MORE Bullion Dealers See Declining Silver Demand... What's Going On!

[@elliottscott6179]

It's cold out, it's just past Christmas, and also starting tax time, and the job market isn't doing so hot.

[@elliottscott6179]

@@beegee200 Not in my pay range. Welcome to reality.

[@mattmatt6572]

I'm waiting for the Trump discount mine baby mine

[@shufflesilver]

​@@beegee200 are you messing with this person or do you really think the reported numbers represent realistic and applicable data?

[@davec2020]

Looking to buy 20-30 oz of silver . Would u buy coins or bars? Also what kind and coins? Any information would be greatly appreciated. Thank you

[@shufflesilver]

@@davec2020 not financial advice but if I was to get my first 30 oz all over again i would get 20 one troy ounce generic silver rounds (that's one tube) and then 10 US silver eagle 1 troy ounce coins (if I lived in the U.S.... Maple Leafs if I lived in Canada... Britannias if I lived in the UK ... Etc) do you have to pay tax on bullion where you live? Also make sure to buy from a REPUTABLE dealer, especially when first starting out.

[@Travelbythought]

Tons of fake silver on Facebook. They should have spent their fact checkers time on their advertisers instead of the users.

[@edb3877]

Yet another reason why I never got on FacePlant. 😕

[@Travelbythought]

@@edb3877 They closed my account for something I supposedly posted on instagram, I never even used istagram. Anyway, they saved me an hour or so per day by kicking me off.

[@PremierCoinsandBullion]

Well then they'd lose all that money 😅

[@sailfly2869]

@@Travelbythought a little homework and research does wonders.

[@Travelbythought]

@@sailfly2869 I just stick to buying from the well known major online sellers. I don't want to spend my time researching an ebay seller.

[@radmirov8541]

Interesting how the price of silver is still holding firm above $30 spot while the stackers sentiment is so hopeless. $30 spot price must be the new support level. This indicates that spot price will go up from the current levels.

[@NazarioFitness]

@@radmirov8541 non-sophisticated investors get bored if an asset has languished vs their expectations

[@tommyboy1653]

Premiums $5-$10 on a $30 round probably part of it ,and double food prices people are broke.Add in coin shops paying $2 under spot so it’s not good unless your just holding for years,…

[@shaunsprogress]

One shouldn't buy Silver unless one intends to hold for decades.

[@coolbreeze6198]

That's a good assessment of the situation 👍🪙💰

[@PHUCKyoutube689]

Premiums on Eagles are around $4 for any amount online. Rounds in small quantities are selling for $1.69 to $2.00 over spot which is fair. For me its just speculation, Silver is probably going back down below $28 soon and gold $2600. If that happens I think demand will pick up. I have an itch that needs scratched but I think waiting and stacking powder for a price drop will pay off but who knows?

[@PremierCoinsandBullion]

Silver is definitely hard to make money on as a retail buyer unless you manage a hell of a deal. The best ive gotten on silver is a 9 dollar ounce Brittania.

[@shanejones578]

@@PHUCKyoutube689 I’m hoping for the same to buy more. In the meantime, eyeing platinum. If platinum goes towards 950 and gold and silver maintain then platinum it is.

[@Tn_jed001]

The bid vs ask in physical silver is so high demand is fatally dying. No matter how close to spot I buy, I lose at least 5-10% selling.

[@MarkDanger777]

5-10 is considered lucky. I lose at least 20% out the door. I just treat silver as collectables, hurts less

[@bensherman8976]

Silver is a long game.. you gotta hold to make some money.

[@香料國境]

THIS ​@@bensherman8976

[@theposhhead6308]

Then don't sell it..Baffled as to why you would. This is long term value. History has proven this

[@ToddGavin-dp6bk]

@@theposhhead6308 ''HOLD THE LINE.AGREE

[@sgtzilla58]

The buyer loses on both ends, they buy at over spot and sell at under spot. I buy silver coins as a hobby , not an investment.

