Having been an official stacker now for 4 days I think i'm ready to start asking some questions.
firstly could someone put me out of my misery and tell me what "fiat" means?
I've figured now that most of you don't drive a fiat and it means something else?
Is there a post that deciphers all the acronyms used on silver stackers?
AG? AU? PM?
I have been in the collectables scene for many years, been online since conception, yet I've never heard of stacking,
we're all aware of coin collecting ect but precious metal collecting isn't really spoke of much in the main stream of collectables.
take the trading card hobby, basically it's made up of maybe 10% collectors and the rest are speculators, all speculating on the same
product, which has a limited collector market, it's extremely hard to break even, let alone make a profit, yet thousands of people keep at it,
even though history shows that 99% of cards lose their value once the true collectors have what they want, the rest stays on the market.
a large percentage of sports card collectors are merely gamblers, buying a box of footy cards is like buying a scratch lottery ticket, the chase is that elusive card that may be 1 in 50 boxes and sells for $800.
but this obviously only happens to 1 in 50 people busting a box.
anyway, silver bullion is relatively cheap, unlike cards silver has that intrinsic value, and like cards, silver coins have an exciting speculative element.
I am certain that if card collectors, and all types of collectors knew about the stacking culture, the affordability of an ounce of silver, and the examples of good numismatic premiums, the hobby of silver stacking would be huge!
in the past few days of reading like a billion words relating to silver stacking, I have a strong impression that the mints that produce the coins and bars are very keen to sell their silver, I can't help but think though, these guys know more about silver then most would, surely if silver was destined to raise significantly, they would hold onto their silver and produce coins when they get the best bang for their buck aswell.
back on collectors of everything else but gold and silver, How could this hobby infiltrate other hobby's to capture a bigger slice of the collectables market? this is after all the real deal, not a piece of paper with a footy player's face plasted on it, or a barbie doll.
There needs to be a bit more promotion, I see there are many you tube vids of people in the game talking up the possibilities of silver ect, but if your not looking for that, you never see it, so I think it may be time for the lower end of the silver industry to take it to the next level and on the forefront of every collectors mind.
The big boys don't convince the little boys 'cos we can't help but think the big boys have something more to gain.
if the collectables scene heard it first hand from the stackers, the average joe's that explain it all in simple terms,
over time I bet many collectors of things would become stackers, and I think the incentive for existing stackers is that's what may take
the value of silver to very high levels, not the fact that it aventually runs out, or the economy, but because the collecting/stacking market is so high.
and because collectors are just that, a decent percentage of them will go further with stacking and into numismatics, it all goes hand in hand i guess, more stackers reduces the availability of limited releases to numismatics who increase the premium chasing them.
firstly could someone put me out of my misery and tell me what "fiat" means?
I've figured now that most of you don't drive a fiat and it means something else?
Is there a post that deciphers all the acronyms used on silver stackers?
AG? AU? PM?
I have been in the collectables scene for many years, been online since conception, yet I've never heard of stacking,
we're all aware of coin collecting ect but precious metal collecting isn't really spoke of much in the main stream of collectables.
take the trading card hobby, basically it's made up of maybe 10% collectors and the rest are speculators, all speculating on the same
product, which has a limited collector market, it's extremely hard to break even, let alone make a profit, yet thousands of people keep at it,
even though history shows that 99% of cards lose their value once the true collectors have what they want, the rest stays on the market.
a large percentage of sports card collectors are merely gamblers, buying a box of footy cards is like buying a scratch lottery ticket, the chase is that elusive card that may be 1 in 50 boxes and sells for $800.
but this obviously only happens to 1 in 50 people busting a box.
anyway, silver bullion is relatively cheap, unlike cards silver has that intrinsic value, and like cards, silver coins have an exciting speculative element.
I am certain that if card collectors, and all types of collectors knew about the stacking culture, the affordability of an ounce of silver, and the examples of good numismatic premiums, the hobby of silver stacking would be huge!
in the past few days of reading like a billion words relating to silver stacking, I have a strong impression that the mints that produce the coins and bars are very keen to sell their silver, I can't help but think though, these guys know more about silver then most would, surely if silver was destined to raise significantly, they would hold onto their silver and produce coins when they get the best bang for their buck aswell.
back on collectors of everything else but gold and silver, How could this hobby infiltrate other hobby's to capture a bigger slice of the collectables market? this is after all the real deal, not a piece of paper with a footy player's face plasted on it, or a barbie doll.
There needs to be a bit more promotion, I see there are many you tube vids of people in the game talking up the possibilities of silver ect, but if your not looking for that, you never see it, so I think it may be time for the lower end of the silver industry to take it to the next level and on the forefront of every collectors mind.
The big boys don't convince the little boys 'cos we can't help but think the big boys have something more to gain.
if the collectables scene heard it first hand from the stackers, the average joe's that explain it all in simple terms,
over time I bet many collectors of things would become stackers, and I think the incentive for existing stackers is that's what may take
the value of silver to very high levels, not the fact that it aventually runs out, or the economy, but because the collecting/stacking market is so high.
and because collectors are just that, a decent percentage of them will go further with stacking and into numismatics, it all goes hand in hand i guess, more stackers reduces the availability of limited releases to numismatics who increase the premium chasing them.
