Considering that we’re essentially using “not real money” (fiat) to buy “real money”...it’s a worthy investment and insurance plan.

If your buying silver to flip it quickly, then this is the wrong investment. Silver is long term only.

I happily trade debt notes for silver. I know I lose a bit of fiat but I don't ever feel any remorse when buying silver, it always feels like the right thing to do.

My late father was a coin collector. He left behind a bag of silver dimes and tons of other silver coins. A coin shop offered a couple of hundred dollars but I think he was trying to take advantage of us. I'd rather hold on to them anyway as my father put many years and hard effort into his collection.

@Silver dragon My name is LeprechaunChief and NOW you know someone that controls the price of silver. Every time I buy silver the price then drops. Every time I sell silver the price then rises. I have been controlling the price of silver and gold since 2009

“what other silver stackers won’t talk about?” ... Gold Nice Libertad 🤩🔥🔥🔥🔥🔥

I agree you will loose $ as soon as you buy it, of course my silver is not 4sell, my main purpose is having savings outside of a bank and free of a paper trail..

I am used to being underwater after 20 years in the submarine service.

Over the last 12 years, I have sold about $30,000 worth of basic silver rounds (even generic silver) to my local coin shops. I was always paid the full spot price for it, every time.

There are a number of ways you can benefit while stacking, here is one I like. I walked into my local coin stores wanting to buy constitutional silver. After finding the dealer that sells closest to spot I took out my money and made my purchase. In our conversation I made mention I was a stacker planting my intentions. Upon my completion I made sure to let the dealer know I'd be back next week for more. The following week, the same day of the week, I entered the store and said hi, remember me? We started talking and I made my purchase, always constitutional silver. Just like the first time while saying good bye I said, thank you..see you next week. Again just like the times in the past I walked into the shop, the same day of the week and said hi and started a conversation. This went on for a number of months when I asked when it came time to pay if I could have a discount. To my delight I got one. This indicated my supplier was pleased with me and had interest in my returning to buy more. What most stackers fail to realize is, having a relation with a seller is important to your bottom line. My supplier now knows that on this day of the week between this hour I will walk into his shop with the same amount of money to spend. I am now an anchor client, on he can depend on and based on my habit can make projected purchases.

Shhh don't tell any one but I like poured silver! Yes it's not cost effective but I don't care! I don't buy silver to get rich or preserve wealth I buy it because I like it.... and can't afford gold 🤣 👍

Yep, just had my engine go in my car. Had no cash reserve, had turn my. Silver for a loss. Not huge, but still a loss. Glad i had it but hit me in the heart having ro sell. Great points to make to every new silver stacker.

I am stacking for my children. I started 4 months ago, and have zero interest in selling.

I look at silver as a savings account with a potential 10 to 100x gain in future purchasing power once the manipulation ends.

You have some great points about loosing money. But I look at it that when you buy a product eventually it wares out and you dispose of it then have nothing but with silver, currency and constitutional silver you will always have something at the end and hopefully with inflation you will have more. And if you enjoy it do it. Thanks and great video.

So you say silver shops are like GameStop ? “I’ll give you 5 dollars for those gold eagles” 😂

I have a lot in my stack that was bought at $30+/oz so I'm buying what I can now at today's lower prices to help out. I also bought some graded old coins that have gone up in value some, so I feel pretty good about that. I do believe silver & gold will go back up so I think of it as buying silver while it's on sale

You're very right about people being underwater on Silver. I sadly bought when silver was spiking in 2010-11. I've managed to get my average per ounce price down over the years, but I'm still a shade over 20. Silver is the worst investment vehicle around....until, you get a crisis. then Silver kicks in as an insurance policy. But if you want a return on investment...I'd say, invest in dividend-paying stocks and some real estate...save cash in gold. Stack some silver, but pray you never need to use it.

In terms off holding silver long-term, I think it was you who explained it best - the quarter produced in 1964 bought 1 gallon of gas. That same quarter, in terms of dollars, will still buy a gallon of gas. Really made the explanation click for me when I heard that. Aloha my friend!

Hearing these prices makes me about cringe at today’s prices but I still feel it is a good investment for the long term. Premiums are at a crazy high right now. I feel physical silver is worth more than the price reflects personally so I’ll keep buying.

Interesting, Dragons! Good video. Some of these things are common sense, but then again, a lot of people don't have common sense. So many people think silver is an investment, and don't realize the actual processes necessary to acquire capital gains through silver. Love your vids, keep up the good work!

