Ride this out or continue to sell my silver to get some gold?

N

Nub Cannon

New Member
I sold some silver on Friday to get some gold, and I'm debating weather or not to switch a decent portion of my stack tomorrow into gold. What do you guys think?
 
Nub Cannon said:
I sold some silver on Friday to get some gold, and I'm debating weather or not to switch a decent portion of my stack tomorrow into gold. What do you guys think?
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Golds less risky.
 
So I decided some time back that Silver was for speculation and barter, whilst gold was for store of value.

That still seems fair to me.

If it makes sense to you decide what you want to achieve and act on it.
 
I have also sold some and bought gold recently. But now I am buying silver again. Sitting quiet now waiting and working on my next shopping list. :cool:
 
All my fiat is going into silver from this point on as gold is nothing but a "barbarous relic".
 
My suggestion would to ask yourself 'what's my investiment horizion?' i.e how long are you in the trade for?

Short term would suggest Gold, but don't think you can beat Silver for the long haul.
 
well short term, so I'm going gold tomorrow. I see that the GSR is going up a lot if it ends up back near the 50's or higher I might trade some gold for silver
 
A week is a long time in the silver trade. A goldmine one day silver the next.

Regards Errol43
 
STC said:
What are you selling? Sell it here!
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The thing is I want to sell it to my local metals dealer which is a 5 minute drive from my house, I want to make the sale of silver and purchase of gold quick ;)
 
The deed is done I sold the majority of my stack at $44 and $41and will buy back in later when the POS drops some more and I got some gold as well
 
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