https://www.youtube .com/watch?v=vthprFLyPNY
In this video I do a full breakdown outlining how much silver you need to have to be in the top 20%, 5%, and 1% of private silver stackers around the world.Be sure to watch this video to the very end because it is full of useful information!None of this advice – I am not a financial advisor – this is educational material!Data Sources: JM Bullion Silver Ownership Breakdown https://www.jmbullion.com/investing-guide/pricing-payments/who-owns-most-silver-bullion-today/Global Silver Reserves https://www.statista.com/statistics/273649/silver-reserves-of-countries/Top 100 Assets List https://companiesmarketcap.com/assets-by-market-cap/Silver Institute Data
SILVER SUPPLY & DEMANDSilver Reserves per Country Article https://investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/top-silver-countries-by-reserves/How Much Silver Is There Article I https://www.gainesvillecoins.com/blog/how-much-silver-in-the-worldHow Much Silver Is There Article II https://www.jmbullion.com/investing-guide/types-physical-metals/how-much-fine-silver-bullion-in-world/#silver #silverprice #silverstacker
How bout for Platinum? So much rarer than Gold! You’re doing an awesome job! Copper will go alot in the near future some of us have copper coins bars? Maybe a show on that too?
I don’t think that silver stackers in Europe amount to anywhere near 10% of the population. I would suggest that it’s closer to 1%. Given the economic chaos in some South American countries, I would suggest that their figure is likely higher than 7.2%. Perhaps 10% of Aussies hold silver but they’re spoiled for choice out there and may hold gold or opal instead. How would reductions in Europe and Oz affect your calculations?
dang, i guess im in the 1%, is that good for my age? (im 17)
That’s great!
I like the info – It helps understand collectors worldwide – I am in the top 1% – Steve
Cheers!
I have more than double the amount of the 1%
Check this out: https://youtu.be/UXENdkmapAY
I carry one 1oz coin in my wallet I call it my get home coin. If I ever break down and need to get home.
So if you were to take roughly $12,000 of your 401K or IRA and cash it out to buy silver you would be in the top 1%, so let’s say take $15,000 out total to include taxes. Seems doable for a lot of people.
Definitely doable for many people and a solid insurance policy against the US Dollar & FIAT currency.
I just watched Alessio Rastani’s latest video titled “This is What “Insiders” are Buying a LOT of Now (and what I’m doing)” and in all the years I have watched Alessio, he has never mentioned SILVER. Now he is… “Recent commitment of traders report show an unusual activity by the “smart money” commercial hedgers. These group of traders are usually contrarians and they do the opposite of the crowd. It seems that they are now net long on one key market – which is quite unusual. Commercial hedgers have been accumulating a great amount of silver.” Exactly what Ninja, Andy Schectman and many others have been telling us. Stack!
And in ten years you can cash it in for digital currency.
Hehe can’t wait!
Between the 5% to 1%. That’s ok
It’s great!
While I was working (Retired 2022) I would stop at the local Bullion dealers, I ended up owning 281oz. Didn’t make the 1%.
Now that I’m not working, the dealers are too far away from me. I’m currently buying an Oil stock and a Lithium mining stock.
I can’t be bothered with the insane premiums! But if cutlery counts, I guess we have hundreds of ounces.
1000 ounces here and my stack doubled in price just from the spot cost
Fun and original topic! Goes to show, most of the population doesn’t have any silver.
Ive had a few silver coins for years but didn’t start truly stacking seriously until this past January I buy more each week up to 137 Troy ounces so far I also buy goldbacks