Silver - when do you know when to sell

[pyperb]

When do you know when to sell - Chris from Silver Shield predicts silver to rise to $51 by 8th April - is that then the time to sell or wait till it shoots for the moon as many predict - what is your exit strategy, will you be looking to exit at a certain price or when it hits the moon exchange for property or similar, I know a lot are waiting til retirement but will they be tempted to sell early.

 

Brian.

[HawkHybrid]

13 minutes ago, pyperb said:

Chris from Silver Shield predicts silver to rise to $51 by 8th April

 

does chris conveniently fail to mention that it's april this year

(2020)? or does he mean april of a year yet to be decided?

imo people should consider selling some silver when it goes

into the black.

 

HH

[sovereignsteve]

Just listen to the experts on here. That means never😉

[pyperb]

He does say April this year to be fair

[sixgun]

1 hour ago, pyperb said:

Chris from Silver Shield predicts silver to rise to $51 by 8th April

Chris Duane has been predicting price will go to a '$quadrillion' for years - how the hell does he know it will go $51 by 8th April? Not $50 or $52 but $51. 
i have personally dealt with Chris - he is a nice guy but he does come out with some daft stuff.

[AgCoyote]

Basically never if possible. I would trade it in for gold if the ratios were right and I'd use to buy a home, real estate or start a business. Otherwise only in an emergency.

[cypressc]

Seems to me silver is more likely to test new lows that go up to highest-spot-in-history. 

Industrial demand is basically zero right now. 

PS If silver spot goes to $51 and you don't sell because you're waiting for it to go to the moon, then you're an idiot. $51 is the moon.