Why I'm Not Buying Physical Silver

[@TtheSilverStacker]

I appreciate your honesty with your audience regarding the way you see things.

[@2is1gold]

Thank you!

[@casualpreparedness2347]

I Concur With This Statement. 💯👍👍🙂

[@Bryzle1]

When I started stacking silver, I had a great time until I realized just how much room it literally takes to store it all. That’s when I switched to gold. Much less volume and much more value density.

[@2is1gold]

Yeah, even a single monster box is ~30 lbs!

[@gwdave2468]

Bryan, that's the nice thing about owning a big assed barn. Mine is buried, and there is a lot of room under the roof.

[@dark_winter8238]

@@2is1gold damn. Did not make the connection how much my silver actually weighs. Just passed 500 recently. Have switched to a much higher gold ratio for this reason.

[@dchiznit209]

I just completed a tube of ASE’s simply for bullion. After having ONE tube, I think I’ll switch to AGE’s.while I’m renting for the same reasons, more wealth per volume. Personal opinion, but I would prefer silver for those moments you feel like needing to liquidate assets at a smaller percentage.

[@mostlyharmless0544]

Yeah. It’s like buying giant 100 1mb hard drives from 1990 to store your data on instead of a 8GB thumb drive

[@SalivateMetal]

For many of the reasons you mentioned is why I have focused a lot more on gold since 2017. Premiums have certainly increased this year and it makes it difficult to see any return if you need to sell. However, I am bullish on silver in 2021 because of green technologies and the ever increased versatility silver adds in the industrial/tech sector. I think in many ways, it's irreplaceable in those uses (at least until graphene is widely adopted). Though there is plentiful supply, it is much more rare than copper and demand I think will increase which could lead to the narrowing of the GSR. How that will translate in premiums to buy is my guess not much less. They will continue to be high making it a very long term proposition for the strong stomached of silver stackers. My tummy is weak, hence why I focus more on gold. But, I am still optimistic for silver. Thanks for the discussion and for sharing your reasons so well! Happy New Year

[@2is1gold]

Thanks, Sal. Too many unknowns with the economy to know what it’ll do. All i can say is that there are a lot of assets outperforming it and with crazy premiums, it’s working at a further disadvantage. Who knows, though? Happy New Year, Sal! 🤘

[@nessliestrife993]

I’ve watched this video probably half a dozen times and I want to argue but the reality is I just don’t have the pockets for gold. Buying silver keeps me disciplined in saving.

[@2is1gold]

Honestly, that's the primary reason I didn't want to make this video. The buying fundamentals for physical silver are very similar to gold. Don't let my take bug you. It's only meant to explain what has me buying gold instead. Cheers!

[@gwdave2468]

I like the idea you're disciplined, and if buying silver keeps you that way, than drive on. You have enough money to buy gold, you just won't be buying that much. You put $100 into silver and a $100 into gold, you still have a $100 in each. Don't get me wrong. Not a gold fan at all. I love silver. I think you're wise in buying it versus gold.

[@jeremiah1059]

I like silver too. It is still a good way to store wealth and it's tangible. I started buying silver back in the early 2000s when a 1oz silver round was 15 dollars plus premium. Plus it's a great way to stay focused and motivated to save. Good on ya!

[@frankimperato1319]

I REALLY JUST STARTED BUYING GOLD.I HAVE OVER 400 oz OF SILVER BUT NOW I AM ONLY BUYING GOLD. HITTING THE 4oz MARK ON GOLD I WILL CONTINUE TO BUY GOLD.

[@2is1gold]

That's great. Cheers!

[@barbaradimascio4623]

So many experts are saying silver will outperform gold. You may be surprised.

[@frankimperato1319]

@@barbaradimascio4623 I SEEN THE REPORT.LIKE MARK MOSS SAYS YOU HAVE TO BE ABLE TO PIVOT.SO ITS NOT WRONG TO CHANGE YOUR MIND IF YOU STAY ON TOP OF RESEARCH.I DON'T HAVE TO STOP BUYING SILVER OR GOLD.DEPENDING ON THE WAY PERFORM WILL DETERMINE HOW MUCH OF EACH I WILL BUY.I'M ALL OVER IT BARBARA THANKS.

[@chrismendez7981]

Offload that silver man... silvers for the kids... there’s no money in that

[@wormius7350]

I get silver because it’s within my price range. Constitutional Silver is a Godsend!

[@2is1gold]

I can see the unit price side for sure.

[@Kid_Ikaris]

Literally bought 8 silver quarters yesterday. No doubt for a cash strapped stacker it gets you in the game sooner.

[@chrismendez7981]

If you don’t have “money” to where you’re living comfortable (not check to check, money in the bank, etc) you have no business buying silver or gold... your money would be much better spent investing in attaining better employment or starting a small business... and in a shit hit the fan situation that gold and silver will be just as useless as paper money being that our infrastructure will be destroyed...

[@frankimperato1319]

THE ONLY PEOPLE THAT WILL BUT 40 + 90 PERCENT SILVER WILL BE COIN SHOPS.THE ONLY PROBLEM WITH THAT STUFF AND ITS A BIG ONE IS TRYING TO CONVINCE A REGULAR PERSON THAT THAT QUARTER ,DIME,OF HALF DOLLAR IS WORTH MORE BECAUSE IS MADE OUT OF SILVER.90 PERCENT OF PEOPLE DON'T KNOW THAT.SO IF YOU IN A SHTF SITUATION THAT STUFF WILL BE THE MOST HARDEST TO UNLOAD.ALSO ITS THE SILVER THAT TAKES THE LONGEST TO APPRECIATE.

