Silver is a BAD Investment!

[@SgtMajorUSMC]

I've been stacking since 1964 and don't plan on stopping and Silver's been a very good friend of mine I have no regrets

[@Spegtacular]

A friend.. that’s a better term for sure ;)

[@Bluebird590]

Since 1964 ? I guessing 73 yrs young

[@omni1omni244]

Caches. Each cache attached to a "will, trust" or legacy trust fund. should you go into eternity. Otherwise, politicians will pocket it.

[@titiung]

Silver and gold are NOT investments. I buy silver to protect my PURCHASING POWER. That's it!

[@Userhfdryjjgddf]

But most people say they will never sell it. So how does that protect purchasing power ? Gotta sell for a profit to actually make that work

[@AmericanBulldogFit]

@@Userhfdryjjgddf Exactly. Silver stackers are such fools.

[@cramsa]

@@titiung I once thought it was to “protect” my purchasing power UNTIL I had to sell some for paying bills (I tried to live on gold/silver) and after the dealer pays about 90% melt, YOU LOSE PURCHASING POWER. Also when you buy PMs, you also lose purchasing power from paying PREMIUMS… your stack has to appreciate about 10-15% JUST TO BREAK EVEN…. It’s a complete failure. We are not living in the days of horse and buggies… when was the last time anyone used whale oil to light their homes? TECHNICALLY has demonetized silver and gold will eventually become demonized from bitcoin. You are watching or play out right now if you been paying attention.

[@jamesdoe3713]

@@cramsa well in my country (Australia) gold and silver has gone x3 in the last 5 years.

[@jamesdoe3713]

@@cramsa PS: it's no accident that we are being pushed away from metals into digital currencies....if you've been paying attention.

[@gardenstatestacker1879]

My best investment was buying the pile o bricks I live in! Second is driving a 25 year old Jeep

[@kaynef6637]

Stacking silver is the best thing I’ve ever done

[@Spegtacular]

Me too

[@Jesusdisciples27]

Why ?

[@Spegtacular]

That’s been explained sooo many times through way too many videos to count which would cause way too long of an explanation. I’d recommend you follow the channel BUT long story short, it’s helped me to become financially secure.

[@TheRevenantBalor]

Silver is a savings alternative.

[@Jesusdisciples27]

Nothing the uk when your paying 20% vat

[@ah5836]

The best part of saving through physical products is it is more difficult to impulse sell. As long as you don't buy so much you suddenly have to emergency sell and cover other life expenses, over time you'll be just fine.

[@JoeStacks419]

Back in the day precious metals were advertised as insurance against hyper-inflation. The hyper part of the equation might be coming upon us. Terms like, "3rd party risk" and "If you can't hold it, you don't own it" will begin to have real meaning.

[@VictorWebster-h1o]

Until we start mining other planets or asteroids, silver will go up in value. It’s more of a savings account that keeps up with inflation to me

[@bensherman8976]

I bought 10 oz of gold around 1999. I can't remember how much i paid but it wasn't much. Now look at it.

[@michaelp772]

The gold miner guy from Rudolph the Red Nosed Reindeer inspired my precious metals fanaticism!

[@VictorPerez-uc5nj]

keep stacking spegtacular l will keep buying

[@McSilverWolff]

Silver isnt much of an investment. But it does invest in your future. Its more of a savings account in my eyes

[@Spegtacular]

Exactly

[@mikebrewer5758]

Yes, consider silver an investment. Remember in the not-too-distant past. Silver was around $14.00 an ounce. It's now around $30.00 and some change. There is not a bank anywhere that matches that amount of growth in this short of time. Just keep stacking a little at a time. You probably won't have the riches of Solomons mines, but you will have wealth that you can hold LOL ( stole that from a T.V. commercial) Thanks for sharing.

[@Andrew-DX]

From 2000 to 2012 when the stock markets went nowhere, gold and silver went 5x. So it’s good backup when the markets are going down or sideways.

