Why Silver is Sucking
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- Опубликовано: 27 мар 2024
- By all accounts, silver has been sucking. Gold gained 14% in price in 2023 while silver lost 0.5%. So, it's fair to say silver has had a poor showing lately. I think there's a reason for it. Now, will it catch up? Will it live up to its fans' hype? I guess we'll see.
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Silver is like the Hippie Chick you see at a Grateful Dead concert. She looks like she’d be fun but the drug habit and pit hair keeps you from taking her home. 🤙🏽🥃
Ha! 🥃 Happy Easter my friend!
😂
We all know you took her home Chris. 😂
I dated her lol 😂
@@3B-TM praying you didn’t take her home to meet your mother.🙏🏽
I grew up poor and silver makes me feel rich. Some people have a luxury car or a nice house or a nice boat. I have my little bit of silver. I cant afford gold, but owning silver makes me feel good.
I'd sure feel a whole lot better/rich "if" silver would break out of it's persistant 'ultra-conservative' price range, that it's been stuck within for the past 40+ years. If I had a $1 everytime silver pumpers said silver was 'massively undervalued' and is about to 'break through it's all time highs' I'd be wealthy without ever needing to buy silver...lol
@@__WJK__ Who knows...it happened with gold. I remember it being AU$300 when I was a teenager. Went to $2500 nearly over night.
@joegoedhart1259 Either you have no clue what your talking about or you been asleep since 2003. 😂😂
@@SweetLeavesXbox1 I actually have no clue what YOU are talking about. I am talking about how silver makes ME feel, and Im talking about my mates Dad selling gold Ozs for $300. I am now 58. Does that help?!
@joegoedhart1259 Gold hasn't been in the $300s since 2003. Your nearly over night equals out to 20 years.
Silver, the original altcoin.
Lol clever
Hilarious 😂
I like this comparison. I’ve been thinking silver is more like small cap growth, but altcoin works a lot better.
It's crazy how silverbugs and altcoiners say the same dumb crap. I say this as a current holder of silver and former altcoin owner. Only gold and Bitcoin for me now.
@@joemama69448 cia coin 😂
I'm not buying more silver. I'm watching for opportunities to SELL silver. But, I'm in my mid-70s, so I'm using silver as it was intended. Thank you, 2 is 1 for the video.
Cheers!
2is1 is awesome
Exactly. We buy metals thru our life to preserve our money, then sell it when we're older to help pay the bills in retirement.
Perfect example of what silver and gold are really for.
It always makes me laugh out loud when we see the fools who fell for the pumper con artists who really thought a little silver was going to make them rich overnight, lol
if youre in your mid 70’s odds are someone else is gonna be selling your PM’s
I agree with this... but I'm in my 50s so I can wait into my 70s to use it as cash or gifting to friends and relationships.
For those who complain about the gold price, remember you can buy gold as small as 1/2 gram bits.
Silver is not an investment; neither is gold. They are simply a means to protect part of your wealth and preserve your buying power. Silver will always be “worth”… an ounce of silver. It will buy you precisely the same as it did 50 years ago, no more and no less. Silver does not need to “perform”; it is not a circus act. One does not (or should not) buy silver or any precious metal to speculate by trying to time the market. One buys it to hold.
>What is industrial demand?
That’s why I buy palladium so I can call it an investment
Youre more accurately describing gold. Silver is more speculative and volatile than gold, so it's not the store of value most people hope for.
Yeah, definitely can buy on a dip so that is timing.
@@adventureswitheddie6444 15 times rarer than gold!
If silver ever gets it's time to shine, I'm afraid it will be short lived with all the people getting off the bus
yep. Including most of us who are stuck in it.
If you want to be the guy that sold BTC in 2012 for a 6x that's on you. If you don't understand how manipulated the silver price is, you can't understand how high it can go. Strategic. Metal.
@@kratostomatoes8587it seems like you really wish you bought bitcoin back then, but missed the boat. Unfortunately the silver you bought at all time highs won’t perform as well as you fantasize.
