Should You Buy Gold at $1800?
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- čas přidán 24. 07. 2024
- Should You Buy Gold at $1800? In this video I talk about buying gold and the fact that gold is now over 1800 Dollars an Ounce. Gold is nearing all time highs and buying gold still seems like a good idea so I break down the reasons you might want to be buying gold and the reasons why you might not want to be buying gold. With gold now over $1800 it seems like there might be less and less potential for gains although it is hard to tell when gold will stop going up. If you are wanting to invest in gold or buy gold as an investment then you really need to plan accordingly. Because gold is over $1800 now it really only has about $100 to go before it hits the all time high of $1921 an ounce. If you want to buy gold coins or buy gold bars than now might be the time. I want to continue to buy gold bullion and I also think it is a good idea to buy gold and silver. Silver has a lot of potential as well but I mostly talk about buying gold now in this video. I am still buying gold although it is more for gold stacking and not gold investing. I hope to hold my gold for a long period of time.
Silver, Gold, or Platinum? What is the Best Buy RIGHT NOW?!?
• Silver, Gold, or Plati...
My Website:
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Check out SD Bullion for AWESOME Deals on Gold and Silver!
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Below are some AWESOME products that I use:
Inexpensive Scale for Weighing Silver and Gold
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Black Ring Capsules for most Silver Bullion Coins (38mm)
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Thanks for watching!!
Disclaimer: Some of the links are affiliate links where ill earn a small commission if you make a purchase at no additional cost to you.
Topics I cover in this video: buy gold, buy gold now, buy gold bars, buy gold and silver, buy gold online, buy gold stacks, buy gold coins, buy gold bullion, buy gold 2020, buy gold and silver now, gold over 1800, gold over $1800, gold over $1800 an ounce, Gold surpasses $1800, Should You Buy Gold at $1800
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I don’t like having money in the bank, I prefer to have it in gold and silver.
yes and cash is much better than the bank as well! 🔥🐉
Received my 1st ounce of silver in the mail today----AND IT BEGINS!!! :)
Best of luck to you.
Congrats man! It’s an addiction once you get going lol if you consider saving money an addiction that is ;) it’s like could go buy that thing I don’t need or I could buy more silver. Just picked up 30 ounces a couple days ago
Golden State Mint is having a 4th of July sale that ends Sunday evening, 7/12, so you might check into that. They make interesting silver rounds, and have a little gold, too. I've bought their 1-oz Aztec Calendar silver rounds 🤠
Bought my first ounce in April 2020. I now have well over 200 oz of silver and nearly 2 oz of gold. It's an addiction, be careful.
Boris Badenov nice man I’m up to around 150ounces I think one thing I have is a old collector sterling bar set that’s worth like 4,000$ being one of two complete sets in the world and it’s 75 ounces or 68actual ounces of silver
I'm in it for the long run. Imagine the value of gold and silver in 20-30 years time. Stack and stack until the wheels fall off haha
@Uniroyal Mish sell it abroad then. In the UK we never had it banned and we have tax benefits if we sell our gold and silver bullion
20- 30 years? The wheels are already falling off!
Thanks for this comment this made me think deep man
@@moneyiskey4252 no worries man. 🤝
@guided one I'll be moved on by that point! Amen
Thank you for making this video, I recently got into buying gold and wasn't sure if it was a good idea
you are welcome and good luck stacking my friend! 🔥🐉
Thank you for good information.
you are very welcome thanks for watching! 🔥🐉
Great one 🐉 very good points and strategies to think about. Love it.
thanks my friend! 🔥🐉
IF gold passes $2000, we are gonna wish we were buying gold at $1800.
isn’t that the truth 😏🔥🐉
I was going to buy an oz at $1,100 4/5 years ago. But ended up not doing it.
