Starting Over with No Gold, Here is What I'm Buying
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- Опубликовано: 28 дек 2023
- Starting over with no gold, here is how I would buy today. This can be seen as a starter video or a video meant to demonstrate what's changed in gold stacking over the years.
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Disclaimers: I am not a financial advisor, a CPA or an attorney qualified to give financial advice. Nothing I say is meant as professional or financial advice. I'm just a guy on the internet, talking about precious metals. This is for entertainment only. If you're looking for financial, tax, legal or other advice, please seek out a professional. I will NEVER ask you to send me money to trade or invest for you. Please report any suspicious emails or fake social media profiles claiming to be me.
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Thank you!
More on this idea - here are the specific details of all the gold I bought in 2023: ruclips.net/user/shortsCKHCkmMsYQQ
I have been stacking since 2008, just an ounce every so often. I met my wife-to-be in 2011. I found out she had also bought gold for the same reason as me. This mindset has kept us together through marriage and two kids. We bought and sold an overpriced house, converted much of the earnings into gold, and bought a smaller house, and have our gold (and some silver) to pass down to our children. Our children receive a gold or silver coin in their stocking every Christmas. If I had to start over, I think I would do the same thing.
man you got lucky finding your wife
@@davidholubetz177True. Though I still encourage everyone to get a prenup.
Great story!
@@davidholubetz177 I agree, finding his wife was strucking the gold mine.
As a person who could not save more than $300 without spending all of it, silver has helped me save where I could not. Now its just a battle to maintain the purchases, and not be side tracked to the next cool looking thing.
It's really good that you found something that is valuable, lasts, and is a great store of value for your savings. I look at in that way too. I never had any trouble saving, as that
was ingrained in me by my depression era Mom. She was among those who suffered terribly from the 1930s depression, so knew a lot about how to manage any money that
she had. She was a ferocious saver and a miserly spender. She passed that on to me, so I've always lived below my means, saved the rest, and became a pretty fair investor.
Thanks to all that, I was able to see that earning a good amount was great but finding a way to protect that wealth from the thief of inflation was also important. 2008 was
my Wake Up call. Shortly after that I started buying some silver, very slowly at first and eventually 250-300 ozs. at a time. 10 years ago, I started buying some gold. Man, I
wish that I had bought more of that $1100-$1200 an oz. gold! lol But I didn't have lots of free cash available, so started slowly and ramped it up as I could. It's been an
interesting journey and, hopefully, a very worthwhile one. I like silver a lot but am waiting for the GSR to fall to 40:1 or lower so I can trade about 2/3 of my stack for gold.
I'll try to do that in stages of 10% of the silver stack, so if the GSR drops further, I can follow it down and get more gold for the trades. If it moves higher, then I will be
happy with what I have at that point. I don't stack silver anymore unless I can find a really good deal on something that I really like... like high quality Morgans, 1964
Kennedy halves, and proof statehood quarters from the early 2000s. Such opportunities are rare but they do happen from time to time. I have a cash stack just in case
something comes along that looks good to me. Meanwhile, I buy a few ounces of gold every quarter, more on the dips, and am hoping to reach my gold stacking goal
sometime in late 2024 or out to mid-2025.
I stumbled upon your channel about 2 weeks ago and today I started my gold journey by buying 2011 1oz eagle at local dealer. Thank you, man.
Absolutely understand where you are coming from. I buy very small amounts of silver because here in the U.K. it’s subject to 20% sales tax although the secondary market prices are reflective of this too. But for example this Christmas I had only £300 so I bought a half sovereign and spent £100 on Silver coins.
This is the way . 😎
I wish I could up my stack to gold, but affording anything above a 1/10th oz becomes nauseating. One day though.. hopefully haha
I bought a kilo as 10 100g pamp bars from apmex in 2009 in the high 900s. I sold them all back within a few months after it hit 1000. Probably if I had it to do over again I'd have buried them
I've been stacking silver for a couple of years and will be making my first gold purchases starting next week.
1/4oz Maples sound like the way to kick this journey off.
