Look, I'm going to have to frame this and it's going to take up an entire wall. This is a niche sale and it might take me 2 years to sell. Plus the auction will charge me 30% and I'm taking all the risk here. It's worth $40k and I have to make money. Can I give you 15k? Corey comes in, "I can give you 5k if it will help you out man", Chumlee comes in "whoa, is that made of metal?"
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
Single-ply is better and I invest in many precious metals. With single-ply, you can make a whole pillow of toilet paper on your booty without clogging the toilet.
Considering the current market uncertainty, it appears prudent to consider investing in gold or a gold ETF. I'm contemplating allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is enticing, I recognize the importance of maintaining a long-term investment strategy.
Gold is seen as a safe bet during economic ups and downs. But investing in it can be tricky. Some people lose money because they don't understand how it works. So, it's wise to be careful. I suggest talking to a financial advisor who can help you figure out when to buy and sell.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
SONYA LEE MITCHELL is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
hope you become a billionaire and if you do, get all the silver and gold you can, even steel tin, lead, copper, especially lead, as before long paper money will be used for toilet paper and starting fires.
I'm not a billionaire but I do well for myself. I began preparing for retirement at the age of 16 because I didn't want to be working into my golden years. I retired at 44 and am now in my 60s. I worked hard, saved and invested. I tightened my belt and chose not to spend like most do, only what my family needed and if my kids wanted something I made them work for it. Just remember that if you fail to plan then you plan to fail.
People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are very crucial.
That is why I work with John Desmond Heppolette, who introduced me to a better financial community, a validated organization where I learned how investing works and how to invest proficiently, as well as free books, courses, and daily lectures. You also get to meet new people, which was the best decision I ever made..
Yeah for real, John Desmond Heppolette, is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience..
Such a priceless tip. I just discovered his exceptional resume when I made a google research of his full names online. Base on his online resume, he appears knowledgeable and well accredited I drop him a message and book a call session with him! Thanks so much for the information..
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
On this day (March 8th) 20 years ago, the spot price values of those gold coins/bars were: 1oz = $288 5oz = $1,440 10oz = $2,880 1kg = $9,259 Today: 1oz = $1,673 5oz = $8,365 10oz = $16,730 1kg = $53,788 Bonus fact - over the last 20 years, gold has outperformed the S&P 500: S&P 500 = 117% gain Gold = 480% gain To be fair though, in the last 10 years the S&P 500 outperformed gold: 161% vs 49%
@@jackbartlett5460 you're wrong man. The increase in gold prices IS BECAUSE OF the inflation. It's a common misconception that gold fluctuates. Gold is actually fixed. There's a finite amount, so it doesn't move. It's currency that is volatile, which in turn causes gold to rise and dip.
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.
Harlon Turner ha ha. Love it. Personally, i don’t understand why all the trading in precious metals are for. I mean we barely trade paper currency anymore, it’s all digital. I guess guys still like shiny things.
@@420f37 some people do it make money. When you are stuck just collecting some money but not spending it because its your future, silver starts looking pretty nice.
I was selling junk silver the winter of 79-80. A young woman came to me to buy one thousand face value. She told me her father had advised her to do it. Thirty times face value. It was sent to me in five gallon buckets. UPS. I asked her if she was sure she wanted to do this! I pretty much knew what was coming. Within a month it had dropped to about ten times face value. She came back to my home in tears asking if I would buy it back!!!!! For thirty large! I felt awful but what could I do! It still hasn't recovered.
Vincent Conti that story bums me out. My cap for silver is 20 an ounce no matter what. I started buying at 14oz, it just feels rite at that price. 14-20.
It's just mind-blowing to me how he casually has a kilo gold bar resting on the table in front of him, let alone what he has shelved behind. Thanks for the basic facts re-cap!
Nope, that is only true for bars that aren't made of gold. I think under dutch law gold is an investment material....silver, Pd Pt etc are considered industrial goods...thus subject to VAT.
I started buying 1oz gold coins, i got 1 every 2 months been doing it for almost 3 years now and he is totally correct on premiums! 1 oz of coin buys for a lot more than it sells ....
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
3:48 when you come to sell you get spot price on gold or silver unless its collectables, so you won't get a higher return on more highly respected gold manufacturers, you will get the current market value...............
@@morgothbauglir4898 oh ok please educate me on how it works then as I've only been buying and trading in gold for 11 years in purchases upwards of $200,000 a time. I'd love to hear your expert analysis on how if you sell gold you don;t get the fixed gold price of the day (unless it is collectable gold).............I wait to be educated by you.
@@stevenrichardson9880 American silver eagle premiums are at around 40% right now. No one, not even a coin/PM store, would even think of offering spot for them. Even if you consider ASE’s ‘collectible’, other rounds never really go for less than 1-2% over spot, even in bulk or when selling to an LCS. It’s cool that you’re so experienced and I’m sorry to have offended you. If I’m wrong then please explain why and I’ll delete my original comment so as not to misinform people.
@@morgothbauglir4898 "Collectables" or "in demand" gold or silver will always have "premiums" when buying, but when you SELL you get spot (or the fixed price) of the day/hour (as it changes rapidly). Quite simply for the average small buyer there is NO POINT AT ALL buying one brand over another (as the video states) because in terms of gold and silver WEIGHT & PURITY is all that matters, not who manufactured it. I buy gold for groups of small investors (30-50 people put money together) and I buy gold in larger amounts to reduce "PREMIUM" (the amount a gold seller will add onto the spot price to make their cut). Larger amounts = smaller premiums...... Simple really. Now when the person goes to sell their gold they will have to choose wisely based on SPOT PRICE that day and what they paid for it at the PURCHASE TIME SPOT & PREMIUM PAID per weight. The pawn broker/dealer isn't going to say "ah you have APMEX I will give you more than the spot as I like that company" OR "oh you have Perth Mint, I will give you less than spot because I don't like that company". Hence my original comment....... It is slightly more complicated than that if buying large amounts and selling large amounts but my original comment (that you said "it doesn't work like that") is aimed at the smaller individual investor. I will say again, when buying gold or silver for profit/investment as a small investor, don't go for collectables or "in demand/rarer" coins, or choose one manafacturer over another, go for weight. I hope this answers your question as I really can't spend much more time on this matter.
Never been offered more for my silver eagles than my generic rounds. Maybe i was just unlucky but i stick with lowest premium generics and "used" randoms.
I was your typical noob. After surviving the early days of crypto, I decided to move to silver. I'd read somewhere: "Sell your silver when measured in acres, not US dollars." What I couldn't believe was everybody making a big deal of price increases of OMG...pennies over years! I was like, "You're kidding, right...PENNIES??" So I chose a 100 oz Johnson-Matthey bar and I didn't care about the premium. Or the spot price. I was accustomed to crypto going up/down $200 or more in one hour!! LOL. Now I'm glad I have my silver because we're soon likely to see a derivatives bubble burst. And I HODL.
Silver is also obviously cheaper to accumulate over time if you can't really afford gold but one of my rules of thumb that I don't think is ever mentioned in these kinds of videos is that if you do coins the ones with currency attached to them tend to be more collectible and reliable. If you're just buying it for the silver you might as well go for the cheapest most reputable coins to have the highest turnover, hell I would just stick to bars at that point. With bars often being not as collectible as coins and turnover is usually just for the current price of silver it would actually be more liquid than coins because of people selling coins for collectible value.
I pray whoever reads this should become successful. keep l for success. the rich stay rich by spending like the poor and investing why the poor stay poor and be spending like the rich yet not investing. Roar! Invest earn and be successful.
