You Need THIS MUCH Silver To Be In The Top 1% / 5% / 20% Of All Stackers! A Full Breakdown
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- Опубликовано: 26 сен 2024
- In this video I do a full breakdown outlining how much silver you need to have to be in the top 20%, 5%, and 1% of private silver stackers around the world.
Be sure to watch this video to the very end because it is full of useful information!
None of this advice - I am not a financial advisor - this is educational material!
Data Sources:
JM Bullion Silver Ownership Breakdown
www.jmbullion....
Global Silver Reserves
www.statista.c...
Top 100 Assets List
companiesmarke...
Silver Institute Data
www.silverinst...
Silver Reserves per Country Article
investingnews....
How Much Silver Is There Article I
www.gainesvill...
How Much Silver Is There Article II
www.jmbullion....
#silver #silverprice #silverstacker
Great video. My wife and I started stacking in the summer of 2020. Our first goal was 100 ounces. Then we set sights on 500 ounces. We stopped counting ounces after stacking #1,000 last summer. I budget buying ten ounces per week or more if the spot price is tanking. Keep stacking my Friends. The future of money is silver and gold.
why are you referring to yourself as we?
My wife and I are a we @@jacksprrow
Nice I have 60 ounces I’m 20 100 is the goal !
I felt your numbers, especially for the top 1% was extremely low.
Gold, yes, silver---> 100% no. There is literally gigatons of the stuff in Mexico/Peru etc waiting to be mined/refined. You have to be stupid to own silver long term.
This was very interesting! I never would have guessed that I was in the top 1% of much of anything, but here we are. I would love to see the breakdown for gold too, please. Thank you!
If enough people ask - we can make the gold video happen. Thanks for watching and commenting.
@@baldguymoneyofficial I want to know also count me in 🤑🤑👍
@@baldguymoneyofficial me 2! im with quicksilver
@@baldguymoneyofficial Great video--please do one for gold!
@@baldguymoneyofficial yea that would be cool
Started stacking in 1999. Haven't recounted my total for a few years but according to this video I'm easily in the 1%. Feels good man.
Holy cow, I've never been in the top 1% of anything. 😆 Top 1% of silver stackers is a good place to be. Thanks, you have made my day.
Thank you for watching!
@@baldguymoneyofficial Thanks for the informative video.
I stacked 520oz but had to liquidate due to having a recent surgery. Came in handy. Currently I have 350oz and stacking.
Hope U are well, do take care of your health. 😁
Sweet ! My stack would place me, my wife, my 2 kids, and my 2 dogs, each of us in the 1% club. My wife insisted that I stop stacking silver 20 years ago when I surpassed my body weight of 200 lbs, she said if we have to bug out I couldn't carry that much weight around. But I can't pass up a good deal now and again so it has grown to about 4,000 troy since then. I am working on a 2nd Kilo of Gold though, keep on stacking !
Awesome!! I'm at 70% of my age in gold, and 103% of my weight in silver. My wife has no clue what I have in that safe. It's all for her though. 😁
That’s awesome! 😊
😳😳40.000? That's about 1.000.000 Paperdollars. Not bad👍.
@@jethrobell1364 Explain it to her while you still can, otherwise it will just be something else she just has to figure out.
@@mybad8805 Or leave a detailed, written instruction manual with it.
Interesting as others have also noted. I never made more than $50K/yr, even with my wife's pay check added in. But equally divided between kids, wife and myself, my holding puts us all in that 1%. However, I always considered it more valuable to take one's full monetary worth (minus housing) and figure what percentage of that total you have in precious metals. I'm a little less than 1/3rd%. None of it was as investment to gain wealth but rather to try and protect a little of my savings for when the SHTF.
Pretty sure SHTF will happen. Silver stacking makes for a good hedge against uncertainty.
Holy Moses I just hit 3015 ounces and my wife said we got enough. According to your video you make us way up in the highest bracket by 6X over. Wow. All I did was buy about 10 ozs a week and just whatever was on sale. Did about half in rounds and half in 10 oz bars. We have no 401K our metals are our savings. When wife said no more silver I started on fractional platinum, mostly 1/10th oz Britannias but just hit 2 ozs on those. Don't trust stocks or paper money as they can be worthless in a split second. ... God bless and thanks for the video
Thank you Anthony! You are truly fortunate. I also did a video for Americans here: ruclips.net/video/UXENdkmapAY/видео.html
She is hinting at you starting the 401k.
@@mybad8805 I just say No abla and now buying gold
How old are you? You may want to think about buying something else but precious metals for retirement, you'll be living pretty skinny.
@@dustoin1386 You may be right or maybe the metals will moonshot... I can work another 14 years if I wish... I have a feeling the price manipulation may be on its way out the door pretty soon.
I bought my first bit of silver at the end of October. I felt like I was pretty late to the party. This definitely boosted my spirit a bit. I'm already on the list, barely but I'm there.
