Gold and Silver Stacker Warns Dealer: Cash Considered "Too Risky"!

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Yankee Stacking

Yankee Stacking

8 ай бұрын

In this video I share shocking excerpts from my live interview with Tim Marschner of the Coin and Stamp Shop in Manchester, NH. My gold and silver bullion dealer helps old and new stackers understand what is coming with precious metals, local coin shop dealers, the failing US economy, the Federal Reserve and Treasury, politics, and what you need to do with your gold and silver investments right now! The US dollar's reserve currency status is in jeopardy and silver and the rush to silver and gold may end soon! Watch as we discuss why stacking gold and silver to protect yourself from out-of-control governments and central banks is more important than ever before. If we abandon physical cash and adopt a central bank digital currencies, gold and silver spot prices may rise quickly and dramatically and you'll need a good stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation. Economic collapse is coming...prepare now!
Tim Marschner
The Coin and Stamp Shop
300 Granite Street
Manchester, NH 03102
(603) 624-4400
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Music By: "Three Little Drummers from the George Washington Show" and "Bugle Feature: Pezel Twist from Warlike Musick" by The United States Army Old Guard: freemusicarchive.org
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#Silver #Gold #StackingMetals

Пікірлер: 658
@EternallyThankful-os6pz
@EternallyThankful-os6pz 8 ай бұрын
As an older gentleman myself , it sure is nice to watch a couple of experienced men graciously and respectfully exchange ideas and life experiences in such a well-mannered way...this kind of neighborly conversation has become a rarity since the advent of "social" media !!
@CAPT1933
@CAPT1933 8 ай бұрын
How can I get a price on a roll of those talents.
@EternallyThankful-os6pz
@EternallyThankful-os6pz 8 ай бұрын
@@CAPT1933 I agree...they were really cool looking !!
@garrettelliott2565
@garrettelliott2565 8 ай бұрын
Silver is for barter, gold is for preservation.
@TheBajamin
@TheBajamin 6 ай бұрын
Nah. Ifn you want to buy a $10k tractor, I hope you don’t show up with 435 oz of silver lol. Just shown up with 5 oz of gold. Silver is for small purchases like groceries and sub$100 purchases. Gold is to trade for more expensive items. Think of silver as a $1-$5 bill (and the coins) and gold as. $20-$100 bill if I you have it in fractions.
@garrettelliott2565
@garrettelliott2565 6 ай бұрын
@@TheBajamin yeah I don't consider a $10k purchase a "barter." Like you said it's for smaller daily purchases. Yes, gold would be used to make larger purchases like a vehicle, home or land.
@TheBajamin
@TheBajamin 6 ай бұрын
@@garrettelliott2565 I mean the value has nothing to do with the definition of barter. Technically by paying in silver (money) it’s also not bartering. But I understood what you meant.
@chris7brook
@chris7brook 8 ай бұрын
I'm sorry but that guy's nuts for getting rid of his Pre-33 gold
@marcgraham6438
@marcgraham6438 8 ай бұрын
Definitely he’s gonna pay for a higher premiums for 1 g bars
@marcgraham6438
@marcgraham6438 8 ай бұрын
Definitely he’s gonna pay for a higher premiums for 1 g bars
@hamburger512
@hamburger512 8 ай бұрын
@@CuSTACKSyeah but he’s trading gold to do it. Paying a premium with gold instead of paying a premium with dollars. It doesn’t make a ton of sense, but I suspect this man has more than enough money.
@carldefoe4673
@carldefoe4673 8 ай бұрын
what else is it for?
@marcgraham6438
@marcgraham6438 8 ай бұрын
@@CuSTACKS when it happens it’s going to be gold backed digital currency. He puts his gold on a card and uses that. I don’t think it’s going to come down to the barter system we don’t want that world. Besides freakin tampons will be worth more than gold 😂😂
@italiang8470
@italiang8470 8 ай бұрын
The guy is over-thinking it. Buy 1/4 eagles and silver eagles, add constitutional and he’s done.
@danielp4507
@danielp4507 8 ай бұрын
Going off body language. And whats not being said. I think; 1 this guy knows something we don't. 2 this guy plans on leaving the country and needs small usable amounts in his travels. 3 This guy is doing some shady stuff and doesn't want it traced back to him. 4 he knows he's not long for this life and plans on breaking it up among his descendants.
@marcgraham6438
@marcgraham6438 8 ай бұрын
And silver for Pete’s sake
@888strummer
@888strummer 8 ай бұрын
@@danielp4507 I think he's buying these for his kids and has plenty more gold coins at home
@ronejr766
@ronejr766 8 ай бұрын
@@danielp4507if he’s doing all that.. why’s he willingly on camera?
