I'm 16 years old, I work a small job stacking shelves in a shop at the weekend. I've managed to get 150 OZ of silver and 4oz of gold. Hope it sets me up for the future.... I really want to buy a nice watch haha
@brethart92144 жыл бұрын
TheSoloRunner I miss the days of living at home rent free lol
@MykieDYDSS4 жыл бұрын
That is awesome!! But I REALLY hope you don’t use those metals to buy a watch 😂
@emdadchowdhury43754 жыл бұрын
U r a talent and I wish when I was 16 😊😊😊 now 38 n think if I did what u have done I’m a millionaires now!!!
@frosty8564 жыл бұрын
Mykie DYDSS yup. Save it for a house. Watches are a luxury nobody needs
@sittinguysittinguy7894 жыл бұрын
Good for you, I wish I could give advice on what is going to happen, to buy more or wait?? At your age,, you have more than 9999 percent of anyone your age.
@skylikins4 жыл бұрын
I don't think of it as silver climbing to $100 per ounce I think of it as the dollar falling so low that it takes a 100 of them to buy an ounce and yes I see it happening
@MykieDYDSS4 жыл бұрын
Yup. When currency gets weaker, real money gets stronger 💪
@MykieDYDSS4 жыл бұрын
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@mcmc77464 жыл бұрын
Soon
@k98killer4 жыл бұрын
My expected silver peak price to be between $70 and $120, but my model is not particularly defined -- I basically just take gold forecasts (based upon fred.stlouisfed.org/graph/?g=tugK) and assume a GSR of 30-35, so I divide the smallest gold price target by 35 and the greatest by 30. If the currency collapses, or if the M2 stimulus measures continue, these price targets become kinda meaningless.
@ot5054 жыл бұрын
If/when it gets to $100/oz I will finish paying off my truck/student loan/house
@IDeus4 жыл бұрын
I could feel this coming and was able to gather 300oz in the last 3 months. New stacker and I’m in love. Got half at 17
@MykieDYDSS4 жыл бұрын
That’s awesome! Congrats on your decision to trade fiat for money 😃 Felt this coming as well... just didn’t think it would happen this quick!
@MykieDYDSS4 жыл бұрын
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@ponzo19674 жыл бұрын
I started last December and after my first purchase I started having dreams about silver so I bought more and more and more and I'm glad I did!
@AnointedOne4God4 жыл бұрын
ponzo1967 sweet, I started last October. Got about 526 oz
@stevesilver74374 жыл бұрын
@@AnointedOne4God Started June 15 2020 and now have 611 oz at an average price of $23.21. I felt it coming last year but was to dumb to start I guess.
@bolt46944 жыл бұрын
I started collecting when American eagles were selling for seven bucks. Never paid over fifteen dollars an ounce. Today I have quite a quantity of silver stored. I hope I don't have to sell it. Will be passing it on to my kids someday. If nothing else, it's fun to hold and look at.
@mindislife4 жыл бұрын
I've been seriously stacking since 2015, about 1600 oz of silver and 2kg gold
@daleval21824 жыл бұрын
Word of advice, don't brag numbers online. Loose lips, sink ships.
@wefukthenwo4 жыл бұрын
I.P address noted!!
@daleval21824 жыл бұрын
@@wefukthenwo hacker
@cowpoke024 жыл бұрын
@@wefukthenwo hes a hacker and stole his stash . its okay .. he used your i.p/ address. lol
@cowpoke024 жыл бұрын
true . could be in big safe .. in metals bank .. to heavy to steal and add a dog .. if ya tell ya can't burry it .. see robbers with metal detectors . lol..
@DoubleDHomestead4 жыл бұрын
I'm poor and have 25 ozs of silver, several hundred saved and my house payed off. You have to live in your means, be frugal, and stubborn. I got in when it tanked at 11$.
@homevalueglass38094 жыл бұрын
Damn, if your have your house paid off, bravo
@95rav4 жыл бұрын
@@danskdna8550 you only own it until the govt confiscates it.
@billlimpert29094 жыл бұрын
@@95rav they can only confiscate it if you give it to them. Wth?
@daleval21824 жыл бұрын
Sell old tools, cars, stuff you dint need, collect more silver, youll do OK
@rogerhalt39914 жыл бұрын
HomeValue Glass better to have a roof over you and a little silver than the other way around
@edsmith26504 жыл бұрын
I don't care how high it goes. I'm stacking for my sons. I might not leave them much, but at least I'll leave them my stack.
@MykieDYDSS4 жыл бұрын
That’s an awesome idea
@rebeccahernandez34604 жыл бұрын
That’s pretty much why I’m buying gold and silver as well. I’m not buying for me. I’m buying for my 2 adult children and my grandchildren. I don’t have much to leave them either. But I can leave them this.
@charlievankesteren87564 жыл бұрын
Great post and sentiment, Ed
@jimfitzpatrick91883 жыл бұрын
Me too. And my boys will have a decent start.
@seansilvas45323 жыл бұрын
Respect bro!
@TostonesMongos4 жыл бұрын
I started stacking a littile over a month ago and I just purchased my latest/last stack at about 31.30 an ounce I paid that much because I can't really get stackable silver where I live The seven dollar an ounce premium hasn't got me too scared since the economy is so weak precious metals are bound to go up anyway so my losses will be cut in the long run Greetings from Puerto Rico
@rasanchez1694 жыл бұрын
Where can i purchase silver? Does it get shipped to my door directly? How can we trust what we get?
