Is Buying SMALL Gold Coins BETTER Than 1 Oz Gold Coins RIGHT NOW?
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- เผยแพร่เมื่อ 15 มี.ค. 2022
- Is Buying SMALL Gold Coins BETTER Than 1 Oz Gold Coins RIGHT NOW is a video interview with another one of my silver and gold dealers discussing the benefits of buying small gold coins. Buying 1 oz gold coins has its benefits, like less premiums. However, fractional gold bullion coins allow people to buy small gold coins more frequently. 1 oz gold like the gold eagle commands a heavy price for most people. Smaller gold coins like 1/2 oz, 1/4 oz, and 1/10 oz gold are good alternatives. Fractional gold coins allows people to own some gold without having to break the bank trying to save enough money for a bigger purchase. The question is, which fractional gold coin is best to stack when gold stacking?
If you are searching for gold or silver please contact Tim below, please tell him Stormy sent you.
Puro's Coins, Jewelry & Antiques
www.vtcoins.com/
35 Strongs Ave
Rutland, VT 05701
802-773-3883
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I could afford an ounce if I had the patience to wait a month or two. But I got habit like a junkie and need a weekly fix.
No to
Hahah! You animal.
Exactly my problem as well.
Hahaha i am the same gotta all into the shop every pay day
feel ya there brother :p
Yep, been saying it for years. The smaller the increment, the larger your universe of possible buyers. Diversity within your stack is absolutely key, as it represents options.
Thanks pal!
Very well said
@@EmpirePreciousMetals is there nit a standard weight and gold coin. Rather than Eagle or maple?
Definitely agree with buying the fractional gold. I'm still on my 2022 self challenge buying minimum tenth ounce gold and 5g-10g platinum a month. Keep the AWESOME material coming. Much appreciated!!! Stay safe and stack on! Peace from Kansas!!!
Thanks KS Coins! Be well!
Great job and it’s so much nicer to actually see a person not just there hands
What he really means is "I encourage people to have an array of stuff because I'm trying to sell it"
No, what he really means is have an array of stuff because you shouldn’t put all your eggs in one basket.
It’s fun to go back and watch these old videos! Stay the course!
Great video stormy! I’m a Mainer, but I end up in Vermont now and then. I’ll be stopping by next time I’m close to Rutland
Awesome, Mike! Sounds good. Please remember to tell Tim I sent you!
The Britannia is a real stunner. What a beauty.
love the video and i am a firm believer in stacking fractional gold. not only because its budget friendly.
Hey stormy I agree with most of what you said. Only thing I consider when buying fractional is future spot price. I know spot fluctuates but regardless I feel gold will have a higher low later on. Majority of people believe gold will be higher. Realistically can’t see gold at 10k like some people say. But I know it will be higher than what it is now. So if that’s the case then all the premiums we have paid for fractional will be eaten up and we may even make more money selling those instead of a full ounce in the future.
Thanks Joseph!
Great video Stormy! Tim seems like a cool guy and looks like he has nice shop! I only have fractional gold in my stack so far. 1/10 and 1/4 oz. But I mainly stack foreign gold like Mexican pesos, roosters, sovereign, etc. because I typically can buy them at spot. I’m all about low premium!
Very nice! I had one rooster once, but sold it. I may start buying some again. I do have some Mexican gold. See ya Friday.
@@EmpirePreciousMetals i liked the maple leafs because they come in a sealed plastic from the factory. Just another security feature.
Agreed! I have some fractional gold eagles.. but there is just such a variety of foreign gold that can be picked up for a lot less.
I have decided to diversify into Gold and yes, the fractionals are all I can afford every week or two.
And I would rather have fractionals than wait a couple months to buy a whole ounce that I couldn't as easily part with for probably a higher price than it is now
how can you afford to pay the highest premiums
Great video empire. He brought up some really good points
Thanks Plumby!
I really appreciate your videos. I may not always agree with everything you present in them. But, I can honestly say your videos are never boring and I always enjoy listening. I personally have no problem with fractional and I own fractional. However, I won’t pay any higher premiums than I would a full ounce. I find deals ever so often.
