No video :(

25oz of Silver Could Save Your Life

Подписаться 20 тыс.

Просмотров 212 тыс.

50% 1

📈 6 free stocks (Webull) a.webull.com/K...
😎 Join the VIP Club ► / mykiedydss
🔥 DYDSS Merch ► teespring.com/...
👤 Second Channel ► bit.ly/2BYDTVo
💳 Discover IT Cash Back Card ► bit.ly/3blyoyZ
(Referral link that gets us both $50 if you are approved 😃)
🆘 PayPal ► bit.ly/2JvwMbA
📸 Instagram ► / mykiedydss
📬 Send mail here:
Mykie DYDSS
P.O. Box 1024
Edison, NJ 08818
SILVER/GOLD SUPPLIES:
🔒 Lock Box (Mini Safe) ► amzn.to/2kH0Bep
⚠️ Air Tite Tubes/Capsules ► amzn.to/2Sj1M1R
⚠️ Tubes for Silver Rounds ► amzn.to/2U8SHJf
⚠️ US Mint Tubes ► amzn.to/2SvAWlX
◾️ Anti Tarnish Paper ► amzn.to/2NDxhQl
🥈 Coin Proof Sets ► amzn.to/2PCfUk4
◻️ Air Tites for 1oz Bars ► amzn.to/2Vi0lCq
Video Upload 1618 (Season 5, Episode 153): Don't You Dare Stop Smiling! Now I may not be a financial advisor so nothing said on this channel should be taken as financial advice... but I love discussing all areas of personal finance. Today I talk about & update a video I filmed 4-5 months ago talking about how 25oz of silver (at the time) was worth roughly $500 which is more than the average American has in savings, according to a 2016 Forbes article... Today, 4-5 months later, that same amount of silver is worth closer to $750... If spot were to climb to $50, it would be worth $1,250... is that possible?... what do YOU think? ...what are your thoughts? Just something fun to think about. Some facts & some opinions, but I’m also curious... What do YOU think of this subject? Let’s talk about it.
#Silver #Money #PreciousMetals

Опубликовано:

17 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 1,3 тыс.

@thesolorunner9313 4 года назад

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

@brethart9214 4 года назад

TheSoloRunner I miss the days of living at home rent free lol

@MykieDYDSS 4 года назад

That is awesome!! But I REALLY hope you don’t use those metals to buy a watch 😂

@emdadchowdhury4375 4 года назад

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!!!

@frosty856 4 года назад

Mykie DYDSS yup. Save it for a house. Watches are a luxury nobody needs

@sittinguysittinguy789 4 года назад

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.

@skylikins 4 года назад

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

@MykieDYDSS 4 года назад

Yup. When currency gets weaker, real money gets stronger 💪

@MykieDYDSS 4 года назад

(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)

@mcmc7746 4 года назад

Soon

@k98killer 4 года назад

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.

@ot505 4 года назад

If/when it gets to $100/oz I will finish paying off my truck/student loan/house

@edsmith2650 4 года назад

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.

@MykieDYDSS 4 года назад

That’s an awesome idea

@rebeccahernandez3460 4 года назад

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.

@charlievankesteren8756 3 года назад

Great post and sentiment, Ed

@jimfitzpatrick9188 3 года назад

Me too. And my boys will have a decent start.

@seansilvas4532 3 года назад

Respect bro!

@IDeus 4 года назад

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

@MykieDYDSS 4 года назад

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!

@MykieDYDSS 4 года назад

(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)

@ponzo1967 4 года назад

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!

@AnointedOne4God 4 года назад

ponzo1967 sweet, I started last October. Got about 526 oz

@stevesilver7437 4 года назад

@@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.

@cugxsruj.gvfhtgvhdff5769 4 года назад

In the late 90s Warren Buffett purchased about 3,500 tons of silver ,that's when I figured I better start buying silver.

@craigcarter400 3 года назад

That’s almost 6.4 million ozT. Assuming 3500 USA tons.

@keysersoze503 3 года назад

LOL! Warren has made billions from buying stock in good companies and reinvesting their dividends not from sitting on silver bars.

@bolt4694 4 года назад

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.

@mindislife 4 года назад

I've been seriously stacking since 2015, about 1600 oz of silver and 2kg gold

@daleval2182 4 года назад

Word of advice, don't brag numbers online. Loose lips, sink ships.

