I dont buy online period. Local dealers only. Cash only. When you're with the "Mad Max" crowd, you don't want any electronic record that the government can use to tell you are sitting on a pile of silver/gold.
Goldmart.com is a good site. Prices are the cheapest that I've found. Buy 1 or a thousand. What ever you want. Also Westminster mint. Good prices and a great variety. Rounds, bars, 1/10 ounce to 100 ounce and more. Fractional silver is a great idea for bartering if things get bad. Extra premium of course per coin. If silver goes to $200 or $400 an ounce the premium you pay today will matter very little. No one knows what silver will do, but I'm buying to fight inflation not to get rich. Look at it this way, James Turk said you could buy a tank of gas in the 50's for two silver dollars. Those same two silver dollars will still buy a tank of gas today. This is why you should buy silver. PROTECTION.
Josh, I like your videos... Keep up the positive work you do out of the passion and goodness of your heart. Your efforts, thoughts and sentiments are appreciated by many & it is actually pleasant to hear that these feedback comments are something you actively take on board. So God bless you :)
Titles like this is Unforgivable. I just started stacking myself. I like to educate myself on the do's and dont's why's and why not. it is hard enough to find videos on the other perspective on why I should not stack. Thanks for wasting my time.
Hey great video, do you have any particular coin or round to invest in? im new to this but i have bought a couple of kilos of Scottsdale stakers and some lunars. Any suggestions? Thanks.
stumbled upon your channel last night and enjoyed. I'm wondering if you've address changes in your stacking perspective since you began - sort of like a then and now retrospective on Lessons Learned.
Yes. i have learned a lot in the short time :P that i have been stacking but nonetheless I will share with you some takeaways. 1. 40% coins are cool, but not that cool 2. bullion over junk silver ( I stack for ounces ). 3. WATCH THE MARKET, Buy at appropriate times, sometimes saving your months silver purchases for the next month is worth it. 4.Lastly. Ensure your silver is stored good enough, as in airtights, etc.
started buying silver last summer up to 200 oz's , broken down mostly 1 oz rds,1/10,1/4 and 1/2 oz rds. I have also bought about 80 oz of copper rounds and bars. also have started coin roll hunting have found 23 ,40% half dolls so far.and have collected 200+ rolls of pre 1983 pennies.I know that the pennies can't be melted now but the copper in them may be worth the effort in the future.And in the very ieast I have a couple 100 bucks of coins.
+john doe The copper bullion is a total scam IMHO. They are WAY too expensive! The ONLY copper I collect are the pre-82's, (and the copper 82) cents, as they can be had at face value. That's very cheap copper. I have just over 60 lbs. of them. I used to go through rolls and fish them out. Now I just collect them from the change I get. Melting them would be a mistake even when it becomes legal. I say that for the same reason I believe melting 90% silver coins is a mistake. That destroys their recognizability. Also they are pre-weighed and are essentially all alike in that respect. They will be perfect for small purchases or for making change.
as far as the copper,what i bought ,was I looked the way they looked so the price in thay case was ok. but holding on to pre 83 pennies is as you said"cheap copper".I get $25 sealed boxes and search them(i have time to kill)and have just over 100 pounds so far.The silver coins are better as they are,when the shtf they will be easy to use.
Way to go on the roll hunting! 100 pounds is great! I would have had about 150 lbs, but when I was up to 90 lbs., I traded my copper pennies for silver, so I had to start again. I have a strong position in silver, so I'll just keep the good ones I find in change from here on. Having time to kill, though, you can't go wrong with stacking cheap copper! :)
Good advice! The problem is that it is not always easy to identify peaks and valleys until they are long past. But, I agree, now is the time to stay the course.
"Silver and other precious metals are gaining much attention, this is causing the price to go down. If less people were interested in this, the price would go up." Really!?!? Somebody needs to brush up on their economics.
@sam raven Finally someone who knows value. A lot of people buy silver hoping to make money. Silver shouldn't be looked at as an invest but rather security for your wealth. If silver ever went up to $30/oz again I would not sell.
Hey Josh, I'm just starting out and have a few .999 1 oz bars and rounds but I was wondering if I should just stack some basic silver dollars like Morgans as they are 90% silver and I can pick them up for around $23 after taxes at a local Pawn shop. The shipping kills me at APMEX since I only can buy a few at a time so not having that $10 charge would keep me closer to spot price. Any thoughts on that? Thanks!
hey man how goes it? yes some websites out there have a great variety of products and little to no shipping charges. Shipping is a HUGE factor in the Physical silver trade ! jmbullion might sound great to you. check it out! Also morgans are great, but they arnt exactly 100% silver etc etc. if you like morgans and you want to collect them , then i see nothing wrong with it, and at 23$ thats a decent price for them
Jonathan C. I think you are getting your number base on the fact that 1 Morgan dollar contains .715 ozt (accounting for circulation, they were minted with a smidge more) And you were assuming that a morgan weighs one ounce? But that is just the actual silver weight in the coin not counting the extra 10 percent of copper, and what not.
ahh haha did i really say that? haha im sorry didnt catch that. thanks bud, yea i know .77 oz or close . they trade like 1oz of silver though(price wise)
if you only started buying on the st January 2016 and sold today (27th Feb) ...... you'd be up 13% in pounds sterling, no brainer if you ask me. been buying for years and will continue to buy. We need to get more and more younger people into gold and silver. and educate them on exactly what money is.
