How much gold & silver would you need? Let me know your opinion.
@alextitanrider5924Күн бұрын
12.5 standard pounds of gold for 15 years for a bit more than a troy once of gold per month. It barely will cover the cost of living. multiply the number by 90 (at this date in time) for silver. that is roughly a half million dollars. bullets would probably be a better bet for bartering so that you don't get mugged for the shoe box of gold and or silver you carry around.
@stratcaptain66Күн бұрын
I have no illusions or pie in the sky delusions of what my bullion will be worth. My metals will preserve my purchasing power, and that’s all it’s required to do, which is far more valuable than the fiat everyone running pretending is worth something today.
@swilliams937Күн бұрын
As I start to watch, everyone would need stocks of food, water, pew pews, pew pew dispensers, and enough silver and gold to replenish the above as well as obtain other goods and services. Sorry for being vague. 🫣
@MC-.-Күн бұрын
@@goldsilverstackers1 I think silver about 250 silver eagles current dates. No other type of silver. However a few 10th ounce gold eagles would definitely help. Also IMO, gold, enough to pay off mortgage balance should the price of gold hit 40 THOUSAND DOLLARS per ounce. If you currently owe 400k than 10 ounces would be enough. However, as a general rule, 10% of your net worth should be in physical gold.
@MegaHitman666Күн бұрын
Gold and Silver price will be higher than anything else during inflation . Real state certainly will be lower because when interest rate rises , people won't pay mortgage and demand for real state will be very low and so the prices . Depression happens after hyperinflation but gold and silver will stay high .
@11Bravo84Күн бұрын
One of the top gold and silver channels on KZbin today.
@goldsilverstackers1Күн бұрын
Thanks 🙏
@TexCenКүн бұрын
@@goldsilverstackers1 - They're right. In a world of clickbait, quality content stands out.
@OnSafari247Күн бұрын
Actually, because it's a worldwide event, then the value of gold and silver would go up even more than it did in Germany. If you have the whole world chasing after a limited supply of metals then the value increase of the metals would be even more dramatic. And also, as you said at the end, the majority of the population does not have precious metals. Wealth is something that is measured in relativity. If you have some metals, and the guy next you has none, then you're rich compared to him. Given that few own metals, then a person would not need to own a large amount to become wealthy in that scenario. So basically, I disagree with you. Of course, the Satanists who control this world, will stop at nothing to prevent gold owners from getting rich, so, we'll see what tricks they pull. That's another issue.
@ASLAGLКүн бұрын
I would say the average stacker own between 500 oz to 5000 oz in silver for gold 10 oz to 50 oz
@maxcactus714 сағат бұрын
500-5000 oz Ag? The high end seems like a lot to me - a lot of weight and volume both. I would guess the % of stackers with > 1000 oz Ag is quite small. Just my opinion.
@jaya.0069Күн бұрын
As a boomer (and don't mind if you call me one) I stack for the security of something other than holding fiat. My daughter and her family will get it when I'm gone and knowing that is comforting also. Enjoying your content.
@WhaticansayaboutitКүн бұрын
++++ - that's beautiful
@slapdat.bytemeКүн бұрын
Our situation too 👍🏼
@davewood8985Күн бұрын
Gold and silver a preservation of wealth.
@WhaticansayaboutitКүн бұрын
Gold for wealth preservation and silver for barter or to maybe get rich. 👍
@domdesant808523 сағат бұрын
In the Wimar Republic a Waitress was given a Gold coin as a tip. After the hyperinflation, she was able to buy the coffee shop she worked in with that Gold coin.
@goldsilverstackers122 сағат бұрын
Cool story thanks
@jake8077Күн бұрын
My goal is to get to 500 ounces of silver and 5 ounces of gold ... I am about 1/3rd to my goal
@11Bravo84Күн бұрын
👍🏻
@MM-cp4miКүн бұрын
might want to consider not buying silver, instead only buy gold.. say just 5 ozt gold instead. Look at a 50 year chart of gold and silver... you will notice there has never been a bad day to buy gold... lots of bad days to buy silver.
@bradb.3594Күн бұрын
That was my exact goal when I started..you'll get there quicker than u think, then you'll likely decide to keep going..happy stacking
@jake8077Күн бұрын
@@bradb.3594 thanks!