[@johnholder9062]

Past week I sold 16.4 grams of 14k at a lcs literally walked out with 540 Im still disgusted. 4 grams scrap watch case and 12.4 grams were a 24” new gold curb chain. I’ve since bought a roll of privvy 2024s and 2 10oz poured englehard bars though so hopefully it all evens out. I highly recommend holding currently but Feb 1st silver from Mexico and Canada will have a 25% tax so this is not welcome news to the US stackers unless someone else can offer some postivoty

[@vaikjsf34a]

True, but ... Business wouldn't be able to business if it were not that way. If you hold long term the small cut they take is irrelevant. I don't have much at all , but the +45% in 2024 made any cut they took of me when I purchased irrelevant. That's just in under 10 years. Imagine 40+ years :)

[@sgtzilla58]

@@vaikjsf34a yes, I agree short term is not for Silver . I collect for the hobby

[@jbarkley5154]

My local LCS has tons of silver. He says folks have given up on it and just cashing out. Some have been in for years and have decided that it’s going nowhere.

[@theambiguoustruth8167]

This means it's about to fly! Good news.

[@UnspokenWords2010]

It's like buying silver and gold expecting them to go up but they go down instead. Well it's the exact opposite of that. Perfect time for it to get revalued.

[@AmericanProspector1776]

Yup when sentiment is this low, time to buy and or hold

[@PremierCoinsandBullion]

Then there's a massive year this 2024.. I like golds long term chart so much better but it's hard to get in without paying the premiums on fractional.

[@shanejones578]

@@PremierCoinsandBullionMexico gold has super low premiums. I bought a 5 peso piece at 350 flat last week from liberty coin, and its melt value is 334 today about 330 when I bought it. 3 3/4 grams gold.

[@dukenukemani07]

Good show, Seeker. I have a cigar humidor with a window on top that allows you to see everything inside and I stopped smoking about 6 years ago, so I repurposed it. I intentionally bought fake silver, fake gold and even Hollywood movie replica dollar bills and put them in the humidor, which I renamed to "The Fun Box". 😉Everything in The Fun Box looks real and you can't really tell unless you take the box and inspect the contents. It serves as a decoy, in the event of a break-in, but folks I live with love to take it out and play with the fakes and pretend they're rich. It's literally a Fun Box. 😅

[@TheQuickSilver101]

Thanks for the interview, guys! It's good to know what's going on in different places

[@LAStreetPreacher]

With a 3-4 year silver deficit, how can any sane person think silver demand is declining? Silver at $30 is very inexpensive compared to where the silver price is heading by 2026-30. I expect $100-$200 in that time frame.

[@davidt9411]

I would say one of the biggest problems is inflation keeps rising drastically and the price of silver just sits there and does nothing

[@SilverSeeker]

Since 2019 Silver has nearly doubled... it's still worth more today in trade for goods and services than it was when we went off the Gold and Silver standard decades ago.

[@chobiden7770]

@@SilverSeeker yeah but since 2012 it's dropped $3/oz. that's great that you chose the lowest price in the past decade and a half to make your point.

[@GarandKhan]

Some stocks at the market did well more than silver in 2024. Russel 1000 stock code (RUI) alone in 2024 did alright. A brokerage account is a good investing account to open from your bank. Diversify and branching your money is not a bad idea, sometimes precious metal does not hit all the time.

[@SilverSeeker]

@chobiden7770 just like you're choosing the ATH to make yours? Look at Silver before its 2012 run up then... we can ALL cherry pick but the fact remains that it is STILL worth the same or more in goods and services than it was in the 60s. It's supposed to be a hedge against inflation right? Well it's done a good job...

[@dynomiteslim4590]

Many people were planning on using silver as barter in case of hard times. Fakes have changed that. Now they are beginning to worry that accessing value from their stacks might not be as easy as they once thought.

[@ulexite-tv]

That is a very good point!

[@gosnellktn]

@@dynomiteslim4590 I bought a sigma years ago because I knew I would have to prove my own authenticity. I bought the pro version that has a rechargeable battery. Can verify on the fly

[@caseyrindal1815]

We're in a major depression and lots of people are broke

[@LAStreetPreacher]

How do you figure that? The economy is weak...a recession not a depression.