[@frankimperato1319]

@@Kid_Ikaris 40+90 PERCENT SILVER IS NOT WORTH THE TIME TO TRY TO EXPLAIN TO A REGULAR PERSON THAT THIS QUARTER,DIME,OR HALF DOLLAR IS WORTH MORE BECAUSE IT HAS SILVER IN IT.REMEMBER 90 PERCENT OF PEOPLE DON'T KNOW THIS STUFF.SO IT WILL BE REAL HARD TO.UNLOAD.THE ONLY PEOPLE YOU WILL BE ABLE TO SELL IT TO WOULD BE A COIN SHOP.THAT DON'T WORK IN A SHTF SITUATION.

[@SovereignSaurus]

Some fair points, I'm heavier into gold but at the same time I can't ignore silver, and I'll continue to pick some up when I get a good deal, also a little surprised that we didn't hit a new ATH this year all things considered. Good on you for sticking with your plan though and releasing the video, do your plan and keep on keeping on

[@2is1gold]

Thanks! Hard to stay focused with everything going on this year. Cheers!

[@mdavid2100]

Over 10 years stacking silver (ugh). After about 5 years I could see I needed gold at least to balance the portfolio. The decision to switch to gold for a while helped me keep some sanity. I have bought more silver but nothing like the quantities previously. Thank you for the excellent video.

[@2is1gold]

Definitely not 11 years buying it exclusively. I switched focus to gold early on, but I just stopped buying silver entirely this year. Cheers!

[@raymondnoya5653]

I'm done with silver after I get my two monster boxes filled up.

[@DLR2542]

I haven't been buying precious metals long so im always ready to listen and learn something. Once again you gave me more information to think about and I really appreciate it. Thanks, Happy New Year

[@2is1gold]

Happy New Year!

[@ikust007]

You can follow him: he doesn’t BS...

[@DLR2542]

@@ikust007 I agree. I've made changes to what and how I buy now because I feel more informed after watching 2in1.

[@ikust007]

@@DLR2542 me too . Though I still stack silver and love a lot of those channels ;) but it’s hard not to agree with 2:1 logic. And really : no one knows of indeed silver will in fact reach the famous 50-100$. Who knew about the COVID-19... probably not that many. So we do what we can. Platinum is also one I like but it’s a guess like silver but an expensive one.

[@SilverHeist]

If you are looking for another term than undervalued ... the go to phrase is “manipulated” !

[@2is1gold]

Yes, I see that all the time in the comments. More rarely from the channels. It’s a bad, easy excuse. Happy New Year, Heist!

[@kingsfan10000000]

When I first bought silver(last year) the gold to silver ratio was over 100. Now that ratio is 65 and continues to drop. One day I’ll trade my silver in for gold when the ratio is low enough

[@2is1gold]

If I remember right, it was 68 when I traded, but premiums came into play and changed it further. I don’t get caught up in the GSR, but I can see why you’d be watching it. Good luck!

[@goldmaple4360]

Why I collect gold? It is unique. No other precious metal on the periodic table has the colour of gold. It's does not tarnish and has low reactivity. Only highly concentrated nitric acid, hydrochloric acid and aqua regia, a mixture of the two acids I mentioned dissolve gold. Gold is very valuable. There is more profit to be made from gold and it is the number one metal investors flock to in times of uncertainty. I love gold but as I mentioned I always feel I am being shortchanged when I buy 1 ounce of gold because a 1 ounce coin is very small. I feel I should have a 5 or 10 Oz coin for the price I pay for that 1 ounce.

[@uncareid5557]

@@beri232 I bought a 100 gram bar. Three point two one five ounces. It looks almost the same size as a one ounce coin in a capsule.

[@rooster5085]

Great video and really enjoyed some of the great comments your viewers had on this subject. Keep up the great work!

[@2is1gold]

Thanks, Steve! I agree. Lots of smart comments! Great community!

[@VicsYard]

Really comes down to personal preference and what you’re doing with it. Great video sir.

[@2is1gold]

Completely agree. Cheers!

[@joepascali444]

Most people buy silver not knowing what you know! I look for people like you who point out the pros and cons of precious metals.... Before I invest.... Thankyou Sir....And Happy New Year 💥

[@2is1gold]

Happy New Year!

[@hugostiglitz4215]

I think there's a lot of people making that shift right now from silver to gold, even long time silver buyers are moving to gold. I even notice it on eBay, there's listings for very popular silver pieces that stay up much longer and I'm seeing more and more gold running out faster, I'm noticing the shift myself. Gold is a slower process but It builds up in a short amount of time. Don't underestimate the potential of silver, silver may be frustrating, but it will have its day.

[@Abraham.Lincoln22]

I know this video is a few months old but the message is solid. Thumb’s up 👍

[@2is1gold]

Thank you!

[@TheGilbalfas]

In my country, gold is up 15% and silver is up 30% this year - that’s a pretty good investment

[@2is1gold]

Both did well this year. But the acquisition costs on metals (more so on silver) sap a lot of the gains. I'm definitely not saving metals are a bad place to put money. Cheers!

[@RobertWelch-MandevilleLA]

Yes, but when silver spot was down the premiums more than covered the difference. When silver was at its low this year,, nobody could buy it below the most recent high because of the inflated premiums.

[@nathanr.494]

"this is about as much fun as a kick in the shin." me: lol

[@2is1gold]

😅😁

[@bythebullions401]

Same! 😂😂

[@aipacsucks]

I think it's healthy to have videos like this in our community. In 2021 I'm going to concentrate on 90% silver and 1/4 oz gold pieces. Thanks for sharing your insight! Happy New Year!

[@2is1gold]

Thanks for watching, Cactus! Happy New Year!

[@JohnThompson-hc8bd]

Silver is good prepper money for SHTF and can pull double duty as savings.

[@2is1gold]

Maybe (and that’s a reason for my 100 ASEs comments). I have some thoughts there as well, though. I’m not sure the viewers want the side journey.

[@JohnThompson-hc8bd]

@Jacob Turman what will they buy them with?

