I agree, people should pay off all debt including their mortgage before they stack gold and silver. Once you have payed off your mortgage u will have true financial freedom to buy gold and silver every month because u have payed the biggest debt most people have. Once we payed off our mortgage I got the title in print and it’s a really good feeling of accomplishment. Now, when I buy gold and silver, it’s so much easier and a lot of fun too.
Generally, yes. However, gold tends to appreciate about 2% on average in the long run. If you have a long term mortgage rate below 2%, then it is actually more sensible to keep the mortgage and stack gold.
@@cyclingphilosopher8798 who has a long term mortgage below 2%? The problem I have with mortgages is they make your home insecure. So in a sense I agree with you, having gold and silver stored can give you security to pay your mortgage in case you lose your job or interest rates rise and you get caught. Lynnette Zang is a chief economist and she advises people to keep your mortgage and stack gold and silver and she says when the economy collapses, you can pay off your mortgage with your gold or silver as they have FINALLY achieved their true value. I like her theory and I actually believe it will work if you have a substantial stack to indeed pay off your mortgage. I’m thinking 30- 50 ounces of gold and 1000 ounces of silver or more if your mortgage is above $500 000. But for me I focused on getting our mortgage payed off before I started to really stack hard. Although I did start a hobby stack of gold and silver before we were mortgage free, my main focus was to pay off our mortgage. I see the merits of both methods.
While I agree with everything you stated its not that easy for most people to just pay off their mortgages. especially many of which have other obligations , children , food , other bills.
Great video, Sean. Slow and steady always wins the race. Love your tip about putting away small 'leftover' cash to save for puture PM purchases. Always cheaper to buy 1 oz of gold at a time so saving for a larger purchase helps with overall cost of your stack
You started stacking in 2013 !! I wish that I had started stacking then..... I started in 2017.. I think stacking is one of my best financial decisions.
Sean, you have one of the best gold channels. I appreciate hearing your content. I make a lot of sacrifices in order to try and buy gold. It is not easy. I live in Panama. I thought that maybe it would be a good idea to buy some land here in Panama just to diversify. The prices have doubled or even tripled so I cannot afford to buy land. Gold is still a better value. Hands down gold is the best way to save as far as long term savings. At least that is true today.
I am stacking cash now and waiting for an opportune moment to get a big piece of gold! 😂😂 Looks like there’s a dip in the market, hopeful it will slide down a little bit more! Awesome video! Thanks for sharing Sean 👍🏻😊
Each person must decided how to get they're hands around the issue I came at it by yes but the dips but every 2 weeks buying hard assets even if it's just an oz of silver
I am same age as you and live in the same country. But I only started my bullion hobby 2 weeks ago. Unfortunately, by the time I saw your videos as part of my research into bullions, the price of gold is already above USD1.9k/oz. Crazy price. Only silver lining now is the price of silver is relatively affordable compared to gold. I stacked over 100oz of silver as of today.
I started stacking in 1997 when I was a student. I stopped with silver and I prioritize GOLD. I stay at 7% silver 93 % gold and totally, my precious metals comprise 12% of my net worth.
Another great video that beginners like myself can can understand. What you say makes perfect sense in layman's terms. Good, simple solid wisdom. Thanks Sean!
@@SeanFooGold when I started getting into the metals market I had watched how the move and react to different market inputs to sorta get a feel for they're time lines. Really starred paying attention to them at the beginning of the 08 market crash when my retirement package took a big hit and remembered back to the dotcom collapse how the stock market was beaten up and it seems it's just a fairies wheel of carnage over and over again. Watched my parents take a hell of a hit 10 years before they were to retire. I came to the conclusion the professional money handlers don't like physical metals and discourage investing in them because they can't make as much on fees year over year. Perhaps that would be a good topic as well. How to talk to kids about saving in a rigged game of wall street to come out ahead over a lifetime
Good advice about staying consistent & persistent. This really helps grow the stack. I am interested to hear more about advanced strategies using the stack for income. As an aside, I want the ratio to come down so i can swap a few monster boxes for gold. Space & Portability is very important.
