@@theyuha they already had started a gold rush years ago. They like to store money as jewelry and the and while there’s plenty of poor people there, the market for the second largest population is going to affect supply and demand.
@Wes_Stacks. it's true value is the problem. While useful and very pretty silver is NOT rare. Any time the price goes up a bit they just mine more. It's not cheap to mine so it will go up as labor cost goes, but that's about it.
@@Wes_Stacks. If you want to see the true value of silver maybe you should rethink about collecting certified slab silver coins versus just stacking raw silver rounds, bars or even raw sovereign coins. Who wants just spot price or even worse with negative premiums.
I like the first dealer, Asher -- his 75/25 ratio, his warning against graded modern bullion, and his comment about the "logistics of silver" were well thought out. Robert likes silver, but his customers buy gold -- and silver dimes -- at a rate that he cannot keep in stock, and he himself likes his gold Double Eagles. Bridger thinks 1 oz. gold is a stable investment, but silver is undervalued, and his customers buy both; he follows the military-industrial markets as well as the monetary value of gold and silver as a backer for fiat currency, and his comments on platinum and palladium were thought-provoking.
I have a few proofs of ASEs and I bought them because I like them - not because I expect them to appreciate 10x. I buy numismatic and junk silver for stacking.
The other aspect is that a non-graded ASE is being sold for $37.65 each, (paypal/cc), and a 2024 NGC MS-69 is being sold for $42.10 each, (paypal/cc), by the Big Box Bullion people. The graded is only $4.45 more, and it would cost us $30 to get any coin graded. I have some graded ones due to that reason. I do have one Graded Proof ASE...and frankly, it is the most beautiful coin I have ever purchased...which is too much that I have purchased in silver, due to the "Logistics" reason mentioned. I had to evacuate my home for a fire reason one time, (missed us), and It was too many trips for the silver...it shocked me how heavy the stuff was...LOL!
HI Seeker, Thank you for the vlog! Always interesting hearing what people are doing and why. For me, I buy the dips. Silver has been in a constant dip lately. But the premiums are staying high so overall cost is similar to when silver was at 29. I still can find deals out there, but overall seems like the premiums are counter acting the dip.
@@PoorMansInvesting exactly. This claim of 500 oz per missile is constantly cited with no evidence. A monster box of silver solder or wiring just sounds ridiculous.
Penny ranch :). I had the honor last Sept 2023 to travel to Montana and Wyoming. Penny Ranch was the first place my father and I stopped. Bridger is another great guy who just happens to own the penny ranch . Had a wonderful experience there. My father and I traded Currency for REAL money and we actually stopped there again 5 days later on our way to Bozeman Airport! Go back again when I step foot onto Montana soil:)
Wow!!! You made my brain hurt!! Very interesting to hear what the dealers had to say. Cool of them to let u interview them. Thanks to you my brain is expanding!! Good job!!!
Given the ongoing global economic challenges, it's crucial for everyone to diversify their income sources, especially those not dependent on government support. Now is an ideal time to explore investments in assets like gold, silver, and digital currencies such as Bitcoin, Ethereum, and XRP. Thanks to Loraine Souvenir for her outstanding proficiency and guidance in these fields.
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
The beauty of her approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
Nice to see this here. A lot of folks downplay the role of advisors until they’re burned by their own emotions-no offense. I remember last year, I needed a good boost to help my business stay afloat, so I researched licensed advisors and thankfully came across Loraine. She’s helped grow my reserve, despite inflation, from $152k to nearly a 7-figure sum as of today..Her insights and daily siignals are worth following.
Gold will quite possibly rise to $5000 per ounce (or more) in 10 years after which there should be a much greater interest to acquire Platinum, Palladium & Silver. These metals will rise in value & become more attractive after Gold becomes increasingly unaffordable for much of the population. Historically Gold has always been a very expensive metal which the masses could not afford. So this trend is likely to accelerate & history will repeat itself when Gold was out of reach for most people 100 years ago.
