Florida Coin Shop & Bullion Dealer Talks Paradigm Shift In Silver & Gold Industry & More!

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Florida Coin Shop & Bullion Dealer Talks Paradigm Shift In Silver & Gold Industry & More! #Trending
Serving central Florida for over 8 years, Vermillion Enterprises is Spring Hill, Florida's premier coin shop and gold dealer. Always buying and always selling coins and precious metals like silver, gold, platinum, palladium, and rhodium.
Give Vermillion Enterprises a call at:
(352) 585-9772
Visit our Spring Hill coin shop, located at:
5324 Spring Hill Drive
Spring Hill, Florida 34606
Monday - Friday: 9AM - 4PM EST
Saturday: 9AM - 2PM EST
Sunday: Closed
To learn more about Vermillion Enterprises visit our website at:
vermillion-ent...
Shop our new online coin shop at:
springhillcoin...
Must Know Formulas For Silver & Gold Stackers:
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Payment Via Cash, Check, Wire, Zelle.
#JunkSilver #Gold #Silver #Cash #VermillionEnterprises #Vermillion #SpringHill #Florida #AmericanGoldEagle #SilverEagle #SilverBar #SilverOunce #Kitco #Apmex #Coin #MorganSilverDollar #SilverDollar #PeaceSilverDollar #Krugerrand #MapleLeaf #Cashforgold #JMBullion #SilverTowne #Engelhard #Platinum #Palladium #Rhodium #NGC #PCGS #ICG #ANACS #Currency #investinyourself #silverstacking #silverstack #goldstacking #coinshop #coincollecting #numismatist #numismatic #investing #investor #ideas #knowledge #recession #inflation #smartmoney

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Опубликовано:

6 окт 2024

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Комментарии : 96

@vermillionenterprises 24 дня назад

Call the shop to place an order.

@joshuarhoades2740 24 дня назад

Cash flow isn't the problem it's the Federal Government! Have a great weekend Brain and Tim.

@davidf3883 24 дня назад

great content! I hope you never have to cut Tim loose. He is a GREAT compliment to you.

@ddprepper5227 24 дня назад

Excellent report thumbs up 👍👍👍👍👍👍👍😎 thank you guys for keeping us up-to-date and all your great sales😊🎉❤

@unknown1_420 24 дня назад

Some great guys, Brian and Tim. Not only did I do well on our trade, but you guys did well also. Silver went up $1.50. Thank you for answering my question Brian.

@silvercobra0923 24 дня назад

SILVER & GOLD..🤩🤩 RUN BABY RUN 🤩🤩 😊

@Johnsmith46392 24 дня назад

Property tax on a rental property went up 32% from last year. Disgusting.

@vermillionenterprises 24 дня назад

Ouch.

@coreyroberge6521 24 дня назад

Americans need to stop this

@Johnsmith46392 24 дня назад

@@coreyroberge6521 I filed a petition but I doubt anything will get changed.

@John-v4o5t 23 дня назад

It's all bs , that's why they increase the value of ones home to increase the property taxes ....... If one owns the home why paying property taxes .......look at the deed where does it say one owns the land the home sits on

@bmiller22765 23 дня назад

And now we know why the democrats want to take our gun. And why would they arm the IRS?

@stevekamitsis1327 24 дня назад

Stavros in panhandle, caught your video and enjoyed it thank you, you are spot on about what's going on in Florida, taxes and insurance just killing us, but so far been able to hold on to my stack. Again you guys are spot on.

@silversleuth007 22 дня назад

Per usual. Honest, straightforward information. No hype. TY for sharing.

@jjpac2011 24 дня назад

thank you for another great session. nice to be in touch with what's really happening out there with regards to impact of PM price rises as well as buyer/seller sentiments. look forward to this every day.

@medhead964 24 дня назад

People are getting crushed by taxes, insurance, AND inflation and energy/gas prices. Wages are not keeping up with the cumulative inflation we've seen. Better to sell metal than rack up interest on credit cards. Question.... Since you've been in this industry for a decent while, can you say historically what happens to the precious metals market when the Fed decides to cut their interest rates?

@vermillionenterprises 24 дня назад

Great question, i used to think so, but we appear to be in the upside down now and no i do not have any faith in historical patterns

@bobsuruncle679 24 дня назад

What do you think? I speculate very soon, not tomorrow but soon, paper dollar no one will want as they are promissory notes from a government that has no business making promises. There will be a government dominant crypto. PM will be trade and barter.

@sharktoothstacker1428 24 дня назад

Great video. Spot price in precious metals is crazy.

@vermillionenterprises 24 дня назад

Thank you for watching.

@learsiyenoham 24 дня назад

Thanks guys!

@a_lol_cat 24 дня назад

When I saw the tax notices start showing up I knew this was coming. Absolutely ruthless right now, fixed income persons really suffering.

