Germania Mint 10oz Silver Bar + Inflation and Savings Thoughts

[@SilverDragons47]

can’t wait for the full stack video brother also Silver Heist just did a great video on the I series savings bonds he is buying some every month 🔥🐉

[@BigstackMcgee]

Thanks for the heads up about Silver Heist - I will check out his videos too. Have a good one Silver Dragons!

[@bobspizza7444]

I hear you. You said you were working an extra job banking the extra cash. Good for you. I fell into a side catering job this summer. Thought I'd try it out and well the pay was insane. We made $350 every weekend for an 8 hour shift. Going out of town. 6 hours total in the van and 8 hours of work. Van time goes fast just b.s.ing with people. I planned on looking for gold most of summer with my nox800 and got pans in my spare time but figured the gold will still be there I'm gonna work the side job and stack like mad. Next summer I hope to get out a bit and find that gold but DEFINATELY going to keep that side job and "bank" as much extra as possible. Good luck man it's tough working so much but gotta take care of the family. I'm single dad 2 boys and think I have a good balance worked out. The 3.5 days I have them I don't work so no daycare it's just us to have fun. The other days I work crazy hours to get my jobs done and be able to cater 1 night a week. Not much free time for me but dang it's nice not being scared of bills or life

[@Eli-qr9hc]

I'm contemplating on buying this bar at 265 or the Nadir bat for 256...

[@toolsmetals2148]

They do look small but very compact and compressed with all there bars but you can definitely feel the weight in all of them especially the Kilo ... On first visual sight these bars can deceive one of how small they can appear to be until they actually pick it up

[@BigstackMcgee]

So true, Tools & Metals!

[@champstar9669]

As far as gov't bonds, the whole point is safety. But the majority of gov't entities in the world are drowning in debt. There could easily be defaults -- even in the U.S. So the safety element might not be there. Pretend it's your neighbor instead of the U.S. gov't. If they owed trillions in debt with no hope of ever catching up...would you really lend them MORE money? If they promised you 30% interest for argument sake, what good is such an empty promise if they can never repay the money. To each, their own. But gov't bonds at a low interest rate combined with a high risk of default do not have a favorable risk/reward scenario. I wish there were alternatives to metals. But crypto is a NSA/CIA creation with no value expect as a spy tool. Real estate and stocks could collapse. Bonds are iffy at best. It's a tough dilemma. The gov't does not have to "shut down" to default on it's debt.

[@jsl1214]

I started stacking around the last week of this past December. I bought 2 ounces and now I have 65. I look at it as a savings account. Lets be honest, its easy to go to the ATM for an impulse withdrawal. We have all been there. I just wish the premiums were not so high because you are forced to hold for several years to recoup your investment. This will only instill temperance. Why didn't I start buying in the 90's when gold was 250.00 and 1 oz of silver would buy you a hamburger.

[@flipnap2112]

weve all got regrets but we didnt know. If I bought a few thousand dollars of apple stock in the early 80's id be a millionaire right now

[@champstar9669]

Can't go wrong with anything from the Germania Mint in terms of quality. Beautiful products across the board. The silver bullion bars are quite reasonably priced. If silver is worth $200+/oz, then $26-27/oz is a steal. We should all thank JPM for suppressing the price as long as they have. JPM is the #1 HERO of the stacking community. Our friend, not our enemy.

[@bullionaddict9164]

I literally just watched Silver Hiest's video on I Bonds. Looks like I found a place to put some of my cash that's not earning anything right now.

[@BigstackMcgee]

Oh funny, I will have to check that out - thanks BA

[@SilverHeist]

I am a fan of the Germania silver bars! So far kilo and fractional kilo (100 gram) sizes. But I also bought the I-Bond at 7% and will add some each paycheck.

[@silverhairstacker8664]

This is the worst time in America to decide where to put savings money. I am fortunate in that I had and still have some in mutual funds that are tied to the stock market - Over the last 5 years they have out-performed gold and silver and savings accounts. But, how much longer can they rise before the bubble bursts? I also believe real estate is in the same kind of bubble. Sure wish I had bought Bitcoin when it was $100, but didn't. I have trust issues with Crypto. Yes, the inflation tied bonds pay better, but don't you have to pay tax on the capital gains from them? And if you do then that would lower the take home amount. There is no capital gains tax on gold and silver, it has kept pace with inflation, but any profits are generally small..... So yeah, where to put money?? Full stack of silver video?? WOW! Thanks in advance for the 10 hours you are going to take to get all that set up! It will for sure be a great video! I would do one too, but would have to retrieve it all from the different locations, and find the table space to lay it out, etc.etc.

