Well done. A more detailed breakdown of the ounces needed to protect one's wealth and prosper from it. I am "north" of 6,000 oz and still stack because I know the debt will never be seriously addressed. Gold is also in my mix as well. I can tell you one thing; I sleep better keeping my stack growing. Keep up the research, your work is most interesting.
I agree with you that as far as those of us who are wealthy enough, we can easily afford and have access to silver and gold coins and bars. I don’t think most of us really appreciate And are aware that we are incredibly fortunate to be in this position. I really like how you took some serious time to express that fact and try and get us to understand that. Thank you.
When in was in the military traveling all over the world, I realized how rich I was even though I was just above poverty level in the US. We are rich but as the empire of the US Dollar more and more of our people will fall behind.
@chrisinvirginiaI'm right there with you, Chris. I think the key is to stack consistently over time. Ten ounces per week x 50 weeks per year x 4 years and we're pretty much there. That's how I look at.
I very much appreciate the time and effort you took to make this video. This is *exactly the information I was looking for* and I appreciate the shared sources. I'm just an average blue collar worker in the US with a Master's degree that did not help me, but after watching this video and knowing where I am, I have tremendous peace of mind. Thank you.
That is insane, that really opened my eyes, I'm very fortunate compared to world average yearly salary, I'm very humbled, I'm in the US in a very impoverished area. I'm truly humbled and very blessed
I have been to 28 countries. I assure you that we in the USA live at a higher standard than most of the world. Most of us take it for granted. Like you i am humbled but also come to understand that money does not equate to happiness.
Love the videos! I place my wealth in physical Silver & Gold, real estate and fiat. My biggest problem with anything digital is the vulnerability. I believe that if we loose "cash" we loose freedom and privacy. Our "money" will no longer be truly safe!
Great followup video. Much appreciated! My personal benchmarks can now be adjusted. Would love to see some comparative with government holdings, in some way. Thanks again!
2/3 of the way to the 0.1 I’m the US. I think that’s probably around 0.3-0.5 %. Not bad for about 6 years. I get extra and keep my dollar cost average down by flipping on various Facebook groups. I’ll sell the premiums that I get for the same price as generics and then I’ll take the profits by 90% so I have more ounces
Really Terry Markham... thanks for letting all of your neighbors and whole town and especially the government know. Lol... dont tell anyone, especially on YT chat know about your stacking...
Thanks I appreciate your effort. I did hit the somewhere in the 1% maybe 0.6 . I may have miss the 1% in income but if silver and gold go up just a few dollars I would make that. I guess you know what we all want next is % gold !
I have been on disability for the last 7 years since I was 19 because of a car accident. Only getting 14k a year. Now I’m on my way to having that amount stored in gold and silver. Very fortunate
Very powerful video - thank you so much for your research & diligence. Not only did I learn a lot but you have given me things to think about & implement with my own stack! Please don’t stop.
Interesting research, we are in NZ I believe that only under 1% own precious metals, we have stacked quite a large sum and especially in the last 3 years. We keep hearing about prices going up yet to date they have dropped. So we wait patiently for the growth I think I could be very old maybe 🤪
Silver is definitely a game of patience. We need manufacturing to pick up and the economy to get out of recession before we start to see a real significant jump. Wishing you all the best!
I'm in the top 2% and climbing that ladder. I have a huge issue paying the ridiculous premiums being paid however, so I haven't bought any physical lately 😒 However, I am more of a coin collector than silver stacker, so if we counted the intrinsic value of those rare silver coins, then I am top 1%.
I view the premium as a worthy investment now for the privilege of actually being able to get my hands on the physical. When the Euro, Yen then USD really fail hard then silver will be super scarce. The premiums are also reflective of the true price of physical, we all know the paper price is a mirage & not the true value of physical. I pay the premiums with the mindset that I'll hold for 10-20 years to see the true value emerge. I don't think it will take even 5 tho...
@@magnanova Well it's stupid to pay 50% premium (Silver Eagle's) but rock on with your "privilege" while those selling at those premiums are truly privileged.
I'm just barely over the top 0.01% US, been stacking for 20 years need to get busy buying and put myself well into the top US 0.01%, what a awesome video your like fine wine you get better over time
Thanks again. Have you considered producing a video on the intricacies of insuring a silver hoard that grows and shrinks over time? Six or seven years ago, I did and we decided that turning our residence into a safe was a more economical option...to the point that if anyone can get at our investments alive (which include very little bullion), they deserve to have them.
