Should You Stack Silver or Gold Right Now? | The Exchange Podcast | EP. 5
ฝัง
- เผยแพร่เมื่อ 22 ธ.ค. 2023
- Should You Stack Silver or Gold Right Now discusses the ongoing question about which metal, silver or gold, is better to stack. When it comes to stacking, many people have their opinions on which metal is better, silver or gold. Some people say gold is too expensive due to being near all time highs with silver being below half it's all time high price. Others say the gold silver ratio doesn't matter and that silver and gold are exclusive from one another. Which metal do you think is better to stack, silver or gold?
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#silver #preciousmetals #gold
I have an opinion.
😂 Love your channel!! Happy Holidays
lol.
I got into stacking in 1990. I've been on the USMint Subscription list since (roughly 92-94). I've got every year proof ASE in OGP, but I didn't start "stacking" everything until 2019. I have 6 Gold Eagle proofs and a few other 1/4oz commemorative gold coins, but I absolutely love my silver. From collectables to bullion to silver reverse proof coins. I'll continue to purchase small amounts of gold but silver is my baby. Long live SILVER!!!
I'm sticking with silver, gold arum notes. Getting gold bars n coins is to challenging right now.
I heared the Spots on some coins who are not pure gold are just rust. Very small sprinkles of other metals. No need to worry about.
Diving heavy into gold next year. Had a hood time stacking silver this past year though.
I’m stacking cash and seeing what happens. I’m thinking we will see a sell off soon when the consumer is tapped out after the holidays.
Cash keeps losing value... silver and gold do not lose their value
Great, thought I had my 2024 strategy all sorted until I watched this 😅
New strategy, be as dynamic as the PMs I stack, be less emotional to what I hold, buying little and often is better than waiting on the price that may never appear .
Merry Christmas Stormy and all the best for 2024 🤝
Gold to silver ratio makes silver the better buy
absolutely. I'm selling gold to buy silver. will swap back when the ratio drops as it always does
Good stuff listen to the whole thing!!! Good stuff 👍👍👍
Thanks for listening Steve!
If you can get it at a good price I would definitely stack some because none of us have a crystal ball so my strategy is to buy gold under 2k if possible and silver under 20 bucks if possible
I’ll get back into silver when I can get it for $18 with premium. Gold I’ve been buying since 1300 and then I quit when it hit 1500 and then again started buying at 1900 like an idiot.
@@briancallahan5673 1900 isn't bad as long as you can resell it if you decide for a profit I bought a gold coin for close to 2,500 and I'm holding on to it until I can at least get 3k for it
Great interview and information. I continue to buy both. My gold is for long term investment and my silver is for staking and for future resale if I need to in the future especially my silver rounds.
Thanks for watching. Smart. I would definitely encourage more people to do the same.
I’ve been stacking silver up until now. With silvers infinitely more uses than gold and the current gold to silver ratio, there’s no way I can justify buying it. I guess they call it the poor man’s gold for a reason.
You are right brother! Silver premiums are just to high, but it is a matter of what you can afford.
Why pay a 25% premium for silver when you can buy gold for 4% premium.
You guys are on to something. I’m in the same boat I’m done stacking silver. I bought enough of both to just relax until the market says otherwise. Cheers
@@ronwinkles2601 you obviously misread his post. He is saying to buy silver NOT gold. the GSR is almost 86. that means you sell gold to buy silver and swap back when it drops. the reason you pay a higher premium for silver vs gold is because silver is more likely to double in price in 3 years than gold. i.e. you won't care what the premium was when silver is triple digits per ounce.
The correlation between gold/silver is that they are biblical, God’s money.
God is Elohim and it’s plural.
@@randolphr5074 christians and jews will be the dwellers of the depths of hell
I'm still stacking 1/10 oz Gold 🥇 Eagle 🦅 do to my budget.
Terrble Premiums
.........thanks guys !
Big like number 186! Excellent video and thank you so much for sharing!
Thanks for the visit! Hope you have been well!
Thanks for the video guys. Merry Christmas and Happy New Year to you and yours.
Thanks for watching. Merry Christmas and Happy New Year.
Same to you!
From what I read regarding copper spots on 24K gold is that it is cross-contamination in the minting process from other coins made with copper in them.
Happy Holidays to one & all …🌎🗿™️
lol I would make a pendant for sure of the Scrooge, that would be great!
With Silver at $500 and Gold at $50,000 none of this 'premium' stuff will matter ...
