Note: I mention in this video that the general definition for bullion grade is 99.5% purity and higher. That said, Gold Eagles & Krugerrands are still very much included in this calculation - so don't worry!
In this video I do a full breakdown outlining how much gold you need to have to be in the top 20%, 5%, and 1% of private silver stackers around the world.
Be sure to watch this video 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!
Data Sources:
US Geological Survey Data on Gold Mining
www.usgs.gov/faqs/how-much-gold-has-been-found-world
Gold Reserves Per Country Data
tradingeconomics.com/country-list/gold-reserves
Transparent Gold Holdings By Companies & ETFs:
goldchartsrus.com/newsblog/index.php?post/2022/02/12/Transparent-Precious-Metal-Holdings-Gold/Silver
Precious Metals Ownership Survery
www.prnewswire.com/news-releases/new-survey-reveals-10-8-of-the-american-population-owns-gold-while-11-6-owns-silver-301122041.html
Supporting Data for Gold Ownership
goldsurvivalguide.co.nz/how-many-people-own-gold/
Facts About Gold (Including How Much Is Used for Bullion)
goldprice.com/project/facts-about-gold/
Definition of Bullion
www.investopedia.com/terms/b/bullion.asp
Wealth Distribution Data
www.statista.com/statistics/203961/wealth-distribution-for-the-us/
#gold #goldprice #goldbug
12 авг 2022