Gold Price

[et1955]

How high do you think it will go ? As of now $1974 plus.

 

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[Tesorodeoro]

This is not good for the economy / trade etc. however goes to show what people are having more trust in.

$2035 now.

 

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[crashbandicoot]

Gold absorbs radioactivity,just saying.

 

[Tesorodeoro]

Gold absorbs radioactivity,just saying.

Yes, they are looking at gold plating some types of cancer tumors so as to be able to better focus the radiation treatment. Interesting stuff.

 

[alloy_II]

The use of gold in forensic science, recovering unobtainable fingerprints.

First investigated in 2011, this techniques places fabrics in a vacuum chamber where gold is heated up until it evaporates and spreads finely over it. Zinc is then heated causing it to adhere to the gold in the places where there are no fingerprint residues. The print ridges are seen as the fabric, while the background is the metal.

 

[Assembler]

The use of gold in forensic science, recovering unobtainable fingerprints.

First investigated in 2011, this techniques places fabrics in a vacuum chamber where gold is heated up until it evaporates and spreads finely over it. Zinc is then heated causing it to adhere to the gold in the places where there are no fingerprint residues. The print ridges are seen as the fabric, while the background is the metal.

So this is where the phrase "Gold finger" (James Bond) came from........lol.

Interesting use of the metal.

 

[Assembler]

Gold absorbs radioactivity,just saying.

Darn you will not be able to sell your gold if it has radioactive trace in it..........lol

Actually your gold dust out of the ground will be sellable and you can feature this fact.

 

[crashbandicoot]

Darn you will not be able to sell your gold if it has radioactive trace in it..........lol

Actually your gold dust out of the ground will be sellable and you can feature this fact.

I was thinking along the lines of a nuclear blast and the radiation from that. Read a book about it once. "Alas Babylon",damn good book.

 

[beekbuster]

up 20 cents per day for the last week. 5.30 yesterday. 5.50 today. I top off every day because I know its going to just keep going up. This is not going to end well. Economy is going to grind to a halt very quickly, and this massive house of cards is going to come crashing down...... again.

Last go around I sold firewood to make money. This time Ill sell gold. Much easier on my back.

 

[alloy_II]

up 20 cents per day for the last week. 5.30 yesterday. 5.50 today. I top off every day because I know its going to just keep going up. This is not going to end well. Economy is going to grind to a halt very quickly, and this massive house of cards is going to come crashing down...... again.

Last go around I sold firewood to make money. This time Ill sell gold. Much easier on my back.

Early 70's did firewood and sold some shale used as facing material.

Decent money in scrap catalytic converters but with all the recent thefts its getting difficult to sell them.

If you have gold it's a good commodity, everyone recognizes gold. Some of the issues you're going to run into are finding an honest refinery with decent refining fees.

If your buying scrap gold jewelry, just because it's marked 14k, the law allows the manufacture to be off plus or minus 1k.

The attached book, Testing Precious Metals has some good advice for the buyer.

Spreadsheet for buying Karat gold.

 

[dougachim]

wonder when biden will make gold illegal to own

 

[Chilli]

Since my watch. It climbs in times of crises, wars, then drops. In peace times it yo yo's. It has been apparent that its price is heavily manipulated.
I once worked at a place where the boss purchased gold nuggets.
He gave me the go to buy for him when he was not there. I would say I did the deal for him to the tune of 1/4 to 1/2 of a mil in the time I worked for him. He would tell me "no, none this week" "yes, buy this week".
I always remember him, he was a great boss, saying "gold is heavily manipulated ........ (My name) ....one day at around 2025 you will see it at $5000 an ounce."
He passed away several years ago.

 

[Tesorodeoro]

Early 70's did firewood and sold some shale used as facing material.

Decent money in scrap catalytic converters but with all the recent thefts its getting difficult to sell them.

If you have gold it's a good commodity, everyone recognizes gold. Some of the issues you're going to run into are finding an honest refinery with decent refining fees.

If your buying scrap gold jewelry, just because it's marked 14k, the law allows the manufacture to be off plus or minus 1k.

The attached book, Testing Precious Metals has some good advice for the buyer.

Spreadsheet for buying Karat gold.

If your selling raw gold to a refinery..you either have a lot to sell or are not getting the best deal you probably could.

