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Wait For This Before Selling Your Gold & Silver!

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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...
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In this video cover:
- What major event is coming that will almost certainly cause the price of Gold & Silver to go up.
- I show you exactly how much I expect Gold & Silver price to go up based on historical data.
- I answer a viewer question related to using Gold & Silver in a financial collapse.
Be sure to watch to the very end because it is full of useful information.
None of this advice - I am not a financial advisor - this is educational material!
Links to Sources:
Gold Price Data from TradingView:
www.tradingvie...
Silver Price Data from TradingView:
www.tradingvie...
US Interest Rate Data:
fred.stlouisfe...
Gold Price in Turkish Lira:
goldbroker.com...
#silver #silverprice #goldprice

Пікірлер: 561
@baldguymoney5568
@baldguymoney5568 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 Ай бұрын
Rates are expected to remain high, true. Nenner, Armstrong, Simon Hunt, all project several years of higher and higher rates.
@RobertLee-wi5kc
@RobertLee-wi5kc Ай бұрын
@@sftita So they all think higher rates and Bald Guy Money thinks rates are going down. Ok got it.
@sftita
@sftita Ай бұрын
@@RobertLee-wi5kc THe general TREND is up overall and for years per the analysts I mentioned. There will likely be intermittent downward reductions, 1/8, 3/8 here, there. Then there are "unforseen" circumstances like a major disaster.
@RobertLee-wi5kc
@RobertLee-wi5kc Ай бұрын
@@sftita Yes sir I love charts too. If you wish to look at a daily chart you will note that the "general trend" whatever that is has a high in may and since has had lower highs and lower lows. I think that means trend is down on that time frame. On a 5 year chart yes the trend is up. Sadly if silver/gold continue down my question to you is A) When would you say the trend is down? I am guessing if it breaks 20.00 B) What the hell do you do then? If you are a "Perma Bull" then you say things like It will go back up, I can't sell it now, oh I can now buy more at a lower price. I heard the same thing in Stock Market 2008. I sold, I got short, I am making money and if it takes out 31.25 then I will buy back and break even. There are always "unforseen" circumstances like major disasters which is a salesmans aid to sell silver. When banks failed it did not drive the price of silver higher!!! Call me evil as I am short but I am also a short term trader. I am here to HODL. (Hold on for dear life)
@Saoti-zm2ri
@Saoti-zm2ri Ай бұрын
Thank you very much. I have learn a lots from your analysis
@jaynawilliams8923
@jaynawilliams8923 Ай бұрын
I have the best reason of many good and not so good ones; Gold is the New Real Estate. Before my husband died, we were saving to buy a house. We had the 20% down payment, the 12% of the cost of the house for maintenance and repairs, and the cash reserve for furnishings. Now, that dream is up in smoke, not only because my husband died recently, but the price of houses is stupidly high. If the market crashes to 50%, the prices will still be at nosebleed levels. So, I am putting ALL that extra cash into gold and silver. Klaus Schawb and the WEF won round 1, "You will own nothing and you will be happy". Round 2 are cars. After that, I don't know. So GOLD is the NEW REAL ESTATE.
@robbooth8059
@robbooth8059 Ай бұрын
Same is true in China!
@royalrich2337
@royalrich2337 Ай бұрын
So sorry for your loss, Jayna. Just a suggestion, but I get a lot of good information from two YT channels called the economic ninja & the real estate ninja. It’s the same person and I learn a lot from him. I pray the best for you.
@richardgadoury8452
@richardgadoury8452 Ай бұрын
Jayna, Very sorry for your loss. My wife passed in April. Buy gold bars, not coins or certificates. Coins have a numismatic value, which most people do not understand, myself included. A 1oz 999.9 gold bar will always be a 1oz bar. Just a note, for every 1000 gold bars, there are 17,000 gold certificates. My opinion, certificates are for portfolio investment, gold bars have actual value. Also, gold is now a Tier 1 classification, its money, not currency. Good luck...
@davids3076
@davids3076 Ай бұрын
Well I think they have everything including the the notes. If you cant maintain your own vehicle they gotcha They want to seal the hood and have a throw away car after a period of time / mileage The illusion of freedom. You still have freedom of choice and that is it. And that is what they are coming after now.
@joshl5658
@joshl5658 Ай бұрын
​@richardgadoury8452 Bars and coins have a small difference in price... I got a Gold maple leaf coin $10 cheaper than a bar once. Coins are more recognized and easier to check if they are real without a expensive machine. Buy gold coins that are bullion NOT collectibles.
@inflationmillionaire-df3mn
@inflationmillionaire-df3mn Ай бұрын
i think we are at the point where you need to buy water barrels, water purification, put bars on your windows, and stock up on ammo and food.
@edb3877
@edb3877 Ай бұрын
The good news about stacking and prepping for hard times is that we aren't waiting for the last minute to get done the things that can take months or even years to get done. Those who do will be heading into disappointment due to the speed with which time will run out on them. This is a lot like Hemingway's comment on going bankrupt... very slowly and then very fast. By buying what we are likely to need ahead of time, we have the time to think and plan and not be hysterical about it... unlike those who wait until the need is upon them.
@Armadilla_1
@Armadilla_1 Ай бұрын
​@@edb3877masterfully said
@Armadilla_1
@Armadilla_1 Ай бұрын
OP... comment of the year right there... 💯
@InappropriateShorts
@InappropriateShorts Ай бұрын
you need to touch grass
@Armadilla_1
@Armadilla_1 Ай бұрын
@@InappropriateShorts what?
