Sure wish he would get back on the forum with his oppinions on gold. Got a fella that is trying to sell me some old gold and asking an arm and a leg for the pleasure of having it in my possession. Not sure what the going price is for such stuff and figure Sir August would have some good hard facts on the subject.
I just finished reading Don Quichote de la Mancha all 1000 pages of it in a new english translation . I killed more then one bag of wine on my queste
( Famous scene Don Quichote spearing wineskins floading an inn with wine but I drank the wine )
This morning the dollar broke upwards again against the euro so I expect gold to go down ( 725-760$ are computer generated predictions bah )
I traded a bronze crucifix against perfume and threw in a belgian king with bezel and got settled the difference by paypal
The american professional goldsmith gave me what he gets himself first 12 carat is assumed from europe for the bezel that is 50% gold but american gold goes as low as 8 carat . Second 80% of melt is paid between professionals which you will probably not get on selling. So presume 1/3 gold (8 carat ) and 50% of melt as a fair price when the dollar price is around 760 . I would not buy for more .
PS Humpybong ; I am a very atypical flemish I drink wine and cognac and scottish whiskey but yes I have been overworking my computer with useless predictions and see more pain down before gold goes up again. The turning poing may be the US having a new president ; then they can let the dollar drop again and gold go up.
PPS2 Those that missed me thank you . This is the first time in my life somebody misses me