Reason's why you invest/ Also nice collection of silver.

L

lshallperish

New Member
https://www.youtube.com/watch?v=07bDEyTxVH0
This is not my video but I couldn't help stare at all the silver he has haha =)



The comment's do get me thinking in this video. I would say or hope that most people in this forum are stacking because they don't rely on currency and the governments..some might think that sooner or later there will be a collapse but will that collapse happen in our life time? I don't know if there was a collapse in currency in history (only 18 year's of age here). Investing in silver is all about keeping your hard earned money and not relying on the government and the world to do that for you. I also believe that silver will rise like it once did back in 2000-2007. 7 billion people in this world, 10 year's ago there was 6 billion.. I think by the time I retire there will be over 10 billion people each holding some kind of technology in there hands, that technology will contain silver and gold thus making it more valuable in the future, let's face it once silver and gold runs out we cant simply "make more" It's consumed and for ever lost, that is why I think investing in silver is important for my future.


I would love to read about why you guy's are investing, what do you think will happen in the future?
 
Stacking - yes.
Investing - some yes, some no.
I stack so that in the future I might have more wealth than if I did not stack.

In the future..... crystal ball is cloudy today, ask again tomorrow.
 
I don't want my money spent by others that inflict me then higher prices and/or harder working for the same. My former bank savings proved that was the case, and my purchases of silver are attempts to avoid seeing that repeated everytime.
 
I think of stacking as:

- a way to save a portion of my excess income (quite liquid, beats inflation and is going to stop me from impulse purchases);
- potential insurance against an extreme economic event;
- potential source of capital after a big stock market crash;
- a hobby;
- a nice gift for a friend or family member if you can't be bothered going shopping;
- a way to make me think twice before I spend money (i.e. would I rather buy this junk or a 1 oz kook?);
- something to help educate/ to pass on to children or grandchildren.

I love stacking, but I don't really view it as an investment. I only put 5-7% of my after tax income into it. IMHO people who are 'all in' on gold and silver are giving up the enormous opportunity cost of compounding returns.

To each their own.
 
I stack so that Criminal Gov'ments and thieving banks can't put their grubby mits all over my savings. :)
 
wrcmad said:
I stack to remind myself why I trade paper.....
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so what does that mean ?
you purposely lose money stacking just because your memory is so bad you keep forgetting why you trade paper ?
 
trew said:
wrcmad said:
I stack to remind myself why I trade paper.....
Click to expand...

so what does that mean ?
you purposely lose money stacking just because your memory is so bad you keep forgetting why you trade paper ?
Click to expand...
No.
I haven't lost money stacking... I hedge. I don't go into any position naked, including long physical PM's.
I don't really know why I stack?
My academic background is originally metallurgy, so my interest is there.
I like collecting shit that none of my friends or aquaintances have.
I like old coins.... to me they all tell a story.
It serves as a saving for the times I unstack to travel.
But, recently, stacking has been a crappy investment, the returns of which have been obliterated by the most average trader (one of my other loves), so I guess it puts it all in perspective for me.
If nothing else, it has given me excellent practice in covering my naked long phys using paper.... which reminds me constantly why I do this. :)
 
lshallperish said:
So if some say yes and some say no and if stacking is a yes... than those that say no stack as a hobby? o.O?
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No.
Hobbyists are not stackers - IMO. Collectors, maybe.
Some stack for insurance, with no -intentions of ever selling it.
Insurance as in protection against SHTF (crap hits the fan, upheaval, demise of many fiats, financial Armageddon, or even worldwide societal Armageddon.
Insurance against those who control the value of possessions, manipulating, values so theirs are worth more, and mine are worth less.
Self insurance against monetary catastrophes of many possible kinds.

Those who like Wall Paper - stock market - will tell you PM are terrible investments, unless you get the paper kind of course.

