r/Silverbugs • u/CranberryNo5764 • 15h ago
Please help
31y male. Around $35/oz cost avg 500 oz stack. No plans on selling. Am i the only one that is getting slightly nervous about this dip? I still have faith in silver because i believe it will always hold significant value and honestly this means i can buy more. Feel better now after writing this. Thanks guys keep stacking
22
u/TexFarmer 15h ago
You have already been bitten by the silver bug, fear not, just keep stacking, you will be a rich old man!
6
14
13
u/Bigbaywx 7h ago
Not anxious whatsoever. This isn’t a ‘dollars’ game but an ounces game. The dollar and indeed all fiat currencies are failing and the U.S. has an insurmountable debt problem. Learn to value your silver in ounces…not dollars. I have bought silver at less than $4 an ounce and I’ve bought bars at $65 an ounce and I value every ounce the same. Think of your metals as a savings account that doesn’t lose it’s purchasing power over time and you will do just fine.
8
u/AltruisticZombie2504 14h ago
I’ve purchased silver at $18 an oz., and at $100 an oz. Don’t feel bad. My approach is buy when you can, and diversify your investments, and as you said, “keep stacking.”
14
u/j5rn 15h ago
My DCA is higher than you and im not much older than you. I welcome and even bigger dip. Just means I'll stack exponentially more than I already have. Not worried. Either way I'll get some kind of return on investment. I also have 3 different retirement accounts and only owe on my house as well so I'm hitting all angles.
13
u/No_Initial3712 14h ago
This is my 2 cents. Right now, all of the “investors” are pulling their money out of silver/stock market and putting the money in bonds. Right now is the best time to buy bonds, BUT, bonds have always been a SAFE bet. That is why they have always paid less than stocks. Nobody thought they were going to get rich off of bonds. Bonds are for when you are almost ready to retire and don’t want your money in a savings account, you put them in bonds and make a little interest. However, bonds are “skyrocketing” (or at least everyone thinks they are) and that’s where all the money is going. BUT when inflation matches the bond yield, what then? You break even. Well guess what, up or down, Physical Silver is (guess what) SILVER. No matter the cost, it’s still the same silver today as it was yesterday, you might be able to melt it down and bend it and shape it but what you own today, as long as you don’t sell it, you will have tomorrow.
My opinion is that there will come a time in the not so distant future, where silver will be +100/oz and stay that way as to never go back under 100/oz. I don’t like to see the price go down and I’m not hoping the price goes down, I always want the price to go up. BUT, I can understand that when the price goes down, it is a great buying opportunity. Do I think silver will go below $50? NO. I have what I have and if I see a good deal I will buy it but for now (God willing) I am going to do HOLD.
12
u/dmfwio234540 14h ago
Bonds are absolutely crashing right now which is making yield jump up.
Similar but different.
3
2
u/TokyoSamus 8h ago
It's hard for me to understand all the dynamics, but why would bonds be safe? Do you mean, you lose less money in bonds than the bank.
So for example, 2025 saw the dollar devalued at 10%. So say you got a 4 percent bond over 2 years... You're losing less money than a Banks low interest... Is that what you mean?
Im not sure who would put their faith in a 10 year or longer bond at 5 percent... I don't see how it could keep value, let alone make money, when you consider inflation and all of the other politics with devaluation.
1
u/Bigbaywx 3h ago
What is a bond? It is a debt instrument backed by literally nothing. Bonds=debt….plain and simple. As an investor you want to ask yourself if you wish to ‘invest’ in debt? All the nations of the world are in debt. Commercial real estate is a flaming crater and even the bonds offered by the darlings (A.I., data centers etc) are themselves deep in debt and not turning a profit. And remember that as the interest rates on the bonds go up the price (value) of the bond goes down. Very short term U.S. treasuries (less than a year) are a pretty liquid area to park some capital if you have to but no bond is safe in this environment today.
