Everyone but me seems to be happy that POS is going up. I want it to go down, down, down so I can stack some more. I retire in 20 years. I'd love to see silver sit at $20/oz for a bit so I can pick up a lot more for the dollars I have. Am I having evil thoughts? --Bill
No you're not evil. You're just looking out for your own interests like we all do here. Many are younger and have been priced out of the housing market and need a good deposit and would like it soon. Some are older like yourself and want the big pay day at the golden years of your life.
Buy the dips while it goes up. It needs to go up to keep the PoS happy as an investment........Otherwise you might just be @ a loss, when it comes time for you to retire
I've been buying while the price has been down. But enough never seems enough. I'm not happy with the rise, but I'm a fair bit away from feeling that I'm priced out of the market like when it was up at 40+
i wasnt stacking when silver hit its high a year ago, i want to see it now. imagine it hit $50 this year. amazing
Cheer up. If the price goes too high the gov may give you a grant to make it more affordable. The First Bullion Owners Grant. And if you buy new bullion straight from the mint, the grant will double. I'm holding out for tax incentives to pay for storage and insurance.
Hahaha and if you store 5kg a year in their vault they will throw in 1kg a year till you save your weight in silver
I have about 8kg stacked and I weigh 153 pounds (I'm in the States, that's a little over 69kg for you OZ folks). What's that mean for me?
It means keep buying. Every ounce or kilo counts. My target continues to be a gold kegger. Its looking fairly achievable these days - and to think... If I'd have been a bank savings stacker I'd have blew it on a house deposit (again) and be stuck on an interest paying mortgage by now... Just. Keep. Stacking.
Pirce gone up... lol.. ive been paying more the last whole year i think.. its still great buying at this level I have had the original posters thoughts like we all have but these little $1.50 increases dont constitute much of a second thought.. Anyone who was buying in the high 30s and 40s would be mighty happy to buy in at these levels in hindsight.. i am just sick of the thin slideways trade.. the big swings are where the action is at. joe
Haha. Actually I'm a vegan with a pretty healthy diet. I DO fart a lot, though. I want spot to go the other way, hit $20 for a year so I can stack much, much more for the same amount of fiat that I will be making without a pay raise!
I hear you itin, I want the price to stay down so I can stack more. Then I want the price to go UP, UP, UP, when I'M ready!
Almost a year ago now I bought a roll of silver dragons and a single gold one to finance my trip to the US. I leave on Thursday and don't need to sell my dragons (thankfully). Maybe I will buy some goodies whilst in America.
