I agree. Don't sell UNLESS you need the cash now. I sold 10 ounces last spring at a little under $1200 to be safe and take the profit. I wish I'd waited. Still holding 11 ozs though. : )
I'm holding on to my whole 1 gram bar of gold and shooting for the moon on where it can go... c'mon $60!!!
Lol, I'm hoping the price drops some today, I have a guys that wants to sell me a bunch of ASEs today. Going to see him this afternoon. Ok investors, time to cash in for a profit! lol
I agree. What reason does anyone have to sell old unless they are cash strapped. $2300 is just an arbitrary number, why sell at that number for falling USD unless you are going to quickly swap USD for something else that will retain value? As long as we have dimwits in Washington, hold onto your metals.... The titanic is sinking. Those holding metals have life rafts....many in washington have helicopters to pull them out, you really think ALL of them in Washington are clueless? The captain is not going down with the ship....but they rest of the population will....
yes. it might be a correction today. looks like dow jones and s & p gonna down too. but don't panic. stay cool.....
now the asian gain last night were erased. american were always the sellers. poor american. continue to use credit card to buy some gold and silver.
That's it. With the crew we've got in Washington, D.C. right now, there's no where for the USD to go but DOWN. That means PMs go UP!
Gold Oct 14, 2010 10:25 NY Time Bid/Ask 1375.30 - 1376.30 Low/High 1369.70 - 1388.30 Silver Oct 14 2010 10:26AM NY Time Bid/Ask 24.41 - 24.43 Low/High 24.06 - 24.95
some are seeing $1,400.00 gold and $25.00 silver soon. http://www.kitco.com/reports/KitcoNewsOctober142010_am.html
Despite Record Gold Prices, Your Holdings May be Worth Less Than You Think from etfdailynews.com [10/14/2010]
Gold Oct 14, 2010 13:37 NY Time Bid/Ask 1377.70 - 1378.70 Low/High 1369.70 - 1388.30 Silver Oct 14 2010 1:37PM NY Time Bid/Ask 24.53 - 24.55 Low/High 24.06 - 24.95
at $1,378.70/oz. (apmex) 2010 AGE bullion unc will cost us $1,445.69 plus shipping. 2010 AGB bullion unc will cost us $1,468.69 plus shipping.