Comments on: Heritage’s NYINC World Coins Auctions Top $26.5 Million, Led by 1898 Republic Gold ‘9’ Pond

By: Rich

Rich — Tue, 04 Feb 2025 00:44:01 +0000

In reply to Rick. ... In a Nutshell.

cagcrisp — Mon, 03 Feb 2025 21:13:54 +0000

In reply to cagcrisp.

USD Index (still trading) was @ 108.88 at the normal stock market closing time.

Stronger dollar and Stronger Gold.

Uncommon…

cagcrisp — Mon, 03 Feb 2025 21:11:02 +0000

For the third consecutive day, GLD has recorded an All-Time Closing High.
It unofficially closed @ $259.94 (24×5 trading, so the price may vary)…

Rick — Mon, 03 Feb 2025 18:58:06 +0000

In reply to cagcrisp.

Supply and Demand…….

cagcrisp — Mon, 03 Feb 2025 16:38:11 +0000

In reply to cagcrisp.

Over the past 7.9 years, for which my data is available, the USD Index has exhibited an inverse relationship with Gold in 80.7% of instances.

A stronger dollar and higher Gold prices are uncommon…

cagcrisp — Mon, 03 Feb 2025 16:27:55 +0000

How Strong is Gold?

In the past 4 years (02/03/2021-02/03/2025), the USD Index has been stronger than its current level (108.78) on only 64 days.

This means the USD Index was weaker 96% of the time.

During those 64 days (4%), the average price of gold was $1,850.01.

Currently Gold is $2,819.10…

REB — Sat, 01 Feb 2025 21:10:38 +0000

In reply to John Q. Coinage. lol

John Q. Coinage — Sat, 01 Feb 2025 21:02:29 +0000

Alex, I will take coins I will never see or touch I person for $1,000,000……

cagcrisp — Sat, 01 Feb 2025 18:24:01 +0000

In reply to cagcrisp. The above two positions will be 100% Liquidated on Thursday, March 13, 2025...

cagcrisp — Sat, 01 Feb 2025 18:19:47 +0000

Nearly 1 year Ago Post…

Posted this on MNB on February 5,2024:

Sold 300 shares of GLD at market price of $186.975 ($56,092.50) for a Net Loss of $317.50

Immediately bought back 300 shares of GLD @ market price of $186.955 (56,086.50)

Then purchased 1,000 shares of SLV @ $20.435 ($20,435.00)…