If you are new to the stacking game, you have probably asked yourself this question many times already
But to answer question, yes it will and no I do not know when.
What I can tell you is this. They longer it takes for it to happen the better off all of us stackers are. Yes I want to see silver at true value, but I would rather wait till I can get some more.
Profit
If you have started stacking to make money off of silver then you will probably end up losing money, I say this simply because we have now idea what the true value is. I stack for protection and if I happen to make some extra protection them I am okay with that.
I am not stacking to become rich, I am stacking so I do not become poor.
☝️this is what I live by☝️
So I will continue to stack, no matter what the price is and once we have a new monetary system in place then I will decide if I should stop stacking.
So if you are stacking to become rich, you may want to stop, this may not be for you. Silver could go up tomorrow or it could go down. I can tell you this, that paper dollar that you spend on everything, that will go away sooner than later. So the question to ask yourself is how many paper dollars do you want to be left holding when they are worthless.
Doesn't matter if it's a 1/2 oz
OR 100oz
As Long As you are stacking this ,☝️ and not this 👇
I started stacking in the 60's and still have those silver dollars that at the time cost me all of 1 paper dollar. At the time I called it my retirement fund I guess it still is and I control it.
I stack to create generational wealth. I fully expect to hand down my stack to my children and to ease the burden they will have to carry.
Too many of these crypto-kids think it is normal to have 50% price upticks everyday. This is the very definition of a mania. Bitcoin could very easily be worth $10K or $10 tomorrow for no reason whatsoever.
Great Post @raybrockman, I agree with you . . .so if there are any stackers looking for quick profit and getting impatient, there are plenty of silver stackers here to take that stack off your hands. . .
The truth is that silver stacking is for protecting existing wealth from decline.
I'm moving a bit away from bullion a bit. My cash position is 50/40/10 gold, dollars, silver.
I'm going to boost up the dollar holdings because i'm expecting a pullback. The air just has that feel like a real estate or stock market pullback is coming.
Fiat dollar cost averaging is the name of the game here, no quick profits, not a get rich scheme like investing in electrons, slow and steady is the motive. Then one day you gotta purchase a larger safe, as the one you have is too heavy to carry out without a crane........
I'm currently close to being even (vs the USD) on my silver investments last I checked the spot price. I've been stacking for several years now and started when silver was in the low 20's and made some larger buys when it dropped down into the 16's and 15's.
I don't own a lot compared to my net worth...maybe 3-4%. But I'm continuing to buy in small quantities. Lately I've been buying crypto currency more but I got a little bit of silver this week and opening the package it came in reminded me why I like it so much--because it's a tangible asset and it's been around longer than the current currencies of the world.
I started stacking in the 60's and still have those silver dollars that at the time cost me all of 1 paper dollar. At the time I called it my retirement fund I guess it still is and I control it.
My feiend, you are like the great stacker, i mean ASE FOR $1.00 how freakin cool is that. Stack on man.
Respect^
I stack to create generational wealth. I fully expect to hand down my stack to my children and to ease the burden they will have to carry.
Too many of these crypto-kids think it is normal to have 50% price upticks everyday. This is the very definition of a mania. Bitcoin could very easily be worth $10K or $10 tomorrow for no reason whatsoever.
Stack On!
I with you on that. Mass power outage would mess you up.
Great Post @raybrockman, I agree with you . . .so if there are any stackers looking for quick profit and getting impatient, there are plenty of silver stackers here to take that stack off your hands. . .
The truth is that silver stacking is for protecting existing wealth from decline.
Smart stacker right here👆👆👆👆👆
Silver is my foundation. Cryptocurrencies are mi upper layers of protection and diversity.
👍
We know the clock is ticking for the fiat dollar. "... I am stacking so I do not become poor." Truly wise words.
Thanks
Yeah...that hit me too...those are wise words Ray. Hey, can i borrow your Mantra? Lol
Really enjoyed this^
Of course, thanks bud
I'm moving a bit away from bullion a bit. My cash position is 50/40/10 gold, dollars, silver.
I'm going to boost up the dollar holdings because i'm expecting a pullback. The air just has that feel like a real estate or stock market pullback is coming.
I with you, but I am full on silver
Fiat dollar cost averaging is the name of the game here, no quick profits, not a get rich scheme like investing in electrons, slow and steady is the motive. Then one day you gotta purchase a larger safe, as the one you have is too heavy to carry out without a crane........
Slow accumulation is always a good move. I've been doing it for years. Treat bullion like savings
I hope you are right about the crane...
Couldn't agree more. Silver is protection and a true store of wealth.
Thanks, you will never be broke as long as you have some silver. Hey thanks for dropping in.
You're welcome! I caught it because @bluelightbandit re-steemed it.
Nice job!
I'm currently close to being even (vs the USD) on my silver investments last I checked the spot price. I've been stacking for several years now and started when silver was in the low 20's and made some larger buys when it dropped down into the 16's and 15's.
I don't own a lot compared to my net worth...maybe 3-4%. But I'm continuing to buy in small quantities. Lately I've been buying crypto currency more but I got a little bit of silver this week and opening the package it came in reminded me why I like it so much--because it's a tangible asset and it's been around longer than the current currencies of the world.
Thays right tangible, crypto's you make money off of. Tangibles are protection. Thanks for the visit.
Do you collect gold too?
A little,
Do you prefer silver or gold?