Gold bars are way better because you pay less premium. Trust me when you are going to sell they will offer you spot or less no matter the coin. If they offer you more for gold eagles it will be marginal and way less than the premium you payed in relation to bars.
He mentioned this in a different video can't remember which, but bars are harder to sell where he is, the dealers don't like them as they are harder to verify due to different dimensions among other things.
I currently like silver and platinum. Gold is at about 93% of it's all time high. Silver is at about 45%. Platinum is around 40%. Also in my limited experience the premiums on silver can be partially recovered when selling. Dealers are paying above spot.
Silver, as you’ve mentioned before, gets heavy and takes up a lot of room for the value. But, if you’ve stacked anything at this point, we’re all ahead of most people.
@@subaction I don't see that as a high probability but it's not impossible either. BUT... a serious debt-based depression seems likely, IMO. Hence, I stack.
I have 4 ounces of platinum, 2 of them being platinum Eagles which I love. Also I finally got my first gold buffalo. 2022 year. It’s beautiful. Picked it up from my coin dealer last week.
Really interesting thoughts. I never thought about the 1/10th oz gold vs 10oz silver relationship. I like that your channel makes me think, and challenges my own beliefs.
Indeed 👍spot on got me to subscribe this time.1/10 Gold vs 10 ounces silver.That’s where I have been for a good while.Left over cash only maybe couple cheapest ugly Rounds and don’t mind🙏
"I like that your channel makes me think, and challenges my own beliefs." Yes, that really is the best way to learn something new. If all we get is echo chamber noise, nothing new is ever learned and nothing we think is ever challenged. How boring is that?! More people need to consider this aspect of social media, IMO.
I enjoy your videos. I have stacked both silver and gold for a number of years. Several years ago the storage issues with silver caused me to give more preference to the purchase of gold. My GSR is 72.2 and I continue to work on getting it lower while continuing to stack less silver versus more gold. I also find the current premiums on silver to be excessive compared to the levels in the past.
Love the tenth and quarter ounce gold to silver comparison! I never thought of it that way, but it makes total sense. I mostly have silver, but I do have about 5% of my stack in gold, and a few ounces of platinum. I bought most of my silver when I could get it for 16-22 bucks out the door. I bought most of my gold when it was anywhere from $1,100-1,300 out the door. Bought a few ounces of platinum when I could get it for $900. When I say out the door, I mean premiums and all. Wish I bought more when I was younger and gold was $350 an ounce, and you could get an ounce of silver for less than 10 bucks! When I first entered the work force those were the prices. I didn't anticipate gold going up to over $2,000 an ounce. Or I would have bought MUCH MORE! Only bought ten ounces of gold, and 100 ounces of silver back in the early 2,000's. After that I spent my money on girls and fun!😁 I didn't wake up and start buying more until 2018. Which even now I look back and wish I bought more gold, silver, and platinum! I still buy these days when I see a dip in prices. Definitely try to get things that will have a numismatic value in another 20 years. Either way precious metals are one of the best investments I ever made!! Along with real-estate, which definitely paid off. I'm saving my stack for retirement, or if the value of the dollar totally crashes. Kind of like what's happening now. But to anyone that read this comment to the end. Remember to buy yourself shelf stable foods. Things aren't looking good in that department. Get it now while you can. I suggest learning how to put rice and beans sealed in mylar bags with DT earth and oxygen absorbers in five gallon buckets. Once you have a good six months of rice and beans, get some freeze dried food. It's guaranteed to have a 25 year shelf life, I like Nutrient Survival. It's packed with all the vitamins and minerals you need, and it tastes good. Anyone interested in buying it let me know? I don't have any affiliation with them. But I do have a 10% promo code that I got from one of my favorite RUclips channels, Tactical Rifleman. EVERYTHING is going up in price, especially freeze dried food. Because of it's long shelf life, and convenience. If anyone is interested, respond to this comment and I will give you the promo code. Take care everyone! Keep stacking!!!🇺🇸🇺🇸
I have a fairly hefty stack of fractional platinum proof eagles , I must say they look very beautiful in my pile of gold . It's not for everyone but we buy what we like. Video was very nice .
what a lot of people don't recognize is the silver supply isn't low because we're running out of silver. It's low because silver is not very profitable to mine and the demand can be filled through being a byproduct of mining for other metals. The years silver did go up we saw a dramatic increase in mine production as well, driving the price back down. I think it's a healthy purchase if you go with the mentality of being okay with holding it for 30+ years, maybe giving it to your kids. Or as a shtf scenerio. To those buying speculatively thinking there's going to be some massive shortage and they will 10X, they're going to be very disappointed.
Silver and Platinum in the UK attract VAT (value added tax) at 20% were as Gold is VAT free and The Royal Mint coins are also Capital Gains tax free so Gold is the metal that is most tax effective for me. Love the channel and great discussions of current markets.
@@SovereignSaurus In the past, Pt was always priced higher than Au, so when Pt prices dropped below the price of Au, that was considered a screaming buy signal for Pt. Not so these days. Some of the Pt on the market today is mined in Russia, which probably is not helping get Pt to market these days. South Africa is the major Pt producer and produces over 70% of the world's Pt. Russia is about 12%. I've considered buying some Pt coins but can't come up with any reason to do this that are an improvement over what Au can do. That Pt and Ag are identical in appearance is also an issue for me, as I would be buying Pt if it had some unique physical character other than being more dense.
I do and always have loved the look of silver. I used to like the price point too but I don't like the premiums. I have a lot of silver but other than a few collector coins I haven't bought any in over a year due to those premiums. I don't see myself buying any until the premiums pull back more. I own no platinum and don't expect that I ever will (in spite of its rarity) since it's not a monetary metal. I will keep buying gold, though. Since I'm here I guess that goes without saying. 🙂
In my opinion silver is more beautiful than gold, it's also the major monetary form of currency, it's always silver, not gold, but gold has an alurre of its own
I think you are spot on. I have been doing the same with 1/4oz gold since it pulled back. Stacking 1/4 oz gold in a clear tube sure is purty compared to silver!
I picked up a 1/10th AGE again yesterday and the premium was lower than that of a 10oz bar for sure. There are a few 10oz bars in the $260-$270 range which aren't bad - but they aren't the bars I like to stack.
Things have definitely changed. I went a lot of years choosing a 10 oz silver bar over a 1/10 oz gold coin because of premium. Have a good weekend, Florida!
Your point is spot on. Pun intended 😃. I stopped buying silver a year ago cause it just doesn't make sense to me. Gold is still my main target. Thanks 2/1.
I’d never considered the fractional gold coins because of the premiums. I may have to rethink that. Thanks for your perspectives. Always well considered and thought through.
Your opinion on buying precious metals is the most level headed on YT. I quit buying silver back when the "silver squeeze" happened. They accomplished nothing but drove up the premium prices. Right now, I'm "trading" gold assets in the short term but not buying any more physical metals. If I had a choice between physical silver or physical gold right now, I'd buy gold for the very same reason you've mentioned, premiums.
Instead of the ASE I have ordered the Canadian maples instead. I’ve been ordering collectible silver coins with limited mintages lately. I’ve been keeping my eyes out for Gold since I don’t have any. The American buffaloes are gorgeous but we will see!
Good call re: 1/10 eagles vs bars. The premium is nuts these days. I will say I have started buying platinum. In 2008 platinum was around $2,273 and in 2011 dropped to $1887. Right now it’s sitting at around $950. All for 1oz size. I think platinum is potential for some upswing so starting to stack some platinum as well. Too bad platinum is now used in cat converters now so price might not go up as high, but I feel it fits in. Pladium has its place for sure. Just my opinion. Once again great video with lots of food for thought.
Most of my gold holdings are in AGEs and CGMs of 1 oz. weight but I also have several 1/2 and 1/4 oz. gold coins from these same national mints. Won't go smaller than 1/4 oz. due to the increasingly higher premium per oz. nature of the little 1/10 oz. coins and the minuscule 1/20 oz. coins. The 5-10 gram gold bars would be of interest to me if I was into stacking bars.
My ratio (by value) as of today is 66% Silver, 25% Gold, & 9% Platinum... I've just been increasing my Gold & Platinum percentages since March 2020... I've long hit my Silver goals so I am even selling/trading some Silver but not until I can get $40+ per AG/ozt so I may be waiting a while. Good video, I am happy to see you touch on Platinum. Thank you as always!
