Cigar Asylum Cigar Forum Mobile
Page 1 of 2
1 2 >
General Discussion>Silver Stackers
bdgile 07:31 PM 02-25-2013
Any silver stackers, collectors, or investors around here besides me?
[Reply]
omowasu 08:31 PM 02-25-2013
Yep, absolutely, in all metals.
[Reply]
RWhisenand 09:06 PM 02-25-2013
What is a silver stacker? If you are investing in metals than yes.
[Reply]
bdgile 08:28 AM 02-26-2013
Originally Posted by omowasu:
Yep, absolutely, in all metals.
Haven't gotten into platinum or platinum yet... Have you had much luck?
[Reply]
mkarnold1 09:29 AM 02-26-2013
I've been thinking about buying some silver. I'm not quite sure where and what to buy. Do you invest in bars or coins?
[Reply]
elderboy02 10:07 AM 02-26-2013
Silver stacker checking in :-)
[Reply]
bdgile 10:20 AM 02-26-2013
Originally Posted by mkarnold1:
I've been thinking about buying some silver. I'm not quite sure where and what to buy. Do you invest in bars or coins?
I'm a big fan of bars only because I like to make larger purchases. I would recommend starting with coins like American silver eagles and Canadian maple leaves.
[Reply]
bdgile 10:21 AM 02-26-2013
Originally Posted by elderboy02:
Silver stacker checking in :-)
Good to hear brother. What do you like to stack?
[Reply]
elderboy02 10:26 AM 02-26-2013
Originally Posted by bdgile:
Good to hear brother. What do you like to stack?
A mixture of 1oz generic silver bars/rounds. I buy Silver Eagles here and there, but hate how you pay a premium on them. Generic stuff works for me. How about you?
[Reply]
bdgile 10:34 AM 02-26-2013
Originally Posted by elderboy02:
A mixture of 1oz generic silver bars/rounds. I buy Silver Eagles here and there, but hate how you pay a premium on them. Generic stuff works for me. How about you?
I started with a lot of generic 1ozs, moved to mostly eagles (had a dealer near me that only asked .50 over for them, now stick to mostly 10oz and 100oz name brand bars.
[Reply]
mkarnold1 10:46 AM 02-26-2013
Do you buy local or online? If online, where?
[Reply]
omowasu 10:48 AM 02-26-2013
Originally Posted by bdgile:
Haven't gotten into platinum or platinum yet... Have you had much luck?
Done very well in Palladium, bought in around 240/oz, its tripled since, and I still recommend palladium. Eventually China will need to start putting pollution controls on everything from cars to factories and Palladium will be needed in quantity. And there isn't much of it to start with.

Platinum is at a high point, and the noble metals are pretty interchangeable for pollution controls, so I wouldn't buy in to Platinum now.

Rhodium is historically very, very low at current prices and an excellent investment if you can get into a rhodium pool (rare), get rhodium sponge (rarer) or rhodium bars (rarest). They are harder to sell at their peak, however.

Of course, this is all simply opinion and not intended to be investment advice! :-)
[Reply]
elderboy02 11:03 AM 02-26-2013
Originally Posted by mkarnold1:
Do you buy local or online? If online, where?
The best online place is APMEX.com I also buy from ebay when I find a deal, but mostly from a local coin shop by my house and on the Equipment Exchange on AR15.com
[Reply]
DMK 11:21 AM 02-26-2013
Another stacker checking in. A mix of junk silver an pure rounds and bars.
[Reply]
omowasu 11:29 AM 02-26-2013
Originally Posted by mkarnold1:
Do you buy local or online? If online, where?
I occasionally sell with no premium, maybe Ill start asking here in case there are any interested parties. Never thought about posting about silver on a cigar forum!

I have purchased from APMEX before, they are recommended.
[Reply]
mkarnold1 12:12 PM 02-26-2013
Been looking at Apmex for a little bit. It looks like that is where I will start the silver journey. Thanks for the heads up guys!
[Reply]
bdgile 01:27 PM 02-26-2013
Originally Posted by elderboy02:
The best online place is APMEX.com
X2
[Reply]
Barcode 12:34 AM 02-27-2013
Just started about a month ago. I have a place by my house that charges Spot + 10%.
[Reply]
bdgile 09:32 AM 02-27-2013
Originally Posted by Barcode:
Just started about a month ago. I have a place by my house that charges Spot + 10%.
That's not bad depending on what your buying. Is that for 1oz coins?
[Reply]
elderboy02 09:43 AM 02-27-2013
I just bought one of these: http://www.silvertowne.com/p-19300-s...ilver-bar.aspx

I had to have it because I like the hand poured look.
[Reply]
Page 1 of 2
1 2 >
Up