Join the Bald Guy Money Patreon Community for great additional content: www.patreon.com/user?u=85209064 LINK TO MY LATEST FREE ARTICLE ON THE GOLD TO SILVER RATIO: www.summitmetals.com/blogs/bald-guy-money-articles/what-is-the-gold-to-silver-ratio-is-it-important
Not saying all gold/silver stackers are short-sighted but it fascinates me how many people are focused on daily/weekly moves. Metals have one decent/sizable pullback and people panic/call for unrealistically low prices ahead. Looking at the larger picture shows metals are still in an upward trend; this is just a healthy pullback/rest.
Because im this time we can sell our precious metals on monday, buy crypto, sell crypto on friday and buy 2xammount od precious metals we sold previous.
I couldn't agree more. I acquired a $10 gold from 1907 and the old school 2x2 flip had the purchase price of $37 !! As long as the world is on a fiat system the trend is up
@@janetully2332 couldn't pay the military, so couldn't buy off the barbarians. BUT who are the barbarians that America need to pay off. Answer, those holding US treasuries that want payment in gold. Like the French did when the sent a warship into a US harbour to collect it. That was before 1971 when Nixon 'temporarily' suspended the convertibility of dollars into gold. Here is a clue, Bernanki's regard to gold "A BARBAROUS RELIC'........... Until it's all you've got left, then it saves your ass....ets
I’m shocked at how few views this is getting. Only the people who will be around for the long haul increases are here. Rest are watching the hype machine promise $1000 silver by next week. Very sad. Thanks for this amazing interview. I have watched all of Mary’s docuseries.
@@HectorJR1979easy keep stacking silver 90% is best, wait to see how the financial restructuring of the country goes… The market is still overbought, make plans to do something enjoyable during the Christmas season 😊
In Austrian economics, one theory is that when a country has a technological development in the means of production that many people are put out of work. But that work was inefficient and tedious, the pay was low. When the means of production become more efficient, less people are needed and the wages have to be higher to accomodate the skill level required to employ the means of production. However, those people who are put out of work now must find more meaningful employment and increase their own skill level. So, in a sense, slavery and low wages does stymie technological development because that development is not needed or necessary. And so, the result is wealth (which is defined as goods and services) never increases in quality or quantity contributing to a stagnant economy. Mary is quite correct in this.
Mary Beard is an underrated gem! I’ve watched her documentaries and you can’t turn them off! Her scholarship is only surpassed by her expertise in teaching. Excellent choice Bald Guy!
Thanks again Bald Guy. I am pretty sure Gold is going to hold 2500 and Silver probably 28.50-29. Loading up with some miners Friday and probably Monday for a B leg up. Then a C leg down for a double bottom scenario or slightly lower low and a big W pattern formation which should take Gold to possibly 3200 and Silver 42-45 by middle of 2025.
I loved this video. Mary Beard is a very entertaining historian. Like you mentioned, she tries to present the point of view of the average citizen in Roman history. One major difference between then and now, due to social media and mass literacy, is that the documentation of normal citizen points of view is happening. It will be interesting to see how historians of the future regard us, our views, our economy, and our treatment of one another.
Been noticing that many videos are claiming the bull market is over for gold and silver, if it is true that was a short lived bull market I thought it would last a few more years
Great video. I would love to see you do a weekly video on the topic of ancient Roman coins- both from a collector standpoint and from a historical perspective. Especially how it connects back to current economic conditions.
This was fantastic! So few precious metals channels would know who Mary Beard is much less bother to have her on their channel. Having genuinely scholarly people on to discuss history and the relevance of the past to our current age is an absolute cut above. Thank you, sir!
Back in 1965 my 7th grade social studies teacher declared America is the modern day Rome he said arrogance and decadence destroyed Rome and America will do the same unless we make a rapid change in our national behavior and fiscal policies
What great interview with Mary Beard who brings ordinary life in Rome to us. I watched most of here programs and also read her last book which I can recommend.
