Every time I look at your gold stack. I get motivated. I started stacking in 2021. I was always a bad saver not being able to save not even 1000 bucks. Now I have over 50k worth of Metals silver and gold. Thanks man.
I only started 12 months ago have 7k better late than never, only regret is that i didtnt hear of or even know about stacking i will keep purchasing every month i look forward to checking out different coins and saving up to get it ,if someone told me 12 months ago id be spending a few hours a week checking out bullion dealers and a lot of content on you tube regarding pm's id have said no chance ive got the stacking bug 😊
@royharris7135 right on Roy keep it up. I remember when I got my first 10 ounces I couldn't stop looking at them and thought to myself "man I'll reach 100 ounces" 1300 ounces later and here I am.
Absolutely. What some one will give us for an asset does establish a "true" price for just about anything. The thing is, some things are of different value to different people and that's where the rub comes in with things to which we have become enamored. That makes it worth more to us than it might be to someone else who is more objective about it.
Ok. I have to mention the obvious. Has anyone noticed the hard sell on gold over the past 5 or so years? TV, radio etc. . it non-stop! Now turn back the clock the 2005-2018 or so. Every commercial was "We're buying Gold". They would even send you a postage paid envelope to send it to them in. Whatever you had! I don't see that anymore. Makes me hesitant to go on heavy.
Hope this helps people new to the concept of saving in real money - most of us were born into the fiat money system and have no memory of when Gold was money. Good video mate.
My mom freaked out before y2k, spot was 320. Everyone thought she was being paranoid. Granted y2k was a bust, but the gold she bought is still in our family. Pretty sure spot has increased a wee bit in the mean time. Keep stacking amigos you wont regret it.
I’ve found that success in the long term is based on making 25 year, 10 year, 5 year, 1 year, 1 month, and 1 week decisions deliberately with perspective on outcomes on those timelines. Every time I buy an ounce of gold I make my 10-25 year decision for the month. Every 529 account I contribute to or 401k/roth IRA contribution is a 25 year decision for that month. Every time I mow my lawn is a 1 week prudent decision. That’s the way it makes sense for me to not stress or worry for the future.
This is my favorite channel! No nonsense and very educational not to mention entertaining. Learn from your own history and pass it on. Very wise my friend!!
Been in the prepping groove for about 14 years, always said you cant eat gold or silver. But I worked my way into gold and silver as I pretty much have everything else covered. So only been stacking about 8 months, but feel I am doing well, mostly silver, as it is easier to afford, but a little gold. As a self employed carpenter, I think people are starting to realize, that things arent always like they seem, and we are headed for a disaster worse than 08, it was hard to make the bills and stay in business that go round, better prepared for this shit show that is unfolding! Prep hard people, it isnt going to get any cheaper than today.
50 Years and still counting here Thanks To The Good Lord Above! Yes, it's worth it and I like these two quotes. #1 If You Can't Hold It, You Don't Own It and #2 this quote by Norm Franz "Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants but debt is the money of slaves.” Thanks for another .9999 fine video my friend. 👍 Life is good.....God Bless
I think the biggest thing I learned was to not look at dollar returns on gold. I look at the gold as the money, and the $$$ as the speculation. Dollars are coupons to trade for real money (gold). Took me a while to wrap my brain around that.
Indeed so. Borrowing and printing WILL destroy any fiat currency and has done so to about 4,000 of them over the course of human monetary history. Oddly enough, people still have GREAT faith in their national currency in many countries and do not appreciate the value of diversifying their financial holdings outside their national currency. Gold and silver are alternative currencies. They existed as money before any of the fiat currencies and will survive the demise of all fiat currencies. Time favors gold and silver as money. It does not favor unbacked paper with ink on it as money. The end of the fiat currency experiment is in sight, yet so many cannot or will not see this happening right before their very eyes. But reality has a way of intruding upon those who think that they are in love with something or other and when that becomes clear to even the die-hards, a time of great anguish will come. When will this happen? No one knows or can know the future. Being ready for this beforehand is the best we can ever do.
I've been buying equities for over 30yrs, and have outpaced metals by thousands of percentages, sure it's fiat, yet it pays monthly. I do own a lot of gold, yet as a fun hobby and not as a be all end all. My favorite is the Buffalo gold!
Agree on the power of compound interest and investing in equities. Been there, done that, and done well with it. Don't care for the Buffalo gold coin design, though. It just doesn't appeal to be, even on a nickel. But I really do like the Morgan dollars, the 1964 Kennedy halves, and the AGE and Saint-Gaudens $20 gold coin designs.
Yeah I started in OCT 23' and am at 9.5 oz.... Really excited about it! I am going to lay low a month or two now with hopes of a drop.. Otherwise I will just buy some more if it doesn't come. Does not matter to me as it will not get sold for 30+ years or ever for that matter
I really like your presentations . . .You are so professional, no screaming & hollering, no talking over other people . . . . Your presentations are fantastic & enjoyable ( I hate the SD bullion plug - there are better out there) . . . Keep up your path & presentations . . . I DCA . . I'm not buying now - I'll wait for a dip - I buy & hold
I started buying Gold around 4 years ago, as a way to put my savings aside and outside the banking system. I don't like risky stuff, so I don't buy stocks or anything of that sort. Since a few months though I stopped buying, as I think that the spot price is too high right now, so I'm waiting for it to come down a little. I'm not in a rush to keep buying. My game is for the very long term..
