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Gold & Silver In A 2008-Style Crash - Banks May Manipulate Prices Up!

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Bald Guy Money

Bald Guy Money

Күн бұрын

Join the Bald Guy Money Patreon Community for great additional content:
www.patreon.co...
For more information on ATHA Energy:
www.athaenergy...
CSE: SASK | OTCQB: SASKF
Check out www.pimbex.com/ for all of your bullion needs.
Call them at 888-892-9363 for a free chat about your IRA!
For more information on things Rick Rule is involved in:
Rule Symposium: rulesymposium....
Battle Bank: battlebank.com/
In this video I have a discussion with Rick Rule on:
- If this is the end of the Gold & Silver bull market.
- Silver price manipulation.
- Gold & Silver in a market crash.
- What will spark the next big move up for Gold & Silver.
- Silver performance vs. Gold - which is better?
- The security of the US Banking system.
- How to legally unlock the value of your Gold & Silver without paying Capital Gains Taxes.
- What commodity Rick thinks is a hidden gem.
This video was conducted on behalf of Atha Energy Corp, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: portal.goldsta...
Link to Data Sources & Charts:
Gold Chart Trading View
www.tradingvie...
Silver Chart Trading View
www.tradingvie...
Platinum Chart Trading View
www.tradingvie...
Gold Manipulation Story
nypost.com/202...
Long-Term Silver Price Chart
www.macrotrend...
Long-Term Gold Price Chart
www.macrotrend...
Russia-Kazakhstan Article
www.chathamhou...
ATHA Energy TradingView Data
www.tradingvie...
Gold Price High Story
www.bloomberg....
Banking Crisis Article
theconversatio...
Investopedia Article on Capital Gains
www.investoped...
Investopedia Article on Commodity Market
www.investoped...
#gold #silver #silverprice

Пікірлер: 300
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Join the “Bald Guy Money” Patreon Community for great additional content: www.patreon.com/user?u=85209064 It's only $14.99 a month (10% discount for full year subscribers)!
@sftita
@sftita 2 ай бұрын
Someone NOT affiliated with selling PM would be a worthwhile guest. See if you can get someone like Simon Hunt, Martin Armstrong or Charles Nenner's view on PM. Caution, pre record Hunt and speed it up 1.5x when he's talking. He's based in Dubai.
@AKAFringe
@AKAFringe 2 ай бұрын
Love it.
@Mrjones1905
@Mrjones1905 2 ай бұрын
Anything is possible while financial terriosm is unaccountable....
@thevanman4498
@thevanman4498 2 ай бұрын
When I hold gold and silver it has a magical quality to impart safety through my palm directly to my brain. When I hold currency the signal is one of acquiring something of value in exchange for the government coupon.
@rockytop6077
@rockytop6077 2 ай бұрын
Perfectly stated 👏
@nyquil762
@nyquil762 2 ай бұрын
Nailed it 💯
@JALRML1251
@JALRML1251 2 ай бұрын
I feel the same. There is something special when I hold it in my hand.
@towncenter7602
@towncenter7602 2 ай бұрын
I don't want to get rid of any of my gold and silver. I can't wait to get paid to spend all my digital fantasies
@talethaqueen2042
@talethaqueen2042 2 ай бұрын
Rick Rule is such a wealth of knowledge
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
He is!
@cjoe1950
@cjoe1950 2 ай бұрын
Rick Rule is such a wealth.
@tonyt.5316
@tonyt.5316 2 ай бұрын
Bald guy, your algorithm is spot on. Every Sunday your video is right at the top when I open KZbin.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Heck yeah! Glad to hear it.
@stanwells8217
@stanwells8217 2 ай бұрын
My comments may not be needed, but I thought this was probably the best vid on KZbin in quite some time. Of any category. Thank you and Mr. Rule.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Wow. Your comment is much appreciated.
@user-uh6iz4tx5h
@user-uh6iz4tx5h 2 ай бұрын
I have to agree with you on that!
