Silver Bullion | Is Silver a Liquid Investment?

[SilverGoldBuddy]

thanks for sharing!~

[tekmnd]

You can buy/sell silver on both ebay and craigslist. Here in San Diego, there are MULTIPLE ads on craigslist everyday for people offering to buy silver for spot (especially Eagles and Maples). Cheers Tek

[Grouwth]

Hey man, first of all I like to say that I like the videos that you are putting out. At one time I was about to buy silver and gold, but I did not because I thought that the dollar was going to bounce back. Know that I see their prices are going through the roof, is know a good time to buy. Then again, does copper have a better chance of a higher return percentage.

[dirtydirty505]

I like this guy and all his vid;s... Silver= Liquid..... Any pawnshop in my town pays spot and some alittle over for silver:)

[pdxeddie1111]

of course its liquid you can barter, sell or trade it with anyone at any time in any part of the world and everyone knows what it is. gold and silver are the ultimate free trade mediums of exchange

[TheBlitz1]

silver is always in demand

[BillKville]

Jim, I've been trying to find someone who will buy non-standard rounds/ingots, but to no avail. These items do not have a well known mint mark, but are all stamped .999. Does your mint purchase silver? I could not find anything on your website.

[QualitySilverBullion]

@BillKville We do purchase silver if it is .999 fine. You are welcome to send it to us. We'll test it and if it is .999 fine silver, we'll buy it from you. If not, we'll send the items back to you. Call us and we can talk more about it. Thanks for the question.

[RAYDWVAN2010]

You might be an idiot fuck if you think silver will help when the

shit hits the fan.

You can.t eat or drink silver!

[rgvhen]

@RAYDWVAN2010 Umm, Gold and silver IS money, sir. Yes you can liquidate it for "cash/currency", but in and of itself it is actual money. If we did experience large increases in the currency supply which leads to price inflation, or in a worst case scenario, a hyper inflationary crisis, then yes in an emerging black market economy you will trade valuables, or in most cases, sellers will accept gold and silver in exchange for goods and services. It's been that way for the last 5000 years.

[rgvhen]

@RAYDWVAN2010 What you need to understand is that paper is not money. It is a receipt for money, which the banks held: gold and silver in their vaults. The public has basically been forced to accept paper as if it was money because government law decrees it so. But the health of the currency is only as healthy as the government promise. Gold and silver have been money through out history regardless of governments or policies, or paper currencies that have come and gone.

[rgvhen]

@RAYDWVAN2010 The reason why there is so much economic volatility today is because of paper currency. There isn't a single paper currency in history that has ever been successful beyond a few decades. Gold and silver have been a store of value since the earliest recorded history. When the dollar collapses, you couldn't leave the country and trade it for Euros or RMB/Yuan..etc. But you can take 1oz of gold or silver, go anywhere on the planet, and exchange it for said currency.

[rgvhen]

@RAYDWVAN2010 In the event of a total global collapse of worlds economic system, then yes gold and silver will return as the champions of the monetary battle as they always have through out history. The collective consciousness of the marketplace recognizes this and that is how it's always been. The paper system only benefits a government that controls it, and the inherent vehicle of inflation in paper systems (that's the only way it works) always wipes out the poor and middle class.

[rgvhen]

@RAYDWVAN2010 Ludwig Von Mises said, "The development of feduciary media carry within it the seeds of its own destruction. It must inevitably and necessarily lead to its breakdown". He was talking about paper currency. This has been recognized by many free market economists over the many centuries. And the results of history are against those of the Keynesian school of thought.

[tek2advance]

Who was it that bought above spot?

[QualitySilverBullion]

@tek2advance A dealer we have a relationship with that occasionally we convert bars to new rounds for them. It is a unique situation, but I would recommend that those buying silver, build a relationship with the dealers in your area. Take some of your silver pieces in there and get a ballpark price of what they would pay. If your silver is uncirculated and always handled with gloves, it's possible that you might negotiate a better price. You might get a better deal doing that.

Did that answer?

[rolficus]

what about the inflationary price when silver goes up will dealers buy silver at its peak price ?

