It took me many times to learn this valuable lesson I will share with all of you. There are only 2 people you can absolutely trust: 1. You 2. The person in the mirror. (Even he seems a bit sketchy at times, so keep an eye on him just to be safe)
So, the whole point of this video is about your lack of thinking on how to store silver in your house... That's okay, shit happens. When I started buying silver, It was through Littleton Coin company. What i didn't know at the time(around 2000-2001) that I was paying too much money for silver American Eagles... by 15.00-20.00. That was when silver was around 6-8 dollars per Oz. I friend of mine told me that you could buy elsewhere cheaper.....I never bought another coin from littleton again...Plenty of coin shops that are fair and honest....whether in person or online.
Thanks for the comments all. I'm incredibly surprised at the response, thanks for watching. I haven't had much contact with the person who stole my silver but I wish them no ill, just hope they reform, though I don't really know if that's possible. No addiction issues that I know of, just the person was going through tough times due to a break up, and I don't think there was enough money to go around. One lesson we have learned is to be more careful of who we let into our home, and are perhaps not as trusting as we were before. That in itself is kind of too bad, as I've always been a trusting person as has my wife, Just goes to show that everyone needs to be vigilant and have some street smarts. Thanks also for the comments on my little ditty at the end, I;m pretty sure more people have heard me play on this video than on any other recording I've played on ha! On the silver front, waiting to see if 15 bucks is tested and broken again soon. If it breaks, I'm waiting for closer to 10 bucks, if it breaks and doesn't get to 10, I may buy some more if it breaks 15 to the upside. We are in a huge downtrend in the metals and oil etc. now, and continue to reach new all time highs in the stock market. Will be interesting to see how it goes. I've traded the silver futures back and forth between 16-20 bucks several times, but with physical I'm of course looking at the longer term picture, so holding off for now. Though I may look for a tube of 2014 Maples before they dry up just to have some from each year. Merry Christmas/happy holidays to all, and all the best for the new year.
NickMack Unless things turn around, I think you may have missed your buying opportunity for less than $15. That was last Nov. Then over this weekend things turned around and now we're hovering around $17 with gold making similar moves. There's no reason for it that I can see. Usually when the fiats are up, the PMs are down and right now the fiats are taking the main stage.
***** For those of you that are buying, you might consider buying on Craigslist. You all know how to verify if what you're buying is legitimate silver and if you're just buying bullion so it's just a matter of buying for price. But if you're buying from Craigslist, make certain you're in a public place like a fast-food restaurant. Personally, I think that silver will continue to dip back to the $16 range before I buy again. Another thing to keep your eye on is the gold:silver ratio. Typically it had been 50:1 then 60:1. Today, that ratio is 72.8:1 so it would seem either gold has a long way to drop or silver has a few $$$s to increase. To achieve a 60:1 gold:silver ratio should be today's gold $1,220.90 silver should be $20.34
cheezburrg I think it takes a real man to admit to a mistake and share the mistake with others, distrust in our culture has been seeded for well over 150 years and the fact that people dont get enough pay for they work and through the hollywierd material ill driven lust for material things pushes people to hurt each other, its NOT taking the blame from the person that stolen this gent silver its just to point out how low our land and people went down. Sir, you did nothing wrong, its a manly thing to do is trust and believe yet choosing people that deserve your trust, God Bless
I have a large safe that I filled with 12 Olympic 45 lb plates (for weight lifting), the safe itself weighs about 600 lbs. I stacked 50 lb dumbbells (4) on top of the plates. If anyone breaks in they will have a hell of a time moving it. Otherwise there is nothing else in it. Imagine the look on their face after all that work.
Thomas Williams It's true,I may have to post a video on it. besides,If I was going to make up a story, it would involve a supermodel,a stolen Lamborghini, a police chase, a draw bridge jump on the six o-clock news, winning the lottery and huge fish I once caught off the Chilean peninsula while on a world champion arm wrestling competition tour hiding my identity as a figurehead of an international ring of espionage...and a close encounter with a white rhino while on safari...
bigsky1984camaro PROBABLY, NOW JUST A THOUGHT THAT CAME TO ME WHILE READING THIS: Wouldn't it be a pretty cool idea to invest in a couple of $300-ish Heavy safes: ONE, that you let word leak out about, that you keep your "pre-'82" coppers in, etc, and the second being super-hidden, that only YOU know of, and full of the REALLY valuable stuff. That way, the decoy IS still useful: Gotta put the pennies SOMEWHERE, and it will sound and feel like it is full of PMs... Yeah, they'll get 100lbs or whatever worth of copper, but they'll work their asses off for it and the REAL $$ will be SAFE, lol, in the SAFE!! :D
If you choose to put your silver or gold in a safe, make certain of 1 or 2 things. 1) either you have enough gold & silver in the safe to make it impossible or extremely difficult to pick up and steel the whole safe or 2) make certain that you put your gold & silver in a safe that cannot be moved out the door. For example build the doorway after you move in the safe. And never never tell anybody even your kids that you have gold & silver in the house. People nowadays will kill you or your loved ones to get it and most collectors do not want to kill someone to protect it either. We are living in critical times people. Caution is the word of the day.
I don't have kids, but having been one once, I can tell you that you especially shouldn't tell your kids. You can just imagine some day at school "Well my Dad has....!" From there its only a matter of time for some stupid kid to see easy money and do something stupid.
