Since the USA took the USD off the gold standard the buying power of the dollar is down over 99% in just a little over 55 years is that not a red flag to anyone else?
but has gold gone up 9900%? since 1971? no it hasnt, in fact the stock market snp 500 or real estate index in america has probably gone up more from 2008 to 2023......over the last 15 years than gold did over the last 50 years.
Thanks for getting to the point quickly and keeping it relevant. I hear so many silver n gold channels drone on pointlessly and take 12 mins to say 1 thing. Good video thanks
Great video as always mate. I was watching an old episode of the great American cop/legal drama Law & Order and the crime was gold related. The price mentioned in the episode was around $900 / toz... When I finished laughing, I wished I had a time machine handy 😂
I bought 2 1/10oz gold eagles about 10 years ago for $135 US. I stopped until a few weeks ago and I’m shocked how much they have appreciated! I wish I had 100 more.
Beautiful pieces! Lately I have been buying larger rounds, 2 5oz us quarters, 6oz walking liberty, 5oz maple, 5oz libertad, I have to add a 5oz britannia! I think the Kilo is a little to big, but it is gorgeous!!
All jokes aside. Very informative video. The gold and silver ratio can help gauge the relative performance of these two metals and can be used as a signal as to when to switch holdings between the two. Hardly mentioned and I’m glad you touched on the subject. Good post.
in 2000 I bought gold eagles for around 275.00 (214.00 pounds sterling) ... I bought quite a few back then but wish I would have bought more .. obviously ... still have them ALL ... guessing my kids will get them ..,. I still buy today even at these prices ... full disclosure the most I ever paid was 2370.00 for a 1 ozt gold buffalo ( my favorite ) I do like the sovereigns as well
Safe to say we are in a bull run for gold , though I wouldn’t run out and sell my gold for silver at any point really because if gold drops silver drops more, better off staying in gold or locking in profits for expenses that you need. When gold is in a bull run it usually lasts a long time, 10 years on avg so I would argue we’re about at the half way point.
Interesting to watch people trying to sell 1oz gold on TSF. Sales either taking a while or not selling as £2k a coin is a lot of money to spend .Fractional gold and sovereigns are the way forward. Large bars of silver are a different matter, i think sellers are asking too much of a premium. Silver is at a point where it's becoming too expensive certainly compared to a few years ago.
I've only been stacking for 3yrs and I've only ever bought sovereigns and a couple of Britannia's. I buy little and often. That said I did recently by a tube of 10z Silver coins , only because I fancied seeing what they looked like.. I like them too. 🙂
Trust in official inflation stats (how they steal from us by not keeping our pay up with inflation, decade in, decade out), should be totally gone by now.
Please remember, the cpi got corrected a few years ago, getting rid of high inflationary items off the list! But here is the sneaky part, they historically back dated the changes , ultimately changing financial history, which is just wrong!
If you are from uk just get full soverigns they are about the same premium as 1oz Britannia and have far less premium than 1/4 oz Britannia. Pesonally have 66% sovereigns 33% 1oz Britannia in my stack . I still dont think silver is good if you are in the uk , and possibly not for anyone if you look at the chart and all possible time periods. Gold wins the vast majority of the time , so when you want to sell it will likely be winning again
We can’t base the future of silver based on its past. We are living in unprecedented times. Never in history has silver had this level of industrial demand. Never in history has the supply of silver been so scarce. So much of silver above ground is irretrievable. Old cell phones in landfills and solar panels etc. not to mention what they put in missiles and blow up. We’ve had certain currencies fail us in the past and silver has done well in these times until the next currency takes it’s place, but never in history has the entire global economy collapsed, causing the end of fiat currency as we know it, only to be replaced by nothing but made up digital currency. This is what we are on the brink of seeing once the dollar starts to crash and burn, which it will. China will be behind the new one world currency which will be backed by gold. They will have to increase the price of gold by a mind blowing amount in order to back all the money in the world, so yes, gold will be worth a fortune. They will also boost the price of silver too because China, India and the rest of the BRICS countries have the vast majority of the world’s silver now so of course they’ll increase the price if it makes them crazy rich. But the global public, as well as all the big companies, plus the wealthiest of people on earth will be scrambling for every last piece of silver they can get their hands on once the economy begins to collapse. Everyone will be desperate to protect their wealth. I guarantee that we will see a world wide silver shortage in the next 6-12 months. Combine that with a complete collapse in the housing market and people will be buying houses for a few ounces of silver. Nothing in human history has ever come close to what we’re about to experience. Zimbabwe and Weimar combined, on steroids would still be nothing compared to this coming financial collapse. Anyone holding both silver and/or gold will be sitting on a fortune of kings. But as silver will be the first metal to run low, and being the most valuable metal in the industrial sector, it will become more valuable than gold, if only for a short time. Plus with the ratio how it is right now I’d rather have a 25 ounce tube of silver Britannias plus change than one single ounce of gold. Sell the silver for gold when the ratio is much better, that’s my advice🪙
I like Silver dollars but living in the UK I just cannot get my head around having to pay 20% VAT add that to the dealers profit unless you are planning on living a long time being old then that is not lightly to happen so I prefer to stick with Gold.
