How To Get Started With Gold
ฝัง
- เผยแพร่เมื่อ 30 ก.ค. 2024
- This video covers how to get started with gold. Whether you're starting from zero or already have a start, there are a few things to consider.
All the places I post in one easy list:
▸ 🔔 SUBSCRIBE: th-cam.com/users/2is1gold?sub_con...
▸ 📷 Follow on Instagram: / 2is1gold
▸ 💬 Discord invite: / discord
Helpful videos if you're looking for more information:
▸ Gold Coins 101: • Best Gold Coins - Ever...
▸ Storage: • How To Store Gold And ...
▸ Capsules: • The Best Coin Capsules...
Product links:
▸ Pelican Micro Case
amzn.to/3r6HtUd
▸ 32mm Direct-Fit Capsules (Fit 1 oz American Gold Eagles, Gold Buffalos, etc.)
amzn.to/38TpVE9
▸ 30mm Direct-Fit Capsules (Fit 1 oz Canadian Maple Leafs)
amzn.to/3pYmLoO
▸ 27mm Direct-Fit Capsules (Fit 1/2 oz American Gold Eagles, etc.)
amzn.to/3nVpfCq
▸ 22mm Direct-Fit Capsules (Fit 1/4 oz American Gold Eagles, etc.)
amzn.to/2LHteFN
▸ 16mm Direct-Fit Capsules (Fit 1/10 oz American Gold Eagles, etc.)
amzn.to/3roUzLy
▸ Theory11 Playing Cards
amzn.to/3ec9B4L
▸ Field Notes Notebooks
amzn.to/3myF3w6
I buy gold and other assets on a dollar cost average schedule and then buy more as price and interest allow. If you want to know more about buying gold coins, that is my primary focus here. I talk a bit about cryptocurrency, mining stocks and other equities as well. Cheers!
Disclaimers: I am not a financial planner. I'm just a guy on the internet, talking about precious metals. This is for entertainment only. Who isn't entertained looking at gold coins? As an Amazon Associate I may earn commissions from qualifying purchases. Any potential compensation I earn will not negatively affect your purchase. Thank you!
![อยู่ได้แล้ว - LIPTA feat. Mirrr [OFFICIAL MV]](http://i.ytimg.com/vi/-9-hpntNym4/mqdefault.jpg)
My crazy wife thinks I’m wasting money on “Those Coins”. She does not at all understand about the protecting our wealth theory, and has absolutely no interest in listening to, or learning about Gold (and Silver), so I just take it upon myself to continue to stack. To me, it has nothing to do with “collecting”, but instead it’s refocusing a misguided compulsion to collect, and taking advantage of the fact that I’m helping to preserve wealth for my son’s future. Regardless of how you get there, everyone should find their way to purchasing some Gold to insure your financial future.
During my stacking "career" I did have to sell a few times to get out of a financial bind. The "silver" lining in that was it taught my wife that stacking precious metals is actually savings and not just "buying gold". She now appreciates me buying precious metals because it appreciates in value but she still thinks stacking is a "guy" thing. Women don't always respond to logic. Your wife is not crazy but women are "hard wired" differently, generally speaking.
This might sound crazy, but people should try and incorporate their wives more. Hear me out, marriage is a complicated thing, that typically benefits the woman more so than the man. So unless you’re keeping your gold/silver a secret, from your wife(in some cases that might be viable) you should try to show your wife the value, and not just talk at her. This might involve selling when the going gets tough or if an important “want” comes from the wife. Showing her that trip to Cabo was just a year or two of staking away. She might just join you in your passion.
Please excuse the terrible grammar and sentence structure. I hope my point made it across ok.
My question is, when you retire. How do you cash out? You lose money selling it to a pawn shop
Why not small amounts of bullion?
never sell to a pawn shop.
I made loads of mistakes. I overbought at the detriment to keeping money aside for emergencies and I bought on credit when I had no money, paying that off each month.