@mpetty9947Күн бұрын
@@MM-cp4mi All one has to do is look at the gold to silver ratio historically. It WILL revert to historical norms as the US Dollar completely collapses.
@ronmueller1164Күн бұрын
If a dollar crash happens, better hope you have more food, water and security stacked than precious metals.
@goldsilverstackers1Күн бұрын
I think you are right
@snowrocketКүн бұрын
Don't forget energy; gasoline, diesel, home heating oil, propane, natural gas, coal, firewood, solar, windmills, and a power bank. All of this would go up as well and everybody needs this to live. In a currency collapse, imagine within two weeks(?) gas going up to $12/gallon. Related to this is transportation. At $12/gallon, most people can't afford to drive. For those that can, suddenly any car that gets 35+ miles per gallon is worth gold, and you can't give away a big-block gas car. Trucks would only be valuable if you're using it as a truck all of the time. Demand for public transportation would skyrocket.
@thetravelingmyfundsarelow1693Күн бұрын
If the dollar collapsed , they would not let it go on for 15 years. My opinion: 5 years the most. Also Venezuelan collapse , the people bought 1 month of groceries for 1 oz silver. Anyway good video as always 👍🏻🇺🇸
@conspiracystacker21 сағат бұрын
Own as much silver and gold that you don’t want to lose otherwise. Thats it.
@MMan-yo3ixКүн бұрын
I just got as much as I could till 65 and started selling back a little every month.
@TheirsHopewithJesusChrist_277Күн бұрын
That's the easiest way I feel like
@11Bravo84Күн бұрын
One of the top gold and silver channels on KZbin today. My wife and I are set to retire soon, my biggest fear is outliving my retirement funds.
@goldsilverstackers1Күн бұрын
Thanks
@siulanainadКүн бұрын
Find more information about annuities. Cheers
@edb3877Күн бұрын
@@siulanainad Better yet, do an online search for "annuity" and "problems". That should generate an enormous number of hits. Annuities are very profitable for the insurance industry but only a fraction of the people who buy these are actually suited to them. I invested my 401k --> IRA rollover money into a group of mutual funds at a low cost brokerage house 20 years ago and I now have more money than when I retired... after spending roughly $640k of it on my retirement living expenses. Anyone going the annuity route should consider that in a severe financial collapse, that annuity they bought and the company that sold it to them very well might not be around. At the very least, hire an annuity advisor to find the best one that fits your situation and needs at a fair price.
@briancallahan5673Күн бұрын
I feel no matter what age 100 ounces of silver per person in your family and maybe 5 ounces of fractional gold each. I don’t have any silver, but I got enough fractional gold. Especially grams.
@bruce5895Күн бұрын
All fiat currencies go to zero value, that's a given fact. So what then, we go to a different currency, but know that Gold is real money and always has been meaning all currencies no matter what format will be priced based on Gold, that is a measure that will never end. So in the end you can use Gold as currency or convert it to the latest gov. currency, thats the way I see it. And the more spending, printing, inflation or currency devaluation, the higher the price of gold will go.
@11Bravo84Күн бұрын
I know so many older people who retired with good pensions, and at that time, decent savings who are struggling now, just to pay the bills and put food on the table
@goldsilverstackers1Күн бұрын
That’s the point of this exactly
@michaelrhodes6461Күн бұрын
I am one of them
@11Bravo84Күн бұрын
@ 🙏🏻❤️❤️
@loueckert4970Күн бұрын
Picked up some silver buffalos to complete a tube, keep stacking
@goldsilverstackers1Күн бұрын
Keep at it!
@CoralTheWitch2023Күн бұрын
Thank you for shooting this video! I just started collecting precious metals during this past December. I’m 54. I think you’re right. I’m just stacking what I can. I see benefits to owning physical precious metals.
@EssentialTam33Күн бұрын
Congrats and happy stacking😊
@calvincooper1122Күн бұрын
Buy every month
@martinbeckmann9376Күн бұрын
Keep at it bro. It piles up incredibly fast. Trust me on this.
@WhaticansayaboutitКүн бұрын
Welcome to the party 👍👍
@David_1977Күн бұрын
5% of net worth between the ages of 18-29. 10% of net worth between 30-39. 15% of net worth between 40-55. 20% between 56 to 64. 25% 65 and up. Also other factors in play such as if you own real estate and martial/family status.
