This Much Gold Puts You in the Top 1% - The Gold Millionaire Club

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2 is 1

2 is 1

Күн бұрын

Welcome to the Gold Millionaire Club. Curious how much gold it would take to be ahead of 99% of the world? We take a look at the simple average gold allocations each person could have and then take a deeper look at the world's wealth distribution and apply that to gold supply.
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Пікірлер: 589
@2is1gold
@2is1gold Жыл бұрын
Have you subscribed? We'd love to have you! kzbin.info Memberships are here too!
@sang3Eta
@sang3Eta Жыл бұрын
6,715,455,128toz gold / 56m millionaires in world = 120oz. 21m Bitcoins / 56m millionaires in world = 0.375BTC. $240k vs. $10k. Golds value is already priced in.
@c.san.8751
@c.san.8751 Жыл бұрын
So, wait a second! You are using a Credit Suisse report! They can't handle the math required to run their company and keep it solvent yet you are trusting the math for this report! I would take that information with a pinch of salt. First of all, I would say the majority of Indians own gold. Also, many Russians and Chinese citizens now own gold. If you look at the citizens of the middle east and the former eastern block countries and their experiences with inflation and fiat, many of them own gold. So, I think the global percentage of people owning gold is far higher than that of the USA and Canada. Even Mexicans hold more gold I would say. Americans and Canadians I would say on the average are sheep and asleep and have no idea! I bet the numbers are about 5%.
@HavingCoffieWithMrSatan
@HavingCoffieWithMrSatan Жыл бұрын
Looks like the actor Mr. T is a billionaire after all in today’s times.
@erikdeeNOSPELLSNO
@erikdeeNOSPELLSNO Жыл бұрын
What a lot of Easter Eggs! If you get my drift
@PakistanZindaGOOD
@PakistanZindaGOOD 9 ай бұрын
@2is1Gold “I’m rich biatch!”
@drainbramagebrandon1047
@drainbramagebrandon1047 Жыл бұрын
Woohoo!!! I'm a Millionaire! Now back to work tomorrow 😥
@2is1gold
@2is1gold Жыл бұрын
😂
@paulnandico2370
@paulnandico2370 Жыл бұрын
😂
@Ivorybilledwoodpecker1
@Ivorybilledwoodpecker1 5 ай бұрын
😂
@goldeneye70
@goldeneye70 5 ай бұрын
Being a millionaire today means much of nothing, I have about half of that and I'm worried, even with a million at 50 years old, it's not going to be enough
@bhageerah3370
@bhageerah3370 Жыл бұрын
Prior to COVID I would have NEVER seen myself owning any. During COVID I got educated and as the education started the OT opportunities at work started flowing in as well. Ive managed to squirrel away 8oz and a buttload of silver. NEVER in a million years would I have seen myself sitting here. My only regret is not learning sooner!!
@2is1gold
@2is1gold Жыл бұрын
That’s great. Cheers!
@edb3877
@edb3877 Жыл бұрын
Lots of people have regrets and not starting sooner with something is usually at or near the top of their list. I could get into that but don't because I was not just wasting time before I got into PMs. I was too busy building a career, growing a family, and learning how to invest in the stock market. Although stocks are not PMs, it is still possible to make quite a bit of money in it if one puts their mind to it. I followed Thomas Edison's quote on this: "Opportunity is missed by most people because it is dressed in overalls and looks like work." Because of this, I was able to make good money and retire at age 55. I did not start stacking until I was in my early 60s but I don't consider that time as being "wasted". It was merely spent on a parallel path that contributed to the end result. 🙂
@KoDeMondo
@KoDeMondo Жыл бұрын
Actually happened the same to me!! Now I'm sitting on 65ozGold and 1700oz silver, so I'm sitting in around 1/24 gold to silver ratio...
@nwalker2619
@nwalker2619 Жыл бұрын
My story is very similar to yours
@7fall
@7fall Жыл бұрын
@@KoDeMondoolor me jealous as well as proud! Great work; we need people to stockpile it all to short their manipulation. I wish for the same, one day :) make sure to keep it bolted down, protected, and out of a bank/unsafety deposit box! :)
@brianbeckstead9212
@brianbeckstead9212 Жыл бұрын
Great video thanks for all the time and effort put in to making it
@graywilliams_77.
@graywilliams_77. Жыл бұрын
@victoriajonas44 investment requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself.. May I ask which investments are good? I've been looking at a few different ones but want others' opinions as well.
@graywilliams_77.
@graywilliams_77. Жыл бұрын
@victoriajonas44 Thanks for this piece of advice. if you don't mind how can I get in touch with her? really need help with my finances..
@graywilliams_77.
@graywilliams_77. Жыл бұрын
@victoriajonas44 Thanks for the efforts you put in these. I found her and i leave her a message i awat her reply..
@susannicky
@susannicky Жыл бұрын
@victoriajonas44 Wow, amazing to see others who trade with ROCHELLE DUNGCA-SCHREIBER , I'm currently on my 5th trade with her and my portfolio has grown tremendously...
