Does It Still Make Sense To Buy Gold & Silver? This Is What The Numbers Say

[@baldguymoneyofficial]

Video Correction: Silver's bull run price target is an increase of 892% from the low to $140 with a 71% pullback bringing the floor to $40 per ounce. An error appeared when I transferred data from my spreadsheet to the image - the first such discrepancy in more than 3 years of making KZbin videos. Thank you for your attention and for your understanding. Join the Bald Guy Money Patreon Community for great additional content: patreon.com/user?u=85209064 Link to my free article about how to time your gold & silver sales: www.summitmetals.com/blogs/bald-guy-money-articles/when-is-the-best-time-to-sell-your-silver-gold

[@SIGP365]

Good dad!!!❤

[@edsilvius9259]

Thanks for keeping it real BG.

[@SatelliteEngineer]

I don't stack for investment. I stack for insurance! You don't need to convince me. The world is a different place than it was 20 years ago.

[@Tomerus_NL]

Please never leave KZbin.. Everytime I'm having doubt in my stacking journey you reassure me in saying all is well, sure there will be bumps on the road but in the end you made a wise decision. That can be hard when no one in your family/ friends circle and even wife for that matter fully understands what you are doing. But they do put their trust in you. So thank you so much sir!

[@baldguymoneyofficial]

That is so nice of you to say. Usually people tell me to leave KZbin 😂 I’m joking of course but I appreciate these words because it makes it all valuable to me.

[@jaydemay7]

Again. I concur 100%! You may remember that I commented in a video you did about 3 weeks ago, in honor of that video, I purchased 1 oz of gold. A beautiful US Buffalo at that. As I've said previously as well, I have an 1884 20 dollar gold coin that I use to make the point about PM. I own no stocks at all. For the naysayers, I have been following you for well over a year and can say without hesitation that your analysis and predictions have been spot on. Far beyond the accuracy of other KZbinrs! Thanks again for the time and thoughtful effort you put into every video!

[@Woof728]

I like Bald Guy a lot for financial advise but I love Lynette Zang. Early on, she advised getting out of all fiat currency and put it in gold and silver. I took my money out of mutual funds and an annuity a couple of months ago (wish I had done it sooner!) and bought PM. Gold as gone up $200 in a short time. I'm buying it as wealth protection not to trade it. When the SHTF I'll be able to pay my bills and then some. I'd like to buy more gold but it's too high for me now so I'll wait until it dips then jump in. Don't forget to stock up on food and water. Rough times are coming!

[@reggie7716]

Gold at $18 trillion. So all the gold in the world, at current dollar valuation, would only be enough to cover half the US debt? That is heart breaking.

[@marekkawalec8581]

Even less than a half. The real debt is higher than 35T

[@WillMoon]

It’s worse than that. The debts around 35 trillion, but we have about 125 trillion in unfunded liabilities as well. Basically not money we owe, but have committed to spend over the coming years. The people acting like it’s not a big deal won’t be alive to see the consequences of it.

[@robertrichards4930]

There is way more gold than you think and WAY less silver.

[@viennaweiss8470]

and that's just the Federal debt, not State or County, or City, or Local.

[@jeffee1933]

If you still think fiat has value you’re doing it wrong

[@ImGlyn]

Thank you from Australia Mr. BG. I've been following you for a long while now & so glad that I took your advice to get on a purchase plan. I have been buying 1g/week for the last couple of years - so grateful for the security I now enjoy. Thanks again Mr. BG 👍

[@baldguymoneyofficial]

Cheers!

[@BradLewis-l3z]

It's Bald Guy Money good Morning Brother hope you're doing well today and everyone else here have a great day all😊

[@Shelley-c1n]

I hope you are right. I also hope I live long enough to see it go that high. This is my 3rd bull run in my lifetime and I have been stacking since 1967. Jim

[@JM-qy9dm]

Man, what a great explanation of cash savings versus gold and silver. It’s always tempting to put my money into a guaranteed income producing CD.. After watching this video I feel much better for avoiding cash savings and staying on my metals purchasing schedule. Love your show man !!!!

[@baldguymoneyofficial]

Thank you!

[@PatriachalRain]

Sound reasoning Bald Guy. I agree with you 100%. I don’t care what others say, you are more than just a pretty face! You keep things in proper perspective. Watching you has helped me to understand things that used to be unclear, so I plan to continue being a regular viewer. Many thanks!

[@OkieJammer2736]

My goodness, BG. You are so appreciated! 😊

[@baldguymoneyofficial]

Thank you!

