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Record! U.S. Mint Sells Nearly 3/4 Million American Silver Eagle Coins In One Day!!! Video

Silver is down about 25% from the most recent price correction. The funny thing is that just because the paper price determined by the COMEX has fallen, demand for the metal has actually exploded. Don't be fooled by the Silver paper price.


The analysis and discussion provided by MoneyBags73 is for your education and entertainment purposes only, it is not recommended for trading purposes. I am not an investment adviser and information obtained here should not be taken for professional investment advice.
The commentary on MoneyBags73's videos reflect the opinions of MoneyBags73.
Your own due diligence is recommended before buying or selling any investments, securities, or precious metals.

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Comments on "Record! U.S. Mint Sells Nearly 3/4 Million American Silver Eagle Coins In One Day!!!"

why do you? care ...
why do you? care if people like silver ?

@debateyourfaith ...
@debateyourfaith The important? thing is to cover all bases. We don't know what is really going to happen. What if what you are talking about doesn't happen and we just have a currency collapse. I would want to have gold and silver, but if what you say does happen I hope my food supply is large enough by then to make a difference.

So moneybags, when ...
So moneybags, when the s**t hits the fan, lets say Yellowstone blows, just who is going to cash in your? silver or gold. Just how are you going to cash it in ? What is the US dollar going to be worth when the entire hemisphere is under a blanket of snow for a year. The cataclysmic events are the ones we should worry about, not the banks failing or wall street collapsing, those are survivable and need to be restructured anyways Money isnt the answer, humanity is

@AlamoCityCello You ...
@AlamoCityCello You can't predict. Buy a few in? a time for now.

Why 1000? oz?
Why 1000? oz?

Their is not much ...
Their is not much difference between paper and physical market, they both trade at the same spot price, premiums not included. If the JPM's of? this world are gone, then we're talking differently, but that day hasn't come yet.

I think price ...
I think price predictions from all you silver prophets out there is just hilarious. If your predictions were spot on accurate, why do you guys bother making YouTube videos? I would think that you would want to keep it a secret so that you can buy more of it yourself at a low price. Sounds more like a? pump-and-dump scheme (or a way to increase ad revenue from your channels) if you ask me. FYI, not bagging on precious metals--just all the Nostradamuses out there.

@AlamoCityCello I'm ...
@AlamoCityCello I'm talking about savings. A medium of exchange for goods and services. You cannot be mobile with a whole house full of tools, food, meds and other supplies. What will you do if you have to leave? What will you take with you that can be used to purchase those items at another location? In a collapse of empire like we are seeing now in the U.S. - you may not be able to stay at your home. You may have to move? away to safety without the means of automobiles. Good luck.

@clearasvodka " ...
@clearasvodka "Silver and Gold? are the only safe havens from the final collapse which is coming" WRONG! Food, Water, Ammo, Firearms, Meds, Tools, and Land are all safe havens as well. PM should only be a small part of your wealth.

90% accuracy ...
90% accuracy trading is now a reality. If you want to get? rich invest in gold! Come visit my website, just google Gold Trading Academy to learn more.

@AlamoCityCello ...
@AlamoCityCello MOST silver and gold predictions have been wrong. Even the experts get it wrong. The point is to buy and hold for the long term. Silver and Gold are the only? safe havens from the final collapse which is coming possibly as early as this month. Who cares if it goes up or down 5%. In the long run it will kick ass!

@MoneyBags73 What ...
@MoneyBags73 What you are advocating is a lopsided and dangerous position. This form of speculation has inherent risks that you just don't acknowledge on your channel. You are promoting a strategy that locks wealth in? an inert and suspended state. These assets add nothing to GDP. Nor do they offer any real service to our nation. Much better is to invest in knowledge, skills and tools. Offer real value through the service of our labor. This is what made America great!

@AlamoCityCello ...
@AlamoCityCello Silver at $32.40 Let's check your short term prediction skills. You feel sorry for the people I told to buy near $50 and I guess you are equally elated for the ones who took my advice 2 years? ago and loaded up at $15 too. I promote a long term buy, hold and accumulate on the dips strategy. I have said buy at $15, 20, 25, 30, 35, 40, 45 Those who bought at 50 will be even soon if they matched their buy here at $30 and averaged their position.

