all 100 ounce bars will be gone within days, page-54

  1. 3,451 Posts.
    lightbulb Created with Sketch. 191
    "Very easy in a bull market to think you are smart, but every bull market ends at some point.What is your exit plan? I feel many precious metal buyers are just holding on till the world monetary system collapses!"

    I think we'll find that the savvy investors driving this bull market in precious metals will be the ones who drive it back down again. Listening to the guys who manage allocated bullion on behalf of clients (Kingworld News, Financial Sense interviews etc), all have admitted to selling some bullion into price spikes. James Turk recently said his clients with $1.5 billion worth of gold in London, Zurich, and HK vaults stand ready to sell in several years time. Don't expect a postcard from Sprott and co before they begin selling either. Yep, it's important to have an exit plan... so we're not left whinging about manipulation in the next bear market.

    Rowingboat
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.