What Should You Do NOW - All Time Highs For Gold - My Perspective On Buying Gold & Silver RIGHT NOW!

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  • Опубликовано: 12 янв 2025

Комментарии • 164

  • @BackyardBullion
    @BackyardBullion  2 месяца назад +5

    If you want to pre order any of the pieces you saw today please email byb@backyardbullion.com
    Subscribe to my newsletter: backyard-bullion-buyers-club.beehiiv.com/

  • @Aj-ui6jx
    @Aj-ui6jx 2 месяца назад +17

    Keep buying in the end I don't have enough to do much with, so it's the only option..if the price goes down I'll buy more, if it goes up, it will take me longer per purchase, but I will still continue 😊

  • @mmpatriot2170
    @mmpatriot2170 2 месяца назад +13

    Rambling! 👍
    I don’t want to sell now, but life happens.
    My wife was laid off and I’ve had some medical issues that have kept me from working for a few weeks.
    Keeping the house is more important than maintaining the stack.
    Glad to have the metals during a challenging time.
    I’ve always considered gold and silver as a savings account that is likely to be better than saving in US dollars.
    So, if we have to sell to pay the bills, we are still better off than if we had just stayed in US dollars.

  • @Calmness1014
    @Calmness1014 2 месяца назад +14

    I'm still buying gold! No matter the price!

  • @davidshanahan5134
    @davidshanahan5134 2 месяца назад +2

    I bought my first gold and silver 15 years ago. It seemed expensive at the time, and I wondered if I'd done the right thing. Gave my 3 kids a 1 oz gold bar and a 10 oz silver bar each, which they still have. Bought some for my wife and I too. Best performing Christmas presents ever! Gold was about AUD $1200 per oz, now $4100 - don't remember the silver price but it wasn't a lot. It's never too late.

  • @HoLeeSheet-hl6cv
    @HoLeeSheet-hl6cv 2 месяца назад +8

    The large silver shorts that have kept down silver price for years are about to crack.

  • @emills1417
    @emills1417 2 месяца назад +20

    I'm still buying silver. Any dip in price and I'll buy my last 3 ozs of gold for my kids inheritance.

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +3

      A wise idea

    • @jkly495
      @jkly495 2 месяца назад +2

      how many ounces of gold have you bought your kids?

    • @ColorOfMoney7
      @ColorOfMoney7 2 месяца назад +2

      I was buying gold when gold was at $1,500, these baby boomers could have had gold at $30 per troy ounce, every baby boomer should be very wealthy, if they're not, they made a huge mistake not buying gold

  • @Stanislaw93
    @Stanislaw93 2 месяца назад +8

    About 10 years ago it costed about £80 to buy 1/10oz gold coin - today you can barely get any 1 gram gold bar for the same amount of money...

    • @psy-op
      @psy-op 2 месяца назад

      What are you on about.
      A 10 oz gold coin for £80 10 yrs ago. Did you type a mistake there?

    • @Stanislaw93
      @Stanislaw93 2 месяца назад +4

      @@psy-op 1/10oz - a tenth of an ounce

  • @daviniarobbins9298
    @daviniarobbins9298 2 месяца назад +13

    "Will you start the fans please."
    Sorry couldn't resist. When I saw your tub of 1g gold and silver bars I had to write the above. Anyone who watched The Crystal Maze back in the 1990s will get it. Remember for each silver collected we take away 1 gold.

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +3

      I remember the crystal maze well and now I can't think of anything else when I see that box!

    • @fragdad
      @fragdad 2 месяца назад

      Me too, 😂

  • @ralph007silver
    @ralph007silver 2 месяца назад +9

    I remember when gold smashed through £1000, and it doesn't really seem that long ago either, thinking "my god, gold is so expensive"
    Now the same can be said about £2000, and we think it's expensive.... and so on into the future !
    004 👍😎

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +2

      Yeah, I remember it well. Interesting time. Thanks for being a cool kid!

