Are we stackers, merely dreamers?

lucky luke

lucky luke

Well-Known Member
Silver Stacker
I stack because I can see metaphorical storm clouds in the future. The US dominated International system of banking is hurting (or so it appears). Lots of sovereign nation debts around the world (including the USA as the largest). A weakening of the $US dominated International banking, and damaging competition between an increasing number of producers (India, China etc challenging Europe, America) and a decreasing number of consumer states. An increasingly desperate USA intent on maintaining its economic dominance of the world, now trying to monopolise the worlds energy resources via its military might (Middle East and Africa).

So the future looks grim and I stack. But what if gold and silver do not have a place in any future crisis???? As individuals, some of us are stacking as a means to maintain some control over our lives in the event of some world economic collapse. But now, I'm increasingly starting to doubt that it'll happen. There might be a huge reshuffle of the financial card deck, but I think the same hands (the powers behind the worlds International banking system) will control the cards and do the reshuffling. And individuals, just like entire nations, won't have much freedom of movement to escape the International Financial powers.

This article contains some interesting ideas. I don't agree with the writers conclusions however.

source: http://www.webofdebt.com/articles/bankrupt-germany.php
 
Thats part of the reason i stack... also stacking to hedge against the AUD exchange rate dropping from its current high.

With all these governments buying each others debt, what happens if they decide to do a debt swap and simply write them off ??

What would happen to POG and POS then ?
 
Thats what i want to know.. I think debt write offs are quite possible, sh:tloads in $figure.
I think the POS and POS will fall if bulk writedowns occur, but i think it will mean serious times for that to happen. So before that, POS POG will skyrocket but we will need to jump out at the right time.
I will still keep some and not sell all.
 
Silver has been doing the best for me of any of my investments, something like 10% a year, so its not a dream its a reality. Gold not so much because I've only started buying in the last couple of years and have mainly bought coins with their higher premium but even so they are doing pretty much as well as anything else I have.
 
I think when coming late into the PM market, we can only see the result of whether PM will ultimately preserve our wealth after many years later, especially with silver, I feel that I probably won't be seeing the price goes to the moon in my life time, best for me would be a break even price.

Unless I'm an active trader, taking opportunities of the rise and fall in short time frame to buy and sell to make a profit here and there, my cost average on the ounces of gold and silver so far is telling me that the fiat that I've allocated in purchasing PM is shrinking. I've slowed down in purchasing gold and stopped buying silver except some collectables recently. Of course, I'm only speaking for myself and this applies only to my own situation, as my plan is to access all fiat I have in few years time to buy an investment property, with my baby steps saving, I feel that I'm in more control of achieving the target. As with PM, it is still like a gamble as I see those analysis or charts, etc are not helping much with forcasting the future trend, our world now is so different from before, I still believe that the government/fed, etc still in every control of what they want up or down in my life time. Sorry to sound a bit dull!
 
I bought in silver in early-mid 2009 and felt the same way most here feel until late 2010. It's quite possible it will be a year or more of boredom until anything exciting starts happening in silver again, just like the peak in 2008.
 
Q1: Do you believe that EVERY person who stacks is a dreamer?

Q2: If not, then what is it that distinguishes the dreamers from the realists?

In every field of human endevour, there are both realists and dreamers. Which are you?
 
NO

Just the newbies who have $20k-$30k to spend & think they can DEMAND spot :lol:
Or than purchasing loads of Dragons trying to flip them :lol:
I hope they get stuck with they're 9 coin Dragon sets for China
Or the square 4 coin set :lol:

I know I'm cruel :P
 
spannermonkey said:
NO

Just the newbies who have $20k-$30k to spend & think they can DEMAND spot :lol:

I know I'm cruel :P
Click to expand...

You can demand spot.. on 1000oz bars; pre dec or even 1966 50c if youre lucky on ebay :)
 
luckylukeonline said:
As individuals, some of us are stacking as a means to maintain some control over our lives in the event of some world economic collapse. But now, I'm increasingly starting to doubt that it'll happen.
Click to expand...

3 types of stacking (maybe more, collecting could be one), Investment, savings, and insurance.

If it is for insurance against an economic collapse, as with any insurance, you should hope not to ever need to use it.
 
spannermonkey said:
NO

Just the newbies who have $20k-$30k to spend & think they can DEMAND spot :lol:
Or than purchasing loads of Dragons trying to flip them :lol:
I hope they get stuck with they're 9 coin Dragon sets for China
Or the square 4 coin set :lol:

I know I'm cruel :P
Click to expand...

I'm not a newbie to stacking, but I am stuck with the 9 coin dragon set from China :lol:
 
Black_Sun said:
Q1: Do you believe that EVERY person who stacks is a dreamer?
Click to expand...

Of course not. But if we are going with percentages then I would say well over 50% are. Plus, anyone who gets in just before (or during) the bubble phase has no chance imo. There's just not enough time to learn and figure out what's happening.

Black_Sun said:
Q2: If not, then what is it that distinguishes the dreamers from the realists?
Click to expand...

You can usually tell I think. The longer I do this the less I realise I knew when I started and even today I'm still getting a full handle on it. I don't think the vast majority have either the time or inclination to get a proper handle on what's going on. Sad, but this is the reality of the world.
 
SA@YPS said:
spannermonkey said:
NO

Just the newbies who have $20k-$30k to spend & think they can DEMAND spot :lol:
Or than purchasing loads of Dragons trying to flip them :lol:
I hope they get stuck with they're 9 coin Dragon sets for China
Or the square 4 coin set :lol:

I know I'm cruel :P
Click to expand...

I'm not a newbie to stacking, but I am stuck with the 9 coin dragon set from China :lol:
Click to expand...

At least you have the balls to admit it :cool:
I haven't even looked at them for my stash :o
 
radiobirdman said:
Been stacking since 1996 silver brought me a house and gold paid it off :D
Click to expand...

Instant guru status... go to the head of the class young man.

Nah, but seriously, I'll have a quiet word with goldpelican, and we'll see if we can get you your own private forum. :D Standing room only... in computer terms, that means that only 10 people will be allowed to look inside your forum at any one time. The others will have to queue.
 
Black_Sun said:
Q1: Do you believe that EVERY person who stacks is a dreamer?

Q2: If not, then what is it that distinguishes the dreamers from the realists?

In every field of human endevour, there are both realists and dreamers. Which are you?
Click to expand...

Im a tripper. :)
 
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