Gold - has it topped?

[riderpride]

3 hours ago, Chas.Alpha said:

Silver at $109. Today. 🤔

Shanghai premium is $20usd above Comex, so it's not slowing down for a while.

Cheers!

[Nevrknow]

Couldn't resist anymore. Sold 10% at $100 today. Plan on converting more if the ratio keeps dropping. We'll see.

[vladdraq]

Silver puts today to hedge UUUU, MP, rare earths and uranium in general. 

[LordAnubis]

So after my super (pension fund) has near on doubled, I’m looking at exiting my gold positions right about now. Someone convince me otherwise. 

[El Presidente]

7 hours ago, LordAnubis said:

I’m looking at exiting my gold positions right about now. Someone convince me otherwise. 

Millions around the world pondering the same question. 

So where do you put the moola? 

Equities? Key market overvalued possibly.

Unlikely to be USD/currencies 

Property? Top of the market possibly. High costs of entry and exit. 

Crypto? no idea. 

 

I think you should put the money in Cuban Cigars. Current stock may all become Pre Revolution II shortly. 

[Obscureobject7]

The question should really be “ has the dollar bottomed”. And the answer to that  is: absolutely not. It’s not really gold increasing in price, it’s the dollar being devalued, which Trump and Bessent have been planning all along. I think they made that abundantly clear. PMs will keep going up as long as this remains the administration policy. 

[Obscureobject7]

On 1/27/2026 at 11:31 AM, vladdraq said:

Silver puts today to hedge UUUU, MP, rare earths and uranium in general. 

Bad idea. You will get your head ripped off shorting right now. Wait until the dollar reverses. Which won’t be for a while.

[ha_banos]

The future's gold and not orange then? It's blasted to 5500$ I've had 3 price alerts including 4000£. It's fun times! When to take profits and pay the CGT!? Dca in is the easy bit! Now to Dca back out!

[LordAnubis]

6 hours ago, El Presidente said:

Millions around the world pondering the same question. 

So where do you put the moola? 

Equities? Key market overvalued possibly.

Unlikely to be USD/currencies 

Property? Top of the market possibly. High costs of entry and exit. 

Crypto? no idea. 

 

I think you should put the money in Cuban Cigars. Current stock may all become Pre Revolution II shortly. 

My super strategy is 100% cash or 100% high risk. No middle ground. It was in cash between 2023 till early 2025 (bad decision in hindsight I guess I was expecting a market crash) when it went to gold in 2025. I’ve made good gains and I’m not greedy. I’d cash out and leave as cash probably. 

[Chibearsv]

52 minutes ago, El Presidente said:

I think you should put the money in Cuban Cigars. Current stock may all become Pre Revolution II shortly. 

If only there was a BR locker system that would hold my purchased FOH inventory until a future BR sale and shipment 🤔

[Chibearsv]

5 hours ago, LordAnubis said:

My super strategy is 100% cash or 100% high risk. No middle ground. It was in cash between 2023 till early 2025 (bad decision in hindsight I guess I was expecting a market crash) when it went to gold in 2025. I’ve made good gains and I’m not greedy. I’d cash out and leave as cash probably. 

I’m leaning toward selling too but my procrastination has been too lucrative 🤣. 

[cnov]

What to put it in though? Cash is handy if there's a dip in the stock market, but if there's a dip in the stock market, surely gold presses on? 

[Nevrknow]

5 hours ago, cnov said:

What to put it in though? Cash is handy if there's a dip in the stock market, but if there's a dip in the stock market, surely gold presses on? 

Real estate. I don't mean rental house or office buildings. Remote work "appears" to be emptying office buildings. Rents will go through the roof on homes. All of this is assumption (i.e. looking for debate here). I say this based on MY situation. In MY situation I have vacant acres around me I can turn my silver into. (Did with my last silver sale.) Planning on acquiring more. My thinking is this:- Farmable/resaleable land with zero upkeep/expenses except for taxes. 

But then I'm worst case scenario. I can grow food. Can't eat cash or gold. I've never been a city guy anyway. 

Gold will press on forever. Always has. Fiat never lasts forever. IF it goes to s**t, I do not want to be holding toilet paper in my hands. Or in the immortal words of my stepson, "it's never happened before so it won't happen."

What a history idiot. But I digress...

[vladdraq]

On 1/29/2026 at 10:29 AM, Obscureobject7 said:

Bad idea. You will get your head ripped off shorting right now. Wait until the dollar reverses. Which won’t be for a while.

I guess it wasn't that bad after all. Sold some, kept some. 

 

[Obscureobject7]

On 1/31/2026 at 4:55 PM, vladdraq said:

I guess it wasn't that bad after all. Sold some, kept some. 

Yep. I was wrong as usual😁. Warsh nomination really spooked everyone. 

[ha_banos]

Ok, I think we're past the top! 😁

[vladdraq]

On 2/1/2026 at 7:08 PM, Obscureobject7 said:

Yep. I was wrong as usual😁. Warsh nomination really spooked everyone. 

i didn't expect such a brutal move in such a short time either.

rare earths, uranium, it's in the us administration plans, worth a watch imo. also marijuana stocks, with all the rescheduling talks, that's material change. but yeah, otc stocks not for the faint hearths.