Are Gold & Silver Really Safe This Time?
22:39
Will Gold & Silver Keep Going Up?
15:13
Пікірлер
@abruegger007
@abruegger007 50 минут бұрын
I figured for one of your episodes, instead of Bald Guy, you would become Wig Guy! Just for one episode it shouldn't be that bad. There are Halloween stores opening up and you could find a cheap wig there. And it wouldn't necessarily make you look like a cheap trollope or anything! Just... "Wig Guy" for an episode!
@jasonluchtel7974
@jasonluchtel7974 59 минут бұрын
As the wold turns from one decade to another, no country on this earth wants a promisary paper note. They want actually physical metals that are worth something. It really doesn't mean gold or silver. Hell, some want lead, nickle and copper. Depending on what that county needs at that time. But one thing I do know is that wealth is measured in ounces and pounds. Not fiat paper. Either it be in gold, silver, copper, nickel, lead or aluminum, or whatever. METAL is you worth preservation.
@milehighed52801
@milehighed52801 Сағат бұрын
Hey @baldguymoney5568 ! I heard about you buying some fractional gold to add to your stack and you’re taking a wait and see position on silver. However, I was wondering if there’s any good buys on silver to add to somebody’s stack. Are rounds to high? And what about 90% Junk? Any thoughts on that? Thanks!
@jasonluchtel7974
@jasonluchtel7974 Сағат бұрын
It's actually scary, if gold and silver keeps climbing, what does that tell you about the strength of the dollar? The strength of the dollar keeps diminishing my friends. Scary times indeed.
@jasonluchtel7974
@jasonluchtel7974 Сағат бұрын
It's going to boil down to taxation from the government. It won't matter if gold is at $10,000 an ounce or silver is at $500.00 an ounce. Once taxation gets to a point where people cant survive there will be a revolution. It happened once and it will happen again. We can learn a little lesson from history.
@jasonluchtel7974
@jasonluchtel7974 Сағат бұрын
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. 😊
@tepesavvas4283
@tepesavvas4283 2 сағат бұрын
hi good news thank you ,in my charts this instability appeared and lasted for about 2 years, it is a buying opportunity for the future I believe,the chinese i heard tell their citizens to buy silver 24 hours ago,and is to launch the new 40% gold currency on 24th October by Russians Chinese Indians and others
@bradleyozbun1012
@bradleyozbun1012 2 сағат бұрын
💯 to you ! B.G.M.!! Are there any books that you would recommend to a person to gain a better understanding of finances , economics, and perhaps starting a small business ? Thx. For the great viedo ! As always a loyal 💯 subscriber.
@economy101
@economy101 2 сағат бұрын
Great video!! There is a lot of good info for a short video.
@knockoutfever4
@knockoutfever4 3 сағат бұрын
Almost any commodity would have been a better investment than gold and silver over the last several decades
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
That’s not true. Come on. Let’s be fair.
@adilshaaban
@adilshaaban 3 сағат бұрын
Great presentation of the econo-political volatility reflecting on the metals prices. I am reluctant, although am keen to, enter the metals market for the first time after losing my $600K worth of Swiss gold in trust to a bank which went bust, while carrying Gold/Silver ETFs in my S&P portfolio. Should I ride the metals volatility with extra G&S ETFs till the volatility air clears away possibly early 2025?! Thx
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
If you’re not in - I’d say - get in now. Start to scale in. Just my 2 cents.
@AshokKumar-el2vm
@AshokKumar-el2vm 3 сағат бұрын
Great analysis❤
@olegpetelevitch4443
@olegpetelevitch4443 3 сағат бұрын
Same buying Gold only silver! On hold ! Agree !
@philschiavone101
@philschiavone101 3 сағат бұрын
Funny when I watch videos that talk about the Fed and how they screwed up. The Fed has one function. That is make up a story that is appropriate for what is going on in the world and pretend to do something with the overnight rates to banks. At the end of the day, somewhere in the world there is a shortage of US dollars and a glut somewhere else. The only question is how long will the world accept the current system? Seems like for a long time as even the BRICS nations are not in a rush to replace the dollar. 😮
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
Haha so true!!!
@THOMASDRELICH
@THOMASDRELICH 4 сағат бұрын
gold was just made a tier 1 asset in 2019. I would bet selling would be a paper shakeout and I would buy the dip aggressively. plus the dollar is at the end of its lifecycle as reserve currency. I see 2800 gold with pullback in 2025 like from January to April to restest 2500. imho
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
You would be correct! Traders covering margin calls.
@pamwalker8394
@pamwalker8394 4 сағат бұрын
I am holding a lot of silver coins and rounds plus 100 oz bars, I am in Houston, do you know where I can sell large amounts?
@Ellias31773
@Ellias31773 4 сағат бұрын
Only 3 channels that I follow and listen carefully. Baldguy, 2is1 & Kitco. Thank ypu for the insight 🙏
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
Cheers!
