I really don't know why people make such an issue about the weight and storage problems with silver? Yes, obviously thousands of ounces of silver are very heavy, but at the end of the day it is still easily moved from place to place as long as you split it up into small boxes! Unless you are investing hundreds of thousands of £££ in the stuff, I really don't see a problem! I now have almost 1500oz which is approx £23,000 of silver, and I could probably squeeze all of that into just 3 shoe boxes if I had to! Each box would contain 500 coins and weigh just 16kg!! Why would that be such a problem to move or store? For me personally I don't see a problem moving 3 shoe boxes if I ever move house or have to stash it somewhere! And also, the fact that I can get 80oz of silver for just 1oz of gold right now is the very reason why I will NOT buy gold!! Silver is an absolute no brainer for me! But yes, for the millionaire looking to invest a fortune in metals obviously gold would be the better option.
So the weight is not the end of the world, it is just a bit more of a hassle than gold. I would prefer to have the volume of weight in gold rather than silver. Personal choice. Ultimately selling a whole bunch of silver quickly to a bullion dealer you are going to lose out more here in the UK than you would for gold. Because of the 20% premium that dealers have to charge when they sell it (VAT) they take that out when they buy it off you. You would be lucky to get 80% value for taking silver to a bullion dealer, with gold they happily give 98% spot as standard. Appreciate you stopping by and commenting!
TRY IT TAKES LOTS OF ROOM. MOST SAFES HAVE A VERY SMALL CUBE INSIDE, GOLD TAKES 10X LESS SPACE. IF YOU HAVE THE SECURITY SPACE. NO PROBLEM. BUT IF YOUR LIMITED SECURE SPACE IS A MAJOR CONCERN! BEEN THERE. DONE THAT.
Liber8, you make it sound like silver is a religion to you. First I don't know why people always parrot that gold/silver ratio bullshit... Today the ratio is officially 78. When I divide the price of a gold eagle by the price of a silver eagle where I live in Europe the real ratio is 65 ! Secondly BackyardBullion gave you a good answer regarding premium and taxes. US is only 320 million people ; the world is over 7 billion where different laws apply. I moved out recently and yes I was embarrassed by 2,500 ounces of silver. For me it would have been easier to move and hide 38 gold coins !
it's not a problem. people on the other hand these days have two main problems, one is people think 16Kg is heavy haha! & number two people don't have big enough safes. in the old days a small safe was twice the size of what people would call normal today.
@manuel hernandez Could you not put 50% of your stack in a safe deposit box ??? i mean do you really need 200 oz immediately, i mean i can easily think of a dozen places to hide 25 oz of PM's (see my comment above). . .
What is most important is not the weight but the ratio of silver to gold. In April 2011 the ratio was 30.4 (lowest in more than 12 years) so 30.4 ounces of silver was worth the same as one ounce of gold. Today the ratio is 77.2 so 77.2 ounces of silver is worth the same as one ounce of gold. In the last 12 years the highest ratio of silver to gold was 89.1. Looking at these ratios it is obvious that silver is undervalued as compared to gold and is a better value for the money.
To piggyback off of this, historically governments on the gold standard had pegged the silver:gold ratio to be about 15:1. Going off of that silver should be around $80/ozt. If there's ever a market correction gold is going to plummet or silver is going to skyrocket. I don't personally see gold dropping to $200/ozt, though. Although who knows, markets can be volatile.
Not to mention that the gold/silver ratio as it comes out of the mines is 1/9(that is; one troy ounce of gold is mined for every 9 oz. troy of silver). And also that the mines currently in operation have reached peak production a couple years ago, and from here on out its all downhill, barring some huge silver vein discovered somewhere real cheap and easy to mine. Not bloody likely. So, a metal that cannot be replaced, absolutely necessary for cell phones, tablets, PCs, solar panels, medicine, and many more uses, that is in mining decline and sells now for less than half(in gold terms) of what it used to. It does not take a rocket scientist to realize that: with increasing industrial use that MUST have it or cease operations, declining supply, AND declining prices, which is the better value. The silver price simply must explode upwards. Less supply and greater demand make it a mathematical certainty. Unless the world decides it no longer wants computers, cell phones, or HD screens. Even LESS likely.