@jimmyhat3438
@jimmyhat3438 8 ай бұрын
The premium on those combi bars are ridiculous
@pedrowhack-a-mole6786
@pedrowhack-a-mole6786 8 ай бұрын
Not when compared to fractional Eagles...
@David-rz7jj
@David-rz7jj 8 ай бұрын
And?
@MRkriegs
@MRkriegs 8 ай бұрын
Last week on sd bullion those combi bars had a lower premium than gold eagles and nobody complains about gold eagles premiums
@saltydog1196
@saltydog1196 8 ай бұрын
Silver is change for gold!
@kalani4ever359
@kalani4ever359 Ай бұрын
Never heard that. Makes so much cents
@gregshock
@gregshock 8 ай бұрын
I personally wouldn’t trade in my old pre ‘33 gold for Valcambi bars, but Fernando Aguirre, in his book ‘Surviving the Economic Collapse,’ said that after the collapse in Argentina, they were trading with about only fractional gold. He said they were cutting pie shaped pieces out of gold coins and small pieces of wedding bands with metal shears to exchange for cash or goods.
@edb3877
@edb3877 8 ай бұрын
I've read the same sort of comments from people in Venezuela, using gold scrapings to buy food and other necessities. One way to do this would be to use a hand drill to create gold turnings that could be used as payment. Put them in a small envelope and stick it in your pocket. Handling them with tweezers might be good as well. Others have used a link or two from a gold chain necklace. That's handy but gold jewelry has a very high premium.
@gregshock
@gregshock 8 ай бұрын
@@edb3877: One thing is sure, I think. If there are things for sale, people will almost certainly take gold or silver for it, before anything else, except maybe food.
@davysprocket8946
@davysprocket8946 8 ай бұрын
I just recently heard a story about guys in the US during the Great Depression. They would work their tail off all day panning rivers just to get a few specks of gold so they could eat that day. Pretty much same story in Zimbabwe or Somalia, or somewhere in Africa in recent years. I'm thankful we have plentiful amounts of constitutional silver here.
@richardpvancouver7520
@richardpvancouver7520 8 ай бұрын
In Argentina right now people are using granulated gold to make purchases .I would go with silver personally.
@richardpvancouver7520
@richardpvancouver7520 8 ай бұрын
I live in British Columbia I'm thinking of trying gold panning this spring .price is pretty much at a record .
@nicholastracy4915
@nicholastracy4915 8 ай бұрын
Seeing some digits on a screen in my bank account? Yes it IS good but it doesn't FEEL like a wad of cash does. A wad of cash FEELS different. But a stack of gold coins or silver? Now THAT is a wonderful feeling.
@TheQuickSilver101
@TheQuickSilver101 8 ай бұрын
I have to say I'm not a huge fan of the little breakaway bars. The premiums are too high. I think a guy in his position would be better off buying a tube (5 ounces) of 1/10 ounce Eagles if his goal is fractional. Well, at least he didn't exchange it for cash. Thanks, Yankee!
@edb3877
@edb3877 8 ай бұрын
Agreed. Not a fan of bars either and wonder how well they would work as barter money during a SHTF scenario. I have silver for that, so would have kept most of that gold. That was a very nice gold collection, though.
@feelnrite
@feelnrite 8 ай бұрын
I agree, would not want the bars.
@jmo82592
@jmo82592 8 ай бұрын
Just buy silver if you are going to do this. 😂😂😂😂 Gold is for storing larger amounts of wealth.
@wesleyt4109
@wesleyt4109 8 ай бұрын
The US Mint needs to get with it and make a 1/10 oz .999 coin.
@jonnythejigsaw
@jonnythejigsaw 8 ай бұрын
Great video, I'm from the UK and just leaving philidelphia. Next time I'm here I want to make a trip to see Tim
@ricinphx
@ricinphx 8 ай бұрын
One of your better videos. I really enjoy the videos where you talk to real people and share their stories,strategies and situations . I would enjoy more “stacker stories “. Well done.
@mysilverjourney
@mysilverjourney 8 ай бұрын
What a wonderful video. Its great the customer let you film the process.
@shabbydog2148
@shabbydog2148 8 ай бұрын
I have solved that problem by having silver which is much LESS than Gold per ounce AND having 1/10th ounce American Gold Eagles. I'm 70 years old and I don't expect silver/gold to skyrocket in my lifetime BUT it could happen. However, my stack has appreciated that I purchased back in 2015.
@edb3877
@edb3877 8 ай бұрын
Yes, same here, although my smallest gold coins are all 1/4 oz. I also have 1/2 oz. and 1 oz. gold coins for larger purchases. Most of my gold coins are 1-oz. Maples and AGEs. They are roughly 75% of my stack. I have these to supplement our retirement income and also to be available for property tax payments.
