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<p>[QUOTE="Rhino89, post: 1158640, member: 21773"]I decided to sell a 1/3 of my silver after it blew past $40/oz. It bothers me seeing the price heat up so fast, a $1+ a day means too many people are in on the action at this point. There is a lot od speculation now, both from professional investors and also from regular people like us, especially abroad (remember, silver is not just an investment for Americans; Asia is beating us by the tonnage when it comes to silver accumulation by common people). </p><p> </p><p>The 1/3 that I sold I acquired for $15/oz, so selling at $42/oz was acceptable for me. I'd rather take a smaller profit than run around in a selling frenzy once I start seeing the price starting to dive and everyone jumping ship. The other 2/3 of silver that I have have much more numismatic value than bullion value, so that's where that figure came from.[/QUOTE]</p><p><br /></p>
[QUOTE="Rhino89, post: 1158640, member: 21773"]I decided to sell a 1/3 of my silver after it blew past $40/oz. It bothers me seeing the price heat up so fast, a $1+ a day means too many people are in on the action at this point. There is a lot od speculation now, both from professional investors and also from regular people like us, especially abroad (remember, silver is not just an investment for Americans; Asia is beating us by the tonnage when it comes to silver accumulation by common people). The 1/3 that I sold I acquired for $15/oz, so selling at $42/oz was acceptable for me. I'd rather take a smaller profit than run around in a selling frenzy once I start seeing the price starting to dive and everyone jumping ship. The other 2/3 of silver that I have have much more numismatic value than bullion value, so that's where that figure came from.[/QUOTE]
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