Bought early this yeah in march for $2,180. When you sell it's going to be 90-95% market value for one troy ounce. Just sold the bar for $2,500 out the door. I try not to think of it as making money, I just didn't lose $300 by sitting on cash, cwazy.
You don't think of it as making money, but the IRS does. :D That's a nearly 15% return in only 6 months, that's the equivalent of a 30% APY. Most basic savings accounts that are good are around 4% APY right now.
You can get around 99% of spot price if you call around coin shops, jewelry shops, or pawn shops. If you only got 90-95% of spot, you got massively ripped off. I'm speaking from experience. I'd laugh in his face and call him a crook if he only offered 90-95% of spot.
This man bought gold for 2300 that is now worth 2900, uploaded it and made good money of the video, and had an all expenses paid trip, where the fuck is he getting the luck from I need to know. And man made another big $$$ with this video. Man is end gaming TH-cam FR
Plus they let him fly not business class but actually first class to Europe, obviously paying for it. Probably paid for his stay at a hotel in Switzerland, too.
@@r3negade47 yup influencer make lil 50 k there small 200k here, while the compagny save 90% of what they spent in normal marketing expense.. internet change everything fr
I love the company reaching out and collaborating. That is super cool you got to do that i have really considered getting some gold and when i do i certainly will get pamp gold as I’ve really loved your content around their gold
I have one of these from this company, but mine is only 2.5grams. its a really pretty gold bar and i hope someday to be able to afford the one u got. I would drool if i went into that factory, gold is so pretty!!!
Bro imagine the security protocols, like at 2700 an once, those things going for like 50 thousand dollars a pound, just take one big bar with out getting caught and your up 100 grand, even just taking a small amount of the shavings could be a few hundred or thousand, I mean we were looking at 100s of pounds of gold, how good of track are they keeping?
I remember, as a kid, being told diamonds and gold were very rare and valuable, then walking through any mall anywhere in any town and seeing several stores filled with diamond and gold jewelry. You find gold and diamonds in virtually every marketplace in every place you could hope to go. Still feels weird doesn't it?
It’s actually quite normal to have stamped designs on gold bars and coins. In the Middle East this has been used for centuries, usually with the face of a leader printed on it as a design
Ok Im glad to see Im not the only one that was bothered by that quote. Surely he couldnt believe that this company made the first stamped gold bars right?😂 I thought maybe he meant that Ancient Romans or Greeks used to stamp this lady on their gold bars, and those might be the oldest stamped bars found to date.
My Dad gave me a 24 karat gold chain back in 7th grade (2017ish). My friend and I curiously weighed it in our science class as the classroom had like a small lab in the back with weighers and other things. It weighed 16.8 grams, and after converting to USD (it’s Thai gold so I had to convert Thai Baht to USD) it was worth $684. Last time I checked, maybe 3-6 months ago it was worth I believe a little over $1,100 (2024).
don't be a dope - where exactly to you think you can go and find someone who will give you $1,100 for that chain?? it's called liquidity, son. Gold chains are not liquid. There is no market for them. Just because you see a per oz. price for gold in the paper doesn't mean that you can get that price for your junk. Your gold chain is probably worth about $25 coz that's what the guy on the corner will pay for it, if he's feeling extra generous. By the way, do you know how pure it is? jewelry is almost never 24k gold because that is too soft for jewelry purposes. The prices in the paper are for 24k, most gold chains are 14k or 18k, Thai gold is often higher - but how do you know without paying someone to test it?
You probably mean 16.8 grams and gold chains are usually 14k. If that is correct, your chain is a little less than 1/3 of a troy ounce (gold is measuring in troy), which is worth about $860 (melt) today. Good luck!
@@richard1113 Haha yeah I meant grams! I’d never melt it though, my Dad gave it to me over 7 years ago, it’s Thai Gold so we know and it’s been verified being 24 karat. But yeah I’ve been showering, playing sports, working out, etc, with this chain on for 7 years straight now. A lot of my friends thought it was fake (Thai gold is VERY YELLOW) but I doubt a “fake” chain would survive years of being in showers and sports without turning my neck green or the gold plate chipping off 😂
@@alex1311t Ah! Thai gold must be like "India gold". I know many people from that region and they always talk about pure gold. Yes, if it is indeed 24k gold, be careful as gold is very soft at that purity level. And yes, I agree it is very yellow. I have some and I like the way it looks. Anyway, have a great day and take care of that chain!
