I dont think its ever a bad time to buy you have to cost dollar average just like stocks just buy consistently over 5, 10, 15. 20 yrs. You will catch bottoms and highs but in the long run you will be ahead with a nice stack. Best tangible asset you can spend your money on besides real estate.
@@InappropriateShortsexactly!! Doesn't matter what ppl are spending, precious metals will always be worth 100x that. And it was the first money, after trade
Dollar cost average has to be one’s strategy to maximizing your profits. Golds not going anywhere like some companies stocks, but on the way down is always the best time.
@@josepharavanis9463 not going to assume anything other than what appears to be a condescending statement, forgive me if I’m wrong, just taking it at face value,,, but cost dollar average is exactly what Warren Buffet & all great investors do, constantly. But maybe a little historical context is needed. Gold keeps up with inflation, it is NEVER affected by inflation (unlike the fiat dollar), period! Here’s a great example to illustrate that. In the 1920’s, a $20 gold coin bought you a very nice top of the line suit, shoes, hat, and all the accessories, & today that same $20 gold coin will buy you the top of the line, very nice suit, shoes, hat (if you choose), and all the accessories you like. Gold is a savings that protects your money against inflation (it does not lose its value), which thanks to your president is the highest in 30 years. But I could be wrong, you’re not being condescending, just ignorant on how to invest in something you believe in.
I do buy on the dip but I am very mindful that it might not be a dip, but a collapse. Bought big over Thursday through Friday but it could work out for good or ill. The only thing protecting my mental health is that I only buy with money left over after paying my bills and grocery shopping.
@@2is1gold "If we saw the bottom fall out and price dropped 30%, I wouldn't go broke." Neither would I... but I'd probably hurt myself getting more gold! lol
I'm sure everyone here knows much much more than me when it comes to PMs. My thought, with this reset and anything could literally happen at any time... to buy whenever you have an opportunity. That is, I'd rather lose a few hundred by spending more than I should than to miss any opportunity that could disappear at any moment. We are in unprecedented times with intro of cbdc ( total control ), power outages, food shortages, and the end of the dollar. Along with more control over what you purchase. I do understand the concept here, I just feel like we might be running out of time with more people waking up and seeing what's going on? Thanks for all you do!
Of course it makes sense to buy on the way down. I’m newer and have been hoping for a price drop. I don’t make much so I have to try and take advantage of lower prices.
@@777trader8 I still haven’t pulled the trigger. Waiting to see what the next trend is, up or down. I don’t foresee gold getting back down to 1,200 to 1,500 but if it does you just try to buy more.
Well w BRICS announcing there new metals backed currency things will change... dramatically Gold is now a Tier 1 assert just like the Dollar...1st time ever...I have been buying Gold since it was $300 an oz...I held for 10 years and made close to 900k ...stocks are phenomenal however risky...Gold will only go up BRICS just changed the game ..period
A quote from the early-mid 1800's. “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money”-Alexis De Tocqueville. No truer quote and if you believe it too, why not buy the dip, buy the uptick, and buy when you can afford to do so.
@@goldeneye70 I totally agree. In 2, 5, 10 years, I really feel you will not be sorry buying at these prices. Unless, of course, asteroid mining is the new fashion.
I just bought a Gold Eagle and a British Sovereign today and with my curse the price should go even lower tomorrow, so everyone is cleared to buy then. You’re welcome
The best time is when you have some extra cash in your pocket. Usually when people have extra cash its spent on who knows what and its gone if you buy a 1/4 ounce every month in 20 yrs you will have a nice stack.
You always end with "appreciate your time", I want to say thank you as it seems a dying art to show kindness n just those few words helps me see nope, others are still kind as well because lets face it.. it's not common anymore so thanks again!
been waiting. my budget isn't that great so I have to be more careful. In general I think it's a good idea to wait and see what happens. buy now and price drops, you may regret it.
Indeed, I buy when I can. (biweekly, or at least monthly) Historically, I’ll buy as it drops I save my money for the big purchases in January and the beginning month of summer maybe into July) And downward. Good points, and yes, I agree, I would rather be 100% correct 50% of the time.
