For the first time since getting in precious metals...

Hmm. If only I had the money, I would continue buying.

Guess in my head the silver/gold coins and bars are just jewelry to me. And who can ever have enough jewelry?

No offence but the reason I don't like stocks/bonds/bitcoins is cos I can't touch or hold them. :p
 
funny that I just recommenced stacking houses and cash in the offset account
 
Stay strong! This is becoming an excellent buying opportunity!!

PS - Bitcoin..... I like the idea, but IMO it's executed in a way that means it can never become a real currency. It has too great an incentive to hoard, given its (in the long run) fixed supply. With a growing economy, this means bitcoin must deflate in order to remain able to act as a medium of exchange for that economy. This makes it more profitable to hold BTC rather than spend. An economy can't function with such a low money velocity.

But.... if you plan to get out before the crash, I guess there's nothing wrong with hoarding away!
 
hiho said:
funny that I just recommenced stacking houses and cash in the offset account
Click to expand...
I mentioned that over 2 years ago & i was called a lunatic :lol: In saying that i havent sold an ounce & am holding for the same reasons i started stacking . I stopped buying at $35 i could see it heating up & pulled the plug on buying in 2011. & also recomended not buying any metals for the first half of this year in the investment forum.... I think its a good time to be buying now personally for anyone that hasnt reached their target . Its fairly priced & personally i cant see silver going too much lower ......but ive been wrong b4 thats the nature of investing you need to weigh up the options & do what you think is right ....its all a gamble
 
RetardedMonkey said:
... I am now hesitant to buy any.

I'm actually just stacking cash (oh and Bitcoins)
Click to expand...


If that works for you and your circumstances then nothing wrong with that

Seems cash is the right place to be right at this moment
 
I share the same seniment on BTC as Yeti Hunter, they are too prone to hoarding which is fine for PM but eventually won't allow them to function as a currency.
 
I will keep clear of BitCoin....way too risky for me. I'm sticking with pm coins and bullion and some blue chips and real estate.
 
Physical and Spot price is different. Good news is that we can use spot price to stack physical silver, bad news is that spot price has been controlling.
 
Investment horizon is two words which come to mind. RM known you long enough here not to preach but what was the time period you set for PM's? All markets (inc housing and cash/Fiat) havefluctuations. Either fundermentals are the same or not. For me nothing has changed. Ive given up on explaining to the quick buck investor. Which them well but chasing yesterdas news is dangerous imho

I see this time purely stacking more and more. Yes selling some items to fund the next haul. Nothing more
 
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