Whats your realistic selling price

Discussion in 'Silver' started by BootyBandit, Mar 23, 2012.

  1. BootyBandit

    BootyBandit New Member

    Joined:
    Jul 23, 2011
    Messages:
    321
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Gold Coast
    What is realistically your selling price for ALL your silver, for me if it hits $46/oz im selling everything I have in a heartbeat, which hopefully is this year :D
     
  2. mschif

    mschif Member

    Joined:
    Apr 22, 2011
    Messages:
    212
    Likes Received:
    0
    Trophy Points:
    16
    I really don't think i will ever sell all of my silver. I will leave as much as i can for the security of my family. I would be tempted to swap some for gold at a GSR of 30 which approximately half the 30 year average. I don't think of Silver as big trade or winner for me its just a small part of the investment picture. If I could only stop buying those pretty coins and stick to the bullion.

    after saying all that if i see 100 bucks in the next couple of years it might change todays ideas :)
     
  3. Silverbullet08

    Silverbullet08 New Member

    Joined:
    Oct 18, 2011
    Messages:
    221
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth, WA
    $500 per oz.... And I got time and my ability to earn my own income, on my side :)
     
  4. Ponzi

    Ponzi New Member

    Joined:
    Oct 4, 2011
    Messages:
    38
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    I would sell when the australian house price/silver ratio are closer to the below example, not nescesarily at any au$ value.
    Will silver go up or house prices down? That's a whole other post ;)


    Currently (December 2010): 423oz Gold, 20,221oz Silver

    Sydney (Ounces to buy a house)
    Precious Metals Peak (January 1980): 103oz Gold, 1811oz Silver
    Housing Peak (February 2004): 1100oz Gold, 69,143oz Silver
    Currently (December 2010): 481oz Gold, 22,947oz Silver


    All credit for statistics to bullion baron
    http://www.bullionbaron.com/2011/02/australian-housing-priced-in-gold-and.html
     
  5. Black_Sun

    Black_Sun New Member

    Joined:
    Dec 10, 2011
    Messages:
    1,031
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    OK then, fair deal... Maxwell Smart has asked me to ask you, if you would agree to $47 as a sell price?
     
  6. BootyBandit

    BootyBandit New Member

    Joined:
    Jul 23, 2011
    Messages:
    321
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Gold Coast
    the only reason i would sell at $46 is because it would most likely be from the manipulators and the price would probably drop back to $20 again to stock up the truck with twice as much as u had before ;)
     
  7. moonlightsilver

    moonlightsilver New Member

    Joined:
    Feb 14, 2012
    Messages:
    4
    Likes Received:
    0
    Trophy Points:
    0
    Once GSR hit 1:15, then I will start to sell silver.
    before that, if I really need cash, I'd rather sell gold.
    and I won't sell gold before reasonable solution for US dept.
     
  8. metalzzz

    metalzzz Well-Known Member

    Joined:
    Sep 3, 2011
    Messages:
    1,977
    Likes Received:
    86
    Trophy Points:
    48
    Location:
    Australia
    I think the manipulators would be wanting $46.87. Why? Who knows
     
  9. Matthew 26:14

    Matthew 26:14 New Member

    Joined:
    Sep 3, 2010
    Messages:
    3,305
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Victoria
    I'd pose the question though, just because an asset was valuable (or popular) at one point in time, does that mean it will be popular again? Tulips in Europe in the 1600's comes to mind as an example. Perhaps because of change in dynamics such as the Australia population always getting larger and no more land being created, property prices will out perform silver into the future? Just some thoughts.
     
  10. johnmorris

    johnmorris Member

    Joined:
    Oct 14, 2011
    Messages:
    39
    Likes Received:
    3
    Trophy Points:
    8
    Location:
    Inner West, Sydney
    $60 within 5 years
     
  11. downs523

    downs523 New Member

    Joined:
    Mar 14, 2012
    Messages:
    7
    Likes Received:
    0
    Trophy Points:
    1
    Location:
    UK
  12. deanpeters

    deanpeters New Member

    Joined:
    Feb 16, 2012
    Messages:
    15
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Shrewsbury UK
    I agree with booty bandit, why not sell some of your silver when its high. Then cash back in when its low.

    For example if you brought 100oz at $20 then sold 50oz at $40 then you have made your money back + you have 50oz of silver, and some cash to invest back into silver when it comes back down. A risky tactic it may be, but if it pays off its well worth the risk.
     
  13. Butch

    Butch Active Member Silver Stacker

    Joined:
    May 18, 2011
    Messages:
    2,584
    Likes Received:
    0
    Trophy Points:
    36
    Location:
    Australia
    I dont think its about silver. and I certainly dont believe you will ever see 15/1 ratio. Its all about gold guys, gold.
     
  14. Aengrod

    Aengrod Member

    Joined:
    Jan 23, 2011
    Messages:
    877
    Likes Received:
    1
    Trophy Points:
    16
    Location:
    Thingamajigland [Europe]
    ^ Its enough for me that another wrote about silver years ago ... even tho its a tiny market it will do well. I own gold, but certainly am not gold fetishist.
    And I bet, that he back then (14 years ago) had more knowledge of PM market that any of us wannabies.
     
  15. Black_Sun

    Black_Sun New Member

    Joined:
    Dec 10, 2011
    Messages:
    1,031
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    well, if you sell now at $30, and the price drops to $20, you can back up the truck & get 50% more silver than you have now. 50% more is a great deal. the price is at $30 now because of the manipulators. 50% more is a great deal.
     
  16. Diablo21

    Diablo21 Member

    Joined:
    Jun 22, 2011
    Messages:
    780
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Canada
    I'll sell when I need to, no matter what the price is.
     
  17. Photonaware

    Photonaware Active Member

    Joined:
    Nov 9, 2010
    Messages:
    1,125
    Likes Received:
    4
    Trophy Points:
    36
    Location:
    The Shires in England

    Hi fellow UK stacker.
    Who would you sell to during the dips ?
    Bullion dealers only pay spot price and not the 20% VAT you paid when you bought.
    Does that leave you with fee-Bay to sell ?
    Selling costs here take up to 15%.
    I can see how you can make profit buying and selling gold but silver is a tough call.
     
  18. scone

    scone Active Member Silver Stacker

    Joined:
    Mar 15, 2012
    Messages:
    1,569
    Likes Received:
    23
    Trophy Points:
    38
    Location:
    Tassie
    If I get a reasonable offer for my stack, its always for sale. Although I have made very little attempt to do so. More than likely it will be for the kids to decide once I'm gone. Hopefully they can swim through silos of bullion like Scrooge McDuck.
     
  19. BBQ

    BBQ Member

    Joined:
    Aug 29, 2010
    Messages:
    919
    Likes Received:
    16
    Trophy Points:
    18
    Location:
    Melbourne
    Has to pass $100 here. Or if I'm desperate for cash for something else. Otherwise it's staying. My stack isn't large enough to make it worthwhile selling at under that.

    I guess you can make a bit of money buying and selling on the volatility too, but I haven't attempted that.
     
  20. Guest

    Guest Guest

    $46..why so low?
     

Share This Page