Good sized stack?

Contrarian said:
Whittling away your capital to derive an income?

My retirement strategy isn't just "an ounce per month" - consider it the foundations. Entering retirement with 300oz of gold puts one in a pretty strong position should other income-producing assets fail, or normal asset value cycles change creating opportunities during those 25 years of living in a small drinking village with a fishing problem.
 
Byron said:
Ilikemetals said:
I'm not going to have much more than 400 ounces by the time it's too expensive to stack. I'm pretty happy with that amount.

No gold?

A few ounces. Gold and silver are the same thing though, so better to stack silver as it is more undervalued.
 
goldpelican said:
Contrarian said:
Whittling away your capital to derive an income?

My retirement strategy isn't just "an ounce per month" - consider it the foundations. Entering retirement with 300oz of gold puts one in a pretty strong position should other income-producing assets fail, or normal asset value cycles change creating opportunities during those 25 years of living in a small drinking village with a fishing problem.
or is that a small fishing village with a drinking problem ?
 
hotel 46 said:
Contrarian said:
hotel 46 said:
^^^ all good mate. each to his own. some of us cant afford them and some of us are over them and moved on. as long as you are happy thats what counts. wear the shoe that fits you. 20kg of rice fits me. :)
comfortably.

welcome auspm i feared we had lost you :)

I should clarify, the properties that I allude to are yet to be purchased.

Gold is in a bull market cycle, property is going down the gurgler.

If you've given up on property and moved on then you're moving the wrong way.

C

so its all pie in the sky? you are still charting unknown waters??

so would you mind telling me if we are in for hyperinflation or we will be having debt forgiveness and all be set free from the mortgages and all forgiven. :) thanks in advance

Are you saying that you disagree and that property prices are going to keep rising?


C
 
renovator said:
goldpelican said:
Contrarian said:
Whittling away your capital to derive an income?

My retirement strategy isn't just "an ounce per month" - consider it the foundations. Entering retirement with 300oz of gold puts one in a pretty strong position should other income-producing assets fail, or normal asset value cycles change creating opportunities during those 25 years of living in a small drinking village with a fishing problem.
or is that a small fishing village with a drinking problem ?

No, definitely a fishing problem :)
 
goldpelican said:
renovator said:
goldpelican said:
My retirement strategy isn't just "an ounce per month" - consider it the foundations. Entering retirement with 300oz of gold puts one in a pretty strong position should other income-producing assets fail, or normal asset value cycles change creating opportunities during those 25 years of living in a small drinking village with a fishing problem.
or is that a small fishing village with a drinking problem ?

No, definitely a fishing problem :)

We have a stacking village with a boating problem
 
goldpelican said:
renovator said:
goldpelican said:
My retirement strategy isn't just "an ounce per month" - consider it the foundations. Entering retirement with 300oz of gold puts one in a pretty strong position should other income-producing assets fail, or normal asset value cycles change creating opportunities during those 25 years of living in a small drinking village with a fishing problem.
or is that a small fishing village with a drinking problem ?

No, definitely a fishing problem :)
Well in that case you will have more than enough $ any decent fisherman doesnt pay for bait
 
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