anglox_b
Member
Hi all, hoping I can get some advice. I bought Gold about a decade ago before I left Oz, and basically have just let it sit for the last 10 years. I have been in europe all this time and am currently in the process of finishing a bolt hole in one of the med countries. I need to free up some cash to finish the project. My options as I see it are:
1. leave Gold as is and take out a small loan
2. Liquidate some Gold use the capital I need.
3. Liquidate all Gold, use the capital I need but then rebuy more Gold over here ( in pound sterling) with what is left . I initially got in when gold was 900 dollars ( us) /ounce so don't really want to sell given what I think the situation will be a few years from now. But I also figure that the pog is still relatively low for the moment.
My question is : what would you do?
1. leave Gold as is and take out a small loan
2. Liquidate some Gold use the capital I need.
3. Liquidate all Gold, use the capital I need but then rebuy more Gold over here ( in pound sterling) with what is left . I initially got in when gold was 900 dollars ( us) /ounce so don't really want to sell given what I think the situation will be a few years from now. But I also figure that the pog is still relatively low for the moment.
My question is : what would you do?
