Big Stack, this is pretty impressive, congrats buddy. I know how much satisfaction you got out of laying it all out, and seeing the hard work and sacrifice in front of you. Sure beats numbers on a screen.
Big Stack, this video is a run away freight train!!!!!! Congrats buddy, this thing will be at a quarter of a million views before you know it. Let people understand, and be aware, living below your means, saving the difference, and steady buying = a stack like you see here.
+rhino2960 Te-he you're really funny! XD Even I'm looking at everyone to see which ones are not perfectly upright!!! He has done a pretty OCD-good job!!! Ta ha ha
Our planet is dying. Among many things, 'Hoarding & Saving' is part of humanity's problem. This instinct to 'grab and keep' as much as we can "just in case" is fear driven, and far from the loving approach of learning to live in harmony with our environments, having faith that the world will p[rovide, and taking only what we need. I clicked on this link because I didnt realise people have their own piles of metals and I was fascinated to see it. Im not judging you bigstackmcgee, just stating my take on things. Thanks for sharing, you clearly take great care in your collection
I would argue that if you truly believe the "planet is dying" than saving is not the reason. It would be overconsumption, or the opposite of saving that would cause this. Saving is actually the green thing to do when you think about it for longer than a Bernie Sanders sound bite.
I like to collect the shiny stuff for enjoyment beside just an investment. you have to love it and care for it. keep it shining and safe for the future, kids grand kids...imagine taking out a suitcase full of silver and gold 25-30 years from now and show your grandkids?? how f $@/&g Kool is that??? that's priceless to me.
Fuck man....I would just stare at this for hours everyday. I was so proud of you, until you said your wife helped you out with this. You're a brave man to let a woman have access to this.
Bigstack, I should say that this exact stacking video is the first one I ever watched and also the one responsible in part for my initial interest in stacking. I too have been a saver for years , live below my means and subsequently have a fair start on my own amature stack. Tks for the motivation !!
I love watching stacker videos, which is where I learned the term "security through obscurity ". If no one knows you're stacking then no one will come looking for it.
With the insane increase in dolar printing, the value of these coins grows daily, it might not show imidiatly but when the $ buble pops u will be a rich man.
The problem with this line of thinking is that if that actually happened, prices would skyrocket in real terms for everything you need, even in silver/gold or foreign currency. During rampant inflation, price controls are nearly always implemented and then there are huge shortages of the goods protected by price controls and their REAL price goes through the roof.
tarstarkusz Still better to hold gold than USD when that happens. Keep in mind if the dollar fails the WORLD will seek an alternate reserve of value and the value of gold will skyrocket.
I was thinking that as well. The value of the U.S dollar is decreasing. I want to invest in gold and silver one day, but I have to save up the money. I will buy my first once of gold next year :)
I love seeing a stack of silver like that. That's one hell of a stack to build in one year, Congrats! Not sure if I could put that many "eggs in one basket" but it's nice to look at. I would recommend buying coins with some numismatic value so you are protected from the rise and fall in silver prices and not invest purely for bullion silver content.
5 years later silver at 15 bucks an ounce I find this comment funny cause 5 years ago silver was much higher ....not that its a bad investment just a buyers market right now....and the poor guy who made this video got his silver at the peak prices! Keep holding and Im buying!
WarlordX7 Depends on where you buy, and how much. The best buys are always in bulk. Tulving company was my choice until this year. NO ONE beat his prices.
Beautiful collection!! I'll be posting my one year stack video next week, it's nowhere near this caliber but its a start in the right direction. Keep up the great work and all the best in 2014.
OMG!!! Great job bud! That is what Im talking about! Whoever said ALL americans are stupid spenders should talk to you....you are a prime example of what ALL americans should be doing! I applaud you! Great job!!! Keep stacking my friend! When the SHTF....you are going to be somebodies BOSS!! (or several peoples BOSS)
i do admire the effort this guy is putting into it but if everyone did this, the US ecenomy would fall in weeks. People need to spend money to keep the economy healthy, but they dont have to over spend.
