This Amount Of Gold & Silver Will Take You Far! This Is Why
ฝัง
- เผยแพร่เมื่อ 7 ก.ย. 2024
- Join the Patreon Community: patreon.com/us...
Check out Summit Metals for all of your Gold & Silver needs:
www.summitmeta...
Check out Alaska Energy Metals
www.alaskaener...
AEMC: TSX.V | AKEMF: US OTCQB
In this video I show you:
- How gold & silver are becoming unaffordable for the average.
- How a small amount of gold & silver can get you on the path to financial protection.
- I reveal gold & silver price targets using an average some of the other models I have put together in the past.
- I answer 2 viewer questions on the topics of how to measure the value of gold & silver after the US Dollar collapses and what the best type of gold & silver to buy is (physical vs. ETFs).
Be sure to watch to the very end because it is full of useful information.
None of this advice - I am not a financial advisor - this is educational material!
Links to Sources:
Gold Price History
www.macrotrend...
Silver Price History
www.macrotrend...
Personal Income Per Capita Data
fred.stlouisfe...
Top 10 Assets Ranked by Market Cap
companiesmarke...
Nasdaq & S&P 500 Charts from Tradingview
www.tradingvie...
www.tradingvie...
Forbes Data
www.forbes.com...
Personal Savings Rates Data
fred.stlouisfe...
US Dollar Value Image
news.bitcoin.c...
Roman Coin Debasement Image
money.visualca...
This video was conducted on behalf of Alaska Energy Metals, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: portal.goldsta...
#silver #gold #silverprice
![🎤 ไปกันต่อออ! จับฉลากร้องเพลง x P’ #XXSIVK [EP.2] (1/2) เพลงของใครจึ้งสุดน้าา 💓🎤 #MXFRUIT](http://i.ytimg.com/vi/mLI_K0sAS4o/mqdefault.jpg)
Join the “Bald Guy Money” Patreon Community for great additional content: www.patreon.com/user?u=85209064
It's only $14.99 a month (10% discount for full year subscribers)!
The internet is no place to brag about how much of anything you have.
Ain't that the truth
LOL..Why...do you think some is going come looking for you.
@@eagletransport act up and get clapped up
When you buy online,they know where it's delivered...
That’s very smart reverse psychology trying to make people think that you don’t have any so you think they’re going to pass you by but the smartest thing to do is just don’t comment👍🏻
IMO - NEVER EVER EVER publically disclose your personal holdings of Gold and Silver ... due to 'confiscation risks of/by an impending severely DESPARATE (and increasingly unethical) government.
2. A *minimum* 10% of your total 'liquid' net worth in privately held physical gold/silver is the historical **time honored** amount to have/hold.
You are very wise and our brother Bald Guy should pin your comment 🤝
10% ? With the way inflation and the dollar is ? 😂 id say a lot more than 10%
That's one of the reasons I like gold so much. It keeps some of my net worth off the books and out of sight of the UK government. It makes me less of a target for the tax man.
I am all in
I'd rather 90% pm's with 10% cash over 90% cash with 10% pm's
My advice on buying precious metals is to buy from a reputable dealer since they want to protect their good names so your likelihood of buying fake silver is much less than buying off of e-bay, or similar sites. Take possession of your purchases. If you don't hold it, you don't own it.
I couldn’t agree with this more!!!!!
Sometimes the online dealers will be dollars cheaper than my physical dealer on some items but having a good business relationship w/ him I am able to get what I need and if he doesnt have it he will call me when he does. For. eg. the A.S.E.'S , their mint fee on top of spot aren't attractive anymore. They are only attractive when they're @ 4$ over spot including mint joke fee .
@@ToddGavin-dp6bk When Silver finally spikes, today's 'fees' above spot aren't going to matter. The bullion dealers need to make money, too, and they take more risks than the average Joe. I'd rather pay a higher premium and KNOW I am buying actual silver than chance buying fakes on Ebay and similar sites. To each their own, I guess?
My advice would be to not buy any more until after the market crash. gold is going to $2080
i hear that a lot but i have bought and sold gold and silver, mostly silver for years on eBay and never had a issue, but most of my stuff is graded. I just bought a tester and have found no fakes
Gold and Silver will always hold value.
Terrible investments
In what?
@@bamahama707 crypto and gold are terrible investments
@@bamahama707return rate as an investment.
You absolutely ROCK. There's literally zero BS with your information & never any wondering if you're accurate because you're so spot on!! As a sahm of three, my husband's single income has provided for our family of five for 11+ years. Preserving the work & energy he's spent providing for us & investing a nice percentage in metals has been such an incredible sense of peace during these economically turbulent times. Self sustainability & living in a wall street economy can be tough. Once the preservation of wealth was equated to God's money & explained to me that way, now everything makes complete sense. God's money will hold its value. Always has always will. 💖
Good Morning Professor, I got 6.6 oz Gold.
I'm not done yet, more gold in my future,God willing.
