Yesterday before this rise in gold/silver I had the good fortune of some timing and picked up 4-100oz JM bars to beef up my stack a smidge. There is not many things in the world that someone can put in my hands and make me feel the same way that 100 ounce silver bar does. There's something about the weight,effort,the store of energy,the sweat off a man's brow that it took to put this 100oz of .999 silver in one nice package and into my hand. I have held many bars in my lifetime and the feeling never gets old. Silver is the absolute cheapest asset on the face of the earth. If one really takes the time to look into the corruption going on in the metals market it is an absolute no-brainer to buy silver and gold bullion with both hands until it hurts.....and then buy some more! Stackers who are diligent and always transitioning some of their fiat paper dollars into physical metals will be handsomely rewarded for their patience.
I also picked up a roll of 2017 kookaburras. While I have lots of different types of silver including junk silver, constitutional silver, silver bars, rounds, Govt Issued coins etc, I mainly try to stack the cheapest.999 bullion that I can find. The best way to catch a bull run and I think that's what we're all waiting for, is with weight and the absolute cheapest form of silver you could find. Government or state issued coins will still always have their value , but at this point I think it is smarter and more prudent to hold cheap silver and wait for a rise to $100 USD. I actually believe silver is going much higher than $100 USD and I believe gold is going much higher than $5000 USD! I think Bitcoin is going to be the catalyst that allows this to happen and unravels the gold cartels price suppressions game. The time to stack bullion is when no one is looking, believe me that's exactly what J.P. Morgan is doing.
People often ask me how much silver should I buy? I always start with....add up all of your net worth if you liquidated everything you own down to a toothbrush and one set of clothes. Take that number and divide by $400. The number that appears on your calculator is the amount of ounces of silver that I recommend you buy to protect your wealth in a complete dollar collapse scenario. No one ever should be using metals to invest and get rich, the main purpose of owning metals is to preserve your wealth. The paper un backed dollar will not protect all the sweat that has dripped off your brow, the calluses on your hands, the aches and pains in your joints. Gold and silver have always been valuable and they have never been worth zero, this is exactly why every human being needs to own some physical metals. The reason I use the number 400 is because that is what I believe silver will go to at a very bare-bones minimum, in a dollar collapse scenario. Once you have built your base to protect your net wealth no matter how large or small it might be, going forward it is prudent to keep adding to your stack and transitioning some of your effort out of paper dollars and into physical metal. If you stack diligently just a little at a time, you won't really even feel the money being gone from your life.
A fantastic way to add to your metals stack is to use bitcoin to purchase metals. Right now I do not recommend purchasing metals with Bitcoin because I think Cryptos move higher first and force metals to move up as well. I've said before, there is a time to buy and a time to hold and a time to sell every asset. If there becomes a day where you would like to take money out of the crypto coin market, it is wise to find a bullion dealer that will except bitcoin for payment. If you don't know where you can do this, please comment below and I will give you the website of my dealer. He is very trustable and myself, as well as several of my friends have done multiple transactions with him. He has never failed once to come through and his communication is excellent!
In closing, I want to encourage you all to not only hold crypto coins but also own physical metal! The two go hand-in-hand with each other and they are both good hedges for each other. I feel that any ounce of silver you get to buy under $20 USD is absolute theft. Any ounce of silver you get to buy under $30 USD is a garage sale bargain, and any ounce you get to buy under $40 is a very good deal. There is a lot of meat on the bone when metals finally go on a bull run, make sure you prepared and were smart enough to take advantage of what is inevitably going to happen all around the globe. Would you rather be 1000 days early or one day late for this epic metals run that will come someday soon? The time to start stacking is now while you can do it on the down low. Get in position and beat the bankers at their own game! Good luck stacking and remember.... TIGHT HANDS NEVER WEAKEN.......EVER.
Great post, as usual! I've been stacking for years, but I've really stepped it up in the last couple of months. Bitcoin's moonshot has really helped that out. That 400 oz bar really looked sweeeeet!
I can't quit buying it.....I mean when you think about miners, fuel, trucks, insurance, health benifits, high wages.....then send it to refinery with a whole additional set of employees.....then send it to the us mint with another set of the most expensive employees and machines.....the. Ship it AGAIN to a dealer......and by the time it gets in your hands it only cost $19.00???????? What? My friggin hat on my head cost more and it's made out of cotton!!!!!! Dumb not to load up on silver at these prices.
@Sirstacksalot love the name.
(1) your artwork and presentation,written skill is excellent sir....you have earned my respect.
(2) you have got good command.
(3) that artwork and article is awesome and very useful to us
(4) you have give to very good tips and tricks for emoney earners...
(5) Thank you so much sharing your valuble knowledge with us
I have become ur fan.
will be regular reader of ur blog.
I always appreciate your every posts..
Upvoted and resteemed...
Happy steeming...
Thanks...Wow...another nice post with creative artwork and valuble article from @broncnutz
Thanks Cuz! I am no professional writer but I do consider myself extremely knowledgeable about Cryptos, metals, the Broncos, baseball and Roofing. If I offer any "tips" on anything else, don't listen to me. π
@broncnutz I am glad your knowledgeable on roofing I may have some questions for you soon...............Love Silver like you do.
