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POLL: What is your Target for selling silver?

bushmaster8bushmaster8 Posts: 5,616 ✭
in Precious Metals
And will you sell it all? or just some of it?
"Wars are really ugly! They're dirty
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary






Best Franklin Website

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    jmski52jmski52 Posts: 22,373 ✭✭✭✭✭
    $250 or so, for practical purposes.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    DrBusterDrBuster Posts: 5,306 ✭✭✭✭✭
    I voted - take it with me, as I didn't see "when I retire and need some money" as an option.
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    CiccioCiccio Posts: 1,405 ✭
    My target was at $25 because I needed some cash but didn't want to sell any gold.
    That's the main reason I buy PM, they are cash and it's more fun than looking at your bank statement! image
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    derrybderryb Posts: 36,203 ✭✭✭✭✭
    Long before my avatar becomes a reality

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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    57loaded57loaded Posts: 4,967 ✭✭✭
    like other things i'd need to look at what is drivng the price up or down and decide then. i guess i am trying to get close to the end of the bull run and would rather sell into it.
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    fiveNdimefiveNdime Posts: 1,088 ✭✭
    i sold some @ $28.
    ill hang on to the rest until >$40
    BST transactions: guitarwes; glmmcowan; coiny; nibanny; messydesk
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    InYHWHWeTrustInYHWHWeTrust Posts: 1,448 ✭✭✭
    Before weight loss from malnutrition
    Do your best to avoid circular arguments, as it will help you reason better, because better reasoning is often a result of avoiding circular arguments.
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    ibzman350ibzman350 Posts: 5,315 ✭
    My target is when I'm 70.


    Herb
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
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    piecesofmepiecesofme Posts: 6,669 ✭✭✭
    I have no "target", the market determines what it will be, not me. Therefore, I continue to flip some, take those profits to buy some, to put away for when I'm gone from this Earth for those who may need it.
    To forgive is to free a prisoner, and to discover that prisoner was you.
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    zrlevinzrlevin Posts: 734 ✭✭✭
    I don't have a target. I buy when I have spare cash, and I'll sell when I need it.
    Zach
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    pitbosspitboss Posts: 8,643 ✭✭✭

    soon!
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    edmundfitzgeraldedmundfitzgerald Posts: 4,306 ✭✭
    With silver hitting new 30 year highs and gold assaulting all-time highs, King World News interviewed James Turk out of Spain. When asked about the action in both gold and silver Turk stated, “Just like last year, the metal prices are going to continue higher. It really doesn’t surprise me that both of the metals are in the process of taking out their previous highs, both gold and silver remain relatively undervalued. ...
    think what is likely to unfold in the first half of 2011 is another Lehman type of event, but the net effect will be somewhat different. Instead of a rush for liquidity, the primary objective will be a rush to safety and that means avoiding counter-party risk. The best way to do that is to own physical metal
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    gsa1fangsa1fan Posts: 5,566 ✭✭✭
    "When the moon is in the Seventh House
    And Jupiter aligns with Mars
    Then peace will guide the planets
    And love will steer the stars

    This is the dawning of the Age of Aquarius
    Age of Aquarius
    Aquarius! Aquarius!

    Harmony and understanding
    Sympathy and trust abounding
    No more falsehoods or derisions
    Golden living dreams of visions
    Mystic crystal revelation
    And the mind's true liberation
    Aquarius! Aquarius!

    When the moon is in the Seventh House
    And Jupiter aligns with Mars
    Then peace will guide the planets
    And love will steer the stars

    This is the dawning of the Age of Aquarius
    Age of Aquarius
    Aquarius! Aquarius!

    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in
    Let the sun shine, Let the sun shine in
    The sun shine in"

    image The 5th Dimension

    Jam
    Avid collector of GSA's.
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    PerryHallPerryHall Posts: 45,421 ✭✭✭✭✭
    I don't have a target There is no limit as to how high silver can go just as there is no limit as to how high the national debt can go. My silver stash is like a savings account and I'll sell some or all when that proverbial rainy day comes.

    Worry is the interest you pay on a debt you may not owe.

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    MesquiteMesquite Posts: 4,075 ✭✭✭
    Do I want to have to pay taxes or not after the sale?
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
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    WeissWeiss Posts: 9,935 ✭✭✭✭✭
    I'm really stunned that so many people have already reached their target and have sold.

    That's great, if you feel it's been a successful ride for you. I just can't imagine selling my stash. Maybe at $50 or higher.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    OverdateOverdate Posts: 6,937 ✭✭✭✭✭
    When the deficit disappears.

    Or when the dollar becomes worthless, in which case I'll use the silver for barter.

