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SILVER PRICE SHOCK!! 📈 Dealer Warns What Might Be Next...Are They About to "Change the Rules"?! 

Yankee Stacking
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In this video my bullion dealer discusses the shocking spike in silver spot price and wonders if the COMEX will change the rules on their over-allocated physical silver. Will they require less silver to be on deposit for redemptions? Will the silver spot price be beaten down in the commodities market on Monday? Or will silver hold above $30 an ounce, on its way to $40, or even break its all-time-record high over $50 an ounce?! Tim Marschner of The Coin and Stamp Shop shares what he thinks is likely to happen with the spot price of silver and discusses silver and gold bullion with a line of customers in his local coin shop. He also gets a fascinating visit from a silver stacker from Australia! We also discuss Macquarie Bank in Australia going completely digital with not cash and not checks available in their branches, and I show a shocking clip of President Joe Biden's economic advisor, Jared Bernstein, as he tries in vain to understand the role of currency printing by the federal reserve and how the government sells bonds for deficit spending. Never before has stacking precious metals been as important to do as it is today. Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency. Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation!
Tim Marschner
The Coin and Stamp Shop
300 Granite Street
Manchester, NH 03102
(603) 624-4400
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PREPPING:
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Music By: "Three Little Drummers from the George Washington Show" and "Bugle Feature: Pezel Twist from Warlike Musick" by The United States Army Old Guard: freemusicarchive.org
Music By: tunestogo.net
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#Silver #MoonShot #HoldTheLine

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18 май 2024

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Комментарии : 1 тыс.   
@BullionNow
@BullionNow Месяц назад
Love to see Australia's bullion represented and appreciate the shout out! If anyone else was curious, the micro letter on the 10oz kookaburra is located on the far upper left of the mountain range along the bottom of the coin!
@YankeeStacking
@YankeeStacking Месяц назад
THERE you are. 😂 I was wondering if you’d catch this video. 👌🏼
@BullionNow
@BullionNow Месяц назад
​@@YankeeStackingHiding like the micro letter! 😂
@kevinduveneck1504
@kevinduveneck1504 Месяц назад
I just recently bought some Australian currency with Koala bears on one side and Charles on the other side. I guess they are limiting the minting to 300,000 of them
@evinwhiteson4902
@evinwhiteson4902 Месяц назад
I just sold 500 oz of Australian silver in California. I checked around.No one would give me close to spot. I had to settle for 3.00 under spot for koalas. 1 ounce 2020 coins. But still got spot on my eagles. I got same price for generic silver as koalas. Never again will I pay high premiums on any silver. I will buy generics from now on. Lesson learned
@itsonlyafl3shwound
@itsonlyafl3shwound Месяц назад
Bullion now! Best dealer in Oz! 100%
@adamblythe6837
@adamblythe6837 Месяц назад
The Aussie gentleman was extremely happy to get the silver that he got. Tim is such a great guy.
@Align2u
@Align2u Месяц назад
Bought most of mine in70 and 80s I'm happy to sit back and watch the show
@vincentyeo88
@vincentyeo88 Месяц назад
You mean you'd watched silver price hit $50 in January 1980 and you did nothing! Lol. 🤣
@Align2u
@Align2u Месяц назад
@vincentyeo88 ya it went down before I could count it all
@williamsporing1500
@williamsporing1500 Месяц назад
$178 gold here…
@na9260
@na9260 29 дней назад
I am gonna sit back and watch to brother.
@accidentalhomestead5522
@accidentalhomestead5522 Месяц назад
Forget about the gold to silver ratio and buy both. The math requires the dollar to hyper inflate- we just don’t know how quickly because we are living through it. War is the unknown outlier. Food production is my number one investment advice. Infrastructure around here is #2- fencing, irrigation, out buildings, etc. Gold and silver are on my buy list but down a ways. I do enjoy watching.
@europa3962
@europa3962 Месяц назад
The Comex can't stop this. The Shanghai is showing a 7 to 10% premium. As long as that happens, people will short Comex and then either take physical through the LBMA as an EFP or they will arbitrage it against the Shanghai. The days of the Comex writing 100 paper contracts for every physical ounce is almost over. That is why silver is breaking out. Comex was never designed for physical delivery
@COUNTINGSLURPULA
@COUNTINGSLURPULA Месяц назад
👏 👏 👏 👏 👏 👏 👏
@ManiacalManiac
@ManiacalManiac Месяц назад
This would be a good time for a couple of guys like the Hunt brothers to come in and buy ridiculous amounts of silver to further stress the paper markets.
@catweasel5166
@catweasel5166 Месяц назад
This arbitrage has been happening for months. Every morning the London market opens and the price drops. Sell in China overnight and then wait for the western markets to drop. Buy at the end of the day then sell when the Asian market opens. It’s been an easy 2-3% arbitrage but it will end at some point. London cannot keep fulfilling paper orders.
@rickstalentedtongue910
@rickstalentedtongue910 Месяц назад
Comex was made for fraud, but if people start demanding physical delivery, it will start to fall apart. What percentage needs to ask for delivery to break it? Not sure.
@ratsofatso5525
@ratsofatso5525 Месяц назад
ARBITRAGE!!!!!!!
@hammer23929
@hammer23929 Месяц назад
I just want to say Thank You to Yankee & Tim. My wife & I took a side trip while visiting family in New Hampshire (we're from Michigan) and had a nice visit at the Coin and Stanmp shop just over a week ago. Tim, she loves those post cards. And I forgot to especially thank you for the "2's". Yankee, keep up the wonderful content. I always enjoy watching your videos.
