$75.00 Double Eagles purchased in 1965 continue to do very well for me!
@RoccoRodrigo11 ай бұрын
In U.S. we weren't allowed to buy gold until 1974
@MENSA.lady211 ай бұрын
You can never have too much gold.
@BlackSwansFine-jx8qu11 ай бұрын
This is what I do. Knowing that debasement of currency is never going to stop. I use gold as my savings account. The bank savings account or physical cash stash is just for an emergencies. So as far as percentage it's irrelevant to me. Simply keep a set ammount of bank savings, cash, and then convert extra currency as is comes in to gold.
@DR-oy9wc10 ай бұрын
Most underrated and ignored comment here 👍
@MrTrippticket10 ай бұрын
That's basically what I do, except I don't keep any extra money in the bank...just what I need to pay the bills.
@modernsaver-km5ex11 ай бұрын
If you don’t trust the banks and fiat currency, wouldn’t it make more sense to have a much higher percentage in Gold and Silver, so when the currency collapses you will be in a good position to prosper?
@AragornArathorn-i5e8 ай бұрын
I'm thinking the same and also thinking how much cash I need to keep at hand for potential future expenses.
@KenGroth-ts6ge6 ай бұрын
It also depends on if you're a baller or not. It really just depends on if you can be bothered to actually buy stocks regularly.. if not.. getting addicted to gold seems like a nice way to save money. Sure, it doesn't directly gain value.. but compared to simply holing money in a savings account, it basically is like watching your money grow.
@hubster44774 ай бұрын
You arent going to prosper when the majority are suffering, your stuff will be taken by gangs of bandits.
@choosiewhoo170011 ай бұрын
Yes sir, entire portfolio into gold.
@George-nn8ui11 ай бұрын
Great stack!, I’ve only managed to accumulate 13 gold and 520 silver past three years., almost half of my earnings since I’m setting up for living off the grid and hardly no debt., doing both at the same time., wealth preservation and self sufficiency., both strategies do make sense.
@I.haveacurrent.t.recommend11 ай бұрын
I get my Gold and Silver from APMEX ❤
@daveb22805 ай бұрын
Me too! BONUS!: I live in Dallas, TX. I get one day or two day shipments from APMEX being located in Oklahoma City, OK.
@AmericanBulldogFit11 ай бұрын
Banks get fined millions of dollars for making billions in profit. I hate the system. This is why I buy gold.
@oak66411 ай бұрын
The system is going to change. They plan to tokenize gold. Looking to a company called ripple. XRP and xlm will be part of the future. Good luck
@hubster44774 ай бұрын
Gold mining is absolutely horrible on communities, nature, water ways, humans, with all the chemicals poured into the ground not to mention human workers.
@IanMikrut3 ай бұрын
The System hates you too. Maybe Buy Guns/Ammo too, if you haven't Stay Independent, Stay Free
@TonyL-gw4qx11 ай бұрын
Go 75% in gold and silver. It has been out performing the stock market for years.
@paulleonardo404211 ай бұрын
I feel precious metals are a safer loss than other items. I feel precious metals are a safer investment with less of a risk of failing. My question is, how long do you hold onto your precious metals before you sell....tyvm. 2 years before I retired, I moved my 401k into precious metals, its doing well so far....
@mysterybuyer373811 ай бұрын
The way I look at it is if you are not at least 80% gold or silver in physical form you are not even trying.
@BuceGar11 ай бұрын
I wish the premium on fractional silver and gold wasn't so ridiculously high.
@terrancenorris99923 ай бұрын
APMEX has very good deals on gold at times. Watch for their specials. They send out "Flash Sale" offerings from time to time..
@dukenukemani0711 ай бұрын
Great advice! I'm an Apmex customer myself and I love the service. Just wish the premiums were a bit lower, but I don't have anything bad to say about my experience with Apmex. 👍
@Tupinamba775 ай бұрын
Have been watching several precious metals chanels and your's is one of the best. I really like the rational and technical tone. Cheers!
@RexGo-ft1go11 ай бұрын
Just like stocks prices go up and down, but at least it won’t go to zero
@DannyPops11 ай бұрын
always excellent content. If you get a chance to start EQ'ing the audio those lavs are kind of heavy on the bass end with not much top end making it kind of harder to hear some of the articulation of his words. Thanks for the video!
@john-ze7eu11 ай бұрын
Percentage of what exactly?? Your total assets value (house, stocks, guns, etc)??
@apmex11 ай бұрын
Percentage of portfolio - it's difficult to get more precise than that since everyone has money in different investments, some quite complex. Good question.
