Introduction to Silver Stacking: Final thoughts!

in #steemsilvergold6 years ago

I hope this series was helpful and gave a bit of good background on silver stacking and investing.


Source

I'm quite sure I could expand on the topic and get into the weeds, but I think it's a great introduction if you want to check them out;

Why everyone needs to buy silver

Glossary

Categories of Bullion

What silver to buy!

Where to buy Silver

How to store and Secure your Silver

How to spot a Fake


Source

What I didn't cover

Like I said this was mostly the quick and dirty and enough to get you started. There are many more reasons why you should considering buying and investing in silver, but I'm not going to try to provide any investing advice, or technical analysis. It would have loved to explain more about why silver and cryptocurrency really go hand in hand to an investor who wants to avoid traditional markets or government fiat. (Although this one may get it's own post one day) I'm also not going to get into details about the gold to silver ratio of the undervaluation of silver and manipulation of the market. All the industrial and other uses of silver that are bound in the increase demand over time as well as the amount that it lost and never reclaimed on a regular basis. This is much more advanced stuff and also things that are regularly discussed at this higher level over on the #steemsilvergold tag if you do have interest in the topic.

#Steemsilvergold

While we're on the topic, it's also a great place to learn and see all the amazing silver bullion products everyone is purchasing and showing off. We even have a few amazing artisans that melt silver and turn it into some pretty amazing stuff like this Millenium Falcon or this Jedi Star fighter and Boba Fett and Storm Trooper mask. Everyone is super friendly and love sharing our knowledge and helping nurture new interest in the hobby as collector or investor, so don't hesitate to check it out.

Remember it's always a good idea to lock in some Crypto gains in physical bullion


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Thanks! This was a really interesting series of posts. I've been thinking about gold ETFs as a hedge for a long while but didn't get introduced to stacking until I started poked around more on Steemit. In the event the value jumps though and we see a huge market correction, how would I go about selling some of my supply - gold and silver suppliers?

I guess it depends just how much. Usually you can just take it in to your LCS for instant liquidity, a lot of the big refineries also have programs to accept it too.

Love silver, been stacking for a few years now, cheers mike

Should I buy my Silver before or after the possible reset of
our U.S. Coinage...???

COIN MAN by @pocketechange ...A penny may cost a dollar...

I’d say that’s the best coin-man to date! But i’m still not buying your coinage theory unless yer talking ‘64 or prior.

Show me some Paper Fiat with silver threads, woven into it...

I still don't understand your theory man, but anytime is good to buy silver!

Understanding my Theory could very well make you Rich... And if I'm totally wrong, at least you'll have Legal Tender, outside of the Banking System when all Hell breaks Loose... There's a lot to be said about Silver... If my Theory is correct, you can pick up an ounce of Silver for a little more than a Dollar in Common U.S. Coinage, after the Reset...

Hi @phelimint,

I’ve been investing in gold via Goldmoney for some time now, but I’m new to silver stacking. I’ve started finding and buying silver coins on eBay. Say, is it worth it to acquire coins where silver makes up only 40%?

Oh, and great to see that you’ve joined Mannabase too!

Hey man, Goldmoney is great for slowly acquiring gold and also loving the idea of mannabase. I love getting junk silver like that and those 40% have very low premiums, so there's nothing wrong with that. They can get pretty bulky once they start adding up, and there are not as liquid as the 80 and 90% ers, but alot of guys do swear by them.

All right, thank you so much for this comment! I’m relieved! I will then continue hunting after cheap 40% silver rounds on eBay and slowly building up my stack of physical silver. I also thought that they would make really nice presents for my friends on Steemit, once we meet in person at the next SteemFest! ;)

I shouldn't "butt in" here, but knowing what I know and not saying something would be wrong... I'm sorry to say, you fell Victim to the idea that Gold and Silver will save you when all Hell breaks Loose... Very few People will be able to do business, using Physical Gold and Silver... Legal Tender Cash will get you through the hard times... I'm especially fond of Common U.S. Coinage, but not the Paper Debt Notes... Instead of me going into detail here, just come visit my Posts... Be sure to learn about my Pocket Change Theory...

I Love the Community at #steemsilvergold and I really feel at home with something in common with so many other Guys and Gals........@phelimint thank you for keeping STAX the Prettiest BOT on STEEMIT working to her Full Capacity !

She's really turned into a powerhouse like I never expected.

Hey buddy, this was an interesting series!
How much would a small silver artifact (like the falcon) cost in terms of SBD? :)
Really interested in getting one of those. Looks like you've successfully converted a stacker. ;)

Hey sorry, I'm late on replying, I just answered the other one. I think you'll have to twist his arm to accept the SDB, but worth a try.

No probs. :)
Got it, thanks man!

Excellent series. Stuff like this is a valuable resource for the Noob stacker and even the seasoned collector. I wish they had stickies on here to keep all this info in 1 place.

It will be done. @silverstackeruk is compiling a kind of FAQ to introduce the new community members to the wonderful world of stacking silver/gold. Of course, this series by @phelimint will be part of the FAQ.

Yeah, that's a bit problem here on steemit, is that content is quickly lost and forgotten.

A-ha! Silver is used in CHEM-TRAILS! I knew it

adjusts silver made foil hat

No such thing, pull the foil tighter.

Nice post.I respect you very much because you contribute to steemit.I will do activities like you.I would like to extend the steemit.

I see your post related promotions. interesting. even though i'm new. your information I can consider. is there a more complete post?

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I agree on the uses of silver, especially on solar energy. Some places, like the "Brooklyn Microgrid" are testing smaller solar energy sharing platforms that are getting traction :):):)