ALERT! You Won't Believe Who Just Bought ALL The 2024 Silver Eagles!

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  • Опубліковано 4 жов 2024
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КОМЕНТАРІ • 679

  • @ClockFixer
    @ClockFixer 5 місяців тому +191

    If everyone is buying all this Silver, why hasn’t Silver gone UP??

    • @moeluv
      @moeluv 5 місяців тому +33

      Shorts

    • @rudypoo4370
      @rudypoo4370 5 місяців тому +81

      Because the price of Silver is not based on supply & demand as it SHOULD be!

    • @bryantucker1266
      @bryantucker1266 5 місяців тому +61

      Silver price seems to be as phony as the currency.

    • @davidstelle8953
      @davidstelle8953 5 місяців тому +61

      JP Morgan, BOA, Citi and Wells Fargo rig the price

    • @chadwolfeschledgelsteinhau9697
      @chadwolfeschledgelsteinhau9697 5 місяців тому +30

      With the printing press of the dollar i can manipulate any commodity

  • @Hoosierdaddyjones812
    @Hoosierdaddyjones812 5 місяців тому +45

    Kinda crazy the banks hit small shops with account closures, then Costco starts buying up all the inventory of silver from mints. Almost like they want to shut down small shops and with Costco they will know every purchase and where it goes.

    • @johnbladykas4885
      @johnbladykas4885 5 місяців тому +1

      Costa knows if they get programmed money , sales will plummet. If you buy and Costco holds and able the market to have its own Costco card accounts holder.
      Being able to sell

  • @mojoknows66
    @mojoknows66 5 місяців тому +50

    What should be happening is the US Treasury should be producing silver backed United States Notes for cost with no interest attached and replacing the criminal Federal Reserve notes.

    • @77loneranger
      @77loneranger 5 місяців тому

      Unlike the 2 billion ounce plus stockpile of the 1950s, the government has ZERO silver to back notes.

    • @gregfridholm2136
      @gregfridholm2136 5 місяців тому +3

      Those would be called Bills, not Notes. A Note is a debt instrument.

    • @george0r510
      @george0r510 4 місяці тому

      AMEN to your posting @mojoknow66. However, It will never happen, even though it is an obvious GOOD THING for the government and the citizens. Do you know why? I have a reason based on how our government has progressed in the last 70 years since NIXON removed Gold from our currency. We are a debt-based nation, with credit as our major product. This is so, not because DEBT is very bad, and it is so because the POWER manipulated our economy, into massive Hedgemoney, designed to let the top few have vast profits discreetly earned from the middle of the leaf of profit, all profit, every industry, in specific practices. A PLAN TO HEDGE, AND use derivatives IN EVERYTHING, IN THE FINANCAL AND BUSINESS SYSTEMS... Our nation is not the manufacturing powerhouse it was before NIXON, it is a shell that progressed to be that shell by POWERFUL people. THE POWER BROKERS MAKE A LIVING ON OUR MIDDLE CORE, DISCREETLY LIKE A LEAF MINER IN AN AG CROPS LEAF. THE FARMER OFTENTIMES DOES NOT KNOW THE PARISITE OF A LEAF MINER IN HIS FIELDS UNTIL THE CROP IS DEAD. U S A ECONOMIC VIABILITY, CURRENCY, BUDGET, AND FREE TRADE, (OFFSHORE PRODUCTION) ARE ALL TRAITS THAT ENABLE SUCH FAKE EARNINGS TO ENRICH THE UNSEEN, AND WOLVES THAT FEED ON US ALL. THE PEOPLE KNOW OF IT NOW, BUT IT IS LOOKING LIKE IT IS TOO LATE ESPECIALLY IF CBDC TAKES THE, U S CONSTITUTION INTO THE TOILET. IT ALL IS SO OBVIOUS WITH FEDERAL BUDGETS NOT BEING BALANCED, AND SPENDING IS LIKE NO OTHER TIME EXCEPT IN A BS ECONOMY TO LITERALLY BANKRUPT OUR NATION, THAT IS PROCEEDING UNABATED??? WORLD WAR II, DEMANDED WE SPEND LIKE WE SEE NOW, BUT HEGEMONEY TO PROFIT FOR THE FEW IS THE REASON FOR THE SPENDING NOW. IT IS THE LAST BREATH AS THOUGH A GREAT STRONG TIGER OR LION IS KILLING WITH SMOTHERING THE USA WITH THE MOUTH OF HEGEMONEY PLACING A RESTRICTION FOR THE USA TO GAIN BREATH FROM FREE MARKETS, WE NOW EXIST WITH MMT AND HEGEMONEY AND PRINTING PRESSES. WE ARE CRIPPLED TOTALLY. WE CALL LAW BREAKERS MIGRANTS, NOT ILLEGALS, LITTLE BOYS BECOME LITTLE GIRLS, AND WORSE, ABORTION FOR 55 YEARS ELIMINATED 64,700,000 PEOPLE FROM BEING BIRTHED IN THE USA, AND NOW WE TALK OF LABOR SHORTAGES????
      IT APPEARS TO BE A LONG-TERM PLAN BUT IS SO DESCREET IT IS SCAREY.
      THE COLLAPSE IS NEAR. THE CONSTITUTION WILL BE USHERED OUT OFFICIALLY WITH CBDC, AND OUR STATES WILL TRY TO COUNTER SUCH, AS THE FEDERAL GOVERNMENT IS THE ENEMY NOT THE BEAUTY IT ONCE WAS.
      THERE IS MORE TO THIS BUT I THINK YOU GET THE IDEA. WHAT IS GOOD, IS POOR, AND WHAT IS POOR IS GOOD, MANY PEOPLE SEE THIS, AS A MAJOR CAUSE, AND I THINK THEY SEE IT ALMOST TOO LATE. ONE COULD CALL THIS GREED, A FINANCIAL AND ECONOMIC WAR, OR A SOCIAL ATTACK ON OUR SOCIETY TO INSTIGATE MASSIVE CHANGE, AWAY FROM THE NEEDS OF OUR PEOPLE, TO A NEFARIOUS METHOD OF MASSIVE CHANGE THAT IS UNPROVEN TO WORK, IT IS AN EXPERIMENT, NOW....THE REMOVAL OF GOLD-BACKED CURRENCY IS THE EXPERIMENT THAT IS PROVEN NOT, TO WORK.....FAILED GROSSLY NOT HURT
      ING THE FEW AT THE TOP, PROMOTING THIS CHANGE, TO USE THE EXPERIMENT, AS THEY SEVERELY HURT OUR CITIZENS.