@stevend878511 ай бұрын
I see it as a hedge against the US Dollar. The US Government will find itself in a debt death spiral if deficit spending policies are not corrected fast. They already have 8 trillion that was near 0% renewing at 5%+ next year. I know the pattern because I went bankrupt myself 10 years ago. The first thing that happens is your 0% balance transfers go away and the debt costs you more. You can’t pay it off. Like just about everything, it goes slowly at first and then very fast.
@Stack4Life-yq9hw11 ай бұрын
How much gold you need? Well how much money do need Because Gold & silver are money Period...
@jeffcauhape688011 ай бұрын
Well thought out. Thank you for producing this video.
@slurpie8911 ай бұрын
In Islam, more than 85g gold is considered rich because when one get to that limit they need to give alms/charity around 2.5% of the total you own. The alms will be distributed to the poor, needy, single mothers, orphans. The same goes for silver which if you reach the threshold of more than 595g you need to give 2.5%. The conditions for both gold and silver to give alms are they need to be in your posession for one full year. If your gold and silver is less than 85g and 595g respectfully, you don't need to give alms. 😊😊😊
@ivanmejia684311 ай бұрын
That's why I'm Catholic.
@primoxxl7111 ай бұрын
84.99 I think I am good.
@TheQueendom-Au5 ай бұрын
Wow! That's not much at all. And is a reasonable expectation to achieve. Unfortunately Americans are gluttonous and think you have to have hundreds and thousands of oz for it to mean anything. Peace be unto you and yours ❤
@jaredroussel4 ай бұрын
@@TheQueendom-AuUnfortunately Americans are tolerant enough of free speech that people like you insulting us all day while giving other non-American cultures/customs free passes because they are somehow "diverse" (and we somehow are not) are a dime a dozen.
@rondoottosen427511 ай бұрын
What you can afford.
@DrSchor5 ай бұрын
how can you know what you can afford?
@Pelican5077Ай бұрын
40%. 75/25 gold/silver.
@pricematcher784211 ай бұрын
Wow look at those .9999 maples shine in the line up. Why would you buy anything else, thumbs-up
@ronwinkles26015 ай бұрын
A better buy than eagles!
@pouglwaw59325 ай бұрын
That's the million-dollar question !
@bengmelea864611 ай бұрын
Ignoring all other asset classes and only investing in two: currency in a bank (earning interest) and gold. You would know that your currency in a bank is being inflated away through central bank "money printing" at a greater rate than you earn interest from the bank. This is why gold always appreciates in value over the long term because the fiat used to measure that value is always depreciating.
@IlyaAvdeev7 ай бұрын
Totally true. Dollar costs 40 times less for the last 50 years, from 0.8 grams to 0.02 grams of gold per dollar.
@MK7779-6 ай бұрын
Excellent content, thank you .
@t-bone79886 ай бұрын
Do you endorse selling silver to buy gold? What's your view on this? I bought too much silver imo and now think I would of been better off with gold coins. Silver price right now is high!
@apmex6 ай бұрын
We have a video coming out in the near future that lays out the "rules of thumb" for trading the gold to silver ratio! Keep an eye on out on the channel for it. We don't have any official position on the strategy itself and can't endorse a particular tactic, but some people swear by ratio trading. We'll show you some things to avoid and some things to look for in the upcoming video if you want to give this a try.
@pouglwaw59325 ай бұрын
PM investors say that silver is so undervalued now that it makes no sense to convert it to gold, which is priced at almost historic highs. When price ratios change and get closer to the historic 20 to 1, then it's time to convert to gold.
@svoncampe11 ай бұрын
When you speak of a portfolio, and in particular what percentage to attribute to gold, what assets comprise the portfolio? Cash? 401(k)? Stocks? What about real estate? What other kind of property? I realize it will vary, but generally speaking, what makes up 100% of one's portfolio?
@michaelearlgrey11 ай бұрын
I consider anything I could sell as an asset and lowball the estimate. Ie- My house, car, guns, stocks, cash, and metals are my net worth. My appliances, food, furniture, clothing has virtually zero resale value so I don't count them.
@wnrr26966 ай бұрын
@@michaelearlgreydon’t majority of cars depreciate in value though barring certain kinds
@wnrr26966 ай бұрын
@@michaelearlgreyI’m not sure what the resale is like with guns, but I feel like property gold stocks etc if left five or ten years will have appreciated Vs most cars, you would have to pick something you know will hold or gain in value
@veritasfiles11 ай бұрын
I don't know why we always have to talk about this in terms of percentages. It's much more simple than this. 3 to 6 months of living expenses in physical cash held outside of the banking system. Enough Silver & Gold to account for your expected lifespan. For the average middle class American, this is going to mean 900 ounces of Silver & 36 ounces of Gold per year or 350 ounces of Silver and 43 ounces of Gold per year. If you're in the upper middle class, just double those numbers and multiply by at least 10 or the number of years from right now that you expect to live under ideal conditions. Start thinking in ounces instead of percentages. Stick with 22k Gold coins, preferably Eagles, but have a few Krugerands as well. Smaller increment Gold is more liquid on a local level, and having a variety of Silver in 1 ounce increments and fractional 90% is your best bet.
