Will Rising Unemployment Bring Gold & Silver Down? This Is What The Data Says!

  Рет қаралды 22,552

Bald Guy Money

Bald Guy Money

10 күн бұрын

Join the Bald Guy Money Patreon Community for great additional content:
www.patreon.com/user?u=85209064
In this video cover:
- How unemployment & job opening data has developed in 4 key countries since last talking about it in December 2023 (USA, UK, Canada, and Australia).
- I take you through Gold & Silver price performance during periods of rising unemployment to show you if prices go down or up as the economy slows down.
- I cover the main reasons why this rising unemployment environment is different that past environments and what the means for Gold & Silver prices.
- I answer a viewer question on the topic of mining stocks and where I see them going over the next few years.
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:
US Unemployment Rate Data
fred.stlouisfed.org/series/UN...
US Unemployment Rate Chart
tradingeconomics.com/united-s...
US Job Opening Data Chart
tradingeconomics.com/united-s...
UK Unemployment Rate Chart
tradingeconomics.com/united-k...
UK Job Opening Data Chart
tradingeconomics.com/united-k...
Australia Unemployment Rate Chart
tradingeconomics.com/australi...
Australia Job Opening Data Chart
tradingeconomics.com/australi...
Canada Unemployment Rate Chart
tradingeconomics.com/canada/u...
Canada Job Opening Data Chart
tradingeconomics.com/canada/j...
Silver Price Chart
www.tradingview.com/symbols/X...
Gold Price Chart
www.tradingview.com/symbols/X...
GDX Price Chart
www.tradingview.com/symbols/A...
Newmont Price Chart
www.tradingview.com/symbols/N...
Article With Silver Demand Chart
www.thearmchairtrader.com/sil...
#silver #silverprice #gold

Пікірлер: 334
@baldguymoney5568
@baldguymoney5568 9 күн 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)!
@DonAndang
@DonAndang 5 күн бұрын
*Delaware 1787 *The first state *Caesar rodney *1999 E pluribus unum - *United State of America *In god we trust *Liberty *Quarter dollar I have this coin help me where i sell it
@maxcactus7
@maxcactus7 9 күн бұрын
CONGRATULATIONS on going full time on KZbin, BaldGuy! We're extremely fortunate to have you and looking forward to the ever increasing growth and success of your channel! 🎉🎉
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
I am very fortunate to be in a position to do what I want to do! Thank you for your support. Have a great day.
@888strummer
@888strummer 9 күн бұрын
Gold and silver ALWAYS go up during a recession in America. People need to remember that gold and silver are at their best when the US economy and the US dollar are at their worst. One reason for this is that the Federal Reserve always begins lowering interest during a recession to stimulate the economy and this will always weaken the US dollar and send gold and silver higher. And there are other reasons why gold and silver always rise during a US recession. Remember also that the price is driven by the billion dollar hedge funds and money managers and by central banks; not by the small investors like me and others here
@edb3877
@edb3877 9 күн бұрын
It's also interesting that in a recession, gold and silver fall at the start of the recession and then come back even stronger as the recession proceeds. People sell their gold and silver mutual funds and ETFs to cover other losses, which floods the market with "paper" metals, resulting in a reduced price for the metals. But this is temporary and a great time to be buying more PMs.
@ronwinkles2601
@ronwinkles2601 9 күн бұрын
Very true indeed!
@10tourch
@10tourch 8 күн бұрын
There is always a major crash in precious metals before it starts to rise about a year into the recession. When the yield curve inverts and the market tanks that’s when metals will dip hard. That’s when you buy
@888strummer
@888strummer 8 күн бұрын
@@10tourch I wouldn't over think this. I would just be buying now and holding. I'm a dealer for 25+ years and no 2 patterns are ever the exact same. We've had an inverted yield curve for at least 18 months and yet no recession, which goes against old patterns. Usually within 6 months of an inverted yield curve, we enter recession. And always within a year, but here we are at least 18 months or more with an iverted yield curve and stil no recession. I think June was the final dip down for gold and silver and both rise every week for many weeks in July and August.
