I have been stacking BOTH gold and silver for over 14 years now. I still stack AND will always buy both metals but for different reasons. I can tell you I love to buy buy a commodity when people DON'T want it, or the price is down. I have made money buying silver that way and I will always stack it. I buy gold because the majority of Central Banks are stacking, and it offers "peace of mind." Having both is the best of both worlds.
Everything you say makes sense to me. It is common to start buying silver first, before gold or any other metal. It is good and it feels safe to "dip one's toes in the water". After a few hundred ounces of silver, the natural progression is to shift into gold. It was right around there for me that I finally saw the elevated premiums of silver, relative to gold. After the switch to gold, I think it is natural to then get into the stock market and pull back on metal accumulation, without stopping it altogether. The whole point of silver, gold, platinum, stocks, ether, real estate, or bitcoin is building wealth. Once we see money and wealth building as the rich do, our perspective really changes IMO. Thanks for the video.
I am in college and money is super tight and I can’t really afford to buy either, I However received lots of paper money from our government and just put it into 90 ounces of silver(22$ with 1 dollar spot) and 1/2 ounce of gold. I have since then been able to trade my way up about 5 ounces of silver with no extra cash. I enjoy above all else how it has helped me to save, energy drinks,food, consumables in general would have caused all that money to disappear but now I have a little bitty shiny treasure and that’s y regardless of what is better( personally I like gold) I’m super happy with my decision!
Wow, our spot in Michigan, USA is $15.50. Sort of ridiculous. A $1.00 face value of 90% coins is about $20. My husband and I just started buying for our retirement. We are kicking ourselves for not starting our buying earlier.
adam, i am too in college and am seeking to invest my money, i just don't know where to start...stock market? Crypto? Silver/gold? I guess we shall see
“Gold is the currency of kings; silver is the currency of gentlemen; barter is the currency of peasants; but debt is the currency of slaves.” - Norm Franz As long as we all fall under the kings and gentlemen category (in terms of stacking PM), all is good. Not everyone can be a king, but certainly everyone can be a gentleman. 😃
Love me some silver, focusing on gold lately because its easier to store and even though silver is easy to sell gold is even easier...I dont have much extra money to invest in any metal so to me holding $200 in silver is just more satisfying than holding $200 in gold...its a visual stimulant, but now that I have plenty of silver the focus turned to mostly gold....
What's the best part of $200 silver vs gold? That you can shuffle silver like poker chips =) Vs flipping a little 1/10th coin for "heads or tails" (and barely - with my "old" eyes - be able to tell which it is) LOL
In a zombie apocalypse you can always use silver rather than gold. Less likely to get killed by others for your coin and u can barter for smaller valued things more easily. So silver has a place still.
Thanks for a very thought-provoking video. I've been buying silver on and off since 2014, adding to some that my dad left to me when he passed. My only reason for preferring silver to gold right now is that I believe that the current price of silver is artificially low through market manipulation. Therefore, for me, it's not a "toss up" between silver and gold, silver just seems like a better deal right now. There are other considerations, but that is the overriding one. Thanks again for a great video. I wish you well.
Like many, I started (largely) with Silver. It's so easy to fall in love with silver. It's beautiful, it's easier to get and to get a lot of variations. I had accumulated many dozens of pounds of Ag... When I had to move, I realized what a pain it was to deal with (to move, sell, store, etc...) I still keep a reasonable supply of ASE, but WAAAAY less than before. Au has the benefits (as you note). All power to silverstackers... no hate here. but, I'm a recovered silver-stacker and happy.
I started with stacking silver since it is cheaper and more affordable and all that. But I realized soon that buying fractional gold made a lot of sense too so I stopped buying as much silver. Yes there are premiums but I don’t mind. I like having it 50/50 right now but I think when you reach a certain threshold of silver value the physical amount of it sitting in a safe does seem ridiculous. So I think most people would probably moved more towards gold as time goes on. Makes sense!
I think people too much in this day and age forget that everyone is entitled to their opinions and those opinions are driven and derived from a place of experience. You know me, and you know i collect silver and gold both, but there will never come a time when i shame another individual for not doing the same or wanting to stack one but not the other. Yes i absolutely wish the silver premiums would go back down, nobody is looking forward to that day more than me, but i cannot stress the importance of gold and the fact that its a wealth meter for countries. So in that sense, i absolutely agree that its the better metal. Take care.
At some point people will get frustrated with silver premiums and it will have to come back down. That's when I'll be interested in it again. Probably. Cheers!
We def all wish premiums would go back to normal, but unfortunately for us buyers, demand is driving the premiums, which seems to be the actual price of silver vs spot price. As a matter of fact, premiums just went up. Sure does seem like the new norm. I guess we just have to be better at shopping for our metals because +6-8 for generic rounds is crazy! Keep stacking, brother 👍
Bravo! Well said. I am in this same position. Started with silver, built a nice stack (some would say an excessive amount - lol), and then moved on to mostly gold buying. My silver stack was built from 2010 through 2020. I now only buy silver when it is very attractive to me, such as the 85 Morgans I bought from a very good friend at a nice price. Other than that I am buying gold these days. I like the fact that gold is so concentrated. I once had $85k worth of gold in my jeans pockets and no one but me knew I had it on me. Just try that with silver! lol But it is good that my silver stack was purchased earlier than today when premiums and prices were much lower. We all come to where we are via making choices that seem good to us as individuals. My reasoning may not and does not need to be the same as someone else's reasoning because we are different people in different situations. Personally, I don't care if others prefer gold or silver or no PMs at all. That is their choice and they will have to live with the results of their choices. Hopefully, whatever they are, they will be good reasons that work out well for those who made them.
Experience? I have little (in terms of metal). But, I absolutely agree that the yellow HAS to be the better metal. HAS to be! My LCS sold me an ounce of silver for 24 bucks. For the same yellow they command 2000 bucks! So, in that sense (even with little to no experience), I , too, absolutely agree that is the better metal. If it's proven to not be- WE ALL IN TROUBLE, BABY!
I favor gold over silver, the main reason is that mobility and weight are key to me. Stacking more than a Monster box would not be practical in my case. I do like silver itself, I buy it to round up the bill and it keeps stacking fun, while saving for gold for a couple months.
FIAT is dead. So, if you do not have a lot of farmland and woodland, you better shift your fiat to gold and silver. Especially silver when that ratio nomalizes and we return to true price discovery or you will have a lot of worthless USD.
@@KoDeMondo Mobility! Do you not see that they do not want people being mobile? Things will never go back to how they were! Especially not for the next decade. We are in WW3.
It’s crazy to me that so many people are so concerned with what precious metals are doing moment to moment, they might as well be running around on the floor of the nyse with their hair on fire. Silver & gold are both great, Just buy what you like-
No-one should hold gold or silver as a short-term gain (short-term meaning less than five years). You hold gold and silver to fundamentally PRESERVE WEALTH.
I agree. So many people were pushing silver, and yet the stock market was giving us 5 to 18x returns. Silver may be useful for the extreme long haul, but we can't ignore the huge profits to be had.
Rabid silver lovers dislike the stock market intensely. I think that this is a combo of their visceral dislike for everything that isn't silver as well as their complete ignorance of how the US stock market actually works. If they understood the market better they would realize that they could make some good profits there with which to build bigger PM stacks. That's pretty much how I did it and I think that with some study and a little experience anyone could do the same.
Just the video I was looking for. Thankyou for this. I’ve been considering trimming my silver holdings outside of my constitutional silver because that’s just historical and fun to me. I have found myself only focusing on gold lately and am starting to prefer it.
PS from the people I've talked to it seems silver is a gateway metal lol, lots of people start with sliver because its "affordable" and a decent chunk of silver stackers just need a bigger fix and switch to gold, lol
I have to agree with you 100%! Once I had 100oz in Silver but 3x the value in Gold and compared the weight/volume… it was a no brainer! I mean you know it’s significant from the start but once you actually FEEL it, the switch goes off 😂 I still stack both but stick to a 75/25% Gold to Silver Ratio… one reason is because I still fantasize about my kids (in disbelief) opening a treasure chest I leave behind for them 🤣🤣
Same here - I used to put extra cash into savings accounts for them, but the changes that are going on, now I'm stacking. I don't want to leave them nothing.
I have a stash of silver but I’m only buying gold at this point because of all the reasons you mention. I have no intention of selling my stash of either.
I decided to stack gold because of your advice back in Nov 2021. Glad I did that too. Gold is the way to go. I also discovered the possibilities with stacking platinum. So now it’s NOT silver and gold, for me it’s Gold and Platinum! Love your content and your honesty is very much appreciated!
@@2is1gold you are welcome! Check out the future possibilities of platinum. I particularly love the eagle coins that says $100 on it. Very interesting face value compared to a gold eagle at $50. If the economy tanks, which many say it will, platinum will crash too opening a window for a good opportunity. Just a feeling…thanks for responding…looking forward to your next video.
@@MC-.- What turned me off from platinum is the push for electric vehicles, which kind of favor gold and silver due to their need in electronics. Since catalysts demand will drop, I'm not comfortable with owning platinum as bullion atm. What made you buy platinum? Maybe there's an upcoming tech demand I don't know about.
