Thanks, cutlerylover for turning me on to Monarch. I've been looking into precious metal investing, but on a tight budget, the larger silver bullion is a bit too much out of my pocket book at once. These fractional coin are great for that, and for bartering, should it ever come to that.
I love these little fractional coins. They are great. But damn have they got expensive. I remember when a gram was CHEAP! But still not to bad. I would rather have 31 small coins than a one ounce. but hey, thats me.
I like the concept, but those coins are very ugly, reminds me of the Kingworld cartoons money, they may be gold but they look like such a fake i would be hesistant to buy on that basis, because of the skeptical looks if you ever presented them. bad marketing and cheap production methods with a premium from monarch
Gold is VERY cheap right now, and silver is even more undervalued. Both are set to go up to several times their current values, as the economy continues to erode.
.
Anyone suggesting buying ETFs (digital or paper investing) should know that they can't take delivery of their investment. You will receive paper cash back, not gold or silver. The only way to own real money is to own physical gold and silver.
@Whisper6911 I dont watch poltical TV although I do know who glen beck is, not entertaining to me to watch that when I do turn on the tv, I got interested in gold from seeing gold collection videos then l;ater hearing peopel talk about it, but not on tv...
@Whisper6911 Correction: Food, Water, and Firearms/Weapons will have value, and so will medicine, but sex..?? Have enough of the former listed items and you will be able to get as much sex as you want... >;-)
@noijja there are millions of ounces of precious metals out there no one is concerned about IF thery cna sell it, it will always be wanted until the end of time...you cna walk into coins shops and sell precious metals you cna sell it to anyone who sells it themselves usualy buys it back as well...but the easist place is to sell online, even ebay is booming with thousands of metal sales everyday
I only buy 1/10th oz. gold coins. Unfortunately, I can't buy from Monarch because I don't ever buy precious metals in a way that is traceable. I'm thinking more long-term, so anonymity is important to me.
@Dasdfjkl yes its at a high right now, but when to buy is up to each person its currently $1208, say it goes up to $1300 if you bought it now at $1208 then sold it at $1300 your doing great, its hard to say when it will drop, Im not sure we will see the $300 a troy ounce anytime soon like it was...its a guessing game, all we know is it will ALWAYS be worth something...
@cutlerylover Good point. Thinking about it more, if one purchases a small quantity on a regular bases, the cost average would work in your favor. For example if the first month the cost might be 50 dollars for a round and the next month you get it for 45 dollars, and the next month maybe 52 for a round. Current value isn't important. If a one time purchase is made instead of many small increments, then current value is more important.
Love the precious metals videos. It would be cool if you could make another video on the hobby in general, in particular how you can go about cashing in the investment etc. Like, say in 10 years time you had 100 ounces of silver, would you take that to a jewellers and have them melt it down and give you the cash - or are you just planning to wait and sell it on ebay or something? I love this stuff and have a small collection myself but it would be nice to know your take on it.
Another way to invest in precious metals is through Gold ETFs. The most well known is probably ticker "GLD." These funds attempt to track the price of gold. Also "UGL" is 2x levered so that when the value of gold goes up 1x, your investment goes up 2x.
Easier to do than buying the material objects, IMO.
@experimentjon They don't have enough gold to fully back it up. Paper Promises is NOT real gold, it's derivatives and we all know what banks do. Please read the prospectus that says it's unsecuritized. If you can't touch it, you don't own it.
@experimentjon I dont know about you but thats based on trust, if the crap hits the fan your left in the sdust, that ebign said, the chances of the crap really hitting the fan isnt that high but the chance is always there, I just prefer to see and hold my investments...
@cutlerylover Fair enough. There is definitely something to be said about the supreme safety of having tangible gold pieces. However, ETFs are still a VERY safe way to invest in gold, and although they are a derivative product, they're a farcry from the MBS or CDS that we all know about now.
@experimentjon on the flip side if your talking about large investments of say silver it gets hard to store...gold isnt as bad unless your talking hundreds of thousands of dollars worth...whatever floats your bopat, I dont think paper investemtns are that risky right now though, and if you know (think highly that you can at least) you can profit why not right...
