When Does Selling Silver Actually Make Sense?
Video Overview & Insights
I talk about when I would sell my silver.
I'm holding mine for barter 😂
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Might be time to start “selling” to buy gold.
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I only got into stacking when I wanted to park money to save for buying the lot of land next to mine up north when it becomes available. I’ve made an extra $8k already from my investments and the guy says he wants to sell soon. So I will cash out for that.
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12 years ago I never had a goal in mind nor an exit strategy. But as I crossed 500 then 1000 oz’s I figured I’d stack and hold for retirement to use with my other investments programs. But I’m keeping the gsr trade for a couple ounces.
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Silver/gold should be primarily bought for the purpose of giving as inheritance to your children (Proverbs 13:22)
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Sold some silver to purchase 6 acres land. Still got a decent stack.
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I have seen Gold to Silver Ratio above 100. I am thinking of changing some silver for 1 troy oz of gold. Never selling
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I think I’d try to pawn a bit til I can pay it off ..
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Solid topic, I don’t plan on selling my silver, but I am a collector first stacker second. I also Coin Row Hunt, for the last four years. Recently, I converted all my 40% halves obtained through searching 550 pieces which I took that money and bought.Numismatic Coins Keep Stackin Bro
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hey buddy!! I love it. great vid. enjoying your content. I like silver as my day to day savings, and gold for wealth preservation. I like playing the gsr and playing alchemist, turning AG into AU hehe!
*DISCLAIMER*
‣ The information I provide is for educational and informational purposes only and should not be construed as financial advice or used as a substitute for professional financial advice. Any decisions you make based on the information I provide are at your own risk. Before making any financial decisions, it is important to consult a qualified financial advisor who can provide advice tailored to your specific circumstances.
If I can pay off my mortgage or buy land, that is when it is time to move some silver
More User Perspectives
I just sold 12 ounces this morning since I need to build up some hard cash. The silver I sold though, was brought when spot was $38-42 so I made good money off it. I don't plan on selling anymore silver and will keep stacking and hoarding like always
@MaineMax-jm4uwI'm a never sell person. Hoping I'll never need it, but it's always there for me in extreme situations as insurance.
@getx1951I will trade some silver for gold when the GSR is around 40 on the future 🎉
@Chasing-SleepWhen you need to always the best time but you should always take profits especially if you bought in at 20 you should take some profits
@ROADKIL80