It's getting really hard to get this stuff.
And if you're not at the top of the food chain, like we are in a few
of the other online companies are, you're dead in the water.
You're going to have nothing.
I think that people are waking up to this.
There's just not enough of the product and a lot more interest in
money chasing it.
So it's happening.
It's the closest thing.
I've seen, really since the silver squeeze first week of February,
which was legendary was really, you could almost make a movie out of
it, and I'm not being facetious.
Last week, our company sold, 500 thousand ounces of silver, give or
take a few ounces.
And I mean that's that's unheard of and I believe that we will see
more and more and more of this type of environment where look people
are waking up to the realization that the FED is trapped.
They're waking up to the realization that the government is coming
after you.
- your wealth in the form of more surveillance and higher taxes in the
new tax.
Bill. They talk about monitoring bank accounts, brokerage accounts, venmo
PayPal crypto Exchange accounts.
Everything and this is in the proposal where we're one step away from
no privacy whatsoever.
And I think that people are waking up to and there is a much bigger.
Bigger level of Interest amongst people who have been very successful
ignoring precious metals forever.
And I think when you look around you, where to put your money, what
alternatives?
Give you privacy potential safety safety.
From the craziness that we see around us.
There really are no places to go.
To me, gold is the only way to plan ahead and silver.
I have a bad habit of meaning.
Both when I say gold to me, gold is kind of all-encompassing.
But the only way to plan ahead for what's coming, in.
My opinion, would be precious metals and I think that's permeating
It's permeating into the mainstream.
I mentioned this last week when we talked that the orders are getting
big and that would be my concern that we have an inability to
efficiently efficiently, you know, get product to people and it's
happening.
I mean the US Mint came out today.
Day to us, authorized representatives and said they're now going on
allocation on Silver Eagles.
Here we go.
This is exactly what happens when this stuff starts to happen, you're
running into a day, an environment where price inflation is going to
start to exert itself again, where there's just not enough of the
product and a lot more interest in money chasing it.
So it's happening.
And I think,
When I, when I know you could Echo this, when we look at what we had
on the shelves, last week versus what we have today.
I might head Trader got up at the crack of dawn and and literally his
text me want to read this to you real quick because I found it kind of
funny.
I bought the whole ship of silver, kangaroos getting bound from the
Perth Mint that left on Friday.
So I'm he's not joking and we bought 75,000 silver, kangaroos.
They'll be here in a week.
We hope we bought a whole bunch of philharmonic's because we sold out
of them all.
Have 25,000 this week, 25,000 next week.
It's getting really hard to get this stuff.
And if you're not at the top of the food chain, like we are in a few
of the other online companies are, you're dead in the water.
You'll going to have nothing and when it when you have to call in on
favors and reach out to people who you've known for a long time, pay
immediately and hope that you get it.
This is a precursor to what I've been talking about you for the last
year and a half supplies, getting tight.
And it's only going to get tighter.
It doesn't matter what the price is doing.
People are scared.
So they, it is what it is.
I guess we'll see what next week brings.
But look, I think that these things are happening and people are going
to have to, I think, maybe even if they don't want to make a purchase
sooner than later, run the risk of just not getting product or waiting
with, really?
Really long delivery delays.
I spent all week trying to find them after my promise to try to bring
some of these to you last week.
So as far as gold goes, if I had my druthers using the only coins I
would own whether you get them circulated and not certified
uncirculated and certified really isn't the determination to what you
should own just to the respect that when you show someone a coin that
has
1880 year on it, and it's made in the US and you can say this was in
someone's pocket.
A hundred thirty years ago or whatever a hundred fifty years ago.
It's really amazing.
And I don't know I think that for gold lovers out there.
Everyone should own some of these and the nice thing about the fives
in the tens.
If they give you utility, if you ever needed to trade with it, barter
with it, what have you?
But from a standpoint of just flat-out.
Interesting?
Saying that in the end we want to be in gold and we talked about
buying silver at a ratio of 75 to 1, but when it gets 40 or 30 to 1,
I'm a these screaming and the goal and my only fear and concern is
coins. Like these will be long gone when that happens.
And, you know, maybe we'll have to settle for one ounce, gold bars or
Maple Leafs or Eagles of coins, like these, which haven't been minted,
400 over a hundred years.