Silversmith's Shocking Claim -- Silver Spot Price Could Completely VANISH Soon!!

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  • Опубликовано: 29 сен 2024
  • Local Silver Mint products ➡️ bit.ly/SilverD...
    In this video my bullion dealer Silver Dave of Local Silver Mint claims silver's spot price could completely vanish! Is he right? Could the insane COMEX market, with their massive and fraudulent paper claims on physical silver, fail to deliver on its silver promises? Could there be panic when the price of silver hits $50 an ounce, $60 an ounce, $100, $120 and silver deliveries cannot be made?? Watch as we discuss this real threat and show the amazing manufacturing process of Local Silver Mint's silver wrenches and silver hammers. Join Silver Dave and his team on another tour of their incredible silver mint! Never before has stacking precious metals been as important to do as it is today. Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency. Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation!
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    #Silver #SpotPrice #COMEX

Комментарии • 556

  • @AJ-ox8xy
    @AJ-ox8xy 4 месяца назад +130

    It's my opinion that once silver moves past 50$. The Comex will shut down in my opinion and declare force majeure. Then no one knows the silver or gold price. It'll be the moment that essentially the ETF and Derivative Market literally collapses. People will call in and panic when no one gets anything they're owed.

    • @edb3877
      @edb3877 4 месяца назад +8

      Yes, they will be calling, but will those calls be answered or put on indefinite hold?
      "The Comex will shut down in my opinion and declare force majeure."
      Or forced manure... as if having the chit kicked out of them.

    • @LatimusChadimus
      @LatimusChadimus 4 месяца назад

      It's true no one knows the price but that's because they've done a lot of deception removing the idea of value from the price. Everybody knows the price of everything yet the value of nothing, just like people think paper currency is money even though it is not money

    • @JFEnterprize
      @JFEnterprize 4 месяца назад +12

      So will silver become worthless or priceless 🤔 🎉❤

    • @SniperLogic
      @SniperLogic 4 месяца назад

      @@edb3877phones will be out of order.

    • @suminh100
      @suminh100 4 месяца назад +7

      @@JFEnterprize I think only temporarily, because at some point, all assets go to their true fundamental value.

  • @ingodwetrust3283
    @ingodwetrust3283 4 месяца назад +64

    It is Biblical that at some point we will not be able to buy or sell. Which at some point, bartering will have to take place. IF YOU PUT GOD FIRST HE WILL ALWAYS PROVIDE. Do not put gold and silver before him. It’s ok to have it, just don’t worship it. Use common sense and stock up on your needs. Keep silver and gold as plan B.

    • @beebob1279
      @beebob1279 4 месяца назад +4

      The Bible was written by man and not God. Remember that too

    • @bradleyjordan5365
      @bradleyjordan5365 4 месяца назад +5

      @beebob1279
      God used their physical body as a vessel/tool. The information that came to their minds was channelled through them by God.

    • @sixfigureskibum
      @sixfigureskibum 4 месяца назад

      God is a woman

    • @bradleyjordan5365
      @bradleyjordan5365 4 месяца назад

      @sixfigureskibum
      You must be pagan.

    • @beebob1279
      @beebob1279 4 месяца назад +2

      @@bradleyjordan5365 No, the Romans took all the different sects and their writings and put together the new testament to meet Rome's needs. That's it and nothing else.
      They left out books of biblical stories to meet their needs.

  • @fredflint8399
    @fredflint8399 4 месяца назад +93

    Hard to believe people trust others to hold their silver in a vault instead of in their hands....

    • @rickstalentedtongue910
      @rickstalentedtongue910 4 месяца назад

      Yes, in China, the shops closed up with peoples gold and left town. Government refuses to do anything.

    • @GrizzlyJRofficial
      @GrizzlyJRofficial 4 месяца назад +17

      Not surprised at all, take their phone away and most ppl wont find their way home

    • @jeffee1933
      @jeffee1933 4 месяца назад +5

      @@GrizzlyJRofficiallolol

    • @slapdat.byteme
      @slapdat.byteme 4 месяца назад +1

      Some do it because they invested in, or converted to, a precious metals IRA, which was a smart move. When you do this, the metals have to be stored in a depository, otherwise taking physical delivery incurs taxes and an early withdrawal penalty if the account owner is under 59-1/2. This is definitely one time where it’s a good move to have your metals secured by someone else.

    • @joshbamber
      @joshbamber 4 месяца назад +6

      Hard to believe people trust others in general.

  • @jcisar
    @jcisar 3 месяца назад

    How can we verify the 350:1 claim? That's wire fraud and those responsible need to be held to account

  • @magnanova
    @magnanova 4 месяца назад

    Very cool operation they have there! The spot price might disappear for a while but a market price will always emerge if the internet is still working. The spot price itself represents a huge business opportunity so someone will always try to invest in that opportunity.