@michaelphillips31238 ай бұрын
Per year? You know some VERY well off people.
@pouglwaw59325 ай бұрын
You should add a disclaimer at the end saying- " I know, I know that 500 oz. of Gold and 15,000 oz. of Silver is more than beyond the reach of just about everyone on the planet, and currently, King Charles doesn't need that much for living expenses, but I let my calculator run a little wild and this is what I got."
@kenpeters98076 ай бұрын
If not investing in actual real money, what would you suggest (other than real estate).
@donaldmartin83611 ай бұрын
Great video and content. Thanks for sharing.
@michaelphillips312311 ай бұрын
20% metals for me. Mostly gold.
@DrRock200911 ай бұрын
20% is the sweet spot, apparently 🤷♂️
@pouglwaw59325 ай бұрын
Gold investing at 20% is fine if you trust banks and Wall St. with 80% - I don't. Anything less than 50% is like playing roulette with monopoly money to me.
@amylee603811 ай бұрын
Interesting. We're at 12.5%. It just felt right.
@NerdyX9011 ай бұрын
You can never have enough. 🤷♂
@pouglwaw59325 ай бұрын
I've always wanted a big, pirate chest in my secret room [ yes, I do have one ]. When opening it, I wanted to see it filled to the top with gleaming gold and silver with a few jewels here and there to add sparkle. What's wrong with that?
@ganocd411 ай бұрын
Which investment forms suggest more than 10 percent portfolio into gold? It was my understanding 10 percent was the highest number, not the low, so just checking objectively. Thanks
@sixtwoinak11 ай бұрын
Thank you. 👍💪🙏
@danielbbq8 ай бұрын
In these times more PMs and less fiat is proving to be wiser IMO
@DrSchor5 ай бұрын
name just one time that has not been troubling.
@KailuaSunset11 ай бұрын
Very sound advice!
@kenpeters98076 ай бұрын
Wouldn’t some one want actual money (as opposed to fiat money) as their investments.
@DrSchor5 ай бұрын
no
@davesubers341511 ай бұрын
Most people have zero percent in gold one would think by now with all the shit going down that that would have changed. Must be manipulation!
@DrSchor5 ай бұрын
why can't it be stupidity?
@pouglwaw59325 ай бұрын
Real economics is not taught in schools and almost everyone believes paper is money, investment advisers say " Gold doesn't earn any interest", and others say"Gold is an outdated relic from the past." I've heard "Ignorance is bliss"- We will see, won't we.
@jackgoldman15 ай бұрын
How much is enough? Try to hit 50 ounces of gold and 1,000 ounces of silver per person. That is 100 ounces of gold and 2,000 ounces of silver per married couple. That is enough.
@ediddysmith250011 ай бұрын
When you have no home or money, how much gold or silver should the poor have?
@pouglwaw59325 ай бұрын
Probably none- invest first in your necessities for survival. Life is more precious than gold. When you can begin to think about saving for the future is the time to start thinking about investing
@blackmancer5 ай бұрын
All the gold.
@michaelmohrle177311 ай бұрын
I like goldbacks, I know the mark up price but it also makes it possible to own gold pretty easily. Nice art work on them as well.
@DrSchor5 ай бұрын
so how many goldbacks should you own
@sleepy5805 ай бұрын
PMs have helped me because I don’t trust me! If I have funds in savings, I spend it, same with cash at home. So PMs become my savings because I can’t readily spend it.
@johnking227111 ай бұрын
Yeah this made sense to me, not too technical, easy to understand, and that guy seems nice!
@apmex11 ай бұрын
Thank you! We're glad you liked it!
@squidnerful5 ай бұрын
The Fed controls the price of Gold. Did you not know that? If you are looking for safety pay off your bills and stack food and water
@janicejohnson133410 ай бұрын
I'm sorry . . . But 5% or 20% of what ? ? ? Og my yearly gross ? . . My bi weekly check ( after tx or before tx) . . Again . I'm sorry . . I do not understand 5% of what ? ? ?
@michaelschachte35839 ай бұрын
If I understand the video correctly that's a percentage of your total investment portfolio. For example, if you have $100,000 saved up for retirement in stocks, bonds, your bank account and so on, adding 5% gold to your portfolio would mean getting $5,000 worth of gold.
@DrSchor5 ай бұрын
@@michaelschachte3583 if you have 100k, how can you add 5K just like that?
@CristinaAbbaTemarco2 ай бұрын
Buy gold and keep calm!