Love seeing prices drop. Just more opportunity. I'm glad I held off when it was over 2000$ as well. I actually get excited when price drops so I can buy more, as weird as that is to say from someone who holds gold and it's value has just gone down lol
"Buying the dip" can always be regarded as a reasonably conservative financial "risk" relative to nearly all other assets, whether they be stocks, real estate, cryptocurrency, etc. and surely compared to holding US dollars/cash. That is one the main attractions of gold, it is very strong and stable over the long term. Only bullion shops should be "flipping" physical gold and silver in the short term, since in their case volume is the key.
Tou Over Thinking Buying. I base gold buying on what I think the price will be several years from NOW. Saving $10-$20 bucks matter? When my monthly money I pull out Cash = Pay Myself First, then a monthly buy of gold is some amount. After that pay the monthly Nuts, all in budgets only a few dollers differant. Week latter put the gold in a box shere it sits with a pile of cash & other shinny rocks waiting. The cash I may spend but the gold is a long hold. All in all there's no wrong way with long holding gold.
Best gold to buy here in europe are dukaten. 3.49g of 0.986 (3.44fine) for about 200€(220$). Difference between selling and purchase price at most dealers are 3-4€, so a premium of about 1,5-2%. They are also at least 100 years old, which is pretty neat.
I suppose that this is a good time to introduce @HansPeter-qy3wl to the concept of “official restrikes”? 😁 Buddy, those ducats that you’re buying sound like a great deal from a bullion perspective, which is what they should be. But you should know that most of those are official restrikes by the Austrian Mint, which has “frozen” the dates on the coins to some year late in the reign of Kaiser Franz Josef. That’s actually intentional, as it helps reduce the incentive for people to hoard coins based on what year they were minted, thereby keeping the coins as close as possible to their spot intrinsic bullion value, and encourages liquidity in the market. These are all good things for keeping the ducats in their intended role as a bullion trade coin, rather than a collector item. So the odds are that if you bought a ducat this year, it was probably minted… this year. 😁 You can read the yearly mintage statistics for the Austrian Mint’s sales of ducat coins in the Mint’s yearly financial reports. In short: unless the ducat coins that you’re buying have a date on them that’s explicitly different than the “frozen” date on the bullion restrike ducats, then make sure that you don’t ever pay even a single Euro cent of collector’s premium on them. Good luck out there, buddy.
Limited income only can afford 1/10 oz per month,when I try to for larger size I blow the money been buying every month for 8 years have a nice stack. We all stack differently.
I use TA and world news to determine when I buy, I know I know the majority say ta doesn't work with metals. Anyways it has worked pretty well for me, I just put 2 orders in last week. People struggle to handle their emotions. When people are selling I'm buying, when people are buying I kick my feet up, may pick up a few numismatics
Somebody loves Plato. Some say Augustine was a Platonist. Aquinas, not so much. I started listening to the audiobook The Rublic again, but I prefer A Tale of Two Cities. Loved the Odyssey and the Iliad too.🥰 Regarding gold, I just DCA within my budget. Focusing on 1/10 Kooks now. Working on a tube of 1/10s (including some ASEs and Brits). More than halfway there. I’m betting that when the price pumps, I get my premiums back. I don’t like math, but I love Excel! Not great at it but it gets my job done! Buy low, sell high and DCA always.✌🏽
I think if you are in for the long term you should be buying (as long as you can afford it!) I know that purchasing and chasing a price higher gives you immediate validation of your decision but buying on price dips even if you don’t catch the very bottom can be fairly profitable over the longer term.
Agreed, I try to buy it when it drops in price…1/20 ths, and 1/10 ths don’t compare to an ounce or more at a time. Again gold is gold, and I’m a collector not a stacker.
Most of us stackers by when the price drops I'm in it for the Long Haul I'm not expecting to get wealthy but in a few years it will definitely pay off the masses by when the price goes up that's when I halt on buying
that's a great way to buy gold... as the price drops from your entry point, just buy more little by little... your average cost drops as you accumulate :)
New to buying gold. You learn a lot and start researching more when the spot dips below what you paid! Lol. How many of us take a peak every couple hours on Kitco for newest pricing? Lol. Fanatics! Lol
Thanks mate. From Australia here. I do find down here that when the spot price of gold drops, so does the Aussie dollar and therefore the price of gold down here makes no real difference due to currency fluctuation. So I tend to buy when the price of gold seems reasonable taking into account, both spot and currency in AUD. Cheers
Agree, best to dollar cost average over time, maybe pull back when there is an obvious "spike" and buy a bit more when there is a sudden tumble. Also - buy as large and low-premium a unit as practical, even if you have to save up a few weeks to a month or more to do so. Finally, don't buy silver, as a rule, looking to convert to gold later - premiums will kill you.