When you buy anything even a house you are in the red at first

Watching some of your older videos for some advice. New to the game. I really appreciate the way you talk about the truth behind the buy. Definitely somethjng people starting out need to think about.

New to the stacking thing, can’t wait till my stack looks like the pile on your table. good talk thanks.

At this point, I'm not buying as an investment--started too late for that. I'm buying a little to have something I can buy food with In The Event, whatever that turns out to be. Anything will better than a pocketfull of wastepaper.

I was buying back in 2013 & 2014. Bought Canadian Maples, Philharmonics and 1 and 5 ounce bars back then. I don't regret it, honestly. The value is still the same, the priced changed, but the value didn't. When the pirice of silver jumps up 50¢ or so in a day I something's like to look at them 2013 Maples to remind myself that if I liked silver for what it was back then, then I still like it at today price. 👍@Silver🐉!

Love your videos keep it up.

I am fairly new to stacking and always had mono of, "Don't Put All Your Eggs In One Basket". I'm stack both for retirement. I really appreciate your insight and honesty and enjoy your content. Thanks a lot 🤗

I bought silver back in 2012 all the way up to 2019 and my average cost is around $21.00 I'm in the hole a little bit but not that much if the silver price keeps going up. Thank for the honest down to earth report on silver pricing. Out.

Buying hand poured is like buying jewelry, you have to pay a huge premium for it but who cares? Never selling, it's not an investment, I'm not trying to make a profit on silver... admit it guys, silver stacking is an addiction.

This is super informative, thank you.

Stacking gold and silver is my favourite way to save.. ☺ Great video, buddy..

Great channel. A unique, informed perspective. Love Mike's comment on silver (Rethinking the Dollar Channel): "Get your weight up!"

I bought 15 coins in 2 months, on average 26 dollars per coin. I blame it on being a beginner, I know I probably payed to much but I wanted to start stacking. Now Im much more cautious

Excellent video. I think another thing not talked about is what percentage of overall assets stackers put into precious metals. I am over 50 and I totally blew it by not investing much in stocks. I think younger people should only put a small percentage into the metals as a disaster hedge. But just go back and calculate what you would have if you put the money spent on metals into the s and p 500 the last 5 years.

Thanks for the info. Great info, When I first started stacking it was 20 a ounce so I know what your talking about.

I love silver and coinage, mild collecting but I stack for the future. Forced savings is a good term I like to use. Good retirement plan to go alongside my 401k and other savings options for me and my son. As a single father with very little family, gotta find a way to save and preserve.

People who stack silver are too poor to afford gold! (That's why I don't have gold.)

I was lucky to have bought large amounts of gold and silver in 2008 when it was at its lowest. I just wish I had doubled my orders!

Great subject man!! Im collecting the vintage stuff even tho it goes against my original plan to only stack😬 I pay a little extra sometimes for the vintage but i think its worth it

I bought my first silver Eagles back in the late 80's when I was a kid, at around $8.00-9.00 each! That said, I WISH I had bought LOTS more at that time! Not only has silver gone up a bunch since then, there are some dates of Eagles from that era that are worth a lot more numismatically! Keep on stackin!!

Thank you for saying this. I was just thinking tonight that the premium is like paying for inflation upfront. It's not until silver surpasses spot and our premium cost average that it becomes better than cash..

Thanks for the very honest experience sharing. I am new to buying silver, at April 2021, silver spot price 26.1, and a silver eagle is $37. I am very hesitant to really into buying because just as you honestly said, I will immediately lose all the premium after I pay for the silver. If any other “investment “ tells me I will lose that much % after I sign the deal, I will never buy. So I am still trying to decide on silver....

Any who paid high for silver can still trade the gold/silver ratio to increase their stack without adding any more money

I agree you have to overcome a buyers premium and then a sellers premium. Not expecting much profit if any, but lots of fun to own, and nice possessions.

Hey good question about spot price, per JM Bullion this is what determines spot price, “... A spot price is the fluctuating market price for an asset bought or sold on commodity exchanges contracted for immediate payment and delivery. The spot price of silver is determined by the forward month’s futures contract with the most volume. At times this contract can be the current month or it might be two or more months out in time.”

Great video dude. Keep up the good work!

We love Harry and Adrian! I wish I had a local coin shop with guys like them. They are so humble and honest. Hard to find nowadays

It's funny when you hear people say you can't eat your gold or silver, but the truth is, you can eat your gold and silver you just cannot digest it!!

