Silver Stacking Tips I WISH I Had Listened To When I Started!
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- Опубліковано 24 лип 2024
- Whether you're just starting out or a seasoned Silver Stacker, the learning never stops, and there's always room for fresh insights!
In today's video, I share six vital lessons that I wish someone had told me when I began my Silver Stacking adventure. These nuggets of wisdom are born from personal experience, and I'm excited to pass them on to you. Whether you're navigating the tricky terrain of spotting counterfeits or trying to diversify your holdings, these tips are sure to guide you on your unique journey as a Silver Stacker.
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Silver Stacking Tips I WISH I Had Listened To When I Started!
• Silver Stacking Tips I...
#silverstacking #silverbullion #silver - Навчання та стиль
I stack purely for the sake of stacking. I have zero interest in numismatics... I have enough hobbies, don't need another one. All of my grandparents were teens/early adults during the Great Depression, and the one thing they always drilled was to NEVER trust the banks... only keep in there what you need to pay the bills. My stack is a secure way to keep my money away from the prying eyes of the digital world, and pass it along should I never need it.
I just started stacking last April. I’m stacking for wealth preservation. I try to buy 2 or 3 oz. of silver a month. I currently have 57 oz of silver and 3 one oz coins and 3 quarter oz coins
There's no such thing as an expert on being a stacker. That's a big part of the beauty of being one! Always pay attention and always learn! ❤
Absolutely! Just like there is no one out there with a "crystal ball" who knows what the future holds. Loved it when SS said that he did not have a crystal ball or have
any idea what will happen in the next few months, years, or decades. I avoid people who claim otherwise because many of them are liars, thieves, and charlatans.
For me, the best thing about stacking is how flexible it can be with many possible ways of doing it. I'm not into bars, although I do have a few. I really like Morgan
dollars and Kennedy half dollars, US 90% silver coins of all kinds, and national mint coins from the US, UK, and Canada. Others are interesting to me but I limit my
holdings to those which I can sell most easily. Some would call this boring and maybe it is but it is the path that works best for me. Others will find their own paths
to building a nice stack and that's great.
@@edb3877😅😅
I buy silver not just to stack silver, but also as a collector. I like the fact there’s a plethora of rounds to collect… my current goal (I’m new to this) is to have a tube of the major sovereign rounds (eagles, maple leafs, brittanias, kangaroos, philharmonics, kruggernds, etc.).
Me too! Gonna be awesome
Type coins is where it's at man!
Same goal but instead of silver, it’ll be gold 😂 and the rest in silver maples and ASE
One thing I would add, (not sure if SS mentioned it), as a newer stacker, is not to go around blabbing about what you are doing, or how much you have.
You have no control who those you talk to, talk to; & so forth.
And, if you are talking to someone, you know & trust, about seeing if they could be interested, in getting started, just ask them if they would keep it private.
Congrats, your the first YoeTube metal stacker to say "i don't want the dollar to collapse" We should stack silver for the future, and a slow burn up toward $25 $30 then $50 and on and on, and we should also hope we never have to sell......but it's there if you need it. Thanks
I like this channel because you are a lot more level headed than the other 2 I watch. When I watch them, I feel the need to buy, buy, buy. When I watch this channel, I realize it's more time to be cool and just do my DCA.
Then get rid of those 2.
It feels really great to know you can leave something of value to your family, when you pass on.
Yes, it does, because when we consider all the crap that is going on in this world and all the twists and turns
it might take, we just know that having some real money in their hands is going to be a real life-saver. I think
that this is one of the best, if not THE best, gifts we can give our family members.
In the early years (80s and 90s) i was a very small collector. Took a break for a number of years, raising a family, no extra funds really. Since 2010-2011 ive used PMs as my savings account, a little here, a little there. Ive got enough silver now, made my last order today. Got some rounds for 26 and change, some bars for a little more. Now im saving what i was spending per week/month and buying gold on sale from here on out, mainly 1 oz, and putting some in the home bank cash stash. If by some chance prices spike i might sell some but not all of my stack, ever, no matter what the price. Thx SS, great video, AGAIN. Good luck all !
