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"Don't Buy Physical Gold!" 

2 is 1
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Should you be changing how, when or what gold you're buying right now? Should you buy physical gold at all? At least one person says, "no".
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8 сен 2024

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Комментарии : 1,3 тыс.   
@juliusstriker4465
@juliusstriker4465 4 месяца назад
Financial advisors hate gold because they can't make a commission when you buy it.
@Thriftitup
@Thriftitup 3 месяца назад
Gold time is today
@Five9sFine
@Five9sFine 3 месяца назад
I want in on the GAWs
@PepeCoinMania
@PepeCoinMania 3 месяца назад
Dealers can
@good2goskee
@good2goskee 3 месяца назад
Lezbo that is a Liberal...... she has different values, not interested in what she says
@edb3877
@edb3877 2 месяца назад
Exactly right. Not only that but some (most?) financial advisors get paid a percentage of the assets under their management, so if money departs your accounts and goes into physical gold, two things happen: 1) their income is reduced; and 2) money that comes out of an account to buy physical gold rarely ever returns to their control. I'm not sure whether or not being a fiduciary changes any of this but if it doesn't, it should.
@stevensimpson5978
@stevensimpson5978 4 месяца назад
She was wrong about life insurance. Wrong about annuities. Wrong about leasing a car. How is she a credible advisor?
@edb3877
@edb3877 4 месяца назад
Good points. I have been an investor for 45 years now and my observation on this is that professional money managers despise gold because: 1) when money leaves their management, their income falls; and 2) money that leaves them for gold rarely ever returns, also lowering their income. While this sounds like the same thing, it's really more of a long-term vs. short-term look at how to best manage one's money. In the same vein, pros also hate it when their clients stack cash, raving on and on about how money should be "working". There IS a place for both activities in most portfolios. In a falling market, it helps investors to have a pot of money that is not falling along with the rest of the market. There is a cost to it in a rising market but that is the cost of having a cash reserve. Like many other things, this is not a binary yes or no question or answer. I tend to keep about 20% of my net worth in cash and cash equivalents. I have used this cash for two primary purposes: 1) to scoop up bargains when others are bailing out of stocks or PMs; and 2) to use for living expenses so I don't have to sell any shares during a market decline. If the pros don't like this, well, too bad. I find it a very useful money management tool and don't need or want their approval.
@olliemoose2020
@olliemoose2020 4 месяца назад
Sounds a it like Harry Dent,
@rebeccasimmers9363
@rebeccasimmers9363 4 месяца назад
Yeah. I can't remember a time when she did give good advice. If I followed her advice I'd be homeless by now.
@gomcse
@gomcse 4 месяца назад
You nailed it.
@mysterybuyer3738
@mysterybuyer3738 4 месяца назад
She also said before the 2008 crisis if you owed debt on credit cards the banks would not even bother coming after you. Well I defaulted and Capital One Bank came after me with a lawsuit. I got out of it but still. Suze just needs to shut up.
@RICHLOTITO
@RICHLOTITO 4 месяца назад
I think it's funny that all the "financial experts" who make their money selling books being on radio and TV are anti physical Gold. I just have to respectfully disagree with them. GOLD.
@jamesdoe3713
@jamesdoe3713 4 месяца назад
same with "finacial advisors". Precious metals = bad
@yusefmessallam
@yusefmessallam 4 месяца назад
remember, they want the price of gold low so they can buy it low while you use their fiat cash. If gold were allowed to find its true value a) the banks wouldn't be able to buy it with the valueless fiat they print and b) there wouldnt be the kind of demand for their financial products that keeps them in business. YOU WOULD BE YOUR OWN BANK!! AND THEY DON'T WANT THAT!!!
@ApexPrepperStories
@ApexPrepperStories 3 месяца назад
Agreed. Suze is all about putting money into bank controlled 401Ks. But as Lynette Zang says … if you don’t hold it you don’t own it. I’m taking full control of my wealth. 🎉
@datapark9118
@datapark9118 3 месяца назад
Just buy bitcoin : )
@cwcamp5088
@cwcamp5088 3 месяца назад
call me old fashioned but if you buy something for $1.00 and sell it for $2.00...I don't see a problem...
@charlesdenney1
@charlesdenney1 4 месяца назад
"Where gold speaks, every tongue is silent." - Italian Proverb
@2is1gold
@2is1gold 4 месяца назад
🤜🤛
@yedidyah-jedshlomoh1533
@yedidyah-jedshlomoh1533 4 месяца назад
"Gold is money. Everything else is credit." J. P. Morgan, 1912 Some claim the ratio of Paper gold traded is somewhere between 200 to 250 to 1 of physical gold held. Got land. Got physical gold. Got physical silver. Got garden. Got orchard. Got God. Got dry powder. Got happiness.
