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<p>[QUOTE="fools_gold, post: 921700, member: 20669"]Thank you for your analysis. You are correct in that, waiting to sell at the peak will drive you nuts, as well as the fact that no one knows what the top will be.</p><p><br /></p><p>It's the same thing I say about buyers who wait for price drops before they buy. Once it drops, they think it will drop further, eventually they just never buy because the prices goes back up. You can say the same thing about selling at the top.</p><p><br /></p><p>I've luckily bought all of my PM's last year when silver and gold were a little cheaper, not MUCH but enough that if I sold now, I would take zero loss with some profits.</p><p><br /></p><p>Personally, I don't know yet when I would feel comfortable in selling my PM's, I'm still in the waiting game, however, I'm very much happy with what I'm seeing lately in PM prices. They are holding their own. When they dip, they come back up.</p><p><br /></p><p>For silver, I think I'm ready to let some go if it hits very close to $20...in fact, I was going to sell yesterday when at one point, silver was $18.60.</p><p><br /></p><p>If you think gold will come down to $800 or in that range, then what are your thoughts on silver? You say it will go to $34 which would be lovely, but do you think it will dip along with gold?[/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 921700, member: 20669"]Thank you for your analysis. You are correct in that, waiting to sell at the peak will drive you nuts, as well as the fact that no one knows what the top will be. It's the same thing I say about buyers who wait for price drops before they buy. Once it drops, they think it will drop further, eventually they just never buy because the prices goes back up. You can say the same thing about selling at the top. I've luckily bought all of my PM's last year when silver and gold were a little cheaper, not MUCH but enough that if I sold now, I would take zero loss with some profits. Personally, I don't know yet when I would feel comfortable in selling my PM's, I'm still in the waiting game, however, I'm very much happy with what I'm seeing lately in PM prices. They are holding their own. When they dip, they come back up. For silver, I think I'm ready to let some go if it hits very close to $20...in fact, I was going to sell yesterday when at one point, silver was $18.60. If you think gold will come down to $800 or in that range, then what are your thoughts on silver? You say it will go to $34 which would be lovely, but do you think it will dip along with gold?[/QUOTE]
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