How Much Silver Should You Own?
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- Опубликовано: 26 июл 2024
- In this video I discuss ways to determine how much physical silver you should hold.
/ anotherovertaxedtaxpayer
E-Mail: napoleonicstacking@gmail.com
My LCS: www.wnccoins.com/
Blown Apart Napoleon Comedy / tinymediatv
#wallstreetsilver
Music: www.bensound.com
Disclaimer: I am not a financial advisor, this video is for entertainment purposes only. Always do your own research before investing.
the best part about buying silver or gold is that you scratch the itch to buy something with some of your savings, and yet you are still saving.
You are exactly right, stacking for me scratches multiple itches lol. Thanks so much for watching!
It's retail therapy I don't feel guilty about. 😀... Stacking silver got me out of debt because now instead of buying 2 oz at a time I buy 10 or more.
I like that, but it somehow doesn't feel right. I don't want to get too attached to it, which i have been lately, spending a lot on high premiums trying to collect all the different series out there like from RCM and the EC8. I know nothing about investing and have nothing else on my portfolio.. i almost feel like i am too ignorant about finances to be in the silver stacking game. Oh well, it is fun, and its the only way ive been able to 'save' money.
Well said
It is better to buy stocks, you scratch to itch to buy and are investing not just saving
That's exactly why I started stacking silver because I can't save cash to save my life. Then I became very intrigued with the community and stacking.
I appreciate the comment, thanks for watching!
Same here. Silver and the silver stacking community saved my behind 😃
"If you aren't tripping over boxes of silver in every room of your house, then you don't have enough." - Richard Daughty
I tend to agree with you,.....I need enough silver to fill a deep vault so I can swim in it. Thanks for watching!
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.
I agree with you and believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend real estate or crypto and stocks.
Yeah!! It would be more beneficial and yield more profit if you actually trade on cryptocurrency, I've been trading since the dip, I've made so much profit trading.
I am interested to know more and invest in Crypto please
trading is easier with proper guidance, especially from a professional, Newbies who are not aware of how crypto truly works and wish to make profits from it, I would advise to invest with a professional like Fergus waylen, It helps secure and minimize the possibilities of losses.
I'm honestly surprised that this name is being mentioned here, I stumbled upon one of his clients testimony last week in CNBC world news
I only buy when I save enough to take advantage of the 199.00 or more free shipping. It saves quite a bit in the long run if you aren’t having to pay shipping fees.
That's a good way to do it, never pay shipping. Try to buy what's on sale or when spot drops like it did the other day. Thanks for watching!
My broker has a 200oz minimum for silver and a 7oz minimum for gold (or additional charges apply), so I simply accumulate savings in credit union and buy in bulk. Also, this broker doesn't charge state sales tax (9.5% in my state) like most online dealers do.
I don't believe silver is a hedge against inflation only gold is.
@@jrtjonathanwinchell3955 you believe that- but economics proves the ladder
Where do you buy from?
I have been collecting silver since I was a kid im 23 now and up to around 25 pounds some collectibles but mostly eagles, constitutional, and bars. I always tell people 20 ounces is a good start and definitely respect the 200 ounce mark as a goal to own.
That's a healthy stack, it's great that you started stacking young! For other people, the next best time to start stacking is right now. Thanks so much for watching!
Slow and steady wins the race. I meet a lot of people who feel down because they have only stacked 10 ounces. I tell them at one point we were all in the 10oz ball park.
That's fantastic, great job. Stay focused & out of debt unless it's investing in Real Estate. You can make your 1st Million in a decade, no Question.
@@titustitusnation1999 I just paid my medical bills and car off so Im currently debt free and im looking for a new job. I live with my parents for now but I am hoping to buy my first home once I finish my remission. I make small purchases with my credit card and am almost at 800 FICO I just added some gold not to long ago I really like the physical nature of metals and don't care much for paper currency or stocks anymore but just enough to keep me diversified.
@@Retro-Moon25 you definitely have your mind right. Glad to hear it. Take advantage "in a good way" of living with them. That can literally make the difference of getting enough saved for a down. %3 Down for 1st time home buyer, 800 is as solid as it gets. you're definitely on track Brother!