Gold has easily been worth it for me. It should work well for anyone who is well established (no massive consumer debt and has a career or owns a business) and has a long term mindset. I've gone out of my way to make sure I never went too crazy with buying at any given time and I think that helped me never feel too bad if there was an unexpected price swing. Stick to the plan and march on.
I an underwater on gold, and a little profit on silver. I am looking at holding for 30+ years. There might be the opportunity to convert metals into realestate, that i might do. We are in unchartered waters. Never before has the whole world been on a completely fiat system.
The lesson I've learned over the past few years is that I am not smart enough get ahead using the gold/silver ratio. Much less stressful if you stick to just one commodity.
I'm not very smart . . & .. I am not $$ rich buy no means I have watched MANY utube presentations in my day and there are many "___" that preach YOU NEED this much of this & YOU NEED this much of that" Hockey puc !! Well . . . I say . . . I follow my inner compass and I buy what I can afford and I do not get hung up on nor do I obsess with how much I have . . . Every year . . . I do buy 1 roll of ASE and I do buy 1 1oz GML . . then thru out the year . . if I have spare $$$ . . I'll buy a 1/4oz . . or . . I'll buy a 1/2oz . .it all depends on what my extra money is avail. The important thing is this . . . get in . .stay in . . steady as she goes . . before long you'll see the results. Block out the noise - because at the end of the day . . that is all it is . .. if your reading this .. look to your right and you will see MANY people that have posted something about PM ( Au & Ag ) on utube . . FOLKS . . 2IS1 is the best. ANd trust me - I have watched all the others = seriously. 2IS1 is the best. I have never 2IS1. I do NOT get any $$$ from this man. I just tell the truth.
I'm just here for the 20/20 hindsight trolls! haha. Personally I am solidly in the 5%-10% club. Gold and silver are such unique assets compared to other assets that a measly 5%-10% of your wealth in these wonderful assets is a no-brainer.
Over the past 40+ years, I have come to the conclusion that most finance types are in it for the money... OUR money, so their "advice" is not only sketchy but highly suspect. Because of this, I read and studied personal finance for several years and become my own financial advisor. Did I make any mistakes? Yep, sure did, but mostly early on. Painful mistakes are best avoided, so I considered them as "the price of education", learned from them, and worked hard not to repeat them. Retired at age 55 and have been livin' the dream ever since. Coming up on my 20th year of retirement next October. As to gold and silver, I consider them as essentials and have added to my stack of them over the years. Am currently at 20% of my net worth in PMs and am heading to 25%. That is my max and I will not exceed it. But then, I don't have to because just about any scenario that seems likely to require them to live decently is sure to result in a 5-10x increase in their value. I'm not doing this to become filthy rich, just to provide a decent standard of living for myself and my family.
After watching your videos for a few months I decided to buy my first 1oz Britannia coin. I have never been happier. There is something magic about this metal
I didn’t have to parental influencial guidance when I was young either. And most young people don’t know to ask and seek investment advice. Luckily, you can stop that cycle at you. I won’t ever let my generations go blindly into this world.
April 2023, I bought a few one ounce gold bars and because I utilized credit they were $2,162.00 each, which still hasn't reached today's spot price. I do understand that buying with cash is always best. I was just in a comfortable position to buy at that time and I was building my credit and the bars were on sale and I love gold and.....you get the idea. I know that gold will go up in price especially when the global gold revaluation takes place.
Thank you, 2 is 1 for the video. I started silver in 2010, and gold in 2011. So, I made most of my mistakes in those two years. I did get an opportunity to unload some silver at 31% profit recently, so I sold a little (I'm in my 70s, so I expected to be selling some occasionally). For the rest of the silver, I'm still a little upside down except for the constitutional and it appears I'm way up on it, except for some Washington Quarters. The gold I'm averaged around $1470.00 + or -, no collectibles. My gambling side has me holding off buying gold lately.
I like spending didn’t like saving, made many foolish choices financially this is one that helps me save and spend.. I like silver and gold.. however I like my boom sticks and freedom seeds as well. Just wish I had more 😂 keep up the great content muchacho.
For my average in gold and silver, I have a lot of room to buy even at today prices. I am rather thinking that unless the Fed raises rates again, the bottom is in.
Congratulations on 16 years! 🤩 I’ll be getting back in the saddle with gold purchases this month… No job changes or car crashes or um… other purchases are gonna stand in my way this year 😉
I really appreciate your 16 year summary in gold holding experience! I love to learn from others experience. You asked if we had anything to add to this, I think buying each countries most popular gold bullion coin is definitely the way to stack. ( The four 9's ones ) A persons stack should be at least 90% of their own countries coin, or the coin of the country they intend to migrate to.
