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Lots of silver "stacking," not so much gold stacking
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<p>[QUOTE="Clawcoins, post: 2631619, member: 77814"]As above stated, the price entry for silver is much lower than gold.</p><p>So it's much easier to buy 10oz of silver than 10oz of gold for most people. ie, it takes roughly 70oz of silver to equal the price of 1 oz of gold. </p><p><br /></p><p>I certainly wouldn't mind looking at 70oz of silver versus 1 oz of gold. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Thus probably one reason the 1/10th Gold American Eagle is popular at roughly $135 each - it's cheap to buy even though it carries a larger proportionate premium. And you can get roughly 8 oz of silver for 1/10th Gold Eagle.</p><p><br /></p><p>There are different mentality of people stacking silver.</p><p>Some basing purchases strictly on as close to spot as possible. Those people may also flip it quickly when the prices change.</p><p><br /></p><p>Some base purchases on different designs that they like, thus last variations of things.</p><p><br /></p><p>Some may buy only ASEs.</p><p>CRH </p><p><br /></p><p>Some may buy silver for short term flipping, long term flipping, or just another type of asset to own for their net wealth balance sheet.</p><p><br /></p><p>So it all depends.</p><p><br /></p><p>But as mentioned, it takes more money to stack gold. But it's hard to know if anyone is more savvy. With those TV sellers selling gold and silver you never know. Plus you have retail places, online auctions, etc selling one product at various price levels.</p><p><br /></p><p>Then there are people who stack "paper" silver and gold .. ie, PM ETFs. From the couple I've looked at you are paying fees here and there, plus buy/sell trade fees - so when/where is breakeven over a certain period of time.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2631619, member: 77814"]As above stated, the price entry for silver is much lower than gold. So it's much easier to buy 10oz of silver than 10oz of gold for most people. ie, it takes roughly 70oz of silver to equal the price of 1 oz of gold. I certainly wouldn't mind looking at 70oz of silver versus 1 oz of gold. :) Thus probably one reason the 1/10th Gold American Eagle is popular at roughly $135 each - it's cheap to buy even though it carries a larger proportionate premium. And you can get roughly 8 oz of silver for 1/10th Gold Eagle. There are different mentality of people stacking silver. Some basing purchases strictly on as close to spot as possible. Those people may also flip it quickly when the prices change. Some base purchases on different designs that they like, thus last variations of things. Some may buy only ASEs. CRH Some may buy silver for short term flipping, long term flipping, or just another type of asset to own for their net wealth balance sheet. So it all depends. But as mentioned, it takes more money to stack gold. But it's hard to know if anyone is more savvy. With those TV sellers selling gold and silver you never know. Plus you have retail places, online auctions, etc selling one product at various price levels. Then there are people who stack "paper" silver and gold .. ie, PM ETFs. From the couple I've looked at you are paying fees here and there, plus buy/sell trade fees - so when/where is breakeven over a certain period of time.[/QUOTE]
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Lots of silver "stacking," not so much gold stacking
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