Gold is going down having nothing to do Trump Down another 100 since you filmed this. Gold will fall well below 2k to 1500. To all reading don't buy this. I predicted all crashes since 1980. Four over 50%. This guy is a salesman trying to convince you he;s an average everyday joe stacker. dont fall for it. $ stong and getting stronger. US GDP to debt ratio narrows under all Rep led branches as economy sky rockets which means risk on. Look at bitcoin risk on asset class. Geo polit. risks shrinking. Prdeictions of WW3 by bugs gone. China Central bank has nit been buying in 6 consecutuve months. Russia made announcement not abandonoing dollar so no brics currency. All hue negativebu t largest is paper swamping melting up and down when sentiment up or down. Traders control spot and are all dumping at once. paper swamps metal spot pricing..Expect 1500 which is fair market value. Buy at your own risk
Because you purchased yesterday, the market had to go down. In order for the market to go down, trump had to win. Therefore we can conclude, your purchase made Trump win.
The inevitable Republican tax cuts will ensure that deficits, and the debt, will increase even faster than before. And "before" was already unsustainable.
There is still 35 trillion in debt and counting. The dip is emotional response. The long term looks bad no matter who leads. Debt has to be paid or defaulted
As happy as I am that Trump prevailed and we regained the Senate and the House (almost) and the popular vote..first time in 20 years. The same conditions exist that exsisted last Friday and we are still in a recession. When the 4th quarter numbers are reported in mid January all the news will be about the Recession. Today’s drop was an exuberant response to Trumps victory. This too shall pass. Kate no mistake..I could not be happier that as the US declines were will have Trump at the helm to keep us safe ..it’s still on the same trajectory.
@@jisskk28 Exactly. What happens to most stackers is they pass away, the family inherits the metals, and they sell them immediately. The next generation doesn't give a crap about gold and silver. Investing into the stock market gives 50X the profits.
@@AmericanBulldogFitgold is money, and a 50x return is stocks sounds like speculation. i sold my house a few years ago and put the profit in gold. bought a house this year with some of that gold, which was up 100% compared to cash and beat the stocks by 30%. the underlying monetary policies have not, and will not change. debt will be inflated away and the currency will collapse. sure, stocks will go up - but in a worthless currency. during Zimbabwe's hyper-inflation, it's stock market outperformed all - in Zimbabwean dollars...
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
@@maddoxbromley6426 Agreed. Some do understand this but want the government to "take care of them". I guess that they can't fathom the idea that government does a lot of things poorly but only a few things really well. I would be MUCH better off financially, if my SS taxes had gone into my 401k than letting the US Gov take care of it. 😕
Look I know it is hard for me as gold stacker to see gold dropped instantly after months of buying at high spot but ok it means I can afford to buy more 😏, .Plan for the future not for the weekend.
@@Rickthefarmer-hj4wi Absolutely. The gold I bought at $1184 per oz. is looking pretty good these days. My wife complained a bit about me "spending all that money" on gold. That 1st buy was for 5 1-oz. gold Maples. That tapered off as gold climbed to $1500 and disappeared entirely when gold rose above $2k an oz. Stackers know that this does not mean that gold is more valuable, only that the US$ is less valuable so it takes more US$s to buy the same amount of gold. But how we count our gold also matters and most on here count it by the oz. and not by the $$$ it takes to buy it. Buying gold freezes the cash used to buy it in buying power, so years later, it still has the same purchasing power. No one should be fooled by the DXY charts that show gold rising. That is only a comparison of US$ to other junk fiat currencies and not vs. gold. The gold price shows us the true picture.
The gold market needs a healthy pull back. China doesn't want the gold market to keep on rising because it wants to stockpile too. If the powers that be in the US make it too expensive, then China can't reach its target gold reserve holdings.
Could still change and go up or down more, still buying as usual, I'm in it for the long run and buying it stops me wasting it on other things I don't need. Great way to save money for myself, it's my monthly treat as you said in a previous video, like a reward.
I was hoping for this dip, and I bought 10 AU $10 Gold Liberties this morning (from SD Bullion as Summit doesn't sell them) boosting my Gold to 45 ozs.
Thank you, 2 is 1, for the video. That's one of my favorite quotes. I'm happy things turned out the way they did. Now, we just carry on and make the best out of the way things turned out.