@TostonesMongos4 жыл бұрын
@@rasanchez169 apmex.com is the site i'm using at the moment They have high premiums but are among the best/most trusted
@TostonesMongos4 жыл бұрын
@@rasanchez169 and they do ship directly but are on a slight delay
@franciscogomez25654 жыл бұрын
I bought 120 ASEs at $26 a a few months ago when silver was at $15.... talk about a $11 premium 🙄 was pretty mad
@tho4644 жыл бұрын
Same reasoning I had when I picked up tubes of silver eagles at $23 per ounce and now I am in the black in just a couple of weeks.
@butternutbestboy12514 жыл бұрын
I’m 12 been collecting since I was 7 and have just under 50 oz. now for me that’s a lot considering my budget but I just came into some money and of course it’s almost $30 an ounce
@ShaneSchofield523 жыл бұрын
Is silver worth more, or is the dollar worth less? I ask myself this whenever I buy assets... Thus far it has always proven to be the right decision for me.
@mindovermatter563 жыл бұрын
@@ShaneSchofield52 dollar is worth less and silver is worth more. For the investment side and material use side of things
@adespade1193 жыл бұрын
If you've told anyone, tell em you sold it. Look to your security young man. If silver really takes off, there are some bad people out there. Don't draw attention to yourself, Good luck. Keep doing your research, and don't be taken in by scammers.
@butternutbestboy12513 жыл бұрын
@@adespade119 I will, but me and my family are armed to the teeth. And I probably shouldn’t say that either but I did
@cugxsruj.gvfhtgvhdff57694 жыл бұрын
In the late 90s Warren Buffett purchased about 3,500 tons of silver ,that's when I figured I better start buying silver.
@craigcarter4004 жыл бұрын
That’s almost 6.4 million ozT. Assuming 3500 USA tons.
@keysersoze5033 жыл бұрын
LOL! Warren has made billions from buying stock in good companies and reinvesting their dividends not from sitting on silver bars.
@redpilllense71254 жыл бұрын
I hit 100 ounces of silver last week, before the spike in prices.
@MykieDYDSS4 жыл бұрын
That’s awesome! Congrats on the milestone. Next stop: 200oz?
@redpilllense71254 жыл бұрын
@@MykieDYDSS yes! But first I'm hoping to grab some gold American eagle 1oz coins.
@nilespeterclemens83283 жыл бұрын
Same just happened to me. Bought my first 100 ounces a couple weeks ago at $22, today is over $24
@70rickterscale4 жыл бұрын
Stared stacking about 5 months ago with the goal of 20oz of silver a month. I stayed true to 5 coins a week and will continue to do so. My thought is that even though im paying higher premiums is that the process will allow me to "dollar cost average in" and still stay true to that goal. Im strictly stacking silver, and when i can gold, as a hedge against the inflation and difficult financial times to come ahead. I will only sell once my back is to the wall and have exhausted all other resources so that I can protect my family. My only regret was that I didn't start sooner. Just my thoughts... I appreciate your videos, its nice to hear other ppl opinions, strategies and thoughts. After all we all want the same thing... protection from what we cannot control.
@Lowrider-th2dg4 жыл бұрын
nicely said! much love
@OnTheCheap14 жыл бұрын
Nice, just remember the space it takes to store physical silver. I capped myself at 500 oz's and even though I want more I switched to 1/10th gold instead last few months
@alanbud51814 жыл бұрын
And where exactly are going to sell it??
@markmarcucio41774 жыл бұрын
@@alanbud5181 You sell it back to the store owners for about 5 percent under spot value and they will buy it.
@loladzhurayeva93832 жыл бұрын
well said
@E-BikingAdventures4 жыл бұрын
If silver can go to $50 back in 1980, it can go to $150 today.
@robertsmith37744 жыл бұрын
It was almost 50 in 2011.
@E-BikingAdventures4 жыл бұрын
@@robertsmith3774 . Yes but $50 back in 1980 was worth about $150 2011. The dollar has devalued since then.
@markburch62534 жыл бұрын
Silver went to $50 because 2 brothers cornered the silver market. That won't happen again. Laws are in place.
@E-BikingAdventures4 жыл бұрын
@@markburch6253 . No. There's a lot more to it than just the THREE Hunt brothers. "Laws are in place". Give me a break.
@robertsanders3394 жыл бұрын
Everyone forgets it got that high back then because of a scam
@akirayoung11014 жыл бұрын
I'm glad I bought my silver eagles in 2017 with $25.00 per oz along with my favorite constitution silvers :) Anyone stack silvers make a good choice in life :) "I personally experienced once in my lifetime silver is a solution when in life and death situation. Many years ago my father stacked silvers and when the war broke out in South East Asia in the 60s silver gave my family a second chance of life"
@MrCem10164 жыл бұрын
When Venezuela’s fiat bolivar crashed & inflation went hyper, it was reported that an ounce of silver could buy 3 months of groceries. So one tub or 20 ounces represents roughly 5 years of food on the table.
@OnTheCheap14 жыл бұрын
Doubt that will happen but it's better to keep some savings in silver and gold even though it's not a guarantee that someone will pay what spot price is going for. On top of buying metals, I also bought another welder and more tools to get me side gigs if needed
@justindyczewski66404 жыл бұрын
Looking at how much groceries you can get with an ounce of silver is the correct way to look at silver and other precious metals.