@kertbert1
@kertbert1 4 месяца назад
​@@yedidyah-jedshlomoh1533A bit of lead is also good.
@edb3877
@edb3877 2 месяца назад
@@kertbert1 Agreed. Pb is Au and Ag insurance. 😉
@ah5836
@ah5836 4 месяца назад
The only problem with buying physical gold is we have a system where the market price of buying paper determines the price of physical gold. Gold is for people who do not trust the economic systems our governments box us into, which is why it makes no sense to me to buy paper under the belief it's as valuable as gold.
@JFEnterprize
@JFEnterprize 4 месяца назад
Kinda like a bitcoin etf 😮🎉😂❤
@phoenixlegion33
@phoenixlegion33 4 месяца назад
Gold=Tier 1 asset Paper Gold= Tier 3 asset
@JFEnterprize
@JFEnterprize 4 месяца назад
@@phoenixlegion33 never thought to look up papers place. It really is tier 3?
@ah5836
@ah5836 4 месяца назад
@@chrisa.515 If you are personally unable to handle owning physical assets then ok, I'm not trying to force anything on you. And if anyone is thinking my youtube comment reply is the all-encompassing bible for asset ownership...
@chrisa.515
@chrisa.515 4 месяца назад
@@ah5836 It isn't a matter of being unable to own physical assets it's a matter of "is it really worth the problems involved?" and as far as gold goes there are many.
@0xArjay
@0xArjay 4 месяца назад
You are hands down the best GOLD channel out here. You inspire me to talk about it on my channel lol . . . My wife and I have started this stacking journey and have some gold and some silver and yes, it is for sure addicting lol.
@TeeBlue_Da_Cajun
@TeeBlue_Da_Cajun 4 месяца назад
Buy, when you can buy Gold & hold as long as possible! Sell silver for cash when in need & spot price is up.
@Commonzenze
@Commonzenze 4 месяца назад
If you’re selling when in need you’ll be selling no matter what spot price is, unfortunately.
@TeeBlue_Da_Cajun
@TeeBlue_Da_Cajun 4 месяца назад
@@Commonzenze Agreed!
@dennissabrievski4543
@dennissabrievski4543 4 месяца назад
Greetings from Turkey! Your channel has sparked my passion for gold and silver. Well, here we stake grams of gold. I keep buying 24-carat gold bars, usually around 5 grams, nearly every month. Over time, I end up accumulating too many grams, so I swap them for larger bars. However, silver isn't as sought after or appreciated here; they only sell kilos at the jewelry stores. I was considering ordering 500 grams of silver for the first time before my salary is wired, but silver prices have shot up again, lol. Happy staking with gold and silver!
@justme0023
@justme0023 4 месяца назад
Thanks again 2 is 1. You are still the most level headed GOLD / metal channel. I always appreciate your insights.
@whatisthis1999
@whatisthis1999 3 месяца назад
great Gold channel
@Live2Shop
@Live2Shop 3 месяца назад
Hes the best on gold
@Tsl4Lf
@Tsl4Lf 4 месяца назад
Im torn between i want prices to drop to buy at better prices to i want prices to go up so my gold i have is worth more. No matter what i will keep stacking gold.
@er-ick
@er-ick 4 месяца назад
I used to think I could only afford silver. But with just a little discipline in saving, I sure can afford to buy GOLD, just with less frequently than I was buying silver!
@Have.An.AmicoDay
@Have.An.AmicoDay 4 месяца назад
If Gold is what you want... buy the cheapest silver, then convert it to gold when you have a stack... rinse and repeat!
@vincentyeo88
@vincentyeo88 4 месяца назад
It's all about taking time to save for what you want. Patience is a virtue.
@GolAcheron-fc4ug
@GolAcheron-fc4ug 3 месяца назад
@@Have.An.AmicoDay Yeah i thought it was better to just buy tons of silver rn and then convert later since the ratio is so out of wack
@matthewdelamatter6641
@matthewdelamatter6641 4 месяца назад
I have adopted the Gold Eagle and Gold Buffalo only approach. It’s clean, it’s simple, it’s awesome!
@tinyconspiracy9997
@tinyconspiracy9997 4 месяца назад
Midas went from Gold to mufflers, who saw that comin'?