@YankeeStacking
@YankeeStacking Месяц назад
Hi!! So glad to have met you both. 😊👌🏼
@SouTexRoo
@SouTexRoo Месяц назад
OH GEEZ! It hasn't gone up that much that i'd even think about selling any of my silver.
@KentSergent-xe7kx
@KentSergent-xe7kx Месяц назад
I'm still buying despite my newbie-ness...! I'm in it for the long-haul. So, why stop now? (I haven't reached the vested goals, I set for myself, yet!) Besides, 20% of a hundred-grand, now, is pretty far off, despite my past successes....
@jeff-sq4fe
@jeff-sq4fe Месяц назад
yep me too longterm...waiting for $600/ounce
@SouTexRoo
@SouTexRoo Месяц назад
I'm in long term as well. Still buying when I can and plan to make a purchase soon. My second reason is saving for SHTF scenario.
@marceldekker2149
@marceldekker2149 Месяц назад
Longterm Debt 163,8 million a minute 1 trillion debt 100 days Collapse coming closer
@thenewcamelot8873
@thenewcamelot8873 Месяц назад
It's insurance also only sell if need the money or to get some land but always good idea to keep some for insurance for shtf situations
@DerekCarrillo7541
@DerekCarrillo7541 Месяц назад
All of the silver shops and coin dealers around me have no silver and were willing to buy my 100 ounce bars for spot - I feel like that’s a good sign
@jakedaman790
@jakedaman790 Месяц назад
What state?
@DerekCarrillo7541
@DerekCarrillo7541 Месяц назад
@@jakedaman790 Massachusetts . Not sure if that’s why ?
@KaidonSalter4Heisman
@KaidonSalter4Heisman Месяц назад
Taxachussetts
@DerekCarrillo7541
@DerekCarrillo7541 Месяц назад
@@KaidonSalter4Heisman trying to get out 🤡
@davebellamy4867
@davebellamy4867 Месяц назад
Only spot? Do they go below spot? How far?
@sharonpotts8944
@sharonpotts8944 Месяц назад
My mom has been stacking since before I was born and I will be 60 this year.
@44251
@44251 Месяц назад
Dam, that’s gotta be a mountain stack.
@oweunuffin2252
@oweunuffin2252 Месяц назад
❤yay mom
@ratsofatso5525
@ratsofatso5525 Месяц назад
Happy Birthday, Me too.
@tryan7
@tryan7 Месяц назад
Your Mom is very wise. 💰💰💸
@TheMonolake
@TheMonolake Месяц назад
Yu mom single ?
@Handle_number_7
@Handle_number_7 Месяц назад
I don't know what this week is gonna bring, But I ain't selling! When it goes up, I buy less. When it drops I buy more. When it drops a lot, I buy A LOT more. It's a savings account I don't need to touch for 15 - 20 years 🤞 Hoping for a price smash. But I suspect it'll consolidate before another big move. But, anything's possible. Really missing 18 - 20X face for 'junk' silver
@BuildMontage
@BuildMontage Месяц назад
We have a healthy stacking community here in Australia. Remember we are a YUGE producer of Gold as a country as well.
@normangage6953
@normangage6953 Месяц назад
We in the US love Australia. Your gold mining and metal detecting are legendary!
@paulorchard7960
@paulorchard7960 Месяц назад
🇦🇺👍
@syovar1
@syovar1 Месяц назад
We love Australia (from Hawaii). Really glad to hear other countries stack precious metals to offset fiat!
@user-lv5lm9ru8u
@user-lv5lm9ru8u Месяц назад
If you have Irish (Dublin hallmarked) sterling silver, it's worth well above the spot price. If you have Limerick Sterling Silver it's worth 20 times over spot and maybe more depending on the silversmith and condition etc. Please don't melt potentially important historical Sterling Silver without checking.
@user-lv5lm9ru8u
@user-lv5lm9ru8u Месяц назад
Many Sterling Silver marks are difficult to determine and may appear to an uneducated eye unimportant so look out for "STERLING" or "STARLING" with initials for makers often stamped 3 times with no official "Assay" Crown hallmark dating back to 1700's or even earlier.
@chriscolby4578
@chriscolby4578 Месяц назад
What about sterling Han made in Italy
@jonathancollins9431
@jonathancollins9431 Месяц назад
Irish silver value far exceeds its melt value. Always will.
@Bolanboogie10
@Bolanboogie10 Месяц назад
I've got James le Bass (dublin 1830) silver for sale. 357gms. How much is it worth?.
@chriscolby4578
@chriscolby4578 Месяц назад
@Jimjoe12 that's a small amount of silver, I would pay $120 that seems fair. But then again if Irish silver is worth more I could be wrong on that price
@Firehorse40
@Firehorse40 Месяц назад
The need for cash is most evident in disasters. When there is no power, how exactly does one "digital" anything.
@falconmoose5435
@falconmoose5435 Месяц назад
Cash and 90% dimes.
@rickstalentedtongue910
@rickstalentedtongue910 Месяц назад
One doesn't.
@davelevy4394
@davelevy4394 Месяц назад
Solar, generators, backup batteries. That's how.
@edb3877
@edb3877 Месяц назад
Good point. I'll add to that comment by saying that a lot of web sites have been hacked, so what happens if the digital money system is hacked? Nothing good, I'll wager.
@Firehorse40
@Firehorse40 Месяц назад
@davelevy4394 maybe. I see no signs that we are there yet. Not to sound apocalyptic, but we just had a little weather here in Houston, and the sun wasn't very shiny for days. People were crammed into any gas station with lights on. Food, gas, water. If people aren't giving it away, people aren't getting it. I think the flexibility of cash is indispensable, not to mention it is harder for the government control, as fiat as the stuff is...
