Don't get bit by the dragon!

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The Anecdotal Economist

The Anecdotal Economist

Күн бұрын

Пікірлер: 53
@silversleuth007
@silversleuth007 9 күн бұрын
Agreed. Easy high-speed money is TOO tempting for traders of paper. Not cutting the rate in January will be the same as raising the rate, IMO. I believe that silver will flounder until March, after the inauguration dust settles, and commercial real estate foreclosures hit the mainstream news cycles. I don't think that silver's bottom will be any lower than $24, but $25.50 if plausible. Love the Perth dragons. My 2000 kilo dragon is a deep stacker, for sure. Just TOO gorgeous to let go of. TY for another concise and thoughtful video.
@anecdotalecon
@anecdotalecon 9 күн бұрын
Thank you for the comment and thoughts my dude.
@wasillastacker
@wasillastacker 10 күн бұрын
The ball is the orb of wisdom
@rasbobbo
@rasbobbo 11 күн бұрын
Like Captain Renaud, I’ll take what comes.
@josefsmith3140
@josefsmith3140 11 күн бұрын
I think your completely right been stacking since 2016 and I've heard all the predictions I'm just gonna keep stacking.
@PatriachalRain
@PatriachalRain 9 күн бұрын
I have also been stacking predictions for several years! 😂
@michaelmohrle1773
@michaelmohrle1773 11 күн бұрын
Royal Mint just did a dragon, the Tudor beasts series and looks great.
@anecdotalecon
@anecdotalecon 11 күн бұрын
Tudor beasts is cool. Will they stop at 12? Or will they repeat?
@michaelmohrle1773
@michaelmohrle1773 11 күн бұрын
@anecdotalecon I think it's 10, Lion, Yale, Bull, Unicorn, Dragon, so far. The Queen's panther has just been released in the UK but I don't see it in the US yet.
@BogusDudeGW
@BogusDudeGW 11 күн бұрын
I've been collecting the Tudor Beasts, they are of course 2oz coins so a little money to be saved on premiums there. I believe the Panther was first released as a proof only so nice to see that released, will be grabbing it this weekend. I've also been dropping on good deals for 1/4oz gold Tudor Beasts coins too. The Dragon is a bit different although Perth mint have also just released a set of 5 colourised lunar dragons, supposedly to celebrate their 125 yr anniversary
@michaelmohrle1773
@michaelmohrle1773 10 күн бұрын
@@BogusDudeGW I like the BU 10 oz. They are not much over spot price and are works of art. The proof version are way overpriced bit I like the BUs better anyway. You get a fantastic collectable at bullion price.
@daviddavey1727
@daviddavey1727 11 күн бұрын
Under water slightly today.
@MM-cp4mi
@MM-cp4mi 10 күн бұрын
yay gods tarnished money
@anecdotalecon
@anecdotalecon 10 күн бұрын
Lol
@anecdotalecon
@anecdotalecon 10 күн бұрын
Lol
@glenh4971
@glenh4971 11 күн бұрын
I have quite a bit of silver. I have had this silver for a long time. I have no crystal ball. I am convinced that no one knows where silver is going next year. The GSR is really high right now so silver is not over priced. But, silver can take things to the extremes any time. Silver can go either way very quickly. Silver has disappointed me over all for the last 13 years. But, it can rise when conditions are just right. Things don't feel right for silver. The best thing to do is to ignore silver. Don't worry about it. Its out of our control. I have a target price of 40 dollars per oz. If silver reaches this price I sell. If not I just go about my business. Like I said, we have no control over silver. Gold is a much better buy and hold. Silver is better to be avoided if you don't already own it.
@anecdotalecon
@anecdotalecon 11 күн бұрын
Agree. Mostly. Ty for comment.
@ShakeyJake117
