A kilo of gold is about 120 full sovereigns, enough to inflation proof retirement fiat income for 10 - 12 years. Saving for 20 years at 6 sovereigns a year is probably the best private pension fund that one can rely on. I didnt start saving sovereigns until I was in my early 60s, so its never too late. Any significant bullion gold you have, is more than most people have, so get it while you still can.
@BackyardBullion3 жыл бұрын
Great insights, thanks for sharing Harry!
@onecanmadman3 жыл бұрын
If it wasn't for youtube I would never have even considered saving like this. 41 now and just getting started. Good video, good advice , cheers
@BackyardBullion3 жыл бұрын
Thanks for the feedback
@beri2323 жыл бұрын
@@onecanmadman agreed. 48 here and started this year as well after seeing a few KZbin videos and reading a book.
@auricgoldfinger82493 жыл бұрын
It’s actually just over 136 full sovereigns to be 1 kilo of pure gold. Remember sovereigns are not pure gold but 22ct
@YankeeStacking3 жыл бұрын
I just broke a kilo of gold (32.75 ozt) this month! Onward and upward. (Not to mention the tube of silver maples I bought today as well 😉)
@BackyardBullion3 жыл бұрын
Nice man, did you get my email by the way?
@YankeeStacking3 жыл бұрын
@@BackyardBullion JUST got caught up with my emails today on Sunday. Thanks, brother!
@RockHudrock3 жыл бұрын
Yankee Bazooka?! 😆👍🏼🇺🇸
@cdflyboy3 жыл бұрын
32.151 ozt.. You’re OVER the kilo! 😉👏
@BackyardBullion2 жыл бұрын
Ozt Troy are heavier than avpd ozt
@grants1693 жыл бұрын
Happy to say I crossed the kilo mark in 2020, and now 25% of the way to a second kilo, with 90 kilos of silver for icing on the cake. I have sold silver to trade for gold, but never the other way around. Even with higher premiums for silver, sometimes it's easier to pick up 10oz or so of silver at a time with intentions of eventually flipping for gold rather than sitting on cash that may get spent before there's enough of it for an ounce of gold.
@BackyardBullion3 жыл бұрын
Holy Golden Trousers Batman, nice work my friend!
@harryzero15663 жыл бұрын
My silver has shrunk to 20 kg to the benefit of 2kg of gold, I feel that I have total control in event of a melt down, pun intended.
@BackyardBullion3 жыл бұрын
Nice, that is stunning!
@harryzero15663 жыл бұрын
@@BackyardBullion your enthusiasm is infectious, I have a germ of an idea, melting 10 x 1oz of 2016 gold britannias into an 10oz BYB bar as a podcast feature?
@BackyardBullion3 жыл бұрын
Holy moly that would be amazing, but it would have to be a very rich man to let me melt down 10 oz of gold for them!
@michaewelina79833 жыл бұрын
Gold is money just average Joe forgot about it and fell in love with paper.
@BackyardBullion3 жыл бұрын
For sure
@novisatol3373 жыл бұрын
Gold is the money of kings Silver is the money of gentlemen Barter is the money of peasants Debt is the money of slaves /s
@TheLiamis3 жыл бұрын
Gold has been used for 1000s of years as money and a symbol of wealth, it will continue to be for 1000s more years. Preppers are dumb about gold and silver. No market ever existed based on purely barter. Money of some sort was always used.
@abdulrahman313503 жыл бұрын
@@BackyardBullion 6à
@abdulrahman313503 жыл бұрын
I used to spend £100 in whetherspoons and night clubs on a weekly basis. Im sure i can invest in 1-2 grams of gold a week. Or at the very least, a month
@theastronomer58003 жыл бұрын
Everybody should own a kilo of gold - while the median bank account balance in the US in 2020 was under $6000...
@seafry72083 жыл бұрын
Right? Out of touch much? Those bank accounts be bleeeeeeedin too
@niemoikein43303 жыл бұрын
He says 1 kilo over a lifetime. It is possible. Buy around 1 troy ounce a year and you’ll have accumulated it in 30 years. I purchase 2 each year from a median income.
@suggadeg3 жыл бұрын
I know that I’m over a third of the way there. Not to mention the silver pile
@dekippiesip3 жыл бұрын
In another video: This is why everybody should own a large mansion accompanied by a luxury Yacht and a private jet!!!
@mickdarsey68143 жыл бұрын
Many don't keep all there money in the bank. Especially criminals. Alot of cash hidden in ditches.
@YankeeStacking3 жыл бұрын
Thanks so much for the shout out, my friend! You have always inspired me to be a better, more educational, more entertaining KZbinr. Thanks for being one of the GOLDEN examples of excellence in our beloved community! 😊👌🏼
@BackyardBullion3 жыл бұрын
You are so welcome!