I always try and buy on the way down. On the way up, I try and figure where the peak is going to be and then reset my expectations on where the bottom of the next dip will be.
Great advice! I don't own very much, at the moment atleast. I do play with silver tho so I understand the game. I can tell something from watching your video that most probably won't... I see your eagle up there but I see you have quite a few buffalo rounds. For either gold or silver that coin is the most affordable, so when you sell (when gold is high) you get the most bang for your buck. Awesome video
I was only planning on buying a kilo silver coin this weekend because I found a Lunar Rabbit on sale. Then the bullion dealer called me today to ask if I wanted to add a gold bar to my order for spot price. I took that deal!
Yes. A $2250 high for gold in the next two years is still underperforming. I'm stacking dollars in a 4% savings account, and searching for a more lucrative investment.
It's just fun. I'm never concerned about price. Price don't matter when it comes to gold. People are worried about losing money buying gold. The same people will go spend thousands on a car that losses its value by 70% the second you sign. But there not worried losing there.
I bought a 1oz gold maple at these mokey hammered prices. Picked up some silver maples as well. Why not I figure, allways adding a small amount at new lows, this month of June 23 is no different.
As a new gold buyer I appreciate the info in and tone of your videos especially. Have you ever passed on a purchase of bullion (eagles or buffalo) due to the quality? How picky are you when it comes to imperfections? I’ve seen you store your bullion coins in capsules, and they look pristine. Do you have more shoddy coins that you own but purposefully don’t highlight in your videos?
I have two Buffalos that look pretty rough and probably have a lot of Eagles that aren’t great. I do pass on some locally. Buying online, it’s not any cheaper to buy older coins these days, so they typically come in perfect condition.
I had 22 empty 10oz silver bar capsules, which motivated me to buy 22 RCM 10oz bars today at 15% over spot. A lot more than I used to pay, but less than most offers around the Net.
I think if you have loads of money to spend on gold at anytime that strategy works but if you dont the key is buying with the lowest premium im sorta new at this but my first 1 oz coin i got at spot on a sale at SD bullion last week
I buy more of any asset I believe in on the way down the further it goes the more I try to budget for until I can’t and keep that energy when it starts to rise and just taper off
If you're a weirdo so am I. I've been holding off buying for most of the year so far until the dip, then I bought. Maybe it will go lower later in the year (or this week) and maybe not. Either way I feel good that I waited for lower prices. Thanks!
I always buy on the way down. I like 2/1's comment about 10-15%, so am always looking for a nice pullback to buy more gold. If it falls 10%, that's when I buy, and if it drops another 5% from there, I buy more. Wash, rinse, and repeat as needed. 😀
I am still waiting for the dip. My number is still below 1900 preferably 1850. My number may never come. I noticed platinum get close to 900. Platinum may be a better buy. Still waiting on the bus.
$1,850 speaks to me too. Not sure why. Maybe because the 200 day ema is around that number, maybe an ounce is less than $2k after premiums. Maybe somebody hypnotized me. 🤷
I almost bought at $1850 and I regret not doing so. Interesting that you pick the same number. My gut told me to buy some gold but I ignored it. C'est la Vie.
You already know my stance...buy. I'm pretty fresh to all this so 1900 is my happy place. Wish I would have started years ago but better late than never! 🤘😎
Absolutely. My 1st gold buy was at $1186. That seemed high to me at the time but I wanted to start stacking gold. Had to endure "the hairy eyeball" from my wife on that one. She looked at the 5 1-oz. Eagles and said, "That's a lot of money for such a small package". I assured her that it would not seem so small in a few years. Good thing I was right on that! lol
I am still here..as stated many times b4.. I buy when I get enough fiat to get 1 oz...price doesn't matter. The old saying is you can't time the market...just buy babies just buy... (Al Davis ) lol
I keep buying on the way down, and it's cheaper than my last purchase again already? Whoa! Nice, except I still need to wait a few more days before buying again. Dragon Fever has me, but I'm moderating the symptoms. Mostly.
I still get FOMO. Dont know why, but when its running up, I want to grab more. When its down and boring, I don't have the urgency. I still buy every month though. Maybe there is a pill I can take. 🤣
It would be great if I could always buy at the bottom of a dip, bit I can’t. I am happy if I can buy when the price is dropping. Sure beats buying at a peak
Your right we are weirdos 😂 definitely love buying when it’s down I get more from my monthly budget around 3-4 Oz more especially if there’s deals too even more silver, gold, platinum and copper.
