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    My silver stacking journey and strategy to get to 10k oz

    B
    brian_edwards🌟Ultra (5m+)
    about 1 month ago
    Key Takeaways
    • Thought I'd share a bit about my silver journey and strategic approach to get to a pretty significant stack.
    • My first serious silver purchases were back in 2011-2012 when everyone was screaming about gold hitting $2k and silver going to $50.
    • I bought a bunch at those higher prices and then watched it tank.
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    Thought I'd share a bit about my silver journey and strategic approach to get to a pretty significant stack. I've been in real estate development for 25+ years, primarily high-end residential in the Aspen area, and it’s been a crazy ride, especially the last five years. I’m sitting on a portfolio north of $5 million, and a decent chunk of that is in physical precious metals, primarily gold, but I’ve been building my silver holdings more aggressively lately.

    My first serious silver purchases were back in 2011-2012 when everyone was screaming about gold hitting $2k and silver going to $50. I bought a bunch at those higher prices and then watched it tank. Hurt like a son of a gun. Honestly, I walked away from it for a few years, just letting it sit. But then, about five years ago, I started looking at the macroeconomic picture again. The Fed's printing presses going brrr, inflation becoming undeniable, and the general instability globally… it just felt right to get back in. My initial strategy was just to buy whatever I could get locally at decent premiums, usually 1oz Buffalo rounds from a coin shop in Denver when I was down there for meetings.

    Now, my strategy is much more focused. I’m targeting 10,000 ounces of physical silver. Currently sitting at just over 7,000. I’m not chasing every dip, but I'm looking for premiums under $3 over spot for 100oz bars and under $4 for 10oz bars or tubes of American Silver Eagles. The premiums on Eagles have been ridiculous lately, so I've mostly stuck to generic bars. I use a handful of online dealers, and still hit up my local guy if he gets a good bulk deal. I’m aiming to get to that 10k oz mark within the next 18-24 months, funneling about $50k-$75k a year into it, depending on other investments and real estate projects. My rationale is simple: hard money, tangible assets, and a hedge against the fiat fantasy. Plus, my wife likes the shiny stuff, which helps with the spousal buy-in.

    What are your thoughts on current premiums, especially for Eagles? Anyone else feel like buying Eagles right now is just lighting money on fire with those astronomical premiums?

    210
    15 comments

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    Best Answer▲ 17 upvotes
    R
    richard_garcia👑Elite (1m-5m)
    Interesting read, OP. While I appreciate the dedication to reaching 10k oz of silver, my own experience diversifying my IRA here in Houston over the last decade has led me to a slightly different conclusion. I've found that silver, while certainly having its place, hasn't quite delivered the same alpha or stability as gold relative to its volatility in a portfolio looking for long-term wealth preservation. I started with a heavier silver allocation myself, but after seeing the price swings and the storage logistics for significant quantities, I rebalanced. It's not to say silver is bad, just that my sweet spot has been closer to an 80/20 gold-to-silver ratio for my physical holdings within my overall asset allocation.

    Comments (15)

    3
    janet_cook📊Growing (50-100k)about 1 month ago

    Aspen, huh? That's definitely a high-end market. I'm curious, how much of your real estate portfolio do you plan to transfer to silver? Are we talking a significant chunk or more of a small percentage diversification?

    8
    maria_campbell📊Growing (50-100k)✓ Verifiedabout 1 month ago

    Honestly, while 10k oz of silver is an impressive goal, I gotta wonder if that's the *most* efficient use of capital for someone with your real estate background. You're clearly good at leveraging assets. Have you considered diversifying into something like income-producing properties that could also hedge against inflation, maybe even using some silver gains to fuel that? Just a thought, seeing as you've already got that expertise.

    7
    charles_lewis💎Premium (500k-1m)Real Investorabout 1 month ago

    Dude, 10k oz is an epic goal! Love hearing about your journey. I'm nowhere near that, but I started my own stacking after seeing some crazy inflation numbers a few years back. Not quite real estate money, but every ounce feels like a win. Good luck hitting that target!

    9
    margaret_chen🏆Advanced (250-500k)Real Investorabout 1 month ago

    Super interesting to hear how your real estate background ties into your stacking strategy! It makes a lot of sense to diversify when you've got significant assets in one area. If you're looking for another angle to optimize, you might consider how to best store and insure such a substantial silver stack. There are some great resources out there on secure, allocated storage options beyond just the home safe, especially as you approach that 10k oz mark. Good luck with the rest of your journey!

    8
    susan_clark💰Established (100-250k)Real Investorabout 1 month ago

    Dude, I can totally relate to the real estate connection! I'm in commercial RE in Phoenix, and while it's a different market, the last few years have been wild for sure. I've been funneling a good chunk of my gains into PMs too, though I'm more focused on gold. But seeing your silver strategy makes me wonder if I should diversify a bit more into the white stuff. Might be a good hedge against, well, everything else.

    17
    richard_garcia👑Elite (1m-5m)Real Investorabout 1 month ago

    Interesting read, OP. While I appreciate the dedication to reaching 10k oz of silver, my own experience diversifying my IRA here in Houston over the last decade has led me to a slightly different conclusion. I've found that silver, while certainly having its place, hasn't quite delivered the same alpha or stability as gold relative to its volatility in a portfolio looking for long-term wealth preservation. I started with a heavier silver allocation myself, but after seeing the price swings and the storage logistics for significant quantities, I rebalanced. It's not to say silver is *bad*, just that my sweet spot has been closer to an 80/20 gold-to-silver ratio for my physical holdings within my overall asset allocation.

