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    Was Buying Silver and Gold A VERY BAD Idea?



    #Gold #silver #preciousmetals
    Did you see the new epic coins from The Next Evolution Series of Robots of the future with human emotions?

    In this video I talk about whether or not buying silver was a bad idea. Silver has lost a lot of value over the last year and has dropped in price significantly in the last few days. Silver price always dictates the bottom line for what people should pay for the metal. But is it actually as good as a lot of people say? When is the right time to buy, is not the right time. Is this a dip in silver price or just part of the slow steady decline in it’s value.

    My original video: https://youtu.be/p769FBTYTVQ

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    I would suggest anyone looking to invest in gold and silver to get in touch with qualified financial advisors and work out what is best for YOU!

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    What do you think? Comment below!

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    Thanks for watching and I will see you next time!

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    View 47 Comments

    47 Comments

    3. Infinite Monkey on

      Haven't bought a thing since the pandemic premiums started but I have my heart set on the next gold Libertad. Hopefully it will be a low mintage year ?

    4. Yankee Stacking on

      A few other asset classes in my portfolio are MUCH better investments then gold and silver. That’s why it’s only comes in at 10% of my wealth (hopefully heading to 15% by retirement). Precious metals are wealth insurance and a potential barter currency. That’s pretty much it. They’re BEAUTIFUL, they’re FUN, but not a very good way to build one’s wealth.

      And if things DO go sideways with a dollar collapse and war or whatever, I’m not the type of guy to just roll over. We American Patriots and Preppers don’t give up so easily. All the best buddy! 🇺🇸 👌🏼

    6. EJKA Legal on

      Mr Bullion tells us how bad silver is, all the while showing us absolutely gorgeous pieces of silver like that massive silver coin that looks like it was minted by the Elves, or that magnificent silver golf ball that I'd swap my wife for!! :))

    8. cris on

      buying precious metals is like any insurance, you may or may not need it one day, i have a bad feeling though i may need to use it soon, i hope not

    10. Billy Bob on

      Buy the dip, buy the dip, buy the dip, that is all we ever fucking hear from the metal sellers and pushers! They are the only groups making any cash! I have been hearing the same thing for over a decade. The best time to buy was in the mid 80s and 90s thru the 2007!

    12. doc hudson on

      Silver is NOT an investment, and should never be seen as such. PMs are much more accurately a storehouse of capital or capital preservation in volatile times.I tell people to view silver much like money insurance. You kind of hope that you never really need to use insurance, but not having insurance to protect your assets from a currency/economic catastrophe guarantees that you will suffer maximum financial disaster.

    18. Watcher of Things and Other Stuff on

      Considering that the world economy is basically in meltdown mode, I don’t think investing in gold and silver was a bad idea. I would have lost far more money had I invested the same amount in stocks starting last October. I’m going to wait until January 2025 before I think about what went right or wrong, and what I could have done better.

    20. Urban Aerials on

      I started stacking at the start of this year, I’ve already learnt it’s better to buy things like the more limited mintage Perth mint Wombat, Wedgetailed eagle, quokka etc…. They’re all 30,000 limited mintage and instantly sell out and go to 2x spot price on secondary market

    21. Ian Bird on

      Silver and gold taught me how to save gold is for retirement Silver for the kids not worried at all, but as the industrial demand drops with any kind of slow down and people think twice about purchases silver will drop but will come back as demand increases

    23. Edward Morley on

      coingrats on 40 k! but i do wish i could buy that/a big brother to my 12 oz BYB ball right now. sadly ill haft to wait and hope you are wrong lol

    25. Cairpre Liffechair on

      As a guideline, if you cannot carry it with you in a backpack, you might have too much… Personally, 180 ounces of silver covers a full months expenses. Does one really think lugging around a year's worth a good idea?

    29. Ben Dover on

      Timing is everything. WSS people who backed up the truck at $30 on FOMO squeeze hype was a very bad idea. NEVER buy anything on FOMO or hype. Bitcoin is another example.

    32. Ama Aakhut on

      Not trying to build wealth with silver and gold but I love collecting, just like I collect antique vintage jewelry and bone china just a hobby for me and since prices are low I going to get a few more, just for fun, heck if it bottom out I can melt it down and make some nice jewelry.. it's fun that's the way I see it and I have a lot of herilom organic veggies seeds that might be the new currency seeds to grow food. Who knows time will tell. I also collect gold bullion too. Thanks for sharing

    33. Numismatic Stacker on

      I just did a video about this subject last night and I was saying I'm waiting until januaryou can tell January to buy any silver and I'm gonna buy the cheapest silver I can

    37. The Ambiguous truth! on

      Silver is not a good buy. Buying bitcoin or tech stocks that are down 60% percent are a better buy! Lol silver has held up better than other assets! Its actually more amazing than people like you say it is!

    38. The Ambiguous truth! on

      I'm backing up the truck! The advice not to buy more when prices are beat up is the worst advice possible. Always buy more as it goes Lower! If you dont want to buy more as it goes lower then it's time to sell and move on!

    40. The Ambiguous truth! on

      Silver is absolutely going to the moon! The green industrial revolution cant happen without silver going to the moon. If silver doesn't go to the moon then the electric revolution will fail. I personally hope it does! I love the freedom an autonomy my petrol car gives me!

    43. Rule Britannia on

      What's people's thoughts on platinum? I bought £300 pound of digital platinum at the Royal mint on Saturday and I intend to buy £200 to £300 worth every month for 2 years, because I just feel although there is a big surplus at the mo surely at its current price the only way is up. Famous last words I know

    45. Tru Hartwood on

      I think it's important to point out that there is no such thing as a totally safe bet or a sure fire way to make money. Holding cash is dumb with the rate of inflation. The stock market could go even lower than it is now. Crypto could be heading to zero. The real estate bubble looks primed to burst again. A likely recession or depression means it's a bad time to invest in start-ups. So, when looking at alternatives, you could do a lot worse than PMs. I'm not holding cash and I'm not, nor have I ever bought into crypto (feeling a bit vindicated on that right now!), but I am still spreading my investments around to stocks, venture capital, and silver at a ratio of around 20:1:3. I don't expect any of these to make money any time soon (wouldn't be surprised if they all went down even more for a couple years), but I'll be holding onto the stocks for at least 15 – 25 years, the venture capital probably for 5 – 10 years, and the PM I plan to hand down to my kids if I never have need of it.

    46. Iain Mclesse on

      hi backyard would it be possible for you to do a video to make people aware of fake silver with magnets or that liquid that changes colour. Silver is possibly the only item that certain people can afford if you stack and you have access for more people than me. Cheers boss keep up the good work

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