✨ How to Buy Gold and Silver | Practical Guide

How to buy gold and silver? This practical guide will help you to make more conscious purchase, if you've decided to buy gold or silver.
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#Economics #Capitalism #Finance
#EconClips
Econ Clips is an economic blog. Our objetive is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, money, investing, monetary systems, financial markets, financial institutions, cental banks and so on. With us You can learn how to acquire wealth and make good financial decisions. How to be better at managing your personal finance. How to avoid a Ponzi Scheme and other financial frauds or fall into a credit trap. If You want to know how the economy really works, how to understand and protect yourself from inflation or economic collapse - join us on econclips.com. Learn Austrian Economics in a fun way!
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[@fudgedogbannana]

I don't recommend letting any anyone store your gold for you. When I was a kid back in the early 80's I bought gold from "Bullion Reserve of North America" and allowed them to store it for me. the owner's wife spent the money and he committed suicide and I got screwed. I would sooner burry my gold in a coffee can in the yard than let anyone hold my gold again.

[@sunlite9759]

You are absolutely right. ....and since then the swindle has been repeated especially in commodity based firms. Coin collections are subject to theft. I just sold a modest coin collection that was in my possession for 40 years just to get rid of it. Even transporting gold can be a problem. Anything can happen in transport. Trust me> ( Joke)

[@UncleRuckus7600]

That person faked thier death for sure. Think about it

[@hwing1694]

Ty great advice

[@pareidoliamadness]

When I first started buying gold and other metals that's what I did. I regretted it after a year. All that storage money that I wasted could had went to other investments. Now I keep everything. Especially if there ever is a emergency in the country you will be out of luck.

[@andrewburton4584]

Completely agree!

[@keepcalm6870]

Finally, a video that gets to the point

[@duncanhorne962]

Tho I am just a once-in-a-while collector, this information is Invaluable. Many thanks!

[@OneGlass]

Anyone who hasn't yet considered diversifying his savings by investing (buying) precious metals should watch this video; and then watch it again. One would be hard pressed to find a more comprehensive and easier to understand summary of a topic essential to material and often psychological well being. Especially in a world where fiat currency is a looming threat over everyone's head, the information provided in this clip will be an excellent starting point in discovering alternative possibilities to protect against an uncertain future by mitigating risk.

[@nPcDrone]

Premieres in 2 hours on feb 20th at 1800 east coast time but u posted 3 days ago?

[@OneGlass]

NPC 69541 I am a premium subscriber.

[@OneGlass]

NPC 69541 I am a premium subscriber and get early access.

[@OneGlass]

@NumptyMagnet You can never fully exclude the possibility of fraud. The way to go is thus to choose a reputable seller, who has a vested interest in upholding the reputation of his/her company.

[@OneGlass]

@David Kamawe Your local coin dealer is usually the best point to start.

[@MarzellCrypto]

People often complain about when you buy gold & silver you do not get a return. The reason for this is due to the fact when you buy Gold/Silver there is no risk like with depositing your money in to a bank account or stock. GOLD & silver are REAL money, gods money. It was here before any life form and will be here way after we all have gone!😀

[@MissMooncookie0829]

Thx for saying this. When that dollar goes belly up you will be glad you had gold.

[@ms.pirate]

Yes, its real money for centuries, someday we will end up returning to the old days, trading farmed vegetables, fruit, meat, cotton cloth, silk, whool, and metals and stones. When the power grid gose out, cyptro will be usless

[@superrc2849]

Probably I bought my first Gold from Mr. Maxwell he kept it for me like four years now without any error, I am living till six to seven more years so that when am about to sell I will have a Hodge of money,

[@sillymesilly]

@@ms.pirate commodities are the only real thing. USA needs to return to commodity and manufacturing economy

[@robotop907]

Very nicely explained 👍

[@tog4138]

Great Video. Very nice advice!!

