DEALER REVEALS WHAT HAPPENS WHEN SILVER HITS $30...$40...$100 AN OUNCE!! GSR "FAIL"??
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- čas přidán 6. 02. 2024
- In this video my bullion dealer explains what happens when silver hits $30, $40, even $100 an ounce! Tim Marschner of The Coin and Stamp Shop explains what happened back in 2008 (and earlier) when the spot price of silver broke all-time record highs. Did people sell all their silver? Did new gold and silver stackers start buying bullion? And did institutional investors and traders start getting into precious metals? I also as Tim if he would have enough cash to buy all the silver people would bring in, and whether there would be enough gold to satisfy all the silver stackers playing the gold-to-silver ratio (GSR) with physical precious metals. The answers may surprise you!! 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!
Tim Marschner
The Coin and Stamp Shop
300 Granite Street
Manchester, NH 03102
(603) 624-4400
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#Silver #Gold #MoonShot
The friendship between Tim and Yankee is priceless. Bless you both.
They are both very fine gentlemen. I was thrilled to meet Yankee during my last visit. They are a good team.
Just wish ALABAMA & New Hampshire weren’t so far apart! I would be doing some business with Tim today, for sure.
Worth more than all my silver and gold!!
One of my LCS"s I first bought at is cold as ice. Treat me like just some petty silver buyer. I've spent thousands there! Other coin shop dealer handed me his pistol to look at. My guy....
@@YankeeStacking Careful, he just might call you in on that! 😂
I like that Tim isn't afraid to tell the truth.
People like Tim THRIVE on the truth because it is a large part of who they are.
The older you get the easier it gets to live this way
What is there to be afraid of? You're making it sound like he's holding government secrets LOL😂😂😂
Gold and silver is an insurance policy for our family if our paper becomes worthless, I don’t care about the price… I hold what I think is the right amount, this is just one safety supply item. In Canada, our banking institutions are not safe or secure with our current government situation.
Hold for bad times. Barter for goods.
I have honey stored for just that reason. Bartering would be the way to go. I can also melt my silver for the flintlock and hunt for food.
A lot of reasons for keeping it around
@beebob1279 if it is minted into coinage by a sovereign government, it's money, so no barter.
WELL SAID‼️ Insurance, not a wealth-building investment.
@@YankeeStacking Also a pretty nifty way to save for those who have trouble hanging onto their cash.
Not if but when
Personally gold is much better option, It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful for my adviser moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
How can i reach this adviser?
Amber Dawn Brummit is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Yankee, can we get an hour long sit down talk with Tim. State of the country, politics, etc.
That would be great.
It’s been recently done
A few years ago, India called in its currency. Declare it, and turn it in for the new money. The old money becomes worthless. Easily, will happen here.
Not exactly recently, but in 3 Parts!
Candid Talk with Gold and Silver Bullion Dealer. My Ultimate Sit-Down Interview! (Part 1)
czcams.com/video/4Tol5AmHYtI/video.html
@@workingrich8464 Yeah, that seems to be the pattern, alright. Problem is, it doesn't really solve anything. It's like rearranging the deck chairs on the Titanic.
Not only will it happen here, it's already happened here a few times. The current FRNs are about the 4th or 5th iteration of currency here in the US. None of
those changes mattered a bit in the long run, yet somehow it seems attractive to TPTB. Guess they don't know any more about money than a hog does opera.
CBDC
This is what I realize, that I will never trade my metals for fiat again. I will trade my metals for real goods and services, like it should be............as God intended because its real money!!
At least some people still understand why they're stacking.
yes!! one of the few who are awake to what's coming. I'll never understand why people would swap real money for monopoly money.
Haggai 2:8 The silver is mine and the gold is mine says the Lord of Hosts.....His money is of true and honest measures and is not corruptible.
I have bought Property and a business with Precious Metals
@@macclark4112 nice! I bought a boat with gold and hired a contractor with silver eagles. I now only tip people with 90% silver coins--the ones who know what it is love it! the ones who dont get a 3min elevator pitch on silver :). it's up to us to help make gold and silver currency again. e.g. whenever I list something for sale I mention that I accept gold and silver as payment, if only to help drive awareness. some states are working on gold and silver legal tender laws. I swear I will be relocating to the first state that allows taxes to be paid in gold and silver.
