Everything You've Been Told About Gold and Silver is Wrong

Everything you've been told about gold and silver is wrong. If I'd followed the popular advice over the past 15 years I've been buying gold and silver, I'd be upside down. I'll separate the good advice from the bad.
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Disclaimers: I am not a financial advisor, a CPA or an attorney qualified to give financial advice. Nothing I say is meant as professional or financial advice. I'm just a guy on the internet, talking about precious metals. This is for entertainment only. If you're looking for financial, tax, legal or other advice, please seek out a professional. I will NEVER ask you to send me money to trade or invest for you. Please report any suspicious emails or fake social media profiles claiming to be me.
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Thank you!

[@beebob1279]

I'll stack from time to time. The issue is that the banks are continuing to hoard gold. If the big boys are buying gold I'm buying gold

[@TheQuickSilver101]

I've been buying metals since I was a kid. I remember some folks coming into the shop I frequented in the late 90s/early 2000s worried about monetary collapse so that kind of thinking is nothing new, it's more available thanks to the internet. I made an active choice to not act on it then so I've avoided panic buying. Regular buying and picking my times (price swings) has allowed me to do pretty well overall. A little planning and a level head go a long way

[@edb3877]

"A little planning and a level head go a long way." Yes, they do, and one can go far in life applying that to most of the things that they do. 👍👍

[@2is1gold]

Agreed!

[@kennyh5083]

Buying coins is useless! Gold and silver will retain its value because of what it is made of and paying extra for coins is foolish!@@2is1gold

[@deanthroop8054]

Always nice to get all the way through your videos, Mr. Jones. Thanks for keeping it real for everyone and helping normalize occasional missteps.

[@2is1gold]

Cheers!

[@Bobster986]

I starting buy at the same time (15 years ago) when gold was selling for $700 - $800 per ounce. At the time they were saying the economy would collapse and gold would hit $2000.00, I guess the hype was real. 😊

[@2is1gold]

Ha!

[@Tsl4Lf]

Inflation hit hard the past few years. Gold is going to 2500 Gold will never be 1700 ever again.

[@goldeneye70]

Yes the outlook for the dollar is not good but you cannot speculate that gold will hit 2500, and what if it did? So gold hits 2500, Are you going to sell it to get more green pieces of paper or more dollars? Your statement is redundant. I don't understand why people speculate on spot price, obviously gold and silver are undervalued, but what people are missing is gold silver and the other primary metals are real money, green pieces of paper is green pieces of paper. Paper is monopoly money and it only has value because the oligarchs say it has value. The only real money is gold, silver, palladium and Platinum, you can also add copper. The primary medals is God's money and it's the only real money there ever was. I mean I wish I could make a printing press and tell everybody in the world. This is what you will be working for, this is what you will use to buy things, where do these people get this power? Most of my friends work 16 hour days making green pieces of paper and they think metals are stupid. They don't understand intrinsic value and inherent wealth. It doesn't matter what price gold and silver goes up to, never ever sell your precious metals, only barter and trade if you need to. I hate these speculation videos, not this video but people who make videos to speculate on spot price. Another very good video. Thank you very much.

[@goldeneye70]

Inflation is a hidden tax, so let's say gold goes to 2500, are you going to sell it? Would you sell an ounce of gold for 2500 for more soon to be useless green pieces of paper? Keep buying gold and silver because that's going to be the only real money you're going to be able to use in the coming years, Maybe even weeks, Who knows. Gold and silver are grossly undervalued, just keep buying it if you have the means. God's money, gold, silver, platinum and palladium, the only real money on earth. Greenbacks, dead presidents, it just comes from a printing press from the oligarchs, no inherent wealth, no intrinsic value. Their Ponzi scheme cannot hold.

[@edb3877]

I've lost track of how many times someone has said that this or that would never be at a lower price. While that could be true at some point, most often it is not.

[@Tsl4Lf]

@@edb3877because inflation the past few years gold won't go back to 1700 impossible.

[@outlaw6429]

I remember not too long ago when Rhodium was at $30,000 per ounce. Look where it is today.

[@SilverBritches]

Doom videos are like the girl you call late at night for a fix.

[@2is1gold]

Ha!

[@jty1999]

👀

[@des_smith7658]

To fix a price for gold ?

