Ep.7 Season 2 - Buy and Sell Gold and Silver - How It Works and Expert Tips

Season 2 - Episode Seven
Join host Mark Yaxley for this episode of Inside The Vault, as he explains how to buy and sell gold and silver. He provides step-by-step instructions and expert tips to make sure that you understand the process for buying and selling precious metals bars and coins from your local dealer or online.
**Remember to SUBSCRIBE to our channel to receive all of our great videos**
SWP website: www.swpcayman.com
About Inside The Vault:
Join Mark Yaxley as he hosts esteemed guests and shares his expert tips on gold and silver delivered to you directly from inside SWP's Cayman Islands gold vault. Inside The Vault provides investors with insights and education about a variety of topics related to owning precious metals. You can follow SWP by SUBSCRIBING to our KZread channel or follow us on Twitter @SWPGold or visit www.swpcayman.com.
Season 2 Episodes:
Understanding Macroeconomics with Raoul Pal
Gold and Silver Market Fundamentals with Jeff Clark
Top 10 Precious Metal Products to Own
Buying Gold and Silver - Understanding the Spot Price, Premiums and Total Spread
Allocated vs. Unallocated vs. Segregated Metals
Platinum, Palladium and Rhodium in Catalytic Converters
Buy and Sell Gold and Silver - How It Works and Expert Tips
How to Keep Your Precious Metals Safe at Home
Season 1 Episodes:
Coins vs Bars - Gold vs Silver - Which one should I buy?
Gold vs Silver - Which metal is better to own?
Travelling With Precious Metals - Tips for the airports and customs
Shipping Gold and Silver - How to prepare a package for shipment?
Testing Precious Metals - Five ways to avoid fakes
Testing Gold Bars with PAMP Suisse's Veriscan authentication technology
Home Storage vs. Offshore Storage - How much should I keep at home?
Collecting Rare Coins - Expert advice on collecting gold coins
Storing Gold and Silver - At home, at the bank and in a secure storage facility
Going Global - Owning gold and silver offshorey for this special edition of Inside The Vault, as he meets with automobile expert Adam Lawson to explore the important roles of platinum, palladium and rhodium in catalytic converters. Catalytic converters are the #1 industrial application for the platinum group metals, as they help significantly reduce the toxic gases released by traditional fuel burning engines. The episode is filmed on location at Vampt Motors in the Cayman Islands.
SUBSCRIBE TO OUR KZread CHANNEL FOR ACCESS TO ALL THESE GREAT VIDEOS AND MORE
SWP website: www.swpcayman.com
You can also follow us on Instagram, Twitter, LinkedIn and Facebook: Strategic Wealth Preservation
About SWP:
Strategic Wealth Preservation (SWP) is an international precious metals dealer and secure storage provider headquartered in the Cayman Islands. We specialize in the acquisition and secure storage of precious metals for individuals, companies, trusts and wealth management professionals on behalf of their clients. We deliver precious metals worldwide to homes and businesses and offer secure storage in vaults located in the Cayman Islands, Canada, the United States, Switzerland, Liechtenstein, Singapore and New Zealand.
Thanks for watching and if you would like to purchase metals or store precious metals with SWP please visit www.swpcayman.com or email us - info@swpcayman.com

Пікірлер: 297

  • @petebusch9069
    @petebusch9069 Жыл бұрын

    I would love to see a video explaining how much the market needs to rise to cover all the costs of buying and selling. We pay a premium, shipping, and then will most likely get a low price when selling.

  • @tannerwhitney25

    @tannerwhitney25

    5 ай бұрын

    i see it as a long term investment, something you can pass on to your children when you die & have physical currency other than paper. hope all is well🔑

  • @baljinderpalsingh7003
    @baljinderpalsingh70034 жыл бұрын

    Thank you please keep the good work. Appreciate all your informative videos.

  • @RegulusVi
    @RegulusVi3 жыл бұрын

    One thing you did not mention about storing coins. Many people say that you must never ever touch the coins with your bare hands, otherwise they will lose value. What can you say about it? Should we keep the coins sealed in their original packaging for decades?

  • @theafkguy8779
    @theafkguy87794 жыл бұрын

    Love the content guys ! Keep it coming

  • @talmid915
    @talmid9154 жыл бұрын

    Thank you for the new informative video.

  • @thsilver2401
    @thsilver24014 жыл бұрын

    This helps a lot. New to all this.

  • @jeanallison2036
    @jeanallison20362 жыл бұрын

    I’m very happy to see this video, Thanks

  • @victoriouspauper8495
    @victoriouspauper84954 жыл бұрын

    good info to start out with.....of course, there is more......yet these our foundational.

  • @Juan_Doooh
    @Juan_Doooh2 жыл бұрын

    Lots of good info there, thanks.

  • @SWPCayman

    @SWPCayman

    2 жыл бұрын

    Glad you enjoyed the video!

