Traders that buy and sell oil futures contracts are well aware that the paper derivatives are not actual barrels of oil. It's the same with silver. Most of the commodities business is about making money trading the paper. Hardly anyone actually stands for delivery.
The Silver Institute does not track silver used in military. The silver cap is, however, so much smaller than other commodities, hence the likelihood of volatility. Dave, instead of making us dizzy by walking around, scan over those beautiful treasures on display.
Same with ETFs and roth accounts, stocks, miners etc. I think it's too early to cash out of everything, but there will come a time when it's too late to do so as you pointed out.
I've never heard of that happening. But I have heard of my great grandfather kept 50k cash in a safety deposit box through the great depression just fine.
I like both at a ratio of 75% gold and 25% silver but what do I know!!! “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves.” ― Norm Franz. Happy July 4th Silver Dave.....God Bless
20:25 first video I watched just happened to be the crypto/gold. Just getting ready to go to bed and alas another Silver Dave video. Another excellent video, you've taught me well, I knew the 5 points. Please don't forget my 1953 request we talked about the other day. It's getting to be time for a visit. I've watched a lot of other videos, and you are always spot on. Buy physical, buy fractional, and keep stacking. Also keep the great videos coming Ps I miss Silver girl, hahahaha.
Great video Dave. I’ve never stacked as an investment. Although my stack has brought some decent returns lately, that’s not the reason I have it. It’s a hedge against a dollar that is being held up with toothpicks and chewing gum right now. From what I’ve heard, the physical silver ratio to paper is 357-1 right now. When this USD fails, hard assets such as silver will reveal their true value. And that value will be exactly what a seller of goods wants, vs what a silver holder is willing to pay. And the holder will be driving the bus…..
Once again Dave you really should be sponsored by all the big precious metal dealers. You are the best spokesperson for everything silver. You really enjoy pitching the products you sell . Keep up the great job you do I'll see you soon when i head up north .
You buy a paper contract if you think the price of the underlying commodity is going higher so you can sell it to someone else in two weeks for a profit. Storing your wealth in such products would be insane.
I’m a huge silver bug, but I would like to make clear one point- which is that there ARE NOT 400 “people” out there for every single one person who owns an ounce of silver. The vast majority, and I mean well over 90%, of the paper silver contracts are owned by the bullion banks who know darned well how much silver there is. The paper market was devised as a price control mechanism, not a price discovery mechanism. The only way true price discovery is realized is if physical silver is in demand, if buyers of actual physical silver take delivery off the exchanges, much as China and India have done via the Shanghai exchange as of late. Is it possible for more individuals to make a difference in price? Yes, it could happen, but public sentiment has a long way to go, and they would have to demand physical delivery.
Love Your Videos & The Content,,In Which Its Delivered Is Priceless...😂 Very Very Insightful & Enlightening.... Keep Putting Out The Videos.. I Look Forward To Seeing Them Everyday!!!
Yo. Very great explanation! I’ve been into silver for about 8 years and I love it. I’ve spoken to every person in my family questioning stocks and they don’t get it. I’ll share this video but they still won’t listen. I like the way you described the use of silver and ration and paper silver issue. Keep stacking!!
Look how many tons of gold was mined last year over 3000 then look at how much silver was mined 26000 that’s a 1:8.6 ratio that alone should make people wonder why so cheap silver should be like 280. Yea you make it very clear though thank you enjoy the content
*1st time watcher (and New Subscriber)! Have a few comments/questions:* 1. Love that you have a giant wood carving of Yggdrasil on the wall of your shop! Skol brother! 2. Enjoyed the knowledge of silver that you shared.. I am Brand New to stacking/collecting (or whatever you call it), and I was going to focus more on Gold, but you have made great arguments for Silver as well! 3. Your 1 tube of 1/10th Silver Rounds is only $145.00 (for 35 pieces)! Today on Apmex, the cost of 35 pieces of 1/10th silver rounds is $223.65. *How are your prices that much lower???* (if it is an obvious answer, remember..I'm a newbie LOL). 4. As I said, new to stacking, BUT, not new to UA-cam. I notice on this video you have no replies/etc. for any of your viewers...(If you do this later, forgive me). Hopefully you do this as well, and it just hasn't been reflected on this video yet. If you don't, then please give it a try; you deserve more subs! 5 Lastly, Keep up the great work, looking forward to your next video. See you then, or see you in Valhalla! ~ Viking Gold
Bankers want low silverprices because they go short on silver. Every dollar higher means millions of losses for them. And a bit it may be that people who bought silver for lower prices want or need to sell their silver. Most stackers wouldn't do that.