[@user-st8bk4sk9i]

@@stevexracer4309 You are right - both can f.u. up

[@480Grains]

Omg lol

[@gmanEVO]

October 8th 2023 I became an uncle for the first time. October 11th I went in to my prefered coinshop and bought a half ounce, Lunar Year of the rabbit gold coin as a birth gift. Toys and clothes are stuff he needs, and will get regardless, but I wanted to give him something different. Something that may, in the future, spark a light to his knowledge of sound money. As future birthday gifts, I will give him some gold or silver instead of consumables or "stuff" that will be thrown away.

[@2is1gold]

Very cool!

[@edb3877]

You are offering your nephew a priceless gift via the knowledge of sound money. When he is older talk with him about sound money and its history. If he is receptive, it will be a gift that keeps on giving all his life. This is incredibly more valuable than mere "stuff" that is used, broken, and discarded.

[@SirAlford]

Wise Man!

[@slapdat.byteme]

Smart move, your new nephew is fortunate! Wife and I gave our daughter a 1-oz year of the rabbit pamp suisse gold bar for her 20th birthday last month. Same reason you had.

[@gmanEVO]

@@SirAlford Thank you ;)

[@pkizzle65]

I've definitely slowed down on the silver acquirements and working on getting my gold ratio a bit more "balanced".

[@slapdat.byteme]

The beauty of buying precious metals the way you’re supposed to (with $ you won’t need for at least 5 years & hold it for the long-term) is that daily/weekly/monthly spot price fluctuations become nearly meaningless.

[@stormforge68]

Facts

[@silverliner4894]

I would say that I'm up 50 percent on both my silver and gold and I'm fine with that. It's good to hear your voice again because I've been in the hospital. You always deliver a quality video. Thank you

[@2is1gold]

Hope you’re feeling better!

[@followingflinn8311]

I started stacking this year. Thankfully after finding resources like your channel. I remember my younger days when everyone freaked out at gold hitting 900. I never understood metals until my 40’s. I knew people that stacked all my life, but nobody bothered to say why.

[@user-vs5wr7fq7p]

People who stack silver/ gold only are uneducated on macro economics. You can't make money with metals, only break even because your metal went up but your spending power went down. So you're not getting ahead only breaking even. Bitcoin is real sound money that's the way to counter inflation.

[@AlwaysBored1]

Same here! Just bought my first 2 1/10oz coins.

[@followingflinn8311]

@@AlwaysBored1 it’s addictive!

[@ultimore]

I bought extra silver during the highs of 2011, and it has raised my average price a lot. It was a bad decision. But in the fullness of time, it has taught me the lessons you’re describing in this video.

[@edb3877]

Yes, things like that can be considered as "the price of education". In those days, I was buying a roll of dimes here and there, so did not have much silver. Later on, I started buying tubes of silver Maples and ASEs. A lot of them were bought at $15-$16 an oz. and with premiums of $2-$3. In 2019, I called my silver stack complete and now only buy when something really attractive comes along at a good price. These deals are rare but they do happen on occasion.

[@Moraprecisionreloader]

I think that the average price of gold is about 1300 to 1400 dollars an once of right now time frame I dont think that it will ever it gets to 3000 an once because every year people mine gold.

[@ultimore]

Hmmm. Nobody knows, right? It went from $35 in 1970 up to $800 in 1980, back to $200 in 2000, up to $2000 in 2011, back to $1050 in 2015. Past behavior suggests volatile long-term movement upward. I’m looking for $10,000 long before 2030. @@Moraprecisionreloader

[@ultimore]

Silver is extremely volatile, which is actually good for speculating. The problem is that the bid/ask spread on physical (roughly speaking, the “premiums”) make it such that you need it to go up a lot to break even, so silver will always be a better speculation than savings account.@@edb3877

[@simplehillbilly5852]

Solid advice as always. By far best gold KZbinr out there

[@2is1gold]

Hey, thank you!

[@AurumAura31103]

Agreed!!! 💯💯

[@bengunn6571]

Have you ever worked in radio before? Your voice is very pleasing to the ears 😅

[@2is1gold]

I haven’t, but thank you.

[@coreyrawlinson2236]

Was very heavy silver 2016-2017 sold all in pandemic with crazy premiums made 100% transferred all money to gold. Now just on cruise control

[@Gold_2030]

Really enjoy your videos. I appreciate your common sense approach. "Be greedy when others are fearful and fearful when others are greedy" - Warren Buffett.

