What I Learned Buying Gold Coins For 10 Years

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2 is 1

2 is 1

Күн бұрын

This video covers all the advice on buying gold I've picked up from more than a decade of stacking gold coins. In it, I'll drop some numbers to show how gold value adds up through scheduled, consistent purchases and drop some accounts of selling gold and how those experiences have changed my strategy.
NOTE: I am not a financial planner. I'm just a guy on the internet, talking about precious metals. Always do your own research before buying gold or silver.
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Пікірлер: 399
@carlshawver7332
@carlshawver7332 3 жыл бұрын
Good video. Appreciate the analysis. I typically buy high, sell low, have a stiff drink. Repeat.
@2is1gold
@2is1gold 3 жыл бұрын
Sounds familiar. 😁
@whoops8412
@whoops8412 3 жыл бұрын
Felt that to the core of my soul
@sannypatel2026
@sannypatel2026 3 жыл бұрын
Dude you are crazy. Gold is a long very long term investment.
@whoops8412
@whoops8412 3 жыл бұрын
@@sannypatel2026 everyone treats their investments differently. Much like some people flip houses, perhaps Carl flips precious metals. As we all know too well the panic of buy now buy high- and then the panic of get out now sell low 😂😭
@sannypatel2026
@sannypatel2026 3 жыл бұрын
@@whoops8412 right, thanks for sharing 😂 😂 😂
@jasonbourne9392
@jasonbourne9392 3 жыл бұрын
I started buying gold in 1986 at the beginning of the AGE run as a teenager, and never stopped buying. Simply put, I always loved the enduring characteristics of gold. Silver, too. Averaged buying price over these many years is a little over $600 per oz just buying on the dips, but never chose to sell. Trying to time metals prices on when to sell is tough challenge that I decided not to attempt for no real reason, I suppose. Keep stackin’!
@2is1gold
@2is1gold 3 жыл бұрын
That’s fantastic. I wish I had an average cost of $500!
@faheemakhter9966
@faheemakhter9966 Жыл бұрын
Hellow I have old golden 1820 British coin I'm interested sell this
@colindavis1496
@colindavis1496 6 ай бұрын
​@@2is1gold...Hello, I'm a new gold purchaser and had a question. I checked some online prices and can see that new 2024 Maples appear to be approximately $90.00 cheaper for purchase than the Buffaloes, the Maples I thought were just as attractive and desirable and maybe even more so. Can you please explain why there is such a variable in price between the two, I'd much appreciate it...thank you...?
@RogersMgmtGroup
@RogersMgmtGroup 3 жыл бұрын
The best time to buy gold and silver was 10 years ago but the second best time is now.
@2is1gold
@2is1gold 3 жыл бұрын
🌳
@480Grains
@480Grains Жыл бұрын
I’ve listen to this video at least 10 times. By far the most informative one to help with new stacking goals
@2is1gold
@2is1gold Жыл бұрын
Thanks for the note. I better go back and check it out again! 😄
@thinkforyourself9311
@thinkforyourself9311 3 жыл бұрын
The number one reason you are a gold man is because of your experience. Probably the reason why your channel is one of my favorites is because I know you are telling the truth. I've been there and done that too. I can definitely agree with your knowledge.
@2is1gold
@2is1gold 3 жыл бұрын
I appreciate that a lot, Cowboy!
@skepticcontrarian7477
@skepticcontrarian7477 3 жыл бұрын
Been stacking for almost a decade but only got into buying gold in 2014. But been regularly purchasing silver since 2011. Was slow and steady in stacking not because I wanted to, but because I did not have much to purchase with. Thanks for sharing your experience. Good vid.
@2is1gold
@2is1gold 3 жыл бұрын
Thanks! From a price perspective, 2014 was a great time to jump on gold. And if you were buying silver in 2011, you know what I'm talking about. That run up to $50 was crazy!
@skepticcontrarian7477
@skepticcontrarian7477 3 жыл бұрын
@@2is1gold Worst time for me to start stacking silver, actually. But things have turned out alright so far. Things will only get better for us stackers, I expect. Cheers.
@doogcat
@doogcat 3 жыл бұрын
Love your story i found myself in part of your story for me ive been buying and selling over the years and i found out when you have it to sell that is the point that was the purpose of saving it to use it when you need it life is short my friend i just thank GOD i have the money to continue to buy regardless of the price so to all that can purchase a piece at a time do it it will payoff in the long run some precious metal is better then no precious metal any day keep stacking im (sub) ty
@2is1gold
@2is1gold 3 жыл бұрын
It's a fantastic emergency reserve! Thanks for watching!
@lovebutton7850
@lovebutton7850 3 жыл бұрын
You are one of the most rational PM investors on KZbin. Great commentary as always.
@2is1gold
@2is1gold 3 жыл бұрын
Thank you LB! I appreciate that!
@ticktology
@ticktology 3 жыл бұрын
Great video 👍🏼 when people first discover gold/silver, a lot of them are so gung-ho and pour all of their fiat into it thinking it is the best vehicle to “invest”. These KZbin videos don’t help either when stackers show their collection of 1oz gold coins *cough, cough* 🤣. I have a quite similar story to yours. I started in 2011, at 17 years old. I was dumping all of my petty savings into metals. It dropped, and dropped, and dropped and I was eventually fed up, discouraged, and bored. I ended up completely stopping around 2014 and as a college student, sold everything because I needed the cash. Things are a bit different today, as I am 40% gold/silver, 40% long term stocks, and 20% cash. I’m in a much better place today and all of my cash isn’t tied up in metals. Not living paycheck to paycheck is great, and I hopefully don’t have to sell anything if an unexpected expense props up. You’re right though, gold is a good vehicle to store savings because some people just aren’t great at saving! If most of my money is in a bank account, I’ll start finding things to buy. Whether it’s guns, knives, tools, cars, video games, etc. In today’s world, people’s lives on social media can sometimes appear to be unrealistic, lavish, or perfect and we tend to try and emulate that in some ways.