Thanks for your input! I’m a new stacker, and I found your information helpful. I will definitely be adding more gold to my collection....btw that peso coin was quite a beauty
To me silver is the metal of spoons and tea pots, gold is the metal of jewelry and high end fine watches, so that pretty much sums it all up I got sold into silver stacking and bought a few tubes but didn’t feel the buzz, so luckily I moved on to gold pretty early, now I own at least 10x more gold than silver and can’t get enough of it
@주님의은과총. Silver ratio no longer hold true today..we are no longer on a gold standard.silver is more an industrial metal and with approximately 52 plus billion ounces of silver ...so expect when it all corrects it will be around 60 to 1...gold is money and a tier 1 asset..I would most Definately favour gold over silver!!!!
I think you're on the right path my friend! You couldn't have picked a better time to start seriously buying into gold. Thanks for your thoughts! Cheers my friend!!
The only thing I have to say about silver is that its just not as widely accepted as gold. In the USA you can go just about anywhere and see a sign that says "We Buy Gold"", I have never seen a sign that says "we buy silver". Just my two cents. Thanks for the video
I started out more interested in gold; that's why I'm such a fan of every size, especially fracs. It is far more valuable than silver and I don't need a massive amount of space to store it. I'm not prejudice against silver. I have more ounces of silver & copper than gold but when it's a choice I choose fractional gold.
Excellent video. I plan on acquiring as much of both as I can. Although PM's are only around 5% of my portfolio, I believe in diversification - even within PM's. Some bullion, some numismatic, some silver, some gold. No matter what it is a great way to store wealth. Scott
Me to ! top stuff ! I stack and collect silver but love gold more as a jeweler of 30yrs I love metal and working with it and holding whats mine in hand! Making stuff and art!
Personally I started with silver to save for my future wellbeing, and my childrens. It has turned somewhat into a numismatic collection, but the mindset still stays the same. To store wealth. Your videos among others have given me inspiration, especially in my area where coin collecting just isnt a thing. Moving forward with my stack, I will most definitely turn to gold. Thank you for some great videos.
Another great video debate. Personally I collect not stack. For me Silver is all about the beauty of the metal, the collection of designs and ability to be creative. I'm no financial adviser but I don't think it's a given retirement investment. I strongly believe it's hugely under valued though and a correction needs to happen at some stage in the future. Gold has been the basis of major trade and wealth for thousands of years and simply always will be. Regardless of your country's fake currency, gold will always be universal true capital. Right now I'm enjoying the great silver hobby. Do what you feel is right to protect your future but don't hurt your here and now.
Hi BYB, Beautiful Mex coin and I agree with having a mix and diversity because God only knows what's what in 30 years. With that in mind, if you had to or wanted to sell some now, where do you think the best place would be for you. I've bought gold and silver, it was easy. But, I've never sold any. Also, do you know if selling the 50 pesos or even some gold American Eagles for at least spot would be very easy in the UK? I plan on getting some 50 peso coins but even in the US I wonder if I could sell for a decent price.
+Andy Mackay pretty sure it will be very easy to sell that kind of stuff to a bullion dealer in the UK they just take the gold content of the coins. You have to make sure that the coin is basically just for cheap bullion coin because often they might not give you the best premiums for a slightly all collectable type coin
Im a new stacker, but in the back of my head i feel like if things get tough and go bad with the economy to were we are having to use gold and silver... I think they may try to take it from us first.. or take away our right to use it in order to confiscate it. any thoughts?
I collect silver only. I put 50-60 from each paycheck towards silver. If I put that much towards gold it would take me a year to buy 1 ounce. No thanks the market is so low right now for silver that it would be stupid to save all year for 1 coin.
+yazzw but it's going to be completely dependent on every single person situation someone earning a million pounds a year 1 sovereign a month is not very much to
When the fancy toilet paper crashes all over the world it won't matter what you have the people will see you doing well and come for you. My suggestion would be to stock up on other metals first if you get my drift. I personally like silver, and i believe that it will shoot up quickly when the fancy toilet paper falls. I also think it will be easier to make deals with silver than 1oz gold coins. This is just my opinion and each person has to do what they think is right for their needs. I also think that there's nothing wrong with having a few 1/10 to 1/2 oz gold what ever around if you can afford it.
with the premium that you paid for those , I think you will have to wait until the price goes up quit a bit before you get your money out of them .... I prefer to buy the bullion rounds right off the bat !!! that way I don't have to worry about it and can even melt them if I want ... what do you think ???
