Should you buy physical silver and gold? In my short seven years as a silver stacker, investing in silver and gold bars, I’ve come to realize that while collecting precious metals is fun and cool, it’s one of the stupidest investments I’ve ever made.
Not only did I get screwed by a “reputable” gold dealer on my very first transaction, but I’ve come to realize that storing and transporting precious metals is more of a hassle than the investment is worth. There are far better ways to buy precious metals, and if you are worried about having to transfer wealth discretely across borders like Jewish people had to during World War Two, well it’s 2021 and Bitcoin has you covered for that (I am not recommending you break any laws!)
Silver stacking is quite simply a thing of the past unless you are doing it as a hobby. The are far better ways in 2021 to make silver and gold investments.
The presenter has taken great care in preparing
this video, however makes no representations or warranties with
respect to the accuracy or completeness of its content. The contents
of this video should not be considered a substitute for
professional financial advice. Please consult a financial professional
before implementing any of the strategies described in
this video. The presenter shall not be held liable
for any loss of profit or any other financial damages, including
but not limited to special, consequential, incidental, or other
damages….(read more)
LEARN MORE ABOUT: Precious Metals IRAs
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
REVEALED: Best Investment During Inflation
I hate to admit he’s right. I did the same thing 160 oz of silver and a few grams of gold. I bought some fun poured silver pieces that are a little more but I agree not necessary.
Haha…people don't need wall street investment guru's as in the case of stocks just to know whether or not purchase physical precious metals. It is always good to buy them. This is the blunder video.
Narrow minded and plain stupid channel and author. Completely unable to see the whole point. Avoid.
Silver is worthless…
You said the "C" word shame on you.
For everyone that thinks online and non physical investments are wise, ill give you a strong warning, do with it as you wish. There is something called the carrington event (STRONGLY SUGGEST YOU LOOK IT UP) there has been evidence it will happen again between 2023-2028, if it happens, everything electronic will have to be reset and re built, and nothing will work. Why do you think in the 2013-2015 there was alot of talk about a suppose time travler needed to get a orginal icb for coding.
Do with this information as you wish.
This video was made in 2015. Back then gold was $11,000. This video gets renewed yearly. He’d have made thousands had he held onto his metals.
Garbage video.. banks buy golds in Thousands of KGs.. in 5 years in India gold prices increased as much as 60%.
https://www.youtube.com/watch?v=XShJGAIAZTo – buy gold and trade in it – instead of us dollar
notice how the rich don't want you to do the very same thing they themselves are doing. this man comes from money.. his grandparents invested metals / coins. don't fall for his lies.
Gold is not an investment. It’s a great hedge against inflation
REEEEEEEEEEEEEEEEE I think I just got eye Aids
I guess it depends on your doomsday scenario you say you're taking a thumb drive with Bitcoin on it. There's no guarantee you'll always be able to recover that. Just like the US government at one time confiscated all the gold coins. Who's to say that is don't sees everyone's bank account or just make it inaccessible
Your criticism doesn't apply to Gold and people from unstable countries should buy physical gold. Period
Not really smart advice. Key is and always has been, diversifying. Great to have gold and silver on paper and someone else holding it for you? Perhaps… but also risky. There has been more gold and silver sold on paper and of which a lot used as collateral for loans, than they actually hold / could sell to pay everyone back. Works fine, until everyone wants their money. In my opinion, holding it all on paper, is just being lazy. Ok to have some on paper, but I would seriously recommend besides always having enough cash on hand, to also hold physical gold and silver, crypto (as in BTC), etc as a safety net. You shouldn't hold gold and silver for a quick profit. If you need to sell it (or some) after a couple years, you shouldn't have bought it to begin with.
you are the stupidest person or a fraud!
Why do people like clueless here tell me to like and subscribe before Ive seen the content? Conspiracy theorists? Well watched the content, very poor as he seems like he has limited understanding of the financial markets. No wonder you got diddled first time around.
Why do these people tell me to like and subscribe before Ive seen his content?
I am pretty sure if you were running around with bitcoin on a USB drive now you would be pooched! Also good and silver are looking pretty good right now don’t you think?
Gold and silver best long term investment
Ever considered You are just not sharp enough
A little knowledge is dangerous
such an ignorant video… gold doesnt make you money.. who said that.. that was a lie.. but it does protect your wealth against inflation. If you buy gold thinking the return will be much higher in a year.. then you are in trouble.