I Retire in 11 months.
I was lost in the desert for 35 years , don't ask.
God Bless you, keep dropping Knowledge, I'll keep picking it up.
the Lord is with you my friend.
Now you have to tell desert story.
With an un-named horse?
@@joannanoel4757 With a Horse with no name, JESUS bought me out the rain
@@SkywalkerPMs Been thru the Desert with a horse with no name, JESUS bought me out of the Rain.
TRUE STORY
Saw awful hyperinflation recently when I visited Argentina.
Yeah - it’s been bad there. Poor people. It’s not about Gold going to the moon. Those people just want to keep what they have.
You better Come to Türkiye be my guest, we are going worse dolar currency is stable whereas prices are sky rocket
I thought the new president was working on stabilizing the countries currency?
@@chrisblanc663 Its complicated. He devalued to peso but has been trying to stem inflation. When I visited in the 1990s, it was 1 Argentinian Peso to 1 USD. Now it's nearly 1,000..
Wow
Love your content
Would be interesting for next episode you can plot gold price from 1969 to 2024 vs the total US debt, find the correlation coefficient & analyst if it is a reliable indicatior to predict price
Thanks in advance
Great idea!
You always make me feel better about my decision to buy gold and silver 6 years ago. I hope I don’t sell too soon. Won’t ever sell it all but I’m at an age where I’d like to retire. Another great video. Thank you.
Well, hang on to enough to be safe. If that makes sense. A hundred or so ounces of silver in whatever form you want and at least a few ounces of gold maybe platinum instead if you’d rather.
@anna12144 things should get interesting soon so don't sell off yet. I'd wait till uts dure if you have to but it should be Germany 1920s soon enough within a few years, by 2030 digital money will be a thing
@@_echo_off thank you! I’m still working and getting more tired by the day. I am not selling yet, but hoping for a big bump soon to sell some of it and finally relax. Good luck to you as well. I love Bald Guy!
People seem to be down on silver. I think if you have a long term horizon, Silver will increase in value nicely due to industrial demand. Maybe I am wrong but I don't think so. Who out here thinks its still worth stacking silver?
I'm in especially when others don't get it,,,patience and history,,,,
Watch what BRICS does. They've been hoarding Gold AND Silver for years. WHY? Cause they know how the movie ends. Sooooo, do as they do?
Stay Safe. Cheers
I DO.
Industrial demand?, The green do you scam just got ended in America no more subsidies for solar or worthless EVs NOW talk to me about thanks failures and countries back in their currency with precious metals can you got a story
It’s all I can afford, even it’s gotten harder with all the current costs of things to afford.
I went to my awesome local gold and silver guy today & bought a few things. It's not a terrible neighborhood, but make sure you lock your car.
I asked him if he had any security-safety problems and he laughed. He said because he only deals in metals and doesn't do jewelery or pawns, most of the population doesn't want what he has. He said, "Electronics are easy to unload, some jewelery, new clothing, car parts, tools and pot. No one is going to approach you in the parking lot at Walmart selling an ounce of gold. The average person doesn't want what I have because it's too much work."
I have over 400 oz. Silver and 25 oz. Gold and still buying the dips. Thank you for your valuable insights. God bless
I would never brag about my assets online. Uncle Sam is watching and he already robbed the people blind in 1933. Do you really want to tell them how much wealth you have to confiscate if they choose to raid our coffers again?
@@marcyking461 thanks for your comment,it gives me a chance to educate others. In 1933 the government did a voluntary purchase of sovereign gold that is estimated. To have returned 30-35%. I am not bragging about my holdings,I am preparing for the eventual dollar collapse which is closer than you think. I do not have sovereign coins and certainly not of this country. I will not be wiped out by the banks holding cash as that is not voluntary, they own it all now. Please prepare with assets like land ,vegetable gardens, livestock and be completely out of any financial debt. That is what I have done and will continue to do. All the best to you. May God bless and protect you.
Lost all my gold silver and guns while fishing and the boat sank.😉
You should of bought crypto you wouldn't have to work anymore.
@@zmattman1 A tornado took all my silver and guns away
2543oz Ag & 20.75oz AU. With the proper discipline I believe I could get by for about 4+ years if all my other income sources were to fail.
How long have you been stacking if you don’t mind me asking, I’m 50 oz AG 1 oz AU and 1.5 oz PT right now. Started march of this year so I’m happy so far although I wish I could’ve done more
If you moved to a like minded farm, where others were doing the same thing as you, growing their own food, off the grid utility wise, and living in a very conservative area, and you lived in a smaller structure that's cheaper to heat and cool (off grid), you could live on that amount for allot longer.
The solar cost has come down a lot, you can get a prefab house finished inside, at least in my area, for around 10'x24 with a front porch for 12K, figure 25K for a nice solar system, and other goodies wood stove, propane cook setup, etc maybe 10 to 15K to finish it out, 55 - 60K. House/Solar System/Heating/Cooling [composting toilet*] and all you need is a little small piece of land.