@cdflyboy3 жыл бұрын
I own 3.88 Kg Gold and over 4000 Oz Silver, I don’t consider myself “wealthy”. Rather; persistent, determined and hardworking. 1kg of gold is attainable... But silver is a better investment.
@MrThe1234guy3 жыл бұрын
I subscribed to your channel. Have you ever sold any of your gold or silver for a profit before?
@cdflyboy3 жыл бұрын
@@MrThe1234guy not yet.... Really not my strategy at this point. I’m looking at a long term hold and only sell by absolute necessity or massive opportunity
@heidigib013 жыл бұрын
A kilo?, holy shit I’m lucky if I can complete an ounce worth this year!
@BackyardBullion3 жыл бұрын
Still, an ounce every year will be a kilo in 30 years
@SovereignSaurus3 жыл бұрын
@@BackyardBullion I was going to say... an oz per year from 25 to 55 or 30 to 60 or however you want to cut it
@Kfc14883 жыл бұрын
I’m gonna shoot for 2-3 a year if I can
@MrBoxxed3 жыл бұрын
Yep took me a year for the first ounce. I gave up and just working away on 1/10oz coins regularly
@ivanprtoljan50033 жыл бұрын
Well where price of gold goes this year gold will get slower to stack
@seminumismaticguy85753 жыл бұрын
I agree. My original aim was to have enough sovereigns to sell one a month for first 5 years of retirement (60 coins ) , but I didn't stop when I reach that goal. Don't buy larger weights though a) too expensive b) you can't break it up if you only need to liquidate a small part. Stick to a combination of 1/4oz and 1oz sizes.
@BackyardBullion3 жыл бұрын
Thanks for sharing, that is very interesting to get your take on it!
@audramatney11483 жыл бұрын
Over 3 kilos and still stacking it adds up fast been stacking since 1987 still luv every coin great video
@warriorpoet81193 жыл бұрын
I have owned gold for many years, while I was in the Navy I would buy 1 Troy ounce a month and just put it away, I am now retired after 23 years in the U.S. Navy and have just started stacking silver, I am now fascinated with Silver however I will not sell my gold to buy silver. My Gold to Silver Ratio is much heavier in gold but with gold prices as high as they are now I believe that I can only Invest in Silver as silver is much cheaper and the great thing is that I can play with my stack ( I would never touch my gold with my hands) Silver is much more fun :) Gold I can only look at but there are times I want to toss coins around. I agree “Gold is the Currency of Kings and Nations, Silver is the Currency of Gentleman, Barter is the currency of peasants and debt is the currency of slaves “ -Said by someone smart
@waterdd1 Жыл бұрын
Who said that?
@johnking22713 жыл бұрын
At last! Somebody recommending buying "as much gold as you can" besides this 2% and 5% rubbish. I have always felt the correct amount is as much as possible....without borrowing or endangering other investments or your livelehood and security of course!
@BackyardBullion3 жыл бұрын
Glad you agree and thanks for stopping by and commenting!
@CalCap3 жыл бұрын
This comment screams ‘confirmation bias’. You should absolutely not hold more than 10% of your portfolio in gold if you want to see any type of meaningful growth.
@fbbc23 жыл бұрын
My buying strategy is to buy gold and silver every few months when I have vacation days. In the time between I can save up. Currently 25 years old. I will stack gold and silver for the time when I will be and old man with grand kids. So thankfull that my father showed me gold.
@undergroundmetals4983 жыл бұрын
Any amount of gold is great . Start where ever you can afford to and grow . The journey is very exciting and as fun as buying to me .👍😃
@BackyardBullion3 жыл бұрын
For sure, start with whatever you feel is best for you!
@hixbilly24303 жыл бұрын
I never liked the idea of KZbin contents creators showing their stacks. But I am glad you did for this one because it puts into perspective how actually acquirable 1 kilo of gold is. if you take it small bite by small bites you can get there before you know it. 😉
@BackyardBullion3 жыл бұрын
I don't believe in full stack videos, but I hope my content speaks for itself.
@harryzero15663 жыл бұрын
In sales there is a saying " by the inch its a cinch, by the yard its hard". I believe that to be true with PMs.
@jedermachtigallmighty73453 жыл бұрын
I'm with You 100% !!! I saw how the People from Venezuela came here with Gold and start a new life. 👍
@BackyardBullion3 жыл бұрын
its just way better than silver.
@jedermachtigallmighty73453 жыл бұрын
@@BackyardBullion oh yes!
