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<p>[QUOTE="Rono, post: 2633278, member: 6492"]Howdy,</p><p><br /></p><p>I don't agree that gold stackers are smarter than silver stackers because they are stacking gold and I believe you concluded they were smarter as a class. Sorry, but I've seen too many people with serious money pour it down some rat hole or another. Having money doesn't make you smart. Wisely managing your resources and time makes you smart. Ever watch American Pickers? They've got some collectors that do so for various and sundry reasons and some are very bright and some are not. Ever sat next to some cretin at the blackjack table constantly peeling off $100s and losing his hide? Ever watch someone decide to buy into a restaurant franchise only to go tapped because they weren't customer service types? </p><p><br /></p><p>Some reasons to stack more silver relative to gold are:</p><p><br /></p><p>Cost. Yeah. Cost. Depending upon your situation in life and age, you may have limited resources for buying bullion. Do you realize how great a percentage of workers with a 401(k) option are unable to max it out. </p><p><br /></p><p>Fungibility. Silver is much more readily disposed. ASE's and even more so, 90% fractional can be spend most anywhere on the planet. Gold is much hard to flip.</p><p><br /></p><p>Gold/silver ratio riding 56-70 to 1 when historically, it's been ~17 to 1.</p><p><br /></p><p>And for the kid, it's leverage. There is much greater leverage in the silver than in gold. This extends beyond physical bullion to the stocks and my favorite place to play - the junior silver miners. The leverage is spectacular when the bull is running. I played in the late 70's, went nuts from 2002 - 2011, played it last spring and am playing it now. Cha-ching.</p><p><br /></p><p>and so it goes,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 2633278, member: 6492"]Howdy, I don't agree that gold stackers are smarter than silver stackers because they are stacking gold and I believe you concluded they were smarter as a class. Sorry, but I've seen too many people with serious money pour it down some rat hole or another. Having money doesn't make you smart. Wisely managing your resources and time makes you smart. Ever watch American Pickers? They've got some collectors that do so for various and sundry reasons and some are very bright and some are not. Ever sat next to some cretin at the blackjack table constantly peeling off $100s and losing his hide? Ever watch someone decide to buy into a restaurant franchise only to go tapped because they weren't customer service types? Some reasons to stack more silver relative to gold are: Cost. Yeah. Cost. Depending upon your situation in life and age, you may have limited resources for buying bullion. Do you realize how great a percentage of workers with a 401(k) option are unable to max it out. Fungibility. Silver is much more readily disposed. ASE's and even more so, 90% fractional can be spend most anywhere on the planet. Gold is much hard to flip. Gold/silver ratio riding 56-70 to 1 when historically, it's been ~17 to 1. And for the kid, it's leverage. There is much greater leverage in the silver than in gold. This extends beyond physical bullion to the stocks and my favorite place to play - the junior silver miners. The leverage is spectacular when the bull is running. I played in the late 70's, went nuts from 2002 - 2011, played it last spring and am playing it now. Cha-ching. and so it goes, peace, rono[/QUOTE]
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Lots of silver "stacking," not so much gold stacking
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