There are countless opinions as to what will occur during a market collapse. I think that any one's guess is as good as any because anything can happen when the market collapses.

In my mind, the logical and sensible preparation for a catastrophic collapse is having sufficient fiat on hand and a substantial stack of precious metals, silver, gold, and platinum. I personally believe that this is the best strategy.

Very early on in my stacking, I discovered the paradox of precious metal stacking: Buy to Save

I love to spend money, and it was easy to transition from buying stuff to buying silver and gold. The more I buy and spend on silver and gold, the more I save!

I placed myself on a silver and gold standard, and that is: I match the money I spend on silver & gold with fiat currency savings.

It is unbelievable that I could save on a tiny budget. I am so amazed because I had zero fiat currency savings before I started stacking.

This system really works for me! It requires discipline and patience and buying precious metals only on a cash basis.

Those who buy precious metals are often called “stackers” because they stack bullion in various forms such as coins, bars, and rounds.

Stackers usually try to pay the lowest premium over the spot metal value of the bullion they are purchasing.

The goal is to acquire as much precious metal as they can afford to, or as much as they feel they should own as part of their overall financial goals.

For sure, I AM A STACKER!

On the other hand, I am interested in the coins themselves, especially in their designs and the history behind them. In me is some degree of overlap between a bullion stacker and a coin collector. And that is especially because many bullion coins are now widely collected as numismatic items.

Coin collectors also care about how much precious metal they own. They often have several interests related to coins, medals, and similar objects.

They may also invest in precious metals bullion bars and coins in addition to working on various coin series.

I started out as a bullion buyer. As I acquired more silver and gold, I found that I have become more and more interested in the coins and hand-poured silver, often paying higher premiums per ounce.

And in this sense, I think that I have become a collector as well.