stacker, investor collector

[@madisongraves846]

This is the first channel I’ve seen breaking things down so it’s easier for us newbies to understand. Thank you for your time!

[@Carrscoins]

You are so welcome!

[@russellupsumgrub9633]

Love your humor about your family reunions. I'm a mostly stacker/ lil bit collector combo. Another great book is the United States Coins "redbook". I became your 150th sub. Good job.

[@Carrscoins]

@@russellupsumgrub9633 lol. my wife hates when i tell people that. stacking and saving silver was one of the best decisions of my life. and i really appreciate you watching and taking time to comment. 🥳🥳150. that’s awesome. thanks.

[@1997CARDSxx]

Awesome video! You forgot about “the saver” (me) in 27 and I was horrible about saving money until a couple years ago I started buying a 1/4 oz gold coin or $5 gold coin every month and when I got a better job recently I started making much more money and on top of saving with gold I started being able to put equally as much $ into the S&P and recently bitcoin while still buying the gold every month and it’s so far the best decision I’ve ever made! I didn’t think saving the amount of $ I am able to save was possible! And yes getting into precious metals I do splurge on more numismatic items from time to time😂 most of the time it’s graded CC Moran dollars (I’m like half way through with the set! I have the easy dates like 78, 80-85 In ms64 but will settle on much poorer quality coins for years like 79 & 89) and I also like high grade type coins walking librty, standing liberty, Indian cents and those types of things) oh and also cool silver pieces like bullion in the shape of bullets, arrow heads, ext…

[@1997CARDSxx]

Sorry I was typing this at the beginning after you mentioned the 3 main things then I hit the 14 minute mark where you mentioned saving almost immediately after posting it 😂🤦🏻‍♂️

[@Carrscoins]

very good man. you are right stacking silver and gold as savings is great. i really appreciate you taking the time to watch and comment. keep stacking

[@leodeo1122]

Cheers, Welcome to KZbin :D Subbed, looking forward to more contant

[@Carrscoins]

Thanks for the sub!

[@Helloskyyt321]

Very informative

[@Carrscoins]

i want to be clear. the couple examples i gave does not apply to all stackers. i was just trying to give a few not to make the video to long. i appreciate everyone watching.

[@RELUCTANTSTACKER69]

good luck bro

[@Carrscoins]

thank you. i really appreciate it

[@boodgiek8146]

Like to hear from stackers very interesting.my coin shop right now is flooded with silver 40 percent ikes.

[@Carrscoins]

i love ike’s. i believe they like peace dollars will find there day. they are at a price any one can start a collection. i appreciate you watching

[@TobaccoRowe1960]

Some people like me Stack Silver as a "Be Your Own Bank", like a savings account, you put money in it little at a time and then when you want to buy something you can't afford you sell some Silver to make up the difference. Again the world does not come to an end.

[@veritasfiles]

