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<p>[QUOTE="susannyny, post: 1274473, member: 31977"]As for me, I have no emotional attachment to my bullion, be it the ASEs or otherwise. They are purchased purely for investment purposes which is why I seek the lowest premiums. Same for my junk silver, which I've been typically able to pick up for under spot. I'm a firm believer that in my lifetime Silver will hit $100/ounce. </p><p><br /></p><p>Others may argue this point and I'm not really looking to get in to a debate on where the market is heading <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I'm simply mentioning this because my goal is to a minimum % of profit on my silver purchases. It's a personal goal (number) that I set for myself.</p><p><br /></p><p>Should Silver hit $70/ounce, I'll sell off 75% of my collection. The remaining 25% will be sold off if Silver does indeed hit the $100/ounce mark. Obviously, there are scenarios that may force me to sell sooner, but none that I foresee.</p><p><br /></p><p>Most of the Silver I've obtained has been picked up for < $35 ounce. The exception is a few Englehard pieces. I'll continue to accumulate Silver at that price point.</p><p><br /></p><p>IMO, where investors and collectors part ways is when there's an emotional attachment to an item. I absolutely have that attachment to my Gold pieces and it's difficult for me to visualize a time where I would choose to sell off these coins (note, they're actual coins and not gold ASEs). However, I may change my mind when Gold hits $5,000/ounce <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Susan[/QUOTE]</p><p><br /></p>
[QUOTE="susannyny, post: 1274473, member: 31977"]As for me, I have no emotional attachment to my bullion, be it the ASEs or otherwise. They are purchased purely for investment purposes which is why I seek the lowest premiums. Same for my junk silver, which I've been typically able to pick up for under spot. I'm a firm believer that in my lifetime Silver will hit $100/ounce. Others may argue this point and I'm not really looking to get in to a debate on where the market is heading :) I'm simply mentioning this because my goal is to a minimum % of profit on my silver purchases. It's a personal goal (number) that I set for myself. Should Silver hit $70/ounce, I'll sell off 75% of my collection. The remaining 25% will be sold off if Silver does indeed hit the $100/ounce mark. Obviously, there are scenarios that may force me to sell sooner, but none that I foresee. Most of the Silver I've obtained has been picked up for < $35 ounce. The exception is a few Englehard pieces. I'll continue to accumulate Silver at that price point. IMO, where investors and collectors part ways is when there's an emotional attachment to an item. I absolutely have that attachment to my Gold pieces and it's difficult for me to visualize a time where I would choose to sell off these coins (note, they're actual coins and not gold ASEs). However, I may change my mind when Gold hits $5,000/ounce ;) Susan[/QUOTE]
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