Stacking silver
#8101783
03/17/24 02:29 PM
03/17/24 02:29 PM
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Joined: Mar 2013
Fredonia, PA.
Finster
OP
trapper
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OP
trapper
Joined: Mar 2013
Fredonia, PA.
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I'm about to pay off the house. After that, I'm going to start stacking some silver. Can anyone recommend a good seller online? Some company that is pretty close to spot usually?
I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
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Re: Stacking silver
[Re: Finster]
#8101805
03/17/24 02:57 PM
03/17/24 02:57 PM
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Joined: Mar 2023
WI
WI Outdoors
trapper
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trapper
Joined: Mar 2023
WI
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I'm about to pay off the house. After that, I'm going to start stacking some silver. Can anyone recommend a good seller online? Some company that is pretty close to spot usually? JM Bullion has a starter pack. You get 10 oz at spot.
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Re: Stacking silver
[Re: Finster]
#8101809
03/17/24 02:59 PM
03/17/24 02:59 PM
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Joined: Feb 2008
WI
BvrRetriever
trapper
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trapper
Joined: Feb 2008
WI
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You will be hard pressed to find an online company selling close to spot. Part of the problem with buying physical silver is that you get charged sales tax. Right off the bat you will need it to go up by that percentage just to get back to your starting point.
It’s fun to have a little bit of silver for an all out Armageddon situation but it really isn’t the best investment. Even in an Armageddon situation, lead will trump silver every time.
Last edited by BvrRetriever; 03/17/24 03:02 PM.
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Re: Stacking silver
[Re: Finster]
#8101819
03/17/24 03:09 PM
03/17/24 03:09 PM
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Joined: Nov 2007
St. Cloud, MN
trapperkeck
trapper
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trapper
Joined: Nov 2007
St. Cloud, MN
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I know a guy who has 2, 55 gallon barrels of lead, but I don't think he wants to part with it just yet.
"The voice of reason!"
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Re: Stacking silver
[Re: Finster]
#8101823
03/17/24 03:16 PM
03/17/24 03:16 PM
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Joined: Feb 2016
Kentucky
ky_coyote_hunter
trapper
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trapper
Joined: Feb 2016
Kentucky
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Precious metals have little appeal to me...People think it will ensure their security, but it won't.
It will get you down the road a little farther than cash, but if things get really bad what can you trade it for?...Food, ammo, alcohol, cigarrettes, household goods, etc. will be the barter items, and a hunk of metal will be a pretty paper weight, IMO.
Member - FTA
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Re: Stacking silver
[Re: Finster]
#8101826
03/17/24 03:18 PM
03/17/24 03:18 PM
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Joined: Sep 2020
Pennsylvania
patrapperbuster
trapper
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trapper
Joined: Sep 2020
Pennsylvania
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If you buy silver or gold always have it physically in your possession. Never buy it where a company or institution stores it for you. Always physical, never digital on paper
You can check coin shops for prices. Always BULLION in ozs or pounds. Don't OVERPAY with pictures or scenes on rounds, etc. Just pay straight bullion prices. Think resale
TILL THAT DAY.....
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Re: Stacking silver
[Re: ky_coyote_hunter]
#8101832
03/17/24 03:29 PM
03/17/24 03:29 PM
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Joined: Jan 2008
49th State
mad_mike
trapper
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trapper
Joined: Jan 2008
49th State
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Precious metals have little appeal to me...People think it will ensure their security, but it won't.
It will get you down the road a little farther than cash, but if things get really bad what can you trade it for?...Food, ammo, alcohol, cigarrettes, household goods, etc. will be the barter items, and a hunk of metal will be a pretty paper weight, IMO. That is my thought on precious metals. If the SHTF what are you going to do with it? Shave a bit off to buy a potato?
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Re: Stacking silver
[Re: mad_mike]
#8101835
03/17/24 03:32 PM
03/17/24 03:32 PM
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Joined: Apr 2009
South Ga - Almost Florida
Swamp Wolf
trapper
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trapper
Joined: Apr 2009
South Ga - Almost Florida
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Precious metals have little appeal to me...People think it will ensure their security, but it won't.
It will get you down the road a little farther than cash, but if things get really bad what can you trade it for?...Food, ammo, alcohol, cigarrettes, household goods, etc. will be the barter items, and a hunk of metal will be a pretty paper weight, IMO. That is my thought on precious metals. If the SHTF what are you going to do with it? Shave a bit off to buy a potato? This^^^^yep!
Thank God For Your Blessings! Never Half-Arse Anything!
Resource Protection Service
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Re: Stacking silver
[Re: Finster]
#8101879
03/17/24 04:37 PM
03/17/24 04:37 PM
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Joined: Nov 2023
Lake Mille Lacs , MN
2poor
trapper
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trapper
Joined: Nov 2023
Lake Mille Lacs , MN
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I use JM Bullion. Always had good luck and fast delivery.
It’s a smart way to hedge inflation. Plus I find the jingle quite pleasing over the shuffle of paper stocks .
It’s a lazy man who can’t find his wife a second job !
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Re: Stacking silver
[Re: Finster]
#8101895
03/17/24 04:54 PM
03/17/24 04:54 PM
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Joined: Feb 2020
Indiana
Providence Farm
trapper
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trapper
Joined: Feb 2020
Indiana
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I have a small amount of one oz coins. Picked them up sometime ago at a coin shop. Silver had been nearly 50$ an oz and has dropped to low 20s . I think I was about $25 an oz walking out the door. Honestly I can't remember. I have looked and thought about buying more from on line places but don't think that it's a great useful long term investment so haven't. For example ammo had gone up over 100% primers over 400% in the same time frame. But I would be lucky to get my money back on my silver now I'm guessing. Ammo and primers will be in higher demand in a bad situation I expect.
But it's always good to have options. So some silver I have.
Last edited by Providence Farm; 03/17/24 04:54 PM.
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