People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Ideally. But the market, stable or volatile determines what money is. It used to be salt. And it's multi polar and volatile evidently. So participation is key.
Could be because of flaws in your argument. . Lots of things can be money like copper(that was Rome's money) or goats. Lewis and Clark used powder, guns and booze. What is used in the denomination trade is money. Some of those things have positive reinforcement like gold, silver, copper and goats. Those tend not to need the power of authority and are thus stable and psychologically appealing. Using negative reinforcement is cheap ans efficient but unstable because it only works as long as the regime lasts. The dollar is a debt instrument and a get out of jail card, and a less stable and psychologically oppressive avoidance driven effect based on negative reinforcement. Gold and silver are a relatively ideal forms of it but has its weaknesses. Gold's curse is rehypothecation . When was the last time anyone asked for delivery? Copper on the other hand had a short squeeze because someone actually made them deliver it. Its complicated.
Gold looks like it's going big this year. I really want to profit from it this year. I have about $140k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?
Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
@@hasede-lg9hj Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
I just looked this lady up out of curiosity and found her web page easily. Read through her qualifications, which were all very impressive. So I scheduled a call with her.
I've been burned in the past with investments I didn't fully understand. Maybe it's time I seek professional advice from Desiree Ruth Hoffman to avoid repeating the same mistakes.
If it can be taxed, we STILL don't own it. This is why it is so important that there be NO capital gains taxes due on holding gold and silver. They are MONEY, not collectibles. Government causes inflation via their monetary and fiscal policies. Why are we responsible for the inflation that government creates when WE had nothing to do with creating it? Same goes for a home and any tax that is due on the "increase" in value due to government caused inflation. It's all a scam, people.
I like to buy gold eagles and fractions thereof, 1 ounce buffalos, Liberty double eagles, Indian head $5 eagles, $10 Indian eagles and valcambi candy bars with gram and 1/10th ounce sections.
That’s the way to do it. We have been gaslit about financial matters for so long that it can be hard to interpret the truth when we encounter it. I have been listening to Lynette for several years, and she has helped me understand why the dollar is failing, and what that means to my own financial situation.
When I was a kid my mother used to read the magazine, “scientific America” She didn’t understand most of what she was reading but she just kept it up and she said she eventually began to understand it. Same thing here and very wise.
Personally we just purchased a safe that was installed by the company we purchased it from so it’s not going anywhere easily. We hold it and that is a big comfort. We know it’s out of the system and the government can’t just take it whenever they want to.
Not that long ago, a safe company simply handed over the codes for their safes to the gubmint. I hope you've actually got a shifting combination and physical keys.
When they talk about tokenising everything I would say they mean everything which would include gold! I think most people are still not grasping the gravity of their 'reset'! They intend to have total control of everyone and everything!
You are right. People can buy and hide physical gold all they want but they will not allow anyone to profit from it. What good is gold if you will not be permitted to sell it and why would some one trade you for it if they can't do anything with it either.
I would like to thank you for you educating me. I have viewed you many, many times. I must admit. I enjoy you so much more when you’re giving me straight up facts. You don’t need the gimmick “money water gun” You’re so passionate and sound minded on this subject. I don’t want to offend you in any way. I think you reach more people when you’re calm and to the point. You’re a woman to be admired and emulated with your thinking. Not just with gold and silver. Also on protecting ourselves in case of emergencies. On the subject of shelter, food and protection. Thank you once again for your brilliant insight.
Collectible Gold Coins ... are only traded among a very small number of collectors. You will be paying a HUGE, HUGE premium. If there is an urgency to liquidate such Collectible Coins .. the huge. huge premium paid, is not recoverable. Collectibles can only be sold at a profit ... at only Good Times, where Collectors have access to plenty of free available cash. Ordinary people should just purchase Buffalos or Maple Leaf, definitely not Gold Collectible Coins ... avoid them, otherwise prepare not be sell them.
Lynette will buy their collectables so will ITM. There is a market if you know where it can be found. And a LCS is about the worst place to sell PMs. They should be spent not sold if you need liquity.
Absolutely correct- I bought a ton of collectible silver ms69/70 eagles and tried to sell them at coin shop - would only pay alittle over spot - I got burn - never again - I got rid of all my coins via EBay - now I just hold bullion!
I love Lynette. Brilliant woman. If she’s recommending anything but bullion at as close to spot as you can bye ,I disagree. Yes, they didn’t confiscate collectible coins in the 1930s, but it’s all going to be black market when this thing blows up. Get gold most people recognize at the cheapest you can get it. Same with silver.