@wefukthenwo 4 года назад

I.P address noted!!

@daleval2182 4 года назад

@@wefukthenwo hacker

@cowpoke02 4 года назад

@@wefukthenwo hes a hacker and stole his stash . its okay .. he used your i.p/ address. lol

@cowpoke02 4 года назад

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..

@DoubleDHomestead 4 года назад

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$.

@homevalueglass3809 4 года назад

Damn, if your have your house paid off, bravo

@95rav 4 года назад

@@danskdna8550 you only own it until the govt confiscates it.

@billlimpert2909 4 года назад

@@95rav they can only confiscate it if you give it to them. Wth?

@daleval2182 4 года назад

Sell old tools, cars, stuff you dint need, collect more silver, youll do OK

@rogerhalt3991 4 года назад

HomeValue Glass better to have a roof over you and a little silver than the other way around

@redpilllense7125 4 года назад

I hit 100 ounces of silver last week, before the spike in prices.

@MykieDYDSS 4 года назад

That’s awesome! Congrats on the milestone. Next stop: 200oz?

@redpilllense7125 4 года назад

@@MykieDYDSS yes! But first I'm hoping to grab some gold American eagle 1oz coins.

@nilespeterclemens8328 2 года назад

Same just happened to me. Bought my first 100 ounces a couple weeks ago at $22, today is over $24

@E-BikingAdventures 4 года назад

If silver can go to $50 back in 1980, it can go to $150 today.

@robertsmith3774 4 года назад

It was almost 50 in 2011.

@E-BikingAdventures 4 года назад

@@robertsmith3774 . Yes but $50 back in 1980 was worth about $150 2011. The dollar has devalued since then.

@markburch6253 4 года назад

Silver went to $50 because 2 brothers cornered the silver market. That won't happen again. Laws are in place.

@E-BikingAdventures 4 года назад

@@markburch6253 . No. There's a lot more to it than just the THREE Hunt brothers. "Laws are in place". Give me a break.

@robertsanders339 4 года назад

Everyone forgets it got that high back then because of a scam

@TostonesMongos 4 года назад

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

@rasanchez169 4 года назад

Where can i purchase silver? Does it get shipped to my door directly? How can we trust what we get?

@TostonesMongos 4 года назад

@@rasanchez169 apmex.com is the site i'm using at the moment They have high premiums but are among the best/most trusted

@TostonesMongos 4 года назад

@@rasanchez169 and they do ship directly but are on a slight delay

@franciscogomez2565 4 года назад

I bought 120 ASEs at $26 a a few months ago when silver was at $15.... talk about a $11 premium 🙄 was pretty mad

@tho464 4 года назад

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.

@70rickterscale 4 года назад

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-th2dg 4 года назад

nicely said! much love

@Lemonade89817 4 года назад

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

@alanbud5181 4 года назад

And where exactly are going to sell it??

@markmarcucio4177 4 года назад

@@alanbud5181 You sell it back to the store owners for about 5 percent under spot value and they will buy it.

@loladzhurayeva9383 2 года назад

well said

@butternutbestboy1251 4 года назад

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

@shaneschofield6303 3 года назад

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.

@mindovermatter56 3 года назад

@@shaneschofield6303 dollar is worth less and silver is worth more. For the investment side and material use side of things

@adespade119 3 года назад

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.

@butternutbestboy1251 3 года назад

@@adespade119 I will, but me and my family are armed to the teeth. And I probably shouldn’t say that either but I did

@akirayoung1101 3 года назад

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"

@teatowel11 4 года назад

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.

@homevalueglass3809 4 года назад

Keep talking dirty

@crazyfam2363 4 года назад

Agriculture land YES, however current real estate prices overvalued, correction upcoming... needs to be in correlation with real household incomes

@pouglwaw5932 4 года назад

@@homevalueglass3809HaHaHa ! Talking about sky-rocketing metal prices has really got you "turned on", does it ??

@MrCem1016 4 года назад

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.

@Lemonade89817 4 года назад

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

@justindyczewski6640 4 года назад

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.

@NigerWifeChronicles 4 года назад

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

@derekspalding3091 4 года назад

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.