I am sure I am repeating someone. It depends on your Time Horizon and your goals. Dollar Cost Averaging will work with many investments including silver. I just subscribed to you, and I really appreciate the great information!!!!

This something I’ve been thinking about doing, but saving my money, so that when the bottom of the price drops out the bottom. Which I believe it will. If we do go into a depression gold and silver will come down significantly. In fact everything would come down significantly. Think of the 29 depression, my grandmother lived in that era.

Some good honest discussion on silver. I'm trying to balance my personal gold to silver ratio by buying more gold. :)

I bought my silver last year in may starting at 14.83oz and stopped at 18.05oz im about $600 over my total purchase price.

Helpful video dude. I figured that was the case. I just love collecting it and coin roll hunting anyway regardless. Also you had me laughin when you busted out that gold peso or whatever it was lol.

Currently, I'm at 41oz and I'm up by a little over $100 if I were to sell it all right now. But I'm planning to keep buying. Silver for me is a hobby more than an investment, once I need the money 10-15-20 years from now, then I'll be selling. I sold 3 oz a couple days ago just to test out how easy it would actually be to sell my stack.

There’s always bad with the good and very few people willing to point out both sides. For this. We say thank you!!

Great video, thanks.

My guy is awesome... He pays 90% and sells at 100%. Numismatic ect is a little more. But that's what he does for constitutional and rounds/ bars. He's also so full of knowledge and helpful when you've decided WHY you want precious metals.

Quite a good advice thanks

I talk about all these things within my circles. You haven’t said anything wrong. Personally, because mine is an insurance policy for the doomsday scenario of the Fiat collapse, I never ever feel that I am underwater.There has never been a single piece of silver that entered my stack that has any chance of seeing daylight until the doomsday scenario occurs. I’m hoping it was just an insurance policy that was never collected on.

11:50--The G/S Ratio was briefly at 31 in April 2011. That was a crazy week. Silver was up to $49+ and then it crashed.

Once the media starts talking about silver, SELL. Take the profits, no matter what you think will happen, it WILL tank after the media advertises it. Exactly what happen with Bitcoin, after the media showed it off, it tanked under $6k. And that's when you start buying again.

I’ve been stacking since 2011. Actually flipped my first monster box of maples that I got at $31 each, for $38 to Tulving when silver ran up in price. Then started stacking again in late 2012 when the prices were around the same as today. Those same coins have held their value, even though I would have gotten less for them had I sold too soon. I am now $3 above my dollar cost average, and my coins and bars have doubled in value. Libertads, Lunar series, & Pandas. Even my NTR, ScotiaBank, & Johnson Matthey bars hold a lot of value since they are no longer minted. I have no regrets, especially now that they are taxing silver purchases!

I got my philharmonics 3 weeks ago for $1.25 over spot or drumroll please $16.35 😁

16.00 an ounce? True but now at 26.00 and change. There is risk in all investments but physical silver will always be worth something as opposed to fiat paper or silver paper in a government bank somewhere. Good video.

I'm a fairly new stacker, but I noticed one thing right away. Patience and the ability to resist buying is as important as any other factor. Just in the past month, there has been a lot of price activity, but I wanted to see if there would be a trend, and even though I've spent on some spot/close to spot deals, I'm buying small amounts to test the waters. Just this past week silver has dropped quite a bit, and right on Black Friday, It appears as we may get closer to 20 dollar-an-ounce silver on Cyber Monday! I'm glad I didn't buy a large amount 2 weeks ago, when I did buy a couple of small pieces. I wanted to see how the service was with a couple online dealers. They passed the test and if silver drops below 20, I'll buy some more. I want to have enough silver to live on for a few months - just in case, and I do plan on supplementing my IRA and 401k with gold and silver. I like the fact that I can hold it in my hands. Who doesn't love the feel of silver and gold in the bare hands? Again, my thanks to Silver Dragons, who's been my online guru these past months.

Just started. So far I've bought 3 silver items and my decisions to pay the price I have has been naive. They'll no doubt get cashed in after my death but in the meantime I'll keep them and look at them with a fond smile

Great video! If you want to know about something you should know everything. Thanks man!

It’s kind of like stocks. You buy in believing that it will hold its value if not go up. It’s a gamble but less of one than stocks.

