Silver Investing 2024 - Why You NEED to Be Buying Silver

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Silver Investing 2024 - Why You NEED to Be Buying Silver

Рет қаралды 42,055

Күн бұрын

In this video I talk about silver investing in 2024 and Why I think it is a good idea to be buying silver. I talk about why I will be buying silver in 2024 and some of the reasons that we might see higher silver prices in 2024 and beyond. I have been silver stacking for many years and I see 2024 as a silver accumulation year, but also a year for potential higher prices as well. The FED is talking about rate cuts which could be huge for silver price. In this video I talk about investing in silver in 2024 specifically. if it is a good idea to invest in silver in 2024 or not will be determined by the strength of the dollar. I use the term investing in silver 2024 rather than silver stacking 2024 because I look at the possibilities of a massive jump in the spot price. if you are investing in silver bars or investing in silver coins then you should be keeping a sharp eye on the spot price and be on the lookout for any major changes up or down in 2024. This is not an investing in silver for beginners video but is rather targeted at the casual silver stacker, or someone who has contemplated buying silver in 2024. I will continue to invest in silver and stack as much as I can for years to come. I hope this silver investing 2024 video can help you decide weather or not silver is a good investment for you or not!
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Topics I cover in this video: silver investing 2024, buying silver in 2024, silver stacking in 2024, silver investing in 2024, buying silver 2024, 2024 silver stacking, 2024 silver investing, is silver a good investment in 2024, investing in silver, investing in silver 2024, investing in silver for beginners, investing in silver bars, investing in silver coins, investing in silver in 2024, silver investing for beginners, silver investment 2024, silver investing, invest in silver, invest in silver 2024, silver stacking 2024, silver stacking, silver spot price 2024, silver price, silver price 2024, silver price in 2024, silver news, silver news in 2024, silver, silver coins, silver bars
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Пікірлер: 343

@heyzooz 2 ай бұрын

Ive been holding silver since it was $18-20 an ounce. Was going to sell at $30 but I think it will go much higher in a year. Patience is key. 😎👍

@CUBAZE 2 ай бұрын

Sell whenever you need money. No need to sell if you don't need to spend anytime soon. Except if you notice an instant peak that would last a day or two, then try to sell lol. But mostly, keep it.

@Commin_Cents 2 ай бұрын

I'm holding all of mine until I'm ready to retire. I'm almost certain that the price of silver and gold will be much higher 25 years from now. I'm strapped in and ready to ride the ups and downs until then. No reason to try and sell when it goes up a little here and there unless an emergency of some sort pops up and I need the cash before then.

@CUBAZE 2 ай бұрын

@Commin_Cents Just a little question we've been asking me a lot, how are you going to sell everything if an emergency comes? Would you be able to do it at a good price in a day?

@SilverRhino. 2 ай бұрын

Not to answer for Commin_Cents , but it is fairly easy to cash out your silver and gold without losing your shorts. Of course a lot of it depends on the market and what spot price is. I've got three LCR's (local coin retailers) close to me. I call them and ask what they are paying. Right now the best I found is three dollars over spot on American silver eagles, spot price on most of my 1 ounce silver rounds, and a dollar back of spot on my 10 ounce silver bars. I carry in my silver and I walk out with cash or a check. Pretty simple.

@CUBAZE 2 ай бұрын

@SilverRhino. Why buying silver eagles with high premium when you can get some other bullions on spot?

@Jayjay-no7sp 2 ай бұрын

I just started stacking silver and the amount of information I have gotten from watching your videos is awesome 👍

@zdawg7887 2 ай бұрын

Silver dragons is a pretty good source of information! Dub C coins and precious metals on KZfaq is another good source as well. 2is1 is great if you want to dip your toes into gold. Gold is a very good investment and I prefer it to silver. Just wanted to give you more information for more research since you are starting out.

@FLmetalhead 2 ай бұрын

Follow- Smart Silver Stacker, Salivate Metal, Silver Seeker

@zdawg7887 Ай бұрын

Silver dragons is a good source of information. So is DubC numismatics and 2is1 along with spegtagular.