@richardchiriboga4424
@richardchiriboga4424 Ай бұрын
I show my kids two silver dimes and tell them that when I got my driver's license, there two dimes would buy me a gallon of gas. And today, these two dimes will still buy me a gallon of gas.
@Ring0--
@Ring0-- Ай бұрын
That's convoluted. Please don't tell me you homeschool your chillins.
@Anrirua
@Anrirua Ай бұрын
​@@Ring0--😂 No, that's just real money doing its thing
@edb3877
@edb3877 Ай бұрын
@@Ring0-- Seems plain enough to me. In fact, this point is often made about prices vs. inflation. The currency is getting cheaper and of less and less value. No need to over-think this, IMO.
@Ring0--
@Ring0-- Ай бұрын
How many of you own a kilo of silver?
@ChrisM-dm6ns
@ChrisM-dm6ns Ай бұрын
@@Ring0-- you are biased. bye.
@wisconsinchristian
@wisconsinchristian Ай бұрын
I listen to several PM channels, but BGM gives the most balanced views which is much appreciated. Thank you, sir!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you so much for watching! Wishing you a great day sir!
@helenbrooks4787
@helenbrooks4787 Ай бұрын
​@@baldguymoney5568You really are the best, most level headed guy out here, buddy, but I had a very disturbing thought about America losing the reserve currency status, and it's relationship to PM's. Please see my comment, it's a long one.Thank you, and,as always, great video, sir.
@stephenloy3535
@stephenloy3535 Ай бұрын
I bought 1000 ounces of silver in 1999.Look at it now.Patience is a virtue
@jonathanm5661
@jonathanm5661 Ай бұрын
Well done. What was the $/oz you paid in 1999?
@COUNTINGSLURPULA
@COUNTINGSLURPULA Ай бұрын
Very similar story here. 👍
@TheMarky26
@TheMarky26 Ай бұрын
​@@jonathanm5661price in 1999 was roughly $275/ oz
@stephenloy3535
@stephenloy3535 Ай бұрын
@@jonathanm5661 ,I don;t remember exactly,but something around $4.50 per ounce
@andygohhy
@andygohhy Ай бұрын
Congrats
@markgotschall2914
@markgotschall2914 Ай бұрын
It's a long game, pure and simple. I've been doing this since 1994
@edb3877
@edb3877 Ай бұрын
Yes, it most certainly is a long game. The only PM owners out there who are disappointed in their stacking are those who had unrealistic expectations of sudden wealth from their PMs, never realizing that PMs primarily *preserve* our wealth rather than increase it. Meanwhile, inflation is robbing us all of any work-product stored in fiat currency. Congrats on your long-term stacking. I did not start stacking until 2010. But my reason for being late to the party is good: I was too busy making money in the stock market to worry about alternatives to currency. 2008 changed that considerably. I did a lot of research on this and came to the conclusion that owning PMs outside the monetary system was a good idea to protect what I had. Although I had only paper losses in 2008, by not selling any lower priced shares, I had no real losses. All too many people panicked and sold shares in 2008, thus locking in their paper losses as real losses. This also created another problem for the sellers in that many of them were unable to get back into the market at a good time, so they completely missed the large gains of 2009-2010. Jack Bogle once said that all investors should "stay the course". That went along with his company's symbol of a sailing ship and the implication that staying on course would result in us getting where we were going... and it did.
@geralddraper4491
@geralddraper4491 Ай бұрын
Congrats , the long game is almost over. Well done. Those just starting 🤗👍👍 , and those that started during lock downs , kudos .
@livelife8980
@livelife8980 Ай бұрын
I've only just started stacking 2 months ago.i have 25oz silver 5 American eagles and 1 gram of gold. Every paycheck I try to put at least 75 to $100 towards the stack
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np Ай бұрын
Another great well thought out video which is fact based and free of both hype and empty calories.The concise nature of your videos is so respectful of viewer time. Congratulations at this new exciting phase of your life!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you so much for those kind words! I wouldn't be able to do this without great supporters like you. Wishing you a great day.
@RICHARDOCONNOR-s2j
@RICHARDOCONNOR-s2j Ай бұрын
Your channel stands out from others in this community. Your episodes on ounces needed to be a top 1 and 2 % stacker helps put this often-crazy hobby/ obsession into a better perspective.
@macclark4112
@macclark4112 Ай бұрын
No need to sell 47 years into this I don’t care about it. It’s been fun to become my own Bank.
@timothybender7383
@timothybender7383 Ай бұрын
You had no worries In The beginning ?
@HoneyBadger80886
@HoneyBadger80886 Ай бұрын
Word ! I've debanked as much as possible and I save in #bitcoin. After stacking PMs I got into stacking sats ! Self custody and #hodl.
@HoneyBadger80886
@HoneyBadger80886 Ай бұрын
​@@timothybender7383it took me two years to feel OK. 50 years of working and saving and inflation stealing it all. 2 years ago I set myself up to be my own bank. 2 years and no regrets. Zero is the only wrong allocation of NonETF bitcoin.
@DevineAbyss
@DevineAbyss Ай бұрын
@@HoneyBadger80886 Jup, these are also my 2 favorite investments. PMs because it has worldwide adoption and will always work, even though fees are a bit annoying shortterm. Bitcoin because it's super easy to store, transfer and use internationally, while beeing pretty much impossible to confiscate. Adoption is still low so using it would currently still be some work. And then I have some stocks because it is highly liquid and fees are pretty much nonexistant. You can literally sell all your stocks today, transfer it to your bank account, back to the broker and rebuy all of your stocks. If prices don't change and there are no taxes, the whole process costs you like 0,5% and that's pretty awesome. So yeah, I try to split the little money I have into these 3 buckets. And I feel like whatever happens in the future, I will be able to access and use most of that just fine.