@showpro1178
@showpro1178 Жыл бұрын
@victoriajonas44 Troll!
@glenanderson6910
@glenanderson6910 Жыл бұрын
My goal was 2Kg or 64 Oz Gold and 1000 Oz Silver which I achieved last year at an average price of $2400 AUD/Oz and $38 AUD/oz for coins and bars., let me tell you this was really, really hard to achieve, lots of sacrifices. This is my safety net that is outside "the system". Thanks to you, Yankee Stacking, Lynette Zang and Neil McCoy Ward, I've seen the benefit of holding some "money" outside this financial system as protection against what was a worse case scenario, that has become a very probable future.
@brightonshores
@brightonshores Жыл бұрын
I've attained my goals in G&S[a bit higher than yours], & with gold pulling back a bit, I'm going to continue "hoarding" & buying lmao nice to know I/we're in the top 1.2%!! cheers & congrats!
@moderncranerigginginc9181
@moderncranerigginginc9181 Жыл бұрын
ive said it before. this is my fav stacking channel. calm, sound and logical advice/information. not fear porn. no sky is falling. etc etc. and tbh, this is more motivational for me than "BRICS are coming to eat your children" type thing.
@2is1gold
@2is1gold Жыл бұрын
Ha! Thank you!
@orphancharmander1168
@orphancharmander1168 Жыл бұрын
Is BRICS a aline race, from Pluto 🧐 What is the brics, havent heard of it, an i am from Denmark 👍🏻🇩🇰❤️
@mdavid2100
@mdavid2100 Жыл бұрын
2 is 1 is the best.
@jayfedaiy270
@jayfedaiy270 Жыл бұрын
Google it !
@Nerdcrusher
@Nerdcrusher Жыл бұрын
It's the US that wants to cut off children's gentials. BRICS are the good guys.
@lordhydromage6614
@lordhydromage6614 Жыл бұрын
78k subs is a reflection of the quality of your opinion. Good job 2.1
@2is1gold
@2is1gold Жыл бұрын
Thank you!
@interstate80.
@interstate80. Жыл бұрын
I appreciate when gold and silver videos are not tied into political agendas and just look at numbers and past trends and explain things logically. Thank you
@8sardines
@8sardines Жыл бұрын
Love your channel!!! Always just facts no hype. Here is an interesting senario, in the 1920s Henry Ford paid his workers $5 a day. That was a lot of money back then. That would be $25 a week. Since we were still on the gold standard you could get 1.25 oz of gold from the bank. That would be roughly $2500 pr week or $130000 per year in todays money. I would love to hear your comment on that.
@Johnnys_World859
@Johnnys_World859 Жыл бұрын
I wish my ancestors had this same thought process or the ability to do that
@2is1gold
@2is1gold Жыл бұрын
I have some similar notes for a future video. It varies a bit over time, but it's interesting info. Cheers!
@soylentgreenb
@soylentgreenb Жыл бұрын
They could have done that. But the reason they could do that is that there was much more paper money than there was gold, but still existed a promise to convert paper to gold. This is a promise that would collapse immediately if people lost faith in the dollar and demanded the banks make good on conversion to gold.
@dollyone3714
@dollyone3714 Жыл бұрын
remember.. the PTB snatched the gold from the people after that
@alanmaribor
@alanmaribor Жыл бұрын
1920 house in New York or Berlin was 100 Morgan dolar.
@weeklybullion
@weeklybullion Жыл бұрын
Very smart analysis. My goal is to just have enough gold to get me through my lifetime while mitigating against financial worry.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@carolynsmith3312
@carolynsmith3312 Жыл бұрын
Same here 😇
@edb3877
@edb3877 Жыл бұрын
@@carolynsmith3312 Yes, same here as well. We likely will be facing some big challenges at some point in the not too distant future, so I try not to take on more than one person can handle. Keeping it as simple as I can so that I don't over-think things. 🙂
@thousandaireradio3199
@thousandaireradio3199 Жыл бұрын
I like to think of the world in these terms but I calculate it in coffee.
@2is1gold
@2is1gold Жыл бұрын
Reasonable. 🤜🤛
@maxcactus7
@maxcactus7 Жыл бұрын
You mean to tell me it's not measured in beer? 😂
@mr_digdeeper
@mr_digdeeper Жыл бұрын
Cafe…. Smart human you are 😊
@mr_digdeeper
@mr_digdeeper Жыл бұрын
@@OldRoute66 making me a cup right now ☕️
@dandelioncorsage
@dandelioncorsage Жыл бұрын
Now I know why having gold makes me feel like a million!
@lancobear3544
@lancobear3544 4 ай бұрын
100 oz of gold is a very exclusive club worthy of aspiring to.