@experimentjon buying metals on paper is not as fun as having physical metals. There is no substitute for being able to hold the metal in your hand. If it hits the fan you will also have something to trade if the dollar goes bad.
The reason you want small amounts of metals is so if things ever get so bad that you need to traded them for food or other things, you can trade the smallest amounts easier then the larger ones.
@skullovscott the idea is because the valuer is always changign you buy it when its cheap and sell it when its worth motre to make money, many peopel make a living doing this, but to the average person its not somethgin to get you rich overnight you need to wait a while for it to gain value if you have a small amount, but say you have $50,000 to spend you cna make thousands overnight all depends...
@Mrcaffinebean almost every mall has a kiask that buys gold, there are thousands of coin shops that buy gold, ebay, online traind, gand any place that sells it usualy buys it too, plenty of places to sell in person or online, same goes for silver
Seems to me like you have to buy the metals slightly above market value so the company selling it can make money. Then if you want to sell them you will need to sell it slightly below market value so the company buying it can make money. But I suppose all investments have hidden costs like that (transaction fees on the stock market for example)
@x2mike2x yes thats 100% correct if your talking about selling oit back to a major company since they buy below market, but palces like ebay, pricves sell above market say you bought at $18 per ozt then it hits $20 per ozt you can probably sell it for $20-$21 per ozt on the secondary market to private buyers...
Funny that that 1 gram round, though smaller, was a cleaner stamping. Yeah, even 1 oz gold coins and rounds might be a tad illiquid, as the price rises. Still beats fiat garbage! =^[.]^=
In February I traveled to India with my family (I'm 15), and I managed to scrape ~$530 together, and I talked my parents into letting me buy a 22kt gold ring with 16 zircon diamonds. it weighs something like 13 grams (I might be off, because I didn't really pay too much attention to that sort of stuff, but it was from a very reputable dealer). Is this a good investment?
@pwnagnerd Jewelry is an iffy investment, because you can only liquidate it with a jeweler or pawn shop, neither of which is gonna pay even close to what it's worth. Gemstones add almost zero value to a gold item; look at what diamond rings sell for these days on eBay. Better to buy bullion bars, rounds, or coins, and preferably not coins with a numismatic value. ='[.]'=
@wowggscrub because they contain no markings showing that they are pure gold making them harder to sell or trade with people who don't have a way to test for purity....they say the same thing about that silver shot.
@wowggscrub Because they wouldn't make themselves vulnerable to legal and civil actions by fraudulently selling substandard gold and silver products. Even the risk of fines, imprisonment, and lawsuit, aside, they wouldn't want to destroy their reputation as a business just to make a few extra bucks. =^[.]^=
@Raycheetah probly A good waay woud be to see what the volume of the coin is and athen see what the aweight is considering that gold ahas a specific density of 19.3 g/ cm cubed you could see if they added other base metals to it ?
@wowggscrub probably because your selling and buying based on trust the onyl way to know what it is since there are no markings is to test it with an acid test or other v arious methods...thats all
@zaccolton actualy sears and Kmart just started a program where you cna trade gold for store credit...but most stores in the US dont accept it, howvere you cna sell it very easily and then use the paper money to buy goods in whatever country your in
@valuewhale yes since my videos BUT I dug them up and will have a video on it eventualy got some tarnishing to show since my packign wasnt as secure as I thought...not a problem though stgill worth the same money and if needed cna be cleaned up
@mkevan you are talking about avoirdupois ounce, which is 28.349523125 grams, we are talking about the troy ounce (unit of imperial measure) the one that is used in the precious metals. 31.1034768 grams is the correct value.
@mkevan 28.3495231 grams is an ounce worldwide...BUT...regular ounces is not what is used in precious metals worldwide....they TROY ounce is used in metals....it is 31.1........ grams
Isn't Gold really soft? I would think those gold coins would break/bend really easily
DutchMannDan 3 months ago
31.1034768G/TO
heat45jc 9 months ago
dude, where do you live?....cause immah rob you :)
GOLDDEAGS 1 year ago
Thanks, cutlerylover for turning me on to Monarch. I've been looking into precious metal investing, but on a tight budget, the larger silver bullion is a bit too much out of my pocket book at once. These fractional coin are great for that, and for bartering, should it ever come to that.
pfarnsworth84 1 year ago
Just received another order of silver, Rounds 1/10, 1/4, 1/2oz. Nice!
ristin59 1 year ago
cool I like them little coins
it is the first time I have seen them
Thanks for vid.
