Slow is smooth and smooth is fast, 2 is 1 and 1 is none! Really appreciate the straight shooting and common goals here. The plan has always been to split it between the kids. And for the most part it will be 1 oz. AGE's and Buffalos and fractional AGE's.
After watching a lot of 2is1 yt videos I think the most conservative, durable and responsible option to stack is the 1oz eagle. Just makes sense and if you can’t afford it keep saving.
I don’t want to hand down bullion, I want to hand down a collection. I am building my Double Eagle Liberty set. Most common dates are a hair above bullion in cost, so why not! They have the value of gold ALONG with collectibility, rarity and history. That’s my play.
Double eagles are much more available in BU than you would think, too. Most were held as bank reserves during the gold standard, sitting in bags in vaults for decades rather than going into circulation like lower denominations of coins. Many were sent to sit in European vaults before 1933 and returned to the US for collectors later, still in mint state. It is only the Libs that avoided bag marks (MS 64-65 and higher) that should carry a premium over a modern Gold Eagle.
I also think people spend to much n have to justify somehow I don't really need a excuse I like what I like n know if I ever get rid of it probably not, I'll have paid so low cost it won't matter 30 year plan
I had a plan when I started, but some aspects of it have changed over time. It’s good advice to start with a plan, but it’s unrealistic to think it won’t need tweaking. The need to tweak a plan doesn’t need to mean it’s a mistake, it may mean goals have changed. Whether they changed because we are learning or life throws a pivot at you, it doesn’t matter. We could all be farther ahead with 20/20 hindsight. You are a little too hard on yourself. 🙂 I have decided not to rectify my “mistakes”, I just have those earmarked for “what I will sell/trade” first. It’s not worth any premiums it will cost me, plus I’m a little lazy. 😂
Man, I really appreciate your even keeled content. I am definitely guilty of being sucked into some of these fear porn messages. My rational brain isn’t strong enough to resist that side of me. I still try to buy the dips because I think deep down I know these crazy scenarios are unlikely. Gotta have faith that if i dollar cost average it’ll work out. Great message.
Excellent as always. I would add, make sure your plan is usable in ALL situations, which is to say, strong but flexible. Also, about plans, which goes to the core of what I just said: “Everyone has a plan until they get punched in the face.” - St Mike of the Tyson That doesn’t mean “don’t have a plan”. It means, be prepared to turn on a dime. 2 is 1
Love this message! I got caught up in thinking gold and silver were going to skyrocket and I would have incredible profits, and I was always reading the headlines how a price jump was right around the corner everyday. Big mistake. I still see their true worth and upside potential, but I am now in it to preserve wealth, not to get rich. Also it's a fun hobby and I like clinking them together haha.
This channel has been a great find and a breath of fresh air from all the fear mongering, I watch TH-cam on gold and silver because it’s very interesting but the more I got into the more I found myself not watching certain channels. This one has got me to start looking more toward gold and shy away from silver a little more (although I’ll still stack some silver)
Humans have a strange relationship with gold. A man will spend all his days & money & diesel fuel to pull gold from the ground, only to squirrel it away in vaults around the world where it simply sits there. I can’t quit explain it, but even if it didn’t represent wealth, I would still love my gold. What a strange element-
The fact is, you will create more value in a day than you will consume. Man looked for the best way to store that value for latter use and found gold to have the best properties. It’s that simple.
@@zandersohn4283 Gold is used for money because of its properties. Nothing else on earth meets the requirements of money as well as gold. Durable, devisable, portable, rare / impossible to create. It helps that it looks great but many things look great that don't make good money. Gold is money because of the properties of the element.
@@zandersohn4283 I'm surprised nobody called you a racist in this crazy predictable fragile world. Brown gold would suck. Lol Black gold is nice to find tho
Hit my goals so now it just a percentage of my surplus. No reason to freak out. Now im shifting to my real estate plan to buy commercial properties as prices fall. Gold doesn’t create cash flow folks. Also, get out of personal debt. Don’t go crazy buying metals when you still have expensive debt or any debt in my opinion.
@@nooneimportant779 Very true and potentially very dangerous advice. Debt is mostly American effective hedge against inflation if the asset is appreciating, your income is keeping up with inflation, and the market is in a high inflationary state, otherwise it’s not a good hedge IMO. My business professor suggested to buy the biggest most expensive home with as little down so you can maximize wealth growth. Many people that followed that sentiment were wrecked between 2008 and 2010. Debt is not my preferred hedge against inflation, gold is. Gold is the ultimate wealth insurance, personal debt is bondage IMO. I want out of personal debt as soon as possible. Yes, inheritance is awesome, but most don’t revive enough to retire let alone pay of a personal residence. So saving, investing, and education are key. I believe everyone should wait to buy a home until they can afford to put down at least 20% otherwise rent. Once you do buy, pay an extra payment of principle a month (what you can afford) get a 30 year loan with a plan to pay it off in 15. The 30 years is to protect you from foreclosure with lower payments if needed. You should also have at least 3-6 months of payments saved as an emergency fund. If you can’t do that, your not ready to buy. For investments, leverage them to the extent they still cash flow. Buying investments for their appreciation is not a game I’m willing to play. It’s 100% about cash flow. Just don’t personally guarantee them. It’s also possible to be creative and put little to no personal cash into a real estate deal. Of course this is my opinion from my decades of experience and more conservative approach. I’m not a gambler looking to take crazy risks.
@@nooneimportant779 On the flip side, if your goal is to maximize wealth creation, don’t buy a personal residence, buy a twin home or 4 plex and rent out the other units to pay the entire mortgage. Pay it off with other peoples money. Use your pay check to save to buy more real estate over time. Just and example.
I'm new to stacking. I got my first 7 canadian maples with cash that I had laying around. at the moment I'm laid off so I'm selling some things around the house that I no longer use. I'm hoping to buy 200 to 500 in silver a month. eventually, I might bump that up but I think its a good place to start. once I have enough silver I might trade up for gold haven't thought that far yet
I just started myself. At 51. I couldn't afford to when I was young. All the talk of banks crashing, digital currency, etc got me a Lil paranoid. I withdrew my money and invested in metal. If I die before I can flip it, my kids will get a nice surprise.
