Official ODT Silver Thread

[Greg_D]

If the price keeps going up, are you a seller(at what price) or are you a Never-Seller.

I plan to sell half my stack if it reaches $25/oz

 

[Horsehat]

If the price keeps going up, are you a seller(at what price) or are you a Never-Seller.

I plan to sell half my stack if it reaches $25/oz

You will:
A. Be sick when it goes to $50
B. Feel like a genius when it retreats to $12
C. All the above

 

[500mag]

If the price keeps going up, are you a seller(at what price) or are you a Never-Seller.

I plan to sell half my stack if it reaches $25/oz

Huh?
You would only want to sell if you need to buy something with it, or you would want to trade it for something of value. Why would you trade it for a worthless fiat currency? Might want to reevaluate your reasons for holding it.

 

[Jeddak]

If the price keeps going up, are you a seller(at what price) or are you a Never-Seller.

I plan to sell half my stack if it reaches $25/oz

Silver is severally undervalued, compare to gold. Unless I can rebalance my holdings with gold at 25 to 1, I am not selling. Most of the mined gold is still in circulation. Silver, however, is being consumed every year.
Solar industry uses a lot of silver. Once envirowackos push thru mandatory solar energy production plans, watch silver ho sky high.
https://www.investopedia.com/articles/investing/080316/historical-guide-goldsilver-ratio.asp

Huh?
You would only want to sell if you need to buy something with it, or you would want to trade it for something of value. Why would you trade it for a worthless fiat currency? Might want to reevaluate your reasons for holding it.

Yep, and yep. Just yesterday I gave my kids a talk about hidden inflation and shrinking coffee and ice-cream packages.

 

[Jeddak]

Another good read on Gold/Silver ratio
https://sdbullion.com/blog/historical-gold-silver-ratio-long-term-and-now/

 

[chucklenut]

And here we are over $19 an oz

yup

im in a holding pattern. gotta wait till it drops to 17

might be a good while

 

[chucklenut]

Silver is severally undervalued, compare to gold. Unless I can rebalance my holdings with gold at 25 to 1, I am not selling. Most of the mined gold is still in circulation. Silver, however, is being consumed every year.
Solar industry uses a lot of silver. Once envirowackos push thru mandatory solar energy production plans, watch silver ho sky high.
https://www.investopedia.com/articles/investing/080316/historical-guide-goldsilver-ratio.asp


Yep, and yep. Just yesterday I gave my kids a talk about hidden inflation and shrinking coffee and ice-cream packages.

this

pay attention to the GSR

it sits at 1 and 75 when gold is 1500 and silver is 20. silver needs to climb and gold needs to drop before it evens out

the 1.25 ratio is pre bretton woods mind yall, a better evaluation of the real price. buy silver and gold, but buy more silver IMO

 

[AmbiEncE]

Everyone's situation varies. There is no problem cashing out some of your investment to recoup your buy in price.
The higher the price goes, the harder it is to sell.

 

[mtnsmith]

Does anyone have an idea as to why JMBullion is pricing previous mint year silver eagles higher than 2019 eagles?

 

[500mag]

Does anyone have an idea as to why JMBullion is pricing previous mint year silver eagles higher than 2019 eagles?

They probably just have less of them..