Silver and Gold are DOWN HARD.  Why precious metals have dipped and what to do NOW!
Channel: Yankee Stacking
Date: 2021-08-09

While I was on vacation, silver and gold spot prices took a BIG HIT!  In this video I boil it down to three reasons why gold and silver prices have dipped:  1) Better than expected jobs and consumer spending reports, 2) Investors convinced that the Fed will act to stem the tide of inflation, and 3) continued overall frenzy for momentum stocks.  I also speak to Tim Marschner of the Coin and Stamp Shop to understand what to do when precious metals drop below their 200-day moving average.  Is a silver price dip great for you?  Are you buying silver during this price dip?

Tim Marschner
The Coin and Stamp Shop (Tim ships!)
300 Granite Street
Manchester, NH 03102
(603) 624-4400

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Music By:  "Three Little Drummers from the George Washington Show" and "Bugle Feature: Pezel Twist from Warlike Musick" by The United States Army Old Guard: https://freemusicarchive.org
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Music licensed under a Creative Commons Public Domain Mark 1.0 License: http://creativecommons.org/publicdomain/mark/1.0

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Topics Discussed: silver, silver stacking, bullion dealer, silver dealer, gold, stimulus, economy, unemployment, jobs, wall street, stocks, federal reserve, fed, taxes, inflation, precious metals, stock market, coin dealer, silver price, spot price, invest, fiat currency, hedge, debt, wealth, stacking silver, stacking gold, stack silver, stack gold, silver bullion, gold coins, gold bullion, investing, investing in silver, how to invest, how to invest in silver

#Silver #SpotPrice #SilverDealer