Swap your Gold For Silver! Double your Gold! - Andy Schectman
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- čas přidán 21. 03. 2024
- Swap your Gold For Silver! Double your Gold! - Andy Schectman
#silver #btc #tothemoon #stagflation #gold #junksilver #preciousmetals #stackingsurfer #brics #silverstacking #silvereagles #goldeagles #constitutionalsilver #truthwarriors #andyschectman
Livestream with Andy April 15 at 2:00 pm Eastern. czcams.com/users/liveiOhUtgBq...
Join me for a comprehensive conversation with Andy Schectman, CEO of Miles Franklin. Today we dive into the Gold to Silver Ratio and how to play it to double your gold, coming risks of BRICS Nations Dedollarization, How Gold can Protect your Families Wealth, Where Bitcoin and Cryptos can fit into a Portfolio and how to Leverage them to Buy more Gold, The coming Digital Currencies Backed by Gold (will it be the USA or BRICS to make the first move).
DISCLAIMER: Opinions and thoughts expressed by guests on this channel are theirs alone and do not necessarily represent the opinions and thoughts of Stacking Surfer or the Stacking Surfer channel.
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Guest: Andy Schectman, CEO & Founder
Company: Miles Franklin
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My goal is to become the fastest growing and favorite gold and silver stacking channel on CZcams. Follow me, surfer around one of the most iconic and small town beaches in Southern California as I share how and why I got into stacking and how stacking is very similar to the same principles as surfing waves in the ocean. Subscribe and hit that bell icon today so you don't miss my next great video. Join me on my adventures as I travel the California coast sharing news and tips about how to maximize your wealth retention and grow your gf stack!
DISCLAIMER: I am not a financial advisor. I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor with limited experience that may not align with your strategy and needs. All information found in my videos, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
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TOPICS COVERED:
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Livestream with Andy on April 15th 2:00 pm Eastern czcams.com/users/liveiOhUtgBqhF8?si=BWbAwd-sMAkeq1r5
I began changing all liquidity for all silver only 2 weeks ago. Keep enough cash to pay the bills.
Blessings from Montreal Canada
I change all silver for gold . Now Xi Biden Putin and all CB will defend my money :) If i want profit then buy platinum metals they cheap now but all countries build hydrogen powerplants that true future energy not stupid panels or windmills ....
I know there's a HUGE calamity happening in the precious metals (primarily w/ silver) 'short' markets, Never-the-less there's no way I would ever dump my gold. It is a storage of my wealth. I recently dumped 500 oz of high premium 'collectible' silver (the price being high) and purchased some gorgeous antique ( circa 1400) gold spanish bars at less than spot! (altho expensive) I still have plenty of silver and some larger kilo bars... (My rule of thumb on silver is $1,000 in face value of constitutional silver per person will keep the wheels spinning AFTER any fiat monetary reset) but for me GOLD IS WHERE IT'S AT! I like silver...But I LOVE GOLD!
Love it. Gold is my fav too.
Gold is the superior asset. My Silver is Gold in waiting. I will exchange it for Gold when the Gold : Silver ratio drops.
If we want to save our financial souls in next coming financial disaster, gold will be the asset to have. Silver for daily activities.
Platinum baby
If I owned gold, I would trade it for silver. Gold has almost no uses. Silver is our lives...silver disappears, so do we.
@@bobsilver3983silver does not disappear. It is just not worth it to recycle it yet. Silver will be the next currency. However, gold will always be wanted more than silver. People do not value most things. They are superficial. Gold just looks better.
I think that some cattle and fencing on my acreage might be a better investment than adding to the stack. At least I’ll eat well when everyone else gets there “bug” or “lab” grown meat from the grocery store.
Id trade my gold for silver rn
Gold to secure wealth
Silver for barter
Paper will be worthless
If you don’t hold it you don’t own it
Well said
Lynette Zang
Help me understand why you think barter with silver will ever be a thing past history shows us the last time it happened Germany didn’t use silver they used marks just took more of them then before they didn’t use silver as currency it’s was the currency they were most familiar and comfortable with so why do people think if it happens then you better have bunch silver to pay bills with it makes no logical sense especially in the technology time we are in and of course we all know about the if situation being if your aunt had balls she would be your uncle stop over thinking things and keep silver if you want but to make people think they are going to be at wal mart with a sack of dimes to get food is just silly as hell
Batter for gas and food with silver ? I don’t like your chances
and a tinfoil head for the both u.