[@OldTimeyGraeme]

Excellent video Nice and clearly explained

[@aadityas.9820]

*Yes* thank you so much econclips, I am so much more grateful to you now that you made an english translation, :'-)

[@EconClips]

thank you for watching:)

[@svengieszler3317]

@@EconClips ,, Osmium '' Rarest precious metal on Earth

[@kimberlymarvin6368]

Been waiting for so long

[@Bulentsahinkusadasi]

thank you

[@londonkhareem6515]

Great video thanks

[@Index-o1234]

Good information Thank you👍🏻

[@souvikkundu]

Informative. Very informative. Thank you very much for uploading this video.

[@johnnyb3126]

great video!!

[@raffaelemancini1543]

What is your opinion on the decades-old precious metal price manipulation theories? It seems many people are saying there is no free market for gold or silver. I'm a bit confused.

[@Freeski802]

I am 16 and I see if I invest a decent amount in gold and silver when I'm older hopefully it'll pay off.

[@alexanderleon9395]

ᴏғ ᴄᴏʀsᴇ

[@alexanderleon9395]

ʀᴇᴀᴄʜ ᴏᴜᴛ ᴛᴏ ʙʀᴏᴋᴇʀ ᴊᴜʟɪᴇ ᴀɴɴ ɢʀᴀᴄᴇ , sᴇᴀʀᴄʜ ɴᴀᴍᴇ ᴏɴ ɢᴏᴏɢʟᴇ , ᴀᴘᴘʀᴏᴠᴇᴅ ᴅᴇᴀʟᴇʀ ʙʏ ᴇᴄᴏɴ 🥇 ʙᴇsᴛ ᴅᴇᴀʟᴇʀ

[@sean4789]

Great video

[@lovelyandbountifulgirlProudofw]

Thank you sir very informative video Now I know if I buy gold.

[@sonalpatel6119]

very good

[@ducktack1]

If you don't hold it you don't own it. Get it in your hands as when the governments decide that it's illegal to hold it all your vaults etc are useless.

[@jjs8426]

True

[@daltonastbury5568]

true. just look at the weimar republic lol

[@victormanuelpolanco922]

True.

[@dorothygoff3224]

Having good strength now

[@laurajames8612]

Really Helpful MAn

[@flat-earther]

3:32 If the coin is mixed with other metals how are the metals separated when melt

[@user-sn4no2ou3s]

nice info

[@worldecon7680]

Interesting points! Very informative and educative.

[@derek_underwood]

If I could only convince mine & every other person's 'Pot Dealer' that 1oz = 31g 😅

[@planetboom4054]

I’m buying 1 gram of gold = AU$100 😢

[@akingshealth]

@@planetboom4054 where from

[@LuciensMusic]

lmao

[@jjs8426]

Get you a troy oz of 🔥

[@TheInvisibleOne1026]

DEAR BULLION DEALERS: I have a real question. While all the metal pumpers say the physical is decoupling from the paper. Well yes that certainly looks true when investors are looking to BUY your physical as you have HUGE mark up over spot. And all the dealers justify this saying its a shortage and the physical is decoupling. HOWEVER when we go to sell you dealers quote the PAPER SPOT PRICE!!! Bullion Dealers are running a 40% margin swing scamming people with their nonsense and telling them lies. Complete gouging by dealers, and the sell price back to them proves it 100%

[@sibaroochi]

Can anyone else confirm this to be true? (I'm a newbie)

[@TheInvisibleOne1026]

Seb Joseph call a bullion dealer and ask what they’ll buy any given product back at. There, confirmed.

[@lexiemaep7930]

@@sibaroochi it's TRUE. Dealers suck. They charge a premium when sling but less when buying back. I will sell you some at spot price if interested. But only if you live in the US or Germany.

[@codyvandal2860]

Any business will have a markup. The dealer is typically going to try to charge 30-40% about market because otherwise how can they possible pay for their overhead, let alone make a profit?

[@holyromolempire5650]

@@lexiemaep7930 I can sell you gold from Africa (Sierra Leone precisely) at about -15% less LBMA.

[@visuallycourses]

Ending music was superr!

