Precious Metals New Thread 2.0

Been stacking for 25+ years.

Hold onto your silver

 

Had to buy some more of these, love them

 

Nice coin you got

I think they will keep suppressing these PMs. Not sure when we are headed for a big jump. Time will tell

 

I’m all for cheap gold and silver, the more I can buy!

 

Hello, good to hear from another stacker.
It's been like a garage sale, I love and hate it. But in the end we will come out really good...
Things seam like they are starting to come around finally.

Seam like when it finally hits it will hit fast....

I think it's Trumps job to transition us off the old Petrol Dollar to the new Dollar, but we'll see.
I think a lot of this tariff talk is really just the dollar loosing value and being adjusted, but we'll see...

I think the confidence that Trump bring defiantly slowed things down for a little while but, everything is still the same and they are not attempting to fix anything so PM's still look very very good...

 

what about investing in lithium? have any insight on that?

 

I haven't looked into it. It's not really a precious metal and I don't think you can buy physical lithium.
You would have to understand the trends and markets in battery technology to know is it's a good idea but sounds worth looking into..

Palladium and silver are the 2 best PMs, I like silver best for many reasons..
Gold is good but silver is so much better why buy gold.
If you want gold, buy silver now and convert it to gold later when the ratio is better...

The only real reason to buy gold now is because some day normal people will not be able to attain gold so get some while you can...

 

is there a "good rate" to buy gold and silver and if so, around what price is good to buy at? just a ballpark idea so I know what to look for

 

Prices are really good right now and a good time to buy either one.
There is a gold to silver ratio that you use to determine which is the better buy.

The ratio should be 10 to 1 but it's around 75 to 1. So you you can buy 1 ounce of gold or 75 ounces of silver.
1500/20=75 priced in american eagles, I use the real price that you can buy coins for, not the digital price....
So right now silver is a much better value...
I will continue to buy silver until the ratio closer to 10 to 1...

 

It's moving now. Just bought a 1oz Au Maple on eBay for $1437 with 1% ebay bucks and 1% cashback with cc. Love getting metals below spot.

 

Anyone here buy Au and Ag mining stocks besides the actual physical? A couple of my past favs. ELD and WPM on the TSX have had a good run since Nov.2018. I was thinking of possibly loading up then but since sitting on the sidelines from the sell-off in 2011 I was too gun shy to pull the trigger. Now looking back hindsight is always 20/20.

 

GODL (not a stock)

 

I just started getting into the physical silver and gold. I've ordered 20 ounces of silver this month. I've ordered through APMEX, is there anywhere that offers better deals?

 

Yeah It's probably time to start looking at miners and junior miners, ETFs ect...
They should be starting to push up now.
I've held a couple, "buy and hold BS" it's called trading for a reason....

But, I have been thinking it's time to find the trend.
A lot of sell offs usually mean reallocating funds to other assets, so PMs could start taking off.

 

Keep hearing how tariffs are effecting trade.
I believe this is the dollar loosing value over seas.
In the 70s when the dollar was revalued they called it the "oil shortage" there was no shortage of oil....
U.S. whiskey exporters struggle after year of EU tariffs

https://finance.yahoo.com/news/u-whiskey-exporters-struggle-eu-133229110.html

 

I've ordered a ton through Jmbullion and have always been happy with them. Their selection isn't as great as Apmex, but their prices are a bit better.
Also check out BullionStacker.com which is a forum similar to this one (not nearly as active as this one), which also has a member buy/sell area. Mostly a good bunch of guys along with some small precious metal dealers that pass along some good deals.

 

I’ve dealt on Bullion Stacker for several years, it’s a great place.

 

Good lord it’s moving

 

Now I'm tempted to sell some silver.

 

Time to buy not sell. Prices are just coming off the bottom and getting ready to start a very big bull market.
Just put it away and don't worry about for a few more years...

This is the lowest price silver will be, don't sell on the bottom...