@slapdat.bytemeКүн бұрын
Very good advice. Not only can you not have enough PMs, you can also have TOO MUCH of your net worth tied up in PMs, losing the appreciation of other (diversified) assets.
@michaelphillips312321 сағат бұрын
62 years old and 30% in gold. Driving hard.
@63birdseyeКүн бұрын
Just my opinion but if the dollar collapses we will not be using the dollar as value.. I believe that the value would not be based on dollar value so everything would have a different value according to shortages ect.
@cheesemouse7774Күн бұрын
The better question to me is… “How many ounces of silver [or gold] does a person need to be in the top five percent of holders in the world?” If you’re in the top five percent you’re better off than the bottom 95% so you should have enough to survive until things straighten out. That’s my two cents.
@lolly_bread10 сағат бұрын
"As of 2024, there were approximately 58 million millionaires in the world" and I ain't one of 'em :|
@mazdafiero112Күн бұрын
I think the world wake up quick to them seeing how they've been money for centuries. I think we'll be in a league of our own.
@randy21810Күн бұрын
your an excellent speaker your clear and honest keep it up your cannel will grow the bottom line is to be as self sufficient as possible
@benjaminmale601Күн бұрын
The fiat dollar won't be around in 20 years so don't worry about what it's worth in dollars
@goldsilverstackers1Күн бұрын
I agree
@goldensilver793Күн бұрын
I have a budget...saving enough in metals to live 20 years without retirement or social security...
@WhaticansayaboutitКүн бұрын
Yup. Well done.
@cheaplaughkennedy2318Күн бұрын
Actually the system is insolvent as it stands , just counting the U.S. with 135 percent debt to GDP. In fact the U.S. is the most indebted besides China a strong second. Some people claim that the world reserve currency cannot and has not ever dealt with hyperinflation but this situation is heading in just that direction.
@danpedlow8306Күн бұрын
Stacking is a great way to accumulate wealth. The government and the nursing homes do not know you have it. If you're retired and you are running short, you can go to a coin shop and cash in several oz of silver and buy some groceries, or an ounce of gold and pay your property taxes.
@commodityjaneКүн бұрын
I believe they can slow inflation down, but not stop it, due to the fractional reserve banking system based on taxing and printing paper dollars. I think precious metals will become quite valuable when the country finally admits bankruptcy, which means you don't really have to own a lot of it as it will continue to rise in dollar value as the dollar fades out.
@ngmookleong3415Күн бұрын
inflation will come down , no credit to Trump or fed but rather economy would be so screwed that everythings will cost much less except Tax and Tariff .
@mr.rhodes9127Күн бұрын
Confidence in the dollar right now is still extremely high here in America to the point where most common folks don't have any gold or silver while the spending power of our dollar continues to fall, most of us are not paying attention to this absolute fact.
@WhaticansayaboutitКүн бұрын
I would consider the advice of the late Jim Sinclair. He said to be rich, you should have 3,000 oz. Then you will never need to worry about money and you will always be rich. The other thing that struck me was his advice that you could live comfortably on 2 oz of gold/mo (24 oz of gold per year). So, if you want to live comfortably and pay all your expenses - for 15 years, you should set aside 24 oz X 15 years = 360 oz. Pretty simple. And, I would add - consider having 20% of that value in silver as that would be helpful where barter is needed. 😊
@ChristIsLord7Күн бұрын
You need a million dollars in gold lol.
@lolly_bread10 сағат бұрын
@@ChristIsLord7 Teehee!! Yeh if I had a $mill to spare for gold...
@SilverBackStackerКүн бұрын
If we gotta use silver and gold instead of fiat then you wanna have lots of FRACTIONAL. You CAN pay for a loaf of bread with an ounce of gold.... lol, but I'ma keep the change.
@philmckracken1354Күн бұрын
I look at it like if the dollar goes away and they give you 1 to 100 or 1 to 1000 exchange rate for the new "whatever" I will be able to protect my wealth now, and be able to buy in to the next scam when needed with my metals.
@StatlernwaldorfКүн бұрын
Great video! It’s totally impossible to tell how much you will need…dollar goes to zero -how much would gold be worth then? & if it all crashes…food, water & safety would be worth more than all the PM’s.
