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SILVER stacker cashes out for worst price – TRY NOT TO GET MAD!



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.

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 coin 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.
#gold #silver #preciousmetals

source

Maxwell Cashmore

Beyond Wealthy411, Maxwell is an active speaker at various financial workshops and a mentor for aspiring entrepreneurs. He frequently contributes to financial blogs and podcasts, sharing his knowledge and experiences.

Comments (38)

  • @lancelaudig5189says:

    March 9, 2024 at 12:29 pm

    buyer or seller its your job to know the market. he gave him what he asked for and ive got zero problem with that!. i bought 90% last week at 10x face. its what the seller asked for and its what i gave him…..whats the problem?

  • @slugggersays:

    March 9, 2024 at 12:29 pm

    It's not like it was some old lady asking for $5. The guy very confidently asked for a price that was within a dollar of spot on that day. I really don't see the controversy.

  • @jaredrousselsays:

    March 9, 2024 at 12:29 pm

    So what? Wtf. If he wants 4% under current spot, then he does. I've gone into silver shops before and offered them a good deal. Maybe the dude knew what spot was or had decided on a number he wanted back in the day. Why must the capitalist cheapskate neuron always activate in people's minds at all times? Certainly the store owner had no obligation to deal at spot. That's why he frames the question that way.

  • @davidprestonturpin8901says:

    March 9, 2024 at 12:29 pm

    This video is not “respect”. He is a pawn broker not a dealer stop blending the two. He gave guy exactly what he wanted there was absolutely no need to go back and forth. Any true silver stacker doesn’t go to pawn shops because typically they don’t get the same volume of OTC silver that regular dealers do! Also after buying that silver from that guy he has to wait 30 days before he can sell it, reports items to make sure not stolen, if it is no guarantee he gets his money back, the market could dumb by time he is able to sell it, and of course he has cash timed up for a month before he can do anything with it. No one is mad or even upset here but you. 😂

  • @1stGenRexsays:

    March 9, 2024 at 12:29 pm

    Let’s put the shoe on the other foot. I was actually in this situation!

    A local gun shop announced they were selling silver at spot (no details as to what it was just that it was silver at spot.)

    I reserved a modest amount via DM and went to go pick it up.

    Turned out they were selling ASEs at spot.

    Would you have told them “hey no, you should really be charging me a premium on these” or would you have picked up your amount plus any more they had available?

  • @walterswanson3867says:

    March 9, 2024 at 12:29 pm

    He owns a pawn shop, not a coin shop. He has no obligation the give the seller spot. I've seen several YouTube videos where the creator is calling coin shops getting prices for silver and often several of the prices are below spot. Do the viewers complain about those coin shops? Some of those people complaining may have bought silver on Ebay in the auctions. If they get the item for less than spot, do they feel they cheated the seller or are they happy to get a bargain? Some people just love to complain nowadays.

  • @letsgets77says:

    March 9, 2024 at 12:29 pm

    One day I'll be cashing out silver at what the young bucks will call a "all time low." I'll probably sell it to a pawn shop for spot in cash……. the IRS will never know, and it'll be double what I payed for it.

  • @davecurry8180says:

    March 9, 2024 at 12:29 pm

    He's not a nice guy he's basically screwing the guy and then pawn shops sell for top dollar more than coin shops is the most pawn shops are unrealistic I've seen worn out Morgan's calls for 35 and 40 n pawn shops

  • @kingsilver638says:

    March 9, 2024 at 12:29 pm

    No he's not okay be paid under spot which is their choice but then he's selling it $4 over what he paid seriously have no respect for people like that but there's a lot of them out there and I watch this guy I just don't watch it very often

  • @veritasfilessays:

    March 9, 2024 at 12:29 pm

    Yeah, I saw that video when it came out, and I didn't have a problem with it. It was a win-win for both people. He gave the guy what he needed to get for his Silver, and the dealer made a profit too. The margins on Silver and Gold aren't often great in the first place, so I don't begrudge him the ability to make a bit of profit, particularly when he's still able to give the seller what he wants. Again, if the spot price was $22.50, and he got $21, I really don't see the problem. The dealer isn't required to give him a better price or to even buy his Silver. He could have said I can only pay $17. Would that have been better? Granted, if the guy came in an said he only wanted $15 for the Silver, I'd have been upset if the dealer took that price because I think that goes too far. But $21 at the seller's suggestion? No. That's close enough for me, and they both walked away happy. No problem as far as I'm concerned. No stacker should go into a selling situation assuming that they will get spot or higher than spot. You MUST manage expectations and set them in an appropriate manner. During good times, you should expect 85% to 100% of spot and absolutely no higher. This assumes you're selling to someone who buys Silver regularly. If you are selling to a pawn shop out of necessity, you should drop your expectations to 70% of spot to possibly 100% of spot, if we're in good times. This guy got just over 93% of spot, at $22.50, so I think he did just fine. When I calculate my value upon sale every 90 days, I always calculate 85% on the low end and 100% on the high end. I never assume that I'll get drastically lower or drastically higher during good times. I think we in the stacker community need to be reasonable. I know we tend to get our panties in a bunch over premiums and trying do silly things like "break-even", but I think that's because we aren't realistic about Silver & Gold. We don't really understand their purpose and nature, and that's what is ultimately behind the almost continual whining in this area within the community. Good video! Keep stacking!

  • @tbjtbj4786says:

    March 9, 2024 at 12:29 pm

    I don't see anything wrong. You said he was a stacker. So its not like the shop took advantage of someone that had no idea what it was worth.

    You say you want 15k for your truck i think its worth 18k i buying it at your asking price

  • @Stacking_Benjimanssays:

    March 9, 2024 at 12:29 pm

    So for me I would say a couple things about this. First and for most the guy is an adult and stacked the silver. Secondly he knows what he paid for it… So if he was ok with asking $21 an ozt, then maybe he bought it when it was $10-$15 an ozt and he made his profit… or he was in a jam and a specific number in his head. And in defense of Pawn Broker I honestly don't blame him for offering a higher price or trying to negotiate… 2 things on that… One he is in business for himself (so take the best deals you can) and Second… well I don't have a second because that's the name of the game… get the best deals you can when you can… Great content as always…

  • @JFEnterprizesays:

    March 9, 2024 at 12:29 pm

    To beejees comment for money making principals yes. Etf is better. For peace of mind no. Some wanna “set it and forget it” when it comes to holding value / wealth in PM’s. I think his comment was deleted or he deleted it. I screenshot it and can type it in quotes if anyone wants to see. ❤

  • @JFEnterprizesays:

    March 9, 2024 at 12:29 pm

    I’ve heard from the guys who buy gold ect from people at yard sales ect they ask them what they want for the shtuffs. Said it’s Up to them to know it’s value or asking price. If it’s low you win out. That it’s not on you to correct them if you feel it’s undervalued. You can sell your car for a $1 if you want to. Usually that idea sits funny with me. Kinda taking advantage of someone doesn’t know what they have exactly. 😢 like the lady who jumped in the dumpster for all the gold and silver stuff on Yankees channel a month back. Granted those people threw it out so totally different situation. 🎉

Comments are closed.