@kennethrahnjr5076
@kennethrahnjr5076 2 ай бұрын
This is what I call a "dense video" .. much more great information than I can parse and absorb in one viewing. Bookmarked for future passes through it. 👍 Fantastic video, thank you for sharing, Bald Guy !
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks for watching!!
@Userhfdryjjgddf
@Userhfdryjjgddf 2 ай бұрын
I love Rick but gotta say. After his answer to the first question tells me I I don't need to listen to the rest. He is rich. He doesn't worry about short term prices and didn't answer the question. Most of us aren't rich. Most of us an ounce of gold is a major purchase. Sure we could be called speculators but we need to know if price will drop in coming couple months. When your debating buying tires or visiting dentist then the month to month price really matters. If I can get an ounce for $400 cheaper if I wait a few well that's very important info. I love silver. Haven't bought since it went over $25. Diamond hands baby. I'll stack cash. I have been stacking metals for 10 years and patience is key if you're not rich. No fomo here
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
But it’s good to listen to his experience to pull out nuggets on how he got rich. Plus, he’s right on metals being long-term. If you want short term capital gains better to focus on stocks.
@shawnshively3778
@shawnshively3778 2 ай бұрын
If we go into a recession. The price of gold and silver will get much cheaper before it 🚀 takes off. I want buy more silver at 22 and gold is too expensive but I like $1,800 to buy. I will sell more silver at $33 and on the way up. 🤑
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np 2 ай бұрын
@@baldguymoney5568 I think that's a good answer. While he spoke for 45 minutes without answering the question, he articulated a lot of wisdom gained through years of experience and perhaps prevented many of us from making common investment mistakes by helping us keep long term perspective.
@dontfighttheriptide4091
@dontfighttheriptide4091 2 ай бұрын
If there is concern about tire and dentist expenses, then IMO there should be virtually no focus on any investment until it is backed by both emergency and opportunity funds. And also IMO those funds should be capitalized in assets that can be collateralized in order to be in control of finance cost and inflation erosion, which bring back focus to precious metals as capital store… along with whole life insurance for contractual rights to liquidity. Investment focus shouldn’t be part of the equation until then
@noalmonds6993
@noalmonds6993 2 ай бұрын
You went from "need to know if price drops in a couple months," to "patience is key," pretty quick.
@william1863
@william1863 2 ай бұрын
Thank you men. Rick thank you for your insight and again thank you Bald guy money for having him on.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
You are very welcome sir!
@fu4616
@fu4616 2 ай бұрын
Preferring a physical bank over a phone app does not make one dumb. I deliberately stay away from banking apps due to the potential of hacking.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
He is know for his tongue in cheek humor. He is not saying you are stupid - he is saying it's not for you. Don't be fooled. Mr. Rule is a very nice man.
@JALRML1251
@JALRML1251 2 ай бұрын
I always enjoy Rick Rule. SPQR, Mary Beard, she's great. If one don't understand history one doesn't know where we come from, where we are and where we're going. Love your show BG.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks! Mary is a fantastic Roman historian.
@user-ku3ms6ie5n
@user-ku3ms6ie5n 2 ай бұрын
Rick Rule is fantastic!!! Very knowledgeable and experienced!!!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks for watching.
@user-uh6iz4tx5h
@user-uh6iz4tx5h 2 ай бұрын
Rick Rule is a legend and indeed did not disappoint!!! Can’t handle the volatility of the metal ( especially silver) market, you gotta ship out! Been in it for 15yrs and have seen a lot! I’m with Rule that without longer term perspective with this battle with our monetary system, you can’t win it!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
100%!! That is exactly what I wanted people to take out from this. So glad you watched. Wishing you a great day.
@SandwichKing-lj4ej
@SandwichKing-lj4ej 2 ай бұрын
Rick Rule is a very charismatic and smart commodities specialist, great guest.
@mlangbert
@mlangbert 2 ай бұрын
"The consumer price index has no relation to inflation." Love it. One for the books.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
He has a great sense of humor. By the way, thanks so much for joining Patreon! I hope you’ll love the experience.