If you look at comments on old videos, you can see things like "it's too expensive now at 1300, I'll wait for it to dip below 1200 before I buy some". And it never did. 1300 sounds pretty good around now 😁
2000$ on the way
Almost there 😉
Thanks for the useful info! Also viewers’ comments are helpful!
thanks so much my friend! the comments are the best part sometimes! 😁🔥🐉
Very well spoken, Dragons! You breathed out not only fire, but very good words of wisdom as well!🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
thanks so much my good friend!!! 😁🔥🐉
New to your channel thank you for placing links on where to purchase and all your videos. I'm very new to this and protecting myself by not knowing when cash will no longer exist 😩
Great video.
thanks so much! 🔥🐉
Top video mate
thanks so much! 🔥🐉
I 100% agree with you SD! I fear the economy may worsen. My biggest fear is hyperinflation . Gold is one of the most recognized forms of value worldwide. Storing your wealth in something outside of fiat is a great way to hedge your bets against the dollar. A quick look at a chart that shows the purchasing power of the dollar over the years is a great indicator of why you should buy gold.
yeah if we have hyperinflation then all bets are off 🤦🏽♂️🔥🐉
Great content 👌 👏 👍
thanks a bunch my friend! 🔥🐉
What metrics do you use to gauge if gold (or silver) is over-, fair or undervalued?
By the way, have you seen the latest FED statements? The FED actually shrank its balance sheet! I didn't see that one coming.
I look at gold and silver compared to each other. to me silver seems undervalued 🤷🏽♂️ yeah we will see what their actual spending looks like though 🔥🐉
An Year forward 2022, $1800 sounds very doable. Thank you for sharing.
The video was really helpful. I am new to precious metals. Are online sellers like Ampex, JM Bullion good place to buy? or its better to find a local store? Also, does the year matters, like should I buy new 2020 coin or any older gold/silver coin is fine?
Thanks
yeah buy locally or online whatever is cheaper... year doesn’t matter 👍🏽🔥🐉
Depends on if you are a stacker or an investor. A stacker is pretty price insensitive, an investor, not so much.
yeah I agree with that for sure! 👍🏽🔥🐉
So when you buy gold and silver coins what do you do next wait and hold till it goes a lot higher than sell or just hold it to hedge your dollars
Yes! Because right now, each months gold price is rising up to over $100
it is trending that way for sure! 🔥🐉
It will continuse for a decade
You're right so far haha
do you buy specific gold coins bars etc? like eagles that carry a higher over spot price? or do you just try to get the cheapest spot above spot to accumulate the most gold for your $$$?
cheapest right now works... I like SD Bullion 🔥🐉
Hey SD, I'm new to the silver stacking and precious metals game. I've been focused primarily on silver (Recent college grad with little fluid income) and am trying to diversify my portfolio. I see that copper prices are extremely low but that they've also never moved significantly. I'm wondering if copper if something to not go into as it does not appear to be similar to that of Gold, Silver, platinum and palladium. Do you have any copper bars, rounds, or copper anything? Also, I saw your P.O. Box is for Gresham, OR. I just back from visiting a buddy in OR and we passed by there a few times. I love the OR and your happy & kind demeanor make a lot of sense now. Thanks again for all the videos, Much love from Hong Kong!
copper is not gonna go up in price unless demand goes up and I don’t see that anytime soon.... also you need a massive amount of it 🔥🐉
Silver Dragons, What do you think about the Pamp Lady Fortuna gold bars? From a reputable dealer of course.
those are popular but I like coins better 🔥🐉
Were can I buy those coin caps that hold the coins you have in this video?
what are your thoughts on 80% Canadian junk silver? Ive been buying some at spot locally, thinking of buying it all....Im new to stacking, so Id appreciate any thoughts.
yeah if you can get it cheap but as much as you can! 🔥🐉
What are the chances we get a pullback of 10% for gold in 2020-2021? My plan is to wait and buy the dip. I think given historical perspective that it’s a smart gamble than to rush in at the current spot price plus mark up.
if we get a pullback then buy the dip! 🔥🐉
Definitely. I don’t need a huge drop to feel good but I’m looking at spot price of 1700/oz as the Target buy in price.
