Gold today reached a spot price that was close to the highest ever in history. However, even with silver also allegedly 'skyrocketing' in its spot price it is still only reached about 50% of its previous high. In 2011 and 2012, the AVERAGE spot price of silver for these two entire years was about $35.00 per ounce. Imo, it's better to stock-up with physical silver while you can, as silver still appears to be undervalued. 🙂
@@lmilostr because nothing lasts forever. Them losing control = them losing their ability to monkey hammer precious metals, especially silver. China and India are on the way to becoming rich nations, all on the back of silver pretty much.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed. ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed. ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
Keep a close eye on other countries saying that they are no longer using the dollar as currency but rather using the Chinese and Russian currency like Kenya and Brazil. It's going to get worse.
I wonder how high it will go? Time to plan an exit strategy. Tough to know when to sell as my gut feeling is that medium to long-term the outlook for gold is pretty bullish. When everyone floods into gold and it gets talked about all the time, and then your neighbour and co-workers start buying it, I think it's time to exit. And then buy back in when it drops and settles.
@@SilverDragons47 you’ve said it before, the prices even on the way up are still cheap currently. I plan to keep stacking as much as I can afford while the prices are still “low”.
When silver returns to its historic ratio of 8 to1 - 16 to 1 to gold, that's when it goes super crazy... since there is more gold then silver above ground, and demand for industrial silver is ever increasing, the ratio will drop significantly IMO.
I’ve been stacking silver in the past two months and the price has been notably higher when purchasing within a couple weeks of each other. With the rally, all my purchases have been holding up to spot and increasing in value from week to week. It’s a beautiful thing.
Silver is going to $1000. never sell! I have been stacking for over 20 years even bought some at $35/oz, it was still a good buy. But when Silver hits $1000 the dollar will be like Zimbabwe dollar worthless. Think about picking up some goldbacks, will be more liquid than silver.
The days of cheap silver are long gone and soon enough, any fractional gold will be so expensive premium wise. And “the whole enchilada” reference always reminds me of Friday the 13th part 6 lol
What I have concluded with PM, I do not measure the strength of my stack on fiat value of currency. Cause when it comes to holding them weather you buy it on the way down or up it will reflect it’s value at the point in time. Point is don’t be discouraged to stack when prices go up or down stay with in your living expenses nothing is worth destroying your financial life.
@@lmilostr people buy an oz of gold now at the price it’s at and that is a prayer and hope silver goes that high. Your opinion is noted but fiat is only recognized in the exchange market deems it worth anything.
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed. ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
@@SilverDragons47 Nope.... Monument Metals shipped my orders out the next day, Hero Bullion in 3 days and Money Metals in 3 days... SDBullion took over 20 days to ship... They have a problem not everyone else.
My LCS was pretty busy today, its a tiny shop, and it was packed with buyers...seems everyone wants 90% silver right now. The owner said more than half the people in today wanted dimes,quarters and halves...but he only had Numi halves and silver dollars. He did have some buffalo/Indian rounds left, and a 100 ounce bar.
We’ll see. This seems to be on the back of the jobs numbers report. We still got BRICS making big moves fast. Might dip back under $2k but I don’t see it dropping under $1975 for awhile but we’ll see.
I thinking its crazy times, Gold and Silver will keep moving up overall, I think January and February were the time to buy this year. I wil still purchase litte amounts every week but not like i did when it was 20 an oz with 2.50 premium.
When referring to the 'price' you should actually adjust for inflation. With silver topping out at $50,00 (appx) in 1980, inflation adjusted for silver to hit the equivalent nominal level it would have to be $182.55 US Dollar, for gold 1980 inflation adjusted would be $2424.00 so in the future please use inflation adjusted to give a truer picture of value. Thanks
Can someone please help me understand something??? If silver and gold are a store of value and are going to explode higher in price in the future due to the collapse of the dollar, why do coin shops like SD bullion and Peter Schiff Gold sell their inventory??? Why not just hold?
The spike from today was caused by the JOLTS announcement. It's the first time it droped under 10M since 2021. The next interesting day will be Friday.
Friday will be the Non Farm Payroll for March release. At this moment is approximated at 240k. If it will be lower than 240k it's bad for economy/USD and Silver will posibly spike again.
