Message:

<p>[QUOTE=&quot;medoraman, post: 3078821, member: 26302&quot;]I agree mostly with these positions, but just would say one thing on the &quot;stacker&quot; side. If a pm is present in an overall portfolio as a hedge to other positions, it CAN be a suitable investment strategy to reduce volatility. I hate absolutes in life, since most life is in the grey areas where total absolutes are not possible. </p><p><br /></p><p>Does this describe most PM stackers? Probably not, but that does not make the possibility untrue. Some may say that instead of physical pm you should buy stock in miners, but they have their own issues, (cost structures, prediliction to waste assets on acquisitions when times are good, high premium due to inverse beta, etc), that make them fairly unappealing choices.</p><p><br /></p><p>Having gone on that Finance theory rant, I also consider all money I spend on pm, coins, or any other hobbies as my &quot;hobby money&quot;, and erase it totally from my personal balance sheet the moment I spend it. Its my &quot;I have investments for my family, so I am going to piss this money away on my enjoyment&quot; spending. If the wife or kids sell it for a buck or two when I am gone, fine, but they will never have to rely on it to be able to eat.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in