I been in the roofing business since 1990....i can help ya out if you need some advice.
Seriously man, what are you not into.
Lol....I do a few different things.
I live in Arizona and I will get in contact with you in a couple of weeks to get your thoughts. Thank you for the UP Vote, and Kindness.
I'm always respect and trust youe words,ideas, and analyses....
I'm awaiting your next valuble uptade in this platform...
Happy steeming...You are wel come my dear friend @broncnutz
People might not think it will rise , but I certainly do believe it will. And you're absolutely right , buy it at the low , keep it , and watch it rise , anything like this takes time , you can't expect to get rich over night . This investments are totally worth it . @broncnutz
Gold is still and always has been a Tier 1 class asset on bankers balance sheets. Governments don't want any of us to hold gold, bankers don't want us to hold gold.....this is also why they hate Bitcoin. If the markets crash and Bitcoin goes with them......then metals to the moon. If Bitcoin skyrockets from here.....no possible way the metals can stay where they are. To many investors will gobble up the physical markets at the BTC/Gold ratio. You win either way!!!!!!! Buy metal....no brainer.
It's a win win situation , I like what I'm getting into then , very well explained
Hi men, im from Venezuela,
This is me and my aunt many years ago, now the situation is worst, is insane, please check my profile, if something there like you please upvote me please, i need much help seriously, you are awesome, thanks a lot.
I rather lift monster boxes haha
I'd like to rob a casino all by myself for every chip they got......just once......and then buy the mint out of monster boxes for life. Oceans 1, staring The OG Broncnutz. Lololol.
We just need 10 more people, and call it the "The Silver 11" :) lol
Excellent writing @broncnutz π
Upvoted and resteemed..
Let me know what's your idea about Swiss gold global..? I would like to mine some btc with it..
Awsome post i like the calculation to see how much silver you should own! im stacking slow but steady only at about 1kg in small rounds and bars but its a start. im pettey new on steemit and enjoying finding likeminded people, saw you on hmsilvergold, followed ya please show me some love #30hof :)
You will get there, just stack it one gram at a time.
Great post..excellent..
Resteemed, followed and upvoted..
Thank you so much
(1) Yes it is high time to go on bullion, because since long it has been consolidating in a narrow range, so it is time to go for bull run.
(2) If you look at the silver, then i think a bull run is due since long, so lets start banking upon silver.
(5) Yes i also do agree that the one way bull run of bitcoin and crypto market is really making an otherwise passive pressure for bull run in bullion market too.
Nice blog, nice presentation, so i am getting stopped by your post everytime you float your post in steemit. Thank you so much @broncnutz sir.Execllent one from @broncnutz sir. (3) @broncnutz you have presented the very likely of crypto and bullion market scenario, so thanks for that .. (4) The way you poured up with confidence with bitcoin, really gives me a sense of understanding about bitcoin sir @broncnutz.
I like how you give me "bullet points" 1-2-3-4-5 is your reply. LMAOπ Just straight to the point and break it down! Good shit man...keep it coming.
I am glad that you like my way of commenting...its just like my morning cup of tea rowing through your blog, gives me enough pleasure and in fact we like your sir @broncnutz, so just keep steemiting..stay blissful. thank u very much
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What a good article
btc , will soon reach $4000 gold 2.0
Nice post. very educative. The only problem I see is that most of the people in so called western world are broke. Also in crypto community, there is just a small number of people who can afford to diversify. If you have only 10K it makes no difference where you put them. But again. If you give to a person 10K, 99% will blow them. We are trained that way.
Your so right man, but this is why I decided to write this blog. I hate writing truthfully but, I really like to help others kick the "man" right square in the balls and then jack his wallet for treating us like they do. That's what motivates me for some reason.
Silver is in good level to go for buying but i dont think taking buy position at this level in Bitcoin is a good idea(unless you plan to hold 10/20 years), if it gets down to 2400-2800 level, then we can take buy call, but the technical analysis of bitcoin is calling for a minor correction, but bullion market is ready there for a bull run but its getting cautious because its waiting for the releases from FED about rate hike, any dovish comment from FED is going to feed uprun in bullion market, but gold in last month is really very strong, suggesting more upsides. Thank @broncnutz to share such a nice post.
I think bitcoin will pull back really hard but I also think it goes 4+ before the pullback. Then I see crash to about 2300-2800 to build a new base. So we both agree mostly.
yeah....the level 2400 is in fact i am looking for to build upon my BTC saving.
Thank you for this insight about bitcoin, i think once its comes to 2300-2800 level, heavy buying pressure will be build up in bitcoin.
Can you recommend any trustworthy sites to buy some silver?
Www.sdbullion.com www.veldtgold.com www.jmbullion.com www.apmex.com www.providentmetals.com www.gainsvillecoins.com there are a few others but all these are trust worth and have competitive pricing.
