If THIS Happens, I'll Stack Ever MORE Silver!

[@jamesholcomb5615]

Been waiting for it to drop below $30, but I just don't think it will. Was able to take advantage of a few of the gold for spot deals on black Friday though. But the cool thing is my coworkers boyfriend wanted to sell some of his silver. He sold me 7 ozs for $30 each, 4 slabbed Silver Eagles, 1 loose Silver Eagle, One Libertad, and 1 Year of the Monkey Royal Mint coin. That was a stellar deal!

[@GrandChessboard]

LOL, it will trust me. You must be new.

[@MichaelSchreiber-s3k]

I am trying to get my fiduciary to invest my money into silver at any price. If it drops to $26 an ounce, I want him to buy $2000 worth of silver. This is extra money I have laying around. I am willing to invest $2,000that much. money into it.. It is worth my time that will turn into $10,000.

[@jamesholcomb5615]

@@GrandChessboard I'm not new, but thanks for the comment!

[@SilverSeeker]

@@GrandChessboard i agree it likely will... I'm waiting :)

[@edwardmatuszczak9172]

My prediction is Silver is going to hit $35. That's the next resistance point. Silver should be $50 all factors considered. Plus with gold becoming unobtainable, I see more people getting into silver. We're living in a very unstable world. If the grid goes down tangible assets will be king. Silver Seeker, your enthusiasm is unbridled! Your channel rocks!

[@WOCassity2]

Same. If it drops below $30, I'm buying, but I think the price of gold isn't gonna plummet to a point that we see $29 silver again, especially now that China is buying gold like it's on a fire sale right now. I could be wrong though.

[@Jay-bk5sl]

I agree 👍

[@sphinx11982]

Russia is buying silver by metric ton

[@theaverageguy3884]

I bought 1500 oz at 22$ and have no plans buying more. And i believe 30$ was the support and bottom for this pullback. I deversify my portfolio in crypto,gold and silver. Never go all in on one asset 🙏

[@stevec2645]

IMHO silver is going to skyrocket around January 20th. I'm buying 10 silver rounds tomorow. Thanks for another great video.

[@SilverSeeker]

Thanks man!

[@jdoggwhitetrash]

I don't think we will ever see $25.00 silver spot price again. I think the lowest we will see is around $28.00

[@trihonda]

I just snagged 75 minty maples for $34ea. I thought that a great price because I''ve seen them for $40ea at online discount bullion dealers.

[@RonaldThump-yo2xv]

I don't stop buying. I met my dimes goal. Now I'm working on type 1 Eagles. 86,88, 94,96. I hope the price drops, but I don't care. I'm not stopping until I reach my goals

[@theaverageguy3884]

Stop waist your money on Eagels when you can get Maples. The overpriced premium on eagels is not wort it. Im from Norway and the coin shops pay spot on all coins. When sell you simply lose the premium you pay over. Siver is silver and Eagels are not wort it. Overhyped coin that only you Americans buy. If you stack to protect your self stop buying Eagels imo.

[@RonaldThump-yo2xv]

@theaverageguy3884 I buy coin of my realm. I'm American. I want real American money

[@JP-Au-Schulz]

Trying to stack smartly, I really have not purchased much silver this year until last of week of November, price has come down some and is just over the $30 spot price. I think that's where it's going to be for a while, somewhat stable. I am with you, anything under a spot of $30, would/will be a deal. Interest rates are going to be cut again, so we will see what that will do.

[@TheMostSlyFox]

Silver may have real value, but compared to other assets it will not grow your net worth. Especially including premium spreads from dealers being insane when you look at other options like stocks or even real estate. If you could freely buy and sell silver without having to deal with 3 different middle men each jacking the price up so they each make a margin, it might be worth it.

[@SilverSeeker]

Yea, I get that, but Silver (and Gold) is a very low risk investment. Those other investments can make you alot more money, but they also come with higher risk. For the record I have a quite diverse portfolio, but my Silver I don't even consider part of that.

[@thebear4880]

Theyre printing more cash than the world is producing things.

[@Fellafella510]

Did you just say silver will not raise your net worth like its equivalent is a pack of top ramen noodles? You literally make no sense.

[@DanCooper404]

Good stuff, Paul, thanks.