[@caseyrindal1815]

In real terms the wages hasn't gone up since before 2008. In real terms the stock market hasn't gone up since before 2008 vs gold. Unemployment has been lied about since before 2008. Government spending and health care is over 50 percent of gdp. Wage gap since the c19 has exploded. 58 percent of people don't have 1000 dollars in extra cash to afford an emergency. It takes 110000 to afford the average us home but the average income is under 70000. Credit card debt is spike. This is also included in gdp. Inflation is up 35 percent since 2020 and wages are up less then 7 percent. Banks are under water 600 billion compared to 2008 at 50 billion. Commercial real-estate is crashing. Car loans are crashing student loans are crashing. Thr house market is crashing. This is how I can say we're in a depression and it will get much worse. The government will never admit to it so most will deny it. The numbers I've given are very much like the great depression numbers. People are asleep to how bad this economy is.

[@jimjones8967]

When DJT says that the USA is an empire in decline, he is heavily downplaying the actual state of affairs. You are putting the state of affairs more accurately I think.

[@ulexite-tv]

One reason stackers are not buying silver is because gold is currently a better growth investment, given the past 18 months of spot prices. Look at the charts. Silver is static, while gold has skyrocketed -- and the divergence between them started when the silver price failed to follow the rise of gold.

[@ItsEverythingElse]

The more the prices diverge the more silver has room to run eventually.

[@veteranredbeard6222]

​@@ItsEverythingElseyeah but people have been saying this for years. People are tired of waiting. And if that means they lose out, then that's what happens. But a tight economy makes people more skeptical

[@PremierCoinsandBullion]

I really like golds long term chart as well compared to silver. There's something about the size of a silver stack you can attain in a short amount of time at least compared to gold..

[@sailfly2869]

When I look at my disposable income, I still find Silver is the best investment for me. I can buy so much of it versus the price of Gold that limits the amount of purchases. It’s all about volume.

[@PremierCoinsandBullion]

@sailfly2869 definitely!

[@brocklowe118]

It’s hard to pay $40 for an Eagle

[@vaikjsf34a]

wut? no it's not - it's undervalued at least up to $150 IMHO O-o

[@gizmothesquirrel9094]

​@vaikjsf34a when silver becomes tradable as a currency, eagles and generic rounds will be the same value

[@Tennesseanyankee]

Personally, I buy fakes once in a while to try spotting the fakes more readily. Last time I was in 2020. Knowing they're fake makes me more critical and attentive to details.

[@liquidkards]

I’m fairly new to collecting (mainly silver) and I’m always paying a little higher premium because I’ll only buy from the big online dealers because I’m afraid I’ll end up getting fakes. I don’t trust many people 😂.

[@code1555]

@@liquidkards I started out the same and went with silver granules for lowest premium(I have a propane forge to pour my own bars) but can't afford bigger purchases to get the free shipping so I travel about 45 minutes to a reputable local coin shop for smaller purchases

[@randallanthony1794]

And they should have lower premiums and they dont.

[@PremierCoinsandBullion]

I get that! I'd love to connect with you and get you some resources where you can find bullion without playing really high premiums!

[@shanejones578]

@@liquidkards liberty coin. You are welcome 🙏

[@wasillastacker]

Looking poor and having a multitude of Ks stashed away is the key to precious Metals stacking.

[@tonybeef1142]

Yep ...that's the way to go. 😊

[@coolbreeze6198]

💯 %

[@edb3877]

@@tonybeef1142 Yep, stealth mode.

[@PremierCoinsandBullion]

Why not be like me where I both look poor and have nothing stashed so I actually am poor 😂😂😂

[@bobmalooga335]

As someone with no friends or family who hides a lot of metals, I consider it a future inheritance to a random construction worker someday.

[@theambiguoustruth8167]

No free cash flow! I would be buying like crazy but groceries take up all my extra cash.

