What Lies Ahead For Gold & Silver Could Be HUGE And This is Why!
ฝัง
- เผยแพร่เมื่อ 14 พ.ค. 2024
- #gold #silver #money
ruagold.com
CSE: RUA
OTC: NZAUF
If you are looking to sell silver please email: byb@backyardbullion.com
If you want to sign up to our newsletter please email byb@backyardbullion.com
Want to be a guest speaker? Email: byb@backyardbullion.com
Giveaway entry for 10 oz bar: www.thesilverforum.com/raffle...
Disclaimer
This video was conducted on behalf of RUA Gold Corp, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: portal.goldstandardir.com/dis...
Welcome to the intriguing world of gold and silver investing! Have you ever found yourself captivated by the shimmering allure of these precious metals? If so, you're not alone. Join me on a journey as we explore the multifaceted reasons behind why we buy gold and silver.
For me, stacking silver and gold began as a hobby, a fascination with the tangible beauty of these timeless assets. As I started delving deeper into the world of precious metals, my motivations evolved. What started as a hobby soon transformed into a means of financial security and wealth preservation.
Over time, my outlook on gold and silver investing has shifted. Initially driven by the desire to acquire shiny coins and bars, I began to appreciate the historical significance and intrinsic value of these metals. Gold and silver have stood the test of time as reliable stores of wealth, unaffected by the fluctuations of fiat currencies and economic uncertainties.
But it's not just about financial security. Investing in gold and silver has also become a way for me to diversify my portfolio and protect against inflation. In a world of constant change and uncertainty, having a tangible asset like gold and silver provides a sense of stability and peace of mind.
Moreover, there's a certain satisfaction that comes with holding physical gold and silver in your hands. It's a tangible reminder of the value of hard work and prudent financial planning. Each coin or bar tells a story, whether it's a piece of history or a symbol of hope for the future.
As I continue to stack silver and gold, my reasons for doing so have become deeply personal. It's not just about financial gain, but also about preserving wealth for future generations and leaving a legacy of stability and security.
So, why do we buy gold and silver? The reasons are as diverse as the individuals who invest in them. Whether it's for financial security, portfolio diversification, or simply the joy of owning something beautiful and valuable, gold and silver hold a special place in the hearts and portfolios of many.
Join me as we delve into the fascinating world of gold and silver investing, and discover why these precious metals continue to captivate us generation after generation. Don't miss out on uncovering the timeless allure of gold and silver! 🌟 #Gold #Silver #Investing #PreciousMetals
To support my channel, please consider purchasing our silver or gold products: backyardbullion.com/product-c...
Join my newsletter by emailing: byb@backyardbullion.com
Looking to sell your gold and silver?
Get in touch - byb@backyardbullion.com
backyardbullion.com/product-c...
Join the channel and show your support by becoming a BYB Rambling society member today!
th-cam.com/users/backyardbulli...
If you would like to support our channel please consider purchasing our T-shirts please visit this link:
teespring.com/en-GB/new-byb-h...
or have a look at our website:
backyardbullion.com/product-c...
Stay safe, stay healthy all.
Thanks also to the channel sponsor The Silver Forum!
thesilverforum.com/
A 4k Camera & close ups of coins! What more can you want!?
What do you think? Comment below!
Comments welcome below or email me at byb@backyardbullion.com
Follow me on Instagram: @ BackyardBullion
backyardbullion
Thanks for watching and I will see you next time!
Topics covered in this video:
banking, finance, gold, silver, precious metals, cash, wealth preservation, economic uncertainty, financial independence, store of value, means of exchange, alternative finance, bank withdrawal, financial strategies, personal finance, financial system, economic trends, global economy, investment, asset allocation, monetary policy, inflation, deflation, wealth management, fiat currency, currency devaluation, financial education, financial literacy, monetary history, financial freedom, financial planning, asset protection. - บันเทิง
At the beginning of the video you say Silver hasn't gone up the same way as Gold has. Over the last 3 months, silver has out performed Gold, 23% rise compared with 18% for Gold.
Gold at £1882 as I type. I think gold is going to be 'forced' upwards by China and Russia. Silver will be dragged along for the ride.
India is buying silver as though there was no tomorrow. And with the monetisation of gold and silver in the Brics nations. along with oil, the artificial price depression of the commodities will have to change.
Remember when you said it wouldnt happen lol
Even with a few man made interruptions, your garden sounds lovely. Cheers and enjoy a coffee or tea before your next video!
Thank you kindly!
First buy of silver about a month ago. Silver was around 28. Soon as I buy, dropped nearly to 25. Finally get another check to buy more. Then it's 29. This new hobby is messing with my feelings 😵💫
Silver is a roller coaster ride that's for sure.
Silver has up n downs but over time look has long term gains.
For example when I started to now, it grew double, meaning the strength in currencies dropped overtime.
Buy the dips and deals. Good luck 👍
In 40 years do you think it will matter? Or will it matter how many oz’s you have
Keep dollar cost averaging your purchases as you get paid regularly and you will do great in the long term!
