Im 56, and retired. As a high net worth individual, here is my take. I own both of my homes outright. One is a cabin. We have 4 cars, 2 motorcycles, and a SXS. It costs me $2900/mo to keep all my bills paid, including insurance, taxes, utilities, cells, security, internet, and food budget. That is 10 ozt's of gold per year, at todays spot (approx). It would be easier to liquidate 1 ozt gold per month to pay my bills, than to deal with 100 ozt's of silver. I love silver, but for long term survival, I chose gold.
Agreed. I think a small amount of silver is prudent. And if you simply cannot afford gold then silver is the next best thing. But with you all the way.
@@SkywalkerPMsdifferent works here. I rent a small 3 bedroom house for me and 2 kids. $1800 a month alone. I pay $500 a month in taxes. I own a 2004 Subaru. No credit card. But with power bill. Car insurance. Water bill is $127 a month. Lucky me my place has flat rate. I think my cost of living and I basically own nothing is as much as yours. Boomer life would have been much better
100%!!! Silver is a youngsters' game! Gold is a Tier One asset. When you're older, you can use your gold on a monthly basis for supplemental income, especially if your retirement salary does not keep up with inflation. Personally, I'm tired of the silver hype. It's been the same old song for the past decade, and still nothing. "Oh, but it outperformed gold this year." Yes it has, but it has also been in the 30's only to fall back down into the mid 20's, while gold has held firm. I wish I never bought silver and just stuck to gold when I started my stacking journey years ago.
looked at another way, in about 1942, gasoline was $0.20/gallon. That's 2 dimes. Around most of the country, gasoline is $3.50, and 2 pre-1964 dimes is $$3.60.
In GOLD, I have Always obtained FRACTIONAL since 1979. My grandmother always told me, Fractional was best, because if you sell Gold, you will get Hyper-Inflated Currency in Exchange. You only want to sell as much Gold that you need to without being stuck with a bunch of Hyper-Inflated Currency. Later, in the 1980's and 1990s, as I traveled the world on behalf of the USA, I noticed that such was TRUE. As I saw how people in other nations reacted when their nations currency collapsed and they relied upon Gold, Silver and Foreign Currency. Lastly, remember, in the USA, once you sale 10K worth of Gold, a REPORT is required to the US Government. If Gold was to ever jump that high, at least holding Fractional Gold eliminates the reporting requirement. Thankfully my State Gold and Silver are not reportable and tax free.
Because of the higher premiums on fractional gold, I usually buy silver. A tube of silver eagles feels like so much more than 1/4 ounce of gold... Austria.... See there. I watched to the end.
Had this same debate with myself about this very question back in the early 2000's... what I did was I kept buying silver but I bought gold in fractional form first then I started buying full ounces because I had a gut feeling we would see 2000 gold one day... back then gold was right around that 500 (+/-).... let's just say I saved a lot on premiums😂... I was under the assumption that gold would be closer to 4k to 5K by 2030... and it would be unattainable for the average person, and I also assume silver with track gold in the same fashion but in its own way of course... I'm assuming we'll see at least $300 silver one day after 2035 - 2040 and I think fractional silver would be a good idea as well but not to the same extent that I collected my fractional gold... what I did was buy a $200 worth of 1/10 gold coins, and would buy about $100 in silver for most of the 2000s and once gold hit that thousand-dollar Mark I switched over to full 1 oz gold coins till it hit 2000 a ozt then I stopped buying gold.... then I moved my focus on stacking just silver, but have been considering buying fractional silver but not in the 90% form I prefer to have 999 or 9999 pure... yeah fractional silver like 90% would be nice but I never ever get spot and it's always under melt in my area whenever I go to sell it back to them... on occasion I go and sell small amounts of silver and gold to my local coin shop at least once to two times a year so they get to know my face and it helps me feel out the market... but every time I come up there with constitutional if it's not AU or better, you're definitely not getting anywhere close to melt and I saw that as a problem... Thusly, I only have a small amount of constitutional for worst case scenario situations or when the premiums go through the roof and they're willing to actually play Spot or better... anyways hopefully this helps, take care boss 😎✌️ #DCAandCHILL
@@anecdotalecon yeah submarkets are there, but do you really want to go searching around driving to 10 Buck two and back just trying to sell... I mean if you had to you could but, I rather just find the path of least resistance... Just makes sense... maybe if you lived in a big city, wouldn't be as much of a problem or even a consideration, but I would assume no matter what route you go you'll still make it out on top or at least ahead of the person who is oblivious to this Market as of right now..... either way I tend to try to think of the path of least resistance that also maximizes my selling potential down the road.. 😎✌️#DCAandCHILL
The game and rules have changed for gold. It used to share the same asset tier as silver, but with it now being a tier one asset I believe it will only continue to go up and the everyday joe will eventually be priced out of the market.