[PART 1] There is something that needs to be kept in mind, when it comes to categories and talking about things like Silver & Gold. First, the word "Investment" needs to be qualified. Too often, in fact, almost every time people talk about these things using the term "investment", they are moving back and forth between one definition and another definition for the same word. This is called equivocation, and it just creates confusion and can lead to faulty or false conclusions. The first definition of investment is the use or deployment of purchasing power, wealth, or money for some sort of guaranteed profit or material return. For example, the purchase of a stock with the expectation that you might have made 10 or 15 percent and possibly higher return on that "investment" at the end of a year's time. The second definition for the word "investment" is a place to put or park wealth, purchasing power, or money, with the purpose being primarily the preservation of that wealth, purchasing power, or money over the long-term. Gold & Silver DO NOT FIT the first definition, but they DO FIT the second definition. Too many people who don't actually understand the monetary metals speak using both definitions without making any distinctions, and too few people understand the metals well enough to stick with the second definition over the first. Gold & Silver are money by nature. They are the highest exemplifications of the nature of money that exist, though Gold is a more perfect exemplification than Silver, and Silver is better than Copper, for example. This is why the Wealth Storage Density Capacities (WSDC) of each of the three major historic monetary metals are so different. Gold is meant for large purchases, Silver for medium-sized purchases, and Copper for the smallest purchases. Each of the monetary metals below Gold are change makers for the monetary metal above them. Real or natural money functions as monetary wealth insurance in unsound money environments like we live in today. They function as money in sound money environments. They do not provide any kind of guaranteed material return, and anyone buying them because they've been given the erroneous impression that they are going to skyrocket in value is essentially being tricked into thinking of Gold & Silver by way of the wrong category or definition. You can make them into investments, if you want to buy into an ETF, an art piece, or a high-end numismatic coin, but in general Gold & Silver are just money or, in bulk, a commodity that will feed some area of industry. You can be a stacker with an emphasis, and therefore, possess a different kind of stack and other stackers. For example, if you are stacking, but it's only for a job loss, an emergency fund, a retirement supplement, or perhaps even a retirement replacement (i.e. moving from a 401k, pension, or bank savings to sound money held outside of any banking system). This kind of person might have a lot of 100 ounce, 1 Kilo, 10 ounce, and 5 ounce bars to go along with this generic Silver arounds, ASEs, and 1 ounce generic Silver bars. They might also have a number of 1 ounce or larger Gold coins and/or bars. That person is expecting a limited kind of utility from his metals operating within what is essentially a full functioning system that will allow him to liquidate his holdings at almost a moments notice like he can today. On the other hand, you might have a stacker who is expecting a massively higher degree of utility from his metals, and he's making no major assumptions about the the kind of environment he may or may not be selling into. So for example, he has ZERO increments of either Silver or Gold that are above 1 ounce. He only possesses Gold in fractional 22k coin form. His Silver stack is 50% Constitutional or 90% old American coinage. The other 50% is divided into thirds. 1/3 is government minted 1 ounce bullion weighted toward his home country, so it's 85% ASEs and 15% Maples, Libertads, Britannias, Philharmonics, and Krugerrands. The second 1/3 is made up entirely of generic 1 ounce rounds, and the last 1/3 is made up of 1 ounce generic Silver bars. His Gold holdings are 90% American Gold Eagles in the 1/2, 1/4, and 1/10 ounce varieties, with the most weight being hold in the smaller increments. Why this configuration? This configuration has the highest utility in any given future environment. Whether you're talking about a 100 ounce Silver bar, a 10 ounce Silver bar, or a 1 ounce Gold coin, you're going to have a larger universe of possible buyers as you move down in the increment/size. In any given environment, more people will able and willing to buy a 1 ounce Silver coin or a 1/10 ounce Gold coin than they will a 10 ounce Silver bar or a 1 ounce Gold coin. There is nothing that a 10 ounce or a 100 ounce Silver bar will do for you that 10 ounces of rounds or 100 Silver Eagles won't do for you. There is nothing that 10 small fractional 1/10 ounce or 4 small fractional 1/4 ounce Gold coins won't do for you that a 1 ounce Gold coin will. You might talk about premiums, but then you have to remember the definitions. You are preserving wealth or purchasing power for the long-term, which means that you will have been holding your metals for many years, hopefully decades, and whatever premiums you paid for 1 ounce Eagles or fractional Gold will shrink into utter obscurity as the US dollar declines massively in value and your metals rise in their US dollar denominated price but not so much in their purchasing power. This second kind of stacker is out for utility first and foremost. It may be that he is also stacking for a job loss, an emergency fun, and even a retirement supplement or replacement. However, it may also be that he's stacking for a much higher impact and significantly lower but growing probability of a systemic dollar and possible societal collapse due to outside forces that he doesn't control. The dollar's demise isn't really a possibility as much as it is an inevitability based upon the nature of the US dollar, the nature of economics, and the nature of reality. You simply cannot have a debt-based fiat financial system that requires continuous exponential growth in order to avoid recession, within the context of a finite resource environment. At some point, that kind of game or ponzi scheme necessarily comes to an end due to its logical and physical limitations. The probability of that inevitability is only relevant when it comes to deciding whether it's likely to happen while you're still alive or when your children or grandchildren are having to deal with it. These are stackers, though you seem to want to use the term investor, which as I have explained, is really more of a mistake than a moniker. You are correct, in that people can also find themselves as more collectors than stackers. If you're buying gimmicky items or what they often term collectible low-mintage semi-numismatic items and a variety of low-end to mid-tier numismatic coins of old, then yeah you've moved away from stacking and into something different. If most of what you are buying is genuine Silver and/or Gold, I suppose you could still call yourself a passive stacker, as you still would always have the melt value of your collection, should a worst case scenario come about. In a true crisis situation that impacts all people, things like numismatic and collectible value often evaporate, and collectors end up taking a bath on all of the things they purchased over the years. CONT'D