    10
    elizabeth_johnson💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    Man, 10k oz of silver, that's a serious goal. Reminds me of my initial gold allocation in my Gold IRA back in 2018. I started with roughly 100k going predominantly into American Gold Eagles. My advisor at the time, God bless him, kept nudging me to diversify into some silver, but I was so fixated on gold’s historical stability. Eventually, after seeing the demand for industrial silver, I earmarked about 20% of my new contributions for silver, mostly 100oz bars, which felt substantial enough. Now, sitting here in Atlanta, watching the economic winds shift, I'm glad I did. Wishing you the best on that 10k oz — definitely a worthwhile target.

    7
    joyce_cooper📊Growing (50-100k)✓ Verifiedabout 1 month ago

    Okay, 10k oz of silver, that's a serious goal. Reminds me of when I first started looking at precious metals, though my focus was always gold. I’m actually based out of Little Rock, and back in 2018, after my mother passed, I inherited a decent chunk of change. My dad, bless his heart, had always been a "cash under the mattress" guy, scarred by the '70s inflation, and it made me really think about preserving what I had, not just letting it sit. That's when I found out about Gold IRAs. I remember feeling so overwhelmed by all the options, the fees, the storage, almost lost faith entirely until I stumbled on some really straightforward advice that finally clicked.

    9
    gary_stewart📊Growing (50-100k)about 1 month ago

    Seriously impressive how you're tracking that. I'm just getting into the precious metals in my IRA, mostly gold, but a lot of friends are pushing silver hard. What's the biggest upside you see with silver over gold for a newbie like me trying to get his feet wet? I'm sitting on about 75k in my self-directed IRA right now and trying to figure out the right allocation.

    2
    charles_lewis💎Premium (500k-1m)Real Investorabout 1 month ago

    While 10k ounces of silver sounds impressive on paper, I've personally found that the logistics of storing that much physical metal become a real headache, especially considering silver's bulk. My focus has been more on gold for its higher value density and ease of secure storage, even if the per-ounce cost is significantly higher. I've always viewed silver more as industrial metal with a speculative investment upside, rather than a primary store of wealth like gold.

    8
    joshua_phillips🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    That's a solid goal, and good on you for setting a target! I'm doing something similar with my Gold IRA, aiming for a nice chunk by the time I'm ready to really scale back work. For anyone feeling like the stock market is still the only game in town, or even if you're just weighing your options, the Gold vs Stocks 10-year comparison really puts things in perspective. I was initially pretty doubtful about diversifying beyond equities, but seeing that data laid out, especially over a decade, helped me understand the long-term protection gold offers.

    12
    david_brown💎Premium (500k-1m)Real Investorabout 1 month ago

    That's an ambitious goal, good on you for setting it. My silver holdings are a lot more modest, mostly as a hedge rather than an aggressive stack, but I definitely see the appeal of the 10k oz mark. Especially with the current industrial demand, I think silver's got some serious undervalued potential compared to gold. Just be mindful of liquidity if you ever need to offload a big chunk quickly.

    6
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    Reading about your journey to 10k oz of silver, it really takes me back. I started my own physical silver stack almost 15 years ago, well before I even knew a Gold IRA was a thing. I was probably 25, working my first "real" job here in Portland, and got caught up in the whole financial crisis panic. Instead of blowing my spare cash on craft beer and Voodoo Doughnuts every weekend, I started hitting up a local coin shop down on SE 12th. I wasn't buying huge bars, just a few 1oz rounds every payday, sometimes a 5oz if I had a particularly good week. I probably accumulated about 500-600 ounces that way over a couple of years, all tucked away in a safe deposit box. It felt like real wealth, something tangible, which was a huge comfort during such an uncertain time. That foundation definitely played a part in my later decision to diversify into a Gold IRA when the opportunity arose.

    4
    robert_thompson💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    @Elizabeth Johnson, that's a solid starting point for sure. 2018 was a decent entry, though we've seen some wild swings since then. My own Gold IRA journey started a bit earlier, around 2015, here from Phoenix. I went a similar route with Eagles, but diversified into some Canadian Maples and even a few 1oz PAMP Fortuna bars after a few years. It’s all about protecting that purchasing power long-term, especially with what the Fed's been doing.

    9
    linda_taylor📊Growing (50-100k)✓ Verifiedabout 1 month ago

    This post really brought back some memories. I’m in Seattle, and my journey with precious metals started after the ’08 crash. My dad, bless his heart, lost a chunk of his retirement, and it lit a fire under me. I was deep into tech stocks at the time – riding that wave up, oblivious to how fast it could come down. He kept saying, “Son, paper money is just that, paper. Gold, silver…that’s real wealth.” I shrugged it off for years. Then 2008 hit. My portfolio didn’t get decimated like his, but it took a significant hit. The recovery felt agonizingly slow. That’s when my dad’s words started to echo. I began researching, quietly at first, mostly just reading financial news and some niche forums – not nearly as helpful as the tools here on GIRAB, frankly. I started small, just a few American Silver Eagles here and there, mostly to *understand* the process. My first big move was converting a portion of my traditional IRA to a Gold IRA in 2012. I remember the anxiety, the phone calls with the custodian, double-checking every fee. It was

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