If you’re looking to learn more about stacking silver and stacking gold, you have just arrived at a great spot. I talk and show all types of precious metals and deliver insights on the market direction. Every now and then, I’ll even touch base with the crypto community. Thanks for joining me on my journey to save money and have fun doing it. You can also find me on Instagram @silver_britches_ and you can always contact me by email @silver.britches.ag@gmail.com
Simple answer. The bigger the better value for money, If you can't afford a 1/4 Oz gold then buy a half Sovereign. If you can't afford that save your cash until you can. 1/10 oz are terrible value.
The next lockdown will shake the prices up. Keep what you got, and get more if all other priorities are squared away. They fiat price of gold will keep going up. It will persuade some to sell. It will dissuade others from buying. Fractional gold will be hard to come by quickly. Once TPTB are comfortable with what they've bled from us, they'll crash the fiat. We're close to the end of this fiat. Keep stacking.
I had an opportunity earlier this year to buy a 5 oz coin for about $10,000. If I'd done so the coin today would be worth $12500. However the major problem with such large coins is when it comes to to sell, it may be hard to find a buyer because those items are so expensive that few people will be able to afford them. So its probably more advisable to own smaller denomations or sizes than xtra large.
confusing, you appear to contradict yourself. you say the coin is now worth 12500 and also say it is only worth what someone can afford to pay. which circumstance is correct and what do you think someone can afford to pay. thanks for your insight.
If you feel its very high right now and expecting a big pull back then why not sell a bunch now and then buy it all back for cheaper later? Honestly just a true question with no hate or craziness meaning behind me asking.😅
Not purchasing silver now. Gold is a constant no matter the market. Coins of the realm and fractional is on the table as well. The premiums will move higher soon.
For quite some time we've seen some metal dealers selling products as close to spot as possible (in order to continue selling) and at the same time maintaining their spreads/profits by paying less when buying from us. This moving of the spreads still leave room for nice profit takings for those of us who have gold bought back in the days of e.g. $1500. Maybe we SHOULD take some profits and wait for the gold price to drop and go in again = play the game of the institutional investors albeit in a smaller format 🙂 Why not?
@@DrSchor I did sell some 1 oz coins. What I was paid was indeed below spot, but again: Due to my original buying price back then, I made a decent profit on these coins 🙂
There might be a small correction, but for the most part, that’s what precious metals do and an uncertain times in inflationary times times of political tension times of EV and solar demand. I think we’re at the new base and it’s an upward march from here!
You should have bought before because the price of gold has been manipulated for too much time now, so today is pay back day, you can't fool people with dumb markets and monkey valie dollar anymore..
i got 40 of the 1 oz platinum proof lunar dragon coins...only paid $1300 per coin...i own over 20% of the entire mintage...and im not going to sell...gold is doing well...im sure it will keep rising...
I'm not buying any more Gold at this $2,500 + Premium price. So, I just picked up 800 nice 90% Kennedy an Franklin Halves at my local dealer for only $8,800, which is only $22 per $1 face value (3.4% premium) - an excellent deal, and about 1/3 of them are AU+ condition. This boosts my Silver stack to 1,785 ozs.
You can wait for a lower price, or you can buy now and laugh all the way to the bank by the end of the year. Fact is no one knows. But I do know history and it tells me gold is going up.
This price range could be buttons compared to what it could potentially go to, why are central banks buying gold at record levels? They are the ultimate insiders so they must have a good idea of where things are heading.
I'm with you. I'm mostly a gold stacker and prefer it way more than silver. I'm going to chill and hope for a decent correction. in the meantime, I'll dabble with some silver and concentrate on 90% if the price is right.