I enjoyed the video very much! I love history and I love the way it's always been tied to silver and gold. Would love to see one on early history monetarily of this nation as it's tied to silver and gold ❤
Hi there BGM, I really enjoyed your interview with Mary Beard and kudos to you for getting her on your channel. In an era of instant gratification, we need to be aware of the 'big arc of time' that frames our financial experiences. To that end this was an excellent video that helped showcase the big questions we need to address repeatedly, namely , what is money, what is value, what is inflation etc? Thanks for the stimulating discourse.
Your best video but I love history. I wonder how many hoards of coins were hid when Hannibal was coming ! Fascinating stuff. Have a great week Bald Guy !
You know me, BG, I love this stuff. Do more. I think that what is missing from this discussion is the powerful, objective evidence of the progressive debasement of silver coinage in various periods during the Roman Empire. This is something that future generations will not have as clearly from our time except that we demonetised Gold and silver at various periods which is reminiscent of what happened in Roman times, but much cruder. In a sense, though, inflation of the money supply now is not totally different - the government still needs to create more money to pay for costly projects (including the military).
Link to your 2022 video for value of silver in ancient romes in description doesn't work. Amazing video Bald guy. I love watching your videos and you brought in a Roman expert!
I love this discussion and the points and counter-points presented. There are really many lessons we should learn from history, as it is said it tends to repeat itself.
I appreciate Mary Beard educating me on what life is like in her section of the world and what it was like in Rome. I did have a problem hearing what her answers were to The Bald Guy's questions. :(
Nothing has changed to justify the pull back all the issues are still there. There has not even been major selling of physical gold. The selling was in paper gold positions. There is just an effort to create a narative to encourage gold selling, for the smart it is an opportunity to acquire at a lower price/pull back.
Interesting episode to a certain degree and I was defiinetly intrigued by the title and what discussion would come from it but I wasn't able to conclude much from the episode. I liked her honest approach to answers. I am 50 50 on if I want to see more like this. Maybe you can try it a few more times and maybe I can give you something better than 50 50.
I would like to see the amount of debasement in Roman coinage by era and metals change amount of debasement in each coin over time. Very interesting fun video today. Thanks.
Thank you, Roger. By your remarks, I guess she is someone with whom most of us would disagree regarding political perspective. It was nice to see the two of you carry on a thoughtful conversation. Perhaps a guest like David Rogers Webb for one of these more in-depth get togethers? Maybe someone who can bring to the fore an investment idea before it is commonly known. It would have been nice to know about Bitcoin when it was two cents! LOL
Hi BG, i would say the possibility of a US collapse could mirror the fall of the last great Egyptian dynasty. The Egyptians ambushed and defeated a 'Sea Peoples' that had devastated Mediterranean Empires and city states. The loss of trading partners caused the Egyptian privileged way of life to decline. Much as the way of life for the US middle class has already done. Rome lost its power because its miltary were made up of legions created from one country and operationally used in another country. After a specified period of service and sacrifice, the prize of privilege citizenship and benefits were an incentive, until it wasn't anymore. Rome imploded. Like the EU is on the cusp of doing. When the warring tribes were at the city gates of Rome, they gave an ultimatum, give us xxxx amount of gold or we burn Rome. They couldnt pay and got burned. When the Athenean Greeks found a rich vein of silver, they had a referendum, share it out or build a navy. They voted to build a Navy, and subsequently defeated the Persians. So, a lesson from History, be self sufficient, husband limited resources, hope for the best and prepare for the worst. BTW, American has no excuses, they have the resouces and the manpower, hopefully they've still got the treasure.
As Gov. continues to monetize the debt, so does the value of the dollar continues to depreciate. So I heard that gov. also uses crypto to also monetize debt, don't know if that one is true but I would not put it past them.
I kept my "house" in order, the govt. Of the USA is pushing 36trillion dollar debt, the govt we elected can print as much fiat to run govt. I can't, so i have a balanced budget. Take away printing ability and they will also have to balance a budget
Brilliant and refreshing, thanks baldguy. Question: if i have 50,000 cash should I invest it in real estate, gold, or keep it in a money market account? What would be the best risk/reward? Thank you!