@christophermccormick8670
@christophermccormick8670 2 ай бұрын
I can listen to an interview like this all day. You should consider a podcast Bald Guy.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks Chris. Love ya brother.
@OurHeroXero
@OurHeroXero 2 ай бұрын
Hey Bald Guy! Recently, iGold Advisor uploaded a KZbin video discussing the Gold:Silver ratio. They were discussing how, in the past, when the ratio breaks down through a rising trend, the price of silver makes an appreciative move to the upside. I was curious to hear your opinion on their claim/chart. Love the channel! Keep on keeping on ^.^
@shawnshively3778
@shawnshively3778 2 ай бұрын
Big institutions with a bunch of paper Silver and physical silver can put a short on silver and the sell silver at the same time. Then later buy the silver back and remove the short. Is that manipulation? It’s legal. It moves the market in their favor 😮
@lightyplays3390
@lightyplays3390 2 ай бұрын
until physical silver is gone.
@beebob1279
@beebob1279 2 ай бұрын
Again, a well done interview. I’d like to see more of these. I’m glad it wasn’t a doom and gloom of everything around us like many KZbin interviews.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
There is always hope!
@SilverSquirrel
@SilverSquirrel 2 ай бұрын
Congratulations on getting Rick on the show; I always enjoy watching him chuckle at we humble stacker's combination naivete and enthusiasm. He calls us 'Midnight Gardeners"! Touche, Monsieur! lol
@tomjohnson7398
@tomjohnson7398 2 ай бұрын
Great guest. Very educational. Thanks.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks Tom. He is a funny and intelligent man. Glad you enjoyed the video.
@clarencehoover6748
@clarencehoover6748 2 ай бұрын
2:55 Whoever thinks that China has stopped accumulating gold should also consider that mammals ceased the need to breathe oxygen.
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np 2 ай бұрын
I think I missed the answer to the question about what will happen to gold and silver in a 2008-style crash, although I'm sure Mr. Rule implies that these are very good places to be in such a situation. I think my ADD is working overtime. Thanks for having this very important guest!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
He said they sell off and quickly recover.
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np 2 ай бұрын
@@baldguymoney5568 Thanks again BGM!!
@TheQuickSilver101
@TheQuickSilver101 2 ай бұрын
This was fantastic. I appreciate the opportunity to hear such a legend and a brilliant mind. Thank you!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Cheers!!
@markbarnaart2381
@markbarnaart2381 2 ай бұрын
Finally getting a chance to watch your video yes 🎉 very hot in Michigan this week ! Thanks for the great videos and guest speakers your crushing it ! Stay cool !
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Hey Mark!! It was 108 in Dubai today - it’s killing me man. Thanks for watching and leaving a comment. Go Blue!
@markbarnaart2381
@markbarnaart2381 2 ай бұрын
@@baldguymoney5568 From the pictures I’ve seen it looks like a beautiful country have fun stay safe ! Go Blue !
@hoytstill3955
@hoytstill3955 2 ай бұрын
Anybody paying capital gains tax on pm’s is misunderstanding the system. Don’t leave a paper trail when it may cost you.
@rockytop6077
@rockytop6077 2 ай бұрын
Capital gains on money 😂😂😂 sounds absurd as it is....don't u think?
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Some people do, and I get asked about it often. I live in a place where there are no capital gains taxes. That said, I can't and won't tell people on here to break the law. Not a good strategy for a KZbinr.
@rockytop6077
@rockytop6077 2 ай бұрын
Mining is not going to work here fellas. I expect credit will disappear leading to mass unemployment. No credit equals cessation of operations and shut down of business. Leads to nationalization of these assets which you the investor will not be made whole. The only safety is to own the product not the producer here. Expect bankruptcies imo
@hannobergervanstichtingdie1710
@hannobergervanstichtingdie1710 2 ай бұрын
Thank you very much for the very informative and interesting video. Mr. Rule is a versatile expert, who has given me some important and useful considerations. Unlike most other PM colleagues, you bring useful and actionable information online. You're the best! Many thanks for that! Best regards from The Netherlands.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thank you so much for your kind words. I have been to the Netherlands before. Enjoyed it! Leiden was my favorite place. I spent a week in Noordwijk as well.
