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PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 11:03 am
by Market Harmony
Without going into the details too much, here's my plan:

When gold=DOW, sell gold, buy stocks
When 500oz of silver = median house price, sell silver, buy real estate.

Thoughts, suggestions, your own plans?

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 11:26 am
by Slaphot
This is a great question. (Gold = Dow) sell gold and buy stocks! Here is a video by Mike Maloney.

http://www.youtube.com/watch?gl=US&hl=e ... E7QcVN5tC8

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 12:20 pm
by NHsorter
When Gold=Dow, sell gold & buy more ammo.

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 12:34 pm
by barrytrot
So the question: Will Gold ever equal Dow?

So if it doesn't then you will never invest in the stock market?

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 12:59 pm
by Market Harmony
This is where I didn't go into the details... I'm currently invested in the stock market, I'll always be invested, but that investment will grow when gold=dow. If it never happens, then no biggie, I'll just have to compromise on the actual ratio. I've got time, and I've got skin in both games, so it's not like an immediate thing for me.

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 4:59 pm
by Delawhere Jack
NHsorter wrote:When Gold=Dow, sell gold & buy more ammo.



When 20oz silver=Colt HBAR contact NHSorter about a possible trade. :D

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 5:01 pm
by Delawhere Jack
When prime interest rate gets back around 4.0-4.5%, I'll very seriously consider liquidating SOME pms.

Edit: Assuming that interest rates do not jump by orders of magnitude over a few days or hours.

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 5:07 pm
by Rodebaugh
Sell my gold?

NO thanks.

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 5:30 pm
by Mossy
"Sell out"? Nope. "Sell the last"? When I have to.

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 5:55 pm
by Sheikh_yer_Bu'Tay
Market Harmony wrote:Without going into the details too much, here's my plan:

When gold=DOW, sell gold, buy stocks
When 500oz of silver = median house price, sell silver, buy real estate.

Thoughts, suggestions, your own plans?

That is pretty much my plan. I don't have a specific target. When there is a reason to sell, as in I can create more wealth/ better my life by selling... that is when I will do it.

That could be a very long way off, or it could happen very fast. I don't know.

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 7:36 pm
by theo
I think we are all assuming that there will continue to to be an in tact stock market. I believe you need a stable currency to maintain functional capital markets. A crashing dollar would make it very difficult to correctly value investment options. I hope I'm wrong but I think its very possible that investing (along with most other economic activity) will be local at least for a while. In other words I might be buying an interest in a local farm rather than 100 shares in GE.

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 7:50 pm
by Thogey
There is no trigger point for Thogey. It will all depend on the circumstance I decide to sell based on my situation. Maybe a profit, maybe a loss. Maybe I'll pass it on.

A man makes plans and God laughs

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 8:04 pm
by tractorman
I know very, very little about the markets. Is the gold vs dow match an "indicator"? Just a hunch? It seems to me that the only reason to sell gold to buy stocks would be on a bet that the economy will turn around. Serious question ... why does this happen at the point where the price of gold equals the dow?

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 8:21 pm
by Corsair
Isn't asking, "When are you going to sell your PMs?" similar to asking, "When are you going to stop learning?"

I hope to do neither of the above any time soon. Figure I might hold on to my silver, oh, fifty years, see what happens?

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 9:03 pm
by barrytrot
theo wrote:I think we are all assuming that there will continue to to be an in tact stock market. I believe you need a stable currency to maintain functional capital markets. A crashing dollar would make it very difficult to correctly value investment options. I hope I'm wrong but I think its very possible that investing (along with most other economic activity) will be local at least for a while. In other words I might be buying an interest in a local farm rather than 100 shares in GE.


There has been a stock mark for many years with varying currencies it was traded on.

Even right now you can buy and sell US Stocks in several different currencies.

The stock market will stay around long after the US-Dollar goes away.


Remember "stock equals shares in a company".

Companies do things like:
- Mine for gold
- Sell guns
- Sell doomsday bunkers
- Lots of other things.


There will be a lot of companies doing very well if the economy starts imploding. And, of course, some that will do poorly. My investment in a manufacturer of "Ivory back scratchers" is not doing too well lately :)

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 11:14 pm
by justj2k78
I don't have an "exit plan", but I do have a "reset button". When the time comes that my PM stash can pay off my mortgage, I will sell and settle my largest debt. Then, I will begin again. At this point in time, there is about a $100,000 difference between the two - so you're all stuck with me! :lol:

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 11:26 pm
by HPMBTT
Market,

This is an interesting question that you have posted. I have often had similar thoughts.

