Silver and the Fed - my take on the latest rate decision
- •Well, another Fed announcement, another round of speculation and some predictable jitters.
- •I mean, let's be real, the market *expected* a hold, but there's always that little part of you that wonders if Powell will throw a curveball, right?
- •My silver stack has been a slow and steady accumulation since I retired from the Navy back in 2008.
Well, another Fed announcement, another round of speculation and some predictable jitters. I know a lot of folks here are focused on gold, but for me, silver has always been a key component of my inflation hedge, and seeing the latest rate hold made me reflect on my holdings. I mean, let's be real, the market expected a hold, but there's always that little part of you that wonders if Powell will throw a curveball, right?
My silver stack has been a slow and steady accumulation since I retired from the Navy back in 2008. After so many years dealing with the unpredictable currents of international relations, a tangible asset felt like solid ground. I’ve always treated it as insurance, not a get-rich-quick scheme. I tend to hold more in physical coins – mostly Eagles and Maples – rather than ETFs just because I like the actual possession. Walking into my safe deposit box in Virginia Beach and seeing those gleaming stacks always gives me a sense of security that a line item on a brokerage statement just can’t replicate. With a portfolio hovering around the $3 million mark, I keep my silver exposure at about 8-10%, which feels like a good balance given my long-term outlook.
What are others thinking about silver’s trajectory now? I'm not looking for market predictions, just genuine insights. Are you increasing your stack with these relative stability signals, or holding back? I've been considering adding a bit more, maybe some more pre-1964 junk silver, just to diversify the types of physical silver I actually hold. It’s a slightly different animal than the bullion coins, but I appreciate its historical value and lower premium. Anyone found good deals on junk silver lately without getting fleeced?