@hannobergervanstichtingdie1710
@hannobergervanstichtingdie1710 2 ай бұрын
@@baldguymoney5568 Nice to hear that! But to come back to your video with Mr. Rule: It is interesting that he indicates that the manipulations continue as long as the short selling of silver changes into long trading. However the question remains how that moment of turning will happen: Gradually - which seems unlikely to me - or will it happen with a Big Bang, which could have a huge impact? And in what timeframe would that take place? Is there a greater chance that, as so often happens, in the middle of 'our' night, or spread over several days? It is very important to be able to anticipate that. That seems essential to me if you can shed some light on it again. Of course without being able to give a real prediction, but if there is anyone who can say sensible things about it, it is you! Thanks again!
@Bobbydazzlla
@Bobbydazzlla 2 ай бұрын
I have gold and silver. Gold is the security and silver (hopefully) will be the work horse. If you ever wonder what the average price will be in the future just plot a line through the average prices over the decades (that's why its an average). Everything around that average, short term - is just part of the journey in getting there. Also, is it possible for Australians to open an account with Battle Bank?
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Good question about Aussies being able to have an account at Battle Bank. Maybe the website can tell you?
@bossz4320
@bossz4320 2 ай бұрын
I'm so pumped being almost breaking even after 10 year hold..
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
I am saying this from a place of wanting to educate. Going all in at one price point was likely your mistake (with respect). There was plenty of time of get on a schedule and buy $1400 gold after the 2011 blow off top which would have resulted in a 50% gain on those purchases. I talk about the power of DCA and scheduled pullback buying regularly and wish more people practiced it.
@2Eaglez
@2Eaglez 2 ай бұрын
Thank you for having Rick as your guest. Interesting and confirmed many of my own thoughts.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Very glad you enjoyed it.
@joem.7621
@joem.7621 2 ай бұрын
Bald guy is making it big.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Maybe one day!
@44door22
@44door22 2 ай бұрын
I'm calling BS on manipulation. He's in the middle of trying to get his bank charter approved. No way he is going to say anything negative about banks. This crap is what regulators like to hear. In fact, I would not be surprised if part of the approval was based on if he downplays the manipulation.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
I don’t know. I let the man speak and he said some very interesting things.
@ddprepper5227
@ddprepper5227 2 ай бұрын
Excellent report 👍👍👍👍👍
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Glad you enjoyed it!
@fu4616
@fu4616 2 ай бұрын
Gold and Silver -- My inflation-proof savings account.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Exactly.
@dajjalmohammadmulhidpeer5198
@dajjalmohammadmulhidpeer5198 2 ай бұрын
Wow!!! What a treat!!
@attila2a746
@attila2a746 2 ай бұрын
That was a great interview bald guy, I feel a little bit better about my oil stocks and my wildcard platinum holdings. Always a great show. Thank you very from much for the information you put out there for us.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
I am so happy you found value in it brother. He is a smart guy with a lot to share. I might try to get him to do something short with me for the Patreon. Let’s see. He is such a nice guy.
@attila6344
@attila6344 2 ай бұрын
All your content has value bald guy. I appreciate you getting the guest you’re getting in pretty soon. You should be at 40,000.
@IXIFrostIXI
@IXIFrostIXI 2 ай бұрын
fav channel
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks brother!
@micll3229
@micll3229 2 ай бұрын
Keep up the good work, thanks
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks for watching.
@paulciccarello661
@paulciccarello661 2 ай бұрын
Could you do a more in depth video on just Battle Bank,sounds extremely interesting
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Sure
@silverliner4894
@silverliner4894 2 ай бұрын
Good morning, BG. Great interview with Rick Rule. When Rick is the room, he is always the smartest man in the room
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
He is a smart and nice man!
@Chisca22
@Chisca22 2 ай бұрын
Good stuff BGM, liked and shared
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thank you so much for watching! If you have any questions, let me know. I can feature yours in my next video.