[QualitySilverBullion]

@rolficus Excellent question! There is only a small % of people that invest in precious metals(See our video "What do People Know About Silver?"). We will see them continue to lose on stocks, bonds, real-estate, etc... until they turn to precious metals. In my opinion, we will see more and more people investing in silver, which would provide an ever increasing demand. I can't tell you when to liquidate your silver, but I believe that you will be able to when you decide.

Thanks for the question

[goldcurrent1]

@rolficus If they dont, maybe you can take it to the bank and buy real estate you could rent out for cashflow. Assuming you still would want a currency by then thats still not backed by gold or silver.

[TheBrotherMouzone]

Now you just gotta wait a couple of years until hyperinflation in the US dollar. Then you will be able to pay off your mortage with 1 ounce of silver :D

And when silver gets overvalued and real estate undervalued, you will cash in your silver and buy lots and lots of real estate :)

Right?

[kc9gpj]

My grandparents had a similar situation.

They were $50,000 short on a property purchase. We couldn't figure out how they were going to come up with the money. No problem. They sold there gold stash that they were hanging on to for 50 years.

[ukulelectric]

How did silver allow you to purchase a home? are you saying that the $300 increase in value made all the difference?

[QualitySilverBullion]

@ukulelectric thank you for allowing me to clarify. Had we not bought silver a long time ago and put it away, we would NOT have been able to pay for the complete down payment on the home at closing. Therefore we would not be in the home that we are currently in. The $300 increase was just a bonus :-)

Did I answer your questions completely?

[Heidelager]

The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value

[silverdollar3]

@Heidelager many ebay sellers say .900 fine silver, when actually it's .625 on all nazi bullion 2 & 5 mark 1936~'39 coins

[Heidelager]

@silverdollar3 Hi. We all know that ebay sellers are not all above board with their leve of knowledge. :) With absoulte CERTAINTY, I can inform you that the 1936-1939 2 Reichsmark is .625 (62.5%) silver while the 1936-1939 5 Reichsmark is .90 (90%) silver. The 2 Reichsmark coins each contain 5g of silver while the 5 Reichsmark coins contain 12.5 g of silver.

[Heidelager]

@silverdollar3 WRONG. 2 Reichmark coins are .625 while 5 Reichsmark coins are .90. That is a 100% fact.

[DirtyVegas7]

I love that sound of that Silver at the beginning and end of the video...their is nothing else like it.

I LOVE THAT SOUND...I'm glad you chose that.

[mtmjr77]

I had purchased a gold rope chain for $180 and wore it for 5 years. I was struggling earlier in my career and I needed some extra money. I went into NYC and sold it on 47th St. for $200. It took me about 5 minutes. That was the day I learned the value of precious metals!

[QualitySilverBullion]

Isn't it so nice to put money into precious metals, and know that it can be used at any time you need? Whether it be unemployment, hedging inflation, or heaven forbid an economic collapse, etc... For me it is a safe hold to turn to when all of my other supports have gone out.

Thanks mtmjr77

[julianmck]

Buy silver over gold. Silver is used in industry but gold is just hoarded. The law of supply/demand. I Heard from a very reliable source that gold standard is coming back. Don't believe me? Check my silver collection!

[QualitySilverBullion]

@julianmck,

Thanks for your comment! If possible do you have anymore info about the gold standard returning? I'd be really interested in learning more. THanks!

[madedd02]

whats better to invest in gold or silver?

[QualitySilverBullion]

That's a great question but one that we don't have the answer to. It depends on what you are investing for, how much money you have, what the gold and or silver markets do, etc, etc, etc... If I said one or the other then I would get all sorts of different emails arguing which is best.

Honestly it depends on your own situation. Hope that helps.

[phoenixrising2430]

Silver would most likely be best, just as julianmck was saying. Ten years ago, silver was at $4.75/oz. And since there are basically no stockpiles of silver left above ground, it can probably shoot past $20/oz. by the end of this year. When we think of the recent crisis that took place in Haiti and Chile, they will need a LOT of silver once they start rebuilding. Electronics, phones, water filtration systems, etc. that need to be repaired/replaced. All those require derivatives of silver.

[QualitySilverBullion]

@phoenixrising2430 nice observation, and it seems that we are seeing an increase in natural disasters.

[partyhouse88]

how old are you??

[QualitySilverBullion]

23.