@janicejohnson1334
@janicejohnson1334 5 ай бұрын
Not long ago I was at 25oz Au . . today I'm @ 30oz Au . . I have OCD focuse on my Au purchases . . If I need it - then I can provide for my family - If I pass on . . well . . I still provided for my family . . It is NOT about be getting rich, it about me having my own form of settlement outside of CBDC & Bitcon
@DavidJames-ms6rt
@DavidJames-ms6rt Жыл бұрын
Well I'm nicely through the door at the Millionaires Gold Club 2is1, but don't quite feel that I'm on the list for the best table at the window, a limo to pick me up to go to the Yacht Club or an invite to Monaco for weekend.....Where did it all go wrong???? 🥺
@2is1gold
@2is1gold Жыл бұрын
There’s still time for Monaco! 😄
@rickengman
@rickengman Жыл бұрын
Great Vid. but the problem is using the figures representing the total amount of Gold in exsistence and the total world population. A more realistic example for us Stackers would be Bullion in cirrulation (excluding Central Bank holdings) and Physcial Stackers. There is approx. 332 million ounces of Gold Bullion in Criculation and about 61 million Physcial Stackers. This changes the dynamic and the numbers a bit. To make it into the Top 20% you yould need approx.- 16 ozs, Top 10% - 37 Ozs,Top 5% - 53 ozs. and the Top 1% at 164 ozs.
@2is1gold
@2is1gold Жыл бұрын
Central bank reserves were excluded. I like the simple bands, but what I was trying to show was the parabolic wealth distribution. Cheers!
@c.san.8751
@c.san.8751 Жыл бұрын
Credit Suisse numbers are not realistic in my opinion. The Indian population skews. Their dowry is gold. I know millionaires who have zero gold and believe it is useless 'rock' as they say. I am thinking many are in that camp.
@JohnSmith-if4et
@JohnSmith-if4et Жыл бұрын
I bestowed upon my 2 nephews a 50peso Gold coin after their 18th birthday…..I’m no “Joe Kennedy” but, I did the best that I could. 10years later….Both still own their coins. I told them that one day the coin should be able to give them a nice down payment on a house and still believe this to be true. Someday markets will be true & honest…..
@2is1gold
@2is1gold Жыл бұрын
Very cool!
@010Astroboy
@010Astroboy Жыл бұрын
Markets will not be free in a Totalitarian/Communist system. They are not free today.
@butchj6326
@butchj6326 Жыл бұрын
Thanks for the info, it’s always fun to see where we fit in.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@kian925
@kian925 Жыл бұрын
I haven’t really decided yet what my end game and goals are for gold. I don’t own a house a car or anything. I also don’t have any debt. For now I think buying gold serves to stop me from buying stupid material stuff I don’t really need and wasting money that I can’t later recoup. I think the coin’s beautiful and it’s fun. For now it’s enough to keep me in the game.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@mikenelson7894
@mikenelson7894 Жыл бұрын
5 years ago I sold half my stack of gold to put a down payment on a home. Your definitely a winner in the long run for stacking gold. Staying out of debt and buying gold will pay you greatly for ver time
@MrRickkramer
@MrRickkramer Жыл бұрын
Another 10 or 15 years and I’ll probably have 41 ounces of gold. That is if things stay relatively stable, which is guess won’t be the case. Started slowly in 2015 and have been picking up the pace since 2019. I also buy some silver every once in a while but it takes up too much space and it’s too heavy. I think I might be able to add an average of 2 ounces of gold per year and 40 ounces of silver, maybe a little more when I’m lucky and don’t spend my money on nonsense. I also put some money in gold and silver miners. Time and patience seem to be to most important factors for a good outcome so start as soon as possible is my advice to those who’ve yet to buy their first precious metals. Just start and fondle it for a bit, compare that to the feeling you get from paper money. If it’s for you, you’ll know…
@2is1gold
@2is1gold Жыл бұрын
Yessir!
@c.san.8751
@c.san.8751 Жыл бұрын
10 or 14 years? I am sorry to say but it will never happen brother. The historical record shows that our society will collapse. There is a ton of research in this area. Currently we have all the ear marks of a collapsing society: devalued/debased currency, catastrophic debt, destruction of the moral and value base of society, the emasculation and attack of the male, the direct attack of the societies cheap and available energy supply, and these are just a few. No society has continued in perpetuity and our is no different. What we need to do is figure out how to survive the transition as America loses world reserve currency status as Portugal, Spain, the Netherlands, France and Great Britain have before it. History often rhymes. Prices will rise, inflation will be permanent and lifestyles will drop. Unless a miracle happens and we revert back to coal and oil and start manufacturing all products again, it will be a race to the bottom.
@aaronhopkins6697
@aaronhopkins6697 Жыл бұрын
Well said.
@tomtharos4440
@tomtharos4440 Жыл бұрын
I was 1/3 of the way to the average millionaire club before I lost half in a tragic boating accident and had to use the other half to buy a new boat. 😉
@2is1gold
@2is1gold Жыл бұрын
Tragic!
@airgetmar1928
@airgetmar1928 Жыл бұрын
is this like an “ATF gun boating” accident joke/gag??? or are you being serious? because if youre not being serious youre hilarious
@foreman_spike
@foreman_spike Жыл бұрын
@@2is1gold I’m reading that in a charismatic infomercial/radio voice with an echo
@Lol-eh1uv
@Lol-eh1uv Жыл бұрын
Where was the accident?
