🔥 If you're new to the channel and want to jump to a video about gold, here's a starter (or a starter over) for you: kzbin.info/www/bejne/rHTIpKyOe9Sdn7M
@MetalBum Жыл бұрын
Love the stories thanks
@leejacksondev2 жыл бұрын
I've been stacking Silver as my "long-term savings account". No expectation of shooting the moon, just hoping that it means my savings over the years will beat inflation at a minimum. Started stacking Gold also :), same reason and expectation.
@Russiansnow3 жыл бұрын
Everyone thinks their thing is the hot asset. Gold is God’s money, silver has potential, bitcoin decentralizes currency and could tank the banks. End of the day diversify. Have a hand in everything.
@2is1gold3 жыл бұрын
Yep. Diversify! ✊
@lamarravery40943 жыл бұрын
Cryptos isn't real money. It shouldn't be valuable either.
@bunymustard25843 жыл бұрын
Beanie Babies shall rise again...🤫
@jbell72323 жыл бұрын
@@bunymustard2584 oooh, please not that one again. My little ones ripped the tags off instantly .... 🙄 But, yes! Diversify!!!
@rogerm37083 жыл бұрын
I keep extra cash to buy the dips in stocks, commodities and digital. Moving targets are harder to hit
@rjim13 жыл бұрын
After watching your vids I feel like I've spoken to a therapist and that we've hashed out all of my stupid and ill thought out plans so I can go forward without making any (more) mistakes, or at least minimise them and try to make level headed decisions on an investment strategy that can very easily become fruitless with the wrong moves. Clear, consistent and concise advice as always, mate. Bravo!
@2is1gold3 жыл бұрын
Thank you. Your comments are always so positive. It's clear you're a great human. Cheers!
@rjim13 жыл бұрын
@@2is1gold you're more than welcome and you've genuinely helped me on my quest and that is my ultimate goal, being a good human I mean so I appreciate you saying that! Cheers! 😊
@WW-on6bo Жыл бұрын
I’m still trying to understand the buy philosophy on gold v silver and allocations. Any episodes you recommend. Thank you. I really enjoy your wisdom on store of value.
@jayb.8460 Жыл бұрын
He just wants all the silver and gold to himself. Lol jk😂
@joeboucher69113 жыл бұрын
What I hear today from you is more valuable than all the noise I hear everywhere else thank you.
@2is1gold3 жыл бұрын
Appreciate that. Cheers!
@SalivateMetal3 жыл бұрын
Yes sir. It's about long term holding and smart dollar cost averaging. Being realistic about silver's performance is key. Great vid.
@2is1gold3 жыл бұрын
Thanks Sal!
@liquidstacker87813 жыл бұрын
I have plenty of silver and wouldn't mind trading some of it for gold but I also gotta agree with Florida Stacker on his "Castle walls" reference, where cash protects my silver and silver protects my gold.
@vmsilva773 жыл бұрын
Which video is this on?
@2is1gold3 жыл бұрын
That's a good analogy!
@liquidstacker87813 жыл бұрын
@@vmsilva77 it was a video he put out a month or so ago. I'll have to go through his earlier videos to find it so it might take some time.
@cutlerylover3 жыл бұрын
I have preferred silver more for many eyars now because of the phycological feeling surrounding it, holding one gold coin is cool but holding 100 ozt of silver coins just feels like an accomplishment of wealth and savings, bulk silver is very rewarding for the small guys who cant afford to have a collection of gold coins...Although once you accumulate substantial silver its a good idea to start converting some of it to gold...For practical reasons for storage and transportation...As well as variety, you see people who buy gold on every corner but never see signs we buy silver...So gold is arguably more liquid than silver at least in person locally...Factor in the internet and shipping and liquidity goes out the window but sellign costs do go up factoring in shipping...Ive avoided gold for years being a silver guy and making small investments BUT these days focusing WAY more on gold for lots of reasons...I will always LOVE silver and stack it but im sold on gold lol
@2is1gold3 жыл бұрын
I understand the mixed feelings!
@dont.ripfuller65873 жыл бұрын
I stack copper , get a thousand dollar sack of that boo ya
@mrdutchusa70413 жыл бұрын
I have just gotten into precious metals. Part long term investment, part fun. I just wanted to say thanks. You give a different perspective to the subject I enjoy.
@2is1gold3 жыл бұрын
That's great. Thanks for watching!
@ryansimpson30743 жыл бұрын
Well said.
@abdulrahman313503 жыл бұрын
Awesome channel. My personal experience I used to be an alocholi during and after my college years. I spent money in the bars and clubs. Tequila shots, beer, vodka and redbulls, etc etc. You get the picture. I'd rather have 5 ounces of silver in my pocket over alcohol in my system any day. And the contents you give on KZbin keepe me educated, interested and motivated. Thank you so much
@2is1gold3 жыл бұрын
That's great. I agree, it's a great replacement for bad habits. Good to hear you're on that track. The metals add up quick. Cheers!
@affirmed_78353 жыл бұрын
One thing about eagles, yes they're the most valuable and liquid when it's time to sell. But they're also much more expensive when you buy, so it's close to a wash imo, especially when premiums are crazy high like they have been.
@2is1gold3 жыл бұрын
Yeah, worse than a wash at the moment. But I'd fall back on patience, personally, and then average out with low premium bars. Cheers!
@roryross38783 жыл бұрын
That's why you buy when there is no hype and the silver market hasn't been doing anything for a good while.
@NickGuzelian3 жыл бұрын
I stopped stacking silver a few years ago and started on gold. My thing was this: I didn’t feel comfortable holding more silver than I can reasonably carry comfortably in one hand… that happens to be just north of the 500oz mark in a strong lock box (first one broke open when carrying). Kind of an arbitrary stopping point but it’s one I stuck with. Nice video very insightful, and I agree with your points. Side note, I do regret Picking up a few silvertowne poured bars, I wanted to sell a particularly ugly pour (bought from jm bullion) and one local coin shop wanted nothing to do with it, they even acid tested, and still wouldn’t buy it when it passed. They never even heard of silvertowne.
