LOL I have always said that I would have a brilliant career as a financial advisor. I would just advise my clients to do the exact opposite of what I do with my own money.
Overall, i’m up some on both metals however silver profits only buys me a few convenience store death dogs with all the free condiments ones guts can endure.
Just looked at some silver and gold I bought in April 2019. 5kg silver bar for €2,344 250g gold bar for €9,386 Now worth: 5kg silver bar €4,712 250g gold bar €18,903 Both have pretty much doubled in price in those 5 years. My horizon is “lifetime” but, still an interesting observation.
Excellent progress in terms of buy and hold assets. Any plans to liquidate, say to convert that silver into gold? Most of my silver stack was purchased when silver was $14-$15 an oz., so none of it is "under water" and at a silver price about $29, it has all basically doubled. Premiums back then were $1.50 to $2.50 depending on what one bought. I like the financial advisor approach to investing, where money is separated into various "buckets", say one for retirement, one for non-retirement life-goals, and one for putting aside something for the heirs. Another bucket could be for charities. I see my silver stack in this same way, with 1 bucket of silver being my Maples, another being my ASEs, and a final bucket being my US 90% silver coins. I also have about 200 oz. worth of 5-oz. bars but they are trading material and a very small part of my silver stack. My plan is to wait for another silver squeeze like we had about 16-18 months ago, and sell the silver locally. I would then use that cash to buy more gold. I would keep half of the ASEs and all of my US 90% silver, including my Morgan collection. Everything else would be sold and basically swapped into gold. I have a good sized gold stack but would like to add another 25 ozs. The high gold price today is holding me back on this. Yes, I can afford to buy $2600 gold but am just too darned stubborn to pay that much for it!
@dannyzuehlsdorf3697 sure it can. And it probably will multiple times in the future. But so long as humans use electricity and so long as silver is a finite resource, how can it not hold tangible value?
I view gold and silver like two friends with different personality types. One is stable and you can take to formal events, the other is a little crazy but a lot of fun on a Saturday night.
Im currently buying gold. Not because of anything in the markets, because I am always wrong on that. I am buying gold now as i am 60% in silver and 40% in gold. 1 year ago i was 90% in silver. My exit number is when I have to sell it to live. To me its not an investment , its insurance.
Yep, even if gold goes to one million an ounce it only means the paper is more worthless. Don't sell at any price. Stackers and preppers don't buy metals as investments, like you said, it is insurance against currency debasement. Buy while you can, because Israel is going to make it illegal to own silver or gold and as currencies world wide are intentionally destroyed, more countries will make private ownership illegal. The question is, what will you do when they come to confiscate. I know not everyone can afford gold, but buy it if you can. It is simple logistics. Takes a lot more silver to equal value of gold.
2, you have a terrific way of reasoning things out. I always feel more confident and a bit more in control after listening to your thoughts. Sincere thanks!
Exactly! Until just a few months ago, I was planning to buy a big and very heavy safe that would stand on the floor because I was planning on having between 2000 and 3000 total ounces of silver, because of silver's growth potential over the next 2 or 3 decades... BUT... Things in my town recently went from ridiculous to "Hot Zone" and there's a now a chance I may have to move to another town. I don't want to have to haul thousands of ounces of silver in that scenario. I may even trade some of my current silver (not all, just some) if the GSR drops closer to 50 to 1. Not counting on that happening, but am keeping all my options open.
I have a 3500 Silverado hence as long as vehicles still work, no worries however you are 💯% correct. I wouldn’t want a big bunch of silver in my pack breaking my back.
It's not that terrible. I took 500oz silver (plus gold) in carry-on bags on the plane when we escaped Canada. A non-descript small rolling suitcase will handle 3000oz silver.
I like silver and I probably always will. I bought some bulk silver early this year for the first time in a long time. I'm on the fence about buying more right now. Gold is a consistent runner where silver feels like a sprinter who mostly likes doing little running and occasionally goes for a jog
I bought 3 ASEs back in 2012 - the spread on silver in my country is outrageous - I'm still under water. Thank God I only bought those 3 and turned to gold 🙂
I buy two silver eagles a week. Silver is so easy to buy. It's better to have some than none. I really want to buy a Scottsdale mint prepper box too. You never know what'll happen in the coming years. Everything is so volatile.
Premiums moved me away from silver eagles several years ago however to each their own. Premiums wouldn’t stay so high if people weren’t turning in their fiat for them.
Yeah, now they got Charles's ugly mug on them. I prefer them with the queen, even though I never cared for any of the royals. It looked better in my opinion.
For me gold is the only metal to stack. I understand people who defend silver, but lets be honest. Most people just buy silver because gold is so expensive. Thats not a good point to invest.