@shabbydog2148
@shabbydog2148 8 ай бұрын
@@edb3877 I recently sold some gold to my local coin shop (LCS), Interestingly, they gave me spot MINUS $25 for the Maple Leafs and spot PLUS $25 for the American Gold Eagles (AGE) I have 2 Proof Gold Buffalo's that I'll probably take to the grave with me.
@pedrowhack-a-mole6786
@pedrowhack-a-mole6786 8 ай бұрын
I bought a number of 1/10 ounce X 10, and 1-gram X 100 Valcambi bars because they were a better value than 1/10 ounce Eagles, and also .9999 fine.
@itsadoggydogworld8974
@itsadoggydogworld8974 8 ай бұрын
Yes that’s the standard answer and a good place to start. However some people foresee both gold and silver going up a lot and he is just covering additional scenarios with his purchase. He is diversifying his barter capabilities in case an associate wants to barter gold he will be covered. If I had way more gold as he likely does I would consider having smaller increments of gold to barter too. No idea why he is trading in the 1/4 eagle though but I guess if your talking just gold/weight value than it’s a smart move. He probably has lots more stasged
@MrBong0
@MrBong0 3 ай бұрын
Make sure your family knows the real real value of storing silver and gold cause by the time you’re 80 it’s gonna be the only thing people accept
@platinum_platypus
@platinum_platypus 8 ай бұрын
this guy is brilliant. He turned huge profits into a gold product that can legitimately be used as currency and hold it's value and as the price goes up demand for smaller fractional gold will be popular due to the cost. plus, he didn't pay the premium (due to the huge profits he made over 40 yrs), yet now, he will be able to get huge premiums in the future.
@langjr0
@langjr0 8 ай бұрын
Very good point; I think you’re spot on!
@pedrowhack-a-mole6786
@pedrowhack-a-mole6786 8 ай бұрын
A little of his profit could get shaved off by the exchange but he's still way ahead of the original cost, and he's converted it to all to .9999 fine gold in a much more usable size... smart.
@connieworcester55
@connieworcester55 8 ай бұрын
I think it's a brilliant move as well. (100x 1g. valcambi combi) premium is not bad, compare it to one 100 g. bar. which you can't use for barter for "smaller" amounts... brilliant move. a solid 100 g. bar is (as low as) $6,417.37. at SDbullion, , and a valcambi "combi ,100g. x1g". is $6,538.25. SD.. makes a ton of sense to me.
@skiman4492
@skiman4492 8 ай бұрын
Disagree....silver for barter.. gold for wealth transfer
@davidfwilliams1960
@davidfwilliams1960 8 ай бұрын
@@skiman4492 I have valcambi 1g and 10g for that.
@kroikye
@kroikye 8 ай бұрын
The Greatest Man in History ; Had no servants, yet they called Him Master. Had no degree, yet they called Him Teacher. Had no medicines, yet they called Him Healer. He had no army, yet kings feared Him. He won no military battles, yet He conquered the world. He did not live in a castle, yet they called Him Lord, He ruled no nations, yet they called Him King, He committed no crime, yet they crucified Him. He was buried in a tomb, yet He lives today. His Name is Jesus and Faith in Him will Save your Soul.
@dabone3248
@dabone3248 8 ай бұрын
Amen!
@jackokiler
@jackokiler 8 ай бұрын
Whoa that's inspiring... a guy who called himself the son of God but not coming back to help people dying, starving, being victims of madness his father is supposed to have created . This sounds like a beautiful story isn't it? how convenient that we are supposed to see the truth once we are reduced to worm food. This is beyond joke that you guys don't understand that religions are a guide not a story to take litterally
@juanresendiz56jr
@juanresendiz56jr 8 ай бұрын
Amen!!
@MrTripcore
@MrTripcore 8 ай бұрын
J lies for the gentiles
@stephenpack2202
@stephenpack2202 8 ай бұрын
It says so interesting bible so it must be true...sad !!! People can't think for themselves
@SouthWestIron
@SouthWestIron 8 ай бұрын
Those words were GOLDEN! " who's taking the risk?"
@sojourner2013
@sojourner2013 8 ай бұрын
I love the personalities that walk in. The stacker crowd is a good and interesting bunch. Never boring. Thanks Yankee and Tim. 🙌👑
@Bulletcore
@Bulletcore 8 ай бұрын
This feels like a horrible decision.
@guyazbell7844
@guyazbell7844 8 ай бұрын
Why preytell besides the obvious premium please explain
@azmike1
@azmike1 7 ай бұрын
Well, he bought them for practically nothing back in the 70's. And he doesn't want to buy big ticket items. He wants smaller denominations for barter and payments for goods and services. Sounds like a sound idea.
@timelapse4989
@timelapse4989 8 ай бұрын
I don't agree with the customer trading in Coins for Bars. In a barter system economy, people would be skeptical of bars if they didn't know if it was real or counterfeit. With coins, there are designs and features that are hard to counterfeit. I personally, prefer coins over bars. What do you guys think?