@MrJagman1987
@MrJagman1987 Месяц назад
I really like the gentleman from Australia! Great Guy!
@aussiegranny8195
@aussiegranny8195 Месяц назад
Nice to hear an Aussie accent and to see our lovely Kookaburra! Our local bullion shop does a roaring trade. Especially among young folk which is good to see!
@bill7778
@bill7778 Месяц назад
The banks aren't going away, they will simply be doing the gov't job of monitoring every single transaction and reporting to big brother.
@edb3877
@edb3877 Месяц назад
While that seems highly likely, such monitoring jobs do not pay nearly as well as banking. Will be interesting to see how they handle the pay cut.
@vincentyeo88
@vincentyeo88 Месяц назад
Big Brother can't track your transaction when you deal in cash.
@FloatingFire358
@FloatingFire358 Месяц назад
Be kind to our Aussie brother ! were all in this together .
@YankeeStacking
@YankeeStacking Месяц назад
Absolutely! 🇦🇺
@TheQuickSilver101
@TheQuickSilver101 Месяц назад
I understand why some folks are selling. Things aren't wonderful in spite of politicians trying to tell us for quite some time that they are. I have no plans on selling any myself, hopefully that doesn't change. It was really interesting to see someone from Australia at Tim's shop. Thanks, Yankee!
@TheBajamin
@TheBajamin Месяц назад
Let me ask, if you’re never going to sell it… why have it? I mean if there’s no reason to ever sell, there’s no reason to hold. And if it’s for kids or whatever. They are just going to dump it the second you die. I’m not disagreeing with holding mind you, just curious.
@TheQuickSilver101
@TheQuickSilver101 Месяц назад
@@TheBajamin I didn't say I was never going to sell my stack, I said I have no plans on doing so. Let me ask... Why does anyone keep a savings account? Do people save planning on just spending the money in that account? I never have. I save for when I need it which for me is emergencies and possibly major asset purchases, like a home. I have sold some in the past when I've needed the cash, that said I don't need the money now so why sell it? If there's no reason for me to sell for the rest of my life I can consider myself pretty fortunate. Why do you assume that my kids would dump it the second I die? You don't know me or my kids and I think that's a big assumption to make. One of the many things I've spent years teaching them is the value of metals. My kids have stacks of their own that they've bought with their own cash. If they need the cash I expect that they'd sell their own first and not wait for me to die
@rekitnilc
@rekitnilc Месяц назад
I greatly enjoyed this video, the gentleman from Australia was a great guest! I have been stacking since 2014 and I have given away a lot of ounces of silver to family and friends in the past 10 years🙂👍
@deniseclaeys8295
@deniseclaeys8295 Месяц назад
The Aussie's glee at trading a 10oz Kook for the 10 oz Pamp proof bar was adorable!
@YankeeStacking
@YankeeStacking Месяц назад
I agree, Denise! 😊👌🏼
@robdog4684
@robdog4684 Месяц назад
Silver and gold are going way higher. Not sure why he wants to sell. Love the channel Yankee…Australia loves Yankee and Tim🇦🇺
@drip369
@drip369 Месяц назад
Paper market: fully unallocated
@sonjamccart1269
@sonjamccart1269 Месяц назад
It that conversation with the Chief Economic advisor real? Seriously. Our country is in the pot.
@phuckyu3383
@phuckyu3383 Месяц назад
It's real. He has ZERO background in economics. I believe his college degree is in arts or humanities? Something like that.
@YankeeStacking
@YankeeStacking Месяц назад
Sadly, all too real!
@blakkat531
@blakkat531 Месяц назад
I’m a retired jeweler. When I was in school, silver was around $2/oz. I did all of my projects and portfolio in fine and sterling depending on the need, while the other apprentices used copper, brass, and nickel. I got a lot of flack for what I did, but now I’m looking pretty smart after all these years., not to mention tarnished silver looks so much better than tarnished copper and brass in my opinion.
@maverick1956hk
@maverick1956hk Месяц назад
People are stupid to be selling their silver now!
@davebellamy4867
@davebellamy4867 Месяц назад
Not necessarily. They might need to pay for something they need. That's using the silver as money. ... Though the last time it broke convincingly over $30 was 2011 before it went to $50.
@akdawg907oli4
@akdawg907oli4 Месяц назад
My ex-wife is having an adderal induced psychotic episode. I suddenly have a lot of attorney bills this parting with a bit of my stack. Not stupid but necessary.
@garyrobinson3735
@garyrobinson3735 Месяц назад
I'm pretty sure it's a good idea to sale. I'm just to chicken to sell.
@z50com
@z50com Месяц назад
Stupid people follow heard mentality, the smart ones are cashing out for HUGE gains. . .I'll be a buyer again once it corrects, a 50% rise in less then 3 months is way too much.
@barnml2006
@barnml2006 Месяц назад
I would'nt sell either, wait until you see signs of a peak. Monday will probably still be a positive day for silver. I can see silver hitting $35 easy next week, maybe even $40. Current administration is to stupid to correct things.
@MrJustinpb
@MrJustinpb Месяц назад
Tim and Yankee have a good Aussie following.
@YankeeStacking
@YankeeStacking Месяц назад
Seems that way!
@arsenalreign
@arsenalreign Месяц назад
$5 move on silver come Monday and gold $75 . Iranian president confirmed dead in helicopter crash
@user-do4wn5pk4j
@user-do4wn5pk4j Месяц назад
$9.00 MOVE ON SPOT SILVER SINCE FEBRUARY 18, 2024.