Predicting market movements is extremely difficult in reality. It requires the investor to be right twice: Essentially why individuals engage service of experts who provide proper strategies to navigate the markets
Building a good investment portfolio is more complex so I would recommend you seek Fergus Waylen's support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams..
I am surprised that this name is being mentioned here, I stumbled upon some of his clients testimonies on CNBC news last week..
What I appreciate about Waylen is his ability to tailor strategies to individual needs. he recognizes that each investor has unique goals and risk tolerances, and he adapts his advice accordingly
His technical analysis is excellent and his interpretation/projections of the market is so accurate I sometimes ask myself if he is human haha. Point is, Waylen is the perfect trader to follow for advise and daily signals.
Sincerely speaking. I will continue to trade and stick to Fergus Waylen daily signals and guides as long as it works well for me.
In 1942 a silver quarter bought you a gallon of gas and a pack of chewing gum. Today a silver quarter will buy you a gallon of gas and a pack of chewing. I've been buying gold and silver since the 80s. Ever since I inherited my grandfather's gold and silver collection I've been hooked. The only rule I follow is I don't spend money on gold and silver that I can't afford to do without.
That is so true, and a great story. Thanks for watching!
Awesome to see you are carrying on the flame of his journey... good on you!
EXACTLY Richard. Silver and gold are barometers of the rate of decline of the currency, not 'get rich quick' schemes. Most of the time, real things don't change in relationship to other real things.
I'm glad to find your channel. I just received a 25 oz of Ag which brings me to 100 oz! I hadn't planned on buying anymore but rather turning my attention to Au.
Very cool, it's great to have both. Thanks for watching!
It's a Marathon NOT a Sprint! Nice talk Brother. Keep Hustlin
Indeed it is, thanks for watching!
A lot of points I agree with($/cost averaging, hedge for inflation, saving in general). I found that I have managed to get my finances in order once I started stacking. And I also for the first time have managed to get some emergency cash set aside and not touch it. It just changed my entire mindset when it came to saving.
In glad you were able to find success with silver as well. Thanks so much for watching!
It really does Silver Ork, A lot to be said about becoming your OWN BANK!.
@@goodoldschool898 Yes, indeed, and your own grocer as well via an in-home food stack.
Same here! As soon as I started learning about silver a long time ago, mostly from the greatest truth never told. I started getting my finances in order and cutting out so many wasteful things I did with my money so I could stack more and more.. no matter what silver ever does. I live a better lifestyle and have more saved and less bills than ever before.
@@Userhfdryjjgddf Sweet Bro!
Silver is my savings account. Set a monthly budget, slow and steady. Subbed
This is the way. Slow and steady, treat it as a savings. You will be shocked at how fast it piles up. Thank for watching!
I try to put away about 20 ounces a month. After several years, my target now is 4 monster boxes (2,000 ounces) as a hedge against something really bad coming (and I think it is).
20 oz a month is great. I agree hard times are coming, it will be good to have metal to fall back on if need be. Thanks so much for watching!
Make sure you have guns and ammo to protect your stack. Desperate times includes desperate people.
mr WEF ear SCWRAB ... did warn at last meeting of them creatures that a ... black swan event is coming .. and if he said it .. they have it planned and ready to go ...
Just started building my stacks recently, this video was very helpful. Now I have a goal to look forward to. Cheers !
I'm so glad I could help, thanks for watching!
Good points made. I had the goal of 100 oz's then once I hit that it doubled, and once I hit that it doubled. Then started finding different goals, such as 100 oz's in constitutional, 100 oz's in ten oz bars, and so on. We grow and evolve but as long as we're stacking we're doing better than 63% of Americans that don't even have $1000 in their bank accounts. It's sad, I'm on a VERY limited income and I still have an emergency fund and hundreds of oz's.
Sounds like you have a good plan put together for yourself. Thanks so much for watching!
ive been stacking for nearly 12 months now.. My plan was to get 2 ounces per month, 10 months later im on 86 Silver and .4 Gold....not stuck to plan but I didnt go broke..its all good..
That's awesome! Gotta be careful spending over your budget, but I get it I'm guilty myself sometimes. Thanks so much for watching!
You got more than 99% of the world... Don't get bummed out by rising prices... Just shows you're on the right track... We all start somewhere. Happy stacking. God bless.
Yes! Financial discipline!!
