Pay over spot price. Sell under spot price. Pay too much for a pretty coin get a little bit more than spot price back. Rick from pawn stars "the best I can do is $5.00, might be worth something I just can't take that risk" take it or leave. Can't eat, drive or warm yourself with metals.
@@243wayne1 def a con. This guys a dealer. Ohhhh look at all my stacks. Seeds. Are the future. Last forever if you store them as well as your gold n silver. Then I'll sell them seeds to grow there food for gold or silver only. 1/3 of spot !
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?"
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.
I feel the joy of a pile of precious metals coming to us. I give gratitude for the blessings soon to come. I wish for the joy of abundance to flow to ALL. I pray for the good hearts to feel the anticipation of same. I pray for those reading this to add to this vortex of energy to serve us ALL.
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.
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.
@@renasouza8261 I doubt that. The way money is being printed right now hyperinflation is a serious possibility. I can see $5000 per oz gold and $500 per oz silver with the way Trillions of dollars are being made.
Becoming a good trade takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
Starting out with a with a professional that knows the ropes of the choppy but profitable market is the best way to achieve getting a well structured portfolio. That’s why I have been working with ‘HELENE CLAIRE JOHNSON and that doesn’t make me daft because in financial dealings one have to be prudent. Most traders enter exit with a quick 10% profit which is not bad in a general opinion but why not aim higher, it doesn’t necessarily mean to be greedy.
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.
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
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!
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!
@@bryanmower2703 Coins can be bullion as well. The daft thing here is that the bullion coin is legal tender and given a face value that is nowhere near the bullion value! Yes, you can buy one dollar's worth of goods with a coin that cost you $27...$28... etc. A little crazy. The Mexican 1 ounce silver Libertad is somewhere in between round and coin as it is produced by a government mint but is not given a face value.
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 ....
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.
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.
Mark, Thank you for this presentation. It is is a great introduction to the basics of precious metals investing. Your clear, simple to the point demonstration serves as a starting point in educating me about buying and securing the future at just the right time.
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.
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.
Random guy on set: "does anyone think we should do a second take and maybe loosen up a little?" Everyone else: "I'm going to beat you with this bag of precious metals"
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.
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.
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
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.
Should I keep the bullion in the company packaging, whether it’s JM or whatever? Or should I take it out and enjoy touching and feeling and showing it?
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.
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..
@@bromando44 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.
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)
What are some of the better mints when purchasing bars? At one time I would buy Matthey bars, but they now seem to have a collectors premium for some reason.
@@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.
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.
@@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.
0:01 🎬 Introduction to the differences between coins and bars. 0:44 🪙 Explanation of similarities between bars and coins: manufacturer, weight, purity, and metal type. 1:50 🤔 Key considerations when buying precious metals: bars vs. coins, producer type, and size. 2:39 ⭐ Importance of brand reputation and resale value for precious metals. 3:12 📋 LBMA and Comex Good Delivery Lists as indicators of reputable producers. 4:00 📏 Typical sizes for gold and silver investments, starting from 1 ounce. 5:34 📉 Gold products generally have lower premiums than silver products. 5:45 🪙 Bars tend to have lower premiums than coins due to production costs. 6:00 💡 Larger sizes of bars result in lower cost per ounce. 6:28 🛒 Explanation of premium: the difference between spot price and total cost. 7:17 ⚖ Clarification on liquidity: it's equally easy to sell bars as it is to sell coins. 9:33 🏗 Potential challenges with selling large industrial bars due to the need for refining.
Just for the record; I have bought and sold silver and gold minted by well known and not so well known companies. I have never had a problem selling any of them. The dealers are all the same. They sell at a small profit above spot and buy at a slightly lower price than spot. Never have I had a buyer tell me they would not pay the same for any mint brand. Also, my understanding is that when gold was confiscated it did not include coins. If this is correct than coins do hold an advantage over bars. I personally have owned both. Just my experience.
He was handling everything with bare hands. I would love to do that or have the grandchildren do that but am fearful of devaluing what I have. Can we? Is handling thereof a con to get us to buy cases?