Thanks, and Happy New Year! 🥳
keep stacking Gold is expensive but doesn't take up a lot of room in comparison to silver
@@jkly495 Agree that gold is concentrated wealth. That makes it portable and easy to grab and go in an emergency situation. I've bought gold and silver at high, low,
and in between prices, so probably have a decent average price. I'm OK with that. I know that one cannot always buy at a low and sell at a top, so try to keep what I pay
for PMs to a practical medium. I tend to buy more when PM prices are down and less when they are high. My usual buys are from 2-5 ozs., so when prices are high, I
will buy 1-2 ounces and when they are low I will buy 4-5 ozs. In a real pinch I will pick up some 1/4 and 1/2 oz. gold coins. My stack is all in Maples, AGEs, and some
Britannias... probably in about a 60-30-10 mixture by ounces. This is not great variety but it is the ounces that keep me interested and not what's stamped on the coins.
Happy New Year!
Maples are a great choice!!!
I’ve been purchasing 1/4 at a time lately too
It’s buffaloes and Britannias for me. 1/10 Britannia per week, one buffalo every three months. I try to buy no matter what the spot price may be.
I will continue to buy 1 1/10oz gold eagle every month, no matter what the price is. If my budget gets better, I’ll stack more eagles, 1 oz to 1/4 oz. 🇺🇸
Personally I look at it as savings for a personal emergency to help my family restart. So I keep it simple, Maples and Buffalos. If you are buying, it needs to be done thoughtfully and not out of fear . Wishing you and your family (and everyone who watches your channel) a Happy New Year.
Yeah who the fuck is scared.
@@amgems8 Mostly those who don't understand the math of inflation and national finance / debt.
Well put. Happy new year!
The Maple's should be call the Canadian
Fractional gold premiums are going to get outrageously high as spot goes higher. Fewer people will be able to afford larger weights, so fractional will be in greater demand. Save for the full oz or larger sizes if you can.
Good point.
Absolutely and the sole reason I mostly buy quarter and one tenth ounce Britannia's. Filling tubes steadily over the years and trying to find the lowest premiums and with no need to liquidlise them any time soon.
I do occasionally buy something that takes my famcy but that's rare and pure indulgence and I don't worry too much about the returns.
I do love the US coins but they don't sell as well in the UK and the premiums can be eye watering.
@@rjim1 Most eye watering in the UK PMs area is the VAT on silver... but not on gold. Doing that makes
it pretty clear that those in charge buy gold and not silver, so they don't care if silver is heavily taxed. 😕
@@edb3877 indeed, VAT on silver and platinum in the UK is borderline criminal in my opinion but the peer to peer market isn't too horrendous as any online "dealers" who are VAT registered can buy in bulk, get their 20% tax back and then charge a small margin to the buyers. It's not ideal but it's better than nothing.
As you probably know, the price comparison with official dealers is substantial to say the least and that keeps a thriving market going on Facebook and the like.
My metal portfolio is far under 10% in the silver coloured metals anyway and that percentage is only decreasing as time goes by but I do have a soft spot for silver and platinum and will happily grab some bargains and sought after bits when I see them.
I do also think that platinum will probably be a good medium to long term investment and having some beautiful numismatic pieces doesn't hurt either. This is what I tell my wife anyway! 😁
Theoretically if I were to start over it would be buffs and eagles only. Realistically I own way too many collector coins and high premium gold, and to my chagrin, jewelry.
Yep, straight basics win. Cheers!
@@2is1gold It is interesting that the more basic an investing plan is, the more likely it is to succeed. Using DCA, for example, is pretty basic, yet tends
to work well. Diversification is also pretty simple and also works well. Regularly saving cash, regularly investing, and spending carefully also work well.
Great video, I recently started buying gold/silver again. After selling a large amount to help fund my restaurant. I've been purchasing mostly pre 33 gold $10 and $20 since the premiums seem to have dropped.
I'm just staying the path. Slow and steady wins the race.
🤜🤛
I started buying metals this year and your advice has been sober and wise, I thank you for that. I have been mixing in some platinum maples and volatility aside looks like a good purchase. I know you don't seem keen on platinum but would be curious to your thoughts on platinum. Great channel thanks for the content.
