Seems that the World Gold Council made a "mistake" and has issued an "apology": twitter.com/goldcouncil/status/1452992705995460625 "We have recently been made aware of a data error on our website, stating that Canada has added 100t to their gold reserves. There’s no official data to suggest that Canada has added to their gold reserves. The error is currently being fixed and we apologise for any confusion." I call shenanigans! Something fishy is going on here...
When Trudeau got into power he liquidated all our gold. It didn't solve a thing aside from us no longer being a player on the markets. No leverage at all.
@Silver Hawke You are absolutely correct my friend. As well, The RCM is a private entity governed by itself and I suppose with itself. With the current government selling our reserves it leaves us with very little to play the game with other governing nations. It leaves us in a precarious situation.
The old banking system collapsed years ago,the new gold currency has been running on the QFS since,Gold Silver & all previous metals will be valuable,all other currencies will be obsolete,207 countries signed up,and are ready for the reset which will occur after they feign the financial crash.
Another popular lie is shop owners who say "I don't have any generic bars right now" when the price of silver is down. They will , oddly enough, have as many Morgan's or ASE as you want . Why? Because the premium is so high on ASE and Morgan's that they can still make a huge profit . But rest assured, when the price of silver goes up, they will break out that lovely stash of generic bars from the back and all of a sudden have stock.
I bought my son a total of 80 oz of silver from January 2016 to May 2019. My total out of pocket cost (including premiums and shipping) was just over $1,200. I called my local coin store today and asked what they were offering. They said "spot plus a buck". So the sale value (as of this moment) for his silver is over $1,800. That is literally a 50% return. Granted, there is some good timing involved here... but... if that isn't "a sound investment that keeps up with inflation", then I don't know what is.
Long term the metal holds its value over inflation with a lot of spikes up and down over years. Its great if you ride those highs and lows and flip metals back and forth....say between silver and platinum....and can end up with more metal than if you had just purchased more alone. its not a get rich quick scheme. the only people getting rich off metals are those who are already rich and can move a million ounces around on a whim. The rest of us just make a few bucks and have a good store of our value. Hell, even copper and aluminum are safer than fiat.
I will stop stacking when all the banks and countries stop stacking. If it is useless relic, why don’t they give it away as paper weights for Christmas.
I lived through 2 fiat currency change when new government took over. I escaped from the country and stayed alive because I had gold. I did not have to speak the local languages or understand it's monetary system; all I needed was the metric system. People all over the world is mostly good and gold and silver is accepted all over the world. They don't accept paper, it's use to wrap fish and meat.
I fell for the crypto, penny stock, and nft craze! I'm 40, 3 young children and a wife. I was a coin collector and I love coinage. I really thought silver was waaaay out of my price range. I never even looked into it, but I recently got out of debt and I was looking around and stumbled upon the "silver squeeze". I realized how relatively cheap silver was and easily accessible so I've been purchasing what I can. I've been toying with pulling out some of my 401k to invest in silver and gold. It would be a small % and easy to pay back in the coming months. I'm just tired of watching my 401k value decrease, and I think 10% sitting in metals would atleast give me some hedge against inflation but also diversify.
Mark, thanks for a great comment. Sorry to hear about the crypto mistake. There are options with a 401(k) position especially if you have changed jobs or are about to change jobs. I usually don’t recommend people take a penalty hit by taking funds out early. Hedging is good, but it can be accomplished prudently. 👌🏼
Taking up to 50 % out of your 401k while working and rolling it into an IRA is called an in service distribution. This way you do not pay any tax until RMDs. Ask your financial advisor about how a variable annuity with income guarantees works. Consider structured notes and a non qualified indexed universal life insurance with your CPA, insurance professional/CLU and financial advisor. Over the long run stocks can do well even if inflation continues . Silver and gold and other precious metals can be a smart but small part of a diverse allocation. Read and learn about all of these things. Always get a few professional opinions. Spend less than you make .
I think that's wise of you to consider alternative forms of investments especially when you see the dollar is falling everyday. I think precious metals are a good move as well as "utility digital assets" (better known as crypto). You just have to do your research and discover with tokens are going to work closely with the digital financial system as we move further away from the paper fiat system. God bless my brother.
In 1965 the price of gas averaged .31 cents USD a gallon or .50 cents CAD for an imperial gallon (which is 20% larger than a US gallon). Today those 3 US dimes are worth just over 4.50$ USD in silver and that CDN 50 cent piece would be worth just over 6.50$ USD. Today in metro Toronto gas cost about 1.70CAD/litre and its 4.54 litres to the imperial gallon, which works out to be roughly 7.72$ CAD to an imperial gallon. That CND 50 cent piece at 6.50$ USD in silver works out to be roughly 8.90$ CAD. So, for us Canadians, silver has been more than a hedge against the cost of gas.