+Fred Flinstone Then again, there are many that collect silver that cannot use a safe to store their silver or PMs simply because they have too much to put into a safe. Often you need a room in your house dedicated to your collection because of the volume you have. Again, the need for privacy and the wisdom in being a "silent collector". Part of the trick is to just blend in to your neighborhood and surroundings. It's difficult to blend in while waving flags.
Any time silver is below $18 it's time to buy. Just keep stacking it. When the value of silver finally takes off, you will be glad you did. Just keep all the knowledge of your buying silver to yourself. Do not advertise it. That's what this link is all about.
Wow, I never thought my first little video would start a discussion/argument/fireworks etc. Thanks all for watching and for commenting, my apologies for not being super attentive. I will post another video before too long of a few new purchases I have bought since silver fell below $20 recently. All the best.
If you are buying on-line please research the bullion sellers (like APMEX, etc.), and factor in the cost of shipping, and sales tax if any. When I buy silver I always mark the box, or bag, with the purchase date and total cost (bullion/coin cost, shipping, and sales tax if collected). I've also started adding the "spot" price when I purchased the silver.
Thanks for the comment. I'm in Canada so there aren't many good options to buy online. I do keep a spreadsheet of what I pay for each ounce and it calculates a rolling average etc.
To me stacking is a way to save money i'd just blow .With the chance of silver going up is a plus .I'm in my late 30's so along way till retirement so i hope to have quite the stack by then.
DFDalton1962 I stated stacking at $35.00 it was up at 40 when i started to think about it.. 21/oz is still a very good price.People got spoiled the last 9 or 10 months seeing 18.00 to 19.00 ..
DFDalton1962 fuck no! It's CHEAP!! Gold is way too high. IF, IF, IF, what I've read is true, that there isn't even enough above-ground for every human living to have a silver eagle in their pocket, that there is MUCH more gold above-ground than silver, then it makes sense to keep 200-1,000 ounces in my posession. 65-1 gold to silver price ratio is WAY outta whack. When it drops back to 20-1, I'll be trading SOME of my ounces back for gold.
Hi Greg, I appreciate where you are coming from, despite your tone. I would not recommend going all in to silver, or anything for that matter, including dividend paying stocks and real estate. The traditional "buy and hold" mentality applied to such stocks can bite any of us. The dividend can easily be offset by the value of the stock tanking. Any stock can go to zero. Real estate has its place also, but can be risky like anything else. It can also be a royal pain, which I know from experience. Everything in balance. I view my silver as a hobby. I own a business, and am an active investor and trader of several markets including such stocks. That's where I expect generate my returns and income. Silver is something I would like to accumulate on the side as it is enjoyable to me. The idea of eventually accumulating a reasonable quantity of precious metals as part of a diversified portfolio is something I plan to do.
👏🏽👍🏽Thank you so so much. I’m a newbie. I’ve just ordered a few silver coins that hasn’t even arrived yet and this video gets up in my face. I’ll be taking your advice on board.
Thanks everyone for your comments, and for your warm welcome to the silver RUclips community! I'll have a small unboxing video coming soon for anyone who's interested.
Bring it on! You are easy to listen to...I'm sifting through and researching my options and appreciate the "real-ness" of the silver community...dig in then reach out and help others! Take care...Brent
cheezburrg don't let your encounter with the person who stole from you harden your hart. One of the best ways of getting joy is to be generous to others that truely need it ! Just get a safe and be more secretive about your wealth. Silence is Golden.
Sorry of your loss. Hiding your stack is smart and making sure while hidden is it physically secure as well. Two important takeaways you have taught us. Thank you for allowing us to learn from your misfortune. Appreciate the candor.
Thank you for sharing your story. You wouldn't think that your best friend or your family member would EVER do that, but unfortunately money changes people. By seeing your video, it made me realize that I need to do something with my collection since few people know about it :( Good luck to your sir!
Very good food for thought. Thanks for sharing. My personal situation dictates that I DON'T lock my silver and gold up. My only safe is a relatively inexpensive gun safe. Where my home to be burglarized, it would be the first thing to go. My stash sits in the bottom of a old bucket full of nails, string, and rusty tools. The last possible place anyone, including family, is going to dig around.
I have a safe that weighs 206lbs (Empty) with double locking mechanism; one electronic and the other key, and stands 2ft high. Maybe a bit overboard, but you never have to worry about it being stolen. It was a $600 safe that I got brand new for $100. How did I do that you ask? Basically I worked for OfficeMax and they discontinued the safe line and put it on clearance at a huge discount. I found that the safe had been damage, a forklift blade pierced the side skin with a small hole, so it voided it of any warranty. I made an offer of $100 and they let me have it. OfficeMax, Staples, all of those office supply stores put their safes on clearance over time, so it doesn't hurt to call and ask them if they have any. You never know.
Frank Furter 1000 lbs?????? yea i guess if you have the time to break in and walk out with a safe it wouldn't matter to the thief anyway since they would know it would be heavy as hell anyway. Better RUclips some booby traps then. lol
I started stacking years ago because it was a fun thing to do when my daughter was very young , I would take her to get a silver dollar. She is much older but still has her silver dollars. Keep stacking when you can.
