SILVER more rare than GOLD? Gold PRICE Is on a Tear! COIN SHOP TALK
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- čas přidán 2. 07. 2024
- One of my coin shop customers that is a long time silver stacker says silver is more rare than gold. The price of gold & silver is rising. Hear my thoughts in my coin shop about what I think is going on.
DISCLAIMERS/TERMS/RULES:
I am not a professional financial adviser or consultant, the content is my opinion or the opinions of customers in my store.. This video is for entertainment only. Please consult your investment and tax experts for financial advice. Do your own research!
Silver stacking, silver bars, Gold Stacking, Silver bullion, Gold Bullion, Coin store, Coins, Silver price, Gold Price, Coin Shop, Precious Metals
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Do you think that silver is really more rare than gold?
Not a chance in hell that is true.
No, not at all, but it's getting closer day by day.
Long ago remember something and the numbers were crazy about how little silver there was per person in the world. Way back in the day a roman soldier got like a silver dime a day for his pay. Today's pay like for that grade worker 200 bucks. So, should one old mercury dime be worth 200 bucks or more? Could be. Rhodium was like 650 bucks went to near 30 thousand in a very short time. Silver is used up, gold not so much. imho at some point in time silver could be more valuable than gold.
I dont discount that possibility!
@@jackjones4043 Last I heard about that it was 3.5 oz of silver and 1.5 ounces of gold per person.
Bix believes it as well. Gold just sits in vaults. Silver is consumed, and thrown away... and blown up in missiles.
Gold has just begun, silver hasn't even started YET.
I think that there is a lot of truth behind the rarity of silver, being more rare than people think. It comes out of the ground at 16 to one or eight to one somewhere in there. But gold gets saved and silver gets used, so the true ratio is a lot closer to 8 to 1 or less. When they use silver for electrical contacts, it gets vaporized and it's not recoverable. This has been going on for 100 years. When they do the calculations for silver, they can only calculate what is actually mined and sold. They have no way of calculating the loss. So they have not factored that in.
Very good guest today. I didn’t find him eccentric at all, I found him to be wise.
The 4.8 earthquake is a big deal. In fact, it is quite rare to experience this on the east coast. We felt it in PA.
Take note: the upcoming eclipse happens in 3 days....on 4/8.
Hmmmmm. Interesting coincidence.
You think God is speaking through His creation? Just saying.
Until someone pays more for silver over gold, we shouldn't even entertain the thought of that.
I believe your guy is right about Silver. We’re never gonna be millionaires off of silver. The big players have shown how they can manipulate the silver market. I have my LCD shooting me pictures of my favorite Silver Engelhard bars that people are trading in left and right. And that’s just with a couple dollar jump on silver. I do believe that Silver will reach at least $40-$60 an ounce. I personally don’t believe gold is going to reach $4000 an ounce, although I do have a little gold tucked away. It’s just hard for me to believe that just a couple dollar jump and Silver brings out peoples stashed Silver that they have been holding for years. Take this comment for what it’s worth I’m just a working guy wanting to live the American dream. Bless you and your viewers. Stay safe Monday with the Eclipse happening add 3:09 PM.😂
Well you couple that with a job loss and presto 😂🎉❤ also think how many bought years back and just want to break free and possibly even on the metal to get out.
@@JFEnterprize I really hope that the people that are selling the silver have bought it when it was way way down in price and is doing what I hope to one day do with mine.
Guess again
Sensible discussion and perspective 👍👍
I bought 10 face Silver Walking Liberty halves at $219.71 today's price $225.49. My gold gram bars have gained $30 too.
Were all been waiting for this for So Long , this could be It , Total collapse of every thing we used too know
no great Loss All these ETF"s there been pumping World wide Since the 70"s Are Worthless any way
one day Its gonna Happen
Enjoyed listening to your guest. He offered interesting perspective on things.
Glad you enjoyed it!
I bought two BU silver eagles today for a total of 70 bucks. I also bought a 5 gram Pamp Suisse gold bar for a cost of 414 bucks. If silver is more rare than gold, the price sure does not reflect it.
Awesome video! I especially enjoyed your customer's comments. He's spot on. Thank you for posting.
Thanks for watching!
Been buying gold coins for 40 years. I see it going to 2500 by end of summer. And I see myself selling when it does
Hope u don't put it into the failing US dollar
@@Popnpoff Agreed but ... doctors tell me I have year probably two before the lights go out. It,s bucket list time and even if I make it three more no way I,LL spend it all and will still be able to leave a sizeable chunk to my girlfriend and life partner. Get the planes warmed up. I hope to sleep in seven different continents before I lay my head down for good. ✌️☮️🇱🇷
@DeeJayMemories well if u gotta go ..... might as well go out with a bang!! Good luck to you, and to your life partner!!!!
Cleveland in the house!!
Fellow stacker here…. Mad love from your Cleveland family ✊🏻
Appreciate that
Rising gold prices are a reflection of rising risk. Silver says me too, me too!
Excellent video and analysis. Thanks for posting!
Glad you enjoyed it!
Not sure where your at. I was on the PA/NJ border about 20 miles away from the center of it and felt it good . But it wasent to bad
I was wondering what people think of the likely hood of the gold/silver ratio resetting.....Will it be before gold goes parabolic or after? When is the most likely time a guy will be able to trade up to gold with the most advantage.
It will be as bad as Y2K was on Monday.
Good vid, interesting info. Would love to visit shop.
Please do!
Thanks, for the info!
Any time!
I didn't realize you were in Cleveland area. I'm in Steubenville so you may have to be my local coin shop lol
Cool
Great video presentation thank you for your video
Glad you enjoyed it
Gold is taking out of a hole in the ground called a mine and putting a hole in the ground called a vault most gold is never used silver is used industrial purposes and what more do you need to say
All prophesied to the coming of the Messiah.
The devils commet is also passing by during the eclipse. These are biblical events.
great video my friend.
Thank you 👍
Hi Ho Silver 👉
Only 1 billion above ground ounces of silver..... 4 billion ounces of gold. Silver is more rare...lol
Nope!! Not at all,but I do like SILVER.
De Gaulle
Keep gold till 2500
Felt that earthquake. Not for long tho
No
Platinum is more rare than Gold
Too many silver stacker with tons of stock..
Gold increases by dollars 💵 Wile silver goes up in Pennie’s
Pennie’s what? Underwear?