Cash vs Silver : Which is Better?

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Im beginning to reevaluate where Im keeping my wealth. I dont trust banks. But I do trust assets I can hold in my hand. Lets talk about it.
#silverstacking #coin #money #preciousmetals #gold
The content provided on this channel, including but not limited to videos, comments, and responses, is for entertainment purposes only. I am not a licensed financial advisor, and the information presented here should not be construed as financial, investment, legal, or any other professional advice. Always do your own research and consult with a qualified financial advisor or professional before making any investment decisions. Investing in precious metals, such as silver, involves risks and may not be suitable for everyone. By watching this content, you agree to hold us harmless from any losses, liabilities, or damages incurred as a result of any investment decision you make based on the information provided.
General subjects covered on this channel : cost of living, finances, debt, saving money, wealth preservation, silver stacking, gold stacking, precious metals, precious metals stacking, silver bullion, gold bullion, bullion, credit card debt, inflation, the dollar losing value, fiat currency, budget, money debt cash, real estate, insurance, how to make money, save, credit card, compound interest

Опубликовано:

11 июл 2024

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Комментарии : 63

@trentsuveges7622 11 дней назад

Ya huh? Buying silver is like a secret protest against fiscal policy

@FourNines-silver 10 дней назад

Shhhhh 😉

@SilverStacker56 11 дней назад

50% of my savings is in cash in a 5% money market acct, 50% is in metals.

@FourNines-silver 11 дней назад

That's an excellent ratio! I'm sure your stack is impressive. Thanks for watching!

@rasbobbo 11 дней назад

I don’t know, buying silver is a hobby for me. I use cash to pay for it & most everything else. I like cash.

@FourNines-silver 11 дней назад

I like cash too. But only as a unit of transaction. Not for a store of value

@mikeoneil5770 11 дней назад

I put at least 90% of my savings in Gold and Silver, so far I’ve never lost a cent, and have actually MADE several thousand dollars in PM’s so far…

@ritchiewalker6194 11 дней назад

whats PM?

@FourNines-silver 10 дней назад

That's gotta be the best feeling ever. You sir are the bank

@FourNines-silver 10 дней назад

PM stands for precious metals

@ownsilver 10 дней назад

I try to buy $300 worth of silver a month been buying silver since 2002 first silver I bought was 100 ounce bars $525 each, middle class buying silver is the achilles heel or kryptonite against banks, in the last five years or so I only have been buying 90% constitutional silver God's money, I hate paper money but we Americans stupidly can't seem to get past using infinite Federal reserve notes, one by one the smart people are catching on and buying precious metals

@FourNines-silver 10 дней назад

In the west people have forgotten what real money is. I think I'm going to make a video about this as well. People need to be reminded where real tangible value is and start converting their fiat to PMs. I bet your stack looks amazing great job sir! Thanks for watching

@veritasfiles 11 дней назад

Simple answer - Yes & No. I keep some savings in a fiat savings account. I keep some savings in an outside of the banking system fiat savings account (i.e. cash on-hand). However, my Silver & Gold savings account are at least 10 times larger than my fiat savings accounts put together, and the lion's share of my discretionary funds go to make that savings account grow faster. If you were to need $5,000 or $10,000 in short order, you don't really want to have to take the time to convert over, so you should have 3 to 6 months worth of living expenses in fiat somewhere. Ideally, at least some part of is it outside of the banking system and in smaller denominations. In our current world, not having most of your savings in Silver and/or Gold is the biggest risk you are taking.

@Immigrationsituation 10 дней назад

Spot on!!!

@FourNines-silver 10 дней назад

I agree! I have enough toilet paper money for bills and emergencies. The rest is being converted to God's money!

@jamierobinson2466 10 дней назад

Gold & silver = real money

@FourNines-silver 10 дней назад

That's the truth!

@magicman9321 11 дней назад

Very good video. Its true storing wealth in precious metal that you have access to is a very smart move.

@FourNines-silver 11 дней назад

If you don't hold it you don't own it! Thank you for watching!

