Got a good thing going with silver, wondering how others approach it.

Richard Garcia

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Got a good thing going with silver, wondering how others approach it.

richard_garcia👑Elite (1m-5m)

less than a minute ago

Key Takeaways

•Been a pretty staunch gold bug for decades, ever since my energy sector buddies were all swearing by it back in the ‘90s.
•My Gold IRA is easily the largest chunk of my 2.5m portfolio, and honestly, it’s done me well.
•But lately, I’ve been looking more and more at silver.

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Been a pretty staunch gold bug for decades, ever since my energy sector buddies were all swearing by it back in the ‘90s. Stacked a pretty respectable amount of yellow metal over the years, felt like a safe harbor especially with all the volatility I’ve witnessed in the markets since retiring. My Gold IRA is easily the largest chunk of my 2.5m portfolio, and honestly, it’s done me well. But lately, I’ve been looking more and more at silver. Started really diving in the last couple of years, mostly physical, some PSLV too.

My reasoning is simple: the gold-to-silver ratio. It’s been bothering me. When I first started really looking at silver, it was still pretty high. I saw the potential for a serious correction and felt like silver was undervalued compared to gold. So I started DCAing about $5k-$10k a month into various silver products – Eagles, Maples, even some generic bars. I’m not talking massive hauls like some of the posts I’ve seen here, but a consistent, steady accumulation. I’ve probably got about $150k in silver now, sitting in a safe deposit box down here in Houston, just down the road from my house.

I guess my strategy is two-fold: one, I still see that ratio normalizing further, and two, the industrial demand for silver just keeps growing. With all the tech development, solar panels, EVs… it feels like silver has an excellent fundamental tailwind that gold doesn't quite have in the same way. I'm not looking to get rich quick, just protect my wealth and potentially see some decent appreciation over the next 5-10 years. Are others making similar plays with silver right now, based on the gold-to-silver ratio or industrial demand? Or am I missing something crucial in my outlook? Always curious to hear different perspectives.

Mainly, I'm just curious if anyone has a similar strategy or if you're leaning more towards one metal over the other and why. My wife thinks I’m becoming obsessed with shiny objects, but hey, it's better than staring at boring stock charts all day, right?

3 comments

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Best Answer▲ 7 upvotes

joshua_phillips🏆Advanced (250-500k)

It's interesting how everyone has their own rhythm with precious metals. While gold has always been the superstar, I've actually found silver to be a really compelling play lately, especially with the gold:silver ratio being what it is. I get the "safe harbor" appeal of gold, totally, but sometimes the bigger swings in silver can offer some pretty sweet opportunities for growth. Just a thought!

Comments (3)

jason_morgan💰Established (100-250k)Real Investor✓ Verified•less than a minute ago

Dude, I hear you! I was in a similar boat, just gold, gold, gold for years. My dad was always on about it, so it was just ingrained. Then a few years back, my buddy started really hyping silver and I dipped my toes in. Honestly, it's been a pleasant surprise. The price points make it easier to accumulate more volume, which scratched a certain itch for me. Still love my gold, but silver's definitely found a place in my portfolio now too.

karen_robinson💼Starter (0-50k)•less than a minute ago

Hey, that's interesting about the silver. You mentioned your "Go" in the excerpt, but it cuts off there. Were you going to say "Gold IRA" or something else? Curious what your strategy is there.