+High Five well I think it is fine because I can melt these rounds and sell them for more than I paid, so I don't think I have to worry about the silver price too much right now. Fortunately I bought these coins when spot was at £10.00 per Oz so they are already worth more than when I paid for them!
Gold is beautiful and the closer to spot the better. Will you be trying to get the 1 oz or fractionals? I've tossed over the idea of which one to do. I know that you get a better deal on the 1 oz but then will it be harder to sell later? Fractionals - you pay a premium up front but then they are more apt to be affordable to more people. What are your thoughts?
Yeah, it is nice to know that I can just walk into Hatton Garden metals and get 98% spot for it. Taking some time to sell it privately will get a little more.
I sincerely hope that pension comes along but IF TSHF gold is dangerous and very hard to move easily. Pension wise I think you are as you would say, , ,spot on bud.
Bottom line is that I can melt these cheap bullion coins and sell on for a small profit. I can then reinvest the money into gold. If I didn't have this option then it would be me losing out on both ends for sure. I am very happy with my situation so it is all good!
For your pension will you invest in proof gold coins such as Britannia's or Sovereign's and did you manage to get the 2017 Piedfort gold proof sovereign as that coin will go up and up in the future.
I am investing in proof coins as a medium term flipper to fund more bullion gold purchases for the future. I decided agains the piedfort sovereign (god knows why!) but I did get 3 of the 1817 anniversary sovereigns.
Backyard Bullion Just wondered what your thoughts are on this coin at the WESTMINISTER The Spirit of St Louis Silver Proof Coin this year La Monnaie de Paris or 'the French Mint' have issued this silver coin to mark the 90th anniversary.
What I have learned about collecting; I don't care if it silver, Hot Wheels toy cars, baseball cards, old Playboy magazines, etc..... It doesn't matter what a 'book' says your item is worth. At the end of the day, it is ONLY worth what someone is willing to pay for it.
money not a problem..............just dont want to spend it all at once.............better to buy fractional gold then??.......just new to this stacking
Love that 50 peso coin that's one beautiful coin ..More countries should do the edge lettering specially America looks so much nicer ..In the silver it's really cheap so has nowhere to go up and if you have a lot you're gonna be a rich Rich person ,Now gold it could have the Tendency to go down its Why you diversify ....My friend
The 20 peso gold coin is rather pretty also. There are also 10 pesos, 5, 2.5(this one is labeled: Dos Medio) and 2. The two pesos are so pretty(and small) that they have almost double their gold melt value, due to most of them being made into jewelry. The others are just worth melt value, so quite cheap, relatively.
We know an ounce of Gold is worth more than an ounce of Silver, but my opinion Silver is the better Investment. Check out my only video I've done on UA-cam, it's not the best video visually, I did it with my phone but the content is pretty good, it's explains why Silver is the better investment in my opinion. By the way the Gold Libertad looks great, hope I spelled that right Keep stacking, peace out.
+Brooklyn Silver it will vary from person to person depending on their circumstances and it for me gold is the way forward but for you silver is the way forward that's the way it is
i don't buy generic silver coins..As for not much more you can get kooks koalas elephants etc .gold is my generics guess being in uk and eu makes gold better a buy for many scenarios than silver and i know in a shtf situation i gonna grab the gold. .rather than silver. at least right now...i invest in silver and store wealth in gold i only have about 1.25 ozs of gold and probably 200 /250 ozs of semi numismatics silver and i tend to do an audit every 3 months obviously some coins worth more than spot so true worth i dunno. maybe something i should workout but i like the surprise after 3 months seeing what i added but my budget so far tbis year been reduced so not bought much gold mainly silver which i will flip as soon as it's made a return of 20% then i buy more current coins put profit into gold or more coins to flip shoet term.. having multiple plays within the stacks good but some i do think i cannot afford to do right now as my stack needs to work for it's self as well constantly bringing a % return year after year...but thats not for everyone selling is not easy buying is...thats for sure...one day the silver gold ratio will be closer to 9 / 10 to 1...but maybe not for along time maybe next weeek...all you can do is what you think works best for you not what others do alot of people have a view that there's only one way to stack but maybe that way works for them but any other way or metal is wrong. no way is wrong as long as you do it with knowledge and learn from mistakes and location plays a big part. always enjoy these sort of topics and when it comes down to it there no easy answers so many variables when comes to stacking
+rox dude appreciate the input there rock Steve lots of really great things you're saying makes sense for you completely I still have to completely work out my strategy going forward but at least I feel comfortable saving like this for my pension in the gold
Backyard Bullion I'm always working on my strategies and truth is theory is alot different to reality and only when put into practice do you know if it works or needs tweaking for your goals usually by trial and error. plus the old saying horses for courses rings true sometimes is the simple things we overlook and certain things are just better than others for certain scenarios.