[@BigstackMcgee]

All good points silverhair.. yes, you have to pay federal tax on I-bond earnings, but no state tax.

[@SilverStruck]

Love the Germania Mint bars! I haven't looked into I series bonds but will check them out after hearing you talk about them. With silver basically 28-30 range per ounce once you figure in premiums, will you continue to accumulate silver in this range? I'm curious because a bunch of older stackers say silver will go back 18 and ounce but I'm not so sure that will happen.

[@BigstackMcgee]

Your guess is as good as mine, Silver Struck. I'm of the opinion that while silver will always capitulate. I plan on still accumulating a bit each month, buying at dips.

[@champstar9669]

$18? Who knows? But it is easy to sit back and wait for a price like that if you already have 5,000+oz put away. But if you're late to the party or just getting started, then you have to get as much as you can whenever the price is reasonable to have some sort of insurance. $26-27oz is not the end of the world.

[@guy8304]

Well seems 18 is realistic now lol

[@SilverStruck]

@@guy8304 I know right! It's a up a little today, so we will just have wait and see.

[@spacetoad3474]

Get some of the big ETF's they're doing 15.5 percent on a ten year average. VTI, QQQ, etc

[@thesarge4457]

I got to get me one or two of those, I'm liking the 9999 bars, I like the style, so I'm saving up my pennies to get one before they get out of range. Thank You for the video, Sir.

[@BigstackMcgee]

You bet TS - they are quickly getting out of range :0

[@lilrockfromga5092]

You can never go wrong in getting a Germania bar 10oz or kilo they are a real nice looking bar.

[@BigstackMcgee]

I agree lilrockfromga - I will put the kilo on my list

[@nikolas_schreck]

500 gram bars are super sweet too, it's just a really good series of bars from Germania mint.

[@lpandy21]

Good ole Clark Howard... I used to listen to him in the 90's along with Larry Burkett. I am not sure what to do with the cash I have. Buying gold seems to be the default path. I really appreciate your tips and especially the transparency. Thanks buddy!

[@BigstackMcgee]

You bet, lpandy21!

[@NickFromLongIsland]

I have the 10oz and the kilo of this bar… im waiting patiently for them to release a 100oz bar

[@BigstackMcgee]

Now that would be nice!

[@Rustyshackleford.]

They do have a 100oz bar….

[@NickFromLongIsland]

@@Rustyshackleford. yes now they do

[@dontask8979]

Also seriously considering the I Bond. Beautiful bar 👍

[@jima7925]

Just bought Series I bonds at 7.12% thanks for the tip !!

[@genesisg7022]

I just ordered this bar. Should receive it on Monday, December 13

[@MrVegiita]

Hi BigStack, how much was this 10 oz Germania Mint bar when u got this?

[@BigstackMcgee]

Howdy MrV - I ordered this on Halloween, and it was $279

[@MrVegiita]

@@BigstackMcgee ok. Not much difference from today's price. Thanks 👍🏻

[@wwtrs7749]

But they excluded several items from the inflation rate. So it's advantageous to investigate if it is based on the true rate.

[@BigstackMcgee]

Good point W Wtrs

[@jakano80]

Been watching big for years

[@BigstackMcgee]

Thanks so much Afrojakano!

[@scottwilson1258]

Yer on the Right Track Pilgram!

[@BanditHat]

betting you wished you never got those bonds.

[@MetalHead503018]

Where do you purchase savings bonds?

[@BigstackMcgee]

at treasurydirect.gov

[@jima7925]

The I Bonds is a great deal however, as you said you must hold for at least 12 months. Also, if you cash them in earlier than 5 years you lose 3 months interest. Glad you mentioned them I bought some today.

[@BigstackMcgee]

You are right on the money Jim - thanks for stopping by!

[@DeepakRajBaby]

Will the PVC in the plastic protecting the bar affect the silver bar badly in any ways?

