Does It Still Make Sense To Buy Gold & Silver? This Is What The Numbers Say

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Join the Bald Guy Money Patreon Community for great additional content: patreon.com/us...
Link to my free article about how to time your gold & silver sales:
www.summitmeta...
Link to the 1g Scottsdale Mint Gold Bar:
www.summitmeta...
In this video:
- I discuss an amazing milestone that Gold & Silver are quickly approaching.
- I talk about global debt and what it may mean for Gold, Silver, and inflation in the future.
- I show you all just how high Gold & Silver can go in price based on the last 2 bull market blow-off tops.
- I show you the maximum pullback level for Gold & Silver after their next big moves up in price to determine whether we are closer to the low price or the high price.
- I answer a viewer question on the merits of keeping cash in a 5% savings account vs. keeping it in Gold & Silver
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 DATA SOURCES BELOW:
Gold Price Data
www.tradingvie...
www.macrotrend...
Silver Price Data
www.tradingvie...
www.macrotrend...
S&P 500 Data
www.macrotrend...
www.tradingvie...
Debt Data & Images
www.visualcapi...
www.unctad.org...
Top Assets By Market Cap Data
www.companiesm...
Zimbabwe Gold Backed Currency Story
www.bbc.com/ne...
Fed Funds Rate Data
www.fred.stlou...
2is1 Video Referenced in this video (check it out - he's a great RU-vidr):
• CRAZY Price Target For...
#silver #silverprice #goldprice

Опубликовано:

29 сен 2024

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Комментарии : 456

@baldguymoneyofficial 22 часа назад

Join the Bald Guy Money Patreon Community for great additional content: patreon.com/user?u=85209064 Link to my free article about how to time your gold & silver sales: www.summitmetals.com/blogs/guides-and-tips/when-is-the-best-time-to-sell-your-silver-gold

@JimCollins-h2u 51 минуту назад

Agree. Very likely we r headed for a decade long bear market in all western assets. It will be a period of geopolitical n currency changes. Within US this is the chance to do the long-needed economic n social n government reforms. If we succeed, US will be on a long-term sustainable growth path in a decade. But we must take the pain 1st n do the adjustments. From investing pov, sell all US, european equities n bonds. Go long Gold and Crypto. Go long emerging market trade........ I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

@EricBell-im9rb 42 минуты назад

Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate

@RichieMerrick-s5v 41 минуту назад

This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

@RobertoArienzo-b6e 30 минут назад

The internet is filled. with so many useful information. about Adriana Jensen.

@ScottHerzog-S.r 26 минут назад

Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!

@ErikaOrenday-k4d 24 минуты назад

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

@BradLewis-l3z 22 часа назад

It's Bald Guy Money good Morning Brother hope you're doing well today and everyone else here have a great day all😊

@garryallison4716 21 час назад

Gold is money. They’ve swapped it for paper and created debt slaves

@edb3877 14 часов назад

A lot of "debt slaves" have helped with that by borrowing more than they can afford to repay. Makes me sick to watch a TV commercial where people are giddy about their credit score rising when their incomes are not. "Oh, goody! We can borrow even more money! Yea!" Sickening, yet they are doing this to themselves. Even worse, these same people then vote into office other people who have no more money sense than they do.

@TheSpuggiehawk 4 часа назад

@@edb3877 The gullible debt slaves can only be that way because the banking overlords lend out more than they can afford. It was bad enough when they could lend out 10 times what they took in, but now some countries don't even require them to have /any/ reserves at all, so they're lending from literally nothing.

@GottaBeThere2736 21 час назад

My goodness, BG. You are so appreciated! 😊

@BradLewis-l3z 22 часа назад

Thanks again Bald Guy Money for the information always appreciate

@neilmackinnon2425 20 часов назад

5 % on bonds does not include the taxes on interest income.

@brandonwampler8267 18 часов назад

11% over spot is absurd fractional or not. Stick it to the little guy. Don't piss down my back and tell me it's raining.

@Popnpoff 16 часов назад

@brandonwampler8267 I believe everyone should own a variety and at 11% it beats most sellers prices

@cvgguy98 15 часов назад

They probably bought it at a far cheaper spot price so their profits could easily be 20, 30, 40% but will we ever see those savings passed on?

@oledog8391 14 часов назад

@@Popnpoff If your thinking gram Au, then Ag 90% is a better buy, and more useful.

@SatelliteEngineer 18 часов назад

I don't stack for investment. I stack for insurance! You don't need to convince me. The world is a different place than it was 20 years ago.

@johncusack2384 18 часов назад

I like the thought of silver and gold being insurance rather than investment.

@ImGlyn 22 часа назад

Thank you from Australia Mr. BG. I've been following you for a long while now & so glad that I took your advice to get on a purchase plan. I have been buying 1g/week for the last couple of years - so grateful for the security I now enjoy. Thanks again Mr. BG 👍

@JM-qy9dm 21 час назад

Man, what a great explanation of cash savings versus gold and silver. It’s always tempting to put my money into a guaranteed income producing CD.. After watching this video I feel much better for avoiding cash savings and staying on my metals purchasing schedule. Love your show man !!!!