Hey Silver Dragon, I always hear Gold and Silver is going up. But as I think about things, isn't it more that Gold and Silver is really staying the same? I mean, you can still buy today about the save value as you could buy 100 years ago, such as food, fuel, housing etc, So I think reality is Gold and Silver is the same value, but the dollar is tanking big time. Would that be more correct? Or am I missing something?
I think of that too. Simply I think inflation is making silver going up. The hundreds of millions printed in days. I don’t think the value is actually going up just the currency value going down and making silver seem higher
Yes, but if one sells their physical silver/gold bullion, you will recieve the collapsing dollar in return. The ONLY way stacking works is to use physical bullion to barter and trade; that is unless you think the collapse of the dollar is a mere fluke and that the DOLLARS whihc you trade your gold for, will one day INCREASE in value.
@@tjmmcd1 That's not the "ONLY" way it works! I agree barter and trade with metals is valuable and could be essential. But sometimes people want cash for their metals so that they can make some moves that require cash. Yes the dollar is collapsing but that doesn't matter if you are selling metals to then use that cash later that day! Heck given these price swings I might liquidate some metal that I bought on the cheap years ago to invest in myself
@@tjmmcd1 there will be a transition period where liquidating metals will actually be beneficial. Your mortgage and car payment will still take the same amount of fiat currency to settle up, but you'll have the ability to turn metal into substantial amounts of (useless) fiat for a brief period of a few months. Selling a small portion of the stack to eliminate any debts before substantial change could make a big difference down the road. I'm selling 10% of my stack at 2500/30 an oz (gold/silver) so I can get 6 months ahead on my mortgage
@@timothyliew6487 I wonder why that is then again silver is not as abundant as gold so silver can go up in price since there is only a limited amount of it at least to my knowledge I could be wrong
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed. ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
Am I talking about silver and gold running up? Maybe. Bank runs? Maybe. Time running out for this "greatest economy ever" before the crash? Maybe. Or maybe yes to all.
You seem so excited about silver but it was only a few years ago the spot for silver was $40 per ounce. Should silver ever get that high again I will sell.
Hey Silver Dragons! Just wanted to say thanks for all the awesome videos - I always learn something new from you guys. I was wondering if you're still stacking junk silver, since I noticed that the premium on those coins is higher than other types of silver. Thanks again!
I’ve heard people say stack on gold and silver but it seems so confusing with all these spot talk and premiums and what I should be paying for silver and how much and coins or bars... ahhh so confusing
similar here! got 180 Oz 3 weeks ago, and 20 Eagles at 30 CHF which is pretty good deal these days! maybe time for a small break! (broke I am 🤣) Be safe!!
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed. ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
I will sue SD Bullion by EOM if they don't fulfill on my March orders that total over 60K. Period. I've warned them several times. Don't take orders you can't fulfill. Only take orders to fulfill. Not the other way around. I think they are in trouble - mainly because if they had the cash available to have stock - they would've fulfilled. I'm coming after them. I told them again today - if you can't fulfill - we have a problem - because I don't want dollars back. I want my orders.
There's now contagion amongst retail investors - for every new stacker we add that person will interact on average with 16 to 25 other people every day, and the news will spread until we reach a critical mass, then it will go supercritical and we will see the true potential of gold and silver.
I was thinking maybe they’re pushing the price up, maybe for a squeeze. I got coin videos suddenly on my feed, which naturally lead to stacking. So for me it feels like it was suddenly promoted. That was only in the last week or so.
@@daesong1378 probably trending as a bunch of people have got into it recently for the first time. You are being shown videos that people who watch the content you interact with, also like. It's going mainstream, old ladies and crypto bros are buying precious metals. Currently the stats suggest less than 1% of people stack yet > 10% are stupid enough to buy cryptos.
Where can we sell our silver? Fewer places that will buy at market, without digital access to our info and accounts (ebay, etc), fewer people who might trade a can of stew for a piece of shiny tasteless metal. I am making a statement/question of loss of trade in real values as a political sentiment, am still holding on to what is harder to sell
Still way down for the amount of debt ..they will print 30 tril over the next 10 years . everything has doubled price since 2020 except gold and silver but it will soon
Don't you think that this Dimon guy actually said that on purpose to push gold and silver? Don't you think that his words are carefully planned to prolong panic in market so more banks can fail, so metals rise for them, so they can buy more banks, and ultimately so paper money, or fiat to crash for good so they can make CBDC. I just wanna say that even solid investment platforms like silver and gold in essence are very much volatile and subject to influence by big banks and hedge funds.
