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Next step silver - over $20.00
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<p>[QUOTE="krispy, post: 764808, member: 19065"]I very much agree with Cloudsweeper's 'do nothing' sentiment.</p><p><br /></p><p>What then at $25? At that point it still only matters to me if I <u>must</u> sell at <u>that</u> time. Otherwise, I simply wish to keep holding PMs and know they hold their value around the world whether one currency collapses or another takes the place of the former or anything else brings us to silver at $25. Inflation won't go away and I'm not on a mission to fight it by buying PMs, but there's a satisfaction in the value that I know I have in PMs if it ever were necessary to cash out or convert to something else. I don't really like the hassle of cashing out and waiting/hoping to buy back physical bullion again with market ups and downs. Investing in an ETF is more convenient for that activity. Also, it depends on the ratio of silver to gold because I do prefer unloading the bulk of saved up physical silver bullion for gold if/when factors align in my favor. I simply prefer to buy and hold and enjoy watching what the prices do from day to day.</p><p><br /></p><p>Ratios published 12/18/09 on Kitco: </p><p>Gold/Silver 64.41</p><p>Gold/Platinum 0.78[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 764808, member: 19065"]I very much agree with Cloudsweeper's 'do nothing' sentiment. What then at $25? At that point it still only matters to me if I [U]must[/U] sell at [U]that[/U] time. Otherwise, I simply wish to keep holding PMs and know they hold their value around the world whether one currency collapses or another takes the place of the former or anything else brings us to silver at $25. Inflation won't go away and I'm not on a mission to fight it by buying PMs, but there's a satisfaction in the value that I know I have in PMs if it ever were necessary to cash out or convert to something else. I don't really like the hassle of cashing out and waiting/hoping to buy back physical bullion again with market ups and downs. Investing in an ETF is more convenient for that activity. Also, it depends on the ratio of silver to gold because I do prefer unloading the bulk of saved up physical silver bullion for gold if/when factors align in my favor. I simply prefer to buy and hold and enjoy watching what the prices do from day to day. Ratios published 12/18/09 on Kitco: Gold/Silver 64.41 Gold/Platinum 0.78[/QUOTE]
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Next step silver - over $20.00
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