How many have a sell price and How many are not selling at all

I was wondering how many have a sell price in mind
and how many do not plan to sell at all except in case
of emergency or astronomical high prices are reached like
$300.00 to $500.00 per ounce.

I personally have no intention to sell. The only reason I got interested in precious metals
is because of my love of the hobby of Numismatics. And everything I have is going
to my son, I am just having fun collecting.
I do feel like we are participating in history in the making and am taking the opportunity
with the current excitement in precious metals to teach my son and the younger generation in the family. About the differences in fiat currency and real money, how world events can affect us on the other side of the globe.
And that how no matter how many experts claim that there is good debt they are wrong. Debt is always bad.
The 2008 Train Wreck and the ensuing carnage got their attention on the news
and they wanted to know why we did not have as bad as others.
And the best news out of that was they learned some valuable lessons
with out having to suffer, and our Numismatic community gained another
coin nut my cousins nine year old little girl is quickly becoming a fanatic about coins
Gave her a Lincoln 1959-current Dansco and she has it a little more than half full
and is beginning to compare and upgrade coins she already has.:hail:

 

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I have sold a little and have paid for 1/2 of my investment in silver bullion.
I have sold some junk silver and need to do the math.

In all, I have sold about 17% of my silver. This is 1.5% of my total portfolio.

 

No sell price nor remorse. It will remain part of my portfolio until my children inherit it.

 

Coin collecting I consider my hobby. Any coins I own I have for my personal enjoyment not economics. Having said that, I consider junk silver, (coins, bars, etc) that I just bought for silver content to be an investment, and as such is subject to sale. I see silver is taking a major dip as we speak, but on strength again I will have to consider selling if I can get a good price. I like to have 5% minimum in PM of my portfolio, but at $50 silver I simply own too much silver value. I wish I had enough in my stock accounts to justify it, but sadly I do not.

 

It's a mistake to set a future US Dollar sell price because we don't know what the value of the dollar will be in the future. If hyperinflation does occur, then you wouldn't sell for $1 Million an ounce. A good time to sell may be when 1 ounce of Silver = 50 gallons of gas.

I would monitor the ratio of PMs to oil, real estate, and food commodities (wheat, corn, sugar, soy, etc) to identify an exit point you are comfortable with.

 

But if 1 ounce equals 50 gallons of gas, that is not representational of hyperinflation, it would be either a collapse of oil prices or a dramatic hyper rise in silver value. If today you get 12.5 gallons of gas, the same ratio should exist whatever happens to inflation, absent the two results I mention earlier. This is my disconnect with silver prices right now, yes the dollar is going down, and that shows in all commodities. Silver has simply been going up EXCLUDING the dollar decline. Silver was worth 4 gallons of gas in 1990, it was worth about 6 gallons of gas just a year or so ago. This ratio is showing you the disproportional increase in silver today, as is the lowering gold/silver ratio.

 

No sell price here. I have some bar, but mostly coin holdings in silver, and wouldn't sell it unless a serious need for money came up - then the price is the price. I plan (hope!) to pass it on to my children and theirs. And in case this is archived forever: you kids better not sell that stuff for next to nothing and waste the cash on junk and frills! You hear me? Where is the paddle?

hehehehe

 

My point is that you can't use the US Dollar price of Silver to determine an exit point or to determine if it is in a bubble. I believe that Silver has a way to go compared to other commodities before it's true supply and demad price is discovered. It will appreciate faster than inflation, as it has been doing for the last year. I believe this will continue until the mania stage of the bubble has finished. The only way to measure the real rise in Silver prices, adjusted for inflation is to compare it against other real assets, which is the point of my original post.

Owners of physical silver should hold the line if they aren't buying this dip. We are currently at the prices of last week before a very odd feeling melt up occured on light volume over a holiday weekend. Then yesterday (in one day) there was over a year's worth of silver production traded on the COMEX in paper contracts, which drove prices down. This market is being manipulated by big players in the paper market. Supply/Demand fundamentals are still strong and holders of PMs will CONTINUE to be proven right as we move forward.

 

no intention to sell ... unless the U.S. goes to a strong dollar policy ... which i dont see happening

 

Considering the reason I bought was to have wealth on the off-chance that the USD/economy took an unrecoverable turn for the worse, or that potentially a system were enacted that required certain dependencies in order to make use of standard currency - I do not plan on selling, because that would defeat the purpose of why I bought in the first place. I would only sell if something came up that I couldn't afford. Otherwise regardless of profit or lack thereof, if the status quo is sustainable it will be a gift to posterity.

 

No intention of selling. I hold a base amount of silver for protection. If I had more on top of that, I would sell. But I will never sell my "base" silver.

 

Not selling

 

I am slowly selling what little silver I have because I am young and could use the cash more then the silver. Once I get a steady income where I can afford things, I plan on getting back into it as a collector, not an investor. However I am not opposed to changing my mind in the future about the investing part.

 

I have no intention of selling. Basically all of my bullion is from roll searching or from junk coins I bought for my albums as a kid. I'm not in the hobby as an investment and I don't need the money right now. So, I'd rather just hang onto what I have.