Awesome information. I would like add about the 1000. You suggested to have in cash. The real amount to have in cash, aside from your regular income is “your brake even number” times 6. Here’s the quick math to find your brake even number: add all your basic needs for a month to total a dollar amount, plus rent, car note, phone bill, insurance etc. and multiply by 6. This is the amount you need to keep securely stashed somewhere in case shtf. This amount should follow you for the rest of your life. Only until amassing this amount you should consider investing or playing with your cash.

That's great advice. You should always have at least $1,000.00 in cash no matter what. When I buy silver, I try and hang on to it for at least five years or more, depending upon the spot price of silver.

You do a good job on your vids! Just subbed.

My first silver Eagles cost $9.00, I kept buying up to $42.00. I was still working so was thinking long term. As the silver cost dropped, I thought it wouldnt go as far as it has or stay this low for so long. The gain or loss comes at the time of sale, so still not selling just yet, but someday.

That initial cost of buying metals is what I call "overhead" and it's why it's not suitable for short term buying/selling. It'll always go up in value over time, so it typically won't take long to reach the break even point and your investment will start make money. 5:30 this part of your video didn't age well... lol! As I said, it'll ALWAYS go up in value over time... but it might take a long time if you've bought it at a peak! So, always try to buy at a dip, this gives you a headstart in order to overcome that overhead costs.

Hi Buddy, thanks for the informative video. Have you seen those Eagles that were flying around Oregon in flocks?

Good information for someone that is new to stacking 👍

You forgot to add in the fact that inflation runs at least 2 percent per year... and that’s if you use the government numbers. We all should know it higher. Good video

People talk about premiums all of the time. In fact, I think that they talk about premiums so much that they're virtually obsessed with the topic. I think premiums essentially don't matter, so long as the buyer is comfortable and they try to get the best price that they can at the time. You shouldn't be buying Silver unless or until you have a small emergency fund. And that emergency fund should be growing as you buy Silver. Silver is a long-term hold, so the fact that you might have purchased Silver when it was at $42/oz shouldn't be meaningful, so long as you were buying wisely. What do I mean? I mean that you should be dollar-cost-averaging so that as the price goes up, you are automatically buying less, and when the price drops, you are automatically buying more. So long as you're doing that, the ups and downs shouldn't matter. Given that the dollar is in a state of constant slow decline, your hi-dollar Silver purchased during an uptrend will eventually still hold or preserve more purchasing power than the declining dollars that you are holding a decade or two later. So long as you're D-C-Aing and holding long-term, all of this stuff is relatively superfluous. A lot of Silver stackers just don't care about their cost per oz because it won't matter at the end of the day. For the most part, that's a short to medium-term concern. I don't expect to be concerned about any price of Silver unless or until I either lose my job of nearly 20 years, the economy goes into a genuine real-time collapse, or I'm retired and end up needing some kind of supplementary income. Hopefully, I won't be selling my stack at all, and I can pass it on to my children. But any concern over price won't enter my mind for at least 15 to 20 years, and I've been stacking for more than a decade. I don't agree with people who are stacking Silver just to flip it for Gold. Gold is your ultimate savings account, but until the ratio drops to at least 50 or less, Silver is the far better buy. Plus, you want to have diversity within your stack, which is why people should ultimately be stacking multiple kinds of metals. Gold, Silver, and Copper are money. Gold for high value, Silver for moderate value, and Copper for low value. Copper is only worth collecting passively under spot (i.e. pre-1982 copper pennies). Silver is the best current buy due to the Gold to Silver ratio. And Gold is your most dense store of wealth that should be the last metal you seek to sell.

Nice eye candy with the spread on the table 👍

thanks for the info

Try buying some silver today lol. I bought some last week, cant get it this week.

Some mint's silver tarnishes, tones, or milk spots quickly. Gold doesn't have that issue

I don't know Bags. I think you're off base with this. Most active tubers now started Stacking in 2014 to now where we've been in this trading range. I bet we all have similar averages. Plus so many strategy and tips vids out there. I'd say silver stackers talk about everything because it's about sharing info. Plus making stuff up or exaggerating gets called out. Nobody likes to be fed miss information.

In 2011 we saw the ratio drop to 30-1. In 1980 we saw the ratio drop to 16-1. I fully expect the ratio to keep dropping once again. But one thing Silver stackers never mention is how dirty your hands get handling 90% silver coins.

