Alarming News for Gold and Silver

Sdílet
Vložit
  • čas přidán 6. 09. 2024
  • There are a number of unrelated alarming and interesting bits of data that might not seem as interesting or alarming as the current spot price of gold and silver - until you put them all together.
    ✅ SUBSCRIBE ▸ czcams.com/users/2...
    ✅ JOIN ▸ / @2is1gold
    ▸ Instagram ▸ / 2is1gold
    ▸ Discord ▸ / discord
    ▸ DOOR MARKED PRIVATE: / @doormarkedprivate
    🔥 SDBullion Promo: sdbullion.com/new
    CAPSULES, CASES & SUPPLIES
    ▸ Capsules for Gold Eagles, Buffalos, etc. - amzn.to/38TpVE9 (32mm)
    ▸ Capsules + Tube - amzn.to/3F1FYgX (32mm)
    ▸ Capsules for Gold Maple Leafs - amzn.to/3pYmLoO (30mm)
    ▸ Capsules for 1/2 oz Gold Eagles - amzn.to/3nVpfCq
    ▸ Capsules for 1/4 oz Gold Eagles, etc. - amzn.to/2LHteFN (22mm)
    ▸ Capsules + Tube - amzn.to/3UI0D0s (22mm)
    ▸ Capsules for 1/10 oz Gold Eagles, etc. - amzn.to/3roUzLy
    ▸ Pelican Micro Case - amzn.to/3r6HtUd
    ▸ Theory11 Playing Cards - amzn.to/3ec9B4L
    ▸ Field Notes Notebooks - amzn.to/3fuWoq2
    ▸ Digital Scale - amzn.to/3HZTox3
    ▸ Sigma Metalytics discount: tinyurl.com/2cu...
    HELPFUL VIDEOS
    ▸ Gold Coins 101: • Gold Buying Advice for...
    ▸ Storage: • Is Your Gold Safe? Sto...
    ▸ Capsules: • The Best Coin Capsules...
    IF YOU'D LIKE TO GET IN TOUCH
    2is1gold@gmail.com
    BEWARE OF SCAMMERS
    I don't ask you to message me in comments or on other platforms.
    DISCLAIMER
    All content here is for entertainment purposes ONLY. Nothing I present shall be considered financial, tax, legal, insurance, or other advice and may be outdated or inaccurate. I am not a financial advisor and am not qualified to give financial advice. I'm just a guy on the internet, talking about precious metals.
    Some links in the description may be affiliate links and lead to commissions from qualifying purchases. If companies, products or stocks are mentioned, I may receive payment or other consideration. DO NOT make buying or selling decisions based on these videos. It is your responsibility to do your own research and verify all information. If you need advice, please seek out a qualified professional.
    I will NEVER ask you to send me money to trade or invest for you. Please report any suspicious emails or fake social media profiles claiming to be me.
    Thank you. I appreciate your support!

Komentáře • 485

  • @akesha4138
    @akesha4138 Před 3 měsíci +29

    What we are really seeing is not only a spike in prices, an additional spike in volatility. This means a pullback could be just as dramatic as recent price increases. Do not count on a straight line up.

    • @jeanpaulfelix4095
      @jeanpaulfelix4095 Před 3 měsíci +7

      Don't even hope for a price spike. Think of it as insurance against collapse. The longer they keep this ponzi together the better. Be careful what you wish for.

    • @marceldekker2149
      @marceldekker2149 Před 3 měsíci

      It will go parabolic and faster if people no Whate is going on
      Only 1 % nowe.
      Debt go faster and faster
      Al printing dollars coming back to the banks white big big losses.Small banks are falling.thate debt comes on balance of big banks
      Domino is starting
      163,8 million debt a minute
      Unbelievable

    • @user-mk3ss9nx7h
      @user-mk3ss9nx7h Před 3 měsíci +1

      ...in which case the pullback in silver would be even more dramatic than Gold. Given the past performance of Silver price drops I'd be wary of stacking too much of it. More like if Silver goes up, then sell a portion of it & buy more gold because in the long run its price is more stable.

    • @marceldekker2149
      @marceldekker2149 Před 3 měsíci

      Every week Parabolic up

    • @edkinj888
      @edkinj888 Před 3 měsíci

      I need me some of that pull back! Can’t justify a purchase right now 😢

  • @tyleigh4309
    @tyleigh4309 Před 3 měsíci +21

    Millennial here and I opted gold over a traditional 401k
    I can't trust numbers on a screen that are influenced by fed monetary policies
    I'll take any buy/sell spread(if there's any) over a 401k withdrawal penalty

    • @joshmiller2725
      @joshmiller2725 Před 3 měsíci +4

      I would consider stocks too if I were you. S&p500 traditionally has higher returns than gold, although gold has outperformed the last couple decades. Never know what will happen. If the worldwide economy and the dollar collapse, you’ll look like a genius putting everything in gold. But if it doesn’t, you might get left behind by not owning stocks.

    • @tyleigh4309
      @tyleigh4309 Před 3 měsíci

      @@joshmiller2725 I appreciate the insight, my mindset has been risk averse by saving money in gold but I feel I have enough of a safety net to diversify and take some risk in investments. Thanks again

    • @Fireball821
      @Fireball821 Před 3 měsíci

      Think about the immediate cut off the top when paying fees & taxes for early withdrawal. It pays to stay diversified.
      I'm somewhat of a millennial myself, and I trust gold & other pms to help me preserve my wealth better than allocating elsewhere. It's a strange time, as always.