@@SeanFooGold I watch different economists and metals channels bro but U do well whatever content U do, it's relevant and presented well without pumping metals and unrealistic expectations to people so def keep eye out for yours 🙂
@@metaphoricalmask8247 I couldn't agree more 👍. I've sent several people that are just starting the jurney to this Chanel. Best realistic straight forward information Sorce
@@bigjay875 totally man, some channels are way off and claim to be "experts" but what they're saying is not helping people or heathy financially for them. Not being negative but they prey on pumping metals and people's hopes and can't respect that. We know enough to see thru the crap, all the best
“A journey of a thousand miles begins with a single step” - Chinese proverb. Meaning: however difficult a task, you can only complete it if you start it (and don’t give up). Imho, good words to live by.
I’ve dialed back my PM stacking for the last 4 weeks. I’ve been stacking food I.e. rice, flour, meat. I also want to increase my fiat emergency fund. I believe we have difficult times ahead since my last gold purchase a month ago I’ve bought only 3 ounces of silver.
My friends parents bought a house in 1968 for about $28k. Her siblings recently sold it for $2m, 71 times it's original cost. That shows inflation over 52 years!
Am 70 years old. Apartment fully paid. If I could ever live till 94+ years old, like my dearest mom, which I doubt I ever could ; how many ounces of gold and silver do I need to stack to last till I am 95 years old (no need to stack for any other reason, other than my own survival needs, without having to beg from anyone)
Personally, I keep setting aside 10% of my fiat savings every pay period. When I amass enough, I convert it into precious metals. This way I'm steadily accumulating the shiny stuff while still covering myself for my fiat-related obligations.
@@SeanFooGold No problem! Check out salivate metal I just did an interview with him. Business owner took payment in precious metals. So you have an idea of what I do. Thanks again
Hey Andrew, I think you can start with maybe considering the Canadian Maple Leaf gold coin. Here's a video on it: ruclips.net/video/Sc7HoeIHHzA/видео.html
Great video very educational about cash and metals hope we all learn wish I started also a while back I started stacking in 2019 until know little by little until I meet my goal and hold it for long long term as long I live and trade for something undervalued later in the feature or give it to my feature children as a gift... thank you for ur videos 😊🥈🥇
Just out of curiosity, Singapore has been compared to Switzerland in Asia. So can we consider that Singapore will maintain good commercial relationships with the western block and the eastern Sino-Russian block?
Yeah, I'm someone with very limited resources, and started stacking at the end of 2008. However, despite only have $10 or $20 at a time to purchase Silver in the beginning, I've managed to purchase well over 1,000 ounces of Silver and several ounces of Gold. I suppose your two reasons are correct, though I don't think of it in those terms. Personally, I don't have as any sort of goal, the idea of being rich or wealthy. All I really want to do is be able to reliably take care of myself, my family, and even my friends in the long-term. Why do I say this? Because I've been looking at things for a long time in the economic and geopolitical realm. Probably this really took off for me between 2004 to 2007, and the 2008-09 Great Recession was the proximate cause for me diving deeper into the issues and discovering the true nature of money. I have come to see the West as being in a very long-term bad situation economically and geopolitically. I don't see just authoritarianism headed our way, but a full-on totalitarian state coming to full fruition in the West. I don't think that we will be able to guarantee anything (i.e. food, water, electricity, jobs, retirement, etc...), and absent sound money (i.e. Gold & Silver) outside of the banking system, I don't think there will be any way to guarantee that you can still make a go of living and get along okay in your daily life. This is why I stack both metals. I've calculated how much of each metal it would take to support my lifestyle on a monthly basis. For Silver, that means I need between 100 to 150 ounces per month. For Gold, that means I need between 1 to 2 ounces of Gold per month. So let's just say that for 1 year, I would need either about 1,500 ounces of Silver or 18 ounces of Gold. Because I want to have flexibility and options, I treat these metals in a both/and sort of way, so I will want to have 1,500 ounces of Silver AND 18 ounces of Gold for each year. Since I want to have enough to sustain me for a relatively lengthy period of time, I've chosen 10 years as a good solid goal. This means that I want to build a stack of 15,000 ounces of Silver and 180 ounces of Gold. Right now, I'm sitting at under 5% of the way to that goal, but I'm going to keep going for as long as I have the financial wherewithal to pursue it. The best you can do is the best you can do, and that's all I can try for. I also stack metals for others. Obviously, these stacks are much much smaller and they build much slower, but I do try to add anywhere from 1 to 3 ounces to each of these stacks in a given year. In a crisis or long-term emergency, I would be able to help and perhaps even rescue many of the people that I care about. Very good advice. I hope you realize how rare it is to understand as much as you do about the monetary metals relative to our financial system and where we are in the decline of America and the West. Keep doing these videos because people need to hear these things!
