How Much Gold & Silver To Buy Based On Your Income (Minimum Guide) 

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I have zero faith in the stock market. I’m in for the long haul. All extra money goes to gold and silver.

Any rational plan is better than no plan at all. What has been presented seems reasonable to me.

All future SS payments will be paid, however the purchase value of those payments can not be guaranteed 🙀

Love your channel BG. I just bought Kilos at $1.00 over spot and rounds and 5 oz bars for $1.50 over spot. Few Americans own gold and silver and that is a shame. Currency is just paper with a value we place on it, nothing else. Your channel is a great service for the community. especially if you're older. I keep hearing "dollar cost averaging" is the way to buy PM's. Warren Buffet says "buy when blood is in the streets". That's my phylosophy and it seems to work. The paper market can play around with price all they want until they can't any longer, it's just another worthless derivative that will eventually fail.

I have been saving in gold for 35yrs physical ! 3rd generation jeweler ! Its in my blood ! Silver ,platinum too !

Really enjoy the video, however I think that your recommendations for countries to move to that are a little bit more financially advantageous for westerners was a bit limited but you did have some good countries to suggest. Thailand is an excellent place, along with Vietnam, and several of the Eastern European countries like Poland, we're good suggestions. Some other places that are just as good if not better is columbia, Costa rica, any of the Caribbean islands, bulgaria, serbia, albania, moldova, and portugal.

As unpopular is fiat is I did not start stacking until i had 6 months of living expenses saved. I think this is crucial, to have 3-6 months minumum saved, and sleep better at night having it My current allocation is to maximize my employer match for the retirement plan. I am fortunate, this makes 15% of gross income I think your estimates are close - my goal is 3 oz gold per year for the next 17 years if the body holds up. So thats about 6000 on a 100k salary, so a little loftier savings goal. I am also single so it makes it a bit easier. That would make 60 oz to go with my retirement plan- a nice monthly augmentation for 5 years in my. . . . . golden years That being said, looking back, i do wish my younger self had educated himself earlier about precious metals!

Im investing about 10x those numbers. Only because i just started stacking and have to make up for time lost ;)

Fine update. I have been stacking almost weekly since 2008 with both silver & gold. I stack more gold now that I am retired, and like you I prefer fractional gold because it is more liquid. I have no debt either which helps with my weekly purchases. The most important thing I always tell friends who stack is have a plan and try to buy on the dips if at all possible. I always remind myself them THE DEBT is never going away and will only worsen. Kepp up the good fight!

Allocation between gold and silver can also be looked at like portfolio Allocation. Heavier silver when younger transitioning to gold as you age.

Just from travelling point of view, I recommed Romania: a safe and very beautiful country, with rich history and great people. There you have Carpathian Mountains, Black Sea, historical places to visit, great traditional food and many more. 🙂

Great Video Bald Guy. The situation in the USA is why I invest in PMs. My biggest fear is my head exploding when the social security office tells me I have been a good investor and saved money wisely and will be denied (means-tested) from any SS benefit. However, with the US government using the money printer at will, I need to have some anchor to care for the family. I will work to my last day cleaning toilets if that what it takes to care for my family

I LOVE how you have charts that break things down in an easy to understand manner. I can't do gold, it costs a lot and I live in a state that taxes purchases. So the cost is just too high. I am in the low bracket

I gave a thumbs up 2 seconds after hearing the Trudeau statement.

As we say in the UK BGM, none of us will be even left with a pot to even piss in.....never mind finding any Gold in it!!!

My own country is one of the safest countries in the world if one can afford.. Singapore. I like Thailand, Vietnam as lower cost places.

Great great GREAT information! I’ve stacked silver most of my 10 years but as of the past 3 to 4 years I was picking up 1/10 ounce gold coins until they became too expensive now this year I’m buying mainly quarter ounce gold coins. But I’m still stacking 10 ounce bars and on sale Britannia’s , maples and ASE’s.

Great Vid. as usual BG

Yes Bald Guy I spend 1,875.00 between gold & silver .I filled a monster box of silver now i am only stacking gold fractional,

Greetings BGM Another great video I’m 40% physical gold and silver, I also play the miners and only buy when they go down(which has been a lot lately) Have a peaceful day ☮️

I listened to your video, and looked at your chart, I totally agree with your numbers, thanks for sharing.

