You’ll have a lot more then that. Every few decades silver has a massive spike and blows up.
That’s when you take half you stack and sell it. Don’t wait for the absolute peak it’s to late then. You want to sell while it’s still climbing a bit. Dealers pay $1-$5 over spot them because they can’t keep it in stock. Then you wait for the bottom to drop out 6-12 months later and buy it all back. Which will double your silver holdings. You sound like you are young enough to maybe see this happen twice. I saw it happen twice but the first time i was very young. I did however take advantage the second time. When silver spiked to $48 an ounce. I sold half my stack when it was at $42. I was getting $45-$47 per ounce. A year later I more then doubled my silver when I bought it all back at $18 an ounce.
Just an FYI.
You are viewing a single comment's thread from: