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.