Silver stacking

[craig12 10]

just wondered if there were any silver stackers like myself on the forum ?

[andyofborg 11]

there are loads but they dont like to admit to it

[horribleblob 212]

I occasionally wear silver but don't own enough pieces to form a stack.

[Pyrotequila 401]

I've searched online, but I'm still none the wiser...what on earth is "Silver stacking" ?

[Mikes10 10]

10 minutes ago, Pyrotequila said:

I've searched online, but I'm still none the wiser...what on earth is "Silver stacking" ?

https://www.bleyerbullion.co.uk/what-is-silver-stacking

 

[craig12 10]

11 hours ago, Pyrotequila said:

I've searched online, but I'm still none the wiser...what on earth is "Silver stacking" ?

its just not following the herd , put simply .  

[RiffRaff 10]

Am I alone in thinking that this was going to be about supermarket shelf-filling pensioners?!

[Annie Bynnol 611]

Silver stacking is the inducement to buy silver at way above the market price from dealers and enjoy being part of a roller coaster investment  which has seen the market price of silver drop by 60% since 2011, compared to gold which dropped by nowhere near as much.

 

Speculators periodically flood the internet with "information" designed to drive up their sales. They are then quick to sell at the top of the market, unlike normal people who hold on, and hold on, hoping that they can recoup some of their "investment" by paying the same people to buy it off them.

 

It's just like gambling, apparently it can be fun. Personally I don't see any fun in giving somebody else money to bet on an unknown outcome- if it is so good why don't they use their own money? Why are they trying to help me out?

 

No investment is safe- a range of investments is safer.

[craig12 10]

you remember I said  not following the herd /its that bad an investment jp morgan is reported to have around 260million ounces in their storage 

Edited December 1, 2018 by craig12

[Cyclone 10]

"Not following the herd" could be used as a justification for investing in magic beans, or going out to town whilst not wearing any trousers...

[craig12 10]

33 minutes ago, Cyclone said:

"Not following the herd" could be used as a justification for investing in magic beans, or going out to town whilst not wearing any trousers...

ok we,ll use the phrase walking zombies then 

Edited December 1, 2018 by craig12

[Annie Bynnol 611]

5 minutes ago, Cyclone said:

"Not following the herd" could be used as a justification for investing in magic beans, or going out to town whilst not wearing any trousers...

Thinking on exactly the same lines myself.

How is  "Not following the herd" a good idea when the value of your investment has dropped by 60% in 10 years + 20%VAT.

Perhaps it would be wiser to "Follow the Hunt(brothers)".

 

Being seduced by a "doomsday" attitude, being convinced through minutes of "internet research" or even a "Hunt Brothers" wheeze, is not a good basis for investment or even prudent collecting.

 

The reason big speculators can still make money on currency and precious metal is that they can turn deals in seconds and settle accounts daily and taxes annually -we cannot.

 

Having a bit of fun is great but the heard migrated from silver years ago and are yet to return.

 

Psst, I've heard tulips could be...