Something Amazing JUST Happened to Silver!
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- čas přidán 7. 09. 2024
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PUMPERS for PRISON 2024
Just stack. A little at a time. Without much thought. Before you know it. WOW! I have a pretty nice nest egg. How does that actor say it? Wealth you can hold! Great advice Speg. Thank you
I add silver every 2 weeks (when I get paid) I also add gold every 3 months.
Nice! Added or trade up to gold?
Sounds like a nice planned out system. I like it!
Big money lol
@@dustinweaver3032 damn...that's fuckin awesome. I add an oz or 2 every week. Still haven't been able to acquire ANY gold whatsoever. 😞
I do the same...and the majority of the time I only purchase enough to qualify for free shipping...roughly 6 or 7 ounces every other week...unless there's a significant dip at the time...and I have extra powder which is rare...but it does happen once in awhile...lol
So here's a buy I made last month at an auction. This particular auction always has money to sell, mostly silver, but sometimes gold coins and a little paper. They ran through all the silver dollars, then came the halves. They had one of the blue collectors books with Benjamin's from 1948-1963, 36 coins in all. The dollars were running between $32-36 each, I walked out of the bathroom as it was going on. The bid was at $70 for the whole book of 36. Here's the fun part; I was 40 yards away and thought it was a book of quarters, figured at roughly $5 each would have been $180 in scrap value, so I put my hand up and got in at $80, thinking I could make some fast cash. Boy did I! One guy tried to get the auctioneer to cut the bid increment to half, and offered $85, the auctioneer said "we don't split the increment on money", nobody bid after that and I got the book for my $80 bid. That's 36 Benjamin's at $2.22 each, best buy of the day as far as I'm concerned. I just finished weighing them all and they all hit between 12.3 and 12.5 grams. Several are worn, most are really nice, and 4 look gradeable they are so nice. I would stand in a long line to do that again, but I doubt I'll ever get another chance like that again. Thanks for sharing your knowledge, it makes this a fun and profitable "hobby".
What is split the increment mean?
@@bsanchez3563 it is when the bid increment, in the case of these coins was $10, the man i mentioned wanted the increment cut in half, to $5 so instead of $90 he was offering $85, wouldn't have mattered to me, I would have gone $95, again thinking they were quarters. Live auctions are way more fun then online.
Spot price goes down and premiums go up
100%
I watch & buy dips, I don't buy expensive premiums, and when I sell I charge the spot and the ongoing premiums of that time!
seriously. ive been paying $30 since it was at $23. if silver is at $27 i still pay $30.
Hi, I will keep on stacking as much as I can . Good show
Keep adding !! Stack it !!
Is anyone saving copper pennies pre 1982? I save what I can afford. Great Show!
You are not allowed to melt it. Law enacted long ago.
I am, it might not be "LEGAL" yet but I think it will be eventually.
@@RobertLee-wi5kc Once it is melted and cast into a bar, who would know whether
the copper came from pennies or from recycled copper tubing or wire?
Yes I have been for years. I say why not?
All the time..........i still separate coins out of pocket change before it goes in the jar!
I'd like to be able to add to my stack, but the spiraling costs of everything is keeping me from buying. I'm retired on a fixed income, so I'm finding expendable money harder to come by.
I have been looking at the cash I put back before retiring. At the time, I had enough to live comfortably on for a year. Today, I think if I'm frugal, that cash might get me by for eight months. I've been thinking maybe I should put half of the cash into silver bullion. I know the price goes up and down, but the cash is steadily losing value with inflation.
Anyone have any suggestions?
I bought my first 10 oz bar
10 oz bars are my favorite, not small yet not too big. My go to bars are the 10 oz Britannia and the 10 oz RCM.
I would NEVER be able to have this much savings in a bank account. Silver stacking changed my life.
preach it brother!
Great video. Love your Whatnot auctions always wonderful items and great prices ❤
Yep
Be careful what you wish for. In 2013 silver started off the year around $32 and fell to almost $18. That was 11 years ago and silver finally got back to $32 and now its collapsing again.
It started at $32 because it was already coming down from an all time high a year prior.
Yeah because JP Morgue, the Master Manipulator is at it again.
I’m Buying Silver in this Dip . I believe it’s all pretty much Manipulation
I would love to see gold take a nice fat dip. I want to buy but while silver is dropping gold is going back up
Already did... It peaked at $2480? last week. It got down to $2340's yesterday.
