I currently like silver and platinum. Gold is at about 93% of it's all time high. Silver is at about 45%. Platinum is around 40%. Also in my limited experience the premiums on silver can be partially recovered when selling. Dealers are paying above spot.

Silver, as you’ve mentioned before, gets heavy and takes up a lot of room for the value. But, if you’ve stacked anything at this point, we’re all ahead of most people.

@subaction

2 жыл бұрын

Ahead of most people? Are you expecting the collapse of society or something? We are discussing investments and how they perform.

@2is1gold

2 жыл бұрын

Yeah, most people have no idea about metals. Cheers!

@rjones2651

2 жыл бұрын

@@subaction Well, sure. If not society, then my own personal health. Didn’t realize this was such a rigid room. Carry on, amigo.

@toadrepublic

2 жыл бұрын

@@subaction Dude, you don't sound very nice. You can do better.

@edb3877

2 жыл бұрын

@@subaction I don't see that as a high probability but it's not impossible either. BUT... a serious debt-based depression seems likely, IMO. Hence, I stack.

Question: Why no gold bars? Can you do a video on the pros and cons of bars vs. coins?

@MetalBum

Жыл бұрын

Preference

@adamo36532

6 ай бұрын

Gold bars are way better because you pay less premium. Trust me when you are going to sell they will offer you spot or less no matter the coin. If they offer you more for gold eagles it will be marginal and way less than the premium you payed in relation to bars.

@apollogenerator9837

12 күн бұрын

He mentioned this in a different video can't remember which, but bars are harder to sell where he is, the dealers don't like them as they are harder to verify due to different dimensions among other things.

what a lot of people don't recognize is the silver supply isn't low because we're running out of silver. It's low because silver is not very profitable to mine and the demand can be filled through being a byproduct of mining for other metals. The years silver did go up we saw a dramatic increase in mine production as well, driving the price back down. I think it's a healthy purchase if you go with the mentality of being okay with holding it for 30+ years, maybe giving it to your kids. Or as a shtf scenerio. To those buying speculatively thinking there's going to be some massive shortage and they will 10X, they're going to be very disappointed.

@2is1gold

Жыл бұрын

Yep. That’s an extremely inconvenient truth for people spinning the tale. Cheers!

Amen to the deductive reasoning, always gets me where I want to go. I love this channel. No rebuttal here my friend.

Great job on your thought into this and comparisons of premium

@2is1gold

2 жыл бұрын

Thanks!

Hi from Australia! Love your vids man! Keep up the good content.

@2is1gold

2 жыл бұрын

Thanks!

Great video, thanks for your effort and knowledge.

@2is1gold

2 жыл бұрын

Cheers!

Love this channel!

@2is1gold

2 жыл бұрын

Hey, thanks!

Thank you for the info 😊

I enjoy your videos. I have stacked both silver and gold for a number of years. Several years ago the storage issues with silver caused me to give more preference to the purchase of gold. My GSR is 72.2 and I continue to work on getting it lower while continuing to stack less silver versus more gold. I also find the current premiums on silver to be excessive compared to the levels in the past.

@2is1gold

2 жыл бұрын

Yeah, if you've been at it for a while, the silver premiums feel even worse. Cheers!

@edb3877

2 жыл бұрын

My own GSR is very close to 90:1 in terms of silver ounces to gold ounces. Hmmm... does that make it a SGR? 🙂

Thoughtful analysis. Agree

My ratio (by value) as of today is 66% Silver, 25% Gold, & 9% Platinum... I've just been increasing my Gold & Platinum percentages since March 2020... I've long hit my Silver goals so I am even selling/trading some Silver but not until I can get $40+ per AG/ozt so I may be waiting a while. Good video, I am happy to see you touch on Platinum. Thank you as always!

Love your work

@2is1gold

2 жыл бұрын

Hey thanks!

I love the perspective given in this video

@2is1gold

2 жыл бұрын

Thanks!

Good call re: 1/10 eagles vs bars. The premium is nuts these days. I will say I have started buying platinum. In 2008 platinum was around $2,273 and in 2011 dropped to $1887. Right now it’s sitting at around $950. All for 1oz size. I think platinum is potential for some upswing so starting to stack some platinum as well. Too bad platinum is now used in cat converters now so price might not go up as high, but I feel it fits in. Pladium has its place for sure. Just my opinion. Once again great video with lots of food for thought.

Nice! Thank you kindly.

@2is1gold

2 жыл бұрын

Thanks for watching!

Ive always hated silver jewelry,but i love the looks of a nice silver bar.Im personally switching to gold and in my opinion having some platinum and palladium would be smart to stack a little if you can afford to do so just in case it skyrockets in price.Love your awesome videos and advise.

I have a fairly hefty stack of fractional platinum proof eagles , I must say they look very beautiful in my pile of gold . It's not for everyone but we buy what we like. Video was very nice .

Your point is spot on. Pun intended 😃. I stopped buying silver a year ago cause it just doesn't make sense to me. Gold is still my main target. Thanks 2/1.

@2is1gold

2 жыл бұрын

Cheers!

Premium and budget play a huge role for sure. Hard to beat gold all around. Great thoughts sir.

@2is1gold

2 жыл бұрын

Thanks Sal!!

