Its largely true especially in this environment. However the price would change against another commodity and the value that gold buys will also fluctuate with the availability of other commodities. However point taken. Gold is measuring the fall of the $USD. not really rising itself.
I try to keep a 70% to 30% Gold to Silver Value Ratio. Gold is more stable and takes less room to store. I try to get Silver on the big dips and then convert it to Gold when the Silver price rises and the Silver to Gold ratio shrinks. It is a fun way for me to keep my wealth for future generations.
😮I started in silver in the mid 90s. I got interested in gold through the Goldback. From there, You got me to reconsider and have been adding gold ever since. I couldn't afford gold until recently, so that was a main factor.
You make so much sense and calm the waters of hype. It's a little ironic (but great) you have gotten success on youtube by being rational. Congrats! Love your channel.
I like stacking silver but as it is so cheap and takes up so much space, it makes me feel like a hoarder... thats a feeling that prevents me from going crazy on it. gold just feels so much more streamlined and convenient and so much more pleasant to accumulate
I bought an old safe 1.5 ft/² heavy. im using it as a decoy safe. My son thinks we should fill it with lead bricks but first krylon gold paint them. So about 1100 lbs of lead in a 150-200 lb safe, sitting where theyll see it first. Probably never have a break-in because of all the security i have but i absolutely love the idea of decoys.
My house got broken into they found and took all of my gold nuggets I had on the kitchen bench. They looked great sitting in their display, but if you know anything about gold nuggets these were all bigger than marbles and a couple around the size of golf balls. Very big gold nuggets that look great, but we're actually just gold painted good looking rock's.
Have both … But yes that silver gets heavy asf !!! Cannot afford enough gold to become heavy asf … But my hidden Crown Royal bag has got some weight to it thank God …🌎🗿™️
I love both metals. Though, I've falling more in love with Silver lately. It truly is the most under appreciated asset in the world, and it gives us so much in the world today. The current Gold to Silver ratio doesn't make sense either which is why I keep buying it.
I have only silver so far: Mostly Constitutional, some Maples, and a small amount in other forms. My focus going forwards is going to be fractional gold. Then eventually, 1-ounce gold coins to put away for retirement as a hedge against a stock market crash. I'll be travelling a lot in retirement (think snowbirding), and need to be able to take my stack with me without renting a U-Haul.
Silver to the moon would be GREAT! But just how likely is that? IMO, there would have to be some super-hot new technology that only silver can make work Think anti- gravity, warp drive, or something else equally exotic. THEN we could see a silver moon shot but the odds are very much against that happening without such a boost. Heck, I'd be happy to see $50 silver from 1980 or 2011 reborn after adjusting for inflation! 🙂
@@edb3877 all kidding aside, I think $50 is a tough nut to crack. When we get to that price I think we will be stuck there for awhile. Having said that I think silver will eventually be triple digits and $30 will be a distant memory. Stack on
I am not actually confident that silver will gain significant value, but I still like silver because I AM confident the dollar will lose value 😅 So I guess in a sense it is almost inevitable that silver will be triple digits considering inflation (assuming technology doesn’t make it obsolete.) The question is just how much stronger silver will actually get as far as buying power/real value.
There is more silver as a by-product than will ever be used before tech renders it less needed. The largest mine ever discovered was found and kept secret. They aren't mining it - WHY? The AISC research will show you they only produce it when they want to. $14 to $23 an oz. and they are lying
Liberty and Finance just had a great guest that explained the massive shorts on gold and silver. Not trying to take a away from this channel but he had some great info. 🍻
My thing with gold, like you, was that the premiums were/are much lower and I have worked hard and been fortunate to be able to afford them. Nothing against silver, I have plenty and will continue to get some, but I do prefer gold!
I stacked silver 2017-2019. Then stacked gold 2022-2023. I like silver but switched to gold because of silver's weight. A person can only reasonably be expected to carry a 50 pound suitcase or backpack. That's 730 ounces of silver, about $21,000 worth. The same weight in gold would be about $1.7 million. That's when I plan to stop stacking gold - 730 ounces 😂
Well Mr 2 is 1 Im always buying Gold and Silver. Not so much Gold as Silver buying right now. Pre 64 Silver is happening for me and Im enjoying the Silver price pullback from $ 32.00 per oz. Thank you for the continuing insights and your precious metals perspective.
