If I Had NO Gold & Silver This Is What I Would Buy TODAY!
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- Опубликовано: 29 ноя 2022
- #Gold #silver #preciousmetals
Hindsight is a wonderful thing and my 7 years buying gold and silver has given me a lot of interesting experience to draw upon. The problem with investing in gold and silver right now is that the market is very daunting. So much choice. So today I share what I would do if I had nothing right now and what my best picks would be for gold or silver or both. Of course, these are just my opinions and not financial advice so please bare that in mind when making your own decisions!
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Thanks for watching and I will see you next time!
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For a newbie I'd stay away from eBay etc and stick to a reputable dealer as gold is expensive and so people like to counterfeit them
Well said.
Alot of ebay coins are sold by reputable dealers, just don't buy from random people
@@hosehead3179 fair point but as a newbie you are unlikely to know what a reputable dealer is , or the many scams that happen on eBay.
@@seminumismaticguy8575 do they have eBay bucks anymore. The 5-10% bonuses?
@@MetalBum I think they got rid of it.
When i first started buying gold and silver, it was to protect my money from myself loll. I was young and a big spender.
Looking at my stack, its worth quite a bit.
I'm here in Philippines do you know any reputable dealer that can shipped silver in Philippines..like you I don't trust government fiat currency
this is what i do! its like a savings account that takes a lot of work to touch haha
@@redenjrpamaybay1253I'm moving to Philippines next year. Did you bring bullion with you? I'm trying to figure out the best way to get my stack there with me
Having stacked too much silver v gold your advice on sovereigns rings true to me. I think you are exemplary in your conduct and honesty which is a blessed relief from the pumpers and deceivers littered on YT. Thank you.
I was able to pick up Brittanias for USD $25 and low change on Cyber Monday. It was the same price or cheaper for generic silver, so was quite pleased. I don't think we're going to see that again for awhile.
That was a nice way to spend a little time. Thank you Mr Backyard.
Beautifully done.
My pleasure!
Yeah , I've NEVER paid taxes on ANY coins i have ever sold. I stay local and i do not trust usps to mail my gold . Too many packages getting lost or stolen. Stick with a dealer that is fair and pays cash . Lol when it comes to my gold , i leave the government out of that ! Hahaha !
@@jaredroussel My point was .. never mail your gold to ANYONE . Sell to someone local in your area . Plus , selling your gold on ebay or any other online marketplace .. they take a nice percentage of the total . So , if you were to sell a 2 gram gold nugget on ebay for say 185.00 , Ebay will take close to 20 dollars of that amount.
Thank you for that information, new to stacking although I have bought a fair lump of silver my attention was turned to sovereigns and have acquired a few inside my budget. Will continue when funds allow. Thanks again.
Thanks for your input on your thoughts of stacking. I'm trying to diversify when I buy, a little at a time. Not saying your right, and I'm wrong or vice versa, but I believe we all have different goals and taste that persuade us into buying certain types over others.
My pleasure!
You’re right it’s very hard to outweigh heart. I also agree with you with silver. The problem with silver right now and even gold for that matter so the premiums. If you can get silver rounds/coins at $1-$2 over spot go for it. Most coins are going for $10 over spot and silver will have to go up a lot to make it back. It may go up this year but it’s still pretty risky.
Thank you so much for doing this video. While I love watching with interest you talk about the bigger and more expensive pieces it's great you've taken the time to enlighten the beginners like myself among us.
I recently bought my first small pice of poured sliver from BYB and the service was second to none. It arrived beautifully presented, boxed and with its own certificate. I can see the effort you have put into it from conception to delivery. Thank you. Keep up the great work.
Thanks so much my friend, I appreciate the feedback and support of my poured silver!
