Buying physical gold/silver

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Red Pear Realty
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In reply to joekm3 • 12:33p, 1/6/26
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I sold because I was happy with my profit at those prices. It wasn't super deep. I still think silver will go higher and wish everyone who is still holding the best. I'm also about to get busy with the spring real estate brokerage season and won't have time to mess with it soon. I do think this was kind of a once in a generation type of opportunity that was being broadcast for everyone to see, and I do think the price of silver will eventually come back down somewhat but we'll probably never see $30 silver again. Maybe $40?
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AgPrognosticator
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In reply to Red Pear Realty • 12:43p, 1/6/26
AG
Red Pear Realty said:
I sold because I was happy with my profit at those prices. It wasn't super deep. I still think silver will go higher and wish everyone who is still holding the best. I'm also about to get busy with the spring real estate brokerage season and won't have time to mess with it soon. I do think this was kind of a once in a generation type of opportunity that was being broadcast for everyone to see, and I do think the price of silver will eventually come back down somewhat but we'll probably never see $30 silver again. Maybe $40?


Hah, not gonna happen. I'm not sure we'll see $70 silver again.

You don't stack to take profits, you stack to gather dust.
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joekm3
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In reply to AgPrognosticator • 12:49p, 1/6/26
AG
That's what I'm doing except no dust in my safe!
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Red Pear Realty
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In reply to AgPrognosticator • 12:58p, 1/6/26
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To what end?
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TTUArmy
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In reply to Red Pear Realty • 1:25p, 1/6/26
Red Pear Realty said:
To what end?

The PSLV trade is dandy. However, I think you are leaving quite a lot of money on the table by trading in so early. I'm always happy to see people make money. The events surrounding gold and silver's meteoric rise this past year is indicative of some fairly major issues.

Gold's rise is a given... Fiscal and monetary policy are not going to change. Our fiat dollar has lost a great deal of purchase power since its inception and continues to lose more with each passing month. I don't foresee it getting any better...only worse.

Silver's rise is a bit vague to the average laymen. A little homework reveals the silver paper market's detachment from real physical supply. The LBMA and COMEX have been wholly absent in their duty to closely track inflows and outflows of physical metal from exchanges, absent in gauging industry's near insatiable demand for silver, and very likely had their eyes peeled on technicals while fundamentals were painting quite a dark picture. Now, they're in deep shinola; losing trust and control in this market that was once easy money for them. Their casino is going bankrupt and not soon enough in my humble opinion.
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TTUArmy
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In reply to Red Pear Realty • 1:30p, 1/6/26
Also, I am glad you understand the value and exchange rate between fiat and precious metals. I'll have to hit you up when I decide to cash my stack in for a house and 40 acres.
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jagvocate
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In reply to Red Pear Realty • 3:54p, 1/6/26
AG
Red Pear Realty said:
To what end?


RedPear, congrats! Please don't be a stranger to the thread now that you've booked profits :-)

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Red Pear Realty
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4:09p, 1/6/26
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I was always hesitant to post about my stack out of an abundance of caution of theft, but yeah, I had a couple thousand ounces stacked before I started selling.

Edit: this came up when I searched "silver" in my photos. I really like these Perth mint kilos the best of all the bars.




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Yukon Cornelius
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In reply to Red Pear Realty • 4:41p, 1/6/26
AG
Congrats brother! Nicely done taking your profits ! Dont let anyone second guess you.
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AgEng06
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In reply to Red Pear Realty • 5:20p, 1/6/26
AG
Red Pear Realty said:
I was always hesitant to post about my stack out of an abundance of caution of theft, but yeah, I had a couple thousand ounces stacked before I started selling.

Edit: this came up when I searched "silver" in my photos. I really like these Perth mint kilos the best of all the bars.




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Red Pear Realty
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In reply to Yukon Cornelius • 6:19p, 1/6/26
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Thank you!
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Kenneth_2003
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6:54p, 1/6/26
AG
Congrats Red Pear!

One man's selling point is still another man's bottom!
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Outdoorag011
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In reply to Red Pear Realty • 7:10p, 1/6/26
Congrats RP! I'm glad silver finally got high enough for people to take profits!! I took some as well with some of my numismatic pieces.
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