Silver spot has hit $70.71 as per Kitco. I think
if it hits $80.00, I may sell 25% of what I have. Then, if it goes down
substantially, while I am still breathing, I probably will buy back the
same amount that I sold. Me thinks, the bubble will burst sooner or
later and prices will crash, or at least fall by a large amount with in
short time.
As for gold, Kitco, today, shows it at $4,476.80. I doubt I will sell any of what little gold I have, but if the price goes high enough - who knows. If I do sell any, my plan would be the same as it was for silver.
Sooner or later, even the Gold Bullion Tiger will be put down. For now though, I am enjoying the ride even though the tiger I am sitting on is a relatively small one. I must say while still small my overall bullion holdings have risen remarkably in value. Just since the end of this past September, the value of my bullion that I had in September has gone up by an amazing amount, that excluding a half ounce I bought since then. Yeeeehaaa.
All the best,
Glenn B
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