@nevillokapi3617
@nevillokapi3617 2 ай бұрын
Thanks I like the speculation on Platinum,Paladium(Russia,South Africa,Zimbabwe)❤🙏🙏
@midamericaaviation1648
@midamericaaviation1648 2 ай бұрын
Nice job getting him on the channel. And, you conducted a very good interview.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Much appreciated!
@Anrirua
@Anrirua 2 ай бұрын
Here we go!! Greetings from Ireland. ❤
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Hey! Thanks for watching.
@Karim-ik5ij
@Karim-ik5ij 2 ай бұрын
If gold drops to the low 2200's, I'm backing up the truck. There are hundreds of millions of people waiting for that and for that reason, I don't think it's going to happen
@markpatzner9862
@markpatzner9862 2 ай бұрын
Every tomahawk missile needs 500 ounces of silver. Have some courage buy silver and prevent war
@fu4616
@fu4616 2 ай бұрын
One monster-box at a time.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Many people say that - now let's look at reality. We don't know how much is in there because that information is classified. Moreover - reliable estimates put that number at 10 to 15 ounces.
@markpatzner9862
@markpatzner9862 2 ай бұрын
@@baldguymoney5568 why do (they) keep the data hidden? Why is there no transparency? Look at the silver used to make atomic weapons? Andy Schectman has said 500 ounces many times from someone who works in the industry currently
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
The data is hidden because the design is a closely guarded secret. You are free to believe Andy if you think he's right, but most evidence points to 10 to 15 ounces. And i say this as a silver bull! It doesn't need to be 500 ounces for me to be bullish - I hope that much is clear. I like to focus on what I can substantiate and prove to my audience. I would never sell you speculation.
@yalcinceylanoglu4482
@yalcinceylanoglu4482 2 ай бұрын
Thank you ❤❤
@aucourant9998
@aucourant9998 2 ай бұрын
This was really excellent. Thank you.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Glad you enjoyed it!
@rickengman
@rickengman 2 ай бұрын
Really great Interview, lots of great info here. Thanks BG.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Glad you enjoyed it! Great talking to you too.
@jonathanlunglo
@jonathanlunglo 2 ай бұрын
Excellent analysis, will definitely look more at energy, platinum, and palladium!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Cheers!
@georgemariotti8921
@georgemariotti8921 2 ай бұрын
my only concern is the risk of having my money in a bank. the rest is no worse than inflation
@jamesreimer7336
@jamesreimer7336 2 ай бұрын
At what amount do capital gains tax kick in an d how does anyone know what each person may have paid for gold?
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np 2 ай бұрын
On the second point, I'm guessing they expect to see a receipt to substantiate your stated cost.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Capital Gains taxes from place to place. You would have to contact an expert in your geographical area for that. I've got you covered on analysis, supply / demand, prices, and planning though :)
@lucya-v2c
@lucya-v2c 2 ай бұрын
Great Interview 👏👏👏
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks for watching!
@clkgroup6367
@clkgroup6367 2 ай бұрын
A very informative interview - Rick Rule is a wealth of knowledge.
@uwescherbaum9676
@uwescherbaum9676 2 ай бұрын
Look out for Pepper😊
@jaynawilliams8923
@jaynawilliams8923 2 ай бұрын
No one gets to hold my gold
@DavidG-qe7yn
@DavidG-qe7yn 2 ай бұрын
Good morning from Montana 😎
@user-ii2jm3tj2o
@user-ii2jm3tj2o 2 ай бұрын
I feel that rich people are afraid. That is my impression.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Rich people in general or elites? I’m not sure I understand.
@Virgin_Stacker
@Virgin_Stacker 2 ай бұрын
Good morning from the USVI🇺🇸🇻🇮
@george0r510
@george0r510 2 ай бұрын
So there were some in the PM investment markets that knew of the manipulation before the regulators took some to court. So everyone know of it happening. ??
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Seems so.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Seems so.
@MrRyan83
@MrRyan83 2 ай бұрын
I don't think true. Silver priced lower than highs of 1980's. Systemic manipulation.
