Selling Bulk Silver - Page 2 - Coin Community Forum

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Author	Replies: 19 / Views: 7,385	Page: of 2

oblakavshtanax Pillar of the Community United States 757 Posts	Posted 10/15/2010 7:06 pm if you've made your money, get out before the peak and wait for the drop. unless you are very very good or extremely lucky, you could well lose your shirt waiting for it to continue going up. i bought bank of america stock when it dipped to 2 dollars last year...it got up to 10 dollars and I sold, and now it's hovering between 13 and 15. am I kicking myself? heck no. sure, I didn't maximize my profit, but I safely made a profit. that's my Two Cent analogy for how to handle this silver thing. if you bought it around 15-16 i'd go ahead and sell and wait for it to drop again. Report this Post to the Staff
Maineman750 Pillar of the Community United States 3592 Posts	Posted 10/16/2010 05:37 am Yes...I'm thinking of at least unloading enough to get my original investment back.That way I can't loose.And oblaka, the reason I retired at 50 is that I bought some stock @ $20....refused to sell when the experts said to ($80)and it finally reached $940...so you can understand why I'm hesistant...if I only knew the difference between luck and intuition. Report this Post to the Staff
Nobis1 Valued Member United States 364 Posts	Posted 10/16/2010 08:33 am I have a different take. Of course, if you need to cash out for monetary reasons then do so. But, to me silver is an insurance policy. It is protection against irresponsible monetary policy. Report this Post to the Staff
Maineman750 Pillar of the Community United States 3592 Posts	Posted 10/16/2010 10:19 am Nobis1, I believe your theory is in a large part responsible for the rising price of silver.However,I'm not sold on the idea. Report this Post to the Staff
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