Why buying 1200 oz of silver was a VERY BAD idea!

[@Gauge213666]

I really don't care if silver is up or down. I just like owning it.

[@BackyardBullion]

True - a good reason to buy!

[@meenki347]

I say, "Cash comes and goes. But bullion finds a home."

[@alan1340]

I agree, hopefully it goes up some as it's a forced way of me saving.

[@jvetter713]

If anyone is worried about heavy your silver is, I'll be happy to store it for you.

[@BackyardBullion]

It is a concern for most - but not one that they overly worry about!

[@robertlovegrove9674]

No one says anything about a $40,000 car parked on the street but worry about hiding 10,000 silver Go figure

[@BackyardBullion]

Funny old world we live in isn't it!

[@therabman_5606]

So true.... and a car is a depreciating asset

[@serietta4394]

Cause the shiny 40K car will net you only half the second you started it even once, whereas 10K silver will remain 10K silver no matter what you do with it. Thats why .... The times when car theft was a great way to make cash are all but gone. Even the premiums are insanly hard to get rid of except for when selling them in parts. Which of course will magnifold your risks of being caught indefinatly. Silver and gold you just remelt into neat bars/coins or skulls and sell them for 1,5x or more of spot price on ebay with zero risks.

[@robertoh.20]

you can easily and cheaply insure a car.

[@zunedog31]

Terrible comparison. People buy cars for practical transportation/social status purposes. They don't expect the car to be a storer of wealth the way they would stocks/bonds/PMs/savings accounts. Only one of those things takes up physical space, the precious metals, and gold takes up 80x less space than silver. If you are storing wealth and desire compactness, portability, and the ability to grab it with your free hand as you escape a house fire, you get two 10oz gold bars, not the treasure chest full of silver in the video.

[@zinasantana]

No one has ever said "Shit... I have a pile of worthless silver" XD

[@richardbrout2242]

..no just "oh shit my silver is only 1/5th worth what I bought it 20 years ago... (ie you bought in 1980 and retired in 2000)

[@Fanta....]

@@richardbrout2242 I also love to cherry pick timeframes to justify my biases. DIVERSIFY YOUR INVESTMENTS. you cannot go back in time, so sacrifice some potential gain for reassurance you aren't going to get completely wiped out because you're all in on any one thing.

[@mybad8805]

@@richardbrout2242 I bought mine in 2018, what do you think I am saying today? "This shit is just to heavy"

[@gregb6469]

Having some silver and gold is a good idea, but make sure you are investing in the other two precious metals--guns and ammo!

[@BackyardBullion]

Difficult to do that in the UK!

[@leonwangls]

bow and arrow??

[@AlexFlodder]

Knifes, (cross)bow and arrows help aswel.

[@gregb6469]

Bow and arrows are forms of precious wood!

[@BackyardBullion]

Actually it is very easy to get a gun in the UK - but it is only a shotgun that you can have. You just need to apply for a licence and the burden is on the police to say why you should not have it. So if you have no criminal record or mental health problems then you are good to go, very easy indeed.

[@glester7018]

when i was a kid back in early 70s we had a oil shortage and i never forgot hundreds of cars in line for each pump .... except for 1 line which had a sign but no line. The sign said "Silver Dimes ONLY 1 gallon of gas." Never forgot that.

[@tanyongan1876]

So is silver good or bad that time

[@daddun2111]

I think he means in crises silver wasnt of value, the gas that was needed had more demand and value

[@seashells2822]

@@tanyongan1876I think it means that it was beyond good? There was no line because people didn't have it!

[@wolfyklip]

Your dreaming, 5150 !!

[@travisanthony9093]

I stack gold and silver , i am barely middle class and can afford to buy 10% worth of my annual income precious metals , i dont buy bigger than 1/4 oz gold rounds , or silver 10oz bars , i wont sell unless its life or death, and will be prepared for an economic collapse or whatever.

[@BackyardBullion]

Sounds like you have a good plan there my friend

[@travisanthony9093]

Markus Patients if its life or death for my family , i will get those potatoes or anything else any way i can , try to barter , or just take them if thats the way it has to be. Anyone trying to upcharge that much for a sack of patotoes deserves to taken down a peg or two.

[@rodneyhull9764]

so... shouldn't you stack potatoes instead?

[@jamesross160]

ste holmes no seeds, they are light weight and can last a long time under the right conditions.

[@cmorebutts7337]

i find the 10 gm gold bars the best deal under one oz purchases.

[@bingoboy44]

If you are little tired of silver s upression take some time off of stacking....and enjoy yourself but don't sell your silver....thats what the elites are hoping for...they are trying to shake out PM investors

[@BackyardBullion]

A good idea - thanks for sharing!

[@jaddy540]

Play the miners, take profits to buy silver. NEVER trade your silver.

[@streetrider2487]

@@jaddy540 actually, I would trade my silver. when silver went to 40/oz, I sold 2000oz and swapped them to gold. worked quite well.

[@venusrise]

Ammo cans. Military surplus ammo tins hold the weight of silver very well (since they were designed to hold lead ammunition) and they stack great in a large safe. You can easily get 500oz in a 50cal ammo can. And with that you could carry 1000oz to the car at a time, if you are worried about bug-out and portability. Not to mention ammo cans are air-tight, so add a silica pack and less moisture means reduced tarnishing.

[@BackyardBullion]

Thanks for the tip!

[@masterof4438]

The ammo would be worth more than its weight in gold if ever SHTF

[@venusrise]

Yeah, agreed, have ammo for the SHFT. But also consider surplus ammo cans for your silver storage because they are strong, portable, durable, and airtight. In my opinion much better than a monster box or other difficult to handle storage solution.

