No video

The Truth About Silver in 2023

  Рет қаралды 43,224

2 is 1

2 is 1

Жыл бұрын

The truth about silver in 2023 is complicated with pros and cons worth considering. The metal itself has a lot of potential, but the hype behind it doesn't line up with its historical performance. Maybe that will change - who knows? What we do know is that the facts and the hype tell different stories.
✅ SUBSCRIBE: kzbin.info...
🔥 JOIN: / @2is1gold
📷 Instagram: / 2is1gold
💬 Discord: / discord
🚫 DOOR MARKED PRIVATE: / @doormarkedprivate
🔥 SDBullion Promo: sdbullion.com/new
HELPFUL VIDEOS
▸ Gold Coins 101: • How to Buy Gold - Star...
▸ Storage: • Is Your Gold Safe? Sto...
▸ Capsules: • The Best Coin Capsules...
PRODUCT LINKS:
▸ Pelican Micro Case
amzn.to/3r6HtUd
▸ 32mm Direct-Fit Capsules (Fit 1 oz American Gold Eagles, Gold Buffalos, etc.)
amzn.to/38TpVE9 (10 capsules)
amzn.to/3F1FYgX (20 capsules + tube)
▸ 30mm Direct-Fit Capsules (Fit 1 oz Canadian Maple Leafs)
amzn.to/3pYmLoO
▸ 27mm Direct-Fit Capsules (Fit 1/2 oz American Gold Eagles, etc.)
amzn.to/3nVpfCq
▸ 22mm Direct-Fit Capsules (Fit 1/4 oz American Gold Eagles, etc.)
amzn.to/2LHteFN (20 capsules)
amzn.to/3UI0D0s (20 capsules + tube)
▸ 16mm Direct-Fit Capsules (Fit 1/10 oz American Gold Eagles, etc.)
amzn.to/3roUzLy
▸ Theory11 Playing Cards
amzn.to/3ec9B4L
▸ Field Notes Notebooks
amzn.to/3fuWoq2
I buy gold and other assets over time, and then buy more as price and interest allow. If you want to know more about buying gold coins, that is my primary focus here. Cheers!
GET IN TOUCH
2is1gold@gmail.com
Disclaimers: I am not a financial advisor, a CPA or an attorney qualified to give financial advice. Nothing I say is meant as professional or financial advice. I'm just a guy on the internet, talking about precious metals. This is for entertainment only. If you're looking for financial, tax, legal or other advice, please seek out a professional. I will NEVER ask you to send me money to trade or invest for you. Please report any suspicious emails or fake social media profiles claiming to be me.
Some links in the description may be affiliate links. As an Amazon Associate I may earn commissions from qualifying purchases. Any potential compensation I earn will not negatively affect your purchase. In some cases, I may receive payment or other consideration from the companies mentioned in the videos or descriptions. No matter what I or anyone else says, it’s important to do your own research before making a financial decision.
Thank you!

Пікірлер: 504
@WorldMoneyWins
@WorldMoneyWins Жыл бұрын
I like both. Gold is savings, and silver is fun!
@2is1gold
@2is1gold Жыл бұрын
You know what else is fun? (🔫)
@bobandmaryw4336
@bobandmaryw4336 Жыл бұрын
I have lots of LEAD. Sinkers, Ammo no paint chips…😂. How come nobody talks about Copper ?😂
@InappropriateShorts
@InappropriateShorts Жыл бұрын
Yes fun money is designated to lose…like silver
@WorldMoneyWins
@WorldMoneyWins Жыл бұрын
@@InappropriateShorts I bought silver when it was $6 an ounce, how much did I lose?
@InappropriateShorts
@InappropriateShorts Жыл бұрын
@@WorldMoneyWins hard to gauge need more info. Reply with date purchased, mothers maiden name, previous address and any 4 sequential numbers in your ssn
@PistolPackingPilot
@PistolPackingPilot Жыл бұрын
The more I continue in my stacking journey, the more I favor gold. I love my silver, and if it pops, I’ll get great returns. I love the stability of gold though. But what’s even better, is the compactness of gold. In a bug out scenario, there’s no way I could take all my silver. But I could take all my gold. Great video.
@2is1gold
@2is1gold Жыл бұрын
I’ve gone that way too. The more time I’ve spent with the metals the more I’ve found gold to be more practical. Cheers PPP 🍻
@rilianriggs4620
@rilianriggs4620 Жыл бұрын
Right! 1500 oz of silver weighs almost 100lbs! Makes the bugout a little more difficult but I ain't leavin my silver
@ulexite-tv
@ulexite-tv Жыл бұрын
Silver is nice on weeks with less free money to set aside. Gold is better on weeks of higher income. The point: Stack regularly, and if the silver weight gets too out of hand, convert it to gold.
@alpha-escapes
@alpha-escapes 11 ай бұрын
Absolutely. Gold stores more money in a compact way, than Silver does. Whether a bug our scenario or not, it's just more convenient and space-saving. Provided the government doesn't confiscate lol 😂
@Onetwothree789
@Onetwothree789 Жыл бұрын
Silver has been suppressed for decades, I believe it will increase massively.
@chanceberg832
@chanceberg832 Жыл бұрын
No doubt it will when they need Silver to make Things...Silver has way more uses today Than Gold...I like to diversify
@MHollywood5
@MHollywood5 Жыл бұрын
Hopium
@craigjohnstone1461
@craigjohnstone1461 Жыл бұрын
​@@chanceberg832graphine
@weezem
@weezem Жыл бұрын
​@@chanceberg832that's the reason silver will stay of low value. It's used too much by corporations so they aren't going to drive up the price.
@johnbizzle4008
@johnbizzle4008 Жыл бұрын
The crime of 1873. 150 yrs of price manipulation
@dandelioncorsage
@dandelioncorsage Жыл бұрын
I stopped buying silver when it became cumbersome to carry my entire stack in a canvas bag. I hope to have the same issue with gold some day.
