During relatively stable economic times, I would not have a problem storing my metals in a remote vault service such as yours....even one offshore. But most true stackers accumulate metals as an insurance policy against global financial meltdown, in which case having 20, 30, or 100 thousand worth of metals stored in a facility 2,000 miles away wont do me any good at all. If you think a flood may be coming, do you want a boat in your backyard, or do you want a piece of paper saying you own a boat in the Cayman Islands? Just food for thought.
My thoughts too. I'd rather keep with me than in a bank or some vault. There might even be a tiny clause in the agreement somewhere saying they are not liable for losing our stored metals in times of war or etc. However, anything stored at home may risk being stolen or exposed to risk of disasters such as fire etc... Perhaps a good idea is to get them insured. Having them in forms of jewelry so you can wear them is a good way to always have them with you too. It's what people in asia do.
*Every ancient culture in human history entered the chat* Precious metals survived every civilization across the globe ever since the turn of agriculture 😂 But prostitution perhaps existed prior to the invention of monetary value
@Truthfears Guilty let me explain what god is for your own good. Answer this: Have you ever seen an invention without its inventor??? So,Why you think earth and universe was created without its creator. Damn big one with billions of planets?
Various industrial uses for gold include: Electronics and electronic components. Computers, memory chips. Dental fillings. Medical treatments. Space vehicles, space circuitry (conductor, connector, mechanical lubricant) Glass production.
Gold is when you want your wealth to be stored in a very dense spot and thus compact. Silver is when you want your wealth to be too heavy to get carried away by theives
@alan bane WE? How do you fabricate an Element? @Oscar I like platinum as an investment, still feel the auto makers will retool from palladium back to platinum. But, maybe palladium actually works better for them? Still limited sources and unknown future uses, seems like a cheap buy right now.
You should of mentioned the Gold Silver Ratio for beginners. Some stackers I watch say go all in on silver because the ratio is so high right now. But you mentioned as I am learning, the shear weight of silver gives it a slight disadvantage to gold. I think I heard Gerald Celante say once that he prefers gold over silver because of the ease of portability.
Hi Joseph, the gold silver ratio is definitely a relevant point and will be addressed in a future episode, 100%. Thank you for your feedback. Enjoy the rest of the episodes.
Celente is a multi millionaire so if he bought silver he would need a Walmart to store in. While same monetary amount of gold would take up a bathroom stall in the Walmart. Silver outperforms gold wether up or down. Gold goes up or down 5x silver will follow 10-20x faster. In next recession it is said silver may outperform 30x faster. Unless you plan on investing hundreds of thousands of dollars, silver is there way to go.
@@williamwilson6499 English is my second language, but it still bothers me when I read that. It also tends to be used by people born in the states and who studied English here. I may have a thick accent, but I try to pay attention to my grammar. :D
it's risen hundreds of dollars this year alone... i don't know why everyone says that. this video came out this year and he said an ounce was 13 hundred but it's 15 hundred rn
Precious metals are well...precious, regular currency can loose most or all of its value at anytime. This is why I want to learn about investing in gold and silver, this video had helped, thanks.
Wrong. Only thing that can loose all of its value is the promissory note since it is backed by nothing but well wishes. Gold and silver will always have a value, period. With gold, either above spot price or slightly below it. gold and silver is the actual wealth representation. So u will never be broke if u possess either one.
Meanwhile, bankers, currency, and commodities traders are laughing as they steal 1000X more than that every day from their clients without even needing to physically do anything!
As far as I know 400 oz gold bars are as big as it gets. Well depending on the manufacturer it's between 400-600 ounce bars and that's what central banks stash away in their vaults. I remember watching a video of a shipment arriving at the New York vault and it was 400 oz gold bricks, this is the standard large format bars for governments.
Price ratio is something to consider. Right now the ratio is 89/1. It dips below 65/1 every 4-7 years. With that being considered, buy silver when the ratio is high, then trade for gold when the ratio is low. Then back to silver when it goes high again. You can grow your investment over time (in ounces) without putting in more cash, or you can continue to invest, multiplying the effect.
@@techtalks86 the price of gold divided by the price of silver. It tells you how many ounces of silver it would take to get one ounce of gold. So, if you use 65 ounces of silver to buy one ounce of gold, wait for the ratio to go up, then trade that one ounce of gold in for 85 ounces of silver.
Love your show very informational I just started with fractionals in gold after I hit 250 pounds in silver now I’m starting over in gold, but I will always by low mintage buillion silver.
Five years ago I got heavily into bitcoin but I have sold most of my position and have decided to go into gold. As I see it, fear in this economy is real and industrial demand is likely to fall so I am not bullish on silver. What is really great is now there are i ounce wearable gold products which means I can fly out of the country easily with 20 ounces around my neck and not get stopped as the TSA is only looking for coins or bars.
about the shipping of this kind of big bars or expansive bars like the gold ones: gold bars will be better insured and so way more expansive than if you buy a bar of the same size in silver? ;)
The price 5 years ago. Vs price today.😮 i remember 1st time i watched this video few weeks of study about it , i bought my first silver maple leaf. And still buying till now. ❤
For the first time in my life, I strangly had a dream about walking into this really tall room filled with gold stacked shelves that were supernaturally stacked high. Ever since then I'd stumble upon videos like this.👌
I've always been bullish on brass and lead; I figure if the time comes and I need or want gold or silver; aquisition would be better suited then, as I exchange one commodity for the other. Perhaps a decent holding of the same will allow me to keep a diverse amount of said commodities into the turbulent economic future.
