It’s amazing how no matter how high Gold goes, people are spending money advertising their desire to sell it every day. Why don’t they just keep it?
“Our analysts are predicting a huge jump in gold. So please buy our gold.”
Either their analysts are wrong, or their gold is ridiculously overpriced.
Probably because they are a BUSINESS.
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I ask the same thing. If inflation is ruining the $ and these people have the GOLD why are they selling their gold for soon to be worthless $?
I have hear it is just gold certificates and not physical gold. Have to watch real gold now. Some of it is gold plated tungsten.
Why don’t they just keep it?
Sell high buy low repeat.
It will drop once Trumps Tariff plans are settled it’s not far away countries are doing a lets make a deal now.
They seem like such nice people, willing to trade me their precious gold for my soon to be worthless dollars!
Now I'm not averse to holding gold. In fact, we converted a substantial amount of our retirement savings into a Gold IRA, in an effort to diversify our total wealth. That is the IRA we plan to draw on when the stocks are in decline, so that we can give them time to recover.
But a lot of these gold hawkers adversiting online or on talk radio seem a little shady to me. I would question the purity of the gold you receive from them. Maybe others can share their experience.