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Message:: [QUOTE="medoraman, post: 6183359, member: 26302"]Well, I have been looking at the silver market for maybe 40 plus years at this point. One thing I learned, its usually NEVER "to the moon" and usually goes up when economic turbulence hits. Would I liquidate all pm at a price point? Probably not, but if silver or gold or PT got really crazy I might sell my position in those metals. I was around here when silver spiked in 2011-2012. Tons of people, no longer here, were showing how silver was going to $120 an ounce, and shouting down us "old idiots" who objected. I sidestep buying when its crazy, but add to the pile when its reasonable. This is a contra asset for me, so its balancing out my stocks and other assets. Therefore, I have pretty firm hands, usually never selling, but could be convinced for a price. It would also depend on the economic outlook at the time. I was telling people here a few years ago it was a great time to buy. Prices lowish, premiums low, and no competition. Most new PM people weren't interested then. I am not a fan of "whenever you are interested buy as much as you can" since most people AREN'T interested until after prices and premiums already up. Buy when its boring.[/QUOTE]