Is $31 Silver a Good Thing For Stackers ?
ฝัง
- เผยแพร่เมื่อ 23 ส.ค. 2024
- Savage S
P.O. Box 3186
Santa Cruz ca
95063
Savagestacker@gmail.com
Disclaimers & Rules:
👽 On my channel I may speak about precious metals, cryptocurrencies, tokens and/or other "markets," and current events. I am not a financial adviser and do not charge anyone for my videos/opinions, this channel is for entertainment purposes only. My views/statements are merely my opinions that I have formed on my journey. You are responsible for your own stacking, trading, investing, etc. Please do your research I am not responsible for your actions nor do I give legal or financial advice.
👽 This channel adheres to Google and TH-cam's Terms of Service, Privacy Policies and Community Guidelines.
👽 Google's Privacy Policy: policies.googl...
👽 TH-cam Terms of Service: www.youtube.co...
👽 TH-cam Community Guidelines: www.youtube.co.... All entries which don’t comply with TH-cam's Community Guidelines will be disqualified.
👽Official Rules for all Giveaways (GAW's):
1. Open to all ages 16 years and and older.
2. No purchase necessary.
3. Void where prohibited.
4. TH-cam is not a sponsor nor involved in the giveaway.
5. All of the items given away are gifts from myself to the winners.
6. I will explain any rules for the Giveaway in the video or during the livestream.
7. To participate, you must be a subscriber and like the video.
8. Giveaway for United Residents unless otherwise specified.
Note: I am not responsible for items lost in the mail.
Topics Discussed: silver, gold, spot price, how to sell silver, when to sell silver, how to buy silver, when to buy silver, how to buy gold, when to buy gold, how to sell gold, when to sell gold, Ag, Au, precious metals, silver eagle, gold eagle, silver bar, silver round, sell silver, silver coins, silver price, spot price, silver bullion, gold bullion, silver value, us dollar, currency, recession, silver coins, bullion coins, what silver should I sell, silver premium, stock market, futures market, debt, currency, economy, stacking silver, wealth, silver stacking, invest, investing, investing in silver, investing in gold, how to invest, stacking silver, silver stacking, buying silver, gold and silver mining companies, global travel vlogs and adventures, inflation, economic collapse, disaster preparedness
#silver #gold #preciousmetals #prepare
#crypto #investing #bitcoin #1oz #grindingonyourstack #knives #survival
#gold #gold #gold stacking
I’m with ya bud on both…health and spot price. You love to see it take off but hate to pay for it. I’m 47 and have lived a pretty rowdy life. I have just recently added stretching to my morning due to being stiff and sore. Smh
I’m 24 and already HAVING to…
I'm done stacking silver. I will do "maintenance" buying and grow the stack slower. Concentrating on gold platinum before they go to high...
I may do the same
Why focus on gold when gold is much higher than silver? Silver isnt even at an ath while gold is
@@JohnDoe-fr7fr because for all the years I’ve been stacking gold I’m always even with gold not once have I’ve been negative. With silver being this high and it’s volatility it’s way easier to get stuck in the red and not for month but for years
@@JohnDoe-fr7fr I think it will go higher...2500 is a reasonable price for end of year...Silver is still the best value for the money... Using dollar devaluation - gold (.85 cents) compared to dollar devaluation - silver, silver should be 2.1 times higher to be on par with gold ...
Gold yes, platinum not so much. The uses for it will start to decline over time.
Good to see a video from you my friend. Yeah, it does suck when the prices rise for buyers. The market is becoming saturated lowering premiums though these jumps in price though. That will end once these prices settle in.
Yeah if it holds here for awhile I’ll start buying again I just want to make sure it don’t correct downward at these prices New strategy for me . Thanks sal
I'm done stacking massively on silver at the moment, only getting 1 to 3 ounces at a time per month but nothing crazy until the price chart stabilized, focusing on gold
Good to see you my friend. You might be right I may start focusing on gold as well
AYYYY, good to hear ya brother. Ibwas literally just wondering where you were last night! Glad you are feeling better!
Good to see you brother. Umm you my friend have my number soooooo ? lol 😆
Great to see ya back! Congrats on the recovery also. Keep at it! :-)
I’m trying my friend . Trying to find the time to fit it all in
I was just thinking yesterday that I hadn't seen you in so long... Glad you're back and healthy! LET'S GO ✨👊🏼
Yeah it’s been awhile. Good to see you bro
Right on Bro!!! Nice to see you back doing videos & awesome Info. Take care Bro & hopefully to see more Videos!!! I’ll keep stacking little by little each week but Instead I’ll pick up small amount of Gold. 🥇🥈🥇 Hopefully Silver will pull back in the Mid’s $27+ & pick up good amount of Silver Weight!!!