Hi Dave! Please keep in stock your 1/10th oz silver tubes all summer. I’ll come from far away to buy at least 3 tubes of 35. Thx for the videos you’re the best 😊
So your comment tells me you are a collector first and see the value of this coin versus stackers only see value in spot only. I totally understand your thoughts.
And let us remember that $1.40 face value of 90% is equal to 1 ounce of Pure silver and $.70 of 90% is equal to 1/2 ounce of pure silver and $.35 face value is equal to 1/4 ounce of pure silver.😎
Those 1/10 ounce silver bars/coins are amazing, 15% price more is a good deal. You guys are lucky to have local silver mint. Here in Europe they sell 1/10 ounce bars for like 50% more just insane.
I concur that Silver has a greater potential for higher returns/gains than gold. Having said that, I would say that gold will first rise then Silver and Platinum will rise outrunning gold,
Stacking gold and silver bullion is a powerful strategy for preserving and growing wealth. Gold offers stability and acts as a hedge against inflation, while silver provides affordability and industrial demand potential. Together, they create a balanced and diversified portfolio, protecting your assets in both good times and uncertain ones. 💪💪💪
What about are Constitutional money, coins from 1964 on down, it is legal tender 90 percent Silver and a currency , a dime, quarter and half dollar and Morgan dollars are all recognizable as money to retailers
yes, they are recognizable money at their FACE VALUE. Raiding the junk Franklin half dollar stack to go down to 7-11 and buy a Big Gulp with that change constitutes "a poor financial decision."
I'd like to learn more about that paper to physical ratio, what it exactly means. Maybe some of the futures contracts are against not necessarily for newly mined silver but silver mined long in the past and brought back onto the market?
Yes. The futures contracts don't care where the commodity comes from, it's simply "for future delivery." Durable commodities like metals and petroleum will often have many contracts offered by folks who already have the commodity in hand. In contrast, a futures contract on oranges is almost always based on product that hasn't ripened. See the movie Trading Places for a fun look at futures. The thing is, even durable commodities are being consumed in the economy, so new production plays a HUGE role in the market.
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through.
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $460K retirement goal after subsequent investments.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
You know Dave they are selling silver for 12k an ounce. If you take 400 being how many times they have sold that one ounce and you multiply it by spot price 30 dollars you get 12k per ounce is this the real silver price?
@@Travelbythought. lol it just so happens that my third favorite metal is Pb. When I hear stories of government confiscation of metals, they can have all the Pb they want.
@Travelbythought actually yes, but all metals will have good value , look at copper $5 pound 10 yrs. ago $1, aluminum is also good , ammo of course, lead brass , all metals to the moon
@@matthewbyrns-sp8lb Agree. I keep as much valuable scrap as possible on hand. The Chinese have a big appetite for it, and when the price is up I’ll dump some. To make room for more 😂
Gold is at an all time high whilst silver is no where near its all time high More likely silver could go back to it’s all time high than it is for gold to go even higher (percentage wise)
Dave - planning on exchanging the silver for dollars for a transaction is fine. It's not going to devalue 50% overnight. For instance, If you're going to buy a house, the legal contract has to be in dollars. You'd exchange what you need to cover the purchase and then spend the currency. You just don't want to be holding the dollars as savings long-term. If you're thinking of a mad max scenario then I think you'd be better off hoarding ammo, bourbon, chocolate bars and coffee beans for bartering.
Nephilim, in the Hebrew Bible (the Christian Old Testament), a group of mysterious beings or people of unusually large size and strength who lived both before and after the Flood.
@@ianbrazier3993 of course, but a hand in hand is so much more satisfying in times of crisis. You may think differently but for me I have better things to waste my currency or money on.
My calculations say silver is 105$ per ounce today. If we use it for our value, and the paper goes bust the value will be about 360$.if we stack it we can control the ceiling by not selling. Tell your friends, we won't be rich, but we will survive more easily.
Love your videos!! I've purchased silver in your store. keep up the knowledge sharing! Any chance of a Independence day sale? wow... youtube does not have a USA flag symbol.
The problem is there aren't any businesses out there that want to take physical gold/silver as payment. They don't want the hassle of dealing with fakes, purity, weight, storage, protection, or insurance. They don't even want to deal in cash anymore never mind precious metals. Look at all the self checkout stations and they are all electronic payment. Forget the govt or banks, businesses themselves don't want to deal in physical money anymore. Too much risk on their end.