@NigerWifeChronicles4 жыл бұрын
I thought about this too but I saw that a pair of shows was 10mil bolivars. Another commentator stated that it will cost more us dollars to buy silver bc of inflation but think of what the cost of bread will be relative to cost of silver per ounce at trade in price etc
@derekspalding30914 жыл бұрын
There wasn't food to buy in their stores when it crashed anyways. Further who would want to part ways with their food for silver/gold if inflation is that high and food is that valuable? You can't eat silver, you can bread.
@NigerWifeChronicles4 жыл бұрын
@@derekspalding3091 yes skills. The more u have the better. One who can pilot a plane and drive a manual has more skill sets than one who can only drive an automatic transmission.
@H60Blackhawkmtp4 жыл бұрын
I carried ten 1/10 oz AGEs on missions in Iraq. I figured if I needed to bargain for my safety, gold was better than the promise made on the “blood chits” we carried. Fortunately, I never had to use them for that purpose. So yes, I agree with your view point.
@debroo21284 жыл бұрын
Thankyou for your service UH Blackhawk. And also good advice🙂👍🍀
@ForCedar7774 жыл бұрын
You the man!!! Thank you for your service. God bless you and your family...
@809tactsolutions54 жыл бұрын
Tell me why I did the exact same thing but I have 5oz in silver coins and then a gold ring that I would use for the same reason.
@809tactsolutions53 жыл бұрын
@@LatimusChadimus thank you for the support!
@kevinc83873 жыл бұрын
In nam it was a name brand gold watch
@teatowel114 жыл бұрын
People who think that metals will only go up to the extent that the dollar is devalued don't understand human nature. Gold and silver have been undervalued and will increase in valued several times faster then inflation. When people realise their money isn't safe, they will rush to trade their dollars for sound money and will not be worried about overpaying. The greedy will see the bull trend and buy into the momentum. Silver and gold will go up 2x its historical value compared to other assets like real estate and agricultural land.
@homevalueglass38094 жыл бұрын
Keep talking dirty
@crazyfam23634 жыл бұрын
Agriculture land YES, however current real estate prices overvalued, correction upcoming... needs to be in correlation with real household incomes
@pouglwaw59324 жыл бұрын
@@homevalueglass3809HaHaHa ! Talking about sky-rocketing metal prices has really got you "turned on", does it ??
@linniebickel61834 жыл бұрын
I started stacking about 8 months ago. Finally have 750 oz. Average of 19.50 per ounce. Also have about 30 oz sterling jewelry. Other than jewelry I dont own any gold. I am betting silver will out perform gold.
@jaco92864 жыл бұрын
Silver goes to 100 in the next 10 years mark my words
@edgarpadilla73974 жыл бұрын
Yep. I have 36 ounces of silver and a couple grams of gold and I'm already up $500 from the time I purchased. Only got it to store my wealth and it increased significantly.
@mimaroo14314 жыл бұрын
I have been buying since 2011/12. I'm not rushing out to buy right now. I'm paying down bills instead.
@MykieDYDSS4 жыл бұрын
Nice!! Did you get started during silver’s $40-50 hike? Or afterwards on the way down?
@MykieDYDSS4 жыл бұрын
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@pacearrow46204 жыл бұрын
I BEGGED close friends and family to buy some metals, at least "just some." Most thought it was stupid or a scam. others that were able "to get it to together" and purchased some ended up selling it later at some crackhead "we buy gold" place at small loss. So I gave up and and will look out for those that I care for myself. If they deserve it! LOL
@willweed61684 жыл бұрын
@ryan lee same.
@Lowrider-th2dg4 жыл бұрын
stack for the ones you love
@JP-cd2rb4 жыл бұрын
@ryan lee l would have a hard time not rubbing their face in it.
@dcheck65694 жыл бұрын
@ryan lee good for you I was too chicken I only bought an ounce of gold and maybe 30 oz of silver
@Clipsmedia44 жыл бұрын
Same! Told my close family members looked at me crazy, we went all in with the silver
@0atmmc9534 жыл бұрын
Glad I bought 2k oz 5 years ago at 13 (on ave).
@MykieDYDSS4 жыл бұрын
Incredible. I got a solid portion of my stack during the summer/fall of 2018 when spot was $13-14. Dang glad I capitalized on that sweet discount! 😂
@MykieDYDSS4 жыл бұрын
(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)
@WeThePeopleSurvival694 жыл бұрын
Wow bro..! Congrats!! Your children will be taken care of!
@lilsnacknutz4 жыл бұрын
That’s Amazing!!!!
@OnTheCheap14 жыл бұрын
That's a nice stack, hope you have a solid safe to keep all that in 😅
@andrewk3323 жыл бұрын
Precious metals are wealth preservation. The hard part is judging what it would be worth if there is a financial disturbance. For example if the dollar became worth the same as a sheet of toilet paper (like it did in the Great Depression) you can no longer compare silver to the dollar.
@Marky-j3o6 ай бұрын
You have car insurance, home insurance, health insurance, life insurance, gold and silver is wealth Insurance ! Buy and hold we don't know what the future is going to be like .
@aspensulphate6 ай бұрын
A very wise take.
@silversurfwax38633 жыл бұрын
Absolutely having 3months-6months of living expenses for savings is crucial. A medical emergency or emergency car repair/replace is critical to survive.
@MykieDYDSS3 жыл бұрын
People have always said 1-3 months. I’ve always said 3-6 months... now 2020 has made me think okay maybe 12-18 months 😂
@Claimjumper554 жыл бұрын
I'm heavy into silver right now. I'm waiting for the gold/silver ratio to get to 40 or below and then I'll move most of it into gold.