Sorry to correct you, but hold and silver skyrockets off the JOLTS report. I agree with Jamie Dimon. But the jolts report crushed the dollar today. That’s why we rose.
One very strong contrarian position: Over the last 9 months and into the next 9 months, the correlation between Fed rates and precious metal prices has inverted. Metals are trading on fear, and every rate hike increases fear and therefore increases the price of metals. If the Fed starts cutting, fear will go down, and so will the price of precious metals. It’s easy to test going forward. No one believes the USD is strong going forward. There is increasing capitulation. So, even temporary artificial propping by the Fed makes no difference. People are buying more upon further confirmation that the USD is failing as a world currency. The jump today was not because of a lower chance of a rate hike. The jump today was because of OPEC+ slap in the face of US hegemony, and Japan’s guzzling of Russia oil.
If the fed cuts rates with inflation this high gold will continue to go up. If inflation starts coming down and they reduce rates then yes, gold will drop
I used to only by from SD Bullion. Now a few other websites for availability of what I am looking to purchase. I hope you respond to this question. Now they have a $500 min purchase. Is this linked to their logistics department or a sign our economy is about to collapse? Tough question so I understand if you don't respond.
last week yellen had a close door meeting with jamie & then on saturday jamie had a meeting with the ceo's of the 8 big banks, at his apartment they are planing to short the precious metal market between themselves to suppress the metals so again they can steal billions from the miners and the investors through racketeering, he needs yellen to keep the heat off them while they are doing what they do best rig & manipulate the medals, mark my words they will keep the price suppressed so that the people fleeing these other banks will not run to gold & silver, and run to the other 8 big banks, just saying, why else would they have these back room meetings. its to bad the doj is so corrupt, as there is a whole lot of criminal activity going on here.
my goal us 1000 oz by the end of the year. im only at a little over 600oz and less than an oz of gold , im going to keep stacking just buy a bit less each month
Silver needs to be around 150 to 166 to get back to historic ratio prices
Keep stacking, yall!
you know it! 🔥🐉
Good luck to all you guys. Hope your stacks shine through.👍😎
We want cheaper prices so we can get more but let's always take time to be extra thankful for what we do have and remember health is real wealth.
Awaken with JP fan?
V FOR VENDETTA IS HAPPENING WE NEED TRUMP
Gold today reached a spot price that was close to the highest ever in history. However, even with silver also allegedly 'skyrocketing' in its spot price it is still only reached about 50% of its previous high. In 2011 and 2012, the AVERAGE spot price of silver for these two entire years was about $35.00 per ounce. Imo, it's better to stock-up with physical silver while you can, as silver still appears to be undervalued. 🙂
Yeah, but those highs weren't natural which is why it spiked but never stayed.
@@lmilostr because nothing lasts forever.
Them losing control = them losing their ability to monkey hammer precious metals, especially silver.
China and India are on the way to becoming rich nations, all on the back of silver pretty much.
I'm glad I prepared for this! My little stack is doing its job!
going out on a limb here but are you from south pasadena california
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Please can you leave the info of your investment advisor here? I’m in dire need for one
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I have the app STRIKE that buys $1 of Bitcoin a day automatically. Just putting my little toe into crypto
Thanks. Funny how we stackers were saying this a few weeks ago. Stacking through the summer (July)
i’m still hoping for a dip haha 🔥🐉
Keep on Stacking Yall. Thank You Sir.
since when has any Banker or politician ever told the truth... they say one thing and do the exact opposite
Give one solid example.
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed.
ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
Crazy how I / we as a gold and silver stackers want prices lower so we can buy more instead of being content that what we already own has gone up
you are right about why stacking is crazy and should be avoided.
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed.
ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
Keep a close eye on other countries saying that they are no longer using the dollar as currency but rather using the Chinese and Russian currency like Kenya and Brazil. It's going to get worse.
Well, this is certainly an interesting time to be in metals. Thank you!
you know it! 🔥🐉
I wonder how high it will go? Time to plan an exit strategy. Tough to know when to sell as my gut feeling is that medium to long-term the outlook for gold is pretty bullish.
When everyone floods into gold and it gets talked about all the time, and then your neighbour and co-workers start buying it, I think it's time to exit.
