Gold and Silver are "outside the system" savings accounts for me and only buy on huge dips like we have seen recently. Buying Gold and Silver keeps me from spending money on silly and unnecessary purchases. Holding physical Gold and Silver allows me to quickly pull in emergency needs and sell at my LCS and walk away with cash when needed. Not looking for it to moon and get rich off the purchases
@VictorBiggerstaff3 ай бұрын
Gold is seen as a safe bet during economic ups and downs. But investing in it can be tricky. Some people lose money because they don't understand how it works. So, it's wise to be careful. I suggest talking to a financial advisor who can help you figure out when to buy and sell.
@grego62783 ай бұрын
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
@crystalcassandra55973 ай бұрын
this is all new to me, where do I find this advisor, can you recommend any?
@grego62783 ай бұрын
There are many financial coaches who excel in their profession, but for the time being, I employ Rebecca Nassar Dunne because I adore her methods. You can make research and find out more
@BateserJoanne3 ай бұрын
I just checked her out and I have sent her an email. I hope she gets back to me soon
@seminumismaticguy85752 жыл бұрын
For a newbie I'd stay away from eBay etc and stick to a reputable dealer as gold is expensive and so people like to counterfeit them
@BackyardBullion2 жыл бұрын
Well said.
@hosehead3179 Жыл бұрын
Alot of ebay coins are sold by reputable dealers, just don't buy from random people
@seminumismaticguy8575 Жыл бұрын
@@hosehead3179 fair point but as a newbie you are unlikely to know what a reputable dealer is , or the many scams that happen on eBay.
@MetalBum Жыл бұрын
@@seminumismaticguy8575 do they have eBay bucks anymore. The 5-10% bonuses?
@aaronrichards19886 Жыл бұрын
@@MetalBum I think they got rid of it.
@abdulrahman31350 Жыл бұрын
When i first started buying gold and silver, it was to protect my money from myself loll. I was young and a big spender. Looking at my stack, its worth quite a bit.
@redenjrpamaybay12537 ай бұрын
I'm here in Philippines do you know any reputable dealer that can shipped silver in Philippines..like you I don't trust government fiat currency
@justpeachy31836 ай бұрын
this is what i do! its like a savings account that takes a lot of work to touch haha
@fil-amfil-fam5 ай бұрын
@@redenjrpamaybay1253I'm moving to Philippines next year. Did you bring bullion with you? I'm trying to figure out the best way to get my stack there with me
@chrisromanoff47073 ай бұрын
@@redenjrpamaybay1253US GOLD Bureau
@D13VR3 ай бұрын
Word bro
@meshackin Жыл бұрын
Years ago when saving money for house deposit, I bought gold and silver mainly all on ebay and purely based on getting as close to spot as possible using ebay auction sniper service. I made a profit on everything and paid for my entire home deposit by selling my horde of metal.
@isaacgarcia1149 ай бұрын
Hi newbie to this. Where do you sell your metals at? Hope this isn’t a stupid question.
@XiJingping..1558 ай бұрын
Could have went the other way, yes could have lost everything, stacking from eBay is a risk
@meshackin8 ай бұрын
You have to sell to a precious metal guy you have in the area or a precious metal shop. Also, if you don't have the tools and knowledge on how to fully test gold and silver, i would never buy on eBay. Additionally even with proper test tools and knowledge I never buy more that 1/10 oz of gold or 1 oz of silver from a person so if it turns out to be fake there is less on the line as part of the ebay claim... Additionally, I would only trust buying from well established US shops that have stellar seller ratings.. finding a trusted local shop is best and safest.
@XiJingping..1558 ай бұрын
@@meshackin The Royal Mint ship to the US, so you’ll have all the original packaging, original letter etc, long term, all premiums plus more will be made when selling
@philiplancaster13163 ай бұрын
Bet you wished you had kept it now the way interest rates are going up.
@davesaunders59 Жыл бұрын
Having stacked too much silver v gold your advice on sovereigns rings true to me. I think you are exemplary in your conduct and honesty which is a blessed relief from the pumpers and deceivers littered on YT. Thank you.
@HarrisonCountyStudio Жыл бұрын
I don’t see silver as “risky”. I see it more as volatile…. Meaning; great opportunities to buy into a sector that has zero counter party risk.
@kennethwilliams4874 Жыл бұрын
I'd just buy silver using dollar cost averaging...buy some now, wait a few weeks or months, if it has dropped, buy some more, if not just hold on. And for a pure silver play, I think kilo silver bars are the way to go. A lot of silver for the money but not so huge or expensive as to be prohibitive.
@Kipoltious2 жыл бұрын
It's definitely tough to balance what is and isn't a 'good deal'. Even without the high premiums, I feel like many times I am buying metals knowing that I could not turn around and sell it back for the same price. If I take it to an LCS I will likely take a hit on the premiums and if I sell it for a bit more on EBAY, then there is 15% fees as well as shipping to deal with - not to mention the higher risk. I am pretty new to metals and I am realizing more and more that it is definitely more of a 'savings' and a long term investment.
@BackyardBullion2 жыл бұрын
Great to hear from you buddy, wise learning happening here!
@akgoldbear76692 жыл бұрын
eBay is a good platform to sell, but their fees and commissions are killing me. I can't figure out one thing on eBay. A person buys something from me and pays tax, and I can't understand why eBay takes 15% of his tax from me? I understand the buyer pays tax, but why does eBay take 15% from amount of his tax from me?! 🤔 They are basically just stealing money. 🙂
@jeanmader2302 Жыл бұрын
For me it is a hedge. Moms tend to insure back up...just in case, so I don' t sweat the premium. When, and if the dollars go, silver beats toilet paper.