I do and always have loved the look of silver. I used to like the price point too but I don't like the premiums. I have a lot of silver but other than a few collector coins I haven't bought any in over a year due to those premiums. I don't see myself buying any until the premiums pull back more. I own no platinum and don't expect that I ever will (in spite of its rarity) since it's not a monetary metal. I will keep buying gold, though. Since I'm here I guess that goes without saying. 🙂

@2is1gold

2 жыл бұрын

Ha, yeah, I had a hunch! (Why is there no "gold" emoji?)

@goldeneye70

2 жыл бұрын

In my opinion silver is more beautiful than gold, it's also the major monetary form of currency, it's always silver, not gold, but gold has an alurre of its own

@stevebrusseau3301

2 жыл бұрын

I think you are spot on. I have been doing the same with 1/4oz gold since it pulled back. Stacking 1/4 oz gold in a clear tube sure is purty compared to silver!

@niemoikein4330

2 жыл бұрын

@@goldeneye70 I agree silver looks better! Although 24k gold is also very beautiful.

Thanks so much for talking about Platinum. I've been wondering what your thoughts were about it as a contrarian investment. Although I've been at it for years it wasn't until I watched with regularity your videos that I really understood the premium aspect was more important than the dollar amount being spent. To that end AG it just becomes bulky and super heavy at a point. AU probably lowest premium, never really considered that til recently. PT I like the inverse relation to gold being that it's upside down price wise. I'll pick up a little on the dips and see what happens. Years ago I never really understood palladium, so I stayed away from it when it was about 250 an ounce. Still not partial to palladium, also rhodium.

Love the tenth and quarter ounce gold to silver comparison! I never thought of it that way, but it makes total sense. I mostly have silver, but I do have about 5% of my stack in gold, and a few ounces of platinum. I bought most of my silver when I could get it for 16-22 bucks out the door. I bought most of my gold when it was anywhere from $1,100-1,300 out the door. Bought a few ounces of platinum when I could get it for $900. When I say out the door, I mean premiums and all. Wish I bought more when I was younger and gold was $350 an ounce, and you could get an ounce of silver for less than 10 bucks! When I first entered the work force those were the prices. I didn't anticipate gold going up to over $2,000 an ounce. Or I would have bought MUCH MORE! Only bought ten ounces of gold, and 100 ounces of silver back in the early 2,000's. After that I spent my money on girls and fun!😁 I didn't wake up and start buying more until 2018. Which even now I look back and wish I bought more gold, silver, and platinum! I still buy these days when I see a dip in prices. Definitely try to get things that will have a numismatic value in another 20 years. Either way precious metals are one of the best investments I ever made!! Along with real-estate, which definitely paid off. I'm saving my stack for retirement, or if the value of the dollar totally crashes. Kind of like what's happening now. But to anyone that read this comment to the end. Remember to buy yourself shelf stable foods. Things aren't looking good in that department. Get it now while you can. I suggest learning how to put rice and beans sealed in mylar bags with DT earth and oxygen absorbers in five gallon buckets. Once you have a good six months of rice and beans, get some freeze dried food. It's guaranteed to have a 25 year shelf life, I like Nutrient Survival. It's packed with all the vitamins and minerals you need, and it tastes good. Anyone interested in buying it let me know? I don't have any affiliation with them. But I do have a 10% promo code that I got from one of my favorite KZread channels, Tactical Rifleman. EVERYTHING is going up in price, especially freeze dried food. Because of it's long shelf life, and convenience. If anyone is interested, respond to this comment and I will give you the promo code. Take care everyone! Keep stacking!!!🇺🇸🇺🇸

@2is1gold

2 жыл бұрын

I'd take some of that $350 gold too!

@americanpatriot6918

2 жыл бұрын

@@2is1gold If I could turn back time I would have bought so MUCH MORE!!😎😁🇺🇸🇺🇸👍👍

@edb3877

2 жыл бұрын

"After that I spent my money on girls and fun!😁" Glad to hear that you didn't waste time or money! LOL!!

@americanpatriot6918

2 жыл бұрын

@@edb3877 😁😂👍👍

@edb3877

2 жыл бұрын

@@americanpatriot6918 LOL! 😀

I’d never considered the fractional gold coins because of the premiums. I may have to rethink that. Thanks for your perspectives. Always well considered and thought through.

Your opinion on buying precious metals is the most level headed on YT. I quit buying silver back when the "silver squeeze" happened. They accomplished nothing but drove up the premium prices. Right now, I'm "trading" gold assets in the short term but not buying any more physical metals. If I had a choice between physical silver or physical gold right now, I'd buy gold for the very same reason you've mentioned, premiums.

Really interesting thoughts. I never thought about the 1/10th oz gold vs 10oz silver relationship. I like that your channel makes me think, and challenges my own beliefs.

@2is1gold

2 жыл бұрын

Thanks!

@brianstone4302

2 жыл бұрын

Indeed 👍spot on got me to subscribe this time.1/10 Gold vs 10 ounces silver.That’s where I have been for a good while.Left over cash only maybe couple cheapest ugly Rounds and don’t mind🙏

@edb3877

2 жыл бұрын

"I like that your channel makes me think, and challenges my own beliefs." Yes, that really is the best way to learn something new. If all we get is echo chamber noise, nothing new is ever learned and nothing we think is ever challenged. How boring is that?! More people need to consider this aspect of social media, IMO.

