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warcy

Gold at all-time high

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Posted (edited)

I read the news that the gold is at all-time high and I am planning to sell my gold.

 

Is this a good time to sell or do I wait a few more months?

 

Do I sell the gold in Chiang Mai or Bangkok? or the prices are the same?

 

Note that this is jewellery gold and not gold bars.

Edited by warcy

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I wouldn’t sell.  There was recently a mainstream media article telling people that NOW is a good time to sell your gold.  Do you believe them?  

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15 minutes ago, opalred said:

might sell some teeth

Good idea to replace my gold inlays and gold crowns by cheaper stuff. When they burn me they will steal it anyway. 

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3 hours ago, warcy said:

I read the news that the gold is at all-time high

Only in devalued dollar term is it at all time high, not in Thai Baht

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with the west now indulging in 'quantitative easing' as a 'cure' for a virus, after having already borrowed up to the roof,

the old folks have borrowed more money then unborn generations can ever repay,

keep it indefinitely

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9 hours ago, opalred said:

might sell some teeth

i  hope  you  tell her before  you start  ripping them out of her  mouth

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Convincingly took out the USD high this morning. Silver also popped to mid 24 and is now consolidating.. Running a little hot for my preference but brings those targets levels I mentioned much closer. 

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Bought 10 baht bars in 2006 @ about 10,250 baht. They are in a bank safety box.🤩

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