@privatecitizen4001 Жыл бұрын
I keep hearing gold is good saving and not an investment. Gold was under 300/oz in the 90's. That a 600% increase in 30 years.
@benking2882 Жыл бұрын
Gold up 5% in the last 24 months so.......yeah. .....saved
@TheFutureisSteampunk Жыл бұрын
I am a prepper and have been stacking silver since 2012. After a few years I sold all the government bullion and the only things i stack now are mercury dimes and Krugerrands because they are the most recognizable gold and silver coins to average people. I have some other junk silver but the vast majority is in dimes.
@BackyardBullion Жыл бұрын
I disagree, Krugerrands are globally known and we're (until the maple in the late 1980's) the premier gold investment coin for the world
@NonInflatable Жыл бұрын
Sovereigns are wonderful. On a dark winter's night you can light a candle and pour your stash through your fingers, cackling wildly as you do so.
@friendsalongthewaydotorg4 ай бұрын
This made me laugh as I was twirling my handle-bar mustache!
@ITS_KCM3 ай бұрын
Hahah! Man, that got me good. Thanks
@daltonking6253 ай бұрын
This is the exact reason im getting into this
@veronicaodonnell2893Ай бұрын
Lol😂😂😂😂. Appreciate the fun !
@menacelurkingyet834513 күн бұрын
Sicko !
@robg7970 Жыл бұрын
Yeah , I've NEVER paid taxes on ANY coins i have ever sold. I stay local and i do not trust usps to mail my gold . Too many packages getting lost or stolen. Stick with a dealer that is fair and pays cash . Lol when it comes to my gold , i leave the government out of that ! Hahaha !
@robg79708 ай бұрын
@@jaredroussel My point was .. never mail your gold to ANYONE . Sell to someone local in your area . Plus , selling your gold on ebay or any other online marketplace .. they take a nice percentage of the total . So , if you were to sell a 2 gram gold nugget on ebay for say 185.00 , Ebay will take close to 20 dollars of that amount.
@bidmcms33 ай бұрын
You know there’s such thing as insurance on postal service
@robg79703 ай бұрын
@@bidmcms3@bidmcms3 Again , i stay local when selling gold , there is absolutely no reason to ship gold when someone near me is willing to pay the same price . Plus , no taxes , no paper trail , strictly cash business. I hope this answers your question about postal insurance .. which is fine for most things . Never needed it myself.. but if you use it , I'm glad for you .
@xindaxoxou74312 ай бұрын
Insurance can help but u do not want the buyer claiming it is false when it is real. U never know.
@kentagent63432 ай бұрын
Hard when living in a country where cash is useless. Only illegal business is done with cash here.
@markmooney892 Жыл бұрын
I’ve come to a similar conclusion. I’m trying to buy only full sovereigns and half sovereigns. New or old doesn’t matter to me, I do love the old ones but that’s just aesthetics. I bought some 2022 ones just so I had the queens head on them before Charlie gets on there.
@jessicaeiss25412 жыл бұрын
I was able to pick up Brittanias for USD $25 and low change on Cyber Monday. It was the same price or cheaper for generic silver, so was quite pleased. I don't think we're going to see that again for awhile.
@robinhood2980 Жыл бұрын
Good video, a friend who lost her husband a few months ago asked me about investing a little into gold, I adviced her to buy gold sovereigns and since doing so gold is hitting record levels. Major countries are buying huge volumes of gold before the dollar and world economies collapse and digital currency is thrust on us all.
@johnburrow426 Жыл бұрын
I agree
@YouTube_can_ESAD Жыл бұрын
Lol.
@matthoffman6962 Жыл бұрын
You’re right it’s very hard to outweigh heart. I also agree with you with silver. The problem with silver right now and even gold for that matter so the premiums. If you can get silver rounds/coins at $1-$2 over spot go for it. Most coins are going for $10 over spot and silver will have to go up a lot to make it back. It may go up this year but it’s still pretty risky.
@davidfarmer91182 жыл бұрын
That was a nice way to spend a little time. Thank you Mr Backyard. Beautifully done.
@BackyardBullion2 жыл бұрын
My pleasure!
@DS-tt9vz2 жыл бұрын
My first purchase was 5 one oz silver incused Indian, followed by a full tube from Sunshine mint, then a full tube of mint sealed Maples. Decided to go for weight so I switched to 10 oz bars.
@BackyardBullion2 жыл бұрын
Awesome, thanks for sharing
@BadWeatherfreak Жыл бұрын
Are 10 oz bars harder to sale?
@DS-tt9vz Жыл бұрын
@@BadWeatherfreak I think not. I sold 5 each 10 oz bars in 2012 for spot which was twice my purchase price years earlier. I won't sell for less than spot and I have a few premium bars (RCM &Britannia) which I expect to get higher. Have 1 oz rounds if smaller amount of dollars are needed. The 10 ounce bars would be for major transactions. I won't go higher than 10 oz bars for stacking. Also my LCS prefers keeping them in their original wrapping.
@privatecitizen4001 Жыл бұрын
Bullion dealers will buy bars all day long no problem. Ive heard if theyre giant size bars they smelt before they pay
@scottnesjan3711 Жыл бұрын
This is the best bet 👍
@stuartmcmahon88702 жыл бұрын
with the cost of living how it is right now, id be surpised if people still had big budgets for Gold/Silver. I'm struggling to stop myself from buying ATM, but im staying strong as I know I cant really afford much right now.