And then buy back in when it drops and settles.
state if you put your money where your mouth is: did you sell all your gold today? or are you a hypocrite feckless phony?
Don't think it's gonna fall anymore-fiat is done! Buy while we can!!!
So much for the pullback I was hoping for!!🤣🤦♂️
Seriously tho, everytime I want to stack more the price goes up 🤦♂️
Be patient. It will pull back one more time...we have an election coming so they will manipulate it down.
So gold is close to its 'all time high'. However, @3:28 he states that sliver is still only about HALF of its all time high. Go figure.
I know 😢 I want LOWER prices so I can stack more
@@SilverDragons47 you’ve said it before, the prices even on the way up are still cheap currently.
I plan to keep stacking as much as I can afford while the prices are still “low”.
I've been planning to make a big purchase of silver and been watching for a dip, but it just keeps going up and up! Geepers man!!
When silver returns to its historic ratio of 8 to1 - 16 to 1 to gold, that's when it goes super crazy... since there is more gold then silver above ground, and demand for industrial silver is ever increasing, the ratio will drop significantly IMO.
if the ratio does drop that low in converting silver to gold 🔥🐉
I’ve been stacking silver in the past two months and the price has been notably higher when purchasing within a couple weeks of each other.
With the rally, all my purchases have been holding up to spot and increasing in value from week to week.
It’s a beautiful thing.
When are you going to sell?
Silver is going to $1000. never sell! I have been stacking for over 20 years even bought some at $35/oz, it was still a good buy.
But when Silver hits $1000 the dollar will be like Zimbabwe dollar worthless. Think about picking up some goldbacks, will be more liquid than silver.
@@beemanminnesota7683 Silver is going to 1 million dollars!!!
@@limbuel silver is not going to 1 million dollars. 😂😂
@@adrienneowen1202 Bet could you imagine if it did? We would be rich!
The days of cheap silver are long gone and soon enough, any fractional gold will be so expensive premium wise. And “the whole enchilada” reference always reminds me of Friday the 13th part 6 lol
And I was complaining about buying at $24/ounce on Monday....
I would hardly call $24.99 silver spot or gold at $2020.49 an explosion….
What I have concluded with PM, I do not measure the strength of my stack on fiat value of currency. Cause when it comes to holding them weather you buy it on the way down or up it will reflect it’s value at the point in time.
Point is don’t be discouraged to stack when prices go up or down stay with in your living expenses nothing is worth destroying your financial life.
nothing is worth destroying your financial life.: did you come up with that all by yourself, or did your mom help you?
@@DrSchor why you throwing shade
@@lmilostr people buy an oz of gold now at the price it’s at and that is a prayer and hope silver goes that high. Your opinion is noted but fiat is only recognized in the exchange market deems it worth anything.
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed.
ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
Sd bullion takes a LONG time to deliver gold and silver and now have 500 minimum order
demand is strong! 🔥🐉
@@SilverDragons47 Nope.... Monument Metals shipped my orders out the next day, Hero Bullion in 3 days and Money Metals in 3 days... SDBullion took over 20 days to ship... They have a problem not everyone else.
My LCS was pretty busy today, its a tiny shop, and it was packed with buyers...seems everyone wants 90% silver right now. The owner said more than half the people in today wanted dimes,quarters and halves...but he only had Numi halves and silver dollars. He did have some buffalo/Indian rounds left, and a 100 ounce bar.
It should dip on Friday
We’ll see. This seems to be on the back of the jobs numbers report. We still got BRICS making big moves fast. Might dip back under $2k but I don’t see it dropping under $1975 for awhile but we’ll see.
Not if another bank collapse's on friday😊
I certainly hope so! 🔥🐉
I thinking its crazy times, Gold and Silver will keep moving up overall, I think January and February were the time to buy this year. I wil still purchase litte amounts every week but not like i did when it was 20 an oz with 2.50 premium.
many thanks for sharing that page with the rate likelihood it dropped quite bit!
exiting times!!!
you know it! 🔥🐉
When referring to the 'price' you should actually adjust for inflation. With silver topping out at $50,00 (appx) in 1980, inflation adjusted for silver to hit the equivalent nominal level it would have to be $182.55 US Dollar, for gold 1980 inflation adjusted would be $2424.00 so in the future please use inflation adjusted to give a truer picture of value. Thanks
Can someone please help me understand something???
