Wow! This is incredible. Im into precious metals for the long term. A 25 year plan till retirement. But my question is should I buy gold when price drops when there’s no crisis or just buy whenever and whatever the price if I am in it for the long term? Thanks
It’s great if you can buy during those times. Times of so-called “dips”. But it’s hard to do that and time it just right. So what do I do? I just buy consistently regardless if it’s up or it’s down.
The legend says that the Aztecs left their home to look for a place to start a new life. Their god had told them to find a lake where an eagle with a snake in its beak would stand on a nopal cactus growing from a rock. That would be the place to build their new city.
Silver will get lighter as the price goes up. The get out of dodge scenario where you have to leave everything but your gold, is silly. If it gets that bad, I will load up on my gold, and lead and copper and brass. You will need silver for day to day. Fractional gold is not that great! My gold will be used for buying opportunities and higher the weight coins will be much more useful. Silver at a much higher price than today, will serve the purpose of fractional gold and you are able to buy it cheaper today. Premium coins, IMO, is a waste of money/fiat. You might consider pre-33 collectibles. The premiums are real and hold over time.
@@EmpirePreciousMetals Well I'll join by than, you know, I always wanted to put more $$ in metals than I did, I do love looking at silver more than gold believe it or not but gotta work on my gold, I'm a big sucker for slabs kinda just fell into the romance of 'em so that's another reason I wanted to Vault was to off set my slab premium.
Can't argue with the number 1 asset by market cap and thousands of years of history. I did buy some silver but i'm unloading it once it hits a price point.
Since my silver position is complete, I’ve been concentrating on gold (and some platinum) the last few years. Something special about gold. 50 Peso is a good choice! I remember getting a few of those for $1700 a piece. Must have been 5 years ago or so. Anyhow, keep up the good work 👍🏼
@@EmpirePreciousMetals Yes! $104 would be a great price today. Regardless of price, I’m sure we’ll continue to swap fiat for the real thing. Just received a 1oz Britannia, 1/10th Mercury design (from the mint) and waiting on a 5g Pamp Year of the Ox. It’s interesting, I don’t see much carded gold on RU-vid but I enjoy filling up those 25-card boxes. Everybody’s different..
That is an INSANE amount of gold you have accumulated over a couple years I don't know what kind of job you have that you're able to purchase this much but power to you my friend !!!
Hi Cir Gold! Good to see ya over here again. I’m actually a teacher. As you know, teachers aren’t known for being paid a ton of money. I have accumulated this from my side business which is buying and selling silver and gold.
@@EmpirePreciousMetals DANG I must be doing something wrong I do the same thing only now on a lower level than I used to due to poor health I buy scrap gold and silver jewelry and the wearable jewelry I come across I resell plus used to do repairs but can't anymore !!
My friend, everyone should have a side hustle. I get a pretty good retirement benefit, but I also deliver flowers now as my side hustle and most of that feeds my addiction..... Gold and silver
@@EmpirePreciousMetals Haha my wifes Dad was a teacher, and I was gonna be one but wasn't a good studednt so stayed a bartender, lol, plus I can barely handle my own adhd.
@@EmpirePreciousMetals That is huge! I'm a "paycheck stacker" myself and I'm even in the top middle class here and probably havent got quite as much gold. But as you say one need to get a side business! Perhaps I will continue what I've tried. It all started out I spotted 4 foreign vintage (70s) gold coins in local auction lot that wasn't mentioned or pictured very well. I won the lot at 260% the estimated price. One other bidder that high, probably spotted them too. I was willing to go to 100% of spot (inkl. fees) for the gold coins as there was other coins and some even silver and I figured I'll try to sell the rest of the lot - got for like 88% of spot. Now it seems quiet for the summer but with what I've sold I've just passed 50% of spot (on the buying time) and still need some silver and numismatic coins to sell - one even from 1665. But as said it seems to have gone quiet for the summer or it is people not having so much money because of inflation so I'll probably wait a little before trying to sell again - at least on Facebook auctions. However I've learned a lot and I'll sure keep an eye out for interesting lots from the local auction house - also lots that doesn't contain gold if I figure it's worth the efford selling most of it individually. The numismatic coins has been quite a bit of the value sold so far - more than first anticipated even though I started auctions on "pennies" starting value. I really only counted the silver to be worth a significant amount but that I've taken up to revision. The silver left to be sold is vintage national and legel tender commemorative coins. But at the time being it seems they're having a hard time even fetch scrap value - so that is the reason while I'm holding back. Should I be impatient I can always just sell them for scrap - easier and faster than shipping them to cheap skates wanting them below silver price - and most of them are even in quite nice condition.
after my first 10 ounces of silver I realized this is going to get ridiculous and won't even have the space to store it so I stopped and switched to buying gold exclusively. Looking at a 1/10 ounce coin and realizing it was equivalent to those 10 ounces you kind of have to make the switch if you live in a small space.
