How To Save Money on Gold Purchases
HTML-код
- Опубликовано: 2 сен 2021
- If you'd like to save money on gold purchases, I have a few ideas you can use right now and over time. You don't have to switch to unloved gold, you can use these tools and tactics to get the gold you want for less.
Price aggregator:
findbullionprices.com/closest...
American Gold Eagle at spot:
nationwidecoins.com/
All the places I post in one easy list:
▸ 🔔 SUBSCRIBE: ruclips.net/user/2is1gold?sub_con...
▸ 📷 Follow on Instagram: / 2is1gold
▸ 💬 Discord invite: / discord
Helpful videos if you're looking for more information:
▸ Gold Coins 101: • Best Gold Coins - Ever...
▸ Storage: • How To Store Gold And ...
▸ Capsules: • The Best Coin Capsules...
Product links:
▸ Pelican Micro Case
amzn.to/3r6HtUd
▸ 32mm Direct-Fit Capsules (Fit 1 oz American Gold Eagles, Gold Buffalos, etc.)
amzn.to/38TpVE9
▸ 30mm Direct-Fit Capsules (Fit 1 oz Canadian Maple Leafs)
amzn.to/3pYmLoO
▸ 27mm Direct-Fit Capsules (Fit 1/2 oz American Gold Eagles, etc.)
amzn.to/3nVpfCq
▸ 22mm Direct-Fit Capsules (Fit 1/4 oz American Gold Eagles, etc.)
amzn.to/2LHteFN
▸ 16mm Direct-Fit Capsules (Fit 1/10 oz American Gold Eagles, etc.)
amzn.to/3roUzLy
▸ Theory11 Playing Cards
amzn.to/3ec9B4L
▸ Field Notes Notebooks
amzn.to/3myF3w6
I buy gold and other assets on a dollar cost average schedule and then buy more as price and interest allow. If you want to know more about buying gold coins, that is my primary focus here. I talk a bit about mining stocks and other equities as well. Cheers!
Disclaimers: I am not a financial planner. I'm just a guy on the internet, talking about precious metals. This is for entertainment only. Who isn't entertained looking at gold coins? As an Amazon Associate I may earn commissions from qualifying purchases. Any potential compensation I earn will not negatively affect your purchase. Thank you!
I appreciate the insight. In the short time I’ve been stacking I’ve already made some questionable purchases, but your videos have helped me get into the right headspace regarding why and how I stack (it’s definitely a work in progress). Thanks again and keep up the great content!
Thanks for watching!
I appreciate your stuff! Your videos and voice are of the highest quality! Keep it up.
Thank you!
Slow and steady and keeping your eye out on good deals. They are there for sure. Great advice sir
Thanks, Sal! They’re not there for Libertads! 😅
This is your best type of content. Instructional and value added. Thanks
Thanks for the note!
Coin shows can bring competitive prices at times when dealers want to sell. Especially if it is a couple day event. Prices may very from the first day to the last day I have found....
Makes sense. I don't have much experience with them. The few I've been to were heavily geared toward numismatics. Cheers!
As ALWAYS great stuff...thank you Dr. Gold have a wonderful holiday weekend! Stay safe and stack on!!!
Same to you!
Listened to 10 of your videos and I’m probably going with your vibe on the buffalos. Love maples but the rational for buffalos got me to agree. It’s tough to accept that I’m leaving about 1/4 ounce on the table per decent purchase switching over from maples, but my overall plan has changed some now. I don’t know why but for some reason I envisioned a big cash out to trade into another asset class. Now after absorbing your ideas I see more of a plan with selling an ounce per month starting at 60 or so. This is why I want the best, so going into the store monthly my product will likely be coveted over other coins. Makes sense and hopefully the $55 extra per coin will be worth it.
So I looked up that price aggregator... and it's pretty freakin sweet!! Thanks for the info man, I already got the shortcut on my phone lol I think I'll get some use out of it. Oh and sweet vid👍 keep doing what you do
Yeah, it’s a great tool. Cheers!
