All I am going to say is that "this is the way" and I have been stacking just under two years now, and I have stopped spending money in several other areas and been dedicating my money into PM. And I honestly would not have ever imagined that I would own what I currently own. I want to be my own bank and own my own wealth rather than letting someone else hold it and loose it. From this point on I will always dedicate a portion of my income to PM, I am hooked and to be perfectly honest......stacking videos started showing up in my UA-cam feed during COVID, during COVID we were making SO much money in OT from work, and the extra money I made mainly went to PM, one of the best things that could have happened.
I'm a collector of things. One thing I learned through the years is collecting anything is all the same. With super rare , amount produced , condition, value, variations, ect. Whether it be coins, toys, cards, stamps, art so on and so on. Collect or stack what makes you happy. If you're looking for a quick buck idk , casino maybe? But I wouldn't recommend.
The best thing about stacking or collecting is that besides the practical aspect it can be fun and enjoyable. If you don’t t have a passion or appreciation about precious metals don’t even get into it. There are better ways to “ invest” if that is what you are after.
Considering the recent developments involving SUB, Signature Bank, and First Republic Bank, reminiscent of the 2008 market crash, is it prudent to continue saving in the United States dollar? Alternatively, would it be wise to contemplate investing in gold amidst these circumstances
It's always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I'd say it is better to reach out to an advisor for guidance.
U.S. Debt is $32T. Actual Debt with unfunded Liabilities is over $100T. That means every Man , Woman and Child would need to pay $1M to settle that $100T of Debt. The USD will ultimately be scrapped , replaced and a major devaluation will occur in the future.
Maybe a howitzer on the roof would be wiser. States can build & fill Ft. Knox"s like Texas and issue true Constitutional redeemable gold/silver claim checks. ♥️🐥⛱️
I too hold and buy PM as a store of wealth (be your own bank). But, there is a lot of SHTF discussion and talk about the $ collapsing. I often thought that if this happened, would there be a shift to another currency such as a gold backed Russian or Chinese currency that would replace the $ for the most part, or even the Euro or Pound? My PM might be the only universal fully transferable and accessible savings account available right now. 😮
People say it’s the worst investment bc they are not buying for a long term hold! Collecting gold I see it as “set it and forget it” which is good/ easier for beginners trying to “preserve wealth”
He summed it up perfectly about Dave Ramsey. PM are not an investment that’s going to bring you a profit to buy your next house . It’s all about wealth preservation . Some use it as an emergency fund.
In Germany 4 gold coins would have purchased you a house during their inflation..... Know history before just willy nilly repeating all the talking heads there. Most people just repeat things they hear people say, Gold and silver is real money and its value can only be calculated when slime isnt owning the trade- value .... Comex slime.
1. If JP Morgan is selling it's silver hoard off ..............what are they moving that liquidity into? Gewnuine question not many have discussed....I love your channel because you don't keep asking the same newbie questions...keep doing new stuff! 2. Won't ALL TRADE outside of the banking system lean more towards something that can't be tracked - the reason people used crypto asset was because they didn't want their funds tracked therefore - it'd seem that fences would spring up that knew both parties and be looking for metals and be paying a premium over the next 20 years sometime.............Isn't that what BRICS is all about is trade around the SWIFT system in a way? ;)
I first bought Ag in '08 for $11 an ounce and have never worried about it or any subsequent silver purchase for a second. It's real. I can hold it in my hand. It's not ones and zeros on a hard disk "somewhere."
That's because Gold & Silver aren't investments. I wish people would stop using the word investment and Gold & Silver in the same sentences. Gold & Silver are money by nature. They are the very standard of what money is. The only difference is that they function like money in sound money environments, but they function more like insurance in unsound money environments. Whatever the case, they are money, and they are long-term holds. They are NOT investments. You can make them into investments by purchasing jewelry, art pieces, or collectibles/numismatics, but Gold & Silver in themselves are merely money. Money has a nature or essence, and Gold & Silver fit that nature or essence perfectly. There's really no getting around that. Just like the laws of logic or the laws of physics, the nature of money was discovered rather than invented. This is why all of human civilization gravitated toward these metals over time, and they didn't relinquish them or get away from using them as money until a moneyed elite decided that they wanted to accrue all power to themselves and live as Lords over the people. They've been trying to accomplish that for the last 120+ years, and they have almost achieved their goal at this point. If we ever let ourselves be enslaved and entrapped by a CBDC of any sort, they will have achieved their goal, and only global mass revolution would change that.
