Any Gold Stackers on SD?
- Thread starter Bo Diddley
- Start date
Bo Diddley
Well-Known Member
Silver is doing rather well.
Demand for physical is strong.
Near $57 an oz.
Demand for physical is strong.
Near $57 an oz.
The predictions are worthless as they never have any timing.
Predicting the market will crash is easy, of course it will crash sometime. There is always some geezer saying it will crash and then they are a genius cos they got lucky and happened to be the one out of a thousand who was saying it at the right time.
The equity markets will go up, they will go down big time, then they will go up big time. Of course they will. We have had a great run; it that has to stop sometime; it will probably have been tooo bullish so it will head downwards; overshoot; then go back up. Common sense really.
Investing is psychology not logic.
Predicting the market will crash is easy, of course it will crash sometime. There is always some geezer saying it will crash and then they are a genius cos they got lucky and happened to be the one out of a thousand who was saying it at the right time.
The equity markets will go up, they will go down big time, then they will go up big time. Of course they will. We have had a great run; it that has to stop sometime; it will probably have been tooo bullish so it will head downwards; overshoot; then go back up. Common sense really.
Investing is psychology not logic.
Coins I paid 12 quid for are now pushing 60 and a 1kg bar I paid 388 for now over 1k ... and we are talking well less than a decade !
Bo Diddley
Well-Known Member
Are you still stacking
. I've got some silver, jumped in at £25/Britannia in a small way.
Absolutely agree, 100%
Unless you’re Dutch…And we are not making any more of it
Not at 60 quid lolAre you still stacking
Bavarianbrit
Well-Known Member
A ton of old smartphones phones contains up to 300 grams of gold plus two to two and a half kilos of silver.
Anyone fancy setting up a deal with the London snatchers?
Anyone fancy setting up a deal with the London snatchers?
Flash G 74
Well-Known Member
Hello, Not gold but had a good porfolio of Penny Shares , Over 5 years i doubled my money but before the big crash
Silvers doing very well at the moment !
Bo Diddley
Well-Known Member
Keep buying
Considering selling more like it lol bits that I paid 46 quid for now nearly 400Keep buying
Bo Diddley
Well-Known Member
Only sell if you are going to spend/invest the money wisely.
Remember, gold & silver are a "store of wealth" against fiat currencies going to the wall....
I must admit, the prices are a bit rich for me to keep buying..
Agreed
it's crazy some tubes britannias I bought at 12.50 each coin now £104 each and some 1kg silver bars purchased for 384 now over 2k
glasshalffull
Well-Known Member
Looks like an 'everything bubble' to me?
Looks more like the comex has finally lost control of it
Jim Hutton
Well-Known Member
The considered wisdom is that we can expect a global economic crash/downturn and many financial institutions have invested heavily in gold. However, contrary thinking can sometimes pay dividends.
Bo Diddley
Well-Known Member
They are safeguarding what wealth they have. Look upon it as an investment if you want to. The physical movement of gold around the world tells you something is happening, some countries are just sucking it all up.
If we have an economic meltdown (let's hope we don't), paper money will be worthless.
Think of the hyperinflation some countries have known. Gold & silver always have a core value... paper money isn't really worth the paper it is printed on when the $hite hits the fan.
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