I had a goal for how much silver and gold that I felt was the perfect amount for me. I reached that goal and surpassed it 2 years ago. Now I occasionally buy some, when my budget allows. I am more focused on growing food and canning it, collecting rainwater, storing a year's worth of food and building up a store of bartering items.
@@mikehoskin1674Nope, just don't like spending on a large water bill to water my garden and my habit of buying in bulk when there's a sale, sure was a godsend in 2020, when there were shortages and large lineups everywhere. Fresh vegetables are the best and I enjoy canning the fruits of my labor. If that's being a doomsday prepper, so be it. As for barter items, if I don't need to barter my booze, I can always drink it 😉
@@SilverDragons47 Yeah, I only keep that much cash because I have a small farm with a few cows and seems like when things break down or goes sideways it is always on a weekend and the people who come to do repairs usually only do cash.
I watch a lot of these type videos, and I think the best line I've heard was "I'm not looking for a return on my money, I'm looking for my money to be returned"
I’m stacking for a few reasons. 1) Hedge against a failing US dollar, 2) Waiting for gold-silver ratio to narrow in below 50-1, and 3) if I ever had to barter
Right now my goal is about 500oz of silver and 5 oz of gold. I am getting close to the target and put most of my savings into it. Our currency is definitely in a weakening position and government spending seems to have no end. If I don't put it into metals (or other things), the inflation will come for it regardless
I stack 5-10 ounces at a time, whenever I have the spare cash, or when silver prices dip significantly. I don't have a goal. I think of it as forced savings, as I can't just convert silver back into fiat on a whim. When I can't fit any more silver in my safe space, I'll consider converting some silver into gold.
@@DrSchor That depends on where you get the gold from. I happen to know several people who already own gold, who would be more than happy to exchange it for silver at prevailing prices.
yes, but play with some arithmetic and compare what you paid for silver at 85 to 1 vs the cost of what you paid for that new gold if its 30 to1. Get out a pen and paper, ha.@@DrSchor
18,000 ounces of Silver and 240 ounces of Gold. Both targets are so large, I'll probably never reach either one. So I'll just continue to buy until I reach my targets, die, or can no longer afford to purchase. Right now, I have about twice the value in Silver, but I am slowly accumulating more Gold and intend for them to be fairly even in value.
Other nations currencies are already collapsing. Keep an eye on G20 nations dollars to silver/gold ratios, it will give some indication of how long before hyperinflation hits home in the US. As they sell US treasuries to prop up their own currencies (Japan) this will add to US inflation also.
I recently had to stop stacking now that things are really starting to financially get tight. Concentrating on food, water, first aid and ammo now. Gold - 140 troy ounces (buffalos and maples) Silver - 2,800 troy ounces (buffalos and SD BULLION LIBERTY ROUNDS) (Not including Constitutional silver dimes, quarters and half dollars)
Reason for stacking: 1. Inflation hedge. 2. Dollar collapse/SHTF I made a goal of 100 1/10 oz, 100 1/4 oz, 100 1/2 oz, 100 1 oz. That gives me 400 pieces for trade/barter, which is 185 ounces, which is 11.5 pounds. Easy enough to carry/move around. Still working on that goal. When I reach it, time to come up with a new goal. No junk silver, I don't want to carry a scale around!
Some people of the South during the Civil War buried their silver and gold to keep it from being stolen by the Northern troops. Today, some of these things are still buried because the people may have been killed. Some pioneers probably did the same thing.
I've always heard one should have one ounce of silver or gold for every hair on their head. I'll keep you posted when I get there or when I can find someone willing to count...lol. Very good creative topic for a video Sir., love it. Keep up the good work Silver Dragon. Life is good.....God Bless
I don't have a specific target as such. I try to keep my metals total to less than 20% of my total net worth but I haven't really cared much about that lately. For now I'm happy enough to just buy liquid stuff so I can unload it when I need to and not worry too much. Thanks!
I buy as much silver as I can afford. I've got maybe 145 oz - been stacking since April this year. No gold. Maybe if the ratio goes down, I'll convert some.
I think the metals market can be roughly converted to stocks in terms of volatility Gold is similar to mutual fund less volatile less possibility for dramatic upside Silver is like a bluechip stock clear history but more volatile than a mutual fund Platinum is like a biotech stock more potential for an upside but also much more risk Rhodium and palladium etc are like amc and gamestop, more of a gamble with less market backing Id say a conservative holding would be 60% gold 25% silver 10%platinum 5%others A more risky but still reasonable portfolio would be 20% gold 50%silver 20% platinum 10% others
@@SilverDragons47 it definitely depends, Id say that platinum has a very clear path for a minimum of a 2x current value, in relation to gold its rarer more dense, interesting properties but it lacks the history of being a bullion currency Whereas silver would struggle more to double its price, it has the history as a currency but lacks the special chemical properties, it does have a massive benefit in industry usage that platinum does have though I thunk its very reasonable toe expect the mean to revert and the prices to fall to around 35$ silver 2200 gold 1800 platinum Within a couple years
I've managed to stack my own weight in silver and then some...but I do have a very large safe to store it in...I have 5 full monster boxes in it and working on the 6th as we speak...I am retired and on a fixed income...but I buy silver like you monthly as a form of a savings account...my mind set is that I maybe spending money...but I am spending phony money on real money...so technically...I'm not really spending money...I'm saving it...smiles
I have a box with assorted tubes of 1 oz sovereign coins, one with tubes of 1 oz assorted rounds, two with assorted bars and coin bars, one box with my 2oz coins and rounds, and my favorite collectibles, and one box of course of 90% constitutional silver...so I have a well-rounded collection of silver products...only 340 more ounces to hit 3000 ounces or 6 full monster boxes...which should take me at least another year or so to finish...because that's almost an ounce a day...that's a lot of sacrificing to do...God willing...but definitely worth it...smiles...@@lamarravery4094
Theoretically mygoal is 1000 oz of silver, 12 oz of gold, $100 face value junk silver. Theoretically 300 oz silver eagles, 300 oz of 1 oz bullion(rounds etc), 200 oz of 5 oz bars and 200 oz of 10 oz bars. It's fun working towards each goal
I think there's a minimal amount of silver needed for small transactions but large amounts of wealth should be condensed in gold. When you run out of silver you can trade some gold for more.