i'm simply trying to stay away non CGT exempt PM's now....but you know what, i wouldn't be surprised if this government put VAT on gold some time soon..
I've always viewed coins as a precious metal and a currency and bars and collectors pieces as simply precious metals. I think the coins are easier to move, store, stack and trade/sell even if there is a slight premium difference.
Ive looked at the last few recession charts for gold/silver ratios... the silver to gold goes WAY high just before and durring the crisis, but at the point where things stabilize , the ratio crashes down... true in 1999/2001... 2008 and 2020... the ratio was over 1/120 for a brief period in 2020... and I think problems are going to be worse, so I think the ratio will widen until after the US election and for a few months afterwards... I expect another 120/130 sistuation. Also, I checked the same thing with Weinmeir Germany durring their collapse in the 1920's... the ratio widened past 160 to 1 (i think i recall)... and yes, Silver saved you from starving, but once the sistution concluded, it banged down hard and came back to a fairly normal ratio... if you converted before and after, you would have gained serious metal oz.... and I think that is the case again... I do not think its time yet to switch..... the ONE caviot to those that care... this time Gold may not be obtainable on the other side, so thats the risk you take.
@@AmericanAnonymous I would advise to keep the metal. The longer you hold it, the more it will be worth... if you take and sell it for money... it will only be worth the same amount... and will loose it due to inflation even if not spent.
@@Have.An.AmicoDay I agree thank you. I have bankers telling me to sell it all, then they want their 15-30% selling fee, on top of their evaluation fee. Also there looks to be gradable coins. It’s overwhelming Thank you
Do you have any experience traveling overseas with PMs? I plan on moving to Philippines next year and want to take my stack with me and am wondering what is the best way
Bought my house in 2016, worth twice as much now. Like the house isn't, but the land is worth more than twice as much. I think you don't want to put all your eggs in the one basket, if you have too much of something, it's best to trade with someone that has what you want and vice versa
Mr BYB i see all sold out on the gold yea??awaiting for more of the swiss 20s or angels 20 francs mostly the swiss,i went there to go buy her (usa) here never did a wire xfer but was willing to give it a shot. The swiss is my go to i do not buy modern us gold garbage
El oro es el único activo que te cubre de la inflación y emisión de resecion y deflaciónes hoy 2530 y en la segunda semana de septiembre estará en 3000 y desde allí todo serán alegrías y ganancias y en 2025 será el mejor momento de el oro en 100 años
In Australia yes, sovereigns are not so good. But here in the UK you can buy them for spot price on the second hand market or 2.5% over spot price from dealers making them the cheapest fractional gold
Since the USA took the USD off the gold standard the buying power of the dollar is down over 99% in just a little over 55 years is that not a red flag to anyone else?
but has gold gone up 9900%? since 1971? no it hasnt, in fact the stock market snp 500 or real estate index in america has probably gone up more from 2008 to 2023......over the last 15 years than gold did over the last 50 years.
