Alarming News for Gold and Silver

There are a number of unrelated alarming and interesting bits of data that might not seem as interesting or alarming as the current spot price of gold and silver - until you put them all together.
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[@akesha4138]

What we are really seeing is not only a spike in prices, an additional spike in volatility. This means a pullback could be just as dramatic as recent price increases. Do not count on a straight line up.

[@jeanpaulfelix4095]

Don't even hope for a price spike. Think of it as insurance against collapse. The longer they keep this ponzi together the better. Be careful what you wish for.

[@marceldekker2149]

It will go parabolic and faster if people no Whate is going on Only 1 % nowe. Debt go faster and faster Al printing dollars coming back to the banks white big big losses.Small banks are falling.thate debt comes on balance of big banks Domino is starting 163,8 million debt a minute Unbelievable

[@ArneHiga]

...in which case the pullback in silver would be even more dramatic than Gold. Given the past performance of Silver price drops I'd be wary of stacking too much of it. More like if Silver goes up, then sell a portion of it & buy more gold because in the long run its price is more stable.

[@marceldekker2149]

Every week Parabolic up

[@edkinj888]

I need me some of that pull back! Can’t justify a purchase right now 😢

[@DominoStorm1]

At these prices my focus is no longer 1oz coins but 1/2 oz gold coins.

[@ozyrob1]

​@@jimscherer8072Everyone understands that but increasingly as gold strengthens fractional gold is making more sense.

[@jamesdoe3713]

@@jimscherer8072 not if you buy on the secondary market.

[@GraceT-y4g]

YELLOW Gold... @o@

[@DailyMetalsMarketReport]

Well... One reason to go back to that 'barbaric relic/shiny rock' monetary system from over 100 years ago would be it worked pretty well for 5,000 years before we switched. Love your channel m8. 👊

[@edb3877]

Classic case of ignoring the old, "If it ain't broke, don't fix it" rule. 😕

[@2is1gold]

Cheers!

[@jonathansullivan3089]

yes it did. Remarkably well.

[@mynameisben123]

It did very well but also our rate of technological development was also extremely slow. It’s possible that some of the advancement was a result of decoupling from the gold standard.

[@tyleigh4309]

Millennial here and I opted gold over a traditional 401k I can't trust numbers on a screen that are influenced by fed monetary policies I'll take any buy/sell spread(if there's any) over a 401k withdrawal penalty

[@joshmiller2725]

I would consider stocks too if I were you. S&p500 traditionally has higher returns than gold, although gold has outperformed the last couple decades. Never know what will happen. If the worldwide economy and the dollar collapse, you’ll look like a genius putting everything in gold. But if it doesn’t, you might get left behind by not owning stocks.

[@tyleigh4309]

@@joshmiller2725 I appreciate the insight, my mindset has been risk averse by saving money in gold but I feel I have enough of a safety net to diversify and take some risk in investments. Thanks again

[@Fireball821]

Think about the immediate cut off the top when paying fees & taxes for early withdrawal. It pays to stay diversified. I'm somewhat of a millennial myself, and I trust gold & other pms to help me preserve my wealth better than allocating elsewhere. It's a strange time, as always.

[@bhargi4692]

Millennial here also, I only have metals, crypto, and property. No 401k

[@WorldMoneyWins]

The government wouldn't go back to a gold standard. They wouldn't be able to print money anymore. Fiscal responsibility? Nah..... Janet go Brrrrrr....

[@TheQuickSilver101]

That's right. There's no incentive for the US to go back to a gold standard. They'd lose all their ability to manipulate their currency and politicians wouldn't stand for that

[@edb3877]

@@TheQuickSilver101 A time very well may come when they no longer have a choice in this and that will be when it's either a gold standard or absolute national ruin. Yes, I know, some of these idiots will choose national ruin... but only if they can blame it on someone else. 😕

[@Mustafag20]

If the USA does not return to the gold standard, the dollar will be garbage anyway, so the world's countries switch to the gold standard. If it doesn't go under America, there will be cheap labor. Eastern countries can work for 1 month for 100 dollars😂😂😂

[@TheQuickSilver101]

@@edb3877 It gives me no pleasure to say that I don't see politicians going back to the gold standard but I believe it's true. I think most in the precious metals community see the way things are headed. Politicians everywhere and especially in the US have some genuinely tough choices to make within the next decade if they want to avoid serious difficulties for their citizens. I'm not at all confident that the political will to do what needs done exists ☹

[@shan4078]

@@TheQuickSilver101 Unfortunately our politicians have used the fact that the U.S doller is the worlds reserve currency to bully other countries and other countries are sick and tired of being bullied. That's the reason for BRICKS. 😖

[@coolsoupy]

Why does everyone repeat 34 trillion in debt? We have over 100 trilllion in unfunded debt !!

