Ive got my silver and gold. Hopefully enough silver. Definately not enough gold. I gotta up my gold buying game.but silver is too cheap not to buy a shit ton of it.
My soon to be wife is kind of a normie. Doesn’t understand why I stack. When I tell her the dollar is fucked it goes over head. What ever though they’ll be glad one day that I did that.
My wife didnt understand in the beginning. But going with me every week to buy,listening to other people who are buying,she learned alot. Shes even started buying her own pieces. She likes the expensive stuff but thats ok,my cheap shit offsets what she spends. She dont like gold jewelry,she likes silver. I told her buy all she wants,just make sure its real and youre not getting screwed. It just adds more weight to the stack.
I want my kids to look like me. I have dated non white women before but at the end of the day I want my kids to look like me. I have very Northern European features that I want to keep in the gene pool.
My wedding cost $75 for the marriage license. Courthouse wedding, no honeymoon. It was more important for me and my husband to have money to buy a house than it was for one day of festivities.
Wow, that’d buy 5 1oz gold coins or about 350 1oz silver coins. I personally think silver is a better investment right now. It’s really cheap and I think it’ll go up more than gold. Easier to trade most likely if necessary.
I'm trying to keep it below that amount, food has gone up so much that the catering is going to cost more than the venue and it's open bar at this point.
"I've got my silver and gold. Hopefully enough silver. Definitely not enough gold."
Same here. I've been preparing for financial distress for years. At current gold prices, it's hard for me to spare enough after each week's bidenflation to add to our gold stash, but silver is still affordable.
Legit question: what do people do with the gold and silver? Mine just sits in the safe. Do you sell it later for more than you bought it for, I assume? So speculating?
Mine sits in a safe, waiting to see what happens re: gold backed dollar.. I have roughly half bullion and half "junk" pre 65 coinage. I am hoping that the 1950 dollar comes back.. it's at 3 cents or less to the 1950 dollar now.
I figure with the gold silver ratio over 80 these days I can buy one ounce of gold or 80 ounces of silver. At some point that ratio has to close back up to around 15:1 at which point I will exchange my 80 ounces of silver for over 5 ounces of gold.
I am buying gold when I am buying silver these days. I’m just buying it at a huge discount.
The problem with the 1/10 size ones is that they totally bang you on the premium.
For instance, a 1oz Eagle is $2031.00 and a 1/10 oz Eagle is $286.00, that's $2860.00 per oz, comparitively.
I just use silver for the 'little denominations' and don't waste too much on the smaller pieces of Au for this reason. That $600-ish price difference (loss of value/premium) can buy a lot of silver!
Remember....You're not stacking to barter with if the STHF. You're holding it for when the REAL prices come up to par with what they should be, vs the artificial prices being held down right now. Don't forget that!
“Remember....You're not stacking to barter with if the STHF. You're holding it for when the REAL prices come up to par with what they should be, vs the artificial prices being held down right now. Don't forget that!”
Yeah if we end up in Mad Max world where you need to barter ammo and food will be worth more than gold and you'll be more worried about raiders coming to get you when you eventually fall asleep.
The highest price gold has ever been in history is $2,067/oz. Very close to today's price. If I buy gold now, I'm buying at the highest possible price.
How much higher should it be expected to go in our lifetime? Is "Buy highest, sell even higher" a valid methodology?
When gold goes to 100k an ounce. Might be harder to sell to a coin shop vs a 1/10.
Trading meaning selling your coins back when they go up big time. I think silver is undervalued and its also has a lot of industrial uses. Copper and Uranium as well.
FYI - Now is a good time to get a PM testing kit, where you can do specific gravity and chem tests for either buying or selling.
If an Eagle hits $100k, I'd imagine many would just cut, shave or melt them as needed to break them down. The test kits pretty much circumvent the need for overpaying for fractional ounces....but it sure is convenient.
I love the 1/10. I had a couple grams but i couldnt see the designs or feel them. The plastic they were in was heavier. The 1/10 has enough weight that you can feel it in your hand and i can read/see the design. And theyre affordable for my broke ass.ive only got 4 if them but thats more than i had 3 years ago.
