therookie

tough decision but thought it was a good time to sell. had most of it for years.

Incubus

If you made money, and didn't lose any, then you made a right decision. You never know what's going to happen tomorrow; since you know you'll make money by selling today, it can be considered right.

MikeyCB

What did ya end up gettin for it, around $3600? Curious to know what it was purchased at as well! If you've been passing silver chunks down though generations then anything you got for it was probably a good deal


Also, if you literally had a block of silver sitting in your safe, I give you extra baller points.

flyingelbowz

Should have held. That was a poor decision. Silver is going to shoot to the moon. Word is now out how the silver market is manipulated and leveraged 100 to 1, by the government through the crooked JPMorgan. Silver should be at least $50-75/oz right now as it stands.

I would have sold just a fraction of that if you needed money.

therookie

I buy it by the mint roll (20 - 1 oz coins) from a local coin shop dating back to 2000 when i was paying peanuts for them.

i sold about 60-65% of my silver stake.

funny thing is, is i keep my coins in a wooden (treasure) chest that i 'inherited' from my grandmother when she passed away. seemed like a good place to store them.

i've read conflicting articles about the true value of silver, but based on market fluctuations over the years, i believe i made the right decision selling when i did. time will tell.

in speaking to the dealer, he said the precious metals market is crazy right now.

therookie

ended up settling for $19/oz (55 cents over spot as it were). based on what i could have sold on ebay for, i think it was mostly fair.

magician

Can you cite a reliable source for this? If "word is now out", it had to have come out from somewhere; please let us know whence.

flyingelbowz

Why do I have to cite a reliable source? Its all over the "real" financial news outlets. Been that way for years. You ain't gonna find it on MSM (thats Main Stream Media..aka CNBC, Fox Biz, etc) which is controlled by the same banking cabal that is out to screw the world. Maybe if you people learned to do real research you'd know what I speak of. I am not going to do the research for you. Do it yourself and learn something. There are lawsuits ready to roll against JPM. Nuff said.

magician

Nobody said that you have to. I merely asked if you can.

I believe that we all just did.

Thanks.

fishfryer

I think that it is a good time to get out of silver and look to another metal like palladium or platinum. Palladium is being used more and more in jewelery and of course as a catalyst. Considering the auto market is going to improve, maybe that is a good enough reason to buy.