I believe in, like, hold, buy and sell both gold & silver. Also strongly believe in these three quotes. #1 If you can't hold it, you don't own it! #2 “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves.” ― Norm Franz. #3 The Golden Rule: Whoever Has the Gold Makes the Rules. Thanks for the video Sir.. 👍 Life is good......God Bless
I started in 2023 when gold was at $1900. Bought a good chunk at $2,000. Most of the gold I bought I am in the money. I even bought 2 gold buffalos at $2,420 on July 3 at Costco. I also bought more over the weekend at $80 a gram and $250 for 1/10 AGE and bought 4 1/10 AGE and 10.5 grams of gold at $80 a gram. Of course I buy a bit of metals from my LCS. I would buy more ounces if I did not get a great price from my LCS. I still think gold has room to run for a few reasons. One too many conflicts around the world are starting to escalate, second I do believe the Fed wil lower rates soon, of course lastly this election will get us some serious volitility. This period is similar to 2008 only won't be as bad. I think many people who overpaid for those car loans may run into trouble soon and have noticed the car credit market has tightened a little bit. So many reasons for gold to go up still. It can also go down as well. Long term the US debt situation is why I like gold, a hedge against bad fiscal policy and I like the no tax on tips, but in reality it may cause a downgrade of our debt, which may weaken the dollar and gold may go up because of the weaker dollar. This is my opinion. Thanks for the video Josh.
I buy 1/4 AGE per month, have been since March of 2020. Got to 500 oz of silver awhile ago and haven’t touched that stack since. I’m buying a house when I retire.
Thanks Josh. I have always loved Silver and will continue to stack it. However, facts are facts. If you stacked both gold and silver over the last year, last 5 years or 10 years, your gold has increased in value way more than your silver.
My average cost for my gold is CDN$1,777.10, (US$1,294.25), which is CDN$2,079.19, (US$1,514.34), when adjusted for inflation. My spreadsheet automatically converts all my costs to the current year's dollars using CPI data. Silver barely keeps up with inflation and often falls behind. BTW, the Krugerrand is also 22K.
Silver continues to do nothing and has only eclipsed $30 a few times in the history of forever. Gold is the way to go. It's called the gold standard for a reason.
I agree with what you are saying but it seems like there is a ceiling on the Price of Silver but Gold is unlimited. Wondering if you ever fight with the Edward Jones guys next door about whether to buy Gold & Silver or Stocks and Bonds? You could wrestle right in the parking lot!😀
I prefer Silver...But the dirty secret about Silver is it wont be priced as a monetary metal until the central banks decide to. Maybe the BRICS+ will go that route in a few years or never?
Hi Josh, thanks for the vlog! I usually don't pay attention to the GSR. I pay more attention to the price range of both metals for a period of time. Silver is definitely more volatile than gold. So, I try to just buy the dips.
good explanation- been stacking a while and you covered it pretty good-maybe a future video you could cover some of the other coins like the 2 rand and others-i bought a 2r thinking i was getting a great deal on a quarter oz-was still a good buy at $400.00 but not a quarter oz-enjoyed the video
Although all true on paper, you don’t talk much about the premiums. When the ratio was 120, silver premiums were insane therefore it was nowhere close to 120 to (actually) buy it…..
I haven't followed the gsr in a long time. I like silver and I always will and I do buy it when I get it at a good price, but I'm also looking for deals in gold and buying that. I guess time will tell what the results of my choices are
There's a lot of impatience out there regarding silver. Remember guys, silver lags. Until it doesn't! There's a multitude of factors keeping all metals beaten down. Interest rates are a big part of it. Industrial demand, retail demand, etc etc. I do watch the GSR. Far more important than the dollar cost. The psychological numbers for selling people throw around are irrelevant. $32 of 2012 money is NOT the same as 2024 money. I could see selling some silver around 62:1 to purchase some gold with it, maybe a few other things. Not financial advice, but this cycle could be bigger than the 2008 gfc. Just saying... (im actually quite conservative by the way)
Fine video. Gold is a difficult creature to hold and those small amounts could get lost in large hands. To dream of gold is one thing. To lose track of said gold is a nightmare I don’t need. Would be running around like Jimmy Stewart in A Wonderful Life. No thank you.