Thanks very much, Cowboy. The encouragement and pats on the back are always appreciated. 🍻
@@EmpirePreciousMetals some people don’t know how to take my criticisms. But, I’m always willing to give credit when credit is due.
Thank you for your helpful information❕
You are absolutely right 👍
I have some rules when I am buying gold
1. I am buying investment gold
2. Only the most famous coins: maple leaf, britania, Wiener Philharmonic, Sovereign, Australian Kangaroo, 1 Ducat
3. The cheapest coin for the moment with the smallest buy/sell difference
4. I always calculate the price per gram before buying something.
No gold eagles?
I remember buying a 1/25 oz coin it was smaller than a 1/10oz regret buying it but we'll u learn I don't like grams.. am glad I learned from watching ur videos Stormy know I like big coins
Right on buddy!
Great interview sir!! There are some low premium fractionals out there that i like,.
Which do you like?
I have a weird variety. From goldbacks, 5g, 10g, 20g, and 1oz bars.
I finally started buying buffalos and eagles.
I also have nuggets, grain, and flake. It adds up.
Gold is gold.
yes but some gold is weirdly expensive
Most of that small stuff is gimmicky crap. Just offload it while you can
In these times I think most folks are just stacking what they can afford .
For the seasoned stacker, lately for myself I’m getting more into the 1/4 oz size . It just feels right . But if I have the cash on hand I’m always going full ounce especially if I can get it 89 and 99 over spot . Luckily for me my LCS prorates all his fractional so 99 divided by what ever fractional I buy .
Good video sir stormy !
Thanks pal!
Thanks for the video of gold investment. Yes, i agreed that owning 1/4 ounce canada maple leaf gold coin is a good idea.👍😀
Got my first 1ozt year of the dragon gold bar. But all my other gold is tenth ozt. For a few reasons that you are covering. Awesome video Stormy. Definitely fractional. Maples are not cheaper anymore I noticed that.
Thanks pal!
"Maples are not cheaper anymore I noticed that."
No, they are not and it would be interesting to see what
happens to Maple prices when one goes to sell them.
I use to work in a pawnshop at 25 years in 2008 I bought a couple gold coins a gold 18kt 59gram Bracelet and a 10kt 49gram figaro I was just collecting them because the other guy was doing it so it rubbed off me I never sold them so glad Pablo was right.
This was perfect timing for me cause. I'm looking too get some gold while I have extra cash. Tnx great vid 👊
Glad it was helpful!
Just like you were saying, buy what you can afford, but continue to buy. Don’t get so focused on whether or not the market is up or down. But if you want, you can use the Gold/Silver Ratio (GSR) to determine whether it’s smarter at this time to invest in gold or silver. But keep on investing. Like the dealer said, someone will take it no matter what. Either you’ll get the intrinsic value of the numismatic, or they’ll at the very least give you bullion value. But you’re still going to get something.
What a lovely box for your coins.
Quarters are the most efficient fractional. I am now switching to stack gold with Sovereigns, here in Spain the resale performance is only like 1% less compared to the Maple, and it is easier to save 450€ in one or two months than for a full ounce.
Thanks Lobo!
Sovereigns, Vreneli and quarters are good solutions. Additionally some countries like Germany have a upper limit for buying gold and silver anonymously. For Germany it’s 2000€ therefore I assume that fractionals will be more popular in the future
It's nice to have weight, always. Fractional is a very good idea. And I'm actually kinda starting to think that premium might be worth it.
Good interview.
My advice is get what you can. 1/4 would be smart, agreed
Thanks bud!
Having different types of silver is also good for future side by side comparisons of new acquisitions
Let’s talk about that painting of the topless red head…! 😳🥰
Lol
Great video! Thanks 💪
Good stuff, I like to have some variety with my gold! Agree with 1/4oz!
Thanks bud!
What a crazy roller coaster ride spot prices have been. I can't blame anyone for feeling confused on what to do or what to purchase. My plan is to continue my gold purchasing plan for 2022, be consistent, and of course shop around to find the best possible price. Dollar cost average will take care of the extremes in the long run. Good post Imperious Leader!
