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Marthe48

(23,840 posts)

8. I have a question

Reply to LuckyCharms (Original post)

Wed Oct 8, 2025, 10:37 AM

Oct 2025

People buy precious metals and hang on to them, never selling if they don't have to. Are there any good times to sell, or just hang on in case the dollar loses all value? And how would a precious metal economy work?

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LuckyCharms Wednesdays

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Gold ask is at $4,046 per ounce as I type this. All time high. n/t [View all] LuckyCharms Oct 2025 OP

I am going to load up my truck and cash in, doc03 Oct 2025 #1

I'm not sure of your age... LuckyCharms Oct 2025 #3

Wow doc03 Oct 2025 #27

I had started a little dollar-cost averaging program... MaeScott Oct 2025 #2

Seems like a lot of investors are fleeing to a perceived safe haven LuckyCharms Oct 2025 #4

China and India are buying LOTS of gold RazorbackExpat Oct 2025 #12

Most people never heard of it on the way up. usonian Oct 2025 #5

Because the dollar is in the toilet Johonny Oct 2025 #6

Buy High! Never Sell! MineralMan Oct 2025 #7

Or, if you think think it won't go higher... LuckyCharms Oct 2025 #9

I have always given all of my investments in gold MineralMan Oct 2025 #11

I like silver, both for it's silver value, and numismatic value. LuckyCharms Oct 2025 #14

I have a question Marthe48 Oct 2025 #8

Marthe... LuckyCharms Oct 2025 #10

I don't invest in it Marthe48 Oct 2025 #13

Personally? I would only sell it as a last resort. LuckyCharms Oct 2025 #15

I suspect that the elite rich want to scarf up as much of the precious metals as they can Marthe48 Oct 2025 #17

Make sure you don't sell your toilet paper! LuckyCharms Oct 2025 #19

You mean it doesn't say Marthe48 Oct 2025 #22

LMAO! LuckyCharms Oct 2025 #23

"...the elite rich want to scarf up as much of the precious metals as they can..." Wednesdays Oct 2025 #24

Thanks! Marthe48 Oct 2025 #25

I bought my first gold coin in 1968, RazorbackExpat Oct 2025 #16

I bought a one ounce Englehard silver bar at a Syracuse coin shop LuckyCharms Oct 2025 #20

Goldfinger will be happy SocialDemocrat61 Oct 2025 #18

This message was self-deleted by its author PeaceWave Oct 2025 #21

Silver ._. Oct 2025 #26

Precious metals go up when the economy or doc03 Oct 2025 #28

Clearly a bubble. Gonna sell my gold - and my tulip bulbs! yellowcanine Oct 2025 #29

Not necessarily if the fucker in the oval office... LuckyCharms Oct 2025 #30