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15492988 No.15492988 [Reply] [Original]

So I have around 700 oz of physical silver and another 1300 oz worth of exposure through a combination of x1, x2, x3 silver ETFs (which due to daily compounding can outperform their multiple in aggressive bullruns)

I know people are skeptical on non-physical, but my general vibe is that I would have enough time to pull out of paper and then use the realized gains to buy more physical before any potential catastrophic economic event.

Is this a good enough stack? At this point, I've shifted my focus to growing my crypto stack which is about x2 larger than my PM stack. Or, should I keep piling on the PMs???

What am I doing wrong? What am I doing right? What could I do better?

Im starting to get some silver fomo and ragrets not buying more desu.

>> No.15493021

This rise is (likely) because of brexit + China trade war so will 'probably' keep rising until there is definite positive news from either of those.

>> No.15493030

>>15493021
Didn’t address the questions, but useful insight. Thanks anon

>> No.15493049
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15493049

>>15492988
if i were in your position i would ride it out but make sure i'm out of all your leveraged stuff before you hit 50$. That is going to be some seriously hard resistance. Liquidate your leveraged stuff and then buy more physical when it dips. 700 oz is a good base though, so you can afford to speculate with the leveraged shit imo.

>> No.15493062

How much is 700 or 1300 oz? Why can't you dumb americans use grams like everyone else in the world?

>> No.15493073

>>15493062
Why can’t you dumb euro trash use google?

>> No.15493082

>>15493062
700oz is 19.85kg
1300oz is 36.85kg

>> No.15493083

>>15493049
Solid. Appreciate it mate. That was in line with my thought. Just wasn’t confident 700oz was enough.

More opinions welcome ofc

>> No.15493092

>>15492988
Here's some advice quit buying some worthless fucking meme rocks and buy some stocks

>> No.15493103
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15493103

>>15493062
Only 8% of american GDP involves foreign trade, so there is little incentive to integrate. Why dont you use google calculator to find out how giant our fat american stacks are?

>> No.15493104
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15493104

>>15492988
>>15493083
gonna give you my honest opinion: commodities are an insane investment

they don't produce revenues or dividends and when you invest in them, your human psychology works against you:

if the price goes up, you get excited about the price going higher and you're less likely to sell

if the price goes down, you get scared about losing your money and sell

at least if you buy dividend stocks, if the price goes up, that's all good, and if the price goes down, then the relative yield of the dividend goes up, which is good in its own way. So you won't panic sell.

>> No.15493198

>>15493104

Mate, mate, mate... you got it all wrong

My stack is silver
My hands are Titanium

>> No.15493344

Any other hot takes?

>> No.15493380

>>15493104
Why you will still be saying “do you want any fries with that sir” well into your 60s.. Dare you to email Jim Rogers with that fucking turd nugget you just dropped on us

>> No.15493405
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15493405

>>15493104
>>>”gonna give you my honest opinion: commodities are an insane investment”

>> No.15493452
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15493452

>>15493198
>>15493380
>>15493405
have fun with your rocks

>> No.15493615
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15493615

>>15493452
So you like charts huh ( but only when you can cherry pick the time frame ). Here’s one for you you absolute spastic. You literally make R Kelly look MENSA!

>> No.15494299

>>15493049
Fuggin saved

Good luck rockbros, but I'm going 3Xleveraged stock market tomorrow. It might even be a good day to short the gold miners.

>>15493615
>You make X look like Y
>AND implying the other person works in fast food
do you chortle to yourself over this shit? Is this what someone mean said to you in school today?

Anyways, don't go to the rock market tomorrow.

>> No.15494581 [DELETED] 
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15494581

>>15494299
I am stacked up the ass Somali.
but I'm going 3Xleveraged stock market tomorrow. You sir are a serious investor Mwahahahahahaha stop it please!!!
See at Maccas when I decide to slum it . I’ll tip you hard though Somali. I’m a humanitarian

>> No.15494598
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15494598

>>15494299
Fuck me your retarded Somali! I’m stacked up the ass!
>>>I'm going 3Xleveraged stock market tomorrow
You sir are a serious investor. Mwahahahahahaha stop it please!
Stocks were for buying 2002 and 2009 . Any Somali that buys now is 100% bag holder. Your the same graph retard but posting on another device Somali.