I just bought an American gold Buffalo and a French gold Rooster the other day to mix it up with full ounce and fractional ounce, the Rooster is slightly less than 1/5 of a Troy ounce. Edit. I also got a tube of the silver Aztec rounds and a tube of the silver Unity & Liberty rounds too. I estimate about a month before I can resell them for a small profit
I stack Cleaned Indian Head Penny's. Average people, Non-Collectors, like Clean Bronze. It is actually very pretty to look at. I have plenty of Copper Rounds to.
There are more ppl buying one ouncers than you think. For example, my LCS says it's flying out the door. Minot Coins put out a video today and said they're selling about 50-50 buyers to sellers. Costco gold 1-ounce coins don't last long, either. You're on point about fractional. I'm five 1/2-ounce coins away from finishing that tube. 1/2-ounce coins are almost the same price I was paying for a full one-ounce when I started stacking. I'm debating between 1/4 ounce and 1/10 ounce tubes next. You made me lean towards 1/4 ounce. If gold keeps climbing, fractional gold will be in high demand, more so than it already is. Great video.
Austria!... just checking in to the finish line.😉 Seriously, I'm a newbie on your UA-cam page, and a newbie to precious metals, as well. Only started my purchases earlier this year. I'm here because you don't portray yourself as an expert; instead, you're just offering honest observations and posing questions for discussion, and that's a good thing. So, thanks for your effort in putting this together. I suppose everyone is different in their interest (inspiration?!) in and for precious metals. I understand your rant of "is the price of a 1 oz gold becoming too high?" as I am only just beginning to awaken to all the moves and maneuvering in the precious metals commodities world. Yet, my interest is simple and straightforward: STORE OF VALUE. While the concern over fractional gold vs 1 oz bouillon (or coins) is salient, what about inflationary impacts - or the perceptions thereof - to all other things as they relate to precious metals? Here's my point: in time, perceptions change. They evolve. EXAMPLE: When I first started driving in the early to mid-70s, we were paying 37 cents a gallon for gasoline. (OK, I grew-up in the oil rich lands of the Permian Basin in west Texas, but you get my point.) Today, some 50 years later, I'm thrilled to see gas prices dip below $3 a gallon. I don't pine away for the 37 cent level anymore; those days are long gone. Given this example, won't the inevitability of inflation overwhelm the prevailing perceptions of the USD-based valuation of gold, thus re-setting the baseline of perception? Meaning: won't the 1 oz gold bouillon still be attractive in its own right years down the road? As an aside, I no longer trust the powers that be. For 100 years, we've been taught and coddled into believing in "paper." The USD, bank notes, stocks, bonds, treasuries... it's all paper. That is what fuels my interest in the hard asset of gold and silver, an attractive form of both asset and currency for millennia. I just don't think mankind with all its hopes, dreams, yet also its wickedness and propensity for evil will change. Just not gonna happen. Sorry for the detour and the diatribe.
Thanks! And welcome to the community. I read every word. I agree with it all. One point on the 1 oz coins. You can always snip them in half if you have to. No issue if you can afford them! Thanks again!
The $10,000 reporting limit was passed in 1970, today that amount would be worth over $80,000. Today, 10K doesn't buy a lot today, and really needs to be changed to keep up with inflation.
You’ve brought up a very good point. Why does congress not jump on this onerous regulation and put a stop to it? At a minimum, they should raise the reporting requirement to keep it in line with the 1970 value.
@@anecdotalecon I will venture to say, in modern times, almost all laws are made to strengthen the governments position, or should say control, over the people, not for the good of the good of the people, and their well being.
If you want to buy fractional, buy the 20g/30g/50g sheets (split with friends if money is short) because buying 1g at a time is ridiculous with premium pricing. a 30g sheet has the same premiums as a 1oz coin.
@@anecdotalecon yeah it is a beauty sheet. But not very feasible for most single buyers now a days... So That is why the best method is for people wanting to get into gold but have little money is to split on a sheet like yours with friends. a 30/50/100g sheet has the same premiums as buying a 1oz or more coin. My comment isn't a negative one, it is to help new stackers or people with little money still get into the fractional gold without buying it 1g at a time... I would never recommend buying 1g of gold single. EDIT * I just looked up 1g bars on TD precious metals and they are 162. 162 X 31 = 5022 dollars! that is a stupid price to pay for gold.