@vermillionenterprises 24 дня назад

Long time no talk! Indeed, it is ruthless.

@jbgant8513 24 дня назад

Thanks for another excellent and informative video.

@patchrat1 22 дня назад

Just picked up 5 - 10 ounce bar’s from one of my favorite LCS in Minneapolis Thanks for your updates

@robmathews9611 24 дня назад

Another great video, guys! And I really enjoy the questions and answers!

@susankerr9521 24 дня назад

"TERRY, TAKE THE CAPS OFF!" Priceless.

@colojeeep 24 дня назад

Appreciate the honesty and detail!

@SkywalkerPMs 24 дня назад

Gold on a rip. See what Monday looks like.

@vermillionenterprises 24 дня назад

Thank you for watching.

@HialeahRefugee 24 дня назад

Good morning Lets Go To $2600

@vermillionenterprises 24 дня назад

We'll see what happens. Thank you for watching.

@buyystocks 24 дня назад

$2800 in December. lets goooo

@jasonponto1032 21 день назад

@@buyystocks the dollar is fading like a flower..............

@pierrel9433 24 дня назад

Very interesting explanation about refiners and cash flow. Thanks for sharing!

@ah5836 24 дня назад

Sorry to hear sales have fallen way down. I still try to buy what I can both because I truly believe metals will rise and want them, and also know so many others are struggling and need to find buyers for what they have. Seems like this has been the situation this entire year. Coin shop nearest me seems to be in a real tough pinch, they have taking in a lot of high priced numismatic collections, high grade key date coins, sitting on a massive inventory they can't move. At least bullion can always be moved even if to a refiner.

@mrblue1933 24 дня назад

Great video. Awesome engagement. Kudos Sir.

@vermillionenterprises 24 дня назад

Thank you for watching

@JuanRodriguez-km9hl 24 дня назад

Great show guys

@vermillionenterprises 24 дня назад

Thank you for watching.

@gojustar 24 дня назад

Great Video Guys,, 💥

@kennethsharp9666 22 дня назад

Good information here!

@joshuarhoades2740 24 дня назад

Sounds like a good time to convert silver to gold!

@SM-vg7zl 24 дня назад

You mentioned in a prior update that you’re expecting a ton of junk silver from your suppliers, is that still the case given your pivot to the buying side?

@Wes_Stacks. 24 дня назад

It's a banner day for gold and hot towels baby woohoo

@bobsuruncle679 24 дня назад

Why are people celebrating paying more? The dollar currency we use every day is planned obsolete.

@buyystocks 24 дня назад

@@bobsuruncle679 because I'm 61 and done buying ,been buying for 25 yrs,

@Wes_Stacks. 23 дня назад

@@bobsuruncle679 you're not even my real uncle

@mazdafiero112 24 дня назад

Ahh coffee, gotta love it!

@patrickwoelfel2880 24 дня назад

Question . Do you think refinery pulls vintage or 90% to resell? Or everything into the fire ?

@vermillionenterprises 24 дня назад

right now i know 2 of them are definitely burning them and supplying the mint with the silver so they can make new material

@DavidParish-q1e 24 дня назад

🔥🔥🔥

@bobsilver3983 23 дня назад

I reached my silver "bullion" goal about a year ago. I switched to buying 1970's art bars with designs and rarity that I like. USSC, Death Valley, Madison etc etc

@DaveJohansen-r1o 24 дня назад

Can you post the buy sell for good quality sovereign 1 oz coins. I saw the show where you took in quite a bit,but they disappeared the next day. I am assuming you sold them and that there is demand. I plan in bringing in about 250 in kangaroos, krugerands,and maples. Some are also 1.5 oz polar bears rather than maples. your show. Also will be swapping some silver for eagles and some foreign gold for eagles. Love your show. Andy and his ilk give me the greater picture, but you are the only who gives us holdlers the down and dirty on retail buying and selling. Time to burn some silver. I imagine there are some out there associated with the wholesalers/refiners which are making money off the silver carry trade. Fine with me!!! Just paying some major expenses, which were planned as part of retirement. See you soon.

@kcnthebay1369 24 дня назад

Let's get 35

@ReeferGil 23 дня назад

Great video. Super informative.

@walterford5875 23 дня назад

Your shift is a change across the board in our industry. We have been sending 2-3 loads to the refinery each week at our shop in Myrtle Beach. We are setting up at a show next weekend, and 7 more before the end of the year. I am interested to ask other dealers if they are experiencing the same.

@Prethen 24 дня назад

What's the difference between MELT and SPOT?

@vermillionenterprises 24 дня назад

Please see the following video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-CnPD2QBKhz8.html

@Karim-ik5ij 24 дня назад

Spot - current price of the metal per ounce currently = 30$ per ounce. Melt price is the weight of the precious metal x by the current market price of it. So if a bracelet is 90% gold by weight it is 0.90 x its total weight x current spot price = melt price.