I sold most of my silver so I could afford to pay my deposit on my new apartment and to trade it for 2 quarter ounce gold eagles. I paid 600$ each on Easter Sunday. I'm trying to buy more gold.
Getting great deals on Fractional Gold right now, paying like 3% premiums on 1/4 oz and 1/10 oz. Just have to follow the sales. My Gold purchases have done better than my Silver, but I do have both.
@@Daybreakermj 1979 Adam Smith 1/10th T. Oz .900 Gold Round Engelhard Gold Standard Corporation judyjudygold US $245.50 36 bids (I just this 1/10 oz gold coin)
@@Daybreakermj monumentmetals, hero bullion, sdbullion, jmbullion, providentmetals, are a few that I watch and get weekly sales sent to my inbox. Josh here has flash sales that are good too so subscribe. Good hunting!!!
I’m not convinced the GSR is as relevant today as it was in the past. Silver is subject to so much manipulation due to its industrial uses that it remains super volatile. I’m off it because of this…… for now. Good video! 👍
I plan on buying just silver. How should one use the ratio if one wanted to do a 89 oz trade of silver for 1 oz gold? Would you make it beneficial if one wanted to trade for say 89 oz of silver philharmonic for a 1 oz gold philharmonic?
You won’t find a idiot do it with maybe a shop with money but no collector who spent 2500 on a piece is going to swap out for rounds unless it’s considerably in there favour
My shop will 100% do it. I’d wait until silver is closer in the 70%’s before I do any buying gold with silver. Too much still for me. But I don’t know why any coin store wouldn’t trade silver for gold or gold for silver. There are still premiums however
@@livinginlasvegas8466 I imagine I won't have that problem for awhile. I would rather spend money on ounces of silver than buy fractional gold because one loses on premium. But yes, I would probably wait until the silver got unwieldy before I sought out a fair trade for gold and even then I would want the same government. (e.g silver maples for a gold maple.)
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Monica has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
thanksFor clearing that up, I curiously searched for Monica Lisa Payne on the internet and thankfully, I came across her my goal is to retire in 5years time.
Keep in mind guys, if something happens and the world goes back to the stone age, silver will be highly valuable. Silver can be used for just about anything from car parts, to weapons, and most people will have silver, and only a handfull will have gold.
Sorry, if you're buying Precious Metals in fractions Under One OUNCE, you are filling the pockets of the seller and getting ripped off gram by gram..................buy 10 1/10 ounce gold pieces and buy one, one ounce Gold...........be about $500 more in cost...........you can't buy in ounces, You Don't Buy............
I believe in, like, hold, buy and sell both gold & silver. Also strongly believe in these three quotes. #1 If you can't hold it, you don't own it! #2 “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves.” ― Norm Franz. #3 The Golden Rule: Whoever Has the Gold Makes the Rules. Thanks for the video Sir.. 👍 Life is good......God Bless
This comment is cool. However not as cool as the guy who runs Hoffman Gold and Silver Exchange in Gastonia NC!!
I started in 2023 when gold was at $1900. Bought a good chunk at $2,000. Most of the gold I bought I am in the money. I even bought 2 gold buffalos at $2,420 on July 3 at Costco. I also bought more over the weekend at $80 a gram and $250 for 1/10 AGE and bought 4 1/10 AGE and 10.5 grams of gold at $80 a gram. Of course I buy a bit of metals from my LCS. I would buy more ounces if I did not get a great price from my LCS. I still think gold has room to run for a few reasons. One too many conflicts around the world are starting to escalate, second I do believe the Fed wil lower rates soon, of course lastly this election will get us some serious volitility. This period is similar to 2008 only won't be as bad. I think many people who overpaid for those car loans may run into trouble soon and have noticed the car credit market has tightened a little bit. So many reasons for gold to go up still. It can also go down as well. Long term the US debt situation is why I like gold, a hedge against bad fiscal policy and I like the no tax on tips, but in reality it may cause a downgrade of our debt, which may weaken the dollar and gold may go up because of the weaker dollar. This is my opinion. Thanks for the video Josh.
