If I Had NO Gold & Silver This Is What I Would Buy TODAY!

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Publicado 2022-11-30
#Gold #silver #preciousmetals
Hindsight is a wonderful thing and my 7 years buying gold and silver has given me a lot of interesting experience to draw upon. The problem with investing in gold and silver right now is that the market is very daunting. So much choice. So today I share what I would do if I had nothing right now and what my best picks would be for gold or silver or both. Of course, these are just my opinions and not financial advice so please bare that in mind when making your own decisions!

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Todos los comentarios (21)
  • For a newbie I'd stay away from eBay etc and stick to a reputable dealer as gold is expensive and so people like to counterfeit them
  • When i first started buying gold and silver, it was to protect my money from myself loll. I was young and a big spender. Looking at my stack, its worth quite a bit.
  • @robg7970
    Yeah , I've NEVER paid taxes on ANY coins i have ever sold. I stay local and i do not trust usps to mail my gold . Too many packages getting lost or stolen. Stick with a dealer that is fair and pays cash . Lol when it comes to my gold , i leave the government out of that ! Hahaha !
  • @davesaunders59
    Having stacked too much silver v gold your advice on sovereigns rings true to me. I think you are exemplary in your conduct and honesty which is a blessed relief from the pumpers and deceivers littered on YT. Thank you.
  • @davidfarmer9118
    That was a nice way to spend a little time. Thank you Mr Backyard. Beautifully done.
  • @jessicaeiss2541
    I was able to pick up Brittanias for USD $25 and low change on Cyber Monday. It was the same price or cheaper for generic silver, so was quite pleased. I don't think we're going to see that again for awhile.
  • @NonInflatable
    Sovereigns are wonderful. On a dark winter's night you can light a candle and pour your stash through your fingers, cackling wildly as you do so.
  • @matthoffman6962
    You’re right it’s very hard to outweigh heart. I also agree with you with silver. The problem with silver right now and even gold for that matter so the premiums. If you can get silver rounds/coins at $1-$2 over spot go for it. Most coins are going for $10 over spot and silver will have to go up a lot to make it back. It may go up this year but it’s still pretty risky.
  • @philipbant657
    Thank you for that information, new to stacking although I have bought a fair lump of silver my attention was turned to sovereigns and have acquired a few inside my budget. Will continue when funds allow. Thanks again.
  • @Jesse_Dawg
    byb rambler here, love the messages you spread and that you actually care about what words youre putting out there
  • @maiabrittany
    Thank you. I'm a new stacker and appreciate the tips
  • @DerickAguinaldo
    Thanks for the level-headed commentary without the hype. Subscribed.
  • @meshackin
    Years ago when saving money for house deposit, I bought gold and silver mainly all on ebay and purely based on getting as close to spot as possible using ebay auction sniper service. I made a profit on everything and paid for my entire home deposit by selling my horde of metal.
  • @123johnnymcg
    Thank you so much for doing this video. While I love watching with interest you talk about the bigger and more expensive pieces it's great you've taken the time to enlighten the beginners like myself among us. I recently bought my first small pice of poured sliver from BYB and the service was second to none. It arrived beautifully presented, boxed and with its own certificate. I can see the effort you have put into it from conception to delivery. Thank you. Keep up the great work.
  • @Jesse_Dawg
    I love your videos. Please keep making more. I like that you are very grounded about the precious metal and not hype factory
  • @Randy-MacDonald
    Only started collecting a couple months ago and just found your videos, just subscribed. Thanks for the advice.
  • Thanks for your input on your thoughts of stacking. I'm trying to diversify when I buy, a little at a time. Not saying your right, and I'm wrong or vice versa, but I believe we all have different goals and taste that persuade us into buying certain types over others.
  • I think commemorative proof crowns are a good investment. I just bought a 1977 Queens Jubilee .925 silver crown with case and COA for damn near spot price. It's common, but really stunning. A new 1oz silver Britannia bullion coin (same weight) is almost double spot price, even direct from the Royal Mint! An oz of silver is an oz of silver. I'm purely stacking as a hedge against inflation and a store of value, not really for numismatic value. I also started buying a few victorian silver coins, but only if i can get them near spot price. I also have an Aldernay quarter gold sovereign, low mintage. Nice. Thanks for the info!
  • @Giants4641
    Thank you sir. Im just getting ready to start stacking and this video was actually a big help. N looking at the older sovereigns they look great.