when to sell silver bars
fleaseyelash
Posts: 12 ✭
Well,when do we start selling,is it a gamble to sell now or wait for $100.00 per ounce.
0
fleaseyelash
Posts: 12 ✭
Comments
open every silver thread and read
in the end, you are the one deciding
I'm doing so right now...
I have a purchase that I'm on the fence over.
Considering selling 100 ounces silver, I figured I could make that back with a little effort with the new tools.
Question I always ask myself: "Where would be a better place to put the money, and why?"
I knew it would happen.
I can't imagine a reason to SELL unless in real economic peril. Until that day. BUY, BUY, BUY!
A little less here, alot more there, not so much here, wash, rinse, repeat.
COPPER is gutter !
when it does ipo, spacex
people "familiar with the matter" point to 2H2026
I sold 100oz today. Put money in bank account. Ill buy that 100oz back in due time.
Knowledge is the enemy of fear
If I had any kind of debt, and metal to sell, I would sell now and pay off said debt.
But I don't have either
SpaceX could be an option but will require some research.
I sold some platinum and gold the other day to top off the amount needed for 2025 cap gains tax and to prep for next year's construction project.
I'm leaving enough money in the bank exposed to the banking system as a strong motivation to find the next best thing before the banking system problems become visible. Hopefully the Great Taking won't happen soon - but it could.
I knew it would happen.
buy low, sell high. It's pretty high.
When gold and silver move together, it signals the coming end of fiat money.
Not my first rodeo, pardner.
I knew it would happen.
Most bull riders end up with broken bones..some die.
Knowledge is the enemy of fear
I have the same dilemma however certainly wouldn't want to be the bag-holder once this bubble pops. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
As long as you are DCA’d say below 50ish then yawn. Starting to stack in the past two months is more speculative of course. But one has to start somewhere….
COPPER is gutter !
DCA is somewhere around $20, still wouldn't want to be the bag-holder when the gutter bubble pops. RGDS!
Edit: $21.78 to be exact but that is somewhat skewed as I include some things like slabbed MS70s, Morgans, WTC recovery ASEs etc. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Most bull riders end up with broken bones..some die.
Stocks, bonds and real estate are in a much more precarious position than precious metals, even now.
I knew it would happen.
Cashed in my silver bullion last week. Very happy with the profits I took. Gonna turn that money into purchasing a tractor for the retirement property we bought a few years ago. Maybe pick up some gold pesos too. Add them to my metal of kings stack.
That’s a great place to be!
Even after a poop ton of buying since August, my DCA is very healthy in relation to current spot. Or even if spot went back to 50. That's what needs to be chased. A healthy DCA!
COPPER is gutter !
DCA?
Dollar Cost Average, otherwise known as a weighted purchase price
So are you saying a deflationary collapse is in the cards?
Knowledge is the enemy of fear
Any day , now. It is a gamble getting out of bed. Why put off today what could have been done yesterday ?
Then again, I recommend adding to the stack. I buy and sell everyday except today. Bars, rounds, .925 and .900. Sell a little, buy a lot. Buy a little ….and add to your lot, when possible. As it were, you’re playing in a money pit.
``https://ebay.us/m/KxolR5
So are you saying a deflationary collapse is in the cards?
I'm saying that stocks, bonds and real estate are in a much more precarious position than precious metals.
A deflationary collapse is possible if the derivatives complex blows up - which it might, any day now.
OTOH, a runaway hyperinflationary spiral is also possible when interest on the various federal, state, municipal debt (and unfunded liabilities) dictates even more massive money creation.
Take your pick. I don't know which will happen first. Physical gold and silver have no counterparty risk.
Stocks, bonds and real estate all have counterparty risk in a fiat world where re-hypothecation is now standard practice and nobody knows who owns what.
I knew it would happen.
The only thing that can crash stocks, bonds and real estate under DJT would be the US Dollar collapsing. There is simply zero chance he will let that happen without first slashing rates to zero and then printing obscene amounts of money. Trump had a career in real estate. He is hell bent to get rates down in order to unlock new liquidity that drives stocks/bonds/RE higher and puts the economy back on a sugar high before the next election.
IMO, and I think we agree, what is going on with PMs over the last 1.5 years is they have simply been accurately repriced in USD. Most of the price action is simply the denominator changing.
In my case I collected/stacked precious metals to fund my retirement. Thankfully I also had other investments and I don’t need to. Now I would only sell if I needed $$ to live, travel, help my grown children or fund another investment. Aside from that I would continue to buy ( if a deal materializes)or hold.
My 2 Cents,
Mike
MIKE B.
And all of that would collapse the dollar. So yes, DTJ, is will be the thing. Thats why PMs are doing what they are doing.
Knowledge is the enemy of fear
Delivering Total Justice will be a thing??
I should have laid off the hyperbole with the talk of slashing rates and printing obscene amounts. That would only be in the case of a Covid type emergency. Today's high rates give them lots of latitude to cut in a controlled way, and the economy is doing fine in the meantime. I believe the PM market is performing strongly as a debasement trade obviously, but there are other factors at play and it doesn't mean a collapse of the dollar is imminent.