Thank you listing and debunking some lies about gold and silver. I have excess savings mostly in gold and silver. Recently been converting some fiat into more alcohol and am planning on overstocking my bar plus get some barter-able liquors as well. I have insider knowledge (and have witness) a few $5 to $10 jumps in several products. These jumps have been accruing in scotches, whiskeys and tequilas in my area. Neither rum or vodka hasn't moved yet and I believe wine will be one of the last to jump or whenever the 2022 harvest starts to hit the shelves. I highly recommend, even if you don't drink, to get some cheap alcohol for trading and gifting purposes. Btw, you can use vodka in homemade cleaning supplies. TLDR: On top of stacking some gold/silver, stack some alcohol for bartering and cleaning before the price goes up even more.
Thank you Yankee for being a Voice in the Wilderness to so many listeners. SD Bullion and James Anderson are the best when it comes to education and purchasing of gold & silver. Thank you!
I buy gold and silver as a savings - I’m don’t do too well in saving cash. When I purchase Gold and silver I don’t spend my cash spur of the moment purchases. Yes , I have premiums to pay but if were cash I most likely would have far less because of unfortunately bad spending habits
Thank you SD for your giveaway 1920 Car cost $500 =25 gold coins. Today a car costing $45,000 k=25 gold coins at $1,800 =0 inflation . On the other hand $500 you bought that car for in 1920 won't even buy you 4 car tires today.Thank you Yankee
Thank you Yankee for teaching us and helping us be smarter and braver in our investments. Thank you S D for helping us get our gold and silver fix without spending more than we need to.
Not to come across as negative or unappreciative because l do like SD’s lower premiums, but my order was poorly packaged and my 5 oz silver bars weren’t wrapped or secured inside the box. Just floating around banging up against my other PM’s. Not encouraging and somewhat disturbing.
Thank You. I can remember when silver was 3.50 -4 dollars more or less. I wanted to buy 1000 1oz coins. I had an extra 4k and no sellers. I would go to these coin shop stores; all they had were collectible coins that I did not want. Thanks, Yankee, I really like your one on ones with your Bullion dealer.
Hi Yankee! Another great video! Maybe you just don't remember when you were (a Millennial) younger. I remember, when I was younger, and first got into rental real estate, I thought I could retire by the time I was 40. Well, to make a long story short, I didn't retire at 40. Don't get me wrong, rental real estate has been very good to me, over the years (one of my best investments as a matter of fact). Keep the great precious metals videos coming Yankee! 😎
Thank you big daddy. You have so much information that you share, wonderful. I give out silver for Christmas to all them grandkids each year. The oldest was in a little financial bind. I told her that is what the silver is for sometimes. Nope, she would not cash them in. So proud of her.
Great video! Silver + gold absolutely are money, and gold jewelry was worn so people could carry their wealth long before coins were ever created. I collected jewelry long before I started stacking. Thank you, SD and Yankee for the very generous GAW. Good luck, everyone! Stack On!
@@DrSchor I was referring to a time in history before the creation of coins. There is no reason to do this now because we have access to various investment/savings vehicles for storing our wealth. We also have access to security systems and safes for our homes, and we pay for goods and/or services with cards/bills stored in our wallets - not with a link, sliver or chunk of gold broken off a necklace, bracelet, or ring.
Thank you for praying for our country and others it is much appreciated. Please pray for The Kneady Homesteader, She is going through a lot. I enjoy your videos . Keep spreading truth.
Thank you Yankee for keeping us up to date on the Gold and Silver market! And thank you SD Bullion for providing a supplier we can trust and these exciting giveaways!
I agree 100%. Gold and especially silver will take their place again as the undisputed heavyweight champions of money when the public finally come out of their football, pizza, beer and drug induced comas and see their 401k's and savings getting hyperinflated away. Real money always has value. Currency is what loses value over time. Americans are about to discover the hard lesson of the difference in currency and money.
The problem is when gold and silver hits a certain price no one wants it and you can’t sell it. And People don’t have the infrastructure or knowledge to use them as a actual everyday currency anymore. Diversify properly!
I guess some of it’s semantics. What is money? What is an asset? What is an investment? Overall the message is on point though even though I don’t think it fits the definition of money because it’s not widely accepted as a pure medium of exchange. When Amazon starts accepting gold and silver coins I will agree.
Spot-on for Lie #1. One of the reasons our coinage was minted in different sizes was to differentiate not only denomination, but actual silver content as well.
