Even if it was a 40:1 ratio, I'd take a profit and also trade into more gold. Generic rounds, 5, 10 and kilo bars would be the first to go. Edit: When buying, one needs to consider sales tax, if any, of your state. I only bought when I had enough to overcome the threshold where sales tax were waived. It was $1500, now $2000. Tax rate is around 8%.
@@JJj-sb5pz yeah, then they want to get capital gains taxes when you sell. As if you have proof of the price paid for each ounce that you bought. I have my opinions on that but won't express them here. 😉
I like what you’re doing with your channel. I’m trying to educate with mine as well. In my opinion, is your duty to get Silver as close to spot if possible. One the way to do that is to buy used i.e. secondary market Silver. The dealer typically pays back a spot and you can get it close to and sometimes even at spotthe retail market has not caught on yet. Silver premiums and gold premiums are pretty low, but one retail gets burned on the stock market and bitcoin they’ll be diving head first into golden silver at that time the premiums will jump up.
I have been collecting both since 2009. Even back then all the silver stackers and sellers were harping on the ratio. But the issue is that all the big banks and institutions will only buy gold. They rarely buy silver. Gold has always done better and I think it will do better still in the future. Tons of the silver stackers RUclipsrs I see at some point need to sell their silver to pay off a car, business, or some kind of debt. Big gold stackers almost never sell and I think that is missed a lot. I also tend to believe that dealers make more money by selling silver than gold maybe that is why it’s better pushed so much more. With that being said, I just bought 50 oz of silver last week. Thoughts on this?
Very interesting, I’m hoping silver reaches some new highs where I can also trade in for gold. My stack is a savings account not an emergency fund (if you get my meaning). I think you’re correct on dealers making more on silver.
When retail finally jumps gold and silver premiums will rise fast. Right after the banking crisis in March 1923 Silver spot was $25 and American Eagle were selling for almost 50. That is also a good time to take advantage and swap some silver for gold.
It’s truly a mixed bag. I search diligently for the best deals. By watching RUclipsr channels on silver I got some special promotions online. I also have found some great deals at a local pawnshop (not recommended, mostly high prices). Some of the best deals I have found are when buying a full 20 through COSTCO, using my Costco credit card to get 4% back. I got Eagles for around $2 over spot (free shipping & no tax where I am). I also have a LCS that has pretty good prices consistently.
@ I have heard of others talk about buying from Costco, so with that question so if your in a state where you don’t pay taxes for your coins, will that be the same at my local Costco as well? I need to look into this. I am a Costco member, but I don’t have their credit card. Maybe I should get it.
That "throughout history" graphic is worthless deceptive, whatever. Skipping the last 300 years renders it pretty much worthless. Setting that aside, IF I was confident that the ratio wouldn't continue going down, I would swap out roughly 1/2 of my silver for gold.
SNATCH up that silver, no question. LOL Eventually you might switch to gold. My thoughts would be, buying some silver that is recognizable as money, not just a pretty coin. Like Constitutional, which people know right away, is valuable.
Thanks, I had fun making it with some friends who do music stuff. Currently working on a spin on the 12 days of Christmas called the 12 Days of Stacking. It will launch next week in a 12 day series of videos. I hope you enjoy it as well.
I think I read somewhere recently that some of the larger banks that were doing this could only back what they sold at a rate of 400 to 1. It’s really bad. Hopefully that all changes soon.
Answer is decentralized assets (physical & digital )I would swap 60% of my Silver stack. Constitutional & ASE will be HODL status till further notice. Buy *Silver . Gather #GOLD .
In 1942, 2 Mercury dimes bought you a gallon of gas. Today, the silver in 2 Mercury dimes will buy you a gallon of gas (in CA it takes 3, but prices are insane there). So … that isn’t “keeping up”?
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
in-depth analysis of historical silver and gold prices provides valuable insights
@@Gold-Dreaming thank you for sharing.
Silver will be more important than gold for humanity😎
Only a fool would swap silver for gold at any ratio over 50 to 1
Thank you for sharing
Thank you for sharing. I appreciate your take.
MYV - your videos are exploding man. Great work!!
Thank you for your support.
Even if it was a 40:1 ratio, I'd take a profit and also trade into more gold.
Generic rounds, 5, 10 and kilo bars would be the first to go.
Edit: When buying, one needs to consider sales tax, if any, of your state. I only bought when I had enough to overcome the threshold where sales tax were waived. It was $1500, now $2000. Tax rate is around 8%.
I would probably do the same.
Same, I hate tax on metal
@@JJj-sb5pz yeah, then they want to get capital gains taxes when you sell.
As if you have proof of the price paid for each ounce that you bought.
I have my opinions on that but won't express them here. 😉
Thank you for staying civil 😂, a lot can be said for unfair taxes.
When you get to a certain amount of silver, you realize that gold is better just for the weight.
But I keep buying silver because I’m addicted lol.
It’s a whole lot of fun. Keep stacking.
20 to 1 ? all the silver I own would be traded for gold.
Thank you for sharing
the past 3 years, I said gold will reach $5k + premium 10% $5,500 w/ high demand and silver in the $70's ratio around 75 w/ low demands.
Interesting take, I’ll be watching.
I would convert 2/3 of my stack
Thank you for sharing. I’d be about the same.
