My Best Tip for Stacking Silver Fast! It's So EASY!

Summary

In this video, the YouTuber Silver Dragons shares a strategy to rapidly increase one's silver stack by purchasing empty Monster Boxes from SD Bullion. These sturdy boxes, originally used by mints to ship coins, can hold 500 1-ounce coins and serve as a physical and motivational tool for stacking silver. The video discusses the process of filling these boxes with American Silver Eagles and Canadian Silver Maple Leafs, emphasizing the psychological boost of seeing a full box and the flexibility to stack different types of silver. The speaker also touches on the broader benefits of converting fiat currency into tangible wealth like silver, which retains its value over time.

Takeaways

• 🔗 The video is aimed at helping viewers increase their silver stack quickly by sharing a personal strategy.
• 🛒 The speaker suggests purchasing gold and silver online from SD Bullion, with a special offer for new customers to get gold or silver at spot price.
• 📦 The key strategy shared is the use of 'empty Monster Boxes' for storing and motivating silver stacking.
• 🇺🇸 Different types of Monster Boxes are available, each designed to hold 500 1-ounce coins of specific silver coins like American Silver Eagles or Canadian Silver Maple Leafs.
• 💰 The boxes are sold by dealers at a reasonable price after they have been used by mints and then cut open to sell the coins individually.
• 🌟 The speaker has personally used this strategy to fill two Monster Boxes, one with American Silver Eagles and another with Canadian Silver Maple Leafs.
• ⏱️ It took less than a year to fill the American Silver Eagle box and about two years for the Canadian Silver Maple Leafs, despite life events that slowed the process.
• 🏠 The video addresses a concern about the political situation in Canada affecting the desirability of Canadian Silver Maple Leafs for stacking.
• 🔄 The speaker advocates for a diversified approach to silver stacking, suggesting that not all items should be ones that are too precious to part with.
• 🌐 The video concludes by emphasizing the value of silver as a form of real money that retains its worth over time and can be used globally.

Q & A

What is the main topic of the video?

The main topic of the video is about increasing one's silver stack rapidly using empty Monster Boxes as a motivation and storage solution.

What is a Monster Box as mentioned in the video?

A Monster Box is a large, sturdy container originally used by mints to ship 500 one-ounce coins. It is later sold empty by dealers and used by individuals to store and organize their silver coins.

Why does the speaker recommend using Monster Boxes for stacking silver?

The speaker recommends Monster Boxes because they serve as both a storage solution and a motivator to fill them up with silver coins, which can encourage faster stacking.

What are some examples of coins that can be stored in Monster Boxes according to the video?

Examples of coins that can be stored in Monster Boxes include American Silver Eagle coins, Canadian Silver Maple Leafs, and other mint-specific coins.

How much does an empty Monster Box for Maple Leafs cost according to the video?

An empty Monster Box for Maple Leafs costs $12 according to the video.

What is the speaker's personal experience with using Monster Boxes for stacking silver?

The speaker has successfully filled an American Silver Eagle Monster Box in less than a year and a Canadian Silver Maple Leaf Monster Box in two years, using them as motivation for stacking silver.

What is the speaker's opinion on the importance of having a diverse stack of silver coins?

The speaker believes that not all items in one's stack should be ones they are 'married to,' implying that having a diverse stack allows for flexibility in case they need to sell some of their silver in the future.

How does the speaker suggest using the motivation provided by Monster Boxes?

The speaker suggests using the empty Monster Boxes as a visual reminder and goal to work towards filling them up, which can encourage saving money that would otherwise be spent on non-essentials and investing it in silver instead.

What alternative storage options are mentioned for stacking silver other than Monster Boxes?

Alternative storage options mentioned include Guardhouse boxes for junk silver and tubes for individual coins.

Why does the speaker consider silver stacking a prudent financial decision?

The speaker views silver stacking as prudent because it involves converting fiat currency, which may lose value, into real wealth in the form of silver, which has stood the test of time and can be used as money worldwide.