I would just like to comment on one country of refuge on your list you mentioned, Australia. You said it's a wealthy country because it's rich in natural resources... well, no, many african countries are "rich" in resources, what sets Australia and Canada apart is its far lower corruption levels it's safety and its reinvestment into its citizens and economy.

I've planned my whole life for it not being available. I've got 6 years and I'm going to take it as soon as possible. The resolution is probably going to increase the age before I even get there.

Excellent analysis.

good morning, I have watched several of your videos, ideal somewhere that the us freezes gold once in a crisis, I don't know if it freezes silver or platinum, please let me know and also please make a video like you do for gold and platinum how much should someone own to be in the 1% 5% 20% thanks

Brother Roger, I became a Patreon supporter because you provide this valuable information to all for free, so poor people can get it, too! My mom was from India, and we had nothing growing up, but so much more than most people around the world (because we were in the USA). I am also a paid supporter because you and Jesse Day - Commodity Culture - are my two favorite sites! I have gone from Kindergarten (in understanding finances) to First Grade - maybe a little further along - due to the two of you. I do have to include Peter Schiff, as he was my first ever subscription on RU-vid, but he is not humble like you and Jesse! LOL

Thank you so very much.

Another great video. Please, please, please can you do another video like todays one but for people based in the UK. As you are aware we pay onto of premiums 20% VAT (tax) on silver (not gold). So silver is expensive for us and as soon as we purchase it, we are at a loss of 50% + off the bat. A lot of people in the UK only stack gold (especially sovereigns) So would love your calculations for UK. (Lower incomes included)

Canada is not good to go to, over inflated home prices and cost of living is horrible

I'm solidly in Gen X. However, no real Xer actually believes in SS being for them as most of us are semi- independent. Pension, secured cash, IRA/401k, gold, and hard land. Cover all bets, I was always planning for 0%-25% of SS to be there, and never for essentials.

Some caveats about your list. 1. Canada only wants professionals with lots of money. If you're not a doctor or lawyer or Tech professional or wealthy they don't want you. 2. Thailand is getting overrun. A better bet would be Cambodia or Laos, nearby but much less overrun and much cheaper and you're close to Thailand as well. 3. Kazakhstan!

This is a great video Thank you !

Keep up the good work.

Great Video!

Love Thailand will retire there.Australia wasn't very free durning covid to be fair most places were insane.Happy investing/stacking.

I agree that we not only allocate to savings and 401k, but also to have Gold and Silver to hedge against the inflation we are seeing now as well as in the future

I asked you once Bald Guy and you told me that I have too much silver. My DCA is between 15 and 16 dollars on it but can't get myself to liquidate any of it for less than 25 dollars an ounce. I will wait until that day happens

Another very useful video

Good information, Bald Guy!!!

CRUSHED IT!

My gut feeling, backed up by what has been witnessed in recent years, says buy gold. And I agree completely with your views on Trudeau and Poland.

If you are retired and live in the US or are not prepared properly to retire it is a good idea to immigrate to another country where the cost of living is lower. Panama is a good country to retire to for example. As a US citizen you must downsize your standard of living though. Learn to live in smaller quarters. Learn to use public transportation etc. Use public medical care. With proper planning you can make this move. This way you can live on your social security for longer. The lifestyle in the US is no longer sustainable. Most people cannot afford to retire in the US and live the same lifestyle they lived while they were working. Many of you are in denial about this and will not consider moving out of the country. This is OK by me. I am just making a suggestion. What has happened to the US has happened almost overnight it seems like, and people don't really understand what has happened to them. People never dreamed that it might be a reality someday that it might be a necessity to leave the country in order to retire with some dignity. But it has actually happened. The US has been economically destroyed for the retiree.

I live in Canada. You are welcome here anytime. And yes, castro has to go.

Thanks

Hey sir, I don't have but 19,000 per year from SS so does that mean I don't have a chance? I do buy but very little, God bless

I like your videos. You always have very good information. I stack gold and silver based on your breakdowns and a little more if I can. Keep up the good work.