  • @NHPatriot
    @NHPatriot 3 месяца назад

    Silver Dave is my neighbor, a bunch of us hung out last night at the Camp Fire Pit. He has an extraordinary Mint setup, I've done some of his steel fabrication in it.. The most impressive thing about Dave and his crew is how brilliantly they have developed their processing techniques for all the unique original products they are producing. I bought my WRENCH a couple of months ago, it's 9.4 Troy ounces, and has increased in Value over $50 dollar's in that short period of time. I'm excited to see where the spot price goes this week...

  • @RobsMetals
    @RobsMetals 4 месяца назад

    Why is there a need for stock for a futures contract that is made for delivery in 1month at a fixed price. The only stock needed would be for deliveries to be made for contracta due. You cant ask for delivery until the delivery date is due.

  • @stevewoods8116
    @stevewoods8116 4 месяца назад +1

    He is fun guy. A little out there, but then again I never thought we would be where were at.

  • @malcombe7001
    @malcombe7001 4 месяца назад

    Dave is spot on. I've had comments deleted from silver sights, because I dare ask; 'what happens when the dollar is dead, what are you going to be pricing it against then? I have been deleted 50 times at least.
    It's like bitcoin, my nephew was trying to get me in to it and I said, 'how can a decentralised token be valued by fiat currency, if its meant to be independent ?
    Yankee, I'm glad you covered it, none of us know, but it will happen

    • @malcombe7001
      @malcombe7001 4 месяца назад

      Oh, Dave is brilliant, have him back.

  • @robertclark9
    @robertclark9 4 месяца назад

    The “price” of silver, has nothing to do with the “value” of physical silver right now. Unless I’m buying. And even that doesn’t matter much, because I’m always buying. The US dollar has been cooked down to the bone, and is being held up with pick up sticks. This is wealth 💰 This is shit 💵💸

  • @Genebaket
    @Genebaket 4 месяца назад +1

    Guys got lots of energy. I love it.

  • @cyberwolf77X
    @cyberwolf77X 4 месяца назад +1

    OMG what a great video once again. So much entertainment and information. I feel like Jonny 5 in the movie Short Circuit, more input Yankee, more input. LOL. You are such a blessing and inspiration to us and may God bless you abundantly. Also love the work the silver guy does in this video. High five him for us also.

  • @srryabturdaughter
    @srryabturdaughter 4 месяца назад

    100% agree!! The little 1gram finger nail pieces will be filling my gas tank, buying several carts at Costco, and 10oz will be high end super cars (Porsches, Lambos etc). 😂

  • @arte9855
    @arte9855 4 месяца назад

    Needs to screw the longer wood to the wrench. Save a few steps...

  • @ericwitt4586
    @ericwitt4586 4 месяца назад

    I think he’s got a very valid point it very well could happen and the same with Gold too thanks guys all of you !!

  • @BatmanBoss
    @BatmanBoss 4 месяца назад +1

    Thanks buddy god bless ❤️

  • @gunmetalblue7714
    @gunmetalblue7714 4 месяца назад

    Silver is the tool we need to fix our currency!

  • @youngphil8766
    @youngphil8766 4 месяца назад +2

    Very cool tools 😊

  • @erikanthes954
    @erikanthes954 4 месяца назад

    I just bartered with silver for a life changing project for my family.

  • @laetitiazichy-vanlidth5882
    @laetitiazichy-vanlidth5882 4 месяца назад

    Marvellous guy with a marvellous idea😊

  • @pally867
    @pally867 4 месяца назад

    1 OZ of silver would make a really huge omelet.

  • @JohnPaul-ng8lh
    @JohnPaul-ng8lh 4 месяца назад +2

    If there's a threat to the Banksters, IMO, they'll declare a "bank holiday" then say that due to a Force Major, they can't meet the demand and give cash payouts to those who won't get any physical silver.

    • @davidward1259
      @davidward1259 4 месяца назад +1

      But "cash payouts" based on what value? As soon as they admit there is no more supply and none to be had, the situation will just get worse as more people panic, further driving the price of actual silver higher and higher as everybody scrambles. Do the banks pay on the purchase price of the paper or on the market price? I seem to recall all the talk about "mark to market" for bank ledgers..... This could get crazy real fast.

  • @scottcameron9267
    @scottcameron9267 4 месяца назад

    Great way to hide your stash, put it in tool boxs

  • @erikbauer7079
    @erikbauer7079 4 месяца назад +2

    LOVE YA Silver Dave!!! Thank you Yankee for the great video!!!!!

  • @landonchurch1
    @landonchurch1 4 месяца назад

    It's an interesting perspective. But I tend to think there will still have some kind of USD reference point.

