GOLD VS CASH : What do you choose?

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  • Опубликовано: 5 ноя 2019
  • Today, I'm gonna show you why you have to choose between gold or cash
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Комментарии • 395

  • @TraxNYCDiamondJewelry
    @TraxNYCDiamondJewelry  4 года назад +47

    And you guys, What did you choose?

  • @delacroix97
    @delacroix97 4 года назад +63

    gold obviously, anyone on this channel would pick gold, or anyone with any sort of financial literacy would choose the gold bar.

    • @atlantaogatlantaoh3546
      @atlantaogatlantaoh3546 4 года назад +3

      Nope I’d put it towards a down payment on a duplex lol

    • @realvo1ce633
      @realvo1ce633 3 года назад +1

      Some people want instant gratification

    • @jorgeo1492
      @jorgeo1492 2 года назад +3

      Some of us can take that 15k and turn it into more. You have 15k worth of metal sitting in your house congratulations. You might sell it for double in 20 years. But what if you had rented property. Financial literacy lmao

    • @clint8302
      @clint8302 2 года назад

      @@jorgeo1492 that 15k damn near doubled since this interview though, CVOID made the price of gold go up. I"m glad i've been holding and buying more gold.

    • @atlantaogatlantaoh3546
      @atlantaogatlantaoh3546 Год назад

      @Oh My you get taxed for capital gains if I were to sell right away so it wouldn’t be 15k

  • @paulnicolas5742
    @paulnicolas5742 2 года назад +22

    To whoever reading this , never stop chasing your dreams you can do it . Keep pressing and thriving you will make it ! Consistency is the key to achieve your goals

    • @jeffersonthomas1343
      @jeffersonthomas1343 2 года назад

      The mind replays what the heart can't delete . So be careful what you keep in your heart . Purify it often.

    • @stellaparker2372
      @stellaparker2372 2 года назад

      Investment put you ahead in life , is like buying a day off you don't have to work again , invest now and secure your future .

    • @johnsonlawman3093
      @johnsonlawman3093 2 года назад

      Making profitable trades isnt as hard as you think, I took the right steps as a beginner by investing with a reliable brokerge where all my trades are being handled by financial expert.

    • @christinamaria4196
      @christinamaria4196 2 года назад

      Delightful😁 i dont know who need to hear this but saving money wont make you a millionaire investing will, some take out so money and invest, but invest wisely

    • @victorpsalms8558
      @victorpsalms8558 2 года назад

      Mrs Gabriella trading services are really great , her methods works like magic I keep on earning every single week with her new strategy

  • @preciousmetals9255
    @preciousmetals9255 4 года назад +14

    I’m down with Silver bars. If I was ask that question by a person off the street I would choose precious metals so fast. Fiat currency is not real money!! TF outta here!!

  • @TheBloxDev
    @TheBloxDev 4 года назад +32

    I learn a lot from these videos

  • @Sesamestreet9080
    @Sesamestreet9080 4 года назад +10

    Many people don’t appreciate trax dropping financial gems as a jeweler. Many didn’t peep trax talking about de-dollarzation .

    • @THEBIGGESTSCUMBAG
      @THEBIGGESTSCUMBAG Год назад

      TOO MANY PEOPLE. ROCKERFELLER BASED SCHOOL SYSTEMS ARE WINNING

  • @justus1222
    @justus1222 4 года назад +1

    I loved you man. The information are useful and the delivery is gangsta/fresh.

  • @1hard2findbro
    @1hard2findbro 4 года назад +5

    You guys are awesome! This is my favorite channel right now 🏆

    • @TraxNYCDiamondJewelry
      @TraxNYCDiamondJewelry  4 года назад +1

      1hard2findbro Thank you very much my friend, thanks for following us

  • @rumblebee4204
    @rumblebee4204 4 года назад +3

    Facts again!! Keep it up! Thank you for the great content

  • @wilsonseg-ed990
    @wilsonseg-ed990 Год назад +1

    thank you sir for your advices...this info from you is our advatage among others

  • @Whatia28
    @Whatia28 4 года назад +20

    Trax you got a big fan base,they been killing that fake arse Ben smaller on his channel,people are starting to see fake from real now and your real keep up the good work

    • @TraxNYCDiamondJewelry
      @TraxNYCDiamondJewelry  4 года назад +4

      Heather Rapana Thank you very much dude , we’re keeping this way

  • @malcolmsmith8694
    @malcolmsmith8694 3 года назад

    I watched your videos, and learn. Much love from Wheeling West Virginia.