@jeffee1933
@jeffee1933 4 месяца назад
This made me chortle so loud my wife asked what the hell I was watching
@Have.An.AmicoDay
@Have.An.AmicoDay 4 месяца назад
Catalytic converters are worth millions...
@Bobber002
@Bobber002 4 месяца назад
Yep, he operated quietly in the background.
@magicman9321
@magicman9321 4 месяца назад
😂😂😂😂😂😂😂
@davidfarrell4289
@davidfarrell4289 4 месяца назад
So . . . from gold to platinum🤔
@kaku00
@kaku00 4 месяца назад
The Costco effect is a real thing. I've been holding on my purchases, but I think you're right. I need to get back to my regular monthly purchases of GOLD.
@kunai92
@kunai92 4 месяца назад
I'm not really buying anymore right now. My gold buys would just end up getting sold for more life expenses later this year.
@2is1gold
@2is1gold 4 месяца назад
🤜🤛
@sinesaii
@sinesaii 4 месяца назад
Intelligent move. Gold should always be long-term.
@misunderestimator5283
@misunderestimator5283 3 месяца назад
We hold physical gold for long term insurance. But I’ve been buying GLD over the past couple of months- for a bit of gambling on the hope of higher prices - easier and cheaper to trade than physical.
@Talltaler
@Talltaler 4 месяца назад
BUY BUY BUY-HOLD HOLD HOLD!
@taylorwashere94
@taylorwashere94 3 месяца назад
keep that gold
@briank7936
@briank7936 4 месяца назад
I still enjoy the level delivery. No shoot the moon or sky is falling. I love that pre 33 gold but I think your long term suggestions are best. I'm sure its been said, but the channel is gold Jerry. Gold.
@ComicCommando
@ComicCommando 4 месяца назад
Suzie Orman just like Dave Ramsey & all the other "consultants' only suggest equities in paper form because that's how they achieve their "premium" from you when you buy or sell them/. I think it's long past time people in the precious metals space acknowledge this important fact. They promote real estate for that various reason commissions. The fees are what the machine is interested in.
@JFEnterprize
@JFEnterprize 4 месяца назад
How does one sell a paper contract to another interested person/party and not pay the gains tax 🤔
@BB-gb2eq
@BB-gb2eq 4 месяца назад
Suze has great advice to help people get out of debt and offers great tools and planning to assist most people to do better financially. I agree with you on the so called financial investment advice of these individuals. They either don't understand what is coming in the monetary system and overleveraged portfolios of the markets, or they are just going to keep making profits steering people down the wrong road for the times we are rapidly moving towards. I think hard physical assets will be way safer and still profitable until the high debt gets boiled off this system.
@sinesaii
@sinesaii 4 месяца назад
What does “paper form” mean? You only consider buying stocks in paper-related industries?
@BB-gb2eq
@BB-gb2eq 4 месяца назад
@@sinesaii When you purchase a commodity in the paper markets it would be similar to an IOU. The financial entity holding that IOU/paper contract does no have to hold but just a percentage of the real deal commodity that is owed to you. It is on paper like a promise to you. If the price of that commodity rises the financial entity will have to purchase that commodity while it rises in price which could lose money. These third party entities have done this time and time again over and over, and I believe that to be risky for the investor. If you would like to see an example. Do a google search on the US Debtclock, go down to the bottom right of the screen and open the precious metals tab, look for the silver paper contracts and it will show you silver paper contracts to physical silver these institutions hold. That means of you were to put 1 physical ounce of silver on the table, then compare it to how many paper ounces of silver are the ratio to that 1 physical ounce. The best example I can give is if you used that ratio playing musical chairs, there will be one winner that gets the chair and the rest will lose their seat/physical silver. Hope this helps
@BB-gb2eq
@BB-gb2eq 4 месяца назад
@@sinesaii It means you only own it on paper and not the real commodity. I can show you an example if you like.
@david.9633
@david.9633 4 месяца назад
Great episode 👍🏻 My buying habits for GOLD haven't changed despite what some are saying. Part of me does this as an investment of sorts, but the collector in me really just enjoys coins and bars. Especially those that are GOLD
@TeeBlue_Da_Cajun
@TeeBlue_Da_Cajun 4 месяца назад
Buy - Hold You won’t regret it
@TheQuestWest
@TheQuestWest 4 месяца назад
Wish the premium on fractional gold wasn't so high, doing an ounce at a time isn't an option for me.
@mikemartin2937
@mikemartin2937 3 месяца назад
20 franks, very reasonable and get at spot or just over.
@Silent.Stacker
@Silent.Stacker 4 месяца назад
I’m definitely stacking more gold this year, including the pre 33.