[@martianhammer]

Want to say thanks BG. Been watching your logical, methodical approach videos for a while. Took a loan out from my 401k of $56,000 in August 2020. Bought physical gold and silver. Today, that $56,000 loan that I bought pm's with is now worth over $ 177,000. My 40lk is only worth $159,000 currently and that is with 2/3's of the loan already paid back with extra contributions included! I think that is a great ROI. Thanks to you. Forget the nay sayers. They are bitter and angry they didn't listen to you. They preferred to listen to lamestream media and now have a lame position. Good luck in Poland and please keep us informed with facts. For assuredly the lamestream media will report the feelings.

[@donahi9538]

👍🎯

[@baldguymoneyofficial]

That was a gusty move brother! Congratulations! I hope you'll close that loan :)

[@rnmskirlt]

I'm considering taking a personal loan with a 6.6% interest rate per annum for a 12-month duration to purchase physical gold. I'm confident that the gold price will increase by at least 10% within a year. What’s your opinion on this idea?

[@maximussilverstacker3928]

My coin dealer said when gold was $2300 if you’re waiting for a pullback don’t wait it’s going to $2500 and she was !! 😮

[@edsilvius9259]

What State are in ? I'm in CA..

[@DrmCom2003]

I started buying more silver this week. I'm not taking any chances. Especially with the upcoming year.

[@A_T_O_M_I_C_Rooster]

Think again. Gold is where its at. !Remind me 10 years. And dont buy stupid fractional. Buy 1 ounce.

[@pally867]

OK deep pockets. 👍

[@lifenz1]

Too late

[@randywhelchel4674]

More upside to silver

[@Silverarrowcb]

i agree gold is where its at. but not everyone can afford 1 oz gold. so fractional gold is still better than silver even with the premiums​@@A_T_O_M_I_C_Rooster

[@OurHeroXero]

Even If someone were to purchase an ounce of gold at the start of the year ($2076) and paid a $100 premium ($2176 total)...even selling today at an egregious 10% back of spot, they would still have ~10% more dollars (.9 x $2650) / $2176 = 1.096 or 9.6% increase When these short-term nominal gains are possible with an asset you hold longterm, it's pretty telling of the environment we're living in.

[@neilmackinnon2425]

5 % on bonds does not include the taxes on interest income.

[@TheOnlySaneAmerican]

The government is truly a thief. Stealing our wealth through inflation and then taxation on our investments.

[@baldguymoneyofficial]

Yes! I mentioned that. Thank you for watching and commenting.

[@DangerClose13E]

I'm looking at the Gold/Silver ratio to decide the peaks. I'm all in on silver but when the G/S gets to 30 or lower, I will trade my silver for gold. I will NEVER accept fiat for my precious metals ever again!

[@shiva49]

What cash savers don’t understand is that their 5% return is eaten away, every year, by a ‘real’ inflation rate of 15-17% according to how CPI was measured in 1980. So, he’s losing 10-12% on his cash return every year. That doesn’t happen with gold. If he had one million dollars in cash ,a year later, he’d still have a million dollars but it would only be worth $850,000 in purchasing power. A million dollars worth of gold though, a year later, would still have a purchasing power of one million dollars.

[@hugohabicht9957]

More or less, yes

[@888strummer]

The rate cutting cycle is just begginning and most likely goes for at least a year, so it makes sense to continue adding gold and silver to your portfolio. Gold and silver always rise during rate cutting cycles. The rates are around 5% and probably will be down to 2 1/2% a year from now, so adding what you can afford each week makes sense; while also adding to other holdings or investments. Also; neither candidate is addressing the debt at all and neither seems concerned about the debt. It's the debt rising from $5 trillion in the year 2000; up to $35 trillion+ today that has been one of the main triggers of gold rising from $250/ounce in 2000 up to $2,650/ounce today. And silver rising from $4.50/ounce in 2000 up to $31.50/ounce today. As the debt rises; so do gold and silver in tandem

[@Elle20324]

BGM and Andy Schectman provide the best analysis out there. Thank you gentlemen!!!

[@Woof728]

I love Lynette Zang! She has a lot of experience in finance, knowledge and explains things clearly. (has some good props!). Early on, she advocated getting out of fiat currency and buy gold and silver to save your assets. That's what I did and I'm grateful! (Like Bald Guy and Andy Schectman too!!) Zang goes live on Tuesdays at 3pm eastern.

[@maguscrowley4645]

If I have money in bank, I spend it. It has taken me 5 years, but I now have 112 ounces of silver and 15.81 grams of gold.

[@Woof728]

Don't keep your money In a bank! When the SHTF lots of banks will close and you won't be able to get your money out. Don't think the FDIC will save you - they're sorely underfunded!

[@Johnmartins648]

Keep going! You are doing the right thing!

[@alenmrdic7576]

What's your home address? I am asking for a friend 😮😮

[@Arctic-Mizer]

Way to go. Keep stacking !

[@Sleepypiez35]

Keep stacking

[@thomaschew2191]

Pay off debt, establish an emergency fund, start investing using a 401K or taxable brokerage account or better yet, both. Then start stacking metals. Buy silver on a regular schedule say once a month. Buy gold whenever you are able. Spend less than you make and spend little to nothing on things you don't need.