We’ve all been beginners and hindsight is wonderful
I made A LOT of mistakes. First was not starting. I liked the idea of gold and silver in the late 90’s . Had I just started dollar cost averaging then, I would be killing it! However, no use in crying over spilt milk. Next was getting caught up in the frenzy. I chased it in 2010 and 2011 thinking it’s going to the moon. Then when it all came crashing down, I didn’t buy enough. I also got a little overzealous at the start of the pandemic, but caught myself quickly. Detaching myself from the fluctuations would have saved me from spending too much. In recent years I started dollar cost averaging in earnest. It has helped my averages tremendously. I track my averages closely now, and if I’m able to improve it, I may add a little more. Otherwise, I stick to regular dollar amounts, almost regardless of price. The only thing I watch more closely is premiums. If they’re too high, I won’t pay them. Like, right now, Eagle premiums are ridiculous. I’ll buy Maples or Britannias all day long, before I pay those crazy premiums. I’ve learned over time that while quality does matter, quantity matters more. Right now, I could buy 100 silver Britannias vs 82 Eagles. The gold is a little more reasonable, but fractional gets crazy, also. I could buy a 1/4 Britannia gold plus 3 silver Britannias, for the price of a 1/4 Eagle gold. In the short-term the buyback may help to have Eagles, but long term as prices rise and premiums change, the larger quantities are going to work hugely in your favor.
Buffalos and Eagles seem to be the go to….. but every once in awhile a foreign piece of gold will help you stay excited and motivated about stacking! Great video.
Agreed. I try to grab something I like now and then to keep it interesting too. Cheers!
I made some mistakes to start with. Bought more than I could afford and sold at a loss.
Interestingly gold eagles sell easier here in the UK as they seem to be harder to find And more expensive from dealers.
I love your videos and now I am stacking again, I am taking it slowly and buying small each month.
Another thing, this habbit is making me change the way I spend. If I skip the coffee at the train station each day I can but another 1/10th oz each month.
Keep the videos coming
Regional favorites are key for sure. Love that you have every single one of the American Liberties! Way to go!!
Hey Sal! It felt weird hunting down those Liberties (and overpaying each time) but I’m happy to have them all now! Cheers!
It takes an experienced stacker to take the calmer approach. This takes time through mistakes and accumulation. Although, I do find it interesting most beginner stackers have FOMO, which implies they are starting out after hearing someone tell them they NEED gold right NOW. I really like your video and think it's a must see for a new stacker. Well done.
Thank you, sir!
I also consider Roman gold coins to be a very interesting attraction - but so far have found the better condition ones to be very high in price. I already collect silver denarii - which are much more reasonably priced. Currently I am concentrating on trying to pick up an occasional English or colonial Spanish gold coin.
EDIT - As a note - today (3 days after my comment) I finally was able to add an AU Elagabalus Denarius to my collection. A base silver coin of probably the most maligned Roman emperor of all time. I still prefer gold - but the Roman faces on silver make me smile.
They're creeping into my field of vision too. 🤩
Ever since I started watching your channel and picking up those regular 1/4 ozt AGEs, Britannia’s and Mapple leaf’s, I’ve surprised myself of what I have accumulated in a short period of time. I’ve picked up extra when I could. Solid advice. Hitting my goals and saving for the future. Thanks for being one of the few level headed channels out there.
That’s great! It does add up quick!
Great video I truly learned alot for a person who as only invested in silver so far
Thanks for watching!
💯 the knowledge is priceless 👌 !
Thx. 2 is 1
Got my first two of 60 piece goal. Thanks so much for the info.
Nice!
Only advice I could drop here for newbies or even veterans and that It's a Marathon NOT a Sprint! Keep Hustlin
Let's try this again... I posted yesterday and it's gone.
Great vid. Good to get the refresh/reset topic going. Sure we can scroll back to earlier vids of yours, but that was a few thousand subscribers ago.