If I sell 10 futures contracts in the morning and buy them back in the afternoon, I think you would count that as 20 contracts. Whereas I would call it zero.
Silver is just too bulky for me, makes it impractical. Gold is, on the other hand, too expensive for stacking to be fun for me. With my budget, the ideal would be something in the middle 😢
@@Pieguy73 yes food is one of the assets that probably will be worth more than any PMs at the worst of times, but how much can one carry when SHTF,when on foot.
They want silver prices low because silver is used in just about everything that has electric going through it and it gets used up .gold is money and silver used both ways.breaking out now for 10 to 1 price coming.
The ‘Circle the Drain’ constant rotating had me click off. I like hearing all these reasons to stack silver…that I already know. I click because I like being reassured, but this filming technique is not enjoyable. I can’t in good conscience recommend this video to help people understand these fundamental truths about silver when the presentation is so amateur. Silver Dave will figure out his style and settle into a more professional blend.. or maybe I will just accept his insanity like Jeff Williams gold mining videos. 😂
400 promissory notes vs 1 Troy Oz of silver really brings home the phrase, "if you don't hold it, you don't own it"!
🚀🌙
Traders that buy and sell oil futures contracts are well aware that the paper derivatives are not actual barrels of oil. It's the same with silver. Most of the commodities business is about making money trading the paper. Hardly anyone actually stands for delivery.
Also that they can "flim-flam the numbers"
I'm getting dizzy walking backward around your shop
yea me too.
😂
The Silver Institute does not track silver used in military. The silver cap is, however, so much smaller than other commodities, hence the likelihood of volatility. Dave, instead of making us dizzy by walking around, scan over those beautiful treasures on display.
Also, Please in you have physical gold and silver!!!! PLEASE DO NOT KEEP IT IN A SAFETY DEPOSIT BOX IN A BANK. If the bank closes YOUR SCREWED!!
Same with ETFs and roth accounts, stocks, miners etc. I think it's too early to cash out of everything, but there will come a time when it's too late to do so as you pointed out.
You think that if the bank closed, you wouldn't get what you had in your safety deposit box back?
@@buffdaddy4673I don't trust banks. And I have heard of stories of people losing items mysteriously.
I've never heard of that happening. But I have heard of my great grandfather kept 50k cash in a safety deposit box through the great depression just fine.
@@buffdaddy4673 No
I feel like I am at sea again.
alful way to run a camra
😂
Think about the dude walking backwards for 20 minutes
The constant walking is bothersome, but the video was excellent. Well done Silver Dave.
Just listen to the audio .. too many people pissed off or getting sea sick 😂
@@LeonTheLion-777 that's what I was just doing 😄
I like both at a ratio of 75% gold and 25% silver but what do I know!!! “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves.” ― Norm Franz. Happy July 4th Silver Dave.....God Bless
I love that quote.
What a great quote
You're obviously not aware that Silver is far more precious than gold.
This is the best breakdown about silver I've ever herd 👏
Always a wealth of information Brother Dave. Blessings man.
This is a very educational video. This needs to be shown to all silver stackers. It would help a lot. Thanks silver Dave
Thanks Dave, all the content creators explaining silver and gold got me into stacking 2 months ago. It’s a great online community. GOD BLESS
you made a great point at the end of being concerned about price now. ALL silver is on sale these days. The days of $30 silver are almost over.
I’m starting to fear the same.
20:25 first video I watched just happened to be the crypto/gold. Just getting ready to go to bed and alas another Silver Dave video. Another excellent video, you've taught me well, I knew the 5 points. Please don't forget my 1953 request we talked about the other day. It's getting to be time for a visit. I've watched a lot of other videos, and you are always spot on. Buy physical, buy fractional, and keep stacking. Also keep the great videos coming
Ps I miss Silver girl, hahahaha.
Silver Dave, those tattoos are weakening your immune system.
Dave is a pirate by night where you think he gets all this fine silver arrr
@@mattmatt6572, his favorite saying is " shiver me timbers" i wish you well
Tattoos are sin and Against God. Repent and be forgiven and get no more.
Silver Dave is the type of neighbor that I want to have!
The neighbor up at 4am walking around his house cracked out looking for silver in the walls?