[@Eli-qr9hc]

Spot on. I’m stacking for retirement

[@jchihat]

If it gets that low, The premiums would probably just sky rocket

[@TheMostSlyFox]

Greedy dealers.

[@PRyan_Limerick]

Last year Copper mined was 26,547,000 tonnes & Silver @ 26,000 tonnes. The 'mined' ratio of Copper to Silver is 1021 :1. Silver price today is $1.02 million per tonne. So the Copper price should be about ($1.02 million/1021) or $1,000. But the Copper price is $9,100 per tonne !! So, Why is Silver so 'Undervalued' (by 9 times !!) compared to Copper ? Stack Silver.

[@scottjeppesen7389]

@PRyan_Limerick because of its level of usefulness in products, silver has less uses compared to copper...less demand.. value represents this..

[@blakkat531]

That’s called a short. They are selling shares of silver they don’t actually have (etf). This depresses the market price. You have uncovered the greatest scam since income tax my friend!

[@LeoNidas-301]

Manipulation. There are 250 paper oz for every physical ounce. It is the most shorted commodity on the Comex.

[@PRyan_Limerick]

@@scottjeppesen7389 Silver has the 2nd highest use in all 'commodities'. Only Oil has more applications. And you can't 'stack' Oil.

[@scottjeppesen7389]

@PRyan_Limerick silver used more than copper? Lithium? Cobalt?? Gold? I think you best check the facts...there is little demand for silver in comparison, and the price reflects this.

[@smugkagome]

New collector here, but collecting silver has already helped me not just financially, but physically. Used to have a pretty bad vape addiction. Been trying to kick it with silver's help. Every dollar I used to spend poisoning my lungs, I've now been investing in beautiful constitutional silver (those Peace and Morgan dollars are stunning!) I've even started carrying a Peace dollar in my pocket where my vape used to be. Everytime I get the urge to reach in my pocket for my vape, I pull out a gorgeous silver dollar instead and it reminds me that it's all worth it. ☺️

[@Rufferto12]

Good to remind everyone that we live in a fiat world and you shouldn't use grocery, gas, and emergency money on silver no matter how low the price of silver goes. Buy what you can afford, really afford, or you might have to sell when you don't want to and when the price is lower than your last purchase.

[@noicue8078]

Great video. Thank you for sharing. I am way too close to retirement to keep buying like I used to. Maybe a piece here and there. 👍🙏

[@RubberCityRebel]

Silver already dipped under $30 a few weeks ago an i bought

[@jeffkeller9009]

disagree about lower use of silver in the past, Photographic use of silver was huge !!!. Remember how there used to be Photomats everywhere and you could not save a photo on your phone, Had to develop a roll of pictures, not knowing how they came out.

[@Hawkeye2001]

I'm still picking up the same numbers monthly. I would get more aggressive below 30, and like you, at 25 I'm hitting it hard. My "go-to" purchases; Buffalos Brits and Eagles. The Eagles when the spread is only a couple dollars.

[@SW-rb9cr]

How much are you buying monthly. If you don't mind me asking.

[@Ferguson4L1fe]

It won’t happen as long as demand stays higher than production. This is the first time in history that the world uses more silver than it mines starting just a few years ago.

[@StephenKozlowski]

Thanks for sharing

[@SprouseyTheHandyMan]

I'm stacking silver dimes dont know why but i like them

[@bensherman8976]

I've got 231 rolls of Rosie's and merks

[@grasscutter1963]

I’m just kinda starting, so the lower the better for me for now. I have to wait for good sales 😢

[@CatnPhx]

I've been buying Silver Eagles in tubes when I see a premium under 14% but most of my $$ has gone to buying gold in Q3 and Q4 of this year.

[@plainboxer1]

I've saved more cash in the form of gold vs silver also

[@Eddie-yc5yd]

Silver is way below $30 an ounce. If you adjust for inflation. I believe it's undervalued. That's why I buy as much as possible.

[@denniskimmell4983]

I'm thinking silver is headed up up and away!! At least l hope it does. Just bought about 150 ozs.

[@JFEnterprize]

Certainly no benefit to you then if it dumps $5 😫

[@willbaum7140]

I'm not confident at all that if/when silver drops the premiums will follow.