They said Social Security would end in the 60's, 70's, 80's and so forth. There could be changes to the retirement age specially for millennial babies, but social security is funded. In the 70's we went thru the oil crisis (waiting in long lines for 2-4 gallons of gas). In the 80's the terrible Reaganomics that took us to 13+ inflation, black Monday in the stock market and the first ever deficit of over a trillion dollars. The 2000's gave us the dotcom crash and the housing market crash. After two wars in the last 20+ years our countries economy while not perfect is very resilient. If you add the North American nearshoring the three economies of Canada, USA and Mexico can survive and are well position to compete with the EU, BRICS or any other union or association. Remember Social Security was never intended to be a person's sole source of income in retirement. Be your own bank and never live above your means.

I don’t really understand why silver if we have gold…. Instead of silver maybe better change in the digital gold like bitcoins

"Once Justin Trudeau is tossed out of office." And that's a 'like' from me.

One question I have is? What about transporting my precious metals from the US to other countries? Will any country especially the US try and confiscate my gold and silver? Are some countries more likely to confiscate my metals than others?

Thanks Bald Guy

WOW . . . I'm the $75,000 arena but I'm buying at the $150K level

100% of what you don't want to lose to inflation 😂😂😂

Saving chart include pension or retrment accounts or is that to addition to?

Hi, from Australia BGM.

If you are recommending Australia - should also look at NZ which is open to immigrants.

It's interesting that what you suggest I purchase is almost exactly what I purchase for my income level on an annual basis. I do this as a matter of preparedness, but most especially for the possibility of my retirement, whether Social Security or Pension, not being sufficient or not being available in the future. As a result, I've calculated that I would need approximately 1,800 ounces of Silver & 24 ounces of Gold annually. My initial goal is to reach 1 year, and then I will be shooting for 10. If I ever go beyond that, will depend upon how the future turns out. I am eligible to retire with a full retirement in 2032, though I may try to work until 2035 or get another job, post-retirement. I will be well under the minimum Social Security age still, so it's likely that I will continue to work, but I'm allowed to actually start drawing my full lifetime payment at 55 years of age, with a full 30 years of service. The point though is that I stack with this in mind. I wouldn't say that it's a super high likelihood that I will have to use my metals to supplement or replace my retirement and/or Social Security, but the probability is not ZERO, and it is growing over time. Very interesting and timely video!

Always lived in the US and in NH and plan to stay here. It has problems just like every other country out there but I prefer the devil I know over the devil I don't. I've got about 5-7% of my portfolio in miners and SLV. As soon as the Bitcoin ETF's come out I'll start building a 10% stake in them. That will give me about 20% in alternative assets. I've said this before but I don't believe physical money is the future. It's a dead man walking. The tech trend is unstoppable. Digital currencies in whatever form comes to prominence will be the norm.

So no platinum or palladium allocation?

Thanks for this, Bald Guy. I don't trust that Old Age Security will be here for me at 65, but I guess we will see. I've been planning my life like I'll get nothing but hassle from the government and I think everyone should be making similar plans. Every government will push it off for as long as they can but there will come a time when they just can't anymore. I also appreciate the suggestion of countries to go to. If Canada flops (I dislike Trudeau too and he's not helping us) then I'd be headed to the US. Beyond that I guess I better learn to speak Polish or Thai. Thanks as always!

I would change autrailia to new Zealand?

This is exactly why Martha and I stack. We have expanded our rear partfolio by several stacks in the last 3 weeks alone. Im flying past Martha with the capacity to hold, as of last night, 15 stacks. Ill have to say it hurts a little, but its a good pain. The reason i jumped ahead in capacity so much is no coincidence, though. Martha and I were walking through the hood 2 nights ago and she got scared when a brother asked her for directions. She tensed up and popped out 2 stacks of Britannias just like that! I instantly bent down, inserted them in my pocket, and assumed normal posture.

I don’t know who you are talking to, but my experience isn’t that people are waking up to the fact that pension’s or whatever social assistance keep coming their way. As a matter effect, I don’t know anyone who thinks it’s going to end. So I think the waking up part is still way out. Probably until it happens. Just my opinion.

400th 👍 GetIt bald guy! I've been really trying to give back and be nicer to ppl. ❤ it's hard bc ppl can be mean to us but we need to break through.

If you are old you cannot move to Australia. Hungary might be ok in Europe.

Worked for .gov right out of school in the ERISA field. It’s sobering to realize just how poorly the vast, VAST majority of Americans haven’t planned at all and expect .gov to take care of them in almost every single way.