@@baldguymoneyofficial It's probably a bit esoteric relative to the informative analytics that you provide on BGM but "insure your bullion hoard" is a very complicated option, at least here in the US - especially for a buyer/reseller as I once was. It requires - or did for me - audits (which the owner gets to pay for), proof of ownership (which won't work for those 'hiding' their assets from god and everyone else), an intrusive investigation, etc. Personally, I'm not one to hide in a corner with a loaded gun awaiting the failure, globally, of currencies nor a catastrapocalypse or anything like that. I suppose that it differs based on many factors - I live on both coasts of the US. But, I am aware that insuring a bullion hoard is a much, much different protocol than insuring a piece of fine art, a residence, a rental property or an automobile. Thanks again!!✌🏻🍻
It’s called : 1.) the Delaware Depository OR 2.) BRINKS ( Salt Lake City ) $200.00 / year private depository storage including the “ custodian “ if it’s in a self - directed IRA . BOTH - insured by Lloyd’s of London
I'm in the 1% but not in the 0.1%, and I'm ok with that. I'd rather be more diversified than park that much cash into silver. Also, 10,000 troy ounces is nearly 700 pounds/317 Kilograms. I'm not sure how I'd even store that much silver. As to storing metals vaulting is an option if you can't store them in the bank (my bank doesn't allow me to store gold silver or cash in their safety deposit boxes). Thanks for the well researched content!
Half way to .1%. Too bad I started late and paid too much for what I have accumulated. Hopefully it'll still turn out to have been a wise decision in the future.
Thank you for bringing up insurance!! I have watched so many vids about this topic and hear so little about insuring your home . Also good for events of fires/floods too for other goods. I am grateful to have it.
Hi Elizabeth - insurance is a small cost that people can take on to protect huge things. I have insurance on my life, my wife's life, all of my real estate, all of my physical assets.
YOU CANNOT INSURE THIS , like you “ think “ . JUST do like the wealthiest Americans do … 1.) the Delaware Depository OR BRINKS ( Salt Lake City ) BOTH insured by Loyds of London BOTH outside of the - “ banking system “ . If it’s in a 401 k “ rollover “ into a self directed IRA - $200.00 a year storage fees . “ your “ metal - NO custodian , $100.00 a year . Bam . Sleep better , with EXTREME ease should you decide to sell “ someday “ . ( ask any precious metals broker - THEY prefer to work in this fashion and SO WILL YOU )
It drives me crazy - there is no reason to be at odds with each other. It's like people who only invest in Amazon or only AliBaba - they can both grow. Cheers.
I take it that you didn’t look at the amount of silver to global population. If silver was evenly distributed everyone would have less than a ounce of silver.
@@littleredpony6868 Great for bringing that up - and THANK YOU ! I’m going onto global TV stations comments section and trying to help Wall Street Silver and our cause to get a GLOBAL SILVER BULLION SQUEEZE going ! Imagine the results …
Didn't expect myself are part of the 1% stacker worldwide. However , would you mind explain on probably another video regarding what does it mean on stacking silver and relationship between money supply , silver to dollar ratio, paper contract silver to silver ratio and "know what you hold" concept. Hope to hear you soon
I do wonder, if the "silver is poor man's gold" idiom would come into play with this. It's probably not on the bucket list of many multimillionaires to own tens of thousands of ounces of physical silver. I'd imagine those who invest hundreds of thousands or millions of dollars into silver might do so with paper silver rather than physical. Thus, maybe the distribution of physical silver could be more even than the distribution of total wealth?
@@baldguymoneyofficial I know and I wouldn't really do anything with that information anyways, even if we did have it, but it's interesting to think about.
Andy Schechman at Miles Franklin just sold $50M of PMs over half of which was Physical Silver to a Texas Billionaire… the order included over 950k Silver Eagles…. Just FYI
@@villevalste1888 I think this is a clear indication that High Net Worth people are waking up to the fact that Fiat paper and all associated derivatives are in serious jeopardy of collapse. This is clearly an insurance policy.
20 years in the US Army has taught me to appreciate a hot shower, clean water, warm chow, clean bed and too much more to count. This makes me a rich man.
