Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🚨 SILVER! 🚨 - Top 5 SECRETS of Successful Silver STACKERS... (Gold Price Too)
Transcript
- 0:00You need to work with someone you can trust.
- 0:03That's the number one most critical factor you need to
- 0:07consider as a silver stacker. The reason why is that if you're
- 0:11getting fake metal, well, nothing else matters.
- 0:14When you convert your hard earned Fiat paper Unicorn fart
- 0:18dust money into real money silver, you need to make sure
- 0:24you're getting the real deal. And hey, there's examples that
- 0:28abound regarding people getting ripped off by buying fake
- 0:32silver. So make sure no matter who or
- 0:36where you're buying your silver, that it's someone or a company
- 0:39you can trust and that you are getting real metal.
- 0:43We're going to cover the five most critical factors, the five
- 0:47keys to successful silver stacking.
- 0:51We're going to do it right now. Thank you for being here.
- 0:54Top five. Hey, you're number one in my
- 0:57book when you join me here in the basement.
- 0:58Thank you for being here. Please subscribe to the channel,
- 1:01give the video a thumbs up. PayPal donation super chats are
- 1:04always super appreciated. Now let's dig into the other
- 1:07four critical factors. You don't want to make the
- 1:20critical error. You don't want to expose
- 1:23yourself to too much risk. So please, please, if you're
- 1:28going to stack silver, do it in a responsible way.
- 1:31Dollar cost average, Sure, you could buy it all at once.
- 1:35You could put all your money into silver.
- 1:38I don't give financial advice, but I would not recommend that.
- 1:42What I recommend are prudent, timely purchases, dollar cost
- 1:46averaging, maybe by a certain amount every month, every three
- 1:50months, every year. The reason why is the price of
- 1:54silver can fluctuate wildly. There's example after example
- 1:59where silver shot up to $50 per oz and then retreated back to
- 2:03what, 20? Even less than $20.00 an ounce?
- 2:07If you space your purchases out in a consistent, reliable
- 2:12manner, you don't have to worry about being that guy or gal who
- 2:16says every time I buy something that goes down in price every
- 2:20time. No, you don't really have to
- 2:21make a decision if you do it in a disciplined manner.
- 2:26Please consider supporting channel sponsor Pimbex Pi MB EX.
- 2:31They're an online bullion dealer.
- 2:33I've worked with them personally for over one year.
- 2:36It's a company that I know I can trust.
- 2:39From the overwhelmingly positive feedback I've received from the
- 2:43basement dweller community, I know it.
- 2:45It's a company that you can trust as well.
- 2:48I'll never tell you what to do. Do your own due diligence, but
- 2:51if you are going to buy some gold, silver, or platinum group
- 2:53metals, if you want really ultra competitive pricing, if you want
- 2:58a great selection and remember what we talked about at the
- 3:01beginning of this video, a company that you can trust
- 3:05investigate pinbacks. I think you'll be glad that you
- 3:09did. Now let's move on to point #3
- 3:13ounces are more important than anything.
- 3:16What I mean by that is the number of silver oz that you are
- 3:21able to accumulate. In my opinion, and in that of
- 3:24people who I know that have accumulated large amounts of
- 3:28silver, nothing beats the number of Oz that you can get.
- 3:33And that's why buying as close to spot price as you can is so
- 3:38important. Like we talked about with
- 3:40Pendbacks, you want to make sure that when you do buy silver,
- 3:44you're getting the most legitimate, high quality silver
- 3:48oz that you can get. For each one of those dollars
- 3:52that you're converting. There's all types of collectible
- 3:55products, numismatic coins, unique Darth Vader coins, and
- 4:00that's great if that's your thing.
- 4:02But if you're a serious silver stacker, buying your silver as
- 4:07close to the spot price as possible in the long run will
- 4:11allow you to accumulate the most number of Oz you're going to be
- 4:18in for a wild ride. And what I mean by that is
- 4:23silver can be a very volatile metal.
- 4:25Now I happen to believe that we'll see 50 sixty, $70.00
- 4:30silver in the future, but I also know that I could be dead wrong.
- 4:34You need to be prepared emotionally for the for the fact
- 4:38that silver price can move dramatically both to the upside
- 4:43and to the downside. And that ties back into what we
- 4:47talked about at the beginning. That's why you want to dollar
- 4:50cost average. You never know when there can be
- 4:53a wild swing to the upside or a wild swing to the downside.
- 4:57And if you're spacing your purchases out, it takes a lot of
- 5:01the emotion out of it short. None of us like be prepared.
- 5:05None of us like when the silver price gets clobbered.
- 5:08And while we all believe that the future looks very bright for
- 5:12silver, just be mentally prepared for some pretty crazy
- 5:16price swings. The final key that I think every
- 5:20successful silver stacker I know knows is we don't have to preach
- 5:25it to the world. Sure, I'm in my basement talking
- 5:27about silver every single day, but only people who want to
- 5:31learn about silver are coming here.
- 5:33You can drive yourself crazy trying to convince your family,
- 5:38your friends, because think about that.
- 5:40Those are the people you care about the most.
- 5:43So you want them to know the benefits of precious metals.
- 5:47You want them to know what's going on with our financial
- 5:51system. But you know what?
- 5:52Unless they want to know, you're just going to drive yourself up
- 5:57a wall. Trust me, I've driven myself up
- 6:00a few walls over the years. Keep it to yourself.
- 6:03They know that you love silver. They know that you have reasons
- 6:07why you do. And at some point in the future,
- 6:11right when the rest of the people wake up, they'll come to
- 6:14you asking. And at that point, that's the
- 6:17best environment in in into which we can spread the good
- 6:22news regarding precious metals. Hey, thank you for being here
- 6:25today. Thanks to Pembex for sponsoring
- 6:28this video, sponsoring the channel.
- 6:30Also, I want to say thank you to 1st Mining Gold.
- 6:34They're a Canadian gold developer with two multi million
- 6:37ounce projects in Canada, gold in the ground in Canada, and
- 6:42Fortuna Mining. They have gold and silver in the
- 6:46ground in Latin America and West Africa, but they're actually an
- 6:50active mining company right now of mining and generating gold
- 6:55and silver revenue. You can learn about all those
- 6:58companies at their respective websites, to which I will have a
- 7:00link in the description of this video.
- 7:02Most important, thank you for being here.
- 7:05Happy Stacking and I'll look forward to seeing you next time.