That’s when it’ll pop
getting off the short bus
I buy both with no expectation of huge gains.
I'm 36 I've been buying since I was 26, and I'm stacking to sell when I'm 65.
Talk about patience 😁
Interesting... would you also buy property, or stocks, the same way???
@@__WJK__ Property yes stocks not so much. I don't personally buy gold and silver as an investment. Just a store of wealth.
Silver is transactional. Gold is preservative.
Which set of videos on which metal routinely include the terms: “Moonshot!” “Exploding!” “Ready to soar” etc. etc. etc., followed shortly by: “Disappointing,” “Mistake,” “Discouraged,” etc. etc. etc.
You might have just given me a reason to buy silver. Occasionally I want to sell a few lesser-valued assets to pay for debt. I hate selling gold, but I would cringe less if I decided to toss some silver.
Precisely. Silver is what you will use in transactions when the economy crashes, gold preserves value long term. Comparing charts, silver doesn't increase in value long term like gold does because of the central banks. When the central banks increase their holdings they buy gold, not silver.
I buy silver coins for fun. I buy gold for savings.
I stack some silver for bartering, but I accumulate serious gold for a rainy day. Silver is due for a major uptick, but I'll pass on the frustration.
The east has been buying up both silver and gold at these relatively cheap manipulated prices.
I'm so happy I sold half of my silver stack years ago and bought more gold
Very sensible, good for you😊👍🏻👍🏻
@@Goldylocksss 100
You mean to tell me you didn't listen to the silver pumpers droning on and on about how silver is "massively undervalued" and how it's about to "break past it's all time highes any day now"(?) Yes, very good for you!
I can't afford gold either but a
10 oz silver purchase every month
does add up over a year, then the price
of silver spot hit $27.71 so I sold 60
silver Maples, then bought
some gold from my lcs 😊
unfortunately they were
burglarized over the past
few days, they. said they just
damaged the store, but nothing was
taken
The lack of performance, high premiums and physical volume are real downsides to silver. But I would say, silver is a great starting point to stacking. Then, when you pick up speed, you turn to gold and 2 is 1 videos. Happy Easter everyone!
not to mention you get killed on premiums with silver. with gold I pay tiny premiums.
I loaded up on silver 4 yrs ago (every 2 weeks bought 40 or so ounces and/or 90%). About 3 to 4 months ago, started buying 1 ounce of gold every 2 weeks with $1300 paper and remaining amount in 90% silver on hand. So far, so good.
@@Canadian_Eh_Iespecially on eagles. One point they were going for 50%+ over spot. I just couldn’t justify buying any during that time.
Of all the videos you've made, this one nailed it. 💯
Have a wonderful and blessed Easter with those you love 2is1. Love watching and learning from your experience from years of stacking. I could watch you “cut” your stack of gold coins in half the rest of my life and still bring a smile to may face!
Ha! Happy Easter! Hope you have a great one. 🙏
I love it when I see ppl posting that silver will never drop again. "This is the run we were waiting for." LOL. I WISH I concentrated on gold and ignored silver altogether. I would have been in such a better place. Now I have over 3K ounces of crappy silver and could have had a couple more tubes of 1 oz gold Buffalos, Eagles, or Maples instead. Life lessons. Great video.
That's a LOT of silver!
@@2is1gold If I could start all over, it would of gone all into gold.
@@2is1gold Yep, a full half stack. lol
@@ReeferGil Gold shines like the star it is!
Silver is fun but gold won my heart long ago. My guess, Yankee asked you the question.
Oh and thanks for the calm and thoughtful videos... they help adjust for FOMO.
Ha, no. My preference for gold isn’t a surprise to Yankee. 😄
YANKEE . . . ( sorry - I just threw up in my mouth )
@@georgina979don’t let Yankee fool you. He makes his money telling all the silver freaks how great silver is……..so he can buy gold
Yankee is a gold Stacker. Dragons, not so much.
This why i still watch you and not any of the others anymore. Always keeps it 💯 👌 ❤
I stopped buying silver because the premium just makes it not worth it. I'll do the 2%-4% premium on 1oz gold all day long. Silver is just too expensive.
