AI Predicts The Price Of Silver & Explains Silver Stacking (ChatGPT )

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Bald Guy Money

Bald Guy Money

Жыл бұрын

Join the Patreon Community: patreon.com/user?u=85209064
It gives you: Exclusive short video content / Exclusive tools that I use for stacking / Regular updates (twice per week) on the market / Chat Community / Ability to impact the direction of the channel.
In this video I show the results of a long conversation I had with the Artificial Intelligence (AI) ChatGPT.
The questions I asked cover the topics of:
- Whether or not it makes sense to stack silver.
- How much silver should a person have a percentage of their portfolio.
- What kind of silver is best to stack.
- A realistic price target for silver.
This is truly a first in the silver stacking KZfaq community so be sure to watch to the very end!
None of this advice - I am not a financial advisor - this is educational material!
Link to ChatGPT: openai.com/blog/chatgpt/
#silver #silverprice #silverstacking

Пікірлер: 1 200
@koinkollector2873
@koinkollector2873 Жыл бұрын
No AI was harmed in the production of this video. Very interesting info!
@mathiaskanuck6759
@mathiaskanuck6759 Жыл бұрын
Are you really a 1 ounce silver eagle?
@koinkollector2873
@koinkollector2873 Жыл бұрын
@@mathiaskanuck6759 yes, i identify as an ase
@2008Evidence
@2008Evidence Жыл бұрын
‘AI’ as represented by apps like ChatGPT in this generation is nothing more than an amalgamation of current facts and opinions sorted by an algorithm written by a person, and the answers you get reflects the rules of that particular algorithm. All in all very entertaining but no more “artificial” than the app developer’s biases, and “intelligent” as what it’s been fed. Best “AI” is no AI but reliance on educating oneself and applying critical thinking to facts and data, and taking all opinions with a certain “grain of salt.”
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
True. I can’t argue with that.
@dirtfarmer65
@dirtfarmer65 Жыл бұрын
Agreed & A.I. Can not do a proper appreciation of tail risk.. Because it is uncommon & infrequent....
@mikepurdy3952
@mikepurdy3952 Жыл бұрын
Agreed
@gohrt9139
@gohrt9139 Жыл бұрын
On the nail as we concluded
@martino8114
@martino8114 10 ай бұрын
WELL SAID THANK YOU! There’s nothing we know of as powerful as the human brain and we only have 10% usage lol imagine what we could do if our creator thought we were responsible enough to have use of the whole damn thing lol I’m a retired defense engineer/scientist of sorts lol once I reached the peak of my education I came to a crossroads that all intelligent people come to one road is arrogance the other enlightenment I took enlightenment and realized we know nothing ….. except how to manipulate the atom
@sstrauss6752
@sstrauss6752 Жыл бұрын
As a long time coin collector and more recently a stacker. I like to do both. I've been collecting coins since I was 9 and I am now 70. Yes, collector coins require experience and education and took me years to finally understand what I was looking at as far as valuation, grade, etc. As a coin collector, it was relatively easy for me to become a stacker.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
What kind of coins do you collect? I collect Ancient Roman coins.
@sstrauss6752
@sstrauss6752 Жыл бұрын
@@baldguymoney5568 As a child I collected U.S. coins but as I got older I went through several specialized phases. The most recent, which I have been collecting since 2009 is coins and tokens of the Soho Mint. Matthew Boulton was the first person to strike coins under power (steam) and as a student of the history of technology (and a former machinist) I found it intriguing.
@richardhumphrys7907
@richardhumphrys7907 Жыл бұрын
Comment above for you !
@shannonharris2602
@shannonharris2602 Жыл бұрын
@@baldguymoney5568 anything thing that has silver in it
@trailerparkcryptoking5213
@trailerparkcryptoking5213 10 ай бұрын
You know that your heirs will sell your collection for peanuts and piss away the money on frivolous junk..... I recently watched my daughters psychopath neighbor hire a giant portable dumpster and empty her elder parents lifelong home into that dumpster and didn’t care what the items were...just throw in the trash! They were 80 and going to a care facility....
@SilverDragons47
@SilverDragons47 Жыл бұрын
if the dollar gets hyperinflated we could easily see 100 Trillion dollar silver lol 🔥🐉
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Haha! Yeah, me thinks you've been watching too much Silver Slayer.