I agree that gold is the better buy as a tier 1 asset, but did you know that the largest gold mine in the world mines gold as a byproduct? I got started with silver but now that I know about 1/4 gold I don't know I want to go back. It doesn't really make sense, why buy a 10oz bar of silver and pay 30% premium when you can buy actual gold haha. Great video as usual!
Thanks so much for talking about Platinum. I've been wondering what your thoughts were about it as a contrarian investment. Although I've been at it for years it wasn't until I watched with regularity your videos that I really understood the premium aspect was more important than the dollar amount being spent. To that end AG it just becomes bulky and super heavy at a point. AU probably lowest premium, never really considered that til recently. PT I like the inverse relation to gold being that it's upside down price wise. I'll pick up a little on the dips and see what happens. Years ago I never really understood palladium, so I stayed away from it when it was about 250 an ounce. Still not partial to palladium, also rhodium.
Hey 2 is 1 , Bullion Now channel had a live stream today and your channel was brought up a few times... the people writing in the live chat saying that a collaboration episode with 2 is 1 & Bullion Now would be Awesome, even the owners and the guys on the channel actually said if anyone can bring this to your attention... they even said they're fine with people "you" not showing the face and staying anonymous during the episode.. hopefully you guys work something out and do a crossover episode.. Have a great weekend Frank.
I have a little platinum. Some facts; it is super dense, it won't tarnish or scratch like silver, and online it is 10-12% over spot right now, even with Platinum Eagles (my favorite). Yes, right now a challenge to sell if you wanted to. Mintages for 2020 Eagles were 8,177. Low mintages for most, as befits a rare metal. If I got more, it would be just those. They come in a lot of designs that are commemorative. Still, gold is primary and silver is speculative. You should get just one for your collection. I don't think you will regret it.
Where is the link to the sale of your silver? I am curious to watch that one please and thank you. Enjoy your presentation style! Keep up the good work!
Instead of buying platinum eagles look at the new Royal Mints Tudor series. The lion of England is the first addition in platinum, and is much cheaper than the eagles. Plus it will have numismatic value. Just an idea to consider, plus, they really are beautiful coins!
@@americanpatriot6918 thanks man! Appreciate the opinion. And I agree, platinum eagles are pretty ugly and uninspiring. Almost want to hold out for a redesign 😓
@@TheOldSchoolExpert I hear you brother! Just know that the Royal Beasts series first addition platinum coin is far more expensive than it was when it first came out. It's the first in a beautiful series, and they don't make many. So any series that you get the first addition of, especially platinum. Will hold a much higher value than your average Bullion coins or bars. It's always a smart idea to get a first addition coin when it first comes out. It's much more affordable that way. The juice is definitely worth the squeeze, if you know what I mean. 😎👍👍
@@americanpatriot6918 you’re absolutely right. I was buying the Egyptian Gods series of 2oz coins for a while, getting them about $6-7 over spot and recently just sold them for like $30 over spot. The collectibles market is a whole other beast!
Ive always hated silver jewelry,but i love the looks of a nice silver bar.Im personally switching to gold and in my opinion having some platinum and palladium would be smart to stack a little if you can afford to do so just in case it skyrockets in price.Love your awesome videos and advise.
Agreed. Silver premiums have just been out of control. Just been buying Britannias and completing the Tudor Beasts. Outside of that, I’ve moved mainly to Gold Eagles and Gold Bars.
The important comparison was placing the gold 1/4 on the silver 10. Gold is much more portable and convenient. For me having enough silver to trade(make change)for a 1 ounce gold. The rest in gold. Great video again thank you.
Both gold and silver are good to invest Gold is like big long 10x lottery challenge And silver is like hot mess gambling for profit of green sticky stuff
Gold is always the target when I hit the coin shop, I also buy silver kilos or eagles (if priced right) but, those aside, I do have a self control issue when it comes to one special coin, Mercury Dimes. I really love Merc’s & they are probably my single favorite coin. I’ll never buy Roosevelt’s, but if you have a Merc, I’m your huckleberry-
I like the price of platinum , but I don't care for the premiums. The time that I buy platinum is when we have a significant pull back. I have 15 oz's of platinum and I think that may be enough for now.
@@2is1gold Britannias, a couple eagles, valcambi bars, a platypus (Perth), an Ox (Perth), Queens beast Lion, Philharmonics....that's about it. I don't have a maple or a Kangeroo.
Nowadays, only resale value gets me into me of buying silver, and usually gold wins. Last time I found a kilo coinbar with a resale performance as good as Sovereigns so it became a buy, same benefit + the potential of silver. I am aware not to get to heavy on silver because of mobility and weight, storing 720€ in silver cost me 1kg of weight compared to storing 900€ in 16 grams of Sovereigns.
@@2is1gold Yes, it does, but those who only have a couple of dozen ounces don't seem to get it that when one owns thousands of ounces this IS a substantial issue.
Good morning from Texas. Great videos as a fellow combo metal stacker; kinda on a 10 ounce Bar goal… for the kids! PS: Thoughts on the Goldbacks? #video
There are pros and cons for both metals depending how you look at it, for example, with the same $ you can buy more silver than you can gold, for some that's great, you have a bigger stack, after a while that might be an issue for transport and storage though. Pt I've never got involved with, gold is my focus but I do like silver and will pick it up at the right price
Unfortunately, it's a bit of not having much nice to say (so I should keep my mouth shut) but in a nutshell, I think it's way too complicated to try to explain a higher value on a 90% coin when everyone knows them as being what they are: a quarter, a dime, etc. And they stink. 😄
@@2is1gold LOL! As if ANY form of silver was a bad thing to own. Personally, I like the US 90% silver coins and have a lot of them. Of course, they were purchased when silver prices were in the $14-$16 an oz. range and premiums were MUCH lower than now. Not buying much silver these days unless a really good deal comes along. For now, I am only buying gold.
If you pay $250 for a 1/10 oz gold coin that would mean spot for gold at that point should be $2500 an oz. You have to mention that when you go to sell that 1/10 oz gold coin… the buyer will give you at the time, 1/10 of the current spot price. So, if at that time spot is at $1850, they will only give you (if you are lucky) $185.00 for the 1/10 oz you paid $250.00 for. So in the long run save up and buy the 1 oz. Gold coin, that’s your Best Buy.
with silver premiums going nuts ive been gravitating more to gold lately and really when it comes to gold the premiums are not that big of a deal. even though i just started stacking this year just off math standards here a 1/4 oz of gold is becoming a better buy that silver with almost a 5$ a coin premium attached to it. even bars are just getting to be to much. so ive started going gold and hope to hit my first 5 oz's sometime this year. my silver goal was hit last month but just gonna have to hit those deals now. also is the AGE worth it off that premium? i have perth mint 1/4 oz ones and a 1 oz brit which both are awesome coins and i know those will hold even past their premiums but with the AGE being about 120 over spot what is the usual return on those if for example i had to sell it tomorrow?
Thanks for answering my question about Platinum! I agree with you that while being undervalued, it just doesn't have the monetary pull that gold or even silver has. It is even more of an industrial metal than silver. Might as well buy steel or copper.
Platinum is a precious rare metal. Lol, you compare it to steel or copper, alright go ahead and believe that. Platinum is historically double the price of gold and it doesn't tarnish like silver. I'd rather have platinum over silver and someday, people will have the platinum fever when it rises above gold again.
@@lamarravery4094 Yes, Pt IS a PM, no doubt. But it is not a monetary metal and that aspect is important to some who stack PMs. My reading of history is a little different from yours in that I never saw Pt to be valued at 2x the price of Au. Being 40-50% more expensive then Au? Sure thing. In fact, when the price of Pt fell below that of gold, which it did on rare occasions, that was considered a screaming BUY signal by those who follow PMs. I have a lot of Ag, some Au, but no Pt. This is a personal choice and this is mine. You have made a different choice in this and that's perfectly fine. I love this aspect of stacking... it's flexible and we all get to choose what we want to stack, if anything. Having made our choices, however, we then get to live with the results of those choices. We both seem comfortable with our choices but that does not mean that we have to make the same choices. Best of luck with your Pt stack. Hope it makes you a fortune!
I have picked up a couple ounces of platinum as a speculative thing. Will pick up more here and there. If the alternative fuels thing takes off, it might be a hit. Gold is still the main objective.
when airlines are producing their own hydrogen for national flights there won't be enough platinum in the world to fuel the hydrogen revolution along side electric. I'm definitely long on platinum as well.
