SD next time when you interview any bullion dealer, can you ask them if we were to pay online through our banking, and in the future, if the IRS or any government agencies ask for all bullion dealers to hand over all their records of all their customers , would they comply and do it? I am not sure if I am the only one here that is concerned about it, but I don't buy online for this reason, always shop at local coin store. Ask SD Bullion this especially, cuz they are one of the biggest, I want to hear what they say. If you all reading this wants Silver Dragon to asks this, click the thumb up button to bump up the comment!

@drakopirate

Жыл бұрын

Bumping for interest

@chanceberg832

Жыл бұрын

What do You do when You live in the country? Spend 50.00 on gas to go to the local Coin dealer?

@aml8444

Жыл бұрын

@@chanceberg832yes

Hey SEAN. NICE TO C U ON HERE!!! Thank you for helping me!!!!

He is awesome, glad you got him on. Wanted to add, I was having a tough day a week ago and when I got home and checked my mail I had a sweet surprise, a Silver Dragon Silver Back, I was a winner, perfect timing, fun surprise. Thanks for what you do.

...another great one as usual. I received my Silver Dragons/Silver Back in the mail yesterday. It is wickedly awesome! All of my family members oohed and aahed over it. I ordered a silver and black currency sized picture frame for it. Can't wait to display it! Thank you Silver Dragons & BullionMax for the amazing prize!

@umbrellacorporationwuhanfa3731

Жыл бұрын

Are you from Mass??

Thinks for sharing that. I got my first package this week and you are correct, it's like Christmas in January. Looking forward to more Christmas mornings. 👍

I love Bullion Max. Thanks for the update Silver Dragons. Great info

I enjoy this inside look, it's very insightful. Thanks!

Excellent interview. Great insights!

Good video, and entertaining. Thank You Sir.

Great video for new stackers. Reassurance for veterans. 👍

I'll stack anything but eagles until the US Mint gets their quality control right. They are sloppy AF

@bobstiger435

Жыл бұрын

Bad quality too

@DR-oy9wc

Жыл бұрын

​@@bobstiger435 yeah man. I purchased a reverse proof eagle set back in 2013 I think but the quality was superb. They even gave me several nice display boxes. Makes me nauseous how low the USmint has fallen. I've seen recent gold proofs w obvious errors.

@Kick_Rocks_

Жыл бұрын

The premiums are so out of control.

@livingart2576

Жыл бұрын

Our Britannias have a tendency for milk spots. Shame because it’s a lovely coin

@bobstiger435

Жыл бұрын

@@DR-oy9wc yup pretty pathetic anymore ,whole country getting that way really!!

getting frustrated with the "click words" like EXPOSE !! your channel is one of the best out there .. doesn't need any key words IMHO ... thanks for all your hard work !!

Thanks for the info

Hi there S.D. it's always nice to see Sean on your show. Thanks for all the information.

I love the Krugerrands for some reason. Going to stack some more of them

@chanceberg832

Жыл бұрын

I like Krugerrands it's 1 of my favorites

I am 45 years old and just started stacking silver. I have a mixture of rounds, coins, and bars. I wish I had started doing this years ago.

@CrisRivera_

Жыл бұрын

I'm 42 and just bought my first 50 oz of silver to stack. Your right I wish I did this years ago

@Lolmaro.

8 ай бұрын

I'm 28 and just started stacking silver and gold, I got my mom to buy some too 😁👌

dealing with a reputable coin dealer is the best bet for buying and selling.

I don't always buy the high premium coins, but when I do I buy Maples, Brittania and going forward maybe philharmonic.

I walk into a dealer with cash and walk out with silver. Best method. I don't like shipping which equals an extra premium .

Great talk

bullion max is extremely high on silver, my lcs is only 2.50 over spot. what is with the high premiums with online dealers? they should be cheaper than a brick and mortor store.

Big like number 684! Excellent video and thank you so much for sharing!

Every time I have checked Bullion Max they have always had the highest premiums

@coctailer

Жыл бұрын

Ya, they are the most expensive I think

@timothysmith3158

Жыл бұрын

@@coctailer The Dragon should likely unhitch his wagon from these guys.

@DR-oy9wc

Жыл бұрын

SD and Hero Bullion are more affordable

@thomasmccollum4124

Жыл бұрын

@@DR-oy9wc monument metals and bullion exchange are where I find most of my deals

@kratostomatoes8587

Жыл бұрын

Agreed. Bullion Max is pricey.

