For those of us who have been stacking for a few years, silvers is getting expensive. But looking at the how expensive gold is now, silver is still a bargain! 😂😂✌🏻
Silver is not getting too expensive. Spot has gone up..but I’m buying with lower premiums. So getting stuff closer to spot. A few years ago silver may have been $25-28 but premiums might have been $3. I’m definitely more concerned about gold. Like you mentioned, I don’t think it’s gonna be dropping back too much. Better snag some up now.
Implicit in the conversation “is it too expensive “ is that the comparative ( in this case dollars) intrinsic value is more than that of the silver. Since I’m of the belief that the dollar has no intrinsic value, it would be impossible for silver to be too expensive as I’ll gladly trade my government paper in for something that actually has value regardless of how much of that paper they want for it.
A great video with many thoughts and questions each of us have to ask ourselves. I'm sure everyone's answer is different according to their situation. Personally I've slowed down a bit with my harvest season right around the corner. I have farm fuel to pay for and soon land rent and operating loan. Corn and soybeans are not looking good and the prices are shit. Plus my pickup needs tires lol. Just my near future outlook.
Yes, the everyday cost of life is coming down on everyone. This is exactly what I was talking about and why silver may be too expensive to buy with everything else we have to afford
@yocs_nav That's is correct. That's pretty much what this is about. Is it financially to expensive for people to buy with everything else going up! Good to see ya!
I think it may be for the average Stacker it all depends on their financial situation, my situation is different from others I buy what I want when I want weather in silver or gold. Thanks for the interesting video Kansas City Kidd 🐦🔥🤙
My stack is at a place where im comfortable cherry picking when i decide on a piece or two now.. Junk and culls im perfectly fine with picking up and the occasional one ounce bar for my GH boxes..Im glad im along so far in the game that i dont really feel the urge to HAVE to buy to get me ware i want to be at this point. Stealing home plate at this point i guess...7 more tenths of Gold coin and my tube of 20 will be Compleat. Its taken a while to be at this stage in the game and if i never made a big purchase again id be good with that too. Your videos are really thought provoking and its enjoyable to hear your views. Thanks for your great content my friend and keep it coming. Chasing a bit of junk and bits like that sure feel good at times like this.!!
Not at all I still consider it a buying opportunity I started buying at 10 an ounce just picked up a 5 ounce bare and going to my LCS to pick up some gold tomorrow.
Every stacker experiences this after the price they started stacking at is in the past. Inflation and devaluation of the dollar means every year your income buys less. But inflation will continue, and metals will continue to appreciate.
No. Buy Morgan’s peace and commems for $25, it feels good Still buying. Let my stack average down my cost of new stuff. Just being more picky. Having more fun right now finding the deals. Not buying bulk. One day at a time
I am steadily working on eliminating debt and we include purchasing PM’s in the budget as a way to preserve our wealth while scratching the collectors itch when it makes sense. Currently, I am keeping an eye out for deals on constitutional silver and fractional gold while steering away from premium pieces. Ultimately, it’s all about transferring fiat we have budgeted over to metals and continue growing wealth.
Great video 👍👊it is getting pretty expensive and gold is really getting up there want more gold but gonna have to save,and silver been looking for vintage at a good price and adding some slabbed morgans
💯 kansas kid. I am new to stacking 7 mo. And i jad been buying ea mo. 10 to 20 oz of silver and a smill gold piece. But today when things happen a/c busts or car needs work and having kid's i feel it to high to get what I was getting. Vut I have evaluated my position and it may be less ea. Mo. Or hold and see what is to happen till the 1st of the years or try and find some hard to gind vintage but that is marked pretty high today as well. I also thought about morgans uncirculated or getting the nunismatic side of thing's and become a collector but that is even limited . So kinda of find a deal or nothing at the moment. I got only 2 shops in the Ict. Here and the picking can be slim unless i take a trip to kc or okc but then gas is an extra expense that could of bought wt
No their's not. 2 shops. 1 sells mostly bullion phils not bad but priced high as heck caise he know that he's got the market cornered. 2. Heartland . They only sell what comes in the door, basically a 3rd party middleman. So yep! The Pickens are slim. Here. I wish I had had enough cash and coins and bullion. I would take a part of the market myself. Oh, there is a 3rd store on the est side that opened up by the airbase But that is strictly appoiment only and I never have time after work to even vo.e close to trying to make an appointment to see what he even has. Must be a guy trying to suck up all the gold since it opened not long ago.