Silver,i buy the shit out of silver.ive managed to stack up close to 700oz in 3 years. I should be good in the silver department.
Perceived value due to "name recognition" (few USA normies know what a Philharmonic or Krugerand is...)
Face value in dollars, which may allow you to take more across borders, should you need to (face value < actual value in USD)
Some tax advantages when purchasing vs other coins
After you feel that you've stacked enough Eagles, you usually start just buying weight (bars, rounds etc) - whatever you can get a hold of because you're just looking to acquire weight - without paying minting fees and other premiums that erode your buying power.
You may want to buy gold Buffalo coins (99.99% gold/24k) vs gold Eagles (91.x%/22k) or a mixture of both. The alloyed Eagles are more durable as an actual coin.
Any "coin" will hold its value simply as a piece of valuable metal. As for numismatic value of the coin (collectability) - that's probably not going to matter a whole lot if the SHTF. Nobody cares if it's silver from 1888 or 2023 if things get that bad. It'll be all about the weight.
I buy rounds and bars. I only buy eagles if they are 35 dollars or less. They will always be worth whatever an ounce of silver is worth. Premiums on them right now are a bit high. You can get maples and other coins a little cheaper.
They should hold thier value if the dollar crashes as they are government minted with security features. But what currency will they be valued in? In shtf scenario,silver is gonna be the last thing people are gonna want. Silver and gold are more for after the crash.
But at the end of the day,an ounce of silver is an ounce of silver.
Ive got my silver and gold. Hopefully enough silver. Definately not enough gold. I gotta up my gold buying game.but silver is too cheap not to buy a shit ton of it.
I am getting married and one of my thoughts is how much silver I could have bought with that money lol!
Everytime i go shopping i count how many oz of silver i couldve bought. Drives my wife nuts.🤣
My soon to be wife is kind of a normie. Doesn’t understand why I stack. When I tell her the dollar is fucked it goes over head. What ever though they’ll be glad one day that I did that.
My missus stopped complaining after I gave her a few pretty silver coins to display on her desk.
My wife didnt understand in the beginning. But going with me every week to buy,listening to other people who are buying,she learned alot. Shes even started buying her own pieces. She likes the expensive stuff but thats ok,my cheap shit offsets what she spends. She dont like gold jewelry,she likes silver. I told her buy all she wants,just make sure its real and youre not getting screwed. It just adds more weight to the stack.
Couldn't you just find an Indian bride instead? A lot of them come with a dowry. Then you could get more silver.
I want my kids to look like me. I have dated non white women before but at the end of the day I want my kids to look like me. I have very Northern European features that I want to keep in the gene pool.
You “were” getting married. Now get out there and buy buy buy! ;)
Ya I know. Weddings are frigging expensive. I asked for cash gifts and used to pay part of my wedding lol. Did a cheap honeymoon a year later.
My wedding cost $75 for the marriage license. Courthouse wedding, no honeymoon. It was more important for me and my husband to have money to buy a house than it was for one day of festivities.
Yeah and I am not even having that big of a wedding and it’s still gonna cost me nearly $10,000 for venue, DJ and catering.
Wow, that’d buy 5 1oz gold coins or about 350 1oz silver coins. I personally think silver is a better investment right now. It’s really cheap and I think it’ll go up more than gold. Easier to trade most likely if necessary.
You could fill your car's gas tank a few times with that!
I'm trying to keep it below that amount, food has gone up so much that the catering is going to cost more than the venue and it's open bar at this point.
Ya that sounds about right.
"I've got my silver and gold. Hopefully enough silver. Definitely not enough gold."
Same here. I've been preparing for financial distress for years. At current gold prices, it's hard for me to spare enough after each week's bidenflation to add to our gold stash, but silver is still affordable.
Legit question: what do people do with the gold and silver? Mine just sits in the safe. Do you sell it later for more than you bought it for, I assume? So speculating?