@justsayin6795
@justsayin6795 2 ай бұрын
Good info thanks
@MadA-qc3to
@MadA-qc3to 2 ай бұрын
I FOMOed and managed to buy one ounce of gold at the all-time high (ATH). GREAT
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Arrrr. I hate to hear it, but it’s ok. Give it some time. Even buying the highs yields returns over the long-term.
@MadA-qc3to
@MadA-qc3to 2 ай бұрын
@@baldguymoney5568 Don't ask me for an investment advice. LOL
@shawnsecrest4097
@shawnsecrest4097 2 ай бұрын
It's only the all time high right now in two years you will wish you got more if that makes you feel better
@Stacked_high
@Stacked_high 2 ай бұрын
5th gold and silver video this morning that I've watched start to finish and fifth gold and silver video this morning to heavily plug Atha. Not a bad thing necessarily, just an observation.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
They were the sponsor of this video. Thanks for watching.
@cjoe1950
@cjoe1950 2 ай бұрын
Wow...Sean Evans from Hot ones is interviewing Rick Rule!
@johnneal4097
@johnneal4097 2 ай бұрын
O’ how the whole world is about to be Completely and Utterly Shocked!
@wernermesserer4464
@wernermesserer4464 2 ай бұрын
Great interview. I too would view the gold price more relaxed if i had the first 100 millions in the bank
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Haha. Thanks for watching brother.
@tinfoilhatplumber485
@tinfoilhatplumber485 2 ай бұрын
I'd be happy with PM at inflation adjusted prices
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Do you mean their inflation adjusted highs?
@tinfoilhatplumber485
@tinfoilhatplumber485 2 ай бұрын
@@baldguymoney5568 price reflected back to 1973 inflation adjusted since then ; I was 14 and pumping gas making . 90 cents a hour , gas was. 30 cents a gallon. you got 3 gallons of gas... today $12.50 a hour basically still gets 3 gallons of gas ... a pre 65 quarter and dime today still buys a gallon of gas.. nothing has changed only inflation killing our dollar .. a crime against all of us.
@pythonhighadder7982
@pythonhighadder7982 2 ай бұрын
I recently looked into US Treasuries and being an American through and through I thought yes USTs bolster the nations economics. After looking and calculating saw that I would loose $$$ if I did that and wow so sad ...
@TimothyWhittingtonYeOldeRufus
@TimothyWhittingtonYeOldeRufus 2 ай бұрын
Very informative. Thank you, gentlemen.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks Tim. Wishing you a great day.
@zerosumequation
@zerosumequation 2 ай бұрын
BRILLIANT . . . . . #twoBALDguys 😂😂😂😂
@TT3TT3
@TT3TT3 2 ай бұрын
2nd channel I see pumping ATHA
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
They sponsored a segment on my show to build awareness amongst potential investors. I am grateful for them.
@caseyrindal1815
@caseyrindal1815 2 ай бұрын
If the silver Market has been manipulated short term since 1974 wouldn't that be long term manipulation
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Great question. Take a look at the chart I shared showing the last 30 years of price action. Let me know what you think.
@Gold_Silver.
@Gold_Silver. 2 ай бұрын
The 2 headed 🐐
@DarrenSmith-tq2xz
@DarrenSmith-tq2xz 2 ай бұрын
Thanks for the great content once again God bless you Rick Rule
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks for watching!
@tonyt.5316
@tonyt.5316 2 ай бұрын
I took a pic with Rick Rule at VRIC… he is one tall man!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
He is also very kind.
@tonyt.5316
@tonyt.5316 2 ай бұрын
@@baldguymoney5568 Yes, he took the time to talk to my wife and I. I get "star struck" when I see people like this, and not "hollywood people" A few others we got a chance to meet was Lynette Zang and Economic Ninja. You guys are all my number ones to watch. Thats bald guy included at the top of my Sunday morning list!!!
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np 2 ай бұрын
Question for BGM: If the current gold spot price has downward manipulation baked into it, can it be argued that gold is more than a mere inflation hedge as it achieves fair market value?
