At what price are you selling?

Discussion in 'Silver' started by SilverDJ, Aug 5, 2020.

?

At what price will you start selling? (AUD)

  1. NOW

    8 vote(s)
    8.0%
  2. $38

    1 vote(s)
    1.0%
  3. $40

    5 vote(s)
    5.0%
  4. $42

    3 vote(s)
    3.0%
  5. $44

    3 vote(s)
    3.0%
  6. $46

    2 vote(s)
    2.0%
  7. $48

    3 vote(s)
    3.0%
  8. $50

    15 vote(s)
    15.0%
  9. Way over $50

    55 vote(s)
    55.0%
  10. NEVER

    5 vote(s)
    5.0%
  1. Jason1

    Jason1 Well-Known Member

    Joined:
    Aug 9, 2019
    Messages:
    912
    Likes Received:
    994
    Trophy Points:
    93
    Location:
    Qld
    The problem with the whole sell when im broke or need cash thing.
    There is very little chance you get sick or broke when prices are high. You may find your forced to sell in a dip or at a loss. Always stack cash as well for that reason.
    Selling opportunities arent always there when you need it, usually they are small windows. Just keep that in mind, using speculative investments as your main savings base or security against sickness, old age or brokeness is More than a little risky.
    The best protection against emergencies is having actual savings to begin with.
     
    sgbuyer, Gazza79 and Holdfast like this.
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    9,813
    Likes Received:
    1,099
    Trophy Points:
    113
    Location:
    Australia
    ^And the stack perhaps needs to be seller friendly.
     
    radiobirdman likes this.
  3. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,962
    Likes Received:
    149
    Trophy Points:
    63
    Location:
    EUSSR
    Ladies and Gentlemen, next question:
    At what price are you buying back in?
     
    wrcmad and Oddjob like this.
  4. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,820
    Likes Received:
    597
    Trophy Points:
    113
    Location:
    Australia
    Sold 10kg of unallocated in my SMSF.

    Back in Feb 2016 I swapped 3oz of unallocated gold (@$1,722/oz) for 8kg of silver (@$706/kg). Four days ago I traded that silver along with some other already sitting in the account (@$40/oz). I was planning on waiting for the GSR to switch so I could trade it back for gold but I felt this was a good time to make a bit of money on the current prices. If it goes up higher then I still have more to sell from the SMSF.

    Also sold 60oz more silver to the same dealer I sold the last 180oz to, he got a discount @$37/oz while the spot was $40. So on balance I am happy with those deals too.

    If it goes higher then I will sell some more.

    If it goes lower I don't think I will buy back in, I have plenty of exposure to silver presently.

    I will be keeping my collection of cleaned world junk silver though, that will be the hardest to sell and the only silver I really like.
     
    wrcmad likes this.
  5. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,552
    Likes Received:
    263
    Trophy Points:
    83
    Location:
    Gold Coast QLD
    well that didnt last long
    down down silver is down how low low low will it go go og
     
  6. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    1,329
    Likes Received:
    850
    Trophy Points:
    113
    Location:
    Idaho
    Lol that’s like leaving the party when the band’s singer says ‘testing’ into the mic
     
    BlackSheep likes this.
  7. tongkat

    tongkat Active Member Silver Stacker

    Joined:
    Apr 8, 2018
    Messages:
    326
    Likes Received:
    175
    Trophy Points:
    43
    Location:
    SE Queensland, Australia
    Time to let the core stack go and wait (or not) for the bottom again.
     