Mine sits in a safe, waiting to see what happens re: gold backed dollar.. I have roughly half bullion and half "junk" pre 65 coinage. I am hoping that the 1950 dollar comes back.. it's at 3 cents or less to the 1950 dollar now.
Sell to exchange.
I figure with the gold silver ratio over 80 these days I can buy one ounce of gold or 80 ounces of silver. At some point that ratio has to close back up to around 15:1 at which point I will exchange my 80 ounces of silver for over 5 ounces of gold.
I am buying gold when I am buying silver these days. I’m just buying it at a huge discount.
Keep manipulating the prices motherfuckers!
Im hoping to play the ratio myself.
I like the 1/10 oz rounds of gold. Anything bigger just too hard to trade.
The problem with the 1/10 size ones is that they totally bang you on the premium.
For instance, a 1oz Eagle is $2031.00 and a 1/10 oz Eagle is $286.00, that's $2860.00 per oz, comparitively.
I just use silver for the 'little denominations' and don't waste too much on the smaller pieces of Au for this reason. That $600-ish price difference (loss of value/premium) can buy a lot of silver!
Remember....You're not stacking to barter with if the STHF. You're holding it for when the REAL prices come up to par with what they should be, vs the artificial prices being held down right now. Don't forget that!
“Remember....You're not stacking to barter with if the STHF. You're holding it for when the REAL prices come up to par with what they should be, vs the artificial prices being held down right now. Don't forget that!”
Good point
Yeah if we end up in Mad Max world where you need to barter ammo and food will be worth more than gold and you'll be more worried about raiders coming to get you when you eventually fall asleep.
The highest price gold has ever been in history is $2,067/oz. Very close to today's price. If I buy gold now, I'm buying at the highest possible price.
How much higher should it be expected to go in our lifetime? Is "Buy highest, sell even higher" a valid methodology?
Sorry you misunderstood.
When gold goes to 100k an ounce. Might be harder to sell to a coin shop vs a 1/10.
Trading meaning selling your coins back when they go up big time. I think silver is undervalued and its also has a lot of industrial uses. Copper and Uranium as well.
Ah okay - yeah Roger that.
FYI - Now is a good time to get a PM testing kit, where you can do specific gravity and chem tests for either buying or selling.
If an Eagle hits $100k, I'd imagine many would just cut, shave or melt them as needed to break them down. The test kits pretty much circumvent the need for overpaying for fractional ounces....but it sure is convenient.
I love the 1/10. I had a couple grams but i couldnt see the designs or feel them. The plastic they were in was heavier. The 1/10 has enough weight that you can feel it in your hand and i can read/see the design. And theyre affordable for my broke ass.ive only got 4 if them but thats more than i had 3 years ago.
Silver,i buy the shit out of silver.ive managed to stack up close to 700oz in 3 years. I should be good in the silver department.
Do you buy rounds or eagles? Would eagles still hold their value if us crashes?
Some choose to get Eagles first, due to:
After you feel that you've stacked enough Eagles, you usually start just buying weight (bars, rounds etc) - whatever you can get a hold of because you're just looking to acquire weight - without paying minting fees and other premiums that erode your buying power.
You may want to buy gold Buffalo coins (99.99% gold/24k) vs gold Eagles (91.x%/22k) or a mixture of both. The alloyed Eagles are more durable as an actual coin.
Any "coin" will hold its value simply as a piece of valuable metal. As for numismatic value of the coin (collectability) - that's probably not going to matter a whole lot if the SHTF. Nobody cares if it's silver from 1888 or 2023 if things get that bad. It'll be all about the weight.
I NEVER buy "slabbed" coins-arbitrary values based on visuals that get inconsistant.
I buy rounds and bars. I only buy eagles if they are 35 dollars or less. They will always be worth whatever an ounce of silver is worth. Premiums on them right now are a bit high. You can get maples and other coins a little cheaper.
They should hold thier value if the dollar crashes as they are government minted with security features. But what currency will they be valued in? In shtf scenario,silver is gonna be the last thing people are gonna want. Silver and gold are more for after the crash.
But at the end of the day,an ounce of silver is an ounce of silver.
Both