When to SELL Your Gold

  Рет қаралды 23,702

2 is 1

2 is 1

7 күн бұрын

Is now the time to sell your gold? This is a pervasive question but one that tends to come up far more this time of year. Let's look at historical trends to show which months are best to sell and cover the specific reasons you may or may not want to sell RIGHT NOW.
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Пікірлер: 345
@JakobIlar
@JakobIlar 5 күн бұрын
Am I starving to death? No. Then I'm not selling.
@hulitumhansen352
@hulitumhansen352 5 күн бұрын
hold gold sell silver
@bigjon9596
@bigjon9596 5 күн бұрын
Exactly....emergencies only
@yedidyah-jedshlomoh1533
@yedidyah-jedshlomoh1533 2 күн бұрын
@@hulitumhansen352 Got land. Got physical gold. Got physical silver. Got garden. Got orchard. Got God. Got dry powder. Got happiness. Will hold.
@getx1265
@getx1265 5 күн бұрын
Still have my first piece of gold from 1967... I'm pretty much a NO sell guy. Ever.
@2is1gold
@2is1gold 5 күн бұрын
Nice!
@marknaji7148
@marknaji7148 5 күн бұрын
And you still alive !!! Damn you must be at least 80
@argusc3310
@argusc3310 5 күн бұрын
Must be a Krugerrand.
@coltharwood494
@coltharwood494 5 күн бұрын
Bought my first Krugerrand in 1977.
@getx1265
@getx1265 5 күн бұрын
​@@coltharwood494 About when I bought my first... for $300!
@christophersuzor6838
@christophersuzor6838 5 күн бұрын
Hold or get more Gold is the question
@jamieprewitt
@jamieprewitt 5 күн бұрын
In the last 91 years Gold has gold has risen 12,400% I’ll stick with historical figures…. Hold
@2is1gold
@2is1gold 5 күн бұрын
🤜🤛
@SandstormGT
@SandstormGT 5 күн бұрын
HODL
@FloydThePink
@FloydThePink 5 күн бұрын
Gold price was fixed until 1971, so I would only count the increase since Nixon.
@peterbedford2610
@peterbedford2610 5 күн бұрын
Gold was a global product on the global market despite what was happening in the US. US was still only priced by the US at $35 in the 1960s , while the global price was much higher.
@FloydThePink
@FloydThePink 5 күн бұрын
@@peterbedford2610 There was a slight difference. Any more than slight would have created a much bigger arbitrage than there was. It is the same today between the Shanghai and COMEX prices. Shanghai spot price is 10 percent higher than COMEX, but physically moving that much silver is cost prohibitive. Let the Shanghai spot price get to 25% + and you will see tons of silver move (and I do mean tons). Just as you would have seen a good chunk of US gold leave if it was worth that much more elsewhere.
@bobhesse7118
@bobhesse7118 5 күн бұрын
Gold is wealth,why would I sell my wealth
@2is1gold
@2is1gold 5 күн бұрын
🤜🤛
@nooneimportant779
@nooneimportant779 5 күн бұрын
Sell in May and walk away. Rebuy later at a discount. Houses are people's homes, but millions sell every year. Don't be daft.
@hubster4477
@hubster4477 5 күн бұрын
Are you selling for free?😂 People flip houses, day trade, start up companies then sell, lots of people sell!
@jwolf75638
@jwolf75638 5 күн бұрын
Amen! I didn't buy mine too make money, I bought it to protect my wealth.
@JFEnterprize
@JFEnterprize 5 күн бұрын
Would be a gamble but if the market collapses. Gold is going down too. Like those who sold a bit at 32.45 earlier and are now buying back or waiting to. Be nice to know how much it would fall. Would t sell your collective pieces but generic bars ect for the profit would be fine. Danger of that tho is if the price is cut by half doesn’t do ya any good if there isn’t product to purchase. Then your caught with your pants down 😮
@TheQuickSilver101
@TheQuickSilver101 5 күн бұрын
I've never understood the mindset of selling physical gold to turn a profit. I buy physical to sell only when and if I need it. If you're in it to make a profit buy paper gold and skip having to store and look after the physical
@2is1gold
@2is1gold 5 күн бұрын
Same.
