Welcome to the Stack❤️
Swiss🇨🇭 Federal Shooting Festival Luzern 1901 36g .900
2oz Libertad🇲🇽 1999 (only 5000)
Couple of Swiss🇨🇭 Railway & other medals 20g .999
Keep stacking friends👑
Silver is down about 14% this month. 24% down from last 6 month, and 22% up from last 1 year. My Libertad still weighs exactly one troy ounce. I bought it almost 2 years ago for 30€. Price moves, but the metal doesn’t. Are you counting ounces or euros right now?
#silverstacking
As I have been saying, quietest time I have seen in precious metals sales/sentiment in a decade, and I have been doing this since 1977. And fwiw, no capitualtion except from folks needing money, that's it.
I'm firmly back in the gold bull camp. Rome wasn't built in a day, and the uptrend won't resume overnight. Prices may fall further first, but I believe the period from now through year-end will ultimately be seen as an excellent buying opportunity in metals, mining, and exploration stocks.
Silver is living proof that patience pays off.
$10 a day since 2001. No timing the market.
No selling the dips. Just steady accumulation.
That’s how you turn a small daily habit into real wealth in metals.
Gold & silver: You MUST understand the HUGE difference between trading, investing & stacking. Stackers buy at any price. Traders do not. Investors like good timing. Long, deep corrections mean different things to different people, hence the confusion & anger.
🇺🇸🇭🇺 Trump reportedly wants Viktor Orbán to become the next UN SECRETARY-GENERAL
And as if that alone wouldn't be fascinating enough: Washington believes Russia and China could get behind him too.
U.S. officials are apparently exploring a joint candidacy for the former Hungarian prime minister, with Trump and JD Vance expected to support him.
Orbán is said to be interested, but wants assurances he can actually win before entering the race.
An extraordinary possibility: a MAGA-aligned conservative leading the United Nations with backing from Washington, Moscow and Beijing.
The UN establishment would have quite a morning.
Source: WSJ / Writer: Oliver
Silver continued it's consolidation/bottoming in overnight trading. Just off the lows of the night now. 1st target is the 50MA at around $54.40. LFG!!!
If you've been stacking #Silver for a while, you've already seen a few of those dark moments, in which its price threatens to break down completely. I call them the "silver balls moments", because it takes a tremendous amount of testicular fortitude to buy the dip under such conditions. One of them took place in September 2022.
After the COVID crisis, the price of silver quickly recovered and shot up to $30 an ounce. But then it hit a brick wall, moved sideways for two years, and then started falling relentlessly during the summer of 2022. When it lost the $20 level and went back to the teens people were demoralized, certain that it was headed back to its 2020 low.
But it wasn't. In hindsight, this was simply a retest of its breakout level. It wasn't easy to buy silver back then, but I did. On September 1st 2022 I went ahead and bought the dip. I had no way of knowing at the time, but that was the absolute bottom. It took another two years for it to break out, but it never went below $20 again.
I suspect that we are in the same kind of moment right now. After breaking out above the mythological $50 an ounce in 2025 and shooting all the way up to $120, it is again retesting the breakout level. Your gut may be churning at the thought of buying silver here, and every fiber of your body may be resisting that notion. But according to my experience, this is the best time to buy.
I don’t give a flying fuck about your silver price target or you drawing on your screen with your gay ass digital stylus. 90% of you are perpetually dead wrong. Why get distracted by this? Is fiat going to stop eroding because the Fed hikes rates and paper clowns dump more paper?