[@wda-59-14]

Looks like a Maple as entered the building...glad to see it. While I enjoy, and look forward to, your latest videos, my stack more closely resembles your earlier videos...Eagles, Maples, and Sebenzas! Have a good weekend and thanks for the content!

[@2is1gold]

Great deals on them lately. Cheers!

[@timsilva1944]

Started my journey in the summer of '18. By dumb luck, that was some of the best prices in the last 5 years. Steady buying until '20 when things went awry. Received a bit of a windfall last summer and bought on the dip. Great savings vehicle!

[@yedidyah-jedshlomoh1533]

Started my journey in the summer of 1962. my uncle used to trade with me.

[@bhargi4692]

I actually fell into in with my grandma buying jewelry and reselling it and the peak we bought at was $700. She ended up selling at almost the top in 2011 because my grandpa needed property tax money. I started personally buying at $1100 and got interested in learning about it

[@billweldon73]

Really enjoy you sound advise. Between you and my wife , I’m learning not to be so impulsive, rather to be patient. Keep encouraging us newbies.

[@edwardhubbard9769]

I’m still sticking to my budget and the price doesn’t really make me change my mind. The 15th-ish is when I buy and it seems to be working for me. 🇺🇸

[@3rdworldchild856]

We love our favorite dumpster diver ....keep em coming

[@2is1gold]

✊😄

[@illegalsmirf]

Commiserations to all those who bought silver at its 2011 high, as you might never be able to sell your silver at breakeven in your lifetime. The lessons about buying low and selling high are the same as applies to stonks. If you had bought the 2011 S&P 500 highs, you would at least thankfully be in profit by now. The lesson I learn from this is that buying silver at ANY point in time is unlikely to make you a profit or at least keep up with inflation. Silver is worse than dead money.

[@glenh4971]

Many years ago I wrote an email to Jim Sinclair asking for advice on buying gold. He told me to buy low and sell high. Best advice I ever got.

[@2is1gold]

Ha!

[@orfatron]

This is by far ! The best video review on gold and silver . THANK YOU ! . I BUY gold and silver for the very long run . Something to leave my kids for there retirement.

[@g7eit]

I’ve been saving since 2025 in gold. I’m saving for another boat. My exit plan is next year. I’m praying for a spike but if it’s a year late, I’ll wait. Big fan of your channel.

[@edb3877]

Aha! A time traveler! That must make investing a LOT easier! 🤣

[@2is1gold]

You need to name that boat "Exit Plan". 😄

[@g7eit]

@@edb3877 please explain……..

[@g7eit]

@@2is1gold I was going to name it “Plan B” 😂

[@topshelfspringwater6923]

I started buying gold before it was called stacking in preparation for Y2k. I took advantage of Gordon Browns 250 tonne selloff of British gold and bought my first 20 American Eagles for $272 each. In the last remaining months I scooped up another 240 Suisse 1 oz bars averaging $280 each and still holding 245 oz.

[@ptown0358]

Sounds like a cool half a million

[@andydetweiler766]

Nice stack!

[@2is1gold]

Nice! Anyone who caught that England Sale should be happy. Cheers!

[@Bryan-ww3bx]

Im still on the trading copper for gold kick so its slow and steady, but you've definitely got me to calm down a bit and wait until price drops to buy

[@walidkhatib3859]

Stacking since 2 years 50 ounce mark now… I watch your videos since the start good work

[@Moraprecisionreloader]

Sellers and most regular people think that gold and silver always goes up,but in reality it can fall in prices, just keep that on mind..

[@AdamG41]

One of my favorite subscriptions when I see a new video, appreciate your breakdowns and shared knowledge and experience!

[@2is1gold]

Thank you!

[@strykerentllc]

Solid presentation as always. After 15 years of acting on PMs, one tends to see trends that equate to cause & effect on spot prices. As such, those of us that have been at it for nearly 2 decades know when it's a good time to convert fiat to PM. The future is bright in gold--silver gets tarnished and takes up too much space. Have a great weekend!

[@2is1gold]

You too!

[@mf9881]

Great talk and advice. I think I’ll leave the anxiety pill today in the cupboard

[@2is1gold]

Good plan 🤜🤛

[@slhines7]

I've found that the price fluctuations in Rhodium and Palladium to be the absolute craziest, even Platinum has been ass backwards.

[@jimboramba]

Platinum is the most interesting metal to me.

[@slhines7]

@@jimboramba Same, even though the price has gone sideways for many years. I actually remember when it was twice as expensive as gold.