@hugohabicht9957
@hugohabicht9957 8 күн бұрын
@@edb3877agree
@ody9931
@ody9931 9 күн бұрын
As we go into this nasty recession its going to hurt... I moved 40% of my portfolio into metals. The one guarantee in life is that the government will destroy your spending power
@edb3877
@edb3877 9 күн бұрын
If only the US Gov was as interested in their productive citizens as they are in their non-productive citizens. 😕
@randywhelchel4674
@randywhelchel4674 9 күн бұрын
You move it to PMs and it’s stored securely where YOU only can get it.. NOT say the Gov or a fund if they feel they need it more then you do ?
@hugohabicht9957
@hugohabicht9957 8 күн бұрын
True if you can . However many May need to sell to make ends meet
@randywhelchel4674
@randywhelchel4674 8 күн бұрын
@@hugohabicht9957 like eating your seed corn :-(
@georgehorner1578
@georgehorner1578 8 күн бұрын
amen
@tonyt.5316
@tonyt.5316 9 күн бұрын
Bald guy, your videos are still at the very top when I open KZbin. 🏆
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Cheers!
@TheQuickSilver101
@TheQuickSilver101 9 күн бұрын
Moving and going full time KZbin at the same time is quite an accomplishment. Congratulations, Bald Guy!
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thanks! It's more of retiring from my job to spend my time the way I want to than anything else. Wishing you a great day ahead.
@edb3877
@edb3877 9 күн бұрын
@@baldguymoney5568 Doing what we want when we want is the very best way to enjoy our liberty. 👍
@sarge27271
@sarge27271 9 күн бұрын
Let the prices come down!! I'd LOVE to save some fiat on my next haul ;-)
@mdavid2100
@mdavid2100 9 күн бұрын
Congratulations on being full-time on KZbin. You've done a great job with your reports. Thank you for all the hard work and great analysis.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you very much!
@concurringlion3643
@concurringlion3643 9 күн бұрын
Good for you BGM, I can't wait to find out where you're going!
@Mrjones1905
@Mrjones1905 9 күн бұрын
Your honesty has been rewarded, grateful for your wisdom. TYVM Sir
@dukenukemani07
@dukenukemani07 9 күн бұрын
Hi Bald Guy. I think $60/ounce for silver by 2026 is a little overambitious, but I greatly appreciate the charts you laid out and I completely see your logic behind it. Keep up the good work! 👍
@LAStreetPreacher
@LAStreetPreacher 9 күн бұрын
In no way is $60 silver overly ambitious by 2026. We could hit that price by 2025.
@dukenukemani07
@dukenukemani07 9 күн бұрын
@@LAStreetPreacher Not impossible, but that would mean doubling spot price in less than a year... If that happens, then natural market forces will NOT be the driving factor, but a major global catastrophe. Be very careful what you wish for!
@baldguymoney5568
@baldguymoney5568 8 күн бұрын
I appreciate that you think the price is ambitious. So many people think Silver is headed straight to $1000 - that’s just unrealistic.
@dukenukemani07
@dukenukemani07 8 күн бұрын
@@baldguymoney5568 Yes, those people should not be stacking... they belong in the stock market.
@Chisca22
@Chisca22 9 күн бұрын
The people who haves manipulated the PM market are losing control. Expect a big $Gold and $Silver run up 🚀
@nevillokapi3617
@nevillokapi3617 9 күн бұрын
Congratulations..keep up the great work you do
@Glorious_God
@Glorious_God 8 күн бұрын
Happy to see your channel grow, being here since day 1 always believed in your potential! One small request to have a video discussing real estate versus gold performance especially in crisis
@yalcinceylanoglu4482
@yalcinceylanoglu4482 7 күн бұрын
Thank you for your info❤❤❤
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np 9 күн бұрын
Succinct and to the point, as usual. I can just imagine the prep that goes into each video. Thank you sir.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
There is definitely prep because I need to stay focused on the topic while minimizing digressions. Thank you so much for watching.
@mikef4071
@mikef4071 9 күн бұрын
Great job, as always.
@jimpalsson4147
@jimpalsson4147 9 күн бұрын
Safe travels, Bald Guy. I hope everything goes well for you in your new residence.
@micll3229
@micll3229 8 күн бұрын
Congrats! Keep up the good work
@DavidG-qe7yn
@DavidG-qe7yn 9 күн бұрын
Thanks BGM!😎
@925inder2
@925inder2 9 күн бұрын
Great video BGM. Could not agree more.
@nrwalsh
@nrwalsh 9 күн бұрын
Congratulations on making the leap🎉. I appreciate the quality content!
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you so much.
