As a fellow trucker i have been in silver before i got into the tractor but i saw it when i bought my first 1/4 ounce of gold it went up 90 dollar in a month i knew then that i was to heavy on silver and now im buying gold not selling my silver just buying gold to add to my stack
Trading silver for gold is a great way to lower your gold to silver ratio without having to buy a lot of gold! You very rarely see anyone trading their gold for silver, that should speak volumes of what’s better to stack! I like what you said about silver being a fools game. I do however stack silver, just not nearly as heavy as gold (30:1)
Silver has a long history of use as money and it could be argued that it has been even more influential than gold. Because silver is more abundant than gold and its value lower, it has been more effective at small day to day transactions for the large majority of citizens. As a renowned monetary commodity like gold, silver has an 'intrinsic' value in and of itself, making it ideal as a currency and store of value. With a limited and diminishing supply (unlike gold), silver has consistently sustained its value as currency for over 4,000 years. Silver is also in the constitution as equal to gold, ArtI.S10.C1.2 Coining Money by States. A historical analysis by the World Gold Council shows that despite gold's current higher market value, silver's intrinsic value is higher due to its relative rarity being five times less abundant than gold (World Gold Council, 2023) - I find the value of Silver much easier to understand than 'believing' in Gold, but for the mainstream ignorance seems bliss..
I don't agree with you. There are many positive aspects to Silver and owning it. But just as I wouldn't stack 100% gold, I wouldn't do that for Silver as well. A balance between the 2 metals is good.
_There’s nothing wrong with having a balance, if you watch the whole video, you would understand that putting the majority of your wealth into gold versus a savings account is good for you and the nation because it cripples the federal reserve bank a foreign private entity that we are eternally in debt to_
_Think about it like this, tomorrow never promise you that you would see another day, if you need $2660 in your pocket right now you’re either going to trade in a 1 ounce gold coin in your pocket or lug around over 5 pounds plus the inconvenience of your time it’s going to take to count 5 pounds worth of silver coins or 83 ounces to make sure each coin is real_
_fractional gold typically has higher premiums compared to one-ounce gold, meaning that when buying fractional gold, you pay a larger percentage above the spot price of gold per gram due to the increased cost of manufacturing smaller coins; making one-ounce gold generally a more cost-effective option for investors._
So pay the insane premium for silver coins and then sell them likely back of spot only to pay another premium for the buffaloes? That’s the dumbest advice I’ve ever heard.
@@dorian1761 _Then you’re not as tactical as I would assume you to be, who the hell would pay insane premiums for silver 90% of the people that are in the silver market knows how to get ounces of silver for damn near spot price you must be in that bracket of the 10%_
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As a fellow trucker i have been in silver before i got into the tractor but i saw it when i bought my first 1/4 ounce of gold it went up 90 dollar in a month i knew then that i was to heavy on silver and now im buying gold not selling my silver just buying gold to add to my stack
I personally prefer the American gold Buffalos.
I buy silver because of the ratio.
Trading silver for gold is a great way to lower your gold to silver ratio without having to buy a lot of gold! You very rarely see anyone trading their gold for silver, that should speak volumes of what’s better to stack!
I like what you said about silver being a fools game. I do however stack silver, just not nearly as heavy as gold (30:1)
Very true!
I appreciate your candor, and the truth you speak!
Silver has a long history of use as money and it could be argued that it has been even more influential than gold. Because silver is more abundant than gold and its value lower, it has been more effective at small day to day transactions for the large majority of citizens. As a renowned monetary commodity like gold, silver has an 'intrinsic' value in and of itself, making it ideal as a currency and store of value. With a limited and diminishing supply (unlike gold), silver has consistently sustained its value as currency for over 4,000 years. Silver is also in the constitution as equal to gold, ArtI.S10.C1.2 Coining Money by States. A historical analysis by the World Gold Council shows that despite gold's current higher market value, silver's intrinsic value is higher due to its relative rarity being five times less abundant than gold (World Gold Council, 2023) - I find the value of Silver much easier to understand than 'believing' in Gold, but for the mainstream ignorance seems bliss..
Less of a premium on gold, Canadian Maple Leafs. Besides, I like both metals. Gold is money, everywhere.
Good video if you cant hold it you don't own it
I don't agree with you. There are many positive aspects to Silver and owning it. But just as I wouldn't stack 100% gold, I wouldn't do that for Silver as well. A balance between the 2 metals is good.
_There’s nothing wrong with having a balance, if you watch the whole video, you would understand that putting the majority of your wealth into gold versus a savings account is good for you and the nation because it cripples the federal reserve bank a foreign private entity that we are eternally in debt to_
You're right; silver is the poor man's gold, and I'm a poor man soon to be an indentured servant with my debased currency.
Absolutely you’re right! Very good content.
I appreciate that!
Thank you for this video. I need more gold and less silver, although silver is up more than gold in the last 12 months.
_Think about it like this, tomorrow never promise you that you would see another day, if you need $2660 in your pocket right now you’re either going to trade in a 1 ounce gold coin in your pocket or lug around over 5 pounds plus the inconvenience of your time it’s going to take to count 5 pounds worth of silver coins or 83 ounces to make sure each coin is real_
Hopefully the ratio drops and I will trade silver for a gold buffalo I will hold onto my silver buffalo's thou 😊
Why are you against fractional? Seems like the best way to start stacking gold on a tight budget.
_fractional gold typically has higher premiums compared to one-ounce gold, meaning that when buying fractional gold, you pay a larger percentage above the spot price of gold per gram due to the increased cost of manufacturing smaller coins; making one-ounce gold generally a more cost-effective option for investors._
Gold baby gold
Golf buffalo's the only coin that istnt done in fractional form, enough said
So pay the insane premium for silver coins and then sell them likely back of spot only to pay another premium for the buffaloes? That’s the dumbest advice I’ve ever heard.
@@dorian1761
_Then you’re not as tactical as I would assume you to be, who the hell would pay insane premiums for silver 90% of the people that are in the silver market knows how to get ounces of silver for damn near spot price you must be in that bracket of the 10%_
😂😂😂