  • @rainjuice5774
    @rainjuice5774 2 месяца назад

    Gold and silver are so fascinating and will definitely be part of our future for money somehow. Cool to see you making fractional and denominational. I agree with the silver to gold ratio and have high expectations for silver.

  • @philipbant657
    @philipbant657 2 месяца назад +1

    As I have just today purchased a couple of sovs, I can virtually guarantee the price will drop. That's how it usually goes with me.
    Can't wait for the pull back forever.

  • @silversleuth007
    @silversleuth007 2 месяца назад

    Love those wafers of preciousness in that container!
    I am still buying on a budgeted schedule.
    Yes, the HIGH price stings, but the value retained is comforting.
    Your pours are terrific.
    TY for sharing.

  • @danhills735
    @danhills735 2 месяца назад +1

    ‘Both sides of the coin to coin a phrase’ beautifully done 😊

  • @18ad84
    @18ad84 2 месяца назад +4

    Keep buying, never stop.

  • @czechstacker
    @czechstacker 2 месяца назад

    I am still stacking gold, but mostly smaller fractional at a much lower ratio to silver. Nice video.

  • @browpetj
    @browpetj 2 месяца назад +3

    Some guys in Middle East are sitting here with kilo bars from 2000, bought from the banks here after they realised there wasnt going to be a Y2K crash 😵 They can easily re-sell them or exchange them for fractional at the country spot price any time to any dealer by visiting the gold souk 😮 No liquidity issues at all!

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      For sure, it's a crazy period to have held gold!

  • @PoliticalprisonUK
    @PoliticalprisonUK 2 месяца назад +3

    Is it the price of gold n silver going up. Or is it the currency becoming worthless?

  • @adamj4541
    @adamj4541 2 месяца назад

    Being in the lower wagie bracket its fractionals and sovreigns for me. Its a slow process but i should be able to reach my modest target before the price truly sky rockets.

  • @michaelangelobergeron5980
    @michaelangelobergeron5980 2 месяца назад

    I just bought a couple more ounces of gold a couple weeks ago and I’m glad I did when I did because it’s gone up over a hundred dollars since. I don’t see it going down significantly anytime soon, I think anything under $3,000/oz is a bargain compared to what it’ll be this time next year!

  • @dennisbacsafra4724
    @dennisbacsafra4724 2 месяца назад

    004 Great content! Have only had Gold ETFs so far. But now interested in the sovereign coins and fractionals.

  • @bigfishsmallpond2201
    @bigfishsmallpond2201 2 месяца назад +4

    ATS bullion are buying at 99.5% of spot for 1oz gold brittanias and sovereigns

    • @BackyardBullion
      @BackyardBullion  2 месяца назад

      Nice, that's a good price!

    • @Goldylocksss
      @Goldylocksss 2 месяца назад

      Blimey that may be even better buy back than Chards or Atkinsons!😮thanks for the advice👍🏻👍🏻

  • @peterloftus6259
    @peterloftus6259 2 месяца назад +1

    I think if one has a strategy of buy regularly then there is no reason not to continue. Obviously it makes sense to buy the dips. Being British gold is still good value vs silver but it’s great to have both.

  • @kevinm-fr4wl
    @kevinm-fr4wl 2 месяца назад

    My mate was buying gold in the 90.s at just over £200 an ounce and bought several £5 gold coins for £300 each :)

  • @johnlee4897
    @johnlee4897 2 месяца назад +5

    I started buying in 2008 when gold was a record £575/oz during the global financial crisis. 3-coin sov premium sets were still selling for as low as £570 in 2010/11. Seems laughable now

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      Yeah, that's how the world goes!

    • @Crosshatch1212
      @Crosshatch1212 2 месяца назад

      I've been scrap bying since 1998 ,door to door when it wasn't frowned upon ,

  • @henstar1731
    @henstar1731 2 месяца назад +1

    Think about it , is it gold going up or more than likely it's the currency depreciating to all time lows compared to real money gold

  • @nerduk1706
    @nerduk1706 2 месяца назад

    004 I'm still buying both silver and gold! by the time I'm thinking of selling any small part of my stack I'm sure prices will have gone up!