  • @fiatdestroyer9716
    @fiatdestroyer97164 жыл бұрын

    Very good video! I will try and recommend beginner stackers to come here for information.🔥🔥🔥

  • @Rtcmanga_YouTube_Channel
    @Rtcmanga_YouTube_Channel4 жыл бұрын

    Thanks for the good information! :)

  • @startupsavages
    @startupsavages5 ай бұрын

    Great breakdown, love this investment option! #staysavage

  • @wickedcrypto6004
    @wickedcrypto60043 жыл бұрын

    Hi Mark I’m currently using McAlvany Vaulted app. Great video

  • @gertgeldfinger480
    @gertgeldfinger4804 жыл бұрын

    Very good overview! Thanks

  • @joea8650
    @joea86504 жыл бұрын

    Fantastic content!!!!

  • @rd9102
    @rd91024 жыл бұрын

    Great video, i love your channel.

  • @9javaldez
    @9javaldez3 жыл бұрын

    What is your take on MS70 and MS69 American Silver Eagle coins? I really would like your feedback. My 20 yo son joined a group that requires a monthly cost and ships a coin a month and these are the types of coins he gets.

  • @steventrautman7839
    @steventrautman78394 жыл бұрын

    Hi Mark great info. Thank you

  • @silverlover5817
    @silverlover58174 жыл бұрын

    Thanks for the video....

  • @GALTwarrior
    @GALTwarrior3 жыл бұрын

    I have enjoyed your videos a lot. I am wondering if an individual could buy a larger amt for the lower premium, then process that and resell it in smaller amounts?

  • @crispytrout

    @crispytrout

    2 жыл бұрын

    Depends how much you value your time

  • @DrSchor

    @DrSchor

    2 жыл бұрын

    Of course, don't be an idiot, that is how all marketing works. Buy a lot a wholesale, repackage, sell at retail. What could you not possibly understand about the most ancient buy and sell marketing technique in the world.

  • @TheGilbalfas
    @TheGilbalfas4 жыл бұрын

    Another great video. I always learn something. Keep them coming!

  • @crush42mash6
    @crush42mash62 жыл бұрын

    Excellent presentation, I do appreciate the time to share with less informed public like myself. My question is as a Canadian I’m trying to buy coins or bars online through auctions. I don’t understand why people are spending $2000 to buy 1 ounce gold plus the broker fee and selling the coin for $2300. They might make $150-$200 to flip the Coin or bar or is it better for them to sit on it and watch the market and then sell? I guess by making $200 per coin and you do that five times that’s 1000 bucks. It just seems like 200 bucks is small potatoes for going through all the risk and the reward for an individual coin

  • @MarcoHernandez-gi8bl

    @MarcoHernandez-gi8bl

    2 жыл бұрын

    Well what’s your end goal, are you buying to preserve your wealth or are you trying to make money quickly?Because there’s a difference between a stacker, who buys and holds on to their metals for years and years for wealth preservation or a flipper who buys a coin or bar and then resells for a profit rather quickly? Unless you’re just trying to collect then it doesn’t matter

  • @310sbell

    @310sbell

    Жыл бұрын

    the guys i buy gold from have a $50 mark up right now on bars and more on special coins. its not much but 3% right now is close to the annual interest rate for high yield savings and you make that in 1 transaction. nothing is small potatoes

  • @youknow9092
    @youknow90923 жыл бұрын

    I just started buying some gold to my silver stock and I think my next purchase will be platinum and palladium. Id like some of each honestly.

  • @juligrlee556
    @juligrlee5562 жыл бұрын

    Are there better or less better places to sell jewelry or get jewelry appraised?

  • @ownedbyc
    @ownedbyc4 жыл бұрын

    About a year, year and a half ago you could buy 1 ounce generic, some better gold and silver bullion below spot on eBay after a credit card rewards. 2% back + no CC fees + small premium. From reputable dealers like SD bullion, Apmex eBay stores etc. No way that’s the case now but it was an option around $1300, $1350 spot

  • @JohnDoe-zl6ph
    @JohnDoe-zl6ph3 жыл бұрын

    I'd love to have the stack to the left of him! 😂

  • @jefflwadfordjr.1128

    @jefflwadfordjr.1128

    3 жыл бұрын

    Yeah no joke.

  • @divineangelic2727

    @divineangelic2727

    3 жыл бұрын

    Thank you

  • @jaxonimmanuel6499

    @jaxonimmanuel6499

    3 жыл бұрын

    instablaster...

  • @DM-ed6ir

    @DM-ed6ir

    2 жыл бұрын

    One day lol

  • @carlobaun4131

    @carlobaun4131

    2 жыл бұрын

    @@jefflwadfordjr.1128 You buy golg sir,i have old jewelry to my grandmother

  • @firearmsstudent
    @firearmsstudent3 жыл бұрын

    How much do you pay over/under spot for 1 kilo, 10 oz, 5 oz and 1 oz gold bars? How about for American Gold Eagles versus Buffaloes?