If we get a 25-point basis cut they are following the Playbook of 2007 going into 2008. It's eerily similar that the exact numbers are being used. If people want to check me on that go check out the charts
I bought a gold miner on Oct, 18th on a dip... then the dip kept dipping, and I kept buying, and it kept dipping, and dipping, and dipping... I'm gonna run out of money buying in on all these dips that keep on dipping.
The trump economy will crash? Doubtful. In case you missed it he is pro business, less taxation and less regulation. First, he has to clean up the huge mess he is inheriting.
With continuing inflation and pressure on the dollar as the reserve currency, this pull back on precious metals is only temporary. Time to load up on silver in particular, because when the big boys step in, it will become "Unobtanium".
This morning I took advantage of the price dip to add a bit more to my stack. My coin dealer remarked that metal prices drop after every election, regardless of outcome. Long term, the dollar is still in trouble, and metals are still headed up.
@@statesofbeing888 I was already paying for my coins, and it wasn't my first shopping trip. He is more a dealer in collectables than metal investment. So he had no need to convince me.
I'm not surprised I'm elated those of us that have to buy on a limited budget or our time frame are very happy because we want more gold and we don't want to pay high prices for it and even Trump, as wonderful as he may be, cannot fix the inevitable failure of the Fiat system
Anyone not planning on holding their metals at least 5 years, should have been in line first thing this morning to sell and take some profits, then re-buy when it gets back down. We will likely see silver hit $25 before we see it hit $35 now. Personally, I had my first sell price target at $35, then sell more at each $5 increase point. (500 ASE's at each level) - My target got close, but fell a little short, so I am in for another long haul, which is okay if it will hurry up and fall back again. (Not buying until it is under $25 again, not selling until it is $35, and sitting on the sidelines while it trades in between.) I think we will see it fall back under $28-$29 by inauguration, then it will likely trade in that $26-$28 range for about 6 months, then we will see it moving again. (Whether up or down will be based on war or peace, and the perception of how the economy is doing.) Just my humble opinion.....
Bought gold and silver in the dip today. Have a limit order that will trigger more buying of gold, silver and miners if there is another fall. As Warren Buffett says of buying dips: "when it rains gold, put out the bucket not the thimble" 😎
I started buying when gold was at $1800 a few years ago and I thought that was so expensive so I didn't buy a lot. Looking back, I shouldn't stacked as many as possible. But it's still not too late to stack more for future
EVERY SINGLE EMPIRE FROM THE ROMAN EMPIRE TO THE BABYLONIAN AND MESOPOTAMIAN AND THE BRITISH EMPIRE HAVE ALL FALLEN AND CRASHED .EVERY SINGLE "EMPIRE"CRASHED...
There is more uncertainty now than a month ago. Corporations are already making cuts in anticipation of economic strife in the coming years. The middle class is in for a real beating this time around.
You’ll be fine. Debt is way too big. The market likes easy money. Trump gives Wall Street easy money. This economy is still going to crash & your gold will get higher. Brics nations are buying which makes it more scarce. Now you have some gold. Now buy the dips on silver.
I sold last week some 20 % of my GOLD ETF. Now looking to buy back some physical Gold instead. I think it may be good to wait couple of days and see where the world is going…
Just based on the U.S. money supply (not derivatives) gold would be upwards of 8,000+ an ounce, and this was around 8 years ago, it’s a much greater money supply, so it’s really always been undervalued.
Great vid! I need a few these and a couple of those to complete 2 tubes. I'm not really a patient person, but I'm trying my best, lol. An ounce of gold is still 2800. So the dip is nice, but like you said, it doesn't do much on our dca average. It didn't drop so much where i can just buy all i need now, hahaaaa. Wouldn't that be nice! Oh well, I'll stick to the plan
price has dropped almost 6% from its peak now which makes zero sense to me. trying to determine why because really nothing about the state of economies worldwide etc has changed
I was watching some of your older videos and noticed you used to avoid handling 24k coins without a capsule. But now you stack buffalo naked, so what changed in your mindset?
I began buying rare coins as the prices went up - they retained their value - soon I will head back towards pre- 60's constitutional and eagles if it keeps dropping.
Waiting for a good sized dip to start stacking every week until it changes into a solid uptrend. Im hoping for a 2400 bottom and putting away every available dollar for now.
Today is a nice little dip. I think the long term reason for buying are still there and strong. I took advantage to grab some more of both metals on this dip, if it drops more in a few months great! The world will be looking a lottle brighter and ill buy more. I have to say you always have some good music at the beginning and ive subconsciously created a dance for your trademark jam at then end i so everytime i watch your videos 😂
I appreciate your honesty and your content. Thanks for your viedoes. They are very informative. I will continue to stack gold and silver rewardless of who's in office.
