Loading ...so let’s say silver hits $100-$125, do you then sell and buy gold with it? If I were to sell now, that’s what I’d do with it.
That’s the thing, you don’t want to put it into dollars and the bank right as the dollar is fading into the sunset.
Selling is where this becomes hard, ideally it would be nice to trade it for real estate, but it’s too early for that.
Is silver going to hit a top of $100+ and just hang there, or is it going to do what it has done in the past and drop back to $50-$60?
I have an old friend who bought with me way back at $10, he had some friends who also bought there. He called me tonight wondering when to sell. They’ve done well finally after all these years – up 700%. He’s worried about it crashing back to $20. Valid concern from the way pm’s have acted the last 15 years.
I had no idea what to tell him. Just said I’m holding it as insurance, or until I can get something I want for it. But I also told him there’s nothing wrong with selling at a 700% profit.
I keep going back to what the billionaire David Bateman said about why he bought almost a billion dollars worth in the last six months. Because this is it, this is the great reset. If that’s the case, then these metals will be priceless.