@getx1265 2 ай бұрын

Best addiction ever... I'm still accumulating silver regularly. Never could have managed such a savings account any other way.

@e.t.preppin7084 2 ай бұрын

Me either. I probably would be buying valuable assets of some kind but I prefer silver after other basics are taken care of

@SilverSteeler72 2 ай бұрын

Same here! Both statements true for me. It’s a definite addiction and was never able to save anything before starting to stack.

@Bobbydazzlla 2 ай бұрын

I swapped 10 kg of silver for 5 oz of gold 2 weeks ago when the ratio hit 73 oz/1 oz. I couldn't have timed it better with my newly found toy. Gold is my security and silver will be the work horse. Hedging with both is my plan.

@Cheekscanyon69 2 ай бұрын

Did the EXACT same thing !

@Dean-j7n 16 сағат бұрын

Cool idea I agree.

@dustinweaver3032 2 ай бұрын

I bought a quarter ounce gold Britannia, 10 silver 1 ounce Buffaloes, and 10 dollars face value 90 percent silver half dollars from sd bullion today. I'm going to keep buying gold and silver.

@johnbaker4246 2 ай бұрын

Precious metals are not an investment. They are a form of wealth storage.

@biglou7733 2 ай бұрын

That might change

@slickrick1856 2 ай бұрын

Say it again for those who weren’t paying attention

@hydraxc2478 2 ай бұрын

Exactly. To be specific, they are a long term preservation of wealth, with somewhat of a hedge against inflation.

@LarsLarsen77 2 ай бұрын

That's the goal of investment, to maintain (and hopefully gain) purchasing power.

@LarsLarsen77 2 ай бұрын

@@hydraxc2478 Except gold is down 2% a year every year on average since it's ATH in real dollar terms in 1981. That's bad.

@calebfast8088 2 ай бұрын

I just sold about half of my silver stack today. Sad to see, in a way, but it's my savings account and I just had to do a withdrawal for something I've been waiting to hop onto! Silver is an awesome savings account.

@richardmetcalf2346 2 ай бұрын

I don't look at silver as an investment. I look at it as insurance. Cool display!!

@bradleyjordan5365 2 ай бұрын

Original...

@johnbaker4246 2 ай бұрын

@@bradleyjordan5365 And yet not wrong

@darrenhudson5503 2 ай бұрын

Definitely a savings account...pure and simple

@PepeCoinMania 2 ай бұрын

Because it’s not an investment 😊

@ChloeCarter-kd7gz 2 ай бұрын

Investing in gold and silver seems like a good move, especially with the current market uncertainty.

@EricaWaters-lr6zw 2 ай бұрын

Absolutely, gold has always been a safe haven asset in times of economic turbulence.

@OliverLiam-px3vx 2 ай бұрын

But is gold from of investment ? I've heard stories of people wasting money because they didn't understand the market.

@LeahLewis-ny9iu 2 ай бұрын

That's true. Without proper guidance, it's easy to make costly mistakes.

@AshleyKeith-vw7ws 2 ай бұрын

DESIREE RUTH HOFFMAN is the guide you're looking for. Her expertise in financial planning can help navigate through the complexities.

@ChloeCarter-kd7gz 2 ай бұрын

I've heard of Desiree Ruth Hoffman. Isn't she known for her comprehensive approach to financial planning?

@emmabeyza6036 2 ай бұрын

Thx so much for your work and info. Eversince you introduced us to Abby Joseph Cohen Services, I now watch all of your content cus I believe I can succeed following your advice and wisdom. My main Affirmation and major plan for walking away from my 9 to 5 job is my 30000 USD weekly returns from my investment with Abby. Forever grateful to you

@ellaaysun6181 2 ай бұрын

I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here

@ryancihet555 2 ай бұрын

@ellaaysun6181 How can i reach her, if you don't mind me asking?

@ellaaysun6181 2 ай бұрын

@ryancihet555 Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@ohmakure4716 2 ай бұрын

Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.