I'm buying gold not necessarily for an shtf scenario, but rather for building up my pension pot over the next decade or two. Or for buying a second property either here or abroad. However if in that time shtf happens and we get relegated back 500 years, at least I have gold as insurance. Keep stacking either way. That's just me though.
It was nice to have the reminder that the mindset of meeting monthly small goals slow and steadily rolls into making other decisions unrelated to stacking that are smart and responsible. A way of life of sorts. Thanks for the great content 2.
"the delusions that people are making...well, they're batting ZERO" 6:05 -And *that's* why I watch your channel. Rational, reasonable, realistic. Tough to find on TH-cam these days.
We see less gold coins staking in your last Video's!? It was extremely sexy (sometimes annoying because obtaining that kind of stake requires significant sacrifices for some people) to see 70K on coins when you flapping them with your masterful lyrics & enlighten the starters what is this all about. The sound and bling bling of the coins are part of the game! Some people forget we need a super nova and a couple of billion years to get the gold atoms over here on Earth! and then our grand fathers (to power of 10 or 20) had to dig this up and refine it from other substances all around.
Another great video. Slow and steady 🙌I'm all about eagles and ounces. For me, silver is fractional gold, 1/50th to be exact. My goal every year is 2oz gold,1 oz platinum and 120oz silver.
After watching many of your videos, (the most sane channel I’ve found so far) I’ve developed a plan. 1/4oz gold and 5 silver coins a month. That would equal a new car payment (which I don’t need 😂).
Still much more volatile, in an economic downturn it will go down, then it's a bargain, and can sell in expanding economy when industrial demand is back. It's somewhat an opposite market to Gold so good option to have to move money in or out of when it would be less than ideal to do so in Gold.
@@ggez4skp221 Bro, Ich bin seit über 2 Jahren in Edelmetallen. Ich kenne mich sehr gut aus, deswegen bringt mir das Buch nichts, aber trotzdem danke;). Ich suche nach Büchern auf hohem Niveau
I almost always back away from gold when it surges, and I have sold small amounts into the surges. But over the long haul, a slow steady accumulation is key. Balance is everything.
Your video made me think back to that famous American stock trader named Jesse Livermore. He taught us that your market tuition is paid via trading and understanding market action. So in trading you will make mistakes, and you will learn from them. That is not a waste - it is the wisdom we call 'streetsmarts'. You need streetsmarts. Stacking PM is all about streetsmarts - each has her own personal reasons for stacking, but they have purpose. What I love about your videos are - you practice, share and preach - streetsmarts. For that your viewers are much better off - because you share your trading tuition. Thank you for your great kindness in doing so. You are appreciated by a very large following!
Well done and really appreciate the videos and valuable information. I have roughly the same take on stacking, backed by all your sensible information I’m able to realize and confirm some of the mistakes and strategies to build my wealth. I’m late to the game at 48 and for the first time I’ve really been able to save via physical metals excited for more growth. I used to work in a Yukon placer mine when I finished high school, got paid 5 oz raw nuggets for the season. If only I was smart enough that hold onto it😢. Live life have fun.
@@2is1gold ya crazy! I sold some for gas at a pawn shop while travelling in the US. The mine pulled in 3100 oz that season and barley paid of one bulldozer.
I do want to pass down bullion, but I think it's important that our society really starts to see through influencers. If you can figure out the why, money, you can see through the bs. It's really bad in the digital asset space. To the point that I only focus on a couple of coins, namely BTC and ADA, because they are decentralized and have a specific purpose. I get peace of mind taking diversifying out of USD and into safe haven stocks, digital assets, precious metals, real estate, and food storage. Ultimately, it's a peace of mind.
People that think they are going to trade 90% for goods and services in a shtf scenario forget that most people don't understand silver and gold in the first place. At that point you are better of having copper tubing. Something that can actually be used in day to day life.
Great video!! You’re practically is contagious. I’m doing the waiting game right now. Pouring some money into my truck so I can do some over landing and remove myself temporarily from all the sh*t in the world. Kinda my way of diversifying my money. My dad taught me that even bad things can’t hurt you in moderation, you can accumulate too much of one thing. Keep stacking but don’t forget to live, a nice vacation or overlanding adventure is as good as gold.
Bravo Zulu on another good video. I was going to comment that you have a military bearing. Ever served? “Slow is smooth, smooth is fast,” is also used in both 75th Ranger Regiment and US Army Special Operations.
It is important to understand that the value of gold is primarily based on risk, fear, and economic stability. To say that things haven't happened when predicted in the past, then they won't happen to any degree of certainty now is not the best way to see it. The plan needs to be bigger than buying precious metals. Asset allocation across a wide group of asset classes (stocks, bonds, real estate, commodities, and others) based on current economic risk is the key to everything. If you haven't realized it yet, we're in deep economic trouble. The chickens are coming home to roost for decades of mismanagement of the economy and easy answers no longer exist. Maybe the planets didn't line up in the past, but they're close to lining up now. As a diversification, silver is a good asset to own, but gold is the asset to have in the precious metals class. Rather than using silver to buy things, you could trade gold for whatever stable currency there is and then spend it quickly to buy what you need if inflation is hot. I recommend buying gold as economic conditions warrant it. At times it may be a necessity to buy more and other times it may be better to buy less or none or even sell some.
Excellent shit. You and CPM GROUP are the only youtube content creators shooting it straight re precious metals and their realistic trajectories. You should highlight these facts much more. (The shiny is always appreciated too) :)
"Invest" in neither. Save value for the future in gold, speculate (or save if you can't afford gold) with silver. Either one develops discipline and awareness how you spend money. Both will go up and down, a lot, trending upwards but not necessarily when you need to sell it (but the stock market isn't any more reliable).
You could invest in mines or futures or options. Its possible, if thats what you want and if you accept the risk. Physical is not investing though, I agree.
Great advice, been stacking silver over the last few months but wanting to move over to gold now and plan to buy one 1/4oz coin a month for the rest of this year, with maybe a 1oz coin if I manage to save enough. I will continue to buy a small amount of silver at the same time as I think it’s important to have a good mix of the two
I find him to be a smart academic. I don’t follow him closely lately, but I’d probably say I don’t think he’s ever going to surprise anyone. His motivations are pretty clear. Cheers!