Looking at my stack since I have went the ¼oz a month route, I have found myself going between Phils, Maples, & Brittanias. Not by design, but by pricing. I am at 1 coin away each of completing an 1oz stack in ¼oz sizes. Once I do that maybe next (3oz a year) will be all ¼ Eagles.
It might be a bit boring though. I do like the variety, which is why I jumped on a ¼ Lunar Perth Tiger early on. Of course when money allows it, I am going to get a Buffalo.
Flying under the wifey radar is a very wise choice, though if you break out the "it's for our kid", it tends to keep things at bay. I'm sure there's hidden eye rolls that I am not privy to.
Stay gold Pony Boy!
The Eagles got boring for me eventually, but I stuck with it out for about eight years. I think eventual boredom is what led to me swapping most of them up to 1 oz coins. That gave it another layer of interest. I'm not above using the, "it's for the kids" excuse either, by the way! 😅
I’ve got very lucky with my gold purchasing meaning my gold has always done very well . Now my silver purchases not so much no I’m sitting on quite a bit. Once I get a chance I’ll sell off my silver and use those funds to buy gold . If silver ever go’s to 35 well that’s probably my time to switch or a 60:1 GSR
As for my gold purchasing I just buy each paycheck to put up as a savings account . Great video sir
Thanks! When you do swap out that silver, it'll feel good. The huge majority of people have nothing saved to swap. Good luck!
I think the most important rule when starting is that you buy by dollar cost averaging. Every month the same quantity, you choose. For me it's average 1/4 ozt per month.
I also look at the charts, most at 1week RSI and MACD. When price is undervalued, I buy 2-4x more that month. When RSI is high, I skip purchase.
Makes good sense!
And from a “learn from my own mistakes” perspective, it is interesting how easy it is to get caught up in the FOMO when prices are rising. Sales don’t seem to slow down, even attaining feverish status with inventory shortages. Just like ammo, right? When there is none to be found, people are lined up every morning waiting for the doors to open to see if they can snag that one box limit for a price 30% higher than it was last year. Same thing happens at LCSs, when the price of metals increases, the buying frenzy hits. I’ve been there. Now, I just watch, wait and position. It means no purchase for months sometimes. That’s tough and doesn’t make for good (or any) videos, ahem, but observing the historical trends and disciplining the purchases and sales makes for a healthy stack.
Now, it’s almost time to get rid of all that foreign gold! Hmmm, maybe it’s time for a video on what I have left. As always, good to see you my friend.
Hey, Vert! Ammo is a great analogy. Any sudden price hike and even the fear of scarcity translates directly into value for most people. Your current patience is always good to hear about because you're already at a certain level. If you're shuffling the stack up to change out the long term value I think that would be a great video. Make it so!!! 🤜🤛
I took a screenshot of your stack in one of your videos and made wallpaper on my phone as a motivator. Thank you for the support. Oh! By the way the wallpaper was the wife's idea. I thank her for the support every purchase.
New to the channel within about a month now, I’ve watched quite a few videos and truly appreciate your thorough explanation and thought process. You’ve mentioned eBay a few times in your videos, which of course led me there to see what’s out there, then when I came back to TH-cam, I came across a video titled “Never but good from eBay!” And the theory from it came from a client of his who owned a restaurant for 40 years, purchased gold every month, had well over a million in gold, his wife came down with a terminal illness, he went to go sell some gold to pay for the treatment and ended up finding out every piece of gold he owned was fake! He continued with the rest of the story but I’m sure you’ve been doing this long enough, you have your specific places you purchase from, but was/is that ever a fear of yours? Especially buying from a 3rd party like eBay? Do you somehow check every coin when it arrives to confirm it’s real? That story opened my eyes up pretty wide! Thanks again for all you do with your channel, it’s all very helpful!
Great video. Thanks!