[@JFEnterprize]

I guess that’ll hinge of the duration it does so. First week it’ll prob be same price as prior to the drop and just premiums but at some point t they need to move inventory. Price might crash 5$ plus but premiums prob take a month or two to level out with it.

[@pierredubord]

Good advice thank you Sir. For me I buy pretty much when the feeling hits me, of course I prefer the dips. I guess I’m like some stackers in that I’m a sucker for high premium silver especially the RCM products. I can’t help it, RCM coins are just so darn beautiful.

[@The1guyUdontreallyremember]

Gotta love the ancient history Idc what happens but one thing is for sure is that you and I will definitely be stacking silver God bless you brother!❤

[@JBL_81]

If Silver goes back under 20, premiums will be at least 50% 😂

[@SilverSeeker]

If it drops there quickly, then yes, at first premiums would be horrendous.

[@Sonicboom919]

I don't focus on any particular silver. Just what the best bang for my buck is at the time. Rounds, bars, coins - makes no difference. If it's a good deal, sign me up.

[@Crypt0fin]

I think the lowest it can go is the low $20 range due to all the inflation that has happened. The only reason the silver market crashed after 2011 is because people needed money and access to capital and could not get access to it due to the banks hoarding money. Now that we have an excess of the money prices are increasing for everything to where they need to be. Supply and demand is key plus fiat is out of thin air do the mental math everyone.

[@mattPOwer-m2b]

Over here in Australia I just bought 200 US silver eagles for $5 aud over spot. That means I was paying like $3 USD over spot for BU eagles.

[@Disinfective_Vibes]

That silver trade unit round you have on the video should be a universal hard money. Amazing ageless design 😍. Are there any mint currently making them anymore or they are all just vintage collectables right now?

[@jaimhaas5170]

You have a solid investment plan. I'm looking at the six month chart for SLV. Very promising to buy 24-27 range.

[@mandoman3042]

Nice video Silver Seeker. Just maintain buying silver at the lowest premium and buy more if you see the spot price going lower while holding on to what you have.

[@michaelangelobergeron5980]

Those Scottsdale 20 ounce kit-kat bars are popular with KZbinrs!

[@josephpurdy8390]

Do you remember how many people were looking to sell silver at $16 in 2020? I would expect about the same availability if silver were to drop to $18 in the future. There will likely be rare and collectibles to be on sale.

[@JFEnterprize]

I don’t know how’d it go? Sadly I can’t look such up either. 😢 was it high at that price point and folks sold or people feared it going lower and therefore got out before a perceived drop?

[@LeoNidas-301]

Agree 100%. I’ve got a lot of dry powder. If price drops to mid 20’s I’m adding a truck load. If we have a recession in 2025 we could see a short period with price drops of 30%.

[@Payt-y5d]

Don't sniff all that powder for yourself

[@THOMASDRELICH]

stack generic silver and trade for gold as needed. I do like my cull peace and Morgan dollars at 27 each

[@officialoverlander]

I would spend about $5k on silver if it went below $25.00 an ounce

[@dylwes]

Below 30 I’m buying. He’ll I’m buying above 30. Did turn some focus on gold since it dipped recently and took advantage of the spot gold recently.

[@Thatboylenny56]

Haven’t bought silver since 22$ other then collectible gold and silver to finish series that I’ve started

[@trihonda]

Just priced one of the higher priced dealers in my area (usually ridiculously high prices to purchase from them), so I figured they'd buy my 2015 Maples (mint tubes) that are selling for $39+ online (lowest I could find). This coin shop offered me 96% of spot, which is a $10 premium spread.

[@TheMostSlyFox]

That's dealers for you. You'd be better off with the ETF at that point lol.

[@Payt-y5d]

I'm sure private party would go at least spot and possibly spot plus 1-2 each

[@Uduplr]

I’ve Heard that phrase before..but, I’m Still looking for that Extra Money people talk about.

[@Joutube_is_trash]

Wouldn't it realistically need to sit below 30 for months for the premium to follow? Fact is these short term moves haven't meant shit because the premium always keeps it in the green for the dealers.

[@SilverSeeker]

Probably unless it got there slowly. But yea a huge drop at once would probably bump up premiums for a while.

