Was I Wrong? Foolish Choices Buying Gold

  Рет қаралды 34,071

2 is 1

2 is 1

Күн бұрын

Пікірлер: 344
@hickok45
@hickok45 2 жыл бұрын
Better combination? Gold, lead, brass, & copper! :-)
@2is1gold
@2is1gold 2 жыл бұрын
Okay, you got me there. 😄 Hope you're well, Hickok!
@Saint696Anger
@Saint696Anger 2 жыл бұрын
lol
@RockmanDash
@RockmanDash 2 жыл бұрын
Hickok45! I have been watching you for nearly ten years!
@origamioutlaww5056
@origamioutlaww5056 2 жыл бұрын
Rumor has it that hickok45 spent his professional career as a fellow English teacher...I approve.
@RockmanDash
@RockmanDash 2 жыл бұрын
He leaves out in the woods and shoots more ammo than he probably should
@fazotakeiteasy
@fazotakeiteasy 2 жыл бұрын
My regret is not buying gold when I was younger. I guess it's a generational thing... If your parents never showed you the ropes because their parents never showed them the ropes... it becomes lessons in life that never get taught. Now that I'm older and I took time to understand the importance of precious metals; I try to share the knowledge to those that are still "lost" in the generational rat wheel.
@phillipboone1782
@phillipboone1782 2 жыл бұрын
Worst mistake I made was doing silver first because of my lack of knowledge I wish I would’ve only cared about gold at first and I’d have a much bigger stack than I do now. And the sunk cost of the premium on the silver wouldn’t be so bitter in my mouth. I doubt I’ll ever recoup the loss from silver due to its market manipulation
@shan4078
@shan4078 2 жыл бұрын
We have all made foolish mistakes when starting out. My biggest mistake was buying a 10 oz bar of gold. I was trying to save on premiums, but what I didn't think of was the fact that if something ever happens where I need to sell, it will be a problem. No LCS can afford to buy it, and if I want to sell back to online dealer, it will cost about $ 300 to insure through the post office. Oh well, live and learn.
@lockheedload
@lockheedload Жыл бұрын
Sounds like all sorts of reasons to just keep it!
@kevinhamer2230
@kevinhamer2230 2 жыл бұрын
My first gold purchases were very small fractional bars. I was shocked when they showed up in the mail by how tiny they were. I ended up trading them in and am on a better path now.
@2is1gold
@2is1gold 2 жыл бұрын
It's amazing how much value can be packed into small gold. Cheers!
@ickster23
@ickster23 2 жыл бұрын
Aren't small fractionals more feasible as emergency currency? There's a place for everything.
@kevinhamer2230
@kevinhamer2230 2 жыл бұрын
@@ickster23 it was the 1 gram bars that really shocked me. Now I've got 1/10, 1/4, 1/2 and 1 oz gold eagles. Also have quite a bit of silver for any potential bartering situations.
@VerticalStacker
@VerticalStacker 2 жыл бұрын
Transparent. Entertaining. Strategic. Lessons. The dumpster gold story still cracks me up. Dumpster diving at its finest (?) hour. I've gone through the same historical analysis of why I did what I did with my gold purchases. I think even if I turned back time and did it differently - I could make a video of what I did wrong. Good of you to give to UNICEF.
@2is1gold
@2is1gold 2 жыл бұрын
Hey thanks, Vertical! Hope your son is on the mend. Have a good weekend!
@alexwilliamson8225
@alexwilliamson8225 2 жыл бұрын
The run time of your videos and how you release them every other day has got me watching every single one. Great content. 3:39 can be perceived in may ways.
@MattDeckard
@MattDeckard 2 жыл бұрын
Well, the Britannia’s have taken the medal when it comes to coins to save as bullion since they surpasses all others as secure. And they’re lower in cost as they had a bad start.
@2is1gold
@2is1gold 2 жыл бұрын
Yeah, 2021 was really their coming out year. Cheers!
@TheChrissy1977
@TheChrissy1977 2 жыл бұрын
If your in the British isles they are also CGT free also. As are sovereigns.
@waynedrake1306
@waynedrake1306 2 жыл бұрын
I thought so too, but then I went to sell and was offered $25 below melt on a 1/4. Ridiculous. The LCS is out of touch.
@ColorOfMoney7
@ColorOfMoney7 2 жыл бұрын
Just because you have certain safety measures in place doesn't mean the coin in your hand is pure gold
@edb3877
@edb3877 2 жыл бұрын
@@waynedrake1306 Out of touch or just too greedy for their own good? Something like that would make me look for a different shop.
@TheQuickSilver101
@TheQuickSilver101 2 жыл бұрын
I've been fortunate, the biggest mistake I've made when purchasing gold is not buying more when I could afford it. If that's the worst thing I can say about a thing I enjoy sticking money in that's gotta be pretty good. Thanks!
