Exchange Silver for Gold? My Silver Dealer tells all!

Exchange silver for gold? My silver dealer tells all. A lot of people think that they can walk in to a gold and silver coin shop, hand over their silver, and receive the appropriate ratio of gold back. Is that how it works? In this video I talk with my local coin shop silver dealer, Tim, and get the skinning on playing the gold to silver ratio (GSR). Do you hope to exchange silver for gold one day? To you think that your silver dealer will give you as much gold for your silver as you expect? Will the spot price of silver matter? Will you expect to trade silver for gold directly without two transactions? And will the gold your after be available or become "unobtainium"?

Tim Marschner
The Coin and Stamp Shop
300 Granite Street
Manchester, NH 03102
[phone]

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

💌 Mailing Address: Yankee Stacking, PO Box 671, Londonderry, NH 03053

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Topics discussed: silver, gold, silver for gold, silver dealer, coin shop, GSR, silver ratio, exchange silver for gold, spot price, silver spot, trade silver, buy silver, unobtainium, hedge, debt, currency, economy, wealth, stacking silver, stacking gold, precious metals, junk silver, bullion, stack silver, stack gold, silver bullion, silver stacking, silver coins, silver eagles, gold coins, gold bullion, gold stacking, invest, investing, investing in silver, how to invest, how to invest in silver

#Silver #SilverStacking #YankeeStacking

[joeylandry]

I’m not selling Jack. I have a pension and cash, the metals are for the possibility that those two things go belly up. If those two things don’t go belly up then my wife and children can manage the stack after I’m gone. I like the idea of becoming my own bank and protecting my hard earned money in physical gold/silver.

[partypickle]

My favorite excerpt from this entire video was the following quote: “Gold is a barter currency between nations and silver is a barter currency between individuals.” It was some thing that I had not previously considered, but is important to recognize nonetheless.

[bigstacknumismatics]

Excellent information from Tim - 'gold is the barter currency between nations, and silver is the barter currency between individuals' Thanks Yankee!

[Redswhiskey]

We can't begrudge Tim for trying to run a business! Sounds like he keeps his margins low, and pays well to his customers. That's an A+ LCS right there! Love to see it

[jordanweb]

Hey man just want to say I really like these videos when you talk to your Local dealer. It’s awesome and informative, this guy is great for taking the time to go over stuff like this. I hope he knows we appreciate good people like this!

[goodgoskee]

I spoke 2 old-timer LCS owners who were in business in 1980, 2011, and today.
When silver skyrocketed, there was plenty of gold...so not to worry about the SGR play. Understand that when people go manic about silver, that's not stackers. It's the general pop who want to cash in their mom's flatware. In 1980.... they were lining up to sell their bars and silver platters....for CASH. The coin shops were running out of cash and would be happy to swap gold instead of paying cash.

[marktheshark]

If I bought silver at $10/oz and I’m doing a trade for gold when silver is at $28/oz, I don’t mind a little slippage in the transaction. I know the LCS has to make a little money too and I don’t mind paying the “vig” to support a local business.

[MrHayabusa]

I’m sticking to stacking silver. Since it is a precious metal and an industrial metal I think the value per ounce ratio is going to be much better than gold. The more electric cars and solar panels being made the more scarce silver will get.

[brianlind]

I traded 100 eagles for $6 over spot and picked up 110 oz of low premium silver. Grow the stack!

[rsiraistlin]

Love when the channel has this type of info over the "sponsored interviews"

[onemorevalyrian]

YS, this is a very powerful interview addressing one of the key questions most Stackers consider. I, myself, don't consider the GSR as a means to acquire Gold through a Silver to Gold swap...there's gonna be a lot of disappointed (and surprised) folks out there when "the time" comes. Thanks for this video and tell your silver dealer he is amazing!

[clatsopcoin]

However, Tim is really appreciated for giving the interviews.

[dgerdi]

There is an old german saying: „Gold für den Grund, Silber für den Mund.“
Means Gold is for buying an acre or a house and Silver is for buying food.
The more I learn about Silver and Gold the more I learn, how different they react to the same market situation.
Long story short - if Silver skyrocketing it is mostly bad. If Gold is skyrocketing too it will be even worse.
No one should really hope for this. People fighting over food isn’t a sane scenario.

[jenette]

People don't realize your a business. My parents had a small grocery/gas store in the late 60's. Made 2 cents a gallon on gas, 1 cent for a 1/2 gallon of milk. Don't know how they did it, no big profits

[SB-cvbb]

Why would anyone even consider selling silver for gold? The ratio is insane. Sell gold to buy silver! That’s the only thing that makes sense

[TheQuickSilver]

Every coin shop deal with trading like that differently and people need to ask their LCS long before anything happens and assume nothing. Personally I won't be selling or trading anything, I'll just buy more gold (which is what I've been doing since January). Thanks, Yankee!

[lj]

The best silver stacking channel. Definitely a wealth of knowledge and appreciate Yankees love of stacking.

[williamrooth]

I loved my coins so much that I had a hard time parting with them for years. To do his job, you have to love the hobby, but be willing to sell them off. $1.00 profit per Silver Eagle. He sells 10 of them for $10.00 profit. Doesn't go far for rent, lights, a mortgage, food, a car and insurance. I don't know how he does it, but I'm glad folks like him exist.

[GoldAddict]

I don’t trust that we will have the opportunity to take advantage of the GSR...So I’m just loading up on both gold and silver...and a sprinkle of platinum for good measure...but I have to say...gold is the twinkle in my eye of the precious metals...silver is a speculation that I hope pays off...platinum is a speculation as well...

[timothyloyd]

I'm a construction worker so gold is hard to get. I do have a little in my dad's safe. So I'm going to take some of this silver I bought at $14 and get 1 more oz of gold. But great point