✊
In my opinion, I buy in hopes of stacking tens of thousands of dollars worth of gold, with the intention of a down payment towards my first home. So far it has worked out better than saving fiat. Only thing is, is it not smart to be buying gold nuggets? Most of my gold is 0.5g- 2gram nuggets, some gold coins, and a few large nuggets (13g)
Should I continue to accumulate nuggets? Or start buying coins? My reason for nuggets are they are natural in appearance, and I can usually get more bang for my buck (13g nugget for $900, etc.) Thanks for ur time! Love ur channel
“Happy wife happy life” - your wife
Happy wife happy life~smartest man to live
Ha!
I love the box elder Sebenza. If you had to rebuy the same knife at the current price, would you do it?
My plan moving forward is to put a little every day. I get paid per job that I complete, and I complete about 10-25 per day, 5-6 days a week. If I simply take $1 from every job, then I would collect $10-25 per day that I would then use to purchase PM.
I enjoy your videos. They have been a great help to my getting started. Thank You Muchly. 🙂
That's great. Thanks for the note!
Thanks for sharing 😎🏖🏝
👍👍
Dude! We started stacking at about the same time! You have more gold than I, but I guess, if I wanted to, I could turn a lot of silver into gold. But, I'm a hoarder. 🤣🤣 I just hold the silver, buy a little more, and keep buying gold too. Hopefully someday, I get on your level. Then I'll want even more.
Thanks for all the info! Would you still recommend a 1/4oz a month with today's prices?
Good advice throughout. Yeah... dont cause any problems for Domestic Bliss. 😂
In the uk, sovereigns carry the lowest premium and are the most liquid. But I love Eagles and buy those for my enjoyment and sovereigns for weight
Thank you for all your time and the information that you have given on your channel. I am new to the PM world and have spent the last 5 years paying off all debt... no credit card bills, no house payment, no car/truck payments. After I paid off my pickup, I talked my wife into "letting" me take the money that was going to the payment and buy gold and silver with it. The first purchase I made were some silver coins from the Island Nation of Niue (Hawksbill Turtles). My wife has a thing for turtles, so I thought this would be an easy sell to get her onboard with PMs. She loved the coins until she saw the $2 stamped on them.... big mistake! My wife just could not get her head around the fact that I paid $28 for a $2 coin. I should have bought a generic round or bar - no face value. Thank you again for the information on your channel!
No debt has to feel fantastic! The face value is a smoke screen! 😄
@@2is1gold You are so right on the face value. I tried to tell my wife the same thing. Now once a month when I put in my order, she just shakes her head. One day she will understand...
I always love seeing your gold collection.
✊
Catching upon your videos… thoughts on Mexican Lipertads? Being in Texas, they are popular. Also, look good… silver is good, yet good gets pricey. Thoughts?
In my opinion and personal reality, the priorities are 1. Rent/mortgage paid, 2. Utilities and other critical bills paid, 3. Credit cards cleared when due, 4. Emergency Cash on Hand, 5. Stack. Good luck out there.
Thank you
Having your spouse/significant other's approval is critically important to have when investing money. That is a powerfully true statement that should be taken seriously.
I take it seriously, personally! 😄
How so ? What if your wife/gf doesn't have economic education and she is bad with money ? (maybe a victim of consumerism and spending too much) Would you still include a Liability into your CEO decision making?? Would you stay and educate her and/or manipulate her?? This is like USA having 2 Presidents.. you lack the 3rd vote and you don't own any real power.. The MAN should always have the economic decision in HIS HOUSE!
Hello 2 is 1,
I started stacking in summer of 2020 cronovirus year. I realised GOLD WEALTH PRESERVATION. I started watching your great videos. Helped me alot.
I have 16.38 Tolas 24k gold bars. Doing well. I only buy branded bars. My wife 100% support ❤ is there. I am planning to buy this month 2.5 Grams bar from my salary saving. My June month is my large purchase comes in. Rest of year fractional Gold bars only. Excited for 2022 I am planning to start New stacking for next 5 years 2022 till 2026. Let's see how it will go???
Best of luck to you!
Heh, interesting typo: cronovirus. Might aswell call it "chronovirus".