  • @curlyhairdudeify
    @curlyhairdudeify 4 года назад +19

    I'll take metal over toilet paper....

  • @ahmedsgallery3507
    @ahmedsgallery3507 3 года назад +1

    Now after watching couple of your videos I can say you do have great knowledge on this man mashallah. Subscribed my dude. you're teaching a lot for free. well, the least we can do is to click on ads. thank you.

  • @santanamargiela
    @santanamargiela 4 года назад +42

    It's why this federal reserve banned gold in 1913. Too powerful

    • @mattck92
      @mattck92 4 года назад +1

      Jewel Melendez huh?

    • @animationcreation7078
      @animationcreation7078 4 года назад +2

      agreed

    • @MrPrush-ji4gs
      @MrPrush-ji4gs 4 года назад +3

      Lmfao okay internet expert

    • @thejam7129
      @thejam7129 4 года назад +2

      Nah they did it because they want to tax you with inflation.

    • @firstnamelastname-td2in
      @firstnamelastname-td2in 3 года назад +1

      @@mattck92 they basically confiscated gold. or paid $20 an oz. and reevaluated it and sold it at $35 and oz. 1933 they basically took money off gold and Nixon finished the gold standard in 71 or 72. that's why pre 1933 gold has a higher value than just melt

  • @arcangel4940
    @arcangel4940 7 месяцев назад

    Awesome 👌 video so educational info that pendant bar is beautiful

  • @Review-This
    @Review-This 4 года назад +18

    Silver to gold ratio. Buy silver now so when the ratio turns down trade that silver for gold. Easy way to double your investments.

    • @Review-This
      @Review-This 4 года назад

      KickStartTV Right now it takes 84oz of silver for 1 oz of gold. So keep buying silver and once the ratio drops to the mid 40’s you can trade 40oz of silver for 1oz of gold. That means you just got a 1/2 oz off gold free or you only paid 1/2 the price for a full 1oz bar of gold. Keep trading back and forth and just stacking never sell into cash because cash has is only losing its buying power with the true inflation of around 5% a year. Just look at the housing market it take double the money to buy a house that’s because the USD is loosing is buying power. Hope that makes since.

    • @4Thug2Life0
      @4Thug2Life0 4 года назад +1

      KickStartTV u need a lot of than that my friends that’s like $30-40 worth of silver. It’s been a while but silver was around $25/oz last time I checked which was many months ago. U should get silver oz coins/bars. But we all gotta start somewhere just get it while it’s cheap and one day prices will go up.

    • @karlosspades7293
      @karlosspades7293 4 года назад

      Silver at 18bux your gunna have to get a lot of silver pal 581 kilo lol

    • @bronxbully6261
      @bronxbully6261 4 года назад

      @@4Thug2Life0 silver is a better investment because it's cheap like gold once was gold is no longer a investment at this point at 1500 a ounce

  • @user-oy9zy4ds9m
    @user-oy9zy4ds9m 4 года назад +5

    Fantastic. I love gold because its a savings mechanism , protection from inflation, an appreciating asset and beautiful and fun to hold and look at

  • @Ye-kh7qh
    @Ye-kh7qh 4 года назад +3

    Ive recently started watchin your videos and i immediately picked the gold because of the info ive gotten from you

  • @chateaubullion2560
    @chateaubullion2560 4 года назад +6

    Gold is a hedge against dollar debasement.

  • @maxmagnum73
    @maxmagnum73 3 года назад +3

    Keep up the good work keep educating the public! Blessings🙏

  • @andym8540
    @andym8540 4 года назад +2

    Thank you Trax : keep spreading knowledge ! 🧠💙

    • @lowlyfebutgivemlyfe
      @lowlyfebutgivemlyfe 11 месяцев назад

      Too damn funny keep spreading, don't play cards 🥰😉😑

  • @realMelonTusk
    @realMelonTusk 3 года назад +6

    I'm definitely placing my financial future in good hands by investing in gold grills.

    • @michaelf6705
      @michaelf6705 Год назад

      ya ned an expensive entourage, just to keep them in your mouth.

  • @nateseu3983
    @nateseu3983 4 года назад +5

    I chose the gold. Thanks trax for the wisdom about gold, we appreciate it

  • @tenkay4136
    @tenkay4136 4 года назад +1

    Nice Video bro. Always enjoy these videos.

  • @Ukw975
    @Ukw975 2 года назад

    Great video!!! Thanks bro...

  • @andrewlwinanssr1261
    @andrewlwinanssr1261 Год назад

    Thank you for info brother 👊🏻👍🏻

  • @nikkoabadilla12
    @nikkoabadilla12 4 года назад +2

    This guys just a genius. For real. Super helpful.

