Coin Shop Owner … People Don’t Want Anymore SILVER! Explained in 5 minutes.

Coin Shop Owner … People Don’t Want Anymore SILVER! Explained in 5 minutes.

I visited my local coin shop today and my jaw dropped open people are Cashing Out silver by the fistful in this video I’m going to show you why the wall silver is hitting has changed the silver plan for everyone involved I watched customer after customer bring in 10 oz bars tubes of silver rounds even a Monster Box to cash out and silver is on a downward trajectory the the spa price is dropping yet people are cashing out this is the opposite of what we see for people to dump their silver like this now I I spoke to my local coin shop dealer and I also was able to speak to a couple of people that were in the shop and what they were telling me is that many of these people bought up silver during the pandemic so they’ve held for about 3 years at most nobody said any more than 3 years right they’ve held for about 3 years they felt like the pandemic was the end of times and they felt really uh uncertain they didn’t like the disruption that was going on and those are feelings that always move people toward precious metals always whenever there’s war whenever there’s some kind of disruption in the economy disruption in the the workforce that’s what moves people into precious metals it gives us a safe store of wealth that’s why we as silver stackers are so steadfast on stacking this this medal that I’m showing you on your screen and as things have eased as the pandemic was over and people have got back to more normal life over these past few years this is the sense I got from talking to people in the coin shop they’re feeling like oh kind of a buyer’s remorse really honestly that’s how that’s what they were portraying to me that it was kind of a buyer remorse and they they’ve been holding on to this bulky metal which really silver is bulky it is maybe if these maybe these were gold stackers they might not be saying this and and if they’re honestly if they’re gold stackers I wouldn’t be so surprised that they’re cashing out because gold has made a big jump but silver is really has not it’s dropping down the price is dropping down it’s not very different from the price we had 3 months ago before this jump so they’re feeling this and they’re cashing out now the other thing that shift that we’re seeing in our silver market is that silver has changed only those with Deep Pockets are buying this is what my coin shop dealer is telling me people are coming in to buy and those people that are buying are not regular stackers like you and I they’re not just working stiffs right who who can put aside you know some money for a few ounces a week maybe maybe some ounces a month maybe a bar those are not the people who are buying the people who are buying are really going in and they’re they’re buying several monster boxes if if you miss my video that I posted last week check out my channel I mean this guy last week when I went into my local Co shop purchased three monster boxes three unbelievable so these are people the people who are buying are really buying in and and they’re getting large amounts of silver not gold I I’m I’m sure you’re like me when you just heard me say three monster boxes I would think if I had that money we’re talking about 50 50,000 $50,000 if I had that money I’d be I’d be picking up gold but people are Buy large amounts of silver they’re buying 10 oz bars of silver they’re buying 5 oz bars of silver in large quantities the the other part that really blew me away was to watch somebody cash out a monster box of silver these are these are American silver eagles check out check out this this clip listen to this guy what about uh what made you want to sell now um for the silver for the I I have nobody to pass it along to that uh has any interest in the so it’s just a nuisance nobody wants to have it so if they don’t want it and I don’t want to have it anymore because I’m running out a storage room we’re downsizing and trying to make life simpler it’s time to give it up I wanted to share that clip because you really get to hear in his voice the the disappointment the feeling that oh what’s the point right I mean it’s really what he’s feeling he’s feeling like he he and this and this guy had held on to this silver for quite some time but now he feels like ah whatever it’s just sitting at my house his kids don’t want it he’s getting older and he’s just cashing it all out he he doesn’t see the point in it and that unfortunately is a bad move to make when silver is dropping down when silver is going down and for those of us who have been stacking silver for years and some of us decades we know that that silver eventually it always moves up always it just it goes up in a in a in a staircase it’ll go up it’ll hover at a point it’ll dip down a little bit but then it’ll eventually jump up again and it’ll hover and jump it it eventually goes up it always every chart that we see for silver shows that it’s a long game and within that long game we don’t cash out when the price drops that’s when we go in

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.

Topics covered:
Often we stack silver and gold by working with a silver dealer but today white collar crime impacts the price. Inflation causes prepper reactions as gas price, oil, gold price are at record levels. Silver stacking price along with spot price makes precious metals a likely investment. Does finance and the economy and interest rates make stocks in the stock market a last resort for hyperinflation? Economic news for mining stocks may be a good financial education and choice; though if you are a constitutional silver stacker then bullion like gold coins and silver bars or even silver rounds offer likely alternatives to central banks. What is a CBDC? Is it part of the FED or is the federal reserve simply a fiat currency? People tell us investing in gold and how to invest in gold but not the best gold coin to buy. Do you wonder about financial education, safe haven assets and where to Buy Gold Coins. Getting started buying gold. The final topic is how to buy gold coins, and which gold coins to buy. Plus, how to invest in gold because buying physical gold requires a beginners guide to buying gold. Arguments about the best place to buy gold coins as well as the best gold coin to buy. For your introduction to gold coins, American Gold Eagle, and of course American Gold Buffalo! YouTubers referenced: Yankee Stacking, Silver Dragons, Silver Slayer, Smart Silver Stacker, and Salivate Metals.
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