 

[Tesorodeoro]

Since my watch. It climbs in times of crises, wars, then drops. In peace times it yo yo's. It has been apparent that its price is heavily manipulated.
I once worked at a place where the boss purchased gold nuggets.
He gave me the go to buy for him when he was not there. I would say I did the deal for him to the tune of 1/4 to 1/2 of a mil in the time I worked for him. He would tell me "no, none this week" "yes, buy this week".
I always remember him, he was a great boss, saying "gold is heavily manipulated ........ (My name) ....one day at around 2025 you will see it at $5000 an ounce."
He passed away several years ago.

Wonder what his heirs did with all those nuggets? Likely sold them and split the $$

 

[Johnnybravo300]

My wifes uncle retired from dentistry and he made gold teeth for years.
By the time he retired he had a few buckets of gold scrap so he cashed it in and bought a new truck.

 

[alloy_II]

If your selling raw gold to a refinery..you either have a lot to sell or are not getting the best deal you probably could.

No need to sell raw gold as it's one of the easier metals to refine to four nines.

Sterling silver another easy metal to purify, the alloyed silver metals are a bit more complicated especially when alloyed with a platinum metal

 

[alloy_II]

How high do you think it will go ? As of now $1974 plus.

The platinum sisters are the ones to invest in.

Description and Uses: Rhodium is a silver-white metallic element, is highly resistant to corrosion, and is extremely reflective. It is used as a finish for jewelry, mirrors, and search lights. It is also used in electric connections and is alloyed with platinum for aircraft turbine engines. Another use is manufacturing of nitric acid and used in hydrogenation of organic compounds. Rhodium usage is dominated by automotive catalyst applications where it is used together with platinum and palladium to control exhaust emissions.

Major sources of supply South Africa is the major source, accounting for almost 60% of the world's rhodium supply Russia is the second largest producer, although its sales are, as with the other PGMs, volatile and subject to political intervention.

Platinum	1082.00	-69.00
Palladium	2990.00	-109.00
Rhodium	18000.00	-1800.00

 

[beekbuster]

Early 70's did firewood and sold some shale used as facing material.

Decent money in scrap catalytic converters but with all the recent thefts its getting difficult to sell them.

If you have gold it's a good commodity, everyone recognizes gold. Some of the issues you're going to run into are finding an honest refinery with decent refining fees.

If your buying scrap gold jewelry, just because it's marked 14k, the law allows the manufacture to be off plus or minus 1k.

The attached book, Testing Precious Metals has some good advice for the buyer.

Spreadsheet for buying Karat gold.

I locate gold nuggets with my metal detector then sell them to buyers. Never had a problem finding a buyer for nuggets. If a gram is going to be worth 100 dollars + I can make a living wage metal detecting. For now Ill keep swinging a hammer til the market collapses.

 

[GoDeep]

Gold is a relatively stagnant pond of water. Palladium and Rhodium is where you're going to make the big bucks if you buy and sell precious metals.

Gold: 12/16/21 $1812. oz 3/8/22 $2050. oz

Palladium: 12/16/21 $1,600. oz. 3/8/22 $3,189. oz.

Rhodium: 12/16/21 $11,500.00 oz. 3/8/22 $21,500.00 oz.

1990 Prices:
Gold: $409. oz
Palladium: $140. oz
Rhodium: $260. oz

 

[alloy_II]

I locate gold nuggets with my metal detector then sell them to buyers. Never had a problem finding a buyer for nuggets. If a gram is going to be worth 100 dollars + I can make a living wage metal detecting. For now Ill keep swinging a hammer til the market collapses

Gold is a relatively stagnant pond of water. Palladium and Rhodium is where you're going to make the big bucks if you buy and sell precious metals.

Gold: 12/16/21 $1812. oz 3/8/22 $2050. oz

Palladium: 12/16/21 $1,600. oz. 3/8/22 $3,189. oz.

Rhodium: 12/16/21 $11,500.00 oz. 3/8/22 $21,500.00 oz.

1990 Prices:
Gold: $409. oz
Palladium: $140. oz
Rhodium: $260. oz

Totally agree with you, also the platinum group of metals have way more uses than gold.

If it weren't for the electronics industry gold would be worth a lot less.

Modern chip technology use much less gold.

 

[Assembler]

wonder when biden will make gold illegal to own

Will the FDR day's be back again?