Gold and Silver Stacking

Hardline said:
Gold is monetary metal.
Silver is industrial metal
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Gold is also a very good conductor of electricity but normally costs to much for mass use.

At one time Kodak was one of the biggest consumers of silver.
 
Gold and silver dipping hard last few days. Gold has dropped about $500 in one week. I just placed a big order on both metals.
 
I do collect coins, but not physical metals in general.

I don't recommend "physically" stacking for a few reasons.
  • It's heavy
  • It takes a lot of room.
  • When the prices gets volatile, the very people you buy and sell from will stop trading! (this just happened not long ago. Hight spot price vs low demand)
    • Many times, you may be limited on how much a buyer will take. (that won't always pay your bills)
    • Many times if a dealer does continue buying, they will do so at a lower price to hedge their risk.
  • If you do buy, buy small weights as bigger ones can be difficult to sell also. (also, you can sell smaller amounts rather than trying to sell large 10oz / 1kg silver bars)
Now, if you're a dooms day prepper, you can hold physical bullion and it can make sense. Just remember, silver and gold may not necessarily feed you right after a disaster hits. You cannot eat it and it won't keep you warm. (the exact opposite in fact)

If you want to buy silver or gold for the security / investment of it, I would go with physically backed ETFs.
  1. Zero risk of physical theft.
  2. It's digital, no weight or storage required
  3. High liquidity - You can buy and sell as much as you have almost instantly and you will get the going price for it.
The only downside is if an apocalypse occurs, you don't own the gold directly and they won't ship it to you. For the most part, it won't have a huge intial value after an apocalypse either. Not until some sort of working industry takes hold that actually uses it.

Remember, gold and silver have three primary uses.
  1. Jewelry - During an apocalypse, people won't be buying rings.
  2. Industrial use - Someone have to have a need, safe to deal with, and a way to put it to use. Otherwise, they won't buy it.
  3. Currency - Your neighbor may not accept gold or silver in barter because they cannot eat it. Though, they can definitely shoot you dead and steal it if you have enough of it!
 
BrAinPaiNt said:
Gold is also a very good conductor of electricity but normally costs to much for mass use.

At one time Kodak was one of the biggest consumers of silver.
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gold is actually a better conductor plus it does not tarnish like silver
 
BrAinPaiNt said:
Gold and Silver are almost always good investments.
It seems prices also go up more during economic down turns. Do NOT turn this into a political issue.

Gold and Silver really are great investments if you have the money to get some and get a nice little collection. Rarely will the value decrease and if it does a tad, it will grow in the future. If you can collect and keep them for a long term investment, you will win. It is a great investment when you have a physical product you can inspect. You can buy or trade it without having to go through hoops. One of the few products where most pawn shops will pay full value for a product. Some pawns shops will actually sell it to but most would rather keep them.

You can also find companies that are in the business of mining for gold or silver and invest by buying stock in those companies.
I had one around ten years ago. Sold it off after a year and made profit It was not a huge investment but when I sold it, it helped finance a family trip to St Thomas USVI.
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That’s just not true and dangerous to say so to future investors.
 
Rockport said:
That’s just not true and dangerous to say so to future investors.
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You forgot the rest of it....and if it does a tad, it will grow in the future.

Truth is truth.

The annual percentage change in the price of gold from 2000 to 2025:
  • 2000: -5.4%
  • 2001: +2.4%
  • 2002: +24.8%
  • 2003: +19.5%
  • 2004: +5.4%
  • 2005: +17.5%
  • 2006: +23.5%
  • 2007: +31.0%
  • 2008: +5.6%
  • 2009: +24.6%
  • 2010: +29.6%
  • 2011: +10.1%
  • 2012: +7.1%
  • 2013: -28.0%
  • 2014: -1.8%
  • 2015: -10.4%
  • 2016: +8.4%
  • 2017: +13.2%
  • 2018: -1.6%
  • 2019: +18.3%
  • 2020: +25.1%
  • 2021: -3.6%
  • 2022: -0.4%
  • 2023: +13.2%
  • 2024: +27.2%
  • 2025: +27.0% *(YTD) [1]
In 25 years gold has only went down in price a year 6 times.
It does go down but if investors keep it, like I state it, it will go back up. From 2000 to 2025 the price of gold has went up over 1000%
 
Gold is a precious metal and in limited supply so the price tends to only rise over time. The primary times when the price of gold falls, it's during times of higher interest rates. That is primarily due to gold has no interest rate associated with it. When rates are higher, investors tend to shift their money to low-risk yield bearing assets like US Treasuries, high-yield savings accounts and corporate bonds as they tend to return more than gold does on it's own.