@@Karim-ik5ij Many go by the Gold/silver ratio. It’s slightly above 85, so some consider it undervalued. Higher the ratio, silver is considered a buy by those who go off the ratio
I traded all my gold for silver at a gsr of 95 to 1, will swap when ratio is 40 to 1, will Easily double my gold holdings, still buying silver and will stop when gsr is 70, that's when I start buying gold again. That's my big picture plan
NO, both should be purchased. Gold is only outpacing Silver because central banks are taking advantage of Basil 3 and Silver is not a part of that. Silver however WILL go up over time, just like Gold. Get both, be happy.
A 1oz Platinum Eagle has a $100 USD denomination. The highest of any coin. Perhaps one day, you would be able to trade 1 platinum oz for 2 gold oz. Perhaps there might be a new technology that can utilize platinum's unique density. Perhaps
Gold up 18.27% and Silver up 20.23% both YTD. Every time I check Silver has outperformed Gold so far this year. I don’t think it’s that uncommon for Silver to outperform Gold.
Ever notice the common denominator for all the silver stackers out there? They’re loony dooms-dayers. None of them are playing with a full deck. They stack silver waiting for the end of civilization that will never happen in their lifetime. Just hilarious.
End of the day..i treat my stacking as a savings account...if u can save fiat then good luck 2 u...i cant so Its better to have something than have nothing
Gotta believe at some point silver and gold mining stocks need to go much higher to come into alignment with the increase in spot for the metals, silver getting over $35 might be the tipping point to get things moving.
In the near term, maybe this is too simplistic. Buying/stacking silver when the gold-silver ration is high... swap out of the silver stack when the ratio is 75 or under.
@@2is1gold Agreed but at a GSR of 40:1, it looks pretty good. Some will say that this will not happen again but my thought is that anything that HAS happened in the past can and likely will happen again in the future. Only question is "WHEN?" and there is no way to know that. Lest some forget, the GSR hit 32:1 in 2011.
Very good video. I'm thinking kind of counterintuitive right now. I'm about to sell a large amount of silver, because I'm struggling on a retired, fixed income. I'm going to have to go back to work. I'm also thinking of converting a big part of my stack to Au and basically start over on a silver stack. At my age wealth preservation is #1. I think we are going to see a very big correction in price on both metals sooner rather than later. Your thoughts? Thank you. Stay safe.
I think the market is pricing in a lot of the Fed rate policy pivot, but September 18th is when I think we'll see an official rate cut announcement. I'm not selling anything prior to that personally.
I've always been a stack 'em both, kind of stacker. Silver, Gold, and Platinum. I have my toe in all three pools. For ETFs though I like SLV and for trading AGQ. The volatility of silver makes it a more profitable trade, obviously with more risk. Thank you 2is1 for another great video.
@2is1gold My LCS does a lot of volume, just south of downtown Orlando, so buy back prices are reasonable due to volume. For bars expect Spot. $20 over on foreign. $50 over on Eagles. Probably pay $15 to $20 over on bars, $50 or so on foreign, and $80 over on an Eagle
I love my Silver and I love my Gold however, the day Silver its $100 and oz, (£80) is the day Gold hits $8000, (£6K). It will happen at some point but if you plan to retire on it, make sure your not going to lose your job in the next 5 years or get used to drinking Tap Water rather than a fine glass of wine.....Bottoms up!! 🍷🍷🥂
They are SO good. The action is one of the best on any production knife I've ever seen. Very different than CRK. I'm like them for different reasons. The Sebenza is my typical edc. Cheers!
I like the idea of physical gold, but physical silver- I just can't stomach the premiums. I'd rather take my chances with a silver ETF with high liquidity.
I know you're talking a lot about silver but if you look at the chart for gold and percentage of the first run and the percentage of the second run and extrapolate this out to see the possible price of the Third Run just based off of percentages gold might go to 8000. This is just based off the charts and the percentage of increase during their bull runs
Cash - immediate short term needs; Gold - planned near term needs; Silver - long term speculation. That is how I stack the three items I just mentioned.
Good topic. I got lucky and sold my ugly siver, scrap 14k, etc at the PEAK of 2011. I will get lucky when I sell my collectable silver this coming February. I will repeat my lucky streak in sept/oct 2029 when the current fiat comes tumbling down.🎉
Anytime someone asks me where Gold or Silver will end up, I tell them who knows. If you're trying to time or predict markets, you may as well go to Vegas and try your odds there. Now, there are INDICATORS such as you mentioned such as falling US dollar and interest rate cuts that DO impact the prices, which I do believe makes a strong case for silver and gold. Ultimately, my strategy is to trade the G/S Ratio, with Gold being the end goal. Silver is cheap right now, so until I accumulate enough to make an even swap into gold, I'll keep buying where it's cheapest.
"... so until I accumulate enough to make an even swap into gold..." Interesting turn of phrase, but what *exactly* does it mean? GSR of 1:1? Won't ever happen, IMO.
@edb3877 A 1:1 would be a dream but unlikely. I just don't wait for a G/S to hit a certain ratio, just accumulate until it hits and make the move. Dollar cost average in a way.