@2is1gold3 жыл бұрын
I'm with you on the portability. 500 oz of silver in a single box seems like the max I'd ever go back to.
@MrKzane Жыл бұрын
Good point. I found that out the hard way too lol
@MrKzane Жыл бұрын
If they hadn't heard of Silvertowne, you were definitely in the wrong shop! Or you were about to get fleeced. If they went as far as acid testing, they were VERY interested, and wanted a nice little payday. Best of luck in the future and God bless!!!
@desertbob3 жыл бұрын
Wise words. Wish you’d put this out 8 months ago lol would have saved me the pain of learning it on my own. ✊ thanks for the content
@2is1gold3 жыл бұрын
Damn. Eight months ago was a bit of a gamble, though. Lots of other things could have gone down instead. Cheers!
@jacobmanalang81623 жыл бұрын
i got kicked in the nuts too
@ascianfashion39452 жыл бұрын
Your comment right now reads written 8 months ago and you are referring to 8 months prior to that. Ironic it says I months ago twice right now. Haha I love it.
@rockchimneyfabrication98383 жыл бұрын
I buy a matching silver coin/bar with every ounce of gold I buy. It makes it fun and fills the silver desire while maintaining the main focus on gold. I buy junk silver just because I think it's cool from a historical standpoint and am working on collecting a tube of each of the major types and denominations. Great video as always!
@2is1gold3 жыл бұрын
Thank you!
@anonymous071985 Жыл бұрын
I'm looking at junk too. Feels like pirate treasure.
@silverrabbit94933 жыл бұрын
Congratulations. Once again, the best Silver video on KZbin comes from a gold guy. Thank you.
@2is1gold3 жыл бұрын
Hey, thank you! Appreciate that! 🐇
@djentaman70093 жыл бұрын
I started stacking strictly silver eagles and got to 60 oz and then switched to gold. For some reason, gold feels more like a real savings to me in that I tend to accumulate with a much more healthy mindset that doesn’t have me going nuts on option paralysis or hysteria that usually surrounds silver (perhaps just my personal perception of it). I still love watching content regarding all things PM’s , though. I just don’t care for fantasizing about a 15:1 ratio. I much prefer to calmly stack and enjoy a beer after a 70 hour work week & live my life.
@2is1gold3 жыл бұрын
Hell yeah. It shouldn't just be about anxiety. There's enough of that already. Have a good weekend!
@delav833 жыл бұрын
I got on board when premiums and spot were fairly high compared to where they are now. Wish I would've started years ago but excited to continue converting my savings into precious metals from now on. I always appreciate your straightforward and logical videos.
@2is1gold3 жыл бұрын
Wish I would’ve started earlier too.universal wish!
@MrCurly393 жыл бұрын
My 29 year old son loves to see his dad buy gold and silver coins, encourages these purchases. What do you think he's thinking?
@2is1gold3 жыл бұрын
@@MrCurly39 Ha!
@bennyduran69603 жыл бұрын
I strongly believe down the road silver will sky rocket. My theory is that they’re driving people away from the prices of eagles because they know this. Just my thoughts idk.
@2is1gold3 жыл бұрын
The premiums wouldn't have anything to do with a "they", though. That's just straight up consumer demand. And the squeeze hype only exacerbated it, unfortunately.
@MikeSmith-ul4iw3 жыл бұрын
How can silver sky rocket when there is tons of raw silver and more being mined every day and new more efficient ways of extracting it ? It’s only minted coins and bars that are in short supply. And that’s because it’s a thin market.
@savvageorge10 ай бұрын
@@MikeSmith-ul4iw Why is it a "thin market" if premiums are so high? You'd assume that silver miners would want to get the best price possible for their silver.
@eman72823 жыл бұрын
I think you did a very good job of capturing many of my poorly executed purchases, based on being vulnerable to social media hype and noise. Buying big on the few massive dips in the last 5 years has kept the silver portion of my portfolio in the black but I’m better prepared mentally these days. “I always appreciate your time...” 👍
@2is1gold3 жыл бұрын
Thanks for watching, E Man!
@elecoloco73183 жыл бұрын
I Was a in another dimension and had to come witness the oddity of a 2is1 silver video. Well done sir. I also stack those sunshine 10’s
@2is1gold3 жыл бұрын
Ha! Welcome to bizarro world!
@timwright35923 жыл бұрын
Having had a coin collection when I was a kid (MANY moons ago), today enjoying collecting silver coins. I have not gotten into bars at this point, but may look closer at them. Very interesting thoughts and ideas today. Thank you.
@2is1gold3 жыл бұрын
Thanks for watching!
@Chiwalker3 жыл бұрын
For me, I buy silver when I've met my savings minimum and I have all my bills paid. I've heard too many "silver stackers" say that we need to "back up the truck" at any price point, even when spot was $28, compared to today like a month later when it's below $24. I buy only coins on sale where the premiums are nocked down. I buy only as an alternative savings and a hedge against inflation and can't wait to be able to meet my 100oz goal and then shift to gold.
@2is1gold3 жыл бұрын
You have a good plan!
@iankilminster22813 жыл бұрын
If we assume the relatively benign economic environment of the past 30 years will continue indefinitely this all makes perfect sense. Just as well that we're not transitioning to an environment of currency debasement, spiraling debt levels, rising current account deficits, challenges to dollar hegemony, rising inflation and reducing freedoms.
@2is1gold3 жыл бұрын
The last 30 years haven’t exactly been utopian.