PEACE
evilintheeast 1 year ago
I love these little fractional coins. They are great. But damn have they got expensive. I remember when a gram was CHEAP! But still not to bad. I would rather have 31 small coins than a one ounce. but hey, thats me.
HeartOutOfSeason 1 year ago
2:40 why does ur camera have a heartbeat =] lol
john1112112 1 year ago
Monarch precious metals needs to ship international!
videokid001 1 year ago 20
ill buy around 950 after the 2nd leg of the housing crash bottoms in late 2011
dave997 1 year ago
I like the concept, but those coins are very ugly, reminds me of the Kingworld cartoons money, they may be gold but they look like such a fake i would be hesistant to buy on that basis, because of the skeptical looks if you ever presented them. bad marketing and cheap production methods with a premium from monarch
minrlwtr 1 year ago
sdsd
drutter 1 year ago
Gold is VERY cheap right now, and silver is even more undervalued. Both are set to go up to several times their current values, as the economy continues to erode.
.
Anyone suggesting buying ETFs (digital or paper investing) should know that they can't take delivery of their investment. You will receive paper cash back, not gold or silver. The only way to own real money is to own physical gold and silver.
drutter 1 year ago
may 31st is my birthday!
appletime101 1 year ago
monarchs just put up an "other gold" catagory. 5 gram 1/4 ounce and half ounce not minted by them. sweet stuff!
berryjs140 1 year ago
i hope you weren't inspired by glen beck.
that guy is payed over 2 million a year by goldmine/com to
scare the shit out of people and recommend gold.
i'm pretty sure that if WW3 or whatever end of the world scenario ever
happens there will be only 3 things of real value:
food, drugs and sex.
Whisper6911 1 year ago
@Whisper6911 I dont watch poltical TV although I do know who glen beck is, not entertaining to me to watch that when I do turn on the tv, I got interested in gold from seeing gold collection videos then l;ater hearing peopel talk about it, but not on tv...
cutlerylover 1 year ago
@cutlerylover lol i mostly know him trough clips on the daily show.
Whisper6911 1 year ago
@Whisper6911 Correction: Food, Water, and Firearms/Weapons will have value, and so will medicine, but sex..?? Have enough of the former listed items and you will be able to get as much sex as you want... >;-)
BushidoDevildog 1 year ago
@BushidoDevildog also i would note that no successful drug dealer has ever been without food, water, medicine, guns or punani.
Whisper6911 1 year ago
@Whisper6911 yeah i guess i forgot about weapons.
but people will always be willing to pay for sex, and drugs, and yeah i guess guns.
but u cant generate guns, or resell them again and again.
sex has its price, and only gets you so far.
but drugs, now they can be made, they can be grown.
a clever person could set up a self sustaining production with minimal
means, and will have a product virtually everyone will want.
Whisper6911 1 year ago
@Whisper6911 i know that sounds sinister, but imagine some new orleans clusterfuck, lots of wounded, morphine runs out, and you just happen to have
a supply of opium...
cocaine is a schedule 2 drug precisely because of its medicinal uses.
i don't know what they are, but there are medical applications for it.
all kinds of stimulants can be used to stave off hunger.
cannabis can treat a wide variety of lesser problems,
and be a huge benefit to morale.
and so on and so forth...
Whisper6911 1 year ago
sweet vid!
berryjs140 1 year ago
Start while your young and in twenty years you will have something .Its a great investment !
krazy45cat 1 year ago
contrast pusle @ 3:38
geurgeury 1 year ago
@TheFirearmsChannel hahaha
cutlerylover 1 year ago
i would like to start with precious metals but im afraid that i wont be able to sell it when i want/need to
noijja 1 year ago
@noijja there are millions of ounces of precious metals out there no one is concerned about IF thery cna sell it, it will always be wanted until the end of time...you cna walk into coins shops and sell precious metals you cna sell it to anyone who sells it themselves usualy buys it back as well...but the easist place is to sell online, even ebay is booming with thousands of metal sales everyday
cutlerylover 1 year ago
I only buy 1/10th oz. gold coins. Unfortunately, I can't buy from Monarch because I don't ever buy precious metals in a way that is traceable. I'm thinking more long-term, so anonymity is important to me.
veritasfiles 1 year ago
man...those things are so small...id probably eat them or something.
