Stimulus and High Premiums are driving me to Generic Silver Bars & Rounds
Автор: Florida Stacker
Загружено: 2020-05-02
Просмотров: 17919
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I want to stack A LOT of Silver and so this Pandemic can't slow me to far down. My Silver Stack is primarily American Silver Eagles with about 30+ ounces of Royal Canadian Mint Silver. However even though both the US mint and the RCM are pumping out Bullion in droves to meet demand the premiums are still like the rent "to damn high". So I've bought some "High Premium Silver" these days, AKA American Silver Eagles and I have about 40+ ounces of RCM Silver on order for future delivery. I'm quite happy with where i am at with American Silver Eagles and RCM Silver given the current premiums and my newly established weight. So to keep my dollar cost average from rising further I've decided to switch my focus temporarily to accumulating generic silver bars and rounds at a better FIAT conversion rate to the current price for American Silver Eagles or Canadian Maple Leafs. I haven't bought anything yet as i'm already paid and waiting for Eagles and RCM products but you'll be seeing some Generic Rounds and Bars later this month hitting the channel and I encourage you to consider the same to maximize your weight in Silver while all Silver, Sovereign or Generic is in High Demand.
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I am not a Financial Advisor. I am just a regular guy trying to make a living and doing the best i can. I Love to accumulate Gold and Silver Coins and Bars as part of my financial strategy. I believe in wealth retention through physical accumulation of Gold, Silver & Platinum Coins, Rounds or Bars but also enjoy investing and trading in the stock market. Please consider subscribing and thank you for watching today's video.
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