Buy Sell Hold

[AgAuGal]

Au and Ag are at new highs, cking the metal strength from GIM perspective


Waiting for the rug pull so the ones lateet to this ride get schooled by the deep pocket boyz as typically happens. All the pumpers telling the public to get on (like Crammer) and then the new ones get discouraged. It has happened before, will it happen again or is 'this really it'

[JayDubya]

Every single one of us has heard "buy low, sell high". It's a basic tenet of investing. So, it's not surprising that people would be at least somewhat tenative when considering buying, not just gold, but ANYTHING that is at an all time high. Silver is experiencing 30 year highs and the same apprehension applies in that case as well.

Now, one has to decide for themselves whether or not the future holds even higher highs for these two metals. Thats where everyone should apply another tenet of the investing world and do your own due diligence (DYODD).

Even though I believe even better days are coming for AU & AG long term, I, for one, am in a holding pattern right now.

[AgAuGal]

Every single one of us has heard "buy low, sell high". It's a basic tenet of investing. So, it's not surprising that people would be at least somewhat tenative when considering buying, not just gold, but ANYTHING that is at an all time high. Silver is experiencing 30 year highs and the same apprehension applies in that case as well.

Now, one has to decide for themselves whether or not the future holds even higher highs for these two metals. Thats where everyone should apply another tenet of the investing world and do your own due diligence (DYODD).

Even though I believe even better days are coming for AU & AG long term, I, for one, am in a holding pattern right now.

Nicely expressed JayDub. I let go of some ozs over the last couple of weeks (you're all welcome) just cause, even though I expected higher prices now that they are here I'm kind of stunned w/ unbelief (an emotions vs logic thingy).

[jogslvr]

Normally, I wouldn't be a buyer at these levels but new limited offerings by the US Mint will cause be to be a buyer of AGE proofs on Friday. Low mintage should sell out fairly quickly, especially since dealers will be trying to buy them all and there is no limit.

[AgAuGal]

I'm kicking myself for not pulling the trigger on the new Lunars a week ago, had them in the cart but wa waiting for a pulling back that would last longer than an 'hour'. Like those rabbits, a bit disappointed in the Kook though

[5150female]

We are in this for the real long haul so slow and steady wins the PM race for us. Just keep buying regardless of highs versus lows and dollar cost average right in. No crystal ball required and no concern about Peaks or Plunks. Just keep buyin' and holdin' baby.

[earplugs]

I'm kicking myself for not pulling the trigger on the new Lunars a week ago, had them in the cart but wa waiting for a pulling back that would last longer than an 'hour'. Like those rabbits, a bit disappointed in the Kook though

What's wrong? Don't like koala's doing the bang-she-bang-bang?

[coopersmith]

I dont see a problem with taking some profit and then holding the frn for a pullback. Hoard expansion tactic as it were.........

[MISRy]

No choice for ratio trading. With ratio at 59:1 +/- I've cashed in my last bit of 70:1. Other than that, holding.

[rodzm]

Ive been selling to finance gold buying, so yes Im doing limited trading right now. Im focusing more on 1/4 oz gold, i think it will be very important to hold 1/4 oz gold coins for when the $600 law kicks in.

[AgAuGal]

What's wrong? Don't like koala's doing the bang-she-bang-bang?

this years Koala is so pitiful did not even make worth a mentiion

[AgAuGal]

saw a 1/10 Krug going for $135 today at a show, don't see Krug fracs much., SOVs for $320 and Ag $22-24 (rounds/bars)

[andial]

For traders my total guess is sell early next week, buy back in two weeks. Physical is a hold, not worth the hassle on a $1.50 drop.

[ME Co.]

Looks like I'm in a holding pattern, not enough 40% to sell outright and everything else is waiting on the ratio one way or the other- too scared to get out of physical. HH all, Mark

[Cornelius]

Ive been selling to finance gold buying, so yes Im doing limited trading right now. Im focusing more on 1/4 oz gold, i think it will be very important to hold 1/4 oz gold coins for when the $600 law kicks in.

Actually, I agree with you more, than you do. Same theory, but I believe you should consider 1/10th oz coins and save the "repeat" cycle, a few years from now.

[rodzm]

Actually, I agree with you more, than you do. Same theory, but I believe you should consider 1/10th oz coins and save the "repeat" cycle, a few years from now.
I could picture it...1099s for sales in excess of $100

[Haole]

I'm buying another CAD$20K worth of 1oz PAMPs tomorrow, the paper price is irrelevant to me. Holding and buying here...

[Farp]

My response wasn't available: Back up the truck and add while you can, and while inventory is available--on the way to the lake.

(The lake could be the same as the SDB)

[AgAuGal]

looks like GIMers are bulish on PMs - not really surprised

[AgAuGal]

My response wasn't available: Back up the truck and add while you can, and while inventory is available--on the way to the lake.

Farp, there is a 'back up the truck' option just w/o th 'lake' option, trying to avoid liabilities

[chris_is_here]

Focus on the long-term fundamentals and ignore the price....right now, and for the forseeable future, there is absolutely no fundamental reason to sell a core holding of precious metals........ignore the media talking heads that tell us that we are at the tail end of the "bull market"......bull/bear markets do not exist of their own accord, they depend on fundamentals....the idiot analysts cannot seem to grasp this...they blab on and on about the strength of the $ vs every other **** currency, as if that matters....nations are in a monetary race to the bottom, to see who can de-value their currencies the fastest - they are all worthless.

[Farp]

SilverGoldGal: Yes, but it has the "sitting on the sidelines" thingy prior to backing it up--ain't been sitting, LOL.

[cpthnsolo]

Actually, I agree with you more, than you do. Same theory, but I believe you should consider 1/10th oz coins and save the "repeat" cycle, a few years from now.

Agreed :D. Aside from a few of the spouses, at this point I'm just looking for 1/10 Au...

[skyvike]

Buy.

Buy cheap if you can.

But buy!

And never sell.

[Thornapple]

I've got a sneaking gut feeling that we're going to see a dip maybe this fall/winter in the metal market which will be a good time to buy up anything extra. I think the market will tank sometime soon as things collapse because of the failed stimulus policy, which will temporarily drag the metals down with it. Then starting next year I think prices will skyrocket when the gov responds by printing even more money purposely creating inflation to prop up the market. That's my bet. So if there's a dip soon I plan to buy, then after that I'm holding till we hit strato prices. I'm not selling anything under either condition.

(Note this is not investment recommendation for anyone. And no one should ever listen to me. :D )

[NotTheOne]

Buy a few ozs before rocket takes off

Having voted that way, I still plan to sell some silver I bought when it was that high the last time. The "buy a few oz" refers to gold. More portable, easier to hide.

[Irons]

Adding gold for the long haul. I can't even use the word sell in the same sentence as gold.

[Irons]

Ive been selling to finance gold buying, so yes Im doing limited trading right now. Im focusing more on 1/4 oz gold, i think it will be very important to hold 1/4 oz gold coins for when the $600 law kicks in.

Keep your eyes open for Brit Sovereigns too, they are just a hair under 1/4 oz and tend to go for just over spot.
You're Welcome, I'm here to help!:36_1_11:

[<===Foolsgold]

If we are talking about physical gold and silver I can understand the rational for trading in and out. It cost about 3%-5% premium to buy in and another 3%-5% to get out.

If you want to play the ponies go to the racetrack.
If you want to trade gold and silver use paper derivitives.

[MISRy]

I can't even use the word sell in the same sentence as gold.

You just did.:aetsch:

I'm just sayin'... :burnout: