Breaking News! One BIG bullion dealer has purchased another bullion dealer. Is this merger going to benefit the silver stacking and gold stacking customer, or the bullion dealers? Will this merger lead to very good things for the stacker or very bad things?
Did Silver Stackers or Gold Stackers get rich from the silver squeeze? Or did dealers, mints, and wholesalers of silver coins and bars benefit from the high premiums of the last 2-3 years?
How did dealers such as Provident Metals or JM Bullion do? Or Mints like Sunshine Minting or Silver Towne Mint? Or is there someone doing even better? It’s BIGGER than you think!
The Big question is, who benefits from the merger activity? The ones minting the bullion, selling the bullion, or the stackers of the bullion?
@Silver Forever was the first channel to announce that the owners and leaders of BSAGC were leaving the industry. But now we know what will happen to the company. Check out his channel for great content and great Germania Bars.
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Another Great video???
At These Prices, Keith Neumeyer is Not Selling Mined SILVER
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Being a stacker is about being independent and about personal responsibility, so it might make sense to not even buy precious metals at this time. Having an emergency cash savings fund is important as well as paying off debt. Only you know your own financial situation.
DISCLAIMER: I am not a financial planner, so this is not financial advice. This is for illustrative and entertainment purposes only. Please conduct your own research prior to investing in gold, silver, or other investments.
Topics discussed in this video include:
Silver Heist, silver, silver stack, 999 fine, 9999 fine, one ounce silver, savings, silver coin, spot price, premiums, silver spot price, diversifying investments, silver bar, silver ingot, ten ounce silver bar, silver squeeze, silver bullion, A-Mark Precious Metals, JM Bullion, Provident Metals, Silver Gold Bull, BSAGC, Buy Silver and Gold Coins, US Mint, American Silver Eagles, American Gold Eagles
#silverstacker #bulliondealers #silverbullion
Video Rating: / 5
Who in this world would ever buy
the overpriced fugly ASE?? ASEs are just garbage.?
I will miss BGASC. One of my first purchases came from them. There was a misunderstanding on payment and pricing. The owner called me back directly to explain and correct the purchase. He was very passionate about his company and explained their process they follow. I was very impressed with him and his customer service !
My god you keep saying the same thing over and over. BTW, used to buy a lot from SGB but stopped because I was getting too much questionable stuff, and damaged stuff.
Buy A mark stock – wait for the stock markets to crash here soon.
Then buy a few shares- AMark is a company all stackers should be familiar with.
AMRK- traded on the Nasdaq.
Very informative video..thanks.I invested in A mark a few years ago.I stack their one oz. rounds and 10 oz.bars in addition to 45 years of buying from SilverTowne,Apmex etc. etc.
Capitalism is as destructive as communism, we need capitalism that is responsible to the people, right now we allow monopolies, just because someone has benefited financially from the system paid for by the people, no one person or company should be allowed to deceive the people by having different names/companies which are actually the same entity, pretending to be competition, the people's tax paid for the system, the rich are taking the benefits out the backdoor, of course that is after they bent u over the table and stretched your asshole.
I’m in Canada and purchase from Silver Gold Bull. They are high priced on all their products. And they play with their premiums all the time in fluctuations of the spot price. Also their spot price is always higher than the Kitco price. The only thing is they have weekly sales where you can find a slight deal. But their are other Canadian online dealers that have much better prices over SGB’s regular prices. I have five online dealers. SGB is #5
Great information ? but why would anyone buy US Mint products??
Although not the cheapest, JM Bullion has always been consistent, honored their pricing, and a nice variety when times are good. I don't use any of those, except Sunshine and JM.
My dealer has been around for over 50 years, they publish the sell price and buy price on their site and I haven't seen many beat them on price, other than loss lead specials.
Great video heist ? keep them coming ?
I really like the ape prices at SGB and I’ve never had a problem with an order.
Hmm, i use sdbullion
I only buy from JM and SD. Never a problem with JM and 1 funky Uncirculated from SD. SD replaced it with a better than asked for coin and I couldn't be happier. I continue to buy from both.
#198..there has never been a good monopoly..
Dang it! ?The Artemis 1 rocket ? isn’t going to the moon today mission is scrubbed again, come on NASA get it right! I was on my back porch with a nice cold beer and chicken wings looking to the east towards Cape Canaveral now it’s not gonna happen. If this was Elon Musk SpaceX would have been to the moon and back by now.
Great video, I’ve heard of these companies but never made a purchase from any of them, usually I buy from Bullion Exchanges or Liberty
In Canada I do the majority of my purchasing from TD metals. I opened and account just for the Cheaper prices. And shipping is free over $100.
I like the way you lay everything out for all to see, so nicely done sir! It looks like A-Mark is holding the strings to the "premium" problem we have all been complaining about.
I do not think it would impact much unless there was a monopoly of distributers or if refineries are being purchased that could end a production of rounds or bars.
I did see a video where Daniela Cambone was interviewing the owner of First Majestic a few weeks ago. The owner said that they were currently not selling their silver because they would be taking a loss. That is an impact; When it costs more to mine and refine silver, than you could actually make selling the refined product.