>> No.15494657

>>15494598
do you know where i can find a succubus?

>> No.15494846
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15494846

>>15494657
Yeah bro you can order direct from Pheli mint
https://www.phelimint.com/collections/all-products
I’ve bought several 2 oz coins from them .they ship it to you direct very fast! Real awesome dudes too.

>> No.15495555
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15495555

>>15492988
>What am I doing wrong? What am I doing right? What could I do better?
I would ditch the x2 and x3 ETF's and just trade the long dated LEAP options. The leverage ETF's have lots of erosion.
I made 300% on the move from 13 to 18 in about a month. Using the 21 JAN expiration.

>> No.15495572

>>15493198
>>15493380
>>15493405
remember frens
always do the opposite of biz

>> No.15495588

>>15494846
hol up
is that 2 oz, $40 worth of silver
selling for over $200?
a 400% premium?
for a satanic picture?

>> No.15495610

>>15495555
>>I made 300% on the move from 13 to 18 in about a month. Using the 21 JAN expiration.
I give credit to you trading the volatility but fuck me my nigga isn’t it easier just buying and holding the rock on it’s inevitable move to $500??

>> No.15495642

>>15495610
>I give credit to you trading the volatility
Thanks for the props,

>isn’t it easier just buying and holding the rock on it’s inevitable move to $500??
That's what the core 6,000oz position is for homie.

Also OP is already holding x2 x3 leverage ETF's. That's not a long term hold.

>> No.15495657

>>15495588
>>is that 2 oz, $40 worth of silver
selling for over $200?
Incorrect my nigga , that’s 5 pieces of 2 oz each = $200 raw Ag cost alone!! It’s at a fucking Uber bargain
You can get the the individual 2 oz succubus for as low as $47!! Which for a limited edition cast is spastic. Only a few rounds left though from what I can see and bound to be flying out the door at current market prices for base metal

>> No.15495681

>>15495657
>You can get the the individual 2 oz succubus for as low as $47!!
Wow that sounds like a great deal
Do you have a coin where satan is depicted sodomizing jesus?

>> No.15495913

>>15493452
that pic makes me want some PM even more though

>> No.15496278
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15496278

>>15493104

>> No.15496298

it's going to 15 eoy and staying there for 5 years. you had the chance to get 20% in a month in the boomer market in a fully capitalized market.

>> No.15496307
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15496307

>>15496298
What if I buy put options on SLV...

>> No.15496338

>>15493082
>>15493062
They use troy oz, not standard oz, so it's more than that. 31.1g per troy oz.

21.8kg and 40.4kg

>> No.15496381
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15496381

>>15496307
>he's buying poots?
>trade it sideways until he runs out of money to roll them over zen DOMP EET

>> No.15497110
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15497110

>>15493615
so you accuse me of cherry-picking charts... and then you post a chart comparing gold returns against S&P returns starting in 1999 -- when gold prices were at their lowest point since 1978, and just before the tech crash of 2001?
>this is a silver thread, not a gold thread, brainlet
>pick any year after 2001 and make the chart again, the results may surprise you
>or start the chart ten years earlier, or twenty years earlier, etc., you will consistently find that investing in assets that produce a return is superior to buying f-ing rocks

>> No.15497414

>>15494846
>>15495657
Alright. I just ordered 5 rounds of the 2018 Succubus. You better not be screwing me, anon. First silver I ever bought btw.

>> No.15497512

so funny that a literal rock has been outperforming stocks the last 20 years, just shows how ineffective corporate america is

>> No.15497934

>>15495555
awesome quads, dont know how this was ignored...

Also great input, mate. Appreciate the real insight! If you check the 2 year, 3x decay hasnt looked too bad, no?