GOLD VALUE : GOLD COINS , GOLD CHAINS and MORE
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- Опубликовано: 11 сен 2024
- Gold coins, chains and more.
Hit Traxnyc.com for your gold chain needs.
Seminar feb 1st 3 pm , $20 at the door.
347 306 3132 or 212 391 3832 if you want any item in this video. The 5 oz chain is 22k. Price by inquiry only if you hit the line above. Shirt by @paranoia1of1 Shout out to @traxtokyo . Comment or ask whatever question and I will try to address it.
#gold #goldvalue #goldchains
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Brilliant explinations in this video, thanks. As J.P.Morgan said "Gold is money. Everything else is credit". I think what you are saying about long term gold holdings is spot on. It's not an investment, it's insurance. Phil from the UK.
Problem here what he failed to mention. Most gold chains have at least 100% markup. So a $2000 chain is made up from $1000 worth of gold at the spot scrap price. So to break even, gold needs to double. If you take your chain to a pawnbroker, he will more than likely give you scrap price. So no way are chains an investment.
Not an investment with his prices , meñe only charges 15% above spot so with them yes its an investment
15% above spot is a great deal compared to the UK. Hatton Gardens wanted 100% profit on second hand chains.
@@alholme3398 Try going to your local Asian jewelry shop you’ll get a better deal than this guy and mene.
I agree
Wear your wealth folks and if you have to go on the “run? A 22k chain and a SS submariner and they’re as good as cash and aren’t subject to customs and 10k limitations!
nice insight
Gold jewelry, rather than gold bullion is also confiscation ‘resistant’ , atleast historically.
@@TraxNYCDiamondJewelry good video, the diamond chain you are wearing, is that on your website?
Joe V that’s true! You can get on an airplane wearing $10k worth of gold and not pay a dime in taxes....not true of gold bullion
Yup! I’ve been saying this all along...I’ve got a total of 5+ ounces of 24k gold jewelry that I wear on a daily basis...it’s the only way to invest. 14k & 18k are diluted and not worth the investment
The aura of encouragement that pervades through this video is just as compelling as the information on the metals.
Respect dude, you broke it down perfectly & educated people that are blowing there money on random crap. BUY GOLD, BUY GOLD, BUY GOLD!!!
Thanks bro
Last year, I found an Asian goldsmith that crafts 24k...after reading there reviews, I purchased a 100g Cuban necklace and a 75g bracelet. The heavier weight means they’re very strong and durable. I wear them both everyday and they look great
Great video. I used to suck bad at saving money never could get over 10k without spending it all but when I discovered gold as a savings mechanism now I’ve got about 30k$ worth!
Joe V do you get coins or chains or both ?
I wish I could just buy chains but the premium (20%+) on chains compared to coins (3%) just makes it impossible for me to wrap my head around paying.
It might be cheaper just to melt the coins down and make my own chain than buying a chain lol
i enjoy the 10 min + videos more.. you can go deeper into your topic! love you man! much respect!
And he gets paid from you tube for videos that are 10+ min
when you resell jewelry you never get what it's worth the coins are at spot price you'll get everything that is worth that's the difference
yes because once you sell jewelry you lose the labor cost of the piece and the buyer calculate it as a scrap gold for melting. never invest your money in jewelry because you never get the labor cost back. Gold bars and coins are the way to go.
YEAH BUT YOU CANT WEAR A COIN UNLESS ITS IN A RING AND STILL GOING TO COST YOU LABOR
@@Teeorie1 You can buy the ring separately for less than 30$ and insert the coin in it yourself. I did it with a silver ring and its fine.
. Only if you go to a dealer to sell - I’m sure you could sell gold jewellery for a 20% spot premium if selling peer to peer I.e. on eBay
@@Teeorie1 I have a gold coin on a chain
My great grandfather had a couple of those Mexican gold coins from the 1920s . I wonder who kept them.
The 22ct and 24ct have such a nice colour in yellow gold, comparing it to 18,14ct, looks unreal good job dude
Onyx kinda looks too good to be true, kinda like gold plating on silver or something! 18k is the sweet spot for durability and worth imo
Sepehr yeah I feel that, 22/24ct is what someone that doesn’t know a lot about good things gold is, that rich yellow colour, but they don’t realise that a 24ct gold ring may be worth more, but unless you’re using it as an investment, you wouldn’t wear it because it would get easily scratched ect, 18ct for rings is the sweet spot yeah
Onyx 22k is considered “investment grade”, and can be used in a gold IRA.
