Dont read silverdoctors, zerohedge or their ilk nor give any credence to anyone if they attempt to use these sites as a reputable reference. Most if not all the people that write there would be bumming for loose change if those sites didnt exist.
Yes, just ignore the Ignored Member, HA, HA How easy is this? He is probably the Member who is busy playing with his own Member. Silver Doctors & Zero Hedge are great fountains of knowledge for anyone who is not an (alleged) IMBECILE.
^ So you suggest listening to you instead... the helmet wearing, yellow bus riding, crayon fisted slack jawed yokel who would be bested by a baked potato in a debate? Um yeah ok. Clearly you seem to think my comment was directed at you when you never even entered my mind. What got a bee in your bonnet? The fact you bum for free as no one will give you loose change? PS - when you ignore someone it tends to mean you don't read or respond to their comments you twit.
i try to keep off the internet while drinking, doesnt always work. buy vintage numis for spot when you can. never buy anything olympic.
Do not go more than 25% above spot. Do not buy anything "colourised". Do not buy anything larger than 5oz. Do not pee into the wind.
My rule is never get sucked in by the silver pumpers. I have been guilty of buying their BS and using it to justify some purchases years ago . I think silver will have its day again but not for any of the reasons the pumpers suggest.
Paper gold only as hold and sell. No emotional attachment. Silver coins (few few hundred of them) I buy like I used to collect football cards. This kind silver collecting is considered a hobby, some people fish.... Silver strategy as an investment depends on your stage of investing life, if you’re starting out in investing stay away from silver. If you’re in the middle of life investing, stay away from silver If you’re near the end and comfortable and thinking about the future inheritance for your kids, maybe.
Every time I save myself ~$20 I buy myself an ounce Indians scattered on dawn's highway bleeding Ghosts crowd the young child's Fragile eggshell mind
So many haters on a silver forum.... blood in the streets Makes you wonder why they are here, doesn't it?. _JLG.
- what you intend to sell to a dealer, chose classic 1 oz's. These sell easiest. - what you intend to sell to nondealers, existing or new stackers, choose designs that alot people have some recognition in it. Nobody has or even knows what a koala or kookaburra is, everybody has dogs, horses, rabbits 'round. And skip the ugly animals / designs. Nobody wants to spend a half wage on a kilo monkey. - buy those lunar designs only when it's the year of the animal. Buying those from earlier years rapidly increases the price tag and it may take a next Kondratiff cycle's wave greenhorns to find one willing to pay you the hefty surplus. - don't buy 1 oz lunars, at the least not in quantities. Go for 10 oz or kilo's. For every 10 ozzer out there, there are 10000 1ozzers, meaning that the 10 oz or kilo coin impresses 1000 times more. - don't listen to professionals. They get paid with their audiences money. - diversification is sh!t. Look at immigration, the ghetto's have reasons. Best to stick to a limited selection, and become good in it. Just like in economy, everybody there has a profession, those that don't end up in jail or worser, State busykeeping. The same applies to speculation. - Never do what is easiest to do because then everybody can do it and to win you have to go against the herds that do listen to professionals. - Quitters stack losses instead of coins.
if coin can be cheaper, go for the coin Austrian Silver Philharmonic - Various years - 1 oz 100 (AUD 21.86 each) Total - AUD 2,186.00 Johnson Matthey Silver Bar - Rarity: No longer in production - 100 oz 1 (AUD 2,198.15 each) Total - AUD 2,198.15 Nadir Refinery Silver Bar - 100 oz 1 (AUD 2,184.54 each) Total - AUD 2,184.54 OPM Silver Bar - 100 oz 1 (AUD 2,156.07 each) Total - AUD 2,156.07 Perth Mint Silver Bar - 100 oz 1 (AUD 2,193.96 each) Total - AUD 2,193.96 Royal Canadian Mint Silver Bar - 100 oz 1 (AUD 2,193.96 each) Total - AUD 2,193.96 Scottsdale Silver Stacker Bar - 100 oz 1 (AUD 2,323.76 each) Total - AUD 2,323.76 Silver Bar - Various Brands - LBMA - Circulated in good condition - 100 oz 1 (AUD 2,164.65 each) Total - AUD 2,164.65
It's not really hating, it's just a bear market, 7 years ongoing. Yesterday the price (in euro) dropped abit below my previous purchase (2015), I also checked this forum - it looked like a graveyard, so all conditions met to buy again silver, 6 lunar dog kilo's. In the beginning, when I started stacking in 2011, at double todays price, I registered on silver forums, and they were congested with happy people that posted every minute. That's why I'm here. In meantime I stacked a variety of other things, appearing as underpriced on flea markets / secondhandshops etc, I learnt to fix/repair these (even sewing), and I now have some tonnes stuff stored, ready to be sold when time's there (probably when I retire). If things don't go that way, ohwell, all together it all costed my a tiny fraction of what I put in silver. And I already know what to do when retired.
Thought this article was super helpful and I've been sticking by it. Also, the company seems to sometimes run deals on silver at spot price which is freaking amazing. https://bullionexchanges.com/blog/2017/12/29/top-10-gold-silver-coins-investing-2018/
Oh, another self imposed rule is that I track my stack in my local currency (AUD). Why? Because, after all that is what I buy things in and that is what I earn in my pay packet. While silver has had a beating in USD it is still over $20 AU so things are not so bad. I bought in from 2015 to now and the net price has moved around a bit but is still OK. In fact I have had to sell out in 2016 and managed to get over $25 per ounce which was nice. Weeping over the fall in value of the AUD vs USD seems pointless to me when I am paying the same for bananas with AUD and my mortgage did not change... In that same period, gold has been awesome.
