Gold Plan - What to Buy and How to Stack (Like a Roman 🙃)

Summary

In this video, the speaker discusses strategies for stacking gold and silver, offering advice on building habits for consistent purchases while factoring in premiums and liquidity. They emphasize the importance of buying what you can afford and what you can easily sell, especially during high-stress times like the holidays. The speaker also references historical Roman coins and modern purchases, highlighting the significance of fractional coins for more manageable investments. They conclude by encouraging viewers to plan ahead for 2025 and remain aware of fluctuating prices and market conditions.

Takeaways

• 😀 Gold and silver demand tends to drop during the holiday season as people sell assets to cover expenses and buy gifts.
• 😀 The current time of year is an ideal moment to plan your gold stacking strategy, despite lower seasonal demand.
• 😀 It's crucial to buy what you can afford when it comes to stacking gold, which helps to build a sustainable habit over time.
• 😀 Fractional gold coins (like quarter-ounce coins) are a more manageable way to stack gold without the financial sting of larger purchases.
• 😀 Setting up a recurring, manageable monthly purchase (like a quarter-ounce of gold) is a good strategy for consistent savings.
• 😀 In times of stress, having a backup fund like gold can offer peace of mind, even if it's not your primary retirement fund.
• 😀 Buying fractional gold (like quarter-ounce coins) makes gold stacking feel less impactful and easier to maintain during financial stress.
• 😀 The historical accuracy of gold coins in the movie *Gladiator 2* is questionable, especially regarding the use of 'th000 gold dinari' and 'gold orius.'
• 😀 When planning your stacking strategy, consider buying what you can easily sell, as some coins are harder to liquidate than others.
• 😀 Gold premiums are currently at their lowest in a long time, making this a great time to start or continue stacking gold for the upcoming year.

Q & A

What is the significance of stacking gold or silver during the holiday season?

The holiday season tends to lower the demand for gold and silver due to people liquidating their assets for gift shopping and other expenses. It's also a stressful time of year, which affects many people's financial decisions. Despite this, it's a good time to discuss long-term financial planning, including gold stacking.

Why does the speaker recommend fractional gold purchases instead of larger ones?

The speaker recommends fractional gold purchases, like quarter-ounce coins, because the price of gold is high, and smaller coins make it easier to build a consistent habit without feeling the financial strain of purchasing larger coins. Fractional coins also help avoid significant upfront costs, making gold stacking more accessible.

What is the speaker's primary goal with gold stacking?

The speaker’s primary goal with gold stacking is to create a backup fund for emergencies. The speaker also views it as part of long-term retirement savings, with a focus on ensuring liquidity and accessibility in case of unexpected financial challenges.

Why does the speaker mention the importance of 'buying what you can sell'?

The speaker emphasizes buying gold that is easy to sell in case of an emergency. Some rare or semi-numismatic coins might be harder to liquidate quickly, which could be problematic if someone needs to access cash quickly during a financial crisis.

How does the speaker relate gold stacking to historical Roman coins?

The speaker compares modern gold stacking to the historical practice of Roman soldiers' salaries, specifically referencing the gold orus. By stacking quarter-ounce gold coins, the speaker notes that this amount is roughly equivalent to a Roman centurion's annual salary, linking historical practices to modern financial strategies.

What was the error in the depiction of Roman coins in the movie 'Gladiator 2'?

The movie inaccurately portrays Roman coins, showing gold coins that resemble modern high-relief gold bullion coins instead of the historically accurate gold orus. The film's depiction includes large coins that would have been far too valuable for regular Romans to possess in one sitting.

What strategy does the speaker suggest for building a consistent gold-buying habit?

The speaker suggests building a gold-buying habit by committing to a regular, smaller purchase, such as a quarter-ounce of gold per month. This approach helps avoid the financial sting of large purchases while also building a consistent habit over time.

How does the speaker plan to adjust their own gold-buying strategy for the future?

The speaker plans to continue their base recurring purchase of gold, focusing on buying larger coins less frequently to save on premiums. They also mention saving ahead of time for these larger purchases to ensure a less painful financial impact.

What does the speaker suggest about premiums on gold and silver at the time of the video?

The speaker highlights that premiums on gold and silver are currently the lowest they have been in a long time, making it a good time to buy. This lower premium means better prices for consumers, especially those looking to buy American Gold Eagles and other coins.

What is the relationship between a Roman centurion’s salary and modern gold stacking?

The speaker compares a Roman centurion’s salary, which was about 15 gold orus per year, to modern gold stacking practices. A monthly purchase of a quarter-ounce of gold would amount to about 3 ounces of gold annually, a quantity similar to what a centurion earned in gold. This comparison demonstrates the historical significance of gold and how modern stacking practices align with ancient financial habits.