@mattmatt6572
@mattmatt6572 Ай бұрын
Ouch btc is invisible trash
@silverman5707
@silverman5707 Ай бұрын
Selling your metals is selling your insurance.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
For some people, that's the plan. Horses for courses as they say.
@edb3877
@edb3877 Ай бұрын
@@nooneimportant779 Yes, there are and it is myopic not to recognize this. PMs are great tools in anyone's financial tool box. But buying them and never developing a solid plan about how to actually make the best use of them pretty much undermines the effort. My stack has these purposes and will be used for them: 1) making sure that I can pay my property taxes during hard times; 2) as a hedge against inflation; 3) as an interesting and fun hobby; 4) as a savings program; and 5) as a supplement to my retirement income. If owning PMs did any of these things, they would still be worth stacking. Agree 100% on freeing ourselves from debt, especially medium to longer term debt that compounds over time. My wife and I became debt free in 2014. We still have credit cards for convenience but pay them off every month. We have no mortgage or car payments, so our financial needs are modest. Our savings are substantial and the income from them allows us to travel, help our kids and grand kids, and buy pretty much anything we really need. Life is good, especially for those who worked hard, saved religiously, spent very carefully, and had a good plan for the future.
@patrickgrengs7594
@patrickgrengs7594 Ай бұрын
It depends on what you are rotating into -- a productive share of farmland is one solid option.
@mattmatt6572
@mattmatt6572 Ай бұрын
I would advise everyone to never by metals if you are in debt. Any investment the risk isn't worth being in debt over and metals aren't even an investment. You can't store wealth you don't have. Pay off debts then save.
@john316godlovesyou5
@john316godlovesyou5 Ай бұрын
Congratulations BG for moving on to bigger and better adventures! I always look forward to your videos! Your videos are always well presented and selflessly focused on helping people survive and thrive in the coming global economic chaos! God bless you bro and your family!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you so much for your support. Wishing you a great day.
@IvanButtkoff
@IvanButtkoff Ай бұрын
I understand the short-sighted frustration. If one only watches the hourly/daily price movements, and not the historical contexts, one might think they’re screwed in the short term.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Yep!
@danielkurek7009
@danielkurek7009 Ай бұрын
I don't know what you're talking about I'm not giving up.. I just bought two more ounces of gold and 100 more ounces of silver. Dollar cost averaging in for life!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
That’s great news! Wishing you all the best.
@mrmegahrtz
@mrmegahrtz Ай бұрын
Damn, when the amount im DCA'ing in with is around $8k, i will know ive made it
@OurHeroXero
@OurHeroXero Ай бұрын
You know what's great about golds sideway movement in June? It means the market is resting/storing energy.
@jim.zuzukiz3583
@jim.zuzukiz3583 Ай бұрын
Have not given up on metals ,just waiting for a dip
@edb3877
@edb3877 Ай бұрын
I am doing something similar, although I did buy several rolls of 1964 Kennedy halves about a month ago. Haven't bought any silver since 2021 but I have a weakness for Morgan dollars and Kennedy halves. But something I am noticing is that the dips that we used to get and the dips we're now getting don't look the same. Previous dips were usually in the 10-12% range in price while the ones we're getting now are more like 3-4%. Sometimes this makes them difficult to recognize as dips. These new dips also do not last as long, so buyers have to be quicker to grab what they can when such a modest dip does occur. 😕
@timothyoherlihy5391
@timothyoherlihy5391 Ай бұрын
Thank you Sir. It is an indication of how valued your production is that my hear missed a beat for a moment thinking that you were not going to make any more videos. They are always so concise, with much academic rigour and always reassure us. I have no doubt precious metals have a great future especially when low interest rate merge with greater public realisation that inflation is not an aberration but here for the foreseeable future. No doubt you contributed as much in your previous job as you do in your current productions.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thanks for the kind words. I am lucky enough where all I have to do now is make these videos. Since I love doing it - it’s like I never have to work again in my life :) wishing you a great day.
@donovanmic
@donovanmic Ай бұрын
I see gold and silver as a savings account. If, for example, the present value of 2 oz of gold will cover your expenses for a month, chances are 2 oz of gold will still cover your expenses in 10 years time regardless of how many dollars that may be then.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Great way to look at it!
@george0r510
@george0r510 Ай бұрын
You have it correct. The PMs hold value in 10 years or 100 years they hold value and inflation does not steal from the PM in hand. The biggest caveat I can share with you is???? Never go search to sell,, or negotiate the sale of value PMs, and take more than one unit (one bar, one coin, etc) with you. The reason, the price of the PMs is getting too high for a mistake, example to sell too low is a mistake, and to be in an emotional sale of 10 ounces at one time is dangerous if you mistake your sale price, and take a low price for 10 units in error. Never take more than one unit to deal at a time. Remember this,at all times, also, the buyer is trying to purchase from you at the lowest price, and you the seller are trying to get the highest price. Write down the lowest price you will take on a piece of paper, and keep it in your pocket, for selling only one unit. do not deviate. So it is not a fault to come home with the unit in our pocket still, it is being SMART..... Truly, you can do a dance to find the true level value of your unit the next day or another week later. When selling such a true, fair-value item, the price to be best for you, most likely will be enhanced if you, go very slow, and very targeted, as the buyer will be accustomed to an experienced method, to purchase using his /her "purchase dance". You need specific targets, to follow to gain advantage to succeed with the fair price, not a lower than expected price., on emotion to a fast talkING buyer. It never hurts to walk away, NEVER HURTS TO SHOW YOUR FORDATUDE TO GAIN FAIR SELL PRICE.
