Time to sell some silver?

Always a good time to sell, always a good time to buy.
I always end up selling just a little less than i buy though and it is amazing how quickly those add up.
I think more stackers should start to treat silver and gold like the commodity that it is.
Doing this you can continue to accumulate , but at the same time build the relationships AND THE KNOWLEDGE for when you sell.

 

This is honestly the best answer.

The problem most of us stack is because in a sense we are protecting ourselves from a possible collapse and we think silver will climb and if any of us has equity in the market, the equities will spiral down. The commodity is hedged against our equities.

If we were all able to guess the best time to sell at High's and buy on a pull back, we would all be millionaires. Best time recently to sell over the last few days was when silver was 20.50's+ and best time to buy could be now (soon).

Good luck to your decision. I'm keeping mine and being cautious with my investments in equities.

 

In my opinion don't be afraid to use your stack as a private bank ie kids need shoes
Yes I have done this,only take out what you need cause it takes forever to get your levels back up

 

I guess but for me the whole point of buying PM's was to stop impulse buying and to grow my savings faster (which it definitely has!)

 

That's a nice graph Pirocco,

Since Australia will be cutting the interest rate further, I guess it is not the best time to buy this year :| ?

Or shall we buy before US election ?

 

Good to see that it's at least above USD $19, but with Yellen doing her speech on Friday, i don't know how long this will last

 

Ok I think I've decided, if silver falls beneath $18, I shall say goodbye to half the stack

 

WHY take a loss ? :/

 

:| It'scalled stop loss technique.

 

The recent fall has prompted me to suspend my modest purchases because my gut tells me it will fall further.

I am probably wrong!

 

I think you are probably right. :| .............
That is, you are probably not wrong :| :| :|
Bah! Y'know what I mean.

 

LOL

 

:lol: You saw that too huh? :lol:
I was trying to be serious dammit. :lol:

 

That's a stock market term
And that's the problem , people treating bullion in the same way :/

 

spannermonkey,

So how do I suppose to treat PM's or bullion ?
is it the opposite of the stock market or the Bond market ?

 

Neither
Bullion is a beast all on it's own

 

What would you do?

 

That advise would cost you
Everything you have
And twice as much as you wish you had

All I will say is
Your looking at it all wrong

 

Hm... so what should we do now ?
hold it for a little bit longer because this is just to shake the weak hands ?

Clearly someone dump it for some reason: http://www.zerohedge.com/news/2016-08-24/someone-just-puked-15-billion-notional-gold

 

I hope you're not wrong so we can all buy bulk