  • @sassoenator
    @sassoenator4 жыл бұрын

    Hi Mark, thanks for the well presented videos. Can you share what is the 'normal' dealer buying process from regular folks like us? Say for example, a one ounce PAMP gold bar and a roll of Lady Liberty fine silver? Thanks!

  • @alexandermichael117

    @alexandermichael117

    2 жыл бұрын

    His info.is rubbish.

  • @chalbash
    @chalbash3 жыл бұрын

    Hi. Is it possible to buy a physical gold and then "lodge" it somewhere so i can trade with it online? IF yes, how are these "banks" or "organizations", where you "lodge" you gold, are called? Thank you for your help

  • @drip369
    @drip3693 жыл бұрын

    LCS with cash lol ( fortunately my local shop is also a jewelry dealer)

  • @reecevazey4278
    @reecevazey42784 жыл бұрын

    I'm in NZ and want to start stacking physical but not sure what is the best to have as my foundation silver I mean I'm not sure what's the liquidity of NZ silverfern or philharmonics silver eagles etc I don't want to have to much trouble when I exit

  • @tommywaldron6832
    @tommywaldron68323 жыл бұрын

    Any opinion on 7k metals?

  • @lydiawong4078
    @lydiawong40784 жыл бұрын

    Where to sell if the time is right .?

  • @goldengold8568
    @goldengold85684 жыл бұрын

    Can you buy directly form Canadian or Perth mint?

  • @silverspinner8516
    @silverspinner85164 жыл бұрын

    Great info. Do you mind me asking what’s in the white containers with the blue lids?

  • @markandrewyaxley

    @markandrewyaxley

    4 жыл бұрын

    Hi, thanks for the feedback. Those are just smaller 'bins' we use for clients just getting started.

  • @brianharrison1183

    @brianharrison1183

    4 жыл бұрын

    When will silver explode

  • @bribri6985

    @bribri6985

    3 жыл бұрын

    @@brianharrison1183 soon my friend... soooooooon

  • @andrewchia1996
    @andrewchia19964 жыл бұрын

    Hi Mark, can you talk about 22ct(.916) vs 24ct(.999) gold coins? I've always heard that 24ct is a better coin for investment and have a better resale value than 22ct. But some people do prefer 22ct coins for their durability and perhaps numismatic value.

  • @paganphil100

    @paganphil100

    4 жыл бұрын

    Andrew C: Both are good....the main difference is when you want to sell them because more people can afford to buy 22ct than 24ct so you have a bigger potential market.

  • @dowjones3687
    @dowjones36874 жыл бұрын

    This is gold man, thank you

  • @tentativefork8147

    @tentativefork8147

    3 жыл бұрын

    Gold and silver*

  • @fraxonthefurry21

    @fraxonthefurry21

    3 жыл бұрын

    Underrated comment.

  • @calebhindley1917

    @calebhindley1917

    3 жыл бұрын

    @@tentativefork8147 😂 very

  • @andrewwald6504
    @andrewwald65044 жыл бұрын

    Hi Mark, why not take delivery from comex gold futures? This should have the smallest premium.

  • @viperviperpiro
    @viperviperpiro4 жыл бұрын

    Great video.. do more video on platinum? Worth investing or owning?

  • @markandrewyaxley

    @markandrewyaxley

    4 жыл бұрын

    Thanks! We'll probably cover Platinum in Season III. Definitely worth owning as part of a well balanced metal portfolio.

  • @davidlee3254
    @davidlee32542 жыл бұрын

    Hey Mark I'm 21 years old and I'm looking into buying silver bar which oz of silver would you prefer to start off with.

  • @SWPCayman

    @SWPCayman

    2 жыл бұрын

    Hello David, Check out the following videos: kzread.info/dash/bejne/Y6x52pKyn6fSh84.html & kzread.info/dash/bejne/op2s1ayhY9afXbw.html.

  • @davidlee3254

    @davidlee3254

    2 жыл бұрын

    @@SWPCayman thank you 👍

  • @chrism7275
    @chrism72754 жыл бұрын

    I have 35% of my total assets in gold because very simply there has been nothing else to buy.