@kevinw9073
@kevinw9073 Ай бұрын
Fascinating report as always. Stacking metals for 16 years I no longer "freak out" on the price moves. Retired with no debt does make my life easier, and I still work part-time to keep my mind "fresh" and use that money to add to my stash. I never expected to still be staking at this point, however the way things are going it seems to be the wise and prudent thing to do. I buy it, record it, put it away and enjoy each day to the max. Keep up the good fight at your end and I will do the same! Cheers!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Retired with no debt! i just joined the club and it feels good.
@rickengman
@rickengman Ай бұрын
Great Video as usual BG, thanks for the analysis. I sleep much easier at night knowing that my PM's are protecting me from whatever turmoil is in the future. I also really appreciate the timely and optimal buying opportunities you give in your Patreon Channel. The "Bang for the Buck" factor is great.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you Rick. You’re a pillar of what I do here.
@romulus1300
@romulus1300 Ай бұрын
Good luck Bald Guy. Love your videos.
@rudeawakening3833
@rudeawakening3833 Ай бұрын
Good luck and God Bless Bald Guy on your future endeavors … I’ve always appreciated your work and dedication .
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Cheers!!
@libertybellecoaching6243
@libertybellecoaching6243 Ай бұрын
Thank you Bald Guy Money! I really appreciate the charts of how when interest rates go down, metal prices go up. It makes it easier to understand the cycles.
@edb3877
@edb3877 Ай бұрын
Yes, same here, although the presentation would be improved if the chart and the small window where Bald Guy is speaking did not overlap. I like to copy and paste these charts to save them on my PC for future reference. I can deal with smaller charts better than I can with losing part of the chart to the video window, especially when it covers one of the chart axes. Some charts contain some empty space where this small window could be placed, which would help by not covering anything useful.
@user-zb7qf8rq5r
@user-zb7qf8rq5r Ай бұрын
In 1987 I had six houses in London interest rates doubled and I lost it all. I started reading about historical property prices at the peak house prices were 5.75 times average earning in 1987 and they had never been that high. In 1995 houses were down to three times so I tried again. I flipped and flipped ended up with a large country property and when house prices hit 6 x earnings in 2003 I sold up and switched into gold. Well house prices didn’t fall as I expected but they went up and down. The house I sold doubled in value the gold went up by a factor of 10. Recently my gold position has gained in value of the country property on a monthly basis.
@markakira8988
@markakira8988 Ай бұрын
The average person on the street has little experience on how to be patient over a measly .47 cent drop. People want the immediate gratification instant money route. I stopped trying to talk to coworkers because they'd rather not think about it than face reality. I have two coworkers that spend $40USD on lotto a day, 6 days a week!
@edb3877
@edb3877 Ай бұрын
Your efforts were impressive but there is no talking to some people. Back in my early days of stacking, 2010-2011, I tried to get people interested in stacking too but the info I presented fell on deaf ears. Not only did they not know even the basics of personal finance, they didn't even want to know them. I gave up and stacked harder so that my own family would be protected from the worst of the hard times coming to us, mostly through government incompetence. I am fully prepared to reject any who failed to listen, had no interest in stacking, and who would come to me in the future when the hard times are upon us all, begging for help. Too bad, so sad. 😕
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Imagine how much gold they'd have if they used the money for that instead of lotto tickets.
@2Eaglez
@2Eaglez Ай бұрын
Interesting content, have always heard about the summer doldrums in metals, but never had seen the graphics you showed. Good luck on your move.
@DanielMeininger
@DanielMeininger Ай бұрын
I enjoy your thoughtful analysis, they are clear and make sense. This is a base case supported by previous circumstances and with other major global developments helps set basic price expectations. I agree with staying patient.
@celalettin4824
@celalettin4824 Ай бұрын
it was a fantastic video, thanks !
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Glad you liked it!
@dannymarlin9150
@dannymarlin9150 Ай бұрын
Thank you for all the insightful information. The best PM channel on KZbin. Nothing but facts🙂
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thanks Danny! I appreciate that.
@dannymarlin9150
@dannymarlin9150 Ай бұрын
@@baldguymoney5568 You're welcome! I wish you much success in all your endeavors 🙂
@edb3877
@edb3877 Ай бұрын
Bald Guy is truly excellent... but then, so is the 2is1 Gold channel. These two are my must-watch channels for great PM info and no hype.
@dannymarlin9150
@dannymarlin9150 Ай бұрын
Oh yes. I listen to his too🙂​@@edb3877
@joewood6578
@joewood6578 Ай бұрын
Thanks baldy!😊 You are one of if not the best moderator of your own channel of silver and gold news, and I appreciate the honesty of the facts that you present. Keep up the great reporting. Joe stacker from Mass.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you so much for watching and for the kind words. All the best.
@stephenhenderson4419
@stephenhenderson4419 Ай бұрын
I truly enjoy your perspective and hope that you continue to publish videos in the near future.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Cheers! More coming.
@ddprepper5227
@ddprepper5227 Ай бұрын
Excellent report thumbs up 👍👍👍👍👍👍😎 thank you for sharing your knowledge and expertise😊🎉❤
@TomOS1971
@TomOS1971 Ай бұрын
Thank you, excellent analysis as usual....I've recommended your channel to my local bullion shop owner
@baldguymoney5568
@baldguymoney5568 Ай бұрын
That’s incredible. Thank you.
