Silver, how can it be capitulation, when everyone is buying?

Capitulation? I guess that we are going to have to redefine it, someone call Websters

[Kered-]

Hi, I have been watching your videos for the last 2-3 months and love them.
I started stacking silver about 3 months ago, and now have close to 150oz.
Thanks for the insight and unboxings!!

[susanhopemason]

I agree. The right reason for buying silver is that it is a more affordable hedge against inflation, than gold is. I can't afford more than a 1/10 ounce of gold, but I can afford silver right now, and am using it to save for the shelter for my lot, and the other things I will need to actually live there. If I were to attempt to save paper dollars...the purchasing power of those dollars would continue to go down and down, and at some point, even disappear.

[jmsy]

If anyone wants to capitulate on their physical, PM me first! This guy does not fold! I. AM. NOT. SCARED.

[rockyw]

what a ride today. first I saw it was down 98 cents and heard it had been down 120 and the prognosticators were singing the coming of $12 silver and 900 gold and everyone they interviewed were all saying the same thing and they never talk precious metals so I was having a friend (Mark my shovel man) so I went shopping, collected a debt someone owed me and came home and BBQed. By the time I got back silver had reversed and was up over 50 cents at the time a 170 change and when

[YourGermanTV]

Your videos are realy great. :D

Greetings from Germany

[redrubberball]

Good question! My reaction would be that the price seems to have been driven down by one faction and being taken advantage of by the other. "Never look a gift horse in the mouth".

[blackbelt]

You are exactley right. I had to sell but Im back in with my first buy of 20oz at 22.56 spot, and was extatic.

[silverfishVT]

Dont sweat it Greg, just panic selling, that reaches a crescendo, thats all. People throw the term around in the financial markets all the time, when we have high volume sell offs, usually marking a bottom.

[silverfishVT]

All over now. Gainesville coins, Provident, a little Apmex.

[JamesSOCO]

Interesting times we live in no? Industrial demand for silver and jewelry-the top two buyers of silver is down, but coins & bullion- is doing quite well. Not just in the US, but especially in Asia. Is it enough to compensate for this? Probably not, but if industry and jewelry demand pick up it will bring silver back up to a really nice level of support. Asian consumption is key here.

Despite the volatility & other cons, the risk of which I accepted when I bought in, I'm still long on silver.

[JimmyYuma]

Interesting times we are in. I noticed that Bix Wier is selling one ounce silver rounds stamped with "road to roota". He obviously plans on cashing in on the buying frenzy, what does that mean? I'm not sure if it's good or

[jbbigboy]

Important to simply keep a few things in mind. Biggest thing is to seperate the two
markets....paper and physical. I've sold 3 Maples on Ebay the last two weeks for an average price of $32. Meanwhile spot is $23 ish....
I'm buying next month...$1200 for whatever. Rounds probably....
Two worlds exist and physical ....ALWAYS keep that in mind and buy when you see spot at these levels.

[Paetaor]

I was in NY in the Diamond district last week and the 'We buy gold." signs were everywhere.

I think you need to look at where you bought and think about what this would have cost you 5 and/or 10 years ago. I got stung once by the 'buy at any price' crowd at $29 and shame on me for not looking at the past. It is still 370% for the past 10 years down from about 1000% at the peak.

I picked up 90oz recently but waiting for the next big drop to buy more.

[BUTTERTOOTHPUNK]

I buy and sell often. I keep my profits in silver. Easy peazy! I have not failed to profit on a trade (when measured in oz's) in 3 years. Don't fall in love with your stack. Reap your rewards often and you will never be remiss.

[rockyw]

I put the same channel on no one mentioned the turn around, imagine that.

[silverboy]

Everything is the reverse of what it should be in this market. I am buying another 2013 1oz kook this week though. Screw the banksters.

[freesk]

Those Canadian Moose are on Ebay/Apmex for $42.72 right now. :)

[pdballerina]

Well normally "it's different this time" never holds true.. but the world is so financial dysfunctional right now...who they heck knows..

[TomTheEnglishPicker]

I just worry that a lot of stackers will get freaked out and sell all at once and the price will nose drive.

[joehervey]

Thinking about trading my metals off, I'm thinking about a new bill I have now. Sucks but I rather have a home to come to.