I don't have much gold but here in the UK I'm saving for my retirement and everything I own is currently capital gains tax free. 🤷 I don't know if my choices are right or wrong but I can only make my decision from the current situation
@@JurisVahtanovs I know I'm good if I can hold it for 20 / 30 years... I watch a multitude of independent analysts just like Lynette & these guys opened my eyes to our financial system and fait currencies ... I'm forever in their debt
In UK when we purchased Bullion Bar we have to pay Capital Gains Tax when we sell it. Bullion coin, price is much higher than spot, however we don’t have to pay VAT and Capital Gains Tax.
After listening to you for 8 months at ITM TRADING, Last year I purchased a lot of the type of gold you have suggested. It is in the vault that is connected to ITM trading, then you left and started your own business. Congratulations and good luck to you. I must say I felt lost when you left and follow you on your own website. Question: Can I transfer this gold to a vault in NY? It feels so far away and if I pass away my heirs will need to travel to the vault to retrieve it. I need to feel that it is closer to me and I can see it. Thanks
Even after the few days of drop the last few days due to the different fake economic data and the FOMC signaled to diminish the number of rates cut for this year, Gold is holding above $2300 which is a good sign.
Thinking about getting into gold to mitigate inflation risks coming. Stumble across your vid - learned more about gold in your 18 min video than my 55 years of life. Subscribing & sharing. :)
Newbie here, I’m a working man and have two jobs. I would like to buy some silver and maybe some gold. Some questions: -What does the term “pre 33” mean? -Is it better to buy silver blank rounds, or the little bullion bars or stamped coins? -what type of gold should one buy starting out to get a tangible collection going? -gold is gold, what makes one ounce 24k gold coin more expensive than another 24k coin of same weight? -same question for silver. I don’t have but a few thousand $ to spend at this time but I want to get the most bag for the buck. If you reply please address each question specifically. Thank you!
As a coin collector, I only buy pre-1933 gold in PCGS or NGC holders. The premiums are only slightly higher, or often very close to AGEs or other gold bullion coins when buying very common dates in the lower MS grades (MS AU58-63). The Liberty double eagles are my favorite. The holdered gold is a bit bulkier to store, but you have the grading services that have authenticated the gold which lends a lot of liquidity and homogenity for pricing.
@@DigitalDissident PCGS (Professional Coin Grading Service). NGC (Numismatic Guarantee Company). AGE (American gold Eagle). MS (Mint State). Come on' man.
Your best presentation on collectibles so far (also relieved at the absence of annoying like and subscribe sound effects that heavily populated the ITM videos!).
The way you explained how to look for increasing troughs gave me a whole new way of interpreting charts. Previously, I had always tried to make sense of the peaks/valleys. I'm going to test it now by predicting what lies ahead for BTC: heading down!
Ive full and fractional gold, silver Britannias (FOR NOW they are CGT free) these may be sold - the slabbed coins are wealth - the collectibles too - (UK collectibles are centuries old - Ive Henry VIII- a fav)
Lynette, Thank you!!! Learned a LOT today in terms of the differences. I don't have lots of disposable income, but enough to purchase a bit of gold via Glint each month. Is this ok in your book??
Collectable coins are totally different animals. The premiums are much higher because of the numismatic factor. It depends on how rare the coin is and it's preserved condition. Whoever doesn't know/understand numismatics should not burn their money buying such collectable gold coins. It takes a lot knowledge. And when you turn such coins to a dealer, they will pay you the price of spot gold anyway. This is not wise unless you know numismatics and market. Just buy normal bars, maple leaves, eagles, etc.
@@danielbbq Not everyone sees that strategy as beneficial to their own financial plan. Maybe it is and maybe it isn't a good idea for everyone. But one thing in all this is clear: knowledge of the numismatic market and any coins that one buys had better be reality or one can waste a lot of their cash chasing so-called collectibles that turn out not to have any special value over spot. Just remember this - not all old gold qualifies as being of numismatic value. Simply being old is not sufficient, although it is necessary. Wade through the gold sections of the IRS web site sometime. It's near-complete lack of clarity on this issue is truly amazing. As for myself, I want ounces and not promises of extra value or protection from the small possibility of a confiscation. I do not see gold confiscation as being especially likely these days. Gold is not circulated as money any more, so why enrage gold owners by even attempting to confiscate (read steal) it. Only a few percent of the US public actually own ANY gold, other than perhaps a few pieces of jewelry and / or some gold dental work. Those who do are more likely to just bury it when threatened with theft by government. Finally, this is a very litigious society and you can believe that a snow-storm of law suits would be launched at any government even attempting a gold theft from We the People. There are many people who would be financially injured by any such attempt, including coin shops, jewelers, people running coin shows, gold miners, gold sellers, etc. Maybe even foreign governments would get involved, making this whole thing very messy, time consuming, expensive, and of dubious result.