If gold is 2200 and silver 25. You buy silver.
The GSR would agree.
Or platinum works also 🤷♂️
If you have a fork lift to haul it around
If u can't carry bags of silver you most likely shouldn't be stacking
@@mudvayne2311 80 ounces of silver for every ounce of gold very hard to store. I'd buy diamonds if I knew what I was doing there light and easy to hide.
I’ve bought from Miles Franklin before. Good prices and honest brokers. Pleasant experience.
Thanks for sharing.
Silver Dollar Right .a Hundred Dollar Coin would be useful.
Andy explains the financial system and current events in terms an average person can understand. This presentation was succinct and everyone listening will benefit from it, including me.
I so glad you said that. I love how he encapsulated the current state with the direction we are heading.
Andy Schectman, as always, is a terrific guest with a wealth of geopolitical knowledge regarding PMs. Thanks Surfer❗️
You’re welcome. We are finalizing a date for April to have a livestream. I will send notice out to also gather questions as well for Andy.
HE IS A PUMPER!!!!!!!!!!!!
“Pigs get fed, hogs get slaughtered”
Great point…
In deed. My grandpa said it all the time.
Andy is the man. Period
Thanks for watching.
Sell your gold to buy silver? Not a chance. Au will be gone when the gsr drops. Keep stacking both.
Agree 100% 👍👍👍
Very informative. Thank you both!
Glad you enjoyed it!
Good interview, thanks for sharing.
Glad you enjoyed it!
GOOD VID TY gentlemen!
Glad you enjoyed it!
Andy is such a great speaker. I learn so much with each interview he does...
Thanks for watching.
Grand slam. I'm glad you got Andy on. He's so level headed.
Absolutely! Love interviewing and chatting with Andy!
So glad I buy from Miles Franklin!
Thanks for sharing your recommendation!
FINALLY...Surfer found a reputable guest to interview. Giving Stacking Surfer a potential second chance.
Andy is great... seen him in other videos. He sees the big picture.
I’m just curious, how is Andy any more reputable then any other of stacking surfer’s guests?
Surfer is very knowledgeable and I definitely enjoy hearing him and wish he were more solo or doing more interviews with Andy, Ted, Yankee, etc! Surfer has a gift for this community.....❤
@@LizaJane84 Thank you so much. I have two videos next week on Constitutional Silver and I’m working on a few more interviews.
That is great to hear and I think you have a bright future in building a huge channel for yourself!!!! My husband and I really enjoy watching your channel. Apparently you have a lot of knowledge in the tech industry which ties into where they are pushing our currency.
Awesome video. So much amazing information
Glad it was helpful!
Excellent video and thanks for sharing!
Thanks for watching!
I found your channel from your resent visit to Tim's Stamp and Coin Shop.
Thanks for coming. Tim is such a great guy!
Must say I enjoy reading all the comments maybe even more than the video. Thanks for the content SS, keep up the good work Sir...!!! Life is good.....God Bless. “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves.”
― Norm Franz
I appreciate that! It’s very true.
I'm also reading all the comments and putting in my 2 cents. Seems like most of us agree that gold is wealth and silver is for daily purchases.
@@lamarravery4094 That how I see it.
Saw you at Tim's shop posted by Yankee not long ago. Appreciate your interview with Andy Schectman.
Glad you enjoyed it.
You know, the way Andy keeps mentioning little by little in his comments, I can't help but think of this mid-80's song from Robert Plant.
czcams.com/video/brs_O9fXhBc/video.htmlsi=VPB8x62u-XTxRPss
I love that silver is heading down again…. Buy on the dip and hang on and watch. I am holding all silver forever….lol
Nothing goes up forever. Buying low is a great idea.
Wow.. Harry never stops to amaze me!! What a generous chap. Hope his store is getting some part of the revenue from the channel too.