@reggie7716 22 часа назад

Gold at $18 trillion. So all the gold in the world, at current dollar valuation, would only be enough to cover half the US debt? That is heart breaking.

@marekkawalec8581 22 часа назад

Even less than a half. The real debt is higher than 35T

@WillMoon 21 час назад

It’s worse than that. The debts around 35 trillion, but we have about 125 trillion in unfunded liabilities as well. Basically not money we owe, but have committed to spend over the coming years. The people acting like it’s not a big deal won’t be alive to see the consequences of it.

@robertrichards4930 21 час назад

There is way more gold than you think and WAY less silver.

@Annie-wf4um 21 час назад

@@marekkawalec8581300 trillion debt in total in USA, dont add derivatives cause its in the quadrillion!!!

@viennaweiss8470 19 часов назад

and that's just the Federal debt, not State or County, or City, or Local.

@2is1gold 22 часа назад

Good stuff again. ✊

@JasonDeville-fi4dh 21 час назад

Brother full gold stack video soon plz at least do at end of year.

@TwitchRadio 21 час назад

Good is understatement... Lol.. Best explanation on RU-vid, nothing personal to your channel though...( he articulates just a bit better) 😋👍.. Hope you are well 2is1, look forward to seeing your new videos 😎✌️ #DCAandCHILL

@ALEXH386 14 часов назад

He made a good point on the silver Denarus! Silver standards before 1850 is far more relevant than gold historically. The word for money in most languages is “silver” like in French (l’argent) and Hebrew (silver shekel / dinar) and Italian “il denaru and Arabic Dinar (silver) and Dirhams (gold)

@jaydemay7 21 час назад

Again. I concur 100%! You may remember that I commented in a video you did about 3 weeks ago, in honor of that video, I purchased 1 oz of gold. A beautiful US Buffalo at that. As I've said previously as well, I have an 1884 20 dollar gold coin that I use to make the point about PM. I own no stocks at all. For the naysayers, I have been following you for well over a year and can say without hesitation that your analysis and predictions have been spot on. Far beyond the accuracy of other RU-vidrs! Thanks again for the time and thoughtful effort you put into every video!

@Woof728 20 часов назад

I like Bald Guy a lot for financial advise but I love Lynette Zang. Early on, she advised getting out of all fiat currency and put it in gold and silver. I took my money out of mutual funds and an annuity a couple of months ago (wish I had done it sooner!) and bought PM. Gold as gone up $200 in a short time. I'm buying it as wealth protection not to trade it. When the SHTF I'll be able to pay my bills and then some. I'd like to buy more gold but it's too high for me now so I'll wait until it dips then jump in. Don't forget to stock up on food and water. Rough times are coming!

@dannymarlin9150 22 часа назад

Great video as always BG🙂

@baldguymoneyofficial 21 час назад

Thanks!

@Bufford2024 20 часов назад

When the national, bloated, bankrupting debt shrinks ... so will gold. Until then, it is up, up, up .... and away! 😂

@MyThai1612 23 часа назад

Peace and harmony from me, my friends and Thailand to BALD GUY MONEY our gold and silver shining mate✨🌟💫 🫵🏽😁 Have a nice Sunday everyone 😎 and don’t forget to breed your gold like a chicken 😁 It will go up exactly 615% This is the magic number 😉 $16500/oz. is the real and correct price for our precious metal. It has to do with respect. And when BRICS announce coming month what they all have in them safes and CBs. This and next year will get the time of our life! PS: gold is not for buy and sale. gold is for your life to feel save and well. gold has nothing to do with making money. Gold is: lean back and enjoy the show 😉😁 Bald like always a good show ✊🏽

@robertrichards4930 21 час назад

Gold will triple. Silver will 10x.

@Khaos4order 21 час назад

Unrealized gains. Ya, go ahead and buy bonds.

@DaveEPie 21 час назад

Exactly

@edb3877 14 часов назад

I'm waiting for some whistle-blower to let the cat out of the bag by mentioning that Kamala's tax on unrealized gains WILL be applied to the home they think they own. 😠

@Khaos4order 14 часов назад

@@edb3877 property taxes too? Right to fix laws changing to increase job production. Zoning and constructions permits. All businesses will be affected and industrial innovation may haunt without government assistance. This goes along with my thoughts of never being able to place price caps without owning the means of production. Look at the farm land being sold off by generational ownership into large corporate hands, some of which are oversees. You’ll see drastic policy changes in fundamental societal needs. Crops. Lands. Waters. Gas. Minerals. Imagine finding oil in your land. The unrealized gains on that would be innumerable

@Jbedard1963 22 часа назад

My favorite 10:00 am Sunday activity every week ~ BG$$ :)

@baldguymoneyofficial 22 часа назад

That's awesome to hear!

@Woof728 21 час назад

Lynette Zang (she's brilliant!) goes live on Tuesdays at 3PM eastern time. I learned a lot from her!