  • @jondough7823

    @jondough7823

    4 жыл бұрын

    35% is perfectly fine IMHO, I'm not a financial advisor or anything and am only holding roughly 10% in PM's but would like to increase that to 15%-20% over time. I don't believe there is a perfect number for everyone, and many people don't even believe it's a smart financial move to own gold/silver as they may be all about generating cash flow. I obviously disagree with that and feel that gold and silver should make up at least a small portion of anyone's portfolio but who am I to tell anyone how to invest their money. Although, I certainly wouldn't say there is nothing else to buy! You only mentioned gold as well, but what about silver, platinum, etc. as far as other metals go? Not to mention that many securities have outperformed gold by huge margins. I suppose buying stocks is much more of a risk, but many other investments have significantly outperformed gold as well. Of course, I don't know what your other 65% includes, but hey to each their own! I am just thankful that I got into buying PM's, although I wish I started much sooner, I plan to use my earnings from other investments to continue buying more metals though, especially now, where the stock/housing market's days are numbered until they come crashing down and I believe PM"s will see massive price increases. Anyways, no disrespect or anything intended, I was just curious!

  • @wingbutler2699
    @wingbutler26993 жыл бұрын

    When you sell. Is there a chance that a broker would deny the sell/purchase of my silver?

  • @TheAriaFans

    @TheAriaFans

    3 жыл бұрын

    nah not really. gold and silver is as liquid as us dollars.

  • @SheepDog1974
    @SheepDog19744 жыл бұрын

    What is your sell back rate? Spot? Given that you would profit on the sell side, or do you hit both ends of the deal... ?

  • @liqurmeup

    @liqurmeup

    4 жыл бұрын

    Your going to get hosed when you sell. No dealers paying you any premium. They wont even pay spot. Think about that and make a smart choice of finding another investment.

  • @firearmsstudent

    @firearmsstudent

    4 жыл бұрын

    @@liqurmeup Have you sold and if so can you tell your story?

  • @well.thy.one.

    @well.thy.one.

    4 жыл бұрын

    LiqurMeUp lol they will Pay over spot sometimes...and you do know spot can go up, right? You also know that gold and silver were the foundation for currency/money as we know it and the world is awash in debt and printing absurd amounts to keep markets up.

  • @liqurmeup

    @liqurmeup

    4 жыл бұрын

    @@well.thy.one. the world is never going back to the gold standard. The powers at be wont let it. The world works in debt. At least for the foreseeable future.

  • @EDC.EveryDayCode
    @EDC.EveryDayCode2 жыл бұрын

    I'm just wondering how hard it would be to sell, IF you happened to buy years ago and sell at a major peak? (like Rhodium is right now?) Do you think there are many companies that would buy your Rhodium for something like 18K/ounce currently? I had a bank offer WAY below spot price when I sold silver back to them but it was during that 49$ spike. Banks will rip you off.

  • @EDC.EveryDayCode

    @EDC.EveryDayCode

    2 жыл бұрын

    The whole idea is to buy low sell high, (sorry duh) and when u sell a stock, it's just a click. But when u sell PMs (at great overvaluation times like now for Rhodium) it's harder to get spot price.

  • @leonelsansores4823
    @leonelsansores48233 жыл бұрын

    Could anyone recommend a fully trusted place at Mexico to buy Silver & Gold?

  • @peterlewis3715
    @peterlewis37153 жыл бұрын

    How do ya find a reputabke dealer, u tube, yellowpages?

  • @SWPCayman

    @SWPCayman

    3 жыл бұрын

    It is up to the client to do their due diligence, by reading reviews and commentary on the company.

  • @Skwertydogs
    @Skwertydogs3 жыл бұрын

    Is the sale of PM taxed?

  • @richardg8135
    @richardg81354 жыл бұрын

    Hi ! good video but i wonder if there is a Mega drop in the market or the spot price (silver or gold) like we did have a few weeks ago, will you honor the transaction (lock price) or will you simply cancel and refund the order ?

  • @SheepDog1974

    @SheepDog1974

    4 жыл бұрын

    The house never looses!

  • @markandrewyaxley

    @markandrewyaxley

    4 жыл бұрын

    Once an order is locked, that price is guaranteed. We offset our trades immediately to limit any market risk.

  • @richardg8135

    @richardg8135

    4 жыл бұрын

    @@markandrewyaxley Thanks for taking the time to respond to my comment, it's appreciated.

  • @giselelombard1225
    @giselelombard12253 жыл бұрын

    why are some bars of silver more expensive than others if they all weigh the same?

  • @pinnacleplumbing7170
    @pinnacleplumbing71704 жыл бұрын

    You snooze, you lose. Spot price and futures are the tail wagging the dog. Bullion prices are the one true indicator for silver's real price per supply and demand... $20 an ounce at least right now and dealers are happy to pay you $18 a bullion ounce.... Better late to the party than not showing up at all. @ $20 an ounce...still looking @ a potential 2X earnings...maybe more IMO

  • @SilverMaroon
    @SilverMaroon4 жыл бұрын

    Premiums online have always been a little high even before COVID. I found you get better deals at pawn shops you just have to vet them.

