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      01-18-2016, 07:18 PM   #1
UglyBuzzard
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Precious Metals ( discussion )

Didn't see a PM threat here and figured there were some stackers here.

Thoughts about timing of kicking it back into stacking gear? Gold, Silver, Platinum?
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      01-18-2016, 07:36 PM   #2
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Never heard the term stacking or stackers. Googled it and got bunch of references to "stacking" different drugs for a better high! :jellyroll

Are you asking about buying/owning gold/silver platinum? If so, I hold all three though mostly gold and silver.
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      01-18-2016, 07:39 PM   #3
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Quote:
Originally Posted by kscarrol View Post
Never heard the term stacking or stackers. Googled it and got bunch of references to "stacking" different drugs for a better high! :jellyroll

Are you asking about buying/owning gold/silver platinum? If so, I hold all three though mostly gold and silver.
Stacking is a term used for folks that buy and hold their PM's. I like G&S and thinking about Platinum at these ratios. I believe it is a good hedge to hold physical for sure.
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      01-18-2016, 08:40 PM   #4
nnnnnnnnnnnnnnnnnnnnnn
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Commodities are used as inflation hedges. We have almost zero inflation. The deflationary pressure will continue to hammer commodity prices. Look elsewhere if you want to invest your money.
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      01-18-2016, 08:42 PM   #5
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Originally Posted by nnnnnnnnnnnnnnnnnnnnnn View Post
Commodities are used as inflation hedges. We have almost zero inflation. The deflationary pressure will continue to hammer commodity prices. Look elsewhere if you want to invest your money.
Don't consider it an investment though. Just a bit of insurance against the effects of the crazy world and financial games we live in.

Plus, you can't beat the feeling of treasure bath
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      01-18-2016, 08:49 PM   #6
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Originally Posted by UglyBuzzard View Post
Don't consider it an investment though. Just a bit of insurance against the effects of the crazy world and financial games we live in.

Plus, you can't beat the feeling of treasure bath
But it isn't insurance, nor are there financial games. The market is down, you feel out of control.

Metals are no longer used as a storage of wealth or safe haven asset. Otherwise you'd have seen a very large spike in the past two weeks. Treasury bills/notes have taken the place.

China was a huge consumer of commodities during their industrial expansion. The shift towards a more consumer driven economy, seen in the slowing of their industrial production and other economic indicators, means the demand of commodities will slow as well. Couple that with a lack of inflation and strengthening dollar and you get falling commodity prices.

Just don't do it.
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      01-18-2016, 09:13 PM   #7
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Quote:
Originally Posted by nnnnnnnnnnnnnnnnnnnnnn View Post
But it isn't insurance, nor are there financial games. The market is down, you feel out of control.

Metals are no longer used as a storage of wealth or safe haven asset. Otherwise you'd have seen a very large spike in the past two weeks. Treasury bills/notes have taken the place.

China was a huge consumer of commodities during their industrial expansion. The shift towards a more consumer driven economy, seen in the slowing of their industrial production and other economic indicators, means the demand of commodities will slow as well. Couple that with a lack of inflation and strengthening dollar and you get falling commodity prices.

Just don't do it.
Do you trust the Fed Reserve?
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      01-18-2016, 09:40 PM   #8
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Do you trust the Fed Reserve?
I don't trust 99.9% of people. Which is why the Fed's actions will cause an even further rout in commodity prices.
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      01-18-2016, 09:54 PM   #9
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Quote:
Originally Posted by nnnnnnnnnnnnnnnnnnnnnn View Post
I don't trust 99.9% of people. Which is why the Fed's actions will cause an even further rout in commodity prices.
You are probably right. I am in this for the long term though and use discretionary funds. Worst case, kids get a bit of shiny.

There is a cool factor to holding the stuff as well.
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      01-18-2016, 10:02 PM   #10
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rates rising and dollar rising.
Maybe you can do for quick "trade" but not too optimistic on long term PM. Copper looks worse due to CHina.
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      01-19-2016, 12:47 AM   #11
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Quote:
Originally Posted by UglyBuzzard View Post
Don't consider it an investment though. Just a bit of insurance against the effects of the crazy world and financial games we live in.

Plus, you can't beat the feeling of treasure bath
If anything then a glock would be the best insurance
Everything else is speculation
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      01-19-2016, 10:09 AM   #12
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Quote:
Originally Posted by vsix View Post
If anything then a glock would be the best insurance
Everything else is speculation
Yep, the lead part is covered.
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      01-19-2016, 10:37 AM   #13
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Quote:
Originally Posted by UglyBuzzard
Quote:
Originally Posted by vsix View Post
If anything then a glock would be the best insurance
Everything else is speculation
Yep, the lead part is covered.
Gold,platinum bullets anyone?
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      01-19-2016, 11:10 AM   #14
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I like it more due to a distrust of fiat currency than I do as a money maker. That, and I aspire to own a large vault full of gold bars.
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      01-19-2016, 06:41 PM   #15
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Quote:
Originally Posted by Needbmwpartzz View Post
Gold,platinum bullets anyone?
yes
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      01-20-2016, 10:45 AM   #16
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Markets down and metals up again. How low will the Fed let the markets go before another round of relief?

Oil dropping and dollar too strong.
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