Agreed. Nobody can time the peak of anything without plain old luck. In 2011, I started selling around $45 an ounce while silver was still in great demand. It peaked a few weeks later and then fell off the chart.
But…… this scenario is completely different. While I’m not saying it won’t drop, that’s inevitable. But I personally think that’s many months down the road. I see $150 silver this year, that’s just my opinion. It could possibly go higher. Just my opinion from the information I’ve seen and read. But it’s all relative. This is global this go around, not just the United States is involved like 2011. Industry demand was not what it was either in 2011 either. In my opinion I don’t believe silver will ever drop below $50 an ounce ever again. Just my opinion.
I’ve sold a little silver, but I’ve used the money to put it into gold. I refuse to leave my money in fiat, I trust metals and will wait it all out with my metals in hand.
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