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<p>[QUOTE="myownprivy, post: 2631523, member: 84588"]Here's a thought I've had for awhile. I am curious what other people think.</p><p><br /></p><p>The concept of silver "stacking" in that lingo and hobby are relatively new. Reddit, Youtube, and other forms of social media have helped facilitate this as a bigger communal hobby for a whole new group of people. Forums like this and others have provided yet another outlet for amateur investors who stack to share their thoughts with each other. </p><p><br /></p><p>This is going to sound very judgmental, but I do honestly want to hear what other people think. Lots and lots of people are "stacking" silver. They are doing so in pretty idiotic ways, with all due respect. They are buying on credit cards and paying a premium to do so. They are spending money they don't have to invest money that isn't actually theirs. It makes no sense. They are buying every random piece of crap from every Banana Republic that puts out its own silver coin, maybe in honor of a bird you've never heard of or a president of the United States you don't like. Their "stack" then is a patchwork of dozens or hundreds of different types of silver. They seem to have no direction or focus, and they overpay for most of it.</p><p><br /></p><p>On the other hand, gold "stackers" are fewer and they seem to be smarter. Yes, they can make the same mistakes as the silver stackers, buying too much random stuff, buying on credit, or overpaying on premiums that make no sense for long term investment. However, gold "stackers" seem to be a less common group of people simply because of the higher cost of gold to silver. </p><p><br /></p><p>Is everyone following this? Silver "stackers" are more likely to be amateurish and foolish than gold stackers, in my experience, due simply to the much higher cost of gold. </p><p><br /></p><p>Thoughts?[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 2631523, member: 84588"]Here's a thought I've had for awhile. I am curious what other people think. The concept of silver "stacking" in that lingo and hobby are relatively new. Reddit, Youtube, and other forms of social media have helped facilitate this as a bigger communal hobby for a whole new group of people. Forums like this and others have provided yet another outlet for amateur investors who stack to share their thoughts with each other. This is going to sound very judgmental, but I do honestly want to hear what other people think. Lots and lots of people are "stacking" silver. They are doing so in pretty idiotic ways, with all due respect. They are buying on credit cards and paying a premium to do so. They are spending money they don't have to invest money that isn't actually theirs. It makes no sense. They are buying every random piece of crap from every Banana Republic that puts out its own silver coin, maybe in honor of a bird you've never heard of or a president of the United States you don't like. Their "stack" then is a patchwork of dozens or hundreds of different types of silver. They seem to have no direction or focus, and they overpay for most of it. On the other hand, gold "stackers" are fewer and they seem to be smarter. Yes, they can make the same mistakes as the silver stackers, buying too much random stuff, buying on credit, or overpaying on premiums that make no sense for long term investment. However, gold "stackers" seem to be a less common group of people simply because of the higher cost of gold to silver. Is everyone following this? Silver "stackers" are more likely to be amateurish and foolish than gold stackers, in my experience, due simply to the much higher cost of gold. Thoughts?[/QUOTE]
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Lots of silver "stacking," not so much gold stacking
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