'I'm still buying, but I am more picky now. Vintage bullion and Morgans are what I focus on now. I think there will be a rug-pull, so I am getting really heavy in cash also.
Just to meet the average GSR silver still has a long way to go up respectful to gold.
Long life ahead of it
Judging by the amount of silver I see passing through my LCS I’d say silver is not too expensive.
Foreign silver can still be had under melt
That's where the good play is at
@@TheKANSASKIDD Unless you can't sell it hehe
Too*
My coworker and I just had this discussion.
It's the buzz
For those of us who have been stacking for a few years, silvers is getting expensive. But looking at the how expensive gold is now, silver is still a bargain! 😂😂✌🏻
@@send2georgie_S2G Yes! That's exactly right!
So true s2g!! 1 piece at a time still adds to the stack.
@@send2georgie_S2G I concur. There is still meat on the bone for silver, or gold has a long way to fall.
@@TheKANSASKIDD wow so many responses to my comment! 😂👍🏻
@@THECRANKYONE yes! little by little will eventually become a treasure chest! 🤩✌🏻
What’s expensive is always relative. I rarely buy silver under $40 nowadays.
Silver is not getting too expensive. Spot has gone up..but I’m buying with lower premiums. So getting stuff closer to spot. A few years ago silver may have been $25-28 but premiums might have been $3.
I’m definitely more concerned about gold. Like you mentioned, I don’t think it’s gonna be dropping back too much. Better snag some up now.
Get the gold while the gettings good!
@@TheKANSASKIDD agreed 👍
Even at $40 an oz. is a bargain considering its ever increasing scarcity
I remember when I first started Stacking thinking $22 an ounce was too much just for a coin. Look at me now.😂
@@Silverstallion13 Yes!! Exactly. I remember buying at $17. It just keeps rising!
I started in June of 1973 and it cost me nothing , ZERO !
Implicit in the conversation “is it too expensive “ is that the comparative ( in this case dollars) intrinsic value is more than that of the silver. Since I’m of the belief that the dollar has no intrinsic value, it would be impossible for silver to be too expensive as I’ll gladly trade my government paper in for something that actually has value regardless of how much of that paper they want for it.
Good mindset
A great video with many thoughts and questions each of us have to ask ourselves. I'm sure everyone's answer is different according to their situation.
Personally I've slowed down a bit with my harvest season right around the corner. I have farm fuel to pay for and soon land rent and operating loan. Corn and soybeans are not looking good and the prices are shit. Plus my pickup needs tires lol. Just my near future outlook.
Yes, the everyday cost of life is coming down on everyone. This is exactly what I was talking about and why silver may be too expensive to buy with everything else we have to afford
NOOOO!! 1 piece at a time.. if nothing else. (For me.. close though😏) It'll go way up like gold when "they" are ready to cut us off. Lol.
I can definitely see it continuing to climb
Depends on your finacial situation. If it tracked gold like it should in theory it should be way higher. In my opinion
@yocs_nav That's is correct. That's pretty much what this is about. Is it financially to expensive for people to buy with everything else going up! Good to see ya!
❤❤❤ The GSR tells you all
Yes it does
@@TheKANSASKIDD it's screaming " buy silver!!!"
Rockchalk..great video. Still buying here.
@@MikeGold22122 Keep on adding!
I think it may be for the average Stacker it all depends on their financial situation, my situation is different from others I buy what I want when I want weather in silver or gold. Thanks for the interesting video Kansas City Kidd 🐦🔥🤙
Yes, with the cost of everyday living it could be put on the back burner for some.
Silver is still massively undervalued, but that won’t last long. Its true spot value of $100-$300+ is inevitable as the financial system unravels.
And will most likely continue to climb!
My stack is at a place where im comfortable cherry picking when i decide on a piece or two now.. Junk and culls im perfectly fine with picking up and the occasional one ounce bar for my GH boxes..Im glad im along so far in the game that i dont really feel the urge to HAVE to buy to get me ware i want to be at this point. Stealing home plate at this point i guess...7 more tenths of Gold coin and my tube of 20 will be Compleat. Its taken a while to be at this stage in the game and if i never made a big purchase again id be good with that too. Your videos are really thought provoking and its enjoyable to hear your views. Thanks for your great content my friend and keep it coming. Chasing a bit of junk and bits like that sure feel good at times like this.!!
Hey 210! Appreciate it. I agree with you. Being at a spot where you feel like your gaining and not missing out is huge!!!
I haven't bought anything since it passed $28. I'm still holding out.