I stack both but i'm definitely stacking way more of the yellow stuff compared to the white stuff. Best of both worlds. Plus, a pirate chest isn't complete if you don't have both
I love them both and the step sibling platinum also. As someone from a slightly different side of things having owned more than one coin shop at a time, silver has always been where we make the money. In fact there was a time we would make more money selling you a redbook than gold krugerrand. We sold krugerrands for 5.00 over cost no percentages back then. I really suggest depending on someones budget a nice balance. If you are a high roller then maybe only 10% in silver 90% gold but if your a smaller fish say spending under 10,000 per year put 60% in silver and 40% in gold. Lets be honest there are people putting massive amounts of money each year in metal but they just buy gold with few exceptions. Please stay with low premium popular items no Bart Simpson 149.00 rounds. Just my thoughts, but remember the most important part stack something because most do not.
Great perspective. One knock that I have with silver has always been that the people selling it are the only ones making money. It's a bit like the people selling pickaxes to the gold rush crowd. No offense there. It's business and good business at that. Cheers!
"... but remember the most important part stack something because most do not." Amen to that. Whether one has gold or silver or both could become far more important than they appear to be in the here and now. Things change with time and sometimes radically. The history of fiat currency is abysmal. Such currencies can a do implode and disappear, usually after an orgy of hyper-inflation. With the US Gov borrowing and printing ever more dollars to squander than they have, that the US$ will crash hard one of these days is not in doubt. Only the "when" of it is obscure. I can only imagine the deer-in-the-headlights looks on the faces of people who were millionaires, multi-millionaires, or even billionaires the day before a horrendous crash suddenly realizing that they now have no money at all.
@@2is1gold only if you buy route 1 coins from big name dealers …cardboard cutout style …love your calm measured feel but you seem to know fark all about the enormity and variety available in the silver arenas …a little ingenuity and viola …see my earlier eg how i can make 30x in 2 weeks …in silver …gold is just for snuggling away nuggets not for making profits generally. ie silver for trading building gold for storing … but glad you did well , whatever, its horses for courses. 15kg feels a lot more substantial and real than 150g or even 0.15g abt 1 carat diamond which are 1000x more efficient than gold for storage imo anyway cheers bro
I agree with you, but hold some silver because it's smaller denomination. In a SHTF scenario you might be able to buy necessities with ounces of silver.
Yeah, depends on the situation. Having a few tubes of recognizable coins definitely can't hurt. I'll buy a few tubes of Eagles again as it makes sense. Cheers!
I've been slowly stacking for over 15 years. mostly Silver with only a few purchases of Gold. I finally tallied up everything the other day to see what I had. What shocked me was that despite having almost 100 times more Silver than Gold, the total value of both was very similar. The space saving for storage alone is enough to make me lean towards Gold in the future.
I like them both. But with silver, I reached my personal goal of 1000 oz. To stack up the same amount of gold, it would take me more than the 9 lives of a cat…
Yes . I've been going more to this direction every year . Stopped buying silver in 20 , now just gold . Seriously considering selling most of the silver ,and buying gold with the proceeds . Also ; no more Milk Spot concerns !
Your channel is the only one I watch consistently. Along with Campbell's Coins. I must admit I was one to fall for alot of the pumper BS. It is what it is. Now, I just watch very little and get what I like. Really like your channel because I felt you looked at things from a more realistic perspective. Wish I would have found your channel first. ✌🏽🌮✌🏽🌮
I am kind of a seasoned newbie thanks to watching your videos back in 20' and I perfectly understand your take on silver, as for myself regardless of premium my philosophy is having a 85%/15% gold/silver just in case as ive been hearing for almost a year now silver is going to have a run of its on anytime now
I started stacking Silver late last year based on those same videos, but going on 72 I switched to gold to protect my wealth and hedge inflation. Kept what little silver I have (less than 15 ounces) just in case. I totally agree with you about gold's value and portability. I am concerned about the dollar devaluation based on many geopolitical, domestic and foreign US policies, the petro dollar issue, et.al. Will continue to accumulate gold as best I can to leave some real wealth to my kids, had rental properties but due to advancing age sold all of them and using profits to buy gold protection and possible increase in value based on the aforementioned concerns. Love your videos BTW!!!
Persistent inflation will make owning gold and silver a wise idea. We keep hearing that this is transient but the longer it goes on the more built into the system it becomes. The thing that I love most about PMs is that I can use them to hold my own financial future in my own hands, rather than handing it over to a banker or a broker. Yes, I have stock / funds / ETFs in my wealth plan too but it is the PM stack that will stand tallest during hard times. I believe such times are coming because of all the poor choices that are being made with the US$, government spending, inflation, etc. This is not about politics, IMO, but about math... and the math of it seems pretty clear.
I am relatively new to stacking. Right now I am stacking silver due to affordability. However what you were discussing in the video makes a lot of good sense. I am open to understanding and learning so appreciate your point of view
Me, too. December 2019. Used the proceeds to buy nice, light weight, much more portable gold. Haven't missed those buy premiums. On a recent trial of a carless, get out of a Dodge scenario (Vlad the War Criminal was bombing a nuclear power plant; not partial to radioactive clouds) definitely was nicer to have the small, lightweight stuff. No regrets. Glad I got out of the silver stacking business. Easily sold a few oz's of g in a nearby country to stack some cash. By the way, have you considered a career in international diplomacy? You do an excellent job of articulate "no judgment" while expressing a strong point of view. Best gold channel. -your fan in Eastern Europe
@@2is1gold I love this definition of diplomacy. It is sometimes referred to as having the ability of telling people to go to hell in such a way that they actually look forward to the trip. lol
My opinion is that silver was used more industrial when it was ridiculously cheap. Silvers Achilles heel is it's thermodynamic properties that it heats up so it has limits for electrical use. What I'm saying is that Gameboys probably are ok to use silver but diodes and more modern tech are using Gold, space uses Gold too, CPUs and quantum computing, Gold.
Over time, silver becomes problematic due to sheer volume and weight. I’m more focused on gold, although I’ve always wanted a 10oz RCM bar. That’s a beauty.
Only thing to the moon is the premiums, what a turn off for me at this point $12-$14 a coin ugh, but did find some deals on eagle $5 over spot on Friday Sold out very fast random dates, but I still love my gold over silver any day.
If you bought your silver in 2003, sure, sell it if you want. If that’s the case silver did it’s job for you . Besides you’ll have time to reinvest if you want to, silver probably isn’t going anywhere too soon.
@@2is1gold this guy is giving horrible advise! Keep buying and holding silver! It will soon skyrocket to unbelievable levels. The 77-1 gold / silver ratio will soon gap closer! Silver is the best precious metal investment of all metals! I can’t believe what is being said in this video! Horrible advise!
Single dad here. I buy when I can normally 90% but I'll pick up a fractional gold piece about 4 times a year. I agree with you about spot price getting out of hand. I have a descent coin dealer.
I’ve been buying PM’s for almost 8 months and made a lot of mistakes in the beginning (classified them as mistakes as I learned more). I bought a lot more silver than I did gold because of the price point but still bought gold. I love silver and have found I really like some silver coin series (Swans & Elephants) so I’ll continue those as long they keep releasing them. Now, I buy silver occasionally if there is a coin I like or a 5 or 10 oz coin/bar I’ll be able to sell down the road and they premiums aren’t quite so hideously high. With all that said I’ve stopped buying silver and I’m now predominately buying gold (Eagle & Britannia fractional). I prefer getting Eagles but if premium is too high I go with Britannias. I’m waiting to get a couple orders then I’ll be at 9.25 oz’s gold and 285 oz’s of silver. I will increase my gold # more now than my silver unless I see a new coin in one of my series or just find a really good low premium deal. And yes, I am upside down on both mostly because of my previous mistakes. I hope they even out over time. I liked the video but you’ve said a lot of that before so some of that wasn’t new. Have a good week everyone!
@@2is1gold "I could have spent it on worse things." This reminds me of the joke about a fellow who was asked what happed to the money he earned in life. He replied, "I spent most of it on fast cars, faster women, and the best booze I could find. The rest I just wasted. ;-)
hello! do you mind telling me what are those 'premiums' you speak of? Im new into this field, and would like to invest some of my income into this. When can i get low premiums??
I have a lot of SILVER but I really been focusing on GOLD hard. I just picked up another 1/10 oz AGE today. I am passed my 1oz of GOLD to every 100oz of SILVER. After this last pick up of GOLD. This put me over the 1 to 100. Getting more focused on GOLD is all you my friend. You opened my eyes. I still will pick up SILVER. I just went to a LCS he didn't have much. No AGE but I picked up his last 11 SILVER ROUNDS for $2.00 over spot. I just couldn't walk away from that.
My idea is to stack up silver until a specific threshold, and then trade it to gold, and repeat. I don't have a high enough income to get into gold immediately, and small amounts of gold have too high of a premium. Buying silver also puts a big stick behind the door of trading it back into cash to use it, so it's a good way to save up for gold and PM in general imo. Just my 2 cents. Good video.
I agree. I bought my silver bullion back in the mid-1980s when silver was under $8.50 an ounce with premium. When silver goes back to $20 an ounce, premium included (if it ever does), I say it's time to buy again. 👍
If premiums were better I’d buy more than thirty ounces a year. Like you I just can’t justify the extra cost vs other opportunities with better upside.
I’ve always been bullish on gold but I do have some silver. Everyone is entitled to there own idea on this subject. I agree with you when you’re talking about volume. Silver just takes up too much space to store. Gold is the best for me since you don’t need to much space to store it.
I think silver has more upside. I like the value/density/history of gold. I don't know what's going to happen to price of either so I stack both and will be both right and wrong in my choice. Reality is, having none and being 100% in traditional financial markets feels like the gamble.
