Time to sell gold?

Discussion in 'Bullion Investing' started by vdbpenny1995, Jul 18, 2011.

?

Time to sell?

  1. Yes

    13 vote(s)
    29.5%
  2. No

    31 vote(s)
    70.5%
  1. HULLCOINS

    HULLCOINS Junior Member

    Almost $1900 now
     
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  3. vdbpenny1995

    vdbpenny1995 Well-Known Member

    Good thing I didnt sell at $1600 but what do you guys think about now? Personally I think i should. Even though I probably will I just want to see your guys's insight since its at $1900
     
  4. InfleXion

    InfleXion Wealth Preserver

    If you're looking to turn a quick profit, $2000 gold is beginning to look a lot like $50 silver did and if I were playing the day trading game I would be thinking about selling. Selling physical is risky at any price, because its rise is due to instability which could play a factor in your ability to restock on the next dip which is probably what a lot of people will be doing. Just 2 months ago gold was at $1500. People thought it was expensive then, but I bet if it ever gets near that again we will see demand (which is already high) jump up substantially.
     
  5. HOLLYWOOD

    HOLLYWOOD Active Member

    Time to sell ? No! Wait until the 2nd half of 2012 Gold hit a record today of $1910
     
  6. Ricky008

    Ricky008 New Member

    No is the best choice at the recent time. Gold and other precious metals are at their all time high, and I don’t think they are going lower anytime in the near future.
     
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