Andy is great. He visits a lot of channels that provide great exposure for his message and company Miles Franklin. I am an affiliate of Miles Franklin as mentioned in the description. Ads from CZcams are so insignificant especially for channels under 100,000 subs. It would be great if it was a real income stream. I look forward to the day I make money with channel. Right now I spend a lot to keep it going. Thanks for watching.
I dont have much silver, but I'll trade it for it's gold value at spot. Any day!
I found you brother thank God I found you man you’re awesome. I will see you at Yankee stacking you’re cool you’re cool man. Awesome. God bless you.
Awesome thank you!
Sounds great
Thanks.
Great video. I always try to catch any of Andy's interviews on any forum. As with your friend, I am very happy with my Miles Franklin broker and have used her exclusively.
Great to hear!
Good stuff!
Glad you enjoyed it
Amazing content! Thanks a lot
Glad you liked it!
Thanks
You’re Welcome
I don't recommend trading Au for Ag... However, doing the opposite is better. Accumulate Ag on dips is a must... saving your Au is wealth... just don't trust Ag at the moment. However, I believe eventually there will some type of shortage in the forecast.. I see Ag going to $50 or maybe little higher in the near future...
Thanks for sharing.
Only one person was bummed out about the BRICs thing last August. That's Jim Rickards. Anyone but Jim could see it wasn't going to happen. He's been wrong so many times.
Rim Jickards
You can predict a date or an event, but predicting both brings disappointment.
Sorry I missed this, watching now
It will premiere tomorrow for all. Special screening today for members!
@@StackingSurfer Thanks, I hope the email I sent you gave you insight into where we're heading from God's perspective.
Jesus is coming
Andy thanks for all you info I watching this but you are watching it better thanks again stack on
Thanks for watching.
Fantastic interview. Andy knows his stuff!
Thanks for watching.
As always, Andy never fails to deliver powerful information! One of the things that bugged me for years was that the political and financial team of the USA had no other team to challenge it. Year after year they have played their financial gain for the most part based on smoke and mirrors. Well what do you know! Along comes a team (BRICS+) who are across the field and working out. When the game commences between both teams it's going to be a sight to be seen! Get ready folks. The challenge is coming soon!
That is indeed true and one of the main themes of the video. People keep commenting that Andy loves the BRICS, nope! He is just calling out the fact that other team is on their game and the window could be very short for us to get prepped.
@@StackingSurfer That is a problem with him. I agree with his outlook for gold and silver, but I can't listen to him when he starts quoting Tass and praising Russia. Is he aware that there is a war on?
@@victordegrande1628 Don't let patriotism blind you from financial reality.
@@bosstone100 I try to look at the facts objectively. Putin has been designated a war criminal by the International Criminal Court for his crimes against humanity, notably starting a war of aggression, massacring civilians, and kidnapping more than 20,000 Ukrainian children. He couldn't even attend the G20 summit in South Africa last year because he would have been arrested as soon as he stepped off the plane.
The entire free world has taken Ukraine's side. The only countries that support Russia are a handful of military dictatorships like China, Iran, North Korea and Syria. Why Andy Schectman would throw in with them is beyond me.
Andy and Miles Franklin great person and excellent company to do business with.
Thanks for sharing.
Gold and Silver both have their place and one should have both. Depending on your goals, intents and purpose, you may want to hold one metal than the other.
I agree. Gold is insurance and silver is money for me.
Amen
Nice 🍯🐝🌻
Thanks for watching. It’s always so informative speaking with Andy!
Boston Mass,Here....
Welcome.
Gold 🚀🚀 and just wait 🔜 silver going skyrocket also 🚀👍
It often does. Just look at historical charts.
I just stopped stacking silver after 15 years, and put that into more gold.
Awesome.
California: Fires that burn the hillsides bare in summer, rain that causes landslides in winter and heavy brush growth that dries in summer leading to fires that burn the hillsides bare... Year after year.
Yep. Lots of water this winter. That’s not a great thing if it’s a dry summer.
I have been stacking for about a decade or more now ….every year the “pros” call for a major silver rally and. Sadly it never happens. I guess a broken clock is right twice a day…eventually silver will rally…I hope I can profit from the rally
That’s the hope of those that hold silver.