In the UK 🇬🇧 my plan isn't and they shouldn't be complicated! Smallish collections of good and silver typesets of Perth mint lunars and kooks and stack of bullion sovereigns. One off coins don't really interest me but if the price is right then I'll take it.
I’m always adding physical, weekly. Silver, Gold, Platinum. All depends on what is cheapest relative to others. Pt & Ag will be sold one day. Au will be held long term. That’s been my strategy, sticking to it until something changes it. Always appreciate your vids. 12:57
2 is 1 during the recent lock down some places only except digital payments and credit cards. If there is another lock down and stimulus that will definitely likely bring in CBDC.
It's happening a bit sooner than I was expecting (I thought March/April) but I wasn't expecting this month's PCE numbers. It's tied very closely to inflation numbers and the anticipated response to them. Cheers!
I look at it this way, we're about to see a CBDC be introduced, and with it, the level of control over us that we have never seen. People should consider stacking silver and gold so they have an ability to live in a parallel economy don't you think? Right now there are several states who are looking to remove tax from the purchase of precious metals as well as for gold and silver to be treated as a form of currency. Look at states like Missouri and Minnesota. I want what you're saying to be right as I have most of my friends who feel the way that you do, but if I'm wrong, I still have something that won't be worth zero. The same can't be said for the federal reserve note backed by nothing. Look at places like Venezuela and Lebanon. I love your videos and you do have some valid points, but every fiat currency always eventually fails and with 31T attached to the us dollar and places like Europe and Japan about to collapse, that time could be coming soon.
Initially, it was based on what my local shop had at the shop. They never had quarters and always had 1 oz. Once I had the 1 oz, the quarters seemed less impressive maybe. It became a rhythm and that had as much to do with it as anything. I'd buy 3 quarters and then my 4th purchase would be to size it up to a 1 oz. In those years, the premiums weren't nearly as distinct as they are now. Cheers!
While I don't like doomers and them peddling negativity nonstop, I also don't like or appreciate people who ignore the obvious warning signs blaring in our face everyday, and play down the severity of the situation that the U.S. and this world is devolving into. It's best to prepare for the worst and pray for the best.
Sound and legit. I didn't get into the fear-hyped rhetoric of a few yrs ago and I'm still not. I faced the future logically. Now we're living in that "future". Lol. And we haven't been taken over by zombies. Awesome vid. Thanks much.
i would be interested in hearing about your positions concerning gold and silver miners. Also, just general market positions. I sit by watching my miners lose money, however I cant bring myself to sell them because I am quite certain Ive got the correct mining stocks for a good bull market in pm's. I believe there will be a good bull market but it seems my timing is off. I know there are other avenues I could be taking that would allow for profits but I dont know where these avenues are to be found. I would be very interested to hear your thoughts.
You message is timely because I was struggling with should I buy a larger amount of gold now. I think your slow approach is the correct way to deal with gold purchases. Thank you.
Consistency and uniformity may be boring to some but they are effective. It's always been pretty easy for me to want that for myself but I've seen the mishmash of stuff that some others have and I feel like that's less than ideal. I don't really want to knock anyone because if your stacking at all that's a good thing but having some amount of uniformity can make unloading or passing down your gold feel a lot easier. Thanks!
I think so too. I think I'm being boring here a lot, but it doesn't make sense to me to create chaos and extra work when you just don't have to. Cheers!
@@2is1gold IMO, "boring" is what happens when I hear the hysteria, fear mongering, and people telling us to hurry and buy gold or silver... almost always from them. It's really good to just stop, take a step back, breathe, and consider that the sky really isn't falling. Could it? Sure, anything is possible. But the more radical a situation is presented to be, the less likely it is to occur. Yes, you can quote me on that. lol Because of this, I prepare for the things that seem most likely by putting most of the money I have into those things with a little dedicated to a few long-shot potential problems. This seems sensible to me and, hopefully, to others on here as well. The part that irks me most is that there are *excellent* reasons for stacking that have nothing to do with hype and hysteria. They have to do with math and the non-sustainability of anyone, whether individual, group, business, or any level of gubment spending more than they have on a continuous basis. That said, I can see where we will be having some hard times in the not too distant future. During those times, it will be of critical importance to have hard assets that do not crater like the markets sometimes do. When we have bills to pay, it won't matter to those to whom we owe the money whether or not our stocks, bonds, or real estate are doing well and we can sell them for a profit. All they will be interested in is us paying them what we owe them, in full and on time. Also, if we "own" a home, it is critically important that we be able to pay our property taxes, so that we don't add homelessness to any other problems. I strongly agree with keeping one's stack relatively simple. But this IS a personal choice and we don't all make the same choices, especially with something as variable as stacking. For gold, I have: Maples, Eagles, and a few Britannias. For silver, I have Eagles, Maples, and US 90% silver coins - mostly in $100 face bags but also some tubes, including dimes, quarters, halves, and dollars. Love the Kennedy halves and Morgan dollars. But smaller denomination coins are good too. Gotta have those dimes / quarters for my SHTF daily bread and soup rations. 😆
I know some people make videos on how they have made mistakes while purchasing silver and gold because we can't predict the future of gold and silver but we can try and correct some of our mistakes by trying to buy as low as possible that way if either gold or silver bounces back up you can use what you paid the least for to try and gain back some or all of the money you ended up paying high on it's not easy for people because some people do get nervous because they spend a lot of money in hopes that gold and silver will skyrocket
@@2is1gold one thing I was wondering if someone could make a video is it possible to trade collectable one ounce gold for 50 Mexican peso which is a bigger gold coin and mostly worth more than what some of the collectible gold coins are
There have been gold spikes for years. However most people call them crowns or tiaras. I have never been one to want to get rich quick from gold because a lot of it would be in nominal terms implying a financial issue. That isn't really about prosperity. Its just a very cost effective way to have a liquid asset without counter party risk. If one does not think financial crime is on the rise , well maybe they never heard the name Whitney Webb or Bill Still for example. Yes the US empire might be shrinking. So did the Byzantine empire. over a thousand years. Even at its zenith safety was relative. Safe behind their walls they decided it was safe enough to have chariot riots . The US has recently felt very secure in dividing itself,
I applaud the logical and disciplined approach but I still feel like the kid in the candy store looking at all the different gold coins available! I love the thought of hopefully never having to sell my gold and one day down the road, having a mini treasure chest of all kinds of different gold coins to show the kids or grandkids. For me its sort of like the grown up version of my baseball card collecting days of the 80s, except gold beautifully captures all those days of hard work and preserves that hard work into wealth that can become generational! (that said, if it comes in a slab and its not super rare, then I also set it free😉).