@davegiddings2545
@davegiddings2545 Жыл бұрын
Stay off of boats people! Those things are too dangerous. 😉
@tedhext1756
@tedhext1756 Жыл бұрын
Thanks for your interesting explanation. You use similar numbers to other channels, but each time it makes a bit more sense. For those of us newbies who have much more knowledge than physical assets, more of a breakdown of the very lowest end of ownership by weight, maybe for gold and silver? I found it fascinating just how fast one moves up the food chain in the early stages, as far as worldwide ownership especially. It can give a potential stacker more encouragement to see the effects that happen early (1oz, 2oz, 5 oz, 10 oz, ...). Thanks, and selfish me likes to watch this topic explained 50 different ways.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@sooperdweeb1753
@sooperdweeb1753 Жыл бұрын
I bought multiple Pre 1933 St Gaudens and 1898 $10 gold coins back in 2009. Best thing I ever did . Just went over 1000oz of silver and came out of retirement to get a side hustle job so that I could buy more. If Gold/ Silver goes down as some are predicting, Imm'a back up the truck and start chucking it in.... I kid you not. The Dollar IS going to lose its world currency status and the reason I know this is because Jim Cramer said it wouldn't. That guy is 98% wrong on everything he says. If the US dollar loses its world currency status, these American sheeple are going to be paying $50 or more for a loaf of bread and valuable money, such as Gold / Silver , are going to go through the roof. And I may take my Passport/ Visa and live somewhere else. I'm not hanging around to get caught up in the flames of anarchy that will pervade what's left of this country and freedom,(as if it still exists).........
@MedeirosCash
@MedeirosCash Жыл бұрын
Whoever's reading this, I pray that whatever your going through gets better and whatever your struggling with or worrying bout is going to be fine and that everyone has a fantastic day! Amen
@InappropriateShorts
@InappropriateShorts Жыл бұрын
There’s always that one thing that solves all your problems
@DBEdwards
@DBEdwards Жыл бұрын
​@@InappropriateShorts the final solution
@markwhalley6222
@markwhalley6222 Жыл бұрын
Amen 🙏
@stevelauda5435
@stevelauda5435 Жыл бұрын
Blessings to you 🎉
@unaffiliated_x9279
@unaffiliated_x9279 Жыл бұрын
Thanks, Chris. I pray this for you as well.
@deehendon4204
@deehendon4204 Жыл бұрын
Then there is silver. Interesting exercise and telling about future potential for metal (s).
@BorisLikesBonds
@BorisLikesBonds Жыл бұрын
I'm saving up for my first ounce. That makes me on the outside looking in, but I'm enjoying the view.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@stephenlarkin3377
@stephenlarkin3377 5 ай бұрын
The view gets better easy day
@stephenlarkin3377
@stephenlarkin3377 5 ай бұрын
🤦🏻‍♂️ View gets better each day👍
@AngelEyes-xm7el
@AngelEyes-xm7el Ай бұрын
You will get it. I got one holding it when he handed to me priceless. Then it needed a sister. Got it cousins are silver. It was hard but stop eating out. Live off less as possible. My treat was vanilla wafers. You got this. 🏆
@litigioussociety4249
@litigioussociety4249 Жыл бұрын
I only have 1 ounce of gold so far, because I mostly buy silver, but I'm grateful I have any.
@swedishwilderness
@swedishwilderness 5 ай бұрын
That was a good perspective 👍
@larsjobe3953
@larsjobe3953 Жыл бұрын
"How much gold do you have?' Me: "What gold?"
@darryls
@darryls Жыл бұрын
8:24 - Not throwing any challenges out there ? But sir, CHALLENGE ACCEPTED ! - Excellent video, I had to watch it twice, thanks for the math, I completely agree.
@2is1gold
@2is1gold Жыл бұрын
Get it! 😄
@davidnewton190
@davidnewton190 Жыл бұрын
Great video again thanks. I buy gold for two reasons - it's a hedge, and it's liquidity...plus it's a very attractive metal.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@zaqwsxcde54321
@zaqwsxcde54321 Жыл бұрын
Thanks for always bringing the best content and information,!
@2is1gold
@2is1gold Жыл бұрын
Thank you - I appreciate that!
@jamessuter551
@jamessuter551 6 ай бұрын
I like your channel so much I told a few of my buddies about you. Todd is a 2nd generation coin shop owner and my other friend is a 2nd generation stacker and his father was a collector/dealer. They're hooked now too
@honorcode6837
@honorcode6837 Жыл бұрын
Most financial analyst recommend holding 5% of the wealth in gold. I think the average northeastern police officer has a $120,000/yr pension (yep, all that money and they still get 1st responder discounts at many stores), That suggest that they should be buying 2 ounces of gold a year. 20 years of retirement, they should have 40+ ounces of gold as they collect their pension. A retired police officer is becoming the wealthiest class in amaerica, With that kind of money, no wonder why NJ and NY police are so currupt.