Have you read this quote? "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." Thomas Jefferson.
Yup! An awesome quote. 👌🏼
False quotation...the terms inflation and deflation did not exist until generations after Jeffersons death. Sorry
The Great Taking. If you're not aware, look it up. It will tell you that You don't have first title to: your investments, your house, your car, or your children.
I couldn't agree more with Tim. Too big to fail should not be. If you can't make it you go out of business. Simple as that
Couldn’t let AIG go out of business they had 8 million teacher pensions
If you listen carefully, he gave away some important information. If/when the silver (or gold) prices go up significantly the shops will close their doors. They would be stuck losing cash and the market would pause until buyers got used to the new price. Which means present holders would be sitting on a product they could NOT readily convert. You need currency but couldn't get any. That is concerning but VERY believable!
Very concerning
This has proved to be true in a certain South American country that is in hyper inflation. The people still need the fiat currency to survive.
@@dmonty4354 This happened with a VERY reputable shop in Spokane, WA last week. Gold was on the "A-mark" site at 2320 something or so but the shop would only pay 2275 because they were gold heavy. Now today it's jumped to 2413. Don't need to cash any in at the moment but would be interesting to hear what they would pay.
Except that this has never happened and such a huge price jump is unlikely unless the whole nation is on fire and the dollar is finished.
Called Tim today, ordered some Silver. Had a pleasant conversation. Yes he does answer his own phone.
That’s great!! 👌🏼
Are silver and gold priced manipulated by large institutions? JP Morgan was fined nearly a billion dollars for spoofing the ask/bid price of silver.
Absolutely, JPM has the largest spot position right now. They are trying to repeat 1981...
I have asked this same question to other stackers. Thanks for answering it! Don’t invest money in anything, even gold & silver,that you can’t afford to lose.
Yup‼️👌🏼👌🏼👌🏼
Fiat is no longer money.
You will never lose, just may need to sit on it for a while!
@@noanyobiseniss7462it is until it isn't. Try taking your silver eagles into walmart, they'll just laugh at you
All you can definitely lose just like I have because I'm on social security and I can only buy small quantities of silver but I bought that over 4 years ago and now because of what's going on I have to cash in my silver to meet my bills for food car gas insurance medical I could go on and on. I'd like to see a go down to $6 an ounce and then I can buy my silver back. As I didn't make any money on it in 4 years to tell you the truth. So 4 years of holding onto silver was BS for me. So are you rich people out there enjoy your wealth I hope you can take it with you.
The market is rigged
Absolutely…same with the sporting cards, lotto, etc…
I remember the 1980 buys. Crazy. I saw buckets of silver taken to a large U-Haul that was squatted down. I had one buyer tell me there were uncirculated Walkers, Morgans, etc. going through. $50 an ounce back then would he like $200+ now. I remember my Dad having a hard time holding onto a lot of his coins. They just exploded in value.
Buying some $100 bags of silver was what funded my stock investing when I was first starting to invest. I bought 3 $100 face bags of silver coins around $17.50 and sold them
a few months later in 3 sales of $42, $44, and $46 an oz. Made a nice profit on them.
All coins were selling, nickels Indian head and steel pennies.
@@silverman5707 They were. But the counters and buckets and uhauls were for the mass of silver. I started collecting as a kid in 1977. I remember Dad holding on to coins and weighing whether to sell. He sold some. It was crazy.
In the past year I started selling off numismatic coins like unc Indian cents and many others. I turned that into some silver and some cash. When the SHTF , I want to be prepared. As a senior I have to try to cover my rear end. @@silverman5707
This is why I do not invest in such things. It's not about how high the price "could" go. It's about who is willing to pay it when I try to sell it. It the same problem with stocks. price vs volume.
Thanks for always having awesome videos yankee. You and Tim are incredible people.
He'd close the doors. That's a big warning right there.
Loved this dude selling to Tim today. Great energy.