@MoneyBags73 If ...
@MoneyBags73 If memory serves, you made LOTS of short-term price predictions. Most of which have proven false. I feel sorry for all the people that took your advise, and bought silver at $50. LISTEN UP FOLKS, HOLD DOLLARS FOR NEXT FEW MONTHS! PHYSICAL SILVER IS? GOING BELOW $30 SOON!

@AlamoCityCello ...
@AlamoCityCello We? need more dumb asses like you, go buy 30 year T-bills :-D

@AlamoCityCello ...
@AlamoCityCello Funny how some people need to insult others to make themselves? feel good. Speaks volumes!!!

@AlamoCityCello "In ...
@AlamoCityCello "In fact, most of your silver price predictions? have been incorrect for the last year! " In January I predicted we would see $1,900/oz of Gold and it hit $1,920. I predicted $55 Silver this year and it hit $49.50 (Yeah I have no f**king clue what is going on with the metals.)

@AlamoCityCello ...
@AlamoCityCello RandyTooth I never claimed to be able to make short term predictions on markets. The Dollar can bounce around all it wants but that won't change her fate. You are pretty funny trying to turn people away from my channel. Opinions are like You know what we all have one. The truth is? that I do believe in making long term predictions and few have come close to my January predictions on silver and gold this year. My copper prediction was off because I don't know much about it.

@daobesebeast Easy, ...
@daobesebeast Easy, 40% drop is in the paper market not the physical. I called my local shops, 3 in total the day it was down15%. ? They were sold out. Completely. Couldnt buy a silver spoon let alone a round or bullion. How can you ignore the difference between selling on the ground and selling in digital markets? I've never had a trading account in my life, nor a broker. If I did have an account, i'd short investment banks, go long PSLV, and let you eat my dust over the next 5 years.

@lilbromarky1 I ...
@lilbromarky1 I understand it more than you my friend. Funny how you avoid the question as to how a hedge (such as silver) can lose 40% in 1 week? I have dedicated my life to informing people to the dangers of investing in precious metals. PM's are not protection or a hedge. I have a feeling that you tried the paper game? and got crushed and lacked the skill to short.

@daobesebeast If ...
@daobesebeast If you're that worried about the spot price you must not fully understand what it means for a nation to owe interest on its? own money supply. Its really that simple. Please try to wrap your mind around it, as it is terribly important to understand this.

All the powers to ...
All the powers to be have to do is, raise margin requirements and they can cover almost all thier short positions. They will shake out the physical holders and have them selling? like they always do. Long live SLV

That huge ...
That huge disconnect from futures and options means nothing to the little guy that has several hundred ounces. Because if they "can't stay the course" as you speak of then they must sell for what the market bears. This silver and holding as a hedge is? hard to convince when it loses 40% of it's value in 1 weeks time! Two times in all of known history silver has ever reached $50 dollar an ounce? All this demand and where is the price? Barely maintaining 30 an ounce. Continued above......

the masses? dont ...
the masses? dont see it as a currency yet. they still see it as a commodity.

Simple minded ...
Simple minded investor strategy here. The plain truth is, for the last 6 months the Dollar has strengthened and silver has weakened. Mostly do to the Euro mess. You failed to predict this rally. In fact, most of? your silver price predictions have been incorrect for the last year! Well informed and perceptive investor would do well to ignore this channel and do their own research. Remember, Kool-Aid comes in many different flavors! lol

I wouldn't even use ...
I wouldn't even use paper currency to wipe? my ass

One of your best ...
One of your best posts! Thank You?

I'm not sure the ...
I'm not sure the sunken ship will have much impact. It's not even up yet. If they do get it? up, chances are it will have no effect on us silver buyers. Most likely, it will be melted down into commemorative coins on sale at 1am on an infomercial for $150per ounce... Better off buying for weight not intrinsic value. IMO

if you don't have a ...
if you don't have a position on the real thing...keep stacken...once you have your position buy the dipps... make sure you have atleast 1000? oz if you can...!

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