Silver spot dropping, are you getting the itch to sell?

Sell? Ha.. Getting the itch to buy!
 

From May of this year through the middle of August, the price hovered below $30. From September 5th continuing through to the end of October, the price was north of $32. There will be peaks and troughs in this hobby. Stay educated on items like inflation, as this will be directly correlated to the price of commodities.
 

I never sell. My sell point, if I were to ever sell, is something like $48/oz. I'd sell half then.
 

I'm waiting for about $35-$40/oz to sell all of my 35% war nicks and buy silver dimes with the profits, but I'm not in a hurry to sell.
 

sheepdog_tx said:
Been dropping, nearly $5 down from spot a few weeks ago. Starting to worry it might drop back down in the 20s or lower :o
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Why would you sell while it's Dropping ?
do you think it will get so low, You'll owe money on it ? :tongue3:

as long as it's physical silver it's physical silver.

Sell at $6500.00
 

With the QE3 stimulus in full swing, the price should hopefully drop a lot more for a couple years.. When it does you can bet I will buy up as much as I can.. Why would I sell my savings in silver for paper currency.. With Obama reelected the spending will do nothing but rise.. Don't trade in your metals for fiat currency..
 

I hope it dips, we won't get many more opportunities as we approach interstate 26-T
 

ColonialCravings said:
With the QE3 stimulus in full swing, the price should hopefully drop a lot more for a couple years.. When it does you can bet I will buy up as much as I can.. Why would I sell my savings in silver for paper currency.. With Obama reelected the spending will do nothing but rise.. Don't trade in your metals for fiat currency..
Click to expand...

Government money printing actually increases the price of precious metals due to people having less faith in the US dollar.
 

Dark said:
Government money printing actually increases the price of precious metals due to people having less faith in the US dollar.
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I am aware of that, but as the money is spent and the economy momentarily stabilizes, the price should dip for awhile before it drastically rises again
 

I actually believe it will drop now & stabilize for a couple years, by early 2014 the dooms-dayers will start up
silver will rise & by early to mid 2016 it will start dropping again.

I'll go as far as to predict record highs by mid 2014 so stock up when it hits $20.00or less in early 2013 :thumbsup:

Then again the world ends next month :laughing7:
so hey who cares :tongue3:

Drink up:occasion14: or roll a fat one index.jpeg
 

Last edited:
No! I am getting the itch to BUY! Bought a silver dollar today! If it dips into the high $20's I will probably buy up $100-$200 in junk silver, more if it goes lower.
 

sheepdog_tx said:
Been dropping, nearly $5 down from spot a few weeks ago. Starting to worry it might drop back down in the 20s or lower :o
Click to expand...

Than it drops, I dont use CRH as a get rich quick scheme. If your are hurting so bad for money that you are thinking of selling, I feel sorry for you. How about cutting other things out instead. Dont buy those energy drinks every day, you could save nearly $60 a month right there. Stop eating out for lunch, another $30 a week saved. If Silver drops to $20 an ounce, I will be buying all I possibly can with no worries about selling it. The most I would do is sell my 40% Halves to Provident near a peak and rebuy in on the dip. Barring some sort of calamity such as being unemployed I have no need to sell.
 

I hope silver tanks for at least the next couple years. That way I can buy the crap out of it and hopefully many CRHers stop searching for it as there are too many as it is. :)
 

I would be looking to buy! I'm not concerned about silver dropping at all. My stocks on the other hand, yes. I gambled on the election last night. I lost and so will the economy and more importantly my STOCK! I thought about selling last night but chickened out. And then woke up and lost 2 % plus my bonds have been hit hard the last month or so....ugh...time to buy more? ......I think I'm just gonna cash out. I made about 10 % in 1 year...noes not the time to get greedy.
 

As long as silver stays above 6 bucks an ounce I am ahead of the game. If silver goes down below $30 dollars I plan on buying.

Hugs and smiles,
Garoulady
 

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