@pyroteambleiswijk266
@pyroteambleiswijk266 Месяц назад
😂
@moeluv
@moeluv Месяц назад
🍿👀
@coryhilleboe6938
@coryhilleboe6938 Месяц назад
Oh snap.
@AboveAverageMan97
@AboveAverageMan97 Месяц назад
Confirmed Iranian president dead?
@jt-it5ot
@jt-it5ot Месяц назад
Hi Yankee & Tim, i purchased the 1 oz kookabura online & I was charged Tax of $9.76. I bought the each coin from 1 oz,2 oz,10,oz, & 1 kilo I couldn't pass on the offer, the kookaburra's are works of art😊
@joegoedhart1259
@joegoedhart1259 Месяц назад
The premiums in the US seem to be so much more relaxed than here in Australia. I always see Tim selling for a couple of dollars above spot. Over here the mints are the cheapest but $7~$15 over spot it is still expensive. Its like spending a pound to LOSE a penny. Other dealers are selling for up to $30 above spot and still pay only $1 above spot to buy. Silver in Australia benefits the dealers only, not the punters. If I was a stacker, I would find it hard to get excited when silver goes up $4 because it still would not be enough to cover my initial purchase if I was to sell it.
@kevinduveneck1504
@kevinduveneck1504 Месяц назад
Happy to say that with some pressure Wisconsin finally dropped sales tax on precious metals last month
@tlflora
@tlflora Месяц назад
i think nebraska now too!
@wolfpack4672
@wolfpack4672 Месяц назад
I didn't even realize that. Thanks
@kevinduveneck1504
@kevinduveneck1504 Месяц назад
@@wolfpack4672 bought metals from monument metals and had to pay tax...saw that Wis changed the law on I think 4/27 and ordered from SD and Monument since and no sales tax added on either
@wolfpack4672
@wolfpack4672 Месяц назад
@@kevinduveneck1504 I'm in Janesville and haven't been to the LCS since October. I have also made online purchases a few years ago. I'm very glad to hear that you didn't have to pay tax. I hadn't heard
@kevinduveneck1504
@kevinduveneck1504 Месяц назад
​@@tlfloranot sure about Nebraska yet...you can Google "jm bullion Nebraska sales tax" and it will take you directly to a page covering sales tax of precious metals for nebraska
@Eli-qr9hc
@Eli-qr9hc Месяц назад
Crazy Friday. 9:30am 29.50 then 4:30pm 31.50 -2.00 in 7 hrs. You guys together always bring up situations and great info
@edb3877
@edb3877 Месяц назад
What a great and fun video. Love the Aussies. When my father was fighting in the South Pacific in WW-II, he was sent to Australia a couple of times for R&R. He said that the Aussies were the friendliest people on Earth and that the girls were very friendly. 😍 In fact, he almost stayed in Australia when the war ended but decided that his aging parents needed him, so he came home to help them.
@kerrybarnes7289
@kerrybarnes7289 Месяц назад
I live in Australia I dont know anyone who uses Macquarie bank
@nathieboy1987
@nathieboy1987 Месяц назад
I know that Macquarie used to own AMF Bowling Australia (when I worked there) and then they sold it off to Ardent Leisure about 15 years ago (they own DreamWorld) - then when the Dreamworld incident occurred, Ardent Leisure sold off AMF to TimeZone and it was rebranded. Apart from that, I've had no interaction with, or know any who banks with Macquarie.
@davebellamy4867
@davebellamy4867 Месяц назад
This move through $30.00 is very silimar to the move through $30.00 in early 2011 before silver went to 50. Both timesit jumped through 30, from $29 to $32.80 in 2011 for example, in a very few days, maybe 3 days before correcting maybe a dollar or $1.50 and then continuing up on a fairly volatile move to $50 in May 2011.
@TheMostSlyFox
@TheMostSlyFox Месяц назад
Lets hope the premiums on my silver eagles explode too... wouldn't mind gettin 80$+ for them
@dennissilverstein5677
@dennissilverstein5677 Месяц назад
I would be afraid to travel carrying all that silver in fear that it would be confiscated .
@07blackdog
@07blackdog Месяц назад
If any of y'all want to buy my silver... I'M NOT SELLING! LOL.
@stebo-pv2hq
@stebo-pv2hq Месяц назад
lol
@michaelrodriguez3329
@michaelrodriguez3329 Месяц назад
😂😊
@philspd473
@philspd473 Месяц назад
If it hits $40 I'll sell 200 oz and the rest of my stack will be at $0/oz which I'll keep.
@YankeeStacking
@YankeeStacking Месяц назад
😂😂😂
@usptact
@usptact Месяц назад
You will sell once the price will be right, or when in need for cash.
@carlh-thehermitwithwi-fi679
@carlh-thehermitwithwi-fi679 Месяц назад
i am sad to report that i lost all my precious metals and firearms in a tragic boating accident in the Everglades. WE are still in mourning. Please, "thoughts and prayers"
@alan30189
@alan30189 Месяц назад
And tell us why, exactly, you had all your precious metals and firearms in a boat in the Everglades?
@gregchewie3059
@gregchewie3059 Месяц назад
You and I both must have been on the same boat!!! Don't think I'll ever get over it!
@docalexander2853
@docalexander2853 Месяц назад
Sure you did. Jail till you fess up like Trump supporters.