Wow really awesome Silver Stacker video!!! :D

Im one of the oddball stackers. I still buy at the lowest premium I can for obvious reasons but I dont really care about market value going up or down. Im not buying to sell. Im one of those people that see the record breaking inflation as a sign of a economic collapse of some kind. Like the USD bottoming out. Silver and gold is my hedge against that. If you can no longer buy the things you need in cash people are typically willing to trade goods and services for precious metals. the way I see it if the worse happens and we have a collapse ill be able to provide for my family. if it never happens then my children get some gold and silver when Im gone. so its a win win

Also if you don't buy over the counter, you are usually losing alot of money since they charge quite a bit for shipping. And unless you buy in big bulks you will be alot more underwater. I've had shipping that cost like 8-10$ extra. And that's not worth it.

Nice video! Thanks for sharing it with us.

Great info! Honesty! It a rare commodity!

the silver price today needs to be at $124.00 oz. to match its peak average closing price of $36.00 oz. in 1980.

I understand the dealers not giving you the premium back when you sell because they have to make money, but giving under spot I think isn’t right. The spot price is the spot price and you should receive that when selling.

I’m in for the long haul although Im a new silver stacker , 👍

I just started buying silver but I immediately noticed premiums degrade the value of your investment immediately. My main investments have been stocks so I’m used to $0 commissions/trade fees. It’s bizarre to pay a premium but I do see why. makes it a little less attractive. However, let me not put all my eggs in one basket yea? silver is a nice little addition to my overall portfolio. I would assume silver is a safety play

You’re absolutely correct! 🤘🤑🤘

I only started this year when spot got near the low $14 range so my cost average is around $16... It's starting paying $19 for an eagle now when I was picking them up previously for $16.50. guess I got spoiled 😟.

Great video Mr. Dragon, thnx for bringing the topic to the table. My own personal case: I am a small professional investor, so investing to profit is my work. Gold (a monetary precious metal) is a small part of it, Platinum (a commodity) is also a small part of it. Silver (a commodity that almost behaves like a precious metal) is not part of it. Silver is passion, addiction and opportunity. Silver/Gold ratio is a reference. It is interesting how much stackers take it as dogma. It is not an index, it is not a driver, it is just something to help you when you will take a decision. I have a small database of each one of my rounds, bars, coins. I know exactly how much my stack is worth,what is my net profit or loss, etc. I have exchanged silver for gold and is one of my things. However this is where my investor mindset probably helps: those numismatic, high premium, or high valuation items like the Perth Swans, whenever I have a subset f my stack where I can see clear profit/valuation, if I can get what I want in gold I do not think twice. The challenge is the amount of emotion stackers put into their plans. Possibly related to the expectation of a FIAT collapse, zombie apocalypse or other preper related catastrophe. For me holing an Eagle in my hands is a feeling second to none. This is why I collect them. For sure it will be something I will gift to grandkids or similar when time comes, but finding that 1890 Spanish Bullion as large as a 2 Oz Perth Lunar, grabbing Queen Beasts and Britannias, this new Germania series, it is a lot more than the cash value. I dare to say for whomever wants to hear: do not expect to see Silver a $100 per Oz, not today, not ever. We will have sudden but temporary spikes. Those are the times we should not think and sell. For the example mentioned with the Philharmonics, that was a sellers market ,NEVER one should buy Silver at $30 per Oz. Actually, I think a lot when buying an Oz for any over $19, this is why I go for the collectibles mostly. My personal interpretation is that us stackers are expecting too much from Silver, something won't happen certainly in the next 10 years

When I first started stacking I bought and sold numismatics to help reduce my cost basis. I have my tubes of silver marked with the cost average for each tube, but once I figure in my profits from numismatics my cost basis is around $13 per oz or so. Only have about 350oz right now. Im now stacking with a set purchase on Monday of each week. Every monday evening I get to place my order, and every week I get to open up a nice package of shiny silver 😁

Boy, if we could back to that day. Now look at what we are paying over spot.

I'm fairly new to silver stacking, but I notice almost no one into stacking silver or gold ever mentions jewelry. In 2007 or maybe 2008 I bought a 56 gram 22 inch 8mm figaro sterling silver chain. I bought a matching 8 inch 8mm figaro bracelet, if i remember right I paid about $250 for the set. I wonder how much that same set would be today? I also had some gold, a 5mm 10k 20 inch rope chain and 5mm 10k 8 inch rope bracelet and a 10k gold ring with a beautiful black onyx center with a genuine diamond accent on either side of the onyx and a 23k gold plated Bulova watch with genuine diamond accent chip hour hands surrounded in those s. Crystals i can never spell or pronounce. I don't even want to know how much that whole set would be these days, ugh!

Once I was told that the value of a silver quarter should be about the same as a gallon of gas.