Now all I can think of is…
“No, Mr. Bond, I expect you to die!”
Now all I can think of is…
How about a Gold colored cover for your Wyze cams.
If you are planning to buy gold bars remember this gold bar scam from a decade ago.
I enjoyed skimming it and was coming back to read it again.
Traditionally you want to buy the dip, rather than the peak.
But “time in the market” almost always beats “timing” the market.
Daytrading has lower success rates than literal random monkeys making guesses (they actually did a research study doing this)
So my answer would be “yes” if your strategy is to hold for the long term, and “nobody knows” if it is a short term investment…though gold is a pretty low-risk asset, so it probably can’t hurt much.
But this is an interesting article from Charles Schwab about “timing the market” (“is now a good time?”):
I believe in more of a Dollar Cost Averaging strategy with long-term time in the market myself. Works well.
Here is an interesting read from LifeHacker.
Trump just wants a cut from Fort Knox
Did you seem him in the oval office behind the resolute desk asking the aide EXACTLY how much his meme coin was up? His whole face changed. I believe he revealed himself there. He’s a pip.
Wrong random monkeys. They hire the best ones at Goldman Sachs.
That was an excellent and through article!
Thanks for sharing
They used to let you sleep in your car or camper in the giant parking lot behind one of the Tahoe casinos back in the day. The two guys I know who did that ended up working for the casino (one dealer one cage.)
Life a funny thang. -Joe Louis, Vegas greeter
I like the story…
“Of course the gold is there, probably.”
If my name was Dr. Peter Beter, I would have changed it long ago.
It is greatly diminished. It was wire money was taken off the gold standard in the first place, so that the gold could be sold off.
Where did you read that?
I read there are only small samples taken to test purity.
Wonder where the other half is stored?
Mostly at the West Point Bullion Depository (near the Military academy), and Denver Mint.
The Denver Mint actually offers public tours (requires airport-style security screening for visitors), but of course some areas are highly secure and off-limits. It would be interesting to tour there some day.
It’s just that Fort Knox is more well known, has the most, and uses super paranoid impenetrable security measures, so it’s much more legendary and fun to talk about. But if anyone was REALLY going to try to break into one of the vaults like they do in Hollywood movies, the other 2 locations would actually be slightly easier targets by comparison and probably what people would go for instead since it’s not like they could quickly carry out everything in any of them unnoticed.
I wonder what kind of security cameras they use. Obviously going to be PoE closed circuit commercial grade with backups. I wonder if they have any AI stuff integrated to analyze their feeds.
Wow. Thanks.
I visited the Denver Mint years ago but they didn’t mention gold storage on my tour. I don’t remember heavy security, but it was long before 911. I remember seeing nickels and dimes being created
I really enjoyed seeing pallets of money (bills) being printed in DC, on that tour.
I also remember some gold being stored in New York, but I couldn’t remember if it was just a movie.
Ah, makes sense. Kind of weird, since the Federal Reserve is mostly a bunch of private bankers, and they don’t normally really care about gold as it is antithetical to their entire goal and a big reason they wanted off the gold standard.
I guess my bias kept me from realizing the Fed held a bunch of gold too. Learned something new.
I was referring to the value of and the material backing of our dollar, not amount of gold in the treasury vault.