Hey everyone, I am currently grappling with a decision so I thought I would break my silence (long time reader of this forum, not so hot on posting) and solicit some feedback.
As the title suggests, I am trying to determine if liquidating my gold collection of moderns (AGE and Buffs, mostly) and re-investing into numismatic gold (pre-1933 US issues) would be a prudent move as gold prices spike into the stratosphere.
Having been into moderns long enough to see their value rise and fall with the whims of the market, I am of the mind that re-investing, while gold is high, into the more stable arena of numismatic gold would be a smart way to protect my investment and gains.
To that end:
- Is this even a good idea?
- Any points of concern I am overlooking?
- Can suggest any tips into a basic strategy for such a move?
Thanks in advance for you input.