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Silver stacking, perfect timing

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    jiffy117 is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by t00nces2 View Post


    I stack, jiffy. With the Au/Ag ratio over 60, Ag is the better buy right now. I buy Au and Ag, bullion and junk, and numis. Don't let people talk you out of using PM's to make and store wealth. I buy from a LCS, I buy from ebay, I buy at flea markets and garage sales and pawn shops. Become familiar with what you like and what you buy. Get a good set of calipers and a gem scale and a RE magnet. Don't bet any more than you are comfortable to lose on any transaction. I stack for my retirement because I have no other vehicle I trust at this time. I have a 401K and a Roth and a brokerage account, but I don't trust the markets and I don't trust the government. If you can't hold it, you don't own it.

    PM me if you want me to answer questions or point you in direction to help with your interest.



    Todd
    I agree with the AG being the better buy. Its easier for silver to double in price than gold.. I also bough some platinum as that is quite undervalued I feel. Bought that near bottom as well. Part luck, part reading the cards.. I knew with world going to sh!t that PM's would become quite popular again. Then Brexit was a nice gift that pushed silver above $20 mark. Now my concern is when to sell, but I feel there is plenty of growth to go. I bought from eBay and JM bullion. The trick is where to convert it back into cash. If I sell it on eBay I take a 15%+ hit, if I sell to local gold shop I take a 20-30% hit. If I sell on CL I risk getting scammed or mugged. So I sit and wait...

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