Great video. You’re definitely right about going with your gut feeling. All the advice that you went over is really good advice. I try to do my due diligence before buying. Most of the time it works out to be a good deal. We all can’t expect to be perfect on every buy but just strive for perfection and then let the cards fall where they will.
I have a video about a 2020 Buffalo I bought and explain how I didn't feel good about it. Turned out to be just about the height of spot! 😂
I definitely know how you feel.😂
Thanks for sharing. I personally hold a mix of Gold, Silver and Palladium in Goldavenue, a Swiss company. Hoping to see the prices growing up in the next 10-15 years.
10-15 is a good timeframe. I imagine you'll do well. Cheers!
Keep stacking , love the thought behind your channel
Thank you!
Thanks again for making the video, I always appreciate your time. 👍 😉
Of course - thanks for watching!
good stuff, thanks. My experience has been when spot is relatively high, premiums tend to fall; when spot is lower, dealers mark up with more premium. So, timing i think is fool hardy. Buy long term
I agree with that as a general rule (and it's frustrating) but the deals can typically still be found. Britannias were a good example. They were going for 5% premium at the height of spot. Cheers!
Thanks for the tips, loving your vids..to a relatively new stacker, I found your videos to be highly informative and your sharing of personal experiences with Au (&Ag), is a wealth of practical knowledge which I believe has directed my humble stacking efforts into a much more "well oiled machine" than it had been previously..Thank you sir & keep em' coming please...btw: my favorite vid of yours was actually about your past experience with Ag stacking
Thanks!
I remember buying my first gold piece: 1/10 oz Perth Mint Kangaroo. Was pretty excited! Then it showed up...My gawd it was small! Needed a magnifying glass to see what year it was. I knew then I was just a gold wannabe poser....Yeah, I could say "I own gold!" but jeezum, it was small. Moved to 1/4 ounce gold coins and felt "somewhat" better but still not totally satisfied. Next was 1/2 oz coins. Now I was getting somewhere. Life was good. More friends. Better dates with cuter women. I love gold now. Gonna get me some of those bison next. TY for the vid and I always enjoy the accompanying eye-candy!
Ha! The life of a gold baller! 🤩🎩
Great real world advice! Appreciate it!
Thanks for watching!
I would lean against going for a loss leader myself. I would not want to trade a one time good price for ongoing sales calls.
If it seems too good to be true...
You phone has a "block caller" function ;-)
@@jamesvelvet3612 ☎️
Great vid! A question: is there any difference in liquidity among those gold coins you talked about near the end such as American eagles vs. Buffalo vs. maple leaf vs. brittania? Are any easier or harder to sell? Or hold their premium better when sold? Thanks.
Eagles and then Buffalos are the easiest to sell in the US. They will get more premium in a sale but rarely cover the buy to sell spread better than a Maple Leaf or Britannia.
@@2is1gold thank you!
I got Gold Bars.......sold some of them....had no problem what so ever....!!!!!!
Always good to know. Did you sell them to a dealer with an XRF machine to verify?
Nice video like always!
Thank you!
Good stuff as always! Just last week I got a Gold Buffalo at just under 6% and a 1/4 oz. AGE for right at 12% from a LCS, I was happy with that. Does help to get to know your LCS.
Nice!
That relationship with a lcs is paramount. I've gotten many deals with "special pricing" due to it... Time to go prep, I am feeling lucky...😏
Good luck!
I buy foreign gold and on the dip. I bought a Britannia and 2021 Gold Swan last month when spot price was $1764. I saved hundreds buying that over a Buffalo or Eagle.
Nice choices. Both are gorgeous coins and it's been a lot easier to find those at 5% premium or so. Cheers!
Saving money and buying Gold. What a fantastic combo!
🤑
I actually purchased from Nationwide twice.
The first time for 10 1/10 ths for $1500 and the second time I had to have a friend make the purchase for a 1 oz AGE last year before TSHTF. I did however give him some compensation for his trouble but it was still worth it.
Nice!