Interesting content. Is it still advisable to leave idle money in a savings account at an average interest rate of 0.85%? I want a better way to diversify my portfolio and with current inflation, crypto gain taxes are no joke. I also have to ask, due to the current crash in stock prices, housing, and the financial market in general, I would like to know the most efficient way to make my money work for me without falling due to market fluctuations as we are in a bear market. Any tips?

@mondior5566

Жыл бұрын

I've been thinking about the market for a year now and most people wouldn't know what to do because this is their first bear market, after hitting an all-time high, it would be so sad but then have you tried contracting a cfa to establish a diversification plan? Basically, I just made my first $100,000 in a time of high Fed pivots, you should consider investing in mutual funds like Vanguard, Schwabs, or Fidelity. Crypto is also good because the returns are quite high, but to be on the safe side. Choose stock-based mutual funds

@mikemike1200

Жыл бұрын

@@mondior5566 i should retire in a few months, so any tip would be nice, and yes i have also tried to get a cfa but it is hard to find one that truly grasps the entirety of the different sectors, i am very open minded plus if i can't have it all then there is no point, if you get what I mean

@mondior5566

Жыл бұрын

@@mikemike1200 sure it took a while to find the right cfa for me but it has been up from there honestly, my cfa has been great so all my profit margin success is just honestly him

@mikemike1200

Жыл бұрын

@@mondior5566 That must be nice, after all these past months I have lost over £103k I need to get to your cfa, I really need a good diversification option right now and I would appreciate it so much

@mikemike1200

Жыл бұрын

@@mondior5566 I can't place where I heard that name, but I’m sure it is familiar, I have been hesitant because of the bear market and crypto tax in my country, I did this last year, only to miss out on a lot of good projects and I wouldn’t be happy if I repeat that same mistake. so you can understand my haste. I got a little more than £127k in my HYSA(Savings Account), I know it needs proper management cause I need my money to work for me, I can’t just have money sitting there for nothing.

Just did a quick comparison. SD bullion was a little cheaper on rounds.

@zmattman1

Жыл бұрын

Ck SD's price on Britannia's. Comparable to rounds

@vaughna8702

Жыл бұрын

Their mailing process doesn’t impress me. Not safe in my opinion. Now if they would mail my order in a box 📦 that would change my mind about them, otherwise they are sufficient in quality, etc.

Love the perth mint lunar series!!! Their platinum series are 5k mintage only!!

Well I'm one of those that don't have a coin store in the town I live in. The nearest one is an hour and a half away. So my only option is bullion dealers. I haven't ordered from Bullion Max yet. I did win one of the Silver Dragon silver backs. It is beautiful!!! I've been looking at bullion max lately I may pull the trigger next time I buy. Great video, great information. Thanks. Keep on stacking brother!!!

Been using Golden State Mint for a while. Never had any issues

BMX was crazy fast with my orders, even with a new ACH as a first buyer there, during Christmas rush. I like my Silverback, too. My spouse always looks a bit angry when I get a "surprise gift" in the mail. But she knows I'm buying money instead of trash.

@americanpatriot6918

Жыл бұрын

What is the ACH payment? I don't know what that stands for. 🤔

Isn't it odd that when silver was around $17 per oz that Eagle premiums were such that the per coin price was $34. Now that spot is $24ish the per coin price is still $34? Market manipulation???

@davidhimmelfahrt3732

Жыл бұрын

Yes it is market manipulatuon

@Kick_Rocks_

Жыл бұрын

Where are you seeing ASEs at 34? Cause I’ve only seen them recently at or around $40

My local coin shop wanted 6 bucks an oz on silver spot prices the other day. It didn't matter if it was generic poor's of any size, bars of any size or buffalo rounds, anything else was 10 to 13 bucks an oz over spot. Is this normal?

Perth mint lunar series by far One of my favorite I have every single one so far to date 1 oz

Silver Dragon, I've learned alot from you. Thank you for doing your channel!

@davidarmstrong7628

Жыл бұрын

Why is he pushing the silver coins with the queen? She was a practicing SATANIST that ate children.

You don’t get the premiums back from minted coins so may as well go for cheapest silver possible.

Hey S.D. just wanted to shout out bullionmax and yourself and say thanks just got my Silverback from the giveaway. So amazing, thank you so much bullionmax!!!

