The Dollar at the Precipice

ce ^ | October 6, 2009 | Fred A. Kingery

[Atlas Sneezed]

Good time to sell or buy?

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If you have wealth tied up in precious metals, and need to spend the wealth on stuff to live, then sell what you need. if you have income in excess of your spending needs, then put your savings in precious metals as a good hedge against inflation.

If you want advice on whether to sell all your stocks and buy gold at one time, don’t look for support from me. If you want in, “average in”. If you want out, “average out.”

Don’t try to time the market.