An ounce of gold historically has always been 1 to 2 month's full time average wages. If it hits $5000 in the next ten years then inflation will have to double in about the same time otherwise as you say gold will be unaffordable for most people. Unless there is a major correction downwards in the markets.
@@daviniarobbins9298 I think it used to take a lot longer than that to buy an ounce of gold. My Grandad wrote in his diary he made 16 cents an hour and made $10-11 per week in the year 1916. Gold back then was $20 per ounce. So given that he had to pay rent food utilities & miscellaneous might have taken him 6 months or more? Maybe a year?! Not many people could afford to buy gold in large quantities like they do today or hang onto that kind of money for very long. Maybe it was usu found in someone's jewelry or watch. Grandad had this gold watch that he passed down to the family. That was the only thing made out of gold that he ever owned. Silver was common tho & even 60 years ago+ people used to stack silver I suspect against hard times. I suppose that was the savings of many before retirement plans. So theyd stack it & spend it when needed.
People used to get paid in gold for there's week work in 1800s it used to be like 5 dollars a week for the trades(ie masons carpenters) . In 1 month it would be a 20 lady liberty. Not to far off from today
@@shiny_Isaac1 In 1916 My Grandfather made 16 cents an hour or $10-11 per week shoveling coal into the steam engines of trains. That was about 1/2 oz of gold for 1 week worth of wages. $1250 in today's money. Back then gold was $20/oz. However it's doubtful that he could have afforded a gold coin given other expenses like rent & food. It would have taken him several months of savings to buy a gold coin. But as far as I know other than a small watch he never owned gold which was primarily the domain of the wealthy back then. Most people were rather poor tho
This was an awesome video I loved getting a different perspective from around the country and I love the fact that the guys knew that they were participating it gives you a real sense not a Salesman version great job
I was surprised when started talking with Robert at Wolf Creek in Marion. I have started going to him over the past few months getting a little each month.
The GSR narrows when markets are in extreme panic, and they lose their ability to control it. In 2011 it was around 38/1 for a short time. A great time to swap, but don't wait, because those times are short and rare.
One of the great buy signals for Pt used to be when it dipped below the value of Au. As you say, Seeker, it's been that way for several years now with no real changes in value for either Pt or Pd. They are, indeed, much more rare than Au, so one would think that their prices would be much higher than gold. Perhaps it is just central bank demand that is boosting gold prices these days? I do disagree a little with one of the shop owners who said that it's too hard to barter with gold. Actually, it's not that hard. Gold is a soft metal, so it's quite easy to shave of a few tenths of a gram for small purchases. One way to do that is to use a small drill to create gold turnings that can be weighed and used for barter. It's a bit less convenient than using 90% silver dimes or quarters but it is workable.
Gold $2510 an oz. today 8/18/24. I also agree slabbed coins are a waste. However years ago they weren't. But things have really change lately. I bought an NGC slabbed MS61 1895 $20 double eagle in 2006 for $430 on eBay. It's now has a current market value of $2930.
If a recession occurs, wouldn’t the industrial demand for silver lessen? Also, the expected reduction in government deficit spending, meaning less government spending on green projects which depends on silver, ie solar, wouldn’t that reduce the demand?
Great video ! Pros and cons for both ! Silver is just too manipulated and needed for so many things to ever let it go up without being controlled ! I’ll stack more silver if it goes under. $24 again otherwise it’s just gold for me .
I watch him, Yankee Stacking, and Silver Dragon. Good luck with your stacking!!! Silver Dave is kinda nutty, but he has good points sometimes, and his own silver mint.
Great video one of the best informative ones I’ve seen in a while. These are the kind of golden silver videos. I like to watch. PS please make some phone calls down here in Houston. There’s many coin shops here and I’ll be interested to hear their take on your questions.
I had to sell some gold to finance a project. You want to price shop around. Call some local shops and then the big boys on-line. I was able to get a difference of $800 buy just making a few phone calls.
Gold is the better investment historically. However, when the Gold:Silver ratio is this high (around 88:1), the following period saw a correction lower bolstering the silver price.
Samsung has developed a new electric car battery 600 mile range 10 minuite charge. Is requires 2 lbs of silver per battery. When production ramps up there won't be enough silver & the price will likely increase accordingly. Might want to look into that & re evaluate where the price of silver is going.
Ive only been doing this for 1.5 years but it seems very clear to me gold is the better option if you can afford. If i had the money it would be almost exclusively gold with a stack of silver on the side and any collector pieces i wanted.
@@davidf3883 the only problem is that gold is around recent highs and silver is not. Silver recent high was around $32.50. Gold recent high was over $2500. Kitco silver price right now (8/14/24…10:15pm) ask price $27.75.
The graded coins are encapsulated and when they tone it is not a bad tone, where I have a box set I don't know if it was from the US mint or a third party, but it is a 20 year set of silver eagles and the toning is ugly.
@@bobsacamano7653 haven’t had these problems with any of my PCGS slab silver dollars, now approaching over 560 coins since 2012 was the beginning of my certified coins collection and currently adding new ASE releases from the mint and of course doing cost averaging as well as doing duplicates every now and then.
@@BA-lt2tx You definitely have to draw a line between stacking and collecting. I too collect raw bullion silver dollars in three different currencies that boarder the USA along with 90%ers in moderation and several hundred goldbacks in one dollar denominations only for daily transactions if and a BIG IF if SHTF.
@NickTrademark yes the only platinum I own is in my jewelry and watches and other PMs like gold and silver are in my stacking and also in my on going collection.
There are virtues and vices with both silver and gold. I think they are both equally good to stack. On my income I have to lean very heavily on silver. I think it is good thing to have a little gold if you can afford it.
I love how coin shop number 3 said. There is 500 oz in a missile. I'm wondering, is he some sort of high ranking military official with the clearance to release that kind of classified information, or is he talking out of his rear end. 😂
liked Asher from shop #1 its why i'm not buying ms 69, MS 70 graded Eagles. You will never get your money back.Selling to LCS they offer 70-75 % of value
@@serene889 Why sell locally when you can sell these certified slab coins on eBay plus you can see what national prices are going for before selling. Never would I sell to LCS when I can sell them myself and get better prices in the long run.
Good evening sir I hope you and your family are well. The dollar is not dead. It is gonna be the petrol dollar. What has been used to buy oil? Excellent video. The dollar is still alive.
Nice video I like this video format hope to see more of them one thing that wasn't mentioned is stack silver cause it's cheaper then play the gold to silver ratio that's the only way i can stack gold so I'm heavy on silver
3.5 years into stacking means I don't have the experience to know what I'm talking about. However, after 3.5 years - I find that gold is the better buy, but I can't deny, or ignore, that silver has a lot of room to grow... and I find I'm buying more silver
Gold and silver is the way to go. The spread on constitutional silver is terrible. I like silver Maples, silver Krugerrands (my favorite) and 5oz silver bars. I buy for investment purposes, for wealth preservation and retirement to cash in. . And I like only gold Krugerrands, recognized by the entire world (except the United States...they don't know enough to recognize anything).
@@lawrence5039 ok fair. “Eventually” worthless, once inflation finishes it off. In 1956, the price of a loaf of bread in the United States averaged around 18 cents. At the same time, the price of 1 ounce of silver was approximately 91 cents. Comparison: - **Bread:** 18 cents per loaf - **Silver:** 91 cents per ounce This means that 1 ounce of silver could buy about 5 loaves of bread in 1956.
Are there any sources for the 500 ozt of silver per tomahawk missile claim? That number is thrown around all the time with no evidence and seems dubious at best.
I’m not sure where the best place would be to ask you a question. So I’m going to do it here. I will be traveling to saint Louis this weekend from Utah. Do you have a LCS you could recommend I visit? I will be traveling up to Hannibal so anywhere on that route would be good.