@2is1gold
@2is1gold 3 жыл бұрын
Good perspective! And I can completely see how that would have worked out in college. I'm sure I would have done the same. On the show and tell pressure, I pull out coins I think I might reference in a video, and I always seem to start stacking them up when I'm talking. I should just limit myself to 3 or 4 coins to grab from! 😁
@billyhurst4319
@billyhurst4319 2 жыл бұрын
Excellent summation my friend !
@rawlinch
@rawlinch 3 жыл бұрын
Definitely appreciate and second your advice on sticking with Eagles and Buffaloes. Good to have coin that will always be wanted by buyers
@2is1gold
@2is1gold 3 жыл бұрын
Absolutely. I'm picking up a few other coins this year, but that will always be my base. Thanks!
@bullionaddict9164
@bullionaddict9164 3 жыл бұрын
Consistency is truly the key. It's like putting into ones 401K at work over the long haul is where the benefits are reached.
@2is1gold
@2is1gold 3 жыл бұрын
For sure!
@CapitalCurrency
@CapitalCurrency 3 жыл бұрын
I sprinted from December 2019 to April 2020. I purchased 500 ounces in that time frame. The good thing is they were not as expensive as they are now. I’m still pretty new to stacking. Before that I was putting all my money into sports memorabilia so my daughter would have something to sell when I was gone. I wised up to silver and gold and stopped buying the memorabilia in December and started with silver & gold. I have not bought any since April though. Awesome video!
@2is1gold
@2is1gold 3 жыл бұрын
I have a bit of sports memorabilia too. Thanks!
@CapitalCurrency
@CapitalCurrency 3 жыл бұрын
Cool! I was thinking about making a video with all of my Washington Capitals Hockey stuff. So many autographed pucks, sticks, pics, cards. It was an addiction for a while. I also had season tickets for many years.
@followyourpassion8378
@followyourpassion8378 2 жыл бұрын
I am guessing, that someone who owns 50 to 100oz has a gross income of 100k USD/year and someone, who owns 400oz, has 300k/year. Would you pls ost a comment, if I am in the right ballpark?
@CapitalCurrency
@CapitalCurrency 2 жыл бұрын
I myself am unemployed. I got laid off last year after working a job for over 21 years. I was let down to say the least. So I’ve just been spending time with my daughter and letting the booger pass. Even when I was working I didn’t make 100k. I was around 70k. I actually traded in some other assets for cash to turn into silver & gold. It’s important to make your money make you money on top of what you do for a living. I had built up quite a nice IRA with an amazing financial advisor. She turned my money into much more and I took the profits and turned it into Metals.
@followyourpassion8378
@followyourpassion8378 2 жыл бұрын
@@CapitalCurrency Thank you for sharing. Spending time with your daughter is the best thing to do anyway. A company forgets you 1 week after you are out.
@ashley0423399993
@ashley0423399993 2 жыл бұрын
"Patience is a virtue". 👍🏻 I shall continue to stack gold.
@midamericaaviation1648
@midamericaaviation1648 3 жыл бұрын
You’ve bought more aggressively and more recently than I and the lessons you’ve learned are largely germane to any level of “stacker.” Great video
@2is1gold
@2is1gold 3 жыл бұрын
Thank you!
@thedadgenius2545
@thedadgenius2545 3 жыл бұрын
So true about taking a break buying bullion so I incorporated my numismatics purchases so I won't get bored. Congratulations by the way about your stats!!Keep it up!
@2is1gold
@2is1gold 3 жыл бұрын
Good plan. Keeps it interesting. Thanks!
@TheLipsick
@TheLipsick 3 жыл бұрын
Thankyou for making these videos. You sharing your experience and mistakes are saving people thousands.
@2is1gold
@2is1gold 3 жыл бұрын
I appreciate you watching!
@tonytocanova
@tonytocanova 3 жыл бұрын
Gold is actually a pretty bad hedge against inflation. A lot people wrongly assume that it would be a good hedge, but you can look at all the historical pricing data vs inflation... its hit or miss. Now, gold is a pretty good hedge against low interest rates, and I think that’s where people get confused.
@2is1gold
@2is1gold 3 жыл бұрын
Yeah, it's not directly, inversely correlated to any one thing. If we wanted to get closer, we'd say it's a hedge against bond yields, which are tied to interest rates and inflation.
@Jmsadv
@Jmsadv 3 жыл бұрын
New to buying Sliver and Gold. Your videos have helped educate me alot, thanks, just bought my first Silver Eagle.
@2is1gold
@2is1gold 3 жыл бұрын
That’s great. Thanks for watching!
@abubakarrkargbo511
@abubakarrkargbo511 3 жыл бұрын
Am a local dealer for Gold dust from Sierra Leone feel free to contact me on advice of buying GOLD
@DB2A7
@DB2A7 3 жыл бұрын
Great vid. Ups and downs, highs and lows. I too have purchased in both markets. I've always been in for the long haul, kind of a buy it and forget it, stash it in the safe. I worked a commission job for years and while those checks varied. No matter what I would make at least one purchase a month. I started out with tenths, some months I could only grab a gram or two. Other months it was quarters or even a full ounce. Sure, ive flipped a few here and there. But, it all adds up in the end. Opening that safe and pulling out all the things I had purchased and kinda forgot about, wow. The question is, do you sell a few things and take those gains. Or do you continue to hold. It's a good time to clean up the stack a little, sell off some items that maybe dont fit your current direction or maybe have higher premiums. Know when to hold em and when to fold em. ✌
@2is1gold
@2is1gold 3 жыл бұрын
Good to hear your perspective. And, yeah, if the gold I had wasn’t so uniform right now, I would definitely be cleaning it up - taking some profits right now and coming back in on the next correction. Cheers!