@Victory63219 2 ай бұрын

Abby Joseph Cohen hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I'm stoked because I'm heading into retirement with almost a million bucks in my portfolio.

@stardust949 2 ай бұрын

My entire "journey" with silver stacking, which only began in 2021, has been a spiritual experience as much as anything else. Yes, it's helped me feel more 'Prepared' for the collapse of the U.S. Dollar, but it's been so much more than that. I've enjoyed your channel and a couple others to share information and thoughts on it. I am not the biggest stacker, that's for sure---but am pretty pleased with all I've managed to stack.

@lukemiller3230 2 ай бұрын

Silver is great. Make sure you can protect it with brass as well. Be wise and be kind we will all get through this together.

@HoldingPreciousMetals 2 ай бұрын

Not an investment, hopefully my stack will go up in value over time but I specifically stack to hedge against inflation, and boy are we in for it with hyperinflation/ stagflation starting to linger. Stack baby stack!

@Userhfdryjjgddf 2 ай бұрын

Not an investment??? Just like buying stocks. Hopefully your purchase goes up over time If your putting your money somewhere hoping to do more with it than under your pillow Pretty sure that's an investment

@biglou7733 2 ай бұрын

Silver has nearly doubled since 2016, yet usd has lost maybe 25% of its value since then at the most. It is an investment now, it wasn’t 20 years ago

@hydraxc2478 2 ай бұрын

@@UserhfdryjjgddfSilver is too volatile to always be an investment. I bought half my stack at 18.50 an oz. If I sold right now, sure I made a little money. But I couldn't count on that. If you don't stack thinking of the long term, you may end up disappointed when there is no profit after weeks or months of waiting for a crazy increase in cost.

@LarsLarsen77 2 ай бұрын

@@biglou7733 Yes but there are also long periods where it doesn't even keep up with inflation.

@LarsLarsen77 2 ай бұрын

@@hydraxc2478 Thinking long term is how people with no stop loss think about their -90% crypto accounts. It's not going to make up for bad risk management and money management.

@darrenwilkerson6987 2 ай бұрын

I just bought 5 ounces last week. Enjoy doing it yes it is addicting

@gmove420 2 ай бұрын

bought 4 1 oz englehard bars 2 1 oz liberty bars and 1 10 oz apmex in last 2 days 😅

@marshallvinsant2630 2 ай бұрын

like I have always been saying, my silver and gold is like my savings without using the bank

@davidfaria6194 2 ай бұрын

It is addicting, and silver is beautiful

@adamskove 2 ай бұрын

Buy what you can, and just sit on it. 😌

@e.t.preppin7084 2 ай бұрын

Purchase it every week. Sometimes multiple times. Very addicting and when the music stops I’d rather be holding silver than fiat.

@user-gm6jv1bh1w 2 ай бұрын

Just got my first order of silver in today, im excited to start stacking, glad i have you on here to help me stay informed.

@lisabibby6274 2 ай бұрын

Congratulations!!

@stewart5284 2 ай бұрын

Perfect video to explain to a beginner why you can't afford to not own silver in 2024! I started stacking in 2011. You're right! It's a great way to save a lot of money privately because you don't want to sell it especially if you've hidden it away very well because it takes a lot of work to recover it and spend it. Just buy some bullion regularly especially on dips. You will be pleasantly surprised after years of stacking! 👍

@billporter1318 2 ай бұрын

Stacking has been a tremendous savings over the 6 years I've been doing it. Great hobby and wealth preservation. Nice content as always silver dragons. Always look forward to watching your videos.

@kenolson2586 2 ай бұрын

Always great videos from SilverDragons teaching and sharing important knowledge on Silver

@CdA_Native 2 ай бұрын

When my wife (foreign born) learned that in the US she could buy silver and gold, she started "stacking" before learning what stacking meant! Wasn't long before she got me hooked too! I explained Scrooge McDuck to her and now she wants to fill a swimming pool with silver coins, and dive in!

