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Are you buying, selling, or holding precious metals? Poll

hchcoinhchcoin Posts: 4,829 ✭✭✭✭✭
in Precious Metals
I thought it would be fun to see what people were planning on doing in 2016. Feel free to discuss why you feel this way.

Comments

  • bronco2078bronco2078 Posts: 10,229 ✭✭✭✭✭




    You need another choice . All of the above
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,365 ✭✭✭✭✭
    Buying as quickly as cash flow will permit.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • OverdateOverdate Posts: 7,008 ✭✭✭✭✭
    I don't see any compelling reason to buy when just about all commodities remain in the dumpster. I'm in for the occasional one-ounce silver coin if I like the design. (Example: 2016 Australia Wedge Tailed Eagle.)

    My Adolph A. Weinman signature :)

  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    Originally posted by: Overdate
    I don't see any compelling reason to buy when just about all commodities remain in the dumpster. I'm in for the occasional one-ounce silver coin if I like the design. (Example: 2016 Australia Wedge Tailed Eagle.)



    +1
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    Buying when gold gets to 900 - 950 range, numismatic gold.
    Retired United States Mint guy, now working on an Everyman Type Set.
  • KonaheadKonahead Posts: 1,476 ✭✭✭
    Agree buying and holding
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Originally posted by: Overdate

    I don't see any compelling reason to buy when just about all commodities remain in the dumpster. I'm in for the occasional one-ounce silver coin if I like the design. (Example: 2016 Australia Wedge Tailed Eagle.)




    Agreed. Would rather buy as it's rising than try to catch the freshly sharpened falling knife. There's absolutely nothing that would compel me to unless it was a collectable item that I needed for my collection. Obviously speaking about collectables. ASE's and generics are a complete after thought to me these days.



    When a "world event/financial event" happens that SHOULD cause a reaction of the value rising, it does the opposite more often than not now. There might be an upward blip for a few days, but nothing that remotely breaks the trend of the last 4+ years.



    Also agree on needing at least 3 more choices which would be:

    Buying and selling

    Only Collectable PM's

    Only Generic PM's



    I didn't vote because these options aren't an option.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • CoulportCoulport Posts: 1,087 ✭✭✭
    Originally posted by: bronco2078


    You need another choice . All of the above



    Me 3.

    The most money I made are on coins I haven't sold.

    Got quoins?
  • jmski52jmski52 Posts: 22,867 ✭✭✭✭✭
    My GSR has become skewed. I'll be buying silver.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Started buying numismatic gold (and silver) about two months ago.
  • PerryHallPerryHall Posts: 46,148 ✭✭✭✭✭
    Originally posted by: OnlyGoldIsMoney

    Buying as quickly as cash flow will permit.




    Same here. I'd be crazy not to take advantage of these fire sale prices for PM's.

    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

  • chumleychumley Posts: 2,305 ✭✭✭✭
    buying some 90% silver and small ingots that strike my fancy...usually older ones
  • johnny9434johnny9434 Posts: 28,341 ✭✭✭✭✭
    buying when the cash is there.
  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    If polls are any indications, as in the past the majority has been wrong, expect another year of disappointments.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    Originally posted by: johnny9434
    buying when the cash is there.


    Use the bank's money. Now I tell people I work for the bank. image
  • jmski52jmski52 Posts: 22,867 ✭✭✭✭✭
    If polls are any indications, as in the past the majority has been wrong, expect another year of disappointments.



    Could be...could be...



    The facts don't change, but one's perspective does.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • USMarine6USMarine6 Posts: 1,939 ✭✭✭✭✭
    All three for this guy.
  • OperationButterOperationButter Posts: 1,672 ✭✭✭
    Buying more while its trading to new lows, time is on my side.
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • bonkroodbonkrood Posts: 796 ✭✭✭
    Mostly holding, very little buying, no selling.
    image Steam Power
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Holding, some buying.... Cheers, RickO
  • yellowkidyellowkid Posts: 5,486 ✭
    I sold all my PM paper and a lot of the metal a few years ago. I've been waiting for under $1000 type prices and then I would be a buyer.
  • PRECIOUSMENTALPRECIOUSMENTAL Posts: 961 ✭✭✭✭
    Will be purchasing TPG pre-1933 gold semi-numis when the price is right.

    Made some nice buys , at the bottom, guess I was lucky, OR patient.

    Won't ever sell anything, I may do a trade, if beneficial.
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