I really don't know why people make such an issue about the weight and storage problems with silver?
Yes, obviously thousands of ounces of silver are very heavy, but at the end of the day it is still easily moved from place to place as long as you split it up into small boxes!
Unless you are investing hundreds of thousands of £££ in the stuff, I really don't see a problem!
I now have almost 1500oz which is approx £23,000 of silver, and I could probably squeeze all of that into just 3 shoe boxes if I had to! Each box would contain 500 coins and weigh just 16kg!! Why would that be such a problem to move or store?
For me personally I don't see a problem moving 3 shoe boxes if I ever move house or have to stash it somewhere!
And also, the fact that I can get 80oz of silver for just 1oz of gold right now is the very reason why I will NOT buy gold!! Silver is an absolute no brainer for me!
But yes, for the millionaire looking to invest a fortune in metals obviously gold would be the better option.
So the weight is not the end of the world, it is just a bit more of a hassle than gold. I would prefer to have the volume of weight in gold rather than silver. Personal choice. Ultimately selling a whole bunch of silver quickly to a bullion dealer you are going to lose out more here in the UK than you would for gold. Because of the 20% premium that dealers have to charge when they sell it (VAT) they take that out when they buy it off you. You would be lucky to get 80% value for taking silver to a bullion dealer, with gold they happily give 98% spot as standard.
Appreciate you stopping by and commenting!
TRY IT TAKES LOTS OF ROOM. MOST SAFES HAVE A VERY SMALL CUBE INSIDE, GOLD TAKES 10X LESS SPACE. IF YOU HAVE THE SECURITY SPACE. NO PROBLEM. BUT IF YOUR LIMITED SECURE SPACE IS A MAJOR CONCERN! BEEN THERE. DONE THAT.
Liber8, you make it sound like silver is a religion to you.
First I don't know why people always parrot that gold/silver ratio bullshit... Today the ratio is officially 78. When I divide the price of a gold eagle by the price of a silver eagle where I live in Europe the real ratio is 65 !
Secondly BackyardBullion gave you a good answer regarding premium and taxes. US is only 320 million people ; the world is over 7 billion where different laws apply.
I moved out recently and yes I was embarrassed by 2,500 ounces of silver. For me it would have been easier to move and hide 38 gold coins !
it's not a problem. people on the other hand these days have two main problems, one is people think 16Kg is heavy haha! & number two people don't have big enough safes. in the old days a small safe was twice the size of what people would call normal today.
@manuel hernandez Could you not put 50% of your stack in a safe deposit box ??? i mean do you really need 200 oz immediately, i mean i can easily think of a dozen places to hide 25 oz of PM's (see my comment above). . .
What is most important is not the weight but the ratio of silver to gold. In April 2011 the ratio was 30.4 (lowest in more than 12 years) so 30.4 ounces of silver was worth the same as one ounce of gold. Today the ratio is 77.2 so 77.2 ounces of silver is worth the same as one ounce of gold. In the last 12 years the highest ratio of silver to gold was 89.1. Looking at these ratios it is obvious that silver is undervalued as compared to gold and is a better value for the money.
Thanks for the insight!
To piggyback off of this, historically governments on the gold standard had pegged the silver:gold ratio to be about 15:1.
Going off of that silver should be around $80/ozt.
If there's ever a market correction gold is going to plummet or silver is going to skyrocket. I don't personally see gold dropping to $200/ozt, though. Although who knows, markets can be volatile.
Not to mention that the gold/silver ratio as it comes out of the mines is 1/9(that is; one troy ounce of gold is mined for every 9 oz. troy of silver). And also that the mines currently in operation have reached peak production a couple years ago, and from here on out its all downhill, barring some huge silver vein discovered somewhere real cheap and easy to mine. Not bloody likely.
So, a metal that cannot be replaced, absolutely necessary for cell phones, tablets, PCs, solar panels, medicine, and many more uses, that is in mining decline and sells now for less than half(in gold terms) of what it used to.
It does not take a rocket scientist to realize that: with increasing industrial use that MUST have it or cease operations, declining supply, AND declining prices, which is the better value. The silver price simply must explode upwards. Less supply and greater demand make it a mathematical certainty.
