Everyone who has been waiting can now buy gold!
Posted: Wed Mar 22, 2017 3:09 pm
I just sold a bunch and will be paying off my mortgage, so it is almost certain to skyrocket!
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Everyone who has been waiting can now buy gold!
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Re: Everyone who has been waiting can now buy gold!
Posted: Wed Mar 22, 2017 3:52 pm
yet deep down inside you want it to crater...
Re: Everyone who has been waiting can now buy gold!
Posted: Wed Mar 22, 2017 7:17 pm
Hardly. I still have 50% or so in gold.
Re: Everyone who has been waiting can now buy gold!
Posted: Wed Mar 22, 2017 7:26 pm
Good.
Thought you were getting soft on us.
Thought you were getting soft on us.
Re: Everyone who has been waiting can now buy gold!
Posted: Wed Mar 22, 2017 7:49 pm
I just wish we could pay each other in gold & silver. It's no fun converting into that dirty cotton and linen first.
Re: Everyone who has been waiting can now buy gold!
Posted: Thu Mar 23, 2017 10:24 am
Gold for bricks is a good trade. Congrats on paying off the mortgage!
Re: Everyone who has been waiting can now buy gold!
Posted: Thu Mar 23, 2017 11:04 am
Hah! You overestimate your super powers in the universe. I just added some UGLD to my VP PP which defeats your selling power and guarantees it will go down.Libertarian666 wrote:I just sold a bunch and will be paying off my mortgage, so it is almost certain to skyrocket!
Re: Everyone who has been waiting can now buy gold!
Posted: Thu Mar 23, 2017 12:22 pm
After holding through a 30 year slump, and buying more in 1999, not very likely!buddtholomew wrote:Good.
Thought you were getting soft on us.
Re: Everyone who has been waiting can now buy gold!
Posted: Thu Mar 23, 2017 2:50 pm
It just occurred to me that I could actually pay off my mortgage by selling gold. Unlike you I would probably have to sell ALL of it, but at least I'm at a point that I could do it if I had to.Libertarian666 wrote:I just sold a bunch and will be paying off my mortgage, so it is almost certain to skyrocket!
(Think I'll hang on to the mortgage for now but it was a nice thought).
Re: Everyone who has been waiting can now buy gold!
Posted: Thu Mar 23, 2017 5:30 pm
I bought my house in 1998, so waiting this long to pay off my mortgage has definitely reduced the amount of gold needed to pay it off!farjean2 wrote:It just occurred to me that I could actually pay off my mortgage by selling gold. Unlike you I would probably have to sell ALL of it, but at least I'm at a point that I could do it if I had to.Libertarian666 wrote:I just sold a bunch and will be paying off my mortgage, so it is almost certain to skyrocket!
(Think I'll hang on to the mortgage for now but it was a nice thought).
Re: Everyone who has been waiting can now buy gold!
Posted: Fri Mar 24, 2017 12:55 pm
I wonder, how well does gold have to do to make past gold purchases worthwhile?
For those who bought in to the S&P at 2000 (the year, not the value), things looked pretty dismal around 2010, with a net gain of zero. But things have really picked up since then.
I first got into gold in 2010 but bought more in the early Tens at a higher price. It would be a big relief if I could just break even, but it would be silly to just sell everything off at breakeven. It would be like selling my S&P shares in 2010.
Libertarian666 obviously bought in earlier. I wonder, for most of us to rebalance at 35%, does gold have to triple? Quadruple?
For those who bought in to the S&P at 2000 (the year, not the value), things looked pretty dismal around 2010, with a net gain of zero. But things have really picked up since then.
I first got into gold in 2010 but bought more in the early Tens at a higher price. It would be a big relief if I could just break even, but it would be silly to just sell everything off at breakeven. It would be like selling my S&P shares in 2010.
Libertarian666 obviously bought in earlier. I wonder, for most of us to rebalance at 35%, does gold have to triple? Quadruple?