Thank you ❤️ inspirational to just see thoose two chest of gold and silver, recently started stacking, so far only 7 oz of silver, but still a start 😁😊
Thank you SD for such a generous GAW! And thank you Yankee for all the great content and humor you bring. I really look foreward to watching your videos w/ Tim .
Thank you SD bullion for beautiful Christian themed pieces. Thanks Yankee for not denying Christ with the platform you have earned and grown. Blessings y'all, be prudent Spiritually as much as financially.
There's a reckoning coming for economies around the world and if we're not ready we could go down in flames with them. I'll never be all in on gold and silver because the word of God tells me to diversify my wealth, but I do hold a substantial amount. Thank you Yankee and Thanks SD Bullion!
well, to be fair, I stack LMU gold coins but if someone asks "is gold money?" I would also reply "no, it's a metal". Same for diamonds or oil. Money are coins or banknotes that can currently be exchanged for goods. Here we all agree that gold bullions and coins are better than money, but technically I wouldn't describe it as money.
my brother in law is in the banking sector. He actually manages investment accounts for bank customers. I talk to him about gold and silver and he just gets a dazed look on his face like he has NO idea what Im talking. Years now Ive been trying to get him to understand the difference between paper nothing assets and metals.
Thank-you so much SD! You are so generous I am always amazed. Thanks also to you Yankee for sure for sharing yourself, your time and your treasures with all of us. A bright spot in often a difficult time.
20% in precious metals = way TOO low in Allocation of funds = we’re living in a 170 year old Fake-Too low Precious metals PRICE market .... SELL anything of value = buy BUY SILVER ....
I started collecting silver back in 2002 when I got an inheritance . I bought silver rounds and then I started buying silver coins. This then led me to coin collecting. I didn’t realize then that I was building my wealth. So when silver was at 10-15 dollars an ounce I really got into buying more silver. I bought 6 oz 8 oz and whatever other silver that I could get my hands on. I just bought it because I liked it and the price was right. I don’t have to say it but my attraction to silver has paid off in big dividends. Oh I got off track, as I said I was also building coin collections. I am still buying coins but only if I like them and I am also buying ASE but only if they are slabbed and are at MS 70. These are also bringing in fantastic returns. But I am now collecting high MS coins and filling my collections with high graded coins.
Copper was part of the coinage act as well. For cent and half cent denominations. Interesting how pure copper pennies aren't minted for circulation anymore. Thanks for the video!!
Good evening Yankee I'm feeling great today. It took me a long slow and steady pace this I have completed 2 goals I set for myself when I started stacking a few years ago. I have a Monster Box 🗃 of Silver and a Tube of 1/10 oz gold coins and rounds thanks to you Sal, Tim and everyone The Stacker Nation. Have a wonderful Thanksgiving and Christmas 🤶 Holiday. Next year I'm going to continue to stack more Gold, 500 oz of Silver is very heavy. Taking a trip to Vegas for a few days. I'm keeping you and your family in my prayers.
New stacker here. Yankee Stacking has become my go to stacking channel! Always good info and you can't beat a good Tim rant video. Thank you for the content!
"Liars come to believe their own lies" Carl Sandburg. And, gee, there are a lot of liars in high places these days. Gold does not lie. Silver has the ring of truth in it. Drop a silver coin on a marble table and listen. "No ear is deaf to the song silver sings" C. Sandburg again.
Gen z here, I'm 22 almost 23 with health issues and a family. I was blessed to have older parents and learned of silver stacking at a very young age. However, i couldn't truly grasp the true value of silver being about 12 years old. I sold over 20 ounces to get an iphone for $200... How i wish I could get 20 ounces for $200 now 😂 I've been stacking again for almost a year and while I'm on a lower wage it's been nice to watch my savings grow and be protected against economic weirdness. I can finally rest easy for once knowing, that worse case scenario my family will be ok with a small hoard of wealth!
It'd be interesting to hear your take on beginners and those with small amounts of cash on hand for silver and gold as well as other investments. The more cash you have, the easier it is to diversify. It's trickier at smaller amounts. If you do decide to do a video on this, making the assumption that all other bills are covered would make sense.
Buy scrap silver and gold, if .999 better. Usually they sell it a spot price or less, you keep holding until you can sell and buy actual coin and bullion.
Thank you SD! I bought my first ever piece of silver from you guys a little over a month ago and am now learning and collecting as much as I can. Thank you Yankee for sharing your knowledge and providing a space to learn for noobs like myself!
I've been converting my fiat to metal. It removes the asset from the bank and Fed's reach. No matter what the Fed does to the dollar, it doesn't change my metal a gram. I also keep some fiat outside the bank.