[@UnspokenWords2010]

By design

[@sailfly2869]

If you have extra time on your hands start thinking about being a reseller that shops the yard sells, thrift stores and flea markets to turn a dollar on. This is how I support my PMs collection.

[@abrahamgomez1166]

Buying like crazy but a measly grocery bill is holding you back 😂 must not be a lot of extra cash either way so you wouldn’t be buying like crazy

[@jackjones4043]

Buy rolls of Kennedy half's If you find silver keep it spend the rest. I loved spending the Kennedy half's always seemed to have lot of great conversations with the cashers. Many said they were going to keep them!

[@kristos1bahamas413]

older stackers are starting to kick the bucket

[@quarter-py4nr]

I’m not dead!

[@zorpman]

I'm not dead too!

[@RustyShackleford-u4r]

Got to teach your kids and grand kids about financial markets, they will hold it and pass it down. That's is my goal.

[@albing1397]

In the past month, I have acquired 70 Oz of silver, and sold none. Also a little gold. Still expecting a poor economic situation in 1st quarter due to world events.

[@flytiger53]

It's the sorry economy finally reaching the point where it's affecting demand for ALL expensive things. Food, lodging, and other basic needs are not being met completely.

[@billdillon3886]

I'VE BOUGHT FOR 10 YEARS. I'M STOPPING.

[@Nick-TM]

How much gold and silver do you have? What types did you stack? I’m starting and have 60oz of silver eagles and 3oz of gold eagles

[@billdillon3886]

@@Nick-TM Enough to last 2 years. All constitutional silver. No gold.

[@MJDEEE84]

I was at my lcs, and they had a lot of inventory. They were selling some gold bars at spot, and I got a 1/2 oz gold eagle for $50.00 over spot

[@Lstacker]

Nice The shop near me had eagle 1 oz gold 65$ over spot I was happy to see that

[@PremierCoinsandBullion]

Great deal!🎉

[@stevek662]

Look, if everyone is selling and the price is steady, that is one indicator of a bottom/consolidation. It's what the price action is after that is important.

[@purehyper124]

5:17 These are silver rounds. 5:47 How much work that takes. 9:57 lately they are. 11:38, will like to hear, 11:45 If you love everything it mean nothing.

[@AnthonyWayneNJ]

I have been selling and buying and on eBay since 2000 and I am seeing allot of fakes on eBay lately!!!

[@NotSoRemoteAlaska]

People don’t have any money right now. Waiting till things level out.

[@Hugo.345]

I happened to watch a video a few months ago on how some Chinese buyers bought gold in their land. Some scammers have perfected a gold alloy blend that weighs and looks like gold. Even when checked under expensive purity scanning machines like the sigma metal verifier, it passes as actual pure gold when the actual content of gold is like half the amount. The only way to verify is to cut the coin to expose the metal blend inside… something most people and dealers aren’t willing to do for fear of lowering the value of the coin if it’s a real one

[@melektaus2906]

Sounds like it’s tungsten in the middle with a thicker than average layer of gold on the outside

[@ulexite-tv]

I saw that video too, and tried to bring it to the attention of a few stacker youtube creators, but no one picked up on it. "He that hath ears to hear, let him hear."

[@vaikjsf34a]

the Chinese use bolt cutters to cut their bars open to check they're real. Lots of them find out they're not.

[@Dakota77d]

I once heard of a doctor back in the days- he was a healer, he only wanted silver coins for his help. Word was that he buried it all over his ground.

[@mrmainevent1872]

I speak for all stackers....Just kidding. I'm only speaking for myself. For the slowing of buying silver and gold, the last four years were four years of uncertainty. We saw gloom and doom and the future was not looking good. The Democrats stole the 2020 election and everyone looking forward believed it was going to happen again and our country was headed straight into the crapper. To our surprise Donald Trump and too big to rig was a success and now America and the rest of the world is breathing a HUGE sigh of relief. Many were buying because of the coming doomsday. Now the doomsday isn't on the radar anymore and people aren't buying or prepping for it. Only those who still believe it's going up and those who have come to love it are going to be the ones buying it for the next four years. That's how I see it. I could be 100% wrong. I often am.

