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#1

Gold is over $2000 an ounce and silver is at $25. It is a beautiful day.

The rich know what is coming.
  • [url=https://www.bnnbloomberg.ca/investing][/url]
Jul 31, 2020

Traders on the main gold futures exchange in New York have issued the largest daily delivery notice on record.
In the latest sign of how the market’s norms have been upended by the price disconnect that struck in March, traders on Thursday declared their intent to deliver 3.27 million ounces of gold against the August Comex contract, the largest daily notice in bourse data going back to 1994.
While millions of ounces of gold trade on the futures market every day, typically only a tiny fraction of that goes to delivery. But in recent months, huge amounts of bullion have flowed into New York and the Comex has seen record deliveries.

https://www.bnnbloomberg.ca/gold-traders...-1.1473573

Today:
Gold prices hit an all-time of $2,000 per ounce Tuesday, extending a year-to-date gain that has driven a rally in bullion and prompted the largest inflows into gold ETFs in history.
Spot gold prices traded at $2,000 per ounce in early New York dealing, rising 1.7% on the session as the U.S. dollar struggled to hold gains against a basket of its global peers. The gain extends gold's year-to-date advance to just over 31.5% Comex gold futures for August delivery, meanwhile, rose 1.65% to $1,998.40 per ounce.
Data from the World Gold Council, published last week showed that  flows into gold-backed ETFs have risen to 734 tonnes over the first half of the year, an all time high that surpasses the previous record set in 2009.

https://www.thestreet.com/investing/gold...s-declines

United States will be losing its AAA rating soon. The warning has been issued, watch for the downgrade.

Fitch Ratings revised its outlook on the country’s credit score to negative from stable, citing a “deterioration in the U.S. public finances and the absence of a credible fiscal consolidation plan.” The country’s ranking remains AAA.

“High fiscal deficits and debt were already on a rising medium-term path even before the onset of the huge economic shock precipitated by the coronavirus,” Fitch said. “They have started to erode the traditional credit strengths of the U.S.”
https://finance.yahoo.com/news/united-st...48506.html

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#2

[Image: 20gvalcambi.jpg]
You talked me into it, I just dropped $1,516.78 on twenty grams. Hope I can afford some more before it skyrockets.

https://www.jmbullion.com/20-gram-valcam...-combibar/

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"Those who can make you believe absurdities can make you commit atrocities." -Voltaire
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#3

It's a beautiful thing. Big Grin 


Gold today: 2,004.90


Silver today: 28.07

[Image: silver_30_day_o_x_usd.png]

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#4

(08-04-2020, 11:37 PM)Lordy x2 Wrote:  [Image: 20gvalcambi.jpg]
You talked me into it, I just dropped $1,516.78 on twenty grams. Hope I can afford some more before it skyrockets.

https://www.jmbullion.com/20-gram-valcam...-combibar/


Well done @lordyx2.   Some are speculating that gold is going to triple+++  Warren Buffet invested in a gold mine company, he may say buying gold is foolish but actions speak louder.

Welcome to the Precious Metals owners club.

HellYeah

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#5

(08-18-2020, 06:00 PM)July Wrote:  
(08-04-2020, 11:37 PM)Lordy x2 Wrote:  [Image: 20gvalcambi.jpg]
You talked me into it, I just dropped $1,516.78 on twenty grams. Hope I can afford some more before it skyrockets.

https://www.jmbullion.com/20-gram-valcam...-combibar/


Well done @lordyx2.   Some are speculating that gold is going to triple+++  Warren Buffet invested in a gold mine company, he may say buying gold is foolish but actions speak louder.

Welcome to the Precious Metals owners club.

HellYeah

Don't give me an attaboy just yet.  Sad



JM BULLION
We are unable to complete ORD-XXXXX at this time. The risk prevention measures we use to verify credit/debit card payments indicate higher-than-average risks on your order. We employ these risk prevention measures for the protection of all our customers. Your order has been cancelled and we have voided your purchase. If any funds were charged to your credit/debit card, they should be refunded within 48 hours. We suggest using a paper check or bank wire if you would like to place another order. Once you have placed a successful order via paper check or bank wire, you will then be able to charge purchases to a credit/debit card.



A day or two before my order was supposed to ship they cancelled it on me. I have bought some silver coins and bars from them and they had no problem receiving payment so I don't know what their problem was with this order. Anyways, I'm still sitting on my cash and going to find someone else to spend it with. JM screwed themselves out of a customer.

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"Those who can make you believe absurdities can make you commit atrocities." -Voltaire
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#6

Bummer on getting your order canceled.

Not always the cheapest but these guys are small and patriots. https://allamericangold.com/  they are limited on stock like everyone else but they have a metals plan or you can purchase straight out. I have been listening to them for years. They have a podcast that mainly talks economic doom but I find them to be truthful. If the Prez does something wrong, they will call him out.

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