@mauriceorayii29643 жыл бұрын
4 gold coins a year, over the course of 5 years... Plus some silver mixed in, and everything's lovely.
@BackyardBullion3 жыл бұрын
Good way to do it!
@wolfyklip3 жыл бұрын
Sure, many people make 15 an hour, NGTH!!!
@joelscott18983 жыл бұрын
My first big purchase was in 2014. 200 Oz silver at 20.20. And 3 Oz of gold at 1330. Glad I did!
@THEBIGGESTSCUMBAG2 жыл бұрын
SELL THE SILVER & BUY GOLD INSTEAD
@stevengarcia28443 жыл бұрын
Great inspiration 💪 i have only started and just have a 1/4 oz coin but man I love it.
@BackyardBullion3 жыл бұрын
Thanks my friend, got to start somewhere. 1 oz per year = kilo in 30 years. let's go!!
@brettrobinson97133 жыл бұрын
It slowly stacks up....I'm at 4.321oz (four 1oz and one 10 gram)
@brettrobinson97133 жыл бұрын
took me since 2017 to get there too
@stevengarcia28443 жыл бұрын
@@brettrobinson9713 yea im 21 but my only regret was not taking gold more seriously when my expenses were lower, but my very first gold purchase is a 6 mm diamond cut rope chain 60 grams, and it has come in handy if I ever need a quick loan 💪. I definitely want a second job to support this new hobby 🤣
@centsofhumor3 жыл бұрын
Steven Garcia that is great! I am glad to see that you didn’t buy lower than 1/4 ounce, 1/10 and small grams the premiums are horrible. I always buy either 1/4, 1/2, or 1ounce. Generally 1 ounce usually has the least amount of premiums. Have fun!
@yinyangja3 жыл бұрын
I bought my first 1 oz gold bullion. A QB's Completer bullion. The only others I have are 1887 sov and 1/2 sov, and a 2017 sov.
@BackyardBullion3 жыл бұрын
Nice coins all of those
@freedmirza39199 ай бұрын
If only I came across this video 2 years ago, it was so much cheaper than what it is worth now 😢
@BackyardBullion9 ай бұрын
Yeah, you're not wrong!
@freedmirza39199 ай бұрын
@@BackyardBullion love the video by the way learnt so much
@BackyardBullion9 ай бұрын
You are too kind!
@gateke13 жыл бұрын
14:39 and then the music took over lol, lovely collection of gold pieces
@BackyardBullion3 жыл бұрын
I forgot to remove it from the edit 😉
@polarroller3 жыл бұрын
Beautiful stack of gold. I keep stacking the Gold Mexico 50 peso. My favorite.
@BackyardBullion3 жыл бұрын
I know, they are my favourite too!
@Michael-rt3hf3 жыл бұрын
The great thing about gold is it goes up in inflationary times but also like Japan over past several years it also goes up in deflationary periods.
@BackyardBullion3 жыл бұрын
It is just great all around!
@MrR6pilot3 жыл бұрын
So, what is the sales argument for customers buying the high premium silver that you sell in your business ? ....surely you must believe in it ?
@BackyardBullion3 жыл бұрын
My products are not marketed as investment products nor are they mass produced. When you buy a piece of poured silver you are paying for the art, the uniqueness and the enjoyment of the piece.
@auricgoldfinger82493 жыл бұрын
A kilo was my target and slowed right down afterwards. Now sitting on 36.5 oz. I’d like to get to 50oz but I’ve shifted my focus to elsewhere in the last 12 months.
@aipacsucks3 жыл бұрын
Kilo of gold for me is like eating an elephant - small bites over time! Unaffordium and Unobtanium are good motivators for me to stay the course! Thanks! BTW, I can't log on to Silver Forum to open your message. If it pertains to buying this year's bar, I have to pass.
@BackyardBullion3 жыл бұрын
Hey buddy, no worries on the bar, stay the course with purchases!
@SilverBritches3 жыл бұрын
Excellent presentation and informative bro! That's a dense stack!
@BackyardBullion3 жыл бұрын
Thanks buddy!
@SilverBritches3 жыл бұрын
@@BackyardBullion you're welcome!
@HifiCentret3 жыл бұрын
A kilo is HUGE amount! I've been stacking since 2012 when a friend dragged me into it and he wanted me to stack silver. I didn't listen og got (mostly) gold instead and only recently crossed the ½ kilo line. Can be there's 50-80 gram unaccounted for in jewelry, some of it quality jewelry I'll keep and some of it junk which I sell and buy investment gold instead. I have silver too but not that much since I can't get myself to pay those premiums. So very little dedicated bullion but lots of medals acquired at scrap price or below. So far I'm happy with my choice. Gold more or less kept its value without too much drop. Silver would have been a huge drop until recently. Only future will tell if gold is still the right choice. At least it's the choice of my heart. Love gold!