Great minds think alike; what you said is exactly why I switched from silver to AGE 1/10 coins.

Supporting my fellow content creators for the algorithm 🎉🎉🎉🎉🎉🎉

Silver and Platinum in the UK attract VAT (value added tax) at 20% were as Gold is VAT free and The Royal Mint coins are also Capital Gains tax free so Gold is the metal that is most tax effective for me. Love the channel and great discussions of current markets.

@2is1gold

2 жыл бұрын

Hey thanks!

@SovereignSaurus

2 жыл бұрын

Yeah, even though buying on the 2nd hand market doesn't attract VAT the premiums are higher to make up for it :)

@christopherwilson3763

2 жыл бұрын

Platinum is so cheap I think it's worth swallowing the 20% right now.

@SovereignSaurus

2 жыл бұрын

@@christopherwilson3763 Could be interesting if it rises back above gold

@edb3877

2 жыл бұрын

@@SovereignSaurus In the past, Pt was always priced higher than Au, so when Pt prices dropped below the price of Au, that was considered a screaming buy signal for Pt. Not so these days. Some of the Pt on the market today is mined in Russia, which probably is not helping get Pt to market these days. South Africa is the major Pt producer and produces over 70% of the world's Pt. Russia is about 12%. I've considered buying some Pt coins but can't come up with any reason to do this that are an improvement over what Au can do. That Pt and Ag are identical in appearance is also an issue for me, as I would be buying Pt if it had some unique physical character other than being more dense.

The important comparison was placing the gold 1/4 on the silver 10. Gold is much more portable and convenient. For me having enough silver to trade(make change)for a 1 ounce gold. The rest in gold. Great video again thank you.

@2is1gold

2 жыл бұрын

I traded two, 10 oz generic silver bars for a 1/4 oz Gold Eagle a few times over the years. It's a very dramatic difference (in mass). Cheers!

Good observation thank you..

Instead of the ASE I have ordered the Canadian maples instead. I’ve been ordering collectible silver coins with limited mintages lately. I’ve been keeping my eyes out for Gold since I don’t have any. The American buffaloes are gorgeous but we will see!

@2is1gold

2 жыл бұрын

Definitely better premiums than ASEs. Cheers!

Your videos are always great perhaps the best on KZread I love all three metals But encourage all to stack some platinum at least 10ozs

@2is1gold

2 жыл бұрын

Hey thanks!!

I agree that gold is the better buy as a tier 1 asset, but did you know that the largest gold mine in the world mines gold as a byproduct? I got started with silver but now that I know about 1/4 gold I don't know I want to go back. It doesn't really make sense, why buy a 10oz bar of silver and pay 30% premium when you can buy actual gold haha. Great video as usual!

Appreciate the video on gold vs silver with some pros & cons. I'm new to the precious metals, just a year into this investment. I have both gold & silver. Some pms veterans out there like David Morgan, seem to be pro gold in our current economic situation with crazy debt and fed's out of control spending. But he is a silver bull as are other veterans of the precious metals sector. The prices on the precious metals sector with a possible reset of the reserve currency from experts such as James Rickard range for gold by end of the decade at $20k to $50k+ per ounce, depending on the cover ratio of the decided amount of US dollars needed globally. I will believe that when it happens. Another expert on gold & silver being Lynette Zang prefers gold for preserving wealth, but is a big believer in silver for barter. Her range on silver during this decade is up to $600. per ounce. Crazy forecasts but a lot of these numbers include whether the federal reserve is trying to devalue or crash the dollar via out of control inflation which I do not believe they are trying to control. Thanks again, very good video.

I have mostly all silver (ASEs and 10 oz RCM bars) but have started buying gold. There is just something about gold that feels good. It has the "My Precious" effect from Lord of the Rings.

I picked up a 1/10th AGE again yesterday and the premium was lower than that of a 10oz bar for sure. There are a few 10oz bars in the $260-$270 range which aren't bad - but they aren't the bars I like to stack.

@2is1gold

2 жыл бұрын

Things have definitely changed. I went a lot of years choosing a 10 oz silver bar over a 1/10 oz gold coin because of premium. Have a good weekend, Florida!

I have a little platinum. Some facts; it is super dense, it won't tarnish or scratch like silver, and online it is 10-12% over spot right now, even with Platinum Eagles (my favorite). Yes, right now a challenge to sell if you wanted to. Mintages for 2020 Eagles were 8,177. Low mintages for most, as befits a rare metal. If I got more, it would be just those. They come in a lot of designs that are commemorative. Still, gold is primary and silver is speculative. You should get just one for your collection. I don't think you will regret it.

Agreed. Silver premiums have just been out of control. Just been buying Britannias and completing the Tudor Beasts. Outside of that, I’ve moved mainly to Gold Eagles and Gold Bars.

There are pros and cons for both metals depending how you look at it, for example, with the same $ you can buy more silver than you can gold, for some that's great, you have a bigger stack, after a while that might be an issue for transport and storage though. Pt I've never got involved with, gold is my focus but I do like silver and will pick it up at the right price

Hey 2 is 1 , Bullion Now channel had a live stream today and your channel was brought up a few times... the people writing in the live chat saying that a collaboration episode with 2 is 1 & Bullion Now would be Awesome, even the owners and the guys on the channel actually said if anyone can bring this to your attention... they even said they're fine with people "you" not showing the face and staying anonymous during the episode.. hopefully you guys work something out and do a crossover episode.. Have a great weekend Frank.