Stacking/Saving is a lifestyle for me. I buy every week, no matter what. Been this way since 2009.
I need as much as I can get. Don’t think I will have to much silver/gold/platinum. However, I’ve branched out over the last 5yrs or so. Real estate, equities and a little crypto.
Never good to keep all your eggs in one basket.
Great video! Subbed
That's great, diversity is the key. Thanks so much for subscribing, and watching!
It's taken me 9 years to stack less than 400 ounces but it's better than no silver.
That's great! Stack on, and thanks for watching.
400 ounces is nothing to sneeze at
@@aaronrichards19886 Yeah considering I make less than 30k a year. I feel I've done alright. My favorite to stack is 90% Dollars and Halfs
Don’t buy more then you can carry. Silver is heavy. A thousand ounces will slow you down if you have to get up and go. If you bury it make sure you have a map of where you buried it. Gold is much easier to carry with you.
That's kind of why I'm buying a bit more gold this year than silver. Thanks so much for watching!
Love the fact that you mentioned that it is not always a hedge against inflation. It's a good bet that it will be, but other factors can go into it.
Thanks for watching!
Nice pfp ashton show. I love n64
Nice to see an actual number. Good video. Overtaxed is a good channel.
Thanks for watching!
I recommend shooting for a minimum of 2,000 ounces of Silver (50% Constitutional & 50% bullion .999 pure) and 50 ounces of Gold in denominations smaller than 1 oz.
That's a solid goal, 2k troy oz is a healthy amount of silver and 50 oz in gold is pretty lofty. I need some more gold,....thanks so much for watching!
Good straight ahead video. You don’t talk too much or too little and you keep it simple.
550 oz silver and 33 oz gold, but I´m still buying.
That's a healthy stack, great work!
Wow, that's a lot of gold!
I started buying silver and gold just as a hobby. I don't have problems with saving (work two jobs, and use two different banks.) I figured it's a good hobby with apocalypse benefits as well as leaving something behind for a family.
Gold and silver are doing its job of protecting wealth in Russia. In Russian Roubles both metals has skyrocketed...makes me feel more secure having some of each! Thanks for watching.
Greetings from South Africa, just curious, why do you make use of 2 different banks?
@@smith1979 hi. I got one set up for direct deposit for bills, and fun, and the other I use for savings and investments. I have to personally deposit that one from work, so I can have a relationship with the bankers there. Then when I ask for a loan they are more comfortable with me since we know each other.
Shooting for one thousand ounces, I'm more than halfway there. I'm buying about 200 ounces a year. Dollar cost averaging. My first hundred ounces was way back, for 5 bucks an ounce. It's painful buying at today's prices. But I want to reach my goal of one thousand because if and when silver ever does shoot up, it's going to be nice to supplement my retirement with maybe only having to sell an ounce or two a month.
That's a great goal to shoot for, thanks so much for watching!
I'm the same, a 1000 ounces. Silver is undervalued 4 to five times so if say it does break free from suppression, then we can simply times the price of Silver by 1000 and that's how much you have in dollars..say at $125/ ounce
Napoleonic Stacking- Excellent content! I just subscribed to your channel.🥈
I appreciate that, thanks so much for subscribing and watching!
Instead of buying gold and/or silver, what about purchasing precious and/or semiprecious stones, like diamonds, emeralds, sapphires, and rubies?
With stones you really need to know what you are doing.
Buy a fixed dollar amount each week or month and look at it as saving on a regular basis.
I agree, that's a great strategy. Thanks for watching!
I recently purchased 100 - 1oz coins to make a total of 400 ounces because I'm so scared inflation is going to erase my fiat currency. I hope something positive happens soon, but things don't look good for the future of our world.
That's a healthy stack congratulations. And I'm with you, things weren't looking good before this war, now it appears to be getting a lot worse. Thanks so much for watching!
yeah , keep my $ handy (healty 5 figures ) and 320 ozs in 2yrs and now catching up with fraction gold .. then back to half kilo silver a month again or more if can ... dont trust the banks .. im in NZ ... premiums maples , brits here is $10 nz .. which is about $ 6 us .. have selection of all 1/5/10/500gm/kgs
Beautiful stack. Thanks for your personal calibration on ~200 ounces. Helps novices setting goal posts.