Thanks buddy! Luckily spot has come down a bit.
@@EmpirePreciousMetals Can I IG you later today? Just want to bounce some info to you. Nothing serious, just FYI
Thank’s for a good upload 😎
You’re welcome!
I have avoided fractional gold because of the high premiums. I just got a 1/2 oz RCM proof coin at 4% over spot from apmex. I am not sure which one I will receive as it is one of those random offerings but it will be from the commemorative series from 1976-1986. I think I got good deal. I bought late at night. And early in the morning I went online to buy another and they were sold out.
I’m weaning myself from 1/10 Au ( unless I see some near 200) but I’ve been stepping up to buying 1/4 Au coins. I was surprised to see the Shark Week silver! I still have mine
Thanks Empire and Tim! Great video !!! Over the last 3 months I have bought 4 1/10 oz gold eagles for around $ 205.00 each . I didn’t think that was too high of a premium .
Definitely not bad. I just bought mine last month for 218
@@TheFrenchMC still a good price . I seen them has high has 280.00 since the recent gold spike
That is good
Thanks for watching Ed!
Very nice, $220 each (X5) I paid 3 days ago.
Thanks for sharing your thoughts. From my point of view the 1/4 ounzes coins are the sweet spot. Also in the past the most used historical gold coins have a similar size. Sovereign = 0,24 ounze, vreneli, france, Lire,... =0,19 ounze, german empire =0,23 ounze. It is most likely that if we really use Gold coins for trading, that this size would be used often. Of course for big families and expensive Investments, the full ounzes would be better.
Thanks for watching Janni.
agree
Great video I’m a buyer for 1oz gold coins but I do buy fractional from time to time bc it’s good to diversify the stack
Have you ever considered old world gold coins like Francs or Pesos? They are fractional and often can be bought at spot or close to spot. There's also Pre 33 gold that can be affordable. I like the 1/4 and 1/2oz coins because they're easy to sell to individuals so if I need to sell I have a bigger market than just a coin shop. Usually I don't buy 1/10th oz coins but last month I found a screaming deal. They were $190 each so I bought 10. Keep an eye out for sales and keep stacking.
@@richardcontinijr9661 $190 for a 1/10 is pretty much the melt value wow that’s a outstanding deal and YES 🤩 I love my U.S Pre 33 I just picked up a 1924 Saint gaundens, another Saint to add to the stack and Mexican gold and silver is a huge part of my stack I love my 50 pesos and 20 pesos in gold and LIBERTADS 🤩😎🔥 in gold and silver!
Thanks pal!
i usually get 1/4 krugers but in the dip i went with 1/2 since the spot was so far down and the premium so low that the difference between the 1/2 and some of the 1/4s i’ve purchased before only amounted to like $300, i don’t have any whole ounces right now , they really to me are the goldilocks of the gold coin, just the weight for its size and the value of what you are holding is a combination that is very satisfying, but for me right now that would be too long to wait and save for and i wouldn’t want to take that loss from premium by trading up fractionals, but ideally i would like to have 1 ounce of every denomination tucked away, then stack 1/4 all day long until a good dip comes along and go for 1/2 or a whole pie, but always always adding to the silver stacks what i can when i can. it’s always worth watching the ratio between the two for an opportunity there as well.
Was mesmerized by the painting far left , sorry didn’t hear a word . 😆
Lol.
@@EmpirePreciousMetals lol 👍
Love that painting behind him
Lol.
Dude I love that box it's like a treasure chest LOL I bought my first half ounce of gold for 500 bucks and I was paying 130 for 1/10 Oz gold Eagles! I'm not buying much now it's hard to pay $230 for something I paid $130 for two years ago! Or $1,000 for something I paid 500 for a couple years ago my dollar cost average is amazing but I'm not buying much at these ridiculous premiums every once in awhile I'll get a 10th Oz eagle but not very often! Great video brother
Do you follow me on Instagram? Want to see a “treasure chest”? Go look at one of my recent reels posts. Has the most views I ever got on Insta. A chest full of gold!