[@venusrise]

Markus Patients , I’m a Libertarian and NOT a Trump supporter, but all I’m doing is pointing out how ammo boxes are convenient to store and transport silver bullion. One of the big complaints about silver stacking is its storage and difficultly to move/transport. I’ve found that surplus ammo boxes are a real convenient low-cost solution which scales well. You can get 80K of silver into 10 ammo tins and they all fit perfectly in a medium sized safe.. It’s cool if you don’t want to be prepared for a financial crisis and depression, because I need people like you to do my hard labor while I pay you in silver dimes from my ammo can ;)

[@moorshound3243]

or you could put ammo in them?

[@thomastrefz]

Just look at it as savings

[@BackyardBullion]

Yes indeed a dollar spent on silver is a dollar saved!

[@nzmak3220]

a dollar spend on silver is a 93cents saved lol

[@geckosalaplancha8286]

Nzm Ak ouch

[@nzmak3220]

have to deduct premium tho

[@EricSmyth4Christ]

I would say 'hard savings'. It's not as liquid, but it's inflation proof.

[@davidthecardcollector]

Stock market and money crashes are not what will drive up silver prices. Technology demand for this metal and expensive mining cost will.

[@BackyardBullion]

I think this the most likely scenario btoo

[@shobi_watchgrailclub6278]

investment demand and industrial demand will like it always has (More investment demand though)

[@Andrew-mm5qn]

Actually... silver prices are going to drop because of technology...

[@drjqool]

Palladium and Platinum then. Both have industrial needs.

[@godofawesum223]

Both Palladium and platinum have dropped considerably in value lately. Platinum alone lost 6-700 dollars in value in 5 years.

[@SILVERSTACKINGACADEMY]

As we say in my country “When the property is yours it is never too heavy to carry”😉 Thank you for the video👍

[@renatomurillo7215]

I agree . If that's the case will be using it one by one ...not everything then what?

[@MadeBySam2011]

Until they take your property. Need to buy property that was bought from real money. Silver and gold.

[@ZelenoJabko]

I heard this one: What is too heavy for you to carry is not yours.

[@loboplateadostacker]

I stacked 300 oz of silver in my first year, and quickly realized that stacking beyond a monsterbox, 500oz was not so practical, because I have a nomadic lifestyle in the present (outside shtf scenarios), and therefore it is wiser to move from place to place with compact gold. I relocated my home this year, and the safety of my silver during transport was something notable.

[@loboplateadostacker]

@JohnnySilverfoot So you don't like gold? That's a rare strategy but stackers are innovative creatures, no doubt you can work it out.

[@christopherpaul4876]

The Silver /Gold Ratio is about 84-85 to one. That means you can buy 85 oz of silver for one oz of gold. Then you can sit back and wait for the ratio to fall. In 2008, the Ratio went to about 40. At that point, take your silver back to the coin shop and buy 2 oz of gold. Granted, you have to pay premiums, but even then, you are ahead and you took zero risk

[@hugostiglitz4215]

A man named William Cooper who wrote the book Behold a Pale Horse who was only wrong one time in his entire life said these words. "JP Morgan & Company who have the most above-ground physical silver in the world will crash the metals market and people will panic and they will sell all of their silver whether it be physical or on the market, and then they will buy it all back for pennies on the dollar". Hold on to your physical silver because you are hedging against the dollar and the dollar will collapse just like Venezuela and every other civilization that had paper currency, they all collapsed, all you have to do is look at history and learn from it. Keep buying silver in fractional increments and 1 oz to 2 oz coins or bars maximum, there's not much you can do with a kilo bar. Silver is for one thing and one thing only, to barter and trade goods when you can't buy anything with Monopoly money. In the meantime just admire its beauty

[@serietta4394]

" and one thing only, to barter and trade goods" Yes, which is the very moment you will lose it ALL for a bottle of water. Whereas the guy selling you the water will own ALL you precious silver and just can sit back and relax till things have calmed down again and then swap it all for cash, whores and houses and happily live ever after. Whereas you guys will be left with an empty chocolate bar wrapper to remember the times when you lost it all in a minutes time ....

[@ginger8383]

I worry stackers will attack those that try to 'profiteer' . 1oz of silver for a loaf of bread is a rip off but I don't intend to prepare and bake a loaf for my stacker neighbour so he can hold onto more of his metal. Stackers will need to accept that silver price may jump but water and bread will skyrocket if SHTF, and it's all equally fair/unfair

[@serietta4394]

@@ginger8383 If SHTF then silver is no way of possible payment. Ask the guys living in warzones .... but people that believe in silver as a SHTF currency never will accept facts. Ever. Dont get me wrong: you WILL get food for your silver. But you will NEVER get an even remotely fair trade ratio. Ever. You will give all you have for that one bottle of clean drinking water. Trust me. Its just a matter of time.

[@exee1]

On what page of the book did he write that. I ask because I never found it.

[@laccess911]

You are 100% spot on about silver. Carrying that pile of silver when the music stops is not gonna be mission impossible. That's why I choose gold over silver.

[@oliverbristow7379]

Conversely, whilst silver isn't as portable in an emergency, you couldn't easily barter for low value goods with gold without seriously overpaying (assuming people would actually barter for precious metals).

[@BackyardBullion]

Yes, this is the bbest thing for silver in a SHTF. Gold not so much.

[@billydow1971]

Assuming in an emergency. Why would folks barter goods they need for something they don't?