@brucekage1245
@brucekage1245 4 месяца назад
When I started stacking gold was $1,800, I thought it was expensive then. Compared to now, hindsight is always 20-20.😢
@Erichjr45
@Erichjr45 3 месяца назад
$1800 the good old days.
@ronaldmitchell3665
@ronaldmitchell3665 3 месяца назад
Gold must always be relatively expensive: to setapart savers from the consumers…
@healthyactiveparents2381
@healthyactiveparents2381 4 месяца назад
I’m still going to be buying GOLD!!! I love 90% gold. Pre-33, old circulated gold. I love it all!!
@2is1gold
@2is1gold 4 месяца назад
🤜🤛
@chris7brook
@chris7brook 4 месяца назад
Meeee tooo!!! My best coin is a graded and slabbed MS 65 1908 no motto St Gaudens !!! 🦅⚔️🇺🇸
@russelder9743
@russelder9743 4 месяца назад
Just got a 1909 5.00 Indian...love it
@chris7brook
@chris7brook 4 месяца назад
@@russelder9743 I definitely need the $5 gold piece and the saint gardens $10 half ounce coin.I have a 1927 it's slabbed mint State 63 2 1/2 dollar Indian
@amytownson3529
@amytownson3529 4 месяца назад
​@2is1gold I don't trust anything that I can't hold in my hand!! Physical "Gold" is the way to go 100% of the time in my humble opinion!
@dr.g6105
@dr.g6105 3 месяца назад
"I just don't know how we recover from that" 🤣 Brilliant start.
@LandscaperLife
@LandscaperLife 4 месяца назад
I'm at a 2mm gold depth in my money bin. Definitely not enough for diving yet. Someday...
@BullseyeBob1
@BullseyeBob1 4 месяца назад
It’s about spreading around your wealth. A little here, a little there. Stocks, bonds, gold, silver, cash, etc.
@vincentyeo88
@vincentyeo88 4 месяца назад
Diversify. Don't put all your eggs into one basket.
@calebfast8088
@calebfast8088 4 месяца назад
I like how you mentioned how the spread you have for bars is based on where you live and how folks need to figure out, on their own, what's best.
@JustDavid22
@JustDavid22 3 месяца назад
gold to the moon
@B4SHTF
@B4SHTF 4 месяца назад
I have changed my buying cycle to a 1/4 & 1/2 oz. My view is it’s an opportunity to stack the fraction gold. Bar are good too, as you explained, there might be time where the gold bars make sense and are easy to liquidate.
@oro_yplata6422
@oro_yplata6422 4 месяца назад
Sticking to 1/4 gold eagles for now...
@spektred
@spektred 4 месяца назад
Why 1/4 oz?
@Youmissedme-i5z
@Youmissedme-i5z 4 месяца назад
Premium is too high.
@edb3877
@edb3877 4 месяца назад
@@Youmissedme-i5z As gold rises in price, the cost of the extra premium diminishes. I don't even know how much I paid in premium for the sub-$1200 gold that was my 1st buy. I can look it up, as I do keep records in a spreadsheet but off the top of my head, it's not a number I worry about. Also seems as if that is a deductible cost of owning gold, as are the costs of shipping and insurance, if any. Also, it's good to have the increased flexibility of fractional oz. gold when selling it. I retired before I started stacking. In 2008, I'd been retired for nearly 4 years and plan to use my gold at some point to supplement my retirement income, make sure I can pay my property taxes, and handle other major expenses, such as uninsured medical costs. If at that time, we are suffering from serious inflation, I want to only sell as much gold as I need to cover my expenses and no more than that. This will leave more of my wealth in gold where it is more protected from inflation than if I had extra cash laying around and losing much of it to inflation. IMO, the 1/4 and 1/2 oz. gold coins are in the sweet spot where price is affordable and costs are moderate. Yes, buying a full oz. of gold at a time does cost less but I don't have an issue with some additional cost as long as some additional benefit also occurs. Imagine trying to sell a 1 oz. gold coin at a time when gold is really high... say between $10k and $20k per oz. Very wealthy people can swing that but many others cannot. This really limits the number of the buying public that can buy such a coin. But a 1/2 oz. or 1.4 oz. coin would be more affordable to more people.
@andriotmax
@andriotmax 4 месяца назад
One thing that has definitely caught me off guard when it comes to gold is that the margins do change based on availability, popularity, and supply/demand. It’s great to buy when you’re getting a good deal on something because you never know if paying a higher premium will get you that premium back in whatever the market looks like in the future. It’s also true that you don’t just want a completely random assortment of coins and bars. Some consistency is nice when selling multiple pieces of gold
@xdscast
@xdscast 4 месяца назад
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@xdscast
@xdscast 4 месяца назад
Tobias Hawke program is widely available online..