At 500/oz Ag x $31 (approx present spot price), that's only presently a value of $15,500 FRN's. The last time I checked, even in a very rural location in the Midwest or Northwest, even a very basic house with less than an acre of land and no extras or luxuries will still cost around $35,000-$50,000. And in a normal area, the average house price is currently around $90-$130K.

So...I have to ask...am I missing something here? Silver prices would have to at least double (to $62/oz), in order for you to buy a house valued at just $30K. Do you really expect housing prices to drop another 50-70% or for silver spot price to double? What time frame are you looking at?

Re: PM's... when would you sell out?

PostPosted: Fri Oct 21, 2011 11:31 pm
by HPMBTT
Delawhere Jack wrote:When prime interest rate gets back around 4.0-4.5%, I'll very seriously consider liquidating SOME pms.

Edit: Assuming that interest rates do not jump by orders of magnitude over a few days or hours.


Ah, yes...I remember the days of making 4-5% in online savings accounts (emigrantdirect, anyone?)..not that long ago either! (2005-2007). Well, we can pretty much forget about that, until at least mid-2013 (per the latest statement from the FED)....

Re: PM's... when would you sell out?

PostPosted: Sat Oct 22, 2011 12:33 am
by neilgin1
when it takes a wheelbarrow full of FRN's to buy a loaf of bread....then i buy the bakery.

Re: PM's... when would you sell out?

PostPosted: Sat Oct 22, 2011 1:10 am
by TwoAndAHalfCents
Market Harmony wrote:Without going into the details too much, here's my plan:

When gold=DOW, sell gold, buy stocks
When 500oz of silver = median house price, sell silver, buy real estate.

Thoughts, suggestions, your own plans?


So a huge run-up in silver and further tanking in residential real estate gets you there

500oz of silver @ $200/Oz --> 1 house at $100,000

Re: PM's... when would you sell out?

PostPosted: Sat Oct 22, 2011 3:50 am
by Treetop
You guys got it all wrong. im saving mine up for the coming werewolf apocalypse. Ive been casting my own ammo, and have several silver inlayed machetes....
The gold I am saving to give the annuaki, set to arrive any time on planet X. Read up on it. they enslaved humanity in the past to mine gold for their atmosphere. I figure an ounce per family member should keep me in good graces. :lol:

Re: PM's... when would you sell out?

PostPosted: Sat Oct 22, 2011 5:36 am
by Market Harmony
Notice that my plan is NOT to be in dollars. I am trading one asset for another. Don't fool yourself into thinking that gold is perfect forever. It's good now, and has been for 10 years. But, there will come a time when, in relation to gold or silver, another asset becomes cheap... as cheap as gold was at $300, or silver at $4

Buy low, sell high folks.

Re: PM's... when would you sell out?

PostPosted: Sat Oct 22, 2011 10:26 am
by rexmerdinus
when 500 oz silver = home price, I might just sell and pay off my own house...but silver would have to be $400/oz, so that's gonna be a while!

Re: PM's... when would you sell out?

PostPosted: Sat Oct 22, 2011 10:51 am
by theo
barrytrot wrote:
theo wrote:I think we are all assuming that there will continue to to be an in tact stock market. I believe you need a stable currency to maintain functional capital markets. A crashing dollar would make it very difficult to correctly value investment options. I hope I'm wrong but I think its very possible that investing (along with most other economic activity) will be local at least for a while. In other words I might be buying an interest in a local farm rather than 100 shares in GE.


There has been a stock mark for many years with varying currencies it was traded on.

Even right now you can buy and sell US Stocks in several different currencies.

The stock market will stay around long after the US-Dollar goes away.


Remember "stock equals shares in a company".

Companies do things like:
- Mine for gold
- Sell guns
- Sell doomsday bunkers
- Lots of other things.


There will be a lot of companies doing very well if the economy starts imploding. And, of course, some that will do poorly. My investment in a manufacturer of "Ivory back scratchers" is not doing too well lately :)


Barry,

I hope you are right, but I have my doubts. A collapse in the dollar will be unprecedented and would most-likely take the other fiat currencies with it. So then what will be the measure of value? Gold and silver? Perhaps, but that system may take time to set up and then gain the confidence of investors. I fear that the national and international economies will be too unstable to support efficient capital markets on a large scale. As you say there will be going concerns that provide investment opportunities, but they will be local.

Re: PM's... when would you sell out?

PostPosted: Sat Oct 22, 2011 7:06 pm
by Diggin4copper
I had a great plan.. with the run up over the past 5 yrs, I sold a portion and bought a boat. (fill in the rest) :lol: