How I’m stacking silver in this crazy market – thoughts?
- •So, I’ve been heavily into silver for the past few years, ever since the pandemic really showed me how fragile some of our financial systems are.
- •As someone who’s spent my whole life in agriculture here in Fresno, I've always believed in tangible assets, things you can hold and work with.
- •Dollars just feel… notional.
So, I’ve been heavily into silver for the past few years, ever since the pandemic really showed me how fragile some of our financial systems are. As someone who’s spent my whole life in agriculture here in Fresno, I've always believed in tangible assets, things you can hold and work with. Dollars just feel… notional. Anyway, my Gold IRA allocation is pretty solid, but I’ve been diverting some new capital towards silver as a nice diversification play, especially with the inflation we've seen. My current silver stack, outside of my IRA, is sitting around $30k now, which is a good chunk of change for me.
My strategy has been pretty simple: buy what I can afford every month. I usually aim for a mix of 1 oz American Silver Eagles and some 10 oz Scottsdale Stacker bars. I try to hold off buying if the spot price is having a massive upward surge, waiting for those dips. I’m thinking long-term, like 10-15 years out, possibly even passing some of this down to my kids when they're older. It feels like a solid, tangible way to preserve wealth when everything else feels so volatile. Gold is great, but silver just feels like it has more upside potential given its industrial uses.
I know some people here are all about fractional gold and others only stack 100oz bars, but for my portfolio size and goals, this balance feels right. I’m thinking about adding some PSLV to my brokerage account to get some exposure without the storage headaches, but I’m still on the fence about physical vs. ETF for silver. There’s something comforting about having the actual metal in hand, you know?
Anyone else here focusing heavily on silver right now? What are your thoughts on premium vs. spot? And for those of you who’ve been stacking longer than me, any regrets or things you’d do differently with a $30k stack?