Great information all the way to the end of video😊 appreciate what was said at the end about the fear selling tactics
Thank you sir. Im just getting ready to start stacking and this video was actually a big help. N looking at the older sovereigns they look great.
byb rambler here, love the messages you spread and that you actually care about what words youre putting out there
I think commemorative proof crowns are a good investment. I just bought a 1977 Queens Jubilee .925 silver crown with case and COA for damn near spot price. It's common, but really stunning. A new 1oz silver Britannia bullion coin (same weight) is almost double spot price, even direct from the Royal Mint! An oz of silver is an oz of silver. I'm purely stacking as a hedge against inflation and a store of value, not really for numismatic value. I also started buying a few victorian silver coins, but only if i can get them near spot price. I also have an Aldernay quarter gold sovereign, low mintage. Nice. Thanks for the info!
Only started collecting a couple months ago and just found your videos, just subscribed. Thanks for the advice.
Late on this one. I was working on a similar video and looked back at my past stabs on the topic. Interesting how quickly it changes - what I said a year ago is already outdated. I'm jealous of your CGT exemptions, by the way. A bit jealous of your Sovereign market as well. We just don't have a comparable choice on this side of the pond. Cheers!
I'm glad you mentioned about the capital gains, i have some gold and silver bars after paying the high VAT i was under the impression that "investment" gold and silver was gains tax exempt. Better to keep my investment out of the UK 😅
Years ago when saving money for house deposit, I bought gold and silver mainly all on ebay and purely based on getting as close to spot as possible using ebay auction sniper service. I made a profit on everything and paid for my entire home deposit by selling my horde of metal.
Hi newbie to this. Where do you sell your metals at? Hope this isn’t a stupid question.
Could have went the other way, yes could have lost everything, stacking from eBay is a risk
You have to sell to a precious metal guy you have in the area or a precious metal shop. Also, if you don't have the tools and knowledge on how to fully test gold and silver, i would never buy on eBay. Additionally even with proper test tools and knowledge I never buy more that 1/10 oz of gold or 1 oz of silver from a person so if it turns out to be fake there is less on the line as part of the ebay claim... Additionally, I would only trust buying from well established US shops that have stellar seller ratings.. finding a trusted local shop is best and safest.
@@meshackin The Royal Mint ship to the US, so you’ll have all the original packaging, original letter etc, long term, all premiums plus more will be made when selling
Many thanks for the great info.
Thank you. I'm a new stacker and appreciate the tips
Thanks, It depends, here in Mexico the 50 pesos gold coin is highly appreciated and looked for 😅
I unintentionally started to stack fractional gold because I’ve been using the gold pesos as pendants and have worn them around my neck like jewelry . Pesos are more worth it to me just for the jewelry aspect . I’ve had a few offers to buy my pendants off me because people don’t genuinely understand how much their worth and how they themselves can order the coin and pendant .
Thanks for the level-headed commentary without the hype. Subscribed.
Excellent video many thanks for your expertise with gold.
I started stacking on 2020 and I am the worst in getting sidetracked into collectibles hoping a few will hit over the top over a period of time. Love the Queen's Beast series.
Me 2 I'm like..."ten ounce Boba Fett coin you say?"
🙋♂️😬
Agreed
No no no.... generic rounds... 10oz bars, until you have a few hundred ozs...seasoned stacker here...
I’m in US and been stacking 1 oz Krugs but came to the same conclusion that I wanted some smaller fractional gold so have been stacking .1867 weight euro 20 francs and going to purchase some sovereigns as well. Keep up the good content. Cash is trash in the US and losing value every day.
I love your videos. Please keep making more. I like that you are very grounded about the precious metal and not hype factory
Thanks for advice ❤your videos
It's definitely tough to balance what is and isn't a 'good deal'. Even without the high premiums, I feel like many times I am buying metals knowing that I could not turn around and sell it back for the same price. If I take it to an LCS I will likely take a hit on the premiums and if I sell it for a bit more on EBAY, then there is 15% fees as well as shipping to deal with - not to mention the higher risk. I am pretty new to metals and I am realizing more and more that it is definitely more of a 'savings' and a long term investment.