I am your 100th subscriber !!!! ... just went from 99 subs to 100 ... woohooo. Best of luck with your silver stacking, enjoy the process, the diversity and the investment. SilverTroy76
Sage advice. Another piece of advice - don’t argue with your financial planner about your stack. They want to manage your money for a fee. Chances are they’ll do a fine job and have a good investment strategy, but I still want to control a certain amount of my wealth in cash and PMs and my former advisor learned this the hard way when he kept showing me how my returns in the market were about 80-90% better than my unrealized returns on PMs. He was focused on rate of return, period, rather than safety, diversification, hard assets and feeling secure.
Thanks for your great advise. I'm sure you will have saved some people from making your mistake. It's very disappointing that a close family member would have stolen from you. That's a real shame. Your relationship with that person will never be the same again.
its always sad when someone you trust family or not steals from you. I hope someday you can somehow replenish what was lost without hurting yourself of course.
Awesome stack, sorry to hear about what happen to you, that sucks, hopefully you were able to get your money back somehow, keep stacking and welcome to the community ...
Hello from Meenee-sOdah neighbor! i just wanted to say i loved your videos outro. No I am not inadvertently bashing the rest of your video. I loved the bluesy guitar with the closing message painted on a picket fence. Very smooth!
saw this video and decided to start collecting too...best thing ive ever done.bought myself 2 10oz bars and order coins every week from ebay from a trusted site....its good to escape the fiat casino paper money and have real tangable physical silver....if the economy hits the wall silver will be a safe place to store your wealth...highly recommend others to start collecting siver...thanks for this vid mate
Hi. I enjoyed this video very much and you did it very well (you are a fine speaker, saying much, yet saying a good and wise amount of info. I loved collecting coins since 8 years old I think, mostly found most because I am 76 and even silver dollars were easy to get before the govt got involved, etc. Now everything has to be purchased at high cost. I was feeling great up to 60, hard worker, thinking, wondering about retirement, etc...then suddenly (I won't go into much) but out of nowhere, in great health, I had to have a 5 way heart bypass, several months later, severe cancer operation, the diabetes, 6 more ops' came along...from collecting coins, some beautiful sets of all coins in folders, a BEAUTIFUL collection! But the bottom fell out and the bottom fell out completely, losing all, then waited for soc. sec...and now, disabled for years, sadly sold off all coins nearly, and that hurt. I do pick up a few Peace & Morgans (dollars) when I can and I love the Franklin and Standing Liberty halves...then sometimes I buy a few various size silver rounds or bars because I never lost the love and the fun with that greatest hobby (to me anyway.) Excuse the rambling. I guess I wanted to tell you how I lost most all of mine...I mean lost by selling them and making the drug store and doctors richer. Man, I had complete sets of Jefferson and most Indianhead nickels, Franklin and Mercury dimes...all the pennies except 1909-SVDB, & so much more. Now I still enjoy my very small box of stuff and enjoyed very much your letter, sad what happened of course(!) but I liked your personal story rather than watch persons open their boxes of coins or look at the dealers who like to buy our coins for under spot but charge up to 15 dollars over spot for their stuff. YOU had an instructive, though tough story to read and I am very sorry you had it happen. You sound like you love the hobby as I, so the anger and pain does recede somewhat. Life is the pits most of my life and I am very ready to go. There should be even a faithful, loving wife or friend...something to be of consolation instead of constant "downs" in life...so, it sound like you have much, with family, someone to love and empathize, etc...so hang on Friend and the best to you and yours...Best to you all the rest of the way....w
Em, I hope you have a big bolted down safe now? We spent $2400 on a Liberty Safe, and the next year were burglarized by a neighbor kid. Coppers got him, but he did not get my metals or wife's family jewlerly. Scratched the safe which insurance had repainted....When one is stolen from its like a personal violation.
$2400 hope its TL-15 rated or you overpaid. also you better hope you have a TL-15 next time because next time it won't be the neighborhood kid breaking in it might be a professional. too many stackers make the mistake of putting high valuables in gun safes.
Get an alarm. and video.. and also a good bolt down safe... You can get notified via your cell phone if somebody is in your house or messing with your safe..Also can get a tracker put on the safe cheap nowadays......
Very good advice. I haven't had anything stolen from my collection before, but I have had a relative take other stuff from me so I make sure to keep my collection locked up tight. Sad fact of life.
When I worked in a pawn shop, I saw lots of "tweakers" hocking silver collections that obviously didn't belong to them. I'd always try to engage the person about the collection to see if it was worth the risk if I suspected it was stolen. A lot of them had stolen from their family members, just like you.
You have to be careful because some people mistake kindness for weakness, and it doesn't pay to trust anyone when it comes to desperation especially when it comes to needing extra cash for a heavy dope habit.
Nice info; if you know a 'good' cabinet maker you can have a shelving unit or cabinet made with a 'false' bottom. Only 'you' or a person who knows can access this area. You just need to use a pair of plyers to pull out the wooden 'plugs' and then pull out the bottom hidden drawer. "Good luck!"
Great piece of addvice. I had my collection stolen when I was only 13, it was a family member that was staying with us. The problem was I was so proud of my collection that I showed her everything, plus where I kept it. One does learn from this kind of mistake and I never show any Family member where I keep my collection now.