Hi sean. Great channel. I just started stacking a month ago. Do u think gold is to expensive. I have 150 oz of silver but only 3 oz of gold. I dont know which to buy next purchase. Any ideas sean,? Im new to this game.
IMHO, if you get gold jewelry, best to get 22k or 24k gold. Why get gold jewelry you may ask? It’s easier to hide and avoid notice (as opposed to pure gold coins) if you had to flee your home due to SHTF scenario. Jewelry (that is hidden under clothes) do not get the same scrutiny as gold coins and bars. You can always say the gold jewelry you have is just costume jewelry, and it won’t attract as much attention. You can’t say the same thing if you’re carrying “fake” gold coins and bars - that excuse won’t fly if you are detained and questioned.
They do this in India but the jewelry is specifically designed as simple and cheap and u are mainly paying for the gold or silver content, not the art or the craftsman’s workmanship. Jewelry in the west is often inflated 100x the actual precious metals content. So if u buy a gold necklace for $2000 there is often only $200 worth of actual gold in the necklace. Buying jewelry this way is beyond stupid.
Hi from a little place outside of Sydney. I hope that you are well & thank you for a great YT channel. May I please ask you for an opinion on my current stacking strategy?… I’m currently acquiring about 1 OZT of Au & 1 Kilo of Ag monthly & would like to be solid with the rate & ratio. Something very shiny (Platinum) keeps wanting to grab my attention. Attraction or distraction is yet to be determined, which makes me ask for some opinion on thoughts of acquiring the Pt at 10g per 1 OZT Au & 1 Kilo Ag? Kind regards & again my compliments & gratitude for you channel.
No problem, glad it helped! Hmm platinum is a really mixed bag, I'm not personally touching it for now. Might want to check out this video: ruclips.net/video/zyKif3q2OIc/видео.html
@@SeanFooGold I’m sorry that I didn’t see that video earlier. My humble apologies. Hmmmm, agreed! Conclusively also considering the high production/premium costs, that White Gold could turn out to be Fools Gold. That Iron Pyrite Python could bite my behind & I’m also snake phobic (I have literally been bitten previously by a Black Snake) so my decision is made. Thanks mate! Again my gratitude & compliments.
Lol you had me up to the point Bitcoin was a crap shoot. I guess it would be for people that don't know how to trade. I use some of my crypto profits to buy metals. 🤑
Crypto is as much as a crap shoot as precious metals. They are all speculative plays based on whatever the next guy will pay for it. The only difference is volatility levels.
![Chlöe - Shake (Feat. Jeremih) [Official Visualizer]](http://i.ytimg.com/vi/aDs_1ufpfv8/mqdefault.jpg)
I agree, people should pay off all debt including their mortgage before they stack gold and silver. Once you have payed off your mortgage u will have true financial freedom to buy gold and silver every month because u have payed the biggest debt most people have. Once we payed off our mortgage I got the title in print and it’s a really good feeling of accomplishment. Now, when I buy gold and silver, it’s so much easier and a lot of fun too.
Definitely, once you have your obligations settled, you will feel more secure with your precious metals position.
@@SeanFooGold thanks for another fine video.
Generally, yes. However, gold tends to appreciate about 2% on average in the long run. If you have a long term mortgage rate below 2%, then it is actually more sensible to keep the mortgage and stack gold.
