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Silver When To Sell?

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Author Previous TopicReplies: 25 / Views: 2,120Next Topic Page 2 of 2
Pillar of the Community
United States
1247 Posts
 Posted 03/16/2006  05:55 am  Show Profile   Bookmark this reply Add longnine009 to your friends list
IMO we may get a 70's flashback with Bernanke--The inflation/recession, inflation/recession two-step dance. Bernanke apparently doesn't like the prospects of deflation. And supposedly said he'll throw money out of a helicopter to prevent another Great Depression. Sounds like the white knight is talking backwards to me. If he throws money out of a helicopter to prevent a depression the bond markets would collapse and we'd have a depression. What else can Benny do other than accelerator/brakes accelerator/brakes all the time trying to convince those buying Treasury bonds that we're working on it, like, really really hard, for real this time, --so keep on buying. Just like in the 70's. If it happens that way there might be a lot of windows to buy and sell at a good profit; it might be the opportunity of lifetime. At least until Benny screws it all up. As someone in the late 70's said about the fed--- it's not like AJ Foyte is the driver.

"One pill makes you larger
And one pill makes you small
And the ones that mother gives you
Don't do anything at all
Go ask Alice
When she's ten feet tall"

White Rabbit--Jefferson Airplane
Edited by longnine009
03/16/2006 06:06 am
Valued Member
United States
458 Posts
 Posted 03/16/2006  08:38 am  Show Profile   Bookmark this reply Add CiScO to your friends list
quote:
Originally posted by CiScO


I have a ton of silver, but guess what I'm doing?
CiScO



I'm holding on to my silver for the moment--I believe it will go even higher--Just like I'm holding on to my gold--
Pillar Of The Community
3147 Posts
 Posted 03/16/2006  09:07 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list
Longnine, GREAT SONG!!!!
Pillar of the Community
United States
1247 Posts
 Posted 03/16/2006  5:16 pm  Show Profile   Bookmark this reply Add longnine009 to your friends list
Thanks Crystalk. It's got to be the most discriptive song for our so-called economy, and the phony 5th (wave) that fuels the delusions.

"...When men on the chessboard
Get up and tell you where to go
And you've just had some kind of mushroom
And your mind is moving low
Go ask Alice
I think she'll know..."

White Rabbit--Jefferson Airplane

Ode to our inspiring coinage:
"Dead kings, many things I can't define."
Incense and Peppermint--Strawberry Alarm Clock
Edited by longnine009
03/16/2006 5:40 pm
Pillar Of The Community
3147 Posts
 Posted 03/16/2006  6:03 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list
Hey Longnine, Strawberry Alarm Clock was the first group I ever saw live! I can remember standing next to the stage in Indy waiting patiently for the song "Incense and Peppermint" and walking away after it was over! I believe the event was called the WIFE (radio station) Fun Festival and there was a lot going on! Had to keep moving to take it all in but wasn't going anywhere until they played that hit! Sadly NO COINS at this event!
Valued Member
United States
79 Posts
 Posted 03/16/2006  10:36 pm  Show Profile   Bookmark this reply Add dgoose50 to your friends list
Silver is underpriced when compared with gold and platinum. If gold and silver were to return to their historic ratio of 16 to one ,you might make an argument for $35 oz silver ; or is gold overpriced? My crystal ball is hazy.
Pillar of the Community
United States
1247 Posts
 Posted 03/17/2006  5:53 pm  Show Profile   Bookmark this reply Add longnine009 to your friends list
I think the excitment right now with silver might have a lot to do with anticipation of silver ETF's--(Exchange Traded Funds).

Crystalk I saw something in the paper last year about Steppenwolf playing in some bar down here. And there's the Stone's with the most ticket sales last year. I also heard they played at the Superbowl half time this year. 'Tis truly strange times we live in.

Ode the Alan Greenspan:

"Remember what the dormouse said
Feed your head, Feed your head
Feed your head"
White Rabbit--Jefferson Airplane


Edited by longnine009
03/17/2006 6:05 pm
Pillar Of The Community
3147 Posts
 Posted 03/17/2006  10:19 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list
Look for the ailver to gold ratio to change and the move is under way. Many experts are saying silver will end in 2006 in the $15 to $20 range. Again, time will tell but in the mean time I wouldn't sell any silver! But, I am BUYING Eagles every week!
Bedrock of the Community
United States
14454 Posts
 Posted 03/17/2006  10:26 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
one more question on this subject, where do you go to sell silver when you are ready to sell? I have never checked into selling any at all I have only bought and was just wondering where a person would go to sell the silver they have aquired. Thanks again in advance for any replies
Rest in Peace
United States
2684 Posts
 Posted 03/17/2006  10:39 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list
Bryan, when you see something in your crystal ball, would you advise the rest of us? Guessing what the values of precious metals will be tomorrow, next month, or next year is like predicting what the weather will be like on 23 November 2365. If I HAD to guess, I'd say it will continue to go up for two more years as investors continue to be discouraged by bonds and the stock market, despite their recent gains. Alternatively, when the stock market crashes again in the near future, silver and gold might follow it.
Bedrock of the Community
United States
14454 Posts
 Posted 03/17/2006  11:40 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I wish I had a crystal ball with this information but mine has a crack in it that shows this information and I havent been able to get it to work right since it happened. I would like to know where people take their bullion to sell when they are ready though because I have never sold any and would like to know a good place to take it when I am ready. do you take it to pawn shops? coin dealers? or where?
Valued Member
Australia
99 Posts
 Posted 03/17/2006  11:50 pm  Show Profile   Bookmark this reply Add Draknoor to your friends list
not that my 2 cents is worth a lot, I wouldnt be selling precious metals at the moment. With Iran wanting to set up a new oil market in Euros rather than US dollars and the amount of US dollars held by China it might be a good time to keep hoarding as much silver as you can
Pillar of the Community
United States
1327 Posts
 Posted 03/18/2006  12:56 am  Show Profile   Bookmark this reply Add djluster to your friends list
to answer you on where to sell, I know most of the coin dealer around me buy silver, they ussaly buy just a little under spot. but it also depend on what and how much you are selling. most the time if you can buy gold or silver at the coin shop they will buy it to. also round and bar do not have as high of a return as American Silver eagle. SO what I did a few month back was traded all my bars or round for ASE. But when you do go to sell look around at the coin shopin your area to find out what tehy are buying at most will tell you over the phone.
Pillar Of The Community
3147 Posts
 Posted 03/18/2006  06:55 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list
When silver and gold makes an upward trend I would trust a coin shop for an honest opinion and sell. Also don't forget about the potential ebay holds when it comes to buying and selling. One other place to check into would be jewelry stores but make sure you shop around for the best prices on any given day. Remember you are the CEO of your silver! Good luck!
Bedrock of the Community
United States
14454 Posts
 Posted 03/18/2006  08:39 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
ya know I didnt even think about jewelery stores, thanks for mentioning them because that wasnt even a place I thought about calling when I was ready to sell. I am not going to be selling until I see what the market does for awhile unless times start getting hard around here like they have before but as far as now we are good so I will hold onto it until then or it hits 100 a ounce I understand that a minted coin is worth more than a poured bar like the ones I have. Most of mine are ingot type poured bars and art bars but I have a few eagles and stuff. I have enclosed a picture of one of my AMC poured ingot type bars thats 10.22 ounces. I have never seen another one like it yet but maybe others have. I am going to test this one to make sure its pure when I get the test kit, its the only one I'm worried about

Silver-When-To-Sell??
Silver-When-To-Sell??
Silver-When-To-Sell??
Edited by Bryan1315
03/18/2006 1:04 pm
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