@2is1gold

2 жыл бұрын

Thanks Frank!

I have 4 ounces of platinum, 2 of them being platinum Eagles which I love. Also I finally got my first gold buffalo. 2022 year. It’s beautiful. Picked it up from my coin dealer last week.

I've switched to 1 oz gold coins because the premiums for everything else are insane

@2is1gold

2 жыл бұрын

That's where I'm at these days too. It's unfortunately the only place premiums are crazy. Cheers!

@edb3877

2 жыл бұрын

Most of my gold holdings are in AGEs and CGMs of 1 oz. weight but I also have several 1/2 and 1/4 oz. gold coins from these same national mints. Won't go smaller than 1/4 oz. due to the increasingly higher premium per oz. nature of the little 1/10 oz. coins and the minuscule 1/20 oz. coins. The 5-10 gram gold bars would be of interest to me if I was into stacking bars.

Great video 2 is 1...my LCS the bullion bank of Northern Virginia one guy Luvs platinum and I'm thinking 🤔 I need to add that to the regular stack....

Gold is always the target when I hit the coin shop, I also buy silver kilos or eagles (if priced right) but, those aside, I do have a self control issue when it comes to one special coin, Mercury Dimes. I really love Merc’s & they are probably my single favorite coin. I’ll never buy Roosevelt’s, but if you have a Merc, I’m your huckleberry-

Yes.

@2is1gold

2 жыл бұрын

Ha!

1/4 oz gold eagles make the most sense to my current situation. Also- would love to hear your cons regarding constitutional silver. Thanks 2is1

@2is1gold

2 жыл бұрын

Unfortunately, it's a bit of not having much nice to say (so I should keep my mouth shut) but in a nutshell, I think it's way too complicated to try to explain a higher value on a 90% coin when everyone knows them as being what they are: a quarter, a dime, etc. And they stink. 😄

@edb3877

2 жыл бұрын

@@2is1gold LOL! As if ANY form of silver was a bad thing to own. Personally, I like the US 90% silver coins and have a lot of them. Of course, they were purchased when silver prices were in the $14-$16 an oz. range and premiums were MUCH lower than now. Not buying much silver these days unless a really good deal comes along. For now, I am only buying gold.

Silver AND Platinum!! Both are massively undervalued!!!

Where is the link to the sale of your silver? I am curious to watch that one please and thank you. Enjoy your presentation style! Keep up the good work!

@2is1gold

2 жыл бұрын

Whoops! kzread.info/dash/bejne/c6l2qryjqL3Uf7g.html

@edb3877

2 жыл бұрын

@@2is1gold Thanks for the update on that. Have not seen that one, so should be interesting. 👍

I stack both, but stopped silver in 2020 as I have plenty of silver. I moved onto gold and see better value do to premiums etc. But Im also a heavy stacker of lead and copper lol. Brass for reloading too. lol

@2is1gold

2 жыл бұрын

🤜🤛

I have picked up a couple ounces of platinum as a speculative thing. Will pick up more here and there. If the alternative fuels thing takes off, it might be a hit. Gold is still the main objective.

@heisenberg3099

2 жыл бұрын

when airlines are producing their own hydrogen for national flights there won't be enough platinum in the world to fuel the hydrogen revolution along side electric. I'm definitely long on platinum as well.

@joelsway6470

Жыл бұрын

@@heisenberg3099 right batteries are too heavy, hydrogen fuel cell only option

I stack gold and platinum equally. I got out of silver completely; takes up too much space.

@2is1gold

2 жыл бұрын

🤜🤛

I buy platinum I stopped buying silver years ago mostly I buy gold but I do buy PGMs

I think I knew your answer here before I even watched the video. I believe you’re supposed to start stacking rhodium.

@2is1gold

2 жыл бұрын

Ha! Rhodium seems like a solid target. 😄

As for me, I’m mostly a silver stacker, but I do like diversity in my stack.

My strategy will be the same all year. Buy the gold. If I have extra I'll pick up some silver. But that's mostly for just tying up loose ends and completing collections.

Perhaps a point can be made for diversification. With gold as a monetary metal, silver as a dual monetary and commodity metal and platinum as a commodity metal a mixture of these means the chances are higher that there is always something in one's stack that is decently valued to sell if you need to. A weight wise 0.2 platinum : 1 gold : 15 silver distribution of one's stack seems good to me. But it also seems wise to buy silver and platinum with a higher margin of safety than with gold. As the gold to silver ratio is a little over 1 standard deviation above average and the standard deviation is about 30% of the average, the 30% premium on silver basically negates this trade.

Food, tools and other barterable assets are good too!

I was actually looking at getting some platinum just yesterday! Idk if I want a few eagles or a generic bar. Both have kind of high premiums

@2is1gold

2 жыл бұрын

I think the Platinum Eagles are ugly. Maybe that's why I'd look to bars. Cheers!

@americanpatriot6918

2 жыл бұрын

Instead of buying platinum eagles look at the new Royal Mints Tudor series. The lion of England is the first addition in platinum, and is much cheaper than the eagles. Plus it will have numismatic value. Just an idea to consider, plus, they really are beautiful coins!