I sold off 100 Maples , Philharmonic, Roos and Elephants , along with some silver rounds last week. I travel from central to south Florida every week so I called 20 coin shops including some I’ve patronized for years….You get the same amount upon LCS buyback for low premium coins as low premium rounds…The best silver to buy is the least expensive 1 oz rounds in tubes. However selling to a fellow stacker (which I did) you at least get a retail premium , and your coins are more desirable than rounds.

The premiums on the solve regales discourage me from buying smh.

I recently added some Krugerands to my stack and noticed that they say fine silver but no 9’s

In the first two months of the year, my money increased from a quarter of a million to a million dollars, all because of a trustworthy broker that reputable stock market sharks suggested to me. You may diversify at any age, so start now.

@robertwildlife

Жыл бұрын

@@chloepeters6584 Look her up online under the name "Annette Michelle Walters".

@philipsmicrosoft

Жыл бұрын

Annette is the best person to go to if you want to invest in stocks; since she started investing for me and started with 600k, my stock portfolio has grown to around $6 million. Working with the correct group or individual is the key to every successful journey.

Good advice. Good interview!

I guess I won one of the Silverbacks from BMX received yesterday! They are so purty

Just thought I'd put this up. The A E's are being counterfeited out the butt. I got my first one's Nov. 22. Weight was spot on, not magnetic, Reed was missing at the sun too. Diameter was off just a tad , thickness too so I tested my calipers on a burnished from the mint. Would not pass ping test. What caught my eye on my fakes was the sun's small ray at 9 o'clock was missing on every one. I got my money back and did not have to return the fakes. They were not cheap either, . Watch out who you buy from!😛😛

@bamahama707

Жыл бұрын

Who did you buy your AE from?

@drewmcclintock7034

Жыл бұрын

Must have purchased from Ebay

All the coins stores around my area are making margins on both sides. They sell for a premium, and buy below spot regardless of the coin. It's frustrating....

I got the whole set of American shields Shakra ! bought them 6yrs ago ! they have gone up !

Never thought I'd see any other site be higher than Apmex, but BillionMax certainly takes the crown now, absolutely overpriced more than any site or LCS I have seen. Pathetic, especially coming off the silver lows and high premiums we just experienced the last couple of months. They should have their ish in order. $30 buffalo rounds is terrible, absolutely terrible!

I have a coin shop a mile up the road from my home. I have been buying silver rounds for $2.00 over spot and maples and eagles at $29.00 for 1ounce coins. Is this a decent deal?

@Lolmaro.

8 ай бұрын

2$ over spot is good imo

I always buy a coin over a round I have lot coins not one bar a few rounds because I thought they nice pocket coin to carry like silver

Is shipping guaranteed to Japan? I would hate to drop a couple thousand dollars and have a no-show package.

Only buy sovereign silver coins when there’s a special deal. Some companies buy back silver and gold and pay the insurance and shipping

We may be entering a period where the liquidity of our metals should be under greater scrutiny. Also allocate by weight rather by USD matrices. Your silver portfolio should be that equal or above the GSR in order to establish maneuverability within the physical market. (Suggestion)

@lostblizzard3450

Жыл бұрын

How does one equal or go above the gsr?

@jimco1198

Жыл бұрын

For us dummies what exactly do you mean? 80 oz. Silver 1 oz. Gold?

@bobbyagee3796

Жыл бұрын

The gold to silver ratio GSR based on or by market value (not out of ground) is basically how much one product is paired to another (in this ounces of silver to a single ounce of gold). As of today 3/27/23 the GSR is about 85:1 (84.9 I rounded up). So for every 85 troy ounces of silver it is equal to a single troy ounce of gold. If you have for example 120ozt of silver, you are ahead of the GSR by 35ozt (one kilo). Which you could possibly allocate another half ounce of gold and have 3ozt of silver remaining.

@jimco1198

Жыл бұрын

@bobbyagee3796 Thanks for the information. If I understand you correctly, I can figure out the GSR by dividing the price of gold by the price of silver, and this is the GSR?

I remember ordering some silver Brits online and the package was accidentally sent to my next door neighbor instead. Fortunately, my neighbor knew the package wasn't his so he delivered it to me in person. I mostly blame the postal service carrier since USPS is crap in my area, but I never have this issue with UPS or the other carriers. This is why I usually prefer to buy PMs in the shop imo😄

@davemi00

Жыл бұрын

Crap delivery in Metro Detroit Area too.

