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Your Stacking Goals - Ideal Stack Size

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Pillar of the Community
MontanaCMR's Avatar
United States
606 Posts
 Posted 03/24/2015  7:06 pm  Show Profile   Bookmark this reply Add MontanaCMR to your friends list Get a Link to this Reply
However, if nobody want's to pay $35 a coin, how will they ever increase in price?
Valued Member
Colin's Coins's Avatar
United States
108 Posts
 Posted 03/24/2015  7:25 pm  Show Profile   Bookmark this reply Add Colin's Coins to your friends list Get a Link to this Reply
I just keep on stackin'!
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coinwatch's Avatar
United States
808 Posts
 Posted 03/24/2015  8:30 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
@Montana

Absolutely right. There were plenty of coins out there worthy of $35 or higher spot price. However, the problem I had was that I'd not yet settled on real buying strategy. As a result I put too much hard earned cash in to ordinary BU ASE's and Maple's when I could have been shopping for more interesting silver coin and bar options. There's absolutely nothing wrong with ASE's and maples. However, numismatic premiums tend to shrink somewhat when the spot price takes off. It was a missed opportunity. Lesson learned.
Edited by coinwatch
03/25/2015 06:53 am
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MontanaCMR's Avatar
United States
606 Posts
 Posted 03/25/2015  10:50 am  Show Profile   Bookmark this reply Add MontanaCMR to your friends list Get a Link to this Reply
Coin,

Great post.

I feel I've learned a few lessons as well. For instance, I have switched to the old bars from my LCS whenever possible. The upside is the prices of these poured bars on ebay don't seem to be related to spot. The downside it one hasn't shown up at the shop for about 2 months now.

I'm also comfortable with my 3.5% increase over 100 year line buy approach (about $18). In simple terms, if it's over the 100 year mean, I don't buy. Next year it will be like $18.63......up 3.5%. This approach is preferable to me than using 50 day moving averages because I am only buying, and never selling as it's just a simple hobby.
Edited by MontanaCMR
03/25/2015 10:54 am
Pillar of the Community
JDRMCB's Avatar
United States
616 Posts
 Posted 04/22/2015  3:18 pm  Show Profile   Bookmark this reply Add JDRMCB to your friends list Get a Link to this Reply
In light of recent events that are occurring domestically as well as globally, I went to my financial advisor last month and cashed out all but one of my various IRA's, All mutual funds, Annuities, matured CD's, and bonds to purchase AND possess more tangible assets such as Physical PM's.

I just knew my advisor was going to strongly disagree and try and talk me out of doing it, but he told me that as long I left at least one 403b for him to micromanage, it would be a good idea, as long as I had a place to securely store it and knew the risks of owning that much PM and of course the early withdrawal penalties I would have to pay. Ouch!

But here is my thinking, WTSHF (Which I believe is imminent) and the fiat$ implodes, it's not going to be a gradual decline.

History has been known to repeat itself, and I believe that people are going to wake up one morning in the near future, to discover that their life savings, which is made up of binary code transcribed onto monthly or quarterly statements that are stored in a box in their closet will become their tangible assets!

And yes,it pains me that I lost a substantial amount of money in early withdrawal fees, penalties and taxes.

But I feel that, by personally holding real, tangible assets such as PM's, puts me in a much better position to support and protect my family in the event of a global financial catastrophe.

In the event of a financial catastrophe, do you really think you will be able to take your gold and silver certificates that state you own X amount of ounces and successfully redeem them for actual ounces of physical gold and silver from a clearing house that is already years, if not decades behind on clearing sell/stop orders? Maybe?

I do not regret doing it one bit.

For me it was a no brainer.....

X amount of $'s - approx. 20% = SOMETHING!

Zero amount of $'s - 20% = NOTHING!!


Therefore I am stacking .999 silver in 1/10 oz rounds to kilo bars.
And all the 90% I can find! ($2000 face so far)

I'm stacking gold mostly in 1/10, 1/4, & 1/2 oz. AE's, .9999 1 oz. Buffalo's and pre 1900 $20 Double Eagles that I have been able to purchase close to spot.

I also snagged a few 1 oz. PE's to diversify my new "portfolio" as well as the tons of pre '82 copper LC's I have acquired over the years.

I have also splurged on a few coins of greater numismatic vs. intrinsic value, just because I've always dreamed of owning them since I started collecting.

1995-W 10th Anniversary Eagle Proof Set in OMP (Raw)
1937-D 3-Legged Buffalo nickel PCGS MS62
1942/1 Mecury Dime PCGS MS63 FB
1909-S VDB PCGS MS65 RD
1955 DDO-001 Wheat penny PCGS MS64 RD
1838-C Classic Head $2.5 PCGS XF45

I've also been filling those pesky holes in my numerous Dansco Albums which has given me a great deal of satisfaction and a sense of accomplishment that all the gold and silver combined couldn't give me!

For me it has been the best "Mid-life Crisis" I could possibly experience!

IMHO........

There is not a better way to spend your hard earned money, than on PM coins that have and always will have guaranteed purchasing power!

End rant..............




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fistfulladirt's Avatar
United States
4333 Posts
 Posted 04/22/2015  7:42 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
JDRMCB, as much as your strategy scares me, I like it!
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Valued Member
Whitetail Junkie's Avatar
Canada
312 Posts
 Posted 04/22/2015  11:42 pm  Show Profile   Bookmark this reply Add Whitetail Junkie to your friends list Get a Link to this Reply
For myself.....(price depending) 100 ounces of silver and at least a 1 ounce gold coin every year....