@shelleykennedy6076
@shelleykennedy6076 Жыл бұрын
Thank you for your perspective. I'm not buying gold anymore. I have it as a hedge. Sort of a start over fund.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@robertm2663
@robertm2663 Жыл бұрын
This is my strategy, as well.
@silverandgoldportugal
@silverandgoldportugal Жыл бұрын
50 oz seems fine for me. Good life goal.
@upittman1
@upittman1 Жыл бұрын
Would it be too much of a stretch to multiply by the silver number in the g/s ratio to get a similar understanding of the hypothetical silver millionaire number?
@2is1gold
@2is1gold Жыл бұрын
There wouldn’t be enough physical silver supply to support that so there would be a few more variables.
@michaelmccoy2847
@michaelmccoy2847 Жыл бұрын
Excellent content 2is1! This is interesting and motivating at the same time. Try be be wise with your decisions and just steadily stack. Just get started! Regular stacking will get you to a more secure place. Best wishes to all!
@2is1gold
@2is1gold Жыл бұрын
Absolutely! 🤜🤛
@donuteric
@donuteric Жыл бұрын
Good analysis. 41oz is within the conventional wisdom of 5-10% of one's NW in precious metals.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@TheRazzaManazza
@TheRazzaManazza Жыл бұрын
Still watching and appreciating your efforts! I think your voice and mannerisms sound like stormcloudsgathering before his voice changed. IYKYK
@2is1gold
@2is1gold Жыл бұрын
I’ll have to look. 😄
@nw6769
@nw6769 Жыл бұрын
First thing-If I owned any gold or silver the last person I would ever admit that too, is some random telephone surveyor asking if I owned any gold or silver. For security reasons you know.
@SalivateMetal
@SalivateMetal Жыл бұрын
Great video. Another youtuber BelangP did a great study on this a few years back. It certainly is empowering to hold gold. A great illustration and equation to do so.
@2is1gold
@2is1gold Жыл бұрын
Yeah, I ran into it when I was double checking the global wealth figures. He’s super sharp - four years ahead of me on the idea. 😄 I think he had a one to one conversion, though. I was trying to get at the curve. Bald Guy Money did something using M1 money supply too. Cheers!
@samy7013
@samy7013 Жыл бұрын
@@2is1gold : Paul Belanger (belangp) is awesome. I miss the days when he used to post videos more often. But I’m sure glad that you’re carrying the torch. Keep up your great work!
@jarodcrazyindian
@jarodcrazyindian Жыл бұрын
I love GnS, Platinum, Palladium and even Copper ❤
@chuckles3079
@chuckles3079 Жыл бұрын
If I owned gold, I would never tell a surveyor that anyways. So knowing there are people like me, I rarely pay attention to surveys.
@dandelioncorsage
@dandelioncorsage Жыл бұрын
Now I know why having gold makes me feel like a million!
@2is1gold
@2is1gold Жыл бұрын
🎩
@plumtree1846
@plumtree1846 Жыл бұрын
At 3:40, a general online search indicates the governments of the world have total gold reserves of 32,000 metric tons (~15% of all gold ever discovered through history). I thought it would be higher. At least that leave 85% for the rest of us.
@2is1gold
@2is1gold Жыл бұрын
Yeah. 15 - 19% depending on reported amounts.
@homerflesher7426
@homerflesher7426 Жыл бұрын
CHINA AN RUSSIA HAVE MORE GOLD THAN THAT 🙄🤫
@edb3877
@edb3877 Жыл бұрын
@@homerflesher7426 Yes, I believe that they do. The Chinese in particular are avid students of history and it has not escaped their notice that at the end of WW-II, the world's one and only super-power held 28,000 tons of gold in US vaults. Some of that was held for other nations who wanted it protected from the war but not all of it belonged to foreign countries. A lot of it was owned by the US Treasury. If China wants a shot at the title, and it is pretty clear that they do, they will want to have at least this much gold in hand before they make their play for it. Their claims of having less than 2,000 tons of gold in hand is a ruse and one that they will spring on the world at a time when it is most advantageous to them. Consider that China does not export gold. They do mine gold, however, and have mined an average of 350 tons per year for the past 20 years. That alone amounts to 7,000 tons. If China were to buy gold on the open market, which they do in small amounts, this is a publicly recorded number. BUT, if they buy through agents, it is the agents names who are recorded as the buyers and not them. Having dozens of these agents only makes good sense if they want to hide the amount of gold that they are buying. Since their exports bring in huge amounts of US$ and gold is priced in US$, why not convert a lot of that into gold? Same for US Treasury paper and they have sold off a lot of their UST paper holdings. IMO, none of this is skulduggerous in and of itself. It is merely pushing their own agenda to stack real wealth rather than mere paper wealth, and isn't that what we stackers are doing too? How they intend to use this wealth is another matter entirely. That could and likely will be to our disadvantage.
