I bought a 5 KILO Silver Bar and Instantly Regret It...
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- čas přidán 25. 07. 2024
- #gold #silver #money
Giveaway entry for 10 oz bar: www.thesilverforum.com/raffle...
Welcome back to the channel, folks! Today's video is one of those moments where I thought I was making a savvy investment move, but boy, was I wrong! So, picture this: I'm scrolling through online listings, browsing different investment opportunities, when suddenly I stumble upon a listing for a whopping 5 KILO silver bar. Now, as someone who's always been intrigued by precious metals and the potential they hold for diversifying my investment portfolio, I thought, "Why not?"
Little did I know, that split-second decision would lead to a series of events that left me questioning my judgment and financial acumen. As the package arrived, I was filled with a mix of excitement and anticipation. Holding that hefty silver bar in my hands felt like holding a piece of treasure, a tangible representation of wealth and security. But as the initial rush wore off, reality started to sink in.
First off, let's talk about the sheer size and weight of this thing. I mean, 5 KILOS is no joke! Carrying it around felt like lugging a small dumbbell, and finding a secure place to store it became a logistical nightmare. Not to mention the nervous glances from friends and family when they saw this behemoth sitting in my living room.
But the physical burden was only the tip of the iceberg. As I delved deeper into the world of silver investing, I began to realize just how volatile and unpredictable it could be. Market fluctuations, storage costs, and the constant fear of theft or loss started to gnaw at me. What if the value plummeted overnight? What if I couldn't offload it when I needed to?
As the days turned into weeks, my excitement waned, replaced by a sinking feeling of regret. What had I gotten myself into? Was this impulsive purchase really worth it?
In this video, I take you along on my journey of self-reflection and financial introspection. I share the highs and lows of my experience, the moments of exhilaration and the stark reality checks. Spoiler alert: it wasn't all sunshine and rainbows.
So, if you've ever found yourself tempted by the allure of precious metals or caught in the grip of impulsive decision-making, this video is for you. Join me as I navigate the murky waters of investment regret and hopefully emerge a little wiser on the other side. Don't forget to hit that like button if you've ever made a questionable investment choice, and subscribe for more candid discussions on personal finance and the rollercoaster ride that is life.
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Topics covered in this video:
banking, finance, gold, silver, precious metals, cash, wealth preservation, economic uncertainty, financial independence, store of value, means of exchange, alternative finance, bank withdrawal, financial strategies, personal finance, financial system, economic trends, global economy, investment, asset allocation, monetary policy, inflation, deflation, wealth management, fiat currency, currency devaluation, financial education, financial literacy, monetary history, financial freedom, financial planning, asset protection. - Zábava
Don't regret it bro, that is a SICK piece!!! Would make a great family heirloom.
I think so too!
💯
Its untradable
HEAVY METAAAAAL!!!
Need some Rammstein in the background, BYB. 😂
Big and beautiful. Well done.
Next time!
I regret buying my £1200 telescope as we live in a light polluted country that's mostly cloudy with rain..😊
😂 I hear ya
My £400 Dob was worth every penny the first time me and my daughter watched jupiter through it . Order her first silver Britannias from the mint last week now I've started stacking for her , i definitely won't be treating myself to any new eyepieces anytime soon😢
I have a 5KG bar, and i don't regret it. I use it in the summer, to cool myself down.
okay... so those 100 oz in the freezer are a good idea
@@ThePkorn89 well, you ll have to put a towel around it, it will be too cold :)
WHAT!!! You bought this for £3,000+ just like that... Wow, you surely are far above the ordinary stackers' league...
That's a Crocodile Dundee bar. Wowser. Thanks for showing the new purchase. Its impressive indeed. Better still I'd the 10oz Forum bar. That is gorgeous! The combination of yours and Silver Angels skills has ended up with a truly unique and beautiful piece.
I usually stop at 100 ounce, but admittedly that is a cool size and weight. I wouldn’t be totally opposed to having one that heavy
Wow, That is a very, very large piece of silver old friend. I think that 10 ozt bar is just plain wonderful old friend. Take care EH !
clingfilm it up dip in Rubber and use as a door stop , was always my plan for a gold good delivery bar
A great idea!
Love this
I'm from Memphis and this has happened with a missing gold bar. It was found as a painted door stop. A fedex employee was the thief.
That Geiger bar is, wow…think that says it all. The Silver Forum 10th anniversary bar is amazing. Great work, as usual!
