Today's Gold Price

[mrsat_98]

Gold Surges to all time High.

Currenly up $47.22 an oz to $2119 an oz.

https://www.fxstreet.com/news/break...30-on-weaker-us-fed-rate-cut-bet-202312032331

 

[mrsat_98]

2980.00

 

[pmbug]

... and it's still undervalued.

 

[oyarde]

Its last real money. Id guess undervalued by 1/2 if compared to land pricing and previous land pricing . Gonna take 2993 now for a new top

 

[mrsat_98]

Its last real money. Id guess undervalued by 1/2 if compared to land pricing and previous land pricing . Gonna take 2993 now for a new top

It passed $3000 for a minute this am.

 

[oyarde]

Going to need to get to 3005 next week for new mark , just 23 doll away now

 

[Snowball]

don't buy.

 

[oyarde]

Vast majority of gold in past five yrs , 1100 doll runup is not consumer driven . I see no reason Central banks etc not to continue. Unlike an ignorant public central banks know real money. Gold just 15.00 off new top rite now. Consider tat common people already could not buy gold, been priced out a long time, dealer cost on one oz gold eagle nearly 3100 before resale, US median income 43k , about 33 percent more in 25 years during time M2 averaged about 8 percent per yr increase , new omes averaged 6.67 percent increase and groceries far , far surpassed tose percentages past five years

 

[mrsat_98]

Just broke $3050

 

[oyarde]

Needs 3056 next week for new top

 

[pmbug]

CME raised margins on gold contracts by 8% today.

 

[oyarde]

I did my taxes , ten got a 1911 D 2 1/2 doll gold Indian , a ribeye and two tall draft beers

 

[Swordsmyth]

As of today, $100 of gold weighs less than a $100 bill$100 USD bill = 1 gram$100 of gold = 0.983 gramsThe US no longer issues new bills larger than $100.This means gold is actually a more efficient means of transferring value in the physical world than USD bills.

https://x.com/avichal/status/1906931124305322056

 

[oyarde]

Will need 3222 now for a new top

 

[oyarde]

3247 now is new top price if gets to it next week. I picked up a 2 1/2 gold Indian today and made offers on two more

 

[oyarde]

3247 now is new top price if gets to it next week. I picked up a 2 1/2 gold Indian today and made offers on two more, Up 260 since Snowball said dont buy

 

[mrsat_98]

It hit 3258 but is back down.

 

[pmbug]

$3307 currently.

 

[oyarde]

Next new high will be 3330

 

[oyarde]

3359.9 so 3360 next top