Great video and it goes to show magpies are attracted to bright, shiny things. What I take away from it is one of the comments, mark the box, note the spot price etc. Sorry to hear about your loss but you sound like a man who doesn't make the same mistake twice. Good luck!
If you don't mind putting a bit off effort into the stack post-purchase, consider diversifying into semi-numismatic coins and collectible (limited edition) rounds. Getting these when their premium is low and selling them after a while (few months to 3 years) can nett you nice extra ounces, providing you re-invest before silver or premiums rise. If you're selling during a silver correction, delaying your re-investment can be a possible way to leverage that little trade even more. Not saying it always works out, but when you get a nice profit from the sale, you have the luxury that you can try and time the purchase beofer you risk making a loss. Suck 10oz bars and Maple Leafs will be hard to ever turn into more silver. Well you might manage when you sell the Maples in small qty locally (classifieds?), buy back something like the Provident Year of the Horse rounds, and then sell those after they've stopped producing them. You might be able to turn 20 Maples into 21 Horses, and those Horses next year into 23 or more ounces next year. A lot of effort at $20/oz? Tell your future self, in case silver did go to the moon and you're stuck with coins that were all original purchases, not flipped silver when the opportunity was right there. My mistake was to start with kilo bars. They seems cheap, but weren't, due to local tax regs. Had a really hard time unloading those, but managed to do at a time I could get other (nicer) bullion cheaply. I think I turned them into kilo coins effectively. Which is a bit of a reduced loss. I can now try to claw back all lost ounces of the dumb first purchases, and try to get into profits. Measures in ounces, mind you. Later purchases (bar some junk coins) have done much better for me.
Love those stacks of silver...so shiny and glitzy. Almost makes you “salivate”...ha, ha. My advice is keep stacking thru all the downs, and holding steady on the ups.
It took me many times to learn this valuable lesson I will share with all of you.
There are only 2 people you can absolutely trust:
1. You
2. The person in the mirror. (Even he seems a bit sketchy at times, so keep an eye on him just to be safe)
Teninchterror
Sure bro but I think your statement is a reflection on you , your family and friends and the environment you grew up in and live in.
lol
So, the whole point of this video is about your lack of thinking on how to store silver in your house... That's okay, shit happens. When I started buying silver, It was through Littleton Coin company. What i didn't know at the time(around 2000-2001) that I was paying too much money for silver American Eagles... by 15.00-20.00. That was when silver was around 6-8 dollars per Oz. I friend of mine told me that you could buy elsewhere cheaper.....I never bought another coin from littleton again...Plenty of coin shops that are fair and honest....whether in person or online.
are you a buyer or an affiliate marketer?
Bbc
I started stacking silver two years ago! I’m only 14 btw! Hope to have a hell of a stack by the time I’m 20
Great job Charlie!
Thanks for the comments all. I'm incredibly surprised at the response, thanks for watching. I haven't had much contact with the person who stole my silver but I wish them no ill, just hope they reform, though I don't really know if that's possible. No addiction issues that I know of, just the person was going through tough times due to a break up, and I don't think there was enough money to go around. One lesson we have learned is to be more careful of who we let into our home, and are perhaps not as trusting as we were before. That in itself is kind of too bad, as I've always been a trusting person as has my wife, Just goes to show that everyone needs to be vigilant and have some street smarts. Thanks also for the comments on my little ditty at the end, I;m pretty sure more people have heard me play on this video than on any other recording I've played on ha!
On the silver front, waiting to see if 15 bucks is tested and broken again soon. If it breaks, I'm waiting for closer to 10 bucks, if it breaks and doesn't get to 10, I may buy some more if it breaks 15 to the upside. We are in a huge downtrend in the metals and oil etc. now, and continue to reach new all time highs in the stock market. Will be interesting to see how it goes. I've traded the silver futures back and forth between 16-20 bucks several times, but with physical I'm of course looking at the longer term picture, so holding off for now. Though I may look for a tube of 2014 Maples before they dry up just to have some from each year.
Merry Christmas/happy holidays to all, and all the best for the new year.
Same here, going in a couple of K's if it goes
NickMack Unless things turn around, I think you may have missed your buying opportunity for less than $15. That was last Nov. Then over this weekend things turned around and now we're hovering around $17 with gold making similar moves. There's no reason for it that I can see. Usually when the fiats are up, the PMs are down and right now the fiats are taking the main stage.
***** For those of you that are buying, you might consider buying on Craigslist. You all know how to verify if what you're buying is legitimate silver and if you're just buying bullion so it's just a matter of buying for price. But if you're buying from Craigslist, make certain you're in a public place like a fast-food restaurant. Personally, I think that silver will continue to dip back to the $16 range before I buy again. Another thing to keep your eye on is the gold:silver ratio. Typically it had been 50:1 then 60:1. Today, that ratio is 72.8:1 so it would seem either gold has a long way to drop or silver has a few $$$s to increase. To achieve a 60:1 gold:silver ratio should be today's gold $1,220.90 silver should be $20.34
cheezburrg I think it takes a real man to admit to a mistake and share the mistake with others, distrust in our culture has been seeded for well over 150 years and the fact that people dont get enough pay for they work and through the hollywierd material ill driven lust for material things pushes people to hurt each other, its NOT taking the blame from the person that stolen this gent silver its just to point out how low our land and people went down. Sir, you did nothing wrong, its a manly thing to do is trust and believe yet choosing people that deserve your trust, God Bless
I think 15$ range is the base lowest it will ever be. Considering deficits, production, supply, charts, etc
I have a large safe that I filled with 12 Olympic 45 lb plates (for weight lifting), the safe itself weighs about 600 lbs. I stacked 50 lb dumbbells (4) on top of the plates. If anyone breaks in they will have a hell of a time moving it. Otherwise there is nothing else in it. Imagine the look on their face after all that work.
aww lol...