I got that same goal with the Buffs and AGE but i need 8 AGE and 2 Buffs I think 10 and 10 are a good number for those. At one time i had a whole tube of AGE but sold the whole tube to fix up a property....Kind of stupid I had the worthless fiat but chose to sell the gold....well that was years and years ago we live and learn, right?
Carrying silver kilos around in a crysis is a No-No for me! Having 10 millions in the Bank, but not being able to withdraw 10.000$ from ATM in a SHTF situation like Ukraine today is No-No for me!
Fantastcic collection, Stormy. I stack silver 1oz most (90% is silver 1oz bullion coins), but I thought about fractional gold as well. Would you suggest 1/4 or 1/2 oz to stack if you can put aside 500$ ?
Also check out mene gold. It's 24k investment jewelry gold and platinum. Really fair prices and it's nice to be able to wear and see your gold every day. I got a 24k gold chain from them and was blown away. Btw I don't work for them or anything I'm just a random excited gold bug. 😎
The 50 Pesos in Spanish is called a "Centenario", because it was first minted in 1921 to commemorate the 100th anniversary (centenary) of Mexican Independence. So the 1821 on the coin is the date of independence, not the first date of mintage. The second year is the date of mintage. 1947's are restrikes, which are made even today. Pre-1947's were made for circulation and can carry a slightly higher premium because of their lower mintages, especially those from the 1930s
Regarding 7:17, the Eagle perched on the Cactus with a Rattlesnake in its beak on an island at Lake Texcoco is from the famous Aztec prophecy that told them that was the location to build their capital city, Tenochtitlan. Tenochtitlan was ultimately conquered by Spaniard Hernán Cortez who renamed it Mexico City.
Selling a 1/2oz proof Liberty in MS condition, you're not just going to go to the local coin shop and get it's true worth. They're going to wanna give you pennies compared to it's real value. My MS70 1990 1/2oz. Gold Liberty is worth far more than spot... or even a couple hundred over spot. It'll take time to sell it for worth.
Then that's not it's true value. Value is based on what people will pay for it. It's value is the gold any numismatic value is not true value and quickly diminishes in a poor economy. Numismatic vs stacking, two different beasts.
It has been a good gig, huh? Truly, you have been able to accomplish a smidgeon of the American Dream in two years and as a side gig. You have an idea, you take some risk, you put the idea in motion, you grow it, you improve on it, you learn from it, you’re aware of your surroundings, and you carefully watch and understand trends. It has been fun to watch. I salute you.
@@EmpirePreciousMetals so far were right because silver is not return to that 29 $30 mark. my gold is up $100 to $200 an ounce. Added to my $1,300 gold
@@pauld8790 Nah. The ratio is to high. Gold is way to expensive right now. When it returns to the $1,600 range it will be time to buy gold but right now you will have to sit on it for another 5 or 6 years before you will get your initial investment back.
You sound quite young to be so knowledgeable. 👍🏼👍🏼 How many years did it take to acquire 46 Oz. I'm 60 and started gold and silver stacking in 2016. Don't laugh, only have 4 oz. I think I'll stop and enjoy my retirement. Lol thanks for sharing
I’m 42. I bought my first 4 oz in 2006. Then I started really stacking in 2017. So essentially it has taken me about 5 years. Although since January of this year alone, I have purchased 8 oz.
I absolutely love that Mexican coin you bought today! It's a beauty! I have been buying a few dos pesos and looking for more! Great job brother! Oh would you buy gold at 1,995-2,000$ or wait and see if it drops a little?
I also prefer have fractional gold ( even though I have less than you ) for several reasons despite the slightly higher premiums, budget and save the $$ somewhere else, funner, easier to sell, easier to move, can own more if it, don't gave to obtain or get rid of too much at 1 time, I almost exclusively like 1/10th gold, and for the libs and pandas I love the 1/20th despite the premiums and slabbed if I really wanna spend like a drunken sailor.
May it be the first Roo of many! I am an Aussie, though I live in Asia, so a little biased, but I think the Perth Mint produces nice coins, with the Aussie Kangaroo being the most iconic - cheers!
I have a question for you. Why coins? Bars are cheaper. Just curious. I'm more towards the beginning of my journey and i kind of debate on which direction I want to go as far as bars vs bullion. Thanks 😎
Is this THE Art Vandelay, the famous importer exporter??? Bars don’t have as much demand for them. When you go to resell, they have a far lesser value than coins. Coins are more common and more sought after.
If you are prepping for SHTF scenario, do not buy fractional gold. Buy ammo instead and plan on using or bartering with it for smaller purchases. No point in paying a higher premium for fractional gold.
I don't get that mindset. Everyone who owns guns and prepps has stacks of popular ammo. Seriously how much shooting do you think will be going on. The wild game will be shot out in the first month, and gangs would already be formed and running different parts of the country. Alcohol, medicine and drugs, silver, gold, copper, lead, tools are all going to have value. I am a good shot and I think I have plenty of ammo to defend what is important to me not to mention other nations will be importing ammo and funding different militias for their own gain.