There is some truth to this, but any commodity can be bought and sold for profit, so sort of an investment.
The truth is that if you buy the wrong thing - for your purposes - and sell for the wrong price, you will not do well.
Now with the stock market - well, just the same as far as I can see.
The whole effort of the stock market is to buy things for a certain period of time, sell them for a profit, while they increase in value, but for some reason if it is cold hard metal, it is not a good idea.

Many do not stack as an investment, although investment may be an unintended consequence.
 
I buy the metal silver because it's a product with a much higher production cost than electronic and paperbased products, because it's much less easy to tamper with, and because it eliminates some dependencies of people that produce little to nothing, instead take (forced rates, tax, manipulations of numerous kinds), alike governments/banks/etc. I see my silver as more freedom and own control.

That's all abit less than Armageddons / SHTF's, crap hitting fans, fiat demises etcetera, usually these reasons for buying pop up in the later phase of a fat bull market, and those giving them usually swap their 'insurance' back to 'fiat' right then :D
 
I have friends who only stack for insurance, no consideration of investment potential.
I'd bet a kilo kook they won't be unloading in the near decades.
Others may.
I find the insurance stackers to be rather hard core.

I am more opened ended - would welcome realization of investment payoff, but just cannot imagine dumping all of it, to completely rinse and repeat.

All silver satisfies the requirements of both insurance and investment, but not equally.
I have enough confidence to buy high premium pieces as investment, but also buy low premium pieces as insurance.
Others will buy all low premium, with the same expectations.
Many reasons, so many ways, to stack.
 
I really like 1k kook for satisfying both investment and insurance.
The per ounce price is very nice. $2.10 over spot, for an impressive work of art.
In a fat economy, casual collectors will pay high premiums for such pieces.
If spot goes over $25, premium can be zero, and still profit to be made.

But, who knows for certain.
 
A stack is not an investment - it is speculation - it doesn't return an income.

But having looked over the edge into the abyss in 2008, a stack does provide:

- a hedge against super going belly up (GFC 2)
- a hedge against the AUD tanking
- a form of savings
- a long term hedge against inflation
- a kind of insurance (in case of job loss, GFC 2, banks failing etc)

I definitely hope the world financial system does not collapse and I don't think it will,
but the only way out I can see to the massive debt explosion on the west is inflation, and lots of it

I don't expect it to go to the moon, but if it does I won't complain (although I'll probably sell way too early)
 
I started buying silver 40 years ago because my dad and older brother did and I just wanted to buddy around with them. Now I stack bullion as insurance and collect coins as a hobby.
 
Long term store of wealth without counter party risk, financial insurance and a difficult to spend savings account. You could buy/sell the ebb and flow with a % of your stack and make some cash but anyone solely stacking to make money will not be stacking for very long.
 
trew said:
A stack is not an investment - it is speculation - it doesn't return an income.

But having looked over the edge into the abyss in 2008, a stack does provide:

- a hedge against super going belly up (GFC 2)
- a hedge against the AUD tanking
- a form of savings
- a long term hedge against inflation
- a kind of insurance (in case of job loss, GFC 2, banks failing etc)

I definitely hope the world financial system does not collapse and I don't think it will,
but the only way out I can see to the massive debt explosion on the west is inflation, and lots of it

I don't expect it to go to the moon, but if it does I won't complain (although I'll probably sell way too early)
Click to expand...
Not sure if we are on the same page.

So say spot price goes up to $30.
My ASEs have an average purchase price of $26, there are ample buyers who will pay me $32 for my ASEs.
So each month I sell off 100, and - what? I have no income each month to pay my bills.
I bought and sold, with a profit, but no income, no investment payoff?
And if they were paper - stock. Does that change things?
Are mutual funds an "investment"?
Can one 'invest' in the stock market?
 
BeHereNow said:
So each month I sell off 100, and - what? I have no income each month to pay my bills.
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I don't get you here, you sell 100 that month, but you then say you have no income that month?
Selling = giving away without being paid?
 
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