Szag said:
Don't think for a second you made a mistake.
People quibble too much at this level of prices. It's still bargain basement at $50.
You and your partner won't be the poor schmucks that buy silver at $150/oz. How smart would you feel then?
I'll reiterate a story that may appeal to some who are just starting out on the stacking front.
Remember the big financial hullabaloo in 2008? A year earlier (early 2007), something in my gut told me that things weren't as rosy as they appeared, and I did a bit of reading online, stumbled across another set of PM forums, and ultimately bought a little silver. I paid around $16-$18 spot plus premium (and maybe some times too much premium). And maybe I could have bought things in better sizes.
I also remember at the time, wondering whether I had done the right thing. Ultimately, after a time, real life got in the way, and I boxed up what I had and stashed it aside, forgetting about exactly what was there, and most certainly forgetting about what it was worth.
Now, maybe I have a strange gut, but earlier this year, I said to myself "Self, you have this silver stashed aside, and it's time to get it out, count it, value it, and see what's been going on in that space in the last few years". Hence, I now found these forums, and got involved, made new contacts, and learn and understand much more than I did back then.
Point I'm making - you think today I care, or have a clue whether I paid a shekel or two too much for the silver I have? Or what premiums I paid? Answer is no - I figure I doubled my money in fiat terms - and most importantly, the fiat amount I spent on silver back then has not been ravaged by 4.5 years of inflation.
Yeah, I'm happy, and have started adding to the stack again, even though at the moment, fiat is a bit tight - but I make the room for it. I believe one day, with inflation, and debt problems, we here will all come to realise the true value of PM's, and however many ounces of gold or silver you have, you will feel lucky, because you know you are that many ounces in front of 99% of the population. And yes, I believe that will matter, and even while I hope this doesn't come to pass, maybe one day, those ounces you have may literally save you, and your family from starving.