IMHO, buying thousands of dollars worth of silver is a waste of money. Better off buying some Gold and Bitcoin.
Gold price now: 2222$
Silver price now: 24,88$
Your budget is your manager 😢😢
Why the tears? Nothing wrong with DCAing assets as you can afford them. Most of us aren't rich.
If your "budget" vexxes you that much, then increase your cash flow- create a youtube channel and grow followers, become an influencer. Because entrepreneurs know that money rewards value, not employees.
$2,222 and $24.88
Accurate I can’t trade gold for a loaf of bread
It is what it is
Even if "your budget is your manager" you would have been wayyyy better off stacking fractional gold (vs silver) in recent months and years.
But we must admit, Silver is good with names... Silver Surfer... Could you imagine the Palladium Paddle boarder?...
Doesn't exactly roll off the tongue, does it? lol
The copper topper
@@Canadian_Eh_Inow do one for aluminum 🎉😂😂😂
Rho Rho Rhodium gently down the stream, merily merily merily merily, life is but a dream. 🚣♂
@@johnmknox that’s gonna be stuck in my head forever now 🙁🥳😂😂😂👍🏻
Here in Germany they put 19% tax on silver a couple of years ago . The EZB is afraid of people stacking metals. In Germany we have a discussion about taxes on Bitcoin and Gold Profits. Right now profits are not taxable after holding it for one Year. But Governments are really concerned about people getting out of FIAT currency.
Damn sucks there on freedom sounds like
Congrats on 100K brotha! Been following you since +/- 3000 subs. Always great to hear your perspective. And I agree whole heartedly on your perspective on silver.
As always, I enjoyed your thoughtful comments on this topic. Also, congratulations on closing in on a 100K subscribers. It is well deserved.
Thank you!
Yes, people say silver to the moon, but I haven't seen signs that silver has any kind of space program. So how is it getting to the moon exactly?
It’s not, the Silver pumpers just want you to believe that. Silver is, and always will be just another form of savings outside the central banking system, and government control. Having begun my own personal journey with stacking Silver, I have since switched (a couple years ago) to purchasing Gold, which protects your purchasing power a bit better.
395:1 paper:silver ratio means nothing. LMAO
😂
Exactly, I hear both Gold pumpers, and Silver pumpers saying it’s going to the moon… But I just buy both and that’s it
@@victorfrankenstein50202 Good move (into gold)! Silver is like a bank saying: "Desposit $1000 with us for 10 years and we'll guarantee you can withdraw $800" 🙂
Good input.
RUclips silver channels are tough to watch. You see 'The end of the world is here buy silver now' videos weekly by the vast majority of them. I do also love the videos where the Bullion Dealer agrees the world is ending so buy now! A Bullion dealer wanting you to buy Bullion. Ground breaking!
Yankee Stacking in a nutshell 😂
I only stack silver because I cant afford to get enough gold to see an actual stack. 😂 its more aesthetically pleasing to see abundance.🤷♂️
try brass. That stacks pretty high. Sometimes you can get it for nothing.
Small amounts add up quick bro
aeasthetics < movability
Stack aluminum cans.
@Tik2theTok: Yes, that is human nature - and the silver pumpers are aware of it. If people cannot afford to buy gold they can at least afford to buy silver. Back in time the music industry was aware that teenagers could not afford LPs, so 7" singles (45 rpm) were made to scoop up their money too.
Smart analysis!
Great explanation of your opinion and as always great video Sir!
Thanks!
Just subscribed. I would’ve thought your channel had a million subscribers. You are extremely underrated and you’re gonna blow up soin
I really appreciate your honesty and understanding of the subject at hand. I watch those other channels also. I trade my fiat currency for both gold and silver. Everything I own will go to my heirs. It would have to get really bad for me to dip into it. Thanks for being here. 😎🏴☠️
Cheers!