@2is1gold
@2is1gold Жыл бұрын
💰
@Therese-1001
@Therese-1001 Жыл бұрын
I suck at savings. But I love silver and gold. Since I started stacking consistently, I’m watching my silver stack grow. Finally passed my first 100 oz not counting the constitutional. Slowly adding 1/10 oz of gold. That’s all I can afford at this time. Filling my little air tight tube. 😊
@commoguru
@commoguru Жыл бұрын
That's what I'm doing, I'm at 55 oz and I'll have 100 by years end, I get 10 oz a month. Next year I'll start with 1/10 oz gold eagles & get 1 of those each month & only 5 oz of silver. I stack back some cash each month too for emergencies so I don't have to dip into my stack.
@Therese-1001
@Therese-1001 Жыл бұрын
@@commoguru 👍🏽😊
@craigthescott5074
@craigthescott5074 Жыл бұрын
There’s absolutely no reason silver shouldn’t be $50 an ounce considering how much gold is. The problem with silver is it’s heavily manipulated and prices are kept low. I have a monster box of silver just so I have some purchasing power if the dollar crashes but I won’t buy any more.
@Raiyyek
@Raiyyek Жыл бұрын
Thank you for this video, and the sanity. I had dabbled in precious metals but got serious about putting savings into them in 2020. As you mention, I kept hearing that silver was the way to go, so I bought a lot of silver. However, over time - when I took premiums into account - I realized that silver was going to have to go WAY up for me to just break even on my purchases, whereas my gold purchases were already showing a profit. At that point, I stopped buying silver and put more into gold, in spite of KZbin saying silver was going to the moon, and the gold:silver ratio, yada, yada, yada... All I could think about was the premiums. Everyone talks about precious metals being a “store of value,” but the premiums still count in that value. The value of my money has been retained or increased with gold, but the “total cost of ownership” for silver has caused that money to lose value, not be retained. Yes, some day silver may go to the moon and I will make mad profits. At this point, I’d be happy to break even. Also, as others have pointed out, the portability of gold is not lost on me either.
@juhgfdsapiyhhnnxc3517
@juhgfdsapiyhhnnxc3517 10 ай бұрын
Both will moon eventually
@silvertrek357
@silvertrek357 Жыл бұрын
Even fractional gold is cheaper than silver premiums.
@The_Argent
@The_Argent Жыл бұрын
That's just factually untrue unless you're extremely selective. Just did a cursory look and found common fractional gold (.1, .25, .5 oz) between 11 and 24% premium and silver (rounds and coins) between 15 and 19% premium.
@Stanislaw93
@Stanislaw93 Жыл бұрын
@@The_Argent It depends - in places like the UK the premiums on Silver coins and bars are unbelievably high - 40% over spot for the cheapest best value pre-owned bullion coins is nothing special. EDIT: For a comparison, you can get the cheapest 1/10 oz Gold Coins for as little as 12% over spot (with free postage) or a Half Sovereign for 7.5% over spot with free postage.
@Triplaglol
@Triplaglol Жыл бұрын
@@The_Argent Don't know where you are from but where i'm from the cheapest silver coins and rounds are like 30 - 35% minimum premium. Bars aren't even an option since they charge 21% VAT on top of the premiums. (Belgium here but same thing applies in the UK).
@The_Argent
@The_Argent Жыл бұрын
@Triplaglol USA here. No national VAT on gold or silver but some states do charge sales tax. If they do it applies to both gold and silver.
@The_Argent
@The_Argent Жыл бұрын
@Stanislaw93 that's outrageous. In the USA, at worst, some states charge sales tax on both but it's ar most less than 10%
@FrankLeeNacty
@FrankLeeNacty Жыл бұрын
I appreciate the realism. Personally, I was in the ‘keep cash in savings account’ ideology and that did nothing for my net worth. Only helped my bank receive free loans and then offer credit to people who didn’t save their money. Luckily I sat out of the 2020-2021 silver hype and watched, started moving my long term savings into silver when spot price dipped around $21ish. I prefer minted silver coins & especially ASE’s for their retained premium. Moved in to gold this month, best decision I have ever made, cash can be a net worth trap from my experiences.
@2is1gold
@2is1gold Жыл бұрын
Nice!
@InappropriateShorts
@InappropriateShorts Жыл бұрын
What was your out of the door cost per oz spot doesn’t matter. These dealers can be RUTHLESS 😂
@FrankLeeNacty
@FrankLeeNacty Жыл бұрын
@@InappropriateShorts For ASEs and bullion in general I apply a bid spread strategy at auctions with sellers I trust. This allows my to pay few $ under the lowest online dealer price I can find per day. ASEs depending on the date and condition my bid spread is $28-$34. $28 for damaged ASE coins and up to $34 for BU 86’,92’,93’,94,95’,96’ ASE coins. Edit: With silver I generally aim for older coins, trying to buy into the premium instead of waiting 10yrs.
@ptaeiy
@ptaeiy Жыл бұрын
@@FrankLeeNacty As far as I know, some online dealers apply big buy premiums on select years coins, but group them together as random years when offering minimal sell premiums. You will lose money and net worth that way. Buy 34(+9) sell 29(+3.5) is minus 14.7% less net worth on paper, until you sell.
@edb3877
@edb3877 Жыл бұрын
"Moved in to gold this month, best decision I have ever made, cash can be a net worth trap from my experiences." Moving to gold seems an excellent idea, especially these days. Man, was it that long ago when ASE premiums hit 100%? I've often wondered just how long those buyers would take for their silver not to be under water. IMO, that could take years, so I'm not playing the outrageous premium game. This is yet another reason for calling my silver stack complete and moving on to gold myself. Actually, I was buying both metals from 2013 through 2019 when I stopped buying silver, except for a few things that I find very attractive and purchased from good friends. As to cash, I really like cash because I also am a stock investor and holding some cash allows me to use cash instead of selling reduced value shares in a market drop or when I need some extra cash for expenses, especially the unexpected kind. I've made good money in the stock market, especially on drops like we had back in March of 2020 and holding cash meant that I did not have to sell anything to raise it. Without cash in hand, I have to allow the market to decide my financial future. That works sometimes but more often it doesn't. Same with metals. With cash in hand, I can buy the dips at any time, rather than just when I have saved up some cash. But the bottom line is for all of us to do what's best for us, so as long as we all stick to that, we'll be fine. Cheers. 🙂
@JDre-ox2hu
@JDre-ox2hu Жыл бұрын
Spot on, silver for me at this point is an impulse buy of a coin or two in the coin shop or a gift idea for anyone wondering what to get me for my birthday… after all there’s no premium on gifted silver 🙂🍻
@2is1gold
@2is1gold Жыл бұрын
Ha, true!