You're correct in that it is just as easy to sell a bar as a coin to a dealer as yourself. But a coin is easier to barter, it's more trusted by those that so not understand or have the testing kit that you do. Coins might have a bigger buy premium but also as you rightly say, often have a bigger sell price too. My opinion is If you're confident of being able to sell back to an honest dealer, like yourself, buy bar everytime. Otherwise coins are recognised and appreciated in many circles of society stick with what people trust.
Yes, that's true. May I add that the purity of coins sometimes matters when you sell? I tucked two gold coins in my luggage when I went to spend 3 months in Taiwan. I need money, so I took them to a precious metals/jewelry shop. They eagerly paid me full price for my Canadian Maple [.999 pure], but didn't want my Krugerrand [about 90% pure]- it "looked funny".
hi there, stacker and collector here, I would recommend to buy physical precious metals. There is a saying within the community "if you can't hold it, you don't own it."
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.
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.
An Excellent Video, Choosing the right industry to invest is very critical, Most times, it amazes me greatly how I moved from an average lifestyle to earning over $83k per month. Utter shock is the word. I have understood a lot in the past few years to doubt that opportunities are bound in the financial markets. The only thing is to know where to focus.
@@bjoe631 That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
Wow I can't believe you guys are discussing about *Gary Mason Brooks* , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended.
@jasonlauu Yes i do, I've known him for couple of years , I'm still using his services , His management team is quite impressive so far.... with my $15,000 deposit, I made over $288,000 profit with just 10% charge.
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.
when you were talking about liquidators refining that massive silver bar towards the end reminded me of when Matt from Demolition Ranch shot that massive brick if silver
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!!!
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.
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’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 didn`t quite understand one thing. So the bigger the silver bar, the more money I save buying it. What I don't understand is, when I decide to sell it, will I sell it for a bit less? Or am I still selling it for the spot price? How does it work?
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
People buying a huge bar like that are only buying it for the investment, they don't really care how pleasing it looks to the eye since they are most likely just going to keep it sealed in a vault somewhere never to see the light of day.
@@DIVISIONINCISION My perspective is to buy 1000 @ 1 oz each. I could sell them today, up to 1000 buyers. On the other side, with a 1000 oz bar, I instantly limit my perspective buyers to a very small niche. Best of luck to you Big boy......
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
Engelhard 10 oz bar and Johnson Matthey kilo bar a good investment? What if they don’t come with papers to authenticate but have the serial numbers stamped ?? Does this change the value or ability to liquidate?
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
I never in my fucking life wondered anything about coins and bars but that guy somehow still answered all the questions I had...
Pay over spot price. Sell under spot price. Pay too much for a pretty coin get a little bit more than spot price back. Rick from pawn stars "the best I can do is $5.00, might be worth something I just can't take that risk" take it or leave. Can't eat, drive or warm yourself with metals.
@@charliejeans2413 -AND... Pay a premium over spot price each time you buy and sell Gold or Silver at the store for physical... What a joke.
@@243wayne1 def a con. This guys a dealer. Ohhhh look at all my stacks. Seeds. Are the future. Last forever if you store them as well as your gold n silver. Then I'll sell them seeds to grow there food for gold or silver only. 1/3 of spot !
I'll take that as a compliment!
@@SWPCayman hahaha good to see you take an interest. Seeds are the future.
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?"
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.
Does anyone else who owns bullion occasionally take out their stash just to look at it? I love it :)
I like the feeling of touching pure gold and silver. I like the sound when you put it on a wood table or when you touch them together.
just love it, do the same with my watches!
For sure I Do!
I feel the joy of a pile of precious metals coming to us. I give gratitude for the blessings soon to come. I wish for the joy of abundance to flow to ALL. I pray for the good hearts to feel the anticipation of same. I pray for those reading this to add to this vortex of energy to serve us ALL.
Wouldn't it be more exciting to look at it if you just mined it out of the ground and were on your way to the assay office.
Months ago I invested in lead and brass with a little gunpowder
Works for me.
How can I do that now? I want to do the same. Janice
That's also very important.
😉
Welcome to the club sir
Solid investment bro, smart man.
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.
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!