Polished silver belt buckles, cuffs, lapels, tie clips go nicely with a business suit, or tuxedo. Silver vessels wards off bacterial growth in juice, milk, and water. Its a practical metal that has its uses in both mundane, and technological advanced applications. If that is all that gives it value, then so be it. That may be why your going to find those willing to trade for it. Those that intend to trade for silver to only go looking for another whom will trade for it. That is going to require more people that decide its a medium of exchange. Otherwise, people that can add value to the silver by changing its form into a desirable product.
Hold the line! No other metal has a better brighter future than silver. Name the metal that will be used more in the future for technology than silver. I will wait.... 🤔 SILVER IS KING 👑
Platinum too. Surely undervalued now and won't hit a floor below $900-1000. So it has nowhere to go but sideways for a while, and then up :) also has very unique properties for a metal, and useful in current and future technologies.
Possumly, as my wife likes to say. I've just shifted my stacking strategy away from silver and towards picking up (1) 1/10th ounce Gold Eagle per month. I would follow your example of doing 1/4 ounce per month, but I just can't swing it right now. Hopefully next year. Anyway, the premiums are higher than I'd like, but comparable as a percentage to buying Silver Eagles, so it's not too bad. I'm stacking them for retirement, as a supplement to my 401(k) and any Social Security that might still exist by then. I think it's reasonable to assume that gold spot price will go up enough in the next 13 years for me to be ahead by then, even with the premiums. As for gold spot being near its all-time high, so is the S&P 500, and I haven't heard anyone advocating for not buying into it because of that. I see gold spot price the same way. I buy into both regularly, and if there's a dip in the spot price or S&P 500, then I can just buy more. I exclusively stacked silver initially with hopes of trading for gold later, but you're still paying the higher silver premiums, so I decided to just cut out the middle-man and go for the gold. It'll transport much better than tens or hundreds of pounds of silver when we do the whole 'snowbird' thing in retirement.
The long and short of it is basically, if you like silver, it's the better buy. If you like gold, it's the better buy. And no one is gonna tell you otherwise. Haha. Most people have already made up their minds. They are both usually good buys. Sometimes one might be a bit better than the other, but we do not have the crystal ball you spoke of unfortunately.
I sold 200 oz of silver 3 months ago. It was enough to pay my daughters house off of 9,000. Dont regret it one bit, still have plenty and keep on buying.
I still think the upside for silver is a lot greater than any possible downside. I am not buying any more silver right now, but I am not selling my silver either.
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I like buying both but I like gold more than silver...there was a time when I held much more silver than gold but now balanced it out better...thankfully
I ran an A/B test. The "breakout" title was suggested. The current one is mine. Same with thumbnails. I ran a with vs without flames. Guess which one won. 🔥😂
The price of silver can be influenced by the demand from the solar industry. A significant increase in solar panel production can lead to higher silver prices, affecting the overall cost of solar energy systems. Supply Chain Considerations: The availability and cost of silver are important factors for the solar industry. Any disruptions in the silver supply chain could impact the production and cost-effectiveness of solar panels.
Grabbed a couple St. Helena 1/4 oz Gold £25 Rose Crown Guinea BU from Monument Metals a few months ago. My first fractional gold and wish I would have grabbed a couple more. Very Pretty .9999 coins.
When silver went to $50 silver last time the Comex raised the reserve requirements until the price of silver crashed. Good luck getting silver to 3 figures when the Comex won't let it even go above $50. If I see $50 silver ever again, I will be short knowing they will rig it back down.
By value I’m 75% gold 25% silver. I’m hoping to sell the silver and buy more gold when the Gold Silver ratio is 60 or less. Hopefully some time in the next year or so.
I wont buy much silver until its back at 25 or lower. May not happen but its lost its luster to me. I have slowed the gold purchasing until that price comes down also. I already have a good amount so im happy.
I bought four hundred ounces at twenty two with premium. So I hit the market nineteen. That was two years ago. I've increased my gold but I haven't felt like buying any more silver. No plans to sell at least seven years or so.
However, right. Now i'm more happy if the fifteen ounces of gold that I bought in that same time frame. But neither purchases been a bad choice. But yeah that four hundred ounces of silver takes up most of the safe.
I pulled up the same chart but it shows from 1990 to today it shows metals below the stocks. The later the date the gap grows from stocks to metals. Where so you get this information from. Can you provide links. Trust but verify.
The masses are pounding silver and gold so much simultaneously that you can't really work the GTS ratio rationally! So i lean towards the cheaper more rare metals you know the other stuff 😂
Silver is basically free compared to gold, by a few oz with your gold purchases.......just in case. Youll hardly notice it, can buy fun silver pieces too because why not.