Every journey start with the first step. Money burns on Hand...Silver stay cool
Congratulations . . Job Well Done
I purchased my first ounce in November of last year, just this Saturday I calculated all of the silver up and I now have over 55 oz! To learn that I am in the top 20% of silver stackers while personally thinking I was in the bottom 10% is really reassuring to me. I didn't even think that I had that much, but seeing all of these numbers in context really makes me rethink my journey. I know millions would kill to own as much silver as I do now, and I find it insane that I personally own this much as well! My goal is by the end of next year to be in the top 5%, and maybe top 20% of gold stackers as well, hopefully that number is pretty low itself!
Great stuff! Good luck on your journey.
@@baldguymoneyofficial The 1%ers of yesterday will not be the 1%ers of 2023
Many of the 1% get by on the old system, and think it will recover. Family money, etc. Ira's, 401s , and they don't do currency or stocks really.. I feel sorry for those people. I'm gonna be a 1%er 😊 lol
well you are probably in the bottom 30% of american middle class stackers, however Raj from india and Pavel from moldova have 2 ounces as their life savings which is pumping you up to the top 20%, you might aswell just be lucky to be born in america and consider that alone top 20%
Stacks up quick.
I never thought much about the amount of silver bullion I accrued over the past 18 years. So, I weighed it up and it comes to 1214 and 1/2 ounces. It sure adds up over time. What's amazing is I don't recall having strained my regular lifestyle budget. (No frills).. 😁
Yeap I would think 1000oz silver might be top 1%
same way i did it, but i started in the late 90's and if you buy here and there and don't miss the money then its the best investment you can have
silver is too heavy, try gold.
@@um8440
Thx Capt'n Obvious
I have only started stacking last year and I own 2 tubes (25 1OZ coins each). Quite cool that this already puts me in the top 20% of all silver holders. (:
Silver is just so god damn incredibly cheap even though its so rare and has so much use. I really baffles me.
Even 500 ounces (top 1%) are only like 20 tubes. That is around 15,5kg of sliver or around 13.500€ with taxes in Germany. Yes it is a lot of money and a lot of weight ... but not really?
I mean it weighs less than 2 six-packs of pepsi (1,5l bottles). And it is around 1 year rent for an apparentment in a bigger German city (1125€ per month). Also 20 tubes easily fit in a childrens shoe carton.
It is just so baffling how rare yet cheap silver is today.
If any rich entity on this world decides to buy up silver it will all instantly be gone. There were around 800 million ounces of silver mined in 2022. That is around 18,5 billion dollars for all silver mined on earth for a whole year. Musk yoloed 40 billion for twitter on a whim. All of this is just mindblowing.
According to your analysis I would fit into the .01%, Since becoming debt free I have put a large portion of my wealth into physical silver, been stacking physical silver since 2002, just from what I inherited from my father put me in the 1% bracket, I stack silver because I have a super low tolerance for counter party risk, one of the best videos I have watched in a long time thank you
Thanks RWG - your comments and insight are always appreciated here. I too am one of those people who believe in being debt free. Cheers!
Good comment. I also was wondering about the top 0.1% and 0.01% of silver stackers. I like the measurement / estimate but the measuring
stick is a little short. I know a number of people with several hundred to several thousand ozs. of silver stacked, so this is not an idle comment.
Whats the .01% minimum?
@@edb3877 Me too, with just a little less than 54,000 ounces I'm thinking I might be in the .1% as well? Every month I'm adding and loving the sub $20 pricing!
People like you and those who post here give me reassurance that the ratio of bullion holders vs those without are more akin to 1:20
I don't know if this is based on a comment I left quite awhile ago, but I'm glad you made this video.
I trust your analysis over anything I've found online.
Based on your numbers, I fall in the top 2% - 3%, but my stack grows every week.
Well done!
Hi Racer - I am so glad you enjoyed the video. Truth is I saw some on chain analysis of Bitcoin that showed something similar to this and I thought it would be cool to do a video about it as it relates to silver. Glad to hear you're doing well - all the best!
I am so proud to be a part of this particular club of 1%, never dreamed of being in it and when i did i had no idea i would.
I started “stacking” right after last spring. I now have 168 oz. I just started watching the video so I am interested to see what percentage group I’ll be in. I have spread the “stacking” lifestyle to about 7 friends, my father, my sister, and several neighbors. It feels good to empower and teach others about God’s money.
Nice!
nice, I needed 2,5 years to come up with that number
@@vilectro Epic, there is nothing wrong with that at all, Selah. Praise The LORD Jesus Christ!
Well I'm priced out now at $30+ for generics rounds...I only got half way to my 1000oz goal😭
same answer to you, why share such info and include your full name?
Very interesting - so I am in the top 1% 😆 would love to see the gold video and a video about how people use presious metals in countries with run away inflation or during the Great Depression.
