I have the same thoughts, sis. So it is the start of another buying cycle for me. Buying silver and gold is so much in my system now, that I am not comfortable not getting any. Since I buy my gold first before silver.. and with the price of a 1/10 oz gold today, it is either I get only the gold piece and just one or two ounces of silver. The principle I follow is to exchange fiat for precious metals. To some extent, the increase in spot (or any product price) is of course is an indication of the devaluation of the fiat (and the manipulated supply). So the higher the spot price is, the more compelled I am to get at least a few ounces. Besides, I go by my fiat budgeted amounts, not by ounces. The increase in spot would only mean fewer ounces in shinies.
Have a wonderful weekend ahead, my sweet sis @kerrislravenhill. 🥰🌺🤙. Lots of love💓💝 and a million and one Hugs and Kisses 🤗💕💋!
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I'm kind of eyeing my Emergency Reserve again , could I roll the Dice and hope that no emergency comes along?
I think it would be best not touch your emergency fund, my dear sis... and use it only for true emergencies... and you would know what that would be when it occurs!
I placed a cap on my emergency fund, which I already have reached (because my emergency fund is not a big amount). I used to classify car repairs, house repairs as "emergencies" (because in years past, those were always a case of an emergency need for cash or credit, LOL)... but now, I have budgeted a small amount every month for those "emergencies" so that I will not have touch the emergency fund. And I did not come to this decision on my own. I happen to be reading about emergency funds, and this was a key to success in saving for one of the writers. And is working for me!