Exactly. Cash is trash! People don't realize, your dollar doesn't have the full $1.00 spending as it once did. Take away the rate of inflation and that's what every dollar speeding limit has now. The governments cooked inflation number as we know is a joke. Buy a car, house, insurance, groceries, see how much of your more dollars you have to give to buy these things. I tell people who are clueless to understand, that what they make after taxes, now subtract for the rate of inflation, you're making less. Sad that many people are clueless. Without credit cards, the fallout would be happening faster as people are living pay check to check. This a Biden's America.
It's not an investment unless the dollar is crashing instead of a controlled theft. It's a stable unit of currency. What gas 3 dimes bought in 64, 3 1964 dimes will buy you twice as much today. If you buy silver and gold as the dollar goes down it does seem like an investment, but again the dollar in not stable.
My sister and I were trustees for my uncles trust. After he died we had to liquidate his assets for the beneficiaries. We found some of his properties and some of his stocks ended up being a real pain in the neck and even worthless In The end by the time we paid all the lawyer fees. However his bouillon had kept value all those years and was actually quite easy to liquidate. That was an eye-opener for me! I also have to say it was real cool stuff to look at.
Gold & Silver are anything you decide you want it to be. They have help humanity for thousands of years and that will continue going forward. Enjoy it!
Silver is tricky too, it can shoot for no reason at all and high too!! I sold my silver at 48.00 in 2011 and made a load of profit and it stayed at $48.00 for a while. But here we are again and I’m just holding until it shoots again. It will because it’s needed for military and medical and many other reasons. And they’re running out of it here in the states. I’m so glad Keith Nuemeyer is going to melt his own coins and shut off his silver mines.
There are people who've been waiting for this "future industrial demand" since '70s. This brilliant future for silver is always just round the corner until you realize you're old and you've spend all your life dreaming about the big moment.
Silver is not going to explode in price for the reason that demand is not inelastic to price. The people who tell you that silver is going to go up to $200 an ounce or something because of the boom in solar energy assume that the industrial designers and engineers are just going to sit there like dummies and eat the skyrocketing prices. Of course they won't. They're going to come up with alternative technologies that greatly reduce or eliminate the need for the costly material. We are already seeing that. Companies and research groups are developing methods to substitute copper for silver in the power junctions in solar panels. It poses some technical challenges, but many of those are being worked out and the end result is a panel that's more efficient (less shading from connections), and uses a conductor metal this 1 or 2% the cost of silver.
The money I spend on gold and silver is the money I used to spend on drugs and alcohol. I don't know if you know this, but the return on drugs and alcohol is terrible. 😂
@@SmartSilverStacker I’m praying for another year of suppression so I can buy more and I’m praying we’re all wrong and I never need my silver I’ll leave it to my kids unfortunately I believe the economic crisis is imminent or WW3
The thing is..... I feel generally sad for the community. You guys were extatic for like one day...not even one day. And now we go down big time. It's just disappointing for gold and silver bugs.
I think they are wealth/wealth preservation securities. I think they can be investments especially silver can be speculative due to the industrial demand but i think they work more so as a secure place to park your money when your not sure where you want to put your capital. Then when other assets become under valued you can move out of your gold and or silver and move into other cash flowing securities or capital gaining securities. I do feel gold is a good savings shirt term and some of the collectable gold can had a good increase in value if you plan to hold it for a long time. Both are good hedges against inflation. I dont believe they are a bad investment but uts up to the investor to have a plan and know what they are getting into and how and when to get out of. Its also cool to just buy them because you like to have them, nothing worng with that either.
I appreciate you bringing up the cons of stacking. Every financial choice comes with some degree of risk. How does the old saying go ‘the only two things guaranteed in life is death and taxes’. On that note, once I understood the concept of the loss of purchasing power, it became clear to me that stacking was a great option to ensure my wealth doesn’t dissolve.
Gold and silver have never been stolen from me and at my age I've been buying for well over 30 years it's definitely a money maker and a store of wealth young people just getting into it don't have the patience to hold it for long term we live in a get rich quick Society paper is trash physical is King
I'm so disappointed in silver, I just bought my first oz of gold a couple days ago when it spiked to record prices. I feel like even though gold at the highest price will out perform silver.
Good to see a PM video for once that is grounded in reality. Someone is actually paying attention instead of parroting the same old "buy, buy, buy" mantra. When a creator has the balls to cover the good, the bad, and the ugly aspects on a fair basis, pay attention. Good job.
