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Best time to sell gold?

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Comments

  • aroominyork
    aroominyork Posts: 3,540 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    On the advice of most people on this forum I sold up the majority of my gold in March in order to purchase stocks. Now that it looks like the stock markets have recovered although no-one knows when the economy will recover, can anyone give advice on how to determine the best time to sell the stocks I purchased?

  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    On the advice of most people on this forum I sold up the majority of my gold in March in order to purchase stocks. Now that it looks like the stock markets have recovered although no-one knows when the economy will recover, can anyone give advice on how to determine the best time to sell the stocks I purchased?

    I sense the opportunity to broker a mutually beneficial deal.... ;)
  • kinger101
    kinger101 Posts: 6,640 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 27 May 2020 at 8:00PM
    There have been a series of accounts set up with a similar name to OP's, that just post nuisance questions.  
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • Alistair31
    Alistair31 Posts: 981 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    kinger101 said:
    There have been a series of accounts set up with a similar name to OP's, that just post nuisance questions.  
    When do schools go back?
  • Vet
    Vet Posts: 182 Forumite
    Sixth Anniversary 100 Posts Combo Breaker Name Dropper

    On the advice of most people on this forum I sold up the majority of my gold in March in order to purchase stocks. Now that it looks like the stock markets have recovered although no-one knows when the economy will recover, can anyone give advice on how to determine the best time to sell the stocks I purchased?

    Within the next 30 years
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    kinger101 said:
    There have been a series of accounts set up with a similar name to OP's, that just post nuisance questions.  
    When do schools go back?
    Vet said:
    Wthin the next 30 years

  • mooneysaver
    mooneysaver Posts: 147 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Brilliant, thanks for all your advice everone! I'll check back in again after the stock market crash in Autumn.
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 30 May 2020 at 12:14PM
    OK, I'll  look forward to that then. Second Thursday in Autumn suit you..._
  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    When the leaves of the giant oak turn brown after the great deflation; hold tight. There then comes the ill wind of a great inflation; hold tight. Go to market only when the buyer of gold offers [redacted] times the price of other wares available.
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