Investing in SILVER: What are my plans?
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- čas přidán 24. 07. 2024
- After easily reaching my goal of 250 oz by the end of 2018, I present my upcoming goals for 2019! I'll go over what I'm buying, why, and how much! What do you think? What are your stacking goals? Let me know in the comments! Thanks!
LV those bars
Thanks they are lovely!
Nice goals for 2019, good luck with reaching them.
Cheers my friend! Thanks for watching as always!
Great video. It seems that you are not a ‘noob.’
Haha cheers man!
Great goal stack it high stack it deep ....silver is so undervalued....smart to change your fiat into something of value!!! A$20 bill today only has 80 cents of purchasing power..where as a$1 dollar silver ounce has $15 purchasing power!!!
Exactly! Glad you understand the logic! Thanks for watching dude!
Do you pay a hefty tax on silver purchases in Australia?
I like that umicore 1000 gram bar!!
So do I! It’s my favourite piece!
The 10oz RM Britannia bar and the RCM 10oz bar are excellent choices. I loaded up on those. The 2oz QB's are hit and miss with respect to quality, but the 10oz versions are superb, as are the Valiant coins. The 10oz RCM coins have also been reliable and I am collecting those as well. Lots to choose from. Enjoy.
Honestly the 10 oz RCM bar is gorgeous but extremely difficult to get hold of here. Perhaps one day Ill get to visit canada and can pick one up! I considered the valiant coins but I was disappointed by the 2019 edition and that put me off collecting them as a date run. Thanks so much for your support as always dude!
Great goals for 2019. Good luck achieving them. I think you defo need to look at the 10oz Valiant. Im hoping to get the 2019 version soon. I hear that the RM are releasing it as a 1oz of this as well
Where do you store your 10oz bars? I'm look at getting a few but don't have a suitable storage container and have no idea what to look for lol
I have a large plastic box that I bought from a stationers. It seals air tight like a lunchbox and I chuck a few silicon pouches in there to soak up any moisture. Then they go away to my offsite secret storage area ;-)
@@StackerNoobUK thanks ill have a look into getting something like that
Good luck with your goals. Its a good idea to set them and to make them realistic, which you appear to have done.
Do you stack gold as wee?
I think these are all doable. I think the hardest ones will be the scottsdale bars, as these come up sporadically and I may not have the spare cash on hand at the time. I do buy gold too, I have 4 1/4 oz coins currently and another goal of muine is to get to 10 1/4 oz coins eventually, hopefully another 2 or 3 this year. Thanks for watching!
Are you still stacking?
What is your local coin shops price above spot for britannias and sikver eagles?.
The concept of a local coin shop is an odd one to many of us in the UK. They don’t really exist. But the rare places that do sell standard government bullion usually charge around £20/oz which is roughly 66% above spot. I usually get my silver for around £15 per oz, a much more acceptable 25% above spot!
@@StackerNoobUK I thought my $1.50 over for britannias and $2.75 over for ASE'S was extreme..oh well...back to the shops..maybe at your cost it's wiser to vacay in the USA and buy til you drop...lol.
Anywhere you would reccomend
My favorite would be somewhere you can pay cash and no receipt...no paper trail...maybe where there is going to be a coin shop with a history of private sales....Google is your best friend...make sure where it's going to be isn't some crime haven to avoid being mugged..lol
Are you acquiring any gold in 2020?
Definitely, in fact I may concentrate on gold next, nearing a place that I’m happy with my silver stack
You seem to be a mixture of collector/stacker/heavy stacker which is not a good idea in my opinion. The best approach is to pick one of these three categories and stick with it.
Well I see this as a hobby and a nice way to save money. It is both things for me and I enjoy it! Each to their own I guess!
When ypu say 10oz Britannia 'may be coming soon', do you mean to your stack? 😊 I had to buy it when it came out and it's still a favourite. Also is 350oz your total or just this year? Cheers
I mean to my stack of course, you will just have to wait and see ;-)
350 is my total stack goal for the end of this year but as you can see I am in serious danger of overshooting with my goals! Haha thanks for watching!
Sorry, I commented too early in the video 😁
I am on a similar target if I can keep up. That's why I like your channel 👍
I'm at 201 oz with target of 100 a year. I'm picking up 25 2019 Brits, 20 2019 dragon bars, the 2019 valiant, Capt America to complete ghe PM Marvel 6. The BU Simpsons from PM. The Queen's beast 7, 8 and later 9, 10. 10 OB's. I think that's 80. There will be odd purchases like no4 predator. I'm wanting to do a 'stack tidy' and sell 'odd' coins in order to focus on RM. Would like to get the 10oz QBs too. Have 1 10oz Brit bar, love it. Great video, good to plan a bit.