This was a thought that came through me today. I generally see stackers who either buy or own hundreds of kilos of silver or many kilos of gold to be mostly in their 50's or older. I also see younger stackers in their 20's and 30's who usually have less than a hundred kilos of silver or less than a kilo or two of gold, which makes sense as you would have a better chance to accumulate more as you get older as you would either have a higher earning capacity, have more savings or have more assets at your disposal (eg:real estate etc). So to the stackers here I ask, would you rather be in your 50s with a very large gold/silver stack or would you prefer to be in your 20-30s with a comparatively smaller stack (less than 100kgs of silver and/or less than 1-2kgs of gold)? Which tradeoff do you prefer and why?
20 with 99.9kg of silver and 1.9kg of gold, please. That would give me a PM portfolio worth north of $100k which puts me in much better shape than I was at the time (as an impoverished uni student). Do I get to know what I know now when you magically make me 20 again and shout me that stack?
I am an oldie and I'd rather have a larger stack now, however at this time it is not so large. Reason is that if I was younger I'd rather plough all that money into getting my home paid off. There is nothing better than having your own home paid for. With no rent and no mortgage you can go for other investments like metals. I would never have dreamt of having metals in my 20's, other than the few bits and pieces that I bought in my travels. There are more important things to get on top of when you are younger.
I'm much better off now due to my dumb young guy choices I made in the past haha. Hard lessons to learn but I have stability now. I'd stay where I'm at since it's worked out better for me and I seem to enjoy alternative living and off grid better than the city. If I could go back knowing what I know now it might be different.
I wonder the correlation between stack size and penis size. Like the guy driving the Lambo with his little sisters pants on? Haha
There's a very steep drop off in metals investment in retirement accounts as age decreases. The young are stacking Apple, Microsoft and Bitcoin, and these and winning the supply and demand beauty contest. Maybe that will change. In many ways I would prefer to be the old stacker because the young stacker might never reach the old man's purchasing power.
Bitcoin, stocks and property are debt driven investments that will do badly in a deflationary event or financial crisis. Whereas gold, since it has no yield is seldom bought with leverage and it won’t matter if the banks all collapsed. Strange that I’m talking about this when everyone should have seen those gold and money youtubes a dozen or even a hundred times?