78-Year-Old Bullion Dealer DESTROYS Dave Ramsey on "Investing" in Gold (and Silver)!

[@YankeeStacking]

NOTE: This is an excerpt from my September 5th interview with Tim Marschner of the Coin and Stamp Shop (info in the description below). It's intended for those who could not join us live and/or want to watch a more condensed version. PLEASE LIKE THIS VIDEO IF YOU WANT MORE STUDIO INTERVIEWS WITH TIM!

[@raymondpaterson5719]

People are making millions in the stock market because of AI which is going to happen like it or not !This is a once in a lifetime opportunity

[@JM-si8xr]

Rockheads don't understand what a true asset is. Ramsey is a stonehead or rockhead and not very bright.

[@JM-si8xr]

I cannot listen to Ramsey because he is an idi..ot!!

[@nickelstacking2023]

Ramsey lives in the past . He think real estate will go up forever . He thinks the US can not fail even with spending more than what you are taking in. The US dollar will always be in demand . That all countries must use the dollar . That all countries are at the mercy of US. I doubt if he really believes 2008 happened . The Stock/Real Estate guys are all like that.. They all think metals are for conspiracy nuts.

[@nickelstacking2023]

I know someone that bought gold at $179 to $250 , sold in 2011 and bought his own island.

[@Sarnarath]

Why are banks around the world starting yellow rock collections?

[@edb3877]

TRADITION! lol

[@dmo7815]

It said when thees country’s get off the petrodollar ($0.03 ) gold will be revalued. This is how they will payoff their national debts.

[@RPGoob]

Great question. If gold is a useless yellow rock as Dave Ramsey describes it, then why are central banks all over the world stockpiling it at record levels?

[@fmg4537]

@@dmo7815Where did you hear this? I’d love to look into it. Thanks

[@bbustin1747]

@@Sarnarath no has ever accused or implied Dave Ramsey of being part of the Mensa society.

[@WrYSVrZrtr]

"Gold is money. Everything else is credit." -JP Morgan

[@edb3877]

And old JP knew what was and was not money.

[@leethomas9549]

Did JP Morgan make his money buying and holding a shiney metal, or building and investing in his business

[@TeaTephiTrumpet777]

Exactly- Ramsey makes me sick he doesn’t help anyone but the most unlearned about what a bank account even is.

[@8Pointbuck]

MONEY. Gold, silver, and some other less precious metals, in the progress of civilization and commerce, have become the common standards of value; in order to avoid the delay and inconvenience of regulating their weight and quality whenever passed, the governments of the civilized world have caused them to be manufactured in certain portions, and marked with a Stamp which attests their value; this is called money. (Bouvier's Law Dictionary 1856 Edition Letter M) Ramsey you are wrong!!! Money is a medium of exchange. Credit is a medium of corruption you freaking rock head.

[@deker0954]

Money is money. You use it to buy gold trinkets.

[@Nsx234]

The US CONSTITUTION says GOLD and Silver are MONEY!!!

[@JosephGoebbels-z4f]

So does 6,000 years of monetary history.

[@iamgabriel5823]

It says gold and silver are the ONLY money.

[@jake8077]

did it say something about 3/5 of a person at some point??? just saying ... also something about killing bears with your arms .. i havent read it for a while ..waiting for the movie

[@tjmmcd1]

This is FACT. However, the U.S. Constitution doesn't mention FIAT money or who determines the VALUE of gold and silver relative to any nation's FIAT money. Truth be told, the CREATORS of fiat money are the same people who determine the value of gold and silver relative to fiat money.

[@stevenmontplaisir3541]

I didn’t know Ramsey is a moron . 6,000 years of history backing gold as a store of value.

[@vernondavis561]

If gold and silver are worthless rocks, then why is every central bank and nearly every commercial bank acquiring and hoarding it in their vaults?

[@WarringHostMakinSatanToast]

Come on, Veron, you're using common sense now...that can't be tolerated.

[@jacobsweeney2330]

Banks are pure criminals

[@darthrubik8384]

Name one and cite your sources 🤡

[@vernondavis561]

If you would bother to do a simple Google search you will find that JP Morgan/Chase Bank N.A. Openly admits that it currently has over 600 tons of gold bullion.

[@mattfoley7881]

If I want to get out of debt (I have none), I listen to Dave Ramsey. If I want to invest in a diversified manner and build a legacy for my kids, I listen to myself.

[@VainakhQuranites]

Dave is wrong when it comes to debt too. There is good debt and bad debt. He doesn’t tell you this.

[@MJ-ge6jz]

Gold is insurance without monthly premiums.

[@YankeeStacking]

Well said! 👏🏼

[@edb3877]

Gold premiums are reasonable and are 1-time payments.

[@akshonclip]

Not yet anyway. If tax on unrealized gains gets approved…

[@ztp2130]

@@akshonclip Taxing "unrealized gains" would yield an interesting political result if they applied it to people's personal residence.

[@Tchild2]

@@akshonclip It won't get approved and you can sell up to 25 ounces of AGE with no reporting requirement.

[@theraptureisnearbelieveinj448]

I think Ramsey is secretly stockpiling metals. 😂

[@bmw9mm]

Golden Rock😂

[@edwardcairejr.3599]

Ramsey lives in Bedrock.

