Going all in on silver

Discussion in 'Silver' started by Guest, Nov 16, 2012.

  1. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,653
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern
    Well geewiz what do you mean by 'all in' ?

    going 'all in' with all the spare change found around the house ?

    or going 'all in' with all current cash savings ?

    or selling all other investments and putting everything into silver ?

    or selling everything (house, car, wife) and putting it all into silver ?
     
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

    Joined:
    Feb 26, 2010
    Messages:
    8,809
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    Gone Fishin'
    Have the fundamentals of what got you stacking in the first place changed?
     
  3. Mimaki

    Mimaki Member

    Joined:
    Oct 23, 2012
    Messages:
    77
    Likes Received:
    3
    Trophy Points:
    8
    Location:
    Gold Coast, Australia
  4. Guest

    Guest Guest



    selling all other investments and putting everything into silver ? this



    I wouldn't see it as too big a risk considering it's money that can't be printed and its running out. Though there will certainly be big money to be made in other areas too.
     
  5. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    As of late, buy in at $30~ and sell at $33~

    Rinse and repeat a few times.
     
  6. REDBACK

    REDBACK Well-Known Member Silver Stacker

    Joined:
    Nov 22, 2011
    Messages:
    4,135
    Likes Received:
    1,641
    Trophy Points:
    113
    Location:
    Melbourne
    Take control of your decision,i have a bag of Ruins that normally helps out.


    REDBACK
     
  7. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,826
    Likes Received:
    84
    Trophy Points:
    63
    Would that be Runes?...Ruins would be the outcome..
     
  8. metalzzz

    metalzzz Well-Known Member

    Joined:
    Sep 3, 2011
    Messages:
    1,977
    Likes Received:
    86
    Trophy Points:
    48
    Location:
    Australia
    Your net worth is your net worth. Definitely not worth losing all of, regardless of its dollar figure.
     
  9. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    2,430
    Likes Received:
    126
    Trophy Points:
    63
    Location:
    Australia
    Buying PM - you are not likely to lose all your savings unless stolen or destroyed. Having cash in the bank will with 100% guarantee, be worth less and less each year until it is completely without value. I agree buying silver alone is more risky than diversifying in several hard assets (including Ag), but is less risky than leaving it in cash over the next 10 years.
     
  10. RhythmDoctor

    RhythmDoctor Active Member

    Joined:
    Apr 4, 2011
    Messages:
    3,324
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    The point within a circle...
    Going 'all in' in any situation is one of the craziest gambles you can take.

    It's in the name.
     
  11. RhythmDoctor

    RhythmDoctor Active Member

    Joined:
    Apr 4, 2011
    Messages:
    3,324
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    The point within a circle...
    Didn't know you read runes REDBACK, always been curious about it as a tarot reader - fire me a PM if you can help me get started! :D
     
  12. tozak

    tozak Well-Known Member Silver Stacker

    Joined:
    May 6, 2011
    Messages:
    1,959
    Likes Received:
    81
    Trophy Points:
    48
    Location:
    Australia
    I hold both Gold and Silver but alter my own ratio to try and capitalise on the best risk:reward at the time. At the moment I'm 99% Silver and 1% Gold in dollar terms.

    Silver is more volatile than Gold so if there is a chance you will have to cash out within 2 years then put that component into Gold to save potentially having to liquidate Silver at a larger loss.

    Otherwise put the lot into Silver as it's a better play.
     
  13. Rinchin

    Rinchin New Member

    Joined:
    May 15, 2011
    Messages:
    420
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    New Zealand

    Thank you this sums up how i see it much easier than I could have put it. Now in my 20's I am with you on the 99% / 1% ratio, at a lower gsr or closer to retirement age I'd adjust my stack towards more gold weighted tho.
     
  14. REDBACK

    REDBACK Well-Known Member Silver Stacker

    Joined:
    Nov 22, 2011
    Messages:
    4,135
    Likes Received:
    1,641
    Trophy Points:
    113
    Location:
    Melbourne
    Cant anybody use a play on words without the spelling police jumping to conclusions ;) , thought that was funny myself-But as Hotel46 pointed out that was after 1/2 a bottle of scotch!!

    Future disclaimer- Anything i say or post on a friday night(Which shall be officially forwarded as scotch night) shall not be taken seriously as verbatim and a licence for humour shall be applied to the reading.I have more than enough detractors for this lifetime..Nahhh :lol:
     
  15. bordsilver

    bordsilver Well-Known Member Silver Stacker

    Joined:
    May 23, 2012
    Messages:
    8,717
    Likes Received:
    304
    Trophy Points:
    83
    Location:
    The rocks
    :lol: Tac's signature comes to mind

    Grammar: the difference between knowing your shit and knowing you're shit.
     
  16. villiagegate

    villiagegate New Member

    Joined:
    Sep 20, 2010
    Messages:
    123
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Utter insanity. **if** you were going to, do it on a breakout. Not when you'll lose sleep over a side ways market..
     
  17. Matthew 26:14

    Matthew 26:14 New Member

    Joined:
    Sep 3, 2010
    Messages:
    3,305
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Victoria
    Sure, go for it ONLY if you are prepared to lose the lot. In fact, why not debt up so you can buy even more silver?!?! If you arent prepared to lose, dont play the game.
     
  18. greyman68

    greyman68 New Member

    Joined:
    Oct 18, 2010
    Messages:
    371
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Go for Silver!!! Nguen
     
  19. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,653
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern

    Probably not such a risky move as many here are suggesting, with one big rider:

    provided you've got your housing sorted - ie you own a place to live without a large debt hanging over you.



    I know that's probably going to bring out the anti-property brigade but who cares.
     

Share This Page