3 Golden Rules for Buying Gold and Silver with Mark Yaxley and Charlotte McLeod
HTML-код
- Опубликовано: 10 июл 2024
- Mark Yaxley joins Charlotte McLeod from the Investing News Network from inside SWP's vault in the Cayman Islands to share his three "golden rules" for buying bullion products. He also spoke about SWP's most popular bars and coins and the merits of vault storage vs. home storage.
#Investing #Gold #Silver
0:00 - Intro
1:01 - Mark's 3 rules for buying physical bullion
5:40 - Physical gold buying trends - east vs. west
9:02 - Tips for buying physical silver and PGMs
11:02 - SWP's most popular bullion products
14:12 - Vault storage vs. home storage
17:50 - Gifting and final thoughts for investors
20:24 - Outro
***
Investing News Network (INN)
Find out more about investing by INN @
investingnews.com/
Follow INN on Facebook:
/ investing.ne. .
Follow INN on Twitter:
@INN_Resource
***
SWP website: www.swpcayman.com
*Remember to hit SUBSCRIBE to receive all our great precious metal videos*
About Inside The Vault:
Expert tips on gold and silver delivered to you directly from inside Strategic Wealth Preservation's Cayman Islands gold vault. This exclusive series provides investors with insights and education about a variety of topics related to owning precious metals:
Coins vs Bars - Gold vs Silver - Which one should I buy?
Gold vs Silver - Which metal is better to own?
Travelling With Precious Metals - Tips for the airports and customs
Shipping Gold and Silver - How to prepare a package for shipment?
Testing Precious Metals - Five ways to avoid fakes
Testing Gold Bars with PAMP Suisse's Veriscan authentication technology
Home Storage vs. Offshore Storage - How much should I keep at home?
Collecting Rare Coins - Expert advice on collecting gold coins
Storing Gold and Silver - At home, at the bank and in a secure storage facility
Going Global - Owning gold and silver offshore
Join host Mark Yaxley, as he takes you inside SWP's Cayman Islands vault, and shares his expert knowledge with you.
SUBSCRIBE TO OUR RUclips CHANNEL FOR ACCESS TO ALL THESE GREAT VIDEOS AND MORE
SWP website: www.swpcayman.com
![Buying Gold and Silver For Beginners [How To]](http://i.ytimg.com/vi/qlLCuUJtw4w/mqdefault.jpg)
400 oz gold bar - stacking GOALS!! That thing is gorgeous!!
Reminds me of the die hard movie with Samuel Jackson where he left the gold bar in the backseat of a Yugo 😂
I’m glad he clarified the delta on 1toz gold coins and gold bars in regards to liquidity.
Majority in my area won’t buy gold bars at all.
By the way, I absolutely share Marks opinion about the insane premium on silver bullions for the moment. Let's say an investor considered silver as an hedge against inflation, I would consider buying silver for 170 USD, just to get 100 USD worth of silver a terrible deal. Gold is much more lucrative if someone consider investing in precious metals.
Thank you for the video.
I really enjoyed the conversation and love collecting precious metals and numismatic gold and silver 💪😎👍🇺🇸💰🙏
It could be gold bars have lower premiums, but you also need to pay VAT on gold bars in many countries, so by that reason alone, gold bars are excluded as investment options in several countries when the government puts 20-25% tax on top of the metal price and the premium for the reseller. The point is; Whether bars or coins is your best option, depends on what market (aka country) you operate in.
Sure glad we in the U.S. don't have that ridiculous VAT bs.
@@ChatGPT1111 Yet
Great info
If you don't hold it you don't own it
Your suggested stack allocation of 60% gold, 30% silver and 10% PGE, are you measuring in troy ounces or dollar value?
My guess is in monetary terms and not weight
Consistently buy and always hold
1st Sir Factsley
I'm starting to make jewelry, already made a few silver bracelets. Thoughts on turning your metals into jewelry? Would it be easier to sell/pawn and with better prices?
Sure. Your labor is free to you. But you'll most likely still only get sub-melt prices for it. Bullion coins are typically but back and a very small premium above spot price, in good condition. Also avoid pawn shops. Use a real bullion dealer.
@@chiil034 Interesting view, on Quora the pawn owners say 10%-50% above spot for jewelry (depending on workmanship and level of design)
This is important. Also in silver and gold facets on clithes or furniture. Theres many personal uses for silver and gold.
Make the jewelry. Hunks of metal are worthless. Something handcrafted, beautiful, that has real utility and can be worn and passed down is far more precious than a brick. Better yet, make some utensils too. If things really get bad those metals are worth nothing to me. But something that helps get food to my face is priceless.
I’d highly recommend buying 9999 maples/buffalos and eagles. Anything else isn’t as liquid and might get you less than spot.
Not even eagles gets you spot
@@cocotico9997 everyone else gets more than spot from Eagles why not you?
