Exit strategy .... what will you buy ?

Discussion in 'General Precious Metals Discussion' started by southerncross, Aug 26, 2012.

Page 1 of 2
  1. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,686
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    All in your mind
    When it is time to exit gold and silver, how do you plan on selling (swapping?) and where too next ? Realestate, farming land, shares, boats, honey ? Do people have a particular asset class that they are aiming for or will you just snap up whatever is deemed undervalued at that time? Will currency enter into the equation ?

    Just wondering
     
    southerncross, Aug 26, 2012
    #1
  2. Argentum

    Argentum Well-Known Member

    Joined:
    Nov 7, 2010
    Messages:
    1,970
    Likes Received:
    40
    Trophy Points:
    48
    Location:
    Australia
    ideally trade it in for half of switzerland and build myself a nice cottage in the alps and enjoy the view over a hot choc
     
    Argentum, Aug 26, 2012
    #2
  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,809
    Likes Received:
    2,602
    Trophy Points:
    113
    Location:
    here there everywhere
    Personally I'd buy Greece ,as I have Drachma's as well :lol: :lol: :lol:
     
    spannermonkey, Aug 26, 2012
    #3
  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,691
    Likes Received:
    4,454
    Trophy Points:
    113
    A business that will provide a source of revenue in my old age and one that we can still work 2 or 3 days a week. It would probably be in primary production or hospitality.
     
    mmm....shiney!, Aug 26, 2012
    #4
  5. bordsilver

    bordsilver Well-Known Member Silver Stacker

    Joined:
    May 23, 2012
    Messages:
    8,717
    Likes Received:
    304
    Trophy Points:
    83
    Location:
    The rocks
    +1 - especially if debt free and 100% funded by equity.
     
    bordsilver, Aug 26, 2012
    #5
  6. mickjohn

    mickjohn New Member

    Joined:
    Jul 29, 2010
    Messages:
    615
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Canberra
    Tulips.

    1637 was the last bull run and adjusted for inflation I believe it is going to the moon.

    My theory:
    Girls want Tulips
    Boys want Girls (generally)
    Boy buys Tulip.
    repeat until mania.

    DYOR.
     
    mickjohn, Aug 26, 2012
    #6
  7. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,686
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    All in your mind

    Why half of Switzerland when you could get the whole of Tasmania for less than half the same price ? :lol:



    I think Greece may be under contract already M8.





    Nice ! The missus like's horses, [​IMG]
     
    southerncross, Aug 26, 2012
    #7
  8. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    I'm thinking a Lamborghini. Why? you may ask. Because it makes more sense than carbon credits. In fact, maybe they'll pay me carbon credits not to drive it.
     
    willrocks, Aug 26, 2012
    #8
  9. scone

    scone Active Member Silver Stacker

    Joined:
    Mar 15, 2012
    Messages:
    1,569
    Likes Received:
    23
    Trophy Points:
    38
    Location:
    Tassie
    I just want a Bertram 28 in nice condition. Then I'm happy :)
     
    scone, Aug 26, 2012
    #9
  10. boston

    boston Well-Known Member Silver Stacker

    Joined:
    Jul 7, 2009
    Messages:
    3,857
    Likes Received:
    24
    Trophy Points:
    48
    Location:
    Australia
    Done. You take the top half, and I will take the lower half.
     
    boston, Aug 26, 2012
    #10
  11. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    I make Captain Turk an offer for the good ship SS provided he threw in all the rum, coconuts and limes.

    I like to hire all the crew as well so that we could have a huge party..and talk of the days of cheap silver.

    Then I would set sail for the Caymans with no tax to pay.

    Regards Errol 43
     
    errol43, Aug 26, 2012
    #11
  12. STC

    STC Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    1,172
    Likes Received:
    271
    Trophy Points:
    83
    Location:
    Perth
    Trade silver GSR into gold, it's safer to hold. So I want to keep buying silver while it's on sale then swap to an Agrade asset like gold (its not an industrial metal). I figure gold will hold its own any old time, even during (or especially) in a shtf situation.
    Gold can then be traded for WHY. Probably a beach house & fast cars, hopefully not bread at the end of a line.

    The most important endgame move is simply to SELL before everyone else. I will try. But if I was left holding the ball so to say I hope the ball is gold.
     
    STC, Aug 26, 2012
    #12
  13. unfunkable

    unfunkable Active Member

    Joined:
    Feb 7, 2011
    Messages:
    1,017
    Likes Received:
    0
    Trophy Points:
    36
    Location:
    Canberra
    Ferrari
     
    unfunkable, Aug 26, 2012
    #13
  14. ShadowPeo

    ShadowPeo Member Silver Stacker

    Joined:
    Mar 29, 2012
    Messages:
    251
    Likes Received:
    13
    Trophy Points:
    18
    Location:
    Melbourne, Australia
    Rural Land (preferably with a lease already in place), commercial property, but I will be trading in mine to get neither (I hope)
     
    ShadowPeo, Aug 26, 2012
    #14
  15. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    Waterfront condo... just got to get to my 3oz target before moon shot :p

    But seriously

    Farms land and dividend paying shares
     
    thatguy, Aug 26, 2012
    #15
  16. Dogmatix

    Dogmatix Active Member

    Joined:
    Jun 22, 2011
    Messages:
    1,730
    Likes Received:
    14
    Trophy Points:
    38
    Location:
    Gaul (Australia)
    What's an exit strategy? ;)

    I think it depends if you believe this is a speculative bubble or not.

    If not, then an exit strategy is called "trading" or "exchanging" for goods/services as desired.

    Depends a lot on perspective I guess.
     
    Dogmatix, Aug 26, 2012
    #16
  17. Nukz

    Nukz New Member

    Joined:
    Oct 2, 2010
    Messages:
    543
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    I'm sure there will be a new bubble by that stage some eco crap? Internet 2? I somehow don't think we will see another boom in real-estate for a long time.
     
    Nukz, Aug 26, 2012
    #17
  18. worldbubble

    worldbubble Active Member

    Joined:
    Apr 10, 2012
    Messages:
    1,666
    Likes Received:
    14
    Trophy Points:
    38
    Location:
    Japan
    I plan to swap each 100 oz of silver I have for land + house ... no less ))
     
    worldbubble, Aug 26, 2012
    #18
  19. Lovey80

    Lovey80 Well-Known Member

    Joined:
    May 9, 2011
    Messages:
    2,322
    Likes Received:
    94
    Trophy Points:
    63
    Location:
    Sunshine Coast, QLD
    Hard to have an exit strategy for an insurance policy. I suspect if my PM's are very valuable I will be exchanging them for what ever will replace my cash flow generation avenue when SHTF.
     
    Lovey80, Aug 26, 2012
    #19
  20. Argentum

    Argentum Well-Known Member

    Joined:
    Nov 7, 2010
    Messages:
    1,970
    Likes Received:
    40
    Trophy Points:
    48
    Location:
    Australia
    i'm assuming things will be really bad when "it hits da moon" the question is who will be selling land at that time. Its like someone selling their last cup of water in a desert for 10 oz of gold. Without that water you'll never be able to enjoy that gold. I think we need to have 2nd and 3rd option for what to exchange our pms for when the time comes
     
    Argentum, Aug 26, 2012
    #20
Page 1 of 2

Share This Page