[@samename3926]

Silver stacking is a long game

[@larrydegeorge386]

I started buying silver at around $11 so not bad. And it’s just a bug that I caught, my affordable hobby that can be fun and still hold value unlike let’s say buying a boat

[@hendrikkruk101]

@@larrydegeorge386 my thoughts exactly

[@Silversoftwear]

Silver is indeed not an investment it’s merely a savings account an a physical asset, if you’re looking to get rich quick,silver is not the answer you’re looking in the wrong place !!

[@mykittenisagrandmaster4381]

People look at silver as if it's supposed to be the cheapest precious metal out there when it's one of the most undervalued which is why people have mixed feelings about it because you have those who believe silver prices should be higher then you have those who want silver to drop as low as possible

[@joeygee11]

It’s not a debate. Good or bad, it’s all a point of view.

[@JamesBond-st4qu]

I buy silver for the dopamine, so I always come out a winner.

[@SugarSandProspecting]

Hows everyone doing with the *Spectacular Challenge*? Thanks for throwing it out there and the Costco "under spot" videos! Working well here! Stack em high people, finish the year strong and I hope everyone took advantage of the dip to add to the stack!!

[@edwardsawyer2369]

I personally stack and hold all of my silver. I also “invest/trade”’ SLV. Close to $35, sell. Wait for Mr Slammy. Gets around $30, buy. Rinse, wash, repeat. Have done pretty well while also building my stack.

[@jonasyracheta2185]

Let me guess....2 seconds into the video. It is a great savings tool or great insurance but not an investment. Been hearing this since the jump!

[@fokai22]

Hey Spegtacular, I appreciate the honesty in this video.In your opinion,what percentage of your portfolio should be in precious metals?

[@OUFan2]

This is correct. I have owned silver for decades and have never made money like I have made in the stock market. I have heard that silver was going to a hundred or higher for many, many years, yet it is still in the thirties and I have never even seen it in the sixties. Since I am 75, I will probably be dead before it ever hits $100.00.

[@maximussilverstacker3928]

I started stacking 2019 half dollars were $7 each ! Top dollar $140 roll !! There was a crazy opportunity when Covid hit and silver went down to $11-12 oz ! Back up the truck lol rolls of quarters were $135!!

[@dfaval12]

I'm a first time viewer of this guy... I appreciated his sound advice! Just remember that all those Crypto and Bit Coin holders will be down to zero if we have a Solar Flare/EMP attack/Market Crash or nuclear War. So what will be barter of exchange for those who survive? Eventually, after goods and services are used in the beginning, Silver will most likely be the medium of exchange as it had been for thousands of years. At 77 years old, this is one sensible use of my money. However, I do have stocks. I also have cash hidden away in small bills, just to survive the initial few months of panic; not to forget lots of food and water. I pray every night we all have a "Zipidy Do Da Day" every day, but I must be a realist. I really like this guy!

[@illiniStacker]

Great video! I look at it as a good hobby that actually has a value in the end! Exchanging greenbacks for ounces Stack the Ounces!

[@bensherman8976]

Silver is the way to go. I put most of my retirement in metals. . I don't do crypto and Bitcoin. Imo its numbers on a screen. If it ain't setting in your hand then do you really have it ? I don't think so.

[@EdgarBrown-cj6qy]

Silver is looked at as an industrial metal these days more than as money. That ship has sailed. There are so many applications that silver is used for and the price will never explode. The economy can’t handle it. If silver went to 100, how could we afford a solar panel or camera. Think about it 😮

[@Spegtacular]

Because you don’t need $100 of silver in a camera… and a solar panel only uses like 20 grams of silver… so even if silver went to $500, those two things you mentioned really aren’t that big of a deal and would still be purchased… Think about it.

[@EdgarBrown-cj6qy]

@ 20 grams of silver times 100,000 camera. Think about it.