@LegacyStacker День назад

Hi 4NinesFine! I just subscribed to your channel! Nice Video Content! 😎🏆

@FourNines-silver День назад

@legacystacker thankyou so much! I'll have to check your channel out today! You guys are turning into my extended youtube family its so cool to see

@pepleatherlab3872 10 дней назад

Price of silver in 2000: $10/oz. Price of silver today: $30/oz. 300 % increase. Twenty year value degradation of the USD: 40% (2% inflation every year for twenty years.) I really don't understand why anyone saves cash in a bank. If your interest rate isn't 300%,..you're not even breaking even with inflation.

@FourNines-silver 10 дней назад

We are brainwashed. The banks want the wealth in their vaults instead of American homes. When hyperinflation begins and the switch to digital currency comes, a lot of people are going to lose a lot of money during that transition. Be the bank. Thanks for watching!

@duanelinquist4244 11 дней назад

Real money or fake? No counter party risk with real....

@ewliang 11 дней назад

My goal is to aim for a 1-10% of my net worth to be BU precious metals (gold/silver mix --- not sure of ratio for now) as a hedge against the existence of fiat currency themselves rather than as a vehicle of flipping or liquidating it for whatever expense in the future (if needed) --- while praying and hoping that the government doesn't do something similar to the Gold Reserve Act in the future, haha. 😅 Similar proportion with Crypto, but not a huge focus for me for the time being with prices so high right now. I stash cash in a HYSA to print off the APY to build the down payment for future home. Enough in my checking to pay the bills, expenses, etc. Of course, I'm investing cash too into stocks whenever I see a deal(s). That Lunar dragon you got there, very nice. How many oz?

@FourNines-silver 11 дней назад

That's an excellent way to allocate wealth my friend! I consistently invest into the s&p 500 (not so much recently because silver has been eating into my budget lol). In regards to precious metals I'm buying and holding. I have zero intention of selling for the next several decades and I will use the metals as a backup plan if I ever run into any hardships. The perth mint lunar dragon is 5 oz and the best place to purchase one is probably bullionexchanges.com. that's the cheapest site I have found for this specific piece and it's a very proud part of my collection. Keep stacking and thanks for watching!

@motobator1895 9 дней назад

Great vid BUT I respectfully disagree on the emergency fund; I believe it should be physically held due to hacks & outages.

@FourNines-silver 9 дней назад

That's even better! Cash on hand for an emergency fund cant be beat! Thanks for watching!

@MegaCbcbcb 9 дней назад

Your doing great, you still got more metal than 95% of ppl and being canadian , you guys have so many advantages with lcs and shops, us in Canada don't got, that my 2 cents

@FourNines-silver 9 дней назад

Thankyou very much! I wish someone would have made me aware of stacking years ago. I feel like Im playing catch up. Better late than never. Thanks for watching and stay safe!

@bellowsforge9726 10 дней назад

I’ve always wondered how difficult it would be to sell silver in a SHTF situation if the local coin shops would be inundated and unable to handle the volume of people who need the cash ASAP? I guess that’s why having Junk silver for bartering is also important for just in case things get crazy…. Bottom line is that we need more Local coin shops due to the increased volume of people Stacking Precious Metals nowadays

@FourNines-silver 10 дней назад

My goal in all of this is to spread the word about silver and gold in general. If precious metals were a common theme in western society the way they used to be then we wouldn't need coin shops. I could go to my neighbor that has supplies and hand him a few ounces and we would already have an understanding as to how much the coins are worth. Americans have forgotten what real money is and if we all knew about it things like shtf would be a lot less complicated in regards to transactions. Thanks for watching Forge!

@julieferguson9986 10 дней назад

The only way fiat currency has value is trust in the issuer. If trust is lost in the issuer then its value is diminished. Inflation, debt and financial mismanagement such as excess printing of money can make fiat money worth less until it is worthless.