@gregchewie3059
@gregchewie3059 Месяц назад
@@docalexander2853 so you're one of the very few that still back pedo joe bye-den crime syndicate? You are a traitor to our nation also!!
@carlh-thehermitwithwi-fi679
@carlh-thehermitwithwi-fi679 Месяц назад
@@alan30189 this is something called "satire". It makes fun of something. It is a bit dark, however, the idea was to poke a bit of fun at something real. The higher order piece of this is called "humor". Which - in this case is also a bit bleak and dark. Making light of a grim situation has been done for thousands of years, quite successfully. The reason you move to a literal question over a piece of happy fun is: 1. You are a spy, and poorly trying to draw out information for whomever you work for or: 2. You are a Collectivist. They don't have a sense of humor, because it is GROUPTHINK, not "indiviualism...think for myself. The third is that you are just a troll, but i wish not to label you or go there. AS a old friend used to say "lighen up! it's only darkest before it goes pitch black!" (again, this is satire, a component of dark humor....so, another example set.) Have a blessed day!
@conrad4667
@conrad4667 Месяц назад
Three great ambassadors representing both Australia and the United States.
@davidlanham99
@davidlanham99 Месяц назад
Copper hit $5.05/pound. ($.3156/ounce) That makes the silver/copper ratio 100, down from 103. Silver/gold is now 76, from 78. So I buy COPX and their top holdings.
@brawndothethirstmutilator9848
@brawndothethirstmutilator9848 Месяц назад
Copper looking so good. Solid ETF pick. There’s also COPJ for anyone looking for more torque to the physical price.
@AGAUaddict
@AGAUaddict Месяц назад
Traded 72oz of generic silver for a 1oz gold Buff on Friday 👍🤑
@bobbygrace8579
@bobbygrace8579 Месяц назад
Thanks Yankee ! SO look forward to these videos !!
@jerrymeyer565
@jerrymeyer565 Месяц назад
I dont plan on selling silver in exchange for fiat dollars, if I wanted fiat dollars why waste our time with precious metals?
@YankeeStacking
@YankeeStacking Месяц назад
EXACTLY‼️👌🏼
@aperry4313
@aperry4313 Месяц назад
But why, I wonder? commodities can and often are sold to obtain currency in use. If or when I need currency I will sell some of whatever I have "stacked" be it pms, or other things. Of course, I hope to have some to give to kids and grandkids for their future.
@alansmithc6669
@alansmithc6669 Месяц назад
Word! Waiting for the paper to crash
@Sassypants1957
@Sassypants1957 Месяц назад
Yep, every Christmas and birthdays my grandchildren get 4 new silver coins. I want them to be setup for the future. They're young adults, they don't need toys or games. They love the sound of silver!!! 😂
@davidward1259
@davidward1259 Месяц назад
Well on Friday even with the high spot price, SD Bullion notified me of a flash VIP sale, gold Buffalo's at spot and silver ASE at spot. Still buying over here as hard to beat zero premium. I see prices increasing now that the $30 resistance point has been broken hard. As to "change the rules", nothing would surprise me now days. "The Man" has been rigging the game since Roman times
@YankeeStacking
@YankeeStacking Месяц назад
Very cool spot deal indeed! 👊🏼
@edb3877
@edb3877 Месяц назад
@@YankeeStacking It would be IF they offered a choice of an AGE or a Buffalo in the deal. I really like the AGE design. The Buff? Not so much. 😕
@LarsLarsen77
@LarsLarsen77 Месяц назад
It blows my mind every time I pay an insanely high sales tax on U.S. CURRENCY.
@bapi6643
@bapi6643 Месяц назад
Sales tax ? What’s a sales tax ? We don’t have that here in NH
@keithkantrowitz7591
@keithkantrowitz7591 Месяц назад
Ny taxes any gold transaction less than $1000. Tax on money, another good reason to escape NY. Working on just that.
@loraroark3327
@loraroark3327 Месяц назад
It was reported that 45 states now do not put sales tax on silver and gold
@edb3877
@edb3877 Месяц назад
@@keithkantrowitz7591 Right. As if anyone actually needed yet another reason to ditch NY, IL, CT, MA, or California. 🙄
@bapi6643
@bapi6643 Месяц назад
@@keithkantrowitz7591 hmm, tax the little guy, not the big money people. How typical
@DigitalBridge.
@DigitalBridge. Месяц назад
In Florida, they charge you tax on precious metals if it's below $500. I call it a poor tax ;)
@brianstone4302
@brianstone4302 Месяц назад
Exactly,but then again is a man with just over 500. Considered rich?
@jerf5970
@jerf5970 Месяц назад
In MN I just paid 47 dollars tax on a quarter ounce gold eagle a few weeks ago
@Dumps15
@Dumps15 Месяц назад
Take cash to your LCS, most don't charge tax! I don't think I've ever paid tax in person.
@gregspeth7910
@gregspeth7910 Месяц назад
California the poor people tax is $2,000 or less pays 10%
@stellaaparicio3015
@stellaaparicio3015 Месяц назад
In California they tax you if you buy under 2k..
@andysmith5220
@andysmith5220 Месяц назад
For some reason I would love to drive up and visit you both bring my 2 boys and make a vacation about it. Talk to Tim and buy some stuff from him
@brianstone4302
@brianstone4302 Месяц назад
For some reason,I think that supports them both and they would be more than glad to see you.
@philxray666
@philxray666 Месяц назад
One smart Aussie, especially as he's been stacking for just over a year.
@lindab2062
@lindab2062 Месяц назад
Frickin NY . I don't think they will ever cut people a break. You gotta spend $1,000 for no tax. That sucks.
