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@sftita
Ай бұрын
Rates are expected to remain high, true. Nenner, Armstrong, Simon Hunt, all project several years of higher and higher rates.
@RobertLee-wi5kc
Ай бұрын
@@sftita So they all think higher rates and Bald Guy Money thinks rates are going down. Ok got it.
@sftita
Ай бұрын
@@RobertLee-wi5kc THe general TREND is up overall and for years per the analysts I mentioned. There will likely be intermittent downward reductions, 1/8, 3/8 here, there. Then there are "unforseen" circumstances like a major disaster.
@RobertLee-wi5kc
Ай бұрын
@@sftita Yes sir I love charts too. If you wish to look at a daily chart you will note that the "general trend" whatever that is has a high in may and since has had lower highs and lower lows. I think that means trend is down on that time frame. On a 5 year chart yes the trend is up. Sadly if silver/gold continue down my question to you is A) When would you say the trend is down? I am guessing if it breaks 20.00 B) What the hell do you do then? If you are a "Perma Bull" then you say things like It will go back up, I can't sell it now, oh I can now buy more at a lower price. I heard the same thing in Stock Market 2008. I sold, I got short, I am making money and if it takes out 31.25 then I will buy back and break even. There are always "unforseen" circumstances like major disasters which is a salesmans aid to sell silver. When banks failed it did not drive the price of silver higher!!! Call me evil as I am short but I am also a short term trader. I am here to HODL. (Hold on for dear life)
@Saoti-zm2ri
Ай бұрын
Thank you very much. I have learn a lots from your analysis
@jaynawilliams8923
Ай бұрын
I have the best reason of many good and not so good ones; Gold is the New Real Estate. Before my husband died, we were saving to buy a house. We had the 20% down payment, the 12% of the cost of the house for maintenance and repairs, and the cash reserve for furnishings. Now, that dream is up in smoke, not only because my husband died recently, but the price of houses is stupidly high. If the market crashes to 50%, the prices will still be at nosebleed levels. So, I am putting ALL that extra cash into gold and silver. Klaus Schawb and the WEF won round 1, "You will own nothing and you will be happy". Round 2 are cars. After that, I don't know. So GOLD is the NEW REAL ESTATE.
@bruce5895
Ай бұрын
Silver will be good for barter too. You could rent the house, ask for more because its furnished to pay the mortgage or sell now and take advantage of the higher prices then buy into a non-profit condo which will save you big bucks because all the maintenance is all included, I would get some experts in the field to advise you what your best option would be, if your unsure of what to do.
@robbooth8059
Ай бұрын
Same is true in China!
@royalrich2337
Ай бұрын
So sorry for your loss, Jayna. Just a suggestion, but I get a lot of good information from two YT channels called the economic ninja & the real estate ninja. It’s the same person and I learn a lot from him. I pray the best for you.
@richardgadoury8452
Ай бұрын
Jayna, Very sorry for your loss. My wife passed in April. Buy gold bars, not coins or certificates. Coins have a numismatic value, which most people do not understand, myself included. A 1oz 999.9 gold bar will always be a 1oz bar. Just a note, for every 1000 gold bars, there are 17,000 gold certificates. My opinion, certificates are for portfolio investment, gold bars have actual value. Also, gold is now a Tier 1 classification, its money, not currency. Good luck...
@davids3076
Ай бұрын
Well I think they have everything including the the notes. If you cant maintain your own vehicle they gotcha They want to seal the hood and have a throw away car after a period of time / mileage The illusion of freedom. You still have freedom of choice and that is it. And that is what they are coming after now.
@richardchiriboga4424
Ай бұрын
I show my kids two silver dimes and tell them that when I got my driver's license, there two dimes would buy me a gallon of gas. And today, these two dimes will still buy me a gallon of gas.
@Ring0--
Ай бұрын
That's convoluted. Please don't tell me you homeschool your chillins.
@Anrirua
Ай бұрын
@@Ring0--😂 No, that's just real money doing its thing
@edb3877
Ай бұрын
@@Ring0-- Seems plain enough to me. In fact, this point is often made about prices vs. inflation. The currency is getting cheaper and of less and less value. No need to over-think this, IMO.
@Ring0--
Ай бұрын
How many of you own a kilo of silver?
@ChrisM-dm6ns
Ай бұрын
@@Ring0-- you are biased. bye.
@inflationmillionaire-df3mn
Ай бұрын
i think we are at the point where you need to buy water barrels, water purification, put bars on your windows, and stock up on ammo and food.
@edb3877
Ай бұрын
The good news about stacking and prepping for hard times is that we aren't waiting for the last minute to get done the things that can take months or even years to get done. Those who do will be heading into disappointment due to the speed with which time will run out on them. This is a lot like Hemingway's comment on going bankrupt... very slowly and then very fast. By buying what we are likely to need ahead of time, we have the time to think and plan and not be hysterical about it... unlike those who wait until the need is upon them.
@Captain_Spaulding_01
Ай бұрын
@@edb3877masterfully said
@Captain_Spaulding_01
Ай бұрын
OP... comment of the year right there... 💯
@InappropriateShorts
Ай бұрын
you need to touch grass
@Captain_Spaulding_01
Ай бұрын
@@InappropriateShorts what?
@macclark4112
Ай бұрын
No need to sell 47 years into this I don’t care about it. It’s been fun to become my own Bank.
@timothybender7383
Ай бұрын
You had no worries In The beginning ?
@HoneyBadger80886
Ай бұрын
Word ! I've debanked as much as possible and I save in #bitcoin. After stacking PMs I got into stacking sats ! Self custody and #hodl.
@HoneyBadger80886
Ай бұрын
@@timothybender7383it took me two years to feel OK. 50 years of working and saving and inflation stealing it all. 2 years ago I set myself up to be my own bank. 2 years and no regrets. Zero is the only wrong allocation of NonETF bitcoin.
