I have been stacking since 2008, just an ounce every so often. I met my wife-to-be in 2011. I found out she had also bought gold for the same reason as me. This mindset has kept us together through marriage and two kids. We bought and sold an overpriced house, converted much of the earnings into gold, and bought a smaller house, and have our gold (and some silver) to pass down to our children. Our children receive a gold or silver coin in their stocking every Christmas. If I had to start over, I think I would do the same thing.
As a person who could not save more than $300 without spending all of it, silver has helped me save where I could not. Now its just a battle to maintain the purchases, and not be side tracked to the next cool looking thing.
It's really good that you found something that is valuable, lasts, and is a great store of value for your savings. I look at in that way too. I never had any trouble saving, as that was ingrained in me by my depression era Mom. She was among those who suffered terribly from the 1930s depression, so knew a lot about how to manage any money that she had. She was a ferocious saver and a miserly spender. She passed that on to me, so I've always lived below my means, saved the rest, and became a pretty fair investor. Thanks to all that, I was able to see that earning a good amount was great but finding a way to protect that wealth from the thief of inflation was also important. 2008 was my Wake Up call. Shortly after that I started buying some silver, very slowly at first and eventually 250-300 ozs. at a time. 10 years ago, I started buying some gold. Man, I wish that I had bought more of that $1100-$1200 an oz. gold! lol But I didn't have lots of free cash available, so started slowly and ramped it up as I could. It's been an interesting journey and, hopefully, a very worthwhile one. I like silver a lot but am waiting for the GSR to fall to 40:1 or lower so I can trade about 2/3 of my stack for gold. I'll try to do that in stages of 10% of the silver stack, so if the GSR drops further, I can follow it down and get more gold for the trades. If it moves higher, then I will be happy with what I have at that point. I don't stack silver anymore unless I can find a really good deal on something that I really like... like high quality Morgans, 1964 Kennedy halves, and proof statehood quarters from the early 2000s. Such opportunities are rare but they do happen from time to time. I have a cash stack just in case something comes along that looks good to me. Meanwhile, I buy a few ounces of gold every quarter, more on the dips, and am hoping to reach my gold stacking goal sometime in late 2024 or out to mid-2025.
Absolutely understand where you are coming from. I buy very small amounts of silver because here in the U.K. it’s subject to 20% sales tax although the secondary market prices are reflective of this too. But for example this Christmas I had only £300 so I bought a half sovereign and spent £100 on Silver coins.
I bought a kilo as 10 100g pamp bars from apmex in 2009 in the high 900s. I sold them all back within a few months after it hit 1000. Probably if I had it to do over again I'd have buried them
I've been stacking silver for a couple of years and will be making my first gold purchases starting next week. 1/4oz Maples sound like the way to kick this journey off. Thanks, and Happy New Year! 🥳
@@jkly495 Agree that gold is concentrated wealth. That makes it portable and easy to grab and go in an emergency situation. I've bought gold and silver at high, low, and in between prices, so probably have a decent average price. I'm OK with that. I know that one cannot always buy at a low and sell at a top, so try to keep what I pay for PMs to a practical medium. I tend to buy more when PM prices are down and less when they are high. My usual buys are from 2-5 ozs., so when prices are high, I will buy 1-2 ounces and when they are low I will buy 4-5 ozs. In a real pinch I will pick up some 1/4 and 1/2 oz. gold coins. My stack is all in Maples, AGEs, and some Britannias... probably in about a 60-30-10 mixture by ounces. This is not great variety but it is the ounces that keep me interested and not what's stamped on the coins.
Great video, I recently started buying gold/silver again. After selling a large amount to help fund my restaurant. I've been purchasing mostly pre 33 gold $10 and $20 since the premiums seem to have dropped.
Fractional gold premiums are going to get outrageously high as spot goes higher. Fewer people will be able to afford larger weights, so fractional will be in greater demand. Save for the full oz or larger sizes if you can.
Absolutely and the sole reason I mostly buy quarter and one tenth ounce Britannia's. Filling tubes steadily over the years and trying to find the lowest premiums and with no need to liquidlise them any time soon. I do occasionally buy something that takes my famcy but that's rare and pure indulgence and I don't worry too much about the returns. I do love the US coins but they don't sell as well in the UK and the premiums can be eye watering.
@@rjim1 Most eye watering in the UK PMs area is the VAT on silver... but not on gold. Doing that makes it pretty clear that those in charge buy gold and not silver, so they don't care if silver is heavily taxed. 😕
@@edb3877 indeed, VAT on silver and platinum in the UK is borderline criminal in my opinion but the peer to peer market isn't too horrendous as any online "dealers" who are VAT registered can buy in bulk, get their 20% tax back and then charge a small margin to the buyers. It's not ideal but it's better than nothing. As you probably know, the price comparison with official dealers is substantial to say the least and that keeps a thriving market going on Facebook and the like. My metal portfolio is far under 10% in the silver coloured metals anyway and that percentage is only decreasing as time goes by but I do have a soft spot for silver and platinum and will happily grab some bargains and sought after bits when I see them. I do also think that platinum will probably be a good medium to long term investment and having some beautiful numismatic pieces doesn't hurt either. This is what I tell my wife anyway! 😁
If I was starting today I'd stick to one ounce coins primarily because you generally can't beat the premium. For fractional I'd buy Brits or possibly Maples since that's the home town coin for me. I did a lot more waiting this year than buying which was a change for me. I was fortunate that I pulled the trigger pretty much at the bottom of the market twice in 2023. I've been doing this for a while so I'm pretty well positioned with metals so while I plan to continue buying I'm not going to feel compelled to buy when prices are high. Instead I'm hoping for a bit of a low key run up in gold prices this year. Thanks!
I haven't bought any $5 or $10 liberty heads in 10+ years but those never got sold because they seemed so cool. even now it looks like you get the $10s within 10% of spot
Personally I look at it as savings for a personal emergency to help my family restart. So I keep it simple, Maples and Buffalos. If you are buying, it needs to be done thoughtfully and not out of fear . Wishing you and your family (and everyone who watches your channel) a Happy New Year.
2024 is the year to get 24k gold! I got 4x 1/10oz gold currently. My last gold purchase was a 1/10oz at Maple at 210 vs. Eagle at 260. I just needed to up my gold weight.
I will continue to buy 1 1/10oz gold eagle every month, no matter what the price is. If my budget gets better, I’ll stack more eagles, 1 oz to 1/4 oz. 🇺🇸
As a U.S. gold stacker I am buying 1 oz AGEs and Buffaloes and have an amount of 1/10 oz AGEs from about 5 years ago. I would also buy 1 oz. Maple Leafs if the buy/sell spread favors the ML over the U.S. gold by more than 1%. Also, if I can net out well under what dealers pay for 1 oz bars I have purchased a small amount of the Costco bars since July. I generally DCA each month but may delay or up buys by 2X depending on the spot pricing trend.