    My Adolph A. Weinman signature :)

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    BarndogBarndog Posts: 20,458 ✭✭✭✭✭
    temptation will set in at 35, really bad temptation at 40.
    JR Newsletter Online Edition
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    cladkingcladking Posts: 28,334 ✭✭✭✭✭
    I'm going to try to sell the day before it "feels" to high.

    With current economic conditions it's very difficult to predict what that level will be. There's
    every possibility I won't live to see this time as it might not be any time soon. I believe that
    in the lifetime of people living today that the price of silver will exceed the price of gold but
    this will occur after most of our fundamental problems have been fixed so gold prices will
    be much closer to historic lows than historic highs.

    The best thing for silver prices would be an economic recovery. This would help gold only if
    accompanied by inflation which is a safe bet for any recovery at this time.

    Tempus fugit.
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    DoubleEagle59DoubleEagle59 Posts: 8,199 ✭✭✭✭✭
    My target has nothing to do with price.

    It's to do with its price ratio with the DJIA.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    RedHerringRedHerring Posts: 2,077 ✭
    I clicked the $40 box but really at 30X face I'd let some of my 90% go and that works out to about $42/oz. image

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    DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    I'm with Herb.......when I need the money.image
    Becky
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    DuCrozatDuCrozat Posts: 358
    When and if my family's health and welfare depend on it.
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    percybpercyb Posts: 3,301 ✭✭✭
    I haven't sold any silver to date...but I think I'll unload it chunk by chunk during retirement ...which begins about 10 years down the road.
    "Poets are the unacknowledged legislators of the world." PBShelley
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    PerryHallPerryHall Posts: 45,421 ✭✭✭✭✭


    << <i>When and if my family's health and welfare depend on it. >>



    Great answer. PM's are an insurance policy.

    Worry is the interest you pay on a debt you may not owe.

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    barbwirebarbwire Posts: 174 ✭
    My target -> when i can't fit in my basement anymore. image
    Successful BST Transactions with: gecko109, ibzman350, tresgatos, BobS, SportsModerator1, greghansen, glmccowan, tizofthe, Zubie, Gerard, SpaceMonkey, Ahrensdad, grote15, ARCO, and InYHWHWeTrust.
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    tydyetydye Posts: 3,894 ✭✭✭
    I have sold some (about 1/3) of my silver since the fall when it moved into the $20s. Most of it was odds and ends and less desirable stuff. About half of that went back into gold. The other half Christmas and house projects. If I had the ability to keep it all I would of
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    ritepathritepath Posts: 266
    My BIL sold 80 silver rounds a few months ago....however.com he held on to about 150 morgans/peace and another 100 Liberties. He told me last week he was waiting for somewhere around 50 for his liberties, and north of that before he'd part with the real money. He buys gold almost everyday of the week off different shops and individuals and he ends up with lots silver which he just hordes up.
    There's only One
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    57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>My target has nothing to do with price.

    Its to do with its price ratio with the DJIA. >>



    so when Au = DJIA you will sell silver? i know it's your gold mantra and a good one, yet Ag may be a different animal?

    i don't know what other factors i'd put into my equation, but if China designates silver a rare earth element by decree, then i'd probably hang onto it a wee bit more.image
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    heavymetalheavymetal Posts: 570 ✭✭✭✭
    I will sell when the silver isn't pretty to look at anymore.image
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    DoubleEagle59DoubleEagle59 Posts: 8,199 ✭✭✭✭✭


    << <i>

    << <i>My target has nothing to do with price.

    Its to do with its price ratio with the DJIA. >>



    so when Au = DJIA you will sell silver? i know it's your gold mantra and a good one, yet Ag may be a different animal?

    i don't know what other factors i'd put into my equation, but if China designates silver a rare earth element by decree, then i'd probably hang onto it a wee bit more.image >>



    Let's say it's my "PM" mantra.

    I am contemplating switching all my silver for gold in the very near future.

    Although I feel I may be jumping the gun as silver probably will pick up more ground on gold this year (gold silver ratio will go lower), I think it may be wise to get into gold as this would certainly protect me if there was another major economic slowdown this year (something that I fear will happen).

    If this does happen, PM's would go lower, but silver would suffer much more than gold.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    MercfanMercfan Posts: 700 ✭✭


    << <i>I will sell when the silver isn't pretty to look at anymore.image >>



    image
    "Coin collecting problem"? What "coin collecting problem"?
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    AnkurJAnkurJ Posts: 11,366 ✭✭✭✭
    I'm selling some now, will probably sell some later. Round and round we go!
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
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    pf70collectorpf70collector Posts: 6,504 ✭✭✭
    I will sell in 20 years in retirement. By then it may be at $200/ounce. Hopefully I will be in a lower tax bracket by then.
    Montana State Quarter Die Clash

    Box of 20
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    henson4henson4 Posts: 50
    Like all things, at some point they must stop going up. there are alot of different predictions out there.
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