I'm a courier and one time I had a unusually heavy envelope for Costco. Turned out to be 70k worth of little gold bars. Literally just an nondescript envelope you'd use to send documents. Crazy
Lucky you that you gotcto travel and tour their factory ! Lucky us...because thanks to you, we know how those little tiny bars of gold are made and about the packaging they come in! Thanks for doing the video!
That's amazing! I'm so happy for you and that you were invited by that company directly. That's a pretty big deal. Continue making your awesome videos!
Don't know much about gold. Was wondering if the strips had to be heated several times in-between. Or was it just heated once only at the beginning? I must Google that. Congrats on the trip to Switzerland. Well deserved.
Likely not. It's 99.99% gold so it's extremely soft and the most malleable metal at that point. Sometimes they'll anneal coin blanks before striking them, but I'm not sure about bars.
Dude it's awesome to see how they melt it and stuff makes me excited sbout gold! Im eventually going to buy some gold, but right now it's not possible for me.
I DO remember your original video. Good on PAMP to give you a tour. They saw your last video and this video gave them advertising that cost them nothing: a plane ticket. Now that's a good exchange rate!
The GOLD strips you saw on the table are worth several million dollars. Imagine if one could just take their re-enforced backpack and walk out with a lifetime of wealth. However, security at these places are insane.
Roman - Goddess Fortuna Sanatan (Hinduism) - Goddess Lakshmi Taoism - Caishen Buddhism - Jambhala All the images across different cultures have similar representation of gold coins flowing out of a vessel.
PAMP Suisse is available at any gold selling site, store, et cetera. They're one of the best gold bar makers in the entire world! I have many, many PAMP Suisse bars!
where is it you imagine you will sell those gold bars if you want to/need to? PAMP ain't buying them back from you. There is no market for that crap, you're throwing your money away.
If I sell gold, why wouldn’t I want to profit financially from it? That said, how do I know when it will turn out as a good investment if the seller is already making a profit. I mean, can you buy gold cheaper than the global standard value? Just curious :)
Gold is a hedge against inflation. If your $ weakens, gold will usually go up. It’s always good to have precious metals because they can keep printing money but their is a finite amount of gold and silver
This goes for every investment ever but gold is “real” literally used in the tech you wrote the comment from. We NEED gold and it isnt infinite you know
Yes you can buy gold for less than the spot price, the international price at the moment but be careful the people you are buying it from dont pull a gun and rob you of the cash you were going to buy with. Oh and be careful of police, something about possession of stolen goods. The only way you could honestly buy gold cheaper than spot price is if someone was desperate needing money now.
Where are the gold bars at Costco? In the watch case? I’ve never seen them. I’m not going to buy any because Bitcoin returns are literally 10 times higher but it’s fun to see the old way of storing value that goes up once every 20 years 😊
Bro Why even comment when its just pure wrong. You dont pay tax on investment gold. As reserve banks around the world are the biggest traders themselves, they just agreed to not Pay tax on it at all. Its actually one of the best investments for this reason
This process, shipping and handling seems that you are paying for more than the core value of the gold. Meaning that if someone does not see the value in the "design". You are paying more than it is worth.
They say that when you're rich people start handing you luxuries, and like. Man literally bought a gold bar and got a first class international trip as a reward for it 😂
Central banks and unknown private holders can manipulate the supply of Gold. It can continue to be found; Bitcoin is fixed supply with an identifiable mark on the blockchain for every transaction to prove authenticity.
I want to buy a solid gold coin but all the coins seem like rip offs since they are basically charging extra for the design or something. Any suggestions on how to get the best value out of a coin? or is bullion still the best bet
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So he paid 2300 for a 1st class airfare to Switzerland, probably all paid expense trip. Not bad for the money.
and he still has the gold bar worth 2300
@@HarmxnActually it'd be 2600+ since the value of gold has changed.
