Silver dragons is a pretty good source of information! Dub C coins and precious metals on UA-cam is another good source as well. 2is1 is great if you want to dip your toes into gold. Gold is a very good investment and I prefer it to silver. Just wanted to give you more information for more research since you are starting out.
Sell whenever you need money. No need to sell if you don't need to spend anytime soon. Except if you notice an instant peak that would last a day or two, then try to sell lol. But mostly, keep it.
I'm holding all of mine until I'm ready to retire. I'm almost certain that the price of silver and gold will be much higher 25 years from now. I'm strapped in and ready to ride the ups and downs until then. No reason to try and sell when it goes up a little here and there unless an emergency of some sort pops up and I need the cash before then.
@Commin_Cents Just a little question we've been asking me a lot, how are you going to sell everything if an emergency comes? Would you be able to do it at a good price in a day?
Not to answer for Commin_Cents , but it is fairly easy to cash out your silver and gold without losing your shorts. Of course a lot of it depends on the market and what spot price is. I've got three LCR's (local coin retailers) close to me. I call them and ask what they are paying. Right now the best I found is three dollars over spot on American silver eagles, spot price on most of my 1 ounce silver rounds, and a dollar back of spot on my 10 ounce silver bars. I carry in my silver and I walk out with cash or a check. Pretty simple.
I swapped 10 kg of silver for 5 oz of gold 2 weeks ago when the ratio hit 73 oz/1 oz. I couldn't have timed it better with my newly found toy. Gold is my security and silver will be the work horse. Hedging with both is my plan.
I bought a quarter ounce gold Britannia, 10 silver 1 ounce Buffaloes, and 10 dollars face value 90 percent silver half dollars from sd bullion today. I'm going to keep buying gold and silver.
I just sold about half of my silver stack today. Sad to see, in a way, but it's my savings account and I just had to do a withdrawal for something I've been waiting to hop onto! Silver is an awesome savings account.
My entire "journey" with silver stacking, which only began in 2021, has been a spiritual experience as much as anything else. Yes, it's helped me feel more 'Prepared' for the collapse of the U.S. Dollar, but it's been so much more than that. I've enjoyed your channel and a couple others to share information and thoughts on it. I am not the biggest stacker, that's for sure---but am pretty pleased with all I've managed to stack.
Stacking has been a tremendous savings over the 6 years I've been doing it. Great hobby and wealth preservation. Nice content as always silver dragons. Always look forward to watching your videos.
Not an investment, hopefully my stack will go up in value over time but I specifically stack to hedge against inflation, and boy are we in for it with hyperinflation/ stagflation starting to linger. Stack baby stack!
Not an investment??? Just like buying stocks. Hopefully your purchase goes up over time If your putting your money somewhere hoping to do more with it than under your pillow Pretty sure that's an investment
@@UserhfdryjjgddfSilver is too volatile to always be an investment. I bought half my stack at 18.50 an oz. If I sold right now, sure I made a little money. But I couldn't count on that. If you don't stack thinking of the long term, you may end up disappointed when there is no profit after weeks or months of waiting for a crazy increase in cost.
@@hydraxc2478 Thinking long term is how people with no stop loss think about their -90% crypto accounts. It's not going to make up for bad risk management and money management.
Makes me feel a lot better about buying an not making it seem like I’m wasting my hard earned money. So many friends don’t see like I do on this but I guess more for us! Ty for the info bud, cheers!
Perfect video to explain to a beginner why you can't afford to not own silver in 2024! I started stacking in 2011. You're right! It's a great way to save a lot of money privately because you don't want to sell it especially if you've hidden it away very well because it takes a lot of work to recover it and spend it. Just buy some bullion regularly especially on dips. You will be pleasantly surprised after years of stacking! 👍
I love you showed the USS Constitution rounds in your display & your purchase. I bought 6 of those this week after seeing them on Stackers Social. I saw them recommended by a stacker in the UK of all places! So of course I ordered a few of Ebay! Crazy I got 6 and 1 was bad! Sigma test everything baby!
I buy silver because if I take the currency that's in my pocket and buy anything else it is just a product or a service that is overly inflated and usually with a certain level of lackluster results. I bought twenty rounds and a silver dollar commemorative graded by NGC in a 70 this weekend from my LCS for $600 cash. No matter what happens in the banking or currency situation in the world, I have something tangible that is always worth something of value.
