Florida Coin Shop Owner Talks About What Could Happen To Pricing IF Silver Goes $40 + | #Trending

Florida Coin Shop Owner Talks About What Could Happen To Pricing IF Silver Goes $40 + | #Trending
Serving central Florida for over 8 years, Vermillion Enterprises is Spring Hill, Florida's premier coin shop and gold dealer. Always buying and always selling coins and precious metals like silver, gold, platinum, palladium, and rhodium.
Give Vermillion Enterprises a call at:
[phone]
Visit our Spring Hill coin shop, located at:
5324 Spring Hill Drive
Spring Hill, Florida 34606
Monday - Friday: 9AM - 4PM EST
Saturday: 9AM - 2PM EST
Sunday: Closed
To learn more about Vermillion Enterprises visit our website at:
vermillion-enterprises.com/
Shop our new online coin shop at:
springhillcoinshop.com/
Must Know Formulas For Silver & Gold Stackers:
kzbin.info/www/bejne/eZ-zdWWHd7CbsJo
Payment Via Cash, Check, Wire, Zelle.
#JunkSilver #Gold #Silver #Cash #VermillionEnterprises #Vermillion #SpringHill #Florida #AmericanGoldEagle #SilverEagle #SilverBar #SilverOunce #Kitco #Apmex #Coin #MorganSilverDollar #SilverDollar #PeaceSilverDollar #Krugerrand #MapleLeaf #Cashforgold #JMBullion #SilverTowne #Engelhard #Platinum #Palladium #Rhodium #NGC #PCGS #ICG #ANACS #Currency #investinyourself #silverstacking #silverstack #goldstacking #coinshop #coincollecting #numismatist #numismatic #investing #investor #ideas #knowledge #recession #inflation #smartmoney

[@vermillionenterprises]

What say you?

[@JFEnterprize]

All depends on what you say here 😂🎉❤

[@abrahams.lincoln6749]

Happy Monday fellas. 👋

[@PoorMansInvesting]

The volatility of 2011 top was crazy. The week heading into the high was an easy call for me. $4+ in a week, I just knew was too much.

[@scotttousey227]

Yesterday the Indian government stopped using the petro dollar how long will it take for the value of dollar to go down and wouldn't that mean metals would go up sooner than later

[@vermillionenterprises]

@@scotttousey227 time will tell, will be interesting

[@krazykobe8]

Always can count on the most informative honest information here thank you.

[@mikebrewer5758]

Thank you for the heads up. As precious metals climb in price. People with bad intentions sadly are going to become more prevalent.

[@JP5466]

At some point all larger size bars will have to be drilled and tested because no one will trust those.

[@mikebrewer5758]

@@JP5466 I have heard of this being done.

[@0004612]

@@JP5466agreed. Wish I hadn’t bought ten ounce bars in 2016-‘17.

[@JP5466]

@@0004612 Better than owning 100oz bars. Fractional is always best, for both G&S.

[@phildoherty3534]

You have GREAT info, I hope all the copycat 'GRIFTERS' get lost, and don't ruin a good thing for their personal GREED !

[@JP5466]

Thanks Brian. One day I have to fly down there and buy everything in the store. These crypto spammers are beyond annoying. I've noticed that many PM You Tube channels do NOT delete their spam posts... why?

[@vermillionenterprises]

I like that

[@honda_doc6826]

Thanks.

[@vermillionenterprises]

Thank you for watching

[@user-zl7uf5ii1n]

Good job thank you

[@holdfastjoe8841]

The scammers have even paid for advertising and sent people to their fake websites to get your money. I lost a little bit of money from an ad scam. Not a big deal, but I was surprised by it as it was very well done, looked legit to me until a few days after the links were all dead and realized I wasn't getting the cool gadget I thought I was buying haha

[@vermillionenterprises]

its has become ridiculous

[@scotttousey227]

​@@vermillionenterprisesyes and a liar and theif goes hand in hand it's terrible they get away with these scams have a good day probably see you soon again

[@silversleuth007]

Dang! Owning a coin shop sounds extremely stressful. I'm glad that they exist, though. Thank you for sharing your knowledge and opinions.

[@kertbert1]

Seems to be the only guy telling the truth. Thank you and God Bless you!

[@JALRML1251]

I've noticed the spam. It's often obvious when a comment get like 20 responses as to some wonderful investor where they make 300% etc. Spammers are taking others video clips, click bate at best, pernicious at worst. Anyone who follows you will immediately see through spammers/thieves.

[@vermillionenterprises]

yeah

[@medhead964]

Great info, I'm assuming no premium changes since the last update?

[@LocalCoinReview]

Cool

[@Chiligumbo1]

Just so u know they, the scammers, can also clone a phone number. Gotta be sure who u are talking to. They seem to clone a certain pay app.