Hyperinflation will only happen if they keep giving it out for a year or longer. The money they gave out is to combat the lack of cash flow. Compared to the monthly cash flow in a normal economy, those few trillion is nothing. It’s literally a drop of lube oil to keep the engine running before the jug of oil is here.
maritimezhang so printing money out of thing air am giving people paper money without and goods or job or nothing being made is good thing? You need good to buy with money. Government is giving people money without economy working. There for stealing mine and your buying power. The more money in circulation the less it’s worth.
@@streetlifetv13 what did i say? i said if this goes on for a long time then there will be hyperinflatioin. As of right now it's a one time payment. Please read what i said.
Was glad you spoke to the liquidity aspect of the bars. However, I was disappointed that you didn't discuss any other concerns such as required federal paperwork or tax considerations when liquidating.
Do people even realise that 1 ounce of gold costs well above £1000 and a lot of people cant purchase those on a regular basis and would be lucky to save enough to buy one of those every year.........my tip is to buy both gold and silver in any form whether it be bars or coins and any denominations is ok. In general you should buy the biggest piece you can afford because you dont pay as much premium on that piece but I know I'm contradicting myself a bit but you should also buy some smaller denominations of gold or silver because if money loses all value or something goes bad with the economy then you can trade smaller pieces of gold and silver to buy things.....its much harder to shift big pieces of gold and silver......because there are not many people that will take your 40k piece of gold and you are stuck with lots of money invested in a hold bar you cant sell. But I still think it's important to vary what you have....small pieces for emergency barter, medium size pieces which you can use for barter if you need to get something a bit more expensive but also if the economy is ok then it is an investment and you arent paying as much premium on it then lastly get some bigger pieces periodically purely as investment pieces.. and if the worlds economy goes bad then I suppose you still have the option of cutting your big pieces into smaller ones if you ever needed to barter more easily.
you do realize that in shtf situations where society has collapsed.... noone is going to want your gold or silver. id want your food, tools, meds, transportation, gasoline, ammo, weapons, shelter, etc..
@@suchgr8hieghts Societal collapse can mean a lot of things. Hyperinflation is, at the very least, a precursor to societal collapse and gold and silver are a viable option in that situation.
Nah it all sort of works out even. Anytime i sold any PM regardless of where I went, they all engaged in the same process. Beginning with a quick eye inspection to get a general impression followed by a more detailed analysis but nothing crazy. Then they weigh it. That's it. Then depending on what the spot price is for that particular day that's what you will get paid minus a few dollars per ounce. Dealers really don't care where the metal was produced, so long as its Authentic silver, gold, platinum etc. All the way through and through. This is why I only buy .999 or higher. Makes things less complicated during resale time.
@@jayyyzeee6409 I know you were joking however it doesn't matter if it's real or fakeyou must be your own banker be your own lawyer be your own doctor to properly manage your own estate as a man not as a child for children need help of others were as men and women handle it themselves. No one will save you from yourself, Christ will save your soul but you are responsible for everything else I do get the vibe that you are prepared however I write this for those reading this that are not.
I just wanted him to clink the shit together the whollle time...I just want to hear the clinky noises it makes.....I’d do it myself but those are expensive clinkers!!!
Idk where this vault is or anything about this guy but it’s awesome to see that much gold and silver in one place. My collection consists of one silver coin. 1 oz lol.
Actually, I've just started thinking about this whole "stacking" philosophy, and it occurs to me that "junk" silver is probably best in the event of a SHTF event, because it is both instantly recognizable as "money" AND as "weight," whereas bars and rounds MIGHT be fake. Faking a MINTED US coin is exponentially more difficult and literally is not worth the effort. I can see "swapping" a "junk" silver dime or quarter for lunch or some ammo, but rounds or bars may be a little harder to establish a fair "trade" value for . . . assuming they are real, of course.
You have a strong point. I'm only 17 I have a lifetime to invest capital wisely and grow the economy via hiring people and paying them as well as I can afford too.
@@cmdrlucas6949 Whatteryou, communist? You're supposed to pay workers as little as possible what for to teach them the lesson that you are the boss and they are the servlings. That's how it's works in the land of the freedom, boy! You start paying these servlings more than you have to you go and ruin it for the rest of us bosses who don't want no uppity workers pointing fingers at YOUR spoiled labor units claiming they have some sort of right to that from ME! You understand?
world goes to shit = silver not having a purpose other then money just like nearly every metal on the planet. If it is a bad situation, lots of people will struggle to survive, which when people are dying from lack of, lack of is a perfect currency. Lets say lack of is water. Water supply goes down fast. If you can be confident you have not only enough water for yourself and anyone else you keep with you, trading it for say guns would be quite easy. Someone dying from lack of water will look at silver and find no use for it unless its been set up as a common currency for the region which presumably will have a small level of infrastructure where whoever it was can go get water. This goes same with food, and new cloths would probably be in a pretty good demand.
@@cmdrlucas6949 Um no you have the "success" formula all wrong. It's exploit your workers as much as possible, pay them a wage that wasn't "livable" 40 years ago, ($10 an hour? $12?) and then threaten them with a "migrant" replacement worker if they complain, at all. Of course, you will burn in Hell for this, but while your body lives you will eat well.
I’m watching this at the peak of 2020 Coronavirus. I have toilet paper in my vault right now and it would appear that it’s more of a commodity than both Gold or Silver.
I got you beat by, hand sanitizers and face masks, ha! But we should work together, I'll have my people call your people, that way we can corner the global market :-p
4 года назад+9
I saw some asshole from a certain foreign country that eats bats, selling *one* paper mask on Amazon for $189. He had twenty of them. I contacted him through Amazon and "thanked" him for his compassion. The next day, he only had 15 and had raised the price to $239. I suspect he still had the 20 and was trying to convince people that others were actually stupid enough to pay that much, but who really knows? I'm a prepper and was smart enough to buy 25 for myself before everyone starting panicking over them. If I knew someone who needed one, I'd just give it to them, FFS.
@ That's insane, but some poor smuck will buy one or all of them, due to desperation. I'm not a prepper as such, but I always have plenty of long shelf-life foods, all I did was just buy a little extra. But the way that people have been getting into physical fights over toilet paper, is just nuts.
4 года назад+5
@@lowpinglag That's exactly right. Non-perishable items that you use all the time should be bought in bulk to save money, and to give you a little cushion if something like this ever happens. If you just buy a little extra of the important things every time and stash it away, you never have to worry about running out. Having a freezer is nice too, but there's always the chance the power will go out. Most canned food will last a good ten years.
I repeat. Metals should not be viewed as an investment. Metals are considered a financial hedge against inflation. Using the word investment is no bueno. Chances of getting rich quick like an investment on metals is unlikely. But converting Fiat into metals to save for long periods of time will protect you as the dollar gets weaker.
Metals are definitely an investment as well as insurance. After the financial reset it will be self evident. I am putting an amount of Fiat currency into metals today to gain much more value later. I hear this all the time. I suspect it's to get people into the stock market. After all if people just invest in and sit on gold and silver there is no investment for paper assets. The elite are very afraid of this.