What you fail to understand is when silver skyrockets and breaks 100 and higher, the dollar and stock market will have crashed. No more comex. There will be a new currency eventually. And during that time I will be buying real estate with the silver. I will not cash any silver out…. Until a new currency is in place, and then only a little at a time😊
Yes only when there is a new currency backed by GOLD
Very well said!
That’s what I’m hoping to do too
I don’t fail to understand that. I’ve said that for 5 years now! PM price control is going to be completely lost one day.
The new currency ? CBDC......I highly doubt we would ever see fiat currency again if that scenario occurs. Maybe one backed by gold but again, doubt that. The government in the midst of a currency collapse would have the perfect leverage for the CBDC. Ultimate power trip for them.
Water, food, protection, shelter, clothing and supplies, tools, cash, metals, most importantly prayer, health and skills. Spread it out .
You sound like Lynette Zang but it's so true and community and skill sets
Fantastic video today guys. You and Tim are a hoot to watch. Very entertaining and also lots of great information to help us make everyday decisions. God bless you both.
These videos with Tim are my favorite !
Another important visit to Tim’s shop!!! Love learning something each trip we take!!❤
The reason people are selling their silver and gold is because we bought it 4 years ago and nothing has happened to get it up to 3,000 an ounce like we were told. So of course there's 100 million of us out here that cannot afford gold and just silver and even silver we can hang on to because of what's going on in America right now. Might as well spend it because we'll probably die before it ever comes to fruition. Buy silver buy gold okay for all you rich people but what about us lower middle class or even lower class people like myself who is on social security and cannot pay their own bills can't hardly drive their car can't pay their insurance can't pay for food can't pay for medication. Yeah you're going to see a lot of people turning in their silver and gold but silver especially because that comes from people like me that don't have a lot of money to buy gold and now we can't even hang on to our silver because this has taken so long. I hope all you people out there making bundles on selling your gold and silver make out well because you're certainly hurting people like me.
Another great episodes guys. Thanks!
Crushed the like button! EXCELLENT video and thank you so much for sharing!
Thank you Tim and Yankee.
Tims lived through this before and seen market swings. I always love listening to these guys because they’re filled with knowledge.
"Too big to fail is....Sucks to be you"
Quote of the year 2024
😂👌🏼
Learned more about economics from this guy in 20:00 then I have from any educational institution thus far in in my life. Appreciate these videos thank you guys.
Several times he basically asked this guy how much cash he has on hand. Kudos to the store owner for answering politely and eloquently.
I think there is another factor that may come into play this time that will make all the difference. What if there is no value in the US Dollar?
never happen. inflation does it better and slower
I feel for the people who are having to sell their silver and gold to get by; whether it be property taxes, insurance, medical bills or food. All before the years of real trouble hits.
I do too!! i’m doing my best to educate people, so they avoid this.
property tax increase $400.00 from last year on me! only triple from two decades ago!
@@YankeeStacking Something about leading horses to water? 😕
Your "Real Trouble" is different than Other People's "Real Trouble"...
Love this channel. Thank you for your wisdom. Priceless
My dealer told me just this morning when I went to purchase more gold and silver that when the price of silver hits 36 dollar a ounce he will close his doors. He has no interest in getting into the mess that will cause him. At the current time he has stopped buying back any metals. He said he doesn't like the look of the future. He's elderly and just not into it anymore. Unfortunately, he is the closest dealer to me under 150 miles. Therefor, as of this morning I have made my last purchases of the metals. I'm moving on to something else.
Same.
Buying land, food, and crypto.
Canned food, guns and ammo makes just as much sense
Maybe you could start your own shop, when he shuts down....
@@darrylwrenn5815 Actually, we just purchased 40 acres with a river running through one side and three ponds on the other half and lots of trees, mountains and flat area for grazing animals. We'll hold on to what we have but this land was our next step to being free as much as possible.
Hopefully metals will be revalued higher against a new currency, then start cashing.
Love Tim's videos! Keep them coming! Although it's concerning - He seems a bit worried about the amount of inventory he has in stock! Locals need to get down to the shop and Buy buy buy!!