Half way there from having nothing 2 years ago I try n buy 10oz silver and a 1/4 Oz gold eagle every 2 months
I started stacking silver this past January, I've got 115 Oz's so far. Hopefully reach 200 by the end of this year...
Ugh, freakin’ newbs
Absolutely spot on for every single second of it. Loving it
low budget, mabee 10oz silver a month,
it does add up,
started with a 100 oz
then new goal
of 250, then sold,
to lcs for
a nice reward, then bought a 1/4 oz gold Britannia, that day
mastermind poet 😊😊
I am at 3,500 oz and feeling very good ! But not stopping there 💪
I like that large rectangular thick cube in the back of your display. I would like to purchase one of those for a paper weight to give to my daughters.
You can get them from Apmex, they make them with a 9 Fines Mint logo and Apmex logo. It's considered a loaf cast poured bar 10 oz. Thanks for watching!
True, you should never put ALL your eggs in one basket. Though the 200 ounce thing, can't say I agree. I think most anyone who works a decent job or is self employed, can afford 2 ounces a week of silver. That's about 100 ounces a year. 2 ounces is less than the cost of a tank of gas, eating out at a nice restaurant, etc. This cost is basically what many people spend every week on Starbucks.
Yes, it's important to have balance in your investments, but I don't have much faith in the fiat currency. We are far from seeing the end of inflation, market crashes, and a looming financial crisis. Something you can hold in your hand that has UNIVERSAL value, is worth infinitely more than any stock or crypto. So IMO, the more of it the better. The goal SHOULD be to invest and save every cent you can.
Good points, I appreciate your feedback and for watching!
After the collapse no one is going to trade food for shiny metal.
@@KingRatt they did in Wymar Germany, they do currently in Venezuela. Time and time again when we see economies collapse, gold and silver play a role in economic stability and commerce.
@@NapoleonicStacking I have stacked so this isn’t coming from a non believer but watching this country decline I have been rethinking my decision.
stack food, too, and trade it for silver after collapse
Yes, stacking is teaching me discipline. I also hope to buy land someday with some of it.
That's a great plan, there are many possibilities on what to do with silver down the road. I am hoping to see some significant appreciation in the next 10-15 years and use it to help me retire!
My goal is 2000 oz, I just got back into silver and gold in Dec 2021. My first purchase was a 100oz Johnson Matthey bar...............I had one of these back in 2015, but I had to sell it. I made almost $500 profit off that one bar.
That's a great goal, and the big bars are very cool. Congrats on your profit! And thanks so much for watching.
@@NapoleonicStacking JD Bullion is having a sale on Gold Buffalo's, can't wait to see mine.
Basically if you really want to help yourself you'll never stop buying. Its not about which assets are better. Its about how much you have and if you stop stacking at a certain amount. you wont have enough.
I have no plans to stop stacking, all I have to determine is the pace. Thanks for watching!
@@NapoleonicStacking drywall work is so easy to patch just start stacking it in your walls
Now this, is a very interesting topic.great job. Liked and sub’d
Thank you so much, I appreciate that!
I am addicted. I used to be looking forward to the paycheck for something I can consume, shit I don't need, now I can't wait to stack more precious.
I'm with you, I would blow all my money on junk back before 2018. Now I have some real tangible wealth and im addicted. Thanks so much for watching!
200 sounds about right.
That gives you enough to do a ratio swap if the timing is right and still leave you with enough to build on.
I'm glad you think so, thanks for watching!
40x +
I'm new to waiting and savings I did the calculation 🧮 that's 200oz convert that into kilo's that's 5.67 I have one kilo plus minioz
That makes sense having months of cash for bills
having months in silver if im hungry
Months in food when chilling
And months in precious metals for hunting
Thanks 🙂👍 this video help clear things up
Awesome vid. Ty!
Makes sense to me. Tip... pay as close to melt as you can find. In market downturns the premium can almost blow away when selling.
I'm looking at getting silver as close to spot as possible, thanks so much for watching!
You said it perfectly, generational wealth !!!
Thanks for watching!
I have the same problem & started buying silver to save as well ….few oz every week adds up eventually
It does! Thank you so much for watching.
Thanks for the video. I just started and 200oz is what I had in mind. I'm at 60 and climbing.
