Gold and Silver Stackers

[ZestolPastilevsky]

Anyone else here enjoy stacking gold and silver?

 

[JGalt]

Anyone else here enjoy stacking gold and silver?

Too rich for me. All I can afford to stack are little pieces of brass with lead stuck in one end of them.

Maybe I'll trade you some of them some day for a couple of those shiny pieces of metal you have there.

 

[Moonglow]

Anyone else here enjoy stacking gold and silver?

I do but not certificates I hold the real deal.

 

[ZestolPastilevsky]

I do but not certificates I hold the real deal.

Yeah, the certificates are a terrible idea. If someone's got enough sense to buy gold and silver, I can't imagine why they'd lack the sense to realize that the certificates are backed by nonsense.

 

[ZestolPastilevsky]

Too rich for me. All I can afford to stack are little pieces of brass with lead stuck in one end of them.

Maybe I'll trade you some of them some day for a couple of those shiny pieces of metal you have there.

It's important to diversify. And, you know, silver still isn't THAT expensive. Granted, it's spiked significantly this year. I think it's now upwards of $35 an ounce.

Edit: now $32-33 an ounce. Started the year at like 22.

 

[Lisa558]

What do you mean by “stack”? I own actual gold and silver bars, stored in a depository.

 

[1srelluc]

LOL.....I bought a little 20s era .32 Colt Police Positive snubby a few years back that had a set of solid silver grips on it. Each side weighed a bit better than an ounce.

Scrap price was about $36.00 at the time but I sold them for $120.00 on eBay for what they were for.

I took that money and bought a nice set of proper Colt gutta-percha grips for it and ended-up the scrap price left over.

Other than class/wedding rings and such the only gold I have are a few coins I've found relic hunting and some that I inherited.

I find pursuing precious metals to be more of a sucker's bet. I don't know how many old fart metal mongers I knew who have died sitting on "stacks".

I guess their thieving relatives liked the stash when they found them.

 

[DGS49]

Coincidentally, my wife and I just visited our safe deposit box for the first time since 2012. Among other things, mainly documents, we had a couple gold coins, a couple real silver dollars, and a couple dozen silver half-dollars. I generously estimate that all of them together are not worth a thousand bucks.

The Ferrari can wait, for now.

 

[ZestolPastilevsky]

What do you mean by “stack”? I own actual gold and silver bars, stored in a depository.

Stacking. Collecting physical gold and silver.

 

[justoffal]

Too rich for me. All I can afford to stack are little pieces of brass with lead stuck in one end of them.

Maybe I'll trade you some of them some day for a couple of those shiny pieces of metal you have there.

Funny you mention that. I know people who invest in Ammo as a hedge. It's an interesting angle.

 

[JGalt]

Funny you mention that. I know people who invest in Ammo as a hedge. It's an interesting angle.

Tell me about it. An Amish guy up the highway from me opened a small ammunition store, I shit you not.

 

[ZestolPastilevsky]

Funny you mention that. I know people who invest in Ammo as a hedge. It's an interesting angle.

As do I. On the topic of prepping, plenty of people also stock up on medicines, lighters, etc. Little trinkets that we take for granted now.

 

[justoffal]

Tell me about it. An Amish guy up the highway from me opened a small ammunition store, I shit you not.

Amish are usually on the ball with money.

 

[luiza]

 

[luiza]

Few hundred of them plus Sovereigns going tomorrow at Auction .
I shall be there rather than on-line to do big business .

25% below market value based on previous, over the last few years ----unless a Warren type figure has sent someone to wreck the party .

 

[luiza]

Another beauty . British this time.