They say 11% of Americans are holding PM. I'm not sure it's that high... especially in any quantity. You and I both know how many friends we've encouraged to start stacking (starting during the Obongo years) and how very, very few even bought a single ounce. I only know one person out of probably 100 that actually pulled the trigger and started stacking... and they were way late to the party.
It's really kind of shocking that perception of ag/au stacking is like kryptonite or something... I think it's a case of the herds talking heads always saying how it's a "bad investment" or it just doesn't move enough to be worth it...
Part of me is glad to see my $1080 au at $2300 and $14 ag at $27 now... but another part of me is worried because the more it goes up, the less buying power our already lame currency has...
Anybody else observe this kind if thing in their circles? They think it's a great idea to stack but don't ever take action?
They say 11% of Americans are holding PM. I'm not sure it's that high... especially in any quantity. You and I both know how many friends we've encouraged to start stacking (starting during the Obongo years) and how very, very few even bought a single ounce. I only know one person out of probably 100 that actually pulled the trigger and started stacking... and they were way late to the party.
It's really kind of shocking that perception of ag/au stacking is like kryptonite or something... I think it's a case of the herds talking heads always saying how it's a "bad investment" or it just doesn't move enough to be worth it...
Part of me is glad to see my $1080 au at $2300 and $14 ag at $27 now... but another part of me is worried because the more it goes up, the less buying power our already lame currency has...
Anybody else observe this kind if thing in their circles? They think it's a great idea to stack but don't ever take action?
“It's really kind of shocking that perception of ag/au stacking is like kryptonite or something..”
That’s a great way to put it. That’s exactly how people think. I cannot understand why. It’s all the propaganda that they tell us, I guess. SMH