𝗥𝗜𝗣 𝗧𝗵𝗲 𝗢𝗚 Silver 𝗦𝘁𝗮𝗰𝗸𝗲𝗿

2TSj...cEUn

6 Jun 2024

186

I have been wondering if I should go and write this.
If I should share my journey into gold and silver just like I shared my crypto journey?
The thing is this Gold / Silver stuff is just a bit different.

Now Why is that you may wonder.
Well, it is kinda simple, I am not the OG Stacker.

As the title says the OG stacker is no longer walking on this floating rock we call Earth.
He went to hopefully greener pastures early in 2021, and I don´t know much about his stacking spirit.

Nor do I know why he split his stack between a good friend and me.
This good friend btw sold his stack recently to pay for a renovation, but more about that in a bit.

The OG Stacker Vision

The OG Stacker did not have much, not that he was poor just a bit mental. He had his life, his friends, and his bar called "The Pitcher." Where I will go this summer for the first time. If the place even still exists.

He loved comics, video games, and stacking silver.
It´s too late to even ask him why Silver.

But when he talked about it he was like Michael Saylor on Bitcoin.
There was fire, there was passion.

Now I have seen that same passion in this community, and that is exactly the reason why I kept lurking in the shadows.

I don´t know if I have the same passion.
But since the other part of the original stack got sold, I did notice something.

The Game Changer

I always consider myself pretty open-minded.
I can accept a lot and hey if that´s what tickles your pickle please go ahead and put the pickle in the pie and enjoy.

Of course, I get it. The guy was a friend, he has a girlfriend, they are a couple of thousand short on the renovation, and then you see silver go up like crazy. At least from a Bullion Market point of view.

So yes I got it, and he sold it.
Now he promised to pay for this year's food and drinks during the OG Stackers memorial party which is in June.

He said that the OG Stacker would have wanted it that way.
He might have wanted it that way, he might. We will never know.

What I do know is that I felt something, not sure if it was fire, passion, or just a hemorrhoid. But I definitely felt something.
Maybe I felt FOMO.....

I SOLD AS WELL

I felt like the guy might be on to something, so I took a look at the price:
He sold on the 18th of May just before the top of that first peak. I sold two days later, just after that first peak. The guy made me FOMO, or at least he piqued my interest.

Now don´t get me wrong, I did not touch the OG Stackers stack.
I am holding some shiny stuff in a vault in Switzerland or so they have me believe. Those holdings were 2/3 silver and 1/3 gold. But as I have some kilos of silver around the house, I thought it might be smart to swap some silver for gold for one simple reason.

And I might be completely wrong, as I am a Baby when it comes to these precious... but looking at the chart Gold seems a little less volatile to me.

Like swapping some ETH for BTC at the peak of the bull run. I wonder if it was a smart move but it´s too late to turn back now.

This was the first time I actually made a trade on Gold Republic, been slowly stacking there ever since they offered me $50 of gold for depositing $100.

Yeah, that sounded shady to me as well but they have excellent credentials and are fully registered, audited, certified, and insured and located in The Netherlands.
And while it´s fun to have a stack hidden in the house, it´s never a bad idea to spread the risk.

Back to The Friend That Sold

FOMO was not the only thing he gave me. He also gave me back a memory.
"Don´t sell it, it will go up."
Those were the OG Stacker's words when he told me that he was planning to leave me half his stack.

That was October 2020 with Silver at $777 the kilo. And he was right Silver went up 25% since then. Well, it is probably that the dollar has gone down 25% since then.
Anyway, he was right about that one.

Still No Clue

Still, I have no clue what started him stacking, but I think it´s exactly that hedge against inflation that made him put some money in his precious. And I have a clue why I think that was his reasoning.

He did not buy nice new shiny things, he mainly bought old Dutch Coins with Silver 72% silver in them.
Until I know a bit more I am going to assume that that was the profitable buy he could make because I was handed 5 of these bags.

They are not all equal in weight, nor do they hold exactly the same coins. But this is basically what he was stacking Dutch Coins with a high percentage of silver. And as the other part of the stack got sold, quickly and easily I know they are good as gold.
That was the first package I got, first in a series of five. Five net kilos of silver, unpolished and raw. Well, at least when I received them.

1389 grams of coins, all made up of 72% silver each plastic bag holding one kilo of Dutch silver. Coins that 65 years ago were used by people paying for their groceries are now held as my last line of defense.
Because I ain´t selling.

Not Sold

I am certainly not sold on the idea of selling my stack. And for the moment I don´t have to.
I was asked not to sell by the OG Stacker, and I will keep that promise a bit longer. His stack is safe with me, and his stack is to keep me safe.

What do I mean by keeping me safe?

My stack is what keeps me alive when everything else fails.
When Medicine, Water, Food, Seeds, Gold. and Silver once again will be what keeps the economy going. The Doomsday Economy, the economy that has to do without a global network of banks, ATMs, or even the Internet.
A world where Dollars & Bitcoins are worthless, where money no longer flows from walls. In that world, we will soon be back to trading goods for real assets.

If that day comes, what are you gonna trade?
No fuel, no electricity, what have you stacked that allows you to survive going back to medieval times?

My Doomsday Stack hopefully will not be needed in my lifetime, but at least I have a Plan B, and it makes more sense than Plan B.

A plan B I only recently thought of, A Plan B that never crossed my mind till a year ago or so.
I wonder if that was the idea behind the OG Stacker starting his stacks. But I guess I will never know, or at least have to wait til I meet the OG Stacker, my Brother again in the hereafter.

Bikini Bottom Line

That is how my stacking story started.
Now that something has been ignited I probably drop in more frequently, as I will keep Stacking for Doomsday. And I have some better pics of the shiny stuff, but hey you should never show your full stack the first time you meet.

Thank goodness you made it till the end Pees, Love and I am out of here!