@tracyshannon1795
@tracyshannon1795 6 күн бұрын
What an absolutely exciting time for you! I think when you look back on life, you will have deeply fond memories of this exact time in your life. I also get the sense that you are, here and now, consciously aware of this being one of those watershed moments.
@baldguymoney5568
@baldguymoney5568 6 күн бұрын
Thanks. Sometimes you have to bet on yourself.
@matthewmushlin13
@matthewmushlin13 9 күн бұрын
Just wanna say, I love your presentations and the style in which you do them! Stay well!
@baldguymoney5568
@baldguymoney5568 8 күн бұрын
Thank you.
@kellerfamilyband
@kellerfamilyband 8 күн бұрын
Brilliant work
@ltcrmarsh
@ltcrmarsh 9 күн бұрын
Congratulations and safe travels!
@attila2a746
@attila2a746 8 күн бұрын
Thank you Bald Guy ! Always appreciate the charts
@baldguymoney5568
@baldguymoney5568 8 күн бұрын
Thanks man! Hope you are well!
@user-ru9nl5wr7i
@user-ru9nl5wr7i 9 күн бұрын
I am looking forward to watching everyday! 👍🏽
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Glad to hear it!
@DanielMeininger
@DanielMeininger 9 күн бұрын
Thank you sir.
@stephenhenderson4419
@stephenhenderson4419 9 күн бұрын
I truly enjoy your precious metal / market perspective!
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you. I appreciate you watching and leaving comments. Wishing you a great day.
@sfaininja4224
@sfaininja4224 9 күн бұрын
Congrats on the milestone!
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Cheers!
@vincemurry4201
@vincemurry4201 9 күн бұрын
Always informative , I'm like a sponge, I absorb all your knowledge , thanks for sharing. WE ALL LOVE YA , BALD GUY.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you so much Vince! Sending the love right back at you!
@anna12144
@anna12144 9 күн бұрын
Another masterpiece, great insight.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you.
@mlangbert
@mlangbert 8 күн бұрын
Great video. Congratulations on your new venture.
@baldguymoney5568
@baldguymoney5568 8 күн бұрын
Thank you!
@Eli-qr9hc
@Eli-qr9hc 7 күн бұрын
Thanks BGM, I really like your focus on Precious Metals here, keep up the great work, take care!
@baldguymoney5568
@baldguymoney5568 7 күн бұрын
Thanks Eli! All the best.
@vincemurry4201
@vincemurry4201 9 күн бұрын
Sir, I also wanted to tell you, when I watched you before ,and you were speaking on how much each household should have of silver and gold. I was shocked ,I set the bar too low for myself. I'm happy to say now as a bachelor I have more than the recommended amount of Gold. I LEARNED THIS FROM YOU. KNOWLEDGE IS POWER, SO IM HOOKING UP MY CABLES TO YOU, SO ROCK ON , HELL OF A POWER SOURCE.
@silverliner4894
@silverliner4894 9 күн бұрын
Congratulations on your new career and I wish you the best BG.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you so much!!
@unclejohnny863
@unclejohnny863 9 күн бұрын
Thank you, you just confirmed the advice my relative gave me😊
@unclejohnny863
@unclejohnny863 9 күн бұрын
But I somehow trust yours more😊😊
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
That's awesome!
@user-pc4wb6md6p
@user-pc4wb6md6p 9 күн бұрын
Thanks Bald Guy, always good to see u doing well,😊
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you!
@dajjalmohammadmulhidpeer5198
@dajjalmohammadmulhidpeer5198 9 күн бұрын
Thanks a bunch, sir. You never miss out any detail. Neat. Also great pic of a great actor there. Clark Gable was the best actor of his times.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Hey!! You’re the first comment mentioning Mr. Clark Gable - the king of Hollywood!
@danielmarshall2084
@danielmarshall2084 9 күн бұрын
Congratulations
@thomascrompton7775
@thomascrompton7775 9 күн бұрын
We might ger one more dip. Then fed will start dropping rates and it will break out again.
@viennaweiss8470
@viennaweiss8470 9 күн бұрын
Whomever it is that is manipulating the precious metals market can't do it forever, stay strong, hold on.
@scottboyington9768
@scottboyington9768 9 күн бұрын
They have been doing it for 75 years they will continue to do so.