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Definitely!! I believe I have demonstrated that gold yields a real return over long periods of time (even in the chart I showed in the video). Of course, that return is smaller than the S&P - but it is the lowest risk return you can get.
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np 2 ай бұрын
Thanks so much for replying. That was very helpful!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
And you can be sure it’s me. There is no team here - only Bald Guy 😆
@robertwilson214
@robertwilson214 2 ай бұрын
Stars have burnt out waiting for this mania phase!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
In metals? It happened as recently as 2010/2011. That’s not really that long.
@robertwilson214
@robertwilson214 2 ай бұрын
@@baldguymoney5568 not the seclar high
@truthteller6743
@truthteller6743 2 ай бұрын
Gold and Silver are insurance policies, not investments. And everyone should have one. I believe investments are things that print money. Everything else is speculation.
@pally867
@pally867 2 ай бұрын
That guy seems to know his stuff. I was not aware there are Magic Mushroom stocks. Interesting conversation.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Haha Rick is brilliant. Very experienced.
@Eli-qr9hc
@Eli-qr9hc 2 ай бұрын
I heard on another channel last week that they plan on buying the dip this week or within the next 10 to 14 days because they say the business quarter will end at the end of June… and then in July It would jump up (Precious Metals) . Any thoughts on that?
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
It could be true - I think we're more likely to see a boring sideways summer.
@NN-hq7fx
@NN-hq7fx 2 ай бұрын
Wow great video 👍
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thank you 👍
@doriannieciag6781
@doriannieciag6781 2 ай бұрын
There are countries where you don’t pay any capital gains tax on your gold
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
I know. I live in one.
@jimdcsi
@jimdcsi 2 ай бұрын
Why is there a threat of a market crash, where the USD suddenly becomes so incredibly valuable that investors are willing to take much smaller quantities of them in exchange for their holdings? It seems to me that the opposite should occur. Suddenly, the USD should become relatively worthless compared to any commodity? We all know that the USD has been inflated beyond imaginations ability to comprehend. It is worthless, for all intents and purposes. A market crash would be like me asking you how many paper clips would you except in exchange for an oz of silver. Why would you suddenly say, "Oh, my. Paper clips! I'll take 2 in exchange for my silver!" It doesn't make sense to me?
@gomariussmith
@gomariussmith 2 ай бұрын
Having assets such as Gold or silver 100% should be seen as pristine capital, yet to banks it seems to be treated as direct sunlight to your friendly local vampire... Hope BB services those outside USA as well. I'll be putting my name down for sure!
@44251
@44251 2 ай бұрын
Same sentiment from your run of the mill financial advisor
@gomariussmith
@gomariussmith 2 ай бұрын
Excactly! In Feb 2020 I applied for a personal loan and wanted to buy silver with it, convinced a correction was at the door. I was rejected, and the event still sits on my credit record that I was declined! I would have bought 3000oz of silver, and within 6 months could have sold half to repay the loan, with the other half owned free and clear! They rejected me as they could not loan an amount for "investment" purposes! That's an asset you banking idiots! They would have loaned the same amount if I wanted to go on an overseas holiday.... but buying an asset, resulted in the knee-jerk friendly vampire exposed to sunlight reaction! 🤯
@dazstone9331
@dazstone9331 2 ай бұрын
Champions thx gents ❤😂❤
@Coindom65
@Coindom65 2 ай бұрын
Is it true that silver is referred to as the Devil's Metal?
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
It’s a silly nickname given to silver by investors because its volatility has burned a lot of investors.
@Blayd1111
@Blayd1111 2 ай бұрын
SILVER will go Vertical SOON
@rockytop6077
@rockytop6077 2 ай бұрын
Maybe... but probably not just yet. More states are passing legislation to end taxes on minted products. They are not quite ready but it's a coming
@helennauschutz4981
@helennauschutz4981 2 ай бұрын
Mid next year is my guess
@stevekamitsis1327
@stevekamitsis1327 2 ай бұрын
Stavros in Florida says kalimera,bald guy, Wiseman 2 of 3,hope you're feeling better, now to the meat and potatoes, this was a fantastic video having RR on your video was awesome, I listen to both of you and what you have to say about things, but guys right now we continue to struggle with the disastrous bidenomics of sleepy Joe and disastrous KAMALA.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Kalimera Stavros!!