thanks for sharing.. just to add, gold made a rounding bottom chart pattern since the early 2012(based on monthly timeframe)... or called saucer pattern, looks bullish if breaks out 1800/oz. will break out and then back on 1800 before firing up for the next decade bullrun based on the pattern prediction. So gold bullrun might have just started....And i would convert my silver to gold once silver landed on Moon...lol. liked your video.
if the bull run just started this is gonna be quite the ride 🔥🐉
I am buying Utah Goldbacks. Do you think they will hold their value longterm?
yeah I think that they are intended more for bartering not price exposure though... i’ll do a video on them 👍🏽🔥🐉
I guess my next question would be is what or how much is considered alot of savings or extra cash?
Also I think it was Silver Dragon who recently pointed out that the premiums for silver is much higher than for gold. Pay $25 for a silver eagle when spot is $18. That's a 25 % premium. Buy a 1 oz Gold Eagle for $1900, when the gold spot is around $1800. a less than 8% premium. Gold is the better but and much easier to transport.
I think both have positives and negatives so diversify! 🔥🐉
Love all your videos. Bought my first constitutional silver today at flea market. 110 for $6.75 face. Got a few nice walkers, Franklin's in BU and rest in quarters, some walkers have mintmarks. I feel it's kinda high but 9 halves, 9 quarters in 90 % silver I see going higher than $10 a pice for halves. It was on a whim.
Guy was over priced on alot of stuff. He had an older 10 oz Englehard bar with a$300 price tag. I needed some so I bit. He's charging$17 to $1 face. Too high ? Thanks and keep videos coming!
yeah $17 is higher than I would pay... 14.3 is $20 an ounce 🤷🏽♂️🔥🐉
@@SilverDragons47 thanks. I don't know the ratio on that stuff. Thank you again
I looked at it because they have a face value too. But I see your point. Paying 17 for not even a full oz per dollar
So I bought my first bit of silver today (brand new to stacking). Bought 20 1oz rounds. But looking at gold, even if I can buy 1oz why would I buy it at $1800. Do we really think it'll break $1900 or $2k? I guess my hesitation is if I buy now, will it suddenly drop and I lose that money. I want to start practicing DCAing but buying at such a high price seems counter intuitive to me.
yeah it could go up or down 😏 we will see 🔥🐉
Maybe you could do a video on the resilience of a clad coin vs a silver coin
great idea my friend! 🔥🐉
I would just like to point out that the gold historical high price you mentioned from 2011 is equivalent to over $2,220 today. 👍😎
Is there a scenario where the debt levels continue to climb but gold prices can go down?
Is it possible for gold prices to fall even if government debt goes up?
yeah if the demand isn’t there prices will fall 🔥🐉
Guys, what do you think about stacking silver/gold instead of putting into pension funds? Would it be worth it?
I'd say do both, put some money aside for gold and some for pension funds. Pension funds is more liquid than gold, but the growth depends on the stock market. Gold is relatively less liquid but it's inflation-proof. So buy investing in both, you get the best of both worlds.
Should I buy American Eagle Gold Coins at $1880 or Canadian Maple Leaf Gold Coins at $1850? Are there more benefits to holding US? Or is Canadian coins just as useful?
if you sell a bunch of 1 oz maples you have to fill out an IRS form... not the case with eagles 🔥🐉
Silver Dragons Thank you I will go for the Eagles!
I’ll always stack gold and silver little by little. But I never pay high premiums. I have good relationships with my coin people. Just shop around and don’t over do it on the sites, eBay, etc. Even if the price goes down sometimes the premiums go way up. My guy said when silver dropped heavily in March people swarmed his shop desperately wanting silver and he didn’t sell any he held it all.
it’s good to have people that can hook up that low premium! 🔥🐉
Over 2k at the moment. Makes me wish I bought more when it was 1.8k an oz.
