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Money Matters
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Old 05-15-2013, 12:32 AM   #1
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I'm holding silver but I want out?

I have been holding a few hundred ounces of silver for about 3 years now. I want out. I was still set to make a profit if I sold at $30 where the price was hovering for the past few months, but recently its tanked. So what do I do? Sell it all at a loss and start a portfolio or throw it in the back of the closet for 20 years from now?
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Old 05-15-2013, 09:49 AM   #2
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It will be valuable again when the market tanks. Will def be sooner than 20 years from now.
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Old 05-15-2013, 10:43 AM   #3
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I would hold it.

Silver is different than gold.

More silver is used in technology than is mined each year.


PS - throw some up on ebay in small quantities for 25% over spot. Ebay fees are 15% so you would be 10% over. If it does not sell, you are out close to nothing.

I sold some over spot on ebay.
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Old 05-15-2013, 11:16 AM   #4
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Just hold it for a while until it gets to the price where you want to sell...$30 should be back.
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