For me gold yes and silver no. Only been stacking for more than 3 years and my DCA for gold is net positive including premiums. I am upside down with silver, but believe this will change in the future. PM’s are a hedge and not an investment. I reached my goal for silver so I am done making new purchases. I will continue to stack gold wisely.
Certainly going to start saving for Gold, just need to figure out how much I'll be earning now. My paycheck has changed from apprentice to certified electrician. January was my last apprentice paycheck. I found your channel quite literally 3 days ago, have been binge watching all day every day since then and you've thoroughly convinced me of saving gold. Many thanks, keep up the great work, appreciate the videos, take care!
Well done on becoming a qualified sparky, ive only been stacking a year but its a great rush to see the stack grow every month and looking forward to the monthly delivery or heading to the lcs to pick out something you have worked hard and saved for, its like when your a kid and your given something you might not look after it as much as you should because someone else paid for it for you, but when you save up and get something for yourself you look after it and appreciate it more, thats how i look at my stacking journey 👍
Nope. He would be far off. 16 years ago an oz of gold is around $680ish at the lowest point. Fast forward to 2023 ATH that's only roughly 207% gain. And that's assuming he bought every gold he had 16 years ago. While SPY 16 years ago lowest point is $70ish and highest was $147 per share. Fast forward to now, its gained almost 600% assuming he bought all shares 16 years ago and that still doesn't include dividends. Gold is totally not comparable to stocks. Unless he bought Enron lol Let's say even he bought a stupid stock like pltr from last year low to date his gain is already 262% in 13months. Starting from Jan 23.
I remember $350 AU... early 90s I think. But I was never schooled on precious metals back then. The same thing can be said for savings. I was poor and thought gold was only a rich man's game. I was i had a time machine.
I just like it. It's fun collecting and then at the same time saving. If the world ends then I enjoyed my life I'm grateful for being able to enjoy this lake and my dog. And getting to hold a few gold coins for awhile. If anything I wasted time not enjoying the little things. Enjoy every single minute it's only a limited time life.
Been stacking gold for 25years at 1200 dollars a month retired early .now I'm living off gold a bit at a time .my only advice is don't blow your brains out only buy when you have spare cash and start now because in 5 years time it will be higher .on average 9 per cent a year.and enjoy collecting and retire early 😊😊
There are many paths that lead to financial success. For me, it was the stock market and a very nice 401k plan plus annual cash bonuses. Also retired at age 55 and did not miss working for a living one bit. I did miss some of my former colleagues, though. Small company, good people who acted more like family than business associates. Came to silver stacking and then gold stacking as a way to preserve some of my wealth from market crashes and inflation. Others whom I know did the same thing via real estate investing or owning a business. Whatever way appeals to each of us is what they should pursue, if their goal is a secure financial future.
Your story is unusual. Most people chase price. If it’s going up, people think it will keep going up and they buy. When it goes down, they worry it will keep going down and they sell.
..i always appreciate your take on things. in the end of 23 i decided to begin trading cash that i always have kept on hand for gold. with a long term hold in mind and a plan, it just makes sense👍
I remember in my younger years asking a financial advisor on what a short term investment was. He said 20 years. Shocked, I jokingly asked what was a LONG term investment. He said it was 45 years at least. Gold... Is long term. It both excites and depresses me.
I think taking the view that gold is a savings vehicle with a barrier to access is the wisest approach. The past years with tbills and other savings instruments paying practically zero, while the market roared with TINA on tap, who can say what the next 10-15 years will bring. I do expect a currency devaluation as in Plaza Accord 2.0, but who knows. IF this happens, gold will certainly be a good place to have stored some purchasing power. We'll also soon see what- if any- impact that Shanghai gold futures trading will have. I'm not sure if that has kicked off yet. Beware recency bias..
Honestly it has been worth it. It made me "save". if I had that sitting around I'm sure I would of made poor choices with my purchases or buy things that just depreciate. so all around I'm sure its sitting better in my hands and not being liquidated.
Thank you for the perspective! Do you invest in general, I.e. in stocks, funds or ETF's? As far as I am aware, the S&P 500 and the total stock market has overall outperformed gold prices.
I know that it is not a popular opinion, but I believe that tenth ounce coins are the best value as the public will be able to afford them no matter how high gold goes; this means that you can recover 100% of your premium by selling to the public. If you buy larger pieces, then you are mostly looking to sell to the dealers who will never give you full premium.
Exciting news! Rose number [837] is my contribution to your garden. 🌹 I hope it blooms with the essence of your creativity. Can't wait to see our collaborative garden filled with unique flowers! 🌷😊
I’ve dicked around with gold since the ‘80s. Overall, I’m probably up a bit (bought and sold, repeat) but would have done better in a straight bank savings account. However, savings accounts aren’t pretty.
