I would like to know some of the exit strategies the Steemit silver & gold investors have in place. What price are you willing to cash in some of your chips, or all of your stack? Or are you planning to convert your profits into some other asset class? I would love to hear what your thoughts and strategies are and what your sell signal or price will be.
Thanks for reading my blog, follow me and I'll follow you. Cheers
I will sell my Gold and silver when it will make me enough to buy a decent size hobby farm and live self sufficiently
Awesome plan and great advice for everyone, cheers.
My silver will be as warm as my barrel when they pry it from my cold, dead hands.
Or US$55; whichever comes first.
Gee matt that's only $5 above it's 1980 high, It will have to be a lot higher than that to pry it from my hands, cheers mate.
Funny answer! But i agree... $55 usd is a bit low imho 🤘😜
More like $550 usd in my opinion, that would be a good place to start, cheers.
I'm not selling any till silver is $200.
Sounds like a great place to start to me, cheers.
I'll sell my gold and silver only when and if I need the cash. If I do not need the cash, I'm planning to wait until silver exceeds $100 -- at least, and maybe even wait longer. I'd love to be able to wait until it reaches $500, but that might take a few years.
As per many astute observers, silver will shoot beyond $500 within a few years. And many say that $1500 is within reach. Those figures are without taking into account any inflation or hyperinflation.
Regardless of any future prices for the precious metals, the fact is that those who hold them will be much better off than those who hold only fiat currencies.
It could even be 100's of trillions of dollars an ounce soon with these psychopaths running this out of control world. We will have to wait and see where all this bullshit is going my friend. Cheers.
It's already worth billions of Zimbabwean dollars per ounce.
I will only sell if I have a good reason to use the funds.
It's an alternate investment for me, or my kids, that seems more interesting than anything in the financial system.
Sounds like a great plan, I feel pretty much the same way my friend, cheers.
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If I have...I not sell it net 20 years Sorry.
Fair enough my friend, I don't think some of us can last that long though, cheers.
Npr .
And How is your day? here is very rainy :)
My day was great, it was a beautiful sunny day thanks, it's 11 at night now, cheers.
Good :) here in Estonia is time just now 15:38 :))
When the price likes to be good and i am in need of money than i sell my gold. But we are talking about the material gold, not about them who invest in goldmines or silvermines, that is where i be curious about, why and when would you sell or buy them?
The precious metal shares are a entirely different beast to the metal, for me there are to many people between me and the metal they represent, cheers.
good
Thank you for the visit, cheers.
Interesting Post - I can see Silver easily reaching $1000 Oz in the not so distant future - the moment it breaks out properly from the manipulation and it goes to say $100/200 - I might sell a little bit, however I know that the higher I see the price go, the harder it will be for me to sell, I love my Silver, its been a great companion over the years, so for me to let go, it will have to be for something worthwhile - Land, Properpty, I like to believe I will always be holding silver.
$1000 an ounce would be awesome, but I don't even want to contemplate what the world will look like if we reach those kinds of prices. But I do know that if you have some silver you will be better off then those who don't in that world, cheers mate.
What is your strategy?
I think I will start selling some silver at about $200 US to satisfy some of my wants and needs, then just sell some when I have to for living life my friend, cheers.
Once I start my collection Ill just be stacking. Unless I have some sort of financial crisis all my silver and gold more than likely be passed on to my kids.
Sounds like an awesome long term strategy that will secure your kids futures, cheers and thanks for the visit.
Looking at holding for the long term. May sell a little at a time when I need some pocket money in retirement.
Cool, sounds like a great plan, maybe some pocket money for a great cruise around the world in your golden years, cheers.
My Target ist 250-300$ :)
We will get there one of these day my friend, cheers.
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No reason to at the moment. I’m hoarding it.
Our time will arrive soon my friend, cheers.