Interesting... PROS OF LOWER DENOMINATIONS... -MORE TO BARTER WITH -MORE TO HIDE IN DIFF LOCATIONS -PROS OF LARGER GOLD... -CHEAPER PREMIUMS -CHEAPER GOLD PRICE AVERAGES -LESS ITEMS TO LOSE
That's a coincidence, starting stacking last year, taking delivery of 50 oz of silver Philharmonics tomorrow, which brings me to my goal of 1 thou, but you're right, i'm thinking next goal 2 thou, lol. I've only 1/60 th of that amount in gold, but i'm sticking with the Silver, my kids better look after me, lol. Lovin the vids, and just subbed 👍
@@DrSchor But he gave plenty of specific cases and explained those exceptions well. He also gave some solid general guidelines - 1000 oz. The answer obviously varies given each individuals needs and abilities.
From most major financial institutions the price of silver in 15 to 20 years will be about 80 to 100 dolars per oz. I plan on getting to around 1500oz for my savings. Not including slab coins or collector items.
I'm swiss and i reached my goal of 1000 ounces of silver. It's enough for me. I've got a bit over 115 dollar face value in us junk silver (dimes, quarters and half dollars) and over 2500 swiss francs face value in 835 swiss junk silver which is around 300 ounces fine silver. Around 60 percent of my stock is junk silver the rest 999 silver.
Silver Dragons.... would you be willing to create two anonymous polls of your viewers, please? One asking how many ounces they currently own, another asking them how many ounces they plan to own? Just a few simple identical ranges for each question would be helpful (e.g. under 500, 500-1000, 1000-2000, > 2000). I would be very interested to know peoples opinions as well as where they are in reaching their stacking goals.
I got three shelves in my safe. One is full of silver (getting full). One has gold (slowly but surely getting there). The last is for my hopes and dreams (completely empty, an absolute void space).
I've been stacking for about 1 1/2 years now and stacked over 250oz of silver and 2oz of gold. Like the old saying goes, "You can never have enough of a sure thing", and precious metals metals are a sure thing. Just keeps stacking til death or price becomes unaffordable. Whichever comes first 😂
LOL...100,000 oz. That would be something. You would need to fill an extra room or most of it would have to be stored off-site in a vault. That is over 3 tons if those are troy ounces. I hope you achieve this goal SD!
New stacker here. I don’t understand how junk silver is good for bartering…especially in a SHTF scenario. Any reasonably prudent person would view junk silver as basically a handful of spare change and take it at face value (making it virtually useless). Nobody would outside of the silver stacking community would understand/care to be educated on the value of junk silver.
This is true. Most people that don't buy silver and gold would only recognize your 90% junk silver as face value coins and they would ignore the silver value in them especially considering that most of the general public don't buy and stack gold and silver. People do recognize that gold has value but not so much silver. You could really only barter with other precious metals stackers as most average citizens would only barter with food and toilet paper or water or even cigarettes or basic necessities to survive. Most silver stackers already most likely have more than enough 90% silver and silver bullion already. I buy and save silver and gold bullion myself but in a SHTF situation I would rather have food, water, ammo and blankets and a first aid kit before precious metals.
It’s a security savings for me. If 2 percent inflation is the standard for how much money we potentially lose year over year. The silver/gold is a 2 percent gain year over year.
Stacking silver here as long as it's under $25/oz My investing money is 90% PM, and 10% riskier assets (I do crude oil & BTC). I only do this because other hard assets are unattainable (land, housing), and the market seems to crash monthly.
My body weight. 3,000 oz 200lbs. My goal by the time I reach 65 yrs. Done as of Aug 2023. 3 step plan to unload: 1/3 when ratio to gold falls to 20:1 or lower. 1/3 when silver reaches $600/oz or higher. 1/3 to pay monthly rent when I am old.
Hey Dragons... love the dragon themed silver, i was born in the year of the Fire Dragon. Anyway, i was engaged to a jeweler and looked into refining her scrap and recycling, thisbwas a few years before youtube and long before Sreetips. But i've always wanted to get into "rolling my own" metals. That being said, small volume refining isn't worth it unless you get a lot of scrap, or free scrap. I like the idea of stacking my bodyweight, you're nearly there with your 3k ounces, lol. But maybe i'd modify it by stacking my body weights-worth of silver, in silver and gold. So that's (currently) over $100k, split between silver and gold. I used to be a coin collector, i've passed the numismatic stuff off to one of my sons, i'm keeping the junk silver though, i'be been able to pick up dimes below melt on a certain auction site, so i think i'll try to do $100 face each in junk for the family. I guess i'm also stacking copper? I've been saving pennies for years, though maybe i should exchange those for silver....
I have more silver than gokd, weight wise of course. $$ wise its about equal. If silver will ever take off a luttle, I'll probably convert some to gold . Price has to be right, im not going to lose on my silver. I buy just about every month, almost all silver, 10-50 ozs. Its my savings/stacking/hoarding/SHTF plan. I hope we see a day soon where premiums on junk silver drop some - ive got 1000 face in quarters, 500 in dimes, need to get more 1/2s but too pricey right now. All my junk silver has been 18x face or less.