@BackyardBullion3 жыл бұрын
Thanks for sharing your journey, its certainly a slow and steady game for the win every time.
@HifiCentret3 жыл бұрын
@@BackyardBullion Only happy to follow your videoes :) Yeah I didn't buy it all back then by I started out quite heavily. Then a silent period because I moved from my apartment and that required a lot of money too.. But my stack has been growing continously just faster at some times than others. By the way there's not a kilo for every human on Earth(!) even with accounting for central banks and everything. If I remember correctly it's more like 25 gram so even just a one oz coin is more than your earthly even share of gold!
@BackyardBullion3 жыл бұрын
Thanks my friend, I appreciate the support!
@NathanielOutdoorAdventures3 жыл бұрын
Always appreciate your advice and thoughts. And totally agree. I only have a few grams of gold but hope to increase that soon
@BackyardBullion3 жыл бұрын
Good to know, thanks for sharing
@crystalcars52103 жыл бұрын
A Kilo of Gold... how wealthy do you think we KZbin obsessed millennials are? 🤣
@BackyardBullion3 жыл бұрын
Ha, well its not about buying it all right now, but over time it is very easy to save money and put it into precious metals, gold specifically.
@stevenhale29353 жыл бұрын
@@BackyardBullion 'very easy' - have you heard of the phrase "paycheck to paycheck " and do you know how many people live in poverty in your own country? Mate I love most of your videos but this video really parades your ignorance as to the reality of how the majority of people live.
@BackyardBullion3 жыл бұрын
Well, you are entitled to your opinion and I get that a lot of people have issues saving but I also know a lot of people that have issues saving money also spend their money irresponsibly. I'm not saying that everyone is doing this, many don't. Think what you think, this video was never intended as a parade of wealth, and let's be perfectly honest across all my videos showing precious metals for the last 5 years you could say the same thing. So, I will have to respectfully disagree with the majority of your statement and hope you can continue to watch and enjoy my content
@stevenhale29353 жыл бұрын
@@BackyardBullion I absolutely will.
@BackyardBullion3 жыл бұрын
Good stuff, glad to hear it. Thanks for sharing though
@DiggNitty3 жыл бұрын
Just made my first goldcoin purchase earlier today diversifying my hard assets. It was a Corona coin for this day and age fittingly. Btw, Nice set of kilo there. Thanks for your videos to challenge my mindset!
@BackyardBullion3 жыл бұрын
good to know, thanks for sharing!
@markkeyworth3 жыл бұрын
Accumulate over time and it will surprise people how much their portfolio will build. It is a long term investment but only spend what you can afford.
@BackyardBullion3 жыл бұрын
Yes indeed, thanks for sharing!
@larue1313 жыл бұрын
My aim for the time being is to get a full sovereign a month. Do you think it's better to buy them preowned or new?
@saltymemesmith3 жыл бұрын
The Isle Of Man1 Oz Gold Norse Horseman is absolutely stunning. Obverse features the Norse warrior on horseback, apparently imitating the appearance of St. George from the British Sovereigns but I believe it's different and slightly more appealing, always reminds me of our nordic roots. Reverse displays Her Majesty Queen Elizabeth II, in my opinion her best looking design. Thank you for another wonderful video BB 🔥🔥🔥🏅🏅🏅
@BackyardBullion3 жыл бұрын
It's bigger than 1 oz, it's a quintuple sovereign so about 1.17ozt and it is indeed stunning
@20770303 жыл бұрын
I started Stacking since 2019 and I could stack 1kg gold and few hundred oz of silver. I needed to slow down as stacking was addictive.
@Godwh1sperer2 жыл бұрын
A kilo of gold is all the money the worlds poorest people earn during their entire lifetime. An average African family's total earnings are 1 krugerrand, 1 ounce, a year.
@Angy7083 жыл бұрын
Just started buying gold. Nice collection.
@BackyardBullion3 жыл бұрын
Good choice!
@cyclingphilosopher87983 жыл бұрын
Currently working on the kilo of gold and hope to achieve it this year or in the next. With that the core of my precious metals pension purchasing power insurance plan (my PMPPPIP) will be complete. Though there is one little, tiny problem with the one kilo of gold per person......there's only about 1 ounce of gold per person on earth available. Fun fact is that the central banks of all the major currency areas are either holding or striving towards about 1 ounce of gold per capita.
@BackyardBullion3 жыл бұрын
Yes, indeed it is not possible for everyone to own a kilo of gold.