@iankilminster22813 жыл бұрын
@@2is1gold They have been when compared to the 30 years before them (hyperinflation of the 70s) and the 30 years before them (WW2) and the 30 years before them (WW1, Great depression). What you NEED to hear but may not want to hear is that the next 30 years ain't looking quite as peachy as you'd like everyone to believe.
@benoitbricet88853 жыл бұрын
Also my opinion. I'm from beeing a survivalist or holding a sign with "the end of the world is near" written on it. But we have screwed up on many levels and the moment to repay our wrongdoings is very near.
@rooster50853 жыл бұрын
This is why I subscribe to 2 is 1, an honest opinion 👊 I have nothing to argue 🤔 I’m busy this morning trying to organize all my silver 😬 Its mess! I have silver from around the world and I’m thinking I should trade it for gold that takes little room, but I’m hesitant because I will be taking a big loss. Back in the boxes it goes! Spend more money on tubes just to organize.
@2is1gold3 жыл бұрын
Silver can definitely be messy (and heavy (and nasty if it’s constitutional)). That’s another reason I want fewer variations!
@bootleg15143 жыл бұрын
Buying silver and gold changed the way I look at money. I used to burn my cash as soon as I got it. I started buying precious metals and nowadays im almost out of debt and live well below my means so I can get out of debt fully and continue to stack cash and metals while making investments. It was the best decision I ever made. I started stacking when spot was 17-18 an oz ive definitely slowed down on silver and geared over to gold the last year. I personally love silver more than gold though.
@2is1gold3 жыл бұрын
Fantastic story. Good for you!
@randystanton62802 жыл бұрын
You've been stacking silver for 2 or 3 weeks?
@sanpedrosilver3 жыл бұрын
Keeping all my silver until I sell one day. Haven’t purchased any significant amounts in over a year. Been adding to the physical gold stack instead. In terms of paper/digital, miners & crypto are taking what silver used to. Small real estate investments to keep things diversified. We all do what we think is best. Let’s hope we’re right 😉
@2is1gold3 жыл бұрын
Here's to being right (at least some of the time)! 🍻
@wormius73503 жыл бұрын
Silver is a stable asset, it’s just that market manipulation has led to it becoming undervalued
@2is1gold3 жыл бұрын
I don't see much changing there in the future.
@renaissanceman58473 жыл бұрын
if its susceptible to such rampant manipulation... then its NOT a stable asset.
@lamarravery40942 жыл бұрын
Silver and gold would be a lot higher if there were no ETFs or derivatives. And when real assets are in demand again, the paper stuff will fade away.
@CampbellsCoins3 жыл бұрын
The high pressure sales channels are my favorite dude! Even when 100% wrong all the time, their message never changes. That commitment. They never admit things didn't pan out or reflect on why things didn't go that way. Whatever gets the most views!
@2is1gold3 жыл бұрын
It is definitely impressive commitment! 😂
@randallpafford64313 жыл бұрын
Heyyyyy everybody!!! I bet slayer needs to have a lot more fundme's
@ryansimpson30743 жыл бұрын
CC ! Love your channel man. Subscribed. Keep up the good work brother
@CampbellsCoins3 жыл бұрын
@@ryansimpson3074 Thanks dude, appreciate it! 😎👊
@floridastacker3 жыл бұрын
Appreciate the history and was impressed you had accumulated over 600 ounces! I try to keep to 50% of each metal. It's all money to me and each serves a different purpose for my age. I'm such a nerd I already have my purchases planned out through October and consider myself fortunate to have started with Silver 3 years ago when it was much, much cheaper. Those that primarily Stack Gold tend to invest in other assets but pure Silver Stackers aren't as open to Stocks, Crypto or other pursuits so lesson learned on my part. I bought 2 shares of MSFT this week and another $200 in Crypto but as you mentioned this community is small but very diverse and subscribers tend to flock to their preferred echo chambers and aren't much into trying new things lol
@dalestoner29283 жыл бұрын
We are all nerds in the precious metal community. We just don't walk around with pocket protectors and electrical tape holding our eye glasses together.
@2is1gold3 жыл бұрын
I know you’re a planner. I’d guess your routines are far more organized than mine. Interesting idea on gold vs silver stackers. There might be more to it, though. I’m guessing young guys into silver are more interested in crypto than any of us. 🤷♂️ I almost mentioned your planning in this one, by the way, but then realized I tune into your gold videos but miss a lot of your silver content lately. Didn’t want to say the wrong thing. Cheers! 🍻
@thomasschultz16143 жыл бұрын
Yeah you two are the best channels in my opinion!
@JimmyWestra2 жыл бұрын
MS isn't new as a matter of fact Gates is a washed up con man and some say murderer as covid was dispersed from his Wuhan Facility in Communist China. (no witnesses they're all...........)
@jus-tinkin3 жыл бұрын
good general investing advice in general, reasonable persistent disciplined good purchases. I have a problem of overbuying from time to time, rarely does it benefit me.
@2is1gold3 жыл бұрын
A tiny voice in the back of my head screams LEROY JENKINS!!!! any time I get too crazy! 😄
@HubertoKusters3 жыл бұрын
I will go as far as to say that as long as you express the value of silver or gold in terms of fiat that you are protecting yourself against (inflation) you are on the wrong track. If the fiat fails which on the long run is always the case, it does not matter what the value of gold or silver is. What matters is that you have it, and a lot of it if possible.
@steveduncan60333 жыл бұрын
I am very fond of silver and especially silver eagles but at the end of the day the premiums on top of storage space requirements for any meaningful amount of the metal really made the case for me to focus on gold . I'd almost recommend platinum over silver at this point .
@2is1gold3 жыл бұрын
Storage space is a big deal to me too. That's part of why I like uniformity. Silver gets messy and takes a lot of room unless you're stacking mint tubes or standard 10 oz bars.