[@bruce5895]

I am not going to comment on the price targets that you quoted for your highs, but I will say that I expect metals to continue to go up until they go down, so I will sell some of my silver at the high, hold and buy more Gold at the low when it hits its bottom, I know that I will make a profit on Silver when I sell, now if Gold prices are too high after they bottom out, I will put the extra cash into Art, when the depression hits everyone becomes desperate for cash to by food and pay their bills, so I expect bargain prices on Art and other collectables for sure. Anyway it goes, I win.

[@harrybloom9213]

Art is a scam.

[@CjplusLj]

The wealthy like art and have invested in it for a long time

[@bruce5895]

@@harrybloom9213 Is that why someone paid 179.4 million for a Picassco at Auction ? Think of what that would be worth in 10 years, you have no idea of what your talking about.

[@RichardWiazardry]

@@harrybloom9213 I an an artist and I am not a scam. When you make bad ass stuff, you deserve to be compensated and people give you back cool stuff. I have put miles of smiles on people’s faces from experiencing my interactive flame effect creatures.

[@johncusack2384]

I like the thought of silver and gold being insurance rather than investment.

[@citidiotRancher]

I seriously was never going to buy fractional. I'm that guy, the guy saving to buy 1ozt a year. You totally opened my eyes and mind. Now rethinking my approach. Many thanks!

[@baldguymoneyofficial]

As long as you're thinking about it. I can't force you to do anything - but I do want to inspire people to think.

[@BradLewis-l3z]

Thanks again Bald Guy Money for the information always appreciate

[@geralddraper4491]

Makes perfect sense and for *Silver , I touted since 2018 that #Silver for under a $20 💵 bill you can get an ounce of 3 or 4 nines fine , " NOW THAT IS A GIFT! " As well it does to continue to accumulate your savings in *Silver as long as it was under the 1980 ATH it was a no brainer to hold at a discounted & suppressed rate. = Smart 💰 Long term that will allow / afford you choices down the road . Good timing award as many have waited decades, newcomers can bask in the not having to endure such patience or restraint

[@JamesKrawl]

BG....Another superb, fact-based video. As a 20 year stacker, I am very skeptical that a major pull back will occur, given the current geopolitical turmoil, and total fiscal irresponsibility. I continue to stack on a weekly basis, doubling up on my purchases when the 1-2% dips occur.

[@oledog8391]

Yep, i totally relate to that. I continued through 2011 as well.

[@dannymarlin9150]

Great video as always BG🙂

[@baldguymoneyofficial]

Thanks!

[@tuhingatoha1134]

Preferring 5% return on cash over either of the precious metals is clear evidence of how someone with restricted thinking thinks. It is why their wealth creation is so limited. And this is without comparing the 5% nominal with the 5% REAL....

[@silversleuth007]

Bald Guy charts and stats and analysis are a valuable tool for stacking silver and gold. Get it while the gettin' is good without neglecting other priorities and obligations.

[@stevenrowlandson9650]

Gold and Silver have not yet begun to rise to an exchange rate that would allow gold and silver to serve as collateral for global debt or the currencies that represent that debt. It isn't even close.

[@SJ.77]

when they implement the MOB gold and silver will be worthless

[@stevenrowlandson9650]

@@SJ.77 The MOB will send people to the lake of fire so by definition the MOB is worthless and good for nothing. Secondly the MOB system will be short lived and not worth even considering. Thirdly like blaspheming the Holy Spirit there is no forgiveness for receiving the MOB. Offenders automatically go to hell. Trust me there are somethings that are worth not doing.

[@MyThai1612]

Peace and harmony from me, my friends and Thailand to BALD GUY MONEY our gold and silver shining mate✨🌟💫 🫵🏽😁 Have a nice Sunday everyone 😎 and don’t forget to breed your gold like a chicken 😁 It will go up exactly 615% This is the magic number 😉 $16500/oz. is the real and correct price for our precious metal. It has to do with respect. And when BRICS announce coming month what they all have in them safes and CBs. This and next year will get the time of our life! PS: gold is not for buy and sale. gold is for your life to feel save and well. gold has nothing to do with making money. Gold is: lean back and enjoy the show 😉😁 Bald like always a good show ✊🏽

[@baldguymoneyofficial]

Thank you brother!

[@rickengman]

Great Video BG, Thanks for all you do here and on Patreon.

[@garryallison4716]

Gold is money. They’ve swapped it for paper and created debt slaves

[@edb3877]

A lot of "debt slaves" have helped with that by borrowing more than they can afford to repay. Makes me sick to watch a TV commercial where people are giddy about their credit score rising when their incomes are not. "Oh, goody! We can borrow even more money! Yea!" Sickening, yet they are doing this to themselves. Even worse, these same people then vote into office other people who have no more money sense than they do.