I'm just glad that I did a bit of stacking before my life went to sh**. Now how does JP Morgan Chase keep the prices of gold and silver artificially low (WAY low)? I know about the shorting, so it is not that I don't understand how exactly they do it; I guess my question is why are they allowed to get away with it by only paying an occasional "fine"?
One can prove the Dave Ramsey types mistaken by charting the S&P priced in gold rather than dollars. Use these ratio charts on most anything. How many ounces for an acre of land, a barrel of oil. Gold / silver ratio
I got a copyright claim against the video because of it. What sucks is it’s performing very well. Oh well, I’ll gain some new subs from it. You’re an example, so thank you!
Yeah... This is a good time to be a precious metals dealer. They're making huge amount of dollars selling metal to panicked customers who want to have metal instead of dollars.
@@bushman1492 If you think about overall population, you're right - they haven't panicked and I don't think so they will, but if we're talking about pm buyers, this community has been in panic mode for over a month already. People watch scary youtube videos, and this allows pm dealers to make very serious money.
Not seeing gold and silver go up with this latest demand u are claiming….actually gold and silver are dropping. Silver can’t even hold $24 and gold can’t hold $2k. The dollar is stronger than u give it credit for. Not even war, bank collapses, unemployment, massive inflation, economic uncertainty, none of these things have caused gold and silver to go up significantly. Laughable at this point.
Stormy, Awesome video. But be careful. It seems like Steve wants to scalp you and make a toupee for himself. WELL?? You do have good hair. LOL. Dame Ramey is an idiot. If I did what he wanted me to, i would loose my shirt, Trust me happened every time. Better in metals and protect what I got.
Uganda has Just found 12 Trillion Dollars in Gold on a 300 km strip of land that say belongs to Sudan & not Uganda. And America said it would help secure? But the Ugandan government has licensed Wagagai gold mining company, a Chinese firm to start producing gold products in Busia district.
Virtually positive this old story is fake news, if it was even close to true the price of gold would’ve cratered since so much more would eventually flood the market. Either their prime minister misspoke or he’s a grifter, because they do not have 12 trillion dollars in gold there
Live here in the Pacific Northwest and we did have a lot of rain over the winter. There's several places here in Del Norte where Gold can be found. Something fun to do and take visitors out to try. Go to the river, pan for gold, go for a swim or kayak down. VT247
Stormy - writing as a photographer: in the ambient light of the coin store, you actually show a very good profile, at least from the side we saw. I think in a 3/4 view from the sames angle, you could make a great portrait, and I think the haircut and beard look right on you. Keep up the good work, you're in my 6 go-to metals people on YT.
Empire you know that gold and silver prices are manipulated. All dealers say gold and silver are surging because they want customers to buy and they want to mske money off you. Gold and silver spot prices are down. I would have more faith putting money in thr bank because I get compound interest, gold and silver are not giving me anything. One day its up then the next day its down. Most often its down. At least if I put the money in the bank I know im getting compound interest. My gold and silver are just lying there and i may be waiting forever for both to rise appreciably.
You make some good points. But the dollar will eventually collapse. It’s only claim to credibility right now is it is more powerful than gold and silver. You can see proof of this daily as gold gets smashed down and the dollar rises.
I was explaining to someone today why I would want American Silver Eagles crossing any boarder that had a $10,000 limit on cash, they have to honor the U.S. Minted Value of $1.00 and should allow someone to bring $10,000 in Silver Eagles across, once across find the local coin or bullion dealer and sell at market value and exchange to U.S.Dollars = Trojan Horse = How many Dollars was hiding in Long Rangers Horse named Silver
That's a very dangerous idea. How much international traveling have you done? Many TSA officials are just as dirty and crooked as those working customs.