@MrJagman1987
@MrJagman1987 Жыл бұрын
I like Both. I stacked Silver till I ran out of space..now shifted back to Gold. I never sell anything so doesn't really matter to me the price swings.
@thedudeabides1445
@thedudeabides1445 Жыл бұрын
I kinda think silver is cheap because of the crazy increase in copper mining, where silver is a by-product. At least that's a big part of the reason.
@2is1gold
@2is1gold Жыл бұрын
I think it’s cheap too.
@MrDavidknigge
@MrDavidknigge Жыл бұрын
But isn't there a net annual reduction in silver with more taken out for use than is extracted via mining? I would think that factor alone would result in higher prices what with demand being greater than supply.
@thedudeabides1445
@thedudeabides1445 Жыл бұрын
@@MrDavidknigge That's a good point. Just because production has increased and is cheaper, demand still out does the supply, so the price should increase. So yeah, I don't what's going on.
@InappropriateShorts
@InappropriateShorts Жыл бұрын
I think it’s cheep because it’s for noobs and brokies. Silver is great training wheels but you don’t want to lug around a safe full of silver. It’s bananas
@steviechampagne
@steviechampagne Жыл бұрын
@@InappropriateShortsyeah but isn’t the whole point of buying silver right now is because it is undervalued? the ratio of silver to gold should be much lower so eventually the ratio will correct and silver will rise in price eh?
@blackmetalmatters9101
@blackmetalmatters9101 Жыл бұрын
Not one of these YT videos even touches on the real reason to stack silver: Werewolves.
@2is1gold
@2is1gold Жыл бұрын
People should be WAY more concerned.
@joethebassplayer
@joethebassplayer Жыл бұрын
I've been selling off my Silver that I purchased 2018-2020 and converting to Gold, Platinum & Property and have done very well... I am doing a big move in the next 6-8 months and hope to get my silver down farther just so I do not have to physically move all of it... I'm really hoping for a jump up to $30+/ozt in the next few months but I also hear people in hell want ice-water so we'll see...
@2is1gold
@2is1gold Жыл бұрын
Nice!!
@csukosd
@csukosd Жыл бұрын
For me both gold and silver are just great tricks for savings. I been fighting compulsion issues all my life. I make good money but I would just spend it for no reason. This allows me to exchange money for money lol. I have no desire to sell my stack (Short Term). I am glad you kind of touched on this topic in the video. I don't even mind paying some premiums from time to time. As I would have wasted the money other wise. I buy what I can afford and right now that's silver. I have some gold but not much. I will be diving more into gold when I can over a several year period.
@2is1gold
@2is1gold Жыл бұрын
Definitely a great way to spend discretionary cash. Maybe the best. Cheers!
@royharris7135
@royharris7135 Жыл бұрын
So true im only at it this year, if i left that money in the bank i would spend it,buying bullion every month instead i wont just spending money to buy something similar which i wont cash in not at an time soon anyway happy stacking.😊
@csukosd
@csukosd Жыл бұрын
@@DrSchor ADHD, depression , and just things I am still going to counseling for. This is a win for me at the moment. I have a long road to get back to who I was. This is a win. For me and the stacking community has been rather supportive. Baby steps one thing at a time. Learning how to accept my self , forgive myself and be my own best friend.
@csukosd
@csukosd Жыл бұрын
In short taking bad behavior and using it to an advantage.
@royharris7135
@royharris7135 Жыл бұрын
@@csukosd best of luck with all that like you said baby steps, one day at a time 👍
@dallaspowell2457
@dallaspowell2457 Жыл бұрын
I like buying silver because I can buy way more ounces for my money and accumulate for the future but now that I have a stockpile of silver I think I will start buying some gold.
@brusea13
@brusea13 Жыл бұрын
Always insightful Always balanced, thanks.
@2is1gold
@2is1gold Жыл бұрын
Thank you!
@shafserious2805
@shafserious2805 Жыл бұрын
Also the best appreciation has been in Rolex sports watches.
@2is1gold
@2is1gold Жыл бұрын
They’re tough to get a hold of which is what makes them hold their value. Kind of a catch 22 for making any profit at scale. I’d like to pick one up at some point all the same. Cheers!
@chrisinvirginia
@chrisinvirginia Жыл бұрын
For me it's mostly budget, timing, and a little OCD. I have this weird thing about wanting everything in full tubes. It just bothers me to have 12 out of 20 or 25 pieces in a tube. I gotta fill it asap or buy a full tube. Having said that, it took me almost a year to fill my 1/10th ounce gold tube, and I have two pieces left remaining on a 1/4 gold tube I started 2 years ago. The 1 oz gold pieces I have were primarily acquired by taking advantage of the GSR and silver premiums when they were high. The purchase of fractional gold definitely tightens up the percentages in your equation.
@markgotschall2914
@markgotschall2914 Жыл бұрын
Bought a bulk of my silver and gold in the mid 1990's, Silver Eagles were $6.50/ea, pre 33 Double Eagles were under $400/ea. Stopped buying silver after I couldn't buy for $20/oz out the door, buying more gold now.
@ejkalegal3145
@ejkalegal3145 Жыл бұрын
An illogical argument, as gold has gone up in price much more compared to silver since the 1990s.......
@markgotschall2914
@markgotschall2914 Жыл бұрын
@@ejkalegal3145 Gold doubling is better than Silver doubling for me, I have a lot of silver.
@SilverBritches
@SilverBritches Жыл бұрын
Here comes the pitchfork and lanterns.
@2is1gold
@2is1gold Жыл бұрын
YOU DARE TO CHALLENGE SILVER?! 🔥😄
@WorldMoneyWins
@WorldMoneyWins Жыл бұрын
Math... Math is hard.....
