3 Reasons I’m Done with Silver (And maybe you should be too!)

I'm done with silver. Yes, that's right. I'm done stacking silver.

For now!

Now, it's about stacking GOLD. As many 1/4 ounce gold Canadian maples I can get! Yes, it's hard to find silver and gold, but in this video I give three reasons I've stopped stacking silver and started saving my money to buy gold.

I stack silver and gold to hedge against our debt-fueled, fiat currency-based economy that I am convinced is in deep trouble. Consider stacking silver and gold yourself to help you build and preserve your wealth. And thank you for watching Yankee Stacking!

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▶︎ Londonderry, NH 03053

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[YankeeStacking]

*** 4/2/2020 UPDATE - Tim hooked me up this morning!!! ***
Got got this ominous text from my LCS Dealer, Tim, early this morning (4/1/2020):

"Long discussions with my wholesaler today - he said after exhausting every possible source of product that he could think of, he had to 'throw in the towel' and go home. The problem is basically that wholesalers, dealers, refineries and mints are shut down all over the country at a time when the pipelines are empty. ...With NYC - the eye of the storm - still shut down tight, and with opposing ideologies more than ever infected with the insanity of blind hatred, the prospects of any recovery are getting dimmer every day. I've been searching for any similarities to the current meltdown in our history and have come to the conclusion that this 'perfect storm' is unfortunately unique."

This will probably impede my ability to build the "Yankee Musket" anytime soon, but I still maintain that Gold will be more quickly available than silver (Reason #3). What say you?

[helenwhs]

I’m not believing anything posted on April Fools Day. I’ll see you tomorrow :D

[mako]

This video makes me want to buy silver even more!

[likeris]

silver better option, when you have less then 5k. if you have 20k - gold better

[turkrane]

Silver is too heavy, but if things get bad silver will be easier to trade day to day.

[ebernationtro]

I too started on the path to purchasing gold, I recently bought my second 1/10oz gold shekel from the US Mint!

[jamesgreer]

Silver is the most undervalued precious metal there is and you're buying fractional gold are you kidding me

[emm_syd_music]

Yankee, how long did it take you to get all those 19 oz of gold? I feel very miserable with only 307 ounces of silver and 50 grams of gold. 😢

[VentionMGTOW]

During the 2008 recession my gold went up 70% but my silver went up 260%. It seems to be more volatile so going into a big recession I'd hold silver (as I do). I don't own any gold. For me it's silver and bitcoin.

[markovannash]

Thank you so much for this video. I am consistently informed and inspired by your content. Thanks again and keep stackin.

[stopasking]

Historically in times of Crisis people flock to Gold driving up the cost when gold becomes expensive then they look for other Safe Haven asset like silver that's when silver will make it move . gold may run up another couple hundred bucks before silver really takes off. Just my humble opinion

[silverbeancounter]

Interesting vid Yank. Are you a stock market investor? 401K?

[PeterKruseMusic]

Once this thing is done I'll buy more silver. For now, too many people are buying silver out of panic. So I'll wait until this is over to buy more! :)

[andreg]

Good luck with building your Yankee Musket, it will be interesting to see what happens in the next few weeks.

[westenderdays]

Thanks for the well thought out video. Can you tell me why are you now stacking the 1/4 oz. Maple Leaf.

[kpaulsen]

Coincidence that I owe $2200 in taxes and we get $2400. Most of it is going right back to the treasury.

[EmpirePreciousMetals]

My wife and I aren’t getting any stimulus check, unfortunately.

[rallyrobb]

I live over in Keene NH and found myself super lucky regarding a silver purchase. Right when silver bottomed out under $12 an ounce, a local dealer decided to go fire sale! Now, I agree that gold is where it's at...but when I get Silver Eagles at $10 a pop? I buy. And I bought as much as I could! I'm still bewildered of their actions considering the premium on silver online is terrible, but I didn't argue haha! Anyways, great video!

[tranerekt]

I'll give you $3 over spot for all of your silver.

[ronschneider]

Yankee, I'll give you one good reason why not to buy gold. But first let me ask you a couple of questions!

1. Why did Russia quit buying gold?
2. Why did China quit buying gold?
3. Is Russia and China getting ready to sell their gold?
4. What will happen to the gold market when they sell their gold?

We could be seeing gold prices crashing down to prices of gold back in the 1970s when gold was 350 dollars an ounce!
This is my opinion Yankee! I'm not a market analysis!