Message:

<p>[QUOTE=&quot;krispy, post: 1941954, member: 19065&quot;]The harm I see in them runs deep and most don&#039;t seem to see it or where it leads.</p><p><br /></p><p>The harm is in the &#039;preachy&#039; 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. </p><p><br /></p><p>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. </p><p><br /></p><p>Their general nervous anxieties about the world, and economy they can&#039;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. </p><p><br /></p><p>Activities, like unboxing, draw people in while a message justifying the purchase </p><p>is dragged out. Some of these videos run on for 10 or more minutes! </p><p><br /></p><p>The harm is that companies selling them these products they endlessly consume, love that they mention their brand names. It&#039;s free advertising. The &quot;deals&quot; and &quot;offers to make free shipping&quot; 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. </p><p><br /></p><p>The harm comes from convincing themselves and their &quot;online community&quot; 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. </p><p><br /></p><p>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&#039;t been at it long and nor has the bull market&nbsp; 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&#039;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&#039;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?</p><p><br /></p><p>The dealers have gimmicks too, as I mentioned earlier and they are the biggest ones to be wary of. Offers of anything &quot;free&quot; 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&#039;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 &quot;dip&quot; 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.</p><p><br /></p><p>I think there&#039;s plenty of &quot;harm&quot; 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&#039;s investment holdings.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in