[@kqh123]

A minor chord, F chord, G chord, E chord

[@salahaljemaz5210]

Thank you

[@thirdeyevideos8425]

Mix your jewellery box with jewellerybox.yooco.org/

[@scarremainmata9052]

In case of gold buying please Contact this [e-mail]

[@valueinvestor8046]

which animation software is this? pls helpppppppp

[@nothingleft3473]

I recently started buying precious metals and started with silver. Well, now I feel like an idiot as we see here it's not a good long term investment. I guess there is a reason why gold is much more expensive.

[@richardmauto]

This is that Sir David Attenborough voice. So soothing.

[@Brian-vk6tz]

If I, or anyone BUYS Gold or Silver, from a company, how do I get it PHYSICALLY IN MY 👐 ?? CAUSE when tha rubber meets the road, you can own it on paper 📃 🤔, but does NO GOOD, IF YOU DONT HAVE IT IN HAND ...AM I RIGHT??

[@faresvatani6516]

Since there’s so many kinds(gold coin, gold bar, circulated, uncirculated, certified, uncertified) all weighing the same, but all costing differently, should i just buy the cheapest possible since gold is gold and the weight is the same?

[@uraniumjoe]

Not an expert, but I'd guess not because people will value precious metals depending on where they're minted, so a minted bar from a place of higher reputation will go further in a sale.

[@r0btimUs0341]

Confirmation that I’m doing the right thing

[@junesilvermanb2979]

Is it possible to purchase iron coins and bars? I know that it is possible to purchase gold, silver, and even copper coins and bars, but what about coins and bars fashioned out of pure iron?

[@kjnazari4734]

In Iran the best investment we can do against our crazy currency is Gold. because the currency is not stable.

[@mikeblessing7886]

Well, I'm in the U.S. and I don't trust our currency either!

[@ominousparallel3854]

Gold is not an investment.

[@okaoalal3144]

@@ominousparallel3854 why not what is it then

[@ominousparallel3854]

@@okaoalal3144 unless you are an alchemist and you somehow manages to produce more gold out of gold, it doesn’t yield any revenue does it? You can say it’s a store of value or a mean of exchange, which are very good properties, but not an investment.

[@okaoalal3144]

@@ominousparallel3854 ahhh okay I’m 16 and was thinking about getting gold and holding it for the future

[@ngoclannguyen428]

Some segments in the video are stamped not adjacent to each other

[@robertm8380]

You can buy a 1k Gold and if you have the right tools and scales you can cut the bar into smaller bars without going to private seller.

[@akingshealth]

where can i buy this way

[@oluwabukolaoni4260]

@@akingshealth helloo, I'm Bukola from Nigeria and I sell gold for as low as $280

[@akingshealth]

@@oluwabukolaoni4260 how can I purchase from your company

[@oluwabukolaoni4260]

@@akingshealth what's your ig handle?, let's connect to each other first

[@akingshealth]

@@oluwabukolaoni4260 I don't have an IG

[@dorian115]

Where do I buy gold and silver exactly? Some people are saying the markets are bad.

[@silverdollarteam2527]

Hi Dorian, have you found a place to purchase gold & silver?

[@ramonewilson3967]

I would love to buy gold and silver but it's so expensive I would only be able to buy 1 gram gold bar that cost $88 but even with that it won't take me very far.

[@billyg0338]

Just keep investing. No reason to go all in at one time

[@mostaphaali1097]

Whats App me if you interested in having Gold, for more details [phone]

[@akingshealth]

I am just starting where can i buy from

[@Biggiiful]

@@mostaphaali1097 scam

[@ms.pirate]

Do it slowly, it'll be a while when we really need it

[@coolmania8991]

15oz are 27.000 Euros today

[@marunio435]

If that is so simple so why not many people buy gold or silver? Where's the main reason?

[@Dimantledpenguin99]

Where can I get gold from that’s the question ? The bank , where ??

