should i sell

[craig12]

would it be a good idea to sell my gold to buy more silver     as the silver price hasnt risen too much  so selling the gold will prob get me 45 oz of silver

[George]

Keep your gold, and buy a smaller amount of silver, when you have ekstra money. In my opinion.

[KDave]

I can say that I personally would not be selling gold at a loss to speculate and chase potential gains in silver. I have done this in the past with other investments - sometimes it works out sometimes not. The times it doesn't you turn paper losses into real losses then compound it with more paper losses when the play doesn't go your way. When you it does go the right way happy days.

If I had made some gains in gold and wanted to diversify into silver further then I could then consider selling some gold to speculate on silver, but I am not personally going to do that. I have lots of reasons for this but they are all my own reasons. They could be totally wrong. 

This is not as helpful as I was hoping it would be sorry. No one knows what the market will do sadly. I wish I did! 

 

Edit - What George said is what I am doing. Probably the totally wrong thing to be doing though knowing my luck. 

[whitesands1]

3 hours ago, craig12 said:

would it be a good idea to sell my gold to buy more silver     as the silver price hasnt risen too much  so selling the gold will prob get me 45 oz of silver

 If you can buy and sell close to spot then a balance between the two would be something to think about.  If you have to buy with a premium then I would say no.

[George]

Well said Dave[emoji41]

[HawkHybrid]

physical bullion silver takes longer to turn a profit.

ask yourself if the time frame required can be

accommodated by the strategy you plan to pursue?

 

HH

 

[LongJohnSilver]

Dont worry about it, enjoy your life, do what your gut tells you, life's too short

[shemyaza]

Plunge Protection Mechanism is running a clinic today. Net Dania showing it clear as day. Hold and wait.

[Danny-boy]

Plunge Protection Mechanism is running a clinic today. Net Dania showing it clear as day. Hold and wait.

Can anybody translate?

[HawkHybrid]

Quote

Hold and wait

 

HH

[shemyaza]

See my Discussion post for week 9 of the CNY1m review explaining the Paper Gold into Paper Oil scenario to push up the Dow as selling Paper Gold into the Dow wasn't working.