@Demy1970
@Demy1970 Месяц назад
NY sux
@DaveEPie
@DaveEPie Месяц назад
Get a friend/ coworker/ whoever to go down and buy with you to go over the 500. I did that in California when it was 1200 to get it tax free.
@imbonkers3629
@imbonkers3629 Месяц назад
Buy 2nd hand for cash 😊
@robertgarrett7007
@robertgarrett7007 Месяц назад
NY doesn’t have a very good reputation for treating people right. I’m ashamed of the NY government.
@ktaylor9804
@ktaylor9804 Месяц назад
CA is $2,000
@dreamyo5846
@dreamyo5846 Месяц назад
I started stacking last month I have 150 ounces of silver and 1 ounce of gold I was going to buy 150 more ounces on Saturday but I’m waiting till the market opens on Monday and buying Tuesday I don’t mind the price too much as I’m 18 so I have slot of time to dollar cost average my investment but if I keep up 150 ounces a week I think I’ll have a hefty chunk of change when I’m 30
@usptact
@usptact Месяц назад
Q: Which silver does not develop milk spots A: Gold
@YankeeStacking
@YankeeStacking Месяц назад
Or tarnish!
@noamavrahamdudai8306
@noamavrahamdudai8306 Месяц назад
12:25 bullion now...love em.❤
@Chris-yo4ks
@Chris-yo4ks Месяц назад
I'm glad to see people selling silver......it is getting close for my monthly 20oz purchase
@aantosca
@aantosca Месяц назад
This episode had me smiling throughout the entire video. What a delightful person. 5 years from now... Tim enjoying the Australian Grand Prix and Yankee behind the counter.
@phoenixmichaels
@phoenixmichaels Месяц назад
I never once bought gold or silver in the hopes of making a profit. It's an insurance policy and hedge. I don't get excited when silver spikes (like it has today to $32.56), nor do I get dejected when it falls to $20 (though I use that opportunity to buy). It's there for a purpose, and the purpose is not profit. There are many other instruments for that. I stack it and leave it alone. I won't be selling any.
@lindanelson8400
@lindanelson8400 Месяц назад
I'm with you. I stack as a hedge, or worse case scenario, barter. My hope is that when I leave this earth, I will have something with real value to pass down in the family. My US type set, however, is specifically for my personal enjoyment. I'm always looking to upgrade or add to my set. It will go to the family as well, but for now, it's my hobby, and I love it.
@phoenixmichaels
@phoenixmichaels Месяц назад
@@lindanelson8400 See, that's just GREAT. You are doing something meaningful for your family... and get to have fun doing it too! I felt that way buying duplexes and houses in my youth for rentals. I looked at it like a treasure hunt. A lot of work, but I really enjoyed it. Put my kids through college too. Now I too have fun with silver as well. Cheers, and best wishes to you and yours.
@brdphl
@brdphl Месяц назад
⁠@@lindanelson8400this is exactly what I’m doing. Don’t plan on selling any. It’s there for insurance and for daughter after I’m gone.
@libertybell7145
@libertybell7145 Месяц назад
This is exactly what I do too.
@chassisresearchkid
@chassisresearchkid Месяц назад
Fantastic video. Thank you!
@TomokosEnterprize
@TomokosEnterprize Месяц назад
That's been quite the week my friend. My sales stopped dead in their tracks while my holdings went through the roof. A real catch 22 in my world. I am amazed/surprised Tim opend the door for regular buisiness. I don't think it is possible to see Tim rattled about ANYTHING ! Kind of an eye opener to see our troubles are the same as their troubles. What do they say, , , "Misery loves company, LOL". I must say this is the best crawl through RU-vid I have found today. All the best to Tim and you for this crazy spot day. I do wonder what tomorrow will bring. I am sure you will be there to offer us some confidence or consoledences I hope you will, LOL. See you then old friend. With the exchange rate today our silver spot is $49 and change. Hard to swallow that eh.
@aperry4313
@aperry4313 Месяц назад
How does he get the silver/gold through customs? Id be a bit worried about traveling with that.
@SilverStrategist
@SilverStrategist Месяц назад
Ozzie, Ozzie, Ozzie!!! Good to see a fellow compatriot at Tim's 😊
@THECRANKYONE
@THECRANKYONE Месяц назад
Great video Yankee! You and Tim's reach is truly global!! Very nice.Stay safe, shoot straight and keep stackin y'all! 😠👍
@mauimixer6040
@mauimixer6040 Месяц назад
Started stacking 3yrs ago with No idea what I was doing and even paying both tax and $6-10 over spot here on Maui , and that's when it was hitting peak , just for me. But it sure looked like the whole system was ready to collapse at the time, especially after the Selection. Got plenty of real preps 1st though, cause it's hard to fill up the belly with metal, but then I got what I could, which was hard to find. Don't regret anything except the Xtra charges @ the pawn shop (trustable after 30yrs same location).
@RkicF8
@RkicF8 Месяц назад
When silver spikes rules are always changed, Tim is 100% correct.
@RkicF8
@RkicF8 Месяц назад
Silver just hit 32 and rounds are near 40, good luck on the buyback.
@Dumps15
@Dumps15 Месяц назад
To our Australian friend, I love the kangaroo coins! In fact I'm comfortable with all of the Australian stuff!
@Scott-lz3pp
@Scott-lz3pp Месяц назад
You guys are a riot! Funny, intelligent, and full of information to help those who are newer to stacking. Thanks! I am a little depressed to think how many Americans don't understand some of the historical comments that you guys make, but that is their problem. They need to read more, listen more, and talk a bit less.