[@Spegtacular]

Irrelevant

[@FelixReeeeeeee-j1k]

I am new to this coin thing, but I am finding this realm insanely interesting. I have a noob-type question. If I am looking for silver in coin rolls. Do you recommend I look through dimes or quarters? So far I have found 0 silver coins, lol

[@jasonluchtel7974]

Look through half dollars. Dimes and quarters are still a circulating currency so it's pulled out of circulation as soon as it is found. On the other hand we don't use half dollars in our everyday transactions that much. It is a forgotten coin. Most people today don't even know what a half dollar is. There for your chances of finding silver is a lot greater looking through half dollars. And when you find one you get a lot more silver for the size of the coin than a quarter or dime. The halves you want will be the 1964 and earlier of course. They are 90%. Then you want the 1965-1970. They are 40% silver. You will also find an array of proof strikes in the S mints and various other oddities, doubling, etc. Not every box will have silver but sometimes you might hit a box that might have 20 or more plus silvers. It's worth hunting the halves. I guarantee you will thank me later. Also if your into copper, search penny boxes for anything 1981 and older. Each copper cent is worth around 3 cents in copper. They are easy to get a lot of them. 1982 is the transitional year when they went to a zinc cent with a copper plating. You have to weigh those to determine if copper or copper plated zinc. The copper cents weigh 3.1 grams and the zinc ones weigh 2.5 grams so get yourself a little gram scale too. You will want one anyway if you are a coin roll hunter. All cents from 1983 to now is all copper plated zinc. Now you have the knowledge my friend. 😉

[@jasonluchtel7974]

Oh, I forgot to tell you that in cents the copper ones are 95% copper and 5% zinc. The zinc cents are 98.5% zinc with a 1.5% copper plating.

[@ScootLogix]

It's never a bad investment. I'm up 20%

[@picklerick4944]

For every 10oz of silver i aim to also have one oz of gold

[@NumismaticStacker-z8x]

Stack what you love weather it's silver, or gold, or even 1878 morgan dollars! History, rarity, value, and security.

[@jisskk28]

Anything you put money or time into is an investment. Its not complicated🤪

[@bradleyozbun1012]

💯 I don't think that I will ever stop buying weather it goes up or down. I feel that it's a great savings or insurance plan. I do worry about the future of it and what will happen if the L.C.S dissappears or lam I just limiting myself and need to start up a what not auction ? I definitely want to make money it's evident we need it more and more and If prices go up on precious metals I definitely wont be getting anything close to what I use too. Matter of fact I would like to know how and where to invest . I do like buying silver and gold. For safety. Curious! Thx. Spegtacular

[@williamguirl7735]

Been stacking since 1972; always pays off incycles; the golden ratio of Gold to Silver was 20 to 1 for 3000 years, even during the Hunt brothers boom & bust of 1979-1980; it stayed close to that; same during winter of 2011/2012, silvers being suppressed by the feds; a correction is coming, just a matter of time; keep stacking!

[@dominickraimo2411]

@@williamguirl7735 you should also be reminded that the ratio of gold to silver can change by gold dropping to the one to twenty ratio: silver $30, gold $600.

[@mysilverjourney]

Silver is the best savings account I have ever had

[@jaydot6360]

@@mysilverjourney be careful because when it comes to selling you will get less than what you paid.

[@LatimusChadimus]

​@@jaydot6360be careful when lying to people because some people picked up at $12 an ounce and now they can sell for $30 an ounce, if they actually decide to sell because yes it is savings and that means it sits there and you don't spend it otherwise it's not saving. Who is this kid😂😂😂

[@LatimusChadimus]

@@jaydot6360 more like be careful of listening to people like this because they don't know what they are talking about. Some people were able to get silver at $5 an ounce and some people got it at $12 an ounce, and to sell it at $30 yes that is a much bigger number than the other two. Also, he said it's a savings account, which means it's simply just sits there and you don't spend it otherwise you're not saving any money. Do you even read ?

[@Userhfdryjjgddf]

​@@jaydot6360only if you sell when you need to. I've bought and sold silver since 2017 and profited everytime.

[@JamesBond-st4qu]

I have sold plenty of silver at a profit.

[@ScottHoar-b6b]

Its just meant to be part of a diversified portfolio.

[@ChristopherWilk-w2d]

silver and gold is money.