@@phreak1118 Dips these days seem pretty puny compared to even just a few years ago. IMO, a 10% drop in price is a real dip, 5% is an OK dip, and less than 3%
is a "why bother" dip. I did buy some BU 1964 Kennedy halves about a month ago when SDB put them on sale. These are really good looking coins, so was fun
to add more of them to the stack. Also like 1878-1904 Morgan dollars too, AU- or better. Love the history of the Morgans. Do not own a "CC" Morgan but would
love to have one as a collector piece. Will be going to a gun / coin show in a few weeks and will be packing some cash. Maybe then I can find a nice graded
Morgan for the collection? Hope so.
@@edb3877 I agree with the Kennedys. I recenty got a 2019 .999 Proof DCAM 70 that is stunning.
This guy is gonna be a billionaire when the dollar collapses.
I will stack what I like. Stacking Perth Mint Colored Dragons 🔥🔥🔥
Libertads 🔥
Junk Silver Merc Dimes 🔥
Engelhard 10oz Poured Bars 🔥
Great advice 😊
I just made a visit to the Coin Guy with 2 tubes of silver eagles and 2 1/10th gold eagles from 2013 for a bathroom remodel i have been holding off on while Bidenomics is present....couldn't wait any more. TWICE AS EXPENSIVE TO DO 3 YRS LATER! Forget the groceries! PB&J's
Not low enough yet. $23-$24 is more tempting. In that range I would shift things around in my portfolio to add more SLV shares. If it gets low enough I would be tempted to sell some of my IBonds and dump it into SLV or IBIT whichever one has better value.
I don’t believe for a minute there is a collapse comming, is it possible- sure but what’s the odds mate? Like most I am average buying as the price drops.
Fall baby Fall !!!!!
Let's see it get silver back under $20 - I got a truck with lots of room in it!
I am blessed with my LCS. He keeps his premiums fixed, and only adjusts when his wholesaler adjusts. He is currently +2 on any new generic silver and +1 on used generic silver.
The KEY to a good life is being debt free! For 40 years I chased the "dream" and spent every dollar I made to pay for debt, thinking I was "living the good life".
Once I stopped this behavior, and started only paying cash for things - life has been SO much better. I now have less than half the income I used to have, yet I have 10x as much disposable income every month. If only I would have listened to my Grandpa 30 years ago, and lived a simpler life ....I would easily be sitting on a million in the bank!
I only have about $2k a month in total living expenses, and my retirement covers that plus some. heck, in other 2 years, I could collect coke cans off the side of the road and pay all my expenses if I had to.
To be honest the current prices even when higher are going to considered a steal once the 'COMEX' restraints are taken off precious metals.
9:40, higher interest rates area MUST! There should never have been a time when rates were under 3%! NEVER. Lower rates helped the rich more than higher rates. They borrowed for free, bought real assets with it. Dollar becomes worth less, there assets are still there. People are paper millionaires about to retire or just starting and their money is still in IRAs, 401Ks just waiting to be bailed in or hit with massive losses. Dividends may dry up.
Good morning from parkland fl. Great vid. Publix prices are definitely up there but sometime I just gotta get a sub. 😂😂😂😂
I keep my bills low my rent is also low and mostly buy junk silver
Being frugal is very wise, especially these days. I believe that it will pay off, too, and that one day you will be a wealthy man. 👍
Gallon of orange juice, here in Tulsa OK, almost $8 at ALDI!
The shop (in Florida) I go to is really fair... just got a 20 balboa and he only weighed the raw silver and .25$ over spot... and 1.50 over spot on bullion.
When my kid eats his food and says hes full the left overs are MY dinner 😢
I do that too but sometimes it’s ridiculous what’s leftover
Then how you buying all that gold and silver pls share the secret bc what u saying is truth at my place and groceries over$1500 a month
I have a good job even for this economy.
You are speaking truth my freind I got? How hard is it to sell on what not I have appointment set up to speak with them about selling on the platform
Those Morgan Rounds look fire, too bad rounds are not liquid in my área.
We say the pledge of allegiance every sunday before church
Awesome!
Some people try to do what's not as a second job of they just buy and sell coins for their income but if you have a family better to get a stable job and do what not on the side
Saw this, checked prices at jm bullion, bought 100 oz of sunshine mercury.
Silver should still be less than one 30th the price of gold and even if it is supposed to follow the trends of the economy because of our paper currency, where are they getting this information to make a report saying things are improving when things are still getting worse. People still finding less and less work, more and more immigrants are taking jobs that aren't paying taxes and of course prices of goods and services are still going up to balance out the increases in the price of energy since we have to import gas oil and coal
I remember reading Charles Dickens novel, A Tale of Two Cities a long time ago. I loved the opening paragraph that started with "It was the best of times, it was the worst of times..."
and went on from there with several comparative comments. The bottom line seemed to be that for those with money, it really was the best of times, while for those without much
money, it was the worst of times. The US economy is a lot like that opening paragraph, with some doing well and others not so well. The US economy is not monolithic but is instead
a series of industries and services that fluctuate in price and value over time. One example of this was that a year ago when inflation was well over 10%, pork was actually reasonably
priced, unlike beef or chicken. We would buy a pork loin and make a good meal in the crock pot with it and with plenty left over for burritos and stir fry dinners. That made us about
6 meals from a $10 pork loin and a few veggies or potatoes. Yummy, for sure and reasonable in price. We used to buy Costco rib steaks or NY strip steaks for $8 a lb. These same
cuts of beef are more like double that, so we don't get them very often.