[@Zoroaster4]

@@JohnThompson-hc8bd Other goods or labor. I can agree in some situations gold and silver might be useful after an shtf situation. But honestly I feel like in some situations it's going to take a while before precious metals regain their value for a few reasons. 1. You can't eat silver, silver dosn't give you light, or heat your home. Silver provides no intrinsic value. It derives it's value from being rare and pretty. 2. How are you/other parties going to verify that silver is real? If it is truly a really bad situation there's no way to verify that silver/gold isn't just some other metal plated in silver/gold. Now to play the other side of the fence, I can definitely see how in some situations gold/silver would be a great idea. In a hyper-inflation/deflation it is possible that precious metals will retain alot of their value compared to your countries currency. Also in say lesser disasters where the power grid is still up and many businesses are still functioning it will still retain value. I also believe that in the years following a disaster (provided we can recover) I believe it will regain it's value. Honestly I don't think it's a bad investment so long as you diversify and don't put all your eggs in one basket. I believe the scenarios where precious metals retain their value are actually alot more likely to happen as well. I believe that the most likely shtf event is going to be another great depression. That's just my thoughts on the matter though.

[@JohnThompson-hc8bd]

@@Zoroaster4 continuing with the SHTF theme, I recommend constitutional silver coins as they are very recognizable, fractional and not easily counterfeited. Now if someone passes off a plated gold or silver coin it could come at a very high price at the hands of the recipient, at least in my area of the world. I also recommend having food, water, shelter, lead and other barter items for SHTF and your run of the mill depression. It’s good insurance. Also, people are very specialized these days in their skill sets and will have to devise some system of exchange and PMs will only be a part of that. IOUs from trusted community members my also be a way to exchange and become a form of money in the short term. It’s hard to say what will take in your area or mine. Silver will at least 2-3X if we continue to kick the fiat can down the road making it a good saving vehicle. I wish I had saved all the silver coins when I was a kid. I would be much better off today than I am. Thx for sharing your thoughts.

[@pauld8790]

I'm 57 years old been stacking silver on and off since 1981. this year I sold all my silver right into the Run. So we will what happens in 2021 I did move half the money into gold and platinum. I trust gold a lot more and it sure is a lot easier to carry. Good luck

[@2is1gold]

I trust it a lot more too. Cheers!

[@bala8oo]

Think it’s hard to compare gold to silver, they are miles apart when it comes to buying. Sure I’d buy gold all day long if I could afford it, silver is the next best thing and it’s great for people who find it difficult to save.

[@robw6244]

You’re spot on. Gold you can hold for the long term. Silver you have to have your finger on the trigger to sell. Also, why would anyone buy an asset and be in the hole 20% the day you buy it.

[@2is1gold]

Works out well for the people selling the asset!

[@jordanmadden5926]

I like how you brought up it’s expected potential this year and how it has not shown dramatic growth even with everything that happened. Also excited and hopeful to see some more 1/10th gold coins in HD. I really recommend the 1/10 Britannia, low premium and excellent features.

[@2is1gold]

Those 1/10oz Britannias are insane! They even included the microscript! Talking to you on Insta right now. 😅

[@RowdyRory]

Thanks. I know nothing about this sort of thing, but I’ve been watching a lot of bullion vids and I like your channel best. Again, thanks!

[@2is1gold]

Thank you!

[@UncleDon226]

Historically silver stays low in economic hardship while gold climbs in price. Only after a couple years does it suddenly skyrocket in value as it stabilizes with the gold/silver ratio. I dont expect it to be rising in value soon. Probably not even in 2021. But because the low cost and pandemic, mines are closing due to the fact it costs more to mine silver than to sell it. But because it is such an industrial metal, stores will start to run low but the manufacturers have no choice but to buy it at an increasing price. I have a strong feeling silver will spike in value in a year or two.

[@pmh1nic]

Silver is not mined. It is a byproduct of mining other metals.

[@UncleDon226]

@@pmh1nic Thats news to me. Thanks for the heads up

[@SilverHusky12]

Great video, man! Especially the point on portability. Monster boxes are a back breaker! Happy new year man...

[@2is1gold]

Thanks, Husky! Happy New Year to you! 👊

[@YankeeStacking]

Sounds like a very cogent argument-if you’re looking at PMs as an investment (which I don’t). And Happy New Year to you! 👌🏼

[@2is1gold]

Hey, Yankee! Metals aren't an investment to me either. But they aren't necessarily a supply either (once upon a time I would have considered silver to be something like that), so I watch my acquisition cost on them. Happy New Year!

[@SgtGold3]

I have to say this is the first time I've watched one of your videos and now you have a new subscriber. I have been saying this for quite a while now and my words are always met with much resistance. Thank you for voicing your uncommon opinion and now I'm off to go watch more of your videos. Thanks P.S. - there is a reason I changed my name a few years ago from Sgt Silver to Sgt Gold! ;)

[@2is1gold]

Hey, welcome!

[@JTCoinRings]

I agree with you, I just start feeling this way recently. I’m definitely making some changes come this new year. Thanks for the video!

[@2is1gold]

Thanks for watching!

[@tacojonny]

Good to hear this side of the story. Thanks buddy. 👍

[@2is1gold]

You bet!

[@AK-lf6cq]

You are absolutely right! Thank You for straightforward and honest opinion.

[@2is1gold]

Thanks for watching!

[@AlohaStacker]

I still like silver, but I plan to buy much less this year... I like gold more for savings and storage... Gold is always my core position in metals... Thanks for this perspective and Happy New Year!🎊

[@2is1gold]

Happy New Year, Aloha! ✊

[@elparnell]

I bought an Ag patch and am trying to wean myself off of the metal. I started out with silver and have been switching to gold this year. Unfortunately there are so many temptations out there. Can’t say I disagree with anything you said. I’m not a flipper so it doesn’t make sense to pay those premiums. I totally agree that there has to be manipulation of the price to keep it as low especially this year. Old habits die hard. Excellent video!

[@2is1gold]

I like to replace old habits with new habits to avoid the twitching! 😄

[@humanv1209]

Thanks for sharing! Or more precisely, creating a forum that indexes on creating agency for its viewers. Happy New Year!

