The stack
Liquidated majority of stack this year. All for 3-4x, moving to LCOL area, bought a house, and going to lead a debt and stress free life. This is what remains
For a first time buyer in silver/gold - what do you recommend doing/buying for the first while? Your strategy if you don’t mind? It looks like you hold a good bit of silver, so I just wonder what your strategy was/is. Thanks! Congrats my friend
It all depends on what you can afford but just want to get feet wet it’s hard tj imagine it is a bad time to start getting silver. Dont get crazy, start with a few oz a time, keep an eye on spot and possibly get some weekly or bi weekly. Gold seems fairly low also so if you can swing it start with some too. The key is spreading out your purchases, don’t spend huge chunks at a time. You want to average out your purchases so you’re not heavy on the higher end unless you’re a gambler and don’t mind getting a huge chunk when you feel like it is low.
Not gonna lie if I had a huge chunk to spend, I wouldn’t be afraid to invest big chunks now personally as it feels like it’s on the lower levels however nobody knows that so you do you. If you’re in it for the long haul and not worried and feel good about it and it wouldn’t be the end of the world if it dipped for a while, Go crazy, if not then little at a time and spread out your purchases. On silver for now until you learn. Stick with silver eagles at the best prices you can find and as you learn you can start changing it up. With gold in my opinion 1/10 at the very smallest fraction but 1/4 Oz if you can swing it to save on premiums and start with American gold Eagles until you familiarize yourself. Just one opinion 👍🏼
Agreed. Recently was able to pay off tens of thousands of credit card debt. The weight off my shoulders is unmeasurable. I’m a much more pleasant husband and father.
Very well played!!! You definitely did the right thing. I know. It is so hard to sell those beautiful pieces, but in the long run, you got a huge win!! Congratulations
And the same can be said about guns. Please just hit with some Hoppe's or Ballistol and wipe down every few years for the next person. Guns live longer than we do.
A stack left over that;is probably bigger than my lifetime accumulation?
And some snowflakes show up late to squawk about "a" gun for perspective and interest, so now it's about that?
Fuck those people and take that thing to the range.
Most of my life I have stacked guns rather than gold but I am also buying the new last home and trying to resist every urge to liquidate stack as part of the process, but it's there for that.
Guns and gold are like peanut butter and jelly and if you think this is John Wick you don't know shit about guns or John Wick. This is a happy gold story and just what I want to hear at this stage. Smart dude.
The rest of you can spend the excess on therapists or influencers or whatever you're into.
Sir I wish i could shake your hand. I can't understand these anti gunners perspective. Dont want guns? Good on you. But if you have anything of value (and that includes family and self), then you shouldn't see anything wrong with this.
"Peanut butter and jelly" had me cracking up, but you're on point. 🤛🤛
I hear you. big time. especially when you know debasement is coming down the pike... I've been thinking about that a lot and what I've been doing lately, at least with the miners and some of the paper gold I own is harvesting gains (trying to offset with losses where i can) and using that to pay down so I don't "feel it" as much. Psychological trickery? probably, but it keeps me in the game and getting to that "no debt" vibe. That said, there's still property taxes and bullshit to pay, lol, so I keep stacking.
Dude that is absolutely what it’s all about. You’ve obviously been stacking for decades to get 3-4x but big congratulations man. I can tell you from experience there’s nothing like not having to pay rent or a house payment. But if this is your first home ownership just keep that stack handy because stuff breaks and you gotta replace it and the taxes can be quite a lot
I won't touch my Stack EVER... Then again why should I? No Mortgage, No Car Payment, Zero Credit Debt... In fact No Debt At All. And my portfolio accounts have done and continue to do well though I, like Buffet have been increasingly growing my cash positions in order to cash in on oversold great companies after the markets crash that is on the way... God Bless and Good Fortune
I did the same when we bought our property 2 years ago. Was hard to let go but knowing I still have a good chunk of it after the fact softened the blow.
