I believe silver is definitely going back to the teens, sometime this year. Perhaps even as low as $14-$15 in a equities market collapse. 50 percent retracement in a recession should be expected. Look what the price did before the run in 2010-2011. It fell greater than 50 percent.
My move is to Fl, as soon as I can make my way out of Ca..... No U-Hauls available! Always look forward to the videos. Appreciate you being my LCS even though your on the other side of the country. Every order has arrived perfectly and better than expected.
Quick conversion formula for 90% silver: Spot price + premium x .715 = x Coin face value. (Ex: $22.40 + $3.50 x .715 = $18.52 x face value). And very good pricing here IMO.
How was I supposed to receive the information on the Flash Sale ? Was really looking forward to grabbing as much as I could thru Zelle but missed out. The youtube notification does not always work as you may know. Maybe a texting system next time?
Hello, yes the flash sale didnt work so well...when we produced the video we did it at a rate of + $2.50, which was right around 19.2xFV by the time the video went live silver had dropped so much it was more expensive then our normal rate of + $3, it is cheaper now at + $3.5 (18.5xFV) than when we did the flash sale
I totally understand quoting a spot + 3 for 90% as a quote when the market is volatile. I'm still trying to wait for 18x FV before making larger purchases.
Quick question please?? So if I buy gold bars that aren't in the essay do you still pay the same since you open the essayed ones anyway??? As long as they retail friendly. Thankyou
Great content and prices as usual! Quick question... the prices that you quote in store to customers is based on up to date spot prices I'm assuming, which apps or websites do you trust and use to get live spot prices? I saw the Kitco app, but figured I'd ask an expert.
@@vermillionenterprises just to clarify… I understand the premiums fluctuate based on your costs from your distributors, but do you use your distributors for spot prices too? Or do you use COMEX prices for spot? Thanks in advance, not trying to be a pest.
@@medhead964 yes i use the spot price that the distributors use, now most will use kitco during normal volatility, during extreme volatility they often switch to a market they feel is more stable
@@vermillionenterprises thanks for the reply! You’re doing your industry a great service by putting out these transparent premium/price videos! I’ll be in to spend more money with you soon.
Hello, yes the flash sale didnt work so well...when we produced the video we did it at a rate of + $2.50, which was right around 19.2xFV by the time the video went live silver had dropped so much it was more expensive then our normal rate of + $3, it is cheaper now at + $3.5 (18.5xFV) than when we did the flash sale
I just looked back through the video list and didn’t se a specific “junk 90 flash sale” video! I’m subscribed and have notifications set, but I missed it! Help!
Hello, yes the flash sale didnt work so well...when we produced the video we did it at a rate of + $2.50, which was right around 19.2xFV by the time the video went live silver had dropped so much it was more expensive then our normal rate of + $3, it is cheaper now at + $3.5 (18.5xFV) than when we did the flash sale
You might be right about the Turkish News Outlet...we will change our channel to the TNO....no he is more well kept now hair wise...it was out of control...LOL
@@vermillionenterprises This channel would be amazing! Get us some metal band hair with WWE action mixed in with silver and Turkish news! On down days can show us the pain with a pile driver and jump off the ropes with a high flying body slam! Up days shred that guitar Get on it!
Thanks guys for posting these videos, the realistic analysis you provide on the US economy helps me make decisions. Despite what mainstream news says about the moves Charlie Munger and Warren Buffet are making the economy is in fact in a recession. The news wants to report how uber rich people feel optimistic which is a bad comparison to how the vast majority of people live and operate. It's my opinion that when certain markets are doing poorly for various reasons and the dollar gets weaker, that blue collar or middle class people become cash poor during the recession which leads to this dump in gold and silver price.
What, I can't use my one trillion Zimbabwean dollar note to pay for my purchase! Just kidding, hello from the People's Democratic Republic of Crook County, Illinois. Great video, thanks for your time.
I can't believe people are upset about you taking time off to be with your family, especially that late on a Saturday. I mean, what kind of small bubble (all about me) world does that person live in?
Please ask Brian if he was a Wizard in his past life? I can just picture him with a big ol wizard hat casting spells on common folk....I think the magic chant was "Cash, Wire, or Zelle"..... 🤣🤣🤣🤣🤣
What's your move?
What is your approximate buy price for common date XF Morgans? Good video fellas. 🇺🇸
I believe silver is definitely going back to the teens, sometime this year. Perhaps even as low as $14-$15 in a equities market collapse. 50 percent retracement in a recession should be expected. Look what the price did before the run in 2010-2011. It fell greater than 50 percent.
@@nickbroadhurst5924 i hope you are right
Don't count on $14-15 silver...good luck getting physical for $15.
The move is to dollar cost avg.
@@dang6684 If it does, it certainly won't stay there for long. There aren't many mines that could replace it at that price.
Transparent and reasonable pricing. Thumbs up!
Thank you
Wish you folks were my LCS ! .......ROCK ON !!!!!
thank you sir
Always good to hear the latest, thanks!
Thank you
I love your content! It’s not peddling anything and it’s consistent
Thank you, we appreciate it
Love the updates! Cheers!!
Keep up the good work with the premium videos there a Hit with the metals community !!! Thanks Brian and Tim !!👍👍🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Thank you
Saving up to buy a Vermillion 90% silver deal!
thank you
You do a really good job explaining the buy price and the sale price. your channels really good thank you.
Thank you sir
Love these videos! Ultra informative
Thank you sir
Wish you were my local bullion shop. Awesome prices.
Thank you
My move is to Fl, as soon as I can make my way out of Ca..... No U-Hauls available! Always look forward to the videos. Appreciate you being my LCS even though your on the other side of the country. Every order has arrived perfectly and better than expected.
thank you we appreciate it
Thanks guys I enjoy your videos.
thank you sir
Thanks.