@@JonTan-z3e but your dollar buys 99% less while what you can buy with gold stayed the same.
paid £375 for a gold 38g five 9s pure, wild rose maple dated 2002 in the same year and still hold it as it was my first gold buy
Thanks for getting to the point quickly and keeping it relevant. I hear so many silver n gold channels drone on pointlessly and take 12 mins to say 1 thing. Good video thanks
You can always cut them, weigh them and stamp the weight on the specimen. They were doing that with 1000oz bars.
Great video as always mate. I was watching an old episode of the great American cop/legal drama Law & Order and the crime was gold related. The price mentioned in the episode was around $900 / toz... When I finished laughing, I wished I had a time machine handy 😂
I bought 2 1/10oz gold eagles about 10 years ago for $135 US. I stopped until a few weeks ago and I’m shocked how much they have appreciated! I wish I had 100 more.
Beautiful pieces! Lately I have been buying larger rounds, 2 5oz us quarters, 6oz walking liberty, 5oz maple, 5oz libertad, I have to add a 5oz britannia! I think the Kilo is a little to big, but it is gorgeous!!
All jokes aside. Very informative video. The gold and silver ratio can help gauge the relative performance of these two metals and can be used as a signal as to when to switch holdings between the two. Hardly mentioned and I’m glad you touched on the subject. Good post.
The 10 oz silver Britanias are a very sharp looking coin as well as the kilo silver coin. I may have to see if I can find one of each.
in 2000 I bought gold eagles for around 275.00 (214.00 pounds sterling) ... I bought quite a few back then but wish I would have bought more .. obviously ... still have them ALL ... guessing my kids will get them ..,. I still buy today even at these prices ... full disclosure the most I ever paid was 2370.00 for a 1 ozt gold buffalo ( my favorite ) I do like the sovereigns as well
Love the content keep making videos👍
Safe to say we are in a bull run for gold , though I wouldn’t run out and sell my gold for silver at any point really because if gold drops silver drops more, better off staying in gold or locking in profits for expenses that you need. When gold is in a bull run it usually lasts a long time, 10 years on avg so I would argue we’re about at the half way point.
Thanks for your insight; I agree.
Interesting to watch people trying to sell 1oz gold on TSF. Sales either taking a while or not selling as £2k a coin is a lot of money to spend .Fractional gold and sovereigns are the way forward.
Large bars of silver are a different matter, i think sellers are asking too much of a premium. Silver is at a point where it's becoming too expensive certainly compared to a few years ago.
Did you ever purchase a few Goldbacks just for fun? Yes the premiums are crazy high but they have interesting artwork.
YO1550-
Wise words mate, couldn't say it any better..
Cool kid alert!!!! Thanks very much!
I've only been stacking for 3yrs and I've only ever bought sovereigns and a couple of Britannia's. I buy little and often. That said I did recently by a tube of 10z Silver coins , only because I fancied seeing what they looked like.. I like them too. 🙂
The Bank of England inflation tracker shows a just under 30% price rise since July 2017, so a lot less than the increase in the price of gold.
Trust in official inflation stats (how they steal from us by not keeping our pay up with inflation, decade in, decade out), should be totally gone by now.
Please remember, the cpi got corrected a few years ago, getting rid of high inflationary items off the list! But here is the sneaky part, they historically back dated the changes , ultimately changing financial history, which is just wrong!
If you are from uk just get full soverigns they are about the same premium as 1oz Britannia and have far less premium than 1/4 oz Britannia. Pesonally have 66% sovereigns 33% 1oz Britannia in my stack . I still dont think silver is good if you are in the uk , and possibly not for anyone if you look at the chart and all possible time periods. Gold wins the vast majority of the time , so when you want to sell it will likely be winning again
Totally agree
We can’t base the future of silver based on its past. We are living in unprecedented times. Never in history has silver had this level of industrial demand. Never in history has the supply of silver been so scarce. So much of silver above ground is irretrievable. Old cell phones in landfills and solar panels etc. not to mention what they put in missiles and blow up.