Thanks again Mr. 1 You might be interested to know that your videos have become part of my plan. With every one of these videos I watch, I gain a bit of perspective and even some enlightenment at times. That has been my plan from the start. If you keep making them, I will continue to watch them. There are not many that I can say that about. Words can have a value and I value yours highly.
Most of the time I stack silver bc it’s more budget friendly, I don’t usually have enough to put towards any non fractional gold and the premiums on that are pretty high. I do buy both when I’m able to though for sure
I have both, but all the silver I own (other than some fun pieces) I bought at minimal premiums. If you want to be in the black on silver you need to be more careful and buy when premiums and spot are low. Of course it helps to do that with gold too, it's just not required
I know a guy in a basement that said dump all your money is silver😂. Gold all day but i started with it. Now having some silver never a bad idea for the right price. Even a little platinum can't hurt.
I stack silver because I'm retired and poor. I started stacking silver back in 2017 when I was still working and the premium was super low. I was able to get quite a bit of it at $14 per ounce. I'm at the point now where I'm not buying anything, but I am waiting for the silver to gold ratio get more realistic so I can swap.
@@2is1gold Yes, it was, and the whole period of 2014-2019 was pretty good too. That's when I was stacking heavy. These days, I only buy silver when the item is very attractive to me and the prices and premiums are decent. Which pretty much means rarely. But what I do get is sweet. 🙂 Still adding to my gold stack, though.
Due to taxation on silver and it doesn't matter whether it's jewelery or coins or bars, it is a really bad thing to buy silver in Denmark. Maybe over a periode of 40+ years it could work out. So to store one's wealth/savings = gold (no taxation on gold here if it's purity is above 90% iirc)
@@OldRoute66 No, there isn't... YET! With the Dems suffering from Euro-envy, though, I'm sure that they are just itching to implement a VAT. The real beauty of it from their POV is that it allows them to tax Roth vehicles indirectly while still maintaining the fiction that it won't be taxed. Some politicians just love that sort of wiggle room.
Try europa bullion vat at a minimum my go to for silver an example my lcs was €2,700 more expensive than europa bullion for the exact same box 🙅♂️ 1oz silver maltese coin just over €31 kruggers just over €32 worth checking them out..
I started stacking silver in January. I switched to gold in April. Buying fractional gold each month just makes more sense to me given the high price of silver.
Silver got me into precious metals investing/savings, gold got me serious about it. I pretty much just collect my favorite series in silver now and only will add ounces of silver when there are huge price drops.
I buy both metals but what exactly is buy is determined solely by how much I can spend at the time. If I can buy fractional gold then I will, but if I only have about $200 or less then I’ll buy some silver. I really don’t care about the hype or so-called “Potential for growth” because that’s just a marketing tactic. My budget dictates my purchases and nothing else.
Can't afford a lot of gold. I realized since I like playing scrooge mcduck, and it's okay for my silver to get damaged since it's used for just weight if and when I sell.
I wholeheartedly agree buy as much as you can afford of BOTH!!!! I have invested in both from back when gold was $300.00 and silver was $5.00. Now I've traded those making money and back and forth. Buy each as a wealth preservation theory when the economy damages your lives and dollar values
You really can't just look at a pair of points in history. The market changes and reveals different opportunities... GSR, trading one for the other, premiums, product availability, etc. I like to shift with those market changes. I've found it to be profitable for the individuals that want to do a bit more work.
Gold has outperformed silver over any extended period of time. If you want to find silver outperforming gold, just look for a period when gold rallied while silver stayed flat, ignore that, and look at 8 months later. 😄
@@2is1gold if your plan is to buy and hold, or you don't like the volatility, gold is the more stable option for those extended periods. I like the volatility myself and am good with the holding periods of silver for it.
