@@bidmcms3 It's safe to say that you live in a different financial world. Nothing is Affordable now and that Scrap of Paper sits at 1.5%. Yeah... that's 1.5 Pennies to every Dollar you think you have. That's why us "Fellas" are Stacking. "Use your head."...
Buying the bakery is probably faster to drain your money especially if the coins get debased And you have to buy the ingredients to make bread and pay any help you have
@@WillCarter1976 I’m guessing that @explorinlearnindoin5462 hasn’t done the learnin or doin parts yet or they would’ve gotten the point since you put them on target.
Very True! However, I can afford to buy a couple ounces of silver each payday, I can’t afford to do so with gold. As my great-uncle told me many years ago: “A little bit of *something*, beats a *whole lot* of nothing.”
in this case though that doesnt hold true. silver is much more useful than gold. we use it medicine, electronics, chemicals, etc. at this moment in time there is also a silver shortage.
6 stacks of about 14 1 oz coins each = 84 3 10 oz (10 oz bars are 1/4" thick) = 30 total ounces approximately = 114 $5000/114 = $43.86 verdict this was shot in April 2011
Economic value of silver will be tripple that of gold in a few years, silver is limited and used to make solar panels and more so yeah its value is about to skyrocket.
The gold and silver price difference is probably the biggest sign of the worlds wealth gap, and honestly the influence Wall Street holds over any and everything
Most silver comes as a byproduct of mining base metals. Very few silver deposits of any size are being found and even if they were, their contribution to world production of silver would be insignificant. @@redthegamer12
@@tube56t53 more to liquidate at higher prices. I usually convert them back and forth given the price will eventually go higher on silver. More gold for free later.
@@tube56t53 You have to have a way to break your denominations down. Gold has way higher premiums currently. Silver has far more industrial usage, medical devices etc. Causing silver to eventually become far more scarce then surpassing golds price down the road due to its scarcity.
Remember that quote from Thomas Jefferson... " paper is poverty.. It is only the ghost of money and not money itself" What is money? Our money.. We the peoples money.. Is gold and silver. Not a worthless fiat currency backed by nothing.
I did a little trading of physical silver bullion once. It was possibly my most successful investment in terms of % return per annum, even though I sold well below the peak. And yes, no problem selling physical silver, plenty of buyers, generally paying well over spot. At worst, a local coin shop or bullion dealer will give you a few % below spot right there and then.
In 2022 and 2023 i sold $3k in silver for gold. 1 one ounce gold coin. 1 1/4 oz gold coin and 3 1/10 oz gold coin. Since gold went up over $700 since. Technically I made about $750 profit just by owning the 1 oz gold coin.
@@user-oc2yu3pk9y wtf Dude. Literally a ten second Google search and you would know silver is a way better conductor than gold and even Cooper ist better. In fact silver is place one for conductivity lol. Please inform yourself before writing unqualified opinions online. But gold has one Advantage: it does Not corrode, so its used in electronics in places you really dont want to corrode even a little bit.
Silver is generally bought in multiples of 100gms but Gold is bought in multiples of grams😊 since Gold is way more pricey. Gold price is Rs 75k/10gm(22carat) whereas Silver is Rs 100k/kg.
1 kilo bar of Silver is running about $850, was $550 before 2020. I wanted it to coat some cooking pans. The silver lined cooking pans were like $2400. Yes it's a bit overkill but it was worth it lol
in Feb. 2024, 5k USD, at/about spot price, siver is about 200 troy oz. gold is about 2.5 troy oz. this is with off the cuff math but within the general area
The ratio will continue to close to the natural ratio, making it 10x more valuable at least (if brought from 88:1 to 8:1) so, it should eventually be 8 oz silver to 1 oz gold.
@What...? Nowadays in Oregon it hard times...like at the dispensaries I saw a sign 25 an ounce that's totally unbelievable Growers left and right going bankrupt
2 reasons I stack gold over silver. Storage space & portability. If I need to bug out in a hurry I can put my gold in the pockets of my cargo shorts and leave. A silver stacker needs to fetch his wheelbarrow or back up the forklift.
@Munchies same both are great, but if one of the metals will ever get a pump in value it’ll 100% be silver and platinum especially since it’s more rare than both. Gold will grow gradually.
