DO NOT SELL!

The lesson here is to NEVER sell it.

Wealthy people obtain or create an asset - and then borrow against it.

Be a wealthy person.

Ride it to the moon.

Do you want to sell your silver and accept fiat currency that is worthless?

Neither do I.

Silver is reestablishing itself after many years of price manipulation.

Months ago, silver was trading at prices 100 to 1 when compared to gold.

Today it is at 60 to 1. Silver is regaining its value but not near the finish line.

It should be at 15 to 1.

Today gold is at $4546 an ounce and the price of silver should be around $300 an ounce if we calculate the 15:1 ratio.

Price of gold could go higher which means the price of silver could also go above $300 an ounce.

Trump opened all the 401k's across the country to precious metal markets in February.

What will this do to the price of gold and silver? ↑↑↑

What you have to understand is the globalists and banks like JP Morgan were shorting silver, manipulating its value. If silver rose to its accurate value, people would invest in precious metals and stop investing in Federal Reserve fiat currency. Federal Reserve would be destroyed.

This is not a fleeting escalation in the price of silver. This is what happens when supply and demand takes control. Some people are predicting a 5-10 year bull run on silver. How long will it take to balance out the supply and demand issues? It will take many years.

If you want out early, wait for a new currency, something that will hold its value over time. The fiat dollar is dead.

Don't sell.

Just some notes to think about:

• The world mines about 820 million ounces a year
• Industrial use will rise dramatically next year to expected 700 million
• Industrial demand is typically roughly 60 percent of silver demand
• A Tomahawk cruise missile contains approximately 500 ounces
• China will be blocking silver exports starting Jan 1
• Silver mines are not common, usually a by-product of another metal

I think it has a long way to go before permanently settling at a fair price.

Hold man. What are you selling it in exchange for? Worthless fiat dollars? Then what? Watch them hyper inflate to worthless?

This ride is just getting started. Strap yourself in and bring your tray to the upright position.

I'm not selling till $2k per ounce

I suggest you hold it until the world is ready to use it to trade directly (AKA an intermediary of barter). That is how it was done from the dawn of time all the way until the 1960s. It's only been 60ish years of pure fuckery that it has been different. We will almost certainly go back to that again. There is no reason to ever "sell" it for FRNs.

HOLD.

Um, my plan is to NEVER sell. It's fallback wealth storage that won't ever default or otherwise lose all its value. Same for gold.

Silver and gold have been suppressed for 90+ years for one single reason; to create the APPEARANCE that fake, fraudulent, fiat FedBux are valuable.

The natural occurrence of silver and gold in the earth has been about 10:1 for millennia. Only in the past 120 years was it artificially manipulated so that the banksters could make gold (the money of kings) more valuable. Following the FDR's fraudulent "gold confiscation" in 1933, the ratio started to diverge eventually stabilizing around 30:1 for several decades.

Then in 1971, gold and fiat FedBux were decoupled, making fiat paper IOUs effectively worthless -and an infinite supply possible. The wealthy old-timers in the 1970s understood this and fought for legal ownership of gold in the face of said tyranny. They got it in 1974, the controlling cabal by this time had unlimited power to achieve all their goals.

The next 5 years saw gold go from $35/oz to $665/oz, almost a 20X profit. And of course silver peaked in this era at around $50/oz. The freely operating precious metals market of the the late 70s into 1980 was approaching the natural balance ratio, which was about 13:1 for this brief window.

Today, so many "off the books" FedBux have been printed out of thin air, it's all but impossible to arrive at a fair market value for what gold should be worth. Suffice it to say, it's nowhere near where it should be. Some will argue gold should be in the neighborhood of $200K/oz (you read that right, $200,000). Others who trust the Federal Reserve numbers argue it should be in the range of $20-$25K/oz. All agree gold at $10k/oz is not only realistic, but inevitable in the short-term.

So you'll have to decide who is likely right, and WHEN said re balancing will occur. As of right now, gold is around $4500 and silver now closing in on $80 as I type this. So the current unbalanced, artificial ration is 56:1. Almost twice the artificial 30:1 ratio of the early half of the twentieth century, and 5+X off the natural, historical ratio.

Thus, if gold were to peak at say $5000/oz in the next few months, and silver were to close the gap to the 30:1 ratio, silver would be at $166/oz. Were silver able to get to the natural 10:1 ratio next year (manipulators eradicated) it would be $500/oz.

Or maybe gold does go to $10,000/oz next year. Worst case scenario and silver only maintains the current 56:1 ratio it would be at $178/oz.

If I were a betting person, I'd be the farm that gold is going to continue going up for the foreseeable future and the silver:gold ratio will continue moving down. By this time next year, many of the best prognosticators I listen to are suggesting silver should realistically be in the range of $250/oz....minimum.

But as always, caveat emptor.

I didnt buy it to make money with it although that would be fine some day so for me its a long term hold. I did buy it as a way to pay for things if these useless Politicians ever crater the dollar to a worthless value. It wasnt too long ago people in Germany were burning paper money to stay warm.