[@Carrscoins]

@@veritasfiles absolutely right. really appreciate your input

[@TobaccoRowe1960]

Just because I am a Silver Stacker, does NOT mean I am a Dooms Day Prepper. In my ten years of Stacking I have had to sell some silver to pay Bill's three times and the world has not came to an end.

[@Carrscoins]

@@TobaccoRowe1960 you are absolutely correct. it does not apply to everyone.

[@TobaccoRowe1960]

@@Carrscoins And you skipped Coin Flippers LOL

[@williamfender661]

I hope you didn't think I was hating on you, but I have heard so many times that if silver goes to $100, a loaf of bread will be $10. I don't think so. The reason is that the dow is at all-time highs, gold at all-time highs, bitcoin all time high. What makes people think that if silver reaches $100 an ounce that somehow bread will be $10. Makes no sense to me.

[@Carrscoins]

@@williamfender661 no not at all. it was a joke. i will try and explain my position better. i really appreciate your time.

[@veritasfiles]

[PART 2] Regarding your worst case scenario, I would only say this. Chaos doesn't reign forever because it cannot. Very quickly, some semblance if calm and normalcy is reached, usually in well under 6 months. In a lot of the U.S. it would probably be during the Spring to Fall time period when people were more readily out and about, but you can rest assured that law and order of some kind and at some level would emerge. It does this everywhere else, though things will be vastly more dangerous. What you would find, is that burned out big box stories and grocery store chains would have their parking lots turned into giant swap meets, where people would come to get the things that they needed to live. There would farmers, farm animals, produce, mechanics, plumbers, electrician, etc... People would be selling their services and their products. There would be canned foods. There would likely be doctors and nurses offering treatments, advice, and possibly even simple surgical procedures. There would be car alternators, batteries, inverters, solar panels, tools, firearms, bullets, first aid supplies, medicines, etc... It would be the only place you might be able to buy clothing, children's toys, or a variety of other things like fuel, tires, or replacement parts for any number of items that are necessary for survival. These places would be heavy on security, and prices for certain items would be high, to be sure. However, in order achieve the "double coincidence of wants", where two people have different items that the other person wants, and avoid the common "barter impasse" because one side of the transaction doesn't want what the other is offering or the value amounts are very unevenly distributed, a money system of some kind will develop relatively quickly. The more people who are stacking or even collecting, the better off the base of money will be to get a currency up and running in a local area. This would apply to a lot of things like pre-'82 Copper pennies, as well clad coinage like nickels and dollar coins. It would especially apply to things like Silver and Gold coins, as they would serve the function of large bills or bigger purchases. Money is what brings efficiency to trade and avoids the "barter impasse". So yes, it would be important to have chickens, but it would also be important to maintain a deep pantry, possibly to have a few months worth of freeze-dried foods on hand, and to possess things that would be readily tradable, including Gold & Silver coinage. You make a good point. You're actually more likely to die from disease than you are from the violence that occurs during and into the immediate chaotic period of a collapse. Dirty water, lack of medication, and the break down of emergency services will kill far more people than actual violence. With regard to compounding interest, I'd say yes and no. You can certainly make a case for it, but based upon our fake system that is persistently being goosed and propped up by money printing, I think relying on that is fairly high risk. I think if things don't totally collapse, they will try to force us into, NOT a crypto currency, but some form of CBDC. If things do collapse, I think you will see sound money crop up all over the United States and elsewhere in the world. I also think that you're likely to see Gold & Silver become prevalent if and when the government becomes openly and unjustly hostile to people who don't tow the government's line. We saw inklings of this with the previous regime in the White House. Stacking became popular as a result of the GFC and the election of people like Barack Obama. It really got into a higher gear in 2021 and beyond. If things got far worse in the future (i.e. Biden regime on steroids), I could easily imagine Gold & Silver becoming a very very important "out of system savings". If you had started buying Gold back in the 1990s, when it was only two or three hundred dollars for an ounce, you could easily possess $500,000 to $1,000,000 in Gold coinage, but few people have done that. Today, even using modest means, if you are consistent and persistent, it is very very possible to purchase several hundred thousand dollars worth of Gold. I have always had very limited means with which to stack. I started out with only $10 to $40 a month for the first decade that I was stacking, and yet I was able to stack hundreds of ounces of Silver and a respectable amount of fractional Gold. Today, I usually have $120 to $200 for Silver (depending on overtime) and about $80 being saved for Gold on a monthly basis. So long as I'm consistent, I can regularly buy both metals, and my concern for compounding interest becomes increasingly limited. That doesn't mean that I don't make use of compounding interest. It just means that I know where the risk lies and where it does not. Compounding interest = Risk. Gold & Silver = Non-liability money. Good video! Good discussion! Keep stacking!

