Anyone else holding Sterling Silver and waiting on the price to go up?

[SEANO]

Anyone else holding Sterling and waiting on the price to go up?

I think I now have 4-5lbs now. Everytime it looks like we might have a good run on the silver price it crashes back down. Friday was no help. Last time I sold at $41 an oz and that was a long time ago. Read a lot of articles and have seen CNBC price calls from the so called "experts" that its going to $50, even by the end of the year, doesn't look promising. You would think with all the money printing by the Feds it would start moving up?? Well, waiting on a rally some day I hope.

 

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[Sandman]

Doesn't matter in the long run as a couple months later it might be higher and you'd kick yourself for not waiting.

 

[creeper71]

David Morgan Top silver adviser seems to this is is going to go higher early part of 2013

 

[drbecker]

Yes I am sitting on a couple hundred ounces, was about ready to sell when it was $49 and ounce waiting for it to get back near $50.

 

[clorox]

I sell when I need the cash. I'm making money whether the price is $20 or $40 an ounce, so I don't worry about it too much.

 

[bradyboy]

I wouldnt wait for a rally
Im not expecting any real spike -
take the cash and run
I had several hundreds of Ounces of ingots and eagles I collected and stored in my safe, bought on average at 9 - 10 bucks an ounce aprox 10 yrs ago
last year I sold nearly all of it at 42 oz to a flea market coin dealer - then the prices dropped like a rock less than 60 days later
I would take the money and run
Brady