@janetully2332
@janetully2332 Ай бұрын
When Venezuela collapsed, I believe that women traded wth single links from gold chains. Women have aways worn their wealth.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
I wear it too - some call me fancy - I call it being practical.
@richardchiriboga4424
@richardchiriboga4424 Ай бұрын
My mother said that during the 1920s all the women in the family got heavy gold bracelets that were soldered so that they were not removable except by cutting them off. These bracelets helped the family survive the great depression.
@bonnieupton4114
@bonnieupton4114 Ай бұрын
Interesting.... all I have is some jewelry passed down to me. Times are really scary.
@noicue8078
@noicue8078 Ай бұрын
@@bonnieupton4114I agree 🙏
@jaroslawjakubowski8438
@jaroslawjakubowski8438 Ай бұрын
​@@bonnieupton4114kup fizyczne srebro.
@bigdaddyhoffman1911
@bigdaddyhoffman1911 Ай бұрын
Love the statement about gold and silver at 1:30 ........Truer Words Were Never Spoken!!! Thanks for the video Bald Guy Money.. 👍👍👍 Happy 4th of July......Life is good......God Bless
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thanks Big Daddy!! All the best to you and your loved ones. God bless.
@zintun3575
@zintun3575 Ай бұрын
Congrats on leaving your main job Bald Guy. I also quitted my job 2 years ago and never miss it for a day. 😄
@baldguymoney5568
@baldguymoney5568 Ай бұрын
It feels good for sure. I worked with some great people and my company was very good to me over the years - but sometimes I man needs to set sail on his own.
@TheQuickSilver101
@TheQuickSilver101 Ай бұрын
I'm very happy for you, Bald Guy. I hope your channel continues to grow, it certainly should but I do get concerned that the world is excessively motivated by fear and not facts as it should be. In any case many congratulations!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you for the kind words and I agree with you. It is frustrating when I work so hard to put out credible videos and I see people asking me about stories that have been debunked or wild ideas about Silver and Gold reaching price parity. I think what I am doing here is important to get people seeing straight. All the best to you!
@noicue8078
@noicue8078 Ай бұрын
Great video. That was a great question of the day and a great answer. Thank you 🙏
@LibraryHobbit
@LibraryHobbit Ай бұрын
Low prices in Silver is a gift. It allows me to buy more!
@joeroth7140
@joeroth7140 Ай бұрын
Good luck with your transition to your new place. Please continue to deliver the same great content and not change what got you to this point. Great video 👍🏼
@uwescherbaum9676
@uwescherbaum9676 Ай бұрын
All the best for your ( surely happy) future. It was and is always and enrichment to watch your videos. Warm regards from Germany.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you so much for your kind words. I have spent many days and weeks in Germany over the past 10 years. Wishing you a great evening.
@uwescherbaum9676
@uwescherbaum9676 Ай бұрын
@@baldguymoney5568 In case your coming again to good old Germany, it would be great to meet and have a drink. I am located about 180km east of Frankfurt in a quitd country side village..
@anoopnair472
@anoopnair472 Ай бұрын
Good luck my man! Onwards and upwards 💪🏼 Wish you the best.
@ronaldwi6299
@ronaldwi6299 Ай бұрын
It would be interesting to see the three increases compared to what the money supply did during those timeframes and how it compares to now.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Good idea!
@jonathanlunglo
@jonathanlunglo Ай бұрын
Congratulations, and good luck during this new chapter in your life!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you so much!
@Popnpoff
@Popnpoff Ай бұрын
Thanks bald guy always good info
@faruktopbas603
@faruktopbas603 Ай бұрын
Hi bald guy! How weäas the increase percentage of miners during these phases, where gold and silver increased while rate cuts were happening? Thanks for your valuable and genuine comments!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Great question! I will cover it in my next video.
@tonyt.5316
@tonyt.5316 Ай бұрын
Great pick on the viewer question! I’ve always wondered that.
@Mochi_Forever123
@Mochi_Forever123 Ай бұрын
We appreciate your data analysis. Although Robert Kiyosaki, Peter Schiff, and Mike Maloney have made similar inferences in the past 10-15 years, we are still willing to believe your judgment. I believe that there should be some people here who believed them more than 10 years ago and started their precious metal journey. I wish us that day will come soon. Thanks for your great work. The most trustworthy metal YTuber!
@ct87gn25
@ct87gn25 Ай бұрын
Great comment! And for those who did stack metals 10 years ago because of those guys you mentoned, well they're doing pretty good because of the huge price increase in metals over that time. Wish I listened to them back then...
@baldguymoney5568
@baldguymoney5568 Ай бұрын
The truth is that Robert and Peter haven’t been wrong. Look at the trend line for gold and silver price in USD. It’s a steady upward line. Sometimes people have too high expectations. Gold and Silver have protected people well for the most part.
@ct87gn25
@ct87gn25 Ай бұрын
@@baldguymoney5568 100% agree!!
@kota9087
@kota9087 Ай бұрын
This is what I've been desperately searching for. A reason to hold on longer. This is real data. Thanks for the video.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Cheers!
@ianwinter100
@ianwinter100 Ай бұрын
And that doesn't take into account the evolution of BRICS.
@COUNTINGSLURPULA
@COUNTINGSLURPULA Ай бұрын
Been collecting since 82, stacking since 86. I've sold some pms over the years to survive, conveniently when peaks have hit like 2011-12. Had i not stacked, I likely would have been far worse off than just being homeless.