I stack both, but stopped silver in 2020 as I have plenty of silver. I moved onto gold and see better value do to premiums etc. But Im also a heavy stacker of lead and copper lol. Brass for reloading too. lol
Premiums the last say 3 years has turned me off of any silver that isnt flippable. Ive done pretty well flipping but for stacking Im practically retired from silver. I still hold many ozs though.
My current budget allows for me to get a quarter ounce of gold and a couple silver ounces per month. ($600+/-) but I know that I can do a little creative pruning of expenditures to increase that amount. Thank you for another great video. Forever endeavor my friend.
Your budget is almost exactly like mine. Any reason you chose that ratio? I am usually 95%-100% silver monthly, but am trying to increase my ‘yellow fever’, but not by too much.
@@nick000002 that's right. I COULD stretch my budget to the point where I could afford an ounce of gold a month but then I'd be relegated to eating Top Ramen and watching commercial television. I'm not going to lower my quality of life that much so I'm super comfortable with the quarter ounce a month. I may start buying 2 quarters a month with a little creative budgeting but slow and steady absolutely wins the race. Forever endeavor my friend.
Perhaps a point can be made for diversification. With gold as a monetary metal, silver as a dual monetary and commodity metal and platinum as a commodity metal a mixture of these means the chances are higher that there is always something in one's stack that is decently valued to sell if you need to. A weight wise 0.2 platinum : 1 gold : 15 silver distribution of one's stack seems good to me. But it also seems wise to buy silver and platinum with a higher margin of safety than with gold. As the gold to silver ratio is a little over 1 standard deviation above average and the standard deviation is about 30% of the average, the 30% premium on silver basically negates this trade.
Gold is that wise old grandfather that you never tire of sitting next to and listening to. Silver is that young beautiful child that has yet to see their potential. Platinum is that volatile drunken teenager that gets tossed to and fro by its peers.
I don't mind silver and have a few thousand ozs.. but it just takes up to much space, and it to heavy. I am waiting till the ratio goes down to trade some of it for gold. I do not like platinum as it is mainly used as an industrial metal, and the more we go "green", the less it will be used, and I think the big boys will be dumping it and driving it down. That's not to say that it will not go up in the short term. And when people think of the wealth of nations, it's gold.
No platinum but I'll buy when retail $/oz in >$1000. My silver to gold by oz ratio is 230:1 but I've spent equal amounts on both lately - Kilo bars and Buffaloes. Thanks
Demand for Platinum is declining.......I am steering clear of that stuff..... I'll stick with gold and silver. Gold has much lower premiums, so it is hard to go wrong with that.
What are your thoughts on pre-1933 gold? With bullion, you run the risk of gold confiscation but with pre-1933 gold, you fall into the collectibles category. I haven’t seen you show any pre-1933 gold. Do you own any of it in your inventory?
I have a few $5 Half Eagles, but that's it. Every time I think I'm going to grab a Double Eagle, the modern stuff derails me (because it's typically cheaper). Cheers!
@@2is1gold the numismatic gold tends to be more expensive because of the numismatic content and then with the price of gold added in. My plan is to flip the bullion if I need it but to pass on the numismatic gold to my daughter. There’s another RUclips channel called ITM Trading that I watch and Lynette Zang is of the mindset that numismatic gold is preferable to bullion gold because it’s safer in terms of confiscation risk. It really comes down to buying what you feel comfortable with. That’s how I view it.
@@jamesrobinson8247 Hi, James. I've watched the ITM channel for quite a while and I agree with Lynette about 98% of the time. But I don't agree with her on the confiscation issue. Times change and while the US Gov did confiscate gold in 1933, that was when gold was circulated as money. There is also no guarantee that the current US Gov would abide by the same rules as FDR did in '33. It was also a time when most people trusted the US Gov, neither of which is true today. Also, we have a MUCH more litigious society today and any attempt to confiscate ANY kind of personal property WILL be met with a thundering herd of federal law suits. I believe that the US courts would block any form of US Gov property grab from We the People. Because of this, the issue of gold confiscation seems a non-starter. I prefer to stack more ounces than older ounces, so only buy modern gold coins from national mints, such as the US Mint and the Royal Mint of Canada. I do like the Aussie and British mint products but haven't purchased any because I prefer to buy from the national mints closest to the US. I do like the Mexican gold coins, especially the big 1.2 oz. 50 Peso coin but haven't bought any of them.
My strategy will be the same all year. Buy the gold. If I have extra I'll pick up some silver. But that's mostly for just tying up loose ends and completing collections.
I stack/collect all 3. With the premium on silver as high as it is I'm mostly concentrating on gold and platinum. The one exception are rare and collectable silver coins. I can't shake my habit for the usual. Those Incuse proof and reverse proof Maple Leafs are my version of crack.
Maybe so, Richard, but this is a MUCH less damaging and dangerous form of addiction. The thing that I love about stacking is that it is the only way I can collect something that keeps its value over time. I know that there are some other things that do too but I don't have the knowledge to be a successful buyer of art, land, jewels, etc. When I buy PMs, I don't consider it as spending money but more as converting soft fiat money into hard metallic money. 🙂
The current premiums kill silver. Even in swings up or down with silver, the sale price or premium increase washes any gains you try to make ether way. And if you are using it as a store of wealth… even small amounts of physical gold I always felt was the better of the two. Understood though, Silver is easy and the piece price is low… it’s obtainable for most folks.
Yes, it is and for the small buyers, stacking silver is a good way to go. At least they are stacking something of real value and they'll be better off for it if / when hard times come.
I guess I don't understand shopping certain precious metals depending upon your cash on hand. There is no strategy to the purchase other than where should you throw your money away because you have no expectations.
i've thought about platinum a little bit. kinda think it could be a sleeper asset. there are applications for the metal that could easily drive up its value. ei: hydrogen cars. I personally like gold cause if its stability and value and its a challenge to get. at least for me. I've been able to get a 10oz ag bar for 270 at my lcs. online dealers simply cost too much. 90% silver is nice as a collective/fractional medium or if you're prepper.
"90% silver is nice as a collective/fractional medium or if you're prepper." Agreed. I have a lot of US 90% silver coins and like them a lot. I bought these years ago when they were relatively cheap. Not so these days! Not buying much silver now because my silver stacking goal was completed in 2019. I only buy silver when the coins are really nice and available at a good price. I got 85 AU grade Morgans from a good friend last summer at a price that most vendors were charging for Morgan culls. That was the last silver in my stack. Will buy more if he makes me the same or similar offer. 😀
If they get rid of catalytic converter is it’ll probably crash. But I bought 18 ounces in the last three months because of Russia. Russia and Africa are pretty much the only people that produce platinum and palladium. I had a chance to buy rhodium at $2200 an ounce and I said no and within a year it was at 29,000. I also have a few ounces of ruthenium witches way rarer than rhodium.
I rotated completely out of my physical silver during the silver squeeze hype and captured that premium and bought exclusively Platinum with the proceeds. I wanted to consolidate my stack and platinum has that same industrial component that silver investors seek. Feels weird to not have any silver after stacking for 17 years but I think I made the right choice for my needs. Good luck everyone
@@rockymarcianothe3rd135 thanks! Platinum is the contrarian's contrarian metal right now so if you have time to see it play out I think you'll do quite well.
being stationary is nice because you don't need to worry about carrying your metal in case the political situation goes south fast. (I highly expect it will where I am) Gold packs a lot of value into a tiny package, and that is why I choose to go with gold.
I'm new to purchasing precious metals and have a question. I looked at the premiums above spot for purchasing gold and silver. I see the premium for gold around 5% and silver around 30%. In the past was the silver premium a lot lower? How much do this premiums fluctuate?
Appreciate the video on gold vs silver with some pros & cons. I'm new to the precious metals, just a year into this investment. I have both gold & silver. Some pms veterans out there like David Morgan, seem to be pro gold in our current economic situation with crazy debt and fed's out of control spending. But he is a silver bull as are other veterans of the precious metals sector. The prices on the precious metals sector with a possible reset of the reserve currency from experts such as James Rickard range for gold by end of the decade at $20k to $50k+ per ounce, depending on the cover ratio of the decided amount of US dollars needed globally. I will believe that when it happens. Another expert on gold & silver being Lynette Zang prefers gold for preserving wealth, but is a big believer in silver for barter. Her range on silver during this decade is up to $600. per ounce. Crazy forecasts but a lot of these numbers include whether the federal reserve is trying to devalue or crash the dollar via out of control inflation which I do not believe they are trying to control. Thanks again, very good video.