[@frankleone7685]

Ramsey is a clown

[@johngallati8164]

I AGREE

[@AlanThomas-hp3fn]

Bet Ramsey has a lot of gold and 20 years shelf life of survival food medicine and piles of ammo and night vision equipment in his big radiation proof air filter family bunker.

[@dustinmiller2775]

Dave Ramsey is a gatekeeper of the financial paper tigers.

[@SirRocalot]

Well said

[@edb3877]

Tigers? More like Pussycats. 😉

[@WilliamHolden-t5g]

@@SirRocalot Definitely so.

[@psyience3213]

just look at his wiki page, he's the son of the extremely wealthy real estate developer. Most of these rich gurus (if not all of them) are just trust fund babies that didn't squander the wealth that was given to them.

[@auntiefiat9769]

And he does not know the difference between a mineral and a metal? Yikes

[@PeaceandQuiet4]

They keep saying gold isn't an investment, but I know of someone who bought a bunch of gold in 2006 for $600, then sold it all in 2010 at $1200 for a down payment on a house. And now gold is roughly $2500. Sounds like an investment to me?

[@joemills3410]

It took 2 to 3 silver dollars to fill my truck up in 1990. Today, I fill up a newer truck with 2 to 3 silver dollars. Store of value over the long term.

[@darthrubik8384]

Most trucks take gasoline these days.

[@joemills3410]

@@darthrubik8384 Not mine. I can go coast to coast on a monster box:-) Wish I had one.

[@kellyweaver1389]

I love when Tim rolls his eyes 😂 that was a great live

[@gotsilver77]

I lost my business, rental house and my personal house with 5 extra lots in 2007. The banks repo'd my houses, and then they got 700 billion dollars from the taxpayer . Such fraud. Since then, all I've bought is gold, silver, platinum and cryptos. 100% own everything I have. Best decision I've ever made. I'm set for retirement.

[@tjmmcd1]

Try going to the grocery store and buying food with gold or silver. Try making a car, rent, mortgage payment or paying ANY debt with physical gold or silver, (aside from receiving a coin's face value). Physical gold and silver is USELESS, until it is FIRST converted to fiat money and as most of us realize, good luck with even getting spot price.

[@gotsilver77]

@tjmmcd1 do you even have a clue? Why do you think "you buy" goods with fiat currency? Because that currency( debt note) can be converted to real money. It's not fault the masses are ignorant to what money is. I can't covert my debt notes fast enough into money. When the paper dollar falls, good luck trading them in for anything other than kindling.

[@edb3877]

@@gotsilver77 Fiat currency is for spending, PMs are for saving. Yes, it's really just that simple. IMO, it's not a crime to be ignorant but it is a crime against ourselves to stay that way.

[@LizaJane84]

Ditto🎉Right there with you!!! PMs are physical security & not paper coupons until they expire via the govt bankruptcy

[@Carman-2012]

@@tjmmcd1 Well its who you know !! I can purchase a half beef for a half gold eagle and a dozen eggs are 2 shiny dimes 👍

[@manycoup]

The last person to say “It’s a ROCK” that smugly was Goliath.

[@YankeeStacking]

😂🤣🤣

[@beagrateful431]

😂

[@serenitypeaceandcomfort3669]

Boom!!

[@jeoinaforest]

You win the internet today🎉🎉🎉

[@brentsapp2550]

😂

[@missinformed4269]

Happy that my “rock collection” has appreciated like 33% in dollars over the past 12 months.

[@STACKYCHAN-u1f]

ME TOO!!! HA

[@AP-ow5vu]

It's going down as we speak and I'd say about to go down 10-20% over the next 6-12 months.

[@MrPOPSZILLA]

@@AP-ow5vu YES

[@chrissalley9468]

Its scary the amount of people that don't own gold and silver. This is going to end badly

[@SonnyCrocket-p6h]

ramsey understands gold VERY well. He understands that if you buy gold, you wont be buying real estate or stocks that he want to SELL to you. Never put off as ignorance what can be shown to be avarice/evil intent.

[@Invaderman440-pn7nb]

Yep, the affiliate programs make a killing for him. He once said that in the last days, "people will cast their gold and silver in the streets". The Bible does say that about a specific blasphemous dominion, before Christ's return. I don't live there, and will never visit there, so who cares! Other than that one time, Scripture fully supports gold and silver as money, and tells Adam and Eve where to find it in Gen.2. See also James 5 for what happens to people who corrupt gold and silver for their benefit. Amos 8 showd what happens to those who tinker with the man-made money supply for their benefit. Dave Ramsey should read his Bible.

[@strattuner]

YEAH he's something,but let the buyer beware,some people are just thick as a brick,they'll argue with a mile post

[@meddlehedd1194]

@@go4it129 Really? Gold is the best performing asset class of this millenium. It has blown away the S&P, oil, real estate...not the Nasdaq but that's really just Apple and Nvidia. Being a stock picker has been the only way to beat gold in the last quarter century. And I bet there are many more losers than winners when it comes to stock picking. And what is your after tax return on your retirement funds? How much will your kids get?

