Anyone on here buying or holding precious metals? I'm trying to learn.
Post by twetch#6122
Ima SLV wojack, feel free to hmu if you have any questions man, i might be able to help
What the chain says
- Block
- 630 908
- Time
- 2020-04-16T22:10:27Z
- Signer
- 1CnMfsXSPs2vfCUEkg8g2uXmGSoZsuPLK4
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#6122
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
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1CnMfsXSPs2vfCUEkg8g2uXmGSoZsuPLK4 VerifiedReplies (19)
Hey @127,
Do you think now is a good time to buy some silver, or should I wait for a bit. USD deflation may be coming. I think that may lower demand for PM in short term. Also, I’m considering the high spread between spot and actual price. So high!
You know, i think premiums should drop a bit if this corona bull mess subsides, so waiting might not be a bad ideer. I have been bag holding for a while & as a bag holder, make sure that your opportunity cost is aligned within your means. Good Q's m8!
overall tho I feel any time is a good time to buy SLV or GLD, and i am going to be 100 with you in that i suppose i am slightly biased. My gut feelings on SLV are that within 10 years it should make a big move to the upside.
Thanks man!
Why did you first get involved with PM?
How long have you been involved with PM?
Where do you see Gold and Silver going over the next couple years?
I got into PM's as a hedge against inflation & bc its tangible. There is heavy manipulation via derivative markets, but I think those days are nearing an end. Visit local coin dealers/auctions, boomers keel over w massive stashes more often than youd think
Being your own central bank in a fiat inflationary world is never a poor decision. Just have a plan, & explore different options. I did all my buying in 16/17 & i will probably look to buy more this summer. Keep your eye on the charts and miner revenues.
Yes, that’s true and in-part why I bought into BitCoin.
I’ve learned from various sources that silver may be undervalued at least relative to gold historically. Sound right?
I’m thinking summer or fall ill buy some silver. Not too much, maybe 2-3k usd.
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