2:24 Like most (it not all?) of us watching this, I buy both and not one or the other. Happy to sell if it's worth my while. Maybe I should add Platinum? 🥃
If the price of silver goes up a significant amount and a large number of people start selling will dealers decide they have too much silver and start offering to pay way below spot? I have heard dealers on RUclips say something along the lines that they have too much silver in inventory and at the time were not buying silver from customers.
surprised no one is talking about it. 600 mile range with 9 min charge and 20 year life. I think each battery has 32oz of silver in them. could be huge.
Ethereum is the crypto version of fiat currency. It's everything we hate about fiat - except it also has no use case anymore. Headed straight for zero, even the founders are selling it. Please stick to Bitcoin. Love the vids!
![Yeat & Quavo - 5BRAZY [Official Music Video]](http://i.ytimg.com/vi/4XxnTAwyxus/mqdefault.jpg)
One thing is sure: If I sell any silver then it will go up substantially. I have the brown Midas touch.
Ha!
LOL I have always said that I would have a brilliant career as a financial advisor. I would just advise my clients to do the exact opposite of what I do with my own money.
Well if it’s any consolation I sold a little three days ago. Turned some extra silver into a French drain for my house. Just about broke even on it.
Tony Soprano said I'm king midas in reverse everything I touch turns into shit
Just thinking about selling is enough to crash the market for me. Considering buying sends it into the stratosphere.
As long as you are trading fiat for silver and gold you are on the right track
Overall, i’m up some on both metals however silver profits only buys me a few convenience store death dogs with all the free condiments ones guts can endure.
Just looked at some silver and gold I bought in April 2019.
5kg silver bar for €2,344
250g gold bar for €9,386
Now worth:
5kg silver bar €4,712
250g gold bar €18,903
Both have pretty much doubled in price in those 5 years.
My horizon is “lifetime” but, still an interesting observation.
Nice!
Excellent progress in terms of buy and hold assets. Any plans to liquidate, say to convert that silver into gold? Most of my silver stack was purchased when silver was
$14-$15 an oz., so none of it is "under water" and at a silver price about $29, it has all basically doubled. Premiums back then were $1.50 to $2.50 depending on what
one bought.
I like the financial advisor approach to investing, where money is separated into various "buckets", say one for retirement, one for non-retirement life-goals, and one for
putting aside something for the heirs. Another bucket could be for charities. I see my silver stack in this same way, with 1 bucket of silver being my Maples, another
being my ASEs, and a final bucket being my US 90% silver coins. I also have about 200 oz. worth of 5-oz. bars but they are trading material and a very small part of
my silver stack. My plan is to wait for another silver squeeze like we had about 16-18 months ago, and sell the silver locally. I would then use that cash to buy more
gold. I would keep half of the ASEs and all of my US 90% silver, including my Morgan collection. Everything else would be sold and basically swapped into gold. I
have a good sized gold stack but would like to add another 25 ozs. The high gold price today is holding me back on this. Yes, I can afford to buy $2600 gold but
am just too darned stubborn to pay that much for it!
@@jamieopulence Thats 20% a year. Thats more than it is supossed to do! Good thing for you 🤟
@@powersource1988 that’s useful. Thanks for that. A good outcome beating inflation each year by a good chunk
@@jamieopulence Yeah exactly and its purpose is to stay ahead on inflation without being thesame toiletpaper :p
Silver's industrial demand is just too significant to ignore. Society needs silver. Its never a bad idea to hold some.
It will never be worthless, unlike fiat money (eventually).
😂😂😂
But what if industry (manufacturing) slows significantly on a global scale? Doesn't that drag silver DOWN?
@dannyzuehlsdorf3697 sure it can. And it probably will multiple times in the future. But so long as humans use electricity and so long as silver is a finite resource, how can it not hold tangible value?
Do you think since silver has a industrial use they'll just continue to not let it go up in price. But will allow gold too?
I view gold and silver like two friends with different personality types. One is stable and you can take to formal events, the other is a little crazy but a lot of fun on a Saturday night.
😂
Lo c e your strategy and wording 😅
Exactly! The wine 'n' cheese party versus the kegger.
A Saturday night party that happens once every 10 years 😂
Im currently buying gold. Not because of anything in the markets, because I am always wrong on that. I am buying gold now as i am 60% in silver and 40% in gold. 1 year ago i was 90% in silver. My exit number is when I have to sell it to live. To me its not an investment , its insurance.
Yep, even if gold goes to one million an ounce it only means the paper is more worthless. Don't sell at any price. Stackers and preppers don't buy metals as investments, like you said, it is insurance against currency debasement. Buy while you can, because Israel is going to make it illegal to own silver or gold and as currencies world wide are intentionally destroyed, more countries will make private ownership illegal. The question is, what will you do when they come to confiscate. I know not everyone can afford gold, but buy it if you can. It is simple logistics. Takes a lot more silver to equal value of gold.
Still holding to my own projections of year end 2024 - Gold $2650 - Silver $34. If silver ever gets to $50 will trade for gold.
