Quote Originally Posted by tactical_2012 View Post
Ya heard maybe open at double or triple price
So how does this play out for people with physical bullion? Should one consider selling if it triples? Maybe more? Hold it? I don't see silver prices staying high if this happens. Am I wrong?

I mean, it's a possibility this week may bump silver a percentage that has taken decades typically. I think silver high was 2011 of around $49 (I think 1980 was in there somewhere too). In any case, if it triples tomorrow, that BLOWS the historic high out of the water (not considering inflation obviously).

If you look at today's price of $27, that's triple the 2005 high of about $9. 15+ years. Silver has never passed $50. Even if it doubles this week that's a historic high. To sell or not too sell if it doubles? Or wait for it to go higher? Or hold only for it to be right at $27 again 10 years into the future? Holding silver for decades doesn't seem to get you much return unless you happened to sell on one of the 2 major spikes.