[@jimjones8967]

You have cited a very interesting working theory as to why we are seeing a reduction in demand for physical bullion. Part of what you said could be true. But of what you say, does that only apply to physical bullion buyers in North America? What about the buyers in the rest of the world? Are other countries as heavily indebted and politically conflicted as the USA? Something not many seem to be talking about is the rise of the BRICS alliance. They are proposing a new global currency backed by a mixed basket of participating countries currencies & commodities, including silver. This new currency aims to de-dollarize the globe. If that does come to happen, the current hardships that the USA are facing now will look like a vacation compared to what will happen when the USD loses its world reserve currency status. The USD will be comparable to the Mexican Peso.

[@butch2kow549]

Enjoyed the video; very informative.

[@Eric_A...]

I'm buying less ttill I see what happens with the dollar, it doesn't look good. glad I stacked as much silver as I could over the years.

[@sailfly2869]

Same here, I’m being more selective in my choices of PMs to purchase. Now the biggest influence on the value of the dollar is the dollar index (DXY) and it is the Euro that I believe is giving us a false sense of security.

[@veteranredbeard6222]

I sold my silver for gold. Its not doing so well. Once it starts showing improvements, my coin shop is 10 min away

[@PaEMT_FF9]

Silver has anti-microbial properties which is of interest to me. Usually use scratched silver in my water containers.

[@vaikjsf34a]

@@PaEMT_FF9 I thought of doing this but mine is all BU grade. Looks too pretty to stick in water 😕

[@jackjones4043]

You should be able to get a great silver solution machine for about 150. Silver is known to kill every bad thing like bacteria etc. known to man. Get one that spins the water.

[@benanglin1458]

I’ve bought fakes to use in Western art collages. I don’t want to destroy real Morgan’s with epoxy, and a thief wouldn’t get diddly if they stole one of these.

[@PremierCoinsandBullion]

Good thing is the fakes are so good no one will even notice their fakes so your pieces will look great 😅😅

[@vaikjsf34a]

Thats a great idea, solve theft, make it cost less to produce, and it still looks great :)

[@PremierCoinsandBullion]

@vaikjsf34a exactly lol

[@elizabethjones4424]

Great video! Really enjoyed the coin shop stories.

[@mfb3042]

At this time there is nothing exciting about stacking silver. The action is felt with other assests. When the silver switch gets turned on silver inventory will disappear quickly, especially because the big businesses dependant on silver will scoop it up. Shortages on a corporate level are obvious.

[@gizmothesquirrel9094]

Wait until the paper silver market collapses. Silver will go up exponentially

[@daviddavey1727]

Selling out to meet increased cost of living.

[@sreempm2118]

Thank you for your selfless effort to fight fakes , it keeps all of us safe 🙏

[@whoknows7513]

Wow! Look at this $19.99 Morgan shipped from China! What a deal!

[@philkarkovice5337]

Now talk about the two US silver refiners Metalor and Asahi are backlogged for months due to high volume.

[@code1555]

Industrial demand

[@fhbbi]

Hi SS! For the most part, we buy everything new from the major online dealers. we only use the LCS to sell out metals. The issue is that online dealers have a vast amount of more products to choose from. It's winter. No warming up the ride and driving, no expensive gas, no road rage traffic, no bitter cold, no haggling and we can wait until lowest point of 'dip' before pushing that 'buy' button. When buying at a LCS, we have to wait and many times the LCS doesn't have any of the selections of what we're looking for when we go there. we basically only buy junk silver from our LCS. we're afraid that online dealers will make the LCS become like the mom and pop and the CORP brick and mortar video stores that went out of business like when Netflix came on board. That's about it. Thank you!

[@StephenKozlowski]

Thanks for sharing good information

[@JohnDoe-np3zk]

Yet another reason to buy and hold junk roosevelt dimes.

