Silver at $24.00: buy, sell or hold?
- Thread starter swoydaz
- Start date
Buy
TreasureHunter
Well-Known Member
Hold.
You can wait at least until 40 $ to sell. But if you have patience, it might hit 50 $, 75 $, even in 6-7 years. It all depends on global economic trends. Watch the dollar's value, watch the industrial consumption of silver closely.
You can wait at least until 40 $ to sell. But if you have patience, it might hit 50 $, 75 $, even in 6-7 years. It all depends on global economic trends. Watch the dollar's value, watch the industrial consumption of silver closely.
Pirocco
Well-Known Member
When silver was at $19.5 wasted my most recent chunk euro savings.
I have no euro's left.
If I would win the lottery now, I'd wait again for $19.5, depending on the evolution of silver stocks around and Comex position and some other things. So at the moment, I don't know. Time and data will tell.
And despite some claiming it, I doubt enough will be willing to pay $24 for it. In other words: we won't see it. At least at current inflation rate.
I have no euro's left.
If I would win the lottery now, I'd wait again for $19.5, depending on the evolution of silver stocks around and Comex position and some other things. So at the moment, I don't know. Time and data will tell.
And despite some claiming it, I doubt enough will be willing to pay $24 for it. In other words: we won't see it. At least at current inflation rate.
Court Jester said:
Its going to be hilarious when these people look soooo stupid for falling for some so god damn stupid.. (unless u sell now).. esp x stackers who sold and went with something that goes completly against every reason they go into silver in the first place.
ego2spare said:
not necessarily
My philosophy is still the same. Except I am now stacking PC gear instead of silver and gold.
With my mining farm I am buying a PHYSICAL asset that will hold a value even if the crypto market bubble pops.
I am not just simply spending my hard earned $$ on the digital currency alone with nothign physical to show for my $$ spent. I dont like that much risk.
Hold.....
worldbubble
Active Member
too high was at 49 ))
Do what I did and forgot I even had silver as an asset for a while there :lol: