Young and Older Folk Portfolio Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chowder who wrote (21366)	10/17/2025 3:39:09 AM
From: Chairo Kiisu Ichiro	15 Recommendations Recommended By chap107 chowder Das Kapital ddbpaso jritz0 and 10 more members Read Replies (2) of 21977

My apologies, but saw jritz0's comment on SA and thought I'd take a look -- and intrude with a comment. Over the years numerous articles on central bank gold acquisition[1] gave me reason to resume buying Sprott's *Physical Gold and Silver Trust* (CEF). The price run-up over the past five+ years has been unexpected[2] -- thought would have more years to acquire additional shares at a substantially lower cost. Similarly, started buying *Majestic Silver* (AG) in early September of this year -- due to my belief we're likely to experience a shortage of silver within the next five to ten years[3] -- and was disappointingly surprised when the share price ramped up immediately after my initial purchase. Like my experience with CEF thought I'd have a year or more to acquire shares at a lower cost. Too often tend to think linearly in a very non-linear world. Best wishes, Kiisu PS Charts from Finviz.com CEF: ht tps://finviz.com/quote.ashx?t=CEF&ty=c&ta=1&p AG: ht tps://finviz.com/quote.ashx?t=AG&ty=c&ta=1&p=d 1. "Countries went on a gold-buying spree before coronavirus took hold – here’s why" (May 2020) ht tps://theconversation.com/countries-went-on-a-gold-buying-spree-before-coronavirus-took-hold-heres-why-138173 "Gold Demand Trends Full year and Q4 2020" (Jan 2021) ht tps://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-full-year-and-q4-2020/15505 2. Started buying CEF decades ago in my 401(k)[A] -- back when the fund was named the *Central Fund of Canada* and paid a small annual dividend each Nov. In late 2018/early 2019 convinced myself to sell it all -- thousands of shares -- at almost $13/share. Bought a number of DGI companies with the results and gleefully patted myself on the back. About a year later (in early 2020) decided I'd been somewhat hasty -- though continue to find the increased anticipated annual dividend income comforting -- and started reacquiring shares of CEF. 3. [ In 2023 alone, the silver market experienced a 15% supply deficit. Furthermore, the market is expected to reach a cumulative deficit of 1,093.4 million ounces from 2020 to 2024. ] ht tps://www.visualcapitalist.com/sp/silver-the-unsung-hero-of-the-new-economy/ --- A. Part of the compensation package during my non-federal consulting days. B. A few years after retiring, rolled the 401(k) over to a tIRA followed a short time later by a ROTH conversion.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next