Earlier this week, I was trying to come up with the name of someone who used to make videos who had one of everything. He kept them in a book, and ended up selling his entire collection. There are a lot of ways to go. Some are even more fun that others! Cheers!
My plan was to get to retirement and now that I’m here I’m not sure where to go. I still buy occasionally. I think my new plan will be to convert a vast majority of my silver to gold
Greetings, fellow retiree. Welcome to the best part of life. This too was one of my major life goals and I started preparing for it at the age of 31. After 24 years of planning and saving, it arrived in late 2004. The sense of freedom from the demands of working for a living are... intoxicating! I started stacking after 2008 showed me how vicious a bear market can be. I made it through that market via not selling a single share and by buying more shares as I could. All of the money I "lost" in 2008 came roaring back in 2009-2010... and then some. Anyway, I agree that it is not difficult to become so goal oriented that we can become disoriented when we finally achieve that goal. With stacking, I have completed my silver stacking goals plus more, so only buy silver when I can get a good deal on something I find really attractive, such as Kennedy half dollars and Morgan dollars. Other than that, I only stack gold these days, usually buying 2-5 ozs. ever quarter. I buy less when prices are high and more when they fall but I am always buying some. Yes, we truly do live in some interesting times. Agree on trading silver for gold when the opportunity presents itself favorably. A sub-40:1 GSR would do it for me.
Thank you for the video! I really enjoy our little corner of TH-cam. Monthly discipline can help achieve lifetime goals! Sometimes those Eagles of different sizes and Buffaloes are the best! Best wishes to all!
Slow is smooth and smooth is fast, 2 is 1 and 1 is none! Really appreciate the straight shooting and common goals here. The plan has always been to split it between the kids. And for the most part it will be 1 oz. AGE's and Buffalos and fractional AGE's.
Nice! Similar plan here. Cheers!
After watching a lot of 2is1 yt videos I think the most conservative, durable and responsible option to stack is the 1oz eagle. Just makes sense and if you can’t afford it keep saving.
I don’t want to hand down bullion, I want to hand down a collection. I am building my Double Eagle Liberty set. Most common dates are a hair above bullion in cost, so why not! They have the value of gold ALONG with collectibility, rarity and history. That’s my play.
That’s cool. Cheers!
Double eagles are much more available in BU than you would think, too. Most were held as bank reserves during the gold standard, sitting in bags in vaults for decades rather than going into circulation like lower denominations of coins. Many were sent to sit in European vaults before 1933 and returned to the US for collectors later, still in mint state. It is only the Libs that avoided bag marks (MS 64-65 and higher) that should carry a premium over a modern Gold Eagle.
I've been doing the same thing for 40 years and almost have a complete set all the way to 1850- 1928
And at the end of the day I just like what I like and don't even worry about the price I cost average and was buying when it was 400 a oz
I also think people spend to much n have to justify somehow I don't really need a excuse I like what I like n know if I ever get rid of it probably not, I'll have paid so low cost it won't matter 30 year plan
I had a plan when I started, but some aspects of it have changed over time. It’s good advice to start with a plan, but it’s unrealistic to think it won’t need tweaking. The need to tweak a plan doesn’t need to mean it’s a mistake, it may mean goals have changed. Whether they changed because we are learning or life throws a pivot at you, it doesn’t matter. We could all be farther ahead with 20/20 hindsight. You are a little too hard on yourself. 🙂 I have decided not to rectify my “mistakes”, I just have those earmarked for “what I will sell/trade” first. It’s not worth any premiums it will cost me, plus I’m a little lazy. 😂
Thank you posting this. I think literally everyone in the entire stacking community needs to watch this video. 👍
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NICE Way to start morning..
Thanks! Have a good weekend!
Man, I really appreciate your even keeled content. I am definitely guilty of being sucked into some of these fear porn messages. My rational brain isn’t strong enough to resist that side of me. I still try to buy the dips because I think deep down I know these crazy scenarios are unlikely. Gotta have faith that if i dollar cost average it’ll work out. Great message.
Thanks 🤜🤛
Excellent as always.
I would add, make sure your plan is usable in ALL situations, which is to say, strong but flexible.
Also, about plans, which goes to the core of what I just said:
“Everyone has a plan until they get punched in the face.”
- St Mike of the Tyson
That doesn’t mean “don’t have a plan”. It means, be prepared to turn on a dime.
2 is 1
Backup plans for backup plans! 🤜🤛
Thank you for the episode
I don't have a plan as of yet, but when one does come up I'll have options. Thanks again for the videos - they actually help me keep on track. Cheers!
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Love this message! I got caught up in thinking gold and silver were going to skyrocket and I would have incredible profits, and I was always reading the headlines how a price jump was right around the corner everyday. Big mistake. I still see their true worth and upside potential, but I am now in it to preserve wealth, not to get rich. Also it's a fun hobby and I like clinking them together haha.
Good place to be. Cheers!
This channel has been a great find and a breath of fresh air from all the fear mongering, I watch TH-cam on gold and silver because it’s very interesting but the more I got into the more I found myself not watching certain channels. This one has got me to start looking more toward gold and shy away from silver a little more (although I’ll still stack some silver)
The concept is the same. Prepare for long term, probable needs and ignore the people saying, "THE END IS NEAR"! 😂
Great episode! "Shirogorov"?
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love your commentary.
Thank you!
Thank you for being a sound and grounded voice in the stacking community
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Yes... and one of the very few at that. MUCH appreciated.
Truth
@@edb3877 salivate metals and silver dragons are pretty good as well, but 2 is 1 is the gold standard 😅
@@Derzmarcz Yes, they are, also Smart Silver Stacker and Yankee Stacking as well.