[@AlexanderRodriguez-ym7we]

If you don't hold it, you don't own it. Don't tell that to the crypto fanatics thought 😂😂😂

[@titopp123]

When silver and gold finally gets the respect that it deserves (as real money) in the eyes of the masses then you will see that it is more than an investment and its true value will come to light/ make you rich because of how undervalued it is. But sadly its true value is gatekept by soo many things from it being an investment, collectible, safe haven, preservation of wealth etc... Last thing people think about is how it has been real money for thousands of years.

[@daviddavey1727]

I could have done better with fiat in the bank over the last two years, so from that viewpoint yes it is a bad investment in the short term.

[@SuspiciousAlertness]

I'm buying

[@maskedninja7658]

Just have a well diversified portfolio. Metal stackers refuse to do homework on the 4yr cycle of Bitcoin. Nothing different than doing homework on stocks.

[@kelvinsorrell896]

Yup , just that simple.

[@tonyroma1161]

Will anyone cash out if silver hits 100 an ounce?

[@william7427]

@@tonyroma1161 nope

[@erikbrantner4295]

Okay? So is it a bad investment or a good investment.. Can't call it bad if it's not or visa versa!

[@Spegtacular]

I suppose you missed the point of the video in that it depends on what YOU believe you’re investing for.

[@erikbrantner4295]

@Spegtacular 🤔 Hmmm well usually I invest into something for a Profit like most people do... I figured that to be a good point

[@Spegtacular]

So then you’ve not done your research on silver and gold and I’d recommend that you start with some research.

[@jamesreal7987]

LOL I BOUGHT MY HOUSE WITH AG BEEN STACKING FOR 38 YRS...NO REGRETS..EVERY WEEK..EVERY MONTH..EVERY YEAR.PLUS I REPLACED ALL THE AG I SOLD TO GET MY HOUSE THAT TOOK A MINUTE LOL...39TH YEAR AROUND THE CORNER..SPEGS WHEN I RECENTLY VISITED THE HOSPITAL,I WAS BUMMED, BUT WENT ONLINE AND STILL BOUGHT.I EVEN WENT ON LONG LIVED COINS AND BOUGHT AT HIS AUCTION...LMAO..ALL TRUE

[@cramsa]

This is nothing… in 8 years my bitcoin stack originally could only buy a new computer and now it can buy a LUXURY CONDO OR 2x LAMBOS… and I wasn’t even trying to save much… it was with just some pocket change.

[@zebcherry]

If you want to make money from silver, buy 40 pounds, and sell it in 10 or 12 years!!!

[@bill4572]

Was reading comments on other channels some people are selling there silver and gold and buying bitcoin I replied put some of your money into bitcoin nothing wrong with that not your whole stack

[@Spegtacular]

Once you have the silver, keep it.. unless some is meant for selling for profit. That’s my 2 cents.

[@markphillips9822]

Silver is a very long term investment.

[@victorfrankenstein50202]

Silver is NOT, and never will be an investment. You should never buy Silver, expecting for it to earn you a 8 to 10% return year over year. On the other hand, if you choose to save for your future, or your children’s future, then Silver is by far a better way to save for the long term. As we all know by now, most SAVINGS accounts pay about 1% or less per year in interest. As the dollar continually gets devalued over time, the cost of an ounce of Silver goes up (dollar worth less, than more dollars to buy the same amount) protecting your purchasing power.

[@SweetLeavesXbox1]

I got a thing for 10oz Silver bars.

[@suitedup2965]

I shouldve spent tht money on btc instead of silver this year

[@Spegtacular]

You wouldn’t have even doubled your money… however, if you’re looking for investment as a way of making money… Dogecoin would have easily tripled your investment. People just on BTC because it’s a high amount of money, but the REAL money makers are elsewhere in the market.

[@Union-thug]

Bitcoin has been very, very good to me.

[@AppalachianStacker]

I used a $15 off of whatnot and got a Franklin half for $1. Last month 😂

[@Spegtacular]

Bravo sir!

[@westhompson574]

No power no Bitcoin…no power silver?

[@LoveMeGold33]

i stack for a little retirement booster and easy inheritance for my kids.

[@dannyday5391]

I've already doubled my money.

[@dominickraimo2411]

It is an investment in preparation.