@DevineAbyss
Ай бұрын
@@HoneyBadger80886 Jup, these are also my 2 favorite investments. PMs because it has worldwide adoption and will always work, even though fees are a bit annoying shortterm. Bitcoin because it's super easy to store, transfer and use internationally, while beeing pretty much impossible to confiscate. Adoption is still low so using it would currently still be some work. And then I have some stocks because it is highly liquid and fees are pretty much nonexistant. You can literally sell all your stocks today, transfer it to your bank account, back to the broker and rebuy all of your stocks. If prices don't change and there are no taxes, the whole process costs you like 0,5% and that's pretty awesome. So yeah, I try to split the little money I have into these 3 buckets. And I feel like whatever happens in the future, I will be able to access and use most of that just fine.
@mattmatt6572
Ай бұрын
Ouch btc is invisible trash
@wisconsinchristian
Ай бұрын
I listen to several PM channels, but BGM gives the most balanced views which is much appreciated. Thank you, sir!
@baldguymoney5568
Ай бұрын
Thank you so much for watching! Wishing you a great day sir!
@helenbrooks4787
Ай бұрын
@@baldguymoney5568You really are the best, most level headed guy out here, buddy, but I had a very disturbing thought about America losing the reserve currency status, and it's relationship to PM's. Please see my comment, it's a long one.Thank you, and,as always, great video, sir.
@stephenloy3535
Ай бұрын
I bought 1000 ounces of silver in 1999.Look at it now.Patience is a virtue
@jonathanm5661
Ай бұрын
Well done. What was the $/oz you paid in 1999?
@COUNTINGSLURPULA
Ай бұрын
Very similar story here. 👍
@TheMarky26
Ай бұрын
@@jonathanm5661price in 1999 was roughly $275/ oz
@stephenloy3535
Ай бұрын
@@jonathanm5661 ,I don;t remember exactly,but something around $4.50 per ounce
@andygohhy
Ай бұрын
Congrats
@markgotschall2914
Ай бұрын
It's a long game, pure and simple. I've been doing this since 1994
@edb3877
Ай бұрын
Yes, it most certainly is a long game. The only PM owners out there who are disappointed in their stacking are those who had unrealistic expectations of sudden wealth from their PMs, never realizing that PMs primarily *preserve* our wealth rather than increase it. Meanwhile, inflation is robbing us all of any work-product stored in fiat currency. Congrats on your long-term stacking. I did not start stacking until 2010. But my reason for being late to the party is good: I was too busy making money in the stock market to worry about alternatives to currency. 2008 changed that considerably. I did a lot of research on this and came to the conclusion that owning PMs outside the monetary system was a good idea to protect what I had. Although I had only paper losses in 2008, by not selling any lower priced shares, I had no real losses. All too many people panicked and sold shares in 2008, thus locking in their paper losses as real losses. This also created another problem for the sellers in that many of them were unable to get back into the market at a good time, so they completely missed the large gains of 2009-2010. Jack Bogle once said that all investors should "stay the course". That went along with his company's symbol of a sailing ship and the implication that staying on course would result in us getting where we were going... and it did.
@geralddraper4491
Ай бұрын
Congrats , the long game is almost over. Well done. Those just starting 🤗👍👍 , and those that started during lock downs , kudos .
@livelife8980
Ай бұрын
I've only just started stacking 2 months ago.i have 25oz silver 5 American eagles and 1 gram of gold. Every paycheck I try to put at least 75 to $100 towards the stack
@silverman5707
Ай бұрын
Selling your metals is selling your insurance.
@baldguymoney5568
Ай бұрын
For some people, that's the plan. Horses for courses as they say.
@edb3877
Ай бұрын
@@nooneimportant779 Yes, there are and it is myopic not to recognize this. PMs are great tools in anyone's financial tool box. But buying them and never developing a solid plan about how to actually make the best use of them pretty much undermines the effort. My stack has these purposes and will be used for them: 1) making sure that I can pay my property taxes during hard times; 2) as a hedge against inflation; 3) as an interesting and fun hobby; 4) as a savings program; and 5) as a supplement to my retirement income. If owning PMs did any of these things, they would still be worth stacking. Agree 100% on freeing ourselves from debt, especially medium to longer term debt that compounds over time. My wife and I became debt free in 2014. We still have credit cards for convenience but pay them off every month. We have no mortgage or car payments, so our financial needs are modest. Our savings are substantial and the income from them allows us to travel, help our kids and grand kids, and buy pretty much anything we really need. Life is good, especially for those who worked hard, saved religiously, spent very carefully, and had a good plan for the future.
@patrickgrengs7594
Ай бұрын
It depends on what you are rotating into -- a productive share of farmland is one solid option.
@mattmatt6572
Ай бұрын
I would advise everyone to never by metals if you are in debt. Any investment the risk isn't worth being in debt over and metals aren't even an investment. You can't store wealth you don't have. Pay off debts then save.
@SupplementalDinner-zs4np
Ай бұрын
Another great well thought out video which is fact based and free of both hype and empty calories.The concise nature of your videos is so respectful of viewer time. Congratulations at this new exciting phase of your life!
@baldguymoney5568
Ай бұрын
Thank you so much for those kind words! I wouldn't be able to do this without great supporters like you. Wishing you a great day.
@RICHARDOCONNOR-s2j
Ай бұрын
Your channel stands out from others in this community. Your episodes on ounces needed to be a top 1 and 2 % stacker helps put this often-crazy hobby/ obsession into a better perspective.
@IvanButtkoff
Ай бұрын
I understand the short-sighted frustration. If one only watches the hourly/daily price movements, and not the historical contexts, one might think they’re screwed in the short term.