@christopherstewart9874
@christopherstewart9874 5 күн бұрын
I wouldn't even try it with paper gold. The best investment results I ever had was when I looked at my portfolio once per year. For the vast majority of people, trading is a losing game.
@edb3877
@edb3877 5 күн бұрын
@@christopherstewart9874 I've traded stocks and done well with 18-25% returns on my trades in 4-8 weeks time. But it's just not satisfying. I don't feel as if I am building anything of real value. It's just a way to extract capital from a market that needs a lot of capital working at building something really important. So, yes, I CAN do it, but should I? No, not really. Same with trading options and futures, IMO.
@johnpower8356
@johnpower8356 5 күн бұрын
I'm not selling, my kid is waiting for his quiet untaxible inheritance. I would only sell in an emergency.
@bradfordjustice7146
@bradfordjustice7146 5 күн бұрын
Exactly the reason i only buy. I wont sell unless worst case scenario.
@Viking-Gold.
@Viking-Gold. 5 күн бұрын
Thanks for that tidbit JohnPower... I didn't know PM was untaxable!!
@stevexracer4309
@stevexracer4309 5 күн бұрын
Gold should not be taxed, because gains are not real gains; its just inflation making gold worth more
@Viking-Gold.
@Viking-Gold. 5 күн бұрын
@@stevexracer4309 Thanks Steve!
@SergiuM42
@SergiuM42 5 күн бұрын
@@stevexracer4309this is exactly right. Also according to the constitution it’s money.
@Triplaglol
@Triplaglol 5 күн бұрын
This time of year last year I started stacking gold, I just bought my 16th ounce last week. I don't see myself selling ever unless I can finally get a big enough stack together to convert it into land or real estate.
@thingamujigger1585
@thingamujigger1585 5 күн бұрын
You're already there depending on where. Nicely done!
@paulgomez3254
@paulgomez3254 5 күн бұрын
Started 5 months ago. I’m up to 13 oz.
@matthewrobinson8886
@matthewrobinson8886 3 күн бұрын
Unreal effort guys
@bchuhay
@bchuhay 5 күн бұрын
Do not sell UNLESS EMERGENCY, just keep stacking.
@wasillastacker
@wasillastacker 5 күн бұрын
I stack metals to supplement my retirement. When that happens a few years from now I will slowly start selling to do the extra things I want to do. Ideally I'd like to be down to my last coin just before I take the long dirt nap.
@benjaminmale601
@benjaminmale601 5 күн бұрын
Why sell what will be the last man standing.
@calebdoner
@calebdoner 5 күн бұрын
Gold isn't an investment for me. It is an emergency fund.
@2is1gold
@2is1gold 5 күн бұрын
Good plan.
@go4it129
@go4it129 5 күн бұрын
Exactly
@Triplaglol
@Triplaglol 5 күн бұрын
And savings.
@ValuedCustomer-kl6yp
@ValuedCustomer-kl6yp 5 күн бұрын
Gold for Savings, cash should be for emergencys
@jaydot6360
@jaydot6360 5 күн бұрын
I invest in Pokémon cards and it has performed better than all of my other investments 😊
@walidkhatib3859
@walidkhatib3859 5 күн бұрын
Hold until recession hits buy real estate
@dariusjuozaitis5859
@dariusjuozaitis5859 5 күн бұрын
😂😂😂
@walidkhatib3859
@walidkhatib3859 5 күн бұрын
My strategy, instead of holding cash
@ethancostello7023
@ethancostello7023 5 күн бұрын
Yes and keep the gold and take out loan against it
@THECRANKYONE
@THECRANKYONE 5 күн бұрын
I used to like that idea. But, the taxation of property is a YUGE issue in my state. No taxes on money in our state. Just hold.
@THECRANKYONE
@THECRANKYONE 5 күн бұрын
Great video 2is1. Thank you for your perspective.
@attagurlprepping9809
@attagurlprepping9809 5 күн бұрын
Precious metals are preservation of wealth. I'll hold as long as I can!
@go4it129
@go4it129 5 күн бұрын
No intentions of selling gold. Slowly selling almost all of my silver for AU
@2is1gold
@2is1gold 5 күн бұрын
🤜🤛
@ItsEverythingElse
@ItsEverythingElse 5 күн бұрын
At a GSR near 80?? That makes no sense.