@BackyardBullion2 жыл бұрын
Thanks for sharing!
@unvaryingArchiveАй бұрын
If u dont got much atm, u can always buy a very small amount, like $1.5 usd, of a gold backed crypto asset like paxos gold or $vnxau on Solana. If u dont like crypto then maybe u need a little gold savings piggy bank or sage :) Good luck! Never stop buying tho, cuz gold is the only real money there is tbh
@robg7970 Жыл бұрын
I also enjoy gold nuggets , especially the very unusual ones , mostly for the fun of it and the rarity. Yes , I have over paid on some nuggets , but I just love them .I pull them out and just look at them under a magnifying glass , so interesting and beautiful.
@Kalarandir Жыл бұрын
I learned the hard way about buying silver in the UK, 1 kg bars, Eagles, Rounds and Britannias. It is simply to be avoided due to VAT and for some, CGT. I wish I had stuck to Sovereigns. Now, it is 1/4 oz Gold Britannias and Sovereigns I purchase.
@GeoRockNerd Жыл бұрын
Constitutional 90% silver is also a great way to get into stacking without huge premiums, for people who aren’t able to get into gold yet. Totally agree with the 1/4 oz gold as the way to go, if possible!
@GeoRockNerd Жыл бұрын
@@dentside78 Great question, here is the general calculation: Silver value = spot price of silver per oz x (face value of 90% silver coins x 0.715) So for $10 face value of silver quarters today that would be = 24.32 (10 x 0.715) = $173.88 in silver value, or roughly 17 X face value. You can expect to pay a little over spot for 90% coins from dealers and most Facebook group sellers, more like 20-22 X face value.
@PHUCKyoutube6898 ай бұрын
It's the cheapest fractional. Most of the time generic one ounce rounds are actually cheaper per ounce.
@snow_tacknives20243 ай бұрын
2 large bags of 1964 or earlier 90% silver dimes is all anyone would need. The metal is not going to do much for your when or if SHTF until things calm down.
@savagedpepe Жыл бұрын
I recently ordered over a dozen of silver 1oz coins simply so I can finally say I own silver and just cos of the fact of owning a collection of pretty cool coins, my goal isnt necessarily to make a profit
@leoguy1609 Жыл бұрын
I buy mainly gold and platinum and been stacking since 1978, have a lot of silver but most of it I bought when it was under $10 per ounce.
@paulajohnson64092 жыл бұрын
I started stacking on 2020 and I am the worst in getting sidetracked into collectibles hoping a few will hit over the top over a period of time. Love the Queen's Beast series.
@benking2882 Жыл бұрын
Me 2 I'm like..."ten ounce Boba Fett coin you say?"
@chanman916 Жыл бұрын
🙋♂️😬
@mikenelson7894 Жыл бұрын
Agreed
@scottnesjan3711 Жыл бұрын
No no no.... generic rounds... 10oz bars, until you have a few hundred ozs...seasoned stacker here...
@Ryzearn3 ай бұрын
Literally just saw a 40th anniversary ninja turtles 1 oz round and was like I must have that
@philipbant6572 жыл бұрын
Thank you for that information, new to stacking although I have bought a fair lump of silver my attention was turned to sovereigns and have acquired a few inside my budget. Will continue when funds allow. Thanks again.
@richpederson66912 жыл бұрын
Thanks for your input on your thoughts of stacking. I'm trying to diversify when I buy, a little at a time. Not saying your right, and I'm wrong or vice versa, but I believe we all have different goals and taste that persuade us into buying certain types over others.
@BackyardBullion2 жыл бұрын
My pleasure!
@MrJamesstott Жыл бұрын
I couldnt care less what the metal looks like or what form it comes in my goal is always to get as much metal as i can for a certain price
@holly52ful6 ай бұрын
Wrong. Bars are easy for Mixing in inferior metals??
@MrJamesstott6 ай бұрын
@@holly52ful What are you going on about? 99.9 is the only metal I will buy and what most people will buy, if it's got inferior metals mixed in then I don't want it, I didn't say what was wrong as what was right I said what I care about and what I care about is getting as much silver or gold as I can for a certain price, I would much rather get say for example 2oz of shitty looking 99.9 gold bullion for say 3500 than I would get 1oz of really pretty looking gold coin for the same price, I'm looking for gold and silver at the lowest possible premium and could care less what it looks like as long as it's 99.9 or finer than I'm happy, you clearly know absolutely nothing about stacking, if you are buying from a trusted seller then you don't have to worry about people mixing in inferior metals as you call it, my advice to you is too stick to something you actually know a thing or 2 about rather than calling somebody wrong on youtube when you have no clue what your on about
@holly52ful6 ай бұрын
@@MrJamesstott on going on about that it’s easier to fake a bar of gold than a coin!!
@jesusbaldomeromenchacarang1802 Жыл бұрын
Thanks, It depends, here in Mexico the 50 pesos gold coin is highly appreciated and looked for 😅
@sirrathersplendid4825 Жыл бұрын
Often go to the coin dealer saying I’ll buy a gold Britannia or a Maple Leaf, but end up buying a couple of historical Sovereigns instead. They’re just cheaper individually, and a lot more fun. Always thought I was just not a very effective ‘stacker’ and was being tempted away by the numismatic aspects, but interesting to see you’ve reached the same conclusion as me. ;-)
@tredici722 жыл бұрын
Great video. A good portion of my gold has come from local estate auctions, most reputable auction houses sell gold and silver in their general weekly sales, and it pays to check their catalogues, the other week I was fortunate enough to win a 1/2oz gold philharmonic for $900AUD plus 16.5% commission making the final cost a shade under $1050AUD (Approximately £600), it doesn’t happen all the time but on occasions you can grab yourself a really good bargain there.