I believe most metal lovers stack all the metals. But, even if not using the Brass/Lead for protection or direct acquistion, their value may be higher than silver when traded if you trust who your trading with.
Texas Precious Metals has free shipping on everything and their prices are pretty good too. I buy 1 or 2 ASE at a time and the free shipping adds up fast.
Great presentation. Nice visual with the bars of metal. I always convert my silver and platinum into 24K gold grain. It stores easily and is easy to resell to the jewelers who need it to make karat gold items. Reselling pure silver, I found, is difficult as I've never met anyone in the jewelry industry who alloys their own sterling.
@@RonJohn63 I bring my precious metal scrap to the refiner (you need a business license to get in. Patriot Act) and instead of taking back a check, I take back 24K grain). I just horde it for now. They charge me a few bucks over spot.
As someone who is new to precious metal investments, my initial thought was start with Silver and work my way up to Gold as my portfolio increased and what not. Starting out low and plan to slowly and steadily increase it. Yay or nay? any advice?
Hi Dutch, yes we do sell and store platinum, palladium and rhodium. And thanks for the idea, we may make a video in Season Two about the platinum group metals.
@@SWPCayman love the episodes very profession and cool stuff to see way over my budget im a montly stacker woth a budget of 400 dollars and down most times less😉😁
rule of thumb one......don't buy if the metal is more expensive than your running average. rule #2 between ratio of 80-75 - compare premiums (over/shortage on stock) either is good, 77 is arguably the dead centre. Rule #3 most important, +81 - buy silver - 75 or less, buy gold.
@@hugosmith6776 That's sound advice, I have some silver I got at 91-1 looking to roll into gold at 65-70. I think this will give me the max amount of gold for the money.
You need to look at the big picture in history. Not just the last fifty years. But over thousands. It was always 15/1 before the stock market and derivatives manipulation started. It fell to 50-60 ish, then got really daft recently. Post crash it will go much closer back to the trend. Remember the REAL ratio is 8-9 to one... As it comes out of the mines. Anything more is a rip off. All I care about is the GSR. I will start swapping back into gold below 15, or hold. Below 10 and I will swap entirely at some point. Or happy to wait. At no point will I sell any metals for junk fiat paper cash!!
I was always under the impression it was better to have smaller amounts like 1oz bars rather than larger ones so that if you were in need you could sell 1oz bars rather that to have to sell off a whole 5 or 10 oz bar.
1oz gold coins allow you to gradually add to or sell off your gold a little at a time vs a big bar. Gold is used in electronics, and aerospace applications
Great information bro, I just have one question.... what happened to the color of your hands at 5:48? Other than that I will be give you guys a look for my next purchase.
it's an investment & spendable with legislation in different States & having a K-exchange. I sent you my link about some from my Federal international gold bullion bar Bank
gold- short term silver- long term question is can any of it be bought without accounts and money trails that let the GOV know what you have so they can latter steal it? considering they already have...
I agree with the OP. Exiting silver before a massive rise will cost you due to the tax in the UK. Gold is cheaper to pop in and out of. Long term gold will do well, but silver will explode post JPMorgan manipulation.
I can walk into the local dealer and pay cash or sell for cash. Only time paperwork is needed I believe is over $ 10,000.00 Easy to find the actual details.
3:50 thats awesome my 18th birthday is in 4 days and I made it my new years resolution to start investing into Silver and Gold (physical) from now on good to know building up a Silver Stash especially is a good idea going forward due to its rising industrial use and the shortages going around i wanted to start buying up all the Silver and Gold i could when I was 16 but my family told me to just save my money when thats kinda what I was doing when I start up my stash thats exactly what its gonna be im gonna keep it all under my other house in the crawl space
Good silver ratio is at 90-1, prolly 80-1 when this vid was made. Everybody knows over 60-1 u but silver only, wait till it goes to 40-1 and trade in, basically your getting a free ounce of gold.
I know it all depends on the current market price but it would have been nice to see how your 50-50 mix of 10.000$ looks like in products and how much it weighs...