  • @goldenbanjo197

    @goldenbanjo197

    4 жыл бұрын

    No way man! eBay is the cheapest. I used to get 10-20 bucks over spot with no tax. Pawn shops are a rip off. You have to look on eBay and buy from bullion dealers and look under the daily deals. It’s the closest to spot you can buy gold coins. Or at least it was before the pandemic. But it still is cheaper than the online prices at like apmex or JM bullion.

  • @SilverMaroon

    @SilverMaroon

    4 жыл бұрын

    @@goldenbanjo197 $10-$20 over spot is a terrible price you are shopping in the wrong places. Pawn shop I go to was charging $2-$3 over spot if you bought 5 or more.

  • @Miguelskytwins

    @Miguelskytwins

    4 жыл бұрын

    @@goldenbanjo197 EBAY THE CHEAPEST? LOOOOL

  • @goldenbanjo197

    @goldenbanjo197

    4 жыл бұрын

    MiguelSkytwins 91 well funny guy, I just checked and even though we are in a crazy premium time, eBay is still 100 bucks cheaper than buying at an online bullion dealer like apmex . So yes, gold is the cheapest on eBay. Has been for the last 5 years or more.

  • @Miguelskytwins

    @Miguelskytwins

    4 жыл бұрын

    @@goldenbanjo197 now I see the reason, you use american ebay, I use the brittish one, and believe me, you are lucky if you find something cheap on ebay... An example, the last 1/10 proof I bought for 155£, is on ebay from 242£ to almost 400£... I've found some bargains, but it wasn't easy

  • @packleader1215
    @packleader12152 жыл бұрын

    I just received a notification about Mike Maloney going LIVE about $10,000 and Insurance

  • @olegpetelevitch4443
    @olegpetelevitch44434 жыл бұрын

    My 2 Rottweilers and my alarm and me ! Good luck !

  • @charxmoon9495

    @charxmoon9495

    4 жыл бұрын

    Just busting balls, what do you mean by you? Martial artist? Man, keep those dogs safe, don't put them at risk. Can't put a value on loyal dogs😊

  • @kona887
    @kona8874 жыл бұрын

    Not sure if I got a deal but I got eight sliver coins for $200...I have two coins that were made 1946 as well...

  • @ZooMStrafes
    @ZooMStrafes4 жыл бұрын

    You said that typically 10% of your investments should be in precious metals. How much of your precious metal investments should be in each type of metal. Should you invest more in gold and silver than for example rhodium and if so why

  • @josephpurdy8390

    @josephpurdy8390

    4 жыл бұрын

    Over the past 5 years the gold silver ratio has been widing. I generally buy 1 toz gold for every 20 toz of silver. I am speculating that this ratio will narrow considerable in the future. Also, it may be easier to just save a set amount of cash. When you are getting close for a planned purchase. Look at the trends over the past 5-10 years on the spot price. Which ever metal has been trending the lowest is the one you buy.

  • @packleader1215
    @packleader12153 жыл бұрын

    "Guard my 1 oz coin with your life"

  • @milkspotscausemetospazzout6813

    @milkspotscausemetospazzout6813

    2 жыл бұрын

    🤣 funny but true 👍

  • @pokeraddict

    @pokeraddict

    2 жыл бұрын

    Bru only 1Oz

  • @1111orion

    @1111orion

    Жыл бұрын

    Yes yes... where do you keep it so we can help gaurd it!?

  • @ej2333
    @ej23334 жыл бұрын

    Don't forget auctions. Sure you pay a fee but it's still cheaper than a dealers premium.

  • @shafserious2805
    @shafserious28054 жыл бұрын

    Im 90% all in Gold. No debt Some cash Some savings. Bring on the crash! I definately dont want hand outs from the government! Dont insure your gold just make sure you got a weapon that you are willing to use if some asshole tries it!

  • @Theonetruegod-hw2ei

    @Theonetruegod-hw2ei

    4 жыл бұрын

    Shaf Serious you sound like a threat to yourself and people around you.

  • @MrTbiollo

    @MrTbiollo

    4 жыл бұрын

    @@Theonetruegod-hw2ei he sounds like a person who protects what he owns from the hands of thieves. What's wrong with that?

  • @Theonetruegod-hw2ei

    @Theonetruegod-hw2ei

    4 жыл бұрын

    MrTbiollo sure call it what you want.

  • @MrTbiollo

    @MrTbiollo

    4 жыл бұрын

    @@Theonetruegod-hw2ei That is one truly lame answer to a very simple question. Please try again without wasting more keystrokes.

  • @Theonetruegod-hw2ei

    @Theonetruegod-hw2ei

    4 жыл бұрын

    MrTbiollo I call you a threat. Plain and simple.

  • @olegpetelevitch4443
    @olegpetelevitch44434 жыл бұрын

    Perth mint ! ABC ! Some of the best in Australia !