I stack gold and silver but I stack it as an inheritance to my grandson so I really don’t care what it does right now but 20 years from now if I spend 50,000 and he gets 10,000 in an inheritance he didn’t lose nothing he’s up $10000 but if I spend 50,000 and he gets 100,000 he gained.
Bingo!
Judas betrayed the Savior for 30 pieces.
...and your point is?
That is exactly why I think silver will never have great worth.
Anyone that says silver is good sells silver, when they say silver is cheap they want you to buy something with a 10-15% or 20% premium.
Well said. Its disingenuous.
I will be selling my meager gold holdings and will be waiting for silver to go above $30.00 then start selling that. I originally got into it for prepping and seeing the dollar currency become worth les and less with time. Already retired, no kids, wife died, so it's time to travel.
Sorry to hear about your wife. Good luck in your travels!
This Gold spot price today!!! Only been stacking since December and I’m up almost +$100 on everything….. 🐂
Trading is closed tomorrow when new inflation data hits. Weird day!
@@2is1gold whoa, indeed
You bought at spot price?
@@adventureswitheddie6444 every month since December I’ve essentially bought on micro dips, I may have overstated but I’ve compensated for any premiums I’ve paid. LCS in Indiana doesn’t charge large premiums and there’s no tax.
@@2is1gold Yes, it is, which could make for some interesting Monday morning gold price action.
I'm 1 tiny frog hair of selling OFF my entire Ag inventory . . . sick & tired of waiting for the silver " pie in the sky " stellar performance . . Bullsheeeeeet ( cough - cough )
If the silver shoots to the moon, I'll be in a great position. Holding till it does, but stacking Au...
It's been a while since we all read claims of "silver going parabolic!". Always liked that term better than "moonshot". lol
Youre right on all points. Thank you for the insight. Ur right also most of the silver channels talk about it like its about to take off any moment, but theyve been saying it for years!! Almost every video. Things like 'it went up a dollar this week this might be the big rip'. Thank you for your content
Thank you for sharing 2is1! Love you broski! ❤🇦🇺💪
Cheers!
im with you 2. silver is nice to have but its ultimately too frustrating and disappointing to stack to the rafters.
🤜🤛
So happy silver is low. I’m just getting into precious metals. Low silver prices at least gives me a chance to purchase something.
One thing about industrial use of silver, none of it is recycled. Its a one and done precious metal while gold is reclaimed all the time for re use.
Something to consider anyway
Nice video...and congrats on 100k coming soon
Thank you!
$1 move on silver in one day. That's a big move. (4/2/2024)
LOVE that Commander series and glad to see 'em on the desk. The only "collecting" I've ever participated in is the Awakening and Commander series.
I have all my silver stack still, but i definitely want to focus on gold now. There's only so much space to fill
I appreciate you sharing your rationale.
🤜🤛
Nah, the first silver squeeze was in 1979. Sold all my physical silver into the pump and haven't bought any since.
well played
Very Interesting view I’ve always felt skeptical on all these to the moon silver guys loved your video.
I literally sent over payment for a tube of 2015 ASE for $560 including tax and shipping from pmsforsale and you dropped this video 60 seconds afterwards 😂😂😂😂
Ha! Well, I'd say silver is about the best deal its been in the past four years right now. 😄
You can't go wrong with ASEs. Good move!
Great video brother thanks for the info 🥃🥃🥃
Thanks Nate! Cheers! 🥃
I listened to this video today on my way to work. Very well done and great work on keeping your like for somthing from clouding your judgement on it's performance. Many people struggle to remain logical as opposed to emotional about metals and assets. I've been saying a lot of this myself. A lot of people don't like it. But here is the deal. I LOVE silver. It's more useful to people than gold, I think it looks better, and I think it should be valued MUCH higher. But if I remain in that emotional mindset about any asset, it will cloud my ability to see it for what it is. I LOVE silver. I don't like it's performance. I will keep my many thousands of ounces, but I am not stacking much of it lately due to that continued issue. I'm more into gold and platinum stacking these days simply based on performance over time.
I appreciate how compact and light weight gold and platinum are. I love silver tho, it's fun to have all of the above.
