I firmly believe there is price suppression on both metals due to their history as actual money, if they were allowed to trade freely they would show up the weakness of the Dollar and that cannot happen. More and more paper futures contracts are required to continually keep the price in check but one day they are going to lose their grip on this, and when they do.........
Totally agree, many price fixing schemes have been found out in the last few years. They used to be considered the rantings of conspiracy theorists. They can play "shift the paper" for as long as they like, eventually supply and demand will take over as the overbearing force on the markets, I just hope people don't sell off to early when it happens
I'm personally looking to make a purchase in the near future, specifically jumping into the new Queens Beast series (XAU). I feel I can maintain collecting the series as each one is released and over time, it's a great way to average into a position while retaining that regular excitements of bolstering the stack! Starting a collection works well (for me anyway) as a way to remain focused and solidify the fact that Gold is indeed a long term assets! Thanks for all your videos, you've very level headed and it's refreshing to see such consistency over the years, regardless of price!
I would recommend an American buffalo if you don't have one in your collection. Other than that I would say buy what you like. There are so many beautiful gold coins produced by mints throughout the world!
I had argument with one guy in 2019 he was trashing silver because he bought 5000 oz britannias in 2011 and wanted to "get rid of this c... and scam" I told him to wait a bit but he did not, he bought them for 24 euro per 1oz, and sold them for 20... Well I believe that is what you get if you do not understand what you are buying.
Over the last few weeks in my spare time I have run some correlation calculations between different kinds of asset classes, among which gold and silver. Perhaps interesting to share some of my findings. First of all, the long term (> 33 years) correlation between the gold price and the M2 money supply is actually stronger than the correlation between the gold price and the consumer price index (CPI). The numbers show that gold behaves like a monetary metal and that silver about half of the time behaves like a monetary metal and about half of the time like a commodity. This means that gold in the long run tracks the growth rate of money supply and silver tracks the average of the growth rate of money supply and the growth rate of CPI. As the growth rate of the CPI is lower than the growth rate of money supply, the average growth rate of the silver price is lower than that of gold. This, by the way, also means the average gold-silver-ratio increases over time, according to my calculations at about 1.5-1.6% per year. This indeed corroborates your statement that gold is the better store of value. Does this mean that silver is a bad buy? No. I average the money supply inflation adjusted silver price and the CPI inflation adjusted silver price, plot the chart and consider the median to be the fair value of silver. As silver is more volatile, I use a 20% safety margin (80% of that median). When bought at those prices, odds are in your favour. But, yes, you should only do that with money you can afford to go without for long stretches of time. For gold I average the money supply inflation adjusted gold price and money supply per capita inflation adjusted gold price and consider the median of that the fair value of gold. Another interesting finding was that I noticed that spikes in the gold and silver prices pretty much coincide with points in time when real yields on bonds (nominal rate minus CPI yoy-% change) are negative.
@@kirilmihaylov1934 The math says in the long run there is no evidence of that. Short term spoofing most likely indeed occurs, but that doesn't impact the long term trend all that much. I think this remark may say more about your expectations than what is actually happening in the markets. Gold and silver for holding periods up to 15 to 20 years best perform the function of diversifier in an otherwise stock-bond portfolio very well. Only for holding periods of 33 years and longer you can pretty much count on gold and silver to protect you from monetary and/or consumer price inflation, especially during times real yields on bonds turn negative. Shorter term, gold and silver are very poor inflation hedges and stocks and especially real estate perform that function way, way better than precious metals.
The buffalo is my fave coin I still haven't got round to buying one yet. 22k or 24k makes no real difference as they are bought on 24k weight ( the 22k coin will weigh more than an Oz so there is 1 Oz of pure gold)
@@DetailedMusicRatings depends what it's mixed with some of the sovereigns look a bit funny as it's cooper the Britannia look better as it was silver , although now gone 24k
True precious metal dealers are struggling both with taxation, lockdowns, government and media downplay. A little push and maybe they can stamp out those investors and owners, too. So the big institutions and governments can hold it all.
Very strange question. It's completely obvious there is now strong deflation in the financial economy, with the fed rate hikes. Prices for all assets are declining, real estate lagged this decline, but its unavoidable implosion is now beginning. Clearly, Gold, and particularly silver, share in this deflationary spiral. But not quite as much as all the other assets.
