6 Years On Gold Has Doubled In Price Since I Started Buying

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  • Опубліковано 24 гру 2024

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  • @asheland_numismatics
    @asheland_numismatics 4 місяці тому +5

    I recently got a quarter ounce gold Britannia, that is one absolutely beautiful coin!

  • @WhooshFlyingHorse444
    @WhooshFlyingHorse444 4 місяці тому +6

    Hi SS,
    Interesting and great video as usual thank you.
    Gained my initial interest in metals/coins from my Grandad back in 1974!
    Gold back then was...£66 an ounce!
    50yrs on and in comparison it has sky-rocketed with today's price currently at £1,906 per ounce!
    Where things will go in the medium and longterm is anyone's guess. Nobody knows for sure. Best thing is to keep abreast of all things going on in the world, listen to a wide variety of opinion, don't rush any important decisions for yourself or for your family's interests.
    Keep putting out your excellent videos. Thanks again.
    Best wishes.

    • @SovereignSaurus
      @SovereignSaurus  3 місяці тому

      Fantastic thanks for sharing. That's some increase from 1974 👍🏼

  • @jamiefrost2091
    @jamiefrost2091 4 місяці тому +9

    I began my stacking journey about 4 years ago, of course I’m happy with the price increase but to me , it’s my hobby and passion 🥳. So win win 🎉.

    • @SovereignSaurus
      @SovereignSaurus  4 місяці тому

      Yes you're right there... Collecting gold is about as good a hobby as any 🤣

  • @transientstacker4310
    @transientstacker4310 4 місяці тому +8

    One thing you should have included is comparing gold to a savings account. I started buying gold to save money because I kept raiding my savings account

    • @SovereignSaurus
      @SovereignSaurus  3 місяці тому

      Yes there is that too. The gain this year obviously makes it attractive... perhaps we'll see a few flat years or decline next

  • @FourNines-silver
    @FourNines-silver 4 місяці тому +1

    Absolutely beautiful sight to see there. Excellent job on your stack 👏

  • @johngreen6191
    @johngreen6191 4 місяці тому +6

    The thing is with gold it does not need repairs, no voids and no managing agents. Nobody knows what you have and will not be looking for tax. Buy and lock away and in recent years/months has become more desirable.

    • @Ikaros23
      @Ikaros23 4 місяці тому +1

      In reality the gold actualy stay’s the same. It’s the fiat that goes down

    • @SovereignSaurus
      @SovereignSaurus  3 місяці тому

      Certainly has some advantages yes

  • @luke.k1.
    @luke.k1. 4 місяці тому +6

    Hello mate 🤝 hope you're well today. Great video bud, always enjoy seeing all the gold you show 😁 especially the sovs 👍 I can imagine that's a good feeling knowing your first purchases have doubled in value! One day in the future I'm hoping to have the same feeling myself 🤞😁 for me gold is the ultimate saftey net/saving account that has its benefits, I don't really look at it as an investment. The fiat I spend on stacking is just fiat I would have wasted on unnecessary purchases anyway so even if I break even I'm happy haha always enjoyed spending instead of saving ( always struggled to save ) but now I'm doing both 🔥 happy days! Anyway, happy Friday mate 🤝 hope you have a good weekend ahead 🍻

  • @Carlsonrufer
    @Carlsonrufer 4 місяці тому +11

    You are basically saying: our fiat currencies lost half their value in just 6 years.

    • @laarm888
      @laarm888 4 місяці тому

      Just think then how much value they’ve lost against bitcoin.

    • @GoldDigger7819
      @GoldDigger7819 4 місяці тому

      That is exactly what he is saying. That is the precise point of storing any savings you may have in Gold.

    • @Carlsonrufer
      @Carlsonrufer 4 місяці тому

      @@GoldDigger7819 i found the comparison to housing even more striking. Cause we all need a roof above our heads. and you get less and less roof for your monthly income (literally speaking).

  • @StackThatGold
    @StackThatGold 4 місяці тому +1

    I actually got 3 gold coins about 6 years ago myself that got me started, but did not stack until 2020. Good comparison of other assets to see how much things have appreciated.

  • @JasonDeville-fi4dh
    @JasonDeville-fi4dh 4 місяці тому +2

    Congrats on doubling up. I'm average 600 dollars profit per oz

  • @turdburgler8634
    @turdburgler8634 4 місяці тому +3

    Speaking of started staking, I began last year ( I have now 4 1/2 oz Britannia Elizabeth II, 2 1oz Krugerrand silver, 2 1oz maple silver, & 3 1oz silver Elizabeth II Britannia ).
    Just purchased an 1987 1/2 oz Elizabeth II Britannia yesterday.
    Question I have is, why buy sovereigns ( ? ), why do they have such a small market price?

    • @luke.k1.
      @luke.k1. 4 місяці тому +8

      Sovereigns are a great fractional piece that you can get close to spot, a full sov has the same premium as a 1ozt brit and a half sov has the same premium as a 1/4 brit, so for those that want to dollar cost average its a good option without having to spend so much each month.
      With the rise in gold prices not everyone can afford a full 1ozt so having some fractional will make it easier to liquidate in the future too, plus with sovs you get the added history, making them appealing for both weight stackers and collectors.
      This might be a bold statement but, the sovereign is probably the most recognised gold coin in the world 👍
      Anyway hope you're well today mate 🤝🍻

    • @jamiefrost2091
      @jamiefrost2091 4 місяці тому +4

      @@luke.k1.wise words, Luke🙆‍♂️

    • @turdburgler8634
      @turdburgler8634 4 місяці тому +4

      @luke.k1. well, that answers my question , you gave a golden answer, thanks very kindly.