@averageguyreviews3113 жыл бұрын
I have purchased 100 ounces of silver every week since June for 6 months now. 25 weeks to get to 2500 ounces . From 100 ounce bars to 10 ounce bars to 10 kilo coins to 5 ounce round Scottsdale stackers . I have spread the average across the 6 months and spread the types of silver purchased . I also purchased all my silver from a bullion dealer who I trust and I have an option to always sell back too . He has always paid better than any coin shop I know of also better than any online dealer . His prices are also some of the best and it's rare to find someone selling for a better price than him . I have a guard house box of 40% half dollars and a few boxes of MS62-MS66 Morgan's but those are from previous crypto runs . I haven't bought gold since it went over 1400 an ounce . Silver won't run like btc or anything but it will go well beyond 100 dollars by or before 2025. Everyone said I was insane and wrong when I called out gold hitting over 1500 an ounce back in 2005 so I'm not worried about na sayers...... silver and gold are coiling up and its going to be an enjoyable ride up
@thomasschultz16143 жыл бұрын
This is a just in time video for new stackers it makes total sense if you have planned on switching metals or spending time pinpointing what to purchase there are a lot of channels to look out for telling and sharing are not the same unfortunately you can waste money not knowing and time is money thanks again can't wait for part two
@2is1gold3 жыл бұрын
Yeah, the misinformation is causing a lot of people to waste money I'm afraid. Cheers!
@thomasschultz16143 жыл бұрын
Your comparison buying the 10ozs silver to the 1/10 little eagle is most of the time overlooked due to the items in the cart addiction, the rounding up on the gold purchase is probably going to be my favorite part, the ASE and the dates are the turn off you can only hit the random coin so many times before you start another set, holding constitutional coins is enjoyable due to the place in history it feels like a better buy than rounds
@warriorpoet81193 жыл бұрын
New Sub! I like to see a realistic point of view, I am so sick of seeing clickbait KZbin ads that are solely used as an attempt to pump silver. I try to stay grounded and yes I love silver and gold stacking but it is irresponsible for many of these youtubers who cherry pick articles and simply read them to pump silver prices. Oh and I must say that Silver Slayer is the worst culprit.
@2is1gold3 жыл бұрын
Yeah, there’s a lot of it out there, unfortunately. Welcome, by the way. Happy to have you!
@TheQuickSilver1013 жыл бұрын
I haven't bought any silver in more than 6 months because of the nutty premiums on it. I don't buy into the hype and never have. Persistence and planning, as you say, are essential when you're dealing with the gray metal. Thanks
@2is1gold3 жыл бұрын
Completely. Best purchased with a clear mind!
@ecidragon2 жыл бұрын
Try kilos, you can get them with little premium.
@skulkid28863 жыл бұрын
I've watched a few of your videos and this was by far the most informative, and I liked that you were simply giving your own personal experience as well as mentioning some of the things you've seen others talking about and didn't try to sell me anything the whole time.
@2is1gold3 жыл бұрын
Thanks for watching!
@ussmisub24163 жыл бұрын
I’m always tempted to buy gold over silver. I justify my silver purchase with the added fun factor and possibly selling later for more gold like you said you did.
@2is1gold3 жыл бұрын
It used to be more fun for me. 😄
@edwardadams76193 жыл бұрын
I’m more partial to gold now. My silver buys will be”just because” for the immediate future. Gold being more precious, it has more value per coin and saves me space!😊
@2is1gold3 жыл бұрын
Definitely saves space!
@Seahawks420113 жыл бұрын
Current market cap of gold is around 14 trillion, silver less than a billion. I think its pretty obvious what metal has the most room to grow
@2is1gold3 жыл бұрын
Personally, I like the current winner.
@msbutler59 Жыл бұрын
I'm glad to see you also share info about silver also. I am much more vested in silver. I started when silver was under $5. I bought silver and gold rather than saving in bank. I have felt American dollar would fall at some point in the future so I wanted precious metal to fall back on. I sold some of my
@letschangetheworld20583 жыл бұрын
The Coins i got (Gold an Silver) are for the next generation and beyond so price is not an issue atm, If prices ever go parabolic I might shift some to real estate.
@2is1gold3 жыл бұрын
Yeah, you're playing by a different set of rules then!
@kscoins47873 жыл бұрын
Appreciate your time and thoughts Dr Gold...always good insight. Definitely not pushing pushing. A wonderful day to you sir and your whole family. Peace from Kansas✌
@2is1gold3 жыл бұрын
Thanks, Kansas! 👋
@bla22203 жыл бұрын
I prefer gold. But in the past, budgetary constraints have kept me from purchasing the gold. I believe in a balance of both. I also get a balance between bars and coins. And I no longer purchase decorative coins. I purchased coins from a mint, whether it's American, Mexican, Canadian, British, or Australian. When it comes to silver bars. I choose 999 and it doesn't really matter.
@hollywoodhand90123 жыл бұрын
Awesome! Probably the best video on silver ive seen!! Cant wait for part 2
@2is1gold3 жыл бұрын
Thanks!
@lovebutton78503 жыл бұрын
More well grounded commentary. Nice job, as usual.
@2is1gold3 жыл бұрын
Thanks, Jen! 😉
@mikeykpe61232 жыл бұрын
I live in Australia and I work for a Government owned Railway here. I have worked in the railway for over 30 years. It's a large government owned corporation. One thing I have learnt. They work with a 10 year plan no matter what political party rules. The 10 year plan actually works as it gives people time to plan and project without major changes to the original plan in forward thinking. And that is how I build my wealth. And it works.
@PistolPackingPilot3 жыл бұрын
Smart purchases, dollar cost averaging and good timing on your sales and purchases. For me, my silver is a mid-term savings. Gold is my long term savings. Given the GSR I would absolutely consider converting silver to gold, but I want to see it below 40:1. Great video.
