SILVER VS. GOLD: WHICH SHOULD YOU CHOOSE?
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- เผยแพร่เมื่อ 23 ก.ย. 2024
- Gold, or silver? What is the right choice for you? In today's video, I break down the pros and cons between these precious metals. My answer today is not the same as it was when I first started stacking. What about you? Are you focused on stacking gold, stacking silver, or both?
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Choose both! Add a little platinum while you're at it!
Oh and palladium and rhodium too!
I got two hobbies.
I stack silver and i pan for gold ..
In the UK it's a no brainer. Legal tender gold coins are free of all taxes. Silver bullion comes with a 20% VAT hit.
Absolutely. UK, have to go with gold.
Buy gold and every so often buy a 100oz silver bar.
Banker says I need to diversify my holdings told him it is diversified. I have maples,eagles, pert mint, philharmonics, ect
@@wessproule5779 Haha love it! 😂
Gold’s been on a roll lately!
Absolutely!
Both
I've been hitting :90% for awhile and I've noticed some of my reliable sources aren't able to carry the variety. Mercury's and walkers are harder to find fairly priced, if it all. I'm nobody but if you're prepping, 90% is the only way to go
Big fan of 90%! I have a portion of my stack devoted to it.
Great video.👍
Well, 🆗, if you take the price of gold and silver from different times such as August 15 1971, 2000, 2005, you will see gold has outperformed silver in value, BUT I think, as you rightly put it, with the advent of more technology on the horizon, that trend could change dramatically from now on and therefore that's why I went all in on silver a couple of years ago. I flipped the little gold I had, roughly 1 and a half oz, for silver. In short, yes, central banks around the world have been stockpiling tons of gold, granted, but then again I see there's more potential growth for silver.
Appreciate it! With the gold and silver ratio where it is at, think that is a reasonable play.
@@KingdomSilverKC 👍 Either is 🆗. Gold and silver are a win-win case, whereas fiat currency is a complete and confirmed loss. ✅
@@emm_syd_music Absolutely! Cannot be wrong investing in metals.
Note: There was a time when silver was valued more highly than gold, specifically as regards the Orient vs. Occident. Alice wears silver, not ruby slippers. Silver, monetized and denominated is the MONEY of the people. Gold is more suitable as a national reserve and as a measure of discipline to govern the printing of a currency. A currency must be issued interest-free and retained as a carefully guarded public trust.
Are you UK or USA? UK costs 20% VAT on silver
@@raniakme USA. Good point! Thank you for bringing that up, as I have heard others from the UK bring that up. Yes, with the 20%, would definitely target gold in that situation.
#1gold , #2gold
Silver is a Industrial metal slow down in globally (recession )
Gold almost all central banks are buying gold and retail is following up (demand )
Gold is my choice
So actually choose all 3!