@HANZELVANDERLAAY
@HANZELVANDERLAAY 9 күн бұрын
I don't understand how they can do it around the world....like every country..responds to their control... interesting
@scottboyington9768
@scottboyington9768 9 күн бұрын
@@HANZELVANDERLAAY Metals will move up stay patient been stacking 35 years
@edb3877
@edb3877 9 күн бұрын
@@HANZELVANDERLAAY No doubt that international bankers have a hand in this, making it worldwide and not a country by country thing. The BIS and IMF are in this up to their eyeballs with the chairmen of the individual central banks and treasury secretaries also involved. IMO, the world is slowly moving towards a one world government and it will be the bankers leading the charge. While there would be some benefits of this, the temptation that absolute control brings would corrupt it and make it a financial tyranny like no other.
@allisonw9724
@allisonw9724 5 күн бұрын
Good stuff as always! Love to hear your thoughts on platinum as a metal investment. Also, side note, I have a company with a team of salesmen who all happen to be bald. I tell them their ability to make money selling is the reverse Sampson effect... Going bald unlocked their money making power!! 👍
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
Haha that’s a good one. On the topic of platinum, I have spoken about it a few times. I am a platinum bear. I think gold and silver will both outperform platinum over the long-term.
@DieLuftwaffel
@DieLuftwaffel 9 күн бұрын
Interesting choice of picture to keep above one's bed... Had to say that before even finishing the video lol.
@baldguymoney5568
@baldguymoney5568 8 күн бұрын
I’m in a Hollywood themed hotel. It’s pretty cool.
@joeyboedeker2047
@joeyboedeker2047 9 күн бұрын
Hopefully it does come down, so those who are late to the game are able to start "stacking".
@ynot552
@ynot552 9 күн бұрын
There is not a true best time to start stacking...just start and be consistent and hold for the long time frame. Not a short term activity, insurance that lets you feel a little more secure Good luck
@silversleuth007
@silversleuth007 8 күн бұрын
I trust your opinions on numbers provided by various agencies, Bald Guy. I just don't trust the numbers or the sources that publish them. The only thing that doesn't change is change. Keep up your great work!
@baldguymoney5568
@baldguymoney5568 8 күн бұрын
Of course! I agree with you. I will show the “real unemployment” data in a coming video to clarify that. Thanks for watching.
@christophermccormick8670
@christophermccormick8670 9 күн бұрын
Maximums Baldness! You never disappoint. We’re not worthy!!!
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Hahaha thanks Chris! Hope you had a great weekend.
@adamgarthwaite5764
@adamgarthwaite5764 9 күн бұрын
Class content
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you!
@hr8052
@hr8052 5 күн бұрын
Sound glitch during the intro 26 secs to 27 secs? Great video by the way!
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
You know - I heard that too - I don’t know what that was. I have a new mic and I love it. Hopefully it won’t do that again.
@thevanman4498
@thevanman4498 9 күн бұрын
Congrats BGM and to all us longtime holders if the $60 AG prediction even comes close!
@stevenpalamarchuk3302
@stevenpalamarchuk3302 9 күн бұрын
I always take time to listen to what you have to say you were always very poignant to the ideas that you show and you have data to back it up. Thank you for your insight. I always appreciate what you have to say. Thank you.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
That is a very kind comment - I appreciate the fact that you took the time to leave. Wishing you a great day ahead.
@stevenpalamarchuk3302
@stevenpalamarchuk3302 9 күн бұрын
Im just asking cause i could not find it on the NY stock exchange the miner VanEck if you could help me i would be grateful thank you Steven
@rickengman
@rickengman 9 күн бұрын
Great Video BG... as usual.... If you haven't Joined Patreon yet, you should. BG gives very detailed analysis on Stocks, Metals and Crypto. We also have some great group discussions on the Discord. My membership has paid for it's self 50x over with the timely Buy levels for both Metals and Mining Stocks.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
You were one of the first and you are definitely one of the best brother!
@BA-lt2tx
@BA-lt2tx 9 күн бұрын
The reason why rising unemployment has no downside effect on the price of gold is that those who buy / own gold don't lose their job in a recession but to the contrary look forward to recessions to deploy cash and buy distressed assets on the cheap. We are talking about two different crowds.
@amr8457
@amr8457 9 күн бұрын
I buy gold and I just lost my job.