[@tammyturowski6703]

Digits on a screen. Its all fake. Good luck in cyber crash power grid outage​@@go4it129

[@rotaryenginepete]

@@go4it129 the fact that you think he is comparing "Bible analogies" is a strong indicator that you also need to read your Bible.

[@frankdisilvio9131]

Ramsey is so wrong. Ramsey should try reading Article 1 of the Constitution.

[@foolsleadtheworld578]

Ramsey should just try to read in general 👍 he is a peabrain

[@larrybulthouse455]

Clowns like Ramsey know nothing of our Bill of rights ,the constitutional convention ,or the anti federalist papers just like our politicians

[@aloksrivastava7938]

The way Ramsey screams "NO," and tries to stop the man from investing in Gold, he reminds me of a kid who has his candy taken away from him. His eyes tell that he's clearly lying when he says the only gold he has are his cuff-links.

[@doctordetroit4339]

Dave is a rock...he declared BK and now gives advice...a boomer con who simply tells you stop spending money you don't have (WHAT A CONCEPT!!).

[@my3dviews]

Gold is an element, not a rock. A rock is never just a single element, but a mixture of many.

[@SirRocalot]

And not a Rock BUT A METAL, SO IS SILVER THEY'RE METALS RAMSEY!

[@LatimusChadimus]

@@my3dviews gold is metal, not a stone or crystal

[@my3dviews]

@@LatimusChadimus Never said it wasn't a metal. I said it is an element, which it is.

[@aloksrivastava7938]

Clearly, he wasn't very attentive in chemistry classes. He's confusing gold ore with gold metal.

[@awakenotwoke4830]

Au, a element, 79 on the periodic table. What a clown this guy is

[@treebobjoe]

When I heard "Gold is risky" my eyebrows literally raised. More than 99.9% of purchasing power has been lost compared to gold since the decoupling.

[@DanVilleneuve]

I so enjoy these conversations between you and Tim! You both are spot on per usual. Dave Ramsey is stuck in the 1980s.

[@willa2365]

The "up and down" of gold is a measure of the CONFIDENCE in fiat currency.

[@russjordan243]

Dave Ramsey fails to acknowledge the fact that gold and silver are heavily manipulated downward over the last 40 years, while the stock market has been heavily manipulated upward. Once true price discovery has been reached on both, we will see where we are all at !

[@edb3877]

Don't know about you, but I'll still be rich! 😀

[@melodiefirth2224]

I have a yacht and a fishing rod .... 😂​@@edb3877

[@RealLifeFinance]

An ounce of gold and the SP500 always meet. Whether one goes up or one goes down. I look forward to this event occurring again.

[@Michael-uc2pn]

Mining techniques have greatly improved over those 40 years, I don't think all of it can be blamed on manipulation by my benevolent benefactors, the Illuminati.

[@78.BANDIT]

Gold and Silver have NEVER been worth NOTHING. Dave Ramsey doesn't think GOLD and SILVER is a good place to put your cash. WHY? If that's so then why are BANKS all over the world buying so much of it? I'll keep buying Gold and Silver thank you. But to each his own.

[@OhYesYes-l6o]

I am willing to bet that clown has plenty of rocks himself, but he is told to be against it publicly. He can't be that stupid. He knows what gold is.

[@SirRocalot]

He's overlooking that because he's an advocate for the elitist agenda and the interests of the masters he's serving

[@edb3877]

When asked that question, Ben Bernanke hemmed and hawed for a moment and then replied "tradition". No one took that seriously.

[@rgarri6396]

The SP 500 index has never gone to zero! 10% average over last 100 years!

[@paratrooperlane7022]

Why are so many governments around the world loading up on this rock?

[@OKCoinStacker]

Ha ha ha ha. I can't stop laughing about Tim rolling his eyes at the get go. Ha ha ha ha ha😂

[@jaredwagner374]

I love this. My brother was a huge Dave Ramsey fan and defends him. Meanwhile I’ve been stacking for years. I simply asked him, “Is Dave Ramsey coming to help us when times get tough? Or is he going to look out for him? Because when the going gets tough I have a feeling that it’s almost every man for himself.” Luckily my brother has woken up and has slowly become a stacker himself! Blessings to you and Tim and all my fellow stackers out there.

[@beckyelliott2871]

Who says you cannot have some of both cash AND GOLD AND SILVER? Do not put all your eggs in one basket? If you put all of your eggs in one basket - WATCH THAT BASKET!!! Most financial advisors say -“DIVERSIFY” spread out your assets to protect your investments!

[@edb3877]

​@@beckyelliott2871 IMO, the value of cash is vastly under-appreciated by investing "pros" because they want us to "keep our money working"... yes, indeed... for them! When we buy some gold or silver or hold some cash, that money leaves their management and is unlikely to ever return. This reduces their income. But it can increase our wealth if we hold cash so we can swoop in and scoop up some real bargains during a recession, hold them for a year and even less sometimes, and then sell them for a FAT profit. This has been of considerable help to both my former 401K plan and my current rollover IRA. I use some of the distributions to buy more gold and a little silver. Seems like a win-win to me.

[@rmagn54]

If the stock market crashes, gold and silver will still have value but a lot of stocks and bonds will be as worthless as Fiat money.