And whatever YT is paying him for that short that got 9M+ views. Thats where the real money is
You're assuming he paid for the fare. The company invited him and most likely comped the ticket
@@Hamal1000read that op comment again
Bought early this yeah in march for $2,180. When you sell it's going to be 90-95% market value for one troy ounce. Just sold the bar for $2,500 out the door. I try not to think of it as making money, I just didn't lose $300 by sitting on cash, cwazy.
That’s crazy man I never thought of it that way
sociopathy
@@nonenoner3986what?
You don't think of it as making money, but the IRS does. :D
That's a nearly 15% return in only 6 months, that's the equivalent of a 30% APY. Most basic savings accounts that are good are around 4% APY right now.
You can get around 99% of spot price if you call around coin shops, jewelry shops, or pawn shops. If you only got 90-95% of spot, you got massively ripped off. I'm speaking from experience. I'd laugh in his face and call him a crook if he only offered 90-95% of spot.
This man bought gold for 2300 that is now worth 2900, uploaded it and made good money of the video, and had an all expenses paid trip, where the fuck is he getting the luck from I need to know. And man made another big $$$ with this video. Man is end gaming TH-cam FR
Not worth $2,900
It's not luck, he's been working for years to get to this point. Luck and preparedness put you in this position.
You make your own luck.
The luck comes from having $2300 disposable income to spend on a whim.
@@user-ph9pm6fc7g It goes deeper than that. You get access to more things in life when you put the work in, in your teens and 20s.
what a sick opportunity! looks fun
Plus they let him fly not business class but actually first class to Europe, obviously paying for it.
Probably paid for his stay at a hotel in Switzerland, too.
@@a564-c3qAND making money by posting it on youtube (and possibly other social media too). what an opportunity indeed
@@a564-c3q ...and in return, they got a TON of advertising for the cost of a flight and hotel. Good deal for everyone involved.
i refuse to believe that no one didnt try to stamp gold bars before the fortuna
Of course they did !
Yeah this whole thing seems like a shitty ad.
Props to the company for doing that!
Bro got them 8.8 million views. I think they were pretty ecstatic to just have to pay for a first class flight instead of millions in marketing lol
@@r3negade47 yup influencer make lil 50 k there small 200k here, while the compagny save 90% of what they spent in normal marketing expense.. internet change everything fr
They're hoping they get another viral video out of the trip. They don't give a fuck about this dude.
@@jtcr4199
He won, they won, win-win.
The company: "Props to our marketing director for getting us free advertising."
Lady fortuna ❌Lady for Tuna 🍣✅
lady bring me tuna
Lol
Lady or tuna? I pick tuna
Sounds like a good deal. Dating sucks anyway
Lol. Had a good laugh. 😄. Thank you for that.
When you get invited take every opportunity to learn and So you did. Very educational. Thank You
I love the company reaching out and collaborating. That is super cool you got to do that i have really considered getting some gold and when i do i certainly will get pamp gold as I’ve really loved your content around their gold
sounds scammy to me
Man, that’s a cool trip for making a video. Good for you 👍
I have one of these from this company, but mine is only 2.5grams. its a really pretty gold bar and i hope someday to be able to afford the one u got. I would drool if i went into that factory, gold is so pretty!!!
Outstanding man glad to see you got a cool factory tour!
This video is a clinic on the power of marketing.
Womp womp
That gold bar was a prize on Price is Right. Two of them!
yeah, that's about the level of sophistication they're trying to sell these to - it's like a trump product: a guaranteed grift
Bought 2 kilos of PAMP gold in 2010 in 500 gram bars. Stunning.
Bro imagine the security protocols, like at 2700 an once, those things going for like 50 thousand dollars a pound, just take one big bar with out getting caught and your up 100 grand, even just taking a small amount of the shavings could be a few hundred or thousand, I mean we were looking at 100s of pounds of gold, how good of track are they keeping?
