Great stuff as always Mr. Bean! I am a collector so my mentality is different but it is always good to hear others!! If your viewers are interested, I am giving away a Krugerrand on my channel!
Just sold 2 tubes of ASE’s for $1400…ended up getting some nice bars from BOLD…got 2 Heraeus silver Kilos and for the same price after fees and all…so 64.3oz of silver for 40 American silver eagles…All Day Long Bean!
It is getting more tempting as the stack grows. But thats why I like trading the Silver for Gold. Space. But if you get 50% more Silver than if you got Silver to start with…then do it AGAIN. I think that's a WIN WIN…. WIN WIN??🤔🤩 Enough time and 3 swaps back and forth, someone could double their stack, without spending a dime….or not
Even though the GSR makes sense to buy silver, Gold is cheaper than it's been for a few years (based on my purchase records). 1/4 oz AGE's are going for around $480 now. IMHO, it's still time to stack gold as well. However, silver is a bargain too. The 10 oz RMC bars that were $300+ a few months ago can be had for around $230 now. I'm still stacking both at this point. Thanks SBC…great video!
Well done SBC, but I have a sneaky suspicion that you Capitalised on the quantity and bought a little extra plus I would assume the collector in you Forced your arm on a couple of those stacker bars! 😊😀
I am thinking about a $15k-$20k move from cash into silver. I have ordered from BPM a couple of times for 10oz silver bars, but no orders for the value I am planning to buy.
Do you have any experience with them for higher dollar transactions? I called them (they are in Austin) and I asked if I could drive down and pick up the purchase, but they said that would not be allowed, which kind of tossed up a red flag for me. (I actually got the impression that they do not actually stock a lot of metals, and they typically drop-ship large orders. I am not sure if this is accurate, but it is what the lady alluded to)
My LCS is always cheaper on secondary market silver, but his price to order was almost $500 more than BPM for 80 of the 10oz bars, and over $900 more for 8 of the 100oz bars. (Both Nadir, which I have been stacking)
I have never bought anything online for that price point. (Figuring on 800 oz purchase) so looking for feedback from anyone that has made large'ish buys online and which company's you trusted to fill the order securely and timely.
I think you did a good job. Play the ratio when it works in your favor. Anyone who is heavy on gold should be doing this. I also think bold is Killing it right now.
And believe it or not I’ve had a lot of Dealers turn down Gold bars that’s when I sold them All and started buying Gold coins only! Gold coins and 10oz/ kilo silver bars for me and of course government coins , 90% 👍🏻
Great analysis and detail in this calculation. I have just started buying gold in the last few weeks and have 2 x 1/10, 2 x 1/4 and 2x 1/2oz. This is a new world and new hobby. Thanks to all you guys who make videos on stacking silver and gold!
Based on my calculations, with the sale proceeds of your two Gold pieces, that allowed you about an 80 to 1 exchange for current priced Silver. *CORRECTION* with the back ordered Heraeus bar, it would be a little closer to around 83 1/2 to 1. A great trade if you ask me, because I’m sure you’ll get another opportunity to do a 66 (to 68) to 1 trade back to Gold in the relatively near future. That will net you some free silver added to your stack, or a tad more Gold. OR, you could wait until Gold rises to about 110 to 1, it did just a short time ago (and even higher), and your score can be even better.
Great video I am still getting gold right now since it is on sale . Also I have hit some milestones with silver So I feel good with my silver stack . But gold is on sale 1767 for a 100 corona austrian coin (.9802) random year not a restrike . only 56.99 over spot
This was a great, smart video. I understand what people's been talking about now. This is why, you explained it very well. I enjoy the passion in your convictions.
32 Comments
In 1980, silver was priced higher than today.
Buy Gold!
Great stuff as always Mr. Bean! I am a collector so my mentality is different but it is always good to hear others!! If your viewers are interested, I am giving away a Krugerrand on my channel!
solid shout out ive never heard of this site!
I don’t think 90 to 1 is a good deal needs to be 120 or more.
Silver is going a lot lower now unfortunately.
Just sold 2 tubes of ASE’s for $1400…ended up getting some nice bars from BOLD…got 2 Heraeus silver Kilos and for the same price after fees and all…so 64.3oz of silver for 40 American silver eagles…All Day Long Bean!
It is getting more tempting as the stack grows. But thats why I like trading the Silver for Gold.
Space.
