RE: Why I don’t care about the silver price.

You are viewing a single comment's thread from:

Why I don’t care about the silver price.

in silver •  7 years ago 

I'm a stacker, not a collector. I have hundreds of Perth Roo coins in my stack, not because I like the design on the face or the collectability, it was because they had the cheapest premium on any 1oz piece of Perth Ag. When the economy falls over and the metals head for the stars I need smaller denominations to sell/trade for smaller items (like a new car). I can't make smaller purchases with my 100oz bars, hence the need for coins.
At the end of the day, silver is silver and when it's in high demand, nobody will give a shit if it's a Kookaburra, Roo, Rooster etc. They will want it for the Ag valve, not the collectable value.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Sounds like an awesome plan to me @onyamatey, the world will have a different view on silver in the not too distant future my friend. Cheers