I like what you’re doing with your channel. I’m trying to educate with mine as well. In my opinion, is your duty to get Silver as close to spot if possible. One the way to do that is to buy used i.e. secondary market Silver. The dealer typically pays back a spot and you can get it close to and sometimes even at spotthe retail market has not caught on yet. Silver premiums and gold premiums are pretty low, but one retail gets burned on the stock market and bitcoin they’ll be diving head first into golden silver at that time the premiums will jump up.
Thank you for your positive comments. Much appreciated.
I’d trade for at least 3 oz of gold maybe take some cash profits
Thank you for sharing.
I have been collecting both since 2009.
Even back then all the silver stackers and sellers were harping on the ratio.
But the issue is that all the big banks and institutions will only buy gold. They rarely buy silver.
Gold has always done better and I think it will do better still in the future.
Tons of the silver stackers RUclipsrs I see at some point need to sell their silver to pay off a car, business, or some kind of debt.
Big gold stackers almost never sell and I think that is missed a lot.
I also tend to believe that dealers make more money by selling silver than gold maybe that is why it’s better pushed so much more.
With that being said, I just bought 50 oz of silver last week.
Thoughts on this?
Very interesting, I’m hoping silver reaches some new highs where I can also trade in for gold. My stack is a savings account not an emergency fund (if you get my meaning). I think you’re correct on dealers making more on silver.
The key is getting completely out of debt, it is a wonderful feeling. Then stack.
I agree with living a debt free life.
When retail finally jumps gold and silver premiums will rise fast. Right after the banking crisis in March 1923 Silver spot was $25 and American Eagle were selling for almost 50. That is also a good time to take advantage and swap some silver for gold.
Very enjoyable video! So do you find your best deals from online dealers or local shops?
It’s truly a mixed bag. I search diligently for the best deals. By watching RUclipsr channels on silver I got some special promotions online. I also have found some great deals at a local pawnshop (not recommended, mostly high prices). Some of the best deals I have found are when buying a full 20 through COSTCO, using my Costco credit card to get 4% back. I got Eagles for around $2 over spot (free shipping & no tax where I am). I also have a LCS that has pretty good prices consistently.
@ I have heard of others talk about buying from Costco, so with that question so if your in a state where you don’t pay taxes for your coins, will that be the same at my local Costco as well? I need to look into this. I am a Costco member, but I don’t have their credit card. Maybe I should get it.
If silver goes to $50 an ounce, I would take my profits and trade heavily into gold imho.
Nice.
I would trade a portion of my Silver in for fractional Gold, but I would hold on to all of my 90% Silver and mostly trade in Eagles, rounds, and bars.
Thank you for sharing
36:1 what should I do?
Totally up to you. Keep stacking.
That "throughout history" graphic is worthless deceptive, whatever. Skipping the last 300 years renders it pretty much worthless.
Setting that aside, IF I was confident that the ratio wouldn't continue going down, I would swap out roughly 1/2 of my silver for gold.
I agree. The more recent years won’t be that important much longer either imo. Thanks for sharing.
I will convert 140 oz to gold.
Nice!
I would trade half of the silver in for more gold.
Thank you for sharing
Conversion for sure
Thank you for your comment.
Both have there pros and cons, stack both!
Very true.
SNATCH up that silver, no question. LOL Eventually you might switch to gold. My thoughts would be, buying some silver that is recognizable as money, not just a pretty coin. Like Constitutional, which people know right away, is valuable.
Thanks for sharing
you have my like for the "clown world" xP
Thank you.
Great theme song 🎵
Thanks, I had fun making it with some friends who do music stuff. Currently working on a spin on the 12 days of Christmas called the 12 Days of Stacking. It will launch next week in a 12 day series of videos. I hope you enjoy it as well.
Trade my non-90% silver for gold. The Constitutional I may still keep most as barter.
Thank you for sharing.
The paper metal market dwarves the physical and is being artificially kept wherever the shot callers want it
I think I read somewhere recently that some of the larger banks that were doing this could only back what they sold at a rate of 400 to 1. It’s really bad. Hopefully that all changes soon.
I would get rid of this 150 lb silver boat anchor I have to guard and worry about to big to hide to heavy to move gold is better
Thank you for sharing
The weight was the issue and the 8th & final Nobel Metal is if you DYOR you might understand the method of my madness
Answer is decentralized assets (physical & digital )I would swap 60% of my Silver stack. Constitutional & ASE will be HODL status till further notice. Buy *Silver . Gather #GOLD .
Thank you for sharing
Plato....45 BC? Who made that chart?
Appreciate you asking, I did not verify, it just caught my attention. It got me thinking about selling my silver for gold.
I would sell all that . Buy xrp and forget about it.
I have tripled my money. And it's holding on metal.
XRP is doing great! Wish I would have known about it years ago. Thanks for sharing.
By saving your silver you did not make a dime do to inflation, do the math but you are losing less than the population that I can tell you. 👍
I agree, silver does not outpace inflation.
In 1942, 2 Mercury dimes bought you a gallon of gas. Today, the silver in 2 Mercury dimes will buy you a gallon of gas (in CA it takes 3, but prices are insane there). So … that isn’t “keeping up”?
Yeah,you probably started stacking silver last month🤪🤣😂
@jisskk28 Lol 😂 APPROVED!!! How did you know young fellow 😃
@@jisskk28, I started 3mon ago