@bhargi4692
@bhargi4692 5 күн бұрын
You mean in the future when silver runs?
@edb3877
@edb3877 5 күн бұрын
@@ItsEverythingElse Silver has always had a "lot of potential" but the REAL question is, "Will it ever realize its potential or not?". Other than for the past several months, it hasn't done a lot of realizing.
@johnmorgan9731
@johnmorgan9731 5 күн бұрын
It should hit fourty not soon but around the corner. When 32 becomes the resistance we will see the run up to 40. According to Kitco latest analysts
@Alachua03
@Alachua03 5 күн бұрын
Just bought two more gold buffalo's on Monday.... I'm in for the long haul! Started buying when gold was under a thousand. Allowed me to pay off that mortgage when I sold my graded coins. Be kind to gold and it will take care of you! (Funny aside - as a college kid on an Archaeological trip to Mexico when Nixon took us off the gold standard, a young man on the crew bragged about buying a 1 ounce+ Mexican gold coin for $35.00... to this day I wonder if that kid kept that gold coin or sold it)
@2is1gold
@2is1gold 5 күн бұрын
Nice!
@edb3877
@edb3877 5 күн бұрын
"... to this day I wonder if that kid kept that gold coin or sold it" I had the very same feeling when I watched a couple of men argue in a coin shop about buying a St. Gaudens $20 gold coin back in the day. One of them said, "Why pay $100 for a $20 coin?" while the other said, "Man that coin is gorgeous and should become more valuable in time." Dad and I left the book store / coin shop before they made a decision, so I've long wondered whether or not that coin was purchased that day and if so whether one of them kept it for a son or a grandson.
@peterkavan8368
@peterkavan8368 5 күн бұрын
He's holding it forever, He knew the value of getting it for $35 enough to brag about it
@Triplaglol
@Triplaglol 5 күн бұрын
I have been getting some of my friends and family into stacking gold and silver. And the real fun thing about that is we buy from the same dealers so we know it's the real deal, if any of us need cash we can just trade the gold or silver for spot price, no premiums involved. This is so good. We basically have savings that while we hold it theres no risk unlike having savings in a bank and can convert it back into cash at spot prices at any time we want.
@2is1gold
@2is1gold 5 күн бұрын
Smart.
@edb3877
@edb3877 5 күн бұрын
Excellent move on your part - a family banking system. 👍
@raydziesinski7165
@raydziesinski7165 Күн бұрын
I enjoy each of your podcasts.
@raiderdrew988
@raiderdrew988 5 күн бұрын
As long as you trade paper for Gold any price is a steal 😊
@gen10nine43
@gen10nine43 4 күн бұрын
Not stacking for investment, stacking for when SHTF, so not selling.
@jasonandjulim4163
@jasonandjulim4163 5 күн бұрын
Just my thoughts. Now is not a good time to sell just because the entire formula for "what's next?" is not looking great for anything right now.
@bradleyozbun1012
@bradleyozbun1012 5 күн бұрын
💯 to you all . Holding and trying to stack more when able .
@2is1gold
@2is1gold 5 күн бұрын
🤜🤛
@michelcowels4317
@michelcowels4317 5 күн бұрын
If it’s a short term holding yes. Now is the best time to sell. If it’s an emergency fund, yes now is the the time to hold. Or the second best time to buy (the best time was when the price was lower).
@natemr4482
@natemr4482 5 күн бұрын
Great video brother thanks for the info 🥃🥃🥃
@2is1gold
@2is1gold 5 күн бұрын
Thanks Nate! 🥃
@wda-59-14
@wda-59-14 5 күн бұрын
Still picking up gold on or ahead of schedule...no silver...also added a couple cases of pew pew food as that stuff's as cheap and available as it's ever going to be.
@2is1gold
@2is1gold 5 күн бұрын
🤜🤛
@__Ryan_
@__Ryan_ 5 күн бұрын
I loaded up on ammo a while back when it was actually cheap.