@amywhite752 18 часов назад

You should go to church. You can see Bald Guy afterwards…

@briengriffin8351 13 часов назад

Just thinking that.@@amywhite752

@baldguymoneyofficial 7 часов назад

You can always go to church at 12.

@bruce5895 21 час назад

I am not going to comment on the price targets that you quoted for your highs, but I will say that I expect metals to continue to go up until they go down, so I will sell some of my silver at the high, hold and buy more Gold at the low when it hits its bottom, I know that I will make a profit on Silver when I sell, now if Gold prices are too high after they bottom out, I will put the extra cash into Art, when the depression hits everyone becomes desperate for cash to by food and pay their bills, so I expect bargain prices on Art and other collectables for sure. Anyway it goes, I win.

@harrybloom9213 21 час назад

Art is a scam.

@CjplusLj 20 часов назад

The wealthy like art and have invested in it for a long time

@bruce5895 19 часов назад

@@harrybloom9213 Is that why someone paid 179.4 million for a Picassco at Auction ? Think of what that would be worth in 10 years, you have no idea of what your talking about.

@RichardWiazardry 16 часов назад

@@harrybloom9213 I an an artist and I am not a scam. When you make bad ass stuff, you deserve to be compensated and people give you back cool stuff. I have put miles of smiles on people’s faces from experiencing my interactive flame effect creatures.

@geralddraper4491 23 часа назад

Makes perfect sense and for *Silver , I touted since 2018 that #Silver for under a $20 💵 bill you can get an ounce of 3 or 4 nines fine , " NOW THAT IS A GIFT! " As well it does to continue to accumulate your savings in *Silver as long as it was under the 1980 ATH it was a no brainer to hold at a discounted & suppressed rate. = Smart 💰 Long term that will allow / afford you choices down the road . Good timing award as many have waited decades, newcomers can bask in the not having to endure such patience or restraint

@Elle20324 21 час назад

The $$$$ will hyperinflate, it's just a matter of time. Which means Gold, Silver, and Bitcoin will take off.

@lamarravery4094 19 часов назад

Bitcoin? Wtf is that? 🤣🤣🤣

@nobodycares9494 18 часов назад

Ah, it might take off, but then a quantum computer will break all the security privacy codes, and AI will steal all the money for its masters. It's in the system. The system has been designed with the back door out. Many departments of gov. worked on the protocol. However, it will not happen before the CBDC is fully implemented, as crypto was designed as a training tool for blockchain. So, enjoy the ride.

@edb3877 14 часов назад

@@lamarravery4094 Yet another fiat currency, only digital so you can't hold it in your own hands. And yes, I know all about crypto wallets but I also know that anything online can be hacked, unlike the gold and silver held in our own hands. A massive grid down situation will make a lot of people reconsider the value of holding BTC, etc.

@melodiefirth2224 13 часов назад

They say the C and I and A , put Bitcoin out there 😊 and speaking from experience, if you're platform doesn't want you to cash it in , you won't get it 😢

@maximussilverstacker3928 20 часов назад

My coin dealer said when gold was $2300 if you’re waiting for a pullback don’t wait it’s going to $2500 and she was !! 😮

@rolfholt9684 21 час назад

Looks like the Zig zagged 📉 😂

@baldguymoneyofficial 21 час назад

LOL!!!!! So much for gold backed currencies.

@elam117 18 часов назад

I think gold is right on track and silver is under valued still

@oledog8391 14 часов назад

Gold is way undervalued, but silver is the best investment on the planet right now.

@t-bone7988 13 часов назад

@@oledog8391glad I bought most of my stack last year. Bit more to go now but it sucks to be a buyer right now.

@elam117 12 часов назад

@@oledog8391 it may be undervalued but it’s on a clear trend up. Though on paper silver is going up it’s really not moved with gold at all in reality. Hence gold is on track and silver is not anywhere near it’s true value

@888strummer 20 часов назад

The rate cutting cycle is just begginning and most likely goes for at least a year, so it makes sense to continue adding gold and silver to your portfolio. Gold and silver always rise during rate cutting cycles. The rates are around 5% and probably will be down to 2 1/2% a year from now, so adding what you can afford each week makes sense; while also adding to other holdings or investments. Also; neither candidate is addressing the debt at all and neither seems concerned about the debt. It's the debt rising from $5 trillion in the year 2000; up to $35 trillion+ today that has been one of the main triggers of gold rising from $250/ounce in 2000 up to $2,650/ounce today. And silver rising from $4.50/ounce in 2000 up to $31.50/ounce today. As the debt rises; so do gold and silver in tandem

@Shelley-c1n 20 часов назад

I hope you are right. I also hope I live long enough to see it go that high. This is my 3rd bull run in my lifetime and I have been stacking since 1967. Jim

@DrmCom2003 21 час назад

I started buying more silver this week. I'm not taking any chances. Especially with the upcoming year.