[@edb3877]

Why do some trumpet the unfunded liabilities of the future while ignoring the earnings of the future?

[@GimbleOnDew]

100 trillion, according to debt clock is all unfunded government and consumer debt, and not just the federal government

[@janicejohnson1334]

*** Coolsoupy *** THANK YOU .......... Unfunded debt is very serious folks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[@SweetLeavesXbox1]

Credit is made for you to go in dept. It was the plan since credit began. It's so easy to swipe your card and not count your money. Most young adults knowdays don't realize they have no money till there cards tells them so.

[@jurgenpommerenke8150]

Earnings made of new debt?

[@RedeemedPatriot76]

Glad I got what I got.. Praying for those that are clueless

[@edb3877]

Every animal on Earth has its own set of capabilities. With humans, it's the big brain that distinguishes us from most other animals... but only if we actually use it. Considering all the economic and financial info out there these days, anyone who remains "clueless" is doing so on purpose and probably deserves what's coming. I have family members who fall into this group and because of them, I stack extra silver and gold beyond the needs of my wife and myself. I am happy to do this, as I care very much for them and don't want them to suffer deprivation when, not if, the SHTF. While no one knows *when* this will happen, THAT it will happen is pretty obvious.

[@christophermccormick8670]

Born in 1964 so I’m technically a Baby boomer. GET OFF MY LAWN!!! Unless you have bourbon.🥃

[@garyfilippo6080]

I was born in 1942 and I'll also accept bourbon along with a good cigar.

[@2is1gold]

I always have bourbon. 🥃😂

[@grantstanfield6636]

JD White Label has a fantastic taste! Yea for Bourbon!!

[@edb3877]

@@2is1gold It's PARTY Time! 👴

[@edwardhubbard9769]

1963 for me…. 🏴‍☠️

[@Mr1MOA]

That's why I have been trading in or selling some of my foreign silver/gold for US coinage, the last 4 Gold purchases have been all pre-33 Gold. Tax implications could be a big deal if Gold/Silver's value goes where we think it will go in the future.

[@ixsandsxi7938]

I cried so much when I lost all my gold, silver, and firearms in a tragic boating accident

[@marceldekker2149]

Lot of people lost there bitcoins white out a boat accident

[@someoneelse9059]

Well serves yourself right… Everyone knows gold doesn’t float. Me on the other hand being the Good Samaritan that I am. Last Christmas I went down to the local homeless shelter and handed my gold out to all the homeless people. Just hoping I can claim it on next years tax.

[@ArneHiga]

Why did you keep all of your precious metals on a boat? It seems like a very precarious & insecure method of storing it.

[@robertrand365]

sorry for your loss...

[@clarkgardner7175]

Hahaha. When gold and bullion become illegal, this will become a common “accident “. Congrats on being ahead of the curve.

[@intoit1074]

Kinda bummed I didn’t buy another buffalo @ $2000 lol. All mine was bought sub 1700. Regrets

[@ArneHiga]

I also bought most of my gold at lower prices. However I bought a bit more around $2300 per ounce & then stopped. At this point I'd rather not buy much more. Buy silver instead & if its price continues to rise, then cash it in to buy more gold at a later date.

[@trevorhartley9230]

I’m 24 and I have 6 ounces of gold and 435 ounces of silver and 3000 goldbacks. I don’t like fiat money any more than my family does

[@sailfly2869]

I understand your point but then again even if we were back on the gold standard it doesn’t mean that the fiat currency is dead for everyday transactions. To date our fiat currency is still number one, even with the development of the BRICS that is only due to our sanctions that we imposed on countries that don’t follow certain rules. Anyway with the development of blockchain technology has created a new digital currency and even worse is the point system that will grade us in the near future.