  • @MartinMartinez-uq4gx
    @MartinMartinez-uq4gx 4 года назад

    Legendary what u did there putting the 24kt 5oz bar in the pendant. Just beautiful what you did there. I will own one of those. 👑

  • @briansullivan7574
    @briansullivan7574 Год назад

    Great informational video!

  • @nickiscott3235
    @nickiscott3235 4 года назад

    That little configuration with the 10 oz bar in the pendant is one of the most clever and intellectual shit I've seen performed in a very long team. (BOE) BRILLIANCE OVER EVERYTHING/ BRAINS OVER EVERYTHING!🤑🔥🔥

  • @randymurray934
    @randymurray934 4 года назад +2

    Do you sell those frames / Bezel in smaller version.. I was looking for one for a 5 gram pamp.. No diamonds just a gold bezel

  • @brazykay6084
    @brazykay6084 4 года назад +12

    Jewelry can definitely be a liability especially when you buss it down

    • @realMelonTusk
      @realMelonTusk 3 года назад

      no cap

    • @jorgeo1492
      @jorgeo1492 2 года назад +1

      What the fick is "buss it down"

    • @brandonross2569
      @brandonross2569 2 года назад

      @@jorgeo1492 adding diamonds to a solid gold cuban links... bussin it down

  • @AAbreu004
    @AAbreu004 2 года назад

    Cool 😎 thanks for the info

  • @jlong232
    @jlong232 4 года назад

    ❤️❤️ Thanks Føř great explanation of metals❤️❤️

  • @Makechekvanfart
    @Makechekvanfart 2 года назад +1

    Your the man!!! 😎👍🏽

  • @ff-mu6cc
    @ff-mu6cc 2 года назад

    Thanks sir!

  • @rhc287
    @rhc287 3 года назад

    That's a beautiful bracelet, I will call you about purchasing one like it.

  • @deesnoots
    @deesnoots 4 года назад +2

    Damn this guy makes a dude want to work n learn from him. Straight forward teacher

  • @jaredryan1505
    @jaredryan1505 4 года назад

    Love Trax

  • @raybugz9275
    @raybugz9275 4 года назад +1

    Hi Traxnyc, What are your thoughts on buying 950 or 990 platinum chains? Is it a good investment as gold?

  • @cvetanbelnikolovski9608
    @cvetanbelnikolovski9608 4 года назад +1

    Rly good video ! ... btw bro did u gain some waigth or its just the camera :/ ?

  • @denisemcjunkins4391
    @denisemcjunkins4391 4 года назад

    Excellent video.

  • @pugfugly1989
    @pugfugly1989 4 года назад +1

    Yo, Alan Watts is quoted as saying "these days, people prefer money, rather than tangible wealth". I'd take that ten ounces of gold, and turn it into something I can wear. I come from a super old Scottish family that passed down all sorts of stuff, one of which is a medallion with our coat of arms on it, made out of pure gold from melted down Roman coins. Our family wealth didn't last, but that medallion is over 300 years old. I've got a bunch of jewelry that's worth a ton of money, but I can at least pass down the jewelry and it'll keep getting passed down, unlike money which gets spent.

  • @mijoy1477
    @mijoy1477 4 года назад +2

    Thank you !!!

  • @maxmagnum73
    @maxmagnum73 4 года назад

    Your absolutely right! 👍

  • @nbsf_
    @nbsf_ 6 месяцев назад +1

    Just 4 years later and the difference between the gold and the cash has changed from $5,000 to about $11,000. Just the gains are worth more than the cash.

  • @lucasforti213
    @lucasforti213 4 года назад +2

    Hey, how can you spot gold bars filled with tungsten?!?!

  • @lawrencedc1
    @lawrencedc1 3 года назад

    So...Hypothetical Question. Do you take (if offered) a 5oz. Bullion Bar of Gold or the equivalent in a 22k Miami Cuban?

  • @trbegay4497
    @trbegay4497 Год назад

    Man your chance is nice an I love gold now...
    I just got one 18k rist band...
    I hope my purchase was good...

  • @dylanessad9489
    @dylanessad9489 4 года назад +1

    Is VVS an actual diamond quality or just a marketing scheme by designers and ben ballers? I hear it in rap songs but you only mentioned SI and VS in your video on how to identify diamond quality. Thanks Trax, you're the realest

  • @jamesmanganti1466
    @jamesmanganti1466 Год назад

    The true traxnyc the mos't channel i love it'🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟♥️♥️♥️

  • @pdg90
    @pdg90 Год назад +1

    October 30th, 2022
    Gold: $1,644.70 usd per ounce.
    Silver: $19.26 usd per ounce.