@BackyardBullion2 жыл бұрын
Great to hear, thanks for sharing.
@gee3883 Жыл бұрын
Enjoyed the ramble at the end, as a noob you just earned a sub because of it, cheers.
@Coolboy209132 жыл бұрын
I think the second hand market for silver in the uk through TSF for example is pretty healthy and means you can avoid most of the tax premiums, I wouldnt buy new and there is more volatility risk which can be a potential benefit too. Im stacking both; silver is easy to purchase satisfying lumps and as long as they're well liked i dont think it would be too hard to shift them. Gold is definitely more of a head purchase and 1/4 brits/qbs and sovs are where i mostly focus, with a few nice foreign coins to spice things up, generally it does deliver less of a dopamine hit though. Im weighed more towards silver right now but front loaded with pieces i liked, i'm closing the gap over time and by the end of next year expect to have more value in gold. I steer clear of proofs, i dont doubt they will continue to be a valuable market and understand how scarcity can effect price but i get enough satisfaction from bullion and it serves my aims of saving something that is liquid but high enough friction to ensure i dont waste the money. On the bucket list once ive got a decent collection of fractional coins is a cast gold bar, totally impractical and pretty illiquid but something like a perth 5 or 10oz would be art and investment.
@BackyardBullion2 жыл бұрын
Thanks for sharing your thoughts, a good read!
@mmpatriot2170 Жыл бұрын
I enjoyed your comment. I have used a fairly similar strategy in the three years that I’ve been stacking. I’ve bought mostly sovereign coins when I could get them at a low premium. Lots of BRITs and some maples. I have one tube of American silver eagles, despite the high premium, just because, well, I’m an American. And then I did get into some more collectible coins. I really got into the Queen’s beast series and paid an absurd premium for a few of the older 2 ounce coins, but it’s pretty satisfying to have the full collection of 2 ounce coins. And they seem to be increasing in value. I also really enjoy the 10 ounce British coins. There’s something so satisfying about their mass and heft. And I’ve been able to pick up quite a few of those at fairly low premiums. Anybody out there want to buy a 10 ounce Yale coin? 😂
@Coolboy20913 Жыл бұрын
@@mmpatriot2170 I’ve just been finishing off the QB collection, our premiums on some of them are so high in the UK that I was considering buying in the US through eBay. I also really Scottsdale too, definitely my preferred bar, just wish they were more widely available in the UK or at least with a sensible premium - we really have a weird ecosystem for silver in the UK
@user-blaster_2012 Жыл бұрын
I think commemorative proof crowns are a good investment. I just bought a 1977 Queens Jubilee .925 silver crown with case and COA for damn near spot price. It's common, but really stunning. A new 1oz silver Britannia bullion coin (same weight) is almost double spot price, even direct from the Royal Mint! An oz of silver is an oz of silver. I'm purely stacking as a hedge against inflation and a store of value, not really for numismatic value. I also started buying a few victorian silver coins, but only if i can get them near spot price. I also have an Aldernay quarter gold sovereign, low mintage. Nice. Thanks for the info!
@TexAnts-xp7tl Жыл бұрын
Me (as an American watching a Brit complain about taxes): "Were we not justified?!"
@dickdangle1963 Жыл бұрын
Nice ;)
@TexAnts-xp7tl Жыл бұрын
@@dickdangle1963 Thanks! I know it's a joke with a quarter millenia old punchline but I thought it fit well. Lol!
@chainedaddiction Жыл бұрын
Good one!
@shawnbeck3962 Жыл бұрын
And look at us now! Taxed even after death.
@raddastronaut Жыл бұрын
Lol. Just so everyone know the US still pays taxes to the crown. It’s a fallacy the US is still a crown colony just like Canada and Australia New Zealand and more.
@Jesse_Dawg2 жыл бұрын
byb rambler here, love the messages you spread and that you actually care about what words youre putting out there
@ARegularBloke2 жыл бұрын
Interesting video and although I personally stack gold exclusively and own no silver bullion it is worth mentioning that in the past silver has spiked high (though only briefly) before falling back to its usual value. With silver it really is about timing and knowing when to offload so as not to miss out on a handsome sum of money.
@BackyardBullion2 жыл бұрын
Thanks my friend, appreciate your comment.
@asktheuniverse27182 жыл бұрын
What do you mean by usual value? Please tell me you’re not only looking at the past 40 years… add couple more zeros and you’ll find out Roman soldiers were paid 1/10 of an ounce per day. $1 silver in 1890 was $100 today. minimum wage in 1960 was six silver quarters which equivalence to be around $25 in Silver today. That was ALL before we used Silver for everything electronic/green energy. It can’t be replaced. Gold is infinite and stored in hordes. All you have to do is look at the historical average for the past 2000 years. Wake up!!!!!
@ARegularBloke2 жыл бұрын
@@asktheuniverse2718 That’s nice, but how is this helpful to investors today? Smart investors don’t consider data from hundreds if not thousands of years ago (if we can even have reliable data on commodities etc from so long ago) only that which is relevant in the time period in which they live. Your comments regarding gold is also nonsense.
@PHUCKyoutube689 Жыл бұрын
@@asktheuniverse2718 Gold infinite? Not really guy. A lot less gold is on earth then silver, hence the price. I don't know where your getting your info but I would look elsewhere.