  • @manuelberthelot4947
    @manuelberthelot4947 2 месяца назад +1

    Do you think the price of gold will continu to grow with the Brics Summit?

  • @coincollectingfun
    @coincollectingfun 2 месяца назад

    Big like number 393! Excellent video and thank you so much for sharing!

  • @jamesmslwte6593
    @jamesmslwte6593 2 месяца назад +1

    004 would look very nice in my beginner stack 😀

    • @BackyardBullion
      @BackyardBullion  2 месяца назад

      Unfortunately 004 is claimed already by a customer, but we have other numbers you could claim if you want!

  • @BitsAndBobsCoins
    @BitsAndBobsCoins 2 месяца назад +2

    Always enjoy your videos BYB
    Did you hear about the 740k tonnes of Gold found in Greece
    Will this not Crush the Gold Price?
    I hope not, I have been on a buying spree recently
    Thanks 🙏

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      I haven't heard about that, no.

    • @Calmness1014
      @Calmness1014 2 месяца назад

      That's an estimate by a mining company and also if it's true would be 740k tonnes of ore not just gold! I'd say it's all garbage tbh.

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      I would say until it's out the ground be very cautious about this news!

    • @turokforever007
      @turokforever007 2 месяца назад

      @Pumpanddump-o6v LOL the bailout was a scam, Germany helped them out but the amount Germany charged them was a lot more than what they were given

    • @davidmcxx
      @davidmcxx 2 месяца назад

      Imagine the amount of time and money needed to extract and refine that. I don’t think spot price will be affected at all.

  • @darrenbullman9450
    @darrenbullman9450 2 месяца назад +1

    Germania Mint 1kilo silver bar looks amazing 🤩.
    Stack consistently i guess. Good if your in the game though not great for ecomony/people generally unfortunately is the down side. Thanks 🙏

  • @LemonsGraphics
    @LemonsGraphics 2 месяца назад

    Just bought my first silver today. Its getting scarier and scarier being in Fiat. Waiting for a pullback on gold though.

  • @ColinMackenzie-lc4ec
    @ColinMackenzie-lc4ec 2 месяца назад +1

    Selective buying especially from BYB - 004! :)

  • @123bbbooobbb
    @123bbbooobbb 2 месяца назад +1

    im new to collecting im buying 1oz silver and 1g gold 004

  • @djsimonrossprice9400
    @djsimonrossprice9400 2 месяца назад

    For us novices....
    Coins or Bars..
    Thank you...

  • @borisperez3129
    @borisperez3129 2 месяца назад

    I call it the Oscar Schindler syndrome, trying to double down when it’s obvious a good outcome! El Paso on the sentiment, I am doing the best I can within budget, no regrets, indeed I just added some gold a couple weeks ago 👍

  • @ARegularBloke
    @ARegularBloke 2 месяца назад +1

    I’m at just over 12 ounces of gold now, it’d be nice to get 15 but at these prices stacking is turning into one expensive hobby! I’d buy silver without the VAT. Think they’ll ever remove it like they did with gold in the early 2000’s? 004

    • @BackyardBullion
      @BackyardBullion  2 месяца назад

      Hmm, I don't think any time soon unfortunately. It might be more likely they will put VAT back on gold.

  • @lizireland-skies
    @lizireland-skies 2 месяца назад +1

    004004 lovely pieces. I agree with you about gold reaching $3k b4 years out. Been rising so fast last few days, silver also definetly thinking of your fraction pieces of both shiny things, love your poured pieces too

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      Thanks Liz! Super extra cool kid club!

  • @ardeshirpashmi
    @ardeshirpashmi 2 месяца назад +1

    Hi, would you buy gold ETFs as the gold prices going up if you already have some gold coins?