Well said - but, perhaps, extremely few Stackers/Collectors will "allow" themselves to believe your truthful observations regarding how precious metals ARE NOT (LONG TERM), PROVEN, WEALTH "BUILDERS." They are, however, excellent WEALTH "HOLDERS!" If an ounce of gold may (over decades) still pay for a quality suit at retirement time . . . the purchase of proven (long term) "Investment Grade" assets (stocks, bonds, realty, etc.) have often made possible the purchase of "several" suits at retirement time (albeit purchase risks are again present; as is long term inflation). It's a choice between "Wealth Saving" and "Wealth Building." You decide, and "keep the faith" in our Constitutional America!
The part about being a Union means we are all in the same Boat, (Noah's Ark) we don't need anyone to be selling Gold or Silver at this time, as it needs to be held off the markets as a way to buy America back from the Suit and Ties that sold it out to the World with debt.
I think it's a very good conservative investment. Maybe not the best like being in the right stocks at the right time. But I've been stacking mostly silver and some gold for almost 15 years THAT ONLY I CONTROL, not some bank or the government. Fot what I paid for it, and what the spot price is today for both metals, my overall portfolio is up 10.4 %. Not the greatest, but not bad either. It's basically kept up with inflation for 15 years as compared to being in fiat sitting in a bank doing nothing but losing value and can even be taken in a financial emergency by the bank! Here's the good part: G&S is expected to soon be in a huge bull run according to many financial experts because of the political and economic conditions in the world, and the dollar going away eventually. That is when the big payoff will happen and it might make me very very wealthy soon! Happy stacking!!! 💪💥🇺🇸✌️
Thanks for your presentation, as usual appreciate your video. Don't ot be a spoiler at the party but, l view land and PM are insurance against economic disaster. The individual is in a way their own private insurance company. Insurance companies exist to make a profit until disaster strikes. If disaster doesn't come in your lifetime those loved ones and some for the poor can benefit from it as long as it is given away before you leave the stage of life. When disaster does hit... the world will probably end as we know it sooner or later.
Gold like Diamonds have a reputation . Everyone knows what it is . Some storage vaults over interest on it but you have to send to them . There is a lot of Gold and Diamond ,well at least more than the day before. Silver is the most controlled metal . You hold silver for the long haul hoping a break out . I will keep it until I reach 65 /retire then start cashing it in or I would sell all my silver at $200 an ounce (if it ever got there -breakout) . Kings preferred Gold , so it is the King of Metals . It also has a longer history . I always say silver saves lives and gold gets people killed. Silver is still my favorite metal. I started with Silver . Silver is the barter metal. I would like someone to make a video on Gov't revenue going down vs the National Debt and Interest on Debt going up and figure when we will take less in than Interest on Debt . I think that will be game , set , and match . Maybe then we see the Reset or a new system.
%100 Gold and silver all the way over crypto crap ! Already own 2 houses car bike all outright ! NO SHILLS TO DEAL WITH ! YOU DONT HOLD IT I ITS NOT YOUR S ! You buy crypto crap ! Bye !
Gold and silver are not investments. They are wealth.
Easy Andy
@@Scalecedar littlest little of the little brigade
Little by little by little by little thennnn. BANG!
Then why has holding gold over the past decade made you lose purchasing power?
@@DiiceForeveroO I buy and hold silver for the most part. I bought my gold in 1995. I buy and hold for my children. I buy silver like groceries
I have never looked at them as an investment, it is protection for me!
Exactly. Cash is trash! People don't realize, your dollar doesn't have the full $1.00 spending as it once did. Take away the rate of inflation and that's what every dollar speeding limit has now. The governments cooked inflation number as we know is a joke. Buy a car, house, insurance, groceries, see how much of your more dollars you have to give to buy these things. I tell people who are clueless to understand, that what they make after taxes, now subtract for the rate of inflation, you're making less. Sad that many people are clueless. Without credit cards, the fallout would be happening faster as people are living pay check to check. This a Biden's America.
It's not an investment unless the dollar is crashing instead of a controlled theft. It's a stable unit of currency. What gas 3 dimes bought in 64, 3 1964 dimes will buy you twice as much today. If you buy silver and gold as the dollar goes down it does seem like an investment, but again the dollar in not stable.
Silver and gold are terrible investments. That's why I don't invest in precious metals. I store precious metals.
It’s a savings account that I never use
My sister and I were trustees for my uncles trust. After he died we had to liquidate his assets for the beneficiaries. We found some of his properties and some of his stocks ended up being a real pain in the neck and even worthless In The end by the time we paid all the lawyer fees. However his bouillon had kept value all those years and was actually quite easy to liquidate. That was an eye-opener for me! I also have to say it was real cool stuff to look at.
Thank you for sharing this, bullion is a great store of generational wealth!
I would have kept that.
Yep ,real money
Gold and silver can never go bankrupt.
🙌
🧐
You nailed it.
Savings account and inflation hedge.
I would add...invest in a metals tester.
