There are some big downsides to stacking physical gold & silver
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28 Comments
Why does silver never stay up with horrible inflation, wars, terrible economy, etc. They don't behave like they used to. As soon as it goes up, it comes right back down. There are so many other physical assets that hold their value and go up in value that aren't manipulated like PM's.
Silver and gold are terrible foods too, theyre terrible anything that they arent meant to be lol
Silver is tricky too, it can shoot for no reason at all and high too!! I sold my silver at 48.00 in 2011 and made a load of profit and it stayed at $48.00 for a while. But here we are again and I’m just holding until it shoots again. It will because it’s needed for military and medical and many other reasons. And they’re running out of it here in the states. I’m so glad Keith Nuemeyer is going to melt his own coins and shut off his silver mines.
The larger my stack the more sound I sleep at night
Its a great way to save $.
My sister and I were trustees for my uncles trust. After he died we had to liquidate his assets for the beneficiaries. We found some of his properties and some of his stocks ended up being a real pain in the neck and even worthless In The end by the time we paid all the lawyer fees. However his bouillon had kept value all those years and was actually quite easy to liquidate. That was an eye-opener for me! I also have to say it was real cool stuff to look at.
Savings & insurance. Im more than happy with my experience
Keep it Real
Silver is good wealth savings yeah right tell that to someone who bought at $50 12 years ago! Clowns
Keep stacking!!
I like gold
I am my own central bank
#Gold & #Silver to the 🌕 baby we out 🚀
The money I spend on gold and silver is the money I used to spend on drugs and alcohol. I don't know if you know this, but the return on drugs and alcohol is terrible. 😂
You nailed it.
Savings account and inflation hedge.
I would add…invest in a metals tester.
I think they are wealth/wealth preservation securities. I think they can be investments especially silver can be speculative due to the industrial demand but i think they work more so as a secure place to park your money when your not sure where you want to put your capital. Then when other assets become under valued you can move out of your gold and or silver and move into other cash flowing securities or capital gaining securities. I do feel gold is a good savings shirt term and some of the collectable gold can had a good increase in value if you plan to hold it for a long time. Both are good hedges against inflation. I dont believe they are a bad investment but uts up to the investor to have a plan and know what they are getting into and how and when to get out of. Its also cool to just buy them because you like to have them, nothing worng with that either.
I'm so disappointed in silver, I just bought my first oz of gold a couple days ago when it spiked to record prices. I feel like even though gold at the highest price will out perform silver.
I’m slowing down on stacking in 2024. I feel gold is overpriced, silver underpriced but heavily manipulated by the green industries.
how good whatever digitalized thing does.. when it all crashes… you see the worth of gold and silver…. and the friends of
All Fiat currencies fail and when they do what assets are the best to hold?
They will manipulate silver until they can’t and then it’ll shoot way up .
Gold & Silver are anything you decide you want it to be. They have help humanity for thousands of years and that will continue going forward. Enjoy it!
I stack silver not a lot but we all know what’s coming next year
Terrible!
AVOID 2.
1. THOSE BORN-AGAIN ESCAPE TO HEAVEN IN RAPTURE…
2. THEN, DISASTER…
3. MESSIAH, THEN, RULES
FROM JERUSALEM
FOR THE MILLENNIUM
AMEN !!!
Putting all your eggs in one basket. In this volatile market . Is not stability
Good to see a PM video for once that is grounded in reality. Someone is actually paying attention instead of parroting the same old "buy, buy, buy" mantra. When a creator has the balls to cover the good, the bad, and the ugly aspects on a fair basis, pay attention. Good job.
Gold and silver can never go bankrupt.
🙌
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