DManzaluni
·Here's where things start to get nasty/difficult.
4 years ago bought a 14K 982M Hamilton that someone had trod on. The movement (which has that rather pretty medallion) no longer works and the case front is all bent out of shape. The back is quite hardy so is still usable. I have never had the heart to sell it for the melt value. So I have been semi-looking for a solid gold similar watch in need of a solid gold back. The chances of finding one were always a bit slight.
The question is: At what gold value does my search metamorphose into 'Sell it for the melt' along with all the non-repairable fountain pen nibs I have accumulated? $3300 / oz?
With Donald Trump in the White House for another 3 years screwing things up and with (obviously) no adult in the room to stop him, inflation WILL hit over 20% sooner or later so gold will definitely go higher, but should I start melting now and invest the proceeds in something else now?
4 years ago bought a 14K 982M Hamilton that someone had trod on. The movement (which has that rather pretty medallion) no longer works and the case front is all bent out of shape. The back is quite hardy so is still usable. I have never had the heart to sell it for the melt value. So I have been semi-looking for a solid gold similar watch in need of a solid gold back. The chances of finding one were always a bit slight.
The question is: At what gold value does my search metamorphose into 'Sell it for the melt' along with all the non-repairable fountain pen nibs I have accumulated? $3300 / oz?
With Donald Trump in the White House for another 3 years screwing things up and with (obviously) no adult in the room to stop him, inflation WILL hit over 20% sooner or later so gold will definitely go higher, but should I start melting now and invest the proceeds in something else now?