selling gold and silver

[low tide]

right now I wouldn't even think about selling your metals. Stock market is dropping (thanks Trump) and for the 1st time in quite a while Gold is dropping. Sell if you must but I'm holding ...

 

[ugadigger]

right now I wouldn't even think about selling your metals. Stock market is dropping (thanks Trump) and for the 1st time in quite a while Gold is dropping. Sell if you must but I'm holding ...

Stocks dropping is a good time to buy! I don’t think Trump is totally responsible for all the good my portfolio gained last year lol.


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[Cherry Picker]

I sell most my gold unless its something special. I send it off to ARA in Texas. I sell my Rosies, Mercs and cheap silver jewelry but keep the older stuff.

 

[KinTN]

I rarely pay attention to anyone who drags politics into the most innocent threads. Other than to chuckle at them.

I agree, if you don't need the cash, holding PMs is a good idea.

 

[dewcon]

Id sure like to sell some after doing all this sod and tree work....... but not at the price is currently at.... ouch. ARA...... i noticed they moved, said they didnt need as large a place. They also only give 95% of melt now on gold to the public...... and pay based on troy ounces..... which is about 2 1/2 grams more than a regular ounce. I dont know if troy ounce is the STANDARD pay out for all.... but if one pays in regular ounces you can see the obvious difference.

Dew

 

[waltr]

Id sure like to sell some after doing all this sod and tree work....... but not at the price is currently at.... ouch. ARA...... i noticed they moved, said they didnt need as large a place. They also only give 95% of melt now on gold to the public...... and pay based on troy ounces..... which is about 2 1/2 grams more than a regular ounce. I dont know if troy ounce is the STANDARD pay out for all.... but if one pays in regular ounces you can see the obvious difference.

Dew

Yes, Troy Ounce is the Standard unit of weight for precious metals.
31.1 gram = 1 ozt