[@bodybuilderschickensnortht6121]

Yes it’s true, silver is more valuable than Gold in fact I just realized that I am already a millionaire

[@ERICLnj]

I buy silver more for the beauty and the mint art over the investment aspect. I love taking it out of my closet and looking at it every few weeks. Maybe in 10-15 years ill sell it off and buy a new refrigerator or something.

[@sailfly2869]

I thought for the longest time I would never purchase raw sovereign silver again with all the fakes and copying flooding our markets, but now I’m finding myself buying raw vintage silver bars with serial numbers and dated vintage rounds and now looking at vintage art silver bars. In all the years of collecting I have never ran into these problems that some are having with fakes, knock on wood, but would love to hear more on vintage silver my new obsession.

[@DudeNamedRed]

I love silver but after 500 oz the only silver I've ever bought was derivatives. Been a gold bug mostly.

[@mercdan]

Silver is relatively flat and manipulated and bulky so people want to do something else with their money, unless you intend on keeping it long haul

[@UnspokenWords2010]

That's pretty much the point. I'm using it for my retirement.

[@tony6863]

New to stacking silver whats a good amount 100oz? 200oz? or is a monter box enough?

[@garybacher236]

65 % live paycheck to paycheck no one has money to invest, most are selling to be able to live😊

[@thereignofthezero225]

The way I gauge my local market is whether or not my lcs guy is texting me telling me has deals. He hadnt in quite a while, but 2 days ago, he texted.

[@PhanOT11]

I have more than 10 Indochinese/French silver coins that I thought they were real. I kept them for more than 20 years. I recently took them to my LCS and found out that they are all fakes.

[@ulexite-tv]

Fakers been faking for many and many a year.

[@vaikjsf34a]

I don't buy more than 5 Oz / time if it's Chinese silver coin. Too worried about fakes. I buy mostly silver maples 😋

[@gizmothesquirrel9094]

​@vaikjsf34a i bought all of my silver from my bank.

[@jasonyoung9249]

Saw a replica 1875 Canadian quarter in worn condition on eBay yesterday for $8. Seller in China. Was surprised anyone was faking something like that.

[@TheoneGodfather]

When it gets down to where it should be,less than fifteen dollars an ounce, I’ll buy.

[@jimjones8967]

You are delusional my friend. Do you think silver is like copper?

[@medicineandbrazilianjiujit8511]

Nice video. Thank you for posting. Perhaps the first counterfeit coin was minted approximately 15 minutes after the first genuine coin ever minted.

[@The_Blessed_Cowboy]

I had a guy trade me silver in exchange for product at the farmers market last summer. I'm prepared to do it again this summer.

[@CodeLaw-xt6ku]

I've been selling gold for Crypto. Loading up on Ethereum Classic.

[@gizmothesquirrel9094]

😂

[@jimjones8967]

Yikes

[@Mike-METALs]

This is a great video

[@Northland11899]

You pay a premium to buy silver using fiat currency to protect your wealth in hopes of selling silver in exchange for that same despicable fiat currency, often times selling below spot. All the while the fiat currency has devalued. You might as well buy new cars in hopes of selling them for more in the future. I have yet to see a video where anyone says now's not a time to buy silver. Price going up = time to buy. Price going down = time to buy.

[@danolson2323]

A butcher won’t tell you to cut back on meat. These KZbin talking heads are all invested in selling PM, and silver is more profitable than gold for premiums. 1 oz gold eagle is $70 premium, 90 silver eagles is $405 premium.

[@ALAN-ux1xu]

In Ireland and the uk, there is vat (Government tax) on top of premium etc on silver. Gold has no tax. I like both. There might be a rush to purchase ahead of Feb 1 or some could offload silver into gold before gold jumps to stratospheric levels. I don't trust digital currencies.

[@vaikjsf34a]

can you maybe buy the gold then swap it for silver?

[@johnholder9062]

25% tariff on silver from Mexico and Canada cannot help US prices for gold and silver

[@wayne-oo]

The fakes out there make it very discouraging !

[@PremierCoinsandBullion]

No doubt.. there are ways to buy without having to really worry about this! If you are worried about this please feel free to connect with me about it!