@Reeldeal818
@Reeldeal818 5 ай бұрын
Dam me buying gold since 2009 buying @ $1000 HAS ME IN THE MILLIONAIRE CLUB WITH 52 OZ I AM BLESSED
@rodgerjohnson3375
@rodgerjohnson3375 Жыл бұрын
I have always considered myself to be about as middle class as a citizen of the US can become. To quote Claude Raines "I'm shocked! Shocked to find" where I am located on your pyramid.
@2is1gold
@2is1gold Жыл бұрын
🚀
@jamescampbell7653
@jamescampbell7653 Жыл бұрын
im almost at the one ounces of gold aiming for two by end off 2023
@jamescampbell7653
@jamescampbell7653 Жыл бұрын
list are 1/10 american gold eagle and pre33 gold eagle coin
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@PhiTonics
@PhiTonics Жыл бұрын
Cool perspective, dose make me feel I'm doing a bit better than I thought I was in these terms 😅 Fun experiment bud! Love your channel, and style of delivery 🙌🍻
@2is1gold
@2is1gold Жыл бұрын
Congrats (and thanks)!
@mikenelson7894
@mikenelson7894 Жыл бұрын
22 oz and still adding. Not in a hurry just adding when cash is plentiful
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@jdzazz4155
@jdzazz4155 Жыл бұрын
I really enjoyed the mathematics involved here. Thanks for posting!
@2is1gold
@2is1gold Жыл бұрын
Thanks!
@edb3877
@edb3877 Жыл бұрын
@@2is1gold Yes, same here, although parts of that math made me go "hmmm?". lol Owning PMs has always been about math for me and not about the hype that permeates many of the YT channels and web sites out there. If anything, all that distracts and detracts from the main mission of owning PMs, IMO.
@bigshane4ever930
@bigshane4ever930 Жыл бұрын
You just made me even more proud about my small stack 🎉!
@wml1736
@wml1736 Жыл бұрын
Nice job- interesting analysis👍
@2is1gold
@2is1gold Жыл бұрын
Thanks!
@StackingSurfer
@StackingSurfer Жыл бұрын
Great points. I think to many stackers are putting everything they have into gold and silver and neglecting paying off debt and food security.
@DBEdwards
@DBEdwards Жыл бұрын
No. Paying debts suck you dry. The American citizen is thirsting
@StackingSurfer
@StackingSurfer Жыл бұрын
@@DBEdwards It’s more complex. Paying off high interest debt. If you are paying 10% or higher interest rate. Sell that thing or pay it off before going crazy stacking silver and gold.
@merlindodson7562
@merlindodson7562 Ай бұрын
With gold at all time highs, this was a high risk move but I actually used an available line of credit card credit offered at zero percent financing for 18 months to purchase 50k in gold. I will have to make minimum payments on that debt every month until I repay the principle but will not have to repay the full amount for 18 months. Almost inconceivable to me that gold could be less valuable in 18 months than it is today. This strategy is not for everyone but I have a pretty high risk tolerance and frankly, I'm surprised that more people in my position of having excellent credit but low levels of liquidity (maybe because they already spent their cash buying gold) have not done the same thing to help enable faster accumulation of the physical metal before price skyrockets and availability plummets.
@good2goskee
@good2goskee Жыл бұрын
Buddy, you are making me feel smart and wealthy
@2is1gold
@2is1gold Жыл бұрын
You got it!!
@bdw4827
@bdw4827 Жыл бұрын
That was a fun & interesting little ramble....Thanks!
@jsnow6925
@jsnow6925 Жыл бұрын
35oz gold, 2500oz silver, 10oz platinum, 25ish BTC, 75 Eth
@calvin1132
@calvin1132 Жыл бұрын
You have that no way
@jsnow6925
@jsnow6925 Жыл бұрын
@@calvin1132 Yes way, probably should delete this
@samy7013
@samy7013 Жыл бұрын
@@jsnow6925 : Holy smokes! Nice work, buddy! My real question is: what do you do for a living?
@wda-59-14
@wda-59-14 Жыл бұрын
Nobody said there'd be math!
@2is1gold
@2is1gold Жыл бұрын
Ha!
@InappropriateShorts
@InappropriateShorts Жыл бұрын
Anyone notice that half ounces have been cheaper than ounces lately? Have you been taking advantage?
@brucetopey8071
@brucetopey8071 4 ай бұрын
Love to see this done on silver next time, thanks.
@grants169
@grants169 Жыл бұрын
How there's enough gold in the world today where your average Joe can pick up a fraction here and there (on demand!) is quite frankly a miracle.
@FamousJX
@FamousJX Жыл бұрын
I have to say, gold ownership seems very common. Pretty much everyone I speak to owns gold in one way or another. If the question was “how many gold coins do you own?” I’d understand. However as far as “do you own gold/silver, I’m surprised it’s not allot of people. In my family it’s tradition to even bestow babies with a gold bracelet. I understand that not everyone shares this culture. Just thought I’d share the anecdote.