  • @waynewilcox4776
    @waynewilcox4776 4 месяца назад

    I'm pretty much in agreement with Dave. Here's how I see silver going:
    >Silver at $34, Katie bar the door. You'll see a quick pop to $50 and $55. Once silver hits $55, Fibonacci math takes over.
    >Silver runs until it hits the natural resistance level, the Neumeyer Ratio (6 to 1 silver to gold). Right now, that's $400 to $410 silver.
    >My best guess is that gold runs first, then silver. They can't have silver hitting the Neumeyer Ratio too soon.
    >B of A has to fail first for things to really get moving. They leased 1b ounces of physical silver from JPM. That lease has to be settled in physical. That amount of physical doesn't exist. JPM will take the keys to B of A in settlement. Remember the 2005 Gold Lease Screw Job that this country pulled on China? Who took the keys to the JPM building at a 90% discount? China. Doesn't it seem strange for Jamie Demon to be having a panic attack over a 35-year-old banker that didn't even work for JPM dropping dead of a heart attack, then announcing his retirement at year end? Looks like a rat jumping ship, if you ask me.
    >Once JPM takes the keys to B of A, silver goes 1 to 1 with gold. This is when the spot price disappears, like Dave is calling for.

    • @samsmobilepressurewashing8422
      @samsmobilepressurewashing8422 4 месяца назад

      I'm not doubting the evil on behalf of those big corporations, im sure they do in fact manipulate and buy up big contracts. I think you're wrong about JPM wanting physical I really don't believe they have any grand scheme to manipulate physical holdings just the cash gains from the contracts. And for the love of God, stop believing those videos about silver to gold ratio. It is Nonsense! There is plenty of above ground physical, way, way, way more than the 1.4 billion ounces that Google reports. Silver might break $50 maybe even climb to $100 but at that point, we may be a cashless society, you will 100% be paying capital gains tax and maybe get 80% of spot until price support happens. Once again, silver will never be scarce, or rare, industries avoid silver and gold because they use metals that are a fraction of the price and use the bare minimums. This isn't 1937 when baby rattlers and table tops were made from .925. Those days are long gone, stop believing that $400 an ounce Nonsense, people telling you that probably also sell silver/gold on thier own website and a fortune off convincing people like you that silver will breach the $100 price threshold. The US will be in turmoil and probably complete mayhem if it ever happens, not to mention trading for digital fed dollars. Why would JPM, blackwater, and big banks want to ever hold physical when their counterparts and financiers (Fed Treasury) want absolutely nothing to do with physical! Makes no sense.

    • @samsmobilepressurewashing8422
      @samsmobilepressurewashing8422 4 месяца назад

      Complete Nonsense

  • @donnadehardt5728
    @donnadehardt5728 2 месяца назад

    So wrenches & hammers for fun? I thought maybe it was a deliberate move to hide it. Put it in your tool box & thieves would think it was just another wrench. (But thieves like tools - uh oh)

  • @OurTimeIsOut
    @OurTimeIsOut 4 месяца назад

    I need a 9/16 x 1/2" wrench 😅😂

  • @CSXOhioRailFanPlus752
    @CSXOhioRailFanPlus752 4 месяца назад +1

    Nice Video

  • @honig75
    @honig75 4 месяца назад +1

    Very good, thnks

  • @jackhalloween7373
    @jackhalloween7373 4 месяца назад +1

    I'd sure like a silver knife 🗡️🔪.
    I agree with his assessment about the collapse of the paper silver market.
    Thank you 🙏

  • @russiachinanorthkoreastatetv
    @russiachinanorthkoreastatetv 3 месяца назад

    You guys are crazy! … the futures markets won’t collapse … more physical will be pulled from industrial demand & stored at as an asset. Spot Price will just go up … it can get as high as half as good before anything happens to market infrastructure … there will always be a cash derivative futures market for every asset class & commodity

  • @LeviBroflovski
    @LeviBroflovski 4 месяца назад

    This makes me want to buy another kilo

  • @hollyh9334
    @hollyh9334 4 месяца назад +4

    Silver Dave! Crazy dude there! But he does cool work!

  • @NHPatriot
    @NHPatriot 3 месяца назад

    Wrenches and Hammers are part of what Dave call his "Stealth Silver". It can be hidden in plain sight or in your kitchen junk drawer, and a Burglar would walk right past it not knowing it's value of being solid 99.9% Silver... He just puts a very tiny 99.9 marking on one side of the STEALTH Products...

  • @kenpeters9807
    @kenpeters9807 4 месяца назад

    Sorry. I just found the items on SDB

  • @samabrahams7687
    @samabrahams7687 4 месяца назад

    Grab the physical guys its the only way .

  • @acdc1363
    @acdc1363 4 месяца назад

    Make some thors hammers 🙏

  • @theambiguoustruth8167
    @theambiguoustruth8167 4 месяца назад

    Great video

  • @SniperLogic
    @SniperLogic 4 месяца назад +28

    Customer, “Hello. I’d like to take physical delivery of my silver please”
    Customer service, “Sorry, you’re breaking up. Can’t make out what you’re saying. Please call back when in a better service area.”
    Click

    • @michaeljames8408
      @michaeljames8408 4 месяца назад +7

      Customer Service -- Me No Speak Hinglish,, lol...