I am doing the same thing I’m selling the silver for gold. Big banks and big central banks don’t hodl silver as much. I hate the premium on silver right now. It makes no sense why you can sell an eagle for 42 bucks but will only give me 28-30 for one. So pricing will never meet its intrinsic value because of manipulation unfortunately
I’ve transitioned from silver to mostly gold as well. Silver is a pain in the ass when it’s time to sell in my experience. Spread is high and it’s heavy to ship.
There are good reasons to stack both. I think a small amount of platinum is worth having as well as it retains its premium over time compared to gold and silver. I have to admit I wish I'd jumped right into gold last year rather than silver when I see a decent jump in price with gold in under a year while silver still hasn't reached the spot price it was last May when I began. That being said, the physical price is very disconnected with silver making it a sellers market. Edit: in a fair world I would put the ratio at 1 kg silver to 1 oz of gold, seeing as it comes out of the ground at 8:1 and was historically set at a 16:1 ratio. The current ratios are ridiculous but silver being a somewhat industrial metal keeps the price suppressed.
2is1 My personal G to S ratio is over 70 to 1. I’ll start bleeding my pile of silver at 60-1, 50-1, and all at 40-1. I’ll always keep $500 Face in Constitutional
I like silver because it seems less volatile, and more in line with the "store of value/inflation hedge" narrative. Gold has been a lot more volatile in the time I've been paying attention, but a lot of that is probably macro reasons. Also, I don't have a lot of money, so my choices are usually either I have to be a single coin for nearly $2k to get a reasonable premium, or buy a tenth of quarter ounce coin at a ridiculously high premium, whereas I can spend a few hundred bucks on a 5 ounce silver bar and only pay a relatively small premium. But practical reasons aside, I probably agree on all your points, and if my income were a little higher, I would opt for 1 ounce gold coins as well. Great video, as always, keep up the good work!
@@2is1gold There is a lot of chatter about the Rouble going up as Russia restricts more commodities to Rouble-only purchases, and they announced they will also accept gold recently. Once they actually start selling in gold, will we see major jumps or do you think existing national reserves will mitigate demand increases?
I'm with you on this. I do have a bit of silver, 65oz in point of fact, half of which I consider quick and safe liquidity and the other half are just coins I bought because I like the design and the premium wasn't too high. I quickly realized, when I decided to start stacking metals, that stacking silver would be a logistical nightmare. Gold is pure condensed value, easy to transport, easy to store, I could walk around with 25k of it in my pockets(not that I do) and nobody would be the wiser, and it is somewhat more stable as an investment.
Great video! I know there are plenty of sliver bugs still out pumping silver - but spot price has to reach above $30 to make many recent silver stackers (like me) ahead in the game. Honestly the premiums just KILLED us silver bouillon holders.
Agree that this is the case these days but those of us who were into silver years ago and bought a lot of it around $16 an oz. or so WITH premium are feeling no pain these days. The only thing we are feeling now is... vindication. lol
Good talk. Since I’ve been stacking for all of almost 6 months, I started with silver just out of fear! Is the mailman really going to deliver this? He did so all was good. Honestly your volume weight concern is extremely valid. If you are just addicted to stacking, stay away from those copper bars. I boil silver and gold down to this. First I prefer gold for many of the reasons you mentioned. I try not to look back though. I’m buying these metals and turning around and comparing to the paper currency that drove me to metals in the first place. But I don’t see myself selling my silver unless I needed the money. Same with my gold. There is that entertainment aspect of metals. I’ll be honest and no one hate on me. I love my country and fought for it. But the regular bullion gold buffalo is boring. Compare that to a maple leaf? If the maple leaf was produced by a 10th grader then the buffalo was created by a 7th grader. And I know from a value proposition it does not matter which looks nicer to me! And since I am new to both, I’ve got this hang up on buying the pure stuff. 9999 silver and 24k gold, why? I have no idea! It’s just fun. So in the end I’ve got this cache of silver and gold. What I paid doesn’t matter. It’s not an investment. As far as crypto, while it has become more main stream, it still seems like the Wild West. And the one thing that Bitcoin set out to do.....scarcity. But if people keep spinning up new blockchains, then scarcity goes out the window. My point is even in the digital world we can artificially pump more digital currency into the market with new blockchains. Oh, so I’ve made an exception to the 9999 silver with my 3 Peanuts coins. What is wrong with these private mints. Snoopy rocks!
The entertainment value for me is huge. I have a few coins that I’d call prized possessions. Premium doesn’t matter one bit. Be careful, by the way, those Buffalos grow on you. 😅
My first gold 1oz American eagle I bought was picked up by my neighbor.so I understand your concern about the mail delivering it. The post office told me who they thought might have got it. I talked to the guy with his daughter acting as interpreter, first they didn’t want to admit to getting the package, but they did end up bringing it to me later that day. It was out of the shipping box, in fact I never saw the shipping box, I’m not sure if they knew exactly what they had I feel lucky to have gotten it.
yup and as a programmer most dont realise the alleged supposed scarcity of btc is total BS . in C that 21 million is just a constant that can be changed instantly effortlessly if the NWO scum who manage and control the blockchain ffs the Fed even owns 5% …or a hack or a protocol fork …with every single transaction totally publicly traceable …forever …what a totally evil entrapment device but genius
I started as a crypto guy and got interested in precious metals. I don't see precious metals as a moonshot but something nice to keep around. I have a goal of buying an ounce gold coin for each of my kids and giving it to them on their graduation day. Seems like a nice thing to have for a rainy day.
I got back into coin collecting when all the hype started happening so my average cost is high. I'm keeping for the collection and not an easy flip but my timing was not good 😭
@@2is1gold Yes, it would. But it is interesting that a lot of the countries that have a VAT on silver do not have a VAT on gold. Seems as if the folks making the rules do so in their own favor... again.
I stopped stacking for a while back than. I remember watching you’re video thinking yea I’m done till the premiums come down. I jumped back in around 24 and caught a good dip at 22. I’m currently done stacking until I see a good pull back on premium or price.
P.s. the only way for sub 20 dollar AG is a scenario of a derivative liquidation. This inflation will not allow it however I know I can't underestimate jpm
I have to agree with you, why pay these outrageous premiums on silver when the premium on gold is between 3 to 5%. While I haven't liquidated my silver holding, I'm just not buying it in bulk like I used to.
Interesting perspective. You're not wrong about the silver premiums. I stopped buying ASEs entirely because of it but still pick up Australian Kangaroos since they are more reasonable. I was an early adopter of both Bitcoin and Etherium and pulled a portion of my profits last year right before both took a dive -- put the proceeds into silver. I have gold too, and yes the weight/volume of silver is a problem. I'm still on the fence about trading silver for gold. The idea that silver is overly price manipulated and a return to a more "normal" price ratio with gold is tantalizing. I guess it depends on why you are stacking and how much time [you think] you have to hang in there.
I think you made the right choices. That bitcoin move paid off nicely. I am from the future and I can tell you, you learn to stack gold really well. Great quote!
Russia/Ukraine is a great reason to stack gold. And as you say, if you has a couple hundred pounds of silver, and all you could take is a backpack, your wealth would still be in Ukraine if you had to flee. I do agree having some silver for barter if it comes down to it is a great idea, but the same investment in gold is not only lighter, it's also the money of nations, whereas silver is the industrial metal of nations.
Yeah, I've always thought it made sense to have 40 - 80 oz of silver in very recognizable format (like ASEs). It's almost like a supply to me. Beyond that it gets into territory that gold excels at. Cheers!
This is the exact thought process I have as well. My only hold back right now is the silver/gold ratio. I'd like it to come down a bit before starting to make the switch
@@BelayaIvanka1 Agreed. Back in 2011, the G:S ratio dropped down to about 33:1. At or about that level, I would be happy to swap 80% of my silver hoard for gold. I'd keep the other 20% just because it might give me options that only having gold might not. Considering all that is going on these days with war in Eastern Europe, supply chains breaking, quickly rising inflation, etc. it would not surprise me if at some point we did get back to bartering from person to person. If so, then that is better done with silver due to its value being a lot lower than gold. Making change at that point could be difficult and I'd hate to spend a 1/10 oz. gold piece on some food that just as easily could be bought with an oz. or less of silver. While that probably isn't highly likely to occur anytime soon, it's probability also is not zero... and I do like to have multiple options when trying to plan for a murky future.
I'd guess personal preference has a significant impact as to which one picks up. I'd wager someone just getting into stacking, on limited budgets, would naturally look at silver to start. After a few years of slowly building up, then look to move into gold. Either through saving up, trading up, or just fractional, it's usually the dream for beginners with small budgets. Personally, I also look at platinum as another option. It has held its value over the years, but doesn't have the wild swings the other metals tend to see. Of course, these premiums are a notable deterrent for any purchases, and it's just smarter to buy in bulk then smaller amounts - so silver might still draw the majority of stackers.
It's all about timing and that was great timing on buying crypto. Bitcoin might go up significantly but when shtf then silver will be #1 and crypto might have a major crash from liquidation crisis, energy crisis, cyber attacks and whatnot. Of course, countries will prioritize gold always. Not enough value in silver even if it outperforms gold. I like silver for bartering too.
I love both gold and silver, but I just can't not take the gamble and not go heavy on both metals especially silver, because the upside potential on silver to me.... we'll see.