Basically, gold is a safe haven which is why it can be very popular for those with low risk tolerances. (ie, when you're close to retirement)

Someone mentioned that gold is not an industrial metal. This is not true. It is used judiciously in electronics even though it's not the "best" or cheapest conductor. They use it because it doesn't corrode over time and is highly durable. There are companies that solely exists to recover gold from discarded electronics.
 
YosemiteSam said:
Gold is a precious metal and in limited supply so the price tends to only rise over time. The primary times when the price of gold falls, it's during times of higher interest rates. That is primarily due to gold has no interest rate associated with it. When rates are higher, investors tend to shift their money to low-risk yield bearing assets like US Treasuries, high-yield savings accounts and corporate bonds as they tend to return more than gold does on it's own.

Basically, gold is a safe haven which is why it can be very popular for those with low risk tolerances. (ie, when you're close to retirement)

Someone mentioned that gold is not an industrial metal. This is not true. It is used judiciously in electronics even though it's not the "best" or cheapest conductor. They use it because it doesn't corrode over time and is highly durable. There are companies that solely exists to recover gold from discarded electronics.
Click to expand...
And Interest rates are predicted to rise going forward due to the high inflation.
 
BrAinPaiNt said:
You forgot the rest of it....and if it does a tad, it will grow in the future.

Truth is truth.

The annual percentage change in the price of gold from 2000 to 2025:
  • 2000: -5.4%
  • 2001: +2.4%
  • 2002: +24.8%
  • 2003: +19.5%
  • 2004: +5.4%
  • 2005: +17.5%
  • 2006: +23.5%
  • 2007: +31.0%
  • 2008: +5.6%
  • 2009: +24.6%
  • 2010: +29.6%
  • 2011: +10.1%
  • 2012: +7.1%
  • 2013: -28.0%
  • 2014: -1.8%
  • 2015: -10.4%
  • 2016: +8.4%
  • 2017: +13.2%
  • 2018: -1.6%
  • 2019: +18.3%
  • 2020: +25.1%
  • 2021: -3.6%
  • 2022: -0.4%
  • 2023: +13.2%
  • 2024: +27.2%
  • 2025: +27.0% *(YTD) [1]
In 25 years gold has only went down in price a year 6 times.
It does go down but if investors keep it, like I state it, it will go back up. From 2000 to 2025 the price of gold has went up over 1000%
Click to expand...
That’s fine if you buy and hold for 25 years.
 
BrAinPaiNt said:
You forgot the rest of it....and if it does a tad, it will grow in the future.

Truth is truth.

The annual percentage change in the price of gold from 2000 to 2025:
  • 2000: -5.4%
  • 2001: +2.4%
  • 2002: +24.8%
  • 2003: +19.5%
  • 2004: +5.4%
  • 2005: +17.5%
  • 2006: +23.5%
  • 2007: +31.0%
  • 2008: +5.6%
  • 2009: +24.6%
  • 2010: +29.6%
  • 2011: +10.1%
  • 2012: +7.1%
  • 2013: -28.0%
  • 2014: -1.8%
  • 2015: -10.4%
  • 2016: +8.4%
  • 2017: +13.2%
  • 2018: -1.6%
  • 2019: +18.3%
  • 2020: +25.1%
  • 2021: -3.6%
  • 2022: -0.4%
  • 2023: +13.2%
  • 2024: +27.2%
  • 2025: +27.0% *(YTD) [1]
In 25 years gold has only went down in price a year 6 times.
It does go down but if investors keep it, like I state it, it will go back up. From 2000 to 2025 the price of gold has went up over 1000%
Click to expand...
And if you bought in 1980 and held it through 2000 you would have taken a 20 year 70% Haircut.
 
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