@baldguymoney5568
Ай бұрын
Yep!
@danielkurek7009
Ай бұрын
I don't know what you're talking about I'm not giving up.. I just bought two more ounces of gold and 100 more ounces of silver. Dollar cost averaging in for life!
@baldguymoney5568
Ай бұрын
That’s great news! Wishing you all the best.
@mrmegahrtz
Ай бұрын
Damn, when the amount im DCA'ing in with is around $8k, i will know ive made it
@john316godlovesyou5
Ай бұрын
Congratulations BG for moving on to bigger and better adventures! I always look forward to your videos! Your videos are always well presented and selflessly focused on helping people survive and thrive in the coming global economic chaos! God bless you bro and your family!
@baldguymoney5568
Ай бұрын
Thank you so much for your support. Wishing you a great day.
@OurHeroXero
Ай бұрын
You know what's great about golds sideway movement in June? It means the market is resting/storing energy.
@jim.zuzukiz3583
Ай бұрын
Have not given up on metals ,just waiting for a dip
@edb3877
Ай бұрын
I am doing something similar, although I did buy several rolls of 1964 Kennedy halves about a month ago. Haven't bought any silver since 2021 but I have a weakness for Morgan dollars and Kennedy halves. But something I am noticing is that the dips that we used to get and the dips we're now getting don't look the same. Previous dips were usually in the 10-12% range in price while the ones we're getting now are more like 3-4%. Sometimes this makes them difficult to recognize as dips. These new dips also do not last as long, so buyers have to be quicker to grab what they can when such a modest dip does occur. 😕
@timothyoherlihy5391
Ай бұрын
Thank you Sir. It is an indication of how valued your production is that my hear missed a beat for a moment thinking that you were not going to make any more videos. They are always so concise, with much academic rigour and always reassure us. I have no doubt precious metals have a great future especially when low interest rate merge with greater public realisation that inflation is not an aberration but here for the foreseeable future. No doubt you contributed as much in your previous job as you do in your current productions.
@baldguymoney5568
Ай бұрын
Thanks for the kind words. I am lucky enough where all I have to do now is make these videos. Since I love doing it - it’s like I never have to work again in my life :) wishing you a great day.
@rickengman
Ай бұрын
Great Video as usual BG, thanks for the analysis. I sleep much easier at night knowing that my PM's are protecting me from whatever turmoil is in the future. I also really appreciate the timely and optimal buying opportunities you give in your Patreon Channel. The "Bang for the Buck" factor is great.
@baldguymoney5568
Ай бұрын
Thank you Rick. You’re a pillar of what I do here.
@donovanmic
Ай бұрын
I see gold and silver as a savings account. If, for example, the present value of 2 oz of gold will cover your expenses for a month, chances are 2 oz of gold will still cover your expenses in 10 years time regardless of how many dollars that may be then.
@baldguymoney5568
Ай бұрын
Great way to look at it!
@george0r510
Ай бұрын
You have it correct. The PMs hold value in 10 years or 100 years they hold value and inflation does not steal from the PM in hand. The biggest caveat I can share with you is???? Never go search to sell,, or negotiate the sale of value PMs, and take more than one unit (one bar, one coin, etc) with you. The reason, the price of the PMs is getting too high for a mistake, example to sell too low is a mistake, and to be in an emotional sale of 10 ounces at one time is dangerous if you mistake your sale price, and take a low price for 10 units in error. Never take more than one unit to deal at a time. Remember this,at all times, also, the buyer is trying to purchase from you at the lowest price, and you the seller are trying to get the highest price. Write down the lowest price you will take on a piece of paper, and keep it in your pocket, for selling only one unit. do not deviate. So it is not a fault to come home with the unit in our pocket still, it is being SMART..... Truly, you can do a dance to find the true level value of your unit the next day or another week later. When selling such a true, fair-value item, the price to be best for you, most likely will be enhanced if you, go very slow, and very targeted, as the buyer will be accustomed to an experienced method, to purchase using his /her "purchase dance". You need specific targets, to follow to gain advantage to succeed with the fair price, not a lower than expected price., on emotion to a fast talkING buyer. It never hurts to walk away, NEVER HURTS TO SHOW YOUR FORDATUDE TO GAIN FAIR SELL PRICE.
@kevinw9073
Ай бұрын
Fascinating report as always. Stacking metals for 16 years I no longer "freak out" on the price moves. Retired with no debt does make my life easier, and I still work part-time to keep my mind "fresh" and use that money to add to my stash. I never expected to still be staking at this point, however the way things are going it seems to be the wise and prudent thing to do. I buy it, record it, put it away and enjoy each day to the max. Keep up the good fight at your end and I will do the same! Cheers!
@baldguymoney5568
Ай бұрын
Retired with no debt! i just joined the club and it feels good.
@rudeawakening3833
Ай бұрын
Good luck and God Bless Bald Guy on your future endeavors … I’ve always appreciated your work and dedication .
@baldguymoney5568
Ай бұрын
Cheers!!
@romulus1300
Ай бұрын
Good luck Bald Guy. Love your videos.
@libertybellecoaching6243
Ай бұрын
Thank you Bald Guy Money! I really appreciate the charts of how when interest rates go down, metal prices go up. It makes it easier to understand the cycles.
@edb3877
Ай бұрын
Yes, same here, although the presentation would be improved if the chart and the small window where Bald Guy is speaking did not overlap. I like to copy and paste these charts to save them on my PC for future reference. I can deal with smaller charts better than I can with losing part of the chart to the video window, especially when it covers one of the chart axes. Some charts contain some empty space where this small window could be placed, which would help by not covering anything useful.
