It’s over $56.00 an ounce. Well up over $2.00 so far today. However, I have no intention of selling any of my silver holdings as I believe it will continue to rise well into next year.
I would agree. If it follows tradition, around March/April it should shoot higher. I'm thinking it'll eventually level somewhere around $65 for a few years after that based on the ten year chart. As for myself, I began buying physical rounds/bars back in the mid-2000's when it was in the 8-10 dollar range, a potion of which I sold last month. When it hits sixty I'll sell some more. The proceeds going into my mutual accounts and some stocks. This strategy should provide me with even an greater return in four years when I retire.
Prices got out of control and they shut futures trading down and blamed it on a server overheating. Never seen BS like this. The system is breaking.
Today is good, but the future it will continue to go up. Depending upon how long you’ve had, those pieces will determine what your best course of action is. For me, I’ll just keep holding.
I might sell a few, but I'm not taking less than melt. There are too many people trying to get their foot in the silver market to give it away.