It’s wild to me that there’s people in these comments telling exactly how much silver they have or even just admitting to being in the top 1% like bro are you not worried someone’s gonna find you and Rob you
The job of Silver historically was to divide Gold for transactional purposes… it was the OG currency for 5k years… but since 1873 and 1964 it has been replaced by Fiat. IMO when the SHTF, people will once again demand commodities in exchange for value. The re-monitization of Silver will only be accomplished by enticing stackers to part with their bullion… which will require a GSR at or better than 15:1 and an accounting for all the debt in terms of PM value… but what do I know, right?
Awesome comment and great food for thought. I am a Roman coin collector and Roman history enthusiast so your first bit is something very familiar to me. Thank you for commenting.
@@baldguymoneyofficial I just found your channel - have been a long time follower of Yankee Stacker and Liberty and Finance. Your content is excellent, keep up the good work!
I like Yankee and the new direction he is taking his channel. I feel he has become more balanced and clearly articulates the purpose of metals vs. previous videos. He is also a decent guy. I don't watch the other channel - I will check it out.
Silver also have high anti-microbial properties (a few drops of colloidal silver will cure pink eye, throw a silver coin to in a jug of water or milk and they will be fresher for a few more days, etc.), might save your life in a SHTF just like it did during the ancient times...
Great info. It seems like the bank and the govt have proven they can just take it when you use their systems to store (wealth). But it comes down to where and how you live.
Greetings Bald Guy, The question and answers are a great addition to your videos. I’ve been reading a lot about Russia and China and their currencies backed by gold. The biggest problem with that I think is there’s definitely a trust issue when it comes to the governments of those countries, but I guess we’ll have to wait and see how it plays out. God bless him keep up the good work
Glad you enjoyed it. I couldn't agree with you more on the issue of trust when it comes to Chinese / Russian commodity-backed currencies. What's more is that I just read this morning that China is prepared to inflate it's money supply by approximately 13% to pay for the real estate crisis they're experiencing. That doesn't sound like the behavior of a government that cares much about hard money.
@@luffebassen When I was a kid growing up on the west side of Cleveland Ohio I had an uncle who is one of the biggest bookies on the west side. After delivering my newspapers I would clean up at his card rooms. One day he was there with a man named Danny Green who is a big mobster in the area and he invited me over to meet him. My uncle always said he was a man of his word. I guess what I’m saying is I would rather trust the Irish mobsters than the Fed Russian or Chinese government. But your point is well taken God bless
IMHO - “ my “ answer ( not that anyone cares , lol 😂 ) The WORLD , picks out the neutral country of Switzerland . There are audits by ANY/ ALL countries involved - with body cams . All fiat is backed by PHYSICAL GOLD , in the Swiss mountain . It “ mirrors “ the United States BRETTON WOODS AGREEMENT from 1944 THAT HAD GLOBAL TRANSPARENCY AND INTEGRITY “ once upon a time “ until the (Emperor Had No Clothes) when Nixon removed the convertibility for any government to transfer US Dollars BACK into physical GOLD to show fiscal responsibility and to have trust in a fiat monetary system, geopolitics be damned … Bam ! ( did I hear a microphone drop ? )
FYI.........don't ever keep your physical precious metals in a safety deposit box at a bank, there are no guarantees or safeguards in case the bank misplaces it, looses it, etc etc. There several examples out there where people have lost their life savings, valuables left in the trust of a commercial bank. If you want to store physical metals, use a bullion depository like the Texas Bullion Depository or others that have those safeguards.
Here are my thoughts on Platinum - I will be doing a follow up with more support for this point of view too, so keep an eye out for it. Link: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-cmIXiwQK00E.html
Super info = most Helpful = PROVES how fragile low Prices can be Sustained for ONLY a short term, when the World public wants Physical silver = it will be UnATAINABLE ....!!!!!!!!
Another fascinating and informative video. Keep them coming. I remember you calling out Yankee Stacker to do a video, did he ever respond? I just noticed a video by Rafi Farber called A house for 75 oz is realistic in the end game. I'm going to watch it now.
Yankee and I spoke and he was very nice. I think we found some common ground in our discussion and I even noticed a shift in his videos over the last few months. That said, I haven't changed my mind on advertising investment products on my channel. Thanks for the comment.
Physical gold is divisible into 1/1000th ounce units, which are suitable for use in purchasing moderately valued items, such as groceries. See for example the Goldback.
With enough time, 10k oz’s is very doable. Some of us would be close or higher if we used silver equivalent. ie, combining Au & Pt with the physical silver already in the stack. As usual, interesting video! Thx Bald guy 👍🏼
Awesome Info!!!!!!! I see that I make the 1% of the Global Silver owners at 560 oz level....as to the $$ in the bank...north of $40 K at the moment.....
