I’ve begun trimming as long planned. The fun of selling into a rising metals super cycle at age 75, priceless. Capital gains tax is a high quality problem And my wife keeps finding another charity, so there’s that
Sal save the link. https://www.silverrecyclers.com/Calculators/gold_calculator.aspx Also one for silver. https://www.silverrecyclers.com/Calculators/silverjewelry_calculator.aspx
Right now, selling is taking all of my free time. I did not buy anything at the last FUN show but still had a blast seeing old friends. Hope you can make it next year. Don't blame you at all for wanting to hang out with mom. That's priceless.
You can just about figure close t0 %50 percent less then 24K, current price per gram of14K $62.09 versus $107.06 for 24K.
WOWSY! Do you know that in 1990, I bought a 14k figaro necklace for $200! Are you telling me that's worth approx. $931 retail? That's crazy. I should have bought more gold back then. Do you think? Silly me.
I am, GOLD is at historic highs, I can remember when it was only $300 an once, that was my first GOLD purchase I bought two 1oz Krugerrands but didn't ge serious about it until about 5 years ago and I have been buying ever since.
Lol, in 1990 I wasn't even old enough to earn allowance. I was happy with a cookie while I watched Wheel of Fortune. Vanna White taught me to read.... when they called out a letter, I'd run to the refrigerator in my ALF pajamas and pick the letter and then run to place it on the living room floor.
local coin club meeting tonight. I sold 1.4 grams of 14k under spot @ $75 and bought 2 ounces of silver over spot @ $67 Before you all flame me for being reckless let me explain myself I picked up a little gold for almost nothing and a little labor. I Sold it to a friend and bought a privy marked silver Canadian Maple @ $33 that I didn't have and a silver Krugerrand @ $34 that I didn't have. The club got a small sellers commission and the casino was generous enough to cover the spread. I probably could have gotten a little more casino generosity but I was done with my coffee and I cashed out in another state a half hour before the coin club meeting at 6:00 pm.
Sounds good enough to explain to my wife if it was me. Silver or Gold? I don't see either being a non-wise move, do you?
Normally I wouldn't be selling either one but it was a little distraction from the work. Everyone was good with the transactions. I also bartered 5 really clean $1 notes and a circulated $1 note for a $10 note & $20 note It helped that my notes had blue seals
GoldFinger1969 was asking if now was one of the best times in your life so far to sell PM'S. watches, jewels, silver and gold, but what's the dealer perspective on this Goldfinger1969. I SUPPOSE THE DEALERS DONT LIKE IT.
They don't from what I have seen. Folks who want to buy -- meaning the dealers sell -- are getting sticker shock, which is one reason why premiums on pre-1933 gold have collapsed. Rising prices for stocks and bonds might create more trading activity and excitement but when the cost of entry into the Gold Bull Market begins at $3,400 an ounce...folks will pass or play the "Silver is Cheap" game.