I bought 10 Germania mint 1 oz cast bars last week, they are super shiny when you remove the plastic wrap and feel chunky for such a tiny bar. I also buy silver for a fun savings account. The rise and fall are a moving target to pull the trigger on a good price. Thanks SD.
I love causally collecting silver especially things I like, but when I sell some of it I never really gain anything, so I think that's an important thing to note.
The issue with buying silver as a speculation of spot pricing is you pay so much in spot fees. Right now at apmex the cheapest round is $32.63 per ounce while index price is 29.64. Unless you buy massive quantities you are instantly 10% in the hole. The cheapest gold coin is 2371.29 while gold index is 2331.30 so you ate 1.69% in fees. Whether you wanna look at silver as a quasi-daytrade thing with instant index price fluctuation or long term value, I just see gold as being better. Everyone knows either silver is being intentionally kept down in which case you shouldn't expect value growth on it or its not intentionally kept down and thats just what it is, in which case you should buy gold to avoid excessive fees. A single gold coin costs 2371 to get into your hands and is worth 2331 while 73 silver rounds cost the same and is worth 2173.
My concern about silver is price. From 2010 to 2021 silver has stayed below $20 to $30. You had some outliers at certain times. We had QE and rates at 0% during that time too. Why would silver go higher now when QE starts and rates going back down? It did not work last time. I like gold better.
When my wife (foreign born) learned that in the US she could buy silver and gold, she started "stacking" before learning what stacking meant! Wasn't long before she got me hooked too! I explained Scrooge McDuck to her and now she wants to fill a swimming pool with silver coins, and dive in!
I tried putting all of my silver in a pool and dove in. It's not like Scrooge portrayed. You cannot, in fact, dive or swim in it. In fact, I've found that it hurts.
My girlfriend is Polish and when I first showed her a poured silver bar her eyes nearly popped out of her head, she said that she didn’t think ‘normal people’ were allowed to buy bars like that, she loves my hobby now. I recently went a full month without ordering pizza and she convinced me to spend the savings on the stack, so I bought a 1/20 gold maple (I usually often eat pizza, but it’s almost £30 a pop, so I’ve cut back), she’s a keeper 🙂
Well done, i started 18 months ago 5g gold bar and have been adding monthly 1/4oz gold or 20oz silver even in that short time span the stack is coming along nicely and great to look at
Since January 11th I've managed to stack an additional 261 oz's of silver and 1/2 of gold to add to my stack...my last order was on June 14th...so I am still buying the dips and still stacking...smiles
Im trying the best I can to stack often. I’m stacking for the long term investment. I recently bought 17 tubes of silver eagles and - darn it - I want to keep it up, but I can’t sustain that kind of investing. That was about $10K - happily spent - to start me off. I need a side hustle to keep it going because my wife is still skeptical and doesn’t like what she sees as “risk”. I see “risk” as NOT stacking.
I sold some silver awhile back. My LCS gave me spot price for everything, Eagles included. I won't be buying them again in the future. Generic and 90% only for me going forwards.
@@DanCooper404 If in 15 years they’ll still be accepting generic silver (and why wouldn’t they be?) and you continue stacking, you’ll get more weight with rounds for sure. Usually though, LCS pay a bit behind spot, or at spot, for generic silver. As for eagles, LCS’s usually pay a bit above spot for eagles, so that’s a plus. But the big thing for me, is when you cash in the eagles, (or 90%) no matter how many thousands of dollars worth, you don’t pay any capital gains taxes. You do with generic silver if you cash in over $1000.00. Also with eagles, you have to stay in the game long enough for spot price to exceed the premiums you’ve paid to break even. That could take a while. So eagles are a long game investment. Between 1994 and 2009, (15 years) silver price rose 277%. Between 2009 and 2024 (15years) silver price rose 202%. Thats enough to wipe out any premiums paid for any type of silver. You wont feel a thing.
I rather stack gold Sovereigns or 1/4th oz gold coins tbh than silver. Don't get me wrong though I do like silver but the profit is in gold not silver. An oz of silver currently is worth about £23 but it could still be worth £23 in 25 years whereas an oz of gold will make its money back and then some. Gold in the last ten years the lowest was £680 and the highest was £1954. The price of gold doesn't fall as much. In 6 months silver could be back down to £17 an oz whilst gold may be at £2000 by the end of the year. I rather stack platinum over silver.
