Going all in on silver

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Well geewiz what do you mean by 'all in' ?

going 'all in' with all the spare change found around the house ?

or going 'all in' with all current cash savings ?

or selling all other investments and putting everything into silver ?

or selling everything (house, car, wife) and putting it all into silver ?
 
trew said:
Well geewiz what do you mean by 'all in' ?

going 'all in' with all the spare change found around the house ?

or going 'all in' with all current cash savings ?

or selling all other investments and putting everything into silver ?

or selling everything (house, car, wife) and putting it all into silver ?
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selling all other investments and putting everything into silver ? this



I wouldn't see it as too big a risk considering it's money that can't be printed and its running out. Though there will certainly be big money to be made in other areas too.
 
Take control of your decision,i have a bag of Ruins that normally helps out.


REDBACK
 
Nedsnotdead said:
Could depend a bit on your financial position.
If your net worth is a few mil then all in would be ballsy.
If its $5k... Not so much.
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Your net worth is your net worth. Definitely not worth losing all of, regardless of its dollar figure.
 
Buying PM - you are not likely to lose all your savings unless stolen or destroyed. Having cash in the bank will with 100% guarantee, be worth less and less each year until it is completely without value. I agree buying silver alone is more risky than diversifying in several hard assets (including Ag), but is less risky than leaving it in cash over the next 10 years.
 
REDBACK said:
Take control of your decision,i have a bag of Ruins that normally helps out.
Click to expand...

Didn't know you read runes REDBACK, always been curious about it as a tarot reader - fire me a PM if you can help me get started! :D
 
I hold both Gold and Silver but alter my own ratio to try and capitalise on the best risk:reward at the time. At the moment I'm 99% Silver and 1% Gold in dollar terms.

Silver is more volatile than Gold so if there is a chance you will have to cash out within 2 years then put that component into Gold to save potentially having to liquidate Silver at a larger loss.

Otherwise put the lot into Silver as it's a better play.
 
tozak said:
I hold both Gold and Silver but alter my own ratio to try and capitalise on the best risk:reward at the time. At the moment I'm 99% Silver and 1% Gold in dollar terms.

Silver is more volatile than Gold so if there is a chance you will have to cash out within 2 years then put that component into Gold to save potentially having to liquidate Silver at a larger loss.

Otherwise put the lot into Silver as it's a better play.
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Thank you this sums up how i see it much easier than I could have put it. Now in my 20's I am with you on the 99% / 1% ratio, at a lower gsr or closer to retirement age I'd adjust my stack towards more gold weighted tho.
 
REDBACK said:
Take control of your decision,i have a bag of Ruins that normally helps out.


REDBACK
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Cant anybody use a play on words without the spelling police jumping to conclusions ;) , thought that was funny myself-But as Hotel46 pointed out that was after 1/2 a bottle of scotch!!

Future disclaimer- Anything i say or post on a friday night(Which shall be officially forwarded as scotch night) shall not be taken seriously as verbatim and a licence for humour shall be applied to the reading.I have more than enough detractors for this lifetime..Nahhh :lol:
 
REDBACK said:
REDBACK said:
Take control of your decision,i have a bag of Ruins that normally helps out.


REDBACK
Click to expand...

Cant anybody use a play on words without the spelling police jumping to conclusions ;) , thought that was funny myself-But as Hotel46 pointed out that was after 1/2 a bottle of scotch!!

Future disclaimer- Anything i say or post on a friday night(Which shall be officially forwarded as scotch night) shall not be taken seriously as verbatim and a licence for humour shall be applied to the reading.I have more than enough detractors for this lifetime..Nahhh :lol:
Click to expand...

:lol: Tac's signature comes to mind

Grammar: the difference between knowing your shit and knowing you're shit.
 
Sure, go for it ONLY if you are prepared to lose the lot. In fact, why not debt up so you can buy even more silver?!?! If you arent prepared to lose, dont play the game.
 
geewiz said:
selling all other investments and putting everything into silver ? this
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Probably not such a risky move as many here are suggesting, with one big rider:

provided you've got your housing sorted - ie you own a place to live without a large debt hanging over you.



I know that's probably going to bring out the anti-property brigade but who cares.
 
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