First vid today that doesn't "want to tell me about Traction Uranium" Thank you :)
I am using my stack for a retirement savings, and it requires effort right now to spend it so it's easier for me to save, buying a tube every month.
Everyone has their own plan, and retirement plans vary a lot depending on your current age. 20 oz a month will add up nicely!
Thanks for the reinforcement of the guides to stacking. Also thank you for staying with sponsors that are directly related to silver stacking.
Only been stacking for a couple months and already hit my first 100 ounces. Learned about ratio today and makes perfect sense, im in 81% gold/silver ratio. A good jump in silver price and i get to 60% then ill convert to gold. Its hands down a great investment. Your channel has been a huge influence. Thank you.
yeah, playing metals off each other, diversifying, can really help you increase your stack size.
I bought rhodium under $1000 and it went to nearly $30,000.
I sent what I had in and had them send me that much in silver.
if silver goes up dramatically, you can swap it off for platinum or whatever metal is lower than its average spot at that point, then do it again.
Works even better when you include more than just gold and silver, include platinum and palladium into the mix as well....just make sure you understand the current spot price ranges, the likely highs and lows, and it works out pretty well.
This is one of you'r better/interesting videos in a long time. Thanks for doing videos like this 🙏
I have been eyeing the cowboy round for weeks and finally I got the chance to buy them for a good price!
Thanks for all the info. I started stacking last March, and have bought a couple hundred ounces so far. I made my first constitutional silver purchase today, and was easily able to calculate the cost I was paying per ounce thanks to you.
I appreciate you sharing the knowledge and teachings that you received from your time with your father. Your posts have helped me in so many ways.
Another informative and really, timeless video. Thank you so much SS, great info!
Great video SS . I sent this to my oldest son this morning. He is starting the journey now! Thanks. Stay Cranky my friend!
When i was a kid, over 60 years ago now, a silver dollar WAS a dollar. We got them as change at the market, used them to make purchases yada yada yada... Now, a silver dollar is like what 30+ ? Goes up, goes down but... From being a dollar to 30... Tells me all i need to know...
Hype i don't out much faith in. I just get what i like if i can afford it, and so far based on current fiat rates, i ain't done too bad since the '60's.
Kids and grandkids get silver and gold as gifts and seems they like it.
Yes, those of us who have been around since the 1960s and before then know the scoop on the value of saving money and in what form to keep it.
Paper money is for spending. Gold and silver are for saving, because inflation does not cause them to melt away like an ice cream cone in August.
Good man! appreciate you and your videos can’t wait to possibly own something you have made.
Excellent advice as always, glad I watched guys like you before really getting into stacking, I'm pretty new to this but learning lots
What a great post. Thank you!
Diversification is the key. I buy everything I can afford.
I unfollowed some stacker guys who are praying for the dollar to collapse and then silver will save everything blah blah blah. Thank you for a reasonable take.
I've been a stacker for decades and you channels such as yours to test sediment within certain commodity sectors so I not only stack but I have stocks and real estate and other stuff.... I also like learning new things that I may have not learned before hand from Channel such as yours that I might have never thought of cuz I just kind of always been on my own stacking... it's really nice to feel part of the community at least... anyways thanks for the videos as always and keep up the great work😎👍
like always great information for new and old stackers. great job
As always your information is very helpful to me.😮😊
A lot of us that have been around for a lot of years started in coin collecting. Silver and gold are just an extension of that. Some coin shops started carrying bullion, so collectors became the early "stackers". But before that, when the Hunt Bros scandal hit bullion coins and rounds weren't much of a thing yet. There was no such thing as an American Silver Eagle. But many homes had silverware, candle holders, plates and other silver household items back then. I was a freshman in high school, and it was funny to see Grandma's in line with their candelabra's. I didn't sell my 90% coins, but I did sell wrestling metals and a few other household items. Of course, you didn't get anything close to spot. Crazy times!
My precious metals collection is part of my kid's inheritance.