[@TheSpuggiehawk]

@@edb3877 The gullible debt slaves can only be that way because the banking overlords lend out more than they can afford. It was bad enough when they could lend out 10 times what they took in, but now some countries don't even require them to have /any/ reserves at all, so they're lending from literally nothing.

[@garryallison4716]

@@edb3877 that’s call fine and dandy, but people don’t understand much about this, they’re encouraged to take debt at every turn. Then they pump up the interest rates. Then inflation kicks in and everything goes to shite. What about people who are kept poor and encouraged to borrow. Blame the people because that’s what they’ll do!!

[@eugeniocarey9249]

It would be interesting to see the above-ground supply vs demand numbers for silver during the previous two bull runs, 1979 & 2011, and see how projected numbers for that in the current bull run over the next few years compare. WHY did silver get clobbered almost immediately after hitting the highs last two times around? Because the COUNTERFEITERS at the Federal Reserve didn't want physical competition to their FRNotes, and there was plenty physical supply plus futures shorting to dump on the market....If Trump comes in and essentially demolishes the Federal Reserve (makes it a part of the US Treasury under control of the Congress, as it should be) then the forces that clobbered silver the last two bull runs will no longer exist.......

[@wasillastacker]

Thank you as always Mr bald guy. This is my go to channel for the market numbers. Just added another gold 1/2 🦅 and a 10 oz RCM bar to the stack this morning.

[@SIGP365]

Thank you Bald Guy for the video. I just went over to Summit Metals and picked up two of the one gram gold bars. These will make a great Christmas gift for my grandson. I have been stacking gold and silver since 1980.

[@baldguymoneyofficial]

So happy to hear that. I have a confession - that was my son’s wallet and his 1g bars I showed in the video. He loves them!

[@pdel303]

Thank you so much! I especially appreciate the money market comparison.

[@ownsilver]

I have been on the silver stacking journey for 22 years your comment about buying the 1 gram gold bar sounded good to me TY for the advice

[@CommonSenseIsAVirtue]

Wonderful video, thank you so much for all you do, BG. Gives me insight into where I am and where I need to be. 😊❤ Working on 25% of stack in fractional metals, a little each month...

[@jonathanlunglo]

Will definitely check out your article! I think a lot of people overlook the selling aspect of precious metals, and I’m interested to see what you have to say about it.

[@2is1gold]

Good stuff again. ✊

[@JasonDeville-fi4dh]

Brother full gold stack video soon plz at least do at end of year.

[@TwitchRadio]

Good is understatement... Lol.. Best explanation on KZbin, nothing personal to your channel though...( he articulates just a bit better) 😋👍.. Hope you are well 2is1, look forward to seeing your new videos 😎✌️ #DCAandCHILL

[@ALEXH386]

He made a good point on the silver Denarus! Silver standards before 1850 is far more relevant than gold historically. The word for money in most languages is “silver” like in French (l’argent) and Hebrew (silver shekel / dinar) and Italian “il denaru and Arabic Dinar (silver) and Dirhams (gold)

[@2is1gold]

@@ALEXH386 yep, I get it. But my reason for showing the examples of gold as money was that I was talking about gold re-entering the global monetary system in simple terms (as a reserve asset stabilizing the country's currency) or in more sophisticated terms as an actual part of a new reserve currency. Silver has no part in that particular move. Cheers!

[@kevinw9073]

Interesting "numbers" and good perspective as always. 5%?? LOL. Don't forget paying tax!! I can sell gold and silver and avoid the paper trail. I am "shaking my head" on this complaint from the viewer. These are the type of investor that are better off NOT buying metals. Keep up the goof fight!

[@TwitchRadio]

Hey there B. G. money.... Hope you are well.. Thanks for your time and the video as always.. Really helps with my analysis by seeing others perspectives... 😎✌️ #DCAandCHILL

[@bobsilver3983]

Thumbs up for Bald Guy

[@KEG-zf8yp]

@baldguy Yes, your silver chart is very controversial because the percentages aren’t correct. If something goes from 4.53 to 48.60 that is NOT a 611% gain hence your average percentage is incorrect. I believe that is 973% and the average is 892% which would put a high for silver (based on your logic which I agree with) closer to $126. If I am incorrect please let me know. Thanks

[@baldguymoneyofficial]

You know what - I wasn't feeling well when I made it and I see that I have made a mistake there - I just don't know how the mistake crept into the video and into the numbers. Thank you for pointing that out.

[@timrachow-ey9mt]

Another solid video Bald Guy. I really appreciate your format and time management.