That comment sounds like the ‘Doge is going to the moon’ comments. But I think Doge has more been flushed down the toilet instead. I’m not saying silver will be like that, just your comment sounds more unrealistic.
Storage and portability. Right here. Once I found myself stressing the hinges on the plastic ammo cans moving ridiculous amounts of silver around, combined with fortuitous timing, it was an easy decision to liquidate silver. I’m with you, sub $20 including premiums and I’ll run the game again. We’re on the same page.
Despite having silver in my UA-cam name I'm not going to be one to yell at you or anyone who sold silver. Silver is volatile as hell and a lot of people here on UA-cam either don't understand that or think that will just magically go away at some point. It won't. I bought silver for a lot of years but I haven't bought anything (other than a handful of fun pieces and stuff I got on the cheap) at the current high premiums. I just can't justify buying in bulk. If I want some fun stuff in silver I'll get it, if can get some privately on the cheap I will, otherwise I need to see premiums die back before I really start buying again.
I'd love to see premiums come back down. I don't have a big goal on what I'd like to have, but even that feels gross right now. ASEs are ridiculous. Cheers!
I am in my 30's. As long as things go decent, I should have a good 30+ years ahead of me. Here are some interesting numbers I just did the math on. If you invested 5 grand in silver in the early 90's at 4.50 oz and then sold around 40 (not even the highest) and ounce 20 years later, you would have turned 5 grand into almost 45K. If you invested 5 grand in gold around the same time at about 340 an ounce and sold today at its near all time high, you would have turned 5 grand into.... about 28.5K. The numbers are clear on this. I know they could change based on when you bought what, but this is a large enough of a gap to pay attention. Sure you need more physical silver vs physical gold for same value, but 16K more money from sale (in this case) is worth the extra storage and weight to most. : )
Well said, I enjoy hearing how it all went down for you, I am sure I have heard bits and pieces over the course of watching you. Timing is everything and you did well! I much prefer gold too. I do have silver and buy some very occasionally, but gold is a much bigger focus!
This video is timely. As I have amassed nearly 400 toz Ag, I’m starting to see the validity in your thinking now. My focus has also shifted to AU. I can thank silver for allowing me to dip my feet into gold. In that sense, it worked out for me.
I'm glad your flip to crypto worked out for you! I've been stacking silver since early 2019 but I have been moving towards gold lately! Great video! Thanks for sharing! 👍🇮🇹🐎✌
I'm keeping my silver because I want to be diversely invested, even in PM. But I have stopped buying it for the time being, and only buying gold and palladium now.
I stopped buying both silver and gold, and started buying bourbon. It's way more fun, more tasty, more interesting, more conversational, less volatile, and great to share with friends. Bourbon. Not bullion.
I want to thank you for adding your perspective. I am late to the precious metal game, and you helped me a lot. I wish I had found your UA-cam sooner. I got the silver hype, and the UA-cam algorithm didn't help about feeding into the silver stacking. You were one of the people who caused me to re-think some things. I appreciate your show and your perspective. After doing this for a short period of time, I think silver is a great way to start in precious metal, because the entry cost. I wish I just bought a little of everything, slow and steady, then a year later, determine what to focus on. I go back and forth between bars and coins. It is one thing to see a video, but it is another thing to hold items and see them in front of you. Silver feels good to hold too. There is so much variety. Then you buy a gold coin, which feels and looks awesome. But you see this little coin worth 2k, and that is kind of mind blowing too. You don't fully know how you will feel until you buy it and hold them. Like you said, once you start getting over 100oz of silver, you got a storage issue. Also, silver premiums are high, especially eagles. Silver spot price needs to rise to about 35-40 dollars in the future for you to recoup that premium now. With "premiums", they hit you on both sides (buying and selling). I am now at where you were a year or two ago. I am not buying silver unless there is a coin I really like as a novelty. But my silver "stacking" days are over.
I always figure that even with mistakes factored in there are worse ways to spend (waste) money. I'm with you on the mind blowing nature of gold. One small coin keeps a crazy amount of value. Cheers!
Hi I understand you, here in Australia when you buy silver you sell it at the similar price of the bullion dealer so this is the best way to recover your premiums, I think me too I would like to get rid of my silver and change it for gold but we must be honest with ourselves the silver price is very very cheap even with the premium and this isn't real and is not even sustainable for people who they are constantly manipulate the true value, there is a very interesting article from an Australian economist John Adams about the silver moon shoot, it's worth a reading
hello! do you mind telling me what are those 'premiums' you speak of? Im new into this field, and would like to invest some of my income into this. When can i get low premiums??
@@rizzoli7 Carlo il premio è il costo di produzione delle monete e delle barre, generalmente più sono piccoli e più costano. Generalmente il premio è fisso quindi se lo spot price è basso paghi di meno ma sulla moneta/barra devi sempre aggiungere il premio😉
Great story, congrats. I have been watching and owning silver for years and am so disappointed with the directions silver and gold is going… Love crypto also but am being schooled with it! Thanks
I have been stacking BOTH gold and silver for over 14 years now. I still stack AND will always buy both metals but for different reasons. I can tell you I love to buy buy a commodity when people DON'T want it, or the price is down. I have made money buying silver that way and I will always stack it. I buy gold because the majority of Central Banks are stacking, and it offers "peace of mind." Having both is the best of both worlds.
🤜🤛
You talk to much,get to the point
@@edwardmccarthy5518 *too
@@ascgazz obviously for someone that can't comprehend words longer than a sentence or two, grammar is not his strong suit.
@@moderndayennui4999 i think mine was more catchy.
Everything you say makes sense to me. It is common to start buying silver first, before gold or any other metal. It is good and it feels safe to "dip one's toes in the water". After a few hundred ounces of silver, the natural progression is to shift into gold. It was right around there for me that I finally saw the elevated premiums of silver, relative to gold. After the switch to gold, I think it is natural to then get into the stock market and pull back on metal accumulation, without stopping it altogether. The whole point of silver, gold, platinum, stocks, ether, real estate, or bitcoin is building wealth. Once we see money and wealth building as the rich do, our perspective really changes IMO. Thanks for the video.
Good perspective here. Cheers!
Well put.
Indeed,well said.
I am in college and money is super tight and I can’t really afford to buy either, I However received lots of paper money from our government and just put it into 90 ounces of silver(22$ with 1 dollar spot) and 1/2 ounce of gold. I have since then been able to trade my way up about 5 ounces of silver with no extra cash. I enjoy above all else how it has helped me to save, energy drinks,food, consumables in general would have caused all that money to disappear but now I have a little bitty shiny treasure and that’s y regardless of what is better( personally I like gold) I’m super happy with my decision!
Wow, our spot in Michigan, USA is $15.50. Sort of ridiculous. A $1.00 face value of 90% coins is about $20. My husband and I just started buying for our retirement. We are kicking ourselves for not starting our buying earlier.
@@mycharmedunicorn8715 yup, if i only....
Btc was only €32,- in march 2019 😭😭
Just 1k and i could have been rich 😭
silver is an intelligent traders paradise keep it up
adam, i am too in college and am seeking to invest my money, i just don't know where to start...stock market? Crypto? Silver/gold? I guess we shall see
@@rizzoli7 dca is a smart way to go. Especially now in a bear market. Buy some metals and crypto every month.
“Gold is the currency of kings; silver is the currency of gentlemen; barter is the currency of peasants; but debt is the currency of slaves.” - Norm Franz
As long as we all fall under the kings and gentlemen category (in terms of stacking PM), all is good. Not everyone can be a king, but certainly everyone can be a gentleman. 😃
Better than slaves. 🤜🤛
Imagine trying to explain Bitcoin to Norm Franz. He'd say it's the currency of nerds 😂
We're all gonna be dead at the hands of the elites
Wow thats amazing quote ,glad you mention it
@@taylorsessions4143 lol
People will soon realize that the paper price is not the price of silver! The premium price is more accurate to the actual spot price of silver!
Love me some silver, focusing on gold lately because its easier to store and even though silver is easy to sell gold is even easier...I dont have much extra money to invest in any metal so to me holding $200 in silver is just more satisfying than holding $200 in gold...its a visual stimulant, but now that I have plenty of silver the focus turned to mostly gold....
Yeah, I get that. Curbs the itch, like some kind of patch. 😄
@@2is1gold Hahaha :) yup
What's the best part of $200 silver vs gold? That you can shuffle silver like poker chips =) Vs flipping a little 1/10th coin for "heads or tails" (and barely - with my "old" eyes - be able to tell which it is) LOL
In a zombie apocalypse you can always use silver rather than gold. Less likely to get killed by others for your coin and u can barter for smaller valued things more easily. So silver has a place still.
@@mrmostlyharmless 🤣 Silver has a place in a zombie apocalypse. 🤣
Thanks for a very thought-provoking video. I've been buying silver on and off since 2014, adding to some that my dad left to me when he passed. My only reason for preferring silver to gold right now is that I believe that the current price of silver is artificially low through market manipulation. Therefore, for me, it's not a "toss up" between silver and gold, silver just seems like a better deal right now. There are other considerations, but that is the overriding one. Thanks again for a great video. I wish you well.
2014 would've been a good time to start in. Cheers!
Like many, I started (largely) with Silver. It's so easy to fall in love with silver. It's beautiful, it's easier to get and to get a lot of variations. I had accumulated many dozens of pounds of Ag...
When I had to move, I realized what a pain it was to deal with (to move, sell, store, etc...)
I still keep a reasonable supply of ASE, but WAAAAY less than before. Au has the benefits (as you note).