Thomas Williams It's true,I may have to post a video on it. besides,If I was going to make up a story, it would involve a supermodel,a stolen Lamborghini, a police chase, a draw bridge jump on the six o-clock news, winning the lottery and huge fish I once caught off the Chilean peninsula while on a world champion arm wrestling competition tour hiding my identity as a figurehead of an international ring of espionage...and a close encounter with a white rhino while on safari...
Thomas Williams just put one of my "safe" videos up. I have two safes set up the same way. The vid is of the smaller one.
bigsky1984camaro PROBABLY, NOW JUST A THOUGHT THAT CAME TO ME WHILE READING THIS: Wouldn't it be a pretty cool idea to invest in a couple of $300-ish Heavy safes: ONE, that you let word leak out about, that you keep your "pre-'82" coppers in, etc, and the second being super-hidden, that only YOU know of, and full of the REALLY valuable stuff. That way, the decoy IS still useful: Gotta put the pennies SOMEWHERE, and it will sound and feel like it is full of PMs... Yeah, they'll get 100lbs or whatever worth of copper, but they'll work their asses off for it and the REAL $$ will be SAFE, lol, in the SAFE!! :D
Interesting....a back up dummy safe for the dummy safe, I think you are on to something.
If you choose to put your silver or gold in a safe, make certain of 1 or 2 things. 1) either you have enough gold & silver in the safe to make it impossible or extremely difficult to pick up and steel the whole safe or 2) make certain that you put your gold & silver in a safe that cannot be moved out the door. For example build the doorway after you move in the safe. And never never tell anybody even your kids that you have gold & silver in the house. People nowadays will kill you or your loved ones to get it and most collectors do not want to kill someone to protect it either. We are living in critical times people. Caution is the word of the day.
I don't have kids, but having been one once, I can tell you that you especially shouldn't tell your kids. You can just imagine some day at school "Well my Dad has....!" From there its only a matter of time for some stupid kid to see easy money and do something stupid.
Use 4" lag bolts to attach your Safe to a Concrete slab. An unsecure Safe can be chained to a truck and ripped out of the house. Walls and all.
+Fred Flinstone Then again, there are many that collect silver that cannot use a safe to store their silver or PMs simply because they have too much to put into a safe. Often you need a room in your house dedicated to your collection because of the volume you have. Again, the need for privacy and the wisdom in being a "silent collector". Part of the trick is to just blend in to your neighborhood and surroundings. It's difficult to blend in while waving flags.
Todd White I have only 4 ounces of silver in my safe...
Any time silver is below $18 it's time to buy. Just keep stacking it. When the value of silver finally takes off, you will be glad you did. Just keep all the knowledge of your buying silver to yourself. Do not advertise it. That's what this link is all about.
Never speak of owning or having metals.
+See Canon Absolutely. Well said. Rule Number 1- Don't tell anyone.
You just did.
only tell 3 people, YOU, YOURSELF, and lastly YOURS TRULY..
Jason Foster how come?
Your too paranoid..
Wow, I never thought my first little video would start a discussion/argument/fireworks etc. Thanks all for watching and for commenting, my apologies for not being super attentive. I will post another video before too long of a few new purchases I have bought since silver fell below $20 recently. All the best.
sounds like you have a lot of patience. good for you.
it will help you on your quest.
Did you know that with ISN, you can save and earn at the same time?www.preciousmetaltrends.com/dondeegold
You are on the right path young Jedi! :--) Let me tell you though> Buy SILVER EAGLES!
Keep stacking and keep it secure!
If you are buying on-line please research the bullion sellers (like APMEX, etc.), and factor in the cost of shipping, and sales tax if any. When I buy silver I always mark the box, or bag, with the purchase date and total cost (bullion/coin cost, shipping, and sales tax if collected). I've also started adding the "spot" price when I purchased the silver.
Thanks for the comment. I'm in Canada so there aren't many good options to buy online. I do keep a spreadsheet of what I pay for each ounce and it calculates a rolling average etc.
SickKnowledge82 i like the way you think.
I know this comment was 4 years ago but provident has free shipping on orders of 99 dollars. And there prices are the same as apmex
To me stacking is a way to save money i'd just blow .With the chance of silver going up is a plus .I'm in my late 30's so along way till retirement so i hope to have quite the stack by then.
DFDalton1962
I stated stacking at $35.00 it was up at 40 when i started to think about it.. 21/oz is still a very good price.People got spoiled the last 9 or 10 months seeing 18.00 to 19.00 ..
weizenale
DFDalton1962 fuck no! It's CHEAP!! Gold is way too high. IF, IF, IF, what I've read is true, that there isn't even enough above-ground for every human living to have a silver eagle in their pocket, that there is MUCH more gold above-ground than silver, then it makes sense to keep 200-1,000 ounces in my posession. 65-1 gold to silver price ratio is WAY outta whack. When it drops back to 20-1, I'll be trading SOME of my ounces back for gold.