@@cyclingphilosopher8798 who has a long term mortgage below 2%? The problem I have with mortgages is they make your home insecure. So in a sense I agree with you, having gold and silver stored can give you security to pay your mortgage in case you lose your job or interest rates rise and you get caught. Lynnette Zang is a chief economist and she advises people to keep your mortgage and stack gold and silver and she says when the economy collapses, you can pay off your mortgage with your gold or silver as they have FINALLY achieved their true value. I like her theory and I actually believe it will work if you have a substantial stack to indeed pay off your mortgage. I’m thinking 30- 50 ounces of gold and 1000 ounces of silver or more if your mortgage is above $500 000. But for me I focused on getting our mortgage payed off before I started to really stack hard. Although I did start a hobby stack of gold and silver before we were mortgage free, my main focus was to pay off our mortgage. I see the merits of both methods.
While I agree with everything you stated its not that easy for most people to just pay off their mortgages. especially many of which have other obligations , children , food , other bills.
Great video, Sean. Slow and steady always wins the race. Love your tip about putting away small 'leftover' cash to save for puture PM purchases. Always cheaper to buy 1 oz of gold at a time so saving for a larger purchase helps with overall cost of your stack
Thanks! Yup, it's always best to get 1 ounce of gold at a time, premiums get crazy once you go 1/4 ounce or smaller!
You started stacking in 2013 !! I wish that I had started stacking then..... I started in 2017.. I think stacking is one of my best financial decisions.
haha, 2017 was also a great year before the big spike up! Better later than never!
@@SeanFooGold , Yes...Thank you for your informative and interesting videos.
Pfff, I started stacking in April 2021. 😂 LOL sucks to be me! 😝
I started slowly in 2012. I think I have enough silver now and am getting more into gold and platinum.
@@stormforge68 , It doesn't matter if you started yesterday...at least you are stacking.
Sean, you have one of the best gold channels. I appreciate hearing your content. I make a lot of sacrifices in order to try and buy gold. It is not easy. I live in Panama. I thought that maybe it would be a good idea to buy some land here in Panama just to diversify. The prices have doubled or even tripled so I cannot afford to buy land. Gold is still a better value. Hands down gold is the best way to save as far as long term savings. At least that is true today.
Thanks Glen! Whoa tripling in price is crazy stuff. In such a case, gold is great to preserve wealth until you can reach the threshold of buying land.
I am stacking cash now and waiting for an opportune moment to get a big piece of gold! 😂😂 Looks like there’s a dip in the market, hopeful it will slide down a little bit more! Awesome video! Thanks for sharing Sean 👍🏻😊
Thanks Georgie, yup, let's pray for a few more dips!
Each person must decided how to get they're hands around the issue I came at it by yes but the dips but every 2 weeks buying hard assets even if it's just an oz of silver
What will u do if it doesn’t come?
Dont wait too long if u dont have a position yet
I am same age as you and live in the same country. But I only started my bullion hobby 2 weeks ago. Unfortunately, by the time I saw your videos as part of my research into bullions, the price of gold is already above USD1.9k/oz. Crazy price. Only silver lining now is the price of silver is relatively affordable compared to gold. I stacked over 100oz of silver as of today.
I started with fractional coins. Higher premiums but easier to acquire.
I started stacking in 1997 when I was a student. I stopped with silver and I prioritize GOLD. I stay at 7% silver 93 % gold and totally, my precious metals comprise 12% of my net worth.
Great video! Keep it up Sean. Best wishes to all!
Thanks Michael, glad it helped!
Your right my "mind" is constantly fighting me on this. It’s a genuine battle for me personally.
Thanks
No problem. I'm also struggling with this as well, the fight never stops.
@@SeanFooGold thank you I have felt alone in these feelings.
silver under 25bucks....
BUY
BUY
BUY
Lol I always picture those words being spoken in Jim Cramer’s voice! 😝
Another great video that beginners like myself can can understand. What you say makes perfect sense in layman's terms. Good, simple solid wisdom.
Thanks Sean!
Thanks Terry, glad it helped!
Each time i finishe listening to your video, i have the strong urge to go online to order some metals. Kekeke
Haha, buy in moderation!
Wise move speaking on NOT buying metals on credit!
that is maybe the most impt take home point. Metals don't move as you wish it, but interest is always due!