There are a lot of people in my circle that would lease/sale/or membership agreement you a piece of land for X amount of BTC/AU/AG.
@@shanejones578 I started January 2020
That’s great! I hear all the finance guys say 3-6 month emergency savings put away. You’ve got that covered plus!
We have very similar stacks! Congrats
$50 silver today is nothing compared $50 silver in the 70s. It would have to be at least $125. IMO.
A little preparedness goes a long way in uncertain times. Thank you as always for sharing your perspective and wisdom!
Agreed, TQS. This is along the lines of "An oz. of prevention beats a lb. of cure". But the term "uncertain times" seems a bit funny to me, as most
times seem uncertain when we are in the middle of what's happening. It's only when we look back on it years later that we get a clearer view.
2008 was a classic case of this, IMO.
7kg (247 oz) of silver or 3 oz (85 g) of gold. Thats sufficient for an individual for a year. If you're the provider in your family multiply by the number of persons in your household.
Good job, I’m in the same situation. Add to that 450# of beans, 450# of rice, 1500 cans of veggies and soups, another 3-400# of various things like noodles, dried eggs, oatmeal, flour, sugar etc etc. 3 forms of water filtration and 2 water supplies.
I could not leave my house for over a year if need be lol
Sultan… good advice. William… you’re set! Being prepared for anything and to be able to sit tight through the roughest part of whatever is coming is the right way to be thinking & spending time & fiat. We’ve got our family’s back!
@@williamsporing1500How many rolls of toilet paper you got for a year of dirty bums mate?
@@dazstone9331 well, the company I retired from sold it commercially, so got that covered too lol
😂😂 ya mabey I’m certain places I’d need 3 times that just to pay bills nothing else included then another 400 oz for food so closed to 1000 oz of silver or 10 oz of gold
7 ounces of gold, 250 ounces of silver, in a four years journey. Going slowly and strongly. Metals are my safety net, after a monthly 10% of my income into 90% VOO and 10% VXUS. Not financial advise, but it has worked wonderfully.
20 ounces of gold 70 ounces of silver. However, I'm a bit reluctant to stack too much silver because when it goes down, it tends to go down a lot more than Gold. There's no reason why silver couldn't lose 1/2 of its current value. It has in the past - even 80%. Gold will retain at least 60-70% of its value in the event of a crash, so you can't lose too much.
@@idesigncentral7855100%, that’s why I have stopped buying silver after reaching my 250oz target. The 7oz of gold came after that, and I will continue until I meet my gold target. The day I complete 50oz of gold, I’ll stop for good.
but you probably bought all 70oz for less than 1oz of gold, so there's that, and bartering with silver is so much easier unless your trading gold for major purchases.
1.85 g
81 silver
I've got 250 ozs silver and 7.5 ozs gold (all in British coins, Britannias and Sovereigns) and reckon that would keep me going for a year here in the UK in an emergency.
Have you checked your Britannicas? At least 30 of mine have the milky issue and royal mint dont care.
@@jamesbinderman5626silver is silver, if it’s .999 fine and minted by them they sold you the product they described.
@@jamesbinderman5626some American eagles have the same “problem” I have a few. Doesn’t bother me
@@jamesbinderman5626 I haven't noticed any obvious milky signs on any of my silver Britannias. I've got some extra coins from when I used to collect coins rather than stack coins and a couple of Mexican Libertads have been milky and a Proof Queen coin (from their rock-stars collection) had a fault (which I returned).
I have 9 oz of gold but only 25 oz of silver, silver is just too heavy
Due to geopolitical realities that affects the market prices, if gold moves it will probably move quickly. The fact that gold is already out of the price range of most average people silver will be the alternative as it is still affordable but will probably start moving very quickly also. Difficult to see how they will stabilise the fiat system, currency will not totally crash but may lose much of their value.
“A rising Gold price is an indication of a failing fiat currency.” - Lynette Zhang of ITM trading
“All fiat currencies eventually collapse”
- Alasdair Macloud
@@davidmmm8 Well let's hope that does not happen as a collapsed fiat currency especially in major economies will mean terrible upheavals. Let us agree that we don't want that.
Good idea to have both gold and silver. I may need to keep the silver for a bit longer to get the benefit of what will happen when it is scarce and difficult to mine but the gold helps me sleep at night.
5 ounces of Gold. 1250 ounces of silver in various forms
4 oz of Gold 1100 oz of silver... I'm looking to pass. Better get more !
wow, that is awesome sir!!!!
Cool, where do you live?
6 oz gold 500 oz silver here. Taken me about 10 years to get to this point buying a little at a time. It takes a lot of patience which I normally don't have.
@@jkly495Yeah, unless he lives in a mansion or something. 😵💫🤓
BG. Careful with nickel. BHP and Fortescue didn't close their nickle divisions in the past week or so out of boredom.
