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32 Comments
14:34 Yes , just let us know when you are buying silver,
and we will wait a little!! 😂😂
Nice one again, thank you.
Silver has been cheap for decades. Just consider a bitcoin & how much silver you can buy with a bitcoin. A bitcoin is backed by nothing & has only one use the same as FIAT. Well at least you can snort coke or start a fire with it. 😅
Yeah, maybe.
I bought some gold coins and the price drop over 2 days afterwards 😅
Ahh someone who says compared with. Thank you
I'm happy to keep my cash in the bank while a dip comes along
I love the look of the Engelhard bars. No fuss, they just went "Yeah, it's literally a brick"
Did you steal the wall panel for a table top
Exciting news! Rose number [53] is my contribution to your garden. 🌹 I hope it blooms with the essence of your creativity. Can't wait to see our collaborative garden filled with unique flowers! 🌷😊
Inflation is under control for now, a few are calling for a considerable pick up in inflation later next year
You could use the bar as a door stop and the big coins as a drinks coaster 😆
But, BYB, really: the past cannot predict the FUTURE of gold and silver (or stocks for that matter)! Or did I misunderstand what you said?
Would love to hear your thoughts on palladium.
Great video
How will gold and silver be impacted if the government decides to turn fiyat money into digital currency?
Does anyone know?
Does the government know?
I buy and hold BOTH. I buy 1 oz. Gold Maples to convert a larger amount of cash without the "hassle" of the extra weight of Silver – BUT I hold $40,000 in 90% Silver US Dimes,
Quarters, Halves for smaller transactions, without having to pay the extra cost of smaller size Gold (and .999 Silver) bullion coins, as the premiums for 90% coins (except the
Silver Dollar) are the same. I do have a good number of Silver Dollars and those carry an additional $5 to $8 over Spot value depending on their condition.
Silver price will always be manipulated by the industries. The true value of silver will only show when it stop being industrial metal. Which will never happen. Unless it’s world war 4.
I had to give up smoking to fund my dirty silver habbit, will be 10 years in a few months smoke free and i just thought i would check how much a pack of golden viginia is these days… £37.00 for 50g, jeez, i smoked over 100g a week! I can now justify a silver budget of £3,800 a year and my entire stack is what would have been mere smoke vapors, a lungy cough and wallpaper as yellow as my finger. Silver as an investment is incredible when funded correctly. i seem to think when i started stacking; an ounce of silver was roughly my smoking costs. if silver was £70oz i would still consider it a good purchase in comparison to other things.
Gold in the bottom of the ocean will remain shiny. I wouldn't say the same thing about silver.
It's just cheaper and you can get a fix for less money.
Most Americans are dumping the dollar buying gold and silver bullion & a lot of states are passing laws you can buy anything in that state with gold and silver bullion instead of paper money, which is toilet paper.
Gold is for big money and silver is better for saving on a budget both are going to work well
I just can’t stop myself buying Gold or Silver I like the look of. Visually appealing-takes my money😊
Gold vs silver in light of Bitcoin is like Clydesdale vs Mustang in light of the horseless carriage.
I had a conversation with an economist with a PHD from an Ivy league school. He basically said economics is a guessing game. There are too many variables to determine what will happen.
Things are getting crazy and I cant decide between the two.
I think on silver that psychological $25 mark is where it will lie through 2024, and really its something ill keep for time, as "savings" its a protective measure if silver randomly went to say $50 Oz spot for the week, (around £39) many of us will be quids in, as that will be the time to do so, I feel silver has momentum it never had before, so it will be stable, and have a consistent bump up every year, up to 1% at least average, we still aint out of "Pandemic fear" inflation yet, and probably wont be for 4/5 years?
Theres a thing that i say for silver, if someone who cant save for whatever reason, and they were "in the moment" of needing to save, their drastic measure will be to buy a new silver coin with the vat, as they can afford it at that point in time, yet in dire times, when they need to melt it, they spent basically £30 back then, for £20 when they needed it most, maybe they done that once a month, and got £240 to spare when they see their world breaking, likely not going to solve anything quickly, but it will keep their mentality in check for those people and will be a bit of a lift at the very least.
my guess is that buying directly from the royal mint is not good due to premiums
Great stuff. Crypto col
I gave up on Silver. It's never going to fly.
Not one cherry picked dataset , Silver has done worse than gold over the vast majority of time periods since the end of the gold standard I checked every single 1,2,3,5,10,15,20,25 year period and it took me ages but glad I did to get a proper picture of what I'm buying . Having said that buy what you like . IMO silver will out perform silver for a short period when the economy recovers but as I only stack for the long term that's irrelevant to me , I need the metal that is most likely to perform better . For reference I still own 400-500oz silver from back in the day. Silver high dependency on industry is not a plus it does it no favours .
Price inflation is far from "under control" as its effects are cumulative. I think you mean to say that the growth rate of inflation according to government sources is somewhat under control…at 4.6%.
As far as which metal to put debt digits into at any given time, I personally like ratios. A gold : silver ratio of 85 : 1 means buy silver. A gold : platinum ratio of 2.16 means…buy platinum. Gold is lovely for preserving wealth over great spans of time. However the other metals are currently cheap relative to gold.
Barring and emergency situation I won't be selling ANY silver or gold no matter what price they reach.
Gold and silver are real money and have been for thousands of years, it's just that the public have been temporarily fooled into believing that a debt note for an unpayable debt has value.
The only things I'd trade my gold and silver for are other tangible assets, and certainly not the funny money.
And regarding rising prices ("inflation" is excessive money printing and rising prices are the the result) hold onto your hat because the printing presses will be going into overdrive in 2024.