Gold stops here and may further go down a 100-200 dollars per ounce. We were expecting it. So not surprised. Just keep buying for long term. Plain and simple.
I'm going to see what happens this week after the Fed rate cut. I'm a bit over-leveraged in PM, so I might check out some miners like the one you recommended earlier in the year and a diamond mine in my own country. I don't really want to buy any more gold until it goes under $3500 CAD. It's about $3650 right now. And, if it never goes down that low, oh well.
Well as a new stacker as of the last 2 months, this has been a wild ride. I don't regret buying my gold 1 oz Brittania but I do have to ask, what should I buy from next? American, Canadian, Aussie or the Brits again?
It’s all about cost average over longer term. People 5:36 were blown away by my purchasing Au at $1,100/ozt. saying I was wasting dollars. $3,000/ozt affects my avg very little. You gotta start somewhere. Now is the time to buy.
For the first time I'm a little worried about my position in gold. It's going to take some stones to navigate this market in the coming 6 months at least. I can't figure out the curve, I don't think anyone else can either
remember- physical metals are not a short-term hold or trade. requires understanding, commitment, and diamond finger tips to hold on. It will be worth the wait if we don’t get flushed out.
I love there is still a channel that does not get in to politics. Just dropped Rafi Farber because of politics. I just want a channel that informs about PMs. Thank you.
I bought second gold jewlery 60 to 70 percent cheaper than new. im not affected wages go up so price of gold jewelry keeps going up no matter orice of gold.
🔥🦅 EXCEPTIONAL DEALS ON ALL AMERICAN GOLD EAGLES!! summitmetals.com (Great deals on everything else too.)
With a smooth transition with DT, I predict a pull back in the 2500 range
Gold is going down having nothing to do Trump Down another 100 since you filmed this. Gold will fall well below 2k to 1500. To all reading don't buy this. I predicted all crashes since 1980. Four over 50%. This guy is a salesman trying to convince you he;s an average everyday joe stacker. dont fall for it. $ stong and getting stronger. US GDP to debt ratio narrows under all Rep led branches as economy sky rockets which means risk on. Look at bitcoin risk on asset class. Geo polit. risks shrinking. Prdeictions of WW3 by bugs gone. China Central bank has nit been buying in 6 consecutuve months. Russia made announcement not abandonoing dollar so no brics currency. All hue negativebu t largest is paper swamping melting up and down when sentiment up or down. Traders control spot and are all dumping at once. paper swamps metal spot pricing..Expect 1500 which is fair market value. Buy at your own risk
I bought yesterday, my consistent poor timing is astonishing! 🤦♂️
Ha
Don't worry. It happens to all of us.
What if Kampala would have won?
You are still ahead of 99% of the people that have no PMs.👍👍
I bought last Friday at the biggest dip and I was thinking how smart I was....!!!🤦😎
Because you purchased yesterday, the market had to go down. In order for the market to go down, trump had to win. Therefore we can conclude, your purchase made Trump win.
You are not alone, ditto🤦♂️
We still dive $100,000 deeper into debt every second and are still 35 trillion in the hole.
The inevitable Republican tax cuts will ensure that deficits, and the debt, will increase even faster than before. And "before" was already unsustainable.
@@clintonsmith5163the federal reserve is a ponzi. If you don’t increase the money supply via debt increase, the whole thing will instantly collapse.
None of the fundamentals have changed.
Exactly!!!
I wonder how many trump voters think he won't increase the debt and simply loot the country into his own pockets?
There is still 35 trillion in debt and counting. The dip is emotional response. The long term looks bad no matter who leads. Debt has to be paid or defaulted
1000% Change of Pilots - Still on same financial trajectory!
Got high land. Got physical gold. Got physical silver. Got garden. Got orchard. Got God. Got dry powder. Can identify 50 weeds for food. Got happiness.