Once silver and gold reach their true value you won't be able to use gold, unless you buy a house or a yacht. It will be too valuable. Even 1oz of silver will be too much for regular purchases.
@@MHollywood5Are you not watching what’s going on Erin inflation or the debt the U.S. is currently in with other countries wormhole we somehow manage to give over 100 billion dollars + to Ukraine?? I mean it’s comical to act like this isn’t a realistic outcome the economy could collapse at any second you’re acting like the people that experienced the Great Depression knew it was coming😂
Things have value because we give them value. For example diamonds are intrinsically worthless. This is what a member of the DeBeers family said a number of years ago.
Silver has value. It is used in scientific mirrors, as catalyst for reactions, and silver nitrate was used for photo film in the past. Gold has some value: It is used for electrical connections which must never tarnish.
@@bobtheblob2770 Diamonds are worthless. Every single time I had to sell jewelry they stated upfront that they only cared about the weight of the gold. You'd have to own a very very expensive rare diamond for it to be worth their time. This is why it's best to go heavy on precious metals, and if you need stones just go lab created diamonds, or Moissanite.
Honest question for those that may know... If we were seeing silver and gold represented in a form besides coins would it make a difference? Cause coins have value of their own, what would it look like if it wasn't represented with coins.
Just got into silver. Bought a few 1 oz coins and a 10 oz bar. Been watching lots of videos and reading as much as I can. Guess you can put me in the FOMO group. I'm looking to buy a little bit of gold as well in the new future as well.
@@BlacksmithBets What's that worth, six grand? I bet the stackers that left Ukraine in a hurry would have to haul out a few kilos of gold rather than 150 kilos of silver. In uncertain times stackers with a valuable stack (over $100,000) prefer gold. I've been stacking gold since 1973 and would need a HD truck if I had to bust a move with silver on a short notice.
@@robertscheinost179 Silver has an industry usage my man. I would rather stack more silver thanks to economy of scale than gold, only due to gold's price.
More than I thought too. 2000+ an ounce is nuts. I’ve just recently began getting invested in gold also. I want to buy but I’m waiting for it to dip a little to like 1800. I hope it does one day praying
Internet already has big storage capacity. Who say you need to have all the silver at once. What kind of emergeny need you to have $5,000 to buy bread and water.
That's what's so interesting about it. For centuries gold traded against silver at roughly 20:1 The current ratio is significantly distorted from the historic norm.
Robert from rich dad poor dad says physical silver & gold is a must investment for the future. I have started accumulating with 1 or 2 silver coins every pay day iI receive monthly.
Will... We all know that gold is 59xs more valuable than silver... Alway wesr a 24kt gold necklace...if you was ever in the need for cash .. 2k or more at a pawn shop for your 24kt Asian gold necklace better than 14k or a silver 2 oz necklace worth less than $100....
I keep trying to tell my Sons friends (24-25yrs old) to invest and buy silver and gold. I keep telling them how easy it is and once you get in the habit of buying some every paycheck, you won’t miss the money. That and you’ll never lose any money investing in it. Don’t expect to get rich over night though.
Current ratio of gold to silver is between 89 and 90 grams of silver to equal the value of one gram of gold. In 2016 it was 80:1; in 2011 it was only 31:1. I wonder why the big change over five years? Oh, and through most of the previous thousand years, the ratio was around 12:1 (hence why there are twelve shillings to the similar sized pound in pre-decimal English money).
Silver is about 20 bucks a gram where gold is usually around 50-60 or higher depending on the market. Thought everyone knew you need less gold than silver when counting like this.
Gold is north of $2k per ounce, while silver is having a hard day touching $25 per ounce. So, yeah, there’s gonna be a huge difference in the volume for a given dollar amount.
People who was saying that the silver wasn’t worth what it was. Don’t realise it. Silver value drops and then goes up on a different day so what you’re seeing today could’ve been different to what when this was recorded.
Except the value of gold is hyperinflated currently. So you should really have a lot more gold than that if we’re talking gold to silver ratio instead of gold/silver to USD. This is why it’s a much better investment to buy silver right now. Gold is extremely overpriced relative to the actual ratio of gold to silver available. (roughly 1:19) Yet gold costs almost 85 times as much!
