This Is Why It Is OK To Buy Premium Silver!

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  • Опубликовано: 8 сен 2024
  • #gold #silver #investing
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    Welcome to our channel! 📈💰
    Are you considering investing in silver but unsure about the best strategy? With market fluctuations and economic uncertainties, silver remains a popular choice for investors looking to diversify their portfolios. In this comprehensive video, we explore whether now is the optimal time to buy silver and discuss effective strategies for investing, particularly when the price drops. Should you go all in or take a more measured approach?
    In This Video, We’ll Cover:
    Current Market Trends and Analysis:
    Overview of the silver market.
    Key factors influencing silver prices.
    Expert predictions and future outlook.
    Historical Performance of Silver:
    Silver's track record as a long-term investment.
    Comparison with other precious metals and assets.
    Investment Strategies:
    This video was conducted on behalf of Alaska Energy Metals, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: portal.goldsta...
    Drip Feeding Your Investment:
    Explanation of dollar-cost averaging.
    Benefits of spreading out your investment over time.
    How to implement this strategy effectively.
    Buying All In One Go:
    Potential advantages of a lump-sum investment.
    Risks associated with this approach.
    When this strategy might be more appropriate.
    What To Do When The Price Drops:
    Understanding market corrections and volatility.
    Strategies to maximize returns during price drops.
    Importance of having a long-term perspective.
    Responsible Investing:
    Setting realistic investment goals.
    Balancing silver with other investments.
    Ensuring your investment strategy aligns with your financial situation and risk tolerance.
    Key Takeaways:
    Drip Feeding vs. Lump-Sum Investment:
    Drip feeding (or dollar-cost averaging) involves buying silver at regular intervals, which can mitigate the impact of market volatility and reduce the risk of making a large purchase at an unfavorable price. This strategy helps in maintaining discipline and avoiding emotional decision-making.
    A lump-sum investment might be suitable if you believe the current price of silver is exceptionally low and expect significant appreciation in the near future. However, this approach carries a higher risk if the market experiences further declines.
    Responsible Investing:
    Regardless of the strategy you choose, it’s crucial to invest only what you can afford to lose. Diversify your portfolio to spread risk, and avoid putting all your funds into a single asset class. Silver can be a valuable part of a diversified investment strategy, but it should not be the sole focus.
    Additional Resources:
    [Link to silver market report]
    [Link to investment strategies guide]
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    Don't miss out on these valuable insights! Subscribe to our channel for more investment tips and market updates. If you found this video helpful, please like and share it with others who might benefit. Have questions or thoughts? Drop them in the comments below - we love hearing from you!
    Disclaimer:
    This video is for informational purposes only and does not constitute financial advice. Always consult with a financial advisor before making any investment decisions. Your financial situation is unique, and the strategies discussed here may not be suitable for everyone.
    Thank you for watching!
    #SilverInvestment #BuySilver #DripFeeding #LumpSumInvestment #MarketTrends #InvestmentTips #FinancialAdvice #PreciousMetals #ResponsibleInvesting
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    Stay safe, stay healthy all.
    Thanks also to the channel sponsor The Silver Forum!
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    A 4k Camera & close ups of coins! What more can you want!?
    What do you think? Comment below!
    Comments welcome below or email me at byb@backyardbullion.com
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    backyardbullion
    Thanks for watching and I will see you next time!
    Topics covered in this video:
    banking, finance, gold, silver, precious metals, cash, wealth preservation, economic uncertainty, financial independence, store of value, means of exchange, alternative finance, bank withdrawal, financial strategies, personal finance, financial system, economic trends, global economy, investment, asset allocation, monetary policy, inflation, deflation, wealth management, fiat currency, currency devaluation, financial education, financial literacy, monetary history, financial freedom, financial planning, asset protection.

Комментарии • 32

  • @davidkaye8712
    @davidkaye8712 Месяц назад +9

    I started stacking 4 weeks ago and already have 5oz and now you show me this, you are not helping my new addiction :)

    • @royharris7135
      @royharris7135 Месяц назад +1

      Happy stacking yes its addicitive been at this 18 months im only a novice but love looking at the stack grow every month..

  • @andrewhigginbottom6525
    @andrewhigginbottom6525 Месяц назад +2

    I have the same coin and I just lurrrrve how they've done the tiger ..those claws.
    Antiqued silver, you can handle it without gloves and also why it doesn't come in a capsule. I've been handling mine for ages with bare fingers on the sides only and no sign of finger prints/skin oils.
    I also have the 2023 5oz Fu Lu Shou and just last month picked up the 2023 5oz Phoenix and Birds, all 3 from the same commissioning company (Coins Australia). The 3 on stands in a triangle formation on the TV stand in front of the TV look great together ..and give me something to feast my eyes on during TV commercials :D
    ..the antiquing of the queens effigy has her looking like she just woke up after a heavy drinking session :D

  • @stephenyoung8429
    @stephenyoung8429 Месяц назад +3

    On Thursday BYB picked up 7 x 1oz gold coins from me. He had sold all 7 above spot within 3 hours, which was impressive! Well done BYB 😊. In the past I have bought silver from him, and he keeps a consistent high standard. BTW, His selling cost per coin was £30, hence why he sells above spot 1.5 to 2 %. Better than using the larger big boys out there, which I've bought and sold to in the past 👍

    • @BackyardBullion
      @BackyardBullion  Месяц назад +1

      Thanks my friend!

