Looking at bullion investment. I do like the 99.99% Britannia compared to the 91.67% of the Sovereign. However, I prefer the £1 face value of the Sovereign to the £100 face value of the Britannia. They are both VAT and CGT free, but HMRC recognizes 500 Sovereign's (a Monster Box) as being worth £500, whereas it recognizes 100 Britannia's (also, a Monster Box) as being worth £10,000. I like the look and purity of Britannia's, but I'd rather fly under the radar.
Gold definitely goes up in value haters say it’s fiat going down but if inflation is 3% and gold has increased 25% then it doesn’t take a rocket scientist to work out that gold has increased in value
I'd vote: Fiat value declining. I don't think Gold is anymore popular now than it was in say the 80's or 90's. It's probably less popular. Demand would not have increased amongst society. The amount of USD in circulation since the 80's or 90's have sky rocketed. Everything has become more expensive and demand isn't much higher. Granted population has increased, but the cost of goods doesn't reflect population demand. Again, fiat dollar is declining in value/purchasing power.
Gold is a market and gold price is up due to market mechanisms - which do not include "Cash is trash-like theories". Fiat currencies are not crashing any soon.
Fiat is becoming worthless. By the time Labour are done the pound will at best just be a notional unit of exchange. The one big variable this downturn/money printing cycle is that Bitcoin has come of age with the ETFs. It’ll be interesting to see how much money it diverts from what would have gone into gold in the past.
🤩 gold holds its value and it’s nice to look at.
How ‘bout leaving some gold for the rest of us ;)
Great, great stack
Definitely both. Countries and banks stocking up has really increased the price. Inflation i suspect is a lot higher than official figures too
Yeah when you start adding up and comparing receipts of actual expenses the "official" inflation figures seem interesting
Struggling to buy gold at the moment ( salary sucks 😱), but liquidating some silver bullion to pick up fractional gold🎉.
Thanks for video 👌.
I think swapping silver into gold is a good move let's see 👍🏼
You dropped this King 👑
Anyone else roughly try and calculate how much money is on that table 😂
I think like $750,000?🤔
@@JesusGARCIA-yn6yb 😳
About 40 grand
Always informative, thanks for sharing
Interesting topic. As long as they continue printing fiat, currencies will lose value. Thank god we have gold to freeze our buying power.
Well said!
I'm getting silver forum vibes on this channel. 👍
Looking at bullion investment. I do like the 99.99% Britannia compared to the 91.67% of the Sovereign. However, I prefer the £1 face value of the Sovereign to the £100 face value of the Britannia. They are both VAT and CGT free, but HMRC recognizes 500 Sovereign's (a Monster Box) as being worth £500, whereas it recognizes 100 Britannia's (also, a Monster Box) as being worth £10,000. I like the look and purity of Britannia's, but I'd rather fly under the radar.
Now that’s a stack nice
Just bought a mexican 50 pesos🎉
Good buy. I have the 1947 restrike as well as 1926/44/45. All BU.
Fiat always goes down,
Gold definitely goes up in value haters say it’s fiat going down but if inflation is 3% and gold has increased 25% then it doesn’t take a rocket scientist to work out that gold has increased in value
Your hard stacking, is paying off old boy
hasnt gold always been the stable factor and has always gone up in price thanks to inflation and fiat losing value?
Generally it’s fiat currency going down. Debasement.
Both
Man that's a pretty stack
🙌🏽
I'd vote: Fiat value declining. I don't think Gold is anymore popular now than it was in say the 80's or 90's. It's probably less popular. Demand would not have increased amongst society. The amount of USD in circulation since the 80's or 90's have sky rocketed. Everything has become more expensive and demand isn't much higher. Granted population has increased, but the cost of goods doesn't reflect population demand. Again, fiat dollar is declining in value/purchasing power.
Fiat currencies are crashing, thats why everyone is at war.
Gold is a market and gold price is up due to market mechanisms - which do not include "Cash is trash-like theories". Fiat currencies are not crashing any soon.
Fiat is becoming worthless. By the time Labour are done the pound will at best just be a notional unit of exchange. The one big variable this downturn/money printing cycle is that Bitcoin has come of age with the ETFs. It’ll be interesting to see how much money it diverts from what would have gone into gold in the past.
I spend money don't touch gold .by by by by.keep it in your hand its not like water.
🤤🤤
,😉
First!
Second
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