@fazotakeiteasy
@fazotakeiteasy 5 сағат бұрын
Do you see yourself shifting from your Gold and Silver allocation (selling it) and buying Bitcoin instead?
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
No. I own more than enough Bitcoin already. I am comfortable with my long-term position there. If Bitcoin comes down a lot - I could buy more with cash I have.
@TrustGodsmoney
@TrustGodsmoney 6 сағат бұрын
Hey bald guy I'm a big fan of your realistic outlook on markets. I'm just curious, have you ever done a video on Silver scarcity? I've been wondering how much is left in reserves around the world. I heard the United States geological survey estimates there's only about a 20-year supply left to mine out of the ground? Thank you for all you do to put these videos together and taking all the time it takes to respond to subscribers. 🤘🏽
@gerardramirez6320
@gerardramirez6320 6 сағат бұрын
Dam good info 👌 !!!!
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
Glad it was helpful!
@quocbao4243
@quocbao4243 6 сағат бұрын
I just have one caveat to your prediction. If the stock market crashes due to an intensifying war, the metals will continue higher like they did when the war started in 2022.
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
Absolutely - I said that in the video and it why I continue to buy despite slowing down a bit.
@quocbao4243
@quocbao4243 2 сағат бұрын
@@baldguymoney5568 I agree with your strategy of continuing to stack, but in smaller quantities as the price moves higher.
@phx4closureman
@phx4closureman 6 сағат бұрын
*If it goes down, I'll just buy the dip!*
@Gold10Grand
@Gold10Grand 6 сағат бұрын
Hi BG. Question. What do you see upcoming for premiums both short term and longer term? Do you have any charts showing average premiums for both G and S?
@russelbrown6275
@russelbrown6275 7 сағат бұрын
I hope I have some unspent fiat “Dry Powder “ 💥 when this happens 😮
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
I think planning for that makes sense.
@NateK-fr3td
@NateK-fr3td 7 сағат бұрын
Another fantastic video. I know I have said it before but it very refreshing to have educated opinions and not the emotional the world going to end scenario.
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
Thank you!!
@russelbrown6275
@russelbrown6275 7 сағат бұрын
Powell is SCHILLING FOR THE DEMONCRATS FOR ELECTION !!! THIS MARKET IS FAKE 💩
@RealityTrailers
@RealityTrailers 7 сағат бұрын
XRP!!! Crypto Hulk knows.
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
I am not a fan of XRP - but best of luck with it.
@richardlove4287
@richardlove4287 7 сағат бұрын
Gold may drop 5% max, then skyrocket very shortly afterwards, because back in the 2008 crash gold wasn’t a tier one asset like it is now, China, Russia and India weren’t buying and the central banks weren’t stock piling gold. Gold will be rock steady in a volatile world.
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
Pullbacks have been shallow and there are good argument that support that point of view. This was to assume the worst case as I see it.
@fasteddy6170
@fasteddy6170 7 сағат бұрын
I find it Funny when people say Im Buying GOLD or SILVER lol Like I tell THEM Your Changing Currency to Money ...THATS the Problem people think THEYare actually Buying Money so HILARIOUS ...You should feel Blessed that YOU can still Buy GOLD & SILVER with YOUR Money .
@cathypiscitello3369
@cathypiscitello3369 7 сағат бұрын
Do you think We are going to have a gold or silver backed dollar soon? Where do you sell your silver?Lets say if you got it from a mint as heavy as it is curious?Thank you. And also gold is the best place to sell gold?Especially if it increases significantly? Thank you.People are still referring fiat dollar as a reserve currency.We've gone off that correct? Is in march of this year. Do you think the IQD will RV? Thx
@fufubass
@fufubass 7 сағат бұрын
Hey BeeGee, I think the technical analysis calls for $2750 then 40% correction to $1650 (let's say 1800) then the leg to $3000+
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
40% would be unprecedented. Let’s see though. Would be a great opportunity.
@paulwilson7622
@paulwilson7622 8 сағат бұрын
G is priced in USD Wall St has monetised everything. In my opinion they, like the Gov, have severly abused their position have been corrupted! A rising price in G is as a result of a failing currency (USD)
@clkgroup6367
@clkgroup6367 8 сағат бұрын
BG - another rational presentation - thank you. Did see today via Andy Schectman that the BRICS President announced their new currency would be backed by 40% gold.
@paulwilson7622
@paulwilson7622 8 сағат бұрын
Applying the 1980s model for inflation assessment, the US rate should be about 10%, not the talked about 3% that the Fed & Gov go on about today. Personally, I don't see anything that has gone up by just 3%! If you go back to Jan 2021, EVERYTHING HAS GONE UP by about 25% , on average!Bidenomics , and soon possibly Harrisonomics, it will get worse, MUCH WORSE!
