Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Do I need more gold?
>
Reply to Thread
Message:
<p>[QUOTE="Randy Abercrombie, post: 4822040, member: 92655"]The only property I own are my home and my businesses building. Real estate is quite intimidating to me even though my baby brother has done extremely well with it..... I just wanted to address the gold part of this. I came into a windfall in the late 1990’s and purchased a substantial amount of gold. I still have that gold and have added to it over the years. Needless to say, if I needed the cash from the gold that I hold I would do quite well..... But here is the other side of that story.... After purchasing all that gold I became quite involved in precious metals. I have been a lifelong coin guy, it made sense to me. My business started growing and around 2010 and I began adding sizable amounts of silver to my gold holdings. Silver was teetering between $25.00-$30.00 at the time. Well as we all know The silver market corrected shortly after that. Now ten years later I may be getting back to being even with silver.... I found the hard way that I was not a precious metals magnate!........ Long and short is this. Through simple dumb luck I came out a big winner with gold. We are currently at the highest levels we have ever seen with gold & silver. It’s an exciting time to be holding. Personally, I will never again buy while PM’s are so high. They may double next year or they may tumble next year. It’s anybody’s guess. But we are at a peak value level currently. I would only caution that you don’t spend any more than you can comfortably afford to lose at these levels.[/QUOTE]</p><p><br /></p>
[QUOTE="Randy Abercrombie, post: 4822040, member: 92655"]The only property I own are my home and my businesses building. Real estate is quite intimidating to me even though my baby brother has done extremely well with it..... I just wanted to address the gold part of this. I came into a windfall in the late 1990’s and purchased a substantial amount of gold. I still have that gold and have added to it over the years. Needless to say, if I needed the cash from the gold that I hold I would do quite well..... But here is the other side of that story.... After purchasing all that gold I became quite involved in precious metals. I have been a lifelong coin guy, it made sense to me. My business started growing and around 2010 and I began adding sizable amounts of silver to my gold holdings. Silver was teetering between $25.00-$30.00 at the time. Well as we all know The silver market corrected shortly after that. Now ten years later I may be getting back to being even with silver.... I found the hard way that I was not a precious metals magnate!........ Long and short is this. Through simple dumb luck I came out a big winner with gold. We are currently at the highest levels we have ever seen with gold & silver. It’s an exciting time to be holding. Personally, I will never again buy while PM’s are so high. They may double next year or they may tumble next year. It’s anybody’s guess. But we are at a peak value level currently. I would only caution that you don’t spend any more than you can comfortably afford to lose at these levels.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Do I need more gold?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...