[@edb3877]

@@slhines7 There was a time in the past when Pt falling below the price of Au was a terrific BUY signal. These days? Not so much. 😕

[@user-st8bk4sk9i]

Palladium's decline wil continue for some time, but spike again around 2030 - according to CPM Group. So hold on to your stack!

[@danielhay184]

Great video we all need to do our own research when stacking and not listen to the many sponsored silver pumping channels out there

[@2is1gold]

🤜🤛

[@geoffas]

Never forget that all chart gaps, eventually, get filled. Gaps + patience = great buying opportunities.

[@mdavid2100]

I started in 2010. Bought some silver at too high price. Bought gold to offset my bad purchases. I'm still holding the high-priced silver. I've sold some silver to help with retirement and home upkeep. BUT, I have learned that now, on 11/17/2023, I'm deleting all emails from dealers urging me to buy silver and gold. For me NOW is not the time to purchase PMs. Yes, It's so far, a great savings account.

[@PaEMT_FF9]

Did you ever tell the people in Venezuela the “Never” thing?

[@dannyhalstead6524]

I know this is overly simplistic. Just buy it and forget it. I am 73 years old. I have seen Gold go up and down. When in my most active buying faze my benchmark was the estimated cost of getting it out of the ground and refined. At the time that was around $1200.00 an ounce. The funds used were discretionary. Managed to accumulate 356 oz. Investment doubled in value. Silver was on a longer timeline but it has more than doubled. I follow the charts and look for the big dip then buy as much as is comfortable. As in many things in my life having cash when others do not can be an advantage. I have always been a saver. Having savings in gold was a luxury to me. It was not a cash asset but simply insurance. I never saw it as a cash asset to spend. Gold has not been a disappointment. A sense of security is priceless. It has enabled me to more confidently invest in all three sectors for balance and generate funds with acceptable risk.

[@david.9633]

Thank you for the episode

[@natemr4482]

Great video brother thanks for the info have a great weekend 🥃🥃🥃🥃

[@2is1gold]

Thanks Nate! 🥃

[@homesteadaquarius]

Thank you so much for your calm insights on precious metals. I really appreciate you. These days are testing folks in so many ways, my pause button is hard to hit right now. I just want to buy it all.

[@2is1gold]

So many people playing on fears. Frustrating.

[@lukewilliams1950]

Happy Friday!!

[@2is1gold]

🤜🤛

[@PhiLLy84]

The Maple back in play, i love it!

[@gooroochillafarnorthqld-Aus]

Brilliant, grounding advice mate, thank you.

[@2is1gold]

Cheers!

[@edb3877]

"Everything You've Been Told About Gold and Silver is Wrong" But, but, 2is1, EVERYTHING I know about gold I learned on THIS channel! 🤣

[@georgina979]

Ugh, that one bar I bought... I still remember it.

[@2is1gold]

Ha!

[@davidkerins8464]

I just bought some silver for the first time about 20 minutes ago. I bought 3 silver eagles and a variety 5oz pack of silver all for about 230 dollars I've been interested for awhile and finaaly pulled the frigger

[@brucey5585]

The last time i bought gold was last month when it came down to $1850. I was hoping to get more at $1750 but never got there. We are close to $2100 again.😢

[@CrustyWhiteBread]

Thanks, m8. 👊👊

[@2is1gold]

👊

[@stevecurtis6393]

If gold went to 5000.00 a ounce today, would you sell it for cash today ? For gold to go to the moon it means the dollar has crashed or SHTF and the cash would be toilet paper. Look at gold and silver as a hammer that sets around till you need it. Think about trying to build a house with a screwdriver or in most cases not even having one. 50 yr's plus , buying and selling.

[@72cmcinc]

Excellent as always! Keeping on, keeping on!

[@2is1gold]

Thanks!

[@SgtGold3]

Another great video. I appreciate what you do. GFL! (Gold For Life) 😊

[@2is1gold]

Thanks!

[@SilverSquirrel]

Darn. I was hoping at least some of what I was told about gold and silver was right.

[@2is1gold]

😄

[@markgotschall2914]

Like to the moon?

[@edb3877]

@@markgotschall2914 No, that's the ONE thing I never believed in the PM discussion. PMs are susceptible to people who are perceptive and patient. One can make good money in PMs but one first has to avoid the old "never sell" cliché. There is a time and place for everything, even selling when it seems appropriate and profitable.