@NigerWifeChronicles 4 года назад

@@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.

@anthonyharris8547 4 года назад

Soon you'll have to update your video to "How one ounce of silver can save your life".

@MykieDYDSS 4 года назад

Honestly that would be GREAT! But hopefully I won’t have to update it for a while 😂

@seansilvas4532 3 года назад

I wish I could convince my girl of the value of stacking silver she's continually giving me shot about buying it.

@MykieDYDSS 3 года назад

It’s not for everyone 🤷‍♂️

@IHateThisHandleSystem 3 года назад

You might as well wish to reverse gravity or stop the tides, they are just as likely to happen.

@cgrist7000 3 года назад

She needs to kicked to the curb... she’ll be begging to get back with you when your stack matures..

@stilmesamejamese1 3 года назад

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.

@frefra101 3 года назад

Stacks of Purses and shoes but where are the stacks of silver

@H60Blackhawkmtp 4 года назад

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.

@debroo2128 4 года назад

Thankyou for your service UH Blackhawk. And also good advice🙂👍🍀

@ForCedar777 4 года назад

You the man!!! Thank you for your service. God bless you and your family...

@809tactsolutions5 4 года назад

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.

@809tactsolutions5 3 года назад

@@drip369 thank you for the support!

@kevinc8387 3 года назад

In nam it was a name brand gold watch

@mimaroo1431 4 года назад

I have been buying since 2011/12. I'm not rushing out to buy right now. I'm paying down bills instead.

@MykieDYDSS 4 года назад

Nice!! Did you get started during silver’s $40-50 hike? Or afterwards on the way down?

@MykieDYDSS 4 года назад

(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)

@edgarpadilla7397 4 года назад

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.

@beleckis2005 4 года назад

With all that is happening in the world I would not sell my silver until I HAD to.

@MykieDYDSS 4 года назад

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

@linniebickel6183 4 года назад

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.

@jaco9286 4 года назад

Silver goes to 100 in the next 10 years mark my words

@MrFox24 4 года назад

When we sell our silver we don't get the premium the dealer does

@MykieDYDSS 4 года назад

Not necessary

@jasonswiatkowski9127 4 года назад

Where can an average guy sell small amounts of silver at above spot?

@ahdhehcfudjdnc4859 3 года назад

@@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.

@JinKee 3 года назад

@@ahdhehcfudjdnc4859 be your own dealer on ebay or instagram

@lamarravery4094 3 года назад

So, you must be the dealer.

@andrewk332 3 года назад

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.

@cosifantutte1071 4 года назад

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.

@MykieDYDSS 4 года назад

Not sure of the exact number but that’s a lot of silver & that’s just the silver ABOVE ground!

@blackshadow2582 4 года назад

Even a dirty Mercury looks beautiful to me. Love the wings on Liberity.

@HeyU308 4 года назад

$200 silver. $10,000 gold. I never imagined they would print this much fiat currency. Project Zimbabwe.

@carlboehm7502 4 года назад

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..

@HeyU308 4 года назад

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.

@wuzgoanon9373 4 года назад

Ironic that 25 ounces of silver could save your life and 30 pieces of silver could cost you your life.

@biblebookclub668 4 года назад

Your soul

@lovemywife698 4 года назад

@@biblebookclub668 how much it cost to rent a soul?

@Warvvolf 4 года назад

@@lovemywife698 About 10 to 15 depending on the soul.

@lovemywife698 4 года назад

@@Warvvolf 🤣🤣😆😅

@pouglwaw5932 4 года назад

Yes- the difference between night and day. Buying silver to protect your family, or being paid silver to betray a friend. God knows !

@0atmmc953 4 года назад

Glad I bought 2k oz 5 years ago at 13 (on ave).

@MykieDYDSS 4 года назад

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! 😂

@MykieDYDSS 4 года назад

(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)

@WeThePeopleSurvival69 4 года назад

Wow bro..! Congrats!! Your children will be taken care of!

@lilsnacknutz 4 года назад

That’s Amazing!!!!

@Lemonade89817 4 года назад

That's a nice stack, hope you have a solid safe to keep all that in 😅

@E-BikingAdventures 4 года назад

Never sell your silver on ebay. The fees and the scammers are not worth it.

@E-BikingAdventures 4 года назад

@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%.