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pepactonius's Avatar
United States
9395 Posts
 Posted 04/23/2015  08:56 am  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply

Quote:
In light of recent events that are occurring domestically as well as globally, I went to my financial advisor last month and cashed out all but one of my various IRA's, All mutual funds, Annuities, matured CD's, and bonds to purchase AND possess more tangible assets such as Physical PM's.


I definitely admire the gutsy move. In my case, about 75% of all assets are financial, and only 25% tangible. Sometimes, I wonder how risky my position is.

(BTW, I'd love to have something like the 1838-C $2.50)
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36878 Posts
 Posted 04/23/2015  10:30 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
JDRMCB many will tell you how foolish you were. I agree 100% with your decision, because I did the same thing in 2007. PM's are financial insurance for this current upside down economic world. Nothing makes sense anymore and the old rules are out the window.

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coinwatch's Avatar
United States
808 Posts
 Posted 04/23/2015  10:37 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply

Quote:
PM's are financial insurance for this current upside down economic world. Nothing makes sense anymore and the old rules are out the window.


Moving the majority of assets into PMs is a bold move but I'm certainly not going to call anyone foolish. I personally might go more toward agriculturally viable real estate in addition to PM's and stocking up on certain "durable goods" but that's just me.

Of course the powers that be are already making things difficult for PM investors owners by slapping us with a 28% capital gains tax rate if and when we sell. And as things get worse economically, there's a very real political risk that even more punitive measures will be levied on citizens holding gold and silver. Who needs gold confiscation if your gains can simply be taxed away? it's something to keep in mind.
Edited by coinwatch
04/24/2015 12:37 pm
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JDRMCB's Avatar
United States
616 Posts
 Posted 04/24/2015  1:37 pm  Show Profile   Bookmark this reply Add JDRMCB to your friends list Get a Link to this Reply
I personally believe the powers that be, will go forth with their devious plan, MyIRA, that they put into motion last year before attempting to confiscate PM's from Americans armed with the 2nd Amendment!

From what I have read, in a last ditch effort to wipe the proverbial slate clean(deficit), they are trying to pass a bill that would require all private citizens holding IRA and 401(k) accounts to purchase Treasury bonds (T-bills) by mandating the placement of government-structured annuities in their retirement accounts!

The total amount of retirement assets in America, including 401k, IRA and savings accounts is around $21 trillion. With our national debt coincidentally approaching the same, the government sees big money and potentially a way out of our country's current fiscal disaster!

That is just ONE of the many reasons I chose to get off the roller coaster.

Because we are, without a doubt, approaching the apex!
The uncertainty lies in what happens after we crest and begin that downward spiral. Will there be a bottom? Or will the proverbial wheels just fall off and everything come to a halt?

So stacking PM's in today's society is quite acceptable to me, because the uncertainty of tomorrow's society will make them necessary for your family's survival!

Besides.......What's it gonna hurt?

And coinwatch, I am also stocking up on durable goods, such as potable water and nonperishable food items as well as renewable energy sources and fuel.

And of course, I'm exercising my 2nd Amendment right in abundance!

Pillar of the Community
United States
3789 Posts
 Posted 04/24/2015  2:07 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
Shame shame shame shame.... equities are still in a long term uptrend and this week attempted to break out higher after multi-month consolidation and trying to move higher... I sure hope you dont have major losses down the road.

the PM is dead money at best and should it break down even more from here, you will be turning negative numbers for a while.

I hate to say this and I feel very bad but I feel your strategy and thinking, which is not very sound, is going to have some very painful and disastrous results that will come along with deep regret and disappointment in PMs....

hope it works out for you...
Valued Member
Gold4Ever's Avatar
United States
170 Posts
 Posted 04/25/2015  5:45 pm  Show Profile   Bookmark this reply Add Gold4Ever to your friends list Get a Link to this Reply
I plan to keep buying myself as the price in PM is just a beat down for some big banks like JP Morgan which is buying all the silver they can get there hands on and I think is the one of the reason for falling prices so JP Morgan can use the stronger dollar to buy more silver up. the US Mint say ASE are red hot and I would think supply and demand will come back into play soon.

Gold Drops on Week; US Mint Silver Sales Fly

http://www.coinnews.net/2015/04/25/...r-sales-fly/
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macmercury's Avatar
United States
5837 Posts
 Posted 04/26/2015  02:45 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
That's a very bold move you had made JDRMCB!
IF you don't have a mortgage or other major credit payments, and decided to go 75-90+% PM and other tangible assets, then its just a matter of waiting? How long?
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Gold4Ever's Avatar
United States
170 Posts
 Posted 04/26/2015  2:10 pm  Show Profile   Bookmark this reply Add Gold4Ever to your friends list Get a Link to this Reply
We have yet to understand everything silver has to offer us going forward as it's the key to solar power ..

A soft, white, lustrous transition metal, it possesses the highest electrical conductivity, thermal conductivity and reflectivity of any metal.

In 2014 researchers invented a mirror-like panel that, when mounted on a building, acts like an air conditioner.[30] The mirror is built from several layers of wafer-thin materials. The first layer is silver, the most reflective substance on Earth. On top of this are alternating layers of silicon dioxide and hafnium oxide. These layers improve the reflectivity, but also turn the mirror into a thermal radiator.
Edited by Gold4Ever
04/26/2015 2:14 pm
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