Hello, silver stacking community! I saw a YouTube video yesterday about gold + silver coins... Since then, I haven't stopped watching stacking videos. I was wondering if someone could help me answer the following questions: 1. I think the main reason(s), in my opinion, for stacking are having many shiny, awesome silver coins and bars, and being able to sell the coins at a higher price than what you paid, but what are some of the main reasons for stacking? (sorry for run-on sentence ) 2. How can I start a stack on an extremely limited budget? ($20-$30 a month) 3. How do I know that I'm not just throwing away money? 4. How/where can I store my silver? Thanks! Sorry for sounding like a complete newbie... Musical Stacker
Welcome! On that limited budget you will have to stick to stacking silver but that is ok because silver is more volatile then gold which basically means there should be more profits from it then gold. Bull market will soon be here! Keep stacking!
If there is a local bullion dealer in your area, buy off him. Stick to low premium eagles and Buffaloes.
^This ...and if you get bored and want to collect something different (and a bit more exotic) then try Mexican Libertads. As a general rule, the higher the premium (price above spot) the harder it will be to get your money back when selling, unless you have something particularly rare or exotic.
I guess you might try stacking 1 oz silver bars, from Sunshine mint or Scottsdale. Johnson Matthew might be ok too.
