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[–]JasonCarswell[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

Sounds like (((they))) are pumping the silver markets.

Thanks for the interesting silver surfing. (I don't have a lot of comics, but I do have some, including both of the Silver Surfer, Moebius Limited Series (1988). Not remotely similar to real silver. Interested?)

Would it be worth trading the gold for silver? (ie. sell the gold and immediately reinvest in silver and crypto) Or just keep the gold as Horrux said.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

silver surfing

🧐 That's the username I use for silver related things; TheSilverSurfer lmfaoooo! I love the comics mayne!

Would it be worth trading the gold for silver? (ie. sell the gold and immediately reinvest in silver and crypto) Or just keep the gold as Horrux said.

That's completely up to you. Tbh, if I had the money to invest in Gold I would, but I'd also continue investing in Silver when the time was right because of how cheap it is, and it's potential to rise incredibly high and make an extreme profit like those did in 2011-2012~. Some people do sell gold to re-invest in Silver. I've sold 1 troy oz of silver before that I previously bought at a cheap price, that I had numerous copy coins of & didn't see much collector's value in, and sold them for a 100-200 dollar profit, to purposefully use half of the profit to invest in more silver (and turn one ounce into 2-5 ounces~), with some cash to use or save on the side; I just sold the coin I had previously bought for cheap, & when silver was peaking I usually always do an auction (ebay) to allow people to bid against each other and drive the price up - people are willing to pay a different premium depending on what they collect, and people bidding against each other drives the price up. I also noticed, for some reason (I believe this is due to old silver collectors, like those in their 70's or 80's who find ebay simple and easy and possibly fun or exciting to use), that coins that are available elsewhere from official vendors for say 100 dollars - they'll bid way over and drive the price up on it and actually pay for it. I don't fully understand that, but that's my theory on that.

I was lucky I learned about Silver when I did tbh, it was the right time before it went above 20 dollars. Silver was floating between the upper 13 and 14 dollars when I had found out about it, so I was able to get rare things for cheap if there was a promotion or silver looked like it was crashing, and I was able to get regular silver coins from official mints (like the Canadian and New Zealand/Perth mints) too for cheap.

I don't buy silver much anymore since the price has increased and the premiums from vendors are high (maybe once every 4-5 months), as I've stacked up a nice enough of collection in the amount of time I was silver stacking. I usually only buy when I sell a coin and then wait for things to dip (which I don't do often, as I don't believe Silver is done rising). I don't think it's too late though for someone to do the same if they're patient; I think you can still get into silver at this price range, and if you wait a few-6 months, you'll see the silver you bought before is much more expensive to buy and harder to find (as well as notice the cycle I've been discussing), and if you bought a coin collector's love, you'll make a nice profit and be able to turn a 1-2 oz coin into 5 ounces buying standard silver coins and keep some money on the side.

But no one knows for sure; just because 2011/2012 happened, doesn't mean it will happen again even if Silver is doing something incredibly odd. I take into consideration world events as well, which is why I personally believe Silver will continue rising.