Gold is officially a "Tier One" asset and unlike USFED notes or bonds - gold is unencumbered, it is no one else's obligation. Yes, stack silver, gold, BTC -sats, fire and fuel!
My expectation is for 2024 that markets starts to broaden out more,” what if the interest rates go up? i have a ton of questions....can I safely invest my $800k? I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement, but don't know where to start.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@@LionTowercoporation I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Colleen Janie Towe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
If you have 800k laying around I'd definitely look into as many options as possible. Silver or gold, stocks, bonds, real estate, business expansion if you have one. food, water, energy independence if you're into that, and talk to the professionals in each area instead of just a wealth management company. Unless you buy at the perfect time, I'd say real estate is a better option over silver.
Just Traded Harry some Mercury Dimes for some Morgans and Peace dollars....Great transaction..Thanks Silver Dragons for introducing us to Harry....He is a very honorable man and runs a great shop.
With everything costing so much more the last couple years, I find it astounding the cost to acquire silver remains flat. Way undervalued! The gold to silver ratio remains above 80 which means the best buy is silver.
Rates might go down but there is going to be a lot of bad sh!t happening this year so I say $29-$30 peak this year on silver. I wouldn't even consider selling before it hits $40+.
I realize this has not been the case historically- but why can’t silver go up above $30 without a world crisis to push it up? Are we saying that silver’s value is only, and always will be below $30?
Silver is now more of an industrial metal then ever before with much more pressure on companies/banks to control it's price. That said, you can see a long term trend line since 2000 where you could see $30+ silver in the 2032-2035 time frame. The problem is as silver gets higher, companies start looking to alternatives and miners start opening up more mines as it becomes more viable. This will put a natural tamper on the price.
@@gregorygreene1940 I can't get past this blanket statement that it is an industrial metal. Everything is tied to supply and demand, the fact that it is being used as industrial, means that the demand will be even higher... as supplies are consumed, then the demand for it rises. So if someone says, it's being consumed more frequently now more than ever. that is counter intuitive to what they are implying. If miners went to mine more, the cost of mining went up. You cannot even mine silver cheaper than $20 today.
@@BegForMyMercy What you have to realize is that the silver supply/demand is largely controlled. The supposed silver shortage is a farce. Large conglomerates and the military industrial complexes hold vast reserves that are used as a buffer. They'll use bullion banks to shift the price back and forth depending on their needs. On the mining side you have a lot of unused lots that are kept dormant for future reserves. For those thinking that the SGE will be any different then the LBMA or COMEX you are kidding yourselves. Do you really believe that the eastern countries aren't controlling their own commodities? Sadly, this is a stacker fantasy.
SD bullion is probably a good firm. You should call and see what they will buy them back for. Then figure the postal cost and then consider buying from an LCS.
I like investment speculation. I love to find treasure, liked it as a kid. Gold is exciting, silver is awesome to find in pocket change. Thanks guys for another nice video. Silver at $26, Gold at $3500.
Great video Silver Dragon. Thank you for another informative video from our favorite Coin Shop owner Harry and the boy's. We look forward to the next one. Hopefully 2024 will bring us all more gold, silver, and happiness! Villa Rica, Ga
Oh, come on now. Making predictions is fun, more than half of the RU-vid channels are based on that alone. We all love to speculate, and we definitely love to share our speculations with each other. That’s how knowledge is spread rumors too, but knowledge as well. It’s fun and from time to time can be informative.
Harry's shop and Silver & Gold Stack Attack channel are my go to's! In 2024 Canada will declare silver as a strategic metal and 2025 the U.S will declare silver as a strategic metal.
@@AlSwearengen4 The implications are unclear as far as price. One could argue in either direction but I lean towards the Uranium model as uranium was $20 a pound just a couple of years ago and today it is around $100 a pound. What makes me nervous is the nationalization angle which could get dicey if that came into play.
ppi down .1 and look for the layoffs and recession. Lead prices dropping as first indicator, copper should be next to roll over. Nothing goes up in price during a recession but gold and silver have gone down less.