@edb3877
@edb3877 5 күн бұрын
@@__Ryan_ 2012 was my wake-up call on ammo, so I stack ammo when it's cheap. It's cyclic, so buying cheap isn't that difficult. Same for reloading supplies, although the timing might be somewhat different.
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
Great video and thanks for the shoutout. I think you're spot on when you say that end of year price up trend may be playing out this year. If you factor in rate cuts, it looks like that is lining up perfectly.
@2is1gold
@2is1gold 5 күн бұрын
I don’t even know what could change it. (I don’t want to know. 😄)
@R4NDLL
@R4NDLL 5 күн бұрын
Hold until price goes up, then keep holding until it goes up more. That's my plan, anyway.
@2is1gold
@2is1gold 5 күн бұрын
Ha. Good plan.
@dariusjuozaitis5859
@dariusjuozaitis5859 5 күн бұрын
👍👍👍👍
@ebikescrapper3925
@ebikescrapper3925 4 күн бұрын
I think it depends on how you treat it, as an investment, as a commodity or an emergency fund. A dealer will take a cut, the market can get flooded when the price is high, online auction sites will take a fee. I have sold to a dealer and took the hit, put the money in my pension and got the hit back in tax benefits. War and national disasters will make prices high, supply and demand principal.
@invoxicated
@invoxicated 5 күн бұрын
I bought a NGC MS61 1895 $20 Gold eagle in 2007 for $430. Market value todays is $2470. I'm not selling. Wished I had bought more back then.
@SonofLiberty76
@SonofLiberty76 5 күн бұрын
Great vid as always and fantastic analysis! I just dont plan on sellin for another 5-10 years anyway.
@2is1gold
@2is1gold 5 күн бұрын
Thanks!
@Viking-Gold.
@Viking-Gold. 5 күн бұрын
Love your set up btw, with a different classic read in your background. Agree with your not selling unless there is an urgent need... I plan on collecting with the purpose of never selling for any reason, and leaving it to pass on to my kids. Keep up all the great information! Enjoy looking at your stacks, and you have very listenable voice modulation. We appreciate your time as well in making these videos! ~ See you in Valhalla! 🗡
@2is1gold
@2is1gold 5 күн бұрын
Thank you - cheers!
@BA-lt2tx
@BA-lt2tx 5 күн бұрын
Anybody who thinks it's a good idea to sell their gold hasn't been paying attention to the bond market lately. The reaction of the long term yields to Friday's PCE was a bit of a shock and yes, I know people came up with a bunch of narratives to justify the yield spike after the fact but the Friday's trading timeline shows these narratives are just garbage. When we look back a year or two from now, gold at $2300 will be considered cheap IMO.
@2is1gold
@2is1gold 5 күн бұрын
That's the most likely case for sure.
@Jackaroo.
@Jackaroo. 5 күн бұрын
Yes, sell your gold So I can buy it
@BoBear79
@BoBear79 5 күн бұрын
It's funny. Uncle Warren always poo-poos on gold as an asset but inadvertently defined the desired holding period as "forever." Gotta love it! 😊
@Coindom65
@Coindom65 3 күн бұрын
I've been stacking for roughly 30 years, the one time I sold was in early 2012 because I was putting up a machinery shed and I still regret selling gold but the platinum sales are still looking good to this day.
@silversleuth007
@silversleuth007 3 күн бұрын
I recently rediscovered my stacks. I would only consider selling the broken 14k jewelry if thought I sold at peak price in 2011, and any 14k jewelry my wife has stashed. I have a 1-gram gold bar that was freed from it's assay card that I want to try to pound into a ring. Great video on an excellent subject. Thank you.
@ferebeefamily
@ferebeefamily 5 күн бұрын
Thank you for the video.
@2is1gold
@2is1gold 5 күн бұрын
Thanks for watching!
@fireboltaz
@fireboltaz 5 күн бұрын
I picked up two recently and plan on picking up two Flowing Hair Gold ones from the US Mint when they’re available
@wernermesserer4464
@wernermesserer4464 5 күн бұрын
When the price of my position has doubled i would sell 25%, and be very relaxed thereafter.