@wesleyt4109
@wesleyt4109 8 ай бұрын
Coins > Bars. There are some bars with counterfeit features. I like the Argor Heraeus Kinebars for their hologram.
@edb3877
@edb3877 8 ай бұрын
Agree and for the same reasons. 👍
@refinishmaster
@refinishmaster 8 ай бұрын
Well in a barter situation where you need a loaf of bread you don't want to shave little pieces of Gold or Silver off a coin to buy it
@raybans8712
@raybans8712 8 ай бұрын
@@refinishmasterexactly this, that’s why I’ve started buying them
@beckiwildeman600
@beckiwildeman600 8 ай бұрын
@@refinishmaster Thats why when I began stacking I started with silver dimes that will be enough to pay for a loaf of bread or a gal Milk.
@danielj3010
@danielj3010 8 ай бұрын
Tim is crushing it.
@scarter176
@scarter176 8 ай бұрын
I totally understand this man’s logic. I have some of these as well.
@Toooldforthisshite
@Toooldforthisshite 8 ай бұрын
Very educational episode, the frustration in this customer’s banking experience came right thru my computer………
@MyHeartSpitsAtYourIdeaOfLove
@MyHeartSpitsAtYourIdeaOfLove 8 ай бұрын
I will never understand why people feel it necessary to constantly insult each other. The man wanted to change how and what he is stacking, and for his own reasons. That does not make him a fool, insane or anything else. It is his stack and he can do what pleases him, and you do what you want with yours. Easy peasy, and no need for judgement.
@alexf8207
@alexf8207 8 ай бұрын
💯👍🏽
@scot6387
@scot6387 8 ай бұрын
💯
@peterstewart3806
@peterstewart3806 8 ай бұрын
Here is your answer so that you will never not understand in the future. People insult others on the Internet more than in person because they feel a sense of anonymity and detachment from the person they are communicating with. Additionally, the lack of social cues and nonverbal communication that are present in face-to-face interactions can make it easier for people to say things they might not normally say in person. Additionally, the anonymity of the internet may also allow people to feel emboldened and uninhibited. They may also not feel the same sense of accountability as they would in person.
@bigdaddyhoffman1911
@bigdaddyhoffman1911 8 ай бұрын
Thanks for another .99999 Fine A+++++ video Yankee and Tim. I open my little shop six days a week yet find myself here at 5:00 AM in the morning watching more coin shop videos and reading all the comments. Guess I can't get enough or birds of a feather flock together....lol. Good people and as always great content. We all are very blessed. Life is good. God Bless
@slapdat.byteme
@slapdat.byteme 8 ай бұрын
1-oz gold coins and bars are for wealth preservation and eventual sale to dealers or other stackers. Anyone buying 1-oz gold thinking it’s for future barter, during their lifetime, will be disappointed.
@Sola_Scriptura_1.618
@Sola_Scriptura_1.618 8 ай бұрын
I think if the Fugazi system goes under more stress, I believe the opportunity to barter will grow. But I agree, for now, Gold is for saving and preserving wealth!
@T3_Surv
@T3_Surv 8 ай бұрын
Be good barter for cars/ trucks or large amounts of firearms/ ammo
@slapdat.byteme
@slapdat.byteme 8 ай бұрын
@@T3_Surv You’re right.
@macclark4112
@macclark4112 8 ай бұрын
You Kids are a long ways away from reality. I bought a business with Gold and Heavy Equipment.
@macclark4112
@macclark4112 8 ай бұрын
And quadrupled my Gold since then.
@silverscrounger
@silverscrounger 8 ай бұрын
It makes sense to the customer for his purposes. If he is expecting a total collapse of the dollar, and we hit a shift scenario, most of the numismatic value will be wiped away by most. So taking the numismatic value of the pre33 gold and transferring it to the combibars is a smart move for his purposes. I am very much a collector and would have never done that myself.
@doogcat
@doogcat 8 ай бұрын
love these videos ty for sharing them Yankee well appreciated
@homesteadaquarius
@homesteadaquarius 8 ай бұрын
This was good. I love the perspectives offered. 40 years of building those beautiful coins up. He will be prepared for many things with those farctionals.
@skiman4492
@skiman4492 8 ай бұрын
And building Tim's net worth at the detriment of his own by doing the exchange
@Doing150s
@Doing150s 8 ай бұрын
Cash is risky, we all know, but all the gold and silver dealers take cash, which seems like the normal for the last 20 years.
@nicholastracy4915
@nicholastracy4915 8 ай бұрын
Cash is risky ONLY if you keep it in obvious places. Never fear, the art of war is here! Let deception be your friend, hide you cash beneath the trash! Or in a box of cereal, or sealed up and under a garden stone.