[@rickyricardodeflorida5581]

There is an App called Apmex we buy gold there and it's real

[@lexiemaep7930]

I bought from apmex. They are expensive though, more than other dealers. I have coins that I bought from them and I can sell you some for less than they charge, but only if you are in the US, UK, or Europe.

[@scarremainmata9052]

[e-mail] for gold buying

[@mostaphaali1097]

Whats App me if you interested in having Gold, for more details [phone]

[@bradvincent2586]

Great info! Music was painful doeeee

[@visuallycourses]

was very pleasing to me

[@QUECKILLIX]

HRH President of Tattooine What’s wrong about the way that they commented?

[@aurorerene4282]

I'm buying a couple of Krugerrand now, I'm convinced, thank you! The only thing that is difficult is where to keep them. Too many safes at the bank are getting robbed and I don't want to get robbed at home. And I don't trust investing in non-physical gold. Is it difficult to install a safe inside a wall?

[@jesseking9254]

It's not hard mate. Plenty of good how to videos on KZbin. If you can use basic tools you'll figure it out. Just make sure to hide it

[@princecarkson515]

Please I have can anyone help me buy silver. I don't know to buy silver. I need a basic practical guide

[@imadsenour7148]

in case you are interested to buy silver kindely click the link www.regalassets.com/?id=21043

[@NicheXCC]

Is gold actualy made of the gold element or is it just another material with a similar color?

[@ehova5838]

Is that even an actual question lol

[@NicheXCC]

@@ehova5838 I'm serious, lol. But now I know is full blown pure gold. What i'm afraid of is if they will force you to use a specific brand of gold or if any gold works. I'm asking because so many merchants are not even aware of the gold currensy. So they might make exeptions. Like only accepting a very specific brand labeled gold.

[@ehova5838]

@@NicheXCC You can look up most trusted gold brands if you are concerned about authenticity. Most brands will also give you a certificate of authenticity especially if it’s an ounce or above. Try to get ones that are in sealed packages they are more valuable

[@NicheXCC]

@@ehova5838 Do you know how merchants would determine the value/price of how much gold something is worth? Is it by weight? Is it by numbers?

[@ehova5838]

@@NicheXCC They value how much a piece of gold is based on the weight of it and the price of gold at any given time. The price of gold is measured by Troy ounces and works almost like a stock market. They then simply calculate the weight of the gold compared to the gold value

[@superrc2849]

Probably I bought my first Gold from Mr. Maxwell he kept it for me like four years now without any error, I am living till six to seven more years so that when am about to sell I will have a Hodge of money,

[@rickyshouseofcrap8600]

whats up everybody watch out for Ebay they are charging tax on silver and gold and the shipping charges to. i have just caught this on a new auction i won about 5 days ago and i went back to see if they were charging me before and no just on the shipping charges and thats wrong to. i been calling Ebay for the last four days to get them to fix so i can pay for silver coins i have won but they want fix the problem. so i have reported them to the Texas comptroller to get them to fix and will try to let the stacking community know whats up. look at the invoice to see if they are charging tax before you pay. if so complain to ebay thanks

[@bonkoo5978]

What website?

[@EconClips]

econclips.com/how-to-buy-gold-and-silver-practical-guide/

[@skyeparry5252]

I don't want to invest in gold though good idea

[@paulh8515]

Gold jewellery in Thailand is 23+ carat and I've found it to be close to or the same as the spot price in the past.

[@Omar_Facio]

it just said not to buy jewelry idiot

[@paulh8515]

@@Omar_Facio You're really not very bright, are you? Do you understand what 23+ carat gold is? Can you read and comprehend English?

[@King-wy5on]

paid only 20$ more for a beautiful ring 15.2 grams.... the labor cost in Thailand is cheap not like in Europe or the USA where you pay a lot of money for a ring or chain. So yes i buy jewellery in Thailand.

[@HeadChefify]

isnt 1oz = 28.3495 grams? just googled it and numbers differe

[@EconClips]

troy ounce

[@careydecker4427]

Best of Luck Gold buyers

[@laksiriperera6182]

How do I buy a 1oz a gold?