@edb3877
@edb3877 9 күн бұрын
Yes, we are, and a substantial portion of those who are retired and in good financial shape don't get impacted by a recession nearly as much as those in the financial middle class and lower folks. In fact, the most money in one's life can come from their investments in stocks bought on the cheap during a recession, held for 6-9 months, and then sold at substantially higher prices as the recession ends. Most of us are not cheering this on because we know how hard it makes life for some of our fellow citizens, but since these things happen anyway, with or without our approval, why not cash in on it? It's good to share some of this with those who have less than we do, so contributing to local charities helps to get people through the hard times in life and it feels good to do good.
@amr8457
@amr8457 8 күн бұрын
@@edb3877 indeed, watching other suffer is not good for the soul. Helping others is good for the soul.
@213thAIB
@213thAIB 9 күн бұрын
Congratulations on the new venture!
@davidkrempasky7086
@davidkrempasky7086 9 күн бұрын
I'm a big fan of bald guy, I'm a bald guy also. Newmont operates here in Cripple Creek, Colorado. I like hiking the old mining trails in Victor.
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
Colorado - beautiful part of the world.
@razorback7158
@razorback7158 8 күн бұрын
I’ll buy more then
@h.wayneb3495
@h.wayneb3495 9 күн бұрын
Congrats and thanks for sharing your insight.
@metaltracker1723
@metaltracker1723 9 күн бұрын
Great video BG. Look forward to more to more great content.
@C..Squared
@C..Squared 9 күн бұрын
Thank you for the excellent charts/graphs much appreciated! Congrats on your success and going full time YT. YT is my new TV station (streamed through Roku). Your content is intelligent which is in short supply on cable.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Much appreciated!
@70Eldo
@70Eldo 9 күн бұрын
Another factor is the macroeconomic factors of the end of the Petrodollar and the BRICS new currency coming soon, which is backed by precious metals and other commodities. When you add in the national debt and printing of US Dollar monopoly money and add in the fake paper gold and silver ETF's 400/1 ratio, then I don't see gold or silver coming down anytime soon if ever.
@edb3877
@edb3877 9 күн бұрын
Monopoly money is a good way to describe fiat currency. They do, in fact, have a monopoly on printing it but as in ALL cases to date, no one can ever resist the urge to print more unbacked paper currency than an economy needs for the efficient transfer of goods and services. This temptation is simply beyond the resistance capacity of human beings, yet we seem to keep trying this experiment when the results of MANY trials already shows us the answer. For some reason, we simply HAVE to keep trying it over and over again without any regard for the results of previous fiat currency experiments. 🙄
@zayneunderwood1488
@zayneunderwood1488 9 күн бұрын
Great video Bald Guy.... 😮🎉 👉🏻💎💎💎🥈🥇
@vincemurry4201
@vincemurry4201 9 күн бұрын
God Bless you and your Family , safe and Happy trails. Your probably a good dad.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you. I hope my kids think I am. I am blessed to have them.
@vincemurry4201
@vincemurry4201 9 күн бұрын
@@baldguymoney5568 I heard you mention leaving money for your Sons after life, I got 2 Sons, when I heard that, I knew you wouldn't be playing around.Keep up the good work Sir.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
It’s our duty as fathers to show our kids the way!
@vincemurry4201
@vincemurry4201 9 күн бұрын
@@baldguymoney5568 Amen my lightskinned brother, Amen.
@fasteddy6170
@fasteddy6170 9 күн бұрын
Consider the Rigging and $600 SILVER by Dec
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
$600 silver by December? Come on Eddy - you watch my videos. You know I don’t believe in that. I appreciate you watching though. I always like your comments.
@thedaveandjimshow3809
@thedaveandjimshow3809 6 күн бұрын
Been a coin and precious metals dealer since 2003. Gold was $400 and silver $7 an ounce. Today gold is $2350 and silver is $31. All precious metals continue to go up in price over the course of time. Lots of ebbs and flows but arrow is always up long term. However, I've made millions in precious metals and I don't hold at all. I buy with a built in profit and take that profit while there is a profit to he had. Period.
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
Thanks for watching.
@dsauce223
@dsauce223 8 күн бұрын
Enjoyed the video. My question is if you plan on holding, wouldn't a Silver Maple be a better investment than a Silver Eagle due to the lower premium, "Mint-shield" technology to prevent spotting, higher purity as well as the fact that they're pretty much as recognizable in a time of crisis?... Thanks so much.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
I plan on holding and yes - maples are better than Eagles in my opinion - especially for stackers outside the USA. If I was in the USA I may want to have some eagles as they are the most liquid and then have more maples as the core of my stack.
