Discussion in 'Markets & Economies' started by whay, Dec 30, 2019.
you know how valuable something is when they give it away.
Thanks, your explanation was easier to understand than Lowe's.
Silver is what to buy by far but I still do 10:1 ratio for diversity. Gold is stable and an easier choice but at 85:1 a guy would have to be pure Downs Syndrome not to buy silver.
As the ratios close the market will go NUTS!
Dont blame the metal for the manipulations. The metal is the only pureness in the whole system.
You can ignore reality but you cant ignore the consequences of ignoring reality.
I must be a major downy then. Can't bring myself to buy silver when I could buy another gram of gold instead
They are both good. It just sounded funny but I couldn't fault someone either way haha.
Grams add up!
I'm leaning towards silver myself but wont pass up a 1/10 gold now and then.
Gotta keep it fun and not that serious. People do best when they get what they like.
Agree that golds price is inherently more stable than silver when people loose faith in Fiat however silver will spike very quickly but does not tend to maintain the level. Catching a ride on one of those spike can be very rewarding.
Silver will never displace golds ultimate status of money.
No, silver will always be the little brother. But its sprung like a rubber band ready to pop right now so that will be my next move to gold. Never know could go for years more haha.
Convert all i can at a ratio that is more fair sometime in the next 20 or 30 yrs is my plan, whenever it happens it happens..
Gold is always the goal for me, but silver lines the pathway.
Silver was money and more valuable than gold in China before the new world was discovered and dumped a huge amount of silver onto the market. It takes time for the industries to exhaust this new source of silver and this will take many years. Eventually this will happen and silver will become money again.
I can't wait until the year 3000, I have to live in the now where the only real money left is gold.
Im back in the Ag market for that reason
My strategy is 50% of my silver stack I'm holding for 30 years, but this doesn't mean it has to stay in silver form. Over the next 30 years, if there's a good opportunity to trade the ratio, a lot of my stack will go to gold. The way I see it, by stacking silver I am also stacking gold, but potentially at a fraction of what others will be paying per oz. Time will tell if it works out. This is my retirement stack.
The other 50% is my opportunistic stack or the speculative stack. If there is a great opportunity to cash in and/or transfer my stack into other assets, like property and land, or Bitcoin (Just messin'), Gold or anything that I deem undervalued at the time, I will likely do it. It's also possible to use your silver and gold as collateral for a loan with specific brokers. This may also be something I consider if silver gets blown into a massive bubble.
80% of my stack is in 1oz coins. I did this to provide me with more options when it came time to sell. Who knows what the price will be in 30 years?
5% of my stack is in round 50cents and pre 1946 coins.
10% is in bars no larger than 1kg.
The remaining lot is in the finest Bullion art pieces from no other than Matt - AKA Smithy's Bullion. I can't get enough of this $h!t. He pieces make the rest of my stack look like glorified paperweights compared to his Bullion art.
Here's a sneak peak of my skull collection:
That is a great presentation of his work, I have been thinking of putting something together to display at Bullion Now to get him some exposure but none of my pieces are that pretty!! Would you consider loaning it out for display??
I would follow your stacking policy if I had the wealth. I cannot afford to speculate on silver. I can only afford to protect what little I have, which means buying certainty with gold.
I'm not sure what would be involved in loaning out the display. These pieces are quite special to me and I do like to appreciate them on a daily basis. On the flip-side, I would also like to help Matt get the recognition he deserves. I'd be happy to loan if I could see the arrangement being of any significant benefit to Matt, to justify me being deprived of my beauties for a period of time.
Here's a Smithy's Bullion bar collection. Most of these bars came from a member here in a bulk sale recently:
And this is some of the other gems I have from Matt:
The Bolt and Piston were my first acquisitions. Both stamped #001 - I didn't realise at the time just how much I would appreciate Bullion in this form:
This is 'James' - My 007 kilo cube that Matt made for me. This thing is incredibly satisfying to hold:
Great to see my pieces displayed like this. Always a pleasure trading with you mate.
Thanks for sharing and look forward to bigger and better things.
If you're keen PM me and we can see if we can work something out. Happy to arrange post and sort out a guarantee if the boys at Bullion Now can make space for a display.
Later on this year I’ll be contacting some dealers to see if it’s possible to display some of my pieces.
I know the dealers have other things they need to sell but it’s on my list of plans for this year.
You need to do a couple pamphlets to go along with your cards and displays!
You need to pay me for last Fridays auction win or at least read my auction conditions.
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