First here on the comments means I'm first for first giveaway 😅🙌 great start to your journey and like silver dave says from the local silver mint channel 🇺🇸 stackkkk itttt uppppp 📈 I'm on 137 ounces of silver and a few numismatic collections 👍
Awesome stack. Regarding the gold bars please dont let me dishearten you but to get spot back on then would be incredible. The 1oz coins tend to go under spot when selling to dealers, on the second hand marker facebook,ebay,forum spot +1% if that. Its a long term play so good on you
If you are getting any premium at all that is good right now. I live in Texas and most dealers and whole sale guys are barely paying below spot because they have so much inventory. My experience with large gold bars is that the online dealers always charge a pretty high premium for whatever reason even though you are buying a large chunk. When I have sold in the past after the price has gone up obviously, I haven’t gotten any premium on the sale.
Damn that VAT tax is a bitch. I don’t live in the UK but I feel for you guys for having to pay that. I’m a 1/4 oz gold guy. To me it’s the perfect size to stack with premiums getting so high. I want to have something that is extremely liquid.
I may have misunderstood but I thought you were going to say where the money you spent came from. If you did, well then I missed it, but like you I find it interesting to know. Regardless of how or where the money came from, it is a very impressive stack, even more so considering the short time you have been at it. Cheers!
Beautiful stack small liquid increments of gold full sovereigns 1/4 oz Britannia coins see you have some 1g pump bars which are popular and very liquid as much as I love those gold bars if in the event you need cash asap not many people can afford a bar of gold worth 19k only dealers which won’t give you a great price maybe 3-4% under spot.
You don't do things by halves mate 👍 please get that in a bank vault ASAP. What a crazy stack, I'm way way behind you but I'm in for the long haul aswell. Ohhh and please take them gloves off 😁
I guess it's easy to stack if your already a millionaire! Be interesting to see how you keep going. The big issue with silver as we are paying 30% over spot including VAT at the 1oz level or 15% over spot at the 1kg level which means we are getting totally ripped off compared to say Americans who pay 5% over spot at the 1 oz level and less at bigger stuff. Yet if you need to sell it in a hurry a dealer is going to only give you spot price if your lucky so your basically always gonna lose 15 to 30% on your silver. The assumption that people are willing to pay you big premiums and cover the VAT over spot to buy your second hand stuff is....totally misguided. Count on getting spot price. Gold is much better in that regard your only paying 4% over spot on 1oz coins and even less on those big boy bars.
No way will you get a 20% premium on silver in the UK. The Britannias maybe 3% the rest I would never pay over spot. I gram gold bars ? no thanks, the premium is rediculous. The Gold Britannias are beautiful. All KC examples are too new to have historic value so the year doesn't matter. I buy gold not to make a profit but to avoid becoming poor. looks like your thinking is similar to mine.
Hey Stackers. I am trying to get to 1000 subscribers, so if you like gold & silver content id really appreciate a sub. Thank you 🙂
First here on the comments means I'm first for first giveaway 😅🙌 great start to your journey and like silver dave says from the local silver mint channel 🇺🇸 stackkkk itttt uppppp 📈 I'm on 137 ounces of silver and a few numismatic collections 👍
Solid vid, babe!
That’s dam impressive, especially for such a short time stacking. Fair play to you.
Impressive start to your stack, I stay with gold sovereigns thanks for sharing 👍
VERY nice stack! I'm saving for retirement in PMs as well. There is a real thrill that one derives watching their stack grow over time.
Awesome stack.
Regarding the gold bars please dont let me dishearten you but to get spot back on then would be incredible.
The 1oz coins tend to go under spot when selling to dealers, on the second hand marker facebook,ebay,forum spot +1% if that.
Its a long term play so good on you
Subscribed. Very nice. Nice variation of silver and gold. The 250g bars are beautiful. Value of all will increase dramatically in the future.
More!!!
Great video and that is some stack! Looking forward to more videos 👍🏻
If you are getting any premium at all that is good right now.
I live in Texas and most dealers and whole sale guys are barely paying below spot because they have so much inventory.