For me, silver was like training wheels. I have some and will keep it - but not very interested in extending my holdings in Ag.
Hi 2 is 1. Can you give some advice as a beginner stacker on what I should look out for and opportunities I should take for optimal gains and to preserve my wealth. Thanks.
You nailed it. Factually correct.
You left something sticky in my head long ago my friend lol
😄
40 years ago silver 37.1 ratio today 90.1 have you got 40 years to spare .on the other hand gold has risen for 17 years .i know what I'll be buying 😮
Bro you didn’t even mention that gold is just way cooler than silver to look at
Part 2. 😄
This changes my view on silver thank you
Oooo picking a fight with the thumbnail pic🤣
I almost feel like I need a “but not THIS silver” caveat. Because these coins are especially nice. 😄
@@2is1gold yeah true!
Fair point made 👏
All you have to do is look at the premium percentage above the spot price and then do the same for gold and you can see immediately why these sellers are all pushing silver constantly.
You can buy a 1oz silver maple leaf and it will take years for the spot price to even match what you paid for it.
Do it with gold and that can happen in a day.
I’ve watched all those channels too and others. I’ll take all the input I can and make up my own mind. I always like to look at both (three in this case) sides of the coin. Thank you for your honest opinion.
🤜🤛
Thanks for your take on silver. I am in much agreement with you.
I'm still buying my bit of silver each week but dedicating most of my spare fiat into the other metals.
Great quote.
🤜🤛
I have buddies that I love very much that think I'm stupid for stacking gold and silver. I still love them, but I know what I'm doing even if I cant explain it very well. I dont think ANY less of them.
Haven’t bought much silver the last few years, as my main focus has been gold. I still hold a good bit of silver and would eventually like to transition most of it to gold. Of course I have some special pieces of silver I will never sell . Always great info!
🤜🤛
I love silver, I have silver for several reasons, one half of my silver stack is sitting there waiting for the right time to exchange it for Gold. The other half will stay in my possession for barter, to preserve wealth, and just to enjoy. Diversified holdings is always safe. Thanks for your videos 2 is1 always enjoyable and informative
🤜🤛
Minor celebrity checking in here 😎. All valid points on the topic, particularly the fact that what is driving the current moves in gold is purchases by central banks. The fact that we're seeing gold take out record highs and yet premiums remain pretty tame seems to confirm that the retail public hasn't really gotten involved here in a big way (yet). In fact much of what I hear from coin shops/dealers is that they have been buying more silver from the public than what they are selling (at least until recently). I would expect we won't see silver really begin to move until the public becomes more sanguine on the metals in general. That being said, should that shift in sentiment take place, silver will as you say likely have some catching up to do. Maybe now is a good time to play the ratio and swap some of that gold out for silver 😁.
With you until that last part. If I had a nickel every time somebody said it was time to switch gold for silver I’d be rich, but if I had actually done it, I’d be out a lot more than those nickels! 😄
As George Gammon often says, buy stuff when it's cheap and sell when it's expensive. Is silver cheap? Sure looks that way.
This title lured me in, nice... Good points made, some food for thought. I'm of a similar thought process myself... Go team gold!
any thoughts on platinum vs gold as investment? thanks for your brilliant videos. You are doing God's work!
This should help that 100k push
Or the 90k push! 😂
@@2is1goldlol
I stumbled across gold and silver this year. Started buying 1 oz Silver Eagles then I saw your channel. I agree gold is the way to go and have moved my strategy to it. But I think owning a little silver is good as well. I agree the silver hype is not backed up with the numbers.
Thanks!