@@mysterybuyer3738 I don't like the stock market, crypto or Fiat. As the purchasing power of the dollar gets weaker, your metals don't. The metals retain there value Wich has been proven for thousands of years. 1 hamburger in 1985 cost $1.00, that same hamburger today cost 6+ dollars. Pretend the metal is the burger. It's purchasing power stands the same. But 35+ years later it requires more dollars to get that same silver hamburger.
no real investment gets your rich quick, unless you are lucky and buy at the start of a bull run and sell close to the top. Silver being undervalued meaning it's relative strength to gold, is exactly why it is considered and investment for the day when you get the ratio to collapse back to 1/2 what it is now. Gives you twice as much gold per silver. This is the definition of an invest-able item, also of course hedge against fiat at the same time
@@stasyszy I'm not disagreeing with you. But tis an abundance of investments that have made millionaires over night. Tonight someone made a million promissory notes. I do agree that you can make a profit on metals. But it won't be today. It won't be tomorrow. It will have been decades before you see the money you've "invested" quadruple. Then when you get that money. It's purchasing power will be so weak that you will only be able to buy the same amount of stuff as when you bought metals in the first place. But instead of saving cash that loses value over decades the metal does not. It's the best way to save for your future. If you make a bunch of purchasing power off metals then You sir have beat the complete Fiat and metals system.
Preservation of wealth. If you've invested anything in metals. It's your time, patience and commitment. Maybe some self discipline.. I have alot and I have alot more to go lol
I fancy myself for having near 800 coins then you come along and flash your warehouse. Lol I'm just a small fish in a big sea. But I did gain a lot from this video thanks
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
@@peterbedley2719 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.
@@rightwingnucleararmedaussi1544 For someone like me on a tight budget, a 1 gram bar is a good way to start collecting precious metal. And true, it is cute. Makes for a nice gift too that doesnt break the bank.
With regards to premium, this video did not mention the difference in premium between minted bars and cast bars. Rule of thumb, cast bars have the lowest premium.
Great video but I wanted to run one thing by you. People buy both gold and silver in forms that are less than an ounce for investment on purpose. No these are not just gifts or whatever you want to call them it is strategic. In the future when metals have huge values we need the ability to make change. Also the smaller denominations will be in higher demand as more people have the assets to trade for it. A one ounce gold coin is a bit much for the majority of transactions.
Mystery Buyer Yeah, once hyperinflation kicks in you’ll be wishing for more for 1/10 oz coins instead of 1 oz coins if you didn’t diversify your stack.
@@brawldevil1585 Yeah in silver I like to buy Mercury dimes for fractional and in gold I like anything Perth Mint 1/10th or 1/4 ounce. Always trying to keep one step ahead.
First there's hyper inflation then the financial reset. I feel silver will be above all else. Hyper inflation in energy will make it nearly impossible to mine economically. Then you just have your regular scarcity of silver above ground available for investment. It's a perfect storm.
Hi Mystery Buyer, yes, of course people buy smaller denominations, and I have nothing against that idea. But at the premiums they charge for smaller denominations, it starts to become less of an investment piece and more to satisfy another need.
*"Precious Metal Dealer"? If a person is purchasing precious metal for the long term preservation of wealth then everything you said is true. But if a person expects to "spend" it in some way after an economic collapse, unless a seller is skilled &or has the tools to authenticate bars, ingots, etc, coins will be more easily recognizable & trusted by the dumb masses if at all accepted.*
Sorry I avoid bars due to counterfeiting, I have heard of Tungston filled gold bars, why not fake silver. I like coins due to the size, not too likely to be worth faking. (I hope,....LOL)
I think determining what you buy, is decided by how you want to liquidate. If you need to do it a bit at a time, then clearly smaller units are more beneficial...
Good question. Not necessary when handling bullion, as it doesn't effect the value. But if you're handling a rare coin or graded coin, it would be a good precaution.
Just started investing in silver, this is good information to have! So far I have 2 ASE, one junk coin (JFK 64) and a 1978 Rouble from the USSR. I am looking to start stacking bars
I have a couple of JM 100-oz bars, and I have been having a difficult time trying to find someone who will buy them. When I needed to turn over some silver eagles, it was a snap. I am sticking with my eagles from now on for this reason.
I think brand importance is secondary to the outlet chosen to liquidate. I don’t want to have to ‘sell’ a brand to an LCS who is buying against their own hedges. Let eBay and the true market decide and premiums are negligible.
I used to have an affliction with US 90% pre-1965 silver quarters, dimes and halves - especially uncirculated stuff. Over the years I sold off much of it, but to this day I still have a couple rolls of uncirculated stuff that I bust out from time to time to stare at. It’s a rush. Also used to buy 1/10oz Maple Leafs and Kugerrands (sp) but ended up selling them off, which I don’t mind. I made money off it.
A lot of counterfeiting going around , I assumed that bars would have to be assayed before selling unless being held in storage by the purchasing dealer and sold back to him ?
I don't know, @@salyerbrandon. I spent a bunch of my IRA savings on gold and silver and had them ship it to a vault company specified by my new IRA company. It's in the vault. And the supplier has no connection to the vault. I own it, but I don't hold it. Should I have bought it all after-tax and stored it in my basement? (Edit: Oops. "IRA", not "401K".)
@@KenJackson_US I personally would never let any company or person hold my wealth. What is to stop the government placing a law that they need your wealth and then hijacking these places. History man, History.
Mate, thank you so much for your insight on this topic. Finally, someone that explains this topic in a fantastic and easy to understand way. Thanks again mate! Keep up the great work!. Cheers Michael
George the Victorious also considered this topic on the example of Russian silver bullion and silver ounce coins, they are minted annually in Russia. the topic is relevant
@@frankmarsha1004 I too I really to wanna start buy I got Discouraged with the rise and fall of Bitcoin I don't know if it's still a nice idea to start now and what's Platform is recommended
Thanks on the tip of being able to liquidate your bars fairly easily. Bars and rounds were the first thing I bought recognizing the lower premiums but later heard they can be harder to sell when the time comes. I had switched to primarily silver eagles for a while with the exception of some bars and rounds with designs I just think are cool. Will consider picking up some higher weight bars with this knowledge in hand.
The people pushing gold and silver live off the ridiculous premiums and assaying fees - it is a suckers market. Phony gold will be a problem is the system crashes. Who is going to test it (and what will they charge you!) with reliability when cities are burning?
This info was very helpful as I am about to get started in investing in precious metals and didn't know if coins were better than bars. Thank you for sharing!
My birth father...who I didn't know.....smelted silver in late 78. He took in everyone's silver I Cali. And took the vig. 600k in one year. Thanks to the Hunt Brothers
Great video. I love vintage POURED silver. I open them and unbox on my channel Love hose bars. Tangible assets alternative from stocks! Physicals are awesome I was curious are there any known central banks that hold silver or platinum???
@@rubenromero793 so why don't you all Americans revolt it started because if you and you are the citizen of that country the next generations would curse you and also wars etc may happen
Coins do have one advantage though : should ever the economy collapse and you need to spend on a daily basis, nobody will give you change on a one kilo gold bar... Maybe buying a house, but forget your groceries. Whereas 1 ounce silver, that's a coin you will be able to get gas and food for...
Thomas Rebotier , get to know your local coin/pm dealer...you will find that they will be very happy to buy any size of bar available.... my local guy can even split and assay them.
That's why you invest in all invest in all sizes of precious metals...I don't want a grocery store to cut up my ten oz bar when I could have given them 3 one ounce bars
4 года назад
Exactly, but silver is bulky and gets heavy in a hurry. If you do any serious stacking, it won't be long before you need a forklift.
4 года назад
@Timothy Baker The problem with that is people would be reluctant to barter for them if they weren't easily verified as pure silver of a known weight like American Eagles or similar production rounds. I see hand poured bars sometimes, but I'm not even tempted to buy them.
Rick from Pawn Stars: Best I can do is $10, and I'm taking a huge risk here.
@@profesor_who Rick ist eine dumbkolf.
“I know a guy that knows all about this stuff, hang on while I get him down here..”
