Are you buying, selling or holding right now?

Selling . . doesn't mean one liquidates all at once. Metals having a good day, as the dollar index improves as well. I'm just not comfortable with current price levels. Obviously, most of you are : > ) . .

 

Log in or Sign up to hide this ad.

Back when silver was about $5 per ounce, I did some analysis on the silver market and read some of the usual studies and concluded that over the long run, the minimum price for silver would have to be about $20 per ounce based on supply and demand trends and the cost of production. I've stated this many times on Cointalk. Now that the long run has arrived, anybody who wishes to sell a little cannot be faulted for doing so, even though it looks probable that the speculators are going to take the silver price much higher before it comes back to $20. Bull markets generally last longer and go higher than anybody expects when it begins, so the eventual top might surprise everyone.

 

i am gonna sell some while its hot. most of the silver i have i got for $12-13/oz. i figure i am making some good profit. just wish i didnt sell a bunch 6 months ago when it was at $20/oz. oh well

 

You say that now about selling at $20 and you want to sell some now while it's hot at $27i'sh.... I assume if/when silver hits $35 you're going to say the samething about selling at $27! LOL!!!

 

you could be absolutely correct but i also might be kicking myself if it doesn't go any higher. i will still hold on to some of my silver. wont sell it all :thumb:

 

Only you know what's best for you. If you can do it, go for it and good luck!!!!

 

I voted sneaky as you should never ever tell anyone what you are doing with bullion.

 

Ive got some early 40's merc dimes, I cant put my self up to selling them. I know they are worth more in silver than coin value, but I hate to see old coins get melted.........

 

Sorry but these poll percentages are bugging me, based on the numbers this is what it should be...

Buying = 31.88%
Selling = 13.04%
Holding = 46.37%
Sneaky = 8.69%
----------------
99.98%

THANKS

 

Bought at a peak today, but I'm not worried, I'm in no hurry to sell. Silver still has a huge upside.

 

I`m buying/selling/trading/holding silver weekly.(I invest and collect various silver) Some weeks are better than others, but in the last couple of months I have done good.
I`m a firm believer that with a strong industrial demand, emerging demand from China, and investors flocking to the "poor man`s gold" due to the dwindling U.S. dollar......silver will surpass $35 an ounce come springtime. I`m not a follower of those that say silver will hit $200+ in few years, but I think it has a good future ahead of itself.

 

I am holding what I have and buying weekly on dips but in small amounts in the last few weeks. I am a firm believer in dollar cost averaging and feel that silver is heading for $100 and gold, well, as Buzz Lightyear says "To Infinity and Beyond!!!".

I would not buy today but if there is a strong pullback tomorrow or Friday, I will make my weekly purchase.

 

Wait....change that from hold to sell.

Yesterday took me out of my SLV position (4% trailing stop). Now I will wait and buy more physical (and another round of SLV) on the annual Thanksgiving Day dip.

 

I bought some junk silver (64 halves and some 40% halves) 2 years ago when the crisis started and sold a few weeks ago when silver rose to $25 an ounce. "It wouldn't go any higher than that" ...wrong, but you can't time the market. Sold to apmex and it was a good experience.

 

Holding and trying to buy.I dont like to buy online because of shipping charges. So then I go to a local coin and bullion shop and before I ask for some Eagles, I notice a nice (graded by by me) ms 65-66 Mercury Dime advertised as a 60-62. I think "The Merc in the type set in building is'nt very good. This one's undergraded and under priced so I'll get it and then buy on ounce or two of silver. Then I see a nice 1903 Indian Cent I also needed for a type. This event repeats until I don't have much money left. Then I remember I wanted to buy some silver.