with the economy rescue package...........and now talk of a 2nd stimulus package...........gold seems down more than it has been for a while.....round 750 now.....should we sell now??
Excal 1000, Excal II, Sovereign GT, CZ-20, Tiger Shark, Tejon, GTI 1500, Surfmaster Pulse, CZ6a, DFX, AT PRO, Fisher 1235, Surf PI Pro, 1280-X, many more because I enjoy learning them. New Garrett Ca
Gold goes up and it comes down. Once you sell off some of the gold rings you've uncovered after also digging up um tine pull tabs, they are gone forever. Still once converted into cash you are only going to buy gas to drive to the next site. This is of course if the wife doesn't run off to the shoe store for more of them shoes she'll never wear.
I've sold lots of gold and always regretted not waiting.
Think of it this way, As much gold as is lost and found on beaches, if you need it sell it if not hold it. Its not like you will never find more gold on the beach, you can beat yourself up over selling one day and the price gaining the next but what if you sell today and the price drops out tomarrow.
Life is a gamble, live it with no regrets, cause no one is garenteed tomarrow.
If I sell mine no doubt I would just spend it on something I don't need, but for what ever reason feel I have to have; I am just going to hold my gold at least untill I am 65.
I may be hungry and who knows how much Alpo wll cost then...
with the economy rescue package...........and now talk of a 2nd stimulus package...........gold seems down more than it has been for a while.....round 750 now.....should we sell now??
Hello mate, you could do as I do. I never sell anything, but I DO refine and buy .999 fine bullion bars, with the money I receive from refining. That way, I STILL got loot and it is a sound investment in the precious metals market. Once you sell your gold or silver, it's gone. You get the money and spent it on something. If you hold onto it, you got it, IF you need it, savvy? It is easy to check spot with .999 too. You always know exactly how much your lot of loot is worth. Just my 2 cents.
Watch the Dollar. When the value of the dollar changes it takes more or less of them to buy one ounce of gold. People have been selling their gold lately to meet margin requirements. Some " experts " see the bottom at $680.00 with a rise back to $900.00 if there is a reversal in the dollar. The only thing you can count on lately is volatility in the markets. If you need to sell, only sell half and wait on the rest.