In 1942, gasoline was $0.40/gallon. Today, the national average for gas is about $3.50/gallon. Today, 1 pre-1965 dime has $2.17 of silver. Thus, 2 dimes would STILL buy a gallon of gas.
You know what's even scarier Yankee is that these people should already know these things by knowing their history they obviously don't even know their history of the world that problem obviously goes deeper than just not knowing about metals man the education in this country is so terrible nobody cares about our past so unfortunately we're probably going to have to relive it nobody is learning about our past what a shame
Nice video. I'm glad to hear people say gold and silver are not investments. I've believed this for some time. To me, more than anything, it's insurance. I have most of my money in cash (U.S. treasuries & bonds) right now. When (not if) the U.S. dollar crumbles like every other fiat currency throughout history, my gold and silver are the insurance policy that will back me up. Dollar denominated assets will become worthless.
Thank you SD Bullion. I have been a long time customer and would really appreciate winning a monster box and or earrings for my wife. Lol. I have bought over 1000 Oz of silver and a few Gold Oz coins from your website and absolutely love how it’s mailed very discreetly using SD Bearings or other names as a return to sender to protect from mail theft.
Seems that the World Gold Council made a "mistake" and has issued an "apology": twitter.com/goldcouncil/status/1452992705995460625
"We have recently been made aware of a data error on our website, stating that Canada has added 100t to their gold reserves. There’s no official data to suggest that Canada has added to their gold reserves. The error is currently being fixed and we apologise for any confusion."
I call shenanigans! Something fishy is going on here...
ROFL! I deleted my own twitter account as soon as Elon Munsk was announced at its new owner. I feel justified now. Phooey on Munsk!
When Trudeau got into power he liquidated all our gold. It didn't solve a thing aside from us no longer being a player on the markets. No leverage at all.
@Silver Hawke You are absolutely correct my friend. As well,
The RCM is a private entity governed by itself and I suppose with itself. With the current government selling our reserves it leaves us with very little to play the game with other governing nations. It leaves us in a precarious situation.
The old banking system collapsed years ago,the new gold currency has been running on the QFS since,Gold Silver & all previous metals will be valuable,all other currencies will be obsolete,207 countries signed up,and are ready for the reset which will occur after they feign the financial crash.
@Silver Hawke Gold & Precious metals will be the only currency in all countries.
Another popular lie is shop owners who say "I don't have any generic bars right now" when the price of silver is down. They will , oddly enough, have as many Morgan's or ASE as you want . Why? Because the premium is so high on ASE and Morgan's that they can still make a huge profit . But rest assured, when the price of silver goes up, they will break out that lovely stash of generic bars from the back and all of a sudden have stock.
I have gold and silver, not as an investment, but as an insurance policy.
Same! 💯 👌🏻
I bought my son a total of 80 oz of silver from January 2016 to May 2019. My total out of pocket cost (including premiums and shipping) was just over $1,200. I called my local coin store today and asked what they were offering. They said "spot plus a buck". So the sale value (as of this moment) for his silver is over $1,800. That is literally a 50% return. Granted, there is some good timing involved here... but... if that isn't "a sound investment that keeps up with inflation", then I don't know what is.
Wrong, it shows you how much the faux dollar has depreciated through inflation and gov debt.
@@jamesscott4444 That's just a different way to say the same thing. But I appreciate the enlightenment. Thanks.
Long term the metal holds its value over inflation with a lot of spikes up and down over years.
Its great if you ride those highs and lows and flip metals back and forth....say between silver and platinum....and can end up with more metal than if you had just purchased more alone.
its not a get rich quick scheme. the only people getting rich off metals are those who are already rich and can move a million ounces around on a whim. The rest of us just make a few bucks and have a good store of our value.
Hell, even copper and aluminum are safer than fiat.
Thank you for your invite ! I’ve been collecting for years but haven’t sold any of my collection and won’t!
Crazy how people buy silver this week and get mad when they go and sell it the following week
Crazy is right!
Instead of buying at )18
🤣
These are young people who expect to get exactly what they want when they want it.
Price suppression is a blessing to those of us that are late to wake up and begin stacking. An opportunity to catch up
Indeed! Good way to look at it.
Me too, late to the game, but it’s not over yet!
Im in the same boat, 47 and so late All this is so confusing but I'm gonna learn and do my best
I will stop stacking when all the banks and countries stop stacking. If it is useless relic, why don’t they give it away as paper weights for Christmas.
lol 😂 Banks are buying gold and China is buying gold and silver !
