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<p>[QUOTE="Miko W, post: 1946286, member: 68055"]I know that in recent years silver had a pretty significant, but short-lived, spike in value. When PMs (gold or silver) shoot up in price like that, it seems like it would be hard to capitalize on because only idiots buy during a price spike, especially with something as volatile as metals.</p><p><br /></p><p>Do coin shops and places like Apmex stop buying during those events? I know you can always find buyers on eBay, but that's not exactly like going to Fidelity.com and hitting the "Sell" button on your stocks.</p><p><br /></p><p>Probably a simple question, I just have not been paying attention in the past and have no experience with it.</p><p><br /></p><p><i>(I know that metals are a hedge and insurance, not a speculative investment. But if you are holding, and it spikes in price, then why not sell out and buy back in later?)</i>[/QUOTE]</p><p><br /></p>
[QUOTE="Miko W, post: 1946286, member: 68055"]I know that in recent years silver had a pretty significant, but short-lived, spike in value. When PMs (gold or silver) shoot up in price like that, it seems like it would be hard to capitalize on because only idiots buy during a price spike, especially with something as volatile as metals. Do coin shops and places like Apmex stop buying during those events? I know you can always find buyers on eBay, but that's not exactly like going to Fidelity.com and hitting the "Sell" button on your stocks. Probably a simple question, I just have not been paying attention in the past and have no experience with it. [I](I know that metals are a hedge and insurance, not a speculative investment. But if you are holding, and it spikes in price, then why not sell out and buy back in later?)[/I][/QUOTE]
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