0:00 💰 Over $120,000 worth of silver and the equivalent in gold are shown. 0:10 🪙 The video will discuss whether to invest in silver or gold. 0:56 🏭 Silver has numerous industrial applications, while gold is mainly used for investment and jewelry. 1:38 🪙 Gold products include one-ounce coins and various sized bars from different producers. 3:13 📦 Gold is easier to transport and store compared to silver due to its smaller volume. 3:30 🪙 Silver products include one-ounce coins and bars of different sizes, with lower price points than gold. 5:00 ⚖ Larger silver bars are used in industrial applications and can be purchased by investors for lower premiums. 5:50 ⚖ A mix of gold and silver in your portfolio is recommended for diversification. 6:57 📉 Gold typically has lower premiums over spot price compared to silver. 7:47 💡 Strategy: If investing $10,000, consider a mix of gold and silver, or focus on one for lower premiums and buy the other subsequently. 9:00 🚚 Storing and shipping silver is more expensive due to its weight and volume. 9:16 🤝 Both metals complement each other; diversification is key.
it's an investment & spendable with legislation in different States & having a K-exchange. I sent you my link about some from my Federal international gold bullion bar Bank
Silver, anti microbial and anti bacterial , mixed with gold, sticks to one spot for a long time and doesn't decay. Company out here in Utah mixes them both at a Nano level and ends up with a liquid that you can spray out of a hose ( think back yard redone pesticide sprayer ) Whatever you spray will remain clean for a very, very long time!
A riddle for precious metal experts: I'm at security check at an airport and I'm only allowed to skip with a maximum of 10,000 euros on cash. Let's say I have 10 Gold Philharmonic coins of one ounce each worth 19,000 euros, but adding only 1000 euros in face value. Can I still bypass customs because the face value of the 10 gold coins only adds up 1000 euros?
I'm 15 and started buying precious metals when I was 14, iuts been great to feel safe with any money I haven't spent especially with the UK going through all that has recently happend 🤦♂️ only have 53 ozts of silver and 1 gram of gold but in 2020 I'm working on gold and stocks to spread my portfolio
A good buddy at work sold me a bunch of 1950's and 1960's silver nickels. He said he'd sell them at a spotted (?) price to me, so now at least i have something. Kind of exciting!
@@maitlember9727 Oxidation creates a patina refered to as toning and this in many cases makes the product even more valuable especially for rainbow colors. I have never tried to keep mine from oxidation and honestly after 5 years or more most of it has not changed all that much.
That is true. For short term gold is safer. But for the long term, post JPMorgan manipulation, the upside in silver will be huge. We have both. But silver is what will make me multiples wealthier. Gold by comparison will merely do OK.
@@kubevoid3977 "post JPMorgan manipulation, the upside in silver will be huge." LOL people have been saying that for as long as they've been saying the world will collapse. Jesus hasn't returned in 2000 years, and America hasn't collapsed into STF EOTWAWKI WOROL.
I collect silver. I go into my local collector every paycheck and buy a bullion coin or two. If i saved up a bit, ill get a 10oz bar, once i got 10 10oz bars ill sell them and buy a 100oz bar. The point is to collect as many different global currency silver coins as possible. And to collect in quantity a little bit of silver as well.
Tarnish is hard to prevent. As long as your buying bullion as opposed to numismatics or collectable silver, tarnish won't have much effect. If your buying collectibles you are going to want to store them in capsules or some kind of protective container and avoid handling them with bare hands/fingers. One of the things not mentioned in the video are rounds vs coins. Coins are struck by sovereign mints and have legal tender value. Rounds are are struck by private mints and do not have legal tender value. I tend to prefer rounds over coins due to their premium and I don't have to worry about how pretty they look when its time to sell.
jec1ny when you mean round you mean bars? Ik it’s a dumb question but I’m starting to buy gold and silver and still trying to figure out whether I should buy coins or bars (whether gold or silver)!
Wait until premiums drop I’m getting pounds at $15 I’m trying to find larger bulk at 5-50 pounds maybe more to get closer to $3.50 a pound price. Never buy oz
It's a compelling argument, true. But I don't think it's "bound" to do anything; the same reasons why this ratio increased thus far might push it even further in the future, and it wouldn't be any less logical. I expect silver to go up significantly, but since its price was mostly suppressed by manipulation thus far, I don't see why manipulation would suddenly cease unless the manipulators were somehow removed from the position of power.
When you are buying precious metals, any investment is a good investment, as long as you are purchasing coins and/or bars made from any reputable refiner or Sovereign Mints.
Funny you say that. In the book "Your Money or Your Life" in the first few sentences it says something along the lines of "If you were offered a billion dollars but had to spend the rest of your life in a silent dark room alone you wouldn't take it. It's not the money you want. It's the life the money can buy. The name of the book (Your money or your Life) comes from if a mugger put a gun to your head and said your money or your life you'd give up your money. You value your life more than money. Yet do we? We consistently are given that same deal throughout our lives and we chose money instead of living our life. Great book!
During relatively stable economic times, I would not have a problem storing my metals in a remote vault service such as yours....even one offshore. But most true stackers accumulate metals as an insurance policy against global financial meltdown, in which case having 20, 30, or 100 thousand worth of metals stored in a facility 2,000 miles away wont do me any good at all. If you think a flood may be coming, do you want a boat in your backyard, or do you want a piece of paper saying you own a boat in the Cayman Islands? Just food for thought.
Facts
My thoughts too. I'd rather keep with me than in a bank or some vault. There might even be a tiny clause in the agreement somewhere saying they are not liable for losing our stored metals in times of war or etc. However, anything stored at home may risk being stolen or exposed to risk of disasters such as fire etc... Perhaps a good idea is to get them insured. Having them in forms of jewelry so you can wear them is a good way to always have them with you too. It's what people in asia do.