    • @bhargi4692
      @bhargi4692 Před 3 měsíci

      Millennial here also, I only have metals, crypto, and property. No 401k

  • @DominoStorm1
    @DominoStorm1 Před 3 měsíci +21

    At these prices my focus is no longer 1oz coins but 1/2 oz gold coins.

    • @jimscherer8072
      @jimscherer8072 Před 3 měsíci +4

      Smaller denominations have higher premiums.

    • @ozyrob1
      @ozyrob1 Před 3 měsíci

      ​@@jimscherer8072Everyone understands that but increasingly as gold strengthens fractional gold is making more sense.

    • @jamesdoe3713
      @jamesdoe3713 Před 3 měsíci

      @@jimscherer8072 not if you buy on the secondary market.

    • @user-pr4oq4mm7p
      @user-pr4oq4mm7p Před 3 měsíci +1

      YELLOW Gold... @o@

  • @coolsoupy
    @coolsoupy Před 3 měsíci +95

    Why does everyone repeat 34 trillion in debt? We have over 100 trilllion in unfunded debt !!

    • @edb3877
      @edb3877 Před 3 měsíci +1

      Why do some trumpet the unfunded liabilities of the future while ignoring the earnings of the future?

    • @GimbleOnDew
      @GimbleOnDew Před 3 měsíci

      100 trillion, according to debt clock is all unfunded government and consumer debt, and not just the federal government

    • @janicejohnson1334
      @janicejohnson1334 Před 3 měsíci +4

      *** Coolsoupy *** THANK YOU .......... Unfunded debt is very serious folks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • @SweetLeavesXbox1
      @SweetLeavesXbox1 Před 3 měsíci +4

      Credit is made for you to go in dept. It was the plan since credit began. It's so easy to swipe your card and not count your money. Most young adults knowdays don't realize they have no money till there cards tells them so.

    • @jurgenpommerenke8150
      @jurgenpommerenke8150 Před 3 měsíci

      Earnings made of new debt?

  • @DailyMetalsMarketReport
    @DailyMetalsMarketReport Před 3 měsíci +24

    Well...
    One reason to go back to that 'barbaric relic/shiny rock' monetary system from over 100 years ago would be it worked pretty well for 5,000 years before we switched.
    Love your channel m8.
    👊

    • @edb3877
      @edb3877 Před 3 měsíci +3

      Classic case of ignoring the old, "If it ain't broke, don't fix it" rule. 😕

    • @2is1gold
      @2is1gold  Před 3 měsíci

      Cheers!

    • @jonathansullivan3089
      @jonathansullivan3089 Před 3 měsíci +1

      yes it did. Remarkably well.

    • @mynameisben123
      @mynameisben123 Před 3 měsíci

      It did very well but also our rate of technological development was also extremely slow. It’s possible that some of the advancement was a result of decoupling from the gold standard.

  • @WorldMoneyWins
    @WorldMoneyWins Před 3 měsíci +55

    The government wouldn't go back to a gold standard. They wouldn't be able to print money anymore.
    Fiscal responsibility? Nah..... Janet go Brrrrrr....

    • @TheQuickSilver101
      @TheQuickSilver101 Před 3 měsíci +10

      That's right. There's no incentive for the US to go back to a gold standard. They'd lose all their ability to manipulate their currency and politicians wouldn't stand for that

    • @edb3877
      @edb3877 Před 3 měsíci +10

      @@TheQuickSilver101 A time very well may come when they no longer have a choice in this and that will be when it's either a gold standard
      or absolute national ruin. Yes, I know, some of these idiots will choose national ruin... but only if they can blame it on someone else. 😕

    • @Mustafag20
      @Mustafag20 Před 3 měsíci +3

      If the USA does not return to the gold standard, the dollar will be garbage anyway, so the world's countries switch to the gold standard. If it doesn't go under America, there will be cheap labor. Eastern countries can work for 1 month for 100 dollars😂😂😂

    • @TheQuickSilver101
      @TheQuickSilver101 Před 3 měsíci +3

      @@edb3877 It gives me no pleasure to say that I don't see politicians going back to the gold standard but I believe it's true. I think most in the precious metals community see the way things are headed. Politicians everywhere and especially in the US have some genuinely tough choices to make within the next decade if they want to avoid serious difficulties for their citizens. I'm not at all confident that the political will to do what needs done exists ☹

    • @shan4078
      @shan4078 Před 3 měsíci

      @@TheQuickSilver101 Unfortunately our politicians have used the fact that the U.S doller is the worlds reserve currency to bully other countries and other countries are sick and tired of being bullied. That's the reason for BRICKS. 😖

  • @RedeemedPatriot76
    @RedeemedPatriot76 Před 3 měsíci +23

    Glad I got what I got.. Praying for those that are clueless

    • @edb3877
      @edb3877 Před 3 měsíci +6

      Every animal on Earth has its own set of capabilities. With humans, it's the big brain that distinguishes us from most other animals... but only if we actually use it.
      Considering all the economic and financial info out there these days, anyone who remains "clueless" is doing so on purpose and probably deserves what's coming.
      I have family members who fall into this group and because of them, I stack extra silver and gold beyond the needs of my wife and myself. I am happy to do this,
      as I care very much for them and don't want them to suffer deprivation when, not if, the SHTF. While no one knows *when* this will happen, THAT it will happen is
      pretty obvious.