@TheOldSchoolExpert

2 жыл бұрын

@@americanpatriot6918 thanks man! Appreciate the opinion. And I agree, platinum eagles are pretty ugly and uninspiring. Almost want to hold out for a redesign 😓

@americanpatriot6918

2 жыл бұрын

@@TheOldSchoolExpert I hear you brother! Just know that the Royal Beasts series first addition platinum coin is far more expensive than it was when it first came out. It's the first in a beautiful series, and they don't make many. So any series that you get the first addition of, especially platinum. Will hold a much higher value than your average Bullion coins or bars. It's always a smart idea to get a first addition coin when it first comes out. It's much more affordable that way. The juice is definitely worth the squeeze, if you know what I mean. 😎👍👍

@TheOldSchoolExpert

2 жыл бұрын

@@americanpatriot6918 you’re absolutely right. I was buying the Egyptian Gods series of 2oz coins for a while, getting them about $6-7 over spot and recently just sold them for like $30 over spot. The collectibles market is a whole other beast!

Currently I have the gold bug, can't get enough. Taking a break from silver.

@2is1gold

2 жыл бұрын

🤜🤛

No platinum but I'll buy when retail $/oz in >$1000. My silver to gold by oz ratio is 230:1 but I've spent equal amounts on both lately - Kilo bars and Buffaloes. Thanks

@2is1gold

2 жыл бұрын

🤜🤛

Gold is that wise old grandfather that you never tire of sitting next to and listening to. Silver is that young beautiful child that has yet to see their potential. Platinum is that volatile drunken teenager that gets tossed to and fro by its peers.

@2is1gold

2 жыл бұрын

Ha!

Nowadays, only resale value gets me into me of buying silver, and usually gold wins. Last time I found a kilo coinbar with a resale performance as good as Sovereigns so it became a buy, same benefit + the potential of silver. I am aware not to get to heavy on silver because of mobility and weight, storing 720€ in silver cost me 1kg of weight compared to storing 900€ in 16 grams of Sovereigns.

@2is1gold

2 жыл бұрын

The weight gets wild. Any significant amount of silver gets heavy fast. Cheers!

@freedomdog77

2 жыл бұрын

Resale performance is a great way to look at it.

@edb3877

2 жыл бұрын

@@2is1gold Yes, it does, but those who only have a couple of dozen ounces don't seem to get it that when one owns thousands of ounces this IS a substantial issue.

I'm new to purchasing precious metals and have a question. I looked at the premiums above spot for purchasing gold and silver. I see the premium for gold around 5% and silver around 30%. In the past was the silver premium a lot lower? How much do this premiums fluctuate?

Good morning from Texas. Great videos as a fellow combo metal stacker; kinda on a 10 ounce Bar goal… for the kids! PS: Thoughts on the Goldbacks? #video

@2is1gold

2 жыл бұрын

👋 Goldbacks are fun. Not sure about the utility yet, though. I did a video a while back: kzread.info/dash/bejne/h2ik1ZJ6ptm3hKg.html

I like how little room a 1/10th gold coin takes up to store compared to silver 10 oz bar

i've thought about platinum a little bit. kinda think it could be a sleeper asset. there are applications for the metal that could easily drive up its value. ei: hydrogen cars. I personally like gold cause if its stability and value and its a challenge to get. at least for me. I've been able to get a 10oz ag bar for 270 at my lcs. online dealers simply cost too much. 90% silver is nice as a collective/fractional medium or if you're prepper.

@2is1gold

2 жыл бұрын

🤜🤛

@edb3877

2 жыл бұрын

"90% silver is nice as a collective/fractional medium or if you're prepper." Agreed. I have a lot of US 90% silver coins and like them a lot. I bought these years ago when they were relatively cheap. Not so these days! Not buying much silver now because my silver stacking goal was completed in 2019. I only buy silver when the coins are really nice and available at a good price. I got 85 AU grade Morgans from a good friend last summer at a price that most vendors were charging for Morgan culls. That was the last silver in my stack. Will buy more if he makes me the same or similar offer. 😀

@briancallahan5673

2 жыл бұрын

If they get rid of catalytic converter is it’ll probably crash. But I bought 18 ounces in the last three months because of Russia. Russia and Africa are pretty much the only people that produce platinum and palladium. I had a chance to buy rhodium at $2200 an ounce and I said no and within a year it was at 29,000. I also have a few ounces of ruthenium witches way rarer than rhodium.

My current budget allows for me to get a quarter ounce of gold and a couple silver ounces per month. ($600+/-) but I know that I can do a little creative pruning of expenditures to increase that amount. Thank you for another great video. Forever endeavor my friend.

@2is1gold

2 жыл бұрын

Thanks! 🤜🤛

@nick000002

2 жыл бұрын

Same for me 1 Sovereign a month. Slow and steady wins the race.

@rjones2651

2 жыл бұрын

Your budget is almost exactly like mine. Any reason you chose that ratio? I am usually 95%-100% silver monthly, but am trying to increase my ‘yellow fever’, but not by too much.

