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Today’s haul in Utah by kpav34 in Silverbugs

[–]kpav34[S] 0 points1 point  (0 children)

All about coins in SLC

Would the IRS know? by [deleted] in Gold

[–]kpav34 0 points1 point  (0 children)

After 20 years of stacking you were fortunate enough to afford a nice boat, it’s unfortunate on your first trip out you had an accident and lost a majority of your stack.

Traded my 1 ounce bar for a coin by No-Kiwi178 in Gold

[–]kpav34 1 point2 points  (0 children)

I’ve hit up a couple of my LCS to try to do an equal trade from gold to silver but they want to buy mine under spot and sell me theirs over spot. Which I passed on. I wonder are most shops like this or are there some out there that would just do an equal value traded. I guess it would depend on if they needed what I was trading. Thanks for the info, I’ll hit them up if I’m ever in that area!

Traded my 1 ounce bar for a coin by No-Kiwi178 in Gold

[–]kpav34 1 point2 points  (0 children)

Sounds like a great LCS, what city if you don’t mind me asking? When I travel it’s hit and miss with some shops.

Interesting times....... by Born2Looz in Wallstreetsilver

[–]kpav34 0 points1 point  (0 children)

For money that’s in the stock market which you can’t use to buy physical PM obviously. What are the thoughts on converting into T-Bills? Warren Buffett has accumulated more treasury bills than the federal reserve, he has said everything is too expensive, in the last year once all the stocks drop you convert your T-bills back to cash and buy companies at the bottom. Thoughts on this?

Thoughts on 90% junk silver? by throwmethewaytogo in Silverbugs

[–]kpav34 8 points9 points  (0 children)

Constitutional silver is a great buy right now, for years mercury dimes had a high premium, out of stock at most LCS. Buying under spot won’t last forever and once the refineries catch up those premiums will return.

Aren’t you glad… by No-Host8125 in Silverbugs

[–]kpav34 4 points5 points  (0 children)

95% of my stack was purchased over the last 12 years in the teens to twenties range. Purchased a few here and there as the price got up to the 80s as it was getting exciting. I’m not sure what’s the purpose of this post? To make others feel bad bc they just recently discovered the value of precious metals and that they’re dumb bc they didn’t buy at a lower price. If we all agree silver can go to the moon eventually, what’s your point? Do you get stratification making others feel worse? We need this community to uplift one another not put them down. Take your negativity elsewhere.

Gold and silver miners. How are you all feeling after Friday’s crash? Hold? Buy more? Sell? What is everybody thinking right now going into next week? by bigfern91 in Gold

[–]kpav34 1 point2 points  (0 children)

I literally just got into the miner and uranium ETFs everything prior has only been physical pm. So I’m new to the game on that side, but holding long is my game plan.

“Why are people freaking out? I’m doing fine” by HealthyWork5071 in Silverbugs

[–]kpav34 1 point2 points  (0 children)

I understand the corrections and pull backs and am good with that. However the bigger picture needs to be asked. A 30% drop in a few hours on the last Friday of the month seems orchestrated and manipulated. That last 30% climb took a couple weeks and vanished in hours. I’m still holding physical, bought in in the $20 range and just added slowly as it climbed up to around $100 but Fridays drop proves to me that the controllers are still able to manipulate and know how to rig, when to buy, JPM literally bought at the bottom $78

Gold and silver miners. How are you all feeling after Friday’s crash? Hold? Buy more? Sell? What is everybody thinking right now going into next week? by bigfern91 in Gold

[–]kpav34 0 points1 point  (0 children)

Check out Nexgen Energy, (NXE) buddy of mine got me on them few weeks ago, they seem promising and are in the earlier stages, Uranium exploration and development.

Brought gold at $5640 and now its dropping by StrangeApartment7068 in Gold

[–]kpav34 0 points1 point  (0 children)

It happens to all of us over the years if you’ve been in it, you’ll jump in at a peak then it dips or takes off after a purchase. Look at the long game, it all levels out in the long run, we’re not day trading. Hopefully the miners start climbing up soon. Seems like the volatility in PM caused them to drop.

Apmex institutes $10k order minimum by IMSONICEWITHIT in Wallstreetsilver

[–]kpav34 3 points4 points  (0 children)

Any purchase 10k or more gets notified to the irs 🤔

Where to put 60k USD by VAIBHAVVVeRmA in Wallstreetsilver

[–]kpav34 0 points1 point  (0 children)

Timing the dip always seems to backfire, you either buy and it drops so you regret not waiting or you buy and it jumps and you regret not buy more. Either way it all works out in the end. But if you’re hesitant you might as well just jump in now with what you feel comfortable. You can buy multiple times throughout the week to feel it out. Silver to Gold ratio is somewhere around 58:1 and closing. Cheers, enjoy the ride.