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THIS will put a big damper on the price of silver! (probably) 

Scrapping Adventures
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Hello dear viewers :)
In today's video we will be talking about the very interesting precious metal silver! Silver is one of the most important metals for our economy all around the world, yet the price of physical silver is very low compared to how useful silver is. So today we will talk about aspects of this amazing precious metal, how you can invest in it, if you want to do that.
Silver coins and bars are usually best suited for investment purposes.
Eventhough I like silver and have had a lot of experience over the years, none of this information that I share with you in my videos is financial consulting in any way and you should always do your own research as I'm just stating my opinion.

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14 окт 2024

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Комментарии : 45   
@knivesandgunstv466
@knivesandgunstv466 Год назад
Yeah well, times are tough for the economy and therefore for us too. Let's hope people remember that their brain does in fact still work and they can in fact still use it to solve these very imminent problems, instead of messing around with stuff we can't change. Great video 👍
@scrappingadventures290
@scrappingadventures290 Год назад
Absolutely mate, couldn't have said it better, let's hope for the best. Thanks for watching 👍
@SilverScorpion
@SilverScorpion Год назад
You got those coins at a steal
@scrappingadventures290
@scrappingadventures290 Год назад
Yeah, I got very lucky that the person selling them misspelled the listing, that's why people didn't find them. Thanks for watching 👍
@AnxiousStacker
@AnxiousStacker Год назад
Some really great points for people to think about. I'm hoping for lower and lower prices so I can just keep stacking and holding. I'm not interested in it going to the moon because I'm not interested in selling. I just hope people don't get into this thinking it's going to make them rich tomorrow. If the price does go to the moon I'm afraid of the prices of everything else. We'll be faced with even bigger problems. Great pieces you have there buddy. I only have one Indian head cent and I love it.
@scrappingadventures290
@scrappingadventures290 Год назад
Exactly my way of thinking, I would be so happy if I never had to sell because I would only sell if I had to leave the country I'm in again. Thanks for watching
@johns7371
@johns7371 Год назад
Great video and you made some good, common sense points.
@scrappingadventures290
@scrappingadventures290 Год назад
Thank you, I'm glad you liked it 👍😊
@christopherward207
@christopherward207 Год назад
Until silver is seen for it's monetary value it will never increase in value much regardless of the retail, industrial demand which has increased quite a bit over years with solar-powered energy type equipment which did very little to ramp up silver's price. Silver has performed poorly especially over the last 10 years and people are realizing this and getting out of silver for good, I wish I could be more optimistic thus I am selling my 1100 oz of silver before it's too late.
@scrappingadventures290
@scrappingadventures290 Год назад
Well, if you wish to do that, you can. I won't :)
@gwynedd1
@gwynedd1 Год назад
Keep in mind that silver is typically mined as a byproduct. What that means is a weak word economy will impact silver production because of the fall in the production of the main product. Also, if electrical is the solution there are only two places to go and that is copper and silver. in both cases silver is in strange equilibrium because the thing that is depressing the economy is the same thing affecting the supply and the demand. If that is not all, if the world is going multi-polar , then the rest of the world will not care about that WEF agenda. That leads to the fiat money risk.. The BRICs may just buy up what ever commodities they like. Lastly, who know what the Fed is going to do. Are they going to monetize heaps of debt or are they going go for a depression? That is to say I don't think silver may go up in real terms much, but in nominal terms it may indeed. Fiscal and monetary policy can combine to do who knows what to the $USD up or down. Its rather complex and too complex to call.
@scrappingadventures290
@scrappingadventures290 Год назад
Oh there are a lot of options if you are the most powerful bank on the planet, not just two, so the Fed will do whatever they deem necessary, I don't mind that, I'm buying gold, they can do their fiat stuff. But I think you are right about the production of silver, that might slow down as well and even out the price, we'll see. Well, I don't see why the brics would do that, they are mostly very poor countries and they have all the resources they might need, so why spend the money on that? They might, but if I was sitting on a mountain, I sure as hell wouldn't buy rocks. Thanks for watching 👍
@gwynedd1
@gwynedd1 Год назад
