Geiger 5000Gram (5kilo) Silver Bars

Published 2020-03-16
As Silver drops below $14 an ounce, as the XAU/XAG ratio tops all time highs at just over 105 to 1, as the economy takes a down spill blamed on the ''Corona Virus'', it seemed like a decent time to snag some silver :)

Mining Ratio: 9 to 1
Historical Ratio: 16 to 1
Last 20 Year Ratio: 55 to 1
Current Ratio: 117 to 1

All Comments (19)
  • @Ctg507
    So that's why i can't find these
  • @sdbullion
    @5:12 those are simply oxidation marks, likely small holes in the plastic let air in and they blackened at those points. @6:18 half-truth take, when demand overwhelms our supply and we have limited recuperation ability with Covid issues, well premiums have to rise to make up for the lacking turnover of inventory volumes. If dealers sold off their inventory then at razor-sharp premiums they'ld likely be out of business by now. Kudos on your timing, that is one hell of a haul :)
  • @jeremys5904
    Sweet! Look good for being scruffy IMO. Anything Geiger is selling for TOP dollar right now on ebay. I am a Geiger nut. I just saw that Apmex has a new 10 oz bar coming out that is made by Geiger so I will have to snatch some of those.
  • Those are some honking logs of silver. Theres over 22 pounds of silver there, Holy cow!
  • What do you do with something like that? I would rather have 3 oz of gold, very nice bar though
  • @Silvertarian
    Premiums rise when dealers are worried about replacing stock. That's why most of the good stuff is just out of stock.
  • @MJ-zo5gb
    Well, if anyone tries to Steal your silver, you can just use your silver to defend yourself! 🤣🤣
  • Umm if silver goes to $1000 dollar people are going to buy , don’t be dumb the reason the price is there is people want then even at that price. Silver and Gold Are liquid you can sell it regardless but the thing is if the person who is going to buy will take advantage of you.