I'll Sell When Gold Hits $1750

Got no wife ,,, kids gone ,,
It's just me ,,, and I've been looking forward to this shit ,,,,

 

Gold is $4969 per oz., and silver is $97 per oz.!

 

Silver is now $99.66 per oz.!

 

Gold is $4999.20 and Silver is 103.91! If I sold, I'd make a bundle, but then I'd be stuck with fiat currency. I'll have to think about buying more but I'll regret not buying when the prices go higher.

 

I'd only sell if you had an immediate need for the cash like buying property, paying down bills.
It may go back down to 50-60. You could sell now and have the cash to buy more when it drops.
Kind of a crapshoot. I'm eying doing a sliver to gold conversion considering the ratio is under 50:1 for the first time in a long time.

Could it stay up here at over 100. Maybe, but seriously, it looks like a meme stock/coin ala 2020. The market has a way to extract the most money from retail buyers at the worst time. And, i've been the victim of that a time or two too many.

 

Was just going to post prices ,,, Gold is over 5 gran an ounce right now ,, silver still hovering that 103 range .
I'm not a very good gambler ,, otherwise ,, at these prices ,, I'd be a millionaire,,, cause I'd have been buying more gold and silver in my younger years .

 

Selling during a near all time high and buying back in during a crash out isn't gambling.

 

Yeah I do that. With silver in 2020 then with ammo in 2021 and now with silver and platinum again.

 

In 1980, Silver was $80/oz, before it crashed back to $10/oz/ (Hunt brothers)

$80 then is equal to $333.25 in Dec, 2025.

We got a ways to go before it gets as 'bad' as 1980.

 

Never dealt with any precious metals till '83,, paid 9 bucks an ounce for a few bars just for souvenirs from a deployment. Mostly just bought it to give to my parents as a gift.
Then never followed the prices till maybe 20 yrs ago.

 

I though silver only made it to $50 per oz. back in the 1980s when the Hunt Bros. tried to corner the market on silver.

 

A bit of $80, the FedGov stepped in and silver was just over $10 a day later.

Just like when the FedGov decided to help with insurance - up over $2500 the 1st year. Big insurance companies just love this shit.

 

I finally broke down and sold a tiny bit of gold. Got 95% of spot at my local coin shop. To da moon!! LOL

 

Bought 2 sleeves (50 coins) @ spot .
I'll unload and move it to AU @ 230.xx /Toz

 

Gold is DOWN to less than $5000 per oz. and silver is below $85 per oz.! Will it keep going down or will it go back up? Nobody knows! TXKajun good for you!  Sloth, too bad! 

 

Well, Silver it went from nearly 120 down to 85 today. Pretty painful for those that bought in the past couple of weeks or so.

 

I won't be buying till it gets back to 30-40 bucks an Oz,,, or till it levels off and stays there for a few weeks,,

 

For 2 months silver went up, up, up! It's gonna take more than a few weeks to convince people that prices have stabilized. I would have hated to have bought any silver or gold in the last week or two. The last silver that I bought was in November for $52 per oz. I usually buy every Spring when I have a little extra money coming in, but I was beginning to have doubts about purchasing any the year. Still kinda on the fence.

 

The last I bought was less than 30 an Oz,,, bought 15 z's ,,, I'm not in a hurry to buy more ,, but if it gets back down around that range,, I'll pick up as much as I can ,, while I can .

 

Buy now on the crash !! only going to go back up.


Sloth