How I justify buying Silver in 2024 
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- Опубліковано 7 жов 2024
- Possibly a slightly different view on how to justify paying increasingly expensive silver coins and rounds.  I go into detail with a few visual aids to try and put my thoughts across. I hope you enjoy this video and get something out of it . if you felt like I’ve earned your like please let me know
I can be contacted on the email below
Scott.delta@hotmail.com
This 2024 $1 1oz silver investment coin celebrates Australia's iconic kangaroo set against a stylized depiction of the Australian bush. The combination of realism and stylization creates a balanced composition, highlighting the kangaroos while showcasing the natural beauty of their habitat Minted to brilliant uncirculated finish, each is packed in a clear capsule.
Coin Year 2024
Denomination $1
Diameter 40.00mm
Finish Brilliant Uncirculated
Mass 1.000ounces
Metal Type
Mintage 50000
Product Type Coin
Have a great stacking week !  - Навчання та стиль
It’s the kangaroo because it’s got a kangaroo on it 😂
😆 I just watched that back, kinda caught myself out with an explanation of a coin that was explained by its very name 😆 👊👍
Those are sweet! The trees in the background and the dunes on the ground really give that some deep dimension. Well done.
Good point I never realised that yes there is depth of field until you mentioned it, good pickup!! 👍👊
It's only gonna go up in the longrun. Reason why I don't hesitate to keep buying.
@@StackThatGoldI’m with you there brother! 😎
The bread is a great way of getting it across to people.
@@CyberCurtainTwitcher well at least I convinced myself! 😆 I just love the way precious metals works 👍👊
Wow! I didn't realise how devalued the AUD was. It's a real shame. Worse yet is that one side of your coins have a turd on them. I think you call it a King. Happy stacking to you!
@@plasticdadaii8225 yea it’s really bad here, not a place you should visit 😆😆
Beautiful coins 🦘
@@johnnyb3126 I’m amazed how much I see in a Royal Australia Mint silver investment coin just by putting it down and then reexamining, I start to see what the artist wanted to convey, hey thanks for dropping by and taking the time to comment Johnny 👍👊
Good explaination of why it's worth your fiat to stack that silver.
@@StackThatGold thanks mate. I appreciate that. It’s good every now and again just to check, make sure I haven’t been mesmerised by that shiny silver! .👊👍
I can always justify gathering money (Metals)
I like to get rid of paper that is just evaporating by the day
@@WorldMoneyWins I’m with you brother! I’m no rich man but I didn’t get to where I am now by making to many mistakes, every year it becomes clearer why we stack, however …. I like to test myself every now and then to make sure I’m on the right track! I appreciate your support World Money Wins 👍👊
This video really illiterates silvers staying power. The bread vs silver example is a great way to drive the point home. Nice coins too- another roll for the stack😊
@@SilverStruck hi mate, I’m more convincing my self lol,😆especially after 2011, that was all very similar, I know different but it was similar, following the old ‘once bitten twice shy’ scenario. You know how you feel better once you help someone else, Think I’m good now, confident this is still the correct flow I need to follow. 👊😆
Silver is never what you are going to realize any kind of return on other than an increase in spot price
There are better investments
Dont have to justify it, with spot as it is at the moment! Fair price.
@@dougstacks yea I suppose I was justifying in my own mind, iv been buying silver for a while and it’s crazy it’s run up high again, I’d much prefer that it slow down a bit as this kind of reminds me of about this time in 2011 it was around $75 an ounce, considering that we have had a price rise of about 45% (I’m talking food ect not wages) $75 in 2011 would be like $105 or so so now, so we are really only 50% of that now. But living and breathing in 2011 and living and breathing in 2024 it’s hard for me to sometimes think about prices in reality now to compare back then. A lot to just check myself every night again and make sure I don’t get off track although I was not buying much (thank Christ) iv been able to recover but don’t want to experience that again! Hope all that makes sense because I’m using voice to text! 👊👍
I agree, especially with the cost of living. And if we compare aud v usd the premiums seem reasonable. I am slowing down a little and mostly concentrating on date runs as a collector, however it is still a stack!!