[@TheQuickSilver101]

It's funny, I had someone in the comments section of a video tell me recently that you're as good off with money in a savings account as you are with gold. I'm not sure why some folks think this but it does appear to be an opinion that's out there. I appreciate the common sense logical approach to metals as always

[@donahi9538]

No surprise there, he's one of the 🐑once they wake up they'll be crying & a whining🙄Common sense rules! Peace out ✌🙏

[@Cthulhu93]

Well obviously that person doesn't know what they're talking about. I put my savings into Silver back in March and am waaaay ahead of where I'd been keeping it in the bank. Gold would've been even better.

[@baldguymoneyofficial]

Haha some people have strange ideas.

[@jonathanhammond9282]

Good morning BG. Love what you bring. Keep up the good work champion. My daughter just finally got some silver. Took over a year of talking about it.

[@Nobody232Special]

Hey Bald Guy, Thanks again for the great analysis. I always appreciate your perspective. Keep up the great analysis. This is a huge help to me personally.

[@countstackula]

Big fan of the channel, been watching bald guy for years! Great insights on the metals market.

[@peterwilson9327]

Since I retired in two thousand and one, my retirement /gold portfolio has gone up one thousand percent. I sell a little bit as the property taxes come due or more expenses come in.

[@peacock69mcp]

Thanks a lot for your analysis. It'll be interesting to see how Indian gold and silver markets react to this price action in October and November 2024.

[@Jbedard1963]

My favorite 10:00 am Sunday activity every week ~ BG$$ :)

[@baldguymoneyofficial]

That's awesome to hear!

[@Woof728]

Lynette Zang (she's brilliant!) goes live on Tuesdays at 3PM eastern time. I learned a lot from her!

[@amywhite752]

You should go to church. You can see Bald Guy afterwards…

[@briengriffin8351]

Just thinking that.​@@amywhite752

[@baldguymoneyofficial]

You can always go to church at 12.

[@BradLewis-l3z]

Thanks Bald Guy Money always appreciate you and your videos are very interested and always on top of things Thanks again Brother 😅

[@gilsgriddleandgrill]

Great video I loved all the data and after watching you for months it’s all making sense. Thanks for sharing your input your perspective and your knowledge on the metals market and the tip on getting on schedule!! Cheers from Texas! Could you please do an informative video about getting on a schedule and tips on how to maintain that schedule?? life is a juggling necked bills are juggling necked and family throws into the mix. Makes it very hard to meet the goals. Sometimes knowledge and experience on scheduling and setting up schedule to purchase would be very helpful and help people get driven including myself. thanks again for your time and posting your videos.

[@baldguymoneyofficial]

Thank you for the kind comment and the suggestion. Let me think about what I can do for you :) wishing you a great day.

[@Silvercohort]

Gold and silver will drop along with everything else once the bubble burst. People will liquidate their metal positions to cover their leverage in the stock market. That’s when you should be buying. 😊

[@baldguymoneyofficial]

Gold didn't get as low as the pre-cut level in 2008. Wait at your own risk.

[@joesterkis1841]

I think your very correct on everything.great job.

[@baldguymoneyofficial]

Thank you!

[@ALEXH386]

Boom such a good point on silver! The silver denarus

[@Elle20324]

The $$$$ will hyperinflate, it's just a matter of time. Which means Gold, Silver, and Bitcoin will take off.

[@lamarravery4094]

Bitcoin? Wtf is that? 🤣🤣🤣

[@nobodycares9494]

Ah, it might take off, but then a quantum computer will break all the security privacy codes, and AI will steal all the money for its masters. It's in the system. The system has been designed with the back door out. Many departments of gov. worked on the protocol. However, it will not happen before the CBDC is fully implemented, as crypto was designed as a training tool for blockchain. So, enjoy the ride.

[@edb3877]

@@lamarravery4094 Yet another fiat currency, only digital so you can't hold it in your own hands. And yes, I know all about crypto wallets but I also know that anything online can be hacked, unlike the gold and silver held in our own hands. A massive grid down situation will make a lot of people reconsider the value of holding BTC, etc.

[@melodiefirth2224]

They say the C and I and A , put Bitcoin out there 😊 and speaking from experience, if you're platform doesn't want you to cash it in , you won't get it 😢

[@mikeyriley8959]

Very nice analysis, conservative yet optimistic. I would say what’s different this time is our currency and country is in trouble, add to that the unwinding of decades of downward manipulation, and the potential for a comex default on silver. I consider silver to be more like its cousin palladium now.

[@aloksrivastava7938]

Just today, I was doing the same research and I made a similar estimate as to future prices of gold and the pullback thereafter and I arrived at a similar conclusion. What a coincidence!

[@Bobbydazzlla]

It is also the hedging values of silver and gold that gives you an edge over the banking sector if you don't want to put all your eggs into the fiat currency basket. Gold and silver are separate from the whole banking sector and off radar (in Australia anyway) when it comes to government CGT etc when dealing in physical amounts over the counter.