Thank you!! Appreciate that! 🙇
As a side note, Go look at the new fed white paper on a gold standard... Just came out 😎✌️
Silver wise, I think 150 to 300 ozt or if you really like it, 500ozt would be the max I would recommend people to stack... and honestly silver is not going to go up like a rocket ship or anything it's more or less a patient game... I think the major changes will come after 2030 when Supply shocks start to really kick in due to Industrial demand... that's where I get my $60 bull case prediction... but when it comes to Silver I always tell people to pick up a little bit of silver that's coming out that has a numismatic value, which kind of offsets the premiums you're paying if it doesn't go to the moon for say.... Now gold, I say stack it hand over fist and don't stop😂... and I don't really have a recommended amount but as a minimal start I recommend people to try to get at least 3 to 5 ozt.... incense gold is so heavy financially speaking not physically it tends to move a little bit slower and lag a bit more... but with the Philadelphia fed putting out this white paper this might make things move a bit faster, and to be truly honest I was under the assumption the FED wasn't going to put this white paper out until closer to 2025 maybe 26 q1... guess they're ahead of schedule... anyways you didn't hear from me but I guarantee you they're looking for a way to let out some of the steam from the Fiat system... But maybe a multi-currency system gold in Fiat side by side... I mean in 2021 they did make it a tier one for a reason
The report from the Philadelphia research department put that out to show how price shocks might affect different financial models. It didn't paint a very rosy picture for commodity based models. What did I miss in it?
@@2is1gold it wasn't supposed to be a rosy picture, it is to encourage people to discuss, and that in itself is very bullish... There was discussions that were had back in 2003.. And again in 2014 about similar subjects that included gold and the dollar ( amongst other things financially wise)... Maybe it's just the contrarian side of me but it's things like this that lead to other bigger things... and personally I can see a pattern arising through the years... long story short phyops and manipulation at its best... Alittle push here, Alittle nudge there till things are going the direction the higher ups want it to go... Anyways, thanks for the video as always man and take care 😎✌️
There was 1 person that was there that hails from the far NE . . . a place where non southern folks live . . . He sucks more than silver prices
Silver and gold are both long term holding “investments” or “wealth preservation commodities”. However, when silver premium is 4x-5x that of gold and isn’t even close to golds performance rate, it’s a no brainer as to why silver is not that great.
I stacked silver for a year until I needed to sell a portion for an emergency…. It was then that I realized how ridiculous the buy and sell (premium) spread was on silver. I still buy, but my personal stack GSR went from 300-0 to now like 40-1.
Silver is my gamble while gold is my insurance.
Life Lesson: Stack silver and gold for the long term. If there’s any chance you’ll need those $ in less than 5 years, park them in CDs or a money market account.
@@slapdat.byteme already said that at the beginning of my comment, guess you can’t really read.
My point being, you have to make up 15%-20% on the premium of silver before you even break even. Regardless of long term or short term holding, that is not a reasonable price for “wealth preservation” when you automatically lose 20% on an underperforming asset.
@@zdawg7887 My comment was in response to your 2nd paragraph, so clearly there’s no problem with my reading although I have serious doubts about your reading comprehension proficiency. Precious metals are LONG TERM assets. Holding them for less than 5 years with expectation of capital appreciation is Mistake #1. Stacking gold and/or silver without a cash emergency fund sufficient to cover at least 6 mos of living expenses is Mistake #2. You’ve already committed both…
We are all holding silver waiting for a pop…pop does not ever come. This is why it sucks
It does eventually, it just happens over long periods of time, but then you have to sell because it comes down fast.. It's more of a hedge that greatly reduces your risk. Holding 1-2% silver is an excellent idea.
I don’t. I buy silver (and gold) to preserve wealth. If it (or any other precious metal) “pops,” it means that your fiat currency is going down the pooper. 🚽 Silver will never be “worth” any more or less than it was 50 years ago.
@@byteme0000 “worth” meaning buying power,right not units of currency
@@byteme0000 Silver has actually done very poorly on an inflation adjusted basis. That is not the case with gold, which retains its value. The upside is that silver does indeed have huge spikes which one can profit from, but they come only a few times in one's investing career.
@@byteme0000
I would not say that. Gold is a monetary metal, but silver is also an industrial metal. The big problem with silver was the photographic industry. It still has not really recovered from that. Though now it might be a growth sector for it because of deep digital fakes. Some of the old photographs might come back in some some areas. So silver demand could go up without the $USD going down the pooper .
