How much silver/gold should I have stacked.

...and that is the problem, they are going to destroy the US$ and we'll be lucky if were don't end up like Venezuela, Argentina, Zimbabwe, or the German Weimar Republic. We could end up like the folks in Russia after the fall of the USSR, where their old-age pensions would barely buy a carton of cheap Russian cigarettes.. All of the grand promises of the Soviet Union were forgotten and the people forsaken in the harsh light of financial reality. So be aware that promises can be broken and that you are considered expendable...SSI, SSDI, medicare, medicaid, VA benefits, clean air, safe drinking water, sewage treatment, reliable utilities, relatively cheap food and fuel, etc. could all be on the chopping block.

 

Well no silver rally has lasted more than a year. This one is already about 9 months old and has given plenty of real clear indications it's leveled off.
In a year we should be able to have ounces delivered for around $20 an ounce or less if we are lucky.

 

I'm quite happy with buying some every year.

 

I don't buy when it's at near decade high prices for what I thought were obvious reasons.

 

Better to buy a little here and a little there, rather than wait and hope that you can make a killin' at just the right time. I'm prepared NOW, and I'll be even more prepared next year and the year after! When the SHTF I'll be content to brag about how smart I was to have been a prepper...and that will be enough!

 

Silver fell another dollar an ounce.
If this keeps up next spring I'll be in or near my buy price range.
I'm going to buy cheap and sell ridiculously high and make a killing.
I still have hundreds of ounces. Of the market price would have hit $30 an ounce I would have released more, if the price stated exploding past $50 an ounce I would list everything.

 

Gold and silver are money -- because people will accept them as payment for goods and services.

They are (unfortunately) easy to counterfeit, so you usually have to prove the purity and/or the provenance of your gold and silver money.

The form doesn't really matter all that much, whether it's dust, nuggets, ingots, coins, or tokens. Weight and purity are what determine the relative worth of your gold and silver money.

Once that issue is settled, it's only a matter of haggling for the best price, whether you're buying or selling.

Which people do with fiat money all the time.

Not every form of fiat money is acceptable to everyone. On some days you might not be able to buy US Dollars with Japanese Yen, or the Sudanese Pound with the Polish Zloty -- but the day will never come when you can't buy any currency on the face of the earth with gold or silver

Having the local currency usually makes it easier to buy and sell without attracting a lot of attention. But, even so, you can always skip the local currency if you wish and do your buy/sell with the Really Good Stuff: Gold and Silver.

There is an old saying about gold: "Those who do not crave it lust for it."

So the question here is really "How much money should you stock?"

And the answer, obviously, is "All you can!"

 

From what I can tell almost no one is going to care about silver until after paper is worthless.

 

Silver is down to about a 1 year low.
Now you can get silver for well under $30 an ounce, as opposed to paying about $40 an ounce not that long ago.
Aren't you glad you didn't buy?
And people who did probably feel pretty stupid.

 

Oh wait when adjusted for inflation, definitely at a year low.

 

Question answered on the vote
S

 

Silver down again. It's closing in fast on my buy in range, a lot faster than I thought it would.
Depending on how it gets there my first buy trigger is in the $22 range. That means I'll be looking at probably $25 an ounce with fees, tax, shipping, insurance and I really don't like the thought of buying a lot of silver at $25 an ounce.
I'll put the money I made selling fractionals into the first silver buy, those fractionals went for $50 to $60 an ounce.
Man people are stupid. Panicking people are more stupider.

 

Getting close to my buy point again too.

 

Last time I valued my silver was in 2021 at about $25 an ounce. It’s $19 now. Hoping there was a 2 for 1 split i failed to hear about. So much for being an inflation hedge. Comment?

 

You are just counting your money early. The economy hasn't collapsed yet.
If the dollar goes tits up you'll be just fine.

 

You are exactly right. My Dad has asked me several times what the price of gold and silver is at and I told him I don't look at it and it was not bought for an investment.

 

I just try to buy at 1 to 2 year lows at the minimum.
If there's a 5 to 10 year low, buy more.

 

19.00 spot price doesn't mean you are going to find it for that.
Looking around most dealers want 3-7 dollars over spot to obtain the physical generic.
and you are going to be paying a lot more for coins and small orders.