Welcome to Silver Pros, sponsored by SD Bullion. Today we’re talking about how to time your silver purchases. And if and when you should time your silver bullion purchases! Some silver stackers like to buy a specific dollar amount of silver that you’ve been able to budget for on a regular basis in smaller silver bullion tranches. That’s dollar cost averaging your silver purchases. However, events and scenarios may encourage you to wait and build up your fiat currency for a larger purchase or encourage “backing up the truck” on precious metals. In this video we will discuss events that has a direct impact on the spot price of silver, like recent Federal Reserve action, the upcoming midterm elections, and the threat of war. The Fed raised the federal funds rate by 75 basis points. What impact did that have on the spot price of silver, the US dollar, and the stock market? Will the central bank become more “dovish” more “accommodative”, will we see a “soft pivot” soon, and what would that do to silver’s spot price in the future? Will it be bullish for silver, and how should you time your next silver purchase? With midterm elections, what would a “Red Wave” in Congress do to silver prices? I tell you what my LCS Dealer thinks is likely with the price of precious metals if Republicans with Congress. Will it bring an end to Inflation? Will the price of silver go down? Finally, we discuss the impact of geopolitical events, like the Russian war in the Ukraine and threats from North Korea, on the spot price of silver and gold. These and many other scenarios can help you when buying more or less silver than normal.
?? GET YOUR ONLINE GOLD AND SILVER HERE ➡ https://sdbullion.com/yankee
? TEST YOUR METALS WITH THE POCKET PINGER! ➡ https://bit.ly/3gvYynx
☕ GET YOUR TIM MUG! ➡ https://bit.ly/3CSz3b
? Become Yankee Cannon member TODAY: https://bit.ly/3bqQZtm
? Buy Yankee Stacking Merch: https://bit.ly/2RavbtA
? SAVE with Yankee’s Gold/Silver IRA custodian: https://bit.ly/2EpFMhb
? Get your StickerMule stickers with a discount: https://bit.ly/30j1oUL
? PayPal / Venmo / Zelle / Email: YankeeStacking@gmail.com
? Mailing Address: Yankee Stacking, PO Box 671, Londonderry, NH 03053
? My uPVC Coin Flips ➡ https://amzn.to/3lQgoml
? My Half Dollar Guardhouse ? ➡ https://amzn.to/2HLTVU8
? My Quarter Guardhouse ? ➡ https://amzn.to/3F370V3
? My ? ➡ https://amzn.to/36n0ff5
? My? Stand ➡ https://amzn.to/2FRn3se
? My? to iPhone Adapter ➡ https://amzn.to/3fYZEa5
? My?Camera Tripod ➡ https://amzn.to/3wf8xTb
? My Computer Monitor ➡ https://amzn.to/35ei67S
? My Coin/Mouse Mat ➡ https://amzn.to/2sdfFnq
? My Prepper Bidet (Who needs TP!) ➡ https://amzn.to/2PwTkJT
? My Digital Scale ➡ https://amzn.to/2Pas2tn
? My Mini Water Filter ➡ https://amzn.to/2REpPIr
? My Family Sized Water Filter ➡ https://amzn.to/2AM5ri1
? My Emergency Food ➡ https://amzn.to/344wlL6
DISCLAIMERS/TERMS/RULES:
▶︎ I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
▶︎ This channel adheres to Google and YouTube’s Terms of Service, Privacy Policies and Community Guidelines.
▶︎ I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites. Some of the above links are affiliate links where I may earn a small commission at no additional cost to you.
▶︎ Official Disclaimers: https://bit.ly/3B23Pfe
▶︎ Official Giveaway Rules: https://bit.ly/3ot3ixE
▶︎ Google’s Privacy Policy: https://policies.google.com
▶︎ YouTube Terms of Service: https://www.youtube.com/t/terms
▶︎ YouTube Community Guidelines: https://www.youtube.com/yt/about/policies/#community-guidelines. All entries which don’t comply with YouTube’s Community Guidelines will be disqualified.
