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<p>[QUOTE=&quot;Jason.A, post: 3180653, member: 87620&quot;]My description of a silver stacker.</p><p><br /></p><p>I am a silver bullion buyer. I buy American Silver Eagles for at least $1.50 over spot each (usually even more). My local coin shop/online dealers buys American Silver Eagles at spot. Silver is $14.50 right now. That means if I want to make money, I need silver to be over $16 an ounce before I make any money selling my silver to the local coin shop. If it reaches $16 an ounce, I might be able to make a penny per Eagle. So the question is, when will silver rise 9.5% to reach $16.00 an ounce so I can make 1 penny per ASE?</p><p><br /></p><p>Silver investing is a fool&#039;s errand in the short term. There is hardly any opportunity to make money. Maybe if you stash that silver away for 10, 20, 30, 40 years, it will make you money. But the only real positive is probably for you to stash a little away in case all of your other investments and assets go kaput. At least you&#039;ll still have a few bucks in silver. But, of course, we&#039;re all hoping that we will have a job, our stocks and bonds do well, and our property increases in value, so we won&#039;t care about our silver.</p><p><br /></p><p>So we actually don&#039;t want to rely on/make money on silver after all?</p><p><br /></p><p>I&#039;m confused. What is the point of all this, then?[/QUOTE]</p><p><br /></p>

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