@1011Shke
@1011Shke Месяц назад
Thanks again Yankee and Tim ! So enjoyable. My bucket list still has a visit to NH and a cup of coffee (or other) with you two fine fellas !!
@Michael-Stacking
@Michael-Stacking Месяц назад
No tax on silver or gold in Ohio.
@edb3877
@edb3877 Месяц назад
Or in Washington state.
@RURALELECTRICBAND
@RURALELECTRICBAND Месяц назад
Red state
@normangage6953
@normangage6953 Месяц назад
To see someone from downunder! Fun guy. Love the trade! You and Tim are a global success Yankee. Keep up the good work.
@nathieboy1987
@nathieboy1987 Месяц назад
We Aussies love Tim and Yankee!! There's been some of us trying to tee up a Yankee & Tim chat with our favourite Aussie dealers at Bullion Now. Maybe this will help get that going 😃
@normangage6953
@normangage6953 Месяц назад
At would be awsome, we in the US love Australia. Anytime we can learn more about your country, especially your metal and coin shops, we are all over that.
@alexroberto6353
@alexroberto6353 Месяц назад
My local coin shop is also in Melbourne.....Florida.
@steventrojanowski3595
@steventrojanowski3595 Месяц назад
It sounds weird like Tim said, “how can you tax money” Which I found myself thinking before as well, but just remember, capital gains tax, income tax, I mean they have death tax, we’re all phukt and upside down
@edb3877
@edb3877 Месяц назад
Yes, can anyone imagine going into a bank or a store, getting 2 10-dollar bills in exchange for a $20 bill and then having to pay a tax on the exchange? It's bizarre!
@budscott1257
@budscott1257 Месяц назад
We shall see! Hoping for the best.
@brokencountry283
@brokencountry283 Месяц назад
I got my sister to buy $1000 of silver today (first timer) and my brother to exchange his paper bullion to metal, and store it in a vault. Tough to do, but they finally listened!!
@Bobbydazzlla
@Bobbydazzlla Месяц назад
The Macquarie bank announcement was only about 3 or 4 days ago. So if that Aussie has been in the U.S. I'm not surprised he hasn't heard about it yet. You guys are really on the ball with your info.
@gregford5991
@gregford5991 Месяц назад
Macquarie bank, isn't one of our main banks in Australia. Macquarie bank without doing any research first is a major bank, that owns other banks. So we are probably banking with them without realising.
@Bobbydazzlla
@Bobbydazzlla Месяц назад
@@gregford5991 I'm in Ballarat, so yeah, I know all about our big 4
@gregford5991
@gregford5991 Месяц назад
Okay, I googled. Macquarie bank isn't a traditional walk in service bank. It's more online, doing home loans and investments. 4 major banks in Australia
@Bobbydazzlla
@Bobbydazzlla Месяц назад
@@gregford5991 I'm an Aussie mate, I do know the big 4 banks
@peecee1384
@peecee1384 Месяц назад
Longer ago than that. Couple of months.
@dpirkl4560
@dpirkl4560 Месяц назад
It's nice to see someone that knowledgeable, come over and be able to express his views.
@tobytheoneandonly
@tobytheoneandonly Месяц назад
So interesting seeing an Australian, silver prices here are $58aud an OZ so already more than he thinks it is. Heading to coin shop here in Melbourne today to stack some more before the price rises any more
@JesusGonzalez-oh1nh
@JesusGonzalez-oh1nh Месяц назад
Small Coin Dealer offer to buy my Silver Bullion & Rounds & Bars, but the problem they try to Low Ball You!!! My response was not for Sale!!! I am holding for the Long Haul & Instead I’ll play the Silver & Gold Ratio in the future!! 🥇🥈🥇I live in California & my Coin Dealers don’t charge Sale”s Tax on Silver & Gold!!! Silver just Hit $32+Ounce on Monday Morning!!! I have Big Stack of Silver Weight!!! 🥈🥈🥈
@ManiacalManiac
@ManiacalManiac Месяц назад
Yeah the same with the tax for some here in MN. How do you tax a currency exchange!? The government thinks we are stupid
@voiceofraisin241
@voiceofraisin241 Месяц назад
Only if you buy more than $1500 worth. Legally
@JesusGonzalez-oh1nh
@JesusGonzalez-oh1nh Месяц назад
@@voiceofraisin241 Honestly speaking it all the depends on the Coin Dealer that’s why you need to build good friendship & trust. My Two Coin Dealers are Awesome!!! I always purchase nice amount of Silver or Gold.
@donausmus4281
@donausmus4281 Месяц назад
The Comex is or will soon be irrelevant.
@thomaschew2191
@thomaschew2191 Месяц назад
We just started stacking silver in January. On the one hand I ask myself why I waited so long? On the other, we just completed a debt pay off journey and put together a 10 month emergency fund in a savings account. We are finally maxing out our 401Ks and making regular purchases in our taxable brokerage account. So the last thing left is metal. And here we are. I'm happy to say that our metals budget comes from excess after required expenses are paid and a decent amount is going to retirement investments. Stacking is fun!
@edb3877
@edb3877 Месяц назад
"Stacking is fun!" Yes, it is, and it is also quite necessary, given the abuses that are heaped upon the fiat debt paper currencies these days.
@harryzero1566
@harryzero1566 Месяц назад
That account of the guy who trashed the goblets resonated with me, a few years ago, I was looking to sell some nice metals for a decent % over spot. It was obvious that the buyer really wanted my stuff but kept stating "gold is gold". So I said OK, I will bring some other stuff that doesn't matter so much to me. I returned with a bunch of bullion duplicates and pliers, asking the same question. Shock ensued before I even started disfiguring the precious metals
@winterwolf2012
@winterwolf2012 Месяц назад
No big deal on silver, when it hits $50, then you can start taking note.