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      Would rather physical myself

    • @ardeshirpashmi
      @ardeshirpashmi 2 месяца назад

      @@BackyardBullion but as the gold prices are so high then fractional shares in gold ETFs might be a way forward for now?

  • @TemplarsCreed
    @TemplarsCreed 2 месяца назад

    Serial 004
    Personally I am still buying though it is taking me longer to get the ounces in. I am not buying shrapnel (fractional) because I have found that the dealers don't give the best rates for anything under 1oz in my experience (though admittedly I haven't sold much). The way I see it, I won't be selling my stack until another 24 years when I'm 60, so I need to keep buying because I am nowhere near the selling stage yet. I've always said when I'm 50 I'll stop buying and then at 60 I'll sell everything, so anything I buy up to 50 will still have 10 years of growth. Show me a 10 year-gap graph where gold hasn't rocketed upwards in a decade 😊 I wouldn't even mind if gold dropped a couple hundred quid because I'll be able to stack more ounces quicker over the next 14 years

  • @go4it129
    @go4it129 2 месяца назад +1

    I sold 91 oz Ag for a 1 oz American Gold Eagle.

  • @MrLiloakes
    @MrLiloakes 2 месяца назад +1

    004 great content as usual byb and as of this month since starting 7months ago in march on my birthday i started buying different purchases of fine silver coins and bars in different weights but mainly britannias 1oz enjoying the various collection i hold. any leftovers of disposable wages before my next monthly wage the day before i treat my stack to added silver 😎

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      Cool kid club! Thanks for sharing your plan

    • @MrLiloakes
      @MrLiloakes 2 месяца назад

      @BackyardBullion and my all time enjoyable purchase of yet was one of them 10oz silver geigers they are amazing in the hand and up close visual looks 💯😎 I keep hearing repeatedly and it sticks to mind store store store of wealth and if you cant hold it you dont own it 💡 and we purchasers can hold our metals in physical form😎

  • @antonyweaver357
    @antonyweaver357 2 месяца назад +5

    Stop mixing up the gold and silver - I am having palpitations!
    Thanks for another great vid…
    🙏🤣🖖

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +2

      Never! It's provocative and gets the people going!

    • @antonyweaver357
      @antonyweaver357 2 месяца назад +1

      @@BackyardBullion Touche, sir! Ever shall it be so… 👏🫡 👍

    • @BackyardBullion
      @BackyardBullion  2 месяца назад

      It did take me a little while to unseparate them!

  • @davidmartin2957
    @davidmartin2957 2 месяца назад +1

    Ah precious but just how close to spot will dictate volume. Currently Gold is sitting at £67.02 per gram.

    • @BackyardBullion
      @BackyardBullion  2 месяца назад

      Yes indeed, thanks for sharing!

    • @daviniarobbins9298
      @daviniarobbins9298 2 месяца назад

      Now that eBay have got rid of their fees at least for private sellers you get 100% of what you sell for. Still a risk to sell on eBay though. If you are going to sell on eBay make sure you show the invoice minus of course your details and pay for Special Delivery at the higher cover rate this is nearly £19 over £1000 which if it's gold is easy to reach. Just watch out for the time wasters and scammers.

  • @Chris66Mas
    @Chris66Mas 2 месяца назад

    I’m buying silver coins, as close to spot price as possible.

  • @dougscott2298
    @dougscott2298 2 месяца назад +3

    004 i would love to be buying more gold, i stack sovereigns primarily but at 500 a pop its becoming less and less affordable. Definitely not in the market to sell though. Hanging on in there for the foreseeable 😂😂

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      Thanks for sharing, maybe half sovereigns will become the new norm

  • @Neo_Psy
    @Neo_Psy 2 месяца назад +1

    004 If only silver would start breaking some records too. I keep prodding it with a stick but it doesn't do much.

  • @lggsretrofinds4461
    @lggsretrofinds4461 2 месяца назад +2

    new highs for sure but next dip will happen when it does buy buy buy because wont get a chance again