[@alexanderleon9395]

ʀᴇᴀᴄʜ ᴏᴜᴛ ᴛᴏ ʙʀᴏᴋᴇʀ ᴊᴜʟɪᴇ ᴀɴɴ ɢʀᴀᴄᴇ , sᴇᴀʀᴄʜ ɴᴀᴍᴇ ᴏɴ ɢᴏᴏɢʟᴇ , ᴀᴘᴘʀᴏᴠᴇᴅ ᴅᴇᴀʟᴇʀ ʙʏ ᴇᴄᴏɴ 🥇 ʙᴇsᴛ ᴅᴇᴀʟᴇʀ

[@grayelmore3140]

Gold price today is same as it was 11 years ago - so you loose buying power if you put money into gold - remember they are constantly mining it ever day and you don't eat it or burn it - there is mo9re hidden gold stashed out of sight in order to control the price of gold today .

[@Meowface.]

So.. what then I’m completely new to investing… I have some thousands I want to secure against future inflation of dollars I’m not going to invest anything I will need in the short term.. gold coins seemed the easiest way to do this Also means it’s out of sight of government which I’m also concerned about Suggestions appreciated

[@ALBANYLOU]

You said don’t invest in Jewlery but I’m sure this 750 gram Miami Cuban will be a great investment in 10-20 years

[@Blackowl44]

Why buy that when you can get solid brick of pure gold. That Cuban link isn’t 99.9 percent pure gold.

[@Blackowl44]

And on top of that it will be harder to find a buyer.

[@wallypaige8496]

How can you trust a specialist or anyone anymore.

[@swagdragon937]

Wait, so if I invest in gold or silver they will send it to me what?

[@elicain8263]

You can choose to keep in it a bank or they can have it sent to you

[@ms.pirate]

@@elicain8263 I'd recommend keeping it and hiding it. Burry it or put it with Christmas decor boxes, get creative ideas to hide it, think what place a theif wont bother looking

[@elicain8263]

@@ms.pirate well I have it in a safe in my room😂 I have a tracker in it in case and it’s bolted down to my shelf

[@Angel_dragon68]

@@elicain8263 witch website did you use

[@elicain8263]

@@Angel_dragon68 I use Apmex or Provident. Provident is usually cheaper but they don’t have as much stuff as apmex

[@sunlite9759]

Unfortunately warehouse receipts for gold can be hazardous to your wealth. You may find you have a worthless peace of paper in your pocket. Your gold may have been used for collateral or speculation. Beware! Coin collections are subject to theft. I just sold a modest coin collection that was in my possession for 40 years just to get rid of it. Even transporting gold can be a problem. Anything can happen in transport. Trust me> ( Joke)

[@andrewbantick6311]

Australia state mints & dealers have good Ozzi coins & bars

[@MrMohammedsamer]

ترجمة عربي لو سمحت

[@cedmanstrong]

one ounce = 28.8 grams not 31.1

[@adamnguyen9522]

Troy grams. Meant for gold and silver

[@lauriemilner5180]

Alts are the best

[@spiritakarabbit369]

Wow people were fooled into believing that gold was a money thing gold in actuality is a medicinal thing spiritual thing that has nothing to do with money

[@jneate173]

1 oz =31.1g ?

[@adamnguyen9522]

Troy Grams

[@y.r.9401]

1 ounce of gold is now abt. 2K!

[@alexanderleon9395]

ʀᴇᴀᴄʜ ᴏᴜᴛ ᴛᴏ ʙʀᴏᴋᴇʀ ᴊᴜʟɪᴇ ᴀɴɴ ɢʀᴀᴄᴇ , sᴇᴀʀᴄʜ ɴᴀᴍᴇ ᴏɴ ɢᴏᴏɢʟᴇ , ᴀᴘᴘʀᴏᴠᴇᴅ ᴅᴇᴀʟᴇʀ ʙʏ ᴇᴄᴏɴ 🥇 ʙᴇsᴛ ᴅᴇᴀʟᴇʀ

[@georginamurphy1045]

I have a lot of silver

[@allenyeah3291]

Where is Chiese Panda Coin

[@noracox3410]

Booster Gold soon

[@sdbullion]

Good basic information here. Most bullion buyers just take physical delivery privately and save their holdings for the long term. Other more famous investors are doing the same. Do you own Gold (Mr. billionaire hedge fund manager)? Ray Dalio: Oh yea, … if you don’t own, I don’t know 10%, if you don’t have that, … then there’s no sensible reason other than YOU DON'T KNOW HISTORY & YOU DON’T KNOW THE ECONOMICS of it.