@A_T_O_M_I_C_Rooster 21 час назад

Think again. Gold is where its at. !Remind me 10 years. And dont buy stupid fractional. Buy 1 ounce.

@pally867 20 часов назад

OK deep pockets. 👍

@lifenz1 20 часов назад

Too late

@randywhelchel4674 15 часов назад

More upside to silver

@BradLewis-l3z 22 часа назад

Thanks Bald Guy Money always appreciate you and your videos are very interested and always on top of things Thanks again Brother 😅

@baron6271 21 час назад

As long as the BRICS keep buying, I keep HOARDING. It's that simple.

@Woof728 20 часов назад

As long as billionaires such as Mark Zuckerberg, Jeff Bezos and Warren Buffet sell their stocks and buy lots of gold, I keep buying!

@littleredpony6868 20 часов назад

I haven’t gotten any silver recently, but I’m holding on to what I have

@CjplusLj 20 часов назад

@@Woof728tranny reptiles don’t buy gold

@5785B 17 часов назад

BRICS nations are NOT buying gold. Stop repeating the false narrative from bullion sellers.

@edb3877 14 часов назад

Stacking is NOT hoarding! Hoarding is when people try to take economic advantage of others in the midst of a crisis. Anyone can stack but many people simply choose not to stack. If they are not prepared for economic or financial disaster, it is not that we have caused it by our stacking actions. They have caused it by their lack of foresight.

@bobsilver3983 22 часа назад

Thumbs up for Bald Guy

@berry1669 20 часов назад

do you have a date when Gold will reach $7711, let me know thanks

@inflationmillionaire-df3mn 18 часов назад

nobody knows. but when it reaches 7711 you can bet a loaf of bread will be 10 bucks.

@cjoe1950 15 часов назад

Probably after the next few world wars

@LeonTheLion-777 14 часов назад

dude some bread is already at 8.00 a loaf 😂

@edb3877 14 часов назад

@@LeonTheLion-777 Not to those of us who bake our own! lol

@SJ.77 9 часов назад

@@edb3877 depends what flour you use and how big the loaf is

@DangerClose13E 19 часов назад

I'm looking at the Gold/Silver ratio to decide the peaks. I'm all in on silver but when the G/S gets to 30 or lower, I will trade my silver for gold. I will NEVER accept fiat for my precious metals ever again!

@TwitchRadio 21 час назад

Hey there B. G. money.... Hope you are well.. Thanks for your time and the video as always.. Really helps with my analysis by seeing others perspectives... 😎✌️ #DCAandCHILL

@randywhelchel4674 22 часа назад

Lebanon war kicks this week then we roll into the bricks and that’s been in October and the elections in the chaos following in November wonder if this is the last chance for Silver at these levels when I say last chance like the next two days 🤷‍♂️🤷‍♂️🤷‍♂️

@alextavarez7777 21 час назад

Brics is a non factor, all they do is talk. Remember all the hype last year going into their meeting, & then nothing happened? lol 😂. More of the same this year. Metals will go up naturally not due to countries meeting 🤷‍♂️.

@randywhelchel4674 21 час назад

@@alextavarez7777 past performance is no guarantee of future results ….BRICS WILL start a new currency outside of the dollar be it this year or next year or the year after I tend to think sooner than later they already started testing payment systems outside of the dollar and taking gold as payment for oil PMs don’t move by themselves something drives then maybe 35 trillion in debt but something

@KEG-zf8yp 22 часа назад

How could silver have a 1.7 Trillion dollar market cap almost 1/10 that of gold when the price is 1/80?

@deepakr5148 20 часов назад

Because there is a LOT more silver in existence, then gold.....and that makes up for the price anamoly that u are referring to

@KevinYau-v7i 19 часов назад

@@deepakr5148Bingo 3 gold stars, there approx 10 ounces of silver above ground owned by humans for every ounce of gold.

@KEG-zf8yp 19 часов назад

So they are assuming roughly 6.7 billion ounces of gold and about 56 billion ounce of silver in our entire world or about 8.35x more silver than gold. Seems fair. I’ve heard that due to the usage of silver there is nearly 1/2 the above ground supply of silver versus gold available. Curious if this will ever show up in price?

@martianhammer 20 часов назад

Want to say thanks BG. Been watching your logical, methodical approach videos for a while. Took a loan out from my 401k of $56,000 in August 2020. Bought physical gold and silver. Today, that $56,000 loan that I bought pm's with is now worth over $ 177,000. My 40lk is only worth $159,000 currently and that is with 2/3's of the loan already paid back with extra contributions included! I think that is a great ROI. Thanks to you. Forget the nay sayers. They are bitter and angry they didn't listen to you. They preferred to listen to lamestream media and now have a lame position. Good luck in Poland and please keep us informed with facts. For assuredly the lamestream media will report the feelings.

@donahi9538 20 часов назад

👍🎯

@fragdad 18 часов назад

All the best financial advisor I spoke to last year said put your money into a cash ISA. So I did. I cashed it out this year with less than £3000 return. Had I put the same money into gold I would have walk away with nearly £13,000. Now I am in Gold and have increased my wealth by over £1,000 in 1st month. Tax free in both cases btw. It blows my mind not one of those advisors mentioned gold???