I lived through 2 fiat currency change when new government took over. I escaped from the country and stayed alive because I had gold. I did not have to speak the local languages or understand it's monetary system; all I needed was the metric system. People all over the world is mostly good and gold and silver is accepted all over the world. They don't accept paper, it's use to wrap fish and meat.
I fell for the crypto, penny stock, and nft craze! I'm 40, 3 young children and a wife. I was a coin collector and I love coinage. I really thought silver was waaaay out of my price range. I never even looked into it, but I recently got out of debt and I was looking around and stumbled upon the "silver squeeze". I realized how relatively cheap silver was and easily accessible so I've been purchasing what I can. I've been toying with pulling out some of my 401k to invest in silver and gold. It would be a small % and easy to pay back in the coming months. I'm just tired of watching my 401k value decrease, and I think 10% sitting in metals would atleast give me some hedge against inflation but also diversify.
Mark, thanks for a great comment. Sorry to hear about the crypto mistake. There are options with a 401(k) position especially if you have changed jobs or are about to change jobs. I usually don’t recommend people take a penalty hit by taking funds out early. Hedging is good, but it can be accomplished prudently. 👌🏼
Maybe 75 % more helpful to ur 401k
Can or would your i401k holder allow a loan against your $$. Then pay back loan back with interest to yourself back into the 401?
Taking up to 50 % out of your 401k while working and rolling it into an IRA is called an in service distribution.
This way you do not pay any tax until RMDs. Ask your financial advisor about how a variable annuity with income guarantees works.
Consider structured notes and a non qualified indexed universal life insurance with your CPA, insurance professional/CLU and financial advisor. Over the long run stocks can do well even if inflation continues .
Silver and gold and other precious metals can be a smart but small part of a diverse allocation.
Read and learn about all of these things. Always get a few professional opinions.
Spend less than you make .
I think that's wise of you to consider alternative forms of investments especially when you see the dollar is falling everyday. I think precious metals are a good move as well as "utility digital assets" (better known as crypto). You just have to do your research and discover with tokens are going to work closely with the digital financial system as we move further away from the paper fiat system. God bless my brother.
In 1965 the price of gas averaged .31 cents USD a gallon or .50 cents CAD for an imperial gallon (which is 20% larger than a US gallon).
Today those 3 US dimes are worth just over 4.50$ USD in silver and that CDN 50 cent piece would be worth just over 6.50$ USD.
Today in metro Toronto gas cost about 1.70CAD/litre and its 4.54 litres to the imperial gallon, which works out to be roughly 7.72$ CAD to an imperial gallon. That CND 50 cent piece at 6.50$ USD in silver works out to be roughly 8.90$ CAD. So, for us Canadians, silver has been more than a hedge against the cost of gas.
Silver & Gold are like an insurance policy, that I hope I will never have to cash in.
Exactly!
We need to get on a gold standard and off the paper currency
They will say whatever it takes, to keep us from stacking
I view precious metals as insurance not an investment.
Exactly! 👌🏼
Thank you. IF gold and silver are not valued as money, WHY would the mega banks be hording it, and,why's the value decrdeasing?
Funny I had to find out Canada is stocking gold from a US channel. Another fine video 👍🇨🇦
Me too!
Thank you listing and debunking some lies about gold and silver.
I have excess savings mostly in gold and silver. Recently been converting some fiat into more alcohol and am planning on overstocking my bar plus get some barter-able liquors as well. I have insider knowledge (and have witness) a few $5 to $10 jumps in several products. These jumps have been accruing in scotches, whiskeys and tequilas in my area. Neither rum or vodka hasn't moved yet and I believe wine will be one of the last to jump or whenever the 2022 harvest starts to hit the shelves. I highly recommend, even if you don't drink, to get some cheap alcohol for trading and gifting purposes. Btw, you can use vodka in homemade cleaning supplies.
TLDR: On top of stacking some gold/silver, stack some alcohol for bartering and cleaning before the price goes up even more.
Thank you Yankee for being a Voice in the Wilderness to so many listeners.
SD Bullion and James Anderson are the best when it comes to education and purchasing of gold & silver. Thank you!
I buy gold and silver as a savings - I’m don’t do too well in saving cash. When I purchase Gold and silver I don’t spend my cash spur of the moment purchases. Yes , I have premiums to pay but if were cash I most likely would have far less because of unfortunately bad spending habits
Thank you for all the information you share. I'm retired but still learning .
Thank you SD for your giveaway 1920 Car cost $500 =25 gold coins. Today a car costing $45,000 k=25 gold coins at $1,800 =0 inflation . On the other hand $500 you bought that car for in 1920 won't even buy you 4 car tires today.Thank you Yankee
Thank you Yankee for teaching us and helping us be smarter and braver in our investments. Thank you S D for helping us get our gold and silver fix without spending more than we need to.
