Shift in Stacking Strategy
βοΈPremiums for silver have plummeted, leading to major shifts in stacking strategy.
βοΈIncreased focus on stacking generic 1 oz silver rounds due to their popularity and non-affiliation with Sovereign Nations.
Testing and Authenticity
πChallenges in testing fake silver coins due to variations in weight, thickness, and diameter.
πRecommendation to use pocket Pinger, pin coin app, or sigmaPro for testing.
πSD Bullion's giveaway of 1 oz silver Tree of Life series at sdbullion.com sweepstakes.
Opportunities for Stacking
π°Lower premiums and spot prices for specific types of silver are making it an exciting time to add to the stack.
π°The importance of looking for deals and mentions the availability of great ones on 90 right now.
π°Plummeting premiums on Australian kangaroo, silver eagles, and Great Britain Britannia creating stacking opportunities.
Adapting to Market Changes
πPremiums on 90% on rounds and Eagles have dropped, leading to a shift in stacking strategy.
πAbility to sell smaller quantities of silver rounds without taking a loss on the weight of the stack.
πMoving away from stacking big heavy bars to smaller and more easily divisible options while premiums are down.
FAQ
How have premiums for silver changed in the last few months?
Premiums for silver have plummeted over the last 5-6 months, creating new opportunities for stacking.
What are the recommended tools for testing fake silver coins?
The recommended tools for testing fake silver coins are pocket Pinger, pin coin app, and sigmaPro.
What types of silver are currently offering lower premiums and spot prices?
Australian kangaroo, silver eagles, and Great Britain Britannia are currently offering lower premiums and spot prices.
How has the ability to sell smaller quantities of silver rounds changed?
With the drop in premiums, it is now possible to sell smaller quantities of silver rounds without taking a loss on the weight of the stack.
What is the speaker's recommendation for avoiding certain types of silver?
The speaker recommends avoiding 40% and 35% silver, and focusing on easier-to-sell options.
Summary with Timestamps
π° 0:00Shift in silver stacking strategy due to plummeting premiums, focusing on specific types of silver.
βοΈ 2:46Challenges in testing fake silver coins, recommendation for reliable testing, and a giveaway from SD Bullion.
π° 5:44Update on silver stacking strategy focusing on lower premiums and spot prices for specific types of silver.
π° 8:24Preference for smaller, easily divisible silver rounds over larger bars due to potential loss in value when selling and rebuying.