My Silver Stacking Journey and Strategy (and a nod to
- •Barbara White here, checking in from rainy Portland.
- •My journey with silver stacking has been super interesting, and I wanted to share a bit about my strategy and see what you all are doing!
- •I started really getting serious about silver about seven years ago.
Hey everyone! Barbara White here, checking in from rainy Portland. As some of you know, I spent a good chunk of my career in banking, and let me tell you, that experience really solidified my belief in diversifying assets – especially with precious metals. My journey with silver stacking has been super interesting, and I wanted to share a bit about my strategy and see what you all are doing!
I started really getting serious about silver about seven years ago. My initial thought was just to have some physical holdings as a hedge, but it quickly turned into a bit of a passion. At first, I was buying mostly 1 oz American Silver Eagles, just because they were so widely recognized. I probably accumulated about 500 of those before I started branching out. Lately, though, I've been focusing a lot more on 10 oz and even 100 oz bars. The premiums are generally lower, and for long-term holding, that makes a big difference. I even got a screaming deal on a 100 oz Valcambi bar last year when the spot price dipped – felt like hitting the jackpot!
My strategy now is to dollar-cost average. Every month, I set aside a specific amount, usually around $1,500, and I buy whatever form of silver offers the best value at that moment. I also keep a close eye on the gold/silver ratio. When silver seems undervalued compared to gold (like it has been recently), I tend to lean more heavily into silver purchases. And speaking of other metals, I've actually started dipping my toes into platinum for my IRA. It's a much smaller allocation, maybe about a 10th of my silver holdings, but the industrial demand and rarity are strong arguments for it, in my opinion. Anyone else incorporating platinum into their IRA? What's your take on its long-term potential?
So, tell me, what does your silver (or platinum!) stacking look like? Are you primarily focused on coins, rounds, or bars? Do you have a specific target weight you’re aiming for, or is it more of a continuous accumulation? I'm always keen to hear about different approaches and learn from this awesome community!