@2is1gold
@2is1gold 2 жыл бұрын
Yeah, your problems are no problems! ✊
@michaelmccoy2847
@michaelmccoy2847 2 жыл бұрын
I suppose a bad choice is not saving sooner in life. Oh well, all we have is today. So, good choices, bad choices, all we can do is try to make the best choices at that particular moment. Thank you on the UNICEF, I donated as well. Looking forward to another Friday night live stream when you get around to it. Best wishes to all!
@2is1gold
@2is1gold 2 жыл бұрын
Thanks Michael! Have a good weekend!
@burke9497
@burke9497 2 жыл бұрын
Nice video, as usual. These 2is1 videos always have useful information that I find very helpful. And they are done with style.
@2is1gold
@2is1gold 2 жыл бұрын
Thank you, Jeff! 👋
@jaybarr3307
@jaybarr3307 Жыл бұрын
You brought up something I've been wondering about. Since I expect to leave much to my daughter, who will probably know nothing about how to convert it to cash, I want to leave a note with advice. I would put it with the leavings. I want to tell her not to sell more than x-numbers of Maples at a time, don't use a pawn-shop, that kind of thing. Would love to see your list!
@healthywealthywise
@healthywealthywise 2 жыл бұрын
Thanks for sharing! I’m thankful I have not made any “bad moves”, at least none that I’m aware of…yet. But stay tuned. 😉
@2is1gold
@2is1gold 2 жыл бұрын
Ha. Here's hoping you hold onto your current record. 🍻
@edb3877
@edb3877 2 жыл бұрын
As long as a person stacks whatever gold and silver they can comfortably afford, it's really hard to make a bad move, IMO. Sure, some moves we can make will be better than others but who says we have to do everything perfectly in life? Maybe it is the little imperfections in life that keep it interesting?
@sunshinestacker5235
@sunshinestacker5235 2 жыл бұрын
I was going down river in south Carolina and found some decent gold nuggets so went back with pan and been doing it ever year and I usually pick up about .29 oz of gold in river then smelt it and have tested it and around 19kt and of that free gold and over last 10 years I've got about almost 3 oz of gold in river.
@2is1gold
@2is1gold 2 жыл бұрын
Wow, I've collected about a gram in grains over that same timeframe. You're doing something right!
@edb3877
@edb3877 2 жыл бұрын
Now THAT is what I call shopping! lol Very well done, indeed.
@ColorOfMoney7
@ColorOfMoney7 2 жыл бұрын
Are you talking about the ruby mines
@ColorOfMoney7
@ColorOfMoney7 2 жыл бұрын
Ruby Mines and especially Mt. SOCHO IS RICH WITH GOLD STILL
@joethebassplayer
@joethebassplayer 2 жыл бұрын
Great video (as always)... I'm focusing on Platinum while below $1K price point. As for Gold when it is at or under $1900 is when I'm excited to buy but I am still buying an ozt of AU every 3 months or so. Thanks for the videos and be well!
@2is1gold
@2is1gold 2 жыл бұрын
You too! 🤜🤛
@martymcfly9381
@martymcfly9381 2 жыл бұрын
I’m almost glad about my “bad choices” (gold is never a bad choice, imho), because that way I know what to sell, if I decide to shift some gold into other assets. The rest, I wouldn’t give up, if I don’t really,really have to. Btw: The dumpster gold story is epic, something for your memoirs! 👍
@2is1gold
@2is1gold 2 жыл бұрын
It really is a rare story. I don't know how many more wild stories I'll get. 😄 Cheers!
@alexpearson8481
@alexpearson8481 2 жыл бұрын
Agreed - dumpster gold. 😂👌. I can only imagine the flood of emotions in the moments……@ 2 is 1. May be a good video to expand more on that story?
@72cmcinc
@72cmcinc 2 жыл бұрын
Whiskey and gold, does it get better? Bad moves...me...no way, Ill never tell here at least : ) Nice job on the sharing the March Ad rev, you are a good man!
@2is1gold
@2is1gold 2 жыл бұрын
Ha! Thanks!
@gassman55
@gassman55 2 жыл бұрын
I started a monthly gold coin purchase in 2014. Stored in a safety bank box. I switched to using that monthly investment into buying Bitcoin/Etherium in 2020 January. Target 3% each in my portfolio. I hope I never need to sell them.
@2is1gold
@2is1gold 2 жыл бұрын
Nice!
@tommystacker3286
@tommystacker3286 2 жыл бұрын
Whiskey? I thought you sounded a little tipsy in this video……. Just fooling!!! Loved it, made me chuckle 😄 Thanks 3is2- oops, I mean 2is1!!! A little tipsy myself 🥴
@2is1gold
@2is1gold 2 жыл бұрын
Ha!
@silverstethoscope65
@silverstethoscope65 2 жыл бұрын
Good stuff brother...the loss is real anyone thats done this for many years has taken them....thanks for content
@johnlenk2774
@johnlenk2774 2 жыл бұрын
Always good information. Love the knife!