[@silverbrass1790]

Dude you are my favorite analyst out of all the KZbin. Love to see your stock picks. I think you are a genius

[@baldguymoneyofficial]

Hi! My mining portfolio is available on Patreon.

[@timc4897]

Hey Bald guy , great content, love the work. Can you please do a segment on Pre-33 gold. The cost of coins aren’t worth the resale value. Bought many over the years expecting higher value but not according to local coin shop owners and especially the Big companies that sell them. Best bet is standard Eagle or Buffalo 1 oz.

[@baldguymoneyofficial]

You know - I had a Patreon member tell me the same thing recently. A wealthy guy - not dumb by any means - and he too was surprised. I'm going to do it.

[@victorfrankenstein50202]

Love your analysis, and really hope they come to fruition, but what you may not be taking into account (especially for Silver) is the “Manipulation” central banks use to control spot prices. If these values get too high, and make it difficult for banks to entice the people into “investing” with them, rather than purchasing Metals, then they pile on the Paper Contracts to crush down the price.

[@joerock1736]

These are both new bottoms. People are going to be surprised how fast gold hits 3000$ oz silver over 35$ oz or higher by the end of physical year end.

[@bootsrmade4walkin664]

More likely before the election..silver higher than $35...😮

[@fragdad]

All the best financial advisor I spoke to last year said put your money into a cash ISA. So I did. I cashed it out this year with less than £3000 return. Had I put the same money into gold I would have walk away with nearly £13,000. Now I am in Gold and have increased my wealth by over £1,000 in 1st month. Tax free in both cases btw. It blows my mind not one of those advisors mentioned gold???

[@baldguymoneyofficial]

Because they can’t sell it to you… it’s scandalous.

[@fragdad]

@@baldguymoneyofficial or is it there are no commissions?

[@martinlord8837]

@@fragdad Advisors make no money off physical gold you own, but if you buy them via an ETF they still make some money off that.

[@TheSpuggiehawk]

I'm sure that it's not just that they can't make money off of gold. They've been trained by organisations that can't make money from gold, so some of them have either been told to discourage the idea, or genuinely don't understand it. it's a bad state of affairs though and one that will bite people down the line. I hope you've put your £3000 return into precious metals now.

[@fragdad]

I have and all the rest too.

[@baron6271]

As long as the BRICS keep buying, I keep HOARDING. It's that simple.

[@Woof728]

As long as billionaires such as Mark Zuckerberg, Jeff Bezos and Warren Buffet sell their stocks and buy lots of gold, I keep buying!

[@littleredpony6868]

I haven’t gotten any silver recently, but I’m holding on to what I have

[@CjplusLj]

@@Woof728tranny reptiles don’t buy gold

[@5785B]

BRICS nations are NOT buying gold. Stop repeating the false narrative from bullion sellers.

[@edb3877]

Stacking is NOT hoarding! Hoarding is when people try to take economic advantage of others in the midst of a crisis. Anyone can stack but many people simply choose not to stack. If they are not prepared for economic or financial disaster, it is not that we have caused it by our stacking actions. They have caused it by their lack of foresight.

[@nachodenieves6951]

Great video, as always, BG. But could you explain how is this information consistent with the prediction you made last week about gold at 2200 $ by Q2-2025?

[@baldguymoneyofficial]

This is for what will happen at the very end of the bull cycle - once we see a blow-off top and a pullback (like we saw in 2013) - what i talked about before was what happened in 2008 - when the market crashed, metals corrected, and then boomed. I hope that's clear.

[@robertrichards4930]

Gold will triple. Silver will 10x.

[@TheRazzaManazza]

Yep, it may be 150 years, but it'll happen!

[@robertrichards4930]

@@TheRazzaManazza .....6 months

[@GurmanMax]

🙏🙏🙏

[@berry1669]

do you have a date when Gold will reach $7711, let me know thanks

[@cjoe1950]

Probably after the next few world wars

[@LeonTheLion-777]

dude some bread is already at 8.00 a loaf 😂

[@edb3877]

@@LeonTheLion-777 Not to those of us who bake our own! lol

[@SJ.77]

@@edb3877 depends what flour you use and how big the loaf is

[@baldguymoneyofficial]

I would be looking for 2030ish area. With a margin of error.

[@MynameisNobody-k5b]

I completely agree on your gold chart, very close to the numbers i was getting for the high and pullback, i was a little more conservative on my silver moves.

[@patchrat1]

Thanks for your perspective I’ll stick to my plan but some every month as I can I think the price will be much higher in the long run

[@harrybloom9213]

The precious metal market is highly manipulated. So, when the banks fail, Gold and more specifically Silver will go straight to the Moon.

[@Khaos4order]

Unrealized gains. Ya, go ahead and buy bonds.

