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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (69864)5/21/2001 8:50:03 AM
From: jrinvestor  Respond to of 116758
 
With the Canadian markets closed today would that have a positive effect on the US markets and stocks? JR



To: long-gone who wrote (69864)5/21/2001 9:16:29 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 116758
 
Since majority of MY gold FOR $ALE @ any given moment=$20 per oz COST, a $12 move doesn't excite me all that much, Richard.

As for the newly mined stuff... I accepted delivery of a new impact crusher ystdy and will be installing it this week, so I guess that means I won't be selling any this week, unless the install goes better than planned.

BESIDES, Richard,
I parse out the newly mined stuff for upwards of an avg of $1,100 per oz in fractions of a gram quantities and have so for about 6 years now. My "needs" are simple, and my location is ON or near my claims at any given moment, having just relocated in the last 2wks to be closer to my newest lode claim.

Ah, the life of a wireless, nomad gold recycler/also now-an-outdoors-the-old-fashioned-way-miner-6-months-a-year-at-least.

Doesn't take many grams to pay the bills after my life change--which I instituted for all the "wrong reasons,aka Y2K fears"-- but has ended up being the right move for me and mine!

Like those Rates of Return on Investment?

I'll grant you, my $1100 per oz price realized is down a tad from the heady days when I was getting between $6700 per oz down to the more normal $1475 per oz, but I can still live with a few grams grossing $1,100 per oz on a regular basis.

It's ALWAYS in the marketing of one's gold that the money is made, not in the tracking of the futures, which I used to dearly LOVE to chart and gamble on before Y2K and my life-change move. But not anymore--I much prefer the nomadic, wireless life, and the outdoors fun!.

Gold is just money to me, and can be stockpiled or sold at will. You'd be surprised how much is exchanged for goods and services out here in this neck of the "Eastern Oregon woods" ...most people are.

However, since price rallies excite my fractional gram customer buyers/accumulators, I always pay attention to what spot is doing because that means I get more excitable customers wanting theirs NOW and not mun-Yawn-na<grin>

What tickles me to no end are the Yahoo seller dudes I just started watching (thanks for that URL, JRW) who blow up their scanned gold dust pictures to about 800% and STILL get big bucks for it. Even with a ruler right underneath their pictures, they seem to sell out. Wish I could do that, but I simply don't have the time to mess with the "magnified ruler" game. I just watch them, kinda using them as a private "sentiment indicator"
What a hoot, yes?

Did you "coverl your leased gold" to that jeweler or has he already sold and paid you?

gold_tutor
ayup, that's smee... on SI, eBay, AOL, Stockhouse, and at least 6 BBS on gold probably residing right there in your bookmarks and you don't even know it's smee...YEEEEEEEEEEeehaw