I have 3 gold coins, 1 constitutional and 2 foreign. I've bought them all near spot getting lucky on deals. Right now I'm focused on putting together a bushcraft rig so I can get back into camping and lose (ALOT) of weight, it's also practice for a bugout situation. I still found some money to get a tiny 2 peso gold coin this week and I scored it for $80 using ebay bucks. I will continue to focus on constitutional silver and grab a gold deal when I see one.
@@TruthLivesNow I already have it, lost 8lbs so far.
nice deal you got on that 2 peso! good luck with the weight loss 👍🏽🔥🐉
If the dollar goes down to zero, how much will a silver coin be worth?
How much gold is a lot?? I guess it depends on your financial situation . My portfolio is 60% gold and 40% silver. Just ordered a gold buffalo from Hero Bullion.it was the most I paid yet for 1 oz. of gold at $1864.
Hero is looking like a nice new front runner for online orders! 👍 I'm looking forward to making my first purchase with them soon.
You didn't really "pay" you just converted.
I just bought a 1/10 oz from them yesterday.
Hero sold out of the 2020 1/10 oz AGEs on July 4, but I didn't care about the date, so I was able to get what turned out to be a 1999. Delivery was fast (USPS is doing well these days, even going uphill to where I live), and I will shop at Hero again the next time I think of something I need. Also, Silver.com is good. Sometimes shoppers have to check out several sources for what we want and hope we find a reasonable price!
a lot Is very much situational. congrats on that purchase! 🔥🐉
I'm just starting my journey but my plan so far is stack gold, stack and invest in silver. With this I mean sell reasonable amounts during the next big hype that I believe and hope it's gonna happen, and than with that profit use it to buy silver with the stacking objective. Happy to accept opinions on this. Thanks
I think it’s very possible that will work out. I like silver for the volatility 🔥🐉
Of course for the long game it’s pure wealth especially when they have to revalue the market and our government continues to print more currency
yeah long term you will be ok for sure! 🔥🐉
It’s really hard to buy gold and silver at the same time.
I am having a pretty hard time adding gold to the stack when I can get 100-1 silver to gold.
I am worried about inflation. The lady and I stocked up on all essential items months in advance some things years in advance.
I expect everything to start getting more expensive this next couple years.
With premiums its closer to 80 to one
Silver premiums are 15%. Gold you can get at spot if you shop around locally. So the ratio isnt as dramatic as you think. Gold is a tier 1 asset. Silver is an industrial metal. Silver very volatile, gold relatively stable. It's safe vs speculative when you're going to gamble. I'd say go long both. Like very long as in dont sell unless you dont have the cash for your rent.
@@CosmicCosmo1 I think gold is the better buy, but silver is the gold of the future
Olaf The Mighty great comment!
that is smart to buy essential items! i’ll bet with inflation they will get more expensive for sure 🔥🐉
Wow I'm way out of wack. As of today. I have pounds and pounds of silver. Mainly coins and 1 oz bars. Have a few dozen 10oz bars. And as for gold Im rocking maybe 6 grams lol!
But I'll change that when the price drops back down to at least 1600 a oz. It will again I bet. Im going to save some cash " because of your last video" and buy some gold when it hits my target price! Thanks silver dragon!! 🐉
I had hundreds of ounces of silver before I ever considered gold... good luck stacking my friend! 🔥🐉
I might trade out some of my silver for gold if the gold/silver ratio tightens up somewhere below 40.
i’m sure lots of people will be doing the same 😏🔥🐉
I have almost 1 oz gold 😣 trying to build up silver and gold at the same time on my budget is difficult!
it is hard for sure! good luck my friend! 🔥🐉
Been stacking for a year, not sure if I’m even at an ounce yet. The price is so high now I need to spend double to get an ounce in a year.
which is worse, Inflation of the fiat money, or the buying high prices relative to sell low price of gold with Gold and silver dealers when your trying to invest in gold?
