I find great joy in watching SILVER unboxing video

Almost everyday I would search for all the latest Silver unboxing video on youtube.

I like to laugh and cry along with them.

You guys enjoy them as well?

 

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The videos are an interesting phenomena from the area of vlogging and this recent bullion bull market. Some of them though really need to be edited in time, cut to the chase (fast forwarded mode shown during prying open tape and seals) by just cutting open a box, and spare their redundant precious metals soliloquies, which all too often stand more to justify their repeated purchasing of small bits of metal over and over, and in their insistence that it's the only way to invest or that the "offers" they've taken advantage of in acquiring the metals made it a no brainer to buy more. Many of them in their unboxing, need to invest in a tripod. Also to consider the amount of waste they create from all the packaging they are generating in shipping the contents to themselves, and in accepting and wasting by grossly ripping and tearing into. They could open these more carefully so as to reuse some of the containers.

While such videos have existed for many years for video games, iPhones and such, it's interesting now that the conspicuous consumption of bullion, something traditionally uninteresting to share and which was discreetly acquired and tucked away, has become a public (virtual) spectacle. In that, it is less about bullion investing (stacking) than it is something of a display about people driven to portray some visual record of their psyche for a given behavior or stand they feel compelled to make in their beliefs. The real drama may come when they have to sell from their stack... but will that be televised?

 

I have made some but don't want to start posting them on there. Maybe one of these days I will I just don't wan't any weirdos emailing me about how everyone can see my Geo information. I do really enjoy some of them

 

In short, videos like these are a crock of sh.............erbe............t!

Chris

 

I don't see the harm in them. I don't make them for several reasons, but I can't hold it against anyone that makes them. To condemn them is lame, why condemn them for something they want to do and probably enjoy. It can't be that hard to move on to another video...

 

BigStackMcgee is good at fast forwarding the opening part so we can get to the silver.

 

Oh I know exactly what they are talking about up there. They are talking about that guy that pulls out various deadly weapon just to open up a package.

Samurai Sword, Battle Axe, Flamethrower...etc..etc..

 

I like BigStackMcGee's videos too. I just don't do them because they're so time consuming. Now, if I could get enough hits on there so I can put ads and become a Youtube star, then sure. But, people would rather watch Justin Beiber's shenanigans.

 

Maybe you don't see the harm in them, but we've had more than our share of untrained newbies who have met with great disappointment because of contrived stories like this.

Chris

 

Whenever I start thinking coin collector's don't have lives, I just read about Bieber fans.

 

The harm I see in them runs deep and most don't seem to see it or where it leads.

The harm is in the 'preachy' tone many of them take. In video after video, it becomes a mantra for why to stack, for what to prepare for and in repeating things they heard or read some other place with little to no sourcing of information, but repeated because it fits their motive justifying buying more.

The harm is that by associating with a group also doing the same action they feel justified in buying more. They create the video as a confirmation of a monthly goal to add x-amount of ounces. They become consumed by the activity of consuming, buying, shopping, getting deals.

Their general nervous anxieties about the world, and economy they can't control, and their own finances, are obsessed about and dialed in to them to the point of righteousness. That their activity is protecting them from something.

Activities, like unboxing, draw people in while a message justifying the purchase
is dragged out. Some of these videos run on for 10 or more minutes!

The harm is that companies selling them these products they endlessly consume, love that they mention their brand names. It's free advertising. The "deals" and "offers to make free shipping" only serve the dealers because they are after the thing these precious metals bugs outright reject, yet are totally dependent on in acquiring their bullion, cash.

The harm comes from convincing themselves and their "online community" that the reality they perceive and the economy they think they understand is operating in the way they see it and that their decisions to broadcast the message is justified.

They have all sorts of gimmicks for getting people to watch, fast-forward play during openings, taking on a humble stacker voice, or a matter-of-fact tough guy voice, strange voice guy, show my cat guy, making a news type message, acting the laid back collector guy, knife guy, costumed superhero-ish guy, opening boxes in cars, outdoors, etc... They haven't been at it long and nor has the bull market held up all time highs for very long. The continued regular buying will catch up with some of them. Holding for decades until another spike isn't in most peoples realm of patient investing either. Some have been forced to sell and a few relate that experience with heavy hearts. As I said earlier, the real drama may come when they have to sell, but will they equally broadcast losses the way they anticipate raking in profits? Those trying to convince you of buying certified bullion or limited edition bullion may have a nightmare ahead of them. If any time comes to sell and it's at a loss, will they equally share the error in their choice of investment paths, in the errors made justifying every single purchase, in urging others around them to do the same?

The dealers have gimmicks too, as I mentioned earlier and they are the biggest ones to be wary of. Offers of anything "free" are usually anything but that. They use these bullion video guys to rebroadcast and share discount codes or timed sales of amount of products to get free shipping, but the dealers end up raking in profits from volume of sales. The last one to profit is the buyer, and most of them have no idea if or when that will ever happen. They may hide behind the concept of a spread to shelter from losses, but all these small monthly purchases are mounting losses against them too. One thing that surprises me about these self-enlightened investors is why more of them don't save for longer and buy in greater quantity, in easier to liquidate form. Instead they are more eager to shop and buy and take advantage of an offer, or a "dip" in spot price, than to buy a large quantity for a better price. These silver guys slowly move into gold by buying 1/10th ounce (or smaller, yikes!) gold, rather than full ounces. Some race out and dump 10-50grand in kilo silver rounds or sheets of AGB then you never hear from them again after that grand unboxing.

I think there's plenty of "harm" that could come from the videos despite my personal belief that bullion is a solid investment and that some of it should form a part of one's investment holdings.

 

Meh, I dont see the harm. No one can make you do anything. People need to make their own decisions - you can't protect them if they are gullible. There are lots of videos on the net about all sorts of stupid stuff - I dont run out and do it.

 

I don't think there's any harm either.
The videos are so boring that they aren't going to suck any newbies in anyways.
In investing, you're going to win some and lose some. If you lose because you followed some guy's Youtube unboxing video, well that's too bad.

 

I think you guys are more informed and less likely to succumb to such an urge or persuasions as collectively lie hidden in these videos. A lot of fools and their money get separated everyday for many things, these have an effect on people's psyche and behavior. They are rife for materialistic consumerist tendencies and in some ways rather cultish once one submits to the messaging. One of the concerns isn't just winning some or loosing some, in many of these, these folks are all in one investment, and if they loose, they loose pretty much all.

 

I agree with the dangers, and I totally agree with the "psyshe" of the your first post, it was spot on, but this is still a free country. These folks are only expressing their opinions, likes, dislikes etc. This is their right. For the most part, these folks also have no bad intentions. These are not the folks I take issue with. The folks I have a problem with are the folks who peddle the "bullion mantra", knowing full well it is crap, and only do it to separate their targets from their fiat. The people behind the people making the videos are the problem. These are the unscrupulous ones.

 

I agree with you, though I see the videos as a blind proxy for the unscrupulous ones and there where the potential for more harm to subtly emerge through those expressing themselves. I don't by any means mean my comments to restrict anyone's free speech, however, these videos are hosted on the Internet, on websites that aim for commercial gains, and the Internet is not a country. While it appears to offer freedoms, it's not actually free in the sense of a democratic nation or state.

 

The fool and his money are soon parted.

 

A lot of great post in this topic. And on that note anyone want to give me a LIKE? All I want in life is to get LIKE on this site...I LIVE FOR IT

 

Actually that is kinda sad now that I read that out loud....<runs away>

 

NO Likes for You.....

OK..... Maybe just one