@h.wayneb3495
@h.wayneb3495 5 күн бұрын
Fat stackers and slim stackers meaning tightening budgets slow or stop ability to stack physical and force a sale at times of emergency for some when absolutely cash on hand to take care of that is short. Only been in stacking a couple years so way behind compared to some decades stackers however thanks to channels like this I feel much more secure with g & s stacks vs paper. Nothing in system of fiat seems safe and questioned if you withdraw it. Stack on best you can physical assets gives that warm and fuzzy feeling of your own bank. Thanks for sharing your insight.
@2is1gold
@2is1gold 5 күн бұрын
Cheers!
@Metsfan1986
@Metsfan1986 5 күн бұрын
Very useful charts presented to us. So thank you for fhat. I bought a couple of ounces in January of 2023. One ounce was from nationwide for $1875. I haven't been adding much since that, but I'm holding what.I have gotten in the past 5 years.
@2is1gold
@2is1gold 5 күн бұрын
Cheers!
@kertbert1
@kertbert1 3 күн бұрын
It's too much a part of the family to sell unless I need to buy food. I can't imagine that ever happening.
@LMUstacker
@LMUstacker 5 күн бұрын
actually, after having waited for the prices to calm down since March 4, I was going to buy. Prices have settled enough, they clearly aren't going far from what they did in the last week. However, starting from September, we might be facing an unknown rollercoaster: US elections, first rate cut?, second rate cut?, plus Gaza/Lebanon and Ukraine. So I'm planning to buy 5 coins between now and the end of August. Then, in the worst case, I'll wait January to see how things go and if prices settle again.
@2is1gold
@2is1gold 5 күн бұрын
Yeah, lots of potential news later this year. Cheers!
@TacticalTimmyGoldandSilver
@TacticalTimmyGoldandSilver Күн бұрын
I'm right there with you for physical assets with higher premiums it is better to buy and hold until you absolutely need to sell. If you want to play a speculative game go to stocks where you basically can buy and sell commission free most places today.
@rjjr7064
@rjjr7064 5 күн бұрын
Miney has been tight for me recently and selling has seemed appealing but it goes against the fundamental reason i bought gold and silver. Im going to hold out as ling as i can but if i must sell then i will
@naelal7878
@naelal7878 Күн бұрын
@2is1 would you be interested in engaging in some kind of debate or maybe a panel discussion with some of the silver stackers? We normally hear monologues of what people think of the “other” side. It would be great to get a live of “both” sides. It could be a great event for the viewers and offer lots of knowledge.
@luisperna6308
@luisperna6308 4 күн бұрын
Holding for upswing!!!
@ausloth3100
@ausloth3100 5 күн бұрын
I’m still buying. Still got goals to accomplish
@bo_dink
@bo_dink 5 күн бұрын
Sell? Heck no! I'm buying!!! My gold is like my firearms. Never sold one of them either.
@felipetejeda7545
@felipetejeda7545 5 күн бұрын
If you’re in a situation where your forced to sell, you over invested and didn’t have an emergency plan. Selling should only be done of your own volition.
@edb3877
@edb3877 5 күн бұрын
My theory is that I never want the market to decide when I sell something. I remember a lot of stock investors bailing out of shares at or near the bottom in very early 2009. At that time, I was buying up shares hand over fist. When the market recovered in March of 2009 and on into 2010-11, those cheap shares really zoomed. Those who sold then compounded their mistake by not being able to find a suitable entry point, so many of them never participated in the recovery for a double smack upside the head.
@ManstoneTrading
@ManstoneTrading 5 күн бұрын
currently buying gold futures for the swing
@rogerjohnson8707
@rogerjohnson8707 5 күн бұрын
I'm not selling and I can't imagine a scenario where I would. I'm waiting for the price to drop.
@nikkir1664
@nikkir1664 5 күн бұрын
One thing I learned the hard way in the 11 years I've been buying gold: gold is something you buy and don't sell. I'm now just waiting, though, for the ATH again to sell a tiny portion of bars with brown spots that bug me a lot 🤦‍♀️
@doriastein6001
@doriastein6001 5 күн бұрын
I’m also buying gold for savings, it makes no sense to trade it back for fiat. That’s what stocks are for.
@2Eaglez
@2Eaglez 5 күн бұрын
No longer buying physical silver, have enough. Still buying pre 1933 gold coins, will not sell until we get hyperinflation and then only if I had to sell for a catastrophe.
