In search of STABLE RETURNS, Part 6: RECAP and kind of a Capper... My BEST BET right now in any investment...
...but first the RECAP!
We have reviewed my 3 own holdings for solid returns, the underlying token/coin looks SOLID, and the returns beat the π© out of traditional banks! Here they are in this mini-Recap:
ETH and the recently announced ETH 2.0 reboot, offering staking and annualized returns for HODLING 32.00000000 ETH in 32 coin blocks. Cited to be a 4.0% to 10.0% rate, but it is still in the works. In fact, it is Past Due. If I see another buy opportunity in my others I may sell off the 32 ETH and reallocate to something else. Right now it is sitting there and waiting for the launch.
See it here: https://hive.blog/news/@spinvest/in-search-of-stable-returns-part-2XTZ or TEZOS (pet name "tezzies" π) XTZ is paying rewards even in a Coinbase wallet, but I am thinking of getting my own wallet and harvesting MOAR!
See it here: https://hive.blog/news/@spinvest/in-search-of-stable-returns-part-4COMPOUND (COMP) just launched on Coinbase a month ago, they don't even appear to be tabulating the rewards yet but they always do give it out, and yes, so far, always retroactively. But this one had a huge PUMP after the CB hosting, and a 5x return. So prolly best to get in once the prices settle a bit. It seems to be leveling off now, I've seen consistent prices for a bit in the $160's and $170 ranges. But caution is still advised. It was like $35-ish pre-Coinbase. Still inflated for old HODLers, will they take the bait and sell or stay for the Interest Dividends? What would YOU DO?? Sell at 5x or HODL for a max (so far) 4% annualized return? Most will take the 400% profit as opposed to the 4%, further price drops likely...
See it here: https://hive.blog/news/@spinvest/in-search-of-stable-returns-part-5
...my BEST BET RIGHT NOW!!! >
SILVER
RIght now, the Silver Markets are actually experiencing actions that have been predicted for YEARS, ever since I got back in around 2010. The prediction pre-date that also, but it's been a long time coming. Mainly speaking of PHYSICAL FLEEING the CRIMEX (comex) Precious Metals Exchanges. There was a HUGE withdraw recently, and the CRIMEX has stopped the traders from accessing their SILVER. Seems they are running out?
This 4th of July week 2020. We're seeing the largest ongoing COMEX silver stopped contract delivery figures in over four decades of time. We're about to dive into details of that topic and more.
-James Anderson, SD Bullion
So that was 2 weeks ago, and SILVER Prices have risen steadily since then!!! A piece that I bought for $101 this year is now bringing $142 each, a 40.6% Gain! Of course, that is premiums included, but if silver takes off in a moon shot, no one will really care if their premiums were 10% or 30% when the overall spot price gains are 300%, 400%, 500%+!
The GOLD Alone has made a very nice return, my portfolio was so deficient in Gold that I overspent. I started in with Gold in the $1200 range (paid exactly $1200 for a Double Eagle around 5 years ago) BUT, and this is a BIG BUTT!!! lol GOLD is barely $100 under the ATH! So expect 'price actions' to come into play, maybe very soon, as TPTB can't have us seeing GOLD at $2000 U$D Per Troy Ounce! All Time High was $1921 in November of 2011, iirc. SILVER Peaked at $48.48 (actually HIT the "NUMBER" of $50 in the overnight markets, in Asia...) but that was MONTH before, again, from memory, in MAY. THIS TIME, we are seeing the reverse, and it bodes well for the small timers buying Silver! In Fact, the Gold is up a little over 11.1% and the Silver is up 31.5% so I kinda messed up when I bought 40% Silver and 60% Gold in my last PM order π€¬π€¬π€¬ Oh Well, Live and Learn! BOTH are severely undervalued against U$D issuance/inflation, conservative estimate all for Gold to be at least $3500 right now.
Gh-gh-gh-ghost written by @underground!? Zoinks!
Ranks, Raggy!
I am using Coinbase and am very impressed by all the coins thatβs been added there too! I am very interested in looking into silver too thank you for sharing your opinion π
Thanks for your input!
πͺππ
Silver is really cooking right now, up almost $5 since I bought my monster box.
All Time HIGH was $50 in 1980 and we almost hit that again in 2011, but I believe
with today's market conditions, we may zoom right by $50 and maybe even $100/ozT!
thanks for commenting SIS!