@mth469
@mth469 3 жыл бұрын
Someone years ago once posted a picture of a sling shot being pulled back with the wording "Not seeing double digit interest rates yet? Keep holding (gold)". It was some such wording and it made all the sense in the world to me. The time to sell gold is when interest rates hit double digits. Even so, I would think it would be foolish to sell everything off at once for fiat..
@Alan7997
@Alan7997 3 жыл бұрын
I think people feel it in their bones that something awful is coming economically speaking. The amount of people buying gold and silver has skyrocketed along with the number of people paying off debts and stashing their cash under the mattress rather than having it in the bank.
@2is1gold
@2is1gold 3 жыл бұрын
There’s definitely a higher level of anxiety. For good reason. Take care!
@TheLiamis
@TheLiamis 3 жыл бұрын
Ditch all the cash, cash has zero value due to no backing and quantitative easing.
@alexpearson8481
@alexpearson8481 3 жыл бұрын
Agreed. This Ponzi scheme (western governments perpetually borrowing from the future) won’t continue. It’s like a leaning tree, it leans more and more each year. It could fall next month, it could fall in 20 years. But it will fall. It’s become common knowledge now. IMO. I’d love gold to drop so we can pick up a bit more, but I doubt it will drop for this reason. Gold does not really increase or decrease in price. Gold is the price. It’s really the relative devaluation of the dollar that creates the illusion of gold increasing in price. It takes more and more dollars to pay for one Troy. Classic deflation. It’s happening faster then we realize.
@irishgoldstacker8018
@irishgoldstacker8018 3 жыл бұрын
Such a great video dude. I'm a fractional gold stacker, the usual size is 1/4oz. If I can get one of those every six weeks for... well indefinitely, I'll be a happy man. Thank you for your video. Liked and subbed.
@2is1gold
@2is1gold 3 жыл бұрын
Thanks! I bought 1/4 oz for so many years. It accumulates quickly!
@annajohnson3309
@annajohnson3309 Жыл бұрын
Is a 1/4 oz the same as a 1/10 oz ?don't understand none of this.
@SovereignSaurus
@SovereignSaurus 3 жыл бұрын
Always grateful for insights from those more experienced. Thanks
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching!
@nick540
@nick540 3 жыл бұрын
Great video. We started stacking good at a similar time. I started stacking gold in 2011. Stupid time to start. Would love to see your full gold stack if you would ever consider doing a video of your gold stack.
@2is1gold
@2is1gold 3 жыл бұрын
It was definitely a bad time to start, but it makes for good perspective! Still warming up on the full stack idea! 😂
@moriorinvictus
@moriorinvictus 3 жыл бұрын
I ponder these scenarios ALL THE TIME.
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching!
@firearmsstudent
@firearmsstudent 3 жыл бұрын
Thanks for sharing your advice and experience!
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching!
@shehbaz89
@shehbaz89 3 жыл бұрын
Just watched 2 of your videos.. great content! Subscribed! Greetings from Germany
@2is1gold
@2is1gold 3 жыл бұрын
Thank you!
@jplifts3008
@jplifts3008 3 жыл бұрын
I am more of a collector than anything else. I like having rare coins and pre 33 gold more than modern bullion.
@2is1gold
@2is1gold 3 жыл бұрын
I can see the allure, but I've never ventured into the collector arena.
@jplifts3008
@jplifts3008 3 жыл бұрын
At least your stacking seems to have worked out well. Most people haven’t even thought about it.
@SilverLife-oi4ng
@SilverLife-oi4ng 3 жыл бұрын
Did you see the Charlie Brown gold coins
@peterpete3125
@peterpete3125 3 жыл бұрын
Those $20 liberty head gold coins are just gorgeous.
@2is1gold
@2is1gold 3 жыл бұрын
@@jplifts3008 yeah, I'm surprised it's not more mainstream. Particularly silver given the price.
@Corkfish1
@Corkfish1 3 жыл бұрын
Very prescient analysis. Your instincts proved correct given the mystifying decline in gold over the past couple of months. Have you changed your opinion or are we looking at some further decline?
@2is1gold
@2is1gold 3 жыл бұрын
We could see it go further. Lots of signs right now pointing upward, though.
@Manning_Family
@Manning_Family 3 жыл бұрын
Great breakdown of the 30 ounces over 10 years. Very telling, and an excellent lesson for noobs. Also, those people that sold on the highs don’t technically exist. I’m quite certain they only used the proceeds to buy more. ;)
@2is1gold
@2is1gold 3 жыл бұрын
Thanks! Sellers are extremely rare! I think you’d have to be a serious investor or a retiree to want to sell!
@jeremylawson6648
@jeremylawson6648 3 жыл бұрын
lol i’m a noob i’m like 🤔 Interesting
@66block84
@66block84 3 жыл бұрын
I was buying silver in the run up to 2011. My last purchase was at $42.00 per ounce. I should have sold it at the peak. I bought some more over the last 9 years, $15.00 was the lowest. The worst thing to do is shoulda, coulda woulda. Just try to hold on and sell at a profit.