@@SeanFooGold when I started getting into the metals market I had watched how the move and react to different market inputs to sorta get a feel for they're time lines. Really starred paying attention to them at the beginning of the 08 market crash when my retirement package took a big hit and remembered back to the dotcom collapse how the stock market was beaten up and it seems it's just a fairies wheel of carnage over and over again. Watched my parents take a hell of a hit 10 years before they were to retire. I came to the conclusion the professional money handlers don't like physical metals and discourage investing in them because they can't make as much on fees year over year. Perhaps that would be a good topic as well. How to talk to kids about saving in a rigged game of wall street to come out ahead over a lifetime
1,000 ounces, YES!!!
Grand goals!
Good advice about staying consistent & persistent. This really helps grow the stack. I am interested to hear more about advanced strategies using the stack for income. As an aside, I want the ratio to come down so i can swap a few monster boxes for gold. Space & Portability is very important.
Gotcha, noted on that! Hmm v true, portability is a rarely talked about aspect of precious metals, esp silver vs gold.
Yet another great video. I don't know how you can keep up such great content. Thanks for sharing your thoughts
Thanks Jazz, appreciate it!
On another matter great consistency with your videos bro it's good for stackers old and new to reinforce why and to give inspiration 👏 cheers 👍
Thanks bro, appreciate it. Gonna head back to news updates real soon!
@@SeanFooGold I watch different economists and metals channels bro but U do well whatever content U do, it's relevant and presented well without pumping metals and unrealistic expectations to people so def keep eye out for yours 🙂
@@metaphoricalmask8247 I couldn't agree more 👍. I've sent several people that are just starting the jurney to this Chanel. Best realistic straight forward information Sorce
@@bigjay875 totally man, some channels are way off and claim to be "experts" but what they're saying is not helping people or heathy financially for them. Not being negative but they prey on pumping metals and people's hopes and can't respect that. We know enough to see thru the crap, all the best
I would love to here more on the idea of building more wealth through browing against presuses metals
Gotcha, will do!
I cosign this. Please
Really salivate when I look at the amount of gold and silver in your stack. 😋. Wonder when can I achieve the same amount as you😢
Focus on the journey and you'll get there!
“A journey of a thousand miles begins with a single step” - Chinese proverb.
Meaning: however difficult a task, you can only complete it if you start it (and don’t give up).
Imho, good words to live by.
Emergency stacking fund... I like that idea.
Yep, for those sweet dips!
I’ve dialed back my PM stacking for the last 4 weeks. I’ve been stacking food I.e. rice, flour, meat. I also want to increase my fiat emergency fund. I believe we have difficult times ahead since my last gold purchase a month ago I’ve bought only 3 ounces of silver.
Great stuff! That's the definition of responsible stacking.
I love your money clip.
Dry powder. Nice.
Always keep some!
New subscriber ❤your videos good advice. Thanks
No problem, glad to have you here!
Stacking made me get my life in order, the other way around..🦍 started in 2015.
same with me, it taught me how to save money better.
Can i just stacking the silver instead of stacking the gold? The price of gold are very high.
Yes you can, but there are very unique pros and cons you must know. I have a video on gold vs silver that you can watch to learn more.
The premiums on silver are worse, though? Gold gets you better bang for your buck, only smaller in weight.
@@ericp1139 yup its true
My friends parents bought a house in 1968 for about $28k. Her siblings recently sold it for $2m, 71 times it's original cost. That shows inflation over 52 years!
Man, that's crazy! Really show how much purchasing power has been lost
Must live in Vancouver!
I totally agree with DCA ! Yep takes the emotions out of it
Yep, discipline above all else!
Great video as always.
Thanks man, appreciate it!
My question is why gold is still not shooting up yet?...
no one can predict the price movements in the short term.
Sean do you know kung foo? I like your mental toughness!
Hmm not really, I think as you go through the insanity of life, you will become tougher mentally whether you like it or not!
After silver joker you’re right there
Thanks man!
It’s insurance. Plain and simple…
well said indeed!
Another awesome video, Sean. Thank you!
Thanks man, always glad to help!
Keeping your powder dry. I like that bro 😎🤙
Yep, have some in reserves!
