Pretty ghey to bump your own thread from years ago bc you called an asset value correctly. Genuinely stoked for you if you did well. But brother bear…

I bought some silver earlier this year because I always wanted some and boom the price took off.

Outdoorag011 said:

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$75. Hope people listened. Comex/LBMA damn looks to be breaking.

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Are you gonna sell?

SLV is pretty clearly due for a pull back now, and is probably at/near a long term high.

Barely getting started.

Tempting but the factors that are fueling its rise should remain in place in '26, so…

But my mom's best stock advice was you can never go wrong taking a profit.


It has been a very good year in the market. silver was a good investment but there have been five others that outperformed if for me. It's a year where I am Pooh poohing modest gains with only one or two losers on the year.i. It's great to have adults running the economy again in government.

I bought a 50g silver "biscuit" with the Saudi Arabia logo palm tree on it from the souks in Dammam, when I was there in May, 2025.

I put it on my desk and enjoy looking at it. I wasn't even thinking about it as an investment. So, good call, I guess.

Quote:

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But my mom's best stock advice was you can never go wrong taking a profit.

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It seems that my very worst investment decisions were taking profits too early.

By way of example, I bought $2,000 of Micron in the early-mid 80s with my meagre savings. I chortled when I sold it a bit later for $5,000. Several years later, after Micron had kept splitting, increasing, splitting, and increasing, I calculated that if I had held on to my small investment it would have been valued at $500,000+

Same with my small investments in Intel, Microsoft, and other technology stocks. If I hadn't sold, I'd now be living in an 8,000 sq. ft. chalet in the Rockies somewhere.

My mom was hanging onto silver and asked me to look after it. She bought around &27 years ago and I sold around $50

Kicking myself a bit but still better than a loss.

My mom would tell you to let it go and buy a better investment.

You made money and didn't ride it down to something less than you paid for it.

That said, I've done the same. I knew a semiconductor crash was coming but but sold off a year earlier missing out on doubling the value but the crash killed it all if I had held on.

Cest la Vie

At that time, there was no better investment.

The working approach I've since tried to adopt is don't sell unless there is a good reason to sell, and just collecting profits is not a good enough reason by itself. For example, if the stock is still a good buy at 300% above what you paid for it, then why sell?

Guess I'll hold.

I've been sitting on a bunch I bought in 2011 at $45/oz.

Guess I can hold on a little longer...

One of my better investments. Bought in 2014 and 2015

I thought about liquidating grandma's old silver flatware and serving set a few years ago...thankfully i got distracted before I did

Outdoorag011 said:

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$75. Hope people listened. Comex/LBMA damn looks to be breaking.

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its been 4 years dude!

Outdoorag011 said:

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https://www.zerohedge.com/commodities/us-mint-delays-silver-shipments-due-global-silver-shortage

Nothing to see here, just the worlds largest mint saying that their is a silver shortage.

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I read somewhere else that we've consumed more silver than we mined for 4-5 years straight now. Silver really stayed stubbornly low for a long time before finally blowing up this year. You can see why many people believe there has been external manipulation suppressing prices. I wish I understood HOW "they" kept silver prices depressed so long.