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If you don't hold it, you don't OWN it!! (and if you sell it you don't own it either (like me) :) by summertooth

View this thread on: hive.blogpeakd.comecency.com
· @summertooth ·
$6.48
If you don't hold it, you don't OWN it!! (and if you sell it you don't own it either (like me) :)
I had some unexpected expenses recently so I decided to turn some of my savings (silver) into cash to pay that bill and ***NOT*** go into debt.  So I grabbed 21.25 ounces of silver and took it to my LCS (local coin shop) to turn it into cold hard cash.

![](https://cdn.steemitimages.com/DQmWdSgPZZt64eigTAWcgGMZoBJQxDBpwKzfBJyVhGwoXxb/image.png)

As you can see from the above graph silver price is currently $17.66 per ounce.   With the *majority* of the last two yeas falling below that price I am happy I got $17.17 an ounce for my stuff.  

![](https://cdn.steemitimages.com/DQmbt9qL4ygLGC6qbaf12aKBkwR3w7fyBjRXWjVFMcoYo1t/image.png)

I know I did not make a killing on this and I am still HODLing most of my silver stack but I was so happy to be able to grab some of my savings (if you don't hold it you don't *own* it) and flip it back to USD to pay this bill.  

This is the reason I stack silver.  For me it is a savings account for the family that I can grab from storage at any time and use for whatever I might need.  

If you do not hold some physical silver and you are thinking about doing so why not grab some [silver at spot price (no premium) from Provident Meatals
![](https://cdn.steemitimages.com/DQmeh5Go2ksUpB4Z3V4T8QzZhUi7xxZy9PzamoDs9SMmTQf/image.png)](https://www.providentmetals.com/buy-silver-at-spot-price.html).

Yep, those are the prospector rounds that everyone loves so much so if you have some cash you were going to pop in the bank why not try turning into a savings account that **YOU** hold, instead of the bank?

![SSG-sticker.png](https://cdn.steemitimages.com/DQmNkMoYWojv5BLQqAxxAwWbpXeyvQQNaFYMSKSdDk67xze/SSG-sticker.png)

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@church-of-god ·
# According to the Bible, *How do you influence faith to Christian believers? (Part 2 of 3)*
***(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)***
https://youtu.be/cw9fUnunA78
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Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to **Thank you, our beloved friend.**  
Check our [Discord Chat](https://discord.gg/vzHFNd6) 
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@summertooth ·
$0.02
It is so sad that you **USE** Jesus Christ to spam the steem blockchain.  What a fucking idiot you are.  You obviously do mot understand the spirit of God.  
# #IDIOT

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@commentcoin ·
You have used the Hashtag #[CC] and can now reward 151.0 comments under your post with one CC.

More information about the Commentcoin-Project can be found on this account.
You can easily add an upvote to this post to support the project.
Thanks for using it.

Happy comments.
Your CC-Team:
@kristall97 ([Code-Designer])
@alucian ([Project-Designer])
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@summertooth ·
Hey folks, I am enjoying the fact that you are rewarding anyone who comments on my posts!!

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@dfinney ·
You sold 21oz?!!!!! Faaak!

I hope none of the good ones. πŸ˜‰
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@summertooth ·
Well, I still have this one sooooo....
![](https://cdn.steemitimages.com/DQmXUmW3WBZdCUdiaZAhDuukVZ7dTLm1At2BCKMFwsNW42H/image.png)
I guess not *all* of the good ones.

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@dfinney ·
πŸ€£πŸ˜‚πŸ€£πŸ˜­πŸ˜­πŸ˜­ 
# πŸ‹
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@irisworld ·
I need to check how much silver coins do i have xD
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@khaleelkazi ·
That’s awesome! I treat crypto similarly and use it like a bank in my pocket. Whenever I’ve got some bills to pay, I just pop some BTC out of my hard wallet and toss it into the Cash App where I can spend it with a debit card.

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@summertooth ·
Thanks Khal.  Yours is exactly the mentality we all need to use to promote mass-adoption of cryptocurrency.  From pocket change to paying bills, it's all just a couple clicks away.

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@ronaldoavelino · (edited)
Being in US, it is easy to find a LCS,  convert your silver to fiat and even having nominal profit, according to how much you paid for it. To me, it is totally impossible. Our LCSs sell high and buy very low...
!trdo

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@summertooth ·
Shit!  That sucks Ronaldo.  I have to drive an hour and a half to get to my closest LCS but I guess that would be a joy for you.  However, your numismatic collection is extensive (**and awesome**) and I am sure you could liquidate a piece or two if you needed to on ebay or *somewhere*.

