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What's your definition of a PM stacker?
Manorcourtman
Posts: 8,477 ✭✭✭✭✭
How do you define a true stacker? By quantity of PM's accumulated? By quality of PM's accumulated? Is there a universally accepted definition of a stacker? What say you?
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Purchase of more than one piece of silver (one piece is not a stack) that was procured to protect against loss of dollar purchasing power. One that has a collection of silver coins is a collector, not a stacker. One who speculates with silver prices strictly for profit is not a stacker, he is a speculator.
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
I define a stacker as being someone who buys physical precious metals in the form of bars, coins, rounds, scrap, etc on a regular basis without regard to any collector premium over the bullion value. Being a stacker does preclude one also being a collector of rare coins or rare vintage bullion bars, rounds, etc that is worth a premium over their bullion value.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I’d say a stacker is more focused on quantity over quality. By that definition, I am not a stacker - I have a collection. It is stackable however.
Systematic accumulation.
Knowledge is the enemy of fear
Having your weight in silver = Stacker
Subsection
Vintage Stacker
General Stacker
Buy what you like Stacker
I was there then I became a phat old dude. Not counting the paper SLV I'm probably a bit short if measured in the physical gutter. Time for a diet and some trips to the gym. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
That’s 100% me.
I’m more of a collector, but a lot of the stuff I own could be considered a “stack“
My YouTube Channel
I'm More of a collector, but 98% is vintage silver.
Waiting for someone who wants it more than I do.$$$
I like the older stuff as well.
I view myself as both a stacker and a coin collector. I long stacked generic gold and silver based only on price - available funds dictated purchases as the metals themselves were readily available. Simultaneously I acquired vintage bullion bars that I occasionally post here where collector interest trumps melt value. My signature line $2.50 PCGS/CAC set is numismatic - when I can add coins depends more on availability than cost.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907/publishedset/15628
March of Time - 27 Centuries in Gold
https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590