Very helpful! Thank you bro 🤙🏼
I don’t see fiat surviving in a gold backed world.. metal rich money poor
The metals are the money, fiat currency is not money, it's currency. They're not the same
people have said that for the past 70 years, it isn't happening.
@@saullyons for one it hasn't been 70 years floating in the market, obviously you don't do your homework or you don't pay attention, secondly, the manipulation and the paper Market cannot last forever because the physical Market is booming to a point that when people realize that the lack of allocation exists in these exchange reserves, there will be a massive change in the price
@@drip369 gold has the same value as paper for a reason, because people want it too. you can keep doom mongering but the dollar isnt going anywere, I am more than happy to wager if you want?
@@saullyons I'm not Doom Mongering, there's this concept called reality that exists; it sounds like you need to get out of the echo chamber. There is no value to paper currencies, it's forced upon us so it has utility but it still has no inherent value. That's why it's called the currency and not money. It doesn't fit the true definition of money and yes they will fight tooth and nail to keep it in place but it won't be made out of paper if they get what they want yet it will still have no value and only utility which will be the only reason it has demand. I think you need to take an economics history class to learn the difference between value and price
Thank you for the episode
If there's more problems in the middle east and oil goes up, mining cost goes up and metal goes up. Maybe an upside to these wars ?
Silver is breaking out and in a good position to take a run at US$31.50 but I anticipate a slight pull back around $30.50 first. I can see it ending the week around $31 and then spending a week trying to break above $31.75. If it can close above $31.75, there is a good chance of $35. Of course silver could fail to break through and fall back a couple of bucks to somewhere between $28 and $29.
Great video! 👍 It feels like we are on the cusp. Silver is the most undervalued asset on the planet at this moment in time. Miners are also worth a cheeky punt (not advice, just my brain talking)
Still think Gold will be used as a fiat/CBDC backing. The real price of Gold should in all fairness be significantly higher based on current basic supply and demand factors.
The same principle applies even more to Silver and as mining has dropped, then the Gold/Silver ratio should massively drop. Unfortunately, massive manipulation sees otherwise but for how much longer can these financial institutions rig the market??!!
If the USD was pegged to Gold stocks, Gold would be trading at a million dollars per ounce. Welcome to the world of PONZI.
Go RUA! Mine that Au and Ag!
Those damn planes and neighbours 😂🤣
Existing it is, I just dont know wether to buy or not.
👍Great advice, ✈️😂
Excellent Video 👏
Thank you very much!
I think what you're thinking of is the original USD gold to silver ratio (legal tender), about 15 / 1
Audio sounds splendid.
According to the measure I use to try to gauge the fair value of gold (based off of global nominal GDP), gold is about 12% overvalued in dollar-terms. Considering the average GSR since the mid 1980's of 70:1, silver basically is fairly valued.
Very much enjoy the normal background noise, by the way.
Price of Silver and Gold will continue to increase while the US and UK governments continue to debase their own currencies.
Hi B.B ..Is there any up and coming Coin Shows coming up ..
Hey bb
If the silver to gold ratio closes to 40 - 1 my remaining silver could swap out for a few sovereigns, but I like my silver bars and coins that are displayed on trays looking absolutely magnificent.
My ratio of personal stg ratio is 3- 1 and that seems a beautiful balance.
Gold is the thing to invest in. Issues with a potential war and also China will push prices even higher
interesting thoughts... if gold bullion is going up to £2000 an ounce where does that put companies like the Royal mint with the proof coins they produce and also collectors where the spot value is now higher than the RRP they paid for the proof coin ??????
Gold not going down both going up enough already
Silver is going up... but a snails pace. It just seems that it will keep a ratio of 80-90:1 which means gold goes up and silver dragged stubbornly with it. I said gold at $2470 and silver at $78 in 2035, but it looks like gold $4850 and silver at $68 in 2032. Wild guess.
Very beautiful bar Backyard Bullion. I've never been able to invest in Silver or Gold being on a fixed income it's always been so hard. Also half my life I've lived in a nursing home . But I've always wanted to.
Can’t save 10$ or 20$ a month?
ffs where do you live, Heathrow? lol, better than the sound of the city,,, sirens all day.
£25 by the end of the year. £30 by 2027. Approaching £50 per oz by 2030 IMO
Just love your plane sounds. You should move to a quieter spot. lol.
Literally we dont get any and 3 come along at once!
First
Metals wont save you when the economy collapses. This isnt the Middle ages. When push comes to shove that bar of gold wont buy you much when we are in a food shortage crisis. The next Bitcoin may well be potatoes.
Poor way to express your thoughts. Silver and Gold is better than having nothing.
Gold will be the only thing that buys the potatoes
@@NumisNuter I have Chikens and Eggz to trade…..
I don’t think you understand Fiat, wealth preservation, and precious metals😂
If I have potatoes and carrots growing in my garden I’m not swapping it for coins. I’m swapping it for dried meat and cheese.
RUAGold. My suggestion is to wait until July/August and buy it for a nickel a share. There’s still time to buy a real mining company that is already successful. AG, EXK, FSM, EGO, KGC, SBSW.