lexi.mize.7

What is a reasonable price for an ounce of gold?

COMEX:GC1!   GOLD FUTURES
56 1 1
Hold an ounce of gold             in your hand. What is a reasonable price for that chunk of precious metal?
$100?
$500?
$1000?
$2000?
Divorcing yourself from most market influences for a moment -- what do you think that coin is worth?
What's a nice suit cost these days? $1000? $500? $5000? I'm thinking that -- to me -- an ounce of gold             would be worth about $800-$900 bucks. If I pick up an ounce gold             coin, twirl it in my hand, heft it, flip it, yeah, about eight or nine hundred dollars feels about right. Any more and I'd be ashamed to sell it. Any less and I'd feel cheated.

You?
mozalin.cranz
2 years ago
I see gold going to $1000/oz. If it goes below that, gold will not stay there for long. Mining costs are about $1200/oz.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out