@braininavatnow9197
@braininavatnow9197 8 сағат бұрын
Given industrial demand and inflation I really don't understand how silver could go down to $22 an ounce. I'll listen to the video again when I get a chance.
@SeanBerner
@SeanBerner 8 сағат бұрын
I appreciate your honesty and insight on your channel 👍🏽
@baldguymoney5568
@baldguymoney5568 2 сағат бұрын
Thank you! Some don’t 😂
@tictaclimo7937
@tictaclimo7937 8 сағат бұрын
What do you expect the price of silver on 2030 please I need honest answer…!?
@dfaval12
@dfaval12 8 сағат бұрын
Bald Guy - you are amazing and I want to subscribe, but at 77, I need some Econ 101 to keep up with you! OK, I have seen all the videos claiming Silver is going to $50/oz, 100/oz, 300/oz and more... just ask Bob Kiyosaki! Gold is going to go through the roof too! So let me ask a question that no one seems to have a definitive answer; What do we do with our silver and/or gold if it takes off and reaches these values? Take it to a coin shop? Nope, the coin shops will likely shut their doors with all the people wanting to "cash-in". Banks? Can we use the Gold or Silver to pay off our homes? Nope. Grocery or department stores? Nope - as an oz. will most likely be too high for them to deal with and SHTF hasn't hit us just yet!. So, could someone please tell me how we benefit from Gold and Silver going to "the Moon" in value? BTW, if we do have a totally SHTF, I do have small amounts of Silver to handle small transaction... just asking about the supposed Big Event! Please explain somebody... why are we spending so much on precious metals? ... how do we use them to protect our "wealth" as it's advertised by the big Gold/Silver companies! Just askin!!
@elenawalker3746
@elenawalker3746 9 сағат бұрын
Interesting to see a recent article put out by Forbes India listing the top 20 countries with the highest gold reserves with US on top with 8,133 tonnes yet Australia missed the cut surprisingly as we hold 17% of the ESTIMATED world gold reserves with 9,500 tonnes.
@coreyrawlinson2236
@coreyrawlinson2236 9 сағат бұрын
But anytime you can doesn’t matter the price. You could wake up to 25k gold tomorrow after our trusty US government revalues it in the middle of the night the same as they done in the 1930s
@baldguymoney5568
@baldguymoney5568 9 сағат бұрын
Thanks for watching and commenting!
@robertsattler8201
@robertsattler8201 9 сағат бұрын
Singapore price is higher than London - so there is no set back: Asia will buy like mad if it goes down a bit!
@habgeVRL
@habgeVRL 9 сағат бұрын
Baldguy seems to have forgotten about the impact of the two ongoing conflicts on gold, which might also trigger a third world war, as well as the introduction of the new currency by the BRICS. Clearly, a new global order is about to emerge and his analysis say nothing about that in terms of gold and silver. Surely gold could follow history patterns, why not the recession in Germany just before the 2WW? I believe we are almost there, just it will be 3WW.
@baldguymoney5568
@baldguymoney5568 9 сағат бұрын
Haven’t forgotten. In fact - I cited that as the main reason I keep buying.
@JBruv1
@JBruv1 9 сағат бұрын
The way you explain these concepts are great. Thanks bro
@baldguymoney5568
@baldguymoney5568 9 сағат бұрын
Thanks for the kind words.
@chadwolfeschledgelsteinhau9697
@chadwolfeschledgelsteinhau9697 9 сағат бұрын
Gold standard coming. Dont be without gold at this time! Period,! Dont be without when its 7 8 9 10k per oz!
@rodie1969
@rodie1969 9 сағат бұрын
Thank you very much !
@thousandaireradio3199
@thousandaireradio3199 9 сағат бұрын
👍
@saleemnoorani5987
@saleemnoorani5987 9 сағат бұрын
How much physical gold out there to be purchased globally? If there is too much upside why all of gold never disappear for markets... Why there is no shortage of physical gold ?
@nicholaswood1301
@nicholaswood1301 9 сағат бұрын
How can we move gold / silver, from country to country, without drilling holes in it to wear around our necks ???
@baldguymoney5568
@baldguymoney5568 9 сағат бұрын
I got on a plane and flew with it. I declared it at customs - explained where i got it and why I purchased it. It was very easy. Just check relevant customs websites to make sure you know what and how to declare.
@omensix
@omensix 10 сағат бұрын
Nothing you say- will matter- I will still die indigent.
@viperx7262
@viperx7262 10 сағат бұрын
I find myself not caring about the price of gold or silver. I watch channels like yours for enjoyment and educational purposes but I often wonder how venerable of a position people leave themselves when they're stressing out over every dip. These are hard assets they're not going to stay down forever its just a matter of patience.
@baldguymoney5568
@baldguymoney5568 9 сағат бұрын
I couldn’t agree more!! I try to do videos like this to ease people’s fears. Gold and silver should be held from a position of confidence - not fear!!