Am 70 years old. Apartment fully paid. If I could ever live till 94+ years old, like my dearest mom, which I doubt I ever could ; how many ounces of gold and silver do I need to stack to last till I am 95 years old (no need to stack for any other reason, other than my own survival needs, without having to beg from anyone)
Thanks for sharing!
@@SeanFooGold but approximately how many ounces of gold and silver do l need to put away for survival needs?
Personally, I keep setting aside 10% of my fiat savings every pay period. When I amass enough, I convert it into precious metals. This way I'm steadily accumulating the shiny stuff while still covering myself for my fiat-related obligations.
that's a very prudent approach, this way you can definitely outlast and win the stacking game.
Always enjoy your videos. Keep them coming!
Thanks man! I'll drop you a mail real soon!
@@SeanFooGold No problem! Check out salivate metal I just did an interview with him. Business owner took payment in precious metals. So you have an idea of what I do. Thanks again
@@PlumberStacker will do bro!
Silver is pissing me off
It'll have its day!
Good stuff as usual Sean
Appreciate it as always!
today 28 march 2022 perth mint gold bullion coins sold out !
whoa, now I gota check this out!
also very limited silver bullion coins for sale in perth mint on 30 march 2022
Hi Sean ,
Great video and advice
I am totally new and intent to start to buy gold coin.
May I know how should I start buying ?
( I stay in Spore )
Hey Andrew, I think you can start with maybe considering the Canadian Maple Leaf gold coin. Here's a video on it: ruclips.net/video/Sc7HoeIHHzA/видео.html
Great video. Definitely gonna share with some new stackers I know
Awesome! Appreciate it!
Great video very educational about cash and metals hope we all learn wish I started also a while back I started stacking in 2019 until know little by little until I meet my goal and hold it for long long term as long I live and trade for something undervalued later in the feature or give it to my feature children as a gift... thank you for ur videos 😊🥈🥇
No problem, thanks for watching!
I don't know if hoping to live for another 50 years is a mindset.
Probably a lifestyle I guess!
@@SeanFooGold Maybe. I'd rather have fun while I'm young, Then I can spend the latter years on a bad diet with cigarettes and whisky for dessert.
Just out of curiosity, Singapore has been compared to Switzerland in Asia.
So can we consider that Singapore will maintain good commercial relationships with the western block and the eastern Sino-Russian block?
Well ideally I think so far it is being done fairly well. It's a tough balancing act, but it's been working out.
Well, if everyone declared permanent neutrality, then there'd never be a World War.
Nice brit ;-)
Thank you!
Great video!
No problem, thanks for watching!
Yeah, I'm someone with very limited resources, and started stacking at the end of 2008. However, despite only have $10 or $20 at a time to purchase Silver in the beginning, I've managed to purchase well over 1,000 ounces of Silver and several ounces of Gold. I suppose your two reasons are correct, though I don't think of it in those terms. Personally, I don't have as any sort of goal, the idea of being rich or wealthy. All I really want to do is be able to reliably take care of myself, my family, and even my friends in the long-term. Why do I say this? Because I've been looking at things for a long time in the economic and geopolitical realm. Probably this really took off for me between 2004 to 2007, and the 2008-09 Great Recession was the proximate cause for me diving deeper into the issues and discovering the true nature of money. I have come to see the West as being in a very long-term bad situation economically and geopolitically. I don't see just authoritarianism headed our way, but a full-on totalitarian state coming to full fruition in the West. I don't think that we will be able to guarantee anything (i.e. food, water, electricity, jobs, retirement, etc...), and absent sound money (i.e. Gold & Silver) outside of the banking system, I don't think there will be any way to guarantee that you can still make a go of living and get along okay in your daily life. This is why I stack both metals. I've calculated how much of each metal it would take to support my lifestyle on a monthly basis. For Silver, that means I need between 100 to 150 ounces per month. For Gold, that means I need between 1 to 2 ounces of Gold per month. So let's just say that for 1 year, I would need either about 1,500 ounces of Silver or 18 ounces of Gold. Because I want to have flexibility and options, I treat these metals in a both/and sort of way, so I will want to have 1,500 ounces of Silver AND 18 ounces of Gold for each year. Since I want to have enough to sustain me for a relatively lengthy period of time, I've chosen 10 years as a good solid goal. This means that I want to build a stack of 15,000 ounces of Silver and 180 ounces of Gold. Right now, I'm sitting at under 5% of the way to that goal, but I'm going to keep going for as long as I have the financial wherewithal to pursue it. The best you can do is the best you can do, and that's all I can try for. I also stack metals for others. Obviously, these stacks are much much smaller and they build much slower, but I do try to add anywhere from 1 to 3 ounces to each of these stacks in a given year. In a crisis or long-term emergency, I would be able to help and perhaps even rescue many of the people that I care about. Very good advice. I hope you realize how rare it is to understand as much as you do about the monetary metals relative to our financial system and where we are in the decline of America and the West. Keep doing these videos because people need to hear these things!