I was just looking into this yesterday holy crap it’s like he knew
Thanks for putting this info out I'm always educating by friends and family about gold and silver glad to see somebody doing it on a big platform
My boy had a long day but still stays to teach us...wooow that's a boss...trax I got your back bro!!!
I’ll happily buy that Mexican 50 peso off you for 1oz price!!
Ha ha - yeah this is a noob
Rather the mexican cenyenario than libertad gold coin 37,5 vs 31,1 finegpld
I like this guy and how he explains things.im subscribed.👍
Saw you in the movie btw, congrats!
thanks
What movie
@@flashallen2298 Uncut Gems
Bro you talk about gold and how we should all buy to protect our wealth but you charge double the spot price on your chains. If you sold your chains at a 15% above spot like Meñe then you you would be in a better position to teach
He’s a Capitalist. He’s giving you free financial intel to protect your money while letting you in on how he turns his profits. He cannot pay his employees/invoices with a minimal surcharge. I advise you to buy investment grade gold bullion close to spot price. Buying gold chains are for people who have secured funds/finances and want to wear their wealth at their own accord.
If you don’t have least 5K in emergency cash or an few ounces of XPT or XAU.
You shouldn’t be buying luxury watches or chains anyway. But,what do I know? 🙈🙉🙊
@@WhoIsDanteFresh You should only comment on what you know , Meñe sells their gold and platinum jewlery with only 15% markup ... Check them out and then check these guys and you will see there is a huge price difference , you better believe that Meñe has way way more employees to pay
Al Holme is mene teaching anyone about. Gold and silver ????
Dante Fresh agreed
Doubt it’s on karat then it’s prob 13k or 9k.
Thanks Trax always great content 🙏 Will be in NY sometime in June will be stopping by your place & see if me & my wife can find something nice.
At last, a video on the true GOLD PURITY: Gold coin ounces and coin rings. now your talking man. enjoyed it. show us more of the same.
Very interesting because you are the boss /proffesor of TraxNYC Diamond Jewerly and have an brilliant heart,,,very honest and always explain the people about the jewerly..Thank you very much Sir
Thsnk so much for this video. It has really helped me.
I like the new chain, I have one like it but in 14k and much smaller, but I still like you’re tri color chain better
I've been watching your videos for over a year now and everytime you mention a seminar or anything of the matter its after the day of the seminar..I would like to attend but it's nearly impossible because you dont mention it until after the fact
That Mexican 50 peso is 37.5 grams With all due respect.
Yes .It’s 1.2 ounces
NO ITS NOT the centenario 50peso 37,5g
its the libertad 1oz coin
@@RH-gs6td 37.5 grams pure Gold ill informed guy lol
@@kennygottlieb3628 0:37 he shows it's actually a centenario 37.5 so he doesn't get his stuff together before making videso
Buy gold for long term investment 😎👍
Dude please do a video on the Utah goldback.
To be honest I really learned quite a bit about gold
Very informative. I’ll make it to one of your seminars one day.
Very good job explaining the finer points of gold coins. 👍👍👍👍👍
Thanks bro
Great video again, I stack the Canadian maples they are a very beautiful coin.
Very good. My favorite is the Canadian coin.
Another awesome Video 👍👍
You’re Awesome Brother!
Bro, the Mexican Centenario contains 1.2 ounzes of fine gold! Not just 1 whole oz.
Because it’s not .999 purity. It’s .900
Yeah but it’s still more than a Troy ounce
I have doubled my money plenty of times buying coin rings near spot. It all works for me at the right price!
That necklace is also missing the collector value of the coins.
Its good to hear Great advice from professionals.
The lesser purity the 22k or the 90% gold coin weighs a little more so it weighs exactly one ounce of pure gold. ( I think ) I have a small treasure channel and I inspire to be like you, just getting started so to speak. Thanks for sharing.
I love ur videos I’m 17 going on 18 and i want to buy some gold oz
Today gold hit an all time high of $2,300!
Allways honest and to the point uk loves you videos
This guy made a good video but pretty sure he was high while doing it. Loved it man
I learned a lot from you, thank you so much
HOLDING 24K GOLD DOES SOMETHING TO THE SOUL THAT CANNOT BE EXPLAINED
Dumb
Love the channel man, I wish I could get that Miami Cuban link ring.
Shorday The Wolf Master you can do it. Just set make a goal and stick to it. That ring will be on your finger before you know it.
@@xXxXxRedEyexXxXx its hard out here in life right now.
Good movie man got a lucky cameo
Uncut gems 💎
Nice cameo in Uncut Gems. Thanks for the info videos
The Mexican coin is more than one oz 1.205 ozt 37.5 gr
The coins you stash and the chain can get snatched
Get your jewelry insured.
