So for me, I'm holding like an ape right now, in part because getting to my safe right now is such a bitch I can't be arsed. But I wanted to know at what point people here intend to sell.
For me, I'm glad silver broke 50 and seems to be skyrocketing upwards. I want to be sure that I don't do what I did with btc back before the first flash crash and sell it when it's appropriate to do so. Right now the London prices of buying it are through the roof, but they are weak on selling.
However, when I started stacking, it was as a hedge against a major currency collapse, so that I'd have something to trade with long term. Right now, it's feeling like the UK economy is about to tank, but I'm not sure about the timing, and the impact.
What do y'all think wrt this? Hold until there is a currency solvency issue or is that so unlikely it's better to sell sooner, and if so when?
I’m pretty sure I read on SDBullion yesterday that the COMEX put out just under a billion paper shares, in a day. That is an entire year of normal trading volume. Demand is up 5-6 times and nobody can afford to lease silver. Basically shutting everything down for physical.