I'm a silver bullion owner and I'm? A. Huge fan? Of silver and I believe in it but isn't it ironic that we listen to silver dealers? Tell. Us how incredibly smart? It is to buy silver. It's like a guy who sells cars for a living telling you. You really really need to get your car now. Prices are gonna skyrocket in the future et cetera
All I am going to say is that "this is the way" and I have been stacking just under two years now, and I have stopped spending money in several other areas and been dedicating my money into PM. And I honestly would not have ever imagined that I would own what I currently own. I want to be my own bank and own my own wealth rather than letting someone else hold it and loose it. From this point on I will always dedicate a portion of my income to PM, I am hooked and to be perfectly honest......stacking videos started showing up in my UA-cam feed during COVID, during COVID we were making SO much money in OT from work, and the extra money I made mainly went to PM, one of the best things that could have happened.
I'm a collector of things. One thing I learned through the years is collecting anything is all the same. With super rare , amount produced , condition, value, variations, ect. Whether it be coins, toys, cards, stamps, art so on and so on. Collect or stack what makes you happy. If you're looking for a quick buck idk , casino maybe? But I wouldn't recommend.
The best thing about stacking or collecting is that besides the practical aspect it can be fun and enjoyable. If you don’t t have a passion or appreciation about precious metals don’t even get into it. There are better ways to “ invest” if that is what you are after.
Considering the recent developments involving SUB, Signature Bank, and First Republic Bank, reminiscent of the 2008 market crash, is it prudent to continue saving in the United States dollar? Alternatively, would it be wise to contemplate investing in gold amidst these circumstances
It's always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I'd say it is better to reach out to an advisor for guidance.
Are those dansco type set books in the back round I see? Might need to stop in
U.S. Debt is $32T. Actual Debt with unfunded Liabilities is over $100T. That means every Man , Woman and Child would need to pay $1M to settle that $100T of Debt. The USD will ultimately be scrapped , replaced and a major devaluation will occur in the future.
Maybe a howitzer on the roof would be wiser. States can build & fill Ft. Knox"s like Texas and issue true Constitutional redeemable gold/silver claim checks. ♥️🐥⛱️
Stocks can be liquidated and in your hands in 5 days
Stick with Carson City Gold Coins.
Back to the question you had regarding the beard. Unless you're looking to eventually put beads in there, trim that underlip a little bit at 2:19
Lol never! I’m gonna braid it.
Great video stormy thanks for the info have a great week
With 20-25% premiums or more, it seems gold and silver actually does not hold its value.
It's not that gold/silver have appreciated in value as much as it is the dollar depreciating
I too hold and buy PM as a store of wealth (be your own bank). But, there is a lot of SHTF discussion and talk about the $ collapsing. I often thought that if this happened, would there be a shift to another currency such as a gold backed Russian or Chinese currency that would replace the $ for the most part, or even the Euro or Pound? My PM might be the only universal fully transferable and accessible savings account available right now. 😮
People say it’s the worst investment bc they are not buying for a long term hold! Collecting gold I see it as “set it and forget it” which is good/ easier for beginners trying to “preserve wealth”
Mid 30s to mid 50s. The bread basket.
He summed it up perfectly about Dave Ramsey. PM are not an investment that’s going to bring you a profit to buy your next house . It’s all about wealth preservation . Some use it as an emergency fund.
In Germany 4 gold coins would have purchased you a house during their inflation..... Know history before just willy nilly repeating all the talking heads there. Most people just repeat things they hear people say, Gold and silver is real money and its value can only be calculated when slime isnt owning the trade- value .... Comex slime.
1. If JP Morgan is selling it's silver hoard off ..............what are they moving that liquidity into? Gewnuine question not many have discussed....I love your channel because you don't keep asking the same newbie questions...keep doing new stuff!
2. Won't ALL TRADE outside of the banking system lean more towards something that can't be tracked - the reason people used crypto asset was because they didn't want their funds tracked therefore - it'd seem that fences would spring up that knew both parties and be looking for metals and be paying a premium over the next 20 years sometime.............Isn't that what BRICS is all about is trade around the SWIFT system in a way? ;)
I first bought Ag in '08 for $11 an ounce
and have never worried about it or any subsequent silver purchase for a second.
It's real. I can hold it in my hand. It's not ones and zeros on a hard disk "somewhere."
Exactly.
