It amazes me how many people love to buy precious metals when metals are at or reaching all-time highs. Furthermore, those same people when metals feel undervalued, they stay away from them like the plague. Its because we, as humans, tend to live in the now.
I remember back in 2011 when Silver made its incredible run up to $49 per ounce we couldn't keep enough silver in stock and our phones wouldn't stop ringing. Every news station was talking about silver, and everyone wanted silver.
During all this hype around silver, one of our long-time customers approached us about buying a monster box (500 oz) of Silver American Eagles, and we did everything we could to talk him out of it. Silver, at the time, was over $48 per ounce which means he paid about $26,000 for that monster box of Silver Eagles. Today, a monster box can be purchased for less than $10,000. When silver was trading at $26 an ounce, this same guy wouldn't give silver a thought.
My point is that too many people fail to take advantage when precious metals or rare coins are undervalued. They get stuck looking at a little segment in time rather than looking at the big picture.
News flash, the stock market will collapse. This rip-roaring economy will eventually stop. Maybe not tomorrow or next year, but we are not going to live the rest of our lives in a bullish market.
Now, I'm not a "doom and gloomer." I'm just very practical. I know that precious metals enjoyed an 11-year bull market from 2001 to 2012. And now the stock market has been bullish for several years now, but that will eventually come to an end.
When this happens, all the money is going to start to flow to safe-haven assets like precious metals and rare coins. And when it does, prices will rise. If you really want to "win" at the precious metals game, take advantage of the market when most people have their attention elsewhere. That's it. It really is that simple.
So I implore you, recognize the opportunity that's in front of you today and take action. Focus on the big picture. Now is the time you should start stacking!