@BCelt348
@BCelt348 4 месяца назад
Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..
@liwi46
@liwi46 4 месяца назад
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
@LolaIndigoClubdeFans
@LolaIndigoClubdeFans 4 месяца назад
Building a good investment portfolio is more complex so I would recommend you seek Tobias support.
@JavierJumbo-jn6jg
@JavierJumbo-jn6jg 4 месяца назад
He appears to be well-educated and well-read. I ran a Google search on his name and came across his website; thank you for sharing….
@DiversifyYourself
@DiversifyYourself 4 месяца назад
I’ve always been a pre 33 kinda guy. Just recently I’ve gotten into sovereigns and I’m diggin the low premiums. Yeah I’m actually surprised you mentioned pre 33 or bars.
@fourscore4
@fourscore4 4 месяца назад
I am fairly new to gold , but like it more and more.
@vincentyeo88
@vincentyeo88 4 месяца назад
You are going to experience the so-called gold fever. 🤣
@R4NDLL
@R4NDLL 4 месяца назад
Same here---I got gold fever.
@kalebhughes1731
@kalebhughes1731 4 месяца назад
Always buying gold when I can.
@bradleyozbun1012
@bradleyozbun1012 3 месяца назад
💯 I'm learning from the best, so I'm sticking with the 1/4 ozt. a mo. Purchase . And trying to hit the dip.
@2is1gold
@2is1gold 3 месяца назад
🤜🤛
@benoone9573
@benoone9573 3 месяца назад
For me, fractional gold coins are the store of value. Sure, I got some 1 ounces, but they don´t grow on me. Lately some gold has gone into historical gold coins of really old age. The feeling of history, you know. The increasing value has made it possible to introduce how to save in gold to my grown children, fractional coins for presents. They were doubtful, so I had to show them the charts. No more doubts.
@ZstheDeal420
@ZstheDeal420 4 месяца назад
Them: don't buy gold. Me: but it's GOLD!!!
@Thatdude9999
@Thatdude9999 3 месяца назад
Gold time
@shinyshinyman3777
@shinyshinyman3777 3 месяца назад
For Suze Orman to say not buy GOLD is quite surprising! She has certainly not done her research carefully!
@donmesut9587
@donmesut9587 4 месяца назад
When someone tells you not to do something always do the opposite, well most of the time 😂
@tlakins
@tlakins 4 месяца назад
Don't jump off a cliff.
@olliemoose2020
@olliemoose2020 4 месяца назад
Dose that include jumping of 100 ft cliffs.
@julietspeace8186
@julietspeace8186 4 месяца назад
😂😂😂😂😂😂
@donmesut9587
@donmesut9587 4 месяца назад
@@tlakins which one please be more specific 😀
@donmesut9587
@donmesut9587 4 месяца назад
@@olliemoose2020 please be more specific which one exactly 🤣
@tonymccauslin4577
@tonymccauslin4577 4 месяца назад
Always appreciate your commentary sir! Physical gold for sure! 🇺🇸🦅
@2is1gold
@2is1gold 4 месяца назад
🤜🤛
@calebfast8088
@calebfast8088 4 месяца назад
That title reminds me of a reply I got on a comment I just posted here yesterday or so!
@2is1gold
@2is1gold 4 месяца назад
Ha!
@michaelrussell5736
@michaelrussell5736 4 месяца назад
Don’t buy bars. Like you, I don’t like my GOLD wrapped up in assay. Right now I’m working on finishing up my quarter oz tube. Just bought 2 more gold quarter oz eagles today so naturally, your headline caught my eye.🦅 Another great message today. THANK YOU!
@Erik-lr9cs
@Erik-lr9cs 4 месяца назад
I have definitely slowed my GOLD purchases, but I see more movement to come! Suzie is ill informed!
@MapleTapr
@MapleTapr 4 месяца назад
Thanks 2is1 for the time and effort you put in to making these informative, level-headed GOLD videos. Much appreciated
@daviddavey1727
@daviddavey1727 4 месяца назад
If you can’t hold it, you don’t own it!
@AngelVikings
@AngelVikings 3 месяца назад
Best GOLD channel for sure, you're the reason I started buying GOLD!
@boilermatt
@boilermatt 4 месяца назад
Tough to ward off temptations to buy pews when saving for gold 1oz. Must.. Be.. Strong...