    • @mojavegold-
      @mojavegold- 4 місяці тому +5

      I would call those "Silver Certificates". Unfortunately, that ship sailed away in 1965.

    • @busterbiloxi3833
      @busterbiloxi3833 4 місяці тому

      You are a criminal and belong in Leavenworth.

  • @SmithsnMoz
    @SmithsnMoz 5 місяців тому +68

    COSTCO knows that people will come to buy precious metals and while they're in the store, they will also buy food and supplies....ITS ABSOLUTELY GENIUS!! 😅😅😅 $$$$$$

    • @Tj75822
      @Tj75822 5 місяців тому +7

      Too bad they don’t sell them in the stores.

    • @edb3877
      @edb3877 5 місяців тому

      @@Tj75822 Maybe they can sell at lower prices via the net? That would keep all sales at the net level and distribution center.

    • @mountainghoti1671
      @mountainghoti1671 5 місяців тому

      ​@@Tj75822
      Some do. But it runs out same day.

    • @vincentyeo88
      @vincentyeo88 5 місяців тому +8

      Grocery stores may want to double as pawn shops. 🙃🤣

    • @abraham3981
      @abraham3981 5 місяців тому

      @@Tj75822 Yes they do (physical silver), I was at a Costco store yesterday and the Entrance greeter who checks for memberships showed me a sign with a 10 oz Royal Canadian mint bar and asked if I was interested, the sign stated "Limit 5" at 290 per bar. I asked if they had them physically there and they said yes but I declined the offer.

  • @JohnD-JohnD
    @JohnD-JohnD 5 місяців тому +12

    If Costco can get more people buying metals.. I see that as a good thing.
    Might also be good for the LCS's out there, since I don't think Costco will buy them back. This might help drive traffic to LCS's as well.

  • @bobsacamano7653
    @bobsacamano7653 5 місяців тому +17

    I was buying a few silver eagles back when they were only $1.50 above spot and spot was $18. I wish I bought a lot more then.

    • @shelloiluk
      @shelloiluk 5 місяців тому +2

      Still lots of gains to be made gold/ silver ratio is upside down due to silver price fixing.

    • @alan30189
      @alan30189 5 місяців тому

      Same here, when silver spot was $14

    • @darrylfurlong3181
      @darrylfurlong3181 4 місяці тому

      You all are late to the party I got eagles for as little as $1.75 $2.00 dollars new from my coin dealer back in 87 88 89

  • @Mr1MOA
    @Mr1MOA 5 місяців тому +13

    I bought a tube of ASEs from Costco a couple weeks ago, for what they were asking it was a good deal @ $659.99, it was certainly cheaper than APMEX for a tube.

  • @13MAM13
    @13MAM13 5 місяців тому +15

    The price manipulation with silver is on a whole other level. Maybe oil is worse, but IDK. I guess we just take advantage and keep buying

    • @Dr.Weed8
      @Dr.Weed8 22 дні тому

      Silver isn’t being manipulated. Gold is just in a bubble. Silver doesn’t have to catch up. Everyone just sell immediately at any silver pop.

  • @JamesJohnson-sl3ui
    @JamesJohnson-sl3ui 5 місяців тому +16

    Since Costco is not an authorized purchaser to the US Mint which company are they working through. and why is that one company allowed to take all the inventory won't the other authorised buyers complain

    • @Tucsondawn
      @Tucsondawn 5 місяців тому +3

      Complain to who? The mint is supposed to make as much silver as Americans want. Problem is vintress Gibson hasn't made an eagle for almost two months.