I really appreciate this perspective, thank you. I've lately been struggling with .t own distrust in the financial system right now, and this is helping me to not dump most of my cash into silver and not have much margin in cash on hand, I want to make controlled decisions with purpose and not out of sheer impulse, this helps me to slow down, be methodical and logical, and make wiser purchases and be balanced 👌🏼😄 thank you sir 👏🏼
I'm so glad I could help. Thanks for watching!
Watch the prices weekly too. You get a good idea of how the premiums can change. Right now they are through the roof. In 2015 I bought 20 American Silver Eagles at about $3.50 over spot, right now they are going for $15 plus over spot. Also, shop around because prices can vary widely.
Help me understand your logic. You say you do not trust the financial system and cash, and that is making you not want to put your money in precious metals? I agree with you in not trusting the "system" and cash, but would that not make you want to you to put more of your wealth in PM's?
@@Titter2 People have to be nuts to pay 15 $ premiums for AE's.
@@johnstudd4245 Sorry ya there was a typo. No Ive had issues with the fiat currency system for a while and starting to shift a portion of money into precious metals. My struggle was feeling that slight panic of "I need to buy right now", meaning spending more than I should right away, out of fear. I do want to put more of my money in Precious metals, but I was going a little crazy there for a bit, to where i was going to put some of my emergency fund into it, and I dont feel peace about that. So taking a bit more methodical approach in my purchases.
Great video! Made it to my Home page and I subscribed! Looking forward to watching your channel grow! Keep it up!
Thank you so much, I greatly appreciate that!
Whew i think i just made it.
Cheers to all the physical stackers! Buying the dips may get tough. Just got a monster of 2022 silver Maples under 14. I can hold for 20 years. Its my hedge against the possible dollar crash.
Awesome job. Thanks for watching!
You got 🍁's for under $14 or under $14 spot?
2022 Maple Monster box under 14k in January.
See they are 17k now.
@@brandoncraig438214g for 500.
200 is good. Glad to hear a realistic amount. Verses 2 to 3 thousand oz some say..🙄
I appreciate the feedback, 200 oz is realistic for most people if they want to get into silver. And if you want to stop at 200 oz, you still have a good little hedge against inflation or financial chaos outside the monetary system. Thanks so much for watching!
Silver has to make a massive upside move for most investors just to break even due to the high premiums like $5 over spot! I’ve been stacking aggressively for the last 3 months of last year but have slowed down since. Also, i have to pay taxes for online PM purchases since i live in NJ. Double Ouch!! And if i want to pay by credit card-that’s a sure fire way to forever buy high & sell low. LOL.
That's horrible you have to pay taxes on your bullion, I'm so sorry. And high premiums are something you gotta watch out for, I have shifted almost completely away from buying eagles as a result until premiums begin go come down on them. Thanks so much for watching!
No, sales tax here in Australia, once you buy Silver an Gold it's gone from the system and is 100 percent yours
My online broker doesn't charge me sale tax (9.5%) like online dealers do.....why I quit dealing with them. Broker charges me 1% over premiums for shipping/handling, and their premiums over spot are lower than anyone I've found.
As for a 'massive' upside movement to break even...nope....all it takes is time. You are looking for a sudden pop in metals.....might happen, but don't count on it. This is an area for keeping up with the destruction rate of the currency.
20 years ago, I was buying 1oz rounds for under 5 bucks. Today, my broker get 25 bucks for them. 20 year from now, I fully expect them to be well over 100 bucks each.
15 years ago, I bought $1,000 face bags of junk silver, average around $4,000/bag. Today, those bags are $20,000......and in another 15 years, I suspect will be close to $100,000.
@@edsmith4414 That schedule is quite an impressive map of a declining currency. Just one of the many advantages of PMs as wealth.
Agree on both counts. To avoid high premiums I look for sovereigns like the philharmonic which normally carry lower premiums, but with occasional sales you can also pick up
for as low as $2.99 over spot. And as a NJ resident myself I finally had enough. Turns out my sister has a friend who lives in Wilmington DE and further PM purchases are being
shipped to her home. Hopefully you can do likewise with someone you can trust in a tax-free State.
Its up to each individual. Buy whatever you can afford. Usually most people say 5-10% of your total portfolio should be in gold and silver.