    • @Sogard69
      @Sogard69 4 місяці тому +2

      Sovereigns cost less per gram of gold compared to .999 gold 👍

    • @livinthedream7714
      @livinthedream7714 4 місяці тому

      Beginnings of a great fence
      :)

  • @mojojojo11811
    @mojojojo11811 4 місяці тому

    Any advice for a first time buyer as to where and how to physically store any gold purchased? What are the benefits of storing at home vs a secure safety deposit box and if you do store at your home, what method is best?

  • @DeeCee-nb6ev
    @DeeCee-nb6ev 4 місяці тому +4

    Gold is a physical asset and in the long term is a better physical asset than holding cash. 5 grand of cash will be 5 grand of cash in five years minus inflation. 5 grand of gold in five years is most likely going to be worth more.
    Only problem currently and in the future if gold does continue to rise is that a very large majority of people will at best be able to afford fractional gold, a 1 ounce coin is a considerable outlay now let alone in five years.
    You obviously have good tenants, i know of a few people with just one property who have had nightmare tenants to the point of once they have gone they have sold the property. Labour also seem to be tightening the noose around landlords necks.

  • @Red_Pill_On_SteroidsRPOS
    @Red_Pill_On_SteroidsRPOS 3 місяці тому +1

    A Quick question sovereign sarus buying a gold ounce very month is really stretching it on a budget as I'm buying silver too. Is buying a gold sovereign every month more effiecient way than buying a britannia each month would you stack like this on a budget?

    • @SovereignSaurus
      @SovereignSaurus  3 місяці тому +1

      A sovereign per month will soon add up yes, just don't stretch yourself too thin and stick to what is manageable for you 😎

  • @rustyshackleford2719
    @rustyshackleford2719 4 місяці тому

    Can you tell me what capsule or size is the second 1/2 oz britannia that you showed?

  • @progressivepath1995
    @progressivepath1995 4 місяці тому +2

    Nvidia is a boat I got on when it docked again in the spring, good returns still but god I wish I got on in 2019.

    • @SovereignSaurus
      @SovereignSaurus  3 місяці тому +1

      Yes I've taken advantage of a couple of opportunities too. Be interesting to see how earnings come today

    • @AmericanBulldogFit
      @AmericanBulldogFit 3 місяці тому

      @@SovereignSaurus I bought the SMCI dip on "bad news". Sold the following morning. I made 15%.

  • @alanwilliams8532
    @alanwilliams8532 4 місяці тому +1

    Gold has doubled, inflation is up threefold and cost of living has quadrupled 🙄🙄

  • @briansmythe3000
    @briansmythe3000 4 місяці тому +1

    I first Brought a Ounce when I Started Working early 80's, My Old Man was looking too InvestIn Silver mines way Back ,And I Said I would Love too geta Ounce of Gold He Laughed at me siad it would Only be the size of Fly Crap , Any Way He Looked Into and Brought one for Me I gave Him the 300 AUD as itwas Back then
    Wish I Had of Kept Bying ,Only started stacking when Covid Hit ,In OZ we have too pay Capitol Gains so your lucky

    • @SovereignSaurus
      @SovereignSaurus  3 місяці тому +1

      Haha thanks for sharing that Oz is sure looking after you now

    • @waynemay7327
      @waynemay7327 3 місяці тому

      Bought.

  • @adamevans2385
    @adamevans2385 4 місяці тому

    Me and my family have collected sovereign kinds for years now and I have become the soul owner of them as the capital gains and tax-free can I sell them all and buy a house without paying any tax whatsoever and on the house outright is that legal? Do I have to tell the bank or show the bank before I sell them so they know where the money came from. Any help please

  • @livinthedream7714
    @livinthedream7714 4 місяці тому

    Excellent shit

  • @johnlee4897
    @johnlee4897 4 місяці тому

    Gold's up 3.3× since 2008 when I'd started. FTSE nowhere near that. Selective hyper over-valued U.S. stocks like NVDA can collapse at any moment. Built on top of $35+ trIllion of federal debt.

  • @simplewelshman
    @simplewelshman 4 місяці тому +2

    Should we expect the price to tumble once the geopolitical risks (Ukraine/Russia & Gaza/Israel) are resolved?

    • @livinthedream7714
      @livinthedream7714 4 місяці тому +1

      Absolutely definitely and perhaps not

    • @frankie_66
      @frankie_66 4 місяці тому +1

      keep waiting...😅

    • @SovereignSaurus
      @SovereignSaurus  3 місяці тому +1

      You can expect anything to happen literally. Nobody knows for sure what the price will be but the trend is your friend as they say

  • @bullionaddict9164
    @bullionaddict9164 4 місяці тому +1

    👍👍

  • @GoldCoinTalk
    @GoldCoinTalk 4 місяці тому +2

    Great content. Aspiring to do the same! Would love a follow

  • @adamevans2385
    @adamevans2385 4 місяці тому

    Me and my family have collected sovereign kinds for years now and I have become the soul owner of them as the capital gains and tax-free can I sell them all and buy a house without paying any tax whatsoever and on the house outright is that legal? Do I have to tell the bank or show the bank before I sell them so they know where the money came from. Any help please