Big, big question you are proposing. There are all types of answers, it all depends on why you are wanting gold and or silver. When you say "a lot of Gold", how much is a lot?
depends on how big your portfolio is... might be 5 ounces for some and 500 ounces for others 🔥🐉
How the best way to pay gold and where to selling and get the best price
I like SD Bullion 🔥🐉
Awesome dude. Love the content. I’m hardcore gold for right now. Most people on CZcams are all silver but gold is the key! Keep up the good work!
thanks my friend both are good options! 🔥🐉
where can you buy physical gold and silver
I like SD Bullion 🔥🐉
Hello SD, I have silly/dumb question regarding 1/4oz or 1oz. If you have $$ to purchase 1 oz gold coin, do you purchase 1oz or 4*1/4oz coin? My reason to buy 4* 1/4oz is, in the future it will be easier to offload in bits. Yeah:) Buying 1oz saves premium.
I would buy the 1 oz 🤷🏽♂️🔥🐉
@@SilverDragons47 thanks for sharing your thoughts.
Bought it from nationwide for $1779 an oz getting started for American gold eagle + 1 free silver oz. 👌
On Friday the 4th, when you told us about Hero Bullion, I wound up buying a 1/10 toz AGE from them. I paid about $50 more than I paid March 10 at my LCS (which I don't know if it is still in business...). But it was a better price than anywhere else at this time. Hero Bullion has become a go-to online shop for me, thanks to you. Would I buy the same again if it reflects current spot (Saturday, 7/11 gold is resting at $1,805.80, silver at $18.83). I think I'll hold off, I'm satisfied... unless I find more old silver jewelry at yard sales!
the cheap silver is that best silver! 🔥🐉
@@SilverDragons47 -- cheap but ultimately useful (as per ones goals) is even better 🥰😁😃 Oh, I should be receiving another 3 sets of 2012 Atb Silver mint sets tomorrow... beauty and potential usefulness when I may be able to use them for barter (or even sell them for more than I'm paying now).
I have 25 ounces of Gold (Pamp Sussie one ounce bars) and 500 ounces of Silver 2020 Canadian maples leafs. What do you guys think? Good number?
Not enough
Damn, what’s your adders n when will you not be home...😂😅😁😇
great stack my friend! i’m much heavier into the silver lol... 🔥🐉
Platinum for the flip Gold for the Dip! haha I am waiting on a Gold Dip! Will it happen? Maybe, maybe not if it doesnt dip oh well Ive got heavy silver and a nice Platinum stack and a little Gold, if it does dip then Ill pick up but I am very hesitant to its current spot at almost all time highs.
I don't think we have seen the highs yet, perfect storm is brewing for all PMs
Brandon Hargis that’d be nice!
yeah it’s hard to buy at all time highs 😬🔥🐉
I get a free slurpee today, it's my birthday!
happy birthday
happy birthday! go get it! 😁🔥🔥
Thanks! Sadly 7/11 canceled all free slurpees yesterday due to covid 19.
What flavor is your mom getting ?
I buy gold as a haven, yes, buy also as an investment. I have price points in mind for selling (and if it never reaches that point I will hold and pass down), and will do so when it reaches said price points. What goes up must come down, however, so I’ll just sit on the cash and then repeat when gold goes back down to $1,400/oz. And it will. I’m heavy into gold, so yeah, I’m not buying right now, just waiting for certain parameters to be met and I’ll do this all over again. The problem? I gotta get original in making videos! Can’t keep showing the same pieces over and over! 🤪 I also prefer cash in hand over banked. Generally I keep 6 months reserve on hand in various denominations. Wouldn’t recommend all benjis!
Star note videos?
I agree! Plus, Grant’s are the way to go...
I agree with everything you said.
Yes it will drop to $1400ish!!! Give it a few of months. 10 yr Cup and Handle or Inverse Head and Shoulders?
Generally, everybody is getting too excited about the gold price (and silver too) and how its just gonna keep rising. Its like gold bugs and stackers are blinkered and dont look at the TA side of the argument. Unless both are in place, its going nowhere soon. A rising dollar in the meantime will see to it.
