......................... to sell your Gold DON"T !!!!!!!!!!!!! You will be underselling it greatly. I know a major Gold buyer who says all the TV and Internet ads are in a great push on the "urgency" to sell your Gold now!! Do you think the Gold buyers are in a hurry to buy your Gold before it goes..........down in price??? He intimated to me that all this "Bernanke funny" money and "Bailout Bucks" will really start to hit near the end of Sept 2011 and on. Gold will most likely hit $2000.00+ an oz. Silver is up 70%so far....... and same goes for it keep it don't sell....... now. If the United States dollar loses it's reserve currency status the sky will be the limit. This may happen, major players such as China, Russia and the Arab Oil powers have held Secret meeting where the U.S. was not invited to discuss the demise of the U.S. dollars role as a reserve currency. Serious times ahead............keep your insurance policy (gold/silver) intact. I'll see you in October when I will refer to this posting and we'll see what transpires. This is my good deed for the day. Thanks for your attention. PS Gold price today $1380.00 .
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If you are thinking the time is right......................
- Thread starter Ivan
- Start date
Well I'm selling (some) and using the money to buy land in two other countries. Track gold prices and you see it either drops or sits for years at a time while inflation continues on. If you have any higher interest rate loans then settle them and enjoy the feeling of freedom.
dewcon4414
Well-known member
Like any market you have to consider the best time to sell based on your situation. Like it or not history tells us if the government gets into trouble they will require precious metal to back the buck... where do you think they will get it? I know where they got it the last time.... and they didnt dig it. But... im not one to trust a piece of paper being worth its face value either. Turns into a guessing game.... you can bet those that deal in metal watches changes. I think the real problem is day traders dealing without REAL gold or silver. They can really have an affect on the market.
Dew
Dew
Larry (IL)
Well-known member
Nothing beats the "Bird in Hand" rule. 
Mike Hillis
Well-known member
n/t