Funny I lived in Palm harbor also crystal beach great little peir to fish on great view of intercoastal gulf of Mexico lots of little islands a19 crystal beach Ave anyways .silver premiums vary so much I lost on some money on constitutional Franklin's I bought when silver was only 17.5 I paid 11.87 had to sell when it was 30 29 I got 10 but it was a lifeline as was intended keep stacking make good choice shop around
How so is collecting certified slab ASEs a bad investment and I too collect slab Morgans so is this a bad investment as well??. So what is your point that you have to ask another person about collecting ASEs and Morgans that seems to lean towards stacking generic rounds, bars and raw 90%ers instead of slabs and if so is seldom ever is mentioned. Haven’t you noticed that twelve years ago very few dealers stocked slab coins and today most have many to choose from versus collectible coins other than raw sovereign bullion coins.
A coin dealer is 90 times out of 100 going to tell you whatever makes THEM the most money.
99.
9/10x
Not Harry from Harry’s coin shop. Or that guy Tim from Yankee Stacking.
@@Dudecifer 💯
@@Dudecifer True, but Harry is definitely in the top 1% of dealers.
India is loading up on silver on dips. They are smart.
India not being smart actually worries me on the topic
@@theyuha they already had started a gold rush years ago. They like to store money as jewelry and the and while there’s plenty of poor people there, the market for the second largest population is going to affect supply and demand.
Unfortunately I don't think silver is going to be allowed to reach it's true value.
@Wes_Stacks. it's true value is the problem. While useful and very pretty silver is NOT rare. Any time the price goes up a bit they just mine more. It's not cheap to mine so it will go up as labor cost goes, but that's about it.
@@Wes_Stacks. If you want to see the true value of silver maybe you should rethink about collecting certified slab silver coins versus just stacking raw silver rounds, bars or even raw sovereign coins. Who wants just spot price or even worse with negative premiums.
@@sailfly2869 I only collect felonies
@@sailfly2869 then you should diversify into gold if you haven't already. Gold is where you can make the money
In a lot of ways, that doesn't even really matter. If there's a shortage, the premium would go up and it would detach from spot
Nice! By far your best “call a dealer” video. Really enjoyed that format. Thanks
I like the first dealer, Asher -- his 75/25 ratio, his warning against graded modern bullion, and his comment about the "logistics of silver" were well thought out. Robert likes silver, but his customers buy gold -- and silver dimes -- at a rate that he cannot keep in stock, and he himself likes his gold Double Eagles. Bridger thinks 1 oz. gold is a stable investment, but silver is undervalued, and his customers buy both; he follows the military-industrial markets as well as the monetary value of gold and silver as a backer for fiat currency, and his comments on platinum and palladium were thought-provoking.
gold, storage efficiency was mentioned twice.
When gold was $1750 an oz all my lcs told me gold was the worst thing you can buy, now i dont listen to what lcs' say.
I have a few proofs of ASEs and I bought them because I like them - not because I expect them to appreciate 10x. I buy numismatic and junk silver for stacking.
The other aspect is that a non-graded ASE is being sold for $37.65 each, (paypal/cc), and a 2024 NGC MS-69 is being sold for $42.10 each, (paypal/cc), by the Big Box Bullion people. The graded is only $4.45 more, and it would cost us $30 to get any coin graded. I have some graded ones due to that reason. I do have one Graded Proof ASE...and frankly, it is the most beautiful coin I have ever purchased...which is too much that I have purchased in silver, due to the "Logistics" reason mentioned. I had to evacuate my home for a fire reason one time, (missed us), and It was too many trips for the silver...it shocked me how heavy the stuff was...LOL!
Fun video! Conversations were so on spot from all coin dealers. I'd like to see another one or two videos like this one.
this last dealer was the smartest you had over the other two
This was a super video, and you asked great questions. All three seem trustworthy to me!
HI Seeker, Thank you for the vlog! Always interesting hearing what people are doing and why. For me, I buy the dips. Silver has been in a constant dip lately. But the premiums are staying high so overall cost is similar to when silver was at 29. I still can find deals out there, but overall seems like the premiums are counter acting the dip.
I have been pretty focused on dimes as well. Love the mercs.
I have too many of those lovely things! LOL!
Finally, military use was mentioned! The military need for silver dwarfs the solar panel use.
That rumor sounds like the comex is going bust rumor that's been around for over a decade.
What evidence do you have that supports what you say?