In one of your videos, you said that you sold gold to buy Bitcoin in the previous crypto bull market. Are you going to do the same in this cycle? Great video! Love your content 🫵
Probably depends on how long you have been buying and what your plan is with it some people buy and later resell for a profit some buy and hold on to it for as long as possible and others buy just to buy
@@bo_dink lol No, son, it was not voluntary. Do yourself a favor and study up on Executive Order 6102. That wasn’t repealed until 1974. So, between 1933 and 1974 it was illegal for Americans to own gold besides jewelry. Again, history says that your gold won’t save you in the event of a crisis.
You should be buying it as a savings and it's a hedge against inflation. But the end game you should know that over time the government will collapse cuz they are spending like drunken sailors. If you can't pay the debts there's going to be a re-evaluation of gold to all the debts what's in the end game means that gold should be probably valued at about 89000 an ounce
Every time I look at your gold stack. I get motivated. I started stacking in 2021. I was always a bad saver not being able to save not even 1000 bucks. Now I have over 50k worth of Metals silver and gold. Thanks man.
Hell yeah. ✊
You get motivated. I get a chub. Which is about all This old man can do anymore 😂
@@DiversifyYourself lol wtf fair enough 😂
I only started 12 months ago have 7k better late than never, only regret is that i didtnt hear of or even know about stacking i will keep purchasing every month i look forward to checking out different coins and saving up to get it ,if someone told me 12 months ago id be spending a few hours a week checking out bullion dealers and a lot of content on you tube regarding pm's id have said no chance ive got the stacking bug 😊
@royharris7135 right on Roy keep it up. I remember when I got my first 10 ounces I couldn't stop looking at them and thought to myself "man I'll reach 100 ounces" 1300 ounces later and here I am.
Your gold stack is amazing!! I inherited my grandpa's stack a few years ago and that got me into stacking. Adding to his stack to carry on his ways..
Nice!
My Dad had a great saying, "An asset is only worth what someone else is willing to pay".
My dad used to say “The only guy who ever got rich from gold is he who owns the mine”
Or the guy who leases and sells the mining supplies.
Absolutely. What some one will give us for an asset does establish a "true" price for just about anything. The thing is, some things are of different value to different people and
that's where the rub comes in with things to which we have become enamored. That makes it worth more to us than it might be to someone else who is more objective about it.
Ok. I have to mention the obvious. Has anyone noticed the hard sell on gold over the past 5 or so years? TV, radio etc. . it non-stop! Now turn back the clock the 2005-2018 or so. Every commercial was "We're buying Gold". They would even send you a postage paid envelope to send it to them in. Whatever you had! I don't see that anymore.
Makes me hesitant to go on heavy.
@@CuSTACKSYes, back in the gold rush days the guy that sold tge shovels, pick axes, etc made more money than 99% of the miners.
Hope this helps people new to the concept of saving in real money - most of us were born into the fiat money system and have no memory of when Gold was money. Good video mate.
My mom freaked out before y2k, spot was 320. Everyone thought she was being paranoid. Granted y2k was a bust, but the gold she bought is still in our family. Pretty sure spot has increased a wee bit in the mean time. Keep stacking amigos you wont regret it.
Nice!
I’ve found that success in the long term is based on making 25 year, 10 year, 5 year, 1 year, 1 month, and 1 week decisions deliberately with perspective on outcomes on those timelines. Every time I buy an ounce of gold I make my 10-25 year decision for the month. Every 529 account I contribute to or 401k/roth IRA contribution is a 25 year decision for that month. Every time I mow my lawn is a 1 week prudent decision. That’s the way it makes sense for me to not stress or worry for the future.
This is my favorite channel! No nonsense and very educational not to mention entertaining. Learn from your own history and pass it on. Very wise my friend!!
Cheers!
Any positively gorgeous eye candy!
Been in the prepping groove for about 14 years, always said you cant eat gold or silver. But I worked my way into gold and silver as I pretty much have everything else covered. So only been stacking about 8 months, but feel I am doing well, mostly silver, as it is easier to afford, but a little gold. As a self employed carpenter, I think people are starting to realize, that things arent always like they seem, and we are headed for a disaster worse than 08, it was hard to make the bills and stay in business that go round, better prepared for this shit show that is unfolding!
Prep hard people, it isnt going to get any cheaper than today.
The self-employed angle adds a layer. I’ve always wanted backup for slow times. Cant control how much work is available to be done. Cheers!
50 Years and still counting here Thanks To The Good Lord Above! Yes, it's worth it and I like these two quotes. #1 If You Can't Hold It, You Don't Own It and #2 this quote by Norm Franz "Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants but debt is the money of slaves.” Thanks for another .9999 fine video my friend. 👍 Life is good.....God Bless
I think the biggest thing I learned was to not look at dollar returns on gold.
I look at the gold as the money, and the $$$ as the speculation. Dollars are coupons to trade for real money (gold). Took me a while to wrap my brain around that.
Fun coupons 😄
At the rate the US is creating dollars… I should say: keep on buying and hold it. 👍🏻
Indeed so. Borrowing and printing WILL destroy any fiat currency and has done so to about 4,000 of them over the course of human monetary history.