  • @drip369
    @drip3693 жыл бұрын

    Sometimes I wish copper was considered precious

  • @77898

    @77898

    3 жыл бұрын

    Won't be long and it will be😄

  • @STEVEARABIA1
    @STEVEARABIA14 жыл бұрын

    When you sell, how do they usually pay you? What's the best way? Tax issues?

  • @greatindian276
    @greatindian2762 жыл бұрын

    My friend I have one doubt indian people purchase gold in online how to sold that gold in America market please give information about that

  • @CestuiQueTrustBeneficiary-KING
    @CestuiQueTrustBeneficiary-KING4 жыл бұрын

    MARK I'm trying to buy about 150k in gold bullion and 50k in Silver Bullion. Can you help me out? I know that you know someone selling. It would be amazing to just buy out someone's position on stored product.

  • @CestuiQueTrustBeneficiary-KING

    @CestuiQueTrustBeneficiary-KING

    4 жыл бұрын

    @Kyle Miller Because I own a Porsche Carrera 911 and it's way too fast already.

  • @CestuiQueTrustBeneficiary-KING

    @CestuiQueTrustBeneficiary-KING

    4 жыл бұрын

    @Kyle Miller It's Midnight Blue... Gorgeous...

  • @CestuiQueTrustBeneficiary-KING

    @CestuiQueTrustBeneficiary-KING

    4 жыл бұрын

    Not too mention Cars are horrible investments.

  • @well.thy.one.

    @well.thy.one.

    4 жыл бұрын

    USA KickUrAss shoulda bought gold instead of the porsche...and whatever other junk

  • @nillynush4899
    @nillynush48994 жыл бұрын

    Awaiting the Great Fiat Scheme Collapsing

  • @liqurmeup

    @liqurmeup

    4 жыл бұрын

    It will never happen. The whole world deals in debt. That's just the way it is and will be.

  • @petebusch9069
    @petebusch9069 Жыл бұрын

    I feel like selling will be a total pain in the butt and will be up against the used car salesman trying to get a fair price and whatever item I bring in will magically fall into that undesirable category for whatever reason they make up. Right now this is the number one thing holding me back from buying. Everybody talks about they buying process with not much on selling.

  • @Carolinapetroska
    @Carolinapetroska4 ай бұрын

    Wouldn't it be smarter to biy abroad where the sale's tax is much less than the French one for instance?

  • @SonsoftheElohim
    @SonsoftheElohim Жыл бұрын

    What about selling?

  • @michaelwescott8064
    @michaelwescott80643 жыл бұрын

    Why are premiums so high?

  • @SWPCayman

    @SWPCayman

    3 жыл бұрын

    Hello Michael, are you talking gold or silver. Silver premiums tend to be higher, as silver is more volatile.

  • @frankdimas7371
    @frankdimas73713 жыл бұрын

    Do you think buying 1oz coins off Amazon is safe?

  • @yedidyah-jedshlomoh1533

    @yedidyah-jedshlomoh1533

    3 жыл бұрын

    How I do it. 1. I look at who is selling and their % Positive feedback. If less than 99% NO. 2. I google the person/company. I check BBB standing if it is a company. Google BBB CompanyName 3. If he only has a few I never buy.

  • @frankdimas7371

    @frankdimas7371

    3 жыл бұрын

    @@yedidyah-jedshlomoh1533 thanks for info

  • @pinnacleplumbing7170
    @pinnacleplumbing71704 жыл бұрын

    Noticed there's not a lot on the shelves except for big bars...Dealers feeling the supply pinch everywhere... Silver to $45 w/in 12 months. You heard it here first

  • @janicenunn101

    @janicenunn101

    3 жыл бұрын

    Looks like you were right! Target now

  • @mamahustru
    @mamahustru4 жыл бұрын

    Max, can you please recommend a few online dealers in Europe?

  • @kima2219

    @kima2219

    4 жыл бұрын

    Im living in Germany and i have good experiences with proaurum.de

  • @salv02
    @salv024 жыл бұрын

    Jmbullion reputable?

  • @heatherb.4302

    @heatherb.4302

    4 жыл бұрын

    One of the best. Close to my entire stack came from JM

  • @EricOfBodomMan

    @EricOfBodomMan

    4 жыл бұрын

    I just ordered from them last week, shipping was fast and discreet. Overall I am happy

  • @RMokros

    @RMokros

    4 жыл бұрын

    Yes

  • @organicdudranch

    @organicdudranch

    4 жыл бұрын

    I have a friend who has tried to buy from them, most of the time they deliver ,but if your buying an "alert me" item its possible they could make you wait ,then send your money back . I like local dealers ,sometimes you will see them at local coin shows, i sell here and there, and i always sell for close to a dollar less an oz.on silver and about 50 dollars an oz. less on gold. i make good friends with most of my customers and we exchange cool info on the crazy globalists plans etc. I'm in Grand rapids Mi.

  • @brendenbellan6957
    @brendenbellan69573 жыл бұрын

    Whats online sites sell gold and silver that trust worthy?