I'm just curious. Do you people have a goal in how many ounces of silver you are trying to reach to feel that you are in a good place financially? What is considered a good amount of silver to own? I'm kinda new at stacking silver, and I only have 350 ounces, and my goal right now is getting to 500 ounces. It makes me feel better having 350 ounces right now. I'm sure that's nothing compared to most of you, but I am a happy camper. Great video by the way.
I love silver great fundamentals and great opportunity but also a good way to protect your savings and hedge against inflation. Plus there are some really cool coins and rounds that are just fun to collect
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!..
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to kiana rachel
She's recognized as 'Mrs Kiana rachel . One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent, and have strong hands to back it up.
You are so right on silver. I can never save money. But silver I have to sell it and I don't have no one unless I go down and see Harry. And by the way I personally don't buy u.s. mint I want to be able to melt it. Main goal is something to hand down to my grandchild. But if needed I have something .
Beautiful coins!! I love the Maples and Britannias. So much fine detail and great artwork. I plan on using 32 bill or 50 bill uncut sheets of $2 bills (back-side), as wallpaper. Silver Government Coins to make a toilet seat. Polished BU Copper Pennies as flooring. I think these designs are beautiful. A bathroom 🚻 decorated in money would be beautiful....
You articulate that the US Currency could be removed as the world's reserve currency, like it is a switch that will be flipped. It is so far from that, that you do a disservice in describing it in such a way. It could happen but it would be a long, gradual slide. The only time I think it could be described as not being the world reserve currency is only after something else replaces it, in a Measurable way (that other currency is held in aggregate more so than the US Currency is). Again, this could happen, but it is not as fast or soon as you describe it to be.
Does it worry people that the reality of selling silver quickly is very limited to your LCS and the chance they either do not buy back or put limits on what theyll buy... Imagine 20 people in a single day that want to sell 100oz/ea, it just seems the real use is bartering and itd take a long time to swap to fiat or other currency if needed
It’s hard for people like me. You’re just starting out but stopped long time ago but still have their silver by the end of summer silver probably around $40 in there
Spoke to an honest silver dealer today. Bought for about $33.00 said he'd pay me 29.00 if I brought it back tomorrow. Roughly of course. Not bad I had heard you'd only get back about 40% usually. That's the place I'll deal with.
Thx so much for your work and info. Eversince you introduced us to Abby Joseph Cohen Services, I now watch all of your content cus I believe I can succeed following your advice and wisdom. My main Affirmation and major plan for walking away from my 9 to 5 job is my 30000 USD weekly returns from my investment with Abby. Forever grateful to you
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here
@ryancihet555 Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
Abby Joseph Cohen hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I'm stoked because I'm heading into retirement with almost a million bucks in my portfolio.
I just started stacking silver and the amount of information I have gotten from watching your videos is awesome 👍
Silver dragons is a pretty good source of information! Dub C coins and precious metals on UA-cam is another good source as well. 2is1 is great if you want to dip your toes into gold.
Gold is a very good investment and I prefer it to silver.
Just wanted to give you more information for more research since you are starting out.
Follow- Smart Silver Stacker, Salivate Metal, Silver Seeker
Silver dragons is a good source of information. So is DubC numismatics and 2is1 along with spegtagular.
Ive been holding silver since it was $18-20 an ounce. Was going to sell at $30 but I think it will go much higher in a year. Patience is key. 😎👍
Sell whenever you need money. No need to sell if you don't need to spend anytime soon.
Except if you notice an instant peak that would last a day or two, then try to sell lol.
But mostly, keep it.
I'm holding all of mine until I'm ready to retire. I'm almost certain that the price of silver and gold will be much higher 25 years from now. I'm strapped in and ready to ride the ups and downs until then. No reason to try and sell when it goes up a little here and there unless an emergency of some sort pops up and I need the cash before then.
@Commin_Cents Just a little question we've been asking me a lot, how are you going to sell everything if an emergency comes? Would you be able to do it at a good price in a day?
Not to answer for Commin_Cents , but it is fairly easy to cash out your silver and gold without losing your shorts. Of course a lot of it depends on the market and what spot price is. I've got three LCR's (local coin retailers) close to me. I call them and ask what they are paying. Right now the best I found is three dollars over spot on American silver eagles, spot price on most of my 1 ounce silver rounds, and a dollar back of spot on my 10 ounce silver bars. I carry in my silver and I walk out with cash or a check. Pretty simple.
