How do all the old timers feel about "silver stackers?"

Discussion in 'Bullion Investing' started by myownprivy, Mar 13, 2017.

  1. goldcollector

    goldcollector Member

    No everyone has said it was going through the roof since at least 1980.

    What they said was it was going up - for good - and then more - and then more.

    Not one person did I ever see post that there would be a short lived speculative bubble that would last for 3 weeks ??? was it before it lost 40% to $30 and then a slow ( 2 years or so ) loss of another 50%. Not one person predicted that. In fact there was a guy on another site who said when it was close to $50 that it would lose 2/3 which turned out to be even less than what it lost, but quiet a good call. He was tarred and feathered and worse by the crowd. What is a stupid idiot he was.

    Now I know of course of course of course all the silver crowd sold out at $49 or so to make a huge profit on their $6 DCA silver. Oh isn't internetville a wonderful thing, everyone always comes out on top. In the real world things are quiet different.

    So yes even though silver neard $50 for a while, the silver crowd has been 100% wrong. Just like those who loaded into baseball cards and thought sure their rookie cards of Mike Trout or whoever would someday give them a nice retirement were wrong. Just because baseball cards went to the moon for a very short period of time doesn't not make "investing in baseball cards" a good move.
     
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  3. sakata

    sakata Devil's Advocate

    Goldcollector, I am so happy to heard that you have a perfect record in life and have never made a single wrong prediction. But I feel fsorry for your wife.
     
  4. goldcollector

    goldcollector Member

    Im not married but if I was I would feel sorry for her too. My #2 stinks pretty bad.
     
  5. Jason Hoffpauir

    Jason Hoffpauir Avid Coin Collector

    I don't have anything against silver stackers...well yeah I do(just kidding)....but to me its just people who want to show off their collection. Don't get mad...its true. We all have pride and worked hard to attain our silver. Sometimes it just feels good to show all what you collected or "silver stacked" this year. It's fun...like a hidden taboo that we all share. You can deny this all you want; it's just human nature.

    And yes, there are some that want to attach an educational how-to-do-it tag to silver stacking...but basically it is a way of saying.."Hey, look at all my shinny stuff". I admit I do it sometimes...albeit, I don't do it on YouTube but a some level everyone has done it. This includes if you do it a home with NO ONE around and you just look at your stack all by yourself. Its fun. This is JMHO.
     
  6. sakata

    sakata Devil's Advocate

    In my opinion, your opinion is wrong. I have never shown anyone the silver I own. I have never known anyone who did. I don't even look at it myself.

    I just know where it is buried. :D.
     
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