Preach
Bodhi Madden id din't work even if I payed
@@jazzyk4046 that’s why you read agreements before you sign and that’s why you don’t put everything you own in the hands of the bank
Casting couch: "So you just turned 18.."
Precious Metal Dealers: "So you just turned 18.."
Question is who will screw you over the most
yep
*Every ancient culture in human history entered the chat*
Precious metals survived every civilization across the globe ever since the turn of agriculture 😂
But prostitution perhaps existed prior to the invention of monetary value
How about a golden shower? 😂
@@Dylski. sounds painful, physically and in spirit
Silver is more practical though... You can kill vampires with it.
Silver kills warewolfs not vampires.
1 oz silver rounds
@@txbob5978 The reason vampires don't show up in mirrors is that mirrors used to be made out of silver.
Blah blah
@@txbob5978 Vampires too, you ever watch Blade?
Silver is there currency of gentlemen. Gold is the currency of Kings
Platinum for the Gods then?
@Truthfears Guilty Whatever the fools believe they are...
What do you guys think of Palladium? ( Not sure if i spelled it right )
@Truthfears Guilty let me explain what god is for your own good.
Answer this: Have you ever seen an invention without its inventor??? So,Why you think earth and universe was created without its creator. Damn big one with billions of planets?
@@leifc.6045 dont bother gold or silver are top dogs for tradinf
IMO with the Gold to Silver ratio so high, I would lean into more silver and flip some into gold as the ratio got markedly lower.
Smartest thing said
I wish I had known about trading the gold to silver ratio 50 years ago.
that didnt age well lol
Truer words were never said.
That's if you have access to a dealer that won't rip you off in transaction costs when you do it. There are only pawn stores around here.
Any other stackers stopping in to salivate over the deliciousness here?
Fiat Destroyer yep
Yes
Just stacking
Fiat Destroyer did you say SAL a vate
Bitcoins better!
Various industrial uses for gold include:
Electronics and electronic components.
Computers, memory chips.
Dental fillings.
Medical treatments.
Space vehicles, space circuitry (conductor, connector, mechanical lubricant)
Glass production.
I got an ounce of gold for my girlfriend. I thought it was a fair trade.
Pussy is pussy
Depends. If she was a good cook and did laundry, she was probably worth at least 2 ounces, bahahaha
LoL
Simp
@@josephwilliams1915 He didn’t reply I guess she aint
Gold is when you want your wealth to be stored in a very dense spot and thus compact. Silver is when you want your wealth to be too heavy to get carried away by theives
Right
lmao hit the gym soyboy silver isnt that heavy
safe weights lol
Exactly
The question is which metal has the greater upside potential.
Silver.
Agreed
You should check out platinum then
I’m about 60/40 with gold being the 60. Silver gets bulky and heavy quick. I love both but gold is just easier to own.
@alan bane hey, can u show me where I can read more about this
@alan bane WE? How do you fabricate an Element?
@Oscar I like platinum as an investment, still feel the auto makers will retool from palladium back to platinum. But, maybe palladium actually works better for them? Still limited sources and unknown future uses, seems like a cheap buy right now.
Pallets of gold and silver.
Here it comes...
JEALOUSY!
my precioussss...
I paint the silver bars with brick colored tempora paints and use them as door stops. (said Scrooge McDuck)
Classic..
when I buy a house I'm doing this
Love these episodes and your delivery. I really appreciate this as a new investor! Cheers 🍻
You should of mentioned the Gold Silver Ratio for beginners. Some stackers I watch say go all in on silver because the ratio is so high right now. But you mentioned as I am learning, the shear weight of silver gives it a slight disadvantage to gold. I think I heard Gerald Celante say once that he prefers gold over silver because of the ease of portability.
Hi Joseph, the gold silver ratio is definitely a relevant point and will be addressed in a future episode, 100%. Thank you for your feedback. Enjoy the rest of the episodes.
Should of?
Celente is a multi millionaire so if he bought silver he would need a Walmart to store in. While same monetary amount of gold would take up a bathroom stall in the Walmart. Silver outperforms gold wether up or down. Gold goes up or down 5x silver will follow 10-20x faster. In next recession it is said silver may outperform 30x faster. Unless you plan on investing hundreds of thousands of dollars, silver is there way to go.
@@williamwilson6499 English is my second language, but it still bothers me when I read that. It also tends to be used by people born in the states and who studied English here. I may have a thick accent, but I try to pay attention to my grammar. :D
@@SWPCayman can you discuss goldbacks? I believe the best and easiest way to carry around or transfer your wealth .
Where are you located looking for a space just like that, and your name and address please.
Cayman Islands - check our website swpcayman.com for full details
@@SWPCayman I think that was a "Iam going to rob you" joke.
You're going to have a hard time getting all that bullion on a commercial boat or plane and especially through customs.
@@SWPCayman If I was a multi millionaire. I'd buy your vault and the pms you have in it.