@SilverRhino. Why buying silver eagles with high premium when you can get some other bullions on spot?
Best addiction ever... I'm still accumulating silver regularly. Never could have managed such a savings account any other way.
Me either. I probably would be buying valuable assets of some kind but I prefer silver after other basics are taken care of
Same here! Both statements true for me. It’s a definite addiction and was never able to save anything before starting to stack.
I swapped 10 kg of silver for 5 oz of gold 2 weeks ago when the ratio hit 73 oz/1 oz. I couldn't have timed it better with my newly found toy. Gold is my security and silver will be the work horse. Hedging with both is my plan.
Did the EXACT same thing !
Cool idea I agree.
I don't look at silver as an investment. I look at it as insurance. Cool display!!
Original...
@@bradleyjordan5365 And yet not wrong
Definitely a savings account...pure and simple
Because it’s not an investment 😊
I bought a quarter ounce gold Britannia, 10 silver 1 ounce Buffaloes, and 10 dollars face value 90 percent silver half dollars from sd bullion today. I'm going to keep buying gold and silver.
I just sold about half of my silver stack today. Sad to see, in a way, but it's my savings account and I just had to do a withdrawal for something I've been waiting to hop onto! Silver is an awesome savings account.
My entire "journey" with silver stacking, which only began in 2021, has been a spiritual experience as much as anything else. Yes, it's helped me feel more 'Prepared' for the collapse of the U.S. Dollar, but it's been so much more than that. I've enjoyed your channel and a couple others to share information and thoughts on it. I am not the biggest stacker, that's for sure---but am pretty pleased with all I've managed to stack.
It is addicting, and silver is beautiful
Precious metals are not an investment. They are a form of wealth storage.
That might change
Say it again for those who weren’t paying attention
Exactly. To be specific, they are a long term preservation of wealth, with somewhat of a hedge against inflation.
That's the goal of investment, to maintain (and hopefully gain) purchasing power.
@@hydraxc2478 Except gold is down 2% a year every year on average since it's ATH in real dollar terms in 1981. That's bad.
Just got my first order of silver in today, im excited to start stacking, glad i have you on here to help me stay informed.
Congratulations!!
Always great videos from SilverDragons teaching and sharing important knowledge on Silver
I just bought 5 ounces last week. Enjoy doing it yes it is addicting
bought 4 1 oz englehard bars 2 1 oz liberty bars and 1 10 oz apmex in last 2 days 😅
Stacking has been a tremendous savings over the 6 years I've been doing it. Great hobby and wealth preservation. Nice content as always silver dragons. Always look forward to watching your videos.
Buy what you can, and just sit on it. 😌
Not an investment, hopefully my stack will go up in value over time but I specifically stack to hedge against inflation, and boy are we in for it with hyperinflation/ stagflation starting to linger. Stack baby stack!
Not an investment??? Just like buying stocks. Hopefully your purchase goes up over time
If your putting your money somewhere hoping to do more with it than under your pillow
Pretty sure that's an investment
Silver has nearly doubled since 2016, yet usd has lost maybe 25% of its value since then at the most. It is an investment now, it wasn’t 20 years ago
@@UserhfdryjjgddfSilver is too volatile to always be an investment. I bought half my stack at 18.50 an oz. If I sold right now, sure I made a little money. But I couldn't count on that. If you don't stack thinking of the long term, you may end up disappointed when there is no profit after weeks or months of waiting for a crazy increase in cost.
@@biglou7733 Yes but there are also long periods where it doesn't even keep up with inflation.
@@hydraxc2478 Thinking long term is how people with no stop loss think about their -90% crypto accounts. It's not going to make up for bad risk management and money management.
Makes me feel a lot better about buying an not making it seem like I’m wasting my hard earned money. So many friends don’t see like I do on this but I guess more for us! Ty for the info bud, cheers!
Perfect video to explain to a beginner why you can't afford to not own silver in 2024! I started stacking in 2011. You're right! It's a great way to save a lot of money privately because you don't want to sell it especially if you've hidden it away very well because it takes a lot of work to recover it and spend it. Just buy some bullion regularly especially on dips. You will be pleasantly surprised after years of stacking! 👍
Thanks for your explanation.
Saint George slaying the Dragon 2oz proof is very shiny! Love it
Investing in gold and silver seems like a good move, especially with the current market uncertainty.
Absolutely, gold has always been a safe haven asset in times of economic turbulence.