@wdstauter8429

2 жыл бұрын

@@nick000002 I like Sovereigns as well

@jeremiah1059

2 жыл бұрын

@@nick000002 that's right. I COULD stretch my budget to the point where I could afford an ounce of gold a month but then I'd be relegated to eating Top Ramen and watching commercial television. I'm not going to lower my quality of life that much so I'm super comfortable with the quarter ounce a month. I may start buying 2 quarters a month with a little creative budgeting but slow and steady absolutely wins the race. Forever endeavor my friend.

with silver premiums going nuts ive been gravitating more to gold lately and really when it comes to gold the premiums are not that big of a deal. even though i just started stacking this year just off math standards here a 1/4 oz of gold is becoming a better buy that silver with almost a 5$ a coin premium attached to it. even bars are just getting to be to much. so ive started going gold and hope to hit my first 5 oz's sometime this year. my silver goal was hit last month but just gonna have to hit those deals now. also is the AGE worth it off that premium? i have perth mint 1/4 oz ones and a 1 oz brit which both are awesome coins and i know those will hold even past their premiums but with the AGE being about 120 over spot what is the usual return on those if for example i had to sell it tomorrow?

Thanks for answering my question about Platinum! I agree with you that while being undervalued, it just doesn't have the monetary pull that gold or even silver has. It is even more of an industrial metal than silver. Might as well buy steel or copper.

@2is1gold

2 жыл бұрын

Yeah, they aren't as shiny, but that's kind of how I see it. Cheers!

@keithinaz9769

2 жыл бұрын

Or lead (ammo).

@edb3877

2 жыл бұрын

@@keithinaz9769 Brass and lead... the other 2 PMs.

@lamarravery4094

2 жыл бұрын

Platinum is a precious rare metal. Lol, you compare it to steel or copper, alright go ahead and believe that. Platinum is historically double the price of gold and it doesn't tarnish like silver. I'd rather have platinum over silver and someday, people will have the platinum fever when it rises above gold again.

@edb3877

2 жыл бұрын

@@lamarravery4094 Yes, Pt IS a PM, no doubt. But it is not a monetary metal and that aspect is important to some who stack PMs. My reading of history is a little different from yours in that I never saw Pt to be valued at 2x the price of Au. Being 40-50% more expensive then Au? Sure thing. In fact, when the price of Pt fell below that of gold, which it did on rare occasions, that was considered a screaming BUY signal by those who follow PMs. I have a lot of Ag, some Au, but no Pt. This is a personal choice and this is mine. You have made a different choice in this and that's perfectly fine. I love this aspect of stacking... it's flexible and we all get to choose what we want to stack, if anything. Having made our choices, however, we then get to live with the results of those choices. We both seem comfortable with our choices but that does not mean that we have to make the same choices. Best of luck with your Pt stack. Hope it makes you a fortune!

Both gold and silver are good to invest Gold is like big long 10x lottery challenge And silver is like hot mess gambling for profit of green sticky stuff

@2is1gold

2 жыл бұрын

Ha!

I moved the majority of my silver into gold. But you can bet that I hung on to my roll of 2021a! 😉 I have started adding silver back in though since premiums on what I like are down to a cost basis of 25-27oz. That’s what I was paying for eagles when I started; so for my cost basis..it keeps it lower than 28-30+oz. I hit my gold goal early for the year..which gives me a lot of breathing room to be ready for gold dips and accumulate deals on silver. Silver (for me) is still for flipping. Even though I have some that is personally more valuable than gold. Thanks for what you do

@2is1gold

2 жыл бұрын

Congrats on hitting that goal. Great spot to be, watching for the real discounts. Good luck!

@rjones2651

2 жыл бұрын

Marshall, do you have a certain GSR you wait for, before converting S to G? I want to do this, but have been advised it’s a bad deal until the GSR reaches like 50:1 or something. Thoughts?

@marshallstrong462

2 жыл бұрын

@@rjones2651I’m really new here..just shy of two years. I was just buying (mostly silver) without a plan at the start. Primarily out of panic. So as my plan formed, I converted the excess. So yes, 50-1 is ideal. I think it was in the low 70’s when I started converting..it briefly touched 68!?..that was out of luck..not pre/planning. Full disclosure some was a loss or at best break even. But, I really wanted a stronger gold base. China, Russia, India and Turkey are increasing their gold reserves,..🤔why!? There is probably something important in their reasons. When gold was down 3 and 5%, I was willing to take a small loss on my silver to take advantage of that price dip. It helped me to secure my base. Now that both bases are solid and growing, I’ll be on the lookout when GSR gets below 60. Technicals are important because those kinds of drops are short lived and I wouldn’t want to miss out on an opportunity due to hesitation. Now I can be patient…which come to think of it, is a pretty valuable asset itself! I think Silver Dragons has a video that discusses GSR and conversion/swap in pretty good detail. Good luck dude

Premiums the last say 3 years has turned me off of any silver that isnt flippable. Ive done pretty well flipping but for stacking Im practically retired from silver. I still hold many ozs though.

@2is1gold

2 жыл бұрын

🤜🤛

Your thoughts on bill Bonner Dow gold stratergy ?