@martinbeckmann9376Күн бұрын
You just admitted in public for all to see that you don’t understand pm’s. Better rethink your logic.
@StatlernwaldorfКүн бұрын
@@martinbeckmann9376guess I offended a bullion shill -my apologies 😂
@henrybowman6929Күн бұрын
To stack requires positive cash flow, which may not always be the case, so stack when possible. If you hang around long enough, you won't regret it. I'm often reminded of that saying, The market can stay irrational longer than you can stay liquid. ...thanks to central banking.
@henrybowman6929Күн бұрын
...thanks to central planning, herding investors
@Hawkeye2001Күн бұрын
In 1964 a silver quarter was equal to a gallon of gas, a silver dime was equal to a dozen eggs. If the economy crashes, I would expect to see the cost of goods would also collapse. That silver dime may once again buy a dozen eggs.
@Abraham.Lincoln22Күн бұрын
Not at today's price fella.
@davewood8985Күн бұрын
Bought my first car. 1970. Filled my car up at a cost of 22 cents per gallon.
@DeanGullberry-s4zКүн бұрын
There won’t be anything to buy short of a local farm. And you would need a bike or horse to get there.
@Hawkeye2001Күн бұрын
@@DeanGullberry-s4z And woe onto anyone living in the concrete jungles. Rural America may survive, more or less intact.
@WhaticansayaboutitКүн бұрын
@@davewood8985 I can remember 24.9 cents for regular when I was a kid!
@rjsledzКүн бұрын
And this is something that a lot of dealers never answer and that is who are you going to be able to barter with with your silver and gold? Who is going to be left to be able to change silver and gold into Fiat dollars to use? I think that's a bigger question to answer than anything else. Having said that I am very big believer in stacking.
@actualsurferКүн бұрын
Nobody because fiat wont be a thing.
@mimaroo143122 сағат бұрын
I won't be trading my metals for fiat, only for land, goods and services.
@Mr.Peabody961Күн бұрын
It would be chaos… people think the government will protect them. Nothing could be further from the truth. The only person you can depend on is yourself. Hope for the best prepare for the worst. I am.
@edb3877Күн бұрын
If the 💩hits the fan, the government will be looking for ways for IT to survive and maybe some of the people whom they deem as necessary.
@lawtongraham7400Күн бұрын
Gold and silver and food and water and community and faith in the Lord Jesus. A garden would help. Guns and ammo. Knowledge,Wisdom, Family
@edwardsawyer2369Күн бұрын
I don’t have the apocalyptic view. The fed will always fight (ok, hyper inflation could be). My wife is 15 years younger than I. She understands my stack in detail, plus my graded mint state Franklins so she doesn’t have to argue. For me a store of value and savings.
@Eli-qr9hcКүн бұрын
THIS is the topic (along with a retirement subject) that always needs to be revisited a few times. I’m stacking for savings / then retirement. Thanks.
@HectorJR1979Күн бұрын
Another home run, this channel is great !!
@goldsilverstackers1Күн бұрын
Wow, thanks!
@StackingGrocerКүн бұрын
I think if the economy tanks, precious metals would appeal to those who know and understand its value. The problem is buying food or other essentials from every day people with metals is just not going to happen bc they won’t need the metals or understand their value. They are going to be on a barter system with essential items that they consider important to themselves (food, water, security, etc.)
@JustmekpcКүн бұрын
There’d be no value until there became an imbalance of wealth between people When someone has thousands of cows and chickens and food etc only then would metals matter to anyone
@edb3877Күн бұрын
@@Justmekpc Right, which is another way to say that everything has its time and place for being of recognized value. DURING a financial crash is not the time to be selling or bartering. AFTER the crash is over and the dust has settled, then people will be looking for ways to buy and sell. Early on in the collapse, trade goods will be of considerable value. Things like needles and thread, fishing line and hooks, socks, gloves, tools of all kinds, ways to make light and heat, soap, knives, ammo, coffee, tea, honey, chocolate, etc. will all be excellent barter goods, as will books, especially the "How To" make, build, and repair kinds but also novels of various kinds.
@actualsurferКүн бұрын
That will last about 2 minutes...then everyone will understand.