Oh so that's the design today.
Nice to see a new Kangaroo design this one has good appeal, also I believe this one is not a series coin, are you collecting these? 👊
In 1935, using US prices, silver ranged from 45 cents to 55 cents. Let's call it 50 cents average. That mercury dime weighing 2.5 grams and being 90% silver contained 2.25 gms silver which is .073 troy ounce. (Check: $1.40 face of junk silver is about an ounce, one dime is 1/14th ounce troy. 1/14 = .0714)
So, fifty cents divided by 14 is .035 cents. Thus "buying" that dime in 1935 for 10 cents was paying 3x the native silver value at the time. Based upon that math, your purchase makes sense. You might just have to wait a lot of years for it to pan out in reality.
@@alanpecherer5705 yes, I’m in Australia so I was using the AU $ and I randomly picked 1935 (because I just bought a 1935 note) but I see your point, thanks for commenting 👊👍
gold and silver was and is the only money or real storage of wealth .. the paper is just currency or medium of exchange, doesnt store wealth over long time.
Absolutely, I know of no other transport of wealth that exists outside of the government approved ponzi burdened system. We all know that by paying our credit card with credit only makes the credit card company rich, same goes for a promissory note! 👊👍
@@Seven-Seven-77 and doing money laundery .. everyone who pays 1 cent back to a loan is a criminal ..lol
Yesterday I reluctantly paid $255.00 on a semi-new one ounce collector coin (w/Queen Elizabeth II). I am actually getting priced out of a hobby that I started in the 1960's, would have never imagined paying such a price on a modern coin. I have actually started a new "poor mans" hobby, because that is where our government greed and corruption has placed me. I have pretty much left the numismatic hobby and yesterdays purchase may very well be my final numismatic purchase. I feel as though we are being enslaved.
@@NoHandlesRequired Absolutely we are slowly being herded and corralled so now it’s all about understanding, accepting and above all actioning. I have a feeling it won’t be long before all PM purchases will be recorded and with a cashless society we will not be able to trade so now is the time to stack as much as financially possible, once that happens then PM will be taxed indirectly as income - for me it’s now or never 👊👍
stamp collecting?
Silver price will continue to rise
I agree, I have no doubt Silver n Gold will rise with inflation over time, what I’m not sure about is the available dips on the way up! 👊
Your bread is cheap. Our grocery stores in the US are selling it for 4 to 5 bucks a loaf. Same story here.
@@LibertyBleeds when back at home in Texas, I buy my groceries from HEB, great prices. Funny thinking about supermarkets I remember Weingarten’s and the Five and Dime store in Houston when I was a kid, we used to ride our bikes around the Firestone car park - am I showing my age?? 😆 you could buy a loaf of bread for a quarter back in those days but I’m not sure what my dad’s wages were but I’m thinking it was all relevant to today, what I mean by that is say a house was 25,000 and today it’s 250,000 it was still basically the same % of you income BUT I have noticed an increasing trend over the decades is that the % is changing now a house Is 35 - 50% of income (was 24% in 1990), best way I know to circumvent this is storing $ in anything but currency no matter the country! 👍👊
@@Seven-Seven-77 Absolutely, hedge the dollar any way you can. The incremental inflation is slowly but surely draining us. Have you noticed the prices of groceries have gone up 3 to 400% in the last 3 to 4 years? Meanwhile the packages incrementally grow smaller. We are being fleeced from every angle. We need to be smart with our money more than ever now. Glad you see it I hope more do soon. That was a great share brother. ✌🏼
@@LibertyBleeds This reminds me of the story about the frog in the hot water -
For those reading this comment that may not be familiar with the frog story -
myth has it that if you put a frog in a pot of boiling water it will instantly leap out. But if you put it in a pot filled with pleasantly tepid water and gradually heat it, the frog will remain in the water until it boils to death
@@Seven-Seven-77 incrementalism 🤢