"The stock market is a chart of rich people's emotions" I once heard. The PM market is also a chart of rich people's emotions and rich people don't have problem buying gold. By betting on silver you are betting against rich people (bad idea) because generally rich people aren't buying tons of physical silver.
I am new to buying gold and silver. I have $300 to spend but need some advice. I know gold is good, but for some unknown reason I really like silver. Would it be more reasonable to buy $300 of silver or $300 of fractional gold as my first purchase.
I personally like both Gold and Silver. I consider my Gold as my long term savings. Silver is just fun 😁 so many different choices to stack and collect or just as a savings. Cheers 🍾 🍾
@@2is1gold Yes, I believe silver is superior when doing person to person trade. Gold seems to be better suited when a trade involves corporations or governmental institutions. Yet, all things are relative to the moment.
@@sulphate3348 The regular north american doesn't have a clue about PMs.... you're gonna have one heck of a small trading circle. I'd say there may be more knowledge with gold but Ive seen video after video where guys are offering gold bars vs chocolate bars and the public take the chocolate
@@eightdragonkings Most of them didn't have a clue about the cognitive decline of the leader of the "free" world about a week ago. They know better now.
Ten or so years ago I bought silver at prices between $30 and $40. Now it’s at $30. WHY do Silver Addicts tell me that Silver is a hedge against inflation? Newb here, please explain.
Because on surface level it absolutely does not make sense that it's still at this price point. It's used everywhere and realistically with the demand it cannot stay like this forever, the price just doesn't make sense. Majority of metal stackers have most of their money in gold and silver is just for the "just in case it skyrockets in value" scenario.
I do think gold and silver will be better money makers than stocks over the next 15 years. Looking at a monthly S&P to gold ratio chart, stocks clearly appear to be topping. Could still be months or years til it really reverses though.
I’m in the “buy both category”. Never bad to have each. Which one would I want to have to buy a gallon of milk in a time of need? Which one to buy the whole cow?
I think of gold as stocks and silver as bonds. Both may perform differently at different times. Silver tends to do well when the ecomony is hot and gold when the ecomony is down although that hasn't been the case in 2023 with both metals performing well. But it's good to own both as you don't know what's going to happen in any given year and there is always the off chance that silver may spike in value.
Silver is to gold what natural gas is to oil... An inferior yet highly speculative derivative... Stacking silver to preserve wealth is a category error made by those who can't read a chart.
Depends on how you mean. Silver has more utility and in part because its not as rare. It also tends not to concentrate wealth too much which might keep things more balanced. Its better if you are concerned about social stability. Its a little more possible that industry might call the paper market's bluff on silver. Copper, an even more industrial metal with tertiary monetary qualities just did call a paper short position and had to deliver which is why copper shot up to the $5 mark. However as a personal means to store wealth gold is a better monetary metal by far. Though gold's Achilles heel is the paper market and rehypothication . The irony is that gold is chemically less corruptible, but is more subject to social corruption because once gold is not in one's own possession it has a tendency to sit in vaults which then can easily be double , triple booked etc.
I bought gold and silver in 2016- today but my bulk purchase was in 2016-2017 I decided to hedge my PM's purchase with Bitcoin. I made 80% in 8 years on gold and silver and 1,300% with bitcoin in 7 years. Best hedge In the world and I used BTC to buy more pm's with rolling profits.
I don't understand Bitcoin so it's not for me right now. I like your strategy, how you're using your profits from it to buy PMs so it's not just some theoretical abstract money. Smart move imo.
I have both 500 oz of silver and 6 oz of gold. Both amounts about equal in value as of June 2024 and both give me a reason to keep an eye on their values vs the USD until I retire or die. I'm done with metals though. My next investments will be elsewhere.
I like them both. I don't have a lot of faith in fiat and convert it to gold and silver as often as budget allows. If I had my druthers, gold would be my primary purchase simply due to space available in the current safe. My wife states that I probably need an intervention on firearms collection. Unfortunately, most of my friends are also firearms collectors, so not much help there. At any rate, not terribly interested in upgrading the safe any time soon, which makes the purchase of gold more likely. Have a great weekend man!
