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Yes please. I would like to see a silver analysis! There was a video by another youtuber who analyzed correlation of S&P500 index vs different assets, i.e. stocks, corporate bonds, T bills, BTC and precious metals. Turned out that BTC is positively correlated with S&P
My friend, I really enjoy your videos started watching them about 3 or 4 months ago. I'm 77 years of age started saving my money and bought 10 ounces of gold and I own 5 tubes of silver that's all I can afford. Low income but I made it work for me. It was tuff but I made it happen. In good health me and my dog. Cannot afford much else because of inflation, looking forward watching your videos. God bless to you and your audience. These are tuff times for most of us.✌😊
10 ounces of gold and 100-120 ounces of silver is tremendously good, whatever income! A $25,000+ hard savings account is nothing to sneer at. Very few people have that worldwide.
Thanks Bald Guy Money for another outstanding video! The information you professionally provide is much more detailed, informative, and unbiased than what the mainstream media provides! Thanks again and God bless you!
If you wait for a crash then you'll be competing against all the panicking normies trying to buy in to escape the crash, good luck finding any metal at that point. The time to prepare is before you have to.
Look back at the 2008 crash and you'll see it's a small window of opportunity (measured in days) before the rebound and rise up in metals occurs. The experienced buyers in the space are absolutely holding cash to take advantage when the crash happens. The on-line dealers have a strong supply of inventory as sales have decline since late 2023. If the economy crashed tomorrow and metals plunged along with every other asset, there's no chance all the metals would be bought up to the point you couldn't find any. You're kidding yourself you if believe that.
@anthonyg.3503 Crash in price for a few days maybe... but the premiums will be high to counter the price. You think the Bullion Dealers won't know what's going on 😂
I can yell from my experience then, the first 3 months after the prices dropped, not only could you not get the metals at the spot price (premiums went off the hook) it was very difficult to find places selling them except in larger increments. Everything at an ounce and below was very limited and cost spot plus 15 to 20 percent. Some places it was as high as 30%. It wasn't until march/April 2009 that I could get an oz at around 10 to 12% over spot. Silver was worse than that. I think the response this time is going to be even worse.
Gold is likely that for most people even now. How many "average" work-a-day people do you know that can drop 200+ on even the smallest fraction of Gold on the regular?
Why would they become unobtanium?? These metals are found in nature and several million ounces are being yearly extracted and added to the worldwide stock of gold and silver
@@CablelibThey are not “found in nature” in the sense of trees, cows, grains, etc. …which are renewable resources. You cannot ‘grow’ or ‘raise’ more silver. It is a limited resource that is being continually depleted. While an ounce of silver still technically exists that was used in a warhead to blast “the enemy”, it becomes realistically nonexistent because it has now become unrecoverable. Each year silver becomes scarcer and the “easy to find veins” are not there like they once were. When the cost to mine them at current prices becomes unprofitable, the mining has to stop from a real world perspective. The scramble for what is available will result in empty shelves, hoarding, prices going parabolic, etc. You’d find it easier to find the “can’t find toy of the year” at Christmas (think cabbage patch dolls years ago) than to find a willing seller of silver at any sub-$50 price (just a randomly selected price). Unaffordable first, (feasibly) unobtainable afterward.
Thanks Bald Guy, I really appreciate the sensible and calm analysts you do, there are so many others out there who spout out incredible and seriously unrealistic forecasts/warnings. I've become a regular buyer/stacker of 50g gold bars, for the loooong term, and only started around a year ago. Since I got into it, the rollercoaster nearly wrecked my nerves, but seeing your commentary really calmed me. Thanks again.
Cheers! I’ve been at it for 16 years. I have lived around the world and have been conditioned to remain calm in uncertain times. Thank you so much for watching.
Please do it. You are the best out there. The metals, especially silver, needs a public spokesman exactly like you. Please, Stay front and center. Thank you for all you do.
🦍Silver too! Yes I would love to see do this analysis with silver because I've heard this numerous times and I've actually experienced that after his COVID I could not find any silver for 11 12 13 really anything under 20 everybody wanted 20 bucks even though the spot price was low. It was like the people that had it knew what it was It was worth and it wasn't the spot price. Thank you for posting great video as always 👍
GREAT video BGM! I myself would love to see you do the charts for silver over the last 15 years or so. Really enjoy your thought out, educational videos on the metals markets and performance BGM and look forward to the next. Have a great weekend!
Of course we'd love to see your take on the silver prices holding their value. It's pretty much a given though seeing a silver coin that was produced 2000 years ago still holds up as having the same "buying power" to this very day. History tells us the answer to that question.
An analysis of both silver and stock markets would be appreciated. I appreciate your method of delivery of the data and the lack of data manipulation that is done sometimes by other sites.