Nice pun on "the gold standard!" Love it!! 😁
Humans have a strange relationship with gold. A man will spend all his days & money & diesel fuel to pull gold from the ground, only to squirrel it away in vaults around the world where it simply sits there. I can’t quit explain it, but even if it didn’t represent wealth, I would still love my gold. What a strange element-
Some kind of magic in it for sure. Cheers!
The fact is, you will create more value in a day than you will consume. Man looked for the best way to store that value for latter use and found gold to have the best properties. It’s that simple.
What if gold wasn’t gold in color? What if gold was brown? Would it still be so loved?
@@zandersohn4283 Gold is used for money because of its properties. Nothing else on earth meets the requirements of money as well as gold. Durable, devisable, portable, rare / impossible to create. It helps that it looks great but many things look great that don't make good money. Gold is money because of the properties of the element.
@@zandersohn4283 I'm surprised nobody called you a racist in this crazy predictable fragile world.
Brown gold would suck. Lol
Black gold is nice to find tho
Hit my goals so now it just a percentage of my surplus. No reason to freak out. Now im shifting to my real estate plan to buy commercial properties as prices fall. Gold doesn’t create cash flow folks. Also, get out of personal debt. Don’t go crazy buying metals when you still have expensive debt or any debt in my opinion.
Good points 🤜🤛
@@nooneimportant779 Very true and potentially very dangerous advice. Debt is mostly American effective hedge against inflation if the asset is appreciating, your income is keeping up with inflation, and the market is in a high inflationary state, otherwise it’s not a good hedge IMO.
My business professor suggested to buy the biggest most expensive home with as little down so you can maximize wealth growth. Many people that followed that sentiment were wrecked between 2008 and 2010. Debt is not my preferred hedge against inflation, gold is. Gold is the ultimate wealth insurance, personal debt is bondage IMO. I want out of personal debt as soon as possible. Yes, inheritance is awesome, but most don’t revive enough to retire let alone pay of a personal residence. So saving, investing, and education are key.
I believe everyone should wait to buy a home until they can afford to put down at least 20% otherwise rent.
Once you do buy, pay an extra payment of principle a month (what you can afford) get a 30 year loan with a plan to pay it off in 15. The 30 years is to protect you from foreclosure with lower payments if needed. You should also have at least 3-6 months of payments saved as an emergency fund. If you can’t do that, your not ready to buy.
For investments, leverage them to the extent they still cash flow. Buying investments for their appreciation is not a game I’m willing to play. It’s 100% about cash flow. Just don’t personally guarantee them. It’s also possible to be creative and put little to no personal cash into a real estate deal.
Of course this is my opinion from my decades of experience and more conservative approach. I’m not a gambler looking to take crazy risks.
@@nooneimportant779 On the flip side, if your goal is to maximize wealth creation, don’t buy a personal residence, buy a twin home or 4 plex and rent out the other units to pay the entire mortgage. Pay it off with other peoples money. Use your pay check to save to buy more real estate over time. Just and example.
I'm new to stacking. I got my first 7 canadian maples with cash that I had laying around. at the moment I'm laid off so I'm selling some things around the house that I no longer use. I'm hoping to buy 200 to 500 in silver a month. eventually, I might bump that up but I think its a good place to start. once I have enough silver I might trade up for gold haven't thought that far yet
I just started myself. At 51.
I couldn't afford to when I was young.
All the talk of banks crashing, digital currency, etc got me a Lil paranoid. I withdrew my money and invested in metal. If I die before I can flip it, my kids will get a nice surprise.
I've decided to stack 1/2 ounce gold eagles every other month and 1 kilo silver bar in the other month.
I’ve always liked the idea of 1/2 oz. They were harder to get a hold when I started. Cheers!
I'm buying gold not necessarily for an shtf scenario, but rather for building up my pension pot over the next decade or two. Or for buying a second property either here or abroad. However if in that time shtf happens and we get relegated back 500 years, at least I have gold as insurance. Keep stacking either way. That's just me though.
Yep, it works for a lot of potential scenarios. Cheers!
It was nice to have the reminder that the mindset of meeting monthly small goals slow and steadily rolls into making other decisions unrelated to stacking that are smart and responsible. A way of life of sorts. Thanks for the great content 2.
Yeah, I like to think the idea applies well beyond gold. Cheers!
"the delusions that people are making...well, they're batting ZERO" 6:05 -And *that's* why I watch your channel. Rational, reasonable, realistic. Tough to find on TH-cam these days.
😄 Thank you!
Absolutely. He's got a great channel for sure.
Thank you. Ayeeee
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I don't have a comment, but this sure was interesting. I look forward to the next installment.
Thanks!
Gold is #1
We see less gold coins staking in your last Video's!?
It was extremely sexy (sometimes annoying because obtaining that kind of stake requires significant sacrifices for some people) to see 70K on coins when you flapping them with your masterful lyrics & enlighten the starters what is this all about.
The sound and bling bling of the coins are part of the game!
Some people forget we need a super nova and a couple of billion years to get the gold atoms over here on Earth!
and then our grand fathers (to power of 10 or 20) had to dig this up and refine it from other substances all around.
Another great video. Slow and steady 🙌I'm all about eagles and ounces. For me, silver is fractional gold, 1/50th to be exact. My goal every year is 2oz gold,1 oz platinum and 120oz silver.
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How do you keep OCD under control mixing 1/4 eagles with 1 oz buffalos?
They all have their own Mint tubes. 😅
Thank you Sir, A Gift from the sky,,, Buy Buy Buy physical, Any fiat left Repeat, They cant print Silver /Gold
After watching many of your videos, (the most sane channel I’ve found so far) I’ve developed a plan.
1/4oz gold and 5 silver coins a month. That would equal a new car payment (which I don’t need 😂).
Nice!
What about Platinum as an investment 🤔
Investment? Dodgy. As a store of wealth, like gold, solid, probably.
Still much more volatile, in an economic downturn it will go down, then it's a bargain, and can sell in expanding economy when industrial demand is back. It's somewhat an opposite market to Gold so good option to have to move money in or out of when it would be less than ideal to do so in Gold.
Good advice...
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Can u do a video about good books ? 🙂
Ich hab " Gold und Silber für Einsteiger" gekauft, aber noch nicht gelesen.