@2is1gold
@2is1gold 2 жыл бұрын
Thanks!
@bricktownsilver5523
@bricktownsilver5523 2 жыл бұрын
Let me think about it! Thanks for sharing!
@2is1gold
@2is1gold 2 жыл бұрын
🤜🤛
@mmills264
@mmills264 2 жыл бұрын
Great video. What’s your opinion on stacking silver kilo bars.
@vip_supercars3652
@vip_supercars3652 2 жыл бұрын
One foolish gold buy I did was buying the 2021 Gold Swan. I only bought it because at the time, I couldn't find the 2020 Swan. I ended up finding the 2020 Swan the next month and bought it. So now I have the 2020 and 2021 Swan, I'm looking to sell the 2021 Swan for a Libertad.
@2is1gold
@2is1gold 2 жыл бұрын
Yeah, the 2020 is hot. The rest are not (necessarily). 😄
@john-ze7eu
@john-ze7eu Жыл бұрын
I picked up the 2017 Swan... Beautiful coin
@SilverHeist
@SilverHeist 2 жыл бұрын
When you dumpster dive and still get GOLD, then even your most foolish activity ended well.
@2is1gold
@2is1gold 2 жыл бұрын
Extra foolish because my tetanus boosters aren't current. 😅
@everythingelse3086
@everythingelse3086 2 жыл бұрын
What about your covid boosters? You need 5 to be safe.
@SilverHeist
@SilverHeist 2 жыл бұрын
@@everythingelse3086 wear your boat lifejacket on land … just in case
@slowridefpv9668
@slowridefpv9668 2 жыл бұрын
I wouldn’t look at it as capital gains I think it’s more capital retention and shouldn’t be taxed.
@2is1gold
@2is1gold 2 жыл бұрын
I don't think it should be either. It makes no sense. Cheers!
@darryls
@darryls 2 жыл бұрын
my bad move was not realizing the benefit of buying gold earlier in life.
@2is1gold
@2is1gold 2 жыл бұрын
Same. Very common bad move. 😄
@edb3877
@edb3877 2 жыл бұрын
Yes, many of us have that in our past. I do too and it was because I was too busy raising 2 kids, buying and finishing the basement in our newer house, and making a good amount of money in the stock market. But 2008 was quite an eye opener. It was during that mess that I realized that I was good enough at making money that I could make more when I needed it but that I also needed some way of protecting my wealth from inflation eating it and crazy market gyrations ruining what I had acquired to that point. That was when I got into buying PMs. I bought silver at first and liked its heft and luster a lot. Starting slowly, I ramped up my buying via buying more ounces every quarter. When silver rose to $35 an oz., I quit buying it and just saved my cash for a while. When it fell below $20 an oz. I started buying again. After that I started buying a little gold, an oz. here and there, mostly when gold was below $1200 an oz. Since then, my gold buying continues and I buy 5 coins every few months. Sometimes, these are 1-oz. coins but lately I have bought both 1/2 and 1/4 oz. gold coins. The premiums per oz. are higher on the fractional gold coins but I like the flexibility that they might give me in the future. With them, I don't need to sell a full oz. if my need for cash is only for a few hundred dollars. Way back in 1979, I did buy 3 $100 bags of junk silver at $17.50 per oz. of silver. I held them for a while and when silver hit $42 an oz. I sold 1 of them for cash. I did the same at $44 and finally at $46. The profit from this was what funded my early stock buying. Once I got into that I did not get back into PMs until early in 2010. This was kind of a crooked path to follow but it all worked out eventually. No regrets concerning buying PMs or most of the stocks I put some money into.
@jparkersilverstacker5128
@jparkersilverstacker5128 2 жыл бұрын
Great video I really enjoyed watching it! I’ve definitely gotta buy some more! Thanks for sharing
@2is1gold
@2is1gold 2 жыл бұрын
🤜🤛
@jparkersilverstacker5128
@jparkersilverstacker5128 2 жыл бұрын
@@2is1gold 👊🏻
@SilverHusky12
@SilverHusky12 2 жыл бұрын
Love me some maples. Keep up the fire, brother!
@2is1gold
@2is1gold 2 жыл бұрын
Thanks, Husky!
@john-ze7eu
@john-ze7eu Жыл бұрын
I buy a few. European gold just seems interesting to me. The small local shops I've called (out of curiosity), weren't crazy about buying them and their offers indicated that. I followed up with looking at JM Bullion and Bullion Exchanges buy back program. Both were reasonable. It's an option for those who might be worried...
@david.9633
@david.9633 8 ай бұрын
Thanks for the video
@calebdoner
@calebdoner 2 жыл бұрын
I really appreciate how you get right into the topic up front and ask for likes and subscriptions at the end. It makes me want to watch your videos. I just don't watch channels that spend the first two minutes begging for likes and subscriptions and pitching their channel. The best pitch for your channel is good content, and I'm going to "like" it if I like it, and I'm already going to subscribe if I want to hear more in the future.