  • @Mr1MOA
    @Mr1MOA Před 3 měsíci +9

    That's why I have been trading in or selling some of my foreign silver/gold for US coinage, the last 4 Gold purchases have been all pre-33 Gold. Tax implications could be a big deal if Gold/Silver's value goes where we think it will go in the future.

  • @trevorhartley9230
    @trevorhartley9230 Před 3 měsíci +9

    I’m 24 and I have 6 ounces of gold and 435 ounces of silver and 3000 goldbacks. I don’t like fiat money any more than my family does

    • @sailfly2869
      @sailfly2869 Před 3 měsíci

      I understand your point but then again even if we were back on the gold standard it doesn’t mean that the fiat currency is dead for everyday transactions. To date our fiat currency is still number one, even with the development of the BRICS that is only due to our sanctions that we imposed on countries that don’t follow certain rules. Anyway with the development of blockchain technology has created a new digital currency and even worse is the point system that will grade us in the near future.

    • @user-mk3ss9nx7h
      @user-mk3ss9nx7h Před 3 měsíci

      You should cash in a portion of your silver & use it to buy gold if silver reaches $40-50 per ounce because it is currently rising faster than gold. That way you could net yourself some 'free' gold. Not even my advice but that of precious metals expert Alisdair McCleod. Do a search & check out his videos on CZcams. That's what he advised recently & many of his predictions have been accurate.

    • @seanoconnor1478
      @seanoconnor1478 Před 3 měsíci +2

      That's great. Especially for your age. I hope you got some btc also...👍

    • @sailfly2869
      @sailfly2869 Před 3 měsíci

      @@seanoconnor1478 Actually I’m more into Ethereum and Ripple than BTC.

    • @trevorhartley9230
      @trevorhartley9230 Před 3 měsíci

      @@sailfly2869
      Right I obviously still use fiat money because I have a mortgage and have to buy food and I do invest into income producing assets as long as they are outpacing inflation, but I only save physical gold and silver

  • @ixsandsxi7938
    @ixsandsxi7938 Před 3 měsíci +38

    I cried so much when I lost all my gold, silver, and firearms in a tragic boating accident

    • @marceldekker2149
      @marceldekker2149 Před 3 měsíci

      Lot of people lost there bitcoins white out a boat accident

    • @someoneelse9059
      @someoneelse9059 Před 3 měsíci +4

      Well serves yourself right…
      Everyone knows gold doesn’t float.
      Me on the other hand being the Good Samaritan that I am.
      Last Christmas I went down to the local homeless shelter and handed my gold out to all the homeless people.
      Just hoping I can claim it on next years tax.

    • @user-mk3ss9nx7h
      @user-mk3ss9nx7h Před 3 měsíci

      Why did you keep all of your precious metals on a boat? It seems like a very precarious & insecure method of storing it.

    • @robertrand365
      @robertrand365 Před 3 měsíci +1

      sorry for your loss...

    • @clarkgardner7175
      @clarkgardner7175 Před 3 měsíci

      Hahaha. When gold and bullion become illegal, this will become a common “accident “. Congrats on being ahead of the curve.

  • @intoit1074
    @intoit1074 Před 3 měsíci +6

    Kinda bummed I didn’t buy another buffalo @ $2000 lol. All mine was bought sub 1700. Regrets

    • @user-mk3ss9nx7h
      @user-mk3ss9nx7h Před 3 měsíci

      I also bought most of my gold at lower prices. However I bought a bit more around $2300 per ounce & then stopped. At this point I'd rather not buy much more. Buy silver instead & if its price continues to rise, then cash it in to buy more gold at a later date.

  • @juliusstriker4465
    @juliusstriker4465 Před 3 měsíci +40

    2450 gold, 70k btc, 3500 eth, 32 silver… we’re so so back.

    • @linnspencer2210
      @linnspencer2210 Před 3 měsíci +12

      No, your $ are just worth much much less as inflation rises more and more.

    • @manthing1467
      @manthing1467 Před 3 měsíci +17

      Cryptos a fiat tool. I'll take the gold

    • @yanbaihuzxzxzx
      @yanbaihuzxzxzx Před 3 měsíci +9

      @@manthing1467 yep cant go wrong with the metal that has been around for 5000 years

    • @Coldnose-qv6sn
      @Coldnose-qv6sn Před 3 měsíci +3

      Bitcoin has more upside.

    • @juliusstriker4465
      @juliusstriker4465 Před 3 měsíci

      @@manthing1467 you can own both

  • @vip_supercars3652
    @vip_supercars3652 Před 3 měsíci +5

    Richard Nixon abandoned the gold standard in 1971. The gold standard is not from 100 years ago and since we were taken off the gold standard, inflation has skyrocketed and wages do not keep up with inflation

    • @bhargi4692
      @bhargi4692 Před 3 měsíci

      Wasn’t that a fractional system? Full gold backed system was prior to the Fed?

    • @vip_supercars3652
      @vip_supercars3652 Před 3 měsíci

      @@bhargi4692 the gold standard is $35 is equivalent to one once of gold. The government could not exceed printing more money than they had in gold reserves. Obviously they didn't follow this and when other nations asked for their gold back, Nixon took the United States off the gold standard.

    • @bhargi4692
      @bhargi4692 Před 3 měsíci

      @@vip_supercars3652 I believe it was $20 until the revaluation with FDR in 1934, then another revaluation took place at Bretton Woods. I think the treasury still has it on their balance sheet at $42 per ounce. Then they were printing more for Vietnam and the gold started being drained because other countries saw what was going on with the printing. So we had several revaluations because of more printing

  • @simplehillbilly5852
    @simplehillbilly5852 Před 3 měsíci +20

    Im still buying gold but holding on silver

    • @2is1gold
      @2is1gold  Před 3 měsíci +1

      🤜🤛

    • @Convoyman2004
      @Convoyman2004 Před 3 měsíci +4

      Ditto. Got my 500oz of silver and just been buying gold DCA style for years. Not stopping either.

