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💰 In today’s video, we’re diving deep into the world of precious metals – Silver and Gold. 🌟
Are you curious about whether you can actually invest in these shiny assets, or if the only option is to stack them away like treasure? 🤔 Well, you’re in the right place! We’ll break down the nuances of both approaches and give you the insights you need to make informed decisions about your precious metals strategy.
Here’s what you can expect in this video:
🔷 Investing vs. Stacking: We’ll explore the key differences between investing in precious metals and simply stacking them for safekeeping. Discover the pros and cons of each strategy to determine which one suits your financial goals.
📈 Investment Vehicles: Learn about various ways to invest in silver and gold, such as ETFs, stocks, and physical assets. We’ll discuss the potential returns and risks associated with each option.
💼 Portfolio Diversification: Understand how adding precious metals to your investment portfolio can help you diversify and protect your wealth, especially during times of economic uncertainty.
💡 Tips and Best Practices: We’ll share expert tips and best practices for both investing and stacking precious metals, ensuring you make wise choices along the way.
💰 Market Trends: Stay up-to-date with the latest market trends and insights. We’ll provide you with essential information to navigate the ever-changing world of precious metals.
Whether you’re a seasoned investor or just starting on your financial journey, this video will equip you with valuable knowledge about Silver and Gold investments.
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Thank you for joining us today, and let’s dive into the exciting world of Silver and Gold 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….(read more)
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Overpricing From The Royal Mint – An Update & Price REDUCTION!?
For centuries, The Royal Mint has been renowned for producing coins and medals of the highest quality. However, recent controversies surrounding their pricing strategies have left many collectors and enthusiasts questioning their reputation. Is The Royal Mint guilty of overpricing their products? This article aims to provide an update on this issue and shed light on a recent development that could potentially alleviate collectors’ concerns.
Over the years, The Royal Mint has gradually increased the prices of their products, leaving many feeling perplexed and dissatisfied. The most notable example of this was their decision to place a premium of £100 ($133) on their highly anticipated 2016 Queen’s Beasts series. This move ignited a wave of criticism from collectors who believed that such a significant increase in price was disproportionate to the market value of the coins.
Critics argued that The Royal Mint was exploiting the collectors’ market by charging exorbitant prices for their products. They claimed that the premium placed on these coins far exceeded their intrinsic or bullion value, thus leaving collectors feeling cheated.
However, it seems that The Royal Mint has taken note of this backlash and has decided to address the issue. In an unexpected turn of events, they have announced a price reduction on some of their most popular products. This refreshing move suggests that they are actively listening to the concerns of their customers and acknowledging their role in this controversy.
The Royal Mint’s CEO, Anne Jessopp, explained that the decision to reduce prices was a result of a thorough review of their pricing structure. She stated, “We have heard the feedback from our customers, and we understand their concerns. We are committed to maintaining our reputation for integrity and providing collectors with fair prices.”
The price reduction affects a wide range of products, including their popular annual collections and special edition commemorative coins. This initiative is expected to make these coins more accessible to a broader audience, ensuring that everyone can partake in the joy of collecting without breaking the bank.
This development is undoubtedly a step in the right direction, but the question remains: was this price reduction enough to rectify the issue of overpricing? While it is difficult to determine the exact impact this move will have on The Royal Mint’s reputation, it is clear that they are making an effort to address the concerns raised by their customers.
Ultimately, the value of a coin lies not only in its material worth but also in its historical significance and craftsmanship. The Royal Mint has a responsibility to strike a balance between offering fair prices and maintaining the quality standards that have made them a revered institution for centuries.
In conclusion, the overpricing controversy surrounding The Royal Mint has prompted them to listen to their customers’ concerns and take necessary action. The decision to reduce the price of select products is a positive step towards rebuilding trust and ensuring that collectors’ passions are not hindered by excessive costs. Whether this move will fully satisfy collectors remains to be seen, but it is undoubtedly a promising development that should be celebrated.
Please keep pressing the royal mint for better quality products and better priced items. It feels like they're losing their way with the second hand market scams they have going on in their website. The thalers for 40+ is crazy and same with the six coin world set. Just bad products that are aimed at taking advantage of people. Please more videos and please keep fightin the good fight
Hi do you have Maria Teresa Thaler coins left???
Royal rip off, how's that!
Once Bitten Twice Shy.
It’s not a great way to do business or protect a Brand.
A key problem, above and beoyond lack of value for the buyer, is calling the sets, "limited edition". These sets don't contain the only coins, of this type, that one could avail oneself of, It's skirting the realm of deceptive trade practices. Not for people that know something about coins of course, but for those naive, perhaps elderly people, whom think they're buying a product, with limited availability of the individual components. Whereas the only thing that's limited is the paperwork.
Very dangerous this road the RM is going, and if they do keep it that way, I am sure at some point people just will not trust them anymore. I thoght they done enough with the milk spots but apparently not. Very dissaponting.
I guess, they have people willing to buy 15kg memorial gold coins on their books, they have people who couldn't care less about getting ripped off with these things. Like if we wanted a coin worth £5 and someone was offering it to us for £12 and it was convenient, then maybe we'd just get it.
Lets not just stop at the Royal Mint. There is a mainstream coin dealer advertising on national TV, a bullion king Charles Sovereign for £389, it was £379 a few months back when i tried to buy one…Twice I tried only to get the sales pitch for a proof version at almost £1200. First time i said I'd give it some thought. (it was going to be my first purchase of gold coins) I did a little research and called again, to which I said why I was adamant I did not think it represented good value, and wanted the bullion as advertised… only for the phone to go dead straight after. There are a lot of really dodgy coin dealers out there that seem to bypass a lot of regulator's!
Are RM lacking self esteem or what, thanks for sharing.
You could argue that proof sovereign's and proof (1/4) Britannia's are now exceeding twice spot price for gold and are equally egregious. I'm half expecting them to tack on £750 price tag for the 2024 proof sovs and since it's not a "special" year, sales will be atrocious with many unsold. Look at the current 2023 1/4 gold proof Brit – it's still for sale after nearly 6 months.
great video, informative as always
Hello BY, how or where do i get notification of your sales?
When I checked yesterday the Royal Celebration Bars were “temporarily unavailable” so maybe they are working on the packaging and QC