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7 Things I Wish I Knew As A Beginner Silver Stacker 

Silver Dragons
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In this video I talk about 7 things I wish I knew as a beginner silver stacker. When I first started silver stacking I had no idea what I was doing so I hope these silver stacking tips can keep you from making some of the silver stacking mistakes that I made. There are many different silver investing for beginners videos out there but my silver investing strategy mostly focuses on buying physical silver to retain my wealth. Silver stackers are typically looking to buy cheap silver and gold bullion so if anything you could call this silver bullion investing. I am wanting this video to act as a beginner silver stacking guide to new silver stackers. My silver stacking strategy might be different from yours but I hope that these silver investing tips can be of help to you.
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• The Ultimate Guide to ...
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Thanks for watching!!
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Topics I cover in this video: silver stacker tips, beginner silver stacking guide, silver stacker mistakes, silver stacking, silver stacking tips, silver stacking mistakes, silver stacking guide, silver stacker guide, silver investing, silver investing tips, silver investing mistakes, silver investing for beginners, silver investing guide, silver investing strategies, silver stacking strategy, silver stackers, silver bullion investing, investing in silver, silver bullion
#Silver #SilverStacking #SilverInvesting

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4 июл 2024

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Комментарии : 441   
@johnsanford3596
@johnsanford3596 3 года назад
It would be nice to see a video on basic coin shop etiquette. With input from some folks on the other side of the counter.
@SilverDragons47
@SilverDragons47 3 года назад
yes that’s a great idea! 🔥🐉
@TheVisitors44
@TheVisitors44 11 месяцев назад
I would love tips on how to negotiate on the price. Will local coin shop give me a better deal if I spend $500 on the regular?
@macclark4112
@macclark4112 2 года назад
46 years just poking along today at 30 ozs. a week. The least I have put aside in my life. As I have had a good run now through life. Never put 1 oz away to get rich. Instead only to retain wealth and provide a nice comfortable retirement. You beginners with less then 10 years of stacking experience keep it going you’ll never regret your collection.
@Image8O4
@Image8O4 Год назад
Great video! Thank you so much!
@tedbender246
@tedbender246 2 года назад
Your information is extremely helpful for someone new to metals. Watching your videos got me up to speed quickly
@stackerothings
@stackerothings Год назад
Started my stacking just yesterday and your videos have been very helpful. Thanks!
@Rocknranchman
@Rocknranchman 2 года назад
Great video! My wife and I just started stacking Silver and this helped clear up a few of our concerns so thanks for posting it!👍
@neotericsilverstacker
@neotericsilverstacker Год назад
All great advice! Thanks!!
@CTR-UTH
@CTR-UTH Год назад
Started my silver stacking around late last year, but now with everything considered, you have given me the best idea how to stack. It works for me, especially being that I barely have enough for me. Thank you Silver Dragon! 💙👍😁
@brantlow6793
@brantlow6793 Год назад
I greatly appreciate your videos. I'm just starting out and found you online. I watch your videos one after another. You have really changed my mind on how and what to buy. I just wanted to say thank you. Without you giving your time to help educate me I would be completely lost.
@atbmmetalinvest523
@atbmmetalinvest523 3 года назад
Tks for all the advices... I appreciate it, as a novice stacker every detail counts.
@SilverDragons47
@SilverDragons47 3 года назад
you are welcome my friend! thanks for watching! 🔥🐉
@maxlebow7373
@maxlebow7373 3 года назад
Really great info. Thanks
@Breeze4me
@Breeze4me 3 года назад
Excellent video! Very informative...I have learned a lot. Thank you Silver Dragon😃
@SilverDragons47
@SilverDragons47 3 года назад
awesome thanks for watching my friend! 🔥🐉
@kylefellows2513
@kylefellows2513 Год назад
Newbie to stacking so have found your videos a wealth of information . Keep up the great work .
@suec3215
@suec3215 3 года назад
Great video and very informative! Thank you
@SilverDragons47
@SilverDragons47 3 года назад
awesome thanks so much for watching my friend! 🔥🐉
@ejames6431
@ejames6431 Год назад
Good video. Thank you.👍
@silvergopher
@silvergopher 3 года назад
Very good points, SD. Well done.