[@2is1gold]

Happy New Year!

[@michaelmccoy2847]

Great video! I agree that if contemporary events haven’t pushed silver prices higher than they already are, it’s hard to see them skyrocketing. Whereas gold, crypto and even some index funds should continue to climb. Best wishes and Happy New Year to all! 🎊 🎆 💥

[@2is1gold]

Happy New Year to you!

[@thephysicalsilverfox3474]

I think you're all missing the point that everyone is going green and silver will be one of the main components required for electric cars, solar energy, mobile phones and a multitude of other things. Gold is a great investment but so is silver and I am also sticking money in crypto, even though I think that ship may have sailed as far as serious earning potential goes now if you've just got on board. One thing's for sure, with the way they're all pumping money into ailing econimies, fiat currencies like the dollar are finished. If silver is a bad investment why has JP Morgan the Russians and Chinese been hoarding millions of ounces recently?

[@2is1gold]

I’ve never said it’s a bad investment. Only that I stopped buying physical silver in 2020 for all the reasons given in this video. I get into the investment side of silver in today’s video. Cheers!

[@stk3229]

Silver coins as a commodity is the same regarding the premiums as if you buy another commodity like petrol and you spend 20% in the barrel to keep it in your garage....said that I like coins, and I like and enjoy collecting with my kid we have fun together...also Im not selling anytime in life unless is absolutely needed so Im sure is a great thing (savings..not investment) that I enjoy. If you want to make money there are now better options...100% agree. Also Gold is a no brainer, tier 1 asset...is a time capsule to put your fiat value over decades and keep it probably with same gains then...but is not its purpose, its purpose is backing your wealth...as banks do...I have few gold coins..but men..too expensive to do a collection to look at and hold in your hand...if I could I will put 40% of my fiat in Gold all day long..but lots of bills every month😂👍

[@2is1gold]

Totally get it, and wish my kids were into silver. Take care!

[@barbaradimascio4623]

I'm not sure how bright it is to buy something at it's all-time high vs something at half it's all-time high. Hmmmmm

[@stk3229]

@@barbaradimascio4623 yes but if you do for long term not an issue, however with silver the math is simple 80 oz of silver carry 300 euros premium and 1 oz of gold 95 at equal value.Now also we can say the opposite in gains...80oz of silver if silver gains 10% makes more than 1 oz of gold, but with silver you loose more from the begining...said that, I stack both.

[@LucyStacks]

I’ve thought about the same things you’re talking about. Just hoping silver does go up in the future cause I’m holding looooonnngggg term. I feel safer buying gold but it is easier to acquire silver. You have great points that’s why I always watch your channel. Thank you for the breakdown. I hate to say this but you’re probably right 😂😭😭😂😂🤓 in fact yea I’m pretty sure you’re right. Which makes me wanna kick myself in the ass cause I’m gonna keep stacking both. But I love and value your honesty, insight and experience so thank you for sharing ❤️

[@2is1gold]

Nothing in this one should make anyone feel bad. Definitely not for past or current decisions. Happy New Year!

[@LucyStacks]

@@2is1gold no it doesn’t but it definitely makes a person think 👀🤓

[@mrmustard1300]

Cool bass man. I agree I'm not expecting much from silver. Even though I love it. So I will keep buying here and there as a decades long investment. At worst you will roughly get your money back when you sell.

[@2is1gold]

There are definitely riskier places to park your cash!

[@martinleepgg]

Sure I take your well made point, that said I very happy to hold my silver as financial insurance if nothing more as I believe the gold: silver split will work in silver's favor over the next 6 mths.

[@2is1gold]

Sure could!

[@jasonbourne9392]

I respect your critical view on the discussion of silver. I have been in silver since 1982 with pre-64 quarters, dimes and half dollars. 1986 , I became addicted to gold like an alcoholic is to whiskey! Gradual, steady eddy stacking for many , many years when no one called it “stacking”. I love precious metals for their intrinsic long term value, and I consider myself a collector and an investor. So, my approach is nebulous and undirected. All I know is I paid a helluva lot less than where things are today. So, the time to sell is when there is a need to sell, which may be never. Who knows!

[@2is1gold]

That’s some impressive longevity!

[@hugostiglitz4215]

90% United States currency is so important, if anything were to happen or this economy tanked, people are going to need 90% silver to barter and trade. I don't know what people will do with one ounce gold coins, I don't buy them, I don't see the point unless you're going to sell them at a higher price down the road, as for barter and trade they would be useless unless you are trading for something substantial

[@EmpirePreciousMetals]

Who the hell is spending thousands on kites??? Unfriend them at once! Wait a minute...you talking about me at 5:17???

[@2is1gold]

Okay, yeah. You're a great example of someone who would have the platform to buy and move and profit from hot coins. Most of us don't. So, if a person's justification for paying wild premium is that they could get that back (i.e., it's not wasted premium) hopefully they have your kind of platform. Very few do.

[@belgiboing]

Thanks for the candidness. You hit it right about silver. It’s not about the price. It’s the premium that’s put on top of the purchase. That premium is quite higher than gold that it negates the time gains and amplifies the volatility. You’d have to stay with silver closely for 10-20 years for the investment to pay off. Interestingly, Silver is so much more useful than Gold in many industrial applications. However, it seems that even though Silver is the best material for many applications, when it hits a high price to acquire, manufacturers can use other materials and the decline in performance of substitutes are still acceptable. Think batteries and circuit boards. Unless someone invents a revolutionary product where Silver is a raw material and there’s no acceptable substitute, the performance of silver as an investment will trend similar as in the past 20-50 years.

[@2is1gold]

Yeah. It’s clearly a a very useful and versatile metal. Premiums keep it from being something I want to stack as an asset. Cheers!

