Challenge Issued 🎯: Why Haven’t You Bought Your First Ounce of Gold or Silver Yet?
- David LeBlanc
- Aug 17
- 4 min read
Hi again real money tribe,
As Summer starts to wind and September approaches, I want to take a moment to shift gears a little. Instead of the usual deep dive into the value and benefits of precious metals or income-focused strategies especially during these difficult and changing times, I want to get a little more personal by askng you a simple but important question:
👉 Why haven’t you bought your first ounce of gold or silver yet?
If you’re reading this blog or listening to my podcast, The Precious Metals Coach, then chances are you already understand and believe in the power of physical precious metals. You know that physical gold and silver can protect your wealth and financial privacy, that they can't be created from thin air unlike fiat dollars, that they’re tangible assets you can actually hold in your hand, and that they carry far more certainty than digits in a bank account. You also know the risks—our modern financial system relies on technology, internet connections, and fiat dollars that lose value over time.
The Problem With Our Current System
Let’s be honest: the financial system isn’t built for us—it’s built against us.
We trade our labour for time and then store our labour in fiat dollars usually exclusively that constantly lose value - this does not honour or respect our hard work.
The system charges us fees, service costs, and even taxes the little bit of interest we may make.
Governments pile on massive debt and spending that would bankrupt any household if we tried to manage our finances the same way.
If you really think about it, we’re storing the value of our labour in something that doesn’t retain its worth - in fact it is designed to lose it's value over time and it's called the target inflation rate. That’s not a system designed to honour the work we put in every day or meant to store, protect and grow our savings and wealth. It’s time to think differently and step outside of that cycle and system
"So what's holding you back from owning your first ounce(s) of gold or silver?"
Starting Small: Precious Metals as Savings, Not Just Investment
Many people tell me, “I’d love to buy gold or silver, but I don’t have thousands of dollars lying around.”
Here’s the truth: you don’t need a fortune to get started.
If I had $800 to swap into gold and silver, this is what I would do:
1/10oz gold coin - Canadian "Maple" = $540CAD
5 x 1oz silver coins - Canadian"Maple" = $58 x 5 = $290CAD
If I only had $60, this is what I would start with:
1 x 1oz silver coin - Canadian "Maple"
Even better, if you can put aside $60 a week—the equivalent of skipping that daily $8 Starbucks coffee—you can build a solid foundation in precious metals. After just a month, you’d go from owning zero ounces of silver to four ounces. Keep going for a year and that’s real progress.
Remember: buying gold and silver isn’t just “investing.” It’s saving in real money that has held its value for thousands of years.
💡 When buying coins, I like to buy an emplty tube as this gives me a goal which is to fill it. These tubes often cost only $1 or $2 and can be a great way to keep you going on completing your goal - which is to fill the tube and add ounces. Plus, they are a wonderul way way to store and protect your metals.
How to Buy Your First Ounce
If you’re wondering how to get started, here’s the good news: you already know how. If you can shop online or at any retail brick and mortar store, you can buy precious metals.
Local coin shops – Great for beginners. You can ask questions, get guidance, and leave with a coin in your hand right away, plus your purchase is 100% anonymous for those who value this.
Online dealers – Usually offer a wider selection and sometimes better pricing, though shipping charges could apply so check their rates. You pay online so not 100% anonymous. A great option if there is not a local coin shop nearby and shipping is typically safe and insured.
💡Pro tip: Always compare prices between at least 2–3 local or online dealers. Costs can and do vary even on the same item, and each dealer has their own overhead.
The most important step? Just do it. Buy your first coin, bar or round and experience the process which reduces fear and anxiety and builds comfort and confidence. Once you hold that silver or gold in your hand, you’ll feel the difference. It’s not just paper—it’s real wealth.
The Challenge Is On! 🎯
So here’s my challenge to you:
🔹 This week, buy your first ounce of silver or a fractional piece of gold. Browse online, visit a local coin shop, and take the plunge.
Because once you buy that first coin, something changes. You’ll feel the satisfaction of storing your labor in something tangible, real, and timeless. And often, that first purchase leads to the next—and before long, you’re building wealth outside of the broken fiat system along with better financial habits.
Nobody gets excited about holding a $20 bill. But holding a silver coin or a gold bar in your hand? That’s an entirely different experience.
So don’t wait. Don’t overthink. Take the challenge and buy your first ounce today.
And when you do, I’d love to hear about it—drop a comment or email me at preciousmetalscoach@proton.me and let me know that you pulled the trigger on your first ounce(s), and even share what you bought.
This is how the journey begins...one ounce at a time.
To your financial health 🥂,
David
The Precious Metals Coach + Money Mindset Mentor
Real Money For We The People
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