@SilverDragons47
@SilverDragons47 3 года назад
thanks so much my friend! 🔥🐉
@cvshooter61
@cvshooter61 Год назад
Thanks for another great video. I have been buying for a few years, but I am still a greenhorn. I'm learning a lot from you.
@jasonramos5493
@jasonramos5493 3 года назад
Awesome first time stacker thank you.
@SilverDragons47
@SilverDragons47 3 года назад
awesome thanks for watching my friend! 🔥🐉
@jackienewson7711
@jackienewson7711 2 года назад
Thank you so much you have taught me alot I'm just getting started with it this stacking awesome teacher
@scottphillipy9831
@scottphillipy9831 Год назад
Very helpful, I'm getting ready to start stacking. You make it easy, at least for me, to understand the do's and don'ts. Thanks for sharing your knowledge with us. ✌🐲
@snomobila
@snomobila 3 года назад
your top notch when it comes to hitting the comment section, and I commend you for that!! not an easy feat. thank you for the vids!
@WhatWeCallDollarsArentMoney
@WhatWeCallDollarsArentMoney 3 года назад
Always enjoy the vids, SD.
@SilverDragons47
@SilverDragons47 3 года назад
thanks so much! 🔥🐉
@aquila_d_oro
@aquila_d_oro Год назад
thank you so much, i'm starting stacking
@JewelryEnthusiast
@JewelryEnthusiast 11 месяцев назад
Awesome video thanks for sharing.
@xw0ex948
@xw0ex948 Год назад
I won a one oz silver bar in a giveaway and now I'm super excited to start stacking ! This info will help alot !! Thanks
@TheQuickSilver101
@TheQuickSilver101 3 года назад
Great advice for beginners! Anyone who knows a young stacker or someone who's just getting interested in stacking needs to share this video with them. Thanks for the quality content! 👍
@SilverDragons47
@SilverDragons47 3 года назад
thanks so much my friend! 🔥🐉
@jeannettejo1
@jeannettejo1 2 года назад
Great video!
@annaburns5382
@annaburns5382 Год назад
This is very helpful. I have no idea what I am doing and I don't know anyone that is metal collector than I am aware of. I took notes and I bookmarked this video. Thanks much.
@StrongStacker1
@StrongStacker1 3 года назад
I think you covered all the basics SilverDragons, good job!
@SilverDragons47
@SilverDragons47 3 года назад
thanks so much my friend I appreciate you watching! 🔥🐉
@felipeiniguez1423
@felipeiniguez1423 3 года назад
Good information silver Dragon .
@JeffersonRah
@JeffersonRah 3 года назад
Nice video. Very good basics and something I would send out to people to share
@SilverDragons47
@SilverDragons47 3 года назад
thanks so much my friend and feel free to send it out! 👍🏽🐉🐉
@theradiounderground7298
@theradiounderground7298 3 года назад
Great stuff!
@SilverDragons47
@SilverDragons47 3 года назад
thanks my friend! 🔥🐉
@natemr4482
@natemr4482 3 года назад
I am New to buying coins i have been buying for a couple of years thank you for the info 😃
@silverstackerintraining148
@silverstackerintraining148 3 года назад
Great Video!
@AlohaStacker
@AlohaStacker 3 года назад
Definitely a good video for beginners! 🌋
@SilverDragons47
@SilverDragons47 3 года назад
thanks so much my friend! 🔥🐉
@kurtnewman5008
@kurtnewman5008 3 года назад
Have an exit strategy. After 8 years just now finding out what I can get for my silver so I can trade up for gold. Luckily the info on this channel and in the community is pretty spot on. Never thought much about selling silver ever.
@SilverDragons47
@SilverDragons47 3 года назад
yeah always have an exit for sure! I hope to trade some up to gold if the GSR tightens more 🔥🐉
@rogeliodiaz3062
@rogeliodiaz3062 3 года назад
Thanks friend!
@silverati2023
@silverati2023 3 года назад
As always great video 💪👍👊
@SilverDragons47
@SilverDragons47 3 года назад
thank you so much! 🔥🐉
@bricktownsilver5523
@bricktownsilver5523 3 года назад
Great report, I wish I heard this when I started. I'm sure you helped alot of people!