@PHUCKyoutube689 Жыл бұрын
@@asktheuniverse2718 Also people horde silver also and a lot more of it. How many people do you know that have a 1000 ozt of gold stashed away? Not many. How many have 1000 ozt of silver. I bet 1/3 of the viewers have that. Nations horde gold and for a reason.
@123johnnymcg2 жыл бұрын
Thank you so much for doing this video. While I love watching with interest you talk about the bigger and more expensive pieces it's great you've taken the time to enlighten the beginners like myself among us. I recently bought my first small pice of poured sliver from BYB and the service was second to none. It arrived beautifully presented, boxed and with its own certificate. I can see the effort you have put into it from conception to delivery. Thank you. Keep up the great work.
@BackyardBullion2 жыл бұрын
Thanks so much my friend, I appreciate the feedback and support of my poured silver!
@DBK4202 жыл бұрын
I'm super new but been getting silver eagles for roughly 28-33 after shipping I have 14 now because of it 🤣 I've gotten several other denominations of silver as well as a 10oz bar I'm hoping by the end of January I can get a 50 or 100 oz bar some are against those sizes but I don't care I want em for low premium and because I want to take a large bar to make some of my own 🤣 I want to make em and give them out as employee appreciation prices to my security personnel 😅
@scotttyson607 Жыл бұрын
Silver is the poor man's gold.
@JC-tf9wo Жыл бұрын
First I don’t normally buy either silver or gold based on the design. I buy it based cost. I had a monthly subscription each month but after looking at surcharges and shipping I stopped the subscription and bank the cash and each quarter I buy enough to spend what I accumulated. This way I pay one shipping fee and sometimes I get a lower surcharge based on quantity. Also most services offer newly minted/casted bars and round but also offer a random option I may get a new sealed bar/round or a redeemed bar/round with a random design. Most come sealed but a couple were tarnished however that is easily polished if needed. I normally only choose specific designs on the bars and rounds I’d priced the same. I only buy a legal tender coin if it’s a good deal or design means something special to me on rare occasion
@loboplateadostacker Жыл бұрын
My biggest stacking sins are buying a silver kilo bar, two 10 oz Beskar silver ingots, and two bleeding edge spanish Lynx gold dobloons from 2022. Hahahah I don't regret it tbh. Feels so lavish, like my own little kingdom.
@eaglesavage4929Ай бұрын
I just subbed because of your honesty at the end of the video. Im new to this hobby.
@BackyardBullionАй бұрын
Thanks!
@jamesedgewood46432 жыл бұрын
The 50 Peso gold coin is an absolute joy.....and trades well over spot....Krugerrands are a great coin too.....nothing wrong with stacking Krugers.... a sturdy and nice piece of gold.
@smifff63 Жыл бұрын
That’s good to know, my wife was given 3 of them by her grandmother
@daverogers56093 ай бұрын
Also American Indian/ buffalo head.
@Michael-San3InSanityArt2 ай бұрын
I purchased my first precious metal. Bought an ounce of silver. I bought it while it was $30 which is the wrong time but I've been putting it off for years and regret waiting... just had to get one to get ball rolling. I'm waiting for a drop in price but I honestly don't care, I'm buying it for saving purposes. I suck at saving cash but love collecting trinkets, like rocks and foreign coins. Truth is silver and gold will keep going up every 5-6 years for average worth. The charts don't lie. Unless the dollar devaluing issue is resolved (it won't be) buying silver or gold at any price will make you money in 5 years and it's guaranteed. Just buy at the current price, put it away and stop worrying. It's fool proof.
@Jaysonbc12342 жыл бұрын
I look up at the sky at night, I see silver stars. So true, it's subjective, what works for me is it's a gamble and yet an insurance (hopefully). I think next year is when the world changes .
@scottnesjan3711 Жыл бұрын
.... the game of metals is 100% dependent... and dependent on age and cash flow... older you are = gold, younger= silver..... of course watching premium percentages over time is crucial... sometimes you have to dip into the the other metal accordingly
@RATERGAMER100 Жыл бұрын
I unintentionally started to stack fractional gold because I’ve been using the gold pesos as pendants and have worn them around my neck like jewelry . Pesos are more worth it to me just for the jewelry aspect . I’ve had a few offers to buy my pendants off me because people don’t genuinely understand how much their worth and how they themselves can order the coin and pendant .
@johnpress7665Ай бұрын
Your ❤ will never lie to you my friend. Your heart should always rule your head 🙏🏼
@matthewstratford177 Жыл бұрын
I'm glad you mentioned about the capital gains, i have some gold and silver bars after paying the high VAT i was under the impression that "investment" gold and silver was gains tax exempt. Better to keep my investment out of the UK 😅
@rowdyharger2799Ай бұрын
I lost all my gold and silver in a boating accident
@ashnas5454 Жыл бұрын
Ive been buying alaskan gold nugget , love the natural feel made by mother earth
@BackyardBullion Жыл бұрын
Sounds awesome!
@henryvanderbeek2973 Жыл бұрын
Every time I see a video touting gold and silver, I go and buy platinum......Keep pushing gold and silver....it's working for me.......
@LongFinger0212 жыл бұрын
Always sovereigns for the win!!! That's all I've ever collected
@BackyardBullion2 жыл бұрын
They are awesome
@dynamics9000 Жыл бұрын
He who loses money, loses much; He who loses a friend, loses much more; He who loses faith, loses all. --Eleanor Roosevelt//
@Jamesmoore-mj5ke2 ай бұрын
Gold is gold silver is silver buy both as cheap as possible right generic is the best way close to spot period. Fancy gold and silver rounds with high mark ups is all a game of loose your profit for a l9ng time trying to get back what you spend the resale wile be what is the gold worth and what the price of silver is you will be lucky to get the base cost on your resale.
