Stacking Gold For The Next Generation

[@martinsmith3354]

Gold? What gold? I lost all my PMs in a terrible boating accident. 🤫

[@jkly495]

ha ha ha

[@josefsmith3140]

Damn! You too? What the hell is really going on?!

[@easternzone7869]

Consider yourself lucky… I recently lost my PMs, ammo, and gun collection when mine sunk.

[@M.RInvestorChannel]

Your sovereign gold accumulation is beautiful and awesome message 👏

[@josephbrown3647]

Wow what an amazing gold collection 😍 definitely need more

[@SovereignSaurus]

Can you ever have enough? 🤣

[@timregan-morris5051]

I used your “bullion by post” referral yesterday. I’ve binged your content and now dipping my toe stacking halves. 😊

[@MrSharpe95]

I've used them a couple of times and have been very happy with them 👍 Just starting my pm journey 😊

[@SovereignSaurus]

Awesome. Take it slow and I hope gold looks after you the same way it has me the past 6 years or so. My first full sovs cost around £230 in March 2018. I wonder what we'll be saying in another 6 years

[@MrSharpe95]

@@SovereignSaurus well I've come to the conclusion that I'd rather have physical gold and silver than have money in the bank. Saving for that rainy day 😁

[@UncalBertExcretes]

​@@MrSharpe95it's important to have cash savings also. I made the mistake of putting all my spare money into silver then ended up having to sell it all because I had no cash savings to deal with a financial matter.

[@healthyactiveparents2381]

I just started to stack about 6 months ago. My next generation is young. 6 and 7. I started with them. They came to the coin shop with me on my first visit. They save up to buy their own silver coins. They even have a few oz they like to pull out and look at. I’ve even had conversations about how silver and gold is real money. I think the best way is to not only educate but share the passion. My kids write letters for my LCS owner and are as excited to see him as I am. After each visit, they are excited to see what I got. They don’t really know what the money of it means yet so as I teach them about money and how to save and spend, precious metals will be a part of it. As far as your point on the next generation blowing on a holiday, I think that shows more about how a parent taught their child about money. But it could easily be in a will that the coins could be not sold or only sold for say property, a car or large purchases. Maybe even a clause saying they must add to the stack for a year or two before selling any of it. That way they will fully understand the value and have a decent relationship with an LCS.

[@renaissanceman5847]

when you die... your kids will cash it in and blow the money... generational wealth is a lie. studies indicate that 70% of generational wealth is gone on the 2nd generation an 90% of them gone by the 3rd

[@davidlewis98]

I started stacking in 2019 as a way to “hide” wealth. In the UK the local authorities can request that you sell your property to fund your social care if you require it. Therefore the majority of your wealth along with a good chunk of your cash savings will disappear. Whereas if you have acquired a gold stack the coins can be sold at your discretion when needed in old age without the authorities knowing. I only stack sovereigns and Britannias due to CGT concerns and this may be born true when the next budget happens 😓

[@jkly495]

well thought out as saving isn't an easy task and why should the authorities take it as you have sacrifices to save what you can. i will be doing the same

[@MMan-yo3ix]

Started with the same thoughts. I don't have a crazy lifestyle so the taxman just leaves me alone..

[@JamesWilliamson-w8y]

Today 13 Sept Gold in London hit an all time high price over £1960 per Oz and shows no signs of stopping. So I say hold.

[@SovereignSaurus]

£2k an Oz doesn't seem that far away... Just over 2%

[@jamesdoe3713]

@@SovereignSaurus 2030 prices will blow your hair back...

[@aponcapone]

I hope its also the case for Silver​@@jamesdoe3713

[@nickfrost9771]

@@SovereignSaurus people don't care because everyone knows our time here in earth is almost over. So smart people, rather than hoarding something useless you can't take with you, are using it to glorify God or just enjoy their time here on earth. Coin collecting was a past time, it's dying. No newcomers to the hobby in the past decade.

[@viperx7262]

I really love the circulated gold must be nice to be able to hold your gold directly.

[@AY-qf4pg]

It's a difficult hobby and investment because as much as you'd love to tell everyone and encourage them, you also can't tell anyone due to security risks. Some people i know have all gotten into bullion on our own accord, but we also never talk about it and we have no idea how much each of us have. 🤫 According to Michael from Bullion now, he's seeing alot of customers under 40, where as when he was younger, there was only old men into bullion. It seemed like sound money skipped most boomers because they were banned from owning it for most of their life.