@dicky7600 2 ай бұрын

I tried putting all of my silver in a pool and dove in. It's not like Scrooge portrayed. You cannot, in fact, dive or swim in it. In fact, I've found that it hurts.

@CdA_Native 2 ай бұрын

@@dicky7600 I want to see your pool!

@dicky7600 2 ай бұрын

@@CdA_Native once I clean the blood out of it...

@johnmorgan9731 2 ай бұрын

Lost all ASEs, 57 of them. But now I have a running vehicle, good on gas, working AC, and low miles

@bubbacade6787 2 ай бұрын

I buy silver because if I take the currency that's in my pocket and buy anything else it is just a product or a service that is overly inflated and usually with a certain level of lackluster results. I bought twenty rounds and a silver dollar commemorative graded by NGC in a 70 this weekend from my LCS for $600 cash. No matter what happens in the banking or currency situation in the world, I have something tangible that is always worth something of value.

@markpoplin2615 2 ай бұрын

Saint George slaying the Dragon 2oz proof is very shiny! Love it

@fishiemon64 2 ай бұрын

I like silver because it's shiny 😅

@CUBAZE 2 ай бұрын

Shiniest element on the periodic table!

@hektoerdonovan2121 2 ай бұрын

The issue with buying silver as a speculation of spot pricing is you pay so much in spot fees. Right now at apmex the cheapest round is $32.63 per ounce while index price is 29.64. Unless you buy massive quantities you are instantly 10% in the hole. The cheapest gold coin is 2371.29 while gold index is 2331.30 so you ate 1.69% in fees. Whether you wanna look at silver as a quasi-daytrade thing with instant index price fluctuation or long term value, I just see gold as being better. Everyone knows either silver is being intentionally kept down in which case you shouldn't expect value growth on it or its not intentionally kept down and thats just what it is, in which case you should buy gold to avoid excessive fees. A single gold coin costs 2371 to get into your hands and is worth 2331 while 73 silver rounds cost the same and is worth 2173.

@hektoerdonovan2121 2 ай бұрын

For reference i do stack gold, silver and lead (which has given me best value growth in last couple years).

@daviniarobbins9298 2 ай бұрын

I rather stack gold Sovereigns or 1/4th oz gold coins tbh than silver. Don't get me wrong though I do like silver but the profit is in gold not silver. An oz of silver currently is worth about £23 but it could still be worth £23 in 25 years whereas an oz of gold will make its money back and then some. Gold in the last ten years the lowest was £680 and the highest was £1954. The price of gold doesn't fall as much. In 6 months silver could be back down to £17 an oz whilst gold may be at £2000 by the end of the year. I rather stack platinum over silver.

@soundcasts2udios 2 ай бұрын

Like any investment, think LONG term. Think in years, decades.

@LarsLarsen77 2 ай бұрын

There is a reason short term capital gains tax is so high, its because of how WILDLY PROFITABLE short term trading is.

@InvestmentSeeker 2 ай бұрын

Saudi Arabia has already stopped using the dollar as of last week.

@mrbiglicks8267 2 ай бұрын

Not true. They're just accepting other nations currency for oil. They still use and accept the dollar.

@VETERANPREPPER1 2 ай бұрын

Source?

@mrbiglicks8267 2 ай бұрын

@@VETERANPREPPER1 is not true. My comment was deleted.

@Lucas75332 2 ай бұрын

This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!..

@liammateo287 2 ай бұрын

Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to kiana rachel

@DivineChibueze-od8py 2 ай бұрын

I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading.

@Lucas75332 2 ай бұрын

How can someone know a professional broker when legit once are hard to find this days

@liammateo287 2 ай бұрын

She's recognized as 'Mrs Kiana rachel . One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

@philipbenson746 2 ай бұрын

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent, and have strong hands to back it up.

@TropicalBeatDown 2 ай бұрын

I love causally collecting silver especially things I like, but when I sell some of it I never really gain anything, so I think that's an important thing to note.