Love this message and the comments
As a U.S. gold stacker I am buying 1 oz AGEs and Buffaloes and have an amount of 1/10 oz AGEs from about 5 years ago. I would also buy 1 oz. Maple Leafs if the buy/sell spread favors the ML over the U.S. gold by more than 1%. Also, if I can net out well under what dealers pay for 1 oz bars I have purchased a small amount of the Costco bars since July. I generally DCA each month but may delay or up buys by 2X depending on the spot pricing trend.
As always...great show . Thanks for the info man.
Thanks!
Great video brother thanks for the info have a happy new year 🥃🥃🥃
Thanks Nate! Happy New Year!
Happy new year brother. I stacked 2 Oz worth of 1/10 eagles this year and feeling pretty good no longer having a zero position.
Love the channel. UK based. Just started my gold journey at 23 by buying my first coin a few days ago. I bought a 2022 Jubilee Sovereign at a pretty high premium. My thoughts behind buying this is that I believe this coin, long term, will increase its premium given the fact that it was the last Jubilee year of Queen Elizabeth as well as being the last year of her life itself. Also, I was previously planning to get the 1/4 ounce Britannia 2022 coin, but it is sold out. Perhaps people also had the same idea of it having a high demand in the future. Nevertheless, my next coins to follow will be much nearer to spot price.
Its good info on percentages... buying regularly an DCAing is a good message. Ppl will end up with quite alot of their net worth in gold by buying regularly. Certainly more than the recommended.
Sound advice from a great channel. Thanks
Thank you!
Sincere thanks!!
🤜🤛
Like always excellent content, respect & love
Thank you!!
I love your guidelines. I also have a 1 ounce target per month so constant thinking on how to do this. Bought a Lunar 1oz and love it. Took your advice, zo thx again.
🤜🤛
Thank you for taking the time to make this video, your videos keep me well informed and motivated to save.
🤜🤛
I started with Pre 1933 certified MS coins. High premiums for sure but I would do it again. It has a larger buyer base and better liquidity IMHO.
Cheers!
I haven't bought any $5 or $10 liberty heads in 10+ years but those never got sold because they seemed so cool. even now it looks like you get the $10s within 10% of spot
I’m going to continue to stack gold and silver. I’ve said this on a previous post but my finances have changed and now I can but 10gram bars a month. I’ve been stacking silver since 2017 at $13-$15 oz. I got my first monster box in 2019. I started stacking gold in 2018 at about $1,200 oz. I stated buying 5 gram bars in 2020. My finances allows me to buy a 5gram bar each month a year to acquire 2 ounces a year buying 5 gram bars a month. It takes 31.103 grams of gold to equal 1oz of gold. I started buying 10gram bars in August 2023. Starting January 2024 I’m going to start buying 10gram bars each month a year to acquire 4oz to end the year.
Many years ago I had the good fortune to own a 10 oz Pamp Suisse Fortuna bar. God it was pretty ! That was back when spot was under $1000 so that whole bar was about ten grand in value. A LOT of money at the time, esp for someone like me who didn't have much extra cash. Reason I'm writing the comment is that when I went to sell it, local coin shops weren't interested because it was so much money and then they would have to find someone who wanted that special / expensive bar. I ended up selling to one of the online shops, who didn't value it too high :( Moral of the story is like 2is1 said, think about who is going to want to buy it when you go to sell. Numismatics or high relief or big bars may seem cool but there is not a huge market for them. You'll never go wrong with 1 oz Eagles or Maples, as well as most of the other main 1 oz coins and bars. There's always a market for fractionals too, because the price is a few hundred bucks as compared to a few thousand. Problem with fractionals is the premium you pay when you buy - will you get that back when you sell ? Maybe not.
Completely agree. 10 ounce silver bars are my limit but I accumulate mostly 1 ounce coins/rounds.
Best video you’ve done. Really useful information and I agree completely.
Thanks!
2023 has been a great example on how dollar cost averaging, be it based on cost or weight is so beneficial. Consistency is key.
I’d pretty much do what I’ve done. I’d buy 1oz Buffalos or Eagles whenever funds permitted, and once I hit a critical mass of bullion coins, I would switch to AU/BU Pre33 Double Eagles, and sprinkle in some fun pieces in between (ancient gold, foreign gold, etc).
