Markets….
Afternoon everyone……
We all love the bull runs in the markets, especially during the run. It’s such an adrenaline boost. But for ever bull run, there is always inevitable a bear market around the corner.
Timing is everything…..
Me personally I’m not a try to hit the absolute peak guy. In both precious metals and crypto, I’ve pulled the trigger on selling before the absolute peak to ensure that I made a solid return.
An example in precious metals is in 2011 when silver topped out at $48.70 an ounce. I began selling some silver at just over $45 an ounce, and continued till just over $47 an ounce. It was very easy to sell, is a matter of fact if you aren’t greedy and hit while it’s still climbing you will make just as much. I was getting real time spot price for my silver when selling. The demand was so high that dealers were continually out of stock. In order to have stock to sell they were buying at spot price.
This is not typical, usually dealers offer a dollar under spot. Some places are worse, it depends on if you have a relationship with the dealer.
Is there a bull run coming in silver…..
While I have no idea, I thought I’d share this new release by the Golden State Mint. If you don’t know they are the mint that produces the Silver Shield series.
This is the round….
Very nice detail….