@SubtleReedКүн бұрын
People just don't understand yet.That gold is real money. And everything else is just a promise......😅
@SubtleReedКүн бұрын
I don't think you all need that much. According to Alasdair mccloud, if you acquire approximately 30 or so kilos of silver. You'd be set. I mean, like, really set. Target 5 years. Anything? Over a thousand ounces plus will make you rich. Worth Two million will definitely happen.
@slapdat.bytemeКүн бұрын
1,000 ounces of silver? Out of reach for 90+% of stackers. That advice from mccloud is crap.
@SubtleReedКүн бұрын
Fiat currencies are dying. Fiat currencies are just a promise that can be broken.
@RandolphSotomayer16 сағат бұрын
Hello, Scott. I agree with you. Also, this is a good video one interesting thing about precious metals is it's unpredictability. Nobody really knows what's going to happen. E. I also believe it is vitally important to have a substantial stack.Like you said you're a whole lot better off with it than without it
@kennethprice5628Күн бұрын
I dont trust cryptoes or the stock market, dont know enough about it so the only thing of value to me is food, preps, security, gold and silver, just the basics, please😂
@slapdat.bytemeКүн бұрын
That’s fine, but you’re missing out on the opportunity for your money to make money for you (passive income) if you avoid the stock market and fixed-deposit accounts (CDs, money markets, etc).
@GWAYGWAY13 сағат бұрын
If the dollar falls there will be NO means of exchange for any gold or silver , only barter as a way of getting food etc.
@EssentialTam33Күн бұрын
First time viewer here 😊. Interesting topic! My thoughts are 1-PMs are probably going to be the building blocks of any renewed economy . In the meantime, 2- can't buy what's not available (ie, 2020 TP challenge) so stacking should go hand in hand with procuring barterable goods
@goldsilverstackers1Күн бұрын
Interesting!
@cheesemouse7774Күн бұрын
That ratio is whacked. In my mind, silvers on sale and it will remain on sale until someone stops the blatant manipulation on the commodities exchange.
@Malice_LonewolfКүн бұрын
I think you fail to understand that the dollar is not real currency when we have to go to hard money the value of silver and gold in relative value will skyrocket. Gold and silver are also heavily suppressed at the moment. It's true value is much much higher than current pricing.
@ferebeefamily8 сағат бұрын
Thank you for the video.
@ddprepper5227Күн бұрын
Excellent report 👍👍👍👍👍👍
@mikee1422Күн бұрын
You will need as much gold as it costs to get bread, jelly and peanut butter if you can find any.
@SubtleReedКүн бұрын
Gold is gonna be revived within the next three years. To its real value. Which I think is probably around between fifty thousand and two hundred thousand dollars an ounce. All I can say is thank you, mister BRICS.
@actualsurferКүн бұрын
Spot on.
@michaelphillips312321 сағат бұрын
Bullshit.
@actualsurfer21 сағат бұрын
@@michaelphillips3123 you should sell yours now, while it’s worth something!
@VictorWebster-h1oКүн бұрын
All of it is the correct answer lol. My goal when I started was about a year’s worth of my salary.
@EssentialTam33Күн бұрын
Mine too! Next is working on the hubby's income😊
@ozyrob1Күн бұрын
No one really knows what you would need. Everyone's number is a guess. I think good farmable land you can live off is more valuable in a full dollar collapse..I just don't see that happening. Americans lose perspective with regards their dollar and it's strength. It's by far the strongest dollar on the planet and because of that Americans are currently buying PMs at a big discount compared the every one else outside of America. Gold is touching $4400 in Australia now and silver roughly $48.50. Maybe it doesn't feel like it but if you're American, when compared to every other country, many things including gold and silver are a screaming bargain there right now.
@jimlewis5477Күн бұрын
I stack so that when I die my wife or son will sell off my stack for a fraction of what its worth and go on that vacation they just know I would want them to take. This is probably what will happen to my stack.
@michaelphillips312321 сағат бұрын
Sad, but probably true.
@lolly_bread10 сағат бұрын
At the end of the day it doesn't matter how much you stack/save ONLY that you DO stack/save SOMETHING. Virtually everybody spends what they earn, so INSTEAD, if you can put SOMETHING aside for the future, in a form like PM's that is hopefully immune to devaluation, and will probably go up in rue value, then you're on the right path.