  • @chronic911
    @chronic911 4 года назад +1

    Great video as always. Thank you, i'll be making a purchase soon. I'm your website I don't see Gucci links, or Barrel links. Do you offer them? Thanks bro

    • @TraxNYCDiamondJewelry
      @TraxNYCDiamondJewelry  4 года назад

      ryan g Call us on our line if you want more informations, hope to see you soon

  • @interceptor90ify
    @interceptor90ify 4 года назад +6

    GOLD all day. Sit on it!!

  • @Jay-A
    @Jay-A 4 года назад

    Your so right!

  • @davidhamtaro
    @davidhamtaro Год назад +1

    It’s no longer $1500 my friend! Just proved your point.

  • @TALINGLIZA
    @TALINGLIZA 4 года назад +1

    You can go anywhere in the world, and the best currency is GOLD. If you have some dispposable income buy GOLD, even to buy for your kids, when they grow up, whatever. Trax, good explenation, very articulate, even the guy on the street understood what you mean. Good luck and good health.

  • @fabian4494
    @fabian4494 Год назад

    Man I’ve been watching all of your videos I’ve deleted every other jeweler off of my IG and only follow you I’m taking a trip to New York in sept 2023 to come see you

  • @shouketmahmood298
    @shouketmahmood298 3 года назад

    Very interesting and informative

  • @sentoffsandoz9310
    @sentoffsandoz9310 4 года назад +1

    Real God for educating the next generation on real investment, got my mind ticking over, got cash coming my way soon. 26 years old and ready to start making these power strides.
    Big ups brother

  • @centexsucks1
    @centexsucks1 2 года назад +1

    Very interesteing. Now the price is almost 19k which means that your saving would have grown by 4k opposed to the 15k cash is probably worth 12k. great video!!

  • @MUDSWAT
    @MUDSWAT 4 года назад +1

    Dudes got gold screws!! Nov 6th is my birthday. :D

  • @aquarius9900
    @aquarius9900 4 года назад +4

    I chose the gold because it can be made into unique treasures and the value can be increased beyond its stock value.. the options are endless but when it comes to the FIAT... it cant be melted together or alloyed or made into jewelry... the only benefit to it is it makes better T.P then a gold bar... HAHA

  • @cristianflores5299
    @cristianflores5299 3 года назад +1

    Thank you

  • @edwardchege2623
    @edwardchege2623 2 года назад

    So what would African nations mining gold use that to their advantage. Developed nations have tech industries, capital flight has been an issue, how would you fix it?

  • @Kojokoy
    @Kojokoy 4 года назад +1

    I love this video

  • @nedriley6991
    @nedriley6991 4 года назад +8

    The 10 ounce of gold

  • @TheTexashammer24
    @TheTexashammer24 3 года назад +1

    Thanks

  • @MoneyRay619858
    @MoneyRay619858 Год назад +2

    …as of 11/25/22 that ten oz Gold Bar of pure AU is worth $17,560

  • @Primo0897
    @Primo0897 4 года назад +1

    I choose Gold obviously. Gold is a precious rare metal. Money is just paper that could be reproduced

  • @josephguastella8037
    @josephguastella8037 3 года назад +2

    We invest in Gold so when Shit hits the fan we can trade it for cash 💸 😏

  • @aquarius9900
    @aquarius9900 4 года назад

    Hay can we get a review on the top gold testers such as the sigma verifier { bullion jewelry} and the xrf xray florescence and the best ways to know how to test for half fake gold gilded/plated jewelry and bullion bars? as an educational video because some of the top testers are upwards of $800 to thousands of dollars .... i would respect your input very much on the top testing tools. and another video idea would be the top gem and diamond testing tools on the market... i have watched alot of videos on the sigma verifier and it is one of the tools that can detect thick plating over bars and gold coins like golden eagle ... Thanx

  • @redacted.handle
    @redacted.handle 4 года назад +1

    Trax you’re a fucking smart guy just been watching your past videos
    Talking about marketing, leverage, using education to promote your brand etc.
    What books do you read?

  • @amaly76
    @amaly76 3 года назад +1

    “So long as you don’t get shot” lol. You need to walk around with eyes in the back of your heads walking around with that.... BUT gold is the obvious choice vs fiat.

  • @weerobot
    @weerobot 4 года назад +1

    Both please..