Been stacking since Silver was $4.10 an oz . Sold some when it hit $50 oz just enough to set me 100% DEBT FREE... No regrets here buddy!
Nice!
Well done, Sam. That was outstanding asset management and you were amply rewarded for it. I think of comments like this every time I hear
or read someone talk about a "moon shot" or "it's going parabolic", or some other triumph of hope over experience. The truth of it is that by
selective management (buying and selling), one can profit heavily from most any asset they own. Just don't fall in love with any of them.
I buy just enough silver to cover the "what if I'm wrong and Yankee is right" contingency...and that's four tubes of ASEs, which cube out well in my current container of choice along with tubes for AGEs, Buffs, and CMLs...thanks for showing that Ruck 40 a while back!
Ha, that idea is solid. Four or five tubes to me is great contingency planning. Betting the farm on it like some promote is where I throw a flag. Cheers!
@@2is1gold The worst financial advice I've ever seen comes from those who are "all in" with ANY single investment, asset, or what have you. Diversification should be the
watchword for everyone seeking to build their wealth and become financially independent. Been there, done that. Sure, one can always "get lucky" with something but when
a lot of people are finding success via diversification, dollar cost averaging, and asset allocation it's pretty hard to deny the truth of it. But there WILL be those who deny this
simple truth and, typically, they will be the ones who suffer deprivation the most. Maybe not right away but it is lurking out there for the unwary to become its victims.
I use silver and Gold as a savings account. I just buy silver more frequently cause of price, but i add gold whenever I can
It seems my house could have been bought by the same given amount of gold 10 years ago that would buy it today.. it also seems I'd need more silver to buy my house today than would have bought it 10 years ago. But compared to under mattress cash, both silver and gold are much better.
This has probably been asked but what is with the Knives and where do you get them. They are very nice looking
I collect knives a bit. Some come from recon1.com. The sell Rockstead, Shirogorov and Chris Reeve. I have Grimsmos and Holts and a few others that come directly from the makers. Cheers!
Superb Points.... well worth considering
Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves.
Seems as if there should be some room in there for "copper", since it has long been the money of the working poor.
Thank you for your honest analysis. I appreciate that you are not a sliver pumper and just lay out the facts. Too many pumpers on RUclips that pump Silver everyday. They are mostly hired hands by the sliver industrial machine. I do understand that the "Powers That Be" will continue to drive the price of silver down as to add value to fiat currency.
🤜🤛
I agree with you
Silver has a lot of catching up, I'm going with gold, thanks for your honest view, much appreciated!
You know what would make silver go up? If I were to sell all mine. I made purchases of both metals 6 years ago and those purchases has resulted that you are right. Those purchases have resulted in gold going up 💯 percent and silver only going up 75 percent
😂 "only a mother could love" you savage
😄
good videos
i would love some gold but don't make enough some sliver is reasonable for my money problems
When are you going to go over Swiss gold bars?
Hahaha. I was there when this happened. Great night!
Ha! Yeah, you were one of the "actual" celebrities. 😄
All the silver in the world is only worth 1.4 trillion. Gold is near 15 trillion. These are drastically different market caps. This is the big reason gold will always be king.
Let’s get that knife in the background replaced with a pistol?
Have any contacts at YT to get me a pass? 😄
@@2is1gold 😂
I’m trying to add more gold to my stack but still love my silver. Silver is definitely taking up too much space though.
Bravo really enjoyed the episode. I love silver but agree it has really sucked for a long time. Still a buyer of both gold and silver.
Whered you get that patton coin that thing is sick!
SD Bullion sells them exclusively. "Commander Series"
@@2is1gold SD always has the rares. Thanks dude
Ha!
I like having silver, but would never hold only silver...gold is still held by central banks - that's just reality and I'm not interested in ignoring reality...hopium is only worth so much
If you collect metals, it might not be a bad idea to allocate about 10% of your stack (in dollar value, not ounces) to silver. Just in case silver surprises us and does shoot to the moon someday. Worst case scenario, 10% of your stack sucks. But maybe it'll still surprise you.