Great to hear from you buddy, wise learning happening here!
eBay is a good platform to sell, but their fees and commissions are killing me. I can't figure out one thing on eBay. A person buys something from me and pays tax, and I can't understand why eBay takes 15% of his tax from me? I understand the buyer pays tax, but why does eBay take 15% from amount of his tax from me?! 🤔 They are basically just stealing money. 🙂
For me it is a hedge. Moms tend to insure back up...just in case, so I don' t sweat the premium. When, and if the dollars go, silver beats toilet paper.
I keep hearing gold is good saving and not an investment. Gold was under 300/oz in the 90's. That a 600% increase in 30 years.
Gold up 5% in the last 24 months so.......yeah. .....saved
My first purchase was 5 one oz silver incused Indian, followed by a full tube from Sunshine mint, then a full tube of mint sealed Maples. Decided to go for weight so I switched to 10 oz bars.
Awesome, thanks for sharing
Are 10 oz bars harder to sale?
@@BadWeatherfreak I think not. I sold 5 each 10 oz bars in 2012 for spot which was twice my purchase price years earlier. I won't sell for less than spot and I have a few premium bars (RCM &Britannia) which I expect to get higher. Have 1 oz rounds if smaller amount of dollars are needed. The 10 ounce bars would be for major transactions. I won't go higher than 10 oz bars for stacking. Also my LCS prefers keeping them in their original wrapping.
Bullion dealers will buy bars all day long no problem. Ive heard if theyre giant size bars they smelt before they pay
This is the best bet 👍
Thanks for those bonus rambles brothrr. Theyre useful😊
Thanks for this great info, been looking to buy for a couple of months but still haven't had courage to do it. Will do more research before buying.
Glad it was helpful!
I’ve come to a similar conclusion. I’m trying to buy only full sovereigns and half sovereigns. New or old doesn’t matter to me, I do love the old ones but that’s just aesthetics. I bought some 2022 ones just so I had the queens head on them before Charlie gets on there.
Thanks for the input , I enjoy your videos and appreciate any advice / guidance. It’s good to read all the other responses , the input, knowledge, and experiences. Thanks to you and all others . Question : budget wise I’ve stacked government silver; maples ,Austrian philharmonics, etc… I moved to Gold but bc budget constraints I’ve being buying the 1/4 ounce Gold. IE; 1/4 oz St. Helena Rose Gold Guinea’s . Are these a good investment or should I switch to 1/2 ounce gold ? Please any response Is welcome . Thanks
Enjoyed the ramble at the end, as a noob you just earned a sub because of it, cheers.
Thank you for this video, starting my own journey and this was very helpful and informative, looking forward to learning more!
Glad it was helpful!
The 50 Peso gold coin is an absolute joy.....and trades well over spot....Krugerrands are a great coin too.....nothing wrong with stacking Krugers.... a sturdy and nice piece of gold.
That’s good to know, my wife was given 3 of them by her grandmother
Often go to the coin dealer saying I’ll buy a gold Britannia or a Maple Leaf, but end up buying a couple of historical Sovereigns instead. They’re just cheaper individually, and a lot more fun. Always thought I was just not a very effective ‘stacker’ and was being tempted away by the numismatic aspects, but interesting to see you’ve reached the same conclusion as me. ;-)
Agreed, I also made a number of poor purchases when starting out. I hope I am somewhat wiser these days :)
Thanks for another video
Great video.
A good portion of my gold has come from local estate auctions, most reputable auction houses sell gold and silver in their general weekly sales, and it pays to check their catalogues, the other week I was fortunate enough to win a 1/2oz gold philharmonic for $900AUD plus 16.5% commission making the final cost a shade under $1050AUD (Approximately £600), it doesn’t happen all the time but on occasions you can grab yourself a really good bargain there.
Great to hear, thanks for sharing.
I couldnt care less what the metal looks like or what form it comes in my goal is always to get as much metal as i can for a certain price
Wrong. Bars are easy for
Mixing in inferior metals??