For the last 20 years i've been saying..."I WISH I WOULD HAVE BOUGHT IT...WHEN". When gold broke the $1000 per ounce I couldn't believe it!!
The saying is ~ Don't wait to buy gold. Buy gold and wait.
I love their bar. It's beautiful
What a long-form commercial for a gold company
Costco is the only place to sell socks, tvs, gold and rotisserie chicken in the same place.
I'd love to see a long form video about your tour.
dang i saw both videos... you deserved a first class flight for this presentation
Welcome to Switzerland, your money is already there
I have 30 year old stamped gold bars with fancy pictures too. Pretty sure these an't the first.
lol no shit Sherlock
this lady fortuna design stamp is 45 years old now
I remember, as a kid, being told diamonds and gold were very rare and valuable, then walking through any mall anywhere in any town and seeing several stores filled with diamond and gold jewelry. You find gold and diamonds in virtually every marketplace in every place you could hope to go. Still feels weird doesn't it?
Costco gold bar vs Sam’s Club gold bar, which is more worth it?
Whichever is cheaper on the day
It’s actually quite normal to have stamped designs on gold bars and coins. In the Middle East this has been used for centuries, usually with the face of a leader printed on it as a design
He’s talking specifically about gold bars not coins
@@shriekinleada794 he specifically said, ''bars and coins'' and yes, a lot of places on earth stamp gold bars for ages
@@shriekinleada794 The commenter IS talking about gold bars. Your mind became muddied because they also mentioned coins.
Ok Im glad to see Im not the only one that was bothered by that quote. Surely he couldnt believe that this company made the first stamped gold bars right?😂 I thought maybe he meant that Ancient Romans or Greeks used to stamp this lady on their gold bars, and those might be the oldest stamped bars found to date.
This is genius marketing by the gold company.
My Dad gave me a 24 karat gold chain back in 7th grade (2017ish). My friend and I curiously weighed it in our science class as the classroom had like a small lab in the back with weighers and other things. It weighed 16.8 grams, and after converting to USD (it’s Thai gold so I had to convert Thai Baht to USD) it was worth $684. Last time I checked, maybe 3-6 months ago it was worth I believe a little over $1,100 (2024).
don't be a dope - where exactly to you think you can go and find someone who will give you $1,100 for that chain?? it's called liquidity, son. Gold chains are not liquid. There is no market for them. Just because you see a per oz. price for gold in the paper doesn't mean that you can get that price for your junk.
Your gold chain is probably worth about $25 coz that's what the guy on the corner will pay for it, if he's feeling extra generous.
By the way, do you know how pure it is? jewelry is almost never 24k gold because that is too soft for jewelry purposes. The prices in the paper are for 24k, most gold chains are 14k or 18k, Thai gold is often higher - but how do you know without paying someone to test it?
You probably mean 16.8 grams and gold chains are usually 14k. If that is correct, your chain is a little less than 1/3 of a troy ounce (gold is measuring in troy), which is worth about $860 (melt) today. Good luck!
@@richard1113 Haha yeah I meant grams! I’d never melt it though, my Dad gave it to me over 7 years ago, it’s Thai Gold so we know and it’s been verified being 24 karat. But yeah I’ve been showering, playing sports, working out, etc, with this chain on for 7 years straight now. A lot of my friends thought it was fake (Thai gold is VERY YELLOW) but I doubt a “fake” chain would survive years of being in showers and sports without turning my neck green or the gold plate chipping off 😂
@@alex1311t Ah! Thai gold must be like "India gold". I know many people from that region and they always talk about pure gold. Yes, if it is indeed 24k gold, be careful as gold is very soft at that purity level. And yes, I agree it is very yellow. I have some and I like the way it looks. Anyway, have a great day and take care of that chain!
@@richard1113 if you can find someone willing to buy it anywhere near that price (spoiler alert: you cannot)
I'm a courier and one time I had a unusually heavy envelope for Costco. Turned out to be 70k worth of little gold bars. Literally just an nondescript envelope you'd use to send documents. Crazy
I saw the original video, afterwards I ran to Costco and bought 25 bars. Thank you.