I stoped buying premium silver and governing minted silver coins, only coins I buy now are gold coins I stay away from gold bars, but silver I like generic rounds and bars, have some half dollars as well. But not a big fan of constitutional. Happy stacking🥂🏆🏅

Personally I am stacking both, I am a new stacker. So I want a base of both. But I am mercenary on the topic, best value for my cost with in my means is my goal. All that said, I have heard some say that silver may be keeping up with inflation on the premium side. I think that may not be such the case with gold for some reason so that may explain the big premium difference. Something to think about at least. Again, I'm mercenary so I will change with the market yet still stack regardless.

@2is1gold

2 жыл бұрын

Silver's premium being part of its intrinsic value doesn't compute to me. Maybe I'm not a creative thinker. 😄 Cheers!

@vaultkobold5469

2 жыл бұрын

@@2is1gold Sorry if I was unclear. I meant that the reason the premium is so high is due to them adjusting it for inflation to compensate. So you have the spot price then inflation adjustment on top. Supposedly for labor/profit. So by the time it gets to the dealers they need to add on their own profit. So it's more like Spot + Adjusted Premium + Profit = Buyer's Price. As opposed to Gold being less "adjusted" by comparison. Again just what I have heard some say. Could just be "greed" tax on the wave of new stackers coming in. You never know.

@2is1gold

2 жыл бұрын

@@vaultkobold5469 okay, I get the distinction you're explaining now, but I think it seems like somebody's conjecture. Premiums are driven by retail demand. Cheers!

@edb3877

2 жыл бұрын

@@vaultkobold5469 No, we don't know because gold ownership tends to be a private matter without a lot of publicly available info. I consider that one of its better features. 🙂

Yeah nice insight... I think cash and gold is king.. Then have a few ounces in silver , a couple ounces in platinum just to have a hand in the game if one of them take off the way rhodium did. "Can't play if you don't have cards in you hand & Chips on the table"

I stack/collect all 3. With the premium on silver as high as it is I'm mostly concentrating on gold and platinum. The one exception are rare and collectable silver coins. I can't shake my habit for the usual. Those Incuse proof and reverse proof Maple Leafs are my version of crack.

@edb3877

2 жыл бұрын

Maybe so, Richard, but this is a MUCH less damaging and dangerous form of addiction. The thing that I love about stacking is that it is the only way I can collect something that keeps its value over time. I know that there are some other things that do too but I don't have the knowledge to be a successful buyer of art, land, jewels, etc. When I buy PMs, I don't consider it as spending money but more as converting soft fiat money into hard metallic money. 🙂

What’s your thought on catalytic converters? Dealers can’t keep enough of them on the shelf near me!

@edb3877

2 жыл бұрын

Catalytic converters will be with us for the foreseeable future. Eventually, all vehicles will be powered by electricity or hydrogen, neither of which need a catalytic converter. But we will still have petro-fueled cars for the next 40-50 or so years.

I got 4 ounces of platinum back in 2021 and made no money lol. Its cool though and held its value though. I think it will go up in the future.

I like the price of platinum , but I don't care for the premiums. The time that I buy platinum is when we have a significant pull back. I have 15 oz's of platinum and I think that may be enough for now.

@2is1gold

2 жыл бұрын

What do you buy, PJ? I find the Platinum Eagles to be terribly ugly.

@TheRazzaManazza

2 жыл бұрын

Hey Pudenda 👋. One ounce platinum in 🇨🇦 is just under $1500CAN including the $500 premium.

@pudendajohnson1932

2 жыл бұрын

@@2is1gold Britannias, a couple eagles, valcambi bars, a platypus (Perth), an Ox (Perth), Queens beast Lion, Philharmonics....that's about it. I don't have a maple or a Kangeroo.

@pudendajohnson1932

2 жыл бұрын

@@TheRazzaManazza That's more than I can get it for. I'm looking @$1084 for a Queens Beast Lion, and $1103 for an Eagle. @$1500 Canadian =$1174 US

I stopped buying silver.Going to keep adding more to my platinum portfolio.

@2is1gold

2 жыл бұрын

🤜🤛

I don’t ever see you with gold bars why I just got my first 1 oz bar Should I take it out of the package I have a capsule but the wife is saying don’t do it love the info thanks

The current premiums kill silver. Even in swings up or down with silver, the sale price or premium increase washes any gains you try to make ether way. And if you are using it as a store of wealth… even small amounts of physical gold I always felt was the better of the two. Understood though, Silver is easy and the piece price is low… it’s obtainable for most folks.

@edb3877

2 жыл бұрын

Yes, it is and for the small buyers, stacking silver is a good way to go. At least they are stacking something of real value and they'll be better off for it if / when hard times come.

Love this channel. I think the teachings and street smarts are simply awesome and I have learned so much. BUT having been a precious metals assayer and in that business for many years, I know some key points have been missed in this presentation so let me share them with the community. Pt is below Au almost at a 2:1 ratio and this is very low perhaps even historic. So that is likely to represent a buying entry point of a life time. For perspective, look at the other PGEs {platinum group elements] called Pd, Rh and several more. Both of these have had recently huge gains such that the PM dealers like Kitco were looking everywhere for supply. While driven by the catalyst markets, they are likely to be a good speculation in the long term and you can read more about it from the World Platinum Council and other reputable metals sources. Look at the Pd and Rh price trends...they are small markets and can move very very fast. If you apply a buy and hold forever approach you will be rewarded for your patience in the long term - which is what all metals markets really are - long term plays.

@2is1gold

2 жыл бұрын

Good info. Cheers!