@@ponzo1967 not here where I live
@@cocotico9997 use the internet. Just about anyone will offer more than spot on Eagles. Most LCSs are paying 3-6 over spot on silvers. Don't allow whoever that is to rip you off, that's not the going rate.
I have never had to sell below spot, if you have gold or silver I will pay you spot for any product that is verified authentic
How do I get my hands on my gold in your vault,when crap hits the fan and I'm 4000 miles away. In crisis times ,I want my security in my hands ,not beholding to someone else.
Supply
hummm intresting thought .the value is bull btw but reality ariel genevieve perrier lee stanley .
Yaxley's videos are a sure clic. IMO premium is distorted as a buying criteria because you are comparing the price of fake paper metal in the markets vs. buyback prices of real physical metal in real peer to peer sales.
When I decide what to buy I watch buyback percentage (how much money can I recover if I theoretically buy and sell a piece of gold the same day). Good coins and bars such as Maple ounces return up to 93 percent, 5 gram Pamp bars return 87 percent and the average silver ounce 80 percent. Silver bars return a poor below 80 percent. (In my particular market, Spain). Premium is a secondary criteria because people ultimately pay the market price they want.
What you call "buyback percentage" is what he refers to as "spread."
@@ES-mc3cc Thanks for the explanation. Things get lost in translation sometimes, for example billions are different in spanish than in english. Now I can trust my concept of spread.
How do you know the buyback %age/spread?
Canada adding gold? WTF? Pretty sure there is a lot of gold in Canada ;-)
In my case just fantasizing about having gold bullion bars or coins . Hitting the powerball or megamillions LOL just p[ioe in the sky . I wish for a couple mill each in cold cash and another 2 mill inm gold . Don't have to last forever I'm 57 yo . Two million cash would almost certainly last me the rest of my life . Two million in gold os my back up
If they are selling gold and silver way above spot and you can sell it back to them way below spot...how is it a good investment? Silver you buy for 6 dollars above spot from most stores. If you sell it they buy it back for over 3 dollars below spot. Buying metals seems like a huge rip off. The only one making money are the people who are selling it.
I will buy gold and silver in any form for at least spot and any premium products I would pay above spot for sure
💪😎👍🇺🇸💰🙏
@@3B-TM Where do you buy silver of gold for spot or anywhere close these days? If you try and sell they only give you 3 below spot at best.
I bought an ounce of gold when my son was 1, gold was $250 per ounce. Now same ounce is worth $1750. He is now 18.
@@mikejames8031buy generic.999 at the coin shop.
Use safe deposit boxes. Only 0.000008% of safe deposit boxes were compromised last year.
DO NOT WASTE MONEY ON HIGH FEE STORAGE VAULTS
With consistent long-term growth, it seems like you should never sell gold if possible
UK tax laws completely negates your 3 rules for stacking Gold.
It’s government controlling the people. Plain and simple.
The UK is a third world country run by banksters' cartel and your royal family. That is why the three rules for stacking do not apply in the UK.
if you shouldn't tell friends and family that you have silver how are you to encourage them to invest in metals to protect themselves? I'm in a bad way because my own father never talked about money. ignorance is not bliss.
She is just soooooo goddamn cute!!!!!!!
USA tax rate for physical precious metals sale is up to 32% plus shipping costs to PM dealers. Pawn shops offers too low. Any gain less than those physical sale costs is a net loss. Whereas, PMs in ETFs are taxed at 15% long term rates plus minimal advisor and broker fees. Most brokers commission free. In IRAs tax free. There are 1:1 funds that physical delivery is possible if needed. Any ETF losses can offset other Investment capital gains or carried forward. Physical PMs losses cannot be offset on other investments. Will net more in ETFs long-term and especially if trading short-term. Use a reputable and insured investment company and broker. The apocalypse or NWO is a myth and a lost opportunity cost. There is risk with fake or safe storage of physical PMs. Who has time to test all physical PMs purchased? Physical makes no sense as an investment, maybe as insurance against US dollar global currency collapse and hyper inflation.
Exactly, just insurance you hold and have instant access to. Take your metal to the coin shop and get cash for purchases. Taxes come in to play when your purchase goes through the financial network systems, or if you have to claim in your individual tax profile.
Bars? With serial numbers? and when the govt confiscates metal for the third time in US history. What do you do when they come knocking. No joke.
When that happens gold will be priced much higher than today. Take your .999 gold to the coin shop and get cash. Check out Jim Rickards.
They didnt knock in 1933. People brought silver to them. It was their own fault. Those who kept all those coins won in the end.
Not for nothing but the guy may as well just be interviewing himself with these obvious scripted questions and answers.
This guy should be leaving in Europe, I would go to his retail store and buy silver.
Get rid of the orange banner then we can see what’s on the table😡
Many fake gold bars out there.
INSPIRING 💪😍. You are late to the party - *Promo SM*!