[@edb3877]

Would LOVE to see a price surge in silver that would allow me to sell about 2/3 of my silver hoard and use that cash to buy more gold. I would still have quite a bit of silver in the US 90% silver coins I've stacked plus the ASEs. But the Maples, a few 5-oz. bars, some 1-oz. bars, and anything else I have but don't really love would be for sale. IMO, silver is great but gold is superb as an asset. I'm keeping the constitutional silver, including the 125 Morgan dollars I've collected, many of which are AU or better, all of the Kennedy halves, all of the early 2000s proof statehood quarters, and the several $100-face bags of dimes.

[@pinaystacker]

Ive into foreign numismatics lately. Something new in my stack.

[@saltwatersaddletramp7229]

So, what’s your number to back up the truck on gold? Under two thousand? Lower?

DrillMasterFlash I am focusing on CotR in gold and silver. IE;gold buffalos and Gold Eagles, silver American eagles and lots of dimes

[@ResilientCounty]

If silver drops to $18, good luck finding any to buy. Paper yes, physical no.

[@Tennesseanyankee]

Personally, after having changed jobs, I'm unable to invest in a 401k for a full year. I'm going to stock up on Canadian junk silver, mainly dimes.

[@SilverSeeker]

good call you can get that stuff super cheap right now

[@metaldragonbraveheart]

I try no to buy rounds that's always a loss. I but connotational and Silver Eagles as close to spot as possible and those deals are out there if you hunt around. I also hoard computer memory and hard drive boards I have a refiner I ship to he gets a 20% cut.

[@williamguirl7735]

Silver was put into 1965-1970 Halves; 40%!

[@SilverSeeker]

Yes, but that really wasn't the same thing.

[@MrMech-oj7iy]

I've heard reports that there are only 10 to 15 years of silver left in the ground at current demand. Of course, the demand will increase.

[@afanasya]

I've heard this 10-15 years ago

[@garynelson4749]

buying PT right now under 1k, Au and Ag are a bit to frothy

[@coloreye7963]

Are you sure about the silver content in ev batteries?

[@SilverSeeker]

Not current EV's... what from I've read the solid state battery technology, which isn't in current EV's but will come to market within the next 3 to 5 years will use about 1 gram of Silver per cell. Obviously I'm not 100% sure as I'm not behind that technology but I've read that many times.

[@williamguirl7735]

To us that stacked in the 70s & 80s; $50/ounce Silver was a Reality!

[@SilverSeeker]

Yea, but that wasn't a normal market. Fortunately alot of people cashed out of old Silver they had laying around back then, and good for them!

[@williamguirl7735]

@ yes, I’m well aware that the hunt brothers were trying to corner the silver market(Hadnt been done since the Bank of England in 1609) so, yes, this was out right manipulation by 2 individuals who were taking 1 million ounce deliveries on their contracts, and when the bubble burst and it began to free fall; the banks called in their margins, leaving them in debt to the tune of $11Billions, feds stepped in and shut down the Comex and bailed them out to the tune of $9Billion and made the Hunt brothers liquidate their rare coin collection and some fine art, but them keep the Kansas City Chiefs!

[@ItsEverythingElse]

Well is it "below $30" or "$25 or $26"? Big difference. And define how long "stays there" is. Market timing never works. Just pick a price target and trigger on it.

[@silverman5707]

Monthly charts say, $25. - $26. realistic.

[@timatkins5416]

My buying number for buying silver is the amount it was selling for in February 2024. Think back guys and gals

[@israelsapp7863]

It's gonna drop and I'm gonna load up more too😎 I think the new normal for silver is gonna be In the mid to upper 20s and 30s.. Great video as always keep Rockin Seeker👊😎

[@happymood888]

Silvers at 31.73 today and still going up

[@happymood888]

Now it at $ 32.30 a ounce

[@bensherman8976]

Folks 30$ is the new floor. I doubt very seriously it will drop below 30$ again. Ever

[@edwardmatuszczak9172]

I concur...

[@GrandChessboard]

Nah, it will fall for sure. Let's just get real. If the stock market starts to go down so will PM.

