Posted by: nepalkochoro2008 November 11, 2011
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do you have investment in actual gold or in gold backed securities? Once the Europe crisis is over, people will start looking more into US issues. Currently US issues are just masked my EU issues.
I would say up until Jan 2012, the market will rally up and therefore, Gold going little down. When Q4 results start coming, then its going to be a roller coaster ride, ups and downs.
Its a matter of your decision, if you can make money after paying comissions fees, then it might be a good idea to sell. If not, keep it long term. Remember if your sell and make profit, then you got to pay taxes on your profits. So do the math. Just my view. I could be completely wrong.
I would say up until Jan 2012, the market will rally up and therefore, Gold going little down. When Q4 results start coming, then its going to be a roller coaster ride, ups and downs.
Its a matter of your decision, if you can make money after paying comissions fees, then it might be a good idea to sell. If not, keep it long term. Remember if your sell and make profit, then you got to pay taxes on your profits. So do the math. Just my view. I could be completely wrong.