The 2015 high relief gold coin looks good. I will have to get one eventually. My advice would be to stick to a budget and set aside money each week/month for gold/silver.
Yeah, that's a good idea. Cheers!
In the past few months I have learned for every dollar spent on gold I spend on BTC or ETH - listing to you NOT wanting to mention crypto has made me want to get more involved and knowledgeable - best thing I could've done.
Keeping a well rounded ( no pun intended) portfolio - these 2 arrests are an amazing balance of safety and moderate risk ( cuz let's be real - inflation is much higher than advertised )
Thanks for all you do
That's great. I know (many) people don't like to hear about it, but it's hard to ignore the gains right now. Cheers!
It's proven that the central banks are all over the BIG 3 - I was always taught follow BIG BOY money sadly big boy money has slowly and gradually moved from gold ( to a point )
Nice copy of Dumas the ultimate revenge novel. The Spada treasure on Monte Crist was mostly in gold coins and bars as I recall. My memory doesn’t serve as well as it did so perhaps I’ll review the passage when Edmond finds it.
Three compartments divided the coffer. In the first, blazed piles of golden coin; in the second, were ranged bars of unpolished gold, which possessed nothing attractive save their value; in the third, Edmond grasped handfuls of diamonds, peals and rubies, which, sa they fell on one another, sounded like hail against glass.
Now that you mention this, a disproportionate number of my leatherbound books feature treasure in one way or another! 😅
@@2is1gold I'll bet you have a leather bound gold leaf Robert Louis Stevenson treasure as well. 🏴☠️
10oz silver bars and 1/4 oz gold coins is the sweet spot for this blue collar stacker.
Good price point!
Gorgeous sebenza 31!
Great vid. My first gold purchase was this year and was a 1oz Suisse Pamp lady. Bought it since it was on sale and sort of regret it now that I am working to fill a tube. Now I need to buy another 1 oz coin to complete that tube… Recently decided to work on a 1/4 oz tube so I can have some sense of accomplishment sooner than later.😀 I do appreciate your videos as they are just too logical. Other than two impulse buys since then I am sticking with buffalos, AGE, and Britannia‘s. Want the maple but do not prefer the size. Need to fill the darn tube! Patience.
Good luck on those tubes!!
I think you should do a video on sales tax on gold purchases. There are a couple important issues. 46 states now have some type of tax on gold purchases, and in some states that 6% to 8%. Sales tax is like an additional premium on purchases. It makes me wonder if the overhead for buying gold is becoming so high that stacking will go out of favor? The second issue that makes me crazy is that gold purchases are re-taxed every time they’re re-sold by a dealer. In other words I pay tax when I buy it. At some point down the road I’ll sell it back to a dealer. The dealer will then charge tax again when he/she re-sells it. And the tax probably continues to rise as the value of the gold rises (unlike buying and selling cars which have a diminishing value). I don’t see how states justify charging tax on an investment - unless they’re trying to discourage people from buying gold.
I forgot I had a third point. Do you think bars will become more popular than coins since most states don’t charge sales tax on bars?
Yep. Just picked up 1/4 oz . Super excited even with the typical premium of that size. Then i went to check out and was nailed with over 40 dollars tax
@@Harry-Sachs it makes me wonder if coins are going to fall out of favor and people will switch to bars which don’t have all the extra premium of sales tax?
Hi there! Thank you for sharing your experience. I learn a lot before I jump! As I would like to invest soon (long term), I remember that you said in one of your previous video that price above1800$ is a bit to high to purchase now. Would be reasonable to wait. But, gold price increases every day and seems to be high next summer. So, I wonder what would you advise for someone who wants to start now? Buy now or wait a bit?
Today's prices spiked from CPI numbers. My guess (and that's all it is) is that they will come down a bit next month. I'm personally holding to see what happens over the next two days (close of market). There's price resistance at $1,830. If the price is still above that at the end of the week, it could continue to climb. I'm personally holding out to see if it drops back below $1,800.
