Silver's been good to me - anyone else bullish on it for the next decade? (Louisville, KY)
- β’Thought I'd share a bit about my silver journey, see if anyone's got similar experiences or different takes.
- β’Been stacking for about seven years now, mostly physical, and it's been a ride.
- β’Started with a relatively small amount, thinking of it as a hedge against inflation and just general market madness.
Thought I'd share a bit about my silver journey, see if anyone's got similar experiences or different takes. Been stacking for about seven years now, mostly physical, and it's been a ride. Started with a relatively small amount, thinking of it as a hedge against inflation and just general market madness. I'm sitting on somewhere around $20-25k in silver now, part of a larger portfolio that's mostly in a diversified IRA. For me, it's about tangible assets. I own a horse farm out here near Louisville, and while the land itself is a great asset, I like having something portable and universally recognized as value. It's a different kind of reassurance than looking at a stock ticker, ya know?
My strategy has always been pretty straightforward: buy on dips, average in, and don't chase spikes. Iβm not trying to get rich overnight, just preserve wealth and have a solid foundation. Iβve bought everything from junk silver US coins to 10oz bars, and a few 100oz bars when the price was right. Had some emotional moments during the wild swings, especially back when it shot up then dropped. Managed to resist selling low, luckily. My wife always raises an eyebrow when another package from my preferred dealer arrives, but she trusts my judgment, especially since I'm pretty conservative with everything else.
I'm looking at the next 5-10 years and feeling pretty bullish on silver, maybe even more so than gold in some aspects. With all the talk about industrial demand for solar, EVs, and electronics, it just seems like the supply/demand picture is tightening. Plus, central banks printing money like it's going out of style just screams "inflation hedge" to me. I've heard some talk about a potential silver squeeze similar to what we saw a while back β anyone actually think thatβs a real possibility, or just wishful thinking? What are y'all's price predictions for silver in the next few years, and how are you adjusting your stacking strategy?