If you're going to buy a 5kg silver bar, then this is the one to get! You mentioned that it wasn't selling and of course that's the risk for you in the future, but my god, what a statement piece. Thanks for sharing BYB!
This is awesome - thanks for sharing!
Very nice thank you very sharing enjoyed it 😀
My pleasure!
Never regret something that beautiful. It is an amazing piece of work. 👌👌
The older long 5k bar is one of my bucket list items. Never a fan of the square ones. Plus the premiums on those are bananas.
Am new on paying gold and silver love the content as I live in uk thanks
Welcome aboard!
Crazy piece ! 👍
If anything, it's a fine example of the density of the metal, which none of us talk about much.
Would be interesting to gather together a Kilo of Gold, Silver, Lead, Copper, etc, whatever metals just to show and compare volume and densities, and then talk about their price comparisons.
The one off 10z for the Forum looks fantastic !
Fabulous entertaining content once again, Kool Kids !
That display of our favorite metals would be a bunch of fun and educational too.
Would've been nice to hear more about the provenance of the bar itself, not just its weight. Was it made for a special purpose? What is the house on the front? Where is it from?
Have you heard of Google?
Hey! Don’t ever regret investing in your future! Awesome video!!
5kg, well done ! I stack gold, but the price is now eye watering. This is a very good investment going forward.
Nice piece!
Great piece, good price. I don't regret watching it! 😮😂❤
Good problem to have. We bought beans, powdered lemonade (stackable vitamin C,) water filters, tablets, then we bought silver.
that's an awesome chunk of silver...no regrets!
Nice! With it being square, I thought that was the packaging and was waiting for you to open a tin 😮😂.
This is awesome! That bar is really cool!!!
That’s looks amazing, would put that on a mantel and definitely a conversation piece..
I think it looks great, Geiger squares are desirable pieces. True what you say about selling, shipping and insurance in the UK, it weighs the same as a 5L water bottle! If you can afford it without compromising your cash flow then it's a perfectly legit buy, you got it for a great price. The only downside is if silver spot doubled then you'd be looking at CGT when selling a single piece of silver, which would be a novel experience
Nice piece! Hindsight is a wonderful thing my friend. I suppose it could double up as a great 'door stopper!?' Which Bullion Dealer/s would you recommend to buy Silver bars from?
Never regret buying below spot... buy with both hands. trade it out for some gold down the road.
So is it fore sale then? How much you asking?
That's beautiful and ridiculous 😂😂
Sure is!
9:47 anchor a boat with it. FYI your 10oz bar is beautiful.
Can you please tell me, on what platform did you bought it? Many thanks and keep up the good job!
www.thesilverforum.com
It could be a great foundation stone. You could build a house with these Schloß Güldengossa blocks.
100 oz bars are big but dang, that is a solid 10 lbs of 3 nines fine premium block. I was crazy enough to get a Single Kilo Libertad and I paid a handsome price for a very low mintage year as a reverse proof to boot. It will be pasted on to the next generation
That would be nice mounted in a snug wood surround and hung on a wall. Would need to be sturdy wall fixings mind 😁
I love this Geiger bars, but they are not easy to sell again
How do the Royal Mint post this stuff?
Would make a cracking coaster
If all else fails you can use it an an anchor for your boat.
This is the item I would really love to have but it is simply too expensive but it is beautiful ❤
It really is!
I'm currently buying used 250g bars saves the vat in the UK as a saving at least .
Like 98🎉 Very large silver bar, buddy. 😊 Not so liquid I would say. Of course, you can sell it quite easily to some pm dealer. My opinion, too much money into one piece😊 Great TSF gaw, nice work 👍
Thats a quality door stop right there!
That bar is fucking SICK!!! Amazing buy!!!
It's pretty cool!
Courier could be a shipment option
When is the annual TSF 1oz bars coming?
June my friend, June
I’ve got the exact same bar, but one gram L O L 🤓😂
Cost wise, it’s definitely not a good buy. But sometimes you just GOTTA have a certain piece. If your stack foundation is covered, and income allows it, splurge.
My “collection regret” is my Platinum Proof Russian Ballerina 1 oz first year production in original mint packaging and certification.
Just had to have it.
I want one!
Wow exceptional piece. Not a fan of geigers myself but that's a great hunk of silver. U could always melt it down and pour a 5kg heart 😂
Man I’ve got 5 or 6 100oz bars. No regrets, 1$/oz premium and I’ll be happy to sell it at melt to put a down payment on a house when I’m ready. Shouldn’t be anyones first purchase but if you need weight it’s super cost effective.
I like it
Thanks!
