Ted….OK I’m a 79 year old disabled Vietnam Air Force veteran. Two years ago I decided I needed to look at other means of protecting my financial position for my family. I managed to accumulate about 5000 ozs of silver…..monster boxes of silver eagles, Germania bars of various sizes, and rounds. I also have IRAs in very conservative investments. Bottom line is when I need funds what is best way to sell silver to buy say a car or cover potential expense needs. At my age how much is enough and should I continue stacking . Thank you Ted. I appreciate all the information you share to help for beginners like me. Bob
@Brocephus7715 сағат бұрын
Better yet, maintain a job and you’ll make more money to buy silver.
@neophytestacker94712 күн бұрын
My short experience with silver spot price. First, stock market runs and starts to peak, then gold runs and peaks, stock market moves side ways and then starts to trickle down. And then silver starts to run. (Currently there). The the stock market starts to drop back down. Gold moves slowly down but not that much and silver falls back down to $20 bucks. 😆 And there you go.
@StackingSurferКүн бұрын
Will this time be different?
@ladyofmerced2 күн бұрын
China’s Putting Something Terrifying in Gold Bars OH, MY GOSH, I ALWAYS HAD MY DISCERNMENT THAT WAS FILLED WITH SOME OTHER METAL AND IT IS SHOW. Link the first sentence and watch them open up gold bars. Shocking
@StackingSurfer2 күн бұрын
Stick with coins as much as possible. Bars can be tricky only buy from trusted sources too. On eBay, only buy from stores in your own country that have 100% positive reviews and over 50 or more reviews as a seller.
@ronsbasement2 күн бұрын
Great video and content. Thank you! And I love your backdrop.
@StackingSurfer2 күн бұрын
Thanks so much! Someday you will have to come out and do a livestream from the beach!
@AbeTaylor-bd9oe3 күн бұрын
I love Goldbacks
@StackingSurfer2 күн бұрын
They are really fun and cool. People keep getting caught up on the premium without realizing the utility. Buy or don’t buy but to learn about them. Perfect for big out bags, commerce in the 6 states that take them. Awesome to use for tipping. The most fractional gold out there.
@mykittenisagrandmaster43813 күн бұрын
Free silver is the best silver love half dollar rolls because you can go through them and return them for a full refund if you don't find anything
@StackingSurfer2 күн бұрын
Me too. Looking for new banks to try their boxes.
@zamircohen19864 күн бұрын
kzfaq.info/get/bejne/d5Zndpxkp7bXYWQ.html
@woodelfdragon86034 күн бұрын
It over 30 right now
@StackingSurfer4 күн бұрын
Look how fast it did it. I couldn’t even get the video out fast enough. Where to next?
@woodelfdragon86034 күн бұрын
@StackingSurfer to the moon so for 40 dollars
@shawnspreciousbullyon5 күн бұрын
Bank roll hunting and storage wars.....YEA!!!
@StackingSurfer4 күн бұрын
You know it.
@SilverHeist5 күн бұрын
According to the Talking Heads and “Life During Wartime” … three passports, a couple of visas, and peanut butter!
@StackingSurfer4 күн бұрын
Love it. I would add a bar of chocolate.
@ginon.73295 күн бұрын
Never thought about the storage units. Hmm....?
@StackingSurfer4 күн бұрын
I’ve seen some incredible finds from storage unit videos on KZfaq
@WestTexasStacker5 күн бұрын
I still believe that banks are hoarding the 90%
@StackingSurfer4 күн бұрын
Probably. I know my banks boxes are picked clean.
@suebonhomme7235 күн бұрын
Hi Andy 😊
@StackingSurfer5 күн бұрын
Thanks for stopping by!
@shawnspreciousbullyon6 күн бұрын
Multiple streams of income is the way to go.
@StackingSurfer6 күн бұрын
It’s a great hedge against a single stream. If you get let go or laid off, you will be glad you have more than one income source.
