Silver is taking off today

http://www.kitco.com/market/ we might see it move up rapidly

 

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I've got a few things ready to sell on eBay if it hits $40.

Anyone else planning on selling any silver when it reaches a certain point?

 

I'm on the fence @ $40. I have a shared investment with somebody who wants to unload at $40 but geeze.... I have a gut feeling it'll go higher.

 

Silver is a safe investment this year I believe. China and especially demand from India is driving prices up. These countries new found wealth is neting them more expendable income and they like items out of silver. And the world explosion on gold prices is driving silver up with it

 

I have about 25 ounces of bullion that I will sell when it hits $40. The rest I will hold on to. I see a lot of fluctuation in the price, so if I can sell something I bought 2 months ago at $28 for $40, I will. Then when the price goes down again, I will back on the buying end.

I don't have nearly as much as you 'whales' on here. I am just a small fish at this...

Thanks---Steve

 

i knew i should have bought those silver dollars oh well live another day

 

Hmm, must be manipulation.

 

My silver coins are already priceless not because they're silver but because they're shiny and pretty! :yes:

 

Its me. I am selling some things at coin club tomorrow (Silver) :devil:

 

hi ho silver :yes:

 

It would have to go really high for me to sell, I love all of my coins,even the "junk silver" ones.:smile I will leave the selling of them to my future grandchildren,maby by then they will really be worth some dough.

 

Rats, I bid conservatively on a couple of silver auctions last night and didn't land any of them. If I'd only known... but then others would've known, too, and the bidding would've gone higher, of course.

 

I've actually got about $7.5 face that I intend to sell today. I've got more in reserve to sell later if it keeps rising to $42+.

I may take some of the proceeds today and buy an ASE or two at another place where the pricing is relatively fixed and could allow an inexpensive way to preserve "value" I'm creating today and maybe speculate on a better return if it rises strong over $40.

 

Wake me up when silver hits $48. per ozt.

Then, I'll start getting a little bit ready to sell at $55.

 

The only time I've ever sold silver was so I could buy other different silver

I was buying at $40 just like I was at $10 and I'm not about to start selling now. Even if it gets to the multiples of hundreds I would only sell if I needed the money. If it rises then it should continue to rise, because the underlying reasons haven't changed. The only reason it isn't above $60 right now is because of relentless margin hikes, and we're not still at $30 because they lowered margins and that is the reason this move up was possible.

 

With all the markups and buyer/seller costs, why would you do that? Silver is silver, right? Selling low-markup silver to buy high-markup silver on the same day confuses me.

 

Because I can get a better buy price ($3 over spot versus $5) and the sell price is much better on an ASE than junk (ASE - 2% spot discount versus 12% spot discount).

Or I might forgo purchasing silver and use the money to buy some nice undervalued Liberty, Buffalo or Jefferson nickels (my favorite series).

 

No plans to sell...

 

Up 4%, wow.

I won't sell my roll-searching finds until it eclipses $50 and stays over $50. That'll give me enough to cover a '21-D in 65FB.

 

I'd say this is the point where you would want to start considering the silver quarter proof set again. It's ~$41 and the mint doesn't add a premium for credit card and they have extremely low charges for shipping. The mint is often slow to reprice it.

True believers in silver should be stocking up on this very liquid and collectible form of silver.

I will also add that the mint usually does an excellent job with these proofs.