I stopped buying. I have been studying and it looks like gold prices will crash. I’m saving fiat currency which is fairly strong and climbing. A triple top for gold indicates rejection and will fall to 1820 maybe even 1720. I’m holding steady. If the BRICS announce a gold backed currency things could change overnight but it won’t last either.
If I can save $200 per coin I do so since the short traders are playing still., and the bankers want to do the same because they are that stingy and buy in bulk., so in closing., if we save with a coin., you know the banks are saving a ton buying in bulk.
I dont think its ever a bad time to buy you have to cost dollar average just like stocks just buy consistently over 5, 10, 15. 20 yrs. You will catch bottoms and highs but in the long run you will be ahead with a nice stack. Best tangible asset you can spend your money on besides real estate.
Exactly. As long as you have the money, it's a good time.
100% correct
Good ivestestments if your being passive, much better investments to make if your willing with your time and money
@@slimesizecounts5873 not an investment. It’s the only real money governments produce.
@@InappropriateShortsexactly!! Doesn't matter what ppl are spending, precious metals will always be worth 100x that. And it was the first money, after trade
Dollar cost average has to be one’s strategy to maximizing your profits. Golds not going anywhere like some companies stocks, but on the way down is always the best time.
Agreed 🤜🤛
Yeah, how stupid, catching falling knives, that's the way!
@@josepharavanis9463 not going to assume anything other than what appears to be a condescending statement, forgive me if I’m wrong, just taking it at face value,,, but cost dollar average is exactly what Warren Buffet & all great investors do, constantly. But maybe a little historical context is needed. Gold keeps up with inflation, it is NEVER affected by inflation (unlike the fiat dollar), period! Here’s a great example to illustrate that. In the 1920’s, a $20 gold coin bought you a very nice top of the line suit, shoes, hat, and all the accessories, & today that same $20 gold coin will buy you the top of the line, very nice suit, shoes, hat (if you choose), and all the accessories you like. Gold is a savings that protects your money against inflation (it does not lose its value), which thanks to your president is the highest in 30 years. But I could be wrong, you’re not being condescending, just ignorant on how to invest in something you believe in.
I do buy on the dip but I am very mindful that it might not be a dip, but a collapse. Bought big over Thursday through Friday but it could work out for good or ill. The only thing protecting my mental health is that I only buy with money left over after paying my bills and grocery shopping.
Yeah, I try to buy that way too. If we saw the bottom fall out and price dropped 30%, I wouldn't go broke. Cheers!
@@2is1gold "If we saw the bottom fall out and price dropped 30%, I wouldn't
go broke." Neither would I... but I'd probably hurt myself getting more gold! lol
I'm sure everyone here knows much much more than me when it comes to PMs. My thought, with this reset and anything could literally happen at any time...
to buy whenever you have an opportunity. That is, I'd rather lose a few hundred by spending more than I should than to miss any opportunity that could disappear at any moment.
We are in unprecedented times with intro of cbdc ( total control ), power outages, food shortages, and the end of the dollar. Along with more control over what you purchase.
I do understand the concept here, I just feel like we might be running out of time with more people waking up and seeing what's going on?
Thanks for all you do!
Yeah, the edge case of a big fall is something I keep in mind. That's the insurance aspect of gold - I'm willing to pay more for that. Cheers!
Of course it makes sense to buy on the way down. I’m newer and have been hoping for a price drop. I don’t make much so I have to try and take advantage of lower prices.
🤜🤛
@@777trader8 I still haven’t pulled the trigger. Waiting to see what the next trend is, up or down. I don’t foresee gold getting back down to 1,200 to 1,500 but if it does you just try to buy more.
@@777trader8 Money that makes money is an investment. Gold is insurance. Two different things in my book.
@@777trader8 I’ve never done stocks. I’m just looking for a hedge against inflation. Any profit in the years to come would be a bonus.
Well w BRICS announcing there new metals backed currency things will change... dramatically Gold is now a Tier 1 assert just like the Dollar...1st time ever...I have been buying Gold since it was $300 an oz...I held for 10 years and made close to 900k ...stocks are phenomenal however risky...Gold will only go up BRICS just changed the game ..period
A quote from the early-mid 1800's. “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money”-Alexis De Tocqueville. No truer quote and if you believe it too, why not buy the dip, buy the uptick, and buy when you can afford to do so.