That's true. Without proper guidance, it's easy to make costly mistakes.
DESIREE RUTH HOFFMAN is the guide you're looking for. Her expertise in financial planning can help navigate through the complexities.
I've heard of Desiree Ruth Hoffman. Isn't she known for her comprehensive approach to financial planning?
Exactly. Hoffman analyzes each client's unique situation and tailors investment strategies accordingly.
Purchase it every week. Sometimes multiple times. Very addicting and when the music stops I’d rather be holding silver than fiat.
I love you showed the USS Constitution rounds in your display & your purchase. I bought 6 of those this week after seeing them on Stackers Social. I saw them recommended by a stacker in the UK of all places!
So of course I ordered a few of Ebay! Crazy I got 6 and 1 was bad! Sigma test everything baby!
@10:00 This is why Goldbacks are 100% Legal Tender.
I buy silver because if I take the currency that's in my pocket and buy anything else it is just a product or a service that is overly inflated and usually with a certain level of lackluster results. I bought twenty rounds and a silver dollar commemorative graded by NGC in a 70 this weekend from my LCS for $600 cash. No matter what happens in the banking or currency situation in the world, I have something tangible that is always worth something of value.
Great video, EXTREMELY informative!!!! Thanks!!!
I Just Keep Slowly Chipping Away at Silver!
Great Video SD!
Keep on Stacking!
I bought 10 Germania mint 1 oz cast bars last week, they are super shiny when you remove the plastic wrap and feel chunky for such a tiny bar. I also buy silver for a fun savings account. The rise and fall are a moving target to pull the trigger on a good price.
Thanks SD.
Where did you get them ? if you don't mind me asking...I'm into top tier mints bars also ,TY
JM bullion on sale right now
Silver is great. Make sure you can protect it with brass as well. Be wise and be kind we will all get through this together.
love my silver...keep stacking.
I love causally collecting silver especially things I like, but when I sell some of it I never really gain anything, so I think that's an important thing to note.
The issue with buying silver as a speculation of spot pricing is you pay so much in spot fees. Right now at apmex the cheapest round is $32.63 per ounce while index price is 29.64. Unless you buy massive quantities you are instantly 10% in the hole. The cheapest gold coin is 2371.29 while gold index is 2331.30 so you ate 1.69% in fees. Whether you wanna look at silver as a quasi-daytrade thing with instant index price fluctuation or long term value, I just see gold as being better. Everyone knows either silver is being intentionally kept down in which case you shouldn't expect value growth on it or its not intentionally kept down and thats just what it is, in which case you should buy gold to avoid excessive fees. A single gold coin costs 2371 to get into your hands and is worth 2331 while 73 silver rounds cost the same and is worth 2173.
For reference i do stack gold, silver and lead (which has given me best value growth in last couple years).
like I have always been saying, my silver and gold is like my savings without using the bank
Thank You Silver Dragons
My concern about silver is price. From 2010 to 2021 silver has stayed below $20 to $30. You had some outliers at certain times. We had QE and rates at 0% during that time too. Why would silver go higher now when QE starts and rates going back down? It did not work last time. I like gold better.
When my wife (foreign born) learned that in the US she could buy silver and gold, she started "stacking" before learning what stacking meant! Wasn't long before she got me hooked too! I explained Scrooge McDuck to her and now she wants to fill a swimming pool with silver coins, and dive in!
I tried putting all of my silver in a pool and dove in. It's not like Scrooge portrayed. You cannot, in fact, dive or swim in it. In fact, I've found that it hurts.
@@dicky7600 I want to see your pool!
@@CdA_Native once I clean the blood out of it...
My girlfriend is Polish and when I first showed her a poured silver bar her eyes nearly popped out of her head, she said that she didn’t think ‘normal people’ were allowed to buy bars like that, she loves my hobby now. I recently went a full month without ordering pizza and she convinced me to spend the savings on the stack, so I bought a 1/20 gold maple (I usually often eat pizza, but it’s almost £30 a pop, so I’ve cut back), she’s a keeper 🙂
Problem I find with silver is the tax and premiums mean you end up paying so much above spot price. Almost impossible to break even let alone profit
I live in Alabama, bullion isn't taxed. But I bought a silver peace dollar and it got taxed. I guess because it's considered numismatic.
Like any investment, think LONG term. Think in years, decades.
There is a reason short term capital gains tax is so high, its because of how WILDLY PROFITABLE short term trading is.