@TheNolyverse 2 ай бұрын

Addicting to buy could be an understatement, my lcs is my favorite place to visit rn 😁

@jasonking7729 2 ай бұрын

Those USS Constitution pieces are so awesome. I keep mine with an American flag that was flown on her. 🇺🇸

@jossie787 2 ай бұрын

Thanks for your explanation.

@darrenhudson5503 2 ай бұрын

I use my silver stacking as a savings account..nothing else.. I have managed to save £600 in 2 weeks..no way I could do that by saving cash

@MarkGesswein 2 ай бұрын

I’ve been itching to buy some gold for awhile now, but I just can’t justify it, given the gold/silver ratio being so heavily weighted towards silver.

@MrThespian4 2 ай бұрын

gold isn't going to get cheaper, but silver is a better buy with up side potential.

@MarkGesswein 2 ай бұрын

@@MrThespian4Agreed!

@montanastacker 2 ай бұрын

I Just Keep Slowly Chipping Away at Silver! Great Video SD! Keep on Stacking!

@lordaleron2912 2 ай бұрын

Im trying the best I can to stack often. I’m stacking for the long term investment. I recently bought 17 tubes of silver eagles and - darn it - I want to keep it up, but I can’t sustain that kind of investing. That was about $10K - happily spent - to start me off. I need a side hustle to keep it going because my wife is still skeptical and doesn’t like what she sees as “risk”. I see “risk” as NOT stacking.

@DanCooper404 2 ай бұрын

I sold some silver awhile back. My LCS gave me spot price for everything, Eagles included. I won't be buying them again in the future. Generic and 90% only for me going forwards.

@lordaleron2912 2 ай бұрын

@@DanCooper404 If in 15 years they’ll still be accepting generic silver (and why wouldn’t they be?) and you continue stacking, you’ll get more weight with rounds for sure. Usually though, LCS pay a bit behind spot, or at spot, for generic silver. As for eagles, LCS’s usually pay a bit above spot for eagles, so that’s a plus. But the big thing for me, is when you cash in the eagles, (or 90%) no matter how many thousands of dollars worth, you don’t pay any capital gains taxes. You do with generic silver if you cash in over $1000.00. Also with eagles, you have to stay in the game long enough for spot price to exceed the premiums you’ve paid to break even. That could take a while. So eagles are a long game investment. Between 1994 and 2009, (15 years) silver price rose 277%. Between 2009 and 2024 (15years) silver price rose 202%. Thats enough to wipe out any premiums paid for any type of silver. You wont feel a thing.

@breathout5829 Ай бұрын

Problem I find with silver is the tax and premiums mean you end up paying so much above spot price. Almost impossible to break even let alone profit

@Empyrean_Enigma 13 күн бұрын

I live in Alabama, bullion isn't taxed. But I bought a silver peace dollar and it got taxed. I guess because it's considered numismatic.

@MrKiwi13605 2 ай бұрын

I love you showed the USS Constitution rounds in your display & your purchase. I bought 6 of those this week after seeing them on Stackers Social. I saw them recommended by a stacker in the UK of all places! So of course I ordered a few of Ebay! Crazy I got 6 and 1 was bad! Sigma test everything baby!

@manuelvilar4496 2 ай бұрын

Thanks for your information

@markcazaressr.1244 2 күн бұрын

Im 52 and just started I bought my first 20oz and going to buy a little every week

@DennisButton-lh6gr 2 ай бұрын

love my silver...keep stacking.

@rossacohen314 2 ай бұрын

Great video, EXTREMELY informative!!!! Thanks!!!

@JSVintage 2 ай бұрын

Silver = No Risk. Got it!

@bestprice1776 Ай бұрын

Silver $35 Gold $3500 Bitcoin $1,000,000

@madlad8059 2 ай бұрын

Just bought my first two ounces of silver 1/4 oz of gold I plan to keep stacking just to see where it all goes

@royharris7135 Ай бұрын

Well done, i started 18 months ago 5g gold bar and have been adding monthly 1/4oz gold or 20oz silver even in that short time span the stack is coming along nicely and great to look at

@Dean-j7n 16 сағат бұрын

Spoke to an honest silver dealer today. Bought for about $33.00 said he'd pay me 29.00 if I brought it back tomorrow. Roughly of course. Not bad I had heard you'd only get back about 40% usually. That's the place I'll deal with.