    • @user-vv1my9kv8l
      @user-vv1my9kv8l Před 3 měsíci

      U dont see why we would go to to a gold backed system of 100 years ago? Duh. How about saving the dollar as the Worlds reserve currency ? No other way -including electricity chomping Crypto "air" money .
      May or may not be possible -but could be a basket of REAL assets including silver, land or anything tangible. Crypto is just another way to print " money" out of a blockchain of thin air. Worth nothing without fools just waiting to sell-and they will... with nobody left to buy.

    • @mickj4342
      @mickj4342 Před 3 měsíci

      I have half the amount of silver you have about a 70/30 split,I would have had more silver but for its weight and real estate it takes.

  • @Metalmatte-31.1
    @Metalmatte-31.1 Před 3 měsíci +18

    Huge week for gold and silver!

  • @Tsl4Lf
    @Tsl4Lf Před 3 měsíci +38

    I Love Gold and can never have enough. 🏆

  • @SouthernFryd
    @SouthernFryd Před 3 měsíci +5

    What price does SILVER need to get to where dealers STOP BUYING??
    I remember when it reached those crazy highs in 1980 or so, many dealers got burned and said they probably wouldn't be buying silver if it got that high again.

    • @jamesdoe3713
      @jamesdoe3713 Před 3 měsíci

      this is not the 1980's. Things are far worse.

    • @SouthernFryd
      @SouthernFryd Před 3 měsíci

      @@jamesdoe3713 Well, Silver got to around $50 in 1980. Dealers stopped buying and those that did, lost their shirts. My question is, like I stated...when will dealers stop buying silver.

    • @tennesseecoinco
      @tennesseecoinco Před 3 měsíci

      As a dealer there is no such number. We simple lock all large sales in as we go. We do not play the market or hold for re sale on large amounts. This eliminates all risk. Point being if paper is trading at a number we can dump at near that number.

    • @mynameisben123
      @mynameisben123 Před 3 měsíci

      @@SouthernFryd $50 in 1980 is $190 in 2024. So we’re a far cry from that…

  • @jeffsurfanderson
    @jeffsurfanderson Před 3 měsíci +2

    It actually makes me smile that I hear that you're talking about the youth getting into gold buying not all hope is lost and it's great and now we just need them to spread the word

  • @christophermccormick8670
    @christophermccormick8670 Před 3 měsíci +93

    Born in 1964 so I’m technically a Baby boomer. GET OFF MY LAWN!!! Unless you have bourbon.🥃

    • @garyfilippo6080
      @garyfilippo6080 Před 3 měsíci +15

      I was born in 1942 and I'll also accept bourbon along with a good cigar.

    • @2is1gold
      @2is1gold  Před 3 měsíci +13

      I always have bourbon. 🥃😂

    • @grantstanfield6636
      @grantstanfield6636 Před 3 měsíci +1

      JD White Label has a fantastic taste! Yea for Bourbon!!

    • @edb3877
      @edb3877 Před 3 měsíci +2

      @@2is1gold It's PARTY Time! 👴

    • @edwardhubbard9769
      @edwardhubbard9769 Před 3 měsíci +2

      1963 for me…. 🏴‍☠️

  • @lancev1026
    @lancev1026 Před 3 měsíci +2

    Silver and gold and every other metal are extremely undervalued it’s wild wild wild

  • @tinyconspiracy9997
    @tinyconspiracy9997 Před 3 měsíci +4

    "The idea of having a non-zero position in gold makes sense either way." -- 2 is 1 (05/20/24)
    Quality thought and quote right there.

  • @BorisLikesBonds
    @BorisLikesBonds Před 3 měsíci +2

    After getting my first ounce of gold ever a few weeks ago, I restarted my weekly savings to get my next ounce. It will take a while … maybe a year? … but I’ll get that second ounce!

  • @Novas_daily
    @Novas_daily Před 3 měsíci +3

    The signs are showing the end is near

  • @kyleschaaf4195
    @kyleschaaf4195 Před 3 měsíci +1

    29 years old here and stacking silver. Been looking into gold but have not jumped into the pool yet.

  • @davidparker5345
    @davidparker5345 Před 3 měsíci +2

    Born in 1959 and for me gold is NOT all about the price or tending price. Never ever forget it is so shiny and pretty. Ahhhhh my precious gold.

  • @sadddge2067
    @sadddge2067 Před 3 měsíci +8

    Congratulations to the winners!
    Hf everyone!
    Gl

  • @justsomeone6835
    @justsomeone6835 Před 3 měsíci +18

    Gen X rules and so dose Gold.

    • @alexpearson8481
      @alexpearson8481 Před 3 měsíci +1

      Ya we really do. boomers had it best of all but if generation Xers made the right decisions we’re safe too.

    • @juliusstriker4465
      @juliusstriker4465 Před 3 měsíci +4

      Gen X rules…. Said no one ever.

    • @nichill7474
      @nichill7474 Před 3 měsíci

      @@juliusstriker4465haha, no doubt, i am GenX and those words have never come out of my mouth. But i got gold and silver so maybe after all these years GenX can rule for once.