Much prefer the fractional over full ounce Gold pieces. May pay a little higher premium, but they are a lot easier to sell and very popular too. Grams, 1/20, 1/10 & 1/4 sell fast. While the 1/2 to full oz take more time before selling from what I've witnessed in online groups. Would have been neat to see what other Gold coins are selling for on Apmex of similar purity. Such as 1 oz .999 fine 24k Gold Britannia's, Philharmonic's, etc vs Maple's and Krugerand's vs AGE's. Just as a matter of personal preference, always pick up 24k.
VT247
Thanks Vacation!
I’m partial to the 1/10 ozt, and 1/4 ozt, both in gold and platinum.
Global demand for Maples is up, due to their purity and portability. They've always been popular abroad for that reason, but the current demand is way up for the obvious reasons.
Thanks J Rose!
One of our TH-camrs broke down the math and how the worst of the 1oz is still a better buy than the best prices of a 1/10. Soooo I’m working hard to save up for a 1oz for the summer! Hopefully before July!
Thanks for the info stormy!
Don't over look the 1/4 and 1/2 oz coins. The premium on them isn't bad. 20 Francs and Pesos are usually available for spot or close to spot. Last month I found a screaming deal on 1/10th oz Australian coins for $190 so I bought 10. It only ended up being $80 over spot for an oz which is what I could have gotten a 1oz maple for.
My pleasure Old Man!
So what's better ? 1oz 1/2oz 1/4oz or 1/10th oz?
@@betod3113 the best value for your buck. The 1oz
@@oldmanjenkins771 yeah I was thinking the same cuz I have a 1/10 oz eagle thinking of selling it cuz am going to need to money soon.. then hopefully start saving for a 1oz the bigger the better??
Agree in general but not with the idea that a 1/2 oz. gold coin is some sort of oddity. I started buying gold
1-oz. coins in late 2013. This was perfectly fine for a while but then I started thinking that having some gold
in hand to make certain that I could pay my property taxes when they are due, regardless of the then current
economic situation, would be good. I have no plan to pay these taxes in gold but to sell the gold and use
whatever kind of money we have at that time. I'm also thinking along the lines of some sort of economic
collapse, depression, or other fubar situation where it might be difficult to make change. Because of this, I
started stacking some fractional gold coins. These are all 1/2 and 1/4 oz. coins. The 1/10 oz. gold coins
have more premium than I want to pay. I did a back of the napkin calc on this and at that time a 1-oz. gold
coin could be had in my hands for $2,000 delivered. But, if I were to buy 10 of the 1/10 oz. gold coins for
that same oz. of gold, the price was close to $2,600 for that oz. That's a little on the steep side, IMO.
I do have a pretty decent silver stack, though, and it should figure into all this as well.
It's crazy how much everything has changed. Gold pesos and libertads used to be a decent buy. Now the libertads are way higher. And I just realized some coins are selling cheaper on eBay.
Yep. Constitutional silver too!
You know I'm a fractional lover! How close are you to Vermont? I'm in Rhode Island. I go camping in Vermont every year. Another great video, Stormy. Thanks.
I’m in NJ bud.
@@EmpirePreciousMetals i knew that. I just never put it together how close you were to me lol. I usually camp around the Mt Ascutney area. I'm trying my luck with gold prospecting this year. I already have all the equipment, ready to go. Vermont is a great spot to find gold, from what I hear.
Would have loved to see you show how many fractional gold coins you could get and if it's for you to buy a one ounce 2 half ounce 4 quarter ounce or 10 tenth ounce
Great/timely information! What do you think about the 1 Gram Coin Sheet in Assay? (ex. Maple Leaf) do you think they are easier to deal with than 1/4 coins or do you think they are too small?
Too small in my opinion.
Thanks Empire for sharing this video. I prefer stacking fractional Gold coins and Gold bars because it's affordable. You don't hear much about stacking fractional Gold bars. I was just wondering.
Yeah, gold bars seem to be preferred less than coins which is why you don’t hear too much about it.
U right! Were U buying this circle boxes for the 1/4 and 1/2 coins, looks great, and everyone have the same outside sizes.