@@holly52ful What are you going on about? 99.9 is the only metal I will buy and what most people will buy, if it's got inferior metals mixed in then I don't want it, I didn't say what was wrong as what was right I said what I care about and what I care about is getting as much silver or gold as I can for a certain price, I would much rather get say for example 2oz of shitty looking 99.9 gold bullion for say 3500 than I would get 1oz of really pretty looking gold coin for the same price, I'm looking for gold and silver at the lowest possible premium and could care less what it looks like as long as it's 99.9 or finer than I'm happy, you clearly know absolutely nothing about stacking, if you are buying from a trusted seller then you don't have to worry about people mixing in inferior metals as you call it, my advice to you is too stick to something you actually know a thing or 2 about rather than calling somebody wrong on youtube when you have no clue what your on about
@@MrJamesstott on going on about that it’s easier to fake a bar of gold than a coin!!
Bonus Ramble was ace! Cheers for this mate.
Glad you agree!
Thanks, first time on the channel, very truthful and honest- good for you mate.
Thanks and welcome aboard!
My biggest stacking sins are buying a silver kilo bar, two 10 oz Beskar silver ingots, and two bleeding edge spanish Lynx gold dobloons from 2022. Hahahah I don't regret it tbh. Feels so lavish, like my own little kingdom.
Constitutional 90% silver is also a great way to get into stacking without huge premiums, for people who aren’t able to get into gold yet. Totally agree with the 1/4 oz gold as the way to go, if possible!
@@dentside78 Great question, here is the general calculation:
Silver value = spot price of silver per oz x (face value of 90% silver coins x 0.715)
So for $10 face value of silver quarters today that would be = 24.32 (10 x 0.715) = $173.88 in silver value, or roughly 17 X face value.
You can expect to pay a little over spot for 90% coins from dealers and most Facebook group sellers, more like 20-22 X face value.
It's the cheapest fractional. Most of the time generic one ounce rounds are actually cheaper per ounce.
13:19 This silver bar is just mesmerizing! 🤩👌
I also enjoy gold nuggets , especially the very unusual ones , mostly for the fun of it and the rarity. Yes , I have over paid on some nuggets , but I just love them .I pull them out and just look at them under a magnifying glass , so interesting and beautiful.
I’ve been buying bars since I’ve started collecting ( only gold ) been tempted to get a 1 Oz Britannia but I’m not sure wether that is a good move, I do like sovereigns but I have a gold fever for 24k only so far 😬
Me (as an American watching a Brit complain about taxes): "Were we not justified?!"
Nice ;)
@@dickdangle1963 Thanks! I know it's a joke with a quarter millenia old punchline but I thought it fit well. Lol!
Good one!
And look at us now! Taxed even after death.
Lol. Just so everyone know the US still pays taxes to the crown. It’s a fallacy the US is still a crown colony just like Canada and Australia New Zealand and more.
This is the first video I watched from your channel. It was great.
I am a prepper and have been stacking silver since 2012. After a few years I sold all the government bullion and the only things i stack now are mercury dimes and Krugerrands because they are the most recognizable gold and silver coins to average people. I have some other junk silver but the vast majority is in dimes.
I disagree, Krugerrands are globally known and we're (until the maple in the late 1980's) the premier gold investment coin for the world
I look up at the sky at night, I see silver stars. So true, it's subjective, what works for me is it's a gamble and yet an insurance (hopefully). I think next year is when the world changes .
Excellent, thank you.
Sovereigns are wonderful. On a dark winter's night you can light a candle and pour your stash through your fingers, cackling wildly as you do so.
Interesting video and although I personally stack gold exclusively and own no silver bullion it is worth mentioning that in the past silver has spiked high (though only briefly) before falling back to its usual value. With silver it really is about timing and knowing when to offload so as not to miss out on a handsome sum of money.
Thanks my friend, appreciate your comment.
What do you mean by usual value?
Please tell me you’re not only looking at the past 40 years… add couple more zeros and you’ll find out Roman soldiers were paid 1/10 of an ounce per day. $1 silver in 1890 was $100 today. minimum wage in 1960 was six silver quarters which equivalence to be around $25 in Silver today. That was ALL before we used Silver for everything electronic/green energy. It can’t be replaced. Gold is infinite and stored in hordes. All you have to do is look at the historical average for the past 2000 years. Wake up!!!!!
