Coronavirus Stock Market buy off.

[kidman232]

Picked this up while i was out today

 

[Bruins4Life]

Picked this up while i was out today

Grabbed 10 of those last Tuesday.

 

[kidman232]

Grabbed 10 of those last Tuesday.

Im jealous bruins, i only have about 20 physical ounces right now, i use to have alot more years ago

 

[Michelangelo]

Where do you guys live?

I need a few ounces.

jk

 

[TheFalls]

Grabbed 10 of those last Tuesday.

I know you paid a nice premium. there's a ~5% disconnect from paper vs physical prices. or was when I was buying a few weeks ago and had been since this meltdown

 

[Bruins4Life]

Mine are .999 Canadian minted.
Would post a pic if I knew how lol.

I passed I gold bars at $2200 each about 5 weeks ago. Now cost 2700.

 

[kidman232]

I know you paid a nice premium. there's a ~5% disconnect from paper vs physical prices. or was when I was buying a few weeks ago and had been since this meltdown

Premium on physical silver is pretty high. Silvertowne is on back order for 2-3 weeks, so is apmex for most items. On ebay a single ounce will run you around $23 shipped. I paid $210 with no taxes for my bar.

 

[TheFalls]

Mine are .999 Canadian minted.
Would post a pic if I knew how lol.

I passed I gold bars at $2200 each about 5 weeks ago. Now cost 2700.

1 oz gold bars? price is around $1830 right now for those...

 

[Ricboff]

whoa, the forum is buying bars? what's going on?.........everybody bolting , gettin' ready to get atta dodge







a FYI , mickj, just some more info . there was a large print on GLD on Friday. 620,000 shares at $164.80 went off . That's a cool $102,176,000 , lol.

GLD clsoed on Friday at $163.93.

any long positons to be taken for short term, i'd be way more comfortble above that print , at about $165.20ish.

 

[TheFalls]

...just fyi anyone playing paper gold...go with SGOL vs GLD (lower expense ratio)...slight but you might as well.

 

[Bruins4Life]

1 oz gold bars? price is around $1830 right now for those...

Canadian prices.
It's a steep exchange rate these days. About 1.42

 

[Bruins4Life]

...just fyi anyone playing paper gold...go with SGOL vs GLD (lower expense ratio)...slight but you might as well.

Either buying gold stock or AMD stock Monday.
Thoughts are welcome.

 

[TheFalls]

Either buying gold stock or AMD stock Monday.
Thoughts are welcome.

I bought AMD at $16 a couple of years ago...it was a laggard for years....but i'm up 230% now and not selling. Love that stock. I bought Intel a couple of weeks ago and am down a couple %. I would probably look at NVDA before AMD right now.
But I'm up about 26% on GDX since mid March...I would look here or SGOL before getting in semis but miners have more upside imo.

On another note...If you look at individual miners, look where they are mining. Stay out if most production is in an EM.

 

[kidman232]

The falls, would you still recommend amd?

 

[snoop]

[FONT=&quot][h=1]Moderna Inc (MRNA:NASDAQ)[/h]

+ WATCHLIST
Real Time Quote | Last NASDAQ LS, VOL From CTA | USD

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Extended Hours | 8:24:22 AM EDT	Volume
93.00 + 26.31 (+39.45%)

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The market rips higher on the news.


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[Ricboff]

to break the top of the box (spy, es) , imo, again need greater market breadth. Need laggers to find love

the financials r scorching pre-market, gap up coming for XLF.

 

[EastCoastBias]

I bought a total of 1500 shares of SRNE between 4.65 and 5.17 on Friday. Hit 10.54 in pre market hours. Wondering if I should reduce my position on it.

 

[TheFalls]

The falls, would you still recommend amd?

Hans Mosesman has a $70 price target...he’s a top industry analyst

 

[valium]

I bought a total of 1500 shares of SRNE between 4.65 and 5.17 on Friday. Hit 10.54 in pre market hours. Wondering if I should reduce my position on it.

Yes. you get a double in one day you should take some off the table.

 

[CHOPTALK]

China is already back to 100% oil consumption pre covid

wow