[@BigstackMcgee]

Hello Deepak - not in my opinion. The best thing about bars is that there is no numismatic value to them (usually) If there ends up with some sort of residue or unsightly toning, you can always clean in up and no worse for the wear.

[@DeepakRajBaby]

@@BigstackMcgee thank you very much for the advice.😇😇😇

[@GlennShook]

I think they use a special wrap that protects them and won’t harm them long term. High quality place can tell by 4 9s and the box also goes to prove that.

[@ebayaccount675]

Put your money in dividend sticks that aren't overpriced, CLM & CRF are great bets.

[@POORMANSGOLD]

Definitely a beauty !! Totally looking forward to my first Germania mint bar..

[@BigstackMcgee]

Thanks PMG - best of luck grabbing one for yourself!

[@flipnap2112]

just following up.. did you finally get it :)

[@POORMANSGOLD]

@@flipnap2112 I did ... but in the 100gm variety. .. thanks ✌️

[@Ubermcduber]

You should check out my 10 ounce bar collection sometime.

[@BigstackMcgee]

I just did - very sweet stack of 10oz silver bars!

[@chief5981]

Nice product!! I like.

[@BigstackMcgee]

Thanks Chief!

[@davidortiz3094]

I'd invest in Goldbacks too. First gold to be used for small transactions. Gold is Gold. Can be bartered or exchanged for any fiat in the world.

[@flipnap2112]

I dunno about the bonds when the CBDC is around the corner. that whole thing is really scary

[@silverfalkon9687]

I just subscribed to Clark Howard.

[@BigstackMcgee]

He gives very practical advice

[@Death_From_Below]

Great looking bar

[@BigstackMcgee]

Thanks Bob!

[@olegpetelevitch4443]

Thanks about to buy same bar now !

[@BigstackMcgee]

Awesome Oleg!

[@TurkeyCreekjackjohnson_]

I’m so happy you don’t put those dumb ass white gloves on . I cringe when people handle 90% with gloves

[@BigstackMcgee]

Haha, I like to touch my silver ;)

[@thesarge4457]

Hey BigstackMcgee, Got my first 10 oz. Germania Silver Bar 9999 late yesterday evening, and Man, I'm liking it, I'm liking it a lot, maybe not the price so much, it's shiny and everything, oh and can't forget the box it came in, YAY, think I'll get another one down the road, anyway Thank You Sir for listening.

[@BigstackMcgee]

Hello Sarge, thanks for stopping by. These Germania Silver Bars are pretty great - I know that I will be getting more in the future as well. Best of luck! BSM

[@jayv9286]

If you’re a Dave Ramsey disciple what in the heck are you doing with precious metals, he would be ashamed of you.

[@BigstackMcgee]

haha, maybe true JayV. I am most definitely not a Dave Ramsey disciple. However, I used his program and principles to get out of debt almost 15 years ago. I contribute well above 15% of my income to retirement, have fully saved for our kids college funds, and donate weekly to charity. My precious metals purchases are just gravy. Have a good one. BSM

[@victorblanco4499]

Germania and RCM bars 💯

[@markharasymuk5496]

Is the hologram right on the bar or the plastic packaging around the bar

[@BigstackMcgee]

It's on the packaging Mark

[@thesarge4457]

Hey BigstackMcgee, Since talking to you some months ago, I've purchased 1-500 gram, 1-250 gram, 2-10oz Germania Silver Bars. Just wanted to share that with you. Thank You Sir.

[@BigstackMcgee]

very well done, Sarge - so happy to hear!

[@thesarge4457]

@@BigstackMcgee Thank You Sir.

[@neotericsilverstacker]

Love those Germania Bars!! Thanks for sharing!

[@BigstackMcgee]

Me too!

[@CyberCurtainTwitcher]

I was very tempted to buy one myself, but spent the money on preps instead. Those bonds you mentioned sound better than anything available here.

[@BigstackMcgee]

Always wise to take care of the preps - best to you CCT!

[@royal_on3]

Sir do you recommend leaving the bars in the plastic or removing ?

[@royal_on3]

@canadian ok thanks 🙏🏾 much appreciated

[@GlennShook]

Leave in plastic and the box. Always original packaging is better with everything.

[@dannyhyatt4936]

put it in bitcoin

[@BigstackMcgee]

I wish I knew more about the subject Danny