@2is1gold3 жыл бұрын
Mediocre timing on my purchases. 😄 Good luck on that GSR!
@PistolPackingPilot3 жыл бұрын
@@2is1gold Bwahaha. Yeah, I’ll need it. Lol.
@mblanchjr3 жыл бұрын
It's refreshing to here some honest silver talk. I am very diverse cash, gold, silver, crypto, lil platinum , stocks and there will be something else. Maybe more expensive knives or firearms IDK. This is why ur one of the best. Thnx
@2is1gold3 жыл бұрын
Thanks, Matty!
@kevins4073 жыл бұрын
What else can fight inflation AND werewolves? And it's just. So. SHINY!
@2is1gold3 жыл бұрын
Valid points! 😄
@Ontariostacker11 ай бұрын
I like your style, no BS just talking about your experiences. I appreciate the real talk. 👍🏻👍🏻
@elparnell3 жыл бұрын
As I listen to this, I keep saying to myself I’ve learned over time the same things you are saying. I started with silver back in 2014 with no idea of exit plan. I’m now selling those coins if I can get more than I bought it for. Been lucky so far. Some stuff has doubled. Using that to buy gold. If I buy silver now, I buy 10 ozt bars and eagles on the dips. It took me a while to learn what people want. I have some stuff I will pass down to kids, but going forward with a focus plan. Staying away from those coins that just don’t make sense. Thanks again for more rational thoughts.
@2is1gold3 жыл бұрын
I read your comment before I saw who wrote it and was about to write that it's clear you know what's what. Would have already known had I looked closer. Cheers!
@kevinj23342 жыл бұрын
And that video is why I'm a subscriber, I'm so tired about hearing precios metal marketplace related up and down daily drama
@2is1gold2 жыл бұрын
Happy to have you here. 🤜🤛
@Abraham.Lincoln223 жыл бұрын
Great message amigo. Very intelligently presented.
@2is1gold3 жыл бұрын
Appreciate that. Thank you!
@lexiemaep79303 жыл бұрын
I love collecting artistic rounds. That's my jam! I love the art and the value always goes up
@PianoCelloDrums3 жыл бұрын
Excuse my ignorance but what do you mean by artistic rounds? Thanks in advance.
@Saint696Anger3 жыл бұрын
@@PianoCelloDrums some are limited and unique.
@DannyPansters3 жыл бұрын
Similar experience here. I sold about half. I'm in Europe and here what you want for (dealer) liquidity are any well known bullion coins. Generally a maple will fetch you as much as an eagle or a Phil. That'll be 7 to 20% over spot depending on how tight the market is -- currently expect 9% or so. Bars are not very interesting as you tend to lose not only the VAT but they are also typically bought back for just under spot. Your analysis is spot on. I started stacking silver and gold in 2011 and overdid it with the silver. Some of it will probably go at a slight loss though so far everything I did sell was at a profit. Never again, I only buy gold now.
@2is1gold3 жыл бұрын
Any silver I buy in the future will be earmarked for future sale. It’s wild how unpopular that view seems to be. Cheers!
@thebruthaknownasp38823 жыл бұрын
So now you only buy gold in what form? Bars or coins?
@Todd4America3 жыл бұрын
@@2is1gold thats when Stormys advice comes in handy. When he tells you to set an Apmex alert you better not waste any time. What id like a video on is how to get around the dealer limits
@DannyPansters3 жыл бұрын
@@thebruthaknownasp3882 Bullion coins. I have some bars from earlier too.
@marshallstrong4623 жыл бұрын
You said exactly what needed to be said. My initial plan was fear driven, so guess what my sell and trade plan became!? Another hard lesson. Thanks for what you do..
@2is1gold3 жыл бұрын
I appreciate that. This video wasn’t popular at the time, but I thought it needed to be said. Cheers!
@SilverForeverX3 жыл бұрын
This is a GREAT video. Personally, I plan to buy and hold silver forever, but I think about it like physical savings/insurance policy that's more likely to maintain value in the long term, when compared to the dollar. At the same time, I like collecting as a hobby, so I'm willing to sink an extra premium to add some novelty, since I have no intention to sell in the short term and it's useful for producing entertaining videos. As much as I love silver, I think it's important to be diversified into gold, crypto, and even fiat-- they all serve their purposes. I really appreciate the thought and consideration that went into this video. I don't plan for a moonshot, especially given what that would mean for the dollar. I'll assume an LCS will offer spot and everything else is gravy. Looking forward to part 2!
@2is1gold3 жыл бұрын
Thanks, SF! You're going to need a storage chamber for all that silver if you're planning to just buy forever and never sell!
@SilverForeverX3 жыл бұрын
@@2is1gold I desperately hope to run into this issue! I will say, gold definitely helps to ease the storage situation! In all seriousness, my goal is to build a generational horde that stays with my lineage; that's the reason I don't plan to sell. I can't control what my heir(s) do(es) once I'm in the ground, but that's the dream... It's only my own personal journey, though-- everyone needs to develop their own stacking philosophy and I agree that exit strategy is probably the most important consideration for nearly every stacker.
@littleredpony68683 жыл бұрын
@@SilverForeverX me personally I do like some of the generics for the eye candy appeal, I just have a hard time convincing myself to pay extra for that. I’ve been buying fewer ASE since the premiums on them skyrocketed and I have been buying more pocket silver coins. I do love the mercury dimes and the walking liberty half dollars, and I’m sure I’m not the only one who likes those coins.
@jeffclaterbaugh64153 жыл бұрын
Been stacking for decades. I buy when it’s down. I’m patient like that. I have no intention of ever trading it away until my fiat fails and they shut down crypto. It’s only an insurance policy to me. I hope I never need it. Because of this mindset, I’m always happy with my stack.
