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What would the spot price of silver have to go to in order to profit from selling?
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<p>[QUOTE="desertgem, post: 3186219, member: 15199"]One thing that also should be mentioned, but is usually not even considered is that since none know their economical or personal future is their 'vow' to never sell their silver until it is over the positive return level from purchase...To never sell at a loss. But for some reason they may accept a loss in business ventures, stocks or options, sports betting, personal loans, lotteries, etc. as part of life. One member a long time ago mentioned that for a home purchase, he took out a larger loan @ a high range ( 6.5+ % then for 30 years ) than sell his personal gold/silver holdings ( investment) @ a 2% loss from his purchase total-including prems. If a person can't see the financial error in that, they are either mathematically challenged, extremely over confident, or a hoarder. If it is a part of your investment portfolio, treat it as one.If it is a part of 'You" , that's ok too, just recognize the fact its not an investment as such, as you will probably never part with it. </p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 3186219, member: 15199"]One thing that also should be mentioned, but is usually not even considered is that since none know their economical or personal future is their 'vow' to never sell their silver until it is over the positive return level from purchase...To never sell at a loss. But for some reason they may accept a loss in business ventures, stocks or options, sports betting, personal loans, lotteries, etc. as part of life. One member a long time ago mentioned that for a home purchase, he took out a larger loan @ a high range ( 6.5+ % then for 30 years ) than sell his personal gold/silver holdings ( investment) @ a 2% loss from his purchase total-including prems. If a person can't see the financial error in that, they are either mathematically challenged, extremely over confident, or a hoarder. If it is a part of your investment portfolio, treat it as one.If it is a part of 'You" , that's ok too, just recognize the fact its not an investment as such, as you will probably never part with it. Jim[/QUOTE]
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