@@PoorMansInvesting exactly. This claim of 500 oz per missile is constantly cited with no evidence. A monster box of silver solder or wiring just sounds ridiculous.
@@od40k77 do your own research. I’m not here to hold your hand through life. Must be a lib.
@@PoorMansInvesting you are right. The militaries around the world use zero silver for any of these technological military weapons. You are so smart.
I like these interviews. Nice to get a feel on different places from different parts of the country.
Super fun video. Penny Ranch in Montana is my LCS, Bridger and his dad are AWESOME!
Penny ranch :). I had the honor last Sept 2023 to travel to Montana and Wyoming. Penny Ranch was the first place my father and I stopped. Bridger is another great guy who just happens to own the penny ranch . Had a wonderful experience there. My father and I traded Currency for REAL money and we actually stopped there again 5 days later on our way to Bozeman Airport!
Go back again when I step foot onto Montana soil:)
I love this guy's videos .. entertaining .... no politics, no bs
I stopped by a shop in Pelham, AL today. He was sold out of 90% and had a waiting list to purchase it. Had eagles at 4 over rounds at 2
Those prices for eagles are better than the 8 online dealers I subscribe to.
Wow!!! You made my brain hurt!! Very interesting to hear what the dealers had to say. Cool of them to let u interview them. Thanks to you my brain is expanding!! Good job!!!
I enjoy these videos where you call the coin shops. Keep up the entertainment
Wow , Bridger is quite intelligent. I could listen to him talk for hours. I have heard a lot of great things about Penny Ranch.
Please do more videos like this one! Awesome video Silver Seeker👍
Given the ongoing global economic challenges, it's crucial for everyone to diversify their income sources, especially those not dependent on government support. Now is an ideal time to explore investments in assets like gold, silver, and digital currencies such as Bitcoin, Ethereum, and XRP. Thanks to Loraine Souvenir for her outstanding proficiency and guidance in these fields.
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
The beauty of her approach is her dual focus: while she aggressively pursues profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.
Nice to see this here. A lot of folks downplay the role of advisors until they’re burned by their own emotions-no offense. I remember last year, I needed a good boost to help my business stay afloat, so I researched licensed advisors and thankfully came across Loraine. She’s helped grow my reserve, despite inflation, from $152k to nearly a 7-figure sum as of today..Her insights and daily siignals are worth following.
At today's price silver is the clear choice. Ignore the volatility and rest easy buying real value at a discount price.
OK, I'll trust in you for advice on silver. Good thing I found your comment...
Another great informative video. Keep em coming. Thanks
Gotta love finding silver in circulation!!!❤❤❤
Hopefully you get 200k Ive been subbed around the time you hit 100k!❤
Just a great informational video SS. Thank you!
Gold will quite possibly rise to $5000 per ounce (or more) in 10 years after which there should be a much greater interest to acquire Platinum, Palladium & Silver. These metals will rise in value & become more attractive after Gold becomes increasingly unaffordable for much of the population. Historically Gold has always been a very expensive metal which the masses could not afford. So this trend is likely to accelerate & history will repeat itself when Gold was out of reach for most people 100 years ago.
An ounce of gold historically has always been 1 to 2 month's full time average wages. If it hits $5000 in the next ten years then inflation will have to double in about the same time otherwise as you say gold will be unaffordable for most people. Unless there is a major correction downwards in the markets.
@@daviniarobbins9298 I think it used to take a lot longer than that to buy an ounce of gold. My Grandad wrote in his diary he made 16 cents an hour and made $10-11 per week in the year 1916. Gold back then was $20 per ounce. So given that he had to pay rent food utilities & miscellaneous might have taken him 6 months or more? Maybe a year?! Not many people could afford to buy gold in large quantities like they do today or hang onto that kind of money for very long. Maybe it was usu found in someone's jewelry or watch. Grandad had this gold watch that he passed down to the family. That was the only thing made out of gold that he ever owned. Silver was common tho & even 60 years ago+ people used to stack silver I suspect against hard times. I suppose that was the savings of many before retirement plans. So theyd stack it & spend it when needed.