@jasonwece2528Күн бұрын
I think you are realistic and likely more sensible. However we are living in unprecedented times and could see inflation drive them both much higher than even 4x. Great video though and sensible approach
@goldsilverstackers1Күн бұрын
Thanks for sharing!
@martinbeckmann9376Күн бұрын
All our calculations are distorted because the gold silver ratio is so distorted. One can only calculate their true purchasing power if the g/s ratio goes back to historical averages. Then it will become apparent us stackers have way more than we need to make it through retirement. You can thank the federal reserve and most central banks worldwide. A Roman denarius would be a good example to base realistic purchasing power on for us average working stiffs. But only if you actually did buy some. Otherwise you’ll be shit out of luck, like the rest of humanity.
@AlanJohnson-w2uКүн бұрын
Where is your store?
@johnkravochuck725Күн бұрын
Trump said we are entering the golden era like 3 time during his speech. You can take that two ways.
@snowrocketКүн бұрын
I like Trump a bit, and his general policies a LOT. He exaggerates a lot, and I think he was trying to be hopeful. I think it's likely we will see a Great Depression during his term, and it will happen no matter what he does. There are too many economic indicators in our economy going in bad directions and I think that has too much momentum. It's a lot like a runaway tractor trailer going downhill with overheated brakes on a mountain highway. You can get in front of it with a police car with big brakes to slow it some, but your brakes will overheat too, and the end result will be nearly the same.
@BillGuyHawaiiКүн бұрын
I am just not sure silver or gold will be worth anything. You can't eat it. So long as there is a dollar, gold and silver are a hedge against inflation. That's about it.
@jake68vestaКүн бұрын
Hi, here's a story from Lynett Zang her grandfather said in the depression for 25 ounces of gold you could have bought a whole city block in New York city everything in it for 25 ounces of gold had you had the gold. I believe that story because gold has always given a good value no matter what the economy is doing at the time. I also believe the altimate result is to own gold! Thats why they say to buy cheap silver and when the ratio is getting closer to the desired ratio to trade for gold sell silver and buy gold. Another thing I'm thinking is if you can afford gold just buy gold because when the ratio of silver to gold is right alot of people will be doing that. Also as gold go up the dollars are going up in ten's of dollars or more when silver will only being going up in cents. I've seen in the recent past gold going up in one day $40 and silver only going up pennies. So what would I rather have ten's of dollars or just pennies? So can you wait for the ratio to equal if it ever gets to that point again, I've bought gold and has gone up pretty good but siver hasn't done as well there is alot of manipulation going on with silver and maybe gold but not as much from what I can tell. Silver takes alot of room to store but gold I could put $20000.00 in my pockets and silver for that amount I would need a 2 wheel cart to haul that around.
@patrickjoseph6Күн бұрын
Don’t forget about platinum when it comes to inflation…….platinum has been known to do well in inflationary times
@actualsurferКүн бұрын
Forget about platinum
@aarongeorge6233Күн бұрын
Better idea - swing trade metals (buying previously and now) and sell during the coming inflation to pay off your debt. Don't try and retire on them, they aren't made for that although they are great.
@cheesemouse7774Күн бұрын
They will go up at larger multiples because of “derivatives”. When the dollar fails, the stock market fails and the derivatives will cause the multiples of silver and gold to increase at a very rapid rate. Silver would go up by the higher multiple, as it is currently 85:1 to gold. The ratio is skewed because it comes out of the ground at a different ratio.
@davenelson859Күн бұрын
Hello Slick Willy , what up ? GREAT INFO as always , Thanks *** BOOMER BRO ........ lol ...
@georgebrown4515Күн бұрын
Gold at $50,000 makes this alot easier.
@SmithsnMozКүн бұрын
Picked up 3 SILVER EAGLES.... NOT TOO FAR FROM Eagles MONSTER BOX! 😊
@johncook8238Күн бұрын
You need to consider that when the dollar collapses, PM's will go up in price. There will be no other money.
@davidboyd811319 сағат бұрын
You don’t seem to understand that precious medals are a hedge against inflation but food water and some form of protection will be a site more important when things go bad which is going to happen really soon
@KoDeMondoКүн бұрын
This type of comments happened when people don't have the full understanding on what type of scale of disaster we are in. So if don't have idea of the magnitude of the Fiat currency crime made against humanity you can't give such explanations.