We have 400% inflation to go from existing prices. Gold seems to be a good idea, being it will keep with inflation too. Money supply plus spent (40% of which isn't even spent yet) = higher prices to match. It always does. There's not an exception , not anywhere on earth. In 1980 our last high of all 70s inflation (really started in 1960) had a massive increase in gold price by 1980. From 1976 to 1980 went up the most % . Similar to now and for the next 5 years. Gold stays stable while $ for sure won't during inflation. The money supply is both what is already spent and what is voted to spend. That amount is massive. In 2008 our entire money supply was 8 trillion $, now with both what congress voted to spend and what it spent it's 46 trillion. The inflation has a lot more to go. Only one way to stop inflation , it's the one and only way to stop it. And that is to stop printing more new money and spending it. And yet congress already voted to spend a lot more and is still spending it. They'll just pretend they care and want to stop it. But no , it's a lie they want to stop it. Biden called a reporter a "dump son of a bitch. Really he was asked about doing something about inflation. And he said ,, " Inflation is a great asset ,, more inflation , you dumb son of a bitch". He's calling for more, because government makes a lot of money off of inflation. So expect gold to reach 20K per oz. I do.
I'm trying to purchase at least 4 more 1/4th ounce Eagles before I dive back into getting a ton more 1/10th ounce Gold Eagles. Having said that, I'm still stacking Silver just as hard as ever. Just added 28 ounces to the Silver stack the other day. Keep stacking, and thank you for doing a full stack video. I really miss those from most of the long-time heavily invested RU-vidrs.
It’s a pain in the a$$ doing the full stack videos. And the last one I did, I not only did the full stack but the collectibles I had. Video got low views for some reason. Not worth all that effort if it gets low views.
Stormy, this video was nice enough to watch twice. I have a question for you… i’m really new to stacking, just in the last couple years now. At the moment all I know is the buying side of the equation because that’s all I’ve ever done. I don’t think I would know what to do to sell whenever that has to be done in the future. I have some pieces, particularly a couple of pre 33s, that I don’t really want to go down to the local coin shop to sell and maybe just get at spot. I would kind of like to make more on them when the time comes to sell, how do you do it and you have any suggestions? Do you think selling your gold on something like eBay is a viable option? And do you need some sort of certification or something to be able to sell gold?
Half Eagle. In my country there's a slang for a fast food which translates like - Half an Eagle with railway sleepers. Half a fried chicken with fries.
@@EmpirePreciousMetals sorry not real nuggets just the name of them it's called Australian Nugget 1/10 oz some call them Kangaroos has a Mama and baby Kangaroo on them !!
@@imcirgold yes, that is a great price for 1/10th. jump on that deal asap. just make sure they are all real because that to me seems like a very suspicious price.
@@Fanta.... I can trust him but I always take my gold to my coin guy he has a Sigma Tester ( I think that's what it's called ) plus I'm aware of what real gold is supposed to look like and the feel of weight for size !!
I have 15 (1) kilo gold bars and 5 (2) kilo gold bars,,, I was holding them and playing with them last night but then I woke up....😁😁😁 I really hate when I have dreams like that!! Absolutely Beautiful collection of gold brother!!!! I'm so dam jealous of you and believe me it takes everything I have to say that. You're very lucky family 👊 Sending mad respect from Cleveland, Ohio 👊👊👊👊 And if you ever need a babysitter for all them little babys just let me know, I'd be happy to help you out. And trust me you would probably definitely get most of them back!!!! 🤣
Thanks for your video... a very impressive Gold collection... I only have 15 ounces of gold in 29 coins, but I really like the ones I do have. I still have not got a Buffalo or an Eagle, but maybe one day... The prices have gone up so much that I may not be able to get any more.
Some great pieces in the stack there. Dead right about what you said about silver, I made a stack video when I passed 1000 oz and getting it into one place for even that amount was a hassle. Compared to the same $£ value in gold someone could walk around with it in their pocket. I love silver but gold is the obvious choice it seems, although if silver were to double in price and gold didn't move then maybe silver would be worth the extra hassle. 50 will be a nice round number to hit on your way up to 100 ;)
At the moment somewhere around 25 oz although I sold a couple of pieces recently that I wasn't as excited about, taking advantage of the higher price and bought back more sovereigns, somewhere around 70 of those, the obvious current goal is 100 sovs I reckon!
well I'd don't have that much the couple or so dozen oz of various sizes of gold makes me feel safe even if the values drop it hold better than most options. silver always takes a beating but recovers when economic recovery occurs which may take some time guys to be honest. I'm in it with ya as I got silver too. inflationary effects may push it down but eventually it goes up at least 2 fold everytime
@@EmpirePreciousMetals thanks. My silver coins were in such capsules. Did they lose their shine because they were subject to daylight? (Not direct sunlight)
Agree with your comments on silver. Just ordered a 3rd safe today just for my silver. No way I could grab all of that and carry it through a crowd of zombies. Perhaps I need to sell a bunch of silver and get some gold instead.
Scout Troopers have a TON more mobility. A couple of friends of mine who are still in the 501st Legion prefer the scout. You can sit, move around, and lift the visor up if you want to drink something.