@MickyDoyle10 ай бұрын
Thank you for this video, starting my own journey and this was very helpful and informative, looking forward to learning more!
@BackyardBullion10 ай бұрын
Glad it was helpful!
@Idc.350Ай бұрын
For me it’s more of a stable store of value. I’m trying to protect my money from losing value inflation and precious metals have been kind of a hedge for that. Although there is still risk involved, silver and gold will always maintain some kind of reasonable value.
@harryzero15662 жыл бұрын
Iv changed my strategy so many times and 'Head v Heart' seems to be the question I should have asked myself every time. I'm settled now, it is indeed sovereigns, a choice of Monarchs and dates, and having duplicate dates means having to part with them isn't a regretful experience. To satisfy my desire for design, its diffrent design britannias and a full set of 1/4oz Queens Beasts with a 1oz QB Completer as a centerpiece.
@BackyardBullion2 жыл бұрын
Thanks for sharing!
@harryzero15662 жыл бұрын
@@BackyardBullion BTW, I've persuaded my not so dearest and no more nearest to buy sovereigns so I know how many she's got. I also now know in future turmoil, she cannot justify pleading destitution.
@walkabout165 ай бұрын
As of mid-May 2023, gold is trading at around $2,000 per ounce, while platinum is trading at just under $1,070 per ounce Historically, platinum used to be more expensive than gold, but in recent years, gold’s price has surpassed that of platinum. So currently, gold holds a higher value than platinum. 🌟💰
@thinkingoutloud6741 Жыл бұрын
Gold also has the advantage over silver in that you can carry substantial value on your person , but would require a vehicle to move the same value in silver. Then there is obviously the storage volume required for silver.
@BackyardBullion Жыл бұрын
Totally!
@menacelurkingyet834513 күн бұрын
Either way you can get robbed. Maybe is better not to "carry substantial value" ?
@thinkingoutloud674113 күн бұрын
@@menacelurkingyet8345 circumstances can arise where mobility is important. I’m not telling you that everyone has to do anything I’m saying. I’m just offering information for each to do with as they please. And I expect there are enough situations in the world where nearly every possibility will take place. Murphys law: if something can happen, it probably will.
@e34m51 Жыл бұрын
Baht chains are 96.5 , or 23.48 K . You can cut small pieces off to pay for things of value ... I travel to Thailand a bit , you can buy them in gold shops all over Thailand ...Can negotiate or trade straight across , for any gold you bring .
@BlockchainMoney87 Жыл бұрын
Next time can I send u some money
@ilevakaM9 Жыл бұрын
I’ve been buying bars since I’ve started collecting ( only gold ) been tempted to get a 1 Oz Britannia but I’m not sure wether that is a good move, I do like sovereigns but I have a gold fever for 24k only so far 😬
@Jesse_Dawg2 жыл бұрын
I love your videos. Please keep making more. I like that you are very grounded about the precious metal and not hype factory
@andremarques4948 Жыл бұрын
I’ve been stacking unknowingly since I was born. There was a tradition in the family to gift half sovereigns in special occasions, to the kids. I was never into fractional gold. When I started buying my horde, it was always crafted as an ‘when all else fails’ tool. Now, there is a risk to gold in this scenario: Researching history of gold confiscation, investment gold would be a prime victim. That brought me back to coins. As a historical coin collector, the attraction of older gold coins was also a factor. So the stack of both gold and silver coins now fits into the collection. I go beyond half and full sovereigns… there is also the European unified issue, with Francs, Mark, Lira, Crowns, etc… some of them are beautiful as the Swiss 20fr or the French liberty. I also find very good silver decorative and older household items, very close to spot price. It completely out of fashion, so people are selling it sometimes below spot for silver content. It’s heart breaking to see…
@riddleTCG Жыл бұрын
One thing I would say, If you're buying silver in the 10oz bar range, even if silver dips you're typically able to dollar cost down quickly where as 1oz Gold for most people you make your purchase and you can't turn around a week later and just follow the down market.
@KENEJ20052 жыл бұрын
We appreciate the lack of gormless face shock horror thumbnails. And also your intergrity in not shilling. I can only reward you with my thanks and by always watching till the end. For me it has always been simple. I stack a small amount just in case the global financial system does ever fail, so I have a means to transact until things normalise. So it's purely functional / utilitarian - bullion brittanias and some sovereigns for smaller denominations. Wee bit of silver for the same reason. Probably never needed, but best to have a wee bit of PM's just in case.
@BackyardBullion2 жыл бұрын
Thanks for watching to the end. I really appreciate your feedback on that side of things. Never will this channel be like that.
@pjdepaolisii Жыл бұрын
A good take; I agree regarding silver. My only point of disagreement is that some of the limited edition fractional bars can have a nice, reasonably short term increase in value.
@stananders474 Жыл бұрын
I love the way the presenter couldn't go more than 5 seconds without touching his collection. He moved the silver especially on the left side. The condition is called "this is mine".
@Eaglemadhatter Жыл бұрын
My precious
@c173602 жыл бұрын
Love the sovereigns, but like you say, the modern color bugs the heck out of me; prefer the older sovereigns than the newer ones.