@edb3877
@edb3877 Ай бұрын
This is one of the great uses for PMs, IMO. They are a financial tool, not something to which we are married for life. A tool is only of use when it is USED. 👍
@RealChrisinAZ
@RealChrisinAZ Ай бұрын
Great analysis as usual!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Glad you enjoyed it.
@jimstuart3373
@jimstuart3373 Ай бұрын
For the past 30 years I have been stacking silver and gold. I knew all along that at some point I would probably have to rely on it to supplement my retirement. I’m 75 and so far I’ve only dipped into my 3500 oz silver stack to pay for a well deserved vacation and it was only 100 oz at that. I also had an exit strategy that if silver hit $30/oz I would sell some. So far I haven’t done that and I still have 15 oz of gold in reserve as well. I didn’t find your YT channel until a few months back, but am very impressed with your vids. Thank you for presenting clear and concise metals “and” overall economy analysis here.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you for that kind comment. It sounds like you are doing exactly the thing I am talking about here. Congrats and thanks for watching.
@silvercobra0923
@silvercobra0923 Ай бұрын
SILVER & GOLD...🤩🤩 RUN BABY RUN 🤩🤩
@edb3877
@edb3877 Ай бұрын
Come on, DIP! Dry powder awaits!! lol
@Shirley-dh1bl
@Shirley-dh1bl Ай бұрын
Great video, greet from the Netherlands ❤
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you so much for watching! I like the Netherlands very much. I spent a week in Noordwijk once on vacation.
@Chisca22
@Chisca22 Ай бұрын
This PM bull market will be epic, it’s gonna rip faces off
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Darn tootin’
@jennifermcgeorge6983
@jennifermcgeorge6983 Ай бұрын
I always enjoy your educational approach. I have learned a lot!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thanks for watching!
@bseavers
@bseavers Ай бұрын
Great Video. I hope to get my wife to watch. Understanding cycles will help alleviate fear. Owning a little gold is smart.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
All the best to you and your wife.
@jimpalsson4147
@jimpalsson4147 Ай бұрын
Great video! I hope all the best for your new endeavors and please have safe travels.
@thomaschew2191
@thomaschew2191 Ай бұрын
Slow and steady, DCA with monthly purchases. Set goals and be patient.
@watchful.
@watchful. Ай бұрын
90% of the price action is happening in 10% of the time, at the end of the bull market.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Exactly! We are only just warming up.
@smiley8881239
@smiley8881239 Ай бұрын
We have been “warming up” for for decades….
@OurHeroXero
@OurHeroXero Ай бұрын
@@smiley8881239 If the big move happens in the last 10%...AND we've been warming up for decades....wouldn't that suggest a multi-year run?
@watchful.
@watchful. Ай бұрын
@@smiley8881239 it depends when you started and how you look at gold? I started buying gold regularly in my early twenties, 20 years ago. Today the average price of my gold ounce I purchased is 747$ It looks good to me and I’m looking forward to what will happens in the future because I know that all fiat currencies are going to be destroyed.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Smiley - over decades Gold has more than beaten inflation. Maybe it’s a matter of your expectations? I am trying to set realistic expectations here.
@chrisbealey6478
@chrisbealey6478 Ай бұрын
I'm letting my grandkids worry about it when they inherit it all .
@edb3877
@edb3877 Ай бұрын
Just make sure that they understand what PMs are all about, so that your wonderful efforts in this are not wasted.
@chrisbealey6478
@chrisbealey6478 Ай бұрын
@@edb3877 I'll make sure 😊 Thanks for your reply
@viennaweiss8470
@viennaweiss8470 Ай бұрын
I found that the local metal sells (not coin shops, but metal precious metal sellers) are selling silver, but buying only a few different types of silver coins, and NO bars. Odd? Any guesses why?
@baldguymoney5568
@baldguymoney5568 Ай бұрын
I haven't heard that but I suppose it has to do with liquidity and what their customers are demanding. I have been buying Philharmonikers a lot lately because of the low premiums on them. Just as I was buying Britannias in 2022.
@viennaweiss8470
@viennaweiss8470 Ай бұрын
@@baldguymoney5568 I imagine it's because to purchase silver from stackers would cost a "premium" right now, and perhaps they've enough on hand to ride it out until any price dip (that they might be banking on).
@2Eaglez
@2Eaglez Ай бұрын
Could be that these stackers are at or near their stacking goals. Most will stack whatever has the cheapest premium. As you stack you do begin to realize that some forms of metals are perhaps better than others. Examples would be constitutional silver and pre 1933 US gold coins.
@DavidSagala-vs7yf
@DavidSagala-vs7yf Ай бұрын
Thank you Bald Guy
@Mikepace001
@Mikepace001 Ай бұрын
Really appreciate your videos, always balanced and informative
@Virgin_Stacker
@Virgin_Stacker Ай бұрын
Your insight is greatly appreciated BGM. Wishing you well in your future endeavors. Stakes on🇻🇮
@rodie1969
@rodie1969 11 күн бұрын
Always fascinating ! Thanks a lot !
@larrywhitesell4139
@larrywhitesell4139 Ай бұрын
Nice video. Simple, concise, informatve
@christopherk140
@christopherk140 Ай бұрын
Would like to know where your moving to and why that selection. ???I’ve been slowly getting used to Montserrat….. now spending six months a year there and contemplating starting a business. Already have much in place for hopefully a happy retirement and a small business to supplement retirement income.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
I will reveal that soon in a video.