@TwitchRadio
@TwitchRadio 5 күн бұрын
Hey... , why are you eavesdropping on my calculator boss😂😂😂... Jk, hope you are well, thought I'd drop somthing for the youtube algorithm 😎✌️
@2is1gold
@2is1gold 5 күн бұрын
Ha, thanks!
@kryptos5208
@kryptos5208 5 күн бұрын
After 36 years of buying gold and silver, I sold 10 oz of random gold that just didn’t fit into my “collection” and 300 oz of generic silver. I did this over several weeks in April and May. It was a surreal feeling. The rest I will save for a later day. Maybe never…
@2is1gold
@2is1gold 5 күн бұрын
I have some random stuff I’ll sell at some point too. Not a bad idea to move less popular stuff when spot is high. Cheers!
@usptact
@usptact 5 күн бұрын
Year end promises to be interesting. Better hold that Au and see what happens.
@2is1gold
@2is1gold 5 күн бұрын
🤜🤛
@oxtalks
@oxtalks 5 күн бұрын
The fact that spot gold is holding relatively steady over $2,300 in the face of the Fed saying they’re not ready to cut yet should speak volumes about the strength of gold and the rally ahead when they finally do. Just my personal opinion. Thanks for the video 👍
@2is1gold
@2is1gold 5 күн бұрын
Agreed. Price has reason to fall, but it hasn’t.
@barbaradimascio4623
@barbaradimascio4623 5 күн бұрын
Never sell until you need it. Have an emergency fund so you don't!
@edb3877
@edb3877 5 күн бұрын
Agreed. It's ALWAYS better to use fiat debt paper for any emergencies where it is useful, rather than dipping into your PM stash.
@ewliang
@ewliang 5 күн бұрын
I hold precious metals to hedge against fiat itself. Not selling, but not buying either. Waiting a bit for a sale. 😅
@nbg.stacker8382
@nbg.stacker8382 5 күн бұрын
Not even wishful thinking, every oz I don't sell is more of an increase in my pension year over year! 😅
@appleztooranges
@appleztooranges 4 күн бұрын
As soon as Gold hit $2k per oz, I switched over to stocks and investing. I don’t like how slow gold is moving. It should be a minimum of $2500 per oz
@devindigs9182
@devindigs9182 5 күн бұрын
Just holding it until I’m desperate or dead. No need to sell figure I’ll just keep stacking.
@chuck5553
@chuck5553 5 күн бұрын
I just don’t see selling my gold or silver….i can’t imagine not having it
@eric-Red_Carbone
@eric-Red_Carbone 5 күн бұрын
I'd only sell if i absolutely needed to or if there was another asset that has dropped and is under valved that ive been waiting to buy.
@rodog1013
@rodog1013 5 күн бұрын
I’ve just bought an ounce of gold after selling all my gold last year out of stupidity, probably stupidity buying now too 😂, it would be great to hear your opinion on me buying an ounce now and what you think I should do (plan is to start stacking as you and many others do)
@DavidJames-ms6rt
@DavidJames-ms6rt 4 күн бұрын
If you need to sell then you take what you can. Being in a very fortunate position I haven't had to sell a single ounce and keep adding nearly every month for the last seven years. The dips and highs come and go and just keep adding to the stack. When I can't put food on the table, fill the car up or enjoy a beer or two then I will revert to Plan B......not sure what Plan B is but it doesn't include giving up the Beer!!! Cheers 🍺🍺🍺🍺🍺
@2is1gold
@2is1gold 3 күн бұрын
Ha!
@RobDog-l8v
@RobDog-l8v 4 күн бұрын
I'm not selling my precious gold just because the sooth sayers tell me it's "a good month". Gold and silver may only be about 10 - 15% of my financial assets, but as far as I'm concerned it's the bedrock of my wealth.
@2is1gold
@2is1gold 3 күн бұрын
🤜🤛
@mickeylickey123
@mickeylickey123 5 күн бұрын
I sold 5 oz's at its peek a little bit ago. That was the rest of the funds needed to pay cash for my 2024 Z71 chev. I'm now in the process of buying back those 5 oz's. 1/4 oz at at time. Price in fiat doesn't matter to me unless I have to sell.