[@cyclingphilosopher8798]

Happy new year to you too!! Always good to hear some counter arguments to stacking silver. Silver is indeed more of hassle than gold. Personally, I do hold some silver but I only buy up until the average price I pay including premiums (!) is at most 75% of fair value as a margin of safety. Then the question arises what fair value is. For that I use the conservative fair value metric of Lyn Alden for gold and divide that by the 20-year average GSR. According to that metric silver right now is just a little over fair value, not grossly undervalued as many claim. There is considerable upside potential though. As I value silver indirectly from the amount of M2 per capita, a similar overvaluation of silver as in 2011 would take it to around $90-100. If it will reach that, I don't know and even if it does, such a spike is usually very short lived. But still, my aim is for silver only to be about 12,5% of my precious metals holding, divided over physical and ETF. The ETF-part is to be able to make use of a short lived spike in the price IF that occurs (a sort of right tail risk hedge, if you will). Concerning the nature of silver as a commodity, I would like to point towards an article by Jan Nieuwenhuijs: seekingalpha.com/article/4373933-warning-misleading-silver-supply-and-demand-data In this article he explains that silver isn't trading like a commodity, i.e. that there is no correlation between price and demand/supply, as it has a high stock-to-flow ratio. There is several decades of demand for silver in above ground stock, and at the right price that stock turns into supply. Due to this high stock-to-flow ratio, estimates vary from 20 to 45, silver trades more like a currency, albeit due to its small market cap a small currency (hence the volatility).

[@2is1gold]

I’ll check out that article. Thanks!

[@CashAndCoinsYT]

I do agree with you. I buy it more so as a collector. Like in my 195 countries. I always appreciate your honesty. So much respect for you. Take care and happy new year!

[@2is1gold]

Thanks C & C! Happy New Year!

[@waltbedford3488]

I don't have the cash for gold. I trust silver against the dollar. I'm new and learning. Wish I could buy gold but it is what it is

[@kunacoins9246]

you will get some trust me it just has to happen

[@kenobi639]

Look into Paxos gold crypto. You can store the value of gold incrementally and then cash out when you have enough to buy some irl.

[@waltbedford3488]

I'll look into that. Thank you

[@2is1gold]

Yeah, and I don't want to demotivate anyone choosing silver for specific reasons. Keep at it!

[@ikust007]

I have a small amount of $: now I try to go with 1/10 or the best 1/4 : just can’t do more .

[@MartinVanRijswijk]

Thanks. I appreciate the alternate viewpoint. It helps add balance to other videos promoting the benefits of silver. I personally have a stack of silver, but am wary of buying more. As you rightly point out, the premiums charged are a major disincentive. I really like coins, but again the premiums charged on them, outweigh the benefits. Bars are the only way to get any real potential return. Coins only good if we expereince a doomsday scenario in politics or economy. At moment, like you my focus tends to be on Gold ....trying to show patience an buying the dips

[@2is1gold]

Patience is tough. Today’s price is doing a good job of slowing me down, though. 😄

[@savagestacker]

Great point of view I have been thinking about the premium cost all year after being able to stack with low to no premiums for awhile then to 20 to 30% premium costs have been a hard pill to swallow. I to like 10oz bars and have bought a few in 2020 but most my funds went to gold in 2020 maybe 70% At times I think I went a little savage on gold but listening to this has kind of reassured my reasoning on my gold purchases I’m not out looking for validation on my purchases it’s just nice to see and hear other point of views instead of the same old (silver is under valued ) mantra I keep hearing out of the community. Gold is at its high which is a hard pill to swallow as well . All markets are high right now and makes it even harder to know where to put your money But I feel pretty safe with gold . But I also really love my silver as well Thank you happy new year

[@2is1gold]

Thanks, Savage. I think you have your head on straight. Happy New Year!

[@someguyontheinternet7628]

You can get cull silver eagles for $29.90 right now from bullion exchanges. A 2020 gold eagle is $1,982 from BGASC. That ratio is 66.3. Not much worse than the GSR of 71.4. That is for culls though. You will definitely get more premium back when you sell silver eagles back vs. Gold also.

[@2is1gold]

You'll get more back in premium for ASEs vs AGEs, but you'll still be way way down in lost premium. The difference is that wild!

[@someguyontheinternet7628]

@@2is1gold your channel is great btw. I watch every vid. Def a bigger spread on silver. That's why i don't touch it unless the GSR is above 80 and the premiums are "normal".

[@2is1gold]

@@someguyontheinternet7628 thanks! The non-normal premium was the final straw for me. It’ll calm back down.

[@ross8859]

I have just started stacking and I really like it. However you made some excellent points! Awesome content!

[@2is1gold]

Thanks!

[@MrNodeee]

This is a nice video and I got a bit too caught up in silver. With that said, I think diversification, (along with your slow and steady advice) is the best approach. Starting off in silver is a great way to get into precious metal, and to be honest less risky in the short term. Long term- gold all the way. But diversification, and even adding some platinum in the mix.

[@2is1gold]

I'd agree that silver is a good way to get used to it without going crazy. Cheers!

[@DanielDiaz11]

Great video! I appreciate the creativity you put into the presentation of it all, very well done! As far as your thoughts on silver, I’d have to say I’ve swung in the same direction, sorta. I’ll still plan to buy silver in 2021, but only if I feel it’s at price that’s too good to pass up, with the premium included. I’ve also shifted to buying silver as a means to “lock up cash” and “hopefully” grow it, to then buy more gold with it. I flipped a lot of my silver into gold this year and it was at a decent profit. So, I now plan to use silver as a tool to get more gold. Seems to be working...but only on the few occasions when the “stars align” just right!