Nice video and good information. I started stacking when silver was @ $22 back in June all the way down. Currently have 805 oz and will keep stacking as the price continues to go down.
The only reason you should get rid of your current stack of miscelaneous silver, is to swap into current year silver pandas, these will have the best premiums in time compared to most silver coins out there. Sure price is slightly higher initially but percentage gains will be far more.
Hi Josh.I am a newbie to this I am thinking of buying some silver 1 ounce brittanias. Do you think the price will drop again or is it on its way up now. Would apreciate your views
+alamo11 If your buying silver don't really look at when the price will go up or not. Precious metals are financial security and a LONG term investment. If you're looking to make a quick buck silver is not for you.
The painful reality, unrecognized by most is this - it is far easier to position and hedge into extremes in CTFC-COT reporting than endlessly whine about the “Criminal” rigging taking place. It has been the layup trade of the past five years and counting. Hedging downside risk is a simply matter - there are a number of ways to accomplish this and yet rarely, if ever, is it discussed. There is nothing you or I can do about the actions within the stateside paper circus - other than accept delivery and offset our physical holdings with a pair.Hedge Funds had been near record long Silver until the 18th of April. Of late they have been thinning their positions - slowly. There has been no rush for the exits as Price has declined and yet Ag is down $1.50+ in relatively short order. The 200 DSMA was violated on April 25th with low volume. We can expect a further reduction in Longs this reporting period.Silver is vulnerable to further price declines, Gold should be saddling up for the same over the coming weeks as we enter the Month of May. For Sellers to be able to buy back their positions (Cover) - Volumes must increase dramatically as their remains stronger hands engaged on the Long Side. Consider what will be required to break their positions. On the opposing side of the trade - Physical delivery has been increasing, so much so it has exceeded delivery limits by 106%. I am watching Gold - the level has been set to 1236 - from there we simply watch the rules of the road. They will be followed regardless of the unending dramas purported by the Precious Metals Media Mafia. The usual suspects should be obvious by now. We are approaching resolution into August. A long hot summer for the metals lay ahead. Wild volatility and a great many surprises along the way will stub out the remaining embers of speculative whimsy and hope. This is precisely what is required to begin the next Bull Market in Precious Metals.If you are unable to offset your Long, hold your nose and wait for opportunity to accumulate. You make your money when you buy and collect when you sell. Selling your gains will be tempting along the way, people’s needs are very different when it comes to collecting. I suspect a great many will sell far too soon. It’s how it has played itself out time and again.
Just seen your video and hope youre still stacking. The days are getting numbered Im sure. once the price bottoms out as determined by JP Morgan chase it might last a month or so and then its gonna explode. Theyre sitting on 550 million ounces right now and when they say when this game is over.
Ron B. Watch my latest video's specially the 1 called "Why I'm buying Lunar Series Coins over Silver Eagles" I talk about the true facts of Silver. Good luck on your Precious Metal investment.
The benefit is that you only own something that you actually HAVE. If you buy into GLD, SLV, shares both senior and junior, futures contract, etc., all you are buying is the PROMISE from someone else that they will give you that item at some future date. IOWs, an IOU. And what good is that IOU if the issuer goes under? Have you ever tried to get a warranty honored after the company goes bankrupt? Have you ever tried to cash out an IOU after the issuer has died, or went insolvent? Promises are only worth what the issuer of that promise wishes them to be. That means that the value of the IOU that you hold, is only worth what HE wants it to be, at any given time. And that includes ZERO. On the other hand, physical metal that you have in your hand is always worth whatever you can sell it for, and never owes anything to anyone. In the trade, that is called" "no counterparty risk". The counterparty risk is that whoever made you that promise might not be around to fulfill it due to previous obligations to others, as well as to you. That is the risk that is inherent to any IOUs, or promises to pay up later.
I Think it is time to horde it, like always. Cheap silver is way easier to store obviously haha. If you can get more, DO IT. Hold it, protect it. It will help you in the future. Think about it, you could sell in the future for houses etc or for the next generation.
Silver stacking should only be done with an eye for the long term and it's not for the nervous. I have about half my savings going into a 401(k) and 1/4 in cash, and 1/4 in silver. I don't give a good rat's behind if it goes to $3. I'll simply buy more. There is no way it'll become as worthless as the GM preferred I had that shit the bed and is worth nothing today. If it's my heirs that see the major rise in its value, that's okay too. I love the stuff. I buy a certain amount every month and it grows at a steady pace. Oh, yeah...I think your title for this video is a cheap shit way to get viewers and I'll not look at anything else you put out.