@dsauce223
@dsauce223 4 күн бұрын
@@baldguymoney5568 I appreciate the confirmation. Thank you sir.
@pally867
@pally867 9 күн бұрын
Hope you are moving to cooler climes. It is brutal here in northern MD right now.
@chrisbealey6478
@chrisbealey6478 8 күн бұрын
Congratulations on your future endeavors! If you're ever back in Canada id love to take you gold panning on the Fraser River Yup we still get gold .
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
Sounds like fun!
@chrisbealey6478
@chrisbealey6478 5 күн бұрын
@@baldguymoney5568 Yup 👍 Such a great gold history on the Fraser .
@jacoslapbass691
@jacoslapbass691 8 күн бұрын
Please could you do a video about who manipulates PM prices and how they do it
@baldguymoney5568
@baldguymoney5568 6 күн бұрын
I can consider that.
@SnowyMcSnowface
@SnowyMcSnowface 9 күн бұрын
You did a video awhile ago about converting silver/gold into real estate based on a formula. I was wondering if you could make a similar videos for converting precious metals into S&P 500 shares , if the stock market were to crash. What would be a good exit for metals and entry point for S&P.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
I can consider that! Thanks for wathcing.
@bruce5895
@bruce5895 5 күн бұрын
Yes I see metal prices are starting to go up now, but I also see another reason, I shall explain, Canada, the States and the European Union have all decided not to order any fertiliser from Russia, this means with massive immigration now taking place, that farmers will not have enough fertiliser to grow their crops, meaning their livestock will either have to be sold or starve and in the bigger picture it also means that a massive starvation event is about to take place starting next year, there will be not enough food for everyone to eat, that should also be a factor that puts more of a strain on food prices meaning more inflation, falling currency values and probably higher metals prices to come and there are other factors too that I have not told you, I will save that for one of your up coming video's. People just have no idea of whats coming and I am happy that we both are able to give advance warnings to give the people a heads up of whats to come. Good job, they should call you the genie out of the bottle, keep those video's coming. P.S. I found that another great way to save on food prices is buy at restaurant supply stores, example, I priced out cooked chicken breasts frozen 4oz. pieces packed 40 per box, worked out to 1.37 per piece, in a restaurant setting, your probably looking at 7.50 plus tax for the same thing. Time to stockup before things get out of hand.
@edb3877
@edb3877 Күн бұрын
"People just have no idea of whats coming..." That's right. No one knows or can know the future. Not my rule but it does seem to be a universal rule. Many people are confused by 2D charts with X and Y axes. This gets worse as the number of dimensions increases. A 3D chart with X, Y, and Z axes is usually only understood by those with scientific or engineering training. The future, however, would be described by a chart with a million or so axes and is definitely incomprehensible to us all. So, the best we can do is to spot trends and make the best educated guesses we can about what's coming in the future. Best of luck on this to us all.
@bruce5895
@bruce5895 Күн бұрын
@@edb3877 I live in Canada and I know that we are getting taxed to the hilt as our gov. takes away our wealth, rights, freedoms and quality of life and the people are feeling the pain of a currency losing its value as our gov. finds out new ways to create more inflation keeping prices rising on everything. There is no end to this until this gov. is changed.
@eilambyle
@eilambyle 9 күн бұрын
congratulations on the youtube upgrade and the home !!! and thanks for the great info !
@fransfermont6193
@fransfermont6193 9 күн бұрын
Would you buy gold and silver at these current high prices or is it better to wait and hope for a dip? And what is better to stack gold or silver? Or a bit of both? I find that very hard to choose which PM is better. Silver would fit better with my financial situation, but i somewhat have more confidence in gold, but would not be able to buy more than two 1 oz coins of gold per year. (i have about 400 EURO to spend on PM monthly and i live in The Netherlands) Any advice would be appreciated as i am new to stacking. Nice video sir. 👍👍👍👍👍👍
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Thank you for watching. I always have price targets in place that represent tolerable purchase levels. I never buy into a pump - only on a dip.
@jaytaykowski
@jaytaykowski 8 күн бұрын
I will pay spot price for all tour silver.
@baldguymoney5568
@baldguymoney5568 6 күн бұрын
I will pay spot for yours. Right now.