@@asktheuniverse2718 That’s nice, but how is this helpful to investors today? Smart investors don’t consider data from hundreds if not thousands of years ago (if we can even have reliable data on commodities etc from so long ago) only that which is relevant in the time period in which they live. Your comments regarding gold is also nonsense.
@@asktheuniverse2718 Gold infinite? Not really guy. A lot less gold is on earth then silver, hence the price. I don't know where your getting your info but I would look elsewhere.
@@asktheuniverse2718 Also people horde silver also and a lot more of it. How many people do you know that have a 1000 ozt of gold stashed away? Not many. How many have 1000 ozt of silver. I bet 1/3 of the viewers have that. Nations horde gold and for a reason.
Hey backyard b. Good show as always. ❤ I agree w your views.
Thank you, for making this video.
Glad it was helpful!
Gold also has the advantage over silver in that you can carry substantial value on your person , but would require a vehicle to move the same value in silver. Then there is obviously the storage volume required for silver.
Totally!
Good video, a friend who lost her husband a few months ago asked me about investing a little into gold, I adviced her to buy gold sovereigns and since doing so gold is hitting record levels. Major countries are buying huge volumes of gold before the dollar and world economies collapse and digital currency is thrust on us all.
I agree
Lol.
Nicely done!
Great info thanks
Glad it was helpful!
with the cost of living how it is right now, id be surpised if people still had big budgets for Gold/Silver. I'm struggling to stop myself from buying ATM, but im staying strong as I know I cant really afford much right now.
Thanks for sharing!
I think the second hand market for silver in the uk through TSF for example is pretty healthy and means you can avoid most of the tax premiums, I wouldnt buy new and there is more volatility risk which can be a potential benefit too. Im stacking both; silver is easy to purchase satisfying lumps and as long as they're well liked i dont think it would be too hard to shift them.
Gold is definitely more of a head purchase and 1/4 brits/qbs and sovs are where i mostly focus, with a few nice foreign coins to spice things up, generally it does deliver less of a dopamine hit though. Im weighed more towards silver right now but front loaded with pieces i liked, i'm closing the gap over time and by the end of next year expect to have more value in gold.
I steer clear of proofs, i dont doubt they will continue to be a valuable market and understand how scarcity can effect price but i get enough satisfaction from bullion and it serves my aims of saving something that is liquid but high enough friction to ensure i dont waste the money.
On the bucket list once ive got a decent collection of fractional coins is a cast gold bar, totally impractical and pretty illiquid but something like a perth 5 or 10oz would be art and investment.
Thanks for sharing your thoughts, a good read!
I enjoyed your comment. I have used a fairly similar strategy in the three years that I’ve been stacking. I’ve bought mostly sovereign coins when I could get them at a low premium. Lots of BRITs and some maples. I have one tube of American silver eagles, despite the high premium, just because, well, I’m an American.
And then I did get into some more collectible coins. I really got into the Queen’s beast series and paid an absurd premium for a few of the older 2 ounce coins, but it’s pretty satisfying to have the full collection of 2 ounce coins. And they seem to be increasing in value.
I also really enjoy the 10 ounce British coins. There’s something so satisfying about their mass and heft. And I’ve been able to pick up quite a few of those at fairly low premiums.
Anybody out there want to buy a 10 ounce Yale coin? 😂
@@mmpatriot2170 I’ve just been finishing off the QB collection, our premiums on some of them are so high in the UK that I was considering buying in the US through eBay. I also really Scottsdale too, definitely my preferred bar, just wish they were more widely available in the UK or at least with a sensible premium - we really have a weird ecosystem for silver in the UK
This is the first video I watched from your channel. It was great. I am glad I was recommended it. I like to buy some old UK gold coins.
Thanks and welcome to my channel!
Before I get into stacking I thank you because, I did not know they tax it. So thanks for the heads up
I’ve been stacking unknowingly since I was born. There was a tradition in the family to gift half sovereigns in special occasions, to the kids.
