Been stacking silver for a while, curious about others' strategies for growth vs. stability
- •Started with a modest 5,000 ounces, mostly American Silver Eagles and Canadian Maples, for diversification outside of the yellow metal.
- •Now, I'm sitting on around 20,000 ounces.
- •I manage a decent sized hedge fund here in CT, so I’m naturally always looking at the macro picture, supply/demand, industrial uses, etc.
I’ve been knee-deep in precious metals for about 15 years now, primarily gold, but over the last 5-7 years, I’ve been steadily building out my silver holdings. Started with a modest 5,000 ounces, mostly American Silver Eagles and Canadian Maples, for diversification outside of the yellow metal. Now, I'm sitting on around 20,000 ounces. My initial goal was really just long-term wealth preservation, given the economic rollercoaster of the past couple decades, but I'm starting to think about optimizing for growth a bit more seriously.
My general approach has been to DCA into physical 1oz coins, occasionally grabbing 10oz or even 100oz bars when I see a good premium, but always reputable mints. Most of it’s stored securely off-site, not in my safe deposit box at the Greenwich Bank & Trust, which is reserved for some of the more… irreplaceable items. I’ve probably put roughly $500k into silver over time, and honestly, the premiums feel like they’ve been all over the place lately, making me question if I should be more tactical. I’m wondering if I should be shifting some of that capital into PSLV for better liquidity and less premium hit, or if the physical aspect is always king for true wealth protection.
I manage a decent sized hedge fund here in CT, so I’m naturally always looking at the macro picture, supply/demand, industrial uses, etc. I believe silver's upside is significant, especially with the green energy push, but the volatility can be a beast. For those of you with substantial silver stacks, how do you balance the desire for growth with the need for stability? Are you actively trading premiums, or just accumulating and holding like I’ve been doing? Any specific types of silver (junk silver vs. pure bullion vs. semi-numismatics) that you find offer a better risk/reward profile for your goals?
Thinking of maybe adding some more fractional gold alongside any new silver buys to keep the overall portfolio weighted, but curious about the silver-only strategies others are employing.