Gold vs Silver (Gold Is a Clear Winner) - But This Is Why I am Buying SILVER Instead!!

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Күн бұрын

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Are you a precious metals investor, or are you considering entering the world of gold and silver? If so, you won't want to miss this eye-opening video! In "Do You Regret Buying (or Selling) Gold & Silver," we dive deep into the world of precious metals investments and reveal the honest truth that every investor should know.
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Our panel of experts will provide valuable advice, debunk myths, and share their personal stories of triumphs and regrets in the precious metals market. Whether you're a seasoned investor or just getting started, this video is packed with information that can help you make informed decisions about your gold and silver investments.
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Topics covered in this video:
banking, finance, gold, silver, precious metals, cash, wealth preservation, economic uncertainty, financial independence, store of value, means of exchange, alternative finance, bank withdrawal, financial strategies, personal finance, financial system, economic trends, global economy, investment, asset allocation, monetary policy, inflation, deflation, wealth management, fiat currency, currency devaluation, financial education, financial literacy, monetary history, financial freedom, financial planning, asset protection.

Пікірлер: 57

@STORMWOLF66 5 ай бұрын

You could use the bar as a door stop and the big coins as a drinks coaster 😆

@nickgardener5802 5 ай бұрын

I just can’t stop myself buying Gold or Silver I like the look of. Visually appealing-takes my money😊

@mouse9088 5 ай бұрын

Just ordered a few silver Britain's my main plan is to leave my stack to my kids.. 😢

@seminumismaticguy8575 5 ай бұрын

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 .

@RussellBury 5 ай бұрын

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.

@benjaminrich4388 5 ай бұрын

Gold is for big money and silver is better for saving on a budget both are going to work well

@homesteadaquarius 5 ай бұрын

Things are getting crazy and I cant decide between the two.

@Coin_Tales 5 ай бұрын

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! 🌷😊

@BackyardBullion 5 ай бұрын

What?

@cdmorrissy3692 5 ай бұрын

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.

@solarion9802 5 ай бұрын

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.

@samuelnewitt6978 5 ай бұрын

I love the look of the Engelhard bars. No fuss, they just went "Yeah, it's literally a brick"

@wolfstacker 4 ай бұрын

Like #421, great video BYB

@drunksupportcharacter 5 ай бұрын

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.

@sorcererscircle535 5 ай бұрын

my guess is that buying directly from the royal mint is not good due to premiums

@seminumismaticguy8575 5 ай бұрын

Unless you are forced i.e not available anywhere else never buy form the mint directly

@byteme0000 5 ай бұрын

Whatever happens to be down at the time, I buy.

@thewildgoose7467 5 ай бұрын

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.

@brocks_stocks6554 5 ай бұрын

Would love to hear your thoughts on palladium.

@ticklefights 5 ай бұрын

Gold vs silver in light of Bitcoin is like Clydesdale vs Mustang in light of the horseless carriage.

@philipbant657 5 ай бұрын

14:34 Yes , just let us know when you are buying silver, and we will wait a little!! 😂😂 Nice one again, thank you.

@daviddavey1727 Ай бұрын

Silver for me has been a severe disappointment over the years.

@rasbobbo 5 ай бұрын

Yeah, maybe.

@maackiaamurensis5703 5 ай бұрын

Gold in the bottom of the ocean will remain shiny. I wouldn't say the same thing about silver.

@nickgardener5802 5 ай бұрын

You don’t need to go to the bottom of the ocean for dirty, tarnished Silver- just nip along to the RM and see their latest coins. You’re welcome.

@philhowarth1519 5 ай бұрын

Ahh someone who says compared with. Thank you

@jamesniazi6561 5 ай бұрын

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?

@ronniejones6398 5 ай бұрын

GREAT QUESTION ❓ NEVER THOUGHT ABOUT IT.

@ronniejones6398 5 ай бұрын

@@homerj806SO WHAT DO YOU DO WITH WHAT YOU HAVE IN YOUR PHYSICAL POSSESSION. ARE YOU SUPPOSED TO TAKE THAT TO THE BANK SO THEY CAN ADD IT TO YOUR ACCOUNT, AND THEN LET THE BANK REPORT IT TO THE I.R.S AND THE FEDERAL GOVERNMENT.😢

@homerj806 5 ай бұрын

@@ronniejones6398 The bank don't report it to the IRS. The Lotto Office does. Don't you know how the Lotto work. The Lotto Office don't give you the money and you pay the taxes. The Lotto office gives the taxes to the IRS first before you even take possessions of the money. It is not just taxes. If there is a lien against you, the lotto office must give that lien to the court before you touch that money also. Please understand how the lottery system work before making a comment like that.

@user-st8bk4sk9i 5 ай бұрын

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?

@MarkDay-nv8fu 5 ай бұрын

I'm happy to keep my cash in the bank while a dip comes along

@samuelnewitt6978 5 ай бұрын

If it's in a bank it's not yours, and we're in a dip right now. If it wasn't so close to Christmas I'd be all over either metal right now

@MarkDay-nv8fu 5 ай бұрын

Spring 2021 gold hung around at £1250 an ounce for a few weeks, patience on pulling the trigger pays off

@Nikotromus 5 ай бұрын

I gave up on Silver. It's never going to fly.

@richardakroyd6479 5 ай бұрын

I bought some gold coins and the price drop over 2 days afterwards 😅

@GrandChessboard 5 ай бұрын

Simple, don't buy at ATHs.

@richardakroyd6479 5 ай бұрын

@@GrandChessboard I buy when I can I don't base it on spot. I've had some bargains and some a little above average. But because I don't plan on selling for a very long time, what I pay now will not really matter.

@sh4969 5 ай бұрын

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.

@user-cv7qb5tn8e 5 ай бұрын

Try buying your bullion with toilet paper

@byteme0000 5 ай бұрын

I don’t think that “most Americans” are dumping the dollar and buying silver and gold. Most people I know are utterly oblivious to most matters pertaining to money.

@simplybeef8232 4 ай бұрын

"Most" Americans are not...

@mariohostios 4 ай бұрын

This is objectively false. Very few people have gold or silver. Or BTC. Go ask 10 or 100 people about it.

@JohnPickup-CDHS-ze6qd 3 ай бұрын

@@user-cv7qb5tn8eor try buying toilet paper with your bullion

@JohnPickup-CDHS-ze6qd 3 ай бұрын

If everyone has a ton of silver lying around and the economy tanks, which one do think is gonna yield the highest ROI? End of discussion. I love silver from the bottom of my heart, but it's becoming more and more worthless "When everyone is buying, it's time to sell" - Warren Buffet or some shit

@skytrooper506 5 ай бұрын

It's just cheaper and you can get a fix for less money.

@marialangley5528 5 ай бұрын

Great stuff. Crypto col

@danielbast352 5 ай бұрын

Did you steal the wall panel for a table top

@BackyardBullion 5 ай бұрын

Sorry what?

@danielbast352 5 ай бұрын

@@BackyardBullion your table matches my wall paneling…

@cjanderson5841 3 ай бұрын

Inflation is far from over bud

@BackyardBullion 3 ай бұрын

Its nowhere near as bad as people expected.

@cjanderson5841 3 ай бұрын

@BackyardBullion what do you mean? Most major items have went up 20-40% within 2 years, mortgages rates trippled in 9 months. Credit card debt is at an all time high with savings at an all time low. As soon as the FED cuts rates and they have to print money to buy treasuries that no one will want, inflation will get back on it's rocketship.