@pauldeman8622
@pauldeman8622 Ай бұрын
Instructive. With the financial dictature without any consideration for people next step can be lower interest but only available for a few with digital money. Have a fine travelling time.
@MA1776AGAIN
@MA1776AGAIN Ай бұрын
Congratulations, Sir. Best of luck on the youtube career. I look forward to many more of your videos.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you very much!
@Coindom65
@Coindom65 Ай бұрын
I'm a 58 year old grain farmer I've been a semi -serious stacker for nearly all my adult life but became more serious about it in early 2023. Farmland I believe is in a bubble too so buying more I felt a losing proposition why buy something that will start losing value as soon as it is bought? So I decided to buy silver and gold which is looking like a great idea now! The fear a have is a crash in most markets when people also are forced to liquidate precious metals as well or maybe they will buy precious metals when everything else is crashing who knows? But my intentions are to liquidate my metal holdings at some time in the future to buy either more farmland or maybe even a lake house for retirement. I find your content very informative, enjoy your charts and analysis and always look forward to your next video!!
@jonesmatthew7511
@jonesmatthew7511 Ай бұрын
Congratulations on a different chapter in life! Good luck and thank you for the analysis that you do. You will have to tell us where you are moving to! I'm sure it will be in a future video. :)
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you! I may do a special intro for my first video there.
@jonesmatthew7511
@jonesmatthew7511 Ай бұрын
@@baldguymoney5568 I would appreciate it and I'm thinking the same thoughts based on leveraging the USD in the international real estate market. The US is too expensive now.
@richardhumphrys7907
@richardhumphrys7907 Ай бұрын
Electric vehicles use 4-5 ounces of Silver vs. 1 ounce in combustion engines. Also only 1 billion ounces remain in circulation, compared too 12 billion in the 1,800s.
@elsaanndo7720
@elsaanndo7720 16 күн бұрын
Great information! Thank you
@Heavygrenadelauncher
@Heavygrenadelauncher Ай бұрын
Very interesting analysis!
@silverbushman
@silverbushman Ай бұрын
Lots going on noting ever happing we need that shock 🎉
@edb3877
@edb3877 Ай бұрын
Maybe this is like how earthquakes work? Nothing for a long time as the pressure builds and builds and then a real ripper happens that surprises almost everyone? In some places, we get minor shocks fairly regularly... things in the area of 3-4 on the Richter Scale come to mind. Enough to feel and maybe enough to make the hanging lamps move a bit but not enough to do any real damage. Small but frequent movements are much preferred to a very few really big ones. I was in a 6.5 quake years ago. I ran out of the building I was in and could see the ground rippling like ocean waves. Scared the heck outta me... and I don't scare easily.
@marsbetelgeuse7599
@marsbetelgeuse7599 Ай бұрын
It's a pleasure to listen your channel
@sherrydance144
@sherrydance144 Ай бұрын
Very clear and no BS. Good analysis.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Glad you liked it!
@luckarpov368
@luckarpov368 Ай бұрын
Hi bald guy i What are your predictions regarding precious metals if Trump is elected and the difference if Biden is elected.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
I really don't think the result will be much different either way. They both like to spend and both want lower rates.
@kevinyaucheekin1319
@kevinyaucheekin1319 Ай бұрын
​​​@@baldguymoney5568I think in terms not only of fiscal domiance tendencies of both joe & Prez Trump. There also geo political aka global thermo nuclear war risk. Trump might very well strike at Iran, Iran can shut down most certainly the Straits of Hormuz for at least 10 to 14 weeks, maybe for as long 18 to 24 weeks, if the Americans tardy & not on the ball. Iran can absolutely shut down totally Qatari Natural gas aka LNG production for at least 16 to 20 months, maybe even 24 to 36 mths. That be a right bummer for those importing LNG. However conflict with Iran is not gonna lead to global thermo nuclear war. China will be most displeased but at best will provide some sat intel & maybe low keyed smallish scale supply of weapons. Russia will huff & puff in outraged indignation, it might provide some significant large scale weapons shipment & loads of intel support, assuming the conflict in Ukraine has wound down or is winding down. If not arms shipment will be very limited. Russia absolutely will not extend its nuclear umberlla to Iran. That tolerable to some large extent no human techno civilzation extinction event. Biden is slow walking Nato into global thermo nuclear war with Russia not quite yet China. Russia vastly superior to China vis a vis strategic delivery platforms & nuke warheads. Nuclear war with China will be necessary limited due to the laughably small numbers of Chinese nuclear weapons & delivery platforms. With Russia it might not be limited because Russia has at least 11 to12 times the weight of China in terms of nuclear weapons. So from a human techno civilization surival prespective, rather Trump then Biden, as he by far the lesser of 2 evils. Likely nuclear war with Iran is very, very much less impactful then with Russia. Likely nuclear war with China excluding Russia is much less impactful then nuclear war with Russia. Avoiding nuclear war with Russia is an absolute imperative, with China strongly desirsable but not not absolute imperative, with Iran the risk is quite tolerable & might be good for Yankee oil & LNG exports. 😊
@smiley8881239
@smiley8881239 Ай бұрын
I disagree with that. I think I precious metals will go thru the roof if Biden is re-elected much like gun sales did when Obama was elected. The cat is out of the bag now for Biden and this country will go nuts if Biden is re-elected. People have faith that Trump can fix the economy. Maybe that faith is displaced but that is the belief of much of our country at the moment. If the population believes that Trump is the savior and he is elected, then precious metals will fall flat for some time until people realize that Trump also has to “inflate or die”. If Biden is re-elected, then people will realize right away that a demented President cannot help them and they must do something to help themselves. This is all assuming, of course, that we even have an election and that these two candidates will be our only choices… God help the USA.