That highly depends what else you have. In vacuum - you only have that to your name. I’d put 20% in gold and the rest on property that I can generate money from. Then I could build equity and use the residue to save more in metals. I am bearish in cash and bonds.
@ I have two investment properties in long term rental agreements and i have my primary residence. I have about 20 oz of gold. And i have 50,000 in a money market account that i cant decide what to do with. I can pay down my current mortgage, i can buy another property, buy more gold, or keep it in a core account earning 5%. Thanks for your feedback!
Must applaud your idea to make the connection with the Roman empire.Remember the eastern part that survived the invasion of the barbaric hordes decided to call in all the silver coinage. It decided to keep the heavy solidus 4,2 grams of pure gold while paying off intruders with lighter ...coinage. Meanwhile daily transactions were done means of brass coinage. There were some silver coinage still. The last remains of the eastern empire fell in 1462.
Bits here and there were interesting, but I feel one would have to be an Ancient Rome historian or afficianado or enthusiast to enjoy this--esp. the length. Have to admit I skipped through much of it, honestly, not in a small part to the length, the guest's staccato speech and repetitiveness mixed with mumblings and many, many ums and ahs. I would think that such a distinguished author would take a public speaking course being that she is probably doing many talks, though it seems that certain countries' people have a higher tolerance for quirky accents and speech patterns. While I'm not against guests being on the show, I DEFINITELY prefer your regular style and content, though I realize that there is only so much that can be presented. But I prefer a focus on what's happening and what you think the reason is and what might likely happen in the future as YOU HAVE BEEN SO ACCURATE SO FAR! This is just my opinion: not intended to offend as I too have my quirks (like being too long-winded)--but just being honest as you asked for our feedback. I'd like your opinion on this concept: th-cam.com/video/xk-9yOnnOME/w-d-xo.html&ab_channel=WiselyInvest
DrillMasterFlash HI BGM, I loved this content!!! Per your own statement you said the silver to food example was from 2022. I feel that for the food costs today one should consider adding 50%, ie: glass of wine being $12.00, so that would argue that 1oz of silver should be $114.00 per oz. Do you agree? Thanks
@baldguymoneyofficial I think you've brought the wrong historian on. Mary Beard is fantastic at Roman History, but she's not a financial historian. I think you should ask someone from the Royal Mint in the UK that was founded in 900AD to understand monetary history. That's my opinion
Same people are panicking, they call themselves stackers, sounds more like short term investors. If they are in crypto, they will sh**t their pants, one day swing is like gold or silver annual movements.
I'm only a quarter away through this video but I'm not sure I like this guest.. these questions are not very hard to answer. As far as how wealthy they were all you have to look at is an average day's wage and average rent cost of food. If they're making a dinarius a day and their rent is 10 denarius a month they're not living very well.. Land is not a good investment because you don't control what happens around your land and your property can be devalued because of it. Land is abundant have you traveled the world have you driven across the United States there is literally no scarcity of land. There's a scarcity of wealth preservation tools like physical gold and silver. I think Europeans in general need to stop underestimating human intelligence You're not smarter than the rest of us We have the internet and we have all the abundance of knowledge at our fingertips .. The idiotic Ponzi scheme of currency is done over and will never be again grow the freak up. Admit the truth and get a real job. sound stable money not currency. God controls the value of money with the scarcity of it in Earth the population and demand it's not up for any group of humans to determine or decide what our money is worth.. weaponizing arbitrageing and manipulating the price of money should be deemed crimes against humanity and all perpetrators wealth should be seized and distributed to the taxpaying citizens that make the system function not the rulers dictators or authoritarians that think they're smarter than everyone else when in reality they're absolute imbeciles that are evil at their core. I feel dumber having wasted my time watching this
@baldguymoneyofficial Sorry to be so critical man Love your channel and you normally offer a lot of great information but this guest is a bit too slow for the modern day level of intelligence and information moving at the speed of light.