I like silver because it's shiny 😅
Shiniest element on the periodic table!
Thanks for your information
Saudi Arabia has already stopped using the dollar as of last week.
Not true. They're just accepting other nations currency for oil. They still use and accept the dollar.
Source?
@@VETERANPREPPER1 is not true. My comment was deleted.
The ASMR visuals of your PARTIAL stack is so relaxing. Thanks. StackOn.
I second the idea of “ SHINY”!
New to stacking, thank you for the great information in the videos!
How do you view precious metals IRA's. I see risk there in not holding them myself.
Love the cowboy rounds
Yet more good info. Yes, it is very addictive, cause there are so many different types to pick from. Thanks again for the info.
That long beach expo was awesome cant wait for September
Silver = No Risk. Got it!
Thank you for all of your input on this
I’ve been itching to buy some gold for awhile now, but I just can’t justify it, given the gold/silver ratio being so heavily weighted towards silver.
gold isn't going to get cheaper, but silver is a better buy with up side potential.
@@MrThespian4Agreed!
Lost all ASEs, 57 of them.
But now I have a running vehicle, good on gas, working AC, and low miles
Great video. Thanks for sharing SD
Addicting to buy could be an understatement, my lcs is my favorite place to visit rn 😁
Started stacking In March, should’ve discovered your channel earlier.
Same
Just bought my first two ounces of silver 1/4 oz of gold I plan to keep stacking just to see where it all goes
Well done, i started 18 months ago 5g gold bar and have been adding monthly 1/4oz gold or 20oz silver even in that short time span the stack is coming along nicely and great to look at
It is a great metal to buy and it is fun to hold in your hand it feels so solid it makes you want more
Since January 11th I've managed to stack an additional 261 oz's of silver and 1/2 of gold to add to my stack...my last order was on June 14th...so I am still buying the dips and still stacking...smiles
A feel good video, gives me confidence in my stacking:) Thank you Silver Dragons! Time for another giveaway challenge!
Great video silver dragons keep on stacking
Wow! The way the maples radiate.
Those USS Constitution pieces are so awesome. I keep mine with an American flag that was flown on her. 🇺🇸
Love the honest rounds but the premium has sadly become rediculous 😢
Collecting coins and building sets since 1965, now its time too stack Jack!
thank you for the video keep stacking
Very easy to understand his message ty
Im trying the best I can to stack often. I’m stacking for the long term investment. I recently bought 17 tubes of silver eagles and - darn it - I want to keep it up, but I can’t sustain that kind of investing. That was about $10K - happily spent - to start me off. I need a side hustle to keep it going because my wife is still skeptical and doesn’t like what she sees as “risk”. I see “risk” as NOT stacking.
I sold some silver awhile back. My LCS gave me spot price for everything, Eagles included. I won't be buying them again in the future. Generic and 90% only for me going forwards.
@@DanCooper404 If in 15 years they’ll still be accepting generic silver (and why wouldn’t they be?) and you continue stacking, you’ll get more weight with rounds for sure. Usually though, LCS pay a bit behind spot, or at spot, for generic silver. As for eagles, LCS’s usually pay a bit above spot for eagles, so that’s a plus. But the big thing for me, is when you cash in the eagles, (or 90%) no matter how many thousands of dollars worth, you don’t pay any capital gains taxes. You do with generic silver if you cash in over $1000.00. Also with eagles, you have to stay in the game long enough for spot price to exceed the premiums you’ve paid to break even. That could take a while. So eagles are a long game investment. Between 1994 and 2009, (15 years) silver price rose 277%. Between 2009 and 2024 (15years) silver price rose 202%. Thats enough to wipe out any premiums paid for any type of silver. You wont feel a thing.
I rather stack gold Sovereigns or 1/4th oz gold coins tbh than silver. Don't get me wrong though I do like silver but the profit is in gold not silver. An oz of silver currently is worth about £23 but it could still be worth £23 in 25 years whereas an oz of gold will make its money back and then some. Gold in the last ten years the lowest was £680 and the highest was £1954. The price of gold doesn't fall as much. In 6 months silver could be back down to £17 an oz whilst gold may be at £2000 by the end of the year. I rather stack platinum over silver.
Buy every chance I get. Filling up tubes as I go. Dragon, do you stack all of your eagles in one tube, or do you mix them with other silver coins?