Love your channel, my problem is It takes so long for me to come up with 1800 to 1900 or more for a 1oz gold coin. However I can buy a 10th or maybe a 1/4 at a better price then a 10th. Yes I know everyone says save your money, and get a 1oz . However by the time I get that much the price of a 1oz always goes higher. What is your Advice on my situation.
Coins are legal tender, which can be a big plus. One can argue the face value can be used as declared value at an airport, etc.
One could argue it, but customs officers might not care much. Your mileage may vary.
That gut instinct is a funny thing. You can tune it over time and eventually it can be pretty reliable. That said if you just act on emotion you're certainly going to make poor choices. As with most things a balance is good. If you're paying attention to the world around you and following prices as well as listening to your gut you'll probably do well. Thanks as always for the solid information!
Brain, heart, gut. The heart is the worst of the three. 😄
Hello again, thanks for the great vid! Question, in Canada, i have purchased only new 2021 1/4 oz ML, but the premium are from 14 to 19%, am i doing something wrong? Thank you for your help!
You aren't doing anything wrong. It's just abnormally high at the moment. Cheers!
Just bought another 1oz. Maple Leaf for 1,608 Euros (around USD 1,910). :)
Nice!
I base purchases on opportunity and my goals. For example I bought 1oz bars at 49 over spot. But I also bought1oz eagles and buffalos when gold was under 1790. Stay nimble
Yep, plan for Bs and CS. Cheers!
Betty educational appreciate you information thank you man
Thanks!
Scheduled 1/2 AGE’s each month but I rake in low premium Sovereigns, LMUs and Ducats for weight.
Like a boss!
Good video about yummy gold. Have a nice holiday weekend, dos is uno. 👍🇺🇸👍
Gracias!!
That spot AGE is a great deal! I may nail that one shortly on the next dip down. Thank you.
I’ll look at it again at some point too.
Could the coin be damaged? Does not say BU anywhere. Does this affect price?
Lately I have been paying $140 over spot. The local coin shops are behaving as if it’s still a sellers market. It kinda makes me wanna pump the brakes a little bit until our local premiums get better ….but I still wanna buy so I don’t know!!
I'm seeing that locally too, unfortunately.
When I started buying Gold I was a bit too interested in accumulating a few ounces fast and that lead me to overpay for the first few coins that I bought. Now I am a bit wiser, I'm checking the trend for spot and only buy one 1oz coin when spot is on a downtrend. The difficulty is to decide exactly the right moment for the purchase before Spot starts to go up again... :D
Overall, though, I tend never to buy when the price of a certain coin is higher than the average of what I paid for all my previous purchases.
It's tough to keep cost average down these days, but that's a great plan if you can do it!
Nice video brother you are my go too. Cannel for gold bullion the 1oz gold 🦅 is my mint tube goal...then the buffalo or fractional gold up next. Also I am planning on trading some silver bullion for gold whenever it's right ▶️....I like your style Man 👍
Thank you, and good luck on those goals!
Good advice. I watch your videos and today subscrbed.
Thanks! Have a good weekend!
Hi , I agree. In Holland the new eagle is 100 euro more than a maple leaf. So maple leaf for now 😎
Easy choice!
Great video my friend!
Thank you!
Not sure if this is the correct place to ask this question but you mentionded a number of on-line dealers in this video. I just recently purchased my first American Eagle from JM Bullion but on my USPS app it said it was coming from Apmex. I have noticed that the websites for SD Bullion and JM Buillon appear to be almost idenitical. I was wondering if you knew if all three are affialiated are in fact have the same owner. Thanks. It is exciting to hold the first American Eagle in my hand and looking forward to the Buffalo's. The Buffalo is my wifes favorite.
Never purchased
i've had to take a back seat to buying. went in too fast, got burned a couple times.
plus my lcs dealers got too used to high premiums, so they don't reduce hardly at all.
just gotta be a watcher for a bit and listen to that gut instinct.
Makes sense. Two of my favorite local shops are way too expensive. I've had to change up my buying considerably over the last year or so.