@edb3877
@edb3877 8 ай бұрын
Yes, but that's not where the problems are. The problem is with the banks and their sincere dislike of cash. Unlike a lot of people, I don't believe that there is anything nefarious involved in this. Banks know how much money it costs them to ship, store, count, guard, insure, and distribute cash. They don't have that issue with digital currency and not having cash would save them a ton of money. Lots of people like cash, however, so cash lingers in the US in spite of what the banks want. The banks do let us know their opinion on cash by their actions. If I go into a bank and want to deposit cash, them telling me that they "can't meet my needs" would be our last conversation... other than "give me a check for my full balance".
@feelnrite
@feelnrite 8 ай бұрын
@@edb3877 I agree I would be finished and I think this guy is too.
@langjr0
@langjr0 8 ай бұрын
But the dealers need cash to pay for people selling.
@Doing150s
@Doing150s 8 ай бұрын
I agree with you all. Facts!
@davidf3883
@davidf3883 3 ай бұрын
I enjoyed this customer and his stash!!
@bseavers
@bseavers 8 ай бұрын
Love watching you guys. Fun atmosphere and always learning more about Gold & Silver.
@kevinbounds9837
@kevinbounds9837 8 ай бұрын
That’s dumb 🤦🏻‍♂️ in my opinion. To each their own.
@edb3877
@edb3877 8 ай бұрын
I use a different term for this: "my money, my choice". This is why I never buy one of those special deals where the seller chooses what I will receive... and no, I don't like surprises in financial matters.
@BullProspecting
@BullProspecting 8 ай бұрын
He is Blessed!
@debbiecocoris8261
@debbiecocoris8261 8 ай бұрын
Another great video with interesting content as always with Tim!
@elle1014elle
@elle1014elle 8 ай бұрын
Tim is so happy when he sees you! Just wonderful!❤
@72cmcinc
@72cmcinc 8 ай бұрын
Love listening to Tim! Not sure I would make that particular deal, but we all have our reasons!
@jaybarr3307
@jaybarr3307 8 ай бұрын
Just love the Tim vids when we get to see the transactions and interactions with the customers. Especially enjoy seeing their decisions and where they end up and what they walk out with.
@Eli-qr9hc
@Eli-qr9hc 8 ай бұрын
Love the interactions between you and Tim
@M_R23
@M_R23 8 ай бұрын
Thanks for sharing your knowledge Tim..
@kevinw9073
@kevinw9073 8 ай бұрын
Interesting transaction. I don't agree with all of his transaction with his gold, BUT that is his decision. I have always purchased fractional gold because of its flexibility in the future. I have not been a fan of the small "candy" gold bars, but again you stack what makes you comfortable and fits your objective. I respect that.
@beckiwildeman600
@beckiwildeman600 8 ай бұрын
Back about 6 months ago I had to deal with the bank not have enough bills and I got a 1,000 in 50's and another time I was given 500 in 20's. Its literal the most shaking your head question. I never leave more money in the bank than what I need to till the next deposit.
@rc51price
@rc51price 8 ай бұрын
Thanks for being there for tim and his family.
@wadedavies3924
@wadedavies3924 8 ай бұрын
I also see a lot of people selling their precious metal stash at my local coin shop too. I'm sure they have good reasons but I wouldn't do it at this particular time.
@louisstennes3
@louisstennes3 8 ай бұрын
I switched to generic gold like this whether it be culled coins, 1 gram bars, etc., when I found out that certified gold coins (modern and pre 1932) were the biggest RIPOFF. Buy at a premium and then every dealer lowballs you and tells you that the coin is spotted, scratched, etc.,etc. Now gold is gold and don't care condition. You know what you have by the daily buy/sell price and weight Just the way I like it.
@LeLynx.
@LeLynx. 8 ай бұрын
1970 Formula 1 Matra, Screaming 12 cylindre engine ! The symphony of the Golden Era for motorsports. As a French, i totally agree with Mr Tim ! 🙂
@HeritageStacking
@HeritageStacking 8 ай бұрын
Now this Yankee is content. Loved every single moment.
@donbxman7080
@donbxman7080 8 ай бұрын
Wow! One of your Best vlogs I've seen Yankee! ALWAYS an eye opener to see folks talk about cash. Interesting amount of gold there. I guess trading coins for bars is no taxable or reportable transaction? Thats the stuff I THINK folks are really interested in. And the crazy banks and cash thing. Insane! Thumbs up!
@exmarine268
@exmarine268 8 ай бұрын
The Valcambi Man has the right mindset. However, 1 oz gold coins are quite barterable for larger scale needs. My motto is: “silver for your food, gold for your life.”
@StrongStacker1
@StrongStacker1 8 ай бұрын
Great video Yankee and Tim!