Two more tubes today 🙏🙏❤️❤️❤️❤️
Nice
Great and all the best
For my friends, Andy exchanged my gold after my first meeting with him, the Math Works!!
That is awesome!
I agree silver is far undervalued that’s why that’s what I stack
Just look at the near 400 paper to 1 physical ounce in the derivatives market. When that breaks, oh my! 🌕
Gold is better , no silver is better, no gold is better , no silver is better, no gold is better, no silver is better, no gold is better, no platinum is better, no copper is better, no gold is better, no silver is better, no gold is better, no silver is better. Idiots , just get , buy , find and hold on to and cherish All of the metals beauty and purposes for one reason or another. They all are Gods gift.
Love it. That took some time to write up!
@@StackingSurfer Thanks SS lol
@@cheaplaughkennedy2318 😎
i,m trying to figure out why the U.S. dollar is still mentioned when talking about gold and silver. Why are we hodling gold and silver , ? isn,t it to protect yourself from the falling USD>? why is everyone wanting to " cash out" into a losing piece of paper? HOLD you PM,s that where the value is , not a losing value piece of paper, you are shooting yourself in the foot by giving away your silver for paper currency that is LOSING !! it boggles my mind , they must still think the USD is better then silver and gold?
We agree. Get out of the dollar accept for operating expenses and enough savings in USD to ensure you don’t need to sell precious metals to cover emergencies. I keep cash for that and the rest in Silver and Gold. I also have other investments as well. Good point, I hope people are listening.
@@StackingSurferYep, just hold enough cash for what you need for monthly expenses and emergencies. Everything else goes to assets.
@@lamarravery4094 agree.
Yes
Another awesome interview, thanks Surfer & Andy
Glad you enjoyed it
Newbie question: It's my experience that I pay a premium to buy the gold, then lose a bit selling to get $ to buy over into silver- and pay a premium on the silver.
How do you "swap" without these premium losses ?
Networking and getting to know your LCS.
Im wondering what Andy thinks is the best form of silver to obtain for investment/speculation as you want be able to readily trade it back for gold when the ratio reverses?
Great question. He will be coming back on May 13th. My best guess would be American Silver Eagles as they are the most recognized silver coin. However, not limited to those.
To the moon, TO THE MOON I SAY!!!🎉🎉🎉🎉🎉🎉
Blast Off!
Sounds good in theory however taxes, fees and price differentials between buy and sell prices mean you lose a chunk but I will crunch the numbers as it could still be a good trade.
It’s a concept. Not financial advice.
36 views but 186 likes…🤔
Likes can be hit right away, views don't tally til the whole video is watched.
Seems like magic but just reporting can be slow.
Can’t go wrong with miles Franklin have bought both gold and silver from Andy and others over there for close to 20 years, back when Andy’s dad ran the company, always got top notch service.
Thank you for sharing. Glad to hear.
So is it better to buy some bars of silver or rounds or eagles? Thanks
It really comes down to why you are buying. I see gold as wealth insurance and like pre-33, US eagles and buffalos, and 1/10 oz eagles; for silver, I see it as money and concentrate on American Silver Eagles, Buffalo rounds, and Constitutional 1/2, quarters, and dimes. I also have fun collectables. To me the important part is having the metals. Think good, better, best. Check out my playlists on silver and gold University. Those have a lot of good info in them.
So, if I have just three oz of gold. I should swap for silver? For comparisons sake, I have 350 oz of silver and $350 of 90%. I also have about $13000 in an old company 403b account. It isn't doing much. Should I cash that out and what should I do with it. Should I be funding a Roth IRA as well or avoiding that? I could put the money in the account but leave it in their money market account until a "crash" and put it into a fund then.
diamond nestegg touches on these subjects.
I’m not a financial advisor. These are questions for a certified advisor. There is no perfect or one way to hold metals. Andy is pointing out a story from his past playing the gold to silver ratio and how that is similar to today. Some follow that strategy and others don’t.
@@StackingSurfer It was more theoretical but it'll be difficult to find a financial advisor who will steer you away from big time establishment investments.
Gold is WAY easier to store than silver for the money. No question.
This is true.
Correct.
However, that is not the point here. I just found this video/channel.
I watch videos only to confirm my own research.