Correct no shotage of nickel worldwide
Also Sir , I tell you, I had 278 oz of silver.
It was very very hard to sell to dealers and get a fair price.
Market saturation, every grandma and grandpa is out.
So I jumped ship to Gold .
Yep, me too, I have a little silver, but like a lot of gold...and small fiat bills and coins
That is why I won’t get big stuff. I only buy gold as goldbacks. That way I never have to talk to a coin dealer, just directly person to person.
Bullion dealers usually buy back.
Silver is a farce skip it!!!! Waste of time and money. I regret stacking for the last 15-20 year. I might break even.
@@edwardtstrenk1388 I only use a few coins for making colloidal silver solution.
Excellent report thank you sir 🤠 thumbs up 👍👍👍👍👍👍😎 I am still stacking it is on sale😊🎉❤
Thank you!
This video is the most compelling argument to stack gold and silver that I’ve seen.
So far:
-0.48 t- sorry 0.48 oz G
20 oz S
+some DigiGold and silver (allocated)
Need to try and buy more physical!
Cheers! Thanks for watching.
RULE #1: Never tell anyone how much you have or that you have any at all...
Thanks Bald Guy! You’re awesome! 🎉
You too!
A few Thousand oz Of silver, platinum, gold and I have OCMD (Obsessive Compulsive Metals Disorder)...and I lost it all and my guns in a boating accident. Can't remember the lake? Bay? Ocean? Was I on a sub? Can't remember...
Lol how strange happen to me as well 😉👍
sorry bout that.
@@davidpaul2914 sorry to you too.that sucks
I think it was when you were visiting us on our sailboat when we broached and we both lost a bunch of stuff overboard. Water depth was 780 feet.
@@Pelican5077 Thanks that helps me narrow down...
People are always turned away by the premiums but you could look into goldbacks. They are fungible and can be purchased in small denominations. The smaller you go, the higher the premium even in coins. I would argue goldbacks have more utility. You are not going to buy your coffee and eggs with a 1oz coin, not even a half ounce. How does the merchant make change. Junk silver(pre1964 90% silver coins), 1oz coins/bars and goldbacks for everyday transactions.
Also, after the Crowdstrike incident we need to fight an all digital money system AND the all digital identification system. Physical and anonymous must remain an option.
Let me ask the @thecommander2616 question in a different way. When the dollar collapses, what will a one-ounce US Gold Eagle .999 be able to purchase? A single chicken wing, a whole chicken, or a whole chicken farm? Whether it's a .999 Gold ounce, a .999 Silver ounce, or a 90% US junk silver coin 1964 or older, how will people know the purchasing power of what they are holding? Will it just be bartering each time you want something to buy or what? Any information would be greatly appreciated!
Hello mate 🤝 you're kind of looking at it wrong imo, if we get to a point where we are back to bartering with gold/silver, then that's a madmax style world. Fiat currency ( dollar/pounds or whatever) will always be around even during a crash/crisis. The real question you should be thinking is not how much chicken your gold will get you, but rather how much Fiat that is used at the time/place will you be able to get for your gold. Then you'll be able to go and get what you need for you and your family with that Fiat, as that's what the masses use and recognise where ever you find yourself 👍 hope that makes sense mate and hope you're well today 🤝 have a good one 🍻
@@luke.k1. Also, he needs to look @ it as trading in the fiat dollars for a real tangible hard asset commodity;SILVER/GOLD/PLATINUM
Should the dollar collapse, ALL fiat currencies will collapse as the dollar is the reserve currency and all other fiat currencies are derivatives of the dollar. There are no currencies in the world (ATM) that have intrinsic value therefore they will all return to zero and nobody will trust any form of paper "money" to trade for anything tangible.
People learn very quickly what has value, especially if their survival depends on it.
The free market will dictate the value, so it will depend on how eager they are for your silver and how desperate you are for their chicken?
There is no definitive answer but I heard that during the hyperinflation in Venezuela 1oz silver could feed a family for a month and 1oz of gold could buy a modest home. Bearing in mind that Venezuela is a relatively poor country by western standards and you may have increase that to x2 or x3, it could still give you a "ball park" starting point?
@@luke.k1. Hello mate, you're kind of looking at it wrong. For several years now in Venezuela they have been bartering with gold and silver, and it's not a "mad max" situation, at least not yet.
@hottuna7 hello mate 🤝 hope you're well today? When I say madmax I don't mean it literally. Venezuela is abit of an odd case, it's very rich in natural resources so that doesnt suprise me that they barter with gold, I remember hearing a story of how petrol station workers would swap a full tank of fuel for a cigarette lol. It is also a prime example of how socialism can run a country into the ground. They went from one of the richest countries in the world to one of the poorest in less than 100 years. I wouldn't want to live there anyway mate not sure about yourself, that's my idea of society breaking down and becoming lawless, almost madmax like if you will. I know not all places are like that there but you get what I'm trying to say. Anyway hope you have a good day ahead bud 🤝🫡
Gold and silver next to other things in the market place is still dirt cheap and it shouldn't be dirt cheap. Compare world debt to real ounces of gold or silver and current prices are dirt cheap to the point of being a fiction. In fact existing market prices imply a massive collapse in debt and fiat currency in terms of quantity due to debt default and currency recalls. Can you say big time deflation?