TheGreatOldOnes 1 year ago
They seem to be out of the 1/10th oz. coins
insularfox101 1 year ago
A little more Money Love 4 you my Friend!!
VoodooPolitics1 1 year ago
i bought some of those off ebay pretty cheap
mattinmo 1 year ago
Gold is at such a high it isn't a good time to purchase. It will settle down once the economy ramps up.
Dasdfjkl 1 year ago
@Dasdfjkl yes its at a high right now, but when to buy is up to each person its currently $1208, say it goes up to $1300 if you bought it now at $1208 then sold it at $1300 your doing great, its hard to say when it will drop, Im not sure we will see the $300 a troy ounce anytime soon like it was...its a guessing game, all we know is it will ALWAYS be worth something...
cutlerylover 1 year ago
@cutlerylover Good point. Thinking about it more, if one purchases a small quantity on a regular bases, the cost average would work in your favor. For example if the first month the cost might be 50 dollars for a round and the next month you get it for 45 dollars, and the next month maybe 52 for a round. Current value isn't important. If a one time purchase is made instead of many small increments, then current value is more important.
Dasdfjkl 1 year ago
jeff you should buy a silver eagle monster box !!
ChristopherWalkenPUA 1 year ago
@ChristopherWalkenPUA I really wish I could...
cutlerylover 1 year ago
Love the precious metals videos. It would be cool if you could make another video on the hobby in general, in particular how you can go about cashing in the investment etc. Like, say in 10 years time you had 100 ounces of silver, would you take that to a jewellers and have them melt it down and give you the cash - or are you just planning to wait and sell it on ebay or something? I love this stuff and have a small collection myself but it would be nice to know your take on it.
LeKioskMusic 1 year ago
Another way to invest in precious metals is through Gold ETFs. The most well known is probably ticker "GLD." These funds attempt to track the price of gold. Also "UGL" is 2x levered so that when the value of gold goes up 1x, your investment goes up 2x.
Easier to do than buying the material objects, IMO.
experimentjon 1 year ago
@experimentjon They don't have enough gold to fully back it up. Paper Promises is NOT real gold, it's derivatives and we all know what banks do. Please read the prospectus that says it's unsecuritized. If you can't touch it, you don't own it.
purepaloma 1 year ago
@experimentjon I dont know about you but thats based on trust, if the crap hits the fan your left in the sdust, that ebign said, the chances of the crap really hitting the fan isnt that high but the chance is always there, I just prefer to see and hold my investments...
cutlerylover 1 year ago
@cutlerylover Fair enough. There is definitely something to be said about the supreme safety of having tangible gold pieces. However, ETFs are still a VERY safe way to invest in gold, and although they are a derivative product, they're a farcry from the MBS or CDS that we all know about now.
experimentjon 1 year ago
@experimentjon on the flip side if your talking about large investments of say silver it gets hard to store...gold isnt as bad unless your talking hundreds of thousands of dollars worth...whatever floats your bopat, I dont think paper investemtns are that risky right now though, and if you know (think highly that you can at least) you can profit why not right...
cutlerylover 1 year ago
@experimentjon buying metals on paper is not as fun as having physical metals. There is no substitute for being able to hold the metal in your hand. If it hits the fan you will also have something to trade if the dollar goes bad.
ArtisanTony 1 year ago
Good stuff!
