At $45.00 + An Oz., Is Anybody Thinking About Selling ?

its very tempting! Probably will let go of little here and there but not all at once.

I don't have a ton, but much of what I do have was given to me as various inheritances / gifts. The rest, I purchased primarily when prices were under $10/oz. I am not planning to sell anytime soon as this is a hobby for me. *IF* silver gets near / hits $100/oz, I'll likely sell off a handful of larger pieces that I'm not really "collecting" like Morgan dollars...most likely just converting them into something that I want / need for my actual collection.

The one thing that really irks me right now is the one time I did sell. I bought a 10oz bar when silver was at $4 or 5/oz back in the 90s. My wife and I needed a little spending money for a trip during the early 00s and silver prices were still nonexistant. I sold it for $40 at a pawn shop, just happy that I got my money back out of it. Of course, now that's a $450 block of silver that I don't have...ugh.

The gold:silver ratio has narrowed a lot in recent months. Is it because silver is overvalued or gold is undervalued or a little of both?

Im hanging on to mine,although,any decent size correction will make me,consider selling...I dont want to be the one holding the bag

If I had any 90% junk silver, I would not even consider a sell until silver cracks a hundred an oz, and probably would sell just before the dollar looks as it it is making huge recovery, via new political changes. And lets be realistic with all this debt, that may be never, in which case I may not sell until 150 an oz, and that is not even an option in your poll, lol....

Trump scares you as president? Even more than the people we have had in office recently? I don't see how he could do any worse than the than the last couple guys. I do agree with you about moving out of the country though, but just because I see our leaders failing us as a whole for the last 10 + years and I don't see it getting any better anytime soon.

Anyways I think silver is still going up, I think I will sell some of it off at 75 an ounce but I think it may peak around 100, this way if I am wrong atleast I sold some of it at the highest point. I don't think you will see silver under 50 for a long time once it breaks the 52 or 53 an ounce mark, but these are just my opinions, and I am no one!

I would be VERY tempted to sell my junk silver at $100 an oz. Not sure what I'd spend the money on though. Probably just bills unless I had any holes left in my current set which shouldn't take too long to fill!

Good question. That could have been asked 18 months ago when the ratio was 75:1, as it was at the end of October 2008.

If the market is not being tampered with, we should see a silver price that is about 1:17 with gold. That is the approximate ratio of silver to gold in the Earth's crust. Given that and $1500 gold, we should be seeing silver at $1500/17 or $88. And that assumes that gold doesn't climb any more in price between now and then. Yes, $100/oz. silver is definitely possible. But is it likely? Who knows!