@davidkrempasky7086
@davidkrempasky7086 9 күн бұрын
I'm a big fan of bald guy, I'm a bald guy also.
@Mr_Carri
@Mr_Carri 6 күн бұрын
Hi, great Chanel & análisis please compare vs Mexico 💥,
@baldguymoney5568
@baldguymoney5568 6 күн бұрын
I can throw in some data for Mexico! Great people!
@blackboy4520
@blackboy4520 8 күн бұрын
Bald guy I have a question how silver is a hedge against inflation but during a recession or depression the price fall ? And what is your opinion on 10k Gold for stacking would u stack that ?
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
Great questions. During recessions, money is printed. This lifts the price of gold and silver as they hold value. As for 10k gold - I don’t like it. Even in jewelry.
@philschiavone101
@philschiavone101 9 күн бұрын
Things are better than ever! For those few elites.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Exactly!
@mitzibutler6415
@mitzibutler6415 8 күн бұрын
🙏
@BryanBonaiuto
@BryanBonaiuto 4 күн бұрын
I LOVE GOLD !!!!🎉
@billysmith6284
@billysmith6284 9 күн бұрын
People are worried about the overall situation of the world.. that should make gold and silver prices go higher.. other than that they would go down..
@2Eaglez
@2Eaglez 9 күн бұрын
Thanks for eliminating the Hunt Brothers move in the 1980s. I have alway said it was an anomaly that should not be considered in the charts. On mining stocks, have a couple and they are doing good also have some PSLV and CEF which should track the actual precious metals prices. Also holding physical metals at about 15% of net worth.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
100%! Too many people put too much stock in that anomaly.
@cjoe1950
@cjoe1950 9 күн бұрын
Hey that's Sean Evans from the Hot Ones.
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
He looks like me 🤣
@cjoe1950
@cjoe1950 5 күн бұрын
@@baldguymoney5568 Doppelganger
@patchrat1
@patchrat1 8 күн бұрын
My thoughts on $60 dollar silver is what is the value of the dollar to silver a is silver dime would get you a loaf of bread and a quarter would get you a gallon of gas that value holds up today
@user-nr7jm1so5j
@user-nr7jm1so5j 9 күн бұрын
In a word ... No.
@zuke5432
@zuke5432 9 күн бұрын
great video bald guy!
@BertsDad81
@BertsDad81 9 күн бұрын
Congratulations Bald guy ! We enjoy your informative content keep up the good work! Best gold and silver channel on KZbin!
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
Thank you.
@cunning-stunt
@cunning-stunt 8 күн бұрын
The decline in Australian unemployment was because of seasonal holiday workers from other countries and Kiwis leaving NZ for better pay in Australia. The Australians ran advertising targeting NZ health workers, a lot left NZ looking for better pay and working conditions.
@baldguymoney5568
@baldguymoney5568 8 күн бұрын
Great insights!! Thanks for sharing.
@jondoe5536
@jondoe5536 8 күн бұрын
there is only 31600 job adds for all Sydney - seek down from 90,000 12 months ago
@cunning-stunt
@cunning-stunt 21 сағат бұрын
@@jondoe5536 Advertising jobs targeted at NZ workers in Sydney wouldn't make any sense would it. That is why they advertised in NZ not Sydney. Go look into it and how many are leaving for Australia.
@mutantryeff
@mutantryeff 9 күн бұрын
At one time I understood that the amount of gold above ground in ounces is equal to the world's population. Thus, every person should have an ounce for equality. If true, I'd always wondered what that ratio would be for other PMs.
@edb3877
@edb3877 9 күн бұрын
I saw some info on another channel that showed that there are 8 billion people on Earth and only 0.2 oz. of gold above ground per person. Not sure what numbers this was based on but it was likely in the video or somewhere in the comments. Gold ozs. available above ground is a slippery number, as it goes widely unreported due to people and nations not sharing their gold holdings with the public.
@mutantryeff
@mutantryeff 9 күн бұрын
@@edb3877 I just did a search and it is suggested that almost 5.5B oz of gold above ground
@mutantryeff
@mutantryeff 9 күн бұрын
@@edb3877 I was wrong in how I read that 5.5B ounce report. You might be correct.
@tracyallen6722
@tracyallen6722 9 күн бұрын
I can’t buy a damn dip. I was thinking last week I needed to buy.
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
I bought this last dip. 2330 was dip price target.
