Bullion retail market (LCS news/reports/commentary)

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

Dealer Discusses CRITICAL Silver Stacking Tip! Is "Florida Man" Doing it Right??​

Nov 6, 2024 #Silver #SpotDeal #DollarCostAveraging

Is dollar cost averaging the right way to stack silver and gold?

Is this incredibly knowledgeable Florida Man stacking the Yankee Way? And do I steer the second stacker in Tim's shop the right way with silver rounds? In this video my bullion dealer and a couple of gold and silvers stackers discuss some very valuable stacking tips. It turns into an amazing discussion with Tim Marschner of The Coin and Stamp Shop. Do you think buying gold and silver at a fixed amount on a regular schedule--REGARDLESS OF SPOT PRICE--is the way to go? Do YOU test your silver with a pocket pinger or with some other method? This is a "must-watch" video, especially for new gold and silver stackers! Never before has stacking precious metals been as important to do as it is today. Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency. Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation!

20:54
 
 

Gold Silver Prices Plunge on Trump Win​

In the annals of modern gold price maintenance history, the spot price dips in gold and silver this week were nothing compared to the last time Trump won the US Presidential election in November 2016.
This is not the same bullion bull market as then, far from it.
Judging from what SD Bullion customers did with their bullion buying capital upon the sharp spot gold and silver price last Wednesday, that is precisely what they did. Buying at a more than 3X rate versus more normal daily order flow data of late.
Following up on last week's Indian gold repatriation of 102 metric tons of gold. This week, India's central bank announced that it bought another 27 metric tons of gold bullion last October 2024.
Curious about your viewers, I recently posed a simple 3 choice YouTube poll, which got over 1,100 responses from our channel subscribers. And like India's central bank, about 78% of poll respondents are still actively adding to their prudent bullion stacks at present and to come.
The silver and gold markets traded down during the Trump election week.
The spot silver price closed above the $31 oz bid, and the spot gold price finished at the $2,683 oz bid.
The spot gold-silver ratio grew to close at 85.
That will be all for our weekly SD Bullion Market Update. And, as always, to you out there, take great care of yourselves and those you love.

10:51

Win 500 Silver Coins! — Enter here: https://SDBullion.com/sweepstakes
 
Great buying opportunity.It's like getting 2023 cocaine prices.
 

Bullion Dealer's Shocking Metals Prediction for Inauguration Day! SILVER & GOLD NOT DONE GOING UP!​

Nov 13, 2024 #Silver #Gold #Inauguration

Are the spot prices of silver and gold done going up with a Trump Presidency? Not according to my bullion dealer! He thinks "Global Inflation" will push precious metals to new all-time record highs in the next four years!

In this video Tim Marschner of The Coin and Stamp Shop reacts to Donald Trump's election win and discusses the price of silver and gold during his second term. Tim and I both expected Trump to win and both of us predicted a temporary pullback on the spot price of gold and silver. Do you this gold and silver are going to rise soon? Do you expect a surprise on or before inauguration day? And do YOU test your silver with a pocket pinger or with some other method? Never before has stacking precious metals been as important to do as it is today. Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency. Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation!

17:24
 

37.5% US GDP is Gov't Spending Why Silver & Gold Are Still So Cheap​

The spot silver and gold markets sold off again this week. Spot silver finished the week at a $30.22 oz bid, while the spot gold price closed at a $2,561 oz bid. The spot gold-silver ratio fell one tick to 84 in the week.
Every gold and silver bullion coin, bar, and round we ship and sell at SD Bullion is tested to be genuine and guaranteed to be bonafide bullion.
That high-grade thick layered 24k counterfeit Gold Buffalo Gold Coin with tungsten insert was reportedly found this week out in the wild USA brick mortar world, using a similar Sigma Metalytic device we offer at SD Bullion https://sdbullion.com/coin-supplies-a...
That will be all for our weekly SD Bullion Market Update.
And, as always, take great care of yourselves and those you love.

13:32

Win 500 Silver Coins - Enter here: https://SDBullion.com/sweepstakes
 
 

The Race for Silver Stockpiles Has No End in Sight​

The silver and gold spot price in fiat US dollars were up on the week's trading.
The spot silver market closed at a $31.29 oz bid, and the spot gold price finished at a $2,711 oz bid.
The spot gold-silver ratio finished higher on the week, given gold's relative strength over silver, closing at 86.

