Florida Coin Shop Owner Talks About What Could Happen To Pricing IF Silver Goes $40 + |

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  • Опубликовано: 4 окт 2024
  • Florida Coin Shop Owner Talks About What Could Happen To Pricing IF Silver Goes $40 + | #Trending
    Serving central Florida for over 8 years, Vermillion Enterprises is Spring Hill, Florida's premier coin shop and gold dealer. Always buying and always selling coins and precious metals like silver, gold, platinum, palladium, and rhodium.
    Give Vermillion Enterprises a call at:
    (352) 585-9772
    Visit our Spring Hill coin shop, located at:
    5324 Spring Hill Drive
    Spring Hill, Florida 34606
    Monday - Friday: 9AM - 4PM EST
    Saturday: 9AM - 2PM EST
    Sunday: Closed
    To learn more about Vermillion Enterprises visit our website at:
    vermillion-ent...
    Shop our new online coin shop at:
    springhillcoin...
    Must Know Formulas For Silver & Gold Stackers:
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    Payment Via Cash, Check, Wire, Zelle.
    #JunkSilver #Gold #Silver #Cash #VermillionEnterprises #Vermillion #SpringHill #Florida #AmericanGoldEagle #SilverEagle #SilverBar #SilverOunce #Kitco #Apmex #Coin #MorganSilverDollar #SilverDollar #PeaceSilverDollar #Krugerrand #MapleLeaf #Cashforgold #JMBullion #SilverTowne #Engelhard #Platinum #Palladium #Rhodium #NGC #PCGS #ICG #ANACS #Currency #investinyourself #silverstacking #silverstack #goldstacking #coinshop #coincollecting #numismatist #numismatic #investing #investor #ideas #knowledge #recession #inflation #smartmoney

Комментарии • 79

  • @vermillionenterprises
    @vermillionenterprises  3 месяца назад +8

    What say you?

    • @JFEnterprize
      @JFEnterprize 3 месяца назад +1

      All depends on what you say here 😂🎉❤

    • @Abraham.Lincoln22
      @Abraham.Lincoln22 3 месяца назад +1

      Happy Monday fellas. 👋

    • @PoorMansInvesting
      @PoorMansInvesting 3 месяца назад +2

      The volatility of 2011 top was crazy. The week heading into the high was an easy call for me. $4+ in a week, I just knew was too much.

    • @scotttousey227
      @scotttousey227 3 месяца назад +1

      Yesterday the Indian government stopped using the petro dollar how long will it take for the value of dollar to go down and wouldn't that mean metals would go up sooner than later

    • @vermillionenterprises
      @vermillionenterprises  3 месяца назад +1

      @@scotttousey227 time will tell, will be interesting

  • @JC-Jason-DK
    @JC-Jason-DK 3 месяца назад +12

    Always can count on the most informative honest information here thank you.

  • @markscarupa4713
    @markscarupa4713 3 месяца назад

    TY

  • @honda_doc6826
    @honda_doc6826 3 месяца назад +7

    Thanks.

  • @RudyHermes
    @RudyHermes 3 месяца назад +7

    Good job thank you

  • @mikebrewer5758
    @mikebrewer5758 3 месяца назад +10

    Thank you for the heads up. As precious metals climb in price. People with bad intentions sadly are going to become more prevalent.

    • @mikebrewer5758
      @mikebrewer5758 3 месяца назад +1

      @@JP5466 I have heard of this being done.

    • @0004612
      @0004612 3 месяца назад +1

      @@JP5466agreed. Wish I hadn’t bought ten ounce bars in 2016-‘17.

  • @kertbert1
    @kertbert1 3 месяца назад +1

    Seems to be the only guy telling the truth. Thank you and God Bless you!

  • @medhead964
    @medhead964 3 месяца назад +5

    Great info, I'm assuming no premium changes since the last update?

  • @silversleuth007
    @silversleuth007 3 месяца назад +1

    Dang! Owning a coin shop sounds extremely stressful.
    I'm glad that they exist, though.
    Thank you for sharing your knowledge and opinions.

  • @holdfastjoe8841
    @holdfastjoe8841 3 месяца назад +7

    The scammers have even paid for advertising and sent people to their fake websites to get your money.
    I lost a little bit of money from an ad scam. Not a big deal, but I was surprised by it as it was very well done, looked legit to me until a few days after the links were all dead and realized I wasn't getting the cool gadget I thought I was buying haha

    • @vermillionenterprises
      @vermillionenterprises  3 месяца назад +4

      its has become ridiculous

    • @scotttousey227
      @scotttousey227 3 месяца назад

      ​@@vermillionenterprisesyes and a liar and theif goes hand in hand it's terrible they get away with these scams have a good day probably see you soon again

  • @phildoherty3534
    @phildoherty3534 3 месяца назад +6

    You have GREAT info, I hope all the copycat 'GRIFTERS' get lost, and don't ruin a good thing for their personal GREED !

  • @mikehoward3489
    @mikehoward3489 3 месяца назад

    Do you charge sales tax when you ship to MinnesotA?

  • @JALRML1251
    @JALRML1251 3 месяца назад +7

    I've noticed the spam. It's often obvious when a comment get like 20 responses as to some wonderful investor where they make 300% etc. Spammers are taking others video clips, click bate at best, pernicious at worst. Anyone who follows you will immediately see through spammers/thieves.

  • @steveb855
    @steveb855 3 месяца назад +4

    FB wont delete reported scams... "does not violate our standards".

