I physically hold all of my precious metals, I like having it in a place I can get to without having relying on someone else. Also nice to have them to look at and hold.
Fully agree BYB, Holding physical whether it be Ag or Au far outweighs anything on the screen. As long as you have safety protocols in place (hiding places) I don’t fear having something tangible to hold.
I started buying physical metals after watching your channel, something nice about having a physical investment rather than just numbers on a screen. Love the look of the larger coins I’ve seen on this and other videos, are these 10oz?
I travel 200 miles to work on a 4 on 4 off basis I take loads of hand poured silver to hold on my stay …… hand poured happiness that’s what I call it . Good video bruva great content
They are different animals for different objectives. Physical is best for long term holding and personal security . Digital/paper is better for short terms trades and playing GSR ( which isnt feasible in physical dues ro premiums/postage/taxes etc hurting gains badly ).
I like to physically own gold for long term, but I'm not against making a quick buck off digital gold when the market allows. I made a good bit of profit off gold stocks when we had that dip below £1.5k a few months back. Great video as always BYB 👍
i much prefer to hold it physically, as for use in an apocalypse like you said there is other thing to worry about if it gets to that point. but my only thoughts on it is if you can hold on to some through the tough times with out it being found out, and society does start rebuilding you could use it as a wealth transfer. but the main reason we stack i think is to protect our wealth against inflation.
Somewhere in the UK I have a very big shed that sits on a thick concrete base and has a very high grade 25Ltr Floor safe set in reinforced rebar with a few feet of reinforced concrete with the safe within 4 sides of the concrete of which I helped to design, its super safe. If you can put a floor safe in the ground on ground level I think its much better than most four-sided safes with the big doors on them, all I have is a small round door to my safe, floor safes if put in the ground right are more secure.
NEVER GET A SAFE! Someday you may be forced to open it. Not by the petty burglar who breaks in and finds it. But by his friends higher up the "food chain", visiting later when you are at home.
Digital precious metals are a useful savings vehicle, plus the cash conversion allows you to buy actual precious metal. The interest, if you watch the market carefully is much more rewarding than a good savings account. I've done this before with the RM. Of course, diversity is key - a mix of digital and actual is quite relevant in my own circumstances. If you play it right and don't go outside your budget constraints, it can work out rather well. But, I'm a low-end investor, so I've got little to lose to begin with 🤷
Have always wondered about this. The digi gold at RM did strike me as a good way to save to then buy physical and basically acts like a savings account minus a bank!
Well, you still need to transfer the funds back to the bank account after selling the digi-gold/silver/platinum as far as I can see. Then transfer it back as digital wallet. Unless I'm missing something. @@wyrdtarot
I have to say you are one of the best for giving facts , and no hyping etc, within the precious metal genre here on TH-cam, I hope to get buying of you in the near future, by the time I check my emails, your inventory has already been sold, I just need to be quicker, thanks again BYB👍
Hi all, I may have been taken for a ride on my first purchase. In the moment I didn’t think much of it, got home and started to think about it and won’t be going back to that shop. Was likely overcharged (my fault for not walking away) and am also worried I was sold a 1/10 when I asked for a 1/4. Has anyone else had a poor first experience that has left them wondering “did I just get scammed?” I learned, not taking it well, but really want a positive feeling with stacking. Should I stick with online/PO box to get exactly what I want? I know commemorative coins aren’t the best but that’s all the guy claimed he had and feel sick. Thanks
That not good, I’ve had nothing but good experiences online from bullion dealers, and I know folks who buy from BYB, your host here, good dude. I mostly use Atkinson, hope your bad experience doesn’t put you off stacking, I love it
I really feel sorry for you, my friend. Here is what you can do: 1) What is said on the face of the coin? 1/10 or 1/4? 2) Did you get a receipt or an invoice? If yes, does it say whether you paid for a 1/10 or a 1/4? 3) If the invoice does not mention the size/weight of the coin then try an weigh your coin. 4) Then check the sellers website and the established dealers websites in order to see which size of your coin type fits the price you paid. 5) If you find that you without a doubt has paid for a 1/4, but was given a 1/10 - confront the shop with that fact! Tell the shop it's human to err, but that you certainly will insist they correct their error!!
Was going to go down and maybe buy at the London Coin Fair, but no, train strike again. Think eight out of the least ten shows there has been a strike!
