400 promissory notes vs 1 Troy Oz of silver really brings home the phrase, "if you don't hold it, you don't own it"! 🚀🌙

@user-xk9he3ri9r

16 сағат бұрын

Traders that buy and sell oil futures contracts are well aware that the paper derivatives are not actual barrels of oil. It's the same with silver. Most of the commodities business is about making money trading the paper. Hardly anyone actually stands for delivery.

Silver Dave is the type of neighbor that I want to have!

I'm getting dizzy walking backward around your shop

I feel like I am at sea again.

The Silver Institute does not track silver used in military. The silver cap is, however, so much smaller than other commodities, hence the likelihood of volatility. Dave, instead of making us dizzy by walking around, scan over those beautiful treasures on display.

Also, Please in you have physical gold and silver!!!! PLEASE DO NOT KEEP IT IN A SAFETY DEPOSIT BOX IN A BANK. If the bank closes YOUR SCREWED!!

@emrysmyrddin8279

4 күн бұрын

Same with ETFs and roth accounts, stocks, miners etc. I think it's too early to cash out of everything, but there will come a time when it's too late to do so as you pointed out.

@buffdaddy4673

4 күн бұрын

You think that if the bank closed, you wouldn't get what you had in your safety deposit box back?

@bc_usa

4 күн бұрын

​@@buffdaddy4673I don't trust banks. And I have heard of stories of people losing items mysteriously.

@mattmatt6572

4 күн бұрын

I've never heard of that happening. But I have heard of my great grandfather kept 50k cash in a safety deposit box through the great depression just fine.

@Suasponte-rm8mz

4 күн бұрын

@@buffdaddy4673 No

Once again Dave you really should be sponsored by all the big precious metal dealers. You are the best spokesperson for everything silver. You really enjoy pitching the products you sell . Keep up the great job you do I'll see you soon when i head up north .

@mattmatt6572

4 күн бұрын

Dave sponsors dave

Always a wealth of information Brother Dave. Blessings man.

Who the f is so stupid to buy a paper contract? It's like giving a girl a ring you never knew or seen and would never touch...

@user-xk9he3ri9r

16 сағат бұрын

You buy a paper contract if you think the price of the underlying commodity is going higher so you can sell it to someone else in two weeks for a profit. Storing your wealth in such products would be insane.

I think lead and brass are way more valuable than silver right now.

@robertclark9

4 күн бұрын

I have a pretty good pile of scrap copper, lead, brass, and aluminum as well as my silver and gold. Good idea to hang onto it!

@Travelbythought

4 күн бұрын

@@robertclark9 I think he meant ammo.

@robertclark9

4 күн бұрын

@@Travelbythought. lol it just so happens that my third favorite metal is Pb. When I hear stories of government confiscation of metals, they can have all the Pb they want.

@matthewbyrns-sp8lb

3 күн бұрын

​@Travelbythought actually yes, but all metals will have good value , look at copper $5 pound 10 yrs. ago $1, aluminum is also good , ammo of course, lead brass , all metals to the moon

@robertclark9

3 күн бұрын

@@matthewbyrns-sp8lb Agree. I keep as much valuable scrap as possible on hand. The Chinese have a big appetite for it, and when the price is up I’ll dump some. To make room for more 😂

I am willing to bet there is way way way more gold left in the earth than there is silver.

@chrispaul7849

4 күн бұрын

lmao

@CensoredNotSilent

2 күн бұрын

@@chrispaul7849why is that funny?

The constant walking is bothersome, but the video was excellent. Well done Silver Dave.

you made a great point at the end of being concerned about price now. ALL silver is on sale these days. The days of $30 silver are almost over.

Silver Dave, those tattoos are weakening your immune system.

@mattmatt6572

4 күн бұрын

Dave is a pirate by night where you think he gets all this fine silver arrr

great video, Dave. I love the silver 1/10 rounds

Good pitch for Coin Of The Realm!

20:25 first video I watched just happened to be the crypto/gold. Just getting ready to go to bed and alas another Silver Dave video. Another excellent video, you've taught me well, I knew the 5 points. Please don't forget my 1953 request we talked about the other day. It's getting to be time for a visit. I've watched a lot of other videos, and you are always spot on. Buy physical, buy fractional, and keep stacking. Also keep the great videos coming Ps I miss Silver girl, hahahaha.

Great content as always silver Dave. I hope my channel grows like yours has. Keep on stacking

Thank you so much for all the important information.

You’re right about the paper stuff it’s all backed by promises.

Im so glad you made this video. I get it now because you broke it down better than most. Thank you

My man Dave! Great to see you again!

