Well then

[crhstreetwalker]

This is my every once in awhile, let's talk about the price of silver thread. Is it time for it to explode? Thoughts?

 

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[CoinFetcher]

hmmm....Maybe.

I Want to buy a 5 oz ATB bullion coin, and with the spot price increase, the premium is coming down to meet the melt price. I may buy one soon at the ~180 dollar price, if I find one on FleacemeBay.

Otherwise, I may use this price hike to sell some silver coinage I do not desire, and don't know why I bought ( like 10 2006 silver proof sets ) , ect ect.

I'd like to see it go to 42 an OZ before I sell anything, and then all tumble back down to sub 30s, so I can buy a little more.


Who knows, if we see 100+ an OZ, wouldn't that mean terrible things for everything else? Thoughts? Musings? Ponderings??

 

[SilverForBrains]

Nice thread man, this is a good topic. Nothing like sitting around and watching your collection become more valuable! I know there are some on here that want silver low to stock up - You guys have a great long-term plan and will do well. Myself, I like to flip things around. If silver gets high, I will sell off a portion, and use the proceeds for another entrepreneurial endeavor.

I think at the most we will see a pullback to the low thirties due to some quick profit taking, and then slowly rise to $35 or so. If Q3 passes, there will be a rally just like the last, although the new highs will be in the $60s. Then it will crash back down, but this time only back to the mid thirties again, not the mid twenties. just my two cents. Long term, I think I will live to see the day of $100-$200 silver

 

[PhattyB]

If it peaks up to $50, then I'm going to start thinking about liquidating my entire stock. Hold the money, and buy more later.

 

[baddbluff]

35 & I'm selling to increase my CRH bankroll

 

[canaboy123]

I hope so,i bought 6 monster boxes of 1999 silver eagles when silver was at $5.60 i contemplated selling at $45 but held off....

 

[Wickaboag]

Thinking about selling all my duplicates (ex. 1944 silver quarter or 1951) but don't want to sell, and then see it rise way high
Not sure what to do! Hoping it all works out in the end,
Wicka

 

[maverick]

I think for those of us who are looking for long term return and collecting heavy now, we want it to stay low, for those who turn it now for profit or for increasing there CRHing money will want to see it go up, and for those who are closer to or at retirement age( and collected all these yrs), they are ready for it to rise high too. Me, I don't mind it staying low for the time being. HH, Maverick.

 

[PhattyB]

35 & I'm selling to increase my CRH bankroll

I guess you're going to have more bankroll on Monday.

I wouldn't sell so quick, it's gonna hit $40, easily. Before the end of the month?

 

[Squid]

I agree with maverick. everyone will have a different opinion on the matter.

and yet the price is going to increase it will go so high that it will be a complete disaster afterwards. it will go up, people will invest like crazy, then they will see their investment turned back to the price it is now, or in simple terms, it will crash.

anyways just my two cents
Ty

 

[SilverForBrains]

Squid I think you're right there, it will rally but it will reflect the last. The crash point will be higher than the $26 we just saw, maybe in the thirties, but yes people will invest at way too high a price and then have to wait years for the next rally to sell. Silver can never seem to rise at too steady of a pace, there are too many people into it that when it starts to go, we all go nuts and drive the price up way quicker than sustainable and then it crashes. Buy on the crashes and sell on the peaks, even if you're stocking silver long term, if you flip some silver around in the meantime you will have more by the time you have to retire.

 

[CoinFetcher]

Are their any signs (other than knowing the future) when the peak has been reached? Just as random as it gets? 4 days or no growth? Two dips, and then the final rally high? Just wondering.. thanks!

 

[fistfulladirt]

I tried to buy on the last crash, and when I could find any, the premiums were well above spot.

 

[Easy]

I agree with maverick. everyone will have a different opinion on the matter.

and yet the price is going to increase it will go so high that it will be a complete disaster afterwards. it will go up, people will invest like crazy, then they will see their investment turned back to the price it is now, or in simple terms, it will crash.

anyways just my two cents
Ty

The only difference is while there investing I'll be selling and when there selling I'll be buying.

 

[44_Dimes]

If the price suddenly jumps up I am consider selling some of my 40% silver. I'm pretty young so I plan to hold on to most of my pile until i'm nice and old.

 

[conleytheking]

When I can get $5 each for my 40% I'm selling them... All 38 rolls. ! And my 90%s also.
Going to use the money to pay off some loans and buy myself some toys