I’m going to continue to stack gold and silver. I’ve said this on a previous post but my finances have changed and now I can but 10gram bars a month. I’ve been stacking silver since 2017 at $13-$15 oz. I got my first monster box in 2019. I started stacking gold in 2018 at about $1,200 oz. I stated buying 5 gram bars in 2020. My finances allows me to buy a 5gram bar each month a year to acquire 2 ounces a year buying 5 gram bars a month. It takes 31.103 grams of gold to equal 1oz of gold. I started buying 10gram bars in August 2023. Starting January 2024 I’m going to start buying 10gram bars each month a year to acquire 4oz to end the year.
Many years ago I had the good fortune to own a 10 oz Pamp Suisse Fortuna bar. God it was pretty ! That was back when spot was under $1000 so that whole bar was about ten grand in value. A LOT of money at the time, esp for someone like me who didn't have much extra cash. Reason I'm writing the comment is that when I went to sell it, local coin shops weren't interested because it was so much money and then they would have to find someone who wanted that special / expensive bar. I ended up selling to one of the online shops, who didn't value it too high :( Moral of the story is like 2is1 said, think about who is going to want to buy it when you go to sell. Numismatics or high relief or big bars may seem cool but there is not a huge market for them. You'll never go wrong with 1 oz Eagles or Maples, as well as most of the other main 1 oz coins and bars. There's always a market for fractionals too, because the price is a few hundred bucks as compared to a few thousand. Problem with fractionals is the premium you pay when you buy - will you get that back when you sell ? Maybe not.
Love the channel. UK based. Just started my gold journey at 23 by buying my first coin a few days ago. I bought a 2022 Jubilee Sovereign at a pretty high premium. My thoughts behind buying this is that I believe this coin, long term, will increase its premium given the fact that it was the last Jubilee year of Queen Elizabeth as well as being the last year of her life itself. Also, I was previously planning to get the 1/4 ounce Britannia 2022 coin, but it is sold out. Perhaps people also had the same idea of it having a high demand in the future. Nevertheless, my next coins to follow will be much nearer to spot price.
I love your guidelines. I also have a 1 ounce target per month so constant thinking on how to do this. Bought a Lunar 1oz and love it. Took your advice, zo thx again.
Currently the Philharmonic’s and King Charles 2023 are the lowest priced”four 9’s I can find. We had a writers strike last summer which shut down studio work for quite awhile. Very thankful I had put coins aside for that. I still remember that podcast you talked about selling a couple coins in retirement to keep things comfortable. Great plan . I’ll be getting full retirement SS soon but still working so I plan to buy with that check so when the day comes I do stop there is that stack to help. Thanks for the advice!💪
Augmenting my retirement income and making sure that I have something that can cover the property taxes are my main goals for gold stacking. Anything left over will be available to the kids and grand kids.
Its good info on percentages... buying regularly an DCAing is a good message. Ppl will end up with quite alot of their net worth in gold by buying regularly. Certainly more than the recommended.
Best option is to buy cheapest % premium coins like silver malpe leafs. Then see how many money does the glounce of gold costs. Then sell equivalent silver you got and buy gold coin
I’m thinking strongly about exclusively buying gold in 2024. 2023 was a bad year and I had to sell my complete silver stack in July (300 oz.). When I got back on my feet in mid September, I’ve been able to accumulate roughly 45 ounces of silver but it’s not the same.
I only buy the .999 or better. Maples and Brits are my fav for bullion. Then the lunar from Perth for the cool coins at a premium. Queen’s Beasts are also cool but expensive now.
Theoretically if I were to start over it would be buffs and eagles only. Realistically I own way too many collector coins and high premium gold, and to my chagrin, jewelry.
@@2is1gold It is interesting that the more basic an investing plan is, the more likely it is to succeed. Using DCA, for example, is pretty basic, yet tends to work well. Diversification is also pretty simple and also works well. Regularly saving cash, regularly investing, and spending carefully also work well.
Thanks for the video. I’ve been buying AG/AU since 2003. All 1oz eagles and Kruger’s. I prefer eagles but Kruges have no sales tax in Nevada. If I were to do it again I would spread it out more and go heavier into stock market. I wish I had never bought mining stocks.
I really like quotations and have saved a lot of the really good ones in a computer file for reference. Mark Twain was one of my favorites. He once wrote that, "A gold mine is a hole in the ground with a liar at the top." From that I assumed that Mr. Twain once invested in a gold mine that went bust. lol Anyway, while I do invest in stocks, mutual funds, and ETFs, I haven't ever bought a mining stock of any kind. It's not that one can't make money there, it's just that one needs to know a LOT about the mining industry, the people in it, and the governments of the countries where the mines are located. IMO, mining shares embody the worst features of stocks and PMs, so are not something in which I would invest money. I'd far rather hold the physical metal than the shares. I could see speculating in some mining shares with a small portion of my investable wealth but that would be about it. A safer way to do this might be to buy a mining ETF or mutual fund. While this would cap the potential gains, it also would cap the potential losses to something more manageable.
Why do eagles have a tax but krugs do not? Very odd. When I visited NV earlier this year, I made a large ish purchase because of no tax which was nice.
I started buying metals this year and your advice has been sober and wise, I thank you for that. I have been mixing in some platinum maples and volatility aside looks like a good purchase. I know you don't seem keen on platinum but would be curious to your thoughts on platinum. Great channel thanks for the content.
If I knew then what I know now, I would of started by stacking 5 and 10 oz generic silver and gold bars because they have less costly premiums compared to fractional metals like grams and 1/2 oz etc. If you bought grams of gold that equaled 1 oz. within one year of stacking all that and compared to just buying one whole ounce of gold, it does show a difference in premium costs between the two.
IMO ladies & Gents don’t be shy to buy & don’t get stuck waiting for prices to drop looks like $2k + is the new norm and from there only going up happy gold buying …
I was fortunate to do almost all of my stacking from 2014-2019 when prices bottomed. I don't have any regrets with any gold purchases but I do have regrets with silver. When I started stacking, I was premium adverse. I wanted as much as possible with the lowest premiums. I bought 100 oz bars rather than paying $2 more per ounce for Eagles. Today, I regret that decision.
I have been stacking sliver primarily this year because i just actually started stacking. I did buy a few 1/10oz coins in gold when i dipped around October just to have some gold, but at this point I am only interested in buying 1oz coins either Eagles, Buffalos, or Maples and i want to get them as a means of diversity in my savings, not because i think they will shoot to the moon but primarily because i believe they will hold my purchasing power in tack better than my cash with is guarantee to get hit by inflation. At least with the gold, it may go down a little, but it also could go up an hedge against inflation robbbing my cash holdings purchasing power.
