Sunday Metal Chat by Dixiesilvergirl

Happy Sunday!
Has your store of wealth worked out for you?

We recently sold our set of privateers, not because we had to or because we could make a profit, we actually broke exactly even.

We then used the proceeds to purchase some gold and platinum(from Mene) at the low spot prices. We felt that we would see more of a gain with the other metals so it was a strategic stack move. We did learn that our store of wealth worked, our money was still there. Now considering it was only about a year it is not a big surprise but it was a good reassuring feeling.

We are loving the low spot prices as we are still in the stacking mode, However I was thinking the other day what if we HAD to sell and the dip was lasting this long? Our spot price is low due to the scrap refining we have done and buying on dips, so we would be ok, but I am wondering if any of our fellow stackers have had to sell for any reason and take a loss on their investment? We are all at different stages of our stacking and although some are just starting , I am sure that there are some that are in the position they need to sell, so I was wondering how that was worked out for you? And what if any types of silver held their premium or sold better? I think it is important to stay active not only as a buyer but a seller so you have trusted people to work with when you have to, stacking is not enough you must have a plan on what to do with it, well if it doesn’t get lost in a boating accident that is!
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Thanks for Reading and Happy Stacking!