I used to buy generic silver and bullion gold but over the years it became very boring just walking into any shop and buying a tube and leaving. Awhile back I started buying MS70 and PF70 gold. I am selective in what I buy and it usually only costs a little over bullion. I also collect vintage silver bars now….yes they are more expensive than bullion but I enjoy the chase and excitement of finding neat stuff…if all you do is stack that’s great but that’s just too boring to me
How can the government confiscate gold if they don’t know you have it? When you buy from your local coin dealer, no information is exchanged. Everything is done in cash.
The way I understand it is that you will have a window of time to exchange your gold for their stated price. Once that window closes, gold is then illegal to own, sell, exchange, etc. and you can face fines and/or jail time for possessing. You can't buy food with it, pay your electric bill with it, pay real estate tax with it. It becomes worthless except for black market type exchanges. I think the key is diversify. Own a home free and clear, and make energy saving improvements. Have a full pantry and learn to garden. Have fiat in several different banking institutions, and some in a mattress. Have physical precious metals, and freedom seeds.
Since when does the Government care about slabbed gold coins and please tell me which governmental department gave CGC (slabber of coins, comics, figurines) agency as the-be-all in slabbing coins?????? CGC is NOT recognized by the government. I can slab my OWN gold coins using my OWN slabs and then put ANYTHING I want on the sticker-label calling any and all of my gold coins as collectibles.
That’s an outstanding point. Lynette is great but I can’t understand why she pushes the slabbed coins so hard. A govt entity could come with a hammer and break the plastic and there goes your MS65 rating. I like the history behind those coins (just like 90% Ag) but I’m good with gold bullion.
Thank you Lynette. I buy bullion only. Silver and gold….like the song. You are the best. Thank you for being you. What is your thoughts of buying in Scottsdale or Palm Springs.
Hi! Newbie here. Just getting into my real money mode. Bought my first bag of silver last week. (Cash. Soon to be buried under the house). I am looking into gold as well. This second confiscation, that will occur because of course, is troubling. Could you do a vid about the history and likelihood that it would happen again? And I could sort of follow, but am confused, in what they 'wouldn't' confiscate. LOVE YOUR CHANNEL AND THANKS!
some of the small denominations of those pre 1933 us gold coins w/o regard to grade, are as high as $200+ over the cost of the coin itself, what is an acceptable markup w/o getting ripped off?
Can you do a video about how you buy pre-1933 gold. It is easy to buy the bullion, but I am afraid that because I don't know how to value older coins I will be taken advantage-of.
American gold coins come at large unjustifiable premia compared to pretty much anything out there (and a lot of those coins look like they were designed by middle school students). Unless you are collecting, I would stick with either foreign bullion or circulation/trade European gold (napoleons or sovereigns). On most of these, there is only a 5% spread over melt.
When the SHTF scenario happens, we’re all gonna have difficulty shifting that gold, whatever form it’s in… I dare say collectibles will be more difficult to shift than bullion!
You could still sell rated coins as junk coins . She is super sharp . Its too late for me I bought wrong. Lynneted always right. For years i did not know enough terminology to understand her.
want the simple truth... buy US one troy ounce Gold Eagles.... Overpriced slabbed gold becomes just gold when times get tight, the plastic cover is valueless....
Yup, just like anything else, when times get hard your collectibles aren't special and people aren't going to pay you more for them. I get silver at the cheapest price per ounce because an ounce is an ounce, I don't care what fancy design is on it, it all spends the same and if I was trading in shtf, I certainly wouldn't give someone more for their coin just because it was a limited run.
@@danielbbq On the contrary. We DO understand that if professional dealers and bullion houses will not pay a substantial premium for slabbed coins...and they don't...Then neither will a pawn shop or flea market or your neighbor when the SHTF. It is obvious that you don't understand the real world. But then again maybe you can find another "One percenter" like yourself to buy your rare gold.
@@danielbbq I am not in the 1% are you? Do you know and have connections to the 1%? You know they will feel like buying your plastic covered over priced gold? How about when the SHTF do you think the 1% will come out of their bunkers to trade with you? You will sell you 1 troy ounce plastic covered gold coin for the same price I will sell my 1 troy ounce gold eagle...
People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
this is all new to me, where do I find a fiduciary, can you recommend any?
Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
No matter how many times I try to explain -very few understand that ONLY Gold and Silver are actually money - thank you Lynette for all you are doing
Ideally. But the market, stable or volatile determines what money is. It used to be salt. And it's multi polar and volatile evidently. So participation is key.