Buy low. Sell high & do so privately. Shop around for the lowest premium.
Don't buy gold, sell the shovels.
For those of you who are saying that if the world collapses your gold wouldn't help you. But if the world collapses, your stocks and shares and bonds and eft wouldn't help you either. The stock exchange would crash and you know what!! You might have a fighting chance with a piece of gold.
Being realistic, if your country currency colapses the stock exchange would crash and your gold would be quite helpful.
The price of gold literally doubled since 2018 to 2022. Not long time. So although you may not treat the gold as an investment, it could trun out to be just that.
Good luck everyone!! ☘️
What happened to some citizens in Canada this years shows that you can’t rely 100% on being able to access the money in your bank account. Having a modest amount of silver and gold stashed somewhere is probably not a bad idea.
So much shill
No estoy de acuerdo, el oro y la plata tienen valor por si mismo en cualquier tiempo o circumstancia. Es el mejor regalo que le puedes hacer a tus hijos ….
Boy was this guy wrong!!!! WOW. Should have held onto his gold.
This guy is full of shit
Wish I could invest in precious metals
Wish I could invest in precious metals
this man looking to crypto in 2022 kkkkk
You need to stop "investing" or "saving" all together. You simply do not understand the concept. Just spend all your money on drugs and alcohol and die young. You cant fix stupid.
Stupidest thing is thinking of it as an investment. It is in fact the ultimate wealth preservation tool… to preserve, not necessarily to profit. People do profit buying low selling when high, just like you did, but that is not the point of long term stacking.
Just another blipcoin cultist making an anti-PM propaganda video
Ladies and gentlemen, this dude is a FOOL.
You really don’t understand the purpose of precious metals.
Good video, thank you for the lesson. (IE – never let regret close you off to being open-minded about other views/perspectives.)
Sorry you got screwed out the gate man!
You were right to hold physical gold and silver Nolan. Leave the future of paper money (have lots stored under your mattress, not the bank) to people that have confidence still investing into a completely manipulated money market system. Definitely physical silver and gold, especially today in the early but quickly evolving stages of financial Armageddon, is worth more in my hands than any paper document that says they have my silver and gold. Do they really have it? No they don't. Bigger scam. They are promising they do if everything goes great, the market doesn't crash, there's no recession depression, war, the ease of manipulation of anything to trick you, stuff like that. Money, not physically in your hands, in not wealth because it does not actually exist except as a promise on paper that you have this money, until the system collapses. We are creditors to our banks, that's why they pay us interest, they disperse our cash, that's why they never have all your money at your bank, because you loaning your cash to them. Anyways, considering all that today…the conspiracies are all so painfully and obviously true no matter how you want or don't want to play it all out in you head and nobody should be buying paper gold and silver in todays world, it is financial suicide. How did people get convinced by the money system to give paper cash in exchange for paper certificates that represent physical gold and silver, real wealth? Would anyone buy expensive jewelry, never actually physically receive it, never wear it of course and say they now have a certificate that says they have this money value in jewelry? Not a good idea in a volatile money market. Isn't it the very same paper money and paper documents / certificates that everyone is saying is the way to go is just a decades long played out smoke screen to screw everyone in the end and force digital currency and take all physical assets like gold and silver out of your hands. The market will continue to manipulate how we buy gold and silver and what we pay. It's a long process taking decades to convince us today that digital is the way to go in currency. Cash in your papers and go buy the real things and bury it. The paper is going to be as worthless to claim as the currency you be getting in exchange rather quickly when the banking and market have a final complete collapse next month. They are not going to give you your physical gold and silver, they don't have it. They just selling the idea, ruining the actual amount of the metals in the ground being mined and true value. Enjoyed watching the video, thanks, thumbs up!
So basically it took you 11 minutes to tell us not to buy actual gold and silver you have to store and insure. I could have said that in 1 minute. This is more a hobby of what not to do.
Thank you for wasting my time. How about some facts?
Totally disagree with you..
Don't listen to this dude. He's absolutely clueless.
I don't know who told you it was the dumbest investment you've ever made or why you think that I'm going to finish watching this video but however it's the best investment that you could have ever made and this is my personal opinion
Some people invest in silver just to simply put their money into something that holds value unlike a useless object that drops value once you take it out of the store.I bet many of us have buyers remorse on a daily basis when spending on things that held its purpose for the day then it's of no importance after that.
Try and barter with your usb stick, what a load of shot you speak, gold and sliver has been used for thousands of year. You have no clue