🎉 I wish the community could come in and help him but that would be hard in his little shop. I can't imagine how he handles all of that by himself!!!😢❤
I totally enjoyed your visit with Tim.
The Hunt brothers really did me good when they tried to corner the market in silver. I backed the truck up and started unloading.......The good old "back in the day" story...Silver falls like a rock soon after. 2011 was another bonanza! Been there, done that and made out well!
Silver is for long term holders,not sell it after a few years!!!!!
What if they held it since the 80’s? 👀 sell whenever. Least it would be personal choice and not out of necessity 😢
I have always stacked silver for only one reason, barter in SHTF. It's always been beans, bullets and bullion, in that order.
Yep... and Band-Aids.
Always thought that the coin might be hard to eat. Give you a box of 308s might catch something or 4 tins of beans. Who would have to money to exchange?
If we go into a SHTF situation no one will care about gold or silver. But people will take your ammo abd food
@@20hansdiet hell yeah man, cant shoot gold or eat silver lmfao
The Chart shows a double top, and if It can't break resistance, then the chart[stock, commodity] will drop until it finds support.
so level headed. no BS. much respect
More banks are gonna fail. Silver should move bigly
Wanna bet? It won't.
Traders, largely the big banks have the silver market under control and they'll never relinquish control.
@@PaulBeck-ie2um Insert a "from their cold dead hands" comment here.
If a dealer won’t buy back metals, then why should I buy PM’s?
I’m keeping mine for bad times. Hopefully bartering will keep food on the table
Seems all we will be able to do is swap for gold, wont be able to cash in. Does not look good.
@@feelnrite the smelters will be buying
The blacksmith will buy metals for horseshoes
@@rut5161would look nice silver shoes on a horse. Won’t last long if it’s hard ground. Redwood it if the metal back to the earth with a holy animal tho 🤔
I'm not bartering my food for metals
Awesome as always. Keep stacking!
Great to see Tim again. Are you both ok. Please stay safe. Thank God bless have a great week.
I will only trade my metal for a different asset. The whole point is I want out of paper and digits. They are illusions of wealth.
Perfect strategy! 👏🏼
Macy’s raising credit card rate to 30.99%. What a deal
Bargain days are here again! 😂
Home Depot went to 29.99%
That is my concern, that silver goes up and so many people selling all at once.
Part of the answer is to stack SMART… PMs should never comprise more than about 25% of your total assets, stack only when you have zero non-mortgage debt, and you need to have a 3-6 month emergency fund (in cash).
I’ve lived through the $50 an ounce twice, and I can assure you that it becomes a buying frenzy, as people feel FOMO and want some now…
@@janicejohnson1334everyone needs to take profits in when it happens. Partially in the least not the entirety. 🎉 up to them but is foolish not to. Look at it as your DCA just got a jump lower 🎉
What’s Tim’s price on 100 ozt or kilo silver?
@@kevinwilliams691 call his shop. Prob not as good as a big dealer can do. I’d guess $720/ 2300 as a guess.
Sure wish I lived close by Tim's shop instead of cross country.
I think the most important thing to remember is not whether prices are going up or down. It's the ability to create momentum by unloading your stock, buying more, selling even more, until you feel comfortable with trading metals. Have at least 3 or 4 serious LCSs or people you can run to in the event of a serious SHTF event where you need to get all the money you can. I can now say that we officially live in a federal prison called Canada. Peace to all. Be safe out there.
We’re already looking at $40 in Canada. I just looked at some 2024 Maples $39.04 an ounce spot prices $30.02.
Bought some for $36.5 CAD a little while ago. I’m new to stacking and realized I might have bought high. But I’m learning 😅
@@markanthony7546 36 I would buy a lot but if you’re Canadian silver gold bull has a 10 ounce bar on until the end of the month for spot price
I wonder can Americans drive to Canada and sell?
Canadian money is lower value ,so price is higher
@@HANZELVANDERLAAY you probably can but why would you when a Canadian dollar is only worth $.75 American
I was just in my local coin/bullion shop and he had purchased a quantity of Krugerrand's. He offered them at $45 over spot to reduce his inventory. He said that he was not ready to wholesale them quite yet.