@2is1gold
@2is1gold 2 жыл бұрын
Thanks, Caleb. Appreciate that. Cheers!
@edb3877
@edb3877 2 жыл бұрын
Amen to that, Caleb. I'm right there with you on this.
@journeyman6752
@journeyman6752 2 жыл бұрын
As an Aussie I don't really know the story about the gold confiscation in the USA apart from what I've read which doesn't paint the full picture. Would love a video on the whole story if you can.
@mrmostlyharmless
@mrmostlyharmless 2 жыл бұрын
True. You know, in the end, it’s all just gold. Just a metal. Shape it in whatever way you want it’s still gold.
@elizabethmurray5718
@elizabethmurray5718 2 жыл бұрын
Gold is gold. Maple leaves are beautiful. Am. Eagles seem to be the best and most popular though.
@davemi00
@davemi00 2 жыл бұрын
Helpful info !
@nathanr.494
@nathanr.494 2 жыл бұрын
2 is 1: "something about those maples." maple coin: "one of us, one of us, one of us." :)
@2is1gold
@2is1gold 2 жыл бұрын
Ha!
@youKnowWho3311
@youKnowWho3311 2 жыл бұрын
What a great vid on 3 is 2 this am. LOL Maybe I should be dumpster diving in my off time.
@2is1gold
@2is1gold 2 жыл бұрын
Sending my army of flying monkeys to properly deal with him. 😄
@Knife_Collector
@Knife_Collector 2 жыл бұрын
I have a variation of coins, but most are Britannia's and Kangaroo's. I want to get more pre-33, but for the price, I keep buying .999.
@2is1gold
@2is1gold 2 жыл бұрын
You have the low priced, high quality coins cornered. Cheers!
@shauncorless8965
@shauncorless8965 2 ай бұрын
Anyone not buying gold knows nothing about history or economics 😮
@johnmosby2631
@johnmosby2631 2 жыл бұрын
Better than that is a cigar, a cup of killer coffee and the old HK91, busting steel targets at 300 yards off the side porch.... btw, my first gold purchase was a Krugerrand way back, right after they enacted sanctions against SA.
@2is1gold
@2is1gold 2 жыл бұрын
Nice!
@brexit9279
@brexit9279 2 жыл бұрын
One thing about buying gold…..if it doesn’t go up now, it will go up in the future…it is never a bad idea to buy gold, unless you think you can “get rich quick” doing it!
@stephenvargas6134
@stephenvargas6134 2 жыл бұрын
St Patricks Day, Whiskey, and Gold. And lead and Brass…. Had to toss those in…😉🇺🇸🍀
@2is1gold
@2is1gold 2 жыл бұрын
Ha, yep!
@muhammadbaki1124
@muhammadbaki1124 2 жыл бұрын
If someone lives in the US, is there any type of reporting requirement on Eagles and buffalos?
@echoleaf9590
@echoleaf9590 Жыл бұрын
whats up with bitpay wanting facial and voice recognition to buy gold with crypto?
@andrewclodfelter3782
@andrewclodfelter3782 2 жыл бұрын
I love the Maple leaf as well.
@FreneticZetetic
@FreneticZetetic 2 жыл бұрын
Just got my monthly 1/10 AGE in, sir! Fourth month, fourth piece! Thank you for the inspiration.
@2is1gold
@2is1gold 2 жыл бұрын
Very nice!
@FreneticZetetic
@FreneticZetetic 2 жыл бұрын
@@2is1gold It's nice to see that tube starting to fill up a tad, I can say that.
@2is1gold
@2is1gold 2 жыл бұрын
Absolutely!
@friar1968
@friar1968 2 жыл бұрын
Gold and “Goldschalger?” and more gold? Good morning from Texas!
@2is1gold
@2is1gold 2 жыл бұрын
Ha!
@Scriobh
@Scriobh 2 жыл бұрын
I lost all my gold and silver in an unfortunate boating accident...that's worth remembering lol
@2is1gold
@2is1gold 2 жыл бұрын
😅👍
@richardr5878
@richardr5878 2 жыл бұрын
Maybe missed the most important fact. What’s the base of that Old Fashioned? Inspired me to had a bit of Blanton’s tonight.
@2is1gold
@2is1gold 2 жыл бұрын
Blanton's keeps coming up. Looks like I need to grab some. This was FourRoses single barrel. Cheers!
@friar1968
@friar1968 2 жыл бұрын
Gold and “Goldschlager” combo? Good morning from Texas!
@2is1gold
@2is1gold 2 жыл бұрын
Ha! This may be going too far! 😅
@ShutterEmotions123
@ShutterEmotions123 2 жыл бұрын
Love them maples ! Love em love em! Unfortunately I have to stick to the boring eagles for one reason . Fast liquidity.
@2is1gold
@2is1gold 2 жыл бұрын
Any time I've sold I've been happy I had Eagles.