Thank you for the stacking update. I began doing AGE and Buffalo but switched to maples because premiums seem too high with spot being higher. Glad to hear vote of confidence that you would have maples and Britannia fractional now
Thinking in terms of "percentage of portfolio" or in terms of "how much gold will I need in an emergency" are both legitimate ways of thinking. They're both legitimate strategies. I would just understand each strategy, how it works, the logic behind it, and choose which method is better for me. You can also do some combination of both.
" I would just understand each strategy, how it works, the logic behind it, and choose which method is better for me. You can also do some combination of both." I like this approach in general but the combo looks like a great way to hedge the risks inherent in both stocks and PMs. I have stocks, ETFs, and mutual funds for growth of capital and PMs as the insurance for those paper investments. Both have their function and the combo seems to work pretty well, having done it for the past decade.
I’m late to the game and started stacking silver and gold. I’m buying 20 ounces of silver American Eagles, a month, gold backs, and fractional, gold coins, and eventually 1 ce. Mainly American Eagles. I still don’t understand the reason of having a diversified different sovereign coins in one stack. It’s not like I’m gonna go move to Australia or Canada. I don’t see myself doing that.
I have mostly 1oz gold 🍁 as for the rest, 1oz bars, double eagles, half eagles, Krugerands, Britanias, then I have indian head gold, 2.50, 5 dollar, ten dollar, and Russian gold rubles and Cdn Centenial 20 dollar gold pieces.
It looks like we will come off the "right shoulder" just in time to meet up with the winter doldrum, so I believe we will have a slip back down to the low/mid 1900's right around mid-Feb again. But, after it recovers from that dip, I do believe the >$2K prices are here to stay and will likely accelerate, kinda like the DOW back in the day constantly flirting & dancing around that 10K mark, but once it really broke the ceiling, it was off to the races. With all of the inflation, I think we're due for another massive overreactive catch-up like from '77 to '79 and from '03 to '11, then the customary pullback after the overcorrection.... I'm thinking $2500-$2700 after the dust settles in a few years.
Great video, as always! I am the odd one that maples and Buffalo's are my tubes for the most part. 1/2 oz age are the ones i am trying to fill the tube now when price makes sense. Lobe the lunar series and have a few....ok, really jealous of your set lol. I slacked a few times and did not pull the trigger and regret does set it. God bless you and your family and a prospectus 24.
I’m at the point where I only buy on special deals. I’ve really got some great deals on 1/4 oz Britannias. I’ve had six 1/4 oz ML I bought before the premium shot up on those. Pure luck
I’ve got 70% RCM minted silver coins. And 76% RCM minted gold. All the rest is US minted or bar stock. If had a do over I would stick to US minted coins only.
I am in the UK so...1 sovreign (8 gr each) every month or 1 Oz Britt at every 4 months. Possibly could go for 1/4 Queen Beasts as they come with huge premium but they do trend to hold that premium over the years...🤷♂️
This is a question for you specifically if gold keeps going up will you change your percentage on when you buy. I'm in this for the Long Haul knowing that the government will Collapse by 2051. I've done a lot of math in my day enough to know that things are not working even at this point . If it keeps going on in an upward Trend I might drop that 10% marker line down to eight. But if it keeps going up more parabolically I might have to do it on a 5% dip. The only way it stops for me is if it really goes to the moon and at that point I'll just say it's not obtainable to buy anymore and just ride the momentum till the end
I’d pretty much do what I’ve done. I’d buy 1oz Buffalos or Eagles whenever funds permitted, and once I hit a critical mass of bullion coins, I would switch to AU/BU Pre33 Double Eagles, and sprinkle in some fun pieces in between (ancient gold, foreign gold, etc).
Look! If you have $2100 to invest in silver or gold, go for the gold! For that amount of of money, you can buy about Canadian Maples 1 ounce silver coins, but $400 of that amount will go premiums. On the other hand, you can buy 1 gold Maple Leaf 1 ounce coin of equal value and only pay $60 in premium. To sell your $2100 in silver, you will be lucky to get spot or a buck under so you are looking at $1600 to $1700 from your dealer. On the other hand, your single gold coin will get you at least $2000.
I never ave used it as a investment but I've turned 20 to 30 % on everything so far and started this time at 1280 I wouldn't change nothing I buy what I like if it gets old I sell it otherwise I'll give it to my children for fun, and I'm adjusting my budget down cuz it gets 2 b alot
I just started stacking with a 1987 Panda. I liked the low premium, unique design for the year and it's .9999 purity. I think I'll stay with the 24 carat coins going forward. Your $500/mo example is realistic for many people I bet.
Would you recommend a more steady, monthly buy in smaller coin amounts at higher premiums or more of a "save for a bigger coin every few months", approach?
I would definitely keep my regular buying routine. Agree I would turn away from the 1/4 oz AGE for a cheaper alternative and stick with the 1 oz buffalos, eagles and maples.
Hi, all your videos are very good but I would like to ask you a question. Where do you buy your coins and what link do you recommend or what pages for purchases? thank you so much.
Monument Metals will typically beat SD Bullion by a small amount for standard bullion purchases. SD Bullion has better prices on Pre-33 gold though. Between these two sites you have most needs covered. Occasionally JM Bullion or Apmex for something hard to find, but you will pay for it.
I noticed you used to have them in capsules but stopped at some point. Since i may have missed the explanation video can you tell me why you switched and are now ok with touching them and stacking them together? In your coin capsule video you were very adamant that thier condition really mattered to you so im curious what chsnged. Thx!
It depends on a few things. I kept buffalos in capsules until I had enough to fill a tube. A mint tube keeps them pretty immobilized. Maples I keep in capsules because it’s easier to mar them. Any semi numismatic coin I keep in a capsule at all times. Eagles don’t get beat up easily so I’ve never really kept them in capsules. Filming them changes things up a bit. I end up handling them a lot more, so at first I left them in capsules as I was handling them in case I fumbled them since I’m holding them on the other side of a camera. They just look nicer on camera out of the capsule, though, and it’s more likely I’ll damage them constantly getting them in and out of capsules. I’ve never been concerned about handling them directly though. Only about accidentally dropping one. Cheers!
Always superb advice and without trying to sound overly hyperbolic this channel helped me more than I can articulate! I literally went from being financially iliterate and irresponsible with money to focusing on investing and planning for my family's future. I'm so gratefulI I found this content years ago as it lit a fire in me that has and will continue to benefit myself and my family for decades to come. Cheers! 😊
Hi and thank you for sharing your thoughts, knowledge and good advice. What I’d like to know please, is if the two inverted head and shoulder formations in the TA charts affect your purchasing and if so how? (YY-MM-DD) 1 - the larger one from 20 08 03 to 23 12 04 & 2 - 23 08 23 to December 2023. Best regards. Richard.