Would love to see metals at those prices 🙏🏻🙏🏻
nailed it! premium is irrelevant for true stackers. the GSR says to sell gold and buy silver. that's what I'm doing. there is craploads of gold above ground in storage. not silver.
I'm buying both. Don't really care about price. They both hold greater value than they did a couple years ago. A LOT MORE value in the past 20 years. What will the next 20 years produce?
I am buying both too! Both are a true commodity that hold their value. Buy silver to buy bread and gold to buy houses. Do not trade silver or gold for money, but trade it for commodities.
I stack them both. They each have their own place and value.
Incredibly important question. I’m still not sold on gold.
In the long run, gold is a better value. Why pay a 25% premium for silver when
you can buy gold for a 4% premium. Do the numbers. The highest price ever on
silver was $50 an ounce in 1980. If you adjusted that price for inflation, you would
have $100 an ounce silver, but in 2023, silver is less than half its price in 1980.
The manipulation of the silver paper market is the reason I stack silver. We don't know it's true value. Nice shirt, btw! 💀🌹⚡
My belief is that gold is so expensive already that it's nearly unobtainable to stack it for the average person. Silver, it's literally dirt cheap right now (at the current spot price, it's almost even with the cost to mine it). Silver is becoming rarer than gold. Silver is being used in products that don't last long, and then it's discarded or flat out destroyed (like when it's used in missiles). The government knows if the price of silver went up to gold's current price, everything that uses silver would go bankrupt. Industries that use silver use ALOT of the metal for its product. A tomahawk missile needs 500-800 ounces per missiles. All green technology uses tons of silver. I say stack silver now while its price is under $30 an ounce.
Gold is rich man’s money silver can be used for commerce
Silver all day 🪙 The historical ratio is way off. Gold isn’t used industrially and monetarily like Silver is. If the market manipulation on Silver and Gold ends then Silver will run closer to 1:1 with Gold.
1:1 with gold 🤯
@@BayshoreBullion I’m not sure if it will be exactly 1:1 but it will be at least 5 or 3 to 1 imo.
Stack silver. Trade it for gold when the ratio comes down
The GSR is very important! If you have too much gravy it over-powers the sausage. Gotta get the Gravy to Sausage ratio right or you will just get a mess.
Copper spots are caused by OXIDATION during the cooling off process minting the gold. Copper used to stiffen the high Karat metal. Copper being the lighter metal rises to the top..its a great way tu ID youir metals as yours..a natural security measure..
The fact that he's saying "buy gold" means we should buy more silver.
I sell them both. Makes no difference to me. Buy silver if you want. You’ll lose money like everyone else that has purchased in the last two years.
@@BayshoreBullion 2 years lol. people have the attention span of a housefly these days. silver went from $4 to $49 from 2000 to 2011. paid off my house and 2 cars.
@@lepton31415 I’m sure you can pick a time period where it’s profitable. You can do that with basically anything. It’s about timing like anything else. I have customers who purchased 300-400k in silver at $45-48. Call them and tell them how good of an investment silver is.
@@BayshoreBullion gold and silver are not investments. they ARE money.
@@BayshoreBullion btw you just picked a time period. you picked the last 2 years. do you know why silver hit nearly $50/oz in 2011?? uh...take a look at the current environment. 2007/8 was just a real estate bubble--a mere speed bump compared to the everything bubble today. triple digit silver and GSR below 20 incoming.
You shouldn’t even be buying gold or silver if you’re thinking of turning a profit in a few weeks, it’s at least a 5 year hold and for me way longer than that. Buy the dips and Dollar cost average look back in 10 years and I believe you’ll be sitting pretty.
Silver at this level of GSR. When GSR hits 40, I’ll be converting silver to gold.
I don't think that'll happen any time soon... If you look at the last 2 years, the GSR has been steadily going up, so I think we're more likely to revisit a 100 GSR before we see it go back to 40.
@@dukenukemani07 Keep stacking then. Gold will move before silver increasing the GSR. When silver catches up, that’s when the transition.
@@barcjohnr You could be waiting for a LOOOOOOOONG time... Consider yourself warned.
Stacking gold,silver and platinum! For long term holds no selling anytime soon.
I don't buy anything at its all-time high. That just don't make sense. I will give you a tip buy low seal high.
Great interview and very informative. I’ve been stacking silver since 2017 at $13-$15 oz. I got my first monster box in 2019. I started stacking gold in 2018 at about $1,200 oz. I stated buying 5 gram bars in 2020. My finances allows me to buy a 5gram bar each month a year to acquire 2 ounces a year buying 5 gram bars a month. It takes 31.103 grams of gold to equal 1oz of gold. I started buying 10gram bars in August 2023. 2024 I’m going to start buying 10gram bars each month a year to acquire 4oz to end the year.
