Thinking about stacking more silver coins with all this

Joshua Phillips

Back to forum

🥈 Silver Coins

Thinking about stacking more silver coins with all this

joshua_phillips🏆Advanced (250-500k)

about 2 months ago

Key Takeaways

•Lurking on here for a while, figured I'd finally jump in.
•It’s what initially drew me to gold and silver for my retirement savings.
•My portfolio's sitting around $350k right now, and roughly 15% of that is physical precious metals held in a qualified depository.

The 3-step rollover process explained

Lurking on here for a while, figured I'd finally jump in. With everyone and their grandmother talking recession these days, it's got me seriously considering upping my silver coin game, specifically American Eagles and Canadian Maples. I've already got a decent chunk of my Gold IRA allocation in bullion, mostly those 1oz Eagles and some Krugerrands – pretty happy with how that's panned out over the last few years, especially watching some of the shenanigans in the market.

My background's in steel here in Birmingham, so I've seen firsthand how commodities move and the kind of protection they can offer when the economy gets rocky. It’s what initially drew me to gold and silver for my retirement savings. My portfolio's sitting around $350k right now, and roughly 15% of that is physical precious metals held in a qualified depository. I'm just trying to figure out if adding more silver coins is the right move right now for true recession-proofing, or if I should just stick to pure gold ounces.

I like the idea of silver coins for their smaller denominations and potentially easier liquidity if I ever needed to pull some out, though obviously, that's not the primary goal of holding them in an IRA. But with prices where they are, and the industrial demand for silver, it feels like there's a strong floor. Anyone else feel like silver coins offer a better hedge against inflation/recession right now compared to just buying more gold? Are you guys prioritizing coins or larger bars?

Just trying to make sense of the best plays for preserving wealth and potentially seeing some growth if things really go south. Appreciate any insights from you seasoned stackers.

206

4 comments

The retirement loophole most advisors won't mention

You can move your 401(k) into physical gold — tax-free. Here's the step-by-step guide.

Under $100k? Compare options →

655 people viewed this today86 members requested a free kit this week129 investors bookmarked this

Best Answer▲ 10 upvotes

andrew_roberts👑Elite (1m-5m)

Totally get the feeling! Recessions always make people think about tangible assets. Since you're looking at upping your silver, have you considered checking out the different mints' premium options? Sometimes you can find some really beautiful proofs or special editions that might hold their value a bit better in the long run, beyond just the spot price. Worth a look!

Comments (4)

thomas_walker🏆Advanced (250-500k)Real Investor✓ Verified•about 2 months ago

Totally feel this! I've been eyeing more silver myself. My Gold IRA is solid, but I've been adding to my physical silver stack outside of it, especially those Maples. Feels like a smart move with all the uncertainty.

james_wilson👑Elite (1m-5m)Real Investor✓ Verified•about 2 months ago

Interesting thought process, especially with the current economic climate. When you say "decent chunk of my Gold IRA allocation in bul" – were you referring to bars or specific types of gold coins?

laura_sanchez💰Established (100-250k)Real Investor✓ Verified•about 2 months ago

Hey, I hear you on the recession fears, but focusing *only* on silver for that might be a bit shortsighted. While silver definitely has its place, if you're talking about a significant portfolio move, have you really dug into the historical performance differences between gold and silver during downturns? Gold tends to be the more stable store of value when things get really bad, whereas silver can be more volatile due to its industrial demand component. Just something to consider before going all-in on silver coins.