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Would you consider selling your precious metals? 

the_islandstacker
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Welcome to my channel.
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#coincollecting #preciousmetals #coin #gold #goldcoins #ukcoins #coincollection

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1 авг 2024

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Комментарии : 39   
@nerduk1706
@nerduk1706 3 месяца назад
still buying, could be a mistake? but not as big a mistake as spending it on rubish! and I'n in it for the long haul!
@the_islandstacker
@the_islandstacker 3 месяца назад
I haven't bought anything recently, but good to be consistent 😀
@adp3965
@adp3965 3 месяца назад
Never sell until it’s life changing. Gold, CDE and QBTS is all you need 💰
@Viper4ever05
@Viper4ever05 3 месяца назад
Not selling until retirement or buying land. Our currencies will only get more debased over the years.
@beebob1279
@beebob1279 3 месяца назад
absolutely not. I would never sell my metals. It's a savings against collapsing currency. I'm continuing to buy.
@meteoman7958
@meteoman7958 3 месяца назад
If you are a stacker, then there is no emotional attachment to the gold, BUT, if you are a collector, you will regret parting with them.
@the_islandstacker
@the_islandstacker 3 месяца назад
I'm a little of both ☺️, hence why I was only considering selling some coins
@SweetLeavesXbox1
@SweetLeavesXbox1 3 месяца назад
Seen different videos about the fractional gold topic. Store owners worried about people wanting fractional only due to rising prices. 1oz just sitting around at shops, maybe 1 oz will be an online purchase only in the future. I cant help but stack 1/2 oz atm, im to impatient to save for 2300+ per purchase.
@the_islandstacker
@the_islandstacker 3 месяца назад
I mainly stack 1/4oz or sovereign. It's too much of an out lady for a 1oz coin
@coincollectingfun
@coincollectingfun 3 месяца назад
Big like 9! Excellent video and thank you so much for sharing!
@the_islandstacker
@the_islandstacker 3 месяца назад
No problems 😃
@listcheck
@listcheck 3 месяца назад
do not let it go anytime soon
@TwitchRadio
@TwitchRadio 3 месяца назад
O yeah, definitely... But only for assets and not liabilities but I wouldn't sell it all that's for damn sure😂.. Me personally I'm not only a stacker but I'm also a collector of gold and silver coins and my collection part of my stacking which is pretty big from doing it so many years I will never sell and that would probably pass down when I pass away but my many tubes of anything I have else other than my collectibles I would sell that in a heartbeat to get a nice piece of land or house something I don't have to make payments on hate freaking renting ... Anyways, that's my two cents on that topic... Thanks for your time and your take on this question.. 😎✌️
@the_islandstacker
@the_islandstacker 3 месяца назад
All makes sense, guess I haven't been stacking that long to have that much stored up. But with the value I have locked up in my coins makes me wonder if I should sell so I don't have as much exposure as about 25 percent of my savings ISA in my coins.
@TwitchRadio
@TwitchRadio 3 месяца назад
@@the_islandstacker yeah, it can be tricky.. but if I was you I wouldn't sell anything right now... there's a good possibility that by 2030 we could be looking at $60 per ozt at the very least but bull case I would say 100 to 150 is in the play book still... possibly more but I don't like being overly bullish and keeping a neutral stance when it comes to any trading activities... but yeah if there's something that you know will benefit you and your family and it will minimize bills so you can afford to invest more / save more, then it maybe a good idea but everyone has different goals and future outlooks... may I spent a lot of time in the government (military) and retired really early and spent the rest of my days studying economic conditions and trying to prepare myself and my family to come out of whatever hell is coming our way in a better place.. I even went as far as learning software system engineering and data analytics so I can make my own software programs to run true data and not the crap the FED feeds us... that's where I get these numbers from, anyways, I'm just rambling on at this point have a great day and keep up the good work😎✌️
@the_islandstacker
@the_islandstacker 3 месяца назад
@@TwitchRadio it's hard finding that balance between the 2, I hope you are right and thing do go up. But I'm always wary that if things get that way is there bigger problems in the world that the price of gold isn't relevant?
