What Do You Want The Gold Price To Do?

Thanks for watching, looking forwards to chatting in the comments.
Discount code £10 off at www.thegoldbullion.co.uk
"0A319" Even works on their competitively priced best value sovereigns
Would you like a free 1 oz Silver Britannia on your next gold order?
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Currently Bullion By Post have a referral offer if you sign up through my link and make a qualifying order as a new customer. Alternatively use code 'NS5DZ7WX' when you're signing up to the website in the 'how you heard about us' section.
Multi Use Capsules with foam insert
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The Gold Sovereign Series - Marsh (Fantastic resource for sovereigns - The new version is due out later in August 2024 - I have pre ordered which is currently on a 23% discount ... 2nd link)
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The Gold Sovereign Series 2024 Edition
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Coins of England - Spink (A lot of info for sovereigns but also other British coinage)
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Sigma Precious Metals Verifier I use
UK ebay.us/uBTpot OR ebay.us/zGLAnw. I don't know either of these sellers personally.
For the USA I found this seller ebay.us/5OW7vF
22.5mm Capsules (Sovereign, 0.25 oz Britannia etc)
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Coin Tube (Sovs and 0.25 oz inside capsules)
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33mm Coin Capsules (Gold 1oz Britannia recent years)
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Digital Scales (small)
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Leather £1 Coin Holder (The blue and red ones I have in the videos, note I don't store coins in these long term they're more for show in the video but haven't done any damage)
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This video should not be taken as financial advice and is for entertainment only
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[@jamiefrost2091]

My sovereigns don’t give me an income but they do save me money by not going out and spending money ( I just enjoy staying home, playing and looking at them🎉). I save lots of money by doing that 🤣. Thanks, as always.

[@SovereignSaurus]

Well said

[@keziahdelaney8174]

I feel the same. I satisfy my over consumerism and still i don't loose money.

[@shauncorless8965]

Turn paper into gold ,,😅,I remember buying 4 sovereigns for £100 , now be lucky to buy 3 for £1000😮

[@SovereignSaurus]

Yes £330 a coin seems a long way in the past

[@christophermccormick8670]

Gold price to me doesn’t matter because gold always holds its value, fiat currency fluctuates and doesn’t have a good track record of consistent purchasing power. I’ve been at it since 1986 and gold has never disappointed. Cheers 🥃

[@SovereignSaurus]

🍻 Coming up on 40 years congrats

[@Tomosappiah]

Iv watched and read alot online. I am 30 .I have a small amount of cash savings. I have a small amount of stock . But in the next week I'll be starting to buy in incremental bits of gold. My first buy is likely to be five half sovereigns. Thank you for the videos .

[@SovereignSaurus]

Cool sounds like you're doing well 👍🏼

[@lukespooky]

a dip would be nice, I only have 2 sovs

[@SovereignSaurus]

Yeah 👌🏽

[@stephenparker5241]

In the uk people have not had a payrise since the early 1980s when you factor in inflation and price rises, the buying power of the British pound decreases significantly every year.

[@SovereignSaurus]

You certainly need a lot more of them to buy most things

[@monkey39128]

I've not thought too much about what it might do. I like collectibles investing which is very risky so I like having gold (and silver) as something safer that I invest in at the same time. I love collectibles but they aren't as steadfast as gold and never will be. If it keeps up with inflation I'll be happy. Anything else is a bonus.

[@SovereignSaurus]

It has to be one of the top things for collectors like you say. There's some value to it always

[@1977JohnBoy]

i wanted it to stay around £1580 spot and get to 20oz but end of the day you gotta just pay what it is and treat it like the s&p and just keep stacking at any cost

[@SovereignSaurus]

In reality we're only 3 or 4% above that

[@1977JohnBoy]

@@SovereignSaurus have you ever had problems buying gold, my bank blocked me from buying 2 gold coins recently and made me think of how you managed to buy 100 sovs!

[@bullionaddict9164]

My expectation for gold is that when it comes time to liquidate at retirement, it will have gained in value enough to supplement my income.

[@SovereignSaurus]

Good plan 👌🏽

[@strategicstacker]

Gold is like an insurance, against hard times. As long as it conserves wealth over the long term and is available for a time it may be needed, it is a success. It of course is nice if it also appreciates in real terms, but that isn't always certain.

[@SovereignSaurus]

Well put

[@Averagestakka82]

My expectations are to have some wonderful pieces like yaself, you give me drive to buy more, im happy to collect and sit on and pay whateva the todays price as we will never loose money hopefully, my way of saving as i carnt save cash, awsome video pal, keep up the good work 👌👍

[@SovereignSaurus]

Looking back at the past gold has performed reasonably well In the longer term. Hope it looks after you well in the future

[@roguetrader100]

(before watching video) MOON!

[@SovereignSaurus]

🤣🚀 Had a good finish to the week

[@wolfstacker]

Like 32🎉 Great video, today gold spot price is £53, better than last year, next year or in 5 -10 or 20 years will be much better. Good choice stacking gold, buddy.