@user-zb7qf8rq5r
Ай бұрын
In 1987 I had six houses in London interest rates doubled and I lost it all. I started reading about historical property prices at the peak house prices were 5.75 times average earning in 1987 and they had never been that high. In 1995 houses were down to three times so I tried again. I flipped and flipped ended up with a large country property and when house prices hit 6 x earnings in 2003 I sold up and switched into gold. Well house prices didn’t fall as I expected but they went up and down. The house I sold doubled in value the gold went up by a factor of 10. Recently my gold position has gained in value of the country property on a monthly basis.
@markakira8988
Ай бұрын
The average person on the street has little experience on how to be patient over a measly .47 cent drop. People want the immediate gratification instant money route. I stopped trying to talk to coworkers because they'd rather not think about it than face reality. I have two coworkers that spend $40USD on lotto a day, 6 days a week!
@edb3877
Ай бұрын
Your efforts were impressive but there is no talking to some people. Back in my early days of stacking, 2010-2011, I tried to get people interested in stacking too but the info I presented fell on deaf ears. Not only did they not know even the basics of personal finance, they didn't even want to know them. I gave up and stacked harder so that my own family would be protected from the worst of the hard times coming to us, mostly through government incompetence. I am fully prepared to reject any who failed to listen, had no interest in stacking, and who would come to me in the future when the hard times are upon us all, begging for help. Too bad, so sad. 😕
@baldguymoney5568
Ай бұрын
Imagine how much gold they'd have if they used the money for that instead of lotto tickets.
@zintun3575
Ай бұрын
Congrats on leaving your main job Bald Guy. I also quitted my job 2 years ago and never miss it for a day. 😄
@baldguymoney5568
Ай бұрын
It feels good for sure. I worked with some great people and my company was very good to me over the years - but sometimes I man needs to set sail on his own.
@LibraryHobbit
Ай бұрын
Low prices in Silver is a gift. It allows me to buy more!
@janetully2332
Ай бұрын
When Venezuela collapsed, I believe that women traded wth single links from gold chains. Women have aways worn their wealth.
@baldguymoney5568
Ай бұрын
I wear it too - some call me fancy - I call it being practical.
@richardchiriboga4424
Ай бұрын
My mother said that during the 1920s all the women in the family got heavy gold bracelets that were soldered so that they were not removable except by cutting them off. These bracelets helped the family survive the great depression.
@bonnieupton4114
Ай бұрын
Interesting.... all I have is some jewelry passed down to me. Times are really scary.
@noicue8078
Ай бұрын
@@bonnieupton4114I agree 🙏
@jaroslawjakubowski8438
Ай бұрын
@@bonnieupton4114kup fizyczne srebro.
@bigdaddyhoffman1911
Ай бұрын
Love the statement about gold and silver at 1:30 ........Truer Words Were Never Spoken!!! Thanks for the video Bald Guy Money.. 👍👍👍 Happy 4th of July......Life is good......God Bless
@baldguymoney5568
Ай бұрын
Thanks Big Daddy!! All the best to you and your loved ones. God bless.
@dannymarlin9150
Ай бұрын
Thank you for all the insightful information. The best PM channel on KZitem. Nothing but facts🙂
@baldguymoney5568
Ай бұрын
Thanks Danny! I appreciate that.
@dannymarlin9150
Ай бұрын
@@baldguymoney5568 You're welcome! I wish you much success in all your endeavors 🙂
@edb3877
Ай бұрын
Bald Guy is truly excellent... but then, so is the 2is1 Gold channel. These two are my must-watch channels for great PM info and no hype.
@dannymarlin9150
Ай бұрын
Oh yes. I listen to his too🙂@@edb3877
@DanielMeininger
Ай бұрын
I enjoy your thoughtful analysis, they are clear and make sense. This is a base case supported by previous circumstances and with other major global developments helps set basic price expectations. I agree with staying patient.
@joewood6578
Ай бұрын
Thanks baldy!😊 You are one of if not the best moderator of your own channel of silver and gold news, and I appreciate the honesty of the facts that you present. Keep up the great reporting. Joe stacker from Mass.
@baldguymoney5568
Ай бұрын
Thank you so much for watching and for the kind words. All the best.
@Mochi_Forever123
Ай бұрын
We appreciate your data analysis. Although Robert Kiyosaki, Peter Schiff, and Mike Maloney have made similar inferences in the past 10-15 years, we are still willing to believe your judgment. I believe that there should be some people here who believed them more than 10 years ago and started their precious metal journey. I wish us that day will come soon. Thanks for your great work. The most trustworthy metal YTuber!
@ct87gn25
Ай бұрын
Great comment! And for those who did stack metals 10 years ago because of those guys you mentoned, well they're doing pretty good because of the huge price increase in metals over that time. Wish I listened to them back then...
@baldguymoney5568
Ай бұрын
The truth is that Robert and Peter haven’t been wrong. Look at the trend line for gold and silver price in USD. It’s a steady upward line. Sometimes people have too high expectations. Gold and Silver have protected people well for the most part.
@ct87gn25
Ай бұрын
@@baldguymoney5568 100% agree!!
@ddprepper5227
Ай бұрын
Excellent report thumbs up 👍👍👍👍👍👍😎 thank you for sharing your knowledge and expertise😊🎉❤
@TheQuickSilver101
Ай бұрын
I'm very happy for you, Bald Guy. I hope your channel continues to grow, it certainly should but I do get concerned that the world is excessively motivated by fear and not facts as it should be. In any case many congratulations!
@baldguymoney5568
Ай бұрын
Thank you for the kind words and I agree with you. It is frustrating when I work so hard to put out credible videos and I see people asking me about stories that have been debunked or wild ideas about Silver and Gold reaching price parity. I think what I am doing here is important to get people seeing straight. All the best to you!
