LOL!! I have been holding silver for a long, long time (30+ years) and am now itching to convert it to $BTC/$LEO.
I may just keep it though. Who knows? All of this AI, energy demand, and money printing may just keep it going up and up!
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Dude totally keep your physical separate. Have you not heard about Samsung's new solid state battery that is supposed to be coming out in a year or 2? Guess what it requires? yep... Silver... Hell, I am mining crypto and buying more silver with it. I can't get enough of it. But it just depends on your goals, but I kick myself for selling any silver at this point. The truth is, central banks are not stacking Bitcoin, no matter what media lies are thown out on social media. They are stacking gold and silver. Hell, JP Morgan just closed their 200M+ oz short and opened a 750M oz LONG! But you do you boo, lol
I was really just being funny. Probably won't sell even though it is a bit tempting. Most of my silver was obtained @ < $20!
Selling would be a lot of work and involve a big tax bill, so I certainly will not do it before 2026! 😆
If I were to end up selling, I would let you know just so you could gloat! Or possibly hit you up to see if you wanted it! 🤣
Tax bill? Who's giving you a 1099 on cash for silver trades? I would find a different dealer, LOL
I don't gloat about people's decision, but if you do want to sell, sure, at least ask me first, lol. Won't be any time soon. Working on saving up for a $6K machine to run local AI.
I would not use a dealer anyway. Got it all privately. Would probably only sell it privately.
If I wanna sell, I will ask you. Probably won't though. 😀
LOL. Right on. I can't say that, I get mine through a local coin shop, but he is awesome. I get great premiums so it makes me happy. He's an independent so basically a private transaction.
That is awesome! I wonder if next week a dealer will even sell to anyone? Looks like there could be a nice squeeze if Asia opens up stronger. Dealers may have a hard time getting supply.