[@SovereignSaurus]

Thanks Wolfie

[@philipbant657]

I want it to go down so that i can buy more, then, when ive spent out, I want it to go up. Just edging against inflation for my kids and grand kids.

[@SovereignSaurus]

Nice 👍🏼

[@transientstacker4310]

The gold price has almost doubled since I started buying in 2019, part of the reason I sold off a lot of my gold. I’d like to rebuild my stack so I wouldn’t mind if it went down but I still have a lot of gold left so I don’t mind if it goes up or stays the same.

[@SovereignSaurus]

Win win win 😁

[@philpots3216]

It's about buying power, if 13 oz buys a nice car now it should buy a nice car in 30 years, its not about profit, its about value. No point leaving 20k in the bank for 30years. I'd like to see it come down to 13500 like 3 years ago, I don't like buying in an all time high market..with ratio to silver at near 90-1 I'd be buying silver if we didn't have VAT but that said I don't bother with silver, its a pointless asset unless you started 20years ago..

[@SovereignSaurus]

Very well put 👍🏼

[@auricgoldfinger8249]

The price isn’t HUGELY important to me. I would rather have cash than gold, so when i need money i take it out the gold rather than the bank! Having said that as you know i plan to pay off my mortgage this year so higher the better by November then a huge crash 😂

[@SovereignSaurus]

Good points. If the price pushes much higher it might tempt a few sellers

[@auricgoldfinger8249]

@@SovereignSaurus just realised - i meant to say i would rather have gold than cash 😂 When the price soars like this i always wish i had never sold a bean, but ultimately the gold i have sold has served its purpose for me and saved me taking funds from elsewhere like an ISA

[@shrimpman8422]

another thought provoking video, want gold to remain at £1650 then cashing out a quite few bullion Oz's and dare I say it some sovs. Looking forward to your opportunity cost video comparing gold vs other investments. As you stated gold has not done so well compared to other investments unless you timed purchasing in dips and sold on highs. The other issue is that its difficult to enjoy gold as you need to keep deep storing and retrieving in case of theft. i really enjoy physical gold and its a great hobby, collecting, learning and a long term safe haven for storing money but i don't believe many would deem it a way to turn over large sums of money ( unless your a dealer ). Keep up the great work and a lovely backdrop some really beautiful coins

[@SovereignSaurus]

Good points it might be doing you a bit of a favour of you're planning on cashing out, quite a large move the last 2 trading days

[@shrimpman8422]

@SovereignSaurus I always appreciate you taking the time to reply and make your informative videos. Look forward to your next video. Keep up the brilliant work

[@harryzero1566]

right now if gold could be acquired at 4 sovereigns for £1000 I could pick up a couple of desirable 1oz without any problems

[@SovereignSaurus]

Yeah would be nice for shopping at those prices

[@harryzero1566]

@@SovereignSaurus This week I went for loose proof sovereigns, and got 8 different dates, some of which closed my 1983 - 1993 gap, and as a bonus my local coin man saved me 2 Victoria shield back half sovs. By the time I received the proof sovereigns the price would have cost me a further £100.

[@davidporter9131]

Go up. But not quickly. Sudden increases tend to beget sudden drops as profit is taken.

[@SovereignSaurus]

👍🏼

[@nerduk1706]

yes a little dip would be nice! lol but in generalit just protecting my saving from me! my plan is a top up to my retirement and also hopefulley a large pot left over to pass down to my children.

[@SovereignSaurus]

Fantastic 👌🏽

[@seminumismaticguy8575]

Id like it to stay relatively low for next ten year for accumulation, then raise dramatically over next 30 years then i dont care as ill be dead, but i dont think it will do that. For me buying gold is spending without spending and will help in retirement

[@SovereignSaurus]

Spending without spending 👌🏽😁

[@seminumismaticguy8575]

@@SovereignSaurus I get my need for new shiny stuff without loosing my arm or leg or both

[@pjanoo6973]

I want Gold to drop to 10 dollars an oz so I can buy as much as possible 😂

[@SovereignSaurus]

Haha there might be a queue

[@daviniarobbins9298]

The gold price hasn't gone up with inflation. If you bought a 1oz gold coin 2 years ago you have lost out to inflation by about £82.

[@Goldylocksss]

Ouch!😢😢

[@Afterasimplelife]

I was gonna say similar. It's much more volatile than cash however by purchasing gold you feel you have brought something with your cash but after losing the premium it will hopefully hold its value.

[@jamesdoe3713]

If you want a real life example of what gold has done. In 2004 it cost me $500 AUD (1 weeks wage) per ounce while I was working as a lifeguard in a theme park. Now with a teaching degree and teaching job it costs $3250 AUD (just under 3 weeks wages) per ounce. Do you see what's happening?

[@SovereignSaurus]

My experience with gold is that it isn't exactly the same each year and it depends a lot on when you bought too, times when it out paces and times when it lags

[@johnallen3423]

Just bought the 1924 sov M ngc ms 63 + from BbP....for £812 any thoughts?

[@SovereignSaurus]

Very nice 👌🏽

[@88amona]

Nice bro 🤙

[@SovereignSaurus]

🤙Thanks