@@krisbailey7160 nice!
Rick is an ass.
Look, I'm going to have to frame this and it's going to take up an entire wall. This is a niche sale and it might take me 2 years to sell. Plus the auction will charge me 30% and I'm taking all the risk here. It's worth $40k and I have to make money. Can I give you 15k? Corey comes in, "I can give you 5k if it will help you out man", Chumlee comes in "whoa, is that made of metal?"
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
A woman who has invest knowledge is rare
Why am I watching this? I can barely afford 2-ply.
I can BARELY afford my utility bill and i'm watching this.
Why was this suggested to me?
Single-ply is better and I invest in many precious metals. With single-ply, you can make a whole pillow of toilet paper on your booty without clogging the toilet.
@@EhurtAfy Or you can just use water like the rest of us civilized people.
What a luxury.
Considering the current market uncertainty, it appears prudent to consider investing in gold or a gold ETF. I'm contemplating allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is enticing, I recognize the importance of maintaining a long-term investment strategy.
Gold is seen as a safe bet during economic ups and downs. But investing in it can be tricky. Some people lose money because they don't understand how it works. So, it's wise to be careful. I suggest talking to a financial advisor who can help you figure out when to buy and sell.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.
SONYA LEE MITCHELL is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
I'm broke, of course, but I'm watching this to be prepared in case I've become a billionaire. I don't want to be caught off guard.
You mean a bullionaire hehehe
Buy silver, it's a real bargin right now! Spot Price is around $15, with the cost to buy 1 oz bars at 20$. Pretty cheap to get a bunch
hope you become a billionaire and if you do, get all the silver and gold you can, even steel tin, lead, copper, especially lead, as before long paper money will be used for toilet paper and starting fires.
I'm not a billionaire but I do well for myself. I began preparing for retirement at the age of 16 because I didn't want to be working into my golden years. I retired at 44 and am now in my 60s. I worked hard, saved and invested. I tightened my belt and chose not to spend like most do, only what my family needed and if my kids wanted something I made them work for it. Just remember that if you fail to plan then you plan to fail.
@@willwade1101 hey! what field did you work in? sounds like you have a real strongwork ethic!
People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
I find gold investment reliable and aim to buy more to recover losses. Silver is also a good investment but differs from my collectibles. Clear investment goals and education are very crucial.
That is why I work with John Desmond Heppolette, who introduced me to a better financial community, a validated organization where I learned how investing works and how to invest proficiently, as well as free books, courses, and daily lectures. You also get to meet new people, which was the best decision I ever made..
Yeah for real, John Desmond Heppolette, is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience..
Such a priceless tip. I just discovered his exceptional resume when I made a google research of his full names online. Base on his online resume, he appears knowledgeable and well accredited I drop him a message and book a call session with him! Thanks so much for the information..
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
Assets that can make one successful in life
I.Crypto
2.Stocks
3.Shores
It's not ignorance but unprofessional broker in the market....
Investing in cryptocurrency now will be the best thing to do especially with the current rise in the market....
people are really making a lot of money from it..
On this day (March 8th) 20 years ago, the spot price values of those gold coins/bars were:
1oz = $288
5oz = $1,440
10oz = $2,880
1kg = $9,259
Today:
1oz = $1,673
5oz = $8,365
10oz = $16,730
1kg = $53,788
Bonus fact - over the last 20 years, gold has outperformed the S&P 500:
S&P 500 = 117% gain
Gold = 480% gain
To be fair though, in the last 10 years the S&P 500 outperformed gold: 161% vs 49%
Interesting thx
That one ounce of gold, factoring for inflation March 2000-2020, is $434.21!
@@jackbartlett5460 you're wrong man. The increase in gold prices IS BECAUSE OF the inflation. It's a common misconception that gold fluctuates. Gold is actually fixed. There's a finite amount, so it doesn't move. It's currency that is volatile, which in turn causes gold to rise and dip.
@@b2themfeto INFLATED value of the original (purchase) price.
Best comment, how do u think btc will do over the next 20 years.
I bought a silver bar back in 2000, 10 oz for $60, back then it was about $5-$6 an OZ, Sold it in 2015 when silver was super high for almost $300
Don't you wish you had waited till now here in 2022.
@@GlockMan70 huh silver now is $25 an Oz X 10 OZ its only $250 now at current 2022 prices.... ummm yeah math must be hard for you
@@joesmith201212 I think he means that silver might make a run for it in a near (year or so) future. You know, inflation, war, etc.
@@GainsGoblin well doves might fly outta my ass let's prepare for that too... It's fun to imagine things
@@joesmith201212 (you)
That is the biggest silver bar I've seen
Me too
someone sold a similar size on pawn star
crypto lite its the same
Block*
Would be a fine anvil. 😚
There's a few dollars sitting on that shelf ...
1+5+10+32 = 48 oz
48 x 1550 us$ = ~ 75 grand for those 4 items.
silver = 1+10+100+1000 = 1111oz
20.25x1111 = *22,500 ish
total almost $100,000
addendum:
oh yeah, I see what you mean (behind him)
@@hugosmith6776 Yeah, if you're talking about the gold behind him, it appears to be Kilo bars, 35 of them.
35 x 32 x 1500 = $1,680,000
@@smileychess true
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
That is true, you need an expert trader to make good profit from cryptocurrency trade
And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.
How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.
💯💯💯
I know these are silver and gold but I cant stop seeing them as chocolate bars that I can eat.
Harlon Turner ha ha. Love it. Personally, i don’t understand why all the trading in precious metals are for. I mean we barely trade paper currency anymore, it’s all digital. I guess guys still like shiny things.
@@kbflorida888
You know these properties have functionality right? Gold is a metal conductor used in computers an silver has a ton of uses.
Someone has watched "Charlie and the Chocolate Factory" too many times :P
@@cydra-evolution5623 people investing in luxury metals have no need or intent on using it for practical purposes
@@420f37 some people do it make money. When you are stuck just collecting some money but not spending it because its your future, silver starts looking pretty nice.
Fact: buy what u can afford and u will never go wrong with precious metals
Another fact he needs to wear gloves when handling collectables coin ir bullion
Never say never. I still have some silver purchased in 79 when silver reached $50 an ounce!
I was selling junk silver the winter of 79-80. A young woman came to me to buy one thousand face value. She told me her father had advised her to do it. Thirty times face value. It was sent to me in five gallon buckets. UPS. I asked her if she was sure she wanted to do this! I pretty much knew what was coming. Within a month it had dropped to about ten times face value. She came back to my home in tears asking if I would buy it back!!!!! For thirty large! I felt awful but what could I do! It still hasn't recovered.
Vincent Conti that story bums me out. My cap for silver is 20 an ounce no matter what. I started buying at 14oz, it just feels rite at that price. 14-20.
or not.
It's just mind-blowing to me how he casually has a kilo gold bar resting on the table in front of him, let alone what he has shelved behind. Thanks for the basic facts re-cap!
I mean he doesn't own all the gold. He might own or work for the store or company.
Here in Holland buying coins are tax free. Buying bars costs 21% tax.
Wtf why?
Nope, that is only true for bars that aren't made of gold.
I think under dutch law gold is an investment material....silver, Pd Pt etc are considered industrial goods...thus subject to VAT.
Similarly, Coins that aren't gold are subject to VAT over the sellers profit.
We have a similar law in Florida, if it has a face value, you don't pay tax, if it doesn't then they can tax it.
They can't tax what they don't know about ;)
[For legal reasons, this is a joke.]