That's pretty good advice. I am much higher than 10% against conventional wisdom lol. Thanks for watching!
Make it 10 if you can
I'm very bullish on silver......I'm equally as bullish on lead and brass....😂🤣😂🤣😂🤣
Heck yeah! Thanks so much for watching.
Great advise, thank you
Your collection looks close to mine. I too bought silver as I hold it.
Thanks for watching!
I reall respect your calm, profeesional presentations . . . . I really hate the screamers, the presenter interrupters when they are talking to their LCD while making a UTUBE presentation. You are 2 of 2 presenters I really enjoy . . GR8T content - Keep up the GR8T work . . Thanks
Great video. And although I wanted to start buying gold and silver years ago I just recently started. I have the same concept as you do. I just think in general it's Great to have incase of an emergency. I understand why the Nords pillaged and plundered.
Thanks so much for watching! I agree, great to have for a emergency.
I have the same exact reason for holding silver as you do son. 👍
Thanks for watching!
I like that he gave a reasonable target!
Thanks for watching!
I am all about stacking as much as I can comfortable afford. When I have enough to retire then I am done and start to slowly sell the stash to maintain my standard of living. To each their own but that's my plan
Silver is part of my retirement strategy as well. Thanks for watching!
Great post!
Hello, i just started collecting silver. I do have 6 months of an emergency fund saved up in cash before i started buying silver. Been wanting to get into it for years. I have 6 oz of silver right now and just bought another 11 oz today. Also bought some copper rounds. I am buying coins or rounds that i like, for the design artwork. Also buying to safe guard against the dollar crashing.
That's great! Welcome to the community your off to a good start. Thanks so much for watching.
@@NapoleonicStacking thanks, your welcome!
Copper rounds are a waste of money. Look at what you are paying. Pick bank cents for copper if you really want it
I started in January. I'm on Disability but I buy 2 ounces a month. I started with a 5 oz bar. I'm at 7 Oz's now.. plan to keep doing it as long as I can
@@billcat1840 good start!
I subscribed and I'm going to tell you why. You talked about dollar cost averaging, and you talked about how it doesn't matter if you can buy 100 oz per paycheck or 1 oz per paycheck.
This is the same advice I give people for cryptocurrency and investments in general. I started investing with $20 per paycheck while working as a barista, and I tell everyone who asks that the most important thing I ever did was make investing in saving a habit. #DCA
I enjoyed this video! can't wait to see more!! stay safe out there!!!
Thank you so much, I greatly appreciate your feedback!
Anything to save someone's bottom dollar is a plus, an easy investment you can sell later if you need to. Great tip. :)
Thanks for watching!
I'll spread the word of your RUclips channel for sure. I have to put my trust fund and inheritance into something safer than the banks/credit union. Thinking of gold mining stocks as well?
@@HoneyBadger938 from my understanding gold miners are a good bet. I am not currently involved with miners at the moment. And thank you for sharing my channel with others!
@@HoneyBadger938 I'd be VERY careful with mining shares unless you possess a lot of info and knowledge about mining and geology.
Too many people buy mining shares and have absolutely no idea whether or not they are good investments. Caveat Emptor!
Lovely collection one day I will have the same amount at the moment iv stopped buying silver and starting to buy british half sovereigns very nice coins too high premium on silver and vat which is always high in the uk hopefully it will go down 💯🤞
Yeah if I had to pay taxes on silver I would focus more on gold as well. Silver and gold should not be taxed when you buy it I think. I appreciate you watching!
I find it interesting that there are laws in some countries that put a fat tax on silver
but not on gold. Obviously, those who make such laws own gold and not silver.
Lol so happy I watched this video. I hit 200oz today before seeing it👍👍
Congrats! I'm excited for you. Thanks for watching.
Good realistic saving video!
Thanks for watching!
Real-estate and Stocks should be a majority of your investments. I just subscribed great video.
I appreciate your perspective, and for subscribing! Thanks for watching.
Good advice, nice video 👍
Great points made in this video!
Thank you!
Smart reasonable information. Thank you. My opinion just start if you accomplish 1 or 2 coins you will be motivated to get more
Thanks for the video.
Thank you!