[@skeezix8156]

If gold is ever worthless it’s the day humans no longer exist

[@SilverDadKnows]

Stacking gold and silver is a no-brainer-those who aren't will regret it when it's too late.

[@jake8077]

you and that crazy guy building that ark

[@rabidninja5547]

@@jake8077 lmfao...go back to your crypto channels son...you dont have the IQ to hold your own in here.

[@edb3877]

Indeed so, and some of those others will be coming to us stackers for "loans". When, not if, that happens, tell them that you gave them that which was most valuable - experience and knowledge - that they refused to use and only now do they want us to fix their mistake. Sorry, but that's not happening.

[@SilverRhino.]

Amen brother!

[@ChezFontaine-l4g]

​@@edb3877loan? Lol...u are delusional....packs of hordes will Take all your precious metals by force.

[@stevejohnson9340]

Gold and silver are a hedge against inflation. Dollar goes to zero. G&S will still hold its value not only here, but world wide. Gold & Silver is a world currency.

[@stevejohnson9340]

@@Patriot-x8y I think your picking fly shit out of the pepper…

[@bobochan4699]

Ramsey doesn't want people rushing to stockpile gold, period. He's one of them bankers.

[@DeportillegalAliens]

Shabbos goy

[@TheSilverSphincter69]

precious metals are not rocks.. they are metals... they are found in and next to rocks but they are not rocks

[@unaffiliated_x9279]

"Gold is just a rock" It's no different then people calling out corruption and being labeled as conspiracy theorists.

[@SirRocalot]

Exactly my point they're metals !

[@SirRocalot]

​@@unaffiliated_x9279touché

[@Laughter_in_da_rain]

Yeah, I thought Dave should know that. He seems so edjumacated. Nice name btw, lol.

[@GillAgainsIsland12]

Semantics. The point is he is belittling gold.

[@danielestrada8835]

The govt told Dave to say peope shouldn’t own gold. Otherwise, they would destroy him.

[@Bo-zr5yu]

Or he wants it's to stay cheap while he stockpiles it. The more people buy it the higher the price goes. Supply and demand 101

[@Bo-zr5yu]

There's a limit on gold until we find the equation to make it in a lab

[@edb3877]

@@Bo-zr5yu They already make diamonds in the lab, yet diamond sales continue to happen.

[@TheSerenation]

​@@Bo-zr5yu Gold is an element. Not possible to create it out of a formula.

[@aloksrivastava7938]

@@Bo-zr5yu It is very difficult to convert one metal to another metal. Even if gold was created in a lab by nuclear fission, it will be radioactive and unfit for any use.

[@rudypoo4370]

Ramsey describing his brain - it's a rock

[@PaEMT_FF9]

💯

[@haroldcromack1065]

Cement head

[@PROGAMING-yu5ef]

Yes Gold has been a sought after for 5000 years. It is beautiful and safe. It goes up and down but will always be valued

[@mattfoley7881]

Dave: “Gold just sits there.” Me: “Oil just sits there. Real estate just sits there.”

[@Blueblackngold]

Oil is needed for the economy. Real estate can provide rental income Nothing wrong with metals, it’s just a poor argument

[@Tyler-mm9cj]

Gold also has industrial uses today, yet had monetary value thousands of years before it was useful in that sense due to its utility as a currency (durable and difficult to mine more). Qualities it still has today, although admittedly easier to mine nowadays. ​@Blueblackngold

[@Kai-or2gt]

@@Blueblackngold almost every electronic in my house has silver. space shuttles, silver. battaries, silver?

[@Blueblackngold]

@@Kai-or2gt case in point

[@TheirsHopewithJesusChrist_277]

Roger? Good copy 😊😊

[@RobinDale50]

wow. I used to think Ramsey knew what he was talking about. "it's a rock!" really Dave?? And a dollar is just a piece of paper and IRA and stocks are just numbers on a page. FFS.

[@jeoinaforest]

The only universe that paper beats “rocks” is rock-paper-scissors….

[@Michael-uc2pn]

You know what else is just a piece of paper? The deed to your house. Stocks represent a share of the ownership and profits of a company. If ownership rights are no longer respected, all the gold and silver in the world won't save you from the anarchy that follows, or government tyranny coming to seize it. Stacking as a hedge against inflation: smart Stacking as a hedge against the collapse of society: you should have stacked ammo

[@raymondlaneader8413]

I never lost 40K in a year with gold but my 401K!!!

[@edb3877]

I "lost" $230k from my 401K plan in 2001-02 and $250k in 2007-08. But I continued to buy cheap shares and didn't lock in those losses by selling. After 8-12 months, ALL of those losses were returned to my account and then some. I once read that investing is a lot like riding a rollercoaster: "You don't get hurt unless you jump out in the middle of the ride."

[@feoxorus]

@@edb3877 I keep my stinkers if for no other reason I can offset my taxes when I need to reduce my burden to Uncle Jo & Camel Toe.

[@briangc1972]

@@edb3877 My roller coaster fell off the tracks and crashed. Stock have, can, and will turn to zero value when CEOs make bad decisions. Unfortunately for us small investors, we find out about those poor decisions AFTER it is too late. You literally just got lucky. Too many of us were not so lucky and lost more than you made. Had I never purchased any stock and simple put my money on a zero interest bank account I would be hundreds of thousands ahead of where I am now.