I question the purity of that kilo bar... you might want to send it to me and I'll check it for you 😉
I’m here watching the entire video while having $2.58 my bank account 😂
My account is negative right now, enjoy that 2.58🤣😂
knowledge is power, learn and excel.
Loser
@@teachpeace3694 why dont you look for a job instead of being on here......you have enough money to own a phone or computer to come on here
Yeah, but think of all the interest you're making on that $2.58.
I started buying 1oz gold coins, i got 1 every 2 months been doing it for almost 3 years now and he is totally correct on premiums! 1 oz of coin buys for a lot more than it sells ....
Id like a few hours alone in that room.
😂😂😂
I only need few minutes
your gonna need a big truck. :-))
@@ludwig4 yes just take some killo gold bars🤣😂🤣😂
Your rear cavity must be deep and wide
Bitcoin is the best coin to hodl
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
I will advice you should
stop trading on your own if you keep losing and start trading with Mrs Laura Morganna trading services
I lost £1200 carelessly trading on a
platform then I was referred to Mrs Laura Morganna she recovered the loss and made an extra profit of £4600
@@davidmolly545 Wow I'm just shock you mentioned and recommended Expert Mrs Laura I thought I'm the only trading with her
3:48 when you come to sell you get spot price on gold or silver unless its collectables, so you won't get a higher return on more highly respected gold manufacturers, you will get the current market value...............
Unless you sell them in a auction online hahaga
Not how it works at all.
@@morgothbauglir4898 oh ok please educate me on how it works then as I've only been buying and trading in gold for 11 years in purchases upwards of $200,000 a time. I'd love to hear your expert analysis on how if you sell gold you don;t get the fixed gold price of the day (unless it is collectable gold).............I wait to be educated by you.
@@stevenrichardson9880 American silver eagle premiums are at around 40% right now. No one, not even a coin/PM store, would even think of offering spot for them. Even if you consider ASE’s ‘collectible’, other rounds never really go for less than 1-2% over spot, even in bulk or when selling to an LCS. It’s cool that you’re so experienced and I’m sorry to have offended you. If I’m wrong then please explain why and I’ll delete my original comment so as not to misinform people.
@@morgothbauglir4898 "Collectables" or "in demand" gold or silver will always have "premiums" when buying, but when you SELL you get spot (or the fixed price) of the day/hour (as it changes rapidly).
Quite simply for the average small buyer there is NO POINT AT ALL buying one brand over another (as the video states) because in terms of gold and silver WEIGHT & PURITY is all that matters, not who manufactured it.
I buy gold for groups of small investors (30-50 people put money together) and I buy gold in larger amounts to reduce "PREMIUM" (the amount a gold seller will add onto the spot price to make their cut).
Larger amounts = smaller premiums......
Simple really.
Now when the person goes to sell their gold they will have to choose wisely based on SPOT PRICE that day and what they paid for it at the PURCHASE TIME SPOT & PREMIUM PAID per weight.
The pawn broker/dealer isn't going to say "ah you have APMEX I will give you more than the spot as I like that company" OR "oh you have Perth Mint, I will give you less than spot because I don't like that company".
Hence my original comment.......
It is slightly more complicated than that if buying large amounts and selling large amounts but my original comment (that you said "it doesn't work like that") is aimed at the smaller individual investor.
I will say again, when buying gold or silver for profit/investment as a small investor, don't go for collectables or "in demand/rarer" coins, or choose one manafacturer over another, go for weight.
I hope this answers your question as I really can't spend much more time on this matter.
I'm broke and new to this, but I'd find coinage to be more useful for smaller transactions than bars in a currency disruption situation.
Do you want to know more about crypto, this is a great opportunity for you. Let’s talk now if you’re interested.👆
I wish the vault was a closet at my house.
No closet. Big ol' ass safe. lol
soon brother very soon
Well, Make it so.
Every day of my life I always regretted my reason for selling my bitcoins 8yrs ago.
See how much its worth now.
You have to be calm dude.
No one ever knew it would get this high.
@@craigpolk5890 Yeah. True you have a point.
Crypto is the future, trading crypto has
become a lucrative way of making money
If I had known would have exchanged my wife for some bitcoins.
@@jeremycobie2577 Do you trade by yourself?
After watching this I realize now that my entire working life didn't amount to Jack Squat!
Very obvious young man
How many years did you work?
What makes you write this comment?
Welcome to the American way!
At least you aren’t livin’ in a van down by the river...
Never been offered more for my silver eagles than my generic rounds. Maybe i was just unlucky but i stick with lowest premium generics and "used" randoms.
lol ASE premiums are over 40% right now.
Do you want to know more about crypto currency investments ? this is a great opportunity for you. Let’s talk now if you’re interested.👆👆
Imagine launching that huge brick of silver at someone
Lifeless I’d like to launch it right into my closet.
They way your mind works is fascinating.
75lb bar I'd be impressed if they threw it at all.
Hilarious
I heard of a fellow that wrapped 500' of weld lead around himself, he passed out before he got out the gate of the factory he was stealing from.
I also appreciate this video
This is exactly what I need as motivation.
When you invest you're buying a day you don't have to work.
Assets that can make you rich
Bitcoin
Stocks
Real estate
You're right sir, it's obvious a lot of people remain poor due to ignorance
It's better to take risk and make sacrifices than to remain poor.
It's not ignorance but due to some unprofessional expert in the market.
I prefer smaller weights these days for silver, 10oz and below. Have a stack for each occasion.
the apocalypse wont happen in your lifetime lol
I was your typical noob. After surviving the early days of crypto, I decided to move to silver. I'd read somewhere: "Sell your silver when measured in acres, not US dollars." What I couldn't believe was everybody making a big deal of price increases of OMG...pennies over years! I was like, "You're kidding, right...PENNIES??" So I chose a 100 oz Johnson-Matthey bar and I didn't care about the premium. Or the spot price. I was accustomed to crypto going up/down $200 or more in one hour!! LOL. Now I'm glad I have my silver because we're soon likely to see a derivatives bubble burst. And I HODL.
Silver is also obviously cheaper to accumulate over time if you can't really afford gold but one of my rules of thumb that I don't think is ever mentioned in these kinds of videos is that if you do coins the ones with currency attached to them tend to be more collectible and reliable. If you're just buying it for the silver you might as well go for the cheapest most reputable coins to have the highest turnover, hell I would just stick to bars at that point. With bars often being not as collectible as coins and turnover is usually just for the current price of silver it would actually be more liquid than coins because of people selling coins for collectible value.
Anyone Need Accounts Services, Payment Handle All Over World , Transaction Services we Manage ?
I pray whoever reads this should become successful. keep l for success. the rich stay rich by spending like the poor and investing why the poor stay poor and be spending like the rich yet not investing. Roar! Invest earn and be successful.
Assets that can make you rich!
I.Crypto
2.Stocks
3.Shores
You are right sir
But I don't know why people remain poor due ignorance
It's not ignorance but unprofessional broker in the market
Wow. I'm not a believer in stacking silver bars, but now I might buy some. My stack is all coins!
Bro silver is the shit believe me
@@arabianeyes I bet you said that to deprive people from buying it :)
@@maltrhythm105 huh? I meant its the real deal bro thats the shiiiiit😃😃
When trump gives you the stimulus checks and you don’t need them buy gold or Silverman hold onto it. Massive hyperinflation coming to the US dollar
Invest in a quality hand gun if it gets bad. You won't be bothered.
Hyperinflation will only happen if they keep giving it out for a year or longer. The money they gave out is to combat the lack of cash flow. Compared to the monthly cash flow in a normal economy, those few trillion is nothing. It’s literally a drop of lube oil to keep the engine running before the jug of oil is here.