@celalettin4824
Ай бұрын
it was a fantastic video, thanks !
@baldguymoney5568
Ай бұрын
Glad you liked it!
@stephenhenderson4419
Ай бұрын
I truly enjoy your perspective and hope that you continue to publish videos in the near future.
@baldguymoney5568
Ай бұрын
Cheers! More coming.
@2Eaglez
Ай бұрын
Interesting content, have always heard about the summer doldrums in metals, but never had seen the graphics you showed. Good luck on your move.
@chrisbealey6478
Ай бұрын
I'm letting my grandkids worry about it when they inherit it all .
@edb3877
Ай бұрын
Just make sure that they understand what PMs are all about, so that your wonderful efforts in this are not wasted.
@chrisbealey6478
Ай бұрын
@@edb3877 I'll make sure 😊 Thanks for your reply
@bruce5895
Ай бұрын
As far as our fiat currencies are concerned, sometime in the future when they go down in value enough, I expect the Fed to write off the national debt, then start a new program with digital format or digital currency if you like, which as our host said really won't have any more value than the old fiat currency because there will be nothing backing it up. You would think gov. could get it right and go back to a gold back currency but they won't because of the greed factor to print more money and the power it gives them to control the people.
@edb3877
Ай бұрын
A gold backed currency will be the very last thing that the politicians will try and that only after all other attempts have failed miserably. As you can see, I have given up on the US Gov ever adopting a gold / silver standard for money. So, I put myself on just such a standard. I keep enough cash to pay my bills but that's all. When my checking account, which receives my retirement income, gets to a certain amount, it's time to go shopping for more PMs.
@bruce5895
Ай бұрын
@@edb3877 The smart money will have metals that are their protection and security against a falling fiat currency and also a digital currency in the future
@baldguymoney5568
Ай бұрын
I think fiat will replace fiat. We are not smart enough or responsible enough to go back to real money.
@bruce5895
Ай бұрын
@@baldguymoney5568 Agreed, whether its fiat or digital there will be no lasting value.
@edb3877
Ай бұрын
@@baldguymoney5568 Agreed. There will be multiple attempts to create new money systems but unfortunately all of these will fail and probably miserably at that. Only after all of these have failed will it ever occur to the fiat bugs that they've been wrong and always will be unless they accept that gold and silver ARE money.
@TomOS1971
Ай бұрын
Thank you, excellent analysis as usual....I've recommended your channel to my local bullion shop owner
@baldguymoney5568
Ай бұрын
That’s incredible. Thank you.
@uwescherbaum9676
Ай бұрын
All the best for your ( surely happy) future. It was and is always and enrichment to watch your videos. Warm regards from Germany.
@baldguymoney5568
Ай бұрын
Thank you so much for your kind words. I have spent many days and weeks in Germany over the past 10 years. Wishing you a great evening.
@uwescherbaum9676
Ай бұрын
@@baldguymoney5568 In case your coming again to good old Germany, it would be great to meet and have a drink. I am located about 180km east of Frankfurt in a quitd country side village..
@ianwinter100
Ай бұрын
And that doesn't take into account the evolution of BRICS.
@watchful.
Ай бұрын
90% of the price action is happening in 10% of the time, at the end of the bull market.
@baldguymoney5568
Ай бұрын
Exactly! We are only just warming up.
@smiley8881239
Ай бұрын
We have been “warming up” for for decades….
@OurHeroXero
Ай бұрын
@@smiley8881239 If the big move happens in the last 10%...AND we've been warming up for decades....wouldn't that suggest a multi-year run?
@watchful.
Ай бұрын
@@smiley8881239 it depends when you started and how you look at gold? I started buying gold regularly in my early twenties, 20 years ago. Today the average price of my gold ounce I purchased is 747$ It looks good to me and I’m looking forward to what will happens in the future because I know that all fiat currencies are going to be destroyed.
@baldguymoney5568
Ай бұрын
Smiley - over decades Gold has more than beaten inflation. Maybe it’s a matter of your expectations? I am trying to set realistic expectations here.
@luckarpov368
Ай бұрын
Hi bald guy i What are your predictions regarding precious metals if Trump is elected and the difference if Biden is elected.
@baldguymoney5568
Ай бұрын
I really don't think the result will be much different either way. They both like to spend and both want lower rates.
@kevinyaucheekin1319
Ай бұрын
@@baldguymoney5568I think in terms not only of fiscal domiance tendencies of both joe & Prez Trump. There also geo political aka global thermo nuclear war risk. Trump might very well strike at Iran, Iran can shut down most certainly the Straits of Hormuz for at least 10 to 14 weeks, maybe for as long 18 to 24 weeks, if the Americans tardy & not on the ball. Iran can absolutely shut down totally Qatari Natural gas aka LNG production for at least 16 to 20 months, maybe even 24 to 36 mths. That be a right bummer for those importing LNG. However conflict with Iran is not gonna lead to global thermo nuclear war. China will be most displeased but at best will provide some sat intel & maybe low keyed smallish scale supply of weapons. Russia will huff & puff in outraged indignation, it might provide some significant large scale weapons shipment & loads of intel support, assuming the conflict in Ukraine has wound down or is winding down. If not arms shipment will be very limited. Russia absolutely will not extend its nuclear umberlla to Iran. That tolerable to some large extent no human techno civilzation extinction event. Biden is slow walking Nato into global thermo nuclear war with Russia not quite yet China. Russia vastly superior to China vis a vis strategic delivery platforms & nuke warheads. Nuclear war with China will be necessary limited due to the laughably small numbers of Chinese nuclear weapons & delivery platforms. With Russia it might not be limited because Russia has at least 11 to12 times the weight of China in terms of nuclear weapons. So from a human techno civilization surival prespective, rather Trump then Biden, as he by far the lesser of 2 evils. Likely nuclear war with Iran is very, very much less impactful then with Russia. Likely nuclear war with China excluding Russia is much less impactful then nuclear war with Russia. Avoiding nuclear war with Russia is an absolute imperative, with China strongly desirsable but not not absolute imperative, with Iran the risk is quite tolerable & might be good for Yankee oil & LNG exports. 😊
@smiley8881239
Ай бұрын
I disagree with that. I think I precious metals will go thru the roof if Biden is re-elected much like gun sales did when Obama was elected. The cat is out of the bag now for Biden and this country will go nuts if Biden is re-elected. People have faith that Trump can fix the economy. Maybe that faith is displaced but that is the belief of much of our country at the moment. If the population believes that Trump is the savior and he is elected, then precious metals will fall flat for some time until people realize that Trump also has to “inflate or die”. If Biden is re-elected, then people will realize right away that a demented President cannot help them and they must do something to help themselves. This is all assuming, of course, that we even have an election and that these two candidates will be our only choices… God help the USA.