@@2is1gold Thank you so much for answering 👍🏼
the price you pay for gold that you are comfortable with has a lot to do with when you started buying. i started in the late 1960's early 1970's and bought gold coins from $35 to $95 a ounce. so paying $1800 a ounce for gold seems stupid at this time but if you do not trust the dollar and the gov't gold is cheap. the only thing i would add about your video is new buyers should buy ngc or pcgs slabbed gold coins only. over the years i have seen many fake gold coins and at auctions slabbed gold bullion coins bring the same as raw coins and do not get caught up in this ms70 or pr70 B.S. in a pinch or bad times gold is gold!!! like your video by the way!!!!
True, once you get used to a price you base everything on that context. Cheers!
The advice of buying slabbed coins only…No Freaking Way! Total waste of money. Most NEW bullion coins purchased directly from reputable online (or LCS’s) dealers can almost all be graded a 69 or 70. All you’re paying for is the plastic slab, and bring those coins to your LCS in a pinch, and you’re gonna find they don’t offer much more than a raw AGE.
You helped me save money as a new stacker with the Nationwide tip. I got my first ounce for $1765 a couple weeks ago. No tax or shipping or premium. 👀 It was even a new Type 2 when they had told me it would be random date. Thank you for the great information and education.
That’s fantastic!
Curious, how much did this latest Liberty coin set you back (or forward)?!?! The 2015 Liberty is a beauty!
It was $2,350. Right on the line between expensive and _too expensive_. 😄
Good advice, love your show
Thank you!
Good video for the newbies out there.
Thanks!
Can you make a video on the centenarios Mexican coins
Damn! I can only afford the 10th a month. Would be nice for the quarter. But I do trade up after a few months. That's how I got my first 1 ounce coin
Nice! Buying schedules are different, but anyone buying regularly sees the growth. Cheers!
I love this channel. Without a doubt it brings the most intelligent people in the genre.
Hey, thanks! The comments are jammed full of smart people. Cheers!
Question: when you say most liquid, does that mean most likely to recover your premium? Most likely to be able to sell for spot? Above spot? What exactly does that mean because won't there always be someone who would want to buy your gold at any discounted price?
PS great video and channel sir!
The easiest to sell at spot or greater. I doubt there is any gold you couldn’t sell if you were willing to discount it heavily enough, but that’s a different approach. I have had dealers decline to buy certain coins from me in the past. I’ve never had anyone not interested in Eagles. Cheers!
@@2is1gold Gotcha, thanks for clarifying, much appreciated!
Can you tell me why it costs more to buy a 2021 1/4oz. American Gold Eagle Coin BU (priced at $654.20) than it is to buy a 2019 1/4oz. Gold American Eagle Coin BU (priced at $520.98)? Does it make a bit of a difference when you go and sell? Looks like buying based on year matters? But in a few years, the 2021 coin will be where 2019 is at now in terms of pricing, right? All coins will eventually be ‘older’ over time.
I also noticed the 2022 AGE BU type 2 is cheaper than then the Type 1. Is it because the demand for Type 1 is more? Again, when going to sell, will it matter? Thank you.
It doesn't matter at all on a sale. You'll find price deviations like that at online dealer sites only because of their inventory levels. It's just supply and demand for each dealer. Cheers!
Question what do you mean when you say gold was moving side to side I'm curious on that thank you
Trading sideways just means it’s not gaining or losing. Cheers!
Thanks for sharing your very meaningful perspective, I honestly enjoy your content.
Hey, thanks!
special permission! ha! I hear you
😄
Hi, prices went up like crazy here it crossed the €1700 per Troy ounce. I bought the first coin for €1532 and that was beginning 2021 or close end of 2020. Do you see a €2000 per Troy ounce coming? Have a great day thanks again for the video
That book is my all time fav. Think I have to read it, again. Thanks 2 is 1 😩😂!!
Another great vid. What’s with the resistance to buy right now anyway? Is gold high? Maybe crypto is holding gold hostage?