You have to find some available first!
maritimezhang so printing money out of thing air am giving people paper money without and goods or job or nothing being made is good thing? You need good to buy with money. Government is giving people money without economy working. There for stealing mine and your buying power. The more money in circulation the less it’s worth.
@@streetlifetv13 what did i say? i said if this goes on for a long time then there will be hyperinflatioin. As of right now it's a one time payment. Please read what i said.
Pre- 1965 silver coins seem to be the better investment from the last things he mentioned
Do you want to know more about crypto, this is a great opportunity for you. Let’s talk now if you’re interested.👆👆
How much is a single one worth?
Was glad you spoke to the liquidity aspect of the bars. However, I was disappointed that you didn't discuss any other concerns such as required federal paperwork or tax considerations when liquidating.
I was thinking the same. Cash in small amounts and avoid paying taxes. Or walk in with a bar and get slammed by the IRS
Do people even realise that 1 ounce of gold costs well above £1000 and a lot of people cant purchase those on a regular basis and would be lucky to save enough to buy one of those every year.........my tip is to buy both gold and silver in any form whether it be bars or coins and any denominations is ok. In general you should buy the biggest piece you can afford because you dont pay as much premium on that piece but I know I'm contradicting myself a bit but you should also buy some smaller denominations of gold or silver because if money loses all value or something goes bad with the economy then you can trade smaller pieces of gold and silver to buy things.....its much harder to shift big pieces of gold and silver......because there are not many people that will take your 40k piece of gold and you are stuck with lots of money invested in a hold bar you cant sell. But I still think it's important to vary what you have....small pieces for emergency barter, medium size pieces which you can use for barter if you need to get something a bit more expensive but also if the economy is ok then it is an investment and you arent paying as much premium on it then lastly get some bigger pieces periodically purely as investment pieces.. and if the worlds economy goes bad then I suppose you still have the option of cutting your big pieces into smaller ones if you ever needed to barter more easily.
if economy and society goes bad and money is useless, why would anyone want your gold or silver? pple will want food and weapons
you do realize that in shtf situations where society has collapsed.... noone is going to want your gold or silver. id want your food, tools, meds, transportation, gasoline, ammo, weapons, shelter, etc..
@@suchgr8hieghts Societal collapse can mean a lot of things. Hyperinflation is, at the very least, a precursor to societal collapse and gold and silver are a viable option in that situation.
This was very educational. And i really appreciate the work and time by you and your team putting this together.
Best education you will have about fake money
5000 year-old fake money, right... FIAT is temporary, Gold is forever.
Do you want to know more about crypto, this is a great opportunity for you. Let’s talk now if you’re interested.👆
Nah it all sort of works out even. Anytime i sold any PM regardless of where I went, they all engaged in the same process. Beginning with a quick eye inspection to get a general impression followed by a more detailed analysis but nothing crazy. Then they weigh it. That's it. Then depending on what the spot price is for that particular day that's what you will get paid minus a few dollars per ounce. Dealers really don't care where the metal was produced, so long as its Authentic silver, gold, platinum etc. All the way through and through. This is why I only buy .999 or higher. Makes things less complicated during resale time.
Sad more gold in that vault than in fort knox
Lol
Wow, you're not satisfied with the last audit from over 60 years ago or that publicity stunt from over 40 years ago?
@@jayyyzeee6409 no only I am responsible for myself .
@@RobertWilliams-yn8dw I was joking. Nobody is confident the gold is still there because of the lack of audits.
@@jayyyzeee6409 I know you were joking however it doesn't matter if it's real or fakeyou must be your own banker be your own lawyer be your own doctor to properly manage your own estate as a man not as a child for children need help of others were as men and women handle it themselves. No one will save you from yourself, Christ will save your soul but you are responsible for everything else
I do get the vibe that you are prepared however I write this for those reading this that are not.
"Chain of integrity" that shit's deep!
I just wanted him to clink the shit together the whollle time...I just want to hear the clinky noises it makes.....I’d do it myself but those are expensive clinkers!!!
when they're that big, they dont clink, they chunk kerplunk...
GOLD IS SAFE INVESTMENT THAN CRYPTO
Idk where this vault is or anything about this guy but it’s awesome to see that much gold and silver in one place. My collection consists of one silver coin. 1 oz lol.
Actually, I've just started thinking about this whole "stacking" philosophy, and it occurs to me that "junk" silver is probably best in the event of a SHTF event, because it is both instantly recognizable as "money" AND as "weight," whereas bars and rounds MIGHT be fake. Faking a MINTED US coin is exponentially more difficult and literally is not worth the effort.
I can see "swapping" a "junk" silver dime or quarter for lunch or some ammo, but rounds or bars may be a little harder to establish a fair "trade" value for . . . assuming they are real, of course.
You have a strong point. I'm only 17 I have a lifetime to invest capital wisely and grow the economy via hiring people and paying them as well as I can afford too.
right, it would be nice if our government would do something useful as far as producing bars with similar traits...
@@cmdrlucas6949 Whatteryou, communist? You're supposed to pay workers as little as possible what for to teach them the lesson that you are the boss and they are the servlings. That's how it's works in the land of the freedom, boy! You start paying these servlings more than you have to you go and ruin it for the rest of us bosses who don't want no uppity workers pointing fingers at YOUR spoiled labor units claiming they have some sort of right to that from ME! You understand?
world goes to shit = silver not having a purpose other then money just like nearly every metal on the planet. If it is a bad situation, lots of people will struggle to survive, which when people are dying from lack of, lack of is a perfect currency. Lets say lack of is water. Water supply goes down fast. If you can be confident you have not only enough water for yourself and anyone else you keep with you, trading it for say guns would be quite easy. Someone dying from lack of water will look at silver and find no use for it unless its been set up as a common currency for the region which presumably will have a small level of infrastructure where whoever it was can go get water. This goes same with food, and new cloths would probably be in a pretty good demand.
@@cmdrlucas6949 Um no you have the "success" formula all wrong. It's exploit your workers as much as possible, pay them a wage that wasn't "livable" 40 years ago, ($10 an hour? $12?) and then threaten them with a "migrant" replacement worker if they complain, at all.
Of course, you will burn in Hell for this, but while your body lives you will eat well.
Which is better Gold or Bitcoin?
Bitcoin has a better short term investment profit Gain
Crypto is the future🏅
Yh investing in crypto is a big chance to make money nowadays
I've got interest in investing but afraid of doing it on my own to avoid loss from my end
@Henry,that's why you need the help of a professional who understands the market at how it works very well.
I’m watching this at the peak of 2020 Coronavirus. I have toilet paper in my vault right now and it would appear that it’s more of a commodity than both Gold or Silver.
I got you beat by, hand sanitizers and face masks, ha!
But we should work together, I'll have my people call your people, that way we can corner the global market :-p
I saw some asshole from a certain foreign country that eats bats, selling *one* paper mask on Amazon for $189. He had twenty of them. I contacted him through Amazon and "thanked" him for his compassion. The next day, he only had 15 and had raised the price to $239. I suspect he still had the 20 and was trying to convince people that others were actually stupid enough to pay that much, but who really knows? I'm a prepper and was smart enough to buy 25 for myself before everyone starting panicking over them. If I knew someone who needed one, I'd just give it to them, FFS.
@ That's insane, but some poor smuck will buy one or all of them, due to desperation. I'm not a prepper as such, but I always have plenty of long shelf-life foods, all I did was just buy a little extra.
But the way that people have been getting into physical fights over toilet paper, is just nuts.