1
u/These-Educator-1959 1h ago
One important thing to remember in bonds is how they price/trade. There is an inverse relationship between bond price and yield. So to get a higher interest rate the value of the bond decreases to match that rate. So if interest rates increase, bond values decrease it’s just math not really an economic theory. To demonstrate let’s say you have a $1000 bond paying 5% interest. So as a 1 year bond it will
pay you $1050 at the end of the year when the bond matures. Now let’s say interest rates increase to 10%. A bond investor expects to be paid $1100 at the end of the year not $1050. But that bond was already sold and you own it but nobody is going to buy it for $1000 because in a year they are going to make less than just buying a new bond. So now if you want to sell your bond but interest rates have increased, you basically need to sell your bond for about $950. The new owner will get $1050 at the end just like you but it only cost $950 so they still make $100 in interest. So it’s automatic if you own bonds when interest rates increase your bond holdings decrease. Now if someone has a choice between bonds and silver for example, bonds are more likely going to win. Because silver must now increase more for them to make money or they can just buy bonds and guarantee to make money. Basically higher interest rates hurts a lot. The higher the rate the more bonds draw money from metals and stocks and everything else. Until they start to have a risk that the bond can’t be paid and then the values really fall and it’s is a death spiral.2
u/CoatAlternative1771 4h ago
Bonds are attractive because a gaurunteed 6% is pretty crazy.
Granted my 401k and Roth has been earning like 10%+ for the past like 5-6 years or longer.
2
u/Skin4theWin 14h ago
My average is now $51, I ain’t worried, I used to get nervous, and I kick myself for not selling at $110 or so but only cause I could have doubled up, but that being said this is a) fun and I like trying to find unique stuff and b) a place to park my money so I don’t spend it. I have no doubt it might go into the red for me someday, but even if it did my kids are gonna have a hoot sorting through this when I’m gone
2
u/FacetedSideOfTheMoon 12h ago
My average is very likely in the 18-20 range. Haven't bought in many years actually but went hard when I did. I couldn't bring myself to sell jack shit during the highs even though I told myself it made sense and told my wife I should. What it came down to? I actually like my silver. I bought a ton of random ass different shit and I really like it all. Deciding what to sell was impossible because everything was like nah this is cool, or this is my kookaburra series. Still, its weird, I think I'm the only one sad silver went way up. I'm anchored to those days which lasted for years and continuing the series I love has fallen to the wayside with the higher prices.
2
u/t040484 12h ago
Bro, dont worry. As someone who actually tried selling some at 105, no store will buy it at 90 even. Best offer i got when it was 105 was, 89. And that is because I've been doing business with him for years. I know lots of other stores that closed their door until price goes down.
2
u/JacksonAttack-son 12h ago
When it was dropping down and hit 95$ I sold some for 80$. I called maybe 5 shops and they all said 15$ under spot for generic. I felt bad about it for maybe 3-4 months then honestly forgot about it when I was able to buy a fuck tom of Britannia’s for 58$.
1
1
u/Popular_Inside 13h ago
A few states you make are fundamentally untrue. That being said, if the U.S. debt was declining, if inflation was cooling, it would be a little concerning. The opposite happening so sit tight, don’t be concerned even if it breaks $50 because silver is still a very highly manipulated market. It saying to HODL forever, just think about DCA if it trades below your cost average.
1
u/Popular_Inside 13h ago
^statements & I’m not (not It)
Edit for spelling cause I had one of those silver joints posted earlier.1
u/saltsweatandbeers 6h ago
This is pretty much my thinking too.
There will come a point when rising bond yields and US debt becomes unmanageable, and if/when the Fed starts printing money to buy bonds capital will flood into gold and silver.
The US treasury has already started using T bills to buy bonds. Thats like paying your mortgage with your credit card. It's unsustainable.
1
u/BigBry36 2h ago
There are investment grade bonds that are trading at a 20% discount yielding between five and 6% and have a yield to worst of almost 7.5%
4
u/Silver-Honkler 13h ago
The best advice I ever got on buying silver: It's supposed to hurt a little and be a little scary. I've made so much fuckin money it's ridiculous.
5
3
u/Pi-Richard 15h ago
I first bought PMs in 1989. The price fluctuates but I don’t think about it too much. I don’t see it as an investment. I see it as insurance for our fiat currency.
3
2
u/random-letter-number 15h ago
If you aren’t selling then dips like this are an easy buying opportunity. You are 31. Theoretically you’ve got 35+ years before “retirement” whatever that looks like in 2070. What do you think spot price will be 2072?
2
4
u/Old_Dragline_1965 15h ago
I’m in the same boat. My average is around $37/oz.
