Message:

<p>[QUOTE=&quot;mostly_broncos, post: 2660992, member: 23538&quot;]If&nbsp; you want to be a stacker&nbsp;&nbsp; , you have to consider&nbsp; that you will need to sell at some point&nbsp;&nbsp; or&nbsp; your heirs will .&nbsp; &nbsp;&nbsp; Too many stackers&nbsp;&nbsp; focus on&nbsp; the buying end.&nbsp; When you are only buying&nbsp; it seems like there are 1000&#039;s of places to buy especially in an uptrend.&nbsp; The stuff just flows at you like a river&nbsp;&nbsp; Selling into a down market&nbsp; is a whole different thing.&nbsp; &nbsp; &nbsp; Your 1 oz gold coins&nbsp; are going to get sold to a shop&nbsp; most likely&nbsp; and&nbsp; you are not going to love what they offer you so you will&nbsp; dither over it or get offended , and then spot will drop some more and the offer will go down&nbsp; &nbsp; and pretty soon&nbsp; you will be the guy who is sitting on a&nbsp; complete set of&nbsp; first spouse coins you bought 500 spot dollars higher&nbsp; at a premium and&nbsp; no one will want them .&nbsp; They are hideous&nbsp; stupid coins&nbsp; that should never have been made in the first place&nbsp; , that is why they are low mintage , not because&nbsp; people loved them when they came out.</p><p><br /></p><p>Every coin has a history if its old enough ,&nbsp; that 2002 1 ounce AGE&nbsp; changed hands&nbsp; for $400 and probably 600&nbsp; and maybe 900&nbsp; and&nbsp; some&nbsp; fool owned the thing at $1850&nbsp;&nbsp; too.&nbsp; </p><p><br /></p><p>Ebay is a good place to sell&nbsp; but things are a little more skewed to the buyers than they used to be.&nbsp;&nbsp; By all means&nbsp;&nbsp; sell your 1 oz coins&nbsp; there&nbsp;&nbsp; , there will be buyers for them but don&#039;t be surprised&nbsp; if someone with 3 feedback buys it and pays with a credit card&nbsp; and&nbsp; you could see that money frozen in your paypal account 5 months down the road on a chargeback.&nbsp; Paypal&nbsp; is probably&nbsp; linked the account you write your monthly mortgage payment on&nbsp;&nbsp; , something to think about .&nbsp; How calm are you going to feel if you have a dozen 1 oz coins listed at one time?&nbsp; </p><p><br /></p><p>My exit strategy&nbsp; is all about&nbsp; infinitely&nbsp; divisible&nbsp; piles of 90% silver and fractional&nbsp; liquid gold&nbsp;&nbsp; .&nbsp; That&#039;s the most flexible&nbsp; way out&nbsp; but I&#039;m sure&nbsp; something will go wrong even then and it will cost me.&nbsp; </p><p><br /></p><p>The other thing about big bullion in dollar amounts is that&nbsp; its less likely you will be able to sell for actual cash which will create a paper trail&nbsp; for the government.&nbsp; The only thing worse than having no paper trail at tax time is having half a paper trail&nbsp; , the sale end only , you could wind up paying taxes&nbsp;&nbsp; on a sale that&nbsp; you actually lost money on.&nbsp; &nbsp; </p><p><br /></p><p>It&#039;s not like the government is going to get less into your business as time goes forward.[/QUOTE]</p><p><br /></p>

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