Can You Have TOO MUCH Gold? How Much Gold Should You Have?

This video looks at the topic of whether you can have too much gold. And, more importantly, how you might calculate how much gold you should have to begin with. As always this isn't financial advice, and it's not specific to anyone person, but it should help you decide what might be best for you if you’re buying gold coins.

32mm Direct-Fit Capsules
(Fit 1 oz American Gold Eagles, Gold American Buffalos, etc.)

30mm Direct-Fit Capsules
(Fit 1 oz Canadian Maple Leafs)

27mm Direct-Fit Capsules
(Fit 1/2 oz American Gold Eagles, etc.)

22mm Direct-Fit Capsules
(Fit 1/4 oz American Gold Eagles, etc.)

16mm Direct-Fit Capsules
(Fit 1/10 oz American Gold Eagles, etc.)

Theory11 Playing Cards

Field Notes Notebooks

Disclaimers: I am not a financial planner. I'm just a guy on the internet, talking about precious metals. As an Amazon Associate I may earn commissions from qualifying purchases. Any potential compensation I earn will not negatively affect your purchase. Thank you!

[michaelseangarrison]

They say that gold doesn't have a high return, but every dollar I convert to gold is a dollar that I don't waste on meaningless garbage, so the fact that it is a "fun" way to "save" money is big...

[JabbrJaws]

I think this is one of the best explanations of how much gold you need. The break down of personal monthly/yearly expenses is spot on. This is how you should calculate gold allocation. Smart man

[calebdoner]

Opportunity cost is the reason I haven't had any money tied up in gold. But I really like your concept of a gold-based savings account, which is the first real solid reason I have found to start buying.

[dudewheresmyhorse]

I have made short term and long term goals in regards to silver, gold and platinum. My personal long term goal is to obtain 1, 000 ounces of silver, 100 ounces of gold, and 10 ounces of platinum. On the short term my first goal on gold was to obtain 10, than 20, than 50 before reaching 100. Everyone starts off somewhere but once you obtain your first 2 ounces of gold there's no going back IMO. Thanks for putting the links in the description and keep up the great content.

[jager]

My Father lived through the Great Depression and the Gold Confiscation by FDR. He said ideally, 20% of your savings should be in Gold. He never achieved that during his life time, but wished he had. His government pension of $3, 000 a month was awesome when he first retired and in his last years of life, it wasn't enough to live on, even as it was adjusted for cost of living. He diluted his savings. and luckily for him and my Mom it did last until the end of their lives, with some assets, mostly in their home residence value remaining. The government de-valued with inflation all of his money and by dropping interest rates low, insured his cash savings would never keep up with inflation, even as the cost of goods and services rose.

[greatcanadianmoose]

You are such a good youtuber here... you tell people to STOP buying gold when they have too much! Good on you for being honest.

[gerrykelly-zklf]

Hit 100 ounces late last year. Building cash reserve now and studying equities. Cleared the Mortgage no credit card debt. There is a lot of truth in your video, wise safe words. My stack is about 80% uniform to the region I live in, any more gold purchases will be slow and with the view to making my 100 ounces 100% uniform to make selling it easier in later years.

[Sal.]

Just started my stacking last year. I closed out an old 401k that I wasn't putting in anymore and purchased 20 ounces of gold with it. Im far from where I want to be but so far little by little im getting there. Thank you for your videos, You and many other YouTubers made me want to start this gold frenzy I have.

[lionheart]

One gold per month and 10 silver per month is my sweet spot. Allows me to buy other assets as well like real estate, btc, stocks, etc

[kevins]

Watching those Buffalos stack up was a real treat! If only those premiums would drop.

[Jbedard]

Warren Buffet was born in 1930. A one-ounce gold coin was $20.00. Had Warren's grandfather (very paternal in those days), purchased one gold coin for the boy in 1930 - it would have had a positive net when gold hit $2, 000 an ounce. Today that same $20.00 is worth btwn $.50 and $1.00. Making your savings work today is likely metals and T-bills or similar products to help you "lose less". Great video - love the comment below about collecting is fun and your take on "how much gold do you need". Buy Gold and Silver Safely is a great intro book for anyone you know who might be a skeptic - great job on this channel my man!!!

[charlesmontague]

This is probably the most sensible and level-head approach to gold stacking I've seen on the interwebs. Thank you for sharing your insight.

Compared to you, I have a much narrower window of gold savings on hand at all times -- three months' expenses -- which is very easy to store, and very easy to put into a small bag and walk out the door with should a doomsday scenario occur. (I don't count on a doomsday scenario ever occurring, however. If it does, I'll probably have much bigger fish to fry than stuffing my pockets full of gold.)

[joshflugel]

I really like the approach of this channel. It is so shocking that nobody I personally know is into any sort of personal finance strategies. They live off family wealth, stumbling paycheck to paycheck and see stacking or investing like dangerous gambles LoL. I device my own strategies, so it is great to watch and learn from more experienced people who are in the same page. I started stacking with gold, because I had some savings I could convert into metal. I know that from there on, I can operate with a fiat cash box worth 2 years, that initial gold as core of the stack, and start saving to buy silver in a quarterly basis. The idea is to eventually start converting silver to gold to keep the stack in a compact physical size. Also I am starting small to have time to learn and avoid making costly noob mistakes.

[ananda_miaoyin]

Nice to see so many giving a shit about real honest money in light of our current paradigm of anything but.

[sunnyrajput]

Glad to see a practical person with common sense.

[Goldhead]

I really like the way you think. No doomsday, no great reset, just rational approach towards “savings” account that is not based on depreciating fiat. Rainy day fund that is not investment, but will pay your bills and provide food in case of emergency situation (job loss, economic troubles, pandemics etc). Plus it’s a hard asset + it’s outside of banking system. Love it man. Switched to gold Eagles after years of collecting/stacking some cheap silver :)

[RUSSELLJSALTER.C.B.E]

I have a passion for Motorcycling and own 3. I'm still buying 30g of gold, and 10 oz silver monthly. Well you've got to have some fun and balance in life!!!

[everythingandnothing]

I like the idea of stacking until I have enough for a real estate purchase.

[natesandoval]

I agree with you! It's good to have money working for you on the side. Diversification is great for more than just hedging your bets, but to keep from having all your money tied up in savings.

[christophermccormick]

Planning around common sense is sound strategy. Well done my man. Cheers🥃