@CrankyCronos2 жыл бұрын
I put gold and silver bullion in the same box as real estate. It's only worth what someone is willing to pay for it. Gold and silver just tend to hold their value better than other things. Silver, I prefer to hold as a commoner's money, and the gold for "wealth".
@BackyardBullion2 жыл бұрын
Thanks for sharing your thoughts!
@timothylongmore7325 Жыл бұрын
I haven't bought either in years. I would have this last winter but alas , no money available. Glad I haven't sold any though. Especially junk silver. Love the junk.
@NMAMxRE2 жыл бұрын
I’m new to this ‘sport’ and I think I view it as 5% the silly doomsday scenario happening and that whole spiel, then it’s maybe 90% enjoying the beauty of it all and the odd feeling of knowing I possess it! The final 5% is mildly hopeful of financially breaking even if needed or making money, but also hopeful to pass it to heirs, and in the end I enjoyed it. Gotta buy a ticket, to take the ride…
@EnFuego79 Жыл бұрын
That 5% scenario has been playing out with 100% accuracy to date... just sayin. Might want to check out Grand Theft World and the Corbett Report.
@dazuk1969 Жыл бұрын
It depends on budget. If you are on a budget I would say buy silver. You get a lot for your money and it will only go up as our need for it increases. Every electronic device has silver in it.
@timacoata7456 Жыл бұрын
Thanks for the input , I enjoy your videos and appreciate any advice / guidance. It’s good to read all the other responses , the input, knowledge, and experiences. Thanks to you and all others . Question : budget wise I’ve stacked government silver; maples ,Austrian philharmonics, etc… I moved to Gold but bc budget constraints I’ve being buying the 1/4 ounce Gold. IE; 1/4 oz St. Helena Rose Gold Guinea’s . Are these a good investment or should I switch to 1/2 ounce gold ? Please any response Is welcome . Thanks
@mrhow27122 жыл бұрын
Just buy gold at spot price or a pinch above and make sure you're buying from a reputable source and you'll be fine
@swedishpsychopath879511 ай бұрын
I bought a couple of Australian Kangaroo 1oz gold coins 8 years ago. Are you saying gold coins are bad to have? I don't care so much about what the coin face show - but I expect the coin to be as pure gold as it can be. So in worst case I can melt it and it is still gold. I don't understand why you talk so much about the outside of the coins? Isn't the point of owning gold coins the gold value?
@fredfrederick56075 ай бұрын
For me, the weight is the main value, but if I can buy something collectible at a few % more, there is a better chance of it being worth more if the dollar doesn’t collapse.
@Koyoshinkai Жыл бұрын
I would buy plain 50g bars, no fancy pictures or anything like that, do not pay for looks, only pay for Gold
@robmirich3281 Жыл бұрын
I just started looking into the concept of stacking metals. Thinking that dipping my toe into the water with physical metal is a bit risky. Maybe putting a bit of my IRA into miners (for the leverage aspect) is good in my situation. I really like the stack of gold you are showing on this video, though. That is pretty sick.
@novaxdjokovic9592 Жыл бұрын
Rule #1 If you don't hold it, you don't own it
@VM-ry8si Жыл бұрын
Miners only outperform the metal on brief occasions, Northstar Badcharts show a great chart on this. Combo of high quality metal etfs and stacking, like the other comment, if you dont hold it you dont own it. Only a small number of miners outperfom, Alamos for gold has done well since gold bottomed, and Wheaton PM for royalties, but they are up a lot, so buy on a reasonable pullback. Just be careful, after a few years I've learned the hard way!
@Place_to_keep_videos3 ай бұрын
So happy I found a proper British channel. Good advice. Cheers from North Carolina.
@BackyardBullion3 ай бұрын
Awesome, thank you!
@TheNYCWatch Жыл бұрын
Great information, though you neglected to mention how price plays a role. If I’m able to find a buy on premium metals at a discount and either flip them or hold them (assuming I feel comfortable the premiums will hold), I’ll do that every time.
@alan13402 жыл бұрын
Agreed, I also made a number of poor purchases when starting out. I hope I am somewhat wiser these days :)
@leeperola70232 жыл бұрын
Stop telling the dull-ard"s what's a good buy. It's hard enough finding good sov's at the moment! (Hehe)👍
@BackyardBullion2 жыл бұрын
Ha, yeah well if they/you find some let me know!
@ronaldhall97012 жыл бұрын
I love to buy sovereigns and I do feel the same way about the old VS new. I buy quarter Oz 9999 when I get a good price. I sray away from ounces for liquidity reasons
@BackyardBullion2 жыл бұрын
The old ones are so much better!
@masonb11002 жыл бұрын
Definitely buy buffalos and American gold eagles if you are in the states. Places pay high premiums for them. Maybe not where you are from but if there was gold you were trying to sell that wasn't from the US then places won't even pay spot price for it. So definitely stick to buffalos and AGE if you can get them at a decent price. Currently I have a place where I can buy buffalos at $1920 each after tax. Super good deal. Considering I can sell them all day long for $1850-$1875 at local coin stores within 30 miles from where I live. Keep stacking everyone. It's different for everyone. Just call around and look into what places will buy metals for and go with the most wanted ones.