  • @rnicholas2

    @rnicholas2

    3 жыл бұрын

    Provident Metals, JM Bullion and SD Bullion are three online sites I have dealt with in the past and have no issues with. I'm sure these guys are trustworthy as well.

  • @Jason81818
    @Jason818183 жыл бұрын

    SO IT'S BETTER TO HAVE COINS SAVED THAN COLLECT GOLD BARS ?

  • @coziii.1829
    @coziii.18292 жыл бұрын

    I get bulk 1 grams cause premium is low Then sell individually 15 or 20 above spot Boom I made money and no one knows till now .

  • @cryptoisthefuture2907
    @cryptoisthefuture29074 жыл бұрын

    Are there any reputable sources in New York you can recommend or elsewhere?

  • @USMCButtons

    @USMCButtons

    4 жыл бұрын

    Mario Miller Coin Galleries of Oyster Bay, they’re not bad guys and shoot pretty straight.

  • @glockman155
    @glockman1554 жыл бұрын

    Why do precious metal dealers only accept Bitcoin and not others such as Ethereum, XRP and XLM?

  • @Mapdotnowhere

    @Mapdotnowhere

    4 жыл бұрын

    Glockman 155 infrastructure isn’t there to support the other crypto’s

  • @USMCButtons
    @USMCButtons4 жыл бұрын

    If someones keeping any precious metals under their bed then I doubt they're really investing in precious metals. Under $10,000 is kinda ridiculous to say, if a person is stacking precious metals I bet they have a safe and wouldn't really trust someone else to hold onto something tangible like that.

  • @LawrenceTimme

    @LawrenceTimme

    4 жыл бұрын

    @w you say that, but tbh hiding say 1oz gold coins in different areas of your house could be much more effective than a safe. If you keep it all in a safe, they know straight away where the bulk of the metal is. They might be able to get into in in an hour or two and taking everything, if you hide bits here and there, they might think after they find the first bit that that is it, it can take longer to look than to break the safe sometimes.

  • @USMCButtons

    @USMCButtons

    4 жыл бұрын

    w Never said you should wait on purchasing a decent safe or wait to buy 10k+ precious metals. They are both investments, so I would recommend buying a nice safe and then the metals. I intend on having much more the 10k in my safe. I’m willing to take this chance though, so ultimately it will be up to you where you store your precious metals. Hope this helps.

  • @USMCButtons

    @USMCButtons

    4 жыл бұрын

    Lawrence Timme I agree with this as well, getting creative is never the wrong thing to do unless it’s a dumb idea.

  • @sujatashinde1012
    @sujatashinde10122 жыл бұрын

    I post

  • @roseturnur4665
    @roseturnur46654 жыл бұрын

    Johngold821 you are the best

  • @joeldoxtator9804
    @joeldoxtator98044 жыл бұрын

    Stacking dollars until the premiums come down.

  • @ahmadboudhak9369

    @ahmadboudhak9369

    4 жыл бұрын

    Might never happen

  • @joeldoxtator9804

    @joeldoxtator9804

    4 жыл бұрын

    @Gold Stacking There are other physical assets to invest in other than metals. If the inflation gets worse before the premiums get better I'll just stack something else of value. I won't be scalped by metal dealers.

  • @firearmsstudent

    @firearmsstudent

    4 жыл бұрын

    @Gold Stacking The inflationary pressure of new money creation is being offset by the current extreme deflationary pressure in the market

  • @geckster109

    @geckster109

    4 жыл бұрын

    You're not being scalped. Are you selling any of your stack at spot right now? So why would they?

  • @well.thy.one.

    @well.thy.one.

    4 жыл бұрын

    geckster109 right its just what demand warrants. If someone is willing to pay me $18 for a silver buffalo am i going insist on $15 because thats what spot shows?

  • @norajacob425
    @norajacob4252 жыл бұрын

    Very informative. Let me share my experience. I came across this company Orion Metal Exchange that introduces their members to the world of precious metals and also offer some great recommendations according to your finances and plan.

  • @lukeslc-xd8ds
    @lukeslc-xd8ds3 жыл бұрын

    So what value is gold, silver, platinum, diamonds, real estate, ANYTHING if things get so bad that NO ONE wants anything but food, clothing, and shelter? Just wondering.

  • @outthered
    @outthered3 жыл бұрын

    Buy some wearable bullion. It may come in handy some day in a pinch.

  • @aaronflair
    @aaronflair4 жыл бұрын

    Mark I would love to know your opinion on other countries precious metal bars and coins. For instance, I'm british and I invest in royal mint britannia as it is much easier for me. It can be hard to obtain american eagles or canadian leafs. What would be your personal opinion on these bars/coins plus others from different countries? Maybe a idea for a video? I always find your advise very helpful and I can trust your judgement.