@davelevy4394
@davelevy4394 Месяц назад
The thinking is, now that the 31 dollar glass ceiling has been broken, it paves the way for 40, 50 or more.
@jeffee1933
@jeffee1933 Месяц назад
I will start converting silver to gold when the ratio hits around 40. The ratio in theory could very well drop to 15 but at that point you’re likely to spot Mel Gibson running around in leather pants mad Max style
@SamBlack-xg9oe
@SamBlack-xg9oe Месяц назад
When you hold a beach ball under water and lose control of it. It shoots to the surface quickly. And silver is more like a hot air balloon under water. Not a beach ball. Because of the manipulation downward in price. Manipulation= paper silver.
@jamesdoe3713
@jamesdoe3713 Месяц назад
it will go 20:1 or under. Wait.
@AGAUaddict
@AGAUaddict Месяц назад
20to1, 15 to 1 that's crazy talk. If it gets into low 70s or anywhere in the 60s I'll b playing that ratio 💯
@edb3877
@edb3877 Месяц назад
@@AGAUaddict My approach to this will be to sell in increments of 10-15% as the GSR falls. I'd probably start at 50:1 and make several sales to try to capture the bulk of the upside. If the GSR starts rising above 50:1, I stop selling and hold what I have. The cash from this would go into gold immediately.
@thereignofthezero225
@thereignofthezero225 Месяц назад
That's not Mel Gibson, that's me
@THEDRAGONBOOSTER8
@THEDRAGONBOOSTER8 Месяц назад
Great to see another Aussie .I buy from Bullion now..
@MenGrowingTOWin
@MenGrowingTOWin Месяц назад
Yeah Bullion Now is great here in Melbourne.
@jessicanelson-88
@jessicanelson-88 Месяц назад
I have a friend in Australia and I asked her too and she didn't hear about that either. you have to wonder why we are and they are not.
@kerrybarnes7289
@kerrybarnes7289 Месяц назад
you will never get the right news if you listern to MSM news that is world wide
@michaelk4135
@michaelk4135 Месяц назад
I have to Come Up and see Tim!!!!!!!!!!!!!!! Bucket list!!
@YankeeStacking
@YankeeStacking Месяц назад
YES‼️👌🏼
@scruffyscrubs5468
@scruffyscrubs5468 Месяц назад
Crazy! Silver was holding steady for a long time witth a few bumps here and there. But, boom! Up it went!
@Yourtimeisnow-GG
@Yourtimeisnow-GG Месяц назад
Love, love, love your videos. Especially the ones with Tim. Thank you for your content. From the UK
@StackingSurfer
@StackingSurfer Месяц назад
Great Video. Hard to beat Australia for farthest visit.
@YankeeStacking
@YankeeStacking Месяц назад
True! 😂
@gregford5991
@gregford5991 Месяц назад
Good to see a Aussie on video
@Cotterpin_Doozer
@Cotterpin_Doozer Месяц назад
Bro from Australia had a previous generation $100 note. Newer ones are so much prettier.
@Troublesomenights
@Troublesomenights Месяц назад
The best bullion / pawn store video out there.
@johnharris7244
@johnharris7244 Месяц назад
Bullion now team are great.
@Charles36.
@Charles36. Месяц назад
If it go up will still buy and may sell a tiny tiny bit😂 if it goes down then I will buy a lot more either way I’m buying
@paulholmes1990
@paulholmes1990 Месяц назад
I'm in a Gestapo state, Minnesota. They charge tax on purchases of gold and silver.
@72cmcinc
@72cmcinc Месяц назад
Always a good time with you guys, thanks!
@Caladonia
@Caladonia Месяц назад
Call out to Bullion Now in Melbourne! The BEST bullion dealers in Australia!!! 🙌🙌🙌
@GR19611
@GR19611 Месяц назад
This video will be mentioned in Bullion Now's Friday live stream for sure.
@philxray666
@philxray666 Месяц назад
Nah sorry. Swan Bullion in WA have lower premiums from all I've seen.
@YankeeStacking
@YankeeStacking Месяц назад
Someone share it with them! lol
@willloudner2789
@willloudner2789 Месяц назад
The Aussie guy just started buying last year, and has already sold his gold, "It Did it's Job". I have been stacking Silver for years, just bought some Gold last year,,,, I'm up $400 an Oz and My Gold hasn't begun to do it's Job yet..... Newbies crack me up!
@kerrybarnes7289
@kerrybarnes7289 Месяц назад
peolpe invest for different reasons
@AlexSky7700
@AlexSky7700 Месяц назад
Good job on promoting his business!
@eddiexoc8430
@eddiexoc8430 Месяц назад
Thank you.
@TheSchenscher
@TheSchenscher Месяц назад
as an Australian i knew he was gonna say Bullion now.
@rickolopolus
@rickolopolus Месяц назад
yeah bullionnow i spotted another bag
@jrs2339
@jrs2339 Месяц назад
Thanks for all you do!! Very informative
@bhoward9378
@bhoward9378 Месяц назад
You should definitely interview this Aussie from time to time going forward. It would be very interesting to see how things develop there that may be a precursor of stunts government may try to pull here. Outstanding video!
@doogcat
@doogcat Месяц назад
I think the bull gates have swung open game over both metals are above support levels and good luck with waiting for any major pull backs
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