Congrats! Thanks for watching and commenting. I can do a video like that - I will make a note of it right now. All the best!
I 2nd the above and would love to see the equivalent video for gold
And what records do you have of precious metals in a hyperinflation scenario
Great video. Yay I am in the one percent X a lot. I am simply a retail worker who stacked continuously since 2013. The data you presented makes me feel very good about my personal circumstances.
Well played Mystery. Slow and steady, stay on target…
I work in retail also and have been stacking since 2019 and am in the top 5% and almost in the 1% bracket. Seriously.... People have no excuse for not having some sort of savings or safety net. Keep stacking good sir.
Good job I hope to get there rather sooner then later
I initially decided to stop stacking silver at 200 oz. However, I keep adding here and there when I can reduce my average cost. I am currently at 995 oz
Most interesting report. I have stacked silver and gold continually since 2008. I purchase my silver on pull backs rather than chase it higher. It is amazing that only 10% of the population actually own any silver. It is a tiny market. I record all my purchases of metals and mark each transaction and the date to give me some peace of mind. I am in the thousands. NOW, l still hope in my lifetime for a major
move UP in the price. There is no reason why silver's current should not be in the $50.00 to $75.00 range if it were not for the paper markets.
Paper silver is leveraged at 350:1 …so think more
Eventually, I think silver will break that in due time.
If you aren't holding physical silver you don't own it!
10% of people do not STACK Silver as 10% is a massive amount.
Stackers does not include people in India that have 3 ounces
This was very interesting. I’m glad to know I’m in the 20%. But this has given me a new goal. I was intending on 100 ounces per family member. That will put me in that 1%. Thanks for the info. Great show as always.
Thank you Dale - I appreciate supportive viewers like you! Cheers.
That’s a good goal Dale. Best.
I began accumulating silver in 2021 and felt like I was significantly lagging behind. It's astonishing to discover that I am part of the top 1%.
Let's see a breakdown to the top 0.01%. I think many of us easily hit the top 1%
Sure thing!
Based on the ratios, the top 0.1% would hold over 5 monster boxes.
@@carlsitler9071 yes i would have at least 18 monster boxes but I get married and she took half half of what i had so much for marriage
I've been a gold and silver stacker for some time. When the price goes up I stop buying. As the price drops I purchase in batches because I have no way of knowing what the bottom will be. Price dips don't discourage me.....just the opposite. I'm in it for the long haul. I just discovered your channel today and watched a few of your older videos. You have good content, and gained another sub.
Thank you Lawrence. I am like you with my investments - always buy more as the price comes down. Have a great day.
I follow a similar strategy. I understand the concept of cost averaging, but I much prefer to do it as prices are on the decline and occasional big buys on big dips.
Pretty much did it the same way I never really bought under $20/oz unless there was specific coin I wanted
The spot price is obviously phony and does not reflect anywhere near to what the true value is. I don't give a fk where the criminals set their phony price. I just by a set dollar amount each payday. If you worship the spot price just buy SLV
Yes. Do gold aswell. Goodvid
It's interesting to know that there's not enough silver for each person in the world to own 1 oz.😮
I'm in the club... Feels good!
I thought myself a casual stacker, picking up 10-20 oz every couple months. I just liked the look and feel, along with the ability to not go into debt trying to pick up gold - not to mention the rather intimidating markup fees. According to your calculations, it seems I may have inadvertently acquired more than I thought was 'normal', for silver stacking that is.
Hehe - good for you! Thanks for watching.
Same Here!
I don't think it's ever possible to have too much physical silver and gold
Me too
Ego
Normally I'd never join a club that would allow someone like me to join, but in this case, I'm happy to be in the 1% club plus a bit more. I've been collecting silver bullion, silver dollars, bars, junk, sterling flatware since 1966. I sold quite a bit during the 1980 panic and bought a ton of it when it was $3 ozt. I've been selling off my numismatic stabbed coins and buying metals, because when the reset occurs, Int nobody gonna pay a premium for rare coins. Value will be based on the metal.
I had a friend in the Navy who was collecting 1 oz silver ingots from the Franklin Mint back in the early 70s for around $3.00. I have no excuse for my late start; I had the lessons and learning but I've always put it off. I hope there's this one last chance, at any cost of silver, to get into the game. From 1974, silver beats inflation by approximately 4 times.
@dalepres1 you will have an opportunity to buy cheaper silver when the stock market quickly drops 10-15%. When the leveraged guys receive margin calls on their short calls, they sell gold & silver to cover their positions. It happened in 1987, 1995, 2000, 2008 and 2020. Stack cash, be patient and you'll have a 1-3 week window to buy cheap. The problem may be that no dealers want to sell at a loss.
@@nasacollector3676 I'm too old to buy silver as a wealth generator. For me, it's a hedge, protecting some of our meager savings.