THANK YOU
Not to come across as negative or unappreciative because l do like SD’s lower premiums, but my order was poorly packaged and my 5 oz silver bars weren’t wrapped or secured inside the box. Just floating around banging up against my other PM’s. Not
encouraging and somewhat disturbing.
@@stephanies7013 Stop complaning
@@Steve_the_Lion why? It’s my money. You kiss my ass! I have a legitimate concern!
@@stephanies7013 No, you're just a whiny female
Thank You. I can remember when silver was 3.50 -4 dollars more or less. I wanted to buy 1000 1oz coins. I had an extra 4k and no sellers. I would go to these coin shop stores; all they had were collectible coins that I did not want. Thanks, Yankee, I really like your one on ones with your Bullion dealer.
Hi Yankee! Another great video! Maybe you just don't remember when you were (a Millennial) younger. I remember, when I was younger, and first got into rental real estate, I thought I could retire by the time I was 40. Well, to make a long story short, I didn't retire at 40. Don't get me wrong, rental real estate has been very good to me, over the years (one of my best investments as a matter of fact). Keep the great precious metals videos coming Yankee! 😎
Oh…I remember!! 😆
You're the best Yankee! 😎
I agree that the price of gold and silver have manipulated down so that the banks have stocked up on gold and silver.
That is fantastic Yankee and SD Bullion! Thank you for all you do for the stacking community… Love love love 🧡 👩🌾🧡
Thank you big daddy. You have so much information that you share, wonderful.
I give out silver for Christmas to all them grandkids each year. The oldest was in a little financial bind. I told her that is what the silver is for sometimes. Nope, she would not cash them in. So proud of her.
You should be!
I’m a millennial and I started with precious metals, and some stocks I believe crypto is a scam and has no intrinsic value. Great content!
Great video! Silver + gold absolutely are money, and gold jewelry was worn so people could carry their wealth long before coins were ever created. I collected jewelry long before I started stacking. Thank you, SD and Yankee for the very generous GAW. Good luck, everyone! Stack On!
@@DrSchor I was referring to a time in history before the creation of coins. There is no reason to do this now because we have access to various investment/savings vehicles for storing our wealth. We also have access to security systems and safes for our homes, and we pay for goods and/or services with cards/bills stored in our wallets - not with a link, sliver or chunk of gold broken off a necklace, bracelet, or ring.
Thank you for praying for our country and others it is much appreciated. Please pray for The Kneady Homesteader, She is going through a lot. I enjoy your videos . Keep spreading truth.
"Gold is money! Every alse is credit"😉
Gold is something, Fiat is nothing!
Thank you Yankee for keeping us up to date on the Gold and Silver market! And thank you SD Bullion for providing a supplier we can trust and these exciting giveaways!
I agree 100%. Gold and especially silver will take their place again as the undisputed heavyweight champions of money when the public finally come out of their football, pizza, beer and drug induced comas and see their 401k's and savings getting hyperinflated away. Real money always has value. Currency is what loses value over time. Americans are about to discover the hard lesson of the difference in currency and money.
Right on brother
Thank you. Silver and Gold were the original financial transactions. Paper money is not real money. Jewels were also valuable and still are.
Thank you Yankee! I appreciate all that you do for our great community.
It is a good thing that silver and gold have not gone up with inflation, you can acquire more at bargain prices.
Thank you SD Bullion for supporting content creators into precious metals good job Yankee and say hi to Tim ❤
The problem is when gold and silver hits a certain price no one wants it and you can’t sell it. And People don’t have the infrastructure or knowledge to use them as a actual everyday currency anymore. Diversify properly!
Thank you for telling the truth. You've opened my eyes.
Paper gold is used to keep the value of gold down.
“gold is the only money, everything else is credit” -jp morgan
Thank you Yankee! Thank you SD Bullion. The Gold earrings are super nice.
Thank you SD Bullion for what you do 👍🇺🇸
I guess some of it’s semantics. What is money? What is an asset? What is an investment? Overall the message is on point though even though I don’t think it fits the definition of money because it’s not widely accepted as a pure medium of exchange. When Amazon starts accepting gold and silver coins I will agree.
Spot-on for Lie #1. One of the reasons our coinage was minted in different sizes was to differentiate not only denomination, but actual silver content as well.
Thank you ❤️ inspirational to just see thoose two chest of gold and silver, recently started stacking, so far only 7 oz of silver, but still a start 😁😊
Wish I had treasure boxes filled like yours
Start stacking and you'll be there before you know it.