I think that for non professional investors silver could be easier to invest in, being cheaper and less used than gold for investment it would be easier to buy the real stuff. I just saw a lot of fake gold flooding the market these days
Nobody is going to "Make Change" for gold when you need to swap value for value as opposed to value for paper. Use silver for exchanges and gold for storage or transport.
For now. The way silver is used in the future, oerhaps distant, maybe not so much, silver is going to skyrocket Unless of course we find some huge unknown deposits which is likely. Or perhaps if we find a more efficient mode of recycling it and more people engage in doing so
Well I have to say watching someone proving a point with $5k worth of gold and $5k worth of silver when I don’t even have $20 to my name really put a cherry on top of a really awesome day.
Silver is such a visually appealing metal to look at
Looks like aluminium what u smoking G
It’s the shiniest metal
That’s what I used to think too… Buy a gold coin and tell me if your opinion changes😂
@@Wat-Dathomie the economy is in shambles
Ew
I'd take the Silver over Gold...
Most daily purchases are small.
Silver is just easier to use.
yeah...IF I have to choose, silver every time unless gold comes down to about 1300 maybe, then I'll take the gold.
Who is stacking bullion for small daily purchases though? Use your head fellas
@@bidmcms3
It's safe to say that you live in a different financial world.
Nothing is Affordable now and that Scrap of Paper sits at 1.5%.
Yeah... that's 1.5 Pennies to every Dollar you think you have.
That's why us "Fellas" are Stacking.
"Use your head."...
Bitcoin: Hold my beer.
@@johnking4226 what scrap of paper?
Silver buys the bread, Gold buys the Bakery.
I rather buy the bread
Buying the bakery is probably faster to drain your money especially if the coins get debased
And you have to buy the ingredients to make bread and pay any help you have
@@thesecondsilvereich7828 your savings of gold and silver will not last forever. You will need to work if you wish to survive.
@thesecondsilvereich7828 Ok Brokey, thanks for the update.
@BryanSanchez-yw4vf Ok Brokey, Cool Story.
That was more gold than I was expecting!
That's way more than $5k in gold lol
Bc they were in thier casings 😅
Because this video is a year old
He used smaller coins than needed. All he needed was 2 1 oz coins and a half oz (with gold apps 2k)
@@joseornelas1718 That's still worth way more than 5k gold a year ago.
If you're stacking for investment, Gold. If your stacking for fiat collapse, Silver. And if you're stacking for SHTF, copper jacketed lead.
Actually you will want all 3 in any scenario.
Copper jacked lead?
What is that?
Who wants copper when shtf? I lean towards silver more then. Like to buy bread...and stuf
@@WillCarter1976 I’m guessing that @explorinlearnindoin5462 hasn’t done the learnin or doin parts yet or they would’ve gotten the point since you put them on target.
@@explorinlearnindoing5462he meant bullets woud be more important than precious metal in a post apocalyptic situation l.
@@misaelfraga8196 Ahhh thanks, (English is not my main language).
Very True!
However, I can afford to buy a couple ounces of silver each payday, I can’t afford to do so with gold.
As my great-uncle told me many years ago:
“A little bit of *something*, beats a *whole lot* of nothing.”
Buy mutual funds... You'll outperform silver and gold by multiples
@@mvubu6823, can’t they drop in value or become worthless?
Gold/Silver has never been worthless.
@@showton8333good luck reselling it for anywhere near what you paid for it. And even in the apocalypse I think I’d rather trade in bullets lol
in this case though that doesnt hold true. silver is much more useful than gold. we use it medicine, electronics, chemicals, etc. at this moment in time there is also a silver shortage.
When you silver starts getting too heavy wait for the cost ratio to get close a bit then trade silver for gold.
All I see is _treasure!_
Seriously though, silver is for small transactions, like buying food. Gold is for buying a house or a car.
6 stacks of about 14 1 oz coins each = 84
3 10 oz (10 oz bars are 1/4" thick) = 30
total ounces approximately = 114
$5000/114 = $43.86
verdict this was shot in April 2011
Canada
Silver is $21 an ounce so this guy got ripped off.
I think hes accounting the premium
@@leonardodtc4847even the premium on its way over
MAN I WISH SILVER WAS 43
Economic value of silver will be tripple that of gold in a few years, silver is limited and used to make solar panels and more so yeah its value is about to skyrocket.
Yes all the forecasts say just that.