[@MrWhoAmI57]

Complete agree. I'm fairly new to staking but had quite a bit of money to put into PMs and quickly got up to 500oz (mix of bars and brit tubes). I'm stopping there and have moved onto gold, have 5oz and looking to increase over the next few years. From my short time in the game I'd say silver stacking is way more enjoyable due to the amazing pieces and frequency you can purchase but gold is way more economical in size, investment and as a store of value.

[@masonguritz6758]

1,000 a ounce silver is very likely. Especially when you look at the world currency system. We have a debt based economy that will completely bust. That’s a economic and mathematical certainty

[@BackyardBullion]

It will not happen - they will not let it happen. It would mean rioting, death and war.

[@richh1576]

Whether its stacking PMs or investing in the stock market or playing poker, knowing WHEN to leave the game: .... its better to leave too early than to be 24 hours too late.

[@faithsrvtrip8768]

mason guritz : If that happens I would be a millionaire. I could pay off my house, buy a farm. That would be amazing!

[@dathibs23]

So wrong... I honestly believe that a lot of people read and listen videos from " intelligent people" and then just form their opinions off that.. when they don't actually take the time to think for themselves.... there's never going to be an economic crash that's going to affect the world globally it just simply can't happen if it's bad business no one profits from it

[@ZoneCrasher]

Backyard Bullion This will be the first time ever humanity is in death and war.

[@brooklynsilver5751]

I heard this argument to many times, so what if you have 1,200 ounces of gold what do you do. Open your mind, whether, you have 12 thousand ounces of silver or Gold, you should not be worried about how you could hide it in your house or having a huge safe because you should not have that much inside you house period. Bury it somewhere on your property in air tight and water proof containers, and be creative when doing so. I live in the U.S and whether Im investing 5,000 or 50,000 I believe Silver has the bigger upside than gold. If your Silver went up to 200 an ounce and you had 10 thousand ounces , that you bought on average of 18 dollars an once would you care about storage? Not me.!!!! I think if you stack Gold to diversify that's great, but if your doing it because it takes up less space, well then you know how I feel about that.

[@BackyardBullion]

Thanks for the interesting comment - I like the idea of having buried treasure on my land!

[@brooklynsilver5751]

+Markus Patients My point was based on what was said in the video about owning gold because its easier to hide or store. I wasnt speaking about economic collapse, but in the event of a economic collapse it will be nice to have gold and silver for after the reset, in my opinion. Why would I be worried about traveling with my gold or silver, I have no plans of going anywhere. If there was a complete collapse, my family and some close friends will have more than enough food and water for at least a year, and the means to protect ourselves god willing. What will a pocket full of gold get you in that time. If you think $20,000 in silver is hard to travel with, try hundreds of cases of water and at least a year worth of food. That's why I stack mostly silver in my opinion its the better investment. Im not worried about how Im going to travel with it, an unless you plan on eating your gold and silver during an economic collapse you should be preparing and staying put, thats just my opinion, to each there own. I hope you understand now why I think the logic behind stacking gold because its easy to store or travel with bothers me, especially when most people agree silver is the better buy right now. If your buying gold to diversify, I could see the logic in that. Peace.

[@richh1576]

Do you know how to REPAIR dry-wall? Can you do finish-work carpentry? Can you do simple masonry repair? .... guess where your PMs can go? .. all over the place and NOT in one single location !!!!!!!

[@lordhumongus8669]

Correction the Dollar will never collapse its stamped on your 1oz American Eagles and other Countries Coins. The Federal Reserve NOTES with Dollar on their paper will.

[@BackyardBullion]

Yes, it is interesting this - but not all silver is stamped with a $ denomination

[@Oath_Keeper1979]

I brought gold bars from the royal mint and stored in it royal mint vaults. Then the gold price shot up but when I decided to sell my gold back to the royal mint, I didn’t make a penny. Why? Who should I have sold my gold to to get market value?

[@shaddixriggle1534]

I have just started buying silver and I’m leaning toward buying in fractional amounts. I’m interested specifically Valcambi silver and gold. I understand I’m paying a premium for the amounts I’m buying but I’m stacking for a SHTF scenario. Also good point on talking about the transport of your silver.

[@Silverado_UK]

Great video with some interesting points, good job I am far away from 1200oz but I will take this video into consideration 🤙😀

[@Two2Hands]

500 oz cap for me, then going gold

[@BackyardBullion]

Thanks for sharing, sounds about right to me!

[@MichealLee14]

I have a similar strategy with converting a Silver cap into Gold except of course with some pieces of sentimental value.

[@TheToso13]

Percentage wise, in the past, which metal moved up the fastest? Gold or silver? Which metal has more diversified uses, beyond a monetary unit?

[@BackyardBullion]

I would have to say silver!

[@TheToso13]

Bingo

[@richh1576]

Most severe financial crisis events typically have INFLATIONARY and DEFLATIONARY phases. In an INFLATIONARY or hyper-INFLATION (most common) situation both Gold and Silver perform very well. Historically, In a severe DEFLATIONARY situation, gold 'can' decrease in value (~as during the three severe financial crisis of the 20th century), Gold decreased by ~40% from the pre-crisis value) while Silver went VERY 'negative' vs. its pre-crisis value. Gold is vastly superior to hold during a DEFLATIONARY event, versus Silver. Too much RISK to hold too much silver during a DEFLATIONARY event - IMO. Dont limit yourself by holding only Gold OR only holding Silver. Have both to cover your 'possibilities'. More Gold than Silver is the better bet - IMO.

[@ralphylad]

Not a good investment; but a great hedge against inflation

[@BackyardBullion]

This is why I buy silver and gold, so all good!

[@sumerbc7409]

But if you are a poor person it makes all the sense in the world as an Investment AND a store of wealth...... Silver is the Poor man's Gold you know, no you don't know.