[@DaveEPie]

Exactly

[@edb3877]

I'm waiting for some whistle-blower to let the cat out of the bag by mentioning that Kamala's tax on unrealized gains WILL be applied to the home they think they own. 😠

[@Khaos4order]

@@edb3877 property taxes too? Right to fix laws changing to increase job production. Zoning and constructions permits. All businesses will be affected and industrial innovation may haunt without government assistance. This goes along with my thoughts of never being able to place price caps without owning the means of production. Look at the farm land being sold off by generational ownership into large corporate hands, some of which are oversees. You’ll see drastic policy changes in fundamental societal needs. Crops. Lands. Waters. Gas. Minerals. Imagine finding oil in your land. The unrealized gains on that would be innumerable

[@baldguymoneyofficial]

There are taxes on fixed income too.

[@brandonwampler8267]

11% over spot is absurd fractional or not. Stick it to the little guy. Don't piss down my back and tell me it's raining.

[@Popnpoff]

@brandonwampler8267 I believe everyone should own a variety and at 11% it beats most sellers prices

[@cvgguy98]

They probably bought it at a far cheaper spot price so their profits could easily be 20, 30, 40% but will we ever see those savings passed on?

[@oledog8391]

​@@Popnpoff If your thinking gram Au, then Ag 90% is a better buy, and more useful.

[@baldguymoneyofficial]

That is not sticking it to the little guy. Do you know why premiums on fractional are higher in % terms? Because the labor costs involved are relatively the same. Larger denomination premiums as a % are lower because the total value of the material is much higher offsetting the labor cost in % terms. If you're afraid of not having buyers for your gold at $7000 an ounce - then getting some fractional is key to maintaining liquidity. 1g bars at 11% are an amazing deal - I assumed most people would recognize that and be happy we were making that available.

[@brandonwampler8267]

@@baldguymoneyofficial Well, thanks for educating me I guess that is a good deal...Now I understand that making the gold a little smaller justifies a 8.5-9% increase in price above the premium of larger denominations.

[@A_T_O_M_I_C_Rooster]

This is my favorite precious metals dude.

[@Woof728]

Lynette Zang is really great too. I learned a lot! She's spent years on Wall Street and in finance in general and knows a lot! She advises to get out of all fiat currency and put it in gold and silver which hold their value as Bald Guy mentioned. Do it to protect your assets.

[@baldguymoneyofficial]

Thank you so much!

[@rebellilly9682]

Hey BG, I'm a bit late into stacking and recently learning. I'd like to see you do a video for novices explaining GSR and when to trade in silver for gold (if it's based on GSR) or not.

[@baldguymoneyofficial]

Sure thing!

[@paulmartin5739]

Great content, very sensible stuff, thank you so much, I’ve enjoyed your info for three years and you are consistently ‘on the money’, maybe that euphemism should change to ‘on the metals’!

[@edwardtucker8219]

Thank you, Roger! What do you think about platinum/palladium and uranium? Would you please do an episode on these?

[@baldguymoneyofficial]

Hey Ed! Great to see you in the comments. I covered Platinum recently in a viewer question. I would avoid it. As for Uranium - might not be a bad bet.

[@edwardtucker8219]

@@baldguymoneyofficial Thanks! I checked the time in Poland when I was watching this one. In the process of selling the home to move back to Alaska - if THE LORD allows. It is too hot in the Lower 48, and if it is not, then it is an income tax state. North Dakota appeals to me for the cold, but also an income tax state. I always come here first thing every Monday, as you are spot on with all your various analyses, and greatly appreciated! "The Great Taking" still worries me, but I have physical silver and gold with Sprott, and was thinking about getting their physical uranium and platinum/palladium stocks, too. I had to liquidate my gold, as I do not want to travel with anything, so have to wait until I get back to Alaska, or wherever THE LORD JESUS CHRIST leads me. Then, I might start buying from Summit, but have to be sure of everything, as I previously bought only from Apmex. Anyway, have a great week, Roger!

[@RealDealAmerica]

At the end of the day as long as you keep looking at silver and gold as a commodity instead of looking at it as real money, you’ll never understand. on September 14, 2019 I bought a 100 ounce bar of silver for $1752, today it would be over $3200. That’s a hell of a hedge against inflation no deniability there.

[@2Eaglez]

You were exactly correct on 5% interest. Currently holding some short term Treasuries and CDs at 5 to 5.5%. I am still looking for a recession/depression and will take the opportunity to buy more hard assets - raw land is on my list as I already have precious metals but I am still buying some dips in gold.

[@PRyan_Limerick]

Could inflation be set to fall significantly? How will that affect the price of Silver & Gold in the next few months? Oil (Brent crude) has fallen since July 1 from $86.60 to $71.98. That's a significant reduction of 16.88 %.

[@Purrtret_be]

Put my purchases on hold for 30 days and see what gold and silver will do.