@akgoldbear76692 жыл бұрын
13:19 This silver bar is just mesmerizing! 🤩👌
@pascalrouen3 ай бұрын
New just this week to stacking. But after hours of researching and watching hundreds of videos, my personal conclusion currently is this: For Gold, I want .999 24karat, I don't want it diluted if I can help it (like with AGEs and Krugs), and in coins whether 1/10, 1/4, 1/2 or 1 oz. So Gold Maples mainly. Then for Silver, coins as well, ranging from 1 oz rounds and sovereigns to some constitutional silver dollars or mercury dimes or other denominations. The gold for the main store of value, with options of fractional liquidity or bartering if necessary - the silver mostly for bartering/currency, but also as a potential store of value. I'm leaning towards staying away from bars, and sticking to only coins, mainly because they are so universally recognizable, and I believe would be better understood in a bartering situation when and if fiat collapses.
@mercurialmagictrees Жыл бұрын
This is the first video I watched from your channel. It was great. I am glad I was recommended it. I like to buy some old UK gold coins.
@BackyardBullion Жыл бұрын
Thanks and welcome to my channel!
@debrashaw684 Жыл бұрын
Thanks for this great info, been looking to buy for a couple of months but still haven't had courage to do it. Will do more research before buying.
@BackyardBullion Жыл бұрын
Glad it was helpful!
@MR-kl2ul Жыл бұрын
Win or learn, never a loss🙂
@IsabelHeitor-k2m10 ай бұрын
This is the first video I watched from your channel. It was great.
@maiabrittany Жыл бұрын
Thank you. I'm a new stacker and appreciate the tips
@Randy-MacDonald8 ай бұрын
Only started collecting a couple months ago and just found your videos, just subscribed. Thanks for the advice.
@paulhollier63823 ай бұрын
Asking "what size of gold/silver should I buy?" is like asking "what size of shoes should I buy?" You buy the ones that fit your feet. If you have big feet (i.e. a lot of money to spend / invest), you buy big shoes. Likewise, asking "what kind of gold/silver should I buy?" is like asking "what kind of shoes should I buy?" You buy the shoes that fit your life & lifestyle, as well as where you're trying to go & how you are going to get there. If you work in construction, you'll buy considerably different footwear than someone who is a ballerina. The retired can buy house slippers, but a marathon runner better have top-notch footwear, to protect their feet (and joints) from repetitive stress injuries. There's no "best" to buy, no "one size fits all" that works for any occasion. It is all about doing due diligence, researching what all is out there, and deciding which options best mesh with your own financial plans for the future. Abraham Lincoln was once sarcastically asked, "How long should a man's legs be?" (i.e. poking fun at his unusual height.) His witty answer was, "Long enough to reach the ground." Same principle applies to investing in precious metals. Standard Generic "One-Size-Fits-All" Disclaimer, for anyone reading this comment: This comment reflects MY investing choices. There are many like them - and also many unlike them - but these are MINE. They fit me like my shoes; and, just as my shoes may-or-may-not fit you, so my investing choices, strategy, goals, and style may-or-may-not fit you too. Do not follow my choices blindly - or anyone else's, for that matter. Always do plenty of your OWN due diligence, from multiple sources, before you actually put your cash down on the counter and buy anything!
@silveribis557 ай бұрын
Last year, for the UK, silver was at £20....today, a year later, it's £20. Gold on the other hand...
@BackyardBullion7 ай бұрын
Yes indeed!
@buildingAbiz23 күн бұрын
I agree 100% I have always gotten more money for actual gold coins like the U.S. $5 Pre-1933 gold coins instead of just a gold bar or gold rounds.
@RockHudrock Жыл бұрын
I would buy a lot fewer “nice” gold and silver, because if I had to sell now it would break my heart because I’m quite attached to my carefully accumulated stack. My more recent purchases tend to be more basic (e.g., gold Britannias or Scottsdale silver bars. Still very nice, but a lot less emotional attachment. I probably should just buy totally generic at the cheapest price.
@alazorn66652 жыл бұрын
Bonus Ramble was ace! Cheers for this mate.
@BackyardBullion2 жыл бұрын
Glad you agree!
@jefflafave858 Жыл бұрын
Soooooo happy to hear you rant about the click baiters!!! I've unsubscribed from so many of those channels!!!!
@BackyardBullion Жыл бұрын
There are sooooo many and they are all garbage.
@johnswift17367 ай бұрын
My best profit in 2 years were silver bars from Australia as they because a collectors item. Going from 21 pounds to 60 on ebay over the 2 years
@BackyardBullion7 ай бұрын
Nice one! Well done!
@indusvision2560 Жыл бұрын
Thanks, first time on the channel, very truthful and honest- good for you mate.
@BackyardBullion Жыл бұрын
Thanks and welcome aboard!
@thetourminator Жыл бұрын
Last time I bought silver eagles was in 2019. Bought just 3 of them at $18.50, premium was only $3.50 over spot that day. (I'm looking at my invoice from that order.) Naturally I wish I purchased 3000 of them, not just 3. Right now I'd NEVER pay for eagles, considering the INSANE premiums of $20 per eagle.
@wernerfoerster3666 Жыл бұрын
the premium is about $6 ... which I agree is still too much
@thetourminator Жыл бұрын
Edit: 3 months after my above comment, and I saw a special for ASEs: about $5 over spot. Bought one tube.
@kyfeam9 ай бұрын
I don't buy gold and silver to make money.. I buy it to hedge against inflation.. and for bartering when the dollar hyper inflates.. people buying to make money misses the point of investing in precious metals..
@2is1gold2 жыл бұрын
Late on this one. I was working on a similar video and looked back at my past stabs on the topic. Interesting how quickly it changes - what I said a year ago is already outdated. I'm jealous of your CGT exemptions, by the way. A bit jealous of your Sovereign market as well. We just don't have a comparable choice on this side of the pond. Cheers!