Firstly you are not comparing apples to apples. Gold hit $1920 in 2011 took ten years to break that level and now we are back below that level. We are already doing damage that will take over 5 years to get back to $2075. If $1675 fails $1450 Is happening and your profit is gone. I would lock in your profit why you can. Both metals are going a lot lower unfortunately until November
Yeah, but remember how the economy was in 2011? You are also not comparing apples to apples. It is impossible to compare these things over specific times as the circumstances are so very different.
@@BackyardBullion the market Dow was $11,000 and dollar index was $72. It is all in timing. Gold is going lower and I am hoping $1675 holds if not good buy profit. We are going below $1400. Gold and silver are headed a lot lower and I mean a lot. Every small rally in silver and gold are sold immediately. Things are about to get real in metals market i personally liquidated a huge position awhile back and have another one I have to wait to dump. Gold will close the year out at a loss and might I add a big loss. Your profit is going to loss real soon. If $1675 fails to support gold it will take 5 to 8 years to break $2075 again
Wonderful video and beautiful bars at the end! BTW- Silver Dragons and I chatted about you recently. Hope you don’t mind that I included a clip of one of your pours in my video.
@@BackyardBullion I’m premiering the video in about 5 hours from now. It’s the one with Silver Dragon’s logo on the thumbnail. Feel free to join the premiere if you’re available. Thanks for all the great content!
Wise words Backyard. My gold stack has gone up a way more than inflation, not so with my silver. That is assuming both metals are evaluated at spot. Much of the silver would be, but a lot are high premium collectibles like BU Morgans.
There is a price supression mainly because China and Russia and a couple of other major players want to use precious metal as the new currency. In a way, they are helping them by lowering the price and giving them more purchasing power of these same precious metals which will soon be the new exchange currencies. Precious metals might become the new bitcoin... except the volatility.
I’m looking sell some silver 999 to buy gold for space and investment. Do you buy silver at spot price ? I liking the 2022 Gold Britannia with security features great price on Atkinsons bullion I should have pull the trigger the other day they were down to £1480 last time I seen price that low was January 28th /22 I pick one up for £1389
Maybe buy a few more silver coins, more for the satisfaction of building a small collection but like you you prefer gold at the moment. The VAT and high premiums on silver here in the UK make if feel more of a risky purchase imo.
I live in Australia and just started collecting. I have a few pieces of fractional gold. Is it better to stick with gold? I'm thinking of picking up a Kilo of silver pretty much at spot price... Silver coins are carrying about 30/40% over spot price. tia
Playing the GSR with physica especially l in the UK doesn't work , silver has higher premiums and VAT on top of the spot price . Buy whichever you think maybe undervalued at the time if you wish but don't trade one for the other .
Great Video, insightful & honest. & some good suggestions! (Not advisory advice 😉) I would look into getting some 1oz US Gold Buffalo's ! I own 3 of them myself & I consider them equally as beautiful as the Classic Gold Eagle coins. The US 1oz Buffalo's are .9999 fine gold (24 Karat) unlike the (perennial circulation mix) 90% Gold Eagle 1 oz total gold weight, with 10% copper for durability. Both are magnificent ! But wait until you hold a Gold Buffalo in your hand ! Outstanding. Thank you for another great vid BYB. 🌎 ☮️🕊 🇺🇸 🇬🇧
If gold goes down enough I might buy the 2022 gold Chun Li coin since I have the Ryu gold coin which I paid a little to much because I thought they would sell out quick
Ramble on! I hope this counts as a comment and the algorithm that places your videos gets preferred placement, i have no idea; does the algorithm weed out one phrase comments, or are they legitimate comments, I guess it doesn’t matter now!
I don't think gold and silver make a good hedge, no, you get unhappy hedgehogs, bushes and shrubs are much better. But disgruntled sad joke sighs apart, thank you so much for my 100g Silverforum bar, it has inflated my smile.
See your holding that "500 pound " coin. Considered buying some. Why the fk do they even have a denomination denoted in "500 pounds" if nobody including the royal mint , bank of England, and every single uk retail/ commercial bank won't accept them????
In 5 years with inflation your 1015 pounds rose to 1415 pounds and now has the purchasing power of 1168 pounds. That’s isn’t the best return on investment. It has stored your wealth but hasn’t increased your wealth so I guess it is good or bad depending on your desired result.
Silver bear is near end and will probably recover faster than it dropped, intrest in buying silver will grow as the fed rates tamp down inflation to around 3 and another cycle of stimulus policy begins, if they can keep the people believing the understated stats of moderate unemployment and inflation then they will want to reinflate it again! Whew this has got to end bad somewhere! Maybe alull in prices will give them tie to transition smoothly for the big reset! What is the story on the resett; gosh, this is stressful; the certainty is the status quo will try maintaining as long as possible and nost of us will get ground in the winds of change! Now it’s a comment!