Silvers time isnt going to be for a couple of years yet and its just possible a back test of the $8/9 lows.
hey if you are buying for the videos then technically it’s a tax write off but owned by the business 😏🔥🐉
I bought some. We’re in a bull market. Damn the price. It’s going up. Silver though, isn’t showing a consistent bull, just yet. Might hold out for that one.
silver might be just getting warmed up... we will see! 🔥🐉
Silver Dragons It’s looking that way. Momentum coming in. It’s going to be a good couple years.
well i think that rising prices are good for the workers that produce the metals and they are a better savings account then the banks
much better than the banks for sure!!! 🔥🐉
I just added my 1st 1/10thoz gold eagle today! I traded 9oz of generic silver 1oz bar's I paid 18_20$ a piece and my lcs gave me 20$ an oz so I gave him 9oz of silver bars and 20$ and got a 1/10th oz gold eagle! What do you think?
not all that bad keep stacking my friend! 🔥🐉
so 20.00 - 18.20 = $1.80 profit 9 times $1.80 = $16.20 how much was the 1/10 oz gold??
@@SilverDragons47 you don't know how much he paid for the gold so how do you know if it was a not bad deal?
@@paulbunyun-xi9by I traded it when I was new to stacking and gold was on the rise! The good was 235.00$
@@paulbunyun-xi9by I just subbed to you bro! Silver Stallion
Before I watch the video I'm gonna say that gold isn't up, the dollar is down. I have been questioning the decision to buy gold over the past year and a half, it was under $1300 in January 2019. I recently started selling all my gold, I think now is the time to sell and buy silver. I don't think gold has anywhere to go but down.
idk I think that demand is strong for gold right now! 🔥🐉
He may get more gold later when g2sr deflates
I've seen this before, online dealers have gold premiums low under $100, last time this happened gold dropped in price. I wish I had their inside info..
yeah the gold premiums did go down! crazy how that works 😏🔥🐉
The demand was so high, then gold producers mined more gold. Not to mention the people that sold their gold. So the premiums are low because dealers can access gold easily.
Ok,...So...
I’m thinking Mr. SD that based on your hands, you are between 5’8 n 5’11, and are roughly 215 lbs...?!? Am I close?!?
😂😂😂😂😂 do you want my blood type as well? i’m on the tall side and still have a dad bod lol. 🔥🐉
I got 2 silver American eagle coins
Now it’s time to buy some gold!!!
oh yeah get at it and good luck my friend! 🔥🐉
What about $ 2.99 1/10 grain bar but only worth 35 cents. Anybody do these.
never bought one 🤷🏽♂️🔥🐉
During the pre-Covid hysteria roughly six to eight months ago I bought a half-oz gold Eagle NGC MS70 and It's already worth more than what I paid for it even taking into consideration the premium, the grading, the sales tax and the three percent premium I paid for a debit-card purchase.
that is awesome! I bought some gold back in the $1200 range... wish I had got
more 😂🔥🐉
Well duh. I bought an ounce last week and already have € 35 profit.
I'm painfully stacking cash and avoiding buying more silver and gold unless I get deals. I do get nervous holding thousands of dollars.
those deals are nice though 😁🔥🐉
@@SilverDragons47 I could get 10 oz provident silver bars today for 205.00. I wanna spend 1025.00 today so bad!
@@thousandaireradio3199 where ?
@@sunnydays4966 I found a local guy with 10 ten oz bars.
@@thousandaireradio3199 that no help to me there 229.00 on there website still a ok deal,
HELP!!! I currently have 1,400$ saved up. Should I buy sliver with it, platinum, or save up and get gold?
None of it. Gold and silver are too expensive, and the premiums on platinum may not be recoverable. Do the following in this order with that money, putting the remainder into the next tier:
1. Pay off debt. Debt interest is probably higher than any investment return you'll get.
2. Put it into a index fund. These have over the long term a 7-10% yield, which is ultimately better than gold. Why preserve your wealth when you can grow it?