[@Carrscoins]

@@veritasfiles are buying start and today is pretty much exactly the same. and i agree with you pretty much on everything with the worse case scenario disease would absolutely play a factor. i really appreciate you taking the time to put this much time and thought. it’s a lot of good information. when i get better and more comfortable making the videos i will definitely make another with more information.

[@boodgiek8146]

Don't know if proof Ikes are very collectable or not.still learning

[@Carrscoins]

@@boodgiek8146 heck yes they are. make sure you buy silver ikes. i’m about to do a video on them in the next few days. so be on the look out. thanks so much for the comment.

[@TobaccoRowe1960]

Compounding interest has nothing to do with making regular deposits. Compounding interest is a interest payment added to the principle at a set interval. I'm pretty sure ?

[@Carrscoins]

@@TobaccoRowe1960 i’m saying most people can not make one large deposit in a index fund and leave it. most people have to make weekly or monthly deposit. and with those deposits and reinvesting the interest payments it will grow over time. i will do better explaining things. i do appreciate you taking the time.

[@TobaccoRowe1960]

@@Carrscoins I don't know much about Mutual Funds. All I no is what they taught me about Compounding Interest in College Algebra. Well Thank you for taking time to make videos!

[@TobaccoRowe1960]

Possibly if the Green Seal Dollar fails we could go to a Red Seal Dollar ?

[@Carrscoins]

@@TobaccoRowe1960 red seal notes came around during the civil war and are actually still legal tender. but i personally will have to do more research on if that something that could happen. i dont think it would do much good in the worse case scenario. but thank you for taking time to watch the video and leaving a comment.

[@TobaccoRowe1960]

@@Carrscoins Here I will do the research for you. Red Seal means backed by The United States of America. Green Seal means backed by The Federal Reserve.

[@Carrscoins]

@@TobaccoRowe1960 yes one says United States of America and one says federal reserve, but they are both used for debt. i’m saying i would have to do more research on if at this point the switch would be possible. it might be like asking if we can go back on the gold standard. I believe the consequences would be too catastrophic for them to even consider it. but not impossible. it could happen.

[@Carrscoins]

@@TobaccoRowe1960 in other words, getting rid of the federal reserve and the US government taking back over might not be possible. without their being catastrophe.

[@TobaccoRowe1960]

@@Carrscoins The USA is a Country. The Federal Reserve is a Private Company. They are two different things.

[@EricBynog-zd4rd]

Do yourself a favor take 10 ounces your silver go sell those 10 ounces for same penny you paid you can’t do it

[@Carrscoins]

@EricBynog-zd4rd yes in some situations you are right. that’s why in my other videos i make it very clear most of us should use it as a savings account. thanks for watching.

[@EricBynog-zd4rd]

Man you for sure need to read more before making these videos

[@Carrscoins]

@EricBynog-zd4rd or maybe just listen a little better.