It's all about wealth Preservation
Very sound advice, I couldn't agree with you more
I Love that you are giving back and actually appreciate us unlike a lot of other greedy UA-camrs!
Oh don’t worry. This guy is plenty greedy.
Same here! Numismatic coinage is a minefield of variables and a sure way to get ripped off if you’re not an expert! Never count on more than Spot!
Great advice Silver Seeker. Thank you
Owning silver does several things for me:
A: It acts as a form of 'forced' saving, as I can't just impulse spend physical silver. It also allows me to become my OWN bank, knowing that I hold my own wealth which can't be taken from me unexpectedly.
B: It acts as a hedge against hyperinflation. Owning silver acts as an insurance policy against the US dollar tanking in value, which is a VERY real possibility in today's world.
C: Should the 'powers that be' attempt to force society into a 100% digital currency, where THEY have complete control of the money, owning silver (and gold) could (and most likely WOULD) provide a viable alternative for commerce.
D: I just happen to enjoy the beauty in many of the coins and rounds that I own. I was a coin collector before I was a stacker, and that passion hasn't died yet. The Silver Eagle, Britannia and the Philharmonic are three great examples of fantastic designs put into coin form.
If I could go back and do over , I would put all $11,000 in Silver dimes , Morgans, and Peace dollars.
I started in 1999
Good show, Seeker. I think you may have stopped me from making a mistake... I've been stacking for more than a year and I stack because I have a spending problem, so I recently bought 2 more tubes of Eagles to finish a box I've been working on ( and OCD-ing over ) so that goal is now complete and I'm quite happy. However, seeing the spot price take another hit this morning, I was seriously contemplating buying another Kilo bar for my stack, but I don't have the money on hand yet, so that would've required me to put it on a card and pay more for it. So, good job pointing out the FOMO error to us. Well done! 👍
Thank you for the stacking tips. I'm putting the tips to use
All great advice 👍 I've been stacking for only 6 months but have done a ton of research.. I approve this message...also agree that more silver is always better than less higher premium silver.
premiums have gone down cause its summer time. We have seen this scenario for last 10 yrs. Come the fall premiums will rise. 1 big difference from this summer than the previous 9 summers local coin shops have seen a steady flow of business. Target price is $30 then $50 which it was in 1980 . Then how high it goes is anyones guess
@@serene889 Would love to see silver rise to the old 1978-80 high PLUS whatever that would be in 2023-2024 dollars. I have read a number of prices that people say is
the new dollar equivalent and it seems to average around $175-$180 per oz. I could live with that. In fact, if that happens and the world isn't falling apart, Momma gets
her beach house. lol
@@edb3877I am a stacker and would like 2 see higher prices as I need a vehicle upgrade.If it doesn't go up,I guess I will slowly stack more.
Thanks for the info, awesome video
My father was a stacker and taught me to do so as well it’s been 40 + years now I’ve been stacking and he’s been gone for almost 30yrs now thanks dad this gift of knowledge you gave me will pay off in the future if not for me for my kids
Great advice! Thank you!
Excellent information about how to make proper decisions on building up a silver stack.
The spring of 2011 was pretty sweet. 12 +yrs ago. Dang.
Do it for fun. Ya can’t lose.
Congrats my FRIEND
Excellent Information and Great Advice ! 👍
I started with graded eagles. What I found was their value remained fairly stable outside of Silver prices themselves. Limited downside, but also limited upside. I just traded in a full run of proofs (NGC 69) for about break even, but it got me a 1 oz Gold Maple Leaf, plus 13 Silver Maples. Probably should have gone all silver and more than double my ozs but I wanted the Gold.
I started from the view of a collector, but I kept everything boxed and hidden. I completed my goal to collect the full run 86 to 2022 Proof eagles. Same NGC label.
Now its about volume and DCA. I have more graded eagles to shed if the right opportunity presents itself.
good one Seeker, thank you
20:1 stackable to collectables. Britannias #1, Buffaloes #2, Silver Maples #3, ASE #4 and then a few of the pretty shiny ones that happen to catch my eye.