Could be because of flaws in your argument. . Lots of things can be money like copper(that was Rome's money) or goats. Lewis and Clark used powder, guns and booze. What is used in the denomination trade is money. Some of those things have positive reinforcement like gold, silver, copper and goats. Those tend not to need the power of authority and are thus stable and psychologically appealing. Using negative reinforcement is cheap ans efficient but unstable because it only works as long as the regime lasts. The dollar is a debt instrument and a get out of jail card, and a less stable and psychologically oppressive avoidance driven effect based on negative reinforcement. Gold and silver are a relatively ideal forms of it but has its weaknesses. Gold's curse is rehypothecation . When was the last time anyone asked for delivery? Copper on the other hand had a short squeeze because someone actually made them deliver it. Its complicated.
Gold looks like it's going big this year. I really want to profit from it this year. I have about $140k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?
Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
@@hasede-lg9hj Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
I just looked this lady up out of curiosity and found her web page easily. Read through her qualifications, which were all very impressive. So I scheduled a call with her.
She is one of the good ones.
Too many A holes predict massive gain that never e c er pan out.
God's money is gold & silver 💰not paper fiat currency. 🤗🇺🇲🤗
...Bible: Haggai 2,8
It’s etherium
@@hauiteo4307God owns everything, as He made it all, but indeed Gods currency gold and silver.
Im not religious but you got a good mindset
Amen to that
Gold is gold it doesn't matter in what form only its weight and purity does.
Exaclty
Exactly right my friend
The currency is collapsing the world has chosen gold again for backing. They will take gold and silver again .She is correct.
Tell that to the US government. ;)
我們中國大陸大城市市民只要看到貴金屬下跌就會趁機大量買進！！！ 白銀和黃金會帶給每人真實的財富！！！
Investing in gold and silver seems like a good move, especially with the current market uncertainty.
But is gold from of investment ? I've heard stories of people wasting money because they didn't understand the market.
DESIREE RUTH HOFFMAN is the guide you're looking for. Her expertise in financial planning can help navigate through the complexities.
I've heard of Desiree Ruth Hoffman. Isn't she known for her comprehensive approach to financial planning?
Exactly. Hoffman analyzes each client's unique situation and tailors investment strategies accordingly.
I've been burned in the past with investments I didn't fully understand. Maybe it's time I seek professional advice from Desiree Ruth Hoffman to avoid repeating the same mistakes.
If you don’t hold it you don’t own it.
If you can’t defend it you don’t own it.
If you can hide it you can pass it down to kids
@@jonathanbueltel9853 they can extract that info from you 😂
If it can be taxed, we STILL don't own it. This is why it is so important that there be NO capital gains taxes due on holding gold and silver. They are MONEY,
not collectibles. Government causes inflation via their monetary and fiscal policies. Why are we responsible for the inflation that government creates when
WE had nothing to do with creating it? Same goes for a home and any tax that is due on the "increase" in value due to government caused inflation. It's all a
scam, people.
@@edb3877 f taxes.
If you got a 30 cal pistol 60 rounds you can definitely defend it.
Good job with being the only gold supporter on UA-cam who gets the reality of the technicals
"Let's Get Physical"
LOLOL
Ode de late beautiful and talented forever missed Mrs Olivia Newton John ❤️🌹 May she Rest in peace 🕊️😊
Thousands of years of real value don't lie!
Brainwashing has been completed !
I'm still comfortable with my gold eagles. Nobody is taking my gold.
regarding gold confiscation, you gotta buy lead to protect your gold lol
AGE's is all you need...
Up vote for "Rock 'n Roll Hoochie Koo". Rick Derringer would be proud.
That is one of my very favorite Lynette-isms. lol
One she hasn't used in a while is the to the moon on a lorna dune lol
I like to buy gold eagles and fractions thereof, 1 ounce buffalos, Liberty double eagles, Indian head $5 eagles, $10 Indian eagles and valcambi candy bars with gram and 1/10th ounce sections.
Is it cheaper this way??
Ya I'm with you I love those 2.50, 5 and 10 indian heads. I just buy what I can every couple months and put it in PCGS and NGC boxes.
@@hauiteo4307 in total price, sure. But you're gonna be paying more per ounce
@@hauiteo4307 not even close...he's buying some stuff with high premiums
Most of the time the content is beyond my ability to understand; however, the more I listen, my understanding increases. So, I'll keep tuning in.
Very wise of you !!! Knowledge is REAL POWER friend😊
@@TT-ft2dk Yes, it is and it is power that cannot easily be taken from us.
That’s the way to do it. We have been gaslit about financial matters for so long that it can be hard to interpret the truth when we encounter it. I have been listening to Lynette for several years, and she has helped me understand why the dollar is failing, and what that means to my own financial situation.