Personal, I don’t think things will get much lower. Dips like this have happened in every bull run.
We are on the right path. The only thing to do is keep walking forward!
4
u/JacksonAttack-son 11h ago
Yall need to stop with this “hold forever” mind set, you’re losing money. Dealers around me were offering 15$ back of spot and I sold some of my stack. Bought back what I sold and more with that money when it dipped down to 58$ the first time. You guys seen the gold/silver ratio go from 100 to 48 in 7 months and didn’t sell any is crazy. Do what you want with your silver, but this “never sell” crowd is wasting their stacks potential
1
1
u/-Germanicus- 6h ago
This is such a wise lesson. Even if it's just capturing gains on a part of your stack, since selling the whole thing quickly can be hard to do off the books depending on the amount.
I learned this lesson too late, but I had only just started and really didn't want to part with stuff that I had worked hard to get at great prices just months before. I'm still up realistically 35% min if I was to have to sell, but that's terrible compared to 270% in Jan. I was expecting to hold for years, so I just had trouble changing my plan quick enough to see the bigger picture. I'm still happy I have an insanely low dca given when I started, but that's not much of a consolation prize.
2
u/makomark26 15h ago
Nervous Why ? You mean the $60 catastrophic plunge from the highs ? or this little blip ? Relax , your joints are still forming at your age .Let's pray for $48.50 (so we can pick up monster boxes At $50 oz ) It's gonna be okay ,Chill -)
1
u/StacksAndData 14h ago
$35/oz is good dca. I remember in 2020 when everyone thought silver was gonna rip past $30 in like September and there was crazy buying at like $25-27 , and they all had to wait about 4 years for $30+
1
u/Born_Elk7497 14h ago
Chill and block it out. I’m relatively new to silver but not new to commodities/hard assets/btc etc. We’re right on schedule IMO. My guess is we see high $40s and a gsr of ~100. Then we party.
1
u/Unique_Connection_57 14h ago
Look at the price today, last year. Then look 5 years ago. You know what to do.
1
u/SirBill01 14h ago
From X various people are thinking silver stays low until mid November or so, maybe into December... but then up from there. Hang on, however you can.
1
u/smokelover1234 13h ago
Not nervous at all. I know armt some time in the future silver will be allowed to trade fairly. I will sell some then
1
u/Wrong_Lawyer_69420 13h ago
The value of silver can never be zero. The value of any stock and bond could be.
I have USAir and Enron stock if you would like some.
1
u/Comfortable_Fox1105 12h ago
I just keep buying each month, around 3-10oz depending on my cash flow for the month.
1
1
u/Farmvillacampagna 10h ago
Still sitting on my pile. 😊 $ cost average of $14 per. Not letting it go till it hits the number in my mind.
1
u/-Germanicus- 6h ago
I feel you. It's knowing you could had sold off your stack at such a profit that you could have still bought it all back after the bubble and had a decent amount of extra cash left over.
I had just started stacking in 2025 and was at around 400oz when the Jan came along. I couldn't convince myself to sell, because I didn't need the money, but I failed to realize the point above. I'm also at 500oz now and a $35 dca, so this one hits close to home, lol. For me I worked extremely hard to get the dca so low despite having started so recently, that I got too attached to my stack. Lesson learned, but I doubt a real selling opportunity will return any time soon.
If you might need the cash soon, I strongly urge you to liquidate at least some of the stack later this month. If you end up not needing the cash, I believe you will be able to buy back the metal at the same $ amount next year sometime.
1
u/Potential-Ad-6787 5h ago
You're still $20/oz ahead of the game. Unless you're 80yrs old ready to cash it all in and bought when it was 80+ there's no reason to be nervous. Keep on stackin.
