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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 06:10:51 JST
Hoss Delgado
This week I learned the biggest downside to physical silver stacking is that as price volatility rises, liquidity from coin shops dries up completely. That's a bit of a problem when you just got slammed with a few grand worth of bills you need to pay. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 06:13:47 JST
Hoss Delgado
APMEX threw a $72 quote at me a couple days ago when spot was still above $87. I probably should've just taken it lmao. -
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Tyler (tyler@nicecrew.digital)'s status on Sunday, 17-May-2026 06:13:48 JST
Tyler
Yeah coin shops aren't going to buy at a loss lmao -
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kaia (kaia@pleroma.soykaf.com)'s status on Sunday, 17-May-2026 06:22:14 JST
kaia
@Hoss do you stack coins? which kind?
I like having one coin from many types, which is bad stacking practice, but I don't intend to liquidate it anywayHoss Delgado likes this. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 06:30:57 JST
Hoss Delgado
I got Britannias, Krugerrands, generic buffalos, bars, US junk silver, all kinds of things. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 08:29:41 JST
Hoss Delgado
I'm not going to dump my stack, but I am resigning myself to get jewed on the spread letting go of all small piece of it since I need liquidity now and I'd rather not pull it from my equity positions. -
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pepsi_man (pepsi_man@poa.st)'s status on Sunday, 17-May-2026 08:29:42 JST
pepsi_man
@Hoss @tyler
Now is the time to jump out of PM's if anybody is locking in these prices. -
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Tyler (tyler@nicecrew.digital)'s status on Sunday, 17-May-2026 13:13:54 JST
Tyler
I'll take it into consideration. I'm up by a lot, like 80-300% in some cases, but considering inflation...... Less than that for real spending power. Hoss Delgado likes this. -
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Tyler (tyler@nicecrew.digital)'s status on Sunday, 17-May-2026 13:13:55 JST
Tyler
Are you sure? -
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pepsi_man (pepsi_man@poa.st)'s status on Sunday, 17-May-2026 13:13:55 JST
pepsi_man
@tyler @Hoss
Just me talking. Yea.
Remember in the '08 crisis and PM prices spiked for a few years? I'm guessing we're in a high point, so now would be a selling time. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 13:30:53 JST
Hoss Delgado
I ended up dumping 50 Britannias for $63. Couldn't be helped, I needed cash. Still sold for a solid profit. -
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Soy_Magnus (soy_magnus@detroitriotcity.com)'s status on Sunday, 17-May-2026 13:30:54 JST
Soy_Magnus
@Hoss how bad did they take you‽ ive saved my silver but imonlybuying gold and copperpennies now Hoss Delgado likes this. -
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Coon Appreciater (mebigbrain@poa.st)'s status on Sunday, 17-May-2026 13:32:00 JST
Coon Appreciater
Metals or gems only work as long-term investments, you keep them to weather collapse or instability Hoss Delgado likes this. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 13:34:45 JST
Hoss Delgado
Which is why the majority of my investments are in commodity sector equities, easier to get in and out of even on thin order books compared to physical. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 15:29:23 JST
Hoss Delgado
I keep as little in cash as possible. This has served me well for years, I've managed without having to liquidate anything up until now. -
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御園はくい (hakui@tuusin.misono-ya.info)'s status on Sunday, 17-May-2026 15:29:25 JST
御園はくい
@Hoss >he doesn't keep several months' worth of expenses in cash
yes inflation eats it but it's better than having to liquidate your investments -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 15:31:26 JST
Hoss Delgado
Much of my financial strategy has been facilitated with credit, which admittedly seems somewhat paradoxical given my contempt towards the banking system. In practice, I exploit it as much as possible without paying toll to banker kikes, which means I always pay off outstanding balances in full and exploit 0% APR intro promos so I can take advantage of the liquidity consumer credit provides without ever giving them a dime in interest. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 15:44:00 JST
Hoss Delgado
I liquidated less 10% of my stack from shit I bought in the low-20s. Did I get jewed? Yeah, I did. But I'd rather get jewed on trimming physical than trim from my mining that are undervalued relative to spot appreciation. -
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御園はくい (hakui@tuusin.misono-ya.info)'s status on Sunday, 17-May-2026 15:44:01 JST
御園はくい
@Hoss >until now
turkeys too have good lives until now (thanksgiving eve) -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 15:54:29 JST
Hoss Delgado
Considering my hours got cut this year, in all likelihood the long-term capital gains income from the sale will remain under the poorfag limit and I'll pay 0% :marseycheers: -
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御園はくい (hakui@tuusin.misono-ya.info)'s status on Sunday, 17-May-2026 15:54:31 JST
御園はくい
@Hoss so did the IRS
taxman.jpg -
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御園はくい (hakui@tuusin.misono-ya.info)'s status on Sunday, 17-May-2026 15:54:32 JST
御園はくい
@Hoss you put yourself in the situation by having no cash nigga -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 15:54:32 JST
Hoss Delgado
Yeah, I did. Objectively, it still worked out. I ran lean on cash for years and this was the first time it became a problem. I've still profited from the strategy even after the sudden haircut. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Sunday, 17-May-2026 15:54:33 JST
Hoss Delgado
It can't be helped. Obviously, I'd prefer to sell nothing. Unfortunately, life put me in a situation where I had to triage my positions. -
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御園はくい (hakui@tuusin.misono-ya.info)'s status on Sunday, 17-May-2026 15:54:34 JST
御園はくい
@Hoss still eating your seed corn :smug1: -
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御園はくい (hakui@tuusin.misono-ya.info)'s status on Monday, 18-May-2026 07:45:25 JST
御園はくい
@nerthos @kaia @Hoss https://thick-coins.net/ come pre-stacked -
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Qadse Sanur Qut ibn Quaadibz :catsader: (nerthos@shitposter.world)'s status on Monday, 18-May-2026 07:45:26 JST
Qadse Sanur Qut ibn Quaadibz :catsader:
@kaia @Hoss As long as they're flat on both sides don't listen to the haters you can stack anything In conversation permalink Hoss Delgado repeated this. -
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Hoss Delgado (hoss@shitpost.cloud)'s status on Monday, 18-May-2026 07:46:20 JST
Hoss Delgado
This man is a Trve visionary. In conversation permalink
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