For the average investor NOW is the time to buy, prices are lower than they have been, the dollar is being devalued daily, and the economy is unstable at best. If you are a short term investor and like risk then yes wait to buy silver. 90% of the move occurs in the last 10% of the time. You can invest in more opportune situations that will make you more in the long run but the risk of loosing out is higher. For long term/prepper investments then buy NOW.
Unless you want a "pretty" coin, which costs more, look at buying the most metal for your investment. This comes in the form of silver rounds and silver bars. Gold Goliath offers the best prices on silver on the internet with great service and no hidden fees.
you think it's good to buy now or wait longer. I know the dollar is strong and the economy is going well and the feds plan on raising rates 4 times in 2017. You think it will get close to $10 by the end of 2017. I new to silver stacking.
start stacking now get ahead of the game its low now at 15.85 if it goes lower great but now is the time it could very well go up as easily as down JP Morgan is stacking silver like crazy millions of ounces theres a reason for that im following there lead they always win
Not sure why so many haters are in the comments, Anybody that watches stacking videos knows that many have sarcastic titles. Keep doing your thing Josh
geniusmarketing08 although sweet coins are nice but have high premiums . i own a few pricey stuff, my personal favorite are the pandas, but in the end get whatever YOU want. i am only a guide, id say some kooks, pandas then rounds , eagles. dont have all your eggs in one basket right? bradgonewild bars are a another way to stack. i have a few bars as well. some say, like i stated above, that special coins are a good investment, but having a diverse portfolio in a sense is always a good bet. cheers :)
Now up to 21...watch, I bet it does a nice drop for a while when they start a war. BUT, it will crash. And silver will soar. SO, buy now!! And do NOT sell it:)
Honestly you are right. Never in history has gold or silver NEVER had value. ITS ALWAYS BEEN VALUABLE! Thats all that matters so I don't see how you can be wrong in stacking gold or silver..... Keep stacking brotha
+peter chahal Larger pieces of silver like the big bars would only be necessary for large purchases, or to trade (sell) for whatever the new currency ends up being. It's best to get mostly small silver, like the 90% dimes, quarters, and halves. 1 oz silver eagles are great too, as well as other national mint bullion.
honestly I'm losing faith in silver. look if you want to make any substantial cash IF it sky rocketed again which it might, you would need major weight to reap any real benefits. I'm talking 1000+ ounces, but with that initial investment of 20k, you could put it down on a rental property and quickly, and much more certainly reap benefits, especially today in this buyers market, I'm finding already rented condos and apartments for sale already occupied at 40-60k, atleast you can finance that comfortably, without to much worry
+ROBINSON4942 My perspective on precious metals is to invest for the long term, to retain wealth if the US $ plummets due to economic woes and severe inflation. I'm not so sure I would sell in the short term even if the price of silver shot up. i suppose it comes down to one's faith in the $.
LOL...you sucked me in with the title. I was thinking "What? Sell?" Just had to check out why in the world you were advising that. :D Wish I knew a little more about whether it is better to buy gold vs. silver, larger sizes vs. small, etc. You know...the basic info. Maybe you have posted a video on this already? I guess I just haven't researched it much, and have just gotten into metals in the last year or so. I'm trying to get ready for when the zombies come. Oh wait....they're in Washington already. ;)
hi, i got screwed on morgans, trade dollars and one dol. on the back also with a lady seated ... about ten, they are so real looking but the weight is just way off... what do i do? I CAN´T GET MY MONEY BACK AND I AM NOT THAT DUMB ANYMORE; I HAVE GOTTEN LUCKY AND I ALSO FULLY AGREE WITH YOU! DO MY FAKES HAVE A NUMISMATIK VALUE THAT I HAVE HEARD ABOUT? THANKS!
Simon Potter I think people were more upset about the explanation behind the title rather than the fanboy mentality of, "They don't understand him like I do."
+Mike Williams As the supply decreases and technology/industry increases, stackers going to be making some money. money in whatever form it will take 50 years from now.
+Leo Figueroa Or in a dollar devaluation.....and it is coming.Either way, silver and gold have been hedges against debased currency for 6,000 years. If humanity survives, it will be barter based as it has for millenia. USA is just not ready for it.
THE PROBLEM IS JP MORGAN IS THE BIGGEST AND OWNER OF SILVER. THE FED AND BANKS IN ENGLAND ARE THE BIGGEST SHORTER IN THE WORLD. IT HIT RIGHT AROUND 50 BUCKS. THEN IT RASHED. IT'S MUCH ABOUT MANIPULATION.
Any time I have bought silver it has been between 14 and 17 dolloars . So I don't see what I could lose. And some of us don't stack for profit. I stack as insurance for a failing dollar. Also if you put money in the bank you are garenteed to lose value from inflation. The whole concept of the dollar only exists because of precious metals. Do your homework nay-sayers!
