If you HAD to sell one or the other right now....

Discussion in 'Bullion Investing' started by AdamL, Apr 30, 2023.

  1. Mr Roots

    Mr Roots Underneath The Bridge

    What you paid for it or if you are underwater or not is irrelevant to this question….what matters is where you think the metal is heading…..I believe in both metals equally, maybe slightly leaning towards silver.

    For me the answer is silver, simply because it would be the easiest to replace…I can buy back a few ounces of silver every week but it’s rare nowadays that I have enough money to buy much more than a 1/10 or 1/4 ounce of gold, I probably would never be able to replace my ounce size pieces of gold.
     
    AdamL, -jeffB and psuman08 like this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. slackaction1

    slackaction1 Supporter! Supporter

    ASE for me....purchased at low twenties sold for 29 to 30.00 a piece. Didn't lose anything but didn't gain much either. It was easy to sell the ASE too. It seems to me the silver rounds is where I have a hard time getting my money back or make anything. maybe I bought them to high, hanging on to the gold not selling any of it or any more silver either.
     
    AdamL and fretboard like this.
  4. fretboard

    fretboard Defender of Old Coinage!

    My Silver would have to go as I don't have much attachment to it and honestly in comparison to gold, there's no comparison! :D
     
    Joel Turner and AdamL like this.
  5. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Absolutely the silver. My floor is bowed under the weight of the stuff.
     
    AdamL likes this.
  6. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Silver,so I can buy something that has true history and around 200+ years old,I'm on the hunt for a pillar dollar,saving up.This is what i purchased from a silver dump pay-out not to long ago and I don't regret one bit having it instead.Only have a few pieces of gold so the choice was obvious. Screenshot_20221223-195623_Photos.jpg Screenshot_20221223-195612_Photos.jpg
     
    imrich and Randy Abercrombie like this.
  7. AdamL

    AdamL Well-Known Member

    Very nice!
    The pillar dollar is one of the few non-US coins on my want-list currently.
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Demand is always key to price, if it’s
    something commonly available of
    course your price will be less, I’m Military
    payment I have several one of a kinds
    so people are always after me to sell
    at that point money talks..LOL
     
  9. rte

    rte Well-Known Member

    I totally understand.
    When people ask about an old pour vintage bar that I have, I usually ask what their pain threshold is before I tell them what I would like for it :D
     
    mpcusa likes this.
  10. slackaction1

    slackaction1 Supporter! Supporter

    [​IMG]
    mpcusa
    You're the well known SILVER BASHER AND ALWAYS HAVE BEEN.. SOME OF THE TIME Silver out performs gold and then you have not thrown your bit coin in the mix your slipping. Go get a happy meal with that worthless silver.
     
    green18 and mpcusa like this.
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    BTC around here is like a dirty word very
    Tabo ( LOL ) as far as silver goes still
    have a little left have a nice set of Chin
    Woos that I have collected over the years
    which I will probably keep for the next
    20 years.

    1 OZ of Silver $24.50

    1 cheeseburger happy meal $6.50
    a dollar less with out the toy !
     
    slackaction1 likes this.
  12. bob1929

    bob1929 New Member

    If you really have to sell something, sell the gold. it's been irrationally high for the past few years, at it's peak, and silver is cheap / undervalued. Same as platinum.
     
  13. bob1929

    bob1929 New Member

    I'm certain they'll take that gold right to the pawn shop, convert it to fiat and make their car payment for a month. I woulda kept the silver. If they gonna try to sell, they need to work for it.
     
  14. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Not knowing where to sell certainly doesn’t help.
     
    -jeffB likes this.
  15. Jeffjay

    Jeffjay Well-Known Member

    When something is worth twice what I paid for it, I sell it.
     
  16. -jeffB

    -jeffB Greshams LEO Supporter

    I learned that lesson with the first Apple stock I bought -- sold it a year or so later, doubled my money. Bought 50 shares for $1020 in 2001, sold 'em for $1245 in 2002. Bought 70 more for $1275 in 2003, sold those in 2004 for $2300. A winner was I!

    If I'd kept them, they'd have split 56-for-1, and would be worth just about $1.2M today. (Not counting the dividends they'd have been paying since 2012.)
     
    masterswimmer likes this.
  17. masterswimmer

    masterswimmer A Caretaker, can't take it with me


    I hear ya buddy. My current avg dollar cost for my AAPL is $14.25/shr.
    I was literally saying to myself no more than 1/2 hour ago while looking at the portfolio, 'that's one stock I'll NEVER sell'.

    Rollin' Rollin' Rollin'.......
     
  18. Jeffjay

    Jeffjay Well-Known Member

    Doubtful gold and silver will perform like that.
     
    -jeffB likes this.
  19. -jeffB

    -jeffB Greshams LEO Supporter

    The only way that would happen is if the eventual real room-temperature superconductor needs one or the other (technically very unlikely). Or, of course, if the dollar devalues 500-fold -- but then you don't have a "well-performing investment", you've got "a commodity that decays more slowly than the currency in which it's priced".
     
    AdamL likes this.
Draft saved Draft deleted

Share This Page