3. Have the patience to save that money away for a time when this craziness subsides and the price of gold collapses. (Only a child needs to spend their money now to get instant gratification) Remember, gold's all-time high of $1921.40 only happened because some moron paid that and has never recovered his or her money. Never. Ever. Never. Not in the long term. Ever, ever. (Did I say never? :) ) You're probably a smart guy, so don't be the next moron. Dollar cost averaging only makes sense in stocks because they're backed by dividends, so even if you do buy at moron levels, you're still going to cash flow. Here with gold it just sits there and stares at you as you get pissed off as its price drops with nothing to offer as it does. With stocks you're investing; buying a part of a company and can properly evaluate how the company is doing to compare book versus market price. With gold, you're speculating; buying hoping that in the future there will be more fear and problems than we have now and hoping there's going to be a greater fool who will pay more than you did. Don't buy if the price is above $1350 for gold or $16 for silver, you'll statistically never make your money back again.
Long answers suck!!
Just get the SILVER ⁉️
@@firearmsstudent only a child spends their savings lol. Most people live pay check to pay check. Now most are furloughed at 80% of their earnings. 20 % loss. So they are probably spending on credit card to survive. I agree with most of your comment but not that section .
@@themiddlejourney6286 My advice was tailored to the person who has over $1,000 in potentially disposable savings, but in the case you described, buying precious metals is irresponsible for people living paycheck to paycheck or worse, living on credit to survive. How can you preserve your wealth if you don't have any? Your main objective should be getting put of that predicament.
@@kalolawahine9182 Short answers don't explain the situation properly, but if you want the summary, precious metals should be the last thing you're buying right now.
I'm still slowly accumulating both silver and gold. Been buying maples since their premiums have been lower. Plan to hold same amount in each as I do individual stocks. Since I don't know what the tax laws will be down the road I will just store it. I'll let my kids worry about it down the road. No plans to flip it at this point.
great way to do it my friend and maples are an excellent idea! 👍🏽🔥🐉
I suggest reading The creature from Jekyll island to learn about central banks and how we all get played. I have about 300 ounces of silver and 3 ounces of gold and will keep buying as I can afford it. I plan on holding till retirement and I hope it works out but no one can know for sure. One thing is certain the banks aren’t there to help you in any way shape or form. Happy stacking my friends.
holding until retirement is a great idea! stack on my friend! 🔥🐉
I want to buy gold to look at shiny gold everyday. Unfortunately I cant afford gold to do that :(
I started with silver... once you start saving it gets easier 🔥🐉
Just buy some fractional pieces. That's how I got started.
Yep, try the fractional coins or bars to get started. I'm sure you can do it!!
All of my gold is raw placer gold. Should I try to trade for coinage?
I prefer coins 🤷🏽♂️ good luck my friend! 🔥🐉
@@SilverDragons47 Most of it is beautiful Oregon gold. Just saying.
Where do you buy gold and silver and how can you trust that it's real?
I like SD Bullion. they sell legit metals 🔥🐉
You can buy GLD, that's real paper.
I am still buying 1000 Schilling Babenberger, Helvetia Vreneli 20 SFR, Austrian 4 Ducat Franz Joseph I, and Marianne Coq 20 FR
I’m buying 1/10 oz maples. And silver the marvel series. But I’m buying to protect and holding it for a long time. Also I grab silver rounds and bars man I’m in on all of it. Collecting/ stacking gold and silver. Keep some cash for emergencies that’s all.
very cool! I bought a lot of the collectibles as well 😂🔥🐉
I think Gold is a good "insurance policy". It's safe, holds value, and can cash it in when things gets tough, but there won't be any passive income from it
Still new. Got 1 1/10oz gold coin, and 8oz of silver.
My next paycheck will buy either 25oz silver or 1/4oz gold coin.
Yup...Buy the SILVER ‼️
very cool happy stacking my friend! 🔥🐉
Made $1800 in the market today. On a stagnant day, by doing nothing. Just sat still.
How much you make in precious metal today?