[mtwood992211]

these are bargain prices to strengthen your position

[MUDSWAT]

Silver is a liquid investment. Yes you can sell it, most coin stores or pawnshops will buy your silver. The only problem is selling it for a profit. If you get into it before it climbs you can make some money. It has to climb a good deal so I'm investing long term. When it gets up to $50 an ounce in 20 years I'll sell. If I sell now I'll lose the premium

[QualitySilverBullion]

Good point! Here's a thought: Some of the silver I bought 6 months ago I can already sell now and make a profit even if it's for a few cents under spot. Not a huge profit, but I am definitely in the black with some of my silver. I agree with you that holding it long term is a much better idea, but if the next 6 months reapeat what they did in the past 6 months, a large number of silver investors will be in the black. Just thought I'd throw that in.

Please share more experiences! Thanks a lot

[kauxkaux]

What is the premium?

[MUDSWAT]

A premium is an amount added by the dealer for getting the bullion as the middle man or numismatic value for real coins. It is around $2.00- $3.00 for bullion.

[QualitySilverBullion]

Exactly. We like to call it the minting cost to be more specific. If you're paying $2-$3 over spot for bullion, it must be really prooflike bullion. In my opinion if someone pays that high of a premium in today's market, that's too high. But you are right, it has been that high, and it is possible that it might go that high again.

[MUDSWAT]

Yea the $2-$3 range is more like for ASE or Maple leafs. They are coins really, bullion coins..

Not just minting companies have a Premium too. Coin dealers will add one to the coins they get from the Mint.

You won't see that high of a premium on the generic rounds you get from. Q.S.B You skip the middle man and is a great deal. I want to order right now....!!

[QualitySilverBullion]

Thanks for your insight. I guess everyone has to make a buck. Unless you're Wal Mart at you're the only one that makes a buck. lol

Talk to you later MUDSWAT!

[mallamoozoo]

it mite not be as liquid as cash (yet) but its a damn sight more liquid than property!

[chimpanchu]

That's why it is better to buy silver rounds than coins. Because when you sell your silver, most likely you will lose the premium you paid at the time of buying.

[QualitySilverBullion]

Thanks chimpanchu! ;-)

[gone556]

just buy 90% junk silver

[Legion1937]

I wish someone would mint 1/2oz & 1/4 oz bullion coins. If we ever get to a barter system those coins will be badly needed.

[Johnnybluejohn]

@Legion1937 apmex sells 1/2 ounce coins

[Legion1937]

I know. But more mints need to produce them.

[Instrumentally]

Monarch Precious metals prints a bunch of different sizes I've bought a few and there great quality.

[Legion1937]

they seem a little over priced. I have a 1/4 silver round from them.

[Instrumentally]

@Legion1937 Yea your right most of those smaller portions are pricey because there not cheap to mint. I do own a few because there cool but I try not to buy anything lower than a half ounce since I can't get anything smaller than that for a good price.

[D33Lux]

The responses I keep running into when I shop around is "Do you have any silver or gold you would like to sell" I laugh and say "NO" I'm here to buy and they tell me that they cannot hold on to the metals. One dealer in a matter of an hour sold 50 oz of silver 1 oz pieces I was going in to purchase. I think in the long run the question won't be if you can sell, it will be "Do you have any more!"

[QualitySilverBullion]

I agree 100% with you. I spoke with a customer the other day that believes that in the future, precious metal dealers will act somewhat as a bank does now. I found that idea to be very interesting, and the crazy thing is that he could be exactly right.

Great Comment!

[Legion1937]

i just bought four more 1/4 from monarch.

[DebtIsMoney]

Please let us know what dealers will pay over spot prices?

[blurbgurt]

I sold some of my silver bars to a dealer for cash last week in order to make a purchase!

[QualitySilverBullion]

Was it a hard process? Would you say that liquidity is a valid concern for not buying silver?

[blurbgurt]

It was a simple process, the dealer asked no questions and the transaction was very quick and easy. Liquidity is not a concern of mine. I believe one day it will be a standard process.

[QualitySilverBullion]

Thanks blurbgurt,

That's exactly what people need to know and I appreciate you sharing it!