@baldguymoneyofficial 18 часов назад

Because they can’t sell it to you… it’s scandalous.

@fragdad 16 часов назад

@@baldguymoneyofficial or is it there are no commissions?

@martinlord8837 15 часов назад

@@fragdad Advisors make no money off physical gold you own, but if you buy them via an ETF they still make some money off that.

@TheSpuggiehawk 4 часа назад

I'm sure that it's not just that they can't make money off of gold. They've been trained by organisations that can't make money from gold, so some of them have either been told to discourage the idea, or genuinely don't understand it. it's a bad state of affairs though and one that will bite people down the line. I hope you've put your £3000 return into precious metals now.

@fragdad 2 часа назад

I have and all the rest too.

@A_T_O_M_I_C_Rooster 21 час назад

This is my favorite precious metals dude.

@Woof728 20 часов назад

Lynette Zang is really great too. I learned a lot! She's spent years on Wall Street and in finance in general and knows a lot! She advises to get out of all fiat currency and put it in gold and silver which hold their value as Bald Guy mentioned. Do it to protect your assets.

@eugeniocarey9249 16 часов назад

It would be interesting to see the above-ground supply vs demand numbers for silver during the previous two bull runs, 1979 & 2011, and see how projected numbers for that in the current bull run over the next few years compare. WHY did silver get clobbered almost immediately after hitting the highs last two times around? Because the COUNTERFEITERS at the Federal Reserve didn't want physical competition to their FRNotes, and there was plenty physical supply plus futures shorting to dump on the market....If Trump comes in and essentially demolishes the Federal Reserve (makes it a part of the US Treasury under control of the Congress, as it should be) then the forces that clobbered silver the last two bull runs will no longer exist.......

@shiva49 16 часов назад

What cash savers don’t understand is that their 5% return is eaten away, every year, by a ‘real’ inflation rate of 15-17% according to how CPI was measured in 1980. So, he’s losing 10-12% on his cash return every year. That doesn’t happen with gold. If he had one million dollars in cash ,a year later, he’d still have a million dollars but it would only be worth $850,000 in purchasing power. A million dollars worth of gold though, a year later, would still have a purchasing power of one million dollars.

@harrybloom9213 21 час назад

The precious metal market is highly manipulated. So, when the banks fail, Gold and more specifically Silver will go straight to the Moon.

@Tomerus_NL 19 часов назад

Please never leave RU-vid.. Everytime I'm having doubt in my stacking journey you reassure me in saying all is well, sure there will be bumps on the road but in the end you made a wise decision. That can be hard when no one in your family/ friends circle and even wife for that matter fully understands what you are doing. But they do put their trust in you. So thank you so much sir!

@jasonslaughter2811 17 часов назад

It’s crazy ppl are wearing rubber wedding bands cause they sold it cash for gold

@LeonTheLion-777 14 часов назад

and most are wearing rubber bands because they can’t afford gold

@KEG-zf8yp 9 часов назад

@baldguy Yes, your silver chart is very controversial because the percentages aren’t correct. If something goes from 4.53 to 48.60 that is NOT a 611% gain hence your average percentage is incorrect. I believe that is 973% and the average is 892% which would put a high for silver (based on your logic which I agree with) closer to $126. If I am incorrect please let me know. Thanks

@JamesKrawl 19 часов назад

BG....Another superb, fact-based video. As a 20 year stacker, I am very skeptical that a major pull back will occur, given the current geopolitical turmoil, and total fiscal irresponsibility. I continue to stack on a weekly basis, doubling up on my purchases when the 1-2% dips occur.

@oledog8391 17 часов назад

Yep, i totally relate to that. I continued through 2011 as well.

@kevinw9073 13 часов назад

Interesting "numbers" and good perspective as always. 5%?? LOL. Don't forget paying tax!! I can sell gold and silver and avoid the paper trail. I am "shaking my head" on this complaint from the viewer. These are the type of investor that are better off NOT buying metals. Keep up the goof fight!

@rickengman 21 час назад

Great Video BG, Thanks for all you do here and on Patreon.

@tuhingatoha1134 14 часов назад

Preferring 5% return on cash over either of the precious metals is clear evidence of how someone with restricted thinking thinks. It is why their wealth creation is so limited. And this is without comparing the 5% nominal with the 5% REAL....

@MatthewCrustlife 17 часов назад

Cash is king. Buy bonds! Save the dollar! Jerome Powell is god

@baldguymoneyofficial 17 часов назад

Hahahaha! Hey Matt! Missed you in the live chat brother.

@joerock1736 20 часов назад

These are both new bottoms. People are going to be surprised how fast gold hits 3000$ oz silver over 35$ oz or higher by the end of physical year end.

@stevenrowlandson9650 14 часов назад

Gold and Silver have not yet begun to rise to an exchange rate that would allow gold and silver to serve as collateral for global debt or the currencies that represent that debt. It isn't even close.