[@Payt-y5d]

I'd bet you 100 ounces you're wrong Ben

[@Rollochrome]

THANK YOU I am TIRED of hearing that the 1980 Hunt Bros Silver Thursday stuff has ANY marker correlation. I dial STRAIGHT out of any channel that references that as anything

[@Stax-ht9md]

I don't own a truck, but I'm with you

[@cottonclarksa]

In the last week or so, I recall seeing a KZbin from Andy Schectman of Miles Franklin where he considered the production sites of silver. As we know, silver is typically not the primary pursuit in any given mine. Most often, the primary target in new mines is either gold or copper (among others); silver is quite often an after-thought. But Andy’s main point was the cost of production. I don’t recall his sources, but he said the break -even cost for mining silver was around $26-$27 an oz (at retail). Anything under that would generate a net operating loss for the mining company. Meaning: these companies are not in business to bleed out slowly like that. If the retail price dips that low, then they just shut down operations and wait for the market forces/pressures to raise the price again to at least a modest profit level. Yet, we also know the industrial demand for silver is voracious. And he also mentioned that the US military uses as much as 500 oz of silver in every Tomahawk missile. SAY WHAT???!😮 If the price drops under $30/oz, then I may have to consider a “back up the truck” approach in buying it, too. After all, there appears to be a pretty valid safety net just below those figures. 😏👍🏻

[@richardbillin5190]

I personally feel Silver will continue to be undervalued for the foreseeable future. Using your example for Silver needed for EV Batteries “1 gram per cell” and upwards of Kilo of Silver for a 1000 Cell Battery. If Silver was to be what should its real value those EV Batteries will be even more unaffordable and the EV industry will struggle even more and those controlling the price of Silver will artificially keep it undervalued. Even being undervalued I’ll keep getting what I can afford.

[@Manetho72]

Well, I just used some of those digitial assests (LTC) that have no "real tangible value" to buy some silver and coins and come out several hundred ahead. I guess the jokes on me? LOL

[@SilverSeeker]

This comment makes me wonder if you know what tangible actually means… because converting intangible assets into something tangible like silver is exactly the point. 😉

[@Manetho72]

@@SilverSeeker "Tangible" has many different, related defintions. In the broadest seense it means "real," which crypto certainly is. You apparently limit the definition to "being able to physical touch." Fine, I understand that, but I'll choose the wider defintion. It's funny, though, because I've watched your boomer takes about crypto, which tells me you don't know what it is or how it works. There's a world of crypto far beyond having a Coinbase account and claiming you've "owned crypto."

[@SilverSeeker]

LOL wow… 1, I’m a millennial, bud, and two, my background is in network engineering. I knew about Bitcoin back in 2011...I even read the whitepaper. I’ll admit I wish I had taken it more seriously back then and mined some when it was easy or bought some when it was dirt cheap, but that doesn’t mean I believe in it now. Sure, some people have gotten lucky, but let’s be real: crypto is also a perfect tool for whales to manipulate markets and trick people out of their money. At the end of the day, it’s a system that relies entirely on the internet and a massive amount of energy to even exist. Without those things, crypto is nothing. That’s the definition of unsustainable, parasitic even... and yes, I’d call it a parasite. What’s hilarious, though, is people like you who act like crypto is the be-all and end-all just because you "understand" some of the tech behind it. Newsflash: being part of a younger generation doesn’t make you smarter than everyone else, and it sure doesn’t mean you’ve cracked some secret code. Maybe get off your high horse and realize not everyone shares your opinion. Have a nice day, though!

[@markhaseley3304]

Been waiting myself, the problem is that India/China/BRICS countries have been taking turns loading THEIR boats with silver at sub $30/oz. Might still happen as the fake paper/silver market goes through its final manipulation days.

[@hisandherscoins]

u mean back up ur tesla car lmao

[@guts1005]

Only way im coming back into it, is if they drops below 24. Tax and charging 2-5 dollars over spot is absurd. Then stack for 5 -10 years Just to make 2-3 dollar profit on ea coin 😂😂.

[@ChristIsLord7]

You can’t make any money on silver because of exactly that. The only one making the money is the coin shops.

[@PatriachalRain]

I buy when I can and what I can afford. If I could afford a truck, I would buy one. This would be very useful if spot drops significantly.