@@pt_tim3476 only if it's good crack
Great video Dave. I’ve never stacked as an investment. Although my stack has brought some decent returns lately, that’s not the reason I have it. It’s a hedge against a dollar that is being held up with toothpicks and chewing gum right now. From what I’ve heard, the physical silver ratio to paper is 357-1 right now. When this USD fails, hard assets such as silver will reveal their true value. And that value will be exactly what a seller of goods wants, vs what a silver holder is willing to pay. And the holder will be driving the bus…..
Once again Dave you really should be sponsored by all the big precious metal dealers. You are the best spokesperson for everything silver. You really enjoy pitching the products you sell . Keep up the great job you do I'll see you soon when i head up north .
Dave sponsors dave
This guy is starting to grow on me
Is New Hampshire like Texas for Yankees?
It seems like a place I would visit.
Thank you so much for all the important information.
Who the f is so stupid to buy a paper contract? It's like giving a girl a ring you never knew or seen and would never touch...
You buy a paper contract if you think the price of the underlying commodity is going higher so you can sell it to someone else in two weeks for a profit. Storing your wealth in such products would be insane.
Im so glad you made this video. I get it now because you broke it down better than most.
Thank you
Silver is the third most used element on earth only behind hydrogen and oxygen.
It powers nearly early everything.
Great content as always silver Dave. I hope my channel grows like yours has. Keep on stacking
great video, Dave. I love the silver 1/10 rounds
I've been buying 1/10 silver Libertads. A bit pricy but I love Libertads!
Thanks Dave
I’m a huge silver bug, but I would like to make clear one point- which is that there ARE NOT 400 “people” out there for every single one person who owns an ounce of silver. The vast majority, and I mean well over 90%, of the paper silver contracts are owned by the bullion banks who know darned well how much silver there is. The paper market was devised as a price control mechanism, not a price discovery mechanism. The only way true price discovery is realized is if physical silver is in demand, if buyers of actual physical silver take delivery off the exchanges, much as China and India have done via the Shanghai exchange as of late. Is it possible for more individuals to make a difference in price? Yes, it could happen, but public sentiment has a long way to go, and they would have to demand physical delivery.
Love Your Videos & The Content,,In Which Its Delivered Is Priceless...😂
Very Very Insightful & Enlightening....
Keep Putting Out The Videos..
I Look Forward To Seeing Them Everyday!!!
Love your idea with the tenth of an ounce want some 😂but im a fan of the pirates chisel then over pay physical / right ?
Yo. Very great explanation! I’ve been into silver for about 8 years and I love it. I’ve spoken to every person in my family questioning stocks and they don’t get it. I’ll share this video but they still won’t listen. I like the way you described the use of silver and ration and paper silver issue. Keep stacking!!
Good pitch for Coin Of The Realm!
Look how many tons of gold was mined last year over 3000 then look at how much silver was mined 26000 that’s a 1:8.6 ratio that alone should make people wonder why so cheap silver should be like 280. Yea you make it very clear though thank you enjoy the content
*1st time watcher (and New Subscriber)! Have a few comments/questions:*
1. Love that you have a giant wood carving of Yggdrasil on the wall of your shop! Skol brother!
2. Enjoyed the knowledge of silver that you shared.. I am Brand New to stacking/collecting (or whatever you call it), and I was going to focus more on Gold, but you have made great arguments for Silver as well!
3. Your 1 tube of 1/10th Silver Rounds is only $145.00 (for 35 pieces)! Today on Apmex, the cost of 35 pieces of 1/10th silver rounds is $223.65. *How are your prices that much lower???* (if it is an obvious answer, remember..I'm a newbie LOL).
4. As I said, new to stacking, BUT, not new to UA-cam. I notice on this video you have no replies/etc. for any of your viewers...(If you do this later, forgive me). Hopefully you do this as well, and it just hasn't been reflected on this video yet. If you don't, then please give it a try; you deserve more subs!
5 Lastly, Keep up the great work, looking forward to your next video. See you then, or see you in Valhalla! ~ Viking Gold
Bankers want low silverprices because they go short on silver. Every dollar higher means millions of losses for them. And a bit it may be that people who bought silver for lower prices want or need to sell their silver. Most stackers wouldn't do that.
Hi Dave! Please keep in stock your 1/10th oz silver tubes all summer. I’ll come from far away to buy at least 3 tubes of 35. Thx for the videos you’re the best 😊
Great stuff and ALL great points! But i'm currently addicted to pre-33 gold LOL!
So your comment tells me you are a collector first and see the value of this coin versus stackers only see value in spot only. I totally understand your thoughts.