    • @leftseat6491
      @leftseat6491 5 місяців тому +2

      APMEX it seems

    • @losinglouie
      @losinglouie 5 місяців тому

      @@leftseat6491 Might be the way Apmex unoads excess inventory they can't sell for double premium

    • @SalivateMetal
      @SalivateMetal  5 місяців тому

      Multiple APs. Mentioned in the video

    • @Kens2694u
      @Kens2694u 5 місяців тому

      @@Tucsondawn and why do you think that is?( I'm sure I'm being manipulated, I just don't know for sure who it is...and it's all fun and games till the power goes out... 😐

  • @signup-ii6me
    @signup-ii6me 5 місяців тому +6

    the popularity of stacking is growing...

  • @paulorchard7960
    @paulorchard7960 5 місяців тому +22

    Here in Australia our kangaroos have been selling out every few weeks! Miles of demand, the mint cannot keep up!😅

    • @soultribe291
      @soultribe291 5 місяців тому +2

      I don’t have any kangaroos. I think I’d like a couple from my lcs for variety

    • @sunson1491
      @sunson1491 5 місяців тому +5

      Used to be a nice coin. Before Charles disgraced it

    • @cb750k1974
      @cb750k1974 5 місяців тому +4

      The Kangaroo is four 9's compared to the Silver Eagle that is three 9's.......In my opinion, it's a better coin.

    • @Evom777
      @Evom777 5 місяців тому +2

      They're a good sovereign stacker. My only gripe is that they're prone to milk spot, but it's nowhere near the levels of spotting that the Royal Mint's products are known for.......those Brittanias come standard with spotting.
      In 4 days the Koalas get released to authorized dealers. I'm looking forward to them and curious how their sales will be for 2024?

    • @BDK86
      @BDK86 5 місяців тому

      Mint is doing fine

  • @jasonprice34
    @jasonprice34 5 місяців тому +6

    I have a complete diversification of Silver, but Eagles account for the largest percentage of my stack. I feel like the premium is justified because you'll get more for them when its time to sell. I also realy like the fact that they're dated and I feel like that will be beneficial to the price if I'm still in possession of them in 30-40 years.

    • @UNoBugMe1
      @UNoBugMe1 5 місяців тому +1

      Keep in mind that each one of the Eagles have a “ONE DOLLAR” struck on them. Hmmmm.

  • @DavidG-qe7yn
    @DavidG-qe7yn 5 місяців тому +7

    Thanks Sal...that's how it works...buy large quantities at lower price, then sell smaller units at a markup...SLURP on Bro 😊

  • @silversupplement
    @silversupplement 5 місяців тому +9

    With Costco selling precious metals it helps bring silver and gold bullion mainstream. Obviously there are people willing to pay $8 over for them at APMEX so Costco should do well.

  • @William-Bill-Munny
    @William-Bill-Munny 5 місяців тому +36

    And I figured the Big Guy was going to get his 10% cut after China backed up a container ship to the loading dock.

    • @MooseBme
      @MooseBme 5 місяців тому +1

      ... India.

    • @markhanretta9570
      @markhanretta9570 5 місяців тому

      I don't doubt it, his fingers are in everything even if he has no clue what the heck is going on.

  • @cj5824
    @cj5824 5 місяців тому +4

    Soon, they will have Kirkland silver round

  • @jmcguire3172
    @jmcguire3172 5 місяців тому +10

    I can't believe Platinum and Palladium are the same price right now...as i type....insanity. 🤘

    • @1212charleshohnstein
      @1212charleshohnstein 4 місяці тому

      I believe Putin has been dumping platinum and palladium under the table.

  • @AnxiousStacker
    @AnxiousStacker 5 місяців тому +34

    It was actually me, sorry guys my 1 tube drained the comex so "theres a shortage" 😂

  • @losinglouie
    @losinglouie 5 місяців тому +10

    It's not that hard to beat Costco's price. Several of us were getting better deals this morning.

  • @noicue8078
    @noicue8078 5 місяців тому +64

    I think Mike from HSN is going to buy them all and sell them for three times the amount. And tell us it’s a bargain of a lifetime. 👍

    • @Tim99-lg7kn
      @Tim99-lg7kn 5 місяців тому +4

      In that particular case what's the difference between him and every other coin dealer? Ase are over priced and sales are down since 2022 they're not worth the premium

    • @noicue8078
      @noicue8078 5 місяців тому +6

      @@Tim99-lg7kn there are no coin dealers or even pawnshops selling at the high rate that he does.

    • @SmithsnMoz
      @SmithsnMoz 5 місяців тому

      HSN has no one with a Godly SOUL working there! STRAIGHT UP CROOKS!! 😮

    • @FloydThePink
      @FloydThePink 5 місяців тому +2

      LIES! He will sell them for at least 5 times what they are worth.

    • @Evom777
      @Evom777 5 місяців тому +2

      @Tim99-lg7kn......because most dealers like myself despise the black eye that hustlers like him give the rest of us with his ridiculous prices. If I tried selling ANACS MS70 ASEs for $80 like him, I'd be laughed out of town.
      We all have to make a profit, and some of us have more overhead than others, but hustlers like him are the bain of the numismatic/bullion community.

  • @phillipcrook8336
    @phillipcrook8336 5 місяців тому +7

    Sounds like Costco is trying to corner the market. What a great way to make sure the government knows how much silver you bought.

