We are currently in a depression. The fed should be raising rates. But they know it will break the system. So they will probably cut and choose hyperinflation.
Gold baby gold! Now that's a table set worth some $$$$$! Ooooh interesting, I love a good trade! That gold will be easier to move, literally than that silver brick! Would you sell your gold, or any of it when it hits $3,000 / oz? Woah and a tube of gold too! I agree on the gold, think it'll be climbing hard for a while... Awesome you got your wife on board for the gold man! Good stuff, thanks for sharing man... Enjoy that coin show!
Ex: if gold is at 2500 and then it rises to say 2700 then if it does drip in mid September/October ti 2520 then I would be buying at a higher price that far down the road. Lots to ponder. Thanks 😊
I’m not a financial planner type either, but I might suggest you find the money to get the gold after it drops, regardless if the price of silver gets to your target price to sell it beforehand. If you’re right about gold going back up higher after the near-term fall, silver will rise correspondingly, and you could sell that ginormous bar then, maybe at a price even higher than your target in the very short term. Hope you can squeeze the funds for that, either way. Best wishes for good luck!
I’m a painter too, I just did a job of prime and painting an interior of a 3 car garage with 13 ft high ceiling’s. Used left over primer from a large commercial job and bought a mistinted 5 gallon bucket of eggshell paint for $30. Made bank on that job!
For sliver, buy coins and rounds.. buy premium for a hobby and only low mintage. Don't buy silver bars or fractional. Coins and rounds only. Gold is best to buy in coin form.. dealers hate bars and the resale is always low. Hunt low premiums and enjoy.
ITS ALL ABOUT THE GOLD. SILVER BULLION DOESNT REALLY DO IT, IT WONT MAKE YOU MONEY AT ALL, IT WILL PRESERVE IT WELL OVER TIME, BUT AS AN INVESTMENT GOLD ALWAYS WINS.
we are in a new age buddy where silver is needed ALOT for making electric cars and military stuff.... ww3 is literally at the corner you think goverments wont buy tons of silver to make the weapons
Great video sir those clear direct fit capsules for 10th ounce gold eagles are impossible to get here in England ive tried on ebay and amazon with no luck happy stacking sir from English Dave 😃
I don't think Gold will drop very much if at all. It may even continue to go up. $2500-2600 gold is likely quite soon. I'd never buy that much silver at one time. 10 - 1 oz coins when the silver price goes down is the best way. Time to buy silver is now. So if it goes up, then sell it & buy more gold.
Your trade is terrible. Silver will outperform gold in the long run. It will have its day sooner than you think. Gold silver ratio is not great. Definitely not the time for conversion.
$2 under spot seems criminal. But, you're right. I think $1 under on that bar might be your best bet in today's market. $32 would be a great time to flip it as you said.
My view is that we are going to have a stock market downturn. Bigger than a correction. This should pull down the price of gold. I suspect this will happen next year. Stack some cash and be ready for an opportunity if it comes around. Have patience to see if this opportunity comes. If you have no gold you should just be cost dollar averaging. Get some gold.