@brettrobinson97133 жыл бұрын
just bought my first gold Buffalo today!!...up to 4.32 oz. Slow and steady wins the race. Silver premiums are just too ridiculous right now.
@BackyardBullion3 жыл бұрын
Nice, thanks for sharing - I agree about silver premiums!
@CharlesJonesblades3 жыл бұрын
I did some calculations and there happens to be of all the gold ever mined roughly 3/4 an ounce per person alive.
@iokepa6113 жыл бұрын
Been stacking about 3 months slowly but surely stacking within my budget. Bought 3 oz of gold so far and about 180 oz of silver, mostly 90%, ASE, Maples, Britannia. There goes my Bitcoin
@throwachair3 жыл бұрын
Gordon Brown did the country proud didn't he, such a 'world class' mind, as these types refer to themselves, and he stripped us of our gold, in a dip, genius.
@BackyardBullion3 жыл бұрын
Goodness, what a mistake that was.
@Daveyengland3 жыл бұрын
Plus he told everyone in advance...
@tyhonsowitz6053 жыл бұрын
Yes. I started stacking last year and I'm a third of the way to a kilo. After realizing how heavy silver gets I've been mostly buying the beautiful yellow
@BackyardBullion3 жыл бұрын
Good to know, thanks for sharing!
@matthewmcwherter82703 жыл бұрын
Beautiful collection of gold! Congrats!
@BackyardBullion3 жыл бұрын
Thank you very much!
@richardmetcalf23463 жыл бұрын
Only have a little over half a kilo in 11 years of stacking but if the gold silver ratio narrows a little more I'm going to trade it for gold. Silver takes up to much space in my safe.
@BackyardBullion3 жыл бұрын
Thanks for sharing, yes silver is very very bulky and not good for storage en masse
@calumbaker58163 жыл бұрын
I like the prospect and I will more than likely own a kilo soon ish, starting now at age 24 buying 1oz-10oz a year. However I feel current market situations demand more progressive buying of silver than gold
@BackyardBullion3 жыл бұрын
Great to hear, thanks for sharing!
@marc30063 жыл бұрын
I think the biggest conspiracy out there is all the stacking channels I follow have all switched to gold overnight,,, all at the exact same time. Is there a KZbinr cabal out there?
@BackyardBullion3 жыл бұрын
I don't think so, I think they are just knowledgeable investors and have made up their mind that silver is not as good as gold right now.
@marc30063 жыл бұрын
@@BackyardBullion yourself excluded as it's a ramble but over the last few months where do you think the majority of new investors would have put their money based upon KZbin content? Please don't put me in bansville but I can see a influx of second hand bullion coming through now as people have been sold a pipe dream.
@BackyardBullion3 жыл бұрын
No banville for you my friend. No doubt that there are a lot of youtubers that have very profitable affiliate links in their descriptions and it is very good for their channels to create hype and get lots of ad revenue. Trust me, some of the channels around my size are earning $5000 per month or more in affiliate bonus codes to bullion dealers - some probably a lot more. I have been offered many affiliate programmes, never taken them because its not what I am about or what this channel is about.
@andyhepburn68553 жыл бұрын
@@marc3006 I think a lot of people will have put it into crypto
@marc30063 жыл бұрын
@@andyhepburn6855 me included. I stopped using all my budget for silver a little while ago. Mainly split it between gold and crypto now.
@anxiousstacker79453 жыл бұрын
2 oz are a lot for me and never that I would have that, but DAMN man. That is a gorgeous stack that I hope to be able to have one day. I’m averaging 1 to every 100 oz’s of silver.
@BackyardBullion3 жыл бұрын
Thanks for sharing your thoughts, it's a very nice ratio you have there.
@ItsMrBlu3 жыл бұрын
Beautiful collection! I love those centenarios! Thanks for your thoughts!
@BackyardBullion3 жыл бұрын
Thanks, they are awesome, my favourite coin of all
@NOSEMATICS3 жыл бұрын
Excellent video, very nice gold. Yankee Stacking is a great channel. 🍻🍻🍻🍻🤩👃🏻
@BackyardBullion3 жыл бұрын
He sure is
@kylegwyn4172 Жыл бұрын
I enjoyed this. I agree, it’s a good goal overtime. New to stacking so I’m at 1/2 an oz lol
@Dakiniwoman3 жыл бұрын
BYB thanks for another great video. Your gold stack is looking great... I have that final Queen's Beast coin on order to complete my set... (1/4 ounce size in all the rest) So beautiful! I could only afford the Una and the Lion bar in silver 10 ounce. I will continue to buy gold as I am able to. In three years I have managed to buy just over 12 ounces of gold on a senior's pension very tight budget. My Silver is over 320 ounces now... Saying hello from Vancouver Island.
