I have never sold any of my gold but if we get a really deep draw down. Say below 50k, I might be inclined to sell a little to buy even more bitcoin.
I still have a few Maple Leafs and sovs I may dump myself.
reply
I won’t sell it all but a couple ounces just to spite Peter Schiff. Haha
reply
Tomorrow my territory rents are due. If the price is in the 40s I might buy one.
reply
Let’s see what these etf buyers are made of tomorrow. They held up pretty well when bitcoin dipped on the German gov selling but the market was doing well. Whole different ball game if the market is crashing.
reply
There will be a huge exodus in bitcoin tomorrow. They will all have to sell because of the bitcoin price, right?
reply
This is what I am interested in seeing. Are etf holders going to get spooked and sell or buy the dip.
reply
They dont have a choice, right? The etf will sell because the price has gone down? I see the people in etfs as having weak hands.
reply
The etf will only sell if the shareholders sell. It is not a forced seller due to the weekend price action.