@user-dh9cv7oo4e 2 ай бұрын

Silver and gold to the moon ❤

@royharris7135 Ай бұрын

I heard mars

@jacktregellas4355 2 ай бұрын

I bought 10 Germania mint 1 oz cast bars last week, they are super shiny when you remove the plastic wrap and feel chunky for such a tiny bar. I also buy silver for a fun savings account. The rise and fall are a moving target to pull the trigger on a good price. Thanks SD.

@modus_operandi2508 2 ай бұрын

Where did you get them ? if you don't mind me asking...I'm into top tier mints bars also ,TY

@jacktregellas4355 2 ай бұрын

JM bullion on sale right now

@Schlatter52 2 ай бұрын

Love the cowboy rounds

@kenr3471 2 ай бұрын

I bet we dont get a rate cut this year

@stardust949 2 ай бұрын

nope, the rumor is hyper-inflation, as in, think food and goods cost a lot now? ain't seen nuthin' yet!

@markpoplin2615 2 ай бұрын

I second the idea of “ SHINY”!

@bigdogs-29 2 ай бұрын

The ASMR visuals of your PARTIAL stack is so relaxing. Thanks. StackOn.

@spyderhead7160 2 ай бұрын

Silver is NOT an inflation hedge! Adjusted for inflation, silver should be north of $50 oz now.😎

@b.j.stambaugh9213 2 ай бұрын

Since January 11th I've managed to stack an additional 261 oz's of silver and 1/2 of gold to add to my stack...my last order was on June 14th...so I am still buying the dips and still stacking...smiles

@aaronpaolilli8578 Ай бұрын

@10:00 This is why Goldbacks are 100% Legal Tender.

@maskedninja7658 2 ай бұрын

My concern about silver is price. From 2010 to 2021 silver has stayed below $20 to $30. You had some outliers at certain times. We had QE and rates at 0% during that time too. Why would silver go higher now when QE starts and rates going back down? It did not work last time. I like gold better.

@jpdurr 2 ай бұрын

You articulate that the US Currency could be removed as the world's reserve currency, like it is a switch that will be flipped. It is so far from that, that you do a disservice in describing it in such a way. It could happen but it would be a long, gradual slide. The only time I think it could be described as not being the world reserve currency is only after something else replaces it, in a Measurable way (that other currency is held in aggregate more so than the US Currency is). Again, this could happen, but it is not as fast or soon as you describe it to be.

@richardrbrynerjr.7912 2 ай бұрын

Collecting coins and building sets since 1965, now its time too stack Jack!

@nicolasrossi5978 2 ай бұрын

Thanks. Still about 3/4ths of the comments here show people looking for that appreciation, like silver is a blue chip stock ( think I.B.M. or Proctor & Gamble or Standard Oil shares in the 70's) or 80's-90's realestate/apartment complexes. Silver does not generally function that way. Do your due diligence folks. It can help preserve wealth but growth in silver is not linear, has a history of percipitous 'ups and downs', and has not even really kept pace with inflation. What it does have going for it is that it will likely always be worth something, and will therefore be useful no matter if it appreciates or is somewhat devalued from its current trade-able value.

@kirbdawg5307 2 ай бұрын

Happy Belated Father’s Day Silver Dragon 🐉 to all the Fathers out there but most importantly the One Father of All mankind YHWH!!! The “ I AM “!!!

@RICHIELUXURY 2 ай бұрын

I’m not a metals investor and you can always buy silver with gold. Therefore gold is superior in my opinion.

@Goldylocksss 2 ай бұрын

Absolutely agree with you 👍🏻👍🏻👍🏻👍🏻😊😊😊

@70Eldo 2 ай бұрын

well.. wouldn't the COMEX manipulating the price be a form of 3rd party risk? 😁

@MarkGesswein 2 ай бұрын

Good point, but paper shorts are finding it harder and harder to manipulate spot, due to the arbitrage situation that the Shanghai exchange presents when it offers to buy physical silver and gold at a better price than the London fixed spot.