Oddly enough, people still have GREAT faith in their national currency in many countries and do not appreciate the value of diversifying their financial
holdings outside their national currency. Gold and silver are alternative currencies. They existed as money before any of the fiat currencies and will
survive the demise of all fiat currencies. Time favors gold and silver as money. It does not favor unbacked paper with ink on it as money. The end
of the fiat currency experiment is in sight, yet so many cannot or will not see this happening right before their very eyes. But reality has a way of
intruding upon those who think that they are in love with something or other and when that becomes clear to even the die-hards, a time of great
anguish will come. When will this happen? No one knows or can know the future. Being ready for this beforehand is the best we can ever do.
Yes, USA spreads inflation all over the world by printing dollars. This is the main cause of the financial suffering 😢.
I've been buying equities for over 30yrs, and have outpaced metals by thousands of percentages, sure it's fiat, yet it pays monthly. I do own a lot of gold, yet as a fun hobby and not as a be all end all. My favorite is the Buffalo gold!
Agree on the power of compound interest and investing in equities. Been there, done that, and done well with it.
Don't care for the Buffalo gold coin design, though. It just doesn't appeal to be, even on a nickel. But I really do
like the Morgan dollars, the 1964 Kennedy halves, and the AGE and Saint-Gaudens $20 gold coin designs.
I've only been stacking for several years but every dollar I spend on precious metals I feel is money well spent because it's not spent
That’s the way I try to look at it!
No, it isn't spent. It's merely converted into a tangible asset that is better than the paper money whence it came.
BIGO . . Very well said
Started "hoarding" in Nov 23 and have almost 8oz today. I stop playing stratch off tickets and there was the money!
Nice!
Damn you’ve been able to put that much away in 2 1/2 months?! That’s awesome. 4:25
That was quite the scratch-off habit!
That much in only 3-4 months. Holy moly. That's a bad habit.
Yeah I started in OCT 23' and am at 9.5 oz.... Really excited about it! I am going to lay low a month or two now with hopes of a drop.. Otherwise I will just buy some more if it doesn't come. Does not matter to me as it will not get sold for 30+ years or ever for that matter
I really like your presentations . . .You are so professional, no screaming & hollering, no talking over other people . . . . Your presentations are fantastic & enjoyable ( I hate the SD bullion plug - there are better out there) . . . Keep up your path & presentations . . . I DCA . . I'm not buying now - I'll wait for a dip - I buy & hold
I started buying Gold around 4 years ago, as a way to put my savings aside and outside the banking system. I don't like risky stuff, so I don't buy stocks or anything of that sort. Since a few months though I stopped buying, as I think that the spot price is too high right now, so I'm waiting for it to come down a little. I'm not in a rush to keep buying. My game is for the very long term..
Gold has easily been worth it for me. It should work well for anyone who is well established (no massive consumer debt and has a career or owns a business) and has a long term mindset. I've gone out of my way to make sure I never went too crazy with buying at any given time and I think that helped me never feel too bad if there was an unexpected price swing. Stick to the plan and march on.
Words of wisdom…. 👍🏼
Well put.
I an underwater on gold, and a little profit on silver. I am looking at holding for 30+ years. There might be the opportunity to convert metals into realestate, that i might do.
We are in unchartered waters. Never before has the whole world been on a completely fiat system.
I would HOPE it kept pace with inflation, that's probably the #1 point of having PMs.
Inflation plus any rate / yield for a savings account. Gold way outpaced that measure.
@@2is1gold Yep, 572%. You won't beat that number with anything
@@cabracove572% over what time period? That number means nothing without a time period.
@@afridgetoofar1818 2000 until now
The lesson I've learned over the past few years is that I am not smart enough get ahead using the gold/silver ratio. Much less stressful if you stick to just one commodity.
That’s a tough swap.
The GSR is an outdated, virtually meaningless construct.
I pay very little attention to the gold/silver ratio and very few people trade with me using it. Just saying......
I'm not very smart . . & .. I am not $$ rich buy no means
I have watched MANY utube presentations in my day and there are many "___" that preach YOU NEED this much of this & YOU NEED this much of that"
Hockey puc !!
Well . . . I say . . . I follow my inner compass and I buy what I can afford and I do not get hung up on nor do I obsess with how much I have . . . Every year . . . I do buy 1 roll of ASE and I do buy 1 1oz GML . . then thru out the year . . if I have spare $$$ . . I'll buy a 1/4oz . . or . . I'll buy a 1/2oz . .it all depends on what my extra money is avail.
The important thing is this . . . get in . .stay in . . steady as she goes . . before long you'll see the results.
Block out the noise - because at the end of the day . . that is all it is . .. if your reading this .. look to your right and you will see MANY people that have posted something about PM ( Au & Ag ) on utube . .
FOLKS . . 2IS1 is the best. ANd trust me - I have watched all the others = seriously. 2IS1 is the best.
I have never 2IS1.
I do NOT get any $$$ from this man.
I just tell the truth.
