Buying, Selling, or sitting on cash?
PreTurb
Posts: 1,193 ✭✭✭
Right now, are you buying, selling, or sitting on cash? What metals?
I'm sitting on cash, and contemplating a silver for gold swap...
I'm sitting on cash, and contemplating a silver for gold swap...
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Box of 20
Yogi Berra
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I would only change that to say, "sell as high as I can." If someone makes a fair offer and I can make a few bucks, it goes bye bye. Ultimately I'd rather have the $ on hand because I still think all PM's will go back down to pre-current run levels, and that's when I'll buy heavy.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Right now, are you buying, selling, or sitting on cash? What metals?
I'm sitting on cash, and contemplating a silver for gold swap... >>
Yep , i turned a few lb's of .999 silver into .9999 gold right before gold rocketed.I didn't get the full benefit of the silver rise but i'd doubled my investment and with gold taking off i couldn't complain. I'll build up silver stockpiles again now and repeat when the time is right. Almost all my expenditure currently is .925 and higher silver at the lowest i can find it. If it's not low enough i'll pass , latterly i got a bag of pre WWl french francs for way under melt.
Buying some bullion, buying some numismatics; selling some numismatics as well. Not much of a shift in any direction. Fully wedged into pms.
Out of paper and avoiding it like the plague.
Timmy Geithner says he wants to keep the economic recovery going. Tell it to the food rioters, Timmy.
I knew it would happen.
<< <i>I buy when cash is available and I can find something I like at a fair price. >>
Ditto !
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I'm a regular buyer and waiting for any significant drop to add to my position.
If and when silver hits $40.20, I'll be selling some 90%.
Fred, Las Vegas, NV
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<< <i>Snatching up silver at a good price when I can... >>
i sold off duplicates, etc. when silver was ~$25
now im accumulating more, gold is still not within the budget.