@vincenthoran6209
@vincenthoran6209 Жыл бұрын
nice stacking
@thomas000187
@thomas000187 Жыл бұрын
Right. Haha. Silver stackers are stupid...
@vincenthoran6209
@vincenthoran6209 Жыл бұрын
@@thomas000187 we see youre great investment ideas?
@vincenthoran6209
@vincenthoran6209 Жыл бұрын
🤑 silver dragons is like 🤑
@dmsdad6866
@dmsdad6866 Жыл бұрын
Considering Silver's all time high of $49+ in the late 70's equals almost $165 (adjusted for inflation), $160 is not unreasonable. Improbable but not unreasonable.
@jew_world_order
@jew_world_order Жыл бұрын
It's not really improbable that silver will greatly surpass $200, imo. In the 70s, only the US citizens had silver for the most part since majority of other countries made precious metals illegal and their citizens were much poorer than today. We now have over 6 billion people on earth, with a lot more purchasing power than people in the 70s, and their governments are now encouraging them to hoard metals.
@steventrojanowski3595
@steventrojanowski3595 Жыл бұрын
You have to also realize that today vs the early 80’s we have 55x more currency (paper bs) 56x more millionaires 200x more billionaires 220x more available consumercredit 49x Size of global stock market 39x assets under management
@MultiTasker888
@MultiTasker888 Жыл бұрын
Let's not forget the increased industrial purposes in electronics like solar panels for example.
@childofgod2758
@childofgod2758 2 күн бұрын
@@jew_world_orderyes and wen bought at$ 18.45 three years ago good gain.. Gods $$$
@childofgod2758
@childofgod2758 2 күн бұрын
@@jew_world_orderwasn’t aware other countries banned precious metals.. ever. WOW will research. Thank u
@nonjaninja4904
@nonjaninja4904 Жыл бұрын
AI forgot the most important reason #4: stack it because it's pretty and shiny.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Hehe! Definitely.
@colemarsh13
@colemarsh13 Жыл бұрын
That's why I do it...pure Love 💫💖💫🥰
@cliftonmoberg288
@cliftonmoberg288 27 күн бұрын
yes, robots are jealous of rounds' minty shine
@john316godlovesyou5
@john316godlovesyou5 Жыл бұрын
Thank you again for such an awesome video! I always look forward to your videos because they are very informative...well presented...and very realistic! God bless!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Cheers!
@letstalkcoins
@letstalkcoins Жыл бұрын
This video is very well done. Your ideas are well thought out and relayed in a nice structured unbiassed manner. Well done. I am a coin dealer and found this video very informative.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Wow - thank you. Wishing you all the best in your business.
@martino8114
@martino8114 10 ай бұрын
I second that
@jxr232
@jxr232 Жыл бұрын
Thank you for the video and especially exposing your viewers to ChatGPT and it's capabilities and a general overview of how it works as well as it's limitations.
@safffff1000
@safffff1000 Жыл бұрын
It won't allow what the elite considers mis info, and since the commodity market is all lies I wouldn't expect to to accurate predicting future prices.
@snowyowl6892
@snowyowl6892 3 ай бұрын
AI … (artificial intelligence) can only spit out whatever has been input by humans . ..obviously …. 🤗
@TheseusTitan
@TheseusTitan Жыл бұрын
Gold and silver serves three basic functions. By definition, it is a medium of exchange (due to its intrinsic properties), a unit of account and as a store of value.
@ManiacalManiac
@ManiacalManiac Жыл бұрын
Also industrial use.
@DevineAbyss
@DevineAbyss 8 ай бұрын
Lol. Das ist just the scientific definition of money. If you consider silver money, then it should fullfill those. But precious metals are different from FIAT currency. You can eat from silver plates and make silver stakes to hunt werewolves (:
@paulwise6856
@paulwise6856 6 ай бұрын
​@@DevineAbyssalso use one billion ounces a year I electronic, solar panels etc, only nine hundred million will be mined this year so even if industrial was the only use and it wasn't money the price still goes up
@dearbit8173
@dearbit8173 Жыл бұрын
Ty you answered many questions i had trying to put it all together ❤️ i appreciate all your insight and suggestions..
