Hello #silvergoldstackers. I am back! I was a wedding anniversary coordinator over the weekend, which I'll tell you more about in my next article!
First, let's continue from where I left off.
Yeager's Poured Silver
or YPS for short, has been producing and marketing hand-poured silver bullion bars since 2012. The Silver Slackers YouTube channel is where I initially came across them. If you haven't heard of Silver Slacker, he is by far the largest stacker I have ever encountered!
SilverSlacker protects his money by making real estate, gold, and mostly silver investments. And he shares the knowledge he has gained in stacking with us, the YouTube Silver Stacking Community. My goal in being here in the #silvergoldstackers community is to achieve just that... to share and learn more about gold and silver!
YPS founder and owner, David Yeager, has perfected the craft of hand-pouring/casting some of the most well-crafted silver bars. from the small 1/2 troy ounce to the large 1 kilogram and bigger. David likewise provides art bars of a variety of shapes and forms, like lion heads, pyramids, and skulls. He also pours silver bars with holiday themes such as Halloween and Christmas.
YPS bars are priced higher
than most hand-poured silver per ounce in general. Just like any kind of asset, silver is worth the price that anyone would pay for it. I usually don't buy silver or gold because I solely want them. I buy YPS bars because the quality of the bars is so worth it.
Value is very subjective and goes beyond the basic metal.
When you pay for silver, you have to acknowledge that you are paying much more than the silver it contains and that you might not be able to get your money back if and when you decide to sell. Should you proceed with the purchase and buy the silver just because you want it, you have to live with the possible loss of value. Don't be shocked if you are unable to resell the silver in the future at the same premium. Trends change over time. For example, some people who currently pay twice as much for Geiger squares may be furious in future years should they lose the majority of the premium they originally paid for.
Poured silver bars tend to keep their premiums on the secondary market better than other types of silver bars, which makes this next point crucial.
Selling contemporary or modern silver bars for more than spot is just not possible. Indeed, there are some specialized markets where they could fetch more than spot, such as when actual silver is in limited supply. But these situations are not likely to occur, though, so you can't rely on them. To profit, you must be able to sell that silver at a premium too!
Regardless of the source, Yeager's Poured Silver always sells for a fair premium on the YPS website or on secondary markets like Ebay!
Reference
https://www.youtube.com/@TheSilverSlacker
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Gold and Silver Stacking is not for everyone. Do your own research!
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Thank you for stopping by to view this article. I hope to see you again soon!
I hope to see you again soon!
Hugs and Kisses 🥰🌺🤙!!!!
I post an article daily. I feature precious metals every other day, and on other days I post articles of general interest. Follow me on my journey to save in silver and gold.