Your gram of Gold is still $83. Silver is $32. You don't need fractional gold. It's like You don't need $1000 bills unless you are buying a car. You only need silver. Don't buy fractional. 4 x 1/4 oz = 3,122.36 per ounce vs 2677.40 plus whatever the premium is.
I’m stacking both. I’m close to 7oz of gold, just need a few more 1/10th AGEs. Luckily I have an LCS that sells them for about $290. After that…maybe set aside a few bucks each month and buy some every now and then, but it’ll be silver, silver, silver for the most part.
I have noticed local coin shops selling 1 oz for spot and fractional pretty close to it. So when gold is high if you must buy fractionals may make sense right now.
There’s really no difference. Silver is just fractional gold. If you have one quarter oz gold coin and need a tank of gas would you be happy to trade that expensive coin for one single tank of gas? Or would you rather have 20-22 oz of silver on hand? It’s the same exact amount of value just broken up differently and silver has more room to run
@@anecdotalecon don’t even have to think in apocalypse terms. Say you are strictly saving with it. You need new brakes for your car. Would you rather liquidate that quarter oz gold coin into $600+ (worthless cash) to pay for that $320 brake job? Or would you rather liquidate 10 maples? Me? I’ll liquidate the maples all day and save/protect the gold quarter oz for something that is more expensive.
I buy gold on a schedule so what ever it costs when the time comes is what i pay. Am I looking forward to buying another 1.2!troy oz centenario in January. Yes and no. It’s a bit of a nail-biter 😁
I bet the price will come down for you. Hopefully. Otherwise you will be chasing a never ending price increase. But I doubt that will happen. Youve caused me to want a centinario. Probably gonna get one at the next pull back. GL!
@@anecdotalecon thanks. I win no matter what the price does. That is the stress free joy of cost averaging. I’m tempted to buy it early but that always backfires. I’m just going to stick to the plan
Fractional gold and silver have always made sense, it offers a bit of liquidity to your stack. Also, it is not always better to save up to get that ounce. If you had bought one 1/10 ounce every month for the last ten months, I'm pretty sure you would have got that ounce of gold for less than the $2770 or so you'd pay for it today. I buy gold, but I buy a lot more silver. I stack silver until it starts taking up too much space, and then convert some to gold to make room for more silver. It's probably not the best plan considering the 82 to 1 ratio, but I don't really want to turn it back into cash unless I have to.
If you're okay with your silver weight, fractionl gold is good for liquidity and making change. I have prioritized Fractional Gold since 1998. Get what you can, when you can, while you can. Whether gram, ten gram, 10th, 1/4, Half, ounce, and/or larger. Not complicated to me.
My opinion is with hundred ounce silver bars buy 50 pesos gold With those big gold coins buy things like a car or expensive things to everyday need❤ I buy single rounds or 5 ounce 10 ounce silver to later buy half ounce gold and then save those for a car or my funeral😅😅 I don't worry about buying junk food or poisoned water or my vicious everyday beer .energy drinks pizza that one day I dream to leave it behind and never depend on ever again❤
In the UK the situation is fairly simple. Legal tender gold coins are free of all taxes, nothing else is. If your budget is limited then you have half sovereigns at about £300 as a starting point. Brittannias at around £2000 may be too big a bite.
Just bought a sovereign today for under 3% premium. Cant complain about that over here. Thats about a 1/4 oz which would usually be 4 or more times higher than that.
I mostly do Silver. I do have some 1oz Gold coins, but it is getting too expensive. I like the Roosters and things like that. A gram is just too tiny, though.
No, you're not making any sense. You have to do the math when you are ready to buy. Today, at everyone's favorite online coin merchant, a 1 ounce American Eagle is $2780 and the total cost for four, 1/4 ounce American Eagles is $3178. That's $398.16 difference for the same exact weight. The 1 oz coin is $110 over the $2670 spot price, and the fractional total cost is $511.16 over spot. The commissions on the 1 oz coin is less than 5%, where the fractional commissions are about 15%. When you go to sell, they won't give you anymore, and will value your coins by weight. You'll be lucky to get spot when you do, and the shops are notorious for paying back of spot to minimize their risk of a spot price drop.
Why don't people like bars? I Stack 20g 10g 5g even a few 2g bars of Gold and some silver...Gold bars have a fair premium more stackers should go with them
Same with me, started in that range and expanded upto 100g. Than got bored and switched to coins...biggest 2oz 2023 gold Lunar 3 rabbit. Also concentrated on silver bars, 25 kg @ 1kg....boring and heavy, never mind...plenty of 1kg to 1oz silver coins...addiction😂, now retired, but aiming to complete the AU Lunar III gold coin series...6 up to now, but only 1/10 oz,, this is just for fun, knowing the premium....