  • @dukecleve4008
    @dukecleve4008 5 місяців тому +11

    Bought a Tube this week and A once of Gold🥳

    • @tonykuli
      @tonykuli 5 місяців тому

      Address please

  • @robertlivingston5175
    @robertlivingston5175 5 місяців тому +4

    As of 5/2/24, Silver Maples in stock for $29.60 each, tunes of 25.

  • @michaelrodriguez3329
    @michaelrodriguez3329 5 місяців тому +36

    I buy Silver Buffalo, generic rounds. That's it.

    • @daviddavey1727
      @daviddavey1727 5 місяців тому +2

      Generics for me as well, unless it’s gold

    • @DoubleDJ86
      @DoubleDJ86 5 місяців тому +1

      Right

    • @jthrash9081
      @jthrash9081 5 місяців тому +2

      If you're going for weight. Get a 100 oz bar of 9999

    • @davidf3883
      @davidf3883 5 місяців тому +2

      Like my LCS always says when I ask him whether people should buy ASE or rounds.."silver is silver". I buy both. When the price is high I buy rounds, when low I buy ASE. That's just me a rookie stacker at 64.

    • @michaelrodriguez3329
      @michaelrodriguez3329 5 місяців тому +1

      @@jthrash9081 I would probably have to look like Mike Tyson . To pick those up 😂😂

  • @Ret-CAF76-94
    @Ret-CAF76-94 5 місяців тому +3

    Canadian Costco sells 1 oz .999 silver Maple leafs and gold bars. All minted in Canada. I have seen it myself!

  • @R3LI2UI
    @R3LI2UI 5 місяців тому +4

    You eluded to the most interesting portion of this: value over time. Artificial scarcity will [most likely] temporarily drive up demand in market and thus prices. Will their value return to a more normal point or below after market reaches typical saturation levels? One more layer of complexity in precious metals market to contend with.

    • @winstonsmiths2449
      @winstonsmiths2449 5 місяців тому

      You leave out what is the most critical aspects of metals: What will the world look like after the reset? Will the dollar be viable? Is the world and society return to "normal" after the coming troubles?

    • @R3LI2UI
      @R3LI2UI 5 місяців тому

      @@winstonsmiths2449 The dollar [or its replacement] will remain viable so long as we [global we] continue to believe in it; the same way we believe precious metals have value. As to 'normal', society continues to change/evolve just as it has for thousands of years before us. To expect a return to some past time/perceived greatness is akin to returning to your youth...unrealistic.

    • @SweetLeavesXbox1
      @SweetLeavesXbox1 5 місяців тому

      ​@winstonsmiths2449 If the dollar value hits 0. No laws would be upheld since there is no currency to be made at work, so no1 would be at work. That would create a "Purge" like situation.
      When things calm down and somewhat civilized. America would have the highest chance of another civil war due to multiple different rases wanting to control America. Americans already has hatred towards the white skin man due to being dominant over the most valuable business and inventions.
      My crazy theory that may happen 😀

  • @skrimador1320
    @skrimador1320 5 місяців тому +14

    I’ve been buying like crazy also.

  • @keefers1971
    @keefers1971 5 місяців тому +3

    I was hoping you were going to say Costco. I believe they've been trying to be more into the prepper market with gold, silver, and long term food storage. Im hoping for a chance to flip some Costco ASEs for a profit (for more metals) if that's the only place to get them.

  • @ACatal-dx3hv
    @ACatal-dx3hv 5 місяців тому +2

    This is very interesting because, I have silver eagles from 1986 to 2023 now! Also other silvers too.

  • @ClockFixer
    @ClockFixer 5 місяців тому +37

    It’s the Ghosts of the Hunt brothers! Lol

    • @kenpeters9807
      @kenpeters9807 5 місяців тому

      I wish it was; silver would be $50

    • @kenpeters9807
      @kenpeters9807 5 місяців тому

      Or in countries that hate the USA (over half the countries)

  • @krauthead4
    @krauthead4 5 місяців тому +2

    I'm guessing this will increase awareness of stacking silver, more people will start buying, and prices could rise to meet demand.

  • @SouthernFryd
    @SouthernFryd 4 місяці тому +1

    You have to ask this question....will they BUY BACK your silver?
    If they put our small local dealers out of business...who will buy the silver when you need to sell?

  • @bill4572
    @bill4572 5 місяців тому +2

    This is going to be interesting I know from going to my LCS and from experience if the spot price drops there are going to be giving them away I think either way they could be stuck holding them even if the markets go up its a risky move on their part

  • @robertkemp1976
    @robertkemp1976 5 місяців тому +4

    The big wholesaler's cornering the market while cash is still in play and the Silver price is kept smacked down with paper contracts.

    • @Evom777
      @Evom777 5 місяців тому

      Kudos to those with the capital to take advantage of the price suppression. I'm surprised the East didn't do it a decade ago.

    • @chainchunker6177
      @chainchunker6177 4 місяці тому

      You are correct

  • @leewang6686
    @leewang6686 5 місяців тому +8

    Coins at Costco only available online. Bars are in store.