Love Your Videos & The Content,,In Which Its Delivered Is Priceless...😂 Very Very Insightful & Enlightening.... Keep Putting Out The Videos.. I Look Forward To Seeing Them Everyday!!!

Great Great video!!!!! I subscribed and shares to 5 groups!!!!

Exactly. Dave my sentiments exactly.

Great video Dave. I’ve never stacked as an investment. Although my stack has brought some decent returns lately, that’s not the reason I have it. It’s a hedge against a dollar that is being held up with toothpicks and chewing gum right now. From what I’ve heard, the physical silver ratio to paper is 357-1 right now. When this USD fails, hard assets such as silver will reveal their true value. And that value will be exactly what a seller of goods wants, vs what a silver holder is willing to pay. And the holder will be driving the bus…..

Great video,Dave!

Excellent vid! Thank you Silver Dave!

Gold is at an all time high whilst silver is no where near its all time high More likely silver could go back to it’s all time high than it is for gold to go even higher (percentage wise)

*1st time watcher (and New Subscriber)! Have a few comments/questions:* 1. Love that you have a giant wood carving of Yggdrasil on the wall of your shop! Skol brother! 2. Enjoyed the knowledge of silver that you shared.. I am Brand New to stacking/collecting (or whatever you call it), and I was going to focus more on Gold, but you have made great arguments for Silver as well! 3. Your 1 tube of 1/10th Silver Rounds is only $145.00 (for 35 pieces)! Today on Apmex, the cost of 35 pieces of 1/10th silver rounds is $223.65. *How are your prices that much lower???* (if it is an obvious answer, remember..I'm a newbie LOL). 4. As I said, new to stacking, BUT, not new to KZread. I notice on this video you have no replies/etc. for any of your viewers...(If you do this later, forgive me). Hopefully you do this as well, and it just hasn't been reflected on this video yet. If you don't, then please give it a try; you deserve more subs! 5 Lastly, Keep up the great work, looking forward to your next video. See you then, or see you in Valhalla! ~ Viking Gold

@evipoll8448

4 күн бұрын

Bankers want low silverprices because they go short on silver. Every dollar higher means millions of losses for them. And a bit it may be that people who bought silver for lower prices want or need to sell their silver. Most stackers wouldn't do that.

Great video 👍👍👍👍

This is the best breakdown about silver I've ever herd 👏

I came for the talk about silver, and stayed for Dave's hypnotic body language 😀

@Joel-ym3ij

5 күн бұрын

The ‘Circle the Drain’ constant rotating had me click off. I like hearing all these reasons to stack silver…that I already know. I click because I like being reassured, but this filming technique is not enjoyable. I can’t in good conscience recommend this video to help people understand these fundamental truths about silver when the presentation is so amateur. Silver Dave will figure out his style and settle into a more professional blend.. or maybe I will just accept his insanity like Jeff Williams gold mining videos. 😂

@armymom5974

4 күн бұрын

😂😂😂😂

Hi Dave! Please keep in stock your 1/10th oz silver tubes all summer. I’ll come from far away to buy at least 3 tubes of 35. Thx for the videos you’re the best 😊

Great stuff and ALL great points! But i'm currently addicted to pre-33 gold LOL!

@sailfly2869

4 күн бұрын

So your comment tells me you are a collector first and see the value of this coin versus stackers only see value in spot only. I totally understand your thoughts.

The 4 year silver supply deficit is another reason.

I concur that Silver has a greater potential for higher returns/gains than gold. Having said that, I would say that gold will first rise then Silver and Platinum will rise outrunning gold,

Awesome video, lots of info.

I’m a gold guy, you ask why? Because it’s what I’m going to use for bartering with the Nephilim

@tubesoupio

4 күн бұрын

(googles Nephilim)

@sailfly2869

4 күн бұрын

Nephilim, in the Hebrew Bible (the Christian Old Testament), a group of mysterious beings or people of unusually large size and strength who lived both before and after the Flood.

@ianbrazier3993

4 күн бұрын

Orsome mate they like pretty girls as well

@sailfly2869

4 күн бұрын

@@ianbrazier3993 of course, but a hand in hand is so much more satisfying in times of crisis. You may think differently but for me I have better things to waste my currency or money on.

I trust Biden. He says everything is going to be fine. KIDDING!! FJB.

@chadster7547

6 сағат бұрын

FG-C

My friend bought Nvidia stocks went all in getting profit but not telling or didn't find out about 50% capital gains tax in canada

Great video. But camera man needs to stop moving so much 🤢

Silver shot is answer to the last issue he was talking about. Detachable silver bars are too expensive.