@joeroth7140
Ай бұрын
Good luck with your transition to your new place. Please continue to deliver the same great content and not change what got you to this point. Great video 👍🏼
@faruktopbas603
Ай бұрын
Hi bald guy! How weäas the increase percentage of miners during these phases, where gold and silver increased while rate cuts were happening? Thanks for your valuable and genuine comments!
@baldguymoney5568
Ай бұрын
Great question! I will cover it in my next video.
@noicue8078
Ай бұрын
Great video. That was a great question of the day and a great answer. Thank you 🙏
@kota9087
Ай бұрын
This is what I've been desperately searching for. A reason to hold on longer. This is real data. Thanks for the video.
@baldguymoney5568
Ай бұрын
Cheers!
@COUNTINGSLURPULA
Ай бұрын
Been collecting since 82, stacking since 86. I've sold some pms over the years to survive, conveniently when peaks have hit like 2011-12. Had i not stacked, I likely would have been far worse off than just being homeless.
@edb3877
Ай бұрын
This is one of the great uses for PMs, IMO. They are a financial tool, not something to which we are married for life. A tool is only of use when it is USED. 👍
@silvercobra0923
Ай бұрын
SILVER & GOLD...🤩🤩 RUN BABY RUN 🤩🤩
@edb3877
Ай бұрын
Come on, DIP! Dry powder awaits!! lol
@bruce5895
Ай бұрын
As events in this world unfold it is going to be interesting to see what country or countries adopt a gold backed currency and if they do will it become the new world reserve currency for world trade, time will tell all.
@jimstuart3373
Ай бұрын
For the past 30 years I have been stacking silver and gold. I knew all along that at some point I would probably have to rely on it to supplement my retirement. I’m 75 and so far I’ve only dipped into my 3500 oz silver stack to pay for a well deserved vacation and it was only 100 oz at that. I also had an exit strategy that if silver hit $30/oz I would sell some. So far I haven’t done that and I still have 15 oz of gold in reserve as well. I didn’t find your YT channel until a few months back, but am very impressed with your vids. Thank you for presenting clear and concise metals “and” overall economy analysis here.
@baldguymoney5568
Ай бұрын
Thank you for that kind comment. It sounds like you are doing exactly the thing I am talking about here. Congrats and thanks for watching.
@bseavers
Ай бұрын
Great Video. I hope to get my wife to watch. Understanding cycles will help alleviate fear. Owning a little gold is smart.
@baldguymoney5568
Ай бұрын
All the best to you and your wife.
@Chisca22
Ай бұрын
This PM bull market will be epic, it’s gonna rip faces off
@baldguymoney5568
Ай бұрын
Darn tootin’
@ronaldwi6299
Ай бұрын
It would be interesting to see the three increases compared to what the money supply did during those timeframes and how it compares to now.
@baldguymoney5568
Ай бұрын
Good idea!
@anoopnair472
Ай бұрын
Good luck my man! Onwards and upwards 💪🏼 Wish you the best.
@jonathanlunglo
Ай бұрын
Congratulations, and good luck during this new chapter in your life!
@baldguymoney5568
Ай бұрын
Thank you so much!
@KimberTradition
Ай бұрын
This is the first time I’ve watched your show I enjoyed it very much, very informative with no BS. C’mon can we have a little BS? LOL Great show. Thank you for your show, I’m now a regular.
@baldguymoney5568
Ай бұрын
Thank you so much! Welcome :)
@Popnpoff
Ай бұрын
Thanks bald guy always good info
@mlbaker40
Ай бұрын
Gold and silver prices are clearly acting like there is a computer painting the chart. 300 trillion in global debt. That's the reason to be in the metals.
@RealChrisinAZ
Ай бұрын
Great analysis as usual!
@baldguymoney5568
Ай бұрын
Glad you enjoyed it.
@tonyt.5316
Ай бұрын
Great pick on the viewer question! I’ve always wondered that.
@fruitloops3718
Ай бұрын
The fact that gold didn't take a 20 percent plunge in June after the huge rise in the early spring was confirmation enough for me to add more to my pm exposure. I've been watching this market well over 10 years.
@baron6271
Ай бұрын
Price is fake. I'll keep hoarding. DCA all the way.
@viennaweiss8470
Ай бұрын
I found that the local metal sells (not coin shops, but metal precious metal sellers) are selling silver, but buying only a few different types of silver coins, and NO bars. Odd? Any guesses why?
@baldguymoney5568
Ай бұрын
I haven't heard that but I suppose it has to do with liquidity and what their customers are demanding. I have been buying Philharmonikers a lot lately because of the low premiums on them. Just as I was buying Britannias in 2022.