@robertbush8327
@robertbush8327 8 ай бұрын
I think he's making a big mistake, especially that much . I'd maybe do 2 or 3 coins, but not that many.
@refinishmaster
@refinishmaster 8 ай бұрын
Premiums are quite high on fractional Gold and Silver. More than a coin that doesn't make sense but I understand why
@samsmobilepressurewashing8422
@samsmobilepressurewashing8422 8 ай бұрын
I would have kept the onzas and the BU saint gaudens. Gold coins like those in gem grade keep going up in price.
@drewmurphy9358
@drewmurphy9358 8 ай бұрын
Depends on how big his stack is
@goldiehunter4813
@goldiehunter4813 8 ай бұрын
Id keep the pre33
@refinishmaster
@refinishmaster 8 ай бұрын
The stack is quite large been a stacker since 2007 but most of it is not in my possession I spread it out in various places. I'm too old to hold lol@@drewmurphy9358
@ccoastrider
@ccoastrider 8 ай бұрын
Tim is like a friend of mine. I would learn so much just by listening,😊
@refinishmaster
@refinishmaster 8 ай бұрын
Need to pick up some of those Kingdom Talents from Tim for Christmas gifts
@Useless_Knowledge07
@Useless_Knowledge07 8 ай бұрын
Yankee, I really like when you visit Tim and share! Last week the bank had no $100 bills and what I received was whatever reciprocated cash they had on hand. It wasn't even in the normal orderly fashion either! They just thru hand fills of cash into the counter and then put in an envelope passed to me. I had to pull over and organize it so that I could count it.. Definitely rose the hair on my kneck. I looked at the teller as she was grabbing the cash from each teller and throwing it in the counter while looking at me shrugging her shoulders. Bosses were there as well.. It truly had me feeling like the end of accessible cash in banks is near? Like you said though "we still get paid in cash or check while our loans, rent ect. can only be paid in cash, check or bank card!
@edb3877
@edb3877 8 ай бұрын
Wow, what kind of "service" was that? Every time I get cash from my local CU, they count the cash themselves and then count it again while I watch them. Never had an issue of bills sticking together or some missing. I like that... a lot. They take good care of my money and that's MUCH appreciated. While I don't knee-jerk trust ANY bank or financial institution, my local CU comes about as close to being trustworthy as I've ever experienced in my life and I am 74 years old. Been a CU customer for 46 years and have never had an issue with them that wasn't easily resolved. Good folks and they have earned my trust, unlike most of the banks with which we've dealt.
@1011Shke
@1011Shke 8 ай бұрын
Not Good. I always count my cash recd there at counter or sitting in the drive up. The cameras can see me. If my bank just three it on counter or as you noted, I'd tell them to do it right, or get Mgr and let's ha e a discussion. No reason for that type of humbuggery business. Joorah YS and Tim. Keep the good stuff coming.
@Useless_Knowledge07
@Useless_Knowledge07 8 ай бұрын
@@1011Shke I don't leave. I just pulled aside. The cameras were definitely on me the whole time. The managers were watching. Something is up for sure. Who really knows?
@jeannettebrewer3007
@jeannettebrewer3007 8 ай бұрын
What bank are you talking about?
@Useless_Knowledge07
@Useless_Knowledge07 8 ай бұрын
@@jeannettebrewer3007 One of the biggest, if not the Biggest! Seriously, the most money flow in the USA. That's all I will say.. Look for CEO cashes in, like a week or two ago. I have a good rapport with my banks. That big bank will be one of or the last one standing since it handles entitlements.
@mydanshi9683
@mydanshi9683 8 ай бұрын
Superb. Loved this video. Sensible, trustworthy, knowledgable people having a chuckle about the banks and their strange ways. We should all think of banks like this. And doctors, and education. Once you can think for yourself you are free. I’d keep gold coins as I would use them to buy expensive stuff like property.
@martinfromseacity2010
@martinfromseacity2010 2 ай бұрын
Always interesting, Thanks
@BLAM777
@BLAM777 8 ай бұрын
Banks are the rock solid backbone of America. Gotta love Tim's take on things, especially our corrupt government.
@edb3877
@edb3877 8 ай бұрын
Yeah, that was hilarious! Great comment, Tim. The sarcasm was palpable. 😀
@Jakes3130
@Jakes3130 8 ай бұрын
I've been wondering about this for some time. It seems people make a big fuss about fractional metal. When it comes down to trade and barter time; you need fractional metal; you just cut an ounce into whatever fraction you need. People will become adept at testing gold for content and amount again, because they'll be doing it every day. That's what Americans did when we used Spanish gold and silver coins before we had our own currency. The American colonies used the Spanish silver dollar as the coinage for their time. It was also known as a "piece of eight". That's also why "two bits" is another name for a quarter. Look it up . As far as trade and barter, just cut your bullion coins into sections like they used to do. Probably krugerrands or Gold Eagles would be better to have because they're harder and they don't wear down so easy.