What was said here about Silver is spot on.
Pun intended.
What is the difference?
Exciting update! The presence of Rose number [937] embodies the spirit of collaboration within our creative garden here at Cointales. Let's keep cultivating this shared space together! 🌹🌷🌼 Thank you for being a vital part of it! 😊💖
Can't wait!
try to keep it 50/50....like CEF (Canada Fund) stock. That way you get all the advantages.
Real inflation is at least 10%, so all tangible commodities will go up at least going forward.
The FED and US Treasury deficit is printing $3.5T/year.
Either physical is always good.
Being in hard assets during inflation has its merits.
I hear ya but I like the security of gold. Silver is subject to fluctuations in industrial demand and historically has larger moves in both directions versus gold. I do own silver but I also own gold, and will not trade it in to acquire more silver.
One aspect of gold people don't understand is it's a safe haven, not only against inflation but against a bond market collapse. Bonds have been seen for a long time as a safe haven but when the bond market collapses, that demand will shift to gold.
I understand there was a lower historic gold-silver ratio but silver coinage has always been critical. While I expect it to become critical again in some regions and perhaps all regions for a time, I ultimately expect people can trade claims on gold held by trustworthy custodians and it will be a more efficient means of trade in the modern era.
I’m a big gold fan too. I really love pre-33 gold. There is merit to playing the ratios but it’s more complicated than just trading and right now I’m more concerned with wealth preservation than making money. With that said, I’m adding more percentage wise in silver this year.
Trading the ratio is a good way to accumulate more or both without a cash outlay.
SS Please don't recommend ppl to swap, better to have a dual metal portfolio.
I agree
I don’t give financial advice. Andy shares it as an option. I’m heavy in gold and have some silver. They serve two purposes for me. Gold is wealth insurance and silver is more speculative and for SHTF.
silver is going to a billion dollars soon ANDY SCHECTMEN
That would be amazing! I would just like to see it break $30 and I will be doing the happy dance.
You didn’t mention owning LAND, property, gold and silver are great, but wouldn’t it be greater to have 20, 30 acres and some cows and chickens ?
This will only work for a few. Can't see a million families purchasing 20 acres each. Mind you, Russia has great deals in Siberia. And there certainly will be exceptional deals to be had in Ukraine once the war is over.
Except the land isn't yours ( ie property taxes). They will skyrocket property taxes so you better have gold n silver to pay them.
If you can swing it, land is great.
@@jonnyincognito899And it may turn out being better to be able to leave
I have 10 0unce bars, where should I look for a buyer?
Gold or Silver? If gold, it will probably be a large bullion dealer. If silver, most local shops will buy them. The first question is should you? That’s best decided on with an advisor. Most the time there are fees to sell and to buy so make sure those are clear as well. Just ideas, not financial advice.
EXACTLY!!!!! Play the GSR baby,,,and DOUBLE your Gold!!!
It will shift.
Maybe all us stackers should start small and squeeze silver dimes? Just a thought. I actually bought 50 silver Roosevelts yesterday.
The crypto folks seem to pump squeezes all the time. It’s been a while since silver did it. I did pick up dimes today as the opportunity presented itself.
What happens if they buy a lot of paper gold and silver then call them in after buying all the gold and silver they want?
Massive price discovery upwards. Many calculate the real price of gold to be between $50,000 and $100,000 per ounce once paper gold disappears. That would be about outside any gains per inflation.
Andy has been saying this for three years.. we don't seem to benefit but BOY does he!!!
And you'll be the guy begging on your neighbors for food and water...and won't survive three weeks.
I remember the early 2000s when gold was $300/oz and silver was just over $5. As the dollar continues to lose purchasing power, it will continue to go up.
PMs aren't a short term deal... maybe they're not for you.
You must be young...no patience like all young people. Remember we bought gold at $40 per ounce 52 years ago. Do you get it???
Things go slow THEN FAST
I like silver as much as you guys ....but its going down again ! and lots of folks are selling the hell out of it
They will sorry for doing so! 😢😢😢
a dip is fine.....its on sale for all practical purposes......Buy More!!! It will eventually skyrocket
Those selling it have Credit Card Bills to pay
Buy high sell low 🥰
What!? 😂
Also, buy silver mining stock
Which ones do you have your eye on?