Yes please continue to answer subscribers questions, thank you.
I have been testing the acceptability of trying to pay with silver and so far no seller is interested. Its cash or credit card only. This might change when SHTF but right now there are no takers.
Yeah - it’s more a store of wealth than medium of exchange. And I’m ok with that.
It will never come back as transactional money. Businesses themselves don't want to deal with the fakes, the purity/weight verification, storage, protection, insurance, transport. They are looking to get completely out of any form of physical money (not just precious metals). Way safer to just accept digital/electronic forms of payment. It's already happening. Look at the huge increase in self check out stations. No cash, only electronic. It will be easy to shift this society to full digital.
@@gregorygreene1940 Hyperinflation could accelerate at an exponential rate in a full digital system. It is an ideal tool for the last desperate attempt to own everything.
@@gregorygreene1940 Convenience is only convenient when prices are not hyperinflating. We're not there yet. Even digital has to have a real physical counterpart or it is meaningless numbers.
When central banks are buying or repatriating gold, you know the con is almost done with current fiat currencies. In terms of what you'll be able to swap an ounce of gold for, in hyperinflation, nobody will sell you an ounce for any amount of the bad currency.
Over 500 oz silver and 3 oz gold. Newest addition $5.00 face value 90% silver Proof state quarters.
Lot of silver
Fine update as always. The masses simply do not understand the dangers of "The Debt" and do not fully grasp the wisdom of holding gold and silver for wealth preservation. I am 100 oz gold and 6500 oz of silver and have no plan stopping. "Peace of mind" has no price.
WOW 😮
you have enough. Do you have all the other stuff? Ammo, water, food, neighbors u get along with, etc?
And the government isn’t looking to teach anyone about the dangers of debt.
Oh, please don’t TELL people that! That’s an awful lot, congrats, but seriously that could temp some bad people.
Great Video BG, insightful analysis... Thanks for all you do.
When I buy silver, I buy 1970's one oz art bars. USSC, Madison Mint, Death Valley Mint, Mother Lode, CEECO, etc. My "bullion" goal was reached a year ago, so then I switched to rare art bars. I also picked up the Archie Kidd 5th addition Guide Book of Silver art bars. This book is a must for art bar enthusiasts. A guy told me they made around 45,000 different art bars in the 70's...thats insane! The book has pictures and production numbers.
I like the art bars, I think they are cool......My favorite is the "Watrgate Bug".
@@cb750k1974 My favorite is the USSC "3rd Party Movement" aka the JAWS bar
While you touched on this subject recently, any thoughts on the US government, under-the-radar, buying gold? Of course, if it was occurring and was public knowledge, it would go against the broader interests of the Treasury (protecting the value of the dollar in the short term and treasury bond investments) - but one could wonder, through various “black hole” budgets at the DoD, etc., if the US is allocating some resources to increase the ratio of gold to the M2 money supply, in the event of a structural crisis involving the fiat dollar.
Would you ever do any videos on ancient roman history relative to gold and silver? Sounds very interesting to me.
I can and I will. I have a huge guest planned for later this year.
Mr T had a lot of gold chains, i would assume that they would be worth a lot of money today, maybe they were fake i don't know, it would be cool to own a bunch of silver chains and and wear them
Not a question but a comment.
There IS counterparty risk with Precious Metals if when you go to exchange them or trade them the other party does not want to, or will not, give you its official stated value or spot price. Granted that is an outlier situation such as an shtf scenario. In that situation one is much better served having things that people want or need rather than a medium of exchange.
Structure is important.
As long as "the system" is intact then gold and silver retain their "market value."
Possibly, but really a complex society is not going to function well with barter. Currency will be in demand, it must, especially for distance exchanges. However, in a collapse scenario, not one takes fiat currency, but will recognize the intrinsic value of precious metals. The ability to “have *all* things” that people want (barter goods) seems problematic as well. Perhaps the best is to have some of both, precious metals and some barter goods which you may need as well.
Please do a video about the correlation between personal responsibility and the debasement of currency through out history
Always interesting and informative. Thank you
Thanks BGM!😎
Nice video,like the content and how you put it together.Keep it GOD BLESS YOU SIR
Thank you!
Lots of good stuff Bald Guy. Its always fascinating hearing about these topics. I just been refining my stack I sold off some stuff that doesnt conform to anything like sterling scraps, jewelry etc. Now I can buy more of .999 and the stuff thats easier to trade.
Great content. To me the best of current info on the metals market and changes with accurate information. Keep up the good work. There for I subscribed. 😊
Thanks Jason! I appreciate those kind words.