[@Ody_ai]

Lol. I bought some Ali xpress Fake silver because I want some to put on my desk so i can play with it, That way i'm not handling the real stuff lol. I also wanted to learn what a fake looked like so i can educate myself. I'll never try to sell them! That's insane

[@terryjones9987]

Why are people selling is the most important thing,,,, and unless every seller is asked , ir is difficult to conclude.

[@Mike.L.]

I would say even more important than knowing and trusting who you're buying from is knowing as much as possible about what you're buying. You need to familiarize yourself with what the genuine item looks like, feels like, weighs, proper dimensions, etc. Learn the magnet test. Learn how real silver reacts to a strong neodymium magnet. You don't have to acid test everything, but you can if you choose to, excluding numismatics of course. I've been stacking since 2008. Early on I watched all the YT videos I could find about silver stacking. Ever since I began I tested everything larger than a silver dime, and even tested a lot of those. I once caught a piece of plated sterling a LCS sold me because he didn't scratch it deep enough. I used my magnets on it and immediately knew it wasn't silver. I am confident the metals in my safe are legit. I feel for those who have gotten shafted, though.

[@brentstraddle1462]

You are a cool dude so thanks for posting this!

[@Ben-nb8ss]

Silver is not a money maker

[@jimjones8967]

Correct. Owning silver and making money is like comparing apples to oranges. Physical silver is an asset that stores wealth and appreciates in value over time. Fiat currency(money) is used for day to day transactions and is in and of itself, completely worthless. Silver=physical asset, Money=transactional

[@DennisGilmore-wk5gv]

If someone trys to sell fake coins to my LCS, they keep them. If you protest, they will call the police. I made my last visit when I saw this happen. I wonder what they do with them?

[@billysmith6284]

All of the above.. and people don’t have money.

[@jahquanfoster6974]

Love the video Seeker. This guy is great everytime he is on.

[@lobbyrobby]

Is anyone going to comment you guys are rocking the same hairstyle? SS just needs a trim

[@PremierCoinsandBullion]

Bro has been stressing about these fake coins he ain't got time for a trim 😂😂😂

[@ccorm3350]

People are hurting -layoffs, inflation.

[@SilverSeeker]

That doesn't explain this... big money stackers are disappearing also. It's a small part but it's not the whole problem.

[@MrJackassz]

Its price its to high compared to just 2 yrs ago which i think should be the norm price. its a sellers market not a buyers. Buy low sell high has always been with silver from when currency began.

[@jamysmith7891]

It’s a buyer’s market, means most people are broke and selling Besides the mega bullion outlets, It’s not hard to pick out the legit dealers online; They have a constant stream of regular random stuff with actual item pics, and tons of regular inventory, clearly invested in doing things right If a random listing interests you, go into their store and scrutinize their inventory, if it’s all stock photos of gadgets and ladies’ shoes, run away Zoom in and look at the wear, wire brushed and artificial tone? Don’t buy high end nusmatics, buy nice regular specimens

[@melektaus2906]

Yeah people should know learn how to buy, know cheap and easy ways to test their stack, and how to discern what’s too good to be true But maybe that’s a tall order, unfortunately lots of people are overly trusting, don’t want to learn , or are just kinda dumb

[@UnspokenWords2010]

Sheeeeit those are the best people to buy from because they don't really know the value of what they have.

[@randallanthony1794]

Fees are to high

[@mypeeps333]

Could it be people are just broke ? WTF

[@SilverSeeker]

That's a small part of it... the big buyers also not buying right now and many selling. The guy in this video that Josh talked about selling over 809 ounces... he wasn't doing it cause he's broke. Definitely no need for your last 3 letters here.

[@gizmothesquirrel9094]

​@SilverSeeker those letters also could stand for Where's The Funds! -Pierre Polivere😅

[@siulanainad]

Legend has it that the guy who called you a liar is still sitting at a bar sipping a Jack Daniel’s non-stop fuming under his breath, cause HE knows more than you.😂😂😂😂

[@PremierCoinsandBullion]

Or just yelling to no one on several social media platforms at once 😂😂

[@russellking1924]

My local coin shop owner told me that coins minted 100 years ago weren’t great at following the weight. He said technology got better by about the 1970’s.