Would be interesting how that would play out at a local coin shop with regards to the trade and what value they would give you.
@@carlsanders7824 Let me guess... LESS than spot, unless there just happened to be a silver squeeze in progress at the time.
@@2Eaglez Sounds like a reasonable figure for both metals.
You and every other silver stacker. Whaddya think that will do to gold? Huh?
@@StevenSimpson-it5mv depends on how much silver you have and how high the industrial demand would be
2, you have a terrific way of reasoning things out. I always feel more confident and a bit more in control after listening to your thoughts. Sincere thanks!
Thank you!
My current strategy is to not keep more silver than i could evacuate with.
Exactly! Until just a few months ago, I was planning to buy a big and very heavy safe that would stand on the floor because I was planning on having between 2000 and 3000 total ounces of silver, because of silver's growth potential over the next 2 or 3 decades... BUT... Things in my town recently went from ridiculous to "Hot Zone" and there's a now a chance I may have to move to another town. I don't want to have to haul thousands of ounces of silver in that scenario. I may even trade some of my current silver (not all, just some) if the GSR drops closer to 50 to 1. Not counting on that happening, but am keeping all my options open.
@@boilermatt Yeah, I limited silver to 100 ozs. Gold is more portable/ value.
Seriously. I would have to take 3-4 trips to my car to bug out with my silver. That's enough.
I have a 3500 Silverado hence as long as vehicles still work, no worries however you are 💯% correct. I wouldn’t want a big bunch of silver in my pack breaking my back.
It's not that terrible. I took 500oz silver (plus gold) in carry-on bags on the plane when we escaped Canada. A non-descript small rolling suitcase will handle 3000oz silver.
I like silver and I probably always will. I bought some bulk silver early this year for the first time in a long time. I'm on the fence about buying more right now. Gold is a consistent runner where silver feels like a sprinter who mostly likes doing little running and occasionally goes for a jog
Yeah, and it (silver) doesn't always let us know when it's read to go again. 😄
“Go for the Gold” is more than a saying, it’s good advice!
Love your quote at the end. It takes awhile to just make a decision and move on.
I just buy 10oz of silver a month, it is not much, but it adds up.
F silver. After 10 years of being burned I'm done.
What on Earth were you buying not to cover your premiums since 2014?
Is half your stack licenced character coins?
More for the rest of us.
I bought 3 ASEs back in 2012 - the spread on silver in my country is outrageous - I'm still under water. Thank God I only bought those 3 and turned to gold 🙂
For Real...I just bought Two Eagles Random years FTW!!
I buy two silver eagles a week. Silver is so easy to buy. It's better to have some than none. I really want to buy a Scottsdale mint prepper box too. You never know what'll happen in the coming years. Everything is so volatile.
Premiums moved me away from silver eagles several years ago however to each their own. Premiums wouldn’t stay so high if people weren’t turning in their fiat for them.
Falling dollar will make everything go up. Very big chance it will happen sooner than later.
I traded 80 oz for an oz of gold bought the silver 3 years ago I think I did okay
Those Canadian maple silver coins are insanely beautiful. I believe it’s the best looking silver coin in the world 😊
I agree. RCM nails it!
They are a great coin prior to 2024 especially
Yeah, now they got Charles's ugly mug on them. I prefer them with the queen, even though I never cared for any of the royals. It looked better in my opinion.
@@mickeylickey123
Agree 💯% I can only stomach the 🍁 side of the coin.
I like Australian kookaburras
A trillion more dollars in debt every 90 days just keep that in mind people
Japan's debt is twice the US - but that does not make things better 😞
For me gold is the only metal to stack.
I understand people who defend silver, but lets be honest. Most people just buy silver because gold is so expensive. Thats not a good point to invest.
Agree
100% feel the same way
@@isosq8084 Agree! Silver isn’t a great investment, more alternative savings
That's not true. Most people buy silver because they believe it is undervalued.
@@Karim-ik5ij Many go by the Gold/silver ratio. It’s slightly above 85, so some consider it undervalued. Higher the ratio, silver is considered a buy by those who go off the ratio
Excellent video. Thanks for sharing your insights. 🙏
I stack for security, not speculation. I typically concentrate on gold, with my silver stash there more just for the fractionality aspect.
🤜🤛
I traded my silver for gold 3 years ago, and I'm glad I did
I traded all my gold for silver at a gsr of 95 to 1, will swap when ratio is 40 to 1, will Easily double my gold holdings, still buying silver and will stop when gsr is 70, that's when I start buying gold again. That's my big picture plan
NO, both should be purchased. Gold is only outpacing Silver because central banks are taking advantage of Basil 3 and Silver is not a part of that. Silver however WILL go up over time, just like Gold. Get both, be happy.
