The Prowler
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Precious Metals 2026 - Gold, Silver, Platinum & Palladium
- Thread starter Joe
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Joe
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Actually I did well on my latest Silver trade, Lex @The Prowler . Bought low sold high. Made a profit. While it is possible that Silver has more room to run & could one day hit $100 per ounce, I decided to get out. Still have about 20 oz left. But I've never felt comfortable about holding too much Silver. If the price falls I might be interested in buying it again. Mind you those who bought 500 Monster Silver boxes when the price was $20/oz must be laughin. I could have bought one too. Most I've ever owned is about 200 oz.
As I told you I don't profess to be an expert in the Stock Market Prowler. I'm strictly an entry level novice investor. Nevertheless Ive managed to make some gains and all my accounts are Up, in the black.
That being said, I'll likely be trimming those accounts, getting rid of the low performing stocks and keeping some cash on the side. While 2026 potentially could be a good year for SOME stocks, the outlook seems dicey. Just like Silver, I'd rather not be too heavily invested in the stock market either.
Do the Warren Buffett approach. Be halfway in, half way out. Have one foot in the pool, the other on land eh.
That's how I'm gonna do it. No right nor wrong but I'd rather have a path to safety than get totally singed like I've seen others I've known.
The Prowler
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Joe
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Hey Lex @The Prowler
The Silver I traded in fer Platinum turned out ta be a decent trade.
Platinum shot up over $150 Canadian/$110 US or for a 6%+ gain today Lex @ @Seamajor :
Meanwhile, Silver went up just 2%.
So it turned out ta be the right move, selling on a Saturday weekend, eh?
all that Silver I traded in got my 2 ounces of Platinum.
Lemme know ifya have any other good tips, Prowler!
The Prowler
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Joe
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Dont forget Platinum @Seamajor
Its going up too
You oughta consider trading in at least SOME of your Silver to get more Gold & maybe even some Platinum
Thats what I did. I didnt pay much for silver when the gold to silver ratio was 100:1. But now its 70:1. So you can get a lot of trade for silver now if you bought low
Historically Silver is a volatile and doesnt stay high forever. Id take advantage of the present gains. Dont sell just trade it in
But its yer money and metal so do what you please
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Joe
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I traded in 80 oz silver that I paid $20-40 each. So on average $30 x 80 = $2400?
So that was like getting FREE Gold because I never paid the current full market price for it. And tge silver appreciated faster than the gold
Easy peasy & completely legitimate & legal. Much better return than stock market
But like i say… its yer money & yer metals
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Joe
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I traded in about 65 ounces of silver for around 2 ounces Platinum. That day/week after Platinum shot up faster than Silver. So that was actually a bargain
So if Gold to Silver ratio is getting smaller so is the Platinum to Silver or Gold ratio
Anyway something to think about
Its kinda nice to hold all 3 metals
Id like to get Palladium too but its really rare and more available in the US. It is even rarer than Platinum
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Seamajor
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Nope! Not worth 3x
Seamajor
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Yep. I have some that are worth 5Xs
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