@jeffnelson44896 күн бұрын
I got 5 jobs and sell flowers on the corner👍
@StackingSurfer6 күн бұрын
Good for you. I’m doing 3 jobs now. 1 full time and two side hustles.
@jamieprewitt4 күн бұрын
Putting in 168 hours a week for the last 6 years. Grind, keep grinding. When you think you can’t continue, slap yourself and keep grinding. It will pay off. But you have to work for yourself. Otherwise you’re making someone’s else’s dream come true. A job is “Just Over Broke”
@jeffnelson44894 күн бұрын
@@jamieprewitt Week I work 8days a week
@zamircohen19866 күн бұрын
up to 35 and next 50+
@StackingSurfer6 күн бұрын
Will you buy, sell or hold when it get to $50?
@zamircohen19866 күн бұрын
@@StackingSurfer The vision should be long-term. To your question, after 35 the feasibility of buying decreases, the idea of buying now, in my opinion, is the last time to join the historical trend in the coming years, I foresee a three-digit price in silver as early as 2025
@StackingSurfer5 күн бұрын
@@zamircohen1986 It’s very possible to see a 3 digit number in the next few years and maybe a 4 digit number early next decade. Sooner if we lower interest rates and let the inflation rip higher.
@b.j.stambaugh92137 күн бұрын
That's why I have never given up my choice to receive paper invoices from my bank...I want a hard copy of what I have in the bank at all times...smiles
@StackingSurfer7 күн бұрын
It may come in handy.
@b.j.stambaugh92137 күн бұрын
Yes for the last 3 years...only kept enough in the bank to cover monthly bills...the rest is in pm's, mainly silver, solar stock's, and a little crypto in my beautiful 800 plus pound safe that only takes deposits...with no plans to withdraw any of it anytime soon...like insurance...it's better to have it and not need it...than to not have it and need it...smiles
@StackingSurfer7 күн бұрын
Great job! I agree. Better to have it early than need it and can’t get it.
@pythonhighadder79827 күн бұрын
btw, sdbullion has 1/10oz American eagle platinum coin for ~$100 over spot woohoo stack what is important 5.26.2024
@StackingSurfer7 күн бұрын
Not to shabby.
@pythonhighadder79827 күн бұрын
Platinum is 5X gold prices value DO NOT BE DECIEVED gang
@StackingSurfer7 күн бұрын
That would be intense. I’ve heard double but 5X would be impressive. I think it would also take a boom time and high demand for production.
@pythonhighadder79827 күн бұрын
Platinum GM, Gold, Silver, also stack Copper, Zinc, Nickel, Tin and Titanium if you do not hold it you don't own it :) Thanks gang
@StackingSurfer7 күн бұрын
Nice. Keep on stacking.
@mandingo_matty8 күн бұрын
How do you feel about some of these $300 plus price predictions?
@StackingSurfer7 күн бұрын
$300 is far fetched unless the silver paper system breaks. $188.17 is the all time high for silver adjusted for inflation since 1980. It will take the GSR reverting to 40 or lower, gold above $3,000 and some additional market conditions to drive the price up that high this year or next. I wouldn’t count on it. But anything is possible.
@moneypox26288 күн бұрын
Got Bitcoin? 😜
@StackingSurfer7 күн бұрын
Bitcoin has outperformed gold so far this year but, I see gold outperforming Bitcoin over the next few years. It all depends on what happens to the gold paper markets, BRICS, and re-valuations of the metal.
@moneypox26286 күн бұрын
@@StackingSurfer I would have to disagree. The future is going forward with technology not backwards. Don’t get me wrong, I do like gold and silver but it’s not like bitcoin where there’s only 21 million. Bitcoin has outperformed gold for 15 years
@makwahome8 күн бұрын
Could you create goldbacks for a sovereign Native American Indian nation if that sovereign nation sanctioned it .
@StackingSurfer7 күн бұрын
My guess is yes. However, they may have a threshold on how many locations need to accept them. Add a Casio and that could be interesting.