[@ArneHiga]

You should cash in a portion of your silver & use it to buy gold if silver reaches $40-50 per ounce because it is currently rising faster than gold. That way you could net yourself some 'free' gold. Not even my advice but that of precious metals expert Alisdair McCleod. Do a search & check out his videos on KZbin. That's what he advised recently & many of his predictions have been accurate.

[@seanoconnor1478]

That's great. Especially for your age. I hope you got some btc also...👍

[@sailfly2869]

@@seanoconnor1478 Actually I’m more into Ethereum and Ripple than BTC.

[@trevorhartley9230]

@@sailfly2869 Right I obviously still use fiat money because I have a mortgage and have to buy food and I do invest into income producing assets as long as they are outpacing inflation, but I only save physical gold and silver

[@juliusstriker4465]

2450 gold, 70k btc, 3500 eth, 32 silver… we’re so so back.

[@linnspencer2210]

No, your $ are just worth much much less as inflation rises more and more.

[@manthing1467]

Cryptos a fiat tool. I'll take the gold

[@yanbaihuzxzxzx]

@@manthing1467 yep cant go wrong with the metal that has been around for 5000 years

[@Coldnose-qv6sn]

Bitcoin has more upside.

[@juliusstriker4465]

@@manthing1467 you can own both

[@simplehillbilly5852]

Im still buying gold but holding on silver

[@2is1gold]

🤜🤛

[@Convoyman2004]

Ditto. Got my 500oz of silver and just been buying gold DCA style for years. Not stopping either.

[@Greg-p2i]

U dont see why we would go to to a gold backed system of 100 years ago? Duh. How about saving the dollar as the Worlds reserve currency ? No other way -including electricity chomping Crypto "air" money . May or may not be possible -but could be a basket of REAL assets including silver, land or anything tangible. Crypto is just another way to print " money" out of a blockchain of thin air. Worth nothing without fools just waiting to sell-and they will... with nobody left to buy.

[@mickj4342]

I have half the amount of silver you have about a 70/30 split,I would have had more silver but for its weight and real estate it takes.

[@Frd4Lf]

I Love Gold and can never have enough. 🏆

[@2is1gold]

🤜🤛

[@Rascal77s]

Are you a dragon? 😮

[@Vicent-gs]

😂​@@Rascal77s

[@abcdefg-z5n]

@@Rascal77s Or a leprechaun.

[@sbentsen2714]

​@@Rascal77s😂👍🏼

[@vip_supercars3652]

Richard Nixon abandoned the gold standard in 1971. The gold standard is not from 100 years ago and since we were taken off the gold standard, inflation has skyrocketed and wages do not keep up with inflation

[@bhargi4692]

Wasn’t that a fractional system? Full gold backed system was prior to the Fed?

[@vip_supercars3652]

@@bhargi4692 the gold standard is $35 is equivalent to one once of gold. The government could not exceed printing more money than they had in gold reserves. Obviously they didn't follow this and when other nations asked for their gold back, Nixon took the United States off the gold standard.

[@bhargi4692]

@@vip_supercars3652 I believe it was $20 until the revaluation with FDR in 1934, then another revaluation took place at Bretton Woods. I think the treasury still has it on their balance sheet at $42 per ounce. Then they were printing more for Vietnam and the gold started being drained because other countries saw what was going on with the printing. So we had several revaluations because of more printing

[@Metalmatte-31.1]

Huge week for gold and silver!

[@bjdottcom777]

Yuuuuuuuuge

[@jeffsurfanderson]

It actually makes me smile that I hear that you're talking about the youth getting into gold buying not all hope is lost and it's great and now we just need them to spread the word

[@2is1gold]

🤜🤛

[@SouthernFryd]

What price does SILVER need to get to where dealers STOP BUYING?? I remember when it reached those crazy highs in 1980 or so, many dealers got burned and said they probably wouldn't be buying silver if it got that high again.

[@jamesdoe3713]

this is not the 1980's. Things are far worse.

[@SouthernFryd]

@@jamesdoe3713 Well, Silver got to around $50 in 1980. Dealers stopped buying and those that did, lost their shirts. My question is, like I stated...when will dealers stop buying silver.

[@tennesseecoinco]

As a dealer there is no such number. We simple lock all large sales in as we go. We do not play the market or hold for re sale on large amounts. This eliminates all risk. Point being if paper is trading at a number we can dump at near that number.