[@ulexite-tv]

As a member of the Baby Boom generation, i will say that most of us got into silver during the time when the transition was being made from silver coinage to crap-metal coinage. We pulled silver out of pocket change and stacked it. Buying gold was beyond the reach of many of us during those years, because all of the gold was numismatic -- but as gold bullion coins became available, we started stacking gold. Silver will always carry the thrill of my youth (especially, as an American, Mercury dimes and Morgan dollars), but modern bullion gold coins carry more value per fiat dollar spent.

[@dleetr]

If you had enough gold, you could put it into an offshore trust, for nominated family members, with a moderate payout over time or a yield after a certain age had been reached.

[@jamiefrost2091]

This is a perfect subject on your video 🙆‍♂️. I’m no spring chicken anymore, so I’ve been debating whether to tell the wife about my sovereigns (she knows I have a bit of bullion silver, but not about my gold), I’m just worried that if I tell her, she’ll drag me down to the dealers to sell it all😱😱😱. Decisions, decisions 😱. Thanks for sharing 🙆‍♂️

[@SovereignSaurus]

Yes hopefully we've got plenty of years left but certainly a consideration

[@jkly495]

say nothing

[@joshbamber]

Can’t have a great relationship with the wife if you have to hide stuff.

[@Goldylocksss]

​@joshbamber think there are thousands of married males in the same situation😂😂

[@jamiefrost2091]

@@Goldylocksssthank you 🙏

[@secretstacker]

Have not even told my daughter as loose lips sink ships... But there is a journal/financial statement alongside my will for the stack to be passed on with as much info as possible... Definately something so many stackers have not thought about

[@jkly495]

agreed

[@DavidImpatief]

"A few bits and pieces" classic! I just spat my coffee on the wife. Regards

[@SovereignSaurus]

🤣 Hope she likes coffee

[@jkly495]

i would be happy with stack this guy has got

[@Goldylocksss]

Almost a millionairre 😂

[@Der0Nibelung]

@Sovereign Saurus Please do a video on the GSR and purchasing power of Shillings and Sovereigns from the 1800's. I love collecting numismatic Gold and Silver from Britain, Prussia, British India etc etc and have found out that the GRS was closer to 13:1 which is mind boggling!!!

[@Goldylocksss]

"We're only making plans for Nigel" 😂😂😂XTC

[@fragdad]

It's a coincidence that you have made this video. I am a brand new sovereign staker. When I say stack, I mean a small pile.😂 I have been thinking for a while now about future wealth creation opportunities as it seems to me the rich are getting obscenely rich, and the rest of us are being squeezed from every angle. I reckon my grandchildren will not be able to buy their own homes. So, as the older generation, we have a duty to keep the wealth we have and pass this on to the next generation. This is the main reason I have started to collect.

[@upasaka259]

Family member finds your 1oz brit.. thinks it's worth 100pounds 😱😱

[@Sogard69]

😂😂😂😂

[@SovereignSaurus]

That's how much the Mrs thinks I spent on 'em 😉 ... and she's furious

[@upasaka259]

@@SovereignSaurus 😂😂😂

[@jkly495]

@@SovereignSaurus so when are you going to tell her how much they are actually worth

[@mrah2423]

I was thinking about this earlier 🤣 The absolute pain

[@royston2357]

Thats alot of gold mate you must be stacking for years 🤝👊 well done

[@ulexite-tv]

I keep thinking about putting the gold in my coffin as grave goods for future metal detectorists and archaeologists to find!

[@joshuain2771]

leave a note with it

[@SovereignSaurus]

You might end up in a museum 😁

[@ulexite-tv]

@@SovereignSaurus That is indeed my hope!

[@ulexite-tv]

@@joshuain2771 -- Good idea. I was thinking of having a jeweler engrave a message on one of the coins.

[@fragdad]

I would love to know how people grow their stacks.

[@SovereignSaurus]

For many it's just a coin or a few coins at a time done consistently over years it mounts up. Some maybe add more if they get a windfall too I guess

[@Stackertom]

Hi mate I just got my first gold coin I uploaded a video of it not very good quality camera though so sorry for that 😔, I only went with the sovereign as I saw all your videos and fell in love with em. I'll be stacking them now for years me and my son are both stacking half sovereigns. He's only 10 so doesn't understand their value fully yet but I'm learning more about their history now and want to teach it to my kids too. All the best with your stacking mate hope I'll have as many sovereigns one day 😅

[@SovereignSaurus]

Fantastic I'll take a look. Wish I started stacking when I was 10 😁

[@Stackertom]

@@SovereignSaurus sorry I didn't get back to you mate I just came back on this channel after I deleted my video due to the quality I'll be making another when I've got a chance to, got 3 half sovereign I want to show off managed to get a lovely 1982 proof from best value.