I stack silver and firewood.. lots of firewood
Silver and gold are terrible foods too, theyre terrible anything that they arent meant to be lol
Gold & Silver are anything you decide you want it to be. They have help humanity for thousands of years and that will continue going forward. Enjoy it!
Silver is tricky too, it can shoot for no reason at all and high too!! I sold my silver at 48.00 in 2011 and made a load of profit and it stayed at $48.00 for a while. But here we are again and I’m just holding until it shoots again. It will because it’s needed for military and medical and many other reasons. And they’re running out of it here in the states. I’m so glad Keith Nuemeyer is going to melt his own coins and shut off his silver mines.
I cannot find a bank that will see my bullion as collateral.....
There are many places you can get gold & silver secured loans, just need to do a quick Google search
That is ridiculous they couldn't consider it!
I think silver is more of an investment considering it’s future industrial demand
There are people who've been waiting for this "future industrial demand" since '70s. This brilliant future for silver is always just round the corner until you realize you're old and you've spend all your life dreaming about the big moment.
Silver is not going to explode in price for the reason that demand is not inelastic to price. The people who tell you that silver is going to go up to $200 an ounce or something because of the boom in solar energy assume that the industrial designers and engineers are just going to sit there like dummies and eat the skyrocketing prices.
Of course they won't. They're going to come up with alternative technologies that greatly reduce or eliminate the need for the costly material. We are already seeing that. Companies and research groups are developing methods to substitute copper for silver in the power junctions in solar panels. It poses some technical challenges, but many of those are being worked out and the end result is a panel that's more efficient (less shading from connections), and uses a conductor metal this 1 or 2% the cost of silver.
The larger my stack the more sound I sleep at night
They are a storage of wealth when you have no bills, mortgage or other things robbing you any longer.
When I was single oh so many yrs ago gold was 350$ oz.Imagine stacking 20 1 oz eagles 7,000$ today🎉
I’m slowing down on stacking in 2024. I feel gold is overpriced, silver underpriced but heavily manipulated by the green industries.
They were never MEANT to be investments, except as LONG TERM...rather, those two metals are savings accounts, which cannot go to ZERO.
Currently stacking silver, brass, and lead.
The money I spend on gold and silver is the money I used to spend on drugs and alcohol. I don't know if you know this, but the return on drugs and alcohol is terrible. 😂
gold is up over $800 an oz[Can$], since I started stacking, at spot price today
I really like the Scottsdale mint and products
Bought some mugs from ya this week 👍🏾 Cool SHit Bro CHEERS!!!!!
Thanks for the support!! 👍👍
They will manipulate silver until they can’t and then it’ll shoot way up .
bingo
@@SmartSilverStacker I’m praying for another year of suppression so I can buy more and I’m praying we’re all wrong and I never need my silver I’ll leave it to my kids unfortunately I believe the economic crisis is imminent or WW3
WOW...the party really is over....only Gold and Silver can go down THIS FAST.
I doubt the party is over, but yes expect volatility moving forward.
@@SmartSilverStacker but this quick? Ggold is down almost $150 in 4 trading days... I mean come on...
@@SmartSilverStacker And Silver....thats just brutal. I mean will you ever see $30 in your lifetime...let alone $50 or a $100.
The thing is..... I feel generally sad for the community. You guys were extatic for like one day...not even one day. And now we go down big time. It's just disappointing for gold and silver bugs.
Savings & insurance. Im more than happy with my experience
Thnx for the informational video on Au & Ag -/+. Everyone should do their own research. As for me AU & AG is good storage of wealth
I think they are wealth/wealth preservation securities. I think they can be investments especially silver can be speculative due to the industrial demand but i think they work more so as a secure place to park your money when your not sure where you want to put your capital. Then when other assets become under valued you can move out of your gold and or silver and move into other cash flowing securities or capital gaining securities. I do feel gold is a good savings shirt term and some of the collectable gold can had a good increase in value if you plan to hold it for a long time. Both are good hedges against inflation. I dont believe they are a bad investment but uts up to the investor to have a plan and know what they are getting into and how and when to get out of. Its also cool to just buy them because you like to have them, nothing worng with that either.
I appreciate you bringing up the cons of stacking. Every financial choice comes with some degree of risk. How does the old saying go ‘the only two things guaranteed in life is death and taxes’. On that note, once I understood the concept of the loss of purchasing power, it became clear to me that stacking was a great option to ensure my wealth doesn’t dissolve.
#Gold & #Silver to the 🌕 baby we out 🚀
Keep stacking!!
Gold and silver have never been stolen from me and at my age I've been buying for well over 30 years it's definitely a money maker and a store of wealth young people just getting into it don't have the patience to hold it for long term we live in a get rich quick Society paper is trash physical is King
Putting all your eggs in one basket. In this volatile market . Is not stability
how good whatever digitalized thing does.. when it all crashes... you see the worth of gold and silver.... and the friends of
I'm so disappointed in silver, I just bought my first oz of gold a couple days ago when it spiked to record prices. I feel like even though gold at the highest price will out perform silver.
historically this has not been the case in metals bull markets
All Fiat currencies fail and when they do what assets are the best to hold?