@NickCadmium
@NickCadmium 2 жыл бұрын
I don't yet own a single fraction of gold. But when I do, you can be sure it will be a Canadian Maple. Two weeks ago, I saw a 1oz silver Maple winking at me before I knew what investing in PM was. I'm now the proud owner of 20oz of silver, with an investment plan that I've actually written down. Seems like I'm finally 'adulting'. Kudos on the charity work. Kudos on your channel. :)
2 жыл бұрын
Kruggerands are still the best buy here in Canada. $30 more for a Canadian Maple leaf.
@2is1gold
@2is1gold 2 жыл бұрын
How do you get around the tax on non 24k coins in Canada?
@Zephon9
@Zephon9 2 жыл бұрын
Maybe the 4th of July would be a better combo for the other two.
@downtownbun
@downtownbun 2 жыл бұрын
Is it bad that I started with bullion bars? I have started buying St Gaudens. Is that better?
@2is1gold
@2is1gold 2 жыл бұрын
The difficulty selling bars is a regional thing. They're perfectly fine in some areas. Cheers!
@arafatbukhari8845
@arafatbukhari8845 2 жыл бұрын
Excellent video. I only buy one type 24k Gold bars. I do buy different donamations anywhere from 1 Gram to 5 Tolas. ❤
@2is1gold
@2is1gold 2 жыл бұрын
🤜🤛
@rooster5085
@rooster5085 2 жыл бұрын
Love that dumpster gold! 🐓 What do you think of pre 33 gold? I’m sure you covered it at some time but don’t recall.
@2is1gold
@2is1gold 2 жыл бұрын
Right now, I only have a few $5 Indian Head Half Eagles. I'd like to grab more at some point. Cheers!
@bladesandbullion3881
@bladesandbullion3881 2 жыл бұрын
👏🏾👏🏾👏🏾👏🏾👏🏾 proud to be a fan of yours
@2is1gold
@2is1gold 2 жыл бұрын
Thanks!
@itslaterthanyouthink87
@itslaterthanyouthink87 2 жыл бұрын
Hey man, im in Australia there's a store here that has the proof high relief OX and they ship world wide if your still trying to buy one, I can share the link to the website. P.s This is one of my favourite KZbin channel Kind regards.
@SilverBritches
@SilverBritches 2 жыл бұрын
Well done on donating brother.
@2is1gold
@2is1gold 2 жыл бұрын
Thanks, Clean. Easy choice for me. I caught some good luck last month so it was an easy decision. 🤜🤛
@23Keith23
@23Keith23 Жыл бұрын
The maple leaf is how a gold coin should look gorgeous
@timdurpos3298
@timdurpos3298 2 жыл бұрын
I have a Kruger and it's pretty nice
@ColorOfMoney7
@ColorOfMoney7 2 жыл бұрын
I don't know what it is but when I have a few drinks I always wind up on Apmex buying gold
@2is1gold
@2is1gold 2 жыл бұрын
Can relate. 😄
@ColorOfMoney7
@ColorOfMoney7 2 жыл бұрын
@@2is1gold 👍👍😄😄
@moderndayennui4999
@moderndayennui4999 2 жыл бұрын
How do you feel about the more "weird" RCM gold? I just picked up the 1/2 oz pack of 5 of 2016 1/10 Gold Bars (technically coins, since there is face value) in assay. I definitely don't see it often so i bought it instantly.
@edb3877
@edb3877 2 жыл бұрын
Buying just about anything from a major sovereign mint is very likely to be a very good choice. If you are into unusual items, this could be just the thing. On the other hand, some things are rare because few among us care to own them. I doubt that will be the case with this, though. Yes, I might have bought those too just for them being unusual. I have 1 unusual item in my PM stack and that is a solid Lexan plastic case containing 5 US Franklin half dollars from the early to mid 1950s. I inherited this from my Mom and have not tried to sell it but it might be worth a little extra someday.
@2is1gold
@2is1gold 2 жыл бұрын
RCM is always great. I do try to stick to recognizable choices, though, in general. Cheers!
@moderndayennui4999
@moderndayennui4999 2 жыл бұрын
@@2is1gold its a welcome change to my usual gold maple purchase. If they were sold separately out of assay I would not have purchased it definitely.
@timdurpos3298
@timdurpos3298 2 жыл бұрын
Buy but don't sell unless you have no option
@coctailer
@coctailer 2 жыл бұрын
I didnt catch the name of the whiskey. :-) Must be well whiskey since there is foreign objects in it!! LOL
@2is1gold
@2is1gold 2 жыл бұрын
Ha. Old Fashioned. FourRoses single barrel bourbon. 🥃
@BDW-Pops
@BDW-Pops 2 жыл бұрын
Happy April Fools.... Enjoyed today' s video - If those are your mistakes you got little to worry about. I love a Gold Maple Leaf myself, and strangely enough mine were also involved in an unfortunate accident. Be well!