@SJ.77 9 часов назад

when they implement the MOB gold and silver will be worthless

@Ungovernable74 21 час назад

Don't be a Steve. 😂

@baldguymoneyofficial 21 час назад

I'm sure he's a nice guy - but he's way off on the 5%.

@yassma977 21 час назад

18T whitout etf and all gold's papers or fake backed currencies !!!

@KansasRocker 22 часа назад

It's sounds like Steve is a big fan of "return free risk" as Rick Rule always says. 😂

@213thAIB 21 час назад

Oh God. Rick Rule. Another snake oil salesman. 👎🏻

@jasenjones6963 22 часа назад

I’ll get my first piece of gold when the ratio of gold to silver get to 1:20

@DACNY 21 час назад

1:50 is considered Buy only Gold

@Woof728 20 часов назад

Buy it before the SHTF!!

@CjplusLj 20 часов назад

You may be waiting a long time

@OurHeroXero 12 часов назад

Assuming it reaches that ratio. Gold may not be easy to come by at such a time.

@boonnathan9827 6 часов назад

Well you’ve already missed the boat. The best time to plant a tree is 10 yrs ago !

@normanching4839 20 часов назад

HOLD.........

@Silvercrypto-xk4zy 19 часов назад

Steve is following the “wisdom” of Dave Ramsey and those like him

@SupplementalDinner-zs4np 22 часа назад

Question: how well do you think precious metals will hold up in a Harris presidency? This includes the possibility of an unrealized capital gains tax. Always love your videos and always grateful.

@DaveEPie 21 час назад

Gold will do very good- she would start weaponizing the USD just like Biden- The WAR in the Middle East is just starting- And her unrealized gains and tax schemes would create a huge stock market crash, according to John Paulson. Better hedge with gold in case they select her.

@LAStreetPreacher 15 часов назад

Too much cash in the bank is a losing proposition because of inflation. Gold and Silver are up over 30% in the last 12 months which far exceeds the interest banks are paying. Keep only enough money in the banks to pay your bills. Get out of fiat paper and into real money Gold and Silver!

@ajpope2010 14 часов назад

As much as this dude is right and as much as some of the crypto influencers are right, THEY ALL end up trying to sell you some of the worst products so that they can get paid for shilling. Fractional metal IS THE WORST DEAL for the buyer and so is "Numismatic" coinage. Yall shop around and you will see what im talking about. The most weight for the least amount of dollars is the goal almost 100% of the time. Dont fall for the "Buy at ONLY 11% over spot and it even comes in this neat little book" 😵‍💫😵‍💫😵‍💫 LOL.

@pally867 20 часов назад

What is that saying about gold for kings and silver for the common man again? I am a very common man.

@baldguymoneyofficial 20 часов назад

Elevate yourself with a little gold?

@charleswright5989 16 часов назад

The worlds debt is 500 trillion. With only 4 billion oz of silver . And 2.5 billion oz of gold , above ground. Now how much is your gold and silver worth, also the ratio. 4 to 2.5, billion oz . Makes gold and silver 2 to 1 ratio. Keep up the good work , I like your show.

@Silvercohort 10 часов назад

Gold and silver will drop along with everything else once the bubble burst. People will liquidate their metal positions to cover their leverage in the stock market. That’s when you should be buying. 😊

@thomaschew2191 17 часов назад

Pay off debt, establish an emergency fund, start investing using a 401K or taxable brokerage account or better yet, both. Then start stacking metals. Buy silver on a regular schedule say once a month. Buy gold whenever you are able. Spend less than you make and spend little to nothing on things you don't need.

@emills1417 17 часов назад

5% return on my money locked up is not worth my time. Unless you're ultra rich and have barrels of extra money collecting dust, the average person could put their money in much better investments. I'm not talking stocks.

@simplewelshman 21 час назад

I think it is the geopolitical risk, war in the middle east, that is driving the gold price.

@Woof728 20 часов назад

Not really. After the Fed lowered the interest rate PM's are climbing! Billionaires such as Mark Zuckerberg, Warren Buffet and Jeff Bezos have been selling their stocks off for months and buying a ton of gold. Do you think they know something that we don't know? Central banks (including ours) have also been buying up gold for months. They're doing it because they all know our economies are going to crash. That's why it's best to take your money out of the bank. Don't assume that the FDIC will cover any of your loses - they're sorely underfunded so you'll get peanuts on the dollar or nothing.

@Bobbydazzlla 18 часов назад

It is also the hedging values of silver and gold that gives you an edge over the banking sector if you don't want to put all your eggs into the fiat currency basket. Gold and silver are separate from the whole banking sector and off radar (in Australia anyway) when it comes to government CGT etc when dealing in physical amounts over the counter.

