Silver Dealer: Here’s when you DUMP IT ALL (mark your calendar)

Silver stacking is the way to go. There are many ways for us to protect our wealth, many ways to swap out our fiat currency for a tangible asset and silver is the best choice. Just look at the past two decades and you can tell that silver will dramatically rise and increase in value over the coming years. You absolutely can't go wrong. The smart thing to do is to buy as much silver as you can and stash it away! Don't touch it ... the bullion prices will continue to rise and when you wipe the dust off that silver - in 2055 - you'll be glad you bought in now!

20 AMERICAN EAGLES CONTEST

MONEY METALS:

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 ONLY. Content in this video may be outdated or inaccurate; it is your responsibility to verify all information. This video is for entertainment purposes ONLY.

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! YouTubers referenced: Yankee Stacking, Silver Dragons, Silver Slayer, Smart Silver Stacker, and Salivate Metals.
#gold #silver #preciousmetals

[ReeseWitherspoon-td]

Prices fall, panic rises—but disciplined investing during a recession often leads to outsized returns!

[generalstack]

You dump it all when you have an emergency or serious need and have to use your savings to survive and respond to the crisis

[Schneiw]

Dont take financial advice from random youtube videos

[iamgabriel]

I'm keeping my gold no matter what the spread is.

[shipinspection]

Usually swapping Gold for Silver or Silver for Gold at Coin Dealers do not work. I'll try to explain with a scenario. Currently Spot Gold is $3225us per oz & Spot Silver is $32.25us per oz.
The buy sell price for Gold is $$3303-$3210 & Silver is $35.27-$31.92
If you brought 1 oz gold & went into the dealer to sell it, you would receive $3210
You then buy all the silver you can with the $3210 resulting is buying 91 oz silver.
Supposing next week you went back into the store to sell your 91 oz silver resulting in you receiving $2904

Surprise! You have now only $2904 when last week you had $3210 from your 1 oz gold. Your total loss is $306.
If you hold onto the 91 oz silver instead of selling it, it would have to rise $3.36 per oz just for you to break even.

Conclusion: Not worth the trouble unless you find a dealer or a person willing to swap gold for silver without incurring spreads or premiums.

[JeffEvenson-dk]

Everybody wants to just give their opinion of what they think is right when everything is wrong

[albing]

Thank God, Wisconsin eliminated taxes on bullion in March, 2023. Taxing transfers from checking to savings is insane.

[stantonmagid]

Premium yes but don't pay taxes on your silver you are buying at the wrong place

[GrayWolf-]

Here in Florida I always purchase more than $500 at a time because at that amount it's exempt from sales taxes. I have made a lot of value but I probably will never loose any value in my silver. I collect it for fun.

[veteranredbeard]

This is assuming that your audience HAS the gold to trade for silver. While i have used this strategy, others dont have gold at all.

[elizander]

I sold 100 oz of silver and bought gold

[aaronjones]

There has NEVER been a spread like now. EVER

[jarvisskooge]

Silver is & has been an underperformer... & kept artificially low. It should be in the $60-70 /oz. at a minimum.

[finshaw]

I don't have any interest in swapping metals. Just buy what you think is the best deal at the time. I don't understand how people have to pay "sales" tax for converting Fiat currency for bullion. How many states actually do that?

[shipinspection]

Swapping Gold for Silver: From the buy & sell pricing spreads in a dealer, you generally lose about 9% in silver & about 2.8% in gold. These are figures only from one dealer, as other dealers may have slightly different numbers.
I can see a scenario where an avid metal investor can have a net gain of Zero Dollars even if the price of Silver were to rise to $500 per oz. assuming he continually swaps gold for silver and then silver back to gold when he deems the ratio beneficial to him.
The buy & sell spread would wipe out all potential gains & might even compound any losses.
Every time you do a swap, your metal prices would have to gain approximately 12% JUST TO BREAK EVEN.
Your odds are better at the slot machines.

[albing]

Keep the gold for security & low risk. Enjoy the beauty and affordability of silver.

[End_rick]

In light of the current economic conditions and escalating living costs, can you share your insights on how to sustain profitability

[jajangnurjaman]

sell 1 oz gold, you will get 100 oz silver, cool...

[RICHARDOCONNOR-sj]

Actually, you don't. I went to my LCS last week when the ratio was 102 to 1 and was only offered 92oz of Ag from my 1oz of Au.

[cephasmartin]

Two ounces a week? I buy a tube a month, sometimes two tubes.