[@LatimusChadimus]

Gold is insurance, silver is savings, buying a house and a car is a liability, owning a house and a car for business purposes is an asset, and actual insurance is mostly a scam haha there's the reality check for your viewers

[@iandeschene6263]

See I’m just getting into precious metals because I want to take profits on my crypto and split it into other investments

[@maximussilverstacker3928]

Heres a bad investment, most baseball cards . Crypto is unstable, silver and gold will never have crazy swings and will never go to zero like so many crypto’s have . Silver was $22 last Jan if you bought then you could’ve easily sold for $32-33 oz !

[@titopp123]

Its scary to see people putting their money in a tech that they have no idea who created it, there is a pseudo name but no concrete person behind it. Also crypto is purely a speculatory instrument that people use to gamble in hopes to make money from. Lastly everyone says it is "scarce".... but its not, you can divide crypto into an unlimited amount of(increments), so in essence you will always have crypto no matter what its digits on a screen.

[@tedjensen2884]

Well my friend i call myself THE STACKING SILVER COLLECTOR..I don't invest more like collect and stack my silver and gold..lol so call me the stacking silver collector.. another great show learn new stuff every time .take care..

[@元福徐]

我們中國大陸每1個大城市的居民都在購置實體白銀幣（ 熊貓）（楓葉）等！！！

[@winstonsmiths2449]

BTC could go to $1,000,000 it is still fiat measured against fiat. CBDCs is the ultimate goal and BTC is helping to get us there. BTC could be the carrot the government uses to pry the PMs from investors hands. The government may offer you one BTC for every 5oz of gold you "sell" to them. Great deal right? After that, all you have to do is what the government tells you to do, or your account is debited or frozen.

[@rossr277]

Not a bad investment at all according to the almighty God of Israel.

[@chassisresearchkid]

Everybody wants to spend money to make NO money in the long run. I tell you what. You send me your money and in 5-10 years I'll tell you if you made, or lost money. Trust me.

[@DanaX09]

The only thing I have against Bitcoin and other cryptocurrency is they are built on a computer and can be hacked on a computer. Being in IT my whole career, I am well aware that if someone can write code, there is always someone who is better and can hack that code. I don’t like the idea my crypto wallet can be emptied in seconds.

[@tiedtight6895]

BIG TIME SAVING VEHICLE💯🎯

[@jimthompson9992]

But Speg...it is a get rich scheme! Why just look at the Hunt brothers back in the 80's and how they were buying all that silver and driving the price up to $50 and........oh yeah, they lost big time! Never mind......🤣🤣🤣 great video as always! 👍👍

[@davidyagow4215]

I stack because its a sickness.

[@Spegtacular]

Haha yeah!

[@HeatherMizzell]

So is gold

[@mimaroo1431]

I'm not tech savvy, but I understand precious metals. Precious metals have been a wonderful savings vehicle for me and having it has saved my bacon a number of times. Cryptocurrencies are wonderful for many and it would have been great to invest early, but I am a tech dunce, so I probably would have messed up somehow if I had tried to get into it, lol!!

[@HeatherMizzell]

Silver is just a hobbie

[@waynekaczmarek946]

Yeah you did you don't know what you're talking about I bet you it's up to 50 right after the Thanksgiving holiday bud

[@Spegtacular]

How much do you wanna bet trolly?

[@swEEtcoinsdOOd]

Alright spegzz- #1 reason to hold phyzz is to remove your wealth from a broken, bankrupt and corrupt monetary system. #2 there is no counterparty risk. I will bite and sign up w your code. $15 off a silver coin I can’t pass up. What I am really excited to learn more about is selling on whatnot. I’m done w feebay. Thx dOOd

[@Spegtacular]

You're a smart dude. Get in on the Whatnot while it’s golden.

[@COUNTSLURPULA]

🍿

[@Bill-x4o]

Absolutely, correct Am-undo Just listen to Andy Screwyouman!! over on another channel. He said hell with silver “get you some small Fiat bills!! For when shit hits the fan!! BWA HA HA HAHA HA HAHA

[@paulhershberger7837]

Silver is a hobby that may or may not pay off. A hoard should be treated like a collection.