    • @edb3877
      @edb3877 Před 3 měsíci

      Yes, gold DOES rule and all you young fellers should consider that when a lot of us so-called "Boomers" pass on, YOU will be the beneficiaries of all our unspent gold
      and silver... plus a lot of other goodies as well. Suggestion: for all you scotch or bourbon lovers, buy an expensive bottle and hoist a toast to us old folks on the
      anniversary of our passing, in tribute to all the wealth that we passed on to you. 😇
      Historic note: There was a time when only those born in 1945-46 were called Baby Boomers. There was a wave of births from all the GIs coming home from WW-II.
      No one born after that was called a Baby Boomer. The term "Boomer" is pretty much an invented grouping, other than those born in 1945-46. My older sister was
      born in 1946, so qualifies. My older brother was born in 1945, so he qualifies too. I was born in 1949, so do not qualify. My younger brother was born in 1954 so he
      definitely does not qualify. In spite of this, the media has concocted this new "Boomer" generation, blowing the whole thing way out of proportion... as usual.

    • @dawnfire82
      @dawnfire82 Před 3 měsíci +1

      Ah, Gen X. Whose greatest loves were music, drugs, and apathy, and who are the parents of the stellar success stories that are Gen Z. 😄

  • @colossus8418
    @colossus8418 Před 3 měsíci +2

    Will always buy, just in smaller increments when it is at a higher price point.

  • @user-mk3ss9nx7h
    @user-mk3ss9nx7h Před 3 měsíci +4

    I'm starting to buy silver because its affordable & gold has become too expensive.

    • @drewmcclintock7034
      @drewmcclintock7034 Před 3 měsíci

      "expensive" is a relative term. For some it's perfectly fine.

    • @user-mk3ss9nx7h
      @user-mk3ss9nx7h Před 3 měsíci

      @@drewmcclintock7034 I bought most of my gold when it was $1600-1900 per ounce. While it's nice to see it go up, its becoming too pricey. If a person wants to buy gold now, then they should buy silver, hope it rises faster, sell it when it is higher & then use the profits to buy more gold. At this point that's the only way for a gold buyer to come out ahead & perhaps get some extra for 'free'.

  • @Mauitaoist
    @Mauitaoist Před 3 měsíci +1

    A lot of us older folks have lots of silver already probably the best strategies find the right ratio of gold the silver that's works for you like maybe 10% of your dollars go to Silver 90 percent go to gold

  • @homesteadaquarius
    @homesteadaquarius Před 3 měsíci +4

    I'm still buying in safe amounts.
    The trend for the future will be gold going up and the dollar going down.
    Gold and silver are on sale still.
    Great quote.

    • @homesteadaquarius
      @homesteadaquarius Před 3 měsíci

      @@DrSchor Anywhere from a gram or a kilo. It depends on who you are.

    • @edb3877
      @edb3877 Před 3 měsíci +1

      @@homesteadaquarius And how much your wealth allows you to spend and still be comfortable.

  • @2manyhobbies971
    @2manyhobbies971 Před 3 měsíci +3

    You really like that high relief piece don’t you? I do too!

  • @Jimmyrig54
    @Jimmyrig54 Před 3 měsíci +3

    I am somewhat confused. I've been a subscriber to this channel for a while now and I enjoy the content. I am also a man who has shared the channel with my many friends and anyone I happen to meet during the course of the day. My question and the source of my confusion is,
    Why didn't I win some gold? I don't understand it.

    • @2is1gold
      @2is1gold  Před 3 měsíci +1

      The system is rigged Jimmy. Your CZcams name tells me you understand. 😄

  • @ingoditrust9544
    @ingoditrust9544 Před 3 měsíci +3

    Silver is a SCREAMING Buy!!

    • @aspiratedstreetwear3295
      @aspiratedstreetwear3295 Před 3 měsíci

      Yeah but this guy is a gold bug, and also like some channels seems to think everything revolves around the US economy, meanwhile it's mostly BRICS nations taking control of these markets.

  • @matthewjones5454
    @matthewjones5454 Před 3 měsíci +8

    Rooster! ...wait...

  • @bhoward9378
    @bhoward9378 Před 3 měsíci +2

    I continue to buy ASEs and fractional AGEs every month.

  • @cliffvanharen177
    @cliffvanharen177 Před 3 měsíci +3

    Buying but hoping for a dip

    • @edb3877
      @edb3877 Před 3 měsíci

      @@DrSchor Because the desired dip might not come. This is how one hedges their bet on gold. When prices are high, buy less.
      When prices are low, buy more. Over time, this is a very workable investing strategy, regardless of the asset under consideration.

  • @alexpearson8481
    @alexpearson8481 Před 3 měsíci +1

    Always an outstanding video!! Has anyone heard an updated cost to produce an ounce? Apparently it was 1200 back in 2014 but Google seems to say it’s still at 1200 as of 2022?

    • @edb3877
      @edb3877 Před 3 měsíci +1

      "... but Google seems to say it’s still at 1200 as of 2022?"
      Doesn't seem likely after everything else has gone up by 30-50%, does it? Based on the Smart Asset inflation calculator,
      $1200 in 2014 is now almost $1600 today. This feels low to me, so I am adding another $400 to this to get it to $2,000,
      which seems more reasonable.