I think the economy needs a lot more than what I can do for it. What good will my few dollars do compared to the grand amount of quantitative easing and the purchases based on credit that many others make?
Mattias Svensson Naw, brother....if the US were to be the producer of goods like it use to back in the day when we use to produce everything from TV's to clothing, maybe then it would be reasonable smart to spend in order to keep the economy strong...but now, when you spend, your making CHINA rich....because if you look around...EVERYTHING is made there...Not in the US!
Awesome video! A shout out to all the Silver community... I have really enjoyed all your videos and it has inspired me to make my own video. Thanks again Big Stack!
Reading the comments insures one thing that not a single person understands what correlation between currencies and precious metals. It is an insurance. No zombies, no end of times bull crap. Please look back at every single monetary catastrophe in the 20th century and your answer will astound you. Your portfolio shoukd
I keep replaying your video, bigstack. Very inspirational what you did in only one year. Unbelievable job. I will have to double my effort in finding creative ways of getting PMs just to match your pace. Thanks again...
I was debating on weather to put $50 dollars a paycheck into my deferred comp plan at work or buy an ounce or two of silver every two weeks instead. With the threat of the government seizing retirement plans, Silver it is.
politicalsheepdog In which country? lol not in mine. Plus in its current state I find the entire concept of taxing Bitcoin as laughable. But more Importantly with the global economy in its current state. Anyone who's thinking of increasing their physical gold and silver holdings can surely afford to throw a fraction into Bitcoin. I'm aware its a complex new ecosystem and everywhere you look in mainstream media it would make it seem like Bitcoin is in chaos. But I take no notice of the talking heads. Bitcoin is the internet in 1999 :) What ever happened to that internet thing? Surely was just a fad ;)
politicalsheepdog In the U.S if I was to buy Silver off someone in person exchanging physical cash for physical Silver does this have to be declared anywhere and is tax expected to be paid? Because I have done thousand of dollars worth of Bitcoin trades in the last few months in person with cash. How is my government supposed to even know I have Bitcoin of which to tax lol?
Bevin Holder If the transaction is on the net I'm sure they will be reaching out their tentacle of power out to bit coin soon. A face to face transaction of Silver for goods a services is barter and there is no tax.
If a person bought $1,000 of scrap silver in December of 2004 it would have cost $6.41 per Oz. If the same person looked at selling in December of 2014 (ignoring ALL the highs, peaks and troughs that occured during this ten year period) it comes in at almost $17.00 per Oz.. Which would equate to X2.652 his intitial investment over the ten year period. In real terms, his $1,000 of silver would then be worth £2,652.10 in December 2014. I call that a good return given the nature of the 10 year gamble. What this doesn't take into account is that in the first third of 2010, where there was a ten year high of $48.48 per Oz, which then fell to $34.00 then climbed steadily for the next few weeks before peaking again at $44.00. Had the person sold any time within the mid-term of 2010 he would have had a return of at least $35.00 per Oz.. In that scenario, the same person's invenstment of $1,000 would have been $5,460.21 From 2004 to 2014 there have been peaks and troughs. Silver has steadily fallen in price within the last 4 years. It depends how you look at it, but I wouldn't feel too hard done by to turn $1,000 into $2,652,10. It beats inflation, that's for sure, and I wouldn't say that I lost anything for obvious reasons.
StaffSgt Silver The whole point of my comment is that the price of silver fluctuated over that ten year period in time. Silver, like gold, fluctuates in price (obviously) and I looked back at the ten years from 2004 and onwards to December of 2014 where, even at a considered low, there was a 150% profit to be gained for the 10 year hold even then; not a bad profit, I'd say. Nothing says that it will not do the same over the next 10 year period (for those who feel that silver isn't worth a gamble) and that is the ONLY point I am making.
Lot of people talking shit on here, everyone is an expert these days - But no one has manners. I appreciate you educating and showing us your year worth of sacrifice and commitment. I think you have a very impressive collection and I am sure you will do well on it when the time comes to move it. Thanks for sharing!
