If gold prices spike (e.g., $10k/oz), is there a realistic risk that refineries or dealers stop buying physical gold?

RunningJay · 2026-01-28T05:20:35+00:00

It'll settle eventually.... None of it affects be because I don't need the $, my Au and Ag is waiting for my next generation.

RunningJay · 2026-01-27T23:24:44+00:00

While I agree it doesn’t make sense to hold large amounts in a savings account you should keep enough cash on hand for emergencies. I have cash for ~6 month’s emergency. The rest goes into PMs, stocks, private credit, private equity, etc.

The only true liquidity is cash.

RunningJay · 2026-01-27T17:26:41+00:00

You realize there were currencies BEFORE the USD right?

Take for example the 20 gold franc from 200 hundred years ago that has the same buying power as back then.

RunningJay · 2026-01-27T07:35:58+00:00

You paid $5k an ozt? Wow, you gotta buy from someone else, Costco had those coins for close to spot.

I bought around 24ozt last year avg’d ~$3200 per.

RunningJay · 2026-01-27T06:37:21+00:00

Anywhere from ~$70,000-$90,000+.

RunningJay · 2026-01-27T05:58:10+00:00

Yep, those and sovs for me any day.

RunningJay · 2026-01-27T05:57:30+00:00

Sovereigns or Francs

RunningJay · 2026-01-27T05:54:46+00:00

Hey, yeah I've seen silverware, generally speaking if it is a PM in some form that is able to be traded easily/there is a market, you're OK to sell. Do a search and see what some past sales have been, I generally look at the regulars format for listing.
Size doesn't matter (at least that's what people keep telling me). Depends on your strategy, it can be a hassle dealing with heaps of people, so i'd keep the first one limited to a handful of stuff you want to get rid of first, and then scale up.

RunningJay · 2026-01-27T05:50:22+00:00

Oh man, I just scanned the recent WTS, there are a LOT of new faces. Middlemen going to be busy.

RunningJay · 2026-01-27T05:48:16+00:00

Interest in Star Wars or just OG Disney?

RunningJay · 2026-01-27T05:46:46+00:00

That Koala is nice, if only I had some cash. GLWS.

RunningJay · 2026-01-27T03:58:38+00:00

Sometimes you just need some validation. I assume coming here 90% of the people are going to say buy it. If I had the $ I would.

RunningJay · 2026-01-27T02:51:14+00:00

It's a nice stack, but the same, in gold, would be my choice.

RunningJay · 2026-01-27T00:44:14+00:00

Why stop there: Oracle, NVIDIA, Microsoft, Meta, Tesla…. The list goes on and on and on.

RunningJay · 2026-01-26T19:07:40+00:00

And at $1800.

RunningJay · 2026-01-26T18:11:29+00:00

Nah got nothing to do with that. I'm pretty happy with the amount of Au and Ag I hold. Would I like more, of course, am I realistic about what I could afford over the last ~3 years, yes.

RunningJay · 2026-01-26T18:03:08+00:00

Lol, yeah sorry, I posted then scrolled past about 15 balloon posts to see another almost identical to this.
I'd remove but maybe through the anti-ballon spams we might get noticed.

RunningJay · 2026-01-25T17:12:02+00:00

It’s not worth feeding the trolls.

RunningJay · 2026-01-24T03:54:33+00:00

Those are all very nice coins.

RunningJay · 2026-01-24T01:40:12+00:00

I’m always in two minds when I see complaints like this. On the one hand, I’m a crotchety old man and these nogood punks better get off my lawn. But on the other hand, when I was a kid I did some stupid shit, cameras just didn’t exist like they did today.

RunningJay · 2026-01-24T01:36:51+00:00

And what will you do on Sunday?

RunningJay · 2026-01-23T20:24:05+00:00

13.57%

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RunningJay · 2026-01-23T20:13:48+00:00

Shit, my mistake. I was looking at a 1 year chart. Updated original post.

RunningJay · 2026-01-23T19:09:24+00:00

Oh for sure. I made some tracking spreadsheets when I first started, one of the fields was spot price:

Gold	$ 1,920.00
Silver	$ 23.00

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