I buy silver whenever the price drops, I buy it because I like it for what it is, I have no intention to sell it/trade it, sure there may come a time but not planning on it. As for goals, I'll stack for as long as I can, just like anything else, buy what you like to own, buy it on your own terms, buy it when its on sale. If I had to set a goal, it wouldn't be about the silver but more so a personal buffer goal, I'd say about 10 years worth of property taxes, maybe more. I worked my butt off to own my life, however one thing I can not buy piece of mind is property tax, miss your dues and they'll claim it all for themselves, I'd be nice to know I wouldn't have to worry about the government for a decade or so.
I mostly buy platinum bars, but do love stacking fractional silver and 2-10g gold bars; I'm not worried about the premium, I'll get that back selling to the public; if you buy large bars then you're forced to sell to coin shops and dealers.
I'm trying to buy 10z every payday (2 weeks) , whatever is cheapest in 1 Oz. Increments. I'm at 65 Oz. But whenever I get extra cash I go to my local store and buy more. Mostly I buy online due to work restrictions. When I get to 1k ounces I'm concentrating on Gold and 10 Oz. Silver bars.
Inspiring! Thanks for the advice on how to invest in a healthy way as you are doing. I would really love to know how much work you did put in to get to this stage
I engage in various prolific investments by compound interest & leveraging and as well operating with an investment professional Mrs Alicia Theodore , so far I've attained returns of over $30k last month
i had well over 1000 ounces and it became a problem so i sold 750 ounces recently and it felt great, way too much trouble to stack so i have 350 eagles that i will keep just in case.
I agree with you...I too have hit my goals over and over again...1 monster box...then 2...then 3...etc...etc...etc...lol...I just surpassed my last goal by 175 ounces and two months earlier than expected...because of all the market manipulations going on...keeping the spot prices down for quite some time now...like today spot hit 22.26 and I picked up (4) more $5.00 FV tubes of "Mercury Dimes" while premiums are low at this time...and only $4.29 over spot for "Mercury Dimes"...from Monument Metals...smiles...haven't made up a new goal as of yet...but why stop stacking if they are going to keep manipulating market???...especially if you like myself are not intending to sell them anyways...it just means we can get it on the cheap longer...and why I keep stacking silver every two weeks without fail...not a lot...but at least enough to get free shipping when I do...smiles...and every two weeks I look forward to seeing what's new on the market...and or what's on sale...smiles
Yah this is a tough one to answer for sure lol. Everyones got different goals, different reasons they stack, different income levels, different needs for their quality of life. For me personally I just want an investment that I hold in my hands physically to diversify a little bit from the normal. For me its a little insurance if everything went south and something cool to pass down to the kids one day. I plan on picking away bit by bit for life but for now the starting goal is 500oz.
i have no savings. so 4 months of savings is still nothing i have never heard you should have 3 or 4 months of savings. please explain. what is the reasoning behind that idea
@@DrSchor it s a financial safety concept to have 3-4 months worth of living expenses saved because that (used to be) the average time needed to find a new job if you lose your current one.
Great to know your personal Gold to Silver ratio, thanks! My goal is to have enough Silver to live for 3 years off of it if I need to. I live simply and so can do with 3000 ounces. Even the 1929 Stock Market Crash bottomed out by 1932 and started rising from there. So I figure society can go upside down for 3 years before a turnaround. I could be wrong but that is my current reasoning.
A 2000 Oz is the sheer weight of the stack became sort of unmanageable so I switched to gold now I'm probably 90% gold 10% silver thank you as always Mr silver dragon
My goal is 100 oz of silver and 1 oz of gold per year for 5 years and just Hold. Now if the price of either goes below spot at today's rate I may by more per year.
I have my body weight in Silver, 450 ozt is in 40%/90% Constitutional. Now I'm waiting to play the Ratio to chip-up to Gold. Until that happens, my end of 2024 goal is to add another 1000 ozt.
I think the answer for that question is really dependent on the goals and reasoning of the individual person. I can’t speak for anybody besides myself. For me, I am a coin collector, I happen to like collecting silver coins (especially coins which were once in circulation, those are my favourite) and the algorithm sent me to the legendary Silver Dragons! If I find silver coins I like, I will get them if the price is right. If silver dragons sees this comment, you have a nice collection.
Right now I’m at 333 to 1 lol. Gotta bring that ratio down with more gold I think. That being said, you can’t get enough silver given how undervalued it is right now.
Start with 30 oz, then 60 oz, then 100 oz. From that point you will be in the top 20%er (I think). Once you hit 100 oz you should know enough to continue your Silver and Gold journey on your own.
@@DrSchor theoretically just put more money towards metals each month and this will increase the weight you have but this is unnecessary for me. If I stick to the same $ amount every month or set a goal of say 10 to 15 ounces a month it will amaze you how fast you’re stack will increase even with that simple plan
Iv been collecting silver coins for about 20 years and been paying just over silver price for them iv some that are now worth 1000x what i paid for them i all so have shares in mining companies so if silver goes up its win win and if not i still get dividend and growth in capital hopefully but if the worst happens then a can of tuna will be worth its weight in gold lol
I was melting some of my rings and necklaces to reuse them for other Jewelry making but after i try to turn them into a wrapping wire on the machine it keeps cracking
That's an easy question... How much? YES. First be sure you have your rainy day and emergency funds, and enough funds to live for 3-6 months if you lose your job. Then split between money to save (S&G) and cash to invest (so you can stack more)
This is a a 2 parter. When it comes to "Cost Average", I'd like to know what percentage of people calculate their cost per ounce even when they are well diversified with bars, eagles, 90% etc or do people do it like me and have cost average for 90% , a cost average for eagles, cost average for rounds etc? Second part - What are peoples cost average & roughly how many ounces it took to get that cost average. Of course for people like me that never got a chance to stack when silver was $8, $9, $10 an ounce it will vary widely I assume. I'd like to see a video about this.