Damn Bigstack, that is just an awesome stack! I am loving on your bar collection. Thanks for putting that all together and showing us. I'm sure it was a TON of work!
wow thats really pretty .....very shiny I have about 5 silver eagles 3 one ounce bars..and maybe a dozen Kennedy half dollars....but now making coin silver rings for gifts.....but I live on 10 acres with fish in the pond out back and a well
Damn bigstack now that is impressive. I am loving those bars bro. I cant believe all that you have aquired! You set the bar high my friend and i cant wait to see what the new year brings you! If i dont write on another video of yours you and your family have a blessed chrismas and keep on stacking!
Big Stack, I can't imagine the work you had to go through to make this video. Especially having to fetch your stack from various locations. I too have PM's stashed in various locations. I wouldn't even know how or where to start in making a full stack video. I would probably have to do it in parts and sections. You really did a great job on the video. As alawys, thank you for ALL your great videos.
yea when you count the ounces still doesnt seem like much until you lay it all out then you get a real feeling of accomplishment good job keep stacking
BigstackMcgee I hav silver I recevd as gif but dis was back wen it costed 40pus a onse n now as I rite dis it 16$ sumting wtf ??? wat shood I do ? do u tink d pric wil go up or jus plumit like aftar 1980 wen it droped frum 50$ 2 singil digits 4 ears n ears
Apocalypse Wolfman its ganna go down cause silver is being mined out of the ground in large amounts it will fall way down but if the dollar tanks it will go up up up
bigbassjonz Too common, more than likely it will be 5.56, 7.62 and .45 rounds that will be worth the most to anyone who values being alive. 22's are nice, but a cheap can of it and a revolver will keep you in small game for atleast 5 years. The valuable rounds will be the ones that all got used up by those using them most effectively, and the military guys will go out of their way to get those rifle rounds and horde them, driving the price up in the market for anyone who's interested. Potatoes & chickens will net you good money though, a constant renewable source of food between the eggs, the potatoes and the older chickens who are best sold for the food. Hell, even if the chicken get a little inbred and... weird lookin... food's still food.
there are laws passed. gov can take your surplus food.. and they will take surplus ammo... and they take silver and gold... basically, the only thing you need is salt..... if you can't figure out why, then good luck surviving.
And toilet paper would be valueable. But money has a nice shelf like and food doesnt. But yeah silver prices got inflated so alot of tards got ripped off.
Incredible job BigStack. I only managed to save about ~300oz Ag but when I look at where I started with my first purchase of 3 silver maples, I'm pretty grateful to be here. Looking at your savings is giving me an itch to get going to 2014. Good fortune to you and all fellow stakers in 2014 and may it bring savings acquisitions beyond your wildest imaginations. *raises glass* to 2014!
Lets start a new string that last one has over 100 comments Silver today is $17.11 the day this was up loaded it was silver was $19.05 down 10% ($1.94) in less than a year~~ Damn that has got to hurt BTW is case you have never noticed Silver is only a copy cat and mimics whatever Gold does. It is currently priced way way above its value in the commercial arena
***** Go to realtor.com put in your zip code filter out land mobile homes and condos sort by price see if you can find anything that pencils out by dividing the gross monthly rent by the gross purchase price if it works out to 0.015 it is a go 0.015 is 1.5% per month or 18% per year on the purchase price.... if you find a 0.02 it will pay for itself in just over 4 years once your property is paid for free and clear with the rents you can start to use the rent to by this stupid silver and then drool all over yourself. OR you can save it up and buy another rental like a smart person. Silver will not support you through your retirement but a rental will give you a monthly stipend
***** Johnny you are right in one respect you get a triple net lease on commercial and they take care of the toilets, the windows, the land scape and etc. but when you first start out -- the real money is in the residential... more bang for your buck as they say. after you have "made it" you can sell your residential and buy commercial or just start buying commercial. "if it was easy every homeless guy would be doing it."
a gump So the sad part is about the 50 years you only get to go through this live one time the Government averages your age at death to be 72 right now (that's an average) of let's say you start your silver investing at say age 21 and you keep buying until you are 31 then you sit back to see what happens the next 50 years------ eeeeeeeeeeeeeeeeeeeeeeeee all of a sudden you are 72 years old and still have your silver- while on your death bead you call a Bullion Dealer to your bed side to sell him your silver and he give you a check which you can then have someone put in the bank tomorrow and then wait 5 days to cash. Wow- I want some of that investment. Buy a rental property work hard and each month it will spit out a little golden egg for the rest of your life which you can spend while you are NOT on your death bed.