    • @YankeeStacking
      @YankeeStacking  4 месяца назад +3

      😂😂😭

    • @PumpkinKingXXIII
      @PumpkinKingXXIII 3 месяца назад

      The rules of the comex are that they can at any time refuse delivery and settle with cash.

  • @johnbegler7687
    @johnbegler7687 4 месяца назад +19

    The paper market on silver is like a big game of musical chairs and when the music stops, there gonna be a lot of people left without a seat

    • @Landstalker1999
      @Landstalker1999 4 месяца назад +3

      Except its much worse than that because when the music stops, not only are there way less chairs vs people standing, they will take away 90% of the chairs right before they stop the music. 😂😂😂

  • @TheQuickSilver101
    @TheQuickSilver101 4 месяца назад +27

    Silver Dave is always a blast with his seemingly boundless enthusiasm! The hammers and wrenches are incredible. I'm going to have to see how much they are... there might be a shiny new tool in my future!

    • @russelbrown6275
      @russelbrown6275 4 месяца назад +3

      Have you seen his swords?

    • @TheQuickSilver101
      @TheQuickSilver101 4 месяца назад

      @@russelbrown6275 I have and they are equally neat!

    • @NHPatriot
      @NHPatriot 3 месяца назад +1

      I bought a Wrench and it was 9.4 Troy Ounces. I forget what he charged over Spot for manufacturing, I think it was 6 or 8 %. He had a variety of Wrenches at the showroom, my budget that day was $300 so I just picked out the one I wanted in that range...

  • @kingglizzer
    @kingglizzer 4 месяца назад +15

    It's hammer time? When Yankee grabbed the bucket of buffaloes, Dave should have said "can't touch this".😂

  • @scottmcneill6333
    @scottmcneill6333 4 месяца назад +23

    Reality check for the paper silver owners. Shhhhhh

    • @shadowbanned4days
      @shadowbanned4days 4 месяца назад +2

    • @edb3877
      @edb3877 4 месяца назад +3

      Yes, it is. They still think that they have real wealth in their paper silver stash. ha ha ha ha ha Something about fools and their money?

    • @rickstalentedtongue910
      @rickstalentedtongue910 4 месяца назад

      @@edb3877 No, it is only a tool for them to hammer the price down.

    • @TomokosEnterprize
      @TomokosEnterprize 4 месяца назад

      No paper silver in this house or in the back yard next door.

  • @hendo19742
    @hendo19742 4 месяца назад +20

    GOT SMASHED DOWN TODAY, NOT SURPRISED!👀

    • @loanthruag6778
      @loanthruag6778 4 месяца назад +5

      If it keeps going up, then there's problems.

  • @jsivco3sivco785
    @jsivco3sivco785 4 месяца назад +12

    ♫ Bang, bang, Maxwell's silver hammer
    Came down upon her head
    Bang, bang, Maxwell's silver hammer
    Made sure that she was dead ♫

  • @SlowRacer729
    @SlowRacer729 4 месяца назад +8

    Thanks for giving us a peek inside the silver foundry. I thought it was fascinating. Keep stacking!

  • @MrBluegrassfiddler
    @MrBluegrassfiddler 4 месяца назад +3

    Bix Weir has also said that the Comex will no longer trade silver as spot price exceeds $50. We shall see.

  • @Eli-qr9hc
    @Eli-qr9hc 4 месяца назад +7

    Thanks! And this is exactly the reason why I don’t use vaults to hold my Precious Metals nor have 401(k)s for precious Metals… I only want physical Precious Metals,period.

    • @westcoaststacker569
      @westcoaststacker569 3 месяца назад

      Besides, there is no paperwork if I need to give up any.

  • @UNoBugMe1
    @UNoBugMe1 4 месяца назад +11

    What a great video!!!! A lot of enthusiasm going on.

  • @michaelangelobergeron5980
    @michaelangelobergeron5980 4 месяца назад +17

    He really needs to make silver knuckles! I’d buy a pair! I even have a pair of brass knuckles he can use as a mold

  • @TheTigerStacker
    @TheTigerStacker 4 месяца назад +12

    Great video guys. TY Silver Dave for making LSM for all of us. Love your fractional and also love your fun products. YES, IT IS HAMMER TIME!!!!

  • @jackstoltz1379
    @jackstoltz1379 4 месяца назад +8

    You should have a small handle on top the wooden wench form to pull it out of the sand easier

  • @TobaccoRowe1960
    @TobaccoRowe1960 4 месяца назад +2

    Stop it, you are making me look at my two weed burner torches with wild and crazy ideas.