@BackyardBullion3 жыл бұрын
thank you very much indeed, thats a nice sounding stack you have going there too, thanks for sharing!
@markcarroll95653 жыл бұрын
I'm at about 3oz GOLD,,,,
@BackyardBullion3 жыл бұрын
Nice, only 29 more oz to go until a kilo!
@kscoins47873 жыл бұрын
Love the pesos! Thank you for your input(put a tad of platinum in that stack) stay safe and stack on!!!
@BackyardBullion3 жыл бұрын
I do have some platinum in my stack too.
@kscoins47873 жыл бұрын
@@BackyardBullion hope you know I was teasing...you are one hundred percent brilliant! Love your videos,thoughts and very AWESOME items you make! From the state of Kansas you ROCK!
@BackyardBullion3 жыл бұрын
Didn't think anything else otherwise!?
@AY-vi2ld3 жыл бұрын
Only 1 sov? Are you even British? 🧐 Well done on the 1kg!
@bigbill74scots3 жыл бұрын
On rewatching there is a comment I'd like to make. In the UK a gold grab happened as recently as the 1960s when the Labour government were sick of the UK Pound going abroad and being exchanged for gold and brought into the country. Quite simply people were fighting against a weakening Pound through physical gold accumulation so the Government reduced ownership to a limit of four coins, two gold and two silver. Think it can't happen again? I don't.
@mohammadkazim21492 жыл бұрын
Today I completed my first kilo of gold .. a journey started almost 15 months ago 🥇
@BackyardBullion2 жыл бұрын
that's an amazing achievement. well done!
@dlawss3 жыл бұрын
Hi, I bought a couple of the boxes for the 1oz gold beasts with the name plates for each coin look much better in the boxes than scattered everywhere
@BackyardBullion3 жыл бұрын
Great to know, thanks!
@harryzero15663 жыл бұрын
If you bought the same QB box as me, it holds a tray of 2oz silver, a tray of 1oz gold and a tray of 1/4oz gold.
@mimaroo14313 жыл бұрын
Don't have a kilo of gold but I have that in silver, a number of times over. Eventually I'll get there with gold. Slow and steady over time.
@BackyardBullion3 жыл бұрын
For sure, it has to be slow and steady with gold
@romanbrough3 жыл бұрын
In the 20th century, the vast majority of countries in the world had there currency collapse. Causes were war, hyper inflation etc, etc. Many places had this happen more than once. To out 20 or 25%of your savings into precious metals, is a rational, reasonable option. I bought silver, before we left the EU, not really looking to buy any more. My local dealer keepsake selling out. There's huge demand for real, actual gold. Find more good local dealer, great value, buy when you can afford to. Especially as interest rates are roughly zero.
@brummil3 жыл бұрын
Most PPL make an big mistake. The buy the prices. I buy the ratio. By 112 to one i bought massive Silver. By 80 to one i buy 50:50 Gold and Silver. Under 50 to one i stop buying Silver and go 100% into Gold. So i get in 10 Years 1,2 Kilos of Gold and 35 Kilos of Silver. And no. I am not rich. I got around 1500 pounds a month. My Collection Contents a good mix of classic Numis, modern Numis and Bullion. But its not easy, cause u have to buy cheap. That means, u have to have an eye on the Market......almost every day to find the bargains. I have over 20 dealers in whole europe in my watchlist on my computer
@BackyardBullion3 жыл бұрын
totally agree. Its so funny to hear people say now is the better time to buy silver - not long ago the ratio was 125:1 and definitely in favour of silver. Not now!
@coolsmp66883 жыл бұрын
Loving the gold.. few Oz's behind but striving for that kilo!!!!
@BackyardBullion3 жыл бұрын
Nice, its a very satisfying moment when you get there!
@cedricvary9323 жыл бұрын
Onlly 11 oZ of gold. Been stacking only this year
@BackyardBullion3 жыл бұрын
Thats a kilo by the end of the year then!
@dizzybee7386 Жыл бұрын
At the time of making this video, gold value was £43.24 / gram (about £1344.83/oz). Today, it is worth £51.42 (£1599.33/oz) That's an increase of approximately 19%. At the time of making this video, silver value was £19.48/oz. Today, it is worth £19.34. At the time of making this video, the Sterling pound was $1.26 USD. Today, the sterling pound is $1.24 USD. You would appear to be correct about debts of people versus debts of countries.
@gustavoabate62423 жыл бұрын
A kilo of gold is 32 full years of minimal wage for me :( Oh, well; gram by gram then ;)
@BackyardBullion3 жыл бұрын
Slowy slowly!