@silversandbox3566
@silversandbox3566 3 жыл бұрын
Great video! I just started stacking Precious Metals in August and this video helps a lot! Hope you had a great Thanksgiving! :)
@2is1gold
@2is1gold 3 жыл бұрын
Thank you!
@monte4150
@monte4150 3 жыл бұрын
Very beautiful breakdown. Great video my friend.
@2is1gold
@2is1gold 3 жыл бұрын
Thanks, Monte!
@juicestacker1950
@juicestacker1950 3 жыл бұрын
This was another great video I believe in being consistent a lot lol hard to start easy to achieve if the mindset is on track.. thanks amazing video !
@2is1gold
@2is1gold 3 жыл бұрын
Thanks, Juice! Definitely easier once you get rolling!
@DominicTomaio
@DominicTomaio 3 жыл бұрын
I have two questions. 1. I went on SD bullion website and an American Eagle for 2020 is $2023. A 2021American eagle is $1934, why the increased price difference for 2020? 2. If an American Eagle is $1934, and the price of gold is $1784, and the premium is about 7.8%, is that a good price at this current time? Thank you in advance for your time and consideration.
@2is1gold
@2is1gold 3 жыл бұрын
2020 AGEs are just very scarce right now, that's why they cost more. 7.8% isn't terrible. 6% is what you'd want. Cheers!
@abubakarrkargbo511
@abubakarrkargbo511 3 жыл бұрын
Gold was short in the industry due to the Covid-19 outbreak,even in Africa it affected mining communities in my province. But it's the best investment at this particular time,because the production is very high now.
@elefantrising
@elefantrising 3 жыл бұрын
Underperforming assets is way better then FIAT you don't have.
@TheLiamis
@TheLiamis 3 жыл бұрын
Underperformance of metals is due to market manipulation. It will correct soon and skyrocket when it does.
@LucyStacks
@LucyStacks 3 жыл бұрын
Just want to say thank you for sharing your insight I really appreciate it. I think 1/4 oz is a good doable goal for every month and I love the average you give at the end. That is great! Obviously I’m very knew so these videos r life for me thank you! I love your channel and videos. It’s very refreshing to listen and learn from a THINKING INDIVIDUAL I love the breakdown. Please keep these coming 😎
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching, and thanks for support!
@VerticalStacker
@VerticalStacker 3 жыл бұрын
Slow and steady wins the race. I need to learn that principle. I’ll drop thousands, then nothing for months waiting for dips, etc. I’d be better of dollar cost averaging I think.
@2is1gold
@2is1gold 3 жыл бұрын
I do both, and I’m pretty sure my DCA is winning. I let fun cloud my vision! 😁
@polarroller
@polarroller 3 жыл бұрын
I alternate between physical gold and silver vs crypto currency. When gold is too high, I buy alt coins or bitcoin.
@2is1gold
@2is1gold 3 жыл бұрын
Good plan! I buy Bitcoin and Ethereum too. Wish I would have started that sooner!
@SilverStoll
@SilverStoll 3 жыл бұрын
When stimulus checks turn to gold. Thats a good idea. Lol mine turned into brass and copper
@elparnell
@elparnell 3 жыл бұрын
I think we all have to make some of those mistakes early on. We have a tendency to not take advice of others who have already made them. Kind of like listening to our parents. Those mistakes sink in and guide us in future decisions.
@2is1gold
@2is1gold 3 жыл бұрын
Yeah, experiencing something firsthand is always going to sink in deeper. I would have taken some gold buying advice early on, though. It just wasn’t out there 12 years ago, and the LCS owner was a grump. 😆
@elparnell
@elparnell 3 жыл бұрын
I have definitely thought about my strategy and adjusted some by watching your channel. Some of your suggestions have fit in line with my goals. More focused on larger fractional AGE to eventually get some 1 oz AGE and Buffalo’s and staying away from things that may not sell in case I have to sell. Thanks and keep the videos coming.
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching. I have something to show later this week (I hope) that I wouldn’t normally recommend, much less buy. So much for taking advice!
@silvergoldsaver779
@silvergoldsaver779 3 жыл бұрын
Great video!! It’s all about timing and it’s okay to lose money in one investment to gain on another. I am probably going to sell my silver before selling my gold, although I have to say, selling 1 oz of gold nets soooo much cash and I’d have to sell so much weight in silver to get the same value 😝 I might try your strategy of picking up a 1/4 oz here and there rather than waiting for the 1 oz... wish my LCS had a more reasonable premium on those 1/4 oz...
@2is1gold
@2is1gold 3 жыл бұрын
Thanks! And, yeah, premium on quarters right now is a problem.
@2is1gold
@2is1gold 3 жыл бұрын
Better than having 175lbs of silver, though! 🤣
@silvergoldsaver779
@silvergoldsaver779 3 жыл бұрын
@@2is1gold lol! I know... It's really a weight/space issue, especially in an emergency or bug-out scenario!
@silverhairstacker8664
@silverhairstacker8664 3 жыл бұрын
Good to hear your experiences.
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching!
@Foxrock321
@Foxrock321 2 жыл бұрын
Great advice… I have a coin shop in my Village, and I made my first purchase…he’s got really great stuff….Thanks for your sage wisdom…no knife on the table ?
@jus-tinkin
@jus-tinkin 3 жыл бұрын
Of course when you compare gold to stocks, stocks returned far more over the decade. But stocks is about wealth creation. Gold is about wealth preservation and is insurance.
@2is1gold
@2is1gold 3 жыл бұрын
Agreed!