I would prefer to buy 1 oz gold but I don't have any. Filled a tube of 20 1/10 oz and now working on 1/4 oz. I am gradually working my way up to 1 oz. Honestly, 1/10 oz are more fun because you can get more variety.
Nice work Hippo!
In 2021 I started buying 5 gram bars. Reason being I’m trying to stack as many ounces as fast as I can. I’m building my gold ounces so in case of an emergency I don’t have to dip into my bank account. It takes 31.103 grams to equal 1 Troy oz of gold. 5 gram bars cost me anywhere from $330-$350 per 5 gram bar. I realized the end of 2021 I can acquire 2oz or more of gold a year buying 5gram bars. When I I buy 2 5 gram bars twice a month. Thanks for the video
My pleasure!
Your bank account exists to dip into in an emergency. Liquidating an investment you paid a 5-10% premium for is a last resort
But if it's time to sell, would you get some premium back for the 1/10 ounce of gold, or would they pay only spot?
If you get the 1 ounce, don't you get more gold for your money?
Don't have much gold (a Britannia 1 oz and a 2022 gold sovereign) but was checking fractional gold just now on JM Bullion and it seemed the 2022 quarter ounce Armenian Gold Noah's Ark was a bargain ($100 less than the 2022 quarter ounce Gold Eagle) . Does that make sense? Just re-checked $87.52 difference now. Might have been some spot movement to get the $100.
Yes the Noah’s Ark and other sovereign coins have less premiums due to less demand.
Just purchased a couple 1/10th oz for the first time from (mostly) the profit I made off a big silver piece I got from goodwill. In my eyes, I didn't lose money, I got free gold for 10 bucks!
European sovereign gold coins are a great buy if you watch for a good sale
Rather depends on your exit strategy for me I have the 70-80% of coins in 1/4oz form but also 20-30% 1oz coins that's because I intend to liquidate the gold slowly at retirement, rather than all at one go, to help it lasts and for tax implementations implementations. If you are using gold to save for a house say 1oz maybe better .
Thinking about one’s exit strategy is key!
Agreed. Both gold and silver have their plusses. For me, gold is for the big expenses and silver is for the small ones. Each of them is very good in their best use area. I've never gotten into the "which is better"
argument because they can do different things for us. My answer to which metals is best... BOTH! lol
Where did you get that cool wooden box with the foam slots?
In my description is a link
Get information. Thanks for sharing your thoughts.
Thanks for watching, Gina!
I was just in my coin shop today and the Maple Silver and the Britania has the same mark up price as a US Eagle..
Same sale price you mean?
@@EmpirePreciousMetals Yes, the same mark up on the coins.
oh dang, I have an Imperial wall scroll on my wall, You get another Sub.
Haha thanks
yeeehhhhh. Good vidja!
Leargrgrrggahhhl!
How important are the years? Newer coins always seem to be cheaper but when selling a coin is a coin right? Unless it was some kind of special year or something I guess.
Ehhh. For me, not important. But some people collect based on years, and some years have less mintages. It all varies and depends on your goals.
I just checked SD bullion, Maples are still about $30 cheaper for either 2022s or random years. I don’t even bother looking at apmex anymore
The maples are in super high demand right now. I just picked up a few of them.
APMEX tends to have much higher premiums for sure.
@@EmpirePreciousMetals Agreed. But if anyone likes BU grade US 90% silver coins, APMEX
usually has a supply of them when other dealers do not. Bought quite a few of them from APMEX.
For other items I use SD Bullion and Provident Metals. Both are good.
AGEs have 1 troy oz of 9999 fine in them, they add additional copper and silver to make them more durable which causes them to end up as 22 carat
Yep
I just purchase a 1/10 oz gold coin and very happy with it paid under $ 215;00
Nice, what'd you get?
@@EmpirePreciousMetals 1/10 oz eagle 2022
What’s up with the naked picture on the guys wall 😱
🧐😈
$300 for 1/10. Not sure where you are looking, but there are a lot online dealers in the $210 to $220 rang , premium included. I have been buying 1/10 eagles and Britanias since January.
APMEX and JM just last week had 1/10 gold ABOVE $300!