[@davisstevied]

Half sovereigns given to my children for special birthdays and 1g gold bars given as Christmas presents 👍🏼

[@SovereignSaurus]

Lovely. Do you want to adopt me? 😁

[@davisstevied]

@@SovereignSaurus I’m just hoping they start buying their own gold earlier in life than I did! The cost of gold being so how now a half sovereign is just about doable being bought every month! I hope they do go down that road as they will have 42oz in 30 years which will be worth a hell of a lot of money!

[@JamesWood-ht5tm]

I originally started buying sovereigns to protect some money i inherited as the collection has got bigger ive got more attached to them pretty sure they'll end up going to the next generation now 😅

[@SovereignSaurus]

Sounds like that's working out well. Definitely harder to get rid of than numbers on a screen in a bank account

[@bengreatrex1364]

How much is in your whole stack?

[@johngreen6191]

My lot are so dopey they wold take £50 for each coin and walk away thinking they got a good deal.

[@SovereignSaurus]

🤣 Yeah frightening to think sometimes

[@floghavenwisenberger2868]

Nice Stack! I'd really like to add some of your beautiful Soverns to my pile but really don't ever get the chance to see that stuff here. I wonder... Could there be profit in trading across the "pond"? (?)

[@SovereignSaurus]

I'm sure there could be 🤔

[@kuribohner7680]

A few coins? That's a retirement portfolio right there.

[@AntonioSy]

Where can I buy sovereigns in Asia

[@SovereignSaurus]

I'm sorry I've not bought in Asia before but on that side of the world Billion now in Melbourne Australia might be able to post to you?

[@WhooshFlyingHorse444]

Nice pile you have there!!! Would you consider trading any of your duplicates Sovs with me? Please indicate and get in touch. Thanks

[@MMan-yo3ix]

i have put some thought into that. Treasure is split into seven locations, it will be a contest between the ex and my kids who finds the map first...

[@SovereignSaurus]

Sounds exciting

[@Lovemy911]

Great " little stack there " 😂. Well done. Ps is that a Midlands accent we hear ?? . 👍😁

[@SovereignSaurus]

Thanks, not sure about the accent it's been distorted over the years

[@petruflorintofoleanu5865]

SAVE GOLD SILVER I LIKE YOUR NR OF OUNCES 😊

[@DjD1MAH]

bury it and have a map to let your children know where it is

[@davord3898]

Interesting

[@SovereignSaurus]

Make em work for it 😁

[@DjD1MAH]

or the tax man will have half of it

[@younube2]

Bitcoin?

[@mr.mysteryguest3747]

Hardest Money 🍊

[@ulexite-tv]

No thanks.

[@younube2]

@@ulexite-tv a yellow stone is a better store of value?

[@Treeborer]

Bitcoin and gold for me. Not so keen on silver due to VAT kiability. I don't like paying tax if I don't have to. 😃

[@mr.mysteryguest3747]

@@ulexite-tv it might be a good idea to educate yourself on it 🤷‍♂️

[@renaissanceman5847]

Here is what i've learned watching the offspring of old people that bought gold... the offspring cashed it in and blew it on a vacation. Seen it happen with land and homes too on numerous occasions. teach them how to manage money and identify liabilities vs assets... thats the best idea. studies indicate that 70% of generational wealth is gone on the 2nd generation an 90% of them gone by the 3rd

[@kaynef6637]

Nice hoard 😄

[@HexVisualNovelPlaythroughs]

cheap gold i hope to get soon

[@mrscreamer379]

Your kids are not going to care about your gold. You sacrificed to save that ... and they will likely just cash it in and pay their credit cards off, take some holidays and buy a car. Poof. Gone. They didn't have your financial discipline to build a stack, and so they will blow right through it. If you don't ever intend to spend the wealth you protected for so long, you are just collecting shiny stuff like a magpie and ruining your current quality of life whilst you are at it.

[@SovereignSaurus]

It's quite possible they would yes but I'm gradually building the stack over time so it isn't hurting my lifestyle. There is likely a few stackers amongst us who will make sacrifices only for it not to be realised by them or their family in future

[@connect4558]

Fair points, I think about that as well. My take is that anything inherited is not treated with as much care as when you earn your own money. I just hope my kids respect my sacrifices and make wise decisions. 🤷‍♂️

[@jkly495]

true but at least its there if you need it

[@dleetr]

Yes, I don't like the idea of someone else profiting handsomely off of my long denial of base urges. Especially some shifty dealer that sees your family members as an easy mark. Evil should not be rewarded. I am not talking about normal, fair dealing bullion traders, of course. Everyone has to make a living.

[@supasuprodchinda1350]

What’s that couple hundred grand worth of gold?

[@SovereignSaurus]

The way gold price is moving lately it's starting to add up