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my PM position is 100% silver

97guns

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#1
just wondering what your thoughts are on going long 100% silver. right now i have 8% of my net worth in AG, just looking for some opinions to ponder.
 

latemetal

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#2
Hope you have big "Guns"

I am a silver freak, but I hold some gold simply because after a while, the silver gets too heavy.:Lifting:
 

glockngold

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#3
Re: Hope you have big "Guns"

There was an episode on the TV show Lie to Me, where the main character gives several thousand dollars to a friend to bet for him on 00 on the roulette wheel.

Your bet is kind of like his bet.

A 100% bet on anything is a 95% bet against yourself.

Also relevant would be how much are we talking about? One tube, or 1000 tubes?
 

97guns

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#4
Re: Hope you have big "Guns"

how much am i betting against myself im only betting 8%
 

techguy2

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#5
If the $600 reporting law stays, silver may get MUCH more attractive for the bugs.

Otherwise, it is just too heavy to go all into. One roll of AGE's is the same value as more silver than a man can carry...
 

Silver Sabre

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#6
Are we talking physical? I like silver myself but I don't like the idea of going 100% in anything. It also matters how much money your talking about. If it is only a couple grand then 100% in silver is okay.
 

andial

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#7
Even though I think metals is the place to be I still hedge myself some. I find 1/3 Gold, 1/3 Silver and 1/3 cash a comfortable ratio for me.
 

techguy2

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#8
Even though I think metals is the place to be I still hedge myself some. I find 1/3 Gold, 1/3 Silver and 1/3 cash a comfortable ratio for me.

Very reasonable. Those that eschew cash at all costs will be in for a rude awakening I do believe if the TSHTF. Several generations know nothing other than paper=money. It will take more than a day or two for them to learn otherwise.
 

Weatherman

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#9
So long as it can be safely stored and there are no mobility concerns with the weight, I vote for buying all silver. I see silver as being seriously undervalued now, probably because of severe manipulation. At some point, I expect silver to forge ahead in price to make up for its current under-performance. Even if I am wrong about there being more severe manipulation directed against silver than the other PMs, I cannot imagine that gold will double by gaining another $1,200 to $2,400 before silver gains another $18 to $36. Although silver trudged through more manipulation mud than gold so it has been slower to now, it seems to me that silver will be the fastest horse on the next section of track.
 

RoadKing

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#10
I have about 10% of my net worth in PM's. That PM split for me is about 20% Gold and 80% Silver.

I am seriously thinking about maybe picking up some Platinum / Paladium in the near future, but that'll depend on another possible good pull back. Although I believe the day of the good ole pull back is becoming a limited commodity.....
JMHO
RK
 

RoyalBeluga

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#11
I just don't like the look of Platinum or Palladium. Gold and Silver give you a warm fuzzy feeling inside when you look at it, even Copper is a delight to look at (untarnished of course). What is it about these two metals that people like?
 

techguy2

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#12
I just don't like the look of Platinum or Palladium. Gold and Silver give you a warm fuzzy feeling inside when you look at it, even Copper is a delight to look at (untarnished of course). What is it about these two metals that people like?
They do nothing for me either. Something instinctual about the feel of gold and silver....
 

Irons

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#13
I just don't like the look of Platinum or Palladium. Gold and Silver give you a warm fuzzy feeling inside when you look at it, even Copper is a delight to look at (untarnished of course). What is it about these two metals that people like?
You got me RB, plat and plad just look like metal but everybody knows what gold and silver look like.
 

StateofJefferson

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#14
From Stewart Thomson today in his Graceland Report

6. Confiscation IS a risk, but owning zero gold is not the way to manage that risk. Own silver yes, but remember that hyperinflations of global powers tend to end with the reinstatement of gold as money, while ALL ELSE CRASHES. Sell silver for gold as silver skyrockets, not silver for paper money.
 

97guns

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#15
the 8% of my net worth comes out to just under 25K
 

techguy2

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#16
the 8% of my net worth comes out to just under XXXXK
I REALLY would advise against posting that kind of info.