————————————————————————————–
Music By: “Three Little Drummers from the George Washington Show” and “Bugle Feature: Pezel Twist from Warlike Musick” by The United States Army Old Guard: https://freemusicarchive.org
Music By: https://tunestogo.net
Music licensed under a Creative Commons Public Domain Mark 1.0 License: http://creativecommons.org/publicdomain/mark/1.0
Topics Discussed: silver, gold, midterm elections, congress, red wave, when to buy silver, buying silver, soft pivot, central banks, FED, federal reserve, spot price, silver spot price, silver price, silver dealer, bullion dealer, interest rates, dollar reset, coins, gold bullion, economy, inflation, recession, stock market, precious metals, war, North Korea, Russia, Ukraine, fiat currency, CBDC, debt, silver stacking, stacking silver, silver bullion, investing in silver, investing, how to invest in silver
#Silver #BuyingSilver #Timing
What is the number in the top left next to the little red YouTube symbol? That wasn't how many people were watching this when it was live is it? It seems incredibly low if that is what it's supposed to be
I appreciate BOTH of your YT channels. And when you collaborate, it’s a wonderful thing ?? I’m a newbie and you two have helped a great deal ❤
The gov can't control the global economy. Especially a President. You can only control your own economy. Be your own bank.
Why worry about it? No matter the price, premiums will keep it where they want it!!!
The best time to buy precious metals is when very few people are buying and dealers are buried in stock they are having a hard time moving. The very worst time to buy is when everyone is buying, dealer stocks are low, premiums are high, and everyone is predicting absurdly high future values. We just need the patience to wait for better buying opportunities and the discipline to save your money until those opportunities arise.
There is almost no silver or gold to buy in my town of Fresno, CA. You might get a coin here and there, but large buys are not available.
The Fed isn't fighting inflation…it's just a money grab……..they are lying to us all.
what about the duck central bankers. And the talk of revaluing gold
Once I seen the chart (ill post in reply) of the consumer price index from 1775-2012, I've just been buying whenever I can.
In USA, if you don't mind getting up in the middle of the night or you work night shift, the overseas markets sometimes drive down spot prices, you can get silver/gold cheaper then. I recently woke up at 3am to go to the bathroom and bought some silver when the price was some lower.
Why do we call them Basis Points now? A few years ago the Fed would raise rates by a Half Point or One point. What does Basis Points even mean?
Agree! Buy while you can!
For those of us in states that Greedily TAX fiat currency when buying Real Money… keep in mind the minimum dollar purchase amount to avoid the burdensome tax.
Here in my area of “CommieFornia” the sale tax rate of 7.75% is added to the final premium price of metal orders totaling under $1,500.
Count your blessings if your state does Not tax Silver & Gold purchases.
There will be no pivot. Tom Luongo of Gold Goats and Guns
Silver and fuel shortage is a scam to raise prices that's all this is. Fear mongering is effective on some people. Wake up sheep.
RED TSUNAMI INCOMING!!!!!!!
The Event: God Steppin in …
They are not gonna pivot they can’t. Shit falls apart they won’t care their product is the dollar and they will protect it at all costs
Just dollar cost average…SAME dollar amount, and don't "guess the dips". You will automatically be buying more ounces the cheaper they get, and less ounces the more expensive it gets. The overwhelming majority of people who think they are doing better by guessing the dips do far far worse than the fixed dollar amount method. Do a spreadsheet both ways and you will see how unbelievably difficult it is to beat the fixed dollar method. I am horrified that they don't teach this in universities these days. It used to be everybody had to run two spreadsheets for class to see how pitiful the "smart" DCA did compared to "fixed" DCA. As I recall, we had 2 students that did marginally better and 72 that did quite a bit worse then the fixed dollar model. But of course, EVERYBODY thought they were doing so much better then the fixed method until they were forced to look at the two spreadsheets. When you do the "guessing the dips" spreadsheet, if you put 1 or 2 months of cash into buying the dip, then you are not allowed to make any purchases for the next month or two. Good luck to you.
Just make sure you time it so you own it before it takes off.