Rich or poor is the symptom. She seems does NOT understand the fundamentals of preserving wealth-- the CULTURAL, or the value majority of people having-- PRIVATE OWNERSHIP, physical coins are the most immune asset to government or authoritarians. In extreme cases, even physical coins 🪙 cannot save you when authorities turned to confiscate PRIVATE ownership, like 1935 EO. In a nutshell, the safest way to preserve wealth is PRIVATE OWNERSHIP where social culture values.
Join the Bald Guy Money Patreon Community for great additional content: www.patreon.com/user?u=85209064
LINK TO MY LATEST FREE ARTICLE ON THE GOLD TO SILVER RATIO:
www.summitmetals.com/blogs/bald-guy-money-articles/what-is-the-gold-to-silver-ratio-is-it-important
I'm glad we're in a pull back as it was getting very expensive to even buy 1oz coins regularly. I don't mind further pullbacks on the next 12 months.
Not saying all gold/silver stackers are short-sighted but it fascinates me how many people are focused on daily/weekly moves. Metals have one decent/sizable pullback and people panic/call for unrealistically low prices ahead. Looking at the larger picture shows metals are still in an upward trend; this is just a healthy pullback/rest.
Because im this time we can sell our precious metals on monday, buy crypto, sell crypto on friday and buy 2xammount od precious metals we sold previous.
I couldn't agree more. I acquired a $10 gold from 1907 and the old school 2x2 flip had the purchase price of $37 !! As long as the world is on a fiat system the trend is up
Long term, savings! (Protection) that simple.
I save in PM. It keeps its value over time. Our own government is killing the dollar with rampant spending and money printing.
Usually happens when people put more money into an investment than they can afford.
Two of my favorite people. Watched many BBC shows with Mary B, many with Bald Guy. What a great surprise!
Remember folks, “All roads lead to gold”….
Yes!!!!
The Romans debased their money, then the Barbarians came.
The Barbarians always come.
@@janetully2332 couldn't pay the military, so couldn't buy off the barbarians. BUT who are the barbarians that America need to pay off.
Answer, those holding US treasuries that want payment in gold. Like the French did when the sent a warship into a US harbour to collect it.
That was before 1971 when Nixon 'temporarily' suspended the convertibility of dollars into gold.
Here is a clue, Bernanki's regard to gold "A BARBAROUS RELIC'...........
Until it's all you've got left, then it saves your ass....ets
The barbarians are always at the gates
@@randywhelchel4674 Some are already in as well.
@ yes, some are inside trying to get the gate open
I’m shocked at how few views this is getting. Only the people who will be around for the long haul increases are here. Rest are watching the hype machine promise $1000 silver by next week. Very sad. Thanks for this amazing interview. I have watched all of Mary’s docuseries.
That's life. People want big promised. In this one I’m offering something a bit different than I usually do. Thanks for watching.
Education is good. But current information would better suit our needs. To know history is important, but right now we're just trying to get by.
@@HectorJR1979easy keep stacking silver 90% is best, wait to see how the financial restructuring of the country goes… The market is still overbought, make plans to do something enjoyable during the Christmas season 😊
Yeah like Ron’s basement
Great advice!! Merry Christmas to you.
In Austrian economics, one theory is that when a country has a technological development in the means of production that many people are put out of work. But that work was inefficient and tedious, the pay was low. When the means of production become more efficient, less people are needed and the wages have to be higher to accomodate the skill level required to employ the means of production. However, those people who are put out of work now must find more meaningful employment and increase their own skill level. So, in a sense, slavery and low wages does stymie technological development because that development is not needed or necessary. And so, the result is wealth (which is defined as goods and services) never increases in quality or quantity contributing to a stagnant economy. Mary is quite correct in this.
Mary Beard is an underrated gem! I’ve watched her documentaries and you can’t turn them off! Her scholarship is only surpassed by her expertise in teaching. Excellent choice Bald Guy!
Thank you.
Thanks again Bald Guy. I am pretty sure Gold is going to hold 2500 and Silver probably 28.50-29. Loading up with some miners Friday and probably Monday for a B leg up. Then a C leg down for a double bottom scenario or slightly lower low and a big W pattern formation which should take Gold to possibly 3200 and Silver 42-45 by middle of 2025.