@marcushoward6560 4 года назад

It's not wise to buy it on ebay either. Not because of fees but scammers are pushing a lot of fake silver.

@bbissett1150 3 года назад

True that why you need to make sure it is either junk silver or mint state from pcgs or ngc

@darlenemestas8347 3 года назад

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.

@lamarravery4094 3 года назад

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.

@WesternSpy714s 4 года назад

How to spend ur edd money and 2nd stimulus check= buy silver😁

@MykieDYDSS 4 года назад

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 😁

@bigdaddylongstroke3559 4 года назад

Spent $900 of the $1200 on silver. This time it'll be $1200

@robertreed8526 4 года назад

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.

@Warvvolf 4 года назад

My thoughts exactly.

@loupi4bama 4 года назад

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.

@pacearrow4620 4 года назад

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

@willweed6168 4 года назад

@ryan lee same.

@Lowrider-th2dg 4 года назад

stack for the ones you love

@JP-cd2rb 4 года назад

@ryan lee l would have a hard time not rubbing their face in it.

@dcheck6569 4 года назад

@ryan lee good for you I was too chicken I only bought an ounce of gold and maybe 30 oz of silver

@PlayingGTAwhileBlack 3 года назад

Same! Told my close family members looked at me crazy, we went all in with the silver

@silversurfwax3863 3 года назад

Absolutely having 3months-6months of living expenses for savings is crucial. A medical emergency or emergency car repair/replace is critical to survive.

@MykieDYDSS 3 года назад

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 😂

@meganmills4025 4 года назад

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.

@davidpetrusewicz8172 3 года назад

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

@bigdog5587 4 года назад

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.

@EricStPierre 4 года назад

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!

@SGHedge 4 года назад

I have managed to save 150 oz ... doing all-right and its better than nothing

@MykieDYDSS 4 года назад

Nice!! That’s 150oz more than the average person has saved up!

@roymadison5686 3 года назад

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.

@TheJacob1971 4 года назад

APMEX now has a minimum purchase of $299, due to high demand. Never heard of that before from a large bullion dealer.

@johnblackmouth 4 года назад

Yeah saw that today myself. Interesting.

@joshuapowell8880 3 года назад

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! 👍

@MykieDYDSS 3 года назад

That’s the way to do it!! 🪙

@daynasingletary7620 4 года назад

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.

@bthompson661 4 года назад

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

@thepatriot689 3 года назад

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.

@84jamesp 3 года назад

I’m sure you’re treasure chest looks good

@Ddkrew1 4 года назад

Yes..everyone should know this...thank you for sharing.

@MykieDYDSS 4 года назад

I appreciate that, thanks 💪

@MrIdasam 4 года назад

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.

@mgoldberg777 3 года назад

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

@user-wu5gg6wq5w 5 месяцев назад

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 .

@aspensulphate 4 месяца назад

A very wise take.

@davidparker4501 4 года назад

I heard somewhere that 1 oz of silver buys 3 months worth of food in Venezuela? .?

@rjscat4235 4 года назад

Another reason to stack silver. It may get that way here.

@JoshuaDeanHealey 4 года назад

And 1oz gold buys a house!! 38000000 of "there dollars" (bolivar)

@dcheck6569 4 года назад

@@JoshuaDeanHealey I'd have to be there and see it to believe it

@JoshuaDeanHealey 4 года назад

@@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

@anthonyb9196 4 года назад

I bit the bullet and bought a total of 50oz some rounds, half kilo bars etc. if it goes down I’ll average down

@KodeStreet 4 года назад

I just reached a kilo of silver

@MykieDYDSS 4 года назад

That’s awesome! Congrats. Next stop: 2 kilos? 😃

@YLLiBzify 4 года назад

I'm on just around half a kilo in 2 months. I think I need to slow down... 😂

@craigcarter400 3 года назад

I have just under 2 kg ASW. Pretty much all in 80% and 90% “junk”.

@mariohostios 4 года назад

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.

@esetek 4 года назад

What about hookers and cocaine?

@mariohostios 4 года назад

@@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.

@Warvvolf 4 года назад

@@esetek I'm sure your cocaine will go up in value, but your hookers may decline over time.

@_bobbejaan 3 года назад

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.