@@ggez4skp221 Bro, Ich bin seit über 2 Jahren in Edelmetallen. Ich kenne mich sehr gut aus, deswegen bringt mir das Buch nichts, aber trotzdem danke;). Ich suche nach Büchern auf hohem Niveau
I can only buy, what I can afford…gold is gold, silver is silver and I’m paycheck to paycheck. Should SHTF happen, pew pew, adapt and overcome.
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And if SHTF doesn't happen, how good is that life? because it's still the only one you get.
Is it possible, this is a youtube stream built by AI? Seems too perfect.
Ha!
I almost always back away from gold when it surges, and I have sold small amounts into the surges.
But over the long haul, a slow steady accumulation is key.
Balance is everything.
Agreed!
Wisdom! Well said.
Your video made me think back to that famous American stock trader named Jesse Livermore. He taught us that your market tuition is paid via trading and understanding market action. So in trading you will make mistakes, and you will learn from them. That is not a waste - it is the wisdom we call 'streetsmarts'. You need streetsmarts. Stacking PM is all about streetsmarts - each has her own personal reasons for stacking, but they have purpose. What I love about your videos are - you practice, share and preach - streetsmarts. For that your viewers are much better off - because you share your trading tuition. Thank you for your great kindness in doing so. You are appreciated by a very large following!
What kind of lighting are you using??
The kind that comes from the sun! 🌞
@@2is1gold Artisinal lighting. sounds premium.
@@2is1goldthat would be the best lol
Well done and really appreciate the videos and valuable information. I have roughly the same take on stacking, backed by all your sensible information I’m able to realize and confirm some of the mistakes and strategies to build my wealth. I’m late to the game at 48 and for the first time I’ve really been able to save via physical metals excited for more growth. I used to work in a Yukon placer mine when I finished high school, got paid 5 oz raw nuggets for the season. If only I was smart enough that hold onto it😢. Live life have fun.
5 oz nuggets! Spot was about $340 in 1992. Would have been a good time to get a hold of it! Cheers!
@@2is1gold ya crazy! I sold some for gas at a pawn shop while travelling in the US. The mine pulled in 3100 oz that season and barley paid of one bulldozer.
I do want to pass down bullion, but I think it's important that our society really starts to see through influencers. If you can figure out the why, money, you can see through the bs.
It's really bad in the digital asset space. To the point that I only focus on a couple of coins, namely BTC and ADA, because they are decentralized and have a specific purpose.
I get peace of mind taking diversifying out of USD and into safe haven stocks, digital assets, precious metals, real estate, and food storage.
Ultimately, it's a peace of mind.
Well put.
What type of knife is that?
People that think they are going to trade 90% for goods and services in a shtf scenario forget that most people don't understand silver and gold in the first place. At that point you are better of having copper tubing. Something that can actually be used in day to day life.
Yeah, it’s a fantasy. The idea will most likely involve an intermediary to convert the PMs to cash. Cheers!
Great video!! You’re practically is contagious. I’m doing the waiting game right now. Pouring some money into my truck so I can do some over landing and remove myself temporarily from all the sh*t in the world. Kinda my way of diversifying my money. My dad taught me that even bad things can’t hurt you in moderation, you can accumulate too much of one thing. Keep stacking but don’t forget to live, a nice vacation or overlanding adventure is as good as gold.
I sold my Tacoma. My overland trips are on two wheels these days! Cheers!
@@2is1gold I had a bmw 1000 years ago but sold it! It was fun exploring the mountains on it!
Thank you for all this content because of you I start to collect gold like a pirate
That's great! 🏴☠️
Aaaarrgh matey 🦜
But, pirates keep losing all their gold in tragic boating accidents...
Gold sinks, Unless you put it in a boat. Nothing you can do, just happens sometimes...
@@TheGroovyJones
Yes, we keep "losing" our gold... 😉
Let’s get there fast by going slow… Because slow smooth and smooth is fast.
Great view you got yourself a subscriber
Thank you!
Thanks for sharing your viewpoints… always helpful and I’m grateful! ☮️
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Cheers, I like your thinking, right on target.
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Diversity is key. My 64 oz of gold is sufficient originally I wanted to reach 100 oz
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Bravo Zulu on another good video. I was going to comment that you have a military bearing. Ever served? “Slow is smooth, smooth is fast,” is also used in both 75th Ranger Regiment and US Army Special Operations.
I haven’t. I study some methodologies and train with some ex-military - if anything I just steal some vernacular. Cheers!
Another great video 👍👍
Thank you!
It is important to understand that the value of gold is primarily based on risk, fear, and economic stability. To say that things haven't happened when predicted in the past, then they won't happen to any degree of certainty now is not the best way to see it. The plan needs to be bigger than buying precious metals. Asset allocation across a wide group of asset classes (stocks, bonds, real estate, commodities, and others) based on current economic risk is the key to everything. If you haven't realized it yet, we're in deep economic trouble. The chickens are coming home to roost for decades of mismanagement of the economy and easy answers no longer exist. Maybe the planets didn't line up in the past, but they're close to lining up now. As a diversification, silver is a good asset to own, but gold is the asset to have in the precious metals class. Rather than using silver to buy things, you could trade gold for whatever stable currency there is and then spend it quickly to buy what you need if inflation is hot. I recommend buying gold as economic conditions warrant it. At times it may be a necessity to buy more and other times it may be better to buy less or none or even sell some.
Good points 👍
@@2is1gold The points are good, because you stimulate my mind to think of them. Thank you for your really good videos. 👍👍👍
@@audiophileman7047 🤜🤛
Great video thanks for the info brother have a great weekend
Thanks - you too!
Thank you for the video.
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Excellent shit. You and CPM GROUP are the only youtube content creators shooting it straight re precious metals and their realistic trajectories. You should highlight these facts much more.
(The shiny is always appreciated too) :)
Thanks!
Well said.
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Should we invest im gold or silver rn? Whats ur rate prediction for both?
I'm no good at predicting silver moves. I've felt like it was undervalued for 10 years straight. I'm kind of numb to it now.
Do u buy bars? Why not?
Pick one or both and start buying. No one can predict what their price will do.
"Invest" in neither. Save value for the future in gold, speculate (or save if you can't afford gold) with silver. Either one develops discipline and awareness how you spend money. Both will go up and down, a lot, trending upwards but not necessarily when you need to sell it (but the stock market isn't any more reliable).
