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6 Comments
I'm 99% stacking, but occasionally buy something that I'm really attracted to. But I'm all silver…I'm going to work on saving up some for gold.
Cheers Bubba🥃
I like silver and stack it, but mostly stack gold for stability, and stack platinum as well for potential gains.
Funny thing is that richest 70 folks on the planet could buy all the gold for sale. In the world. And richest 3000 could buy it all at $20k/oz easily. in such case, how will millionaires buy gold? Because certainly they will not buy silver… its sooooo heavy! while 200kg fridges are not
Roughly 2 years ago the gold/silver ratio hit 1:67… I hauled most of the silver I bought in July 2020 when the GSR was 1:100 to my local coin shop and took THE GOLD, BABY! Patiently accumulating & waiting for a drop to 1:70 or so to do it all again. I learned my silver lesson in the 80s. No way, Jose. If you strip out the fantasy stories about 'silver to the moon' and look at the charts, it's not even close.
Anybody selling silver for gold at these ridiculous historical ratios is either to weak to lift a little silver or too dumb to hold their silver until it buys at least 2 x as much.