Silver Just Isn't Valuable Enough - Prove Me Wrong!
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Published 2024-05-27
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Welcome to the intriguing world of gold and silver investing! Have you ever found yourself captivated by the shimmering allure of these precious metals? If so, you're not alone. Join me on a journey as we explore the multifaceted reasons behind why we buy gold and silver.
For me, stacking silver and gold began as a hobby, a fascination with the tangible beauty of these timeless assets. As I started delving deeper into the world of precious metals, my motivations evolved. What started as a hobby soon transformed into a means of financial security and wealth preservation.
Over time, my outlook on gold and silver investing has shifted. Initially driven by the desire to acquire shiny coins and bars, I began to appreciate the historical significance and intrinsic value of these metals. Gold and silver have stood the test of time as reliable stores of wealth, unaffected by the fluctuations of fiat currencies and economic uncertainties.
But it's not just about financial security. Investing in gold and silver has also become a way for me to diversify my portfolio and protect against inflation. In a world of constant change and uncertainty, having a tangible asset like gold and silver provides a sense of stability and peace of mind.
Moreover, there's a certain satisfaction that comes with holding physical gold and silver in your hands. It's a tangible reminder of the value of hard work and prudent financial planning. Each coin or bar tells a story, whether it's a piece of history or a symbol of hope for the future.
As I continue to stack silver and gold, my reasons for doing so have become deeply personal. It's not just about financial gain, but also about preserving wealth for future generations and leaving a legacy of stability and security.
So, why do we buy gold and silver? The reasons are as diverse as the individuals who invest in them. Whether it's for financial security, portfolio diversification, or simply the joy of owning something beautiful and valuable, gold and silver hold a special place in the hearts and portfolios of many.
Join me as we delve into the fascinating world of gold and silver investing, and discover why these precious metals continue to captivate us generation after generation. Don't miss out on uncovering the timeless allure of gold and silver! 🌟 #Gold #Silver #Investing #PreciousMetals
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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
All Comments (21)
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Sell the cut up piece of silver 🥈 looks like a piece of art to me. Even the cut up chunks look cool and you could sell as is. But the main piece look litterely like art
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I'll need a therapist for years seeing that bar cut up. The Devils work. 😀
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I knew when I saw you had that huge bar, at some point you would chop it up, I didnt think it would be this quick. Would be interested to see how you did it.
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Silver for me! Gold just out of reach at the moment
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Another great video! And I think I will end up swapping my silver for gold, just gold is more unreachable for me at the moment and have plenty of time ahead of me 🤙🏼
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The way you've cut up the bar in shards looks kinda cool.
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Very interesting, thanks for putting things into perspective. I was wondering how you were breaking that bar!
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I actually love the look of the remnants of that Geiger bar. Almost tempted to make you an offer on it.
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The word "yet" is correct 👌
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I would have thought a nice little band saw would have done that job quite efficiently. No blisyers either!
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Silver for collector pieces and gold for stacking 🤪
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Great discussion on some of the limitations of silver - thank you!
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Absolutely fully agree 100% with your comments in this video re gold v silver 👍🏻👍🏻👍🏻🏴🏴
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There's nothing wrong with breaking up that big bar, especially as you have a reason to do it, but it's was a nice-looking bar
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Bought another ounce 'Gold' from Chards! ☺
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OMG I love that bar. 🙈but again not mine. 🤣a bit more cut from it I might be able to buy it from you.
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Full tube containing 25 Gold Sovereigns is a size of a USB memory stick. It's equal value is about 400 x 1 ounce silver coins, which is about 12.5 kilos of silver...
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How many people had to wipe away tears looking at your brutalised silver bar 😆🤣
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Eventually I will stop buying silver and just stick to stocks and gold. A 5 kg bar is 160.75 troy ounces or 11 lbs, right? The only bars I got from Geiger are the 100 gram and a 5 ouncer somewhere.
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Excellent Video. (Note: You would never cut up a Gold Bar of the same size so that in itself by definition proves the lack of value of Silver)