RE: When A Pandemic Impacts Your Silver Stacking

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RE: When A Pandemic Impacts Your Silver Stacking

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minismallholding in Silver Gold Stackers • 4 years ago

I love the tips you've added throughout this. My daughters also have silver and gold, but my youngest took a bit more interest and has more personally than my eldest. I could maybe have used your tips sooner! 😅

Physical silver was getting harder to come by even before the pandemic, but I think it certainly compounded the issue. Apparently there are more people wanting to exchange their paper silver for physical and as that outnumbers the physical it's causing a shortage. Glad you finally got your pandas!

4 years ago in Silver Gold Stackers by minismallholding

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sumatranate 4 years ago

Thanks for the feedback about the tips.

My oldest is definitely more interested in precious metals at this time. There are several factors in play. I will keep encouraging my other kiddos to consider investing some of their own money as well.

As parents there is an interesting balance between wanting to invest on behalf of our kiddos and teaching them how to invest themselves. Still a work in progress, but one I enjoy greatly.

And with that shortage the price has gone up. That is both good for those of us who have a bit of a supply, but hard for new people wanting to get in for the first time. Another great life lesson - supply and demand

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misterengagement 4 years ago

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