Profit

[Roy]

At a guess, I'd say that most people are 'in the green'...their stock is worth than they paid for it.

At least, all those recent stackers? Certainly gold if not both.

 

 

[Shinus73]

Started stacking in 2010, so bought a lot at prices well above where we are now. Having said that, I also bought a lot at prices lower than we are now, so I'm currently about level on my gold and silver combined.

[Danny-boy]

I'm just about in profit right now at £11.87 spot price.

With a £11.72 average, that puts me about £15 in profit [emoji1]

Whoopy doo!!!

[Roy]

Cheers guys. I asked this question not to take the mick or for anyone to boast but as an example to the new guys here, that it's a challenge.

'The value of your investment can go down as well as up'

[KDave]

According to the home made magic spreadsheet for physical, I am down 7.19% on silver. I am up in gold 5.36%. Overall I am only up 3.02%. It would be higher but for a few recent gold purchases and lots of silver buying over the last few months. Highest spread (buy cost to spot value at the time of purchase) on my sheet is Silver 2 Oz turtles at 21% cost above spot delivered. Silver kilo bars are a bit better at 15% above. Gold premiums are between 2% and 6% on the main of the stack. The most expensive fractional was 21% above spot, 1/20 oz, an early mistake. I am 83% in gold, 17% in silver.

Puts into perspective the reality of stacking physical silver vs gold in the UK and the distance between the two when it comes to potentially making a profit (or even just breaking even). Still need to factor in postage costs when selling don't forget - sending a few kilos insured costs a lot more than sending a few ounces. If you can walk into a coin dealer then its a bit different of course!