In case anyone’s wondering that kilo of gold is worth just shy of $60,000
@@renasouza8261 we will see
@@renasouza8261 no gold is actual rare unless there is a gold rush it won’t
@@renasouza8261 cheaper? How come?
@@renasouza8261 I doubt that. The way money is being printed right now hyperinflation is a serious possibility. I can see $5000 per oz gold and $500 per oz silver with the way Trillions of dollars are being made.
@@keeganbrown9967 I agree, don't even remember why I said otherwise
Becoming a good trade takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
My portfolio has good companies, however it has been stalling since last year. I have approximately $200k stagnant in my reserve that needs growth.
Starting out with a with a professional that knows the ropes of the choppy but profitable market is the best way to achieve getting a well structured portfolio. That’s why I have been working with ‘HELENE CLAIRE JOHNSON and that doesn’t make me daft because in financial dealings one have to be prudent. Most traders enter exit with a quick 10% profit which is not bad in a general opinion but why not aim higher, it doesn’t necessarily mean to be greedy.
Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
Most likely, you can find her basic information online; you are welcome to do further study.
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'm broke but here I am watching these precious metals. At least my eyes are happy.
Join karatbars
@@rico200168 If you don't hold it, you don't own it.
It's time to make your financial future look happier
rico200168 stupid
uchihasurvival dear sir the U.K. is not like America
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..
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)
He there casually sitting with gold and silver all around him. RUclips “Money gurus” must be jealous of that setup. 🤣
Underrated comment lmaoo Mr beast incoming
Casual G
Scrooge McDuck always did that, too
There jealous cause they don't pay attention
RUclips gurus are only surrounded by lies.
I like bars, there's something about a good-looking bar.
A bar of gold is 75 pounds 💷 and so is his ego
I like bars too but have been gravitating towards the rounds lately
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
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 $50 an ounce!
I was selling junk silver the winter of 79-80. A young woman came to me to buy one thousand face value. She told me her father had advised her to do it. Thirty times face value. It was sent to me in five gallon buckets. UPS. I asked her if she was sure she wanted to do this! I pretty much knew what was coming. Within a month it had dropped to about ten times face value. She came back to my home in tears asking if I would buy it back!!!!! For thirty large! I felt awful but what could I do! It still hasn't recovered.
Vincent Conti that story bums me out. My cap for silver is 20 an ounce no matter what. I started buying at 14oz, it just feels rite at that price. 14-20.
or not.
That is the biggest silver bar I've seen
Me too
someone sold a similar size on pawn star
crypto lite its the same
Block*
Would be a fine anvil. 😚
There's a few dollars sitting on that shelf ...
1+5+10+32 = 48 oz
48 x 1550 us$ = ~ 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
A million bucks in gold sitting behind his right shoulder on the shelf.
At least 50 kilos- about 3 million right now.
I know right? I’m watching this salivating...lol
@DN Prove it.
Those are candy bars!
Do you want to know more about crypto? this is a great opportunity for you. Let’s talk now if you’re interested.👆👆
I question the purity of that kilo bar... you might want to send it to me and I'll check it for you 😉
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.
Coins are round.
Bars are rectangular.
The end.
🤣🤣🤣🤣🤣🤣
Rounds are bullion
Boom !
@@bryanmower2703 Coins can be bullion as well. The daft thing here is that the bullion coin is legal tender and given a face value that is nowhere near the bullion value! Yes, you can buy one dollar's worth of goods with a coin that cost you $27...$28... etc. A little crazy. The Mexican 1 ounce silver Libertad is somewhere in between round and coin as it is produced by a government mint but is not given a face value.
RoseGold
Coins have a denomination. Rounds are cylindrical bars, and bars are prysmic rounds.
The actual end.
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 ....
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 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.
Pretty much like drugs
The more you buy, the less per ounce.
How did you know that?
FBI open uppp!
@@MDF4072 like any product you can get in bulk.
Crazy prayingmantis Just got 4 kilograms of Canadian Royal Mint...
