Stacking Starter Questions

Beginners Guide To Stacking Silver and Gold

Stacking starter questions? Say that 10x fast… So you are a beginner at stacking silver, or gold and have questions. When a person first realizes the potentials of owning precious metals the initial questions just create more questions.

A lot of questions.

Since my beginning in precious metals, I have made a few mistakes in stacking. I hope the following information provides you with some answers. The following are some questions you should ask as you begin to accumulate some silver and gold.

Why Are You Stacking?

As we go down the list of stacking starter questions the single most important ‘thing’ to do is establish your purpose for stacking. What is your reason why you want to stack? The answer to this question will set you on a trajectory as it influences many of the choices you will be faced with.

The reason you are stacking will impact your purchases, your storage, and a multitude of issues you have not even thought about yet.

Let’s explore why you want to stack, or why you are stacking.

Reasons For Stacking Silver and Gold

• Prepper: A person that has an internal voice shouting a warning about a possible collapse of the U.S. Dollar.
• Collector: A person that just likes things made out of silver. This person leans more towards collectible items that are cast in specific shapes.
• Coins: A person that likes to collect coins will invariably focus on items that are only issued at a nations national mint. This is called numismatics, or coin collecting.
• Investment: A person looking at precious metals stacking as something similar to the stock market. Just a way to make some ‘money’.

How Much Currency Do You Have To Use?

A new stacker should understand that Gold is for kings and silver is for the gentleman or as I call them… the peasants. Most people simply cannot afford to stack gold, although many people have some gold in their stack.

When a person begins stacking there is usually an initial purchase that is larger than the normal ‘things’ they might purchase. A great stacking starter question is how much do you want to start out with. This is because for most people acquiring silver and gold will be perpetual.

My first order freaked my wife out, which is a perfectly logical emotion knowing her history. She, like me, grew up believing that if a person worked hard, went to school, and got a good job everything would be peachy.

Not so much anymore huh?

How much money do you have to drop down on your initial purchase? You combine your initial purchase amount with the reason why you want to stack and your answers become apparent.

The silver to gold ratio (Rabbit Hole Detour) currently is so out of wack right now that silver is the better choice when looking at percentages.

Initial Purchase? Silver or Gold?

Unknowingly to most is how the history of money will be involved in the answer to your stacking starter questions. A BIG part in your decision to buy silver or gold, whether you realize it or not, is what your subconscious has learned about the precious metals. For much of human history gold has been used by kings and nations to maintain wealth. Over the ‘long-term’ Gold and silver have performed like a nuclear reactor of wealth. They just keep humming along. In all of human history, gold and silver hold the record for retaining value.

The ‘long term‘ for gold is about 6,000 years. Silver holds the record though for being used as money. It has been used as money longer than gold. The ‘long term‘ for the dollar being around is slightly over 107 years. As a stacker gets more involved they start to understand that silver and gold are money and the U.S. Dollar is not money. It is a currency with no value behind it at all. Other than the promise of the government to print more as needed. That is why the U.S. Dollar is considered a ‘fiat’ currency… which by pure definition has no value backing it up. (Rabbit Hole Detour)

One of the common questions that are asked by beginning stackers is should they buy gold or silver.

Storage and Movement Should Be Stacking Starter Questions

Metal is heavy to lift. Metal is heavy to move. metals are heavy to transport. Silver and gold are among the heaviest group of metals. (Rabbit Hole Detour)

Gold retains a much higher value in a smaller ‘package’ than silver. A pound of silver today would be about $385.00. A pound of gold would be about $28,788.80. The weight to dollar ratio is very important when you factor it into your purpose for stacking.

All precious metals are used in many different sizes. The most common reference point for the price is always in the ounce. Currently, an ounce of gold spot price is $1,799.30 while silver is $23.92.

Before You Buy, Know Your Intent To Sell

At the beginning of this article, we mentioned a need for establishing a goal for stacking. If you are a coin collector you expect to always have a store to sell it back to.

If you are stacking as an investment there are many online reputable dealers that will buy back your precious metals.

Many reputable precious metals dealers also allow you to store at their facility for a small fee.

Depending on your goals you really need to consider your endgame. If you are (like me) expecting the collapse of The U.S. Dollar (Rabit Hole Detour) I want to be able to hold it in my hands. I do not ever plan on ‘just’ selling it. This is a major difference between a prepper and an investor or collector or a silver enthusiast.

If the world economy collapsed tonight you would find yourself without a job. Your fiat currency will have no value. You will still need to eat and exist every day.

You would not want to buy a loaf of bread with gold. That would be foolish as there are really not any gold pieces that are divisible for these small everyday transactions. This is where silver would come into play.

You need to think about how you will be able to finally unload your precious metals from within the situation you are preparing for. You can use it to survive if the world goes to crap. If the world doesn’t go to crap you can always sell it for fiat. You can literally sell it anywhere in the world. Anywhere.

Plan Your Endgame, Look Over History

Before you buy your first ounce the stacking starter question you NEED to ask is what are the world events you are expecting? End of the world, or just want to stack because it is shiny. Maybe it is just the idea of a silver chess set? Gold holds more value than silver but silver retains the value needed for common everyday transactions. Gold has preserved wealth in all periods of history. Silver also has also preserved wealth but the difference really is just the amount of wealth the individual is trying to preserve. Wealth preservation is beyond trying to merely survive and the dollar amount of your wealth is an important consideration when you start asking stacking starter questions.

Many can’t preserve wealth in gold simply because they don’t have that wealth. Most citizens preserve their meager savings in silver because that is what they can afford. Yet others say even silver is beyond their grasp as they are struggling financially.

I personally feel foolish when I say I stack silver for ‘wealth preservation.’ Wealth is not what the common citizen can preserve. Stacking silver, for many, will be their one major facet of survival if the U.S.Dollar goes to shit!

What’s Your Reason For Wanting To Stack?

Regardless of your stacking starter questions, you most likely knew many of the answers deep down. You knew your core answers before you read the first word typed above.

You know your reason for stacking so now just go and get it done but make a plan and do not get emotional and do not go off lost somewhere. Establish your plan, start. It really is as easy to order as virtually anything online.