The gold and silver price difference is probably the biggest sign of the worlds wealth gap, and honestly the influence Wall Street holds over any and everything
Silver is criminally undervalued
Pounds Sterling used to be silver in the past, after UK removed the silver standard the country gone to hell.
@@Randomanimations19 Because used in medicine,rockets,solar panel,electric car,future and China is going to spit on you :))))
I thought he was saying 5 grams at first haha, I was like dang, that's the heaviest 5 grams I've ever seen
I was thinking the same thing!!!
Same. I didnt un hear it untill i read your comment.
I thought the same thing; i was like 'bro, your scale is HELLA broken!'
Had me questioning my hearing...
Me too
The silver is the better investment if you have been watching the growth of it
Until another deposit is found.
Most silver comes as a byproduct of mining base metals. Very few silver deposits of any size are being found and even if they were, their contribution to world production of silver would be insignificant. @@redthegamer12
The silver has some industrial uses and it has been around for longest of all currencies. The silver has no issue of the gold standard.
Silver is a poor mans folly
@@Dpowell28 you clearly don’t watch numbers then
Next, show a side-by-side comparison of gold, silver and platinum. This should be entertaining
Silver is shiny platinum has a darkness to it ..,I own both I love the colors
That's why I sold half of my silver stack years ago and bought more gold
I would still prefer to have the silver versus the gold because of the upside potential 👍
Insane premiums on silver, plus take up large space to store....
@@tube56t53 more to liquidate at higher prices. I usually convert them back and forth given the price will eventually go higher on silver. More gold for free later.
@@tube56t53 You have to have a way to break your denominations down. Gold has way higher premiums currently. Silver has far more industrial usage, medical devices etc. Causing silver to eventually become far more scarce then surpassing golds price down the road due to its scarcity.
@@DorseysResource but in uk there is additional 20% tax on top of the high premiums on silver, on other hand gold has 0 % tax
If you like upside you should check out platinum...
Remember that quote from Thomas Jefferson...
" paper is poverty.. It is only the ghost of money and not money itself"
What is money? Our money.. We the peoples money.. Is gold and silver. Not a worthless fiat currency backed by nothing.
Looks like about 100 OZ, not quite 5k
60 1 oz coins, 3 32 oz kilos =100
@@christiangraces3732 That’s still about 3200 bucks if you go on today’s spot price of around 20 bucks.
@@christiangraces3732 Those are 10oz bars
Arent kilos 35 oZ
@@stoptrudeau42 troy ounces are used for gold an silver not Imperial ounces. so 31.1g to the Toz
Its value is what society has made it which is crazy. Just like diamonds
Dude you sound like Robert Kiyosaki
A "precious metal" is only worth what someone else will pay for it. Silver over gold, any day
Silver is easier to barter with. Who has change for a gold coin
Criminals are now wondering, "So where u located?" 😂
I like the look of silver
silver watch and chain vs looking creepy
Moral of this story, buy silver not gold.
try selling silver vs gold and you will find out why GOLD is the KING.
They sell just as good
I did a little trading of physical silver bullion once. It was possibly my most successful investment in terms of % return per annum, even though I sold well below the peak.
And yes, no problem selling physical silver, plenty of buyers, generally paying well over spot. At worst, a local coin shop or bullion dealer will give you a few % below spot right there and then.
In 2022 and 2023 i sold $3k in silver for gold. 1 one ounce gold coin. 1 1/4 oz gold coin and 3 1/10 oz gold coin. Since gold went up over $700 since. Technically I made about $750 profit just by owning the 1 oz gold coin.
That's why the old saying is silver is the poor man's gold
Funniest thing being silver is far more useful than gold.
What are you talking about? They’re mainly used for the same things but gold is a way better conductor
@@user-oc2yu3pk9y wtf Dude. Literally a ten second Google search and you would know silver is a way better conductor than gold and even Cooper ist better. In fact silver is place one for conductivity lol. Please inform yourself before writing unqualified opinions online.
But gold has one Advantage: it does Not corrode, so its used in electronics in places you really dont want to corrode even a little bit.
This is correct. And, what this other person is also correct about is multi-variable but picked one element of these elements.