@2is1gold
@2is1gold Жыл бұрын
1 + 1 = 1 😉
@kaynefryday6637
@kaynefryday6637 Жыл бұрын
Obviously just look at the banks struggling with the concept 😂
@WorldMoneyWins
@WorldMoneyWins Жыл бұрын
@@kaynefryday6637 zing!!! So true!
@aerok4880
@aerok4880 Жыл бұрын
I enjoy seeing people using coins as their avatar.
@unaffiliated_x9279
@unaffiliated_x9279 Жыл бұрын
​@@2is1gold2 is 1...make that math work 😅
@x2dab184
@x2dab184 Жыл бұрын
I'm a fan of silver pieces. The styles, coins, rounds and pieces are usually very creative. I wish I could get these intricate silver pieces in gold
@InappropriateShorts
@InappropriateShorts Жыл бұрын
You can. Or yo can make your own. Although my gold pieces are more varied than my gold pieces
@unaffiliated_x9279
@unaffiliated_x9279 Жыл бұрын
Jewelry
@Motherlodemetals
@Motherlodemetals Жыл бұрын
Solid info, the savings aspect, the buying buzz and the hedge against a poor greenback are all the best reasons. The buy is what’s important and why premiums are worth paying attention too.
@TwitchRadio
@TwitchRadio Жыл бұрын
Silver's not going to make anyone rich, but if your patient enough I still believe it will be worth it in about 10 years from now.... after listening to this video made me start thinking, how much have I made so far since I started buying.... I started stacking about two decades ago, 2004.... and I never really had a consistent by until 2014.. but every year since 2004 I did put about $3,000 worth of my taxes towards it every year and $200 cash every other month ( when I wasn't deployed)... and took a few breaks here and there.... Mmmm.... Looking at the numbers of silver and gold together..... Since 2004, I'm up about 37 to 40%.... Not too bad😂.... if you factor in Platinum😮, well, it actually brings it down a bit to 19 - 22%... always had high hopes for platinum but I got caught up into fomo with that... lesson learned😂..... anyways thought I would share and help KZbin algorithm😎✌️
@2is1gold
@2is1gold Жыл бұрын
Thanks for the perspective 🤜🤛
@drxray21
@drxray21 Жыл бұрын
I've been mostly buying gold for the last year. I was able to get a tube of American Silver Eagles recently for 600 dollars. That's 30 bucks per coin. That was a 20% premium based on the spot price when I bought it.
@chanceberg832
@chanceberg832 Жыл бұрын
Well done Silver will climb more the next few years
@christophermccormick8670
@christophermccormick8670 Жыл бұрын
Math is Truth when the data is detached from speculation. Well done! Cheers🥃
@2is1gold
@2is1gold Жыл бұрын
Cheers! 🥃
@bobandmaryw4336
@bobandmaryw4336 Жыл бұрын
His Math, zoom’s by a bit quick for me. 😂
@ejkalegal3145
@ejkalegal3145 Жыл бұрын
MATHS
@christophermccormick8670
@christophermccormick8670 Жыл бұрын
@@bobandmaryw4336 it’s ok to put the video on a loop until you can jot down the numbers and fact check it.
@aerok4880
@aerok4880 Жыл бұрын
Gold is insurance - silver is speculation, and I do both. GSR coming back to 1:
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@natemr4482
@natemr4482 Жыл бұрын
Nice stack brother thanks for the info have a great weekend 🥃🥃🥃🥃
@2is1gold
@2is1gold Жыл бұрын
Thanks Nate! 🥃
@wda-59-14
@wda-59-14 Жыл бұрын
As others have said, silver is for fun. Building two "treasure chests" for my grandsons: take a Pelican 1150, add a tube of Zombucks with each new release, and finish cubing it out with Sunshine Mint bars...should total 250 ounces each in a few years...and don't forget the sunshine mint decoder lens, those are fun too.
@markh1324
@markh1324 Жыл бұрын
As a relatively new stacker I have spent almost as much on silver as on gold. It seems that I had been been focused a lot more on silver. But during the last month or two I decided to try to be patient and save a bit more to make regular gold purchases (mostly fractional) and forego any more silver purchases. But then the Perth Mint came out with the new dragon coin bars and - oh well…., there’s always next month.
@2is1gold
@2is1gold Жыл бұрын
Ha, the struggle is real.
@dogwklr
@dogwklr Жыл бұрын
Just shut up and get more shiny 😂😂 Every new piece feels so good. Then that subsides and you search foe rhe next chunk
@joemama69448
@joemama69448 Жыл бұрын
Unit price is certainly part of it, I also just like the way it looks. Nice and shiny!
@BoBear79
@BoBear79 10 ай бұрын
Start time is critical related to returns in every asset class. Thanks for continuing to ask the important questions....
@david.9633
@david.9633 3 ай бұрын
Informative episode, thank you.
@iamnotarobot2378
@iamnotarobot2378 Жыл бұрын
For me silver was the gateway metal and my rule of thumb is to stack the current gold to silver ratio. So at the moment one ounce gold for every 80 silver. I'm lucky to have very close access to Perth mint (40 minutes drive).
@davidylyl01
@davidylyl01 Жыл бұрын
Well done as usual, 2. I like diversification, across asset classes, and WITHIN asset classes. Au bars: TOO concentrated and not as liquid (but I HAD to get a few of the hologram bars because there's SO cool looking). Au coins: Very portable, best for long-term storage of wealth, good liquidity for higher value exchanges. Along with real estate, considered a generational asset. Ag bars: 2nd best for long term; not very portable, but higher potential upside due to industrial demands (IMHO). Ag coins: Highest liquidity, best for the low probability SHTF scenario (but I like to plan for everything). Oh! And some things just for my own enjoyment, like those hologram bars. 😊 If I'm not having fun then I'm doing it wrong!
@2is1gold
@2is1gold Жыл бұрын
I can definitely see all that. Different tools for different schools. Cheers!
@mauriceorayii2964
@mauriceorayii2964 Жыл бұрын
My decision to trade for silver, buy silver, buy gold or trade for gold is directly tied to the kitko GSR. Yes, I admit that I have some guilty pleasures, but I'm trying to get into a framework where price is far less relevant than relative value. And I'm learning to be patient enough to make the right moves. If I sat on only one or the other forever, I have no idea which one would do better, I just work on a "number line" between 100:1 to 50:1.
