All the things you said about gold can be same for silver at the end of the day their both a risk the way i see it is gold has always been valued higher than silver both a store of wealth for over 5000 years the main reason ive stated buying gold is no 20% tax on it
I would say that rather than small fractional buy larger in the case of sovereigns and Britannia’s. Four quarter oz sovereigns will have a higher premium than one full sovereign. Downside with larger gold coins is less people can afford them so may be difficult selling on later. If you just want to stack and get most gold for your money then avoid proofs and graded which are collectibles and generally have a much higher premium. If gold for sale on social media looks to good to be true then it probably is.
The exorbitant tax some folks pay is a crime. I considered liquidity reasons to practice getting fractional gold, in spite of premiums. Time flies, and years later, I think that my strategy worked out to my benefit. Not that I would consider trading any PMs for any fiat toilet paper, I DO see that the price of an ounce of gold is a big bite out of somebody's wallet. Awesome video, subject matter, and video production. TY for sharing.
Thanks for watching everyone!
Thanks for the video Josh 😊✌🏻
Thanks Georgie 😊
All the things you said about gold can be same for silver at the end of the day their both a risk the way i see it is gold has always been valued higher than silver both a store of wealth for over 5000 years the main reason ive stated buying gold is no 20% tax on it
Absolutely, I’m a fan of both but gold has a slight edge for sure
Some really good points very well articulated
Thank you seven
I would say that rather than small fractional buy larger in the case of sovereigns and Britannia’s. Four quarter oz sovereigns will have a higher premium than one full sovereign. Downside with larger gold coins is less people can afford them so may be difficult selling on later.
If you just want to stack and get most gold for your money then avoid proofs and graded which are collectibles and generally have a much higher premium.
If gold for sale on social media looks to good to be true then it probably is.
Great points
The exorbitant tax some folks pay is a crime.
I considered liquidity reasons to practice getting fractional gold, in spite of premiums.
Time flies, and years later, I think that my strategy worked out to my benefit.
Not that I would consider trading any PMs for any fiat toilet paper, I DO see that the price of an ounce of gold is a big bite out of somebody's wallet.
Awesome video, subject matter, and video production. TY for sharing.
Thanks for sharing the risks!
Improved audio on this video over your older ones. 🗣️👍🏻
@@theenglishprofessor8411 thank you kindly, I’ve been focusing on improving the audio so I’m pleased on the feedback