@2is1gold
@2is1gold 2 жыл бұрын
Ha, thanks!
@edb3877
@edb3877 2 жыл бұрын
Agreed. Those who could buy some gold and silver while they are relatively cheap but who do not will be the ones with the REAL regrets.
@achilles5197
@achilles5197 2 жыл бұрын
But that doesn't make much sense or am I missing something. If you sold 6 maple leafs it gets reported anyway due to the value being over 10k, in comparison to the 25 rule. I'd like to start stacking when prices pullback, but want to buy the right coin.
@2is1gold
@2is1gold 2 жыл бұрын
The Form 8300 for cash transactions above $10,000 is common. A 1099-b is different. It needs to be directly addressed on your tax return. Cheers!
@achilles5197
@achilles5197 2 жыл бұрын
@@2is1gold thank you👍
@FabalociousDee
@FabalociousDee 2 жыл бұрын
Better combination: Gold, Jack Daniels & Coke, and the works of Napoleon Hill. LOL
@2is1gold
@2is1gold 2 жыл бұрын
Breaking out the classics! 😄
@invisiblestacker
@invisiblestacker 2 жыл бұрын
The dumpster gold needs to be the last coin you ever sell, if ever.
@2is1gold
@2is1gold 2 жыл бұрын
Absolutely. I could never sell it. Cheers!
@CEGryphon
@CEGryphon 2 жыл бұрын
If you haven't seen it yet, go check out Silver Forever's video today. Hilarious Thanks for the good advice - some things I hadn't considered, like tax implications. I was drawn towards those roosters due to their price, but I think I'll get a 1/4 gold maple next. Back before I knew what premiums to look for, I got a 2022 1/4 gold eagle for $650. Mostly due to your videos, now I know :) If that's my worst decision, I'll count my lucky stars
@2is1gold
@2is1gold 2 жыл бұрын
😅
@brianbuchanan9838
@brianbuchanan9838 2 жыл бұрын
Thanks for the heads up about Silver Forever.
@Seekingsilver
@Seekingsilver 2 жыл бұрын
Gold is nice, a good father is priceless. Sounds like your kids might get both!👍
@2is1gold
@2is1gold 2 жыл бұрын
I'd like to think so, but I'm a work in progress. 😄
@erickisel8668
@erickisel8668 2 жыл бұрын
@2 is 1: I have made many past mistakes in my stacking journey but am learning each day watching channels like this. I just bought my first gold Buffalo at SD Bullion at 4.96% premium, not too bad in my opinion in the current market. My local shop had none and told me to get on the back of the line. Is supply that tight?
@2is1gold
@2is1gold 2 жыл бұрын
Local supply started getting tight about three weeks ago. It’ll clear up. Cheers!
@ComicCommando
@ComicCommando 2 жыл бұрын
I'd bet you those Russian premier knives have increased in value a whole lot more than the gold.
@2is1gold
@2is1gold 2 жыл бұрын
Yeah, I wonder what'll happen with Shirogorovs over the next few months. Cheers!
@DarioGalvans
@DarioGalvans 2 жыл бұрын
Can you do a video with just audio of you handling precious metals “ASMR” lol
@2is1gold
@2is1gold 2 жыл бұрын
It's funny how often I get asked that. 😄
@daleyfamily2179
@daleyfamily2179 2 жыл бұрын
That drink looks like an "Old Fashion" to me. Cheers.
@2is1gold
@2is1gold 2 жыл бұрын
Sure is. 🥃
@mattbachman5291
@mattbachman5291 2 жыл бұрын
Whisky & SILVER, when that ratio goes! Lol. Gold for the price of silver!
@jessepatrick4365
@jessepatrick4365 2 жыл бұрын
You sound and act like a Canadian. You must be from the northern U.S. lol. If I'm wrong I'm sorry. I love your videos. You have the voice of everyone's favourite high school teacher. Sending you likes from Canada, my friend.
@aaaaaaa1ism
@aaaaaaa1ism 2 жыл бұрын
I’ve sold half my stack a few days ago it felt great taking profit.
@2is1gold
@2is1gold 2 жыл бұрын
Congrats!
@edb3877
@edb3877 2 жыл бұрын
I can see doing that IF I had a need for a bunch of cash, such as to buy something I really wanted. Something like a beach house or a nice RV comes to mind. But not for simply holding a wad of cash.
@aaaaaaa1ism
@aaaaaaa1ism 2 жыл бұрын
@@edb3877 I’ve owned my gold for a long time and I only sold half so I’m still diversified. I have two adult kids that will benefit from my sale. I am blessed!