@Karim-ik5ij
@Karim-ik5ij 5 күн бұрын
Ahh yes sell your wealth to buy a massive gas guzzling suv. That's the most usa thing I've ever heard I take my words back if you primarily use it for your job.
@mickeylickey123
@mickeylickey123 5 күн бұрын
@Karim-ik5ij I didn't have a vehicle and I wanted one with warranty and no previous owner. I saved up for a year, then used some of my many oz's of gold, which the 5 sold, were bought specifically for this purpose. You do you, I'll do me. I did not want debt. I have no mortgage, no monthly payment on anything. Getting back those 5 oz's is no problem for me.
@calebfast8088
@calebfast8088 5 күн бұрын
I offloaded some silver two weeks back because some assets I wanted went on sale. I hope to sell/offload every single ounce. Why? Because silver spends and I picked mine up to be in the best position to buy when the time comes. It's worked out this far. P.S. I WILL buy more in the future. My assets are bought with the intention to generate more silver for me.
@2is1gold
@2is1gold 5 күн бұрын
I’ve sold to open up capital for other things a few times. Cheers!
@user-st1sd4bb7d
@user-st1sd4bb7d 5 күн бұрын
I'm worried if I don't have any chance to buy them back after sale. 😅
@raiderdrew988
@raiderdrew988 5 күн бұрын
Robert Taylor is the best Ivanhoe watch that movie and remember king Richard’s ransom was 100,00 marks of silver a kings ransom interesting a true classic “I choose the Axe” He defies all 5 ❤ awesome movie 🎥
@RubiconV
@RubiconV 5 күн бұрын
Im going to skip the video and just SELL EVERYTHING! Thanks for the reminder!
@2is1gold
@2is1gold 5 күн бұрын
Happy to help.
@SilverBritches
@SilverBritches 5 күн бұрын
Sell in May and go away didn’t work out well with Apple and Tesla. Mercy!!
@2is1gold
@2is1gold 5 күн бұрын
Glad I ignored the AAPL advice I got from my pro. 😂 🚀
@SilverBritches
@SilverBritches 5 күн бұрын
@@2is1gold yeah bro I’ve been buying steadily for the past few years.
@user-ql5nz9hc7k
@user-ql5nz9hc7k 5 күн бұрын
Why sell now as prices will come up in late autumn? And in a world with geopolitics like these???
@zakariaelhimer1325
@zakariaelhimer1325 5 күн бұрын
Gold is savings
@dallasanderson6105
@dallasanderson6105 5 күн бұрын
You should have an exit strategy on things, even if that strategy is handing it down to kids or grandkids. but there is NOOO WAYY I would be selling my gold right now... We're just getting started on the climb up.
@edb3877
@edb3877 5 күн бұрын
Glad to hear that. All too many people skip over the exit strategy via getting hung up on the never sell idea. I have an exit strategy for every single asset I buy and I have that *before* actually buying the asset.
@dallasanderson6105
@dallasanderson6105 5 күн бұрын
@@edb3877 totally agree
@adamgriffith768
@adamgriffith768 3 күн бұрын
Everyone please keep in mind saving in gold does have risk. For instance the last time gold topped to around 1700$ it dropped for the next 4 years for a total decline of around 40%. This is okay as long as you're informed. If you had to sell down 40% that would suck, but if you had a proper cash emergency fund and other assets besides gold, then you wouldn't need to sell your gold in a downturn. Just don't fall for the whole, it's safer to save in gold than cash. It's not, cash doesn't go down 40% in 4 years.
@PamalaClift
@PamalaClift 2 күн бұрын
My goldbacks have gone up and i can always sell back to them, but thats not its purpose. It is for transactional use during the currency collapse.
@randychuck1
@randychuck1 5 күн бұрын
I just sold an Oz of gold but only to buy a different Oz of gold
@peterbedford2610
@peterbedford2610 5 күн бұрын
My LCS says a lot of sellers right now.
@stevej4629
@stevej4629 5 күн бұрын
already sold 10 oz of gold. picked up 23 oz of platinum.
@homesteadaquarius
@homesteadaquarius 5 күн бұрын
I don't sell normally. The deal has to be pretty good for me to take a hit. Long term stacking FTW.