I like your support levels
Great guest and show this week BG! Love looking back at history to see the parallels of them to today. History rhymes.
Glad you enjoyed it! Have a great day.
I loved this video. Mary Beard is a very entertaining historian. Like you mentioned, she tries to present the point of view of the average citizen in Roman history. One major difference between then and now, due to social media and mass literacy, is that the documentation of normal citizen points of view is happening. It will be interesting to see how historians of the future regard us, our views, our economy, and our treatment of one another.
Brilliant bringing Mary Beard onboard, love it!
Thank you. I have admired her for a long time and used this as an excuse to talk to her.
Yes, I like videos about gold and silver in the context of history and ancient history
Been noticing that many videos are claiming the bull market is over for gold and silver, if it is true that was a short lived bull market I thought it would last a few more years
Maybe it's a contrarian indicator.
Well they are wrong or maybe believe Gov numbers .. the reasons for buying gold have changed under Trump. Have you ever heard of Judy Shelton?
The Bull Market in metals has just begun.
This was an awesome Video BG... Thanks for all you do both here and on Patreon.
Thanks Rick.
I agree with everyone else, this was a super fun and informative video, with a great guest, Mary Beard! Thank you, Bald Guy !
Thanks so much for your comment.
Ancient Rome sounds very much like today. Great video.
Great video. I would love to see you do a weekly video on the topic of ancient Roman coins- both from a collector standpoint and from a historical perspective. Especially how it connects back to current economic conditions.
Mary Beard. What a treat!! Thank you for having her and getting her thoughts on how the ancient average citizens dealt with wealth.
Thanks for watching.
I love Mary Beard. I’ve watched her on YT for a few years now. Thank you for hosting her, BG.
She was an excellent guest maybe because I love history so much but thanks for a very entertaining conversation
This comparison has been made for a long time. Answer definitely seems to be yes. We'll all find out soon today.
This was fantastic! So few precious metals channels would know who Mary Beard is much less bother to have her on their channel. Having genuinely scholarly people on to discuss history and the relevance of the past to our current age is an absolute cut above. Thank you, sir!
Thanks man! Those are very kind words.
Back in 1965 my 7th grade social studies teacher declared America is the modern day Rome he said arrogance and decadence destroyed Rome and America will do the same unless we make a rapid change in our national behavior and fiscal policies
What great interview with Mary Beard who brings ordinary life in Rome to us. I watched most of here programs and also read her last book which I can recommend.
Yes, love your normal videos, but please do more of this format as well. Thanks
I enjoyed the video very much! I love history and I love the way it's always been tied to silver and gold. Would love to see one on early history monetarily of this nation as it's tied to silver and gold ❤
That was an insightful and delightful conversation. Thanks for sharing mate.
Glad you enjoyed it.
Talking to a good historian, you know the answer is going to be complicated. Great interview Bald Guy! I wasn't expecting this one!
Thanks! I like to surprise my viewers and get in fresh ideas and topics. I have never liked doing what everyone else does. Wishing you a great day!!
@baldguymoneyofficial nicely done! Thank you! Wishing you a great day too!
Hi there BGM, I really enjoyed your interview with Mary Beard and kudos to you for getting her on your channel. In an era of instant gratification, we need to be aware of the 'big arc of time' that frames our financial experiences. To that end this was an excellent video that helped showcase the big questions we need to address repeatedly, namely , what is money, what is value, what is inflation etc? Thanks for the stimulating discourse.
Cheers! I like to color outside the lines from time to time.
Good Morning Bald Guy Money Hope you're doing well today 🙏👍😊
Yes please make more videos with history. It helps us get a better a perspective. Thank you👍
I think $2000 for gold is solid.
Silver is another matter.
Add another zero.
@@Jody-howlWhy would anyone want to see it that high? I'd move and start panning full time lol
Your best video but I love history. I wonder how many hoards of coins were hid when Hannibal was coming ! Fascinating stuff. Have a great week Bald Guy !
