Silver/Gold

Discussion in 'Shares & Funds' started by Timb89, 29th Jul, 2019.

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  1. Redwing

    Redwing Well-Known Member

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    NEWS

    NOV and NOW :confused:

    upload_2020-1-4_8-57-29.png
    upload_2020-1-4_8-57-44.png
     
    Redwing, 4th Jan, 2020
    #21
  2. wombat777

    wombat777 Well-Known Member

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    Gold's highest weekly close since 2013.

    Holding numerous ASX300 goldies and GDX in my super and plan is to eventually use leverage of profits from these with respect to gold to top up my dividend stocks. Just not sure when.

    Screen Shot 2020-01-04 at 12.49.11 pm.png
     
    wombat777, 4th Jan, 2020
    #22
  3. wombat777

    wombat777 Well-Known Member

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    wombat777, 5th Jan, 2020
    #23
  4. wombat777

    wombat777 Well-Known Member

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    Gold has broken resistance and is back to levels last seen in 2013.

    Potential for USD $1,800 by mid march which would be very, very gold for gold producers & explorers/developers.

    Screen Shot 2020-01-06 at 10.24.12 am.png
     
    wombat777, 6th Jan, 2020
    #24
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  5. wombat777

    wombat777 Well-Known Member

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    Gold Mining Producer ETF close to breaking resistance. Look at how high it went in the last gold bull run. For context gold is up 22% in 12 months or 45 % from the lows in late 2016.

    This chart is the US-listed ETF. It can also be bought on the ASX if you don't want to be too bothered investing in individual producers. No specific advice intended.
    Screen Shot 2020-01-08 at 7.34.32 am.png
     
    wombat777, 8th Jan, 2020
    #25
  6. wombat777

    wombat777 Well-Known Member

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    wombat777, 8th Jan, 2020
    #26
  7. wombat777

    wombat777 Well-Known Member

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    This guy has great content. Not affiliated.

     
    wombat777, 9th Jan, 2020
    #27
  8. larrylarry

    larrylarry Well-Known Member

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    what's the current status?
     
    larrylarry, 19th Jun, 2020
    #28
  9. Redwing

    Redwing Well-Known Member

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    Redwing, 19th Jun, 2020
    #29
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  10. larrylarry

    larrylarry Well-Known Member

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    larrylarry, 19th Jun, 2020
    #30
  11. Redwing

    Redwing Well-Known Member

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    Historically and over certain shorter time spans, gold has come out ahead.

    2020 so far seems a good reason

    upload_2020-6-19_17-56-37.png
     
    Redwing, 19th Jun, 2020
    #31
    George Smiley likes this.
  12. larrylarry

    larrylarry Well-Known Member

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    Alien invasion??? LOL. Thanks @Redwing I'm convinced.
     
    larrylarry, 19th Jun, 2020
    #32
  13. Redwing

    Redwing Well-Known Member

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    It's all good, the second wave gets them all, a bit like war of the worlds
     
    Redwing, 19th Jun, 2020
    #33
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  14. larrylarry

    larrylarry Well-Known Member

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    where would you recommend buying physical gold?
     
    larrylarry, 19th Jun, 2020
    #34
  15. datto

    datto Well-Known Member

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    Goldmark.

    I'd like a nice thick necklace for my open shirt. Splash on some Brut aftershave. Then out for a cruise around the Druitt.
     
    datto, 19th Jun, 2020
    #35
    Cousinit, Butterfly88, Empire and 1 other person like this.
  16. Guest

    Guest Guest

    New all time high above $1940 today for gold (in USD). All the sentiment as at extreme bullish levels which makes me thing we are putting in a short term top, but I think the bull market has a long way to go over the medium term... good times for those with gold stocks :)
     
    Guest, 27th Jul, 2020
    #36
  17. wombat777

    wombat777 Well-Known Member

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    Currently have about 48% of my super in gold producers. Waiting to leverage profits from these to dividend stocks. I think at least 3-5 years before I do that.
     
    Last edited by a moderator: 10th Oct, 2021
    wombat777, 27th Jul, 2020
    #37
    Guest likes this.
  18. Redwing

    Redwing Well-Known Member

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    Redwing, 29th Jul, 2020
    #38
  19. Guest

    Guest Guest

    Gold through US$2000, but not sure if it will hold. Needs to reset sentiment with some scary corrections, but here is what it would look like if we repeat the performance of 1978-1980 :D

    [​IMG]
     
    Guest, 5th Aug, 2020
    #39
  20. datto

    datto Well-Known Member

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    Wish it was gold up and AUD vs USD down.
     
    datto, 5th Aug, 2020
    #40
    Pier1 and Guest like this.
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