@EricStPierre4 жыл бұрын
That why I have focused on stacking Canadian junk. I have still have been able to find some deals. Canadian Silver dollars are a joy to stack still!
@daynasingletary76204 жыл бұрын
I think silver will continue to climb. I agree that it is possible silver could hit in the triple digits one day. It is interesting to keep watching it climb, especially with everything going on in the world. It makes sense.
@bthompson6614 жыл бұрын
I think that could be low. The dollar to silver ratio on debt clock is over $4000 an oz. The only reason it's so low is all the manipulation with paper contracts. I believe a reset and reevaluation is coming very soon. If that happens we could see 4 digit silver
@blackshadow25824 жыл бұрын
Even a dirty Mercury looks beautiful to me. Love the wings on Liberity.
@davidpetrusewicz81723 жыл бұрын
I was buying 250 oz silver eagle of silver when it was $5 an oz from the mint a few times over the years.When I was young and bought and I was buying gold at $250 an oz I like collecting coins over the year. I like buying full sheets quarters sheets. Of $2 sheets. I a long term silver and gold hoarder
@OnTheCheap14 жыл бұрын
I've gradually added over last few years. Half oz when I had little to no money years ago and just last year added 2 100oz bars. Have over 500 oz's and a couple in gold over the course of 8 years now. Not my intention for prepping for an eventual financial collapse. It has been for the greater part of this, a hobby. Love the 90% pre 64s and as far as what can happen? Who knows, but it may increase some more maybe to the 30s and 40s especially with so much money from the Fed being pumped into the economy. Stat safe everyone ✌
@TheJacob19714 жыл бұрын
APMEX now has a minimum purchase of $299, due to high demand. Never heard of that before from a large bullion dealer.
@johnblackmouth4 жыл бұрын
Yeah saw that today myself. Interesting.
@seansilvas45324 жыл бұрын
I wish I could convince my girl of the value of stacking silver she's continually giving me shot about buying it.
@MykieDYDSS3 жыл бұрын
It’s not for everyone 🤷♂️
@IHateThisHandleSystem3 жыл бұрын
You might as well wish to reverse gravity or stop the tides, they are just as likely to happen.
@cgrist70003 жыл бұрын
She needs to kicked to the curb... she’ll be begging to get back with you when your stack matures..
@stilmesamejamese13 жыл бұрын
My girl is the same way. I ask her why she's mad I'm preserving savings. Not everybody can wrap their minds around the fact that silver is real money and the paper we trade aint worth the paper it's printed on.
@frefra1013 жыл бұрын
Stacks of Purses and shoes but where are the stacks of silver
@beleckis20054 жыл бұрын
With all that is happening in the world I would not sell my silver until I HAD to.
@MykieDYDSS4 жыл бұрын
I wouldn’t either. I understand unexpected things happen... but that’s why I believe we should stack a little cash for financial emergencies. I’d rather burn through the currency than the actual money
@anthonyharris85474 жыл бұрын
Soon you'll have to update your video to "How one ounce of silver can save your life".
@MykieDYDSS4 жыл бұрын
Honestly that would be GREAT! But hopefully I won’t have to update it for a while 😂
@bigdog55874 жыл бұрын
With the uncertainty of times ahead I'm trying to buy as much as I can, the best thing about silver and gold is it's barter capability.
@E-BikingAdventures4 жыл бұрын
Never sell your silver on ebay. The fees and the scammers are not worth it.
@E-BikingAdventures4 жыл бұрын
@Aaron O ' Cathain . The 10% is also applied to the postage. I live in Canada and we have very high postage prices, so that 10% becomes about 20%.
@marcushoward65604 жыл бұрын
It's not wise to buy it on ebay either. Not because of fees but scammers are pushing a lot of fake silver.
@bbissett11504 жыл бұрын
True that why you need to make sure it is either junk silver or mint state from pcgs or ngc
@darlenemestas83474 жыл бұрын
Not true lots of legit dealers are on there now due to shut downs. Ive bought alot on there for spot or only $2 premium. I dont buy from individuals on there.
@lamarravery40943 жыл бұрын
You get more variety of silver if you buy on Ebay and 99% of my transactions have been legit and the ones that weren't, I got reimbursed so I lost nothing.
@roymadison56863 жыл бұрын
The late howard ruff who published the ruff times used to recommend 1000 ounces of silver for each member of the family. That was Back in the 1980's and 90's. It was a tall order back then and a bigger one now. I have my "25" silver stash and now focusing on prepping and gardening. Silver is for the other side of the "super depressuon" for recovery. Food,water, and prep will get you though it rough times.
@Ddkrew14 жыл бұрын
Yes..everyone should know this...thank you for sharing.
@MykieDYDSS4 жыл бұрын
I appreciate that, thanks 💪
@lcj95644 жыл бұрын
I have heard this from EVERYONE dealing with silver. Some saying it might go up 8x it's value. "Some" BIG time buyers or dealers ( sound greedy telling you it will go up, BUT to be weary if it goes down and don't just deal with silver etc.) As if telling US small time buyers not to buy or hoard like they are.
@WesternSpy714s4 жыл бұрын
How to spend ur edd money and 2nd stimulus check= buy silver😁
@MykieDYDSS4 жыл бұрын
What is Edd money? Lol & as for the stimulus, my plan is (same as the first)... save 1/3, convert 1/3, invest 1/3 😁
@bigdaddylongstroke35594 жыл бұрын
Spent $900 of the $1200 on silver. This time it'll be $1200
@robertreed85264 жыл бұрын
If I can pick up a couple rolls of silver eagles with the stimulus check, I'll be a happy camper. It's all getting cost averaged down right now anyway.
