Saturday, June 27, 2015

Coincast Episode 1 - Canadian Debt, Coin Roll Hunting Endgame and Silver Retirement Plan

Here is the first episode of Coincast! We have been wanting to do a podcast-like video series together for the past couple of months now and we hope that you enjoy episode 1. We are currently planning on doing at least two episodes a week, but if the feedback is positive we would be happy to do more.

In this first episode, we discuss the following topics:

  • Why Canadians are getting themselves into record debt
  • Whether you need to melt copper pennies or 99.9% nickel nickels in order to benefit from coin roll hunting
  • Whether silver is a good asset for retirement

We are more than happy to hear your views and opinions on any of these topics, so please feel free to leave a comment below. We hope you guys enjoy the discussion and kindly ask that you please like, comment and subscribe if you enjoyed it. Thank you as always everyone!

Sunday, June 21, 2015

Silver Stack Additions: 2015 Austrian Philharmonics and American Eagles

If you read our previous post, you know that we have not been able to add a significant number of ounces into our silver collection this past year. In 2014, we set a goal of adding 100 ounces of silver into our stack and we were fortunate enough to blow past that goal by the end of the year. However, for 2015, we determined that we would not set a number of ounces to aim for but instead looked to add what we could here and there.

We started the year off very slowly with no significant purchases until only recently when we added the 2015 Somalian Elephant 1-ounce silver coins, which we are big fans of. However, those 4 ounces aside, we did not add any other silver this year.

But we are committed to continue to stack silver for the rest of 2015 and we took a step in that direction with a recent silver purchase. We were able to add 8 more ounces into our silver stack by purchasing 4 1-ounce 2015 American Silver Eagles and 4 1-ounce 2015 Austrian Philharmonics. It feels good to get back into the action on the year. As I mentioned in the video above, we are big fans of both of these series, and as far as adding lower premium, government issued bullion, the Eagles and the Philharmonics are our go-to coins. Not only can we get them at relatively the same price that we can get the Canadian Silver Maples, or at different times even cheaper, we are big fans of the design of these coins and think they look great. The Philharmonics and Eagles help us to lower our dollar cost average and we hope to be able to add a few each purchase in order to ultimately fill a tube of them.

This recent silver purchase has brought our total ounces for 2015 to 12 ounces. That certainly is a small drop in the pan to many silver stackers out there, but for us it represents another step in the right direction in our humble opinion and keeps us motivated to continue upon this path for the remainder of the year. We don't know where we will end, but we are confident that we will be in a better spot at year's end than at its start.

Thank you all for the support as always and please let us know how your 2015 silver stacking goals are going or whether you have made any silver purchases recently.

Tuesday, June 9, 2015

Our Direction and Plan for Coin Roll Hunting, Silver Stacking and Podcasts

The past few months have been difficult for us in terms of our goals in regard to stacking silver and coin roll hunting Canadian nickels. The necessity of having to focus on the traditionally considered important aspects of life that we all have meant that we had to put our silver stacking and nickel coin roll hunting on hold. However, we love silver stacking and coin roll hunting, and more importantly, we love sharing our journey in these respects with the amazing communities that have grown around these topics and the great individuals who we have the pleasure to engage with on YouTube and through social media.

That is why we are now taking the opportunity to refocus our silver stacking and coin roll hunting goals. Further, we have also committed to doing podcast-like discussion videos two times a week, which we hope to be able to use to discuss the topics of coin roll hunting, silver and gold stacking and economics more generally. It may not come across in all of our videos, but we are avid lovers of economics and history and the discussion videos should be a great outlet to be able to engage these topics more fully.

In terms of coin roll hunting, our goals are a bit more definable. We are hoping to be able to coin roll hunt through two $100 boxes of Canadian nickels every week. I believe that now is a great opportunity to try to get as many 99.9% nickel nickels as we can as there is the potential that these coins might not be available in significant quantities for much longer. Therefore, we will commit to making a push to hoard them and two boxes a week should be a very achievable goal for us. Finally, we do not have a set number of ounces that we would like to add into our silver stack for the rest of the year, but I think we have a number of purchases left in front of us in 2015 and I am confident that anyone following this blog or our YouTube channel will enjoy the additions as well.

That is the rest of our 2015 in a nutshell. We are definitely excited about being able to get back into our favourite hobby of coin roll hunting as well as making more consistent silver additions and we are excited to add a little more discussion in between the hunting and stacking. Thank you again to everyone for sticking with us over the past year and we hope you enjoy what is coming.

Have you made any recent silver purchases and had success with coin roll hunting recently? Please feel free to let us know in the comment section below as we always love hearing the results that others are having as well.