That's because Gold & Silver aren't investments. I wish people would stop using the word investment and Gold & Silver in the same sentences. Gold & Silver are money by nature. They are the very standard of what money is. The only difference is that they function like money in sound money environments, but they function more like insurance in unsound money environments. Whatever the case, they are money, and they are long-term holds. They are NOT investments. You can make them into investments by purchasing jewelry, art pieces, or collectibles/numismatics, but Gold & Silver in themselves are merely money. Money has a nature or essence, and Gold & Silver fit that nature or essence perfectly. There's really no getting around that. Just like the laws of logic or the laws of physics, the nature of money was discovered rather than invented. This is why all of human civilization gravitated toward these metals over time, and they didn't relinquish them or get away from using them as money until a moneyed elite decided that they wanted to accrue all power to themselves and live as Lords over the people. They've been trying to accomplish that for the last 120+ years, and they have almost achieved their goal at this point. If we ever let ourselves be enslaved and entrapped by a CBDC of any sort, they will have achieved their goal, and only global mass revolution would change that.
I'm just glad that I did a bit of stacking before my life went to sh**. Now how does JP Morgan Chase keep the prices of gold and silver artificially low (WAY low)? I know about the shorting, so it is not that I don't understand how exactly they do it; I guess my question is why are they allowed to get away with it by only paying an occasional "fine"?
I went to my LCS today as well, picked up 3 Franklin Halves, and 12 1964 JFK halves.
A trip to California for some gold prospecting after all of these floods would be an AMAZING thing for me! I would love the chance!
You need two ferns to be between. :P
One can prove the Dave Ramsey types mistaken by charting the S&P priced in gold rather than dollars.
Use these ratio charts on most anything.
How many ounces for an acre of land, a barrel of oil.
Gold / silver ratio
“Only gold and silver shall be used as money.” Where have I seen that statement before?
😂what an ending! 👏
I want price to explode but it NEVER HAPPENES.
Thats why they call it the poor mans gold
Past PMs runs have shown that gold leads the way, silver passes gold and always win’s with the highest % gain.
If it does explode it won`t be for a good reason.
It’ll be interesting to see what happens to the price of Precious Metals when the market opens this week, post the ceiling Bill passing.
Great video and information as always! 👍👍
You get a sub for the it’s always sunny intro music alone 😂
I got a copyright claim against the video because of it. What sucks is it’s performing very well. Oh well, I’ll gain some new subs from it. You’re an example, so thank you!
I truly believe have GOLD & SILVER, IS MY INVESTMENT FOR ME LATER ON . BUY IT LOW , SELL HIGH ONLY IF YOU NEED TO = PROFIT MADE .
Yeah... This is a good time to be a precious metals dealer. They're making huge amount of dollars selling metal to panicked customers who want to have metal instead of dollars.
@@bushman1492 If you think about overall population, you're right - they haven't panicked and I don't think so they will, but if we're talking about pm buyers, this community has been in panic mode for over a month already. People watch scary youtube videos, and this allows pm dealers to make very serious money.
Not seeing gold and silver go up with this latest demand u are claiming….actually gold and silver are dropping. Silver can’t even hold $24 and gold can’t hold $2k. The dollar is stronger than u give it credit for. Not even war, bank collapses, unemployment, massive inflation, economic uncertainty, none of these things have caused gold and silver to go up significantly. Laughable at this point.
Massive inflation we haven’t seen yet and so far a few banks have gone south. High PMs prices are a indicator of a dying currency/economy.
Perhaps manipulation has something to do with it!
I like the new interview format. Seeing Stormy in the frame adds a lot IMO. It's more of a two-sided dialogue/conversation. Please keep doing it.
I will! Thank you!
I have to admit. He has a little Mafioso look. 😂 Great guy! Would love to go to his shop. He’s honest and wouldn’t cheat any of his customers
I loved this interview 😁
Awesome! Glad you liked it!
🎉
First...
Nice one! I like the format, keep up the great videos!
Thank you!
Excellent reality content, brilliant conversation!!! Please keep up the fantastic work!!
THE FACIAL HAIR FORUM WITH S&S.... SUBSCRIBE 😂👍🙏🍻
Lol
Mid 35s to about 50 is generally a men's prime. So, it makes sense why Investers, and silver and gold stackers in general are around that age range.