@@ilijabosnjak76 noice
Your an idiot that isn’t true I stole tons of precious metals during the war get on my level
Great video, I see all the online companies charge quite a bit, what do you suggest for buying online? Thanks
Mark, Thank you for this presentation. It is is a great introduction to the basics of precious metals investing. Your clear, simple to the point demonstration serves as a starting point in educating me about buying and securing the future at just the right time.
All I see is the massive stack of 1000 kilo gold bars behind his head that’s on the shelf... 😍😍😍😍
Same I feel my blood rushing looking at it.
1kg bars, lol.
1kg bars
He did that for effect.
About $2,000,000 in gold.
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.👆👆
Me staring wide eyed over his shoulder as he casually just has $2,700,000 in gold just sitting on that shelf
They must have good security
Wondering the cost for the Beskar bars~~~
This is the way.
That is not an actual metal, I believe it is only in Star Wars.
@@pauldavis5665 How many dislikes can we give you? I'll go 1st.
@@josephwinborne3620 What I said is true, look it up if you don't believe me. Beskar is not a real metal.
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.]
Random guy on set: "does anyone think we should do a second take and maybe loosen up a little?"
Everyone else: "I'm going to beat you with this bag of precious metals"
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 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 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.
Is Degussa a reputable gold maker? I am thinking about buying their bars.
Degussa is a reputable producer. SWP sells Degussa, so feel to contact us to purchase.
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’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.
Where’s this located exactly?
😂🤣😂🤣
Cayman Islands - swpcayman.com
Good-luck with that 🤕💀
Aren't the Cayman Islands Tax Sheltered?
Lol
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
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
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.
Hello and good day . I am a firts time precious metal buyer. My question is should i buy gold coins or gold bars , and how much do I buy
All you can cause that fake ain't gonna get you nothing
The answer is yes.
Buy a gun so you can keep your gold
Thank You you really enlightened me on this matter. As in I myself do deal with bars vs. coins (rounds).
Should I keep the bullion in the company packaging, whether it’s JM or whatever? Or should I take it out and enjoy touching and feeling and showing it?
Hello Joon, that is completely up to you, the value will not depreciate.
That 5 ounce gold bar is my next goal!
Good luck with that.
I'm sure you will achieve it.
Progress update?
same here
When you count the bars behind him and realize there's a P1's worth of gold just sitting there.
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.
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Can i buy a big bar and remelt it myself into small coins? Will I have problems selling the coins?
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..
@@bromando44 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.
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.
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)
Is there money to be made in producing 1/10th, 1/5th, 1/2 oz blank rounds with a basic stamp declaring purity and weight for barter purposes?
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.
Just the eye candy effect alone of those gold bars 🥰
Beautiful
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.
What are some of the better mints when purchasing bars? At one time I would buy Matthey bars, but they now seem to have a collectors premium for some reason.
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.
I like that 1000oz silver bar. Reminds me of my dumbbell set that's made of silver.
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.
Does the year of the silver or gold coin affect the price when you sell it in the future?
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.
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?
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.👆
0:01 🎬 Introduction to the differences between coins and bars.
0:44 🪙 Explanation of similarities between bars and coins: manufacturer, weight, purity, and metal type.
1:50 🤔 Key considerations when buying precious metals: bars vs. coins, producer type, and size.
2:39 ⭐ Importance of brand reputation and resale value for precious metals.
3:12 📋 LBMA and Comex Good Delivery Lists as indicators of reputable producers.
4:00 📏 Typical sizes for gold and silver investments, starting from 1 ounce.
5:34 📉 Gold products generally have lower premiums than silver products.
5:45 🪙 Bars tend to have lower premiums than coins due to production costs.
6:00 💡 Larger sizes of bars result in lower cost per ounce.
6:28 🛒 Explanation of premium: the difference between spot price and total cost.
7:17 ⚖ Clarification on liquidity: it's equally easy to sell bars as it is to sell coins.
9:33 🏗 Potential challenges with selling large industrial bars due to the need for refining.
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😃😃
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...
Just for the record; I have bought and sold silver and gold minted by well known and not so well known companies. I have never had a problem selling any of them. The dealers are all the same. They sell at a small profit above spot and buy at a slightly lower price than spot. Never have I had a buyer tell me they would not pay the same for any mint brand. Also, my understanding is that when gold was confiscated it did not include coins. If this is correct than coins do hold an advantage over bars. I personally have owned both.