Nice pull BG. I love history and nothing better than the history of coinage. Great video
You know me, BG, I love this stuff. Do more.
I think that what is missing from this discussion is the powerful, objective evidence of the progressive debasement of silver coinage in various periods during the Roman Empire. This is something that future generations will not have as clearly from our time except that we demonetised Gold and silver at various periods which is reminiscent of what happened in Roman times, but much cruder.
In a sense, though, inflation of the money supply now is not totally different - the government still needs to create more money to pay for costly projects (including the military).
Thanks for your feedback Kris! Always appreciated. Thank you so much for watching.
Bought a number of times from Summit; great service. Back to the video, fascinating video with a real expert.
Something a bit different. Thank you for watching.
Link to your 2022 video for value of silver
in ancient romes in description doesn't work.
Amazing video Bald guy. I love watching your videos and you brought in a Roman expert!
Fixed it. Thank you for watching.
I love this discussion and the points and counter-points presented. There are really many lessons we should learn from history, as it is said it tends to repeat itself.
Absolutely superb, looking forward to buying Mary's book...from a shop👍🏼
Brilliant guest - we learn from the past.
Thanks for watching and commenting.
Fascinating segment!
Thanks man! Hope you have a great day.
I appreciate Mary Beard educating me on what life is like in her section of the world and what it was like in Rome. I did have a problem hearing what her answers were to The Bald Guy's questions. :(
I was grateful she made the time to speak to me. A very pleasant person.
That was a great show BG and MaryB!
Thank you!!
Nothing has changed to justify the pull back all the issues are still there. There has not even been major selling of physical gold. The selling was in paper gold positions. There is just an effort to create a narative to encourage gold selling, for the smart it is an opportunity to acquire at a lower price/pull back.
This wasn't a pullback-
It was a Tamp.
Interesting topic. Thank you both. I'll search that book.
Cheers!
The bankers bronze bust looks just like you Bald Guy! 😂
LOL!!!! I hadn't noticed it till you said it. I won't break your finger though.
I like this kind of content BG!
America has one last chance, I reckon. It needs to get back to sound money now, or its fate is virtually a mathematical certainty.
Excellent report 👍👍👍👍👍💯
Thank you very much!
Thanks for another great video. Interesting guest. Now I’m craving a spot of tea…..
Haha I’m making one right now.
Excellent, educational, and enjoyable.
Thank you,
Great guest. Very informative
Thanks for watching.
Interesting episode to a certain degree and I was defiinetly intrigued by the title and what discussion would come from it but I wasn't able to conclude much from the episode. I liked her honest approach to answers. I am 50 50 on if I want to see more like this. Maybe you can try it a few more times and maybe I can give you something better than 50 50.
I appreciate the feedback.
I would like to see the amount of debasement in Roman coinage by era and metals change amount of debasement
in each coin over time.
Very interesting fun video today. Thanks.
Fascinating! Thanks for your hard work Bald Guy.
Thank you for watching.
Love listening to you bald guy. I always get valuable information from you. Not this time.
Outstanding!! Put out more content of this nature.
I shall from time to time. This is my brand. I like doing things others won’t.
Thank you, Roger. By your remarks, I guess she is someone with whom most of us would disagree regarding political perspective. It was nice to see the two of you carry on a thoughtful conversation. Perhaps a guest like David Rogers Webb for one of these more in-depth get togethers? Maybe someone who can bring to the fore an investment idea before it is commonly known. It would have been nice to know about Bitcoin when it was two cents! LOL
Hi BG, i would say the possibility of a US collapse could mirror the fall of the last great Egyptian dynasty.
The Egyptians ambushed and defeated a 'Sea Peoples' that had devastated Mediterranean Empires and city states.
The loss of trading partners caused the Egyptian privileged way of life to decline. Much as the way of life for the US middle class has already done.
Rome lost its power because its miltary were made up of legions created from one country and operationally used in another country.