You could invest in mines or futures or options. Its possible, if thats what you want and if you accept the risk. Physical is not investing though, I agree.
2fer, you are both smooth and fast-That’s what she said.
Nice video.
Thank you, Jeff! I'm printing off this comment to remind my wife! 😅
2 is 1 throwin heat!! 😎🔥
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Great advice, been stacking silver over the last few months but wanting to move over to gold now and plan to buy one 1/4oz coin a month for the rest of this year, with maybe a 1oz coin if I manage to save enough. I will continue to buy a small amount of silver at the same time as I think it’s important to have a good mix of the two
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5, 10, 20 years from now you'll be ' Thanking yourself '
One of your very best videos! Thank you.
Thanks!
Great video as usually 👍
Thank you!
All my gold and silver is in Eagles and Buffalo"s
Nice!
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I really ask myself, what is your personal opinion about Mike Maloney?
I find him to be a smart academic. I don’t follow him closely lately, but I’d probably say I don’t think he’s ever going to surprise anyone. His motivations are pretty clear. Cheers!
@@2is1gold Thank you for replying. I wish his motivations were as clear to me, as they are to you 😅
Good smart video for a change.
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Absolutely right, most of the pumpers in bed with sellers are peddling snake oil to the uniformed and gullible.
In the UK 🇬🇧 my plan isn't and they shouldn't be complicated! Smallish collections of good and silver typesets of Perth mint lunars and kooks and stack of bullion sovereigns. One off coins don't really interest me but if the price is right then I'll take it.
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I’m always adding physical, weekly.
Silver, Gold, Platinum.
All depends on what is cheapest relative to others.
Pt & Ag will be sold one day.
Au will be held long term. That’s been my strategy, sticking to it until something changes it.
Always appreciate your vids.
12:57
Thanks!!
Keep bringing us great content. 👍 I really enjoy your channel.
Thank you!
2 is 1 during the recent lock down some places only except digital payments and credit cards. If there is another lock down and stimulus that will definitely likely bring in CBDC.
Possible.
Any comment on the slide in gold prices the last few days?
It's happening a bit sooner than I was expecting (I thought March/April) but I wasn't expecting this month's PCE numbers. It's tied very closely to inflation numbers and the anticipated response to them. Cheers!
I predict it will go down more, then go up after that, but then down again, then go up after that.
I look at it this way, we're about to see a CBDC be introduced, and with it, the level of control over us that we have never seen. People should consider stacking silver and gold so they have an ability to live in a parallel economy don't you think? Right now there are several states who are looking to remove tax from the purchase of precious metals as well as for gold and silver to be treated as a form of currency. Look at states like Missouri and Minnesota. I want what you're saying to be right as I have most of my friends who feel the way that you do, but if I'm wrong, I still have something that won't be worth zero. The same can't be said for the federal reserve note backed by nothing. Look at places like Venezuela and Lebanon. I love your videos and you do have some valid points, but every fiat currency always eventually fails and with 31T attached to the us dollar and places like Europe and Japan about to collapse, that time could be coming soon.
Ty for taking the lead in making sense out of all the confusion and fog concerning precious metals your well appreciated
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Curious. Why did you choose to trade in your 1/4 pieces for 1oz pieces?
Initially, it was based on what my local shop had at the shop. They never had quarters and always had 1 oz. Once I had the 1 oz, the quarters seemed less impressive maybe. It became a rhythm and that had as much to do with it as anything. I'd buy 3 quarters and then my 4th purchase would be to size it up to a 1 oz. In those years, the premiums weren't nearly as distinct as they are now. Cheers!
Smooth is fast isn’t that from days of thunder?
"Loose is fast." Sounds similar but pretty much the opposite. Harry Hog knew how to run a race car, though. 😄
@@2is1gold yup that’s it 😂 rubbings racing son 😆
I always thought smooth is fast came from boxing world or Cus D’Amato shows what I know. Still golden advice either way
Memberships are here! ➡ th-cam.com/channels/OqoxEetp1w7AUVPI9zuWqw.htmljoin
I love to see the coins you show in the videos. Really offers me something to strive for. Hard work and responsibility can pay off!
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Homerun video!!! I know deep down you are absolutely correct, but I sure love a good meltdown rant sometimes 😂😂
Ha, thank you!
Hello @2 is 1, Do you have the Rose-Crown-Guinea gold coin? I heard its a very rare coin, soon to be discontinued in production.
Nope.
While I don't like doomers and them peddling negativity nonstop, I also don't like or appreciate people who ignore the obvious warning signs blaring in our face everyday, and play down the severity of the situation that the U.S. and this world is devolving into. It's best to prepare for the worst and pray for the best.
Is that directed at me? 😅
Fractional Reserve Banking.
need I say more?
Let us know your thoughts about ITM Trading and some of their “on-air” talent. It’s time to call out some competition.
That’s a direct sales tactic. At least that one is clear!
I listen to what they say, and I understand most of it. I don't buy their services.
I always appreciate your measured, well thought out and calm take on metals in these videos. It's refreshing
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Sound and legit. I didn't get into the fear-hyped rhetoric of a few yrs ago and I'm still not. I faced the future logically. Now we're living in that "future". Lol. And we haven't been taken over by zombies. Awesome vid. Thanks much.
Thank you, Barbara! I've seen your comments in Sal's streams and have always been able to spot your grounded logic. Cheers!
HEY BARB, HOPE YOU’RE DOING WELL!
@@SgtGold3 Sgt!!! So nice to see you. I'm doing well and I hope things are well with you, too.
We need to make sure our lives are okay BEFORE the End of the World® too, those are the only years we get.
Get busy living!
How much is too much?
Buyers don't have endless $$$. I'd be afraid that I couldn't sell massive amounts.
My is pure panic!
i would be interested in hearing about your positions concerning gold and silver miners. Also, just general market positions. I sit by watching my miners lose money, however I cant bring myself to sell them because I am quite certain Ive got the correct mining stocks for a good bull market in pm's. I believe there will be a good bull market but it seems my timing is off. I know there are other avenues I could be taking that would allow for profits but I dont know where these avenues are to be found. I would be very interested to hear your thoughts.