@lightoftheworld16773 жыл бұрын
I have only 28 oz of gold but silver...... thats a different story. Ill probably play the ratio soon
@brummil3 жыл бұрын
U MUST play the ratio to grow up your Depot. See my post below Sry for my bumpy english. I am a kraut. 😁🤣
@BackyardBullion3 жыл бұрын
Sounds like a plan to me!
@mikedoan42473 жыл бұрын
My.mistske was buying a kilo gold bar instead of buying coins or small 1oz bars. But hell... I'm only 26, so I figure I can swap my kilo bar for income producing assets whenever I find opportunity.
@itsgenkigirl3 жыл бұрын
Hold onto it Mike. And get inspired to buy income producing assets with fresh money. You can do it ✌🏼
@arafatbukhari88453 жыл бұрын
Yes bro, Agree 👍 100% I am gold stacker from East world 🌎. Gold 24k bars is my passionate and discipline specially for long term. I started stacking in 2020 when covid 19 started. Almost 2 years stacking I have 15 TOLAS Worth $10,950. So Agree in 10 years I am planning to touch 1 kilo 24k gold bar. 1 kilo in this part of world 🌎 its 86 Tolas. In this part of world 1 kilo 24k gold bar will cost us almost 9.6 million local currency.
@usptact3 жыл бұрын
Thanks for sharing the thoughts on owning gold. Do you think that accumulating gold for retirement is a good long term goal?
@MrThe1234guy3 жыл бұрын
You say gold is the safer bet. I think silver is equally as safe and depending on the ratio a much better purchase at times. I started stacking only 2 and a half years ago. 100 oz of silver use to equal 1 oz of gold. Now that 100 oz of silver I stacked is equal to 1 ½ oz of gold. I believe Silver is still the better bet, and I will be taking advantage of this ratio when we get closer to a 45-50 to 1 silver to gold. Last year at the same time I picked up a 1/10 oz gold eagle and a 10 oz Britannia Silver Bar. Roughly the same price but now the silver will net me 50% more in return. Why would gold be safer then silver?
@MrThe1234guy3 жыл бұрын
I think I understand I listened to the rest of the video. Certainly silver is harder to find at a reasonable premium right now. I have also been adding more gold lately to my silver mix.
@kenleach25163 жыл бұрын
Very interesting, my friend pushing Silver....Nice explanation
@kaku003 жыл бұрын
Gold is king! I am on the slow and steady plan. It truly is surprising how it all adds up. People need to stop making excuses why not to buy gold and just do it!
@BackyardBullion3 жыл бұрын
Yep, I agree.
@CoinsAndCapsaicin3 жыл бұрын
I do love gold. I have about a half oz. I have been working on my ancient coin collection as much as possible. Mostly roman and Greek.
@sulphate33483 жыл бұрын
Understand value and valuation. In 1914, Henry Ford started paying his line workers $5 a day. That was .24187 of gold for a day's wages.
@BackyardBullion3 жыл бұрын
Yeah, I get that but if you equate that to todays gold price that is $413 per day and not out of the realms of possibility for some people right now.
@jl6963 жыл бұрын
You are quite right. Silver premiums are too high right now. I will still buy some in the near future but a lot less than I have over the last few months. I am slowly accumulating fractional gold (that's all I can afford at present). The premiums are high there too but it's still a better deal than silver at the moment. I want to accumulate a few ounces before it does become "unobtanium".
@BackyardBullion3 жыл бұрын
Good to hear, thanks for sharing
@angelaa.44373 жыл бұрын
Love your vids...great selection of coins there too. I'm considering stacking some bullion but at age 60 I'm not sure if it's worth it. Have I left it too late?
@daniel-j-harris3 жыл бұрын
Only Q is, if we buy 1oz a year over 30 years won't it get more expensive to by said oz each year? Could be 6-7 grand an oz in 25 years time? So best to get as much as possible ASAP?
@stuartmcmahon88703 жыл бұрын
It’ll take me a year to save enough for 1 ounce on my wage 😔, I got close to 30 Oz of silver as that is easier for me to buy right now. You are right though, the premiums are so high even I’m now hesitant to buy more silver.
@BackyardBullion3 жыл бұрын
Yeah, it is very hard to justify the premiums in my head, hence the move to gold.
@stuartmcmahon88703 жыл бұрын
@@BackyardBullion I am quite new to stacking but I’ve watched a load of your videos and some from the crazy yanks across the pond, saving for the apocalypse. Your vids are definitely more interesting and informative. Theirs just make me think the world will end next Thursday..as you always say, it’s about buying responsibly. I have a tight couple of months coming up so I won’t be buying any PMs as I have higher priorities, but after that I’ll see what I can get. Fingers crossed that the market will have calmed down and prices drop a bit. I want me a 10oz bar..