    • @stevestevens502
      @stevestevens502 5 місяців тому +2

      not in canada, its all online

    • @keefers1971
      @keefers1971 5 місяців тому

      So far. Things are always subject to change.

  • @leewang6686
    @leewang6686 5 місяців тому +13

    Picked up more silver maples from them

  • @TomokosEnterprize
    @TomokosEnterprize 5 місяців тому +1

    WOW, This cements my holding pat on silver. Shot/grain is becoming hard to find lately. No shot, no pouring unless I make my own from 10 ozt bars like I have before. I realy don't care for Costco as a supplyer but money talks eh.

  • @charlesvandenburgh7754
    @charlesvandenburgh7754 5 місяців тому +4

    Just purchased a tube of Silver Eagles at JM Bullion.

  • @kravenfoxbodies2479
    @kravenfoxbodies2479 5 місяців тому +2

    I picked up my 2024 ( early release ) in PCGS MS 69 for $39 shipped for my slabs.

  • @coretmanus4688
    @coretmanus4688 5 місяців тому +40

    That must be why the spot dropped….again and again and again and again.

    • @noctilucent7396
      @noctilucent7396 5 місяців тому +3

      Silver is the sisyphus boulder

    • @matthewbyrns-sp8lb
      @matthewbyrns-sp8lb 5 місяців тому +2

      More like the The CRIMEX Fricken pile of Ship!

    • @nickashton3584
      @nickashton3584 5 місяців тому +1

      silver futures shorts slv fund causes price drop

  • @JFEnterprize
    @JFEnterprize 5 місяців тому +10

    I’m sure buying entire pallets of the stuff they’re getting a great deal on there end. So $3 above spot they’ll still kill it. in the movie idiocracy Costco was the largest store left for everyone to shop at for everything. With the news of Starbucks not doing well I guess they’ll serve the same “lattes” in that movie too

  • @grumpynomad3551
    @grumpynomad3551 4 місяці тому +1

    I inherited a monster box of eagles a year ago. I use it as a door stop.

  • @StackerDaddyO
    @StackerDaddyO 5 місяців тому +4

    Saw the tubes on their site earlier this week at $659.99 per tube.

  • @robb8331
    @robb8331 5 місяців тому +8

    maybe a chance to arbitrage with local lcs & get gold with these premiums incoming

  • @PoorMansInvesting
    @PoorMansInvesting 5 місяців тому +10

    Nobody was ordering them, so thankfully somebody picked them up

    • @keefers1971
      @keefers1971 5 місяців тому +1

      They usually sell out in a few hours. People are buying them.

    • @PoorMansInvesting
      @PoorMansInvesting 5 місяців тому

      @@keefers1971 I'll take US mint news from @SonofaSilverStacker over any other UA-camr.

    • @PoorMansInvesting
      @PoorMansInvesting 5 місяців тому

      @@keefers1971 premiums are starting to tick up but retail has been selling in 2024. Son of a Silver Stacker talks about it, coin news reported on it and SchiffGold wrote an article on it.

    • @PoorMansInvesting
      @PoorMansInvesting 5 місяців тому

      @@keefers1971 it's been reported on the slow sales at the mint this year. I tried quoting several sources but my comments get deleted

  • @garrycroft4215
    @garrycroft4215 5 місяців тому +2

    I think that the Mint is only making a small amount per month which is nowhere near enough for worldwide demand. 1,700,000 per month I think?

  • @Tim99-lg7kn
    @Tim99-lg7kn 5 місяців тому +2

    If silver is REAl money...how come i have to convert it into cash ,cant pay bill etc with pm .... i could say live stock and other goods are cash too ? They all need to be converted into Cash which is real money is real money

    • @beckyhild4774
      @beckyhild4774 5 місяців тому

      Probably because prices fluctuate every day

  • @joeyboedeker2047
    @joeyboedeker2047 5 місяців тому +5

    2 things.
    Wallyworld and Costco are slowly going to get rid of smaller dealers (which won't happen)
    It's a good way to see who has hard assets

    • @busterscruggs3031
      @busterscruggs3031 5 місяців тому

      I've decided ill never buy any PMs from costco. You get way better deals from the neighborhood coin shop, dont need to support Costco

  • @bigeazy708
    @bigeazy708 5 місяців тому +3

    Physical and paper markets are different until you go to sell unless it’s collectible lol

  • @tko1417
    @tko1417 5 місяців тому +2

    We love your information on Silver / Gold!

    • @tko1417
      @tko1417 5 місяців тому

      Not to many Costcos near me. We have BJS I don’t know if they sell silver and gold bullion,! If not I BJS takes note!

  • @calvincooper1122
    @calvincooper1122 5 місяців тому +2

    Good morning Sal I'm only purchasing fractional Gold 🥇 this year.

  • @darylkitchen422
    @darylkitchen422 5 місяців тому +4

    I just ordered a random year tube of ASE from Walmart

  • @christinanapolitano6837
    @christinanapolitano6837 5 місяців тому +4

    You made me buy a tube of 2024 silver eagles

  • @silverprayingmantis
    @silverprayingmantis 5 місяців тому +3

    I wonder if it was Costco when video started. Makes sense to me I've been buying the heck out of ASE's and Maple's from Costco.