@@yedidyah-jedshlomoh1533 got spare room? 🤣
Gold is going back to the 2000 dollar range. Sell now at the all time high and get your cash back
As happy as I am that Trump prevailed and we regained the Senate and the House (almost) and the popular vote..first time in 20 years. The same conditions exist that exsisted last Friday and we are still in a recession. When the 4th quarter numbers are reported in mid January all the news will be about the Recession. Today’s drop was an exuberant response to Trumps victory. This too shall pass. Kate no mistake..I could not be happier that as the US declines were will have Trump at the helm to keep us safe ..it’s still on the same trajectory.
good, I'll buy more at the dips
Why? To use 50yrs from now?😂
@@jisskk28 Exactly. What happens to most stackers is they pass away, the family inherits the metals, and they sell them immediately. The next generation doesn't give a crap about gold and silver. Investing into the stock market gives 50X the profits.
@@AmericanBulldogFitgold is money, and a 50x return is stocks sounds like speculation. i sold my house a few years ago and put the profit in gold. bought a house this year with some of that gold, which was up 100% compared to cash and beat the stocks by 30%. the underlying monetary policies have not, and will not change. debt will be inflated away and the currency will collapse. sure, stocks will go up - but in a worthless currency. during Zimbabwe's hyper-inflation, it's stock market outperformed all - in Zimbabwean dollars...
I hope you never get to see your metals go up.
You still have dollars?
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Hands down the best metals channel. Always level headed and informative
Appreciate that. Cheers!
Bald Guy Money channel has very good technical analysis.
@@davidkrempasky7086 Hear, hear!
@@davidkrempasky7086 Yes, it does and I see comments there from 2is1 from time to time. Both are good guys. 👍
Nothing changes…stick to the plan!!!!
Exactly, Trump doesn't have any magic wand.
Yup.
Bitcoin is interesting now.
The freedom to make my own mistakes was all I ever wanted. God bless America 💜
Well said. More folks should understand this
@@maddoxbromley6426 Agreed. Some do understand this but want the government to "take care of them". I guess that they can't fathom the idea that government does
a lot of things poorly but only a few things really well. I would be MUCH better off financially, if my SS taxes had gone into my 401k than letting the US Gov take care of it. 😕
These are the words of a post WW2, ex SS member of Hitler's youth. And except Violet also many others liked them. Wtf? you fo not seem American
God bless America?
Why he should do that?
Not sure he will do that.
Was someone preventing you?
Look I know it is hard for me as gold stacker to see gold dropped instantly after months of buying at high spot but ok it means I can afford to buy more 😏, .Plan for the future not for the weekend.
Well put.
People said I was wasting
$$ buying gold at $1,100. Being early can sure look like you’re wrong.
@@Rickthefarmer-hj4wi Absolutely. The gold I bought at $1184 per oz. is looking pretty good these days. My wife complained a bit about me "spending all that money" on
gold. That 1st buy was for 5 1-oz. gold Maples. That tapered off as gold climbed to $1500 and disappeared entirely when gold rose above $2k an oz. Stackers know that
this does not mean that gold is more valuable, only that the US$ is less valuable so it takes more US$s to buy the same amount of gold. But how we count our gold also
matters and most on here count it by the oz. and not by the $$$ it takes to buy it. Buying gold freezes the cash used to buy it in buying power, so years later, it still has the
same purchasing power. No one should be fooled by the DXY charts that show gold rising. That is only a comparison of US$ to other junk fiat currencies and not vs. gold.
The gold price shows us the true picture.
This is probably the best possible outcome for metals. No questions and nothing drawn out. Now's a good opportunity to buy
Agreed
The gold market needs a healthy pull back. China doesn't want the gold market to keep on rising because it wants to stockpile too. If the powers that be in the US make it too expensive, then China can't reach its target gold reserve holdings.
Stocks and cryptocurrency are the way to go not metals
@@SilvercontainedYou mean fool's gold?😂🤣😂🤣
@@leechjim8023😂
Hide it and WAIT . . . Inflation is coming.
@@johnmarkrobinson2924
Main Buyers are usually central banks
@@johnmarkrobinson2924 digital currency to replace the inflated currency. Gold will still be valuable, while dollars won't be.
inflation is coming? It's been rampant for 4 yrs
It’s already here😂😂your talking about a complete crash
I'm just some guy watching gold videos on RUclips but the 35 trillion dollar debt kind makes me think gold will continue being repriced upwards
It's actually $36 trillion debt or it definitely will be in a few days time.
Agreed. We are seeing the ever-shrinking US$ hard at work becoming even less valuable on a day by day basis.
We still have a government addicted to deficit spending. The promises have been made. Inflation is baked into the cake.