So, did you buy any? Seems like a great deal.
@@edb3877 I was weak and couldn't resist.
Great job guys.
At $100 an ounce, the demand for fractional (90% silver) would be immense. A dime could go for $7.23, and a quarter for $18. That is "IF" someone was buying.
I agree.... that would become it's bartering value not so much cashable value
The GOLD pattern is pretty straight forward. Goes up when the COMEX & LBMA is closed and then it goes down when the LBMA opens, then around 8-8:30AM it goes down a little more, then at ~10:00-11:00AM when the LBMA is closing, it goes down some more. Usually at that point, it will trade in a range. Then when both are closed, prices tend to go up. Rinse and repeat. No always like this but happens more often than it doesn't. Think about last month when prices jumped into the mid-$2100's. It was all after hours. Then, TPTB sold a shitload of paper gold to bring into what they consider a safe and manageable trend line.
100% true
Tell me more 😮
My Coin Dealer turn away Two Monster Boxes of Silver Eagles at $25.00 Ounce. People are dumping Silver & Gold & his Inventory is Full because Silver Stackers & Gold not buying, because People are hurting financially!!! I am Silver Stacker but the Key is Buy Low & Hold for The Long Haul just in Case the Economy Collapses, you could borrow or trade or food & trade with the Community!!! I am also Stacking for Rainy Day & Leaving It for my Children Future & Hopefully it will Increase in their Life Time!!!🥈🥈🥈
Why would people trade food for gold in a collapse?
Glad you didn’t sell at $25?!
I saw it in 2010-4/2011......a lot of things came out of the woodwork and were sold as the metals slowly rose, but the bulls still outnumbered the bears. The FOMO fever was real and the shops (at the time there were 4 in my area, now there's 3) were constantly busy.
Thanks for sharing Tim a Professional with class
Gold here in Australia go up lately and it keeps going up such a big difference from last 4-5 months
That all sounds logical to me, but it doesn't discribe the real endgame "Weimar" Szenario. On the way to "Weimar" there will be a lot of Sellers, but in "Weimar" nobody would sell Silver for Reichsmark at any given Price...
I’m beginning to realize maybe investing in silver coins is not a great idea. If it shoots up dealers get flooded and won’t buy near the peak
Sure, then the price will come down a bit to find a market and fair value.
Great video guys.
This is the reason i try to deal primarily in 90% it's a recognisable asset to folks that don't know much about metals but you may be able to trade with just because of that..
I buy generic / gold and coin roll hunt for my 90% 👍 . I come from modest family with humble roots. The way I see it is I’m gathering some of that “old money”. Even though I didn’t inherit it I have access to it with a little work. Although it’s not too much work to be honest. Gets me out of the house , I meet people in my town and neighboring towns. And I get to meet other stackers. I will say most of my “competition”is older folks. And the younger crowd I speak to about it seems to think I’m doing something illegal lol
@@markanthony7546 It's hard to convince the young folks that silver and gold were used as money at one time in our history. It hasn't happened in their lifetime, so it's not
quite real to them. As an official member of The Old Fart's Club, I used silver coins as a boy back in the late 1950s and mid-1960s. By that time, silver coins were being
hoarded, so there wasn't as much of it around. Roll hunting was still good then, as it took a while for the silver to be recovered from those coin rolls at the banks. Some
still do that today but the pickings are mighty slim now.
I think that by the time PMs will be priced sky high, the hard ships of the life will have shaken out all properties out of most people. Including PMs as some of the first.
The price will never get that high, it's a fantasy.
When I hear someone say silver will go to $100, I tell them unless they pay $50 for all of mine today, it's bullsh*t.
It will get that high
In Venezuela 1us dollar was worth 3 bolivars when hyperinflation kicked in 1oz silver was worth 8.8 million bolivars and 1oz gold was worth 8 billion bolivars ... 1oz gold.bought you a house! Think that can't happen in USA in hyperinflation?