Gold is really nice, but I'm addicted to silver. Specifically them 90% US coins. Gonna melt them down into a helmet so the alien controlled government can't beam mind controlling propaganda into my thought box.
You kind of answered your own question when you asked when it starts to make sense to buy fractional. It is a HIGHLY PERSONAL decision that is made on an individual level! Very wealthy people stack 1 oz Gold eagles, and exceptionally wealthy people stack kilo bars of Gold! Your everyday Common Man stacks Silver, but is more prone to needing Fiat cash from time to time. Silver is also considered an industrial metal and a monetary metal, plus the derivatives markets all make Silver exceptionally volatile, in Fiat. The best way to analyze this is the Gold to Silver ratio. $2650/$31.73=83.5. So it takes 83.5 oz of Silver to purchase 1 oz of Gold. This went as high as 125 briefly in March 2020, although you could not have found physical Silver for under $20 an ounce back then (SLV dipped into the high 11's). Centuries of History puts the G/S ratio at around 20 to 1, and more modern times (last 75 years) around 40 to 1. The ratio hit 17:1 briefly in January 1980. So the price of Silver will multiply at least 2X, 4X or multiples more *under certain scenarios*. You can look at 1980 and 2011 as historical examples of reference points. Dollar cost average and buy by the truckload during brief liquidation events! Blessings! Silence DoGood ☕✝️
Silver is fractional gold🤪
👆what he said…but I still like those maples.
Im 56, and retired. As a high net worth individual, here is my take. I own both of my homes outright. One is a cabin. We have 4 cars, 2 motorcycles, and a SXS. It costs me $2900/mo to keep all my bills paid, including insurance, taxes, utilities, cells, security, internet, and food budget. That is 10 ozt's of gold per year, at todays spot (approx). It would be easier to liquidate 1 ozt gold per month to pay my bills, than to deal with 100 ozt's of silver. I love silver, but for long term survival, I chose gold.
Agreed. I think a small amount of silver is prudent. And if you simply cannot afford gold then silver is the next best thing. But with you all the way.
@@anecdotaleconI would like to add, you mentioned that gold, in 1 ozt form, is unattainable by most citizens. I would argue that is the point.
@@SkywalkerPMsdifferent works here. I rent a small 3 bedroom house for me and 2 kids. $1800 a month alone. I pay $500 a month in taxes. I own a 2004 Subaru. No credit card. But with power bill. Car insurance. Water bill is $127 a month. Lucky me my place has flat rate. I think my cost of living and I basically own nothing is as much as yours. Boomer life would have been much better
100%!!! Silver is a youngsters' game! Gold is a Tier One asset. When you're older, you can use your gold on a monthly basis for supplemental income, especially if your retirement salary does not keep up with inflation. Personally, I'm tired of the silver hype. It's been the same old song for the past decade, and still nothing. "Oh, but it outperformed gold this year." Yes it has, but it has also been in the 30's only to fall back down into the mid 20's, while gold has held firm. I wish I never bought silver and just stuck to gold when I started my stacking journey years ago.
Way to go buddy.you should be proud of yourself. Enjoy life.remember,you can't buy a minute.
I like my one ounce silver coins.
Me too!
looked at another way, in about 1942, gasoline was $0.20/gallon. That's 2 dimes. Around most of the country, gasoline is $3.50, and 2 pre-1964 dimes is $$3.60.
In GOLD, I have Always obtained FRACTIONAL since 1979.
My grandmother always told me, Fractional was best, because if you sell Gold, you will get Hyper-Inflated Currency in Exchange. You only want to sell as much Gold that you need to without being stuck with a bunch of Hyper-Inflated Currency.
Later, in the 1980's and 1990s, as I traveled the world on behalf of the USA, I noticed that such was TRUE. As I saw how people in other nations reacted when their nations currency collapsed and they relied upon Gold, Silver and Foreign Currency.
Lastly, remember, in the USA, once you sale 10K worth of Gold, a REPORT is required to the US Government. If Gold was to ever jump that high, at least holding Fractional Gold eliminates the reporting requirement. Thankfully my State Gold and Silver are not reportable and tax free.
Might have to bring out those gold scissors...
Buy 1 oz gold, fractional gold, 1 oz silver, and junk silver. Then u have everything covered.
But what about collectables, series, ancient nuemsmatics, and rare coins!
