Quote:
Curious, do y'all trade silver or gold? I guess what's the importance of short term price action other than for buying?
The two things stackers wait for are price dips for buying opportunities or the collapse of the dollar when the PMs go exponential. Stackers won't sell at any price within recent norms. Is this correct?Quote:
I think most here are stackers
Apache said:Quote:
Curious, do y'all trade silver or gold? I guess what's the importance of short term price action other than for buying?The two things stackers wait for are price dips for buying opportunities or the collapse of the dollar when the PMs go exponential. Stackers won't sell at any price within recent norms. Is this correct?Quote:
I think most here are stackers
The asset allocation to precious metals across all Americans ranges between .5%-1% of net worth. What happens when that goes to 2%-3% or more? :-)Yukon Cornelius said:
Should never think like This. Be grateful you bought last year. Most people didn't.
When?Q1180 said:
Complete novice here on gold/silver market. When should I buy gold and should it always be physical gold?
What is 5%-10% of your monthly pay? Take that, and buy every month. If it's not enough to buy verifiable good product, then do it quarterly. And never stop. The best way to be fully hedged for a systematic meltdown is to have a quantifiable portion of your net worth in physical metals. YOU DONT CARE ABOUT RETURN ON INVESTMENT OR VALUE OF GOLD. This is a lifetime hedge. You only care about buying using manageable amounts of discretionary income.Q1180 said:
Complete novice here on gold/silver market. When should I buy gold and should it always be physical gold?
When I said removing counterparty risk, I meant that I buy and I store. Every person or company that has access to your precious metals after you own them is a potential failure point.Q1180 said:
So are you buying gold bullion etc and having it shipped to you for you to store or buying physical gold kept someplace else through a broker?
Heineken-Ashi said:What is 5%-10% of your monthly pay? Take that, and buy every month. If it's not enough to buy verifiable good product, then do it quarterly. And never stop. The best way to be fully hedged for a systematic meltdown is to have a quantifiable portion of your net worth in physical metals. YOU DONT CARE ABOUT RETURN ON INVESTMENT OR VALUE OF GOLD. This is a lifetime hedge. You only care about buying using manageable amounts of discretionary income.Q1180 said:
Complete novice here on gold/silver market. When should I buy gold and should it always be physical gold?
Q1180 said:
Complete novice here on gold/silver market. When should I buy gold and should it always be physical gold?
Outdoorag011 said:Q1180 said:
Complete novice here on gold/silver market. When should I buy gold and should it always be physical gold?
Also, before you buy post the price on here and we can help out to make sure you are getting a good deal.
Outdoorag011 said:
One of the many reasons why I stack
Jefferson fought his ass off to prevent central banking from gaining footing here. He ended the second (first that had legs) attempt at a central bank by paying off our debts. Unfortunately, like said above, the second the people gave away the power to mint and control the money, it was game over. Keynesian feels great in the middle. But sentiment runs in cycles, and you can't stop a train running downhill at full speed. Not even a global scare like 2008 could stop it. We let them take from our deposits and grow the money supply to obscene levels, destroying our wealth through currency deflation (while also allowing them to legalize bail-ins which will be coming). We were then powerless to stop them doing it again even harder in 2020. But sentiment always rolls over. And with it, the entire house of cards.TTUArmy said:Outdoorag011 said:
One of the many reasons why I stack
That video is supremely strong medicine. We were warned about the dangers of fiat currency and central banking. Our founders are probably rolling in their graves. Hell, even the man who handed control to the Fed, Woodrow Wilson, had miserable regrets. He basically admitted that he had sold this nation's soul to the Devil.
fish_rich said:
Bought this graded gold bullion off Wal Mart below spot today