@rd9102
@rd9102 Жыл бұрын
Great video. It's not that Gold is better or Silver is better, either one has their place and uses and they both do a good job in what they are for. What it IS about, is that BOTH Gold and Silver ARE real money and hard assets with intrinsic value in owning them...as opposed to Fiat which has none of those. Holding Gold and Silver is akin to owning a house or owning artwork or owning fine whine or whatever other hard asset you can think of and just by owning it you have the value of it for the future. To contrast that the fiat you buy with it today will be worth variably less (by design) over time, that's just a fact. And THAT is the reason to own Gold and Silver, not to compare the two and try to figure out which one is "better". That is an individual subjective decision and not a universal truth as to which one is "better". One thing that i do find about Silver that i have never heard about Gold but it does shock me every time i see it. When the price of silver goes down, it seems my LCS's fill up and talking to them they tell me when price drops folks tend to sell and they get to restock inventory (which makes me happy)...that shocked me. The way i view it is that i put a constant amount in and when the price goes down then how much i buy goes up, i mean it's basically a sale price. Don't see that at all with Gold.
@TimeOrDistance
@TimeOrDistance Жыл бұрын
Good insight Thanks for your thoughts...saving in metals means not spending in wasteful ways. Best to watch the premiums as if one over pays it is also wasteful
@2is1gold
@2is1gold Жыл бұрын
Cheers!
@nrwalsh
@nrwalsh 3 ай бұрын
I try to buy dips in either metal, but my goal is to wind up with a 50/50 split 10 years from now...either way, I think we can all agree that RCM bar looks awesome on camera
@andrewgalla5
@andrewgalla5 Жыл бұрын
Love the videos. I want to recommend that you do a recap at the end of your videos of all the key points. This is said to help the audience remember everything better. Appreciate you fr tho
@LD_Tush
@LD_Tush Жыл бұрын
Once again, great video. I was bullish on silver over gold. Today, its the opposite. I still stack silver maples, bars, and eagles when the price is right, but gold is my baby. I shoot for 1 oz US gold coin but there is absolutely nothing wrong with fractional (mostly 1/4 oz) and pre-33 as well. Thats what works best for me ✌🏻
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@Spatoes
@Spatoes Жыл бұрын
Thank you ! Love listening to your content
@2is1gold
@2is1gold Жыл бұрын
Thanks!
@gregweston277
@gregweston277 Жыл бұрын
Always enjoy your thoughtful, measured, calm vids and I think you are spot on...thank you!
@2is1gold
@2is1gold Жыл бұрын
Thank you!
@TheThreadofLifeInc
@TheThreadofLifeInc Жыл бұрын
I like silver for denomination in the case where I’d actually need to use it for it’s intended purpose. As money..
@dizzywillow2162
@dizzywillow2162 Жыл бұрын
In terms of practicality, AU is by far more practical than AG is for me. I am talking about the selling side. I don't have any LCSs nearby who would buy AG in bulk, so I have to ship it to online brokers. That is a huge problem in terms of shipping cost alone. Not to mention that the AG will have to be inspected and appraised so there is an increase in time to consider. I have quite a bit of both AG and AU, but for the last few years, I have mostly focused on obtaining AU. It is just much easier to store, sell, and it does not blemish - ever.
@2is1gold
@2is1gold Жыл бұрын
Agreed. There are simple practical considerations I didn’t even hit on. You got the big ones. Cheers!
@Stanislaw93
@Stanislaw93 Жыл бұрын
Totally agree. I see the same problems when it comes to dealing with physical silver as you do and see the advantages of sticking to gold instead. I keep a few dozens of silver premium coins like Kookaburras or Koalas, but that's it. After a couple of years, you can easily sell them individually on platforms like eBay at decent prices etc. But if I'd have to buy and keep some big and heavy silver coin tubes, deal with milk spots, then as you said all the shipping problems etc - I'd rather stick to things like Gold Half Sovereigns etc - same £ value, easy to sell, cheap to buy, small denomination (so may sell them in portions, depending on my financial needs), easy to store (and ship) due to their size and weight. No milks etc. Top choice in my opinion.
@23Keith23
@23Keith23 Жыл бұрын
The knowledge you put out on your videos seems like it would take for ever to learn. Glad you're doing it for me ha
@2is1gold
@2is1gold Жыл бұрын
15 year hobby. 🤜🤛
@livinthedream7714
@livinthedream7714 Жыл бұрын
Excellent shit
@2is1gold
@2is1gold Жыл бұрын
🤜💥🤛
@rodgerjohnson3375
@rodgerjohnson3375 Жыл бұрын
One word: Gold
@TheQuickSilver101
@TheQuickSilver101 Жыл бұрын
I bought a lot more silver years ago when premiums were lower. I love the look of it and I wish the premiums made me feel like I could buy more. Sometimes I can find a deal and when I do I pounce. Mostly I'm now just buying silver for the pretty coins and I'm ok with that. Thanks!
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@BCFL69
@BCFL69 Жыл бұрын
I think silver will climb dramatically over the next year or two because the dollar has been so devalued and just keeping going down. If gold goes to 3k silvers gotta climb past $50. You can’t afford to pay companies to mine it for current spot price, minimum wage goes up, housing costs, food etc. this will impact silver prices. Can’t avoid it. We’ve seen 20% inflation in the past 4 years.. if they keep doing that we will see silver rise.