Nice stack brother thanks for the info have a great week
I'm just curious. Do you people have a goal in how many ounces of silver you are trying to reach to feel that you are in a good place financially? What is considered a good amount of silver to own? I'm kinda new at stacking silver, and I only have 350 ounces, and my goal right now is getting to 500 ounces. It makes me feel better having 350 ounces right now. I'm sure that's nothing compared to most of you, but I am a happy camper. Great video by the way.
Im 52 and just started I bought my first 20oz and going to buy a little every week
This guy explains it well
You have to be really careful with rounds, including the vintage ones. Fakes are getting more common. Same with bars.
Always good info
I love silver great fundamentals and great opportunity but also a good way to protect your savings and hedge against inflation. Plus there are some really cool coins and rounds that are just fun to collect
Great Video
Stack Strong 💪🏼
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!..
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to kiana rachel
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading.
How can someone know a professional broker when legit once are hard to find this days
She's recognized as 'Mrs Kiana rachel . One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent, and have strong hands to back it up.
Keep stacking
Good information
Thank you for the video.
Man Silver you are right on!!
You are so right on silver. I can never save money. But silver I have to sell it and I don't have no one unless I go down and see Harry. And by the way I personally don't buy u.s. mint I want to be able to melt it. Main goal is something to hand down to my grandchild. But if needed I have something .
Beautiful coins!! I love the Maples and Britannias. So much fine detail and great artwork. I plan on using 32 bill or 50 bill uncut sheets of $2 bills (back-side), as wallpaper. Silver Government Coins to make a toilet seat. Polished BU Copper Pennies as flooring. I think these designs are beautiful. A bathroom 🚻 decorated in money would be beautiful....
You articulate that the US Currency could be removed as the world's reserve currency, like it is a switch that will be flipped. It is so far from that, that you do a disservice in describing it in such a way. It could happen but it would be a long, gradual slide. The only time I think it could be described as not being the world reserve currency is only after something else replaces it, in a Measurable way (that other currency is held in aggregate more so than the US Currency is). Again, this could happen, but it is not as fast or soon as you describe it to be.
Does it worry people that the reality of selling silver quickly is very limited to your LCS and the chance they either do not buy back or put limits on what theyll buy... Imagine 20 people in a single day that want to sell 100oz/ea, it just seems the real use is bartering and itd take a long time to swap to fiat or other currency if needed
Silver and gold to the moon ❤
I heard mars
I bet we dont get a rate cut this year
nope, the rumor is hyper-inflation, as in, think food and goods cost a lot now? ain't seen nuthin' yet!
Can you talk about regular coin collecting. Is it worth it?
Where can I go and buy from the store? Is it from SD bullion?
We so appreciate all you do to inform and educate us. Your videos are so well done and we truly appreciate all you do❤
How do you carry 145 pounds of precious metals and your go-bag?
It’s hard for people like me. You’re just starting out but stopped long time ago but still have their silver by the end of summer silver probably around $40 in there
Just bought silver for the first time, 50 silver dimes, not much but definitely gonna start buying on a bi weekly basis
You have to start somewhere well done just watch that stack grow over the coming months and years its addictive 😊
@royharris7135 yea it's definitely addictive. I have bought more since the post. And I will continue to do so.
Spoke to an honest silver dealer today. Bought for about $33.00 said he'd pay me 29.00 if I brought it back tomorrow. Roughly of course. Not bad I had heard you'd only get back about 40% usually. That's the place I'll deal with.
Thx so much for your work and info. Eversince you introduced us to Abby Joseph Cohen Services, I now watch all of your content cus I believe I can succeed following your advice and wisdom.
My main Affirmation and major plan for walking away from my 9 to 5 job is my 30000 USD weekly returns from my investment with Abby. Forever grateful to you
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here
@ellaaysun6181
How can i reach her, if you don't mind me asking?
@ryancihet555
Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
Abby Joseph Cohen hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I'm stoked because I'm heading into retirement with almost a million bucks in my portfolio.
Silver Dragons, can you please do a video on the USS Constitution rounds you showed here? Found very little info on it
Excellent information SD.
Thanks bro👌
I been dumpster diving for cans and any other type of metals to sell so I can buy silver coins. I’m even donating plasma to buy silver
I’m not a metals investor and you can always buy silver with gold. Therefore gold is superior in my opinion.
Absolutely agree with you 👍🏻👍🏻👍🏻👍🏻😊😊😊