@CameronFussner10 ай бұрын
Is gold really worth it to buy ? In terms of the short term considering taxes and overall cost of upfront purchase then trying to resell when I actually need the liquidity, is physical or gold stocks more worth the cost ? Because it seems to be when people speak of gold their not being specific to the short term or Long term approach to justifying the purchase. Let me know your thoughts , thanks anyone
@michaelschachte35839 ай бұрын
It can be. Many years ago I was lucky enough to buy gold when it was under $300 per ounce. Some time later I sold my gold for a modest profit, because I needed the money for a major expense. Is it a good idea to buy gold as an investment right now? That's a tricky question. Gold is up near its all-time high. Fans of gold will claim that it's going to keep going up forever, but take a look at the long-term chart of gold prices and it'll give you pause.
@DrSchor5 ай бұрын
@@michaelschachte3583 it can be, and it cannot be. great answer, o wise one.
@spring45223 ай бұрын
I don't buy gold. I sell dollars. I accept gold and silver in exchange. One functions within a banking system. The other functions outside the banking system. My concern is with the banking system. I don't trust it.
@_LAND_OF_THE_FREE_11 ай бұрын
I wana know ounces, not percentages 😊
@justinallport978911 ай бұрын
I like the .9999 over the .999
@DrSchor5 ай бұрын
some people do. people like you.
@pouglwaw59325 ай бұрын
Colloidal Silver can be made at home and is the world's most broad-spectrum antibiotic, antiviral, and antibacterial [fact]. Because its use is medical and will be in your bloodstream, use only .9999 purity silver, not .999, except in an emergency.
@CoinTime88811 ай бұрын
about 15%
@christophermccormick867011 ай бұрын
Cheers 🥃
@richmendelson819411 ай бұрын
The comments aren't full of fake investment advisor advertisements yet? Cool.
@apmex11 ай бұрын
We try to delete those when they come in. Some of them are sneaky.
@michaelearlgrey11 ай бұрын
You mean you don't respect the prestige of Sir Antwon Kingsley who made me a profit of $345,778 on an $8 investment??😅
@coryhilleboe693811 ай бұрын
BYOB... Banks are never safe. Keep what you need i there. Bail in???
@ArfatBukharai4 ай бұрын
Hello 👋👋 I believe in Minimum 1 Kilo 😊( 86 Tolas)
@Two-brothers-stacking11 ай бұрын
Well I have a channel called two brothers stacking and we don't buy gold just silver.
@membershipmovement11 ай бұрын
The worst advice you can get is from a financial advisor...
@agates938311 ай бұрын
It's a personal choice, in my case I went with a percentage of NW.
Are u gonna eat the gold when everything goes to crap? I’d buy ammo n food that lasts. One Dorito or bean is worth more than a diamond of any size if you are starving
@michaelearlgrey11 ай бұрын
You're not wrong but if you actually have serious money you'll eventually run out of space and shelf life. I had preppin food going bad before I could eat it so I started into metals. Ammo has a great ROI. Plus there's a ton of scenarios where people AREN'T starving and the economy is collapsing. Hate to miss gains betting on the wrong item...
@DrewOdell-vv4gt14 күн бұрын
Funny you say: for storing wealth always keep 6 months cash on hand!! Well I got more than that,and money in bank pays just about nothing while gold goes up daily,it's kinda hard to put my money in the bank,and for the last 2 months,100% of my pay has gone into gold
@slapdat.byteme11 ай бұрын
My 2 Cents: 1) Keep these metals at less than 5% of your net worth if your net worth is below $500K. For every $250K above that, you can increase your metals by 1%. 2) With credit card interest hovering around 21%, NEVER stack if you have cc debt. 3) Metals are “savings”. Some will argue they’re “investments”… they’re not, unless you’re holding for more than 10-20 yrs. Invest in no-load mutual funds, established dividend stocks, real estate and fixed income deposits (CDs, $ markets) while you stack. Stacking is smart; diversification is NECESSARY.
@mysterybuyer373811 ай бұрын
Then what happens in an over night dollar devaluation or a bail in? You will only still have 5% of your net worth.
@mikalsweeny314311 ай бұрын
5%? The dollar is becoming worthless
@michaelearlgrey11 ай бұрын
5% would be fine in a sane, functioning economy. Today's economy is an athlete with terminal cancer. Looks great right now but the tumor is already untreatable.
@membershipmovement11 ай бұрын
LOL.. what a load of crap. "Experts" will never make you rich. The stock market is doomed. Precious metals prices are being suppressed. By Xmas 2023 the US Dollar will collapse. 190 banks on the verge of collapse, Citizens was on that list.
@mysterybuyer373811 ай бұрын
@@mikalsweeny3143 Yes if they only saved 5% they would have that much in precious metals that will still have value but lose the other 95% of their holdings to the dollar collapse.