@danielbbq
@danielbbq 8 ай бұрын
Great video. This gentleman needs to know about the UPMA! The best way to spend gold.
@949Designs
@949Designs 7 ай бұрын
Excellent video with tons of underlying information.
@stackerMannsrabbithole
@stackerMannsrabbithole 8 ай бұрын
I always love these videos with Tim. Ive been wanting to call his shop just to say ive bought something from him. Heck id be happy just to have one gram of gold, but i scored a handful of copper pennies today so good enuf 😁
@jefferywilson4091
@jefferywilson4091 8 ай бұрын
I love this guy's story.
@ARS757
@ARS757 8 ай бұрын
Isn’t he walking away with less gold than he came in with? Why not just get silver or 1/10 ounces instead? To each their own, I guess.
@raybans8712
@raybans8712 8 ай бұрын
1/10 is still to high for bartering for food
@travismorrison904
@travismorrison904 8 ай бұрын
I swear I can’t figure this out! To each his own it’s his choice but I’m just straight up confused.
@thekiwiclipper1113
@thekiwiclipper1113 8 ай бұрын
​@@raybans8712then use 90% junk silver for barter. He just lost over 30% of the gold he had before by this trade. In a barter economy there's no way the high premiums on one gram bars would hold up.
@Mr8675309ful
@Mr8675309ful 8 ай бұрын
@@raybans8712 it depends, not if you buy enough food. It's only $200.
@annettewest8739
@annettewest8739 8 ай бұрын
I bought the combi bars in silver and gold. I was told I was stupid and overpaid. This makes me feel better. :)
@BigTomInTheBasement
@BigTomInTheBasement 8 ай бұрын
Going all in on those bars is weird. Silver works fine for regular transactions. Gold ounces work for the big things one would buy with it, land, houses, etc.
@ronejr766
@ronejr766 8 ай бұрын
Love the channel
@susangortva7939
@susangortva7939 8 ай бұрын
loved that customers story. super smart.
@houston5365
@houston5365 8 ай бұрын
Fractional gold will always be used in time of economic crisis for currency. In the late 70s there were gas stations that would trade a gallon of gasoline for a pre 64 dime for its silver content. I think it is a mistake not to diversify your silver and gold holdings. The gentleman is correct in that it will be harder to find someone to take ounce or greater gold for everyday goods.
@martinb4093
@martinb4093 8 ай бұрын
Your best video so far!
@aspiringalchemist8398
@aspiringalchemist8398 8 ай бұрын
That was a really interesting video. I don’t think I would’ve ever thought to barter with gold. And if only I had been stacking since the early 80s or however, long it’s been for this gentleman. Wow!
@COUNTINGSLURPULA
@COUNTINGSLURPULA 8 ай бұрын
Awesome video, Yankee! 🇺🇲
@shanelewis617
@shanelewis617 8 ай бұрын
I LOVE the idea of 1 g. Bars of precious metals for bartering!
@meluaufeet
@meluaufeet 8 ай бұрын
Im not going to question a guy that stacked that much gold, over all that time.
@davidpaul2914
@davidpaul2914 8 ай бұрын
Gold is my store of value of wealth long term, silver is my barter but I’m holding at present on present values, cash is my present payment method along with barter of whatever I have 😉👍
@Sola_Scriptura_1.618
@Sola_Scriptura_1.618 8 ай бұрын
The Government in Canada has already shown their hand when they froze Assets from the Canadian Freedom Convoy. I am reducing my exposure to Fugazi money and the fugazi system. I save in PM and transact in fugazi.
@Willie-lh4jr
@Willie-lh4jr 8 ай бұрын
I'd say no smaller than 1/10th ounce is good.
@GR19611
@GR19611 8 ай бұрын
I know of a gentleman that exchanged 2 ×1 kg gold bars for 1800×1g perth mint bars.
@OTAlucard
@OTAlucard 8 ай бұрын
He lost 200 grams of gold wow
@stevewoods8116
@stevewoods8116 8 ай бұрын
Thanks Yankee!!!! 😎
@BpMetalMilitia
@BpMetalMilitia 8 ай бұрын
Awesomeness gentlemen 😊❤
@bencruz563
@bencruz563 8 ай бұрын
To have a small spendable stack of gold and silver is prudent. I think my primary barter would be things like whiskey, coffee, surplus chicken, surplus eggs, and any other staple that fits my lifestyle. Probably trade my skill as much as possible. My ambitions are simple and I have no idea what more sophisticated lifestyles might require in the preparedness department.