@StackingSurfer I have Majestic Silver Mines, Fortuna Silver Mines, and TRX Gold. I bought these stock on the robinhood app.
What is a Good app for live spot prices?
It depends. Many use Kitco.com as a lot of local coin shops use their spot. Each online bullion dealer differs on their own spot prices.
@@StackingSurfer thanks.
“Too stupid to be stupid?” What the hell does that mean? If it’s too stupid, it’s stupid. 🙄🤦🏼♂️
I have both gold and silver...plenty, but I still wonder, if central banks and governments are buying them both at record levels, then why,
with that kind of supply and demand, has the price, in the big scheme not gone up at that same rate??? Something is wrong
with the equation
Seems to be that big banks have been shorting the paper prices for a long time. That would allow them to buy physical at lower prices.
the 20%-40% premium for silver coins are a hard nut to crack vs 3%-5% for gold coins. Mot to mention you need a dump truck to move your silver
Very true, but how much silver does one really need when the ratio flips? If silver goes from an 80+ ratio to low double to single digits a monster box would be more than enough for most people.
I do agree on ratios. Silver requires a longer hold than gold.
What do you mean?
@@Julie-dp8ob it should say silver not dumber. Autocorrect. Lol
I might buy more silver but never swap my gold for it😂
Yah, playing the ratio can be hard. When it flips, I’m going all gold. I love gold.
I feel like in one section he suggested we purchase 6 month Treasury from Treasury Direct then a few minutes later reported everyone is selling their Treasuries and buying gold ?????
I believe he is giving people options that exist out there. Not financial advice but helping people know what’s possible.
I've seen you on Yankee Stacking and I have a question concerning government confiscation of metal's, what's your thoughts?
Personally, they did it before, if they get desperate enough, why would they not do it again? They never confiscated by force. Everything was voluntary. If they do it again, I’m guessing it will be in the form of taxation like a windfall or VAT Tax. Most just don’t have coins so it’s much different now. I would see them going after 401k, IRA, brokerage, savings accounts first. Then cryptos. Then precious metals. Hard to tell for sure. Currently, there are laws protecting collectible coins like pre-33 gold. Some say those were never solidified. They are executive orders so a sitting President could change them. When in doubt, I say diversify. I have a few videos on Pre-33 worth a watch to get more opinion on it. I can’t give actual financial advice but those are my thoughts on it so far. Still researching into it further.
@@StackingSurfer Greatly appreciated, Enjoy that southern California sunshine,☮️ East of Austin City Limits.
@@Sonny-ik9rv It’s stating to warm up and there will be many more beach interviews coming too.
I agree, the first confiscation everyone had gold currency. I don't see them coming after the small percentage of stackers. They would definitely take digital assets first.
@@awakenotwoke4830 Im thinking purchasing materials without a receipt is best if possible or where possible.Like many other things, it's also best not to purchase on line.
Thanks guys early warnings accepted
Thanks for watching.
Chemtrail related weather
In California it’s called cloud seeding and it’s published in the local news when they are doing it.
My Brothers & Sisters without an Audit of the GOLD which takes 3 to 4 Days to do You cant Give price On GOLD. All I know is GOLD & SILVER are Free at The Moment ...Never will There be a better time as this ever in the History of The World again
We must hold our DC representatives Responsible. They want to spend $1.2 trillion on Foreign Aid, Criminal Illegals, Trans & LGBTQ goals. And money to the States & Cities to encourage Trans, LGBTQ, Illegal Immigration goals and Open Borders.
I would love to see an 80-90% reduction in Federal spending. We have a spending problem.
England holds most of the world’s goals for countries. Most of this is on paper.. They just can’t transfer 50 tons of gold to China. It would be a big hassle.. in United States. The bubble has already burst it.. that I own pay quarterly dividends over a dollar . I own eaten.. which pays about a dollar every quarter. I own gold and silver. And I own some crypto. I believe you Andy is very, very smart doing I bonds for short durations six months.
Thanks for all the great comments.