That’s awesome man. Keep stacking 💪🏻
You must be from the future it's not even 2024 yet
lol starting January 2024 I’m 10 gram gold bars each month of the year and twice in 2 months because I get paid 3 times in those 2 months.
I buy silver weekly about 3 oz. high or low ... I always hope the price goes down so I can get it cheaper. Then I hope it goes up after I buy it . Canadians pay a lot for silver ... Right now as I post this where I buy my silver a random year Maple is going for $40.02 Canadian.
Yes, Yes, please have an episode that includes Andrew's father!
😂
I have no Gold yet, GSR needs to come down. I have a target, then i will get Gold.
Great podcast Andrew and stormy Merry Christmas and happy new year
Merry Christmas
Happy holidays!
I'm waiting for March / April for a lower spot price To Buy
Right now and for several years, silver premiums are just to high to buy. For example,
you buy S2000 in one ounce silver coins and you will pay $400 to $500 in premiums
or 20% to 25%. On the other hand if you buy a one ounce gold coin for $2100 you will
pay $60 to $80 in premiums or only 3% to 4% .It is the same old story, the poor buy
silver and the rich buy gold. The poor are always the first to sell their silver and the
rich hang on to their gold. The poor always pay higher for what they buy and they
take less for what they sell. The rich hold on to what they have and just get richer.
I agree with the silver premium being stupid. It didn't take me long to figure out it you weren't buying tubes you were getting robbed. At that price point just buy gold. I only have been buying collectable silver. Gold is just a better store of wealth. Silver is stagnant.
Silver is the most undervalued commodity on the planet at this time.
100%
Silver moves more than gold and is a good investment but gold will always be the most precious metal$$$ compared
Stack what you can afford
Both and crypto that being said….there is far more gold in this world than silver. Gold will be revalued and digitalized to be used with block chain technology for purchases. That’s why central banks and governments are buying more in the last few years than they have in the last 70 combined. They know what’s coming.
Even though I stack silver more, I have bought more 1/4oz gold this year (2023) than I have in the past. (I am wondering about 2024 if there is more printing, how it will effect the price of pm’s (to stack more now or when the fed prints more fiat)
Just stack both, and if your smart silver is low so buy the shit out of it
My fellow crypto fans say they not touching real stuff
ratio today 1/2/2024 is 87.05 , yet it's coming out of the ground at 12 to 1, does that make any sense ?
The way i view it may sound a little much but i can never get bored of getting gold eagles. I would probably stack with the mentality of a bullion depository on a beer budget lol
Can’t go wrong with Eagles.
@@BayshoreBullion Type 1 eagles are my favorite.
I feel proofs are a waist of money. I’ll go with 1oz gold bullion. When trying to sell no one cares it’s still a 1oz gold proof
You are selling them to the wrong people. Any dealer right now should be a few hundred dollars over on gold eagle proofs.
Torch works!
Does it matter on year for krugeran? Like is older better? Or no difference in value?
No difference in value.
Silver no way....the banks don't buy silver.
Buy the dip.
Should you stack silver or gold? Yes!
How come no one talks about Pt?
I love both but probably prefer silver more. Everyone has their reasons and preferences. 🤷 Keep something in mind, though. There is no way that the U.S. will ever be able to get rid of its crushing debt without a complete currency reset, and that will require the government to hoard gold as they did in 1933. What else happened in 1933? The government (in the form of nothing more than an executive order from Roosevelt) confiscated the gold of private citizens and made it **illegal** to own gold. That was a disgusting travesty of government overreach, but don’t be so naive as to think that it won’t happen again.
The government has never bothered with what silver people own, but gold is another story, and I don’t trust the bums in Washington not to try to take our gold away.
Waht tha foook lol
AINT NO ONE HAVE MONEY FOR GOLD OR SILVER BE REAL SHARE THE WEALTH STOP MAKING MONEY OFF POOR PEOPLE SELLING DREAMS
Correction. YOU don’t have money for metals. Business is boomin. Ain’t nobody poor buying metals 🤡🤡
Sounds like you need to get off your ass and find a job. 😉
silver is a no brainer unless you dont have the room ...... premiums will be laughable after currencey crisis created by design ....no one should be buying the stuff with intentions of flipping for profit before the crisis
Whats up dudes? ✌️🇺🇸🪙