[@Aimster2]

I am stacking silver, but only because I like to play with it at times. I am not stacking for investment. I will likely pass this to my kids or grandkids.

[@BackyardBullion]

Thanks for sharing, passing things on is a great thing to do for the future generations.

[@tommywood7087]

10% my savings in precious metals. Half in physical gold, since the creeps can outlaw it again and half in silver, since it holds it's value and won't be outlawed because of all the industrial applications it's needed for.

[@popsbubbles1242]

You hit it exactly..... place the equivalent cost in gold next to the silver... thats all you have to do. Then answer the questions how much above ground silver and gold is there ? How much below ground ? The ratio above is 1-1 Below 1 - 10 So 1-80 ratio is reasonable ?

[@BackyardBullion]

Yes, the ratios are all out of whack that is for sure.

[@ryanrobbins1985]

The ratio above is not 1-1 lol theres FAR FAR FAR MORE ABOVEGROUND GOLD THAN SILVER.

[@Skull-Island]

A very good video putting years of stacking into a practical reality. Thank you.

[@stevewoods620]

Ive probably stacked about 350 oz so far this yr and have been stacking for a number of yrs now . Recently i have started to diversify a little towards gold either way i my personal OPINION stacking is the way to go .

[@BackyardBullion]

It is a great way to save for the future, no doubt. Big old sized stack you will have in 10 years though!

[@azmike1]

I’m back! I have a friend that has been stacking for ten years so he has now accumulated over 4400 ounces of silver ! It can be moved in 15 minutes.

[@wolfyklip]

how far and to WHERE???????

[@Poetrap1]

What’s the best silver coins to buy and what’s the best price to get it for? Thank you in advance.

[@TemplarsCreed]

I'v been buying Gold & Silver for 18 years and people talking about "how well silver is doing" are out of their minds. I've hardly seen a great increase in my silver stack. Gold on the other hand is a different matter entirely. £380 an ounce coin now £1500... Silver won't ever compete with that even if scientists declared it as a cure to Coronavirus. Stack in the shinny yellow stuff people. Silver is ok. Gold is incredible. That's the difference.

[@BackyardBullion]

Yeah, it is a long old game and one that requires careful timing in the markets to actually get a result. Gold is where the true value is. Thanks for stopping by!

[@abdulrahman31350]

I agree with you. However for me, i like the psychological feeling of having a large amouny of silver. Plus if its in silver, I cant be tempted to spend it. Thats why I buy a 1/4 ounce gold britainia and 5 x silver britannias.

[@dewaynetodalen4491]

Where is the best place to purchase silver?

[@BackyardBullion]

www.europeanmint.com

[@bycracky22]

kitco.com is good

[@bobbyenamel4806]

Who gives a shit how heavy it is - if an event happens you pay someone a few ounces to carry it for you.

[@BackyardBullion]

And what happens when that person walks away from you with your silver?

[@markcurtis2078]

I’ve been stacking for years but just buying gold and silver as and when I can afford to do so. Got a nice stack. But.... I cannot bring myself to buy this much silver. The mark up is huge and the 20% tax on it here in the UK makes my brain hurt when I buy it. Do you pay tax on this much? Where do you buy it from?

[@BackyardBullion]

You can buy it from European dealers until we leave the European Union at least. I use the European mint

[@markcurtis2078]

Backyard Bullion I tend to use bullionbypost or coin invest. Love pre 1933 USA

[@martymcfly5423]

Where you get the money from to buy all this Silver??

[@BackyardBullion]

This is not all for me - it is part of a collaborative purchase

[@nzmak3220]

some point to agree, but it depends on our strategy. if you are investing in ratio, you will definitely hoarding silver and hoarding bigger block such as 1kg above.but, if you are diversifying in metal, you would do some percentage of what you are holding.in metal, i do 2:6:2 portfolio.20% in gold, 60% in ratio and 20% in silver.as of current ratio, you can say that my strategy is 20% gold, 80% silver.as of total diversification of wealth, you might want to consider 2:3:3:2 portfolio ratio that will be 20% metal, 30% cash, 30% land and 20% others.just sharing my strategy. cheers mate.

[@BackyardBullion]

Thanks for the insight. Very interesting

[@richh1576]

Damn Good Advice !!!!!! In 'normal' times, those that only have occasional severe stock/equity market crashes, 10% PMs, 20% cash, etc. is the usual. But, with impending serial market crashes combined with a threatening currency collapse, then probable deflation followed by hyperinflation (or vice versa) for several years thereafter, probably soon oncoming ... I agree with you @ 2:3:3:2. Also if you have significant liquid wealth, its probably best to store your PMs in bulk in several 'out of country' private vaults ... out of the reach of your 'home' government.

[@nzmak3220]

i said about 2:6:2 for PM, but sadly i cant defeat my lust for gold.. its been 4:4:2 now.. ohhh.. i do really love gold

[@Fujiko341315]

Platinum stacker, here. When fiat currency fails, its better to be safe! Good job!

[@BackyardBullion]

Yes indeed - platinum is a good bet right now!

[@classicmail8239]

So, are you buying bulk silver in case of an economic crash or some sort of post apocalyptic catastrophe?

[@BackyardBullion]

To protect ones.buying power and wealth, yes

[@MoneyRecall]

The area that I am moving to in Europe has a 40% tax on silver. So gold is what I will have to stack for a while.

[@BackyardBullion]

Ouch, gold is the answer then!

[@MoneyRecall]

@@BackyardBullion Right I was very annoyed by that. It is also a country where students cant make more than 5k a year(to get housing checks). Wouldn't want people to pay down their debt now would we.