Just picked up some fractional Arkenstone. My base stack is Adamantium and Unobtanium. Want to get some Spice but the premiums are out of this world. 😁
Because that's not it's only use, and when something is less than half the price of comparable metals for an industry, someone's bound to take advantage of that eventually and send it back into higher ranges. All of the platinum doubters can sell theirs to me.
@@christophernichols9387 I know thats not its only use. But when a commodity has it MAIN use threatened, I would like to know why it will maintain its current value, or go up. I've asked Rob Soltan to do a video about it so that people can be better educated as to WHY it is a good investment. Would you be willing to do a video detailing this prospect? :-)
Platinum is much rarer than gold. It's a beautiful useful metal. The problem with purchasing the one ounce or fractionals is the premium. Tenth ounce platinum kookaburras are selling for $145. Spot is roughly $950, on a historical spectrum it's cheap, but here your paying a $50 premium WOW!
Love this channel. I think the teachings and street smarts are simply awesome and I have learned so much. BUT having been a precious metals assayer and in that business for many years, I know some key points have been missed in this presentation so let me share them with the community. Pt is below Au almost at a 2:1 ratio and this is very low perhaps even historic. So that is likely to represent a buying entry point of a life time. For perspective, look at the other PGEs {platinum group elements] called Pd, Rh and several more. Both of these have had recently huge gains such that the PM dealers like Kitco were looking everywhere for supply. While driven by the catalyst markets, they are likely to be a good speculation in the long term and you can read more about it from the World Platinum Council and other reputable metals sources. Look at the Pd and Rh price trends...they are small markets and can move very very fast. If you apply a buy and hold forever approach you will be rewarded for your patience in the long term - which is what all metals markets really are - long term plays.
3 things 1. Watch silver seekers last vid with coin shop owner in VA. Might change your mind on 90%. 2. If I followed you right, .1 iz gold coins today at under $240 are better buys than 10 silver bars over $145. 3 got my first plat. Coin last week. It was a .1oz 2008 plat eagle
For #2, I like Eagles, gold and silver and 10 oz bars. I don't need any special reason to buy any of those options - it just comes down to premium. When my most expensive gold option has a lower premium than my least expensive silver option, I think it's significant. Means I'm sitting out of silver for a while. Cheers!
I moved the majority of my silver into gold. But you can bet that I hung on to my roll of 2021a! 😉 I have started adding silver back in though since premiums on what I like are down to a cost basis of 25-27oz. That’s what I was paying for eagles when I started; so for my cost basis..it keeps it lower than 28-30+oz. I hit my gold goal early for the year..which gives me a lot of breathing room to be ready for gold dips and accumulate deals on silver. Silver (for me) is still for flipping. Even though I have some that is personally more valuable than gold. Thanks for what you do
Marshall, do you have a certain GSR you wait for, before converting S to G? I want to do this, but have been advised it’s a bad deal until the GSR reaches like 50:1 or something. Thoughts?
@@rjones2651I’m really new here..just shy of two years. I was just buying (mostly silver) without a plan at the start. Primarily out of panic. So as my plan formed, I converted the excess. So yes, 50-1 is ideal. I think it was in the low 70’s when I started converting..it briefly touched 68!?..that was out of luck..not pre/planning. Full disclosure some was a loss or at best break even. But, I really wanted a stronger gold base. China, Russia, India and Turkey are increasing their gold reserves,..🤔why!? There is probably something important in their reasons. When gold was down 3 and 5%, I was willing to take a small loss on my silver to take advantage of that price dip. It helped me to secure my base. Now that both bases are solid and growing, I’ll be on the lookout when GSR gets below 60. Technicals are important because those kinds of drops are short lived and I wouldn’t want to miss out on an opportunity due to hesitation. Now I can be patient…which come to think of it, is a pretty valuable asset itself! I think Silver Dragons has a video that discusses GSR and conversion/swap in pretty good detail. Good luck dude
Catalytic converters will be with us for the foreseeable future. Eventually, all vehicles will be powered by electricity or hydrogen, neither of which need a catalytic converter. But we will still have petro-fueled cars for the next 40-50 or so years.
When will these dealers learn that higher premiums doesn’t equal more money? The goal is VOLUME. The more you sell, the more money you make. The lower the premiums, the more they’ll sell, and the more money they’ll make. Yes, I’m aware of the discounts for buying more at once. But it’s still ridiculously high. I won’t buy silver any time soon with premiums that ridiculous. Even fractional gold is approaching stupid premium levels.
Question: Why no gold bars? Can you do a video on the pros and cons of bars vs. coins?
Preference
Gold bars are way better because you pay less premium. Trust me when you are going to sell they will offer you spot or less no matter the coin. If they offer you more for gold eagles it will be marginal and way less than the premium you payed in relation to bars.
He mentioned this in a different video can't remember which, but bars are harder to sell where he is, the dealers don't like them as they are harder to verify due to different dimensions among other things.
I currently like silver and platinum. Gold is at about 93% of it's all time high. Silver is at about 45%. Platinum is around 40%.
Also in my limited experience the premiums on silver can be partially recovered when selling. Dealers are paying above spot.
Silver, as you’ve mentioned before, gets heavy and takes up a lot of room for the value. But, if you’ve stacked anything at this point, we’re all ahead of most people.
Ahead of most people? Are you expecting the collapse of society or something? We are discussing investments and how they perform.
Yeah, most people have no idea about metals. Cheers!
@@subaction Well, sure. If not society, then my own personal health. Didn’t realize this was such a rigid room. Carry on, amigo.
@@subaction Dude, you don't sound very nice. You can do better.
@@subaction I don't see that as a high probability but it's not impossible either.
BUT... a serious debt-based depression seems likely, IMO. Hence, I stack.
I have 4 ounces of platinum, 2 of them being platinum Eagles which I love. Also I finally got my first gold buffalo. 2022 year. It’s beautiful. Picked it up from my coin dealer last week.
Really interesting thoughts. I never thought about the 1/10th oz gold vs 10oz silver relationship.
I like that your channel makes me think, and challenges my own beliefs.
Thanks!
Indeed 👍spot on got me to subscribe this time.1/10 Gold vs 10 ounces silver.That’s where I have been for a good while.Left over cash only maybe couple cheapest ugly Rounds and don’t mind🙏
"I like that your channel makes me think, and challenges my own beliefs."
Yes, that really is the best way to learn something new. If all we get is echo chamber noise,
nothing new is ever learned and nothing we think is ever challenged. How boring is that?!
More people need to consider this aspect of social media, IMO.
I enjoy your videos. I have stacked both silver and gold for a number of years. Several years ago the storage issues with silver caused me to give more preference to the purchase of gold. My GSR is 72.2 and I continue to work on getting it lower while continuing to stack less silver versus more gold. I also find the current premiums on silver to be excessive compared to the levels in the past.
Yeah, if you've been at it for a while, the silver premiums feel even worse. Cheers!
My own GSR is very close to 90:1 in terms of silver ounces to gold ounces.
Hmmm... does that make it a SGR? 🙂
Love the tenth and quarter ounce gold to silver comparison! I never thought of it that way, but it makes total sense. I mostly have silver, but I do have about 5% of my stack in gold, and a few ounces of platinum. I bought most of my silver when I could get it for 16-22 bucks out the door. I bought most of my gold when it was anywhere from $1,100-1,300 out the door. Bought a few ounces of platinum when I could get it for $900. When I say out the door, I mean premiums and all. Wish I bought more when I was younger and gold was $350 an ounce, and you could get an ounce of silver for less than 10 bucks! When I first entered the work force those were the prices. I didn't anticipate gold going up to over $2,000 an ounce. Or I would have bought MUCH MORE! Only bought ten ounces of gold, and 100 ounces of silver back in the early 2,000's. After that I spent my money on girls and fun!😁 I didn't wake up and start buying more until 2018. Which even now I look back and wish I bought more gold, silver, and platinum! I still buy these days when I see a dip in prices. Definitely try to get things that will have a numismatic value in another 20 years. Either way precious metals are one of the best investments I ever made!! Along with real-estate, which definitely paid off. I'm saving my stack for retirement, or if the value of the dollar totally crashes. Kind of like what's happening now. But to anyone that read this comment to the end. Remember to buy yourself shelf stable foods. Things aren't looking good in that department. Get it now while you can. I suggest learning how to put rice and beans sealed in mylar bags with DT earth and oxygen absorbers in five gallon buckets. Once you have a good six months of rice and beans, get some freeze dried food. It's guaranteed to have a 25 year shelf life, I like Nutrient Survival. It's packed with all the vitamins and minerals you need, and it tastes good. Anyone interested in buying it let me know? I don't have any affiliation with them. But I do have a 10% promo code that I got from one of my favorite RUclips channels, Tactical Rifleman. EVERYTHING is going up in price, especially freeze dried food. Because of it's long shelf life, and convenience. If anyone is interested, respond to this comment and I will give you the promo code. Take care everyone! Keep stacking!!!🇺🇸🇺🇸
I'd take some of that $350 gold too!