Good points. I just received delivery of 8 sovereigns (1.67 premium) from a quality dealer and that's how I like it, the real thing. I think what one puts their money into comes down to people's individual circumstances for what is best for them. Whether they know what is best for them is another thing. For me buying physical gold is not viewed as investment, but rather a place to keep money for a while as that's what I need to do right now. Others might be much better off investing in other financial products. I'm not worried about premiums at all as I'm in this for the long term and will only buy Britannia's or Sovereign's.Having said that, I still wait for dips in the market and find the lowest premiums before buying. There are specific reasons I buy gold this way which I won't go into, but that's why I think it's very important to assess one's individual circumstances as to what to do with their expendable income.
DCA into a Silver ETF! Brexit tax made buying physical silver too much, so i buy a little digital each month. But we're talking £10 at a time lol. I simply don't have much money.
£10 a month in Digi gold or silver is a good start and a good thing to be doing, more than what I have, its something im thinking of doing, thanks for sharing.
Hey, you know what - you want to create a platform that is FREE to use and then get creators to create content that is FREE to watch and then come back and I will make my content for you without adverts. Idiot.
I physically hold all of my precious metals, I like having it in a place I can get to without having relying on someone else. Also nice to have them to look at and hold.
I feel bad for you guys with that terrible tax over there.
Yes i appreciate your thoughts and rumble 😃
Fully agree BYB,
Holding physical whether it be Ag or Au far outweighs anything on the screen.
As long as you have safety protocols in place (hiding places) I don’t fear having something tangible to hold.
I started buying physical metals after watching your channel, something nice about having a physical investment rather than just numbers on a screen. Love the look of the larger coins I’ve seen on this and other videos, are these 10oz?
I travel 200 miles to work on a 4 on 4 off basis I take loads of hand poured silver to hold on my stay …… hand poured happiness that’s what I call it . Good video bruva great content
Good vid BYB love the bonus apmex box content for the ramblers 😂🙌🙌🙌
Great video BYB
I’ve made my door knocker out of gold so lots of people can touch it, looks like well polished brass.
They are different animals for different objectives. Physical is best for long term holding and personal security . Digital/paper is better for short terms trades and playing GSR ( which isnt feasible in physical dues ro premiums/postage/taxes etc hurting gains badly ).
Definitely physical gold is better than digital. Nice video BYB.😊
Anyone using Glint to save regular small amounts as well as buying physical?
I like to physically own gold for long term, but I'm not against making a quick buck off digital gold when the market allows. I made a good bit of profit off gold stocks when we had that dip below £1.5k a few months back. Great video as always BYB 👍
If you can't put your hands on it you don't own it.
I always heard another version of this, “if you can’t pee on it, you don’t own it”. Think I’ll go with your version in future, lol
@@rory7511
I’ve just destroyed an expensive water colour painting.
@@barneybiggles , lolol 😂
Physical, all day! Though digital is so much easier to transport
A video from CPM Group states that more and more paper gold investors are moving into physical gold 🙂
i much prefer to hold it physically, as for use in an apocalypse like you said there is other thing to worry about if it gets to that point. but my only thoughts on it is if you can hold on to some through the tough times with out it being found out, and society does start rebuilding you could use it as a wealth transfer. but the main reason we stack i think is to protect our wealth against inflation.
i want to get a safe fr my bedroom but i watch too much of The Lockpicking Lawyer to feel like most of them are safe lol
Somewhere in the UK I have a very big shed that sits on a thick concrete base and has a very high grade 25Ltr Floor safe set in reinforced rebar with a few feet of reinforced concrete with the safe within 4 sides of the concrete of which I helped to design, its super safe. If you can put a floor safe in the ground on ground level I think its much better than most four-sided safes with the big doors on them, all I have is a small round door to my safe, floor safes if put in the ground right are more secure.
NEVER GET A SAFE! Someday you may be forced to open it. Not by the petty burglar who breaks in and finds it. But by his friends higher up the "food chain", visiting later when you are at home.
Hi, where’s a good place to buy 1oz silver coins? I’ve always got off eBay or atkinsons, but sometimes seems expensive. Love your videos keep it up.
Atkinsons I only buy from just for peace of mind
Type on google ; Silver trader uk One of my best place to purchase... cheap reliable 24h deliver and u can pay by PayPal 👌
I bought some 1oz Britannias a few weeks back and the cheapest I could find were Chards.
@@NicFydd, hard to beat Atkinson, think they’re cheaper than Chards, they were the last time I looked👍
Maybe it was a one off. Always pays to check 👍@@rory7511
Well, that was a good ramble again BY thank you.