@@scrappingadventures290 Well its just the $USD thing as a financial instrument, meaning is it the instrument to hold vs silver gold what have you. I laugh at the idea of saving the dollar though. Think how happy everyone will be if the dollar goes a lot further ....because everyone has half as many as they used to have or even less. The point is they can manufacture a depression or print money. What has happened is a loss of capital, with supply chains, miscalculated resources into unproductive hands and as you say going lean and "green". So the actual reality of is not going to change. However if they try to print their way out of it then silver will have nominal gains , but that would be a lot better than real losses in fiat However one does not want to be caught in a manufactured depression either. So need to hedge either way, especially in the short term because short term liquidity traps are possible even on the way to inflationary ruin.
@scrappingadventures290
@scrappingadventures290 Год назад
Well you know, I don't bother thinking about stuff like that because I really couldn't care less, to be honest. Wether they decide to go the depressive or inflated route, it would barely affect me as I barely spend any money on living expenses anyways. I produce most of my stuff myself. I'd imagine it would be indeed very annoying for all those folks living in small apartments in the city, yes.
@gwynedd1
@gwynedd1 Год назад
@@scrappingadventures290 Its relevant to the title of this video . What affects the supply and demand of silver and what may impact the nominal price in $USD. For example I think some people became too excited in the past about silver a monetary metal without taking into account the unraveling of the photographic industry which was still ongoing even into the 2010s. . That may actually become a growth industry if digital photography becomes too untrustworthy with deep fakes for example. Its pretty much done unraveling anyway in that case. Whether its relevant to anyone's personal circumstances is of course their business. Like you, I am not keen on depending on crumbling Western institutions either....
@scrappingadventures290
@scrappingadventures290 Год назад
I'm not keen on depending on any institutions or anyone ever, but yes, I get your point, of course things like that are relevant for the price of silver.
@greenturtle83
@greenturtle83 Год назад
V nickle! Cool coin and interesting video. Keep it up!
@scrappingadventures290
@scrappingadventures290 Год назад
Nice, now I have one of those, I guess 😊 Thank you, glad you liked the video 👍
@emmanuelellis4996
@emmanuelellis4996 Год назад
I hope so! I'm gonna buy more!
@scrappingadventures290
@scrappingadventures290 Год назад
Well, me too 👍🙂
@erics2506
@erics2506 Год назад
You scored the peace dollar goes for way more as you know.
@scrappingadventures290
@scrappingadventures290 Год назад
Yeah, that was a lucky deal, usually only get those when people misspell stings so it's very hard to find the listing. Thanks for watching 👍
@PWilliamsCameraGuy
@PWilliamsCameraGuy Год назад
Mercs are my favorite silver coin! i always look at the lines on the bundle of sticks on the back, the more lines the better!
@scrappingadventures290
@scrappingadventures290 Год назад
That's cool, so that would mean mine isn't too bad, as far as condition goes 😃
@jisskk28
@jisskk28 Год назад
If so,backup da truck!!😎
@scrappingadventures290
@scrappingadventures290 Год назад
Indeed, would like to see the same for gold, but that's very unlikely. Thanks for watching 👍 😊
@bobstiger435
@bobstiger435 Год назад
Very well done
@scrappingadventures290
@scrappingadventures290 Год назад
Thank you very much 👍 😊
@williamparsons6073
@williamparsons6073 Год назад
Liberty V Nickel.
@scrappingadventures290
@scrappingadventures290 Год назад
Liberty V Nickle, well isn't that interesting, the things you can find in random coin packages 😅👍
@fahrradfreestylenb7130
@fahrradfreestylenb7130 Год назад
👍👍
@scrappingadventures290
@scrappingadventures290 Год назад
Thank you 👍😊
@M3LTUP
@M3LTUP Год назад
Eggs are $8/12. And the Debt cwiling is about to be raised again. After Congress does the theater. So i think silver could go over $30 in 2023.
@scrappingadventures290
@scrappingadventures290 Год назад
Eggs are 1,99$ for a pack of free ranged 12 over here, that's a weird US thing, I'd say 🙃 Thanks for watching 👍
@hansbass1939
@hansbass1939 Год назад
It's ca
@scrappingadventures290
@scrappingadventures290 Год назад
ca?
@unapologeticallypatriotic3853
It's a v nickle
@unapologeticallypatriotic3853
You done very well on this little haul.
@scrappingadventures290
@scrappingadventures290 Год назад
Very cool, I love old US coins, was very happy to get a buch like this for very little money, they are usually very expensive over here. Thanks for watching 👍😊
@expatgringo7538
@expatgringo7538 Год назад
ITS MANIPULATER BUT IT WILL BREAK OUT
@scrappingadventures290
@scrappingadventures290 Год назад
Maybe :)
@expatgringo7538
@expatgringo7538 Год назад
SILVER IS A HUGE SCAM BUT BUY WHEN BLOOD IN THE STREETS, SILVER IS TANGIBLE
@scrappingadventures290
@scrappingadventures290 Год назад
Okay, sure, I guess :)
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