@skyhighstax
@skyhighstax 9 күн бұрын
@jsg9892
@jsg9892 8 күн бұрын
Gold will be very high in a few years...buy iT
@jessreitmeyer2862
@jessreitmeyer2862 8 күн бұрын
What is your thought on NAK?
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
What is NAK?
@Moh8anzi
@Moh8anzi 8 күн бұрын
Dubai will miss you❤❤❤❤❤
@baldguymoney5568
@baldguymoney5568 6 күн бұрын
Thank you brother. I will go back to visit. To Saudi too.
@Moh8anzi
@Moh8anzi 6 күн бұрын
@@baldguymoney5568 wewaiting for you bro♥️♥️♥️
@user-ru9nl5wr7i
@user-ru9nl5wr7i 9 күн бұрын
👍🏾
@alexjimenez4098
@alexjimenez4098 9 күн бұрын
Bring back “I’m bald guy, let’s talk money” intro
@baldguymoney5568
@baldguymoney5568 8 күн бұрын
Haha yeah - the good old days 😂
@alexjimenez4098
@alexjimenez4098 7 күн бұрын
@@baldguymoney5568 I liked it🤷🏽‍♂️😅
@youtubesucks2575
@youtubesucks2575 9 күн бұрын
Baldguy, great video thanks for mentioning people like me. I know how to eat right and never waste. Your own health will always be the best investment .This summer so far i added gold and silver to my stack. I follow you for a reason not just to see your awesome art work. Congrats to your success!!!!! See you next week!
@edb3877
@edb3877 9 күн бұрын
Bald Guy: In your comparison of gold vs. the S&P 500 in this video, did that include the dividends from the S&P 500?
@baldguymoney5568
@baldguymoney5568 5 күн бұрын
It did not.
@edb3877
@edb3877 Күн бұрын
@@baldguymoney5568 OK, thanks for the reply and the honest answer. This is why I continue to watch and appreciate your videos. 👍
@vinkosmoje2330
@vinkosmoje2330 9 күн бұрын
Hello bald guy,. In my country, the tax on silver is 22%, but buying and selling gold is tax-free. Does it make sense to invest in silver? Thanks for your opinion. Greetings Vinko
@baldguymoney5568
@baldguymoney5568 9 күн бұрын
If you can get gold tax-free, then it’s best to focus on gold and maybe build a small silver position. That’s what I would do.
@vinkosmoje2330
@vinkosmoje2330 9 күн бұрын
Thx
@edwardtucker8219
@edwardtucker8219 8 күн бұрын
I will guess the new location will be Poland - Chesh (phonetic spelling). I might be wrong, though, as they are part of the European Union and I do not think you want to live under their thumb, since you already left Canada for similar reasons. My second guess is Serbia, as that is not EU and stays out of everyone else's business. Last guess is somewhere in a BRICS nation. Anyway, thanks, Roger, and have a great new week, and a safe journey to the undisclosed location, My Spy!
@baldguymoney5568
@baldguymoney5568 6 күн бұрын
Hey Ed! Thanks for your kind words. I am in fact back in Poland. I enjoy life here and that's important for me. I am not interested in living in a BRICS country. Brazil might be nice, but not under their radical left-wing government.
Wait For This Before Selling Your Gold & Silver!
17:26
Bald Guy Money
Рет қаралды 46 М.
Does size matter? BEACH EDITION
00:32
Mini Katana
Рет қаралды 18 МЛН
Heartwarming moment as priest rescues ceremony with kindness #shorts
00:33
Fabiosa Best Lifehacks
Рет қаралды 8 МЛН
That's how money comes into our family
00:14
Mamasoboliha
Рет қаралды 11 МЛН
Scary Teacher 3D Nick Troll Squid Game in Brush Teeth White or Black Challenge #shorts
00:47
Bloomberg Surveillance 05/22/2024
2:27:55
Bloomberg Television
Рет қаралды 21 М.
Silver Price Surge Above $30 Signals a Major Shift - Bill Baruch
19:04
This is Not a Soft Landing
9:54
APMEX
Рет қаралды 20 М.
E366 Navigating the Bible: Revelation
43:52
Saddleback Church
Рет қаралды 73 М.
Gold & Silver In A 2008-Style Crash - Banks May Manipulate Prices Up!
46:21
Does size matter? BEACH EDITION
00:32
Mini Katana
Рет қаралды 18 МЛН