I’ve always wondered who controls spot. Something or someone absolutely does….it’s just we don’t know who or what does it!
Even though I'm not a fan of graded modern billion. The last 2 full ounce of gold I bought were MS 70 FIRST STRIKES For 50 under spot!! But now I get phone calls from the company wanting to sell me over priced hand signed labeled Slabbed bullion coins all the time
That would be my concern as well. I'd block the phone number.
Hi ,,, have you ever heard of One Gold , and if you have what are your thoughts on them , I’ve recently started with them but cautious, everything I’ve seen on them so far , seems ok ,,, great videos btw ,,, , I may need one of your stickers,,, thank you ,, BC
I don't know much about OneGold. I like the idea but haven't tried it myself. Cheers!
Who is the most honest dealer in the uk to buy gold from? I am new to this game so please give me advice. Anyone. Thanks. 12:20 who is the
Interesting video, as usual.
2is1 is a worthwhile channel, in my humble opinion.
Quick question, in several of your videos you mention “roosters”. I feel like I should know what that is, but I don’t. I’m aware of Perth mint’s lunar year of the rooster coins, but I don’t think that is what you mean.
Have a great weekend man.
Sorry, 20 Francs Roosters. They're a good-looking, low premium old European coin. They were minted in France around 1900. They're 90% pure and about 1/5 of an ounce in total gold weight.
@2is1 sorry to ask, since I know you’ve provided a previous answer/link on other vids... but where do I buy direct fit capsules? I’m rather disgusted with the black foam ring ha
No problem. I put the links in my video descriptions, but here they are:
▸ 32mm Direct-Fit Capsules (Fit 1 oz American Gold Eagles, Gold Buffalos, etc.)
amzn.to/38TpVE9
▸ 30mm Direct-Fit Capsules (Fit 1 oz Canadian Maple Leafs)
amzn.to/3pYmLoO
▸ 27mm Direct-Fit Capsules (Fit 1/2 oz American Gold Eagles, etc.)
amzn.to/3nVpfCq
▸ 22mm Direct-Fit Capsules (Fit 1/4 oz American Gold Eagles, etc.)
amzn.to/2LHteFN
▸ 16mm Direct-Fit Capsules (Fit 1/10 oz American Gold Eagles, etc.)
amzn.to/3roUzLy
@@2is1gold well now I feel foolish. I could have just checked Amazon myself. For some reason in my mind it was an obscure website previously linked. Thank you for your time. And take care 🙏🏼
@@MrJswitz84 maybe www.onfireguy.com/
Great video
Thanks!
Do you think it’s worth the slightly higher premiums if I try to collect a BU Buffalo from every year of production or just stack the lowest premium I can find (current year)? I’m really aiming to get one from every year. My goal is to hold for generational wealth and probably never sell, ever.
I have never tried to go after each year - it's not worth the premium to me at all. In normal circumstances you'll see that random year are cheaper, though. This year has been an anomaly. Cheers!
Appreactiate your insghts and experience on saving money (particularly premiums) What are your thoughts on savings on the year of a coin. Actual eample SD shows today a Buffalo 1oz BU at just above $2000, then same coin, BU for just under $2000. Only difference I can see is the year of the coin. Roughly $50 delta. First, not sure why a delta just because a year difference...? Does it matter? Random years seem to be cheaper.
They ran out of the 2021 coins they had the deal on. The only reason they're priced differently is that their system has them entered differently. Bullion Exchanges has the 2021 right now for $95 over. I use them quite a bit. bullionexchanges.com/2021-1-oz-gold-american-buffalo-coin
Never heard of anyone having trouble selling gold bars to an LCS. Thanks for the video
The problem isn’t being able to sell them to a LCS. Jewelers will often buy them too. It’s selling to the private market or anyone without an XRF scanner and then secondarily getting a good price.
@@2is1gold Do you know the preference of non-western countries when it comes to US gold coins vs generic gold bars? Would a buyer in Chile or Thailand for example prefer a US coin over a swiss made bar? Might be a hard one to answer but I can't really find anyone who can tell me.