After a specified period of service and sacrifice, the prize of privilege citizenship and benefits were an incentive, until it wasn't anymore.
Rome imploded. Like the EU is on the cusp of doing.
When the warring tribes were at the city gates of Rome, they gave an ultimatum, give us xxxx amount of gold or we burn Rome.
They couldnt pay and got burned.
When the Athenean Greeks found a rich vein of silver, they had a referendum, share it out or build a navy. They voted to build a Navy, and subsequently defeated the Persians.
So, a lesson from History, be self sufficient, husband limited resources, hope for the best and prepare for the worst.
BTW, American has no excuses, they have the resouces and the manpower, hopefully they've still got the treasure.
Great video, I think I’ll just keep stacking.
I love Mary Beard’s work! Thanks for having her on ❤️🪙❤️
Excellent video! I’d like to see more of these. Thank you!
I found this video highly informative and interesting. Thank You for your efforts.
Glad you enjoyed it!
Special treat indeed.
Thank you.
Stack on.
🇺🇸🇻🇮💱
As Gov. continues to monetize the debt, so does the value of the dollar continues to depreciate. So I heard that gov. also uses crypto to also monetize debt, don't know if that one is true but I would not put it past them.
1.25 playback speed is perfect for Mary.
I kept my "house" in order, the govt. Of the USA is pushing 36trillion dollar debt, the govt we elected can print as much fiat to run govt. I can't, so i have a balanced budget. Take away printing ability and they will also have to balance a budget
Pancakes, coffee and Baldguy
Brilliant and refreshing, thanks baldguy. Question: if i have 50,000 cash should I invest it in real estate, gold, or keep it in a money market account? What would be the best risk/reward? Thank you!
That highly depends what else you have. In vacuum - you only have that to your name. I’d put 20% in gold and the rest on property that I can generate money from. Then I could build equity and use the residue to save more in metals. I am bearish in cash and bonds.
@ I have two investment properties in long term rental agreements and i have my primary residence. I have about 20 oz of gold. And i have 50,000 in a money market account that i cant decide what to do with. I can pay down my current mortgage, i can buy another property, buy more gold, or keep it in a core account earning 5%. Thanks for your feedback!
Must applaud your idea to make the connection with the Roman empire.Remember the eastern part that survived the invasion of the barbaric hordes decided to call in all the silver coinage. It decided to keep the heavy solidus 4,2 grams of pure gold while paying off intruders with lighter ...coinage. Meanwhile daily transactions were done means of brass coinage. There were some silver coinage still.
The last remains of the eastern empire fell in 1462.
Enjoyed the video while I had a spot of tea ochap
cheers!
Bits here and there were interesting, but I feel one would have to be an Ancient Rome historian or afficianado or enthusiast to enjoy this--esp. the length. Have to admit I skipped through much of it, honestly, not in a small part to the length, the guest's staccato speech and repetitiveness mixed with mumblings and many, many ums and ahs. I would think that such a distinguished author would take a public speaking course being that she is probably doing many talks, though it seems that certain countries' people have a higher tolerance for quirky accents and speech patterns. While I'm not against guests being on the show, I DEFINITELY prefer your regular style and content, though I realize that there is only so much that can be presented. But I prefer a focus on what's happening and what you think the reason is and what might likely happen in the future as YOU HAVE BEEN SO ACCURATE SO FAR! This is just my opinion: not intended to offend as I too have my quirks (like being too long-winded)--but just being honest as you asked for our feedback.
I'd like your opinion on this concept: th-cam.com/video/xk-9yOnnOME/w-d-xo.html&ab_channel=WiselyInvest
Fabulous program
Golden rule put an average line trough index chart and it's still way over average. If anything I think there's still room to drop down further.
Let’s see.
Love history thanks to both of you...
please post more content like this
18:00 wow so essentially just like affirm and all the afterpay schemes
History teaches us that we don’t learn from history…
Brilliant!!
very informational video!!
Glad you liked it.
Best Skywalker Ranch questions here and black holes
Haha is there a Chupacabra?
