Selling Silver Or Gold ?

The best time to buy silver or gold is not now, because they are on an upward price trend due to the threat to the World economy caused by CV-19.

The best time to sell silver and gold now currently held, is when effective vaccines to CV-19 are found, and there is a strong prospect of World economic recovery.
At that time, any currently held silver and gold would have reached a logical peak in price, and that would be the time take advantage of the price rise.

Philosophically, bullion markets are counter cyclical to the health of the World economy. That has been my observation over a period of 50 years or so.
The value of the numismatic and fine arts markets tend to roughly follow the bullion market trend.

And then you get the die hard, life time coin collectors of which a guess I am typical. I care little about the bullion and numismatic investment markets.

I agree on not buying. I'm a hoarder so I won't be selling either (not sure what I'd do with $$$ - I'm already cash heavy). It wouldn't hurt to sell 10-20% of your stash if you have a lot. Currently the Fed is worried more about deflation than inflation, which is why it's printing money like Weimar. It will likely overshoot and cause significant inflation - but I'm not a seer and no fan of the Fed.

I've sold some, bought a little and held most. Our runaway national debt is not going away. Young people will see the train wreck if they live full lives. If it hits $35 I'll sell some more.

I'm up 100% on everything I've bought since last year, but not selling because as others mentioned, I'm way paper heavy, why do I need more?
I have some dirty stuff like scrap and 40% that I might unload at $60-$80.
Locally everything's sold out, online inventory is sparse, with delays in orders.
Investors are looking for a safe haven as the walls come tumbling down.

So..... with todays crash, I have just a bit more people selling to beat the "big one" than dip buyers.

One customer who bought 100k of bullion last week wants to return his purchase for full value. I had to show him the law regarding bullion buying in this state. He honestly thought he had 30 days to return for a full refund!

I am buying. But only because in these situations people bring in long held collections and hoards. You have no idea what can be in them. The last time I bought a boat load of bust and seated halfs...for melt.

Dang, I waited too long , I had $5 in dimes. Oh well. Next time. Oh wait a minute, the dimes are clad. They are still worth $5.. I'm all good.

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!