Billionaires Becoming BULLIONaires

his camera pan shows off 20 wooden pallets with 50 American Silver Eagle Mint Cases strapped, stacked, and plastic wrapped for distribution warehouse shipments by truck. Each green case is heavy, like 40 pounds each. Nicknamed monster boxes in our industry contain 500 ounces of #SilverBullion coins. So we just garnered a half million ounces of #AmericanSilverEagle coins. This week in the physical investment grade precious metals industry. Word is a United States domiciled billionaire has recently bought 900,000 American Silver Eagle Coins, as well some pre-1964 90% Silver coinage, and the rest supposedly in American Gold Eagle coins. A total fiat value purchase tranche of $50,000,000 fiat US dollars converted into precious metal US legal tender #bullion coinage with the claim that there will be more bullion buying from this billionaire to come. SDBullion.com’s CEO Tyler Wall was on WallStreetSilver to break down this news; here is just a bit of what Tyler had to say. Over a year ago, we published a video about growing high net worth bullion buying on this SD Bullion channel. It’s hard to overstate how much capital the identifiable highest net worth estates in the USA control. And with price inflation worsening as this decade unfolds, just how much capital could come stampeding into this tiny physical bullion industry when fiat currency confidence starts crumbling.

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