A 1oz Platinum Eagle has a $100 USD denomination. The highest of any coin. Perhaps one day, you would be able to trade 1 platinum oz for 2 gold oz. Perhaps there might be a new technology that can utilize platinum's unique density. Perhaps
Gold up 18.27% and Silver up 20.23% both YTD. Every time I check Silver has outperformed Gold so far this year. I don’t think it’s that uncommon for Silver to outperform Gold.
Great video as always! I’ll be looking forward to Fridays showing.🤘🏻🥃🥃🇺🇸
🤜🤛
Ever notice the common denominator for all the silver stackers out there? They’re loony dooms-dayers. None of them are playing with a full deck. They stack silver waiting for the end of civilization that will never happen in their lifetime. Just hilarious.
End of the day..i treat my stacking as a savings account...if u can save fiat then good luck 2 u...i cant so
Its better to have something than have nothing
We cant have an advanced civilization without Gold & Silver thats all i know 👌🏽
Gotta believe at some point silver and gold mining stocks need to go much higher to come into alignment with the increase in spot for the metals, silver getting over $35 might be the tipping point to get things moving.
In the near term, maybe this is too simplistic. Buying/stacking silver when the gold-silver ration is high... swap out of the silver stack when the ratio is 75 or under.
Something to consider: if it's 85 right now, and you have to pay 20% more to get the silver, the math doesn't check out at a ratio of 75:1. Cheers!
@@2is1goldat what ratio would the math check out have a similar plan but to convert when the ratio dips below 50
@@2is1gold Agreed but at a GSR of 40:1, it looks pretty good. Some will say that this will not happen again but my thought is that anything that HAS happened in
the past can and likely will happen again in the future. Only question is "WHEN?" and there is no way to know that. Lest some forget, the GSR hit 32:1 in 2011.
Very good video. I'm thinking kind of counterintuitive right now. I'm about to sell a large amount of silver, because I'm struggling on a retired, fixed income. I'm going to have to go back to work. I'm also thinking of converting a big part of my stack to Au and basically start over on a silver stack. At my age wealth preservation is #1. I think we are going to see a very big correction in price on both metals sooner rather than later. Your thoughts? Thank you. Stay safe.
I think the market is pricing in a lot of the Fed rate policy pivot, but September 18th is when I think we'll see an official rate cut announcement. I'm not selling anything prior to that personally.
Wen there’s people like me with only a few ounces, people like you helps us to get more before it’s to late
Silver 🥈🚀🚀🚀
I've always been a stack 'em both, kind of stacker. Silver, Gold, and Platinum. I have my toe in all three pools. For ETFs though I like SLV and for trading AGQ. The volatility of silver makes it a more profitable trade, obviously with more risk. Thank you 2is1 for another great video.
How’s liquidity for Platinum in your area?
@2is1gold My LCS does a lot of volume, just south of downtown Orlando, so buy back prices are reasonable due to volume. For bars expect Spot. $20 over on foreign. $50 over on Eagles. Probably pay $15 to $20 over on bars, $50 or so on foreign, and $80 over on an Eagle
Great video as always! Keep stacking shiny metals when you can 😁
I love my Silver and I love my Gold however, the day Silver its $100 and oz, (£80) is the day Gold hits $8000, (£6K). It will happen at some point but if you plan to retire on it, make sure your not going to lose your job in the next 5 years or get used to drinking Tap Water rather than a fine glass of wine.....Bottoms up!! 🍷🍷🥂
Great video brother thanks for the info 🥃🥃🥃🥃
Cheers! 🥃
Retail is not going in the metal's, it's not going up. Metal's are being suppressed for the sake of the market.
Love the holt bladeworks ! I been thinking about getting one recently myself but been too much on a chris reeve kick
They are SO good. The action is one of the best on any production knife I've ever seen. Very different than CRK. I'm like them for different reasons. The Sebenza is my typical edc. Cheers!
I like the idea of physical gold, but physical silver- I just can't stomach the premiums. I'd rather take my chances with a silver ETF with high liquidity.
I agree 100%, Brandon!
Yeah. I like a bit of physical silver but I don’t see the case for holding hundreds of ounces of it any more. Cheers!
@@2is1gold Hundreds? LOL!
I know you're talking a lot about silver but if you look at the chart for gold and percentage of the first run and the percentage of the second run and extrapolate this out to see the possible price of the Third Run just based off of percentages gold might go to 8000. This is just based off the charts and the percentage of increase during their bull runs
Have to ask yourself what would happen to demand. China blinked at $2,500.
Investing in gold and silver sounds like a smart choice, especially given the current market uncertainty.
Cash - immediate short term needs; Gold - planned near term needs; Silver - long term speculation. That is how I stack the three items I just mentioned.
The paper silver market drives the bullion price. As long as that is overblown… more contracts than actual bullion, nothing will change much.
No different than it was in 2011 and silver still made a big run.
Definitely appropriate literary selections... well played. :)
Please make a video on platinum too
Good topic.