@viennaweiss8470
Ай бұрын
@@baldguymoney5568 I imagine it's because to purchase silver from stackers would cost a "premium" right now, and perhaps they've enough on hand to ride it out until any price dip (that they might be banking on).
@2Eaglez
Ай бұрын
Could be that these stackers are at or near their stacking goals. Most will stack whatever has the cheapest premium. As you stack you do begin to realize that some forms of metals are perhaps better than others. Examples would be constitutional silver and pre 1933 US gold coins.
@Skiptickle
Ай бұрын
If you're upset about the daily ups and downs of the gold and silver price then you have no business being in the stacking game. The precious metals are a long term wealth storage system, not a get rich quick scheme.
@baldguymoney5568
Ай бұрын
100%
@jennifermcgeorge6983
Ай бұрын
I always enjoy your educational approach. I have learned a lot!
@baldguymoney5568
Ай бұрын
Thanks for watching!
@rodie1969
8 күн бұрын
Always fascinating ! Thanks a lot !
@christopherk140
Ай бұрын
Would like to know where your moving to and why that selection. ???I’ve been slowly getting used to Montserrat….. now spending six months a year there and contemplating starting a business. Already have much in place for hopefully a happy retirement and a small business to supplement retirement income.
@baldguymoney5568
Ай бұрын
I will reveal that soon in a video.
@richardhumphrys7907
Ай бұрын
Electric vehicles use 4-5 ounces of Silver vs. 1 ounce in combustion engines. Also only 1 billion ounces remain in circulation, compared too 12 billion in the 1,800s.
@DavidSagala-vs7yf
Ай бұрын
Thank you Bald Guy
@jimpalsson4147
Ай бұрын
Great video! I hope all the best for your new endeavors and please have safe travels.
@bruce5895
Ай бұрын
Currency Values will continue to go down in North America as countries in the east and brics nations continue to dump US treasury bills. This will increase inflation and delay interest rate cuts at the same time. I do not expect any big price increases from Gold or Silver during this time, unless there are other extreme factors involved.
@edb3877
Ай бұрын
They are not dumping UST paper, they are SELLING it. BIG difference. This is merely a change of ownership, nothing more. Personally, I like it when unfriendly countries sell their UST paper. That gives them less influence on the US Gov.
@bruce5895
Ай бұрын
@@edb3877 Thanks for your interpretation
@Coindom65
Ай бұрын
I'm a 58 year old grain farmer I've been a semi -serious stacker for nearly all my adult life but became more serious about it in early 2023. Farmland I believe is in a bubble too so buying more I felt a losing proposition why buy something that will start losing value as soon as it is bought? So I decided to buy silver and gold which is looking like a great idea now! The fear a have is a crash in most markets when people also are forced to liquidate precious metals as well or maybe they will buy precious metals when everything else is crashing who knows? But my intentions are to liquidate my metal holdings at some time in the future to buy either more farmland or maybe even a lake house for retirement. I find your content very informative, enjoy your charts and analysis and always look forward to your next video!!
@LegalShield3000
Ай бұрын
There are 2 things that weren't really covered. First is the artificial suppression of silver prices. The second is that historically, the Silver/Gold ratio has been 12/1. It's hard to say how these will play in, but at some point, "they" won't be able to suppress the price anymore.
@baldguymoney5568
Ай бұрын
I have done separate videos on them. They weren't really in scope for this discussion. Thanks for sharing your point of view though - I do appreciate it. All the best.
@Mikepace001
Ай бұрын
Really appreciate your videos, always balanced and informative
@Shirley-dh1bl
Ай бұрын
Great video, greet from the Netherlands ❤
@baldguymoney5568
Ай бұрын
Thank you so much for watching! I like the Netherlands very much. I spent a week in Noordwijk once on vacation.
@kimgabriel4338
Ай бұрын
another thing to consider is the GSR. your price predictions yield a GSR of 85 = it's already about 79 to 80 so the price of silver will more likely be $54.25 I think the GSR will go even lower due to supply shortages and more demand for the "green agenda" so GSR at 65 means silver is $65.95 . Hang in there folks. It's just starting!
@baldguymoney5568
Ай бұрын
You could be correct. I think we may see a return to 60 to 1 over the next few years.
@larrywhitesell4139
Ай бұрын
Nice video. Simple, concise, informatve
@Virgin_Stacker
Ай бұрын
Your insight is greatly appreciated BGM. Wishing you well in your future endeavors. Stakes on🇻🇮
@thomaschew2191
Ай бұрын
Slow and steady, DCA with monthly purchases. Set goals and be patient.
@Heavygrenadelauncher
Ай бұрын
Very interesting analysis!
@daviniarobbins9298
Ай бұрын
Silver would be for every day to day living expenses. You aren't going to use gold to buy a loaf of bread for example, that would just be silly. A loaf of bread is what a 1/10oz silver coin would be for for example.
@baldguymoney5568
Ай бұрын
I don't believe we will transact directly in metals, but you never know.
@daviniarobbins9298
Ай бұрын
@@baldguymoney5568 I don't think we will either. It would be weird though going into a shop and the prices are in troy grams of silver. I don't know how much a quart of milk is on average in the states but here a litre of milk(nearest measurement to a quart) is £1 which at current spot price for silver would be 0.74g of silver.
@elsaanndo7720
13 күн бұрын
Great information! Thank you
@sherrydance144
Ай бұрын
Very clear and no BS. Good analysis.
@baldguymoney5568
Ай бұрын
Glad you liked it!
@jonesmatthew7511
Ай бұрын
Congratulations on a different chapter in life! Good luck and thank you for the analysis that you do. You will have to tell us where you are moving to! I'm sure it will be in a future video. :)
@baldguymoney5568
Ай бұрын
Thank you! I may do a special intro for my first video there.