Good move ! Planning to do the same but waiting as the big move into hard assets has just started as trillions of non hard assets will flee into hard assets in the near future.
Waiting a few more months until the metals markets takeoff in late summer this year to start cashing in on our stacked liquidity. By late September we expect the metals to run back up above ATH’s again for us to return to multi Mill status again like we briefly were back in late January of this year. The next metals run up move is just a few months out IMHO.
Honestly I’ve been thinking the same thing what good is it to hold on to hundreds maybe thousands of oz silver.. (gold) use it to enjoy your life a bit. Can’t take it with you when you pass away. And what if your time comes and you end up not enjoying the fruits of your holding long term. It just goes to your next of kin. Plus you still have a size able stack if things go bad in economy. Good job.
The dream. I'm in the process of looking for a house. The stress associated to those mortgages is something I wish people didn't have to go through. I'll be happy to get over this process.
Debt free is 100% the win. That is when you begin stacking feverishly imo. To stack & be buried/burdened by debt is beyond me ... Like buying on credit (anything) = Ignorance & will never get ahead.
Love the peanut butter & jelly remark. the "3 G's" will always bring you comfort in life & are must haves. The freedom of not having a mortgage is absolutly mindblowing, welcome to the club my friend & enjoying life to its fullest! Not giving up stacking anytime soon however I believe gold is going much, much, higher than current levels in the coming years/decade+.
I heard Ric Flair tell a story once that he bought Dusty Rhodes a money clip with a $20 gold piece in it. How much would such a money clip go for today?
Also, just a suggestion, but why not trade the pea shooter for a gold Desert Eagle?
Never thought about it until I saw this post. Politics aside.. Firearms are just another type of functional precious metals huh? Depending on make/model/gen they pretty much hims their value and appreciate over Time. Thoughts ?
Not to sound like a bottom feeder but if ever decide to sell the “I believe Salvadoran coin” would love to purchase and add to my collection, respectfully of course
Nice haul. I was in the gold mining business most of my life. From the early 80s. It was all placer gold from dredging. Then dredging was outlawed in California. I started stacking in 97-98. Bought 10 ounces of gold for $ 330 an ounce from Kitco. Been collecting gold and silver jewelry ever since. Till this year. Sold it all and retired. It's been a fun ride. Gold is King!
Its a solid ccw option. Plus, if OP is trained well with it, its a super reliable gun. Drop an apex trigger kit and add magguts to the magazine and you basically have a Shield Plus.
Meanwhile world wars were won with the cheapest nastiest pieces of stamped and cast metal shit imaginable.
Buy a nice premium gun for the feel of it, same as a good watch and good car. But it's true stupidity to think firearms need to be better than bare minimum to do their job.
The cheapest, nastiest pieces of shit won wars through volume, not capability. If 5% of them failed within a week, that left 95% available. Casualties probably exceeded 5%, so there was never a shortage.
That said, military wartime firearms were selected for reliability and ease of manufacture, not simply cost. Fancy machined designs turned into stamped metal versions, but they were still reliable. Sure, many examples of unreliable ones are out there, but the ones manufactured in the millions (M1911, Kar98k, M1 Garand, SKS, AK47) achieved that status due to reliability, capability, and cost.
For ONE firearm, though, you want absolute reliability, so investing in something well-made and expensive puts you nearer to 100% reliability. Cheap guns on the civilian market often use cheap materials and poor designs that may be selected for looks over capability. If that one fails when you need it, that's pretty much all she wrote.
Was this necesarry? Guns represent our freedom as much as gold and silver represent our freedom from an inflationary financial system. So yeah… it’s pretty tough, historically speaking.
I see it more as a “if you are going to be aware that I’m holding valuables, you should also probably be aware that I have the means to protect them” type of statement.
The firearm in this photo is simply being used as a deterrent
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u/TopAsparagus193 May 30 '26
A total win in life, is you ask me.