TheBalroth 1 year ago
The reason you want small amounts of metals is so if things ever get so bad that you need to traded them for food or other things, you can trade the smallest amounts easier then the larger ones.
paragonshadow 1 year ago
If you're buying a 1/10 oz gold coin, why not buy a 1/10 oz Gold Eagle?
sae1095hc 1 year ago
@sae1095hc because the premium is higher, Im not buying so much for collectability as I am for metal content...
cutlerylover 1 year ago
what can u do with this gold is it just like a collection or do u sell it off and make more money from it i dont get it please tell me ?
skullovscott 1 year ago
@skullovscott the idea is because the valuer is always changign you buy it when its cheap and sell it when its worth motre to make money, many peopel make a living doing this, but to the average person its not somethgin to get you rich overnight you need to wait a while for it to gain value if you have a small amount, but say you have $50,000 to spend you cna make thousands overnight all depends...
cutlerylover 1 year ago
throughout like the whole video the camera was focusing then defocusing, kinda annoying but once you get past that its a good video
imacf90 1 year ago
@imacf90 yeah I need a new camera...
cutlerylover 1 year ago
good info, thanks
iwillybilly 1 year ago
Dude, if people can't afford Gold in ounces - they should be buying Silver instead!
AitchKay 1 year ago
How would you go about cashing such an investment in?
Mrcaffinebean 1 year ago
@Mrcaffinebean almost every mall has a kiask that buys gold, there are thousands of coin shops that buy gold, ebay, online traind, gand any place that sells it usualy buys it too, plenty of places to sell in person or online, same goes for silver
cutlerylover 1 year ago
@cutlerylover
Seems to me like you have to buy the metals slightly above market value so the company selling it can make money. Then if you want to sell them you will need to sell it slightly below market value so the company buying it can make money. But I suppose all investments have hidden costs like that (transaction fees on the stock market for example)
x2mike2x 1 year ago
@x2mike2x yes thats 100% correct if your talking about selling oit back to a major company since they buy below market, but palces like ebay, pricves sell above market say you bought at $18 per ozt then it hits $20 per ozt you can probably sell it for $20-$21 per ozt on the secondary market to private buyers...
cutlerylover 1 year ago
Very cool! Thanks for the info!
I've been saving "junk silver" coins, that a nice price for gold.
If the dollar goes down the crapper, that 1/10 gram will skyrocket in price.
ristin59 1 year ago
i would invest in silver way before i invest in gold
marshall3win 1 year ago
Funny that that 1 gram round, though smaller, was a cleaner stamping. Yeah, even 1 oz gold coins and rounds might be a tad illiquid, as the price rises. Still beats fiat garbage! =^[.]^=
Raycheetah 1 year ago
Nice gold rounds. Keep stackin
K1RKH4MM3T 1 year ago
Great Vid Man!! Love my Gold 2!!
Thumbs Up and some Money Love!!
MadBadVoodo 1 year ago 5
@MadBadVoodo Thanks Rich BTW get a package on the mail yet? Went out on Saturday...
cutlerylover 1 year ago
good job
KSpenceV 1 year ago
nitric acid reacts with gold.
wowggscrub 1 year ago
jefffffffff youuuuuuuuu areeeeeeeee awsomeeeeeeeee
Freeruningteamv1Fan 1 year ago
The camera is CRAAAAZY!
TheDeltaPapa 1 year ago
Nice video. I need to start my collection.
URBANAMERICANTAC 1 year ago
In February I traveled to India with my family (I'm 15), and I managed to scrape ~$530 together, and I talked my parents into letting me buy a 22kt gold ring with 16 zircon diamonds. it weighs something like 13 grams (I might be off, because I didn't really pay too much attention to that sort of stuff, but it was from a very reputable dealer). Is this a good investment?
pwnagnerd 1 year ago
@pwnagnerd Jewelry is an iffy investment, because you can only liquidate it with a jeweler or pawn shop, neither of which is gonna pay even close to what it's worth. Gemstones add almost zero value to a gold item; look at what diamond rings sell for these days on eBay. Better to buy bullion bars, rounds, or coins, and preferably not coins with a numismatic value. ='[.]'=
Raycheetah 1 year ago
i saay fuck gold invest in spam stays good for years and you can eat it , you cant eat gold .
wowggscrub 1 year ago
i saw on apmex they have gold nuggets and it said ( not for investing) why not ?
wowggscrub 1 year ago
@wowggscrub because they contain no markings showing that they are pure gold making them harder to sell or trade with people who don't have a way to test for purity....they say the same thing about that silver shot.