[@bhargi4692]

​@markgotschall2914 I've seen crypto moon, gold I do expect to go up in dollars.

[@ewinslow822]

What is that 20oz of gold? Lol what a flex! 0:28

[@nancymontplaisir3467]

' Have a great weekend, I have done really well on being prepared for yesterday. and should be set for life but by added Gold to the mix Now i own something that will be here forever ,That's cool . That happen because i saw your video back at about 2k in sub's for that THANK'S

[@2is1gold]

That's great! Take care!

[@Pat_Smith778]

Made those mistakes with Ag, but Au. Why? I started listening to THIS channel. Thank you.

[@2is1gold]

🤜🤛

[@marknordgard1916]

Yes for sure and specifically here on youtube

[@robertlyon8876]

Good advice 😊

[@rogerjohnson8707]

Great history lesson and perspective.

[@2is1gold]

🤜🤛

[@pinealgland2922]

excellent! very interesting, I use it as a savings primarily as well. I just naturally feels good.

[@Nikolak44_AJ_Epic]

I've been told just to break even, gold has to appreciate 30% to make up for 15% premium when you buy and another 15% when you sell. The only people making money are the brokers. And for silver it's 50% appreciation before breaking even.

[@calebdoner]

I never bought gold until i geard your take on it as a savings account. Thats the only way it makes sense.

[@AGAUaddict]

Stacking/collecting seriously since 2001 and even back to the 80s with my Pop when I was a kid. Listen up people. There is some solid no nonsense advice in this vid!!!

[@GHE2005]

I don't have any gold. I hear that the economy is in the 🚽, ur $$ losing value. Hearing how my $$ is losing value makes me want to get into gold, a panic buy, so I don't buy gold. It's really hard to know when to buy, due to all the noise. But ur right about, if there is doom & gloom & panic, don't do anything. The price of things will be higher.

[@sandracrandall4561]

Food, a comfortable home & ways to care for it are equally if not more important than gold.

[@iwanttodie149]

assuming society doesnt exist anymore. But if the value of the dollar goes far down and you have pm's that retain value in that market where you may need money in a moments notice, its helpful. Plus learning to hunt and provide is more useful that buying food. @@sandracrandall4561

[@thereisnospoon6281]

Always solid rational advice!

[@2is1gold]

🤜🤛

[@dukenukemani07]

Fear is the absolute worst reason for buying any kind of asset. I really wish this community would wise up and tell the doom-Sayers to stop crying "Wolf!" That said, I tend to buy alot more when metals are on a down trend and buy alot less when they are on an up trend, because there's nothing to say the metals won't go right back down literally the next day. I've seen it happen. Remember folks, the "Moonshot" dream is just that... A dream! It will NEVER HAPPEN!

[@olddirtybastardgarage]

Eh I honestly be happy silver goes 27 and holds.

[@dukenukemani07]

@@olddirtybastardgarage Yes, people should be thankful if they don't end up having to sell at a loss. Anything else really is a moot point because "Silver" and "Savings" both begin with the same letter (hint). Silver is not for making a quick buck.

[@michaelmccoy2847]

Take a moment, breathe, stretch, find inner peace… and just steadily buy gold ✨🦬✨🦅✨Ignore the doom and chaos

[@2is1gold]

Serenity now! 😃

[@ComicCommando]

All great advice however, there isn't a good asset class besides gold out there to circumvent the devaluation of the dollar that isn't tied to debt instruments, bonds (mercy of the fed), stocks (yes you can get lucky but only 7 companies are propping up the S&P), even real estate if paid off still runs the property tax game and can be taken away (eminent domain)

[@rodneyo2916]

Been in AG/AU since 03. Been selling AG last few months. I am selling because I need the income. I don’t have a job now. Glad I have it would have been nice to be up where the pumpers say. I am glad I have it. Probably won’t ever sell my AU.

[@2is1gold]

Definitely a good thing to have. Good luck!

[@wawaldi]

As long as FED has a grip on world financial system dont expect silver to go significantly higher..