@Warvvolf4 жыл бұрын
My thoughts exactly.
@loupi4bama4 жыл бұрын
I spent my 4 weeks of UI (they cut me off, still don't know why) on silver. I currently have 24oz. 100oz is my goal. I did purchase 20 1/100th oz gold bars too. Whenever they crank the PUA back out, 100% of that is going towards silver. I'll suck it up and make it happen.
@Phoenix10_UK6 ай бұрын
I currently have 1500 Oz in silver mainly in the 10 Oz bars, i brought back in 2015 when it was arount $15 an Oz. As silver has so much more industrial applications and is used in many products i wonder if it will ever trade above $100 an Oz? 🤞
@aspensulphate6 ай бұрын
Congratulations! I think you can be sure we will see silver go well over $100/oz.
@davidparker45014 жыл бұрын
I heard somewhere that 1 oz of silver buys 3 months worth of food in Venezuela? .?
@rjscat42354 жыл бұрын
Another reason to stack silver. It may get that way here.
@JoshuaDeanHealey4 жыл бұрын
And 1oz gold buys a house!! 38000000 of "there dollars" (bolivar)
@dcheck65694 жыл бұрын
@@JoshuaDeanHealey I'd have to be there and see it to believe it
@JoshuaDeanHealey4 жыл бұрын
@@dcheck6569 why dont you just look at the price of a house, and then look at the price of gold there. Look at bolivar to gold chart. Current gold price is 509,642,700
@anthonyb91964 жыл бұрын
I bit the bullet and bought a total of 50oz some rounds, half kilo bars etc. if it goes down I’ll average down
@mgoldberg7773 жыл бұрын
Hi, thanks for your clear insight, I bought the passed year about 40oz of silver, I believe silver has massive potential.. Supply and demand is one big reason. Thanks for your video
@thelefthandedshooter57604 жыл бұрын
Having extra money is absolutely necessary. You will need someone who recognizes silver as an asset of value which might be a problem with the grocery store clerk. I am also in to crypto currencies. While these are volatile, not all of them are. The 17-26 year olds consider this their gold and we should at least have $1k of Bitcoin as it seems to be correlating with gold as a hedge against inflation. Plus even online bullion dealers will accept Bitcoin which should tell you something about the actual value of Bitcoin to them. Bitcoin users have the same attitudes about privacy, the worth of fiat currency, and digital possession. They say, “Not your keys, not your crypto!” Us silver bugs say, “Not in your possession, not your silver or gold!” Additionally, I can fit all my crypto on a smart phone, or thumb drive. I have stacked both and am entering 2021 confidently.
@THEGOODLIFE-wl3xu3 жыл бұрын
How much you make off the buttcoin???
@arisgod27494 жыл бұрын
update the video again. Spot price breached the 27 dollar price. If it breaks thru 27.9 which is a certainty 30 dollars spot will come in a matter of a few days. With gold over 2K silver is should be at least 40 dollars per silver RIGHT NOW.
@MrIdasam4 жыл бұрын
I'm one of those people that you mentioned; I recently bought 237 oz. of silver and some gold in preparation for the collapse of the dollar, the economy, and hyperinflation. I believe that this was a wise move because stocks, bonds, and other investment portfolios as well and currency won't be worth anything in this scenario. The only items of value will be precious metals(though their value will be intrinsic), ammunition, food, and possibly firearms.
@meganmills40254 жыл бұрын
Mike, I haven’t watched one of your videos for a long time. You have improved significantly with both increased confidence and humility. You have a great speaking voice as well.
@cosifantutte10714 жыл бұрын
From what I understand, there is between 3 and 4 billion ounces of silver above ground. This equates to less than an ounce for every person on planet earth.
@MykieDYDSS4 жыл бұрын
Not sure of the exact number but that’s a lot of silver & that’s just the silver ABOVE ground!
@ChrisOrban799 ай бұрын
Yesterday I was lucky here in Germany in my town in the pawn shop I bought 132 pieces of Maria Theresia Theler for 2,310€ so 17.50€ per piece. At first he wanted 18€ a piece but when I said that I would take all the ones he had there it was He agreed with €17.50. Each Maria Theresia thaler corresponds to exactly 75% of an ounce in terms of silver content, so I bought exactly 99 ounces with these coins, so €2,310 divided by 99 makes an ounce price of only €23.33 per ounce. There is a coin shop 500m away from the pawn shop that charges €20 each for the same coins, which is why I prefer pawn shops. I can get silver coins here very close to the spot price
@thepatriot6894 жыл бұрын
25oz? I have been stacking for maybe 12 years. Sometimes at a rate of 10oz a day! I don’t even know how many Oz I even have but has to be in the thousands.
@84jamesp4 жыл бұрын
I’m sure you’re treasure chest looks good
@toordog17534 жыл бұрын
I stacked like crazy with these prices and over time and got my average including wire fees, taxes, premiums all the way down to 23.70 an oz.