When I was a kid my mother used to read the magazine, “scientific America” She didn’t understand most of what she was reading but she just kept it up and she said she eventually began to understand it. Same thing here and very wise.
Personally we just purchased a safe that was installed by the company we purchased it from so it’s not going anywhere easily. We hold it and that is a big comfort. We know it’s out of the system and the government can’t just take it whenever they want to.
Id still split my stack.....some in safe
What company?
@@victorward3590 it was a local safe company that is even willing to uninstall it and transport it to a different location.
Not that long ago, a safe company simply handed over the codes for their safes to the gubmint. I hope you've actually got a shifting combination and physical keys.
When they talk about tokenising everything I would say they mean everything which would include gold! I think most people are still not grasping the gravity of their 'reset'! They intend to have total control of everyone and everything!
100%👍
This is why we who buy physical PMs will have advantages. We vote with our wallets which will bring us leverage when we show and use our PM assets.
You are right. People can buy and hide physical gold all they want but they will not allow anyone to profit from it. What good is gold if you will not be permitted to sell it and why would some one trade you for it if they can't do anything with it either.
Palpatine…
Even in total control, there can be a side market.
@@edwardsharpe6234 not all countries will be on board ,Thailand for example accepts gold as readily as fiat currency.
Actual metals gain in worth vs fiat declining in wealth. Love the video.
I've always loved how fired up Lynette gets over precious metals, it's the best, lol.
I would like to thank you for you educating me. I have viewed you many, many times. I must admit. I enjoy you so much more when you’re giving me straight up facts.
You don’t need the gimmick
“money water gun”
You’re so passionate and sound minded on this subject. I don’t want to offend you in any way. I think you reach more people when you’re calm and to the point. You’re a woman to be admired and emulated with your thinking. Not just with gold and silver. Also on protecting ourselves in case of emergencies.
On the subject of shelter, food and protection.
Thank you once again for your brilliant insight.
Collectible Gold Coins ... are only traded among a very small number of collectors. You will be paying a HUGE, HUGE premium. If there is an urgency to liquidate such Collectible Coins .. the huge. huge premium paid, is not recoverable. Collectibles can only be sold at a profit ... at only Good Times, where Collectors have access to plenty of free available cash. Ordinary people should just purchase Buffalos or Maple Leaf, definitely not Gold Collectible Coins ... avoid them, otherwise prepare not be sell them.
Lynette will buy their collectables so will ITM. There is a market if you know where it can be found. And a LCS is about the worst place to sell PMs. They should be spent not sold if you need liquity.
Why those two?
@Woof728 I'm sure that there are others that deal in this market. I k ow these, that's all.
Absolutely correct- I bought a ton of collectible silver ms69/70 eagles and tried to sell them at coin shop - would only pay alittle over spot - I got burn - never again - I got rid of all my coins via EBay - now I just hold bullion!
100% correct
I am so glad you made this move. You rock.
Gold is Gold is Gold............as Goldfinger said it best "I LOVE GOOOOOOLLLLLLLLLLDDDDDD"
Bla bla bla gold😂❤gold bars as close to spot as possible premiums are a cost to acquire and not valued in my stack
WRONG!
Just don't buy collectables!!!
@@bassdojo Why?
@@bassdojo Why?
I love Lynette. Brilliant woman. If she’s recommending anything but bullion at as close to spot as you can bye ,I disagree. Yes, they didn’t confiscate collectible coins in the 1930s, but it’s all going to be black market when this thing blows up. Get gold most people recognize at the cheapest you can get it. Same with silver.
I don't have much gold but here in the UK I'm saving for my retirement and everything I own is currently capital gains tax free. 🤷
I don't know if my choices are right or wrong but I can only make my decision from the current situation
With Gold and Silver you will NOT lose that is a guarantee
@@JurisVahtanovs I know I'm good if I can hold it for 20 / 30 years...
I watch a multitude of independent analysts just like Lynette & these guys opened my eyes to our financial system and fait currencies ... I'm forever in their debt
Just enjoy life nobody can escape the matrix😅
I can only afford to buy the least expensive 1/4 oz gold coin (and lately it’s been the Britannia) under 9% prems
Good for you, buy what you can afford. Its a lot better than doing nothing.
Buy physical and hold on
In UK when we purchased Bullion Bar we have to pay Capital Gains Tax when we sell it. Bullion coin, price is much higher than spot, however we don’t have to pay VAT and Capital Gains Tax.