@FourNines-silver 10 дней назад

The American people have been losing confidence in the government since before the Vietnam War. And now we are really experiencing the effects of an untrustworthy government

@funstuf86 10 дней назад

If you ever needed currency for your gold and silver you do not need to go to a coin shop. You can go to Gun stores and banks, the banks you could take out a loan with your gold and silver the bare minimum is between 1,000 to 5,000 depending on the bank. With the gun stores they will pay scrap price for sliver and gold. Another thing you can do with the gold or silver depending if your rent is from a corporation gold silver will not help you. But privately owned buildings would take gold and silver because they could cash it out or hold on to it until as collateral to pay them back in cash.

@Immigrationsituation 10 дней назад

Taking bank loan against your silver?? Hahhahahaha awesome advice. And try giving my pvt landlord silver to hold onto. I think your just putting random words into a chat bot and what you typed was what was spit out.

@MegaCbcbcb 9 дней назад

Just buy pamp kg, if you converting like 200 oz plus or 3 oz of gold

@FourNines-silver 9 дней назад

I'd love to have a kilo. Gotta get a few tubes filled first though

@tlflora 8 дней назад

i have some of each

@FourNines-silver 8 дней назад

diversification cant be beat!

@shubbz87 День назад

Shhh my wife doesn't know im saving one ounce silver kangaroos 😂 at least she will be angry and happy when i die.🎉🎉

@FourNines-silver День назад

Its a secret but a wealthy secret lol. keep secretly stackin!!!

@MegaCbcbcb 9 дней назад

I love 20 franc roosters, paying import fees suck, but so is Canada, if you want low price gold , Apmex has 10$ markup on that, can give that a look

@FourNines-silver 9 дней назад

Whenever I do purchase my gold I'm most likely going to do it at a shop. Even if there's a better deal online. Privacy is worth a lot!

@shanethrelfall416 10 дней назад

3-6 months is pretty much the same as what I was advised when I started stacking At the time I didn’t see the point in having that much in savings put aside but it’s definitely the right thing to do

@FourNines-silver 10 дней назад

Yes sir. One car problem and a week out of work from a bad sickness in the same month can do a ton of financial damage. It's worth it to have that cash on hand!

@cdmorrissy3692 10 дней назад

I have 1,495 ozs. of Silver, mostly 90% US coins, and 26 - 1 oz. Gold Sovereigns. I have the rest of my cash in 4 week T Bills and a cash stash.

@FourNines-silver 10 дней назад

Good lord you are ahead of the curve sir. I bet that's a beautiful stack. Keep it up thanks for watching!

@trentsuveges7622 11 дней назад

Right now the biggest risk to My savings is if we get another 100% inflation in the next 4 years when our government prints their way out of it. I stacked silver 9 months when it was cheap, now before EYO I’m stacking the gold, as I think EOY is a good timeframe because they’re going to do everything possible to keep the economy going until the election

@FourNines-silver 10 дней назад

That's a solid way to do it! Times are way to uncertain to put any trust into fiat

@corporatemcmahon2815 4 дня назад

What is your take on Bitcoin? Crypto OG hete since 2016.

@FourNines-silver 4 дня назад

@corporatemcmahon2815 I like bitcoin. I'd like it more if I could hold it in my hand

@corporatemcmahon2815 4 дня назад

@@FourNines-silver I will sell mine soon. Too much stress. I will buy more silver and gold with that brother.

@FourNines-silver 4 дня назад

@corporatemcmahon2815 I've still got some crypto and I'm sick of holding it. The next bull run we have I'm getting rid of all of it

@corporatemcmahon2815 4 дня назад

@FourNines-silver same here brother. 2016 class. ICOs, Bitconnect, 2021 winning etc. I had them all. I have BTC, B Cash, digubyte and Pepe. Alts lost 50 percent. It makes me sick to the stomach. Once we have a bull we sell. I guess now in the summer, it is boring. Elections and September crypto will go up. That's where I will sell 100 percent. Thank god I have bought gold and silver before. Thanks man.

@FourNines-silver 4 дня назад

@corporatemcmahon2815 that's right. It'll go up in September October November and then if there are rate cuts on top of that it will push crypto even higher. And when it does I'm selling and never coming back.