@@goldeneye70 I totally agree. In 2, 5, 10 years, I really feel you will not be sorry buying at these prices. Unless, of course, asteroid mining is the new fashion.
Asteroid mining ain’t cheap
@@goldeneye70 well if they did…
I think It’s more like a big bowl, Not quite 💿
@@goldeneye70 🐉🙈🙉🙊
You’re doing it the right way. I tend to care more about the bigger/monthly picture. I’ll buy even if the price is slightly higher.
🤜🤛
I just bought a Gold Eagle and a British Sovereign today and with my curse the price should go even lower tomorrow, so everyone is cleared to buy then. You’re welcome
Ha, thank you!
The best time is when you have some extra cash in your pocket. Usually when people have extra cash its spent on who knows what and its gone if you buy a 1/4 ounce every month in 20 yrs you will have a nice stack.
I'm with you here. 🤜🤛
You always end with "appreciate your time", I want to say thank you as it seems a dying art to show kindness n just those few words helps me see nope, others are still kind as well because lets face it.. it's not common anymore so thanks again!
Hey, thank you. I appreciate that sentiment. Have a good day!
Throw it in a High yield saving account (HYSA) at 4-5% apy than when gold hits bottom buy it! Hold off for now
It’s hard to keep that FOMO at bay when prices start to rise, but I think I’ve finally achieved some discipline. 😂
It’s tough.
been waiting. my budget isn't that great so I have to be more careful.
In general I think it's a good idea to wait and see what happens.
buy now and price drops, you may regret it.
Indeed, I buy when I can. (biweekly, or at least monthly)
Historically, I’ll buy as it drops I save my money for the big purchases in January and the beginning month of summer maybe into July) And downward. Good points, and yes, I agree, I would rather be 100% correct 50% of the time.
Ha!
Love seeing prices drop. Just more opportunity. I'm glad I held off when it was over 2000$ as well. I actually get excited when price drops so I can buy more, as weird as that is to say from someone who holds gold and it's value has just gone down lol
Yeah, feels strange.
"Buying the dip" can always be regarded as a reasonably conservative financial "risk" relative to nearly all other assets, whether they be stocks, real estate, cryptocurrency, etc. and surely compared to holding US dollars/cash. That is one the main attractions of gold, it is very strong and stable over the long term. Only bullion shops should be "flipping" physical gold and silver in the short term, since in their case volume is the key.
Kudos to you and your channel. Really love this format! Soooo much different from the "talking head" format that many YT's use.
Thanks - the stuff on the table is the star. Cheers!
I have mostly bought on the way down, like you. Sometimes, I have bought just to buy, regardless but not usually.
🤜🤛
Tou Over Thinking Buying. I base gold buying on what I think the price will be several years from NOW. Saving $10-$20 bucks matter? When my monthly money I pull out Cash = Pay Myself First, then a monthly buy of gold is some amount. After that pay the monthly Nuts, all in budgets only a few dollers differant. Week latter put the gold in a box shere it sits with a pile of cash & other shinny rocks waiting.
The cash I may spend but the gold is a long hold. All in all there's no wrong way with long holding gold.
Yeah, $10-$20 is never going to force my hand. A drop of $120 / oz, though, is enough to get me excited and wanting to buy more. Cheers!
Best gold to buy here in europe are dukaten. 3.49g of 0.986 (3.44fine)
for about 200€(220$). Difference between selling and purchase price at most dealers are 3-4€, so a premium of about 1,5-2%. They are also at least 100 years old, which is pretty neat.
Sovereigns are better. They also carry numismatic value apart from being the bullion. Also, no CGT if You live in the UK.
Uk(not technically Europe anymore?) what about the Tax?
I suppose that this is a good time to introduce @HansPeter-qy3wl to the concept of “official restrikes”? 😁
Buddy, those ducats that you’re buying sound like a great deal from a bullion perspective, which is what they should be. But you should know that most of those are official restrikes by the Austrian Mint, which has “frozen” the dates on the coins to some year late in the reign of Kaiser Franz Josef. That’s actually intentional, as it helps reduce the incentive for people to hoard coins based on what year they were minted, thereby keeping the coins as close as possible to their spot intrinsic bullion value, and encourages liquidity in the market.