  • @pineynj
    @pineynj 4 месяца назад +5

    OSHA must be going crazy if they're watching this.

  • @Michael-Stacking
    @Michael-Stacking 4 месяца назад +8

    I purchase 1 dozen jumbo Yard Eggs for 1 Mercury dime, can't buy these in the big box stores

    • @edb3877
      @edb3877 4 месяца назад +1

      What's a jumbo Yard Egg?

    • @Michael-Stacking
      @Michael-Stacking 4 месяца назад

      @@edb3877 The largest farm fresh egg that comes from a local neighbor who allows their chickens access to graze their acres of land. Free range is another name. But I personaly have been there to see it.

    • @KentSergent-xe7kx
      @KentSergent-xe7kx 4 месяца назад +1

      ... Victory Ranches!

  • @suminh100
    @suminh100 4 месяца назад +6

    Please correct me if I'm wrong, but I thought that amongst the tiny print of COMEX derivative contracts, there is a "get out" clause that says that futures contracts do not need to be settled physically if there is a shortage of physical gold/silver? So when there is a shortage, futures holders will be given the cash alternative at maturity. Is that right?

    • @asabovesobelow7200
      @asabovesobelow7200 4 месяца назад +3

      That’s exactly right😊

    • @davidward1259
      @davidward1259 4 месяца назад

      @@asabovesobelow7200 but at what price? Price of original contract?

    • @Landstalker1999
      @Landstalker1999 4 месяца назад +1

      So for their IOU paper they will echange for you another form of IOU paper that is depreciating in value very quickly. 😂

  • @sarge27271
    @sarge27271 4 месяца назад +5

    Price discovery will come from the East. Cheers

  • @shadowbanned4days
    @shadowbanned4days 4 месяца назад +44

    The silver movement is in full force. This is a sign that WE THE PEOPLE are making the change! USA 🇺🇸

    • @lxmzhg
      @lxmzhg 4 месяца назад +6

      Actually it's an indication that WE THE PEOPLE are being screwed. Most people don't own any silver. The price of silver has gone up, because the value of our fiat currency is diminishing by the minute.

  • @Sunsetstacker
    @Sunsetstacker 4 месяца назад +9

    Great video Yankee, love to watch Dave. The Local Silver Mint is very innovative,cool! Thanks

  • @MrSymbolic7
    @MrSymbolic7 4 месяца назад +22

    He might be correct , it was at $32.50 and that vanished down to $32.00 and then that vanished down to $31.50 and then that vanished to $31.00 and then that vanished down to $ 30.67 but only because the price setting mechanism closed , to cool off the computers for an hour !

    • @edb3877
      @edb3877 4 месяца назад +1

      "... and then that vanished down to $ 30.67 but only because the price setting mechanism closed , to cool off the computers for an hour !"
      Yep, classic move on the part of TPTB... rug pull. 😕

    • @MrSymbolic7
      @MrSymbolic7 4 месяца назад

      @@ScottOuellette-p1d May 22, 2024 5:59 PM NY Time
      Kitco 10AM Silver Fix
      Silver
      30.67
      -1.26

    • @geneeverett7855
      @geneeverett7855 4 месяца назад

      It was $22.00 less than 10 months ago. Wouldn’t be surprised to see $27 re test. People focus 2 much on one or two weeks move. Direction in long to is up. No need to focus on short term

    • @geneeverett7855
      @geneeverett7855 4 месяца назад

      So it’s a rug pull from $32 to $30.70 but nothing when it rips from $22 to $32 ? So tired of the focus on two dollar moves. It’s mostly legit price action. Can’t have it both ways

  • @frogmanant
    @frogmanant 4 месяца назад +5

    If the comex shuts down, will the shanghai exchange not become the real price determiners?

    • @KentSergent-xe7kx
      @KentSergent-xe7kx 4 месяца назад +3

      ... nope! Maybe, we just won't sell, and we'll keep our real monies, in America. We can do this! It's been a LONG TIME since we've really shown them our muster. ... Victory Gardens, Victory Homes, Victory Schools, Victory Hospitals.

    • @davidrawlings7325
      @davidrawlings7325 4 месяца назад

      @@KentSergent-xe7kxmost Americans really have no allegiance other than their own interests. If China offered attractive prices people will sell.

  • @piedpiper7051
    @piedpiper7051 4 месяца назад +4

    Why isn't he vacuuming it while at the point of grinding & polishing? No reason the dust should ever hit the floor.

    • @geneeverett7855
      @geneeverett7855 4 месяца назад

      That makes no sense.

    • @PauIieWalnuts
      @PauIieWalnuts 4 месяца назад

      They sweep and recover dust. Everyone does it

  • @davidf3883
    @davidf3883 4 месяца назад +34

    today was the day for all of us silverites to buy with a 4% knock down. Don't you love it when a crazy (like a fox) person starts their own business and succeeds. Who would have guessed silver hammers and wrenches would sell? I admire your inventiveness Dave.

