What to buy?? Budget 75k

Discussion in 'General Precious Metals Discussion' started by Chillidog, Nov 21, 2012.

  1. neonuke

    neonuke Well-Known Member Silver Stacker

    Joined:
    Jul 29, 2013
    Messages:
    736
    Likes Received:
    745
    Trophy Points:
    93
    Location:
    Melbourne
    Damn, hindsight is 20/20. 75k in BTC in 2012 is worth 150mil+ now, even after the recent dump
     
  2. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2019
    Messages:
    3,602
    Likes Received:
    3,454
    Trophy Points:
    113
    Location:
    Colorado USA
    20% au/80% ag, skip the rest and stick with the money metals.
     
  3. neonuke

    neonuke Well-Known Member Silver Stacker

    Joined:
    Jul 29, 2013
    Messages:
    736
    Likes Received:
    745
    Trophy Points:
    93
    Location:
    Melbourne
    yeh nah…

    average closing price gold 2012 - US$1668, today US$1700 ish, so would’ve gone backwards in real terms

    average closing price silver 2012 - US$31, today US$18 ish today, ouch!

    these numbers are brutal, holding dirty fiat would have done you better than being heavy silver
     
    JohnnyBravo300 likes this.
  4. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2019
    Messages:
    3,602
    Likes Received:
    3,454
    Trophy Points:
    113
    Location:
    Colorado USA
    Perfect reason to buy now.

    Stocks would have been the choice in 2012.
     
    neonuke likes this.
  5. Davros10

    Davros10 Well-Known Member Silver Stacker

    Joined:
    Aug 6, 2014
    Messages:
    723
    Likes Received:
    715
    Trophy Points:
    93
    Location:
    Canberra
    Give it one or 2 more weeks and then buy silver at around $16-17
     
    JohnnyBravo300 likes this.
  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2019
    Messages:
    3,602
    Likes Received:
    3,454
    Trophy Points:
    113
    Location:
    Colorado USA
    Im a weekly buyer now, every payday.
    Dollar cost averaging on the way down is my new thing. Wherever the bottom is i will be there and all the cool kids are doing it.
     

Share This Page