Hey Stormy, where did you aquire the box holding your gold pieces?
It’s in my description of the video 😉.
I can only afford fractional gold for now. As soon as I finish my personal challenge of a full tube of 1/4 oz gold I am switching to full oz. Don't plan on selling any gold. Have enough silver for bartering and possible trading for gold.
Yes, it's hard to sell gold because it's too beautiful to let go!
@@EmpirePreciousMetals Yes, there is that but there is also the thought that we own
gold specifically because an emergency situation could come along at any time. Given
that, gold owners tend to hold on to their gold until it is really needed.
The one oz vs fractional debate all depends on one's budget at the end of the day
True.
The premium is so much on fractional, you'd be better off offering a good deal to the the dealer on a 1 ozt
I’m partial to $10 Liberty heads. Like the design and the size.
They’re so nice.
Fractional gold is all I can afford 👍🇺🇸✌️
I think the 1/10 oz and 1/4 ounce are good to have and I like the goldbacks 👍🇺🇸🖖
It's good to stack!
Stack on buddy!
1 oz gold always and use silver (rounds or whatever with lowest premium) for the smaller amounts if you need to sell.
😉
If you're looking for fractional metals for direct barter, you should have mentioned gram bars! The Perth Mint and private mints make 1-, 5-, and 10-gram fractional bars. And you made no mention of the Valcambi Combibar breakable bar, which is a sheet of gold that breaks off into pieces The combibar comes in a 20-piece sheet of 20 1-gram pieces, or a 1-ounce sheet of 10 1/10 ounce pieces. If you can afford the one-ounce bar, you pay less than half the premium per 1/10 ounce vs. the Maple, and you get 10 all at once. No, it's not a sovereign coin, but if you're looking to save on premium, it's an option.
You are correct, but bars tend to be not as sought after, which is why there’s less premium. I prefer to have items which will appeal to the majority.
@fazdoll thanks for reminding me about the Perth Mint gram bars. Just checked out the pricing on 1g and 5g bars and they are way cheaper per gram than a 1/10 or 1/4 oz coin. The 5g bar is not much over spot considering the small size. Plus those machined bars with the Kanagroo etching look sweet, no problem in moving those if you have to.
I just made a video about this. Fractional is alot better and easier to liquidate compared to 1oz and ill never buy 1oz its just too hard to sell when the time comes and if the price rises.
I love that little box! Where can I get one?
Check my description for the link.
Definitely need fractional gold and silver
Keep Stacking the Frac!
Bam!
Premiums are better on 1/2 oz eagles are better than 1/4s and 1/2 oz eagles have lower mintages than 1/4, 1/10 an 1ozs.
Yes.Hold some fractional. I believe that in years to come as new people enter the precious metals market this is what most will be buying and able to afford. The average person won't be able to fork out thousands of dollars for an ounce in years from now.
I agree with you, that is, if the price shoots up.
No, they won't. In fact, the average person is unlikely to be into stacking at all. Those who are into
stacking tend to be the same ones who are proactive and don't like the way that things seem to be
shaping up in the future. Inflation used to fly along under the radar of most people because growth
was higher than inflation. Now that this has reversed, it is clear that fiat currency is not the way to
store one's wealth. Those who have extra money in hand tend to want to protect its buying power
via converting it into gold and silver.
I like the 20 francs, yeah it's odd weights but still best bang for the buck for me.
I need to buy some roosters.
EPM, why do you use Rip-Off-Mex for your pricing? I know, you know, and almost everybody (except newbies) knows that they are the highest priced dealer on almost every coin, or bar. SD, or better yet, Bold are much more reasonably priced dealers.
I use them as an example a lot of the time to show just how high prices can go and that people are paying those high prices.
I just read a post from Venezuelan stacker
Says it’s not uncommon for people to cut, (larger bars) with axe blades, chisels, hacksaws and Bolt cutters.
Serious.
Can you explain this to me?
I'm Australian so the current spot price is $96 per gram
So one oz is $2720
But online bullion dealers charge $3100 per oz
Premium is basically over 10% when I've read its supposed to be 2.5% - 5%
Why am I getting ripped off an extra $200+ per oz?