@ikust007
@ikust007 3 жыл бұрын
I am really impressed by the $ many of you have . Even if i want to buy as much I must say that I am a bit depressed;)
@2is1gold
@2is1gold 3 жыл бұрын
It all adds up over time!
@alexpearson8481
@alexpearson8481 3 жыл бұрын
Yeah take your time. even 2 a year, is 20 troy in ten years. That’s 2/3 of a kilo!
@shauncorless8965
@shauncorless8965 2 жыл бұрын
What I've learnt is don't stop ,started when gold was £30 quid a sovereign and 1oz was just under 120 around 180 dollers ,will stop and sell up 2023, no matter what the price is ,oh and I bought silver at 1 doller a Oz in the 70 s 🤔
@jaydee5447
@jaydee5447 3 жыл бұрын
Great job, very much appreciate the info
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching!
@pitts3219
@pitts3219 3 жыл бұрын
A year ago I watched a few of these videos and went out and bought 60 k worth of gold and silver. Put it the safe and forgot about it. And that’s my plan going forward. I guess I went about it ass backwards but it took a lot less thought and time.
@2is1gold
@2is1gold 3 жыл бұрын
Lot less work to do it that way! 😁
@trackpackgt877
@trackpackgt877 2 жыл бұрын
My favorite gold is pre 33 American and modern eagles but pre 33. especially gold from the 1800s the history of say a 1885 $10 gold eagle is just so freaking cool it could have been circulating in the wild west Wyatt Earp could have been paid that gold coin for being deputy marshal of dodge city or billy the kid could have used it when he was hiding out!! I know not likely but still so cool!!
@jholeify
@jholeify 2 жыл бұрын
I agree. Anytime I'm holding coins from the 1800s I always wonder who from the past held it in their hands as well. Circulated coinage we also don't have to worry about handling without gloves
@seminumismaticguy8575
@seminumismaticguy8575 3 жыл бұрын
I've nver been a fan of the American eagles I've always preferred the buffalo. I don't own any as I've been sticking to my local coins Sovereign and Britannias . I'm Sure I'll buy a buffalo one day .no you don't sell at a dip , I'm stacking for my retirement intend to sell a 1/4 Oz each month to suplement the pension
@2is1gold
@2is1gold 3 жыл бұрын
Thou shalt not sell on a dip...unless something better comes up. 😁
@StephanieG1
@StephanieG1 3 жыл бұрын
One of the things I like about PM is that they are an asset that the government and others know nothing about.
@2is1gold
@2is1gold 3 жыл бұрын
Plausibly. 👍🏼
@antonv3150
@antonv3150 3 жыл бұрын
The government and central banks stockpile it and inevitably will one day force you to resign yours.
@2is1gold
@2is1gold 3 жыл бұрын
@@antonv3150 nah. I lost mine in a boating accident.
@sparcx86channel42
@sparcx86channel42 3 жыл бұрын
Years are long But decades are short
@2is1gold
@2is1gold 3 жыл бұрын
This year is particularly long! 😁
@jamiebishop9512
@jamiebishop9512 2 жыл бұрын
In the uk, sovereigns are very desirable and very easy to sell.
@brysonrussell3398
@brysonrussell3398 3 жыл бұрын
Best video of yours. Subscribed. 👍🏼
@2is1gold
@2is1gold 3 жыл бұрын
Thank you!
@tylertruski6549
@tylertruski6549 3 жыл бұрын
“If you save cash you’re an idiot”- robert kiyosaki
@bradbarber799
@bradbarber799 3 жыл бұрын
I think everyone who owns precious metals should try and sell some (even if you dont actually sell it) to understand how much of that premium you will loose, often dealers will pay BELOW spot price. FWIW You will never see a stock broker charge a 20% premium when you buy then refuse to sell your shares unless you sell it 10% below the market. Coin collecting is a fun hobby and possibly and alternative investment but not ideal for funding your retirement.
@2is1gold
@2is1gold 3 жыл бұрын
I agree that everyone should try to sell so they know what to buy. It's an asset, though, so it's hard to compare it to stock investments. I get your point, though. Cheers!
@StuartHollingsead
@StuartHollingsead Жыл бұрын
i believe that gold will hit 20,000 before i die. So i buy gold at any price. To be clear, I do not believe the value of gold changes. But rather the dollar. The foundation of the dollar is fractional reserve banking (FRB). If you transpose the business model of FRB, onto a business, would anybody invest in it? Or would they short the stock?
@mdavid2100
@mdavid2100 3 жыл бұрын
New sub. Thanks for the gold video.
@2is1gold
@2is1gold 3 жыл бұрын
Fantastic. Thanks!
@slovokia
@slovokia 3 жыл бұрын
Gold would not be expected to increase in real purchasing power over time. Historically an ounce of gold will buy roughly the same amount of real goods over the long haul (for example a mens suit) not accounting for taxes. An investment in US stocks has historically increased in purchasing power approximately 6% a year annualized averaged over long periods of time with dividends reinvested not accounting for taxes. Gold is therefore more of a store of value than an investment. Examples of investments include: rental real estate, productive farm land, stocks, bonds etc. Investments produce future cash streams (rents, dividends, royalties, interest).
@roryross3878
@roryross3878 3 жыл бұрын
Great advice as always!
@2is1gold
@2is1gold 3 жыл бұрын
Thanks!
@celestemartin1721
@celestemartin1721 2 жыл бұрын
I’m very happy to see this video, Thanks
@stansbornak8116
@stansbornak8116 3 жыл бұрын
Patience is a virtue........BUT I DON'T HAVE THE TIME!
