Monday, November 22, 2010

Is This a Good Time to Sell my Gold and Silver?




TAKE THE MONEY AND RUN!

Why? No one, except God, has the crystal ball to reveal when the current all time high metal prices will collapse. It is said commodity prices take the steps slowly going up, and suddenly,when least expected, take the elevator down leaving most surprised folks "holding the bag". Odds of a timely, optimal sale are not in the average person's favor.  Only one in thirteen people who trade commodities do so successfully. 


According to the Wikipedia, here is an overview of what’s been happening with gold and silver prices:

Year
Silver price
(yearly avg.)
US$/ozt
Gold price
(yearly avg.)
US$/ozt
Gold/silver
ratio
1840
1.29
20
15.5
1900
0.64
20
31.9
1920
0.65
20
31.6
1940
0.34
33
97.3
1960
0.91
35
38.6
1970
1.63
35
22.0
1980
16.39
612
37.4
1990
4.06
383
94.3
2000
4.95
279
56.4
2005
7.31
444
60.8
2009
14.67
972
66.3
2010 (thru October 13)
24.38
1379
56.6

Here is the BIG PICTURE graphically of where the price of Gold is relative to inflation.



Current gold prices are at all time highs… ahead of inflation...


Click on image either above or below to open a new tab and calculate the effect of inflation (indirect taxation without representation) has had since 1913 on the purchasing power of the U.S. Dollar.



Now indeed may be a good time to sell! Especially to buy other things one may need at a relative bargain... Not too long ago around 2005 Gold was trading below $300 and Silver below $4.00 an ounce.
What goes up will come down... 


Keep in mind silver and gold prices are illusory. Like the stock market, what one thinks they may have can vanish in a flash. Precious metals are commodities... not money in the bank. Prices are volatile, and subject to change. Fear, greed, speculation, manipulation is what rules the marketplace... and on sobering occasion as sanity sets in -- a proper price adjustment is made based on the reality of supply and demand…

So, if you sense “the time is right!” -- Do the right thing! For the sake of Homeland Security do some prospecting around the house.  Become a patriot!  Join the “GREEN PARTY” Recycle what is salvageable! Rehabilitate what can be mended! And resell what is no longer of interest. Put America's Recovery to work! Begin your stimulating Holiday cashing in story -- and your cheerful shopping spree around town – by doing business with us.

At Silver Gold Buyers we are on GREEN ALERT!  Here to help you go for the GREEN! Simply click on the link below to set the wheels of commerce in motion. 


All the information you need to conduct a safe, secure and satisfactory transaction is conveniently placed right at your fingertips. Ship the goods! ...with confidence -- all shipments are processed the day they arrive; payment authorized within 24 hrs. Your satisfaction: 100% guaranteed.

To be cheerfully continued at Silver Gold Buyers


Copyright © 2010 Silver Gold Buyers


1 comment:

  1. There is no need to worry for the Silver and Gold Buyers as well as the Sellers. Because it’s a record history since every gold decades that every exchange market is setting an best example to see the rise of the dollar$ or any other currency value. Bar graphs are just the illusions and spreads the emotional finance mind into a number of divert directions.
    Gold and Silver Buyers

    ReplyDelete