01-18-2016, 08:18 PM | #1 |
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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? |
01-18-2016, 08:36 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, 08:39 PM | #3 |
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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, 09:40 PM | #4 |
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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, 09:42 PM | #5 | |
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Plus, you can't beat the feeling of treasure bath |
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01-18-2016, 09:49 PM | #6 | |
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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, 10:13 PM | #7 | |
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01-18-2016, 10:40 PM | #8 |
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01-18-2016, 10:54 PM | #9 | |
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There is a cool factor to holding the stuff as well. |
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01-18-2016, 11:02 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, 01:47 AM | #11 | |
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Everything else is speculation |
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01-19-2016, 11:37 AM | #13 |
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01-19-2016, 12:10 PM | #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, 07:41 PM | #15 |
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