@2is1gold
@2is1gold 3 жыл бұрын
I know the feeling! 😁
@Xylo58
@Xylo58 3 жыл бұрын
Yes, slow and steady... $ cost averaging, purchasing X number of fiat consistently over many years pays off. It’s just simple math. The lower the price the more you can buy. The higher the price the less you can buy. Be consistent but flexible in your plan. Unexpected expenses can and will arise but to mitigate the situation of having to sell don’t invest 100% of your monthly savings into gold. Keep some fiat handy to pay off all or most of an unexpected expense and at the same time build a war chest to take advantage of a great buying opportunity.
@2is1gold
@2is1gold 3 жыл бұрын
^100% Having quick access savings is way better than having to liquidate gold. Both of my sales helped with real estate down payments. Ideally, I'd have enough cash saved for vehicle expenses or whatever. I'm not always the best at buying more (gold) when prices are low, though. :) I'm more influenced by how far ahead I am in other things at the time. I could work on that!
@Xylo58
@Xylo58 3 жыл бұрын
@@2is1gold hi 2, everyone has different circumstances and life is unpredictable. Always have a plan B and even C 😂. I see that you are doing well and that’s great! There’s no rush to an undefined finished line. It will come eventually and we will be thankful for our perseverance. I too made many purchases in the past that I had to sit on and wait patiently. Patience is a virtue and as the great Stoics of the past exhort, live a virtuous life and you will live happily. Take care and talk again soon. 👍
@2is1gold
@2is1gold 3 жыл бұрын
@@Xylo58 have you ever read Letters From a Stoic? (Seneca) I can't recommend anything more highly for peace of mind.
@Xylo58
@Xylo58 3 жыл бұрын
@@2is1gold Ha! A fellow Stoic! I have read much from Seneca, Epictetus and Marcus Aurelius. Stoicism and Buddhism go very much hand in hand. My girlfriend is a wonderful devout Buddhist woman, but not over the top, and introduced me. I would go to temple and the many celebrations with her. I have even lived three days in a Buddhist temple and instructed by an English speaking novice monk. What an experience. I can trace back my evolution back to 2008, a very difficult and tumultuous time. Stoicism and Buddhism have been and still are very important foundations on which I rely to live a good, modest and virtuous life. Now I’m practicing patience. Due to the scamdemic we have been apart too long. I miss her enormously but we chat every morning. It’ll have to do for now. How were you introduced to Stoicism? Cheers 2 👍
@2is1gold
@2is1gold 3 жыл бұрын
@@Xylo58 that's really interesting. I have a relatively stressful job and had a peer recommend digging into it again (I glossed over it in college when I first discovered MA and Seneca). The Letters From A Stoic text might be creatively translated this time around, but there are 3 or 4 chapters in there that are pure gold and seem like they were written in modern times.
@silverstacksprepper
@silverstacksprepper 2 жыл бұрын
Nice video and great looking metals
@ikust007
@ikust007 3 жыл бұрын
This is an extremely important video.
@2is1gold
@2is1gold 3 жыл бұрын
Thanks, and thanks for watching!
@christurgeon6277
@christurgeon6277 3 жыл бұрын
New to the sport thanks for the wisdom!
@2is1gold
@2is1gold 3 жыл бұрын
Welcome!
@mikemaners4411
@mikemaners4411 3 жыл бұрын
Thank you for your lessons learned!
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching!
@ShowemRight
@ShowemRight 2 жыл бұрын
Well, look on the bright side, you and John Wick got something in common.
@2is1gold
@2is1gold 2 жыл бұрын
Ha!
@momocute1505
@momocute1505 3 жыл бұрын
I would like to buy the buffalo coins again...never lose the money when we buy gold...the smart way to investment.
@2is1gold
@2is1gold 3 жыл бұрын
👍🏼
@germsytoad9405
@germsytoad9405 3 жыл бұрын
I have never seen gold as being a better investment than the stock market in the long run. I was always tempted to give gold a try but I'm glad I didn't.
@2is1gold
@2is1gold 3 жыл бұрын
I get that perspective. I don’t see it as a replacement. I have far more into markets than I do into physical gold.
@AmericanConstellation
@AmericanConstellation 3 жыл бұрын
If you had bought Bitcoin throughout the last 3 years...You would have made a ton of money....
@DA-ev1jb
@DA-ev1jb 3 жыл бұрын
I have done good in gold and silver always buy low so when it was around $15 for silver you should have been buying a 100 ounces at a time also buying ammo when it was cheap plus firearms all doing good so buy low sell high.
@2is1gold
@2is1gold 3 жыл бұрын
👍
@joeboucher6911
@joeboucher6911 3 жыл бұрын
Good advice, subscribed.
@2is1gold
@2is1gold 3 жыл бұрын
Thank you!
@plasticdadaii8225
@plasticdadaii8225 3 жыл бұрын
Well presented!!!!! Thank you!
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching!
@jamescampbell7653
@jamescampbell7653 2 жыл бұрын
my first year of collect gold coins is about almost 11 coins 2022
@frankmontez6853
@frankmontez6853 2 жыл бұрын
Only if I hit megamillions or powerball lol . It just seems to preserve or grow your money long term gold be a good way to go .. Yeah some cons potential pitfalls even then
@SilverLife-oi4ng
@SilverLife-oi4ng 3 жыл бұрын
I just bought 2 oz of the gold Charlie Brown coin and 51 of the silver coins. The gold coins sold out withing 2 hours only 70 made.
@chrissummerfield9583
@chrissummerfield9583 3 жыл бұрын
Great buy 👍
@2is1gold
@2is1gold 3 жыл бұрын
Flipping them?
