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Old 05-16-2006, 07:19 AM
delkulara delkulara is offline
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Aloha vickyx

I can only give you my opinion,please follow your heart
and avoid people who TELL YOU to follow there advise exactly as what to do in your individual situation.

1.IMO do not sell it off at todays rate,for this feeds the fatcats that are manipulating the system,as they attempt to correct the gold markets.
There attempt IMO shall be short lived.

2.IMO Be very careful putting this thought stream anywhere but last on your list.

3.IMO gold price can and shall go down a bit more,then continue its normal momentum upward.
a.)As populations increase gold mining does not keep up with the jewelery & coinage demand at the same rates
b.) the use in electronic devices shall only increase demand even more as third world countries enter the computer age.
c.)Nano gold is also on the horizon,a whole new demand is created from its magical properties as a catylist.
d.)Even medicine use sits on the horizon,it has uses in cancer treatments currently being studied further & not yet available.

You seem to be looking for short term investment returns.
Gold IMO is not something to buy and sell quickly.IMO be patient & wait until the gold price goes back up to where your original purchase price is exceded by the percentage you seek profit wise.Then at that time sell some and place some in savings(bank) or some other form of stocks bonds or ventures.
It was not wise to place all of your eggs in one basket,but do not panic that you did not sell at its latest high point.
Gold price shall go back up this is the only fact that is a given.
Be patent and & think of you current situation as a picnic(middle of the day)
not a panic(end of all days).

Peace aloha & prosperity to you.
__________________
Behold
A wise man does not need to be told
or be bold to know
to keep & hold the oldest of metals,
foldable while cold.
The metal called gold.
In so many fascinating forms & molds it is sold.
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