@@anecdotalecon yes buy those also
@@anecdotaleconunfortunately those are for people looking for special coins… the norm won’t care nor will they pay more for those… I won’t
Because of the higher premiums on fractional gold, I usually buy silver. A tube of silver eagles feels like so much more than 1/4 ounce of gold... Austria.... See there. I watched to the end.
Thanks! And the weight is nice! I have a tube in my work desk at all times to play with.
Funny thing but crypto is teaching young people about gold. A lot of bitcoiners buy gold when exiting a btc bull run.
💯
@@M.RInvestorChannel you get it 😁👍
Had this same debate with myself about this very question back in the early 2000's... what I did was I kept buying silver but I bought gold in fractional form first then I started buying full ounces because I had a gut feeling we would see 2000 gold one day... back then gold was right around that 500 (+/-).... let's just say I saved a lot on premiums😂... I was under the assumption that gold would be closer to 4k to 5K by 2030... and it would be unattainable for the average person, and I also assume silver with track gold in the same fashion but in its own way of course... I'm assuming we'll see at least $300 silver one day after 2035 - 2040 and I think fractional silver would be a good idea as well but not to the same extent that I collected my fractional gold... what I did was buy a $200 worth of 1/10 gold coins, and would buy about $100 in silver for most of the 2000s and once gold hit that thousand-dollar Mark I switched over to full 1 oz gold coins till it hit 2000 a ozt then I stopped buying gold.... then I moved my focus on stacking just silver, but have been considering buying fractional silver but not in the 90% form I prefer to have 999 or 9999 pure... yeah fractional silver like 90% would be nice but I never ever get spot and it's always under melt in my area whenever I go to sell it back to them... on occasion I go and sell small amounts of silver and gold to my local coin shop at least once to two times a year so they get to know my face and it helps me feel out the market... but every time I come up there with constitutional if it's not AU or better, you're definitely not getting anywhere close to melt and I saw that as a problem... Thusly, I only have a small amount of constitutional for worst case scenario situations or when the premiums go through the roof and they're willing to actually play Spot or better... anyways hopefully this helps, take care boss 😎✌️ #DCAandCHILL
Interesting comment on constitutional silver. There are markets within markets...
@@anecdotalecon yeah submarkets are there, but do you really want to go searching around driving to 10 Buck two and back just trying to sell... I mean if you had to you could but, I rather just find the path of least resistance... Just makes sense... maybe if you lived in a big city, wouldn't be as much of a problem or even a consideration, but I would assume no matter what route you go you'll still make it out on top or at least ahead of the person who is oblivious to this Market as of right now..... either way I tend to try to think of the path of least resistance that also maximizes my selling potential down the road.. 😎✌️#DCAandCHILL
The game and rules have changed for gold. It used to share the same asset tier as silver, but with it now being a tier one asset I believe it will only continue to go up and the everyday joe will eventually be priced out of the market.
1 0unce gold coins or any gold coin will never be hard to find. Afford yes.
Never say never ;). Ty for the comment!
I just bought an American gold Buffalo and a French gold Rooster the other day to mix it up with full ounce and fractional ounce, the Rooster is slightly less than 1/5 of a Troy ounce.
Edit. I also got a tube of the silver Aztec rounds and a tube of the silver Unity & Liberty rounds too. I estimate about a month before I can resell them for a small profit
I hope so. Im after another buffalo soon myself! Thanks for the comment.
Copper rounds will become CHANGE for silver and gold
They just need to bring back a penny :)
I stack Cleaned Indian Head Penny's. Average people, Non-Collectors, like Clean Bronze. It is actually very pretty to look at. I have plenty of Copper Rounds to.
@@TobaccoRowe1960 How are you cleaning them?
@@jeffhudalla5706 Rembrandt Toothpaste. The Naf is over twice as strong as Crest and it has no abrasive Silica
According to all these UA-cam stacking channels everybody and their grandmother is buying silver and gold .
"I saw it in youtube" is the new I read it in a book...
I'm a Grampa sheesh
There are more ppl buying one ouncers than you think. For example, my LCS says it's flying out the door. Minot Coins put out a video today and said they're selling about 50-50 buyers to sellers. Costco gold 1-ounce coins don't last long, either. You're on point about fractional. I'm five 1/2-ounce coins away from finishing that tube. 1/2-ounce coins are almost the same price I was paying for a full one-ounce when I started stacking. I'm debating between 1/4 ounce and 1/10 ounce tubes next. You made me lean towards 1/4 ounce. If gold keeps climbing, fractional gold will be in high demand, more so than it already is. Great video.