    • @turokforever007
      @turokforever007 3 месяца назад

      RUclips adverts are mostly scams and they don't care

  • @Chiligumbo1
    @Chiligumbo1 3 месяца назад +6

    Just so u know they, the scammers, can also clone a phone number. Gotta be sure who u are talking to. They seem to clone a certain pay app.

  • @coloreye7963
    @coloreye7963 3 месяца назад +3

    lol! I saw the hack yesterday with the what’s app number. Smh. F them. I’m so tired of dealing with the scammers.

    • @vermillionenterprises
      @vermillionenterprises  3 месяца назад

      us to...they are everywhere though unfortunately

    • @mattmatt6572
      @mattmatt6572 3 месяца назад

      I'm surprised enough people fall for it for ot to be worth them doing it.

  • @T3TerTerTer
    @T3TerTerTer 3 месяца назад +1

    Thank you for the info. Crazy things people try to do.

  • @Johnsmith46392
    @Johnsmith46392 3 месяца назад +3

    I heard from my LCS that when silver spiked in 2011 that the refiners just stopped buying. Were you around then to verify if that happened?

    • @vermillionenterprises
      @vermillionenterprises  3 месяца назад +3

      they were still buying, I had no problems, money was moving slow

  • @jasonandjulim4163
    @jasonandjulim4163 3 месяца назад +5

    Thanks for the insight. I can see liquidity grinding to a halt before something like a deadlock happens. I imagine both would happen together. The peanut thing was caused by the '08 crisis and the listeria outbreak at the same time.
    This financial crisis is being caused demonic forces that cant do Math 😂

  • @davidgibson9049
    @davidgibson9049 3 месяца назад

    do you trade silver for gold

  • @LocalCoinReview
    @LocalCoinReview 3 месяца назад +5

    Cool

  • @patchrat1
    @patchrat1 3 месяца назад +1

    I have not gotten any spam from you but have gotten them from other sites I reported them immediately

  • @gotime7648
    @gotime7648 3 месяца назад +17

    Million of oz's of silver out there. How many millions of fake oz's are out there as paper contracts ???

  • @charleswilson6789
    @charleswilson6789 3 месяца назад +3

    Need bin video

  • @stevekamitsis1327
    @stevekamitsis1327 3 месяца назад

    Add on to last comment, Brian I also like you believe that shortly after elections, everything will go to crap,and who knows what black swan event awaits us.

  • @darrensoldan5972
    @darrensoldan5972 3 месяца назад

    Good information. See I'd cut the payment in half. Take some cash and trade some silver for gold to ease the cash that way 👍

  • @stevekamitsis1327
    @stevekamitsis1327 3 месяца назад

    Steve in panhandle says good video thank you Brian, now to the business end, Brian I think by end of June silver climbs back to around 32 dollars a ounce, I guess we will see.

  • @kevink6420
    @kevink6420 3 месяца назад +1

    If you guys as a business arent selling on reddit yet you should be. They do a better job of weeding out scammers than ebay and facebook. You guys would fit in very, very well over there. Its a very low premium type bullion market.

  • @tomtwo8714
    @tomtwo8714 3 месяца назад +7

    Silver is a finite resource.

  • @John-v4o5t
    @John-v4o5t 3 месяца назад +4

    I doubt the election takes place , my primaries have been cancelled till further notice 🤣🇺🇲😎

    • @scotttousey227
      @scotttousey227 3 месяца назад +1

      Where do you live I haven't heard about that and we're having guests in Cuba this week our unfaithful leaders still trying to start ww3 were the biggest coupers in the world we seem to like overthrowing other governments who the people elect like Ukraine 2914 and Iran in the 70s and a bunch of others

    • @scotttousey227
      @scotttousey227 3 месяца назад +1

      Woops 2014

  • @JeffreyJApexGoldSilverCoins
    @JeffreyJApexGoldSilverCoins 3 месяца назад +5

    Brian is so cute buy his coins.

  • @willweed6168
    @willweed6168 3 месяца назад +3

    😐

  • @MrDGoldchains
    @MrDGoldchains 3 месяца назад +1

    Kitco bid or ask? Which are you quoting for your premium price over spot?

  • @turyzorrilla4478
    @turyzorrilla4478 3 месяца назад +3

    Alot more fiat then available silver my friend only 0.2 % of population own metals

  • @walterpaul9105
    @walterpaul9105 3 месяца назад +4

    11:30 Really Brain, "millions upon millions of tons of silver". The most consistent estimate I've seen is 6 Billion troy ounces of above ground silver (and interestingly a similar quantity of gold), less than 1 troy ounce per person world-wide. Now a "ton" of silver is 1000 kg, and there are 32.15 toz in a kilogram. So 6 Billion troy ounces of silver is (6000000000 toz)*(1 ton/1000 kg)*(1 kg/32.15 toz) = 190,000 tons of silver, so less than 20% of 1 million tons. Please show my silver estimate or math is wrong, or issue a correction.

    • @Johnsmith46392
      @Johnsmith46392 3 месяца назад +4

      Maybe he doesn’t mean tons as literally weight but just a lot.

    • @chrisdowns422
      @chrisdowns422 3 месяца назад +2

      Later on in the video, he says "millions of ounces". So he issued the correction.

    • @silversleuth007
      @silversleuth007 3 месяца назад

      I use the term $hit-ton occasionally.

  • @turyzorrilla4478
    @turyzorrilla4478 3 месяца назад +2

    What happens when the sheep awake umptanium

  • @dang6684
    @dang6684 3 месяца назад +1

    Try not to worry about how many oz's of silver are out there do worry about how many dollars are out there :)

  • @richardmcconahy3527
    @richardmcconahy3527 3 месяца назад +4