@JFEnterprize
@JFEnterprize 4 месяца назад
Well a guy with a better pew can take your gold. 😮😢
@vincentyeo88
@vincentyeo88 4 месяца назад
@@JFEnterprize He has to get a bar-zoo-car. Lol. 🤣
@hubster4477
@hubster4477 3 месяца назад
​@@JFEnterprizeso why buy gold then?🤣
@sergeant_t2020
@sergeant_t2020 4 месяца назад
Hey hey 2 is 1, my only compliant with GOLD is, I wasn't stacking enough of it before the prices went up. I only look at coins, no bars.
@Neb1207
@Neb1207 4 месяца назад
I'm just a 1oz gold kind of person, I don't like fractional because of the increased premiums, but as gold goes up, fractional gold might be quite enticing.
@labby2
@labby2 4 месяца назад
I know that you have not been big on gold bars in the past, but those 1 oz. bars from the Royal Canadian Mint look pretty snazzy! I wouldn't mind having a stack of them in my safe.
@MrFirstonraceday
@MrFirstonraceday 3 месяца назад
Got one myself years ago
@ianlytle4848
@ianlytle4848 4 месяца назад
Wanted to buy some Gold today, but waiting for a slight dip.
@Convoyman2004
@Convoyman2004 4 месяца назад
I’m still sticking to my monthly investments. 401k, 1/4 oz gold maple or eagle, energy stocks.
@BryantManatee
@BryantManatee 4 месяца назад
I appreciate the balance you bring to the physical asset space. Gold vs silver and steady acquisition vs fomo Thank you
@2is1gold
@2is1gold 4 месяца назад
🤜🤛
@kingcdr2600
@kingcdr2600 4 месяца назад
I love my physical gold. It’s so mesmerizing. I will admit that I was shocked to hear you recommend buying gold bars
@justranting9767
@justranting9767 4 месяца назад
Great advice on GOLD. Thanks
@taitheguy85
@taitheguy85 3 месяца назад
1/4oz premiums are way too high. Better off saving even if it takes a couple months. Especially if prices are high
@yetidanger
@yetidanger 4 месяца назад
Gold has been an AU-mazing hedge. It is getting more difficult to keep up on the regular purchases with the rising prices.
@edb3877
@edb3877 4 месяца назад
I'm buying gold just like before but am spending the same amount of US$ and getting a lower amount of gold for it. This is actually part of my plan, so I am not surprised to see this happening. I suppose that at some point, I will be down to fractional oz. gold only but by that point I hope to have reached my gold stacking goal and not worry about it.
@PureBloodUsa
@PureBloodUsa 3 месяца назад
I've been buying vintage flatware, Sterling 925 and 950. Vintage silver plated and bowls as well. Lots of people still don't know the value of sterling silver. It's incredible
@luismelendrez9891
@luismelendrez9891 4 месяца назад
I’ve started stacking precious metals a couple years ago because of being in slump back then and kinda just said I’ll just start stacking metals in the mean times fast forward to now I’m still stacking and made more of effort to stack GOLD this year. I can’t wait for the day when I finally get my first ever full 1 ounce gold coin.
@JBeck556
@JBeck556 4 месяца назад
I simply won’t be fancy. I bought silver. Went heavy the last year as a newer stacker. I’ve gone light the past month. Since then, I’ve bought gold. I have no regrets. Love my first full ounce purchase a couple weeks ago. I love GOLD. Would love more of it. Love that I just told my father about it and he was beyond happy for my purchase. He’s a life long gold stacker. I thought he’d have some qualms as I’m a blue collar son. Nope. He was happy for me. And not that I need it, but it does justify my means when I can have that conversation with him and have his full Support. I’ve never had to justify my reasons. He understands. Rather it’s been silver or gold. He supports me. Only I heeded his advice with 90% silver. Had lots of that in my hands during mid 90s. Hindsight.
@Bearded_Won_der
@Bearded_Won_der 3 месяца назад
Gold. Also, I think it's important that people understand their own "Why" in their choices. You're reasoning in why you hypothetically would buy bars makes sense, as the numbers are better. I'm Dave-Ramsey-ish, but like he says, don't buy anything you don't understand. If you want to buy it, understand it first. Thanks again, you've helped me in my understanding and temperament towards Gold the last few years.
@ESsilver
@ESsilver 4 месяца назад
Sticking to what has been working. When it comes to gold I can't go big so sticking to my plan is all I can do.
@edb3877
@edb3877 4 месяца назад
Having a plan is the 1st step in this process. Glad to hear that you have a plan and that you are sticking to it. Both are important to our financial success.