@edackley8595
@edackley8595 4 ай бұрын
Agreed. Profile this dude. Older, wealthy and has a spouse he loves dearly. He realizes he's in a spot if things get wild. His skills department probably isn't that practical and he's operating from a perspective of a bit of fear. He's got stored wealth and gotta hope the likes of someone like you would agree to a barter. Truth be told, he should just take up beekeeping, the honey would be practically as good as those gram bars he's buying, but this dude's best days are behind him and he knows he's looking at choking on them gold coins.
@mike-ul1fi
@mike-ul1fi 8 ай бұрын
"40 some years later, still married" that is the response i would have completely expected right after he said no she did not give him a hard time, that's because a couple that invests together or respects good investment decisions the other one makes stays together, they have become a team, the ones who fight tooth and nail about money do not. just my opinion after 37 years together with my wife that has been 100% supportive of my real estate, pm's, stocks etc. as well as a couple good decisions on her part as well, we have watched other couples invest in nothing, save nothing and fight about money thru the years typically resulting in a split. cheers
@VonFredrick777
@VonFredrick777 8 ай бұрын
Great to see the older coins
@TheScapegoat420
@TheScapegoat420 8 ай бұрын
If shite went down and we had to barter gold and silver people would cut them up.
@Thomass7878
@Thomass7878 Ай бұрын
That’s awesome!
@seymourrivers6169
@seymourrivers6169 8 ай бұрын
1 gram pays for two good adult meals so I like the idea. Very discreet for a tough neighborhood to pay that way.
@jg29271
@jg29271 8 ай бұрын
Nice snag on the silver tube Yankee 👌🏽
@onmyworkbench7000
@onmyworkbench7000 8 ай бұрын
Too risky because they know *_CASH IS ABOUT TO CRASH!!!_* And the don't want to be left holding a boat load of *_WORTHLESS CASH!_*
@365xmacronocomp
@365xmacronocomp 7 ай бұрын
I'm new to stacking trying to do it right and not do it compulsively but I like to he seems trustworthy from what I've seen and he just seems to have a reputable business that is so hard to find these days I need to drive up there and see him one day
@williamscott8229
@williamscott8229 2 ай бұрын
Me too. Not a newbie but I started stacking again after a 25 years hiatus and hearing the horror our government is doing to finances.
@rwally3able
@rwally3able 8 ай бұрын
Thankyou!!!!!!
@sir.shmugly2921
@sir.shmugly2921 8 ай бұрын
If one dollar of currency is worth 2 cents, then a million dollars is worth $20,000
@nicka1833
@nicka1833 8 ай бұрын
That guy was very smart love to see why he originally started stacking
@edackley8595
@edackley8595 4 ай бұрын
70's was time of YUGE inflation. My mother squirreled away JFK silver half dollars and mercury dimes. I've still got 'em.
@rdh67dh
@rdh67dh 8 ай бұрын
A better move was switching this to silver and when the gold/silver ratio gets in favor of silver(what it will be big time) switch back and buy the same amount of gold back.
@1011Shke
@1011Shke 8 ай бұрын
I bought the majority of mu fractional gold years ago. When i buy gold now its 1 oz coins, ASEs and Buffalos primarily, maybe 1/2 oz depending on my liquidity at the time and catching a sale on 1/2s.
@LooneyTunes4
@LooneyTunes4 8 ай бұрын
Love Tim but can you tell him to turn down phone ringer during video...
@YankeeStacking
@YankeeStacking 8 ай бұрын
I will.
@Ace-Brigade
@Ace-Brigade 8 ай бұрын
Man who sells umbrellas tells us to expect rain. 😂😂😂😂😂
@austinferris2664
@austinferris2664 8 ай бұрын
The premium on valcambi bars is insane! I bought 2 sheets and will never do that again.
@blademan4089
@blademan4089 8 ай бұрын
I would have kept the pre 33 ..traded the rest for 1 gr maples.They come on a card of 25.
@bunyamin4235
@bunyamin4235 8 ай бұрын
He's so happy about the Recession coming in, like he's super excited to be witnessing it.
@edackley8595
@edackley8595 4 ай бұрын
What you smoking? Ain't no recession coming around me. You live in Cali or some other nonsense place?
@cycloneboss5233
@cycloneboss5233 8 ай бұрын
Ralph buddy ….. Good to see ya Chris in Nashua
@georgina979
@georgina979 8 ай бұрын
I love those Valcami bars. They're fun to stack. Who am I kidding? Bars, rounds, coins... they're all fun to hold but more fun to stack.
@barrettemonique9070
@barrettemonique9070 3 ай бұрын
I like the way you roll. Its all about the engine!
@wdbeckiv
@wdbeckiv 8 ай бұрын
I have been waiting awhile for a video on the combicard
@anthonys239
@anthonys239 8 ай бұрын
My silver is for my smaller purchases. Gold would be for much larger transactions!!
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