I was never into fractional gold. When I started buying my horde, it was always crafted as an ‘when all else fails’ tool. Now, there is a risk to gold in this scenario: Researching history of gold confiscation, investment gold would be a prime victim. That brought me back to coins. As a historical coin collector, the attraction of older gold coins was also a factor. So the stack of both gold and silver coins now fits into the collection. I go beyond half and full sovereigns… there is also the European unified issue, with Francs, Mark, Lira, Crowns, etc… some of them are beautiful as the Swiss 20fr or the French liberty.
I also find very good silver decorative and older household items, very close to spot price. It completely out of fashion, so people are selling it sometimes below spot for silver content. It’s heart breaking to see…
Every time I see a video touting gold and silver, I go and buy platinum......Keep pushing gold and silver....it's working for me.......
Brilliant example. Brilliant show. Great content.
Love the bonus ramble!
Thanks!
Iv changed my strategy so many times and 'Head v Heart' seems to be the question I should have asked myself every time.
I'm settled now, it is indeed sovereigns, a choice of Monarchs and dates, and having duplicate dates means having to part with them isn't a regretful experience.
To satisfy my desire for design, its diffrent design britannias and a full set of 1/4oz Queens Beasts with a 1oz QB Completer as a centerpiece.
Thanks for sharing!
@@BackyardBullion BTW, I've persuaded my not so dearest and no more nearest to buy sovereigns so I know how many she's got.
I also now know in future turmoil, she cannot justify pleading destitution.
Always sovereigns for the win!!! That's all I've ever collected
They are awesome
Thanks for the info. I did stack some collectable silver, junk silver, and gold. As a investment PM are not that good, but OK if used as a hedge.
One thing I would say, If you're buying silver in the 10oz bar range, even if silver dips you're typically able to dollar cost down quickly where as 1oz Gold for most people you make your purchase and you can't turn around a week later and just follow the down market.
I don’t see silver as “risky”. I see it more as volatile…. Meaning; great opportunities to buy into a sector that has zero counter party risk.
I'd just buy silver using dollar cost averaging...buy some now, wait a few weeks or months, if it has dropped, buy some more, if not just hold on. And for a pure silver play, I think kilo silver bars are the way to go. A lot of silver for the money but not so huge or expensive as to be prohibitive.
I'm looking to diversify around £10-15000 in precious metals. Originally I was attracted to silver Britainias but a quick conversation with Bullion by post soon changed my mind. You pay 20% VAT on silver coins. You can buy VAT free silver for direct storage but you pay a storage fee. Gold Britanias are VAT free and only about 4-6% ish above spot. The older more unpopular coins you buy the closer to spot they are. Sovereigns are the same.
The VAT rate in Germany is 5% (just saying) ;p
Not much help when importing to UK is 20%
If you don't have it in your hand the stock may not even exist.
Get the real thing and pay the vat because only then you are sure what you bought is real and it exists.
You are buying a precious metal...don't you want to have it at your hands? (physical product)
@@giannaras2010 VAT is only paid on Silver, Gold is VAT free.
A good take; I agree regarding silver. My only point of disagreement is that some of the limited edition fractional bars can have a nice, reasonably short term increase in value.
I buy mainly gold and platinum and been stacking since 1978, have a lot of silver but most of it I bought when it was under $10 per ounce.
I love the way the presenter couldn't go more than 5 seconds without touching his collection. He moved the silver especially on the left side.
The condition is called "this is mine".
My precious
If given the opportunity to buy a 1oz Britannia or 10x 1/10ths what would or should I buy? Confused because the 10ths work out more expensive!
My goal it to tuck away all my current and future wealth in physical and for all intents and purposes ( big brother)
Be skint.
the bonus ramble was worth it
Just love reading some of the posts and there content, you make me smile. How’s Mrs. Backyard just thought I would ask as behind every stacker there’s a mine. Lol.
Mrs BYB is very well thanks!
I just started looking into the concept of stacking metals. Thinking that dipping my toe into the water with physical metal is a bit risky. Maybe putting a bit of my IRA into miners (for the leverage aspect) is good in my situation. I really like the stack of gold you are showing on this video, though. That is pretty sick.