Thanks!
Hey thank you!!
Silver is great for making sure my safe is too heavy to steal the entire safe with my gold inside.
Ha!
Same. With a large safe copper will also do the trick.
@@StevenSimpson-it5mvlol😂
@@StevenSimpson-it5mvcopper is nothing I would put a granite 😂
Try lead it's even better than silver.
Key statement.
Both Yellow and white metals are better than green paper.
Noted🥃
Cheers! 🥃
Buy what you can afford, just buy!
I am on a budget and make room for both. Five ounces of silver and 1/10 oz of gold per month.
Good job
🤜🤛
This is the way .
Good budget! 😎
Buy 1/4 oz every 2 months. More weight, less premium.
“Get both.” Damn right. That’s all you need to know.
Silver gets pretty heavy, pretty quick
Real
It's a great workout. 😁
Exactly, and Gold is so much easier to hide.
I literally could not carry my silver to the car in one trip. I guess that's a good problem.
At 10 20 or Evan 40 to one it gets lots easier to deal with.
The price of gold NEVER changes! What changes is the value of the dollars you use to buy it.
The PRICE may fluctuate, but it's VALUE remains the same.
Its largely true especially in this environment. However the price would change against another commodity and the value that gold buys will also fluctuate with the availability of other commodities. However point taken. Gold is measuring the fall of the $USD. not really rising itself.
It’s already been pointed out. Price relative to the dollar fluctuates quite a bit. Value related to the dollar only fluctuates a bit. Cheers!
Does the price of a can of soup, loaf of bread, etc, change as often and as extensive as previous metals prices?
Exactly
Silver is a double edge sword. Monetary and industrial. I love silver. I love gold too :) both are a must I think!
I prefer gold over silver but I think Silver maples are better looking than the gold ones. Silver maples are the king of silver in my opinion
👍
I agree but Charles is hard to swallow.
@@barcjohnr
💯 the reason I don’t buy anything with his mug on it.
Imo the Britannia's can't be beat. Queen only. I refuse to buy anything with that skunk, Charles, on it.
I have about 80 ML. Definitely a beautiful coin
I try to keep a 70% to 30% Gold to Silver Value Ratio. Gold is more stable and takes less room to store. I try to get Silver on the big dips and then convert it to Gold when the Silver price rises and the Silver to Gold ratio shrinks. It is a fun way for me to keep my wealth for future generations.
🤜🤛
In the UK, when we buy silver we keep it. If Silver for example is £20 spot, with the premium & taxes it's £30 to buy. We hold for the long term.
😮I started in silver in the mid 90s. I got interested in gold through the Goldback. From there, You got me to reconsider and have been adding gold ever since. I couldn't afford gold until recently, so that was a main factor.
You make so much sense and calm the waters of hype. It's a little ironic (but great) you have gotten success on youtube by being rational. Congrats! Love your channel.
Thank you!
I like stacking silver but as it is so cheap and takes up so much space, it makes me feel like a hoarder... thats a feeling that prevents me from going crazy on it. gold just feels so much more streamlined and convenient and so much more pleasant to accumulate
Agreed.
I bought an old safe 1.5 ft/² heavy. im using it as a decoy safe. My son thinks we should fill it with lead bricks but first krylon gold paint them. So about 1100 lbs of lead in a 150-200 lb safe, sitting where theyll see it first. Probably never have a break-in because of all the security i have but i absolutely love the idea of decoys.
Same. Allegedly.
Great idea!
My house got broken into they found and took all of my gold nuggets I had on the kitchen bench. They looked great sitting in their display, but if you know anything about gold nuggets these were all bigger than marbles and a couple around the size of golf balls. Very big gold nuggets that look great, but we're actually just gold painted good looking rock's.
Have both … But yes that silver gets heavy asf !!! Cannot afford enough gold to become heavy asf … But my hidden Crown Royal bag has got some weight to it thank God …🌎🗿™️
The proper way to carry gold!