@TwitchRadio
@TwitchRadio 3 месяца назад
@@the_islandstacker that's %100 correct, but why do people put an emphasis on gold and silver during these times?.. I'll tell you, it's because after whatever nonsense happens gold and silver rains King in the rebuilding process and during for trade... overall it's a way to get your wealth through hard times and come out on the other end in a better position... That's why I tell people to stack not only gold and silver but food, water, and relevant supplies and have an end gold of getting out of the city and finding land at a reasonable price that you can bug out to.. or you can be like some people who fully integrate into a more Homestead type of situation... and I totally understand that most people can't do that, and it's kinda scary Caz those are the most desperate people... there's so many variables that it makes your head spin lol, but all we can do is prepare a little at a time and not only financial terms but overall Wellness for our family in case of any emergency or conflict that may arise and to try to position ourselves in the best Manner so we can come out of it better people and hopefully retain a bit of our wealth in the process...
@the_islandstacker
@the_islandstacker 3 месяца назад
@@TwitchRadio it's harder say here where I live in London, finding space let alone at a decent price it just crazy. But I would like to get out into more countryside type area at some point.
@shauncorless8965
@shauncorless8965 3 месяца назад
I've been telling folk to buy gold when it was £385 a oz and 10 sovereigns for £1000,I've made my fortune 😅😅😅
@the_islandstacker
@the_islandstacker 3 месяца назад
Oh I can only imagine at those prices 😜
@SilverStacker56
@SilverStacker56 3 месяца назад
I think it’s worth selling if you have a good place to put the money. If you have a goal or an investment opportunity, then yes, it’s a good time, otherwise I’d sit on it. If you’re afraid you’re gonna lose the opportunity for these all-time highs then maybe sell a little of it.
@the_islandstacker
@the_islandstacker 3 месяца назад
That's what I was thinking 🤔 just a selection
@silvermoneyphoenix1624
@silvermoneyphoenix1624 3 месяца назад
I just sold some gold to cover a recent big silver purchase. Probably use the extra to buy some BTC.
@the_islandstacker
@the_islandstacker 3 месяца назад
Oh interesting, personally I wouldn't swap gold for silver, would only do the other way round
@amsterdamkim
@amsterdamkim 3 месяца назад
Definitely holding and still buying certain coins such as the Tudor beasts….
@the_islandstacker
@the_islandstacker 3 месяца назад
I will as well, just the odds and sods I was thinking of selling down
@ScotsSilver
@ScotsSilver 3 месяца назад
Howdy and not gonna sell yet 👍
@the_islandstacker
@the_islandstacker 3 месяца назад
👍👍
@chrislumb963
@chrislumb963 3 месяца назад
Personally I am keeping my stack for the long term as I don't need the money at the moment and have other investments to liquidate if needed. If you want to 'rationalise' your stack to make it simpler then now is as good a time as any to sell some odd pieces. As someone who has paid of my mortgage at age 55 last year, it is definitely worth considering paying it off early if you can. The sense of relief that the house is yours and no mortgage or rent to pay is awesome! My gold is for old age if needed and if not then passed on to my family.
@the_islandstacker
@the_islandstacker 3 месяца назад
That's the thing I've been considering, I have 12 years left on the mortgage and been thinking of using the money to maybe pay off the second mortgage so I can clear down the larger amount quicker
@ibberman
@ibberman 3 месяца назад
@@the_islandstacker Whatever the interest rate is on your second mortgage, you just made as profit on the gold if you paid off the loan with it, plus any gold appreciation since you purchased it. Could be a good thing.
@pricematcher7842
@pricematcher7842 3 месяца назад
Good time to sell coins and bars you paid too much for, you know bad buys, or coins you shouldn't have overpaid for.
@the_islandstacker
@the_islandstacker 3 месяца назад
Trying to sell some silver as well, always pay too much with the premiums
@your-my-exp7730
@your-my-exp7730 3 месяца назад
Subbed
@the_islandstacker
@the_islandstacker 3 месяца назад
Great thank you for the support
@phx4closureman
@phx4closureman 3 месяца назад
*NO, I would not. Next question, please?*
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