Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

Thank you TSF - 75 tubes of 1oz silver 2020 Britannias sold


silverseller

Recommended Posts

9 minutes ago, silverseller said:

Thanks @James32. It's the advice I would give to any newcomers looking to sell their stack. 

Would you start stacking silver again? 

After you have sold almost 60 kilos of silver how do you feel now?

Do you still have something in your stack?

Would you change your nickname in goldseller from now?

Would be interesting to learn more from your experience.

Thank you!

Stefan.

Link to comment
Share on other sites

@stefffana In my experience, silver is one of the more inexpensive ways to keep your money out of the banking system. However, don't expect significant returns on the silver you purchase, especially for those with a sizeable stack. If one was to purchase silver, I would suggest coins rather than bars as they are a lot easier to liquidate. The 2020 coins I sold were the last of my stack. 

As for gold, I had a number of Britannias I purchased in 2012 which I liquadated last year. Again, the returns weren't significant, but I used the funds to purchase a property below market rate. I intend to repeat this in the coming months as the economy bleakens by the day. It's all about timings in the property game as @katyc can tell you.

 

 

 

 

Link to comment
Share on other sites

2 minutes ago, silverseller said:

@stefffana In my experience, silver is one of the more inexpensive ways to keep your money out of the banking system. However, don't expect significant returns on the silver you purchase, especially for those with a sizeable stack. If one was to purchase silver, I would suggest coins rather than bars as they are a lot easier to liquidate. The 2020 coins I sold were the last of my stack. 

As for gold, I had a number of Britannias I purchased in 2012 which I liquadated last year. Again, the returns weren't significant, but I used the funds to purchase a property below market rate. I intend to repeat this in the coming months as the economy bleakens by the day. It's all about timings in the property game as @katyc can tell you.

 

 

 

 

Thank you!🤗

 

Link to comment
Share on other sites

1 hour ago, silverseller said:

@stefffana In my experience, silver is one of the more inexpensive ways to keep your money out of the banking system. However, don't expect significant returns on the silver you purchase, especially for those with a sizeable stack. If one was to purchase silver, I would suggest coins rather than bars as they are a lot easier to liquidate. The 2020 coins I sold were the last of my stack. 

As for gold, I had a number of Britannias I purchased in 2012 which I liquadated last year. Again, the returns weren't significant, but I used the funds to purchase a property below market rate. I intend to repeat this in the coming months as the economy bleakens by the day. It's all about timings in the property game as @katyc can tell you.

 

 

 

 

Amazing to hear you're purchasing property through silver! There's many stating property will have a slump plus prices are high at the moment. But if you're holding long term it really is irellevant as long as you ride out the storms. I think a slump is inevitable - but it may be next month or in 5 years so just go for it (Google the Property Cycle, it's very interesting 😊).

Good luck on your venture!

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use