Get as much gold as is reasonable for your income, but it will be a shortage of food and water which appears sooner. Grow a garden and set out fruit trees. Australia is probably the top worst nation in which to move. Their "health crisis" laws should be enough to warn everyone from moving there on a permanent basis. The only other worst nations to move to, are in Eastern Europe. Poland heads that list, because the Ukraine conflict is right on its border. And the Polish government has embedded itself within that conflict.

Gold and silver, yes. 💯 But do yourself a favor and start stacking bitcoin as well. Just bitcoin (BTC), none of the other "crypto" sh*tcoins. Stack and hold. Stacking bitcoin is easy, plenty of videos and web pages on how to do it safely and securely. Stay calm, stay off coinbase, stay out of the sh*tcoins, read up, be careful, stack and hold. Don't tell anyone you're doing it, either. Same as with gold and silver.

More is always better thought right? I make 75k roughly and put $6500 my Roth IRA, another $6500 in paper metals PSLV/PHYS, then probably 12-15k in physical. I live off about 20k and the rest goes towards saving for a house downpayment so the savings is held in a revolving basket of CDs.

Does the info change based on age?

Have you even been to Australia ?

I can agree with your numbers if they are for AFTER tax income. Otherwise, this would not make much sense.

No worries the government can buy more money printing machines.

The only country on that list you should consider is Chile. The rest are bureaucratic nightmares

Do we even have ten years?

I think a better approach would be to determine how much of total assets should be allocated to precious metals. Then you would allocate an appropriate portion of your annual savings to achieve that allocation.

Check your lineage and see if you have dual citizenship Like Italy

I think gold is ultimately where you want to be as you age. At the current ratio of 85:1, I’d go all in Silver then swap it for Gold when it corrects. Even if it corrects to 42:1 you’ve bought 2oz of Gold in the future at today’s 1oz prices. If it magically corrects to 15:1 that’s roughly 5.5oz of Gold in the future at today’s 1oz prices. Respectfully, This whole thing is going to collapse in the next 3-5 years, not 20. In 2019 Gold was classified as the world’s only other Tier-1 reserve asset to the dollar as the world’s central banks bought it up at record rates. JP Morgan fixed the market to buy 1.2 Billion ounces of Silver. Conversely, the 20-Year T-Bill, at one time the world’s safest long term investment, has become extremely volatile and risky as countries are divesting for a commodity-backed money system. The dollar can’t keep this up for much longer. It’s a ticking time bomb.

Dzięki za umieszczeniu Polski na pierwszym najlepszym miejscu do życia 😁 Ja uważam, że w Środkowo-Wschodniej Europie najlepsze do życia są Czechy.

Hey everyone

Percentage of my retirement for gold/silver is 60%...no fiat saving...I am below low in income but everything is paid... budget used to be 1500/mo...now 900/mo...I am enjoying retirement, almost done with the silver stack and plan to leave lots for the kids/grandkids...long ago I took a vow of poverty inspired by Catholic priests...I still need a bit to eat and 900/mo to me is still living rich...😮

Hmm, I have way more silver than you recommend that someone who makes $1M per year should stack over 10 years & I make way less than a million & have only been stacking for a little over 3 years. Guess I’m doing it wrong 😂

Canada...🙈🙉🙊

Your video has been tampered, we can only hear you now

Well, if your figures are accurate, I'm screwed 😂

🔥🔥🔥

2034? I am guessing that’s not the worst case scenario, so I’m going to guess by 2030 everyone takes a cut in social security. It’ll probably be the biggest presidential campaign issue of the 2032 election.

If someone needs to ask how much currency will they need to buy enough real money to retire, they need more education. 😂

wow im poor asf.

Our government is hard at work trying to figure out a way to fix the SS problem. They will take on that problem just as soon as the write the check to fund the Ukraine war, and take care of all the millions of illegals coming across our borders. I wonder how far an extra $200 Billion dollar, per year, could go to help our SS problem?

Best country number one should be Russia not Chinada

I’m buying silver and gold, I don’t agree with RU-vidr Backyard Bullion who says gold and silver will NOT protect you during a financial collapse.

The dollar is going to go to nothing. Paper with green ink is exactly that. People won’t stay stupid forever. It’s, this life, is all very temporary in the big picture. You are but a mist that appears for a little while in the morning.

I'm Gen X. Of course, we're going to get screwed following the Boomers. 😢

How do you get or transport your stash?