Good video
The Golden boat had left a long time ago. Silver boat is still at the pier and you can still board it at less than $20 per oz.
it's risen hundreds of dollars this year alone... i don't know why everyone says that. this video came out this year and he said an ounce was 13 hundred but it's 15 hundred rn
Thanks for mentioning Texas Precious Metals. I’ve been looking for a new place to shop for gold.
Simple, easy to follow, to the point. Thank you sir.
EXCELLENT video sharing with my customers! Thanks!
Lol “ it’s 70 lbs, feels like 120 ! “ love this Guy already
Precious metals are well...precious, regular currency can loose most or all of its value at anytime. This is why I want to learn about investing in gold and silver, this video had helped, thanks.
fiat no more!
Wrong. Only thing that can loose all of its value is the promissory note since it is backed by nothing but well wishes. Gold and silver will always have a value, period. With gold, either above spot price or slightly below it. gold and silver is the actual wealth representation. So u will never be broke if u possess either one.
@@champbrady633 Even the rappers are talking about real wealth now but some kids are too stupid to understand ..
@@HeyShaded I agree
You got so much silver it makes me think it is a common element.
het is ook vrij gemakkelijk aan te komen hahaha
Lol he’s got tens of MILLIONS
Silver above ground ready to use is actually more rare than gold. Because gold is saved and silver is consumed.
Silver used as medicine. Could it be used against this virus? 🤔🤔
@@mrleafbeef634 maybe if you inject silver into the body youll be cured. You should be the first guinea pig
But it's easier to steal 120k worth of gold than 120k worth of silver lol
very true
Great point
easier to hid 120k worth of gold than silver
@@matthewmoore202 an even better point.
Meanwhile, bankers, currency, and commodities traders are laughing as they steal 1000X more than that every day from their clients without even needing to physically do anything!
I feel like he is undervaluing golds' importance in the growing Aerospace industry. Although I do plan to buy silver over gold.
Man just looking at those bars is addicting!! I would love to seen you pull out the 1000Oz gold bar
As far as I know 400 oz gold bars are as big as it gets. Well depending on the manufacturer it's between 400-600 ounce bars and that's what central banks stash away in their vaults. I remember watching a video of a shipment arriving at the New York vault and it was 400 oz gold bricks, this is the standard large format bars for governments.
They have 5000 Kitco bars.
In today’s market with all the going on’s, I have a feeling that silver will go up to a nice healthy amount. It’s currently under $13 an oz
Nope
Looking good Eric, climbing to $19!
$13?! I paid $26 and I still think it's an amazing investment for this time.
Price ratio is something to consider. Right now the ratio is 89/1. It dips below 65/1 every 4-7 years. With that being considered, buy silver when the ratio is high, then trade for gold when the ratio is low. Then back to silver when it goes high again. You can grow your investment over time (in ounces) without putting in more cash, or you can continue to invest, multiplying the effect.
What is ratio
@@techtalks86 the price of gold divided by the price of silver. It tells you how many ounces of silver it would take to get one ounce of gold.
So, if you use 65 ounces of silver to buy one ounce of gold, wait for the ratio to go up, then trade that one ounce of gold in for 85 ounces of silver.
@@neemguy81 thanks a lot
@@neemguy81 ration is 89/1 so good time to buy silver?
@@neemguy81 in your opinion it is best time to buy silver?
Love your show very informational I just started with fractionals in gold after I hit 250 pounds in silver now I’m starting over in gold, but I will always by low mintage buillion silver.
Great job. Thanks for sharing valuable information. Keep doing good job
Thank you Sanjay, much appreciated. Make sure to subscribe to our channel if you haven't already.
Five years ago I got heavily into bitcoin but I have sold most of my position
and have decided to go into gold. As I see it, fear in this economy is real and
industrial demand is likely to fall so I am not bullish on silver.
What is really great is now there are i ounce wearable gold products which
means I can fly out of the country easily with 20 ounces around my neck and not get
stopped as the TSA is only looking for coins or bars.
I would be uncomfortable af when passing through scans where you have to take it off and put it on a tray
THMSTR100 no u can, but u have to declare at custom n maybe pay a duty/import tax else its smuggling
@@imjyun The duty is not high.
This didn't age well. Bitcoin will be arpund $100K in 2021.
You'd be slamming ya head against the wall wouldn't you considering 5 years ago Bitcoin was around $500 now around $50k aud.
Great stuff. Thanks for sharing. A lot of great information.
Glad you enjoyed it! For more information check out our website swpcayman.com/.
Fascinating! Thank you for such a great presentation.
Glad you enjoyed it!
Thank you
about the shipping of this kind of big bars or expansive bars like the gold ones: gold bars will be better insured and so way more expansive than if you buy a bar of the same size in silver? ;)
Can you sell me some silver bro
@@cruzgomes5660 At the moment i dont have any silver for sale
Short answer is you should own a bit of both.
How much og each is total up to you self and your buying power, thats it.
I try to keep my ration close to the real ration so for every ounce of gold i have i want approx 100ounces silver
Team Skovhugger That’s exactly what I’m doing. I don’t get into the whole gold vs silver. Both are what I’m interested in.