But if you get 50% more Silver than if you got Silver to start with…then do it AGAIN.
I think that's a
WIN
WIN….
WIN
WIN??🤔🤩
Enough time and 3 swaps back and forth, someone could double their stack, without spending a dime….or not
I was checking out the bold herais deal but they dont ship till August i believe it said
What we have to wait 😱
To be continued 😳
Say it ain’t so 😮
Even though the GSR makes sense to buy silver, Gold is cheaper than it's been for a few years (based on my purchase records). 1/4 oz AGE's are going for around $480 now. IMHO, it's still time to stack gold as well. However, silver is a bargain too. The 10 oz RMC bars that were $300+ a few months ago can be had for around $230 now. I'm still stacking both at this point. Thanks SBC…great video!
Great spreadsheets in all your videos. Great deal. Cant wait to see what you decided. I have a good guess.
Well done SBC, but I have a sneaky suspicion that you Capitalised on the quantity and bought a little extra plus I would assume the collector in you Forced your arm on a couple of those stacker bars! 😊😀
I am thinking about a $15k-$20k move from cash into silver. I have ordered from BPM a couple of times for 10oz silver bars, but no orders for the value I am planning to buy.
Do you have any experience with them for higher dollar transactions? I called them (they are in Austin) and I asked if I could drive down and pick up the purchase, but they said that would not be allowed, which kind of tossed up a red flag for me. (I actually got the impression that they do not actually stock a lot of metals, and they typically drop-ship large orders. I am not sure if this is accurate, but it is what the lady alluded to)
My LCS is always cheaper on secondary market silver, but his price to order was almost $500 more than BPM for 80 of the 10oz bars, and over $900 more for 8 of the 100oz bars. (Both Nadir, which I have been stacking)
I have never bought anything online for that price point. (Figuring on 800 oz purchase) so looking for feedback from anyone that has made large'ish buys online and which company's you trusted to fill the order securely and timely.
Thanks
Hey Bean I already know….you got those sexy Germania mint bars 😜
Well done SBC!
I think you did a good job. Play the ratio when it works in your favor. Anyone who is heavy on gold should be doing this. I also think bold is Killing it right now.
Looks like you probably made a killing. I'm looking forward to seeing the results (though I know it's gonna be a while. 👍🏻
Monument has some new sexy 100 oz germania mint bars
Dang! Left us with a cliff hanger ending. 🙂
Me personally I wouldn’t trade gold for silver but you made up pretty good bro! Keep it up bro 😎💪🏻
And believe it or not I’ve had a lot of Dealers turn down Gold bars that’s when I sold them
All and started buying Gold coins only! Gold coins and 10oz/ kilo silver bars for me and of course government coins , 90% 👍🏻
very good sell, I would have done it as well. I also see a dip in metals coming up here, maybe even get more silver for your money, who knows!
Lol 😂 what a jip you’re killing me smalls lol 😂 .
Cool beans brother you did good
Nice buys Bean, will have to check out Bold PM
Great analysis and detail in this calculation.
I have just started buying gold in the last few weeks and have 2 x 1/10, 2 x 1/4 and 2x 1/2oz.
This is a new world and new hobby. Thanks to all you guys who make videos on stacking silver and gold!
I would sell. Especially 90:1.
Good negotiation with dealer and negotiation with yourself using the spreadsheet! Look forward to unboxing.
Based on my calculations, with the sale proceeds of your two Gold pieces, that allowed you about an 80 to 1 exchange for current priced Silver. *CORRECTION* with the back ordered Heraeus bar, it would be a little closer to around 83 1/2 to 1. A great trade if you ask me, because I’m sure you’ll get another opportunity to do a 66 (to 68) to 1 trade back to Gold in the relatively near future. That will net you some free silver added to your stack, or a tad more Gold. OR, you could wait until Gold rises to about 110 to 1, it did just a short time ago (and even higher), and your score can be even better.
Great video I am still getting gold right now since it is on sale . Also I have hit some milestones with silver So I feel good with my silver stack . But gold is on sale 1767 for a 100 corona austrian coin (.9802) random year not a restrike . only 56.99 over spot
You were definitely mentioned. I'll watch now.
This was a great, smart video.
I understand what people's been talking about now.
This is why, you explained it very well. I enjoy the passion in your convictions.
Sadly, after this video was posted, the premium on this 10oz bar was raised. The good deal is gone.