@edb3877
@edb3877 2 жыл бұрын
@@aaaaaaa1ism Sounds good, Howard. I was not being critical of what you did because only you know the big picture in your financial life. I also have 2 adult kids but the problem here is that one of them understands why one should own PMs and the other has no clue whatever. If it spends at the stores, it's money to her. If it does not spend at the stores than it needs to be sold until some folding stuff is exchanged for it. Sigh. One could say that I am batting .500 in this but I can see that my daughter will be having some real difficulties when things get bad. My son will be OK. He's a good money manager and investor and also appreciates owning some silver... and guns... LOTS of guns. Many of them are pretty good investments too with the value of some models rising quickly. My gold holdings are relatively recent, starting in 2013 or so. Maybe this makes me want to hold onto it a little tighter than if I had owned it for a long time? This will be my property tax insurance. If I can sell some each year to pay those taxes, we will be able to keep a roof over our heads in hard times. We'll use cash first, of course, since it seems to be approaching its "best used by" date.
@TrevForPresident
@TrevForPresident 2 жыл бұрын
I buy Street Fighter coins without question and blinders on premiums. Foolish can be fun and maybe I can impress my interests on my kids as they get older.
@2is1gold
@2is1gold 2 жыл бұрын
Hadouken! 💨
@dvvaughn564
@dvvaughn564 2 жыл бұрын
Looks high relief and proof to me.
@2is1gold
@2is1gold 2 жыл бұрын
Yep!
@Todd4America
@Todd4America 2 жыл бұрын
🥃 Have a great Sunday
@CampbellsCoins
@CampbellsCoins 2 жыл бұрын
Everyone knows the most foolish gold is FOOLS GOLD! Cutting loose with the drink, nice!
@2is1gold
@2is1gold 2 жыл бұрын
At my other stomping ground, I would have been able to just go outside and grab some pyrite/ mica. Here I had to fall back to bourbon. 😄
@CampbellsCoins
@CampbellsCoins 2 жыл бұрын
@@2is1gold Bourbon isn't a bad choice. Which were you sipping on?
@2is1gold
@2is1gold 2 жыл бұрын
FourRoses single barrel. I'm relatively easily impressed. 😄
@freeman7296
@freeman7296 2 жыл бұрын
I think I have 8 of the 20 franc coins - french, swiss and Tunisia - I got them cheap so I will just need to take my time selling them....thankfully I've done much better in recent years and my gold coin choices appear to be much better... if I could buy any gold at spot - I'll buy it...except maybe chinese gold.
@2is1gold
@2is1gold 2 жыл бұрын
Nice!
@freeman7296
@freeman7296 2 жыл бұрын
@@2is1gold those weird fractions of gold weight are a bit annoying so I guess I can't disagree too much.
@jacobmanalang8162
@jacobmanalang8162 2 жыл бұрын
bought my 2022 gold eagle 1oz for $2050 on the 1st but dammit i got it. i didnt wanna pay that much i mainly regret buying silver at such high prices when i could have put that money into gold. buy more
@jimc.4550
@jimc.4550 2 жыл бұрын
the best combination is diet coke and platinum!!! my first gold coins i bought was in the late 1960's from a private party for a steep price of $50 a ounce!!!! check out the 1099-K reporting as of Jan.1 2022 the limit was lowered a lot.
@2is1gold
@2is1gold 2 жыл бұрын
Yeah, I'm looking forward to the 1099 changes being rolled back. That just doesn't make sense. Cheers!
@633ohioc
@633ohioc 2 жыл бұрын
Hey I'm buying junk silver today for prepping.......April fools.
@2is1gold
@2is1gold 2 жыл бұрын
Ha! 😅
@incognitomontoya1131
@incognitomontoya1131 2 жыл бұрын
Newbie here. Junk silver is not to great of an idea? I stacked some. Not a lot. But some...im doing this wrong?
@633ohioc
@633ohioc 2 жыл бұрын
@@incognitomontoya1131 there is nothing wrong with junk silver....alot of people stack it...it's your personal choice what you want to stack. There is no right or wrong.
@AlohaStacker
@AlohaStacker 2 жыл бұрын
I don't think you were wrong, you sold the gold for a real reason and that reason ended up making you more... I like those roosters as well!
@2is1gold
@2is1gold 2 жыл бұрын
I have a love/hate relationship with the Roosters! 😄
@AlohaStacker
@AlohaStacker 2 жыл бұрын
@@2is1gold I have a love hate relationship Libertads... 😃
@edb3877
@edb3877 2 жыл бұрын
I agree. Over the years, I have made some stock purchases that turned out not to be so good. Gold, on the other hand, has NEVER failed to impress or do very well. But then, my gold buying has been VERY simple... Eagles and Maples, nothing else. Don't care about the 25 coin tax issue since I always pay my taxes when they are due. If I had a list of 1 million things that would benefit my life, hassling with the IRS would NOT be on it! lol
@palmerpalmer9823
@palmerpalmer9823 2 жыл бұрын
Sold gold at a loss? Not very smart. If your gold dealer knows what they are doing they would purchase any gold coin, if they know their business. I read about so many inexperienced gold shops.