[@baldguymoneyofficial]

That's ok - I do that sometimes too.

[@charleswright5989]

The worlds debt is 500 trillion. With only 4 billion oz of silver . And 2.5 billion oz of gold , above ground. Now how much is your gold and silver worth, also the ratio. 4 to 2.5, billion oz . Makes gold and silver 2 to 1 ratio. Keep up the good work , I like your show.

[@paulfay357]

Hey BGM! I always try to remind myself that a century compared to the entirety of silver and gold as money is really only a "blip" in the charts. We are currently in the terminal phases of a fiat money system that for a few decades has had the ability to make precious metals look old fashioned and outdated. We shouldn't be fooled by this. Thousands of years of history suggest that gold and silver will resume their traditional valuations once the current scheme has played out. Love your content!

[@baldguymoneyofficial]

Well said. Thank you!!

[@t-bone7988]

Great video again bald guy… I’m only buying what I can afford right now. Slow and steady like a turtle. My allotted purchases can’t keep up with the rally haha!

[@baldguymoneyofficial]

Right on!

[@kerrymcintyre1056]

Something told me to buy gold and silver at the end of 2021 (God), so freaking glad i did. Planning to buy another ounce or 2 of gold this week.

[@markgotschall2914]

When is it a good time to buy gold? Now is always the best time. Waiting on some checks from my side hustle to come in, buying more gold when they come in. My dollar cost average for my gold is around $950/oz.

[@CjplusLj]

Like planting a tree, 2nd best time is today

[@Woof728]

On Friday afternoon, gold sold for $2,658/oz. I bought physical gold a couple of months ago and it's already gone up by $200. I didn't buy it to trade and make money, I bought it to protect my assets. Took my money out of mutual funds and annuities and put it in gold. A crash is coming. (Take your money out of the bank!) Now I can sleep at night!. I'd like to buy more physical gold but it's way too high now. As BG (and others) have said there's going to be a dip and then go up again. I'll buy more when it dips!

[@markgotschall2914]

@@CjplusLj lol, just planted a tree the other day, someday I can park my butt under it and have some shade.

[@Opus4SydneyStrings]

Hi Roger, Thanks so much for the great content! I think it is worth revisiting your projections and adding some reference to the gold/ silver ratio though? Your projections of $7000 and $130 suggest that at the blow off top the g/s ratio will still be at over 60:1 ... whilst also seeming to be a bit nervous about how high (& unlikely) your silver projected target might appear ... I feel that when gold reaches $7000/oz the g/s ratio is almost certain to be 30:1 or less ... giving a projected silver price of certainly more than $230 ... How do you feel? Cheers, Roger.

[@baldguymoneyofficial]

Good idea! i will talk about the ratio soon. Feeling better by the way. Thanks for asking.

[@bodybuilderschickensnortht6121]

Based on those trends I don’t think it will drop back from $100’ after the BRICS this month when the 59 counties sign on. This is not looking good, I don’t see a pull back, but at the same time it’s making sense.

[@scottboyington9768]

I have been listening to you for years however now that you sell Gold and silver my over all view of what you do has changed. Do you feel your truly honest with people now that you are a sale person. Who ever his selling a products theirs are always the best product. Not trying to get under your skin but you now work for them. Thanks

[@baldguymoneyofficial]

Hi Scott - I don't work for anyone but myself. I am a partner at Summit Metals and we are trying to do what's right for the community in line with an overall forward-looking strategy. My message is simple - own gold and silver - if you want to buy from me or someone else, that's your choice.

[@AKAFringe]

Always look forward to your videos.

[@chantalamino2244]

Another valuable and very informative video BG. Very uplifting and positive analyzation and projections for all PM stackers. Happy Sunday all 💕

[@baldguymoneyofficial]

Have a wonderful day Chantal! All the best.

[@elam117]

I think gold is right on track and silver is under valued still

[@oledog8391]

Gold is way undervalued, but silver is the best investment on the planet right now.

[@t-bone7988]

@@oledog8391glad I bought most of my stack last year. Bit more to go now but it sucks to be a buyer right now.

[@elam117]

@@oledog8391 it may be undervalued but it’s on a clear trend up. Though on paper silver is going up it’s really not moved with gold at all in reality. Hence gold is on track and silver is not anywhere near it’s true value

[@attila2a746]

Thanks Bald Guy, best charts on you tube.

[@baldguymoneyofficial]

❤️ cheers brother!

[@joeyboedeker2047]

Ignore the negative. I care about having hard assets to pass down

[@Woof728]

When the economy crashes you'll need it to survive, pay your bills and expenses!

[@kenderosa8528]

Great video BGM. I agree with everything you said. I would sell some of the stack at the top to put the money in real estate rentals

[@baldguymoneyofficial]

Same here - and then buy the stack back with the income.