@@2is1gold It is very good but I'd prefer a leather pouch for my gold. Hmmm, make that a large leather pouch. lol
Crown royal should have a contest where you can win a nice of gold. It seems all stackers like crown royal lol I prefer Jameson but what do I know
I have lots of both. very happy with them too. 😊
It Doesn't Get Much Better Than This 2 is 1. Enjoyed the video and reading all the comments. 👍👍👍. Life is good.....God Bless
Cheers!
Thank you for my daily dose of Gold/Silver common sense. Agree that you should buy both always! 😉 Yukon Cornelius wasn't picky, he loved them both! 😁
True
I love both metals. Though, I've falling more in love with Silver lately. It truly is the most under appreciated asset in the world, and it gives us so much in the world today. The current Gold to Silver ratio doesn't make sense either which is why I keep buying it.
Pienso lo mismo, el potencial de revalorización de la plata es muy superior al del oro.
Silver will be like salt in the future, worthless.
The world is awash in silver, take it to SEA, and nobody wants it. Gold is king and valued all over the world, silver is junk.
Gold is better than silver is better than gold is better than fiat!
@@kevingalusha2210 exactly 👍
2is1, thank you for the vlog! great info, i'd like to think I'm practical. but then the collector side in me takes over.
Great info and perspective without all the doom and gloom. Thank you for again for great content.
I buy both, but heavier into silver due to the immediate affordability. Stack on, thanks for your perspectives and hard work
Cheers!
You are a wealth of wisdom! Thank you for keeping me grounded.
Thanks!
Perspective matters...thanks for sharing yours. Have a good weekend.
You too. Cheers!
I have only silver so far: Mostly Constitutional, some Maples, and a small amount in other forms. My focus going forwards is going to be fractional gold. Then eventually, 1-ounce gold coins to put away for retirement as a hedge against a stock market crash. I'll be travelling a lot in retirement (think snowbirding), and need to be able to take my stack with me without renting a U-Haul.
I found I needed to purchase gold to hedge the silver I had previously purchased. HA!
But Slayer said $1000 silver by 2025! Don’t be a buzz kill. Silver to the moon 🚀🌙😊
Ha! 😂
Silver to the moon would be GREAT! But just how likely is that? IMO, there would have to be some super-hot new technology that only silver can make work Think anti-
gravity, warp drive, or something else equally exotic. THEN we could see a silver moon shot but the odds are very much against that happening without such a boost.
Heck, I'd be happy to see $50 silver from 1980 or 2011 reborn after adjusting for inflation! 🙂
@@edb3877 all kidding aside, I think $50 is a tough nut to crack. When we get to that price I think we will be stuck there for awhile. Having said that I think silver will eventually be triple digits and $30 will be a distant memory. Stack on
I am not actually confident that silver will gain significant value, but I still like silver because I AM confident the dollar will lose value 😅
So I guess in a sense it is almost inevitable that silver will be triple digits considering inflation (assuming technology doesn’t make it obsolete.) The question is just how much stronger silver will actually get as far as buying power/real value.
There is more silver as a by-product than will ever be used before tech renders it less needed.
The largest mine ever discovered was found and kept secret. They aren't mining it - WHY?
The AISC research will show you they only produce it when they want to.
$14 to $23 an oz. and they are lying
Have both 😂
🤜🤛
I think silver and gold I have an equal place with each other to do their different jobs
Liberty and Finance just had a great guest that explained the massive shorts on gold and silver. Not trying to take a away from this channel but he had some great info. 🍻
My thing with gold, like you, was that the premiums were/are much lower and I have worked hard and been fortunate to be able to afford them. Nothing against silver, I have plenty and will continue to get some, but I do prefer gold!
I love both! Gold is best but silver is more fun IMO. Copper is neat too, especially when you get it for 1 cent from the bank
And pewter and any kind of metal or alloy etc. Gold is king and true value, silver is just some glorified metal.
I buy both for all the reasons.