I also have a current DCA for every category I have. I strive weekly to stay under it if at all possible. Recently that has led to many choices. It's just smart spending habits.
I think that stacking your weight or more in sovereign BU is a goal. The reason for BU is to be valued for a collectors item in 50 to a 100 years. I am 77 and i am passing down as generational weath. I have no use in my using it..
You have enough so you can stop stacking. Once I hit 1000 ounces, I stopped. I also stopped buying gold when I hit 200 ounces. Cannot put any more in my Franklin safe.
Question for the community, here... My grandfather left us a coin collection that had some junk silver in it. Specifically pre-1965 Quarters and Dimes (as well as a handful of Dollars and Half-Dollars). Does it make sense to convert that into pure silver rounds, or should I just keep it in its current junk silver form? For context, I currently own zero other silver, and am only just now beginning to look into this as a form of investment.
i can answer that, but i need to know first: what is your plan for avoiding the drop in value when you pay the premium on the pure silver rounds . what advantage do you perceive you will gain by this conversion
My LCS has given me the opportunity to acquire several hundred war nickels at $1.00/ea. I told the owner I will buy all of them. Will even accept a personal check.
Body weight!!? LOL ~ that's hilarious. 😛 I'm nervous as heck regarding the global economics and the financial crash that seems unavoidable and imminent here in the USA---but, I can only do what I can do, so I refuse to beat myself up for not starting sooner.
Enjoyed the video but I just don’t believe junk silver will be valued in a SHTF situation. You’d be relying on average people to understand the dime you have has value over the dime they have seen their whole lives and is presumably worthless. Just can’t see how that would work.
its for use with traders not your neighbours. Once your neighbours realise they can use silver to purchase from the farmer markets they'll learn quick enough its worth bartering for.
![ตีสิบเดย์ [FULL] | นางเอกหมอลำเงินล้าน "อุ๋งอิ๋ง เพชรบ้านแพง" & ไฮโซสาวสุดฮอต "ลิลลี่ เหงียน"](http://i.ytimg.com/vi/jPxQS_EgrJ4/mqdefault.jpg)
Stack silver until you can reasonably say to yourself “Uh I don’t where I can hide this amount anymore.” Then start stacking gold.
haha great goal 👍🏽🔥🐉
I'm almost to that point. Gold demands more discipline to save for! 😂
This is my thinking also. 😊👍
@@elhazelrahYes it does and $ also.
I had a goal for how much silver and gold that I felt was the perfect amount for me. I reached that goal and surpassed it 2 years ago. Now I occasionally buy some, when my budget allows. I am more focused on growing food and canning it, collecting rainwater, storing a year's worth of food and building up a store of bartering items.
I need to prep more myself 🔥🐉
Ehh sounds boring
but how much is your goal; and rainwater.
Doomsday pepper eh?
@@mikehoskin1674Nope, just don't like spending on a large water bill to water my garden and my habit of buying in bulk when there's a sale, sure was a godsend in 2020, when there were shortages and large lineups everywhere. Fresh vegetables are the best and I enjoy canning the fruits of my labor. If that's being a doomsday prepper, so be it. As for barter items, if I don't need to barter my booze, I can always drink it 😉
I started stacking 6 months ago and my goals this year is 50 oz of silver and 1/4th oz of gold
Thats a good one
1/4 oz gold a year seems good
My goal is to stack a full ton. I'm currently a ton short.
Metric, long or short?
I am a collector first, stacker second, I really enjoy both, no set amount or end goal. It’s just a lifestyle,Keep Stackin bro
I keep %40 cash, %40 silver and %20 gold. That is my rule of thumb.
i’m a bit lower on the cash you have more faith than me lol 🔥🐉
@@SilverDragons47 Yeah, I only keep that much cash because I have a small farm with a few cows and seems like when things break down or goes sideways it is always on a weekend and the people who come to do repairs usually only do cash.
fasinating. how did you arrive at that rule.
@@DrSchor Not really a rule, just a guide. The percents change a bit at times but just something to shoot for
That sounds pretty good. I'm gonna take that into consideration. Thanks
At one time I had a goal to stack my own weight in silver. And, I got 2/3rds of the way to that goal. Then came the boating accident.
Yeah I highly recommend avoiding the Puerto Rico Trench it's like a magnet for bullion related boating accidents.
I hate it when that happens. 😊
I watch a lot of these type videos, and I think the best line I've heard was "I'm not looking for a return on my money, I'm looking for my money to be returned"
If you're stacking your winning! No matter how much or little! Great content as always!
My target is to stack the entire silver content of the earths crust
seems slightly unobtainable lol 🔥🐉
So which Hunt brother are you?
@@karensullivan7060 the black one
For the majority, you need at least 2,000 ounces of silver and 12 - 20 ounces of gold, from there is just maintenance.
❤❤❤❤
I’m stacking for a few reasons. 1) Hedge against a failing US dollar, 2) Waiting for gold-silver ratio to narrow in below 50-1, and 3) if I ever had to barter
Exactly
Right now my goal is about 500oz of silver and 5 oz of gold. I am getting close to the target and put most of my savings into it. Our currency is definitely in a weakening position and government spending seems to have no end. If I don't put it into metals (or other things), the inflation will come for it regardless
The first rule of stacking is the same as the first rule of Fight Club.
I stack 5-10 ounces at a time, whenever I have the spare cash, or when silver prices dip significantly. I don't have a goal. I think of it as forced savings, as I can't just convert silver back into fiat on a whim. When I can't fit any more silver in my safe space, I'll consider converting some silver into gold.
