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  1. SlyGuy

    Bitcoin

    The meat sale story is different than crypto. It mentions BitBoin but actually has nothing to do with it. The business in the story probably transacted in whatever currency NZ uses (AUD?). Blockchain is just a very simple "digital leger" technology that basically functions as a spreadsheet...
  2. SlyGuy

    1 kg coins

    Yep, lots of big pucks available from many government and private mints. Bars of the same 1kg weight will generally be only about half the premium price, though... My favorite kilo = whatever bar is on clearance (usually hand pours or RMC) :) If you're startin to buy that much silver, it might...
  3. SlyGuy

    SS Crypto Brains trust.

    There is no development phase. A bubble can occur with real assets or worthless ones. The "development" or "maturing" you hope for would require good underlying fundamentals. Bubbles like tech stocks or industry stocks or precious metals can, and usually will, rebound and eventually gain again...
  4. SlyGuy

    Stock picks for 2018-19 "Holiday Sale"

    I think we have a lot of pessimism in the markets right now. It seems to happen this time of year anyways, but it might be magnified with the trade tariffs and the mid-term USA elections here in 2018. We have seen a lot of volatility and loss of value across NYSE and other major markets (Tesla...
  5. SlyGuy

    Bonds in $916 Billion Wipeout Spark Fear of Worst Run Since 1976

    I don't think it's just the rates right now... it's overall returns that have been bad this year for bond owners. When you combo low rates on 10 year treasury with rising Federal Reserve interest rates, that makes for the perfect storm that causes bad bond returns in both principal and the...
  6. SlyGuy

    All in on previous metals

    Yep. Not only that, but after the overshoot levels off, those spikes are basically just to account for inflation. Over any substantial length of time, there is no real significant growth in the metal's value in terms of buying power. Unless the precious metal owner can sell in the in the very...
  7. SlyGuy

    What metal would you buy for 20% of self worth long term 30 years span

    This is all true, but you don't really know exactly when the buying opportunity will arise with stocks. Since it could be awhile, bonds or bond ETFs can give you roughly 3%. The bonds would usually go down minimally or actually go up in value when a stocks crash occurs, and the money is already...
  8. SlyGuy

    $13 silver might be possible

    Above-ground supply and amounts in Earth's crust are two entirely different things. Above-ground is refined and usable metal (in coins/bars, jewelry, statues, etc etc). Earth's crust is referring to the veins yet to be mined (assumed to be a ratio between about 8:1 and 16:1 silver:gold). For...
  9. SlyGuy

    What metal would you buy for 20% of self worth long term 30 years span

    Ding ding ding. ^^ You don't have to live in USA to invest in NYSE or NASDAQ or US bonds, do you? I have investments in German stocks, Asia indexes, Euro Indexes, international bond funds, etc etc. I'd think that most of the major investing sites are happy to take your money and enjoy your...
  10. SlyGuy

    What metal would you buy for 20% of self worth long term 30 years span

    You are pretty young, so I would be careful being so bearish on the markets. Talking about being 20% in gold and predicting both a stocks and real estate crash soon is pretty doom and gloomy. I know the gold sellers tend to preach the evils of stocks and blah blah, but it is just not the truth...
  11. SlyGuy

    Great new bullion series from the Royal MInt: The Queens Beasts

    What are you talking about? I collect mainly basic 1oz silver ASEs and Brits (have hundreds of each), and my average cost paid is at least $1USD cheaper on the Brits. In the USA at least, it seems to go like this for the main government mint coins: Panda > Libertad > Eagle > Brit > Maple. I...
  12. SlyGuy

    Great new bullion series from the Royal MInt: The Queens Beasts

    Yeah, that's what stopped my interest in this 2oz series also. Just like the 1.5oz Canada coins, some were nice, but getting special sized capsules is a pain. The capsules that come from any mint are junk, and I always upgrade to Air Tite ones. And even though the specialty capsules are only...
  13. SlyGuy

    Gold eagles

    It matters more what percentage of your portfolio than what dollar amount. General consensus is that around 0-10% is the right place for precious metals (depending on personal preference and market outlook). For someone with a portfolio of 3million, 250k in gold is fine. For a 1million...
  14. SlyGuy

    What metal would you buy for 20% of self worth long term 30 years span

    It depends what you are using that portion of your portfolio for. Stocks have a much better track record of growth, and the safety of equities is pretty good if you use a value investing method (ie, Graham/Buffet).To someone who needs a growth-oriented portfolio (usually a young or middle aged...
  15. SlyGuy

    What metal would you buy for 20% of self worth long term 30 years span

    Neither... that ties up too much portfolio value which could be put into better growth investments like equities or real estate or a business. If you are using the gold as the cash / cash equivalent /savings portion of your portfolio where you don't expect much growth yet keep it as an...
  16. SlyGuy

    Gram gold

    It is true that fiat currency can collapse, but a currency collapse doesn't mean 'SHTF' anarchy and people bartering. Italy, Greece, Argentina, the majority of Slavic and USSR countries, and many others have 'collapsed' from weak GDP and/or currency overprinting in the last hundred years. It...
  17. SlyGuy

    Other Silver uses....finally

    That cream (spelled silver sulfadiazine, or SSD) is still the main thing used for burns and many open wounds... moderately expensive, but not too bad. Some of the newer products (foams, dressings, etc) containing silver are fairly spendy.
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