My most considerable sorrows on acquiring silver bullion. Silver piling in analysis with location price climbing!
#silverstack #buysilver #retirement
Taking a look at the silver component of the retired life profile.
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Mathias Kanuck
This is a good video. I subbed.
I’m 32, and I started stacking earlier this year…. I have no specific goal. I just wanna stack as much as I can. I have 26 ounces so far…. And there are def some times I regret not buying. Earlier this year, a bullion had 5oz bar’s for $119- didn’t buy a single one.
But I’m learning, it’s a fun little hobby. My goal is to stack like you!!!
Silver Bean Counter
LOL, I like your goal. It’s one of the reasons I enjoy posting. To share my thoughts on the economy and inspire new stackers. Thanks for watching.
Mathias Kanuck
@Silver Bean Counter Well hopefully we can get a president in 2024 that will set record breaking economic numbers…. Until then, I feel very scared for our economy’s well being.
Spyderhead
I’m watching this in Dec., 2021. Looking for $15 silver very soon, but the premiums are absurd. $12.50 oz is possible.😎
Silver Bean Counter
We can only hope. I wouldn’t mind an opportunity like that.
William Haynes
I only wish i had started stacking 60 years ago i would have a mass if i had
Silver Bean Counter
Oh wow. Buying $3 silver would have been so amazing 🤩
Ronbo710
More like Quantitative *Counterfeiting* with Yellen like a felon back behind the desk.
Silver Bean Counter
LOL! Yellen like a felon! 😂
Apt knife thrower guy
Just reached 100oz jan 2022….ave cost 30$….silver isnt going down anytime soon…my collection is when the dollar crashes
Nick Tsonis
Biggest regrets buying silver “I wish I would have stacked more”
I would beg to differ.
In 2012 spot prices were $34 per oz. Which seemed like a bargain compared to $47 the previous year.
So I bought in big and sat on my stash waiting for the prices to skyrocket.
Now I waste my time watching these silver stacker videos where people “think” that silver is a great investment at $22.80 as they try to convince themselves that silver is going to skyrocket any day/month/year/decade now.
How’s that for a regret?
Sarah Von Bergen
Started buying in the teens. Wish I had gotten more but I did get a lot thank God. I was contemplating buying today at $27.50 per ounce and talking about how cheap it used to be. My son said, you’re going to be saying that in the future about today’s price. Smart guy!
Silver Bean Counter
LOL, yes, I think he’s right. It’s why I’ve continued to stack. Check out today’s vid. I got lucky with some nice pieces.
‘03TANK🏅
Any tips for storing bars? I just ordered my very first 10 ounce APMEX silver bar today. I wouldn’t want them to tarnish or degrade over time.
Silver Bean Counter
Keep it in a cool, dry place. Exposure to oxygen and sunlight is what causes the tarnishing. But with a 10 oz bar, I wouldn’t be too concerned about it.
Chad Luke
covid was and is a huge SCAM. I was in the hospital for 2 weeks with covid, so I am saying that the virus is real enough, but the way the medical “experts” and the government has handled it has been and is one huge SCAM. They used it to brainwash and control as many sheep as possible.
December Heat
i see your point. i personally just buy trusted minted coins. i don’t mind a premium so long as it isn’t too high. i wouldn’t want to invest in a pile of generic 1oz bars just because it may not be so trustworthy with bartering. I want to make my life easier, not harder. I regret the cheesy generic buffalo rounds, I sold those all just because I don;t want to hang on to silver that is literally designed to copy the look of real minted coins. What will people think if they want to barter with me and I pull out cheap generic rounds that mimic real out-of-circulation coins? they’ll think it is fake crap, is my logic.
Silver Bean Counter
That might be stage one in a barter environment. People would learn mint marks over time
Plus even now you can barter with generics. My son walked in to a gun shop and traded a bunch of different coins and rounds for a hunting rifle. He traded at spot.
Luke
1 year later and the premiums are out of control, Eagles at $15 over spot .. 😔
Silver Bean Counter
Insanity. I’ve only bought 1 or 2 per year since. Just to maintain a date set.
Joseph Mac
silver just crept back over $21 today May 2022 huge fall
Neophyte Stacker
Amazing, your average cost is roughly $18!!!! I know you’re an OG in stacking (+5yrs). When I look at it in retrospect Silver is now $19 and change. You’ve held all these years and it’s the premium that favors potential monetary gain if you were to sell today.. How much longer do you think it will take for the premium to slowly get smaller and smaller? Great video SBC.
Silver Bean Counter
Interesting the timing of this comment. This video is two years old and I was just reviewing my stack average. It’s $19 now, after two years of adding at higher premiums. Not that I’m disappointed. It highlights how slowly the average moves.
Silver Bean Counter
To answer your question, I don’t think the downside on prices are much lower from here.
Neophyte Stacker
@Silver Bean Counter Next question then, lol If you didn’t flip any silver or gold, or traded the GSR, and you just bought and hold. Where would your average cost be?
Silver Bean Counter
@Neophyte Stacker interesting 🤔 Not too much higher, I think. I was flipping and ratio trading before this last couple of years.
Betty Chongstein
My cat and dog caught covid but it was my hamster that died from covid. Even Dr Slauchi was at the funeral.
Silver Bean Counter
🤣🤣🤣🤣👍🍻
Michael Sanchez
Those Queens Beasts are phenomenal!!
Gorgeous coins! I can’t wait to get one of those 100 oz. bars. In my eyes, they scream wealth. So jealous! Great video