In 2005 silver was around 7.00 / oz which struck me as ridiculous compared to gold at the time (64:1 gold to silver ratio). I bought silver. Again I see silver is even more ridiculous compared to Gold. I think it is going up again, hard to see how it can't. The ratio is sitting at 89:1. That is way out of whack compared to the 100's of years trend of 16:1.
Harry God bless you , I am praying to settle in $35 for the year. May the adjustment do to balance , silver should be at $130 an ounce now . Silver is manipulated by paper silver prices . I am praying for a run paper silver that would cause fiscal silver price to rize being a good thing for our economy . Will we see it happen ? I praying pray with me silver goes up by demand not because of a poor or bad economy. I am praying not predicting nothing. I am putting it in the true owners hand , God's will be done. Silver can go up without harming or bring bad for the economy . Before the Chinese virus that is what was happening to our economy in 2018 till the Chinese attract the world in 2019 . Silver was rizing with a very strong bull market 2017 till the attack in 2019 by THE COMMUNIST CHINESE PARTY . THEY WELDED THEIR PEOPLE APPARTMENT DOORS SHUT KILLING THEIR OWN PEOPLE. Dear Father God please protect the World from the Marxist Communist and A.I. THANK YOU FATHER GOD IN THE NAME AND BLOOD OF YESHUA"JESUS" FATHER GOD YOU WILL BE DONE ON EARTH AS IT IS IN HEAVEN A'MEN!&A'MEN! Anybody that agrees with me say your own prayers now, Love you all
It should be evident to everybody, ESPECIALLY God's children, that it wasn't the "Chinese" who attacked the world. China has a "good twin, evil twin", just like the US and many other nations. "China", the evil twin, is just a proxy state run by the same globalist scumbags that run the "US" evil twin. Don't be deceived.
I started stacking when I found out I'd be on disability and can't have more than $2k in my bank account. Several gold coins, silver rounds and bars.... I'd love to see value go up like that.
They will be surprise if they could had look in the future. As of today, Gold is $2,349.10 and Silver is $27.60 an ounce. I enjoy the videos of Harry's Coin Shop and hearing their shop talk of metal / coin collecting and investments. I think Silver will hit over $30 this year.
1-1-23. 24.10 1-1-24. 23.85 We aren’t making money from silver. It’s not an investment. It’s to protect your wealth. I’m gonna spend less on silver this year and put more money into my 401k which earned 11% last year.
True enough, I hope you didn't buy any the year before as you would have lost 20%. If you think there is a recession coming then you can expect 10-20% down. Oh yeah that wasn't even a recession in 2022
Silver should currently be in triple digits for pricing right now. It is heavily manipulated. It going up to $100 wouldn't signal bad things for the economy, but that the price has been suppressed for how bad things have been in the economy for awhile. $600 silver would signal that things are extremely bad.
Where did you get that number? I have researched and a "true" silver mine cost is about 25. Now when you get silver from copper mine it is like getting free money.@@frankabler
I have a feeling that this year, $2k is going to be an average sitting point but also we could see some fluctuations down to low $1900s area within the year, and probably brief highs just under $2200 come the end of the year
Never buy coins at a pawn shop, never get a loan at a coin shop. Funny thing is pawns hops buy soooo much cheaper than LCS you would think they could be super competitive.
I like the used silver bin my guy has ... I buy coins at bullion prices ... just bought 2 maples one a 25 year adversary and a newer one for 35 dollars CANADIAN a piece. The price for maples on his site is 38 dollars CANADIAN and change. I'll buy from the previously enjoyed silver bin all day long. When he does not have used silver I buy Britannia's .
I read Harry's mind about the half pounder round I had one when I first started collecting it was 8 oz Troy I think it was one of thoes American mint products I think silver is hopefully going to hold at a good price around 25 dollars ounce
O wow, what's life without a little Whimsy I guess... Lol... my prediction is that it's going to go up, but 2026 is where we see more gains than the past... Me personally, I still buy silver and gold every month, but I buy more platinum then thoes two... if you look at projections for 2025 and 2026 in platinum, where can I be in pretty deep deficits and supply around that time frame and I don't know if it's going to get any better, but what I do know, it's good for price.... either way, I say around $40 ozt silver, gold 3k ish and platinum 1500 - 2k by EOY 2026 going into 2027..... plus or minus 10% on all these of course..
