TheLittleRoo
DIS Veteran
- Joined
- Apr 3, 2006
- Messages
- 1,448
Well, I have my stuff ready to go to GoldFellow, but I'm contemplating holding onto it for another little while since the prices have dropped. How likely is it for prices to go back up?
I figure it's like stocks... yes, it might go up a bit more, but then again, it might go down. If the price of gold is still relatively high (even at $800, that's pretty good) the difference to your quote of $100/oz for 24K gold will only net out to maybe $40 for an ounce? Far better to sell at $800-$1000 than wait and see gold prices start to drop back to where they've always historically been.
Just my $.02 worth! This coming from someone who didn't sell her stock when it hit a 52 wk high of $63/share, and now it's at $43! Heck, I should've sold at $50!