Could still change and go up or down more, still buying as usual, I'm in it for the long run and buying it stops me wasting it on other things I don't need. Great way to save money for myself, it's my monthly treat as you said in a previous video, like a reward.
I will go down then back up . inflation is not over .
Wrong. It will down then stagnate. Crypto and stocks will benefit from inflation not metals.
Bought gold maple leaf last week and I guess it's time to buy more when the price drops more.
Win some, lose some.
Gold appears to act like real estate, high, low, higher, low, higher still, love, even higher… you get the picture
Yo BUY THE DIP! It'll only RISE long term. It's not even a discussion.
I was hoping for this dip, and I bought 10 AU $10 Gold Liberties this morning (from SD Bullion as Summit doesn't sell them) boosting my Gold to 45 ozs.
Nice! 👍
Well said. Fundamentally, little has changed. Sentiment means a lot these days though.
Gold fundamentals are similar for sure. Everything else, though... those were two very different people running. 😄
Thank you, 2 is 1, for the video. That's one of my favorite quotes. I'm happy things turned out the way they did. Now, we just carry on and make the best out of the way things turned out.
I kinda like “if six was nine” ~ Jimi
I'm okay with out gold going to the Moon I'm in no rush for unobtainable prices
Both American and Trump dodged bullets.
@@russellupsumgrub9633 Yes, it does, as well as its red-headed step child, Socialism, and its crazy uncle in the basement, Marxism.
Can't dodge Inflation though
Plain and simple. Gold doesn’t like uncertainty. Fast election results quelled its anxiety. It’s no so much who won
Not the inflation, printing bullet. Next year 2-4 trillion more and so on
If we get a 25-point basis cut they are following the Playbook of 2007 going into 2008. It's eerily similar that the exact numbers are being used. If people want to check me on that go check out the charts
When the downturn hits it will go down a lot then shoot up as the printing press gets going
@cassavamellin u know it.
I bought a gold miner on Oct, 18th on a dip... then the dip kept dipping, and I kept buying, and it kept dipping, and dipping, and dipping... I'm gonna run out of money buying in on all these dips that keep on dipping.
if you know enough about it to commit continue the commitment. I’m doing the same as you …👍
@@Rickthefarmer-hj4wi Another dip today, even with gold up, and I was forced to buy more. I may need a second job...lol...Cheers!
Blessed you can buy it.
@ Yes, yes we are. But, you can’t discount hard work, making good choices, and putting off personal gratification.
If Kamala had won: OMG, she will crash the economy, let´s buy Gold! As Trump has won: OMG, the economy will crash, let´s buy Gold! 😂
Agree neither choice makes a difference
The trump economy will crash? Doubtful. In case you missed it he is pro business, less taxation and less regulation. First, he has to clean up the huge mess he is inheriting.
With continuing inflation and pressure on the dollar as the reserve currency, this pull back on precious metals is only temporary. Time to load up on silver in particular, because when the big boys step in, it will become "Unobtanium".
@@stevexracer4309Utter nonsense !
Yeah gobbledygook.
@@stevexracer4309 short it. Talk is cheap
I actually did not expect a pull back this soon. Makes me wonder, will prices go lower?
Don't know, don't care. Will buy more as it drops. :-)_
The Fed interest rates cuts will pull up the hand brake , then Gold will rise again . Make the most of buying ops
This morning I took advantage of the price dip to add a bit more to my stack. My coin dealer remarked that metal prices drop after every election, regardless of outcome. Long term, the dollar is still in trouble, and metals are still headed up.
Coin dealers make money off selling coins... So
@@statesofbeing888 I was already paying for my coins, and it wasn't my first shopping trip. He is more a dealer in collectables than metal investment. So he had no need to convince me.
I made my monthly purchase on Saturday in case the election went the other way. 🤷♂️ If spot keeps dipping, I might have to make another. 😂
That's the right way to use a hedge as far as I'm concerned. Cheers!
Same here! Bought on Saturday 😅
Ive been buying because of the debt we owe...
Buy Crypto its a much better inflation hedge.
No it'snot
Jumping on this dip of negative -4.85% or so from last week's Gold prices.
"Never catch a falling knife" - will def. let thing calm before new purchase. Thank you !
That just made my monthly purchase a bit more cheaper 😊
If you were smart you would of bought it st 1100 back in 2016. These prices are not cheap when its at all time Highs
@@johnmarkrobinson2924 me too I have jewelry from ages ago
@@Silvercontained water is wet.
