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At what price will you stop buying gold?
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<p>[QUOTE="Cloudsweeper99, post: 259078, member: 3011"]This is a tough question. I haven't purchased much gold in the last two years. I think I bought two 1/10 ounce AGEs in the last year because they were low priced. I guess the highest amount I've paid for a $20 liberty was $650 for an MS61 common date. Right now, silver looks to be the better deal and I'll probably gradually keep buying morgan and peace dollars, silver eagles and maple leafs, and even canadian silver dollars as long as the price of silver remains below $20 per ounce. If it goes higher, I'll re-evaluate.</p><p><br /></p><p>I have no plans to sell because I think the devaluation of the dollar [i.e., inflation] will be continuous for the rest of my life. If people start lining up around the block to buy gold and silver and it makes the evening news, I'll start selling to them.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 259078, member: 3011"]This is a tough question. I haven't purchased much gold in the last two years. I think I bought two 1/10 ounce AGEs in the last year because they were low priced. I guess the highest amount I've paid for a $20 liberty was $650 for an MS61 common date. Right now, silver looks to be the better deal and I'll probably gradually keep buying morgan and peace dollars, silver eagles and maple leafs, and even canadian silver dollars as long as the price of silver remains below $20 per ounce. If it goes higher, I'll re-evaluate. I have no plans to sell because I think the devaluation of the dollar [i.e., inflation] will be continuous for the rest of my life. If people start lining up around the block to buy gold and silver and it makes the evening news, I'll start selling to them.[/QUOTE]
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