@edb3877
@edb3877 Жыл бұрын
I like silver quite a lot and for me, it's a good place to stash some of my wealth. I like that its entry point is low so I can buy regularly without the $2,000 per coin shock price. Because it can be stacked regularly, it helps reinforce my desire to stack and to build a large stack. All that said, I haven't bought any silver since 2019, other than some Morgans I got from a good friend. Part of this is due to the fact that I considered my silver stack to be completed in 2019. But I am still buying gold because I have a goal that I want to achieve for my gold stack and for that, I need another 30 ozs. No, this is not out of reach because I still have that jumbo CD coming off its maturity date in early August. So, I continue to stack gold, have about 75% in 1-oz. coins and the rest in fractional gold, both 1/2 oz. and 1/4 oz. Gold Britannias were a really good buy about 6-8 months ago, with the premium for those 1/4 oz. coins being only slightly higher than for the full 1-oz. coins. Since then, however, premiums have widened somewhat and they are less of a good deal. But gold premiums are still reasonable in the 5-6% range for 1-oz. coins. I just ordered 3 more 1-oz. gold Maples, which is a nice addition to the stack. I'd sure like to see a substantial price pull-back in the next few weeks, though. That would be really good. 😀
@2is1gold
@2is1gold Жыл бұрын
I’d like to see that pullback too. But ALSO, I’d kind of enjoy a price run for a bit to show what it can do. Cheers!
@edb3877
@edb3877 Жыл бұрын
@@2is1gold I'm holding back on the price run until AFTER I have completed my gold stack! 🤣 🤣 🤣
@pilgrim7779
@pilgrim7779 Жыл бұрын
The biggest problem that I see with ASE's is the amount of high quality fakes currently coming over from China. I see them advertised everywhere on social media and currently there are about a dozen sellers on Ebay selling them for around $25-27/each. Unsuspecting consumers are then flipping these for quick profits and so the market is getting flooded with these things from many different avenues. My fear is that if this isn't addressed soon consumer confidence will start to dwindle and the price will follow.
@superstar5123
@superstar5123 Жыл бұрын
apmex or jmbullion
@tsparc2
@tsparc2 Жыл бұрын
The problem with sliver content on KZbin is that it has the same energy as crypto shitcoin videos - it's not about wealth preservation but rather getting rich quick. Much of it is aimed at younger audiences and people who are financially illiterate without much money in the first place
@2is1gold
@2is1gold Жыл бұрын
I think it’s similar to the old crypto ways too. The audience wants to hear it, so it’s a crazy feedback loop encouraging crazier and crazier stories.
@victoriaoshea4865
@victoriaoshea4865 Жыл бұрын
Thank you
@floridastacker
@floridastacker Жыл бұрын
I always enjoy your perspectives. I find 100 ounce bars pretty competitive with 1 oz gold in premiums. It matters much less about who produced it at that size.
@2is1gold
@2is1gold Жыл бұрын
Thanks Florida! Those 100 oz bricks are crazy. I can’t imagine throwing a few in a ruck and hitting the road. 😄 Have you ever sold any?
@floridastacker
@floridastacker Жыл бұрын
@@2is1gold never. I only have one. The 100oz Britannia and I paid too much for it. Great conversation piece 😆
@floridastacker
@floridastacker Жыл бұрын
@2is1gold haha yes for travel go gold!
@superdutyohv3401
@superdutyohv3401 Жыл бұрын
I’ve recently increased my monthly Silver plan from 12oz to 16oz. It just seems to be on sale right now in the grand scheme of things..I think if it were to 2-3x I would try to sell most of it and convert to Gold…despite the premiums I think everyone should strive for a tube of silver eagles 🦅
@Jdjr41
@Jdjr41 Жыл бұрын
Thanks for keeping it real, sir 👊
@2is1gold
@2is1gold Жыл бұрын
👊
@nancymontplaisir3467
@nancymontplaisir3467 Жыл бұрын
Very nice I remember your 2020 video & started Gold after seeing how much room it saved . Now I'm going to have to go in & look at the Eagle tubes for milk spot's. The Gold got Air-tite Capsules in roll's from your link below . Thanks' for the number's Have a great weekend
@2is1gold
@2is1gold Жыл бұрын
Thank you - you too!
@ptaeiy
@ptaeiy Жыл бұрын
Bought a whole lot of silver and gold in 2020 due to fear of economic collapse. I am ahead on ALL of those buys. Sold lots of ASE for some tidy profit even though I bought them at $28 plus in 2021, because of the crazy buy and sell premiums last year. I am still underwater with the silver Maples though. When I do buy again, I have a clear number for what I'd pay for silver and gold in my mind. That way I don't care what the premiums and spots are doing at any given moment. Got me some substantial 'cheap' silver and gold Sept last year. I am WAY ahead on those buys. I will wait patiently for the next buying opportunity. In the mean time I'll stack fiat. There are so many advantages to this buy at the deep dip strategy vs doing something like DCA when buying precious metals. Maybe you can do a video comparing these different strategies. P/S: I've had occasions where I could get as low as a 2.5% buy premium on silver that I didn't snatch up just because it's still ABOVE my target price. Focusing just on the premium, or spot price only, is a mistake in my mind. Figure out what's a reasonable silver/gold value is, based on their values overtime, and focusing on those numbers only when buying is the way to go for me.
@selectedsilversire7208
@selectedsilversire7208 Жыл бұрын
I agree 💯. Exactly what I do
@peterstewart3806
@peterstewart3806 Жыл бұрын
Anytime 2 is 1 calls the baby ugly, I have to listen twice!
@2is1gold
@2is1gold Жыл бұрын
😂
@72cmcinc
@72cmcinc Жыл бұрын
Solid point and broken down really well, really appreciate you keeping it real! So much FOMO and fakes out there. Generally it will always be gold for me, but I do like some silver, plus it is easier to pull out a few hundred instead of stacks of hundreds : )
@2is1gold
@2is1gold Жыл бұрын
Definitely true. Cheers!
@rustyshackleford2719
@rustyshackleford2719 Жыл бұрын
Silver is enjoyable in a goofy way that gold isn't. Silver is needed to make the hobby more lighthearted. Gold is the sun and silver is the moon. I like to have some gold by my side during the day but at night it's always a favorite silver piece that I have by my side. Both are beautiful in their own way. I think the possible lottery ticket element to silver gives it a dreamy romantic side. Silver was my gateway drug to gold and will always be my first love. I love silver because she is so mercilessly unloved.
@2is1gold
@2is1gold Жыл бұрын
She is also ruthlessly defended. 😄
@miguelon1995
@miguelon1995 Жыл бұрын
#Gold & #Silver to the 🌕 baby 💪🏽 strap on 🚀
@emp731
@emp731 Жыл бұрын
The manipulation of the silver price to keep the little man down vs the FACT it is being consumed...These two must meet .