@Silvertoburn
@Silvertoburn Ай бұрын
Good times ahead!!! Gooo Baldguy!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Yes sir!
@MA-jx6yq
@MA-jx6yq Ай бұрын
Good content!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you!
@C..Squared
@C..Squared Ай бұрын
As always great content. I appreciate your opinion and consider your view in my decision making. Can you give us a hint where you are moving to in a very broad way i.e. North/Central/South America, EU, Middle east, Asia, etc? Have a safe journey to your new home and much happiness!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Moving back to Europe after 7 years in Dubai.
@SailingTristandaCunha
@SailingTristandaCunha Ай бұрын
Question: the amount of gold and silver that can be mined is finite. Estimates put the remaining mineable amount at around 15yrs worth. I'd be curious to hear your perspective on how much you think there is left, and what you expect it will do to prices. (Don't say it's far in the future - It isn't ;-)
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thanks for the comment - seems you already have a strong opinion on the topic. I can consider covering this in the future. Thanks for watching.
@attila2a746
@attila2a746 Ай бұрын
Great historical analysis I enjoyed the video
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Glad you enjoyed it!
@LegalShield3000
@LegalShield3000 Ай бұрын
There are 2 things that weren't really covered. First is the artificial suppression of silver prices. The second is that historically, the Silver/Gold ratio has been 12/1. It's hard to say how these will play in, but at some point, "they" won't be able to suppress the price anymore.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
I have done separate videos on them. They weren't really in scope for this discussion. Thanks for sharing your point of view though - I do appreciate it. All the best.
@markh1324
@markh1324 Ай бұрын
Thanks for the video. And congratulations on moving into the next chapter of your life.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thank you!
@glennmurray9409
@glennmurray9409 Ай бұрын
Well done bold guy, keep up the good work
@mondolilith7917
@mondolilith7917 Ай бұрын
Bald Guy… you really stay on point! Indispensable! In mid May the BoC lowered rates. Last week they injected 31.5 billion into the repo market. Question: Does money/fiat creation tend to follow rate cuts? Nothing gonna weaken my strong hands. I refuse to let go unless it’s a major emergency or it’s more than worth it. It’s my thinking we can’t be effective stackers unless the rest of our house is in order.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
The Canadian housing market is very fragile right now. Banks are bracing for higher default rates. This may be the reason but I would read on the liquidity injection because it’s the first I’m hearing of it.
@user-ru9nl5wr7i
@user-ru9nl5wr7i Ай бұрын
Congratulations! 👍🏽
@baron6271
@baron6271 Ай бұрын
Price is fake. I'll keep hoarding. DCA all the way.
@markbarnaart2381
@markbarnaart2381 Ай бұрын
June is not good for gold hang in there . Always Great videos Bald Guy 🎉 can’t wait to see you hit 40,000 subscribers !!!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thanks Mark - seems I'll hit that level soon.
@mlbaker40
@mlbaker40 Ай бұрын
Gold and silver prices are clearly acting like there is a computer painting the chart. 300 trillion in global debt. That's the reason to be in the metals.
@Bufford2024
@Bufford2024 Ай бұрын
If the fiat system stays solvent...your PM numbers are solid. If fiat fully fries and the banks go bupkiss ... then add a zero.
@Bigcity51
@Bigcity51 Ай бұрын
My state just got rid of PM sales tax. I feel like I am getting a 6% discount now.
@libertybellecoaching6243
@libertybellecoaching6243 Ай бұрын
Iowa does not tax gold or silver purchases, BUT they tax copper purchases.
@Bigcity51
@Bigcity51 Ай бұрын
​@@libertybellecoaching6243 Hmm... That is interesting. I don't buy too much copper bullion so I don't know if that is the case in WI.
@SilverTruther
@SilverTruther Ай бұрын
Great video - Thank you 😊
@kimgabriel4338
@kimgabriel4338 Ай бұрын
another thing to consider is the GSR. your price predictions yield a GSR of 85 = it's already about 79 to 80 so the price of silver will more likely be $54.25 I think the GSR will go even lower due to supply shortages and more demand for the "green agenda" so GSR at 65 means silver is $65.95 . Hang in there folks. It's just starting!
@baldguymoney5568
@baldguymoney5568 Ай бұрын
You could be correct. I think we may see a return to 60 to 1 over the next few years.
@drainbramagebrandon1047
@drainbramagebrandon1047 Ай бұрын
Thanks Bald Guy!
@daviniarobbins9298
@daviniarobbins9298 Ай бұрын
Silver would be for every day to day living expenses. You aren't going to use gold to buy a loaf of bread for example, that would just be silly. A loaf of bread is what a 1/10oz silver coin would be for for example.
@baldguymoney5568
@baldguymoney5568 Ай бұрын
I don't believe we will transact directly in metals, but you never know.
@daviniarobbins9298
@daviniarobbins9298 Ай бұрын
@@baldguymoney5568 I don't think we will either. It would be weird though going into a shop and the prices are in troy grams of silver. I don't know how much a quart of milk is on average in the states but here a litre of milk(nearest measurement to a quart) is £1 which at current spot price for silver would be 0.74g of silver.
@AKAFringe
@AKAFringe Ай бұрын
Always the best stuff
@baldguymoney5568
@baldguymoney5568 Ай бұрын
Thanks brother!
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