I kinda feel like I did start over. A year ago, "being out of silver" meant I had 500 oz set aside and just wasn't buying any more. Now, it means I have five tubes of ASEs. Silver was converted to gold, and gold was consolidated around one tube for 1/4 oz Gold Eagles and two tubes for one oz Gold Maples (which were already the base of my gold stack). These tubes should be finished off by the end of 2024...and along with two tubes of ASEs, they fit nicely in a Pelican M40. Buffalos are on deck for 2025...and maybe 1/4 oz Britanias.
Smart move not getting into what percentage of your portfolio should be gold (or silver) in the same video. Look folks, if you're new to this topic, ANY gold and/or silver is better than having NO gold or silver. The idea here is just to start now and buy what you can afford consistently.
As a person who hasnt purchased gold since 2007 and i havent really looked at what the prices were then, if i remember during that time maybe silver got to 18 an oz, gold was kind of like 950 an oz and platinum was like 2100 haha, it was around the time they minted the platinum eagle, i had maybe 45 oz silver, and a half oz in the form of 2 quarter oz gold eagles, and i really couldnt pull the trigger on platinum back then, but i have thought about a quarter platinum eagle just to have the design to hold and look at haha, i had to sell my small stack back then due to fuck im poor situations, and i only started stacking again like 6 months again, but just silver for now, im thinking of going for a half oz in like 3 months, gold that is
I wouldn’t change my gold purchasing regimen. My mainstay gold stacking is AGEs, AGBs, and common date VF to AU pre-33. I’ve never purchased super high premium bullion like the high relief proofs. I’ve purchased some moderately high premium slabbed numismatics because I try to collect $10 Liberty Head Eagles. 1892-S MS62 would be a good example, but overall I don’t like buying slabbed unless it’s a $1, $2 1/2, $3 or California fractional which I guess you could argue is high premium. I’ve let a couple of raw high grade $10 Indian Heads slip into the stack 😉. I’ve never bought Roosters, ducats, florin, guilden or anything like that mostly because I never see them at my LCS. He wants nothing to do with them and explained why. Basically unfamiliarity, odd sizes, odd weights, odd purities and no customers asking for them. Made sense to me, although someday I might buy a Sovereign because I like the design.
If someone is starting out they are probably young and have less disposable income. Even a 1/4 oz every 3 months could be a stretch. These types usually pick up a hundred dollars in silver every month. Maybe with enough discipline and luck they could convert a year of silver into 1 oz of gold.
Young persons can also choose to buy two or more shares a month (from reputable companies producing stuff people can't live without) instead of buying 2-4 silver rounds a month. Some years later in life selling the stocks (if preferred) could most likely buy a nice amount of gold.
Every piece of precious metal I buy is for my kids someday down the road. I don't plan on ever having to sell it because i see it as THEIR future. Keeps me away from making the same old mistakes.
Only ducats, 0.111 ounces fine for the price of 1/10th ounces. Very well known, high percentage (986/1000). 0,7 mm thick very easy to test. My lcs sell them for 213€ and buy them for 208€ (2,5% premium). Or the french 5000€ coin(official currency) made of 85 gramms of Gold.
Is there any value in starting out on a low budget and buying bullion 1/2 gram and gram bars? Or would you say that it’s better to save up and buy at the 1/4 oz and up minted coins?
Any chance you could make another video detailing all the reputable websites to buy gold? And how to avoid being scammed when buying unconventially?@@2is1gold
Maples are a great choice. There’s a tax form consideration at scale (25 oz+) and some people don’t want a monarch on their gold. Those are really the only downsides.
What about gold bars like PAMP or brand name vs generic gold bars. What do you feel about Costco Gold bars. I bought one today and five overall in the last three months. Did not buy the 6 to set aside money for a coin show coming up thanks for the info
Not interested in hot coins but maintaining value. I’m new to this but I’m thinking of buying 10-20 once’s of silver with 1-2 once’s of gold. I’m from the U.K. and would love to get some opinions of what I should buy.
More on this idea - here are the specific details of all the gold I bought in 2023: th-cam.com/users/shortsCKHCkmMsYQQ
I have been stacking since 2008, just an ounce every so often. I met my wife-to-be in 2011. I found out she had also bought gold for the same reason as me. This mindset has kept us together through marriage and two kids. We bought and sold an overpriced house, converted much of the earnings into gold, and bought a smaller house, and have our gold (and some silver) to pass down to our children. Our children receive a gold or silver coin in their stocking every Christmas. If I had to start over, I think I would do the same thing.
man you got lucky finding your wife
@@davidholubetz177True. Though I still encourage everyone to get a prenup.
Great story!
@@davidholubetz177 I agree, finding his wife was strucking the gold mine.
As a person who could not save more than $300 without spending all of it, silver has helped me save where I could not. Now its just a battle to maintain the purchases, and not be side tracked to the next cool looking thing.
It's really good that you found something that is valuable, lasts, and is a great store of value for your savings. I look at in that way too. I never had any trouble saving, as that
was ingrained in me by my depression era Mom. She was among those who suffered terribly from the 1930s depression, so knew a lot about how to manage any money that
she had. She was a ferocious saver and a miserly spender. She passed that on to me, so I've always lived below my means, saved the rest, and became a pretty fair investor.
Thanks to all that, I was able to see that earning a good amount was great but finding a way to protect that wealth from the thief of inflation was also important. 2008 was
my Wake Up call. Shortly after that I started buying some silver, very slowly at first and eventually 250-300 ozs. at a time. 10 years ago, I started buying some gold. Man, I
wish that I had bought more of that $1100-$1200 an oz. gold! lol But I didn't have lots of free cash available, so started slowly and ramped it up as I could. It's been an
interesting journey and, hopefully, a very worthwhile one. I like silver a lot but am waiting for the GSR to fall to 40:1 or lower so I can trade about 2/3 of my stack for gold.
I'll try to do that in stages of 10% of the silver stack, so if the GSR drops further, I can follow it down and get more gold for the trades. If it moves higher, then I will be
happy with what I have at that point. I don't stack silver anymore unless I can find a really good deal on something that I really like... like high quality Morgans, 1964
Kennedy halves, and proof statehood quarters from the early 2000s. Such opportunities are rare but they do happen from time to time. I have a cash stack just in case
something comes along that looks good to me. Meanwhile, I buy a few ounces of gold every quarter, more on the dips, and am hoping to reach my gold stacking goal
sometime in late 2024 or out to mid-2025.
I stumbled upon your channel about 2 weeks ago and today I started my gold journey by buying 2011 1oz eagle at local dealer. Thank you, man.
Absolutely understand where you are coming from. I buy very small amounts of silver because here in the U.K. it’s subject to 20% sales tax although the secondary market prices are reflective of this too. But for example this Christmas I had only £300 so I bought a half sovereign and spent £100 on Silver coins.
This is the way . 😎
I wish I could up my stack to gold, but affording anything above a 1/10th oz becomes nauseating. One day though.. hopefully haha
I bought a kilo as 10 100g pamp bars from apmex in 2009 in the high 900s. I sold them all back within a few months after it hit 1000. Probably if I had it to do over again I'd have buried them
I've been stacking silver for a couple of years and will be making my first gold purchases starting next week.