If silver and gold are a store of value and are going to explode higher in price in the future due to the collapse of the dollar, why do coin shops like SD bullion and Peter Schiff Gold sell their inventory??? Why not just hold?
The spike from today was caused by the JOLTS announcement. It's the first time it droped under 10M since 2021. The next interesting day will be Friday.
yes Friday will be incredibly interesting no doubt 🔥
Wht what do we have on friday? R we expecting to go down? Pls say yes 🥲🥲🥲😭😭😭
Friday will be the Non Farm Payroll for March release. At this moment is approximated at 240k. If it will be lower than 240k it's bad for economy/USD and Silver will posibly spike again.
What’s Friday?
Hey Silver Dragon, I always hear Gold and Silver is going up. But as I think about things, isn't it more that Gold and Silver is really staying the same? I mean, you can still buy today about the save value as you could buy 100 years ago, such as food, fuel, housing etc, So I think reality is Gold and Silver is the same value, but the dollar is tanking big time. Would that be more correct? Or am I missing something?
What you are saying is true ,but you are holding your value by having silver and gold . Instead of losing it by holding on to the worthless cash 😂.
Pm's will retain your purchasing power. The dollar will not😊
That's correct but keep in mind that at some point metals will sky rocket and go up much more than the dollar falls.
Wrong. Silver is only 1/2 it’s all time high. Gold is at all time high. Silver has lots of catching up to do. It very undervalued at25$ and
I think of that too. Simply I think inflation is making silver going up. The hundreds of millions printed in days. I don’t think the value is actually going up just the currency value going down and making silver seem higher
If people really feel they need to hedge or diversify they will pay todays premium. That additional 2% isn’t going to stop them.
Precious metals goin to the Moon 🌕🌕🌕🌕
Thanks for the update Silver Dragons 👍
Yes, but if one sells their physical silver/gold bullion, you will recieve the collapsing dollar in return. The ONLY way stacking works is to use physical bullion to barter and trade; that is unless you think the collapse of the dollar is a mere fluke and that the DOLLARS whihc you trade your gold for, will one day INCREASE in value.
you are welcome thanks for watching! 🔥🐉
@@tjmmcd1 That's not the "ONLY" way it works! I agree barter and trade with metals is valuable and could be essential. But sometimes people want cash for their metals so that they can make some moves that require cash. Yes the dollar is collapsing but that doesn't matter if you are selling metals to then use that cash later that day! Heck given these price swings I might liquidate some metal that I bought on the cheap years ago to invest in myself
@@tjmmcd1 there will be a transition period where liquidating metals will actually be beneficial. Your mortgage and car payment will still take the same amount of fiat currency to settle up, but you'll have the ability to turn metal into substantial amounts of (useless) fiat for a brief period of a few months. Selling a small portion of the stack to eliminate any debts before substantial change could make a big difference down the road. I'm selling 10% of my stack at 2500/30 an oz (gold/silver) so I can get 6 months ahead on my mortgage
As a new stacker this saddens me lol always a day late to the party
Party just getting started
I hear you 😓 gotta start somewhere though
honestly hoping it doesnt explode yet and we get a little bit of a dip haha. I want to get some more stacked for cheap before it happens.
I knew something was up when Google removed the price chart of silver😂
No way. I don't notice that, but I don't doubt it either...
@@JohnDoe-ef3wo check it out when you got time 😆
Hahahaha I thought something went wrong with my handphone, but surprisingly gold’s chart was ok.
@@timothyliew6487 I wonder why that is then again silver is not as abundant as gold so silver can go up in price since there is only a limited amount of it at least to my knowledge I could be wrong
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed.
ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
I've been watching KitCo all day today. To be honest, it's only going to go up until something breaks.
Running!
Am I talking about silver and gold running up? Maybe. Bank runs? Maybe. Time running out for this "greatest economy ever" before the crash? Maybe.
Or maybe yes to all.
If a comment from jp Morgan makes silver and gold jump 4 and 2%, when the real banking crisis hits, what will happen?
boom goes the dynamite 🔥🐉
You seem so excited about silver but it was only a few years ago the spot for silver was $40 per ounce. Should silver ever get that high again I will sell.
you mean back in 2011? 🔥🐉
Will rate hikes be enough to combat inflation from backing every fail bank and foreign governments dumping the dollar?