@SilverLife-oi4ng
@SilverLife-oi4ng 3 жыл бұрын
@@2is1gold eventually I'm going to flip them
@tho464
@tho464 3 жыл бұрын
@@SilverLife-oi4ng tell me more. I have never heard of the Charlie Brown coins. Interested for more info.
@SilverLife-oi4ng
@SilverLife-oi4ng 3 жыл бұрын
@@tho464 you can probably see them at apmex some are already being sold on eBay
@Possu81
@Possu81 3 жыл бұрын
As a noob I'd like to ask if u interest in gold investing why not just buy gold bars or something like that instead of coins? What kind of advantage modern coins do give? What's your opinion of old American gold coins? I found out that you don't like European coins that much.
@2is1gold
@2is1gold 3 жыл бұрын
At the 1oz size, here in the United States, coins are just more liquid than bars if I needed to sell. I also don't like assays. At some point, in a larger purchase I would be more interested in bars (like if I wanted to get a hold of 100oz or more). Pre-33 gold coins popular, but I just don't like them personally - that's just a personal preference - I really don't like slabs, though, and that might be part of it. I do like old European coins - my local coin shops just don't like them if I ever wanted to sell locally. Thanks!
@Possu81
@Possu81 3 жыл бұрын
@@2is1gold I have noticed as remote European that there is so few advantages for me what to look for as physical investment. On the other hand if European or Russian coins would start to get more popular in some point that would be probably way to go for me since I have access those pretty easily. So far I have bought only American coins from local markets (few only) since I believe they can be used better in international trade and everything else is more or less niche. Not going to touch local coins but those Germans and Russians might be something to look into (?).
@2is1gold
@2is1gold 3 жыл бұрын
@@Possu81 I don't know Russian or German coins well, but Austrian Philharmonics are popular everywhere.
@sku32956
@sku32956 2 жыл бұрын
Gold Buffalos are nice too expensive ,Eagles still too pricey I am staying with 1oz Maple leaf ,Kruggers will work but heavily lean towards Maples .simple based on money and what I can unload too !
@imaguygolfn
@imaguygolfn 2 жыл бұрын
It seems to me that when you buy you pay a premium and when you sell you lose a premium. So, accept for hedging, I don't get it. Haggling while selling and haggling when buying and scrambling all the time adds up to minimum wage.
@E.viLL.Official
@E.viLL.Official Жыл бұрын
What beat is in your intro called??:) I like that sound! I make music and would love to do a song to that. You got a subscriber just for the beat.
@meteoman7958
@meteoman7958 3 жыл бұрын
I like that people aren't that interested in sovereigns and 20 francs, as I have been able to buy them for 2% over spot, either in BU or proof condition. I like having a variety of coins rather than a lot of the same ones. In Canada we have a great variety of low mintage made for collector proof gold coins, which are available as bullion, so it keeps it interesting for the collector in me. I started in the late 60's when gold was in the $35 to $40 dollar range. I collected until 2001 and started again in 2013 until this January, when the prices rose and the supply dwindled. I'm hoping for a return to a more normal market after a Covid vaccine is introduced. In the meantime, I have to enjoy the purchases of others. Subbed.
@2is1gold
@2is1gold 3 жыл бұрын
Thank you. Honestly, I wish I was in a position to have stopped in January as well. I’m buying beyond what seems rational. Thanks for watching!
@whoops8412
@whoops8412 3 жыл бұрын
I have a fascination with the Canadian mint and their beautiful bars I’m curious why did you chose coins over bars? To anyone reading my comment why did you chose bars vs coins as the alternative?
@abubakarrkargbo511
@abubakarrkargbo511 3 жыл бұрын
Bars is costly so you start with small as an investment,feel free to contact me on advice of buying GOLD and investment in Gold
@theadirondackstacker
@theadirondackstacker Жыл бұрын
Why not bars? I like bars because they are cheaper and you can make jewelry out of of the ounces and wear it if you want.
@LucyStacks
@LucyStacks 3 жыл бұрын
I need a Buffalo lol WANT
@firearmsstudent
@firearmsstudent 3 жыл бұрын
They are available for purchase :)
@chuckbradley1
@chuckbradley1 2 жыл бұрын
CRASH is round the corner. Get your money out of banks and out of real estate. Buy gold silver bitcoin.
@ACE_.
@ACE_. 3 жыл бұрын
I started much later than you so I guess I missed some golden opportunities back then lol... thx for sharing!
@2is1gold
@2is1gold 3 жыл бұрын
Well, at least you can say you weren't buying in 2011! 😁
@robertm8380
@robertm8380 3 жыл бұрын
It's never too late to buy gold. You can buy half ounces of gold or fractional gold then buy 1 oz when you have enough.
@ACE_.
@ACE_. 3 жыл бұрын
@@robertm8380 true! Never too late... I am 1 oz guy- too cheap on high premium for fractional gold lol
@ACE_.
@ACE_. 3 жыл бұрын
@@2is1gold lol yes indeed
@JTCoinRings
@JTCoinRings 3 жыл бұрын
Good video!
@2is1gold
@2is1gold 3 жыл бұрын
Thanks!
@marshp3729
@marshp3729 3 жыл бұрын
Wow this really inspire me to buy coin gold
@mth469
@mth469 3 жыл бұрын
Price is high now. Let it drop a bit. Then buy.
@mikemaners4411
@mikemaners4411 3 жыл бұрын
Hello again, can you pleas tell me where you got that 1 oz maple leaf capsule. Thank you again from Montreal!