Just crossed over the 1,000 ounce threshold in silver.
It’s obvious you spend an incredible amount of time calculating, researching,creating spread sheets,etc.
I appreciate how you come to your numbers taking into consideration the common person.
Would you consider doing an updated version of this video for current times as things have changed ( in my opinion) so drastically in the past months, weeks, days.
Super grateful, Dierdre
I think I may have to.
I stack silver and gold in several different forms; such as jewelry, silverware, junk silver, 9999 fine silver as well as 9999 gold. Each of these items has different value and can be applied in many SHTF situations. I have also been acquiring copper, lead, aluminum and tin (I have a crucible and melt down the metals into bars).
Also X-Ray film that contains 2-7 ounces per plate ~
Good video.. Silver is money and needed for protection against the dying dollar.. Silver Is Money..
Interesting breakdown of the numbers! This may be one of the few times that I am happy to be part of the 1%.
I just started stacking a few months ago and I'm at over 50 ounces so I guess that's a good start. I will feel a whole lot more solid when I have hundreds of ounces of Silver and maybe 20 ounces of Gold. I'm sure this will take many years.
Remember - it's a marathon, not a sprint. All the best to you in your journey.
Also remember it is savings, so do not go in debt trying to build your stack.
Great comment! Taking on debt to stack is not something I would ever do!
@@baldguymoneyofficial lol, I'm definitely not putting it on credit cards. It's a hedge against inflation and a long term savings. Plus they are fun to stack and collect!
@@baldguymoneyofficial I'm seriously considering buying a half ounce of Gold every month. Cash or e-check of course! Maybe I should save for 2 months and then buy a full 1 ounce coin, round, or bar.
Man you
Made my day! I thought I was an average silver guy. That would put me and many others in a much smaller percentage of that 1%
Slowly but surely, I’m making my way up there! I’m only sitting on 20oz, as of right now.
Congrats Spencer! Slow and steady wins the race.
How goes it?
Cool video! I wish you would’ve added another category at the top for top 1/10 of the one percent (.001%). I feel like many of us on here just absolutely crush the 500 ozt mark. Would love to see this analysis for gold, BTC and ETH as well. Again, great video and you earned a new subscriber today! 😊
That's funny, your not wrong of course, but I would perceive that ANYONE with "Ag, Stacker, Silver etc) in their name would easily be in the one percent.
@AgWyrm - thank you for watching and for the sub - I will elaborate on this video soon explaining exactly why these numbers make complete sense and also add a breakdown for US owners.
@Bullion Scam - you have made a lot of comments - many riddled with spelling and grammar mistakes. I have no ill will towards you, but I kindly ask you to be a respectful.
@George - that is an astute observation. If you go to an NBA All Star Game you may get the impression that everyone in the world is great at basketball - but the truth is far from that.
Exactly my thoughts. .001 is probably like 2500 Oz silver.
It's a year later, Gold is around 2K and Silver is about 23.50, I'd love to see a current breakdown. Ty for the video and your time spent researching it.
Interesting math. Each time you cut the fraction of people in a level by 4 or 5, the amount of silver to reach that level goes up by about three: 50 oz, 150 oz, 450 oz. So the top 0.20% would require about 1350 oz, the top .05% would require about 4000 oz, and the top .01% would require about 12000 ounces. If there are about 300 million stackers worldwide, there are about 30 thousand people in that top .01% level. To be among the top 300 stackers (one in a million) you would need to have about 100 thousand ounces. That's 100 good delivery bars, or 20 Comex contracts.
Hmmm.. I will have to crunch those numbers using my method. Thanks for sharing Mark. Very interesting stuff!
Only fools buy Comex Contracts, like fool gold and fool and his money is soon parted
@@stevenosborne5117 Comex is for trading, not for owning.
Wasnt LME nickle for trading when it suspended trading on contracts on March.8,2022 after prices topped $100,000 dollars?Wasnt it oil contracts that were trading at NEGATIVE $40 dollars in May of 2020?Normalcy is only possible when regulators regulate.I did however find your math interesting.
10k oz is the dream
I guess I didn't realize that getting to the top 1% was that easy! I would certainly like to see a breakdown of that 1%!
Here you go: ruclips.net/video/UXENdkmapAY/видео.html
The IRS thanks u fore this useful information.
@@henrey1284 if you can read, I said nothing to indicate possession of any silver! Let them bring their guns and search for it, if it exists!
@@billraisch6678 You probably lost it in an unfortunate boating accident. (ref yt "brother john F", "Office series")
Wow....I am a WAGE earner, at the bottom of the economic ladder, without debt or children.....and thankfully to Chris Duane....I am in the area of the top 15% crowd. I didn't understand how much I had stacked, this is very informative and I will likely watch more of your videos.
