Honestly, how many here are Selling Gold & Silver?

They call it a bull market, because it wants to throw or buck you off.

If I'm selling that means that all the shit has hit the fan. It is my self-insurance, My way to survive in a calamity. I'd be most pleased to never have used it so my kids can have it.

1000 ounces buys a median-priced American home.

___________

Lisa C.

www.dvds4delegates.com=Ron Paul, the 44th U.S. President

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If you are investing (long term), then this question is irrelevant, considering what always happens to fiat currencies at the end of the game. My answer is, I will sell my gold when it gets close to the 1980 levels in price, adjusted for REAL inflation (see shadowstats.com for more on this). This could be 10 years out or more, or it could be sooner. Who knows. Gold and silver, unlike paper, have intrinsic value. They can and will go down hard, but they never go to zero (unlike paper which is based on promises, such as those "backed by the full faith and credit" of any government. Credit is nothing more than a promise. Currencies today are credit currencies. Metal is real.

If you are trading, then your system should have a predetermined stop in place (for example, below the most recent weekly pivot low), and you should not need to ask anyone else when it is time to sell. That's as straightforward as it gets.

By the way, the current downward spike in commodity prices is likely a result of de-leveraging of hedge funds that were over leveraged long the commodities. Spot prices of metals are determined on the Comex, but you can't actually buy real gold and silver at the reported spot price with no premium. (Go out and try it sometime.) For more on this, see

http://www.marketwatch.com/news/story/portfolio-liquidation-triggers-turmoil-among/story.aspx?guid={9562090F-2CC0-4EE2-ACBF-2688F60061DA}
and
http://news.kontentkonsul...

Wow, I buy my coins from APMEX but most all of the sites are experincing a stock shortage. Just two types of libertys available at APMEX right noe. I buy and hold for rainy days.

I sold about 200 ounces of silver on Ebay when it was at @ $18.30 or so an ounce. We bought most of those silver bars when silver was at $13.00 an ounce so we did ok. The most important part is that we didn't spend the monopoly money that people sent us in trade, and it will be used to purchase more silver, rather than buying whatever new and useless electronic gadget that babylon is putting out there for the sheep.

I haven't sold anything, i'm taking the short term loss for the long term gain

that includes precious metals and cash.

Always trade.

A bear market = investor's nightmare = trader's wet dream.

WAHOR!!
http://www.dailypaul.com/...

Just going to hold till my kids get Married ,,will not sell. The market manipulation can not continue for ever . Two things need to happen People all over the world need to get out of paper metals and only hold real metal . And possibly even shorter term people who are buying silver when they are told of a waiting period ,,,,We need to buy silver or gold were we can get it today

bought in 99' still have and have not sold.. 6 months from now people will be on this site will be bitching and complaining because they either sold or didn't buy! mark my words! the dollar will not strengthen.. it can only go down.. we are not heading into deflation. if slower business is deflationary then why is zimbabwe experiencing HYPERINFLATION!
talk about a depressed economy!

Once you come to understand that metals are a store of wealth and honest money, you just don't look at it the same way as dollars or stocks.

Well....I have a few silver coins....and the way I see it, why horde the metals when the price is high? Its going to go back down at some point. The dollar is going to go back up.

I bought some when gold was below $300 and silver was below $6, so I have room to spare. If it drops down to these prices again, I will probably be able to buy gasoline for around $1 a gallon, so I really won't have lost any money.
Actually I made a table counter out of Benjamin 50 cent pieces which is probably not going to be traded. Silverware is also nice to use on a daily basis, have to be practical too...
grant

Buying and holding till the system collapses, then we'll see what happens.

should be purchased as a "storage of wealth" to offset inflation. If you want to trade commodities such as precious metals, then you should buy mining stocks, or ETF.

Can't find a 'monster box' of silver eagles on Ebay AT ALL! Onesie-twosie sales, mint sets, etc. One guys asking for 12K for a monster box(500 coins) that he'll have for a while....

I may not know the truth, but I know when I'm being lied to...

I will not sell until at least until after the election. It's time to buy!

Went shopping yesterday and picked up MORE Ag & Au.

when cash flow allows. I am NOT a trader. This is my savings account. I won't consider selling any until we pass through this financial black hole and have a stable currency backed by gold. Don't laugh, it's possible.
http://goldprice.org/bob/...

I bought a lot at 654, sold it at 920, bought a little back at 815. It's at 809 as I write this. I don't recommend trading. You asked.