[@PreferredMethods]

@@edb3877 And human nature means most people do jump out, then. But you’re right. Mental fortitude makes stocks a winning game. If you’re old, though, and don’t know how your family might handle your fortune… I can see gold being a worthy play to leave them to sort.

[@denniskowalski8442]

It won't really make you money in the long run. It's just a hedge on inflation but generally it doesn't loose money. So it's best to have both gold and productive assets

[@DKstacks]

I wish I would have invested in physical gold instead of mutual funds the last 30 years.

[@edb3877]

Not me. I made a lot of money in the stock market and then bought PMs to protect what I had gained. But I had to earn that money first in order to build it up in value via investing. Stocks and gold are two different assets that work really well together. Stocks grow our wealth while gold protects it.

[@waynewilcox4776]

What Dave Ramsey doesn't tell you: >Dividends and interest are meaningless if they are from an outfit that can't afford to pay them. >Unless you have PDF stock certificates in your hand registering actual share numbers to your name, all you own are credits for shares. The platform you bought those credits through must remain solvent enough, long enough, to redeem you out. If the platform goes insolvent, you go to zero. They're nothing more than glorified Chuck E Cheese tokens without the certs in your hands. >Robert Kiyosaki owns more real estate than Dave Ramsey and is wealthier than Dave Ramsey because Robert Kiyosaki understands the relationship between depreciation, amortization and free cash flow while Dave Ramsey does not. Depreciation and amortization add to the cash flow of your operation while reducing your taxable income. Robert Kiyosaki minimizes his own personal exposure to the real estate market. One bad tenant who walks away from the rent or trashes the property will not sink Robert Kiyosaki. However, if your follow Dave Ramsey's advice, such a scenario is guaranteed to sink you.

[@Lane-b7i]

Most of my wealth comes from inherited oil royalties from my great grandfather. My parents always told me, 'never sell the royalties'. Looking at my tax returns in 2018, for example, the income was less than 30k. This year it will be ~450k. This is based on of course, discovery...oil companies drilling on the land, and the price. The income over the years swings WILDLY. There is a saying among 'oil men'. It is this: 'Please Lord, just give me one more boom. I promise I won't blow it this time.' There is nothing you can own, that the price doesn't go up and down, sometimes, drastically. Over the years I have taken part of those earnings to buy gold. Once that oil is produced, it's gone. The gold is still there. Fact of the matter is, making money is hard, keeping it is harder. There is no magic formula.

[@BigJon9595]

Dave is completely wrong on metals.... his is great for debt!

[@HighlyInsulatedDummy]

He is a system player, so there's that

[@the-tribe]

He's a duncecap mainstream talkpiece...

[@pewpewTN]

He is a doofus. Dude just talks about very basic principles & people think he is a genius.

[@HighlyInsulatedDummy]

@@the-tribe the Rush Limbaugh of finance

[@nadinecarson3259]

I agree. He can keep his gold cuff links 😂

[@daleschnitzler3181]

Gold is not an investment; it is a store of value. Gold maintains purchasing power over the long-term.

[@edb3877]

Agreed but then there are investment aspects to it. Like beauty, whether or not something is an investment lies in the mind of the beholder or investor.

[@GillAgainsIsland12]

@@edb3877 Exactly. Just like collectibles.

[@yogichong4603]

"Yellow Rock" Dave Ramsey would probably call Oil "Worthless Black Liquid"...I really pray Dave lives long enough to see the dollar CRASH and the price of Gold soar through the roof!

[@patrickshay8658]

We will see it,AND SO WILL HE!

[@eb937]

And for someone to buy Dave Ramsey's own properties with "yellow rocks"😅

[@longgone9738]

Gold will not soar. Paper currency will head to zero value.

[@gregjohnson4321]

would love to hear what he would have to say if that happens

[@edb3877]

@@gregjohnson4321 He probably won't have a single word to say about it.

[@Asmodai2011]

They talk investors out of owning Gold because it encourages saving which slows down the velocity of money.

[@389293912]

"It's a rock". The proper response is, "All the alternatives are just numbers in a computer".

[@marilynd3996]

Gold is increasing in value because the dollar is going to zero.

[@dmo7815]

For ever 1/oz of silver = $1.00 (1968) now with silver at $30.00/oz the dollar is worth $0.03 $1.00 divided by $30.00= $0.03

[@JuanFlores-n5z4q]

Very true.

[@edmundmcgrath213]

dumb

[@54454tgftfggg]

Someday Ramsey will be heating his house with greenbacks..

[@johnmichaelkarma]

hahaha!

[@jamesborders9841]

Yes or Toilet Paper

[@watthaile2053]

And then I will show him the same respect he shows for us right now

[@AlanThomas-hp3fn]

He will be plugged into the grid heating his house with digital "currency."

[@jake8077]

Gold and Silver don't burn .. so Dave will be proven correct to all those that need heat and fire

[@hollyh9334]

It was a great livestream. I'll stick with Tim over Dave any day!