I started stacking back in November 2022 and now use part of each month's savings to stack silver. I have a degree in Mathematics with graduate studies in theoretic statistics so I really enjoyed your analysis. Translating theory to practical estimates provides great (and for me enjoyable) challenges. (grin) Thanks! 🤠
Hi Colm! It means a lot to me that somebody who is knowledgeable on the topic of math a statistics enjoyed this. Cheers!
First time I have ever been in the top 1% of anything. Thanks for the info.
Good for you Danny! Thanks for watching.
Same
I’ve been stacking since my early 20s. I’m turning 60 on my next Birthday. I have around 4500 ounces. I remember when I was buying a roll of silver eagles for 135 a Roll . Keep Stacking.
I'll take the top 5%. Thought my stack was quite modest but based on this calculation, being in the top 5% makes me feel better even though I've had to take a break over the past year for personal reasons. I WOULD however be interested in this same video but on gold!
Very interesting information. I knew I had a decent amount of silver but I did not think that I would be that high on the chart. Another 20 ounces and I will be in the top 1%
Congrats and thanks for watching.
Get it!
I think you're accurate with those numbers. My goal was to own enough silver so I could sell off in increments and not have to wait for silver to reach its all time high. The way things are going I'm not sure that's going to happen. What I mean is the government could-- at any time-- claim force majeure related to national security. In the past the government made gold illegal to sell, so there is a precedent. There are two things one shouldn't underestimate- human stupidity and people with bad intentions. I have a little over 500 oz in various weights and four monster boxes safely tucked away. Not sure where that puts me in the 1%.
Thanks for the info. I had no idea that I was in the 1%. I started stacking a years ago as part of my prepping. I purchased most during Black Friday sales at or below spot. Most was junk silver, for prepping purposes, and today the premium on junk was $9.25 per oz. Silver is a long term investment but and has paid off very well over the years.
I will be dropping a new video in the next hour to show how the top 1% & 0.1% of silver owners in the USA stack up to those worldwide. I hope you'll check out. Thank you for watching and commenting.
A very interesting analysis. I own more physical silver bullion than your calculated estimate for the top 1%. It does not seem that difficult to achieve. Given a choice between a recreational vehicle parked in the front and silver bullion, I choose silver bullion. Mining professor Simon Michaux posits that silver will be in very short supply in the future. Financial tools or "manipulation" will not fix supply constraints.
It would be interesting to see what the distribution is on gold.
I will do the gold video. Just please keep in mind that most people do not earn in year what it takes to purchase the 1% level of Silver ownership today - and that is an important stat! Cheers.
@@baldguymoneyofficial Yes, you're right, we should appreciate that fact, the fact that some of us had humbler beginnings and others remain within the bounds of their beginnings.
@@baldguymoneyofficial On the mathematical side; did you make use of the log-normal distribution to compute your stats?
The IRS thanks u fore this useful information.
Sounds about right.. I'm almost in the 1%... Just 40 oz more till 400oz... Been stacking silver for about 4 years dcaing about 100oz per year... And 500oz is my goal... One I hit that, I'm just going to HODL it till 2030 - 2032 before selling anything.... I may slow down after july of this year and start buying 1oz to 1/2 gold and Platinum coins with a hold in mind of at least 3 oz platinum and 5oz gold.... One thing I do though is I do buy one slabbed /graded coin every quarter... Just to collect to pass on to the kids... But I love coins that have anything to do with Native Americans indigenous people of North America, so I don't have anything like this yet other than silver rounds.... But coin wise I would love to get one of every year coin that has something to do with that..... Other than these physical assets I've mentioned above I do own bitcoin (Dca into from 2015 - 2019], but I just hodl that till 2030 as well... And I did start to DCA into Drd gold stock, like what they are doing there and quite recently I did purchase some shares of uranium mining company.... Other than that, I should mention that everytime I get rounds I always get something different every time so there's tons of variety in my stack so when I go to travel the country and I RV and sell them off as I need to it may make it a bit easier for people who are actually collecting them if not I'll be happy just getting spot😂
Would love a video where you include constitutional in the total amount of calculated silver that exists for private ownership. I have a feeling it would make a significant difference to these calculations.
It definitely would - and some of the nay-sayers here have overlooked that very important point. It's something I can try to do in the future. Thank you for your comment.
I was thinking the same thing!
I really enjoyed this video. I set a goal 5 years ago to aquire 1000 oz. Figure I'll be there around Christmas. I already have a new goal and am content with the prices being held down. I need more!
Thank you so much for watching and I am glad you enjoyed it. Setting goals and achieving them is the best path to wealth & success!
That's a great goal! I made the same goal for myself, I just hit it this summer, bought my first gold and then more silver!
Keep stacking!