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +3

      It will be interesting when a dip comes

    • @Goldylocksss
      @Goldylocksss 2 месяца назад

      Everyone will be backing up the trucks for gold purchases if there is a big dip😊😊

  • @rory7511
    @rory7511 2 месяца назад

    004, haven’t bought gold in a while, still stacking silver, happy with my split, time will tell 👍, either way, I’m happy I’ve traded fiat currency for real money 💰

  • @mint_mark
    @mint_mark 2 месяца назад +1

    004 from 2024. I love the look of your ammonites! Reminds me of childhood holidays in Lyme Regis 😂

  • @guts1005
    @guts1005 2 месяца назад +1

    Should i buy 2 oz of silver and 1 grams of gold every check? Or is it better to save and buy in bulk?

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      I would just save up and buy bigger gold, like a half sovereign (about 3.5g gold)

    • @guts1005
      @guts1005 2 месяца назад +1

      @@BackyardBullion i appreciate you, im just starting and trying to figure out the best way of when and how to buy. Love the channel!

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +2

      It's different if you are in the UK vs US but in the UK you should definitely just go for sovereigns

    • @guts1005
      @guts1005 2 месяца назад

      @BackyardBullion im from us unfortunately and everything is tax super high. :( iajust turned 30 yesterday and i want to start really saving for my future. Im invested in stocks and currently looking into silver n gold.

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      Good luck buddy, slow and steady wins the race.

  • @GhileMear250
    @GhileMear250 2 месяца назад

    004 CKC. Regretti spaghetti for sure. If you could play every hand twice...

  • @RealPsychoChef
    @RealPsychoChef 2 месяца назад +1

    Even if it gets to £5k an ounce.. I’ll still keep buying..
    Concept is if this is how high it can go in a year. Imagine in 10 years… that would be my retirement funds

  • @djsimonrossprice9400
    @djsimonrossprice9400 2 месяца назад

    Been buying gold a short time but have already sussed something out..
    The C.G.TAX is at 3k / oz... hence peeps need to buy much smaller denominations...
    Say 10gms.. if gold still rockts up as it has these smaller bars will take longer to hit that 3k... BUT WILL at some point..
    Today 28th October 24
    Spot price is £2125/oz... so only £800 odd before CGT is due on selling... just trying to help my fellow buyers... to stick 2 fingers up to GOVERNMENT.... esp K.S..😂

  • @Mike-METALS
    @Mike-METALS 2 месяца назад +1

    Do you use silver crystal to make you bullion

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +2

      Not usually, no. I tend to just melt big 999 silver bars.

    • @Mike-METALS
      @Mike-METALS 2 месяца назад

      Okay thanks ​@@BackyardBullion

  • @ShinyPreciousMetals
    @ShinyPreciousMetals 2 месяца назад +1

    15:30 buying gold.. 004

    • @BackyardBullion
      @BackyardBullion  2 месяца назад

      Great stuff, thanks for being a cool kid 😎😎

  • @hotandsweaty6057
    @hotandsweaty6057 2 месяца назад

    Not in a bank safety deposit box. They can legally sieze it when the bail-ins start.

  • @thevanman4498
    @thevanman4498 2 месяца назад +2

    You’ll be regretting no buying more at today’s prices in the future, dollar cost average is best.

  • @shimsteriom4191
    @shimsteriom4191 2 месяца назад +1

    004
    Selling 'some' gold

  • @KingKonggb
    @KingKonggb 2 месяца назад

    All depends if there is a financial reset. Can't see the US servicing the astronomical debt, and printing money is only a short term solution. A reset (and there will be one) possibly with CBDC's backed by Gold/Silver. The likes of the ECB etc are trying to ban Bitcoin etc and by kicking the can down the road isn't going to work. Once a reset materializes, then it might be that G/S will experience a meteoric rise as investors and general retail want to preserve their wealth.

  • @JakeBooth1
    @JakeBooth1 2 месяца назад

    £40 oz silver soon

  • @mw8580
    @mw8580 2 месяца назад

    Mining stock are going to come good after years of being flat.