[@edb3877]

Maybe someone should let Dave know that his beloved fiat currency is nothing more than a debt instrument and we all know how he feels about debt. LOL!

[@CUDA1970Terry]

I view Gold and Silver as a safe way to protect yourself against the upcoming market collapse. Investing in stocks and bonds ONLY, is saying you place your faith in the government, local or world-wide, that it will never lose control. Land investment is a long term hope as well. Both Stock market and land speculation will be worthless if government collapses, remember the Confederate paper money? It became wallpaper for many southern homeowners.

[@billtorres9880]

Tim Marschner is excellent; he is so right about everything he's talking about, I'm with Tim

[@spg77777]

Yes, it's a rock. You can't print those.

[@unaffiliated_x9279]

It's a metal

[@LarsLarsen77]

Yes you can, you dig it out of the ground.

[@richardrbrynerjr.7912]

You can paint them gold, I seen some on commercials!

[@michaelfranks341]

​@@LarsLarsen77 theres only so much gold that can be mined at a certain price. It will cost more and more to mine gold deeper and deeper in the earth.

[@GillAgainsIsland12]

@@LarsLarsen77 That’s not creating. That’s finding.

[@Crosshatch1212]

I started collecting gold at 24 I’m 58 now n I’m laughing better than any my FREINDS pensions .

[@KevinMeehanWhistle]

Yes! 27 and just started

[@xtremelifefitness9524]

you would have been way better off in a mutual fund

[@potterportraits]

Over the longer term, stocks seem to outperform gold by about 3-to-1 so in theory based on statistical data whatever you had you could have potentially doubled or tripled in the average long term stock market portifolio

[@Captain_Green64]

Ramsey’s arrogance is incredible.

[@Freshprankstv1]

Yep if u think that's bad u haven't heard Warren Buffett on gold. If Dave Ramsey or Warren buffet put all their money in gold instead of investments they would be worth 1/1000 they are today

[@onmyworkbench7000]

Dave is right it's not that the *_GOLD_* became more valuable but he is wrong as to Why, it's because the *_DOLLAR_* has become *_LESS VALUABL!_*

[@kenderdine7886]

every market sectors are in an uncertain position, Im looking forward to the US election before making any steps. might opt out of stocks entirely if it crashes. I keep asking when it would be stable given the global situation right now.

[@Iamjacob-x3o]

As they say. Time in the market, not timing the market. Only contribute what you can afford bcos it’s a long term thing. Property & Stocks will dip & peak but they aren't going anywhere anytime soon.

[@Msmelissa-u1w]

Be extremely attentive as we are entering an unusual market economy. That doesn't mean that you can't unravel opportunities in every sectors, you can but you should be considering rewarding options first. It would be a vast awareness to align under a top performer for easy earning picks. I did the same and it works.

[@kenderdine7886]

very well, I got in on multiple sectors myself, I think about adding more to my individual account or is holding off more better for me?

[@Msmelissa-u1w]

right now I’m being focused on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.

[@Msmelissa-u1w]

add Gold and silver as well.

[@mattburton9821]

when ramsey talked my i q leval droped 30 points. Im going tomorrow and get 30 oz of silver to get my i q back

[@cuppacheese]

Based on your spelling and grammar, you’re going to need to recoup a lot more than 30 points.

[@theseedistheword3603]

The "GOLDRUSH!" Nevermind fellas, put your horses and wagons back in the barn, Dave Ramsey says it's just a yellow rock , It's not worth anything, and just sits there...

[@GillAgainsIsland12]

Right. And the Mona Lisa is just a painting.

[@GoldAndSilver988]

Ramsey's not only ignorant about metals, he's also ignorant about geopolitics & world economics. And yes, Ramsey lives at the height of arrogance. Thomas Kaplan is worth several times Ramsey's net worth, and is a very strong advocate for gold.

[@edb3877]

A number of billionaires have said the same thing about gold.

[@hyotis]

Price in 1971: SPX (S&P 500 stock index): Around $95 SPX today: $5733 A return of 60x during that period Gold price in 1971: $33/oz Gold price today: $2646 A return of 80x during that period. Gold did better. Even though it's 'just a rock'

[@joshuaisrael2494]

Ramsey is great with helping inspire people to get out of debt. Dave also built his wealth in real-estate. Other than that he doesn't know much about gold and even less about silver. Gather many people around you for wealth preservation. Ramsey is a piece of the equation but not all of equation. Be blessed out there.

[@daverogers5609]

Gold was selling for $1200 ten years ago. It is at $2500 today. You make the choice.

[@dmo7815]

The petrodollar is now at $0.03 since 1968.

[@meddlehedd1194]

gold is up 800% in the last 25 years. S&P is up 300%

[@Ejthomp63]

@@meddlehedd1194Say what?

[@meddlehedd1194]

@@Ejthomp63 what is your question exactly.. Jan 2001 gold was $250

[@hugohabicht9957]

But those 2500 are worth less than the 1200 then 😂

[@coolbrothergee5401]

@yankeeStacking and Tim, you have no idea how helpful THIS VIDEO has been for me today. Thank you 🙏 🥇🌕

[@stevecariggillio4139]

To me, the bonus is that when the stock market turns to dust, the gold will still be a shiny yellow "rock" lol

[@ef7480]

It's a 'rock' that everyone agrees to measure value against. The US has had this privilege of 'reserve currency' for way to long whilst exporting inflation of the paper tokens.