Gold is always where you are. Tom Kearin knows❤
One day we’ll look back and say “when gold was ONLY 2500 …”
If your right I'm at least worth millions
I buy 1/4 AGE per month, have been since March of 2020. Got to 500 oz of silver awhile ago and haven’t touched that stack since. I’m buying a house when I retire.
2:25. Facts
Thanks Josh. I have always loved Silver and will continue to stack it. However, facts are facts. If you stacked both gold and silver over the last year, last 5 years or 10 years, your gold has increased in value way more than your silver.
My average cost for my gold is CDN$1,777.10, (US$1,294.25), which is CDN$2,079.19, (US$1,514.34), when adjusted for inflation. My spreadsheet automatically converts all my costs to the current year's dollars using CPI data. Silver barely keeps up with inflation and often falls behind. BTW, the Krugerrand is also 22K.
Gold is King!
Gold went up about 25 percent in the last year
gold was $1300 in 2018
Let's get to 100k. Great channel and content Josh!
Silver continues to do nothing and has only eclipsed $30 a few times in the history of forever. Gold is the way to go. It's called the gold standard for a reason.
🤣
Percentage wise silver should do far better than gold from now until next year. $2800 gold, $46 silver.
Gold - most controlled
Silver- most manipulated.
Wait until they run out , silver is becoming amazing
@@bobsilver3983buy gold, not silver.
Excellent shit.
One caveat: Post 1982, all Canadian Maple Leafs are .9999 fine
RCM also produces some .99999 pure 1oz Gold coins. 🇨🇦
👍🤠✌️
I need to be ALERTED when a 1 oz Gold Englehard Prospector round is avl for sale.
I have a silver goal to get to before I switch to buying gold. I have a plan for buying gold that I can afford. We shall see how it works out haha
Good video Josh…. Good info for new stackers 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
I agree with what you are saying but it seems like there is a ceiling on the Price of Silver but Gold is unlimited. Wondering if you ever fight with the Edward Jones guys next door about whether to buy Gold & Silver or Stocks and Bonds? You could wrestle right in the parking lot!😀
😂
Great show thanks
I prefer Silver...But the dirty secret about Silver is it wont be priced as a monetary metal until the central banks decide to. Maybe the BRICS+ will go that route in a few years or never?
Hi Josh, thanks for the vlog! I usually don't pay attention to the GSR. I pay more attention to the price range of both metals for a period of time. Silver is definitely more volatile than gold. So, I try to just buy the dips.
Hello, nice video. Beautiful coins. Nicely explained why to buy 1 Oz and smaller gold coins. Have a great day.
Excellent information Josh, I appreciate all your content.
Keep up the great videos. Are you having trouble keeping silver dimes? A lot of shops say they fly out the door quick. Especially the mercury dimes.
The high price of gold has stopped my British gold 1/2 Sovereign collection as my Mexican gold 5 peso collection.
Sad !
Thanks for another great vid ! Wish I had more cash to convert to gold but I’ll stick with silver. Have a great day.
What about Pre-33 Gold, or foreign gold coins like gold Roosters and 20 Francs coins? Would they be good coins to buy right now?
good explanation- been stacking a while and you covered it pretty good-maybe a future video you could cover some of the other coins like the 2 rand and others-i bought a 2r thinking i was getting a great deal on a quarter oz-was still a good buy at $400.00 but not a quarter oz-enjoyed the video
Although all true on paper, you don’t talk much about the premiums. When the ratio was 120, silver premiums were insane therefore it was nowhere close to 120 to (actually) buy it…..
I haven't followed the gsr in a long time. I like silver and I always will and I do buy it when I get it at a good price, but I'm also looking for deals in gold and buying that. I guess time will tell what the results of my choices are
With the possible reprising of gold and silver being the poor man's gold, I would think now is the time to sell silver and buy gold.
There's a lot of impatience out there regarding silver. Remember guys, silver lags. Until it doesn't! There's a multitude of factors keeping all metals beaten down. Interest rates are a big part of it. Industrial demand, retail demand, etc etc.
I do watch the GSR. Far more important than the dollar cost. The psychological numbers for selling people throw around are irrelevant. $32 of 2012 money is NOT the same as 2024 money. I could see selling some silver around 62:1 to purchase some gold with it, maybe a few other things.