H Se I bought then and I buy more now. I hope it goes down to $6 an ounce so I can buy even more. I make my money and Investments elsewhere. Some people like cars , Hunting Fishing... My hubby is silver collecting and I can use it also as a hedge against the economy! You can't beat that
I like people who put a hundred or more dollars into there 401k every month. They don't actually own anything physical. These same persons trust there investor to do all of the work and pick what stock they should buy. They don't monitor it and just trust that some day the stock they bought will be higher. Stocks win, stocks fall, that is life. Silver and gold go up and they do down. Silver & gold ARE stocks but with more benefits and lower risk. Plus you actually OWN something. I hope others DONT buy this way the prices stay low ans stock plentiful, its been very hard to find silver in my area.
+ndrthrdr1 Good for you. I sold my stack when silver peaked in 2011, I will tell you that now is the time to be buying. Like gas it's so cheap right now it's crazy. I'm buying again also.
Cool video bud,man some of the comment or fuck up.to all the guys with the bad comment,this guy take some time all of his life to make a video and share with the world, if some of you don't like the video or thinking that he misleading people, you guys can leave nicer comments.telling him that not right or don't watch it.keep do your thing brother,like and sub
For information → 1913 Liberty Head Nickel - extremely rough fake → see the topic: "1913 5C Liberty - a rough fake sold for 3.1 million dollars", under the link below: kladoiskatel.kiev.ua/forum/viewtopic.php?f=6&t=7203
Well, if you even remotely understand the principles surrounding why I choose the title that I did you would then understand. Until then, thanks for the view.
whew thought maybe you sold like a sane person. next time you want to flush 50 percent of the money you earn down the toilet let me know. like so next time you go to work for 8 hours, just tell your boss to give me 4 hours of that pay.
I dont buy online period. Local dealers only. Cash only. When you're with the "Mad Max" crowd, you don't want any electronic record that the government can use to tell you are sitting on a pile of silver/gold.
Goldmart.com is a good site. Prices are the cheapest that I've found. Buy 1 or a thousand. What ever you want. Also Westminster mint. Good prices and a great variety. Rounds, bars, 1/10 ounce to 100 ounce and more. Fractional silver is a great idea for bartering if things get bad. Extra premium of course per coin. If silver goes to $200 or $400 an ounce the premium you pay today will matter very little. No one knows what silver will do, but I'm buying to fight inflation not to get rich. Look at it this way, James Turk said you could buy a tank of gas in the 50's for two silver dollars. Those same two silver dollars will still buy a tank of gas today. This is why you should buy silver. PROTECTION.
Josh, I like your videos... Keep up the positive work you do out of the passion and goodness of your heart. Your efforts, thoughts and sentiments are appreciated by many & it is actually pleasant to hear that these feedback comments are something you actively take on board.
So God bless you :)
Titles like this is Unforgivable. I just started stacking myself. I like to educate myself on the do's and dont's why's and why not. it is hard enough to find videos on the other perspective on why I should not stack. Thanks for wasting my time.
SELL YOUR SILVER FAST!!!!!, so I can buy it :)
Hey great video, do you have any particular coin or round to invest in? im new to this but i have bought a couple of kilos of Scottsdale stakers and some lunars. Any suggestions? Thanks.
stumbled upon your channel last night and enjoyed. I'm wondering if you've address changes in your stacking perspective since you began - sort of like a then and now retrospective on Lessons Learned.
Yes.
i have learned a lot in the short time :P that i have been stacking but nonetheless I will share with you some takeaways.
1. 40% coins are cool, but not that cool
2. bullion over junk silver ( I stack for ounces ).
3. WATCH THE MARKET, Buy at appropriate times, sometimes saving your months silver purchases for the next month is worth it.
4.Lastly. Ensure your silver is stored good enough, as in airtights, etc.
started buying silver last summer up to 200 oz's , broken down mostly 1 oz rds,1/10,1/4 and 1/2 oz rds. I have also bought about 80 oz of copper rounds and bars. also have started coin roll hunting have found 23 ,40% half dolls so far.and have collected 200+ rolls of pre 1983 pennies.I know that the pennies can't be melted now but the copper in them may be worth the effort in the future.And in the very ieast I have a couple 100 bucks of coins.
+john doe The copper bullion is a total scam IMHO. They are WAY too expensive! The ONLY copper I collect are the pre-82's, (and the copper 82) cents, as they can be had at face value. That's very cheap copper. I have just over 60 lbs. of them. I used to go through rolls and fish them out. Now I just collect them from the change I get. Melting them would be a mistake even when it becomes legal. I say that for the same reason I believe melting 90% silver coins is a mistake. That destroys their recognizability. Also they are pre-weighed and are essentially all alike in that respect. They will be perfect for small purchases or for making change.
as far as the copper,what i bought ,was I looked the way they looked so the price in thay case was ok. but holding on to pre 83 pennies is as you said"cheap copper".I get $25 sealed boxes and search them(i have time to kill)and have just over 100 pounds so far.The silver coins are better as they are,when the shtf they will be easy to use.