[@serene889]

I only buy online from others with silver coin community auctions. I'm still buying the same as of the last yr. It's still a hedge against inflation, I've sold some , I've also replaced some. My 2 LCS here in NY say they still have plenty of buyers as. Oppose to sellers. Each area of country is different. No shortage here

[@justsomeone6835]

Most dealers are overwhelmed flooded with silver people are dumping and have been for months

[@KevinFinnerty-c4n]

Those Perth Mint gold bars are easy to spot. On the back, the repeating kangaroos logo bleeds into the border on the fakes. The genuine bars have the kangaroo cut off sharp and precise when the pattern hits the border. Zoom in on the bars @ 8:53 and you can see the sloppy roo stamp

[@Nicki-q4m]

Makes no sense my LCS can’t keep anything in stock and he buys bulk from estate sales multiple times a week people are buying like there no tomorrow

[@sniperic1]

my stacking has went up, so I don't understand how folks are saying there is less demand, in fact I have increased my stacking because I am worried about taxes that might be place on maple coins from Canada.

[@RustyShackleford-u4r]

I agree, got my kids ( 9 & 14 ) buying now too.

[@PremierCoinsandBullion]

If silver prices go down my happiness goes up! Besides, I have been able to fgrt 1 ounce silver at as low as 9 dollars and ounce. After that fluke I can get it for spot quite reliably via certain channels! Just put out a video this morning about which round i got for 9 dollars 😊

[@jeremiahhook3001]

Just picked up some plata ❤

[@rogermetcalf37]

Hoarding coins in the soil is an ancient practice, today metal detectors find these buried coins from history

[@vaikjsf34a]

Yeah the survivors of apocalypse be metal detecting people's backyards

[@meteoman7958]

Could it be that PMs are to high?

[@LBLoss75]

I ordered a monster box of silver from Gainesville coins on 12/1, they still have not shipped out the monster box.

[@vaikjsf34a]

I refuse to buy online for this and other reasons. I want to see the person in front of me or I'm not buying.

[@philschiavone101]

Wow? What is going on? More people stack that have less economic advantage. So, when you are a stacker and you loose your job or money is very tight, you may have to sell just to keep your head above water.

[@tonyl7953]

awesome info. Keep it up fellas Cherrs tony

[@ChristopherWard-fs5ru]

The decline is just that, people buying from dealers. The demand for silver worldwide has outweighed the supply by 500 million ounces over the past 4 years, regardless of how many individuals are selling silver. These dealers can sell their silver to the comex at market price anytime they want.

[@robertm2663]

It's too bad individuals can't sell directly to Comex.

[@MK-100x]

Short answer, crypto bull run. PM investors also buy crypto. During the next bear market for crypto, lots of silver demand will come back

[@John-i6b5f]

I have gold and silver This bull market just started Not getting rid of the penny they are getting rid of 4 cents I ain’t selling sht Week hands to my hands

[@Stax-ht9md]

Tell your friend with the dog and gold we said Hello!

[@DelbertStinkfester]

I'm not paying $5 to $7 premiums

[@FrancsCollector]

Très bonne vidéo, merci du partage 👍

[@SovereignCajun78]

Gold is near an ATH again. Silver inches up a little, then the price goes right back down. It's like holding an under-performing asset, sometimes you just need to cut your losses. That's where I am with silver right now. I'm not completely giving up, not completely liquidating my stack, I'll always hold some with sort of a prepper mindset, but I'm not adding any until I see some upside to it.

[@DreamWarden-nb2uq]

Gold to silver ratio is about 90. That usually means buy silver and sell gold unless there's a recession.

[@AmericanProspector1776]

Good time to get at spot deals esp on gold

[@lerak8452]

I'm done staking. I'm content with what i have. Rather, hit a sell button, then rely on stores to get money for PM. Along with the fakes. I think it's good to have some silver, but diversify. These fake suck too.