The Problem with Everyone Buying Gold
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Published 2024-06-01
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All Comments (21)
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Ah the subtle jabs at silver is always hilarious. The one positive from buying gas station sushi is it’s a solid way to cut some weight.
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I was late to gold too . Been panic buying over the last two decades trying to catch up to the early adopters 5000 years ago.
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.......and to think people laughed at me for paying $800 per oz for gold back in 2007. Said I paid way too much.
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My wife told me I was a few eagles short of a tube but I didn’t know how to take it…🤔
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Waiting for costco to start selling ammo.
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The time for selling is when you retire and then piece it out for a income BOOST 😅
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The best price that I have got on Buffalo’s was $1818.00 and my last Buffalo the day before it jumped up was $2,286.49 ✅
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Cannot buy 1 ounce at a time but purchase a 1/4 ounce AGE and a 10 ounce bar of silver a month. When I hit silver goal will start to accumulate 1 ounce AGE’s. Hopefully one every 2 or 3 months. As always love you stunning presentations and level headed advice. Have a fantastic weekend amigo.
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Fully stacked bought PM'S when no one wanted them.
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when you realize buying gold/silver is not an investment but insurance against fiat money, only then will you become wealthy.
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I really appreciate your common sense approach. There are other gold/silver channels that think the economy is crashing tomorrow….. Yankee Stacking. Just couldn’t take it anymore. Thanks again. You’re the only PM channel I watch. You’re in a class of your own! 👍🏼
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The one way nature of Costco had resulted in a bunch of gold and silver showing up in the cases at the LCS with the unique Costco packaging earlier this year. You’re onto something.
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Its just begun!!! Don't sell
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Yes, I found all of this quite interesting. Thank you for the video.
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People in the west as of Wednesday still not buying. Thursday and Friday there was a shift. Gold flat, silver down pretty good but mining stocks still going up from what I noticed.
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Visited my LCS yesterday (they have a few branches, so they aren't a small mom and pop). The week before they said they were selling more. Yesterday, I could clearly see everyone but me was trying to sell.
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I’ve been overweight silver for a while. Recently I’ve been buying gold with 50% cash, 50% trading in silver, so the total stack value continues to grow.
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You are absolutely right!
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My LCS is FLOODED with sellers. Very few buyers. Strane’s selling back to a wholesaler just to keep in balance. He said that’s true both for gold and silver. He did say more buyers than sellers for platinum.
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Gold at Cosco can be sold at any coin shop. So no worries. I just saw someone buy more than a million dollars worth of gold bars at a bank in Singapore a couple of days back. Yes. People are buying.
