Everyone have been spook with the pricing. Is it the right time to sell??? Is it the right time to buy??? I believe it is buyers market at the moment. Back up The Truck & Load The Wheelsbarrow.
it will go down after Christmas Like most years. that's my prediction. if some one is spooked by a decline in silver they have no place in this investment lol
Current AUD - USD 0.75 Ag Spot is at $31.98 , Au Spot at $2445 - AUD Ag Spot is at $24.10 , Au Spot at $1843 - USD
Don't sell real money, that is gold and silver, unless it's for something else real such as real estate. Shit is about to hit the fan within the next couple of weeks.
I wouldnt even sell metals for real estate at this time. Real estate is way overvalued and metals are under. There are better times ahead for that I think.
There is always an argument to sell metal on the rise and buy back on the dip. Timing of course is everything and the exercise is not for the faint hearted.
Depends on the metal I think. I know of a lot of people including me who have sold their silver for gold this year. All the silver I have left is proof or graded. If I'm looking for more metals exposure in 2021 it's probably in under hyped platinum.
I don't think there is such a thing as a wrong time to sell, more likely there are wrong reasons to sell. I buy and sell regardless of what the manipulated spot price is doing at the time. Sure it might be more difficult to sell at a decent profit when the prices have been smacked down such as now, but not impossible. As a matter of fact I found a good buyer for some of my bullion sovereigns at $700 unexpectedly today. This will go nicely to pay of the uncirculated sovereigns that I purchased at two recent auctions for under $650 each. The only time when it will be wrong to sell silver or gold will be when the confidence in fiat currency's collapse together with the manipulation of the precious metals, then it will be time to hold on until the metals find their true value. Until then keep trading and stacking as if your life depends on it ( one day it just might ).
Are they cutting on thermal or metallurgical coal? If thermal coal not surprising, the west has drastically cut down on thermal coal consumption in recent years, switching to NG. Does China buy NG from Australia?
Double win-- buy gold now,is still cheap -if AUD will drop your gold will go up 10%; if AUD will go up(I doubt)you will have gold instead of devalued fiat--you can't lose...