@2is1gold
@2is1gold Жыл бұрын
That ‘study’ referred to Bullion, so it was a little more specific. Cheers!
@FamousJX
@FamousJX Жыл бұрын
@@2is1gold that clears it up! Cheers to you! Keep up the excellent content.
@janicejohnson1334
@janicejohnson1334 Жыл бұрын
3rd layer down was $10K - $100K , , , ,Then you had < $100K - VERY confusing . . please explain if this is < $K or what
@2is1gold
@2is1gold Жыл бұрын
The visual is wrong, the verbal explanation is correct. Should be < $10k
@wsdmrtst
@wsdmrtst Жыл бұрын
Lol! Those numbers definitely made my brain hurt, but the final synopsis put me in a good mood! 😃
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@AlexRamirez-gs1de
@AlexRamirez-gs1de Жыл бұрын
That outro i appreciate your time is so smooth.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@AK-lf6cq
@AK-lf6cq Жыл бұрын
Great video like always. Positive calculation on Sunday. That was easy
@2is1gold
@2is1gold Жыл бұрын
Thanks!!
@thousandaireradio3199
@thousandaireradio3199 Жыл бұрын
Those dragons are FN pretty! Ooohhh. I wouldn’t mind seeing them with the plastic off
@2is1gold
@2is1gold Жыл бұрын
They come out to breathe now and then, but I need to focus! 😄
@thousandaireradio3199
@thousandaireradio3199 Жыл бұрын
@@2is1gold 😁
@paulgordon9648
@paulgordon9648 Жыл бұрын
You sure have some fine books, knives, and that beautiful gold. Great video again.
@2is1gold
@2is1gold Жыл бұрын
Thank you!
@ferebeefamily
@ferebeefamily Жыл бұрын
Classy video as always. Thank you. Have a good Sunday.
@2is1gold
@2is1gold Жыл бұрын
Appreciate that. Have a good one!
@TheKris333
@TheKris333 Жыл бұрын
Bald Guy Money has done a similar set of calculations.
@2is1gold
@2is1gold Жыл бұрын
Yeah, I think he used M1 money supply rather than wealth distribution, though.
@stormforge68
@stormforge68 Жыл бұрын
Belangp also had a similar video
@roma5770
@roma5770 Жыл бұрын
This was just soooooooo much fun. Thanks!
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@Kngdmio
@Kngdmio Жыл бұрын
I own 1 gram of gold, but an undisclosed amount of silver. One more silver checkpoint to hit, and then going all in on gold.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@c.san.8751
@c.san.8751 Жыл бұрын
I hope you will have the time.
@natemr4482
@natemr4482 Жыл бұрын
Great video brother thanks for the info 🥃🥃🥃
@2is1gold
@2is1gold Жыл бұрын
Thanks Nate! 🥃
@Doofus171
@Doofus171 Жыл бұрын
But in 2019 when they actually studied millionaires (those with NET of $1 million and above) and their assets they discovered that the average amount of gold bullion they held was 240 ozs.
@2is1gold
@2is1gold Жыл бұрын
What study was that? I’m curious about the sample size again.
@Grams_
@Grams_ Жыл бұрын
I would find this study interesting As well
@eighteenin78
@eighteenin78 Жыл бұрын
That would be twice my ultimate goal. Now I've got to move the goal posts again. They are moving away from me faster than I can catch up to them.
@gregwilusz5696
@gregwilusz5696 6 ай бұрын
What if you have a mix of gold and silver???
@rominaaleksieva9176
@rominaaleksieva9176 Жыл бұрын
If your calculation is correct, you are technically a Central Bank
@2is1gold
@2is1gold Жыл бұрын
Ha 😅
@c.san.8751
@c.san.8751 Жыл бұрын
Central bank won't get their gold confiscated or classified an illegal asset.
@moriorinvictus
@moriorinvictus Жыл бұрын
Depressing and motivational at the same time 😁
@mdavid2100
@mdavid2100 Жыл бұрын
🤣😂🤣
@2is1gold
@2is1gold Жыл бұрын
😄
@pearleelife
@pearleelife Жыл бұрын
My brain REALLY hurts. Thanks 2! 🍺
@2is1gold
@2is1gold Жыл бұрын
ALL the math! 😄
@LegacyStacker
@LegacyStacker Жыл бұрын
Hi 2 is 1! I believe if you have a monster box of American Gold Eagles, you're a millionaire! I can only hope I ever get to that level! 😎
@jerrychaput2529
@jerrychaput2529 Жыл бұрын
Love the old westerns have so much you can't move it would be best , couldn't be stolen to heavy
@MrDavidknigge
@MrDavidknigge Жыл бұрын
Before I started visiting my LCS and getting bullion and coins, it asked if I owned silver or gold I would have said yes. Almost everyone has some jewelry with precious metals, so what? Ain't the same.
@pouglwaw5932
@pouglwaw5932 Жыл бұрын
During all the currency collapses in Latin and South America, the new, well-protected marketplaces bartered with market tokens. Tokens were purchaced on-site with silver and gold jewelry or coins. Rings and neckchains have saved a lot of lives.
