mortarman wrote:Should've known better than to have coffee after dinner.. and it's got me to thinking. Grandpa always told me never to eat to the seeds for next spring. Didn't have any idea what he was talking about back then, but it's starting to make sense.
The wife and I have been ardently buy-and-hold types since we were unplugged back in '08. But on a soldier's salary, and a new baby boy, I haven't got much cash to go hunting with. So I've been considering the pros and cons of selling a percentage of our holdings in order to free up some to capital to search more.
To make the math easy, we've got 218 Toz. at last count, or $9352 as of friday. I'd like to sell all of it and order 18 boxes of halves a week, but the risk seems too great that we'd miss a jump in prices or the balloon goes up and we're left holding the bag, sans silver. Then again, only 1 or 2k seems weak considering how many skunk boxes have been turning up, but that could be isolated to my experience. Guess it all boils down to: a) Where is the balance b/w risk and reward? and b) At what amount of cash will the volume of silver found v. time spent looking graph start to look like an exponential function going vertical?
I appreciate yalls thoughts and suggestions.
Trooper, first, i want to thank you with all my heart for taking up your place on the wall, i'm USN (ret) all the way, we're bro's. if you gotta go back to the suck. God bless and protect you. ok, can i give you a brief, lensed with a military metaphor? Lets think of the 218 toz , as the line you advanced to....light resistance, now is the time to set up FOB's and hold, hold the 218 line....you fought hard to get to that LOR, and the last thing you want to do is to relinguish your position, hoah? You're in a better postion than most citizens. Now i know military pay, and i'm also seeing that more and more citizens are sorting, and it seems to me, that the risk/reward is not canted in favor of the sorter. I've never sorted, nothing against it, but time is growing short....and the precentage's of silver attained is growing less, therefore accumulation should be decisive.
as i write this rolls of 90% pre 65 American coinage are trading, 33 times face..a $10 FV roll , $330 for 7.23 Toz...now i realize 330 is a big dent out of army pay..if you can manage it...you might want to look at rolls of 65-69 40% Kennedys, each coin containing .15 toz silver a coin and each roll 2.95 toz, and the good thing, is you can get them at or near melt....in short, hold the line.
