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  1. #46

    May 2006
    CO, AZ
    dfx, Ryedale!
    1,783
    242 times
    "But, I am holding out for 35 to trade my silver back into gold.
    I believe mid 30's is most likely."

    I used to believe that. Now I don't. Gold is just so much stronger and the international governments buying it (and not silver). I still like silver better, but think I might swap at about 55 - 60. Truly. Or even to to the sidelines (Cash) for a bit and watch. But yes, I thought 90 was too high, and 125 ridiculous.
    fistfulladirt likes this.

  2. #47

    May 2006
    CO, AZ
    dfx, Ryedale!
    1,783
    242 times
    Craigs list too. Never use Feebay, but CL has worked for me. Both buying and selling.

  3. #48
    us
    Feb 2012
    3,185
    2913 times
    Coin roll hunting

    To sell or wait?

    I recently ( 2 months ago ) had a local silver buyer offer me 90% of melt price for my stack. I still hope his offer is there on the table, with melt at $26/oz.+\-, which is approx 19-times FV. Think I'm going to dump it soon before any downswing., just like when it hit $20 early this year and I dumped a lot of my halves, when I was in need of some liquid cash.

    Be nice to have a crystal ball just to see HOW HIGH it can go this time.
    Last edited by Dozer D; Aug 15, 2020 at 05:31 PM.

  4. #49
    us
    Mar 2013
    MD
    Ace 250, Garrett Pro Pointer
    64
    6 times
    All Types Of Treasure Hunting
    I am still holding onto my silver at $26.82. Wanted to buy more ASE but going to wait before buying more. Might look into more Junk silver

  5. #50

    Jun 2012
    Oklahoma
    Equinox 800, Ace 250
    473
    392 times
    All Types Of Treasure Hunting
    Quote Originally Posted by smokeythecat View Post
    Sell. Fast. Timing is everything. As the stock market rises, eventually, maybe sooner than later, metals will tank. Markets are driven by two things: Fear and greed.

    I bought a stock last Wednesday morning upon listening carefully to news reports on the company and reading about the company's 10 year history.

    I bought it at market open at 9:30 am. I sold it 25 minutes later and made $1200. If I would have waited a little longer I would have made a little more.

    If I would waited until FRIDAY, I would have lost $1200.
    Smokey - Just curious...did you just get lucky (happy to make $1200) or did you have some reason to believe it wouldn't be as valuable on Friday? Or do prescribe to some kind of technical analysis of trends.

    I've played around with stocks for years. I've made money. I've lost money. I even have a degree (forever ago) in Finance. My conclusion after all these years....I'll never be privy to enough information to make truly educated decisions in the short term. By short term, I mean days, weeks, even months. Today's stock price is based on it's expected value, not the actual value. The people driving those prices have access to way more information than I.
    fistfulladirt likes this.

  6. #51
    us
    Apr 2011
    1,863
    1341 times
    Back to the original question, once silver hit $25 I made the decision to sell 5-10% of my junk 90% silver stockpile every time the price went up $5/oz. Once the price gets to where I can get $5 apiece for me 40%ís, Iíll dump them all. Gold Iím holding.
    fistfulladirt likes this.

  7. #52
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    2,076
    2489 times
    Prospecting
    Still way to low to sell. It will continue to rise as they kill the dollar and take us into the new money system.
    The dollar is dead.

 

 
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