@anthonys239
@anthonys239 2 жыл бұрын
A few days back I went to my lcs and sold my gold 1oz maple leaf. It was when gold was up a bit more than now. I took that money and bought a gold buffalo. For whatever reason I didn’t like it as much as I thought I would. I think because it’s a chunkier coin!🤣🤷‍♂️
@2is1gold
@2is1gold 2 жыл бұрын
The Buffalos grow on you (they grew on me at least). I didn't like them at first. Now, they're an easy favorite. Cheers!
@edb3877
@edb3877 2 жыл бұрын
I can see why you would think this because I also do not care for the Buffs. It's not that they are a bad coin or anything, I simply do not like the design... even on a nickel. lol But then, this is what coin collecting is all about... doing what appeals to each of us. To those who like and buy Buffs, good for you guys and gals. I won't be bidding against you for those coins and pushing up their prices. 😉
@anthonys239
@anthonys239 2 жыл бұрын
@@edb3877 haha, I agree completely. Stack what you like. As long as it’s easy to liquidate and it appeals to you that’s all that matters!🤠
@edb3877
@edb3877 2 жыл бұрын
@@anthonys239 Right on, Anthony! There are so many ways that we can create a PM stack that suits us, so having lots of choices is a good thing. I can see how those new to PMs should be getting some advice on what to buy, in general, so that they don't load up on a lot of stuff that looks nice but that doesn't have a lot of resale potential. Some of the private mints put out a lot of sets that probably won't sell for half what was paid for them and sometimes even gold plated stuff that looks great but that has very little value.
@texrifleman
@texrifleman 2 жыл бұрын
A Manhattan in lue of the Old Fashion
@2is1gold
@2is1gold 2 жыл бұрын
Easy swap. 🥃
@tim1883
@tim1883 2 жыл бұрын
You are more like a coin collector than a bullion stacker. We are like the dwarves in middle earth...hypnotic indeed. Common date US constitutional 20 dollar gold pieces, more viscous than water.
@2is1gold
@2is1gold 2 жыл бұрын
The collector side is almost its own thing to me. 80-90% of what I have is straight, no-frills bullion. It all grabs me, though. Cheers!
@zandersohn4283
@zandersohn4283 2 жыл бұрын
It looks like you’ve accumulated quite a large ship of fools here in the comments of your videos, I’m happy to be one of them-
@2is1gold
@2is1gold 2 жыл бұрын
Ha, welcome!!
@TheSupercrosseyed
@TheSupercrosseyed 2 жыл бұрын
You got Hickok 45 on the pirate ship of fools!!
@Lgtg1947
@Lgtg1947 2 жыл бұрын
Queens Beasts are my fav. I’ve bought each stunning design 👍 Sovereigns my 2nd fav,,,bought 32 of them at auction house 2019 at £200 each when gold price was £973 per ounce 😃
@Jamie.2023
@Jamie.2023 2 жыл бұрын
😅 What auction?
@Lgtg1947
@Lgtg1947 2 жыл бұрын
@@Jamie.2023 T R Callan Ayr Scotland. Bought 32 excellent condition vintage half sovereigns between Feb - April 2019. Paid £120 each for them including commission, NOT £200 as in my 1st comment 🤦‍♀️ Gold dealers selling them at £220 ish just now 👍
@patrickdennis7041
@patrickdennis7041 2 жыл бұрын
Nice Knife. Do a video on your Knives. I stack them also.
@2is1gold
@2is1gold 2 жыл бұрын
Thanks! I just made one on the other channel to scratch the surface. Cheers! kzbin.info/www/bejne/qKq7nKmkmaxgiK8
@longgamestacker2122
@longgamestacker2122 2 жыл бұрын
My "foolish" early buys were a 1oz Kangaroo and a 20g Combi Bar. Keeping them just to avoid the hassle of selling them off, though a Buffalo would be a nice replacement 🤔. That was so early on when I put the brakes on silver. I wish there was a way to flip my Bourbon stack into gold, though. Try Barrell Bourbon, if you haven't. Cheers!🥃
@2is1gold
@2is1gold 2 жыл бұрын
I’m going to have to work to catch up to these Bourbon recommendations! I just grabbed som Blanton’s this afternoon. Cheers!
@everythingelse3086
@everythingelse3086 2 жыл бұрын
Too much Bourbon is a thing yet too much gold isn't
@johnstudd4245
@johnstudd4245 2 жыл бұрын
I don't know any dealer that would hesitate accepting a kangaroo.
@bigjay875
@bigjay875 2 жыл бұрын
Add some 100 oz silver bar🎉😊
@pudendajohnson1932
@pudendajohnson1932 2 жыл бұрын
Casual Liz.🤣
@2is1gold
@2is1gold 2 жыл бұрын
😉😄
@MattDeckard
@MattDeckard 2 жыл бұрын
Did you just find out about the maple leaf tax like me? The internet spreads things in controlled ways. The KZbin moneyman is watching us.
@2is1gold
@2is1gold 2 жыл бұрын
I've known about it for a long time but didn't know when I bought my first. Cheers!
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