<< <i>Will you regret if you do not buy more now? >>
Well, that depends on how PMs perform versus alternative investments. If they do better, then, obviously, yes. If metals do worse than the other bets, then no. Time will tell.
<< <i>May depend on how well 'stacked' your base may already be.. >>
Did most of the base building in 1999-2004, now it's just a brick here and a disc there as more of a collection, took some profits at $35-40 silver, would make a significant junk silver buy if it fell below 24 and reload the truck at 18 or so. between those numbers, just hanging out and making and losing the same dollar, day after day, I never have enjoyed trading noise and skimming spare change.
"Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
Im not buying unless it gets down to 20 dollars or so, if it then falls to $5 an ounce or rises to $50 an ounce Im happy either way with my decision to play it safe and not throw big money at pm's, my security is in US Dollars.
I don't regret not buying more a couple years ago. And I am happy with the amount I am adding currently. You can't just blindly go all in on any investment. And you can't dwell on what has or hasn't happened in the past. You just have to make the best decisions you can in the now, with the information you have.
I do not have any regrets because I am always buying silver art bars that I like and and I am enjoying the ones that I bought. The only regret that I might have would be if spot silver goes up so high to the point where I can no longer afford to buy any more of them to add to my collection.
DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
While I'm not in the position to buy multiple gold coins at a time,I do buy one on a regular basis.Silver more so due to affordability.No matter what the price,I will keep buying for now.My concern now is the premiums.Buying raw coins from a reputable dealer is my preference to paying a high premium.
<< <i>Nope, grabbed ten gold buffalos today at 3.75% over spot. All MS69 First Strike. >>
Pardon my further inquiry, but it sounds like such a good deal and I'm still learning how to buy... Were these slabbed or just a good deal you found that are also 69/First Strike?
(ps, today I got 2 more, 08 ASE boxed proofs at $50 and a $5 (1/10) AGE in its folder for $176. Not terrific deals, but there was nothing else at hand.
Comments
I knew it would happen.
<< <i>Will you regret if you do not buy more now? >>
Well, that depends on how PMs perform versus alternative investments. If they do better, then, obviously, yes. If metals do worse than the other bets, then no. Time will tell.
<< <i>May depend on how well 'stacked' your base may already be.. >>
Did most of the base building in 1999-2004, now it's just a brick here and a disc there as more of a collection, took some profits at $35-40 silver, would make a significant junk silver buy if it fell below 24 and reload the truck at 18 or so. between those numbers, just hanging out and making and losing the same dollar, day after day, I never have enjoyed trading noise and skimming spare change.
Liberty: Parent of Science & Industry
I knew it would happen.
<< <i>I won't regret it either way. >>
<< <i>
<< <i>I won't regret it either way. >>
Same.
Just got my monthly interest on 1 savings acct that is about a months pay. $0.03.....I'll take the metal swings over the dollar devaluation right now.
Knowledge is the enemy of fear
Repetition of ignorance is ignorance raised to the power two.
Since early May I have added as much silver and gold I could afford. No regrets here.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
While I'm not in the position to buy multiple gold coins at a time,I do buy one on a regular basis.Silver more so due to affordability.No matter what the price,I will keep buying for now.My concern now is the premiums.Buying raw coins from a reputable dealer is my preference to paying a high premium.
Silver lost it's appeal to me past $15.
I'm very uncomfortable beyond what it takes to get it out of the ground.
Sleep is important to me.
<< <i>Nope, grabbed ten gold buffalos today at 3.75% over spot. All MS69 First Strike. >>
Pardon my further inquiry, but it sounds like such a good deal and I'm still learning how to buy... Were these slabbed or just a good deal you found that are also 69/First Strike?
(ps, today I got 2 more, 08 ASE boxed proofs at $50 and a $5 (1/10) AGE in its folder for $176. Not terrific deals, but there was nothing else at hand.
Repetition of ignorance is ignorance raised to the power two.