I got lucky and sold my ugly siver, scrap 14k, etc at the PEAK of 2011.
I will get lucky when I sell my collectable silver this coming February.
I will repeat my lucky streak in sept/oct 2029 when the current fiat comes tumbling down.🎉
Thank you sir. 👊
Cheers!
The silver chart reminds me of an ALT-coin
Ha! 🚀📉
8:00 hey I've got one of those carts
😂
Me too 😂
Anytime someone asks me where Gold or Silver will end up, I tell them who knows. If you're trying to time or predict markets, you may as well go to Vegas and try your odds there. Now, there are INDICATORS such as you mentioned such as falling US dollar and interest rate cuts that DO impact the prices, which I do believe makes a strong case for silver and gold. Ultimately, my strategy is to trade the G/S Ratio, with Gold being the end goal. Silver is cheap right now, so until I accumulate enough to make an even swap into gold, I'll keep buying where it's cheapest.
"... so until I accumulate enough to make an even swap into gold..."
Interesting turn of phrase, but what *exactly* does it mean? GSR of 1:1? Won't ever happen, IMO.
@edb3877 A 1:1 would be a dream but unlikely. I just don't wait for a G/S to hit a certain ratio, just accumulate until it hits and make the move. Dollar cost average in a way.
USPS forever stamps. Certain to go up in value. Imagine buying them when postage was 2 cents.
i mostly stack silver to wait for the mythical coming spike to trade it all (most) for gold
Polished silver belt buckles, cuffs, lapels, tie clips go nicely with a business suit, or tuxedo. Silver vessels wards off bacterial growth in juice, milk, and water. Its a practical metal that has its uses in both mundane, and technological advanced applications. If that is all that gives it value, then so be it. That may be why your going to find those willing to trade for it.
Those that intend to trade for silver to only go looking for another whom will trade for it. That is going to require more people that decide its a medium of exchange. Otherwise, people that can add value to the silver by changing its form into a desirable product.
Hold the line!
No other metal has a better brighter future than silver. Name the metal that will be used more in the future for technology than silver.
I will wait.... 🤔
SILVER IS KING 👑
Copper. What do I win? 😄
@@2is1gold A 1-oz. copper round? lol
Platinum too. Surely undervalued now and won't hit a floor below $900-1000. So it has nowhere to go but sideways for a while, and then up :) also has very unique properties for a metal, and useful in current and future technologies.
first time i trust you in a untrusting world thanks for the open history with your thought and actions
Lets be honest, silver is good, gold is best. But idgaf I will continue to buy Mercs by the sack because I LOVE JUNK. GIVE ME MORE 90%
Your intro music is fire
Possumly, as my wife likes to say. I've just shifted my stacking strategy away from silver and towards picking up (1) 1/10th ounce Gold Eagle per month. I would follow your example of doing 1/4 ounce per month, but I just can't swing it right now. Hopefully next year. Anyway, the premiums are higher than I'd like, but comparable as a percentage to buying Silver Eagles, so it's not too bad. I'm stacking them for retirement, as a supplement to my 401(k) and any Social Security that might still exist by then. I think it's reasonable to assume that gold spot price will go up enough in the next 13 years for me to be ahead by then, even with the premiums. As for gold spot being near its all-time high, so is the S&P 500, and I haven't heard anyone advocating for not buying into it because of that. I see gold spot price the same way. I buy into both regularly, and if there's a dip in the spot price or S&P 500, then I can just buy more. I exclusively stacked silver initially with hopes of trading for gold later, but you're still paying the higher silver premiums, so I decided to just cut out the middle-man and go for the gold. It'll transport much better than tens or hundreds of pounds of silver when we do the whole 'snowbird' thing in retirement.
I like selling covered calls on SLV
The long and short of it is basically, if you like silver, it's the better buy. If you like gold, it's the better buy. And no one is gonna tell you otherwise. Haha. Most people have already made up their minds. They are both usually good buys. Sometimes one might be a bit better than the other, but we do not have the crystal ball you spoke of unfortunately.
I don’t have much faith in silver. Selling all but 200 oz for gold. Ratio went from 79 to 85.5. Waiting for the ratio to hit below 80
I sold 200 oz of silver 3 months ago. It was enough to pay my daughters house off of 9,000. Dont regret it one bit, still have plenty and keep on buying.
I still think the upside for silver is a lot greater than any possible downside. I am not buying any more silver right now, but I am not selling my silver either.
Not a bad plan. I agree there’s more upside than down.
please cover platinum sometime when you have a chance. Giddy up
Exciting news! The inclusion of Rose number [267] beautifully symbolizes our collaborative efforts in this creative garden at CoinEra. Let's continue nurturing this shared space together! 🌹🌷🌼 Thank you for being an integral part of it! 😊💖
I'm not a big fan fun of silver because of premiums and because of how hard it is to sell it in some parts of the world.
"Great Expectations"....how apropos.