I started stacking again in 2014. You see during the 2009 recession I didn't have enough work. I sold my collection that i started when i was 10 years old and was able to pay those bills. Now I have so much that I have security in it.
I stack silver because it's shiny, it's like sparkly treasure, I also stack it because it's sound money, barterable, tradable, its treasure...
I don't have any rules or advice, other then stack what you like....
If your in it strictly for profits, your in for an emotional ride ..
Just buy what you like...maybe buy generic rounds or bars to keep your average down, but spend a little extra on what you like If you want....I dont know my average and I don't care, I love my treasure ,and that's what matters the most., as an added bonus, i have two kids, so if i die, it gets passed down thru the family..GL!
Really appreciate you distinguishing Stacking from Collecting. It can be a little confusing at times since most of Silver You Tubers are, like you, both Stackers and Collectors.
Thanks for sharing!
Sound advice thanks for sharing.
Thank you for such wonderful information. Definitely understand the point of not putting your "eggs in one basket" great key point. I love the Silver I have collected so far and wished I could afford to get the other precious netals. I have many Copper rounds. Blessings!!😊
I really appreciate this video Thank you, I've noticed since I've started stacking a few years ago that my focus has began to shift from sovereign coins towards generic silver rounds 👍🏼 over the spread paying less in premiums means more ounces, which I think really is the bottom line when it comes to selling. More ounces = more cash
Thank you for the information in this video. Relatively new to stacking myself. I really like the coin holder you showed about 6 minutes in with the various marvel coins. Could you let me know where I could pick one of those up?
Thanks for the tips
Great voice and presentation and most important -a little wisdom.
Solid advice !
I just started stacking as of 2 days ago and been watching all of this guys videos
Well thank you!
Nice video, thanks! What is the coin binder you used for your collectibles, they looked great in that page format!
Good advice!!!
Great Show
What storage did you have your collection in
I revisited this video, good enough for a second round.
Proud stacker, fomo-er, DCA-er. That’s right I said it!!
Good food for thought
Wow great video u do make a good point 😊 have different baskets just incase..
I have been stacking silver for a couple of years now. Up until my last purchase I have just been buying 1 oz bars from Apmex. I admit I started as a hedge against a financial crisis. As part of that my last purchase was a roll of 90% dimes, just to have some smaller specie for bartering, etc. if/when the idiots in DC manage to crash things. I usually buy about $100 worth at a time because being retired it takes me a while to accumulate surplus funds. And it is just fun to be able to say I have it.
Great tips
Just buy what you can regularly, and years from now, you'll be happy you did!
I got a text from sd bullion on those cowboys i couldnt resist they are gorgeous i bought one just to check it out for like 30 bucks. At that price its a no brainer but when they are dollars per oz above other rounds i have to pass
I’ve been wanting Libertads so bad but they’re very expensive! I haven’t found out why as I’m new to pm’s but I’ve been wanting them. Silver is beautiful
I got my first oz of silver today and it feels really cool lol
Great video
I love your JM kilos. Making me jealous. Good going
You buy silver because you know that holding dollars in savings is like holding ice cubes. Silver and gold is a placeholder to store the value of your wealth over years. It's not there to make you rich, just keep you whole.
Do you have an informational video on what to look after buying morgans n etc. I saw a morgan ms60 but it had a gouge on the rim. I let it go.
I have recently gotten into converting dollars to physical silver more for a hedge against dollar devaluation. If the silver price goes through the roof, that's a bonus. A problem I have, if the price of silver does take off, convert it to what? For me, not back to dollars. Gold maybe? And I also like the way silver looks and feels.
Same situation as you.If AG soars in price while AU is relatively cheap,I would like 2 exchange some,but not all,to AU.