I started with a 100 and kept upping my targets.once u understand the monetary system fully your target gets higher naturally.cbdc is just another layer of the Ponzi scheme only with more restrictions
@@mtcisme lol I told myself I was going to buy an oz. Of gold when I got to 1000 but with the insane Au/Ag ratio, I'd rather have some more silver I think. I'd love to have some gold though. I'd like to see the ratio about half of what it is now, then maybe trade. Congrats on your stack my man 💪
@@silverbrass1790 thank you very much! I know that gold to silver ratio is killing me too but I just wanted the gold maple so badly.
My plan is to also wait until the ratio drops to a sain level, and they do some kind of trade/sale to acquire gold.
I went ahead and bought myself 3 more kilos and a few more 10 once bars. I also bought coins for the first time in a while. Scottsdale had some 2020 silverback gorilla coins for a nice price. Also some Angola lobster silver 1 oz coins.
What kind of solar did you get?
I love your calculations... or more specifically, I love where I rate in your calculations. Thank you for the amazing info! Be Blessed
Thank you Jay! You too brother.
Good info. Good methodology. I had no idea I was in the top 1%. A video like this for gold would be great, too.
Will do Sergeant! Thanks for commenting.
I recently counted up my ounces not too long ago and looks like I am just into that top 1%! I guess that’s not too bad before hitting 30 years old. I’m only going to keep stacking more 😁
You are in luck - I have done such a video: ruclips.net/video/UXENdkmapAY/видео.html
Always worth a listen. Often worth 3x a listen .... to really get the full juice. Great content, educational and the timing could not be better. Kudos.
Thank you!
I am glad you did this and would like to see the same for gold and platinum
I will do it for gold soon. Cheers.
This is a good video for us stackers. You are always curious about how you "stack up" against others but hard to do on a topic most folks don't divulge details on. I would be curious to have the same breakdown for USA only.
I can do that! I am sure the amount needed to be in the 1% would be much higher - but I will have to run the numbers.
@@baldguymoneyofficial oh, trust me, I know I would not be in the top one percent. I'm hoping to be in the top 50 percent 😆
@@baldguymoneyofficial that would be awesome if you did it!
I wanted you to keep going beyond 1%. Almost a decade ago, I was forced to sell off the majority of about 2,000 ounces. My goal was to have my own body weight, and I'm borderline obesse, LOL.
I might've made it, if it hadn't been for an unexpected job loss. So, maybe at the time I was in the top 0.1%? Anyway, it served its purpose and got me through a rough patch of life's road. I didn't lose too much money. But, I doubt I'll ever have a stack like that again. I'm old.
Wish I had backed up the truck between 1981 and 2010.
I'm curious about gold in regards to how much more of a percentage nation's and corporations hold compared to silver.
Good question - I can add it to my Q&A.
@Hgd Fhh no, poor men cant afford silver either.
Me too more how much I need to be in the top 1%
@Hgd Fhh "Gold is the money of kings,silver is the money of gentlemen,barter is the money of peasants,but debt is the money of slaves."Norm Franz
I find it interesting that for less than $9K, at today's spot prices, someone could be in the top 1% of owning Ag bullion.
Hi Mary - the average person only makes around $10k per year. Then when you factor in how many actually stack silver, how much they have after covering expenses, etc. $9k is a lot of money!
@@baldguymoneyofficial Thanks for sharing your wisdom. I learn a lot and look forward to your posts. Thanks also for updating on your return from Poland/Romania/Checkoslovakia(?). I had wondered why you had a bit of a lag in your posts. Glad it was good news. . Thanks. Q: Any idea if Ag bullion will increase in price to over $31/oz? I think that if startling news comes into play or if that fails then waiting for a few years to pass then prices should rebound. But, seeing these continual drops is unsettling. I loved your video about China manufacturing and that makes so much sense. But, with this world crazier than the stability once accustomed to, I have to wonder what will happen if more bubbles bust and a "great" depression scenario takes hold. I hope the nay-sayers are wrong. But, that leads to more questions when they are able to say "I told you so". Scary. Lots of prayers are being answered for me. So, best regards and wishes for great success in all your endeavors. Thanks! -Mary
Hi Mary. I have put together this video a couple months ago explaining how I think the silver price will develop. Please check it out. I think it will answer many of your questions: ruclips.net/video/Ea95b5Wa1GY/видео.html
You don't need to be in the top percentage just buy what you can afford. The key is to buy gold and silver.
Never imagined my stack would exceed the top 5% by 30 tp 50 troy, Gold would be an interesting comparison. thanks..
I shall do it!
Thanks for giving out this bit of information. I was surprised to see I made the top 1%. I have often wondered how my stacking measured up to others. Was I to low or what. I will continue to stack and stay up in the 1%.
The IRS thanks u fore this useful information.
Methodology was solid. Thank you.
Interesting, I started "stacking" in 2011 and have a bit over 1600 Toz. Most of my family think I am crazy (including financial advisors) but I will hold on for the long haul. A bit of gold in my mix too, but when Silver turns from a utility metal back to a precious metal it should exceed the percentage pace of gold IMO.
People can think what they want.
