What SVB’s Collapse Means For Gold & Silver (And The Financial System) ►
Premiums on physical bullion are rising again, and although many will blame this on the greed of bullion dealers, the real cause is much more telling.
💰 Great prices on silver bullion at SD Bullion ►
🧼 Use coupon code “stacker” to save 10% on nanosilver powered personal care products from Silver Botanicals ►
🟢 Join Other Smart Stackers On Reddit ►
📣 Follow me on Twitter ►
📷 Follow me on Instagram ►
I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective.
Some of the links provided in this description are affiliate links. If you make a purchase using one of those links I may receive compensation at no additional cost to you. Thank you for supporting this channel in this way, or any other!
#silverprice #silver #bailouts #SVB #signaturebank #financialcrisis #economiccollapse #physicalsilver #silverpremiums #bullion #gold #goldprice…(read more)
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
As the global financial crisis hits a fever pitch, governments around the world have begun bailing out their respective banking systems. While this may provide much-needed relief and stability for financial markets, this action has also resulted in an increase in the price of silver.
Silver has always been considered a safe-haven asset, much like gold. It provides a tangible asset that is immune to the fluctuations of fiat currency. When the value of paper money drops due to inflation or uncertainty, silver becomes a valuable asset that people can turn to for security.
With banks getting bailed out left and right, people are flocking to these tangible assets, driving up the prices. The demand for silver has increased so much that premiums, which are essentially the markup on the spot price of silver, have also gone up.
Premiums are typically determined by a wide range of factors, such as the source of the silver, the amount of silver purchased, and the seller’s location. However, with the sudden increase in demand, premiums have gone up significantly, resulting in silver costing more than its spot price.
Even though the actual spot price of silver has been relatively stable, the premiums have skyrocketed. Some sellers are even reporting premiums as high as 50% above the spot price, a significant increase from just a few months ago.
This unexpected surge in demand has also led to a severe supply shortage, making it hard for investors to buy silver. Silver shortages have already been felt in the coin market, with some bullion dealers unable to keep up with the demand for silver coins.
While this may be frustrating for investors looking to invest in silver, it is important to remember that silver is still a valuable asset. The sudden increase in demand may have caused a slight fluctuation in the market, but it is still a relatively safe investment.
Furthermore, while the increase in premiums may be concerning, it also indicates a high demand for tangible assets, reflecting a lack of confidence in the global financial system. This trend is likely to continue as the economic uncertainty lingers on.
In conclusion, while the recent increase in premiums may be alarming for some investors, it is simply a reflection of a high demand for tangible assets in these uncertain times. Silver remains a valuable asset and a safe-haven asset, and investors should consider adding it to their portfolios.
Total amount of cash in banks is around $21 Trillion.
Amount uninsured is around $11 Trillion.
Amount insured is around $10 Trillion.
Silver premiums from reputable dealers are so high that it is irrational to buy Silver. Bullion .
I was eyeing a 1/4 gold eagle on apmex. It was 580 last week and its 640 or so this week
wait for the sell off and then buy cause there's always a dump once the price goes up quickly
This is just an Advertisement…..
Govt cannot allow financial system to default. That would be beyond anything we have ever seen.
I bought 2 1/2 oz gold coins 3 weeks ago…just lucky not a fortune teller.profited from a spur of the moment purchase.sometimes your gut is right.
Saying high premiums is due to greedy dealers is lazy. It's no different than saying inflation is due to price gouging. There are plenty of market forces that determine price, and its important to note when premiums go up for the buyer, they almost certainly are going up for the dealers as well.
Interesting people think bullion dealers are just greedy…. I take it as a good thing means demand through the roof. Stack on apes and lions our vindication is coming.
this whole spiel justifying dealer premiums instantly going up before market supply could even react sound like they're coming from someone with a vested interest from a major bullion dealer. SD Bullion maybe?
Dealer are greedy. Especially those that get eagles from the mint directly.
Yep. Eagles went up during the weekend.
You should just dollar-cost-average, that way there's never any reason to kick yourself or congratulate yourself. It really makes stacking completely stress free.
I have used SD Bullion , although I must say when youtubers add them to the information theme , I generally disregard the video as propaganda for SD bullion.
I'm on break buying silver until prices are lower.
Squeeze
800 million oz…A whole years worth of silver was just traded today on the fake SLV paper market. Thats how they keep the price down! MANIPULATED!!!!!!
Good video. One thing you didn't mention that made SVB unstable is the involvement in ESG INVESTMENTS. JPMORGAN has the exact same problem in that they have large investments for the virtue signaling of ESG which are not for the protection or profitability of their investors or the company.
How in the world do you have so much silver? You always have so many different pieces! What do you do for a living my man? I gotta switch careers!
50% of the "experts" that have been interviewed say that this is just the beginning and the other 50% say that the situation is contained and will soon be benign. So it's a little bit difficult to reach a conclusion but I have a hankering that it will be the former.
Ordered a 10 oz random bar last Thursday but was kinda wanting two but it's all good I'll hold out for a while til the FOMO wears off.
"Receive my instruction,
and not silver,
And knowledge,
rather than choice gold;
For wisdom is better than rubies,
And all the things one may desire cannot be compared with her." Proverbs 8:10-11 <><
The dollar is wrecked and they can only save the financial system by converting to a cbdc. Government moves too slow and is too greedy to save itself which will be beneficial to the people eventually.
SVB CFO was ALSO the CFO of Lehman Brothers Bank at the time of their collapse, Biden told Israel to get their money out of SVD weeks ago and the SVD CEO sold 2.6 BILLION dollar's worth of stocks two weeks before the bank went under. M2 money total is 21.2 Trillion but the ACTUAL physical currency available to cover that is ONLY just over 52 Billion. The treasury has printed more money since 2020 than in ALL previous years combined.
i just picked up 9 more ounces today getting close to 600 oz of silver
Premiums go up cause supply is going down I will buy old silver numismatics till price is right I see it and I collector also enjoy your videos you are smart
Got a good deal from SD during that low. Wasn't perfect but I saved 100 dollars.
i do not care about premiums because I WANT MY LCS TO HAVE HIS DOORS OPEN WHEN I ARRIVE.
It sucks I missed .that dip….but honestly constantly watching the market gets stressful
tell me when gold is 0k an ounce. adjust for inflation from 1980.