[vincecate]

It seems like rounds are around $1 over spot, which is over 5%. I would have guessed that a machine pound a piece of silver in a fraction of a second would only add a few cents to the price. Why are rounds as much over spot as they are? Is it the energy to operate the machines? Is it the melting of the scraps from around the blanks? Is it the small volumes? If we bought 1,000 rounds how much over spot would it be? The liquidity is not as high as I would have guessed.

[vincecate]

To me we can measure liquidity by the gap between buy and sell prices. With silver rounds the gap is sort of 5%, which seems kind of high. Why is it so high?

[davfritz]

Think yourself lucky up there in the US... down here I can't get it for less than $5 over spot! So stop complaining about such a small margin!!

[QualitySilverBullion]

1) We can't buy silver at spot. We also pay a premium just to buy it.

2) It takes 6-8 employees in the process just to produce one coin.

3) Utilities are well over $2,000.

The list goes on and on. If you have ever operated a business you know that machines cost money. Fixing them costs even more. We have to make a living, and, I hope that eventually we can be your favorite mint too. Have a good day.

[vincecate]

You are already my favorite mint (I don't follow any other mint on youtube!). I think you guys are doing a good job. Just trying to understand the costs.

It seems the machines are already very advanced. Are the machines still improving? Do you see your costs per round going down much over time?

[QualitySilverBullion]

Great questions! I'll do my best to answer. We are constantly modifying our machines and when necessary, we purchase new ones to either enhance the minting process, or to replace the irreparable machines.

Now the cost per round...If I knew the exact answer to this question I would probably be giving financial advice instead of minting. Obviously premiums above spot have already come down a great deal from last year. If the premium comes down more, I assume that many small dealers will close.

[WhyMeWhySilver]

@vincecate Although I can only guess because I'm familiar with production process with other products.

[WhyMeWhySilver]

@vincecate If I produce an amount of 5,000 oz a day in 1 oz coins which would equate to (at a flat price of $15.00 which include all cost/premiums). The total run would be $75,000.

At striking a smaller (fractional) coin of 1/2oz a production of out the door silver would be half of $75,000 @ $37,500

The production process of a smaller weight coin doesn't automatically speed the production up faster since each coin has the same specifications throughout the process.

[WhyMeWhySilver]

@vincecate In other words because the coins are smaller, this would cause an assumption that the process would speed up. This isn't necessarily true because it's the dies that are changed. The process of coins per hour would not change. So thus we have to understand that there would be an additional premium charged for the fractionals. The dies are changed, not the speed of the press (that I'm aware of)

Now vinceate...this reflects only to production processes that I'm familiar with.

[QualitySilverBullion]

Great analysis! Switching out the dies is a very precise time-consuming process.

[Raycheetah]

I dunno how many folks have been in a position to use their silver-stored wealth in commerce, yet, but it is definitely liquid. If nothing else, you can find dealers online who will purchase your silver (though it pays to shop around for your best deal), and local dealers might be even better, if you've been a regular customer.

That silver you've stored away is ready wealth, which no one can touch but you. That's a comforting thought in these trying times. =^[.]^=

[WhyMeWhySilver]

Hi Ray! I always enjoy reading your post. I think there's one thing we silver buyers fail to do at times. And that's first off explaining how liquid it is. We mostly find ourselves, in excitement, explaining to those that we'd like to see get involved, the fundamentals of silver. Leaving those that might want to invest, skeptical because we fail to tell them just how liquid it is. For those of us that have bartered or bought with silver, now hoave a much more secure feeling about our holdings.

[daPerik]

thanx for your vids man!

[WhyMeWhySilver]

In the times of certain needs, it's great to be able to say. "Oh yeah, I've got some silver that I can sell or even barter with for this need"!

It works! I've used silver to barter with my pets Veterinarian charges!

HE LOVED IT!

[QualitySilverBullion]

Amen to that! Thanks

[DontTread0nMe1776]

@WhyMeWhySilver I offered my barber the choice of the usual $20 FRN or a Silver Eagle, he gladly chose the Eagle. And technically he would only have to show the IRS that he made $1. (Although none of us should have to show the IRS anything!)

[WhyMeWhySilver]

@DontTreadOnMe.....

Wasn't it cool to have someone say, Yeah, I'll take that.?" There's still those that know the value of silver :>)

Mike

[QualitySilverBullion]

You got it odin! Thanks a lot!

[odin422]

Keep puttin out the videos bro.

i like your company's style.