@BackyardBullion3 жыл бұрын
There is a lot of fear pushing and hype all to fuel affiliate bonus codes and youtube ad revenue. Some of these youtubers in the US are earning thousands of $ every month from the fear they are pushing. We speak a much more down to earth approach.
@tedpark68143 жыл бұрын
Congrats on having the silver! Premiums are nuts now, 'tis true.
@ef74803 жыл бұрын
Nice! A y idea where to get those black capsule inserts from?
@BackyardBullion3 жыл бұрын
They came as part of a display box, so no idea, sorry!
@adrianday3 жыл бұрын
I’m currently moving house but looking at starting to slowly accumulate gold and more silver (when I see the in laws in Canada for obvious reasons). I am lucky enough to have been inside the federal reserve vaults in New York City... one word amazing
@MrDavidknigge Жыл бұрын
Nice treasure! I fully agree that gold is preferable to silver. Reason number one is that it can be obtained for far less premium as a percentage of spot. I have lots of silver too, but I will be selling much of that to buy more gold.
@kostadinkostadinov25102 жыл бұрын
My mom and dad have a lot of 14k rings, bracelets, chains and even 1.5 kg silver chest ( mini coffin ). But my sister sold almost all her gold for a new fridge in her home.
@ExploringWater3 жыл бұрын
Next price target: $2800/oz. (hopefully £60-70k for 1kg gold)
@BackyardBullion3 жыл бұрын
We will see, I don't think it will get there any time soon.
@CashMoney0073 жыл бұрын
Just started collecting gold and silver about 3 months ago. I'm up to 70 ounces and 6 grams of gold. Little by little!!! I have always been a coin collector for about 4 yrs. Nice video!!!!
@BackyardBullion3 жыл бұрын
Good stuff, keep going!
@doctyler31503 жыл бұрын
I put 6k in 1oz coins this year......I only had 6k to work with.
@briangodby8405 Жыл бұрын
Im on my way i got a few ounces of gold. And i got 22 ounces of silver. Hopefully i get to trade up some day silver to gold
@MrBoxxed3 жыл бұрын
320 x 1/10oz coins thoughts
@proffpuff2 жыл бұрын
I bought another 50 sovereigns today thats 250 now and 2500 oz of silver Britannias im hooked
@sachinkainth95083 жыл бұрын
Where do you generally buy your gold from?
@BackyardBullion3 жыл бұрын
Chards, Atkinsons, Baird and Co. These are the biggest and best in the UK.
@harryzero1566 Жыл бұрын
A kilo of gold is 1000gms, at just one step at a time that might equate to 100 steps over the long term. Just downsizing a property in later life can leapfrog any home owner to achieve just that 1k of gold. If, prior to downsizing, you could have already achieved that target, doubling that target could be a reality.
@Wealth_Wisdom_Discernment3 жыл бұрын
If you invested the money that a kilo of gold costs, you’d be a millionaire in about 28 years. I like gold and silver, but it’s insurance, not an investment
@spitzndtruth14843 жыл бұрын
I've managed to claw since 2015 57 ounces....its a grind but well worth it 👌
@collectorguy43793 жыл бұрын
Yep would love to have more gold BUT I don't have the cash for it like most!
@daleclark31383 жыл бұрын
Gold will be for direct exchange for large value items like 10 hectares of farmland Silver will yield larger profit due to it being used up every year In the long run the silver to gold ratio may fall enough to swap 5 or 10 oz. of silver for an oz of gold. Silver will increasingly become a strategic metal as global supply falls. Global gold supply grows 2 to 4 percent annually with little or no depletion.
@BackyardBullion3 жыл бұрын
Thanks for sharing, I agree.
@RedShiftedDollar3 жыл бұрын
I don’t understand why people think it will be so impractical to use gold and silver for local transactions. The government mints coins all the time. All they need to do is bring back the gold and silver coins and we will instantly see 20 dollar silver dollars and 500 dollar gold coins being used to purchase things. These would be just as easy to use as the coins we can already spend.
@dronetestdaegan Жыл бұрын
The completer. Perfect. Also like the Royal arms lions.
@briezeller87042 жыл бұрын
Im american and strictly stack gold britianas from 2021 and up because of the security features
@ThePlatinumBeast3 жыл бұрын
that gold though! jeez laweez! gorgeous stack backyard!
@BackyardBullion3 жыл бұрын
Thanks!
@ingoldcoinwetrust99293 жыл бұрын
Definitely better than stacking paper money.... For sure 😎