I prefer the physical have not realy looked into digital. Think I may investigate now.
Great ramble as always BYB 👌
If you pay tax, you are burning your money
Digital precious metals are a useful savings vehicle, plus the cash conversion allows you to buy actual precious metal. The interest, if you watch the market carefully is much more rewarding than a good savings account. I've done this before with the RM. Of course, diversity is key - a mix of digital and actual is quite relevant in my own circumstances. If you play it right and don't go outside your budget constraints, it can work out rather well. But, I'm a low-end investor, so I've got little to lose to begin with 🤷
Have always wondered about this. The digi gold at RM did strike me as a good way to save to then buy physical and basically acts like a savings account minus a bank!
Well, you still need to transfer the funds back to the bank account after selling the digi-gold/silver/platinum as far as I can see. Then transfer it back as digital wallet. Unless I'm missing something. @@wyrdtarot
I use a 5% cash back card to purchase metals so it works out to gold below spot... silver bars close to spot
I have to say you are one of the best for giving facts , and no hyping etc, within the precious metal genre here on TH-cam, I hope to get buying of you in the near future, by the time I check my emails, your inventory has already been sold, I just need to be quicker, thanks again BYB👍
IF YOU DON'T HOLD IT, YOU DON'T OWN IT!
Hi all,
I may have been taken for a ride on my first purchase. In the moment I didn’t think much of it, got home and started to think about it and won’t be going back to that shop. Was likely overcharged (my fault for not walking away) and am also worried I was sold a 1/10 when I asked for a 1/4. Has anyone else had a poor first experience that has left them wondering “did I just get scammed?” I learned, not taking it well, but really want a positive feeling with stacking. Should I stick with online/PO box to get exactly what I want? I know commemorative coins aren’t the best but that’s all the guy claimed he had and feel sick. Thanks
That not good, I’ve had nothing but good experiences online from bullion dealers, and I know folks who buy from BYB, your host here, good dude. I mostly use Atkinson, hope your bad experience doesn’t put you off stacking, I love it
whyever did you not due your research before buying? Gold is not for you
I really feel sorry for you, my friend. Here is what you can do: 1) What is said on the face of the coin? 1/10 or 1/4? 2) Did you get a receipt or an invoice? If yes, does it say whether you paid for a 1/10 or a 1/4? 3) If the invoice does not mention the size/weight of the coin then try an weigh your coin. 4) Then check the sellers website and the established dealers websites in order to see which size of your coin type fits the price you paid. 5) If you find that you without a doubt has paid for a 1/4, but was given a 1/10 - confront the shop with that fact! Tell the shop it's human to err, but that you certainly will insist they correct their error!!
Was going to go down and maybe buy at the London Coin Fair, but no, train strike again. Think eight out of the least ten shows there has been a strike!
Any body putting money into a computer algorithm ,,needs a reality check,,,😮
Good points. I just received delivery of 8 sovereigns (1.67 premium) from a quality dealer and that's how I like it, the real thing. I think what one puts their money into comes down to people's individual circumstances for what is best for them. Whether they know what is best for them is another thing. For me buying physical gold is not viewed as investment, but rather a place to keep money for a while as that's what I need to do right now. Others might be much better off investing in other financial products. I'm not worried about premiums at all as I'm in this for the long term and will only buy Britannia's or Sovereign's.Having said that, I still wait for dips in the market and find the lowest premiums before buying. There are specific reasons I buy gold this way which I won't go into, but that's why I think it's very important to assess one's individual circumstances as to what to do with their expendable income.
Best part of £2500 for a 1oz Queen’s Beasts Red Dragon. £1600 for a 1oz Britannia. Crazy.
DCA into a Silver ETF! Brexit tax made buying physical silver too much, so i buy a little digital each month.
But we're talking £10 at a time lol. I simply don't have much money.
£10 a month in Digi gold or silver is a good start and a good thing to be doing, more than what I have, its something im thinking of doing, thanks for sharing.
Erm agreed
You can't use if as money so.. no you don't need it
Ramble Ramble 😂
Lots of good advice as always.
Physical for me.
... if you can't physically hold it, you don't physically own it...
Effing adverts 🤬
Hey, you know what - you want to create a platform that is FREE to use and then get creators to create content that is FREE to watch and then come back and I will make my content for you without adverts. Idiot.
New Sub 💯✊🪙..
Welcome!!