Great discussion, spot on, I am with you. If it wasn't going up (big picture years over years) it would not be doing what it needs to be doing to justify buying it.... ouitstanding eye candy video!
Great job!! I do get concerned with the rising prices, but not for myself, but those that are caught in the debt/inflation spiral. This cycle could mean utter destruction and chaos for the unprepared. It's not their fault. It is the system designed to EXTRACT wealth from the poor. As stackers, we will be in a unique position to help people in a way nobody can imagine.
Gold going up validates everyone who believed in gold prior to this 5 year run up in value and proves gold is really a store of wealth. That said- I really wish I stacked more of the yellow metal in 2018, lol!!
@TheKANSASKIDD I guess I'm just a new stacker with to small of a stack. I want more weight. I'm not planning on selling anytime soon either. I did the video in response to the pumpers putting crazy numbers out there
@VegasStacker702 No man not at all. We are all with you. We want that low price so we can buy!! But it's good to know that metals still work how they are supposed to!!
Hey KCK the economy is going thru a down cycle. US revenues at 6 trillion... russia at 250 billion...gold going up on all the spending...the metals supply chain is not going to lose money...all the other things going on in the world may have some effect but inflation is the main reason metals are doing what they are doing...
I dont say much, but what I seem to hear without people saying it is.... They wish there income was inflating as fast as their cost so they would still have the same dry power to buy precious metals they could in the not so distant past. if one was keeping up with the other, there would be more buying and less wishing..Personally I wish we could go back to the boring days of 15-17.00 lateral movement in PM's. People did not know it, but generally speaking they had way more discretionary income. One was far less likely to worry as opposed to plan for next week.... next year.
Higher metal costs just means its time to find other ways to get it and keep your costs down. What you pay for it is the only numbers you have any control over. You have to manage that first.
Great discussion, spot on, I am with you. If it wasn't going up (big picture years over years) it would not be doing what it needs to be doing to justify buying it.... ouitstanding eye candy video!
@@Steve_aka_Fish That's exactly right. If it didn't do the job, we wouldn't want it!
Thanks Kansas kid, awesome topic & points . I am with you!!
Appreciate it!
Great job!! I do get concerned with the rising prices, but not for myself, but those that are caught in the debt/inflation spiral.
This cycle could mean utter destruction and chaos for the unprepared. It's not their fault. It is the system designed to EXTRACT wealth from the poor. As stackers, we will be in a unique position to help people in a way nobody can imagine.
Yes. That's a very important factor. Holding a good position will change the game.
Gold going up validates everyone who believed in gold prior to this 5 year run up in value and proves gold is really a store of wealth. That said- I really wish I stacked more of the yellow metal in 2018, lol!!
Haha!! That's a fact! Hind sight is always 20/20
i dont get the joke. please explain
@@DrSchor What joke good doctor?
@@SilverStruck the one you haha'd to
@@DrSchor I had used "lol" as a point made to not stacking as much gold as I could have at the time.
Exactly. Right!!!! KK 💯
Yes sir! Good to see ya SE!
Completely agree 👍
Cheers 🍾 🔥
that 2.14 🔥🔥🔥🔥🔥
@@Steve_aka_Fish One of my faves!
Good points.
Doing it's job!
You're right! And when you're right, you're right...Agreed?
@@theenglishprofessor8411 Agreed! You're right!
Metals should be double what they are now…$32 oz is still a bargain
It really is.
@0:46 😂😂😂
@@Steve_aka_Fish The stack keeper
Is this in response to my recent video? Lol
Well said. I always like hearing others opinions.
Thank you for the insight.
@VegasStacker702 Yes sir! Appreciate it Vegas 👊
@TheKANSASKIDD I guess I'm just a new stacker with to small of a stack. I want more weight. I'm not planning on selling anytime soon either.
I did the video in response to the pumpers putting crazy numbers out there
@VegasStacker702 No man not at all. We are all with you. We want that low price so we can buy!! But it's good to know that metals still work how they are supposed to!!
I got into it to hedge against this inflation, which unfortunately, I only see getting worse.
That is definitely the trend
yep
Definitely 👍👍👍
Hey KCK the economy is going thru a down cycle. US revenues at 6 trillion... russia at 250 billion...gold going up on all the spending...the metals supply chain is not going to lose money...all the other things going on in the world may have some effect but inflation is the main reason metals are doing what they are doing...
Yes indeed. High inflation and a hurting economy go hand in hand.
I dont say much, but what I seem to hear without people saying it is.... They wish there income was inflating as fast as their cost so they would still have the same dry power to buy precious metals they could in the not so distant past. if one was keeping up with the other, there would be more buying and less wishing..Personally I wish we could go back to the boring days of 15-17.00 lateral movement in PM's. People did not know it, but generally speaking they had way more discretionary income. One was far less likely to worry as opposed to plan for next week.... next year.
Wtf am I supposed to do with all these chips if I don't have any dam dip?
Chips are no good without the dip
We need the dip
You're excited, don't lie ;)
Stoked!
Rockchalk
JAYHAWK!
The silver moat shows again.
Yes!! The Silver Moat!!! Thanks Tom!
@@TheKANSASKIDD I want one of the Kelly green coin glass dishes. Only one color I don't have.
Higher metal costs just means its time to find other ways to get it and keep your costs down. What you pay for it is the only numbers you have any control over.
You have to manage that first.
That's exactly right. The way this year is going so far, even if you have to pay a little more on premiums it's worth it.