Exactly
great way to do it! 🔥🐉
help explain; is not converting silver to gold paying a premium twice?
@@DrSchor That depends on where you get the gold from. I happen to know several people who already own gold, who would be more than happy to exchange it for silver at prevailing prices.
yes, but play with some arithmetic and compare what you paid for silver at 85 to 1 vs the cost of what you paid for that new gold if its 30 to1. Get out a pen and paper, ha.@@DrSchor
18,000 ounces of Silver and 240 ounces of Gold. Both targets are so large, I'll probably never reach either one. So I'll just continue to buy until I reach my targets, die, or can no longer afford to purchase. Right now, I have about twice the value in Silver, but I am slowly accumulating more Gold and intend for them to be fairly even in value.
Stack until the dollar collapses
That is my plan 😂
great way to do it! 🔥🐉
And if it don't collapse give it your kids/grandkids/neices/nephews.
@@mikealeshire2195 that's the idea 💡
Other nations currencies are already collapsing. Keep an eye on G20 nations dollars to silver/gold ratios, it will give some indication of how long before hyperinflation hits home in the US. As they sell US treasuries to prop up their own currencies (Japan) this will add to US inflation also.
I recently had to stop stacking now that things are really starting to financially get tight. Concentrating on food, water, first aid and ammo now.
Gold - 140 troy ounces (buffalos and maples)
Silver - 2,800 troy ounces (buffalos and SD BULLION LIBERTY ROUNDS)
(Not including Constitutional silver dimes, quarters and half dollars)
water is scarce where you live?
@@johnnnoise Clean water might be
You seems setteled with that amount of ounces
I will add silver to my stack as much and often as I can.
Thank you so much.
Reason for stacking:
1. Inflation hedge.
2. Dollar collapse/SHTF
I made a goal of 100 1/10 oz, 100 1/4 oz, 100 1/2 oz, 100 1 oz. That gives me 400 pieces for trade/barter, which is 185 ounces, which is 11.5 pounds. Easy enough to carry/move around. Still working on that goal. When I reach it, time to come up with a new goal. No junk silver, I don't want to carry a scale around!
I only stack American silver. My goal is 500$face of 90% silver and the rest in gold,
great goal! 🔥🐉
Some people of the South during the Civil War buried their silver and gold to keep it from being stolen by the Northern troops. Today, some of these things are still buried because the people may have been killed. Some pioneers probably did the same thing.
I've always heard one should have one ounce of silver or gold for every hair on their head. I'll keep you posted when I get there or when I can find someone willing to count...lol. Very good creative topic for a video Sir., love it. Keep up the good work Silver Dragon. Life is good.....God Bless
I don't have a specific target as such. I try to keep my metals total to less than 20% of my total net worth but I haven't really cared much about that lately. For now I'm happy enough to just buy liquid stuff so I can unload it when I need to and not worry too much. Thanks!
I buy as much silver as I can afford. I've got maybe 145 oz - been stacking since April this year. No gold. Maybe if the ratio goes down, I'll convert some.
I stopped at 160. Changed to gold.
@@michaelphillips3123 Can't afford gold.
I think the metals market can be roughly converted to stocks in terms of volatility
Gold is similar to mutual fund less volatile less possibility for dramatic upside
Silver is like a bluechip stock clear history but more volatile than a mutual fund
Platinum is like a biotech stock more potential for an upside but also much more risk
Rhodium and palladium etc are like amc and gamestop, more of a gamble with less market backing
Id say a conservative holding would be
60% gold 25% silver 10%platinum 5%others
A more risky but still reasonable portfolio would be 20% gold 50%silver 20% platinum 10% others
depends on your idea if risk I think platinum is more risky than silver 🔥🐉
@@SilverDragons47 it definitely depends,
Id say that platinum has a very clear path for a minimum of a 2x current value, in relation to gold its rarer more dense, interesting properties but it lacks the history of being a bullion currency
Whereas silver would struggle more to double its price, it has the history as a currency but lacks the special chemical properties, it does have a massive benefit in industry usage that platinum does have though
I thunk its very reasonable toe expect the mean to revert and the prices to fall to around
35$ silver
2200 gold
1800 platinum
Within a couple years
I've managed to stack my own weight in silver and then some...but I do have a very large safe to store it in...I have 5 full monster boxes in it and working on the 6th as we speak...I am retired and on a fixed income...but I buy silver like you monthly as a form of a savings account...my mind set is that I maybe spending money...but I am spending phony money on real money...so technically...I'm not really spending money...I'm saving it...smiles
You're just buying silver eagles?
I have a box with assorted tubes of 1 oz sovereign coins, one with tubes of 1 oz assorted rounds, two with assorted bars and coin bars, one box with my 2oz coins and rounds, and my favorite collectibles, and one box of course of 90% constitutional silver...so I have a well-rounded collection of silver products...only 340 more ounces to hit 3000 ounces or 6 full monster boxes...which should take me at least another year or so to finish...because that's almost an ounce a day...that's a lot of sacrificing to do...God willing...but definitely worth it...smiles...@@lamarravery4094
Theoretically mygoal is 1000 oz of silver, 12 oz of gold, $100 face value junk silver. Theoretically 300 oz silver eagles, 300 oz of 1 oz bullion(rounds etc), 200 oz of 5 oz bars and 200 oz of 10 oz bars. It's fun working towards each goal
I think there's a minimal amount of silver needed for small transactions but large amounts of wealth should be condensed in gold. When you run out of silver you can trade some gold for more.
yeah both gold and silver have their place for sure 🔥🐉
Id like to see a video on fractional gold and pros and cons of stacking it and how much of it you should stack of each size and so forth
Interesting...
PROS OF LOWER DENOMINATIONS...