@SilverDragons47
@SilverDragons47 3 года назад
thanks so much my friend! that is the goal 👍🏽🔥🐉
@ikust007
@ikust007 3 года назад
@@SilverDragons47 i am part - sadly - of the newbies... Never new it existed before. damn...
@jodisholes4091
@jodisholes4091 Год назад
Great video! I have been seriously thinking about buying gold & silver for a while now, but didn't even know where to start. Your video was informative and is great for new comers. The only problem was when taking notes you talked way to fast so I paused a lit!! Lol. Thank you for your video. I will be buying them now!!
@williamjohnson650
@williamjohnson650 3 года назад
I love this guy.
@EricStPierre
@EricStPierre 3 года назад
Great tips as always! Junk silver is a great way to get started since you can purchase in smaller amounts with less premium than fractional bullion. It still is the primary thing I stack so far as I can find it on a deal.
@SilverDragons47
@SilverDragons47 3 года назад
thanks! yes junk is great for stacking! 🔥🐉
@Jason-vn5xj
@Jason-vn5xj 3 года назад
9:00 We had the foresight when we bought our house (which needed finishing) to buy a safe from a hotel furniture surplus store. So all my metals are tucked away in a solid safe anchored in concrete - whose key lives in the gun safe. ❤️
@JaJiMusicmanCoinz
@JaJiMusicmanCoinz 3 года назад
Very nice introduction to stacking. Thanks for sharing. Stay safe.
@SilverDragons47
@SilverDragons47 3 года назад
thanks so much! 🔥🐉
@silverscientists8130
@silverscientists8130 3 года назад
Love these videos im a beginner only 8 months of stacking
@SilverDragons47
@SilverDragons47 3 года назад
awesome welcome the community my friend! you are probably a veteran now compared to a lot of others 🤣
@amandac1318
@amandac1318 3 года назад
Awesome advice! 💜
@SilverDragons47
@SilverDragons47 3 года назад
thanks for watching my friend! 🔥🐉
@johnplabst16
@johnplabst16 2 года назад
Good helpful tips 👌 👍.
@williamjohnson650
@williamjohnson650 3 года назад
I just started last October better late than never!
@AlansArgentApe
@AlansArgentApe 3 года назад
I just started back in March but I've got 70oz stacked so far. Good start in my opinion.
@needmoresilver3677
@needmoresilver3677 3 года назад
Very good information👍👍👍👍
@SilverDragons47
@SilverDragons47 3 года назад
awesome thanks for watching my friend! 🔥🐉
@sherieward7707
@sherieward7707 3 года назад
Great video my friend very helpful information. I thank you for taking the time to share with us what you have learned and what you wish you had known as a beginner collector. Hope you have a great day Best wishes
@SilverDragons47
@SilverDragons47 3 года назад
awesome thanks so much for watching my friend! 🔥🐉
@hpfanatic30
@hpfanatic30 3 года назад
Looking forward to starting this new hobby! Thanks!
@SilverDragons47
@SilverDragons47 3 года назад
awesome best of luck with the stack my friend! 🔥🐉
@brokechef1606
@brokechef1606 Год назад
As a new stacker, started maybe 2 weeks ago, up to 15ish oz. All you’re videos have been more than useful. Wish I had done some research before buying some stuff like Eagles. Money towards rounds would have been better spent. Live and learn though.
@ccsmith2937
@ccsmith2937 Год назад
For a cheap safe put an exterior grade door on a closet or bedroom and install an electronic deadbolt. It works good & you can have multiple combinations for authorized users. 👍👍
@TheVisitors44
@TheVisitors44 11 месяцев назад
Great idea, thanks!
@jeffsgarage1969
@jeffsgarage1969 3 года назад
Thank you 🇺🇸
@SilverDragons47
@SilverDragons47 3 года назад
thanks for watching! 🔥🐉
@swjackson917
@swjackson917 3 года назад
It might be a good idea to have a camera pointed at your safe with a motion sensor that will alert you when someone is around your safe.
@SilverDragons47
@SilverDragons47 3 года назад
absolutely! the more security the better 🔥🐉
@charliepugh9436
@charliepugh9436 3 года назад
Great Information. If I had only saved Junk Silver when I was much younger I would be very well off. But it's not too late. Silver and Gold, especially Silver is why undervalued. Have a great day.