@Prethen 24 дня назад

@@Karim-ik5ij It's just weird to distinguish between both. I fully expect when a dealer says they spot it means on the value of the intrinsic metal content no matter what it is.

@charleswilson6789 24 дня назад

Good video guys

@steveib8118 24 дня назад

Appreciate the advice. I'm getting ready to dump a load PM for real-estate purchase in next month, or 3. I'm sure you'll be hearing from soonish. One question I didn't hear answered. When I'm ready to sell, do you lock in price over phone or is it once you receive? That could really make a difference. If the day I mail it, Silvers @ $30, but you get it 3 days later, it might be $27???

@mysterybuyer3738 21 день назад

Real estate will be a dog. Don't do it!

@11Bravo84 23 дня назад

Lots of good information 👍🏻

@sku32956 22 дня назад

I would say this is a lot to do with prices going up so people are finally cashing out now. Do they need money some obviously do some are just gonna take the profit. until the new price set a foundation at these new higher levels I doubt many people wanting to buy. So you’re having to sell your silver at wholesale prices to the large refineries. This is a good example of people wanting and hoping to get big prices for gold and silver, but guess what it’ll happen im 20:25 balance will happen so the places the small places are getting no buyers only sellers and so they’re gonna spread that’s unfavorable for the small shops and buyers

@TobaccoRowe1960 22 дня назад

I think the artistic composition of your videos has improved a lot over the last year or so. And your oral communications grade has gone up to.

@greeneking77 23 дня назад

What do you buy gold nuggets at? Or how does it work with nuggets?

@Marriage1stGod 24 дня назад

Sounds fair to me

@invokelegend 24 дня назад

Do you buy dental gold?

@fayesmith2430 21 день назад

Do you buy 1950's-1960's Mexican Pesos 72%, 80% Canadian Silver, + US HALFS 40% ???

@MarkJolly-n3d 23 дня назад

What will you NOT send to a refiner and keep?

@bigdogs-29 24 дня назад

I wanna sell my silver to you. I call. We settle on a price AT THAT TIME? But like the business dictates, Vermillion reserves the right to change the buy price. So the SET BUYING price isn’t really set UNTIL the product reaches your doors? How do you notify me of the change of pricing. Do I have the option to say no? I guess what I’m asking is, there simply is no LOCKED IN pricing. And what if spot rises? Will Vermilion adjust the buy pricing UP if Spot rises during the shipping time? Enquiring minds wanna know. Thank you for your transparency. It remains REFRESHING. StackOn!

@vermillionenterprises 24 дня назад

We lock in pricing when the package arrives.

@frankabler 24 дня назад

@@vermillionenterprises If you want to lock-in prices before your items are shipped, then you'll have to go with the big online guys, like APMEX. However, unlike Brian's prices, APMEX's buy-back prices absolutely suck.

@888strummer 23 дня назад

No pull back today. Silver exploding higher and higher. Silver Up 30% year to date now for silver and gold at a record high. The US dollar is sinking, with speculation the Fed might do a half point cut. I don't think they will but many on Wall Street are thinking a half point cut is possible next week.

@anything_goes79 22 дня назад

Brian is freaking out lol

@fhbbi 23 дня назад

Are gold 20 francs coins good to stack for the money?

@andyb8838 22 дня назад

Yep! Just my opinion though..

@valduchimendoza4087 23 дня назад

Bull market in precious metals is just getting started. I would not be selling any precious metals now, unless one needs cash urgently, of course.

@victordelosreyes1157 22 дня назад

I know you don’t sell small quantities over the phone and I don’t know your business but wouldn’t that help on the sales side ?

@victordelosreyes1157 22 дня назад

I mean you have great prices on buying and selling and I would buy consistently from you in smaller quantities but very consistent

@fillibus11 22 дня назад

On payments, can you accept a Western Union Money Order?

@jasonponto1032 21 день назад

selling real money for keeping your materialistic things in 2024 will be a huge Kick in the Ass in 2025 of Regret................

@cathypiscitello3369 23 дня назад

You differentiate from type 1 or type 2 silver eagles? Asking because the premium on both are very different thank you.

@michaelchlebowski8115 23 дня назад

98% is not good, if you end up with zero 2 weeks later. You might as well just say “ pay me when you sell it” lol

@btcbob11392 24 дня назад

I dont understand how anybody can buy gold and or silver at these inflated prices. It's only common sense that these price levels especially gold wont last.

@davidphilips1205 23 дня назад

It took me awhile to get used to this price, but look at what bitcoin did! And gold is (usually) the anti-dollar. It’s probably going higher.

@mysterybuyer3738 21 день назад

I been buying quite a bit of gold lately. I just want to get my gold no matter what. I don't care if it goes down or not. I just want it because it's that important to ditch the dollar. Been buying a boatload of silver too. These prices are actually cheap compared to what you will see.