@@lowpinglag That's exactly right. Non-perishable items that you use all the time should be bought in bulk to save money, and to give you a little cushion if something like this ever happens. If you just buy a little extra of the important things every time and stash it away, you never have to worry about running out.
Having a freezer is nice too, but there's always the chance the power will go out. Most canned food will last a good ten years.
Supply and demand my guy
1:49 i didnt even notice the behemous silver block till he pointed at it
1:45 In 3 seconds you see it in his eyes as hes fires into beast mode when thinking about options.
That's like 50kg of gold chilling behind him in those 5 stacks, worth more than 2 million USD...
LOL :D key words "chilling behind" :D
Nenad Kralj waiting to find a new owner
Worthless after the collapse.
Questchaun how’s that?
@@Questchaun Gold never nose dives in value like paper currency.
I shop a lot on Ebay and use my rewards for silver.
Smart. Just be sure you are buying from reputable sellers on Ebay.
Want to buy gold or silver, but everywhere I look online is 8-22% over the spot price. Where do you find this 2-4% over spot prices?
I repeat. Metals should not be viewed as an investment. Metals are considered a financial hedge against inflation. Using the word investment is no bueno. Chances of getting rich quick like an investment on metals is unlikely. But converting Fiat into metals to save for long periods of time will protect you as the dollar gets weaker.
Metals are definitely an investment as well as insurance. After the financial reset it will be self evident.
I am putting an amount of Fiat currency into metals today to gain much more value later.
I hear this all the time. I suspect it's to get people into the stock market. After all if people just invest in and sit on gold and silver there is no investment for paper assets.
The elite are very afraid of this.
@@mysterybuyer3738 I don't like the stock market, crypto or Fiat. As the purchasing power of the dollar gets weaker, your metals don't. The metals retain there value Wich has been proven for thousands of years. 1 hamburger in 1985 cost $1.00, that same hamburger today cost 6+ dollars. Pretend the metal is the burger. It's purchasing power stands the same. But 35+ years later it requires more dollars to get that same silver hamburger.
no real investment gets your rich quick, unless you are lucky and buy at the start of a bull run and sell close to the top. Silver being undervalued meaning it's relative strength to gold, is exactly why it is considered and investment for the day when you get the ratio to collapse back to 1/2 what it is now. Gives you twice as much gold per silver. This is the definition of an invest-able item, also of course hedge against fiat at the same time
@@stasyszy I'm not disagreeing with you. But tis an abundance of investments that have made millionaires over night. Tonight someone made a million promissory notes. I do agree that you can make a profit on metals. But it won't be today. It won't be tomorrow. It will have been decades before you see the money you've "invested" quadruple. Then when you get that money. It's purchasing power will be so weak that you will only be able to buy the same amount of stuff as when you bought metals in the first place. But instead of saving cash that loses value over decades the metal does not. It's the best way to save for your future. If you make a bunch of purchasing power off metals then You sir have beat the complete Fiat and metals system.
Preservation of wealth. If you've invested anything in metals. It's your time, patience and commitment. Maybe some self discipline.. I have alot and I have alot more to go lol
I fancy myself for having near 800 coins then you come along and flash your warehouse. Lol I'm just a small fish in a big sea. But I did gain a lot from this video thanks
Be proud, thats more than your flashy car neighbors...!
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
Yeah! I agree with you sir.
If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
@@peterbedley2719 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.
@@michealdouglas8206 That's very correct sir!!
And that is why most of them end up losing they money to scammers.
Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.
Oh man, this is from REAAALLLY back in the day when maple leafs were only 2.50 over spot, now it's like 7.
Lucky to find 7 over spot....
@@frankkatsaros8600 Also back when silver was 27, now prices on maples have stayed the same and silver is 24!
I love Perth Mint gold bars. I have a 1g bar and recently ordered a 5g bar. Beautiful designs.
A 1 gram bar is so tiny but they are cute I guess.
@@rightwingnucleararmedaussi1544 For someone like me on a tight budget, a 1 gram bar is a good way to start collecting precious metal. And true, it is cute. Makes for a nice gift too that doesnt break the bank.
With regards to premium, this video did not mention the difference in premium between minted bars and cast bars.
Rule of thumb, cast bars have the lowest premium.
Thank You you really enlightened me on this matter. As in I myself do deal with bars vs. coins (rounds).
I bought my first silver coins, but only 2021, since there wasn't a lot of them made. I hold on for another 50 yrs. They were graded perfect...
Great video but I wanted to run one thing by you. People buy both gold and silver in forms that are less than an ounce for investment on purpose.
No these are not just gifts or whatever you want to call them it is strategic. In the future when metals have huge values we need the ability to make change.
Also the smaller denominations will be in higher demand as more people have the assets to trade for it. A one ounce gold coin is a bit much for the majority of transactions.
Mystery Buyer Yeah, once hyperinflation kicks in you’ll be wishing for more for 1/10 oz coins instead of 1 oz coins if you didn’t diversify your stack.
@@brawldevil1585 Yeah in silver I like to buy Mercury dimes for fractional and in gold I like anything Perth Mint 1/10th or 1/4 ounce.
Always trying to keep one step ahead.
First there's hyper inflation then the financial reset. I feel silver will be above all else.
Hyper inflation in energy will make it nearly impossible to mine economically.
Then you just have your regular scarcity of silver above ground available for investment. It's a perfect storm.
Hi Mystery Buyer, yes, of course people buy smaller denominations, and I have nothing against that idea. But at the premiums they charge for smaller denominations, it starts to become less of an investment piece and more to satisfy another need.
@@SWPCayman Depends on how far people think the price or I should say value will go. Even with these premiums, long term I see them as nothing.
*"Precious Metal Dealer"? If a person is purchasing precious metal for the long term preservation of wealth then everything you said is true. But if a person expects to "spend" it in some way after an economic collapse, unless a seller is skilled &or has the tools to authenticate bars, ingots, etc, coins will be more easily recognizable & trusted by the dumb masses if at all accepted.*
Do you want to know more about crypto, this is a great opportunity for you. Let’s talk now if you’re interested.👆
Sorry I avoid bars due to counterfeiting, I have heard of Tungston filled gold bars, why not fake silver. I like coins due to the size, not too likely to be worth faking. (I hope,....LOL)
Just got a 2.5g pure gold bar bullion at 27. Better late than never to start collecting
Coins tend to have more intrinsic value, especially ones that were intended for circulation and not just for collecting.
Do you want to know more about crypto, this is a great opportunity for you. Let’s talk now if you’re interested.👆👆
yo your voice is hellah mellow. It's funny how we can talk about the things we love in such a cool manner.
You should've told the viewers the current spot value of the gold on that table.
It will date the video. It is best for videos that have content to be evergreen.
I think determining what you buy, is decided by how you want to liquidate. If you need to do it a bit at a time, then clearly smaller units are more beneficial...
I watched a RUclips video on counterfeit precious metal bars. I wouldn’t want to risk getting scammed buying a gold covered tungsten bar.
Always buy from a legitimate dealer. eBay etc is full of counterfeit gold
I think if you go to the "coin" store with a .45 auto you probably won't get scammed
What are your thoughts on wearing gloves while handling gold and silver?
Good question. Not necessary when handling bullion, as it doesn't effect the value. But if you're handling a rare coin or graded coin, it would be a good precaution.
Strategic Wealth Preservation - SWP where can I purchase theses coins and bars
@@SWPCayman "affect"
I never touch someone else's gold with my bare hands, but if it's yours... have at it!
This should make strong armor and bring great honor to the tribe, just be sure to leave some, for the younglings.
