Why Did Silver & Gold Price Spike? Are You Still Buying?

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  • čas přidán 8. 09. 2024

Komentáře • 95

  • @SilverGoldStackAttack
    @SilverGoldStackAttack  Před 6 měsíci +4

    Are you still stacking silver and gold with the recent price increase, or have you held off on one, the other...or BOTH? Sound off and be heard!

    • @SirAlford
      @SirAlford Před 6 měsíci +1

      Holy Smokes...gotta get TedSpeaks on your channel!

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      @@SirAlford - CZcamsr? Ive never watched him.

    • @SirAlford
      @SirAlford Před 6 měsíci +1

      @@SilverGoldStackAttack Yep ..Big Time Silver/History Heavy Hitter!

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      @@SirAlford - I’ll give him a look!

    • @SirAlford
      @SirAlford Před 6 měsíci +1

      @@SilverGoldStackAttack He has been knocking it outta the park he was on with Surfing Stacker today.

  • @Eli-qr9hc
    @Eli-qr9hc Před 6 měsíci +2

    I have slowed my gold purchases back to almost none these last few weeks with the prices being high. I have switched back to silver while it's still cheap...great vid bro

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 5 měsíci

      Yeah, same. I was hoping to get out of silver, but...here we are, yet again! lol!

  • @Virgin_Stacker
    @Virgin_Stacker Před 5 měsíci +1

    Was wondering what happened to your presentations.
    Had to add my subscription again.
    Key word, "again"
    Your point of view is appreciated, thank you.
    Learned the "dips" aquire less when high, more when low.
    Depends on what price looks more appealing at the time of purchase, 10 oz of Ag OR 1/10 Au coin is my limit. It will not matter should the price shoot the moon, standing strong now. Thank you and stack on.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 5 měsíci +2

      Sorry to hear that…I don’t know why YT does that. But…I do appreciate you “re-subbing!” Thanks for the support! 🤘

  • @72cmcinc
    @72cmcinc Před 6 měsíci +4

    Being very cautious right now! Waiting for that next dip for some more gold!

  • @SirAlford
    @SirAlford Před 6 měsíci +1

    Folks in the "Know" don't quote the Silver Institute because they are crony frauds who actually are in the pockets of the price suppressor regime. The torch carrier for silver is the Silver Academy. Once Central Banks start buying silver is when there will be strong legs to run past $70. Picking up 2 more tubes of Type 1 ASE later today as I am moving into the thought-camp of type 2's being able to be tracked due to the HoneyWell technology and want to be off the grid. Great Show!

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      Yeah, the CB’s are heavy into gold right now. It’d be insane if they started buying up silver in the same manner! 🤘

  • @livinthedream7714
    @livinthedream7714 Před 6 měsíci +9

    Major reason: Central Banks and other large institutions are buying lots

  • @0311matt
    @0311matt Před 6 měsíci +1

    I usually try to buy at least a little bit every month... just some more than others.

  • @MatthewCrustlife
    @MatthewCrustlife Před 6 měsíci +1

    I loaded up on silver all last year, spent all my tax money on gold at 2050ish. I ordered a few rolls of half’s last week at about 18x. I’d be buying still if I had extra cash

  • @ShowTime-yj3pt
    @ShowTime-yj3pt Před 6 měsíci +1

    Great video at a great time , I cashed out of 80% of my crypto and had it ear marked for some gold but a lead slinger caught my eye…. So needless to say I’m holding off on gold (still buying silver) . I have to say I miss the trivia part of the show but the new ending is pretty funny . Stack on stacker

  • @JimmyLicari
    @JimmyLicari Před 6 měsíci +2

    It is very interesting to see Gold surpassing all time highs while silver still floats at less than half it's all time highs. $25 silver spot price seems to be a resistance point. And $30 silver is a huge psychology point. Silver just keeps getting smacked down everytime it tries to go up. It's so heavily manipulated and suppressed it's discouraging at times.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      Spot-on, Jimmy. Silver used to move incrementally when gold did, but we’re just not seeing that anymore. $30 seems like a pipe dream at times, but it will happen eventually. When? Eh. 🤷‍♂️

    • @TheMrdebro34
      @TheMrdebro34 Před 6 měsíci +1

      Gives us more time to accumulate

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      @@TheMrdebro34 - For sure. 🤘

  • @M.RInvestorChannel
    @M.RInvestorChannel Před 6 měsíci +2

    Still accumulating and averaging.