Good to see a PM video for once that is grounded in reality. Someone is actually paying attention instead of parroting the same old "buy, buy, buy" mantra. When a creator has the balls to cover the good, the bad, and the ugly aspects on a fair basis, pay attention. Good job.
The green dael wil stop manupation.😉
+ Infation(printing papper)
Perfect storm fore storm for silver
Some places in the world, there don't exist premiums, the dealers sell at spot.
Where?
Yes where, I would like to find that place too!
Norway.
@@Gabby-bot okay thank you!
Well said - but, perhaps, extremely few Stackers/Collectors will "allow" themselves to believe your truthful observations regarding how precious metals ARE NOT (LONG TERM), PROVEN, WEALTH "BUILDERS." They are, however, excellent WEALTH "HOLDERS!"
If an ounce of gold may (over decades) still pay for a quality suit at retirement time . . . the purchase of proven (long term) "Investment Grade" assets (stocks, bonds, realty, etc.) have often made possible the purchase of "several" suits at retirement time (albeit purchase risks are again present; as is long term inflation).
It's a choice between "Wealth Saving" and "Wealth Building."
You decide, and "keep the faith" in our Constitutional America!
I stack silver not a lot but we all know what’s coming next year
Thanks , 👍🇺🇲
Those are truly my beliefs also But if I don't make the cut, can I have your stash? God bless😊
The part about being a Union means we are all in the same Boat, (Noah's Ark) we don't need anyone to be selling Gold or Silver at this time, as it needs to be held off the markets as a way to buy America back from the Suit and Ties that sold it out to the World with debt.
Too much gambling wall street, ETFs and derivatives, it's all artificial that will collapse one day.
I so agree with you!
So once I wanna Turn my gold to the currency I want who takin it off my hands
I think it's a very good conservative investment. Maybe not the best like being in the right stocks at the right time. But I've been stacking mostly silver and some gold for almost 15 years THAT ONLY I CONTROL, not some bank or the government. Fot what I paid for it, and what the spot price is today for both metals, my overall portfolio is up 10.4 %. Not the greatest, but not bad either. It's basically kept up with inflation for 15 years as compared to being in fiat sitting in a bank doing nothing but losing value and can even be taken in a financial emergency by the bank! Here's the good part: G&S is expected to soon be in a huge bull run according to many financial experts because of the political and economic conditions in the world, and the dollar going away eventually. That is when the big payoff will happen and it might make me very very wealthy soon! Happy stacking!!! 💪💥🇺🇸✌️
Thanks for your presentation, as usual appreciate your video. Don't ot be a spoiler at the party but, l view land and PM are insurance against economic disaster. The individual is in a way their own private insurance company. Insurance companies exist to make a profit until disaster strikes. If disaster doesn't come in your lifetime those loved ones and some for the poor can benefit from it as long as it is given away before you leave the stage of life. When disaster does hit... the world will probably end as we know it sooner or later.
Gold like Diamonds have a reputation . Everyone knows what it is . Some storage vaults over interest on it but you have to send to them . There is a lot of Gold and Diamond ,well at least more than the day before. Silver is the most controlled metal . You hold silver for the long haul hoping a break out . I will keep it until I reach 65 /retire then start cashing it in or I would sell all my silver at $200 an ounce (if it ever got there -breakout) . Kings preferred Gold , so it is the King of Metals . It also has a longer history . I always say silver saves lives and gold gets people killed. Silver is still my favorite metal. I started with Silver . Silver is the barter metal. I would like someone to make a video on Gov't revenue going down vs the National Debt and Interest on Debt going up and figure when we will take less in than Interest on Debt . I think that will be game , set , and match . Maybe then we see the Reset or a new system.
Keep it Real
What makes u think the gustopo won't just take the populations gold and silver tho.
Also possible
AVOID 2.
1. THOSE BORN-AGAIN ESCAPE TO HEAVEN IN RAPTURE...
2. THEN, DISASTER...
3. MESSIAH, THEN, RULES
FROM JERUSALEM
FOR THE MILLENNIUM
AMEN !!!
You got that right ! He is LORD OF LORDS AND KING OF KINGS !
Buy Silver!
I am my own central bank
I like gold
me too
🇺🇸
%100 Gold and silver all the way over crypto crap ! Already own 2 houses car bike all outright ! NO SHILLS TO DEAL WITH ! YOU DONT HOLD IT I ITS NOT YOUR S ! You buy crypto crap ! Bye !
Terrible!
Just buy Google lol