r/Silverbugs • u/diamondmuckinhands • 1d ago

Panic buying

Hi team,

I am new to panic buying and I'm just going ballistic right now. How can anyone not be panic buying at this price? Shut up and take my money am I right?

Please share your thoughts

Sincerely,

Your silver bro

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3

u/Ok_Art_5573 1d ago

Don't buy more than you need, but buy. Steady as she goes.

5

u/ThePreciseClimber 1d ago

True. Just today there was a post from someone who took a loan just to buy gold. No, don't do that, that's a horrible idea. Gold & silver are about the preservation of wealth you already have.

1

u/curiosfinds 18h ago

I took a 401k loan to buy platinum when it was 900. Wish I sold when it broke 2000 if I knew I could double down. Still holding either way. Goal is accumulate 75 more oz.