[@mynameisben123]

@@SouthernFryd $50 in 1980 is $190 in 2024. So we’re a far cry from that…

[@BorisLikesBonds]

After getting my first ounce of gold ever a few weeks ago, I restarted my weekly savings to get my next ounce. It will take a while … maybe a year? … but I’ll get that second ounce!

[@2is1gold]

Congrats!

[@Novas_daily]

The signs are showing the end is near

[@kyleschaaf4195]

29 years old here and stacking silver. Been looking into gold but have not jumped into the pool yet.

[@francoissimmer5394]

picsou 😂

[@lancev1026]

Silver and gold and every other metal are extremely undervalued it’s wild wild wild

[@sadddge2067]

Congratulations to the winners! Hf everyone! Gl

[@tinyconspiracy9997]

"The idea of having a non-zero position in gold makes sense either way." -- 2 is 1 (05/20/24) Quality thought and quote right there.

[@justsomeone6835]

Gen X rules and so dose Gold.

[@alexpearson8481]

Ya we really do. boomers had it best of all but if generation Xers made the right decisions we’re safe too.

[@juliusstriker4465]

Gen X rules…. Said no one ever.

[@nichill7474]

@@juliusstriker4465haha, no doubt, i am GenX and those words have never come out of my mouth. But i got gold and silver so maybe after all these years GenX can rule for once.

[@edb3877]

Yes, gold DOES rule and all you young fellers should consider that when a lot of us so-called "Boomers" pass on, YOU will be the beneficiaries of all our unspent gold and silver... plus a lot of other goodies as well. Suggestion: for all you scotch or bourbon lovers, buy an expensive bottle and hoist a toast to us old folks on the anniversary of our passing, in tribute to all the wealth that we passed on to you. 😇 Historic note: There was a time when only those born in 1945-46 were called Baby Boomers. There was a wave of births from all the GIs coming home from WW-II. No one born after that was called a Baby Boomer. The term "Boomer" is pretty much an invented grouping, other than those born in 1945-46. My older sister was born in 1946, so qualifies. My older brother was born in 1945, so he qualifies too. I was born in 1949, so do not qualify. My younger brother was born in 1954 so he definitely does not qualify. In spite of this, the media has concocted this new "Boomer" generation, blowing the whole thing way out of proportion... as usual.

[@dawnfire82]

Ah, Gen X. Whose greatest loves were music, drugs, and apathy, and who are the parents of the stellar success stories that are Gen Z. 😄

[@matthewjones5454]

Rooster! ...wait...

[@christopherstewart9874]

Yeah, the rooster bought gold on the dip. He be crowing now! ;-)

[@2is1gold]

😄

[@colossus8418]

Will always buy, just in smaller increments when it is at a higher price point.

[@davidparker5345]

Born in 1959 and for me gold is NOT all about the price or tending price. Never ever forget it is so shiny and pretty. Ahhhhh my precious gold.

[@2is1gold]

😄

[@2manyhobbies971]

You really like that high relief piece don’t you? I do too!

[@2is1gold]

I sure do!

[@ArneHiga]

I'm starting to buy silver because its affordable & gold has become too expensive.

[@dronetestdaegan]

"expensive" is a relative term. For some it's perfectly fine.

[@ArneHiga]

@@dronetestdaegan I bought most of my gold when it was $1600-1900 per ounce. While it's nice to see it go up, its becoming too pricey. If a person wants to buy gold now, then they should buy silver, hope it rises faster, sell it when it is higher & then use the profits to buy more gold. At this point that's the only way for a gold buyer to come out ahead & perhaps get some extra for 'free'.

[@ingoditrust9544]

Silver is a SCREAMING Buy!!

[@aspiratedstreetwear3295]

Yeah but this guy is a gold bug, and also like some channels seems to think everything revolves around the US economy, meanwhile it's mostly BRICS nations taking control of these markets.

[@Jimmyrig54]

I am somewhat confused. I've been a subscriber to this channel for a while now and I enjoy the content. I am also a man who has shared the channel with my many friends and anyone I happen to meet during the course of the day. My question and the source of my confusion is, Why didn't I win some gold? I don't understand it.