Sweet another stacker channel. LIKED, SUBSCRIBED, and leaving comment support ☑️🫡🫡🫡🫡🫡
Thanks so much for watching!
I being my stack in 2014 5 oz every month filled monster box December 2022 was also buying fractional gold 🥇 at same time.
Couple of thoughts. Silver and gold are money- they aren't an investment and they aren't insurance. They are money and have been for thousands of years. Also, PMs aren't going to appreciate- your currency is going to depreciate.
Conventional wisdom says diversify. Why on earth would someone with a brain apply conventional wisdom to unconventional times?? Someone not so long ago interviewed Jim Rogers about investing. The interviewer asked Jim about diversifying investments. Jim responded with, "find 1 thing that you know and understand well and go all in." That's what I did 10 years ago and I do not regret it the slightest, even though it hasn't really moved.
200toz? lol I guess I'm a little overweight
Appreciate your feedback, thanks for watching!
It was right for you Man.
I purchase silver with the ratio to gold being the primary factor. Right now at 80 to 1 you can't get a better deal. That's what I go by not spot price
That's a great way to pick up some extra metal for free, trade the ratio. I have done it before. Thanks for watching!
omg that's a big reason i always run and get silver...harder to spend easier to save
Your exactly right, even today I'm not touching my silver. Once it hits the moon I may sell lol. Thanks for watching.
Great advise.
To me, silver is good. I have some. Not all I want. I also believe arms and ammo should be obtained for people with a knowledge of and capability of safe use and possession. Of course also a good well supplied pantry, in my case a good electric generator that runs on natural gas, on and on I could go. I've really enjoyed this video, found it good and recommend it for others. I also Subscribed.
I agree completely, thanks so much for watching, subscribing, and recommending! That means alot to me.
Great video!
Thanks so much for watching!
Wow very nice collection coins ❤❤❤👍👍🙏🙏
How much silver should you own?
Yes
Lol absolutely. Thanks for watching!
Since my primary concern is the potential need for a temporary replacement for paper or electronic payment, I'm focusing on silver eagles. They are the most recognized silver coin in the US and therefore most likely to be accepted as a form of payment. With an accurate scale and calipers, a person can be reasonably assured of the fact that it is pure and genuine silver. Right now I'm still stacking 1 oz eagles but I'll probably move on to 1/2 oz eagles as well so i have a smaller denomination for trade.
If someone wants to buy/barter with me and they try giving me junk silver or some unknown silver rounds, it's going to be harder to know for sure that I'm not being scammed. If they offer a silver eagle, I can check it against the known attributes of diameter and weight for a little assurance.
Thanks for watching!
I think that ASEs only come in 1-oz. weights, so if you want 1/2 oz. or 1/4 oz. weights you will have to buy silver rounds for that.
US 90% silver coins are also a US Mint product and should be just as easy to use as ASEs and come in dimes, quarters, halves,
and whole dollars. If we get to the point where we are using silver coins as money again, people will get educated pretty fast
on which coins are real silver and how much silver they contain. Those of us living in northern tier states also recognize the
Canadian silver Maple coins, so collecting them can be good too. They usually cost about 50c less each than ASEs.
I hate eagles. Been stacking for over 7 years and have never once paid a crazy premium for a silver coin. My goal from day #1 is how much weight can I get. Bars and billion rounds but I also love that constitutional and have quite the pile. The way I looked at it is I will never get that premium back for an eagle so I'd rather have a melts the same billion round. As the videos from some people a couple months ago showed most shops offer only $2 in that area over spot to buy back an eagle. What a rip-off those have been. Shoot I even started picking up 2021 maple leafs and of last summer cause they were only $1 more than a billion round at my shop. Better security and that maple leaf side is pretty cool. That's the most over spot I've paid for any gold or silver in last 7 years. I want weight
@@Userhfdryjjgddf Eagles were great when you could get them for $17 lol. The good old days.