Jokes on ARG still runnin' strong
For the youtube algorithm 😎✌️#DCAandCHILL
Copper is great because it weighs down the safe for cheap.
Best analysis, "What do I know?"
Just can't seem to catch you on what not, I'm trying though our schedules just don't seem to mesh! Thx for all the vids
Got up this morning saw the price and immediately went to the LCS and bought 5 more lucky dragons.
Stackin since 1978. It will be GEN WEALTH paseed to 5 grankids, I'm 66 dont need it per se, for retirement, dont see that happening. Buy/sell/trade PMs, it's a great sidehustle
How is it a side hustle if you buy, buy ,buy and give to kids?
@@RobertLee-wi5kc "Buy/sell/trade PMs, it's a great sidehustle"
Note the sell and trade parts.
$25 Silver coming!
I remember groceries for a family of four cost us when we were kids $24 a week. That was all national brands. JH
I remember when gasoline was two bits a gallon, bread was 5 loaves for $1, and when we went out for a burger, fries,
and a soda the bill for the 5 in our family was less than $7. These days, one can hardly find a single burger for that.
1000 dollar for 4 persons groceries would be cheap here.
I am in Belgium with 2 persons , groceries take 750 to 1000 euro but i eat mostly unprocessed food( vegs, nuts, seeds, fruit, little meat and fish). But buy also organic if i can. I only drink tea and tapwater and some soy milk. Wow if you can eat with 4 for 1000 dollar congrats.
Yeah well.. I have kids and they mostly eat processed foods like mac and cheese and chicken nuggets… I tried… lol
If your faith is in your precious metals, you will fail.
Hit head on nail few weeks ago they were crying cause it went up and it’s to risky now it’s going down they dang sure don’t want to go down see it goes both ways you would think so all year long it’s up and down so it should even it’s self out but nope the shops not going to do rite is collectors need get our own bullion and type coin warehouse where collectors can buy and sell with out all the premiums
Family of 7 here. 5 kiddos. Me and my wife. It is horrible AF.... watchin your funds dwindle after scanning each and every item at the grocery store. I have a day job, i gig 2 or 3 times a week....and STILL.... its hard as fuck.
Where’s the government to bail someone like you out? Hard workers who are raising good children need a break.
Don’t know about whatnot caught you on CZcams on my phone
💯 ! Speg. ! I feel the pain fam. Of 5 # and 1200.00. On food doesn't go very far with 3 Boy's.
Hopefully that my saving Grace will send some good profitable side work to me cause this is and how I can afford to buy metal and help with my bills as well.
It's tuff cause a 1000 bucks is still hard to come by but sure dose disappears in the blink of an eye.
I'm want to buy this dip but waiting on a couple of checks to get approval from working some jobs.
Hang tough cause I sure am trying myself but may have to buy when it back up due to my monthly purchases that I started doing 5 mo. Ago.
Love the show & tell of your work.
Thanks you.
Speaking of $1000, I just went to the bank and the guy said the ATM gives $1000 at a time only.. I said I need more.. he said yeah, you can’t even pay rent for $1000
lol so true and so stinking sad
Let's say you have 3000 oz of silver, and the price drops 3$, you just lost 9000$... and you find that "Great" LOL! Only in the silver community to you see stuff like that! Me every time I see the price of silver being pumelled down, I can't wait to see a good opportunity to get rid of that crap and get gold.
If gold drops $1000 after you buy it what would you do? If GOOG drops $100 what do you do? It’s the same for anything you know will continue to do well for years to come.. it’s a buying opportunity sir.
@@Spegtacular The thing is, gold doesn't have to insane crashes that silver have on a regular basis. Silver will loose say 10% of it's value in 2 or 3 days at least once a month. And while all assets can have downswings, silver is the only place I see people being happy about it. People say they purchase silver because they want to preserve their wealth. but when silver gets crushed on a regular basis, it doesn't preserve wealth. It finaly broke 30$ after year of performing terribly in an environment when it should have been but up like crazy. There was some light at the end of the tunnel that silver might finaly do it's job and rise to the level inflation has been since 2020... now we are quick going back down to 2020 level while the dollar has lost over 50% of it's value during that time and silver needs to be 50% more expensive than 2020 (pre-crash) just to be worth the same thing it was back then. If feel people say these things "Preserving wealth" without any understanding of what it means. So they loose 20% of the value on their stack but they are happy because the next purchase might be 100$ cheaper... That is crazy to me!