We are about to listen to a condensed version of what he and other silver market players had to say at the recent LBMA Conference meeting in October 2024 (last month).
I will try to cut the clips to the most critical points and backlink the 1-hour discussion in the show notes below.
LBMA Conference 2024, Silver Linings: The Future of the White Metal: https://vimeo.com/1025154124

As I have maintained through years of video uploads on this channel, the world silver price discovery market has been in disequilibrium for many decades in total and given that it is still being pushed around by highly leveraged paper derivative trading with only short bursts upward in price where market clearances have occurred. We have to look back to better understand where we might be heading.

Throughout this entire full fiat currency era, there have only been four market clearing price runs where the red spot price line met the blue-colored eastern price aggregation lines seen here. It was in 1974, 1980, 2006-early 2008, and early 2011.

This video hints at where and how the world will look when the coming fifth market clearance event for silver comes due in the years or even the next decade.

That will be all for our weekly SD Bullion Market Update. And, as always, to you out there take great care of yourselves and those you love.

25:21
 
It might be an opportunity to go long on a leveraged ETF to complement your stack? I found that there is a physical storage limit at current silver spot prices.
 

DEALER REACTS TO GOLD-BACKED DOLLAR UNDER TRUMP! Will Tariffs BOOST Silver & Gold??​

Nov 25, 2024 #Silver #Gold #Tariffs

In this video excerpt from my recent Ask Yankee live stream, my bullion dealer Tim Marschner of the Coin and Stamp Shop gives his reaction to Peter Schiff's opinion on price of gold needed to back the US dollar. Tim and I go back and forth discussing the case for America returning to a gold standard. Does a gold-backed treasury bond promoted by Judy Shelton, the former economic adviser for Donald Trump, makes sense? We also discuss Donald Trump's pick of billionaire Howard Lutnick for Commerce Secretary, and whether increasing tariffs will increase inflation. Will tariffs even raise the spot price of silver and gold? Could we EVER return to a gold standard or back our currency with gold? Watch as Tim considers the possibility of $80,000 per ounce of gold to back our currency!

17:59
 
Does a gold-backed treasury bond promoted by Judy Shelton, the former economic adviser for Donald Trump, makes sense?
No, because in order to gold-back treasury bonds one needs first to have gold.
: )

Bottom line with regard to Ms. Shelton's call to monetize our Gold by throwing it out on the yield curve (with which we agree) there is no way you can do it honestly if you wanted to.


(Great article by Vince Lanci, but why in the Jerusalem Post?)
 

Former Silver Bull Warren Buffett on the Coming $84 Trillion Wealth Transfer​

Premiered 9 hours ago
The silver and gold markets traded slightly down on the holiday-shortened week.
The spot silver price finished the month of November with a monthly spot price chart candle above the critical $30 oz level, closing at a $30.53 oz bid.
The spot gold price closed the month above a $2,650 oz bid, with the spot gold-silver ratio moving sideways at 86.
That will be all for our weekly SD Bullion Market Update. And as always, take great care of yourselves and those you love out there.


15:49

- Article Source: https://www.msn.com/en-us/money/perso...

- Commodity Corner | Gold prices CNBC-TV18 INDIA: • Gold Prices Surge On The Back Of Glob...
- Warren Buffett Berkshire Hathaway silver investment 1997 https://sdbullion.com/blog/warren-buf...

- Win 500 Silver Coins, enter here: https://SDBullion.com/sweepstakes
 

"Other Places Have the Gold" Trump, 2016

Premiered 8 hours ago

The spot prices of silver and gold were mixed on the week.
The spot of silver climbed and closed toward $31 oz bid, while the spot gold price settled sideways at $2,632 oz bid.
The spot-gold-silver ratio fell on silver's relative strength to a historically bloated level of now 85.
That will be all for our weekly SD Bullion Market Update. And, as always, to you out there, take great care of yourselves and those you love.