    • @nanan75
      @nanan75 Před 3 měsíci

      around $1450 said one miner, I forgot in which yt video

  • @thaYESKIMO
    @thaYESKIMO Před 3 měsíci

    My local pawn shop said blue collar people are selling their silver. They put more money out than all of last year combined

  • @boilermatt
    @boilermatt Před 3 měsíci +2

    I'm not sure how I feel about (just barely) missing the "younger than 45" stat... 🤨

    • @2is1gold
      @2is1gold  Před 3 měsíci

      Ha! Just missing a demographic segment is always painful. 😅

  • @213thAIB
    @213thAIB Před 3 měsíci +5

    What is the alarming news?

  • @voiceofraisin241
    @voiceofraisin241 Před 3 měsíci

    What really needs to happen is states changing their laws that allow debt to be paid with precious metals. I think Utah allows at least gold.

  • @shacklord
    @shacklord Před 3 měsíci +2

    All I can say is wow...1/2 oz gold eagle on the way.

  • @alwaysmoody800
    @alwaysmoody800 Před 3 měsíci

    What pen & pocket notebook do you use ? Best Regards from Daytona Beach , Florida .

  • @edhale2
    @edhale2 Před 3 měsíci

    If gold were to hit $27,000 would most LCS be able to buy from people rushing to sell?

  • @davidparker5345
    @davidparker5345 Před 3 měsíci +1

    You mentioned generations using gold as INVESTMENT instead of a method to HOLD ONT TO WEALTH and not have a lost to inflation SO WHICH ARE we / YOU going with? A way to hold wealth or investment?

    • @2is1gold
      @2is1gold  Před 3 měsíci

      State Street said investment.

  • @daleyfamily2179
    @daleyfamily2179 Před 3 měsíci +3

    Alexandre Dumas, Author of the three musketeers, Interesting what was going on in France during their time and what is going on in the USA lol.

    • @2is1gold
      @2is1gold  Před 3 měsíci

      We have it easy in comparison. 😄

  • @carlo7849
    @carlo7849 Před 3 měsíci

    I'm 43 and just started buying gold/silver 3-4 months ago. I'm always gonna buy no matter what the price is. It's mainly an addition to my 401k for retirement. But it's also becoming a fun hobby that I wish I started years ago.

  • @tonyjensen217
    @tonyjensen217 Před 3 měsíci

    I'm glad many are getting there money's worth, but another problem relates to us younger generations who want to invest but the price keeps increasing making it seem near to impossible sometimes to get any. Even fractional.

  • @natemr4482
    @natemr4482 Před 3 měsíci +3

    Great video brother thanks for the info have a great week 🥃🥃🥃💪

    • @2is1gold
      @2is1gold  Před 3 měsíci +1

      You too, Nate! 🥃

  • @mrknowitall126
    @mrknowitall126 Před 3 měsíci

    Bought my first 1oz and 50g pamp gold bars today.

  • @ilevakaM9
    @ilevakaM9 Před 3 měsíci

    Great video yet again! What are you using to record? Your picture is beautiful!

  • @Thepatriotstacker
    @Thepatriotstacker Před 3 měsíci +6

    Let’s go buy it why you can!!

    • @edb3877
      @edb3877 Před 3 měsíci

      @@DrSchor "while", no doubt.

  • @sheilae.64
    @sheilae.64 Před 3 měsíci +1

    Lots of good info! Thanks for your content.

  • @jaybarr3307
    @jaybarr3307 Před 3 měsíci

    Although I bought a quarter-ounce gold Maple just yesterday, I've backed down my PM purchases substantially. About 75% taking yesterday as an example. I have a good sized stack already, which helps, but I'd hoped to keep adding up until I retire which isn't far off. At that time I don't plan to buy any more and may, in fact, sell an ounce or two occasionally to supplement my income from other investments.

  • @benoone9573
    @benoone9573 Před 3 měsíci

    Thanks. Buying some silver from people who want to cash in already. Their problem. Focusing on fractional gold and some numismatic gold that goes high on that market. The historic connection - gold has been highly valued throughout human history. I wish I had more fiat to go to gold...

  • @user-pd3hp5jn8g
    @user-pd3hp5jn8g Před 3 měsíci +1

    Great job!!! Another no nonsense tell it like it is presentation. Thank you.

  • @only1vic80
    @only1vic80 Před 3 měsíci +1

    I’m younger than 35 I’ll be 31 in a couple months 34 oz gold 986 oz silver and only stacking more

  • @goldbearbunny4787
    @goldbearbunny4787 Před 3 měsíci +1

    Iam doings othere thing's for the summer but come fall i will be back buying gold no matter what the price

  • @Sunsetstacker
    @Sunsetstacker Před 3 měsíci +5

    I took advantage of SD Bullions 1oz Gold Buffalo at spot $2,425. I’m happy about it😊

  • @Pat_Smith778
    @Pat_Smith778 Před 3 měsíci +2

    Knowledge indeed

  • @Spirit-FilledMindset
    @Spirit-FilledMindset Před 3 měsíci +2

    We were already in a depression in 2023, that is why they weren't fighting a recession then. The recession was in 2022.

    • @TK0_23_
      @TK0_23_ Před 3 měsíci

      You haven't seen a depression. You really think last year was a depression?

  • @smitty923
    @smitty923 Před 3 měsíci +1

    Sweet! Jim revised up from $10k to $27k. 😂

  • @humzilla707
    @humzilla707 Před 3 měsíci

    The US currently values it's gold at $35oz I believe so it could revalue the gold to some insane price to cover it's debts but it wouldn't change spot or at least not by much.