Investing in metals is a great option to take into account, but the criptomonedas are also (but this is good for those who have less capital), but for those who already have good capital it is recommended to diversify into metals, one of the metals that Right now it does not have the value that should be in the "Silver"; It is said that a future is going to have more value since it is a great conductive of energy, and we are going to a technological future more and more :) @broncnutz
Bitcoin is a game changer for everything! Even metals. I haven't ever considered about holding gold or silver. But the way you talk about it, it makes me want to buy a lot of it. The future is not very bright for the dollar, so any kind of investment that is not on the dollar is a good investment. Thanks for opening my mind a bit more and changing my perception on gold and silver :)
You got it cuz! Thanks for reading.
I know VERY little about investing in actual metal. Where do you buy yours (not looking for an exact address lol). I mean just what kind of place.
I buy at www.veldtgold.com
If you talk to Joseph the owner on the phone, tell him I said hi.
Wow. You know the owner. You must do a lot of buying lol.
I do a lot of buying. For several years
Words of wisdom, my friend! Words of wisdom.
Thank for the post, I feel the same about gold and silver. Goldmoney was the first thing I looked into and still use today to get my gold. Crytpo's was next on my list and here I am with Steemit, Bitcoin and Ethereum. Thanks again.
man that big bar ( i can see the pain and sweat that went into that. personally I prefer divisible silver. give me 400 1 oz coins all day instead of a 400oz bar. great post, well thought out. keep them coming.
thank you sir!
one more thing. when you post about gold an silver consider also using the #steemsilvergold tag. that is where all the steemsilvergold members are hanging out.
I prefer using LBMA 400 oz gold bars to do my workouts.
At least we can set our goals high !!!
You trying to be Popeye???? That bar is a man maker right there.
Hah! I never thought of working out with silver bars. Maybe the ones I have aren't big enough. :-)
Well said i agree with everything and i also have a roll of the 2017 kooks and a 10oz what a coin the 10oz is.. bars of silver just don't work here in uk.
i guess location plays apart in stacking and what you can stack cheapest always gonna be the best if you holding for the big wave..until that comes ride the small ones..over and over
Definitely sparked an interest in me, but i have questions.
How do i know its real? Is this a good first buy ebay breakaway silver cambibar
How is under 20$/oz theft if the spot price is aprox 17$? Or are you saying that cause its most likely crap?
And where do you suggest buying?
Thanks for any help/advice
It's theft because the price should be way higher in relation to how many dollars are printed. There are several places on the internet to buy, I listed some in one of the reply here that a trustworthy
I goycha and thanks, im looking into some bullion made by elemetal, usa minted and refined and they have the periodic sign of silver lol
I've been buying a few bits of gold and silver recently.
I think having a stash of gold and silver is pretty awesome to look at, and honestly, everyone else (including you) likes to stare at shiny gold coins and silver bars. People have loved gold and silver since the dawn of time.
The other reason I like buying these shiny metals is that it's a store of wealth that you personally own. It's sometimes hard to comprehend but, for the majority of people, they have NO physical wealth.
Great Post! :)That is one beautiful chunk of silver you have there @broncnutz
damm that's preciously heavy ;D
The big block weighs about 80 lbs I think
Great post, as usual! The future is not very bright for the dollar, so any kind of investment that is not on the dollar is a good investment. Thanks for opening my mind a bit more and changing my perception on gold and silver :)
It's a good hedge for Cryptos
They look really shiny and gorgeous pal. Hopefully I'll have my own.
Agree with you. We are now become crazy with Crypto things. We feel it real, but actually GOLD, SILVER, PLATINUM... those things are the REAL. Yeah we don't know the future with Crypto and what will happen next. But if we think about real materials (metals) GOLD, SILVER, PLATINUM are at the top of the list and remain always too.
Whatever you said here is practical and it is a good opinion to all of us. If we could spend (atleast) 25% of our income of crypto in real metals that might be a worthy investment.
Coz, new crypto can be here, new valuable coins can be here, but at the end silver, gold & platinum will remain as it is.
Really useful opinion and respect your thinking as well.@broncnutz,
Thanks and Looking for your next valuable article too~
click here! This post has received a 100% upvote from @melowd. Thank You for sharing @broncnutz. For more information,
Great post as aways :D
Upvoted and resteemed!
good
That big chunk of silver is sick. I could hide it beside my weights and no one would even recognize it was worth something.
It weighs about 80 lbs.
That is crazy.
Many good points here. I have been collecting silver for years but haven't bought any gold yet
thank you so much for this another great post:)
thank you for sharing
Excellent post. very educative!!! ...............@broncnutz
Wow.... The silver bar is so big happy to see it..... Congratulations @broncnutz wish you get more silver for stacking.... love your posts.... Thank you.... @supriya1993
I'm just curious... how much would you say that huge block you're holding in the picture is worth???
Around 17k
Jesus!!!!
Yes I give all glory to Jesus himself. He put the info in front of me at 10.00 BTC to have the opportunity to purchase this 1000 oz bar. #jesus
having a bar like that is my ultimate silver goal! Beast! :)
nice post sir, amazing
Support me and enter here https://steemit.com/help/@gr3g0r/hi-i-m-from-venezuela your collaboration is important