Andy has the most shifty eyes literally
😅
Shouldn't we see a good pullback at least before the election? Not a chance I'm selling my gold holdings for silver, im going after both. Im on a very limited income but with consistent purchases over the last 4-5 years i have quite a bit but nowhere near what i feel comfortable with stopping stacking but don't regret a single o in rhe base stack. I just wish i wouldn't have got so distracted falling in love with higher premium collecable pieces but i have a lot of them i got primarily to flip and increase my base stack.
I feel you on the higher premiums. Selling those coins as fast as I can. I bought way too many at first.
There are always pullbacks. If not, you end up with crashes. I anticipate a few pullbacks, however we could see another $100 up for gold and the pullback may just go to $2,100 for example. So it’s hard to call tops and bottoms. If the Fed raises rates which I still think they will (could be wrong), that will strengthen the dollar and push the metals down hard. I see the Fed saving the dollar over saving the banks but I could be wrong on that too. Hard to say. Watch the Fed closely.
I’m also only selling the gold I don’t want. Keeping the coins I love. Gold is my wealth protection. Why would I get rid of that? I am acquiring more silver as a percentage of total metal acquisition than I have in the past.
There's no guarantee that the gold silver ratio will go down in the future. I really don't see that happening. There's no shortage of silver, that was a lie.
Nothing is guaranteed. Are you 100% sure the ratio will not go below 88? What do you see the ratio doing in the future?
@@StackingSurferIt could go below 88, but not 40:1. Maybe 60:1.
@@lamarravery4094 Hard to say for sure. What happens if the green plan is scrapped and people reject solar and EVs? Lots could happen. For this reason, I don’t speculate with metals.
My approach is as follows. I never touch my Gold. I buy Silver and Bitcoin with my cash. I convert my Silver into Gold when the ratio is to my liking. With the advancement of AI and quantum computers I will convert half of my Bitcoin gains to Gold probably within 10 years.
Bitcoin is safe until it isn’t. In the event of a cataclysmic disaster Gold and Silver have a lot better chance of surviving compared to electrical digits in Block Chain.
Probably sooner than ten years on the BTC to Gold. Quantum computers are moving faster and AI is here. I sell AI and the advancements we are seeing, few will be able to keep up with.
I like the ideas. Sounds like you have a good working plan.
Needs to go to 2500+ for me to get some cheaper metal
Can’t wait.
Speculation by a silver pumper who makes a lot of money from premiums if you follow his advice. Pays you spot or less for your gold and makes money on the resell, makes money from the silver you bought from him. The only one who loses is me. I learned a long time ago I’m better financially off ignoring Andy’s FOMO.
That is how buying physical metals works. Nothing is free in this world. It does cost money to mint these coins, rounds and bars and resellers need to have some room to keep the lights on and take profits or why be in business. If the ratio does flip, those premiums will be made up in the ratio play, no?
@@StackingSurfer Yes, but none of these hucksters discusses true buy back. If spot is $50 and everyone is lined up out the door to sell, the buyer will be an intermediary between you and the refiner. You will be lucky to get $40 an ounce. Discussed with full transparency, I’m OK with people making money. Implying you will have riches beyond avarice is snake oil salesmanship.
Silver is the life blood of war.
Is the term mother nature a way of not saying GOD?
Forget so called mother nature .Praise God our creator Jesus.
Could be tongue-in-cheek for geoengineering too.
Central banks basically only hold gold that’s why paper money is basically worthless. I don’t care how many tons of silver went to India. I care about how much gold China is by the back up to back up, the Yuan. Or what countries with the peso euro and whatever else currencies are out that are out there. Please forgive my spelling my microphone is not that good.
So true.
😮
Eye opening for sure.
Over the last 10 years, the gold silver ratio has not fallen below 60 to one. Yes, you’re talking over 5060 years. Maybe I don’t know. I haven’t looked at those charts.
The ratio was much lower in other civilizations. “The ratio was first established during the Roman Empire at 12:1, meaning it took 12 ounces of silver to buy one single ounce of gold.”
money.com/trading-gold-silver-ratio/#:~:text=The%20ratio%20was%20first%20established,one%20single%20ounce%20of%20gold.
@@StackingSurfer my auto speaker should’ve said 50 to 60 years
Great time to buy
Indeed