[@millerforester6237]

Bullion is not an investment, it is a store of value. Guessing the market is nothing but speculation, trading for a profit. Long term or a few years: cost average in, cost average out. Buy the most liquid items, at the lowest premiums. Right now, 1-10oz silver bars have the lowest premium; junk 90% silver premiums have dropped, too. Junk silver is the easiest to sell. Popular 1oz gold coins have a very low premium right now; Maples, Krands, & Roos for as little as 2 or 3 percent. If you are patient, buying the dips works even better. Long term, gold has proven to be better than silver as the store of value. If 1oz of gold is not in your pocketbook, save for it. Or, there are several smaller foreign coins that trade near bullion value, such as: Sovs, French & Swiss 20 francs, Mex 5-20pesos, etc. Gold prices usually trade inversely to interest rates. But in this high interest rate enviornment, gold prices are not only steady, but rising to new records in price. My take is that buyers think the hyperinflation will take hold soon.

[@joejoejoe4577]

Good advice.

[@2is1gold]

🤜🤛

[@Christ-1]

To sum it up, buy when times are boring and sell during times of pandemonium.

[@timgunn2094]

I look at Gold and Silver as insurance……I look at slabbed , MS 62 and 63 PCGS St. Gauds and $10 Indians , as investment….Any Gold ,high or low , is better than other buys out there

[@sadddge2067]

pls upload or make a short video showing your full stack. let me have a look since i cant stack that big

[@Rayda56756]

Sound advise thank you

[@2is1gold]

🤜🤛

[@mauriceorayii2964]

It's always better to listen to people who speak from experience instead of popular opinion. If someone is pumping or dumping, they're telling you not to respect the historical signifcance of gold as money.

[@Robert546]

What are your thoughts on 1 oz Silver Round - Standing Liberty better value than American Eagle?

[@pala23mj]

I am very new and just buying when I can. Do you recommend 1 0z and half oz of gold over the 1/10 etc…. It appears to cost less of you purchase the full ounce. Cheers

[@2is1gold]

Yeah, much lower premium. Cheers!

[@jacobmanalang8162]

i did get notice on a watch i wanted for 10.5 and its a datejust 41 black face, fluted bezel, jubilee band. i was impatient and copped a blackface explorer II from 2012 which i loved until right now and im thinking about trying to sell it and maybe some gold to move into that datejust 41. the other move is a black raven escalade. i know i cant finesse my way into the v model but a sport version....i may be willing to take a bad deal. i have 2 more years on my truck until i own it...but im also stupid... stupid is as stupid does!

[@LD_Tush]

Great content my friend. Since i just started stacking in August 2022, i haven't had the opportunity to buy during a swelled market. Well, I'm hoping the market isn't swelled since 2022. I think i have enough silver (for the most part) so im just buying gold during the dips. I guess if our economy was straightened out over the next decade gold prices could fall. I guess I'll find that out if and when the time comes. In the meantime, i will continue buying gold when the prices are down, these days.

[@2is1gold]

🤜🤛

[@tomtharos4440]

Ah, the good old days when we didn’t have “limited” edition everything trying to give us half a much metal at twice the price.

[@edb3877]

I avoided that by having OUNCES as my goal. If really hard times come our way, no one will care about how collectible this or that coin is, only its weight and purity will matter. Absent those hard times, then people can worry about the fine points of coin collecting.

[@edb3877]

@@stevexracer4309 Agreed. Quite a few refugees from foreign countries have come to the US with some gold coins or bars sewn into the lining of their coats or jackets. That wealth was preserved in gold, not paper currency, and allowed them to get a great start on their new lives. The good news about gold and cutting it up is that gold is a soft metal that is easily cut. One could also use a drill to create gold turnings from the drill bit to pay for things. I saw a video here on YT about people in Venezuela using a file to cut some small gold bits from a piece of jewelry to pay for food and medicine. Others used a link or two from a gold chain to do the same thing. Only problem with using jewelry for this is the very high cost of such gold. But if one has the jewelry from former better times, why not use it for current necessities during hard times?

[@BygoneGent]

Now can we please hear about the buys you still make outside of your proven same coins and slow & steady approach. Like why do you like buying the gods of Olympus series in antiqued silver? Those coins are 🤩!

[@2is1gold]

Ha! Some of the things on my desk are like a yellow corvette, just at smaller scale. 😄

[@Indytelevision]

I bought a bunch at a high but my income was higher by a magnitude of double to what I make now so I have no regrets even if I’m in the hole slightly now.

[@drrussdc]

Buy when it's boring, sell when it's hyped, hold when it's gold.

