I'm a stacker, with that said, precious metals don't typically soar during these events for some reason. I added 10,000 PSLV shares earlier today. Guess we will see what happens.
To extend on what you said for anyone else, stay clear of paper precious metals. They are highly manipulated like the rest of them. PSLV is safe, as they are physically backed in a trusted vault that's constantly audited. They also certify your holdings with serial numbers, and you can withdraw with a certain amount of holdings.
I'm still not a fan of not holding the silver in my own vault, but this a "play around" old rollover IRA that I'm ok gambling with. I'm not a fan of precious metal IRAs. If a SHTF happens, and it will, you aren't getting that gold or silver. I'm bullish on the miners and PSLV follows a 3/1 ratio with the spot price, typically. When a real crash happens, food, ammo, clean water, and skills will be all that matters.
Correct, I like to say if you don't hold it, you don't own it. PSLV seems to be the safer paper play if that's the only route you can go. Option 1 is always hold physical in your possession, unfortunately it always seems to get lost in boating accidents.
I'm a stacker, with that said, precious metals don't typically soar during these events for some reason. I added 10,000 PSLV shares earlier today. Guess we will see what happens.
To extend on what you said for anyone else, stay clear of paper precious metals. They are highly manipulated like the rest of them. PSLV is safe, as they are physically backed in a trusted vault that's constantly audited. They also certify your holdings with serial numbers, and you can withdraw with a certain amount of holdings.
I'm still not a fan of not holding the silver in my own vault, but this a "play around" old rollover IRA that I'm ok gambling with. I'm not a fan of precious metal IRAs. If a SHTF happens, and it will, you aren't getting that gold or silver. I'm bullish on the miners and PSLV follows a 3/1 ratio with the spot price, typically. When a real crash happens, food, ammo, clean water, and skills will be all that matters.
Correct, I like to say if you don't hold it, you don't own it. PSLV seems to be the safer paper play if that's the only route you can go. Option 1 is always hold physical in your possession, unfortunately it always seems to get lost in boating accidents.
Hate to say this time is different, but I think this time is different.
Property and PM’s are all that I can trust right now.
Neither are going any where. Everything else can vanish, or in the case of sticks be chopped in half five times.