@PMStacker72Күн бұрын
We stack in the hopes we never have to use it, but if shtf pms won’t be valued in fiat 1, it’ll be bartendered between you & seller, 2 it would primarily be used for short term purposes imo because anything longer than 6mo it won’t matter anyway we’ll have much bigger issues than just pms, 90%, 40% & fractional gold will be enough to get by for a bit-10k of ea after that we’re fukd anyways better have plenty of lead/family to protect the lil you have left imho great topic sir😎👊🏼
@David-ok9skКүн бұрын
Not a possibility an ineviatability
@MC-.-Күн бұрын
The dollar is solid! But I like gold…
@lannydante939015 сағат бұрын
I read a story about a German waiter who survived WW2 and had worked at a hotel..after the war he went back to his hotel that somehow survived allied bombings …he was able to buy the hotel for 5 ounces of GOLD!
@PopnpoffКүн бұрын
You should look into other curriencys that gave failed and look at the price of gold and silver. It always goes way up. But we r going into a new financial system soon using crypto and asset backed tokens.
@Virgin_StackerКүн бұрын
Up is down, down is up. If bitcorn (non-tangible) can go insane in price, why wouldn't metals (tangible) as it's been in use for thousands of 10:48 years as an exchange for goods and services. Why else would the world central banks accumulate metals? Will the US reevaluate Au? They did it before. The markets could reevaluate metals before the US might, interesting times. Stack on⏳
@double-7evenКүн бұрын
"I Want It All"
@domatthew1666Күн бұрын
After stacking tens of thousands dollars of "precious" metals and thinking through the articles and videos I have watched on gold and silver, Gold is still the best metal to hedge against fiat currency crash. Times have changed thru the decades and centuries. Silver has become an industrial material and not really precious metals. I'm still keeping my silver though as I don't have a crystal ball.
@goldsilverstackers1Күн бұрын
I agree
@blaccsilverstaff5484Күн бұрын
1: you can only stack as much as you can 2: have other things to barter with tobacco/ booze/ medicine/ trade 3: have other assets real estate/mineral rights/ businesses
@martinbeckmann9376Күн бұрын
When the shtf, people will very quickly learn to understand precious metals. As long as you have heavy duty tin snips or bolt cutters and an accurate electronic scale one can do business in a bankrupt country. This is how it done in Venezuela. Negotiate a product or service and weigh out a gram or two of silver and get a haircut or whatever. Most second or third world people understand this intuitively. It’s only us here in the cushy west where we have been brainwashed into thinking paper currency is money. Throughout 99% of history gold and silver were used as money, only nowadays we think it’s archaic. That’s how completely we’ve been brainwashed.
@mpetty9947Күн бұрын
The award for most relevant comment goes to Martin.
@steyyyjspapaКүн бұрын
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated!!
@AlbertEischtedКүн бұрын
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
@DivaHarrisonКүн бұрын
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
@AlbertEischtedКүн бұрын
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure.. So I really don't blame people who panic.
@DivaHarrisonКүн бұрын
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
@steyyyjspapaКүн бұрын
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?? and How can i reach her, if you don't mind me asking?
@bill457217 сағат бұрын
At my coin club I heard a story of when the persons mother fleed from Germany with a bunch of German paper money anyway one silver German mark was worth more than a wheel barrel full of paper money I would believe that you could buy a building with a gold coin by hearing that story
@cheesemouse7774Күн бұрын
So, in my mind, if you’re in the have between 200-300 ounces of silver, you should have be doing just fine according to the world wealth statistics.
@SubtleReedКүн бұрын
Costco set the standard when they started selling gold & silver. Obviously costco knows basically citibank knows that golden silver are gonna be in high demand without question.
@cheesemouse7774Күн бұрын
@ $30/oz. That’s a $6,000.00 to $9,000.00 investment, of federal reserve notes. That’s the cost of a good ten year old automobile to me.
@goldensilver793Күн бұрын
Thanks GSS...🎉
@KoDeMondoКүн бұрын
It depends on how much you want to preserve. However, if you see similar case in history weimer events are very common, I prefer to avoid list them here. So to be fair silver is a great opportunity to be on the safe side. The attractive price give possibility to stack to everyone of us.