@@2is1gold If I could turn back time I would have bought so MUCH MORE!!😎😁🇺🇸🇺🇸👍👍
"After that I spent my money on girls and fun!😁"
Glad to hear that you didn't waste time or money! LOL!!
@@edb3877 😁😂👍👍
@@americanpatriot6918 LOL! 😀
Great job on your thought into this and comparisons of premium
Thanks!
I have a fairly hefty stack of fractional platinum proof eagles , I must say they look very beautiful in my pile of gold . It's not for everyone but we buy what we like. Video was very nice .
Premium and budget play a huge role for sure. Hard to beat gold all around. Great thoughts sir.
Thanks Sal!!
what a lot of people don't recognize is the silver supply isn't low because we're running out of silver. It's low because silver is not very profitable to mine and the demand can be filled through being a byproduct of mining for other metals. The years silver did go up we saw a dramatic increase in mine production as well, driving the price back down.
I think it's a healthy purchase if you go with the mentality of being okay with holding it for 30+ years, maybe giving it to your kids. Or as a shtf scenerio. To those buying speculatively thinking there's going to be some massive shortage and they will 10X, they're going to be very disappointed.
Yep. That’s an extremely inconvenient truth for people spinning the tale. Cheers!
Silver and Platinum in the UK attract VAT (value added tax) at 20% were as Gold is VAT free and The Royal Mint coins are also Capital Gains tax free so Gold is the metal that is most tax effective for me. Love the channel and great discussions of current markets.
Hey thanks!
Yeah, even though buying on the 2nd hand market doesn't attract VAT the premiums are higher to make up for it :)
Platinum is so cheap I think it's worth swallowing the 20% right now.
@@christopherwilson3763 Could be interesting if it rises back above gold
@@SovereignSaurus In the past, Pt was always priced higher than Au, so when Pt
prices dropped below the price of Au, that was considered a screaming buy signal
for Pt. Not so these days. Some of the Pt on the market today is mined in Russia,
which probably is not helping get Pt to market these days. South Africa is the
major Pt producer and produces over 70% of the world's Pt. Russia is about 12%.
I've considered buying some Pt coins but can't come up with any reason to do this
that are an improvement over what Au can do. That Pt and Ag are identical in
appearance is also an issue for me, as I would be buying Pt if it had some unique
physical character other than being more dense.
I do and always have loved the look of silver. I used to like the price point too but I don't like the premiums. I have a lot of silver but other than a few collector coins I haven't bought any in over a year due to those premiums. I don't see myself buying any until the premiums pull back more. I own no platinum and don't expect that I ever will (in spite of its rarity) since it's not a monetary metal. I will keep buying gold, though. Since I'm here I guess that goes without saying. 🙂
Ha, yeah, I had a hunch! (Why is there no "gold" emoji?)
In my opinion silver is more beautiful than gold, it's also the major monetary form of currency, it's always silver, not gold, but gold has an alurre of its own
I think you are spot on. I have been doing the same with 1/4oz gold since it pulled back. Stacking 1/4 oz gold in a clear tube sure is purty compared to silver!
@@goldeneye70 I agree silver looks better! Although 24k gold is also very beautiful.
I picked up a 1/10th AGE again yesterday and the premium was lower than that of a 10oz bar for sure. There are a few 10oz bars in the $260-$270 range which aren't bad - but they aren't the bars I like to stack.
Things have definitely changed. I went a lot of years choosing a 10 oz silver bar over a 1/10 oz gold coin because of premium. Have a good weekend, Florida!
Hi from Australia! Love your vids man! Keep up the good content.
Thanks!
Your point is spot on. Pun intended 😃. I stopped buying silver a year ago cause it just doesn't make sense to me. Gold is still my main target. Thanks 2/1.
Cheers!
Amen to the deductive reasoning, always gets me where I want to go. I love this channel. No rebuttal here my friend.
I’d never considered the fractional gold coins because of the premiums. I may have to rethink that. Thanks for your perspectives. Always well considered and thought through.
Your opinion on buying precious metals is the most level headed on YT. I quit buying silver back when the "silver squeeze" happened. They accomplished nothing but drove up the premium prices. Right now, I'm "trading" gold assets in the short term but not buying any more physical metals. If I had a choice between physical silver or physical gold right now, I'd buy gold for the very same reason you've mentioned, premiums.
Instead of the ASE I have ordered the Canadian maples instead. I’ve been ordering collectible silver coins with limited mintages lately. I’ve been keeping my eyes out for Gold since I don’t have any. The American buffaloes are gorgeous but we will see!
Definitely better premiums than ASEs. Cheers!
Good call re: 1/10 eagles vs bars. The premium is nuts these days. I will say I have started buying platinum. In 2008 platinum was around $2,273 and in 2011 dropped to $1887. Right now it’s sitting at around $950. All for 1oz size. I think platinum is potential for some upswing so starting to stack some platinum as well. Too bad platinum is now used in cat converters now so price might not go up as high, but I feel it fits in. Pladium has its place for sure. Just my opinion. Once again great video with lots of food for thought.
I love the perspective given in this video
Thanks!
Silver AND Platinum!! Both are massively undervalued!!!
I've switched to 1 oz gold coins because the premiums for everything else are insane
That's where I'm at these days too. It's unfortunately the only place premiums are crazy. Cheers!
Most of my gold holdings are in AGEs and CGMs of 1 oz. weight but I also have several 1/2 and 1/4 oz.
gold coins from these same national mints. Won't go smaller than 1/4 oz. due to the increasingly higher
premium per oz. nature of the little 1/10 oz. coins and the minuscule 1/20 oz. coins. The 5-10 gram gold
bars would be of interest to me if I was into stacking bars.
My ratio (by value) as of today is 66% Silver, 25% Gold, & 9% Platinum... I've just been increasing my Gold & Platinum percentages since March 2020... I've long hit my Silver goals so I am even selling/trading some Silver but not until I can get $40+ per AG/ozt so I may be waiting a while. Good video, I am happy to see you touch on Platinum. Thank you as always!
I agree that gold is the better buy as a tier 1 asset, but did you know that the largest gold mine in the world mines gold as a byproduct?
I got started with silver but now that I know about 1/4 gold I don't know I want to go back. It doesn't really make sense, why buy a 10oz bar of silver and pay 30% premium when you can buy actual gold haha.
Great video as usual!
Great minds think alike; what you said is exactly why I switched from silver to AGE 1/10 coins.
Thanks so much for talking about Platinum. I've been wondering what your thoughts were about it as a contrarian investment. Although I've been at it for years it wasn't until I watched with regularity your videos that I really understood the premium aspect was more important than the dollar amount being spent. To that end AG it just becomes bulky and super heavy at a point. AU probably lowest premium, never really considered that til recently. PT I like the inverse relation to gold being that it's upside down price wise. I'll pick up a little on the dips and see what happens. Years ago I never really understood palladium, so I stayed away from it when it was about 250 an ounce. Still not partial to palladium, also rhodium.
Hey 2 is 1 ,
Bullion Now channel had a live stream today and your channel was brought up a few times... the people writing in the live chat saying that a collaboration episode with 2 is 1 & Bullion Now would be Awesome, even the owners and the guys on the channel actually said if anyone can bring this to your attention... they even said they're fine with people "you" not showing the face and staying anonymous during the episode.. hopefully you guys work something out and do a crossover episode..
Have a great weekend
Frank.
Thanks Frank!
I have a little platinum. Some facts; it is super dense, it won't tarnish or scratch like silver, and online it is 10-12% over spot right now, even with Platinum Eagles (my favorite). Yes, right now a challenge to sell if you wanted to. Mintages for 2020 Eagles were 8,177. Low mintages for most, as befits a rare metal. If I got more, it would be just those. They come in a lot of designs that are commemorative. Still, gold is primary and silver is speculative.