These are all good things for keeping the ducats in their intended role as a bullion trade coin, rather than a collector item. So the odds are that if you bought a ducat this year, it was probably minted… this year. 😁
You can read the yearly mintage statistics for the Austrian Mint’s sales of ducat coins in the Mint’s yearly financial reports.
In short: unless the ducat coins that you’re buying have a date on them that’s explicitly different than the “frozen” date on the bullion restrike ducats, then make sure that you don’t ever pay even a single Euro cent of collector’s premium on them.
Good luck out there, buddy.
Following your lead and continuing to buy steadily
i bought this weekend, best prices in months. Great channel and amazing content. Thanks bud.
Thanks!
Limited income only can afford 1/10 oz per month,when I try to for larger size I blow the money been buying every month for 8 years have a nice stack. We all stack differently.
🤜🤛
Yes, we do, and for many of the same reasons.
I use TA and world news to determine when I buy, I know I know the majority say ta doesn't work with metals. Anyways it has worked pretty well for me, I just put 2 orders in last week.
People struggle to handle their emotions. When people are selling I'm buying, when people are buying I kick my feet up, may pick up a few numismatics
🤜🤛
I personally get more excited when the price is going down rather than up. I want more, and I want a good deal!
🤜🤛
Great video brother thanks for the info have a great week 🥃🥃🥃
Thanks Nate! 🥃
Somebody loves Plato. Some say Augustine was a Platonist. Aquinas, not so much. I started listening to the audiobook The Rublic again, but I prefer A Tale of Two Cities. Loved the Odyssey and the Iliad too.🥰
Regarding gold, I just DCA within my budget. Focusing on 1/10 Kooks now. Working on a tube of 1/10s (including some ASEs and Brits). More than halfway there. I’m betting that when the price pumps, I get my premiums back.
I don’t like math, but I love Excel! Not great at it but it gets my job done!
Buy low, sell high and DCA always.✌🏽
I think if you are in for the long term you should be buying (as long as you can afford it!) I know that purchasing and chasing a price higher gives you immediate validation of your decision but buying on price dips even if you don’t catch the very bottom can be fairly profitable over the longer term.
🤜🤛
Watching your videos always makes me want to buy gold. I like the dark back drops really makes that gold pop
Agreed, I try to buy it when it drops in price…1/20 ths, and 1/10 ths don’t compare to an ounce or more at a time. Again gold is gold, and I’m a collector not a stacker.
Most of us stackers by when the price drops I'm in it for the Long Haul I'm not expecting to get wealthy but in a few years it will definitely pay off the masses by when the price goes up that's when I halt on buying
Gold, silver and the market are fun buying on a downward trend. 2020 was a fun year and led to many anomalies… Keep’em coming.
2020 scarred me, but the bounce was definitely memorable. Cheers!
that's a great way to buy gold... as the price drops from your entry point, just buy more little by little... your average cost drops as you accumulate :)
New to buying gold. You learn a lot and start researching more when the spot dips below what you paid! Lol. How many of us take a peak every couple hours on Kitco for newest pricing? Lol. Fanatics! Lol
Ha, it can suck you in for sure. Cheers!
The evert year summer pull back is great buying opportunity.
Thanks mate. From Australia here. I do find down here that when the spot price of gold drops, so does the Aussie dollar and therefore the price of gold down here makes no real difference due to currency fluctuation. So I tend to buy when the price of gold seems reasonable taking into account, both spot and currency in AUD. Cheers
Cheers!
Agree, best to dollar cost average over time, maybe pull back when there is an obvious "spike" and buy a bit more when there is a sudden tumble. Also - buy as large and low-premium a unit as practical, even if you have to save up a few weeks to a month or more to do so. Finally, don't buy silver, as a rule, looking to convert to gold later - premiums will kill you.
🤜🤛
consistency is what matters in this game
I always try and buy on the way down. On the way up, I try and figure where the peak is going to be and then reset my expectations on where the bottom of the next dip will be.
Good plan.
Premiums aren’t down at my favorite places. I was picking up cheaper in April 😬
Exactly! I was picking up a good bit too!
🤜🤛
Always a good listen.. thanks
🤜🤛
I like your content
Thank you for all that good information!!
Thanks!
If just starting get going. If stacked already, you’ve got options.
Agreed. Good game!