@2is1gold3 жыл бұрын
Patience prevents most of what ends up stinging people. Cheers!
@coctailer3 жыл бұрын
My gold and Bitcoin are my wealth preservation and I can leverage them instead of selling them so I dont create a taxable event. (Eventually when I decide to do it someday) My silver is my savings account that isnt in my IRAs. My silver will be converted into the fiat-du-jour in the future as needed whenever I decide its time to start spending my kids' inheritance. Its a little more low-profile than selling a Gold Eagle.
@2is1gold3 жыл бұрын
Makes sense. ✊
@Topknot603 жыл бұрын
What do you mean leverage your gold and Bitcoin so as not to create a taxable event? Do you mean borrow against them? Or do you mean something else? If you mean borrow, wouldn't paying back the loan with interest potentially leave you worse off than selling the gold or Bitcoin to begin with? Honest questions from someone trying to learn.
@calebdoner3 жыл бұрын
I appreciate your realistic view of precious metals. Not as an "investment" and not as a "doomsday" end of the world item, but rather as a cash alternative savings account. Gold and silver are money...they are currency. Stacking gold and silver are like stacking cash, but in alternative currency option. It's like somebody in Vietnam keeping a stash of USD on hand instead of Vietnamese dong. Depending on what unstable third world country you might be in, Euro stacking may be preferable to USD stacking.
@reidloscidem35623 жыл бұрын
Silver-->Platinum-->Gold. That's the game I play. Accumlate Silver near spot, convert to Platinum when conditions are met, then convert to Gold. The cycle is never ending. That's how I use my free money. It beats spending hundreds of dollars on video games or the bar in the strip clubs. 😆
@2is1gold3 жыл бұрын
_Usually_ beats it. 😄
@amoeboidtendencies51373 жыл бұрын
You don't hold a bit of each? Gold is always the end goal? Do you go for lowest premium Platinum like bars, or do you like a certain coin?
@reidloscidem35623 жыл бұрын
@@amoeboidtendencies5137 The lowest. The investment is in the material. I stay away from numismatic coins. When I start making that extreme chedda I'll start looking in to those. 😆
@amoeboidtendencies51373 жыл бұрын
@@reidloscidem3562 Yes, fair enough. I bought a few nerdy higher premium coins, but now I have my handful of those for fun and display. Moving forward it will be all about low premium coins (not sold on generic rounds yet) and bars.
@yoryteperman4293 жыл бұрын
A funny comment about Platinum. Not sure I follow your logic, and I certainly do not find it any smart. Why not go silver to gold if you must? Or if the gold is the end-goal, why not go to gold straight? Is this some sort of masochistic game played to loose time?? - Buy silver, then sell silver, then buy platinum, then sell platinum, then lastly, buy gold by which time gold rose and you would have been better off buying gold right away... FYI - if you knew your history, you would know that Platinum and Palladium are industrial metals and were not even considered precious before 19 century... Gold goes at least four thousand years back - it is uniquely inert, and the only metal that is yellow in color. It is not native to the planet Earth. As for Platinum and Palladium - well, they are kinda artificially maintained as precious by governmental subsidies (these industrial metals are rare, but so what is it to you? It matters to a country but not to private individuals. These metals are mostly used in catalytic converters, reactors, etc. and, of course, once all cars go electrical, their usage will wind down.. ). Anyways, good luck with "investments". Just do not forget to also have a life, as time and life are far more precious than any metal can ever be, and putting your money into metals at the expense of life experiences, well that's just stupid as any of us can die tomorrow, and you will not be taking your stash of gold with ya. I am suggesting to be a little more ambitious than visiting strip clubs- like go get a pair of $3k Audeze headphones so you can enjoy listening to quality music when you sit in front of computer. And go travel far and wide - New Zeeland, Patagonia, Nepal, Norway, Easter Island, etc... It is good to put like 5 percent of your income into metals, another 5-10% into savings for vacations, another 5-10% into luxury items that make life more pleasant. Putting more than 5% of your income into metals on regular basis is just stupid. Cheers!
@dproulx2222 жыл бұрын
I live in South Korea..... I avoid Eagles because of their premiums.... I prefer Maples, local Korean Mint (Komsco), Libertads and beautiful Perth Mint coins.... I'm primarily buying as a hobby and I'm not a silver acolyte. I don't know where silver will move but I like CPM Groups analysis. Right now I just store my coins in a dark wooden ginseng gift box with gold asian lettering/characters with brass accents that I found in the recycle bin. Its a nice way to keep my small variety of coins and makes a nice show piece. Thanks for your honest, non biased opinion.
@TheGroovyJones3 жыл бұрын
Okay I watched start to finish but you never said... is silver going to $300 or stopping at $200?
@2is1gold3 жыл бұрын
Ha! 😂😂
@homesteadaquarius10 ай бұрын
Thank you for telling the story in more detail. Another great quote.
@gunnargundersen37873 жыл бұрын
I have 20 odd years for it to come good. I can outwait a trader's quarterly targets and a bunch of paper that cannot make one solar panel, a single battery car or one touch screen. And when I sell it you can bet your backside that it will be an inflation adjusted and time value cost - otherwise it goes to the kids and they can decide if they want to sell.
@2is1gold3 жыл бұрын
If you're cool with a 20 year hold, you have little to worry about. ✊
@2010yearofthetiger3 жыл бұрын
Best no nonsense information I've seen all year.
@2is1gold3 жыл бұрын
Thanks!
@donaldinnewmexico3 жыл бұрын
Hi, 2. I'm still buying silver dollars for my collections. I am not stacking at this price, and especially with the recent premium levels. I stopped stacking at $20, delivered. I am not starting any new series in silver. Today's S Mint Proof Silver Eagle sold out in 12 minutes. *TYU*
@thebruthaknownasp38823 жыл бұрын
Silver eagle is different than double eagle?