Thanks, and anytime you use the word gold and tube together is awesome!
@@anecdotalecon it takes soooo long to do lol
Austria!... just checking in to the finish line.😉
Seriously, I'm a newbie on your UA-cam page, and a newbie to precious metals, as well. Only started my purchases earlier this year. I'm here because you don't portray yourself as an expert; instead, you're just offering honest observations and posing questions for discussion, and that's a good thing. So, thanks for your effort in putting this together.
I suppose everyone is different in their interest (inspiration?!) in and for precious metals. I understand your rant of "is the price of a 1 oz gold becoming too high?" as I am only just beginning to awaken to all the moves and maneuvering in the precious metals commodities world. Yet, my interest is simple and straightforward: STORE OF VALUE.
While the concern over fractional gold vs 1 oz bouillon (or coins) is salient, what about inflationary impacts - or the perceptions thereof - to all other things as they relate to precious metals?
Here's my point: in time, perceptions change. They evolve. EXAMPLE: When I first started driving in the early to mid-70s, we were paying 37 cents a gallon for gasoline. (OK, I grew-up in the oil rich lands of the Permian Basin in west Texas, but you get my point.) Today, some 50 years later, I'm thrilled to see gas prices dip below $3 a gallon. I don't pine away for the 37 cent level anymore; those days are long gone. Given this example, won't the inevitability of inflation overwhelm the prevailing perceptions of the USD-based valuation of gold, thus re-setting the baseline of perception? Meaning: won't the 1 oz gold bouillon still be attractive in its own right years down the road?
As an aside, I no longer trust the powers that be. For 100 years, we've been taught and coddled into believing in "paper." The USD, bank notes, stocks, bonds, treasuries... it's all paper. That is what fuels my interest in the hard asset of gold and silver, an attractive form of both asset and currency for millennia. I just don't think mankind with all its hopes, dreams, yet also its wickedness and propensity for evil will change. Just not gonna happen.
Sorry for the detour and the diatribe.
Thanks! And welcome to the community. I read every word. I agree with it all. One point on the 1 oz coins. You can always snip them in half if you have to. No issue if you can afford them! Thanks again!
The $10,000 reporting limit was passed in 1970, today that amount would be worth over $80,000. Today, 10K doesn't buy a lot today, and really needs to be changed to keep up with inflation.
You’ve brought up a very good point. Why does congress not jump on this onerous regulation and put a stop to it? At a minimum, they should raise the reporting requirement to keep it in line with the 1970 value.
Things that make you go hmmmmm. Is it deliberate?
@@anecdotalecon I will venture to say, in modern times, almost all laws are made to strengthen the governments position, or should say control, over the people, not for the good of the good of the people, and their well being.
I agree, it should be changed but there's no way they will. Government wants control of every cent of your money.
You should of been doing it years ago.. I think most people over think all this.
I know I do. But that's the fun of it
A person must decide why , they’re buying metals.
A few silver rounds will put food on your table.
A few gold rounds will put a roof on your house.
I already told you, it's for the kids : )
Fractional Gold? Wait, soon fractional Silver will be a thing.
Stay Safe and Keep Stacking! Cheers
Fractional silver. Now there's a thought!
Just bought 16 1/4oz Monarch King Tut Rounds for the kids. Premium, $16 per ounce.
FJB... Close the Border... TRUMP 2024 🙏
Lets go Brandon?
@@anecdotalecon😂
If you want to buy fractional, buy the 20g/30g/50g sheets (split with friends if money is short) because buying 1g at a time is ridiculous with premium pricing. a 30g sheet has the same premiums as a 1oz coin.
Did you see my sheet? I like it.
@@anecdotalecon yeah it is a beauty sheet. But not very feasible for most single buyers now a days... So That is why the best method is for people wanting to get into gold but have little money is to split on a sheet like yours with friends. a 30/50/100g sheet has the same premiums as buying a 1oz or more coin.
My comment isn't a negative one, it is to help new stackers or people with little money still get into the fractional gold without buying it 1g at a time... I would never recommend buying 1g of gold single.
EDIT * I just looked up 1g bars on TD precious metals and they are 162. 162 X 31 = 5022 dollars! that is a stupid price to pay for gold.
Great food for thought, thanks for bringing this up
Your gram of Gold is still $83. Silver is $32. You don't need fractional gold. It's like You don't need $1000 bills unless you are buying a car. You only need silver. Don't buy fractional. 4 x 1/4 oz = 3,122.36 per ounce vs 2677.40 plus whatever the premium is.