Great advice! I don't own very much, at the moment atleast. I do play with silver tho so I understand the game. I can tell something from watching your video that most probably won't...
I see your eagle up there but I see you have quite a few buffalo rounds. For either gold or silver that coin is the most affordable, so when you sell (when gold is high) you get the most bang for your buck. Awesome video
I don’t know why I ever watch your videos, you talk and talk and I never get any real value, but on the other hand, your lighting is amazing
Maybe I'm dropping subliminal messages in there. Never know.
I pulled the trigger on an AGE Friday evening at spot 1913. Unusual good timing on that one for me.
Nice! I grabbed one a few dollars above you.
I’m also averaging as we go down. It’s painful, but necessary.
🤜🤛
You are correct!!!!
I was only planning on buying a kilo silver coin this weekend because I found a Lunar Rabbit on sale. Then the bullion dealer called me today to ask if I wanted to add a gold bar to my order for spot price. I took that deal!
Nice!
Pay your bills, feed your investment accounts, whatever’s left, take half & buy gold, keep the other half for a rainy day-
Yes. A $2250 high for gold in the next two years is still underperforming. I'm stacking dollars in a 4% savings account, and searching for a more lucrative investment.
Solid plan 🤜🤛
@@robertm2663buy Bitcoin cash
I like that
It's just fun. I'm never concerned about price. Price don't matter when it comes to gold. People are worried about losing money buying gold. The same people will go spend thousands on a car that losses its value by 70% the second you sign. But there not worried losing there.
Totally agree - but boy, that patience is sure hard to come by!
Best time to buy is when it's crashing and everyone is badmouthing it. Haven't bought any this year yet.
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I bought a 1oz gold maple at these mokey hammered prices. Picked up some silver maples as well. Why not I figure, allways adding a small amount at new lows, this month of June 23 is no different.
Nice!
As a new gold buyer I appreciate the info in and tone of your videos especially.
Have you ever passed on a purchase of bullion (eagles or buffalo) due to the quality? How picky are you when it comes to imperfections? I’ve seen you store your bullion coins in capsules, and they look pristine. Do you have more shoddy coins that you own but purposefully don’t highlight in your videos?
I have two Buffalos that look pretty rough and probably have a lot of Eagles that aren’t great. I do pass on some locally. Buying online, it’s not any cheaper to buy older coins these days, so they typically come in perfect condition.
I had 22 empty 10oz silver bar capsules, which motivated me to buy 22 RCM 10oz bars today at 15% over spot. A lot more than I used to pay, but less than most offers around the Net.
Not bad.
I think if you have loads of money to spend on gold at anytime that strategy works but if you dont the key is buying with the lowest premium im sorta new at this but my first 1 oz coin i got at spot on a sale at SD bullion last week
Nice!
I buy more of any asset I believe in on the way down the further it goes the more I try to budget for until I can’t and keep that energy when it starts to rise and just taper off
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If you're a weirdo so am I. I've been holding off buying for most of the year so far until the dip, then I bought. Maybe it will go lower later in the year (or this week) and maybe not. Either way I feel good that I waited for lower prices. Thanks!
Weirdos… we ride 😄
I always buy on the way down. I like 2/1's comment about 10-15%, so am always looking for a nice pullback to buy more gold.
If it falls 10%, that's when I buy, and if it drops another 5% from there, I buy more. Wash, rinse, and repeat as needed. 😀
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@@2is1gold 👍
I've learned just enough now, that i know i don't know sh#t. So i just keep absorbing info from sources that feel right.
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I am still waiting for the dip. My number is still below 1900 preferably 1850. My number may never come. I noticed platinum get close to 900. Platinum may be a better buy. Still waiting on the bus.
$1,850 speaks to me too. Not sure why. Maybe because the 200 day ema is around that number, maybe an ounce is less than $2k after premiums. Maybe somebody hypnotized me. 🤷
@@2is1gold Where I live the premiums are much higher. Hard to swallow.
Yeah, buying going down... great, save some for future drops to a strange point of $1800 or less.
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Everyone should enjoy the dips. Yeah, its annoying getting that text from SD telling me about 2.5% move.
Thank you Sir.
Thank you!
Hello 👋👋
Excellent video as well. Agree 💯 Percent.
Bottom line Gold is store of value, therefore price doesn't matter at least for me.
$1850 is a reasonable price ,good luck brother,road to 150 / oz 😁
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I almost bought at $1850 and I regret not doing so. Interesting that you pick the same number.
