Silver Price Makes a HUGE Jump… This is why I’m Not Very Excited!
The Silver Price made a HUGE jump today… almost 9% in just one day! But I’m not overly excited about the move, and in today’s video I tell you why big Silver Price moves like this, up OR down, don’t get me too excited! Be sure to Check out SD Bullions Silver Eagle MONSTER BOX Sweepstakes! http://www.sdbullion.com/silverseeker Did you like this video? Don’t forget to hit the like button and leave a comment to let me know! Want to Support the Channel? —————————————————- ▶ Become a Channel Member! http://bit.ly/supportss – Channel Memberships include awesome benefits for supporting the channel, so be sure to click and check them out!s Get your Silver and Gold Coin Ping Tester! ▶ https://coinpingtest.com/referral/qQ1MbVIR/fsKvkWqqL5Y0gYn3 *This is an affiliate link, so buying a Ping Tester through this link supports the channel! Check out my Online Store for Silver, Collectibles and more! ▶ https://www.coolstax.com/vault/ Curious about the equipment I use for my videos? Visit this link to find out what I use in my setup! ▶https://coolstax.com/products-that-i-use-and-or-recommend/ Check out these Epic Links Below! _________________________________ ▶SUBSCRIBE! http://bit.ly/2Pa3y0n ▶INSTAGRAM! http://www.instagram.com/coolstax ▶DISCORD! https://discord.gg/silver ▶My Website: http://www.coolstax.com/ ▶My Patreon! https://www.patreon.com/silverseeker ▶Disclaimer: https://coolstax.com/youtube-channel-disclaimer/ ________________________________ Credits: Silver Price Makes a HUGE Jump… This is why I’m Not Very Excited! https://youtu.be/26ghcpeOW7o #silverprice #silverbullion #silvercoins
What goes up, must come down. This commodity continually rises and falls as per insider trading making short term gains. They keep those profits when it drops. Constantly going up & down. That’s how they make money. For the rest of us, we have to hold 10 years just to break even. Silver is not a hedge. It does require an investment but all hobbies can get expensive. Collect only, what you like. Mine I hope my kids will enjoy or bring help/relief from my hobby.
I was planning on making a BIG purchase today…. Not happy it went up, but still going to buy … I need to get rid of dollars and that’s the most important at this moment….
Same here.
The dollar will go away soon be ready USA owes to much money
Hopefully the government won’t say people aren’t allowed to horde physical silver in the future lol
Do you get out your collect and play with it, gawk at it? Do you lay in bed at night thinking about it, dreaming of its glitter and glamor? Get over it. That is not what it is all about. Don’t make it an object of lust. i.e. golden idols.
No… it’s a video bud, and I don’t idolize it. You clearly didn’t listen to what I said.
@Silver Seeker I wasn’t referring to you specifically. It is a common thing for people to get all wrapped up in their things. Metals are no different. Mine are just for friends and family with the SHTF and they haven’t prepared adequately.
@Lee Fury ahh gotcha and exactly my friend! Thanks for the clarification there and keep rocking!
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No one knows for sure but, we may get a chance to add to our stacks at a discount if the market crashes. They usually crash the market at times like these so, I’m holding some dry powder for it.
i been stacking silver but im not seing the point unless is for a long time hold , talking about years , its hard to get profits when shops spread its 15 20 percent
Why whould you sell at a loss ?
I’m still stacking, And this move up Stoped me from makeing an order I had in the cart, With a 20% increase (with premium) over night.
FED is buying up debt right now and trashing the USD more. temporary move IMO and when the fed stops buying debt everything will crater with the debt market….then load and watch silver run up huge. 9% will be nothing
I got slapped over making a negative comment about credit cards being trouble. I swore I would never have one. And I never got one.
I try not to buy investments around the 1st or 15th of the month …. Because that is when people get paid …. you have all the money from 401k going into the market …. Yes I am in a 401k …. but I am talking about my saving and investment cash …
Another tip is to only put a part of your cash in precious metals making sure you have enough cash for emergencies. By doing that, you will not be stressed out by the daily price because you don’t need to sell while the metal is slowly appreciating in value.
What determines your buy and sell silver vs your permanent silver ?
I have an internet dealer and I always buy the same coins. I used to buy kilo bars of the stuff but it’s hard to sell except at a dealer and they takr their fair share of your profits (or at least in France they do), so I buy coins now. And even then there’s coins and coins. Have found out during the years that Britannias, Maple Leafs and Warewolfs are the most sought after here. The Silver Eagle coins have too high a premium in Europe to be of interest..