Selling Gold in Houston

If you’re planning to sell gold in Houston, you might wait to see how the Ukraine situation plays out. Explosive geopolitical events are always a good thing for the price of gold. Explosions, both political and actual always make for big spikes in gold prices.

This morning, there are reports that armed men of unknown (but presumably Russian) origin have taken over the parliament building in the Crimean region and have raised the Russian flag. This has occurred only hours after opposition leaders announced the newest governmental positions in the city’s capital square yesterday in Kiev. Vladimir Putin is taking no chances, so Russian military jets were ordered to emergency standby…

Russian jets on standby? Could things get any better for gold? You might as well just say that you’ve decided to bet your entire retirement on gold. It’s that much of a sure thing. Gold will go up whenever a country with a record like Russia’s (and its shirtless, white steed riding dictator) starts putting jets on emergency standby. Because the best time to acquire gold is during periods of relative calm and the best time to sell it is when the sh_t is hitting the proverbially Ukrainian fan. Turdfaniska, comrade.

For those of you scoring at home, it’s about to be a good time to sell gold. The turds are flying and the fan is on high…the question is simply how many turds will hit the fan and where…and in trading terms, what kind of jump will gold make and how high will gold go…

This situation bears watching as the price you receive from your gold sales may be better if things really start to unravel over there. Big explosions in the Ukrainian capital mean big jumps in the price of gold. So if you’re thinking about selling, watch for the turds, flying towards the fan – errr, I mean, watch for the Russian jets flying toward the Ukrainian capital’s parliamentary buildings…

Gold will follow the jets if they get airborne… both will take a little ride.