You should get just one for your collection. I don't think you will regret it.
Supporting my fellow content creators for the algorithm 🎉🎉🎉🎉🎉🎉
Where is the link to the sale of your silver? I am curious to watch that one please and thank you. Enjoy your presentation style! Keep up the good work!
Whoops! ruclips.net/video/AuBHZjxZnOU/видео.html
@@2is1gold Thanks for the update on that. Have not seen that one, so should be interesting. 👍
I stack gold and platinum equally. I got out of silver completely; takes up too much space.
🤜🤛
I was actually looking at getting some platinum just yesterday! Idk if I want a few eagles or a generic bar. Both have kind of high premiums
I think the Platinum Eagles are ugly. Maybe that's why I'd look to bars. Cheers!
Instead of buying platinum eagles look at the new Royal Mints Tudor series. The lion of England is the first addition in platinum, and is much cheaper than the eagles. Plus it will have numismatic value. Just an idea to consider, plus, they really are beautiful coins!
@@americanpatriot6918 thanks man! Appreciate the opinion. And I agree, platinum eagles are pretty ugly and uninspiring. Almost want to hold out for a redesign 😓
@@TheOldSchoolExpert I hear you brother! Just know that the Royal Beasts series first addition platinum coin is far more expensive than it was when it first came out. It's the first in a beautiful series, and they don't make many. So any series that you get the first addition of, especially platinum. Will hold a much higher value than your average Bullion coins or bars. It's always a smart idea to get a first addition coin when it first comes out. It's much more affordable that way. The juice is definitely worth the squeeze, if you know what I mean. 😎👍👍
@@americanpatriot6918 you’re absolutely right. I was buying the Egyptian Gods series of 2oz coins for a while, getting them about $6-7 over spot and recently just sold them for like $30 over spot. The collectibles market is a whole other beast!
Ive always hated silver jewelry,but i love the looks of a nice silver bar.Im personally switching to gold and in my opinion having some platinum and palladium would be smart to stack a little if you can afford to do so just in case it skyrockets in price.Love your awesome videos and advise.
Great video, thanks for your effort and knowledge.
Cheers!
Love this channel!
Hey, thanks!
Agreed. Silver premiums have just been out of control. Just been buying Britannias and completing the Tudor Beasts. Outside of that, I’ve moved mainly to Gold Eagles and Gold Bars.
Currently I have the gold bug, can't get enough. Taking a break from silver.
🤜🤛
I think I knew your answer here before I even watched the video.
I believe you’re supposed to start stacking rhodium.
Ha! Rhodium seems like a solid target. 😄
The important comparison was placing the gold 1/4 on the silver 10. Gold is much more portable and convenient.
For me having enough silver to trade(make change)for a 1 ounce gold. The rest in gold.
Great video again thank you.
I traded two, 10 oz generic silver bars for a 1/4 oz Gold Eagle a few times over the years. It's a very dramatic difference (in mass). Cheers!
As for me, I’m mostly a silver stacker, but I do like diversity in my stack.
Both gold and silver are good to invest
Gold is like big long 10x lottery challenge
And silver is like hot mess gambling for profit of green sticky stuff
Ha!
Thank you for the info 😊
Gold is always the target when I hit the coin shop, I also buy silver kilos or eagles (if priced right) but, those aside, I do have a self control issue when it comes to one special coin, Mercury Dimes. I really love Merc’s & they are probably my single favorite coin. I’ll never buy Roosevelt’s, but if you have a Merc, I’m your huckleberry-
I like the price of platinum , but I don't care for the premiums. The time that I buy platinum is when we have a significant pull back. I have 15 oz's of platinum and I think that may be enough for now.
What do you buy, PJ? I find the Platinum Eagles to be terribly ugly.
Hey Pudenda 👋. One ounce platinum in 🇨🇦 is just under $1500CAN including the $500 premium.
@@2is1gold Britannias, a couple eagles, valcambi bars, a platypus (Perth), an Ox (Perth), Queens beast Lion, Philharmonics....that's about it. I don't have a maple or a Kangeroo.
@@TheRazzaManazza That's more than I can get it for. I'm looking @$1084 for a Queens Beast Lion, and $1103 for an Eagle. @$1500 Canadian =$1174 US
I like how little room a 1/10th gold coin takes up to store compared to silver 10 oz bar
Love your work
Hey thanks!
Nowadays, only resale value gets me into me of buying silver, and usually gold wins. Last time I found a kilo coinbar with a resale performance as good as Sovereigns so it became a buy, same benefit + the potential of silver. I am aware not to get to heavy on silver because of mobility and weight, storing 720€ in silver cost me 1kg of weight compared to storing 900€ in 16 grams of Sovereigns.
The weight gets wild. Any significant amount of silver gets heavy fast. Cheers!
Resale performance is a great way to look at it.
@@2is1gold Yes, it does, but those who only have a couple of dozen ounces don't seem
to get it that when one owns thousands of ounces this IS a substantial issue.
Good morning from Texas. Great videos as a fellow combo metal stacker; kinda on a 10 ounce Bar goal… for the kids! PS: Thoughts on the Goldbacks? #video
👋 Goldbacks are fun. Not sure about the utility yet, though. I did a video a while back: ruclips.net/video/U4ps0AvvQTE/видео.html
Thoughtful analysis. Agree
I buy platinum I stopped buying silver years ago mostly I buy gold but I do buy PGMs
There are pros and cons for both metals depending how you look at it, for example, with the same $ you can buy more silver than you can gold, for some that's great, you have a bigger stack, after a while that might be an issue for transport and storage though. Pt I've never got involved with, gold is my focus but I do like silver and will pick it up at the right price
1/4 oz gold eagles make the most sense to my current situation.
Also- would love to hear your cons regarding constitutional silver.
Thanks 2is1
Unfortunately, it's a bit of not having much nice to say (so I should keep my mouth shut) but in a nutshell, I think it's way too complicated to try to explain a higher value on a 90% coin when everyone knows them as being what they are: a quarter, a dime, etc.
And they stink. 😄
@@2is1gold LOL! As if ANY form of silver was a bad thing to own. Personally, I like the US 90%
silver coins and have a lot of them. Of course, they were purchased when silver prices were
in the $14-$16 an oz. range and premiums were MUCH lower than now. Not buying much
silver these days unless a really good deal comes along. For now, I am only buying gold.
Your videos are always great perhaps the best on RUclips
I love all three metals
But encourage all to stack some platinum at least 10ozs
Hey thanks!!
Great video 2 is 1...my LCS the bullion bank of Northern Virginia one guy Luvs platinum and I'm thinking 🤔 I need to add that to the regular stack....
If you pay $250 for a 1/10 oz gold coin that would mean spot for gold at that point should be $2500 an oz. You have to mention that when you go to sell that 1/10 oz gold coin… the buyer will give you at the time, 1/10 of the current spot price. So, if at that time spot is at $1850, they will only give you (if you are lucky) $185.00 for the 1/10 oz you paid $250.00 for. So in the long run save up and buy the 1 oz. Gold coin, that’s your Best Buy.
with silver premiums going nuts ive been gravitating more to gold lately and really when it comes to gold the premiums are not that big of a deal. even though i just started stacking this year just off math standards here a 1/4 oz of gold is becoming a better buy that silver with almost a 5$ a coin premium attached to it. even bars are just getting to be to much. so ive started going gold and hope to hit my first 5 oz's sometime this year. my silver goal was hit last month but just gonna have to hit those deals now.
also is the AGE worth it off that premium? i have perth mint 1/4 oz ones and a 1 oz brit which both are awesome coins and i know those will hold even past their premiums but with the AGE being about 120 over spot what is the usual return on those if for example i had to sell it tomorrow?
Thanks for answering my question about Platinum! I agree with you that while being undervalued, it just doesn't have the monetary pull that gold or even silver has. It is even more of an industrial metal than silver. Might as well buy steel or copper.
Yeah, they aren't as shiny, but that's kind of how I see it. Cheers!
Or lead (ammo).
@@keithinaz9769 Brass and lead... the other 2 PMs.
Platinum is a precious rare metal. Lol, you compare it to steel or copper, alright go ahead and believe that. Platinum is historically double the price of gold and it doesn't tarnish like silver. I'd rather have platinum over silver and someday, people will have the platinum fever when it rises above gold again.