Very true 😊
For gold... $2000 used to be where the resistance was. Now $2000 is where the support level is. Eventually, similar things will happen to silver.
The difficult consequences of what happens when PM prices explode is the reason I keep larger denomination bars in storage (for easy sale and swap with the storage provider) and why I keep 1 oz silver coins at home.
Who knows, your buyer may be your neighbours when the time comes . I invested in a sigma precious metals verifier a while back for the same reason (to give my eventual buyer confidence in a private sale if need be).
We are prepping for truly disruptive times. We got to have all sort of off ramps and plans ready.
This was an important discussion in today's video. Thank you!
Dittttto!!!!!
Just makes sense that even if you have precious metals or gems or anything like that, they are only worth whatever you can get for it. And if nobody can pay what you want as they don't have that money available to them, then it becomes again, essentially, useless.
So in other words if it get up there coin shops not gonna buy it.
Always entertaining!
Yankeeeeee!!! Silver is at $32+ Ounce At this Time!!! The Bull Run on Silver is Increasing by the Moment!!! 🥈🥈🥈
Hi, spoke to Tim today, sent him a check this afternoon, hope to meet Tim next week or so, 'n bring some metals home with me,... Love yer channel Yankee,....
Thanks, Bondo! maybe I’ll see you at Tim’s next week.
Silver goes up and this sparks a mass selling of personal silver and that causes silver to go down. It’s simple supply and demand. Except the market is highly manipulated.
Love this channel and like to hear Tim talk he is very knowledgeable....
Absolutely loving these daily Yankee videos they are Golden
Aw, thanks so much, Jamie!
Agreed!!!! We go back and watch a lot of the old ones and share them with family members and take notes along the way.....❤❤
We will be lucky if silver hits $30 by the end of '24. If silver ever goes to $40, there will be a stampede to sell silver, and depressing silver back to low $20's by big banks and speculators !!!
Silver is climbing near $29
@@corneliusjones7349 26 bucks atm
@@corneliusjones7349Yes but you can't trust it. Comex will decide when to pull the rug.
Silver will not ever settle at its real value unless there is catastrophic financial event that wrests control from Comex. I have my stack in place and I am not buying or selling. I can't imagine a scenario where I will change that stance. I have it for insurance alone. Not for capital gain. I don't want any more fiat in place of my silver and I don't want any more silver. My silver can just sit and wait to see if a financial crash happens and at that time I will have to ponder what to do with it if anything at all. I don't care what spot is ever. Just that I have a stack of insurance.
$31 now as of 5/18/24
I love your channel and enjoy Tim very much. Watching from Tennessee. Keep it up sir.
I've seen Silver climb up high multiple times in my lifetime. The government devalued silver both times. And gold came down with it.
I’m new to stacking and my greatest fear is not being able to sell when I want to. Premiums are pretty high compared to buy back and you might not be able to sell anything at $40/50/100 per oz. Has me wondering if I should keep going. All the metal in the world is worthless if you can’t sell it/ trade with it. Junk may be useless too. Tapping the breaks a little
Could be a plan the fed has when the dollar collapses they manipulate the price extremely high finally 🎉😂 effectively making it worthless as it won’t move. Biggest burn would be not allowing it to be sold ect with the new currency they release without huge taxes or other costs to it 😮😢
I would back off if a bullion dealer says they won’t buy
@@rob0921 if you want to sell,and they won’t buy,what else can you do but back off? When nobody will buy,you’re stuck like Chuck with a very heavy load.
@@jimalberts5883 exactly! That’s why I’m moving to gold, I’ll sell my stack of silver as soon as I can. I’ll take the loss.
My butcher said the same thing, when beef hits $100 a pound he is out. 😂😂😂
But why? I don't get it
The thing about the 'high' spot price discussion is whether it's a spike or the new normal.
Paper gold and silver manipulation has destroyed perception
I would say so if people think selling at 50 an ounce would be a smart move.
The U.S. Mint should put a $50.00 face on the ASE.
Yes
They should treat ASE like the post-office with their "forever" stamp. That would make it official constitutional money.
You want to devalue your nation's sovereign money by 5000 percent??
