Selling Silver Or Gold ?

Worth in fiat currency. I can give it to the bagel shop and get 4 bagels. 4 NJ bagels are worth 75 cents in metal. Or I can exchange the $5 I'm clad dimes and get 3 silver dimes. It's cool I exchange an object that only has value because the government says it has value for NJ Bagels and I'm happy. I like fresh bagels. The rest of the country has these bagel like things that aren't worth the 75 cents in metal but the NJ bagels are worth it!

I sold half of my stack last week at approximately 3.9 % over spot. My gamble in 2018 centered around buying all I could afford at $13.80-15.80 and if it hit $30.00 sell half. Thus in theory the other half I kept in safety deposit box is free silver. Factoring in the tax on my bullion profits and $60.00 yearly fee for my lock box it worked out in the end to around $4.28 an ounce for what I have left. Not quite free but not a bad price for a financial calamity stack either.
I consider what transpired a lucky break for myself, probably many other small fish also - similar to 2008 and 1980 which both times I sold all of it not at peak but not far from it. IMO this time is different probably much worse so keeping remainder just in case fund. Hope I'm wrong and things normalize.
I made a little money and it felt good. When I ponder this issue I think boy wish I would have bought thousands of ounces of the poor mans gold instead of hundreds. Those pesky living expenses have to be addressed by everyone but glad I did buy what I could afford in 2018. When I look at JMBullion and APMEX it's crazy what bars, ASE's and Maples are listed at.

Not selling any of my physical stack, it is insurance against debasement of currencies through helicopter money.I have sold most of my paper gold and silver etf's .I have rotated some of that money into junior mining companies and more shares of Kirkland (should have had some Barrick before Warren made his announcement.

We can't predict how much higher can these gold and silver prices go but for sure chances are there that gold prices could go up. Selling gold bar NYC will give solid returns at current prices.

The Dow stock market bottomed in March 2020 and by September, rose again by 35% by September 2020.
Bullion silver bottomed in March 2020, and rose by 240% by September - now, that is what you may call as volatility!

Might not worry silver stashers, but it must be of some concern to those looking for a medium term profit.

I can understand that as many citizens are under extreme financial pressure through no fault of their own. Getting ready for a big announcement being made where I live tonight.

If you multiply the price you pay for 1g gold bars by 31.1, you find you are paying the highest price per ounce.

A quick review of selling prices right now peg a gram at about $85. That is over $2,600 per troy oz.

People have the mindset that the small fractional bars would be easier to barter off in tougher times. Like the valcambi bars. It's a tricky one right now. I was a stacker in the earlier part of 2000 sold off everything when silver hit $45. I would have loved to buy back in when it bottomed out but was unable to. Right now with the economic conditions behind the pandemic people have switched to hold a tangible asset in PMs. Now there is a vaccine however we don't know how well it will work, side affects etc so if that works then I think we could see a drop. However how much of a drop is the question. With all the additional debt individual people, states, province's countries have been slammed with, that to me is worrisome. Who knows how well we can recoup or at least maintain a steady constant. We all know this new massive debt is going to stick around for a very very long time. Could we possibly be seeing the beginning of another bail out this country bail out that country, downgrade here downgrade there scenario building up again? I'm personally not buying right now although my attention has been grabbed and I'm personally waiting for the next big dip and flatline to buy back in.