@2is1gold
@2is1gold 5 күн бұрын
@KCTShark
@KCTShark 5 күн бұрын
Cheers
@2is1gold
@2is1gold 5 күн бұрын
🥃
@bigdaddyhoffman1911
@bigdaddyhoffman1911 5 күн бұрын
Well, well, well I buy and sell me gold everyday but I'll never sell me pot of gold at the end of the rainbow. Thanks for the Time to SELL Your Gold video 2 is1 👍.......Happy 4th of July........Life is good.......God Bless
@2is1gold
@2is1gold 5 күн бұрын
Happy 4th!
@QuadTap
@QuadTap 5 күн бұрын
i miss sub 2k gold :(
@2is1gold
@2is1gold 5 күн бұрын
Same
@des_smith7658
@des_smith7658 5 күн бұрын
I'm priced out of the market these days
@QuadTap
@QuadTap 5 күн бұрын
@@des_smith7658 yea i never bought above $2100
@edb3877
@edb3877 5 күн бұрын
@@des_smith7658 I'm not but just can't stand the idea of paying more for gold than seems reasonable. 😕
@daviddavey1727
@daviddavey1727 5 күн бұрын
Sell for what? Exchanging back into fiat, unless you are talking about another type of commodity.
@num1cheechwizard
@num1cheechwizard 5 күн бұрын
By Gold do you refer to Bullion or Collectables? Different Strategies apply . Cheers!
@johnmorgan9731
@johnmorgan9731 5 күн бұрын
I gotta get that gold proof 2014 Libertad 1/10oz at $400 😱 Mintage 250 😱 In original capsule. Sending to NGC. Hoping for PF70 To flip or hold, that is the question.
@OldMiner-wj6rr
@OldMiner-wj6rr 3 күн бұрын
No it’s time to buy!
@cabracove
@cabracove 5 күн бұрын
If you can't trade in volume, speculating is pointless. Yeah you can make a couple grand if you're snappy about it, but you're gonna eat that down the road when you re-up, guaranteed.
@rodsalvador3608
@rodsalvador3608 5 күн бұрын
Gold is still a fantastic hedge from a vol perspective. I'd rather sell equities ATM
@23Keith23
@23Keith23 5 күн бұрын
I've never sold gold but would like to just for the experience to see how it goes see if I made any mistakes etc.
@edb3877
@edb3877 5 күн бұрын
Nothing wrong with a trial run, just be sure to call around to see what prices you can get. A 1/4 oz. coin would make a good trial.
@bhoward9378
@bhoward9378 5 күн бұрын
Why would I sell gold unless I needed to money for something urgent or to invest in real estate?
@Handle_number_7
@Handle_number_7 5 күн бұрын
When the ratio was 90:1, I had never sold either metal before. So for obvious reasons, it felt like a good time to get my feet wet. Good choice, as I ended up with some surprise coins in a $100 bag of mercury dimes. I felt like I did good selling that gold, and switching to silver at that time. For me, silver is a no brainer at 90:1 as historically it doesn't hold for too long (forgetting the outlier of the pandemic). Generally, I don't sell my Gold though. Gold is a 'Hands off' retirement fund. Silver is speculative. But I firmly believe a 60:1 is well within the cards, and my Silver cost average is excellent. What I traded was of zero importance, so no regrets. But also understand that I believe 650 ounces of silver to be insufficient for me. I believe 1,500 I'll begin to feel heavy. I don't 'Sell' my metals, unless it REALLY feels like a blow off top(or an investment opportunity). But I suspect I won't even be interested there. ~20 years to retirement, and this is my nest egg.
@Mauitaoist
@Mauitaoist 5 күн бұрын
Selling now would be dumb it's about to go to 3,000 by the fall. I will not sell any until I must. And I'll sell all the silver first
@shacklord
@shacklord 5 күн бұрын
no need for that
@andrejkrusic372
@andrejkrusic372 5 күн бұрын
Nope. Not selling. Might be buying, but definitely not selling
@brandonbrinegar5316
@brandonbrinegar5316 5 күн бұрын
Why would i trade in my SHTF insurance for fiat currency?
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