Dave - planning on exchanging the silver for dollars for a transaction is fine. It's not going to devalue 50% overnight. For instance, If you're going to buy a house, the legal contract has to be in dollars. You'd exchange what you need to cover the purchase and then spend the currency. You just don't want to be holding the dollars as savings long-term. If you're thinking of a mad max scenario then I think you'd be better off hoarding ammo, bourbon, chocolate bars and coffee beans for bartering.

❤ informative

One of my fav PM podcasters!

Look how many tons of gold was mined last year over 3000 then look at how much silver was mined 26000 that’s a 1:8.6 ratio that alone should make people wonder why so cheap silver should be like 280. Yea you make it very clear though thank you enjoy the content

silver lining baby🎉

And let us remember that $1.40 face value of 90% is equal to 1 ounce of Pure silver and $.70 of 90% is equal to 1/2 ounce of pure silver and $.35 face value is equal to 1/4 ounce of pure silver.😎

If I sell 10 futures contracts in the morning and buy them back in the afternoon, I think you would count that as 20 contracts. Whereas I would call it zero.

Not if you live in the UK, here all silver deals come with a 20% VAT liability.

The comments here are funny and so is the suspense music and Dave walking around his store over and over 😆🤣😆

I like you and your channel! The music is bearable, but I literally cannot watch the video without feeling sick hahaha I listened though!

Opine, when it really comes to the stage of affairs in society, where Fiat Currency like the USDollar, greenback, becomes worthless and human beings start to barter things to survive ... reckon precious metals, Silver and Gold Coins, would also become worthless. It would better to stockpile; 9mm Ammo, NATO 5.56mm as well as the NATO 7.62 mm Ammo etc. these would be the better bets as a tradeable commodities. Not forgetting painkillers and also antiseptics, also those needed 40% proof liquor/whisky and brandy. etc.

I'd like to learn more about that paper to physical ratio, what it exactly means. Maybe some of the futures contracts are against not necessarily for newly mined silver but silver mined long in the past and brought back onto the market?

Nice store

great show Dave you got me hooked on your channel.

Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

@leojack9090

2 күн бұрын

Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through.

@LucasBenjamin-hv7sk

2 күн бұрын

Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1.3m retirement goal after subsequent investments.

@hasede-lg9hj

2 күн бұрын

@@LucasBenjamin-hv7sk Could you kindly elaborate on the advisor's background and qualifications?

@LucasBenjamin-hv7sk

2 күн бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

@lowcostfresh2266

2 күн бұрын

I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

90% pre 1964 silver coins ,… they are actual American money recognized worldwide , divisible and quantifiable. Dimes, quarters , halves baby !!

🪙 Silver Dave 🪙 👍👍 10/10 👍👍

Thanks for this video. May Lord Jesus bless and increase you. 😊

I get what he is saying but lots of silver people are holding.

Silver is just too bulky for me, makes it impractical. Gold is, on the other hand, too expensive for stacking to be fun for me. With my budget, the ideal would be something in the middle 😢

@sailfly2869

4 күн бұрын

It all depends on how you define and use it. The only alternative is either the fiat currency or plastic or crypto or PMs or other assets

@Pieguy73

4 күн бұрын

You can lug around food

@sailfly2869

4 күн бұрын

@@Pieguy73 yes food is one of the assets that probably will be worth more than any PMs at the worst of times, but how much can one carry when SHTF,when on foot.

@emrysmyrddin8279

4 күн бұрын

Buy platinum. It's way down from being more expensive than gold a decade ago. It's beautiful like silver, and useful in jewelry and technology

@emrysmyrddin8279

4 күн бұрын

Also, platinum price is basically right in the middle of gold/silver

Love your videos!! I've purchased silver in your store. keep up the knowledge sharing! Any chance of a Independence day sale? wow... youtube does not have a USA flag symbol.

@mattmatt6572

4 күн бұрын

🇺🇸

The stock market is on the edge of its cliff and about to see a 15% correction in the SPX and a 18-20% correction in the NDX. It will take Gold back to 2100-2150 and a silver back to 26ish. If these levels are hit I will be buying PSLV and PAAS like a mad man. Already have 60k of Physical Silver from 2018 at 15 per ounce so won’t be buying more.

You know Dave they are selling silver for 12k an ounce. If you take 400 being how many times they have sold that one ounce and you multiply it by spot price 30 dollars you get 12k per ounce is this the real silver price?

Physical precious metals is the true way of being decentralised so long as you dont tell somebody that will do you over😂 wife

Your logic is good but I think what I want to do is trade my silver for the devalued fiat currency to pay off my bank debts. And then use the rest of my silver and gold for barter and trade

@sailfly2869

4 күн бұрын

Make sure all your loans are at a fixed rate, if variable they will readjust as the fiat is devalued.