Clayton Mallinson
it's a perfect time
Good video man, and it is nice to see another person starting out. Sorry for your loss man.
Dude your a great communicator I love the initial description of its purpose for you. Great way of putting it
Hi Greg,
I appreciate where you are coming from, despite your tone. I would not recommend going all in to silver, or anything for that matter, including dividend paying stocks and real estate. The traditional "buy and hold" mentality applied to such stocks can bite any of us. The dividend can easily be offset by the value of the stock tanking. Any stock can go to zero. Real estate has its place also, but can be risky like anything else. It can also be a royal pain, which I know from experience. Everything in balance.
I view my silver as a hobby. I own a business, and am an active investor and trader of several markets including such stocks. That's where I expect generate my returns and income. Silver is something I would like to accumulate on the side as it is enjoyable to me. The idea of eventually accumulating a reasonable quantity of precious metals as part of a diversified portfolio is something I plan to do.
Well said! Precious metals should be part of a diversified portfolio. It really does have the added benefit of being a great hobby too though! :-)
Thanks for the upload. Sorry for you loss
Thanks Cheese. We all learn from our mistakes... I hope! God Bless ya and better luck in the future!!
👏🏽👍🏽Thank you so so much. I’m a newbie. I’ve just ordered a few silver coins that hasn’t even arrived yet and this video gets up in my face. I’ll be taking your advice on board.
just stumbled upon your channel, just wanted to show some love being that i just started my channel last week, happy stacking!!
Thanks everyone for your comments, and for your warm welcome to the silver RUclips community! I'll have a small unboxing video coming soon for anyone who's interested.
Bring it on! You are easy to listen to...I'm sifting through and researching my options and appreciate the "real-ness" of the silver community...dig in then reach out and help others! Take care...Brent
cheezburrg don't let your encounter with the person who stole from you harden your hart. One of the best ways of getting joy is to be generous to others that truely need it ! Just get a safe and be more secretive about your wealth. Silence is Golden.
Sorry of your loss. Hiding your stack is smart and making sure while hidden is it physically secure as well. Two important takeaways you have taught us. Thank you for allowing us to learn from your misfortune. Appreciate the candor.
I'm telling nobody about my silver stacking... none of my friends know. As a precaution of course.
Now we know lol. Just kidding.
not even your old lady brother
Definitely not friends,,,
So sorry to hear that pal. And you're right to get this person dealt with. I hope you get your gold back.
Great video...even busy guys can have fun....
Thank you for sharing your story. You wouldn't think that your best friend or your family member would EVER do that, but unfortunately money changes people. By seeing your video, it made me realize that I need to do something with my collection since few people know about it :(
Good luck to your sir!
this is so true family will rip u off faster then anyone. great advice. my advice is tell no one.
+drew856856 been there and you are right..If you dont have to tell anyone.
+Richard Feldman two people can keep a secret if one of them is dead.
your approach to silver is the same as mine: taking it easy and enjoying it!
Good advice and a wake up call to me, thanks from downunder!
Very nice 1st video !!!!! Love what you have , keep making videos
Thanks for sharing your experience. I appreciated your down to earth approach and willingness to pass on your lesson.
Thank you for your safe advice. I did buy one, bolted to the wall. Good luck stacking!
Best advise, Thanks for sharing. I am sorry for your loss The silver and gold, And sadly, family you can trust,
Sorry for your loss. Thank you for the valuable advice
Always great advice. Sorry about your lost mate, hopefully you found a safe worth the lesson.
The first sensible vid I have seen , you are doing it the right way I am doing it the same way , I commend you
Sound advice indeed!! Keep stacking!
Very good food for thought. Thanks for sharing. My personal situation dictates that I DON'T lock my silver and gold up. My only safe is a relatively inexpensive gun safe. Where my home to be burglarized, it would be the first thing to go. My stash sits in the bottom of a old bucket full of nails, string, and rusty tools. The last possible place anyone, including family, is going to dig around.
+Hans “Hanzy4200” S. probably a good idea to change places (now, he he), another good idea is to split-up your stash in multiple places
Good points! Keep up the good work.
All good, you learned something valuable. Keep your head up and our best to you!
Nice stack!
Hey thank you!
Great advice for the newbie. Sometimes we learn the hard way.
Your not alone..
Subbed & Liked
Hey Cheez, I've been Stacking for a couple years now and enjoy meeting new stackers. You have some beautiful silver. Great Advice! New sub...
Thank you!
I have a safe that weighs 206lbs (Empty) with double locking mechanism; one electronic and the other key, and stands 2ft high. Maybe a bit overboard, but you never have to worry about it being stolen. It was a $600 safe that I got brand new for $100. How did I do that you ask? Basically I worked for OfficeMax and they discontinued the safe line and put it on clearance at a huge discount. I found that the safe had been damage, a forklift blade pierced the side skin with a small hole, so it voided it of any warranty. I made an offer of $100 and they let me have it. OfficeMax, Staples, all of those office supply stores put their safes on clearance over time, so it doesn't hurt to call and ask them if they have any. You never know.
good advice
206lbs is nothing for a couple guys or a guy with a fridge cart...