I always appreciate your down-to-earth unbiased and unsponsored viewpoints, Savage. Keep it up!!!! 👍👍👍
Thanks I appreciate it
Thank you for the video! 🤙🏼
Thank you 🙏 I appreciate it
Glad you are feeling better! Really like the spread! Just got my first 10oz-er today!!
Good to see you again, my friend. I was starting to wonder if you fell off the side of the earth 😅
Ha ha it’s been known to happen I find myself falling off a lot lately great to see you bro
My savage style stacking has slowed down, but I'm happy to be sitting heavy right now.
Exactly 👍 my last purchase was o er 3 weeks ago that’s the longest I’ve gone without a purchase in 5 years ouch!
Great topic to talk about! If I where a seller, I'd be trilled right now with silver spot price but just like you- I rather accumulate. It's neat you found some gold prospecting- I know it's hard work, looks like you have something to show for it 👍👍
It’s about time savage!
I'm stacking car servicing and a new phone. Both under duress because I have to. If I was a GSR follower. It would be getting time to convert silver to gold. But most of my silver is semi numi, because I've focused on gold.
Yeah things come up .
I may start stacking gold again as well
To be on par with dollar devaluation - gold, silver has to be 2.1 times higher. Silver still cheap at this price ...
What's in the vial?? Glad you're back and feeling better Savage!!!! ❤
Gold nuggets and flower gold thank you good to see you as well
Great video Savage! 👍🏻👍🏻😊✌🏻
Thanks my friend
Awesome, glad you're doing better brother
Good Morning Good to see you 🌞
Good morning brother good to see you too
Glad you have recuperated.
$31 is good for stackers with $18 silver and even $25 silver.
Not so great for stackers who want to add more weight. Especially if we find ourselves back to $25 or $27. But if silver holds in the 30s then it is what it is.
If you get into a nice routine people have a full weekend to find a good video. Sat morning would be good.
I dont like seeing it at this price either, more expensive to stack, but on the other hand I'd be happy to see silver's true value.
I wish the metals were still low. Only been stacking a year so I’m not ready for higher prices.
I know just what you mean I started stacking in 2019 and did pretty good in 2019 but then 2020’s mess happened and the higher prices and premiums took there toll . Then they pulled back for a bit and I purchased as much as I could .
Maybe we’ll get a nice pull back but who knows maybe not it’s hard to say with the economy like it is .
Thanks take care keep stacking
Gtsy. Hope you're doing well. Keep stacking ❤
Great to see you too appreciate it doing ok need more time to make videos
I, quite frankly, almost never pay attention to what the spot price is. I’m always stacking, but also always selling and refining the stack. Hope you’re doing well brother!
Weekly weekend videos is always a good formula to help keep you sane! Keeping stress levels down is key.
And bro… your stack/vial of personally prospected gold flakes is a testament to your hard work. That’s incredible.
I think that it is just getting started with the metals going up. I think that we are at the beginning of a bull market for both metals gold and silver. I will not be surprised if we see the spot price goes over $35 an ounce.
You maybe right !
Work, WOOHOO. You'll have to move the polar bear from your bermuda shorts to yer jeans eh. This runaway spot is really hard on the comminity that pours as far as getting casting materials and at the same time the boost is wonderful for stack already in storage. A perfect catch 22 eh. Great to see an old friend for sure today. Take care bud.
Great to see you too my friend. I went back in my emails to see how much I paid for my first silver and it was way under $20 an ounce for us that purchased silver in the $15 range are doing very well right now but I feel sorry for the new stacker .
I hope life is treating you well my friend. Great to see you stop by .
The polar bear is with me at all times she’s getting a bit worn down but 4 years in the pocket will do that ha ha 😂
Take care old friend
@@savagestacker I guess we can call those slics in time having fewer laugh lines. It has it's own stories now. Not many Polar bears that fight fire eh, LOL
Love it!! And you!!
You will never see twenty two dollar silver again.
I disagree...only time will tell but as well it would take is industry to find another cheaper metal for conductivity as tech changes and thats it for silver its not like it has the backing gold does for jewelry...I didnt think I would see an RC car on the road driving humans around on its own or a president that doesnt know where he is and the whole country knows hes not actually runing this country but there it is a REALITY lol never say never things change dramatically as time goes on...
@@cutlerylovertouché
@@cutleryloverperiodic table is thousands of years old, if they haven’t found it yet you’re gonna be waiting a longgggg time.
@@cutleryloverarticle 1 section 10 US constitution will give you some answers.
My purchasing has definitely slowed down… only really buying when my LCS has a crazy deal or theres a 10oz bar i see that i really like
Began in 2021 with silver maple leaves until I learned that silver rounds are less in premiums. Later I learned that bars are even less in premiums, so Iove 5, 10 and 100 oz bars. ❤❤❤
It's all about learning and figuring out what you like
I prefer bars as well but try to buy some small 1oz rounds when I can
Have you researched what’s the best to sell though?