@jonesmatthew7511
Ай бұрын
@@baldguymoney5568 I would appreciate it and I'm thinking the same thoughts based on leveraging the USD in the international real estate market. The US is too expensive now.
@MA1776AGAIN
Ай бұрын
Congratulations, Sir. Best of luck on the youtube career. I look forward to many more of your videos.
@baldguymoney5568
Ай бұрын
Thank you very much!
@SailingTristandaCunha
Ай бұрын
Question: the amount of gold and silver that can be mined is finite. Estimates put the remaining mineable amount at around 15yrs worth. I'd be curious to hear your perspective on how much you think there is left, and what you expect it will do to prices. (Don't say it's far in the future - It isn't ;-)
@baldguymoney5568
Ай бұрын
Thanks for the comment - seems you already have a strong opinion on the topic. I can consider covering this in the future. Thanks for watching.
@ChuckDowl-lh1ir
Ай бұрын
I don't plan on ever using fiat currency again. Not for savings of course.
@baldguymoney5568
Ай бұрын
For savings it stinks! For day-to-day transactions it's still best.
@bruce5895
Ай бұрын
Well I think that you made some good points, my position is to not buy anymore Silver, buy more Gold when the price drops and it will drop during the next major crash, holding on to cash because its still King until its not. What really pissed me off is the way the big banks and the Fed just keep shorting the metals every time they go up, that should be a crime in itself and not be allowed to happen, and the worst of it is there using the peoples money to do it.
@jaroslawjakubowski8438
Ай бұрын
Nie wiem czy mnie zrozumiesz , jednak jak nadejdzie krach to waluty FIAT nic nie będą warte. Wartość będzie miał tylko towar i nie ten na papierze lub zapisie elektronicznym ale fizyczny, prawdziwy. Tak było np. w Republice Weimarskiej.
@edb3877
Ай бұрын
I have no problem with shorting the market or any parts of it that look over-priced. But I do draw the line at naked paper shorting, where companies and individuals short shares that they do not and won't ever own. This kind of shorting needs to stop because it is market manipulation, pure and simple. But the US Gov looks the other way on this because their interests coincide with those doing the naked paper shorting. This is not being done by a single company, so a good case could be made for various companies colluding with each other to create unearned gains via this underhanded trickery.
@bruce5895
Ай бұрын
@@jaroslawjakubowski8438 Got it, hard assets we hear you
@baldguymoney5568
Ай бұрын
Thanks Bruce!
@bruce5895
Ай бұрын
@@baldguymoney5568 communication enhances thought, which can lead to change in behaviour, which can help us reach the goals in life that we all want.
@privatepilot4064
Ай бұрын
Why would anyone trade real money for inflating fiat money? It doesn’t make sense.
@baldguymoney5568
Ай бұрын
Some people do it by design - others out of necessity. We can’t judge others - only make our own plans.
@edwardedwards80
Ай бұрын
Some people have emergencies, lost jobs, high rents, food, car insurance, 20 kids too take care of 😂 just kidding. I have be stacking 17 yrs now I don't care how hard it gets I am not going to sale even if I had to come out of retirement to get a job or use my talents like singing and boxing skills. I have five grandchildren I would like to leave it with them. I wish everyone health, wealth, and happiness 🎉🎉🎉 take care of your health so you can enjoy your wealth.😊
@privatepilot4064
Ай бұрын
@@baldguymoney5568 I’m not judging or accusing anyone, I’m simply asking a question. Great video.
@baldguymoney5568
Ай бұрын
Oh. I got that. Sorry for the misunderstanding. I guess why I’m trying to say is that those who plan this way may not understand what’s waiting for them.
@MA-jx6yq
Ай бұрын
Good content!
@baldguymoney5568
Ай бұрын
Thank you!
@marsbetelgeuse7599
Ай бұрын
It's a pleasure to listen your channel
@pauldeman8622
Ай бұрын
Instructive. With the financial dictature without any consideration for people next step can be lower interest but only available for a few with digital money. Have a fine travelling time.
@silverbushman
Ай бұрын
Lots going on noting ever happing we need that shock 🎉
@edb3877
Ай бұрын
Maybe this is like how earthquakes work? Nothing for a long time as the pressure builds and builds and then a real ripper happens that surprises almost everyone? In some places, we get minor shocks fairly regularly... things in the area of 3-4 on the Richter Scale come to mind. Enough to feel and maybe enough to make the hanging lamps move a bit but not enough to do any real damage. Small but frequent movements are much preferred to a very few really big ones. I was in a 6.5 quake years ago. I ran out of the building I was in and could see the ground rippling like ocean waves. Scared the heck outta me... and I don't scare easily.
@attila2a746
Ай бұрын
Great historical analysis I enjoyed the video
@baldguymoney5568
Ай бұрын
Glad you enjoyed it!
@randywhelchel4674
Ай бұрын
Why is it no political ramifications are factored in? Israel and Iran about to start a new war Lebanon as Israel kicks out the terrorist PMs spike.. rolls into Bank failing.. The unit being introduced in October I already waited gold per bill 😮
@baldguymoney5568
Ай бұрын
We're parking that on the side and looking purely at how interest rates impact the price of metals. Of course there are a million more factors that could move it up or down.
@Silvertoburn
Ай бұрын
Good times ahead!!! Gooo Baldguy!
@baldguymoney5568
Ай бұрын
Yes sir!
@_JD3
Ай бұрын
Why would I sell 😎
@baldguymoney5568
Ай бұрын
You never know. Many people buy with the intention of one day selling :)
@AD-ht3jl
Ай бұрын
Sell for a new unbacked Fiat?
@glenvilleashby2872
Ай бұрын
Medical reasons, desperate and unexpected situations? Stop the cultist thinking. Be open minded!
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