20:05

BLOOMBERG - What Gold’s Crazy Run Says About China: • What Gold’s Crazy Run Says About China
Win 500 Silver Coins! — enter here: https://SDBullion.com/sweepstakes
 

GOLD AND SILVER SCAM WARNING! DEALER PERFORMS SHOCKING "AUTOPSY" ON STACKER'S COINS!​

Dec 9, 2024 #Silver #Gold #Scam

In this video an angry customer warns against paying too much for your silver and gold as my bullion dealer performs an "autopsy" on his coin purchases. This silver and gold stacker explains how he believes an unscrupulous online bullion dealer scammed him out of over $150,000 in silver and gold! Tim Marschner of The Coin and Stamp Shop reviews his purchases and determines exactly how much over spot he paid per ounce for his gold and silver coins. Did they sell him overpriced, high-premium, precious metals? Is this online bullion dealer a "shyster" as he claims? And have YOU ever been scammed when buying your silver and gold? Watch as the gory details are revealed!

16:34
 
This one is a bit different.

BULLION DEALER WARNS AMERICA AGAINST A BITCOIN RESERVE! Crypto Lovers ANGERED by what he says...?

Dec 11, 2024 #Silver #Gold #Bitcoin

Is Bitcoin "digital gold" or "virtual gold"? Will Bitcoin replace gold as America's "store of value"? Should president Donald Trump create a Bitcoin Reserve? And should the US Treasury sell our gold reserves to build it?
In this video my bullion dealer calls such crypto aspirations "insane" and he calls out the Federal Reserve chairman, Jerome Powell, for calling Bitcoin virtual gold. Tim Marschner of The Coin and Stamp Shop explains the huge risk with speculating in cryptocurrencies--especially Bitcoin. Do you agree with Tim that bitcoin is simply "thin air"? Do you see Trump using crypto as a way to usher in a central bank digital currency (CBDC) like the caller believes? And are YOU playing in the "crypto casino"?

13:12
 
This one is a bit different.

BULLION DEALER WARNS AMERICA AGAINST A BITCOIN RESERVE! Crypto Lovers ANGERED by what he says...?
...

I wrote an article on the same subject:

 

Bullion Short Squeeze Warning by OMFIF​

Late last Friday, news broke that China has returned to declaring additions to its Official Gold Reserves declaring an addition of five metric tons, the first addition since April of this year 2024.
You might recall the news that China had paused her gold bullion reserve buying in early June of this year, and the $100 oz intraday sell off that proceeded. The spot gold price has climbed since regardless.
China also made news this week as the nation's Politburo planners announced a vow to ramp up stimulus to spur growth in 2025. Experts are expecting the fiat Chinese yuan to be devalued accordingly to any news tariffs the Trump regime potentially slaps on Chinese imports.
Later in this week's SD Bullion update we will go into details this week about how potential coming Chinese tariffs are creating chaos in the silver and gold price discovery markets.

But first, the OMFIF or Official Monetary and Financial Institutions Forum published a 24-page report this week entitled "Gold And The New Disorder": https://pdf.omfif.org/gold-and-the-ne...

The most important point made in the report revolves around a coming Short Squeeze in the world's physical bullion market.
Citing recent history in the Palladium market in the late 2010s, where palladium shorts experienced massive losses as the spot price ran six fold trough to peak over a five to six-year timeframe.
The estimation was that unallocated to allocated gold ratios could be as high as 100 unbacked derivatives to 1 oz bullion backing, with suspicions rising that some BRICS countries could be considering 'weaponizing' gold against the West. Our fiat financialized markets could be in for a bumpy ride.
The silver and gold spot prices were mixed this week as gold outperformed silver overall.
The spot silver price climbed to over $32 oz intra-week only to be cut down to close at $30.56 oz bid.
The spot gold price closed flat after a short climb to $2,730 oz bid high intra-week yet closed down at $2,650 oz bid.
The spot gold-silver ratio climbed on gold's relative strength to close at 86.