Good catch.
I like buying both but I like gold more than silver...there was a time when I held much more silver than gold but now balanced it out better...thankfully
Hey question I want to know your opinion about cast bars ? Do you invest in cast bars? Why? Or why not?
Do you think it better to buy gold roght now ?
I think it's better to buy physical gold than physical silver because I'm holding it. If I was buying it as a trade, I'd be more interested in silver.
*My "prediction" is that I'll keep buying BOTH (generally during "dips" or on "discounts")- period - and I'll be HAPPY*
I noticed you changed the name of the video multiple times, any reason why?
I ran an A/B test. The "breakout" title was suggested. The current one is mine. Same with thumbnails. I ran a with vs without flames. Guess which one won. 🔥😂
The price of silver can be influenced by the demand from
the solar industry. A significant increase in solar panel production can lead to
higher silver prices, affecting the overall cost of solar energy systems.
Supply Chain Considerations: The availability and cost of silver are important
factors for the solar industry. Any disruptions in the silver supply chain could
impact the production and cost-effectiveness of solar panels.
Poor man's gold is silver 🥈
@@robbiehollywood1937 agreed 👍💯 silver is better then nothing
Ive been lucky and my silver dollar cost average is about $20 USD. I've kept my premiums low by favouring 1kg bars, can get them for about 7% premium.
🤜🤛
I see fractional gold coins in my future before I see myself stacking silver again.
I have something interesting hitting this Sunday. 🤜🤛
@@2is1gold Excellent! Bring it on! 😀
Grabbed a couple St. Helena 1/4 oz Gold £25 Rose Crown Guinea BU from Monument Metals a few months ago. My first fractional gold and wish I would have grabbed a couple more. Very Pretty .9999 coins.
Silver stacker here that has been stacking 1/4 oz gold for 2 years. The more silver is oddly manipulated, the more I buy. And add gold too
When silver went to $50 silver last time the Comex raised the reserve requirements until the price of silver crashed. Good luck getting silver to 3 figures when the Comex won't let it even go above $50. If I see $50 silver ever again, I will be short knowing they will rig it back down.
Amazing video!!
The rule is, stack enough gold before considering stacking silver. Gold is the main course, silver is the side dish.
Between the industrial application and the green grifts, silver will be extremely important. Especially .9999% purity
By value I’m 75% gold 25% silver. I’m hoping to sell the silver and buy more gold when the Gold Silver ratio is 60 or less. Hopefully some time in the next year or so.
I wont buy much silver until its back at 25 or lower. May not happen but its lost its luster to me. I have slowed the gold purchasing until that price comes down also. I already have a good amount so im happy.
I went with 29 myself. I'll be happy with 35 after it settles down after the push
I bought four hundred ounces at twenty two with premium. So I hit the market nineteen. That was two years ago. I've increased my gold but I haven't felt like buying any more silver. No plans to sell at least seven years or so.
However, right.
Now i'm more happy if the fifteen ounces of gold that I bought in that same time frame. But neither purchases been a bad choice. But yeah that four hundred ounces of silver takes up most of the safe.
I would be excited for $35 anytime soon. Most of my silver purchases average around $18 over the last 30 years of stacking.
I pulled up the same chart but it shows from 1990 to today it shows metals below the stocks. The later the date the gap grows from stocks to metals.
Where so you get this information from.
Can you provide links.
Trust but verify.
Let me take a look at my crystal ball : ) Have a great weekend!
The masses are pounding silver and gold so much simultaneously that you can't really work the GTS ratio rationally!
So i lean towards the cheaper more rare metals you know the other stuff 😂
Silver can “break out any moment now” for far longer than your patience and especially patience of your wife. You told her that silver will explode 😂
Ha!
I remember those videos of people saying $100 silver in 2020... stayed with gold!
🤜🤛
Silver is basically free compared to gold, by a few oz with your gold purchases.......just in case. Youll hardly notice it, can buy fun silver pieces too because why not.
With the GSR at 85 to 1 I am going to have to buy silver this week.
2:24 Like most (it not all?) of us watching this, I buy both and not one or the other. Happy to sell if it's worth my while. Maybe I should add Platinum? 🥃
If the price of silver goes up a significant amount and a large number of people start selling will dealers decide they have too much silver and start offering to pay way below spot? I have heard dealers on RUclips say something along the lines that they have too much silver in inventory and at the time were not buying silver from customers.
Awesome 👌
Samsung is said to have an entirely new breakthrough EV battery that will require silver. This could move the meter.
surprised no one is talking about it. 600 mile range with 9 min charge and 20 year life. I think each battery has 32oz of silver in them. could be huge.
Ethereum is the crypto version of fiat currency. It's everything we hate about fiat - except it also has no use case anymore. Headed straight for zero, even the founders are selling it. Please stick to Bitcoin. Love the vids!
I’ve been out of ETH for quite a while. Mostly BTC now.