Just hit 1000 oz of silver bars! What a journey.
- •Thought I'd share a quick update on my silver stacking.
- •Just crossed the 1000 oz mark with those beautiful 10oz APMEX bars.
- •Been a steady climb, mostly picking up 10s and 100s here and there over the last, oh, seven or eight years?
Thought I'd share a quick update on my silver stacking. Just crossed the 1000 oz mark with those beautiful 10oz APMEX bars. Been a steady climb, mostly picking up 10s and 100s here and there over the last, oh, seven or eight years? It’s not quite as much fun as when I was first starting out and every brick felt like a huge win, but hitting those milestones is still incredibly satisfying. My gold holdings are certainly the lion’s share of my precious metals portfolio, closer to $700k in the IRA right now, but silver always felt like a more tangible, accessible way to hold true wealth.
My strategy for silver has always been pretty straightforward: buy on dips, average down, and hold for the long haul. I'm looking at this as a generational wealth transfer, something my grandkids will hopefully benefit from significantly. I’ve seen enough economic cycles in my 40+ years in the energy sector down here in Houston to know that you can’t trust paper, not entirely. physical assets are where it's at. Plus, it's just plain cool to hold something so dense and historical. I remember when I first started, I was picking up generic rounds for a few bucks over spot, now those same rounds are worth a good bit more. Takes a lot longer to move the needle when you’re talking hundreds of thousands though!
I’m mostly sticking to standard bars these days – 10oz and 100oz. Less premium, easier to track. I used to dabble in some of the more artistic pours and coins, but realized quickly that the premiums eat into your actual metal value if you're not careful. For me, it's about ounces, not numismatic value. What are y'all thinking about silver's trajectory right now? With all the talk of green energy and industrial demand, I can’t help but feel like we’re on the cusp of something big. Or is that just the hopeful stacker in me?