  8. SilverSurferNan

    SilverSurferNan New Member

    Joined:
    Jun 28, 2013
    Messages:
    22
    Likes Received:
    19
    Trophy Points:
    3
    Location:
    Australia
    One of the MAIN reasons why just about everyone it would seem wants to destroy POTUS is they know that he will destroy the FED. He WILL return America to the gold standard. Australia will be part of that along with India, UK, Japan, and others. The FED is back in the hands of the TREASURY only this year. Powell (head of Fed) is a globalist. Trump has said for years that interest rates should be 0 to help the little man as he got the economy going. He was insistent for ages and dug at Powell to reduce the rates way down. Where are they today?? The Treasury now controls the rates and the Fed. Step ONE. People are screaming about the amount of money he is spending. There is a reason for that. He’s running up debt DELIBERATELY. Why? Who owns the debt or should I say who lends to the Gov? The GLOBALISTS. What will happen when the USA goes back on the gold standard? The debt owed to the globalists will be WIPED. How? Why? Because when the FED came into existence in 1913, it was done ILLEGALLY. So what about personal debt? It will be WIPED too. Look up GESARA/NESARA. Some of the points can be very wishy washy, new age and all that but a new monetary system will be ushered in and possibly in the next year or two. The next push by POTUS is INFRASTRUCTURE. There will be work everywhere, especially that China is on the nose. Countries are already preparing. Do you think Scot Morrison is aware? Is he running up debt too? This is not like a Conservative party to be spending like they are. He knows. America are our greatest ally. At this very minute the USA are protecting our northern coastline. Australians are not aware that POTUS has sent 2 aircraft carriers and THEIR FLEETS just recently into the Spratley Island areas. They already had 1 carrier and their fleets in place. Britain also have sent a carrier. On top of that there are thousands of US Marines stationed in WA/NT. Trump is replicating what Reagan did to USSR. He collapsed their financial system. Trump is now in the process of doing that to China. ALL of the Democrats are funded by China. Many RINOs too. Same as Hollywood. Have you noticed how the themes of movies now are China centred? Because they own the studios. They own the uni’s, the colleges and have infiltrated many tech. companies stealing info. Trump is putting an end to that. Why do you think Trump is pushing Space Force? The new monetary system will be protected from the globalists and the likes of China etc. by an ‘out of space’ system. Printing money will end. Keeping the little man and small business in never ending debt will also end. Before any change like this happens, he needs to clean out those that have gorged off the taxpayers for decades. The corruption is deep and vile. I believe soon, very soon when FISA comes down, the world will be shocked beyond belief what these evil people have been involved in. Epstein was bad, but these people are evil. https://www.coreysdigs.com/
     
    shinymetal likes this.
  9. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    9,616
    Likes Received:
    2,391
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    how long can the gold last for? 2-4 years at most ?
    debt get wiped? got to be kidding, when you borrowed money and not pay back, you will be forced to eat nuclear war heads
    what the lenders will do is kill your children, your wifes and then kill you, may be the lenders would use some killer drones to target you (that is when they go easy on you)
    there is no government, no law... total enslavement
    when the world got broken into two parts, sea sections and land mass (EurAsia that is one giant continent) would continue to exist, the economy is big enough without (US 5 eyes)
    it could be many years after us :p
     
    whay likes this.
  10. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,683
    Likes Received:
    1,503
    Trophy Points:
    113
    Location:
    Singapore
    Eurasia? Sorry, it is the Asian century. Not Eurasia. I’m not trying to be sarcastic but this is the truth. If you look at how technologies are developing, energy is going to be very cheap and probably free in less than 30 years. This will be a big boost for the economies of South east Asia, India, China and Japan.
     
    Last edited: Aug 13, 2020
  11. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    20,475
    Likes Received:
    3,555
    Trophy Points:
    113
    Location:
    昆士蘭
    That is probably one of the craziest and most paranoid posts I've read since the bushfire thread.
     
    heartastack likes this.
  12. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,962
    Likes Received:
    149
    Trophy Points:
    63
    Location:
    EUSSR
    Never. Might. I think. Now.
    Those are the most frequently used words in Australian soaps, help me, at which season sits Home And Away now?
     
  13. Pirocco

    Pirocco Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    4,962
    Likes Received:
    149
    Trophy Points:
    63
    Location:
    EUSSR
    Lol that's the singer of the next band.
     
  14. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,552
    Likes Received:
    263
    Trophy Points:
    83
    Location:
    Gold Coast QLD
    The main act called bitcoin
     

Share This Page