That will be all for our weekly SD Bullion Market Update. And, as always, to you out there, take great care of yourselves and those you love.
11:38
 

DEALER WARNS BULLION BUYERS OF "TRUMP SLUMP"! Do Gold & Silver Prices REBOUND in January??​

Dec 16, 2024 #Silver #Gold #PreciousMetals

In this video excerpt with my bullion dealer, we discuss the recent gold and silver spot price drop, if China's central bank has resumed their gold purchases (and from where), and whether or not stacking silver and gold is an "investment" rather than precious metals "insurance". Tim Marschner of The Coin and Stamp Shop joins me in studio and he shares what he tells prospective gold and silver buyers all the time! Do YOU agree with Tim that physical gold and silver are NOT investments? Are they just hedges against economic disaster? Never before has stacking precious metals been as important to do as it is today. Protect yourself from out-of-control governments, evil central banks, and the failing US dollar's grip as the world's reserve currency. Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth preservation!

10:53
 
Do YOU agree with Tim that physical gold and silver are NOT investments? Are they just hedges against economic disaster?
Two decades ago, when I had money to invest, I looked at every option I could find. The GM bonds had a "good" return, but I was not ready to put my money in them. Was it 9% at the time? I had been putting money into stocks, but I was not really happy with them. So I thought it would be safe to park my money in gold and silver until I found an investment that was actually good. Over the years, I have used my PM stash to pay for expenses, and I think buying was a good decision.

I think the best use of money is to improve one's skills and value in the marketplace. If you can turn $1000 in skills into a $10K return in paycheck, that is an obviously good investment. Even better is to spend zero dollars and some time into getting that experience.

The question asks, "Are they just hedges against economic disaster?" I think the answer hinges on what the "economic disaster" is. A bad time of turmoil is one path, and an economic collapse is another. So I ask, "What is the scenario we are talking about?" Different futures will have different outcomes.
 

 

Gold Silver Spot Slammed on Fed Cut || Price Dip Buy Time​

Premiered 8 hours ago

The fiat Federal Reserve cut their Federal Funds rate another 25 basis points this week. Nearly all markets sold off, on what was oxymoronically called a 'hawkish cut'.
Often the typical dog and pony show from the fiat Fed during rate cut cycles is to manipulate, wait I mean manage expectations according to their shorter-term goals.
There will be more cuts next year in 2025... the key question of course is how many and how fast they will come and under what kind of economic conditions.
The fiat US dollar spot prices for silver and gold sold off on this week's rate cut with a tiny rally back to end the week's trading down overall for each metal.
The silver spot price ended the week at $29.46 oz bid... more on the relevance of that in a minute.
The gold spot price closed above $2,620 oz bid, and with more relative strength vs. silver, the spot gold-silver ratio climbed higher to end this week at nearly 89.
I believe given the fundamental situation for bullion in place and to come, the old 1970s Western-led gold bullion bull on the left hand of these 2 charts will end up being echoed as this decade plays out into the next.
This time it will be a worldwide affair with many Easterners gaining purchasing power versus typically low-to-no bullion and high-grade jewelry-owning Westerners.
The runway for a coming bullion mania phase remains steady ahead.
That will be all for our weekly SD Bullion Market Update.
Merry Christmas and Happy Holidays to all of you out there.
And as always, take great care of yourselves and those you love.

12:20

Win 500 Silver Coins, enter here: https://SDBullion.com/sweepstakes
 

$500,000 Gold Pour!​

Goldfields Guide

Half a million-dollar gold pour at Kaiser Reef's Maldon processing plant.
This beautiful gold was mined at Kaiser Reef's A1 gold mine at Gaffneys Creek.

2:45
 

I Brought the WORST Silver to Sell to My Coin Shop Dealer​

Dec 23, 2024 #Silver #BullionDealer #HighPremiums

In this video I go to Tim's Coin Shop and get an appraisal on some of the worst silver coins and bars to sell to my coin shop dealer. I brought high-premium silver, and I was curious to see if they would sell for a higher price than I paid for them. I was surprised by the results of Tim's appraisal and had a great time seeing him carefully explain what each silver item was worth. If you are wanting to take some of your collectable silver coins to a local coin shop or to a bullion dealer for an appraisal, then this is the video for you! Will these silver coins, silver bars, and silver rounds still have the high premium they originally came with? Watch as other gold and silver stackers buy and sell their silver rounds, silver bars, and silver coins too!

17:17
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more…