Buy or Sell

lunytune2

I am a collector not a diehard investor . Should I be buying gold or selling it ? I know there is no real answer because crystal balls don't work . What is the opinion of the forum ?

gsa1fan

I'm buying what you got to sell?



That's my opinion

Coll3ctor

<< <i>I'm buying what you got to sell?



That's my opinion >>





LMAO !!!

mkman123

AHAHHAHHAHA

GSA1 hustling all the time

timcoin

Should the political polls begin to suggest that the republicans have a chance to take control of one of the houses in 2010, I think we will begin to see the dollar regain strenth and gold decline. My belief is that the current "high" gold price is due, in part, to the fear a lot of conservatives have about the possibility of increased taxes and dollar devaluation. These people are scared of the current economic policies, and are looking for a way to preserve their wealth. In other words, they are buying a lot of gold as a hedge.

ocon4008

silver!

gsa1fan

Higher interest rates will make a stronger dollar. Gold likes high interest rates.

Julio

I've strained my brain on this very question. I'm going to take the profit. I'll hold eneough, just in case I need to barter for a cow, food, etc.

When/if it dips I'll buy. My faith in our currency/economy wanes with each passing moment. JMO, but I beleive nothing goes up forever. Take care. jws

Justacommeman

<< <i>Should the political polls begin to suggest that the republicans have a chance to take control of one of the houses in 2010, I think we will begin to see the dollar regain strenth and gold decline. My belief is that the current "high" gold price is due, in part, to the fear a lot of conservatives have about the possibility of increased taxes and dollar devaluation. These people are scared of the current economic policies, and are looking for a way to preserve their wealth. In other words, they are buying a lot of gold as a hedge. >>


I actually think exactly the opposite. The Dem's and this administration will continue to sacrafice the dollar in favor of a higher stock market and a feel good public perception. Interest rates will not go up in the next 18-24 months. The last thing the dems need in 2010 is a deep pullback in the stockmarket and the voters 401k's.

<<Higher interest rates will make a stronger dollar. Gold likes high interest rates>>

I would not bet on gold loving higher interest rates this time around. JMO.

MJ

Baley

I've learned this lesson many times... if the value, of an asset class you hold, goes asymtotic ([sp?]), take some profits on the way up.

Not all, but not none either. you all know what they say about Bulls, Bears, and Pigs.