@@lamarravery4094 Yes, Pt IS a PM, no doubt. But it is not a monetary metal and that aspect is
important to some who stack PMs.
My reading of history is a little different from yours in that I never saw Pt to be valued at 2x
the price of Au. Being 40-50% more expensive then Au? Sure thing. In fact, when the price
of Pt fell below that of gold, which it did on rare occasions, that was considered a screaming
BUY signal by those who follow PMs. I have a lot of Ag, some Au, but no Pt. This is a personal
choice and this is mine. You have made a different choice in this and that's perfectly fine. I love
this aspect of stacking... it's flexible and we all get to choose what we want to stack, if anything.
Having made our choices, however, we then get to live with the results of those choices. We
both seem comfortable with our choices but that does not mean that we have to make the
same choices. Best of luck with your Pt stack. Hope it makes you a fortune!
I used to want platinum surrounded by a high mileage diesel Volkswagen, but VW screwed that up.
Go get yourself a Buzz! 🚐🌈
I have picked up a couple ounces of platinum as a speculative thing. Will pick up more here and there. If the alternative fuels thing takes off, it might be a hit. Gold is still the main objective.
when airlines are producing their own hydrogen for national flights there won't be enough platinum in the world to fuel the hydrogen revolution along side electric.
I'm definitely long on platinum as well.
@@heisenberg3099 right batteries are too heavy, hydrogen fuel cell only option
I stack both, but stopped silver in 2020 as I have plenty of silver. I moved onto gold and see better value do to premiums etc. But Im also a heavy stacker of lead and copper lol. Brass for reloading too. lol
🤜🤛
Hey 2is1, did you buy a platinum tiger?
I didn't. I considered it.
Premiums the last say 3 years has turned me off of any silver that isnt flippable. Ive done pretty well flipping but for stacking Im practically retired from silver. I still hold many ozs though.
🤜🤛
My current budget allows for me to get a quarter ounce of gold and a couple silver ounces per month. ($600+/-) but I know that I can do a little creative pruning of expenditures to increase that amount. Thank you for another great video. Forever endeavor my friend.
Thanks! 🤜🤛
Same for me 1 Sovereign a month.
Slow and steady wins the race.
Your budget is almost exactly like mine. Any reason you chose that ratio? I am usually 95%-100% silver monthly, but am trying to increase my ‘yellow fever’, but not by too much.
@@nick000002 I like Sovereigns as well
@@nick000002 that's right. I COULD stretch my budget to the point where I could afford an ounce of gold a month but then I'd be relegated to eating Top Ramen and watching commercial television. I'm not going to lower my quality of life that much so I'm super comfortable with the quarter ounce a month. I may start buying 2 quarters a month with a little creative budgeting but slow and steady absolutely wins the race. Forever endeavor my friend.
I stopped buying silver.Going to keep adding more to my platinum portfolio.
🤜🤛
Nice! Thank you kindly.
Thanks for watching!
Perhaps a point can be made for diversification. With gold as a monetary metal, silver as a dual monetary and commodity metal and platinum as a commodity metal a mixture of these means the chances are higher that there is always something in one's stack that is decently valued to sell if you need to. A weight wise 0.2 platinum : 1 gold : 15 silver distribution of one's stack seems good to me. But it also seems wise to buy silver and platinum with a higher margin of safety than with gold.
As the gold to silver ratio is a little over 1 standard deviation above average and the standard deviation is about 30% of the average, the 30% premium on silver basically negates this trade.
Gold is that wise old grandfather that you never tire of sitting next to and listening to.
Silver is that young beautiful child that has yet to see their potential.
Platinum is that volatile drunken teenager that gets tossed to and fro by its peers.
Ha!
I don't mind silver and have a few thousand ozs.. but it just takes up to much space, and it to heavy. I am waiting till the ratio goes down to trade some of it for gold.
I do not like platinum as it is mainly used as an industrial metal, and the more we go "green", the less it will be used, and I think the big boys will be dumping it and driving it down. That's not to say that it will not go up in the short term.
And when people think of the wealth of nations, it's gold.
Yeah, gold is the tier one asset. It's the one that will always be considered wealth. Cheers!
No platinum but I'll buy when retail $/oz in >$1000. My silver to gold by oz ratio is 230:1 but I've spent equal amounts on both lately - Kilo bars and Buffaloes. Thanks
🤜🤛
Demand for Platinum is declining.......I am steering clear of that stuff..... I'll stick with gold and silver. Gold has much lower premiums, so it is hard to go wrong with that.
Same here. I've never seen a compelling case for platinum. Cheers!
Good... stay out please. Works for me and my collection 👍
@@rockymarcianothe3rd135 better get out of it in time
@@niemoikein4330 its the cheapest metal on the planet if you follow metal ratios over last 25 yrs
What are your thoughts on pre-1933 gold? With bullion, you run the risk of gold confiscation but with pre-1933 gold, you fall into the collectibles category. I haven’t seen you show any pre-1933 gold. Do you own any of it in your inventory?
I have a few $5 Half Eagles, but that's it. Every time I think I'm going to grab a Double Eagle, the modern stuff derails me (because it's typically cheaper). Cheers!
@@2is1gold the numismatic gold tends to be more expensive because of the numismatic content and then with the price of gold added in. My plan is to flip the bullion if I need it but to pass on the numismatic gold to my daughter. There’s another RUclips channel called ITM Trading that I watch and Lynette Zang is of the mindset that numismatic gold is preferable to bullion gold because it’s safer in terms of confiscation risk. It really comes down to buying what you feel comfortable with. That’s how I view it.
@@jamesrobinson8247 Hi, James. I've watched the ITM channel for quite a while and I agree with
Lynette about 98% of the time. But I don't agree with her on the confiscation issue. Times change
and while the US Gov did confiscate gold in 1933, that was when gold was circulated as money.
There is also no guarantee that the current US Gov would abide by the same rules as FDR did in '33.
It was also a time when most people trusted the US Gov, neither of which is true today. Also, we
have a MUCH more litigious society today and any attempt to confiscate ANY kind of personal
property WILL be met with a thundering herd of federal law suits. I believe that the US courts
would block any form of US Gov property grab from We the People. Because of this, the issue
of gold confiscation seems a non-starter. I prefer to stack more ounces than older ounces, so
only buy modern gold coins from national mints, such as the US Mint and the Royal Mint of
Canada. I do like the Aussie and British mint products but haven't purchased any because I
prefer to buy from the national mints closest to the US. I do like the Mexican gold coins,
especially the big 1.2 oz. 50 Peso coin but haven't bought any of them.
My strategy will be the same all year. Buy the gold. If I have extra I'll pick up some silver. But that's mostly for just tying up loose ends and completing collections.
I stack/collect all 3. With the premium on silver as high as it is I'm mostly concentrating on gold and platinum. The one exception are rare and collectable silver coins. I can't shake my habit for the usual. Those Incuse proof and reverse proof Maple Leafs are my version of crack.
Maybe so, Richard, but this is a MUCH less damaging and dangerous form of addiction.
The thing that I love about stacking is that it is the only way I can collect something that
keeps its value over time. I know that there are some other things that do too but I don't
have the knowledge to be a successful buyer of art, land, jewels, etc. When I buy PMs,
I don't consider it as spending money but more as converting soft fiat money into hard
metallic money. 🙂
The current premiums kill silver. Even in swings up or down with silver, the sale price or premium increase washes any gains you try to make ether way. And if you are using it as a store of wealth… even small amounts of physical gold I always felt was the better of the two. Understood though, Silver is easy and the piece price is low… it’s obtainable for most folks.
Yes, it is and for the small buyers, stacking silver is a good way to go. At least they are
stacking something of real value and they'll be better off for it if / when hard times come.
I guess I don't understand shopping certain precious metals depending upon your cash on hand. There is no strategy to the purchase other than where should you throw your money away because you have no expectations.
i've thought about platinum a little bit. kinda think it could be a sleeper asset. there are applications for the metal that could easily drive up its value. ei: hydrogen cars.
I personally like gold cause if its stability and value and its a challenge to get. at least for me.
I've been able to get a 10oz ag bar for 270 at my lcs. online dealers simply cost too much.
90% silver is nice as a collective/fractional medium or if you're prepper.
🤜🤛
"90% silver is nice as a collective/fractional medium or if you're prepper."