@MrDavidknigge
@MrDavidknigge Жыл бұрын
@@pouglwaw5932 I'd like to learn more about historic currency collapses.
@TheQuickSilver101
@TheQuickSilver101 Жыл бұрын
Well, I guess it's time to break out the bikini gals with sparklers because I'm a millionaire in something. This was an interesting take on gold ownership. Thank you!
@2is1gold
@2is1gold Жыл бұрын
Bottle service in the back!! 😄
@Mike-ve8gt
@Mike-ve8gt Жыл бұрын
Well it's like that Johnny Cash song, "One piece at a time". But it will cost more that a dime!
@2is1gold
@2is1gold Жыл бұрын
🤘
@briancallahan5673
@briancallahan5673 Жыл бұрын
This video hurt my brain
@2is1gold
@2is1gold Жыл бұрын
Mine too!
@shan4078
@shan4078 Жыл бұрын
😂😅😂
@almay9962
@almay9962 Жыл бұрын
please do a video for silver
@James-xu3vc
@James-xu3vc 5 ай бұрын
Need to do one of these for silver now 😂😂
@InappropriateShorts
@InappropriateShorts Жыл бұрын
2:00 wealth distribution pyramid (scheme)
@SupremeGGstacker
@SupremeGGstacker Жыл бұрын
I think that double dragon gold coin needs more screen time my dude I'd love to see some close ups!!!😮😮🤩😍
@2is1gold
@2is1gold Жыл бұрын
It’s a good one!
@rubenmorales5830
@rubenmorales5830 Жыл бұрын
I have 9 ounces of Gold and 550 ounces of silver
@lancobear3544
@lancobear3544 4 ай бұрын
The IRS thanks you for reporting the content of your stack. 😂
@rubenmorales5830
@rubenmorales5830 4 ай бұрын
@@lancobear3544come and take it! I believe that we will have to fight to survive.
@rubenmorales5830
@rubenmorales5830 4 ай бұрын
@@lancobear3544your just jealous
@jonodunn2592
@jonodunn2592 4 ай бұрын
Address please?
@rubenmorales5830
@rubenmorales5830 4 ай бұрын
How bout a knuckle sandwhich
@Calendyr
@Calendyr 4 ай бұрын
I am still working on my 100 pieces of gold challenge. Almost there but it's not easy ;) I think 41 oz is a good goal to aim for. Might do that next.
@joshpointoh
@joshpointoh 7 ай бұрын
This violates the 80/20 rule, which is when people start feeling things are unfair enough to consider action. The 1% is pushing their luck
@nuclearchris832
@nuclearchris832 5 ай бұрын
Yep it sure validates it. 20 percent of the people do 80 percent of the work. Now get to work
@FinalAffliction
@FinalAffliction Жыл бұрын
Maybes they answered yes because they have a silver chain or gold earings or something
@2is1gold
@2is1gold Жыл бұрын
The study referred to “investment class” metals, so far more specific.
@ILLUMINATOR49
@ILLUMINATOR49 Жыл бұрын
Silver is the best along with a 14k wedding ring
@Johnnys_World859
@Johnnys_World859 Жыл бұрын
Question for you . What is your favorite mint to order from. Which one has best deals Looking at Royal Mint and Canadian Mint
@2is1gold
@2is1gold Жыл бұрын
I rarely order direct from the Mints.
@nancymontplaisir3467
@nancymontplaisir3467 Жыл бұрын
excellent , what a wake er upper got my old brain working before I finished my coffee I see 77.9 shouldn't be long for the 100k in sub's Have yourself a great week & Thanks' for you're time putting these together
@2is1gold
@2is1gold Жыл бұрын
Thank you!
@jacobmanalang8162
@jacobmanalang8162 Жыл бұрын
signal is hold. hike. hold. hold. i get it now. markets green crypto red when i get paid put some away for a rainy day. budget this is what i need so thats what i spend do what i wanna do. thanks for helping me get in order.
@2is1gold
@2is1gold Жыл бұрын
🤜🤛
@jacobmanalang8162
@jacobmanalang8162 Жыл бұрын
people come to me and i ask what they need and what do they want to do. things can change. people change. now im doin what i gotta do. shake aaaaaand move.
@nobody342
@nobody342 Жыл бұрын
I would love to see you do this analysis on debt, like the US debt or even world debt. How much do we all owe, and if we could shift this to the 1 percent how much would thy owe?
@amfearliathmor9747
@amfearliathmor9747 Жыл бұрын
Should I sell around around a dozen £5 Proof Crown Coins to then add an additional 10 Oz of bullion coins back into the stack? I could then jump from around 60 Oz of Au to 70 Oz with no addition cash required.
@merlindodson7562
@merlindodson7562 Ай бұрын
Smart
@YG-fm2wv
@YG-fm2wv Жыл бұрын
Thanks for the vid. I am going to dream of becoming a millionaire 🤠
@mv504
@mv504 Жыл бұрын
Please Sir, may I have some more?
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