I'm not surprised I'm elated those of us that have to buy on a limited budget or our time frame are very happy because we want more gold and we don't want to pay high prices for it and even Trump, as wonderful as he may be, cannot fix the inevitable failure of the Fiat system
Staying the course! I did the same and got some last week, just in case things went differently. Time to jump in a little more now!
🤜🤛
Love your channel. No BS just level headed talk. Ty
Cheers!
Yup this channel is far superior for Metals collectors.
Anyone not planning on holding their metals at least 5 years, should have been in line first thing this morning to sell and take some profits, then re-buy when it gets back down.
We will likely see silver hit $25 before we see it hit $35 now.
Personally, I had my first sell price target at $35, then sell more at each $5 increase point. (500 ASE's at each level) - My target got close, but fell a little short, so I am in for another long haul, which is okay if it will hurry up and fall back again. (Not buying until it is under $25 again, not selling until it is $35, and sitting on the sidelines while it trades in between.)
I think we will see it fall back under $28-$29 by inauguration, then it will likely trade in that $26-$28 range for about 6 months, then we will see it moving again. (Whether up or down will be based on war or peace, and the perception of how the economy is doing.)
Just my humble opinion.....
Bought gold and silver in the dip today. Have a limit order that will trigger more buying of gold, silver and miners if there is another fall.
As Warren Buffett says of buying dips: "when it rains gold, put out the bucket not the thimble" 😎
Buying opportunity for the wise. 🎉🎉🎉
I started buying when gold was at $1800 a few years ago and I thought that was so expensive so I didn't buy a lot. Looking back, I shouldn't stacked as many as possible. But it's still not too late to stack more for future
EVERY SINGLE EMPIRE FROM THE ROMAN EMPIRE TO THE BABYLONIAN AND MESOPOTAMIAN AND THE BRITISH EMPIRE HAVE ALL FALLEN
AND CRASHED
.EVERY SINGLE "EMPIRE"CRASHED...
That’s like 5 big crashes you guaranteed one in your life?
It's sad how people wish for the world to end just to make some profit
Zigged when I should have zagged about 10 days ago on a gold purchase. Fortunately it was just a small purchase. Still more ozs.
There is more uncertainty now than a month ago. Corporations are already making cuts in anticipation of economic strife in the coming years. The middle class is in for a real beating this time around.
Just bought a gold coin.
...cough cough... but you also lost in when your car crashed into s lake!😉
You’ll be fine. Debt is way too big. The market likes easy money. Trump gives Wall Street easy money. This economy is still going to crash & your gold will get higher. Brics nations are buying which makes it more scarce. Now you have some gold. Now buy the dips on silver.
Good choice. Cannot beat a savings vehicle that still competes some years and decades with stimulus inflated stocks.
Bought silver and gold at today's low. Moved my pension stuff into US equities, for now. I'll keep an eye on that though
Yes, I will take seemingly certainty over uncertainty anytime.
The deficit didn't just evaporate with the change of administrations.
I sold last week some 20 % of my GOLD ETF. Now looking to buy back some physical Gold instead. I think it may be good to wait couple of days and see where the world is going…
Bought a 1/2 oz today. Not yet ready to back up the truck just yet.
Me too! 👍🏻
That opening statement was great.
Albuquerque coin show looks to be a tad more affordable now for this weekend.
Good thing I waited. I’m gonna stop by my local Costcos and see if I can find some silver for cheap
The debt clock hasn't changed😂
Bought 5 oz of silver
Your channel is as good as gold, keep up the good work!
Cheers!
I don't care what gold and silver are doing! They can go up or down or side or in circle whatever. I just like to stack real money.
I like to watch those all "silver $2000 next month" videos to feel something
Ha
Just based on the U.S. money supply (not derivatives) gold would be upwards of 8,000+ an ounce, and this was around 8 years ago, it’s a much greater money supply, so it’s really always been undervalued.
After a streak of bargains, i finally hit my head with my latest purchase 2 weeks ago...oh well...patience is a virtue
Well done 2 is 1 very true anxiety was through the roooooof for gold.
I bought a 2017 and a 2019 American Liberty High Relief coins last week 50$ more than the AGE.