Agreed. I have a lot of US 90% silver coins and like them a lot. I bought these years ago when they
were relatively cheap. Not so these days! Not buying much silver now because my silver stacking
goal was completed in 2019. I only buy silver when the coins are really nice and available at a good
price. I got 85 AU grade Morgans from a good friend last summer at a price that most vendors were
charging for Morgan culls. That was the last silver in my stack. Will buy more if he makes me the
same or similar offer. 😀
If they get rid of catalytic converter is it’ll probably crash. But I bought 18 ounces in the last three months because of Russia. Russia and Africa are pretty much the only people that produce platinum and palladium. I had a chance to buy rhodium at $2200 an ounce and I said no and within a year it was at 29,000. I also have a few ounces of ruthenium witches way rarer than rhodium.
I rotated completely out of my physical silver during the silver squeeze hype and captured that premium and bought exclusively Platinum with the proceeds. I wanted to consolidate my stack and platinum has that same industrial component that silver investors seek. Feels weird to not have any silver after stacking for 17 years but I think I made the right choice for my needs. Good luck everyone
That's when I moved out of silver too. I had 14 oz left after the second squeeze. Cheers!
Nice move! I sold my bars for platinum but kept the ASE along with constitution coins
@@rockymarcianothe3rd135 thanks! Platinum is the contrarian's contrarian metal right now so if you have time to see it play out I think you'll do quite well.
being stationary is nice because you don't need to worry about carrying your metal in case the political situation goes south fast. (I highly expect it will where I am)
Gold packs a lot of value into a tiny package, and that is why I choose to go with gold.
Definitely a positive for gold. Cheers!
I'm new to purchasing precious metals and have a question. I looked at the premiums above spot for purchasing gold and silver. I see the premium for gold around 5% and silver around 30%. In the past was the silver premium a lot lower? How much do this premiums fluctuate?
You alright buddy? I miss your frequent contribution to the conversation. Hope everything is fine.
Long weekend. Thanks for reaching out!
Appreciate the video on gold vs silver with some pros & cons. I'm new to the precious metals, just a year into this investment. I have both gold & silver. Some pms veterans out there like David Morgan, seem to be pro gold in our current economic situation with crazy debt and fed's out of control spending. But he is a silver bull as are other veterans of the precious metals sector. The prices on the precious metals sector with a possible reset of the reserve currency from experts such as James Rickard range for gold by end of the decade at $20k to $50k+ per ounce, depending on the cover ratio of the decided amount of US dollars needed globally. I will believe that when it happens. Another expert on gold & silver being Lynette Zang prefers gold for preserving wealth, but is a big believer in silver for barter. Her range on silver during this decade is up to $600. per ounce. Crazy forecasts but a lot of these numbers include whether the federal reserve is trying to devalue or crash the dollar via out of control inflation which I do not believe they are trying to control. Thanks again, very good video.
Just picked up some fractional Arkenstone. My base stack is Adamantium and Unobtanium. Want to get some Spice but the premiums are out of this world. 😁
Your comment made my day!
I find the Unobtainium hard to come by.
I have some platinum, but with its main use being lowered because of electric vehicles, I'm not sure why i own it now. LOL
Because it's shiny!
Because that's not it's only use, and when something is less than half the price of comparable metals for an industry, someone's bound to take advantage of that eventually and send it back into higher ranges. All of the platinum doubters can sell theirs to me.
@@christophernichols9387 I know thats not its only use. But when a commodity has it MAIN use threatened, I would like to know why it will maintain its current value, or go up. I've asked Rob Soltan to do a video about it so that people can be better educated as to WHY it is a good investment. Would you be willing to do a video detailing this prospect? :-)
Food, tools and other barterable assets are good too!
Silver spot price doesn't mean a thing. Spot price maybe $22, but my local shops are buying them for $30 and selling them for $39.
Yes.
Ha!
I personally think Gold is a better option.
I got 4 ounces of platinum back in 2021 and made no money lol. Its cool though and held its value though. I think it will go up in the future.
Platinum is much rarer than gold. It's a beautiful useful metal. The problem with purchasing the one ounce or fractionals is the premium. Tenth ounce platinum kookaburras are selling for $145. Spot is roughly $950, on a historical spectrum it's cheap, but here your paying a $50 premium WOW!
Love this channel. I think the teachings and street smarts are simply awesome and I have learned so much. BUT having been a precious metals assayer and in that business for many years, I know some key points have been missed in this presentation so let me share them with the community. Pt is below Au almost at a 2:1 ratio and this is very low perhaps even historic. So that is likely to represent a buying entry point of a life time. For perspective, look at the other PGEs {platinum group elements] called Pd, Rh and several more. Both of these have had recently huge gains such that the PM dealers like Kitco were looking everywhere for supply. While driven by the catalyst markets, they are likely to be a good speculation in the long term and you can read more about it from the World Platinum Council and other reputable metals sources. Look at the Pd and Rh price trends...they are small markets and can move very very fast. If you apply a buy and hold forever approach you will be rewarded for your patience in the long term - which is what all metals markets really are - long term plays.
Good info. Cheers!
3 things 1. Watch silver seekers last vid with coin shop owner in VA. Might change your mind on 90%. 2. If I followed you right, .1 iz gold coins today at under $240 are better buys than 10 silver bars over $145. 3 got my first plat. Coin last week. It was a .1oz 2008 plat eagle
For #2, I like Eagles, gold and silver and 10 oz bars. I don't need any special reason to buy any of those options - it just comes down to premium. When my most expensive gold option has a lower premium than my least expensive silver option, I think it's significant. Means I'm sitting out of silver for a while. Cheers!
Eagles at 11.50 to 14 over spot I'm out. I'll do the 90% and suffer through with 22× but eagles are way over priced
Good observation thank you..
I moved the majority of my silver into gold. But you can bet that I hung on to my roll of 2021a! 😉 I have started adding silver back in though since premiums on what I like are down to a cost basis of 25-27oz. That’s what I was paying for eagles when I started; so for my cost basis..it keeps it lower than 28-30+oz.
I hit my gold goal early for the year..which gives me a lot of breathing room to be ready for gold dips and accumulate deals on silver.
Silver (for me) is still for flipping. Even though I have some that is personally more valuable than gold.
Thanks for what you do
Congrats on hitting that goal. Great spot to be, watching for the real discounts. Good luck!
Marshall, do you have a certain GSR you wait for, before converting S to G? I want to do this, but have been advised it’s a bad deal until the GSR reaches like 50:1 or something. Thoughts?
@@rjones2651I’m really new here..just shy of two years. I was just buying (mostly silver) without a plan at the start. Primarily out of panic. So as my plan formed, I converted the excess. So yes, 50-1 is ideal. I think it was in the low 70’s when I started converting..it briefly touched 68!?..that was out of luck..not pre/planning.
Full disclosure some was a loss or at best break even. But, I really wanted a stronger gold base. China, Russia, India and Turkey are increasing their gold reserves,..🤔why!? There is probably something important in their reasons. When gold was down 3 and 5%, I was willing to take a small loss on my silver to take advantage of that price dip. It helped me to secure my base.
Now that both bases are solid and growing, I’ll be on the lookout when GSR gets below 60. Technicals are important because those kinds of drops are short lived and I wouldn’t want to miss out on an opportunity due to hesitation.
Now I can be patient…which come to think of it, is a pretty valuable asset itself!
I think Silver Dragons has a video that discusses GSR and conversion/swap in pretty good detail.
Good luck dude
What’s your thought on catalytic converters? Dealers can’t keep enough of them on the shelf near me!
Catalytic converters will be with us for the foreseeable future. Eventually, all vehicles will be
powered by electricity or hydrogen, neither of which need a catalytic converter. But we will
still have petro-fueled cars for the next 40-50 or so years.
When will these dealers learn that higher premiums doesn’t equal more money? The goal is VOLUME. The more you sell, the more money you make. The lower the premiums, the more they’ll sell, and the more money they’ll make. Yes, I’m aware of the discounts for buying more at once. But it’s still ridiculously high. I won’t buy silver any time soon with premiums that ridiculous. Even fractional gold is approaching stupid premium levels.
IMO gold is money so I mostly save gold, including fractional. I have some silver and plat to speculate on monetization/industrial demand.
I pick up 3 10oz RCM bars every month @ about a 15% premium. I also pick up a 1oz gold coin every other month @ around a 3% premium.
Where do you find RCM bars at 15%?
@@2is1gold my local coin shop
I’ll just double what you get 😂💪🏽