@ShakeyJake117 11 күн бұрын
Good points. I'm a silverbug at heart. I just go about my business too. I like the gsr right now, probably too much, lol
@Run4Ever77
@Run4Ever77 11 күн бұрын
Wait, you have held it enough to be disappointed by it for 13 years, and your sell point is at $40? That seems low considering it hasn't been too far from that this year, and that it was over that in the last 13-14 years when it was close to $50.
@glenh4971
@glenh4971 11 күн бұрын
@@Run4Ever77 I have been patient with silver. I said in the comment that I have been disappointed with silver. Its time to move on.
@Run4Ever77
@Run4Ever77 11 күн бұрын
@@glenh4971 I understand. Thanks for the answer. What do you like now? Or, do you see any good opportunities that you are moving on to now from silver?
@nonjaninja4904
@nonjaninja4904 11 күн бұрын
Supposedly, keeping your stuff dehumidified can prevent a lot of the tarnish. Also, storing in anything pvc will discolor stuff.
@EightSixx
@EightSixx 11 күн бұрын
As an Australian, can tell you we don't drink Fosters.
@anecdotalecon
@anecdotalecon 11 күн бұрын
Just the tourists haha.
@Eli-qr9hc
@Eli-qr9hc 10 күн бұрын
Good points. I’ve been stacking also for about 8 years mainly just rounds ASE, maples and whatever coin was on sale and 10 ounce bars too… In the back of my mind I’m kind of saving for retirement but also for any emergency and like you, I would never cash fully out but sometimes I wonder about when to cash in maybe 10 ounces here or 20 ounces there and actually which silver would I cash out? Would it be the coins or the rounds or the bars what are your thoughts on what you would do?
@anecdotalecon
@anecdotalecon 9 күн бұрын
I think it depends on whats happening in the market. Its always changing. Diversity is your friend IMHO.
@SilverandCigars
@SilverandCigars 11 күн бұрын
nice dragon coin
@anecdotalecon
@anecdotalecon 11 күн бұрын
You have one?
@josefsmith3140
@josefsmith3140 11 күн бұрын
Lunar,love them!
@Lord-Shadow
@Lord-Shadow 11 күн бұрын
That ball is the sun It's the year of the Water Dragon ... I was born in the Water Tiger Year
@anecdotalecon
@anecdotalecon 11 күн бұрын
Interesting. Thanks for the comment!
@Lord-Shadow
@Lord-Shadow 11 күн бұрын
@@anecdotalecon It follows a 12 year cycle having one animal sign per year. Then they attach an element to each year I believe. So ever 12 years they cycle back to the same year and element that you were born in.
@cottonclarksa
@cottonclarksa 10 күн бұрын
Lunar.
@josefsmith3140
@josefsmith3140 11 күн бұрын
That's called the flaming pearl of life or destiny or something like that I could be wrong but I've collected all the series two and three.
@anecdotalecon
@anecdotalecon 11 күн бұрын
Gotta get series 1!
@daviddavey1727
@daviddavey1727 11 күн бұрын
On the sidelines for a while now
@anecdotalecon
@anecdotalecon 11 күн бұрын
Me to, but today its looking like some buy opportunities he coming.
@josefsmith3140
@josefsmith3140 11 күн бұрын
You should check out the black flag series another great series from the Perth mint.
@PatriachalRain
@PatriachalRain 9 күн бұрын
Lunar (soft) lLanding
@teagank2826
@teagank2826 11 күн бұрын
Lunar
@cowboy_henk
@cowboy_henk 10 күн бұрын
Let it hit sub 25 again so I can buy more lol
@anecdotalecon
@anecdotalecon 10 күн бұрын
Yes please.
@mrblue1933
@mrblue1933 11 күн бұрын
Lunar. Intro please.
@anecdotalecon
@anecdotalecon 11 күн бұрын
Perhaps a new year present!
@Imanuel369
@Imanuel369 11 күн бұрын
Luner 🐲
@dream-838
@dream-838 11 күн бұрын
dragon ball
@anecdotalecon
@anecdotalecon 11 күн бұрын
Lol
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