Selling gold. Should i wait or do it now? | |
| Anonymous Coward User ID: 1430199 12/25/2012 02:25 PM Report Abusive Post Report Copyright Violation | |
| Kalles Kaviar (OP) User ID: 3264930 12/25/2012 02:29 PM Report Abusive Post Report Copyright Violation | 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 User ID: 30250492 12/25/2012 02:32 PM Report Abusive Post Report Copyright Violation | Hey guys and gals! Quoting: Kalles Kaviar 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? 2013 is the year. Wait until after April but before August. I know! |
| Anonymous Coward User ID: 20093181 12/25/2012 02:39 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 961432 12/25/2012 02:42 PM Report Abusive Post Report Copyright Violation | 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. |
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| Keneh User ID: 30197356 12/25/2012 03:14 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 11333543 12/26/2012 05:27 PM Report Abusive Post Report Copyright Violation | |
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| nwo_watcher_911 User ID: 4520570 12/26/2012 05:39 PM Report Abusive Post Report Copyright Violation | 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 |
| Anonymous Coward User ID: 1382145 12/26/2012 05:43 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 24113482 12/26/2012 05:48 PM Report Abusive Post Report Copyright Violation | 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 12/26/2012 05:55 PM Report Abusive Post Report Copyright Violation | OP, Quoting: nwo_watcher_911 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. 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 12/26/2012 05:56 PM ![]() Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 24113482 12/26/2012 05:58 PM Report Abusive Post Report Copyright Violation | 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 12/26/2012 06:01 PM Report Abusive Post Report Copyright Violation | |
| Judethz Israel is Eternal User ID: 20521597 12/26/2012 06:02 PM ![]() Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 30915251 12/26/2012 06:25 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 8397139 12/26/2012 06:30 PM Report Abusive Post Report Copyright Violation | OP, Quoting: nwo_watcher_911 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. 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. 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 12/26/2012 06:33 PM ![]() Report Abusive Post Report Copyright Violation | Hey guys and gals! Quoting: Kalles Kaviar 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? Is it jewelry or sold gold? If jewelry what Karat is it? If you dont build your dream, SOMEONE ELSE HILL HIRE YOU TO HELP BUILD THEIRS |
| Chrit User ID: 27088294 12/26/2012 06:36 PM ![]() Report Abusive Post Report Copyright Violation | 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 User ID: 198576 12/26/2012 06:37 PM ![]() Report Abusive Post Report Copyright Violation | ![]() :Gold Bubble Not : Proud Infidel !!! 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. Bukhari:V4B52N268 "Allah's Apostle said, 'War is deceit.'" In a time of universal deceit, telling the truth is a revolutionary act. - George Orwell "I ask, Sir, what is the militia? It is the whole people. To disarm the people is the best and most effectual way to enslave them." ~ Founding Father, George Mason, Co-author of the Second Amendment. [link to www.faithfreedom.org] [link to thereligionofpeace.com] [link to prophetofdoom.net] [link to www.bibleprobe.com] [link to www.fatherzakaria.net] Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate. |
| Anonymous Coward User ID: 25299941 12/26/2012 06:38 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 27735673 12/26/2012 07:02 PM Report Abusive Post Report Copyright Violation | Hey guys and gals! Quoting: Kalles Kaviar 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? 2013 is the year. Wait until after April but before August. I know! Actually that's about right |
| Anonymous Coward User ID: 17114980 12/26/2012 07:06 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 8397139 12/26/2012 07:10 PM Report Abusive Post Report Copyright Violation | 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 User ID: 30541819 12/26/2012 07:21 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 25299941 12/26/2012 07:24 PM Report Abusive Post Report Copyright Violation | 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. and if he's ever in Canada, he can stop in there and sell it. I don't sell, I buy |