Finally seeing some real gains from my silver, feels good man

Patricia Miller

Back to forum

🥈 Silver Coins

Finally seeing some real gains from my silver, feels good man

patricia_miller📊Growing (50-100k)

about 2 months ago

Key Takeaways

•Thought it was a good diversification play.
•My initial thought was basically, "worst case, it's pretty metal." I wasn't expecting fireworks.
•For a while there, it kind of just...

Get the free Gold IRA guide

Honestly didn't think I'd be posting this anytime soon, but after a few years of slowly stacking silver coins in my IRA, I'm actually feeling pretty good about it. I started back in late 2021, right when everyone was still going a bit crazy with inflation fears and the market felt like it was doing daily acrobatics. I dumped about $50k from a particularly good quarter with my Denver biz into a Gold IRA, but specifically opted for a decent chunk of silver coins after talking to my advisor. Thought it was a good diversification play.

My initial thought was basically, "worst case, it's pretty metal." I wasn't expecting fireworks. For a while there, it kind of just... sat. I even felt a little antsy watching my stocks do their thing while my silver stack just chugged along. But lately? Man, the last few months have been a different story. I pulled up my statement last week and nearly spilled my coffee. My silver portion is up a solid 18% since I started. Eighteen percent! For something I considered a "safe haven" and not a growth driver, that's wild.

It's not life-changing money yet, but seeing a ~9k gain on that silver portion feels incredibly validating. It's especially nice given the general uncertainty still out there. Knowing I have that tangible asset performing well, decoupled from the wild swings of the broader market, gives me a lot of peace of mind as a small business owner. It's a nice feeling to see a plan, even a conservative one, actually pay off.

Anyone else in a similar boat with their silver coins? Or are you seeing even bigger gains? Curious to hear if my experience is typical or if I just got lucky with my entry point. What are your longer-term expectations for silver?

180

6 comments

Considering a Gold IRA for your retirement?

Get a free info kit from a top-rated company — trusted by thousands of investors.

Under $100k? Compare options →

595 people viewed this today79 members requested a free kit this week118 investors bookmarked this

Best Answer▲ 14 upvotes

michelle_collins🏆Advanced (250-500k)

This mirrors what I've been seeing too. The macro environment right now is making a strong case for physical metals.

Comments (6)

sharon_evans💰Established (100-250k)Real Investor•about 2 months ago

Totally get this feeling! I started with some gold a little before you, around mid-2021, and for a while it felt like I was just holding onto a very shiny, expensive paperweight. But man, seeing that chart tick upwards lately has been a real mood booster. Congrats on the gains, dude!

sharon_evans💰Established (100-250k)Real Investor•about 2 months ago

Nice! Always good to hear about people seeing their investments pay off. When you say "slowly stacking silver coins," were you buying specific types or just whatever was available at a good price?

donna_rogers🏆Advanced (250-500k)Real Investor•about 2 months ago

That's awesome you're seeing some movement, man! Always good when the portfolio cooperates. But honestly, the "gains" on silver in an IRA often feel like a bit of a trick, don't they? Like you're really just breaking even from the dealer premiums, especially on coins. Curious what you're counting as "real gains" here after all the markups. Not knocking it, just a thought!