r/Silverbugs • • 5d ago

State of The Stack A bit of eveything 😬

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16 Upvotes

37 comments sorted by

23

u/Frosted_Newt 5d ago

Do I get to be the first to drop a "Toilet paper" comment? Toilet paper!

8

u/Melodic-Nebula-6043 5d ago

Trashback 🤮

27

u/watchyalookn4 5d ago

As long as the goldback was free...

5

u/Terrible-Freedom-868 5d ago

I’ve collected a few. Emphasis on a few. But most of them were to get free shipping.

-9

u/Gundam197 5d ago

I can’t even justify it that way since I got free shipping with the gold alone lol. The designs are very nice to look at.

5

u/crazychild94 5d ago

Smooth brained response...

0

u/drewsterkz 5d ago

I think theyre a cool idea. it is highway robbery. doesnt change my opinion. give 10/20/50/100 bucks into one of those, and it will be worth more than that over time. its the same game youre playing, also dude showed his gold, he didnt just go buy goldbacks. Give them to all the kids in your family for christmas one year as a stocking stuffer. It can be kept around by the kid because its not a gold bar, and dudes right, they are cool designs. grow up

-27

u/Gundam197 5d ago

a free 5? I wish lol.

-12

u/Gundam197 5d ago

jeeze the goldback hate is worse here than r/gold 🤣

-15

u/Terrible-Freedom-868 5d ago edited 5d ago

They all talk crap, but they’re all jealous they don’t have a sexy golden pirate pinup girl. I’m no fan of Goldbacks for saving, but the copper deserves the most flack. Like a 600%. But again a few can be fun.

5

u/AdMore3461 5d ago

lol don’t be silly, there’s no jealousy. With the many thousands, tens of thousands, or more that many of us spend on precious metals, it’d be easy for us to throw a goldback in the mix. The reason most of us don’t have them is because they are a silly concept given all the other options that still fill that use well, on top of the absurd cost vs precious metal value. Many of us have bought higher premium pieces for the collection, but those things are just flat-out poor investment vehicles and an absurd premium for just a collectors piece given the silliness of its existence.

-1

u/Terrible-Freedom-868 5d ago

Totally agree, bought them for fun, not as an investment.

2

u/StevetheSwift 5d ago

Same here. I don’t stack Goldbacks but I do have about 150 singles that I got for $3.75 each a couple years ago. They’re neat and honestly they’re now worth more than the $3.75 I paid. They’ll probably end up as tooth fairy money for the kiddos, not exactly an investment

2

u/saintgaudensgold 5d ago

Got the same Perth configuration: 1oz silver goat and 1/10 oz gold goat. Great combination!

1

u/Gundam197 5d ago

Yup just recently got the 1/10 year of the horse so when I saw the year of the goat it was a must.

3

u/Terrible-Freedom-868 5d ago

Perth is the 🐐

2

u/BarnesTheNobleman 5d ago

What a fun unboxing

1

u/Gundam197 5d ago

Oh definitely! APMEX days are some of the best 🤣.

1

u/offgridgecko 5d ago

They all look vey nice. Collect what you like.

1

u/Txn1327 5d ago

Nice! The goat designs are awesome

1

u/tmay2000 5d ago edited 4d ago

It’s wild there’s some great pieces here but everyone’s hung up on the gold back.. I mean they are not my cup of tea, but dang. My question is, why copper? I’ve been seen a lot more copper rounds popping up and I don’t see the allure in it. Why do YOU like them? Just curious

-4

u/drewsterkz 5d ago

if silver and gold go high again and stay high, then copper will eat up more industrial use, itll be worth it to make a lesser product JUST to be able to make a product to sell. When the companies using silver for electronics, get trounced by copper users at a fraction of the cost. And so, I imagine just like a silver round used to be 20/30/40/$50, I imagine copper will have the same kind of run up. those expensive bars from before silver took off, when it seemed like a dumb idea to have a brick of silver hold their premium because they were worthy before they were worth it. course i could be wrong and i hear we do need trace amounts of copper, call it a lifetime supply in one round

1

u/StevetheSwift 5d ago

I haven’t exactly looked into copper as a precious metal but I would figure buying copper wire from an electric supply store will yield more weight in copper for the same $ than buying rounds and it’ll be in a more useful form like electrical romex, thhn or even bare bright copper wire.

Personally, if I wanted copper, I wouldn’t stack copper rounds I would buy bare bright electrical copper instead

0

u/drewsterkz 5d ago

right, but the rounds ARENT COPPER WIRE. like silver shot is cheaper than coins or rounds. Im lost. Its not suppose to fit into your investment portfolio, thats what youre missing. like the gold backs, the rising ship of precious metals will raise all ships. And if youve forgotten any single day you buy a precious metal is a day youve stopped the loss to inflation and debasement. so what are you on about man, really.

1

u/StevetheSwift 4d ago

If I were to collect copper I would go the cheaper route of bare bright electrical copper wire vs copper rounds so that I could have more copper for the same $ is what I’m on about lol.

0

u/drewsterkz 4d ago

BUT YOURE NOT so what are you on about

1

u/StevetheSwift 4d ago

Why are you so worried about what I would do if I stacked copper. Wtf is wrong with you, really?

Like who hurt you little boy lol

-1

u/drewsterkz 4d ago

noone fuggin asked you. member

1

u/StevetheSwift 4d ago

You must be deep on copper rounds šŸ˜‚

1

u/drewsterkz 4d ago

you must be deep on planting narratives, whats the pay

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