All things STOCKS

#19,532
#19,532
So while not in any way a dedicated "stacker" I've got a bit of silver and it's been going nuts. 6mo ago we were looking at mid 30's per oz and as I type this it's just under 69. I'm hardly that fluent on the matter but there's no shortage of people saying the lid has come off and silver had been somewhat artificially suppressed for awhile now and it's only going to keep going from here.

So anybody with metal knowledge have a take on the matter? Even at what looks "high" now would buying more still be a good move now? (like gold was a little over 3400 in mid July but it's 1K up on that currently.
 
#19,533
#19,533
hndog609 said:
So while not in any way a dedicated "stacker" I've got a bit of silver and it's been going nuts. 6mo ago we were looking at mid 30's per oz and as I type this it's just under 69. I'm hardly that fluent on the matter but there's no shortage of people saying the lid has come off and silver had been somewhat artificially suppressed for awhile now and it's only going to keep going from here.

So anybody with metal knowledge have a take on the matter? Even at what looks "high" now would buying more still be a good move now? (like gold was a little over 3400 in mid July but it's 1K up on that currently.
Click to expand...
Afraid Warren B forever scarred me against holding any type of metal. Zilch here
 
#19,535
#19,535
hndog609 said:
So while not in any way a dedicated "stacker" I've got a bit of silver and it's been going nuts. 6mo ago we were looking at mid 30's per oz and as I type this it's just under 69. I'm hardly that fluent on the matter but there's no shortage of people saying the lid has come off and silver had been somewhat artificially suppressed for awhile now and it's only going to keep going from here.

So anybody with metal knowledge have a take on the matter? Even at what looks "high" now would buying more still be a good move now? (like gold was a little over 3400 in mid July but it's 1K up on that currently.
Click to expand...
If you've doubled your money, sell the metal.
 
#19,536
#19,536
hndog609 said:
So while not in any way a dedicated "stacker" I've got a bit of silver and it's been going nuts. 6mo ago we were looking at mid 30's per oz and as I type this it's just under 69. I'm hardly that fluent on the matter but there's no shortage of people saying the lid has come off and silver had been somewhat artificially suppressed for awhile now and it's only going to keep going from here.

So anybody with metal knowledge have a take on the matter? Even at what looks "high" now would buying more still be a good move now? (like gold was a little over 3400 in mid July but it's 1K up on that currently.
Click to expand...
I think I have around 160-200 ounces? I got it from a friend who had legal problems many years ago.
The price you are seeing is likely the price to buy locally. Sales rice will be lower
I keep meaning to sell, and I keep forgetting. My wife has to remember where I hid it in our bedroom/ BR closet.
I'll sell you as much of mine if you want. If you want to get a sell and buy price from dealers we should both come out better.
I can do the same.
I am in Nashville.
 
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#19,537
#19,537
Go aeiou said:
I think I have around 160-200 ounces? I got it from a friend who had legal problems many years ago.
The price you are seeing is likely the price to buy locally. Sales rice will be lower
I keep meaning to sell, and I keep forgetting. My wife has to remember where I hid it in our bedroom/ BR closet.
I'll sell you as much of mine if you want. If you want to get a sell and buy price from dealers we should both come out better.
I can do the same.
I am in Nashville.
Click to expand...
Let me look into things a little more. I basically inherited most of the silver I have so there's no real need to sell to "make" money since my buy in has been so low. What do you have? Eagles/bars/other/mix?

I hadn't really put much thought into what I had squirreled away until all this dust got kicked up. The silver supply plus industrial demands and the GSR it's just got me thinking if I've already got some for next to nothing maybe intentionally adding a bit at an opportune time seemed like an interesting idea.
 
#19,538
#19,538
hndog609 said:
Let me look into things a little more. I basically inherited most of the silver I have so there's no real need to sell to "make" money since my buy in has been so low. What do you have? Eagles/bars/other/mix?

I hadn't really put much thought into what I had squirreled away until all this dust got kicked up. The silver supply plus industrial demands and the GSR it's just got me thinking if I've already got some for next to nothing maybe intentionally adding a bit at an opportune time seemed like an interesting idea.
Click to expand...
.999 silver, 1 oz (round).
No problem.
Ha, I looked at selling a few months ago. Mainly so my wife doesn't get stuck with it if I pass. I do recall that one local company had a ad on the internet saying they paid the most. Who knows?
 
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#19,540
#19,540
hndog609 said:
So while not in any way a dedicated "stacker" I've got a bit of silver and it's been going nuts. 6mo ago we were looking at mid 30's per oz and as I type this it's just under 69. I'm hardly that fluent on the matter but there's no shortage of people saying the lid has come off and silver had been somewhat artificially suppressed for awhile now and it's only going to keep going from here.

So anybody with metal knowledge have a take on the matter? Even at what looks "high" now would buying more still be a good move now? (like gold was a little over 3400 in mid July but it's 1K up on that currently.
Click to expand...
The USD is hurting. Lost 11% already this year. Too much debt and treasuries seem attractive (prices down, yields up), but since the return will also be devalued unless it’s VERY short term debt, the type that higher yield money market funds purchase, it’s hard to be confident in that investment, imo. I’ve not been a big fan of PMs until earlier this year when I started buying paper and mining stocks. Been a pretty good bet so far. I have a stash of silver coins my grandparents handed down to me. Glad I kept them. Until the shift into alternate currencies (digital) takes place or the .gov gets smart and reduces the debt significantly (they won’t), PMs are in play and going up, imo.
 
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#19,545
#19,545
Is there a broker app/platform that one feels is better than others? Currently my investing consists of 401k controlled by employer and I also have a pension. But I am looking to branch out into other investments.
 
#19,546
#19,546
UTFanForLife said:
Is there a broker app/platform that one feels is better than others? Currently my investing consists of 401k controlled by employer and I also have a pension. But I am looking to branch out into other investments.
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Schwab, Fidelity, Vanguard.
I think none of these have fees.
Used all of them. Currently using VG for several accounts.

I also tried Robinhood, but decided it was too Mickey Mouse. If you are new to investing you might like it.
 
#19,548
#19,548
Go aeiou said:
Schwab, Fidelity, Vanguard.
I think none of these have fees.
Used all of them. Currently using VG for several accounts.

I also tried Robinhood, but decided it was too Mickey Mouse. If you are new to investing you might like it.
Click to expand...
Fidelity, Vanguard and a little wife's Schwab for us.

All are fine if you are wanting to casually mo-mo trade common stocks going bullish direction. Very limited experience with shorts, options, etc.

Not positive, but thinking none of those are particularly great if you're looking to "day-trade". Unsure of the word for that strategy these days. Jumping in and out of a stock as it cycles for a dime throughout the day.
 
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#19,549
#19,549
UTFanForLife said:
Is there a broker app/platform that one feels is better than others? Currently my investing consists of 401k controlled by employer and I also have a pension. But I am looking to branch out into other investments.
Click to expand...

Fidelity works for me. Automatically routing excess cash to SPAXX helps generate additional returns...
 
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#19,550
#19,550
When using a mobile device, Fidelity over Schwab for sweeping uninvested cash to much higher interest rate options. Schwab over Fidelity if using options.

Schwab probably has the most features.

Interactive Brokers for the best interest rates.

E-trade is clunky.

If using a desk top computer some of the preferences could vary. I’m almost 100% on mobile.
 
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