It's the best reflector of visible light on earth, it's used in engines, electronics, medicine and water treatment. @@user-oc2yu3pk9y
@user-oc2yu3pk9y no you're wrong silver is a way better conductor then gold
Gold is at almost $2k a ounce. You just need 3 coins up there
They’re not all 1oz coins
2 ounces and 1/2 ounce
Do you know how many carats it is tho
@_officialbrad5263 It’s about 57.46 carats
Ballin' on a budget
Silver is generally bought in multiples of 100gms but Gold is bought in multiples of grams😊 since Gold is way more pricey.
Gold price is Rs 75k/10gm(22carat) whereas Silver is Rs 100k/kg.
1 kilo bar of Silver is running about $850, was $550 before 2020. I wanted it to coat some cooking pans. The silver lined cooking pans were like $2400. Yes it's a bit overkill but it was worth it lol
in Feb. 2024, 5k USD,
at/about spot price,
siver is about 200 troy oz.
gold is about 2.5 troy oz.
this is with off the cuff math but within the general area
I'd like to see you try and spend your gold in a SHTF scenario. You will get your change back in silver.
Well, in sh!thole countries that had hyperinflation, people that owned gold would scrap of the gold from the coins/bars and pay with the small pieces.
Nothing shines or pings like the white metal
Holy cow. Thats a HUUUUGE difference. I knew there was a difference, but never been shown. Nice. 👍
That's why I'm buying silver. The ratio needs to correct itself
$275 is where it belongs. When enough JP Morgan VP's are behind bars, maybe we'll finally get it!
@@andyslaven5538A one ounce silver coin costs $35-$50 dollars and it’s only worth $21. It’s worthless.
Absolutely
?@@andyslaven5538
The ratio is a pipe dream imo.
Scarcity drives demand. And silver clearly is not as scarce. Also not used as widely industrially as gold is.
The ratio will continue to close to the natural ratio, making it 10x more valuable at least (if brought from 88:1 to 8:1) so, it should eventually be 8 oz silver to 1 oz gold.
@@7fall that would be huge
What's 5 grand in WEED look like ??? I'm just saying.....
Depends where you are lol
@What...? Nowadays in Oregon it hard times...like at the dispensaries I saw a sign 25 an ounce that's totally unbelievable Growers left and right going bankrupt
I got it if you wanna see... 😆
@ModernDayInvestments Hahaha....I got as well...that's what Oregon Hillbillies do now is grow...for no real money anylonger !!
They're a great couple! There's a reason why they've been the dominate currency for so long.
I like the Britannias and Maples also! Good taste!
Nice, I have a “couple” of those 1oz golden maple leaf’s and they sure are something else 👌
2 reasons I stack gold over silver. Storage space & portability. If I need to bug out in a hurry I can put my gold in the pockets of my cargo shorts and leave.
A silver stacker needs to fetch his wheelbarrow or back up the forklift.
@Munchies same both are great, but if one of the metals will ever get a pump in value it’ll 100% be silver and platinum especially since it’s more rare than both. Gold will grow gradually.
Pfft...amateur. I can but out with my single rhodium earring and live like a king in Guatemala for 700 years! 🤣
That's why u bury the silver and have some gold in your pocket ...u can come back later for the silver
You see here you're just in a speculative zone. What he was saying was coming out of a prepper mindset not an investor's one @@Yinyang1277
Once silver and gold reach their true value you won't be able to use gold, unless you buy a house or a yacht. It will be too valuable. Even 1oz of silver will be too much for regular purchases.
Currently... I wholeheartedly believe the GS ratio will some day be closer 5-10.
Me too brutha!
That silver represents alot of bartering.
Yup when things go downhill you can’t give a gold coin for groceries😂
You won't see the day in your life time where we have to barter with PMs
@@MHollywood5Are you not watching what’s going on Erin inflation or the debt the U.S. is currently in with other countries wormhole we somehow manage to give over 100 billion dollars + to Ukraine?? I mean it’s comical to act like this isn’t a realistic outcome the economy could collapse at any second you’re acting like the people that experienced the Great Depression knew it was coming😂
@@RitoDaOgtrue true
@@MoneyIVI no you cant give it to a grocery store but there is minimum 1 jewellery store in your area. they would take it in a heart beat
Silver will soon be much more valuable than Gold ...
Things have value because we give them value. For example diamonds are intrinsically worthless. This is what a member of the DeBeers family said a number of years ago.
diamonds DO have value because of the hardness, but its about $400/kg (for industrial diamonds)
Silver has value. It is used in scientific mirrors, as catalyst for reactions, and silver nitrate was used for photo film in the past.