Great Video BG, as usual...I do appreciate the fact that we are able to get this kind of Info Weeks and sometimes Months ahead of the Curve on Patreon and Discord. I've recouped my Yearly Patreon membership Costs more than 10x with just the early discussions and Alerts on Miners alone not to mention your target Buy alerts for PM's... Keep up the great work, my Net Worth appreciates it. 😁
The Fed is going th have to lower rates, the US government debt is too massive to see rates rise an additional trillion every 100 days. Rates go down and treasury bond rates won't sell so they are going to have to buy them themselves so the "money" for this has to come from somewhere so it's back to QE we go. The can gets kicked a little further down the road but the road is rapidly running out.
@@rodpanhard Unfortunately for the Fed, the US Gov is not helping them tame inflation, rather it insists on making the problem worse via its *massive* spending programs. Somehow, some way, we have GOT to convince those in power in DC that the fate of this nation is at stake and the issue is whether or not they will commit to reducing spending ASAP. If not, then the nation as we now know it is doomed by our own ambivalence. We are fresh out of quick or easy solutions to this massive problem.
When metals take a large dip I'm happy to buy more than normal but waiting for that dip may take longer than you'd think and as the comment mentioned you might not get as good of a deal as you'd hope for. Still, we all hope for them because it's exciting to think you're going to get a great deal. It's funny how the mind plays tricks on you like that. Thanks as always!
Thank you for your thorough assessment of the current market. Really enjoyed your in-depth knowledge and breakdown of what could be realistic expectations for gold. Truly informative. Thanks again for your input, research, and passion. Whenever you have time, I would love a comparison for silver, stocks, real estate, and pretty much any other investment vehicle. Love your channel! It feels real and not overreaching.
@@baldguymoneyofficial then I feel very honored. You are genuinely the only person I trust these days on RU-vid. Your message is clear and consistent, and as it reaches across RU-vid and Patreon you are going to need a whole team! If you already work with a team, please extend my earnest/warmest regards! Have a wonderful day everyone!
Hey Bald Guy, first time commenting but have been watching your videos for quite a while, It would be really cool to see Gold and Silver compared to the DJI. This was a really interesting perspective and I am quite young so even really recent data is nice to me.
Hey BG great video, making me think if I should start buying a bit of gold instead of waiting for a dip. Another note, I just came back from Cuba, all the businesses there will not accept CAD$ or their own currency, or they’ll rip you off if they accept their own. Everything is priced in US$ and Euros are accepted at par. They say the Canadian dollar is worthless to them, $1 = .86 pesos and a US $ fetches around 300 pesos.
It also depends on whether you want paper or physical. In the 2020 market drop the premium on physical went way up and more people were trying to buy. Buy now while the premiums are low and then wait for the minimum 4X (for silver), in my opinion. Please review the silver expectation. Thanks
Another good video. I buy gold and silver so I have something to trade with after collapse. The saving aspect is secondary but has become a nice bonus the more I understand the current situation. Another diversification ploy that is underappreciated is gardening. Few people realize how much money can be saved or how beneficial it can be to put some capital and labor into your soil. Gold/silver is just part of my approach.
Did you know?... You can actually use lead as a protective coating FOR gold and silver...if you add it to something called 'a gun'. Ain't chemistry great 😂 ✝️
I am all in on Gold, silver in UK is a dead dodo due to 20% VAT on ALL transactions, have only lost value on British silver over past 17 years, never yet made a penny, only on Gold, only wish I knew about real money=Gold when I was a kid in the 1950s, would have put every shilling in!!! You people in US are lucky not to have to pay such a premium on silver? You buy at almost spot!! Jammy dodgers
I agree with you: A rate cut is in the cards (and soon!). The swaps spread is screaming 'cut', and Powell is cognizant of this. Wish I could say he's no fool...
Once again this is the best information on the web for the price. I've paid investment people in the past who didn't give me this good of information. Bald Guy is the best gold/silver analyst on YT. Don't have debt, buy on a schedule and chill out. You just can't find better knowledge than this. If you're not paying attention to what he's saying then you are loosing out. B.G. practices what he preaches and he's probably the only one on here who does. He's not pushing, he's not trying to scare anyone and he's not selling anything. His Patreon is even better.
Hello Bald Guy! Yes, please do the silver version of this video. Most people I know stack silver and knowing the data in this area would be helpful. Thanks
Just followed you on Twitter! I’d like to see your analysis High/Low/Avg of Silver. I am stacking both, but at a ratio of 85:1, I am definitely silver heavy. Thanks bald guy!
Thanks for using gold for this video as silver is so heavily manipulated. Harder to manipulate gold as contract prices are more costly and those selling short have a much higher chance of being called due to central bank purchases and the demand in China.
Yes, please do a similar analysis of silver and the stock martlet as well, it would be very helpful. I appreciate all you do and I am in the process of going into a self-directed IRA and am leaving my financial advisor who has made me very little money, even while the stock market has done well.