@kjerome4533
@kjerome4533 Жыл бұрын
I love gold but it's like investing in companies I need to find what my money can buy a lot of but if i ever get the right amount I'll be after all the gold i çan buy for now it's silver love your videos they're always smart and interesting.
@GenXcollectible
@GenXcollectible Жыл бұрын
Selective with silver for items I like. Weight and storage is an issue with stacking it, hence why I prefer to stack the other PM.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@Crispy640
@Crispy640 3 ай бұрын
Dollar came from the word 'thal' german for valley, where it was mined, they called them thallers, in english; dollars. A days pay used to be a thaller. Not so much now. 15 ounces of gold could get a model t ford in the 20s(entry level car), and still today 15 oz gets a base model car.
@23Keith23
@23Keith23 Жыл бұрын
Silver is the gateway metal for sure. I got up to 80+ oz silver and now I just want gold. I enjoy junk silver though just kinda rare to buy
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@DavetheTrader420
@DavetheTrader420 Жыл бұрын
Love seeing this channel grow!!, any chance you could talk about gold to silver ratios? A lot of confusion my end
@2is1gold
@2is1gold Жыл бұрын
I’ll put it on the list. To do it, it probably needs some digging into some charts so I’m not just giving my opinion (which is that it isn’t a good indicator). Cheers!
@maskedninja7658
@maskedninja7658 Жыл бұрын
I agree with you! 💯
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@brucemullis479
@brucemullis479 Жыл бұрын
The Liberty in the middle is my favorite. I know it's expensive .
@2is1gold
@2is1gold Жыл бұрын
Every other year the Mint proves they can still get it done. 🤩
@AnxiousStacker
@AnxiousStacker Жыл бұрын
I like and stack both. Gold for its stability, silver for its upside potential and i think its smart to diversify. My base weight goals are 1k ozs silver and 100 ozs of gold and far from the gold goal but halfway to the silver goal. That being said, even if i reach those goals ill just extend them and keep on stacking ad long as i can afford them. Consistency is key. DCA is the way to go, in my book anyway. Great level headed video as always 2 is 1
@yedidyah-jedshlomoh1533
@yedidyah-jedshlomoh1533 Жыл бұрын
In 1933, gold closed at $32.32. In 1933, gold closed at 25 cents. I am happy with Ether for holding value. At 7 years old I could afford Silver, not gold. I like holding ether in my hand.
@tronziebit
@tronziebit Жыл бұрын
Why just not save the money until you can afford to buy gold?
@yedidyah-jedshlomoh1533
@yedidyah-jedshlomoh1533 Жыл бұрын
@@tronziebit I checked my parent's change when I was 7 years old and pulled the silver and old cons out and gave them the same value. Not practical then.
@cale971
@cale971 Жыл бұрын
Silver and Gold is like a war between Mac and Windows. haha
@2is1gold
@2is1gold Жыл бұрын
Ha!
@curtfromcanada6988
@curtfromcanada6988 Жыл бұрын
I do believe that silver price is being suppressed so we don't price solar panels out of production. I see up sides to both gold and silver. If GS/ratio spikes to 120, sell some gold and buy some silver. If the GS/ratio spikes down to 60 sell some silver and buy more gold.
@UrsaMinor2010
@UrsaMinor2010 Жыл бұрын
Good stuff.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@ericneil6639
@ericneil6639 Жыл бұрын
One thing you are not taking into account is when the gold to silver ratio drops below 60, everyone who has physical silver will be able to convert to gold and end up with a higher overall return on investment than someone who invested the exact same amount of money in gold instead of silver.
@2is1gold
@2is1gold Жыл бұрын
I stuck to the facts. The ratio “dropping below 60” is a hope, not a fact. A ratio will continue to fluctuate, but lots of assets could work that way. If you’re in silver to flip into gold, there might be much easier ways to do it. 🤷
@NorthDakotaWrestler2
@NorthDakotaWrestler2 Жыл бұрын
I bought eagles for 12 over spot at a coin shop. 2 months later I seen JM bullion buying eagles for 11 over spot. 1 month later at the same coin shop I bought them from said demand was down and he could not sell eagles. And he offered me spot. That was between December last year and the first quarter this year.
@victoriaoshea4865
@victoriaoshea4865 Жыл бұрын
Logical objective perspective
@juliusstriker4465
@juliusstriker4465 Жыл бұрын
Big agree
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@hangfire6368
@hangfire6368 Жыл бұрын
I'm close to finishing a silver maple monster box, then I'll start on a gold maple monster box ;-)
@2is1gold
@2is1gold Жыл бұрын
Wow, 💪🤩
@danielcaissie1207
@danielcaissie1207 Жыл бұрын
I have alot of silver but I would rather have gold ✨️ 💛 Once the ratio gets better I will trade my silver for gold
@HJuice23
@HJuice23 Жыл бұрын
You mention silver potentially being a lottery ticket, I personally think that’s Platinum. Look at the charts, so undervalued, and the issues in South Africa don’t make the situation any better. I’m betting on Platinum as my lotto ticket lol. Silver will go up no doubt, it follows Gold.
@stompinknowledge3968
@stompinknowledge3968 Жыл бұрын
Juice, tell us more of your thinking. I'm torn between gold and platinum. Keen to hear your rationale!
@HJuice23
@HJuice23 Жыл бұрын
@@stompinknowledge3968 buy both, Gold is for protecting your wealth while Platinum will be to grow your wealth, assuming it increases in value to to constraints. Silver imo is used when you don’t want to liquidate a piece of gold due to its higher value. So a trifecta of all 3 metals is ideal. But if I had to only select 2 it would be Gold & Platinum. If I’m worried about liquidating a full oz of good for a small purchase, then I’d just make sure to have some fractional Gold. But Platinum being half the price of gold when it’s been twice as much doesn’t sit right with me, there’s a forecasted 1M deficit this year for platinum & only going to increase due to the amount of time it takes to bring a mine online. And platinum is really starting to become a green metal, it’s needed for Hydrogen. This is why I’m betting on platinum as my lottery ticket
@2is1gold
@2is1gold Жыл бұрын
SDBullion has a deal where if you buy a platinum Britannia, you can get a gold Britannia at spot. I’m kicking it around.