1/4oz Maples sound like the way to kick this journey off.
Thanks, and Happy New Year! 🥳
keep stacking Gold is expensive but doesn't take up a lot of room in comparison to silver
@@jkly495 Agree that gold is concentrated wealth. That makes it portable and easy to grab and go in an emergency situation. I've bought gold and silver at high, low,
and in between prices, so probably have a decent average price. I'm OK with that. I know that one cannot always buy at a low and sell at a top, so try to keep what I pay
for PMs to a practical medium. I tend to buy more when PM prices are down and less when they are high. My usual buys are from 2-5 ozs., so when prices are high, I
will buy 1-2 ounces and when they are low I will buy 4-5 ozs. In a real pinch I will pick up some 1/4 and 1/2 oz. gold coins. My stack is all in Maples, AGEs, and some
Britannias... probably in about a 60-30-10 mixture by ounces. This is not great variety but it is the ounces that keep me interested and not what's stamped on the coins.
Happy New Year!
Maples are a great choice!!!
I’ve been purchasing 1/4 at a time lately too
Great video, I recently started buying gold/silver again. After selling a large amount to help fund my restaurant. I've been purchasing mostly pre 33 gold $10 and $20 since the premiums seem to have dropped.
It’s buffaloes and Britannias for me. 1/10 Britannia per week, one buffalo every three months. I try to buy no matter what the spot price may be.
Fractional gold premiums are going to get outrageously high as spot goes higher. Fewer people will be able to afford larger weights, so fractional will be in greater demand. Save for the full oz or larger sizes if you can.
Good point.
Absolutely and the sole reason I mostly buy quarter and one tenth ounce Britannia's. Filling tubes steadily over the years and trying to find the lowest premiums and with no need to liquidlise them any time soon.
I do occasionally buy something that takes my famcy but that's rare and pure indulgence and I don't worry too much about the returns.
I do love the US coins but they don't sell as well in the UK and the premiums can be eye watering.
@@rjim1 Most eye watering in the UK PMs area is the VAT on silver... but not on gold. Doing that makes
it pretty clear that those in charge buy gold and not silver, so they don't care if silver is heavily taxed. 😕
@@edb3877 indeed, VAT on silver and platinum in the UK is borderline criminal in my opinion but the peer to peer market isn't too horrendous as any online "dealers" who are VAT registered can buy in bulk, get their 20% tax back and then charge a small margin to the buyers. It's not ideal but it's better than nothing.
As you probably know, the price comparison with official dealers is substantial to say the least and that keeps a thriving market going on Facebook and the like.
My metal portfolio is far under 10% in the silver coloured metals anyway and that percentage is only decreasing as time goes by but I do have a soft spot for silver and platinum and will happily grab some bargains and sought after bits when I see them.
I do also think that platinum will probably be a good medium to long term investment and having some beautiful numismatic pieces doesn't hurt either. This is what I tell my wife anyway! 😁
If I was starting today I'd stick to one ounce coins primarily because you generally can't beat the premium. For fractional I'd buy Brits or possibly Maples since that's the home town coin for me. I did a lot more waiting this year than buying which was a change for me. I was fortunate that I pulled the trigger pretty much at the bottom of the market twice in 2023. I've been doing this for a while so I'm pretty well positioned with metals so while I plan to continue buying I'm not going to feel compelled to buy when prices are high. Instead I'm hoping for a bit of a low key run up in gold prices this year. Thanks!
I did a lot more timing this year too. Cheers!
I haven't bought any $5 or $10 liberty heads in 10+ years but those never got sold because they seemed so cool. even now it looks like you get the $10s within 10% of spot
I'm just staying the path. Slow and steady wins the race.
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Personally I look at it as savings for a personal emergency to help my family restart. So I keep it simple, Maples and Buffalos. If you are buying, it needs to be done thoughtfully and not out of fear . Wishing you and your family (and everyone who watches your channel) a Happy New Year.
Yeah who the fuck is scared.
@@amgems8 Mostly those who don't understand the math of inflation and national finance / debt.
Well put. Happy new year!
The Maple's should be call the Canadian
2024 is the year to get 24k gold! I got 4x 1/10oz gold currently. My last gold purchase was a 1/10oz at Maple at 210 vs. Eagle at 260.
I just needed to up my gold weight.
I will continue to buy 1 1/10oz gold eagle every month, no matter what the price is. If my budget gets better, I’ll stack more eagles, 1 oz to 1/4 oz. 🇺🇸
Great video brother thanks for the info have a happy new year 🥃🥃🥃
Thanks Nate! Happy New Year!
Happy new year brother. I stacked 2 Oz worth of 1/10 eagles this year and feeling pretty good no longer having a zero position.
As a U.S. gold stacker I am buying 1 oz AGEs and Buffaloes and have an amount of 1/10 oz AGEs from about 5 years ago. I would also buy 1 oz. Maple Leafs if the buy/sell spread favors the ML over the U.S. gold by more than 1%. Also, if I can net out well under what dealers pay for 1 oz bars I have purchased a small amount of the Costco bars since July. I generally DCA each month but may delay or up buys by 2X depending on the spot pricing trend.
I’m going to continue to stack gold and silver. I’ve said this on a previous post but my finances have changed and now I can but 10gram bars a month. I’ve been stacking silver since 2017 at $13-$15 oz. I got my first monster box in 2019. I started stacking gold in 2018 at about $1,200 oz. I stated buying 5 gram bars in 2020. My finances allows me to buy a 5gram bar each month a year to acquire 2 ounces a year buying 5 gram bars a month. It takes 31.103 grams of gold to equal 1oz of gold. I started buying 10gram bars in August 2023. Starting January 2024 I’m going to start buying 10gram bars each month a year to acquire 4oz to end the year.
Many years ago I had the good fortune to own a 10 oz Pamp Suisse Fortuna bar. God it was pretty ! That was back when spot was under $1000 so that whole bar was about ten grand in value. A LOT of money at the time, esp for someone like me who didn't have much extra cash. Reason I'm writing the comment is that when I went to sell it, local coin shops weren't interested because it was so much money and then they would have to find someone who wanted that special / expensive bar. I ended up selling to one of the online shops, who didn't value it too high :( Moral of the story is like 2is1 said, think about who is going to want to buy it when you go to sell. Numismatics or high relief or big bars may seem cool but there is not a huge market for them. You'll never go wrong with 1 oz Eagles or Maples, as well as most of the other main 1 oz coins and bars. There's always a market for fractionals too, because the price is a few hundred bucks as compared to a few thousand. Problem with fractionals is the premium you pay when you buy - will you get that back when you sell ? Maybe not.
Completely agree. 10 ounce silver bars are my limit but I accumulate mostly 1 ounce coins/rounds.
