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Selling gold. Should i wait or do it now?

 
Kalles Kaviar
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User ID: 3264930
Sweden
12/25/2012 02:00 PM
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Selling gold. Should i wait or do it now?
Hey guys and gals!

I know here are alot of people that know a bit about gold and other precious metals. I have 35 grams of gold and i wonder if i should sell it now, or should i wait? I know prices are at an all time high, but will it go up more? Or will the prices fall? Anyone has some predictions?
Newton's third law of emotion

For every male action, there is a female overreaction.
Anonymous Coward
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United States
12/25/2012 02:25 PM
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Re: Selling gold. Should i wait or do it now?
It will go up. Then it will go down. Then it will probably go up again.
Kalles Kaviar (OP)

User ID: 3264930
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12/25/2012 02:29 PM
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Re: Selling gold. Should i wait or do it now?
It will go up. Then it will go down. Then it will probably go up again.
 Quoting: Anonymous Coward 1430199


since the prices have gone up by almost 350% in 10 years i wonder if you think it will go up more or if it have reached max price. Smartass
Newton's third law of emotion

For every male action, there is a female overreaction.
Anonymous Coward
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Canada
12/25/2012 02:32 PM
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Re: Selling gold. Should i wait or do it now?
Hey guys and gals!

I know here are alot of people that know a bit about gold and other precious metals. I have 35 grams of gold and i wonder if i should sell it now, or should i wait? I know prices are at an all time high, but will it go up more? Or will the prices fall? Anyone has some predictions?
 Quoting: Kalles Kaviar


2013 is the year. Wait until after April but before August. I know!
Anonymous Coward
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United States
12/25/2012 02:39 PM
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Re: Selling gold. Should i wait or do it now?
selling low is always a good idea!!!

the more fiat money is printed the more gold will....

figure it out yourself
Anonymous Coward
User ID: 961432
United States
12/25/2012 02:42 PM
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Re: Selling gold. Should i wait or do it now?
Gold and silver preserve wealth they serve as real money. Paper money is more or less a fictional construct of laws, the fractional reserve banking system and people's insatiable demand to have something today with the promise of paying for it tomorrow.

If you have gold I'd suggest holding onto it, as all those paper promises will eventually collapse in a heap as a house of paper cards. Then you will need something to serve as money. I got a bag of pre 1965 silver dimes, not much but its something.
Keneh

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United States
12/25/2012 02:53 PM
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Re: Selling gold. Should i wait or do it now?
Should I buy Gold and Silver now or wait till we go off the cliff?
Keneh
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12/25/2012 03:01 PM
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Re: Selling gold. Should i wait or do it now?
Should I buy Gold and Silver now or wait till we go off the cliff?
 Quoting: Keneh


The cliff started as a political strategy that has now backfired. It has developed into a no win situation, everyone in congress now will end up looking like dumb fucks. buy low
Keneh

User ID: 30197356
United States
12/25/2012 03:14 PM
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Re: Selling gold. Should i wait or do it now?
Should I buy Gold and Silver now or wait till we go off the cliff?
 Quoting: Keneh


The cliff started as a political strategy that has now backfired. It has developed into a no win situation, everyone in congress now will end up looking like dumb fucks. buy low
 Quoting: Anonymous Coward 20093181


So there's no cliff? is it going to go up or down?
Keneh
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United States
12/26/2012 05:27 PM
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Re: Selling gold. Should i wait or do it now?
dude stop trying to make ppl answer questions for you, do the research and conduct a analysis based on your knowledge and the amount your trying to invest, you sound more like a fed agent than a regular poster
Anonymous Coward
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United States
12/26/2012 05:30 PM
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Re: Selling gold. Should i wait or do it now?
When Jim Sinclair said that gold will hit $1650 they all laughed. Now he says it will hit $3500. I'd hold on to it...
nwo_watcher_911

User ID: 4520570
United States
12/26/2012 05:39 PM
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Re: Selling gold. Should i wait or do it now?
OP,

There are literally a million facets to this equation.

But as for me, my insiders say after jan 1st, people will wake up to tax of obamacare, and by April tax day (USA) then the public will be awake to what has happened, in which time shit could unravel pretty quickly.

But all my indicators of usual suspects (Texas bull horn guy, oil pipeline pastor guy, socialist max kaiser, newspaper reader gerald celente, zero hedge, silver bugs, FOMC Fed meetings) are all saying they are printing 85bln a month every month indefintely, and that the tax man cometh.

So as for us and ours, we are holding out until between April and June, so around the similar timeline as someone else mentioned.

HOWEVER - things can change - it only took Egypt 3 days to oust Mubarak. They can oust their current NWO puppet as can any nation can, in a similar time frame - so we just don't know for sure, nobody does.