Way to go on the roll hunting! 100 pounds is great! I would have had about 150 lbs, but when I was up to 90 lbs., I traded my copper pennies for silver, so I had to start again. I have a strong position in silver, so I'll just keep the good ones I find in change from here on. Having time to kill, though, you can't go wrong with stacking cheap copper! :)
I am putting it all asiide for the future silver,copper and even" lead" will be worth something when the economy dies.
Good advice!
The problem is that it is not always easy to identify peaks and valleys until they are long past.
But, I agree, now is the time to stay the course.
"Silver and other precious metals are gaining much attention, this is causing the price to go down. If less people were interested in this, the price would go up." Really!?!? Somebody needs to brush up on their economics.
@sam raven Finally someone who knows value. A lot of people buy silver hoping to make money. Silver shouldn't be looked at as an invest but rather security for your wealth. If silver ever went up to $30/oz again I would not sell.
Hey Josh,
I'm just starting out and have a few .999 1 oz bars and rounds but I was wondering if I should just stack some basic silver dollars like Morgans as they are 90% silver and I can pick them up for around $23 after taxes at a local Pawn shop. The shipping kills me at APMEX since I only can buy a few at a time so not having that $10 charge would keep me closer to spot price.
Any thoughts on that?
Thanks!
hey man how goes it? yes some websites out there have a great variety of products and little to no shipping charges. Shipping is a HUGE factor in the Physical silver trade ! jmbullion might sound great to you. check it out! Also morgans are great, but they arnt exactly 100% silver etc etc. if you like morgans and you want to collect them , then i see nothing wrong with it, and at 23$ thats a decent price for them
Morgans are 72% silver, by the way. they have a lot of intrinsic value for the amount of silver they contain, however.
Jonathan C. 72% you might want to double check that. All of the Morgans I owe are 90%
Jonathan C. I think you are getting your number base on the fact that 1 Morgan dollar contains .715 ozt (accounting for circulation, they were minted with a smidge more) And you were assuming that a morgan weighs one ounce? But that is just the actual silver weight in the coin not counting the extra 10 percent of copper, and what not.
ahh haha did i really say that? haha im sorry didnt catch that. thanks bud, yea i know .77 oz or close . they trade like 1oz of silver though(price wise)
if you only started buying on the st January 2016 and sold today (27th Feb) ...... you'd be up 13% in pounds sterling, no brainer if you ask me. been buying for years and will continue to buy. We need to get more and more younger people into gold and silver. and educate them on exactly what money is.
Awww man the title tricked me, very sound advice Josh.
Nice video and good information. I started stacking when silver was @ $22 back in June all the way down. Currently have 805 oz and will keep stacking as the price continues to go down.
The only reason you should get rid of your current stack of miscelaneous silver, is to swap into current year silver pandas, these will have the best premiums in time compared to most silver coins out there. Sure price is slightly higher initially but percentage gains will be far more.
Hi Josh.I am a newbie to this I am thinking of buying some silver 1 ounce brittanias. Do you think the price will drop again or is it on its way up now. Would apreciate your views
+alamo11 If your buying silver don't really look at when the price will go up or not. Precious metals are financial security and a LONG term investment. If you're looking to make a quick buck silver is not for you.
Hey Josh great video and I'm staying the course as well bro!!!
The painful reality, unrecognized by most is this - it is far easier
to position and hedge into extremes in CTFC-COT reporting than
endlessly whine about the “Criminal” rigging taking place. It has been
the layup trade of the past five years and counting. Hedging downside
risk is a simply matter - there are a number of ways to accomplish this
and yet rarely, if ever, is it discussed.
There is nothing you or I can do about the actions within the stateside paper circus - other than accept delivery and offset our physical holdings with a pair.Hedge Funds had been near record long Silver until the 18th of April. Of late
they have been thinning their positions - slowly.
There has been no rush for the exits as Price has declined and yet Ag is down $1.50+ in
relatively short order.
The 200 DSMA was violated on April 25th with low volume.
We can expect a further reduction in Longs this reporting period.Silver is vulnerable to further price declines, Gold should be saddling up for the same over the coming weeks as we enter the Month of May.
For Sellers to be able to buy back their positions (Cover) - Volumes must
increase dramatically as their remains stronger hands engaged on the
Long Side.
Consider what will be required to break their positions.
On the opposing side of the trade - Physical delivery has been increasing, so much so it has exceeded delivery limits by 106%.
I am watching Gold - the level has been set to 1236 - from there we
simply watch the rules of the road. They will be followed regardless of
the unending dramas purported by the Precious Metals Media Mafia.
