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Gold $1,020.00, Silver $21.00 can it be?.
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<p>[QUOTE="COIN STASHER, post: 346069, member: 773"]If you still ask $12.50 per oz., I predict you'll move that silver really quick!! :smile LOL!! </p><p> </p><p>Seriously, I have actually sold silver and gold on ebay closer to my asking price than any other items. You may actually be surprised at how quickly it moves even at a higher price, because some folks just won't buy until they're "convinced" (mostly by dealer hype" that prices are on the rise! Then, the doomsayer "BEARS" seem to frighten some folks at the first sign of a price decrease! Consequently, much to often, their BUYING experiences seem to indicate a distinct pattern of BUY HIGH and SELL LOW!! </p><p> </p><p>Successful investors hardly ever panic, even when prices go down; nor do they usually celebrate when prices go up. They just have a plan and follow it through, i.e., they enter a new fiscal year with their own buy-sell high and low price strategies obtained from precious metal consultants, and buy constantly throughout that fiscal year, so long as the price remains above their expected bottom, and ONLY SELL (profit-take) when the price hits their predicted HIGH. In other words, they try to leverage their investments during a fiscal year, and hope to come out ahead at year's end. When one is investing thousands, maybe millions, and they've obtained sound advice, they almost always make a profit. Most such people will tell you that there's really no fool-proof formula, but having done their homework (research) and listened to their knowledgeable advisors, they greatly enhance the prospects of profitable ventures in all of their precious metal undertakings. They also have a very, very diverse portfolio in which they hold many different types of precious metals- some of gold, silver, platinum, palladium, copper, and others. On a much smaller basis, I try to emulate their philosophies! One major problem, besides cash, which keeps me from completely following their plans is this: I LOVE TO <b>COLLECT </b>COINS IN PRECIOUS METALS, SO IF I LIKE THE COIN, I USUALLY BUY IT, AND <b>ALMOST NEVER SELL IT!!</b></p><p> </p><p>Oh well, as a numismatist, I'll probably never be a rich investor, but I enjoy this hobby and it never becomes stressful, and I never lose any sleep wondering what tomorrow's price will do to my portfolio value!! To be able to make money whenever I decide to sell would be great, but never as great as the wonderful, joyous and exciting times I spend <b>ENJOYING JUST PURE OLD COLLECTING!!</b>[/QUOTE]</p><p><br /></p>
[QUOTE="COIN STASHER, post: 346069, member: 773"]If you still ask $12.50 per oz., I predict you'll move that silver really quick!! :smile LOL!! Seriously, I have actually sold silver and gold on ebay closer to my asking price than any other items. You may actually be surprised at how quickly it moves even at a higher price, because some folks just won't buy until they're "convinced" (mostly by dealer hype" that prices are on the rise! Then, the doomsayer "BEARS" seem to frighten some folks at the first sign of a price decrease! Consequently, much to often, their BUYING experiences seem to indicate a distinct pattern of BUY HIGH and SELL LOW!! Successful investors hardly ever panic, even when prices go down; nor do they usually celebrate when prices go up. They just have a plan and follow it through, i.e., they enter a new fiscal year with their own buy-sell high and low price strategies obtained from precious metal consultants, and buy constantly throughout that fiscal year, so long as the price remains above their expected bottom, and ONLY SELL (profit-take) when the price hits their predicted HIGH. In other words, they try to leverage their investments during a fiscal year, and hope to come out ahead at year's end. When one is investing thousands, maybe millions, and they've obtained sound advice, they almost always make a profit. Most such people will tell you that there's really no fool-proof formula, but having done their homework (research) and listened to their knowledgeable advisors, they greatly enhance the prospects of profitable ventures in all of their precious metal undertakings. They also have a very, very diverse portfolio in which they hold many different types of precious metals- some of gold, silver, platinum, palladium, copper, and others. On a much smaller basis, I try to emulate their philosophies! One major problem, besides cash, which keeps me from completely following their plans is this: I LOVE TO [B]COLLECT [/B]COINS IN PRECIOUS METALS, SO IF I LIKE THE COIN, I USUALLY BUY IT, AND [B]ALMOST NEVER SELL IT!![/B] Oh well, as a numismatist, I'll probably never be a rich investor, but I enjoy this hobby and it never becomes stressful, and I never lose any sleep wondering what tomorrow's price will do to my portfolio value!! To be able to make money whenever I decide to sell would be great, but never as great as the wonderful, joyous and exciting times I spend [B]ENJOYING JUST PURE OLD COLLECTING!![/B][/QUOTE]
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Gold $1,020.00, Silver $21.00 can it be?.
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