Why not? It protects against vampire bites and even gunshots. And it's much more handy than those damn 50 kilo bars.
going for about 5400 now so... that was a good move :)
While you wait for the silver price to rise, you can use your new silver bar in your kitchen to rest your hot tea kettle on.
But at least you have a nice " door 🚪 stop " 🤔
Wow should have waited till the summer people are going to be partying the price might have dropped. Now I don't think I could buy more then 5 10 ounces. I bought at the peak before definitely noticed the difference in what I received in weight
Nice 🎉😊
OMGosh. That's justa GIGANTIC bar. I've never seen bar up close like that. I've seen those silver bars in the form of a rubber or concrete car stop but not up-close... thank you for showing it off. I think one kilo, maybe even a hundred ounce bar is as far as I would be willing to go. Do you really worry about theft? With that thing it would be my luck that the thief would break in to the home, pick it up and fall down somewhere in my house and sue me for getting hurt in my home... F'n California... you know?!?!
That is a monster bar..Damn that's big..(that's what she said lol) all joking aside..I think it's pretty cool
5kg is awesome!!!
When the comex shuts it all down from Silver really taking off you won’t regret it. I see it coming. Spot price doubles. Closed ! 😮wha?
£20 an ounce for that slab is very good especially as of today silver spot price is £21.85
5kg is a banger would be tempted one day
How could one regret a giant Geiger bar?
That being said, pretty much all of my Geiger Bars are all in the "for retirement" part of my stack... so I have decades to worry about selling.
Really though, if I have a 5kg Geiger, that would probably be to pass down to family.
keep up the good vids!
It will be liquid when you melt it down & turn it into pretty pieces
Certainly would be if I can work out how to chop it up!
O.O WOW
Buying at spot is still not a good idea when spot is riding a peak. Buy the dips. Not the peaks.
I dont get the whole Geiger thing. Of course im a stacker not a collector.
I would regret buying any silver at this spike 😂
I HAVE NOTHING BUT GEIGER BARS NOTHING BIGGER THAN KILO SIZE, MOSTLY 10 OZ BARS THEN TONS OF SOVERIEGN COINS
Good to know!
WHY ARE YOU SHOUTING 😂
Did you get the wood crate that they use to come in? They sent it when you bought a monster box of 10 oz Geiger bars.
@@Shreddahtrades not shouting get a jab
@@andyu5596 get a jab ??
Like #78 - Stunning piece!
It doesn't look as good in that weight. The smaller ones make me want one. But still very nice.
5 kilo is a fair old chunk
Melt it!
geiger is the best..
Lovely piece
Probably buy a house with that later down the road
chop it up and mett it and sell it at your hand poured premium. DUH
*that's about $4400 right there!* 😂😂😂😂😂
What’s the price of that 5 Kilo silver the price of 1 ounce of gold? Lol
YOU CAN GIVE IT TO ME IF U WANT TO
I will survive with it!
For such a nice bar Geiger really do ruin it with the cheap ass shrinkwrap.
First like first comment. 😅😅😅
Nice, well done!
BBS
An entire kilo of price paid was tax
Melt it down and make your bars out of it
Too many flat / undecorated surfaces for me. The back looks better
When it comes to gold, we got luxury of buying larger bars to bring down the premium per gram. But when it comes to silver, fractional pieces are more clever strategy. But don't regret this one. Mistakes happen.
Untradable
Too heavy
Too bulky
Not CGT exempt
Over value of postal insurance
Need to find one person willing and able to buy it and with cost of living now, no one has £3500+ to spend on a bit of silver 😂 lol
Very nice bar, but as you say lots of implications to think about 👍
Lol
Sell it to me
Lad was selling for spot and he asked for a even cheaper deal 😂😂😂 my best mates like that it’s just pure dirty and greedy doing that to folk that are already offering a better than good deal
It wasn't selling and spot has dropped since then. If the dealers were offering a better price then I'm sure the seller would have sold it to them instead. Try your luck mate, offer BYB the original asking price of £3750 or whatever, from the sounds of it he would accept!
If you are insinuating that I somehow hoodwinked the seller into a bad deal then you are most assuredly wrong. He contacted me.
Hnnnngggg
Ugly, yes. Good purchase? Definitely. Nice tea trivet for a proper Englishman.
Seems like a lot of you silver channels just a good excuse to show off your collection😂😂😂
You need to get chopping more logs my friend, get those muscles trained 🫣
Yeah, I definitely do!
Definitely a crazy chonk of silver! LOL