Thanks Mark, Another great video!
In Australia a one ounce gold coin costs 3000 dollars.
I'll just stick with silver, it's bigger.
The price 5 years ago. Vs price today.😮 i remember 1st time i watched this video few weeks of study about it , i bought my first silver maple leaf. And still buying till now. ❤
Gold is use in micro electronics, smart phone, sensitive medical equipment, pc motherboard, rams, GPU etc you get my point.
Silver is used way more though. You can't go a day without using some sort of item that has silver in it
For the first time in my life, I strangly had a dream about walking into this really tall room filled with gold stacked shelves that were supernaturally stacked high. Ever since then I'd stumble upon videos like this.👌
inside the vaule: where we store 1/10th of the bullion we claim to have
Excellent informative video, thanks
I've always been bullish on brass and lead; I figure if the time comes and I need or want gold or silver; aquisition would be better suited then, as I exchange one commodity for the other. Perhaps a decent holding of the same will allow me to keep a diverse amount of said commodities into the turbulent economic future.
I believe most metal lovers stack all the metals. But, even if not using the Brass/Lead for protection or direct acquistion, their value may be higher than silver when traded if you trust who your trading with.
Nicely couched, Don. I agree.
"...or investors like you, and me..." *as he stands in a literal vault surrounded by gold and silver*
hahaha I wish, man!
I would like to stack a bunch of the 10oz gold bars in a vault hidden behind a painting in my house.
Investing Book Summaries Thank you for telling me. I appreciate that. I’m visiting you soon ;)
Are you going start by 1st buying the house or the painting?
I am 16 and getting in to the market love this vids
I wonder what his opinion would be on goldbacks in this mix, being investment quality gold intended to be used as money.
Texas Precious Metals has free shipping on everything and their prices are pretty good too. I buy 1 or 2 ASE at a time and the free shipping adds up fast.
Great presentation. Nice visual with the bars of metal. I always convert my silver and platinum into 24K gold grain. It stores easily and is easy to resell to the jewelers who need it to make karat gold items. Reselling pure silver, I found, is difficult as I've never met anyone in the jewelry industry who alloys their own sterling.
Glad you like it Bob. Be sure to share the channel with other gold and silver enthusiasts.
_I always convert my silver and platinum into 24K gold grain._
How? And what premium (or discount) do you sell it for over spot?
@@RonJohn63 I bring my precious metal scrap to the refiner (you need a business license to get in. Patriot Act) and instead of taking back a check, I take back 24K grain). I just horde it for now. They charge me a few bucks over spot.
Thank you again for sharing ! I am very happy to see those Bars. 😊
As someone who is new to precious metal investments, my initial thought was start with Silver and work my way up to Gold as my portfolio increased and what not. Starting out low and plan to slowly and steadily increase it. Yay or nay? any advice?
Depends, if you have a good income source and can afford it. Gold if not silver cheap and is said to rise
Great, informative vid.
Thank you! 💰
Very comprehensive. Well done!
Thank you
One of the best videos so far.
do you guys also store Platinum and what about it will you make a video about the ups and downs of the metal?
Hi Dutch, yes we do sell and store platinum, palladium and rhodium. And thanks for the idea, we may make a video in Season Two about the platinum group metals.
@@SWPCayman love the episodes very profession and cool stuff to see way over my budget im a montly stacker woth a budget of 400 dollars and down most times less😉😁
Best advice about subsequent purchases
Like to hear about silver gold ratios, and how they may narrow.
rule of thumb one......don't buy if the metal is more expensive than your running average.
rule #2 between ratio of 80-75 - compare premiums (over/shortage on stock) either is good, 77 is arguably the dead centre.
Rule #3 most important, +81 - buy silver - 75 or less, buy gold.
@@hugosmith6776 That's sound advice, I have some silver I got at 91-1 looking to roll into gold at 65-70. I think this will give me the max amount of gold for the money.
We'll definitely consider it for season two.
You need to look at the big picture in history. Not just the last fifty years. But over thousands. It was always 15/1 before the stock market and derivatives manipulation started. It fell to 50-60 ish, then got really daft recently. Post crash it will go much closer back to the trend. Remember the REAL ratio is 8-9 to one... As it comes out of the mines. Anything more is a rip off. All I care about is the GSR. I will start swapping back into gold below 15, or hold. Below 10 and I will swap entirely at some point. Or happy to wait. At no point will I sell any metals for junk fiat paper cash!!
This is true. I spent 2,300$ ongold silver and platinum but I only have a little over 1,000$ worth of metal because of premium
I was always under the impression it was better to have smaller amounts like 1oz bars rather than larger ones so that if you were in need you could sell 1oz bars rather that to have to sell off a whole 5 or 10 oz bar.
If you want to make larger trades it would be handy to have big bars. Such as for cattle or land
1oz gold coins allow you to gradually add to or sell off your gold a little at a time vs a big bar. Gold is used in electronics, and aerospace applications
Great information bro, I just have one question.... what happened to the color of your hands at 5:48? Other than that I will be give you guys a look for my next purchase.