@SilverDragons47
@SilverDragons47 3 года назад
yeah I wish I had a bunch of old silver coins as well... keep on stacking my friend! 🔥🐉
@d3ltaking419
@d3ltaking419 11 месяцев назад
Great video I just got into stacking already up 4 lbs in silver and only 2 oz in gold it’s a start. However I’m in it for the long haul.
@12jacobmar
@12jacobmar 2 года назад
I've been putting in overtime and I'm going to use that to incest with. I just got my first 1 oz bars! I can't wait to get them delivered!
@DrSchor
@DrSchor Год назад
If you are going to incest, you just might be a redneck. Don't let the police know. You could go to jail for 20 years.
@eric2685
@eric2685 Год назад
Very helpful comments. I am starting to buy silver Brittania coins in small , affordable amounts , and was encouraged by the way you similarly began . In the U.K. they are legal currency and free from Capital Gains Tax ( I THINK !) . Best wishes .
@glenwilliams6107
@glenwilliams6107 Год назад
Great 👍 vid.. wanting to start ASAP.. It was value added.ill subscribe. any update since this vid
@AliceinSilverland
@AliceinSilverland 3 года назад
Nice work!!!
@SilverDragons47
@SilverDragons47 3 года назад
thank you so much! 🔥🐉
@AliceinSilverland
@AliceinSilverland 3 года назад
@@SilverDragons47 you probably don't even know how many people you have helped bring into silver ❤️🐉
@davidjodell5223
@davidjodell5223 2 года назад
My boss got me into stacking recently and to start me out he sold me 5 maple leaf's for $75.00. your videos will be a big help in the future. Thanks.....
@glenncollins4778
@glenncollins4778 Год назад
Sound advice thx
@pasquale2652
@pasquale2652 Год назад
Excellent video. Now I can buy coins with much more clarity. Thanks.
@brentschange5264
@brentschange5264 3 года назад
Thanks to YT and people like you, We was schooled by the best Stackers around. The worst mistake we have made in the last 3 month when we started stacking, is buying from Silver Towne! We watched a lot of YT videos before we spent the first $. Even checked videos to see if the online bullion dealer was legit!
@SilverDragons47
@SilverDragons47 3 года назад
thanks for watching my friend! yeah I don’t ever buy from them directly 🔥🐉
@msprague9223
@msprague9223 3 года назад
I just started buying silver. I only have 14 oz so I feel like way behind. I`m going to buy some every month is that a good idea?
@msprague9223
@msprague9223 3 года назад
@@TheComicsDen Thanks for the advice. I am buying with cash and 1oz pieces. I do need to learn how to check for authenticity. I did pay alitttle over $4 over spot.
@msprague9223
@msprague9223 3 года назад
@@TheComicsDen I`m from Canada so we pay about 30% more than the US. The dealer I buy from is cheaper than any online seller I can find. Do generic rounds sell for less? I don`t care about who makes them as long it is good value. Also I pay cash and in Canada we don`t have to clam anything under $1000.
@marilynbuchfink7062
@marilynbuchfink7062 3 года назад
@@TheComicsDen I am very NEW at this, what is the problem with a paper trail?
@johnsanford3596
@johnsanford3596 3 года назад
@@marilynbuchfink7062 IF you don't want the government to know you have precious metals, then a paper trail is something to avoid. A secondary risk is any bad actors within the transaction chain who could theoretically use the information to come and steal your PM. Unless you're buying a LOT, that's a lower risk than the guy who stakes out the LCS and follows people home to pick his burglary/robbery targets. Most such lowlifes are more likely to hang around ATMs, just as there is more risk that someone inside the transaction chain will steal your identity than somehow knock off your house.
@SilverDragons47
@SilverDragons47 3 года назад
yes I would say don’t overextend yourself and just buy what you can afford every month 👍🏽 great start! 🔥🐉
@LittleZeke78
@LittleZeke78 3 года назад
Received my auction winnings in the mailbox yesterday !!! That was lightening fast!! I look fwd to the next auctions!!!