@BoxStudioExecutive 2 ай бұрын

What about the real counterparty risk -- having a fake slip into your stack?

@MarkGesswein 2 ай бұрын

@@BoxStudioExecutiveThat’s why you only buy from reputable dealers and sellers. Everybody gets burned at least once. But, usually only ONCE!

@scottphillipy9831 2 ай бұрын

Yet more good info. Yes, it is very addictive, cause there are so many different types to pick from. Thanks again for the info.

@DMC.Photography 2 ай бұрын

New to stacking, thank you for the great information in the videos!

@tedlov06 2 ай бұрын

Great video. Thanks for sharing SD

@truckerflip9977 2 ай бұрын

I been dumpster diving for cans and any other type of metals to sell so I can buy silver coins. I’m even donating plasma to buy silver

@johngiles7050 2 ай бұрын

Started stacking In March, should’ve discovered your channel earlier.

@JakeBooth1 2 ай бұрын

Same

@russellharrington6038 2 ай бұрын

How do you view precious metals IRA's. I see risk there in not holding them myself.

@2Eaglez 2 ай бұрын

Disagree on gold vs silver, especially for long term wealth. Definitely agree on holding your own physical precious metals. Natural disasters can also be a threat to your stack - tornado, hurricane, fire, flood and etc.

@RICHIELUXURY 2 ай бұрын

Gold buys silver. The opposite is not always possible.

@hauntedhillbilly3569 2 ай бұрын

Silver is the next Rhodium!

@2Eaglez 2 ай бұрын

@@hauntedhillbilly3569 hope not, Rhodium was at nearly $30k in March of 2021, today is at about $5k.😎

@christopherperkins3108 2 ай бұрын

Love the honest rounds but the premium has sadly become rediculous 😢

@sgtzilla58 2 ай бұрын

The best advice about silver is collect coins because you like the hobby, for an investment silver hasn’t moved the needle for years. The last month it hit over 30 dollars and bounced right back to 29, or 28 dollars. The best way to buy is walk into a coin shop you save delivery charges and get the best deals. To make money on silver if you buy from the internet bullion sites silver needs to past 50 bucks. If you buy it at 29 dollars. The time you had over spot price and delivery your paying 50 a coin.

@KoopaLeche Ай бұрын

Just bought silver for the first time, 50 silver dimes, not much but definitely gonna start buying on a bi weekly basis

@royharris7135 Ай бұрын

You have to start somewhere well done just watch that stack grow over the coming months and years its addictive 😊

@KoopaLeche Ай бұрын

@royharris7135 yea it's definitely addictive. I have bought more since the post. And I will continue to do so.

@user-jo1hj9cb7u 2 ай бұрын

Good information

@oliverarceo2004 2 ай бұрын

This guy explains it well

@ProjectFrequency33 2 ай бұрын

That constitution quote on that coin tells you all you need to know

@rbs0648 2 ай бұрын

In October when silver spot is back down to $18.90 I'll buy. But, it may be up to $36.00 and I won't buy. "Buy low and hold" is my ongoing plan.

@CSXOhioRailFanPlus752 2 ай бұрын

Nice Video

@BlaineMad9999 2 ай бұрын

A feel good video, gives me confidence in my stacking:) Thank you Silver Dragons! Time for another giveaway challenge!

@user-qx3vr8qn8s 2 ай бұрын

You have to be really careful with rounds, including the vintage ones. Fakes are getting more common. Same with bars.

