Exit Strategy

Interested to hear some exit strategies.
Wait for a set spot and sell all.
Sell once you have made X amount over spot on that particular purchase.
Sell in increments as the price rises.

It seems that it's easy to buy but hard to sell.
Just throwing it out there.

 

Petro dollar breakdown... trigger

 

Problem is, do you want fiat for your precious metals?

 

Any buy is coupled to a sale.
Just throwing a logical fail here.

 

Interesting views, only looking to sell on the investment side, i.e. sell high to buy low again.

 

...buy coupled to a sale??

 

Mine is a mix of investment and insurance. The investment I will keep stacking, buying and selling. Insurance I never touch and add to by 10% of income monthly using an ETF.

 

irrespective of the price of PM's hedging against inflation of fiat in order to preserve wealth is my goal. If this includes profit taking in the process, well that is just a bonus. On the other hand I have the investment mindset and if i see opportunities i will take them.

 

Yes, yes I do.

I sure hope you're not suggesting we hold on to metal forever, that would be pointless.

I plan on one day selling and getting money to buy other things which would be less risky than overpriced silver.

 

Money, you mean currency right. The stuff you got in your wallet ( an IOU) is pretty much worthless. I will keep my silver thank you very much.

 

You don't buy your silver from the void, do you?

 

LOL you need to cut down on the Mike Maloney videos mate.

There is nothing risky about selling your silver for "currency" to then buy more stable assets or investments which are at a more fair price.

Even Mike Maloney doesn't suggest to hold on to your silver forever...

 

I would be looking to sell in increments on the way up to buy into another investment which by then would be undervalued, most likely shares, real estate, palladium or a combination but have no concrete price trigger set in stone. This of course would go out the window if finanical armageddon were to occur.

 

I couldnt help myself. :lol:

 

LOL you need to cut down on straw arguments mate.
He said 'keep the silver', there is a difference with 'hold forever'.
I will keep my silver just like I kept my euro's.
Now and then, upon needs, I will sell some.
Now and then, upon lack of needs, I will buy some more.
Just like is done with any money.
Maybe my average price will be as 'fair' as 'more stable assets or investments'.

 

My exit strategy is to wait until spot reaches the price I paid which is looking like never at the moment.

 

I intend to have my stack melted down and turned into a coffin that I will be buried in
the gold will be poured in on top and around me

 

We all have different ideas and plans, which is the right one, who the hell knows. But I sure sleep better knowing I have options, than having none at all. I just hope we all come out of any future crisis better off than if we did nothing at all.

 

I do hope your not alive while this is going on.

 

Haha.
You gave the ones you purchased from a succesful inflation hedge.
Maybe one day others will do you the same favor.
Silver from generation to generation.
The thing now is, you control it yourself.
I rather prefer that above watching another decade powerless how govts/bankers/their parasites spend my savings on what I produce, to inflict me then an either working-harder need either their planned purchasing power loss.
In 2008 people saw their purchasing price halving, to then doubling, to ultimately five folding.
The best that could happen to the silver market is people refusing to pay bloated (read: fat profits) prices and sell at dumped down (read: fat profits) prices.
Then more people will trust the silver market enough to join it, at the same time making the central planning crappers controlled theft environment smaller.