  • @maxmagnum73
    @maxmagnum73 3 года назад +1

    Gold all the way it will increase in value! Thank for the video 👍

  • @shelly9661
    @shelly9661 3 года назад

    Sweet 😍😊 lol your funny. No cussing 🐔 Like a Beast 😂 Need some Contacts ? You are very informative. Your the Best. I need jewelry going to order something soon 😍

  • @kraly.9582
    @kraly.9582 4 года назад

    I wanna buy Gold Double is it a good option ?

  • @TROUBLEDAGREAT
    @TROUBLEDAGREAT 4 года назад

    If you was buying gold bars where do you buy them ? Or point me in a good direction to buy gold bars online

    • @TROUBLEDAGREAT
      @TROUBLEDAGREAT 4 года назад

      And what branding name do I need to buy?

  • @ftav1008
    @ftav1008 4 года назад

    I love these videos gold straight golden...

  • @netkohen
    @netkohen 4 года назад +4

    I totally agree with the fact that gold does appreciate, but many companies are working on astroid mining and if in 10 years from now we master this sector; the value of gold and other elements will decrease. I think you should look into this. Incredible video as usual!

    • @TraxNYCDiamondJewelry
      @TraxNYCDiamondJewelry  4 года назад +14

      the gold in those asteroids will cost more then the gold on earth because of the price getting to it.

  • @brooklynn52dee38
    @brooklynn52dee38 4 года назад

    What happens if gold becomes contraband? Then what would you do? Thanks!

    • @otsmalls1580
      @otsmalls1580 Год назад

      Then the value will sky rocket in black market.

  • @PorkysNewTeeth
    @PorkysNewTeeth 3 года назад +1

    You just cant hate this guy. He gives game to the people. He didn't have to but he did because hes a top guy

  • @dustinadamson7293
    @dustinadamson7293 4 года назад +4

    "they are putting the money in the hands of the wrong people"

  • @lexthaapextrucker980
    @lexthaapextrucker980 3 года назад

    Trax how do I get gold close to the equivalents of cash?

  • @DavidFullard
    @DavidFullard Год назад

    Holy shit, you got the shit, wow your like a crocodile salesman, cool as. love it.

  • @coke8077
    @coke8077 2 года назад

    Is gold a good investment? Like as an alternative to stocks or crypto.

    • @THEBIGGESTSCUMBAG
      @THEBIGGESTSCUMBAG Год назад

      GOLD ISN’T BOUGHT AS AN INVESTMENT, IT’S BOUGHT AS INSURANCE AGAINST DEVALUATION OF FIAT

  • @sparcx86channel42
    @sparcx86channel42 3 года назад

    the problem is to evaluate if the bar is legit
    if is legit, the gold is the way to go unless you have urgency matters

  • @DonDada5280
    @DonDada5280 4 года назад

    Where can you sell gold bars

  • @faceapp3962
    @faceapp3962 4 года назад +2

    Very informative, I love it , but I love to invest into lego I really want to invest into gold soon tho

    • @faceapp3962
      @faceapp3962 4 года назад +1

      @Spiders, Inc. , yes very rare sets , I have over 13 sets worth over 1k each

    • @faceapp3962
      @faceapp3962 4 года назад

      @Spiders, Inc. , I have got the Eiffel Tower, lots of star wars and a few Harry Potter , statue of liberty , and lots of other diffrent ones

    • @faceapp3962
      @faceapp3962 4 года назад

      All retired sets , brand new never been opened, none of the new sets

  • @tajkillerscape
    @tajkillerscape Год назад

    Which Evers worth more an easier to save, I wish diamonds were in the picture. :D

  • @GODLUAT
    @GODLUAT 8 месяцев назад

    I'm watching this in 11/25/23 thanks man

  • @efrayim100
    @efrayim100 Год назад

    This video was 2 years ago just like he said now gold is higher. I’m glad I started investing in gold bars

  • @Tooom28
    @Tooom28 4 года назад

    How much kilo gold do you guys have

  • @ShadowyTheories777
    @ShadowyTheories777 Год назад +2

    3 years after this video gold is now $2010,00 per ounce 😱😱

  • @WatZyAnAmE
    @WatZyAnAmE 4 года назад +5

    the GOLD standard

  • @alizainhalani1237
    @alizainhalani1237 4 года назад

    Should I make all my savings into gold?

  • @jamesdavis5096
    @jamesdavis5096 Год назад

    Where do you get your gold bars at? But where do you get your platinum bars that is even more important

  • @sargez9525
    @sargez9525 4 года назад +5

    Im for the gold🤑