The usual suspects should be obvious by now.
We are approaching resolution into August. A long hot summer for the
metals lay ahead. Wild volatility and a great many surprises along the
way will stub out the remaining embers of speculative whimsy and hope.
This is precisely what is required to begin the next Bull Market in Precious Metals.If you are unable to offset your Long, hold your nose and wait for
opportunity to accumulate. You make your money when you buy and collect
when you sell.
Selling your gains will be tempting along the way, people’s needs are very different when it comes to collecting. I suspect a great many will sell far too soon.
It’s how it has played itself out time and again.
Just seen your video and hope youre still stacking. The days are getting numbered Im sure. once the price bottoms out as determined by JP Morgan chase it might last a month or so and then its gonna explode. Theyre sitting on 550 million ounces right now and when they say when this game is over.
smart guy doing your homework
New to this. What is the benefit of holding physical silver as oppose to an ETF or Futures contract?
Ron B. Watch my latest video's specially the 1 called "Why I'm buying Lunar Series Coins over Silver Eagles" I talk about the true facts of Silver. Good luck on your Precious Metal investment.
The benefit is that you only own something that you actually HAVE. If you buy into GLD, SLV, shares both senior and junior, futures contract, etc., all you are buying is the PROMISE from someone else that they will give you that item at some future date. IOWs, an IOU. And what good is that IOU if the issuer goes under? Have you ever tried to get a warranty honored after the company goes bankrupt? Have you ever tried to cash out an IOU after the issuer has died, or went insolvent? Promises are only worth what the issuer of that promise wishes them to be. That means that the value of the IOU that you hold, is only worth what HE wants it to be, at any given time. And that includes ZERO.
On the other hand, physical metal that you have in your hand is always worth whatever you can sell it for, and never owes anything to anyone. In the trade, that is called" "no counterparty risk". The counterparty risk is that whoever made you that promise might not be around to fulfill it due to previous obligations to others, as well as to you. That is the risk that is inherent to any IOUs, or promises to pay up later.
What do u think of silver now that its close to 2018? I think silver is cheaper now then it was when you made this viedo...
I Think it is time to horde it, like always. Cheap silver is way easier to store obviously haha. If you can get more, DO IT. Hold it, protect it. It will help you in the future. Think about it, you could sell in the future for houses etc or for the next generation.
Great video,keep on stacking ones that don't get it can keep on cracking!
Great video Josh. I subbed!
Buckle in guys, the rollercoaster has begun.
If silver is down, then that's when you buy.
Silver stacking should only be done with an eye for the long term and it's not for the nervous. I have about half my savings going into a 401(k) and 1/4 in cash, and 1/4 in silver. I don't give a good rat's behind if it goes to $3. I'll simply buy more. There is no way it'll become as worthless as the GM preferred I had that shit the bed and is worth nothing today. If it's my heirs that see the major rise in its value, that's okay too. I love the stuff. I buy a certain amount every month and it grows at a steady pace.
Oh, yeah...I think your title for this video is a cheap shit way to get viewers and I'll not look at anything else you put out.
For the average investor NOW is the time to buy, prices are lower than they have been, the dollar is being devalued daily, and the economy is unstable at best. If you are a short term investor and like risk then yes wait to buy silver. 90% of the move occurs in the last 10% of the time. You can invest in more opportune situations that will make you more in the long run but the risk of loosing out is higher. For long term/prepper investments then buy NOW.
Silver is an awesome element...
I hate the misleading titles !!!!!
Unless you want a "pretty" coin, which costs more, look at buying the most metal for your investment. This comes in the form of silver rounds and silver bars.
Gold Goliath offers the best prices on silver on the internet with great service and no hidden fees.
I'll keep buying silver till the day my dollar doesnt buy anything :D
you think it's good to buy now or wait longer. I know the dollar is strong and the economy is going well and the feds plan on raising rates 4 times in 2017. You think it will get close to $10 by the end of 2017. I new to silver stacking.
start stacking now get ahead of the game its low now at 15.85 if it goes lower great but now is the time it could very well go up as easily as down JP Morgan is stacking silver like crazy millions of ounces theres a reason for that im following there lead they always win
Not sure why so many haters are in the comments, Anybody that watches stacking videos knows that many have sarcastic titles. Keep doing your thing Josh
keep stacking bro. whats your opinion on buying silver bars?
forget low premium bars, buy current year Pandas instead. In a few years you'll be thanking Josh for letting me answer your question wisely ;-)
geniusmarketing08 although sweet coins are nice but have high premiums . i own a few pricey stuff, my personal favorite are the pandas, but in the end get whatever YOU want. i am only a guide, id say some kooks, pandas then rounds , eagles. dont have all your eggs in one basket right?
bradgonewild bars are a another way to stack. i have a few bars as well. some say, like i stated above, that special coins are a good investment, but having a diverse portfolio in a sense is always a good bet.
cheers :)
Now up to 21...watch, I bet it does a nice drop for a while when they start a war. BUT, it will crash. And silver will soar. SO, buy now!! And do NOT sell it:)
When they say to stop buying silver then It time buying silver and at least keep it for 20 to 30 year then sell them or pass it on to your children
+Kaboom Winn I love how people buy when it's the highest and sell lowest.
