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Physical Gold and Silver Retirement Plan

Discussion in 'Gold Silver (All things Metal)' started by FthePolice, Dec 24, 2017.



  1. FthePolice

    FthePolice Seeker

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    I was messing around on an excel spreadsheet on what a sound physical gold and silver retirement plan would look like. I have other plans in play already but thought it would be fun to look at this. So say 20 years of setting aside money toward silver and gold in physical form. After twenty years you start taking out and cashing in silver and gold on a monthly basis. What would you do if you were coming up with a plan like this? You can talk in ratios if you don't want to get specific on amounts.
     
  2. savvydon

    savvydon Gold Member Gold Chaser

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    I don't know that this technique would work for a 'retirement plan' in the traditional sense. My opinion is that you put the metals away as you can. When the price gets low/supressed you 'back up the truck'. When the price moves up you decide if you need/want to sell or not. When the price really skyrockets, as in 1980 and 2011 you cash out to whatever extent you feel like.

    The point is, although metals are an excellent store of value, they do fluctuate vs fiat with time. For that matter they fluctuate against each other, and one can trade the ratio to build their stack over time.

    I think the best way to accumulate PM is to never feel like you need to sell. Either pass them on to family or cash out when they moon shot. Accumulate with money that is not earmarked for something else or does not create/prolong debt.

    Different strokes for different folks...2c
     
  3. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    A lot would depend on when the next major upturn in metals will be for your metals "retirement plan" to work out if cashing for a profit. The last one was in 2011 when silver peaked at $49. It could be a long while (if at all) that silver (and gold) could go up like it did in 2011. JMHO.
     
  4. OverOver

    OverOver Silver Member Silver Miner Site Supporter

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    If what Ted Butler recently wrote about is true, especially if the agreement is renewed between JPM and the
    U.S. government, then any plan involving silver or gold is nothing more than wishful thinking and
    hoping for the best.

    http://silverseek.com/commentary/ten-year-deal-17017
     
    Last edited: Dec 25, 2017
  5. savvydon

    savvydon Gold Member Gold Chaser

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    What I get from that article is that silver is about to be released from government sanctioned suppression, increasing the odds of a ‘moonshot’.
     
  6. Argentsum

    Argentsum Gold Member Gold Chaser

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    My retirement Gold & Silver plan is quite simple. Put 5 to 10 percent of savings into Gold and Silver and pray it doesn't work out.
     
    Son of Gloin and solarion like this.

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