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Liquidate some silver?

KUCHKUCH Posts: 1,186
in Precious Metals
I believe it's time to liquidate some 90's and take the profits to buy the yellow metal on this correction. Has anyone sold silver at the local B&M recently? What is the going faceX rate?image

Comments

  • curlycurly Posts: 2,880 ✭
    I have been cleansing my accumulation of 90% and adding to my stacks of ASEs and AGEs and Maple Leafs.

    Every man is a self made man.
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    Just the opposite: liquidate some gold at these great prices and buy silver at these low prices. They both will continue to rise long term, but I believe the higher growth potential lies with silver.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cone10cone10 Posts: 1,021
    I'm not liquidating just adding more to the stack. Silver looks like the better buy right now but if gold drops another 100.00 I'll be changing my tune.
    A nickel ain't worth a dime anymore.
    Yogi Berra

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>Just the opposite: liquidate some gold at these great prices and buy silver at these low prices. They both will continue to rise long term, but I believe the higher growth potential lies with silver. >>



    I'd probably agree. At 45 GSR, maybe it makes a final push to 47-49 before turning. If it runs back down to 15-25 that would be a potential 2X to 3X transfer over the long haul.
    But gold is still the primary alternate money system. Silver is not there yet...and may never be.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭


    << <i>Just the opposite: liquidate some gold at these great prices and buy silver at these low prices. They both will continue to rise long term, but I believe the higher growth potential lies with silver. >>

    image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • johnny9434johnny9434 Posts: 28,307 ✭✭✭✭✭
    liquidate and get something you really want image you can always pick more up later if ya want
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭


    << <i>liquidate and get something you really want image you can always pick more up later if ya want >>



    ..........at $50 per ounce.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • coinkatcoinkat Posts: 23,082 ✭✭✭✭✭
    I see silver as the better play at the moment-

    Experience the World through Numismatics...it's more than you can imagine.

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    So what kinna AGE's y"all selling???


    looking for theseimage
    imageimage
    Avid collector of GSA's.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    gsa1fan.....the 2007-W burnished AGE $50 is WAY undervalued with it's 18,066 mintage. Glad a bought a few of these when gold was lower per OZ.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>gsa1fan.....the 2007-W burnished AGE $50 is WAY undervalued with it's 18,066 mintage. Glad a bought a few of these when gold was lower per OZ. >>



    Sssssssssssssh, fivecents!image
    Avid collector of GSA's.
  • MsMorrisineMsMorrisine Posts: 33,019 ✭✭✭✭✭
    +1 for derryb's and others' idea.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • derrybderryb Posts: 36,793 ✭✭✭✭✭


    << <i>looking for theseimage
    imageimage >>


    Will these do? Had a box of 20, been whittling it down. image

    imageimage
    imageimage
    imageimage

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>

    << <i>looking for theseimage
    imageimage >>


    Will these do? Had a box of 20, been whittling it down. image

    imageimage
    imageimage
    imageimage >>



    imageimage Beautiful!image
    Avid collector of GSA's.
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