[@blotto85]

put them in .50 cal ammo cans! It will be heavy but not that bad, you can easily carry two at a time. The ammo cans also stack nicely and are very secure and durable.

[@BackyardBullion]

Thanks for the tip!

[@filesshared9431]

Bugout? Bugout where? Melt your silver into your diesel truck chassis and paint over it lol

[@BackyardBullion]

That is a good idea!

[@thedadyouneverhadchannel3544]

Backyard Bullion that’s a retarded idea!

[@zuo3063]

Does anyone have any idea where can I find direct fit capsules for a 1 oz Britannia?

[@BackyardBullion]

Ebay is probably your best bet.

[@zuo3063]

Thanks!

[@parttimepreppers9907]

I think Gold and Silver as a Good store of Wealth and time has proved it! The stack is our insurance Policy in retirement...along with some other items...would love to pass it down...but if things get hard will part with some or most of it to live fairly well...store in at least 5 Different places. Good topic my friend.:)))

[@BackyardBullion]

Thanks for the comment - good idea to split up the storage for sure!

[@Scandoboy1000]

PART TIME PREPPERS silver as a good store of value? Are you out of your mind - it went from 8 to 16 in 37 years. The dow in that time went up 10 times, so silver lost 80 % of its value. On the bright side, fiat currency collapses every 250 years, and for a few brief week before that collapse silver will be a great investment. The problem with stacking is the difficulty of selling silver, not the ease of buying it. You need to be able to sell very fast to take advantage of periodic spikes that last a week or two.

[@BackyardBullion]

It is about how valuable the currency was at various times - nothing to do with raw numbers of value.

[@DIY-zx3qq]

iron age is over buy bitcoin litecoin digibyte and vertcoin ,pivx thats the future of money. look at the new generation we are 100% digital fuck gold and silver we youth dont buy jewels anymore ....we buy digital assets so dont listen to this guru .i can buy fake silver and gold easy on any chinese website i cant buy fake crypto ever think about that. Wake up people these old generation is getting really old

[@LarryRickenbacker]

I'm a stacker and agree that over time, one could wind up with several drawers full of heavy Silver. Had I approximately $27k to invest in precious metals, I'd likely invest a good $20k of it in Gold as it'll take up less space and despite the fact that Gold is heavy, my "stack" would weigh considerably less if most of it were in Gold.

[@mr.porsche2069]

I got 2 monster boxes of Maple Leaf for just US$20000 when the spot price was around $18. Hard to imagine you spent $7000 more for just 200 oz. when the spot price was significant lower then.

[@PrettyGreenMonk]

Where do i buy silver /gold in the uk?? And where do i sell it? i notice the buy back prices on the websites cancell out any market increases unless im missing something. ? Thanks

[@BackyardBullion]

Gold - search Atkinson's bullion.

[@WingsOfLuv27]

How much silver you need?

[@PrettyGreenMonk]

I wil just buy a cpl hundread quids worth every few weeks as and when

[@WingsOfLuv27]

Ok, sounds like a good plan 😉 I don't know any good suppler for UK then. Hope you find a fair price 😁

[@rubyjames3105]

Quasar Code- lots, where are you?

[@acrobaticjesus6416]

You’re right, there is a huge difference between euro stackers and American stackers. We don’t run in the USA

[@BackyardBullion]

It is two separate world's almost

[@Bowers7]

Is it better to invest in silver bars or silver coins? I’m just starting what is the best option?

[@EricSmyth4Christ]

It's not so much the holding of silver that is smart, but the holding of USD that is stupid.

[@BackyardBullion]

One way to look of it for sure!

[@jordanthomson3031]

I just bought my first 10oz bar at spot value when silver was priced at $20.80CAN/oz.. unfortunately I had to pay $19.90CAN for shipping so in my eyes an oz of silver is an oz of silver. I essentially paid for 11oz and got 10oz, with the CAN currency factored in well that's a whole other variable to consider. I feel I bought at a good time. I will continue to stack but I will be focusing more on the fact of an oz of silver is just an oz of silver, I will not focus on expensive over priced coins that have a higher premium, plain Jane bars all day..

[@russf6572]

30% over spot? Damn!! I'm glad I'm here in America. I pay $1.05 over spot.

[@BackyardBullion]

Welcome to my world!

[@Chrisking85]

i like gold but what will happen if you have to barter for a small item or something not woth the gold coing. u need plenty of silver for those situations and gold for big buys

[@GeorgeBonez]

I’m a very new stacker but I studied on it for at least two years before I started buying in a significant way. I don’t really worry too much about an apocalyptic scenario in the United States and I’m not trying to get rich quick. I’m also NOT trying to prepare for the complete collapse of the dollar. My goal is to freeze the buying power of todays dollar the best I can and hand it down to my 15 year old son and allow him to exit my holdings the best he can. I like hearing opinions like yours and I certainly appreciate the time everyone spends explaining their goals and why they stack the way they do. I would never criticize anyone for explaining their strategy. I do worry about the strength of the US dollar as it can be fairly volatile depending on so many variables such as The sitting Presidents values on spending. Social and economic values and the agendas they will FORCE FEED THE US population at any cost. Right now the most popular agendas are Gay and Green I think but it could change to anything at anytime. The US Gov has increased our national deficit enormously while propping up solar panel and electric car companies that will never see an honest return. There’s a lot of pay offs to still be done and more to come. It will be a long time before we crawl out of Obamanomics. The Unknown It’s just FUN to stack and learn. And of course War (but not in a apocalyptic way). There’s also another reason I am stacking. Now that I have a “little” confidence in buying I am just addicted to it. Lol I joke but it’s true! Do not confuse this with greed because I’m not a greedy person at all. I have been accused of hoarding because I tend to keep everything I can but with stacking at least I’m hoarding something valuable and for a good reason or reasons. Lol I just love silver and gold although I don’t have much gold to speak of yet! Maybe that will change as I flip my silver into gold someday when the time is right.