[@23Keith23]

IC metals as a savings also and it helps me put money back and just forget it

[@NWsilverstacker]

Love the content

[@LMUstacker]

looking at the gold chart for the last 20 years, it seems to me that now the "correct" price of gold (removing the spikes from covid, ukraine and gaza) should be 1800, and right now it's 2000 because of Gaza. However, the same charts indicate that the "correct" price will be 2000 in 2 years from now. So, unless things with Gaza slow down and the world situation improves so much that the price goes down to 1800 within the next year, there's not much difference in buying now or in two years. Am I wrong?

[@theodoreboosalis]

You can always short your stacks in the Futures markets - it's there for a reason. I wouldn't worry too much about "I overpayed" as much as how you manage your assets.

[@doctordynomyt2417]

Hey @2is1gold, after seeing your recent video about unloading some "mistakes" during the gold price swell, I also sold some pieces that I wasn't very fond of, including some US Commemorative Arts coins. And actually, you and I had a brief chat when I'd bought those because I'd commented that they were being offerred at spot and asked your opinion. Well, to my surprise, I got more for them than for the Valcambi Suisse bars that I sold at the same time. Provident gave me 99.5% of spot for the USCA coins and 99.0% for the bars. Now, overall, I came out 9% ahead on everything, due to having bought around $1750 spot, but the USCA coins earned me more than the generic bars. Just thought id share that with you and other viewers - my LCS offerred 97.5% for those and said theyre the "worst thing the US Mint ever made", and yet I got 99.5% elsewhere and came out about $200 ahead per ounce....

[@gwynedd1]

Paying a little extra tends to go away over time. In the 2000s you may have gotten an ounce at $800 instead of $650. That would seem like a big deal at the time. Selling out in a panic and paying premium overhead back in is where real money is lost. Gold that does not go to zero combined with DCA is the real formula.

[@TobaccoRowe1960]

9 years Stacking here

[@bigdaddyhoffman1911]

Excellent content as always!!! Your getting some really good view count numbers on your videos, keep it up Sir.. When it comes to KZbin and your content The World Is Yours for whatever that's worth...lol. I'm sitting on 313K Subscribers and 107,232,671 video views and haven't put a video out in over a month. I enjoy making and sharing the videos but find it harder and harder these days, guess it wouldn't have anything to do with being 70 years old, owning two company's and still working six days a week....lol. Anyway, keep it up my friend. Life is good. God Bless

[@2is1gold]

That’s great! Good to see hard work here pays off. Have a good weekend!

[@TobaccoRowe1960]

If I am going to sell my silver at $200 an ounce what does it matter if I buy it at $20 or $23. For me it is not about price it is about buying consistently on a regular basis and Holding.

[@OffGridandOutdoors]

Except the Goldline Hucksters

[@makingwaves1239]

If you just are looking for some quick bux, and your only reason to be in precious metals is speculation, then you can just buy and sell "paper gold". If you buy the metal itself, whether it is gold bars or gold coins, it is because you want to hold them long (maybe indefinitely). Prices will go up, prices will go down, but that metal is your life insurance.

[@rg7792]

Personally I don't like anyone who says "The world is ending, anarchy is taking over etc.". Gold & other Precious Metals are meant to be bought as an insurance or hedge for certain political and financial situations like 2008.

[@2is1gold]

🤜🤛

[@michovaltrades8444]

gold is good to have but as an investment its hot trash as a store of value again hot trash. silver is a bit better i suppose. but they are mehhh. its a good thing to have as diversification.

[@DadsPreciousMetals]

Do you own any platinum? I think a topic about platinum would be really interesting

[@2is1gold]

I don't. I don't think enough people think of it as a monetary metal. Cheers!

[@royharris7135]

Yes i was looking into platinum aswell recently wouldtnt mind hearing one video on this that way we would get a lot of people in the comments section with there views aswell its all about diversity.

[@DadsPreciousMetals]

@@royharris7135 Agreed! I buy gold and silver all the time because im a jeweler and thats my main materials. And also for that reason i cant really put away as much gold or silver as i want to so I was thinking platinum would be pretty cool too have set aside since i know i wont use it.

[@DadsPreciousMetals]

@@2is1gold It has its own place, it's very rare and is very useful.

[@mike423439]

Hindsight is always 20/20. I think acquiring gold and silver at most any price is a good investment that will provide long-term wealth. I don't believe in a bad purchase.

[@AnbarMarine]

Curious if you found the French roosters to be a good investment? I hv a few, but hv never tried to sell them and don’t personally know anyone else who stacks them