The recent market action on metals reinforces the critical importance of self-custody of those metals:
When the DOLLAR value of metals goes down, it doesn't cause your physical ounces to vanish. So when gold or silver go down in dollars, you have lost nothing in the real world. You still have all the same metals with all the same utility and properties that have outlasted the rise and fall of countless currencies and civilizations.
But when you "own" stocks, and those stocks go down, you suffer actual financial losses because you don't self-custody those stocks, your name isn't on them, and they have NO UTILITY outside of your ability to sell them to someone else, typically for dollars.
That's why buying stocks in a hype market is a fool's errand. No matter how much you think you own, you actually still own nothing but a voucher to be sold for dollars.
But when you stack metals, you own physical material, created through the fusion of atomic elements in exploding stars, that has immutable, universal properties that cannot be counterfeited or "printed" into existence.
That's why, in my opinion, stacking metals on a regular basis at almost ANY price is the wisest path to protecting assets and surviving currency collapse. Self-custody is king, and by owning it yourself, you eliminate all counter-party risk.
Even if the entire stock market craters, your gold and silver is safe and can't just vanish in a bail-out or a currency reset. And when metals are lower in dollars, that's the best time to accumulate them. That's exactly what I'm doing right now, and between now and 2030, people will look back at posts like this one and say things in astonishment like, "HOW DID HE KNOW?"
Not difficult, actually. Lots of us know where over-printed currency and over-priced stocks are headed. In fact, it's rather obvious at this point.