Sheikh_yer_Bu'Tay wrote:For the first time in my life... I sold some silver last week! I traded three ASE @ $33.00 each to a jewelry shop owner/friend for a ring for my wife's birthday. I was shocked at how fast the owner grabbed the deal. Maybe I sold them too cheap?
I am waiting for Ag to drop to at least $25.00 before I start buying again. A dip down to $20.00? Nawh, I don't think that will happen, but if it does... I will buy!
Edit: If you factor in sales tax. Then I let them go for $35.81 each.
Devil Soundwave wrote:Sheikh_yer_Bu'Tay wrote:For the first time in my life... I sold some silver last week! I traded three ASE @ $33.00 each to a jewelry shop owner/friend for a ring for my wife's birthday. I was shocked at how fast the owner grabbed the deal. Maybe I sold them too cheap?
I am waiting for Ag to drop to at least $25.00 before I start buying again. A dip down to $20.00? Nawh, I don't think that will happen, but if it does... I will buy!
Edit: If you factor in sales tax. Then I let them go for $35.81 each.
I dunno that you let them go too cheap; likely just that the jeweller saw 3 ounces of silver, thought "hey, I can make about 8 rings out of that!" and saw profit potential.
davycoppitt wrote:I'm only buying silver if I can find it under spot right now, saving up my money for hopefully a summer correction.
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