-MORE TO BARTER WITH
-MORE TO HIDE IN DIFF LOCATIONS
-PROS OF LARGER GOLD...
-CHEAPER PREMIUMS
-CHEAPER GOLD PRICE AVERAGES
-LESS ITEMS TO LOSE
The guy with the phone number is a fake Silver Dragons account.
I stacked for my retirement and am using it to up grade my retirement. My kids want nothing to do with my my metals.
kid don't want your metals? are u sure.
Correct. They plan to sell all of it as soon as I pass. I decided to reward myself and use it in my retirement
@@Arturro-ix2zgEnjoy your life, if your kids are ungrateful then use all your money and don't leave them much.
That's a coincidence, starting stacking last year, taking delivery of 50 oz of silver Philharmonics tomorrow, which brings me to my goal of 1 thou, but you're right, i'm thinking next goal 2 thou, lol. I've only 1/60 th of that amount in gold, but i'm sticking with the Silver, my kids better look after me, lol. Lovin the vids, and just subbed 👍
This was great, Dragons! Excellent practical advice for all stackers.
his answer was the all purpose "it depends".
@@DrSchor But he gave plenty of specific cases and explained those exceptions well. He also gave some solid general guidelines - 1000 oz. The answer obviously varies given each individuals needs and abilities.
From most major financial institutions the price of silver in 15 to 20 years will be about 80 to 100 dolars per oz. I plan on getting to around 1500oz for my savings. Not including slab coins or collector items.
Thanks for that feedback! I have something I'd love to share with you
I'm swiss and i reached my goal of 1000 ounces of silver. It's enough for me. I've got a bit over 115 dollar face value in us junk silver (dimes, quarters and half dollars) and over 2500 swiss francs face value in 835 swiss junk silver which is around 300 ounces fine silver. Around 60 percent of my stock is junk silver the rest 999 silver.
Silver Dragons.... would you be willing to create two anonymous polls of your viewers, please? One asking how many ounces they currently own, another asking them how many ounces they plan to own? Just a few simple identical ranges for each question would be helpful (e.g. under 500, 500-1000, 1000-2000, > 2000). I would be very interested to know peoples opinions as well as where they are in reaching their stacking goals.
Started out stacking silver as a savings didn't take long to reach the 2000 Oz mark
❤❤❤❤
I got three shelves in my safe. One is full of silver (getting full). One has gold (slowly but surely getting there). The last is for my hopes and dreams (completely empty, an absolute void space).
I've been stacking for about 1 1/2 years now and stacked over 250oz of silver and 2oz of gold. Like the old saying goes, "You can never have enough of a sure thing", and precious metals metals are a sure thing. Just keeps stacking til death or price becomes unaffordable. Whichever comes first 😂
LOL...100,000 oz. That would be something. You would need to fill an extra room or most of it would have to be stored off-site in a vault. That is over 3 tons if those are troy ounces. I hope you achieve this goal SD!
New stacker here. I don’t understand how junk silver is good for bartering…especially in a SHTF scenario. Any reasonably prudent person would view junk silver as basically a handful of spare change and take it at face value (making it virtually useless). Nobody would outside of the silver stacking community would understand/care to be educated on the value of junk silver.
This is true. Most people that don't buy silver and gold would only recognize your 90% junk silver as face value coins and they would ignore the silver value in them especially considering that most of the general public don't buy and stack gold and silver. People do recognize that gold has value but not so much silver. You could really only barter with other precious metals stackers as most average citizens would only barter with food and toilet paper or water or even cigarettes or basic necessities to survive. Most silver stackers already most likely have more than enough 90% silver and silver bullion already. I buy and save silver and gold bullion myself but in a SHTF situation I would rather have food, water, ammo and blankets and a first aid kit before precious metals.
I’m not a believer in a SHTF scenario but if it were to happen i think would learn fast what’s real money. It’s not like it’s rocket science 😅
It’s a security savings for me. If 2 percent inflation is the standard for how much money we potentially lose year over year. The silver/gold is a 2 percent gain year over year.
Stacking silver here as long as it's under $25/oz
My investing money is 90% PM, and 10% riskier assets (I do crude oil & BTC). I only do this because other hard assets are unattainable (land, housing), and the market seems to crash monthly.
I stack until silver goes over $30, then I'll quit and buy other stuff
My body weight. 3,000 oz 200lbs. My goal by the time I reach 65 yrs. Done as of Aug 2023. 3 step plan to unload: 1/3 when ratio to gold falls to 20:1 or lower. 1/3 when silver reaches $600/oz or higher. 1/3 to pay monthly rent when I am old.
I’ve also got $32 FV in junk silver (between dimes and half dollars). I think $500 FV is a great goal!
help us out: why is that your goal
Hey Dragons... love the dragon themed silver, i was born in the year of the Fire Dragon.
Anyway, i was engaged to a jeweler and looked into refining her scrap and recycling, thisbwas a few years before youtube and long before Sreetips. But i've always wanted to get into "rolling my own" metals.
That being said, small volume refining isn't worth it unless you get a lot of scrap, or free scrap.
I like the idea of stacking my bodyweight, you're nearly there with your 3k ounces, lol. But maybe i'd modify it by stacking my body weights-worth of silver, in silver and gold. So that's (currently) over $100k, split between silver and gold.
I used to be a coin collector, i've passed the numismatic stuff off to one of my sons, i'm keeping the junk silver though, i'be been able to pick up dimes below melt on a certain auction site, so i think i'll try to do $100 face each in junk for the family.
I guess i'm also stacking copper? I've been saving pennies for years, though maybe i should exchange those for silver....