Do you want someone to tell you what to do, or are you looking for resources that you can use to educate yourself?

Here's an idea: Don't look at silver as an investment, one to buy low and sell high. What you will be getting when you sell is just more fiat currency, which may be doomed. I hold silver, not as an investment, but rather I know it's there in case our currency ever collapses and becomes worthless. Then I would use it to buy necessities when cash is useless. Just a thought...

I'm holding my little handful of silver until....

A) I absolutely need the money for some unforeseen emergency or

B) The heat death of the universe.

Are your holdings paper or physical?

What is this " sell" word. I'm not familiar with it.

But you want to average out,no one can predict the top.

I would hold until at least April...l

Remember when Bitcoin was $1? And it had a series of epic runs and also several 90% drops in price. Silver is going to be a little like that. If you don't get shaken off this ride you will see epic numbers in 5-10 years. I don't think they'll be able to drop silver prices 90% but they are going to be pulling all the stops to shake people out

Never sell unless you need it.

https://www.youtube.com/watch?v=aDOAzQUZc6c&t=1829s

Bix Weir has been talking about this for decades. He has twenty things that must happen before he sells his.

This video goes into those a little.

Only use physical silver to purchase physical assets

Treat t like a long term/retirement/legacy savings account. Never sell unless hard times arise and you will be doing it right. Metals are for storing wealth by eating inflation. Until it is widely accepted as money again I am HODL!

The industrial demand for silver is about to go parabolic. Do your research on Samsung's new silver battery design. Specifically for cars. 600 mile range, 9 minute charge time. Silver experts, all members of the smol hat tribe, have the real price at $2000 per ounce. And gold at $40,000 per ounce.

I wouldn’t think you’d lose much by holding it too long. It’s always hard to time it exactly right. I believe it’s going to thousands or more per ounce but that’s my opinion and not financial advice. I don’t really want to sell mine, but rather keep it sitting there for an emergency knowing it’s value. If I can’t sell 5 ounces and get a lot for it, to make a big purchase, it’s just going to sit there. You do what’s right for you. Put everything together that you hear and use it to form your own opinion.

Silver is Gods money. How long before Gods money crashes? I know my answer never. Gold never. It can be manipulated by man only if God allows the manipulation. You use precious metals as a hedge against inflation, secure your retirement and give you s A tangible assist in times of struggle. Now ask yourself have any of these things happened? You have your answer.

I had a little during the dark days in case everything went south. I bought a chunk before this big rise on the chance that it could get freaky. But I got burned in 80 when my girlfriend at the time didn’t sell at $50 when I told her.

Worst case, cash will deflate and silver will retain value. Don't sell unless you need to.

Now wondering if I should cash out before it crashes ...

Cash it out for WHAT exactly? - Federal Reserve Notes that are actually worth nothing ???

It's not time to sell.

Study the Gold to Silver Ratio AKA the GSR & understand when to trade your silver for gold or your gold for silver.

You can repeatedly trade silver for gold and gold for silver many times and increase your holdings by trading at the RIGHT time...

Educating yourself on PM is worth the effort. Start here: Money vs Currency - Hidden Secrets Of Money Episode 1 - Mike Maloney

The way I look at it is...I don't have ANY - Collect it and FORGET ABOUT IT! It's NEVER burning a hole in my pocket to be used for anything whatsoever - To cash it in is an ABSOLUTE LAST RESORT! Fool around with your 401k, your stonk holdings, fiat, jewelry, tools etc - But NOT your PM. It's totally hands off for me. Heirloom treasure...or if I need it when I'm about to get in my grave. That's it!

I'm waiting for BCH crypto to crash, then i'll sell all my gold to buy back in.

People have done videos on this on when you should be selling, however, we are not near the game yet. I have read many articles that go back 20+ years, up to current day, that discuss the heavy manipulation of silver and the actual price where it should be if it kept up with inflation. Conservative estimates have it listed as gold should be around $18,000 per ounce and silver should be around $5000 per ounce. I believe once the Fed and the central bank is out of the equation, gold should reach bitcoin levels and silver can easily jump up to 10,000, maybe even up to $30,000 per ounce. I would hold until you get to those levels.

"To infinity and beyond!" - Buzz Lightyear

I hope this doesn't get buried in posts-

Don't sell, take loans against the value. When you sell, you trigger a taxable event. Cap gains can be up to 40% of your profits. Taking a loan isn't income. Use the money from the loan to purchase an appreciable, income generating asset...say rental property, farmland, etc. Use that "income" to pay back the loan. Now you wind up with all your metal AND the value of the asset you bought. Rinse and repeat.

Think like the rich. When cash is deposited to a bank, it shows up as a liability, because it's DEBT. The bank will take that debt and issue loans or buy treasuries, which are ASSETS. It's no different to you and me. Be cash "poor" and asset rich.

I’d sell my Gold before Silver, but would only sell to meet immediate needs.