Though silver is looking short term very frothy, I could see broader PM strength continuing in a secular bull market for some time. This move is long overdue and there are also nice setups with copper and uranium heading into 2026. All of this can keep going with the dollar staying flat, and inflation and bond markets stable. My main concern, and where I would be looking to take some off the table (esp with PM miners as it would hurt their operating margins) would be oil heading back to $100.
The only thing that can crash stocks, bonds and real estate under DJT would be the US Dollar collapsing
Have you looked at the debt clock lately? And interest on the debt? And have you considered the unfunded liabilities? Just wondering.
There is simply zero chance he will let that happen without first slashing rates to zero and then printing obscene amounts of money.
This is the plan. And that's what is going to crash the bond market, taking stocks along with it. High probability.
I knew it would happen.
I did address the hyperbole in a subsequent post - those are edge cases I was talking about. Rather than US Dollar or bond market collapsing, I anticipate a long term debasement/inflating away as much of the debt they can. Do they have a plan for the unfunded liabilities/SS/Medicare/veteran's benefits? AI doom scenarios? Unlikely and I assume they will kick the can like most politicians. This is why I stack PMs, BTC and other alternative investments.
Also, you are saying "high probability" they collapse both the bond and stock market? Are you making investment decisions around this so called high probability? Odds are stacked against you.
Depends on how weak we truly are.
Today's high rates
Rates aint high today.
Knowledge is the enemy of fear
Do they have a plan for the unfunded liabilities/SS/Medicare/veteran's benefits?
I kinda doubt it. They may think that a 50-year convertible gold bond will get attention, but I don't. I think that they plan to use Tether's gold and Tether's earnings around stablecoin to soak up the additional debt issuance, but I think it's too late for that and supply will overwhelm demand.
I knew it would happen.
Relative to the 80's, no, but Fed funds rate at 3.75% is higher today than they were in 15 of the last 18 years.
They will raise taxes. You wont like it, but you'll dislike losing your SS/Medicare/Veterans benefits even more.
Knowledge is the enemy of fear
gov has a money tree.
When gold and silver move together, it signals the coming end of fiat money.
he typed DTJ instead of DJT
People sell...
Because they need the cash. This could have been the reason you purchased in the first place.
They want to take some profit. Yes, if you hold you might realize a 50% versus a 30% return but holding for more could work against you.
They have somewhere else they believe they can park the cash to realize a better return.
Anyone under they age of 40 may think rates are high, but they are at or below long term historical averages. Rates are not high today.
Knowledge is the enemy of fear
You’ve seized on the word “high”. if I say “relatively high” can we move on?
Historically we didn’t have the debt load we do now. 3.75% on 40 trillion is a lot more than 10% on 1.5 trillion or 5% on 8 trillion. The numbers are bigger now. That caps fed funds rate. So it’s all relative.
40 trillion does not cap the fed funds rate
Yes there is no direct cap. Fed independence and all that. But indirectly it absolutely places a ceiling on fed funds rate.
Under Yellen the treasury increased the issuance of short term bills. This continued under Bessent. With very large debt and a relatively short average maturity, each 1 percentage point increase in rates eventually adds hundreds of billions per year in interest expense. Interest costs can rival or exceed defense spending, medicare, all discretionary programs combined. This worsens deficits, requiring more borrowing, more bond issuance, potentially higher long-term yields. Also known as a debt spiral. They can't hike past a certain rate or you get liquidity crisis, t-bill market stress, bank balance sheets looking like crap. This happened on a very small scale in early '23 when all the regional banks crapped the bed. All this is stuff the fed cares about maintaining. It's not just inflation and employment.
Surprised to run into this on a PM forum.
right now with a inclined yield curve, issuing long-term debt will cost even more
Which is why Bessent is continuing Yellen's policy of leaning towards the short end of treasury issuance. But that wasn't what we were discussing.
true, but it doesn't bring down the fed funds rates. plus the short term rates? theoretically dumping high volume on a bill market would drive down prices and send yields up. anyway the largest market is the us treasuries market. the market sets the rate, not the fed and not the treasury
Exactly. My point was that realistically they can only raise it so high due to the factors already discussed.
And my original point was that they have tons of room to cut at the moment, if needed, to stimulate. And that DJT wants rates lower. Doomers get lots of clicks but have poor investment returns over time.
But if you remove the financial collapse of 2008 and its next 5 years of 0 interest until things got back to semi-normal and the Covid years of reduced rates, the last 18 years are not a good barometer to measure rates.
"If you remove 83% of the data sample then my argument makes sense"
Ok
I already said rates were low relative to the 80's, but high relative to recent history.
When I graduated from college, home mortgages were 18%. When I bought my firs home 7 years later, I started with 10.25%, I have probably refined 5 times to get down to 3.25% on a 15 year that is paid off in June 2027. Happy days.
DO NOT get greedy. $75 silver after going through the 2011 fall was never on my radar. This price rise is a blessing for bigger stacks. Good Luck
Hell yeah. Good move for you long term. Although I have a super low rate as well, if/when the short term interest rates move below my mortgage rate, I will move some out of short term bills/notes and get some mortgage principal paid down.
Until then, good place for safety net funds.