Question is not so much value of the metal; where do we think collectability will go for those semi's? If the interest continues, the increase in value will grow there versus standard bullion. Also why silver is still my favored metal...Food for thought
Thanks for the education. I assume 6 oz = 1/2 pound is USA only. I live in the UK and had never heard of this. Something to look out for on my next USA visit. That said I will be buying gold only due to the 20% VAT liability if I import Silver, or any other bullion.
All the world around, 6 troy ounces = 1/2 troy lb. (12 troy ounces to a troy lb.) In the USA, as elsewhere, 8 av. ounces = 1//2 av. lb. (16 av. ounces to an av lb.) Just two colliding systems of measurement that unfortunately use the same terms (ounces and pound) for different things. There are also pounds sterling (originally one troy pound (12 troy ounces) of 92.5% (sterling) silver, and, when you get into Chinese coins, you will encounter weights like maces and candareens!
Silver is so cheap compared to the UK. Direct from the royal mint 1oz silver Britannia on its own is. £30.32 so today's exchange rate would make it €39.28 usd
Silver always is an intrinsic value that never varies. It's the fiàt paper that wobbles, desperately flailing as it seeks a value that is only a ghost. Never mingle paper with silver, they exist in separate worlds.
Premiums are a joke here in the UK! Silver is at £17.90 at the minute yet some places still charge £30 for a 1oz round! If you shop around £23 is the cheapest i could find online! Greedy as Feck
The hi tech world needs cheap silver. That is why AG price is suppressed. Gold allowed to rise a little, not critical to industry. BTC allowed to rise alot- probably the next currency.
So jealous seeing your low prices. In Europe we pay so many more as VAT tax, 20% on everything, even strictly bullion grade. Silver is always worth it tho! Just takes you to hold onto it for a long time. Definitely no such thing as a quick return by flipping silver here in Europe, not that that should be the aim anyway.
Do the math let's make it simple 1 oz of gold price $2,050 dollar investment goes up $50 you made $50 same money 82 oz of silver at 25.00 dollars goes up $5 how much did you make 410 dollars on your 2500 investment no brainer by the silver
Question? Silverdragon Can you tell me can a person purchase less than 10K in gold or silver on a daily bases or does it have to be monthly so as to not alarm those in charge of USA. FYI I don’t have that kind of money but no one has ever asked that question. Ty
How come nobody is talking about the COP28 UN meeting agreement to 5x solar??? This cannot be done because of silver...not enough silver! When there is no available silver to buy, silver will be worth hundreds per ounce.
If you know the law and the history, you could always bring in gold dated before 1960. That is why countries friendly to us made "restrike" coins. 1946 2 peso, 1959 5 peso, 1959 1o peso, 1959 20 peso and 1947 50 peso. Also done with Austrian gold thinking 1915 in different size Corona's. This is how someone traded gold in the 60,s and 70,s
I really enjoy seeing the crew at Harry's coin shop. Is there any chance you could post contact info for them so we can contact them for coins? Thanks in advance.
What I always find comical are these ads that your dollars are getting less valuable, but what do the gold peddlers want for their gold, US greenbacks.
Highly unlikely silver will see $30 this year. Silver is like a dormant volcano. Every so many years it erupts. The first time was 1980, the 2nd 2011. So, if history repeats itself, we have 9 more years to go. Also, after it tops, it comes right back down to where it started. The silver futures mrket is good for trading. Not for investing. $25 is also unlikely be tested thiis month of February. But what if it is? IS that a big deal. Nobody will get wealthy at $30 silver.
An epiphany of sorts...In a SHTF scenario, wont precious metals end up losing value as the market becomes flooded with everyone selling them off? Similar to any other hyperinflation scenario?
@@busterbiloxi3833 I do so hope you are correct that mankind has learned from our past; history suggests otherwise. As a species, we are still young and vulnerable to impulses for self-inflicted pain; teenagers really.