Not a good idea. You have EVERYTHING to loose from posting that info, and NOTHING to gain.
 

new money

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#17
I would invest in a safe ( real safe). Craigs list is a good source for used safes. Do not tell anyone what you have. Do not tell anyone what you have. The same amount of gold would fit under floor boards, rug, behind a register or joist pocket. A money belt then can transport that amount of gold anywhere.

Rising tides rise all boats. So silver may go up ( and down ) more than gold but gold is the mark.

I too need to devesify a bit. Two boats are better than one.
 

charlie1023

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#18
As much as I am a silver bug and heartily collect it in all shapes and sizes, I do pickup some gold on occasion in order to diversify a bit. I firmly believe that silver has the higher percentage gain to come however if TSHTF, you know that gold will be the modicum of trade and barter at least on the onset. I currently split my metals at about a ten to one silver to gold ratio and don't have any platinum. I keep some FRN's and real estate to compliment and I think I'll be ok. Oh yes...I do keep collect some lead as well.......:cool1:
 

Weatherman

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#19

Ragnarok

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#20
I just don't like the look of Platinum or Palladium. Gold and Silver give you a warm fuzzy feeling inside when you look at it, even Copper is a delight to look at (untarnished of course). What is it about these two metals that people like?
Gold, silver (and copper) have color and "warmth", which are appealing. Other PMs (and most non-PMs) do not.

As far as the OP, I don't agree that going "all in" in anything is a good idea, but the fact that gold is getting valuable enough by the numbers that the sale of one coin could generate a 1099 is a strong incentive to have lots of "less precious" metals for potential sale/trade in the future.

2c, R.
 

97guns

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#21
i dont consider it all in even though im 100% silver within my PM portfolio. its a small percentage of my entire holdings. i do consider my self diversified within the overall picture, diversified i am not if you purely look at my PM holdings. i know i am more diversified now holding silver than if i wasn't hoarding any AG.
 

RoadKing

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#22
I just don't like the look of Platinum or Palladium. Gold and Silver give you a warm fuzzy feeling inside when you look at it, even Copper is a delight to look at (untarnished of course). What is it about these two metals that people like?
Not sure I care to much, or even at all, what these things look like.

I personally am not buying PM's to look at them, but can also appreciate your view.....

RK
 

AgShaman

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#23
Re: Your PM position is 8%....and 42% underexposed

I disagree with alot of the posters on this one. The status quo kool-aid is quite strong. What kind of commish does your TD account or your stock broker get when you purchase physical precious metals? They are robots...no zombie bots programmed to tell you stocks are the best performers over the long haul....how about the last decade? Compare the stock market to the gains gold and silver have seen in the last decade. If you wanna purchase a golf club membership and a villa in Central America for your broker then by all means down the shooter of kool-ade and only expose 10-15% of your assets into precious metals. They say bull markets last 20 years....perhaps you should take a more nimble and pragmatic approach. These people are in the business of bending over and providing one more weak aching back for support to a rigged casino game that has run out of super glue to hold it's house of cards together.

My suggestion to you would be to involve 50% of your net worth into precious metals....then sit back and watch the show...get prepared of course, but until the landscape of their greed and corruption in the markets changes....do you really feel like politicians and beauracrats will have your back like gold and silver?...um, yeah...risk....snap out of it....you know how to lessen your risk.

You can play it cool like Clint....and know where your fortune lies....

Or you can be like the govt. employed economists, politico's, and academics that are feverishly running through a graveyard like Tuco...without a clue

http://www.youtube.com/watch?v=2PwpOmjAu1M&feature=related

Curiosity will not kill this Cat!
 
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AGRO

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#24
HI ALL!!!! It's been years! But I am back to my favorite forum!!!
Just got my first ever Silver Brits! Love em, not too happy about the milky white I see in the reeds, but, I have heard of this on CAD Maple Leafs!
wow Much to share, I wonder who is still here and who is gone! It's me AGRO --- AG- AGROW
In any case HELLO and HAPPY NEW YEAR!!!!