Frank Furter Fill it with a couple more hundred pounds of coins and lets see these couple of guys walk out now. ;)
scusucks
400lbs isn't much at all. I could get that out with a fridge cart easily. 2 guys could carry that out...
Frank Furter 1000 lbs?????? yea i guess if you have the time to break in and walk out with a safe it wouldn't matter to the thief anyway since they would know it would be heavy as hell anyway. Better RUclips some booby traps then. lol
Thank you for sharing Man! Good advice, good Man!
Thanks cheezburrg!I got me a little silver and decided to become a stacker.I think I'm going to heed your advice and get at least one safe.
I started stacking years ago because it was a fun thing to do when my daughter was very young , I would take her to get a silver dollar. She is much older but still has her silver dollars. Keep stacking when you can.
So sorry about the theft man. That hurts big time. Nice video and looking forward to more!
I am your 100th subscriber !!!! ... just went from 99 subs to 100 ... woohooo. Best of luck with your silver stacking, enjoy the process, the diversity and the investment.
SilverTroy76
Thanks for making this video, I’m fairly new also
Great Job by the way
Good advice
Good video am new to all this to thank you. New to stacking.
Thx bro I'm just starting to buy silver. I'm now planning to pick a safe up this weekend because of this video nice collection by the way.
Sage advice. Another piece of advice - don’t argue with your financial planner about your stack. They want to manage your money for a fee. Chances are they’ll do a fine job and have a good investment strategy, but I still want to control a certain amount of my wealth in cash and PMs and my former advisor learned this the hard way when he kept showing me how my returns in the market were about 80-90% better than my unrealized returns on PMs. He was focused on rate of return, period, rather than safety, diversification, hard assets and feeling secure.
Sorry to hear that. Hope you get a nice safe to keep your things in now.
I'm a 2000 oz newbie. Welcome to the stacked comunity. Happy stacking
Thanks for your great advise. I'm sure you will have saved some people from making your mistake. It's very disappointing that a close family member would have stolen from you. That's a real shame. Your relationship with that person will never be the same again.
great advice! nice video
I;m sorry about your loss buddy.. beautiful troy bars.. those are precious.
its always sad when someone you trust family or not steals from you. I hope someday you can somehow replenish what was lost without hurting yourself of course.
Thanks for the advice , I will put it in a safe place !
great video. keep on stacking
Awesome stack, sorry to hear about what happen to you, that sucks, hopefully you were able to get your money back somehow, keep stacking and welcome to the community ...
Thanks brother.....As a newbie I will keep this in mind
Sad but true, great video keep them coming. Thanks, Mike
Thanks, will do!
Thank you for the sound advice.
Thanks for sharing your story. It may save others from the same incident.
Over 52,000 views in less than six months on a stacker channel; impressive. Good luck to you and happy stacking.
Thanks!!! Great advice!!!. Glad I watched!!!! Thank you for sharing. Now I know where i want to hide my stash.
Hello from Meenee-sOdah neighbor! i just wanted to say i loved your videos outro. No I am not inadvertently bashing the rest of your video. I loved the bluesy guitar with the closing message painted on a picket fence. Very smooth!
saw this video and decided to start collecting too...best thing ive ever done.bought myself 2 10oz bars and order coins every week from ebay from a trusted site....its good to escape the fiat casino paper money and have real tangable physical silver....if the economy hits the wall silver will be a safe place to store your wealth...highly recommend others to start collecting siver...thanks for this vid mate
Moms always told me dont even trust your shadow.
very wise woman
Excellent content!
Just subscribed..thanks for sharing!
Nice video man. Thanks for sharing. I just started buying silver and some gold. I will be getting a safe soon.
Hi. I enjoyed this video very much and you did it very well (you are a fine speaker, saying much, yet saying a good and wise amount of info. I loved collecting coins since 8 years old I think, mostly found most because I am 76 and even silver dollars were easy to get before the govt got involved, etc. Now everything has to be purchased at high cost.
I was feeling great up to 60, hard worker, thinking, wondering about retirement, etc...then suddenly (I won't go into much) but out of nowhere, in great health, I had to have a 5 way heart bypass, several months later, severe cancer operation, the diabetes, 6 more ops' came along...from collecting coins, some beautiful sets of all coins in folders, a BEAUTIFUL collection! But the bottom fell out and the bottom fell out completely, losing all, then waited for soc. sec...and now, disabled for years, sadly sold off all coins nearly, and that hurt.
I do pick up a few Peace & Morgans (dollars) when I can and I love the Franklin and Standing Liberty halves...then sometimes I buy a few various size silver rounds or bars because I never lost the love and the fun with that greatest hobby (to me anyway.) Excuse the rambling. I guess I wanted to tell you how I lost most all of mine...I mean lost by selling them and making the drug store and doctors richer. Man, I had complete sets of Jefferson and most Indianhead nickels, Franklin and Mercury dimes...all the pennies except 1909-SVDB, & so much more. Now I still enjoy my very small box of stuff and enjoyed very much your letter, sad what happened of course(!) but I liked your personal story rather than watch persons open their boxes of coins or look at the dealers who like to buy our coins for under spot but charge up to 15 dollars over spot for their stuff. YOU had an instructive, though tough story to read and I am very sorry you had it happen. You sound like you love the hobby as I, so the anger and pain does recede somewhat. Life is the pits most of my life and I am very ready to go. There should be even a faithful, loving wife or friend...something to be of consolation instead of constant "downs" in life...so, it sound like you have much, with family, someone to love and empathize, etc...so hang on Friend and the best to you and yours...Best to you all the rest of the way....w
rule 1 don't trust family especially
Michael Martin amen! Family has screwed more people over than anyone.
