Coin Shop Dealer issues DIRE warning for 90% SILVER

Silver Stacking? Buying it up in all its forms ... in this video, I talk with Mike from Pacific Precious Metals and you NEED to hear what's going on with 90% silver!

Pacific Precious Metals
1330 N Broadway Ste E, Walnut Creek, CA 94596

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Disclaimer: I am not a CPA, lawyer, or financial advisor. I am just a guy that loves to stack precious metals. This video is for your entertainment.

Topics covered:
Often we stack silver and gold by working with a silver dealer but today white collar crime impacts the price. Inflation causes prepper reactions as gas price, oil, gold price are at record levels. Silver stacking price along with spot price makes precious metals a likely investment. Does finance and the economy and interest rates make stocks in the stock market a last resort for hyperinflation? Economic news for mining stocks may be a good financial education and choice; though if you are a constitutional silver stacker then bullion like gold coin and silver bars or even silver rounds offer likely alternatives to central banks. What is a CBDC? Is it part of the FED or is the federal reserve simply a fiat currency? People tell us investing in gold and how to invest in gold but not the best gold coin to buy. Do you wonder about financial education, safe haven assets and where to Buy Gold Coins. Getting started buying gold. The final topic is how to buy gold coins, and which gold coins to buy. Plus, how to invest in gold because buying physical gold requires a beginners guide to buying gold. Arguments about the best place to buy gold coins as well as the best gold coin to buy. For your introduction to gold coins, American Gold Eagle, and of course American Gold Buffalo!

[azwelke]

I think it's because he calls it junk, he should call it constitutional and maybe it will sell better😂. Constitutional silver actually has history and collectibility. It's part of American history, it is real money.

[mysterybuyer]

Heck I would not be sending back the 90% I would keep it all for myself. Thats crazy.

[bobsilver]

My main focus on silver stacking is 1964 JFK's and Franklins

[joencrypto]

Please tell the dealer to keep sending it back, there's plenty of buyers for 90%. I've been stacking mostly Franklins last 3 years.

[Robert]

I buy and store both silver and gold. I think that the general population here in the USA, at some point, will be reeducated at some point on the value of "junk" silver. I would say 99% of Americans do not even know how much Constitutional silver makes up one ounce of silver. If we as a nation should ever have a currency crisis, almost every American will recognize US minted coins. And, every American will begin to understand that recognizable 90% silver American coins will be safe to trade with. If someone is storing gold or silver, even "junk" silver, in the end, it is a store of value.

[Daniel.Ministry]

Constitutional silver has a much less chance of being fake, rather than silver bars or rounds. It has historical use as money.
If silver was to be confiscated, it would be difficult to confiscate legal money.
Overall, I think 90% silver is a great way to go with great safety and possible usage if needed in a crisis.

[johncollins]

Weather it’s gold or silver and regardless of premiums or what type of gold and silver you stack look at and remember the following:

Gold- 1, 993.10 USD +757.30 (61.28%)past 5 years
Oct 20, 4:59 PM EDT •

Silver-23.53 USD +8.83 (60.07%)past 5 years
Oct 20, 4:59 PM

[tommaricle]

I love 90%. It's a part of history. When I find some without crazy premiums I'm always buying.

[armandrodriguez]

Several months ago everyone wanted 90% silver, and several months from now things will change again.

[cashman]

The "same cost to make the coin" logic really doesn't explain the premium discrepancy in gold. The actual cost of making the coin is negligible. If it weren't, the same dollar premium would be a factor in the cost of fractional silver coins as well.

[Knife_Collector]

35 seconds out of a 4.16 minute video devoted to the topic.

[RALPHHART-tuwl]

He must be selling at a very high premium he needs to lower it then their buy back can't be much over spot for it.

[thaboomer]

I have followed silver for years. Long time stacker. I hear many examples of dealers who are having trouble getting enough junk silver to meet demand. So any report of high or low demand for junk silver should be considered a regional issue.

[delmonicofarquhar]

The bottom line is that gold and silver spot prices will still fluctuate, even as the overall economic outlook (and certainly the geopolitical one) remains bleak. But when the breakout surprises to the upside occur, you're going to see both metals seek higher levels before consolidating and, yes, fluctuating again, but this time they'll be fluctuating around those higher levels. Spolier Alert: We may be in the midst of an upside breakout right now.

[bgsman]

Not so in our local store. We usually sell out our quarters first and then our dimes.

[NTSCuser]

Another dealer said on YouTube he had a million dollars in unfilled back-orders for junk silver because he couldn't find a supply!

[silverstormienormie]

The reason this coin dealer not selling junk silver could be the premiums he's charging or it could be a regional location issue. By him sending it back to a distributor they will distribute to another part of the country where demand is higher. I've seen recent videos were coin shops can't keep it in stock. Thankyou

[callitbreeze]

Nebraska. Junk is not junk. Can't keep it on the shelf

[jamespang]

Maybe a regional thing. Here in my state; junk silver is selling for a big premium

[helenbrooks]

I love "junk silver". It should be worth, and eventually will be worth much more than silver ounces."Junk silver" is not only silver, it is very old, collectible coins, with limited production on each, and every piece.1964 coins are going on 60 years old.There are nowhere near the number of them left from when they were minted, and there weren't that many minted.