BTW, Yes to be thread related I have no gold holdings. ATM - I am currently obsessed again with my first love Silver, and Found a coin shop that has rounds, bars, all generic and I robbed him although he thought he was robbing me of a 1988 SAE in good enough condition to command 30. but paid 20.
 

platinumdude

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#25
All in silver? I would hate having to move around 2 tons of silver. Not to mention trying to sell a big chunk if you had to.
 

Ebie

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#26
just wondering what your thoughts are on going long 100% silver. right now i have 8% of my net worth in AG, just looking for some opinions to ponder.
If you have paper Ag, you may not have Ag...
 

Ebie

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#27
What is the other 92%?
Stocks?
10% or less in PMs is the standard advice by the experts...if you believe them
 

Thecrensh

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#28
The problem with Gold is that many people can't afford 1 oz....many people are doing good to purchase a few ounces of silver ever few months. That's why (contrary to what many on this board feel) silver is good for some.
 

Irons

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#29
HI ALL!!!! It's been years! But I am back to my favorite forum!!!
Just got my first ever Silver Brits! Love em, not too happy about the milky white I see in the reeds, but, I have heard of this on CAD Maple Leafs!
wow Much to share, I wonder who is still here and who is gone! It's me AGRO --- AG- AGROW
In any case HELLO and HAPPY NEW YEAR!!!!

BTW, Yes to be thread related I have no gold holdings. ATM - I am currently obsessed again with my first love Silver, and Found a coin shop that has rounds, bars, all generic and I robbed him although he thought he was robbing me of a 1988 SAE in good enough condition to command 30. but paid 20.
Welcome back stranger!
 

the_shootist

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#30
Guys, let's try and keep our holdings to ourselves lest we expose information that simply should be kept quiet.

(I'm envious of those who have PMs as I still have nightmares about the tragic boating accident in which all my metals went to the bottom....so sad)

 
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the_shootist

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#31
The problem with Gold is that many people can't afford 1 oz....many people are doing good to purchase a few ounces of silver ever few months. That's why (contrary to what many on this board feel) silver is good for some.
A friend used to say he always looked at silver as his checking account and gold as his savings account. I thought that was a great anology
 

Zed

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#33
just wondering what your thoughts are on going long 100% silver. right now i have 8% of my net worth in AG, just looking for some opinions to ponder.
They are coming for gold, sooner or later, silver is industrial... it will take a bit more time for them to go after it if at all. It's Australian law that they can take your gold if needed... not so for silver. I like silver.
 

Zed

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#34
HI ALL!!!! It's been years! But I am back to my favorite forum!!!
Just got my first ever Silver Brits! Love em, not too happy about the milky white I see in the reeds, but, I have heard of this on CAD Maple Leafs!
wow Much to share, I wonder who is still here and who is gone! It's me AGRO --- AG- AGROW
In any case HELLO and HAPPY NEW YEAR!!!!

BTW, Yes to be thread related I have no gold holdings. ATM - I am currently obsessed again with my first love Silver, and Found a coin shop that has rounds, bars, all generic and I robbed him although he thought he was robbing me of a 1988 SAE in good enough condition to command 30. but paid 20.
Howdy AGro... :D Long time, thought :spaceship: or maybe silver finally :tied up: you know... :shit happens: :stfu:.



:dduck:



Duck has gone so someone has to :totally steamed:
 

goldielox1

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#36
Wait. Isn't the title of this forum "gold is money"? So him saying he's 8% in metals is like saying he has 8% of his net worth in money. Gold isn't an investment. The dollar is the investment....and the risky one at that. Gold hasn't done anything in the last 100 years, but the dollar has lost 96% of it's value.
 

ttazzman

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#37
All in silver? I would hate having to move around 2 tons of silver. Not to mention trying to sell a big chunk if you had to.
pallets and loaders....works just fine for moving..........selling is a choice in freight or local
 

REO 54

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#38
The problem with Gold is that many people can't afford 1 oz....many people are doing good to purchase a few ounces of silver ever few months. That's why (contrary to what many on this board feel) silver is good for some.
I do.

I bought silver to gain a position in gold (2011). Got lucky then. Got the bug too.