Selling?

[blindguy]

Talk to a friend who owns a coin shop in the states. She said that people are lining up to sell silver yesterday and today. When I talked to her today she had around 10 people waiting to sell silver.  I am not selling but buying more silver and gold tonight from a person who called me yesterday. My question is are you a buyer or a seller at these price levels ???     Jim

[5huggy]

Buyer! - its STILL highly undervalued - and the upside is (IMHO) far greater than the downside risk!

[Slowhand]

I am not ready to sell anything.  But I am not doing much buying either over the last couple of months.  I'm not convinced yet this is anything other than a blip.

[5huggy]

Certainly only early stage of the "climb" or a blip - as you say! 👍

[firestacker]

It's only just started climbing. Clearly these people don't know about or don't believe in the gold to silver ratio.

[Slowhand]

46 minutes ago, 5huggy said:

Certainly only early stage of the "climb" or a blip - as you say! 👍

I hope you are right.

[Tn21]

Still a buyer at these prices, just selective in what I buy now.

"Can't stop, won't stop"

[Tickety]

Buying small amounts of silver, I believe the next couple of years will go in a upward direction but not as fast as in recent months and there will be several pauses along the way. Stacking mostly bullion.

[DarkChameleon]

4 hours ago, blindguy said:

Talk to a friend who owns a coin shop in the states. She said that people are lining up to sell silver yesterday and today. When I talked to her today she had around 10 people waiting to sell silver.  I am not selling but buying more silver and gold tonight from a person who called me yesterday. My question is are you a buyer or a seller at these price levels ???     Jim

My guy has silver coming in but more buyers then sellers, trouble holding on, big buyers wanting all the eagles and premium bullion, he doesn't want to sell it all wholesale as the smaller buyers start out with recognisable coins then move and buy generics and constitutional.

 

The other month a couple of russian women came into the store and dropped I think 800 oz's of silver at under $17 oz....bet they'd like that pile back...he sold it on in a couple of days.

[StackemHigh]

I sold once... Never again if i can help it. Still i did get some nice Gold from selling everything.

[DarkChameleon]

1 hour ago, StackemHigh said:

I sold once... Never again if i can help it. Still i did get some nice Gold from selling everything.

I try to have different stashes, collection which I keep, stash which I sell, gold I keep and gold I'll sell, I try to keep from using profit from sales away from buying collection stuff or I lose my capital to do deals with...it keeps it all fun instead of feeding my little Shop of horrors stash...lol.

[TonyS]

The price is going down, time I start buying again.

If my son wants to sell it’s up to him. (I’ll have to be dead first.)

[Seth]

For me one of it not the greatest things about buying silver is that I'll never need to think about yet alone worry about selling it, I'll leave that problem to my children/grandchildren, unless of course the value spikes to a price too good for me to ignore, whch I honestly can't see happening in the next ten to twenty years.