This video was spot on. I’m currently buying some fractional every month. Roughly 1/10, .12, or .18 oz coins at the lowest premium. Fits my budget. 2 months into a 20 month challenge. Thank you!
Great vid am still buying on a schedule every month and dollar cost averaging on sovereigns is mad have paid over 500 quid for sovs today but they will go higher 👍👍
I've a video due out in the near future with a large part of the stack. Logistically very difficult to get a full stack video these days but I think you'll enjoy
Here is a fun fact: Did you know old ex-circulating coins that contain silver are not classed as an investment? You can own as much silver in the form of old coins like pre 1947 British coins and pre 1965 US coins that contain silver. If someone is out of work claiming Universal Credit you can own as much of these coins as you like. Isn't that crazy? You could be sitting on several tens of thousands and the DWP don't care.
@Sovereign Saurus As an American, the funny thing is that my entire gold reserve is foreign; 1 oz National bullion and the numismatic Sovereigns, Marks, Lire etc. I've found that most dealers here will turn their noses at foreign, only interested in Eagles and Buffalos, the other dealers will super low-ball you if selling to them. Do the UK dealers have this same attitude when encountering coins from outside the UK?
@@lamarravery4094 Not that I am trying to sell, but after inquiring, it would be harder to unload my foreign gold from the 1700 and 1800s to a local coin shop... always better prices when buy/selling peer-to-peer.
It's an interesting thought.... there is a channel called MBMM LLC and from what I can gather the guy is making small scale mining set ups and with the way prices are going it is probably getting more and more likely to be a viable idea
Im buying fractional each month. Wish I earned enough to buy large but 1/10th oz gold and 10oz silver and if spare I'd be able to get 1g or 2g extra gold.
It's better to be an informed buyer and understand the gold market movements to buy at opportuned times instead of buying on set schedule (1 or 3 months intervals) willy-nilly. DCA is not a good strategy in my book.
@@SovereignSaurus Then the better advice would be to educate oneself to make prudent investing decisions. The thing is, even if you get it wrong it can't be any worse than stabbing in the dark with DCA. And if you get it right, you tend to be better off.