1500 s and 0 g.
10,000 ounces of silver and 1,000 ounces of gold.
….is the stack I’m working to build.
😮
Sounds like a coin shop.
Sounds like a million dollar stack ❤ good luck 👍 &suneeboy
Good luck😂
@@undergroundmetals498more like 2.6 but he’s prolly full of shit to his eyes
I just sold $1200 worth of silver to help pay for my first 1 oz of gold. I plan on repeating this process as a budget friendly way to stack up.
You have a connection to Rob finds treasure channel as you both have the same sponsor in videos published at the same time. I think nickel and copper are the up and coming metals as they are both needed for industrial manufacturing. Nice new pad!
Any finance/pm channel has that sponsor at least today. I personally find it a little uncomfortable as last your was uranium, then copper, now nickel? How have the previous ones panned out? Do all the
Channels actually own stock? Or just sponsored by them?
When lopking out for number one, suppliment your peripherals with allies
400 s 20 g
That’s a lot!
Wow! Congrats!
GOLD 10X on the way folks
Hi Curly, re: Rome, maybe its too off topic. Can you do a talk about the difference between the culture of the Republic and the Empire? How important was personal responsibility in those days? Thank you. Larry and Moe sent me.
I’ve got a huge surprise coming in that direction - huuuuuge! Stay tuned.
I will never tell. 😁
Lost it all in a boating accident, along with all my guns and ammo. Darn.
@@chadhatter accidents happen.....😉
Same, I don't want to get robbed
Best answer.
Question: if the US dollar declines due to Brics not using petroleum dollars and swift, will gold increase due to the dollar declining or maintain the same value to the other currencies?
1973 was 113 oz of gold... Woah. 1980 was 17 oz. Again, woah! Is there such a thing as a family pooling cash together to buy precious metals? Would that be a good or terrible idea?
Yes, I like the idea of having a couple of questions answered in your future videos, thanks
Awesome as usual
Thank you!☺️
BGM, as usual, on point and accurate. I am pleased to hear you say 1oz/Au, 50oz/Ag. Why? Because it harps back to my questions: "Had you bought 50 BTCs at $100...would they be of any help right now?" Dang right they would! So here's the second question: "WHO predicted in the year before that BTC would hit $70K??" And third one: "WHO knows where Silver can end up?"
Play the GSR. CRIMEX is at 75 to 1 and Keith Neumeyer is mining at 7 to 1 right now!!! Stack baby stack!! Stay Safe. Sh1t's gonna get crazier. Cheers
Well put!! Cheers!
%100 ! Gold ,silver physical only some platinum !
Kia ora ( health one and all)from New Zealand. Thanks for your help, information and research. New stacker and subscriber. I’m native Māori 53, 5 kids at home 2 work and contribute and the missus working. $ 4011 nz spot = approximately 3wks income at 50 hrs per wk for me. Roughly 25-35% over spot on both metals with dealers. With 10oz silver $500 cash and $250 towards an oz of gold I have made a start since June 1st. I could liquidate the Gibson and 10/22 but they’ve been with me for yrs( usa! usa!) I’m not worried about disclosing this info to the world coz it already knows. Noho ora mai ( stay well you and yours)
Is it ok to simply but SLV on the markets? Instead of buying physical gold/silver?
1200 Silver
6oz gold
Have fun sitting there watching it go sideways for a decade. Id mych rather buy crypto and watch 10x gains every few years
Ag/Au are NOT investment tools. They are there to PRESERVE wealth.
@@SilvercontainedI wonder who will have the last laugh….. should come back in 5 years time and see.
@@jacc88888 bitcoin will be over 1.million by then. Silver might be 50.
The disheartening aspect of the 1980 comparison is if I bought an ounce of gold back then at $850 and silver at $50 I'm way down in value in 2024 when inflation adjusted. If I spent that money on a mutual fund with the DOW at 963 in 1980 I'd be way, way up in value even when inflation adjusted. Thank god I put my money (and matching employer funds) in a diversified 403B back then. I don't even want to think about the amount of money I would have left on the table if I just did precious metals.
😂😢😮😅
Hi Bald Guy ! Your videos keep getting better and better .
Thanks Mark!!
I haven't bought gold in over a year, I've been buying platinum instead. Gold is getting more expensive and platinum is still cheap.
I am admittedly a platinum bear, but I wish you all the best!
Alaska Energy Metals Corp AEMC
$0.280
0.135 |
93.10%
Volume: 11,337,553
CAD | TSXV | DELAYED | MARKET CLOSED | JULY 22, 2024 03:59:00 PM EDT
The volume in previous days was close to "0". Incredible !!
This is how some companies that get ignored attract money. Mining isn't a sexy industry - small players don't get much attention and when they need cash, it's hard to raise it.
Hi bald guy! It was was totally surprising that you chose my question to answer in your next video. Thanks for very kind introduction and answer!