  • @sammy2840
    @sammy28403 жыл бұрын

    Premium Quality Coin in Minneapolis is the Best! Call Bill Hemmer! Have been dealing with him for 25 years!

  • @saulespino2510
    @saulespino25104 жыл бұрын

    The reason , according to SWP of course, as to why NOT to buy from a pawn shop is because of " very limited product selection" , well you can certainly find a single gold or silver piece and get a bargain deal and go to another pawn shop and get another bargain and in short order you don't need to buy precious metals from SWP and pay their $$ premiums!

  • @jaydee5447

    @jaydee5447

    4 жыл бұрын

    Saul Espino ....You are correct Saul but most people are not sophisticated enough to know if they are buying true gold from a pawn shop. It’s one of the reasons why reputable dealers charge higher premiums, assuring true medal and thus true resale. If you are a sophisticated buying (and it sounds like you are) try estate sales. The best deals are found there.

  • @firearmsstudent
    @firearmsstudent4 жыл бұрын

    LOL I'd hate to have one of those 1 kilo gold bars be delivered to a neighbor.

  • @lamarravery4094

    @lamarravery4094

    4 жыл бұрын

    Silver and gold deliveries require a confirmed signature.

  • @wildone8397

    @wildone8397

    Жыл бұрын

    AUD $86,000... Around USD $55,000 gift for your neighbour 😂

  • @ianmckinney3446
    @ianmckinney34463 жыл бұрын

    In the UK we have to pay Vat on top of the premium on silver. One ounce of silver is £19 currently after premium costs and Vat it's £35 a ounce.

  • @kenmarcille9263

    @kenmarcille9263

    3 жыл бұрын

    That's terrible 😕

  • @Ru4444
    @Ru44442 жыл бұрын

    Why didnt he recomend the reputable website to buy from?? 😳

  • @macdaddy1291
    @macdaddy12913 жыл бұрын

    "especially in the times of crisis or ....pre-crisis" WTF is pre-crisis? The fundamental reason why markets react to crisis is that it is ALWAYS a surprise.....

  • @Anonymous-wy5dc

    @Anonymous-wy5dc

    3 жыл бұрын

    Now is a pre-crisis everyone knows it's bound to happen that's the pre part.

  • @coziii.1829
    @coziii.18292 жыл бұрын

    Why pay someone else for storage

  • @SWPCayman

    @SWPCayman

    2 жыл бұрын

    Hello Coz, Here is another video that may interest you, In this episode, host Mark Yaxley discusses the different ways investors can store their gold and silver securely, including at home, in the bank or at a private storage facility: kzread.info/dash/bejne/Z4t7j5iupbTRfLw.html .

  • @poboydeluxe127
    @poboydeluxe1274 жыл бұрын

    All buy no sell video.

  • @dudesmart3777
    @dudesmart37774 жыл бұрын

    Small premium? 🤣🤣🤣

  • @organicdudranch
    @organicdudranch4 жыл бұрын

    the caption says ,how to buy and sell, then the dude says the video is how to buy ? what about sell ???not going to watch a long vid when he clearly did not say it would include selling !!!!!!

  • @vanessa271

    @vanessa271

    4 жыл бұрын

    Thanks, I'm not going to watch then. I have never sold, but the US Mint website publishes a list of their approved buyers (by state) of their metals so I would think people can buy and sell at those physical stores.

  • @Its_steve_bro
    @Its_steve_bro3 жыл бұрын

    Can some shed some light as far as how to figure how to understand the graphs and how much potential income it can bring?

  • @coziii.1829
    @coziii.18292 жыл бұрын

    Less government knows and others the better

  • @SWPCayman

    @SWPCayman

    2 жыл бұрын

    Hello Coz, We do understand the need for privacy! SWP is a privately owned and operated precious metals retailer and secure storage provider head-quartered in the Cayman Islands. The business is classified as an Active Non-Financial Foreign Entity under the U.S.-Cayman Islands Model I Intergovernmental Agreement ("U.S. IGA"). As such, SWP is not subject to any U.S. FATCA registration or reporting. Furthermore, SWP has no reporting requirements to any local or foreign government or tax authorities.

  • @Denise-eb7vg
    @Denise-eb7vg7 ай бұрын

    Not much information about how to sell. I have heard it is not easy.

  • @benjaminlehman3221
    @benjaminlehman32214 жыл бұрын

    I buy my metals from SDBullion.com

  • @Stockcryptocritique
    @Stockcryptocritique4 жыл бұрын

    I would buy silver if it’s $5 ounce and I will invest $2000 now.

  • @well.thy.one.

    @well.thy.one.

    4 жыл бұрын

    Well sure

  • @silvergameofthrone

    @silvergameofthrone

    4 жыл бұрын

    I probably will be ok with -$37 similar to crude oil If u can find such idiot haha