Ran Dam01 this is the way
@@austinshaffer8137 This is the way
This is the way
Just started investing in silver, this is good information to have! So far I have 2 ASE, one junk coin (JFK 64) and a 1978 Rouble from the USSR. I am looking to start stacking bars
I have a couple of JM 100-oz bars, and I have been having a difficult time trying to find someone who will buy them. When I needed to turn over some silver eagles, it was a snap. I am sticking with my eagles from now on for this reason.
So where better off getting coins if e want to buy silver.I was gunna get a few kilos?
The giant silver Bar cost around $70,000+ while the biggest gold bar here is worth $60,000+
Do you want to know more about crypto currency investments ? this is a great opportunity for you. Let’s talk now if you’re interested.👆👆
I think brand importance is secondary to the outlet chosen to liquidate.
I don’t want to have to ‘sell’ a brand to an LCS who is buying against their own hedges. Let eBay and the true market decide and premiums are negligible.
Depending on distribution areas, buying large bars attract higher transportation costs both ways
Thanks RUclips algorithm for bringing me here.
ravencoin.asset-explorer.net/a/LONDON
Price : £415k
Very informative. It pretty much means anything I buy that is precious is liquidable👍
Thank you Ehren. Yes, all recognizable bullion is liquid. there are many dealers out there that will buy your metal, including SWP.
I used to have an affliction with US 90% pre-1965 silver quarters, dimes and halves - especially uncirculated stuff. Over the years I sold off much of it, but to this day I still have a couple rolls of uncirculated stuff that I bust out from time to time to stare at. It’s a rush. Also used to buy 1/10oz Maple Leafs and Kugerrands (sp) but ended up selling them off, which I don’t mind. I made money off it.
A lot of counterfeiting going around , I assumed that bars would have to be assayed before selling unless being held in storage by the purchasing dealer and sold back to him ?
Good observation. We address testing in Episode Five. You can watch it now on our channel.
Wouldn't it be dangerous to buy from a dealer and let him hold it in his vault? Haven't there been cases of fraud uncovered with that setup?
Ken Jackson, yeah it’s called futures contracts and PM ETF. If you don’t hold it, you don’t own it. Period.
I don't know, @@salyerbrandon. I spent a bunch of my IRA savings on gold and silver and had them ship it to a vault company specified by my new IRA company. It's in the vault. And the supplier has no connection to the vault. I own it, but I don't hold it. Should I have bought it all after-tax and stored it in my basement?
(Edit: Oops. "IRA", not "401K".)
@@KenJackson_US I personally would never let any company or person hold my wealth. What is to stop the government placing a law that they need your wealth and then hijacking these places. History man, History.
Spending tax return on silver bars for the next 5 years
I take my change jars and buy silver. Taxes I get gold lol
I get points back on my card...I take the points and purchase silver with them.
Yup, and all stimulus checks too.
GOLD IS SAFE INVESTMENT THAN CRYPTO
Thank you for sharing your knowledge
This is an EXCELLENT presentation. Everything was clearly and succinctly explained and I learned a couple of things. Thanks!
Glad it was helpful!
@@SWPCaymanwhat websites would you recommend purchasing from for someone who is brand new to precious metals.
Want to have a small bed room in that vault. Just to hang out and look at it all.
Mate, thank you so much for your insight on this topic. Finally, someone that explains this topic in a fantastic and easy to understand way. Thanks again mate! Keep up the great work!.
Cheers
Michael
Anyone Need Accounts Services, Payment Handle All Over World , Transaction Services we Manage ?
George the Victorious also considered this topic on the example of Russian silver bullion and silver ounce coins, they are minted annually in Russia. the topic is relevant
This is Crazy Actually, WOW< Soo Much Gold In One Place, Just WOW, And What A Good Tips, Thanks . Brilliant Video
Buy Silver and crypto
Crpto is the future
Stocks are good but crypto is better
@@marielizzy8437 I wanted to trade crypto but got confused by the fluctuation in price
@@frankmarsha1004 I too I really to wanna start buy I got Discouraged with the rise and fall of Bitcoin
I don't know if it's still a nice idea to start now and what's Platform is recommended
@Muhammad Musa I heard her strategies are really great
Thanks on the tip of being able to liquidate your bars fairly easily. Bars and rounds were the first thing I bought recognizing the lower premiums but later heard they can be harder to sell when the time comes. I had switched to primarily silver eagles for a while with the exception of some bars and rounds with designs I just think are cool. Will consider picking up some higher weight bars with this knowledge in hand.
Thank you Rico, glad you enjoyed. Be sure to subscribe to our channel and enjoy the rest of the videos!
The people pushing gold and silver live off the ridiculous premiums and assaying fees - it is a suckers market. Phony gold will be a problem is the system crashes. Who is going to test it (and what will they charge you!) with reliability when cities are burning?
Anyone Need Accounts Services, Payment Handle All Over World , Transaction Services we Manage ?
Fantastic video. Production quality, script, and length.
This info was very helpful as I am about to get started in investing in precious metals and didn't know if coins were better than bars. Thank you for sharing!
Do you want to know more about crypto, this is a great opportunity for you. Let’s talk now if you’re interested.👆
Anyone Need Accounts Services, Payment Handle All Over World , Transaction Services we Manage ?
I was also hoping to hear more regarding numismatic value of coins and bars in your discussion; otherwise great post!
Where’s this located exactly?
😂🤣😂🤣
Cayman Islands - swpcayman.com
Good-luck with that 🤕💀
Aren't the Cayman Islands Tax Sheltered?
Lol
My birth father...who I didn't know.....smelted silver in late 78. He took in everyone's silver I Cali. And took the vig. 600k in one year. Thanks to the Hunt Brothers
Do you want to know more about crypto currency investments? this is a great opportunity for you. Let’s talk now if you’re interested.👆👆
Great video. I love vintage POURED silver. I open them and unbox on my channel
Love hose bars. Tangible assets alternative from stocks! Physicals are awesome
I was curious are there any known central banks that hold silver or platinum???
Don't know about central banks, but I hear JP Morgan holds vast quantities of silver.
That last silver bar doubles as some great exercise equipment.
I can barely buy aluminum foil. Why the duck is this recommenced.
I have some if you ever needed it for wrapping foods. Well I'm generous. Lol
😂😂😂😂
stop buying cigarettes and junk food and maybe you could
Because he's wants to save your life from fake money
@@rubenromero793 so why don't you all Americans revolt it started because if you and you are the citizen of that country the next generations would curse you and also wars etc may happen
Coins do have one advantage though : should ever the economy collapse and you need to spend on a daily basis, nobody will give you change on a one kilo gold bar... Maybe buying a house, but forget your groceries. Whereas 1 ounce silver, that's a coin you will be able to get gas and food for...
Thomas Rebotier , get to know your local coin/pm dealer...you will find that they will be very happy to buy any size of bar available.... my local guy can even split and assay them.
That's why you invest in all invest in all sizes of precious metals...I don't want a grocery store to cut up my ten oz bar when I could have given them 3 one ounce bars
Exactly, but silver is bulky and gets heavy in a hurry. If you do any serious stacking, it won't be long before you need a forklift.
@Timothy Baker The problem with that is people would be reluctant to barter for them if they weren't easily verified as pure silver of a known weight like American Eagles or similar production rounds. I see hand poured bars sometimes, but I'm not even tempted to buy them.
@Timothy Baker everybody would think you'd have half of it made of lead. Gosh why didnt i thunk about this b4?
Him: Coins worth more, but the bigger the metal, the less you pay for it
Me: Buys 1,000 pound coin :/
I love the sound of silver/gold bars clank with each other, omg, don't tell me I'm the only one