So you think the "economy" will be more or less the same in 5 to 10 years with a little transitory inflation here and there? All these fiat currencies will still be around basically in same form they are now and it'll be a long slow grind of money printing going forward as far as the minds eye can see? Don't get caught in normalcy bias. I think BIG economic and financial shifts are on the way within 6-12 months and I would back up the truck if I had a truck. I must be seeing a totally different world. It's not about the metals, it's about the world economy being based on fiat and derivatives and how long is that going to continue to work?
shhhhh. don't let the brainwashed silver folks into the secret lol. I'd like my gold premiums to stay reasonable, and I need more sovereigns. Capped my silver stack at a few hundred ounces for now. All my energy and effort is into gold.
How about not putting "gold and silver" in the same category? They aren't the same metal, and for sure not directly related to each other's price. Gold is king, gold isn't down, gold is UP! just barely below all-time high. Silver, the poormans metal, is down and will keep dumping. Whomever bought silver paying 50% premiums, cause muh silver squeeze, shouldn't be allowed to vote.
So tired of all the BS. Those of you who are just screwing around get the F out. You know who you are, see you, go, goodbye. It is frustrating to see the posers. The ones who have no $. Listen and maybe you might get something out of the conversation.
I firmly believe there is price suppression on both metals due to their history as actual money, if they were allowed to trade freely they would show up the weakness of the Dollar and that cannot happen. More and more paper futures contracts are required to continually keep the price in check but one day they are going to lose their grip on this, and when they do.........
Totally agree, many price fixing schemes have been found out in the last few years. They used to be considered the rantings of conspiracy theorists. They can play "shift the paper" for as long as they like, eventually supply and demand will take over as the overbearing force on the markets, I just hope people don't sell off to early when it happens
You aren’t wrong. JP Morgan have been fined around $800 million for rigging the silver market. If silver is being suppressed, then so is gold.
Great comment, pinned!
@@HarveyJohnWillmott exactly
@@infinitemonkey917 it is manipulated
Bulk of my silver is waiting on a 50-1 ratio to be traded in on gold.
I watched it all the way to the end
Thanks for being a cool member of the BYB rambling society!
I'm personally looking to make a purchase in the near future, specifically jumping into the new Queens Beast series (XAU). I feel I can maintain collecting the series as each one is released and over time, it's a great way to average into a position while retaining that regular excitements of bolstering the stack! Starting a collection works well (for me anyway) as a way to remain focused and solidify the fact that Gold is indeed a long term assets!
Thanks for all your videos, you've very level headed and it's refreshing to see such consistency over the years, regardless of price!
I’m buying and holding, plus I’m a BYB rambler 😄 awesome bars my friend!
🔥🦈🌊
I always enjoy your videos. Always very balanced and sensible talk.
Thanks for the feedback!
I would recommend an American buffalo if you don't have one in your collection. Other than that I would say buy what you like. There are so many beautiful gold coins produced by mints throughout the world!
I bought all four most popular sovereign coins, Eagle, Buffalo, Britannia and Maple Leaf and one PAMP gold bar. All beautiful
They are amazing, lots of people suggesting them!
I had argument with one guy in 2019 he was trashing silver because he bought 5000 oz britannias in 2011 and wanted to "get rid of this c... and scam" I told him to wait a bit but he did not, he bought them for 24 euro per 1oz, and sold them for 20... Well I believe that is what you get if you do not understand what you are buying.
And any paper currency he could trade it for all over the world is the actual scan
Yeah, its a tough time if you bought at the highs, you have to wait a long time!
It’s confusing how your 1 kilo silver coin has legal tender of £500 but costs considerably less than 5x 1oz gold coins with the same legal tender
Over the last few weeks in my spare time I have run some correlation calculations between different kinds of asset classes, among which gold and silver. Perhaps interesting to share some of my findings. First of all, the long term (> 33 years) correlation between the gold price and the M2 money supply is actually stronger than the correlation between the gold price and the consumer price index (CPI).
