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?
Some dealers are not buying at this time. I guess I could find one who will buy at 5dollars under spot. Its tempting, but its also not neccesary, I still have an income and am very frugal. Bought as a savings account, I think I will keep it as such. It's my emotional support metal, so I need to keep it close.
When virtually all stop and only sellout current inventory , Silver will then go "UNOBTAINIUM" and the price will be climbing the straight up wall. Then buy your self a Teddy Bear as you dollar cost average out , maybe into gold.