Unless the world decides it no longer wants computers, cell phones, or HD screens. Even LESS likely.
Mexican gold coinage is so beautiful!
It really is, very pretty indeed!
I love both gold and silver almost equally. Try to get half your PM money in silver and half in gold. That's my opinion at least
+Serenity Of Light thanks very much for the comment and opinion that's a good idea for me I think I'll have a little bit more overall
Thanks for your input! I’m a new stacker, and I found your information helpful. I will definitely be adding more gold to my collection....btw that peso coin was quite a beauty
My pleasure, thanks for stopping by! The 50 pesos is awesome!
To me silver is the metal of spoons and tea pots, gold is the metal of jewelry and high end fine watches, so that pretty much sums it all up
I got sold into silver stacking and bought a few tubes but didn’t feel the buzz, so luckily I moved on to gold pretty early, now I own at least 10x more gold than silver and can’t get enough of it
Interesting way to look at it - thanks for sharing!
@주님의은과총. Silver ratio no longer hold true today..we are no longer on a gold standard.silver is more an industrial metal and with approximately 52 plus billion ounces of silver ...so expect when it all corrects it will be around 60 to 1...gold is money and a tier 1 asset..I would most Definately favour gold over silver!!!!
I think you're on the right path my friend! You couldn't have picked a better time to start seriously buying into gold. Thanks for your thoughts! Cheers my friend!!
Thanks Silver Beach. Yeah it is nice to see gold prices this low for a change!
The only thing I have to say about silver is that its just not as widely accepted as gold. In the USA you can go just about anywhere and see a sign that says "We Buy Gold"", I have never seen a sign that says "we buy silver". Just my two cents. Thanks for the video
Gold is much more liquid than silver - no doubt about that and that is why gold is best for me.
The fifty peso coin looks great! Now I want one.
+SilverStrike yeah it is amazing!
I want 10.
I started out more interested in gold; that's why I'm such a fan of every size, especially fracs. It is far more valuable than silver and I don't need a massive amount of space to store it. I'm not prejudice against silver. I have more ounces of silver & copper than gold but when it's a choice I choose fractional gold.
Excellent video. I plan on acquiring as much of both as I can. Although PM's are only around 5% of my portfolio, I believe in diversification - even within PM's. Some bullion, some numismatic, some silver, some gold. No matter what it is a great way to store wealth.
Scott
Great to hear, thanks for stopping by!
1st world problems: "What am I gonna do with all this damn silver?" :)
Me to ! top stuff ! I stack and collect silver but love gold more as a jeweler of 30yrs I love metal and working with it and holding whats mine in hand! Making stuff and art!
That Mexican coin is HUGE!!! I share similar views on gold for its portability and denser store of wealth. Thanks for sharing. Cheers!
Yeah is is pretty sizeable coin for sure! Love it! Portability of gold is very important for sure. Appreciate you stopping by and commenting!
Personally I started with silver to save for my future wellbeing, and my childrens. It has turned somewhat into a numismatic collection, but the mindset still stays the same. To store wealth. Your videos among others have given me inspiration, especially in my area where coin collecting just isnt a thing. Moving forward with my stack, I will most definitely turn to gold. Thank you for some great videos.
Glad to have been of help my friend! Thanks for stopping by!
gold and silver re valued itself for me the best time to buy silver is in its low costs and even in gold too
80 to 1 ratio.....cant beat it...i can't resist it plus the beauty of it
It would be helpful if you opened each video with the current gold and silver spot prices.
Good idea!
Another great video debate. Personally I collect not stack. For me Silver is all about the beauty of the metal, the collection of designs and ability to be creative. I'm no financial adviser but I don't think it's a given retirement investment. I strongly believe it's hugely under valued though and a correction needs to happen at some stage in the future. Gold has been the basis of major trade and wealth for thousands of years and simply always will be. Regardless of your country's fake currency, gold will always be universal true capital. Right now I'm enjoying the great silver hobby. Do what you feel is right to protect your future but don't hurt your here and now.
Just to put your mind at ease this is a VERY small part of my pension plans. Many other fingers in many other pies. Really important to diversify.
I have shifted in that direction too. Some very nice pieces there.
+SalivateMetal thanks sal!
