Would you sell your Silver Bullion at $49 in 2015/6?

Guys let it be. You can doubt the $$numbers, but don't push personal info such as age, locations,etc. That gets close to cyber bulling, especially if underage.

 

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Sigh, Infractions given, I was being nice before. Don't push it.

 

The grifting incentive of a sociopath is entirely understandable, especially on any "money" website.

But I'm fascinated by the psychology of this place: how many CTers would send coins to someone they imagined to be a YN? Easy pickins here, eh?

You don't have to BE evil to see evil (where it's manifest) but what is the case for abject gullibility or denial? That mindlessness I cannot grasp.

 

I can't really give an honest answer here because there are other factors to consider when I am deciding to buy or sell an asset. Why is the price at $49? What has been the appreciation rate (ie, did it go from $20 to $49 in a week, or over 6 months?) Has there been some guerrilla war or political fiasco that has forced silver production in S America to halt therefore dwindling supply?

Ask me again with a little "scenario detailing" and you may get better answers. Right?

 

OldGoldGuy-
Yes. I was testing the target price. Maybe 'selling' bullionists only 'say' they'd sell at $49 and the real target price (average) is very different.

I assume common folks here aren't trying to flip retail bullion anymore - they should have learned their lesson by now. I saw a couple of threads on that topic.

Most silver stackers sound like commodity hoarders, actually: varying by degree. Whose posts would you suggest I watch? Thanks!

 

Since we're talking rather short term, a price of $49 or $50 would probably last a week, possibly even a day. That'd be a "spike" then it goes back down almost fast enough for many not to notice it. Just as we saw in 1980.

Long term - I can see prices actually averaging between $30-$40 an ounce, with periods over $50. And spikes even higher. I'll probably own silver until I'm into my 60's-70's, who knows what silver will do then

 

I am kind of surprised that I'm the only one to vote to have sold up - so far. I guess that although I enjoy the collecting I'm too shallow to have a great attachment!

 

If the spot price gets over $40 in 2015, I will be selling 100% of my junk silver that I've re-accumulated over the past 1 year (since silver has been dropping). Actually, I'd probably sell in increments as spot moves over $25 up to the peak (likely no more than $50, since the two modern peaks have not pushed past ~$50).

From $45-30 (in 2011 & 2012), I sold practically all of my common junk silver and ASEs I had collected/accumulated in the 1990s as a YN. I saw the large value sitting in my closet which I could use to purchase the semi-keys and keys I had always desired as a YN.

And I'd be happy to do it again.

 

A lot of people here seem to have a knack for buying at the bottom and selling at the top. I wish I could time silver or stocks like that.

 

In theory, I would sell everything, but it is likely that procrastination and possibly laziness would keep me from selling any.

 

I wouldn't sell unless I needed the cash, which is not the case now. For me silver is an insurance policy.

 

I wouldn't sell unless I needed the cash to live. Look, in 1965 in India it cost 180-rupees for an oz of gold. Today an oz of gold costs 95,000-rupees. So the way the FED is debasing the currency to the tune of trillions of dollars I barely see the difference between the dollar and the rupee! The Fed is inflating the money supply to the point where I cannot imagine why silver isn't $5,000/oz and why gold isn't $50,000/oz. John in Garrett Hill PA Radnor Twp Fed District #3: Philly

 

That's NOT true (they can't/didn't; you can't either) and I'm very sorry you've been deceived or misinformed otherwise. Sadly, the 'anonymous' function of certain websites attracts sociopathic liars or otherwise encourages that "trollish" behavior in basically unscrupulous people. (Watch out for coin grifters posing as YNs, too.)

Just because something is written on the internet doesn't make it true.

 

I know that feeling Chris! Mine is disability but just as f'd up-good luck!

 

When I lived in Bangkok in 69 gold was $30 an OUNCE...............

 

It's the same with people who gamble at casinos, they only tell you what they won and never tell you they gave it all back to the casino the same night.