Ha! Special effects Harvey. Enjoy the rest of the videos!
Really cool video. Thanks. 👍
Me in the future wearing some Lululemon silver-infused yoga pants and working out:
Hey, grab that 70lb bar for me... yea... the silver bar..
Get it girl 🙃🤑
Ppppffffhh. Prefer gold as long term while silver short term.
it's an investment & spendable with legislation in different States & having a K-exchange. I sent you my link about some from my Federal international gold bullion bar Bank
Ive watched this very about 8 times now... so much eye candy!
gold- short term
silver- long term
question is can any of it be bought without accounts and money trails that let the GOV know what you have so they can latter steal it? considering they already have...
I agree with the OP. Exiting silver before a massive rise will cost you due to the tax in the UK. Gold is cheaper to pop in and out of. Long term gold will do well, but silver will explode post JPMorgan manipulation.
I can walk into the local dealer and pay cash or sell for cash. Only time paperwork is needed I believe is over $ 10,000.00 Easy to find the actual details.
3:50 thats awesome my 18th birthday is in 4 days and I made it my new years resolution to start investing into Silver and Gold (physical) from now on good to know building up a Silver Stash especially is a good idea going forward due to its rising industrial use and the shortages going around i wanted to start buying up all the Silver and Gold i could when I was 16 but my family told me to just save my money when thats kinda what I was doing when I start up my stash thats exactly what its gonna be im gonna keep it all under my other house in the crawl space
Good silver ratio is at 90-1, prolly 80-1 when this vid was made. Everybody knows over 60-1 u but silver only, wait till it goes to 40-1 and trade in, basically your getting a free ounce of gold.
Or 15/1 if it goes back to the 6000 year trend.
1 year later, Gold is $1,700/oz O.o from $1,300 stated
Golds at 2050 In August 2020
@@chris6197 Gold a $2500 Aug 2024
In the UK gold is VAT free while on silver you pay VAT.
I know it all depends on the current market price but it would have been nice to see how your 50-50 mix of 10.000$ looks like in products and how much it weighs...
Good idea rtcmanga, we'll keep that in mind for Season 2. Be sure to subscribe to our channel and enjoy the rest of the videos!
0:00 💰 Over $120,000 worth of silver and the equivalent in gold are shown.
0:10 🪙 The video will discuss whether to invest in silver or gold.
0:56 🏭 Silver has numerous industrial applications, while gold is mainly used for investment and jewelry.
1:38 🪙 Gold products include one-ounce coins and various sized bars from different producers.
3:13 📦 Gold is easier to transport and store compared to silver due to its smaller volume.
3:30 🪙 Silver products include one-ounce coins and bars of different sizes, with lower price points than gold.
5:00 ⚖ Larger silver bars are used in industrial applications and can be purchased by investors for lower premiums.
5:50 ⚖ A mix of gold and silver in your portfolio is recommended for diversification.
6:57 📉 Gold typically has lower premiums over spot price compared to silver.
7:47 💡 Strategy: If investing $10,000, consider a mix of gold and silver, or focus on one for lower premiums and buy the other subsequently.
9:00 🚚 Storing and shipping silver is more expensive due to its weight and volume.
9:16 🤝 Both metals complement each other; diversification is key.
Ok - gold is so nice, sexy. Silver is wonderful and sexy as well, but she's a little cheaper and will still come home with you
I would like to a have a little more "he" to my collection. "She" is cheap..
it's an investment & spendable with legislation in different States & having a K-exchange. I sent you my link about some from my Federal international gold bullion bar Bank
@@JRob-qn4hf what link
Liked and subbed, great video!
That's the one: 1000Oz, well picked up Mark! :o)
Silver, anti microbial and anti bacterial , mixed with gold, sticks to one spot for a long time and doesn't decay. Company out here in Utah mixes them both at a Nano level and ends up with a liquid that you can spray out of a hose ( think back yard redone pesticide sprayer ) Whatever you spray will remain clean for a very, very long time!
now I know why the future was chrome in Spongebob
@@RandyRandersonthefamous you might be onto something..
Good info. Thanks.
Thank you Steven, much appreciated. Enjoy the other eight episodes. All are live on our channel.
A riddle for precious metal experts: I'm at security check at an airport and I'm only allowed to skip with a maximum of 10,000 euros on cash. Let's say I have 10 Gold Philharmonic coins of one ounce each worth 19,000 euros, but adding only 1000 euros in face value. Can I still bypass customs because the face value of the 10 gold coins only adds up 1000 euros?
You forgot gram gold for us college kid I’m almost to my first oz
Awesome Jonathan. I wish I had started at your age. Keep on stacking!
Strategic Wealth Preservation - SWP I’m almost to my first oz of gold and I just passed 100 ozs of silver lol
What do you guys think of gold ETF's?
Keep stacking
Diversify your metals like he says and buy bullion only
Great informative video. Thanks for this.
I'm 15 and started buying precious metals when I was 14, iuts been great to feel safe with any money I haven't spent especially with the UK going through all that has recently happend 🤦♂️ only have 53 ozts of silver and 1 gram of gold but in 2020 I'm working on gold and stocks to spread my portfolio
Congrats, wish I started back then. I spent and spent even though I worked hard.
