THIS is happening with American Silver Eagles NOW - Something NOT Right

THIS is happening with American Silver Eagles NOW - Something NOT Right

#silver #gold #bullion

Disclaimer: At times I will share MY thoughts and opinions but they are exactly that “My” opinions. I do NOT give advise. I am a amateur Stacker, Collector and investor.

On my channel I may speak about precious metals,and maybe cryptocurrencies at times among other topics including but not limited to other "markets," and current events. I am not a financial adviser and do not charge anyone for my videos/opinions, this channel is for ENTERTAINMENT purposes only. My views/statements are ONLY my opinions that I have formed on my stacking/collecting journey. You are responsible for your own stacking, trading, investing, etc. Please do your research I am not responsible for your actions. I would highly advise seeking advice from a licensed financial advisor. Not from me

[SilverWolverine]

Thank you all for taking time to watch this video.. Update Date 7/30/2024 8:24 am ET. The Bullion sales for July was update this morning (figures as much) As I said on the video they would probably be updated days or a week later. ASE's Sold for July 1, 700, 000, 1/10 Gold Eagles 35, 000, 1/4oz Gold Eagles 4, 000, 1/2oz Gold Eagles 1, 000, 1oz Gold Eagles 14, 500. These numbers are for the month of July only... Let me know your thoughts in the comment below. Please don't forget to hit the thumbs up button on the video... Thank you all!!

[numismaticofamericacoincol]

Simple price is too high don't buy!!

[SalivateMetal]

I think it's just that they haven't updated the numbers yet as you mentioned could be a possibility.

[markgotschall]

The last ASE bought by me was 1994, $6.50/each.

[serene]

LCS here in NYC have plenty of ASE and AGE. Its why they are only offering $1 buck over spot on ASE and 50 % of premiums on AGE. More sellers than buyers. Folks are selling cause they fear sikver will go much lower

[HJuice]

Same as you, last ASE I bought was around $21 $22 at Costco. I’ve been focusing on Platinum for the past couple months, along with Gold Buffalos

[bigdaddyhoffman]

Don't know about their sales figures but I do know this in my shop. Business is very slow and I'm seeing more sellers than buyers, about 75% sellers and 25% buyers, inventory is high, premiums are low and getting lower. All this tells me is people can't afford to live in this wonderful economy, people are broke and I'm afraid it's going to get much worse before it gets better. Hopefully things will change after the election. Anyway, thanks for the video Sir.. 👍. Life is good....God Bless

[richardmetcalf]

My guess is they haven't updated the figures. If not, people have lost most of their discretionary money to inflation! I know it's eating away my ability to stack the way I'd like to.

[bradleyozbun]

Well, I'm throw this in the mix.

Would costco buy heavy from them in the early months may have something to do with this as well.

They bought a ton of all 3 and possibly helped Gunther numbers up cause of f.o.m.o would kick in and the mint is not supposed to make a profit !
Cause it's the law but we all know that is B.S. !

Think about it !
Manipulation ! Possibly !
Idk. Squat ! Just my take.

💯 to you S.w. and the rest of the community.
Thx. For letting put my thoughts on it.

[billseymourjr]

No I haven't bought any ASE . I think the premium on them is not worth buying them. Just to damn expensive for me.

[silverarpad]

Thank you very much Wolvie for taking the time to do this investigative report for us !. I have recently purchased a American Silver Eagle just a day ago. It was a 1986 sweet type 1 proof from my LCS in the nice purple box and clam shell for a grand total of $40 tax and shipping charges free !. Never was a fan of the broken wing eagle type 2 even though I do have a couple from the transition year.

[numismaticstacker]

I recently bought 5 American silver eagles plus an album. Because I want to pursue an entire collection someday.

[erickimbrel]

Just bought silver eagles random date from provident metals will let you know what comes paid 32 and some change for each. Also bought three from LCS at 35 each.

[ericreen]

Bought a tube for $31 still pissed me off on premium but was under $4 premium

[Devan_Bolin]

I’m new to stacking but I have been getting ASE for 33$ each but I get in uncirculated and slam I got a 2014 SF early release MS 69 it had some milk spots but 33$ I didn’t think was a bad buy what do yall normally pay

[keithknechg]

Just 2, both were slabbed as 1st strike.random date , still pricey.

[Metalmatte-.]

They are worth stacking if the price is right. So easy to over pay. I'll take cull eagles all day!

[mattbernacke]

Take a shot every time he says American Silver Eagles 😂. Great video, keep ‘em coming good sir!

[rustipton]

First time to watch your vids. Hello. What about the dips in silver, does that effct the price on eagles? I bet july will close out strong.

[sailfly]

Aren’t you folks watching the Dollar Index and how it affects PM’s.