Who knows it could be the same resistance that people feel towards buying high stock price is right now………
It's one of mine too. I'm rereading it now. Gold is at a local high. It jumped up about 4.5%. November is always a weird time to me. I have to buy early, otherwise I feel like I should be shopping for holiday gifts instead! 😄
Hi just found you been curious. About silver and gold
i joined but still do not have permission to view. does it have to be approved first? just curious.
Yep, you're set up now, though. Cheers!
maybe a vid just on just high relief coins, the risk/reward aspect of them. I see people get them graded and sell for a profit
You mentioned roman coins…are you talking about gold Aureus and silver Denarius? I’ve considered them down the line as well. I just love the history.
That’s what I’ve been looking at. I don’t know enough about them to jump in yet, though.
That Sebenza is gorgeous
Thanks! I love just about everything CRK does, but this particular inlay is really nice.
@@2is1gold that’s by far my favorite inlay. I’ve been on the lookout for that model in the right handed version. They’re hard to find
Your videos are very professional! Thank you for always giving me some “food for thought.”
Hey, thanks, and thanks for watching!
Do a video of your full collection!
Omg yeah! I’m literally imagining a pirate’s treasure chest spilling over with these beauties right now lol 😂
It seems like anything I do in that vein that always becomes a honey pot for bad things, unfortunately.
My advice: Slow and steady wins the race when it comes to paying down debt, investing and stacking gold! Just keep at it! 😄
Good advice!
its quite good and second only to large windfalls rapidly converted into bullion.
It’s great advice. I’m in finance and I’ve seen many people build wealth relatively quickly (10 years and less) simply by automating their savings and investing. It really adds up.
Hi, 2. I decided to start a date collection of 1/10 oz BU & Proof Type2 AGEs this year. I just pre-ordered the 2022 BU coin. It and a Silver Eagle start my collecting needs for 2022. I would encourage new collectors and stackers to put together date collections. *TYU*
I like the idea of completing something (a never-ending something in this case) to stay interested. Cheers!
Amen!
OMan that “uterus radar” (Rosanne Barr) is scary. Isn’t “happy wife, happy wife” an Al Bundy quote? I think that’s the first time I heard it.
I just got my double eagle UHR amazing coin $175 over spot!! And BTW I think I stated this before where I am all gold bullion is HIGHLY liquid not sure what your experiencing. Thanks for the videos my friend!
That’s fantastic!
If I could restart, I would focus on US coins as well. Less focus on variety and more focus on US gold and silver coins. I'm trading a few of my non-US gold for US gold at the moment, focusing on proof and limited mintage US stuff.
Nice. You should cover it in a video!
If you got savings and want to buy gold is it wise to purchase in one go or a bit at a time?
I think it's best to spread it out, personally.
@@2is1gold I thought you'd say that thanks 👍
Been working on my stack for over a year now and will have an oz soon….. slow and steady, slow and steady……
Nice!
My first mistake in buying gold was not realizing that premiums were higher on smaller coins and you don`t get that money back. I will only buy 1 oz American buffalos or eagles now.
Yeah, that's a tough one. It has gotten crazy since about March of 2020.
Yes mike 1 oz coins are a better buy for sure ‘but’ not everyone can buy/ pay for a whole oz at a time, so for me its what ever i can get when i can 1/2 oz 4 9s 5 grams 1-10 oz cuz ya gotta get ya some silver too 😁👍
And the 1/4 oz of course almost forgot about that 😂
@@brianfox9069 Yea whatever works for you. My first ever gold purchase was 10 1/10 gold eagles. I am lucky I only made that mistake once.
@@brianfox9069 6
The cheapest 1 oz gold eagle I've ever bought was in Dubai. Premium was = bars surprisingly.
Wow, nice!
Mr 2 is 1 , can you buy directly from the US Mint ??
Only high premium collectible stuff.
What do you think of pre-33 gold coins?