[@RobertMeredith-o5g]

It was used for coins that was the big one

[@richardmetcalf2346]

Ditto! 👍

[@kingglizzer]

If silver goes below $30, remember to let Silver Seeker buy it, then buy the next day because it will be cheaper. 🤣How many silver eagles can you get in a Cybertruck would be a pretty cool video.

[@stanleybaldwin401]

So why this video when silver price rose today to over $32 per ounce?

[@modus_operandi2508]

Probably recorded days ago ...duuhhh

[@11Bravo84]

Back it up‼️🚛

[@SW-rb9cr]

Amen, brother, me too. I will get a third job.

[@PabloE-q6o]

You wish price would drop.

[@ChristIsLord7]

Will be see $50 ever again?

[@joebrown-df8il]

[@TimLee323]

Dreamer!

[@BruceGordon925]

So when I look at the big SD dealers and see what they would charge me. They want to charge me EXTRA to use a debit card.. retailers also want to charge me to spend money. Anyone saine out there? Why are Americans paying extra money to spend money? Add tax and premiums on top........ Right Goodbye....

[@SilverSeeker]

Your beef should be with the credit card companies... it's not free for businesses to take your card as there's generally a 3% or so fee from the Credit Card company per transaction, plus a swipe fee. If you cancel your order and they refund you, they don't get those fees back either. Just pay with a check! They lock in the price when you place the order and ship when the check clears... its takes a bit longer to get your order, but you still get it at the same price. The only time that this is a problem is if your goal is to resell it right away, and if that's your goal, you're doing it wrong anyway.

[@BruceGordon925]

@@SilverSeeker OK (Just bend over) 3% plus, 6% taxes, Since when do Americans approve of giving up near 10% of their money to spend the money they paid income taxes on? People these days just don't think.

[@SilverSeeker]

@BruceGordon925 I don't pay sales taxes on Bullion... but it's the States that choose to impose sales taxes and they also choose what to tax. The majority of U.S. States do NOT tax bullion. You're right to be angry here, but as I said you're angry at the wrong people. If your state is taxing bullion, then fight it. Taxing Bullion is unconstitutional...

[@BruceGordon925]

@@SilverSeeker I know my anger is focused broadly. I'm not a stacker, well not serious, But recently looking at maybe 100 OZ 1 Oz bars. just to have some. What rational could be used to think it was a wise investment? Starting off with a few hundred LOSS at buying it?

[@SilverSeeker]

@@BruceGordon925 If you're looking at it as JUST an investment which the intent to make more FIAT, then you're right, just look elsewhere. I look at PM's as a physical, tangible savings that I can see and hold. I have a quite diverse investment portfolio, and I don't consider my Silver and Gold to even be part of that. The Dollar is ever inflating... it's designed that way. As I have shown many times, Silver has absolutely kept up with and even surpassed inflation in the U.S. since we went off of the Gold Standard... money under the mattress wouldn't have done that. And before you argue that money in the S&P or even Crypto would have done better for you, I don't disagree... difference is neither of those are tangible and come with much higher risk (especially crypto), where as Gold and Silver will always have value and demand, just like it has for the last 5000 years.

[@NickelNationCoinsMore]

👍

[@joshuarojas9282]

I’m down to clown!!

[@markoldendorf5393]

I am agressivly SELLING SILVER. Why ? People are nuts for silver right now, buying anything available. That level of insanity will not last. We have not had a recession in a while. Trump is certain to cause one. Recession equals less demand. People needing money, SELL Silver.

[@artboston4787]

Bitcoin's market cap recently surpassed silver. Maybe it's time to finally start buying Bitcoin?

[@christophergreyson6953]

That's a result of all the money printing around the world by central banks.

[@JFEnterprize]

XRP

[@WovenChaos]

🇬🇧☃️🏴󠁧󠁢󠁷󠁬󠁳󠁿

[@ernestedwards4073]

14th 👍 Hi Seeker

[@bigdogs-29]

DUH-H-H-H-H???

[@allenhester9177]

It’s 32 now dummy

[@sreempm2118]

Hey interesting video and presentation, worth the time. I have a question : While I was stacking silver once in a while I buy single coins which looks attractive to me , is it a good thing or a bad thing like getting high on your own supply ?🫣🫣🫣

[@danolson2323]

You can collect and stack simultaneously. Do what makes you happy.