I have more silver than gokd, weight wise of course. $$ wise its about equal. If silver will ever take off a luttle, I'll probably convert some to gold . Price has to be right, im not going to lose on my silver. I buy just about every month, almost all silver, 10-50 ozs. Its my savings/stacking/hoarding/SHTF plan. I hope we see a day soon where premiums on junk silver drop some - ive got 1000 face in quarters, 500 in dimes, need to get more 1/2s but too pricey right now. All my junk silver has been 18x face or less.
I buy silver whenever the price drops, I buy it because I like it for what it is, I have no intention to sell it/trade it, sure there may come a time but not planning on it.
As for goals, I'll stack for as long as I can, just like anything else, buy what you like to own, buy it on your own terms, buy it when its on sale.
If I had to set a goal, it wouldn't be about the silver but more so a personal buffer goal, I'd say about 10 years worth of property taxes, maybe more. I worked my butt off to own my life, however one thing I can not buy piece of mind is property tax, miss your dues and they'll claim it all for themselves, I'd be nice to know I wouldn't have to worry about the government for a decade or so.
I mostly buy platinum bars, but do love stacking fractional silver and 2-10g gold bars; I'm not worried about the premium, I'll get that back selling to the public; if you buy large bars then you're forced to sell to coin shops and dealers.
I recently got a 80% Canadian centenial dollar for spot. I like it.
yup, i doubt i'll ever be done stacking gold and silver...
yeah it’s hard to fathom stopping 🔥🐉
I'm trying to buy 10z every payday (2 weeks) , whatever is cheapest in 1 Oz. Increments. I'm at 65 Oz. But whenever I get extra cash I go to my local store and buy more. Mostly I buy online due to work restrictions. When I get to 1k ounces I'm concentrating on Gold and 10 Oz. Silver bars.
15 oz’s of silver a month is my short term goal. 10 coins a paycheck and 1. 5oz bar a paycheck fits my budget.
Great information SD my target is ten percent of my net wealth or ten percent of what's paid for and in my name ie cars home
great goal! 🔥🐉
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022
Inspiring! Thanks for the advice on how to invest in a healthy way as you are doing. I would really love to know how much work you did put in to get to this stage
Invest in crypto and gold💯
They're really profitable rn🚀
I engage in various prolific investments by compound interest & leveraging and as well operating with an investment professional Mrs Alicia Theodore , so far I've attained returns of over $30k last month
Wow! Wow please is there any way to reach there services?
i had well over 1000 ounces and it became a problem so i sold 750 ounces recently and it felt great, way too much trouble to stack so i have 350 eagles that i will keep just in case.
50/50 gold/silver seems good. It may take decades for the GSR to drop a lot.
yeah that is a good mix 🔥🐉
@@SilverDragons47 Is that 50/50 Oz gold/silver, or 50/50 Dollars?
I agree with you...I too have hit my goals over and over again...1 monster box...then 2...then 3...etc...etc...etc...lol...I just surpassed my last goal by 175 ounces and two months earlier than expected...because of all the market manipulations going on...keeping the spot prices down for quite some time now...like today spot hit 22.26 and I picked up (4) more $5.00 FV tubes of "Mercury Dimes" while premiums are low at this time...and only $4.29 over spot for "Mercury Dimes"...from Monument Metals...smiles...haven't made up a new goal as of yet...but why stop stacking if they are going to keep manipulating market???...especially if you like myself are not intending to sell them anyways...it just means we can get it on the cheap longer...and why I keep stacking silver every two weeks without fail...not a lot...but at least enough to get free shipping when I do...smiles...and every two weeks I look forward to seeing what's new on the market...and or what's on sale...smiles
Yah this is a tough one to answer for sure lol. Everyones got different goals, different reasons they stack, different income levels, different needs for their quality of life.
For me personally I just want an investment that I hold in my hands physically to diversify a little bit from the normal. For me its a little insurance if everything went south and something cool to pass down to the kids one day. I plan on picking away bit by bit for life but for now the starting goal is 500oz.
how does that work, the starting goal? a starting goal is not a goal at all, as you already know. what is the real goal for you, and why
We've all heard "have 3-4 months of savings" and i do, in silver and in alternate currency and regular fiat
i have no savings. so 4 months of savings is still nothing
i have never heard you should have 3 or 4 months of savings. please explain.
what is the reasoning behind that idea
@@DrSchor it s a financial safety concept to have 3-4 months worth of living expenses saved because that (used to be) the average time needed to find a new job if you lose your current one.
Still stacking on the low dip !!! Silver & gold
❤❤❤🎉
My goal is 1000 ozt. 90% silver 10% gold, and I could still carry it.
Hello, will that be 90%/10% Oz division, or $ dollar division?
how heavy is the lead you will carry to protect it.
I like this video. It gives me a goal on how much to stack. Thanks for sharing. 😀
Very excellent content SD! Keep it up. Love the videos as always.
Great to know your personal Gold to Silver ratio, thanks!
My goal is to have enough Silver to live for 3 years off of it if I need to. I live simply and so can do with 3000 ounces.
Even the 1929 Stock Market Crash bottomed out by 1932 and started rising from there. So I figure society can go upside down for 3 years before a turnaround.
I could be wrong but that is my current reasoning.
The guy with the phone number is a fake Silver Dragons account.
Never stop stacking!!
3000 ounces….Well done Sir 🐲😎🤘✨
A 2000 Oz is the sheer weight of the stack became sort of unmanageable so I switched to gold now I'm probably 90% gold 10% silver thank you as always Mr silver dragon
lol...I did the same thing...I too have put together a separate box of $500.00 FV in 90% constitutional silver...I call my "barter box"...lol
Thanks for that feedback! I have something I'd love to share with you
My goal is 100 oz of silver and 1 oz of gold per year for 5 years and just Hold. Now if the price of either goes below spot at today's rate I may by more per year.