@2is1gold3 жыл бұрын
I wondered if you were chasing them. Did you get it?
@donaldinnewmexico3 жыл бұрын
@@thebruthaknownasp3882 Hi, brutha. A Double Eagle is a twenty-dollar gold coin.
@donaldinnewmexico3 жыл бұрын
@@2is1gold I have a subscription for that one. For Silver Eagle collectors, subscriptions are the best way to order.
@thebruthaknownasp38823 жыл бұрын
@@donaldinnewmexico I'm thinking I'll stick with 1 oz buffalo's and eagles. Thanks!
@MrDavidknigge Жыл бұрын
I am new and went back to hear about the days of chaos, which is the story of silver. Reminds me of a girlfriend when I was young. It seemed exciting at the time but I vowed never again. I'm sitting on a large cache of silver and when the next FOMO comes, I'm done. Moving to a more traditional mistress, gold. I already have 2 ounces; hopefully, I will soon have 7 more. It doesn't seem like much, but I've only been at this for 3 months. I'll be listening closely to you realizing we both can be wrong.
@celticknot56783 жыл бұрын
FUN gets expensive. Govt bullion is safer. 10 oz bars are METAL!
@2is1gold3 жыл бұрын
Agree with all of it!
@kirkjohnson84753 жыл бұрын
Heavy metal
@allen_p3 жыл бұрын
I heard silver was poor man's gold. Got old Silver Eagles from my mother. Coin shops only wanted to give me the spot price which I thought was bunk. Just held onto them. Bought 1 oz silver bars for long term investment. I'll buy again when price falls.
@andrecc19963 жыл бұрын
With the hype of EV metals, especially Nickel & Cobalt, I've even added some 1oz pure Nickel bars to my stack of gold and silver. Not sure how it will perform in the future, but it doesn't hurt to grab some Nickels while it's still cheap now.
@2is1gold3 жыл бұрын
Actual nickels?
@andrecc19963 жыл бұрын
@@2is1gold yup, one of those American Buffalo 1oz .999 Nickel bars 😁
@jeffdiamond33463 жыл бұрын
Where do u find nickel bars
@andrecc19963 жыл бұрын
@@jeffdiamond3346 I bought from my local online e-commerce sites. But I've seen them being sold on sites like eBay and Amazon too.
@ethansiegler6262 жыл бұрын
Love that I’ve seen Field Notes in 2 of your videos so far. I’m a huge fan and collector of their notebooks.
@2is1gold2 жыл бұрын
They're great. Cheers!
@rickgeeprofitcoins67943 жыл бұрын
Exactly! And I feel like with the ASE price as it is, for every 1 ASE that a person buys they should buy some other 1 oz silver at spot to set of the cost. (If they think silver is still going up that is)
@2is1gold3 жыл бұрын
Yeah, I think it's important to average them out. That's why I liked those 10 oz bars. Cheers!
@jayroc33372 жыл бұрын
The only time I felt like I lost money ( even if I didn’t) was when I sold my metals , silver, platinum, gold or palladium. You can flip to make money every 4-6 months and watch it like a job or buy to hold forever. I’m getting too busy to constantly flip, buy and sell like I’m a day trader
@2is1gold2 жыл бұрын
I don’t like flipping either.
@esquared50643 жыл бұрын
When buying online, compare the sell ND buyback prices each item and buy the one with the smallest spread. You'll be surprised sometimes.
@2is1gold3 жыл бұрын
I don't want to have to sell to an online dealer, though. I wouldn't have gotten $40 - $50 per ASE from them! 😄
@esquared50643 жыл бұрын
@@2is1gold don't have to sell back to them... but it's just a tangible way to measure the best "deal" when buying
@stephen5623 жыл бұрын
My three favorites: AGEs, RCM 10oz bars and Constitutional. I plan to only stick with those going forward. I’ve got some others but plan to be rolling those into gold at some point.
@littleredpony68683 жыл бұрын
I’ve been getting more constitutional silver now that I can’t get eagles with a $20 federal reserve note anymore
@cyclingphilosopher87983 жыл бұрын
Good level headed analysis. Always useful. Personally, I have bought a considerable amount of silver as a store of value and plan to have about 1/12 platinum, 1/4 silver and 2/3 gold in the physical collections, measured against fair value of the metals. In weight that works out to about a ratio of 1:10:150 in platinum, gold and silver respectively. I did buy platinum and silver only at considerable discount, 20% or more below fair value, due to their volatility. Gold I’ll buy up until when my dca is at fair value. Some diversity within a physical stack increases the chance that there is always something decently valued if it is necessary to sell part of my stack. Over here in Europe, there isn’t that much difference in liquidity between different sovereign mint silver coins.
@2is1gold3 жыл бұрын
Europe is definitely a different animal when it comes to silver. VAT would be a huge part of the decision making process for me.
@alexking3583 жыл бұрын
I agree 💯. When I started buying I thought old coins would be good. Now they look more like a headache to liquidate. Especially after trying to sell coins and metals for family members.
@2is1gold3 жыл бұрын
Always good to have something you can liquidate quickly. Cheers!
@benjaminmale6013 жыл бұрын
This is all fine aslong as the criminal comex game continues, if it doesn't, then silver will find a much higher price, i suspect this will happen in this decade.
@saltwatersaddletramp72292 жыл бұрын
Most of my stack is in Silver Eagles. Libertads however, have become wildly popular in the last few years. In my neck of the woods I know several dealers who buy and sell them at similar prices to Eagles. I love them and miss the days when I could pick them up at generic silver prices.
@brianpowers78882 жыл бұрын
I like to stack silver but I appreciate alternate view points. Thanks
@2is1gold2 жыл бұрын
Thanks for watching!
