To be honest I don't know much about stacking silver & gold in general, but seems like there's quite a lot of talk about it atm 🙏🏼
Do you have any resource or similar in particular for me to look at or delve deeper into to learn a bit more about it for diversifying?
Overall good post, will check out your other posts as well and see what goodies you have 🤟🏼
Otherwise, if you happen to be into travelling, vlogs, fitness, self-development etc feel free to check out my channel, in any case keep up the good work and I'll see you around!
If you don't have experience in trading, don't trade silver. It is the second most manipulated market after the VIX.
As for stackin for the longterm, I have 5% of my retirement strategy in silver and gold and I plan to increase it to 15% when gold drops hard to 900$ in the next few years. My primary count needs a second leg down to complete the correction.
To be honest right now is one of the worst times to be diversifiying, because anything you would buy (besides cryptos) could be much cheaper later this year.
I checked your blog and I am following you now. I am into fitness in my freetime as well. Talk soon.
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I agree! Silver is for HODL - long term accumulation. One issue that I ran into or was made aware of is the complexity in buying silver - there are scams and fake silver and gold. So, where to buy them is the first thing to do research on. I also learned how to tell if a silver or gold coin is fake or not - it is not so simple for silver - gold is more difficult to fake.
And then, there is the issue of physical gold / silver versus other forms of "silver" such as ETF or mining company stocks.
My research convinced me that physical silver is for long term HODL.
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Oh but Gold looks very strong these days, you really think it need another leg down? Seems like many ppl await a leg up in Gold this year
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My longterm pathway prediction is 1500 -->900-800 ->4000
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High value comment right there 🙏🏼
Thank you putting the time in to respond, solid advice indeed, BIG ups 🤟🏼
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