@@RB-ow7mt Ask him in the main comment section… I’m curious to know this as well because I like bars but never buy them. I just by pure Gold via maples or Buffalos
I was at the state show of the Michigan Numismatic Society on Saturday, and found a 1/4 Eagle for $485, 7.8% over spot. I couldn’t pass that up!
Very nice!
Hey 2for1 what’s your thoughts on fractional 1/0 oz for beginners on a budget like me. I just can’t buy a whole oz right now but plan on it in the future. Great videos buy the way. Very informative.✌🏼
He has some other videos talking about fractional if you want to dig in!
I love fractional. The only issue at the moment is premium, and my preferences for one ounce coins (AGE) are the worst at 1/10 and 1/4 oz size right now. I like Canadian Maple Leafs and Britannias at the moment. Cheers!
When you see a 1/10th oz eagle for $260, that's paying $2600 per ounce of gold (vs. $1950-ish/oz in a 1 oz coin). It makes a deeep hole to climb out of to get that value back; more than 1/3 the dollars you spend don't go into metal. Paying $560 for a 1/4 oz AGE is $2240/oz, not great but closer to 1950 than 2600. Quick look I saw 1/4 oz maples and britannias about $520 ($2080/oz) which is a coin + groceries this month instead of just a coin. JMBullion even had a queen's beast 1/4 for under $500 which is almost keeping proportional to buying a full ounce at a time. It would be an oddball in a stack but probably best deal out there today.
Yeah but there's lot of options cheaper than Eagles. If holding long it will make up for it eventually (but I agree if you are planning to flip, fractionals are not ideal). Psychology is important here - for some the ability to make regular purchases and build up the stack is worth paying a bit more in the short run. Not everyone has the discipline to save for months to make that bigger purchase... and that's ok! Everyone needs to figure out the method that works best for their own goals.
@@sassychiken6888 I’m planning long term and not flipping. I did get 1 1/0 age for $230 but I’m limited on funds and just started stacking. Thanks for your input I can use all the help I can get.🙏🏻
Do you encapsulate every coin? I store mine in the mint tubes. Seems like it would take up a lot more space. Maybe to prevent damage whilst making a video?
I use capsules for the stuff I'm parading out for videos. Anything I've vaulted has been in a mint tube.
@@2is1gold I'm pretty clumsy. Now I think maybe I should encapsulate everything. Maybe even myself. :-)
@@coctailer ha!
Very good and informative video!
Personally for me the biggest obstacle to buy physical gold are NJ taxes. When state adds 6.5% taxes to the total price I don’t want to do any investments even if I can find good deals. Let say gold coin price is 1825 + 100 from dealer. Adding state taxes 125$ which is 6.5% total coin price becomes 2050$.
When do we expect gold spot price 2050? In 10, 20 or 50 years? Besides mines can dig more and mor gold... 95% of total world gold was excavated during last 120 years so mines can produce more and more gold.
How gold price is going to change if China starts selling gold? They already started floding market with copper, aluminum....
I know what you're talking about. I live in Montana and have been buying gold for the better part of 12-15 years, all tax free. Now I am moving to California and looking @ 8.5 tax on anything I buy. Soooo, I think my gold buying days are over--I just get to play with what I already have. Now, this assumes the gold bug can be held at bay. Time will tell.
There’s a bill being considered for exemption in New Jersey. Hopefully it goes somewhere.
California has an exemption over $1,500. It’s frustrating, but if you make fewer, larger purchases, there is no sales tax on bullion there.
yeah but I only buy gold with green cash. any thoughts considering that restriction
Then it's mostly either about timing spot price or getting the dealers to let you know when they have a deal.
BUYING FROM THE U S MINT, FOR ME WAS OK AT FIRST AND I'LL NEVER SALE OR FLIP THOSE COLLECTABLE 22k AND 24k, UNLESS I COULD GET " 2 FOR 1, ". ( THOSE AGEs, SOME BUFFs ARE PART OF MY FINANCIAL FOUNDATION ) EVEN WITH THOSE HIGH PREMIUMS, I CAN SAY GOLD WILL MAKE YOU SMILE, EVEN AT $2700 AN ONCE, ( GIVE ME LIBERTY ) IF YOU GET WHAT YOU WANT. THANKS FOR ANOTHER FINE VIDEO.