@Fjisimmons928
@Fjisimmons928 4 месяца назад
Short term or long term gold seems like the safest way to hedge all sorts of bets. With so many things happening in our economy, in the global politics, and in our love for hating one another gold seems to be an answer across the board. Love the info. Keep it up 2:1
@Fireball821
@Fireball821 4 месяца назад
Anything the news media has to say about "do not buy" and "physical gold" in the same sentence, I'm just gonna stick to my shiny coins and stay happy.
@MrEric88g
@MrEric88g 3 месяца назад
Good stuff! I switched from doing 1/4 oz a few weeks to getting 1/10th every two weeks. I agree with the pre 33 gold seems like there’s a lot more on the market. Nonetheless I’m going to continue to buy GOLD every month for life.
@frazzledhaloz3184
@frazzledhaloz3184 4 месяца назад
I am buying my normal things no change… but I actually did buy a dragon bar. Because they are stunning! I have no intention of selling..
@drainbramagebrandon1047
@drainbramagebrandon1047 4 месяца назад
Thanks for your input again on GOLD!
@Tsl4Lf
@Tsl4Lf 4 месяца назад
Time for my weekend dopamine fix and buy some more GOLD.
@GuessWho120
@GuessWho120 4 месяца назад
Buying Gold has worked out well for me. Timing your purchases is key.
@togr824get
@togr824get 4 месяца назад
This video kinda surprised me.. I've watched a lot of your videos and don't think I've ever heard you recommend bars..But, I agree with and respect you.. I appreciate the words of wisdom. I definitely will be picking up some 1/4 once gold coins and some fractional gold bars..Thank You..I'm in it for the long haul, and this video was Solid "Gold"..I hope you have a great day,stay blessed.
@01s0l
@01s0l 3 месяца назад
I am in for the long term!!🤠Buying fractional Gold monthly is fun!! and the price appreciation doesn’t stop me!
@2is1gold
@2is1gold 3 месяца назад
🤜🤛
@SuperDan007
@SuperDan007 3 месяца назад
I just recently started collecting coins and bullion, and even more recently Gold, but I've become hooked. But i don't personally plan on reaping any of the benefits from it. My family has been generationally poor... I'm trying to be the one to break that. This is for my children and, with a little luck and education, all future descendants. Thank you for the opportunity!
@jwozniak68
@jwozniak68 4 месяца назад
Continue to buy and hold. Eagles, Indians, etc., and those pre- 1933 pieces are beautiful. This channel is GOLD.
@BoredSleuth
@BoredSleuth 4 месяца назад
I used to order 1/10 online but the premiums are ridiculous online @ 20%. I have found local coin shops that are high volume dealers that do 1/10 @ 7%. 1/4 oz for 5%. My goal is to start stacking 1/4 oz. I like the size a lot more, closer to a quarter. Nothing excites me more than picking up my monthly supply of some shiny GOLD 😂🎉 Support your local coin shop people! We need them to stay in business because we need the PHYSICAL liquidity of cash and gold!
@tonyw.3210
@tonyw.3210 4 месяца назад
I think I met my Gold buying goals for now, but Gold buying is addictive😊
@JaredEvans-fu9ek
@JaredEvans-fu9ek 4 месяца назад
I appreciate the consistency. If it ain’t broke, don’t fix it. We buy GOLD for the long run…
@edb3877
@edb3877 4 месяца назад
Agreed and if those in charge of this world finally do have a massive screw-up, which seems more and more likely all the time, those who don't hold any gold are in for a very severe financial shock. In fact, it likely would be THE shock of their lives. Those of us who invest in multiple asset classes will probably do pretty well. I use my gold and silver as a hedge against the paper investments I have. Paper is for growth and PMs are for preservation. It's useful to approach our financial future from BOTH directions. Extra profits from paper investments are used to buy more gold. It's great to have paper assets that grow our wealth but it's also great to have a backstop in PMs. No one knows the future, so hedging our bets seems an appropriate response to all the craziness in this world of ours.
@Spindler999
@Spindler999 3 месяца назад
I’m new to silver stacking but you have definitely opened my eyes to the world of gold. The percentages seem better.
@fauxpainter2000
@fauxpainter2000 4 месяца назад
gold coins, gold bars, all different shapes and sizes. a solid foundation, and more variety to look at when I want to visit my gold.
@ikkyucrow6137
@ikkyucrow6137 4 месяца назад
Haven't bought any gold this year, focusing on some overdue home improvement projects instead. But I'm glad I got in my purchases last year so I can still enjoy watching it go up in value.