Rule #1
If you don't hold it, you don't own it
Miners only outperform the metal on brief occasions, Northstar Badcharts show a great chart on this. Combo of high quality metal etfs and stacking, like the other comment, if you dont hold it you dont own it. Only a small number of miners outperfom, Alamos for gold has done well since gold bottomed, and Wheaton PM for royalties, but they are up a lot, so buy on a reasonable pullback. Just be careful, after a few years I've learned the hard way!
I bought a couple of Australian Kangaroo 1oz gold coins 8 years ago. Are you saying gold coins are bad to have? I don't care so much about what the coin face show - but I expect the coin to be as pure gold as it can be. So in worst case I can melt it and it is still gold. I don't understand why you talk so much about the outside of the coins? Isn't the point of owning gold coins the gold value?
For me, the weight is the main value, but if I can buy something collectible at a few % more, there is a better chance of it being worth more if the dollar doesn’t collapse.
First I don’t normally buy either silver or gold based on the design. I buy it based cost. I had a monthly subscription each month but after looking at surcharges and shipping I stopped the subscription and bank the cash and each quarter I buy enough to spend what I accumulated. This way I pay one shipping fee and sometimes I get a lower surcharge based on quantity. Also most services offer newly minted/casted bars and round but also offer a random option I may get a new sealed bar/round or a redeemed bar/round with a random design. Most come sealed but a couple were tarnished however that is easily polished if needed. I normally only choose specific designs on the bars and rounds I’d priced the same. I only buy a legal tender coin if it’s a good deal or design means something special to me on rare occasion
Couldn’t agree more with the bonus ramble.
Thanks so much, really appreciate you saying that.
We appreciate the lack of gormless face shock horror thumbnails. And also your intergrity in not shilling. I can only reward you with my thanks and by always watching till the end.
For me it has always been simple. I stack a small amount just in case the global financial system does ever fail, so I have a means to transact until things normalise. So it's purely functional / utilitarian - bullion brittanias and some sovereigns for smaller denominations. Wee bit of silver for the same reason. Probably never needed, but best to have a wee bit of PM's just in case.
Thanks for watching to the end. I really appreciate your feedback on that side of things. Never will this channel be like that.
Great information, though you neglected to mention how price plays a role. If I’m able to find a buy on premium metals at a discount and either flip them or hold them (assuming I feel comfortable the premiums will hold), I’ll do that every time.
Nice video! What's your thoughts on half sovereigns for a starting point ?
Ramble on, amigo! 🤙🏻
Thanks, will do!
I put gold and silver bullion in the same box as real estate. It's only worth what someone is willing to pay for it. Gold and silver just tend to hold their value better than other things. Silver, I prefer to hold as a commoner's money, and the gold for "wealth".
Thanks for sharing your thoughts!
I’m new to this ‘sport’ and I think I view it as 5% the silly doomsday scenario happening and that whole spiel, then it’s maybe 90% enjoying the beauty of it all and the odd feeling of knowing I possess it! The final 5% is mildly hopeful of financially breaking even if needed or making money, but also hopeful to pass it to heirs, and in the end I enjoyed it. Gotta buy a ticket, to take the ride…
That 5% scenario has been playing out with 100% accuracy to date... just sayin. Might want to check out Grand Theft World and the Corbett Report.
keep stacking
I have stacking silver but also buy the collectables. Some of them are beautiful.
Stop telling the dull-ard"s what's a good buy. It's hard enough finding good sov's at the moment! (Hehe)👍
Ha, yeah well if they/you find some let me know!
Win or learn, never a loss🙂
I love to buy sovereigns and I do feel the same way about the old VS new. I buy quarter Oz 9999 when I get a good price. I sray away from ounces for liquidity reasons
The old ones are so much better!
Wish I’d seen this before I delved in but thank you.
As a newbie I didn't understand much, because you talk a lot, yet I would love to have some of your coins. They looks amazing!
Great video