https://www.youtube .com/watch?v=2YIQsiY4zuI
#Gold #silver #preciousmetals In this video I talk about some of the reasons why you should be very cautious and careful when buying gold or silver. Silver stacking or silver investing is not without its risks and should be done with a sense of what is right for you in your own financial circumstances. Silver investing can yield great returns beyond the financial freedom it gives but it can also be a liability. Be very careful when buying silver and gold that you are doing so at the right time in your life with the right reasons behind your decision. If you would like to support our channel please check out our shop page for all our hand poured silver. https://backyardbullion.com/product-category/all-items/ Join the channel and show your support by becoming a BYB Rambling society member today! https://www.youtube.com/backyardbullion/join If you would like to support our channel please consider purchasing our T-shirts please visit this link: https://teespring.com/en-GB/new-byb-hallmarked-t-shirt or have a look at our website: https://backyardbullion.com/product-category/all-items/ Stay safe, stay healthy all. Thanks also to the channel sponsor The Silver Forum! http://thesilverforum.com/ A 4k Camera & close ups of coins! What more can you want!? What do you think? Comment below! Comments welcome below or email me at [email protected] Follow me on Instagram: @BackyardBullion www.instagram.com/backyardbullion Thanks for watching and I will see you next time! generic silver, generic silver bar, silver investing, silver bar, silver bars, silver round, silver coins, silver stacker, invest in silver, buy silver, what silver is the best, best silver to invest in, 100 oz silver bar, silver coin, silver sale, purchase silver, buying silver, physical silver, silver bullion, silver to purchase, investing, gold coin,1 oz gold coin, what gold coin to buy, gold investment, investing in gold, gold coins, buy cheap gold, cheap gold
You can make money in Precious metals if you watch the ratios and buy the ‘cheap’ metal and exchange it when it becomes expensive in relation to the other metal that just became ‘cheap’…..
Just buy HKG621 in HK$ and relax!
I’ve just been stopped by a bullion company for owning too much gold! They wanted serious kyc data before letting me buy more so I cancelled. 3 months of bank statements from 2 accounts plus id and address proofs. That a lot of info to give a stranger in the jewellery Quarter
Why when I buy gold and silver I pay a premium above spot price but when I need to sell they want to pay scrap price
Thanks for showing the beautiful shiny pieces, Royal Mint bullion is my favourite !
Thanks for watching!
Wasting ya time buying new cast stuff ya loosing big percentage off ya money straight away u need to buy just above scrap price
For me, it’s basic math. Traditional savings gives .03% APR, high yield savings is 3.9% at best…when inflation averages 3-4% a year (let alone these past 2 years) your losing money in savings purely due to inflation. Silver has increased 450% since 2003. There’s no choices.
That’s what I’m doing now research before I just start buying metals.
I stack silver as a back up not to really make money from. I am currently sitting on 59 ounces of silver, and will continue to buy 10 ounces per month.
I think silver looks better, can’t believe how much less silver is.
Thanks so much 😬
You’re welcome!
Inflation isn’t the issue. What the reserve currencies do in response to inflation IS the issue. Rising interest rates are a consequence of inflation. So what, you say. Well, our governments are the most indebted they have EVER been. So indebted in fact, that it is exceedingly unlikely that that debt will EVER be repayable. They have printed money like it’s going out of fashion and unfortunately that not only dilutes the value of our currencies, but that money needs to be paid back WITH INTEREST to the reserve bank.
Question: What happens when the interest repayments on that printed money begin to outstrip the financial commitments a government has made to the people when those interest rates rise to astronomical levels in order to counter astronomical inflation due to incompetent (although, some may argue, by design) fiscal policy?
Maxim in law – you cannot serve two masters.
Everything I hear here rings true to me. But who can resist the flashes of beautiful coins?
Can you still buy Gold with cash in the UK?
Long-term only for me – converted stocks and shares to precious metals. Pension in cash, so let’s see what happens. Diversify is mu view.