@superdad-ls2id4 жыл бұрын
Eagles are going up because the mint isn't making anymore this year...so people that know are buying them up...added to eagles normal high demand...and this present shortage I expect 2020 eagles premiums to rise drastically within the month as word gets out...not all people read press releases lol...but word of mouth will get around
@MykieDYDSS4 жыл бұрын
That’s supply & demand for ya! Insanity. 2020 eagles probably will carry a high premium. Not ONLY due to lower mintage, but I expect anything with 2020 on it will be seen as a key date. In 15 years we are all gonna be having “2020 flashbacks” whenever that number is mentioned 😂
@MykieDYDSS4 жыл бұрын
(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)
@_bobbejaan4 жыл бұрын
Historically when gold is trending up the silver to gold ratio lowers to 15% or even less. 15% of 2000 is 300. But when gold is at 20k, silver is at 3k. So yes, 400/ounce is easily possible.
@HeyU3084 жыл бұрын
$200 silver. $10,000 gold. I never imagined they would print this much fiat currency. Project Zimbabwe.
@carlboehm75024 жыл бұрын
Gold will hit 5k within a year, and silver 100$ within a year, 10k gold within 10 years and 2-300$ silver within 10 years..
@HeyU3084 жыл бұрын
Carl Boehm Solid Carl! I own 50/50 in real and gold and silver miners. I keep the real stuff because I like holding it and someday it may buy freedom.
@richardlane11304 жыл бұрын
My local coin dealer on gives premium (~$1-2) on minted coins (ex silver liberty). Silver bars are only given spot! And yes, you pay a HEALTHY premium when you purchase from them. Usually $2.50-$3 on a 10oz bar ... $4-$5 on minted government coins.
@SGHedge4 жыл бұрын
I have managed to save 150 oz ... doing all-right and its better than nothing
@MykieDYDSS4 жыл бұрын
Nice!! That’s 150oz more than the average person has saved up!
@deerflyguy19074 жыл бұрын
You called it right when you posted this video a little over a month ago! This morning, spot silver is $29/ozt as I write this and Provident is selling American Eagles for $35 each and buying them back at $32 each!
@Viper4ever054 жыл бұрын
I started stacking as an extra savings account to protect me from inflation. But I never considered the rise in silver during a situation like covid and how it could potentially save my ass if I ever lost a job. Good video man, this was eye-opening.
@MykieDYDSS4 жыл бұрын
Absolutely! To be honest, same for me. I started just to simple save money & use it as a hedge against inflation... didn’t think til a couple months later that the stack could REALLY help us during financial hardships. Not that I would part ways with the silver if I needed cash... but I sleep better at night knowing it’s there for me if I need it!
@MykieDYDSS4 жыл бұрын
(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)
@Viper4ever054 жыл бұрын
@@MykieDYDSS you got it brother
@Rootsradical8084 жыл бұрын
I've always known I should have been buying and saving silver. It's only this year I finally started to, especially when I saw what was happening in January. Maybe have 25oz now and I love it, wish I started earlier. It's become an addiction and I love just holding it in my hands.
@MY-nc7lq4 жыл бұрын
Great video. I have been stacking Ag since 2002 when it was just $5/oz. I am also one of those people who also bought Ag at the highs in 2010/11 when it was $50/oz!! At the end of the day the price of Ag is irrelevant. What is more important is the preservation of your purchasing power and what you can get for it. Ie. This is basically what your wealth really is... How much your time and labour is worth as most people exchange time for money. The govt is continuously debasing the currency you earn which essentially means that your life and labour is worth less every year. Well you can stop that by just continue to stack. Ignore the idiots who claim that precious metals have not yield... Well fiat has even less yield now as real interest rates are in negative territory!!
@pouglwaw59324 жыл бұрын
I started about the same time you did . Started with small gold coins, but soon became convinced of silver's great potential. I loved getting "junk silver" uncirculated '64 JFK halves at slightly LESS than spot price. You are right- "ignore the idiots" Good Luck and God Bless
@PhantomSoldier073 жыл бұрын
I’m 16 and I think I managed to stack my first 100 oz stack in 8 years. With some gold about a 1/10th ounce. 80oz of them is silver eagles!! I bought them $17 each man
@MrFox244 жыл бұрын
When we sell our silver we don't get the premium the dealer does
@MykieDYDSS4 жыл бұрын
Not necessary
@jasonswiatkowski91274 жыл бұрын
Where can an average guy sell small amounts of silver at above spot?
@ahdhehcfudjdnc48594 жыл бұрын
@@MykieDYDSS that information is completely wrong. When you buy silver, gold, or any other precious metals, there is a premium above the spot price called a mark up. This is because the dealer needs to make money to stay in business. Now, if you buy the silver and then sell it back to them the following day, you will lose money because the dealer will buy it from you at spot or a little below spot. Therefore, the premium goes to them. They will never buy silver with a premium, then sell it at a premium. That makes no sense because they wouldn't make any money on the metal. It goes against all things that is business.
@JinKee3 жыл бұрын
@@ahdhehcfudjdnc4859 be your own dealer on ebay or instagram
@lamarravery40943 жыл бұрын
So, you must be the dealer.
@ronbell39866 ай бұрын
Im watching this video 3 years after it was put out. Price has been everywhere. Right now, today, spot on silver is about $25.15 per ounce and you can get silver at very low premiums. Even $1 over if you shop around.
@joshuapowell88804 жыл бұрын
I do the same with multiple web tabs open shopping different sites with all the same added to the carts to find the best price! 👍
@MykieDYDSS3 жыл бұрын
That’s the way to do it!! 🪙
@hericapung80584 жыл бұрын
I am on 100 oz level right now, looking forward to 500 oz level but it’s very hard to get silver here in Japan since December 2019.