So glad to hear your wisdom Lynette
After listening to you for 8 months at ITM TRADING, Last year I purchased a lot of the type of gold you have suggested. It is in the vault that is connected to ITM trading, then you left and started your own business. Congratulations and good luck to you. I must say I felt lost when you left and follow you on your own website. Question: Can I transfer this gold to a vault in NY? It feels so far away and if I pass away my heirs will need to travel to the vault to retrieve it. I need to feel that it is closer to me and I can see it. Thanks
You need to have the gold in your possession and in a Safe Place!!!
Bring your gold home, now.
At least have some percentage of it in your possession,
If you don’t hold it you don’t own it ...........
You actually listen to this CRAP!?!?!!?
Great job Lynette!! You make it so understandable!!
Love you Lynette.
Thanks for everything.
Excellent presentation! Thank you.
Even after the few days of drop the last few days due to the different fake economic data and the FOMC signaled to diminish the number of rates cut for this year, Gold is holding above $2300 which is a good sign.
Thinking about getting into gold to mitigate inflation risks coming. Stumble across your vid - learned more about gold in your 18 min video than my 55 years of life. Subscribing & sharing. :)
ANY gold is the right gold. I try to get 999.9 over 999 whenever I can. Get a nice 1/2 kilo 999.9. gold necklace and feel the rush!
I really love how you explain stuff
Thank you again
Thank you Lynette, I love your information and follow every podcast you put out. You are a wealth of knowledge & i appreciate you.
Newbie here, I’m a working man and have two jobs. I would like to buy some silver and maybe some gold.
Some questions:
-What does the term “pre 33” mean?
-Is it better to buy silver blank rounds, or the little bullion bars or stamped coins?
-what type of gold should one buy starting out to get a tangible collection going?
-gold is gold, what makes one ounce 24k gold coin more expensive than another 24k coin of same weight?
-same question for silver.
I don’t have but a few thousand $ to spend at this time but I want to get the most bag for the buck.
If you reply please address each question specifically.
Thank you!
pre-33 means coins dated prior to 1933, i agree with her synopsis also.
Thank you, Ms. Zang!
Thank you for teaching us every day!!! You are brilliant and funny too. :)
Thank you Lynette - good to see you
As a coin collector, I only buy pre-1933 gold in PCGS or NGC holders. The premiums are only slightly higher, or often very close to AGEs or other gold bullion coins when buying very common dates in the lower MS grades (MS AU58-63). The Liberty double eagles are my favorite. The holdered gold is a bit bulkier to store, but you have the grading services that have authenticated the gold which lends a lot of liquidity and homogenity for pricing.
You lost me after the 10th acronym
@@DigitalDissident PCGS (Professional Coin Grading Service). NGC (Numismatic Guarantee Company). AGE (American gold Eagle). MS (Mint State). Come on' man.
Your best presentation on collectibles so far (also relieved at the absence of annoying like and subscribe sound effects that heavily populated the ITM videos!).
QUESTION: Would you talk about the type of silver to buy? Thank you!
Thanks for your positive energy and good advice! Greetings from Spain!❤
One of the benefits of having certified pre '33 gold is that when you sell, any dealer will understand what you have, even over the phone.
Bullshit!
So, where is a good price to buy bullion gold eagles or buffalos
I have all types.... bullion, slabbed and non-slabbed collectables.
The way you explained how to look for increasing troughs gave me a whole new way of interpreting charts. Previously, I had always tried to make sense of the peaks/valleys. I'm going to test it now by predicting what lies ahead for BTC: heading down!
Agreed.thats all i buy these days .pre 33,enjoy the art and the intrinsic value.standard rounds and bars are boring .havent bought any in 20 yrs.
So do you recommend buying gold in the form of rare coins?
Awesome Stuff. Thank You.
Thank You so much for your always enlightening info! I truly appreciate you.😊
I'm from UK love Victoria Sovereigns. 2 a month is my target.
oh yesss - I love Victorias too - keep trying to get different years (will NOT touch the Charles one though - globalist)
Could you please tell us the factors of bullion silver (buffalos) and constitutional. I do mean legal differences such as is the situation with gold.
My LCS sells pre-1933 gold @ spot + $25. Condition is EF to AU and he gets more every week.
Nice.
If the price of that coin is only $25 over the spot, then it is not collectable coin. Its just a piece of metal.
@@UMKA1978 It's money.
You are a light at the end of the tunnel Lynette. Thank you
Ive full and fractional gold, silver Britannias (FOR NOW they are CGT free) these may be sold - the slabbed coins are wealth - the collectibles too - (UK collectibles are centuries old - Ive Henry VIII- a fav)
Lynette, Thank you!!! Learned a LOT today in terms of the differences. I don't have lots of disposable income, but enough to purchase a bit of gold via Glint each month. Is this ok in your book??
glint is one of my diversifications though a small %
Excuse me, but rarities at an exorbitant price, probably only find a very small market and are therefore not very liquid.