1
u/Casual_ahegao_NJoyer 5h ago
This is a cash crunch
Hold strong and wait for folk to realize they turned the printers back on a month or two ago
1
u/aged_spartan 4h ago
Stacking Silver is like a whitewater ride. With it being such a small market and the major manipulation make it so much worse. If you believe in the value of silver and the drive to see it thru it will one day pay off IMO. Ive seen many who didnt live to see the big pay off they were waiting for. I'm afraid I may be one of those but Im still committed to the idea of investing in real value. its paid off in my stack is worth more than I paid for it. I do believe that time is approaching. Things seem to go faster as we get closer to "The Event". Hopefully this cup will conclude itself and blast past the handle much sooner than the last Silver cup and handle did. lol
1
u/ClueOk1833 4h ago
This war will guarantee the relative power of usd and euro will decrease. Think in terms of decades. Not days
1
u/Miserable_Sky_8640 3h ago
I paid $13 an ounce when I first started. I bought some at $50. I have seen silver go down more times than up but it's still higher. I would not sell at $120 an ounce because silver is real money. As long as the government prints and spends I can guarantee tilver will go up in dollar value over times like everything else. However unlike other things silver is money if the dollar crashes.
1
u/estimated-loss 2h ago
I have bought a bunch of stuff to look at (a kangaroo, panda, Tudor, maples, Morgans, eagles, etc) with the intent to hold and keep looking at them. Mostly near mint, numismatic - things I feel like preserving.
On these dips I'm picking up a little of generic ASE, maple, whatever I can find a deal on. Those might be sold in the future.
We aren't gonna use fewer electronics in the future, the dips don't bother me and hopefully won't bother you soon.
1
1
1
u/Biggman23 41m ago edited 36m ago
Its going to get strong support around 45-50. Gold is targeting 3900.
The people calling for 20s and 30s, I don't believe follow market trends or charts. They just want to buy more. Which is not very logical tbh. You invest because you think it'll have higher value than cash. That mindset is the opposite.
You're buying it to combat inflation and don't mind the volatility compared to gold, and are hoping industrial needs makes it take off, no? So the people who want 20s and 30s.... Why are you buying it if you think it won't be an anti-inflationary measure? You should want it to go up....
To just match inflation rates it should be high 40s, low 50s at least. Or you may as well hold cash
1
u/Aggravating-Pay8187 10m ago
30 Years Old and DCA is $30 over the last 4 years. First ounce was $24 and last ounce was $36 until recently where I started buying at $60 again. Over 4300 ounces and still adding. Not worried one bit because soon our wealth will be measured in ounces, not dollars.
1
u/New-Masterpiece7375 13h ago
Nope just keep buying. What go's up must come down. When that orange 💩😈 leaves office and them real numbers come out you'll wishing you jumped in at 60.
1
0
u/No_Procedure4924 14h ago
I mean I kind of wish I sold at $120, just dragged my feet though, knew it would crash too. It will probably break $1,000 in our lifetimes, hodl.
6
u/dmfwio234540 14h ago
But nobody was buying at that price. Ask anyone who timed it perfectly and tried to sell at that time.
Even if you win you still don't get full amount
2
u/Temporary-Match6062 14h ago
I bought 30oz at $120 lol, still firmly believe silver will realistically go to and remain at around $150
1
u/JacksonAttack-son 11h ago
Greedy pigs go to slaughter. I’d take a small win over no win. I’d take 15$ back of spot in January all day over spot today.
1
u/dmfwio234540 3h ago
Right but everyone talks about buying at $30 and selling at $90 but also disregarding so many costs of premiums when buying and fees when selling and pretending it's anything more than speculation and hoping the dollar value drops so shiny metal increases.
1
u/JacksonAttack-son 3h ago
Who is disregarding premiums and selling fees? It’s simple math. There was so much money to be made by stackers this year and not enough of us took advantage cause there’s a bunch of “Hold!” People in here. If you bought at 30, sold at 90, shops were offering 15$ back, you made out like a bandit, with the opportunity to get back what you sold for less just a few months later
0
u/PaintitBlueCallitNew 13h ago
Wrong, I was offered 3$ over spot on my monster box up here in Canada, at a dealer that has been around forever.
1
u/dmfwio234540 12h ago
Right so what was the price? And did the exchange actually happen or just a quote?
0
u/SlackerStacker26 14h ago
My stocks are all taking a dump lately and it makes me mad. I don't sit there and see her that I can buy more stock to lower my dollar cost average. I want it to be high and go higher.
Sometimes I think the "more chance to buy" is just trying to spin a yarn
0
u/dmfwio234540 14h ago
Just remember that at these prices at least someone will buy it from you rather than when prices were high and the physical market liquidity tanked and no shops would actually buy at that price.
32
u/Wadro420 15h ago