@KodeStreet4 жыл бұрын
I just reached a kilo of silver
@MykieDYDSS4 жыл бұрын
That’s awesome! Congrats. Next stop: 2 kilos? 😃
@YLLiBzify4 жыл бұрын
I'm on just around half a kilo in 2 months. I think I need to slow down... 😂
@craigcarter4004 жыл бұрын
I have just under 2 kg ASW. Pretty much all in 80% and 90% “junk”.
@wizz66484 жыл бұрын
Only question i have is if the dollar crashes oranges critically low...what happens to the value of the US minted silver...will it be worth more than the other gov issued silver...how will the worth be determined if the currency is done.
@wuzgoanon93734 жыл бұрын
Ironic that 25 ounces of silver could save your life and 30 pieces of silver could cost you your life.
@biblebookclub6684 жыл бұрын
Your soul
@lovemywife6984 жыл бұрын
@@biblebookclub668 how much it cost to rent a soul?
@Warvvolf4 жыл бұрын
@@lovemywife698 About 10 to 15 depending on the soul.
@lovemywife6984 жыл бұрын
@@Warvvolf 🤣🤣😆😅
@pouglwaw59324 жыл бұрын
Yes- the difference between night and day. Buying silver to protect your family, or being paid silver to betray a friend. God knows !
@carlchilds37413 жыл бұрын
Silver is your own savings account. Several advantages and options by stacking silver.
@dillydoopsta60904 жыл бұрын
Started buying more silver when covid 19 came into play. Only been able to get about 100 oz so far. Always sold out. I'll keep trying. Can buy gold but rather silver.
@xpy14 жыл бұрын
why is that
@manofwar25294 жыл бұрын
Sdbullion.com has some.
@thomaskrutulis22894 жыл бұрын
Legacy coins in Tampa has all you can handle. Awesome ppl there!
@silvergoldtv61904 жыл бұрын
So if 25 can save my life I think I'm sitting pretty with 500 nice much love guys keep staking
@tommoore47173 жыл бұрын
I personally believe Silver's way undervalued and I do believe it could hit 100 to $300 an ounce
@MykieDYDSS3 жыл бұрын
Anything is possible 😎
@0atmmc9534 жыл бұрын
Think about it. A constitutional dollar (.92 0z) was a days wage in good times. 15 dollars was a solid master craftsmen weekly pay in 1910. Someone with 20 years experience. 25 oz was a good bit of money.
@constantreader66784 жыл бұрын
Silver is waaaay undervalued and can easily go over $100/oz. So glad I started stacking years ago. Have way over 25 ounces. Fiat WILL crash to zero; just a matter of time.
@fraa888grindr74 жыл бұрын
Thanks for the video. At this writing spot is $27.51, down for its $30 high last week. Like others I'm recent to stacking, having began in Dec '19, and by late Feb '20 had 250 oz. My family wasn't happy with me. I missed the March dip, as I wasn't watching the markets, only buying from a local dealer twice monthly. I've radically changed my budget and am selling everything I don't need, piling every dollar into silver bullion, getting ready for another 150 oz soon.
@robertpatti31384 жыл бұрын
Nice presentation. This video sounds like it is for the people who can afford to buy and hold silver. People living pay check to pay check certainty will not be buying silver. They couldn’t afford to .
@MykieDYDSS4 жыл бұрын
A 1964 silver dime can be picked up for $2-3
@doakmasarik98624 жыл бұрын
I’m already anxious for tomorrow to come. I love this.
@totalowwnage914 жыл бұрын
I really hope silver spot price goes back down, i want to keep stacking in the mean time im stacking cash if silver goes down i will have tht cash ready!!!
@MykieDYDSS4 жыл бұрын
That’s what I’m doing. Holding but looking for an opportunity to “buy” at a discount!!
@markjamison96774 жыл бұрын
It’ll go down for a week or so especially after a vaccine comes out public then it will go to the moon .
@TheRazzaManazza4 жыл бұрын
Good luck finding any!
@totalowwnage914 жыл бұрын
TheRazzaManazza i had done it in the past. Im in no rush! Silver goes up and down all the time. Be patient
@totalowwnage914 жыл бұрын
Fred Fischer not going to buy until it goes down and it will like history had shown us. Like i said i had done it the past. I dont get carried away for the moment!
@rachelmann91044 жыл бұрын
I’m curious? What sites are you all using to purchase? Are you buying physical or electronic?
@cugxsruj.gvfhtgvhdff57694 жыл бұрын
Got my first ounce when spot was $5.71
@bentley4l4 жыл бұрын
I miss being able to an once of gold for 200-300$ ☹️
@cugxsruj.gvfhtgvhdff57694 жыл бұрын
@@bentley4l back when an ounce of weed was more than an ounce of gold.
@eweezee1174 жыл бұрын
cracker man The MY D Y D I do remember those days. Wish I bought gold instead of weed. Lmao I’d be set for life.
@marcomarco68194 жыл бұрын
Used all my savings and bought 8000 Oz of silver 2 months ago. Hopefully did the right thing
@MykieDYDSS4 жыл бұрын
That’s a lot of silver! How many fiat dollars did that run you?
@marcomarco68194 жыл бұрын
@@MykieDYDSS about USD 160k.
@marcomarco68194 жыл бұрын
@Nick Arilotta lol. Hopefully !
@moonding13 жыл бұрын
Are those coin proof sets in your link really worth to buy and sell?
@MykieDYDSS3 жыл бұрын
It’s personal preference. Proof sets are more a collectors piece. They’re fun to give as gifts too 😎
@2nd_Exodus4 жыл бұрын
Serious Question: I see silver spiking to 43$ by OCT 1st 2020 then down to 10$ mid 2022. Then to 200$ in 2024. This is just for physical holdings. Lets say this is true. Why should I not sell and then buy back in at prob 15$ in 2022. The only reason I see would be that I could not get the physical at that point. Any other thoughts?