Just my experience.
Thank you for sharing! I believe what's important is weight and purity (999). Brand does not matter.
@@jazzyk4046 yes, absolutely! I only have dealings with .999 metals other than the few times I have sold jewelry.
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.👆👆
He was handling everything with bare hands. I would love to do that or have the grandchildren do that but am fearful of devaluing what I have. Can we? Is handling thereof a con to get us to buy cases?
That kilo gold bar looks so fine and tasty I'd probably fondle it several times a day if it were mine.
And keep on saying "I love gooooold" xD
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
You're correct in that it is just as easy to sell a bar as a coin to a dealer as yourself. But a coin is easier to barter, it's more trusted by those that so not understand or have the testing kit that you do. Coins might have a bigger buy premium but also as you rightly say, often have a bigger sell price too. My opinion is If you're confident of being able to sell back to an honest dealer, like yourself, buy bar everytime. Otherwise coins are recognised and appreciated in many circles of society stick with what people trust.
Yes, that's true. May I add that the purity of coins sometimes matters when you sell? I tucked two gold coins in my luggage when I went to spend 3 months in Taiwan. I need money, so I took them to a precious metals/jewelry shop. They eagerly paid me full price for my Canadian Maple [.999 pure], but didn't want my Krugerrand [about 90% pure]- it "looked funny".
I wouldn't touch silver or gold in a barter situation in a crisis. Just stupid risk taking.
Is it better to buy shares in silver or buy the physical thing? Im new to this and want to maximise my investment
hi there, stacker and collector here, I would recommend to buy physical precious metals. There is a saying within the community "if you can't hold it, you don't own it."
Working in a Bullion does wonders for your skin! Dude you're shining
"Chain of integrity" that shit's deep!
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!
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.
An Excellent Video, Choosing the right industry to invest is very critical, Most times, it amazes me greatly how I moved from an average lifestyle to earning over $83k per month. Utter shock is the word. I have understood a lot in the past few years to doubt that opportunities are bound in the financial markets. The only thing is to know where to focus.
I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more.
@@bjoe631 That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@@nyreggie-isb23 You allow people to trade for you ? that's interesting, I would love to learn, hope it’s safe?
Wow I can't believe you guys are discussing about *Gary Mason Brooks* , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended.
@jasonlauu Yes i do, I've known him for couple of years , I'm still using his services , His management team is quite impressive so far.... with my $15,000 deposit, I made over $288,000 profit with just 10% charge.
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.
when you were talking about liquidators refining that massive silver bar towards the end reminded me of when Matt from Demolition Ranch shot that massive brick if silver
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 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
I shop a lot on Ebay and use my rewards for silver.
Smart. Just be sure you are buying from reputable sellers on Ebay.
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.
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?
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
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 didn`t quite understand one thing. So the bigger the silver bar, the more money I save buying it. What I don't understand is, when I decide to sell it, will I sell it for a bit less?
Or am I still selling it for the spot price? How does it work?
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
For a 1000 oz bar, you'd think they'd put a little effort into the finish/design. ;)
People buying a huge bar like that are only buying it for the investment, they don't really care how pleasing it looks to the eye since they are most likely just going to keep it sealed in a vault somewhere never to see the light of day.
Your perspective is of someone who should stick to coins, small fry.
@@DIVISIONINCISION My perspective is to buy 1000 @ 1 oz each. I could sell them today, up to 1000 buyers. On the other side, with a 1000 oz bar, I instantly limit my perspective buyers to a very small niche. Best of luck to you Big boy......
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
Engelhard 10 oz bar and Johnson Matthey kilo bar a good investment? What if they don’t come with papers to authenticate but have the serial numbers stamped ?? Does this change the value or ability to liquidate?
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 checked my gold color loonie coins and they turned out to be made of bronze and nickle worth a buck....damn!
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
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Nice video, but i was looking for a bit more info on which is BETTER to buy, bars or coins... like the title implied