I agree. Even if the price takes off, why would you convert it? The name of this game is an insurance policy for your wealth. If the price takes off, it is a sign that fiat currencies are stressed or on the brink of collapse. Best to hold the silver until a new financial system is established. The other option is to convert silver into other tangible assets that might be bargain priced because of the financial or economic situation. My uncle did that during WWII. He had a farm and people were desperate for food but they had no money. He traded food for furniture. When the war ended and most European countries reset their currencies he sold all the furniture for the new currency and made a killing.
i want to know if gold was let's say $1980 a ounce what would be a good price to buy 1/10th gold eagles? Weird question but i got a bunch at what i think is a great price And gold was at that price when i bought them. Thanks love your videos
You're spot on about everything. Great content.
Yep!
The Rounds of the Marvel, and other specialized rounds have A High price tag on them. Is there a book or some listing of a special value associated with them? Will dealers pay a price based on that or are they just rounds?
Where do you buy those amazing collectible custom silver rounds ? 😭 I’m Only starting now purely for collecting and for fun , but I need those you have in your collection 😍😍
You Have to scour Marketplace for tarnished/Old 1oz coins and bars and pay Spot, or Just over.
Great advice! I try to focus on silver stacking, but occasionally I will see a coin I really like for collecting. This keeps it exciting. I have filled a couple of date sets, ie. walking liberties and franklins which are fun. I also like some of the popular marvel coins or trending privately minted coins.
How about adding a scale or listening to the sound when it hits the glass?
For me. An alternative store of value with all thats going on. Rather have some alternative to the future than go in with nothing and hope for the best.
How about the 10 oz Royal arms coin? It's available for very little over spot. Great coin that has potential imo
The Cowboy rounds are amazing. I bought 6 when they were on sale last time. Thanks for the great advice Silver Seeker. I love Silver Eagles, I hate eating high premiums repeatedly. Im glad premium's are dropping 👌😎
The ones on sd? Yeah they are a good deal. Still thinking on them but not really ready to drop 500 this month.
less than $5 at hero and bold on ase's buyer beware
She had a display case for your coins can you tell me where you got that it looks nice thank you
Have gold and silver in hand . I hope for the best but be prepared for the worst . 10 to 20 % of your wealth should be in silver and gold . Stack slow and steady . Just my thoughts . Great show Cheers .
I'd love to have a local coin shop to buy from that I could trust and that has reasonable prices but I don't I don't trust that I won't get a fake and they are to expensive. I buy from SD and Hero. I trust that I won't get a fake and their prices are right. I also buy mostly sovereign coins. Eagles when reasonable, British, Australian, Austrian, Canadian etc.
Ty
Stacking adds Peace of Mind. When you look at reports on the stock market or retirements funds consistently change. Then you take a look at how big corporations, or the ultra-wealthy diversify their profit. I would say you first have your sinking fund I've heard it called otherwise, your current expenses and wants, second you have your HSA/Not Taxable funds, third investments/retirements, fourth you have your silver gold/pre-retirement funds working backwards. So honestly after thinking about it time after time... It makes sense to have 1 to 3 percent of your assets in actual well assets. Gold, precious metal or primary silver would be the easiest because this asset class has withstood the test of time, it hardly diminishes, it cannot spoil, it's very easy to quantify value, it's used as a resource.
Paper silver to physical silver ratio today, 8/9/2023, is 291.75:1
The price is horribly manipulated and it can't go on forever.
Agreed. Not only is silver a precious metal, it is also an industrial metal with thousands of applications. The price is certainly being manipulated but as demand increases, the price may not increase, but the premium to own the real stuff will increase significantly.
Seeker, why isn’t the Ashsi proof 1 oz Buffalo worth more than the other brands? No extra cost to mass produce a proof coin?
Mr. Seeker, don't tell Yankee but, I watch your videos first when you both upload on the same day!!! Hahaha 😏 he'll probably see this comment hahaha
I am just a beginner. Started this thing when I had a dream about it.
And I am just using it for far down the road like retirement. Or if I never use it. Goes to the kids.
From Florida and up until recently SD started charging tax on purchases. I purchase from several companies and suddenly on line purchases are being taxed. Texas company does not charge tax but suddenly SD does.
Florida charges sales tax on bullion purchases under $500... that's not a rule that SD or any other company makes, that's the state law.
Holy moly