🤜🤛
Great points! Love that Aesop quote as well 👍🏼
Aesop has all the wisdom.😄
I stacked silver 2017-2019. Then stacked gold 2022-2023. I like silver but switched to gold because of silver's weight. A person can only reasonably be expected to carry a 50 pound suitcase or backpack. That's 730 ounces of silver, about $21,000 worth. The same weight in gold would be about $1.7 million. That's when I plan to stop stacking gold - 730 ounces 😂
Well Mr 2 is 1 Im always buying Gold and Silver. Not so much Gold as Silver buying right now. Pre 64 Silver is happening for me and Im enjoying the Silver price pullback from $ 32.00 per oz. Thank you for the continuing insights and your precious metals perspective.
🤜🤛
2 is 1 stacking silver!?!
Has the world gone mad!?!
Ha, good to see mate. Best wishes from Australia.
Ha, cheers!
Thanks again Mr. 1
You might be interested to know that your videos have become part of my plan. With every one of these videos I watch, I gain a bit of perspective and even some enlightenment at times. That has been my plan from the start. If you keep making them, I will continue to watch them. There are not many that I can say that about. Words can have a value and I value yours highly.
Gold will always be the king BUT silver is 80x more exciting and that has some value !! Thanks for your time :)
Cheers!
Good explanation this topic needed covered 👍🏻
🤜🤛
Focusing on gold lately. Love having both.
🤜🤛
Keep up the good work
Most of the time I stack silver bc it’s more budget friendly, I don’t usually have enough to put towards any non fractional gold and the premiums on that are pretty high. I do buy both when I’m able to though for sure
I have both, but all the silver I own (other than some fun pieces) I bought at minimal premiums. If you want to be in the black on silver you need to be more careful and buy when premiums and spot are low. Of course it helps to do that with gold too, it's just not required
Well put.
Thank you for the episode
Thanks for watching!
I know a guy in a basement that said dump all your money is silver😂. Gold all day but i started with it. Now having some silver never a bad idea for the right price. Even a little platinum can't hurt.
Ha! I’m sure all the guy’s reasons are solid! 😄
I am just here because I like shiny things😍
I stack silver because I'm retired and poor. I started stacking silver back in 2017 when I was still working and the premium was super low. I was able to get quite a bit of it at $14 per ounce.
I'm at the point now where I'm not buying anything, but I am waiting for the silver to gold ratio get more realistic so I can swap.
2017 was a great time to buy.
@@2is1gold Yes, it was, and the whole period of 2014-2019 was pretty good too. That's when I was stacking heavy. These days, I only buy silver when the item is very
attractive to me and the prices and premiums are decent. Which pretty much means rarely. But what I do get is sweet. 🙂 Still adding to my gold stack, though.
Due to taxation on silver and it doesn't matter whether it's jewelery or coins or bars, it is a really bad thing to buy silver in Denmark. Maybe over a periode of 40+ years it could work out. So to store one's wealth/savings = gold (no taxation on gold here if it's purity is above 90% iirc)
I would have a really hard time paying VAT on silver.
@@OldRoute66 No, there isn't... YET! With the Dems suffering from Euro-envy, though, I'm sure that they are just itching to implement a VAT. The real beauty of it from
their POV is that it allows them to tax Roth vehicles indirectly while still maintaining the fiction that it won't be taxed. Some politicians just love that sort of wiggle room.
Try europa bullion vat at a minimum my go to for silver an example my lcs was €2,700 more expensive than europa bullion for the exact same box 🙅♂️ 1oz silver maltese coin just over €31 kruggers just over €32 worth checking them out..
I started stacking silver in January. I switched to gold in April. Buying fractional gold each month just makes more sense to me given the high price of silver.
They both definitely have their perks, I prefer gold when I can afford it. -DS
I buy both but similar to you, Im heavier on gold especially fractional ones
🤜🤛
Great video brother thanks for the info have a great weekend 🥃🥃🥃
Thanks, you too!
Interesting analysis, thanks. Mostly yellow for me li'l bit of silver. The Buffalo's in the Costco jewelry display are amazingly beautiful.
I have yet to see them in person, but I love the idea of it.