[@HelosWorldRailroadReseller]

I have traveled to multiple countries and none had any problems with US Dollars. Dave is right on that.

[@OurHeroXero]

_It's just a rock_ Yeah, well...that _rock_ is a tier one asset...so...

[@GillAgainsIsland12]

And a Picasso original is just a painting.

[@sardonic_smile_8752]

00:13. That rolling of the eyes as if to say, "oh, for fucks sake..." 😂😂😂 Thank you, Mr. Marschner, for your intellectual honesty. And to you, Yankee Stacking, for these interviews.

[@erikjanthes]

Now we are starting beef with Dave Ramsey... Gotta love Tim.

[@eb937]

As many should. Dave Ramsey is the Jim Cramer on personal financial advice.

[@foilrider2000]

Peter Schiff, is not a fool. Central Banks are wrong to buy gold, hu, give me a break 😮

[@emrysmyrddin8279]

I see your second amendment silver round on the right. I got a few of those and love the detail and font they used. Beautiful coins. Got some 1.25 oz Guinea coins (2020 scepter Guineas) at SPOT recently, and im in love with the work they put into the security features/details. Theres something special about a well designed silver coin.

[@jimjones8268]

I bought a bunch of gold back in 1999 I pain 291 bucks an oz delivered and some old 20 dollar gold at 300 I am very happy

[@krepd1]

I’m excited to watch this. My husband has said several times after we watch videos about silver stacking, “I’d like to know what Dave Ramsey thinks about this.”

[@erikjanthes]

Ramsey is the Jim Cramer of financial advice. Do the opposite.

[@eb937]

We need an inverse Dave Ramsey portfolio!

[@edb3877]

@@eb937 Most of is already have it! 🙂

[@JBeck556]

Well, I love my yellow rocks.

[@danielbbq]

These are the days where gold assets are more important than dollar assets.

[@zebcherry]

It's supply and demand remember when they taught us that in fifth grade!! when people buy gold a lot of gold the price goes up, and when they don't it goes down!!!

[@keithfrazier2558]

First of all, it's a metal, not a rock. Secondly it's not just demand that brings the price up. The devaluation of the dollar also brings it up. In truth it's not the value of gold going up, but rather the dollar going down because the government spends too much.

[@ksw501]

Yup

[@marauder600]

Tim's experience and insight are far more valuable to me than Ramsey blowing his hot air.

[@strangevisions5162]

which one is trying to sell you gold and silver?

[@mateocafe45]

Gold and silver are not an investment. It is a hedge against inflation and allows one to maintain their purchasing power.

[@rabidninja5547]

gold and silver are COMMODITIES lmao. What do you do with COMMODITIES? lmao. yeah....they ARE an investment IF you treat them as such and put in the same effort you would any other investment IF youre lazy about it, yeah you can just use them as a hedge.

[@RealLifeFinance]

I switched from stocks to metals mid 2010s. They are both up 150% since then. But I sleep 10x better having metals than stocks.

[@Useless_Knowledge07]

I guess Dave Ramsy didn't see Ben Bernanke in 2012 sobbing like a kid whose puppy died!

[@ztp2130]

"Gold just sits there" --> Doesn't an insurance policy, that is paid up, just sit there?

[@YankeeStacking]

Yep!

[@fookbia8875]

I am a real estate guy. It's good to be diversified into all things. Real estate, equities, and gold. A person that only buys gold their entire lives will only have that same amount at the end of their lives. You need to take risks in real estate and/or stocks to create wealth. Then, store that wealth with gold on a monthly, quarterly, and/or annual basis. Then, you transfer that gold to the next generation. Rinse, wash, repeat.

[@YankeeStacking]

@@fookbia8875 I’ve been a real estate guy myself for over 16 years. Primary via Private Mortgage Lending (PML). 👌🏼

[@SkipRawls]

Real estate depreciates,upkeep costs and houses eventually rot into the ground

[@YankeeStacking]

Indeed. My real estate exposure is through private mortgage lending (PML). No tenants to evict, no depreciation, no upkeep, no rot. #BeTheBank

[@markmatthews9494]

Simply put, keeping gold is better than keeping cash. Cash always decreases in value. A dollar is always worth a dollar but its buying power does nothing but decrease over the years.

[@rwaa6931]

Gold is money. Everything else is credit.

[@freekingawwsome]

Watched the whole video - great information thank you for the share

[@sldghamr1]

that's right...Gold is just a rock...AND WATER IS JUST A LIQUID!!!!

[@jackcomber1087]

My rocks have more than doubled. Can't say that about my 401k or my cash.

[@RELO6]

Try to sell them

[@jackcomber1087]

No problem, i can take them to my local coin store ​@RELO6

[@jackcomber1087]

@@RELO6 also, there expected to be worth 3k within a year. The fact is the dollar is losing value and has lost 97% of its purchasing power. Gold hasn't lost purchasing power. Say what you want and try to disprove me.

