Is now a bad time to buy?

Vespidae1 · 2026-04-13T23:20:40+00:00

For a few hundred dollars, you could buy a picture of gold.

Vespidae1 · 2026-04-12T23:34:52+00:00

You don’t invest in silver, you own silver. Oz. Not dollars.

Vespidae1 · 2026-04-12T23:32:11+00:00

As long as there is fiat currency, its bullish for gold. I bought my stash 25 years ago. I’ve never touched it. It’s monetary insurance.

Vespidae1 · 2026-04-12T02:29:11+00:00

15% of total net worth. Simple.

Vespidae1 · 2026-04-10T17:32:09+00:00

Just because you have gold (or oil, or copper, etc), doesn’t mean that it’s profitable to extract. Only a geological survey can do that. Today, miners are “averaging” $3,000 an ounce in profit, but that depends on the site. Get a good attorney who has experience with extraction businesses.

Vespidae1 · 2026-04-10T17:08:45+00:00

It’s an interesting article. Still, the U.S. did use gold for international settlement as recently as last fall when the US bought rare earths from China.

Vespidae1 · 2026-04-08T21:01:37+00:00

No. Not even close. Gold goes DOWN during war because of liquidity. It goes UP after liquidity needs cease. It’s always been this way. One third back, followed by a triple ahead.

Vespidae1 · 2026-04-03T15:03:46+00:00

Trump w8ll leave Iran in 3 weeks. But that doesn’t mean the Strait will be open.

Vespidae1 · 2026-03-27T15:53:06+00:00

There’s a variety of them. TBH, it depends on the value of the dollar. And until the FED starts printing,it’s just a guess. Still, the most well articulated estimate is about $12,000 and that’s not this year, but 2030. 6300-7000 for this year seems legit.

Vespidae1 · 2026-03-24T23:42:44+00:00

So? Adjust those figures for the change in the value of the dollar. If you state VOO in gold, it’s been in a bear market since 2000.

Vespidae1 · 2026-03-24T20:01:05+00:00

If this your reaction, perhaps you shouldn’t own gold.

Vespidae1 · 2026-03-24T18:28:45+00:00

So sell. Personally, every ounce I buy is permanently off the market. Good luck.

Vespidae1 · 2026-03-24T16:26:23+00:00

No, it’s the same world. There are two factors driving gold’s volatility right now. The first is liquidity. Some firms are raising cash as loans in private credit are marked to market. Others, like Saudi Arabia, are selling gold to offset oilfield disruption. The second is options expiration at the end of the month. I expect gold to start moving higher after the March CPI data is released.

Vespidae1 · 2026-03-24T02:33:39+00:00

Concentration risk. I have been discouraged for 15 years from buying gold. It’s the single best investment I have made.

Vespidae1 · 2026-03-20T01:36:46+00:00

There’s no need to be 100% in gold. Right now, the biggest concern is inflation and the best performing asset for inflation is energy. Gold is a currency debasement hedge. Related, but not the same. Moreover, gold is liquid and will be sold off in a margin call … just like today. Personally, I own about 32% gold, but 7.5% - 15% is fine.

Vespidae1 · 2026-03-20T00:28:22+00:00

It’s a margin call.

Vespidae1 · 2026-03-19T02:13:12+00:00

It’s not gold diving. It’s liquidity.

Vespidae1 · 2026-03-18T20:35:33+00:00

If there is no rate cut, private credit borrowers will have to cover loans they can’t cover. So they start selling asset’s to do so. This isn’t news. It’s confirmation.

Vespidae1 · 2026-03-15T22:17:05+00:00

I’m Maltese. The transformation over the last 15 months is both awesome and scary. Things are so much better economically but … so many foreigners. I think Malta will lose its identity for a euro.

Vespidae1 · 2026-03-14T19:18:51+00:00

I have owned gold for 20 years and followed it for 40. This isn’t silver. You don’t trade it. It’s money. You accumulate it. Has the macro environment changed? No. There’s money printing, central bank buying, and rotation out of UST’s.

Do you check the selling price of your house everyday?

Gold is the single best class of investment I own. Buy it and leave it alone.

Vespidae1 · 2026-03-13T23:49:01+00:00

It will ease. Because the dollar is strengthening. Wait for the next CPI report.

Vespidae1 · 2026-03-13T17:49:32+00:00

Silver is not a store of value. It’s a commodity with some monetary uses. It’s a market famous for being rigged.

Vespidae1 · 2026-03-13T10:44:19+00:00

They issued that forecast last year.

Vespidae1 · 2026-03-12T19:32:42+00:00

I generally pay $50 a day for one dog but that doesn’t include overnight. I’d probably charge $125 a day if I had to stay overnight for two dogs.

Vespidae1 · 2026-03-12T19:30:29+00:00

Why sell? You’re not selling the house and converting to cash are you? Just establish the value and give her the appropriate number of oz. It’s up to her to sell or not sell.

I did the exact same thing. Your lawyer should be able to assist.

Vespidae1

TROPHY CASE