@EshhhaBenjamite

Жыл бұрын

Wow! The same happened to me. I literally had to call USPS and they found the carrier and sent him back to my building (NYC). He was defending his job and believed he did everything right UNTIL he opened the mailbox... Low and behold he gave it to my neighbor (She stole another package from me and when i knocked on her door she handed me my package😐). May have to go in person as well. 😏

@eyeswideopen866

Жыл бұрын

USPS is CRAP everywhere!

@giampieroilbello5373

Жыл бұрын

@@EshhhaBenjamite is that neighbour african-american by any chance?

Love lunar collection

Darn premiums, I like 10z bars.

My LCS will buy Kilos and 100oz silver bars all day every day. Milk spots will render any coin to spot price.

I started off buying 1kilo silver bars and then switched to buying rounds.

Nice video sd!

Interesting I did have a look at bullion max nit much stock and the premiums are at the highest level I’ve seen

This dragon is sort of cool I watch others pour silver into whatever this dragon would look coin on a coin, do you have it? If not if you showed us pouring it and offering well I bet you could not keep up with supply yet it is a quick cash dump I would buy it. When I look at silver content creators merch it is usually cups and t-shirt heck I want coins

I love my online bouillon dealer.. I tell them what I want and they send it to me on a payment plan for zero extra cost. I have gotten 1000 dollar plus coin without any payment made. At the same time I always pay fast and I have been with them for a couple of years now. It's almost as a personal relationship as I have with my lcs but my last wants all the money at one time.

I just started buying silver and have done it through a reputable dealer on ebay cause of the price diference on their web site, but also started to see silver and gold being sold on tiktok and at much lower prices ( 2-3 dollars over spot) has anybody bought on tiktok please chare your comments

What about discretion on my purchases.. Let's say,I buy $500 of lower premium silver.. I don't want anyone to know what that $500 purchased.. How does it show up on my statement

Keep hearing this advice about the big bars. So, why should we "Keep stacking" if the LCS can't handle buying back 1 kilo? And I'm supposed to believe that they'll buy back more than they have to, to maintain the facade? Someone show me this big silver sale back to the LCS. Let me see them buy 100 Silver Eagles back for over spot. I don't think it will happen. Drive far to the next one, they almost certainly warn and coach each other about shoppers. Car dealers do. I know.

What does he mean premium that starts with a 4

The Margin on the One ounce silver kangaroo coin is in excess of 20 % , a bit much ! On a Canadian silver coin as much as 40 % plus and when you sell , well you get the spot price less the 5 % or so Margin , one will have to wait for a 50% jump before to break even , Sad !

Eagles have high premiums, only because people will pay it. I’m done with it until premiums come down, meaning people refuse to pay it. That may mean that I’m done, period. I have plenty... would like more, but not at that premium.

Why is there only 1 dragon in your logo... That's not dragonS

Did y'all miss that? I call BS! You agree that the premium on Eagles starts at $2.35 at the Mint. And the we jump to "our price is $17.50 but we don't make anything on that" and you don't explain?? If you don't make anything, whotf does? Hey SD, please ask the hard questions! Shipping, middlemen, codb, all apply to every product! C'mon Man! Tell us where the other $15 go ON EVERY COIN.!

@stephennixon6600

Жыл бұрын

Yeah, I caught that one also.

I stack all silver and all gold. I do not discriminate

I found it is cheaper to buy from a legit coin dealer but through eBay there is no shipping charge! Which is a big deal it adds too much to your purchase and eBay has no shipping but only the legit coin shops!

I just started about a year ago I love all silver coins they are fun to collect and it’s addictive but I only buy the cheapest which is usually maple leafs

I was stacking American Silver Eagles but then the premium got too high. I would have had to wait too long for silver appreciation to break even. This year I am building my rounds because to sell my LCS pays spot for a round and only pays one dollar over spot for the Silver Eagles. Why am I going to pay nearly $17 over spot only to get a dollar back?

@drewmcclintock7034

Жыл бұрын

8.95$ premium is what bold is charging for ASE

@stephennixon6600

Жыл бұрын

@@drewmcclintock7034 Hero is currently $8.29 over spot on 2023 ASE.

A lot of people saying silver premiums are going down and that there's no silver shortage

@davidhimmelfahrt3732

Жыл бұрын

Are the premiums going down though?