Looking at history - those are considered collectible and not part of the gold confiscation. However, TPTB can change the rules....and often do......anytime they want. I think iT should be part of anyone's stack.
Cheers
🍻
We always admire the beauty of your of your videos.. the Gold coins against the props.. perfection!
Thank you!
Have you checked out 7K Metals?
Well as you know in other comments I did say I’m a prepper so I prepped all the things you need as a prepper.
Though I decided to get all my gold and silver all at once , instead of here and there. .
Well to make long story short , the Feds came knocking wanted to know what I was doing with all that gold and silver . Plus then wanted to know why I had bought guns and ammo etc through the years and so forth .
Apparently they where already watching me but the gold and silver topped it off. .
Talk about men in black 😂
But I basically said I’m a prepper and just getting ready for the collapse. They tried to get me to talk more but I just said just watch TH-cam vids about prepping ,homesteading ,gold and silver
So we will see.
It was crazy
I buy it for my 4 year old grandson. I buy him some every month as a gift that way no inheritance tax when he gets it. It’s his gold. every month I give him a gift I just keep it in my safe for him so he cannot touch it until he’s old enough to know what to do with it
That’s really great. Lucky kid. Cheers!
Wait- That didn’t feel like a joke. Are there actually Black Friday sales on coins(I’m new to the game)😳?
There are at online dealers.
I started in august when I did the math. I’d had a fair amount of cash an account for about 13 years doing nothing. Watching these videos, I realized the amount of purchasing power I’d lost, keeping it in cash, and have spent the last few months converting it over to gold. For me, it’s more about keeping the governments hand out of my pocket than trying to “make” money. I’ve come a very long way in the last 3 months and continue to feel better about my decision daily. Thanks for the help!
That’s great!
... oh the mistakes. Well, what's life without a few "... oh no. Not like THIS" moments. It's what makes us better.
Truth 🤜🤛
Thankfully my wife is on board, but like you said...happy wife, happy life!
Yep!
👍👍
👍
I have been buying 10th ounces lately, But it is property tax season.
What’s funny is that as far as coins are concerned, old European coins are what I started off with …..but only because that’s what I was given by my older family members when I was small.
I recently bought some philharmonic fractionals but I’m thinking of welding them together into a cuff bracelet lol
I think a lot of people probably start off interested in old European gold. The price is compelling!
I think I need 1 more oz for the year, even though I'm 2 oz's over my goal.🤣🤣
N + 1 😅
@@2is1gold 😁
Hi, Pud. I think you need two more oz. Keep it even, so you don't tip over. *TYU*
@@donaldinnewmexico Then 2 it is.😉😉
Better now than never but I wouldn't want to start from zero today that's for sure.
Starting over would suck, but I'd do it again too. Cheers!
Thinking about selling my house in California (with a mortgage) and buying house with 2/3 of the proceeds elsewhere (no more mortgage).
Thoughts?
You aren't alone in that. Just ask a Texan. The Great Migration is real. 😄 It's such a personal thing, though. You really have to think through what makes you happy. Good luck!
@@2is1gold - I’ve become debt adverse frankly. So getting rid of a mortgage is my primary objective. I fully understand now that it isn’t how much you make but how much you save. One can never be free if they are a slave to debt.
Is it my imagination or my eyes but the color of the buffalos looks more yellow than the other coins as I look at your coins?
The Buffalos are more yellow than Eagles, but the High Relief Liberty coins just reflect light differently since they're nearly proof-like and domed (concave).
i wonder if we'll see an increase in precious metals as a trade medium if people come to distrust fiat currency
Cool gold coins. Where can I buy some? I want to start collecting.
Check for local coin shops. There are lots of good online dealers too. JM Bullion, APMEX, BullionExchanges, etc. Cheers!
@@2is1gold Thank You.
Are those 21k or 24k?
Eagles are 22k. The rest are 24k.
I keep my ‘mistake’ early buys as a reminder of where I started
That's probably a good plan. I've rotated mine out.