Love the channel. UK based. Just started my gold journey at 23 by buying my first coin a few days ago. I bought a 2022 Jubilee Sovereign at a pretty high premium. My thoughts behind buying this is that I believe this coin, long term, will increase its premium given the fact that it was the last Jubilee year of Queen Elizabeth as well as being the last year of her life itself. Also, I was previously planning to get the 1/4 ounce Britannia 2022 coin, but it is sold out. Perhaps people also had the same idea of it having a high demand in the future. Nevertheless, my next coins to follow will be much nearer to spot price.
I love your guidelines. I also have a 1 ounce target per month so constant thinking on how to do this. Bought a Lunar 1oz and love it. Took your advice, zo thx again.
🤜🤛
Currently the Philharmonic’s and King Charles 2023 are the lowest priced”four 9’s I can find. We had a writers strike last summer which shut down studio work for quite awhile. Very thankful I had put coins aside for that. I still remember that podcast you talked about selling a couple coins in retirement to keep things comfortable. Great plan . I’ll be getting full retirement SS soon but still working so I plan to buy with that check so when the day comes I do stop there is that stack to help. Thanks for the advice!💪
Augmenting my retirement income and making sure that I have something that can cover the property
taxes are my main goals for gold stacking. Anything left over will be available to the kids and grand kids.
Cheers!
Its good info on percentages... buying regularly an DCAing is a good message. Ppl will end up with quite alot of their net worth in gold by buying regularly. Certainly more than the recommended.
Best option is to buy cheapest % premium coins like silver malpe leafs.
Then see how many money does the glounce of gold costs. Then sell equivalent silver you got and buy gold coin
Sound advice from a great channel. Thanks
Thank you!
I’m thinking strongly about exclusively buying gold in 2024. 2023 was a bad year and I had to sell my complete silver stack in July (300 oz.). When I got back on my feet in mid September, I’ve been able to accumulate roughly 45 ounces of silver but it’s not the same.
I think to have 300oz silver be able to save your ass in a bad year was great foresight and planning on your part. Seriously, well done.
@@jordanw8382 thanks for the kind words.
I only buy the .999 or better. Maples and Brits are my fav for bullion. Then the lunar from Perth for the cool coins at a premium. Queen’s Beasts are also cool but expensive now.
Theoretically if I were to start over it would be buffs and eagles only. Realistically I own way too many collector coins and high premium gold, and to my chagrin, jewelry.
Yep, straight basics win. Cheers!
@@2is1gold It is interesting that the more basic an investing plan is, the more likely it is to succeed. Using DCA, for example, is pretty basic, yet tends
to work well. Diversification is also pretty simple and also works well. Regularly saving cash, regularly investing, and spending carefully also work well.
What a great way to start the day with another .9999 fine 24K 2 is 1 video. Thank You Sir.. Life Is Good.....God Bless
Thanks BDH! Have a good weekend!
Thanks for the video. I’ve been buying AG/AU since 2003. All 1oz eagles and Kruger’s. I prefer eagles but Kruges have no sales tax in Nevada. If I were to do it again I would spread it out more and go heavier into stock market. I wish I had never bought mining stocks.
I really like quotations and have saved a lot of the really good ones in a computer file for reference. Mark Twain was one of my favorites. He once wrote that, "A gold mine is a hole in the ground with a liar at the top." From that I assumed that Mr. Twain once invested in a gold mine that went bust. lol Anyway, while I do invest in stocks, mutual funds, and ETFs, I
haven't ever bought a mining stock of any kind. It's not that one can't make money there, it's just that one needs to know a LOT about the mining industry, the people in it, and the
governments of the countries where the mines are located. IMO, mining shares embody the worst features of stocks and PMs, so are not something in which I would invest money.
I'd far rather hold the physical metal than the shares. I could see speculating in some mining shares with a small portion of my investable wealth but that would be about it. A safer
way to do this might be to buy a mining ETF or mutual fund. While this would cap the potential gains, it also would cap the potential losses to something more manageable.
Why do eagles have a tax but krugs do not? Very odd. When I visited NV earlier this year, I made a large ish purchase because of no tax which was nice.
I started buying metals this year and your advice has been sober and wise, I thank you for that. I have been mixing in some platinum maples and volatility aside looks like a good purchase. I know you don't seem keen on platinum but would be curious to your thoughts on platinum. Great channel thanks for the content.
Love this message and the comments
If I knew then what I know now, I would of started by stacking 5 and 10 oz generic silver and gold bars because they have less costly premiums compared to fractional metals like grams and 1/2 oz etc. If you bought grams of gold that equaled 1 oz. within one year of stacking all that and compared to just buying one whole ounce of gold, it does show a difference in premium costs between the two.
As always...great show . Thanks for the info man.
Thanks!
I save cash to purchase real estate, I buy between 1 1/2 to 2 oz a month of gold while I'm waiting...
Nice!
How rich are you
IMO ladies & Gents don’t be shy to buy & don’t get stuck waiting for prices to drop looks like $2k + is the new norm and from there only going up happy gold buying …
I was fortunate to do almost all of my stacking from 2014-2019 when prices bottomed. I don't have any regrets with any gold purchases but I do have regrets with silver. When I started stacking, I was premium adverse. I wanted as much as possible with the lowest premiums. I bought 100 oz bars rather than paying $2 more per ounce for Eagles. Today, I regret that decision.
I have been stacking sliver primarily this year because i just actually started stacking. I did buy a few 1/10oz coins in gold when i dipped around October just to have some gold, but at this point I am only interested in buying 1oz coins either Eagles, Buffalos, or Maples and i want to get them as a means of diversity in my savings, not because i think they will shoot to the moon but primarily because i believe they will hold my purchasing power in tack better than my cash with is guarantee to get hit by inflation. At least with the gold, it may go down a little, but it also could go up an hedge against inflation robbbing my cash holdings purchasing power.
Good plan. Cheers!
Excellent advice… would not have considered brits or leafs as fractionals first before the gold eagles but it makes sense.
🤜🤛
Like always excellent content, respect & love
Thank you!!
Thank you for the stacking update. I began doing AGE and Buffalo but switched to maples because premiums seem too high with spot being higher.
Glad to hear vote of confidence that you would have maples and Britannia fractional now
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Thinking in terms of "percentage of portfolio" or in terms of "how much gold will I need in an emergency" are both legitimate ways of thinking. They're both legitimate strategies. I would just understand each strategy, how it works, the logic behind it, and choose which method is better for me. You can also do some combination of both.
Legitimate for sure. Just very specific to place in life. Cheers!
" I would just understand each strategy, how it works, the logic behind it, and choose which method is better for me. You can also do some combination of both."
I like this approach in general but the combo looks like a great way to hedge the risks inherent in both stocks and PMs. I have stocks, ETFs, and mutual funds for growth
of capital and PMs as the insurance for those paper investments. Both have their function and the combo seems to work pretty well, having done it for the past decade.