It can definitely make you smile. Cheers!
Do you pay sales tax ??
Would love to see you make a video on converting junk silver into gold.
Two methods: Sell the silver for cash, use the cash to buy gold. This can be at different times when silver is relatively high and gold relatively low. Or use your networking to find a person willing to do a straight trade of junk silver for gold at some ratio. Most of the year spot was around 65:1, lately closer to 72:1 showing gold gaining value on silver. There is also a ratio taking premiums into account where silver gets closer to gold because of its higher premiums.
@@TheGroovyJones do you know of any websites that facilitate trading metals? I have some 40% half dollars that I'd like to trade for gold.
This may be a stretch, but can you do a video showing your whole collection. I don’t know if you feel comfortable with that but I would love to see that and I can bet a lot of people would also. Gold , silver, and platinum. Also I picked up a Panda last week and everyone told me to melt “assuming because of hatred for China” but I seen on sites their premium is pretty good and I got it at spot from a local dealer. Don’t know if you remember chatting with over email or not, if not I’m the new stacker with all the questions..
Ha, I remember. I'm not comfortable doing a full stack video, but logistics would also prevent it. I vault at a certain point. I don't like having more than 20 oz at any one place. Cheers!
@@2is1gold that’s what I figured. What’s your thought on the Panda I purchased
Good vid. 🐥🙋♀️
Thanks, Goldcic! 👋
Monument has the buffalo for $99 over spot today
I'm only interested at $98 over. 😅
Has 1oz Britannia Gold $75 over Spot - now !
I definitely need to pay attention to my gut... It's been getting bigger since I haven't gone to the gym 😅 lol. I totally missed out on a few oppunities because I had to think about it and before I decided to buy, it's already gone. 😫
I know the feeling!
Yes. Yes you are a professional.
I just play one on RUclips! 😄
Hi 2 is 1,
Good 👍 video. Enjoy the Gold coins 💰.
Thanks! One of these times, I'll drop a gold bar on the table!
@@2is1gold
Please do that 🙏. It will be excellent surprise for me. Love ❤ from Pakistan 🇵🇰
The biggest takeaway is to spend time on world events and economics and that is what you do .. knowledge is power and keep spending time on it.
✊
I am saving in Centenarios... could I sell them in USA?
Yep! Lots of fans here.
What about buying on top and selling on the way down?
That's one way to go! 😄
Question for the room, is it normal to have a tiny red spot on a 24 karat gold coin? It's a tiny red speck.
Yep. Copper spots are common. It's part of the minting process and has nothing to do with the metal content. There are ways to get rid of them if you're brave and bothered by it. Dealers won't be concerned about it in terms of value, though.
@@2is1gold Thank you so much I really appreciate it! Keep making these vids
@@2is1gold But wait a minute a copper spot on a 24 karat gold coin? I'm a little confused...
@@hugostiglitz4215 they’re called copper spots, but it’s more likely it’s rust from the minting equipment. It has nothing to do with the coin’s metal content. Not saying you should do this, but watch this video if you want to see how easy they are to remove: ruclips.net/video/jj5s-UqIbJw/видео.html
@@2is1gold thank you so much
Not sure where you live but gold bars sell just as easily as govt back coins, you will not get as much when it's time to liquidate but they are very easy to sell especially in their assay as long as the dealer has an XRF I can pretty much sell anything 😉 just an FYI I think it has to do on where you live. Great video nonetheless!
I think a lot of it comes from knowing how picky dealers were a few years ago. My primary shop does not have an XRF machine to verify, by the way. That’s always surprised me, and it could definitely have something to do with their specific aversion to gold bars. Private buyers are a different story. In my experience, it’s very difficult to sell bars on the private market. Different experience for you? (Geographically: Southern California, Texas and Midwest.)