First off to ppl who want to criticism lets say that's 20,000! There is not shit you can do in realestate with that and own anything? Do you expect him to use his 20 grand to get in debt and lose everything?... Ooo smart ass you don't own your house unless it's paid for. They will take it. Stocks that pay dividends? I got stung by that scam, when the market crashes and it always does in history so does the stocks and you lose money. With silver and gold if the price falls he still has his gold, after he is gone 100 years from now his family can pass down his collection that in 100 year should be worth a fortune just in age! His gold and silver will last forever.
Stocks have been a global market that have made plenty of billionnaires over the years, you obviously invested in the wrong things. Maybe you didn't research properly before investing, I don't know. Precious metals are not exactly safe either. Didn't gold lose 33% of its value in 2013? The value of gold will rise over years of course, but not always enough to keep up with inflation. Who knows, maybe in 10 years a new synthetic material will be invented that can totally replace gold and render it worthless. 20k can get you started in property quite easily. It can get you a small property that has rental income, or it can get you land that can also possibly rise in value. I personally do not invest in either of these ways, the returns are far too low and slow coming. My CFD on the gold market netted me a 20% profit in the first 5 seconds of trading after Russia invaded Ukraine. 2 days later when they retreated, I anticipated the move and made a further 10%. The people who stack metal like in this video have made maybe 1%...
You only lose money when the market crashes if you sell at the bottom like an idiot which from what you wrote I can tell you did. If you hold on your will regain everything in a few years and then it will continue to rise. Obviously you have no background whatsoever in finance.
sam raven Plenty of large funds are still investing and/or invested in the commodities market. In fact, almost all of them bought gold when Russia invaded Ukraine. Obviously this conspiracy that you speak of is a load of bull just like all other conspiracy nonsense. One crackpot is saying it is a fraudulent conspiracy yet plenty of people are still trading billions on the market.
flatbg1 You can also lose money if you leverage too much and your broker closes out on you. Stocks are also not like commodities since companies can go bust very quickly and never regain their worth. Much more volatile than metals. I took a pretty big hit recently when gold fell from 1390 to 1290. I'm sitting it out though and waiting for it to rise again. I'm in it for the long haul, maybe a year or two. 150% profit is my target :)
KEVIN CHURCHILL Really? Only 40% interest per year? No middleman and no commission? You do know that solid bar investments come at a premium above spot price right? I might pay commission to a middleman, but I dont pay any premiums and even more interesting, I can make WAY more than 40% interest a year. When the price went from 1290 to 1390 in 3 months, I doubled my money. How much did you profit with your solid investments? Let me guess, you still have them after the price came down again? Couldn't sell them fast enough? I could.
I would never in a million years show my collection all over RU-vid, you are putting yourself out there as a mark. I hope you have a Glock 19 and a Mossberg 500 at the ready
BigstackMcgee excellent, I just started about 2 years ago and I've amassed quite a collection. Yours is impressive, I am vesting about $300 a month in silver. I have a lot of 1/10 gold pieces. I have one $20 Saint Gaudens and one $50 Saint Gaudens and I had them verified as pure gold. I only buy from One Source. Keep adding to that collection, the black market will establish itself overnight and that collection will buy you a lot of what you are going to need very soon. Cheers
***** It's all strategy, planning, and keeping to them to execute them properly. I know if I do ABC and 1, 2, 3 happens as a result, It is just a matter of time until I reach the end. It all depends on how quick and effective it works. A few things have to happen that I hope pan out, but if they don't, I have contingency plans that are actually better than the initial plan, but delays it by one year. My strategy largely relies on real estate. But once I get to the point I can quit my day job, I'll be starting up another business in media productions. Too many people rely on just one solution and hope it pans out.