I would be interested to see how far up the 1% scale you are with your 1600oz. I would expect many subscribing to this channel have over 1000oz and control a significant amount of retail silver stocks. Something to think about.
A stacker is defined as someone who has much more than "a couple silver coins". I would define a stacker as someone with over a hundred ounces, unless they have just started out.
Let's not split hairs - we can call them holders. Thanks for watching.
I love your content!! I was amazed to see that I ranked higher than I thought I would've. I still don't have much - and plan on acquiring more - but even more than security and investment, I find stacking relaxing, in party because it's reassuring, but also because the people who are into it are very interesting.
Just started stacking 4 weeks ago and I already made it to the top 5% and more than half way to the 1% mark. Thanks for the analysis
It would be kinda cool to see a similar video about gold and platinum. I am proud to say I easily made the top 1%, but I've been stacking since 2008. If silver is ever fairly valued in my lifetime I will be a very wealthy man indeed. LOL. Liked and subbed. :)
Gold is coming.
And thanks for the sub!
I’ve been stacking for 5 years now. It’s more of a hobby for me now. I figured out along the way that silver and gold are heavily manipulated. I don’t believe it’s ever going up 8x or 10x like so many people say.
It depends on what your moneys worth in today’s value it’s probably gonna stay similar to what it is right now maybe a little higher but if your money devalues rapidly so milk is $20 a gallon gas is $25 a gallon or $30 a gallon silver maybe 120 but that’s the equivalent of what It is right now
It’s not that it goes up more than the paper it takes to purchase it goes down in value , Example : 20 years ago in Venezuela it took 90 bulivars to buy 1 ounce of silver ,Today it is around 89 million bulivars. Now I don’t think Venezuela has a 31 trillion dollar national debt so when our dollar collapses it should hold purchasing power but could be in the millions per ounce
i find it hard to believe that $8000 would put one in the top 1% of stacking Silver with is a main may people secure themselves financially. i would have expected that the top 20% would have thousands of ounces? but that's my gut math.
Yes I agree, the 1% must be at least 5koz
correct, impossible. i'm sure this guy's premise is based on faulty data
Hi Eilam - although I respect your point of view, I think there are many things you're not taking into consideration. One of those things is that the average salary globally is around $10k per year. Having $9k saved in silver would be almost the entire average annual salary for someone. My request would be not to use Western wealth standards to judge what is a lot of silver. Wishing you all the best.
Once you realize that most of the world is full of very poor people it makes sense .
Thank you ZZ - many people don't realize how fortunate they are.
Thank you for sharing such an interesting topic for metal holders. What makes me most curious is, how much an ounce of silver can escalate to combat forthcoming super inflation? Guess this can only occur when all Fiat currencies collapse, with the USD being the last mare got slaughtered? Man, that kind of world will be war zone for everyone!
Maybe a CBDC will herald in much higher prices.
The world is going to suck when silver is $500-$1000/Oz. .. Will be mad Max on steroids!!!
@@baldguymoneyofficial we don't really want that do you? They will track every purchase with a cbdc.
The system is as corrupt as can be . I can't see a way out of it before it gets much worse before any semblance of peace is visible or possible. There has been hell on earth for much of this world's population for a long time .Nobody came to those poor soles aid. Only corrupt bastards to rape and pillage them harder. I have been sensing a reckoning for many years now. This world has a lot of great people in it ruled by a lot of evil bastards ! Evil always seeks dominion !
YOU ARE DOING GOOD WORK PLEASE CONTINUE
Thank you!
I get the feeling, in the US at least, that fewer persons are holding larger hoards than previously. The sense that many who were convinced that silver, which was selling for 20 bucks but soon to be worth $100, is evident to me. Having seen their 20 bucks become worth fifteen on a good day, I am confident that small holders are exiting the trendy hipness of being a certified “stacker” and investing in things with more stability and promise. But that’s just me. Thanks again for the analysis. ✌🏻🍻
$15 is a good day to buy more silver! ;P
My average is 20 an ounce for the past two years.
What are you investing in? You seem to have allot of hate for silver for a man who probably has none? Tell me where the smart investment is at? Lol
What has more "stability" than something that's been valuable for 5 thousand years?
@C R
How is that any different to the same $20 that became much less than $15 in stocks or just about any other asset? Precious Metals dropped, at most, 30% in the last 60 days. Compare that to the up to 74% loss in other markets. PM,s have held their value much more compared to those losses. PM’s CONTINUE to be a better holder of wealth.
My Friend I’m a numbers guy, my canned statement is “numbers don’t lie, people lie” this video is genius / next level thinking, I really enjoyed it I’m a very serious stacker and I greatly appreciate your info.