    • @Goldylocksss
      @Goldylocksss Месяц назад

      Ah, blast, missed out on him selling those 1oz gold coins😢bet selling at reasonable price too😢

  • @ralph007silver
    @ralph007silver Месяц назад +2

    That's an incredible piece !
    It doesn't hurt at all to have something special now and then alongside ordinary bullion coins. It adds interest to a collection

  • @gary-pv8vz
    @gary-pv8vz Месяц назад

    I am more accurately an ‘accumulator’ rather than a ‘collector’ however, I do occasionally indulge in buying premium silver. This is a magnificent item and my brain greatly desires due to the yin yang symbol being incorporated into the design.

  • @nicholasblakiston6297
    @nicholasblakiston6297 Месяц назад

    I always like to buy 3 of any of this type of coin I get because I want to be able to keep one, sell one, and have another to sell after I sell one. I try to get coins with themes that I believe will be popular in the future but it's always a guessing game.
    With collectibles in general, I see them as a very long-term investment for after we've had economic freedom for a long time to where most people have their basic needs met and seek novelty. The right collectible coin from today could yield a windfall for a future generation.
    I didn't get into collectibles until I already had a substantial stack of bullion and I think that's the way it's supposed to be.

  • @DeeCee-nb6ev
    @DeeCee-nb6ev Месяц назад +1

    It’s not for me. For that sort of money as a collectible i would rather buy something like an El Cazador coin. As you say though its what the individual likes not what everyone else likes.
    Is it to be on show in your home like in a display cabinet or stashed away out of site, the latter would make it a pointless buy to me unless it was for investment purposes.

  • @martync7436
    @martync7436 Месяц назад +2

    It would be a shame to lock that away in storage!

    • @icycoldcanofcoke
      @icycoldcanofcoke Месяц назад

      Yep, surely on the mantelpiece or displayed somehow?

  • @puck14209
    @puck14209 Месяц назад +1

    Do you buy directly from the Perth Mint?

  • @davidrowlands9709
    @davidrowlands9709 Месяц назад

    Beautiful coin great detail.perth mint do a fantastic job on there coins and bars.

  • @ianritchie9017
    @ianritchie9017 Месяц назад +1

    Absolutely glorious BYB, and the cost of it doesn’t interest me, Just sit there and enjoy for an indefinite period. Look forward to Sundays upload

  • @csblin
    @csblin Месяц назад

    I have come to the conclusion that the only way to justify buying 'premium' silver products is if you can afford to burn the same amount of cash or throw the literal equivalent paper bills down the drain... or if you love them and intend to keep them. I agree with your video :-) lol

  • @nickgardener5802
    @nickgardener5802 Месяц назад

    Absolutely beautiful. You know when you take delivery it’s going to be perfect and you can enjoy it without having your fingers crossed.
    The 5oz coloured and high relief are different level.

  • @robertorodriguez-zi1vd
    @robertorodriguez-zi1vd Месяц назад

    I bought a 2022 Australian dingo mother and cub 10oz silver and the thickness don’t match the manufacturer’s specs , anyone has run in to this issue ?

  • @markworton2491
    @markworton2491 Месяц назад +3

    It’s not a coin. You might aswell buy a piece of Wedgwood. Hang it on the wall if that’s your thing. Let’s see real coins.

    • @andrewhigginbottom6525
      @andrewhigginbottom6525 Месяц назад +1

      Its legal tender in Australia, its a real coin.

    • @icycoldcanofcoke
      @icycoldcanofcoke Месяц назад

      ​@@andrewhigginbottom6525looks like it's legal tender in Tuvalu!

  • @snotnosedlilkid
    @snotnosedlilkid Месяц назад

    Just bought the 1oz silver rectangular coin from the Perth mint,really love it

  • @royharris7135
    @royharris7135 Месяц назад

    I picked up two 1oz silver libertads one with the flag of mexico the other a skull head both with great colour and a mintage of 500 each and two 1oz silver eagles animal series wolf and tiger 500/777 mintage and 1oz silver american eagle gold gilded and ruthenium plated mintage 500 all stunning

  • @rasbobbo
    @rasbobbo Месяц назад

    Beautiful coin. Probably the only chance I’ll get to see it is In Focus Friday

  • @well-blazeredman6187
    @well-blazeredman6187 Месяц назад

    Wow!

  • @Michael-fg8cd
    @Michael-fg8cd Месяц назад

    Do these kind of coins have something extra to prevent tarnishing?

    • @andrewhigginbottom6525
      @andrewhigginbottom6525 Месяц назад

      The antiquing process stops them from tarnishing.

    • @Michael-fg8cd
      @Michael-fg8cd Месяц назад

      @@andrewhigginbottom6525 That's good to know thank you

  • @explodedstarmonkey
    @explodedstarmonkey Месяц назад +1

    Dont like the queen, china anything, or high premiums. The high relief and colorization are beautiful.

  • @Memee833
    @Memee833 Месяц назад

    In the centre it's showing you, the Sun & the Moon......

  • @philipbant657
    @philipbant657 Месяц назад

    Hello BYDs, unfortunately for us all, alot of our silver comes with that aufull 20% VAT. premium.
    (If we don't search around,)
    Looking forward to Sunday then.

  • @CoiNoob71
    @CoiNoob71 Месяц назад +1

    I always tell people that if a coin resonates with you, buy it! I just picked up the Perth mint Rubicks cube 2oz with a floating mini cube and a rubiks cube box you solve to open it, reminds me of my youth and worth the premium to me. Beautiful 5oz there too buddy