[@BackyardBullion]

That is the best way to look at things - you did the right things!

[@QuB3]

How and where do you sell your gold and silver in Europe?

[@Spaethon]

Around 4:20 I noticed he mentioned fleeing home in an apocalyptic scenario with a heavy load of silver. Fortunately in the U.S. some people can stay home because we can stock any number of firearms we want. Anyone tries to loot my house, they will absolutely be shot. Calling the Sheriff will always be the "after I deal with the intruder" option. If you can...grab your gun, not your phone. And I wish the U.K. had that luxury. But buying silver shouldn't necessarily be looking to turn a big short-term profit. 2 reasons to buy: 1. To make the long-term (decades if you have) investment. 2. Because (regarding America), a future involving the democratic party looks very grim on the dollar's value. Things keep going down the same path, silver will skyrocket as the dollar nosedives. People with paper and digital bank accounts will really struggle. And silver value will only go up. If you have enough silver...and guns to defend it...you'll have enough money to provide for your family for years. Better than joining the millions who'll hunt for food. Better to let them do the dirty work, risk their lives against other hunters, and hand them pieces of silver for game, right?

[@chipcity3016]

Today September 2020, how do you feel about your silver now. I sure hope you've still got it!

[@tradrlarryone1827]

I got a easy solution just liquidate you’re silver for gold and now You have a quarter of the weight space and metals same value

[@turbo-charged-v8341]

Yea was thinking same..easy solution 👍

[@Silverholic]

Where did you get the tubes for the 1oz bars??? I have been looking for that for 2 months.

[@covidogkush1747]

you must not have looked very hard... www.amazon.com/Pack-CoinSafe-Silver-Tubes-Bars/dp/B00BLTHZ2A

[@covidogkush1747]

here is for just 1 tube www.amazon.com/CoinSafe-Tube-1oz-Silver-Bars/dp/B00BLTER0I/ref=pd_cp_21_3/136-0930457-7398350?_encoding=UTF8&pd_rd_i=B00BLTER0I&pd_rd_r=b19a69b0-f093-456a-a836-da60988ca0ef&pd_rd_w=Hk4AW&pd_rd_wg=jML4g&pf_rd_p=592dc715-8438-4207-b7fa-4c7afdeb6112&pf_rd_r=VXHC7RY7R0NRP7JKKCRD&psc=1&refRID=VXHC7RY7R0NRP7JKKCRD

[@thecoinniffler7905]

After reading all of the replys that you received, I think you got the response that you were after! Getting people to think about there buying strategy 😁

[@BackyardBullion]

Yes indeed!

[@TheAgTeam]

Great guide thanks. So gold does not tarnish like silver? Does pure silver tarnish and devalue at the same rate as Sterling, or was Sterling engineered to make it more durable/resistant to tarnishing? Thanks

[@BackyardBullion]

Pure silver is much more resistant to tarninshing and blackening - it still happens - but much slower.

[@mysterybuyer3738]

Never selling silver for fiat currency. I stack in terms of direct tradeability. I have everything from grams to kilos.

[@BackyardBullion]

Good stuff, a diverse stack.

[@user-q7e4nbd5mjki8frj]

Gold and silver prices are sharply down and near their daily lows in early-afternoon U.S. trading Monday. Gold notched a nearly 1.5-year low and fell below key technical support at $1,200.00, while silver scored a two-year low. A surging U.S. dollar index and solidly lower crude oil prices were pressuring the precious metals. December gold futures were last down $17.10 an ounce at $1,202.00. September Comex silver was last down $0.24 at $15.055 an ounce.

[@BackyardBullion]

They have taken a beating today!

[@daniel51404]

I turned a pantry into a secret room and I installed a 200 gallon fish tank in front of it good luck emptying the tank in time for the police to be at the location, and if they smash the tank they will be swimming... 😂

[@BackyardBullion]

Ok... interesting approach

[@turbo-charged-v8341]

Genius 👍👍

[@Kdm109]

My husband has always talked about his grandpas coin collection but has never went out and purchased any of his own. I’d like to surprise him with something to start his. Could you give me some advice; like where would you say in the most reputable place to buy silver? Are apmex silver on par to sunshine and Canadian mint? There is way to much information to sift through on the internet that’s biased or paid for reviews. I thought apmex was good and was set to purchase until I read it’s not recognized like Canadian mint. I need help!

[@hemlo7494]

One good way to secure precious metals is to not tell anyone you have precious metals.

[@BackyardBullion]

Yes, this is very important!

[@billydow1971]

Exactly put!!

[@icon2012]

i am new to bullion, silver and gold collecting. i heard you comment about milk spotting. i thought that this was an issue that was relatively done away with after 2000-2002 because the chemicals used during the minting process have changed?

[@BackyardBullion]

It is still a problem for a lot of mints

[@Motherofmusic]

Still a problem with every mint in every country. There was a VERY large reward offered by a us mint(i beilieve) to anyone who could figure out and stop the spotting.

[@icon2012]

yes, sadly, after writing last, i went and looked at a few videos posted and in all the videos labeled "5 worst stacking mistaking" or the like, i found that milk spots is STILL an issue. especially with maple leafs panda rounds

[@expelleddux]

Gold and Silver is amazing to get right now

[@SalivateMetal]

Great video my friend. That is A LOT of silver indeed and you make some great points about why it might not be a good idea to buy that much. The weight is one I used in my vid asking the question about when do you have TOO much silver. Well thought about. Always good to reevaluate why we stack and how we stack. Thanks for sharing.

