At what price are you selling?
- Thread starter SilverDJ
- Start date
Sold 10kg of unallocated in my SMSF.
Back in Feb 2016 I swapped 3oz of unallocated gold (@$1,722/oz) for 8kg of silver (@$706/kg). Four days ago I traded that silver along with some other already sitting in the account (@$40/oz). I was planning on waiting for the GSR to switch so I could trade it back for gold but I felt this was a good time to make a bit of money on the current prices. If it goes up higher then I still have more to sell from the SMSF.
Also sold 60oz more silver to the same dealer I sold the last 180oz to, he got a discount @$37/oz while the spot was $40. So on balance I am happy with those deals too.
If it goes higher then I will sell some more.
If it goes lower I don't think I will buy back in, I have plenty of exposure to silver presently.
I will be keeping my collection of cleaned world junk silver though, that will be the hardest to sell and the only silver I really like.
Back in Feb 2016 I swapped 3oz of unallocated gold (@$1,722/oz) for 8kg of silver (@$706/kg). Four days ago I traded that silver along with some other already sitting in the account (@$40/oz). I was planning on waiting for the GSR to switch so I could trade it back for gold but I felt this was a good time to make a bit of money on the current prices. If it goes up higher then I still have more to sell from the SMSF.
Also sold 60oz more silver to the same dealer I sold the last 180oz to, he got a discount @$37/oz while the spot was $40. So on balance I am happy with those deals too.
If it goes higher then I will sell some more.
If it goes lower I don't think I will buy back in, I have plenty of exposure to silver presently.
I will be keeping my collection of cleaned world junk silver though, that will be the hardest to sell and the only silver I really like.
well that didnt last long
down down silver is down how low low low will it go go og
down down silver is down how low low low will it go go og
Lol that’s like leaving the party when the band’s singer says ‘testing’ into the mic
SilverSurferNan
New Member
One of the MAIN reasons why just about everyone it would seem wants to destroy POTUS is they know that he will destroy the FED. He WILL return America to the gold standard. Australia will be part of that along with India, UK, Japan, and others. The FED is back in the hands of the TREASURY only this year. Powell (head of Fed) is a globalist. Trump has said for years that interest rates should be 0 to help the little man as he got the economy going. He was insistent for ages and dug at Powell to reduce the rates way down. Where are they today?? The Treasury now controls the rates and the Fed. Step ONE. People are screaming about the amount of money he is spending. There is a reason for that. He’s running up debt DELIBERATELY. Why? Who owns the debt or should I say who lends to the Gov? The GLOBALISTS. What will happen when the USA goes back on the gold standard? The debt owed to the globalists will be WIPED. How? Why? Because when the FED came into existence in 1913, it was done ILLEGALLY. So what about personal debt? It will be WIPED too. Look up GESARA/NESARA. Some of the points can be very wishy washy, new age and all that but a new monetary system will be ushered in and possibly in the next year or two. The next push by POTUS is INFRASTRUCTURE. There will be work everywhere, especially that China is on the nose. Countries are already preparing. Do you think Scot Morrison is aware? Is he running up debt too? This is not like a Conservative party to be spending like they are. He knows. America are our greatest ally. At this very minute the USA are protecting our northern coastline. Australians are not aware that POTUS has sent 2 aircraft carriers and THEIR FLEETS just recently into the Spratley Island areas. They already had 1 carrier and their fleets in place. Britain also have sent a carrier. On top of that there are thousands of US Marines stationed in WA/NT. Trump is replicating what Reagan did to USSR. He collapsed their financial system. Trump is now in the process of doing that to China. ALL of the Democrats are funded by China. Many RINOs too. Same as Hollywood. Have you noticed how the themes of movies now are China centred? Because they own the studios. They own the uni’s, the colleges and have infiltrated many tech. companies stealing info. Trump is putting an end to that. Why do you think Trump is pushing Space Force? The new monetary system will be protected from the globalists and the likes of China etc. by an ‘out of space’ system. Printing money will end. Keeping the little man and small business in never ending debt will also end. Before any change like this happens, he needs to clean out those that have gorged off the taxpayers for decades. The corruption is deep and vile. I believe soon, very soon when FISA comes down, the world will be shocked beyond belief what these evil people have been involved in. Epstein was bad, but these people are evil. https://www.coreysdigs.com/
how long can the gold last for? 2-4 years at most ?
debt get wiped? got to be kidding, when you borrowed money and not pay back, you will be forced to eat nuclear war heads
what the lenders will do is kill your children, your wifes and then kill you, may be the lenders would use some killer drones to target you (that is when they go easy on you)
there is no government, no law... total enslavement
when the world got broken into two parts, sea sections and land mass (EurAsia that is one giant continent) would continue to exist, the economy is big enough without (US 5 eyes)
it could be many years after us
debt get wiped? got to be kidding, when you borrowed money and not pay back, you will be forced to eat nuclear war heads
what the lenders will do is kill your children, your wifes and then kill you, may be the lenders would use some killer drones to target you (that is when they go easy on you)
there is no government, no law... total enslavement
when the world got broken into two parts, sea sections and land mass (EurAsia that is one giant continent) would continue to exist, the economy is big enough without (US 5 eyes)
it could be many years after us
Eurasia? Sorry, it is the Asian century. Not Eurasia. I’m not trying to be sarcastic but this is the truth. If you look at how technologies are developing, energy is going to be very cheap and probably free in less than 30 years. This will be a big boost for the economies of South east Asia, India, China and Japan.
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That is probably one of the craziest and most paranoid posts I've read since the bushfire thread.
Pirocco
Well-Known Member
Never. Might. I think. Now.
Those are the most frequently used words in Australian soaps, help me, at which season sits Home And Away now?
Pirocco
Well-Known Member
Lol that's the singer of the next band.
The main act called bitcoin
shinymetal
Well-Known Member
I get the feeling advertising a website that sells them in the reason behind it.
I'm good with regular old bullion.
I'm good with regular old bullion.
I havent stopped buying but have sold some cryptos haha.
Sell metals? Dont think I will do that.
Sell metals? Dont think I will do that.
nicotineandcaffeine
Active Member
In regards to silver I am at present only concentrating on selling numismatic silver coins those which I can sell for double and triple spot price, and reinvesting
the money in cheaper bullion silver, that is one way to increase the stack and have some fun in the process.
I've generally done the opposite - sorting the strongest numismatic, selling weaker numi for stronger and selling bullion. My rationale is asset price is ripping through most things except bullion and bullion's missing out probably because combination of expected deflation and cryptocurrency.
Not agrainst bullion at all, just think it's buying high here.