  • @taniayager3361
    @taniayager3361 2 месяца назад

    Why are we all hung up over Bitcoin and Crypto when they are not even valuable assets? They are not real money and remind me of the fiat currency we have which is worthless. I believe people are sucked into this psychological belief that digital is real! It is like some kind of sickness!

  • @mikemilton4370
    @mikemilton4370 2 месяца назад

    004 buying. Fiat is trash.

  • @tonystone9367
    @tonystone9367 2 месяца назад +1

    004 😁

  • @dprhythms5458
    @dprhythms5458 2 месяца назад

    If someone had @106 oz of silver, but no gold. However, this person wants to start stacking gold, but at good, reasonable value and prices. Understandably, not seeking financial advice!!! This person is looking to put savings away at at least 1 to 1 1/2 oz of gold per 12 months. This person is patient enough to get it at what would be the next pull back or when 1 oz savings is achieved, which ever comes first. To Backyard and the Community, Fractional on the way up or down, or save and acquire 1 oz regardless of where price is at the time?

    • @daviniarobbins9298
      @daviniarobbins9298 2 месяца назад +1

      Buy either tenth or quarter gold coins or 1 to 5g gold bars every month. The smaller the item the higher the premiums will be though.

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      Buy sovereigns or half sovereigns

    • @dprhythms5458
      @dprhythms5458 2 месяца назад

      @@BackyardBullion Thanks for the reply, Backyard!

    • @daviniarobbins9298
      @daviniarobbins9298 2 месяца назад

      @@BackyardBullion Or sovereigns indeed.

  • @randymarsh9935
    @randymarsh9935 2 месяца назад +1

    regretti spaghetti?

  • @LatimusChadimus
    @LatimusChadimus 2 месяца назад +1

    Tasty bits

  • @jonnymonsterjl
    @jonnymonsterjl 2 месяца назад

    I've got a small bag and feel it's best to stop there. Physical metals are an odd investment and very illiquid, shiny but difficult to shift. Crypto is the future, not as shiny but easier to shift with just as much, if not more potential...

    • @taniayager3361
      @taniayager3361 2 месяца назад

      Why are we all hung up over Bitcoin and Crypto when they are not even valuable assets? They are not real money and remind me of the fiat currency we have which is worthless. I believe people are sucked into this psychological belief that digital is real! It is like some kind of sickness!

    • @jonnymonsterjl
      @jonnymonsterjl 2 месяца назад

      @taniayager3361 I agree with you but at the same time has more chance of real world profit...

  • @Aj-ui6jx
    @Aj-ui6jx 2 месяца назад +1

    004

  • @josephbrown3647
    @josephbrown3647 2 месяца назад +1

    Love the 1g gold and silver bars. Reminds me of samurai money. Definitely interested in the 1g carded of silver and gold. To own something you've made would be nice in the stack. I'll drop an email

    • @BackyardBullion
      @BackyardBullion  2 месяца назад +1

      Thank you! We are taking preorders, so if you want one just let me know.

    • @josephbrown3647
      @josephbrown3647 2 месяца назад

      Super excited for my order 🤗. I'll continue to be in touch for fractional gold 🎉

  • @LatimusChadimus
    @LatimusChadimus 2 месяца назад +1

    004

  • @mgtowchampion7961
    @mgtowchampion7961 2 месяца назад

    I'm going all Robert kiyosaki this week with spending all my cash notes in my glass jar spending £3500.00

    • @BackyardBullion
      @BackyardBullion  2 месяца назад

      Robert Kiyosaki is a hack - don't listen to anything he has to say, he's a raving mad lunatic.

  • @wasillastacker
    @wasillastacker 2 месяца назад +1

    004.🫎🫎

  • @charnockvideo
    @charnockvideo 2 месяца назад +1

    004

  • @Mike-METALS
    @Mike-METALS 2 месяца назад +1

    004

  • @AllThatJazz_
    @AllThatJazz_ 2 месяца назад

    004