The numbers show that gold behaves like a monetary metal and that silver about half of the time behaves like a monetary metal and about half of the time like a commodity. This means that gold in the long run tracks the growth rate of money supply and silver tracks the average of the growth rate of money supply and the growth rate of CPI. As the growth rate of the CPI is lower than the growth rate of money supply, the average growth rate of the silver price is lower than that of gold. This, by the way, also means the average gold-silver-ratio increases over time, according to my calculations at about 1.5-1.6% per year. This indeed corroborates your statement that gold is the better store of value.
Does this mean that silver is a bad buy? No. I average the money supply inflation adjusted silver price and the CPI inflation adjusted silver price, plot the chart and consider the median to be the fair value of silver. As silver is more volatile, I use a 20% safety margin (80% of that median). When bought at those prices, odds are in your favour. But, yes, you should only do that with money you can afford to go without for long stretches of time.
For gold I average the money supply inflation adjusted gold price and money supply per capita inflation adjusted gold price and consider the median of that the fair value of gold.
Another interesting finding was that I noticed that spikes in the gold and silver prices pretty much coincide with points in time when real yields on bonds (nominal rate minus CPI yoy-% change) are negative.
Both metals are being manipulated so there is no point of talking
@@kirilmihaylov1934 The math says in the long run there is no evidence of that. Short term spoofing most likely indeed occurs, but that doesn't impact the long term trend all that much.
I think this remark may say more about your expectations than what is actually happening in the markets. Gold and silver for holding periods up to 15 to 20 years best perform the function of diversifier in an otherwise stock-bond portfolio very well. Only for holding periods of 33 years and longer you can pretty much count on gold and silver to protect you from monetary and/or consumer price inflation, especially during times real yields on bonds turn negative. Shorter term, gold and silver are very poor inflation hedges and stocks and especially real estate perform that function way, way better than precious metals.
Here till the end. Bought more silver when it was heading up and still holding off and saving as I’m looking at gold Krugerrand now.
Thanks for being a cool member of the BYB rambling society!
Great video BYB.
I'd recommend a 24K gold coin. The buffalo would be my first choice, followed by the maple leaf.
Have a great rest of the week
The buffalo is my fave coin I still haven't got round to buying one yet. 22k or 24k makes no real difference as they are bought on 24k weight ( the 22k coin will weigh more than an Oz so there is 1 Oz of pure gold)
@@seminumismaticguy8575 i just think 24k looks better.
@@DetailedMusicRatings depends what it's mixed with some of the sovereigns look a bit funny as it's cooper the Britannia look better as it was silver , although now gone 24k
Yea the leafs are really nice
Great suggestions guys, I am a big fan of 24kt gold but I also love a big gold coin that I can just handle like the Mexican 50 Pesos!
True precious metal dealers are struggling both with taxation, lockdowns, government and media downplay. A little push and maybe they can stamp out those investors and owners, too. So the big institutions and governments can hold it all.
Yeah, they are so it is a hard time for all!
Carry on buying what you can afford.
I bought all my gold and silver bullion between 2011-13, what a hedge its been 10 years later! couldnt have asked for more lol
Well, thats just not great timing but you are still up!
Maybe not on the silver...
@@BackyardBullion silver is Down
Very strange question. It's completely obvious there is now strong deflation in the financial economy, with the fed rate hikes. Prices for all assets are declining, real estate lagged this decline, but its unavoidable implosion is now beginning.
Clearly, Gold, and particularly silver, share in this deflationary spiral. But not quite as much as all the other assets.
The Gold Buffalo is 24K....
Bought $5 gold coin for $90.00 now selling for $263.00
Firstly you are not comparing apples to apples. Gold hit $1920 in 2011 took ten years to break that level and now we are back below that level. We are already doing damage that will take over 5 years to get back to $2075. If $1675 fails $1450 Is happening and your profit is gone. I would lock in your profit why you can. Both metals are going a lot lower unfortunately until November
Yeah, but remember how the economy was in 2011? You are also not comparing apples to apples. It is impossible to compare these things over specific times as the circumstances are so very different.
@@BackyardBullion the market Dow was $11,000 and dollar index was $72. It is all in timing. Gold is going lower and I am hoping $1675 holds if not good buy profit. We are going below $1400. Gold and silver are headed a lot lower and I mean a lot. Every small rally in silver and gold are sold immediately. Things are about to get real in metals market i personally liquidated a huge position awhile back and have another one I have to wait to dump. Gold will close the year out at a loss and might I add a big loss. Your profit is going to loss real soon. If $1675 fails to support gold it will take 5 to 8 years to break $2075 again
Wonderful video and beautiful bars at the end! BTW- Silver Dragons and I chatted about you recently. Hope you don’t mind that I included a clip of one of your pours in my video.