@SilverDragons47
@SilverDragons47 3 года назад
awesome thanks for the support my friend!!! 🔥🔥🔥🔥🐉
@LittleZeke78
@LittleZeke78 3 года назад
@Shane Ashby 1oz Boston TeaParty / Don’t Tread on me coin 👊🏻👍🏻🤓🇺🇸 I REALLY wanted that USS Constitution ship coin , if I had an up to date balance of my paypal account I would have bid much higher !!!
@sweetslimroussos2848
@sweetslimroussos2848 3 года назад
I bought my first gold and silver recently went for a 10g gold bar a gold Canadian maple coin 1kg bar of silver and 6 silver Britannia coins very happy with my order but will be stacking silver rounds and bars I think.
@telosmonos_gustavo
@telosmonos_gustavo 3 года назад
All great points! The only question I would ask is about exit strategy. When I began a few months ago, once I began to understand premiums and spot price, that was my sole focus. In my area (South Austin, Texas) it seems that the local LCS establishments either are elite high capital requirement bullion dealers or places I wouldn't necessarily trust. It seems as though there's no in-between trustworthy LCS places like you and Yankee are fortunate enough to have. Thus, finding a place to eventually sell off some of my stack is going to be a real challenge.
@SilverDragons47
@SilverDragons47 3 года назад
look into selling to an online bullion dealer. typically they have good buy back prices... sometime even higher than what a LCS might pay 🤷🏽‍♂️🔥🐉
@telosmonos_gustavo
@telosmonos_gustavo 3 года назад
@@SilverDragons47 Thanks, appreciate your advice!
@ssbn7300
@ssbn7300 2 года назад
I would consider purchasing or selling to the larger companies such as Apmex or US gold bureau. The overhead is usually a bit lower for the transaction.
@ronmack7885
@ronmack7885 11 месяцев назад
I agree.
@nathanr.494
@nathanr.494 3 года назад
i've known about people that have stored silver/gold in banks and companies that hold precious metals. it's a dicey thing cause should the company or bank go out of business, the customer can lose the metals to claims from the company or bank. I would always keep your own safe. I 100% agree with silver dragons on that.
@SilverDragons47
@SilverDragons47 3 года назад
yep always keep the cards close to your chest! 🔥🔥🔥🔥🔥🐉
@notthatperson8179
@notthatperson8179 3 года назад
You can pay for segregated storage which ensures the metal is your asset not the corporation’s.
@natemr4482
@natemr4482 3 года назад
My name is Nathan reichle 👋
@yeshuathechrist5213
@yeshuathechrist5213 3 года назад
I had a 100 oz goal for the year and ended up with 271. Sold some and hooked up my patio
@spectre9065
@spectre9065 2 года назад
Highly unlikely that local coin shops sell fake metals. They are required by law to include a specially signed receipt for every purchase. The shopkeeper doesn't want to get sued because their patron actually checks the authenticity of the metal they bought. This is more a problem with private sellers or handshake deals.
@desgoulding7154
@desgoulding7154 3 года назад
Top video, mate.. Hope you are well.I would like to get silver Eagle or a Kennedy on day.
@SilverDragons47
@SilverDragons47 3 года назад
thanks a bunch my friend! i’m sure you will 👍🏽🔥🐉
@eduardoaquitemtudo4827
@eduardoaquitemtudo4827 3 года назад
muito bom meu irmao estamos juntos e parabéns
@PlumberStacker
@PlumberStacker 3 года назад
It's like you were in my brain lol. Thanks!
@alexandrelambrou6625
@alexandrelambrou6625 3 года назад
My best deals where i got nunismatic silver coins for under spot price, were all with private sellers that just wanted quick emergency money
@b1ade307
@b1ade307 3 года назад
One oz at a time is what I did and love it over the 2 months since I started I’ve gathered 34.5 oz of silver and 5.5 grams of gold and a few goldbacks and very much agree with heavy safe lol 😅
@SilverDragons47
@SilverDragons47 3 года назад
very nice my friend! the heavier the better 😁🔥🐉
@justingodfrey4063
@justingodfrey4063 Год назад
Great video! Very educational and informative. Just one question...what does the term spot price mean? Thanks!
@viperracing2889
@viperracing2889 Год назад
I just made my first precious metal purchase ever - 117 oz fine weight worth of constitutional silver coins. Paid 0.99x spot, fine weight, at my LCS.
