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In between jobs and need $$$.....
Spartacus
Member Posts: 14,415
I closed down my clinic due to fears of Obamacare and the inability to come up with the $40,000 needed to implement electronic medical records system. The FED, in it's infinite wisdom will charge a penalty via decreased reimbursements if you don't have EMR and an electronic prescription system. I still owe $37,000 on the loan used to open the clinic 3 yrs ago (7 year loan at 7%!).
put the house up for sale and relocated to a smaller town that promised me the world to practice medicine there. After 3 months I realized they could not deliver on their promises.
so I resigned.
last 3 weeks I've been traveling to interviews. Have received some "we want you here" notices, but no formal contracts.
So, here's the point of the thread:
I need to sell some things and I'm torn between unloading some gold/silver vs some guns.
I'm talking about $10,000 either way, to pay upcoming bills.
think I can sell the metals faster and at market, easier than the guns, but some of the guns could bring a lot individually.
everything would be sold on GB with minimum bids and buy now option.
what say you?
thanks
tom
put the house up for sale and relocated to a smaller town that promised me the world to practice medicine there. After 3 months I realized they could not deliver on their promises.
so I resigned.
last 3 weeks I've been traveling to interviews. Have received some "we want you here" notices, but no formal contracts.
So, here's the point of the thread:
I need to sell some things and I'm torn between unloading some gold/silver vs some guns.
I'm talking about $10,000 either way, to pay upcoming bills.
think I can sell the metals faster and at market, easier than the guns, but some of the guns could bring a lot individually.
everything would be sold on GB with minimum bids and buy now option.
what say you?
thanks
tom
Comments
but, the upside of the metals is greater than the gun, jmho.
and selling the metals would cause a whole rethinking of my SHTF plans.
tom
Perhaps you need to be thinking about today where real problems exist for you right now and temporarily set aside future hypotheticals.
Bottom line, if you don't survive long enough for the s to htf, then whatever preparations you made become irrelevant.
I understand what you're saying, but the SHTF stuff is so inbred in me now.....been at it a long time.
the house i'm trying to sell is set up to run off the grid, completely, for 8 months.
It's not a fancy place, but it's self sufficient and very defensible.
tom
Don't empty any of your baskets.
Guns, silver, and gold are all good investments.
Some of the guns, some of the silver, and some of the gold may not be the best to have in some situations.
Pick and choose.
With the metals, some are more widely known and trusted than others.
I don't even want to discuss what guns to sell...............
Too sad........
I need a tissue
[:D]
Gotta sell the metal
never sell a gun unless you are using that money to buy another gun.
Get your 10k in cash.
If you whittle that to 5k, start losing the guns.
And look for a renter for the house.
You aren't in a net worth crisis. You need to manage liquidity better.
Today 10K would run my household for a year........
Think about cuts, more cuts and then cut some more, 10K will then just fall out of the sky, it is the way God works.
My 02. I am on your team! [:D]
Put the guns up for sale while you have time to do so, you can sale the metal at any time if you get in a real pinch.
Yeah, my initial thoughts were to sell the gold first, then the silver.
but, the upside of the metals is greater than the gun, jmho.
and selling the metals would cause a whole rethinking of my SHTF plans.
tom
I buy gold at spot. What do you have?
as i said, the total sale would be $10K. That would allow me some breathing room on upcoming payments.
If I sell guns, they would become of my "collectibles", not my SHTF guns.
I'm still leaning towards selling some gold. It would be a high end barter if the economy crashed. silver would probably be the day to day 'currency"
plus, I bought most of the gold before the recent surge, while my cost average for silver might actually result in a loss.
Boomerang, I have a mix of bullion and coins. would sell off the bullion first.
1/10 oz to 1 ounce PAMP would go first.
tell me how much you want and i'll post an auction/buy now for you.
tom
Wal Mart is always hiring. I used wal mart to keep the bills paid till I found something better. If it does not pay enough maybe you will only have to sell half what you intend to now?
For me it was all about keeping my stuff and keeping myself from dipping into my savings and it worked.
Mean while dump the metal. Sell the matal for the fast cash.
Put the irons up for what you need to get out. The slow pay out.
That's what I have been saying for a long time.
what use is gold,silver or any precious metal
after society completely breaks down.
The barter system would be in place-food,clothing ,ammo-
guns-fuel ,items like that.
Prolly the only people who will not notice too
much is the homeless living under a bridge.
While I can be no help in the monetary dept., I do have an ear if you need anything.
Move here, you'd be turning down more appointments than you can take.
Sell the Gold - No "Slippage" there, FFL and Shipping Fees, etc.
"Never do wrong to make a friend----or to keep one".....Robert E. Lee
$1450 x 6 days a week x 52 weeks = a whole lotta dinero.
Isa 2:20 KJV - In that day a man shall cast his idols of silver, and his idols of gold, which they made [each one] for himself to worship, to the moles and to the bats;
Isa 30:22 KJV - Ye shall defile also the covering of thy graven images of silver, and the ornament of thy molten images of gold: thou shalt cast them away as a menstruous cloth; thou shalt say unto it, Get thee hence.
Isa 31:7 KJV - For in that day every man shall cast away his idols of silver, and his idols of gold, which your own hands have made unto you [for] a sin.
And fiery auto crashes
Some will die in hot pursuit
While sifting through my ashes
Some will fall in love with life
And drink it from a fountain
That is pouring like an avalanche
Coming down the mountain
And fiery auto crashes
Some will die in hot pursuit
While sifting through my ashes
Some will fall in love with life
And drink it from a fountain
That is pouring like an avalanche
Coming down the mountain
Gold is SO HIGH....I would have a hard time parting with it if I had bought in at a lower rate. You know I'm here if you need me for the guns. I wish I could help more.
isnt the whole idea of investing to buy low and sell high? if you have trouble selling things when there value is high that you bough when the price was low, im baffled at how you've managed to stay in business...
unless the above was a typo...
quote:Originally posted by Locust Fork
Gold is SO HIGH....I would have a hard time parting with it if I had bought in at a lower rate. You know I'm here if you need me for the guns. I wish I could help more.
isnt the whole idea of investing to buy low and sell high? if you have trouble selling things when there value is high that you bough when the price was low, im baffled at how you've managed to stay in business...
unless the above was a typo...
I'm guessing you do not understand the whole term of buying in at a lower rate and selling when things are through the roof.....that IS the whole idea behind investing in ANYTHING.....
went to the old house to clean out the safe I left there. (it had rained for three days prior to the move and the bobcat sunk in the mud when i tried to lift the safe out).
anyway, was pleasantly surprised to find guns and metals/coins I forgot I had![:p]
I'll start a new thread and list some things that I'm willing to put on the auction side if there's any interest.
thanks
again
tom