German Gold-dispensing ATMs coming to USA

Quote from Debaser82:

No.

90% of all my money is in gold and speculative gold miners.

Wish me luck:D
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Lol! That must be a Saturday morning joke. If so, good one!:D
 
Quote from LEAPup:

Lol! That must be a Saturday morning joke. If so, good one!:D
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I's not.

I just think it's the right place to put your money here and today.

Previously I have distinguished the following 4 reasons on ET when gold is the asset of choice to own.



1: Geopolitical/economic dislocations.
2: Negative real intrest rates.
3: The Dow Gold ratio as a measuring instrument on paper VS hard asset cycles.
4: Investor Mania as a signal of possible bubble forming.

At best you could say number 4 is in force and a possible reason for caution but the other 3 factors are not even close to signaling a possible top for the bull run in gold and precious metals.
 
Quote from LEAPup:

30%? WOW!:eek:

People are paying it, all the while the gold bubble gets larger...

When this one bursts (and it will), there's NO excuse for people on here to not make big money on the way down. ZERO!
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I dont think anyone since the 1960s ever paid spot price for 1 to 5 gram bars.(unless they are cash for gold buyers) There has always been a premium attached to small amounts of gold bars/coins. You dont get spot rate unless you are trading 100 ounce contracts. I have seen banks pay 6% UNDER spot when buying a metric ton of gold though.
 
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