[@RippleAffect]

YES ANYONE WHO DOESN'T WANT THEIR SILVER I WILL GLADLY TAKE IT

[@BackyardBullion]

I don't think many people will take you up on that!

[@817sports]

I use silver as a savings account. At my old bank I got 2% a year but with silver I’ll likely get far more than that

[@doggies400]

I value your opinion, it is important to have gold for bug out purposes but when the reset happens silver will increase at least 40 times and it will pass your wealth onto the next financial realm and you’ll increase your wealth by 40 times at least. Silver is good if things get bad as long as you don’t have to bug out. So it’s good to have both as long as you have a safe place to store it.

[@BackyardBullion]

I'm not sure we will see the reset in our lifetime - but if it does it would be a good day for us stackers thanks for stopping by!

[@biker392]

Spot on by the time the sheeple wake up the price will be at the moon.

[@Ana-xl9xe]

hey people, someone can help me? i want to buy gold coins, i live in Portugal, in internet i see GoldDirect site selling, they have coins from 1200Eur and 100eur delivery, it is good value? is it safe to buy from them? and also i will pay any add goverment tax? thank you

[@richardlove4287]

Security for 6000 oz cost me less than $10.00 . Two plastic buckets from the hardware shop.

[@BackyardBullion]

That sounds like a great plan.

[@faithsrvtrip8768]

Richard Love : I have duffel bags in the closet for monster box and mini monster box. My 100 oz. bars are in a fancy wooden box in my entry. My pirate box!

[@richardlove4287]

People get too worked up about it all...just hide it so people can't trip over it, and it's safe. Heard hiding it in old paint cans then topping the paint back up is a good place.

[@neurozero]

I buy from sd bullion where do you guys buy

[@BackyardBullion]

European Mint

[@Nico10432]

I have possibly half of that amount of silver, and it is heavy, but I don't carry this all day around with me. Stacking this in a save vault somewhere, is the way to go. Keep maybe a few coins on hand to run with, if need be. No, that pile is a sight for sore eyes. Acquire the metal first, and worry about how to store it later.

[@BackyardBullion]

I agree that you should have a bug out plan and some pocket silver. But I think it is very unlikely that the SHTF where you need to bug out in less than few minutes is likely.

[@faithsrvtrip8768]

Nicolaas Nel : I have my monster boxes in duffel bags in the closet. I also have a hand truck. Not a big deal.

[@Fanta....]

@@faithsrvtrip8768 Great Idea if you can reinforce your closet against malicious parties. even better if you can hide it in a cavity somewhere and just bust through the wall and gtfo if the time comes.

[@Silverholic]

Maple Leaf coins and other CRM coins minted after 2018 are no longer supposed to milk spot. So it depends what year they are.

[@sweenie58]

When you need to bug out to another country and you have to claim your $ coming with you. If it's in all the same US dollar then if you have 1000 coins (1oz x 1000 x 20$/ =value $20,000) but because it's currency value is 1$/ coin all you have to claim is 1000$.

[@BackyardBullion]

This is one way to look at it - but be prepared for the authorities to counter that and charge you a lot of tax.

[@jaddy540]

If you can lift it.Gold is more manageable. 1000 oz. weighs 62 lb.

[@CMenzy]

Problem with gold for a shtf situation is its expensive if you need to cash it in for a fraction of what your wanting to buy. What would you get in chang?

[@benth162]

I can imagine that your premiums for that much silver and of the type you've show, would probably run you over $2000 dollars. AND, that is just the "Buy" premium. Now, add your "Sell" premium and that will cost you almost 16% of the value of your hoard. Yep that is a bad investment, unless you plan to hold on to it for more than a few years until the price goes up at least 16% or so, to cover your loss from the premiums. Unless there is a financial collapse the price will continue to be manipulated such that you will not realize their true value for some time to come.

[@BackyardBullion]

Yes indeed, premiums are a bitch

[@diegomagallon321]

I stack silver and gold but, how can all those metals help me during a food shortage?

[@BackyardBullion]

Very true.

[@codymiller8505]

They can't. You need to have food on hand.

[@codymiller8505]

INDIANS DID 7-ELEVEN it seems (in my mind) that it would be MUCH more prudent to just have food stored rather than stack gold and silver specifically for the purpose of not starving to death in a food shortage. I get the whole preservation of purchasing power thing. It has held true throughout history. If there is a food shortage, who is going to give you a very valuable commodity (food) in exchange for something they cant eat? I am absolutely a stacker, but if a currency collapse comes and food is rare, my stack isnt going anywhere until the storm is over. Therefore, I need the supplies to weather the storm BEFOREHAND.

[@turnerbishop4833]

I still love the Perth mint dragon bars. I will have to pick some more up. I am still going to be buying silver just because if is fun to stack. Even if the market isn’t the best.

[@BackyardBullion]

Those dragon bars are very cool.

[@dobson777a]

I bought 3500 oz silver (1 oz silver eagles) and 64 oz 1 oz gold eagles since end of Aug 2018. Stand pat you will be rewarded.

[@moneymaniacs944]

I personally think that much silver would be a great idea.... we're personally working on it as we speak

[@BackyardBullion]

Sounds good to me!