My experience with large gold bars is that the online dealers always charge a pretty high premium for whatever reason even though you are buying a large chunk.
When I have sold in the past after the price has gone up obviously, I haven’t gotten any premium on the sale.
Damn that VAT tax is a bitch. I don’t live in the UK but I feel for you guys for having to pay that. I’m a 1/4 oz gold guy. To me it’s the perfect size to stack with premiums getting so high. I want to have something that is extremely liquid.
Great start bro
For a "Bank of Me", your interest rates are fantastic! Well done 👍👍
Nice stack I started last year only 30 ounces of silver at the moment I’m 49 and gonna buy precious metals for next 15 years then sell sell sell
Them gold Britannias are gorgeous i personally can’t afford gold so il stick to silver for now fantastic video ⚓️😁🧲👍
Thanks appreciate it. The best stacking metal is the one you can afford. 👍
I said the same to a poor friend of mine that stack tin. I lied. Gold is for stacking, silver or tin is a joke
I may have misunderstood but I thought you were going to say where the money you spent came from. If you did, well then I missed it, but like you I find it interesting to know. Regardless of how or where the money came from, it is a very impressive stack, even more so considering the short time you have been at it. Cheers!
Thats such a good start to stacking 🔥🔥🔥
💯
Keep stacking bro 💪🇺🇲
Sub’d! Bro! 😎 👍I look forward to future videos & thanks for the inspiration to start staking again and reminding me to take it more seriously
Most impressive, indeed.
Cheers ☕️
Well done!!
Beautiful stack small liquid increments of gold full sovereigns 1/4 oz Britannia coins see you have some 1g pump bars which are popular and very liquid as much as I love those gold bars if in the event you need cash asap not many people can afford a bar of gold worth 19k only dealers which won’t give you a great price maybe 3-4% under spot.
You don't do things by halves mate 👍 please get that in a bank vault ASAP. What a crazy stack, I'm way way behind you but I'm in for the long haul aswell. Ohhh and please take them gloves off 😁
nice gold !!!
24k coins need extra protection slap or some sort of coin holder
I buy only Gold not silver because of the VAT charged on silver!
When i buy i look at the premium as lost money you won't get back on resale. Hold long enough they don't matter anyways.
I sold off my American silver year's ago, stay away from it now due to storage and vat here in the UK 🇬🇧
Show off, I have 1 ounce gold Britannia and they are very pretty, aiming to get another one in 2025
Amazing 👏
Nice video thank you:)
I guess it's easy to stack if your already a millionaire! Be interesting to see how you keep going. The big issue with silver as we are paying 30% over spot including VAT at the 1oz level or 15% over spot at the 1kg level which means we are getting totally ripped off compared to say Americans who pay 5% over spot at the 1 oz level and less at bigger stuff. Yet if you need to sell it in a hurry a dealer is going to only give you spot price if your lucky so your basically always gonna lose 15 to 30% on your silver. The assumption that people are willing to pay you big premiums and cover the VAT over spot to buy your second hand stuff is....totally misguided. Count on getting spot price. Gold is much better in that regard your only paying 4% over spot on 1oz coins and even less on those big boy bars.
nice broo.
No way will you get a 20% premium on silver in the UK. The Britannias maybe 3% the rest I would never pay over spot. I gram gold bars ? no thanks, the premium is rediculous. The Gold Britannias are beautiful. All KC examples are too new to have historic value so the year doesn't matter.
I buy gold not to make a profit but to avoid becoming poor. looks like your thinking is similar to mine.
It looks like buying gold is giving people profit. 30% profit in 2024.
Good luck getting any premium on the bigger bars unless you have a cash(reddies) guy there (or your a shop)
If you buy uk coins instead of bars you won’t have to pay capital gains tax on them.( if you declare the profits)🤫
Never advertise to many details to the public your asking for trouble
🥃🎩
The taxes here will catch up with the uk soon enough... the tarrifs might do it, but i still would rather stack some PM then fiat 👍🪙💰