Great show! Love the shop.
I feel the same way, silver is the life we live.
Please stand still
My friend bought Nvidia stocks went all in getting profit but not telling or didn't find out about 50% capital gains tax in canada
The 4 year silver supply deficit is another reason.
And let us remember that $1.40 face value of 90% is equal to 1 ounce of Pure silver and $.70 of 90% is equal to 1/2 ounce of pure silver and $.35 face value is equal to 1/4 ounce of pure silver.😎
Those 1/10 ounce silver bars/coins are amazing, 15% price more is a good deal. You guys are lucky to have local silver mint. Here in Europe they sell 1/10 ounce bars for like 50% more just insane.
I concur that Silver has a greater potential for higher returns/gains than gold. Having said that, I would say that gold will first rise then Silver and Platinum will rise outrunning gold,
But why male models ?
Stacking gold and silver bullion is a powerful strategy for preserving and growing wealth. Gold offers stability and acts as a hedge against inflation, while silver provides affordability and industrial demand potential. Together, they create a balanced and diversified portfolio, protecting your assets in both good times and uncertain ones. 💪💪💪
Do you prefer fractional silver over junk silver? And why? Thanks!
What about are Constitutional money, coins from 1964 on down, it is legal tender 90 percent Silver and a currency , a dime, quarter and half dollar and Morgan dollars are all recognizable as money to retailers
yes, they are recognizable money at their FACE VALUE. Raiding the junk Franklin half dollar stack to go down to 7-11 and buy a Big Gulp with that change constitutes "a poor financial decision."
Great reasoning. I feel the same way.
You’re right about the paper stuff it’s all backed by promises.
Exactly. Dave my sentiments exactly.
Great Great video!!!!! I subscribed and shares to 5 groups!!!!
Good info but I'm getting dizzy. I had to switch to audio only.
Excellent vid! Thank you Silver Dave!
I'd like to learn more about that paper to physical ratio, what it exactly means. Maybe some of the futures contracts are against not necessarily for newly mined silver but silver mined long in the past and brought back onto the market?
Yes. The futures contracts don't care where the commodity comes from, it's simply "for future delivery." Durable commodities like metals and petroleum will often have many contracts offered by folks who already have the commodity in hand. In contrast, a futures contract on oranges is almost always based on product that hasn't ripened. See the movie Trading Places for a fun look at futures.
The thing is, even durable commodities are being consumed in the economy, so new production plays a HUGE role in the market.
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through.
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $460K retirement goal after subsequent investments.
@@williamDonaldson432 Could you kindly elaborate on the advisor's background and qualifications?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
silver lining baby🎉
I cannot have my evening adult beverage while you walk around. I have to listen to the sound only. 😅
Great video,Dave!
You know Dave they are selling silver for 12k an ounce. If you take 400 being how many times they have sold that one ounce and you multiply it by spot price 30 dollars you get 12k per ounce is this the real silver price?
Are you on a cruise ship?
well explained
I like your style, amigo. Subbed.
My man Dave! Great to see you again!
I think lead and brass are way more valuable than silver right now.
I have a pretty good pile of scrap copper, lead, brass, and aluminum as well as my silver and gold. Good idea to hang onto it!
@@robertclark9 I think he meant ammo.
@@Travelbythought. lol it just so happens that my third favorite metal is Pb. When I hear stories of government confiscation of metals, they can have all the Pb they want.
@Travelbythought actually yes, but all metals will have good value , look at copper $5 pound 10 yrs. ago $1, aluminum is also good , ammo of course, lead brass , all metals to the moon
@@matthewbyrns-sp8lb Agree. I keep as much valuable scrap as possible on hand. The Chinese have a big appetite for it, and when the price is up I’ll dump some. To make room for more 😂
To quote the late great bullion dealer Burt Blumert, "Every time you buy gold or silver, you vote no to the current system "
I think he's advertising for the shop rather than giving us real information between G & S.
Nice store
Great video
Great video. But camera man needs to stop moving so much 🤢
Gold is at an all time high whilst silver is no where near its all time high
More likely silver could go back to it’s all time high than it is for gold to go even higher (percentage wise)
Dave - planning on exchanging the silver for dollars for a transaction is fine. It's not going to devalue 50% overnight. For instance, If you're going to buy a house, the legal contract has to be in dollars. You'd exchange what you need to cover the purchase and then spend the currency. You just don't want to be holding the dollars as savings long-term. If you're thinking of a mad max scenario then I think you'd be better off hoarding ammo, bourbon, chocolate bars and coffee beans for bartering.