If I was starting today I'd stick to one ounce coins primarily because you generally can't beat the premium. For fractional I'd buy Brits or possibly Maples since that's the home town coin for me. I did a lot more waiting this year than buying which was a change for me. I was fortunate that I pulled the trigger pretty much at the bottom of the market twice in 2023. I've been doing this for a while so I'm pretty well positioned with metals so while I plan to continue buying I'm not going to feel compelled to buy when prices are high. Instead I'm hoping for a bit of a low key run up in gold prices this year. Thanks!
I did a lot more timing this year too. Cheers!
2024 is the year to get 24k gold! I got 4x 1/10oz gold currently. My last gold purchase was a 1/10oz at Maple at 210 vs. Eagle at 260.
I just needed to up my gold weight.
I was fortunate to do almost all of my stacking from 2014-2019 when prices bottomed. I don't have any regrets with any gold purchases but I do have regrets with silver. When I started stacking, I was premium adverse. I wanted as much as possible with the lowest premiums. I bought 100 oz bars rather than paying $2 more per ounce for Eagles. Today, I regret that decision.
I would definitely keep my regular buying routine. Agree I would turn away from the 1/4 oz AGE for a cheaper alternative and stick with the 1 oz buffalos, eagles and maples.
I only buy the .999 or better. Maples and Brits are my fav for bullion. Then the lunar from Perth for the cool coins at a premium. Queen’s Beasts are also cool but expensive now.
Hi and thank you for sharing your thoughts, knowledge and good advice. What I’d like to know please, is if the two inverted head and shoulder formations in the TA charts affect your purchasing and if so how? (YY-MM-DD) 1 - the larger one from 20 08 03 to 23 12 04 & 2 - 23 08 23 to December 2023. Best regards. Richard.
Great video as always 2is1 🎉
IMO ladies & Gents don’t be shy to buy & don’t get stuck waiting for prices to drop looks like $2k + is the new norm and from there only going up happy gold buying …
Currently the Philharmonic’s and King Charles 2023 are the lowest priced”four 9’s I can find. We had a writers strike last summer which shut down studio work for quite awhile. Very thankful I had put coins aside for that. I still remember that podcast you talked about selling a couple coins in retirement to keep things comfortable. Great plan . I’ll be getting full retirement SS soon but still working so I plan to buy with that check so when the day comes I do stop there is that stack to help. Thanks for the advice!💪
Augmenting my retirement income and making sure that I have something that can cover the property
taxes are my main goals for gold stacking. Anything left over will be available to the kids and grand kids.
Cheers!
Best option is to buy cheapest % premium coins like silver malpe leafs.
Then see how many money does the glounce of gold costs. Then sell equivalent silver you got and buy gold coin
I have mostly 1oz gold 🍁 as for the rest, 1oz bars, double eagles, half eagles, Krugerands, Britanias, then I have indian head gold, 2.50, 5 dollar, ten dollar, and Russian gold rubles and Cdn Centenial 20 dollar gold pieces.
Excellent advice… would not have considered brits or leafs as fractionals first before the gold eagles but it makes sense.
🤜🤛
Pre-1933 US Gold AU.
I have been stacking sliver primarily this year because i just actually started stacking. I did buy a few 1/10oz coins in gold when i dipped around October just to have some gold, but at this point I am only interested in buying 1oz coins either Eagles, Buffalos, or Maples and i want to get them as a means of diversity in my savings, not because i think they will shoot to the moon but primarily because i believe they will hold my purchasing power in tack better than my cash with is guarantee to get hit by inflation. At least with the gold, it may go down a little, but it also could go up an hedge against inflation robbbing my cash holdings purchasing power.
Good plan. Cheers!
I would have only bought gold and no silver - too heavy and no movement
Yeah, silver didn't have a good year.
Happy New Year !!
If I knew then what I know now, I would of started by stacking 5 and 10 oz generic silver and gold bars because they have less costly premiums compared to fractional metals like grams and 1/2 oz etc. If you bought grams of gold that equaled 1 oz. within one year of stacking all that and compared to just buying one whole ounce of gold, it does show a difference in premium costs between the two.
Thank you for the video.
Happy new year!
@@2is1gold Same to you my friend.
Thank you for the stacking update. I began doing AGE and Buffalo but switched to maples because premiums seem too high with spot being higher.