They only allow 2 per member
@@Gannicus-USA video itself clearly shows 5 for this location
I find it hard to believe that you just have $60,000 laying around
@@john_r17 What are you talking about? I'm a BTC King. 60K is change in the cracks of the sofa.
@@AIGeneratedBITCoinApprovedmark, have you been breaking bad??
Can we talk about the strips of gold just sitting on the factory floor under those machines.
Lucky you that you gotcto travel and tour their factory ! Lucky us...because thanks to you, we know how those
little tiny bars of gold are made and about the packaging they come in! Thanks for doing the video!
Invitation for a tour ❌
Payment for a promo ✅
😂😂
That's amazing! I'm so happy for you and that you were invited by that company directly. That's a pretty big deal. Continue making your awesome videos!
I couldn’t afford gold then and can’t afford it now. Good for you.
Honestly jealous, but you're one of the few creators that deserve it
Man what a crazy cool opportunity!
Don't know much about gold. Was wondering if the strips had to be heated several times in-between. Or was it just heated once only at the beginning? I must Google that. Congrats on the trip to Switzerland. Well deserved.
Likely not. It's 99.99% gold so it's extremely soft and the most malleable metal at that point. Sometimes they'll anneal coin blanks before striking them, but I'm not sure about bars.
Cold rolled, but after working it does become very hot just from the rolling process, no heating is required.
When we first got these at my location. A couple of members came in every Friday to buy two. It's gone up by about $1000CAD from last year.
U poppin off humphrey lemme know if u wanna start roasting wedding budgets 😂
This is why gold should be the new dollar bill
stooopid
I love pamp bars, there’s something delicious exquisite and interesting about the relief
Carful buying most are gold plated
57k likes/1.2million views. Marketing have got their shit together, all it cost was a 1st class ticket and three day vacation to Switzerland.
Dude it's awesome to see how they melt it and stuff makes me excited sbout gold! Im eventually going to buy some gold, but right now it's not possible for me.
I DO remember your original video. Good on PAMP to give you a tour. They saw your last video and this video gave them advertising that cost them nothing: a plane ticket. Now that's a good exchange rate!
That design looks so much like the pirate heads ship
and it's bloodgold.
greetings from Switzerland btw
"and this is called-" wow how informative
I imagine theres a crazy amount of security at that factory
Gold will end the year $3200.
The Swiss really know how to steal your money 😂
The GOLD strips you saw on the table are worth several million dollars. Imagine if one could just take their re-enforced backpack and walk out with a lifetime of wealth. However, security at these places are insane.
Roman - Goddess Fortuna
Sanatan (Hinduism) - Goddess Lakshmi
Taoism - Caishen
Buddhism - Jambhala
All the images across different cultures have similar representation of gold coins flowing out of a vessel.
There stamping that 24/7 @ still going omg
Im a simple man
I see something shiny
I want all those shinies
Lol🌟😮
I thought $600 was steep at the time, but $2700 today? Missed opportunity!
Imagine sitting first class on an international flight!! Bad ass!
Pamp bars are stunning
PAMP Suisse is available at any gold selling site, store, et cetera. They're one of the best gold bar makers in the entire world! I have many, many PAMP Suisse bars!
where is it you imagine you will sell those gold bars if you want to/need to? PAMP ain't buying them back from you. There is no market for that crap, you're throwing your money away.
Also pamp are the most faked gold bars out there 💯👍
that was a great investment. gold is up so far from when u bought it
And then the ionically iconic design that’s iconic gets ionically stamped on the iconic gold bar
If I sell gold, why wouldn’t I want to profit financially from it? That said, how do I know when it will turn out as a good investment if the seller is already making a profit. I mean, can you buy gold cheaper than the global standard value? Just curious :)
Gold is a hedge against inflation. If your $ weakens, gold will usually go up. It’s always good to have precious metals because they can keep printing money but their is a finite amount of gold and silver
This goes for every investment ever but gold is “real” literally used in the tech you wrote the comment from. We NEED gold and it isnt infinite you know
Yes you can buy gold for less than the spot price, the international price at the moment but be careful the people you are buying it from dont pull a gun and rob you of the cash you were going to buy with. Oh and be careful of police, something about possession of stolen goods.