[@2is1gold]

The system is rigged Jimmy. Your KZbin name tells me you understand. 😄

[@bhoward9378]

I continue to buy ASEs and fractional AGEs every month.

[@allansfarm2]

33 here brosky! Haha, thanks for another great vid. Keep up the good work.

[@2is1gold]

Cheers!

[@cliffvanharen177]

Buying but hoping for a dip

[@edb3877]

@@DrSchor Because the desired dip might not come. This is how one hedges their bet on gold. When prices are high, buy less. When prices are low, buy more. Over time, this is a very workable investing strategy, regardless of the asset under consideration.

[@homesteadaquarius]

I'm still buying in safe amounts. The trend for the future will be gold going up and the dollar going down. Gold and silver are on sale still. Great quote.

[@homesteadaquarius]

@@DrSchor Anywhere from a gram or a kilo. It depends on who you are.

[@edb3877]

@@homesteadaquarius And how much your wealth allows you to spend and still be comfortable.

[@213thAIB]

What is the alarming news?

[@alexpearson8481]

Always an outstanding video!! Has anyone heard an updated cost to produce an ounce? Apparently it was 1200 back in 2014 but Google seems to say it’s still at 1200 as of 2022?

[@edb3877]

"... but Google seems to say it’s still at 1200 as of 2022?" Doesn't seem likely after everything else has gone up by 30-50%, does it? Based on the Smart Asset inflation calculator, $1200 in 2014 is now almost $1600 today. This feels low to me, so I am adding another $400 to this to get it to $2,000, which seems more reasonable.

[@nanan75]

around $1450 said one miner, I forgot in which yt video

[@nebniab]

GOLD! Oh.. the giveaway already happened.. um.. stay the course!

[@shacklord]

All I can say is wow...1/2 oz gold eagle on the way.

[@Thepatriotstacker]

Let’s go buy it why you can!!

[@edb3877]

@@DrSchor "while", no doubt.

[@mrknowitall126]

Bought my first 1oz and 50g pamp gold bars today.

[@natemr4482]

Great video brother thanks for the info have a great week 🥃🥃🥃💪

[@2is1gold]

You too, Nate! 🥃

[@daleyfamily2179]

Alexandre Dumas, Author of the three musketeers, Interesting what was going on in France during their time and what is going on in the USA lol.

[@2is1gold]

We have it easy in comparison. 😄

[@thaYESKIMO]

My local pawn shop said blue collar people are selling their silver. They put more money out than all of last year combined

[@boilermatt]

I'm not sure how I feel about (just barely) missing the "younger than 45" stat... 🤨

[@2is1gold]

Ha! Just missing a demographic segment is always painful. 😅

[@Mauitaoist]

A lot of us older folks have lots of silver already probably the best strategies find the right ratio of gold the silver that's works for you like maybe 10% of your dollars go to Silver 90 percent go to gold

[@only1vic80]

I’m younger than 35 I’ll be 31 in a couple months 34 oz gold 986 oz silver and only stacking more

[@tonyjensen217]

I'm glad many are getting there money's worth, but another problem relates to us younger generations who want to invest but the price keeps increasing making it seem near to impossible sometimes to get any. Even fractional.

[@edhale2]

If gold were to hit $27,000 would most LCS be able to buy from people rushing to sell?

[@SweetLeavesXbox1]

Only saving for gold. Probly never buy Silver again. Premiums are ungodly for Eagles.

[@Roronoa-x9]

How come? Bc of premiums for silver?

[@sbentsen2714]

Eagles 👎🏼 go for generic silver or foreign sovereign coins

[@SweetLeavesXbox1]

@@sbentsen2714 IL stick with gold.

[@zzyzxRDFwy15]

Only buy Silver Eagles when the premium is 3 - 4 dollars or lower over spot price. The time period to buy them is usually short but a buying windows opened a few months ago. Silver Eagles are in a sub-silver bullion market of their own.

[@SweetLeavesXbox1]

@@zzyzxRDFwy15 It really isn't.

[@voiceofraisin241]

What really needs to happen is states changing their laws that allow debt to be paid with precious metals. I think Utah allows at least gold.

[@superstar5123]

I'm 22 🤣been buying since 21, wish I started earlier

[@davicpetrovski155]

Respect

[@jmarq2283]

Im 21 been buying since 21 and am in the same boat

[@bjdottcom777]

Dude, stacking at age 22 IMO is starting early so BRAVOOOOO!