Glad to hear vote of confidence that you would have maples and Britannia fractional now
🤜🤛
I save cash to purchase real estate, I buy between 1 1/2 to 2 oz a month of gold while I'm waiting...
Nice!
How rich are you
@2is1 Hey I appreciate your time and effort, I'm sure you don't hear that enough. I've enjoyed your presentations great thank you kind sir.
Hey, thank you!!
Good advice, thank you sir.
I would stick with AGE and Maples
Thanks for the video. I’ve been buying AG/AU since 2003. All 1oz eagles and Kruger’s. I prefer eagles but Kruges have no sales tax in Nevada. If I were to do it again I would spread it out more and go heavier into stock market. I wish I had never bought mining stocks.
I really like quotations and have saved a lot of the really good ones in a computer file for reference. Mark Twain was one of my favorites. He once wrote that, "A gold mine is a hole in the ground with a liar at the top." From that I assumed that Mr. Twain once invested in a gold mine that went bust. lol Anyway, while I do invest in stocks, mutual funds, and ETFs, I
haven't ever bought a mining stock of any kind. It's not that one can't make money there, it's just that one needs to know a LOT about the mining industry, the people in it, and the
governments of the countries where the mines are located. IMO, mining shares embody the worst features of stocks and PMs, so are not something in which I would invest money.
I'd far rather hold the physical metal than the shares. I could see speculating in some mining shares with a small portion of my investable wealth but that would be about it. A safer
way to do this might be to buy a mining ETF or mutual fund. While this would cap the potential gains, it also would cap the potential losses to something more manageable.
Why do eagles have a tax but krugs do not? Very odd. When I visited NV earlier this year, I made a large ish purchase because of no tax which was nice.
It looks like we will come off the "right shoulder" just in time to meet up with the winter doldrum, so I believe we will have a slip back down to the low/mid 1900's right around mid-Feb again. But, after it recovers from that dip, I do believe the >$2K prices are here to stay and will likely accelerate, kinda like the DOW back in the day constantly flirting & dancing around that 10K mark, but once it really broke the ceiling, it was off to the races. With all of the inflation, I think we're due for another massive overreactive catch-up like from '77 to '79 and from '03 to '11, then the customary pullback after the overcorrection.... I'm thinking $2500-$2700 after the dust settles in a few years.
What a great way to start the day with another .9999 fine 24K 2 is 1 video. Thank You Sir.. Life Is Good.....God Bless
Thanks BDH! Have a good weekend!
Great video, as always! I am the odd one that maples and Buffalo's are my tubes for the most part. 1/2 oz age are the ones i am trying to fill the tube now when price makes sense. Lobe the lunar series and have a few....ok, really jealous of your set lol. I slacked a few times and did not pull the trigger and regret does set it. God bless you and your family and a prospectus 24.
🤜🤛
I never ave used it as a investment but I've turned 20 to 30 % on everything so far and started this time at 1280
I wouldn't change nothing I buy what I like if it gets old I sell it otherwise I'll give it to my children for fun, and I'm adjusting my budget down cuz it gets 2 b alot
I just started stacking with a 1987 Panda. I liked the low premium, unique design for the year and it's .9999 purity. I think I'll stay with the 24 carat coins going forward. Your $500/mo example is realistic for many people I bet.
This is a great channel. I'm a silver stacker mostly plan on switching to gold in 2024
Cheers!
Happy New Year's 2!
Yes - HNY!!
I haven't bought in awhile but when I was buying, I bought US $5 gold commemoratives pretty heavily. I got some good deals.
EXCELLENT CHANNEL.... GREAT POSTS ⭐⭐⭐⭐⭐
Buffalo's , eagle's & kugrian.
Small amount just my budget .
High premium on the Buffalo's the kug. A lil bigger smaller
premium.
I always enjoy the info . And has helped me get onto just getting started .
Just a small plumber trying to make a few gains where i can in the midwest.
Thx. 💯 💶
Starting over with new lab. Refining other’s discarded treasure produces lovely ingots. Gonna need larger castings.
Fun
Would you recommend a more steady, monthly buy in smaller coin amounts at higher premiums or more of a "save for a bigger coin every few months", approach?