[@vermillionenterprises]

yeah, they are getting very good

[@steveb855]

FB wont delete reported scams... "does not violate our standards".

[@turokforever007]

KZbin adverts are mostly scams and they don't care

[@coloreye7963]

lol! I saw the hack yesterday with the what’s app number. Smh. F them. I’m so tired of dealing with the scammers.

[@vermillionenterprises]

us to...they are everywhere though unfortunately

[@mattmatt6572]

I'm surprised enough people fall for it for ot to be worth them doing it.

[@user-yw8ir3mz5c]

Thank you for the info. Crazy things people try to do.

[@gotime7648]

Million of oz's of silver out there. How many millions of fake oz's are out there as paper contracts ???

[@vermillionenterprises]

a lot

[@patchrat1]

Paper is all fake

[@jakobausterlitz8102]

Not as much as you would think.

[@newyorksilverking9394]

390 PAPER ounces to every physical ounce...

[@Johnsmith46392]

I heard from my LCS that when silver spiked in 2011 that the refiners just stopped buying. Were you around then to verify if that happened?

[@vermillionenterprises]

they were still buying, I had no problems, money was moving slow

[@markscarupa4713]

TY

[@jasonandjulim4163]

Thanks for the insight. I can see liquidity grinding to a halt before something like a deadlock happens. I imagine both would happen together. The peanut thing was caused by the '08 crisis and the listeria outbreak at the same time. This financial crisis is being caused demonic forces that cant do Math 😂

[@vermillionenterprises]

LOlL..nice

[@patchrat1]

I have not gotten any spam from you but have gotten them from other sites I reported them immediately

[@charleswilson6789]

Need bin video

[@mikehoward3489]

Do you charge sales tax when you ship to MinnesotA?

[@darrensoldan5972]

Good information. See I'd cut the payment in half. Take some cash and trade some silver for gold to ease the cash that way 👍

[@tomtwo8714]

Silver is a finite resource.

[@vermillionenterprises]

Meta is the worst IMHO

[@JeffreyJApexGoldSilverCoins]

Brian is so cute buy his coins.

[@JP5466]

In the 90's I worked with a guy (coincidentally named Brian) who could've been his doppelganger, only he was about 60-70lbs heavier.

[@davidgibson9049]

do you trade silver for gold

[@kevink6420]

If you guys as a business arent selling on reddit yet you should be. They do a better job of weeding out scammers than ebay and facebook. You guys would fit in very, very well over there. Its a very low premium type bullion market.

[@MrDGoldchains]

Kitco bid or ask? Which are you quoting for your premium price over spot?

[@Digital.Photography]

Predict Silver drops to $23.00 oz before / if it ever gets to $40.00

[@willweed6168]

😐

[@stevekamitsis1327]

Steve in panhandle says good video thank you Brian, now to the business end, Brian I think by end of June silver climbs back to around 32 dollars a ounce, I guess we will see.

[@turyzorrilla4478]

Alot more fiat then available silver my friend only 0.2 % of population own metals

[@user-md8dp9lh4y]

I doubt the election takes place , my primaries have been cancelled till further notice 🤣🇺🇲😎

[@scotttousey227]

Where do you live I haven't heard about that and we're having guests in Cuba this week our unfaithful leaders still trying to start ww3 were the biggest coupers in the world we seem to like overthrowing other governments who the people elect like Ukraine 2914 and Iran in the 70s and a bunch of others

[@scotttousey227]

Woops 2014

[@stevekamitsis1327]

Add on to last comment, Brian I also like you believe that shortly after elections, everything will go to crap,and who knows what black swan event awaits us.

[@walterpaul9105]

11:30 Really Brain, "millions upon millions of tons of silver". The most consistent estimate I've seen is 6 Billion troy ounces of above ground silver (and interestingly a similar quantity of gold), less than 1 troy ounce per person world-wide. Now a "ton" of silver is 1000 kg, and there are 32.15 toz in a kilogram. So 6 Billion troy ounces of silver is (6000000000 toz)*(1 ton/1000 kg)*(1 kg/32.15 toz) = 190,000 tons of silver, so less than 20% of 1 million tons. Please show my silver estimate or math is wrong, or issue a correction.

[@Johnsmith46392]

Maybe he doesn’t mean tons as literally weight but just a lot.

[@chrisdowns422]

Later on in the video, he says "millions of ounces". So he issued the correction.

[@silversleuth007]

I use the term $hit-ton occasionally.

[@turyzorrilla4478]

What happens when the sheep awake umptanium

[@richardmcconahy3527]

[@vermillionenterprises]

Thank you for watching we appreciate it

[@dang6684]

Try not to worry about how many oz's of silver are out there do worry about how many dollars are out there :)