  • @rustynail7609
    @rustynail7609 Před 6 měsíci +1

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      Yeah, many of us have seen the same light, and are prepping in similar fashion. Have to be ready for anything! 🤘

  • @mysilverjourney
    @mysilverjourney Před 6 měsíci +1

    It was an amazing day hanging with you and Chuck Stacks yesterday ! Cant wait to do it again, So much fun !

  • @Handle_number_7
    @Handle_number_7 Před 5 měsíci +1

    I converted some gold to silver at 89:1. Good choice, apparently. As the $100 face in mercury dimes I bought included some relative stunners in the bag! A 1919-D should NOT have been in that bag considering the condition it's in. And a 1927-P in AU. WOW!
    Seriously, the 19-D could easily fetch $50 - $100 on ebay based on recent sales I've seen. (half a mind to buy another bag)
    I generally don't hesitate to buy low premium gold. Even with the new highs. But I suspect it's in a cooling phase, lest something happens to drive it higher. I don't see it dropping more than $50 at this point, unless Jerome suddenly gets super hawkish lol
    I'm sitting ok for now. If it goes higher, cool. If it goes lower, really cool! lol
    Really, I'm waiting for the next Zombucks release. And my mortgage paid off by december 2025 is my main goal. That taps a strong percentage of my income.

  • @matthewhopkins666
    @matthewhopkins666 Před 5 měsíci +1

    These days I'm only buying silver really just if it grabs my fancy and I don't really get FOMO so not bought anything since the price spiked, last silver I bought was before the spike I grabbed a box of 1oz Germania cast bars just because I thought they were cute really.
    As far as gold goes I'm happy to just hold onto my cash for a while and wait for the price to fall.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 5 měsíci +1

      I really do like Germania bars, so I can’t blame ya for picking those up. Nice!

    • @matthewhopkins666
      @matthewhopkins666 Před 5 měsíci

      @@SilverGoldStackAttack Yeah I would probably buy more silver if I wasn't in the UK and getting spanked with VAT on it.
      But with VAT on silver and not on gold it just makes silver a sort of semi hobby type thing for me.

  • @daviniarobbins9298
    @daviniarobbins9298 Před 6 měsíci +2

    Am not buying with the intention of selling later for a profit so the price doesn't matter so much. I mean I wish prices were not sky high at the moment but if I got the money and there is something I like I will buy it even if it takes me about 3 to 4 months to save up the money for it.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci +2

      Constraint shows buying discipline, so I’d say you’re doing it right!

    • @daviniarobbins9298
      @daviniarobbins9298 Před 6 měsíci +2

      @@SilverGoldStackAttack I don't have the money to go mad. lol
      Plus we have laws here in the UK. Any order over £5,000 the dealer has to report it to HMRC and if I spend more than £10,000 total in 12 months they got to report it to HMRC. I rather not have the tax man know I got a lot of gold(not that I have). They might start asking awkward questions.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci +2

      @@daviniarobbins9298 - We have tax thresholds here in the U.S. as well. Always good to fly under the radar!

    • @daviniarobbins9298
      @daviniarobbins9298 Před 6 měsíci +2

      @@SilverGoldStackAttack I couldn't spend that much money anyway as I don't get that much money spare to spend after I pay all my bills and such like unless I come into a bit of money that is.

  • @kevinnugent223
    @kevinnugent223 Před 6 měsíci +1

    I bought another 10 oz silver during the last dip . So I'm taking a break cus I got a decent amount for now .

  • @SilverStruck
    @SilverStruck Před 6 měsíci +3

    I slowed up on gold as well but I did buy some at around 2,000 spot. "buy the spike" isn't a good idea, imo. Then again, if gold goes to 3,000- it wouldn't matter if you purchased now.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci +2

      Yup! But WILL gold go to 3k? The game is afoot! 😉 Good to see you, my friend! Have a great week!

    • @Boatright
      @Boatright Před 6 měsíci +1

      @@SilverGoldStackAttack Gold goes to $3k and you make $800. Roughly 90oz of silver to 1 oz of Gold, if silver matches gold to all time highs, you would be looking at $80 silver or $5000ish in profit for the same buy in. Silver is the smart buy, gold is the dumb buy right now.