@mariohostios4 жыл бұрын
2022: gold spot $5000/oz. Silver spot $125. (premium on physical silver: $800). Beef: $35/lb. Milk: $13/gallon. Gas: $4/gallon. Iphone: out of stock.
@esetek4 жыл бұрын
What about hookers and cocaine?
@mariohostios4 жыл бұрын
@@esetek 😂chicken ranch- why it was called that. Real estate market and relationship market going to correct severely to reflect value-not debt. The discounts are coming gentlemen.
@Warvvolf4 жыл бұрын
@@esetek I'm sure your cocaine will go up in value, but your hookers may decline over time.
@blackshadow25824 жыл бұрын
The day silver hit the 12$ range a coupe months back, I could not get silver anywhere, and when I finally did, I paid over 10$ over spot. Near double spot for ASE.
@realCriticalthinker4 жыл бұрын
Silver hit 50 in 1980 /50 today is inflation adjusted 167.00 so I think it could hit near that soon
@MykieDYDSS4 жыл бұрын
It’s definitely a possibility 🤔
@MarcusP523 жыл бұрын
I just bought a safe too, but I did 12 months same as cash. I'm thinking inflation is getting worse, so why not delay spending so you can use cheaper dollars?
@silverstanger11034 жыл бұрын
Funny how all of a sudden its ok to have silver ? lol
@MykieDYDSS4 жыл бұрын
Not just okay but desperately needed. All the smack talkers paying crazy high premiums while trying to make up for lost time 😂
@antoniogorgoglione16214 жыл бұрын
Bunch a sheep..always buy when its not popular...soon a force majure will take care of all you latecomers....plus wait till mr.oldtimer out golphing that thinks hes not affected.they have easy a million in their account s..sun city grand...your done for..old farts...just sayin..you had plenty a time to load up.$500.00 an ounce ??no pay means no sale
@politicalsheepdog4 жыл бұрын
I bought 5 ounces of Silver right before Corona hit and the prices fell and Silver Availability went to near zero because the dealers were holding until the price went back up. Now they are making a killing.
@robertestrada31044 жыл бұрын
For a millennia, silver traded at 10% of gold. This was before the creation of fiat currency. $200 silver?
@MykieDYDSS4 жыл бұрын
Definitely a possibility! Hopefully it’s a slow rise... I don’t have enough silver yet 😂
@Un-Known-20233 жыл бұрын
What would be the ideal ratio of buying gold and silver? How much silver would you recommend we buy compared to gold?
@MykieDYDSS3 жыл бұрын
I actually talked about the Gold to Silver Ratio in yesterday’s video: kzbin.info/www/bejne/iKnVXp1odsh5qdE
@Un-Known-20233 жыл бұрын
@@MykieDYDSS Excellent! Thanks, great video, keep up the good work!
@blanketyblank75614 жыл бұрын
About 5 kilos of silver here plus 2 oz of gold
@jjmceachran4 жыл бұрын
Best websites to buy silver and gold at the lowest mark up? Where have you guys found good deals?
@MykieDYDSS4 жыл бұрын
I always open up 4-5 different tabs, visit 4-5 different sites & compare. Some have flash sales, which can help
@298lol4 жыл бұрын
I started two weeks ago ): I only have 50 oz and paid around 1350
@liamgeeson52364 жыл бұрын
More than most people man. I'm fairly new as well, although it has taken me a few months to get up to 50oz due to financial constraints
@martinjackson40364 жыл бұрын
I brought 3 kilos around 2.5 the VAT took most of my 3k investment. I'll just keep stacking ready for this explosion.
@jack6334 жыл бұрын
i only have like 41 oz but we're early man i feel it.
@MykieDYDSS4 жыл бұрын
Only about $27 per oz... not bad AT ALL!
@goywonder73414 жыл бұрын
There's something about buying silver that makes me never want to get rid of it. It feels like real money.
@butternutbestboy12514 жыл бұрын
“I do not know how much money I have, but I know how many pounds of money I have” - Ron Swanson That’s probably not the exact quote
@MykieDYDSS4 жыл бұрын
It’s something like that!
@silverscientists81303 жыл бұрын
Happy new year my friends! And my stacking family 👪 ! I've acquired 500 oz of silver, 110 grams of gold and 1 oz of platinum in 2020.....let's see what 2021 brings us! 👌
@MykieDYDSS3 жыл бұрын
Happy new year 🎆 Hoping 2021 treats us better than 2020 did!
@timzz47204 жыл бұрын
Hahaha remember months ago when we complained about the premiums??
@MykieDYDSS4 жыл бұрын
YUPPPP. Remember summer/fall of 2018? Spot was $13-14 premiums were only $1-2? The good old days 😞
@bentley4l4 жыл бұрын
It’s expensive, until the next day.
@socialamoeba53074 жыл бұрын
...... I never complain about the premiums ..... silver is dirt cheap right now .... gold/silver ratio 80/1
@Anonymous-wy5dc3 жыл бұрын
I'm from the future. You guys won't believe it.
@stevekamitsis1327 Жыл бұрын
Steve in Florida caught your video and enjoyed it thank you ya know this was a good little video for people just starting off with precious metals or people wanting to add to their stack it shows a good way for people to make a start to all be safe and continue to stack when we can