Not at all buddy, which video is it in, would like to hear what you all have to say!
@@BackyardBullion I’m premiering the video in about 5 hours from now. It’s the one with Silver Dragon’s logo on the thumbnail. Feel free to join the premiere if you’re available. Thanks for all the great content!
Do you have link to the forum where the bars are available ???
www.thesilverforum.com/topic/64580-100g-the-silver-forum-bars-2022-official-release-thread/
@@BackyardBullion Thanks ! 👍
Very good vid! I thinking to buy a philharmonic and some 1/4 Lunar III Tiger. The new Super pit coins is also stunning.
Nice coins those, thanks for sharing!
All I know is my savings that used to be in the bank has gained value unlike it would have kept in there.
That's a good thing!
Backyard Bullion, You should get a 100 gram gold bar!
Thanks for the suggestion!
Wise words Backyard. My gold stack has gone up a way more than inflation, not so with my silver. That is assuming both metals are evaluated at spot. Much of the silver would be, but a lot are high premium collectibles like BU Morgans.
Gold is for the champion, silver for the 2nd place.
I like your approach. I think your next buy should buy Brittiana's. Not only are they beautiful they are well known when selling them.
Thanks for the suggestion!
Finally! Someone other then my mom has realized my coolness, lol!
As one of the premier "hands-n-coins" channel, what regiment do you follow for your hand care needs? Nice cuticles BTW 😂🤣😂🤣 All in good fun Good Sir!
I don't care. I work with my hands and I am not ashamed by the fact I bite my nails. Nobody should be.
You have to watch all the way through or you'll miss the cool bars.😎👍
Yeah man, thanks for watching to the end!
There is a price supression mainly because China and Russia and a couple of other major players want to use precious metal as the new currency. In a way, they are helping them by lowering the price and giving them more purchasing power of these same precious metals which will soon be the new exchange currencies.
Precious metals might become the new bitcoin... except the volatility.
I’m looking sell some silver 999 to buy gold for space and investment. Do you buy silver at spot price ?
I liking the 2022 Gold Britannia with security features great price on Atkinsons bullion
I should have pull the trigger the other day they were down to £1480
last time I seen price that low was January 28th /22 I pick one up for £1389
Great vid 👍
Thanks!
Maybe buy a few more silver coins, more for the satisfaction of building a small collection but like you you prefer gold at the moment. The VAT and high premiums on silver here in the UK make if feel more of a risky purchase imo.
Yeah, it is very much a higher risk to buy silver!
I live in Australia and just started collecting. I have a few pieces of fractional gold. Is it better to stick with gold? I'm thinking of picking up a Kilo of silver pretty much at spot price...
Silver coins are carrying about 30/40% over spot price. tia
It doesn't seem that gild and silver has come down. I would be buying high, nit low
Playing the GSR with physica especially l in the UK doesn't work , silver has higher premiums and VAT on top of the spot price . Buy whichever you think maybe undervalued at the time if you wish but don't trade one for the other .
there are times to only buy silver , this is one of them
I couldn't agree more .
Don't be scared to buy silver it's very attractive right now...it's going to bounce back sharply in three months..
Great Video, insightful & honest. & some good suggestions! (Not advisory advice 😉) I would look into getting some 1oz US Gold Buffalo's ! I own 3 of them myself & I consider them equally as beautiful as the Classic Gold Eagle coins. The US 1oz Buffalo's are .9999 fine gold (24 Karat) unlike the (perennial circulation mix) 90% Gold Eagle 1 oz total gold weight, with 10% copper for durability. Both are magnificent ! But wait until you hold a Gold Buffalo in your hand ! Outstanding. Thank you for another great vid BYB.
🌎 ☮️🕊 🇺🇸 🇬🇧
Thanks my friend, appreciate the honest feedback. I have a buffalo, they are special.
They're spoofing EVERYDAY WTF!?!?!
It aint honest work, but it's much.
It is the way....
@@BackyardBullion another day another spoof job :*(
My suggestion is a 50g valcambi bar.
A *VOLCANO* bar!! 💡😃🌋
Nice bars those!
If gold goes down enough I might buy the 2022 gold Chun Li coin since I have the Ryu gold coin which I paid a little to much because I thought they would sell out quick
Nice, those must look amazing in the hand!
@@BackyardBullion they're nice looking not as great as what you would hope because the design doesn't pop out that great
Ramble on! I hope this counts as a comment and the algorithm that places your videos gets preferred placement, i have no idea; does the algorithm weed out one phrase comments, or are they legitimate comments, I guess it doesn’t matter now!