Pray to The LORD and ask Him what you should be doing in general, and then also for your finances. He will show you The Way but it may not be what you think.
nwo_watcher_911
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United States
12/26/2012 05:43 PM
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Re: Selling gold. Should i wait or do it now?
I will buy it all from you at $10 a gram :)
Anonymous Coward
User ID: 24113482
New Zealand
12/26/2012 05:48 PM
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Re: Selling gold. Should i wait or do it now?
As you seem not too desperate for cash...

Work out what you paid for it, whenever that was.

Adjust for inflation.

Work out how much you need to sell of what you have to cover the initial payment.

Sell that amount.

Keep whats left of the Gold.

That way the gold you now have was for free.

I did this with Silver - I bought a load- it doubled in price - i sold half plus a tiny bit, gettting all my initial cost back+

Now all the silver i have left is free ( of course I would have made more money if i had sold the lot, but that is not the point) Even if silver dropped to $10 and i had to sell to pay for something i could not avoid - Its still all bonus.
Anonymous Coward
User ID: 24113482
New Zealand
12/26/2012 05:55 PM
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Re: Selling gold. Should i wait or do it now?
OP,

There are literally a million facets to this equation.

But as for me, my insiders say after jan 1st, people will wake up to tax of obamacare, and by April tax day (USA) then the public will be awake to what has happened, in which time shit could unravel pretty quickly.

But all my indicators of usual suspects (Texas bull horn guy, oil pipeline pastor guy, socialist max kaiser, newspaper reader gerald celente, zero hedge, silver bugs, FOMC Fed meetings) are all saying they are printing 85bln a month every month indefintely, and that the tax man cometh.

So as for us and ours, we are holding out until between April and June, so around the similar timeline as someone else mentioned.

HOWEVER - things can change - it only took Egypt 3 days to oust Mubarak. They can oust their current NWO puppet as can any nation can, in a similar time frame - so we just don't know for sure, nobody does.

Pray to The LORD and ask Him what you should be doing in general, and then also for your finances. He will show you The Way but it may not be what you think.
 Quoting: nwo_watcher_911


if it 'unravels' as you put it, gold and silver and every other sellable item will 'unravel' too as people sell whatever they can to make bills, payments and obligations.

IMO such an 'unraveling' woul be a buying opportunity, not a selling opportunity.

The more PM's go up, the less i will buy, and the more inclided i will be to sell.

The more PM's fall, the more i will buy and the more inclided i will be to buy.

Right now both are still too high for my liking. But i am hoping to see silver come back into a buying range (<$25) soon.

WOuld not surprise me to se it below $20 actually as all the doomtards unload in panic.
PitViper

User ID: 12698388
United States
12/26/2012 05:56 PM
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Re: Selling gold. Should i wait or do it now?
They walked gold down last year at this time. Then in Jan things heated up again. Folks should be buying.
Anonymous Coward
User ID: 24113482
New Zealand
12/26/2012 05:58 PM
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Re: Selling gold. Should i wait or do it now?
speaking of doomtards.


Anyone notice the price of silver dropping as the Mayan end of the world date approached?

Anyone notice that it continues to drop?

I wonder if in the new year all the hoarders and preppers come out of their bunkers and sell the majority of their madmaxapocalypse silver stashes.


Pushing the price below $20?


Could happen,
afistfullofsand
User ID: 20426880
Canada
12/26/2012 06:01 PM
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Re: Selling gold. Should i wait or do it now?
selllllll.. price will be 600-750 by end of 2013. that's my guess
Judethz
Israel is Eternal

User ID: 20521597
United Kingdom
12/26/2012 06:02 PM

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Re: Selling gold. Should i wait or do it now?
Anyone has some predictions?
 Quoting: Kalles Kaviar


Beansspam
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Saudi Arabia
12/26/2012 06:25 PM
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Re: Selling gold. Should i wait or do it now?
well, it looks like they'll take a few months before they solve the fiscal cliff and agree to raise the debt ceiling (us debt already reached it), so gold might still go up until then.
Anonymous Coward
User ID: 8397139
United States
12/26/2012 06:30 PM
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Re: Selling gold. Should i wait or do it now?
OP,

There are literally a million facets to this equation.

But as for me, my insiders say after jan 1st, people will wake up to tax of obamacare, and by April tax day (USA) then the public will be awake to what has happened, in which time shit could unravel pretty quickly.

But all my indicators of usual suspects (Texas bull horn guy, oil pipeline pastor guy, socialist max kaiser, newspaper reader gerald celente, zero hedge, silver bugs, FOMC Fed meetings) are all saying they are printing 85bln a month every month indefintely, and that the tax man cometh.

So as for us and ours, we are holding out until between April and June, so around the similar timeline as someone else mentioned.