I make quite a bit. i’m sure you have lost a lot before. I have never lost with metals 🔥🐉
Silver Dragons I didn’t realize you could really make money stacking. Please do a video on that!!
Silver Dragons and tag me on it 😂😂
Other way around. Sell the metal that floats around it’s all time highs, then buy the metal that’s in its 30% high range
I buy gold because it’s shiny 🤩
You can shine a piece of steel to the same luster, why not buy that?
May the Schwarz be with you when I walk into a room full of steel, it doesn’t give me that warm and fuzzy feeling in my soul as gold does.
i’d rather be shiny 😁🔥🐉
May the Schwarz be with you -you can also try polish a turd but it's not worth anything...
lol could not buy it before now i really cant was saving for some but not now
Beer 🍺 is the color of GOLD!!
silver is still a good option! 🔥🐉
I saw it decreasing to € 1780 and finally bought my first ounce now. But I will buy smaller coins now, I want to own lots of pieces and be able to sell easily one day. I expect gold to decrease in value short time but in the long run it will keep increasing in value. You should only buy gold if you are young to protect yourself over 40 years against inflation.
I’m holding onto my 11 1/10th oz gold eagles 🦅 like a f-ing emergency 🚨 parachute 🪂🥴🥴🥴
lol hold on and enjoy the ride! 🔥🐉
Not planning on buying any gold in the near future. The gold/silver ratio is too high for me. Bought a little silver yesterday, but not planning on buying more unless prices go down.
yeah i’m still buying silver 😁🔥🐉
It seems that buying precious metals should follow the long term strategy of other investments and use “cost averaging”. We buy every month rather than trying to foresee what the market will do, which is gambling.
yeah I think most people DCA for PM for sure 👍🏽🔥🐉
I like the ratio of having 1 ounce of gold to 100 ounce of silver, but if I was rich I would probably reverse that 😂
lol back it up flip it and reverse it 😏🔥🐉
I triy to keep my stack at whatever the gold silver ratio is
i would rather have it at 50 to 1 so i would think about trading for gold
How much is alot of gold guys ??
depends on the size of your portfolio 🤷🏽♂️ 20-200 ounces 🔥🐉
I think dropping almost 2 stacks at once for 1oz of gold is too much for me, but I will continue to stack up silver and trade it for gold (hopefully with a good gold to silver ratio)
Platinum seems to be a good buy but premiums are really high. Still cheaper than gold, though.
yeah that silver seems like a better idea to me as well 😏🔥🐉
I love how you mention crypto and bitcoin in a neutral way. I’m I’ve been in the crypto space for two years and have been stacking silver heavily now for the last 5 months to diversify my holdings.
yeah I like crypto’s for transactions but the volatility is why I don’t hold much in them 🔥🐉
Got my first bar!!! Got it after taxes and all that for a total of 1431.00 think I did good?
how big was it?
1oz of course
The generic ebay bar from perth mint
What's your discord info?
Hello, I think it is so important to own precious metals now. Gold is a great hedge to stock markets and financial uncertainty. The 'floor' will be high for the foreseeable future. I am from the UK and have gold half sovereigns I bought way back in about 2002 for about £35 each! I am still buying them now for about £185. Just keep them and never sell (well when you retire but only then). After this crisis there will be more for sure.....
great way to do it my friend! 👍🏽🔥🐉
The same web site will charge more for gold than what they will be willing to give you for the same amount of gold in that instant.
What Do You Think Is A Smarter Move Right Now Buying Or Selling Gold ?
if you are a stacker then buying... if you are a dealer then selling 😂🔥🐉
How about paying off debt with your money instead of buying gold?
yeah smash that debt for sure! 🔥🐉
Silver Dragons Would you buy precious metals that have Veriscan?
Silver Dragons my goal is to diversify and dollar cost per average.
Dropped 2700 on a 1oz gold eagle and the rest in generic silver
very nice! i’ll bet that feels good to own 😁🔥🐉
It’s heavy on the back but yes sir it’s amazing to see for sure!!
Yes.