@@Userhfdryjjgddf Coin collecting has something of interest for just about everyone. Personally, I like ASEs and have quite a few of them. I also
have even more Canadian Silver Maples. US 90% silver coins from 1964 and older are also a large part of my stack. This is rounded
out by some bars and commemorative rounds (gifts). It does make quite a pile. For the past couple of years, I have been buying gold
AGEs and Maples but not much silver, unless something really appealing comes along. I bought 85 Morgan dollars from a good friend
and all are beautiful coins. Not only that but the price was below what many online PM vendors were charging for coins in much worse
condition. But don't feel too badly for me in this because I loaded up on silver when it was in the $15 an oz. area. 😉
I was looking to get some more silver eagles but the premiums are way too high right now for now I'll go with stacking silver maples and silver britannia's as the premium are lower on those also I love constitutional silver I got alot of war nickels 90% dimes & quarters Franklin's and Kennedys also love 40% half dollars in fact the other day my buillon dealer gave me a great deal and I purchased 2 dollars worth of war nickels from him for 38 dollars which is a great deal considering 40 war nickels equates to 2.25 ounces of silver and the current price of silver is 24.07
That sounds like a good strategy. Thanks for watching!
Silver spread is quite large though. I pay about 14% spread when I get physical silver. That is quite high when compared to gold.
That's true, I just paid 3% premium on some gold yesterday, I was pretty excited about. Thanks for watching!
And? Fundamentals point to 1:1 GSR when you take above ground reserves. You can replace gold with silver but you can not replace silver with gold. Consider yourself privileged you can buy silver at all.
Very good....keep it up
Thanks so much for watching!
Lead and brass a great investment as well, properly stored in spam cans
I stack Silver but yeah the majority of my metal stacking is Brass, Lead and Copper. It's always a good investment if bought at good prices and will certainly always be used.
The reason I hold gold and silver is a hedge against a depression or financial collapse. Hopefully I will never need it.
very nice. just subscribed
I appreciate that, thanks so much!
Thank you!
Thanks for watching!
great video fam!
Thanks so much for watching!
Just started in October 2021, I have 175 ounces so far.
Congratulations! You are well on your way. Thanks for watching.
I treat it like a savings account. I'm a pay day buyer at least 10 oz at a time lately. Currently have $5k in silver and $5k in cash in a fire safe.... No gold yet.. On the cusp but I just feel better with 10oz of silver than a 1/10 oz of gold for some reason.
Holding silver does feel more substantial than a small piece of gold. I would hold off on the 1/10 oz gold to save up for at least a quarter oz piece. This will save you premiums. It does sounds like you have a good savings plan worked out! Thanks so much for watching.
I agree.... 100 ounces to sell if you need or when it balloons in price. The other 100 to sit on......
Thanks for the comment, and for watching!
Good video. Thanks
Thanks for watching!
Exactly, stacking is the ultimate insurance policy, and like all insurance it should be a policy you never want to cash in on! Everyone needs some basic insurance to help your loved ones in a worst case scenario, then use hard assets like precious metals to lock in thier long term comfort, remember insurance companies are in business to make money! The value of precious metals will always rise with time, and the proof to me is, we don't carry them in our pockets any more even though we could!
I treat gold and silver as a long term savings account, it’s far safer than money in the bank.
I keep enough cash in the bank to run our budget.
I hold COH to cover six months.
Gold and Silver are money and can be convertible to whatever represents cash in the moment.
I will continue to stack and for me what I don’t need or use will be handed down to our prodigy.
It’s insurance and helps one sleep at night.
"... what I don’t need or use will be handed down to our prodigy."
Prodigy or progeny? 😉
That's a sound strategy, thanks for watching!
I have 10000
That is one massive stack, congratulations on such a accomplishment. How do you store it all? And thanks so much for watching!
I CAN NOT save cash ... so because I know my weakness - I take my cash and I would buy PM - therefore not blowing my money and having nothing to show . . . I thought I was the only one . . Glad to know there MAY be 1 person out there that understands
I completely understand. I'm trying to get back to saving more cash this year as well as precious metals. Good luck in your journey, and thanks so much for watching!
Everyone's strategy is different but I would say the ounces should be equivalent to equal at least 3 months net income at spot price.
That's a good strategy. Thanks for watching!
@@NapoleonicStacking Just subscribed to your channel. I would like to see a video of the top ten silver coins to stack for 2022. I've been stacking and collecting since May 2020 and up to 450oz. Would have had a lot more if I stacked more weight and collected less. But oh well it's a fun way to save.
Availability is what matters… When you can’t breath- air is all you think about.
Very true, thanks for watching!