All power to silverstackers... no hate here. but, I'm a recovered silver-stacker and happy.
That was my arc too. I understand (the benefits of) silver but it’s not for me any more and getting out of it took some timing. Cheers!
Same journey for me. Gold is just easier for me. Silver gets WAY too heavy
I started with stacking silver since it is cheaper and more affordable and all that. But I realized soon that buying fractional gold made a lot of sense too so I stopped buying as much silver. Yes there are premiums but I don’t mind. I like having it 50/50 right now but I think when you reach a certain threshold of silver value the physical amount of it sitting in a safe does seem ridiculous. So I think most people would probably moved more towards gold as time goes on. Makes sense!
Yeah, most people probably start with silver and most people probably shift to gold. Relatable story. Cheers!
Yes, it does make sense but maybe it is also the maturing
of the stacker and their finances that add to this.
I think people too much in this day and age forget that everyone is entitled to their opinions and those opinions are driven and derived from a place of experience. You know me, and you know i collect silver and gold both, but there will never come a time when i shame another individual for not doing the same or wanting to stack one but not the other. Yes i absolutely wish the silver premiums would go back down, nobody is looking forward to that day more than me, but i cannot stress the importance of gold and the fact that its a wealth meter for countries. So in that sense, i absolutely agree that its the better metal. Take care.
At some point people will get frustrated with silver premiums and it will have to come back down. That's when I'll be interested in it again. Probably. Cheers!
We def all wish premiums would go back to normal, but unfortunately for us buyers, demand is driving the premiums, which seems to be the actual price of silver vs spot price. As a matter of fact, premiums just went up. Sure does seem like the new norm. I guess we just have to be better at shopping for our metals because +6-8 for generic rounds is crazy! Keep stacking, brother 👍
Bravo! Well said. I am in this same position. Started with silver, built a nice stack (some would say an excessive amount - lol), and then moved on to mostly gold buying. My silver stack was built from 2010 through 2020. I now only buy silver when it is very attractive to me, such as the 85 Morgans I bought
from a very good friend at a nice price. Other than that I am buying gold these days. I like the fact that
gold is so concentrated. I once had $85k worth of gold in my jeans pockets and no one but me knew I
had it on me. Just try that with silver! lol But it is good that my silver stack was purchased earlier than
today when premiums and prices were much lower.
We all come to where we are via making choices that seem good to us as individuals. My reasoning may not and does not need to be the same as someone else's reasoning because we are different people in different situations. Personally, I don't care if others prefer gold or silver or no PMs at all. That is their choice and they will have to live with the results of their choices. Hopefully, whatever they are, they will
be good reasons that work out well for those who made them.
Experience? I have little (in terms of metal). But, I absolutely agree that the yellow HAS to be the better metal. HAS to be! My LCS sold me an ounce of silver for 24 bucks. For the same yellow they command 2000 bucks!
So, in that sense (even with little to no experience), I , too, absolutely agree that is the better metal. If it's proven to not be- WE ALL IN TROUBLE, BABY!
I favor gold over silver, the main reason is that mobility and weight are key to me. Stacking more than a Monster box would not be practical in my case. I do like silver itself, I buy it to round up the bill and it keeps stacking fun, while saving for gold for a couple months.
I think that makes perfect sense. And the monster box seemed like a hard ceiling to me (even though I went a bit further). Cheers!
FIAT is dead. So, if you do not have a lot of farmland and woodland, you better shift your fiat to gold and silver. Especially silver when that ratio nomalizes and we return to true price discovery or you will have a lot of worthless USD.
@@c.san.8751 Sure, I only keep a minimum of Fiat money.
Mobility? Can you imagine passing through airport with gold?
@@KoDeMondo Mobility! Do you not see that they do not want people being mobile? Things will never go back to how they were! Especially not for the next decade. We are in WW3.
It’s crazy to me that so many people are so concerned with what precious metals are doing moment to moment, they might as well be running around on the floor of the nyse with their hair on fire. Silver & gold are both great, Just buy what you like-
Seems like a reasonable stacking progression. I didn't sell my silver but I did switch over almost 100% to gold several years ago.
✊
No-one should hold gold or silver as a short-term gain (short-term meaning less than five years). You hold gold and silver to fundamentally PRESERVE WEALTH.
🤜🤛
I agree. So many people were pushing silver, and yet the stock market was giving us 5 to 18x returns. Silver may be useful for the extreme long haul, but we can't ignore the huge profits to be had.
Yeah, silver didn't do well in the most recent test.
Rabid silver lovers dislike the stock market intensely. I think that this is a combo of their visceral dislike
for everything that isn't silver as well as their complete ignorance of how the US stock market actually
works. If they understood the market better they would realize that they could make some good profits
there with which to build bigger PM stacks. That's pretty much how I did it and I think that with some
study and a little experience anyone could do the same.
Where do I start so I can learn how to operate proficiently in it ??
Thx. It makes total sense .
I just come from avery poor backround . @edb3877
Just the video I was looking for. Thankyou for this. I’ve been considering trimming my silver holdings outside of my constitutional silver because that’s just historical and fun to me. I have found myself only focusing on gold lately and am starting to prefer it.
🤜🤛
I seem to be in a similar boat.... shifted to gold.
PS from the people I've talked to it seems silver is a gateway metal lol, lots of people start with sliver because its "affordable" and a decent chunk of silver stackers just need a bigger fix and switch to gold, lol
Yeah, I think that's true in a lot of cases. Cheers!
I can definitely agree with that. That same fix you got when starting with silver just doesn’t give you the same feeling anymore lol
Sometimes I have to have a fix and I still buy a little silver.
I have to agree with you 100%! Once I had 100oz in Silver but 3x the value in Gold and compared the weight/volume… it was a no brainer! I mean you know it’s significant from the start but once you actually FEEL it, the switch goes off 😂
I still stack both but stick to a 75/25% Gold to Silver Ratio… one reason is because I still fantasize about my kids (in disbelief) opening a treasure chest I leave behind for them 🤣🤣
Ha! I have that fantasy too. 😅
Same here - I used to put extra cash into savings accounts for them, but the changes that are going on, now I'm stacking. I don't want to leave them nothing.
Dang!! I fantasize about taking my treasure chest with me!! 😭😭😭 😁
😂👍🏼
I have a stash of silver but I’m only buying gold at this point because of all the reasons you mention. I have no intention of selling my stash of either.
🤜🤛
I decided to stack gold because of your advice back in Nov 2021. Glad I did that too. Gold is the way to go. I also discovered the possibilities with stacking platinum. So now it’s NOT silver and gold, for me it’s Gold and Platinum! Love your content and your honesty is very much appreciated!
Thanks, M C!
@@2is1gold you are welcome! Check out the future possibilities of platinum. I particularly love the eagle coins that says $100 on it. Very interesting face value compared to a gold eagle at $50. If the economy tanks, which many say it will, platinum will crash too opening a window for a good opportunity. Just a feeling…thanks for responding…looking forward to your next video.
@@MC-.- yep that face value says it all...when they decided to put it on the coins back then, they taught about it
@@michaelbouillon1241 yep!
@@MC-.- What turned me off from platinum is the push for electric vehicles, which kind of favor gold and silver due to their need in electronics. Since catalysts demand will drop, I'm not comfortable with owning platinum as bullion atm. What made you buy platinum? Maybe there's an upcoming tech demand I don't know about.
I can find no fault in stacking either, unless one is being manipulated by fomo, or dishonest pricing.
Thanks 2is1
Cheers!
I stack both but i'm definitely stacking way more of the yellow stuff compared to the white stuff. Best of both worlds. Plus, a pirate chest isn't complete if you don't have both
😄
@Chingachu could you imagine trying to carry one of those things?! No way!
I love them both and the step sibling platinum also. As someone from a slightly different side of things having owned more than one coin shop at a time, silver has always been where we make the money.
In fact there was a time we would make more money selling you a redbook than gold krugerrand. We sold krugerrands for 5.00 over cost no percentages back then.
I really suggest depending on someones budget a nice balance. If you are a high roller then maybe only 10% in silver 90% gold but if your a smaller fish say spending under 10,000 per year put 60% in silver and 40% in gold.
Lets be honest there are people putting massive amounts of money each year in metal but they just buy gold with few exceptions.
Please stay with low premium popular items no Bart Simpson 149.00 rounds.
Just my thoughts, but remember the most important part stack something because most do not.
Great perspective. One knock that I have with silver has always been that the people selling it are the only ones making money. It's a bit like the people selling pickaxes to the gold rush crowd. No offense there. It's business and good business at that. Cheers!
"... but remember the most important part stack something because most do not."
Amen to that. Whether one has gold or silver or both could become far more important than they
appear to be in the here and now. Things change with time and sometimes radically. The history
of fiat currency is abysmal. Such currencies can a do implode and disappear, usually after an orgy
of hyper-inflation. With the US Gov borrowing and printing ever more dollars to squander than they
have, that the US$ will crash hard one of these days is not in doubt. Only the "when" of it is obscure.
I can only imagine the deer-in-the-headlights looks on the faces of people who were millionaires,
multi-millionaires, or even billionaires the day before a horrendous crash suddenly realizing that
they now have no money at all.
