hotel 46 said:
now you dont have to be a rocket scientist but lets relate silver to cars for an easy conversion. how many people can afford to pay cash in aus for a 10 k car????? and then ask yourself who can afford to buy 3kg's when they are 10k???? so you got some bricks.... a 100 oz is not a brick, a 1000oz is. that will put them at 90k assuming 90$ silver for when you want to sell. so how many people will then with devaluation and inflation will be able to eat let alone buy kg's. so you got to look at who will buy your stack should you ever want to offload it. the higher silver goes the less buyers in numbers will be around for kg's. 10oz now she will have a lot more buyers and we wont even mention 50 c. mr big only dealer will eat your lunch when you come to sell. :lol:
Well, you see, if silver ever goes to $90 an ounce, it will be at that price because people ARE buying it for that price.
But if we imagine a deflation or inflation scenario, you can't even compare it to what you are seeing now.
You're comparing selling a big bar in a crisis based on the knoweldge of how they are selling in current conditions.
If fiat goes to hell, then I'm not going to have many problems offloading my stack.
And I'll most likely be doing it at a dealer or an institution in one big transaction.
The reason I say this is that I suspect that when silver reaches its peak, it will only be there very briefly.
I don't want to be caught trying to sell small amounts to various people when the price is sliding back down.
Selling takes time you may not have and you may be better off selling everything at the top for less than spot rather than selling at spot as it's coming down.
In the end, we'll see who had the better strategy.
It may be we're all wrong and silver goes back to $5.
In that case it was all academic.
It may be that it goes a lot higher and we all see good returns, in which case who cares because everyone made a profit.