You might win the Nobel prize for that!
@@user-le5rz7gx9y correct a silver eagle will be ONE DOLLAR a thousand years from now.
Whatever spending power that has in fiat fed rez, who knows.
There was a year in the 60's when briefly silver was $1, so.
Agreed!
Getting hard to save for buying metals due to inflation! People selling to make ends meet. It’s been hard for me but I’m not there yet !
I got into Meteorites to diversify! By accident but im hooked now! I still love gold & silver but man, there is something about holding something fresh from outer space is absolutely amazing! I have 2 of them!
Where are you sourcing your meteorites from? Fellow prospector here, so I am a fan of your style of diversification 😅
@@UndergroundLookingUp I stumbled upon 2 meteorites by total mistake! I have a couple of videos on my channel. The 1st meteorite i found i traded to the jewelry store for 80 oz of 999 silver bars! The 2nd meteorite I found i still have. I find them lakes rivers or wide open flat spaces. This seem to be where the meteorites hang out. I recently found another Stoney meteorite but I didn't make a video for that one. Maybe I'll make a video of the new Meteorite I found! I have 2 in my collection now! So far I have a iron meteorite & Stoney meteorite. I really want to find a pallasite meteorite!
Use your maps. It takes along time but it works! Look for odd circle patterns. They will be very hard to see but if you use this method you will definitely find one!
Wait a minute . . . Is Tim saying that if gold prices go a lot higher that local coin shops will shut down? That’s very unnerving
Yea, no kidding.
Excellent report 👍👍👍👍👍👍👍👍💯
Getting closer to seeing these back in Ohio and not Thailand. Sometimes I don't get all the notifications and some are a day late showing up.
That is what I have been saying in my videos. When you see new highs , you have fewer buyers. Same for gold . Believe Tim . He has been there. Thanks Yankee for the video because people here won't believe me .
Good Video. I love the banter. Who me? Like Banter? Not me!!!! LOL
YEAH…not YOU‼️ 🤣
😜🤪😝@@YankeeStacking
You 2 are such a hoot
Whether it goes up or down I won't give up on stacking silver Most people doesn't have any patience I have some silver that I have had for over a year but I am biding my time silver will level out eventually at a decent price giving up is not the answer but everyone is free to do what they want
I have 12 years and still impatient LOL but you don't buy to invest but you buy to maintain that store of value into the future. Another words you don't buy to GET RICH but it is great for STAYING RICH or silver rich for that matter.
I got some gold and silver I bought back in 1994. Got several oz of gold . Got them for practically nothing.. I've held on to them for hard times. Haven't hit that hard time yet but with this administration anything is possible..
I have 1000’s of ozs. From 47 years ago. And I have Bought and Sold Percentages of those ozs. Over the years. Each time multiplying my holdings 4 to 5 times. This will be my final point of the deals I’ve done. I won’t re-invest in metal. And I will never sell into this failing currency. I am currently waiting for a 20 to 1 Gold / Silver Ratio. Don’t tell me it will not happen as it has already happened in our Past.
I just got into PM as a savings - bought my first 10 Oz. This week. Hearing the price of silver will remain low for a bit longer tickles me pink... I could stack a fair amount of silver and meet my year goal easily at these prices.
When SHTF no one buys silver or gold!
That ending. 🤣
😂😂😂
I bought $5,000 of silver at $25. Waited a year. Needed the money and sold it all $22. I’ll never buy silver again. It goes up and down too much.
I tossed in the towel today on silver. I prefer it for jewelry not stacking.
Silver is not an investment. Good luck in the future. And to be honest silver dragons is one of the worst people to listen to for financial advice.
😂😂😂😂😂
Silver is a lose lose every single time
@@WiredForFishing I bought silver at $15.. its been a pretty decent win. Of course not the best but its all about time in the market. It is not a get rich scheme.
Always LIKE Tim & Yankee. What a combo! 😀
Love your vids!
Thanks so much! 👌🏼
U.S. Debt clock has the value of silver per a dollar measure of unit considerably higher than anything postulated here.
That's not a real reliable source.