  • @JohnDoe-uz7mq
    @JohnDoe-uz7mq 5 місяців тому +5

    Silver Maples all the way!

  • @edkeefe4914
    @edkeefe4914 5 місяців тому +8

    Supply and demand in play here. Costco will be able to set their price, and condition retail buyers to expect/seek out their next purchase from them.
    That said, we all know spot price is controlled, and “premium” is utilized instead to ensure short term profits are retained by the retail sellers, relegating buyers to long term profits only.

  • @andrewmacomber1638
    @andrewmacomber1638 5 місяців тому +2

    1980s Hunt brother corners the silver market and now Costco corners the 2024 silver eagle market! Happily I already have my tube!✌🏻❤️🇺🇸🥇🥈🙏🏻🌎

  • @stuartstuart866
    @stuartstuart866 5 місяців тому +3

    We looked into purchasing one ounce gold maples from Costco and they offer an excellent deal ….. until you check out, then they add tax and that makes it more expensive than buying on-line from the normal sources. We live in Nevada and have never paid taxes for gold coins until now. We even contacted Costco, as you can appeal and get your tax refunded, but this doesn’t apply for Nevada purchases. There are only a handful of states that Costco won’t charge taxes for on-line gold or silver coin purchases.

    • @davidf3883
      @davidf3883 5 місяців тому

      costco is begging for a class action lawsuit because of this. They are charging taxes on PM when they add it in with your groceries. Only people who have a clue about PM and their state taxes will catch it.

    • @stuartstuart866
      @stuartstuart866 5 місяців тому

      @@davidf3883 I read on-line that Costco contacted the Nevada Tax Commission and the code states bullion is not taxable as long it is used as a “medium of exchange”. Costco can’t foresee how the bullion will be used, so out of caution, they tax it. If Costco doesn’t tax it, they could be liable for tax monies due Nevada.

  • @WorldMoneyWins
    @WorldMoneyWins 5 місяців тому +2

    If true, this could cause a squeeze as people panic to buy other kinds of silver.

  • @Mythological321
    @Mythological321 5 місяців тому

    Keep in mind Mint has been limiting production to less than 2million per month. FAR less than previous production years. Why is mint not minting in volume to meet demand??

  • @soultribe291
    @soultribe291 5 місяців тому +1

    Looks like I’m going shopping at my lcs for a some more pieces while the price is down. They can have all the eagles. I want some pretty Germania rounds this time. Or some cool different stuff

  • @nap41hb67
    @nap41hb67 5 місяців тому +4

    Silver has been slammed down so many times but it keeps popping up over and over again!!!’

  • @bereconciledtojc5013
    @bereconciledtojc5013 5 місяців тому +2

    I just went into my membership and the only 1 oz silver coin that comes up is the Canadian maple leaf @ $739.99 tube=39.99 ea

    • @mattp5712
      @mattp5712 2 місяці тому

      Maples are 25 coins per tube

  • @SweetLeavesXbox1
    @SweetLeavesXbox1 5 місяців тому +2

    My LCS had no 1oz Gold American Eagles :P
    Decided to get the 1oz gold buffalo :)

  • @richardchiriboga4424
    @richardchiriboga4424 5 місяців тому +2

    Wow!! I never would have guessed Costco. Very interesting.

  • @ReserveStacker
    @ReserveStacker 5 місяців тому +1

    seems that Apmex was one of the cheaper places for silver in around 2011, and today it seems like one of the highest. What happened?

  • @aeidinger
    @aeidinger 5 місяців тому +8

    The Washington DC area Costco’s have none.

    • @SebastianMuller-nu7dp
      @SebastianMuller-nu7dp 5 місяців тому +1

      Listen to yourself, would you've ever thought to say "Costo has nothing left !" ?

    • @PumpkinKingXXIII
      @PumpkinKingXXIII 5 місяців тому +2

      Neither does the Baton Rouge, New Orleans, or Lewisville. I’ve seen the gold pamp Swiss bars at the Arlington and Plano stores but no silver at any of them

  • @rockysuperstar1
    @rockysuperstar1 5 місяців тому +4

    SAL Good Morning Sir . That is interesting news about Costco .
    Costco sure could drive the Premium's down . Will we see Costco
    selling Graded ASE next :-))

  • @alancadieux2984
    @alancadieux2984 5 місяців тому +1

    Possibly affect those interested in 1 oz coins, bars are still an option. I was looking for coins a few days ago, one shop only had 16 maples & 3 Buffalos, that's it! I was offered a 100 oz bar for $4000 🇨🇦 and at $36.85 spot, it was certainly the better deal. I cleaned em out on the coins, looking back...I should have bought the bar and left them empty handed.

  • @michaelk4135
    @michaelk4135 5 місяців тому +6

    All I can say is WOW if this turns out to be true 😮😮😮😮- Some body knows something 🎉🎉🎉

    • @DavidTaylor-n1z
      @DavidTaylor-n1z 5 місяців тому +1

      Something is going on with silver that most of us don't have access to yet. SRM

  • @justanotheroglesby2847
    @justanotheroglesby2847 5 місяців тому +3

    People only own .082 % of Costco. Vanguard owns 8.5 or 19 billion. Blakrock at 4.6% or 10.23 Billion. SSGA at 10billion. Fidelity at 4.2 billion. Geode capital at 4.13 billion. As of 2023.

