Whats your realistic selling price

B

BootyBandit

New Member
What is realistically your selling price for ALL your silver, for me if it hits $46/oz im selling everything I have in a heartbeat, which hopefully is this year :D
 
I really don't think i will ever sell all of my silver. I will leave as much as i can for the security of my family. I would be tempted to swap some for gold at a GSR of 30 which approximately half the 30 year average. I don't think of Silver as big trade or winner for me its just a small part of the investment picture. If I could only stop buying those pretty coins and stick to the bullion.

after saying all that if i see 100 bucks in the next couple of years it might change todays ideas :)
 
I would sell when the australian house price/silver ratio are closer to the below example, not nescesarily at any au$ value.
Will silver go up or house prices down? That's a whole other post ;)


Currently (December 2010): 423oz Gold, 20,221oz Silver

Sydney (Ounces to buy a house)
Precious Metals Peak (January 1980): 103oz Gold, 1811oz Silver
Housing Peak (February 2004): 1100oz Gold, 69,143oz Silver
Currently (December 2010): 481oz Gold, 22,947oz Silver


All credit for statistics to bullion baron
http://www.bullionbaron.com/2011/02/australian-housing-priced-in-gold-and.html
 
hotel 46 said:
price to sell. the only thing i like about the post is 46. with a sell price in your mind you are trying to make a profit. then you are of the train. goodbye,zoom gone :(

you should rather be thinking if i ever have to sell. my best time to sell for me. when i am dead.

the best gun in the world??????? the one in your hand if you should ever need it :)

and i have even bought at 46 :)
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OK then, fair deal... Maxwell Smart has asked me to ask you, if you would agree to $47 as a sell price?
 
the only reason i would sell at $46 is because it would most likely be from the manipulators and the price would probably drop back to $20 again to stock up the truck with twice as much as u had before ;)
 
Once GSR hit 1:15, then I will start to sell silver.
before that, if I really need cash, I'd rather sell gold.
and I won't sell gold before reasonable solution for US dept.
 
Ponzi said:
I would sell when the australian house price/silver ratio are closer to the below example, not nescesarily at any au$ value.
Will silver go up or house prices down? That's a whole other post ;)


Currently (December 2010): 423oz Gold, 20,221oz Silver

Sydney (Ounces to buy a house)
Precious Metals Peak (January 1980): 103oz Gold, 1811oz Silver
Housing Peak (February 2004): 1100oz Gold, 69,143oz Silver
Currently (December 2010): 481oz Gold, 22,947oz Silver


All credit for statistics to bullion baron
http://www.bullionbaron.com/2011/02/australian-housing-priced-in-gold-and.html
Click to expand...

I'd pose the question though, just because an asset was valuable (or popular) at one point in time, does that mean it will be popular again? Tulips in Europe in the 1600's comes to mind as an example. Perhaps because of change in dynamics such as the Australia population always getting larger and no more land being created, property prices will out perform silver into the future? Just some thoughts.
 
I agree with booty bandit, why not sell some of your silver when its high. Then cash back in when its low.

For example if you brought 100oz at $20 then sold 50oz at $40 then you have made your money back + you have 50oz of silver, and some cash to invest back into silver when it comes back down. A risky tactic it may be, but if it pays off its well worth the risk.
 
I dont think its about silver. and I certainly dont believe you will ever see 15/1 ratio. Its all about gold guys, gold.
 
^ Its enough for me that another wrote about silver years ago ... even tho its a tiny market it will do well. I own gold, but certainly am not gold fetishist.
And I bet, that he back then (14 years ago) had more knowledge of PM market that any of us wannabies.
 
BootyBandit said:
the only reason i would sell at $46 is because it would most likely be from the manipulators and the price would probably drop back to $20 again to stock up the truck with twice as much as u had before ;)
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well, if you sell now at $30, and the price drops to $20, you can back up the truck & get 50% more silver than you have now. 50% more is a great deal. the price is at $30 now because of the manipulators. 50% more is a great deal.
 
deanpeters said:
I agree with booty bandit, why not sell some of your silver when its high. Then cash back in when its low.

For example if you brought 100oz at $20 then sold 50oz at $40 then you have made your money back + you have 50oz of silver, and some cash to invest back into silver when it comes back down. A risky tactic it may be, but if it pays off its well worth the risk.
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Hi fellow UK stacker.
Who would you sell to during the dips ?
Bullion dealers only pay spot price and not the 20% VAT you paid when you bought.
Does that leave you with fee-Bay to sell ?
Selling costs here take up to 15%.
I can see how you can make profit buying and selling gold but silver is a tough call.
 
If I get a reasonable offer for my stack, its always for sale. Although I have made very little attempt to do so. More than likely it will be for the kids to decide once I'm gone. Hopefully they can swim through silos of bullion like Scrooge McDuck.
 
BootyBandit said:
What is realistically your selling price for ALL your silver, for me if it hits $46/oz...
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Has to pass $100 here. Or if I'm desperate for cash for something else. Otherwise it's staying. My stack isn't large enough to make it worthwhile selling at under that.

I guess you can make a bit of money buying and selling on the volatility too, but I haven't attempted that.
 
BootyBandit said:
What is realistically your selling price for ALL your silver, for me if it hits $46/oz im selling everything I have in a heartbeat, which hopefully is this year :D
Click to expand...

$46..why so low?
 
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