@makwahome8 күн бұрын
What if I have several kilo bars already could you create goldbacks out of that gold provided
@StackingSurfer7 күн бұрын
Probably. That’s a lot of gold.
@fatlostmedia13768 күн бұрын
The gold and silver industry moves in cycles. Just like real estate and crypto. This year silver and gold moved last and ended up being in the first to 2nd quarter of this year. Come late 2024 we will see gold and silver revert back down drung christmas time. Happens every year historically I see it reverting back towards 25 and maybe 24... and if trump wins and if the entire industry flips back to positive over the next 4 years gold and silver will lower greatly as the economy works to be fixed by the next presidential party.
@StackingSurfer7 күн бұрын
True if we follow normal circumstances. The wild cards are BRICS, inflation, war, election outcome, paper derivatives market, and a black swan.
@Silverbuffs8 күн бұрын
🪙
@StackingSurfer8 күн бұрын
👍
@deniseclaeys82958 күн бұрын
If (when) there is a crash, everything will go way down- at least for a little while.
@StackingSurfer8 күн бұрын
For sure. The key is to not panic sell at the bottom. Having liquidity can help.
@joshl56588 күн бұрын
When was this recorded? Silver already been over 30 for a week. Went up to $32 and dropped to $30.50
@StackingSurfer8 күн бұрын
Right before the price jump. I do have a not in the description. I’ve been traveling to the north east weekly and wanted to get the message out even though it’s a bit dated. The principles still apply and we could still see a flush down given the right circumstances for such a move. Thanks for watching.
@joshl56588 күн бұрын
@@StackingSurfer You should watch Yankees Mastering Metals Video he put out recently if you haven't already 👍
@StackingSurfer7 күн бұрын
I will check it out.
@Califboy1158 күн бұрын
I like your videos, but this one is a joke. 1- we know that when you deposit your money is now property of the bank. 2- people today transact so fast today, snap your fingers and the paper statement isn't current.
@StackingSurfer8 күн бұрын
It’s a short clip of a longer video. Thanks for the feedback. I will let my editor know. As for bank statements, I still recommend getting the paper statements if you have substantial funds in them, especially for savings accounts. If the bank ledger is wiped or messed with from a cyber attack, it may be the only record you have to get your money back. Yes, a cyber attack can do such things. If you don’t have a lot of money in an account, not a big deal. Yes, balances change often but this would be better than no records. Your online bank statement could be gone too.
@shawnspreciousbullyon8 күн бұрын
Gold and silver are always a great thing to have no matter what price it's going to be at this year, because the price in the future will be easily way more than it is now. Stack now and you'll be happy you did. Great video buddy.
@StackingSurfer8 күн бұрын
Very true!
@JesusGonzalez-oh1nh8 күн бұрын
I could see Silver back at $25+ to $27+ Ounce Again, that’s still good news more Silver Weight for my Stack!!! 🥈🥈🥈 Probably by Next Year we will see Silver $33+ to $35+ Ounce!!! I Love 5 oz Silver Bars!!!
@StackingSurfer8 күн бұрын
Anything seems possible this year.
@ColeDedhand9 күн бұрын
People selling their silver will not drive spot down. If that's how you think it works then it is you who don't understand, not us.
@StackingSurfer8 күн бұрын
Never said that, please rewatch if you need to. I said selling could drive prices down, never mentioned spot. Prices include premiums. Right not we are seeing a lot of people selling silver and the buy back is well below spot price. My LCS is paying 93% of spot to buy silver. This is what I’m referring to. As physical demand increases, you will see that premium buy back go back over spot like 105% of spot. Spot isn’t affected by the physical buying and selling but the paper markets and the inverse relationship to the DXY.
@user-yn7ir7jn8k9 күн бұрын
Actually $30,41
@StackingSurfer8 күн бұрын
Yep. This was filmed 3 weeks back as indicated in the description. Balancing a career and supporting the stack community can be difficult to get content out quickly. Principles still apply as do the cautions.