Thanks for the "Safe Tip"
sorry for your loss u sound like a nice person ,ps don't trust anyone especially family
Thanks for the heads up.
I stack gold and silver chains
Wow Amazing Video I hope to See more from you soon!! I Can Tell you put time into this Keep up the Great Content!
Em, I hope you have a big bolted down safe now? We spent $2400 on a Liberty Safe, and the next year were burglarized by a neighbor kid. Coppers got him, but he did not get my metals or wife's family jewlerly. Scratched the safe which insurance had repainted....When one is stolen from its like a personal violation.
$2400 hope its TL-15 rated or you overpaid. also you better hope you have a TL-15 next time because next time it won't be the neighborhood kid breaking in it might be a professional. too many stackers make the mistake of putting high valuables in gun safes.
Get an alarm. and video.. and also a good bolt down safe... You can get notified via your cell phone if somebody is in your house or messing with your safe..Also can get a tracker put on the safe cheap nowadays......
Very good advice. I haven't had anything stolen from my collection before, but I have had a relative take other stuff from me so I make sure to keep my collection locked up tight. Sad fact of life.
Keep stacking and get a safe. Great vid.
Don't matter that's why they're ur closest trusted friends and family because when ur not around u unknowingly give them ur shit !
When I worked in a pawn shop, I saw lots of "tweakers" hocking silver collections that obviously didn't belong to them. I'd always try to engage the person about the collection to see if it was worth the risk if I suspected it was stolen. A lot of them had stolen from their family members, just like you.
Sorry for your loss
great lesson amigo keep making videos....
Thanks for the advice, looking forward buying a safe 👍🏼
thanks for the video man. much appreciated.
one thing about the safe you get. make sure it can be bolted to the floor or or something similar. fireproof is another good option.
Welcome! So sorry about the betrayal and the loss...
You have to be careful because some people mistake kindness for weakness, and it doesn't pay to trust anyone when it comes to desperation especially when it comes to needing extra cash for a heavy dope habit.
Dang, it’s like I’m seeing my first stacking video! Nice work! I continue to look for AT SPOT silver.
Thank you for sharing this advice.
Nice info; if you know a 'good' cabinet maker you can have a shelving unit or cabinet made with a 'false' bottom. Only 'you' or a person who knows can access this area. You just need to use a pair of plyers to pull out the wooden 'plugs' and then pull out the bottom hidden drawer. "Good luck!"
Good advice my friend. Can't trust anyone these days...
I don't even talk about my stuff with myself, just incase I have a split personality disorder and one of my personalities is a little sketchy....
Sorry to hear about your bad experience but I like your approach toward saving silver, my feelings are the same.
Great piece of addvice. I had my collection stolen when I was only 13, it was a family member that was staying with us. The problem was I was so proud of my collection that I showed her everything, plus where I kept it.
One does learn from this kind of mistake and I never show any Family member where I keep my collection now.
Thanks a lot for the advice
thank you for sharing....sometimes we need to be reminded of the safety measures
Great video and it goes to show magpies are attracted to bright, shiny things. What I take away from it is one of the comments, mark the box, note the spot price etc.
Sorry to hear about your loss but you sound like a man who doesn't make the same mistake twice. Good luck!
If you don't mind putting a bit off effort into the stack post-purchase, consider diversifying into semi-numismatic coins and collectible (limited edition) rounds. Getting these when their premium is low and selling them after a while (few months to 3 years) can nett you nice extra ounces, providing you re-invest before silver or premiums rise. If you're selling during a silver correction, delaying your re-investment can be a possible way to leverage that little trade even more. Not saying it always works out, but when you get a nice profit from the sale, you have the luxury that you can try and time the purchase beofer you risk making a loss.
Suck 10oz bars and Maple Leafs will be hard to ever turn into more silver. Well you might manage when you sell the Maples in small qty locally (classifieds?), buy back something like the Provident Year of the Horse rounds, and then sell those after they've stopped producing them. You might be able to turn 20 Maples into 21 Horses, and those Horses next year into 23 or more ounces next year. A lot of effort at $20/oz? Tell your future self, in case silver did go to the moon and you're stuck with coins that were all original purchases, not flipped silver when the opportunity was right there.
My mistake was to start with kilo bars. They seems cheap, but weren't, due to local tax regs. Had a really hard time unloading those, but managed to do at a time I could get other (nicer) bullion cheaply. I think I turned them into kilo coins effectively. Which is a bit of a reduced loss. I can now try to claw back all lost ounces of the dumb first purchases, and try to get into profits. Measures in ounces, mind you. Later purchases (bar some junk coins) have done much better for me.
good video !
what do you consider the best thing to buy ?
That's a real shame Cheez, hope everything comes back your way double =)
Love those stacks of silver...so shiny and glitzy. Almost makes you “salivate”...ha, ha. My advice is keep stacking thru all the downs, and holding steady on the ups.