  • @charlesdenney1
    @charlesdenney1 Před 3 měsíci +1

    Informative video. Thanks

  • @janicejohnson1334
    @janicejohnson1334 Před 3 měsíci

    I'm very heavy in Ag and about 25oz in Au . . Last week I sold off some Ag to buy 1oz GML . . Glad I did . . . . For now . . . I'm sitting tight . . stacking the other PM aka Brass & Lead . . ie HP / 62g / Dragon Breath / 00 just to name a few

  • @hellzed6243
    @hellzed6243 Před 3 měsíci

    Thanks. Enjoyed listening to that. I love the fact that stackers are all alike and are a bunch of normal people but with the same passion and admiration for precious metals. Yet I find that the idea is the same but the outcome is so different. I like to hear everyone’s take. I know what I believe and it’s one of the extreme outcomes but I’m not a pepper stacker either. I just want to be ready either way but fell in love with the precious metals.

  • @BertsDad81
    @BertsDad81 Před 3 měsíci +1

    Another great video! Keep ‘em coming 👍🏾🍻

  • @rakeshapalpal7392
    @rakeshapalpal7392 Před 3 měsíci

    How is Fourprime's Token better than anything else right now?

  • @SkyCharter
    @SkyCharter Před 3 měsíci

    It seems the gold to silver value ratio has re-normalized to about 76 from the previous 90 or so with this recent silver spike. Perhaps silver is simply catching up. If so, things may calm down for a bit.

  • @nebniab
    @nebniab Před 3 měsíci +4

    GOLD! Oh.. the giveaway already happened.. um.. stay the course!

  • @DeshrajSingh-kb7ns
    @DeshrajSingh-kb7ns Před 3 měsíci

    If Fourprime's Token has the growth as it has atm then no doubts it will dominate the industry

  • @Jmoney1981
    @Jmoney1981 Před 3 měsíci

    Thank you for this. Very informative. Cheers!

  • @23Keith23
    @23Keith23 Před 3 měsíci +1

    I'm still saving money for gold I don't know if I would hold on to my money once I had enough or make a purchase idk

  • @SweetLeavesXbox1
    @SweetLeavesXbox1 Před 3 měsíci +26

    Only saving for gold. Probly never buy Silver again. Premiums are ungodly for Eagles.

    • @omaratamimi2372
      @omaratamimi2372 Před 3 měsíci +1

      How come? Bc of premiums for silver?

    • @sbentsen2714
      @sbentsen2714 Před 3 měsíci +5

      Eagles 👎🏼 go for generic silver or foreign sovereign coins

    • @SweetLeavesXbox1
      @SweetLeavesXbox1 Před 3 měsíci

      @@sbentsen2714 IL stick with gold.

    • @zzyzxRDFwy15
      @zzyzxRDFwy15 Před 3 měsíci +3

      Only buy Silver Eagles when the premium is 3 - 4 dollars or lower over spot price. The time period to buy them is usually short but a buying windows opened a few months ago. Silver Eagles are in a sub-silver bullion market of their own.

    • @SweetLeavesXbox1
      @SweetLeavesXbox1 Před 3 měsíci

      @@zzyzxRDFwy15 It really isn't.

  • @allansfarm2
    @allansfarm2 Před 3 měsíci +2

    33 here brosky! Haha, thanks for another great vid. Keep up the good work.

  • @superstar5123
    @superstar5123 Před 3 měsíci +15

    I'm 22 🤣been buying since 21, wish I started earlier

  • @lightw8jay
    @lightw8jay Před 3 měsíci +1

    Thanks for the panic attack lol. You should of just titled this video "The end is now"

    • @2is1gold
      @2is1gold  Před 3 měsíci

      😂 I might have been proving a point. Sorry for the 🚨

  • @cphipps1969
    @cphipps1969 Před 3 měsíci

    Still buying gold if I can find a deal (SD had gold buffalos at spot over the weekend), but holding off ion silver for now.

  • @jamesmoreno3434
    @jamesmoreno3434 Před 3 měsíci +2

    Best channel for gold news!

  • @azerovc
    @azerovc Před 3 měsíci

    2:18 no, the current debt is $34,755 trillion

  • @jamesdoe3713
    @jamesdoe3713 Před 3 měsíci

    Still buying both G & S hard, buy what you can while we are all still able.

  • @ssr4656
    @ssr4656 Před 3 měsíci +1

    Great video! Just wondering about the knife?

    • @2is1gold
      @2is1gold  Před 3 měsíci +2

      Thanks! It's a Holt Haptic.

    • @ssr4656
      @ssr4656 Před 3 měsíci

      @@2is1gold Thank you! I like quality knives

  • @PepeCoinMania
    @PepeCoinMania Před 3 měsíci

    That stuff is severely overpriced they always find more gold it’s not scarce

  • @shimsteriom4191
    @shimsteriom4191 Před 3 měsíci +1

    Holding my stack, this has room to move.

  • @superdutyohv3401
    @superdutyohv3401 Před 3 měsíci

    Are you still making scheduled purchases or holding for a while to see if prices come down?

  • @bestprice1776
    @bestprice1776 Před 3 měsíci +1

    I can't believe people still buy gold and silver. I guess some people still buy records and cassette tapes even though the digital version is so much better kinda like Bitcoin

  • @ProudAmericanAmerican
    @ProudAmericanAmerican Před 3 měsíci +3

    Is Gold really going up or is the dollar just going down?

    • @RtaniDean
      @RtaniDean Před 3 měsíci +2

      Exactly. Not about gold per se’, but it’s about other countries dumping fed res notes. Period. Thx.

