Stacking is Like Golf

Thu, Mar 20, 2014 - 12:10pm

Who needs some irreverence? Good, me too.

Golf is exactly like stacking. There are pundits aplenty that extol the virtues of the game, the relaxing nature of it, the serenity of the courses, the simplicity of hitting a stationary golf ball, watching it travel in flight, alight gently upon the grass, roll softly across the manicured green, and fall into the cup with that unmistakable sound.

But, in reality, golf is FRUSTRATING. It is super technical. It is maddeningly able to dishevel even the most humble of souls. There are countless tips, pointers, magazines, blogs, websites, etc., all designed to keep the average hacker out on the course. The golf product marketers are wizards at getting the average joes to buy the latest, greatest golf balls, shoes, clubs, tees, whatever, year after year, after year, while the poor slob hacker golfer NEVER, and I mean NEVER has a chance to improve.

What happens instead is the golfer HOPES to improve. "If only ________________." Fill in the blank. E.g., "If only I could take lessons and improve the driver . . . If only I could get better, more expensive clubs . . . If only I could get out on the course more often, instead of going to soccer games with the kids, or doing errands, or working . . . Etc." In the end, nothing matters.

Your same sorry lame excuse for a golf swing dooms you to perpetual mediocrity. But every once in awhile, you do manage to hit a great shot. That memory alone spurs the constant desire to play golf, with the irrational thought being that the entire round can be as good as that one, six deviation perfect swing.

How many missed two footers did you make on the last round? How many greens in regulation did you hit? Really, be honest, don't count the fringe as hitting the green. How many fairways did you hit? How many long iron shots actually hit the green and stayed on? How many balls did you lose, but not claim the stroke penalty, but took a drop to "speed up play?" See?


We stack, HOPING price will recover past the point at which we purchased the coins originally. We rejoice when there is a price spike, believing that today is the day we will have a significant price upswing, thus allowing us to reclaim our glorious reputations for financial genius, which were so aptly bashed during the price smashes of the past three years for sure.

I could go on and on about the comparisons, but there is one more point to this story.

Let us not forget that we chose freely to partake in this activity. We do so for reasons as varied as wanting financial security, to a belief that financial collapse is imminent. Some of us enjoy hunting down bargains. Some of us enjoy collecting different coins. Some of us enjoy the raw beauty of the precious metals simply because they are in fact precious metals. Face it, we enjoy the activity, for many reasons.

So, like golf, let us not be frustrated when price drops. Let us all be happy for engaging in the activity that has given us so many fond memories. Let us all remember that stacking is enjoyable, and that eventually, over time, the price of the metals, like the actual scores on the score card are not what matters at all in the long term.

It is the peace of mind and experience that have enriched us all. Remember that as things get crazy in the next few months.

Oh yeah, keep stacking.

About the Author


Mar 20, 2014 - 12:20pm


Can it be? I suppose I ought to post something with substance though...

Ukraine Gold
I recall a movie scene where a retreating group of para-military terrorists had just completed a skirmish and were low on ammunition. Their Cuban mercenary commander ordered the men to set their Kalashnikovs to single shot to preserve ammo as they ran away firing.

It appears that the bankers did the same thing the past two months from 1180 up to 1390 retreating and shooting just enough to keep the bulls from totally overrunning them as they backed off. Then they were resupplied with Ukrainian gold ammo, took a stand, switched back to full auto and started blasting away at the bulls.

Stacking and golf! I do enjoy the clink of metal on my desk just as much as the sound of a putt dropping into that cup. Its a fair comparison. Lovely, enjoyable vs. maddening and complicated. But the stacking part is easy with regular purchases that add up over time. Enjoy the ride. Our kids will sure be glad the old man was a stacker. I suppose I am doing it for them ultimately anyhow.

Mar 20, 2014 - 12:23pm

Fore!--but really third


stack till it hurts

Mar 20, 2014 - 12:25pm

Keeping One's Eye On The Ball

I know little about the game of golf and have a bit more experience with baseball, football and basketball. In all three and perhaps from this CL posting, golf as well, a critical dimension to success is keeping one's eye on the ball and the direction of the action. Checking long term charts or reading commentaries like the recent one for Alex Merk helps one place current and future purchases not so much as hitting a "hole in one", "homerun", throwing a successful "hail Mary" or making one at the buzzer, but keeping one's thoughts and activities aligned with the bigger picture. Currencies like the dollar should be used for day-to-day transactions but the long term direction is down for the dollar and up for gold and silver. Helps to remind oneself of that during a week like this one.

arch stanton
Mar 20, 2014 - 12:28pm


for the turd time in 2 days

edit : Now that I've read your piece Cal Lawyer, I agree stacking is just like golf for me. I played for twenty years and never once kept score.

Mar 20, 2014 - 12:33pm

Some golf advice

It's not how good your good shots are in golf that matters. It is how good your bad shots are that can make you a better golfer.

To put a stacking spin on that point. Yes, it is better to stack at $19, but $23 is better than $24. And $24 is better if you have none at all.


Mar 20, 2014 - 12:39pm



too pretty a day to be inside!

R man J
Mar 20, 2014 - 12:55pm

Massaging the Score (Stackers vs Bankers)

Stackers, when they golf don't take mulligans, they don't shave strokes off their score when their fellow golfers are looking the other way, they accept the penalty strokes, and their final score is really their final score.

Bankers, when they golf, always seem to beat stackers (not due to having better clubs - which of course they do) but rather because to them 8 means 6, and 6 means 4-- and their conscience does not bother them.

Stackers can only discover that Bankers cheat when partnering up with them in a Scramble Tournament. The banker will insist that his stacker partner cheat along with him.

Don't play their game.

Mr. Fix
Mar 20, 2014 - 12:59pm

Seventh heaven?

I stack in the hopes of preserving some wealth.

If I were to play golf, it would be for the purpose of pissing it away.

That's why I don't play golf.

I do find target practice relaxing however.....

Sound Money Minnow
Mar 20, 2014 - 1:26pm

Against the Wind

I find this song to be an encouragement to those of us that stack, and invest against the wind. Listen to the words, if you have the time. Some songs are timeless. Bob Seger certainly captured things that could be transposed into many areas of our lives. Best of everything to my Turdite friends. Just waxing sentimental as later middle age approaches.

Against The Wind - Bob Seger
Mar 20, 2014 - 1:44pm

I'm not a golfer, but I am a

I'm not a golfer, but I am a stacker. What I've learned from stacking is that if you buy by the monster box they're a lot easier to stack and don't require the gentle touch that golf and individual coin stacking entails. Now, if I just hadn't started when the price was in the $40's I'd feel a lot more relaxed today. But no matter, I'm in for the long haul so if it goes to $10 I'm still in. Then our heir can worry about the value.

Nevertheless, very good article CF. I always enjoy your writings, as well as all the others.

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