  • @Jamestown23_
    @Jamestown23_ Před 6 měsíci +2

    always agood time to buy

  • @masternater6721
    @masternater6721 Před 5 měsíci +1

    did we stop buying? why would we? i guess that depends upon whether you believe that this is going to be a short-term 'spike', or if you believe that this is a long-term price adjustment due to circumstances such as the BRICS nations buying up precious metals to set up their new currency to take over our over-rated US petro dollar. i believe it will be a long-term price adjustment, because ... here's the shocker ... it's not actually the value of the precious metals going up. this is really a matter of the value of the dollar going down against the rest of the world. and it's just getting started. if you think the price of precious metals (in terms of dollars) is bad now, wait until BRICS new currency is established, and the petro-dollar (US dollar) is dead. it's already done. it's just a matter of time.
    as for me ... i just switched to buying scrap metals, and refining/stacking my own. yup, those refining techniques, lab equipment, and abilities will be even more valuable when the dollar goes the same path as the venezuelian bolivar and we're all back to trading in precious metals.
    good luck, and God Bless.

  • @cr8zyfish952
    @cr8zyfish952 Před 6 měsíci +2

    I'm very top heavy in sliver right now no way would i touch gold

  • @jimisenberg4113
    @jimisenberg4113 Před 6 měsíci +1

    I picked up 2 really sweet morgans at a bargin price. I am sniping only.

  • @soulpatchjackson3076
    @soulpatchjackson3076 Před 6 měsíci +1

    Got silver about 3 weeks ago.19 oz 18.71 a OZ. I'm a cheap ass.

  • @Death_From_Below
    @Death_From_Below Před 6 měsíci +1

    Want to finish a tube of dos pesos this year and continue collecting silver bars.

  • @raiderdrew988
    @raiderdrew988 Před 6 měsíci +1

    I feel like no matter what spot goes to people can’t afford not too fake money for real money simple

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci +1

      I hear ya. I consider trading my paper money for something with intrinsic value to be one of the best things I could ever do! 🤘

  • @jimmcdonough5497
    @jimmcdonough5497 Před 6 měsíci +2

    Buy more gold and silver

  • @TheEvilCowboy
    @TheEvilCowboy Před 6 měsíci +1

    Hard to say what’s gonna happen.

  • @G.G.T.
    @G.G.T. Před 6 měsíci +1

    18 before 28 is my guess.....NOBODY buys physical (country broke) traders bought paper and will DUMP on no pick up follow through!
    oh and DUMP they will.....Kinda scared for summer?

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      Could very well happen. And even though I'm not buying silver in bulk anymore, $18 would be more than enough to bring me back for a silver run!

  • @Boatright
    @Boatright Před 6 měsíci +1

    Why are people buying gold when silver is the smart buy and so undervalued? Silver should be riding around $60 oz right now, buy all you can!

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      Should be, but it isn’t…that leads to frustration. Plenty of folks who know are still buying, though. Remember, less than 3% of the U.S. population is actively stacking PM’s.

  • @montanastacker
    @montanastacker Před 6 měsíci +2

    In a Holding Pattern right now. S- -t, Can’t hardly afford Groceries right now.
    Maybe it’s time to go on a diet.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci +2

      Food prices are insane right now. I’ve literally seen some things DOUBLE just from last year.

  • @william1863
    @william1863 Před 6 měsíci +1

    I say yes because we never know when SHTF !!! God bless you all in Christ I pray 🙏✝️ Call on Jesus people 👍

  • @livinthedream7714
    @livinthedream7714 Před 6 měsíci +1

    It's over..... ho home!
    Lol

  • @soulpatchjackson3076
    @soulpatchjackson3076 Před 6 měsíci +1

    Nope....

  • @soulpatchjackson3076
    @soulpatchjackson3076 Před 6 měsíci +1

    I won't buy unless it's below 25.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci +1

      Makes sense...silver hasn't touched $30 since 2013.

    • @soulpatchjackson3076
      @soulpatchjackson3076 Před 6 měsíci +1

      @@SilverGoldStackAttack when I started this silver thing, I was getting half dollars 5 a pop. Buy the hundreds. Inflation hit I adjusted. 25 a ounce. So I'm priced out.gonna stack cash and supplies till the crash happens.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack  Před 6 měsíci

      @@soulpatchjackson3076 - Nothing wrong with that!

  • @yhvhsboy7646
    @yhvhsboy7646 Před 6 měsíci

    🐢🐢I like turtles.

  • @B29p
    @B29p Před 6 měsíci +1

    Everything gets better with Trump. I'm just fine tuning particular skill sets. I'll still pick up some silver here and there.