Oh I’m 59. Don’t say that! 😂😂
@@go4it129 lol!
What, how did you come up with that range?
Stormy, Awesome video. But be careful. It seems like Steve wants to scalp you and make a toupee for himself. WELL?? You do have good hair. LOL.
Dame Ramey is an idiot. If I did what he wanted me to, i would loose my shirt, Trust me happened every time. Better in metals and protect what I got.
Excellent episode 👍👌
Uganda has Just found 12 Trillion Dollars in Gold on a 300 km strip of land that say belongs to Sudan & not Uganda. And America said it would help secure? But the Ugandan government has licensed Wagagai gold mining company, a Chinese firm to start producing gold products in Busia district.
Virtually positive this old story is fake news, if it was even close to true the price of gold would’ve cratered since so much more would eventually flood the market.
Either their prime minister misspoke or he’s a grifter, because they do not have 12 trillion dollars in gold there
Fake news, like all the gold they're gonna mine from "astroids" 😅😅
Left it on a cliffhanger aye.
Maybe The Coin Pewp Shewt ala View Askew, Kevin Smith being you live up there
"are your customers dummies?"
End of transmission 😂
Lol
Ohhh. First
this is cool. 10/10
Thank you!
Bullets are currency.
A lot of other things too.
👍👍😁👍👍
Get the moustache a couch 😁
Live here in the Pacific Northwest and we did have a lot of rain over the winter. There's several places here in Del Norte where Gold can be found. Something fun to do and take visitors out to try. Go to the river, pan for gold, go for a swim or kayak down.
VT247
Try where Monkey creek meets the Smith. It's pretty good for flour gold and an occasional picker.
Stormy - writing as a photographer: in the ambient light of the coin store, you actually show a very good profile, at least from the side we saw. I think in a 3/4 view from the sames angle, you could make a great portrait, and I think the haircut and beard look right on you. Keep up the good work, you're in my 6 go-to metals people on YT.
You made my day. I’m posting this comment on my Instagram!
Finally another moustache video!
Haha
The cliff hanger…. 🙂
Hey teach looks like them kids putting some Grey hair on you. But you still got some hair. Have a good vacation
Haha thanks amigo!
Empire you know that gold and silver prices are manipulated. All dealers say gold and silver are surging because they want customers to buy and they want to mske money off you. Gold and silver spot prices are down. I would have more faith putting money in thr bank because I get compound interest, gold and silver are not giving me anything. One day its up then the next day its down. Most often its down. At least if I put the money in the bank I know im getting compound interest. My gold and silver are just lying there and i may be waiting forever for both to rise appreciably.
If you really believe that then sell it all and put it in your bank. Try not to get upset though when your bank fails.
You make some good points. But the dollar will eventually collapse. It’s only claim to credibility right now is it is more powerful than gold and silver. You can see proof of this daily as gold gets smashed down and the dollar rises.
I was explaining to someone today why I would want American Silver Eagles crossing any boarder that had a $10,000 limit on cash, they have to honor the U.S. Minted Value of $1.00 and should allow someone to bring $10,000 in Silver Eagles across, once across find the local coin or bullion dealer and sell at market value and exchange to U.S.Dollars = Trojan Horse = How many Dollars was hiding in Long Rangers Horse named Silver
That is an amazing idea.Thank you for the knowledge
That's a very dangerous idea. How much international traveling have you done? Many TSA officials are just as dirty and crooked as those working customs.
Please stop giving a hoot about what Dave Ramsey says, the guy is nothing more than a bologna salad!
I don’t give a “hoot” what Dave Ramsey says. I only talk about him because if you look at my channels most popular videos, people like to hate the guy
I guess people's attention span is short with having a part two, but I personally would have watched the whole thing 🤔
I love you keeping changing things up and trying new things, keep it up.
Thank you!
Very simple really , get your hands on real money. If it’s not in your hand it ain’t yours 🌞
I'm a silver bullion owner and I'm? A. Huge fan? Of silver and I believe in it but isn't it ironic that we listen to silver dealers? Tell. Us how incredibly smart? It is to buy silver. It's like a guy who sells cars for a living telling you. You really really need to get your car now. Prices are gonna skyrocket in the future et cetera
You make a good point. Lol