No. Show is going to end. Mad max coming
Hey Silver Dragons! Just wanted to say thanks for all the awesome videos - I always learn something new from you guys. I was wondering if you're still stacking junk silver, since I noticed that the premium on those coins is higher than other types of silver. Thanks again!
1979 silver was 117.00$ an oz. All time high.
Yep. People are FOMOing, and sellers are making bank off of suckers.
jobs report also came out bad which is main reason metals jumped not just Dimon's comment.
Wow £20 an oz silver
Its getting spicy!! I want the price to go down. I'm not done stacking yet!!! LOL
I’ve heard people say stack on gold and silver but it seems so confusing with all these spot talk and premiums and what I should be paying for silver and how much and coins or bars... ahhh so confusing
Lucky I bought 100 ounces of silver from Monument Metals 2 weeks ago on a low low premium.
similar here! got 180 Oz 3 weeks ago, and 20 Eagles at 30 CHF which is pretty good deal these days!
maybe time for a small break! (broke I am 🤣)
Be safe!!
I bought 4 kilos and 7 ten ounce bars a couple weeks ago
@@MrChiangching good timing!👍🙏
@@MrChiangching ohhhhhh! way to go!
You recommend monument metals?
Buying Moe Silver today ASAP!
It'll come back down, better to wait
@@Lee86THUNDER Date please?
Buy high sell low 😆
ATTENTION!!! We can not hide our sins from God. Where will you go when you die, Heaven or Hell? Jesus Christ loves you and He died for our sins, three days later, He arose from the grave... Get your heart right with God today, tomorrow is not guaranteed.
ACTS 2:38 “Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
I will sue SD Bullion by EOM if they don't fulfill on my March orders that total over 60K. Period. I've warned them several times. Don't take orders you can't fulfill. Only take orders to fulfill. Not the other way around. I think they are in trouble - mainly because if they had the cash available to have stock - they would've fulfilled. I'm coming after them. I told them again today - if you can't fulfill - we have a problem - because I don't want dollars back. I want my orders.
They are behind weeks according to their website! So many people are buying! Wild!
Of course JP Morgan want turmoil - it helps them get the CBDC's approved!
misnomer---interest rates have nothing to do with gold and silver prices...they have the masses trained to think so
There's now contagion amongst retail investors - for every new stacker we add that person will interact on average with 16 to 25 other people every day, and the news will spread until we reach a critical mass, then it will go supercritical and we will see the true potential of gold and silver.
I was thinking maybe they’re pushing the price up, maybe for a squeeze. I got coin videos suddenly on my feed, which naturally lead to stacking. So for me it feels like it was suddenly promoted. That was only in the last week or so.
@@daesong1378 probably trending as a bunch of people have got into it recently for the first time. You are being shown videos that people who watch the content you interact with, also like. It's going mainstream, old ladies and crypto bros are buying precious metals. Currently the stats suggest less than 1% of people stack yet > 10% are stupid enough to buy cryptos.
Yes it is 🔥🔥🔥
$30 plus for silver rounds - NOPE
The big boys will take a profit and leave you with the trickle-down.
SELL
Why do people say 'gold is skyrocketing' when it moves 2 or 3 percent higher? Hold that terminology for a 75-100% move higher.
Buy, buy, buy, buy at any price NOW 😅, mortgage the house to buy silver and gold, platinum and rhodium, palladium, it will never go down.
I’m a holdin’ til pigs model designer watches…😂
🤣😂🤣
Just need stocks to crater and Silver to be $40 for us speculators to be sitting mighty pretty lol
As a first time buyer of silver, when do the experienced buyers sell their silver? Like what profit margins do I shoot for?
thanks SD
Bet the premium higher so they can really get rich.
What about the impact if Texas comes out with a gold backed digital currency?
Where can we sell our silver? Fewer places that will buy at market, without digital access to our info and accounts (ebay, etc), fewer people who might trade a can of stew for a piece of shiny tasteless metal. I am making a statement/question of loss of trade in real values as a political sentiment, am still holding on to what is harder to sell
Still way down for the amount of debt ..they will print 30 tril over the next 10 years . everything has doubled price since 2020 except gold and silver but it will soon
Don't you think that this Dimon guy actually said that on purpose to push gold and silver? Don't you think that his words are carefully planned to prolong panic in market so more banks can fail, so metals rise for them, so they can buy more banks, and ultimately so paper money, or fiat to crash for good so they can make CBDC. I just wanna say that even solid investment platforms like silver and gold in essence are very much volatile and subject to influence by big banks and hedge funds.