[@2is1gold]

That's great if you can get it done! I played enough with BTC this year to wonder if that locked up cash could be locked up in other things. Whole other, inflammatory topic, though! 😅

[@DanielDiaz11]

@@2is1gold Hey! Speaking of locking up cash, something you may or may not have heard of when poking around the crypto sphere (depends on how deep down the rabbit whole you went), is DeFi or decentralized finance. There are crypto protocols/projects that allow you to do more than just buy their digital token and hold it, in anticipation of it appreciating in value, but allow you to earn passive income from them. This is from something they’ve termed as “staking” or “yield farming.” Think of it as sort of savings account on steroids with some having APYs from 40 - 2,000%! I know...seems scammy! Most are scams, but a few are developing as very legitimate. Very high risk, but of course high reward! Worth looking into, since I feel 2021 will be a very transformative year in the crypto / investment space.

[@2is1gold]

@@DanielDiaz11 yeah, I'm familiar with staking, but I'm not where you're at with it. (Yet! 😅)

[@GrungeGirl314]

While I don't agree, I appreciate your view. It is always good to understand and learn why people decide to make certain moves, so thank you for that. You've got a thumbs up from me.👍🏼

[@2is1gold]

Thanks!

[@InvestmentSeeker]

Thanks for the awesome video. You gave some really good insight. And gave me an Idea on how I can adjust my stack.

[@2is1gold]

Thanks for watching!

[@InvestmentSeeker]

@@2is1gold I watch a lot of your videos and I try to give you a thumbs up on all of them. I like your content. Very informative.

[@2is1gold]

@@InvestmentSeeker I appreciate that!

[@polarroller]

2, your videos are really informative. A fan in Alaska.

[@2is1gold]

Thanks, Polar!

[@EnlightenedPatriot1]

I jumped into stacking precious metals just 8 years ago before fully understanding the market, when the price of silver was around £25 - £30/oz. Later, my lowest paid was around £12-£13/oz, with my average price paid being £20 over that time. I have been "under water" until recently, unable to sell without a loss, yet confident it will come good one day, if only for my grandchildren. I could now break out around even but have no plans to sell and Bitcoin is now my main area of financial interest. Having far exceeded my target of 4-figure oz in silver, together with the sheer bulk/volume and storage problems, etc, I gradually concentrated on gold for it's compactness, portability, desirability, beauty, rarity, etc. I have not bought silver in any amounts for a couple of years, just mainly the Queen's Beast coin series, along with the gold series. My gold has averaged at £980/oz so an increase of around 50%. Far better than having fast-depreciating fiat currency at risk in a bank, stolen for likely bail-ins. My main regret is having bought around 30 of those colourised/gold-gilded/holographic coins (Brit's/ASE's/Philly's/Lib's, etc) as, even though bought at discounted prices on Ebay from dealers asking much more on their own website, they have not realised the potential I hoped for. I would suggest newcomers to silver stacking avoid them and just pay for metal content as I mainly have. That is my story on my silver buying.

[@2is1gold]

Great story. Great cost average on your gold! I’m definitely interested in Bitcoin now as well! Happy New Year!

[@EnlightenedPatriot1]

@@2is1gold Thank you my friend - and you. I always write too much, Lol. We could certainly all do with an improvement on 2020.

[@2is1gold]

@@EnlightenedPatriot1 I appreciate the thought-out comments!

[@SilverHonda0767]

I agree on what you’re saying. With everything that has been going on this year in 2020 the virus, economy and presidential election you would think that silver spot prices would be much higher than it is now.

[@2is1gold]

Yeah, and dealers are taking advantage of that by further increasing premium. It's a bad year to buy silver.

[@SilverHonda0767]

@@2is1gold I think I’m going to focus on buying more gold in 2021. If you don’t mind, please check out my recent video on my American silver eagle monster box journey.

[@missygordon]

Thanks for sharing on silver. Happy New Year!

[@2is1gold]

Happy New Year to you!

[@chrissummerfield9583]

I have a small amount of silver but don't really bother stacking like gold . I think it's price is manipulated a lot as well .

[@2is1gold]

Yeah, I'm not allergic to it or anything. I'm just not interested in its behavior these days! 😅

[@Will-W]

I have enough that if the manipulation ever fails, i'll be a very happy person.

[@TheGroovyJones]

It's definitely manipulated but probably silver even more. The COMEX nearly failed in 2020 from paper manipulation and lack of being able to deliver physical metals when the future contracts were up. "Deliveries" are still way up this year and if buyers continue to demand physical gold instead of dollar value it could have a squeeze type movement. Granted, BIG if. In silver JP Morgan admitted to being a giant price manipulator when they paid their $250 billion fine but now are hoarding all the physical they can get. As if they *don't* know something to cause that big a U-turn, only thing that keeps me looking at silver.

[@ASMRPeople]

I too am mostly buying gold. To silvers defense however sometimes it's premiums increase. In 2017 I bought eagles for 2.50 over spot & generics for 40 cents over spot. I sold some this year and got my premiums back plus whatever the base metal gained.

[@2is1gold]

Yeah, I bought silver up until 2020. Premiums prior to that were a fair amount lower. Cheers!

[@almostliterally593]

i spent about 1000 dollars on silver and now i think i should take a break and focus on gold for awhile. i just wanted to make sure i had at least a little bit of silver first, since many think the value of it will raise soon

[@2is1gold]

Makes sense. Cheers!

[@williamtardif4316]

I bought silver, it is good to hear all sides, as I bought in early 2016 I got good premiums and I'm up roughly 50% in 5 years. Now the premiums are up too high to buy more but I'm hopeful for the 2011 prices as it is due to happen again at some point.

[@2is1gold]

Yeah, I bought in the teens (price and years) too. 2020 was a hard "no" for me.

[@dondoles4126]

I agree with you about most the aspects of silver. I started buy mostly bars back in 2011 . I didn’t spend much time or money on anything that had more than 2.00 over spot when it came to liberty or libertads . I have been able to trade up for gold many times with local dealers . I had a few coin dealers in Ensenada Mexico and in the winery areas of Baja that are reliable but coronavirus has made it difficult to cross the border. Thank you for another informative video

[@2is1gold]

Thanks for watching!

[@PhreeLark]

I stack silver and gold. I think with renewed interest in silver as a monetary metal may change things. For the first time ever silver investment demand was more than industrial. With that said I do prefer gold.