I’m late to the game and started stacking silver and gold. I’m buying 20 ounces of silver American Eagles, a month, gold backs, and fractional, gold coins, and eventually 1 ce. Mainly American Eagles. I still don’t understand the reason of having a diversified different sovereign coins in one stack. It’s not like I’m gonna go move to Australia or Canada. I don’t see myself doing that.
I have mostly 1oz gold 🍁 as for the rest, 1oz bars, double eagles, half eagles, Krugerands, Britanias, then I have indian head gold, 2.50, 5 dollar, ten dollar, and Russian gold rubles and Cdn Centenial 20 dollar gold pieces.
Best video you’ve done. Really useful information and I agree completely.
Thanks!
It looks like we will come off the "right shoulder" just in time to meet up with the winter doldrum, so I believe we will have a slip back down to the low/mid 1900's right around mid-Feb again. But, after it recovers from that dip, I do believe the >$2K prices are here to stay and will likely accelerate, kinda like the DOW back in the day constantly flirting & dancing around that 10K mark, but once it really broke the ceiling, it was off to the races. With all of the inflation, I think we're due for another massive overreactive catch-up like from '77 to '79 and from '03 to '11, then the customary pullback after the overcorrection.... I'm thinking $2500-$2700 after the dust settles in a few years.
Great video, as always! I am the odd one that maples and Buffalo's are my tubes for the most part. 1/2 oz age are the ones i am trying to fill the tube now when price makes sense. Lobe the lunar series and have a few....ok, really jealous of your set lol. I slacked a few times and did not pull the trigger and regret does set it. God bless you and your family and a prospectus 24.
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I actually just started stacking 6 months ago. It's strictly buffalos for me. I did grab a 2023 American Liberty High Relief too
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Thank you for taking the time to make this video, your videos keep me well informed and motivated to save.
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I would have only bought gold and no silver - too heavy and no movement
Yeah, silver didn't have a good year.
2023 has been a great example on how dollar cost averaging, be it based on cost or weight is so beneficial. Consistency is key.
Gold is up 13% this year. Silver well it’s flat but hey listen to those coin shop videos saying buy silver and not gold.
“It’s the better value.” 😉
I’m at the point where I only buy on special deals. I’ve really got some great deals on 1/4 oz Britannias. I’ve had six 1/4 oz ML I bought before the premium shot up on those. Pure luck
Luck or not, WELL DONE! 👍
I’ve got 70% RCM minted silver coins. And 76% RCM minted gold. All the rest is US minted or bar stock. If had a do over I would stick to US minted coins only.
I am in the UK so...1 sovreign (8 gr each) every month or 1 Oz Britt at every 4 months. Possibly could go for 1/4 Queen Beasts as they come with huge premium but they do trend to hold that premium over the years...🤷♂️
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Sincere thanks!!
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This is a great channel. I'm a silver stacker mostly plan on switching to gold in 2024
Cheers!
Probably a 1/4oz gold brit every 2 months and the 2 1oz Tudor beast when released and maybe a 1oz brit if i have the money…
Nice
@2is1 Hey I appreciate your time and effort, I'm sure you don't hear that enough. I've enjoyed your presentations great thank you kind sir.
Hey, thank you!!
Starting over with new lab. Refining other’s discarded treasure produces lovely ingots. Gonna need larger castings.
Fun
This is a question for you specifically if gold keeps going up will you change your percentage on when you buy. I'm in this for the Long Haul knowing that the government will Collapse by 2051. I've done a lot of math in my day enough to know that things are not working even at this point . If it keeps going on in an upward Trend I might drop that 10% marker line down to eight. But if it keeps going up more parabolically I might have to do it on a 5% dip. The only way it stops for me is if it really goes to the moon and at that point I'll just say it's not obtainable to buy anymore and just ride the momentum till the end
Im timing my purchases way more than I was to try to keep acquisition cost lower. I’m not sure though if I’d change my percentages.
I’d pretty much do what I’ve done. I’d buy 1oz Buffalos or Eagles whenever funds permitted, and once I hit a critical mass of bullion coins, I would switch to AU/BU Pre33 Double Eagles, and sprinkle in some fun pieces in between (ancient gold, foreign gold, etc).
Look! If you have $2100 to invest in silver or gold, go for the gold! For that amount of
of money, you can buy about Canadian Maples 1 ounce silver coins, but $400 of that
amount will go premiums. On the other hand, you can buy 1 gold Maple Leaf 1 ounce coin
of equal value and only pay $60 in premium. To sell your $2100 in silver, you will be lucky
to get spot or a buck under so you are looking at $1600 to $1700 from your dealer.
On the other hand, your single gold coin will get you at least $2000.
Yep, much lower acquisition cost. Cheers!
Great video as always 2is1 🎉
I never ave used it as a investment but I've turned 20 to 30 % on everything so far and started this time at 1280
I wouldn't change nothing I buy what I like if it gets old I sell it otherwise I'll give it to my children for fun, and I'm adjusting my budget down cuz it gets 2 b alot
I just started stacking with a 1987 Panda. I liked the low premium, unique design for the year and it's .9999 purity. I think I'll stay with the 24 carat coins going forward. Your $500/mo example is realistic for many people I bet.
Would you recommend a more steady, monthly buy in smaller coin amounts at higher premiums or more of a "save for a bigger coin every few months", approach?
I would definitely keep my regular buying routine. Agree I would turn away from the 1/4 oz AGE for a cheaper alternative and stick with the 1 oz buffalos, eagles and maples.
Happy New Year's 2!
Yes - HNY!!
Pre-1933 US Gold AU.
would a half ounce eagle every quarter be a good place to start don’t know if i heard you mention half ounces
I can't find them for good premiums typically, but they're a great option when you can.
Hi, all your videos are very good but I would like to ask you a question. Where do you buy your coins and what link do you recommend or what pages for purchases? thank you so much.
SDBullion.com is a great choice. Full disclosure, they’re a sponsor, but they’ve always been on any short list I would have had. Cheers!
Thank so much I hope you continue doing this and it will be just as good a happy new year
Monument Metals will typically beat SD Bullion by a small amount for standard bullion purchases. SD Bullion has better prices on Pre-33 gold though. Between these two sites you have most needs covered. Occasionally JM Bullion or Apmex for something hard to find, but you will pay for it.
I noticed you used to have them in capsules but stopped at some point. Since i may have missed the explanation video can you tell me why you switched and are now ok with touching them and stacking them together?
In your coin capsule video you were very adamant that thier condition really mattered to you so im curious what chsnged. Thx!