@@2is1gold only if you buy route 1 coins from big name dealers …cardboard cutout style …love your calm measured feel but you seem to know fark all about the enormity and variety available in the silver arenas …a little ingenuity and viola …see my earlier eg how i can make 30x in 2 weeks …in silver …gold is just for snuggling away nuggets not for making profits generally. ie silver for trading building gold for storing … but glad you did well , whatever, its horses for courses. 15kg feels a lot more substantial and real than 150g or even 0.15g abt 1 carat diamond which are 1000x more efficient than gold for storage imo anyway cheers bro
I agree with you, but hold some silver because it's smaller denomination. In a SHTF scenario you might be able to buy necessities with ounces of silver.
💯 ABSOLUTELY!...Except I dont agree with this guy
Yeah, depends on the situation. Having a few tubes of recognizable coins definitely can't hurt. I'll buy a few tubes of Eagles again as it makes sense. Cheers!
@@2is1gold .... now, you probably will have to purchase the silver for more than you sold it for...?
The last few tubes I sold were at $40 and $50/oz.
@@2is1gold .. lol..😆.. Ok?
Hello, I agree with what you say. Nice to have an honest opinion for once. I'm tired of Silver pumpers.
🤜🤛
I am brand new to stacking silver and I’ve only recently started purchasing 10 ounce bars. This video is very enlightening and helpful thank you
11:30 don’t hold your breath, sub $20 silver (including premiums) won’t happen again
Maybe not.
I've been slowly stacking for over 15 years. mostly Silver with only a few purchases of Gold. I finally tallied up everything the other day to see what I had. What shocked me was that despite having almost 100 times more Silver than Gold, the total value of both was very similar. The space saving for storage alone is enough to make me lean towards Gold in the future.
Yeah I’m trying to find the right time myself to transfer my silver into gold
I like them both. But with silver, I reached my personal goal of 1000 oz. To stack up the same amount of gold, it would take me more than the 9 lives of a cat…
That's impressive. 1k oz is a lot of silver! 💪
Try reaching over 3,000 ounces like that dude did on the Pawn Stars episode called Silver Linings
@@cjstrader8171 Been there and done that... twice. lol
Yes . I've been going more to this direction every year . Stopped buying silver in 20 , now just gold . Seriously considering selling most of the silver ,and buying gold with the proceeds . Also ; no more Milk Spot concerns !
True!
Your channel is the only one I watch consistently. Along with Campbell's Coins. I must admit I was one to fall for alot of the pumper BS. It is what it is. Now, I just watch very little and get what I like. Really like your channel because I felt you looked at things from a more realistic perspective. Wish I would have found your channel first. ✌🏽🌮✌🏽🌮
Hey thanks!
I am kind of a seasoned newbie thanks to watching your videos back in 20' and I perfectly understand your take on silver, as for myself regardless of premium my philosophy is having a 85%/15% gold/silver just in case as ive been hearing for almost a year now silver is going to have a run of its on anytime now
I started stacking Silver late last year based on those same videos, but going on 72 I switched to gold to protect my wealth and hedge inflation. Kept what little silver I have (less than 15 ounces) just in case. I totally agree with you about gold's value and portability. I am concerned about the dollar devaluation based on many geopolitical, domestic and foreign US policies, the petro dollar issue, et.al. Will continue to accumulate gold as best I can to leave some real wealth to my kids, had rental properties but due to advancing age sold all of them and using profits to buy gold protection and possible increase in value based on the aforementioned concerns. Love your videos BTW!!!
Thanks Luis! I hope you did well on those rentals - I know they can be a lot of work. Cheers!
Persistent inflation will make owning gold and silver a wise idea. We keep hearing that this is transient
but the longer it goes on the more built into the system it becomes. The thing that I love most about
PMs is that I can use them to hold my own financial future in my own hands, rather than handing it
over to a banker or a broker. Yes, I have stock / funds / ETFs in my wealth plan too but it is the PM
stack that will stand tallest during hard times. I believe such times are coming because of all the
poor choices that are being made with the US$, government spending, inflation, etc. This is not
about politics, IMO, but about math... and the math of it seems pretty clear.
I am relatively new to stacking. Right now I am stacking silver due to affordability. However what you were discussing in the video makes a lot of good sense. I am open to understanding and learning so appreciate your point of view
Thanks for watching. Good luck!
Me, too. December 2019. Used the proceeds to buy nice, light weight, much more portable gold. Haven't missed those buy premiums. On a recent trial of a carless, get out of a Dodge scenario (Vlad the War Criminal was bombing a nuclear power plant; not partial to radioactive clouds) definitely was nicer to have the small, lightweight stuff. No regrets. Glad I got out of the silver stacking business. Easily sold a few oz's of g in a nearby country to stack some cash. By the way, have you considered a career in international diplomacy? You do an excellent job of articulate "no judgment" while expressing a strong point of view. Best gold channel. -your fan in Eastern Europe
Hey, thank you! Hope you're staying safe. (And no plans of a diplomatic career! 😅)
@@2is1gold I love this definition of diplomacy. It is sometimes referred to as having the ability
of telling people to go to hell in such a way that they actually look forward to the trip. lol
My opinion is that silver was used more industrial when it was ridiculously cheap. Silvers Achilles heel is it's thermodynamic properties that it heats up so it has limits for electrical use. What I'm saying is that Gameboys probably are ok to use silver but diodes and more modern tech are using Gold, space uses Gold too, CPUs and quantum computing, Gold.
Over time, silver becomes problematic due to sheer volume and weight. I’m more focused on gold, although I’ve always wanted a 10oz RCM bar. That’s a beauty.
They're great looking bars. Cheers!
They're worth it! 10oz is a very satisfying weight to hold on your hand. Plus the RCM bars are gorgeous.
@@2is1gold They sure are beautiful. I have 15 of them plus my silver & gold maples
Agree with Stephen
Lol you have no room in your house for all your silver? You can fit 50k of silver in two amo cases!
Only thing to the moon is the premiums, what a turn off for me at this point $12-$14 a coin ugh, but did find some deals on eagle $5 over spot on Friday Sold out very fast random dates, but I still love my gold over silver any day.
Yeah, $14 or more premium for ASEs is crazy!
With the silver to gold ratio so far apart, wouldn't it be better to hold my silver for a while?
I wouldn't be selling it today. I don't see much to move any sales proceeds into. Cheers!
If you bought your silver in 2003, sure, sell it if you want. If that’s the case silver did it’s job for you . Besides you’ll have time to reinvest if you want to, silver probably isn’t going anywhere too soon.
@@2is1gold this guy is giving horrible advise! Keep buying and holding silver! It will soon skyrocket to unbelievable levels. The 77-1 gold / silver ratio will soon gap closer! Silver is the best precious metal investment of all metals! I can’t believe what is being said in this video! Horrible advise!
@@loupugliese4576 I'm heading to my LCS right now! Imma tell'em a guy named 'Lou' sent me!
@@loupugliese4576 where is the proof this will happen? I'm new to this
Single dad here. I buy when I can normally 90% but I'll pick up a fractional gold piece about 4 times a year. I agree with you about spot price getting out of hand. I have a descent coin dealer.
I’ve been buying PM’s for almost 8 months and made a lot of mistakes in the beginning (classified them as mistakes as I learned more). I bought a lot more silver than I did gold because of the price point but still bought gold. I love silver and have found I really like some silver coin series (Swans & Elephants) so I’ll continue those as long they keep releasing them. Now, I buy silver occasionally if there is a coin I like or a 5 or 10 oz coin/bar I’ll be able to sell down the road and they premiums aren’t quite so hideously high.
With all that said I’ve stopped buying silver and I’m now predominately buying gold (Eagle & Britannia fractional). I prefer getting Eagles but if premium is too high I go with Britannias. I’m waiting to get a couple orders then I’ll be at 9.25 oz’s gold and 285 oz’s of silver. I will increase my gold # more now than my silver unless I see a new coin in one of my series or just find a really good low premium deal.
And yes, I am upside down on both mostly because of my previous mistakes. I hope they even out over time. I liked the video but you’ve said a lot of that before so some of that wasn’t new. Have a good week everyone!
Makes sense. I was upside down on silver for years but always kind of felt that was spilled milk. I could have spent it on worse things. Cheers!
@@2is1gold "I could have spent it on worse things." This reminds me of the joke about a fellow who was asked what happed to the money he earned in life. He replied, "I spent most of it on fast cars,
faster women, and the best booze I could find. The rest I just wasted. ;-)
hello! do you mind telling me what are those 'premiums' you speak of? Im new into this field, and would like to invest some of my income into this. When can i get low premiums??
I have a lot of SILVER but I really been focusing on GOLD hard. I just picked up another 1/10 oz AGE today. I am passed my 1oz of GOLD to every 100oz of SILVER. After this last pick up of GOLD. This put me over the 1 to 100. Getting more focused on GOLD is all you my friend. You opened my eyes. I still will pick up SILVER. I just went to a LCS he didn't have much. No AGE but I picked up his last 11 SILVER ROUNDS for $2.00 over spot. I just couldn't walk away from that.
Yeah, that's a good deal considering the timing. Cheers!
My idea is to stack up silver until a specific threshold, and then trade it to gold, and repeat.
I don't have a high enough income to get into gold immediately, and small amounts of gold have too high of a premium.
Buying silver also puts a big stick behind the door of trading it back into cash to use it, so it's a good way to save up for gold and PM in general imo.
Just my 2 cents. Good video.
Been stacking silver since early 2020 and just started my gold run. Gold just makes more sense right now
🤜🤛
Good take on this, even for today.
Great quote for any day.
I also just sold all my silver... To date it seems like a non performing asset stuck in a $24-$26 range. Gold much more profitable now.