@ebhendricks
@ebhendricks 4 месяца назад
just bought my first pre 33 gold - which seems crazy to me as I started this journey 20 years ago as a coin collector - not stacker.
@SRQGuitarGuy
@SRQGuitarGuy 4 месяца назад
Gold never grows old, keep it in your fold, choose when it should be sold. Started stacking in April of 2020 then got serious in 2022 so my buying is when I can, no matter the price of Gold.
@jksurveyer
@jksurveyer 3 месяца назад
Suze is off building or has built her bunker loading up on supplies and has her security guarding her, wait until the shtf and then let's hear what she has to say.
@cgb1395
@cgb1395 4 месяца назад
Just started my stacking journey, got the gold bug now!
@benzel_8316
@benzel_8316 3 месяца назад
Always encouraging hearing 2 is 1 talk about Gold when MS personalities says other wise 🙌🏽🙏🏽🤙🏽
@CraigFeinberg-fk9gc
@CraigFeinberg-fk9gc 4 месяца назад
My feelings on this is that one should stock up on gold fractionals if they believe that stuff would hit the fan, and if you are saving gold for the long haul, then 1oz coins are the way to go.
@Mullcat
@Mullcat 4 месяца назад
No one can predict the supply and demand for gold but the charts over the years point up!
@nrwalsh
@nrwalsh 4 месяца назад
This is the best Gold youtube channel going!
@72cmcinc
@72cmcinc 4 месяца назад
I was saying right along with you....nothing changes! I won't listen Suze talk about gold, just like I don't listen to what celebrities have to say about what is right or what to do or who to vote for, etc.!
@2is1gold
@2is1gold 4 месяца назад
🤜🤛
@DWizz-ns8xk
@DWizz-ns8xk 4 месяца назад
Yeah, at this very moment, Costco has a 1oz Lady Fortuna Pamp bar for $2,389.99. Gold spot is $2,355.77. If you have executive membership you get 2% off Costco's price and other 2% if you have/use their card. 1oz Gold Eagles and Buffalos are the same price and Mables $10 cheaper. But the last 3 are not currently available. Only the gold 1oz Pamp. 10oz silver Royal Canadian bars are about 0.80 less than spot price after -2% executive membership price. GOLD!
@erichammond2466
@erichammond2466 4 месяца назад
I've learned so much from listening to your channel. Personally, I like gold 1oz coins and have disciplined myself to purchasing on a specific schedule regardless of the price. I like the 1oz coins due to them being recognized by a broader audience if/when I sell. As far as Susie, Dave R, and Mr Muffet are concerned they can suck it.. lol Gold is king..they own it but don't want the masses buying because they would not make any "commission" from the purchase if you were dealing with any of their "recommended financial" advisors. Keep this channel going and let's watch the membership grow!!!
@bhoward9378
@bhoward9378 4 месяца назад
I mostly stack silver eagles, but supplement that with a fractional gold coin each month. I don't really care about the relatively high premiums because I'm in it for the long term and the price increase will exceed the premium over time. Gold for the win.
@Mr1MOA
@Mr1MOA 3 месяца назад
I've been buying Gold for the last 4 years, steady and periodically getting 1/4 oz when I can put forth the extra cash. Mainly fractional, but have a few full 1 ounces, even with the fractional I looked for low premium Gold and can say I'm pleasantly surprised. Slow and steady wins the race!! BTW, I don't really like bars either, but recently offloaded some bars when I bought the dip years ago and getting some Pre-33 Gold.
@Marf-yt
@Marf-yt 4 месяца назад
I like Gold because it doesn't take up much space.
@goldensadventures1229
@goldensadventures1229 4 месяца назад
Buying Gold on a regular habit is always the goal but I will add that with the gains since the first if the year my buy has slowed dramatically
@AY-qf4pg
@AY-qf4pg 4 месяца назад
My local dealer, which is youtube famous, sells 1 oz gold bars for 1% over spot and buyback for spot. 1 oz gold kangaroos used to be 3% over spot but have risen to 4%
@homesteadaquarius
@homesteadaquarius 4 месяца назад
Seems like Suze and Dave drank the same Kool Aid. I am still buying my normal safe amounts of GOLD Great quote!
@rickmuir1145
@rickmuir1145 4 месяца назад
Gold .. Love the Chanel, Rick from Australia
@nebniab
@nebniab 4 месяца назад
Currently on month 5 of buying a 1/10 oz of gold. I figure once I fill a tube I’ll transition to 1/4 oz a month. Not sure how I ended up here, but I’ve been enjoying the ride.
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