Canadian maples( queens face), buffalos, and UK brits( queens facr) are my choice of coins.
Always superb advice and without trying to sound overly hyperbolic this channel helped me more than I can articulate! I literally went from being financially iliterate and irresponsible with money to focusing on investing and planning for my family's future.
I'm so gratefulI I found this content years ago as it lit a fire in me that has and will continue to benefit myself and my family for decades to come. Cheers! 😊
Love to see that. Happy new years!!
@@2is1gold happy new years to you and your family too!
I’ve got 70% RCM minted silver coins. And 76% RCM minted gold. All the rest is US minted or bar stock. If had a do over I would stick to US minted coins only.
Thinking in terms of "percentage of portfolio" or in terms of "how much gold will I need in an emergency" are both legitimate ways of thinking. They're both legitimate strategies. I would just understand each strategy, how it works, the logic behind it, and choose which method is better for me. You can also do some combination of both.
Legitimate for sure. Just very specific to place in life. Cheers!
" I would just understand each strategy, how it works, the logic behind it, and choose which method is better for me. You can also do some combination of both."
I like this approach in general but the combo looks like a great way to hedge the risks inherent in both stocks and PMs. I have stocks, ETFs, and mutual funds for growth
of capital and PMs as the insurance for those paper investments. Both have their function and the combo seems to work pretty well, having done it for the past decade.
I'd still buy fractional eagles when the prices are high, and full ounces when the prices are lower. Thanks for the video.
I actually just started stacking 6 months ago. It's strictly buffalos for me. I did grab a 2023 American Liberty High Relief too
🤜🤛
Wish I would have bought more of the 2023 High Relief American Liberty Gold Coins. The US Mint has been sold out for months ARG.
I’m thinking strongly about exclusively buying gold in 2024. 2023 was a bad year and I had to sell my complete silver stack in July (300 oz.). When I got back on my feet in mid September, I’ve been able to accumulate roughly 45 ounces of silver but it’s not the same.
I think to have 300oz silver be able to save your ass in a bad year was great foresight and planning on your part. Seriously, well done.
@@jordanw8382 thanks for the kind words.
I would say if a person just started to work because they are finished school and bought 1 oz. of Gold and 25 oz of Silver every year that by the time they retire, they would be in pretty good shape. As far as what to buy it would depend on what country they are in and what is most popular in that country as far as demand is concerned.
how things currently are they would be lucky to purchase 10oz of silver alone every year.
@@jkly495 I hear what your saying but if enough people in one area truly want change, it will happen, if not things could get a lot worse than they are right now. And if the people in power do not conform to what the people want, then they have the right to vote them out but first you have to stand up for what you want in numbers and let them know, the first little step is always the hardest to do and this could also mean reforming the by-laws that are already in place for the area that your in. The problem is that nobody really has the heart to fight for change, they just except it and that is a big mistake because it could lead to greed and corruption and a down grade in quality of life.
Hello Sir
Long time subscriber and admirer looking for a bit of advice, I’ve fallen into a lot of debt after the pandemic and haven’t had the chance to invest into precious metals because of it. Would you recommend I sell what I have to pay for some of that debt or keep it and just pay off my debt how ever I can?
I found quarter ounce American Gold Eagles with a $20.00 premium twice in 2023 I was ecstatic
Gold is up 13% this year. Silver well it’s flat but hey listen to those coin shop videos saying buy silver and not gold.
“It’s the better value.” 😉
Is there any value in starting out on a low budget and buying bullion 1/2 gram and gram bars? Or would you say that it’s better to save up and buy at the 1/4 oz and up minted coins?
I would stack the lowest priced 1 oz. gold bars I could find period. To bad I dont have a time machine. Lol
Not interested in hot coins but maintaining value. I’m new to this but I’m thinking of buying 10-20 once’s of silver with 1-2 once’s of gold. I’m from the U.K. and would love to get some opinions of what I should buy.
Lol on the quote from ‘Better Off Dead’.
How do you invest? Where does a person start there? Any advice at all would be greatly appreciated..
I am in the UK so...1 sovreign (8 gr each) every month or 1 Oz Britt at every 4 months. Possibly could go for 1/4 Queen Beasts as they come with huge premium but they do trend to hold that premium over the years...🤷♂️
🤜🤛
Nice stack!