+themanginaman Gotta love the herd mentality, eh? ;)
I love you Josh Silver!!! You are the best on TH-cam!!!
Haha thank you for the comment, i enjoyed it thoroughly.
Stack silver. LIKE A BOSS.
hi pal, try get some gold too , they are a shade better in preserving wealth as gold price is less volatile, I like both anyway. cheers
Nov 1 2014: Silver at 4 year low $15.92. Time to buy or time to wait. Bloomberg says metals will drop yet more.... $12 silver by December 2014?
Yep! All these guys buying because "silver is on sale" that's funny stuff.
gold-forum.kitco.com/showthread.php?133315-Is-the-ETF-Party-over&highlight=
Nice silver stack, and good video i enjoyed watching it, silver is an awesome investment, so is gold and now is the time to buy!
Honestly you are right. Never in history has gold or silver NEVER had value. ITS ALWAYS BEEN VALUABLE! Thats all that matters so I don't see how you can be wrong in stacking gold or silver..... Keep stacking brotha
is it OK to buy kilo bars instead coins? please some expert advise I need. thanks
+peter chahal Larger pieces of silver like the big bars would only be necessary for large purchases, or to trade (sell) for whatever the new currency ends up being. It's best to get mostly small silver, like the 90% dimes, quarters, and halves. 1 oz silver eagles are great too, as well as other national mint bullion.
honestly I'm losing faith in silver. look if you want to make any substantial cash IF it sky rocketed again which it might, you would need major weight to reap any real benefits. I'm talking 1000+ ounces, but with that initial investment of 20k, you could put it down on a rental property and quickly, and much more certainly reap benefits, especially today in this buyers market, I'm finding already rented condos and apartments for sale already occupied at 40-60k, atleast you can finance that comfortably, without to much worry
+ROBINSON4942 If you are selling - let me know
+ROBINSON4942 My perspective on precious metals is to invest for the long term, to retain wealth if the US $ plummets due to economic woes and severe inflation. I'm not so sure I would sell in the short term even if the price of silver shot up. i suppose it comes down to one's faith in the $.
I have faith in the $, I just see a short term crash coming.
Remember in 1980 silver was $ 50. It went to $5 and stayed there for over 20 years.
+cooldog60 I remember that. Twos guys held majority of the worlds silver and made it sky rocket 700%.
+cooldog60 - $50 for like a day. If it trended around $50 and then went down to $3 in the 90's, that'd be another story.
Keep stacking silver pieces.
what is the best value silver to buy from the Perth mint because i live in Perth
well perth mint has very pricy coins and bars as you know. i find the silver crocs are slightly less expensive and they look sweet too!
Thanks for posting! Started my stack today.
i will say something, someone told me when i started. "This is the start, times will be tough but never quit, stack on brother!"
I understand Completely!!!!! I'll keep you posted.
June 4, 2014 silver closed at $18.78 and has now lost 25% in two years, nothing else to be said. See you at $7.
If less people were interested the price would go up?
LOL...you sucked me in with the title. I was thinking "What? Sell?" Just had to check out why in the world you were advising that. :D Wish I knew a little more about whether it is better to buy gold vs. silver, larger sizes vs. small, etc. You know...the basic info. Maybe you have posted a video on this already? I guess I just haven't researched it much, and have just gotten into metals in the last year or so. I'm trying to get ready for when the zombies come. Oh wait....they're in Washington already. ;)
great video liked and subscribed
i agree buy if you want dont buy if you dont want to i dont have much money but i will buy when i want and what i want
hi, i got screwed on morgans, trade dollars and one dol. on the back also with a lady seated ... about ten, they are so real looking but the weight is just way off... what do i do? I CAN´T GET MY MONEY BACK AND I AM NOT THAT DUMB ANYMORE; I HAVE GOTTEN LUCKY AND I ALSO FULLY AGREE WITH YOU! DO MY FAKES HAVE A NUMISMATIK VALUE THAT I HAVE HEARD ABOUT? THANKS!
Great video dude. Don't listen to the negativity, some people just don't understand metals as money.
Simon Potter I think people were more upset about the explanation behind the title rather than the fanboy mentality of, "They don't understand him like I do."
18.42 has been moving up with trump fear silver is the only game in town
Hear,Hear From a confirmed stacker
Hell I just thought you wanted to buy my silver when I got out. LOL.
$ 14 today! Maybe $10 next year.
+cooldog60 $10 next year, maybe $50 in 10 years
cooldog60 sheesh
Silver is an overproduced industrial commodity. No longer money.