@@2is1gold the ideal lighting conditions of the jewelry display really enhances their beauty. 👍🤓
Silver got me into precious metals investing/savings, gold got me serious about it. I pretty much just collect my favorite series in silver now and only will add ounces of silver when there are huge price drops.
I buy both metals but what exactly is buy is determined solely by how much I can spend at the time. If I can buy fractional gold then I will, but if I only have about $200 or less then I’ll buy some silver. I really don’t care about the hype or so-called “Potential for growth” because that’s just a marketing tactic. My budget dictates my purchases and nothing else.
Nothing to loose by having both!
Real
Can't afford a lot of gold. I realized since I like playing scrooge mcduck, and it's okay for my silver to get damaged since it's used for just weight if and when I sell.
Currently buying silver, I’ve never been good with delayed gratification
I always appreciate your balanced views, thankyou 👍👍
🤜🤛
I buy mostly gold some silver, some numismatics. Mostly silver for daughter then numismatics then gold for her
I buy both but I have gold tastes on a silver budget lol either way I’m just buying and holding and will prolly Just leave it all to my kids
I wholeheartedly agree buy as much as you can afford of BOTH!!!!
I have invested in both from back when gold was $300.00 and silver was $5.00. Now I've traded those making money and back and forth. Buy each as a wealth preservation theory when the economy damages your lives and dollar values
You really can't just look at a pair of points in history. The market changes and reveals different opportunities... GSR, trading one for the other, premiums, product availability, etc.
I like to shift with those market changes. I've found it to be profitable for the individuals that want to do a bit more work.
Gold has outperformed silver over any extended period of time. If you want to find silver outperforming gold, just look for a period when gold rallied while silver stayed flat, ignore that, and look at 8 months later. 😄
@@2is1gold if your plan is to buy and hold, or you don't like the volatility, gold is the more stable option for those extended periods. I like the volatility myself and am good with the holding periods of silver for it.
"The stock market is a chart of rich people's emotions" I once heard. The PM market is also a chart of rich people's emotions and rich people don't have problem buying gold. By betting on silver you are betting against rich people (bad idea) because generally rich people aren't buying tons of physical silver.
I am new to buying gold and silver. I have $300 to spend but need some advice. I know gold is good, but for some unknown reason I really like silver. Would it be more reasonable to buy $300 of silver or $300 of fractional gold as my first purchase.
Still think have to look at Pt as well as the “third wheel”. It is on the US’s critical materials list. Mix, match, diversify.
I swing with both...metals that is
I personally like both Gold and Silver.
I consider my Gold as my long term savings.
Silver is just fun 😁 so many different choices to stack and collect or just as a savings.
Cheers 🍾 🍾
Cheers!
Cover both bases. I'm about 70/30 split with Gold/Silver & I'm happy.
Silver is the better trade commodity...but tarnishes with time.
By trade, you mean for individuals?
@@2is1gold Yes, I believe silver is superior when doing person to person trade. Gold seems to be better suited when a trade involves corporations or governmental institutions. Yet, all things are relative to the moment.
@@sulphate3348 The regular north american doesn't have a clue about PMs.... you're gonna have one heck of a small trading circle. I'd say there may be more knowledge with gold but Ive seen video after video where guys are offering gold bars vs chocolate bars and the public take the chocolate
@@eightdragonkings Most of them didn't have a clue about the cognitive decline of the leader of the "free" world about a week ago. They know better now.
@@eightdragonkings The regular North American didn't have a clue how brain-dead Brandon was until a week ago. People learn.
Nice Napoleon, did you get a poster with that?
Coin only.
Thank you for the video.
Thanks for watching!
Good video, thanks! Cheers
Cheers!
Ten or so years ago I bought silver at prices between $30 and $40. Now it’s at $30. WHY do Silver Addicts tell me that Silver is a hedge against inflation? Newb here, please explain.
Because on surface level it absolutely does not make sense that it's still at this price point. It's used everywhere and realistically with the demand it cannot stay like this forever, the price just doesn't make sense. Majority of metal stackers have most of their money in gold and silver is just for the "just in case it skyrockets in value" scenario.