[@2is1gold]

Maybe. Lots of arguments for silver. They just don't sway me off the counter points, personally. Cheers!

[@hi-seas]

That wasn’t so bad....coming from a silver fan. You definitely hit some valid points especially if you started buying 12 years ago, you got to ride that peak in 2011! This is your opinion and as everyone knows the market is a unpredictable monster! I enjoyed the video! Thanks for your honesty....

[@2is1gold]

Thanks! (I was aware enough to sit out the height of the 2011 craziness. I’ve never paid $30 for an ASE, premium included.) ✌️

[@wadepreston7654]

Great video. I got caught up in the hype about 10 years ago. Listening to the forecast of the self proclaimed legends of silver and it’s future exploding value, I thought I couldn’t loose. Focusing on silver and disregarding gold. Huge mistake. I finally came to the realization, If silver couldn’t reach its all time high with this Petri dish of uncertainty and money printing, what was going bring it back to $50 an ounce. My money is now on common-cents.

[@2is1gold]

Looks like we have some similar history. I'm a lot more objective these days!

[@loboplateadostacker]

I'm setting a silver quota limit of one monster box (somewhere in the future), because of the volume and weight. One tube of silver feels heavy in hand, more so 3 tubes to equal the value of a single ounce of gold. One monster box should be more than enough to play with coins, get to know them, for exchanging silver for gold when ratio drops, to keep stacking fun, and as a little gamble in case silver shoots up. So I'm in no rush to fill that monster box with silver, I focus heavily in gold and buy silver just to round up the budget. In terms of saving efficiency, silver has the same premium as 1/4 oz gold, while gold ounces have unbeatable premium and ultra compact storage.

[@mrrice8442]

I completely understand your point I stopped purchasing silver after the premiums were unacceptable to me and bought 2 1/4 ounce gold eagles instead. I think I am done with purchasing any precious metals until the premiums fall the consumer is getting ripped off with these absurd premiums.

[@2is1gold]

Premiums are definitely too high. I’m ready for that to correct. Cheers!

[@shaneprather1493]

very interesting point in the self regulating qualities of industrial metals, and why that is a reason to go for gold over silver. I really appreciate the channel. After having bitcoin since my freshman year in college when it made its initially rally to 20k, and having the words "get gold" scribed on my whiteboard for the next 4 years, I got my first gold bar and shortly thereafter found your channel. Since then I have heavily dove into researching other means of investing via stocks, bonds, IRA's, etc. and have managed to figure out TDameritrade well enough to start a standard investment portfolio and a Roth IRA. I would think that your keen insight and objectivity/non-snake oil salesman personality had something to do with hurrying my financial literacy growth along, so thank you and please continue to make videos on topics people may not want to hear.

[@2is1gold]

That’s fantastic - I appreciate you mentioning it. I wish I had an earlier start, personally. Cheers!

[@StephanieG1]

To give an example of how expensive silver can be in Europe,specifically Britain consider the following. In the Summer I paid £350.00($478.00USD) for 10oz of silver. As of writing that investment is now worth £193.39($264.19USD).

[@2is1gold]

Yeah, that's wild. I can't think of anther asset class with such a high acquisition cost.

[@stevenbodum3405]

i paid 163 euro in the summer for 10 x 1oz britannias, but thats from my german dealer.

[@haraldiniceland]

Good points about premiums (for any metal assets). Also any asset investments call for considering shipment and storage costs. Without that an wealth storage makes no sense.

[@2is1gold]

Yeah. And it’s an easy thing to overlook. Cheers!

[@Mrs.CoinCrew]

The premiums are ridiculous at the moment but I still buy on confidence it will double. If you get too much trade for some gold. If we go back to. Bartering need smaller trade units thanks for sharing your views

[@jeffkeller9009]

Can see your point as a long term stacker, If you bought about 10 years ago the market was way up, and crashed down , BUT I''ve been stacking for only a couple of years, with average cost of my stack at about 19.50. And since spot is about 27.50, I am making about 7 to 8 bucks for each ounce I have, Even if I sell for below spot.

[@2is1gold]

If you held your average cost below $20 as silver continued to rise, you'd do well. The issue I have with silver only comes into play if you (I) continue to buy. As it continues to rise in price so does its acquisition cost. Premium is a percentage.

[@youKnowWho3311]

I have bought mostly gold earlier this year, but I doubled my silver stack back in 2019...... around $16/oz very happy with that purchase. I am watching closely.

[@2is1gold]

Yeah, that's great. I was still buying in 2019 too.

[@SilverHonda0767]

My L.C.S. was selling 2020 American Eagles for $9 over spot. I said no thank you. I went to a different L.C.S. and paid a lower premiums. Happy New Year 🎈

[@2is1gold]

Mine were and still are charging $9 over. They've been $35 for a long time. 👎

[@SilverHonda0767]

@@2is1gold My new L.C.S. charges less than $5. over spot.

[@brycewalts2444]

You speak prefect English haha love the video thanks for the input!

[@viennacoinage6470]

I just buy silver for the collection. For stacking i prefer gold 🙂

[@jackienewson7711]

Well I appreciate your comment concerning silver I am just getting started with stacking and precious metal right now that's all I can afford because I only make $34,000 a year I would love to be able to buy gold maybe one day in the future I will be able to

[@polarroller]

I've really slowed down buying both gold and silver........I'm going all in on Bitcoin and other crypto with my investment funds. I'm not selling my gold and silver I have stacked.....but I'm not buying more when my crypto is increasing over 300%.

[@2is1gold]

That's definitely something to consider. BTC is short term for me, but I'm in on it too. I'm at about a 50% split between gold and BTC right now.

[@aliciacb8284747274]

I wish I could switch to buying solely gold but my budget said no...

[@lpandy21]

Good thoughts and observations. Thank you.

[@2is1gold]

Thanks for watching!