@william1863
@william1863 Жыл бұрын
Silver is Money and our CONSTITUTION says you shall have nothing but Silver and Gold as coinage for money. 👍✌️
@larryblinn4350
@larryblinn4350 6 ай бұрын
In the 90's I worked an hourly job down the street from a coin shop. I started buying silver rounds and eagles every pay day just for fun and kept it up for the 20 years I worked there. It would have taken 2 rounds to fill my van up with gas just as it does today. I still have that old van and all the silver I bought over the years. At 77 years old I have everything I will ever need in life so My 4 kids can split it when I'm gone. I'm sure they will pass it on too because they planned ahead and are set too. Funny how things work out.
@JohnGarcia-gt9mz
@JohnGarcia-gt9mz 11 ай бұрын
Buying silver or gold as an idea becomes much stronger if linked to savings generally. Acquiring small amounts of a tradable metal can be more fun than watching a bank balance grow and at the same time lose value, especially in times of high inflation.
@OniNoFro
@OniNoFro 4 ай бұрын
Most advisors worth their salt will say, depending on age and circumstances, about 20% of a balanced portfolio should be Cash/Equivalent. Without getting into specialized knowledge, precious metals are often treated as a subset of that Cash/E. Holding cash for any material length of time is a losing position for an individual as the bank is making money off of you while providing, most often, less than the rate of inflation as "interest"
@Jim-ox5hv
@Jim-ox5hv Жыл бұрын
I enjoyed this video. Thank you for the delivery :)
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Glad you enjoyed it!
@Troy_34
@Troy_34 Жыл бұрын
I've always thought collectibles and antique silver/gold is a good inclusion. One, it diversifies your stack and two, if it makes it fun and more enjoyable to build your stack up then more power to you.
@StrangeAzz
@StrangeAzz Жыл бұрын
I agree, there is so much more to it then simply stacking for the cheapest weight possible.
@andyirons7162
@andyirons7162 Жыл бұрын
Agree...
@OneOut1
@OneOut1 Жыл бұрын
I would not put any details of my stack on a any electronic device especially put it in the cloud. Kind of defeats the purpose for me.
@douggodfrey6521
@douggodfrey6521 8 ай бұрын
Buy the type of silver that you like. That makes the best sense to me.
@walterlyons119
@walterlyons119 Жыл бұрын
The $160 price is the 1980 high priced for inflation in todays dollars! 😅
@r1oaktree461
@r1oaktree461 Жыл бұрын
That is why i find so strange that people always use 50$ as the all time high
@bonnieupton4114
@bonnieupton4114 Жыл бұрын
What does that mean?
@walterlyons119
@walterlyons119 Жыл бұрын
@@bonnieupton4114 $50 dollars in 1980 is the same as $160 today in purchasing power with inflation.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Interesting how it came to that conclusion.
@r1oaktree461
@r1oaktree461 Жыл бұрын
Or that the hunt brothers did a very good job.For the silverprice to reach those levels again i think you would need an increase in monetary and industrial at the same time.a double whammy.a golden cross wont do the trick 😁
@TheQuickSilver101
@TheQuickSilver101 Жыл бұрын
ChatGPT is an endless source of entertainment. It can also be surprisingly sensible which I think it was in your examples. Thanks!
@snowyowl6892
@snowyowl6892 Жыл бұрын
What IS CHATGPT
@JohnS-il1dr
@JohnS-il1dr Жыл бұрын
@@snowyowl6892 an open AI platform. You can try it for free. Some programmers have asked it to write a rather complicated program and it was 80% accurate.
@GK-wn6ur
@GK-wn6ur Жыл бұрын
I'm starting to feel like ChatGPT is this generation's version of the Magic 8 ball.
@johnjames5842
@johnjames5842 Жыл бұрын
It's also very moody, irrational, and biased , as it was written by leftists and libshits, in not convinced that chat gpt isn't just some 10 yr olds with Google in India, making 10cents per hr
@dymkajulien4130
@dymkajulien4130 Жыл бұрын
Thanks for the update I feel like I'm going to reach the target Love the chat box information
@dendres95608
@dendres95608 Жыл бұрын
You did an excellent job in this post! Well explained and to the point!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thanks Don!
@kscoins4787
@kscoins4787 Жыл бұрын
Absolutely WONDERFUL video! well WELL done!!! Hope all is GREAT in your life. Thank you for the share and have a GREAT day! Peace from the land of OZ!!!