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@ronaldoavelino ·
That is why I don't intend to sell my collection. My future grandchildren will have this decision, I hope many years after my death...:=)

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@trendotoken ·
Congratulations @ronaldoavelino, you successfuly trended the post shared by @summertooth!
@summertooth will receive <b>0.75053588</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) & @ronaldoavelino will get <b>0.50035725</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation in 3 Days from Post Created Date!

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---
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@silverd510 ·
Atleast it was just 20 ounces. I was forced to sell my entire collection. Fucking partners........😑
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@summertooth ·
Jesus H Christ it hurts my heart every time you mention that.  I was really bummed yesterday when I had to sell it but I am glad that I had it and I actually did not lose money on it so at least there is that.  By the way, I hope your former partner is hanging out in the same place as Jimmy Hoffa.

Posted via <a href="https://steemleo.com/">Steemleo</a>
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vote details (1)
@silversaver888 ·
AWESOME. This is exactly why we save in silver! Ain't it great that you thought of putting away some of your fiat a while back in silver which allowed you to have that silver to sell. Precious metals are liquid. Awesome to have savings in silver.
πŸ‘  
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@summertooth ·
This is *exactly* how I feel and I am so glad to hear someone else express it so clearly!  I am not worried in the least because next time I have a bit of extra usd I will turn it right back into silver.  Liquid indeed!

Posted via <a href="https://steemleo.com/">Steemleo</a>
πŸ‘  
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vote details (1)
@silvertop ·
Yes @summertooth Silver and Gold is better than money in the bank, it's money in " Your Bank " my friend.
You never know what unexpected bill you might have....
Thanks for the link to Provident Metals I will check it out!!!
Enjoy your evening!!πŸ˜€
πŸ‘  
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vote details (1)
@summertooth ·
Sure thing. I saw you asking in discord and these are really cool rounds at the best price going. ;)

Posted via <a href="https://steemleo.com/">Steemleo</a>
πŸ‘  
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@silvertop ·
Thanks @summertooth, I kind of figured that's why you put the link in your post.  I don't know what has changed up where I an, because I always got interesting Silver in the past...
Now the junk Silver is at spot plus $2.00πŸ˜³πŸ€”
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@stokjockey ·
I like that SteemSilverGold Banner @summertooth Can I STEAL It and Use it in my Posts once in awhile ??
πŸ‘  
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@summertooth ·
Yes!  100% yes you can use it all day long my friend, it is a cool one.
This one is my favorite though and now that bitcoin is about to go crazy I may make some of these into stickers....
![first sticker.png](https://cdn.steemitimages.com/DQmWYP1f1rzNJEFvwzBooo29tQwgSVnBDUGFaiC2oDNUBdi/first%20sticker.png)

Posted via <a href="https://steemleo.com/">Steemleo</a>
πŸ‘  
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@trendotoken ·
Congratulations @summertooth, your post successfully recieved <b>0.75053588</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) from below listed TRENDO callers:<br>

>	<sup>@ronaldoavelino earned : **0.50035725** [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation</sup> 

---
<sup>To view or trade TRDO go to [steem-engine.com](https://steem-engine.com/?p=market&t=TRDO)
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@welshstacker ·
It sucks you had to sell some silver now. I think we might be due a move back above $18.50 very soon.

Regardless of what price you got, this is the exact reason why most of us stack silver. We buy silver as a physical form of money, so when the SHTF we can exchange it to what ever form of fiat currency is needed and spend it.

I think it was @raybrockman that wrote a blog about the "value of the dollar" yesterday and for me silver will always be a hedge against inflation. 

Like what @ronaldoavelino said, is the same for me.... I may have some trouble should I want to exchange silver for fiat as there are **NO** LCS' around me that I can easily convert in. My plan is foolproof, until I come to selling!!
πŸ‘  
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@summertooth ·
It's weird that you don't have LCS' over there that will buy at spot minus a dollar or two (which is common here).  Do these shops even have any silver to sell?  If so where do they get it?  Do people really come in and sell their silver for half of spot or something crazy like that!? God I fucking hope not.

Posted via <a href="https://steemleo.com/">Steemleo</a>
πŸ‘  
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