+Remrie Arrie (Duckshorts) The only thing, not only from the economist, but also from Naked Economics (the book) is:.... ...Let your fucking broker do it. They've been in the job and have trained for this, not only is it in their best interest that you do good, but it is also for your best interest.
The vendor is basically the broker there who profits like vendors who convert currencies. Just an FYI. Usually you have to factor in a sizable margin to account for what they take out.
Are you just sick or not..... 850 ounces purchased over the year of 2013 when Silver started the year at $30 averaged $23.75 and ended the year at $19.50 Today it is just under $19.93. Using 2013's average (see Kitco dot com) you have lost $3.82 per ounce less commissions. and less coin protectors X 850 oz. probably talking a total down of over $6/ounce Holy crap. Sorry you fell for all the RU-vid hype.
No loss because nothing has been sold. That's why dollar cost averaging is such a useful strategy. Silver and gold are on sale right now compared to when the year started. Every dollar spent to accumulate metals now brings more home. Personal cost per ounce falls dramatically, and I rest easy in the (decades) long-term strategy that I have.
so sad there is enough there for a down payment on a rental duplex that will pay for itself and bring in income for the rest of your life - while the silver just sits in a pile (stack)
HE LOST NOTHING!! you are talking DOLLAR VALUE!! who cares about dollars? They are GARBAGE!! TOILET PAPER!! BACKED BY NOTHING!!! in the end we (silver stackers) are not going to trade our silver for Dollars...we are holding this stuff to hedge against inflation! So silver can go to 2 cents...it doesn't matter....It will still hold its value for goods and services when the SHTF!! Get your head out of the sand and LEARN!!!!
Letsgetphysical---- I think that "inflation" does not mean what you think it means. A dollar is a dollar no matter what the price of things are..... as the price of things increases (but the value stays the same) then it costs more dollars to trade for the things. This is inflation. Now that you have a cursory understanding of "inflation" --- notice this It now costs more than twice as much in silver to buy the same amount of dollars. or in other words Silver is only half the cost in dollars-- that is REVERSE inflation ( at least for silver). GET IT. so if silver ever does get to "two cents" That is the day I will buy a thousand ounces for only $20.00
Reverse inflation? You mean deflation? Jesus somebody get this shill an economics 101 text book and throw him a few paper dollars to STFU in the mean time. Get a life bro...
Dude what an amazing stack. Not only amazing for getting that much in a year but getting that much period. Wonderful variety and cant wait to see what the next year brings. Thanks a lot for sharing and taking the time to set that up for us all.
Amazing my friend. Great job and congrats on this outstanding stack. Very divers inspiring. Thank u for sharing. Ps. Where else can we buy the canvas bags??
Very nice. Sometimes i feel like i need LOT more lol when its in the safe it doesn't look like much BUT when its layed all out its way more then you think lol. Stack on my friend.... thanks for sharing.
I can't decide if I am more impressed with the stack itself, or your mad organizational skills in neatly laying it out! Great work, and some mad stacking for only a year. Super congrats.
YIKES! silver is trading today at $19.60 (4-21-14) back in March of 2008 it traded 1/2 the month at over $20.!! ! ! ! ! ! 6 Fircken years ago... how long is the long run??? Every thing else including real estate is moving forward and PM's are moving backwards
just so you know honey--- they really don't print money-- they sell bonds... you buy the bonds and then they have more money.... So in a way they are just borrowing your money... and not printing new money--- a concept most of the silver heads can't conceive But in any case Silver was at $55 on Jan 21's at 11 am in 1980 and it has never made it back. if you are lucky you only have two 34 year terms in your life to wait for something to happen to silver. In the mean time inflation has beaten the crap our of $55 silver
careful what you blaspheme :D strike their silver god too much and the culties will weep :'( i mean, it's not an "investment" or "hedge" to them, it's a cult. They'll pour their blood into it no matter what happens to it...