Lets make it a half a year
People used to get paid in gold for there's week work in 1800s it used to be like 5 dollars a week for the trades(ie masons carpenters) . In 1 month it would be a 20 lady liberty. Not to far off from today
@@shiny_Isaac1 In 1916 My Grandfather made 16 cents an hour or $10-11 per week shoveling coal into the steam engines of trains. That was about 1/2 oz of gold for 1 week worth of wages. $1250 in today's money. Back then gold was $20/oz. However it's doubtful that he could have afforded a gold coin given other expenses like rent & food. It would have taken him several months of savings to buy a gold coin. But as far as I know other than a small watch he never owned gold which was primarily the domain of the wealthy back then. Most people were rather poor tho
Stuff that sells by the gram is always way more valuable and interesting that stuff that sells by the pound.
Yeah if I had spent it on AU instead I would be a millionaire, Twice!!
I lean with wealth preservation, that is why I keep more value in gold, but I do stack silver also.
Great information as always!
Thank you!
Nice change of pace - enjoyed and learned a bit. Hope you do this occasionally in the future.
This was an awesome video I loved getting a different perspective from around the country and I love the fact that the guys knew that they were participating it gives you a real sense not a Salesman version great job
I was surprised when started talking with Robert at Wolf Creek in Marion. I have started going to him over the past few months getting a little each month.
The GSR narrows when markets are in extreme panic, and they lose their ability to control it. In 2011 it was around 38/1 for a short time. A great time to swap, but don't wait, because those times are short and rare.
One of the great buy signals for Pt used to be when it dipped below the value of Au. As you say, Seeker, it's been that way for several years now with no real changes in
value for either Pt or Pd. They are, indeed, much more rare than Au, so one would think that their prices would be much higher than gold. Perhaps it is just central
bank demand that is boosting gold prices these days?
I do disagree a little with one of the shop owners who said that it's too hard to barter with gold. Actually, it's not that hard. Gold is a soft metal, so it's quite easy to
shave of a few tenths of a gram for small purchases. One way to do that is to use a small drill to create gold turnings that can be weighed and used for barter. It's
a bit less convenient than using 90% silver dimes or quarters but it is workable.
interesting video, love hearing other peoples perspectives, on this very important topic:)
This episode was very helpful thank you ❤
Thank You!!!!
I would love to hear that you have called Paul at A coin coin shop in Littleton Colorado. Give him a little razzing... 😆
Gold $2510 an oz. today 8/18/24. I also agree slabbed coins are a waste. However years ago they weren't. But things have really change lately. I bought an NGC slabbed MS61 1895 $20 double eagle in 2006 for $430 on eBay. It's now has a current market value of $2930.
Good Video SS 👍👍👍......Life is good........God Bless
If a recession occurs, wouldn’t the industrial demand for silver lessen? Also, the expected reduction in government deficit spending, meaning less government spending on green projects which depends on silver, ie solar, wouldn’t that reduce the demand?
Great video ! Pros and cons for both ! Silver is just too manipulated and needed for so many things to ever let it go up without being controlled ! I’ll stack more silver if it goes under. $24 again otherwise it’s just gold for me .
Very informative. TY. I was glad to get perspectives. Especially being new to stacking.
I watch him, Yankee Stacking, and Silver Dragon. Good luck with your stacking!!! Silver Dave is kinda nutty, but he has good points sometimes, and his own silver mint.
Great video one of the best informative ones I’ve seen in a while. These are the kind of golden silver videos. I like to watch. PS please make some phone calls down here in Houston. There’s many coin shops here and I’ll be interested to hear their take on your questions.
I had to sell some gold to finance a project. You want to price shop around. Call some local shops and then the big boys on-line. I was able to get a difference of $800 buy just making a few phone calls.
Gold is the better investment historically. However, when the Gold:Silver ratio is this high (around 88:1), the following period saw a correction lower bolstering the silver price.
Very true. Their purposes are even diverging. Silver is about 80% commodity use now!