A moment of silence for all us silver stackers. :(
I'm just here for the 20/20 hindsight trolls! haha. Personally I am solidly in the 5%-10% club. Gold and silver are such unique assets compared to other assets that a measly 5%-10% of your wealth in these wonderful assets is a no-brainer.
Give them time. 😂
Over the past 40+ years, I have come to the conclusion that most finance types are in it for the money... OUR money, so their "advice" is not only sketchy but highly suspect.
Because of this, I read and studied personal finance for several years and become my own financial advisor. Did I make any mistakes? Yep, sure did, but mostly early on.
Painful mistakes are best avoided, so I considered them as "the price of education", learned from them, and worked hard not to repeat them. Retired at age 55 and have
been livin' the dream ever since. Coming up on my 20th year of retirement next October. As to gold and silver, I consider them as essentials and have added to my stack
of them over the years. Am currently at 20% of my net worth in PMs and am heading to 25%. That is my max and I will not exceed it. But then, I don't have to because
just about any scenario that seems likely to require them to live decently is sure to result in a 5-10x increase in their value. I'm not doing this to become filthy rich, just
to provide a decent standard of living for myself and my family.
After watching your videos for a few months I decided to buy my first 1oz Britannia coin. I have never been happier. There is something magic about this metal
It has been worth it. I wish I cared more in my 20’s. I just didn’t have or surround myself with the right people back then :)
Same.
PREACH!!!!!
Show me your friends and I’ll show you your future
Exactly!
I didn’t have to parental influencial guidance when I was young either.
And most young people don’t know to ask and seek investment advice. Luckily, you can stop that cycle at you. I won’t ever let my generations go blindly into this world.
Cheers 🥃
Thank you sir!! 🥃
April 2023, I bought a few one ounce gold bars and because I utilized credit they were $2,162.00 each, which still hasn't reached today's spot price. I do understand that buying with cash is always best. I was just in a comfortable position to buy at that time and I was building my credit and the bars were on sale and I love gold and.....you get the idea. I know that gold will go up in price especially when the global gold revaluation takes place.
Thank you, 2 is 1 for the video. I started silver in 2010, and gold in 2011. So, I made most of my mistakes in those two years. I did get an opportunity to unload some silver at 31% profit recently, so I sold a little (I'm in my 70s, so I expected to be selling some occasionally).
For the rest of the silver, I'm still a little upside down except for the constitutional and it appears I'm way up on it, except for some Washington Quarters. The gold I'm averaged around $1470.00 + or -, no collectibles. My gambling side has me holding off buying gold lately.
I like spending didn’t like saving, made many foolish choices financially this is one that helps me save and spend.. I like silver and gold.. however I like my boom sticks and freedom seeds as well. Just wish I had more 😂 keep up the great content muchacho.
I like the saving part of it I only have sliver but am saving for a gold maple 🍁
Good vid! I imagine 2is1 spending an inordinate amount of time with music selection. ;)
For my average in gold and silver, I have a lot of room to buy even at today prices. I am rather thinking that unless the Fed raises rates again, the bottom is in.
Congratulations on 16 years! 🤩 I’ll be getting back in the saddle with gold purchases this month… No job changes or car crashes or um… other purchases are gonna stand in my way this year 😉
Ha, good luck!
I really appreciate your 16 year summary in gold holding experience! I love to learn from others experience. You asked if we had anything to add to this, I think buying each countries most popular gold bullion coin is definitely the way to stack. ( The four 9's ones ) A persons stack should be at least 90% of their own countries coin, or the coin of the country they intend to migrate to.
You are definitely my favorite gold guy to watch. Can’t help but be a little envious seeing your stack.
Lots of time building it up. Cheers!
Valuable info. Thanks, bro.
🤜🤛
My very first 1oz Gold Eagles . . were $385.00 per oz . . I bought (5) at 1 time and folks called me stupid . . . I still have these 5 gold coins
For me gold yes and silver no. Only been stacking for more than 3 years and my DCA for gold is net positive including premiums. I am upside down with silver, but believe this will change in the future. PM’s are a hedge and not an investment. I reached my goal for silver so I am done making new purchases. I will continue to stack gold wisely.
🤜🤛
Silver is a losers game.. unless u want to hold it for 15+ years
Same with me. My $ cost avg for silver is $24. Gold has been my big winner
Collectible gold is good if you know you’ll have a buyer, otherwise it’s risky
i buy silver for the kids just to expose them; it 'technically' keeps pace with inflation but making up the premium takes years
💯 i always want to hear more from you perspective.
The 2023 Germania beech leaf gold coin went from $2300 to $3000 in the last four months. I put it off too long.
Certainly going to start saving for Gold, just need to figure out how much I'll be earning now. My paycheck has changed from apprentice to certified electrician. January was my last apprentice paycheck. I found your channel quite literally 3 days ago, have been binge watching all day every day since then and you've thoroughly convinced me of saving gold. Many thanks, keep up the great work, appreciate the videos, take care!
Congrats on the certification!