  • @Metal_seer
    @Metal_seer 5 місяців тому +7

    I'm wating on the special Salivate Metal Costco discount. 😊

  • @KristinaBakerSmith
    @KristinaBakerSmith 5 місяців тому +2

    Ive never had a problem getting anything locally.

  • @VegasStacker702
    @VegasStacker702 5 місяців тому +2

    That's weird I just checked 2 online dealers and both had plenty of 2024 silver eagles available.

    • @SalivateMetal
      @SalivateMetal  5 місяців тому

      Yeah, I talked about current availability by most dealers in the video. I think this is for new orders that have exhausted 2 months of Mint production

  • @OminousRooster
    @OminousRooster 5 місяців тому +3

    Costco stocks will go up, hopefully the employees get some of that.

  • @aspiringalchemist8398
    @aspiringalchemist8398 5 місяців тому +2

    Thank you, uncle Sal.

  • @loafersheffield
    @loafersheffield 5 місяців тому +2

    UK Silver Britannias are coins of the realm. Free from capital gains. Regrettably, a purchase tax of 20% (VAT) is levied upon purchase. That is rather annoying.

  • @SA-cn4jc
    @SA-cn4jc 4 місяці тому +2

    SCREW COSTCO, and all big box stores. Buy local, buy via small business owners. It’s as simple as that. And if you still feel the need to buy your food products at big box stores, then do so,…..just don’t buy PM’s there. Support your local coin shops. You will want them around when it comes time to sell.

  • @dglass2008
    @dglass2008 5 місяців тому +6

    I'm not taking less than $3500 oz for my silver.

    • @AJ-yr9qm
      @AJ-yr9qm 5 місяців тому

      I'm being reasonable with mine, 5 oz silver per HOUSE!! 😊

    • @Tj75822
      @Tj75822 5 місяців тому +1

      Don’t forget to tell your great-great- grandchildren that you were holding out for$3500

    • @edb3877
      @edb3877 5 місяців тому

      @@Tj75822 Better leave a note for them...

    • @BrianHeimbuecher
      @BrianHeimbuecher 5 місяців тому

      @@Tj75822 I think you can add two more generations... but I'm a skeptic by nature.

    • @BDK86
      @BDK86 5 місяців тому

      🤡

  • @magicman9321
    @magicman9321 5 місяців тому +4

    Picked up 250 maples today. So its not me 😂😂

  • @jamescampbell3384
    @jamescampbell3384 5 місяців тому +2

    It'd be interesting to see to whom the majority of these 2024 silver eagles have been sold through Costco.

  • @anovi72
    @anovi72 5 місяців тому +2

    Here in the UK the premiums are ridiculous.

  • @raygilreath552
    @raygilreath552 5 місяців тому +2

    That might be bullish for silver people who normally don’t stack will start

  • @petejones2328
    @petejones2328 5 місяців тому +1

    Depending on how much Costco bought could be why the silver price went down a bit

  • @johnyaniuk1254
    @johnyaniuk1254 5 місяців тому +1

    Bix Weir was right that the U.S. Mint was selling Precious Metals for profit and yet they are not supposed to. Preference to profit over mandates.

    • @SalivateMetal
      @SalivateMetal  5 місяців тому +1

      It's very hard to know without seeing their expense reports. Does he have those?

    • @johnyaniuk1254
      @johnyaniuk1254 5 місяців тому

      @@SalivateMetal I cannot remember if he does. I'd have to re-review his material on the matter to get the details of the evidence he has to support his compelling argument. However Bix is a Number Cruncher for sure and if he can get his hands on data he will. I do remember recently he said in his videos that the U.S. Mint stopped producing new Silver Eagles this year. Perhaps this new Costco story fills in the blanks as to where they are going. Sounds to me like they kept making them but only for a huge Client.. Costco. And stopped for other Clients. More research is needed. I'm sure Bix will be digging into this as well. I follow both your channels and others and I learn so much. Thanks for your efforts Sal. Much appreciated.

    • @SalivateMetal
      @SalivateMetal  5 місяців тому +1

      @@johnyaniuk1254 The US Mint has not stopped producing silver eagles. They do profit on their numismatic sales. All of those profit are designated into the general revenues of the treasury.

  • @DavidTaylor-n1z
    @DavidTaylor-n1z 5 місяців тому +1

    A dealer in Marion, Illinois may have some of these 2024 Silver Eagles.He has been dealing in Silver for a number of years. SRM

    • @SalivateMetal
      @SalivateMetal  5 місяців тому

      I am responding to your comment verbally on a live stream at this very moment!

  • @SandraSaulsbury-e9p
    @SandraSaulsbury-e9p 5 місяців тому +20

    So small stackers of silver who buy only one or two a month are out of luck it they want the silver Eagles, guess I will just buy the Maple Leaf from Canada!

    • @CyberCurtainTwitcher
      @CyberCurtainTwitcher 5 місяців тому +3

      To be honest, I prefer those to the clipped wing eagles.