Question: should I have more than a sealed monster box of ASEs? I did buy two tubes of ASEs on this dip. 1000 ounces to 3000 ounces better for the current environment? Cheers Bald Guy
Of course, that depends on many factors like your net worth, how much you are trying to protect, what your plans are for it (like is it for retirement or just emergency). That said, it should be more than enough - that is a lot of silver and few people have that much. Cheers Chris.
Thanks for the video. You might want to read the bank prospective. You will discover that ANYTHING that is held in the bank, belongs to the bank. You are a creditor not an owner. I personally keep very little in the bank and nothing in a not so safe deposit box. They changed the rules on us in 2014 at the Australian G20 summit. Right now they pretend that it's still yours, but wait until everything goes to hell in a handbasket. Then you'll discover what is meant by "bank holiday ".
Hi - I see a lot of skepticism about keeping assets in banks safes and I can certainly sympathize. I fully understand where that attitude is coming from. I certainly hope that wherever you stash your assets that they are fully insured. All the best!
While I'm in the 1% group of silver stackers, honestly don't have the room or desire to join the .01% club. Silver takes up a lot of room, gold is certainly more compact.
Thanks so much for the recommendation Bald Guy. This is exactly what I was looking for. Great thoughts on perspective. Here's a question that probably can't be answered with any degree of reliability, but what do you think the silver price would have to reach before the "unrecoverable" silver (discarded cell phones, electronics, etc.) would be feasible to recover? I know that, as opposed to gold, there is a huge amount of currently "unrecoverable" silver, not because it's actually unrecoverable but because it's not economically feasible to do so.
To help your viewers : Please consider going down the easy , safe , and trouble free “path” of how to safely( if you are in the USA , and are over the age of 59 1/2 for example , but this also includes anyone under as well as far as the actual “ proper “ and wise and safe and OUTSIDE OF THE BANKING SYSTEM storage . ) And “ why “ 100% of say a person’s 401 k would totally rollover with NO penalties and “ why “ a custodian is involved but not to overthink it . I could give an example of how easy it is but you are the host , and not to stroke your ego - a fine well worded gentleman who is doing a stellar job - so there you go ! I appreciate , for what it’s worth , your channel and valuable content . Peace Out .
Your welcome . I Appreciate your contribution to the PM space , and the delivery you give . The “nuts & bolts” numbers and your transparency is a breath of fresh air ! Because YOU are (and yes I’m on lots of PM channels , as I feel that we are living in historical and unprecedented times right here - right now ) delivering to a global audience , this cause is important in a much larger BIG PICTURE perspective ! You are on a “ cutting edge “ subject matter that we will look back on one day and kind of have fond memories of how we in this “ space “ kind of glad we chose to have our “ ears to the ground “ listening and actually doing something about our hard earned fruits of our labor . Peace Out .
Most banks don't allow physical bullion in Safety Deposit boxes. Also, banks have rules that allow them to raid safety deposit boxes for very specific assets... bullion is one of them.
I will be visiting a vault soon and will cover the topic in depth. There are some truths, but also some misperceptions out there - as well as nuances depending on what country you're in. All will be covered soon.
@@baldguymoneyofficial Note, I did not say bullion vault service of any kind, I was talking about bank Safety deposit boxes. I looked around my area months ago. Literally every single bank I called or looked up online would not allow precious metals (bullion) to be stored in their safety deposit box either outright, or with some string attached that made it not worth doing.
@@porterhowell7100 you could make the same argument for illegal firearms, drugs, contraband, etc. They can seize items not allowed in those boxes, which totally defeats the WHOLE POINT of buying precious metals... right?!?
No question, the wife and I are thankful every day for our wealth. Not a USA 1% w/ $4M total. What does it take to be 0.01% silver stacker? How many toz in a ton? (29k+)
Roughly 2300 oz of silver and about 80 oz of gold pus me in the top .1% worldwide but not the US. No kilo bars for me because they don’t divide easily.
thanks for the direction to this vid. without giving anything up, there are those in my circle who do qualify for the USA 1% level and higher..... do you also take into consideration ownership by private bullion dealers and coin shops? Many of those will easily have 10,000 ounces in stock.
@@baldguymoneyofficial I would postulate though that all bullion is for sale at the right price. Even for those I know who have been stacking for 20 years. Capital is only good if it is used or leveraged IMHO
