shopper approved
    2347.07
    5.83
    27.29
    0.01
    962.53
    36.91
    1009.5
    22.95

    What is a Silver Stacker?

    Spend any time around a coin shop or precious metals dealer, and you’re bound to hear references to “silver stackers.” They may get mentioned in both positive and negative contexts, along with oblique statements about their characteristics.

    A silver stacker is a person who prioritizes the acquisition of silver bullion as a primary focus of their overall investing strategy. The term “stacking” basically refers to the fact that storing a cache of silver often involves physically stacking the pieces on top of one another in a safe or other protected place.

    Why would someone want to be a silver stacker?

    Though every stacker is different, they often share the same motivations to increase their particular stash. A typical silver stacker seeks to:

    • Get into the precious metals game.
    • Keep their costs low – silver usually trades much less expensively than gold, platinum, or palladium.
    • Hedge against inflation.
    • Diversify as part of a larger investment strategy.
    • Have a hoard of sparkly things to show off

    Silver is a common commodity to find in the public sphere, so it is easy to acquire more. Additionally, silver has many uses across a wide range of industries, so there’s no danger that silver will fail to be a store of value for decades to come.

     

    Stacker communities on Reddit

    One other reason to consider getting into stacking is that there is a certain degree of camaraderie that you’ll share with fellow stackers. Just on a brief inventory, we detected no fewer than five different Reddit or subreddit forums dedicated exclusively to silver stacking.

    However, we make no warranty whatsoever about the veracity of the information contained within these forums. In all likelihood, it’s probably good information most of the time, but we urge you to doublecheck any claims you see before you use them to inform a decision.

    Tips for beginner stackers

    If you’re ready to give silver stacking a try, great! However, because this activity is an investment as well as a hobby, you need to bear a few things in mind before you blast off into the new world.

    Beginning silver stackers should:

    • Be conservative about your initial budget for purchases.
    • Make sure to use reputable dealers, either in-person or online.
    • Shop around for the best purchase prices.

    Beginning silver stackers should not:

    • Overextend your investing into money set aside for necessities.
    • Use a dealer when you cannot verify his or her business record and products.
    • Buy under duress or pressure – there is rarely a need to hurry a silver purchase.
    • Chase extreme bargains – if something sounds too good to be true, it probably is.

    Ideal JM Bullion products to stack

    We have a host of silver products that you can buy in order to start your stacking career. There are stackers who swear by buying only one type of silver bullion – coins, bars, or rounds. Others may be a bit more indiscriminate.

    Either way is fine, and we can work it any way you like. Some of our more popular silver items for stacking are:

    • 10-ounce silver bars
    • 1-ounce silver rounds
    • American Silver Eagles
    • Australian Lunar Silver Coins
    • Junk silver

    If you want more information on these items, check out this page. Otherwise, head to our silver section to get started. If you want some support, don’t be hesitant to give us a call – we’ll gladly walk you through the process and answer any questions you have.

     

    All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.