@justinnave8554 2 ай бұрын

That long beach expo was awesome cant wait for September

@rodrountree5722 2 ай бұрын

It is a great metal to buy and it is fun to hold in your hand it feels so solid it makes you want more

@larrymenard7626 2 ай бұрын

10 ounce silver bars are great paper weights. I particularly like the 10 ounce Scottsdale bars. If you need more weight to hold down your important papers, more 10 ounce bars stack snugly on top of each other. 🤗

@LifeAsDane 2 ай бұрын

Does it worry people that the reality of selling silver quickly is very limited to your LCS and the chance they either do not buy back or put limits on what theyll buy... Imagine 20 people in a single day that want to sell 100oz/ea, it just seems the real use is bartering and itd take a long time to swap to fiat or other currency if needed

@JeremiahJDodds 2 ай бұрын

Gold and silver are real money, the base of all fiat, and is insurance. It’s not really an investment … it acts more as a wealth storage and as the dollar or other fiat currency inflates you reap the reward of a higher dollar cost for it than what you paid for it in fiat. Silver is not just money but has massive industrial usage and we are short on silver on a global scale. I also agree with you on the silver to gold ratio.

@jameshead8067 2 ай бұрын

It’s hard for people like me. You’re just starting out but stopped long time ago but still have their silver by the end of summer silver probably around $40 in there

@billchase9638 2 ай бұрын

You are so right on silver. I can never save money. But silver I have to sell it and I don't have no one unless I go down and see Harry. And by the way I personally don't buy u.s. mint I want to be able to melt it. Main goal is something to hand down to my grandchild. But if needed I have something .

@matthewlewis-zw3tf 2 ай бұрын

Beautiful coins!! I love the Maples and Britannias. So much fine detail and great artwork. I plan on using 32 bill or 50 bill uncut sheets of $2 bills (back-side), as wallpaper. Silver Government Coins to make a toilet seat. Polished BU Copper Pennies as flooring. I think these designs are beautiful. A bathroom 🚻 decorated in money would be beautiful....

@LowcountryMan 2 ай бұрын

Thank you for all of your input on this

@dreamhunter2542 Ай бұрын

i bought 4 kilos last month i will buy 2 kilos this month 😊😊😊

@robertcanup4473 2 ай бұрын

There is a very important Supreme Court Case which I have not seen discussed anywhere: Moore v. U.S., No. 22-800 [Arg: 12.5.2023] Issue(s): Whether the 16th Amendment authorizes Congress to tax unrealized sums without apportionment among the states. Taxing unrealized gains, if it is allowed will be a disaster for the country, which will result in the utter destruction of the middle class. (Imagine a 20% tax on the increased value of the assessment of your house. The tax collector says its gone up $100,000 in value, so you owe $20,000 in federal taxes. Of course if the value goes down next year, you don't get any of those unrealized losses subtracted from your bill. )

@robertcanup4473 2 ай бұрын

Unrealized gains taxes would have a huge effect on stackers, as you could owe taxes every time the spot went up - with no rebate when it went down, its a one way ratchet.

@eric-Red_Carbone 2 ай бұрын

I love silver great fundamentals and great opportunity but also a good way to protect your savings and hedge against inflation. Plus there are some really cool coins and rounds that are just fun to collect

@ItsEverythingElse 2 ай бұрын

Even PMs need someone else to "hold up their end of the bargain". You have to agree upon a value.

@user-nx8yj3iu1z 2 ай бұрын

Great video silver dragons keep on stacking

@Why_so_joe 2 ай бұрын

Although I do like the metals over the dollar. I like Bitcoin over the metals. No counter party risk, fixed supply, and easier to transport than Lbs of metals, and a hedge against inflation. I have both but either way if you’re staking any of these you’ll be better off than holding fiat. Metals are shiny though so there’s that .

@bruce5895 2 ай бұрын

Silver will run out in 2028, last year they said 2030 but because of mass buying in countries like India and China who is buying up the silver mines as well the supply is cut by two years. Now if the public really gets into buying then it will be gone sooner. And once its no longer available because nobody is selling what do you think the prices will be then, there really is no limit because if your military, gov. or just a business that needs silver to stay in business, you have to pay the price no matter what. So I tell myself better get it while I can because I see shortages begin to happen just about every week now and even the odd crash of an internet site trying to sell their products because too many people trying to get on the site. In Canada the gov. considers Silver to be a Critical Mineral and put it on their list but really don't do anything to protect what supply is left.