Collectable coins are totally different animals. The premiums are much higher because of the numismatic factor. It depends on how rare the coin is and it's preserved condition. Whoever doesn't know/understand numismatics should not burn their money buying such collectable gold coins. It takes a lot knowledge. And when you turn such coins to a dealer, they will pay you the price of spot gold anyway. This is not wise unless you know numismatics and market. Just buy normal bars, maple leaves, eagles, etc.
Yea, I see that most don't understand Lynette's take, nor are they interested in finding out or understanding her strategy. Sad really.
@@danielbbq Not everyone sees that strategy as beneficial to their own financial plan. Maybe it is and maybe it isn't a good idea for everyone.
But one thing in all this is clear: knowledge of the numismatic market and any coins that one buys had better be reality or one can waste a lot
of their cash chasing so-called collectibles that turn out not to have any special value over spot. Just remember this - not all old gold qualifies
as being of numismatic value. Simply being old is not sufficient, although it is necessary. Wade through the gold sections of the IRS web site
sometime. It's near-complete lack of clarity on this issue is truly amazing. As for myself, I want ounces and not promises of extra value or
protection from the small possibility of a confiscation. I do not see gold confiscation as being especially likely these days. Gold is not
circulated as money any more, so why enrage gold owners by even attempting to confiscate (read steal) it. Only a few percent of the US public
actually own ANY gold, other than perhaps a few pieces of jewelry and / or some gold dental work. Those who do are more likely to just bury it
when threatened with theft by government. Finally, this is a very litigious society and you can believe that a snow-storm of law suits would be
launched at any government even attempting a gold theft from We the People. There are many people who would be financially injured by any
such attempt, including coin shops, jewelers, people running coin shows, gold miners, gold sellers, etc. Maybe even foreign governments would
get involved, making this whole thing very messy, time consuming, expensive, and of dubious result.
What's the best place to buy gold? Thank in advance!
I used to buy generic silver and bullion gold but over the years it became very boring just walking into any shop and buying a tube and leaving. Awhile back I started buying MS70 and PF70 gold. I am selective in what I buy and it usually only costs a little over bullion. I also collect vintage silver bars now….yes they are more expensive than bullion but I enjoy the chase and excitement of finding neat stuff…if all you do is stack that’s great but that’s just too boring to me
How can the government confiscate gold if they don’t know you have it? When you buy from your local coin dealer, no information is exchanged. Everything is done in cash.
The way I understand it is that you will have a window of time to exchange your gold for their stated price. Once that window closes, gold is then illegal to own, sell, exchange, etc. and you can face fines and/or jail time for possessing. You can't buy food with it, pay your electric bill with it, pay real estate tax with it. It becomes worthless except for black market type exchanges. I think the key is diversify. Own a home free and clear, and make energy saving improvements. Have a full pantry and learn to garden. Have fiat in several different banking institutions, and some in a mattress. Have physical precious metals, and freedom seeds.
I like Goldbacks and Gold Dollars with UPMA for what I don’t keep home
Ive been doing a lot of Goldback transactions. In 9 states so far.
Without suppression, spot price chart would look like the key dates market chart. Thanks Lynette
Great explanations as always!
where would I even purchase physical gold/ silver?
Crushed the like button! EXCELLENT video and thank you so much for sharing!
LOVE your videos!! Could you explain how the US national debt clock is calculating the dollar to silver ratio? Ty
Lynette the info that I got from you helped me secure my wealth. Thank you soooooo much. Much love to ya.
Good info. How do I find out how much my silver and gold is worth?
Since when does the Government care about slabbed gold coins and please tell me which governmental department gave CGC (slabber of coins, comics, figurines) agency as the-be-all in slabbing coins?????? CGC is NOT recognized by the government. I can slab my OWN gold coins using my OWN slabs and then put ANYTHING I want on the sticker-label calling any and all of my gold coins as collectibles.
Trump stickers are the new thing in slabs even though his whole presidency he called for a weaker dollar for the banksters.
That’s an outstanding point. Lynette is great but I can’t understand why she pushes the slabbed coins so hard. A govt entity could come with a hammer and break the plastic and there goes your MS65 rating. I like the history behind those coins (just like 90% Ag) but I’m good with gold bullion.
Lynette Zang I love ❤️ your great reporting ! Keep up your amazing work!
I buy Fractional Gold. I buy 1/10 once coins and 1gram bars. Gold is Gold
And getting ripped off from premiums is getting ripped off.
@@jonathanbueltel9853 Im not worried about premiums or spot price
Good on you. Get what you can when you can.
