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<blockquote data-quote="Maddog" data-source="post: 474170" data-attributes="member: 5355">Good question.&nbsp; Personally, I am holding for now.I was fortunate to accumulate a lot of silver back when it was in the teens/ounce.The largest gold purchase I did was at $1740/ounce.&nbsp; I was scared at the time.&nbsp; In hindsight I wish I had done 10x the amount.&nbsp; Appreciate that there are tax implications with a sale.&nbsp; That is a taxable gain/loss.&nbsp; To consider, if you bequest the gold/silver in your will, there is a new value for taxing (for the recipient) - the value of the gold/silver at the time of the bequest.&nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Appreciate that if you give the gold/silver away while you are living, the recipient is on the hook for the original purchased price of the asset NOT the value at the time of gifting.The above is what I gleam from googling it.&nbsp; Hopefully that all is correct.&nbsp; Perhaps do your homework too.&lt;&gt;&lt;&gt;&gt;&lt;&gt;&lt;&gt;&lt;&gt;IF silver goes through the roof like some predict, I may sell a large portion of my silver and then put the proceeds directly into gold.&nbsp; Not sure on that.&nbsp; ?My thoughts is that silver may have a greater chance of higher, percentage appreciation.&nbsp; Driven by industrial/manufacturing uses.If gold becomes the new backing for fiscal &quot;money&quot; it may blow away the silver gains.&nbsp; With current internet rumblings, it appears this has a high probability of happening too.&nbsp; I wouldn't be shocked at all.Time will tell.Short term I don't feel there is much risk in a major price correction.&nbsp; ??&nbsp; Perhaps I am wrong.I wish they could/would curtail the price manipulation that is going on.&nbsp; And has been, for years.&lt;&gt;&lt;&gt;&lt;&gt;&gt;&lt;&gt;If the Fed does the expected December rate cut, don't you too see the price of silver heading north of $60/ounce?&lt;&gt;&lt;&gt;&lt;Diversify.&nbsp; &nbsp;&nbsp; : )Since I sold all my gold stocks a couple of months ago, I have been &quot;day trading&quot; when I see trends.&nbsp; That is going &quot;okay&quot;.To me, the gold stocks are not such a hot commodity as they were in the first half of the year.&nbsp; That was easy money.</blockquote>

[QUOTE="Maddog, post: 474170, member: 5355"] Good question. Personally, I am holding for now. I was fortunate to accumulate a lot of silver back when it was in the teens/ounce. The largest gold purchase I did was at $1740/ounce. I was scared at the time. In hindsight I wish I had done 10x the amount. Appreciate that there are tax implications with a sale. That is a taxable gain/loss. To consider, if you bequest the gold/silver in your will, there is a new value for taxing (for the recipient) - the value of the gold/silver at the time of the bequest. Appreciate that if you give the gold/silver away while you are living, the recipient is on the hook for the original purchased price of the asset NOT the value at the time of gifting. The above is what I gleam from googling it. Hopefully that all is correct. Perhaps do your homework too. <><>><><><> IF silver goes through the roof like some predict, I may sell a large portion of my silver and then put the proceeds directly into gold. Not sure on that. ? My thoughts is that silver may have a greater chance of higher, percentage appreciation. Driven by industrial/manufacturing uses. If gold becomes the new backing for fiscal "money" it may blow away the silver gains. With current internet rumblings, it appears this has a high probability of happening too. I wouldn't be shocked at all. Time will tell. Short term I don't feel there is much risk in a major price correction. ?? Perhaps I am wrong. I wish they could/would curtail the price manipulation that is going on. And has been, for years. <><><>><> If the Fed does the expected December rate cut, don't you too see the price of silver heading north of $60/ounce? <><>< Diversify. : ) Since I sold all my gold stocks a couple of months ago, I have been "day trading" when I see trends. That is going "okay". To me, the gold stocks are not such a hot commodity as they were in the first half of the year. That was easy money. [/QUOTE]

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