I bought 200oz last week, heading out this morning to try to find any that are left. I’ve called almost all pawn shops and jewelry/coin shops here. There’s hardly any inventory. That’s the truth
Hell yea, I've been accumulating for about 7 years now. I've slightly less in pure silver (all rounds and bars) than you, but also have about $100 face value in 90% U.S. "junk silver,"/coins (right now, around $5 face is worth about $100 in melt value). It's the smallest percent of my portfolio, and not even close to the most profitable, but I absolutely love it. There's something about being able to physically hold your investment in your hand, know it has tangible value, serves as a good store of value and hedge against inflation, and can be used if ever in a "SHTF," scenario. At this point, especially after the past year, I'm trying to hold as little fiat currency as possible, and have it diversified in as many different assets as possible (including things that aren't exactly investments, like ammo, emergency food, etc), but it feels good knowing I'm both growing my money, protecting my future, and don't have to worry as much about what happens if the dollar completely crashes or becomes something like venezuela-bucks
That’s awesome good for you brother! We went to Pueblo today, we bought 135 ounces in bars and 5 rolls of 90% quarters. That’s all we could find in the town. I was told CO Springs had some, but I feel good where we are at now. Physical silver inventories are almost gone, one dealer said they bought some this weekend online to replace what they sold, and they received a refund today. Must say something about the actual inventories! Have safe and blessed week!
And yes, I'm not buying right now (well, not now as in literally not right now, but my last buy was less than 2 weeks ago, around $24/25 an ounce), but checked a few of the major sites this week (SD, JM, Apmex, etc), and all of them are "experiencing delays," have "unprecedented volume," and/or are "replenishing stock," etc, which can only be a good thing for those already possessing silver. The market itself is super manipulated, too, and from what I've been told, anyway, is intentionally manipulated/held down, likely so that whales can accumulate physical metals at an artificially lower price before letting the market do its thing and take it for a ride.
(obligatory this is not financial advice, I hold silver, not a financial advisor, etc etc)
I bought 200oz last week, heading out this morning to try to find any that are left. I’ve called almost all pawn shops and jewelry/coin shops here. There’s hardly any inventory. That’s the truth
Hell yea, I've been accumulating for about 7 years now. I've slightly less in pure silver (all rounds and bars) than you, but also have about $100 face value in 90% U.S. "junk silver,"/coins (right now, around $5 face is worth about $100 in melt value). It's the smallest percent of my portfolio, and not even close to the most profitable, but I absolutely love it. There's something about being able to physically hold your investment in your hand, know it has tangible value, serves as a good store of value and hedge against inflation, and can be used if ever in a "SHTF," scenario. At this point, especially after the past year, I'm trying to hold as little fiat currency as possible, and have it diversified in as many different assets as possible (including things that aren't exactly investments, like ammo, emergency food, etc), but it feels good knowing I'm both growing my money, protecting my future, and don't have to worry as much about what happens if the dollar completely crashes or becomes something like venezuela-bucks
That’s awesome good for you brother! We went to Pueblo today, we bought 135 ounces in bars and 5 rolls of 90% quarters. That’s all we could find in the town. I was told CO Springs had some, but I feel good where we are at now. Physical silver inventories are almost gone, one dealer said they bought some this weekend online to replace what they sold, and they received a refund today. Must say something about the actual inventories! Have safe and blessed week!
Thanks, best of luck to you as well!
And yes, I'm not buying right now (well, not now as in literally not right now, but my last buy was less than 2 weeks ago, around $24/25 an ounce), but checked a few of the major sites this week (SD, JM, Apmex, etc), and all of them are "experiencing delays," have "unprecedented volume," and/or are "replenishing stock," etc, which can only be a good thing for those already possessing silver. The market itself is super manipulated, too, and from what I've been told, anyway, is intentionally manipulated/held down, likely so that whales can accumulate physical metals at an artificially lower price before letting the market do its thing and take it for a ride.
(obligatory this is not financial advice, I hold silver, not a financial advisor, etc etc)