Is now the time to give up on PMs and look to the stock market?

If the company is unable to reengineer their processes to support their growth then they have issues ....

The thing is .. hopefully the company will expand, create more and more revenue which will sustain that stock price rise year after year.

To look at a simple company model of how a company grows, then stalls, look at the history of Home Depot.

They relie upon same store YOY sales statistics; and pushed that theory. But to increase revenue, they had to identify a store location that could attain YOY sales increases, etc. They are a growth of physical locations. But once you start swamping every place .. you start having issues. See Walmart, Target, Kohls, etc. in this same paradigm.

Overall the Growth % really depends upon when you get in.

For instance, I Initially bought Priceline at $1, Apple at $4.
Anyone buy Amazon a decade ago ?
Versus buying Priceline at $1600, or Apple at $3,000 (2-1, 2-1, 7-1 splits since).

As Kurt said, "the timing" was 7 years ago after the market collapse and when things started getting going again.

Of course, there are tons of companies that also went bust. Also just went sideways.

It comes down to "timing" which is based upon one's research or just getting lucky. I started buying Apple because Steve Jobs came back to the company. Period. Because I knew he would bring his own "intellectual property" wealth to the company.

I've bought into other companies recently that have had exceptional growth. Some duds.

But it's always a good time (as long as it's going up) to get into the stock market if anything at least an index fund such as nasdaq 100 or S&P500. You can wait for a "correction" of which the correction low may be above where we are at right now. OR a "large correction" which may be a year or two or more off. It also just comes down to you ability of pulling the plug when it needs to be pulled versus being "emotional" about cutting your losses or cutting your profits.

Most PM people are "emotional" about their "investments". It's so pretty seeing gold in one's hand. Stocks on the other hand you don't really see .. you only see a number.

But it's only too late, if you never act.

 

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I'm of the 'stacker' mentality. Can't believe pm's are so low (especially silver) and the artificial numbers that constitute what is called our economy are in such stark contrast. The house of cards has to fall soon. Until then, I say buy, buy, buy pm's.

 

totally agree. I used to have one until I moved the $$ into a more aggressive investment. But I still use it to compare. Find the right one and it just chugs away. Of course, the one below is (now) expensive (to get into per share) ...



the other investment chugged 30+% last year and is chugged away this year too. But this is how I invest in my FAANG+ stocks.

 

I still can’t believe PM’s (especially gold) are this HIGH.

 

To each their own I suppose. 15 dollars for silver is a steal. $15 barely buys you a fast food lunch anymore. I guess in a world of creative book keeping, wheeling and dealing where numbers need not be based on anything intrinsic, all is possible. Different strokes for different folks.

 

Uh huh. I bought most of my silver between $5 and $6 and sold a bunch at $40.50. Anything between them doesn’t match my definition of “low” or “high”.

 

If a person doesn't have a 1000+ oz. of silver, they are just accumulating for fun, ~any value probably going to be eaten by acquisition, storage , and insurance expenses. With that or larger quantities they probably have to maintain saddle option strategy to prevent large losses similar to dealers. But I suspect many more than 80% would NEVER sell their sparklies , even if it went to $1. They would rather die from disease or starvation than sell the bag under their bed.IMO. Sure I have silver, but I plan to melt and use in art projects in the future.

 

At the auctions I attend, the "anything silver or gold" bidders tend to have similar personal hygiene.

 

Why do you think silver is "so low" The World Gold Council states it costs about $12- $13 dollars to mine an oz. of Silver. The Economic folks will teach you that a commodity may have large fluctuations but eventually settle near the cost of production. So at this point in time, Silver seems fairly priced.

 

...and now, lately, energy prices are falling again.

 

Alright well, I'm destined to be bombarded by those of 'dissimilar views' so to speak and so I'll bow out. I yield to the higher ups. Sorry I interjected.

 

Don’t feel bad. Yours is the majority view among the stacking community, and they’re of significant number. It just doesn’t wash on the fundamentals.

 

A lot of this thread is so far talking about silver. And I agree with your points that premiums, storage, etc will eat away at most potential future profit.

But so far I've noticed no one talking much about gold. There are a lot of people who stash away a few ounces of gold in addition to their normal investments. So what about those guys with 10 oz of gold that they paid a 3% premium on and can easily stash away in their no cost safe deposit box?

People in that boat would seem to make out pretty well if we ever see another recession and traditional investments get destroyed and gold is their safety net.

 

I personally can't afford big stashes of gold and small movements in gold are a lot more scary than silver (unless you bought in at high amounts say $30 plus). I've been able to stack quite a bit of silver over the years for mostly face value and so I'm partial to it with such a nominal investment to start out with. Gold can't be pulled from circulation (and admittedly silver is seemingly drying up too). One other question is, if you don't physically own it and it only exists on paper then do you really own it? Okay, now I get buried by the high rollers but I'm digressing.

 

Todays world that is Equivalent to a SELFIE GOLDEN SHOWER SR MOMENT...

 

Point taken. I just feel the bottom has to fall out sooner or later when everything is seemingly based on 'creative' numbers, written off debt ) not to mention the ever rising and once cared about deficit of never ending trillions). Just seems like a giant crash is inevitable and unavoidable. Just my opinion though. I could be wrong (and I was wrong once a long time ago).

 

I would accept most of the quote except for insurance, storage expenses and love the shinny...……. but would sell before the latter part also... just like American coinage..

 

Well a crash is coming, but so what. There have been 47 recessions in US history according to Wiki.
Some deep, some mild, some long, some short, but the one thing they ALL have in common is we pulled out of every single one of them. NO EXCEPTIONS. For me, it simply being on the correct side of the odds. Never bet the hard 8 !

 

Coin and metals fans have successfully predicted 187 of the last 12 recessions/crashes.

 

Good attitude! Think that the next one will make 2008 look like a picnic though. Oh, and I always hated craps, mainly because I couldn't ever understand the fast paced bets. I know pass, don't pass and the field. The rest is too nerve racking for me.