@royharris7135
@royharris7135 Жыл бұрын
​@@2is1goldi was looking into getting all four over the course of the year probaly 6 monthly purchases of gold and 2 monthly of silver,platatium,palladium every year going forward the vat on the last three are the only negative when it comes to buying those, saying that gold with no vat is the most expensive of all four by a very long way 🤷
@caryboren2051
@caryboren2051 Жыл бұрын
Good video dude, A+
@2is1gold
@2is1gold Жыл бұрын
Thank you!
@Handle_number_7
@Handle_number_7 Жыл бұрын
"Some people think I'm calling the baby ugly" "Silver is magical"(something to that effect) I better not eat while I'm watching your videos. I just about inhaled my cereal with laughter 🤣 I sway toward the silver side, but your take is very interesting. As a coin collector and moderate stacker, I would love to see the eagle premiums come down at least a little more. I wish people would stop buying the damned things for a couple weeks. Could you imagine? lol
@2is1gold
@2is1gold Жыл бұрын
Ha, yeah. Ironically, I just got a deal locally on ASEs. I have to swing by and pick them up. We’ll see if they’re milky! 😂
@hokeyguy
@hokeyguy Жыл бұрын
Majority of my silver was in the .25 to .35 maybe .40 premium range
@belowgradestudio
@belowgradestudio 11 ай бұрын
Silver to gold is like stocks in brokerage to etfs in Roth in my head eh
@CashAndCoinsYT
@CashAndCoinsYT Жыл бұрын
Honesty can be painful
@2is1gold
@2is1gold Жыл бұрын
What doesn’t kill you only makes you stronger! 😂
@forestanderson3267
@forestanderson3267 Жыл бұрын
Silver should never be used as an investment only as a savings
@bryantorres1011
@bryantorres1011 Жыл бұрын
Or if it is viewed as investment only for long term 5years or more
@bsteinman8642
@bsteinman8642 Жыл бұрын
Ditto, to many people talking about the sky is falling. If it is good luck. Silver and gold are a good way to save.
@2is1gold
@2is1gold Жыл бұрын
Yep, the Chicken Little topics are ridiculous. 😄
@vacantlandportfolio
@vacantlandportfolio Жыл бұрын
Just checked on the premiums. For 10 oz bars about 12% at Sd, for generic rounds about 11%. For gold, premiums around 6 to 7%. So I get the point on premiums. The play to beat the premiums on silver is buy PSLV instead of physical on the waterfall silver price declines. Then switch into bars and coins after the price rise when premiums generally come down.
@deanthroop8054
@deanthroop8054 Жыл бұрын
Always enjoy your content, one of the few pillars keeping the sky where it belongs. :) I understand the unit price, easier to get in and buy a bit of silver than a bit of gold, but in my state, the tax treatment helps me be more patient. Currently have to spend over $2k to avoid sales tax and a written record. Otherwise, I am all in on copper. It is the metal of the future, going to the moon and back. So efficient to buy and hold too. I am actually quite disappointed not to see any copper bars on your desk. ;) Lol
@2is1gold
@2is1gold Жыл бұрын
Copper and lithium to tha moon! 🚀😄
@michaelbagnall5288
@michaelbagnall5288 Жыл бұрын
I like silver. I like how it looks. I like the weight. I like how it feels..... I don't like what it costs. And what it costs isn't worth the tangible feeling of having "more" even though that more is worth.... well.... not more.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@adultingwithnudo9484
@adultingwithnudo9484 Жыл бұрын
I'm actually quite fortunate when it came to silver. I didn't get interested in it until 2013. Better to be lucky than good.
@2is1gold
@2is1gold Жыл бұрын
Good timing there.
@adultingwithnudo9484
@adultingwithnudo9484 Жыл бұрын
@@2is1gold I remember buying Morgans at $13 a coin. I don't think I can lose on that one.
@babtech
@babtech Жыл бұрын
I can afford silver. I can’t afford gold. :(
@GonzoJamie
@GonzoJamie Жыл бұрын
Silver is for paupers - Gold is for kings
@markgotschall2914
@markgotschall2914 Жыл бұрын
And debt is for slaves.
@GonzoJamie
@GonzoJamie Жыл бұрын
@@markgotschall2914 hear hear! Here’s to debt free club 👑
@davidj.schroit9743
@davidj.schroit9743 Жыл бұрын
I love both. But gold takes up so much less space. Easy to get 24k Canadian. Thanks for the video. I have trouble explaining metals to my family but I’m not confused
@frankdisilvio9131
@frankdisilvio9131 Жыл бұрын
I think silver has alot of potential for investment value upside.
@Scott11B
@Scott11B Жыл бұрын
Haven't touched silver since 2017 I did load up at the time. Storage space is an issue so only gold now.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
Best Gold Coins - Everything You Need To Know - UPDATED
17:30
Идеально повторил? Хотите вторую часть?
00:13
⚡️КАН АНДРЕЙ⚡️
Рет қаралды 17 МЛН
Jumping off balcony pulls her tooth! 🫣🦷
01:00
Justin Flom
Рет қаралды 35 МЛН
WORLD'S SHORTEST WOMAN
00:58
Stokes Twins
Рет қаралды 181 МЛН
Gold Coin Winners and Losers - Which is the Best Deal?
12:22
Is Buying Gold and Silver Worth It? 16 Years and Counting
11:28
Gold - How to Plan for the Long Term
14:14
2 is 1
Рет қаралды 22 М.
World Record Attempt Finale!
Delivrd
Рет қаралды 309
Who Will Buy Your Gold at $5,000/oz?
14:28
2 is 1
Рет қаралды 83 М.
Starting Over with No Gold, Here is What I'm Buying
9:49
2 is 1
Рет қаралды 52 М.
Gold and Silver in a Financial Crash
15:14
2 is 1
Рет қаралды 48 М.
Everything You've Been Told About Gold and Silver is Wrong
11:35
Идеально повторил? Хотите вторую часть?
00:13
⚡️КАН АНДРЕЙ⚡️
Рет қаралды 17 МЛН