@Viper4ever05 4 года назад

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.

@MykieDYDSS 4 года назад

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!

@MykieDYDSS 4 года назад

(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)

@Viper4ever05 4 года назад

@@MykieDYDSS you got it brother

@constantreader6678 4 года назад

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.

@jjmceachran 4 года назад

Best websites to buy silver and gold at the lowest mark up? Where have you guys found good deals?

@MykieDYDSS 4 года назад

I always open up 4-5 different tabs, visit 4-5 different sites & compare. Some have flash sales, which can help

@exmarine268 3 года назад

Actually, I heard it to be: Silver will buy you food, Gold will save your life.

@cugxsruj.gvfhtgvhdff5769 4 года назад

Got my first ounce when spot was $5.71

@bentley4l 4 года назад

I miss being able to an once of gold for 200-300$ ☹️

@cugxsruj.gvfhtgvhdff5769 4 года назад

@@bentley4l back when an ounce of weed was more than an ounce of gold.

@eweezee117 4 года назад

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.

@Lemonade89817 4 года назад

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 ✌

@PhantomSoldier07 3 года назад

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

@goywonder7341 3 года назад

There's something about buying silver that makes me never want to get rid of it. It feels like real money.

@Claimjumper55 4 года назад

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.

@robertestrada3104 4 года назад

For a millennia, silver traded at 10% of gold. This was before the creation of fiat currency. $200 silver?

@MykieDYDSS 4 года назад

Definitely a possibility! Hopefully it’s a slow rise... I don’t have enough silver yet 😂

@deerflyguy1907 4 года назад

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!

@serasane 4 года назад

gold $5000 /oz silver $500/oz.

@thelefthandedshooter5760 4 года назад

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-wl3xu 3 года назад

How much you make off the buttcoin???

@silvergoldtv6190 4 года назад

So if 25 can save my life I think I'm sitting pretty with 500 nice much love guys keep staking

@christianstadler6099 3 года назад

I’m 8 and I’ve been stacking silver since I was 5, I have accumulated 150 oz of silver and 12kg of gold.

@comrade-rashka6599 3 года назад

Wow, Amazing!!!! I am 92 but only have 5.89441 oz of Silver :(:(:(.

@ChrisOrban79 7 месяцев назад

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

@marcomarco6819 4 года назад

Used all my savings and bought 8000 Oz of silver 2 months ago. Hopefully did the right thing

@MykieDYDSS 4 года назад

That’s a lot of silver! How many fiat dollars did that run you?

@marcomarco6819 4 года назад

@@MykieDYDSS about USD 160k.

@marcomarco6819 3 года назад

@Nick Arilotta lol. Hopefully !

@robertpatti3138 4 года назад

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 .

@MykieDYDSS 4 года назад

A 1964 silver dime can be picked up for $2-3

@arisgod2749 4 года назад

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.

@tommoore4717 3 года назад

I personally believe Silver's way undervalued and I do believe it could hit 100 to $300 an ounce

@MykieDYDSS 3 года назад

Anything is possible 😎

@TrevorHoneyball 4 года назад

Actually an ounce of silver could save your life 🤔

@MykieDYDSS 4 года назад

Could be true!

@jduff59 3 года назад

That's one reason some folks carry a 1ozt coin - not simply for good luck.

@dillydoopsta6090 4 года назад

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.

@xpy1 4 года назад

why is that

@manofwar2529 4 года назад

Sdbullion.com has some.

@thomaskrutulis2289 4 года назад

Legacy coins in Tampa has all you can handle. Awesome ppl there!

@richardlane1130 4 года назад

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.

@lcj9564 4 года назад

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.

@totalowwnage91 4 года назад

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!!!

@MykieDYDSS 4 года назад

That’s what I’m doing. Holding but looking for an opportunity to “buy” at a discount!!

@markjamison9677 4 года назад

It’ll go down for a week or so especially after a vaccine comes out public then it will go to the moon .

@TheRazzaManazza 4 года назад

Good luck finding any!

@totalowwnage91 4 года назад

TheRazzaManazza i had done it in the past. Im in no rush! Silver goes up and down all the time. Be patient

@totalowwnage91 4 года назад

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!

