should you look at metals as against savings interest rates

C

craig12

New Member
just wondered if stackers look at stacking in the long term as a bet against the rate they would have got in their savings accounts?
my isa s currently getting 1.5 % and in a good economy will probably fetch 5% on the money i have stashed that i dont need thats 360-1100 per year interest possibly
is stacking a bet against the building societys or a gamble on bigger returns like the stock market
 
Stacking is taking control over your savings.
The purpose is to evade purchasing power losses due to the legal thievery along fiatcurrencies.
Speculators against central planners.
So yes, a stackers 'result' of his control, is how much better (or worser) he did than a bank account, until he swaps the inbetween step to what he really wanted.
With a bank account I lost 100% house purchasing power the last 15 years.
With silver I lost 30% purchasing power the last 3 years.
So my taking control was so far a failure.
I'm working on it though, purchase timings got better.
Just to illustrate: your 1.5% and 5% are on their own meaningless. What matters is what you can buy later relative to now. If silvers price would halve, and house price halves too, then a 50% loss in mathematical terms, is a zero loss in house purchasing.
 
craig12 said:
is stacking a bet against the building societys or a gamble on bigger returns like the stock market
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I see it as a punt against currency, based on a hunch of a big pay-off.
 
Stacking is a hedge against inflation (Amongst other things)
IE: If inflation is at 1.5% each year and your money is getting 1.5% then you are actually standing still gaining nothing.
 
Absolutely NOT !!!
Your are obviously in the UK ?
If you are contemplating stacking then you are getting into high risk i.e. Commodities. Why have you kept your ISAs in cash with below inflation returns ? I would move your ISAs into fund ISAs right now especially with recent falls in the markets. Then and only then look at PMs BUT keep your stack at or below 15% of your wealth. If you want to go higher then learn how to play craps properly and go to Las Vegas for a few days. That gives you about the same odds.
 
I stack because it stops me pissing money up against the wall. I reckon I have a 100% return I'm my stack.
 
craig12 said:
is stacking a bet against the building societys or a gamble on bigger returns like the stock market
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Stacking is a hedge against things getting royally f**ked


My hope for the future is that I make nothing out of gold and silver because that would most likely mean
- my superannuation (mostly in stocks) doesn't collapse
- my currency doesn't collapse
- price of oil and food doesn't sky rocket
- I keep my job
- banking system doesn't collapse or need a bail in

But just in case any of those things do happen.......
 
less price inflation say 3.5% -- interest 3% = -0.5% real ROI on savings.. (but youll still pay capitol gains tax on the 3% (the govt cares not about the loss of purchasing power of your "savings"

basically savings in a controlled banking system are worse than converting to a hard asset or any asset which will continue to rise as scarcity of goods stays constant and money chaing them increases ... ie: silver
 
sammysilver said:
I stack because it stops me pissing money up against the wall. I reckon I have a 100% return I'm my stack.
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me too ... grog and smokes gone

silver replaces that kind of spending

I still give the TAB a few bob

but this way at least there will be something for the kids when I cark it

apart from that, look at the 100 year price graph

you might be lucky to "cash in" on one of the very few price explosions in history

or you might as many have lamented discover that it moves sideways in the long run ... I like it sideways!
 
Ah, the old fool that I am. I stack it because I like it. Simple really. The side benefit is that I may come out square if I ever need to sell.

Again, like Swoydaz, my other previous sins are paying for part of my future if it all goes to sh*t.

Each way bet for me.
 
i think in most countries around the world the 10%(which could be larger) "donation" to bail out the banks is a very realistic scenario. 10 years ago if someone said this would happen you'd say his paranoid today its a reality so far only for the people of cyprus
 
Belvedere said:
Ah, the old fool that I am. I stack it because I like it. Simple really. The side benefit is that I may come out square if I ever need to sell.

Again, like Swoydaz, my other previous sins are paying for part of my future if it all goes to sh*t.

Each way bet for me.
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Better than each way I reckon, Belvedere.

I'm not a wowser by the way I assure you.

But a dollar once unleashed upon the stainless steel wall is immediately and forever worth $0.00.

And I hear new wealth taxes and / or death duties may be in the air???

Not sure. Can anyone clarify?

But if they are, a bit of bullion in Australia anyway, sounds like a good thing ;)
 
Stacking is both a method of saving and investing.

Saving by stacking is for securing long-term financial security, it helps prevent the purchase power loss of fiat currencies.

Stacking has its limits, ups and downs, but these shouldn't discourage anyone. Considering the fact that if you're stacking, you are thinking on the long term.

Stacking is a safety measure. For your security, it's good having a substantial amount of precious metals. It can be a great hedge against inflation.

Investing in precious metals gives you hope for later profits, especially the industrially used ones like silver, palladium...

Silver is the best example - it's an industrial metal, quite intensely consumed. So, eventually its price should go very high.

While most people stack on the short term, expecting tremendous incomes, I believe stacking should be considered a method of saving for the long term (like when you'd save for your retired years).

Secondly, stacking is indeed a way of investing. And, if you have patience, you can exploit the spikes that periodically occur in several decades time.

Although many people (even on the forum) panic easily at the first big dip and start selling their stack. They will be the first ones to bite their own nails when they see the prices go up in the future.
 
sammysilver said:
I stack because it stops me pissing money up against the wall. I reckon I have a 100% return I'm my stack.
Click to expand...

Me too buddy, damn did I waste money. I would buy so much cr*p and it would be forgotten within the month. Stacking has been very good for me the last year, for health reasons too. Cut down on so much junk food. :lol:
 
im taking packed lunches towards stacking i was spending 4 on average per day , in one week im 24 pound up on my 6 day working week , that,ll buy me soon some 1 oz rounds
 
To me it's just savings. I've always been bad at saving money, always guilty of blowing cash on impulse spending. It's a mindset of distinguishing between 'needs' & 'wants.
By giving up the grog, cutting my power usage by about half, not buying takeaway and many other forms of 'self imposed Austerity'. I now spend all my surplus on my stack. A great way of saving cash & blowing it at the same time.
 
Argentum said:
i think in most countries around the world the 10%(which could be larger) "donation" to bail out the banks is a very realistic scenario. 10 years ago if someone said this would happen you'd say his paranoid today its a reality so far only for the people of cyprus
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Yep. Alot things of todays reality would have been laughed with if you had said them a decade ago. The big problem of the central planning thieves is the bank savings of people. The central planning thieves dont want high price inflation, they want to destroy the competition of the bank savings of people, one way or another. Without alot bank savings being wiped first, they can't rise interest rates. For the moment they try to lure people into paying bloated prices (because they bought positions ahead) for various things (including pm's). But people get smarter, and don't pay the higher prices as easy as before anymore. That leaves the 'ugly' methods, like Cyprus was a small testcase for. In the very end, all those bank savings were lent out and spent. They bought other peoples products with it. So that "donation" already occurred in the past. So it's actually not a "bailout" anymore, it's just an electronic move from peoples accounts to central bank account, to then be destroyed. Byebye competition of their new prints.
 
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