I asked my wife where does this end. because I'm so addicted. She told me it doesn't.
i have 52.16 troy ounces of Silver in my stack
I'm stacking for savings and for future possibilities of bargaining
My goal is to stack until ratio is in the high 40’s or low 50’s - flip everything to gold - continue stacking
I have my body weight in Silver, 450 ozt is in 40%/90% Constitutional. Now I'm waiting to play the Ratio to chip-up to Gold. Until that happens, my end of 2024 goal is to add another 1000 ozt.
Sold off most of my silver and traded for gold. I don't like being at the mercy of LCDs
I think the answer for that question is really dependent on the goals and reasoning of the individual person. I can’t speak for anybody besides myself.
For me, I am a coin collector, I happen to like collecting silver coins (especially coins which were once in circulation, those are my favourite) and the algorithm sent me to the legendary Silver Dragons! If I find silver coins I like, I will get them if the price is right.
If silver dragons sees this comment, you have a nice collection.
I currently have about 90 oz silver per oz of gold. I’d prefer to get it down to about 25, but silver still seems like a better deal.
Right now I’m at 333 to 1 lol. Gotta bring that ratio down with more gold I think. That being said, you can’t get enough silver given how undervalued it is right now.
1,000 ounces, very diversified. Next is 16oz of Gold.
Start with 30 oz, then 60 oz, then 100 oz. From that point you will be in the top 20%er (I think). Once you hit 100 oz you should know enough to continue your Silver and Gold journey on your own.
Yes much more silver ,prices of silver so much more affordable and a bargain than gold!!!!!
Really good informative video. Thank you !
I liked Florida Stackers, and Silver Torch66, breakdowns on a good foundation amount of silver.
100oz.
Silver Torch66:
60oz- ASEs
20oz- Foriegn National Bullion (Maples,Britainnia, etc.)
10 oz- Generic (bars,rds, etc)
10 oz- 90% constitutional
Florida Stacker:
55oz- ASEs
20oz- Generic/FNB
25oz- 90%
❤
What about your body weight in oz? And then convert it to 1 oz gold soon as you hit the goal then reload back to body weight lol
I am in my third month of stacking and the number adds fast !!
fascinating. how do you make adding go faster than it usually does
@@DrSchor theoretically just put more money towards metals each month and this will increase the weight you have but this is unnecessary for me. If I stick to the same $ amount every month or set a goal of say 10 to 15 ounces a month it will amaze you how fast you’re stack will increase even with that simple plan
@@DrSchor at 3 months I had 40oz of silver. Today at 6 months I currently have 110oz’s of silver and 1/2 of gold just by sticking to a basic plan
Iv been collecting silver coins for about 20 years and been paying just over silver price for them iv some that are now worth 1000x what i paid for them i all so have shares in mining companies so if silver goes up its win win and if not i still get dividend and growth in capital hopefully but if the worst happens then a can of tuna will be worth its weight in gold lol
I was melting some of my rings and necklaces to reuse them for other Jewelry making but after i try to turn them into a wrapping wire on the machine it keeps cracking
That's an easy question... How much? YES. First be sure you have your rainy day and emergency funds, and enough funds to live for 3-6 months if you lose your job. Then split between money to save (S&G) and cash to invest (so you can stack more)
This is a a 2 parter. When it comes to "Cost Average", I'd like to know what percentage of people calculate their cost per ounce even when they are well diversified with bars, eagles, 90% etc or do people do it like me and have cost average for 90% , a cost average for eagles, cost average for rounds etc? Second part - What are peoples cost average & roughly how many ounces it took to get that cost average. Of course for people like me that never got a chance to stack when silver was $8, $9, $10 an ounce it will vary widely I assume. I'd like to see a video about this.
I also have a current DCA for every category I have. I strive weekly to stay under it if at all possible. Recently that has led to many choices. It's just smart spending habits.
I think that stacking your weight or more in sovereign BU is a goal. The reason for BU is to be valued for a collectors item in 50 to a 100 years. I am 77 and i am passing down as generational weath. I have no use in my using it..
You have enough so you can stop stacking. Once I hit 1000 ounces, I stopped.
I also stopped buying gold when I hit 200 ounces. Cannot put any more in my Franklin safe.
I’m stacking precious metals for retirement. Gold, Silver, and platinum.
Question for the community, here... My grandfather left us a coin collection that had some junk silver in it. Specifically pre-1965 Quarters and Dimes (as well as a handful of Dollars and Half-Dollars). Does it make sense to convert that into pure silver rounds, or should I just keep it in its current junk silver form?
For context, I currently own zero other silver, and am only just now beginning to look into this as a form of investment.
i can answer that, but i need to know first: what is your plan for avoiding the drop in value when you pay the premium on the pure silver rounds . what advantage do you perceive you will gain by this conversion
I’m late in this game. Is Walmart on line a good place to buy silver?
My LCS has given me the opportunity to acquire several hundred war nickels at $1.00/ea. I told the owner I will buy all of them. Will even accept a personal check.
😊thanks for sharing 😊
Nice camera angles broski
Yeah, I was gonna buy some silver but then I bought a new gun
Body weight!!? LOL ~ that's hilarious. 😛 I'm nervous as heck regarding the global economics and the financial crash that seems unavoidable and imminent here in the USA---but, I can only do what I can do, so I refuse to beat myself up for not starting sooner.
Enjoyed the video but I just don’t believe junk silver will be valued in a SHTF situation. You’d be relying on average people to understand the dime you have has value over the dime they have seen their whole lives and is presumably worthless. Just can’t see how that would work.
its for use with traders not your neighbours. Once your neighbours realise they can use silver to purchase from the farmer markets they'll learn quick enough its worth bartering for.