@@2is1goldMany thanks, 3,5 years to complete one part of my journey, this next chapter should prove to be very interesting indeed!
Congrats!! Very wise and I’m rooting for ya! Welcome to the club
@@enasdad Thank you thank you! Glad to be part of it. 😁
Well done on becoming a qualified sparky, ive only been stacking a year but its a great rush to see the stack grow every month and looking forward to the monthly delivery or heading to the lcs to pick out something you have worked hard and saved for, its like when your a kid and your given something you might not look after it as much as you should because someone else paid for it for you, but when you save up and get something for yourself you look after it and appreciate it more, thats how i look at my stacking journey 👍
Gold and silver is like Insurance. You hope you never need to use it, but you will be happy to have it.
🤜🤛
This is now my motto.😂
It’s like martial arts right? “May God help me if I ever have to use my art”
For me, it’s been the Best Savings Account I’ve Ever Had!
Love the GOLD!
Great Video 2is1 !
If you've been stacking for 16 years, you have beaten the stock market. And, you assets are in hand. It's worth it.
Nope. He would be far off. 16 years ago an oz of gold is around $680ish at the lowest point. Fast forward to 2023 ATH that's only roughly 207% gain. And that's assuming he bought every gold he had 16 years ago.
While SPY 16 years ago lowest point is $70ish and highest was $147 per share. Fast forward to now, its gained almost 600% assuming he bought all shares 16 years ago and that still doesn't include dividends. Gold is totally not comparable to stocks. Unless he bought Enron lol
Let's say even he bought a stupid stock like pltr from last year low to date his gain is already 262% in 13months. Starting from Jan 23.
It is to me. I would have absolutely no savings, if not for saving Gold and silver.
I remember $350 AU... early 90s I think. But I was never schooled on precious metals back then. The same thing can be said for savings. I was poor and thought gold was only a rich man's game. I was i had a time machine.
That is about the time I fiost got in . . . I bought (5) Amercian Gold Eagles . . . Smartest thing I ever did
I just like it. It's fun collecting and then at the same time saving. If the world ends then I enjoyed my life I'm grateful for being able to enjoy this lake and my dog. And getting to hold a few gold coins for awhile. If anything I wasted time not enjoying the little things. Enjoy every single minute it's only a limited time life.
Been stacking gold for 25years at 1200 dollars a month retired early .now I'm living off gold a bit at a time .my only advice is don't blow your brains out only buy when you have spare cash and start now because in 5 years time it will be higher .on average 9 per cent a year.and enjoy collecting and retire early 😊😊
Nice!
There are many paths that lead to financial success. For me, it was the stock market and a very nice 401k plan plus annual cash bonuses. Also retired at age 55 and did
not miss working for a living one bit. I did miss some of my former colleagues, though. Small company, good people who acted more like family than business associates.
Came to silver stacking and then gold stacking as a way to preserve some of my wealth from market crashes and inflation. Others whom I know did the same thing via
real estate investing or owning a business. Whatever way appeals to each of us is what they should pursue, if their goal is a secure financial future.
I just subscribed these videos are nice and informative even though I'm a silver Stacker
Is it worth it? Let me work it/
I put my thing down, flip it and reverse it...
I'll see myself out. Keep stacking!
🤘😅
🙌👍great content as always
Thanks!
Hoping for a pullback in pms. Stacking cash in meantime.
I always have a love for that 2009 Ultra Hi Relief Gold Coin . . . but I have to stick to my plan and stay with GML
Thank you for the video.
Thanks for watching!
Your story is unusual. Most people chase price. If it’s going up, people think it will keep going up and they buy. When it goes down, they worry it will keep going down and they sell.
Yeah. Gold should be different. If you go in knowing it’s a long term thing, it should calm the nerves. Cheers!
..i always appreciate your take on things. in the end of 23 i decided to begin trading cash that i always have kept on hand for gold. with a long term hold in mind and a plan, it just makes sense👍
I agree, I never thought anything would be more fun than buying guitars or food delivery but gold gives em a run for their money haha
😄
Gold has been worth it. Silver, eh?
I’ve been buying for 26 years. I remember buying a lot at less than $20 per oz, some $13 ASEs. Accumulated over 100 lbs.
I remember in my younger years asking a financial advisor on what a short term investment was. He said 20 years. Shocked, I jokingly asked what was a LONG term investment. He said it was 45 years at least. Gold... Is long term. It both excites and depresses me.
Hello, im looking for a capsule/tube for the 2022 lunar tiger, in the 1/4 oz...will your link for that size work for that coin?
I think taking the view that gold is a savings vehicle with a barrier to access is the wisest approach. The past years with tbills and other savings instruments paying practically zero, while the market roared with TINA on tap, who can say what the next 10-15 years will bring. I do expect a currency devaluation as in Plaza Accord 2.0, but who knows. IF this happens, gold will certainly be a good place to have stored some purchasing power. We'll also soon see what- if any- impact that Shanghai gold futures trading will have. I'm not sure if that has kicked off yet. Beware recency bias..