[@strangelyfamiliar1729]

Atleast you started.

[@superstar5123]

@@strangelyfamiliar1729 hardest part is always the first step

[@maryperrysmith5815]

I’m so glad I found you !!! You explain the situation so well. Indiana does not tax us on silver or gold buying. YET!! Ok did I hear you say YOUR OLD. IM 69. IM OLD !!! What about China. They do not let any gold leave the country!!!

[@2is1gold]

Young at heart! 😄

[@Pat_Smith778]

Knowledge indeed

[@Spirit-FilledMindset]

We were already in a depression in 2023, that is why they weren't fighting a recession then. The recession was in 2022.

[@TK0_23_]

You haven't seen a depression. You really think last year was a depression?

[@lightw8jay]

Thanks for the panic attack lol. You should of just titled this video "The end is now"

[@2is1gold]

😂 I might have been proving a point. Sorry for the 🚨

[@Sunsetstacker]

I took advantage of SD Bullions 1oz Gold Buffalo at spot $2,425. I’m happy about it😊

[@2is1gold]

Nice!

[@go4it129]

Was it BU?

[@Sunsetstacker]

@@go4it129 No, circulated.

[@briank7936]

Even though I watched and didn't win, I'm still here. On to 200k. Wish the news had a more low hype delivery like you have for gold.

[@smitty923]

Sweet! Jim revised up from $10k to $27k. 😂

[@2is1gold]

😂

[@sheilae.64]

Lots of good info! Thanks for your content.

[@2is1gold]

🤜🤛

[@jeffkeller9009]

For me, Still slow and steady squirreling away.

[@lawterian]

GenZ here, I was the catalyst for my parents to start holding gold and silver, usually it’s the other way around 😂

[@carlo7849]

I'm 43 and just started buying gold/silver 3-4 months ago. I'm always gonna buy no matter what the price is. It's mainly an addition to my 401k for retirement. But it's also becoming a fun hobby that I wish I started years ago.

[@BertsDad81]

Another great video! Keep ‘em coming 👍🏾🍻

[@2is1gold]

🤜🤛

[@goldbearbunny4787]

Iam doings othere thing's for the summer but come fall i will be back buying gold no matter what the price

[@shimsteriom4191]

Holding my stack, this has room to move.

[@23Keith23]

I'm still saving money for gold I don't know if I would hold on to my money once I had enough or make a purchase idk

[@SherwoodHicks]

Great job!!! Another no nonsense tell it like it is presentation. Thank you.

[@2is1gold]

🤜🤛

[@SkyCharter]

It seems the gold to silver value ratio has re-normalized to about 76 from the previous 90 or so with this recent silver spike. Perhaps silver is simply catching up. If so, things may calm down for a bit.

[@jamesmoreno3434]

Best channel for gold news!

[@2is1gold]

Thanks!

[@ilevakaM9]

Great video yet again! What are you using to record? Your picture is beautiful!

[@Watcher-ts3ql]

Now the dip seems like a more reasonable price to buy. In essence: the dip turned out to be a dip.

[@davidparker5345]

You mentioned generations using gold as INVESTMENT instead of a method to HOLD ONT TO WEALTH and not have a lost to inflation SO WHICH ARE we / YOU going with? A way to hold wealth or investment?

[@2is1gold]

State Street said investment.

[@glenh4971]

That video was alarming.

[@2is1gold]

😅

[@jaybarr3307]

Although I bought a quarter-ounce gold Maple just yesterday, I've backed down my PM purchases substantially. About 75% taking yesterday as an example. I have a good sized stack already, which helps, but I'd hoped to keep adding up until I retire which isn't far off. At that time I don't plan to buy any more and may, in fact, sell an ounce or two occasionally to supplement my income from other investments.

[@alwaysmoody800]

What pen & pocket notebook do you use ? Best Regards from Daytona Beach , Florida .

[@bestprice1776]

I can't believe people still buy gold and silver. I guess some people still buy records and cassette tapes even though the digital version is so much better kinda like Bitcoin

[@garymathison8361]

Internet dependent?

[@wda-59-14]

Not buying silver but did some window shopping. Re gold, made my May purchase before the jump...taking a beat before making my June purchase.