Especially watching the silver action! And i bet you like saying, "A big BUTT!"
yeah, NO TYPO lol
Thanks for stopping by!
We also like big boobs
π€π€©π€
Silver is selling for almost double spot price on eBay
Yeeee-hahahahaha
At the recent lows here in the US, (I think it hit $13 range) we were seeing $10 premiums at all the major bullion sellers! CRAZY!!! It is a little better now, but still quite high in premiums. I bought so much of my stack prior to the 2010-2011 price surge that I am in profit at anything over $20 and we did hit that number today. $20.01 and it is holding in the overnight/Asian markets. Steady as she goes, Cap'n!
Very nice post @underground you have my attention my friend!! Silver is moving....someone take the lid off and let's see how high !!π€
I had a prior canceled order at SDBullion, my funds had not yet
cleared into my account, where I had 2 monster boxes of ASE's
and the prices were realllllly SWEET π―
Just under $8000 each, dangit
I rebooted that order with more GOLD, which is good,
but I'll always wonder
π€¦ββοΈ WHAT IF? π€¦ββοΈ
I hope this was before the silver price spike today.... Hang on my friend, maybe it is time for silver!!!π€
Yes Indeed, TopperZ!
I bought a Monster Box of ATB's @$14.80 an ozT
but the premiums were high. But then again, it was like one MB at 12k instead of 2 MB @$8k each :o
My last big purchase sees Silver up 31% and the Gold only up 11%
...the worst part is that my dollar figures were like 60% Gold and 40% Silver
π€¦ββοΈπ€¦ββοΈπ€¦ββοΈ
Looking at the Kitco price today I bet you are smiling my friend!!π
TODAY (7/23/2020) I got a quote on my ATB Monster Box, and the price is enough to pay for my prior purchase of 600 ozT and the return shipping! Basically 100 ozT FREE. NO, I am not selling (yet) lol
Thats awesome @underground!!π€
I think you are correct we need to HODL ......π
The first Gold I ever bought is up about 60% π
I just wish I had bought it all at that price
πΉππ€£ππΉ
Maybe we will see a dip, it usually does.....Then maybe this is lift offπ€
Keep on stacking my friend!!!
A DIP will not surprise me at all, in fact Silver broke $23 and did dip a little, maybe
Fiddy Cent but it's back up to just under $23 at $22.88 weekly close.
I REALLY GOTTA THANK
my sales rep at SDBullion, he guided me to the best deal in basically ANY SILVER at that time, the ATB coins saved me enough money that I was able to buy 6 as opposed to 5 and now that sweet deal has me able to do what I stated earlier. I cannot say enough good things about SD Bullion!
I have always had good dealings with them too!!π
you would Shat Bricks if I showed you my orders page LOL
DM me if U wanna see it
π
@silversaver888 is the only person in this world who has...
Just glad you are stacking my friend, many people will be left behind.....
It's a bit misleading, cuz I rolled over a 401A account
So there is that LOL
Very nice that you got to roll over the 401K @underground! Years ago my company got sold so my 401k was also free to roll over......
Planning for the future my friend!!π
...if we go full on SHTF, I'm pretty well covered.
If we are just into hyperinflation, I am covered.
If things get BETTER financially, I am covered.
WHAT IF π€
Nicely stated....I am right there with you my friend!!π
Let the games begin........
Thanks this is VERY very very interesting ... hmmmm I can see some opportunities here. Like it!
Yes Indeed, but SILVER and GOLD is much harder to get in the EU, what with that nasty VAT and also not really having mining sources over there... UK and EU Stackers are very DEDICATED!!! Not sure I ever would have gotten started stacking with that type of barrier. Thank God I live in the USA π
Yup Europe isn't the best place on earth for many things. That's a fact.
Thanks...very interesting post
Thanks Shah!!
Memory in May ?
you talking about me ? π
πππ
As much as I like SOME crypto's I want something physical to have in case shtf, great read.............sure you ain't no gemini with all these diff. personality facets? :P
LOL
Like my Twitter account description says, 160 characters is insufficient to describe me! I am as COMPLEX as 160 Characters... πͺππ
A well-written article, @underground, and @spinvest! You are absolutely right... go get some silver! And if you got silver when this article was written, you know that your holdings have gone up more than a year's worth of income of most other investments!
Keep doing what you're doing, my friend, and take care π₯°πΊπ€
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