Brandon’s right! Keep stacking bit by bit and you’ll definitely get there! 👌🏼
I wish I had the junk box
Thank you Yankee. This is a great GAW. Keep educating the public even if they don't subscribe.
Thank you SD for such a generous GAW! And thank you Yankee for all the great content and humor you bring. I really look foreward to watching your videos w/ Tim .
Thank you SD bullion for beautiful Christian themed pieces. Thanks Yankee for not denying Christ with the platform you have earned and grown. Blessings y'all, be prudent Spiritually as much as financially.
Thank you SD Bullion for your generosity on Yankees channel!!!
There's a reckoning coming for economies around the world and if we're not ready we could go down in flames with them. I'll never be all in on gold and silver because the word of God tells me to diversify my wealth, but I do hold a substantial amount. Thank you Yankee and Thanks SD Bullion!
Yep. Ecclesiastes 11:2 👌🏼
well, to be fair, I stack LMU gold coins but if someone asks "is gold money?" I would also reply "no, it's a metal". Same for diamonds or oil. Money are coins or banknotes that can currently be exchanged for goods. Here we all agree that gold bullions and coins are better than money, but technically I wouldn't describe it as money.
Thank you to SD Bullion for the future giveaways! Thank you Yankee for the education.
my brother in law is in the banking sector. He actually manages investment accounts for bank customers.
I talk to him about gold and silver and he just gets a dazed look on his face like he has NO idea what Im talking.
Years now Ive been trying to get him to understand the difference between paper nothing assets and metals.
Good luck !
Thank-you so much SD! You are so generous I am always amazed. Thanks also to you Yankee for sure for sharing yourself, your time and your treasures with all of us. A bright spot in often a difficult time.
I’m humbled by your kind words. Really, thank you! 😊
20% in precious metals = way TOO low in Allocation of funds = we’re living in a 170 year old Fake-Too low
Precious metals PRICE market .... SELL anything of value = buy
BUY
SILVER ....
I started collecting silver back in 2002 when I got an inheritance . I bought silver rounds and then I started buying silver coins. This then led me to coin collecting. I didn’t realize then that I was building my wealth. So when silver was at 10-15 dollars an ounce I really got into buying more silver. I bought 6 oz 8 oz and whatever other silver that I could get my hands on. I just bought it because I liked it and the price was right. I don’t have to say it but my attraction to silver has paid off in big dividends. Oh I got off track, as I said I was also building coin collections. I am still buying coins but only if I like them and I am also buying ASE but only if they are slabbed and are at MS 70. These are also bringing in fantastic returns. But I am now collecting high MS coins and filling my collections with high graded coins.
Copper was part of the coinage act as well. For cent and half cent denominations. Interesting how pure copper pennies aren't minted for circulation anymore. Thanks for the video!!
I stack pre 1981 pennies when I get them in change. I got a coffee can full. They are already worth more than face.
Thank you Yankee Stacking and SD Give Away. 🙏🏼
After the last 2 days, I am sure crypto billionaires would have loved to have bought some gold with their tulips when they could. 😅
😂😂😂
I enjoy buying silver but for the time being I’m sitting on the sidelines with these premiums on generic stuff so insane.
Thank you SD for such a generous give away, anyone would be lucky to receive these earrings, and always love the info Yankee gives🙏💕
Thank you Yankee and SD Bullion for providing great information about silver and gold.
Don't forget that JP Morgan is one of the largest purchasers of gold and silver!!
And Costco
Thank you Yankee!!!! Love the channel from Oregon.
Good evening Yankee I'm feeling great today. It took me a long slow and steady pace this I have completed 2 goals I set for myself when I started stacking a few years ago. I have a Monster Box 🗃 of Silver and a Tube of 1/10 oz gold coins and rounds thanks to you Sal, Tim and everyone The Stacker Nation. Have a wonderful Thanksgiving and Christmas 🤶 Holiday. Next year I'm going to continue to stack more Gold, 500 oz of Silver is very heavy. Taking a trip to Vegas for a few days. I'm keeping you and your family in my prayers.
Thank you for your prayers, Calvin!
New stacker here. Yankee Stacking has become my go to stacking channel! Always good info and you can't beat a good Tim rant video. Thank you for the content!
Thanks, Randy!!
Lie 4 was used on me by my investment company. You would not believe the forms that I needed to sign when I converted 20% of my portfolio to metals.
Oh, I can imagine!!
If you don't hold it physically you don't own it
"Liars come to believe their own lies" Carl Sandburg. And, gee, there are a lot of liars in high places these days. Gold does not lie. Silver has the ring of truth in it. Drop a silver coin on a marble table and listen. "No ear is deaf to the song silver sings" C. Sandburg again.