[@holyromolempire5650]

I am a gold miner/supplier, we have licensed gold mines in West Africa. And we can sell at less than LBMA price. We do all the paperwork/documentation etc and ship to your destination refinery.

[@IceQub3]

KSP music

[@smoggyentree]

i was about to say bro

[@micmica1827]

The background music is very annoying to many people, it distracts the listener

[@tai5370]

A Oz has 28.35 grams Not 31.1 grams

[@flat-earther]

troy ounce

[@AUGoldBars-fh9uj]

Gold buyer need anyone who is interested like and comments

[@masterretro1585]

Remember! Reality's an illusion, the universe is a hologram, buy gold! Byeeee!

[@thuytran-mj1zm]

the video image is too poor, you need to fix it more

[@myrasonger8423]

Crypto king

[@thenaturalhuman9568]

So dont buy silver?

[@kylebrooks4147]

Do NOT store pm's in a bank safety deposit box!

[@LogoSticks]

Water, eggs, milk, jerky, ammo, etc. will FAR exceed metals when it ALL goes down. Let's be realists!

[@flapoverspeed]

Gold underperforms anything

[@TheBuilderPro2024]

Now remember! Reality is an illusion, the universe is a hologram, but gold, BYEEEEE!

[@solveigdiriksdottir2689]

So if you have gold the size of (can of beans) you can buy a car

[@olegpetelevitch4443]

In other words their all got their hand in the pie ! Sad !

[@verabenton923]

I would rather buy crypto

[@ezywin_matrixoutsider]

Stupid

[@alexanderleon9395]

ʀᴇᴀᴄʜ ᴏᴜᴛ ᴛᴏ ʙʀᴏᴋᴇʀ ᴊᴜʟɪᴇ ᴀɴɴ ɢʀᴀᴄᴇ , sᴇᴀʀᴄʜ ɴᴀᴍᴇ ᴏɴ ɢᴏᴏɢʟᴇ , ᴀᴘᴘʀᴏᴠᴇᴅ ᴅᴇᴀʟᴇʀ ʙʏ ᴇᴄᴏɴ 🥇 ʙᴇsᴛ ᴅᴇᴀʟᴇʀ

[@yasssgawwwd5643]

I wanna buy more gold! I hope the GOP gives me back my $600 weekly Come thru Senate/House agreements!!!!😱🤗🤔🤭😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬😬🙄🙄🙄🙄🙄

[@oluwabukolaoni4260]

Hello!, I'm Bukola, and I sell gold for $90 per gram, comment if you want to buy from me

[@catcat7835]

Buying these is stupid. They don't generate any income, it's a limited and shallow market which can't provide required liquidity and depth for large capitals used in debt markets like bonds, there won't be enough precious metal in the whole world to provide the liquidity and the quantity required by countries. Buying physical metal requires storage, protection and vulnerable for theft and require costly expertize. Gold and silver are insurances and for insurance we have to pay, not being paid.

[@nnataliered]

wont be so stupid once the great reset hits

[@samuelbeatsminecraft2049]

@@nnataliered unless you die before it does. Well unless you had a plan to pass it along your family line

[@Blackowl44]

So wrong I had money sitting in a low interest account if I would of bought a few ounces of gold a few years ago I would of made money.

[@superrc2849]

Probably I bought my first Gold from Mr. Maxwell he kept it for me like four years now without any error, I am living till six to seven more years so that when am about to sell I will have a Hodge of money,