@chriskertesz8367
@chriskertesz8367 Жыл бұрын
I don’t stack collectibles either, however, agree with AI’s assessment that if the future is not all DOOM, the collectibles will have good value as they always have
@Bullionexchanges
@Bullionexchanges Жыл бұрын
Great video, thank you for sharing!
@kennyappany3805
@kennyappany3805 9 ай бұрын
Thanks 👍😊 very much for explaining so briefly, giving an insight on how market prices can be for silver and gold
@metaltracker1723
@metaltracker1723 Жыл бұрын
You are always keeping the content fresh and interesting Bald Guy. Great questions and AI’s responses were interesting yet predictable.
@realityisfake
@realityisfake Жыл бұрын
it's fun how warnings to avoid individual sellers contributes to liquidity risk
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Yeah. It’s absolutely silly. I suppose that’s based on stories of sellers being robbed.
@bobhill5791
@bobhill5791 Жыл бұрын
Just discovered your channel. Great subjects and content. I subscribed and have been binge watching.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Hi Bob. Thank you and welcome.
@greganweiler557
@greganweiler557 Жыл бұрын
Does the AI know that Silver and Gold are GOD’s money? Does the AI even know who GOD is ?
@bellydancerabiar7809
@bellydancerabiar7809 Жыл бұрын
Greg, lol, AI actually knows about God, some channels asked Al about end times and it actually spoke about the Messiah returning, war and the new world. Exactly as the Bible states. It was interesting and scary at the same time.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I’m not sure this AI is friends with Robert Kiyosaki. I’ll have to look into it.
@itiiyt
@itiiyt 11 ай бұрын
What God? There are many gods. What's your gods name?
@bill8582
@bill8582 11 ай бұрын
@@itiiyt negative ghost rider, there is one God, and He is the creator of this realm. All the rest is just confusion.
@craighallman2665
@craighallman2665 10 ай бұрын
Rome is our evil beast of the mark of the beast that will legislate worship and end up dead like many religio-political system government employees before them Daniel in the lions den did government legislate worship, yup did so, did Daniel die in the lions den nope, did the government die in the lions den, yup cat food government Daniel wouldn't worship the god king Darius Shadrach, Meshach, and Abednego, did they die in a firey furnace, nope did government employees die in a firey furnace yup did so, ashes government They wouldn't worship a idol god in the form of a Nebuchadnezzar the king even if government gives a death decree to those that won't worship by their laws Mordecai and Hamen did the government die, yup did so Mordecai didn't worship Hamen as a god then got a death decree of him and all his blood line yet hamen and all his family were stuck like Shish kebabs on posts, vulture food government Now for the story that is parrallelling in our time Did Moses or Pharoah die when Pharoah allowed no day of rest for the Hebrews, Pharoah died and most his government in a sea God tends to kill the ones legislating worship via miracle so who is a man standing in the place of God and legeslates zues sun worship, and lives on a city with 7 hills and wears the sungod dagons fish head hat, shockingly its the pontiff that pontificates the pope Quebec just legislated worship during the ovid without a c scare, store owners must rest on the day of the sun god, now how history unfolds would you join the Quebec government?
@rvnmedic1968
@rvnmedic1968 Жыл бұрын
I noticed the AI didn't include the price of premiums for selection of gold or silver types for stacking. It (or you) alluded to silver bars being less expensive and very true. If I understand the AI correctly, one could ask for the premiums of gold stackers and silver stackers. As a coin collector since I was 10 years old (now 75), I've noticed the value of some "bullion" coins (Silver Eagles, Maple Leafs, British Sovereigns, et.) are a good crossover as some dates are very scarce and hold a lot more value than for mere spot prices. Back in 1996 I bought a few silver eagles and sent one in for grading to PCGS. It came back as MS70, the highest grade. I put it on eBay and there was ferocious bidding up until the last second. It sold for $5,600! That was my once in a lifetime purchase. Very interesting video. I liked and subbed! Re stacking, a helpful vid might be one that offers suggestions for how to bug out of your house when you have two safes full of bullion and collector coins. Just theoretical, not me. Dump everything in duffel bags, roll-about luggage, etc? Cheers, Bob
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thanks for your for your thoughtful suggestion and for sharing your wealth of experience. Wishing you a fantastic day!
