COIN DEALER drops TRUTH about GOLD, SILVER & MORE!
ฝัง
- เผยแพร่เมื่อ 6 ก.ย. 2024
- In today’s video, I traveled to Bismarck, North Dakota to interview Skip at the Capital City Coin Club Show. We have an in-depth conversation about the recent NOMINAL HIGH of gold, silver, collectible coins, and so much more. There’s a lot of great information in this video so be sure to check it out. 
To see more videos of Skip and other coin dealers I have interviewed over the past year check out this playlist: • Coin Dealer Interviews
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I appreciate hearing from Skip. He seems like a down to earth guy and he tells it to us like he sees it. Thanks, Josh!
I am in Chicago, i talk to a couple of big wigs in the metals industry, and there telling me to stick with silver, why you ask, they told me on down the way the economy is not getting anyway better, so when that time comes around and its time to sell your gold, the buyers are not going to offer what you want for it, they are probably going to give you what you paid for it or below that number. So they said stick with silver and pass on gold. That does make sense if you really think about that. PS They also said there is shortage of silver to.
In my last posting I forgot to put the word in No, like there is NO shortage of silver.
Josh.Is the man very knowledgeable on a lot of things.😊
Definitely puts me more at ease towards spending at these highs. Im waiting to get paid again so i can make another order. Hoping to at least get a tube of silver eagles and a tenth oz gold eagle for the tube but the price dictates if im able to get that or not. I really wish i had some of these shows around here in far NW Washington but its probably for the best. I need to stay away from the higher premium collecable stuff for a while and focus on increasing my base weight for a bit again.
Skip is the Man! Very knowledgeable.
Love Skip, wish he was closer to me now and as a kid to learn from. You know he is passionate about the hobby and informative!
Thanks Skip... Your quote is 100% accurate; "Heard is almost always wrong" - I started buying silver in 2015, which everyone said "its been dropping for years I wouldnt buy silver" - today, those same people are regretting not buying silver every week for last 10 years.
Think if I was in since 15 I'd be considering selling some now to keep cash on hand to buy more on the next dip. But that's how I would gamble it. Most mine I've got since 2020 so I'm in it 20 to 23 per Oz my cost. And would think about doing some selling at 30. Maybe at next year's highs see what happens
Thanks for the update Skip! Always like hearing your thoughts on the market.
Skip is a Honest Person and Talks to us Directly, you do not see that too much these days! Thank You Skip!!!! FreddieB (MA) 🙂
2 great nuggets in there:
"The herd is almost always wrong." and
"Only buy with money you're NOT going to need."
Also Imo if you are in debt you will be further ahead paying off your debt then stacking. Be it a car loan or a mortgage that intrest gonna cost you more then you will gain stacking.
Thanks Josh and Skip, you always have interesting comments about silver and gold. Silver is still on sale and maybe gold is also.
I bought a 5 bedroom in 2003 for $150,000. Sold it in 2013 for more than double after remodeling. If I would have bought $150,000 in gold at 2003 spot price... I would have recieved around 400 ounces of gold in that year. 400 x 2340 = 936,000 which means timing is everything when it comes to inflation and various investments. If inflation is never ever stopped, gold is hard to beat. In the past, it should have served as our savings accounts over our lifetimes. The inflation train is about to derail.
I also had the opportunity to visit with Skip at the coin show. Bought some coins and spent some time with a very genuine, honest, and knowledgeable individual Thank You Skip and Josh!
Another great interview with Skip.
thank you Skip and thank you Josh for the documentation of this man’s wisdom 😀🇺🇸
Glad you enjoyed it
It’s great to see the Seniors showing an interest in the precious metals, good for you Skippy 👍
Thanks for the information and video guys.
Passing the baby mic looks like you’re sharing a joint!😂
Skip sounds like a Great Guy.
He’s a Wealth of Knowledge.
And Funny Too!!!
Great Interview Josh!
Thank you!
It's not the rate of inflation.....it's the weight of inflation.
For the normal stacker gold has become unaffordable slver you can afford from English Dave😄
Awesome video
The easiest way to know what siler & gold is gonna do is watch what OIL does. Silver & Gold follows OIL; if ya don't believe me check the history of both. EVERTHING follows OIL.
Me either he made me think though cause it does at times. But deffinately not a thing to watch.
I agree with you son. 👍
I like gold and silver for a hedge investment, but it really is not meant to make money. Yes, they are undervalued and manipulated, and we shall see a huge correction eventually... but only once. The correction may also be in the fact that currency may be gold backed once again. That will change everything, as we see 1950's prices for goods and services once again. But you must realize that we will also have 1950's wages and income as well. Gold and silver will always buy the same amount of goods and services. Gold was only $40/ounce in 1950's all the way up to 1971.
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Land-The one thing they can't make more of..
"The herd is almost always wrong" is why I'm not trying to stack all these silver rounds everyone is going after.
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Had a great vist with Skip at the show, awesome guy and fun to vist with!!!
Skip‼️‼️‼️‼️👍🏽👍🏽👍🏽✌🏽
Is the only Videos I enjoy from this channel. The rest of them I have no words 🤐