Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Thoughts on value trends in US coins
>
Reply to Thread
Message:
<p>[QUOTE="KeyHunter, post: 8080914, member: 122558"]It's not necessarily a "fat bank account" issue but one of having more experience in or reading a fluctuating market, gauging that gut or "keeping me awake at night" feeling time to "sell now". It's like anything...the more time-in, you research and study trends the more confident your decision-making process. Case in point: earlier this year I sold various govt silver bullion, govt/private silver bars accumulated since 2013...up and down all the way. The Wall St. silver hype was raging, everyone and their grandmother was buying-like-lemmings online shill promotion to BUY BUY BUY silver betting on a collapse and to-da-moon valuation. Playing the contrarian and understanding the last CENTURY trends of silver I SOLD...granted shortly after a $30ish peak but I came out way ahead vs HOLDING, and bought physical gold to add to my small collection (not stack). I was ravaged on the Silver forums but...that's their problem. Silver has been in downtrend ever since to $22ish territory today, I no longer buy silver but fractional gold instead.Fat bank account?...we're classified lower middle class at best.[/QUOTE]</p><p><br /></p>
[QUOTE="KeyHunter, post: 8080914, member: 122558"]It's not necessarily a "fat bank account" issue but one of having more experience in or reading a fluctuating market, gauging that gut or "keeping me awake at night" feeling time to "sell now". It's like anything...the more time-in, you research and study trends the more confident your decision-making process. Case in point: earlier this year I sold various govt silver bullion, govt/private silver bars accumulated since 2013...up and down all the way. The Wall St. silver hype was raging, everyone and their grandmother was buying-like-lemmings online shill promotion to BUY BUY BUY silver betting on a collapse and to-da-moon valuation. Playing the contrarian and understanding the last CENTURY trends of silver I SOLD...granted shortly after a $30ish peak but I came out way ahead vs HOLDING, and bought physical gold to add to my small collection (not stack). I was ravaged on the Silver forums but...that's their problem. Silver has been in downtrend ever since to $22ish territory today, I no longer buy silver but fractional gold instead.Fat bank account?...we're classified lower middle class at best.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Thoughts on value trends in US coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...