MILITARY INDUSTRIAL COMPLEX IS KEEPING SILVER LOW
I was in two coin shops this week and both said people are selling more silver than buying silver.
Samsung has developed a new electric car battery 600 mile range 10 minuite charge. Is requires 2 lbs of silver per battery. When production ramps up there won't be enough silver & the price will likely increase accordingly. Might want to look into that & re evaluate where the price of silver is going.
Wow 😮 very good video! It’s good to have some of each, diversity! 💰💫😃
Very interesting, lots to think about these days. Nice video Seeker 👍🤓
I'm in Canada & 1 oz of gold is up about $1400 compared to a 100 oz bar being up $1000 since i started buying[5yrs ago]
I was hoping the first dealer would talk more about what slabs are good to buy. Like proof coins and the newer morgan and peace dollars.
Ive only been doing this for 1.5 years but it seems very clear to me gold is the better option if you can afford. If i had the money it would be almost exclusively gold with a stack of silver on the side and any collector pieces i wanted.
I'm coming to that conclusion myself after a little over a year in this.
@@davidf3883 the only problem is that gold is around recent highs and silver is not. Silver recent high was around $32.50. Gold recent high was over $2500. Kitco silver price right now (8/14/24…10:15pm) ask price $27.75.
China and India are stocking heavy on silver. "Everybody wants to rule the world".
The graded coins are encapsulated and when they tone it is not a bad tone, where I have a box set I don't know if it was from the US mint or a third party, but it is a 20 year set of silver eagles and the toning is ugly.
@@bobsacamano7653 haven’t had these problems with any of my PCGS slab silver dollars, now approaching over 560 coins since 2012 was the beginning of my certified coins collection and currently adding new ASE releases from the mint and of course doing cost averaging as well as doing duplicates every now and then.
I dig the conversations. T.Y.
Dealer premium is going to kill the stacker who decides to sell. Do the math first.😭😭😭
I bought from asher last week in Palm harbor, small world 😮
Good format.
Now I am waiting for this information, thank you
I like them both ( silver and gold ), also make my own bars just for fun
That’s why building relationships is important . My LCS is legit . They treat ya like family and are always fair and open ❤❤
I've been thinking about getting a Half Eagle just to have some pre-33 in my stack.
I am personally looking at silver around $27-$28 an ounce as a buy.
I'm planning a gold buy but I wanna see a bigger drop first.
GREAT TOPIC !!!!!!!!
Great video. I like all of the metals.!
Great video. Educational and entertaining. Thank you. 👍🇺🇸🚜
I buy one slabbed ASE each year for my Deep Collection. I stack Rounds, raw eagles and 90%.
Great episode. Thank you.
Platinum.
I can't believe seeker mentioned platinum. I about fell out of my chair. 😆🤣
Yes Platinum seems like a good deal today, but it takes the automotive and trucking industries if you want to see it out preform today’s prices.
You really should not store industrial metals but trade paper instead.
That includes copper, platinum and silver with its ridiculous premiums..
@@BA-lt2tx You definitely have to draw a line between stacking and collecting. I too collect raw bullion silver dollars in three different currencies that boarder the USA along with 90%ers in moderation and several hundred goldbacks in one dollar denominations only for daily transactions if and a BIG IF if SHTF.
@NickTrademark yes the only platinum I own is in my jewelry and watches and other PMs like gold and silver are in my stacking and also in my on going collection.
No shop wants to buy platinum. Hard to sell. It looks like silver but more expensive
There are virtues and vices with both silver and gold. I think they are both equally good to stack. On my income I have to lean very heavily on silver. I think it is good thing to have a little gold if you can afford it.
The problem with silver is the high spreads and premiums. But the potential for price appreciation is really high.
I love how coin shop number 3 said. There is 500 oz in a missile. I'm wondering, is he some sort of high ranking military official with the clearance to release that kind of classified information, or is he talking out of his rear end. 😂
liked Asher from shop #1 its why i'm not buying ms 69, MS 70 graded Eagles. You will never get your money back.Selling to LCS they offer 70-75 % of value
Tim sold an ms69 gold eagle at the same price as a raw gold eagle to a customer on TODAY podcast.