❤ informative
I trust Biden. He says everything is going to be fine. KIDDING!! FJB.
FG-C
FJB
Thanks for this video. May Lord Jesus bless and increase you. 😊
Great video 👍👍👍👍
I’m a gold guy, you ask why? Because it’s what I’m going to use for bartering with the Nephilim
(googles Nephilim)
Nephilim, in the Hebrew Bible (the Christian Old Testament), a group of mysterious beings or people of unusually large size and strength who lived both before and after the Flood.
Orsome mate they like pretty girls as well
@@ianbrazier3993 of course, but a hand in hand is so much more satisfying in times of crisis. You may think differently but for me I have better things to waste my currency or money on.
John good on you for owning gold but the psychedelics are hurting you 😂
Awesome video, lots of info.
My calculations say silver is 105$ per ounce today. If we use it for our value, and the paper goes bust the value will be about 360$.if we stack it we can control the ceiling by not selling. Tell your friends, we won't be rich, but we will survive more easily.
I'd love to hear more about your pricing model!!!
great show Dave you got me hooked on your channel.
Why not both.
Couldnt you get back silver as change from a 10 ounce bar ?
Depends on who you're dealing with....
Why not use dimes?
I have 6/7 thousand dimes
I like you and your channel! The music is bearable, but I literally cannot watch the video without feeling sick hahaha
I listened though!
u look like tom cruise in tropic thunder! god bless!
"Why silver and not gold"
"I own a silversmith ship"
Dobyou know Tim's coin shop in New Hampshire
Love your videos!! I've purchased silver in your store. keep up the knowledge sharing! Any chance of a Independence day sale? wow... youtube does not have a USA flag symbol.
🇺🇸
One of my fav PM podcasters!
Silver shot is answer to the last issue he was talking about. Detachable silver bars are too expensive.
During the Days of Solomon silver had little value. Wiemar Hyperinflation GSR 180:1. War Nickles had Silver and Nickel was More Valuable
Fractional silver? I've got dime and quarters and 1/2 dollars, some of it really ugly and dirty but it's still silver
The problem is there aren't any businesses out there that want to take physical gold/silver as payment. They don't want the hassle of dealing with fakes, purity, weight, storage, protection, or insurance. They don't even want to deal in cash anymore never mind precious metals. Look at all the self checkout stations and they are all electronic payment. Forget the govt or banks, businesses themselves don't want to deal in physical money anymore. Too much risk on their end.
Why not both?🤷🏻♂️
1 silver dollar = 371.25 grains silver. 1 gold dollar = 23.22 grains of gold 371.25/23.22=15.98...
If I sell 10 futures contracts in the morning and buy them back in the afternoon, I think you would count that as 20 contracts. Whereas I would call it zero.
The “out of the ground” ratio is about 10:1.
Funny you just said the same thing 2 minutes later in the video lol
Silver Dave is the man
Silver is just too bulky for me, makes it impractical. Gold is, on the other hand, too expensive for stacking to be fun for me. With my budget, the ideal would be something in the middle 😢
It all depends on how you define and use it. The only alternative is either the fiat currency or plastic or crypto or PMs or other assets
You can lug around food
@@Pieguy73 yes food is one of the assets that probably will be worth more than any PMs at the worst of times, but how much can one carry when SHTF,when on foot.
Buy platinum. It's way down from being more expensive than gold a decade ago. It's beautiful like silver, and useful in jewelry and technology
Also, platinum price is basically right in the middle of gold/silver
This paper silver & gold are funny to me
You buy it & we will just hold it for you 🤔
Not if you live in the UK, here all silver deals come with a 20% VAT liability.
They want silver prices low because silver is used in just about everything that has electric going through it and it gets used up .gold is money and silver used both ways.breaking out now for 10 to 1 price coming.
Because you have more silver than gold to sell?
Come at me bro! 😂
I came for the talk about silver, and stayed for Dave's hypnotic body language 😀
The ‘Circle the Drain’ constant rotating had me click off. I like hearing all these reasons to stack silver…that I already know. I click because I like being reassured, but this filming technique is not enjoyable. I can’t in good conscience recommend this video to help people understand these fundamental truths about silver when the presentation is so amateur. Silver Dave will figure out his style and settle into a more professional blend.. or maybe I will just accept his insanity like Jeff Williams gold mining videos. 😂
😂😂😂😂