SELL SILVER or NOT

Comments

• JJM Posts: 8,089 ✭✭✭✭✭

  December 13, 2005 6:40AM

  Hold, if the Baltimore show fact is corret, its just a coincidence

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• HonoluluDude Posts: 2,167 ✭

  December 13, 2005 7:04AM

  I'll take those Walkers.

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• coynclecter Posts: 2,111

  December 13, 2005 7:08AM

  Time for you to sell..............................to me
  
  The answer is easy
  
  If you need the money then sell.
  If you don't need the money then I can't think of a better place to hold value than what you have now. Not only is the silver a good value but everytime you make a change it costs something. Stay with what you have until you see a strong reason to change.

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• bonkrood Posts: 796 ✭✭✭

  December 13, 2005 7:12AM

  You should have dumped it this morning at $8.80. I think thats the run.

  Steam Power

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• Deadhorse Posts: 3,720 ✭

  December 13, 2005 7:24AM

  
  
  << <i>I have over 200 90% Silver Circulated Half dollars, about 150 are Liberty Walking Halves.
  Should i go ahead and sell my silver coins right now because silver is so high or should hold on to them alittle bit longer?
  I have noticed that leading up to the Baltimore Coin Show the past 3 times it was held, that Silver and Gold have been very high, but then the week after the show is held, Silver and Gold pludge in there prices. Has anybody else noticed that?
  My Ebay Listings >>
  
  
  
  I don't know the dates of the Baltimore show. But there is a correlation between precious metals prices and calendar dates.
  
  These dates have held up within a week or so for a few decades now.
  
  The silver run up is nowhere near the top. Not even close.
  
  You will see a rise in both gold and silver by around the 3rd week of January if tradition holds. Then a drop will occur throughout late February.
  
  Expect another sharp rise by late March into early April. That's generally one of the higher points during the year.

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• RW Posts: 485 ✭

  December 13, 2005 7:26AM

  I sold some of mine today.

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• roadrunner Posts: 28,313 ✭✭✭✭✭

  December 13, 2005 10:42AM

  I would not sell now on weakness. The time to sell was last week at $9.00 to $9.15. For the small amount you have I'd just sit on it until the silver barge finally comes in at $20-50$ per ounce. Chances are if you sell now, you will not buy back in at $12, $15, $20, etc.
  
  Good luck.
  
  roadrunner
  
  
  

  Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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