Hello, now stacked up

Discussion in 'Welcome New Members' started by johnmorris, Nov 30, 2011.

  1. johnmorris

    johnmorris Member

    Joined:
    Oct 14, 2011
    Messages:
    39
    Likes Received:
    3
    Trophy Points:
    8
    Location:
    Inner West, Sydney
    Hi all

    Aquired a silver stack in the last month - first perth bars, then lunar coins and pandas, then pamp bar, a pirates bag of 50% and 90% coins for show, including a couple of numismatics and yes, even a middle size gold bar and a sovereign.

    wouldnt know myself now even just 5 weeks ago; happy for the journey.

    hoping theres a good growth over 4 years or so; regard myself as a custodian of the lovely metal to date, though might keep some of the nicer coins - and donating the odd bit to the better half:D

    have enjoyed advice on this site as gone through process, thanks all, and good luck all of us.
     
  2. Jing

    Jing Member Silver Stacker

    Joined:
    Mar 1, 2011
    Messages:
    529
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Melbourne
    hello and welcome :)
     
  3. Guest

    Guest Guest

    "hoping theres a good growth over 4 years or so"

    If you break even on your spending power, consider your investment well made.

    Capital growth investment in precious metals is a pretty ballsy expectation mate, especially in the short term. If you've been reading this forum you'd know that the precious metals market is the most heavily manipulated commodities market in the world today.

    Considering you've bought your stack in one heap and over $30 for Ag and record highs for Au, I'd suggest you're in for a wild ride to say the least.

    Not saying you've made a bad choice, but rather you need to be realistic about your expectations. As a precious metals stacker, you've drawn a line in the sand over some very powerful opposition who will do their level best to undermine your buying power looking ahead.
     
  4. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

    Joined:
    Feb 25, 2010
    Messages:
    5,150
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Hunter Valley, NSW
    On a more positive note, congratulations on your decision and welcome...
     
  5. Guest

    Guest Guest

    ^^^ Said the actress to the bishop! ;)

    Welcome to forums, enjoy the ride! :D
     
  6. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,971
    Likes Received:
    6,629
    Trophy Points:
    113
    Location:
    Sydney
    Welcome aboard!
     
  7. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,516
    Likes Received:
    638
    Trophy Points:
    113
    Location:
    Australia
    Nice diversification!

    Usually takes a while to move out of one type into another, took me about three years to progress to where you are now (on a bigger scale though!)
     
  8. glb1266

    glb1266 Member Silver Stacker

    Joined:
    Oct 10, 2011
    Messages:
    84
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Bathurst
    Hi and welcome
     
  9. johnmorris

    johnmorris Member

    Joined:
    Oct 14, 2011
    Messages:
    39
    Likes Received:
    3
    Trophy Points:
    8
    Location:
    Inner West, Sydney
    thanks for all the replies. all said, as bullish as i am for silver (and europe only proving so) , my target of double way under the thread debate of 100. regardless. the 50cs look great in full lights
     
  10. Maggie

    Maggie New Member Silver Stacker

    Joined:
    Feb 9, 2011
    Messages:
    6,314
    Likes Received:
    2
    Trophy Points:
    0
    Location:
    R.I.P
    Hello and welcome
     
  11. Wiowi

    Wiowi Member Silver Stacker

    Joined:
    Sep 24, 2011
    Messages:
    343
    Likes Received:
    15
    Trophy Points:
    18
    Location:
    who knows
    Welcome to SilverStackers john. Accumulate!! Accumulate!!
     
  12. Ernster

    Ernster New Member

    Joined:
    Feb 19, 2010
    Messages:
    1,735
    Likes Received:
    0
    Trophy Points:
    0
    Having a change of heart Auspm? Doesnt sound like you to be bearish.
     
  13. boston

    boston Well-Known Member Silver Stacker

    Joined:
    Jul 7, 2009
    Messages:
    3,857
    Likes Received:
    24
    Trophy Points:
    48
    Location:
    Australia
    Welcome to the maelstrom. :)
     
  14. Ozboy

    Ozboy Active Member

    Joined:
    Oct 15, 2010
    Messages:
    1,935
    Likes Received:
    14
    Trophy Points:
    38
    Location:
    Australia
    Hi. Welcome to the monkey house.
     

Share This Page