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If you are new to the metals scene, or a seasoned veteran, here is a great breakdown of the types of members we have in this community. Please note that none is better than the other. They are all valuable and integral to the growth of this market, and the continued education and success of the future members.
#silverbullmarket #preciousmetals #silverhusky #v75
WHO ARE SILVER STACKERS?
Silver Stackers are Silver collectors, but they go above and beyond standard collecting.
Some stack because it is a store of wealth while others use it as a system to stockpile all their Silver. Some stackers like the notoriety of collecting Silver in larger quantities. Some others stack Silver as a hedge against an economic downturn. The motivations differ, but there are reasons that make it relatively simple to become a Silver Stacker.
A numismatist is a specialist in numismatics (“of coins”; from Late Latin numismatis, genitive of numisma). Numismatists include collectors, specialist dealers and scholars who use coins in object-based research.
What Is a Silver ETF?
A silver exchange-traded fund (ETF) invests primarily in hard silver assets, which are held in trust by the fund manager or custodian. Established typically as grantor trusts, silver ETFs allow each share represented by the ETF the specific right to a particular quantity of silver, measured in ounces.
A silver exchange-traded fund (ETF) invests primarily in hard silver assets, which are held in trust by the fund manager or custodian.
Seen as a hedge against inflation, exchange-traded funds in precious metals, like silver, became popular.
ETFs allow for greater liquidity than holding the metal itself, are readily traded, and are more accessible for individuals than the futures markets.
Understanding a Silver ETF
Silver ETFs aim to track the spot price of silver on the open market as closely as possible.
Time Stamps:
00:00 Start
00:43 The Collector/ Numismatist
02:40 The Stacker
03:54 The Investor/ Flipper
06:17 The Overlap
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DISCLAIMER: On my channel, I may speak about precious metals, cryptocurrencies, tokens and/or other “markets,” and current events. I am not a financial adviser and do not charge anyone for my videos/opinions, this channel is for entertainment purposes only. My views/statements are merely my opinions that I have formed on my journey. You are responsible for your own stacking, trading, investing, etc. Please do your research. I am not responsible for your actions.
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