DrillMasterFlash
HI BGM, I loved this content!!! Per your own statement you said the silver to food example was from 2022. I feel that for the food costs today one should consider adding 50%, ie: glass of wine being $12.00, so that would argue that 1oz of silver should be $114.00 per oz. Do you agree? Thanks
Yes Balding let’s get more interviews in Maneco64 next bro 😎
I’m not sure he likes me. 😂
@ Come on BGM you are a likeable guy and your opinions are aligned with Mario JUST DO IT 🫡👍🏾
History is boring. Therefore we are doomed to repeat it.
Hahaha you know what - most people think that, and that's why what you say is true. Bad news is like poetry, nobody wants to hear it.
@baldguymoneyofficial I think you've brought the wrong historian on. Mary Beard is fantastic at Roman History, but she's not a financial historian. I think you should ask someone from the Royal Mint in the UK that was founded in 900AD to understand monetary history.
That's my opinion
Before buying gold consider silver cuz you get 7777percent more precious metal
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I think it really cool that you have a history smart person here I'm learning must everything I was taught was a lie
Mary is great and I am grateful she came on my show.
What a delightful change of pace! More please!
Same people are panicking, they call themselves stackers, sounds more like short term investors. If they are in crypto, they will sh**t their pants, one day swing is like gold or silver annual movements.
Thank you ❤
❤the video!! 👍🏾
I'm only a quarter away through this video but I'm not sure I like this guest.. these questions are not very hard to answer. As far as how wealthy they were all you have to look at is an average day's wage and average rent cost of food. If they're making a dinarius a day and their rent is 10 denarius a month they're not living very well..
Land is not a good investment because you don't control what happens around your land and your property can be devalued because of it. Land is abundant have you traveled the world have you driven across the United States there is literally no scarcity of land. There's a scarcity of wealth preservation tools like physical gold and silver.
I think Europeans in general need to stop underestimating human intelligence You're not smarter than the rest of us We have the internet and we have all the abundance of knowledge at our fingertips .. The idiotic Ponzi scheme of currency is done over and will never be again grow the freak up. Admit the truth and get a real job. sound stable money not currency. God controls the value of money with the scarcity of it in Earth the population and demand it's not up for any group of humans to determine or decide what our money is worth.. weaponizing arbitrageing and manipulating the price of money should be deemed crimes against humanity and all perpetrators wealth should be seized and distributed to the taxpaying citizens that make the system function not the rulers dictators or authoritarians that think they're smarter than everyone else when in reality they're absolute imbeciles that are evil at their core.
I feel dumber having wasted my time watching this
Thanks for clicking and watching some. Also thanks for the feedback.
@baldguymoneyofficial Sorry to be so critical man Love your channel and you normally offer a lot of great information but this guest is a bit too slow for the modern day level of intelligence and information moving at the speed of light.
I appreciate the honesty. Back to my regular content next week.
Wow, the description of Domitian sounds a lot like Biden, we don't know who is really making the decisions.
😆 except he fixed the money…
How do you say I told you so? 👏👏
Haha let’s see. Plenty of time left in the clock. I have all week to verify 😆
Love da bald guy !!!!
Cheers.
In Canadian $, one Bitcoin could buy 34 Oz's of 9999 gold. 🤔
Why on earth would anybody trade real gold for fools gold ?
Rich or poor is the symptom. She seems does NOT understand the fundamentals of preserving wealth-- the CULTURAL, or the value majority of people having-- PRIVATE OWNERSHIP, physical coins are the most immune asset to government or authoritarians.
In extreme cases, even physical coins 🪙 cannot save you when authorities turned to confiscate PRIVATE ownership, like 1935 EO.
In a nutshell, the safest way to preserve wealth is PRIVATE OWNERSHIP where social culture values.
If gold falls below $2530 look out below
Technicals are irrelevant in a rigged market-
Gold will go multiples higher.
@Jody-howl after a market crash in my opinion
Excellent 👍👍
Thank you! Cheers!
What do you think about Warren Buffet exposes bitcoin on you tube.
I haven’t heard anything about that.