[@BuildMontage]

I’ll just keep saving in Gold no matter what the price. My kids are as well and they are only 14 and 16 and their Gold holdings have outpaced the bank interest.

[@Abraham.Lincoln22]

Banks don’t offer any interest.

[@rd9102]

I am sad, my precious metals are going up but unfortunately my Dollars are going down. That is why i have the precious metals to begin with but it still makes me sad because i am aware almost everyone i know will suffer as the Dollar gets weaker and they don't know what to do and the few i have talked to brush me off.

[@rd9102]

@@DrSchor Who are you child?

[@edb3877]

Those who refuse to listen cannot be helped, unless you are willing to stack some extra PMs for them. I do this for my wife, daughter, grand son, and grand daughter. My son is doing very well now and does not need my help. He also stacks some silver but more silver or gold would be good. I need to convince him that this is the way to go in the coming days. If not, then I also have some for him. Try not to be sad. You are doing what you can and that's all any of us can do. I was thinking about this very subject last week. My 1st gold buy was for 5 1-oz. Maples, which cost just under $6,000 at that time. These days, one can get about 2.5 ozs. of gold for that same $6,000. I am now raising the amount I spend so I can get 3 1-oz. gold coins. I like AGEs and ASEs but also buy Canadian gold and silver coins plus some gold Britannias. I also own some fractional oz. gold coins. I know that they have a higher premium but they also give me greater flexibility when selling, so are worth the higher premium to me. To others, they are not worth it, so it is up to each of us to decide whether or not these fit into our stacking plan.

[@PepeCoinMania]

That stuff is severely overpriced they always find more gold it’s not scarce

[@humzilla707]

The US currently values it's gold at $35oz I believe so it could revalue the gold to some insane price to cover it's debts but it wouldn't change spot or at least not by much.

[@72cmcinc]

27K gold....little premature : ) Still buying gold and bourbon too. Each new ounce of gold I buy I need the bourbon!

[@2is1gold]

🥃

[@michaelmccoy2847]

Definitely some concerns about the federal budget. Having some gold makes a huge amount of sense. It’ll just take a little more patience to grab some 🤣 Great video! Thank you!

[@benoone9573]

Thanks. Buying some silver from people who want to cash in already. Their problem. Focusing on fractional gold and some numismatic gold that goes high on that market. The historic connection - gold has been highly valued throughout human history. I wish I had more fiat to go to gold...

[@charlesdenney1]

Informative video. Thanks

[@2is1gold]

Cheers!

[@markroberts9577]

Old timer here. Gold too expensive for my budget

[@pierreclifton1865]

Brother, I remember you and everyone on your channel predicting this price action like a year ago. Happy to see everyone winning!! 😀

[@ArneHiga]

I never thought gold would go this high so fast. Last year I was hoping that gold might reach $2100 by the end of 2024 & even thought if it stayed above $2000 we'd be lucky. For once I was totally wrong in reverse so I lucked out buying last year when the prices were lower.

[@pierreclifton1865]

@@ArneHiga Brother, everyone has been saying 2300-2500 JUST off the technicals. Happy you were profitable! 🙂

[@bradleyozbun1012]

Gold yes silver on hold ! Waiting fir a slight diwn turn. Hopefully. 💯

[@rakeshapalpal7392]

How is Fourprime's Token better than anything else right now?

[@Jmoney1981]

Thank you for this. Very informative. Cheers!

[@rogerjohnson8707]

Is $2000 gold gone forever?

[@Abraham.Lincoln22]

Yep

[@jamesdoe3713]

Still buying both G & S hard, buy what you can while we are all still able.

[@azerovc]

2:18 no, the current debt is $34,755 trillion

[@boilermatt]

"Hey, look at what the prices are doing" 🤣🤣

[@cphipps1969]

Still buying gold if I can find a deal (SD had gold buffalos at spot over the weekend), but holding off ion silver for now.

[@janicejohnson1334]

I'm very heavy in Ag and about 25oz in Au . . Last week I sold off some Ag to buy 1oz GML . . Glad I did . . . . For now . . . I'm sitting tight . . stacking the other PM aka Brass & Lead . . ie HP / 62g / Dragon Breath / 00 just to name a few

[@superdutyohv3401]

Are you still making scheduled purchases or holding for a while to see if prices come down?