@just_ab_esq
@just_ab_esq 2 ай бұрын
Hi Bald Guy. Hi All. Greetings from the Scottish Borders. 👋
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Welcome!
@ynot552
@ynot552 2 ай бұрын
Good video
@bobsilver3983
@bobsilver3983 2 ай бұрын
Bald Guy rules!
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks brother.
@LarsonFamilyFarm-LLC
@LarsonFamilyFarm-LLC 2 ай бұрын
Enjoyed it..learned a lot of great information,,,can;t wait for the stock correction...I'm headed into natural gas.
@micll3229
@micll3229 2 ай бұрын
Do you change your view on the platinum group of metal?
@rockytop6077
@rockytop6077 2 ай бұрын
Platinum is the next one to move BIG imo. Time will be the ultimate judge. Be diversified
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
I don’t. I respect and admire Mr. Rule but disagree with him on that. My job in this interview was to allow another view point come across. My viewers are very intelligent and can decide what argument speaks to them most. That said, Mr. Rule and I agree on most things. Platinum is just a small topic in a greater philosophy on things.
@micll3229
@micll3229 2 ай бұрын
Good answer, thanks
@christopherk140
@christopherk140 2 ай бұрын
Tired of the talk about Battle Bank ….. action not words ….. where is the BANK?????
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
You can contact them I suppose.
@christopherk140
@christopherk140 2 ай бұрын
@@baldguymoney5568 been on their list as an interested party but no answer…..
@user-nz8wg9tc4q
@user-nz8wg9tc4q 2 ай бұрын
Hi
@tylershoemaker4886
@tylershoemaker4886 2 ай бұрын
I think he’s wrong about peak gas in 2065. Alternative energy is right around the corner (2028 IMO)
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
I disagree with Rick on platinum as well, but it’s good to hear his opinion. He is a smart guy!
@russelbrown6275
@russelbrown6275 2 ай бұрын
😂😢😮😅
@2Eaglez
@2Eaglez 2 ай бұрын
Natural gas is part of the green energy platform. The election will somewhat determine the intermediate future of oil and gas. If the green energy revolution is to continue at current pace it would mean Democrats win. That part is doubtful unless they dump Biden.
@nicholasblakiston6297
@nicholasblakiston6297 2 ай бұрын
Fear seems a reasonable motive as we stand on the brink of a banking crisis, bond market collapse, currency collapse and world war 3. #gold
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Haha exactly. Label me a coward 😂
@ChuckDowl-lh1ir
@ChuckDowl-lh1ir 2 ай бұрын
Canada is most certainly not a friendly and stable environment for mining
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Is that right? I’m Canadian and am a huge critic of the country but there is not a history of nationalizing mines there as is on there countries.
@TGriffiths-ve6nw
@TGriffiths-ve6nw 2 ай бұрын
​@baldguymoney5568 I am Canadian too but I am not so sure about the possibilities of the nationalization of a mine or 2. Canada has no gold bullion. Justin stated that we don't need it in the vault because we have it in the ground. Ok,,, aside from the fact that the gold that is in the ground is reluctant to leap out and form itself into bullion,,, "we" collectively as Canadian citizens do not own the rights to that identified gold because the people who identified the source and quantity have legally laid claim to it . So,,, Justin how do you turn their gold into "our" gold? The only way that I know would be to nationalize the mining company. Let's not even get into the fact that if a new mine is the hope to extract that gold will take about ten years before the first ounce is poured. You need the gold when you need the gold in a crisis and if you remember that you😮 foolishly sold all of your gold, waiting 10 years to get any more might be about 10 years too late . Justin is an idiot.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Justin is on his way out. You can dislike the direction of the country but let’s please keep things in perspective.
@ericparde8070
@ericparde8070 2 ай бұрын
Aspires to be a basket case…..a very creative description
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
He’s a funny guy.
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