Tradefair & Financials
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01 Apr 10
21:41
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Date Joined:
12 Jan 02
i was advised to buy gold stock during 1999-2002. should i sell them now just incase the price crashes if them nasty tories get in or keep them and hope the price goes up after the election. i could make one hefty profit if i sold them now as i invested well over 200k back then. any advice from you financial forum boys would be handy.
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Replies: 19
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presuming u paid about £250/oz back then and its £730 now i guess u would make about £380k profit. minus 20% tax = about £300k. nice!!
if u want to spend £300k on a nice house now then why not cash it in - u cant take it with you! however i cant see any way going forward that sterling will increase in value relative to gold |
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p.s. thinly veiled 'didnt i do well' fred
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sell half of it and put into natural gas & bank stocks.
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200k and you want advise on a forum mmmmmmm let me see SELL
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Why don't you ask 'Our Great Leader'.......immaculate record in selling gold at the bottom of the market.
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i suppose u bought loads at the same time as it was obviously 'the bottom of the market'??? mug ^^^^^
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No. I did a fuller answer on the politics thread.
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It seems that you may have bought it on the cheap off clueless one-eyed Gordon.
I think you should give it back gratis as the old dear didn't know what he was doing. |
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Why would you sell now after waiting 10 years to be right and, more importantly, just when things are getting very interesting ?
Many pundits are saying that this is the right time to be out of paper assets and into commodities, energy etc. Don't lose your nerve, unless you of course have an alternative use or need for your money. |
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The old adage is that record highs mean something important has changed, and it could go anywhere.
Put a stop in below major support and hope to get something spectacular. |
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Bobby George or Dale Winton should offer you a good price ;)
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how much is a gram of gold now please??
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depends who u buy it off!! about £23 spot price
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did you sell your gold? its gone up a fair bit since the original post.
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If its physical/bullion keep it.
http://www.huffingtonpost.com/nathan-lewis/its-ponzimonium-in-the-go_b_519893.html If its not flog it and buy bullion |
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http://www.zerohedge.com/
Theres nothing in the vaults. Any at Fort Knox?? |
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not sold it yet. i'm thinling of buying a property abroad. i'm off to lanzarote in a few weeks just to see wots on offer out there and wot the surrounding area is like.
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sell when everyone is buying, buy when everyone is selling
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er....you need a seller to have a buyer
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