We’ve had certain currencies fail us in the past and silver has done well in these times until the next currency takes it’s place, but never in history has the entire global economy collapsed, causing the end of fiat currency as we know it, only to be replaced by nothing but made up digital currency. This is what we are on the brink of seeing once the dollar starts to crash and burn, which it will. China will be behind the new one world currency which will be backed by gold. They will have to increase the price of gold by a mind blowing amount in order to back all the money in the world, so yes, gold will be worth a fortune. They will also boost the price of silver too because China, India and the rest of the BRICS countries have the vast majority of the world’s silver now so of course they’ll increase the price if it makes them crazy rich. But the global public, as well as all the big companies, plus the wealthiest of people on earth will be scrambling for every last piece of silver they can get their hands on once the economy begins to collapse. Everyone will be desperate to protect their wealth.
I guarantee that we will see a world wide silver shortage in the next 6-12 months. Combine that with a complete collapse in the housing market and people will be buying houses for a few ounces of silver. Nothing in human history has ever come close to what we’re about to experience. Zimbabwe and Weimar combined, on steroids would still be nothing compared to this coming financial collapse. Anyone holding both silver and/or gold will be sitting on a fortune of kings. But as silver will be the first metal to run low, and being the most valuable metal in the industrial sector, it will become more valuable than gold, if only for a short time.
Plus with the ratio how it is right now I’d rather have a 25 ounce tube of silver Britannias plus change than one single ounce of gold. Sell the silver for gold when the ratio is much better, that’s my advice🪙
Sovereigns are capital gains exempt. You are wrong there!
@@sswwiinnccee they certainly are CGT except up untill 1914 you could have had them in your pay packet
@seminumismaticguy8575 some people are ignorant
I like Silver dollars but living in the UK I just cannot get my head around having to pay 20% VAT add that to the dealers profit unless you are planning on living a long time being old then that is not lightly to happen so I prefer to stick with Gold.
Y01550 lol. Great video as always. Regards Jonathan.
I love that celebration 1oz bar ! sending love from Canada. Have you checked out the lib and brits coin . Its a cool coin you should check it out
Great insights 😊
Thanks!
Im in the US and I love stacking Britannias. And you have to advise UK stackers away from eagles? 😂
i'm simply trying to stay away non CGT exempt PM's now....but you know what, i wouldn't be surprised if this government put VAT on gold some time soon..
Not all hero’s wear capes BYB 👊🏼
Y01550 .... I'm still here watching your channel BYB 🤣
Cool kid alert!!!! Thanks very much!
Get common rounds and coins in common weights.
Those sell the easiest.
I've always viewed coins as a precious metal and a currency and bars and collectors pieces as simply precious metals. I think the coins are easier to move, store, stack and trade/sell even if there is a slight premium difference.
Ive looked at the last few recession charts for gold/silver ratios... the silver to gold goes WAY high just before and durring the crisis, but at the point where things stabilize , the ratio crashes down... true in 1999/2001... 2008 and 2020... the ratio was over 1/120 for a brief period in 2020... and I think problems are going to be worse, so I think the ratio will widen until after the US election and for a few months afterwards... I expect another 120/130 sistuation. Also, I checked the same thing with Weinmeir Germany durring their collapse in the 1920's... the ratio widened past 160 to 1 (i think i recall)... and yes, Silver saved you from starving, but once the sistution concluded, it banged down hard and came back to a fairly normal ratio... if you converted before and after, you would have gained serious metal oz.... and I think that is the case again... I do not think its time yet to switch..... the ONE caviot to those that care... this time Gold may not be obtainable on the other side, so thats the risk you take.
I have silver and gold in probate right now. Should they sell it all or should I just take the gold or silver? Thank you for advice
@@AmericanAnonymous I would advise to keep the metal. The longer you hold it, the more it will be worth... if you take and sell it for money... it will only be worth the same amount... and will loose it due to inflation even if not spent.
@@Have.An.AmicoDay I agree thank you. I have bankers telling me to sell it all, then they want their 15-30% selling fee, on top of their evaluation fee. Also there looks to be gradable coins. It’s overwhelming Thank you
@@AmericanAnonymous all they want is money, they dont care about you
If someone slips me a 5kilo billet of gold, I wont be complaining.