@WhaticansayaboutitКүн бұрын
In a hyperinflation, the first thing to disappear are the coins as they will be perceived to be of more value than paper. Stack some nickels now before they disappear. US nickels are still guaranteed by the US Mint to be 75% copper and 25% nickel. The only US circulating coin that has not been debased! The melt value is more than 5 cents. Maybe you should go to your bank and put some of these away - there really isn't any downside except for the bulk. Will nickels disappear from change soon? What will these buy if we get hyperinflation?
@Eli-qr9hcКүн бұрын
@@Whaticansayaboutit i’ve been saving Nichols as well for a couple of years, but I just concentrate on one certain year and back since the newer Nichols have zinc in them
@WhaticansayaboutitКүн бұрын
@@Eli-qr9hc No. You are incorrect. www.usmint.gov/uncirculated-coin-set-2024-24RJ.html Look under specifications: "25% nickel - balance copper". It is the penny that has zinc.
@MM-cp4miКүн бұрын
When a currency collapses, it will just be reissued (see 2016 Venezuela & 2008 Zimbabwe)... ok so now we know we are never going to be in a barter situation and lets get serious, very few people will want silver for something functional... If the point here is never invest in fiat, then agreed. Silver is affordable... but really a bad investment (factor in bid/ask spread and its long term rate of returns) and for sure not an insurance policy. Gold is the only good option and premiums on 1/10 gold pretty low if your don't have much cash. Entertaining vids though.
@edb3877Күн бұрын
Yes, replacement currencies are easily dreamed up but the real problem is that simply issuing a new currency does not solve the problems that trashed the old currency. We hamsters have to get off that fiat currency wheel and try a different approach to making a living and preserving our wealth for future consumption.
@mpetty9947Күн бұрын
Silver and Gold have been money for 5000 years. You can bet your bottom dollar they will be used extensively for barter to obtain food, guns / ammunition, clothing etc., whatever you need. Just look at countries that recently went through fiat implosions. Silver was used in 90% of the barter transactions.
@14Unow19 сағат бұрын
There would not be enough gold to go around the population. On that basis, gold's value would increase exponentially. The average person currently owns 0.2 milligrams of gold. Even if the USA government sold all it gold, 8143 tons, that would allocate 0.0008 oz to each person. Demand would far outstrip supply, and banks would not release their gold. Infact, they are now buying gold as fast as they can. In a Fiat monetary collapse, gold and silver prices would rise rapidly, but so might inflation!! A little gold and silver will go a long way in this situation.
@bruce5895Күн бұрын
So you want reality, ok, so the central banks of the world are stock piling Gold along with countries, why for a number of reasons, one to back up there future currency when there is a reset, two because its a tier one asset and is classed as the highest form of payment on the planet according to the bank of international settlements, three because there are now 8 Gold backed Stable coins worldwide now and two them are in the States, imagine that, which gives gold more purpose if you follow what I mean, also now there is a company that you can buy physical gold from that gives you a debit mastercard that you can use worldwide to buy anything you want without the fiat system or dependance on any other form of currency. So all that been said, to answer your question, it looks like the future of gold is here to stay even if the dollar is not, the only people that will be worried are the ones that don't see the light of the yellow metal, end of story.
@lolly_bread10 сағат бұрын
Reality is good, but sometimes Punctuation is useful too! Sheesh!
@bruce58953 сағат бұрын
@@lolly_bread never went too far in school, trained myself until my IQ got to 160, worked for myself, now I pass on what I learn to others.
@mpetty9947Күн бұрын
You have to think back in history what happened when a fiat currency of a country collapsed. Take Weimar republic Germany for instance. Silver and gold did in fact rise exponentially (around 10,000% increase.) People could buy houses with a couple of gold coins.
@leovenier101116 сағат бұрын
Dollar is still ❤ outside the country and goes along way 😮
@patrickjoseph6Күн бұрын
I’m a Boomer and damn proud of it !
@jeffreyking2604Күн бұрын
Grabbed a few more oz of AG at my local coin shop today
@mfb3042Күн бұрын
I stopped with the hobby part. I just buy dimes. I don't know how to stop. After a few weeks I feel I should buy some more dimes. I'm in my 70's.