Anyone stacking silver or gold at these prices?

For gold, I have been buying some recently, but for silver, the result is very low compared to how much I was buying at roughly $22-25 per ounce. Most of what I have left was bought at less than $26 per ounce.

What do you think about buying today? Is it worth it to stack silver or gold?

On a side note, I would also love to hear about your opinions on platinum and palladium. I notice that they've been going down, which is why I'm thinking of buying some.

 

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I've pretty much shut down my 5 year "pile up" plan of just piling up gold/silver acquired at spot (mostly US silver coinage) as the prices have started climbing and showing more volatility. Now I can go through all of it, see what I have, start sorting and prepping for a sell off when the time is ripe. That said, it's hard to stay away from bidding, so to temper the recent upswing in prices, I rejigger my bids to "win" at 10-15% less than spot (or more). I figure if someone wants to give me that deal, who am I to deny them. Though I don't figure to win too many lots...

 

Not buying anything at these prices unless price is unaffected by PM prices, (collectible).

Pt and Pd are weird ducks. I like Pt, have many Pt US proof coins, but I think they are low because both are tied to ICE and investors view much of their demand going away if we transition to electric cars. Even hybrid cars need less Pt or Pd than regular engines since they are smaller. This, and the fact gold demand worldwide is more Middle East, South Asia, and East Asia than it is Europe or North America, and those cultures revere gold MUCH more highly than Pt or Pd. So even though they are rarer the demand is miniscule versus gold.

TLDR No idea where Pt or Pd are going. I will continue to buy Pt because I like it, especially Proof eagles when relatively cheap, but not risking my retirement on it.

 

Some people who bought silver at $22-$26 may have sold at $28-$32. JMO

 

At these prices, I'm only buying numismatic pieces to keep up with a collection. When it drops back down I'll buy loads of it. I just saw a post on another site I'm on where the poster wanted $100 for a roll of 40% halves. $5 per coin. Not happening. I don't care if silver goes to $50 an ounce, I won't pay more than $3.25 for a 40% half.

 

I really hope that Pt and Pd keep getting cheaper, because they're so doggone useful. I feel like the market for them was distorted by massive catalytic-converter demand (which is starting to dwindle, thank goodness), plus supply crunches from various geopolitical shenanigans.

On the other hand, I've spent most of my life thinking of platinum as more expensive than gold, and it's unsettling to see gold leaving it in the dust. (We won't even talk about palladium.)

On the third hand, 25% of the market for silver (photographic film) pretty much evaporated during the first part of this century, and while that surely exerted some downward pressure on silver prices, silver hasn't exactly stayed low...

 

No... I stopped stacking gold at the $1800.00 level even though I am in agreement that it still has a ways to go... Just too much for me to comfortably make the stacking purchase. But that's OK. I got plenty.

 

Lol, that is the thing with us old bastards, right? I bought mine back when, and I don't "need" it at these prices. I might if I don't own 50+ gold coins already.

 

I'm selling mine off. Purchased most of my silver around $13 oz. spot. I wouldn't buy any PM right now as prices are to high. I fill the same about my investment accounts (stocks / ETF's / bonds) but the market has been oddly resistant for now.

 

I’m holding onto the smaller that I have. I only buy if the price is more than reasonable.

 

Bought my AGEs @ around $950 oz. Except for a few, sold 'em last month.

 

For the last three years, My wife and I buy quarterly a 1/10th
ounce AGE. Will eventually fill a Capital holder for these. We
pay the prevailling rates. Once a month I buy 20 S mint Walkers.
My way of stacking. Working on a couple of ASE Dansco's

 

I passed on 3 APMEX and 8 Buffalo rounds at $28ea on Tuesdays Coin club auction.
At the time they were $1.30 under spot, no shipping, no tax.

 

I haven't bought in years. Everything is too high for me except pocket finds.

 

At the present time I have doctors to consider so not buying right now.

 

Hmm, wonder if any of them are collectors and would be interested in a barter arrangement... nah, it'd never make it through the billing systems.

 

I’d rather have my coins than to trade for medical services.

 

Tough question! I bought a Saint Gardens a couple of years ago for $1950 and at the time I was worried that the price of gold would steadily go down and I would never be able to recoup my investment. Turns out I was wrong! Would I buy today? No money, so I'm not buying gold right now! I don't buy silver, I just don't! Oh on platinum and palladium, I own some but I wouldn't buy more, if I buy anything it'll be gold!

 

I had a general practitioner that would barter for 5.56 ammo.