How many months can I go on $1,000? Hmm, about 300 or so? 😈 It's good to be retired and even better to have
planned well for it. Hyperinflation would be a serious issue but the inflation that we've had so far? Not so much.
But even with a hyperinflation situation, there's still the gold and silver stacks and they will literally explode higher.
Awesome buddy. I never asked but can you ship to England UK? I ask as you know me. Obviously let's only do it legally with customs etc.
Just not at this time. I used to and got put off because of how long it took for people to get their bullion. The international shipping time was absolutely disgusting
Tell them to dollar cost average.we have to why not them to.premiums hi and hi.its not right.buy low sell hi .
I'll be there!!!
I've been hoping up on bits and bobs of silver still. Crypto col
The only people really pushing silver stacking are the ones selling it.
Oh boy here we go… 🙄
@@Spegtacular I bought most of my silver stack when silver was selling for $14-$15 an oz. and with a $2-$2.50 premium. My stack is VERY comfortably in the black
on every ounce in it. I can see a good future for silver from here, so am not a bit concerned about it not rising higher. This is a trend, not a guarantee, so if silver
prices fall again, it will be pretty much business as usual. If, however, we get a true SHTF scenario, I will be spending my silver to maintain a decent lifestyle and
give some to our kids and grandkids. Might even sell a little for whatever currency is in vogue at the time so I can buy things where silver is not accepted. Note
that I would not be holding that currency for any longer than necessary to get what I want or need.
@2g's I'd make it 2 months of food if I lost my job. Family of 4.. not including other bills.
your grocery store is never going to accept copper for a loaf of bread...
They’ve been doing it for years 🤷♂️
@@Spegtacular not since they took copper out of our pennies..
Is $5 over spot ok for ase
You can do better
Costco has Silver Eagles for a good deal if you're a member with 4% cash back
1 troy lb per month.
Gimmie that discount 😎
My secret key to stacking is RAMEN!
Hahaha even that’s more expensive now! Used to be 10 cents
I always get mad when they waste food sometimes I won't give it to the dog or I eat it I never throw it away I will put it outside for the raccoons and the possums before I throw it in the garbage. I'm not going to throw away piece of a dead animal that died for nothing
Edit I just went into the living room and my son said that the pizza rolls tasted weird so he threw them away 😡 and I showed him the comment I just made 😆
To your son’s credit, pizza rolls lost their old style taste. They’re not as good as they once were.. very chemical taste to them. Torino’s pizza was once my absolute go-to frozen pizza but they changed taste too now I can’t even eat them.
@@Spegtacularwow that's crazy I guess I never noticed. Thanks for the reply
Silver is too large to store a meaningful amount.
People always have room for what they want and never have enough room when they don't. Are you telling me that if you thought the price of silver was going to be 100 dollars you would not have room for it? Guessing you were not thinking this when silver was 32 or you would have sold it all since it is too large to store a meaningful amount:)
Depends on size of your home.
Tell me where you live and I will bring my metal detector.
Silver will be $25 before years end. $85 end of 2026.
It went down? Lol
When the price goes over or around $30 you sell. Then when the price goes down you buy. This is what influencers in the silver community fail to get across to their followers.
Most silver stackers are concerned about wealth preservation not making a little money buying and selling.
@@rivjoy Well if you buy low and sell high you can add more to your stack. This is not difficult.
@@FightWithYourWallet you're an idiot
You’d lose due to the premiums. It’s what most non-influencers fail to understand.
@@Spegtacular I sold at $31 and now it’s $28 and going down. When the rate cuts happen in September it will go down further. It’s not that difficult.
I'm sorry but I'm not seeing your silver at spot
It’s on whatnot (use the whatnot) link and it’ll be at 6pm ET tonight
Corrupt ass system.
TRUMP 2024
I love silver, love gold even more! What I like most is running unto gold jewelry at yard sales for pennies on the dollar. For instance, I found a yard sale looked around didn't find anything I wanted, started to leave, my wife says hey, this woman has a box of jewelry! I missed it somehow! Anyway, I bought around 1200 dollars' worth of 10 and 14k gold rings out of that box for 150.00! Good buy as far as I'm concerned! Keep stacking and keep buying gold like it's going out of style!
Silver is still below 30 dollar's
Correct?