[@RELO6]

@jackcomber1087 to sell, you have to have a buyer, I hope you can always find someone willing to buy

[@Jonathan-qi5ob]

If your 401k hasn’t doubled you need to pay more attention to it.

[@opnek6593]

I used Ramsey’s debt strategy which works great, but his ideas about PM’s are way off base. I invested in most of my PM’s and since I have 2 1/2 x on silver and almost 2x on gold. I could not be happier. The reality is the PM’s are much easier for most to get into than property as he suggests.

[@edb3877]

What Dave seems to gloss over is that there are a multitude of laws and regulations that can be a right royal PITA for the property owner. Also, has Dave forgotten all about the collapse of the US housing market in 2007-08? Lots of house flippers never recovered from that. I never got into that scheme but I know a couple of people who did and it scarred them for life.

[@Gregorio-27]

Well Gold is magical! One of its many outstanding qualities over centuries.

[@GlennHornbuckle]

This was one of the best informative video. Keep up the great work.

[@connorg7930]

He's also forgetting the emotional rollercoaster the stock market is compared to gold. How many people have panic sold during crashes

[@WTU208]

Gold $+571.38 in 12 months. Just a rock - yeah right.

[@edb3877]

Yeah, it seems to escape a lot of the anti-gold types that one can always create their own dividend by selling a few profitable ounces.

[@jimlippi4001]

I have a short story. When I was a young man in my early twenties maybe 19. I had $10,000 to invest through hard work and savings I learned from my father. I wanted to invest in gold. This was the early stages of the internet. I could not find anywhere that I could get the actual gold in my hand that was certified. It was $175.00 per ounce at that time. I was young and easily LED. I ended up being talked into investing that money into online stock market. When that just became a thing. That money disappeared to a third of what I had before I pulled it out and lost half of it. What an awesome retirement plan that would have been if I could have only figured out how to buy that gold back then.

[@deepgreatfalls9640]

Just do the opposite of whatever Ramsey says and you’ll do just fine.

[@briankaelin7728]

True story

[@timmatherly5080]

Ramsey has valid financial advice. Except when it comes to PMs.

[@ronaldmitchell3665]

His forte is debt reduction process…👍

[@edb3877]

@@ronaldmitchell3665 Which means nothing to those of us who never had a lot of debt and who now don't have any debt.

[@whatadqr1]

I hesitantly bought some gold not that long ago when I already thought it was too high, and it's gone up almost 50% since.

[@ronaldchew4147]

Gold and silver are precious metal. Not rock

[@ericl452]

Fun facts. If you deposit dollars in a bank, the money is no longer yours, it is a loan from you to the bank. The bank balance you see in your statement is an IOU from the bank. If you buy stocks or mutual funds (a group of stocks), those are also not owned by you. Stocks are owned by a holding company unless you have the paper certificates, which companies no longer issue. The stocks you see in your brokerage account are an IOU. Also, those stocks held by the holding companies are loaned out for shorting, so even the holding company may not have your stocks in their possession!!!

[@johncollins719]

In 2002 I bought a used Z28 convertible for 28K to impress a girl. The girl and the car are long gone. if I've I had put that money into gold or silver I'd have over 100k now.

[@meddlehedd1194]

If you bought a house the girl and the house would be gone too lol

[@Lovemy911]

Or the S & P 500.😮😅

[@meddlehedd1194]

@@Lovemy911 Gold has doubled the return of the S&P 500 since 2002. Gold is 10x. S&P 500 is 5x

[@Lovemy911]

@@meddlehedd1194 thank you for taking your time to correct me 😂.

[@meddlehedd1194]

You're math understates your point. Jan 2002 gold was $280/oz so you would've bought 100 oz. Today that's $260,000 not $100,000. Sorry to bring that up LOL

[@hyzaar99]

The same people who say "gold is just a rock" get real defensive when you tell them "crypto is just a bunch of numbers"

[@GillAgainsIsland12]

And depend on electricity for their existence.

[@aloksrivastava7938]

@@GillAgainsIsland12 And it can't be inherited by your future generations, unless they know the pass-code.

[@RPGoob]

Dave doesn't. He's no fan of crypto either. He loves dollars.

[@prettykitty5416]

I bet if they found a 22k gold necklace or bar just sitting on the ground they’d pick it up with no hesitation🙄. But it’s “just a rock”😒

[@Michael-uc2pn]

​@@prettykitty5416sure, but they also wouldn't take all their money out of stocks to go buy gold necklaces. The whole point is that it just sits there and retains its value. It doesn't produce more gold over time, if you held an oz for 50 years you would still have 1 oz of gold and be none the richer, yes the value will have gone up in terms of dollars, but so will the value and cost of most everything else you might want to use it to buy. People don't like it as an investment because over long periods of time, properly managed income producing assets are generally going to beat it massively. "But gold is up 30% this year" people will say. Yes, that is impressive, but my stock portfolio is up 130% over the past year, because some of the companies I'm invested in have made money hand over fist. I won't maintain that rate of return in the long run, and neither will gold, but historical data shows the stocks will win, and that's for a good reason, the companies they represent produce value, all gold does is retain its value.

[@akshonclip]

This is why the Three Wisemen didn’t bring stock certificates as gifts for Jesus. 😂