Gold has some value: It is used for electrical connections which must never tarnish.
@@bobtheblob2770 Diamonds are worthless. Every single time I had to sell jewelry they stated upfront that they only cared about the weight of the gold. You'd have to own a very very expensive rare diamond for it to be worth their time. This is why it's best to go heavy on precious metals, and if you need stones just go lab created diamonds, or Moissanite.
Bro got bodied lol
Honest question for those that may know... If we were seeing silver and gold represented in a form besides coins would it make a difference? Cause coins have value of their own, what would it look like if it wasn't represented with coins.
Hes overpaying on spot for the silver dollars and other coins. 100% i stick to bars on all my metals: gold, silver and platinum
The new phrase "how it looks like" just absolutely shows me the level of our education system.
Thanks for the education of gold being more expensive than silver
You overpaid for your 5K in silver! 😂
I was the only one who thought at first is was the wire in the back 😂
"We're gonna need a bigger boat."
"Like a dolls eyes"
whats a boat
i dont know
@@kcglearningeverythingthati2599 A boat is that thing you drive in the water. The saying is from the movie about the crazy shark... Jaws
@@badmanskill1112 And the line is wrong it's "You're going to need a bigger boat" small detail I know but you brought it up.
@@OliverSutton1962 Did he really enunciate 'going to'? I thought it was 'gonna'. He was a blue collar kind of guy after all.
Damn I was like when is the silver gonna stop coming 😂
Charlie from smiling friends is that you!?
Shhhh don't tell anyone...
Just got into silver. Bought a few 1 oz coins and a 10 oz bar. Been watching lots of videos and reading as much as I can. Guess you can put me in the FOMO group. I'm looking to buy a little bit of gold as well in the new future as well.
Better late then never bro! Good call!!!
Which is why I stack gold and dumped my silver in 2011. Too heavy.
Unless you’re stacking millions then that logic doesn’t make much sense. It takes a few seconds to move a few kilos of silver
@@BlacksmithBets What's that worth, six grand? I bet the stackers that left Ukraine in a hurry would have to haul out a few kilos of gold rather than 150 kilos of silver. In uncertain times stackers with a valuable stack (over $100,000) prefer gold. I've been stacking gold since 1973 and would need a HD truck if I had to bust a move with silver on a short notice.
@@robertscheinost179 Silver has an industry usage my man.
I would rather stack more silver thanks to economy of scale than gold, only due to gold's price.
@@trige000 To each their own.
Which is why I only stack sovereigns 👍🏻
More than I thought too. 2000+ an ounce is nuts. I’ve just recently began getting invested in gold also. I want to buy but I’m waiting for it to dip a little to like 1800. I hope it does one day praying
2022 was an interesting year. The clue is in the comment.
I'd still prefer the silver
I like silver too. Im gonna keep it as a base of 6k and then just stack gold.
Eventually storage capacity becomes an issue with silver, but never with gold
Internet already has big storage capacity. Who say you need to have all the silver at once. What kind of emergeny need you to have $5,000 to buy bread and water.
For those not understanding: 1 ounce silver is around $30 today. 1 ounce gold is close to $2k
That's what's so interesting about it. For centuries gold traded against silver at roughly 20:1 The current ratio is significantly distorted from the historic norm.
In the future.... water and bread beats silver and gold.
True that, and Lead is King if you need to retain what's yours.
😮
That means everything would go full circle.
Game of thrones reference ? The midgets guard I think said that
Silver and gold can buy alot of water and bread..
As a silver collector, I hate the fact that those coins do not actually have a cover on them they should be protected
Protected from what?
I love taking 6-7 1 oz silver coins and just flipping them around in my hand
Yeah, and all of the scratches and dings really add to the resale value.
@@chadster7547 what's the difference if ur going off silver prices not going off coin value
@@chadster7547 lmfao 😂
@@chadster7547 1 once of silver is worth an ounce of silver no matter if it is scratched.
The only downside to silver is milk spots but at the end of the day silver is still silver and milk spots only matter to collectors not stackers
I'll take the gold
How many tons of silver has been mined compared to gold?
