Silver dealers speak out – they had enough (THIS IS CRAZY)!

Silver dealers speak out – they had enough (THIS IS CRAZY)!

something huge just hit silver and you
won’t see this expressed in the spot
price that we follow every day you won’t
see this by looking up market trends and
charts online I visited a local coin
show yesterday and if you really want to
get your thumb on the pulse of the
silver market you need to attend one of
these local coin shows even if you have
to drive 45 minutes drive an hour you’ve
got to go because this is where you
really understand the mind of the silver
dealer you and I we are silver stackers
this this silver that I’m holding and
showing on my screen we I’m just a
silver stacker I’m not a dealer I don’t
sell anything I don’t sell silver never
I just constantly stack and hoarde
that’s what we do right we’re silver
stackers but when you go to these local
coin shows there’s first there’s at
least at least 50 to 100 dealers in one
room and they all bring their best to
sell that’s fun you get to see some you
know really fancy products but the part
that I love is I get to talk one-on-one
with dealers now unfortunately every
show these days they never allow you to
film I would love to have access I’d
love to be able to bring in just turn on
my iPhone and just record some videos to
show you what these conversations are
like but they’re very strict and nobody
and really it’s just because nobody
wants to be seen in the background of
one of these videos and and nobody wants
to have the world know how much money
they’re spending on bullion I this is a
cash heavy industry we know this so the
part that is really crazy that’s going
on with silver is that I spoke to three
coin dealers three different coin
dealers at this show and all three of
them are planning to retire within the
next within the coming months and
they’re not they’ve said the same thing
they’re not planning to retire because
they physically they feel old and they
just want to go to the beach and look at
the sunset no they all said the same
thing they all told me that they got
into this game they got into being uh
owning their own local coin shop because
they collected coins they collected rare
coins and they wanted to sell rare rare
gold and R rare silver coins and when
they were younger there was a big market
for that and that was a great profession
but now that the market has
changed rare rare gold and rare silver
you don’t find that at a local coin shop
you go online and you purchase it
through an auction whether it’s eBay or
it’s a private auction site that’s how
collectors get their Rare Coins now you
the the local coin shop cannot afford to
keep that inventory they can’t even if
someone comes into their shop and sells
them a rare silver coin or rare gold
coin they will buy it because it’s got
value but they’ll sell it to a
wholesaler they they’re not going to
hold on to it and wait for a a new
missman test like or a care coin
collector to show up and walk into a
local coin Co shop because that that’s
not how the market works now so now
these local coin shops they’re
selling bullion that’s what they do they
get by every day selling silver and gold
and the margins for the coin dealer are
slim which means they’re they’re barely
making any money they’re barely they
used to make a lot of money when when
their inventory consisted of rare gold
and rare silver that was great those
were the Glory Days I’m talking about
the 80s the ’90s those were the Glory
Days and that’s why they in this
profession now specifically these three
dealers that I spoke to all them they
said the same thing they they sell
silver all day the margins are so
minuscule I mean it’s they’re bar you
know they barely make a profit I mean
it’s really nothing so they’re retiring
and it’s sad because they’re not
retiring kind of on a good note you know
they they didn’t get into this to to
sling silver as we say in the the silver
sacking Community they want to sling
silver all day they they got into it
because they were following a different
path and now the market is totally
flipped
and the local coin shop is only selling
silver and now nobody’s going to buy
gold really I mean the the ratio from
people walking through the door to local
coin shop to buy silver compared to
somebody who’s walking to buy gold come
on it’s it’s mainly silver the vast
majority of silver so this Market is
completely flipped and it tells me that
the local coin shop is will not last
much longer on once these guys retire I
mean look at look at the the coin shop
that is if you have one that’s within
driving distance most people don’t even
have one but if you have a local coin
shop within driving distance chances are
very high that it’s an old person who is
like these dealers I’m talking about
they’re about to retire they’ll close
the doors and that shop will be gone and
and you and I as silver snackers we will
be forced to purchase our our bullion
online and that tells me that not only
has the market completely changed for
the dealer the person that that sells
this bullion but it’s changing for us
the the consumer the person that’s
buying it because as the the the mom and
pop gets taken away you and I are silver
stackers we’re forced to follow the
market that is at the whims of a small
few which means the large online bullion
dealers as we look ahead in the coming
years those large online bullion dealers
they’re going to be setting the prices
and that’s going to be a completely
different game for us

Silver stacking is the way to go. There are many ways for us to protect our wealth, many ways to swap out our fiat currency for a tangible asset and silver is the best choice. Just look at the past two decades and you can tell that silver will dramatically rise and increase in value over the coming years. You absolutely can’t go wrong. The smart thing to do is to buy as much silver as you can and stash it away! Don’t touch it … the bullion prices will continue to rise and when you wipe the dust off that silver – in 2055 – you’ll be glad you bought in now!

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Disclaimer: I am not a CPA, lawyer, or financial advisor. I am just a guy that loves to stack precious metals. This video is for your entertainment ONLY. Content in this video may be outdated or inaccurate; it is our responsibility to verify all information. This video is for entertainment purposes ONLY.

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