I would be very pleased if you tell about your miners/royalties portfolio in the next video. Which ones are your favorites, timing to buy, etc. Best regards 🙋🏻♂️
It was my pleasure to answer your question brother!
Really good teaching, the graphics are worth a 1000 words. Thanks again
Could you explain the process to buy stock to a new investor. Particularly the AEMC stock.
I don’t understand why anyone would publicly announce how much gold and silver they hold. The government monitors these videos you know
I lost mine in a boating accident 🙁
@G.MONEY.WISDOM Due to pride, arrogance and greed. Some stackers have the wrong mindset.
I guy once posted that he tried to pay his property taxes with gold. Those government employees have your property address.?!
Please keep answering good questions.
Will do!
Hey Baldie, it could be a currency conversion or I think it could also be a conversion from FRN to US bonds as what was done with the Continental currency in the late 1700’s.
Stop withe miners please! I LOST THOUSANDS OF DOLLARS WITH GLDG AND BLUE LAGOON INC. They are all pump and dumps in my opinion and experience.
I have owned GLDG since I made a video about them and am up. It’s all a matter of when you buy. My entire portfolio is available on my Patreon to see. They still have a big move up left in them.
@@baldguymoneyofficialplease do not lead people into false investments just because you made money. You are sounding like the Bitcoin pumpers.
I own Bitcoin too! Told my Patreon community I was buying more at $25k and to follow me in if they wanted exposure. None of what I do here is advice - I openly share what I am doing and what you do is your choice. Like I said - I share everything transparently on Patreon and there is a reason I am growing there too. Just saying.
And let extend the olive branch - if there is something I said you don’t like or agree with - drop the exact quote in the comments section and I will reply. I am not censoring people here like other channels do.
Did these TH-camrs buy the stock in your name with your money or was that a decision you made yourself?
I enjoy the weekly episodes. Can’t think of any improvement it needs ✌️🙏
Thank you Seymour.
I like the Q & A part of the video. I think it will be very helpful.
Cheers!
A 1/4 oz gold coin question, please. Presently my budget allows me to buy 1/4, oz's, I am aware of the premiums vs 1ozers, but I always see the 1/4oz gold British Tutor coins at $30+ lower than other 1/4ozers like AGE, Maple, Britannia, etc...I haven’t collected the quarter ounce gold tutor coins in the past, but they are at such a great price being a 1/4oz that it’s frustrating vs buying a more expensive 1/4 gold ones. In your opinion, would you buy these because of the lower price? And why or why not, thank you!!
Bald guy here. Gold and silver guy too. 7oz gold and 400oz silver right now and counting. Bought most the gold at 1700-1800. Average silver cost when I bought was $25. So I'm up on both nicely.
Very nice - these pullbacks are great times to nibble on metals a bit. By the end of the year I am expecting to see stronger moves up as rate cuts start.
@@baldguymoneyofficial Yup exactly what I’m doing. Enjoying your work and videos in this as well!
120 ozs. of Gold /16,650 ozs. of Silver. And now all my efforts are in Gardening/Raising chickens/& creating a UPS System. 15,300 watts of Grid Tied Solar. And a 2400 AH Battery Bank for daily use. And currently building a 16’x20’ Root Cellar. All of my refrigeration will be underground on its own Solar Battery System.
Remember Thermal Optics for Midnight Marauders. I worked my entire life to reach this point in time. I intend to preserve it vigorously.
I have made it no secret I am heavier gold in USD terms because I like the stability. Impressive stack though Mac! Wishing you health to go along with it.
How do you know your getting a fair price for an ancient Roman coin?
It’s so hard to know. You have to observe the market and see what people are paying - specifically at auction.
On physical metals, I definitely prefer gold. The silver I have is for barter ability in the event of a total fiat crash. On silver I prefer to hold PSLV or CEF units as they can immediately be converted to fiat when needed.
I don't even bother with PSLV as I don't care about physical. I'm only interested in buying low and selling high. Simple math. No premiums, no fakes, no nefarious coin dealers, no excuses about cash flow when it comes time to sell, just click the buy or sell button. Did the same with Bitcoin. Have no real interest in it but I'm willing to buy low, sell high with the IBIT ETF.
As gold and silver rise, the value of your 'currency' falls. Gold and silver are a good way to retain the value, but you don't really 'make' much on top unless 'trading' it with leverage (which is not advisable for anything because it is so risky).
I understand you are about gold and silver and nickel... But, can you do a video concerning copper, brass and nickel, and where the stability of it compares to gold and silver... for those who are not able to afford silver?
I have done one - but I can cover the topic again.
So what’s the magic number or does it drastically vary from person to person
Definitely varies - 1 oz of gold and 50 oz silver is more than people give it credit for being. I always say to set a minimum target at 5 is gold and 200 oz silver.
@@baldguymoneyofficialas a lifetime goal?
Got 3 times my body weight in silver
22 kilograms of Gold, and 2 ounces of Silver?