Not financial advice, but this cycle could be bigger than the 2008 gfc. Just saying... (im actually quite conservative by the way)
Fine video. Gold is a difficult creature to hold and those small amounts could get lost in large hands. To dream of gold is one thing. To lose track of said gold is a nightmare I don’t need. Would be running around like Jimmy Stewart in A Wonderful Life. No thank you.
Great Show JOSH.. Thank You
Thanks for listening
I sold most of my silver so I could afford to pay my deposit on my new apartment and to trade it for 2 quarter ounce gold eagles. I paid 600$ each on Easter Sunday. I'm trying to buy more gold.
Getting great deals on Fractional Gold right now, paying like 3% premiums on 1/4 oz and 1/10 oz. Just have to follow the sales. My Gold purchases have done better than my Silver, but I do have both.
Where do you watch for sales? Any site helpful?
@@Daybreakermj
1979 Adam Smith 1/10th T. Oz .900 Gold Round Engelhard Gold Standard Corporation
judyjudygold
US $245.50
36 bids (I just this 1/10 oz gold coin)
@@Daybreakermj monumentmetals, hero bullion, sdbullion, jmbullion, providentmetals, are a few that I watch and get weekly sales sent to my inbox. Josh here has flash sales that are good too so subscribe. Good hunting!!!
However, now that I am watching the GSR, it has gone crazy high, so I'll never get "free" silver! AAAGGGGHHHHH!!!!!
I’m not convinced the GSR is as relevant today as it was in the past. Silver is subject to so much manipulation due to its industrial uses that it remains super volatile. I’m off it because of this…… for now. Good video! 👍
Bald Guy Money is always pretty accurate. He thinks silver could go to $46 by next year.
I plan on buying just silver. How should one use the ratio if one wanted to do a 89 oz trade of silver for 1 oz gold? Would you make it beneficial if one wanted to trade for say 89 oz of silver philharmonic for a 1 oz gold philharmonic?
You won’t find a idiot do it with maybe a shop with money but no collector who spent 2500 on a piece is going to swap out for rounds unless it’s considerably in there favour
My shop will 100% do it. I’d wait until silver is closer in the 70%’s before I do any buying gold with silver. Too much still for me. But I don’t know why any coin store wouldn’t trade silver for gold or gold for silver. There are still
premiums however
@@dw8980 I plan on stacking coins...primarily maples and RCM bars.
@@livinginlasvegas8466 I imagine I won't have that problem for awhile. I would rather spend money on ounces of silver than buy fractional gold because one loses on premium. But yes, I would probably wait until the silver got unwieldy before I sought out a fair trade for gold and even then I would want the same government. (e.g silver maples for a gold maple.)
$100 premium on a gold Buffalo. The premium on 89 oz of silver is double or triple.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Monica has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
thanksFor clearing that up, I curiously searched for Monica Lisa Payne on the internet and thankfully, I came across her my goal is to retire in 5years time.
Keep in mind guys, if something happens and the world goes back to the stone age, silver will be highly valuable. Silver can be used for just about anything from car parts, to weapons, and most people will have silver, and only a handfull will have gold.
Good stuff
Gold is great but silver is more affordable for an average Joe
What ratio would you say is ideal to switch over to buying gold... Asking for your personal opinion, not for advise
I’ve always used 60 to 1 as my personal indicator to start buying gold instead of silver!
Over 75, silver. Under 75, gold.
Gold is high right now it broke that 2 k mark last year and never looked back people pump silver way to much more upside undervalued gets old
Gold is 2,513.90 today. 8/12
Wow, I heard JB say the same thing. Thanks.
I like gold and silver.. I just like gold more.... I dont have any, I dropped it in the ocean during a boat trip
Silver going nowhere
gold hits 3000 and silver hits 30 bucks 😂
Sorry, if you're buying Precious Metals in fractions Under One OUNCE, you are filling the pockets of the seller and getting ripped off gram by gram..................buy 10 1/10 ounce gold pieces and buy one, one ounce Gold...........be about $500 more in cost...........you can't buy in ounces, You Don't Buy............
Buy silver and sell gold at 89:1
Haggai 2:6
It belongs to God....He will make it go up once WALL STREET turns to Dust....20.000....BABYLON will fall in FALL!