@@2is1gold NY Metro not a problem to sell bars every dealer around the area buys and sells quickly. It's a. Different game here. If your dealer doesn't have an XRF gun then I can see it being harder to sell. I have not tried on the secondary market but if you have unique bars you can sell them for a higher premium not the generics.
@@CuSTACKS makes sense. If my dealers had a different opinion on them, mine would change as well.
I've been watching numerous of your videos the past few days. I'm a 'newbe' in buying gold, at a retired 70 yrs/old. I've just purchased 4 1/10s from 4 mints to get my feet wet. I'm now looking to move up to 1/4 oz from the US and 4 other well known mints. I understand how to figure the premium on 1 ozers. But you said, like from JM Bullion, it's ~8% for a 1/4 oz. I'm not figuring this. I went there, for the same coin, and I'm coming up with 16-17%. I like Liberty Coins (bought many ASEs from them) on eBay. At $532. for a Maple, minus $456. (1/4 of $1827. spot) = $76. ; divided by $456. = 16.6% premium. What am I doing wrong? I like your presentations a lot, and I sure would appreciate your input here.
Your math is correct! The dealers don’t have great deals on Maple Leafs right now (that I can see). Both JMBullion and Provident Metals have a Queen’s Beasts 1/4 oz for 9%, though. Good luck!
@@2is1gold m
When I sell my coin. Do I get back the premium I paid? I’m a beginner
It depends on the buyer. A local shop will only give spot or a bit above, depending on what it is.
@@2is1gold don’t you consider this to be a loss when you don’t get the premium
@@saemae1169 yes, if the spot price hasn't increased in the meantime. Private buyers will also pay more, but that's more work.
Last week my gut told me not to buy until Friday, because according to the gut the job's report was going to be strong and I could buy then when most people panicked. Today I told the gut that it was wrong and the gut spoke again and asked for a beer, and also told me that the next job report was going to be great, thereby driving down the price of gold and to buy then. I told told the gut that it should just get a job at CNBC or Bloomberg.
Ha! That was your brain thinking through the unreleased jobs data. Your gut just wanted the beer! 😄
Today's date is 9/4/21. I called nation wide coins and they want $45 per coin, imo that is just crazy.
Looks like they change their deals up based on inventory. The spot deal on 1 oz AGEs is pretty standard. Keep an eye out!
@@2is1gold
Thanks for the reply :-)
I found 1/10 oz proof eagle for $196 and a .9999 Britannia 1/4 oz for 450. I traded some silver and paid $389. Really bizarre I called a reputable coin shop in philly and the lady told me she would buy the Britannia for under spot! Wth? Screw her! She gave me a bullshit line about how they are hard buys. It’s .9999s fine with higher premiums online than the damn eagles. What the hell? LCS’s can be such a hit or miss. What do you think about that bro? Odd isn’t it? Below spot!
I remember not that long ago feeling a little bit silly because I paid the higher premium to get a buffalo-just because it was a beautiful coin. And I prefer 24 carat. That was in mid-2019. I paid $1350.
Ha - pretty solid deal!
Monument metals is almost always Cheaper than any online seller I have found.
👍
Monument has Britannia 1oz gold $75 over Spot
Nice! $99 over for Buffalos too.
They generally have the best prices around that I have noticed.
I don’t mind buying on an increasing gold price with the profits from gold miners which increased even more.
✊
👍
✊
Cowboyyyyyyyyyyy 👍
✊😄
😃
👋
Time is money. What's your time worth?
The aggregator I use makes the search faster than manually looking at any single site much less doing a comparison. Most people probably browse on down time, though, don't you think?
Folks who live in the UK looking for portfolio diversification: remember that per UK law, if you buy gold in a form that is UK legal tender currency, such as gold Sovereigns or gold Brittanias, your purchase is exempt of VAT, and your sale is exempt from Capital Gains Tax. You lucky %&#*s !!!! Why can’t we have such rules in the USA?
Yeah, it makes no sense that we don’t have that here.