    • @KentSergent-xe7kx
      @KentSergent-xe7kx 4 месяца назад +1

      ..., AND silver .. DID NOT .. give back the $1.97 that drove it .. [forever?] .. above the 30$, New Floor....

    • @nicolasrossi5978
      @nicolasrossi5978 4 месяца назад +3

      Can you imagine how much over the actual value of the silver he has to be making on those in order to; buy the silver (recycled rounds with which the market is hugely oversaturated, probably from S.D. Bullion!), lease the space,+ utilities and insurance, pay for the fuel to smelt, pay emploees, pay for all the incidentals/materials to cast these doodad/novelty bars, and he and S.D. Bullion are then both able to pull a wortwhile profit from the project! The price people/consumers are paying for novelty pours/collector and 'VINTAGE' bars and rounds, is so far removed from any realistic valuation of silver. Hope you love your novelty artsy silver items deeply, because you are unlikely to EVER recoup the premiums you paid above the actual valuation of silver once the dust settles and the metal finds its equilibrium. I beleive the primary reason silver has risen at all, is because of the hype (and quiet fear mongering) bullion sellers and the various internet metals gurus and others (let's not leave out the doomsday end of the world stacking crowd) have whipped up in order to sell more! more! more! within the general population. When Costco and Walmart jumps on the bandwagon you know the pickins are easy and fat!. It's Marketing 101. Create urgency, a shortage, an infrastructure of 'experts in the know' "4 out of 5 doctors endorse....." so on and so on. What a gravy train!

    • @jmo82592
      @jmo82592 4 месяца назад +3

      They make other silver products too. Great shop to go to.

    • @blazingfuryoffire1
      @blazingfuryoffire1 4 месяца назад

      Honestly, I wonder if he could do a set of maybe 20 dice and engrave numbers into them. Would be nice for my pokemon deck to have silver damage dice.

  • @DavidParish-q1e
    @DavidParish-q1e 4 месяца назад +4

    It's about time someone has tools more expensive than Snap-on 🤣 $38.95 per oz - 24oz hammer/ $39.95 per oz - 8oz wrench

  • @stockleezyfosheezy491
    @stockleezyfosheezy491 4 месяца назад +7

    What an awesome video , thanks for sharing

  • @l.ls.8890
    @l.ls.8890 4 месяца назад +3

    Looks like he is baking gingerbread wrenches. LOL

  • @useupwearout5029
    @useupwearout5029 4 месяца назад +1

    I just ran across "Silver Dave" in one of your other videos...and was thinking "I'd love to see his 'foundry'." And...here is a peek! I'm in NH...will have to take a drive over to his shop. I need a lesson in silver testing. Thanks for putting these videos out!

  • @CppObjectOrientedProgrammer
    @CppObjectOrientedProgrammer 4 месяца назад +3

    I heard that a lot of the 'paper silver' contracts, have a clause that they aren't required to be able to get a physical delivery, and the person giving the contract has a right to settle it financially. I wonder if they can set the price super low to 'settle financially' - as they just print as many paper silver as they want it seems (driving the price low) - then it could be widely known they have No silver to ever deliver, no one would want to buy their paper silver, the price drops more, yet ironically they "set the silver market price", and then it explodes outside the paper silver market, and paper silver market is worthless as there's no guarantee or even expectation at that point of ANY silver delivery.

    • @Landstalker1999
      @Landstalker1999 4 месяца назад +2

      So basically when it comes to gold/silver ETF...
      IOU paper = IOU jack sht
      😂

    • @samsmobilepressurewashing8422
      @samsmobilepressurewashing8422 4 месяца назад

      This is exactly why people trade the paper contracts, if those investors were genuinely concerned about holding physical, they would pay the premium and do it. People who trade paper and do so successfully want to see cash gains and could care less about the physical holdings. If spot jumps up to $40, dealers might pay $38, maybe! At that point you look for mid level dealers and you might get $39. My point is, as far as cash is concerned, the paper traders win on the big jumps, physical holders/dealers have to wait for price stability before comfortably buying at the new price support levels. Big silver dissappears at bullion shops on price jumps because they can't get rid of it fast enough which equates to negative premiums.

  • @JamesLeBrocq
    @JamesLeBrocq 4 месяца назад +3

    Holly is right Dave. You're crazy. But the fun way.😅

  • @kofiofosu9051
    @kofiofosu9051 4 месяца назад +5

    I never wanted a wrench more than now.

  • @tennesseecoinco
    @tennesseecoinco 4 месяца назад +1

    Comex paper contracts are of course traders making money trading paper with the right to ask for delivery. 90% of the people trading have no intention or reason to ever ask for delivery. There money is made purely trading paper. I have done it and you can too. I also have taken delivery of a contract vs renewing. These contracts now have so much legal garbage in them they can cancel them even.
    Spot is never going away. There will always be a price someone is willing to pay or sell for.