Quick conversion formula for 90% silver: Spot price + premium x .715 = x Coin face value. (Ex: $22.40 + $3.50 x .715 = $18.52 x face value). And very good pricing here IMO.
thank you we appreciate it
Thanks for another great video!
Thank you sir
Great vid, thanks guys!
Thank you sir
Tim has a wonderful channel too.
That flash sale from the 1 min I got to watch still looked about $100 cheaper than anybody else even after the price drop.
You guys are awesome….best wishes to you and yours. ;)
Thank you sir
How was I supposed to receive the information on the Flash Sale ?
Was really looking forward to grabbing as much as I could thru Zelle but missed out.
The youtube notification does not always work as you may know. Maybe a texting system next time?
Hello, yes the flash sale didnt work so well...when we produced the video we did it at a rate of + $2.50, which was right around 19.2xFV by the time the video went live silver had dropped so much it was more expensive then our normal rate of + $3, it is cheaper now at + $3.5 (18.5xFV) than when we did the flash sale
I totally understand quoting a spot + 3 for 90% as a quote when the market is volatile. I'm still trying to wait for 18x FV before making larger purchases.
getting pretty close
Quick question please?? So if I buy gold bars that aren't in the essay do you still pay the same since you open the essayed ones anyway??? As long as they retail friendly. Thankyou
yep
Interesting idea I never thought about that before!
Great content and prices as usual! Quick question... the prices that you quote in store to customers is based on up to date spot prices I'm assuming, which apps or websites do you trust and use to get live spot prices? I saw the Kitco app, but figured I'd ask an expert.
Kitco is usually good, but it truly depends on what the sku is because depending on which company we use for replacement they may use some other price
@@vermillionenterprises just to clarify… I understand the premiums fluctuate based on your costs from your distributors, but do you use your distributors for spot prices too? Or do you use COMEX prices for spot? Thanks in advance, not trying to be a pest.
@@medhead964 yes i use the spot price that the distributors use, now most will use kitco during normal volatility, during extreme volatility they often switch to a market they feel is more stable
@@vermillionenterprises thanks for the reply! You’re doing your industry a great service by putting out these transparent premium/price videos! I’ll be in to spend more money with you soon.
I too awaiting flash sale on 90% junk... and thank you for all you guys do. Enjoying your videos. Powder is dry...
I think he just explained they tried but market is just too volatile. Pretty evident with the recent premium increase
Hello, yes the flash sale didnt work so well...when we produced the video we did it at a rate of + $2.50, which was right around 19.2xFV by the time the video went live silver had dropped so much it was more expensive then our normal rate of + $3, it is cheaper now at + $3.5 (18.5xFV) than when we did the flash sale
@@vermillionenterprises Thank you for explaining. Appreciate your time.
I called my local coin shop when silver price dropped, and their price on 90% actually went up....... what are you guys using for "spot" price?
I Will be Down to see You Later this Week, Cash in Hand. Thank You for the Videos!! I am 2 1/2 Hours Away 👍🙂
we appreciate the business....thank you
How much would it cost to ship a monster box of eagles across the country? A couple hundred dollard? I can't find anywhere close to your price.
Hello, when you are ready to order send us email/message through our website and will quote you a price delivered...thank you
@@vermillionenterprises Thank you for the response.
Vermilion!
I just looked back through the video list and didn’t se a specific “junk 90 flash sale” video! I’m subscribed and have notifications set, but I missed it! Help!
Hello, yes the flash sale didnt work so well...when we produced the video we did it at a rate of + $2.50, which was right around 19.2xFV by the time the video went live silver had dropped so much it was more expensive then our normal rate of + $3, it is cheaper now at + $3.5 (18.5xFV) than when we did the flash sale
@@vermillionenterprises thanks. I just don’t want to miss out!
#1 Turkish news outlet!
Btw when will we see Tim's hair? Is he growing it out to be an 80s rocker?
You might be right about the Turkish News Outlet...we will change our channel to the TNO....no he is more well kept now hair wise...it was out of control...LOL
@@vermillionenterprises This channel would be amazing! Get us some metal band hair with WWE action mixed in with silver and Turkish news!
On down days can show us the pain with a pile driver and jump off the ropes with a high flying body slam! Up days shred that guitar
Get on it!
@@holdfastjoe8841 LOL
Thanks guys for posting these videos, the realistic analysis you provide on the US economy helps me make decisions. Despite what mainstream news says about the moves Charlie Munger and Warren Buffet are making the economy is in fact in a recession. The news wants to report how uber rich people feel optimistic which is a bad comparison to how the vast majority of people live and operate. It's my opinion that when certain markets are doing poorly for various reasons and the dollar gets weaker, that blue collar or middle class people become cash poor during the recession which leads to this dump in gold and silver price.
I have the zelle app on my phone for your next special!
thank you sir
20x coins per month... nervous wait for next week or two.
What, I can't use my one trillion Zimbabwean dollar note to pay for my purchase! Just kidding, hello from the People's Democratic Republic of Crook County, Illinois. Great video, thanks for your time.
only on Sundays sir
@@vermillionenterprises Lol, thank you sir. I could not help myself.
And yet, another great informational video for you guys. Always great to listen and learn. Even about Turkish news LOL
Thank you sir
@@vermillionenterprises not a problem. You guys keep doing what you do!!!
I can't believe people are upset about you taking time off to be with your family, especially that late on a Saturday. I mean, what kind of small bubble (all about me) world does that person live in?
yes sir
Please ask Brian if he was a Wizard in his past life? I can just picture him with a big ol wizard hat casting spells on common folk....I think the magic chant was "Cash, Wire, or Zelle"..... 🤣🤣🤣🤣🤣