cravethatcoin

People have been saying the same for the last 30 years, it's never been true. If you believe it's better to go all in on metals that's a huge mistake.
I am not a property investor, I count my house equity as part of my net worth which is where I got the 60%. I tend to agree that those who have BTL with high leverage are going to be in for a huge shock. However in my case the house I purchased has been the best financial decision I've made. I have a £500/month mortgage, the price to rent the same house next door is now £1250/month, it was around £850/month pre covid. While a house is not technically a asset I count is as one in my case as I have a much cheaper living cost and I'm building up equity. I don't make a return like an asset but I make a substantial saving vs renting the same house.
Yes I believe the majority of business will proper as they always have. Those that fail will be replaced by new businesses, some of the best businesses were created during recessions.
The question is if you believe it's going to be a disaster for businesses then surely silver is going to see a huge decrease in demand? Not to mention both metals prices are manipulated anyway. Now I've reached my insurance goal of metals I'd rather hold the rest of my wealth in stocks (indexes) and work to pay off my mortgage.

Indeed it was! I am not complaining though. 50% tax free return in 6 years based on spot alone. Adding premium much higher. Also sitting on silver Birtannians I purchased at £16 each.

I also use a spreadsheet. Nice and simple, see attached for a example of my spreadsheet (needless to say good times in 2016).
It's nice to look back on old purchases and see how they have performed.
 

Indeed it was! I am not complaining though. 50% tax free return in 6 years based on spot alone. Adding premium much higher. Also sitting on silver Birtannians I purchased at £16 each.

Indeed it was! I am not complaining though. 50% tax free return in 6 years based on spot alone. Adding premium much higher. Also sitting on silver Birtannians I purchased at £16 each.

I also use a spreadsheet. Nice and simple, see attached for a example of my spreadsheet (needless to say good times in 2016).
It's nice to look back on old purchases and see how they have performed.
 

I've been stacking since 2011 and have never experienced a time when I couldn't buy silver/gold. During the start of Covid there was certainly supply chain issues. A lot more demand and lower supply but other than that it's been consistent. Not sure if this is the case with other dealers/countries though.
 

I've been stacking since 2011 and have never experienced a time when I couldn't buy silver/gold. During the start of Covid there was certainly supply chain issues. A lot more demand and lower supply but other than that it's been consistent. Not sure if this is the case with other dealers/countries though.
 

The issue with comparing it to the debt is that we aren't on a gold standard so it's not relevant.
The price of gold is worth what someone will pay for it. Right now I think $2000 is about what someone would pay for it. No one will spend $10,000 or even $5000 for 1oz of gold.

The issue with comparing it to the debt is that we aren't on a gold standard so it's not relevant.
The price of gold is worth what someone will pay for it. Right now I think $2000 is about what someone would pay for it. No one will spend $10,000 or even $5000 for 1oz of gold.

Congratulations!
This prize draw is quite a cool part of the forum.

Congratulations!
This prize draw is quite a cool part of the forum.

Full stack although a little dated.  Recently added $120 face value in .50 Franklin's and Kennedy's : )
When I started in this forum a year ago (just now returning after hiatus), I had 1000 ozs stacked (hence the user name).  Guess I have to change my name now 1400+ ozs lol.
V/r, 1000 ozs