@2is1gold
@2is1gold 3 жыл бұрын
Yeah, I use these: amzn.to/3pYmLoO
@abubakarrkargbo511
@abubakarrkargbo511 3 жыл бұрын
Am a local dealer for Raw Gold dust from Sierra Leone feel free to contact me concerning advice in buying GOLD
@BrownStain_Silver
@BrownStain_Silver 3 жыл бұрын
You all heard the man....buy buy buy!!!! The ship is about to set sail without you!
@2is1gold
@2is1gold 3 жыл бұрын
Ha!
@musamusa2961
@musamusa2961 2 жыл бұрын
Hi I'm in Africa, how can I buy some
@calvincooper8073
@calvincooper8073 3 жыл бұрын
Poor me I could only purchase 1/10oz AGE once a month for the last 7 years 🤑🤑 but plenty of 1oz Silver Eagles 🤑🤑 lot of the gold eagles under $150:00 I think I made my money back 🤑
@2is1gold
@2is1gold 3 жыл бұрын
That adds up too!
@donaldinnewmexico
@donaldinnewmexico 3 жыл бұрын
HI CAL. YOU ARE DOING GREAT. KEEP IT UP. HAVE YOU LOOKED AT THE 2018 1/10TH OZ HIGH RELIEF BLACK LIBERTY? IT IS A BEAUTIFUL COIN. I GOT THE 1/10 OZ BUT PASSED ON THE 1 OZ. *TYU*
@momocute1505
@momocute1505 3 жыл бұрын
no ,,you are not poor,...at least you have bought one & let start now save some money and buy it again you can buy small one too,step by step
@donaldinnewmexico
@donaldinnewmexico 3 жыл бұрын
HI CAL, WHAT ARE YOU BUYING BU AND OR PROOF?
@calvincooper8073
@calvincooper8073 3 жыл бұрын
@@donaldinnewmexico and random year
@toddgeorge1569
@toddgeorge1569 2 жыл бұрын
Where do you buy your gold coins from?? Great videos
@2is1gold
@2is1gold 2 жыл бұрын
Thanks! I buy locally or online from APMEX, JM Bullion or BullionExchanges typically. Cheers!
@larryjoe1357
@larryjoe1357 3 жыл бұрын
I think it is time to look forward as far as gold is concerned never before in history has the world been washed in debt like it is now. All the central banks around the world have been buying debt. the currency's around the world are being diluted. If you want to look at history look at what happens to fiat currency time in and time out it loses it's value. Just my opinion but I think in the next five yrs. you will see gold reach levels that you never expected. We are in times we have never seen before and people will run to safety.
@2is1gold
@2is1gold 3 жыл бұрын
I can't say where it'll be in five years, but I think there's a huge value in gold, and I'm continuing to buy. Thanks for watching!
@shafserious2805
@shafserious2805 3 жыл бұрын
Follow Rick Rule
@theenglishprofessor8411
@theenglishprofessor8411 3 жыл бұрын
This is my "2 is 1" weekend where I'm binge-watching all of your stuff while my wife keeps calling me upstairs to watch HGTV with her...("Yeah--I'll be up in a minute!") : ) Want to employ your idea of taking some of my old silver eagles from the past ten years and cash them in to buy some fractional gold to get started. Some of my silver is mildly tarnished at the edges from age (Coins going back to 2006 when my first son was born). Do you recommend that I polish them with something ahead of trying to sell them---or, just leave them as is? Thanks, in advance...
@2is1gold
@2is1gold 3 жыл бұрын
I’d leave them as is. Most of mine had minor toning as well, and they were fine. Polish can cause more harm than good. Thanks for watching, and good luck!
@CashAndCoinsYT
@CashAndCoinsYT 3 жыл бұрын
Have you seen Anna T.'s video? It is kind of opposite of what you say... interesting how we all have our own stories.
@2is1gold
@2is1gold 3 жыл бұрын
Somebody thinks differently than I do?! Blasphemy! 😆I haven't seen it. I'll take a look. Thanks!
@Cache73
@Cache73 3 жыл бұрын
Thanks for sharing your experience, it's worth gold...
@2is1gold
@2is1gold 3 жыл бұрын
I appreciate that - thanks! ✊
@ikust007
@ikust007 3 жыл бұрын
Question: is there a difference in the alloy (purely) between American Eagle and Buffaloes ...? Bravo for your hard work .
@2is1gold
@2is1gold 3 жыл бұрын
Yeah, Eagles are 22k and Buffalos are 24k. I give some of the differences in this video: kzbin.info/www/bejne/bGGTYZWqlsach8k
@ikust007
@ikust007 3 жыл бұрын
@@2is1gold so... why buying eagles ? Will watch the videos . Also from what you say : if you had bought « good » gold, you would have made more profit out of it and also buy gold isn’t a growth investment but only a protection système, forcing one to save money .
@maritimezhang
@maritimezhang 3 жыл бұрын
@@ikust007 eagles came out in 1986. The buffalo came out in 2006. Meaning for 20 years people here in America had no other choice when buying US mint products. Also eagles have different sizes and the buffalo does not.
@ikust007
@ikust007 3 жыл бұрын
@@maritimezhang thank you very much :)
@DeanUK
@DeanUK 3 жыл бұрын
great video thanks
@2is1gold
@2is1gold 3 жыл бұрын
Thanks for watching!
@user-zx5fo5xx3o
@user-zx5fo5xx3o 29 күн бұрын
HE DOES MANY VIDEOS ON MANY SUBJECTS, ITS A REAL BUSINESS TO INFLUENCE WITH DISINFORMATION, MOST ARE VOICE OVER COMMENTS , DOESN'T GIVE A CRAP
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