  • @kabjab
    @kabjab 4 месяца назад +4

    Silver Dave absolutely Rocks! Innovation genius and that dude can spot talent a mile away! Love seeing him, Yankee! Thank you for a real Silver experience ❤

  • @JDR1227
    @JDR1227 4 месяца назад +169

    What he’s talking about he will never see in his life time.

    • @edb3877
      @edb3877 4 месяца назад +26

      Never say never. Lots of weird chit will be happening once the gold and silver price manipulation nears its end.
      Such is almost always the case when their is a financial regime change. At that point, one will either have some
      real wealth, aka gold and silver, or they will not have any.

    • @YankeeStacking
      @YankeeStacking  4 месяца назад +47

      I think we see it before the decade is out!!

    • @danielbush3099
      @danielbush3099 4 месяца назад +21

      I think we will see it before the end of this year.

    • @LatimusChadimus
      @LatimusChadimus 4 месяца назад +8

      You must not know your history, as well as you don't know the difference between money and currency, which would explain your lack of understanding for the difference between value and price 😅

    • @keezer4346
      @keezer4346 4 месяца назад +9

      I think we are seeing it now… at least the beginning.

  • @dive2drive314
    @dive2drive314 4 месяца назад +3

    It's been a while since i made an order but just checked Silver Gold Bull and their inventory is nearly depleted. They have one option for silver round and it's a round with absolutely nothing on it. I have never seen stock this low...

  • @BSinNH
    @BSinNH 4 месяца назад +2

    OK Silver Dave, do you do trades? Gold for silver or vice versa? And how big of a trade are you OK with? Tim seems very hesitant with what I want to do. Sorry Tim. I do love the old school Yankee ingenuity with your smelting furnace. Oh and upmost respect... Thank you for your service to this (what was once a great) country. God willing, we will return to what you once defended.

  • @percys9427
    @percys9427 4 месяца назад +8

    correction in the spot price today down a buck twenty

    • @TomokosEnterprize
      @TomokosEnterprize 4 месяца назад +1

      It had to, otherwise the wall street fellas will be scraped off the sidewalks

    • @geneeverett7855
      @geneeverett7855 4 месяца назад

      After being up 40% since last year this is not abnormal

  • @bigdogbob845
    @bigdogbob845 4 месяца назад +3

    Those cast silver hammers and wrenches are absolutely Beautiful ! And it was very cool watching the new triple burner smelting kiln.

  • @xrphqlic9763
    @xrphqlic9763 4 месяца назад +14

    The price is about to be hammered:D

  • @FidgetyGuy
    @FidgetyGuy 4 месяца назад +37

    When everyone is interested, sell. When no one is interested, buy.

    • @shadowbanned4days
      @shadowbanned4days 4 месяца назад +4

      The bull is awake ..we haven't begun to see ppl buy yet

    • @russelbrown6275
      @russelbrown6275 4 месяца назад +1

      Buy buy buy

    • @Chrunchmunch
      @Chrunchmunch 4 месяца назад +1

      @@shadowbanned4daysright, not really main stream yet just pandering to certain audience.
      It’ll get more popular as prices rise though.

    • @michaelterry4394
      @michaelterry4394 16 дней назад +1

      When everyone is losing there head keep yours ! Steady and consistency wins the race ! DAVE your the man 3 mo today i visted your shop 7 13 24 will be back next week the lord willing !

  • @crux9584
    @crux9584 4 месяца назад +17

    I'm from the UK, and I agree totally on what he is saying. I've been thinking that way for the last three years.
    I've had discussions with several jewellers about this, but they can't seem to grasp it.

  • @Wrestling_With_God
    @Wrestling_With_God 4 месяца назад +6

    Dave, what a cool dude.

  • @jefflaporte2598
    @jefflaporte2598 4 месяца назад +3

    Nice tools. The spot price isn't going anywhere. They may stop trading physical but they will still trade paper. Without a spot price there is no frame of reference for the prices. If the metal runs out they will settle contracts in cash. If your trading contracts you already know this is a possibility.

    • @edb3877
      @edb3877 4 месяца назад

      "If the metal runs out they will settle contracts in cash."
      Which does FA for those who NEED silver to make their products. I'll buy an Apple iPhone
      when I can trade in a silver Maple or ASE for one of their top of the line models. 😉

  • @GraceT-y4g
    @GraceT-y4g 4 месяца назад +1

    White Silver & YELLOW Gold... @o@

  • @TOTOD-TOTOD
    @TOTOD-TOTOD 4 месяца назад +6

    That was really cool, actually really hot.

  • @jeffshaw4039
    @jeffshaw4039 4 месяца назад +2

    Those silver hammers are cool.

  • @matchoo4050
    @matchoo4050 4 месяца назад +2

    this wont happen. sensationalism at its best.

