Glad I bought a bunch back in February
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Glad I bought a bunch back in February
Had I only bought BTC when I dumped money into silver in 2013-2014.Originally Posted by tactical_2012
Wish in one hand...
Assuming I didn't get robbed...
Last edited by brutal; 01-31-2021 at 12:33.
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Great, I have two orders pending for a week with SD. Called Wed and was told probably first of week.
Ya heard maybe open at double or triple price
SD bullion has suspended silver sales until market opens.
The funny thing about this, is that by driving the price of silver up, the "retail folks" are making big banks more valuable.
JP Morgan and others have been buying silver pretty steadily for a while.
From an amateur / novice / uninvolved person, what is the value for Morgan silver dollars right now. I understand that date and grade affect price, I'm just looking at a ballpark for run-of-the-mill Morgan's?
Yes I could Google it, but I'm busy doing house chores and you guys are a far better source of information than anything I trust on the Internet. Thanks in advance.
Sent from somewhere
I will add to the above that I also understand that Morgan's are not a true ounce of .999%.
Sent from somewhere
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.
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