Gen z here, I'm 22 almost 23 with health issues and a family. I was blessed to have older parents and learned of silver stacking at a very young age. However, i couldn't truly grasp the true value of silver being about 12 years old. I sold over 20 ounces to get an iphone for $200... How i wish I could get 20 ounces for $200 now 😂 I've been stacking again for almost a year and while I'm on a lower wage it's been nice to watch my savings grow and be protected against economic weirdness. I can finally rest easy for once knowing, that worse case scenario my family will be ok with a small hoard of wealth!
We’ll done!!
"Thank you", Yankee and SD Bullion. Love the Channel and the Website
It'd be interesting to hear your take on beginners and those with small amounts of cash on hand for silver and gold as well as other investments. The more cash you have, the easier it is to diversify. It's trickier at smaller amounts. If you do decide to do a video on this, making the assumption that all other bills are covered would make sense.
Have you checked out my playlist called “prepping the Yankee way“?
Buy scrap silver and gold, if .999 better. Usually they sell it a spot price or less, you keep holding until you can sell and buy actual coin and bullion.
I love buying from SD when I have extra $$$. I have enough silver for now. In the process of saving to increase my gold
Thank you SD! I bought my first ever piece of silver from you guys a little over a month ago and am now learning and collecting as much as I can.
Thank you Yankee for sharing your knowledge and providing a space to learn for noobs like myself!
Just be careful and do not spend more than what you have in hand. Too many have made that mistake. It is a hedge and needs to be treated as such.
I'm glad for you SD bullion has high premium but you have the assurance that it's real silver
I've been converting my fiat to metal.
It removes the asset from the bank and Fed's reach.
No matter what the Fed does to the dollar, it doesn't change my metal a gram.
I also keep some fiat outside the bank.
Thank you for exposing the evil of banks.
In 1942, gasoline was $0.40/gallon. Today, the national average for gas is about $3.50/gallon. Today, 1 pre-1965 dime has $2.17 of silver. Thus, 2 dimes would STILL buy a gallon of gas.
I just found the small part of your stack shown in this video impressive!
Thank you, SD bullion, and Yankee for teaching.
You know what's even scarier Yankee is that these people should already know these things by knowing their history they obviously don't even know their history of the world that problem obviously goes deeper than just not knowing about metals man the education in this country is so terrible nobody cares about our past so unfortunately we're probably going to have to relive it nobody is learning about our past what a shame
Thank you SD Bullion. You are my go to online dealer🥰
Hi, what do you think is better to invest in, silver or gold, at this monent?
Watch for my video dropping tomorrow. I go into what I’m buying!
A Fire Extinguisher isn't an investment either, but if my kitchen stove went on fire I would pay a premium price for it if I didn't have one.
Thank you SD bullion, I wish my wife loved gold as much as me, 😂 appreciate your content so much Yankee
Thank You Yankee ❤
👏👏👏 and Thanks SD
Great video Yankee! Prior to 1873 silver and a bi metallic monetary standard was the norm for centuries
Thank you Yankee for revealing the “lies” regarding gold and silver purchases. Your info will move me forward !
Cynthia Bussiere
What's the best fractional coins?
"Thank you" .... Yankee for your videos. And thanks to SD for their sponsorship!
Great Video, so so informative! Great way to break down all of these lies! Keep stacking everyone!
Thank You for waking people up about precious metals
Thank you yankee 😊
Nice video. I'm glad to hear people say gold and silver are not investments. I've believed this for some time. To me, more than anything, it's insurance. I have most of my money in cash (U.S. treasuries & bonds) right now. When (not if) the U.S. dollar crumbles like every other fiat currency throughout history, my gold and silver are the insurance policy that will back me up. Dollar denominated assets will become worthless.
Thanks Yankee… been watching your channel since I started stacking.. great information.. you da man !! 🤙🏽
Thank you so much, Danny! I really appreciate that. 👌🏼
Thank you Yankee for all you do in giving out Silver knowledge and Thank you SD Billion for being the go to place for getting Silver.
Cool boxes, Thank you for your education you share with us.
Thank you SD Bullion. I have been a long time customer and would really appreciate winning a monster box and or earrings for my wife. Lol. I have bought over 1000 Oz of silver and a few Gold Oz coins from your website and absolutely love how it’s mailed very discreetly using SD Bearings or other names as a return to sender to protect from mail theft.
Very good information Yankee, keep your videos & the videos with you & Tim coming.
Thanks! Will do. 👌🏼
Thank You SD Bullion and Yankee Stacking for taking such good care of us financially and more so educationally