What Kinds of Silver I Buy

Key Concepts

• Instava: A platform for holding gold in a vault at Brinks.
• Brinks: A secure storage facility for precious metals, guarded by armed personnel.
• Spot Price: The current market price for a commodity, like gold or silver.
• 1,000 oz Bars: Large denomination bars of silver or gold.
• 1 oz American Silver Eagles: Popular one-ounce silver coins minted by the U.S. Mint.
• Gold Eagles: Gold coins minted by the U.S. Mint.
• Silver Bars: Physical bars of silver.
• Mint Cases: Sealed packaging from the mint, preserving the condition of coins.
• "Pet Rocks": A colloquial term used to describe a personal, long-term investment strategy for physical precious metals.

Personal Investment Strategy: Physical Precious Metals

The speaker outlines their personal investment preferences, focusing on the acquisition and storage of physical precious metals. The core of their strategy revolves around tangible assets held outside the traditional banking system.

Instava and Brinks Storage

A primary investment vehicle mentioned is "Instava." This platform allows individuals to hold gold in a vault managed by Brinks. Brinks is described as a secure facility, explicitly noting that it is "guarded by guys with guns." The speaker emphasizes that Instava aims to offer prices "close to spot" because the investment is in "interest in 1,000 ounce bars of silver or gold." This implies fractional ownership or a direct claim on a portion of these large bullion bars. A key distinction is made: "it's not part of the banking system."

Preferred Physical Holdings

Beyond Instava, the speaker details their preferred physical holdings:

• 1 oz American Silver Eagles: This is identified as the speaker's "largest allocation of silver eagles."
• Gold Eagles: These are also held.
• Silver Bars: The speaker possesses "quite a few of these," specifically mentioning "100 silver bars."
• Silver Eagles in Mint Cases: While silver eagles are the largest holding, the speaker specifically highlights those kept in their original "mint cases." These are described as "great" and the advice is to "Leave the straps on them. Don't open them. They're uh sealed from the mint they come from." These are humorously referred to as the speaker's "pet rocks."

Rationale for Storage and Investment

The speaker contrasts their approach with traditional banking, stating, "I laugh all the way to Brinks because that's it's not part of the banking system." This highlights a preference for assets that are not subject to the same risks or management as traditional bank deposits. The emphasis on Brinks storage underscores a commitment to secure, physical possession of assets. The term "pet rocks" suggests a long-term, perhaps less actively managed, investment philosophy for these physical holdings, implying a belief in their enduring value.

Conclusion

The speaker's investment strategy is centered on acquiring and securely storing physical precious metals, primarily gold and silver. They utilize platforms like Instava for gold storage at Brinks, a high-security facility, and directly hold American Silver Eagles, Gold Eagles, and silver bars. A particular emphasis is placed on maintaining the integrity of silver eagles by keeping them in their original, sealed mint cases, reflecting a strategy that prioritizes preservation and long-term value outside the conventional financial system.