Silver - quantity
Gold - quality😂
Robert from rich dad poor dad says physical silver & gold is a must investment for the future. I have started accumulating with 1 or 2 silver coins every pay day iI receive monthly.
Because of this, right now silver would be the smartest buy for investing. It’s 90:1 and should be 20-25:1
Especially considering just how classy anything silver looks compared to a gold equivalent.
Will... We all know that gold is 59xs more valuable than silver...
Alway wesr a 24kt gold necklace...if you was ever in the need for cash .. 2k or more at a pawn shop for your 24kt Asian gold necklace better than 14k or a silver 2 oz necklace worth less than $100....
I keep trying to tell my Sons friends (24-25yrs old) to invest and buy silver and gold. I keep telling them how easy it is and once you get in the habit of buying some every paycheck, you won’t miss the money. That and you’ll never lose any money investing in it. Don’t expect to get rich over night though.
Current ratio of gold to silver is between 89 and 90 grams of silver to equal the value of one gram of gold. In 2016 it was 80:1; in 2011 it was only 31:1. I wonder why the big change over five years?
Oh, and through most of the previous thousand years, the ratio was around 12:1 (hence why there are twelve shillings to the similar sized pound in pre-decimal English money).
Buy bread with silver, buy bakery with gold.
Silver is about 20 bucks a gram where gold is usually around 50-60 or higher depending on the market. Thought everyone knew you need less gold than silver when counting like this.
Bro got that judas coins
That's a lot more silver than I'd have expected considering people saying it's closer to 3
Why the white gloves. Taco - puttin on the ritz 😅
Gold is north of $2k per ounce, while silver is having a hard day touching $25 per ounce. So, yeah, there’s gonna be a huge difference in the volume for a given dollar amount.
Gold is the money of kings
Silver is the money of gentleman
Barter is the money of peasants
But debt is the money of slaves.
Gold is good for storing wealth especially large amounts, silver is good for transacting, especially smaller quantities < $1000😊
I used to buy silver back in 2014/15 when it was at 14 bucks an oz. I refuse to pay 30 plus an oz for silver.
@@Spiderman-zw5su I'm kinda in the same boat now. Do I want to keep buying prices are so high from when I use to buy!
People who was saying that the silver wasn’t worth what it was. Don’t realise it. Silver value drops and then goes up on a different day so what you’re seeing today could’ve been different to what when this was recorded.
Except the value of gold is hyperinflated currently. So you should really have a lot more gold than that if we’re talking gold to silver ratio instead of gold/silver to USD. This is why it’s a much better investment to buy silver right now. Gold is extremely overpriced relative to the actual ratio of gold to silver available. (roughly 1:19) Yet gold costs almost 85 times as much!
I still prefer real 1:1 loading bars, when there's one
I think that for non professional investors silver could be easier to invest in, being cheaper and less used than gold for investment it would be easier to buy the real stuff. I just saw a lot of fake gold flooding the market these days
Nobody is going to "Make Change" for gold when you need to swap value for value as opposed to value for paper. Use silver for exchanges and gold for storage or transport.
Not gonna lie your “silver” coins sounded like the chocolate ones I eat at Christmas
Silver buys a wife who cooks and work. Gold buys a gold digger.
There’s a little bit more to this. You can sell gold really well to a jeweller, but you can sell silver just as well to electronics company.
Ratio is 80:1 which is crazy. US mint only produces ~30 million ounces a year. If we all bought 1 ounce, we'd eat up all supply.
This is why I prefer silver. Far more divisible than gold
You can almost carry the gold over borders, which will be much harder with silver. I would still choose Bitcoin tho :)
Only pure Silver can kill the Werewolf lmao 🤣
Everyone's saying storage is an issue when it comes to silver.
Storage is never an issue if you can dig a hole.
I thought he said "Grams" and I said "Dude, you're high!".😂😂😂
I was.....
Gold ❌
Silver ❌
Cookie dough ✅
Canadian or US?
I like silver for what ever reason but gold is just on another level
For now. The way silver is used in the future, oerhaps distant, maybe not so much, silver is going to skyrocket
Unless of course we find some huge unknown deposits which is likely. Or perhaps if we find a more efficient mode of recycling it and more people engage in doing so
Well I have to say watching someone proving a point with $5k worth of gold and $5k worth of silver when I don’t even have $20 to my name really put a cherry on top of a really awesome day.