GiveMeLiberty80 1 year ago
@GiveMeLiberty80 well how do I know that athe gold in monaarchs coins aare pure then?
wowggscrub 1 year ago
@wowggscrub you cna use a tester Ill have videos in the future on checking purity of metals
cutlerylover 1 year ago
@wowggscrub ....because they are minted by a reputable mint(Monarch Precious Metals) and they are stamped ".999 Fine Gold"
GiveMeLiberty80 1 year ago
@wowggscrub Because they wouldn't make themselves vulnerable to legal and civil actions by fraudulently selling substandard gold and silver products. Even the risk of fines, imprisonment, and lawsuit, aside, they wouldn't want to destroy their reputation as a business just to make a few extra bucks. =^[.]^=
Raycheetah 1 year ago
@Raycheetah probly A good waay woud be to see what the volume of the coin is and athen see what the aweight is considering that gold ahas a specific density of 19.3 g/ cm cubed you could see if they added other base metals to it ?
wowggscrub 1 year ago
@wowggscrub probably because your selling and buying based on trust the onyl way to know what it is since there are no markings is to test it with an acid test or other v arious methods...thats all
cutlerylover 1 year ago
can you use gold at stores???
zaccolton 1 year ago
@zaccolton actualy sears and Kmart just started a program where you cna trade gold for store credit...but most stores in the US dont accept it, howvere you cna sell it very easily and then use the paper money to buy goods in whatever country your in
cutlerylover 1 year ago
@cutlerylover ok thanks and one more question do you ever have to replace the cotton balls in zippos??
zaccolton 1 year ago
gold will ALWAYS be a source of currency throughout the world. It is by far the best investment you can ever make :)
metaphysikz101 1 year ago 2
Did you already bury your other precious metal?
valuewhale 1 year ago
@valuewhale yes since my videos BUT I dug them up and will have a video on it eventualy got some tarnishing to show since my packign wasnt as secure as I thought...not a problem though stgill worth the same money and if needed cna be cleaned up
cutlerylover 1 year ago
@cutlerylover THAT whould be very interesting vid!
valuewhale 1 year ago
Dude at first I thought this was a cash4gold commercial....wow
Marsl2007 1 year ago
@Marsl2007 ahhahahahah me too, me too!
Gywhard 1 year ago
Comment removed
valuewhale 1 year ago
Good stuff very cool. thx for posting.
MadSmokerBBQ 1 year ago
28 grams in a Ounce man
mkevan 1 year ago
@mkevan One troy ounce is exactly 31.1034768 grams, not 28.
Dryadwoods 1 year ago
@Dryadwoods in Canada its 1 ounce = 28.3495231 grams google serch
mkevan 1 year ago
@mkevan you are talking about avoirdupois ounce, which is 28.349523125 grams, we are talking about the troy ounce (unit of imperial measure) the one that is used in the precious metals. 31.1034768 grams is the correct value.
Dryadwoods 1 year ago 7
@mkevan were talking about a troy ounce its different than a regular ounce...
cutlerylover 1 year ago
@cutlerylover i was wrong and ill be the first to admit it jeff
mkevan 1 year ago
@mkevan its ok man no one woudl know that unless they were into precious metals, nothgin wrong with that at all...honest mistake
cutlerylover 1 year ago
@mkevan you must t not collect much metal since a Troy Ounce (which is what precious metals is measured in is 31 grams
1 troy ounce = 31.1034768 grams (/google search)
sideflight 1 year ago
@sideflight 1 ounce = 28.3495231 grams im in canada
mkevan 1 year ago
@mkevan 28.3495231 grams is an ounce worldwide...BUT...regular ounces is not what is used in precious metals worldwide....they TROY ounce is used in metals....it is 31.1........ grams
GiveMeLiberty80 1 year ago
@mkevan stupid pothead...not disagreeing with your statement but 1 troy ounce is different then 1 ounce no matter what country you live in
sideflight 1 year ago
@sideflight wow go pound sand up your ass i got the point after the first fucking comment
mkevan 1 year ago
@mkevan yes but Im talking about a troy ounce precious metals are not weighed with a normal weight system
cutlerylover 1 year ago
numero uno!
scampster 1 year ago
Comment removed
SimonBaxter93 1 year ago
I just happened to be on in time to be the first one to see this, sadly I am not interested in "precious metals."
JosephNowhere 1 year ago
FIRST! WOOOOOT
ImaPengwin 1 year ago