Yea, obviously lower prices are better if you want to stack more ounces. That being said, it’s time. It’s time for the metals to go up to their true market value. What’s REALLY not good is what central banks have done to us the past 111 years. Gold & Silver are basically just reacting to that, with MUCH further up to go.
I believe price fluctuation is always healthy. Good economic indicators.
I think 30 is the new bottom even if it breaks slightly lower …With our global climate it’s definitely different than other times !
I’m still stacking but only my budget amount. I double up when a dip hits
Everyone and everyplace is offering below spot right now for Silver but when it was cheaper the premiums were way up. Weird dynamic Silver goes through.
VT247
Silver bars are the stack i want
Waiting for your videos 👍
Sounds good❤
Interesting to not hear, price manipulation, in this video?
Hey, do me a favor. Stop apologizing for not making videos in a long time. First, you just made a video about a week ago, so it's not even true. Second, it sends the wrong signal to the audience. Most people don't check TH-cam and wonder why their favorite creator hasn't posted in a while. So you're drawing attention to what could be a non-problem. An apology has the opposite effect. You're trying to assure your audience that you still care, but what you end up doing is making people thing that you don't by implying that it's a struggle to make videos for them. It sends a signal to me that you're on you're way out. The better thing to do is nothing. Just make your video and be excited about what you're talking to. If you only put out one every month or two, I think "Hey, it's the Savage Stacker! He's got something important to say!" or it just feeds into my normal expectation of when to expect your videos and I assume you're busy being savage. No apologies!
I will never understand silver people ever. I have tried for years. When silver is low you buy...got it, makes sense. But when silver is 15 dollars higher than you bought it years ago, instead of being happy...you wish it was back to 15 dollars? Why? Do silver people understand what investment means? Buy low, sell high? What exactly are you stacking silver for, if not to sell it when its almost doubled in price....btw inflation is fucking astronomical right now so even if the silver you bought 20 years ago has doubled in price (USD) you've still lost money. If you would have put the money that you have put in silver into a 401k you could have retired probably a decade ago. I collect silver still, but it is not a practical store of value in a fiat, ultra-inflated environment (aka...right now). It's not a hedge against inflation (see the years 2020-2023) and is ultimately ONLY up in value right now, not due to inflation, but due to demand in solar energy markets. Anyone who thinks that silver is going to leap to medieval Gold to silver ratios (10:1) are mentally deluded and should really contact a financial advisor (and mental health therapist). Silver stacking is a hobby NOT A FINANCIAL INVESTMENT STRATEGY.
You answered your own question in your comment my friend.
First off I respect your comment I really like looking at other points of view . But I’m just curious if you’re not really into silver why stop by just wondering?
For me silver and gold are my savings account and my retirement plan I have investments but I don’t look at silver and gold as investments I look at it as a way to save so I’m less likely to spend the money and over the past 5 years I’ve done very well ! You may have the will power to save cash but I do not I’ll spent that shit like it’s nothing I like to play and have nice things but those are wants not needs so this kind of saves me from myself. Cheers
I’m starting to think about selling some
Anything under 50/oz. is great for stackers. Don't be one of the people who said they'd "back up the truck" when silver hit $9/oz again, after being in the 12-14 range or the people who said they would do it when it went below $14 again when it was $15-$19 or the people who were going to when it fell below 20 again... they were saying that just a couple months ago and now the cost of entry has gone up over 50% of their target. US States are passing laws that are very favorable to metals. The answer is always in place before the commoners are introduced to the 'problem'. If you're watching these videos, you know what to do.
Yeah it's expensive now. I think the economy is set up to experience another 100% inflation though, so 2-3 years from now 32 might look cheap
Now’s the time to trade some of your silver (you bought low) for some gold IMO
Right you are . I’m trading on Saturday can’t get down there in the middle of the week. Hopefully it doesn’t pull back to much before then probably going to trade for 3 ounces of gold . I did pretty good in fall of 2022 when the price dropped down to 18 on ounce on silver should come out to 60 ounces of silver for free playing the GSR is in my opinion the best way to come up if we’re not looking to convert back to cash . Cheers good luck bro thanks for stopping by and commenting
Not, it should be way higher.
Like #4!!
What is the liquid in the vial??
Water
Thank you 😊.
Get rid of soda and get on keto
Haven’t drank a soda in 30 years
Like #63 🏴☠️
If the premiuns stay low.
Hey savage I tried to reach out to u a few times I have a jewelry store near me that sells slot of vintage silver .He gives me great deals I tried to tell u about a few of the different bars he had. He ends up sending to wholesaler for same price. If u want to speak to him . Let me know how I can contact u
Hey yeah hit me up . I believe I emailed you back but maybe I forgot the email in the description will work