Hi friends,
Silver has continued to have strong performance, check out the chart:
Given we are near $40 per an ounce on silver - are you trimming, holding or adding?
I am mostly holding of course but do plan to sell a little to take some profits and also test the market to see how many buyers are out there - are they still around at $40 or will it be hard to sell at these prices? I will list 10 ounces for sale on some local marketplace apps and see how it goes.
Would love to hear your strategy.
Thanks for coming by,
Brian
Holding and adding. Been hearing rumblings of a “gold revalue” to pay off the immense debt. Gonna kick yourself if you sell at these prices, unless you simply have a sh** ton of it.
Adding but amount is trimmed back because of my DCA, for my non-stacking blood relatives cleverly disguised as gifts for special occasions. Some for the fun of personal collecting, and putting what cash savings into gold.
My favorite Dealer says that there are far more selling PMs than Buyers of PMs. he thanked me for buying $300 CAD worth of silver the other month.
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Good to know and keep on stacking!
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I'm holding. Not buying much at the moment, other than an ounce or so here and there that I find locally, mostly adding bitcoin to later swap for gold. I'll revisit my strategy in november- December. Last couple btc cycles I'd where the bulk of my stack came from. I'm actually trying with the idea of selling metals for bitcoin, but haven't pulled the trigger...
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