Hi BYB,
Beautiful Mex coin and I agree with having a mix and diversity because God only knows what's what in 30 years. With that in mind, if you had to or wanted to sell some now, where do you think the best place would be for you. I've bought gold and silver, it was easy. But, I've never sold any. Also, do you know if selling the 50 pesos or even some gold American Eagles for at least spot would be very easy in the UK? I plan on getting some 50 peso coins but even in the US I wonder if I could sell for a decent price.
+Andy Mackay pretty sure it will be very easy to sell that kind of stuff to a bullion dealer in the UK they just take the gold content of the coins. You have to make sure that the coin is basically just for cheap bullion coin because often they might not give you the best premiums for a slightly all collectable type coin
what about those cool as fook star wars coins? the yoda coin is just awesome, please think about getting one for a review?
Im a new stacker, but in the back of my head i feel like if things get tough and go bad with the economy to were we are having to use gold and silver... I think they may try to take it from us first.. or take away our right to use it in order to confiscate it. any thoughts?
How old are you dude?
Great video mate!
+JCRJM Production thanks my friend!
I collect silver only. I put 50-60 from each paycheck towards silver. If I put that much towards gold it would take me a year to buy 1 ounce. No thanks the market is so low right now for silver that it would be stupid to save all year for 1 coin.
I'm no expert and new to this but i think you could buy a sovereign every month or more
+yazzw but it's going to be completely dependent on every single person situation someone earning a million pounds a year 1 sovereign a month is not very much to
true..........save within your means..........more money not mean a happy person...........know what i mean
When the fancy toilet paper crashes all over the world it won't matter what you have the people will see you doing well and come for you. My suggestion would be to stock up on other metals first if you get my drift. I personally like silver, and i believe that it will shoot up quickly when the fancy toilet paper falls. I also think it will be easier to make deals with silver than 1oz gold coins. This is just my opinion and each person has to do what they think is right for their needs. I also think that there's nothing wrong with having a few 1/10 to 1/2 oz gold what ever around if you can afford it.
I like gold, silver, stocks, bitcoin and dollars. I am stacking all of them. Sell my stocks every once in a while, but never my gold or silver.
Seems like you have all the bases covered there my friend! Stack on!
with the premium that you paid for those , I think you will have to wait until the price goes up quit a bit before you get your money out of them .... I prefer to buy the bullion rounds right off the bat !!! that way I don't have to worry about it and can even melt them if I want ... what do you think ???
+High Five well I think it is fine because I can melt these rounds and sell them for more than I paid, so I don't think I have to worry about the silver price too much right now. Fortunately I bought these coins when spot was at £10.00 per Oz so they are already worth more than when I paid for them!
great !!!! then you are already ahead of the game my friend !!!!!!
Do you plan to ever give it to your family?
Quite possibly yes :-)
Gold is beautiful and the closer to spot the better. Will you be trying to get the 1 oz or fractionals? I've tossed over the idea of which one to do. I know that you get a better deal on the 1 oz but then will it be harder to sell later? Fractionals - you pay a premium up front but then they are more apt to be affordable to more people. What are your thoughts?
Yeah, it is nice to know that I can just walk into Hatton Garden metals and get 98% spot for it. Taking some time to sell it privately will get a little more.
Thanks CC. When you say "dealer" are you referring to the big companies like Apmex or Local dealers?
Is that a local store near you? 98% of spot sounds pretty good. What is the usual percentage you can get at a local shop?
I sincerely hope that pension comes along but IF TSHF gold is dangerous and very hard to move easily. Pension wise I think you are as you would say, , ,spot on bud.
appreciate the comment tomoko. I don't really stack for a TSHF situation so fingers crossed!
The same here bud. I am on a decent pension so I never really think about it all that much.
if money not plentiful buy silver then when you get enough sillver sell and buy gold, saves taking up a lot of space
Bottom line is that I can melt these cheap bullion coins and sell on for a small profit. I can then reinvest the money into gold. If I didn't have this option then it would be me losing out on both ends for sure. I am very happy with my situation so it is all good!
what about just buying sovereigns?
Yeah totally worth doing. Better for the smaller denominations as they are very easy too sell at the other end.
For your pension will you invest in proof gold coins such as Britannia's or Sovereign's and did you manage to get the 2017 Piedfort gold proof sovereign as that coin will go up and up in the future.
I am investing in proof coins as a medium term flipper to fund more bullion gold purchases for the future. I decided agains the piedfort sovereign (god knows why!) but I did get 3 of the 1817 anniversary sovereigns.