@ambermichealshotkinkyjo15

Жыл бұрын

@@davidhimmelfahrt3732 that's y I'm asking both questions to the ppl that supposed to know

@tommystacker3286

Жыл бұрын

Premiums are coming down. Coin show in Ohio today- 1oz gold maple-3.8% ASE- $32 Rounds- $27 90%- 19x No silver shortage in Ohio.

What is premium?

@stephennixon6600

Жыл бұрын

Premium is the term used for the amount over spot price the dealer sells to you for.

This was just a commercial for this guy’s store…..

Check out Celtic Gold. Good prices, very honest, arrives within 7 days. I'm new to stacking. Someone recommended Celtic Gold to me. As far as I can see, they are the lowest price on coins.

@davidhimmelfahrt3732

Жыл бұрын

Lower than Hero Bullion?

Only one tube of eagles, Constitutional, 1,10 kilo & 100s. Morgs & old numismatics the most.

Bullion max, SD, JM and Apmex are the most expensive. Bold, Monument, Hero and BE are much less expensive.

@stephennixon6600

Жыл бұрын

When I first started SD was in that list of less expensive, but in the last year or so, you are correct they have moved up into the more expensive group.

The red flag lied about the perth mint gold they bought i think they trying to pull their strong hold tactics on perth mint it was top quality

The best silver to stack is yellow and looks like gold...

I love eagles and maple leafs and Britannia's and anything Perth mint and philharmonix and kangaroos and Buffalo's and alot of the fun stuff....If it's silver or gold I like it!

If you live in the UK then buying silver is not a great idea. All bullion deals except Gold that is legal tender are subject to VAT and/or Capital Gains Tax. I'm buying Gold Britannias. If the price at around £1600 each is a problem then consider Sovereigns.

I never buy generic

Bullionmax has rhe highest prices of any online dealer

Great video. I wasn't born yesterday. The on-line dealers make plenty of money on premiums. Of course, some will gaslight you into thinking that they do not. You will never get the premiums that the dealers get, when you sell your own metals back. It is a shame really.

Big EXPOSURE!

This sounds like an advertising showcase

Can't go wrong with Buffalos

Guys, Here is what you do when you decide to Liquidate your silver. YOU BECOME A DEALER and SELL IT .25 cents less than the market. Set up a website, sell it as a business! Its easy.

I usually prefer to buy 10oz or 100oz bars. But I have purchased a significant amount of 1oz Silver Eagles and silver rounds. Shop around and find a local coin shop or Bullion dealer: not shipping, not insurance.

On metals IRS wants capital gains paid (or loss~up to 3k ea year), shouldn't that also be allowed on US Dollar bill?! lol. Refund me, promise I'll spend it (help out that GNP). They'd prob cap at 3k too, so no big help this year (not a 'refundable' credit, just reduces amt taxes are based on). No big refunds (for the working poor anyway...) 😄

I had a great experience buying from Bullion Max!

Silver is silver, an ounce is an ounce, Your paying for the stamp on it.

Whaaaat? Right off the bat this guy has it wrong. Larger silver bars always have lower premiums than one ounce rounds. 🙄

Not seeing any silver rounds with .9999 . All I see are .999

I checked out bullying Max prices too high

No More Eagles. Too expensive. I do not like the design anyway.

Bullion max is always out of stock of dam near everything. Been checking for the past 2 months and always says out of stock on 90% of all of their stuff. I never have this problem with SD Bullion or Money Metals Exchange. I’ll pay a premium with them because they always have product in stock.

Maples all the way, no milk spots

ACH is awesome, but I won't use Plaid, they want your bank acct password, that's a big red flag in my book!

@MsEggink

Жыл бұрын

SD Bullion wants the same for e-checks.. use Plaid to process and that includes giving them your cking acct password (I don't have prob w/ acct # & routing #). Called my bank (is a large banking syst), they said they don't 'honor' them. I take that as a do at your own risk, you want to give out your password your on your own. Otherwise any fraud on my accts they are good at handling. So, NO! I do think they (Plaid) handled a verification of acct somewhere else (they deposit two small amounts, you verify the amounts and then they reverse/take back the amounts and your verified). No prob doing that either (have several times over the years [Ebay for one]).

@MsEggink

Жыл бұрын

Looks like Chase bank won't honor either (per note on SD B site).

One has to wonder could it be that the powers that be are or could be behind some of this as the last thing that these people want is for lots of people to be diching there £/$ or whatever money they use I just do not trust anyone these days even the people who are supposed to be looking after us.