I want a chain & bracelet!
That thick cable link chain looks super nice!
I appreciate your honesty. Thanks for all the good information.
The thin Austrian coin could be a 4 ducat coin. .986% pure A nice coin
I think you might have got the centenario wrong it has a heavier weight to it
nice stuff clear precise...
Man those rings are dope and I em not a ring guy at all not even a little bit
first and formost stay healthy and in control meaning no get drunk no drug no smoke or what ever you do watch out always. you have a business take care yourself . i am talking like a mom to you now . ok?
How do we get the catalog ??
I’ve always bought my jewelry from Kay’s but I like trax man
Except the Centenario. That’s 1.2 Troy ounce. 170g 22k chain is very nice.
Good vid love those rings!!!
Nabajo jak says we Navajo Nation of the southwest we wear our wealth in the form of.925 and the Blue Gem of our culture and belief with these natural elements we wear them proudly.
Hiiiii my hero my name is rams form Indian telangana I'm big fan of you wary day watching your videos very nice ❤❤❤❤❤❤❤❤❤❤😍😍😍😍😍👌👌👌👌👌👌
that chain is so well made bro. :) cheers
0:36 "These are all one ounce each" he says while the coin is clearly showing a gold content of 37.5 grams, which is 6.4 grams more than a troy ounce.
You're wrong. The mexican coin is 1.2 troy oz and they aren't 22k. They are 90% gold. 22k is 916%
Super 24 c gold coins
I LOVE those coin rings
I have been wanting a 22k chain or bracelet! Can you please send me a link to your company? I would really appreciate it! Silver Stallion
Check our website www.traxnyc.com
some examples of chains : www.traxnyc.com/Mens-Chains-Gold-22K-Yellow-Gold-Foxtail-Link-Chain-22-Inches-3mm-31.96-Grams-bs_1-item64774.html
@@TraxNYCDiamondJewelry awesome thanks traxNYC! Silver Stallion
I would love for you to checkout my silver and gold stacking channel! I've only been making videos for 2 months now, so my talking is getting better and I just got a tripod but I need to get the attachment to hold a photo or a camera. Then my videos will be still! Woohoo silver Stallion
Hey Brotha, just seen Uncut Gems, bro your a natural! You killed Yussi my man, proud of ya pal!! 1-love
Might be a longshot, can u do a video for UK viewers? You ship to UK? Any idea on import tax
What an honest opinion.
Thank you for sharing this appreciate you
Respect thanks for the info
I would wear it as a pendant
Mex 50 Peso is not a Troy Ounce, they are 37.5 rams pure 24K gold but they are in 22K so the weight of that coin is 41.66 grams
those rings you wearing are fresh bro, do you still have any available?
Thank you for your vids bro, keep it up.
I love finding gold lol it’s all profit in a sense
Nice chain
🔥 🎩
✌️PRECIATED
💯
🙃
👑
Gold has mos definitely gone down many times in ur life be real! Everything else u preach is pretty on par✡️‼️
Thank you
Nice videos 👍 always full of information
Hey i like ur video u talk good stuff im looking a deal.how much would cost me 100 gram 14k gold chain that franko chain ?
Quite. There assets they do not depreciate. I'm a coin collector. Get some Wheaties 😂 lol too Sending LOVE
You should have more views brotha
Congrats on the movie cameo!!!
well actually the saint gaudens $20 double eagle has .9675troy oz of agw. they are 1.075troy oz of 900s fine gold.
nice coins though, cheers!
Love them ❤👍👍👍
Thanks
Thank you so much God bless you bro 👍🙏
How can i buy that catalogue???
Enjoyed your Video"" Nice"" ..? "WISE GUY"
...IT IS A ""POSTIVE ""
Centenario FTW🔥😍
Omg I missed the class😭
How much is the chains he wearing worth????? If the coins are so popular as he says then how come you never see them? ANYWHERE!!!!!!
and people still ask me why I consider 10k as fashion jewellery...
Why
TraxNYC if i have 5 krugerrands 1oz finegold coins, what is the Price for getting them melted and made to a chain like the. one you have and show us(170gram 22k) i got a lot of heavy 585 chains and bracelets,i want to convert to higher carat,18-23k(750-965au)! in Denmark where i live i can, pay 6-700$
to the jeweller,after i have gveimg him the ammount of gold he should use to, made me a new chain,up to 300grams finish product,or else it Cost 25% more(if you go for the big ones!)
thanks for teaching us
What’s the gold website??? I can see the live gold price