That's awesome, congrats on hitting 1,000 ounces! Thanks so much for your support!
Hi sean. Great channel. I just started stacking a month ago. Do u think gold is to expensive. I have 150 oz of silver but only 3 oz of gold. I dont know which to buy next purchase. Any ideas sean,? Im new to this game.
hmmm it really depends on your budget. I personally go more for gold, because it holds more value per ounce, lower premium and is more portable!
Great video. Keep going.
Thank you!
Is platinum a good investment?
It's totally different from gold or silver. More like a speculation, have a video on gold vs platinum that you can check out.
@@SeanFooGold Will do - thanks.
Besides gold bar and gold coins, is it a wise idea for us to invest on 916 gold jewelleries?
Only if you can get them at a low enough premium. Jewelry is best left for wearing, not investing.
IMHO, if you get gold jewelry, best to get 22k or 24k gold. Why get gold jewelry you may ask? It’s easier to hide and avoid notice (as opposed to pure gold coins) if you had to flee your home due to SHTF scenario. Jewelry (that is hidden under clothes) do not get the same scrutiny as gold coins and bars. You can always say the gold jewelry you have is just costume jewelry, and it won’t attract as much attention. You can’t say the same thing if you’re carrying “fake” gold coins and bars - that excuse won’t fly if you are detained and questioned.
They do this in India but the jewelry is specifically designed as simple and cheap and u are mainly paying for the gold or silver content, not the art or the craftsman’s workmanship. Jewelry in the west is often inflated 100x the actual precious metals content. So if u buy a gold necklace for $2000 there is often only $200 worth of actual gold in the necklace. Buying jewelry this way is beyond stupid.
Hi from a little place outside of Sydney. I hope that you are well & thank you for a great YT channel. May I please ask you for an opinion on my current stacking strategy?… I’m currently acquiring about 1 OZT of Au & 1 Kilo of Ag monthly & would like to be solid with the rate & ratio. Something very shiny (Platinum) keeps wanting to grab my attention. Attraction or distraction is yet to be determined, which makes me ask for some opinion on thoughts of acquiring the Pt at 10g per 1 OZT Au & 1 Kilo Ag? Kind regards & again my compliments & gratitude for you channel.
No problem, glad it helped! Hmm platinum is a really mixed bag, I'm not personally touching it for now. Might want to check out this video: ruclips.net/video/zyKif3q2OIc/видео.html
@@SeanFooGold I’m sorry that I didn’t see that video earlier. My humble apologies. Hmmmm, agreed! Conclusively also considering the high production/premium costs, that White Gold could turn out to be Fools Gold. That Iron Pyrite Python could bite my behind & I’m also snake phobic (I have literally been bitten previously by a Black Snake) so my decision is made. Thanks mate! Again my gratitude & compliments.
No problem, glad to have you here!
good content thank you....
No problem, thanks for watching!
Lol you had me up to the point Bitcoin was a crap shoot. I guess it would be for people that don't know how to trade. I use some of my crypto profits to buy metals. 🤑
Thanks for watching!
It is a crap shoot. You're lucky to have profited from buttcoin.
@Fallout 5 Nexus Very true.
Crypto is as much as a crap shoot as precious metals. They are all speculative plays based on whatever the next guy will pay for it. The only difference is volatility levels.
@Fallout 5 Nexus And there are stories of people buying fake gold or having their deposit boxes stolen. Nothing is 100% safe.
🎩🥃