Would you?

Discussion in 'Silver Coins' started by TheBullionBoss, Jul 10, 2012.

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  1. TheBullionBoss

    TheBullionBoss Member

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    would you sell your entire stack today if someone offered you double the current spot per ounce?

    *****forgot to mention......the condition is you can not buy back in to PM for 5 years********
     
    TheBullionBoss, Jul 10, 2012
    #1
  2. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    Of course, then go and buy twice as much as you had with the money :)

    Who wouldn't do this?

    EDIT: In that case NO !!
     
    SilverSurfer77, Jul 10, 2012
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  3. steve.rsa

    steve.rsa Member Silver Stacker

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    Yup, and then I'd buy double the oz again. Double spot should cover all previous purchases.

    Edit: hmmm, with that provision it's a tough one.
     
    steve.rsa, Jul 10, 2012
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  4. dex

    dex Active Member Silver Stacker

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    if they're no conditions associated with the deal, then yes.

    EDIT: Not under that condition, i would probably say yes for 1 year temporary suspension though.
     
    dex, Jul 10, 2012
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  5. mmm....shiney!

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

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    Silver yes, gold no.
     
    mmm....shiney!, Jul 10, 2012
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  6. thatguy

    thatguy Active Member

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    No, would rather drive around without insurance
     
    thatguy, Jul 10, 2012
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  7. TheBullionBoss

    TheBullionBoss Member

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    yeah forgot to add the condition in LOL
     
    TheBullionBoss, Jul 10, 2012
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  8. goldpelican

    goldpelican Administrator Staff Member

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    Nope.

    Based on silver in AUD returning an average 13% over the last 10 years, and gold returning 11%, I would expect my stack to double in five years anyway.

    If not more.

    Divide those figures into 70 to see the expected time to double.
     
    goldpelican, Jul 10, 2012
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  9. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    No.

    I don't need the cash for anything right now and I think spot silver could easily double within 5 years.
     
    Big A.D., Jul 10, 2012
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  10. Aureus

    Aureus Active Member Silver Stacker

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    Yup, I would.
     
    Aureus, Jul 10, 2012
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  11. revlisify

    revlisify Member Silver Stacker

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    I "might".

    Then pass all the money to my wifey to double it back.
     
    revlisify, Jul 10, 2012
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  12. goldpelican

    goldpelican Administrator Staff Member

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    Just realised this question would have vey different answers based in your average entry cost.

    To someone who bought in at $45+ in April 2011, it would be a no brainer.
     
    goldpelican, Jul 10, 2012
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  13. mmm....shiney!

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

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    Take the money and run? :p
     
    mmm....shiney!, Jul 10, 2012
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  14. TheBullionBoss

    TheBullionBoss Member

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    and never return
     
    TheBullionBoss, Jul 10, 2012
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  15. mmm....shiney!

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

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    No I'd take the money, fly overseas and buy PM's there. beyond the reach of your special "conditions" :lol:
     
    mmm....shiney!, Jul 10, 2012
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  16. SilverSanchez

    SilverSanchez Active Member

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    Deal or No Deal?

    x NO DEAL!
     
    SilverSanchez, Jul 10, 2012
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  17. Aureus

    Aureus Active Member Silver Stacker

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    My average is low, I just think getting over $50/oz is going to be extremely difficult. Not only that but $3100 gold ain't bad either.

    But then I'm primarily in PMs to make fiat to buy land, I don't think we're going to the moon with Silver.
     
    Aureus, Jul 10, 2012
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  18. unfunkable

    unfunkable Active Member

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    hell yeah I would...
     
    unfunkable, Jul 10, 2012
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  19. iceblue

    iceblue Well-Known Member

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    No not in the current climate.
    If there was somewhere safe to park the cash for 5 years making it work i would.
     
    iceblue, Jul 10, 2012
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  20. anonmiss

    anonmiss Active Member Silver Stacker

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    Id pass on this one, in my plan for the stack 5 years is short time so i'd rather hold and see where the ride goes. If after five years its not profitabil enough to sell then holding for longer is no issue.
    I guess the answer depends on if you have a long term silver statergy or a slightly shorter one, mines way long. Maybe thats because i'm so young i can aford to think long term. :lol: :lol: :lol: :lol: :lol:
     
    anonmiss, Jul 10, 2012
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