My Gold, Silver and Oil insurance Policy

Physical gold is a little expensive for me to buy so I stick to just trying to accumulate silver. Relative to gold it's cheap, so I buy some when I have the money.

I spent $3800 yesterday on;

100 Silver Dollars
100 Half Dollars
164 Quarters
504 Dimes

All Canadian Junk Silver

As they say they're not making it anymore so buy some. You know like real estate in desirable areas.

It's just a belief system I have that with all the money printing silver and gold are going higher. These are just a 24-36 month hold for me. Lots of angst and fear out there to warrant buying an insurance policy for your portfolio. This is mine.

Of course junk silver is not your only choice. Pure bullion is also good. I own 225 Cdn Silver Maples which are now selling for $32 depending on the day and what dealer you use. I've purchased some as low as $24.

So that portion in today's market is worth 225 X 32 = $7200

I own various lots of American Junk silver in quarters and dimes. I stay away from their bigger stuff or dollars. Their silver eagles are the most over priced coins on the market @ over $35.
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I'm at least close to $20K invested in physical silver.

Gold Stocks

I own the following positions;

Argonaut Gold

Alacer Gold

Abitibi Royalties

B2 Gold

Dundee Precious

Eldorado

Equinox

First Majestic

Fortuna Silver

Great Panther

McEwen Mining

Novagold Resources

Nighthawk Gold

Pretium Resources

Roxgold

Americas Gold and Silver

Wesdome Mining

I prefer to hold and own my gold inside mid-tier mining companies. Most of these positions were accumulated during the March/April time frame.

NHK.TO is my only holding in the red. It is very volatile.

With physical silver and gold stocks I have about $180K invested in this sector. Yes big commitment but as I like to say buy when it's cheap and you have the money. Sell when it's expensive or you need the money.

Speaking of cheap. Did you buy any oil stocks when the price of crude went negative? Why not? That is when they were the cheapest in years. Even year to date they have lots of room to run.

My Oil Stocks

Enerplus

Ensign Energy Services

Freehold Royalties

Horizon North Logistics

Nuvista

Torc Oil and Gas

Vermilion

Whitecap Resources

VET is still in the red. I invested $40K in this sector. Should have loaded up more as demand picks up and supply stocks start to draw down. Oil tankers are starting to be emptied as we slowly get back to balance.

You can also look at ARX, CPG, BIR, GTE, TVE and the list goes on.

Update

I have not sold one single stock in my DG retirement portfolio. Only adding to banks, utilities and pipelines.

The stocks listed above are not buy recommendations, just what I hold short term.

Try to stay positive and look for opportunities during covid where assets are cheap.

I didn't stock up on TP, flour or yeast. I bought silver and cheap oil stocks with a sprinkling of gold stocks. Things I can sell quickly if need be.

How about you? Do you own any gold and silver in any form. If so what and if not, why not? Curious on your thoughts.

What do you think of my new insurance policy?