@Aaravpatel61519_
@Aaravpatel61519_ Жыл бұрын
Thank you for sharing the video about ChatGPT's features, capabilities, general operation, and constraints. I wonder why AI #1 is programed NOT to predict future commodities tho. This goes to show the essence of a professionals advice or opinion. AI with the common sense........lol
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I think the creators don't want people to sue them for missed predictions.
@cmackscott761
@cmackscott761 Жыл бұрын
I have learned that this AI can be similar to a child trying to keep a secret. If you ask multiple questions giving ChatGPT a lot of information, it will usually finally give a reasonable answer.
@Joannahunter_415
@Joannahunter_415 Жыл бұрын
A huge part of my pt growth came this bear market and from Gold. I've been able to scale from $18k to 57k passively following guides from Yvonne Annette Lively. It was a swing trade by the way. Still hold longer positions. It's more about knowing when to buy or sell.
@stevedunham1710
@stevedunham1710 Жыл бұрын
Winner, great video, thank you for your great job.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thanks for watching!
@eleeshafer7538
@eleeshafer7538 Жыл бұрын
Excellent video - thanks
@4thworldwilderness390
@4thworldwilderness390 Жыл бұрын
Food, shelter, security, supplies... and then physical silver/gold for future wealth. Don't forget the first 4.
@silverlion5384
@silverlion5384 Жыл бұрын
Don't forget clean water.
@jl696
@jl696 Жыл бұрын
What an interesting video! It's good to see that the AI agrees with my stacking practices and that I am meeting/exceeding minimum acquisition recommendations.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Glad it was helpful!
@justanopinion7029
@justanopinion7029 Жыл бұрын
@@baldguymoney5568 What about if you asked about crypto like what would bitcoin or eth be worth by 2030 have you tried that?
@bobs8005
@bobs8005 Жыл бұрын
@@justanopinion7029 don’t ask it. Crypto will be dead by then. Not blockchain but crypto
@andriesmaritz2055
@andriesmaritz2055 3 ай бұрын
Thanks & all the best. Kind regards.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Cheers!
@brettonplacefilms2033
@brettonplacefilms2033 Жыл бұрын
awesome review and I like the AI's predictions
@mikespronz8829
@mikespronz8829 Жыл бұрын
Awesome video as usual. As far as AI $160 silver max price, a good follow up question might be. What would keep silver from appreciating above $160?
@Imuckinggay
@Imuckinggay Жыл бұрын
I think you know
@SmithsnMoz
@SmithsnMoz Жыл бұрын
@@Imuckinggay..What??.Manipulation...😆
@95rav
@95rav Жыл бұрын
Also, 'Is that in USD or what?' It is a bit presumptuous for it to give a figure and have the asker assume the currency it is in. To be fair, it IS usually in USD, but I am only concerned what it is valued at in local currency, since that is where I buy or sell it.
@TheLarz1013
@TheLarz1013 Жыл бұрын
Nothing,soon as the manipulation is being removed as we WW move to a gold, commodity, precious metals back currancy under a quantum financial system. The US debt clock as of 01/27/23 has depegged the fiat currancy from gold, silver and oil.
@calvinmaestro3400
@calvinmaestro3400 Жыл бұрын
Thought the same. See my comment about how silver could reach $600 an ounce.
@jetster785
@jetster785 Жыл бұрын
And yet silver today is a lot rarer than it was back then, with only 4 billion ounces above ground nowadays. Perhaps AI haven't taken that into account. So $200-250 seems more fairer.
@ddprepper5227
@ddprepper5227 4 ай бұрын
Excellent report 👍👍👍👍👍👍👍
@jefferykolb
@jefferykolb Жыл бұрын
Love your stuff!!
@mitchbatten8281
@mitchbatten8281 Жыл бұрын
When the value of the fiat currency goes to $ZERO.00, Silver won’t have a value expressed in $dollars, Silver’s value will be expressed in ounces and wealth will be determined in physical ownership.
@silverlion5384
@silverlion5384 Жыл бұрын
Exactly
@silverlion5384
@silverlion5384 Жыл бұрын
I count it in ounces not dollars.
@MrThe1234guy
@MrThe1234guy Жыл бұрын
How on Earth does this AI have common sense better than so many humans. It is amazing
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Great question and awesome profile pic!