Sorry to correct you, but hold and silver skyrockets off the JOLTS report. I agree with Jamie Dimon. But the jolts report crushed the dollar today. That’s why we rose.
sorry to correct you: but you spelled gold wrong.
Lemme guess, silver is up like .002% today right?
One very strong contrarian position: Over the last 9 months and into the next 9 months, the correlation between Fed rates and precious metal prices has inverted. Metals are trading on fear, and every rate hike increases fear and therefore increases the price of metals. If the Fed starts cutting, fear will go down, and so will the price of precious metals. It’s easy to test going forward. No one believes the USD is strong going forward. There is increasing capitulation. So, even temporary artificial propping by the Fed makes no difference. People are buying more upon further confirmation that the USD is failing as a world currency. The jump today was not because of a lower chance of a rate hike. The jump today was because of OPEC+ slap in the face of US hegemony, and Japan’s guzzling of Russia oil.
If the fed cuts rates with inflation this high gold will continue to go up. If inflation starts coming down and they reduce rates then yes, gold will drop
It's NOT just the banking crisis
IT'S ALSO THE POLITICAL Crisis!!!!
Just sold a 10 oz bar because spot went up from banks closing lol. i cant wait to buy in again sub $21 to sell some at $25+ :D
Do you think I should still invest in but coin at 28k? Or is it to late
2K ... now in the rear view mirror ... on to a fast run to 4K. USD in decay.
I know nothing… what do I buy and where is the best place to buy it?
thank you
Great video brother thanks for the info
I have a Q please, even tho Gold and silver is climbing as of today... should i keep buying even tho it cost more now then a week ago.....
CEO of JP Morgan, not chase. But your point stands!
I wish they would just put the full cost of all silver and gold coins before you buy them ! My opinion
I used to only by from SD Bullion. Now a few other websites for availability of what I am looking to purchase. I hope you respond to this question. Now they have a $500 min purchase. Is this linked to their logistics department or a sign our economy is about to collapse? Tough question so I understand if you don't respond.
You really need to start investing in silver related stocks. I got 100% gains from what I put in on last Friday.
One word brother. OPEC. The jig is up.
I don't think rates are the number 1 factor to consider.
Not SD Bullion.
last week yellen had a close door meeting with jamie & then on saturday jamie had a meeting with the ceo's of the 8 big banks, at his apartment they are planing to short the precious metal market between themselves to suppress the metals so again they can steal billions from the miners and the investors through racketeering, he needs yellen to keep the heat off them while they are doing what they do best rig & manipulate the medals, mark my words they will keep the price suppressed so that the people fleeing these other banks will not run to gold & silver, and run to the other 8 big banks, just saying, why else would they have these back room meetings. its to bad the doj is so corrupt, as there is a whole lot of criminal activity going on here.
I think it's just the dollar system breaking - unfortunately for all of us....
Don't believe a rate hike will hurt PM's. It will 🌙 regardless.
my goal us 1000 oz by the end of the year. im only at a little over 600oz and less than an oz of gold , im going to keep stacking just buy a bit less each month
I bought several lbs of silver today. I'm gonna buy a space lambo and park it on the moon.
There's going to pull back soon, but that's good, so I can stack more physical.
Thats not the news that made metals jump today. The jobs report news was the reason.
it will prob crash they cant let the cat out of the bag
The cat is already out of the bag. Ignorance to the truth of this doesn't change that.
🙈🙉🙊
Gold and silver price has been undervalued for years , so f off to the pull back it's time for a much needed rally
You do know that they supposedly hold the highest silver stock pile right? So who stands to benefit the most from pumping????
What's gold's all time high?
Do you have any insight where/who to purchase from on Instagram for generic silver rounds
At 3100 ounces I am pretty much set and overweight in silver which is a good thing it would seem
If ratio hits 50:1 I’m trading in my silver.
I’m running out of the banks, my gold by silver and hope to US coming to the confiscate it get out of United States of America
Coming daddy needs new pair of shoes 👞. Hahaha 🤣