As far as 90% I like the 1 dollar commemorative coins. I finished the ASE series. Gold I like the 9999 fractional bars. I do have rounds an generic I just lean to more what I like

I have some platinum, but with its main use being lowered because of electric vehicles, I'm not sure why i own it now. LOL

@2is1gold

2 жыл бұрын

Because it's shiny!

@christophernichols9387

2 жыл бұрын

Because that's not it's only use, and when something is less than half the price of comparable metals for an industry, someone's bound to take advantage of that eventually and send it back into higher ranges. All of the platinum doubters can sell theirs to me.

@coctailer

2 жыл бұрын

@@christophernichols9387 I know thats not its only use. But when a commodity has it MAIN use threatened, I would like to know why it will maintain its current value, or go up. I've asked Rob Soltan to do a video about it so that people can be better educated as to WHY it is a good investment. Would you be willing to do a video detailing this prospect? :-)

I don't mind silver and have a few thousand ozs.. but it just takes up to much space, and it to heavy. I am waiting till the ratio goes down to trade some of it for gold. I do not like platinum as it is mainly used as an industrial metal, and the more we go "green", the less it will be used, and I think the big boys will be dumping it and driving it down. That's not to say that it will not go up in the short term. And when people think of the wealth of nations, it's gold.

@2is1gold

2 жыл бұрын

Yeah, gold is the tier one asset. It's the one that will always be considered wealth. Cheers!

Electric car is going to instead of normal car in coming year. Platinum and palladium use for car catalyst. So, I prefer to buy gold and silver first.

What are your thoughts on pre-1933 gold? With bullion, you run the risk of gold confiscation but with pre-1933 gold, you fall into the collectibles category. I haven’t seen you show any pre-1933 gold. Do you own any of it in your inventory?

@2is1gold

2 жыл бұрын

I have a few $5 Half Eagles, but that's it. Every time I think I'm going to grab a Double Eagle, the modern stuff derails me (because it's typically cheaper). Cheers!

@jamesrobinson8247

2 жыл бұрын

@@2is1gold the numismatic gold tends to be more expensive because of the numismatic content and then with the price of gold added in. My plan is to flip the bullion if I need it but to pass on the numismatic gold to my daughter. There’s another KZread channel called ITM Trading that I watch and Lynette Zang is of the mindset that numismatic gold is preferable to bullion gold because it’s safer in terms of confiscation risk. It really comes down to buying what you feel comfortable with. That’s how I view it.

@edb3877

2 жыл бұрын

@@jamesrobinson8247 Hi, James. I've watched the ITM channel for quite a while and I agree with Lynette about 98% of the time. But I don't agree with her on the confiscation issue. Times change and while the US Gov did confiscate gold in 1933, that was when gold was circulated as money. There is also no guarantee that the current US Gov would abide by the same rules as FDR did in '33. It was also a time when most people trusted the US Gov, neither of which is true today. Also, we have a MUCH more litigious society today and any attempt to confiscate ANY kind of personal property WILL be met with a thundering herd of federal law suits. I believe that the US courts would block any form of US Gov property grab from We the People. Because of this, the issue of gold confiscation seems a non-starter. I prefer to stack more ounces than older ounces, so only buy modern gold coins from national mints, such as the US Mint and the Royal Mint of Canada. I do like the Aussie and British mint products but haven't purchased any because I prefer to buy from the national mints closest to the US. I do like the Mexican gold coins, especially the big 1.2 oz. 50 Peso coin but haven't bought any of them.

Eagles at 11.50 to 14 over spot I'm out. I'll do the 90% and suffer through with 22× but eagles are way over priced

IMO gold is money so I mostly save gold, including fractional. I have some silver and plat to speculate on monetization/industrial demand.

Silver and platinum are the way! They are less than 50% all time highs

I’m guessing more uses will be invented for platinum. It has a high tolerance for heat where other metals would melt.

I love them 3 Gold silver and platinum.. I only have 2 gold coins and alot of silver and 2 platinum coins a 1oz and a 1/10oz platinum is cheaper rite now rite now under $1,000 I got mine cuz I always wanted one and it was cheap not to much into it I rather have gold and silver but I just wanted something from another metal..

@2is1gold

2 жыл бұрын

I get the novelty of platinum. Maybe I'll grab some if only for that. Cheers!

@betod3113

2 жыл бұрын

@@2is1gold yeah would be cool to show some in ur videos have a few of that hey we can always sell them when price goes up and buy gold with the Money...

Hey 2is1, did you buy a platinum tiger?

@2is1gold

2 жыл бұрын

I didn't. I considered it.

How about Silver AND Platinum although the case for Platinum is limited and in my opinion is the Precious metal for trade (even the physical would be better for trading) more so than the other 2.

If you pay $250 for a 1/10 oz gold coin that would mean spot for gold at that point should be $2500 an oz. You have to mention that when you go to sell that 1/10 oz gold coin… the buyer will give you at the time, 1/10 of the current spot price. So, if at that time spot is at $1850, they will only give you (if you are lucky) $185.00 for the 1/10 oz you paid $250.00 for. So in the long run save up and buy the 1 oz. Gold coin, that’s your Best Buy.

Is not about cost and more in the $ currency, it’s about a long time investment. and silver will hit hard any day