@billseymourjr5472 The nice thing about stacking early on is you can hold out and watch
I believe it is getting close to too much.
@@Tomscoins2021 it is getting high for sure.
@@TheKANSASKIDD I remember the last run-up to $50. It moves fast.
Not at all I still consider it a buying opportunity I started buying at 10 an ounce just picked up a 5 ounce bare and going to my LCS to pick up some gold tomorrow.
@@josefsmith3140 That's the way right there 👍👍👍
Every stacker experiences this after the price they started stacking at is in the past. Inflation and devaluation of the dollar means every year your income buys less.
But inflation will continue, and metals will continue to appreciate.
@DudeNamedRed Yes sir. Well said!
First!!!
🗽🇺🇸🗽🇺🇸
too....not yet but it may soon.
Yes it may
Done with the stack but I have fomo so I'm not done stacking...
That's the way
No. Buy Morgan’s peace and commems for $25, it feels good
Still buying. Let my stack average down my cost of new stuff. Just being more picky. Having more fun right now finding the deals. Not buying bulk. One day at a time
That's the perfect mindset right now!
I am steadily working on eliminating debt and we include purchasing PM’s in the budget as a way to preserve our wealth while scratching the collectors itch when it makes sense.
Currently, I am keeping an eye out for deals on constitutional silver and fractional gold while steering away from premium pieces. Ultimately, it’s all about transferring fiat we have budgeted over to metals and continue growing wealth.
@@EmeraldCoastStacker That is the way
Strategy change - sure, stop stackin silver - heeeeeeeeell no 😁. Keep stackin 🍯🐝🌻
@@LongLivedCoins Yes!!!!
300+ dollars for a ten ounce silver bar ?
For that price I’d rather have a 1/10 gold eagle.
@@ordinaryman1904 Bingo
Yes, Buy Gold instead !
@@MrSymbolic7 Gold is Good
Great video 👍👊it is getting pretty expensive and gold is really getting up there want more gold but gonna have to save,and silver been looking for vintage at a good price and adding some slabbed morgans
@@stackattackerwager2541 Gold is getting pretty crazy. Vintage silver is always good
I think that it is more expensive to not have silver and gold.
@@silversleuth007 That's the truth
💯 kansas kid.
I am new to stacking 7 mo. And i jad been buying ea mo. 10 to 20 oz of silver and a smill gold piece.
But today when things happen a/c busts or car needs work and having kid's i feel it to high to get what I was getting.
Vut I have evaluated my position and it may be less ea. Mo. Or hold and see what is to happen till the 1st of the years or try and find some hard to gind vintage but that is marked pretty high today as well.
I also thought about morgans uncirculated or getting the nunismatic side of thing's and become a collector but that is even limited .
So kinda of find a deal or nothing at the moment.
I got only 2 shops in the Ict. Here and the picking can be slim unless i take a trip to kc or okc but then gas is an extra expense that could of bought wt
@@bradleyozbun1012 Between KC and OKC. What's your location?
Wichita , Ict. 316 area code.
@bradleyozbun1012 Nice. Yeah, I've been to the shops in your area, besides pawn shops there really isn't much.
No their's not.
2 shops.
1 sells mostly bullion phils not bad but priced high as heck caise he know that he's got the market cornered.
2. Heartland .
They only sell what comes in the door, basically a 3rd party middleman.
So yep! The Pickens are slim. Here.
I wish I had had enough cash and coins and bullion. I would take a part of the market myself.
Oh, there is a 3rd store on the est side that opened up by the airbase
But that is strictly appoiment only and I never have time after work to even vo.e close to trying to make an appointment to see what he even has.
Must be a guy trying to suck up all the gold since it opened not long ago.
Pawn shops don't carry much at all and they bang you over the head.
I’m holding off unless I see a good sale. If it goes over $50 I liquidate some of the stash (not all)
Over $50.....definitely
If you think silver is expensive, wait till you hear about GOLD 😂
Through the roof
Too expensive . Not , to expensive.
@@patrickkwickersham6404 Whoooo fucking cares
@@patrickkwickersham6404 🤣🤣🤣
When silver gets over 32 dollars, I buy art bars
Vintage is a great option
'I'm still buying, but I am more picky now. Vintage bullion and Morgans are what I focus on now. I think there will be a rug-pull, so I am getting really heavy in cash also.
@@WorldMoneyWins I've been focusing on cash heavily as well. That's been my main focus the past 6 months or so
Never to high to buy
@@TheUrbanStackersDen-cu1vq Load up on it!!