My Silver Stacking Journey: Focusing on the Shiny Ones!
- β’Okay, so I know this is the GoldCoins sub, but I wanted to share a bit about my silver stacking and why I'm leaning heavily into that right now.
- β’My husband and I run a pretty decent operation out here near Kansas City β lots of corn, beans, and cattle.
- β’Thatβs why we started looking at precious metals a few years back, and silver really caught my eye.
Okay, so I know this is the GoldCoins sub, but I wanted to share a bit about my silver stacking and why I'm leaning heavily into that right now. My husband and I run a pretty decent operation out here near Kansas City β lots of corn, beans, and cattle. After dealing with the ups and downs of commodity prices for decades, the idea of tangible wealth that isn't reliant on a good harvest or some far-off market just sings to me. Thatβs why we started looking at precious metals a few years back, and silver really caught my eye.
I started small, maybe three years ago, with just a few ASEs and some generics. My initial budget was only about $500 a month after bills and farm expenses were handled. Over time, as our harvests improved and we refinanced a couple of pieces of equipment, I bumped that up. I probably have about $30,000 in silver sitting in our safe now β a mix of Eagles, Canadian Maples, and a good chunk of 10oz and 100oz bars. My strategy has been pretty simple: buy every month, aim for the lowest premium per ounce, and just hold onto it. I donβt try to time the market; I just cost average as much as I can.
My reasoning for silver over gold for the bulk of my physical holdings is primarily accessibility and perceived utility in a more challenging economic climate. While I do have about $60,000 in my Gold IRA (which is fantastic, by the way, for diversification), for physical holdings that I could potentially use or trade more readily, silver just seems more practical. A 1oz silver coin is a much more manageable denomination if things really went south compared to a 1oz gold coin. It just feels like "the people's money," you know? Plus, the thought of owning a good chunk of silver feels more substantial at my current investment level compared to owning just a few gold coins.
Anyone else out there feel the same way about silver's role in their portfolio, even if they're also big on gold? Or am I just letting my "small-town farmer's wife" practicality get the better of me?