Great vid! I need a few these and a couple of those to complete 2 tubes. I'm not really a patient person, but I'm trying my best, lol. An ounce of gold is still 2800. So the dip is nice, but like you said, it doesn't do much on our dca average. It didn't drop so much where i can just buy all i need now, hahaaaa. Wouldn't that be nice! Oh well, I'll stick to the plan
price has dropped almost 6% from its peak now which makes zero sense to me. trying to determine why because really nothing about the state of economies worldwide etc has changed
I was watching some of your older videos and noticed you used to avoid handling 24k coins without a capsule. But now you stack buffalo naked, so what changed in your mindset?
I began buying rare coins as the prices went up - they retained their value - soon I will head back towards pre- 60's constitutional and eagles if it keeps dropping.
Waiting for a good sized dip to start stacking every week until it changes into a solid uptrend. Im hoping for a 2400 bottom and putting away every available dollar for now.
This is a good day 🇺🇸
No time like the present to celebrate with a little ✨✨✨
Best wishes for EVERYONE here in the USA 🙏🏻
Today is a nice little dip. I think the long term reason for buying are still there and strong. I took advantage to grab some more of both metals on this dip, if it drops more in a few months great! The world will be looking a lottle brighter and ill buy more.
I have to say you always have some good music at the beginning and ive subconsciously created a dance for your trademark jam at then end i so everytime i watch your videos 😂
Ha! Cheers!
I sold my silver ngl. I think it will be a risk on market until proven otherwise. Hence a shift from commodities.
Buying gold/silver for a short term gain is foolish. Gold and Silver are long term investments.
I agree 100% Gary!
Gold is wealth, period.
I love your Grimsmo Norseman👍🏼
Just got a roll of maple leafs n eagle at spot n 2 random gold tenths ounce, get in before it goes up!
Still overvalued. It has to drop 25% to be in line with long term trends and be a buy.
I appreciate your honesty and your content. Thanks for your viedoes. They are very informative. I will continue to stack gold and silver rewardless of who's in office.
You have the best intro music.
Locked in and already bought the dip.
Easy to buy, costly to sell. On the other hand there's no commission when you sell stocks.
2 is 1 posts a video I’m watching! ❤️
✊
BOGO! 🪙
Gold stops here and may further go down a 100-200 dollars per ounce.
We were expecting it. So not surprised.
Just keep buying for long term. Plain and simple.
7 november rate cut will be the game changer
Love your opening.... ⭐⭐⭐⭐⭐
We still have monetary policy to deal with, so up we go!
I'm going to see what happens this week after the Fed rate cut. I'm a bit over-leveraged in PM, so I might check out some miners like the one you recommended earlier in the year and a diamond mine in my own country. I don't really want to buy any more gold until it goes under $3500 CAD. It's about $3650 right now. And, if it never goes down that low, oh well.
No major sell-off of the metal's just massive paper dumping by the commercials to get out of their multi billion dollar short positions, that's all.
Nice Norseman. Nice gold!
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Yay! US Mint will price the Flowing Hair the Friday before sale date using the London Price. Hope to pick up two on the 14th....wish me luck.
Bought a Kruger today
Well as a new stacker as of the last 2 months, this has been a wild ride. I don't regret buying my gold 1 oz Brittania but I do have to ask, what should I buy from next? American, Canadian, Aussie or the Brits again?
This tuber in the past has suggested buying your country’s coin.enjoy
Whichever has the lowest premiums
It’s all about cost average over longer term. People 5:36 were blown away by my purchasing Au at $1,100/ozt. saying I was wasting dollars. $3,000/ozt affects my avg very little. You gotta start somewhere. Now is the time to buy.
Man plans and gold decides 😂
😄
👍🏽👏🏽
If your horizon is comfortably long you will be in good shape. You’re riding a trend going from $20.67 through $2700 and on to infinity.
Next week gold and silver will fly!
For the first time I'm a little worried about my position in gold. It's going to take some stones to navigate this market in the coming 6 months at least. I can't figure out the curve, I don't think anyone else can either
remember- physical metals are not a short-term hold or trade. requires understanding, commitment, and diamond finger tips to hold on. It will be worth the wait if we don’t get flushed out.
I love there is still a channel that does not get in to politics. Just dropped Rafi Farber because of politics. I just want a channel that informs about PMs. Thank you.
Cheers!
Kept some powder dry in anticipation of a pullback on the removal of uncertainty. Interested what happens after the FOMC meeting tomorrow.
I bought second gold jewlery 60 to 70 percent cheaper than new. im not affected wages go up so price of gold jewelry keeps going up no matter orice of gold.
You were correct - it's been volatile....
Excellent shit
That gold guy got everyone holding the bag