@adamadam-fo8mp 18 часов назад

Bet Steve morosely 6518 is absolutely spewing now this year 😂 only 26% down on you fiat toilet paper fiat 😂

@TheQuickSilver101 20 часов назад

It's funny, I had someone in the comments section of a video tell me recently that you're as good off with money in a savings account as you are with gold. I'm not sure why some folks think this but it does appear to be an opinion that's out there. I appreciate the common sense logical approach to metals as always

@donahi9538 19 часов назад

No surprise there, he's one of the 🐑once they wake up they'll be crying & a whining🙄Common sense rules! Peace out ✌🙏

@Cthulhu93 19 часов назад

Well obviously that person doesn't know what they're talking about. I put my savings into Silver back in March and am waaaay ahead of where I'd been keeping it in the bank. Gold would've been even better.

@americafirst8201 18 часов назад

Dollar ounce ratio is irrelevant. Id never sell my silver for $114.00 when that day comes

@joeyboedeker2047 21 час назад

Ignore the negative. I care about having hard assets to pass down

@Woof728 20 часов назад

When the economy crashes you'll need it to survive, pay your bills and expenses!

@chrispolomack9249 10 часов назад

The guy that criticise don't understand inflation who is eating faster that your gain. He will finish is life with worthless dollars

@paweszczepanikgdapl334 18 часов назад

for sure that is not Silver market capitalisation, that is just how much silver was mined in history, Please correct

@pdel303 15 часов назад

Thank you so much! I especially appreciate the money market comparison.

@shmirie666 10 часов назад

based on those numbers, imagine gold and silver changing to a 10 to 1 ratio 😆

@unclejohnny863 22 часа назад

Yeah, what BG says!😊

@darinmullins4770 20 часов назад

Would be cool to see a 5 gram bald guy gold coin !

@mattmichaels5195 18 часов назад

bald guy silver rounds

@kjfcryptoknight4496 19 часов назад

Everyone is anticipating a stock market/economic collapse. If that happens, I suspect EVERYTHING drops, including metals (if even temporarily). How do you see metals reacting to a likely economic collapse in the near future?

@bruce5895 19 часов назад

down at least 42%

@t-bone7988 13 часов назад

Great video again bald guy… I’m only buying what I can afford right now. Slow and steady like a turtle. My allotted purchases can’t keep up with the rally haha!

@baldguymoneyofficial 7 часов назад

Right on!

@michaelnoeldner379 22 часа назад

your the Man.

@ALEXH386 18 часов назад

Boom such a good point on silver! The silver denarus

@Elle20324 21 час назад

BGM and Andy Schectman provide the best analysis out there. Thank you gentlemen!!!

@Woof728 20 часов назад

I love Lynette Zang! She has a lot of experience in finance, knowledge and explains things clearly. (has some good props!). Early on, she advocated getting out of fiat currency and buy gold and silver to save your assets. That's what I did and I'm grateful! (Like Bald Guy and Andy Schectman too!!) Zang goes live on Tuesdays at 3pm eastern.

@ryanpretchik3431 20 часов назад

"Bald" is insensitive. We are follicly challenged.

@Purrtret_be 4 часа назад

Put my purchases on hold for 30 days and see what gold and silver will do.

@baldguymoneyofficial 2 часа назад

That's ok - I do that sometimes too.

@ShlomoWalfish 21 час назад

nice analysis

@Mythological321 21 час назад

@POP80Y.8 18 часов назад

Thank you Sir, A Gift from the sky! Buy Buy Buy physical, Any fiat left Repeat, You cant print Silver /Gold

@baldguymoneyofficial 18 часов назад

Well said!

@POP80Y.8 18 часов назад

@@baldguymoneyofficial Thank you Sir, 👍

@MMan-yo3ix 21 час назад

Haven't planned it this way but precious metals make up 80% of my savings. Money is not needed right away so I started dollar cost averaging out of metal. Any better suggestions...?

@silverman5707 21 час назад

I don’t see anything wrong with 80% savings in PMs. Sometime the Fed is going to adjust the currency.

@Woof728 20 часов назад

Stock up on food and water. A crash is coming!

@bernulfcorneliustebbe3348 20 часов назад

Hello from Germany As I said, the US national debt is enormous. Things are no better for the euro. I think there will soon be a run on precious metals, including among private individuals. The banks have bought a lot in the last few months and at the same time advised against buying. On the one hand, to be able to keep the price low, but on the other hand, to prevent the currencies from collapsing. That's why it's wise to always do the opposite of the advice from banks/central banks...

@martinlord8837 13 часов назад

@@oledog8391 I believe the exchange changed the rules about margin requirements for silver futures and that forced the Hunt brothers to sell some of their position. Saying the .gov "put them out of business" is misleading. The Hunts were over-extended and got themselves in trouble.

@oledog8391 8 часов назад

@martinlord8837 Oh? The exchange did that without .gov oversight or approval? History is just Fake News in the rear view mirror. The SEC runs the exchanges, or is it the other way around? In truth, far more powerful men run both.

@Razn4 18 часов назад

I appreciate your insights

@maguscrowley4645 21 час назад

If I have money in bank, I spend it. It has taken me 5 years, but I now have 112 ounces of silver and 15.81 grams of gold.