@golddividends3 жыл бұрын
Man I recently told you this but I love your perspective! Even the 2 oz of silver a month plan. Whenever I’ve always bought silver I go for the tubes of 20. The comparison to that hitting gold territory really made me consider my past actions. I’ve learned a lot in the last few years but one of the most beneficial plans for me was the one 1/4 oz gold eagle a month. To be honest I want to go ahead and start another tube of 20 for 1/4 oz gold maples. Slow and steady wins the race. I’ve definitely impulsed bought some silver and definitely held the bag like you said. Even got fed up and sold at a loss in the past because I never dollar cost averaged. Thanks again for the top notch quality content man! Keep the videos coming!
@2is1gold3 жыл бұрын
Thanks, Trace! Seems like you’re having fun with it overall. That’s a big part of it going well. Cheers!
@golddividends3 жыл бұрын
@@2is1gold thanks man. Yeah I am having fun with it but overall I’m just so motivated to save and stack more! It definitely becomes a mindset once you reach a certain point. Between my 401k, Roth IRA, HSA AND precious metals I probably save close to 70% of all my income. My wife still has her income as well so that makes it all possible. Just so motivated to build wealth! That’s why I love the perspectives you give. I have the drive, I just need to fine tune and build a better plan for the future!
@2is1gold3 жыл бұрын
@@golddividends hell yeah!
@Huey77033 жыл бұрын
I bought a silver monster box in 2019, I’m not letting that monster out for some time, not until he gets bigger. 💵💵💵💸💸
@2is1gold3 жыл бұрын
Much better than buying it in 2020! 👍
@Innocentcarbon2 жыл бұрын
Over here in Oz, we don't have a thing about silver like our American friends do. We don't mine a lot of it but we do a massive amount of gold and that is more in our psyche. I am all in on gold.
@2is1gold2 жыл бұрын
I’m with you on your preference. 🤜🤛
@humanv12093 жыл бұрын
Great lighting, depth of field, and auto-focus less jarring! All that talking was good too ;)
@2is1gold3 жыл бұрын
Thanks!!
@danteraffin65393 жыл бұрын
I jumped in starting with 10 oz of gold and now up to 50 oz of silver, looking to jump back into gold. thank for the info
@2is1gold3 жыл бұрын
Nice!
@nickn1443 жыл бұрын
Great video ASE premium is wayyyy to high I can’t believe people still buy at these levels
@2is1gold3 жыл бұрын
It’s just stupid at the moment. And still we hear “back up the truck” every week! 😅
@TTT50003 жыл бұрын
The problem with buying certain silver for "fun", is that people are spending far more for that "fun" than they can imagine. Keep it simple with Silver eagles if your in it for the money. Higher premiums than other govt bullion, but your more than getting it back when you sell.
@2is1gold3 жыл бұрын
I'm with you there, personally. I don't judge anyone who really does get enjoyment out of of random purchases, but it doesn't do enough for me to be worth it. Cheers!
@jeffkeller90093 жыл бұрын
Still have faith in silver, but see silver more as a hobby, and gold as savings.
@2is1gold3 жыл бұрын
Reasonable perspective!
@jeffsmith41103 жыл бұрын
The problem with any metal is the overhead in getting in (premiums) and the overhead in getting out.
@RB-dq3ns3 жыл бұрын
I buy silver coins because I really like them and want a nice coin collection. I like silver proof sets and coins from the mint over random silver rounds.
@2is1gold3 жыл бұрын
I can appreciate that!
@stevekwiatek4963 Жыл бұрын
I have collected the silver state quarters since 2005 and now have decent collection now.
@alsaulso13323 жыл бұрын
I only buy what I like!! Which is the best way of stacking. Mostly Morgans and older coins that I know is real silver. Make sure you are buying real silver.
@salmatosjr52853 жыл бұрын
Good common sense advice. Uncommon for this subject. Thank you.
@2is1gold3 жыл бұрын
Thanks!
@angel.maldonado3 жыл бұрын
Glad to see one Silver video from you. Great content. Keep it up!
@2is1gold3 жыл бұрын
Thanks!
@ss-md4ci3 жыл бұрын
Hello, you have said and do 3 great things: 1) instead of buying something useless/retail therapy, buy gold and silver(gonna go really well future electronics, EV, solar panel etc) 2)an excellent saving method, 1/4 oz a week or 1oz a month or swap 1/4 for 1, keeps the focus at work and something to look forward besides the other fun activities/complicated investments 3) nice to hold and look at home to get motivated....good to keep a couple on the bedside table haha like how you hold them with bare hands thanks!
@2is1gold3 жыл бұрын
😄👍👍
@noahjoseph9633 Жыл бұрын
i bought my first 2 coins but 1 is a special one and a gift for my brother who is getting married, today I'm excited that i got some i bought it instead of spending 180$ on the small trip my friends planned last second. I have no clue if what i did was right or not but over time it will gain value at least.
@anthonypautin3 жыл бұрын
Thanks for sharing this had me rethink my stacking strategy! 🙌🏼
@2is1gold3 жыл бұрын
Thanks for watching!
@LassieFarm2 жыл бұрын
I like giving silver as gifts. Yes that's crazy, but it gives me satisfaction. As an investment, I think it's just not rare enough to be super valuable
@2is1gold2 жыл бұрын
Not crazy at all. Or if it is I suffer the same. Cheers!
@jameschase88133 жыл бұрын
I am waiting for the prices to come down in order to buy more, at least get back down to Spot pricing since I have free safe storage! I am not investing but rather hedging and making sure I have valuables in case of hard times. And I am even keeping some in foreign countries so my country can't force me to give them my property. 😁
@2is1gold3 жыл бұрын
Hopefully, there won't be a third silver squeeze attempt. The dealers don't need another excuse.