@@2is1gold : One can dream... 😇💫🤩
My gut tells me you're going to the moon 🚀
I’ve got my SOL / ADA / ETH rockets all fired up for the weekend! 😄🚀
@@2is1gold I'm out of the game until next run. Enjoy brother and take profits along the way 👍🏼
@@SilverBritches interesting day seeing gold and crypto shoot at the same time.
🥃
Gut says $1750.00 for spot is based on what? Last time we checked, the dollar to gold ratio was $20,000/oz. so the question is, why are you choosing to stack at all if you're trading fiat rag for bullion coin? It's puzzling to state the obvious as you mentioned acquiring bullion to hold. Gold any less than $3000/oz. is a buy when one views reality and ignores the noise and there is plenty of noise in the air.
The dollar hasn’t been tied to gold for a long time. The ratio doesn’t matter.
@@2is1gold If the ratio doesn't matter then we can also apply the same logic to tulip bulbs and for the sake of being fair, the South Sea company and let's drop the Mississippi Company into the sausage mill while we're at it. Might as well toss BTC in there also... at least with tulip bulbs, people actually could hold a bulb in hand and look at something pretty as it bloomed, as is the case with ducats - a nod to Shylock the merchant of Venice, you favor for the same reason. (Couldn't resist as Shakespeare was awesome).
We disagree, as you can likely tell and here's why. The devaluation of fiat by way of flooding the country with ever growing amounts of rag or a handful of 3's followed with multitudes of 0's on balance sheets created from thin air is what has occurred when the dollar was decoupled from gold. Gold on the other hand still has the buying power it did prior to the decoupling in ratio to fiat, sans the funny business Oz is doing with gold set price today.
As long as the masquerade continues to be perpetrated upon the masses, no one is the wiser. Those whom don't ignore the fundamentals understand the great and powerful Oz is just a guy working some levers behind a curtain when Toto pulled back the veil.
In short, the family car in the 1970's such as a Chevy Impala sedan could be exchanged for the same ratio of gold as a basic family car does today. The amount of fiat on the other hand has inflated over the same period while gold spot is being artificially suppressed as you noted - you cannot control spot price. Meanwhile Uncle Sugar is still guarding the bullion hoard at Ft. Knox with lots of guns. Something we'll never see is that many guns guarding a flash drive with BTC on it. Food for thought.
Cheers!
@@strykerentllc I don’t question its value - I’m just realistic about its price. I see those two things differently.
@@2is1gold Obviously, hence the question posed that went unanswered.
That wasn’t a hypothetical question? I have posted somewhere in the vicinity of 100 videos now and each of them mentions why I stack.
I think this dude is renting all those gold coins to make videos... like YT investing gurus lease exotic cars to sell their image.
You got me. 😄
Bingo! I knew there was something fishy here with all his flexing ;-)
Trouble selling bars? Huh? Even 1 oz Perth Mint gold bars? Gold is gold. You actually save more money by not buying numismatic coins. Numismatic purchases are usually best left to coin experts who have a thorough understanding of the numismatic coin market.
A lot of trouble selling bars actually. The local shops will buy them but not for a good price, and private buyers are leery where I am. I'd love to buy bars if that wasn't the case here.
@@2is1gold Interesting. Have you tried selling gold bars to one of the well-known online bullion dealers? They typically buy bars at spot.
I haven’t. I don’t worry much about selling options when gold is as hot as it has been. More for when it’s not. Nothing against bars. I just want to be able to move quickly if a need arises. Cheers!
@@2is1gold Cheers! ❤️👍
1st like
Crazy
🥇
God at 20.000$/ onze. If I say what I really think, its very much...
Please save me some money
We can try!
❤🐥⛱️
See you at a possible 2100 gold, 200K Bitcoin next year
On the one hand, that would be great. On the other, what else went down? 😄
@@2is1gold USD lol.
You call 20 francs roosters "unloved gold"? That's offensive, I'm reporting this video to youtube at once.
Did I say unloved. I meant un....der appreciated. 😄
👍
✊