That’s a tough one. I can show options but I’m not really able to pick. I’ve hit some, I’ve missed some.
You message is timely because I was struggling with should I buy a larger amount of gold now. I think your slow approach is the correct way to deal with gold purchases. Thank you.
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Consistency and uniformity may be boring to some but they are effective. It's always been pretty easy for me to want that for myself but I've seen the mishmash of stuff that some others have and I feel like that's less than ideal. I don't really want to knock anyone because if your stacking at all that's a good thing but having some amount of uniformity can make unloading or passing down your gold feel a lot easier. Thanks!
I think so too. I think I'm being boring here a lot, but it doesn't make sense to me to create chaos and extra work when you just don't have to. Cheers!
@@2is1gold IMO, "boring" is what happens when I hear the hysteria, fear mongering, and people telling us to hurry and buy gold or silver...
almost always from them. It's really good to just stop, take a step back, breathe, and consider that the sky really isn't falling. Could it?
Sure, anything is possible. But the more radical a situation is presented to be, the less likely it is to occur. Yes, you can quote me on
that. lol Because of this, I prepare for the things that seem most likely by putting most of the money I have into those things with a
little dedicated to a few long-shot potential problems. This seems sensible to me and, hopefully, to others on here as well.
The part that irks me most is that there are *excellent* reasons for stacking that have nothing to do with hype and hysteria. They
have to do with math and the non-sustainability of anyone, whether individual, group, business, or any level of gubment spending
more than they have on a continuous basis.
That said, I can see where we will be having some hard times in the not too distant future. During those times, it will be of critical
importance to have hard assets that do not crater like the markets sometimes do. When we have bills to pay, it won't matter to
those to whom we owe the money whether or not our stocks, bonds, or real estate are doing well and we can sell them for a profit.
All they will be interested in is us paying them what we owe them, in full and on time. Also, if we "own" a home, it is critically
important that we be able to pay our property taxes, so that we don't add homelessness to any other problems.
I strongly agree with keeping one's stack relatively simple. But this IS a personal choice and we don't all make the same choices,
especially with something as variable as stacking. For gold, I have: Maples, Eagles, and a few Britannias. For silver, I have Eagles,
Maples, and US 90% silver coins - mostly in $100 face bags but also some tubes, including dimes, quarters, halves, and dollars.
Love the Kennedy halves and Morgan dollars. But smaller denomination coins are good too. Gotta have those dimes / quarters
for my SHTF daily bread and soup rations. 😆
Jesus said it best when it comes to stress, “Sufficient unto the day is the evil thereof."
No, that’s from racing
Ha, "loose is fast". "Loose is fast, and on the edge of out of control."
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I know some people make videos on how they have made mistakes while purchasing silver and gold because we can't predict the future of gold and silver but we can try and correct some of our mistakes by trying to buy as low as possible that way if either gold or silver bounces back up you can use what you paid the least for to try and gain back some or all of the money you ended up paying high on it's not easy for people because some people do get nervous because they spend a lot of money in hopes that gold and silver will skyrocket
Yeah, we can always correct course. Cheers!
@@2is1gold one thing I was wondering if someone could make a video is it possible to trade collectable one ounce gold for 50 Mexican peso which is a bigger gold coin and mostly worth more than what some of the collectible gold coins are
There have been gold spikes for years. However most people call them crowns or tiaras. I have never been one to want to get rich quick from gold because a lot of it would be in nominal terms implying a financial issue. That isn't really about prosperity. Its just a very cost effective way to have a liquid asset without counter party risk. If one does not think financial crime is on the rise , well
maybe they never heard the name Whitney Webb or Bill Still for example.
Yes the US empire might be shrinking. So did the Byzantine empire. over a thousand years. Even at its zenith safety was relative. Safe behind their walls they decided it was safe enough to have chariot riots . The US has recently felt very secure in dividing itself,
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I applaud the logical and disciplined approach but I still feel like the kid in the candy store looking at all the different gold coins available! I love the thought of hopefully never having to sell my gold and one day down the road, having a mini treasure chest of all kinds of different gold coins to show the kids or grandkids. For me its sort of like the grown up version of my baseball card collecting days of the 80s, except gold beautifully captures all those days of hard work and preserves that hard work into wealth that can become generational! (that said, if it comes in a slab and its not super rare, then I also set it free😉).
Earlier this week, I was trying to come up with the name of someone who used to make videos who had one of everything. He kept them in a book, and ended up selling his entire collection. There are a lot of ways to go. Some are even more fun that others! Cheers!
GET COMFORTABLE BEING UNCOMFORTABLE.
Good approach! Also... get a surfboard and stay ahead of the wave. Just thinking out loud. 😄
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My plan was to get to retirement and now that I’m here I’m not sure where to go. I still buy occasionally. I think my new plan will be to convert a vast majority of my silver to gold
I don't know what silver will do, but I would probably think that way too. Cheers!
Greetings, fellow retiree. Welcome to the best part of life. This too was one of my major life goals and I started preparing for it at the age of 31.
After 24 years of planning and saving, it arrived in late 2004. The sense of freedom from the demands of working for a living are... intoxicating!
I started stacking after 2008 showed me how vicious a bear market can be. I made it through that market via not selling a single share and by
buying more shares as I could. All of the money I "lost" in 2008 came roaring back in 2009-2010... and then some. Anyway, I agree that it is
not difficult to become so goal oriented that we can become disoriented when we finally achieve that goal. With stacking, I have completed
my silver stacking goals plus more, so only buy silver when I can get a good deal on something I find really attractive, such as Kennedy half
dollars and Morgan dollars. Other than that, I only stack gold these days, usually buying 2-5 ozs. ever quarter. I buy less when prices are
high and more when they fall but I am always buying some. Yes, we truly do live in some interesting times. Agree on trading silver for gold
when the opportunity presents itself favorably. A sub-40:1 GSR would do it for me.
2 is 1, 1 is none. Smooth is fast? Must be a military guy?
Thank you for the video! I really enjoy our little corner of TH-cam. Monthly discipline can help achieve lifetime goals! Sometimes those Eagles of different sizes and Buffaloes are the best! Best wishes to all!
Have a good weekend!