I've also read that spot is $3000ish per oz but as I said 96 x 28.35 adds up to $2720ish so I don't get what the deal is with the extra $300, it doesn't add up lol.
Spot being $3000 per oz adds up to coins being 5% over spot at $3100+
5% is pretty nuts still, where's the 2% at lol help me understand the injustice I'm witnessing.
Only buying sovereign coins, screw paying 28% capital gains tax lol 1 oz is the best size I've heard.
I'm in the research phase
🤷🏻♂️
@@EmpirePreciousMetals i figured it out shortly after, Troy oz is more than regular oz. Everything is well
I was shocked how much shops are charging over spot to buy Gold 1 oz coins ,I was buying it was $20 over spot for Maples . Who has the best price on gold coins ?
Try findbullionprices.com
I love fractional but my gawd, overage is SO expensive compared to ounce
paying more money per weight for less than one ounce coins.same amount of work has gone into smaller coins as the 1 oz.
Great video brother thanks for the info
Any time!
No problem 👍
Buy gold 1 oz coins or bars. Buy silver for fractional sales. I myself have to buy silver because it is cheaper. I am also hoping to trade some if the GSR comes down a bit. Keep Stacking!!
I don't bother with the GSR. I will be doing another video about this.
@@EmpirePreciousMetals When the opportunity arrives that can allow us to double our
stacks for a small cash outlay, you may wish that you had. 2011 was a good example of
this. The G:S ratio dropped down to about 33:1, which was an excellent time to trade silver
for gold. Once it gets back to 70:1 or higher, it can be traded back. Presto! A much bigger
stack. 🙂
The only downside in swapping based on the G:S ratio is that the opportunities do not come
along real often. But when they do, it can be a really good time to increase the stack. A good
friend of mine did a partial swap when the G:S ratio was 94:1. He swapped 6 ozs. of gold for
564 ozs. of silver plus a little cash. You can believe that if the G:S ratio were to drop to 40:1
or lower, he would be swapping that silver back into more gold than he had before. So will I. lol
How long have you been collecting? And how much gold do you own over 25 ounces?
Bought some gold about 15 years ago, but started stacking last 5 years. Yes, more than 25.
@@EmpirePreciousMetals thanks for replying back so fast I’ve started collecting early 2020 before the bullish market there in August of 20 I’ve roughly have 11 oz of gold and just short of 500 silver. My father is the one who got me on board! Again thank you for your time!
What’s you take on buying from the US Mint? Gold or Silver.
Oof I’m not a fan.
Thanks Empire, now, my guess would be because of the high premiums?
I go for one ounce gold coins, 25 and 50 gram sectioned bars, and if there is a good deal, I'll buy fractional or pre '33...Fractional gold is now too expensive. I was buying 1/10th oz for $185 not three or four years ago. Too expensive to go low.
Maybe that's one of the issues with buying gold and silver? Today's price always seems high. lol
I was buying 1-oz. gold coins back when spot was under $1200 an oz. That was not all that long ago,
so today's prices around $2,000 an oz. do seem high... until they get to $3,000 an oz. and then they
will seem cheap again. Wash, rinse, and repeat. The good news in all this is that this is *exactly*
why we are buying gold, isn't it?
The Royal Mint announced a few days ago that they are beginning to recycle computer boards for GOLD, and silver. This is actually wonderful news…recycling.
Maybe that’s part of why, Maple’s are going up in price.
Seems like a tedious, labor intensive process. I would imagine this would increase costs?
@@EmpirePreciousMetals I would think so..but they just have a mass process that can work.
Never trusted the dollar, stock market, government ect…… metals and land are my preference but I have lots to learn. Thanks for sharing your knowledge 👍
Hahah 🤣nice pic in the background.
Lol!
I dont trust it either but I still invest in it for to hedge against my own stupity 😜 I like land and metals because its like my bird brain gets revorded when I see the assets instead of looking at a screen but I do like my dividend stocks also :)
hey were did you get that box? and can you get that same box but to just store 1/4 ounce (slot size that is)
I have a link in my description for it.
@@EmpirePreciousMetals thank you