Are you on a cruise ship?

Joke will continue till it cant anymo...

Please stand still

I own 5 digits of silver. Not 1 ounce of gold

Dobyou know Tim's coin shop in New Hampshire

Why not both.

Good content, but please -- no more background music. Makes it very difficult to pay attention to your narration.

Just always remember one thing, the economy is going to get worse, lets just say you have to sell some metal, to get some money, it would be easier to flip or sell silver then gold. Again i am looking into this on down the way in life. The majority of people will at least give you a decent amount for your silver, but if you wanted to sell some gold they are going to offer you alot less then what you paid for it. So be careful and stick with silver.

And number 6 reason is because you’re a dealer and there is no margins on gold. Of course you love silver, only way dealers can make money. I’d be pitching silver too if I was in your shoes. I’m sure you only make 30-40 bucks off a gold coin.

Dave

That is erroneous information about the Tomahawk missiles. It does not even contain thirty ounces of silver.

@user-xk9he3ri9r

16 сағат бұрын

That 800 ounce number doesn't make any sense. People will believe anything.

❤️🇺🇸

After 2 minutes of watching a goofy guy walking around you will see reason 1 at 2:11

You could have been a schoolteacher. If all fiat currencies fail. At that point i can see silver hit the hundreds. KZread vids in Venezuela on this subject, really shows this.

@sailfly2869

4 күн бұрын

This is when the black market steps in since all the LCS, Pawn Shops, Bullion Banks are probably out of business or dead

Because he mints pieces of things he sells '' '

Andy Schectman diagreed with you

1:29 You have some weird mannerisms talking with your hands.

Just get to the point! It took you over a walk around the store of saying the same thing to start explaining anything

Ditch the annoying background music

CHUCKY!!!

As much as I like Silver and your channel, Silver will never reach a 15 to 1 ratio again. That should not be part of any argument, and is no longer relevant. Horses were used as a main source of transportation for over 1000 years, but that fact will not be relevant today, or in the future. Gold not Silver is stockpiled by Central Banks. Gold is Money. Silver is primarily an Industrial Metal and Industry will attempt to utilize less of it the higher the price goes. Platinum is much more rare than Silver or Gold, but is less than half the value of Gold. Value is not always tied to Geological Rarity. It is tied to demand. Gold is currently in demand, significantly more than Platinum, Palladium, or Silver. This is seen in the erosion of the Platinum and Palladium price and the rise in the Gold price. Silver has rose higher this year based on percentage, but Gold has risen year over year for multiple years (look at the 20 year charts). Gold is the better long-term store of value.

@mysterybuyer3738

23 сағат бұрын

Silver will be worth more than gold. No question about it.

@MinuteManPreciousMetals

23 сағат бұрын

@@mysterybuyer3738 A baseless response is not very convincing…. Where is the why? Why would Silver go 80x and gold not move? I am open minded and will read your argument even if I don’t agree with it.

@mysterybuyer3738

19 сағат бұрын

@@MinuteManPreciousMetals Like he said and like many say, The silver has been spent in industry and gold just gets hoarded. I dont go all in on silver as I have gold and platinum too but I don't see how gold gets its valuation with how much of it there is compared to above ground silver.

15:28. Tree Huger. Don't worry, I'm not using it in the derogatory way that we would describe the self proclaimed "environmentalist" & vet-tri-narians (you know, because they don't eat meat). I'm a tree huger whenever I go harvest a dead tree as a renewable energy source. true tree hugers spend time in the woods and manage a healthy forest.

Don't listen to these idiots stack gold!

SURRENDER TO JESUS AND BUY SILVER

dave, why do you ALWAYS have to tilt your head to the left and the right when being videoed or your picture taken? and now in this video you are constantly turning left and right with each step. you remind me of a turkey walking around. it makes the video hard to watch even though i like your viewpoints being given.

@KT-ki2nv

3 күн бұрын

Yep. Pretty frustrating. I was thinking like a Cockatoo. They walk like this always.

Bro. STOP MOVING

I could only take 30 seconds of you not getting to the point. Good bye.

I'm not sure I like watching you walk in circles. Showing video of some of your pieces would be preferred.

wealth is pareto distributed, and wealthy people and institutions have all the money. they dont want silver. only poor people do. silver is going obsolete as money and industrial demand is a negative, as it is negatively correlated with monetary demand and will crash in a depression.

you know with you continually walking around is really annoying.

The music is unnecessary.

Dude! Your walking in a circle continually is freaking annoying!!!