+Mike Williams As the supply decreases and technology/industry increases, stackers going to be making some money. money in whatever form it will take 50 years from now.
+Leo Figueroa Or in a dollar devaluation.....and it is coming.Either way, silver and gold have been hedges against debased currency for 6,000 years. If humanity survives, it will be barter based as it has for millenia. USA is just not ready for it.
I was hoping for a real argument in this video lol
Time to buy is now...
those PAMP bars have enormous premiums... why u buying those?
+Jiten Shrestha Cus they are pretty.
THE PROBLEM IS JP MORGAN IS THE BIGGEST AND OWNER OF SILVER. THE FED AND BANKS IN ENGLAND ARE THE BIGGEST SHORTER IN THE WORLD. IT HIT RIGHT AROUND 50 BUCKS. THEN IT RASHED. IT'S MUCH ABOUT MANIPULATION.
Any time I have bought silver it has been between 14 and 17 dolloars . So I don't see what I could lose. And some of us don't stack for profit. I stack as insurance for a failing dollar. Also if you put money in the bank you are garenteed to lose value from inflation. The whole concept of the dollar only exists because of precious metals. Do your homework nay-sayers!
So basically you mislead people so you can get views on the video.
Not cool
naw it was aimed at the silver nah sayers man :P
No worries ;)
Silver Destiny Do you wish you sold it now?
H Se I'm never selling my silver no matter the price.
I'm not buying it for investment purposes, but for fun, to pass down or SHTF purposes.
H Se I bought then and I buy more now.
I hope it goes down to $6 an ounce so I can buy even more.
I make my money and Investments elsewhere.
Some people like cars , Hunting Fishing...
My hubby is silver collecting and I can use it also as a hedge against the economy!
You can't beat that
I like people who put a hundred or more dollars into there 401k every month. They don't actually own anything physical. These same persons trust there investor to do all of the work and pick what stock they should buy. They don't monitor it and just trust that some day the stock they bought will be higher.
Stocks win, stocks fall, that is life. Silver and gold go up and they do down. Silver & gold ARE stocks but with more benefits and lower risk. Plus you actually OWN something. I hope others DONT buy this way the prices stay low ans stock plentiful, its been very hard to find silver in my area.
I like the pandas also but hope they are all solid silver.
When fewer people are interested in silver, the price goes UP?! What sort of supply and demand theory is that based on?
I started buying silver two months ago.
+ndrthrdr1 Good for you. I sold my stack when silver peaked in 2011, I will tell you that now is the time to be buying. Like gas it's so cheap right now it's crazy. I'm buying again also.
February 20, 2015 SLV close: $15.54...
Cool video bud,man some of the comment or fuck up.to all the guys with the bad comment,this guy take some time all of his life to make a video and share with the world, if some of you don't like the video or thinking that he misleading people, you guys can leave nicer comments.telling him that not right or don't watch it.keep do your thing brother,like and sub
Still stackin'
Mark Sibrac and Zelma Marc are in love. Perhaps
SELL SELL SELL, NO WAIT BUY BUY BUY , NO WAIT , IN A DEPRESSION WHATS WORTH MORE 1 ONCE SILVER OR 1 OUNCE LIQUOR???
I got two coins dated 1882 and 1923 for sale
hey man sorry for my lame comments , i can be a real jerk some times , i totaly appolagize
:P All good man, i can take any sort of talk haha
now is a time to buy between 13$ and 14$ it should stay low for the next few years
For information → 1913 Liberty Head Nickel - extremely rough fake → see the topic: "1913 5C Liberty - a rough fake sold for 3.1 million dollars", under the link below:
kladoiskatel.kiev.ua/forum/viewtopic.php?f=6&t=7203
Coins are dumb, silver is silver.
I'm a stacker..
i am a glich..
Why trick people into clicking. Scrub...
Sorry, that was harsh. I chance my comment. You do have a lot of good other vids.
Well, if you even remotely understand the principles surrounding why I choose the title that I did you would then understand. Until then, thanks for the view.
Your weak son.
It's gonna shooooot to the mooooom
Admitting it's click bait. Thanks
By listening to you, I know that you don't know much about financial markets or economics.
word
Buy silver go broke!
I don't mind your video so much but what I do mind is your title is so misleading & you will lose money! Thanks for sharing.
If you came here, CLICKBATE!
Silver is Shit all these guys lost all there cash and the price will continue to go to Zero
I hate when people do stupid shit like that with video titles.
Though I do agree with stacking silver, I'm thumbing this down
you buy silver and gold to retain wealth. Why sell silver and gold for money american money that will be worth nothing very soon.
kieran franey Fast forward today, and nothing has changed...
whew thought maybe you sold like a sane person. next time you want to flush 50 percent of the money you earn down the toilet let me know. like so next time you go to work for 8 hours, just tell your boss to give me 4 hours of that pay.
Silver nay Sayers so salty! Lol 😂😂
change your title
misleading title