Short term..not a hedge. Exactly so. Long term....should be
I don't think gold and silver make a good hedge, no, you get unhappy hedgehogs, bushes and shrubs are much better. But disgruntled sad joke sighs apart, thank you so much for my 100g Silverforum bar, it has inflated my smile.
No worries my friend, thanks so much for the support!
See your holding that "500 pound " coin. Considered buying some. Why the fk do they even have a denomination denoted in "500 pounds" if nobody including the royal mint , bank of England, and every single uk retail/ commercial bank won't accept them????
A court would accept them in payment of a debt. That's all.
When dxy fails as reserve currency gold and silver could lose paper markets and explode. Actually all precious metals.
I think inflation ate away some of the extra 400,if not more…..
I don't think inflation is the full £400
the key word is "future" everyone expects instant gratification and parabolic returns like crypto. long term is a safe bet
Thanks, I agree!
In 5 years with inflation your 1015 pounds rose to 1415 pounds and now has the purchasing power of 1168 pounds. That’s isn’t the best return on investment. It has stored your wealth but hasn’t increased your wealth so I guess it is good or bad depending on your desired result.
All I am seeing from this is that the purchasing power has been preserved and has increased.
Buy a bunch of older sovereigns, francs or even better more Mexican gold pesos!
I would love to buy a 50 pesos gold coin but I cannot find any for sale at a low premium at this time.
@@BackyardBullion
Just waiting for better silver prices so I can exchange for more gold myself.
Exchange rates also is a factor when purchasing in SA.
Good time to buy
Seems like it!
Silver bear is near end and will probably recover faster than it dropped, intrest in buying silver will grow as the fed rates tamp down inflation to around 3 and another cycle of stimulus policy begins, if they can keep the people believing the understated stats of moderate unemployment and inflation then they will want to reinflate it again! Whew this has got to end bad somewhere! Maybe alull in prices will give them tie to transition smoothly for the big reset! What is the story on the resett; gosh, this is stressful; the certainty is the status quo will try maintaining as long as possible and nost of us will get ground in the winds of change! Now it’s a comment!
I'm looking at buying some silver bullion
I would have a good long think about buying gold instead!
Paper currencies = scheme
While the is a5 beautiful pour lol
what about paper silver ? that's even worse!
I agree!
❤ perspective ❤
Thanks as always buddy!
Keep going down so I can afford it 👍🏽
Yes please!
Gold is going down more...
I stack for the long term 💯
Uganda means gold price = gold price/4
Because gold and silver ain't shit.
Please make more videos
Fear not, already have man more planned!
Forgot about useless gold byb, double down on your business and load up on silver shot at a discount!
I have got two separate hats on, my business hat is of course buying silver but my stacker and pension savings hat is buying gold
So you think the "economy" will be more or less the same in 5 to 10 years with a little transitory inflation here and there? All these fiat currencies will still be around basically in same form they are now and it'll be a long slow grind of money printing going forward as far as the minds eye can see?
Don't get caught in normalcy bias. I think BIG economic and financial shifts are on the way within 6-12 months and I would back up the truck if I had a truck.
I must be seeing a totally different world. It's not about the metals, it's about the world economy being based on fiat and derivatives and how long is that going to continue to work?
Silver $14, gold $1300 by years end. Massive PM supply in the pipeline. 200 million tons of above ground silver coming to market!
shhhhh. don't let the brainwashed silver folks into the secret lol. I'd like my gold premiums to stay reasonable, and I need more sovereigns. Capped my silver stack at a few hundred ounces for now. All my energy and effort is into gold.
I mean, you are not wrong! Thanks for stopping by!
Dollar index.
Yes indeed!
Paper up , gold down ?
How about not putting "gold and silver" in the same category? They aren't the same metal, and for sure not directly related to each other's price.
Gold is king, gold isn't down, gold is UP! just barely below all-time high.
Silver, the poormans metal, is down and will keep dumping.
Whomever bought silver paying 50% premiums, cause muh silver squeeze, shouldn't be allowed to vote.
GML
What does GML mean?
@@BackyardBullion Gold Matter Lives
smells fishy
So tired of all the BS. Those of you who are just screwing around get the F out. You know who you are, see you, go, goodbye. It is frustrating to see the posers. The ones who have no $. Listen and maybe you might get something out of the conversation.
Couldn't agree more!