HOWEVER - things can change - it only took Egypt 3 days to oust Mubarak. They can oust their current NWO puppet as can any nation can, in a similar time frame - so we just don't know for sure, nobody does.

Pray to The LORD and ask Him what you should be doing in general, and then also for your finances. He will show you The Way but it may not be what you think.
 Quoting: nwo_watcher_911


if it 'unravels' as you put it, gold and silver and every other sellable item will 'unravel' too as people sell whatever they can to make bills, payments and obligations.

IMO such an 'unraveling' woul be a buying opportunity, not a selling opportunity.

The more PM's go up, the less i will buy, and the more inclided i will be to sell.

The more PM's fall, the more i will buy and the more inclided i will be to buy.

Right now both are still too high for my liking. But i am hoping to see silver come back into a buying range (<$25) soon.

WOuld not surprise me to se it below $20 actually as all the doomtards unload in panic.
 Quoting: Anonymous Coward 24113482


Right! Once the 'unraveling' is underway, hope that someone is dumb enough to catch the falling knife.

That's a tough one to answer, OP. I might go outside GLP - no offence to anyone here - and talk to a known professional personal financial expert.

Good luck to you.
Philligan
in rainbows

User ID: 2530194
United States
12/26/2012 06:33 PM

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Re: Selling gold. Should i wait or do it now?
Hey guys and gals!

I know here are alot of people that know a bit about gold and other precious metals. I have 35 grams of gold and i wonder if i should sell it now, or should i wait? I know prices are at an all time high, but will it go up more? Or will the prices fall? Anyone has some predictions?
 Quoting: Kalles Kaviar


Is it jewelry or sold gold?

If jewelry what Karat is it?
everything in its right place
Chrit

User ID: 27088294
United States
12/26/2012 06:36 PM

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Re: Selling gold. Should i wait or do it now?
Save it, it’s a hedge for inflation. If cash becomes worthless gold will skyrocket.

In theory if this happens your money will not be able to buy food, buy you will be able to at that point sell your gold for 5 figures and & pay off your home as an example, or make the payments for a long time at least.
I'm only human, it's my biggest flaw.

We must all realize a sink a chair and a pillow are all luxuries of home and a soldiers helmet takes the place of all three.
No Dhimmi
Proud Infidel

User ID: 198576
United States
12/26/2012 06:37 PM

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Re: Selling gold. Should i wait or do it now?
:Bubbles of the P:
:Gold Bubble Not :
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
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United States
12/26/2012 06:38 PM
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Re: Selling gold. Should i wait or do it now?
Sorry to sound ugly OP, but you only have a little over an ounce...you might be lucky to get 1200 out of it...HOLD IT!
Anonymous Coward
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United States
12/26/2012 07:02 PM
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Re: Selling gold. Should i wait or do it now?
Hey guys and gals!

I know here are alot of people that know a bit about gold and other precious metals. I have 35 grams of gold and i wonder if i should sell it now, or should i wait? I know prices are at an all time high, but will it go up more? Or will the prices fall? Anyone has some predictions?
 Quoting: Kalles Kaviar


2013 is the year. Wait until after April but before August. I know!
 Quoting: Anonymous Coward 30250492


Actually that's about right
Anonymous Coward
User ID: 17114980
Canada
12/26/2012 07:06 PM
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Re: Selling gold. Should i wait or do it now?
Sorry to sound ugly OP, but you only have a little over an ounce...you might be lucky to get 1200 out of it...HOLD IT!
 Quoting: Anonymous Coward 25299941


$1200?!?!?!

you are getting ripped off badly my friend... my local coinshop will buy 24K gold for 1-2% under spot.
Anonymous Coward
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United States
12/26/2012 07:10 PM
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Re: Selling gold. Should i wait or do it now?
The trick is in the timing, just as the devil is in the details.

At some point, no one will be in the gold buying market. If the economy has disintegrated, I'd rather have bacon because I can't eat gold.

Everything will find fair market price. It can be tough timing to be on the winning side of that law. Many men have lost everything on it, many have made millions.
Anonymous Coward
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United States
12/26/2012 07:21 PM
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Re: Selling gold. Should i wait or do it now?
You just do whatever you want.
Anonymous Coward
User ID: 25299941
United States
12/26/2012 07:24 PM
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Re: Selling gold. Should i wait or do it now?
Sorry to sound ugly OP, but you only have a little over an ounce...you might be lucky to get 1200 out of it...HOLD IT!
 Quoting: Anonymous Coward 25299941


$1200?!?!?!

you are getting ripped off badly my friend... my local coinshop will buy 24K gold for 1-2% under spot.
 Quoting: Anonymous Coward 17114980




and if he's ever in Canada, he can stop in there and sell it.

I don't sell, I buy

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