Thinking about getting into gold? Make sure to avoid common pitfalls! This video highlights several frequent gold investment …
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Thinking about getting into gold? Make sure to avoid common pitfalls! This video highlights several frequent gold investment …
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42 comments
In the UK gold you don't pay VAT (sales tax) when buying/selling, also if you buy a minted gold bar/coin you also don't pay capital gains tax in profit when you sell. Whereas with silver you have to pay VAT so gold is the better option to buy for physical metals
Gold does have a fast return….just depends when you buy it.
You have the cube and six pointed star are you evil? Or evil jew! Are you jewish?
Are purchases in the Uk through your website reported any where ?
Man, I absolutely hate the British accent. Particularly on the women, it's like doubling down on annoyance. It really is nails on a chalkboard. Second only to White South African accent.
You mentioned how gold doesn't need to be in large increments, and how you can invest by buying into smaller quantities that are more within your price range.
But, you also said that the best way is to keep it simple; buying generic gold like bars and bullion and not high end things like jewelry and collectible coins.
So, with these in mind, what are your thoughts on Goldbacks?
Plesse speak slower and more precise. Non English native speakers habe problems to understand you.
Great vid.Thanks and thumbs up.
Is Digi-gold physical gold or paper gold? Shame you never mentioned this option.
How do you store it safely that's my issue.
don't buy gold bars with high premium.
Physical Gold is the best, paper worth gold can be taken from the provider by taxes and fees etc
I been treating gold as my pension pot for the old me pension is a scam state pension will not exist markets will crash but gold will always be gold
My mom bought 50 grams of 24k to pass down to me. She got it for maybe $300 in the 80’s. Worth 10k now. I regret selling 7 grams of my own in 2016 when it more than doubled now so hopefully I get up to 200 grams by the time I retire.
Why do these buy gold videos come out when the price is topping out
I own physical gold for my kids and buy etf for my own gains.
Very valuable recommendations . Thank you very much
Tough I lost some $ in ETFs, I do believe it belongs to my portfolio as part of the diversification. I am not planning on getting rich, rather I like to have keep it where I am currently at.
the biggest mistake is ,NOT HAVING ANY………………
Hmmm you don’t buy at ATH either
gold is longterm atleast 5..to 10 years
With gold, you are off grid. You never have to look at daily prices as you would if you owned stocks. Your money is inflation proof, no matter what incompetency is shown by the government.
Buy gold from a reputable source, even if it costs more money. Keep the identifying paperwork and a copy of your bank statement which proves the purchase was legitimate.
Gold is real money, the rest is just a betting shop. The gold I bought 3 years ago is up by 120%. I'm not complaining. 🙂
That 'across jurisdictions' assurance is becoming less assuring these days. The mindset of our "global custodians" seems to have evolved into a policy of 'Piracy Is Us'.
At some time in the future, those in the ruling elites of the EU and the UK will have to get gold from somewhere, and what they do to grab it will not be very pretty.
Very useful information thanks!
So can anyone tell me the difference between storing gold in swiss or Singapore vault with having digital gold which you bought form well known gold trader application? Both are just number in your phone showing how much gold you have in someone else vault.
Golden advice, I have followed most of your recommendations before I watch the videos. You confirmed to me that I am on the right path, thank you so much!
If you don't hold it you don't own it
Hi i bought 17oz last year ,should i sell now im up around £10k?
Be very careful taking advice from US investors. We who live outside the USA don't really care. What we need to be concerned about is what Gold will do against our home currency as all our income and expenses are in our home currency. Gold can even go down in USD but can go up in our home currency. So we don't really care what it is doing against the USD.
Currency agnostic. You can store in 50 countries and they will have the same value in 5 years time so no currency risk. Physical Gold stored in your own storage has no credit risk. You can sell for cash anywhere in the world. What tax? Gold doesn't have to pass through any books. Go check in Dubai or any developing country. You can hedge your price risk in gold through futures options but that is a lot more complicated as you need to manage contango risk. There are many ways to play this game. Traders have been doing this for thousands of years. If you have conviction as Soros said to Druckenmiller you have to be a pig. You can't own enough. Put the pedal to the metal. Leverage is the Beverage that will get this party cooking. Party has already started.
When the ID cards come in, the government will know exactly how much you have in savings, investments, bank accounts, premium bonds, shares.
Except gold or silver – no-one knows how much anyone has if you pay cash for it so from that aspect, it's all yours.
This really made me rethink gold. I always assumed it was a quick win if prices spiked, but hearing that it’s more about preservation over decades hit me hard. If people treat it like a get rich asset, they’re basically setting themselves up for disappointment and in some cases, losing money they can’t afford to lose.
30 years ago, my grand dad told me, "Gold doesn't make you rich, Gold will KEEP you rich". Get rich first, then buy gold as part of your portfolio.
who is paying taxes? sell in cash and walk away. whats all this tax talk?
The best way to hold in the US is in a Roth IRA. Otherwise gains are taxed as collectables, 38%. As dollar goes down, the government cut goes up. You can't keep up with inflation by design.
Only just found your channel👍 Great to know there's more of us. I'll let Mario know.
The only downside to gold in all eventualities is it can't be eaten, won't keep you warm and is coveted by theives . . . Everything else is marvellous.
The whoosh noise at the beginning makes these videos for me.
The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. <But all thanks to Aaron Addison for his amazing skills for helping me to earn 19 Btc through trading chart. I believe we are in the spring phase.
Gold sounded easy until I realized how many ways you can get it wrong. My first year I actually lost money just from buying at the wrong time.
You only need one rule DON’T BUY there is no money in it