The only way you could honestly buy gold cheaper than spot price is if someone was desperate needing money now.
The dragon 🐉 gold bar looks cool 😎
Cool! I love gold and silver 🎉
Sweet deal. Very cool thanks for sharing. PAMP is the only bar I buy as I trust them
❤️ These Videos Are Going To Blow Up Too. Very Interesting Videos! Keep Up The Good Work.
Dude, that is so cool!
This is so cool, wish I could see the up front.
Where are the gold bars at Costco? In the watch case? I’ve never seen them. I’m not going to buy any because Bitcoin returns are literally 10 times higher but it’s fun to see the old way of storing value that goes up once every 20 years 😊
Imagine thinking you are the first one to stamp a design in a gold bar ☠️
What I really wanna know is where the gold is sourced from.
Gold and silver are nice to look at and fondle, but paying sales tax on the investment requires it to go up about 10% just to break even.
Not if you’re a uk citizen. We pay no vat on fine gold and no vat or cgt on legal tender coins produced by the Royal mint. It’s money.
There is no US sales tax on bullion.
No sales tax on gold and silver in South Africa
In the US some states do not charge sales tax on bullion metals.
Bro Why even comment when its just pure wrong. You dont pay tax on investment gold. As reserve banks around the world are the biggest traders themselves, they just agreed to not Pay tax on it at all. Its actually one of the best investments for this reason
Just sold my Lady Fortuna 5oz bar. I made 50% on it and I originally bought it in 2021. Not bad for a 3 year investment!
where did you sell it? there is no market for that crap
@@BernardProfitendieu there’s no market for gold bullion? Lmao. Are you simple?
@@beri232 there's no market for randos like you dumping a gold bar
@@BernardProfitendieu that your best?
This process, shipping and handling seems that you are paying for more than the core value of the gold. Meaning that if someone does not see the value in the "design". You are paying more than it is worth.
The actual price of gold went up since this video was made
Mr. Krabs would be going insane there 😭🦀💰
Wow. This is literally a golden idol. Vile.
Folks who know coins are saying "that's just a square coin"
You got a nice trip .. they got a nice advertisement 😊
I hope we will quicky get to the space mining so gold, platinium, titanium, lithium and other materials wont be so expensive.
i can assure you there have been gold bars with artwork stamped onto them before these ones....
Ticino Switzerland? I live here I never knew there was a gold factory in my canton 😂
Gorgeous design
I just bought a 2.5 gram bar of the same bar through wal mart
Are you buying it or converting your money to a different asset?
They say that when you're rich people start handing you luxuries, and like. Man literally bought a gold bar and got a first class international trip as a reward for it 😂
Bro just casually bought a gold bar at the swap meet and got a flight and tour that probably cost as much as the bar itself. XD Good on ya!
The only material worth buying as a consumer
Central banks and unknown private holders can manipulate the supply of Gold. It can continue to be found; Bitcoin is fixed supply with an identifiable mark on the blockchain for every transaction to prove authenticity.
How does a company make money on manufacturing gold into something marketable if the value of the gold is in the gold material itself?
They buy low sell high just like any other company.
Lady for Tuna has her gold bar that must be some good Tuna
I want to buy a solid gold coin but all the coins seem like rip offs since they are basically charging extra for the design or something. Any suggestions on how to get the best value out of a coin? or is bullion still the best bet
Costco diamonds are also certified authentic.
I wanna see the security working there lol
Is 1oz of gold really worth $2400?
It hit like months ago
It’s over 2,600 now
those larger gold bars are worth $84K & $840K
More now and I'm sure a lot more in the future
Yes if other people believe they are worth that and are willing to pay that amount then that becomes the price.
They should add this as a mission in GTA 6,Where the main character steals this type of gold from the factory itself
Did they give you another gold bar when you were at the factory?
so this where the ww2 bad guy gold went