    • @edb3877
      @edb3877 Před 3 měsíci

      @@RtaniDean Actually, it IS about gold per se in that the central banks of the world are snapping up 1/3 of all the gold mined in the world.
      If that kind of new buying isn't influencing the price, then supply and demand are not working any more. But it is also a case of the US$
      and other national fiat currencies falling in purchasing power. Those in power never seem to want to compare their fiat currencies to
      gold, only to other fiat currencies. This is because gold is the clear winner in those comparisons, thanks mostly to inflation. Most do
      not know that when the US was on a gold standard, inflation was very low and almost non-existent. Fiat currencies, on the other hand,
      are ALWAYS over-printed, so generate a lot of inflation. Gold and silver cannot be printed / created out of thin air, are rare, and many
      people see them as desirable. Because of that they have real intrinsic value... unlike any fiat currencies, which have no intrinsic value.
      The only value a fiat currency has is when the people using it agree that it has value. Once they stop doing that, these currencies have
      no real value whatsoever and very quickly disappear into the dust bin of history.

  • @wda-59-14
    @wda-59-14 Před 3 měsíci

    Not buying silver but did some window shopping. Re gold, made my May purchase before the jump...taking a beat before making my June purchase.

  • @jeffkeller9009
    @jeffkeller9009 Před 3 měsíci

    For me, Still slow and steady squirreling away.

  • @rogerjohnson8707
    @rogerjohnson8707 Před 3 měsíci +1

    Is $2000 gold gone forever?

  • @maryperrysmith5815
    @maryperrysmith5815 Před 3 měsíci +1

    I’m so glad I found you !!! You explain the situation so well. Indiana does not tax us on silver or gold buying. YET!! Ok did I hear you say YOUR OLD. IM 69. IM OLD !!! What about China. They do not let any gold leave the country!!!

    • @2is1gold
      @2is1gold  Před 3 měsíci +1

      Young at heart! 😄

  • @boilermatt
    @boilermatt Před 3 měsíci

    "Hey, look at what the prices are doing" 🤣🤣

  • @elle1014elle
    @elle1014elle Před 3 měsíci

    Great info.! 😊

  • @72cmcinc
    @72cmcinc Před 3 měsíci +1

    27K gold....little premature : ) Still buying gold and bourbon too. Each new ounce of gold I buy I need the bourbon!

  • @rd9102
    @rd9102 Před 3 měsíci +1

    I am sad, my precious metals are going up but unfortunately my Dollars are going down. That is why i have the precious metals to begin with but it still makes me sad because i am aware almost everyone i know will suffer as the Dollar gets weaker and they don't know what to do and the few i have talked to brush me off.

    • @rd9102
      @rd9102 Před 3 měsíci

      @@DrSchor Who are you child?

    • @edb3877
      @edb3877 Před 3 měsíci

      Those who refuse to listen cannot be helped, unless you are willing to stack some extra PMs for them. I do this for my wife, daughter, grand son, and grand daughter.
      My son is doing very well now and does not need my help. He also stacks some silver but more silver or gold would be good. I need to convince him that this is the
      way to go in the coming days. If not, then I also have some for him. Try not to be sad. You are doing what you can and that's all any of us can do. I was thinking
      about this very subject last week. My 1st gold buy was for 5 1-oz. Maples, which cost just under $6,000 at that time. These days, one can get about 2.5 ozs. of
      gold for that same $6,000. I am now raising the amount I spend so I can get 3 1-oz. gold coins. I like AGEs and ASEs but also buy Canadian gold and silver coins
      plus some gold Britannias. I also own some fractional oz. gold coins. I know that they have a higher premium but they also give me greater flexibility when selling,
      so are worth the higher premium to me. To others, they are not worth it, so it is up to each of us to decide whether or not these fit into our stacking plan.

  • @jeffrummell2348
    @jeffrummell2348 Před 3 měsíci

    Not the US. But, what about the BRICs? going to the gold standard?

  • @lawterian
    @lawterian Před 3 měsíci

    GenZ here, I was the catalyst for my parents to start holding gold and silver, usually it’s the other way around 😂

  • @TheQuickSilver101
    @TheQuickSilver101 Před 3 měsíci

    Yes, I'm still buying just not like I was a few years ago or even last year. Ungodly amounts of debt are something I have always found unsettling so hearing numbers like those drives me to buy more. Maybe I should head to my lcs...

    • @edb3877
      @edb3877 Před 3 měsíci

      I'm 100% with you on debt. My depression era mother taught me a lot about money and debt and she was very much afraid of excess debt. Some of that rubbed off
      on me, causing me to also avoid debt whenever possible. To that end, I always bought a modest house and paid it off as soon as I could. I always saved some from
      every paycheck, unless there was a problem that spending some money could fix (think car or roof repairs). In 2014, I became debt-free and the experience was most
      liberating. I haven't had any debt since then and don't want any. Spending money doesn't give me the satisfaction that some get from it. Saving and investing does!
      I do buy myself a goodie now and then, such as the parts to completely rebuild my PC back in 2020 or to buy a new 55" Sony 4k TV in 2023. In both cases, I shopped
      for what I wanted and got them at good prices. Doing this for my lifetime has resulted in a fair amount of wealth that can protect my family from hard times. A good
      share of this is in silver and gold, in my home, and in the stock market. My 2 kids and 2 grand kids will benefit from this after I am gone and I'm fine with that. Cheers!

  • @Fedoratip79
    @Fedoratip79 Před 3 měsíci +3

    Not buying anything, trying to get some cash together to be ready for a surprise.