    • @sunson1491
      @sunson1491 5 місяців тому +1

      @@CyberCurtainTwitcherYou prefer an ugly Charles coin as an American?

    • @CyberCurtainTwitcher
      @CyberCurtainTwitcher 5 місяців тому

      @@sunson1491 I despise the twat, and I'm British.

    • @Cat.54321
      @Cat.54321 5 місяців тому +2

      Yeah, I'm having a hard time buying anything with king chucky on it....😢

    • @CyberCurtainTwitcher
      @CyberCurtainTwitcher 5 місяців тому +2

      @@Cat.54321 In the other hand, it could be a good financial play. If he pops his clogs in the next couple years and ends up being one of the shortest reigning monarchs, and anything with him on could become highly sought after.

  • @leewang6686
    @leewang6686 5 місяців тому +4

    I have 2 tubes of eagles from Costco. They will have them up again if they bought most of the stock haha.

  • @edkirkwood6951
    @edkirkwood6951 5 місяців тому +14

    Crazy for people to say Costco selling Gold and Silver os bad. Price is lower, especially when you add credit card fees the big dealers charge. I just got a tube of Silver Maples from Costco at about $1.30 over spot, not counting my Costco card rebate. No dealer is coming close to thar price. Stop with the Costco is bad crap!

    • @alan2102X
      @alan2102X 5 місяців тому

      Great deal! What's the premium on Eagles?

    • @kravenfoxbodies2479
      @kravenfoxbodies2479 5 місяців тому

      Costco is only pumping supplies in and not a buyer from You, flooding the market when LCS have to eat that blunt force of sales that Costco was having will only drive the price down in the long run while Costco makes bank on panic fear.

    • @rawjhaw
      @rawjhaw 5 місяців тому +4

      the only problem is..... sales at these big box stores are doxed and can be traced

  • @Dakiniwoman
    @Dakiniwoman 5 місяців тому

    Thanks Sal... I just don't buy those Eagles with the high premium. I just bought a Gemania Mint 999.9 Kilo bar on sale from Silver Gold Bull.... more my speed.

  • @davidmackenzie5403
    @davidmackenzie5403 5 місяців тому +3

    Good morning Sal ☕️☕️☕️still buying silver still not enough for me 🤪 Think I need help

  • @MilledSteel
    @MilledSteel 5 місяців тому +1

    This video is going viral!!! 🔥🔥🔥

    • @SalivateMetal
      @SalivateMetal  5 місяців тому +1

      What a coincidence since I have a virus *cough* *sneeze*. Thanks for watching my friend. I appreciate your continued viewership.

    • @MilledSteel
      @MilledSteel 5 місяців тому

      @@SalivateMetal 😁😁

  • @robertgill448
    @robertgill448 5 місяців тому +2

    Costco is mainly owned by institutional investors, who own over 70% of shares. Knowing that leads me to believe their money is invested in Paper Silver and we ALL know how that game plays out. Hint speculate with fictitious figures to drive the price up and sell during weekend nights only to wake up and find Silver is down. They jump in the market again and buy low, wait a while and start the cycle again. That is the ONLY reason they deal in American Eagles, it’s a loophole in the IRS laws. There will come a day when Physical Silver will bump off the Paper Silver.

  • @OCStacker
    @OCStacker 5 місяців тому +3

    GREAT INTELL SAL. THANKS

  • @georgehubbard6876
    @georgehubbard6876 5 місяців тому +2

    Funny how silver pumps and dumps and then the big money comes along buying the dip.
    Can you say Manipulation?
    Hard to NOT notice.

    • @rawjhaw
      @rawjhaw 5 місяців тому +1

      Fascism defined: the merger between gov and corporations

  • @TwitchRadio
    @TwitchRadio 5 місяців тому +5

    For the youtube algorithm.. #DCAandCHILL
    Sorry, didn't mean to buy out the US mint... 😂... I kind of assumed they were getting it straight from the mint anyway being there such a large mover of products, but the way I look at this is that it is getting more individuals into precious metals that wouldn't have been here if they didn't do it if that makes any sense... Anyways, thanks for the video as always and hope you are feeling better ✌️😎👍
    PS... Going to Costco for my monthly stock up so I'll give it a look and see what they have and report back to you during a live stream ✌️

  • @SuperGiantGeckosLLC
    @SuperGiantGeckosLLC 5 місяців тому +1

    If reset happens that eagles worth $1
    Washington quarters are better
    5-6quarters vs 1silver dollar

  • @johnbethea4505
    @johnbethea4505 5 місяців тому +3

    Cosco is doing what banks should have been doing. This would have made them extra money...

    • @edb3877
      @edb3877 5 місяців тому

      Banks don't want to be tarred and feathered by the US Gov for promoting REAL money over fake fiat debt paper.

  • @robertbihn3005
    @robertbihn3005 5 місяців тому +1

    A big place like Costco could displace many smaller dealers, be US Mint's best friend.

  • @45calwheelers
    @45calwheelers 5 місяців тому

    Mountain View California has 10oz silver royal mint bars and 1oz pamp swiss gold bars in the store. Just restocked yesterday