Metal heads are delusional. Inflation adjusted it's not keeping up, especially silver. The price suppression is very strong.
Last year gold was up 13%. Inflation was up 3.4%. It's keeping up plus 10%.
Honestly it has been worth it. It made me "save". if I had that sitting around I'm sure I would of made poor choices with my purchases or buy things that just depreciate. so all around I'm sure its sitting better in my hands and not being liquidated.
🤜🤛
Thank you for the perspective! Do you invest in general, I.e. in stocks, funds or ETF's? As far as I am aware, the S&P 500 and the total stock market has overall outperformed gold prices.
Excellent 👌 video
Amazing congratulations 🎉 16 years amazing 🤩
🤜🤛
What do you think about Rectangular Dragons? Are they worth the premium?
I remember 25 years ago when Gold was $450 and i thought it was a "risky" investment. People talking about the stock market make me laugh.
I know that it is not a popular opinion, but I believe that tenth ounce coins are the best value as the public will be able to afford them no matter how high gold goes; this means that you can recover 100% of your premium by selling to the public.
If you buy larger pieces, then you are mostly looking to sell to the dealers who will never give you full premium.
What will bring the future price of gold down? Ask yourself. Great video.
How much gold do you have in total value (usd)?
the ol' random indiscretions routine...know it well...
money is better spent on gold than at the gold club...
😄
Maybe you can suggest that the new floor or low for gold is right around $2,000 so any dip close to it or just below it should be a buying opportunity
Exciting news! Rose number [837] is my contribution to your garden. 🌹 I hope it blooms with the essence of your creativity. Can't wait to see our collaborative garden filled with unique flowers! 🌷😊
Great job with this. Now..... Let's work out some of those winning lottery numbers for the next few draws. 😂
Great quote.
Ha!
For me, gold is an asset Uncle Sam will never know I have. Stay under $9999.99 when selling
If you intend on depositing any of that cash, 3k gets you reported, if you dont already have a history of such deposits.
The only time you gain or lose is when you decide to sell. The only collectable gold I bought was a 1987 proof dcam U.S. Constitution commemerative.
For the youtube algorithm 😎✌️
🤜🤛
Gold will be here forever
Bad currency drives out good money...until the driver loses confidence, completely. A silver 25c is worth $6, or $35,000 for a really rare one.
I’ve dicked around with gold since the ‘80s. Overall, I’m probably up a bit (bought and sold, repeat) but would have done better in a straight bank savings account. However, savings accounts aren’t pretty.
Apparently banks in your area paid a lot more interest than banks in my area over the last 15 years. 😂
I only buy what I can and I’m keeping it for my hiers.. 🏴☠️
🤜🤛
Thanks
🤜🤛
Do you think Buffalos are any more or less liquid than Eagles?
They’re comparable.
My lesson: swap out Dave Ramsey's baby step 5 with buy an oz of Au on the 10% dips--slow and steady.
Gold is money paper is debt
In one of your videos, you said that you sold gold to buy Bitcoin in the previous crypto bull market. Are you going to do the same in this cycle?
Great video! Love your content 🫵
I sold silver (not gold). I’ll buy BTC at certain levels but not through a gold sale. Cheers!
Probably depends on how long you have been buying and what your plan is with it some people buy and later resell for a profit some buy and hold on to it for as long as possible and others buy just to buy
The Saudis have officially joined BRICS.. the dollar is toast
The dollar will be fine.
@afridgetoofar1818 Yeah... that's why they are spending a Trillion a month... because, it's just fine. 😂😂😂😂😂
@@TuffEnuffIII If the economy crashes, your gold won’t save you.
In fact, the last time we had a Great Depression your gold was confiscated
@@afridgetoofar1818Gold has never been confiscated in the USA. People may have voluntarily turned it in under FDR's EO, but none was confiscated.
@@bo_dink lol No, son, it was not voluntary. Do yourself a favor and study up on Executive Order 6102. That wasn’t repealed until 1974. So, between 1933 and 1974 it was illegal for Americans to own gold besides jewelry.
Again, history says that your gold won’t save you in the event of a crisis.
It’s been a while since l’ve gotten back to your thoughts & comments on gold, so 4 a quick ? what do you feel it will do in the next 16 yrs?
Is there somewhere i can find a fear/greed index for gold and silver?
I don’t even have to watch the video to say yeah it was worth it if you’ve been stacking for 16 years. Congrats!
Beverly Hills Cop vibes at the beginning 🎶
16 years, your a veteran in this game
God created Gold
Here’s to carrying a cat in that fashion just once…
Best wishes to all
You should be buying it as a savings and it's a hedge against inflation. But the end game you should know that over time the government will collapse cuz they are spending like drunken sailors. If you can't pay the debts there's going to be a re-evaluation of gold to all the debts what's in the end game means that gold should be probably valued at about 89000 an ounce
Definitely worth it 👍
🤜🤛
Buying gold would have definitely been more satisfying.
It's still money and investment
What you gonna do when SHTF, trade your gold bar for a loaf of bread?