@Woof728 20 часов назад

Don't keep your money In a bank! When the SHTF lots of banks will close and you won't be able to get your money out. Don't think the FDIC will save you - they're sorely underfunded!

@Johnmartins648 20 часов назад

Keep going! You are doing the right thing!

@alenmrdic7576 20 часов назад

What's your home address? I am asking for a friend 😮😮

@Arctic-Mizer 20 часов назад

Way to go. Keep stacking !

@Sleepypiez35 20 часов назад

Keep stacking

@tullebukk 21 час назад

Hair dosent grow on gold. BG you must be made of gold!

@baldguymoneyofficial 21 час назад

Hahaha thank you.

@JasonDeville-fi4dh 21 час назад

It should be 1.gold 2. Nvidia 3. Amazon 4. Google. That's how I think it should rank and apple shouldn't even be top 100.

@JasonDeville-fi4dh 21 час назад

How is apple even popular after Steve died I have no idea. I'm on a 120 dollar phone and I don't even need a phone number just watching RU-vid why are people ranking apple so high? It's gotta fall hard it is matter of time. The value they bring the world is not high, it is not even unique. Google is the internet essentially, apple isn't the phone, apple is just a cellphone maker it could go away and no one would notice. If Nvidia went away you'd notice and if Google went away you'd notice.

@JasonDeville-fi4dh 21 час назад

If Amazon went away it would be a regression of society. But if apple went away nothing would regress.

@Woof728 20 часов назад

Fiat currency will soon be worth nothing when the economy crashes. Toilet paper will have more value. Get your money out of fiat currency and put it in physical gold and silver! Take your cash out of the bank. You'll get peanuts or nothing since the FDIC is sorely underfunded (they won't tell you that though!). According to Lynette Zang, the actual value of the US dollar is 3 cents!

@cheaplaughkennedy2318 18 часов назад

2is1 is a silver basher.

@baldguymoneyofficial 18 часов назад

No he’s not. He has purchased recently. He’s a smart guy - you should give him a chance.

@cheaplaughkennedy2318 18 часов назад

@@baldguymoneyofficial Oh yes he is and I didn’t say he’s not smart. He has mentioned before silver being a less than desirable commodity.

@baldguymoneyofficial Час назад

He leans towards gold - and in terms of currency allocation - the truth is that I do too. He obviously speaks about silver much less though.

@cheaplaughkennedy2318 41 минуту назад

@@baldguymoneyofficial I understand , just doesn’t sit right putting silver in the back seat when silver serves so many purposes in all of or lives everyday, too many to list actually. It’s not always a monetary issue. Both metals are beautiful and beneficial. It really bothers me to see such arrogance and I’m not talking about lack of intelligence or knowledge. It’s the people that make your channel not 2is 1 . Thank you for responding lol

@markgotschall2914 21 час назад

When is it a good time to buy gold? Now is always the best time. Waiting on some checks from my side hustle to come in, buying more gold when they come in. My dollar cost average for my gold is around $950/oz.

@CjplusLj 20 часов назад

Like planting a tree, 2nd best time is today

@Woof728 20 часов назад

On Friday afternoon, gold sold for $2,658/oz. I bought physical gold a couple of months ago and it's already gone up by $200. I didn't buy it to trade and make money, I bought it to protect my assets. Took my money out of mutual funds and annuities and put it in gold. A crash is coming. (Take your money out of the bank!) Now I can sleep at night!. I'd like to buy more physical gold but it's way too high now. As BG (and others) have said there's going to be a dip and then go up again. I'll buy more when it dips!

@markgotschall2914 19 часов назад

@@CjplusLj lol, just planted a tree the other day, someday I can park my butt under it and have some shade.

@TGWRoughneck 2 часа назад

I keep a third of my finances in cds, a third in precious metals and the remainder 3rd in a standard savings account as an emergency

@baldguymoneyofficial Час назад

Great approach! I try to keep around 10% of my net worth in metals at all times.

@TGWRoughneck Час назад

@baldguymoneyofficial I do have a question on your thoughts of my purchasing schedule. My purchasing schedule is $200 a month. Would you find it better to use that $200 a month to buy whatever is best value at the time, or save the $200 a month to the side until it builds up to purchase lower premium metals?

@baldguymoneyofficial 50 минут назад

I think it should be an evolving strategy where you save up when price is high to go for lower premium stuff - and move up purchases on pullbacks. This is what I do.

@Opus4SydneyStrings 6 часов назад

Hi Roger, Thanks so much for the great content! I think it is worth revisiting your projections and adding some reference to the gold/ silver ratio though? Your projections of $7000 and $130 suggest that at the blow off top the g/s ratio will still be at over 60:1 ... whilst also seeming to be a bit nervous about how high (& unlikely) your silver projected target might appear ... I feel that when gold reaches $7000/oz the g/s ratio is almost certain to be 30:1 or less ... giving a projected silver price of certainly more than $230 ... How do you feel? Cheers, Roger.