My gut told me to buy some gold but I ignored it. C'est la Vie.
Feels good to receive my complete set of King Charles Brittanias today.
I'm looking to buy within the next two weeks. So I'm hoping for sideways action or even a little drop. We'll see.
Always buy on the Dip!!! Haha
Get it! 😄
I actually don`t like buying at record highs or when its dropping. I think for me I buy when price seems stable.
2014 - 2018 was like that for me, but it still felt like a fall since I was paying attention 2011-2013. Cheers!
We bought this month 50/50 AG,AU. Going into a holding pattern till Aug 22 bricks Announcement
You already know my stance...buy. I'm pretty fresh to all this so 1900 is my happy place. Wish I would have started years ago but better late than never! 🤘😎
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Absolutely. My 1st gold buy was at $1186. That seemed high to me at the time but I wanted to start stacking gold. Had to endure "the hairy eyeball"
from my wife on that one. She looked at the 5 1-oz. Eagles and said, "That's a lot of money for such a small package". I assured her that it would not
seem so small in a few years. Good thing I was right on that! lol
@@edb3877 Better lucky than good sometimes...😆
I am still here..as stated many times b4.. I buy when I get enough fiat to get 1 oz...price doesn't matter. The old saying is you can't time the market...just buy babies just buy... (Al Davis ) lol
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I really don’t see a diffrence of 50-100$ as much of a big deal when you just buy an oz at a time. Just keep stacking
I got some more on the drop! Hoping to get some more if prices hold around here.
Nice!
Buy on the way down and buy when morale is dead. You will make the greatest gainz💪🏻💪🏻
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I keep buying on the way down, and it's cheaper than my last purchase again already? Whoa! Nice, except I still need to wait a few more days before buying again. Dragon Fever has me, but I'm moderating the symptoms. Mostly.
There’s a 50 percent chance that the price of gold may go up tomorrow, but I’m 100 percent sure that I want more for the future 😄
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Great videos !!! I love whaching all yours videos keep it up !!!
Thank you!
My pleasure
Good stuff. Best time to buy is when there is blood in the streets. Next best time for me is the second Thursday of the month.
Ha!
I still get FOMO. Dont know why, but when its running up, I want to grab more. When its down and boring, I don't have the urgency. I still buy every month though.
Maybe there is a pill I can take. 🤣
Ha!
Nope, no pills can cure gold fever. Best approach is to get regular treatments, as in buying some from time to time. 😉
I'm not really seeing the physical price move much. I'm waiting on a purchase surprised each day it moves lower.
Same. Premiums at all my dealers have only moved things like $10-$20
"Buy low, sell high, that's my motto!" -- Homer Simpson.
If it works for Homer it works for me.
Wiser words have never been spoken. 😄
@@2is1gold How about Caveat Emptor!? lol
@@2is1gold Of course Homer always got the timing wrong and ended up doing the exact opposite 🤣
Now is a good time to start purchasing
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It would be great if I could always buy at the bottom of a dip, bit I can’t. I am happy if I can buy when the price is dropping. Sure beats buying at a peak
Agreed!
Nothing new here. However, the information is on point.
Ur not the only one, i converted some of my #Bitcoin into #Gold to diversify 💪🏽
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Way down is the way to go🎉
I m always buying. Period.
Your right we are weirdos 😂 definitely love buying when it’s down I get more from my monthly budget around 3-4 Oz more especially if there’s deals too even more silver, gold, platinum and copper.
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I stopped buying. I have been studying and it looks like gold prices will crash. I’m saving fiat currency which is fairly strong and climbing. A triple top for gold indicates rejection and will fall to 1820 maybe even 1720. I’m holding steady. If the BRICS announce a gold backed currency things could change overnight but it won’t last either.
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I like math that leads to more Gold! 😍👍 I had to take college math twice to pass the class, but gold math is much easier.😃
Ha!
Almost 80K!🎉 💪👍
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Always need some gold in portfolio!!’😂😂😂😂😂
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If I can save $200 per coin I do so since the short traders are playing still., and the bankers want to do the same because they are that stingy and buy in bulk., so in closing., if we save with a coin., you know the banks are saving a ton buying in bulk.
When I'm dead & gone I'll let the grandkids worry about price swings . So for now I'll just keep truck'in along
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A lower premium percentage is more enticing to me than the direction.