But what if I want the properties of gold in addition to my silver but cant afford an oz? I agree with you generally though.
I’m stacking both. I’m close to 7oz of gold, just need a few more 1/10th AGEs. Luckily I have an LCS that sells them for about $290.
After that…maybe set aside a few bucks each month and buy some every now and then, but it’ll be silver, silver, silver for the most part.
I dig it!
I have noticed local coin shops selling 1 oz for spot and fractional pretty close to it. So when gold is high if you must buy fractionals may make sense right now.
When it comes to buying gold under an ounce your best bet is 10grams.
Frankly, I don't think that fractional gold is logical. For silver, you can go to constitutional silver. 90%/junk silver takes care of that.
Premiums and what you can afford.
NICE STUFF, THANKS!
No, thank you!
There’s really no difference. Silver is just fractional gold. If you have one quarter oz gold coin and need a tank of gas would you be happy to trade that expensive coin for one single tank of gas? Or would you rather have 20-22 oz of silver on hand? It’s the same exact amount of value just broken up differently and silver has more room to run
Great points!
@@anecdotalecon don’t even have to think in apocalypse terms. Say you are strictly saving with it. You need new brakes for your car. Would you rather liquidate that quarter oz gold coin into $600+ (worthless cash) to pay for that $320 brake job? Or would you rather liquidate 10 maples? Me? I’ll liquidate the maples all day and save/protect the gold quarter oz for something that is more expensive.
Premiums on silver are high though so usually (not always) better off to liquidate gold and buy back a smaller amount. Tough call.
If true to fix it myself with UA-cam videos.
I agree ive been buying 1/10th and 1/4 oz eagles and maples all year. Even 5 gram and 1 gram bars whenni come across them.
I buy gold on a schedule so what ever it costs when the time comes is what i pay. Am I looking forward to buying another 1.2!troy oz centenario in January. Yes and no. It’s a bit of a nail-biter 😁
I bet the price will come down for you. Hopefully. Otherwise you will be chasing a never ending price increase. But I doubt that will happen. Youve caused me to want a centinario. Probably gonna get one at the next pull back. GL!
@@anecdotalecon thanks. I win no matter what the price does. That is the stress free joy of cost averaging. I’m tempted to buy it early but that always backfires. I’m just going to stick to the plan
Love it!
25 thousand IS ' hyper-rare ' .
The advantages of Germania's is that the mintages are so low .
100% I have many Germainias to share in the future.
yes, the buying AU would probably go up and harder to buy, but 10th of an ounce is easier to buy something or x amount of AG
You are still measuring the value by the almighty Dollar💵.
First mistake
factional gold by the gram !!!! How much a premium did you pay for those grams of gold. This is your second mistake 🙄
Nice video - new subscriber ❤
Thanks!
Fractional gold and silver have always made sense, it offers a bit of liquidity to your stack. Also, it is not always better to save up to get that ounce. If you had bought one 1/10 ounce every month for the last ten months, I'm pretty sure you would have got that ounce of gold for less than the $2770 or so you'd pay for it today.
I buy gold, but I buy a lot more silver. I stack silver until it starts taking up too much space, and then convert some to gold to make room for more silver. It's probably not the best plan considering the 82 to 1 ratio, but I don't really want to turn it back into cash unless I have to.
Multiple good points here. Especially DCA ing on the 1/10th ozers
If you're okay with your silver weight, fractionl gold is good for liquidity and making change.
I have prioritized Fractional Gold since 1998.
Get what you can, when you can, while you can.
Whether gram, ten gram, 10th, 1/4, Half, ounce, and/or larger.
Not complicated to me.
I think if gold corrects and breaks up even more, then silver is going to wake up.
One word ! SOVEREIGNS !
I love the maplegrams,my lcs sold them for 70 a year ago today 90$. For a gram😂!
Man. Ive seem them as high as $110 a gram. You did good. They are very high quality for single gram coins! Appreciate it!
My opinion is with hundred ounce silver bars buy 50 pesos gold
With those big gold coins buy things like a car or expensive things to everyday need❤
I buy single rounds or 5 ounce 10 ounce silver to later buy half ounce gold and then save those for a car or my funeral😅😅
I don't worry about buying junk food or poisoned water or my vicious everyday beer .energy drinks pizza that one day I dream to leave it behind and never depend on ever again❤
Dream the dream!
Collecting happens 😁 germania mint coins look really nice
In the UK the situation is fairly simple. Legal tender gold coins are free of all taxes, nothing else is. If your budget is limited then you have half sovereigns at about £300 as a starting point. Brittannias at around £2000 may be too big a bite.