🤜🤛
I’m late to the game and started stacking silver and gold. I’m buying 20 ounces of silver American Eagles, a month, gold backs, and fractional, gold coins, and eventually 1 ce. Mainly American Eagles. I still don’t understand the reason of having a diversified different sovereign coins in one stack. It’s not like I’m gonna go move to Australia or Canada. I don’t see myself doing that.
oh wow im here kind of early. hello! always love to see your content. Keep it up man.
Thanks! 😄
"Keep it up man." "That's what she said."
I wouldn’t change my gold purchasing regimen. My mainstay gold stacking is AGEs, AGBs, and common date VF to AU pre-33. I’ve never purchased super high premium bullion like the high relief proofs. I’ve purchased some moderately high premium slabbed numismatics because I try to collect $10 Liberty Head Eagles. 1892-S MS62 would be a good example, but overall I don’t like buying slabbed unless it’s a $1, $2 1/2, $3 or California fractional which I guess you could argue is high premium. I’ve let a couple of raw high grade $10 Indian Heads slip into the stack 😉. I’ve never bought Roosters, ducats, florin, guilden or anything like that mostly because I never see them at my LCS. He wants nothing to do with them and explained why. Basically unfamiliarity, odd sizes, odd weights, odd purities and no customers asking for them. Made sense to me, although someday I might buy a Sovereign because I like the design.
Familiar story at my primary shops. Cheers!
I started buying silver from my loose change I had saved though the year...got into gold when I got a tax return or stimulus check
have a Happy New Year
You too!
Buffaloes & Eagles shop n buy when you can stacks start to appear not a bad thing patience , when you sell sell high when you buy buy low Happy New Year !!!!!!
Happy new year!
Smart move not getting into what percentage of your portfolio should be gold (or silver) in the same video. Look folks, if you're new to this topic, ANY gold and/or silver is better than having NO gold or silver. The idea here is just to start now and buy what you can afford consistently.
9999 fine with the lowest premium. Usually bars. At least 1000 bucks worth at a time to avoid taxes where i am. I do like jewelry if the price is right. Jewelry us actually really liquid in a crunch. Its good to enjoy and more appealing to the masses who don't have a clue about metals.
I’m at the point where I only buy on special deals. I’ve really got some great deals on 1/4 oz Britannias. I’ve had six 1/4 oz ML I bought before the premium shot up on those. Pure luck
Luck or not, WELL DONE! 👍
Crushed the like button! Thank you so much for sharing
Thanks!!
I started last month I grab a few bits every other week before I no it I have a few pieces I I’m enjoying the process
Hello 👋👋👋
As always Excellent 👌 video
When price less buy More physical Gold bullions.
When price high buy less physical Gold bullions.
But make sure keep Accumulating true money Gold bullions 😊we must buy consistently for minimum 15 years 😊
In our part of world ( ARY Gold Bars) very popular 😊. Swiss Pamp Bars as well 😊
Also ( ARY Gold Coins very popular)😊
I kinda feel like I did start over. A year ago, "being out of silver" meant I had 500 oz set aside and just wasn't buying any more. Now, it means I have five tubes of ASEs. Silver was converted to gold, and gold was consolidated around one tube for 1/4 oz Gold Eagles and two tubes for one oz Gold Maples (which were already the base of my gold stack). These tubes should be finished off by the end of 2024...and along with two tubes of ASEs, they fit nicely in a Pelican M40. Buffalos are on deck for 2025...and maybe 1/4 oz Britanias.
Nice!
What about gold bars like PAMP or brand name vs generic gold bars. What do you feel about Costco Gold bars. I bought one today and five overall in the last three months. Did not buy the 6 to set aside money for a coin show coming up thanks for the info
I've only got 6 ounces of gold all in 1oz eagles so would not change my strategy. Silver on the other hand I would've avoided the premium collectable stuff and stuck to bars and the same type of silver be it bars or rounds so you know you have say 500oz of a certain type of 10oz bar. I don't like having a bunch of random mints or rounds I like knowing I have XXXoz of buffalo rounds or PAMP kilo bars etc....