@@serene889 Why sell locally when you can sell these certified slab coins on eBay plus you can see what national prices are going for before selling. Never would I sell to LCS when I can sell them myself and get better prices in the long run.
The dips are good all to infrequent but welcomed nonetheless
Coin of the realms dimes dimes dimes Ted Speaks
Great show
This was a good informational video Platinum and silver are my favorites. Plus he talked about brics which will change all things .
Gold has outperformed significantly over the last 100 years. As they say, past performance is not a guarantee of future results
Tomahawk needs 500 ounces of silver. Wow, no wonder the price is manipilated.
Awesome video, really informative
Good evening sir I hope you and your family are well. The dollar is not dead. It is gonna be the petrol dollar. What has been used to buy oil? Excellent video. The dollar is still alive.
Nice video I like this video format hope to see more of them one thing that wasn't mentioned is stack silver cause it's cheaper then play the gold to silver ratio that's the only way i can stack gold so I'm heavy on silver
3.5 years into stacking means I don't have the experience to know what I'm talking about. However, after 3.5 years - I find that gold is the better buy, but I can't deny, or ignore, that silver has a lot of room to grow... and I find I'm buying more silver
Platinum went down partly due to reduced industrial demand, highlighting the risk from industrial demand changes as technology requirements change.
Gold and silver is the way to go. The spread on constitutional silver is terrible. I like silver Maples, silver Krugerrands (my favorite) and 5oz silver bars. I buy for investment purposes, for wealth preservation and retirement to cash in. . And I like only gold Krugerrands, recognized by the entire world (except the United States...they don't know enough to recognize anything).
Silver and Golds true value would reveal how worthless the dollar actually is.
That worthless dollar you use to pay all your bills with and deposit your paycheck in the bank also. New definition of worthless?
@@lawrence5039 ok fair. “Eventually” worthless, once inflation finishes it off.
In 1956, the price of a loaf of bread in the United States averaged around 18 cents. At the same time, the price of 1 ounce of silver was approximately 91 cents.
Comparison:
- **Bread:** 18 cents per loaf
- **Silver:** 91 cents per ounce
This means that 1 ounce of silver could buy about 5 loaves of bread in 1956.
@@lawrence5039feels pretty worthless after the free market decided to double the price of everything just because.
Are there any sources for the 500 ozt of silver per tomahawk missile claim? That number is thrown around all the time with no evidence and seems dubious at best.
Gold for me. Thank you for sharing. 👍
Good interviews. 👍🏻
1. Continue to make these videos please
2. There’s this RUclips “the platinum beast” I believe he mostly stacks platinum you should give him a watch
is it cheaper to buy silver and gold online or a at local shop?
I’m not sure where the best place would be to ask you a question. So I’m going to do it here. I will be traveling to saint Louis this weekend from Utah. Do you have a LCS you could recommend I visit? I will be traveling up to Hannibal so anywhere on that route would be good.
Funny I lived in Palm harbor also crystal beach great little peir to fish on great view of intercoastal gulf of Mexico lots of little islands a19 crystal beach Ave anyways .silver premiums vary so much I lost on some money on constitutional Franklin's I bought when silver was only 17.5 I paid 11.87 had to sell when it was 30 29 I got 10 but it was a lifeline as was intended keep stacking make good choice shop around
Hey Seeker I understand and agree on buying modern graded bullion slabs being a bad investment but what’s your opinion on slabbed Morgan’s etc?
How so is collecting certified slab ASEs a bad investment and I too collect slab Morgans so is this a bad investment as well??. So what is your point that you have to ask another person about collecting ASEs and Morgans that seems to lean towards stacking generic rounds, bars and raw 90%ers instead of slabs and if so is seldom ever is mentioned. Haven’t you noticed that twelve years ago very few dealers stocked slab coins and today most have many to choose from versus collectible coins other than raw sovereign bullion coins.
Saint Gardens are my fav 🌹🌸💐🌺 👀
St. Gaudens
@@daverogers5609 that was the joke. Bro pronounced it ‘garden’