  • @JohnHuntt
    @JohnHuntt 4 месяца назад +2

    I did not see the oz weight on the casting or the .999 silver marking. I notice when he drew the pattern that there is what we all a rip in sand when you draw the pattern. To help eliminate the rip we used to what we call rap the pattern left a little and right a little. This is done by have a small in the center of the pattern and putting a pin in the hole snuggly and tap left a little and right a little. That will give a little wiggle room draw it out with ripping the sand in the open end wrench. Enjoyed your information. JH

  • @silverguru
    @silverguru 4 месяца назад

    Lots of fun watching this- Thought of the Beatles song with Maxwells Silver Hammer. 🔨
    Maybe pounding some sense into the short sellers.
    My latest blog shows a very interesting silver supply/demand going forward.
    Yours in Liberty
    DM

  • @EM-wc2hq
    @EM-wc2hq 4 месяца назад +2

    I LOVED THOSE LITTLE SILVER HAMMERS 😻

  • @AngDee
    @AngDee 4 месяца назад +1

    I believe anything is possible, so spot price going away for silver….. anything is possible at this time in history. Rock On Stackers 😎✌🏼🇺🇸

  • @redbloodedamericanman
    @redbloodedamericanman 4 месяца назад +11

    This guy is way cooler with Yankee than the SD Bullion guy with the pistol strapped to his leg...that dude is always on Yankee's every move lol

    • @dabone3248
      @dabone3248 4 месяца назад +5

      You would be strapped too if you're sitting on billions in PMs!!

    • @edb3877
      @edb3877 4 месяца назад +2

      Yeah, the SDB guy almost looks as if that is his job or something. 🤣

    • @sepruettphotography
      @sepruettphotography 4 месяца назад +5

      I have seen Silver Dave in his own RUclips channel packing heat.

    • @YankeeStacking
      @YankeeStacking  4 месяца назад +1

      😂😂🤣

    • @Lonepatriot69
      @Lonepatriot69 4 месяца назад +3

      Don’t blame him for staying professional on the job.Your there with war mentality.Your not there to giggle and make friends.Serious

  • @EssentialTam33
    @EssentialTam33 4 месяца назад +2

    Coolest. Field trip. Ever! I wish this shop was near me. Thanks Yankee😊

  • @RobertLee-wi5kc
    @RobertLee-wi5kc 4 месяца назад +2

    Small investors never want to take delivery because the point is when you buy silver on paper you only need 10percent. So to take delivery you need to put up the other 90 percent. Also Comex does not have to deliver it can just pay it off in cash. Like all commodities markets delivery is soooo minor. No one wants barrels of oil or train cars of soybeans. Like stock certificates you can't cash in A T and T and get a bunch of phones.

  • @duanedas5346
    @duanedas5346 4 месяца назад +2

    I think I like holding my silver in my head

  • @elle1014elle
    @elle1014elle 4 месяца назад +1

    🤣🤣🤣🤣Silver Dave is so funny 😂

  • @YoBooBoo
    @YoBooBoo 4 месяца назад +2

    I think someone watched the walking dead and saw it as a warning.

    • @edb3877
      @edb3877 4 месяца назад

      Well why not? We already have hordes of zombies shuffling
      along, looking at their phones rather than at traffic. SPLAT!

  • @feelgoodconcept
    @feelgoodconcept 4 месяца назад

    ETFs a trap that will allow Eastern countries to back their currency at low price thanks to financial western market predators.
    Advantage for BRICS:
    BRICS countries (Brazil, Russia, India, China, South Africa) could indeed benefit from this situation by purchasing metals at relatively low prices. If prices are kept artificially low by Western financial mechanisms, this allows BRICS to accumulate reserves of precious metals at lower costs, thus strengthening their economic and strategic positions.
    Futility of Selling for Paper Currencies:
    In a context where paper currencies (fiat) are perceived as unstable or losing value, selling precious metals to obtain these currencies may seem unwise. Precious metals are often viewed as a store of value, especially during times of high inflation or economic uncertainty, whereas paper currencies can be subject to devaluation.
    This situation reflects a paradox where financial mechanisms intended to stabilize and regulate precious metal prices may actually provide a strategic advantage to countries that purchase large quantities of physical metals. The BRICS, in particular, can use this opportunity to strengthen their positions in terms of precious metal reserves, which could be beneficial for them and for any buyer in the context of a global economic transition.

  • @edb3877
    @edb3877 4 месяца назад +2

    What? No to-go silver service? lol
    Love Silver Dave's enthusiasm and knowledge of the silver market. Hat tip to SD Bullion for offering such interesting and innovative products.

  • @petersharpe9838
    @petersharpe9838 4 месяца назад +1

    Wow, really enjoyed that.....thanks guys. You're reaching out to Cambridge, UK and putting a smile on my face 😊