Non performing is a good description. Someday, maybe things will change, but it’s relevance has been waning. Cheers!
I agree. I bought my silver bullion back in the mid-1980s when silver was under $8.50 an ounce with premium. When silver goes back to $20 an ounce, premium included (if it ever does), I say it's time to buy again. 👍
If premiums were better I’d buy more than thirty ounces a year. Like you I just can’t justify the extra cost vs other opportunities with better upside.
You also have a bunch stocked up. Why pay the crazy prices when you already have a chest of it?
I’ve always been bullish on gold but I do have some silver. Everyone is entitled to there own idea on this subject. I agree with you when you’re talking about volume. Silver just takes up too much space to store. Gold is the best for me since you don’t need to much space to store it.
Premiums are the biggest issue for me with silver, but it felt odd how much room I was giving to silver given the value. Cheers!
I think silver has more upside. I like the value/density/history of gold. I don't know what's going to happen to price of either so I stack both and will be both right and wrong in my choice. Reality is, having none and being 100% in traditional financial markets feels like the gamble.
🤜🤛
I am doing the same thing I’m selling the silver for gold. Big banks and big central banks don’t hodl silver as much. I hate the premium on silver right now. It makes no sense why you can sell an eagle for 42 bucks but will only give me 28-30 for one. So pricing will never meet its intrinsic value because of manipulation unfortunately
Yeah, a 40% acquisition cost is way too much. Cheers!
Silver is great. Gold is better. Holding silver and gold is best.
Well said
I’ve transitioned from silver to mostly gold as well. Silver is a pain in the ass when it’s time to sell in my experience. Spread is high and it’s heavy to ship.
Agreed. 🤜🤛
In the long run fractional gold is the way to go.
There are good reasons to stack both. I think a small amount of platinum is worth having as well as it retains its premium over time compared to gold and silver. I have to admit I wish I'd jumped right into gold last year rather than silver when I see a decent jump in price with gold in under a year while silver still hasn't reached the spot price it was last May when I began. That being said, the physical price is very disconnected with silver making it a sellers market.
Edit: in a fair world I would put the ratio at 1 kg silver to 1 oz of gold, seeing as it comes out of the ground at 8:1 and was historically set at a 16:1 ratio. The current ratios are ridiculous but silver being a somewhat industrial metal keeps the price suppressed.
2is1
My personal G to S ratio is over 70 to 1. I’ll start bleeding my pile of silver at 60-1, 50-1, and all at 40-1. I’ll always keep $500 Face in Constitutional
If I remember correctly, it was at 65:1 - 68:1 when I was trading. Cheers!
Good honest perspective!
Much needed in today's world.
Thank you
Thanks!
I like silver because it seems less volatile, and more in line with the "store of value/inflation hedge" narrative. Gold has been a lot more volatile in the time I've been paying attention, but a lot of that is probably macro reasons. Also, I don't have a lot of money, so my choices are usually either I have to be a single coin for nearly $2k to get a reasonable premium, or buy a tenth of quarter ounce coin at a ridiculously high premium, whereas I can spend a few hundred bucks on a 5 ounce silver bar and only pay a relatively small premium. But practical reasons aside, I probably agree on all your points, and if my income were a little higher, I would opt for 1 ounce gold coins as well. Great video, as always, keep up the good work!
Thanks Tim. Silver is typically the volatile one. Inflation and the Ukraine invasion have put gold on the move more than normal. Cheers!
@@2is1gold There is a lot of chatter about the Rouble going up as Russia restricts more commodities to Rouble-only purchases, and they announced they will also accept gold recently.
Once they actually start selling in gold, will we see major jumps or do you think existing national reserves will mitigate demand increases?
I'm with you on this. I do have a bit of silver, 65oz in point of fact, half of which I consider quick and safe liquidity and the other half are just coins I bought because I like the design and the premium wasn't too high. I quickly realized, when I decided to start stacking metals, that stacking silver would be a logistical nightmare.
Gold is pure condensed value, easy to transport, easy to store, I could walk around with 25k of it in my pockets(not that I do) and nobody would be the wiser, and it is somewhat more stable as an investment.
I buy and save silver for my gold ventures.... flip Silver and stack Gold is my motto 💪🏽🙌🏽
Good motto!
Well said. I've been feeling this for a while.
🤜🤛
Well looks like I have to change my channel name now
Titanium Forever?
@@2is1gold Nickel Forever
Origami Forever.
Paper art isn’t going anywhere!
Great video! I know there are plenty of sliver bugs still out pumping silver - but spot price has to reach above $30 to make many recent silver stackers (like me) ahead in the game. Honestly the premiums just KILLED us silver bouillon holders.
Yeah, the premium is what killed it for me. Silver jumped almost 50% by August of 2020. Take premiums out, and that was a good run. Cheers!
Agree that this is the case these days but those of us who were into silver years ago and bought a lot of it around $16 an oz. or so WITH premium are feeling no pain these days. The only thing we are feeling now
is... vindication. lol
Good talk. Since I’ve been stacking for all of almost 6 months, I started with silver just out of fear! Is the mailman really going to deliver this? He did so all was good. Honestly your volume weight concern is extremely valid. If you are just addicted to stacking, stay away from those copper bars. I boil silver and gold down to this. First I prefer gold for many of the reasons you mentioned. I try not to look back though. I’m buying these metals and turning around and comparing to the paper currency that drove me to metals in the first place. But I don’t see myself selling my silver unless I needed the money. Same with my gold. There is that entertainment aspect of metals. I’ll be honest and no one hate on me. I love my country and fought for it. But the regular bullion gold buffalo is boring. Compare that to a maple leaf? If the maple leaf was produced by a 10th grader then the buffalo was created by a 7th grader. And I know from a value proposition it does not matter which looks nicer to me! And since I am new to both, I’ve got this hang up on buying the pure stuff. 9999 silver and 24k gold, why? I have no idea! It’s just fun. So in the end I’ve got this cache of silver and gold. What I paid doesn’t matter. It’s not an investment. As far as crypto, while it has become more main stream, it still seems like the Wild West. And the one thing that Bitcoin set out to do.....scarcity. But if people keep spinning up new blockchains, then scarcity goes out the window. My point is even in the digital world we can artificially pump more digital currency into the market with new blockchains. Oh, so I’ve made an exception to the 9999 silver with my 3 Peanuts coins. What is wrong with these private mints. Snoopy rocks!
The entertainment value for me is huge. I have a few coins that I’d call prized possessions. Premium doesn’t matter one bit. Be careful, by the way, those Buffalos grow on you. 😅
My first gold 1oz American eagle I bought was picked up by my neighbor.so I understand your concern about the mail delivering it. The post office told me who they thought might have got it. I talked to the guy with his daughter acting as interpreter, first they didn’t want to admit to getting the package, but they did end up bringing it to me later that day. It was out of the shipping box, in fact I never saw the shipping box, I’m not sure if they knew exactly what they had I feel lucky to have gotten it.
yup and as a programmer most dont realise the alleged supposed scarcity of btc is total BS . in C that 21 million is just a constant that can be changed instantly effortlessly if the NWO scum who manage and control the blockchain ffs the Fed even owns 5% …or a hack or a protocol fork …with every single transaction totally publicly traceable …forever …what a totally evil entrapment device but genius
The Gold Buffalo was a design made by famous American sculptor James Earle Fraser. Hardly a 7th grader 😂
I started as a crypto guy and got interested in precious metals. I don't see precious metals as a moonshot but something nice to keep around. I have a goal of buying an ounce gold coin for each of my kids and giving it to them on their graduation day. Seems like a nice thing to have for a rainy day.
I got back into coin collecting when all the hype started happening so my average cost is high. I'm keeping for the collection and not an easy flip but my timing was not good 😭
The hype was strong!
On top of the crazy premiums, the silver purchases come with a VAT tax in Bulgaria, so a ASE sells for around 45$ in the local coin shops...
That would make it very tough to buy.
@@2is1gold Yes, it would. But it is interesting that a lot of the countries that have a VAT on silver
do not have a VAT on gold. Seems as if the folks making the rules do so in their own favor...
again.
I stopped stacking for a while back than. I remember watching you’re video thinking yea I’m done till the premiums come down. I jumped back in around 24 and caught a good dip at 22. I’m currently done stacking until I see a good pull back on premium or price.
🤜🤛
Excellent insight. Thank you for sharing.
Thanks for watching!
P.s. the only way for sub 20 dollar AG is a scenario of a derivative liquidation. This inflation will not allow it however I know I can't underestimate jpm
I'm not waiting around for it, but I don't think it's off the table. Cheers!
I have to agree with you, why pay these outrageous premiums on silver when the premium on gold is between 3 to 5%. While I haven't liquidated my silver holding, I'm just not buying it in bulk like I used to.
🤜🤛
Interesting perspective. You're not wrong about the silver premiums. I stopped buying ASEs entirely because of it but still pick up Australian Kangaroos since they are more reasonable. I was an early adopter of both Bitcoin and Etherium and pulled a portion of my profits last year right before both took a dive -- put the proceeds into silver. I have gold too, and yes the weight/volume of silver is a problem. I'm still on the fence about trading silver for gold. The idea that silver is overly price manipulated and a return to a more "normal" price ratio with gold is tantalizing. I guess it depends on why you are stacking and how much time [you think] you have to hang in there.
When premiums on generic 10 oz silver bars got crazy, I got out. Nice work on the BTC/ETH flip. Cheers!