It depends on a few things. I kept buffalos in capsules until I had enough to fill a tube. A mint tube keeps them pretty immobilized. Maples I keep in capsules because it’s easier to mar them. Any semi numismatic coin I keep in a capsule at all times. Eagles don’t get beat up easily so I’ve never really kept them in capsules. Filming them changes things up a bit. I end up handling them a lot more, so at first I left them in capsules as I was handling them in case I fumbled them since I’m holding them on the other side of a camera. They just look nicer on camera out of the capsule, though, and it’s more likely I’ll damage them constantly getting them in and out of capsules. I’ve never been concerned about handling them directly though. Only about accidentally dropping one. Cheers!
Always superb advice and without trying to sound overly hyperbolic this channel helped me more than I can articulate! I literally went from being financially iliterate and irresponsible with money to focusing on investing and planning for my family's future.
I'm so gratefulI I found this content years ago as it lit a fire in me that has and will continue to benefit myself and my family for decades to come. Cheers! 😊
Love to see that. Happy new years!!
@@2is1gold happy new years to you and your family too!
If I had it all to do over again I never would have sold any. Hindsight's 20/20
Almost makes a case for storing some in a vault.
Wish I would have bought more of the 2023 High Relief American Liberty Gold Coins. The US Mint has been sold out for months ARG.
I would stack the lowest priced 1 oz. gold bars I could find period. To bad I dont have a time machine. Lol
Gmls for me. But fractional. I'm tight on budget. I know I'm getting pinched with the premium. But a fraction of gold is better than 0 gold.
100% (plus the 14% gain this year)
Hi and thank you for sharing your thoughts, knowledge and good advice. What I’d like to know please, is if the two inverted head and shoulder formations in the TA charts affect your purchasing and if so how? (YY-MM-DD) 1 - the larger one from 20 08 03 to 23 12 04 & 2 - 23 08 23 to December 2023. Best regards. Richard.
I kinda feel like I did start over. A year ago, "being out of silver" meant I had 500 oz set aside and just wasn't buying any more. Now, it means I have five tubes of ASEs. Silver was converted to gold, and gold was consolidated around one tube for 1/4 oz Gold Eagles and two tubes for one oz Gold Maples (which were already the base of my gold stack). These tubes should be finished off by the end of 2024...and along with two tubes of ASEs, they fit nicely in a Pelican M40. Buffalos are on deck for 2025...and maybe 1/4 oz Britanias.
Nice!
I found quarter ounce American Gold Eagles with a $20.00 premium twice in 2023 I was ecstatic
I'd still buy fractional eagles when the prices are high, and full ounces when the prices are lower. Thanks for the video.
Thank you for the video.
Happy new year!
@@2is1gold Same to you my friend.
No numismatics at all. With Ag at $2k+ today, I'd target 1/4oz eagles, maples or britannias. If you can afford 1oz, go for it.
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Smart move not getting into what percentage of your portfolio should be gold (or silver) in the same video. Look folks, if you're new to this topic, ANY gold and/or silver is better than having NO gold or silver. The idea here is just to start now and buy what you can afford consistently.
I haven't bought in awhile but when I was buying, I bought US $5 gold commemoratives pretty heavily. I got some good deals.
As a person who hasnt purchased gold since 2007 and i havent really looked at what the prices were then, if i remember during that time maybe silver got to 18 an oz, gold was kind of like 950 an oz and platinum was like 2100 haha, it was around the time they minted the platinum eagle, i had maybe 45 oz silver, and a half oz in the form of 2 quarter oz gold eagles, and i really couldnt pull the trigger on platinum back then, but i have thought about a quarter platinum eagle just to have the design to hold and look at haha, i had to sell my small stack back then due to fuck im poor situations, and i only started stacking again like 6 months again, but just silver for now, im thinking of going for a half oz in like 3 months, gold that is
I wouldn’t change my gold purchasing regimen. My mainstay gold stacking is AGEs, AGBs, and common date VF to AU pre-33. I’ve never purchased super high premium bullion like the high relief proofs. I’ve purchased some moderately high premium slabbed numismatics because I try to collect $10 Liberty Head Eagles. 1892-S MS62 would be a good example, but overall I don’t like buying slabbed unless it’s a $1, $2 1/2, $3 or California fractional which I guess you could argue is high premium. I’ve let a couple of raw high grade $10 Indian Heads slip into the stack 😉. I’ve never bought Roosters, ducats, florin, guilden or anything like that mostly because I never see them at my LCS. He wants nothing to do with them and explained why. Basically unfamiliarity, odd sizes, odd weights, odd purities and no customers asking for them. Made sense to me, although someday I might buy a Sovereign because I like the design.
Familiar story at my primary shops. Cheers!
Already have a silver stack, some AGEs but from here on, only 24k for me.
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If someone is starting out they are probably young and have less disposable income. Even a 1/4 oz every 3 months could be a stretch. These types usually pick up a hundred dollars in silver every month. Maybe with enough discipline and luck they could convert a year of silver into 1 oz of gold.
Young persons can also choose to buy two or more shares a month (from reputable companies producing stuff people can't live without) instead of buying 2-4 silver rounds a month. Some years later in life selling the stocks (if preferred) could most likely buy a nice amount of gold.
I would stick to Eagles, Buffalos and Maple leafs. No bars or other coins.
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Good strategy IMO, but you could also consider Brittanias.
Every piece of precious metal I buy is for my kids someday down the road. I don't plan on ever having to sell it because i see it as THEIR future. Keeps me away from making the same old mistakes.
Only ducats, 0.111 ounces fine for the price of
1/10th ounces. Very well known, high percentage (986/1000). 0,7 mm thick very easy to test. My lcs sell them for 213€ and buy them for 208€ (2,5% premium). Or the french 5000€ coin(official currency) made of 85 gramms of Gold.
Love ducats. Those fractional amounts really add up.
Lol on the quote from ‘Better Off Dead’.
Is there any value in starting out on a low budget and buying bullion 1/2 gram and gram bars? Or would you say that it’s better to save up and buy at the 1/4 oz and up minted coins?
How do I find a 2020 Gold lunar mouse 1/4 oz?? I have all series iii lunars for my sons collection except for that one….. :-(
It took me nearly a year to find one. I set up stock notifications at lots of sites. One finally hit.
Any chance you could make another video detailing all the reputable websites to buy gold? And how to avoid being scammed when buying unconventially?@@2is1gold
Seems the Maples are the lowest cost per oz, why pay more for the others? When selling isn't an oz of gold the most important? Just asking.
Maples are a great choice. There’s a tax form consideration at scale (25 oz+) and some people don’t want a monarch on their gold. Those are really the only downsides.
have a Happy New Year
You too!
What about gold bars like PAMP or brand name vs generic gold bars. What do you feel about Costco Gold bars. I bought one today and five overall in the last three months. Did not buy the 6 to set aside money for a coin show coming up thanks for the info
Not interested in hot coins but maintaining value. I’m new to this but I’m thinking of buying 10-20 once’s of silver with 1-2 once’s of gold. I’m from the U.K. and would love to get some opinions of what I should buy.
6:41 yesterday I did just that 😂