[@mikebrennan7045]

14.85 an oz right now... No tax in the US and on top of that I work for a coin and bullion company so I get it at or just below spot sometimes for physical silver. Can't go wrong right now. In 10 years I can see it hovering steady around 23-25 or maybe 25-28 (just like it hovers between mid $14 to mid $18 now) with a big jump like the time it hit $48 an ounce in there somewhere but it won't last so sell and re purchase when it bottoms out again. Silver usually jumps when countries make large purchases. China stocking up on silver made it jump to an all time high, the speculation on why they bought and if it was because of a possible switch to the gold standard made their currency shoot up in value too. So when a big jump happens look around for the causes and see all the places you can make money because if a country switches to the gold standard like was speculated to be happening, their currency is just as good. If it ends up they don't switch, which is usually the case, it still went up because you buy low sell high. So in the end you make more money to put back into PM's until you're ready to cash out or the time comes when you're going to need them.

[@michaelweston6083]

I'm planning to drop $10,000 on silver pretty soon, I think while it's low.

[@BackyardBullion]

It is pretty low!

[@jeroenbosman6505]

Any recommendations for lowest premium silver coin/bars in the UK?

[@BackyardBullion]

Buy from European Mint, or better yet join our group order for even better shipping. No VAT on the silver and shared shipping. thesilverforum.com/topic/18270-january%C2%A02019%C2%A0group-order-from-the-european-mint/

[@jeroenbosman6505]

Thank you! Sounds interesting... Are there any further discounts to the prices published on the European Mint website? Why isn't VAT payable on these orders?

[@truthkeeperfilms]

For the longest time, people were not able to purchase precious metals. History repeats, fiat money has always collapsed. From the Roman Empire to what we see today, its always the same result. We're going into a deflation, then hyper inflation very soon.

[@BackyardBullion]

Well, time will tell.

[@truthkeeperfilms]

@@BackyardBullion - Time will prove.

[@ThisisRubbishlo]

Melt value should be the same? Spot value if you collect right?

[@BackyardBullion]

Yes, that is why you get premium coins such that you can make money on the premiums.

[@gerrykelly-zk6lf]

Oh for the use of a Crystal ball for 5 seconds. Who is right who is wrong!! Very confusing crash no crash this year next year 10 years. The common thread I have taken is that the change is coming. I'm buying the ratio on Gold an Silver and hope that the price of both are manipulated down until the change to allow me to buy all the gold and silver my Fiat budget allows me. I only wish I started sooner. P.S. BYB I really enjoy your videos👍

[@BackyardBullion]

If we had a crystal ball then we would be billionaires! Thanks for dropping by I appreciate you watchingN

[@paulcoffman7357]

So you give 1Oz gold for apple? Or one Oz of silver?

[@BackyardBullion]

Gold is for buying houses and cars, silver for groceries

[@ronaldrainero5579]

Silver has been stuck at $16 for the past 10 years lol

[@BackyardBullion]

Apart from when it went to $50 in 2011/12

[@jaddy540]

That is why it formed a cup and handle pattern. One of the best indicators for rising prices.

[@neilprescott3258]

Well it’s at 25$ right now

[@speedreadingberlin300]

Now at 25$ and maybe preparing for the next outbreak...let's see. Volcanoe-like investment, nothing happens for years - and then boom.

[@CloverJam]

I’m 17 right now and am thinking of starting to invest in silver, is it a good investment if I hold onto it for about 10 years?

[@kayakcountry]

Get a good crystal ball first.

[@CloverJam]

FireRam420 alright, I’m still interested it wether it’s a investment or not and bought my first 6 ounces today, also why is it good to start young

[@CloverJam]

FireRam420 alright, I bought it for 15.72 + 1.50 fee so it was 17.22 per a ounce, is that pretty good?

[@CloverJam]

I forgot what the fee was called but it had to do with the silver and company since it was a coin shop

[@daniel51404]

You can hide your silver in the walls or make a closet into a secret room just add a wall over the door.

[@BackyardBullion]

Yes, many options to hide your silver!

[@guruprasadbgopinaath]

What is the guitar music at the beginning fo the video? Where can I get it?

[@Lorgic]

dude do like me go to your yard and make a concrete sarcoffagus with 1 to 0.5 meters large. i did it myself. if somebody break in he will have to break concrete the whole day then he will find... a metal box 1 centimiter tick and use other tools :D too much work without being detected by police or shoot by some neighbors . well my point is i dont think there will ever be a apocalypse just fiat will go down and silver will go high and we all will get rich.

[@BackyardBullion]

I agree that the chance of this apocalyptic scenario is very low. Sounds like a great storage system you have - except that you have just told the whole world where your stack is hidden...

[@Lorgic]

but i got a pt 938 waiting to talk with visitors who wants to check my silver :D most of my silver is at brinks salt lake city here only 1/3

[@fishingman7350]

Lorgic yep i hope all of you rich pricks go to hell before the sun rises on 7-1- 2018.

[@nutritionalrevalution9766]

Lorgic Yup hoping ur right

[@jockojohn3294]

@@BackyardBullion The horde of thieves are on the way.....by boat, plane, train & bicycle......stay thirsty my friend...

[@thesmokingjs6512]

The 20% VAT rate on silver (and platinum) in the UK is a real killer to any potential profits and then you have to pay dealer's commissions on top otherwise they would be an excellent investment. Also, as you pointed out a big stack of silver presents problems in home security whereas as you say gold is much easier to hide but then silver is much more barterable so that's the trade off. Still these precious metals are a good hedge against a potential economic collapse but that also brings into the question that governments have confiscated gold in the past in such times of hardship and uncertainty.

[@BackyardBullion]

VAT is a killer - fortunately we can still buy from European dealers and use the VAT reduction scheme to get them basically VAT free. That still does not take away the issue of weight and home security! Thanks for the comment my friend!