I wish I had made that move at the time. I'm too heavy on silver. I'll be patient and wait for another opportunity!
My dealer said I gotta wait 4 weeks for a 2022 Lunar Tiger. Not going anywhere with this, just had to rant about it 🥴
Damn!
Available from my LCS, BUT Very HIGH premium.
🤠✌
I think you made the right choices.
That bitcoin move paid off nicely.
I am from the future and I can tell you, you learn to stack gold really well.
Great quote!
Russia/Ukraine is a great reason to stack gold. And as you say, if you has a couple hundred pounds of silver, and all you could take is a backpack, your wealth would still be in Ukraine if you had to flee.
I do agree having some silver for barter if it comes down to it is a great idea, but the same investment in gold is not only lighter, it's also the money of nations, whereas silver is the industrial metal of nations.
Yeah, I've always thought it made sense to have 40 - 80 oz of silver in very recognizable format (like ASEs). It's almost like a supply to me. Beyond that it gets into territory that gold excels at. Cheers!
This is the exact thought process I have as well. My only hold back right now is the silver/gold ratio. I'd like it to come down a bit before starting to make the switch
@@BelayaIvanka1 Agreed. Back in 2011, the G:S ratio dropped down to about 33:1. At or about
that level, I would be happy to swap 80% of my silver hoard for gold. I'd keep the other 20% just
because it might give me options that only having gold might not. Considering all that is going
on these days with war in Eastern Europe, supply chains breaking, quickly rising inflation, etc.
it would not surprise me if at some point we did get back to bartering from person to person.
If so, then that is better done with silver due to its value being a lot lower than gold. Making
change at that point could be difficult and I'd hate to spend a 1/10 oz. gold piece on some food
that just as easily could be bought with an oz. or less of silver. While that probably isn't highly
likely to occur anytime soon, it's probability also is not zero... and I do like to have multiple
options when trying to plan for a murky future.
I'd guess personal preference has a significant impact as to which one picks up. I'd wager someone just getting into stacking, on limited budgets, would naturally look at silver to start. After a few years of slowly building up, then look to move into gold. Either through saving up, trading up, or just fractional, it's usually the dream for beginners with small budgets. Personally, I also look at platinum as another option. It has held its value over the years, but doesn't have the wild swings the other metals tend to see. Of course, these premiums are a notable deterrent for any purchases, and it's just smarter to buy in bulk then smaller amounts - so silver might still draw the majority of stackers.
It's all about timing and that was great timing on buying crypto. Bitcoin might go up significantly but when shtf then silver will be #1 and crypto might have a major crash from liquidation crisis, energy crisis, cyber attacks and whatnot. Of course, countries will prioritize gold always. Not enough value in silver even if it outperforms gold. I like silver for bartering too.
I love both gold and silver, but I just can't not take the gamble and not go heavy on both metals especially silver, because the upside potential on silver to me.... we'll see.
If you go in recognizing that it's a gamble, it can't hurt. Cheers!
Silver pumpers turned me off from silver. The people in charge aren’t going to let an industrial metal like silver “go to the moon”.
Yeah lots of lost pumpers continuing the rain dance.
No but the people would
Everyone is going to face huge regrets when they see silver explode 20-50x and gold doubles 😂
😅
The only thing I’d say to that, I’ve followed a strategy based on GSR for a couple of years. I got no more room to stack silver.
Bix says it will go 1:1 with gold (yeah, I know).
That comment sounds like the ‘Doge is going to the moon’ comments. But I think Doge has more been flushed down the toilet instead. I’m not saying silver will be like that, just your comment sounds more unrealistic.
I concur
Storage and portability. Right here. Once I found myself stressing the hinges on the plastic ammo cans moving ridiculous amounts of silver around, combined with fortuitous timing, it was an easy decision to liquidate silver. I’m with you, sub $20 including premiums and I’ll run the game again. We’re on the same page.
Despite having silver in my UA-cam name I'm not going to be one to yell at you or anyone who sold silver. Silver is volatile as hell and a lot of people here on UA-cam either don't understand that or think that will just magically go away at some point. It won't.
I bought silver for a lot of years but I haven't bought anything (other than a handful of fun pieces and stuff I got on the cheap) at the current high premiums. I just can't justify buying in bulk. If I want some fun stuff in silver I'll get it, if can get some privately on the cheap I will, otherwise I need to see premiums die back before I really start buying again.
I'd love to see premiums come back down. I don't have a big goal on what I'd like to have, but even that feels gross right now. ASEs are ridiculous. Cheers!
$15.50 premium on ASE here in Lansing, MI, USA. A single ASE is $40+. About a month ago the same stores premium was $8.50.
#Gold & #Silver to the 🌕 baby 💪🏽 Sound Money > Fiat Currency
I am in my 30's. As long as things go decent, I should have a good 30+ years ahead of me. Here are some interesting numbers I just did the math on.
If you invested 5 grand in silver in the early 90's at 4.50 oz and then sold around 40 (not even the highest) and ounce 20 years later, you would have turned 5 grand into almost 45K.
If you invested 5 grand in gold around the same time at about 340 an ounce and sold today at its near all time high, you would have turned 5 grand into.... about 28.5K.
The numbers are clear on this. I know they could change based on when you bought what, but this is a large enough of a gap to pay attention. Sure you need more physical silver vs physical gold for same value, but 16K more money from sale (in this case) is worth the extra storage and weight to most. : )
I've been dollar cost averaging into gold, silver and platinum since 2018. So far, so good. :)
🤜🤛
I buy silver when I can't afford gold
Makes sense to me. Cheers!
This is it. Having silver and no gold is way better than having no metal at all.
@@FabalociousDee aye get ya weight up
Well said, I enjoy hearing how it all went down for you, I am sure I have heard bits and pieces over the course of watching you. Timing is everything and you did well! I much prefer gold too. I do have silver and buy some very occasionally, but gold is a much bigger focus!
Hey, thanks!
I like both, and I like 'em a lot.
🤜🤛
This video is timely. As I have amassed nearly 400 toz Ag, I’m starting to see the validity in your thinking now. My focus has also shifted to AU. I can thank silver for allowing me to dip my feet into gold. In that sense, it worked out for me.
Yeah, I think it's actually a good way to come in. You get to make sure you enjoy it before sinking a bunch of cash into the idea. Cheers!
I'm glad your flip to crypto worked out for you! I've been stacking silver since early 2019 but I have been moving towards gold lately! Great video! Thanks for sharing! 👍🇮🇹🐎✌
Thanks for watching!
I'm keeping my silver because I want to be diversely invested, even in PM. But I have stopped buying it for the time being, and only buying gold and palladium now.
🤜🤛
I stopped buying both silver and gold, and started buying bourbon. It's way more fun, more tasty, more interesting, more conversational, less volatile, and great to share with friends. Bourbon. Not bullion.
Ha!
Well done, that's some really good timing moving from silver to crypto.
Thanks, I had some luck on my side.
I stack equal value of both
🤘
I want to thank you for adding your perspective. I am late to the precious metal game, and you helped me a lot. I wish I had found your UA-cam sooner. I got the silver hype, and the UA-cam algorithm didn't help about feeding into the silver stacking. You were one of the people who caused me to re-think some things. I appreciate your show and your perspective. After doing this for a short period of time, I think silver is a great way to start in precious metal, because the entry cost. I wish I just bought a little of everything, slow and steady, then a year later, determine what to focus on. I go back and forth between bars and coins. It is one thing to see a video, but it is another thing to hold items and see them in front of you. Silver feels good to hold too. There is so much variety. Then you buy a gold coin, which feels and looks awesome. But you see this little coin worth 2k, and that is kind of mind blowing too. You don't fully know how you will feel until you buy it and hold them. Like you said, once you start getting over 100oz of silver, you got a storage issue. Also, silver premiums are high, especially eagles. Silver spot price needs to rise to about 35-40 dollars in the future for you to recoup that premium now. With "premiums", they hit you on both sides (buying and selling). I am now at where you were a year or two ago. I am not buying silver unless there is a coin I really like as a novelty. But my silver "stacking" days are over.
I always figure that even with mistakes factored in there are worse ways to spend (waste) money. I'm with you on the mind blowing nature of gold. One small coin keeps a crazy amount of value. Cheers!
Hi I understand you, here in Australia when you buy silver you sell it at the similar price of the bullion dealer so this is the best way to recover your premiums, I think me too I would like to get rid of my silver and change it for gold but we must be honest with ourselves the silver price is very very cheap even with the premium and this isn't real and is not even sustainable for people who they are constantly manipulate the true value, there is a very interesting article from an Australian economist John Adams about the silver moon shoot, it's worth a reading
hello! do you mind telling me what are those 'premiums' you speak of? Im new into this field, and would like to invest some of my income into this. When can i get low premiums??
@@rizzoli7 Carlo il premio è il costo di produzione delle monete e delle barre, generalmente più sono piccoli e più costano. Generalmente il premio è fisso quindi se lo spot price è basso paghi di meno ma sulla moneta/barra devi sempre aggiungere il premio😉
@@KoDeMondo grazie!
Silver, Gold, Platinum…in that order
This is one of your best videos. You are really good at this 😉👍
Thank you!
Once you are happy with your silver stack, move onto platinum, then gold
Great story, congrats. I have been watching and owning silver for years and am so disappointed with the directions silver and gold is going… Love crypto also but am being schooled with it!
Thanks
I had some lucky timing. I’m watching a few things more closely now, though. Cheers!