Hahahaha not quite that much - but that’s a good number.
! What?! Holy cow! Don’t TELL people that!
I have a traunch of cash in coins and small bills in case things shut down, that way I don't have to spend my silver or gold in an emergency. People will definitely accept cash and coins because nothing else will be working and people really don't "get" bitcoins, silver and gold, yet. yet. They won't know what a silver or gold coin is, and even if they do, they may not accept it, and even if they do, they may know how to value it. So, lotsa small bills and tons of coins.
Intresting analysis - supports my point of view. Like your analyticity!
Cheers!
Also keep in mind the number of gold and silver doesnt mean anything its the purchase power it holds, you arent getting rich youre stopping the bleeding. Qhen things reset and you can buy a house sure but otherwise the nubers going up is just the value( purchasing power) of the dollar going down
Can you make a movie with ISO Standard 20022? Czy dasz radę nagrać film o standardzie ISO 20022, który ma zastąpić obecny globalny system płatności? Jakie kryptowaluty będą zintegrowane w ramach tego standardu płatności?
Hey BALD GUY , I'm Lovin your fans, and I'm diggin this Metals Community.
1 BIG POOL OF KNOWLEDGE AND IDEAS.
ITS GROOVY MAN.
THATS HOW MUCH I LIKE IT , I WENT WAY BACK.
Hey Vince! Great to see you in the comments again. Good vibes only here. Wishing you a great day.
I think a thought experiment is in order: Will Gold and Silver be worth less when the US Debt hits 40 trillion, 50 trillion, 60 trillion? What would make anyone sell with debt levels soaring? Always take the long view as the debt only increases over time from here. Any market selling in the Gold and Silver markets can't be sustain as the debt in a few years will always be larger than it is today. Ignore a down turn as any down turn in the Gold and Silver market are short lived relative to the conversation that occurs as each year goes by. Perhaps someday in the distant distant future the picture will change but for now why would you sell when 40 trillion in debt is just around the corner and 10 trillion more are to come on the top of that in the blink of an eye?
I have to add, if you have owned Gold and Silver all these years when the debt was small and relatively under control why sell now? Why not wait till it is 50 trillion or 70 trillion? The conversation about what value is will be a lot different at those levels of debt. Right now we are just in early stages when people are starting to get nervous about the big picture. Panic and chaos has not set in based on the debt yet imagine the thoughts and processes for people when it reaches 70 trillion. This is just series of waves that grown darker and larger over time.
where do you go to buy into Alaska Energy Metals? I am struggling to figure this out? I am newer to investing, but the places I normally go do not have this.
Let me try to answer the 1st. question maybe a bit plainer if not just better, 🙃. A while back I got me a 20 gram bar of gold, because the price was right, & it is the same size as the 1 oz (but not as thick), & it is a nice bar that I though I could maybe use for a necklace..... anyways I thought for the price I paid for it I could buy a reasonable recliner (sofa chair) like the one I use. Ok that was at the time maybe around $1,252.69 (US). Now that bar is selling for $1,623.60 & I'm sure I could buy the same type recliner. But lets say that the dollar fall's to zero,,,,, well I think the guy making the recliner would still trade me the recliner for my 20 gram gold bar. Now there are factors that might make the not quite true, like maybe labor is dirt cheep at that time, so he might sell/trade it to me for less gold, or maybe labor & material is harder to get so he might one more gold. But nevertheless almost for sure he'll make me a deal. Or I could sell my gold for the new currency & then more or less buy the recliner for the amount of new currency I could get for my 20 gram gold bar. Lots of factors involved here but this is the way I think of it overall. Now in saying all this,.... back in the 1980 I bought a bicycle for 100 dollars (made in the USA) & I thought it was the best deal I'd ever get, but 30 years later the bike cost the same price because it was outsourced to China. So the point is sometimes things outside of the value of gold will make gold buy more or less of what you want.
Guaranteed liquidity position is key… both contractual guarantee to leverage (whole life insurance) and precious metals (hedge with ready market). 100% of my household income is capitalized in some combination of these two capital assets. Those assets are then collateralized and leveraged for investments, primarily real estate. Accepting absolutely ZERO stock market downside risk at these levels; trading against volatility, but holding nada on stock market long-term pending substantial correction.
Good stuff - thx! But what I can't get: Why has the Dollar lost so much during the Bretton Woods agreement mid 40ties till 71? Gold should stabilize fiat-money - but there is no visible difference in decline!
Hi Robert - the dollar loses value mainly through expansion of the money supply. Gold supply grows at 2% or less according to some estimates - money supply has grown much quicker than that.
Fact: inflation is a direct result of the government printing more money; they are literally *inflating* the money supply. Therefore "inflation" is an intentional act by the gov't. to tax the people *without* the people (generally speaking) understanding why.
If you go to the FRED webpage, you'll see that the gov't. admits that the dollar has lost 97% of it's purchasing power. What you won't see is them admitting why that has happened: INFLATION!