I do think gold and silver will be better money makers than stocks over the next 15 years. Looking at a monthly S&P to gold ratio chart, stocks clearly appear to be topping. Could still be months or years til it really reverses though.
I like to stack both because.
Peace!
I’m in the “buy both category”. Never bad to have each. Which one would I want to have to buy a gallon of milk in a time of need? Which one to buy the whole cow?
Please attach the link of details for the knifes your are showing in your videos. They all look so good
UA-cam doesn’t like pocket knives and considers links “sales”. 🙃 This one is a Shirogorov Quantum, though. Cheers!
I think of gold as stocks and silver as bonds. Both may perform differently at different times. Silver tends to do well when the ecomony is hot and gold when the ecomony is down although that hasn't been the case in 2023 with both metals performing well. But it's good to own both as you don't know what's going to happen in any given year and there is always the off chance that silver may spike in value.
Excellent video👍
Thank you!
When having to sell some, for example to buy a property, I'd rather take it to the coin shop in my pocket than in a wheelbarrow 🤣
Ha, same.
Silver is to gold what natural gas is to oil... An inferior yet highly speculative derivative...
Stacking silver to preserve wealth is a category error made by those who can't read a chart.
Or perhaps it is just what many people can afford?
Depends on how you mean. Silver has more utility and in part because its not as rare. It also tends not to concentrate wealth too much which might keep things more balanced. Its better if you are concerned about social stability. Its a little more possible that industry might call the paper market's bluff on silver. Copper, an even more industrial metal with tertiary monetary qualities just did call a paper short position and had to deliver which is why copper shot up to the $5 mark.
However as a personal means to store wealth gold is a better monetary metal by far. Though gold's Achilles heel is the paper market and rehypothication . The irony is that gold is chemically less corruptible, but is more subject to social corruption because once gold is not in one's own possession it has a tendency to sit in vaults which then can easily be double , triple booked etc.
Good points.
I bought gold and silver in 2016- today but my bulk purchase was in 2016-2017 I decided to hedge my PM's purchase with Bitcoin. I made 80% in 8 years on gold and silver and 1,300% with bitcoin in 7 years. Best hedge In the world and I used BTC to buy more pm's with rolling profits.
I don't understand Bitcoin so it's not for me right now. I like your strategy, how you're using your profits from it to buy PMs so it's not just some theoretical abstract money. Smart move imo.
GREAT VIDIO! I THINK IM GONNA GET INTO SOME GOLD PROBLY PESOS CUZ IM NOT RICH
I have both
500 oz of silver and 6 oz of gold. Both amounts about equal in value as of June 2024 and both give me a reason to keep an eye on their values vs the USD until I retire or die. I'm done with metals though. My next investments will be elsewhere.
Nextel: Dance Party
I buy both because silver is a holy metal.
I like the shiro……I got the stellar recently.
Nice!
I like them both. I don't have a lot of faith in fiat and convert it to gold and silver as often as budget allows. If I had my druthers, gold would be my primary purchase simply due to space available in the current safe. My wife states that I probably need an intervention on firearms collection. Unfortunately, most of my friends are also firearms collectors, so not much help there. At any rate, not terribly interested in upgrading the safe any time soon, which makes the purchase of gold more likely. Have a great weekend man!
I can’t help slow you down on your other collection. My wife informed me long ago I have a problem there as well. 😄
@@2is1gold Same here....LOL
I bought a half sovereign just before lockdown for £200 a few months ago I the same shop £280
Oooo shiny shiny! Got both.
I would rather try and hide a shoe box full of gold than a pick up truck full of silver.
Same. Maybe I’d have some silver in the glove box.
I just like shiny "pure" things
Loved the video 🥰🥰🥰
Thank you!
I started saving silver from my father's change in 1967. Now I save some gold. Save what you can is my rule. I still like silver.
Great video today. Thank you, 2 is 1.
Thanks!
I own both. Heavier gold than silver. Prefer gold, but my silver is up percentage wise twice gold.