Safer Ways To Buy Gold At All Time High Prices

[@Mark-u7u]

I'm buying a sovereign this weekend, I was thinking of buying 2 but I'll stay disciplined and wait until next month

[@SovereignSaurus]

Great 👍🏼

[@mitch9114]

@@Mark-u7u discipline is the key to stacking

[@jkly495]

If you can buy two - go for it.

[@Mark-u7u]

The all time high put me off buying 2, I was after a young head g+d but ended up with a shield instead

[@secretstacker]

Great vid am still buying on a schedule every month and dollar cost averaging on sovereigns is mad have paid over 500 quid for sovs today but they will go higher 👍👍

[@SovereignSaurus]

Awesome. I've picked up a few halves recently. Gold definitely trending up at the moment

[@mitch9114]

This video was spot on. I’m currently buying some fractional every month. Roughly 1/10, .12, or .18 oz coins at the lowest premium. Fits my budget. 2 months into a 20 month challenge. Thank you!

[@SovereignSaurus]

Well done! Stack it high

[@Goldylocksss]

Just got a 1/2oz Charles gold Britannia at low 2.5% premium at Chards, very happy😊

[@SovereignSaurus]

Cool, nice addition!

[@carlosenriquesalas1102]

Thank you for sharing a nice view (partial, I suppose) of your collection of silver and gold coins.

[@SovereignSaurus]

I've a video due out in the near future with a large part of the stack. Logistically very difficult to get a full stack video these days but I think you'll enjoy

[@carlosenriquesalas1102]

@@SovereignSaurus Great! Thank you. 👍🏻

[@daviniarobbins9298]

Here is a fun fact: Did you know old ex-circulating coins that contain silver are not classed as an investment? You can own as much silver in the form of old coins like pre 1947 British coins and pre 1965 US coins that contain silver. If someone is out of work claiming Universal Credit you can own as much of these coins as you like. Isn't that crazy? You could be sitting on several tens of thousands and the DWP don't care.

[@classicflo6616]

Nice video and take on things thank you:)

[@transientstacker4310]

I have come to look at stacking as a hobby as well as a way to build capital, so I tend to buy because of want and I don’t worry about price too much

[@SovereignSaurus]

Yes it's probably easier for us to do that when we're sitting well into profits from our average cost

[@Der0Nibelung]

@Sovereign Saurus As an American, the funny thing is that my entire gold reserve is foreign; 1 oz National bullion and the numismatic Sovereigns, Marks, Lire etc. I've found that most dealers here will turn their noses at foreign, only interested in Eagles and Buffalos, the other dealers will super low-ball you if selling to them. Do the UK dealers have this same attitude when encountering coins from outside the UK?

[@lamarravery4094]

The Irish have a gold Lire? I've never seen those. Americans prefer American coins so that's why coin shops want them.

[@Der0Nibelung]

@@lamarravery4094 Not that I am trying to sell, but after inquiring, it would be harder to unload my foreign gold from the 1700 and 1800s to a local coin shop... always better prices when buy/selling peer-to-peer.

[@lamarravery4094]

I like that tube of gold. Are those quarter ozs?

[@SovereignSaurus]

Full sovs in that one 👌🏽

[@marcofsw]

Nice to see some Swedish silver coins in the back.

[@SovereignSaurus]

There are some lovely chunky 90% coins from Sweden

[@marcofsw]

@@SovereignSaurus Yes, the 1935 five kr is great.

[@dleetr]

I wonder how many new mines are in development, off the back of this pop up.

[@SovereignSaurus]

It's an interesting thought.... there is a channel called MBMM LLC and from what I can gather the guy is making small scale mining set ups and with the way prices are going it is probably getting more and more likely to be a viable idea

[@josephbrown3647]

Im buying fractional each month. Wish I earned enough to buy large but 1/10th oz gold and 10oz silver and if spare I'd be able to get 1g or 2g extra gold.

[@jkly495]

you are doing a great job as some people don't have enough money to buy all the gold and silver that you are buying every month. Keep buying gold in whatever increments you can as it all adds up.

[@dleetr]

Most premiums appear to be price gouging in the supply chain. They charge what they think they can get away with.

[@SovereignSaurus]

I guess if the demand is there....

[@dleetr]

​@@SovereignSaurus people piling in buying the top of the market at the moment, as usually happens. But premiums have been kept low.

[@lamarravery4094]

You can shop around, you don't have to accept a price if you don't like it, you might find a better deal elsewhere.

[@stuarthudson2158]

Thank you cheers 🍻 mate regards from stewy Hudson and Family Birmingham city England 🍻 🇬🇧 👍 😀 👏 👌 🍻 🇬🇧 👍

[@SovereignSaurus]

Thanks Stewy

[@bullionaddict9164]

Cheers SS 🍾 🔥

[@SovereignSaurus]

👌🏽👍🏼

[@1979aib]

ive gone from full soveriegns to buying halfs, as just cant afford the jump in cost

[@christophermccormick8670]

Dollar Cost Averaging all the way.🥃

[@SovereignSaurus]

👍🏼👍🏼

[@ptaeiy-n2h]

It's better to be an informed buyer and understand the gold market movements to buy at opportuned times instead of buying on set schedule (1 or 3 months intervals) willy-nilly. DCA is not a good strategy in my book.

[@SovereignSaurus]

Mathematically yes if one acquires the knowledge and or learns the skills required and then gets it right in practice it would be more profitable

[@ptaeiy-n2h]

@@SovereignSaurus Then the better advice would be to educate oneself to make prudent investing decisions. The thing is, even if you get it wrong it can't be any worse than stabbing in the dark with DCA. And if you get it right, you tend to be better off.

[@bradleyozbun1012]

💯 to you ! In my buying of gold I have noticed that the D.c.a. is not a good move ! I was more or less trying to gain something instead of nothing but now I have haulted to buying. What is the correct path to learn the market to gain knowledge on this area ? I want to better myself but that seems to be the trick that no one is willing to tell. Thank you for your insight of the take of the video. ​@ptaeiy-n2h

[@lggsretrofinds4461]

buy the cheapest bullion with spot or 2-3 premnuim

[@sam-zg6ps]

Is billion by post legit have you ever bought from them and sold your gold from then on got it verified to be real ?

[@SovereignSaurus]

Bullion By Post I assume you meant? Yes I've bought many times and sold a couple of times with them since 2018. Haven't had better service even during the lockdowns and times of high demand

[@jkly495]

@@SovereignSaurus Agreed - they are a good dealer but a bit more pricey in comparison to other deals out there

[@shauncorless8965]

Anyone not buying gold knows nothing about history or economics 😮

[@SovereignSaurus]

I notice that a few different dealers have noted on their web pages that there are potential delays due to exceptionally high demand this past week or so

[@jkly495]

@@SovereignSaurus Atkinsons have shared that deliveries are taking slightly longer than normal due to high demands. This has been on their website for the last couple of weeks.

[@gmanlee575]

Yh they also slyly added 10 quid on top of their premium