@jebbbig
@jebbbig 3 года назад
Thanks
@Nico-rj4lo
@Nico-rj4lo 3 года назад
Stacking since April 20, now currently at 113 oz
@SilverDragons47
@SilverDragons47 3 года назад
awesome keep on stacking my friend! 🔥🐉
@theradiounderground7298
@theradiounderground7298 3 года назад
MD has taxes on less than 1000 purchases :( i remember paying with a credit card for a tube of eagles. So i payed credit fees and taxes at my lcs and it ended up being like 7 over spot. Spot was 16 at the time so im actually in the clear lol
@SilverDragons47
@SilverDragons47 3 года назад
sounds like it worked out but maybe saving up would have been better in the long run? 🔥🐉
@sidneyvalmain9997
@sidneyvalmain9997 2 года назад
FYI. Watched a video on heavy safes, digital key pads were easy to break into with an earth magnet. 30 seconds is to fast. A much bigger magnet than the one you're using though. I'm looking for a safe for my guns, silver and coins.
@johnbellinger6524
@johnbellinger6524 3 года назад
I never imagined how large my stack would be. You need to address the storage requirement as you begin stacking.
@SilverDragons47
@SilverDragons47 3 года назад
yeah lol I have upgraded my safe. now I have a decoy and a legit safe... maybe a few decoys 🔥🐉
@johnbellinger6524
@johnbellinger6524 3 года назад
@@SilverDragons47 I hadn't considered decoys!!!
@williamokeson2154
@williamokeson2154 3 года назад
I have bought some colorized Silver Eagles usually under spot. It is still an ounce of silver...
@theradiounderground7298
@theradiounderground7298 3 года назад
Yeah and you could always strip the paint
@SilverDragons47
@SilverDragons47 3 года назад
that is awesome! buy all you can! 🔥🐉
@greggsutton9658
@greggsutton9658 3 года назад
The colorized silver American Eagles are beautiful !
@silverscientists8130
@silverscientists8130 3 года назад
What up silver dragons 🐉!
@SilverDragons47
@SilverDragons47 3 года назад
hello my friend! 🔥🐉
@jerrylee1100
@jerrylee1100 Год назад
I started about a year ago and find junk silver and scrap gold jewelry far below melt value. The scrap gold will be tested and sorted and melted at that karat and sold to jewelers at market plus 10%. Holding on the junk silver and bars. Always take a metals tester when you buy at auctions but good deals there.
@OTKsFIGURES
@OTKsFIGURES 3 года назад
Thanks for all the great info my man! I love my LCS! Best deals. Online I've dealt with JM bullion & APMEX, fast shipping and good price.
@SilverDragons47
@SilverDragons47 3 года назад
you are welcome and those are both top notch as they are the 2 biggest in the nation 👍🏽🔥🐉
@yusefalmutawakil3325
@yusefalmutawakil3325 Год назад
Stored gold and silver coins,in my sock draw for years til the bottom bulged down and I couldn't open the draw
@longisland_stacker631
@longisland_stacker631 3 года назад
Buying silver definetly is an addiction.. with the prices beginning to go up i might start too load up on junk silver
@jrodagormykid9063
@jrodagormykid9063 3 года назад
Thanks, I plan to make my initial junk silver purchase today. I plan to invest at least $150-200 and want to make sure I make the right choice as far as who I buy from. I'll be shopping online bc I live in a pretty remote area but I always research the reputations of online businesses before I spend my $ so I'm hoping it goes well. Is 15x face value pretty acceptable rn? I last heard a junk silver dime ia worth appx. $1.40 so 15x sounds pretty good to me but I know very little of this game. I appreciate the videos!
@icmull
@icmull 2 года назад
Kangas are dope 9999 as opposed to 999. Also, Britannias just look amazing makes you want to be part of the British empire.