[@ThePlatinumBeast]

Great video bud with great info! I actually found your channel by some of my subscribers mentioning that you and I should collab! 😂 don’t know if that’s something your up for but if you are message me on Instagram or my channel! Either way I look forward to watching more of your videos! You seem like you have a really awesome channel!

[@2is1gold]

👋🏼 Hey thanks! Crazy weekend, but I’ll get subbed and connect. Glad you reached out!

[@tl1850]

In the UK you can only buy cast silver bars at the moment all the nice designed minted silver bars are sold out and awaiting stock.

[@garyyuen3183]

I agree with you. The silver premiums are just too high especially compared to gold. It's quite difficult to profit on silver and gold is the way to go.

[@mozes1745]

I agree, I myself bought a while ago collectors silver coins of 2 ounces a piece and the main reason was that it was a beautiful designed coin manufactured in extremely low number. it’s just a nice coin to look at , no more no less. like you I prefer gold over silver.

[@gregchatterton722]

Good video!! I just started swapping my silver to gold this year and been pretty much only buying gold

[@2is1gold]

Thanks! Kind of fun to be able to get gold for silver you already have! 😄

[@gregchatterton722]

@@2is1gold yes it is. Made my stack so much more portable

[@meteoman7958]

Hi 2 is 1, no arguments here. As you know, I have given up, for now, buying any PM's due to the spiky prices, but it's a bit of a gamble and prices may stay up and I may have nothing to do but count my profits on what I have already bought. But that's not what I got into this for. I like collecting coins, just not at any cost. We should all know by the end of 2021 how this plays out. I forgot, Happy New Year.

[@2is1gold]

2021 will be telling for sure. Happy New Year to you!

[@manguydude287]

I think the bottom line is that they are both an insurance policy. Gold is defined by being ultimately stable, Silver buyers have more of a speculator's attitude. I still wish I had more silver but I got the Gold bug and am slowly working on accumulating more yellow things.

[@2is1gold]

Yeah, I just don't think silver is a good speculative play at this point. It's not popular to say around here, but Bitcoin destroys it in that sense.

[@markdevito5312]

This Vid was dead on to my new stacking strategy. I now only buy silver if it's a fun "collectible" piece. Otherwise the premiums are ridiculous! Right on Dude! Keep it coming! Don't hold back because the mainstream YouBoobers (yes I just "coined" that new word) say something different. Yeah silver is "undervalued" like Land in Florida in the 60's and 70's!

[@2is1gold]

🤣 Happy new year!

[@elihargis9239]

Good to bring counter argument to the table as most stackers get sucked into the echo chamber about eventual increases in price, so giving the contrary opinion prevents too much bias filling up the mind.

[@2is1gold]

Messing with the echo's harmony! 😅

[@mostlyharmless0544]

I agree with you so hard haha. I mean. If you think of gold and silver like computer chips, gold is this super advanced chip that holds way more data than bulky old chips that can only hold a fraction of data. Do you wanna buy a large hard drive that holds very little data, or a small hard drive that holds a ton of data. That’s just how I see it. Silver I won’t say is a waste of space, but you can use your space better with gold.

[@2is1gold]

Dense stacking.

[@mermeg3783]

I appreciate your insights and thanks for making this video. As a newbie, I'm confused as to why palladium, used in petrol vehicles, has been able to rise so substantially over the past several years, but silver will be artificially suppressed by banks, etc. What is the difference? I'm still trying to understand why, historically, silver prices remain so low compared to other metals. Thanks for any insights you can share.

[@2is1gold]

Mostly it has to do with rarity. Silver simply isn’t very rare.

[@PistolPackingPilot]

Great video. Well explained.

[@2is1gold]

Thanks, Pilot! Hope fatherhood's treating you well!

[@PistolPackingPilot]

@@2is1gold Well, since this is my fourth son (AND MY LAST), it’s more of a memory refresher. Lol.

[@superdutyohv3401]

This was eye opening and I will not buy silver for the foreseeable future, just gold! I did a calculation. If you take the $11 premium on a silver eagle and multiply it by the amount of ounces of silver it takes to get the value match to gold spot (79.09 today). The premium dollar amount is $870 for the silver. Substantially higher than the premium on any 1oz gold coin. My calculation was as follows 1oz Gold = 1809 1oz silver = 22.82 1809 / 22.82 = 79.09 x 11 (silver eagle premium) = total premium expense on silver vs 1oz of gold

[@2is1gold]

Yeah, premiums on silver are wildly out of control. Cheers!

[@EmpirePreciousMetals]

Undervalued is going to be changed to “suppressed”. Wow, I almost watched this whole video....

[@2is1gold]

Like in a Monty Python kind of way? (Oppressed? Close enough.)

[@ikust007]

@@2is1gold je n’arrive pas à comprendre si il est content ou non ;)?

[@roryross3878]

Stormtroopers do have unusually low attention spans, so checks out Stormy! 😅😂🤣🤣🤣

[@anthonycassidy1124]

Come on stacking have love big man opinions are like butt holes we all have one this man is only stating big man love you both make love not war people

[@rodneykasputtis9621]

Get some bum coin at $45,000 it’s also undervalued

[@chriswalters6148]

I really like this video and it's true what you said. The only ones making money on silver are the dealers, the coin shops. Silver premiums are waay too high. When silver was quite low, it was very hard to find; I feel the online dealers as well as local coin shops didn't want to sell silver at a low price. Silver collectors can't win. Sigh.

[@2is1gold]

Definitely a tough time to try to buy silver. Cheers!

[@ronpearce3133]

I have been thinking the same thing lately. I can get 2 1/10 gold coins for about 200 LESS than 20 oz of silver. I live in Canada so prices and premiums are higher.

[@2is1gold]

Yeah, even the high premium gold looks good compared to silver options, IMO.

[@ronpearce3133]

@@2is1gold agreed and far less volatility. Steady rise for the most part and seeing in the past 14 years gold has really only been down for 4 of them. 👍