@superdad-ls2id 4 года назад

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

@MykieDYDSS 4 года назад

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 😂

@MykieDYDSS 4 года назад

(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)

@hericapung8058 4 года назад

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.

@carlchilds3741 3 года назад

Silver is your own savings account. Several advantages and options by stacking silver.

@MY-nc7lq 4 года назад

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!!

@pouglwaw5932 4 года назад

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

@silverstanger1103 4 года назад

Funny how all of a sudden its ok to have silver ? lol

@MykieDYDSS 4 года назад

Not just okay but desperately needed. All the smack talkers paying crazy high premiums while trying to make up for lost time 😂

@antoniogorgoglione1621 4 года назад

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

@Phoenix10_UK 4 месяца назад

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? 🤞

@aspensulphate 4 месяца назад

Congratulations! I think you can be sure we will see silver go well over $100/oz.

@usaalways1869 4 года назад

$ 100 ounce is where silver is heading in my opinion

@MykieDYDSS 4 года назад

Definitely a possibility... but hopefully not for a while! I still need to stock up more

@IHateThisHandleSystem 3 года назад

I could sell 25 ounces of silver (generic rounds) at my LCS for $712.50 as of today).

@MykieDYDSS 3 года назад

Hahah it’s crazy how much spot price (& premiums) have moved since this video

@timzz4720 4 года назад

Hahaha remember months ago when we complained about the premiums??

@MykieDYDSS 4 года назад

YUPPPP. Remember summer/fall of 2018? Spot was $13-14 premiums were only $1-2? The good old days 😞

@bentley4l 4 года назад

It’s expensive, until the next day.

@socialamoeba5307 3 года назад

...... I never complain about the premiums ..... silver is dirt cheap right now .... gold/silver ratio 80/1

@Anonymous-wy5dc 3 года назад

I'm from the future. You guys won't believe it.

@blackshadow2582 4 года назад

Nice gifts!! Generous of you Joseph

@MykieDYDSS 4 года назад

I would agree! Shoutout to Joseph

@ronbell3986 5 месяцев назад

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.

@298lol 4 года назад

I started two weeks ago ): I only have 50 oz and paid around 1350

@liamgeeson5236 4 года назад

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

@martinjackson4036 4 года назад

I brought 3 kilos around 2.5 the VAT took most of my 3k investment. I'll just keep stacking ready for this explosion.

@jack633 4 года назад

i only have like 41 oz but we're early man i feel it.

@MykieDYDSS 4 года назад

Only about $27 per oz... not bad AT ALL!

@blanketyblank7561 4 года назад

About 5 kilos of silver here plus 2 oz of gold

@toordog1753 4 года назад

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.

@thecrimsonfucker5956 4 года назад

Yeah, im mad I didn't get into silver soon enough. Already have 5 oz coming my way, and will be stacking atleast 5oz a week form now on!

@cooldaddyfunk 4 года назад

That's my whole argument, sell for what? More Fiat? Nah lol

@carerforever2118 4 года назад

No, best to trade it for food and medicine, first aid kit and clothing.

@michellegunn4115 3 года назад

I plan to shave 1/2 of my silver after the increase and exchange for gold

@bacathey 3 года назад

Got 35 now and planning for a whole lot more.

@MykieDYDSS 3 года назад

Congrats on that 👏

@jthepickle7 3 года назад

Savvy investors do not pay 20% premiums. Remember, there are millions of ounces yet to be mined.

@MykieDYDSS 3 года назад

Stacking silver is not an investment

@wizz6648 4 года назад

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.

@1jessetaylor 4 года назад

The bigger question will it maintain a higher value.

@MykieDYDSS 4 года назад

It can absolutely climb, but will it stay all the way up? Likely no. Which is why ideally I’d like to convert some silver to gold when the GSR gap closes in a bit 🥈🥇

@johngeorge9832 4 года назад

I am knocking on the door of 1 year of stacking. When I started you could get 5 silver eagles, & get the free shipping. Now you can only get 3.

@MykieDYDSS 4 года назад

Yupppppp I’m 2.5 years deep & noticed the same thing. Tough times for those that are stacking! But we will reap the benefits in the long run in my opinion 🔥

@MykieDYDSS 4 года назад

(Also thanks for commenting! Please click the LIKE 👍 if you haven’t already & maybe share my channel with a friend 😃)