Are you in the UK? Just be aware of VAT and CGT when deciding what type to buy.
@@jonelectronics510 eu mint comes in handy there 😂😉
@@potofjam8904 absolutely ;)
@@jonelectronics510 are you also UK?
Thank you for the information.
Beautiful silver. Wow.
I have made videos like this and it really does depend
Great videography btw. Metal Bum
A good buddy at work sold me a bunch of 1950's and 1960's silver nickels. He said he'd sell them at a spotted (?) price to me, so now at least i have something. Kind of exciting!
You have something
eh... they ain't silver....
I would rather have the pile of silver and let it appreciate for 30 years.
how do you keep it from oxidation?
@@maitlember9727 Oxidation creates a patina refered to as toning and this in many cases makes the product even more valuable especially for rainbow colors. I have never tried to keep mine from oxidation and honestly after 5 years or more most of it has not changed all that much.
Love how I am a member of 7K and get it my metals at spot price. An don't worry about premiums.
hahah
In the UK, silver bullion attracts VAT, gold doesn't - a significant factor!
That is true. For short term gold is safer. But for the long term, post JPMorgan manipulation, the upside in silver will be huge. We have both. But silver is what will make me multiples wealthier. Gold by comparison will merely do OK.
@@kubevoid3977 I'm going to start buying gold and silver. What would really be best to start off with and how much?
@@kubevoid3977 "post JPMorgan manipulation, the upside in silver will be huge." LOL people have been saying that for as long as they've been saying the world will collapse. Jesus hasn't returned in 2000 years, and America hasn't collapsed into STF EOTWAWKI WOROL.
I collect silver.
I go into my local collector every paycheck and buy a bullion coin or two.
If i saved up a bit, ill get a 10oz bar, once i got 10 10oz bars ill sell them and buy a 100oz bar.
The point is to collect as many different global currency silver coins as possible. And to collect in quantity a little bit of silver as well.
i just wanna eat these bars lol
What app do you buy gold and silver from ? What’s better bricks/bars or coins ?
APMEX
SD Bullion
Jm bullion
Silver.com
LPM China
silver is the element with the highest electrical conductivity...
Yes but it tarnishes unlike Gold, which is why you don't see silver contact points in electronics.
Nice episode!
I have a question?
How likely is silver to tarnish over the years, and how would it affect the selling value?
it doesn't if they're paying spot prices.
Tarnish is likely but it does not affect the value.
Tarnish is hard to prevent. As long as your buying bullion as opposed to numismatics or collectable silver, tarnish won't have much effect. If your buying collectibles you are going to want to store them in capsules or some kind of protective container and avoid handling them with bare hands/fingers. One of the things not mentioned in the video are rounds vs coins. Coins are struck by sovereign mints and have legal tender value. Rounds are are struck by private mints and do not have legal tender value. I tend to prefer rounds over coins due to their premium and I don't have to worry about how pretty they look when its time to sell.
jec1ny when you mean round you mean bars? Ik it’s a dumb question but I’m starting to buy gold and silver and still trying to figure out whether I should buy coins or bars (whether gold or silver)!
jec1ny also which online site is great to buy gold and silver? Someone told me JB Bullion is good.
I never in my fucking life wondered anything about coins and bars but that guy somehow still answered all the questions I had...
Silver is the bet. You just gotta have a strong hand and wait.
How long to wait?
I have been looking at copper as well!
Wait until premiums drop I’m getting pounds at $15 I’m trying to find larger bulk at 5-50 pounds maybe more to get closer to $3.50 a pound price. Never buy oz
Industrial silver: popcorn
Whom can we sell silver/platinum in case of requirement of money? who are the potential buyers?
Dissappointed he never mentioned the gold:silver ratio - right now it's at an all time extreme which is bound to change in the coming years.
Yes... Missing the entire point. If anyone is interested in free gold educate yourself on the GSR
Modern ratio is around 50 to 1 not 16 to 1 when both metals were used as money
It's a compelling argument, true. But I don't think it's "bound" to do anything; the same reasons why this ratio increased thus far might push it even further in the future, and it wouldn't be any less logical. I expect silver to go up significantly, but since its price was mostly suppressed by manipulation thus far, I don't see why manipulation would suddenly cease unless the manipulators were somehow removed from the position of power.
I just bought 10 of the walking library golf coins is that a good investment
When you are buying precious metals, any investment is a good investment, as long as you are purchasing coins and/or bars made from any reputable refiner or Sovereign Mints.
Hide me in that room and tag me I'm home my shinys.
Funny you say that. In the book "Your Money or Your Life" in the first few sentences it says something along the lines of "If you were offered a billion dollars but had to spend the rest of your life in a silent dark room alone you wouldn't take it. It's not the money you want. It's the life the money can buy. The name of the book (Your money or your Life) comes from if a mugger put a gun to your head and said your money or your life you'd give up your money. You value your life more than money. Yet do we? We consistently are given that same deal throughout our lives and we chose money instead of living our life. Great book!