Stacker’s Prime Directive – Never buy precious metals above spot.
7 Golden Rules for Precious Metals Stackers
1. Build a cash reserve before you buy the first ounce. Save up 6 months of expenses.
2. First fifty ounces to be the most boring silver on the market. Lowest or no premium.
3. After fifty ounces, buy one tube of Eagles. In USA, Eagles = emergency liquidity.
4. At 100 ounces start the fractional layer (constitutional/junk silver).
5. At 150 ounces, add gold. Silver = accumulation.… See More
Gold = preservation.
6. Know the seller you plan to buy from. Investigate and research before spending $.
7. Build the system before the metal, not the other way around. System = safe storage, insurance rider, inventory spreadsheet, sell side plan.
Bonus Accumulation Points
Open a stand-alone bank account to be used solely for electronic fund transfers when purchasing precious metals, crypto currencies, gemstones, and similar items.
Never violate the prime directive. Never buy on credit. Always know the ASW of coins.