@AY-qf4pg
@AY-qf4pg 3 года назад
Also I think that the ping test app is excellent, costs a few dollars and compliments other testing methods. Many government bullions also have security features such as radial lines and micro engravings
@SilverDragons47
@SilverDragons47 3 года назад
yeah I have the ping app but I never use it 🤷🏽‍♂️🔥🐉
@AY-qf4pg
@AY-qf4pg 3 года назад
@@SilverDragons47 fake coins are capable of passing the sigma where a ping test can pick up on it No test is completely full proof except for melting it down 😆
@SilverDragons47
@SilverDragons47 3 года назад
@@AY-qf4pg that x-ray tester though 😉
@johnsanford3596
@johnsanford3596 3 года назад
Ping test relies on having a GOOD known coin of the SAME type.
@thedodgybeaver4896
@thedodgybeaver4896 3 года назад
If your thinking long term, minimum 10oz bars or 1 Kg bar ( Silver ) if you can.
@ryan_B469
@ryan_B469 2 года назад
Though I do agree with you on dollar cost averaging, I disagree with the amount per purchase, I recommend to meet the threshold of 1500 dollars per purchase. #1 reason is there are no taxes above 1500 dollars. # 2 if you cannot save up 1500 dollars, chances are you will end up needing to sell your stack to pay the bills. #3 The larger the purchase the lower per coin cost, this can be substantial, Apmex typical spread is 2 dollars. Right now per 1500 dollars the spread is equal to 4 ounces or 37 ounces per monster box . that's my 2 cents
@Mel-qr3zl
@Mel-qr3zl 3 года назад
Start young. Low premium! Junk silver. Rounds. I agree completely! Thanks! Texas Precious Metals, offers free shipping for all purchases. No minimum, with insurance. Good prices.
@SilverDragons47
@SilverDragons47 3 года назад
nice that is cool of them! MCM also has free shipping on every purchase 🔥🐉
@Mel-qr3zl
@Mel-qr3zl 3 года назад
@@SilverDragons47 I’m glad you reminded me about MCM. I actually had placed two orders last month. I was thinking they both were ordered from MCM. When I got an email confirmation from the one that wasn’t MCM I called to question the shipping cost before I realized what I had done. Thanks again!!
@ikust007
@ikust007 3 года назад
Wow! Merci!!
@SilverDragons47
@SilverDragons47 3 года назад
thanks for watching my friend! 🔥🐉
@ikust007
@ikust007 3 года назад
@@SilverDragons47 Because of you i learn. Again, loved your interview with SilverHolic. Great work you are doing there. I must say that the Comunity is ...Gold (silver, Platinum etc)
@davedkg
@davedkg 3 года назад
First off, love watching your melting videos. I found you as a recommendation by RU-vid from sreetips a few weeks ago. I decided to make a small purchase last week from an online bullion deal and was surprised to find sales tax. I thought I read the laws right for my state. While I know the tax subject is confusing and complicated, I’m wondering if there are clear definitions on what “bullion” means or if it’s subjective by state. I haven’t found any good RU-vid videos that address these definitions and I think a RU-vid video that directly addresses the universal American definitions used in these “laws” would be super helpful.
@SilverDragons47
@SilverDragons47 3 года назад
it’s different from state to state. some states require you to make a large purchase to not have to pay the sales tax. I don’t pay any sales tax in Oregon 🤷🏽‍♂️🔥🐉
@chuckles3079
@chuckles3079 3 года назад
I would never recommend a bank to store my gold. Safety deposit boxes are not FDIC insured, if a bank closes, or brought by another bank, it might take a while to get to your safety deposit box. If the government decides to have a bank holiday, they could essentially take your gold. I would recommend a heavy fire proof safe in a well hidden place in your home. I also have a question. When you go to a new lcs, do you bring a magnet and scale with you and do a ping test? Besides that, great video as usual!
@SilverDragons47
@SilverDragons47 3 года назад
yeah like I said I don’t recommend that either... no I don’t bring anything with me in coin shops. I always test when I get home 🤷🏽‍♂️🔥🐉
@Boxdrunken
@Boxdrunken 3 года назад
Lol considering spot for American Eagles right now are 10$ over spot at my local shops.
@AlansArgentApe
@AlansArgentApe 3 года назад
Same here. Eagles have a collector premium and a shop premium here which puts them in the high 30 range if not 40 per Eagle.
@1dilligaf
@1dilligaf 2 года назад
A dollar over spot I’d buy everything they have up here in Canada we’re looking at anywhere from $8.50 to $10 over spot.
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