Exit Plan for SiIver - Anyone Got One?

[II DALTON II]

Originally I had planned to convert mine to Real Estate, but I think that may have been a bit optimistic. Who knows though? Maybe Maloney will be right on that prediction in the end?

I definately know I will use some to pay off debt in a high inflation scenario. I'm thinking I may convert to stocks once the market is cleansed of all it's infections.

[Dom2012]

i think its optimistic to think the markets will ever be cleansed of infections !
dunno im hoping to just swap it for gold and then liquidate if i ever need to ?!?!

[Ivan]

Trade for new currency or If it gets over priced, then buy some real state, toys, and save some for old age.

[boyfromdixie]

when silver goes through the roof i am gonna buy a yacht and sail around the world if anyone wants to go let me know.

[Mr.Akamkk]

I think I might wait and see what the new paradigm looks like with inflation value of currency real estate market and so forth. There will be lots of time to cash in once things settle down a bit.

[harbl_the_cat]

I like the idea that I think Chris Duane proposed of using your silver as collateral to secure a loan to buy real estate.

[PM Montner]

Quote:I definately know I will use some to pay off debt in a high inflation scenario.

Absolutely definitely!

Quote:Originally I had planned to convert mine to Real Estate, but I think that may have been a bit optimistic.

Not if you're patient. I have my eye on a beautiful house next neighborhood over. Watch the clueless masses continue living beyond their means then pick up what they drop.

I believe exit strategies are premature at this point but it doesn't hurt to think about them.

[EL34]

I have enough real estate, but you never know. I may find something I like better than what I have.

My idea is that you trade Gold or Silver coins for just enough FIAT currency to get by with.

You don't trade the whole stack at a certain point in time, you only cash in enough to get enough FIAT currency to pay for monthly things like food or whatever.

I suppose at some point it could all reverse, but I don't see Gold and Silver ever going back to $27 again once the ball starts rolling.

[Viper_99]

(07-20-2012 04:38 PM)harbl_the_cat Wrote:  I like the idea that I think Chris Duane proposed of using your silver as collateral to secure a loan to buy real estate.

Harbl has the right idea - back to silver is not an investment but a store of wealth. You use wealth to secure loans to run business, buy money making properties and use as power. I'm not sure I would sell silver or gold except in extreme survival situations.