Thank you so much Terry! It means a lot to hear that because so few people are "numbers people" and I get a lot of grief from those who struggle with numbers. I did a follow up to this video going a bit deeper in the top 0.1% and the USA 1% - here is the link: ruclips.net/video/UXENdkmapAY/видео.html
Late bloomer here. Started stacking as a New Year’s resolution. In 37 days I’ve gotten 5 grams platinum and 8 ounces of silver. By the end of the first quarter I aim to be in the top 20%.
Welcome to the party. I definitely prefer gold over platinum - just some food for thought moving forward.
@@baldguymoneyofficial
I got it for what felt was relatively cheap. $175, but I agree. Can’t go wrong with gold. It’s not my color but I have room for some in my safe!
Just a middle class guy just making a living. Have over 4 times the amount of Ag above the 1% stackers. Can be easily attained depending on price, purchase month, premium, bull or bear market etc.. Not quite sure your numbers stack up, but give you an A+ for researching the subject.
Thanks Wayne. All the best to you brother.
When I first started my goal was 1000 ounces. 2000 ounces later, I don't even track it anymore. Slow and steady is key.
The tortoise & the hare!
According to your assessment, I am a 1%'er 3x-4x over. More wealthy than I had ever given thought. Thank you for sharing with the community.
i started buying silver after i became quadruplegic in 1999, have now accumulated 931 ounces but also gift each year to my 4 kids and 10 grandchildren
31.25 pounds, (500). I stopped.
I have only been stacking for a few years, now I'm working on Gold.
That’s great Jim!
Wow. Top 1%, and I just started stacking two weeks ago! I saw a video about the (low) price of silver, and decided to jump in and take advantage.
You may enjoy this as well: ruclips.net/video/UXENdkmapAY/видео.html
I decided this year to spend $200 a month on silver until I am 55.
So far I have about 12 oz.
My goal is to have my BODY WEIGHT in silver. Through a program of steady acquisition and weight loss, I'm getting close! With 1500 ounces, I'm about 2/3 to my goal. In the next year I will either commence a buying frenzy, or develop acute anorexia.
Well if your 2/3 of the way there that would mean your target weight is around 63kg. That's pretty light depending on your height. I weigh about 68kg and I am skinny.
@@baldguymoneyofficial Well, there are 14.583 troy ounces in a pound. so, 1500 oz would be just over 100 lbs. I currently weight about 155 lbs...so....2/3 of the way there? 155 lbs, 5'8"....so.....a bit under the mean but respectable!
Great video. I just realized I'm in the 1% club. Thanks
Good stuff!
Thank you for your breakdown, I had no idea. I started in 2016 and it was not easy, but I have made it to the upper 5%. Run the opposite direction of a mob, like the analogy about a tsunami. All the water drains out and exposes fish, people run in to get the fish and get killed by the incoming wave.
Do more of these for sure. It's good to know where you stand with statistical breakdowns like this. Thank you!
Started stacking 3 weeks ago. Plan on starting to sell and buying gold when the ratio drops to around 50:1. Sitting at 800ounces and continuing to buy more until the price breaks 30usd
Seems correct. Am striving for the 5 percent.
Started stacking 3 years ago. Now have 2500oz and working on my next 1000oz this year.
Congrats!
I'm hanging around the 800 oz level. I never thought I'd be a top 1%er! just hope it keeps climbing!
WOW Never would of imagined I would be in the top 1% in silver stacking
Wow, I was suprised to discover being in the 1%. Been stacking slowly, steadily for about 20 years.
Congrats on 20 years of stacking.
Great video! I had the opportunity at 5 years old to be the only nephew out of 27 kids to take an interest in Silver coins that my Uncle used to show us. He taught me about real money vs. Fiat currency and over the last 45 years have amassed a little over 1700 ounces of Silver and have recently been stacking gold for the preservation of wealth. I hope to hit the 20 ounce mark by the end of 2023! Keep doing these videos because they are very informative! God Bless!
Amazing!! God Bless You Ed!
Reasonable brake down! Good job. Plus I happily realized that I am way more invested that than the 1% threshold
I started stacking 3 year's ago, I found that money I would spend on thing's with no return to stop doing it, take money and any other left each month and buy bars, I did make it to 1 % Club, I worked very hard to do this, this is my saving account ( NOT NO BANK ) LOL
That's awesome Dianne! Congratulations.
OMG, never would have guessed that little silver would put me in top 1% I'm bullion only. Holy cow
you made me count 773 in rounds and bars , not my morgans .
Very helpful thank you .
Cheers John. Have a great day!
Excellent methodology and results!
Glad you think so!
I am feeling good with my silver accumulation.
That's awesome!
I’ve been seeing commercials for precious metals for 35 years; I remember the ones with actor William Devane. I watched sometimes although my tendency was to ignore tv ads. I sure do wish I’d chosen to start back then, but better very late than never.👍
I remember William Devane. He was on Knots Landing.
@@baldguymoneyofficial I wouldn’t have thought it good for a kindergartner😂 but the times they are a changin’.