Backyard Bullion Ok that's good should do well.
Backyard Bullion Just wondered what your thoughts are on this coin at the WESTMINISTER The Spirit of St Louis Silver Proof Coin this year La Monnaie de Paris or 'the French Mint' have issued this silver coin to mark the 90th anniversary.
Good video. I am the same. My main focus is good for a similar reason.
Great to hear, Thanks for stopping by and commenting!
What I have learned about collecting; I don't care if it silver, Hot Wheels toy cars, baseball cards, old Playboy magazines, etc..... It doesn't matter what a 'book' says your item is worth. At the end of the day, it is ONLY worth what someone is willing to pay for it.
money not a problem..............just dont want to spend it all at once.............better to buy fractional gold then??.......just new to this stacking
Having a mix is good. If you can have a diverse size variation I cannot see that as a bad thing.
Love that 50 peso coin that's one beautiful coin ..More countries should do the edge lettering specially America looks so much nicer ..In the silver it's really cheap so has nowhere to go up and if you have a lot you're gonna be a rich Rich person ,Now gold it could have the Tendency to go down its Why you diversify ....My friend
+Billy Gagne it is one of my all time favourites for sure. Love it!
The 20 peso gold coin is rather pretty also. There are also 10 pesos, 5, 2.5(this one is labeled: Dos Medio) and 2.
The two pesos are so pretty(and small) that they have almost double their gold melt value, due to most of them being made into jewelry. The others are just worth melt value, so quite cheap, relatively.
Good choice
thanks!
We know an ounce of Gold is worth more than an ounce of Silver, but my opinion Silver is the better Investment. Check out my only video I've done on UA-cam, it's not the best video visually, I did it with my phone but the content is pretty good, it's explains why Silver is the better investment in my opinion. By the way the Gold Libertad looks great, hope I spelled that right Keep stacking, peace out.
+Brooklyn Silver it will vary from person to person depending on their circumstances and it for me gold is the way forward but for you silver is the way forward that's the way it is
good info
+silver agent thanks!
I am silver guy all day....i back up the truck every month on it
i don't buy generic silver coins..As for not much more you can get kooks koalas elephants etc .gold is my generics guess being in uk and eu makes gold better a buy for many scenarios than silver and i know in a shtf situation i gonna grab the gold. .rather than silver. at least right now...i invest in silver and store wealth in gold i only have about 1.25 ozs of gold and probably 200 /250 ozs of semi numismatics silver and i tend to do an audit every 3 months obviously some coins worth more than spot so true worth i dunno. maybe something i should workout but i like the surprise after 3 months seeing what i added but my budget so far tbis year been reduced so not bought much gold mainly silver which i will flip as soon as it's made a return of 20% then i buy more current coins put profit into gold or more coins to flip shoet term.. having multiple plays within the stacks good but some i do think i cannot afford to do right now as my stack needs to work for it's self as well constantly bringing a % return year after year...but thats not for everyone selling is not easy buying is...thats for sure...one day the silver gold ratio will be closer to 9 / 10 to 1...but maybe not for along time maybe next weeek...all you can do is what you think works best for you not what others do alot of people have a view that there's only one way to stack but maybe that way works for them but any other way or metal is wrong. no way is wrong as long as you do it with knowledge and learn from mistakes and location plays a big part. always enjoy these sort of topics and when it comes down to it there no easy answers so many variables when comes to stacking
+rox dude appreciate the input there rock Steve lots of really great things you're saying makes sense for you completely I still have to completely work out my strategy going forward but at least I feel comfortable saving like this for my pension in the gold
Backyard Bullion I'm always working on my strategies and truth is theory is alot different to reality and only when put into practice do you know if it works or needs tweaking for your goals usually by trial and error. plus the old saying horses for courses rings true sometimes is the simple things we overlook and certain things are just better than others for certain scenarios.
It's one reason I have a few diamonds too as then are a good item to have
+NeoStuff yes if you want to stack vs wait I get a diamond is pretty much the most efficient way of doing it
i rather silver and i love silver
sorry to be rude its my opinion i like silver and hate gold because gold looks like pee
You arent being rude at all! Thanks for sharing your opinion!
YES HE WILL BE MOVING OUT OF HIS $300 WORTH OF SILVER AND INTO HOSTESS TWINKIES
Sorry...I don't follow
VERY NICE VIDEO.....!!
Thanks!