hi all, I'm brand new to the silver thing so am loving this site (I was lucky enough to stumble across it through googling). I'm looking to hold some PM to protect against fiat currency devaluation as well as to have a bit of fun. gold pelican's introductory article and the comments on that post were invaluable http://forums.silverstackers.com/topic-880-buying-silver-in-australia.html I guess the main thing I've learnt so far from reading various posts on this site is that there is no "one right way" to go about stacking as everyone has their own styles and preferences - am looking forward to developing my own! I'm going to get along to the next Melbourne meet up to say hi in person and learn some more.
From an also new member, welcome. Do not stack, think first, value your investment then consider if stacking is for you. You will not find much on the negative side of the fence for PM's, i just like to remind people of that side, that all is not safe. And yes it is not very well tolerated, especially by those who have a vested interest to sell to you. Good luck!
Makes sense to be cautions like that. There are some silver prophets around that have upset their followers when they didn't go ahead with their group suicide pact. @_@ So while it didn't get to Waco siege proportions, it nonetheless got slightly ugly. :/ Here's a few stacking methods I've identified on SS: -trade silver like its still 2006 (buy low, sell high, use leverage) -listen to your tin foil hat (whatever it tells ya) -be contrarian and do the "opposite" of what other stackers do (buy when everyones selling out, sell when everyones buying) -stack silver before it goes to da moon! (BTFD, cost average) Personally I wear a tin foil hat, so I stay away from the real estate section for good reason It is the elephants grave yard for all those who wear tin foil hats @_@