Do you have any experience traveling overseas with PMs? I plan on moving to Philippines next year and want to take my stack with me and am wondering what is the best way
Anyone interested in platinum?
YO1550 Always a pleasure. Keep on keeping on.
Cool kid alert!!! Thanks!
What would be the going rate for silver V's a Sov? 17oz's?
Not 100% sure what you are asking Kev, silver V's?
@@BackyardBullion How many oz's of silver would it take to swap for a sovereign?
Ah, I see. I would say about 18.5 oz silver per sov.
@@BackyardBullion Thanks, might see an add on the forum
Bought my house in 2016, worth twice as much now. Like the house isn't, but the land is worth more than twice as much. I think you don't want to put all your eggs in the one basket, if you have too much of something, it's best to trade with someone that has what you want and vice versa
man the kilo britannia 😍
Mr BYB i see all sold out on the gold yea??awaiting for more of the swiss 20s or angels 20 francs mostly the swiss,i went there to go buy her (usa) here never did a wire xfer but was willing to give it a shot. The swiss is my go to i do not buy modern us gold garbage
Yo1550 great vid BYB
Cool kid alert!!!! Thanks very much!
@@BackyardBullion 😂😂
Y01550 -Thanks BYB. Another inciteful video.
Cool kid alert!!!! Thanks very much!
Waiting for the sovereigns for sale😊😅
Can’t get on your website matey
All working my end. We have nothing for sale though.
@@BackyardBullion that’s probably why I’ve sub7by email anyway 👍
Good man!
That RM 1oz gold bar is a beauty. BTW, gold has beaten inflation by quite a bit. Silver has trouble keeping up. Y01550
Is that Britannia in your pocket, or…?
El oro es el único activo que te cubre de la inflación y emisión de resecion y deflaciónes hoy 2530 y en la segunda semana de septiembre estará en 3000 y desde allí todo serán alegrías y ganancias y en 2025 será el mejor momento de el oro en 100 años
the small is it , the more it cost to buy so u never get profit from it `
Not sovereigns, you can buy them very low premium
Not true
@@BackyardBulliondepends where you live, in Australia they have GST
In Australia yes, sovereigns are not so good. But here in the UK you can buy them for spot price on the second hand market or 2.5% over spot price from dealers making them the cheapest fractional gold
Y01550 yay I am cool! Well lets face it we all know that isnt true, but I did watch to the end of the video... so thats something!
Cool kid alert!!!! Thanks very much!
I don’t buy sovereigns I buy Goldbacks. Why not get gold you can spend?
Because the goal is not to spend
Goldbacks? In the UK? I have only heard of them in the US.
YO1550 😅
Cool kid alert!!!!! Thanks for watching!
Y01550
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YO1550
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Great Y Video 0 BYB 1 I 5 enjoyed 5 that 0. 🍻
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Yo1550
😂😂😂 cool kids, huh?
Y01550 👍
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Y01550 😎
👍YO1550👍
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nice try, I'm not selling anything at this stupid prices lol
Y01550 SN. CKC FTW, CQTM (Cool Kids Club for the win, Chuckling quietly to myself.)
Cool kid alert!!!!! Thanks for watching!
Sound advice. Thank you BYB. Y01550 :)
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Y01550- i never been cool before! This is exciting😂
YO1550
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Yo1550
Y01550
Cool kids club member alert!!!!! THANKS!
YO1550
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YO1550
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YO1550
YO1550
Y01550
Cool kid alert!!!! Thanks very much!
Y01550
Cool kid alert!!!! Thanks very much!
Y01550
Cool Kids Club Alert!!!!! THANKS!
Y01550
Cool kid alert!!!!! Thanks for watching!
Y01550
Cool kid alert!!!!! Thanks for watching!
Y01550
Cool kid alert!!!! Thanks for watching!
Y01550
Cool kid alert!!!! Thanks very much!
Y01550
Y01550
Cool kid alert!!! Thanks!