Absolutely 👍
@@jonathanbueltel9853 Depends on what the use case is. A smuggler taking you to another country isnt going to give change.
Thank you Lynette. I buy bullion only. Silver and gold….like the song. You are the best. Thank you for being you.
What is your thoughts of buying in Scottsdale or Palm Springs.
thank you lynette!!
I buy Oz most for your value so I keep more of my money
Thanks Lynnette ❤
Hi! Newbie here. Just getting into my real money mode. Bought my first bag of silver last week. (Cash. Soon to be buried under the house). I am looking into gold as well.
This second confiscation, that will occur because of course, is troubling. Could you do a vid about the history and likelihood that it would happen again?
And I could sort of follow, but am confused, in what they 'wouldn't' confiscate.
LOVE YOUR CHANNEL AND THANKS!
some of the small denominations of those pre 1933 us gold coins w/o regard to grade, are as high as $200+ over the cost of the coin itself, what is an acceptable markup w/o getting ripped off?
PLEASE EXPLAIN EXECUTIVE ORDER 6102, WHY IT HAS NOT BEEN RESCINDED AND HOW IT EFFECTS PRE 1933 GOLD
There is a large gold mine in New Zealand that’s supposed to have 118 billion in gold in it. Will that affect the gold price.
no
Excellent video ❤❤❤
Where the heck do you buy it without being scammed? How do you know the purity? What do you think of Costco’s gold? They are selling it at the door.
Can you do a video about how you buy pre-1933 gold. It is easy to buy the bullion, but I am afraid that because I don't know how to value older coins I will be taken advantage-of.
American gold coins come at large unjustifiable premia compared to pretty much anything out there (and a lot of those coins look like they were designed by middle school students).
Unless you are collecting, I would stick with either foreign bullion or circulation/trade European gold (napoleons or sovereigns). On most of these, there is only a 5% spread over melt.
Thanks, Lynette
When the SHTF scenario happens, we’re all gonna have difficulty shifting that gold, whatever form it’s in… I dare say collectibles will be more difficult to shift than bullion!
You could still sell rated coins as junk coins . She is super sharp . Its too late for me I bought wrong. Lynneted always right. For years i did not know enough terminology to understand her.
want the simple truth... buy US one troy ounce Gold Eagles.... Overpriced slabbed gold becomes just gold when times get tight, the plastic cover is valueless....
Yup, just like anything else, when times get hard your collectibles aren't special and people aren't going to pay you more for them. I get silver at the cheapest price per ounce because an ounce is an ounce, I don't care what fancy design is on it, it all spends the same and if I was trading in shtf, I certainly wouldn't give someone more for their coin just because it was a limited run.
It is obvious that you only understand part of the market. The one percenters are buying and trading outside of what you know or understand.
@@danielbbq On the contrary. We DO understand that if professional dealers and bullion houses will not pay a substantial premium for slabbed coins...and they don't...Then neither will a pawn shop or flea market or your neighbor when the SHTF. It is obvious that you don't understand the real world. But then again maybe you can find another "One percenter" like yourself to buy your rare gold.
@@danielbbq I am not in the 1% are you? Do you know and have connections to the 1%? You know they will feel like buying your plastic covered over priced gold? How about when the SHTF do you think the 1% will come out of their bunkers to trade with you? You will sell you 1 troy ounce plastic covered gold coin for the same price I will sell my 1 troy ounce gold eagle...
@@derkong7114 Thats like saying you can resell art made by your sister in the 3rd grade vs a Picasso
Lynette what is your take on sprott gold trust for rrsp accounts in Canada?
Thanks. I'm a retired widow. Some gold some silver.
The only thing I worry about is getting it stored. I do not trust Banks.
If you don't hold it you don't own it
Put it in the garage in a fake can in the garage next to the dog food, don’t over think it
It is so small. Hide it in your house. Be creative. Not even a fire can destroy it. It is perfectly safe.
@@randywhelchel4674 You can melt the bullion and make fishing sinkers, then paint them silver. Just don't forget which is which.
I will store it for you.
I'm new to all this. A couple of weeks ago gold was selling for $2412/oz. and silver was $32/oz. Today it's $2,303 and $29. Why is it that?
Price fluctuates, just like other assets.
Learn and study charts and things get a lot clearer.
Wow Lady ….. keep it more simple ‼️‼️
this is the same woman who said silver will be $400 by the end of the year,, that was back in 2021
Read the real money history gold/silver
I wish! 😂
If someone needs the gold, it doesn't matter kind just pure 24 k😅😅😅😅
Where can I buy gold? Coins?
By holding it does she mean midnight gardening or allocated or allocated + segregated?