How are premiums on the different sizes there? Thats always been the issue this side of the pond.
@@anecdotalecon The larger the coin the smaller the premium % wise. 1/10 oz are terrible value, a full 1Oz is best.
Just bought a sovereign today for under 3% premium. Cant complain about that over here. Thats about a 1/4 oz which would usually be 4 or more times higher than that.
@@anecdotalecon Well done. Buy more if you can find them at that price.
Stack mercury dimes & fractional gold. There you have it.
Thanks for the comment!
Everytime i wanted to buy gold, my thumb would hit the silver button
Sloppy but a good problem to have!
Depends how much money is in my account
I mostly do Silver. I do have some 1oz Gold coins, but it is getting too expensive. I like the Roosters and things like that. A gram is just too tiny, though.
Agreed. Ive got a handful of old gold (pre 33 european stuff). Planning to get more.
I bought a 1/10oz gold Samoa Dragon
Im jelly!
Interesting perspective 🤔
No, you're not making any sense. You have to do the math when you are ready to buy. Today, at everyone's favorite online coin merchant, a 1 ounce American Eagle is $2780 and the total cost for four, 1/4 ounce American Eagles is $3178. That's $398.16 difference for the same exact weight. The 1 oz coin is $110 over the $2670 spot price, and the fractional total cost is $511.16 over spot. The commissions on the 1 oz coin is less than 5%, where the fractional commissions are about 15%. When you go to sell, they won't give you anymore, and will value your coins by weight. You'll be lucky to get spot when you do, and the shops are notorious for paying back of spot to minimize their risk of a spot price drop.
Great point. What I'm trying to say is that strategy may begin to change sometimes for some people. But I may be wrong.
I buy quarter and tenth ounce gold. I am saving for a Buffalo but price seems to go up faster than my savings. Austria.
Thanks! And 100% thats my worry as well. The price going up faster than you can buy.
Why don't people like bars? I Stack 20g 10g 5g even a few 2g bars of Gold and some silver...Gold bars have a fair premium more stackers should go with them
I have many bars. Great discussion for another day.
Same with me, started in that range and expanded upto 100g. Than got bored and switched to coins...biggest 2oz 2023 gold Lunar 3 rabbit. Also concentrated on silver bars, 25 kg @ 1kg....boring and heavy, never mind...plenty of 1kg to 1oz silver coins...addiction😂, now retired, but aiming to complete the AU Lunar III gold coin series...6 up to now, but only 1/10 oz,, this is just for fun, knowing the premium....
Austria
Thanks for watching! And yeah def got the collecting bug.
Gold is really nice, but I'm addicted to silver. Specifically them 90% US coins. Gonna melt them down into a helmet so the alien controlled government can't beam mind controlling propaganda into my thought box.
Bro, your so plugged in. No fooling this guy!
Ounce is best as it's the lowest premium.
@@nooneimportant779, completely different topic.
I see we share an admiration for kooks
Kooky
BRICS a gram of gold for a barrel of oil
Are you a coin collector or a bullion dealer ?. Make up your mind before you buy anything.
Im all 3 and a little bit more ;)
I’m a pure stacker. Cheapest silver and for me it’s 100oz bars. Gold it’s AGE and buffaloes
You kind of answered your own question when you asked when it starts to make sense to buy fractional. It is a HIGHLY PERSONAL decision that is made on an individual level! Very wealthy people stack 1 oz Gold eagles, and exceptionally wealthy people stack kilo bars of Gold! Your everyday Common Man stacks Silver, but is more prone to needing Fiat cash from time to time. Silver is also considered an industrial metal and a monetary metal, plus the derivatives markets all make Silver exceptionally volatile, in Fiat. The best way to analyze this is the Gold to Silver ratio. $2650/$31.73=83.5. So it takes 83.5 oz of Silver to purchase 1 oz of Gold. This went as high as 125 briefly in March 2020, although you could not have found physical Silver for under $20 an ounce back then (SLV dipped into the high 11's). Centuries of History puts the G/S ratio at around 20 to 1, and more modern times (last 75 years) around 40 to 1. The ratio hit 17:1 briefly in January 1980. So the price of Silver will multiply at least 2X, 4X or multiples more *under certain scenarios*. You can look at 1980 and 2011 as historical examples of reference points. Dollar cost average and buy by the truckload during brief liquidation events!
Blessings!
Silence DoGood
☕✝️
Good read
I'm still buying loads of gold. Poor people are poor for a reason. The story is that silver is poor man's gold, I hope so.
Austria
Thanks!