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A Youtuber Who is Not Stacking Silver?!!
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<p>[QUOTE="KeyHunter, post: 7801787, member: 122558"]This past February when silver was ~$28/ounce I sold ALL 40 lbs (654 ounces) I had accumulated since 2013. I was at a point of becoming bored with it, research showing that in the last 100 year history of silver it had only been above $30/oz TWICE...and then only briefly for less than 5 years, I was getting antsy for more gold considering the ratio being SO favorable for it and gold being true sound money to preserve wealth since that was what Central Banks hold. The sale brought in over $19K, which I used to instead extend a gold bullion purchase streak started at the 2020 November election. I was excoriated on some silver stacker forums but that was "other's" problems, not mine...everyone makes their own decisions based on circumstances and desires. Since recent retirement I've re-entered coin collecting with a focus on key/semi key dates and formats across all series (including classic silver and modern gold) so I've just tweaked my silver-saving into quality vs quantity <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />. To each their own...but the main thing is have fun coin collecting.[/QUOTE]</p><p><br /></p>
[QUOTE="KeyHunter, post: 7801787, member: 122558"]This past February when silver was ~$28/ounce I sold ALL 40 lbs (654 ounces) I had accumulated since 2013. I was at a point of becoming bored with it, research showing that in the last 100 year history of silver it had only been above $30/oz TWICE...and then only briefly for less than 5 years, I was getting antsy for more gold considering the ratio being SO favorable for it and gold being true sound money to preserve wealth since that was what Central Banks hold. The sale brought in over $19K, which I used to instead extend a gold bullion purchase streak started at the 2020 November election. I was excoriated on some silver stacker forums but that was "other's" problems, not mine...everyone makes their own decisions based on circumstances and desires. Since recent retirement I've re-entered coin collecting with a focus on key/semi key dates and formats across all series (including classic silver and modern gold) so I've just tweaked my silver-saving into quality vs quantity ;). To each their own...but the main thing is have fun coin collecting.[/QUOTE]
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