@jgrant5255
@jgrant5255 Жыл бұрын
The ai has simply collected the "common sense" that's found online from the discussions and observations by humans. I'm not impressed.
@danielbeach4855
@danielbeach4855 Жыл бұрын
Thanks for your work on bringing this info to us.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Cheers Daniel! Thanks for watching. More content coming as soon as I get healthy (just a bit of food poisoning).
@Josephine-sm2db
@Josephine-sm2db 3 ай бұрын
Thanks, good questions and answers
@richarddeconcilio9127
@richarddeconcilio9127 Жыл бұрын
Human intelligence went into making this video, good job bald guy.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thank you!
@spydude38
@spydude38 Жыл бұрын
Interesting video for sure. I also disagree with the AI listing Proof Coins as one of those things to invest/stack. However, overall the responses are what one would expect if the AI is truly able to draw from information available and make realistic recommendations/predictions. The $160.00 price point is interesting as well. If for example reality was that it would be $80.00 per once, that in and of itself is encouraging for stackers and investors alike.
@miketyson8933
@miketyson8933 Жыл бұрын
Oh you just watch and see!!! Silver eagles theres some rare ones that are good to have!! Watch!
@gernotfrohlich6978
@gernotfrohlich6978 Жыл бұрын
HAHA - i made a quite ident excell tab for my personal use to track and get en overview of my stacks :D ... luv it!
@patrickgrengs7594
@patrickgrengs7594 Жыл бұрын
Excellent content BGM -- you essentially read my mind and went forth with high quality questions for the AI. Cheers.
@ewinmac3561
@ewinmac3561 Жыл бұрын
In bars and rounds I only buy Sunshine Minting products. I can quickly check that they are real silver by using the SI lens that shows the word "Valid" or at the 90 deg position a Sunburst symbol. This is a great insurance policy.
@silverlion5384
@silverlion5384 Жыл бұрын
I agree with your analysis on Sunshine minting and the security feature. Their Buffalo, Morgan, Walking Liberty ,and Sunshine Eagle are the best quality Rounds you can find. Went to a local coin shop and asked for them, the guy said rounds are rounds. NOT. They also provide silver blanks to the US Mint. I buy them when they are on sale at any quantity pricing.
@ewinmac3561
@ewinmac3561 Жыл бұрын
@@silverlion5384 I noticed that Sunshine Rounds don't linger at coin shops for very long. They seem to be the first rounds people pickup. I often find one or two in a whole tray of rounds at my shop and buy them without hesitation. :)
@michaelfranks341
@michaelfranks341 Жыл бұрын
​@@silverlion5384 rounds are rounds to a coin dealer that's buying. Silver is silver and they are going to pay around spot price. High silver or gold prices: premiums go away and rounds are rounds, so no point in paying high premiums.
@gilavalos2400
@gilavalos2400 Жыл бұрын
Not too farfetched because silver once reached 50 dollars in 1980, adjusted to inflation that's about 177.58 per troy ounce.
@EVDiscGolf_and_fitness
@EVDiscGolf_and_fitness Жыл бұрын
It reached 50$ about 10 years ago to. I kick myself in the butt for not selling
@johnmcquaide9896
@johnmcquaide9896 Жыл бұрын
Thanks for this video and the time you put into it. It would be interesting if you did the same experiment at different time intervals. 1 year from now. 5 years from now etc. Although I don’t know that the results would be much different. But who really knows what even AI will be like then.
@rosebud3971
@rosebud3971 Жыл бұрын
Right on target, my friend.
@kendoglarson5419
@kendoglarson5419 Жыл бұрын
I did a calculation a while back based on gold and predicted rise and I think the number was $500 an ounce for silver. That's if there was no manipulation, but there is continuous manipulation of silver.
@mycharmedunicorn8715
@mycharmedunicorn8715 Жыл бұрын
Just like manipulation of coin dealers when you want to sell. I can clearly see the people we are buying from now when we want to sell in spot goes up to see 150 announce them saying well all I can give you is 50 an ounce. So at that point if they all stick together and say 50 for any ounces coming in. We will all be screwed and again they will be making the money when they sell it to whomever after giving us $50 an ounce.
@garyrogers6977
@garyrogers6977 Жыл бұрын
AI doesn't "think" anything. It sorts through a tremendous amount of human-generated and other data and summarizes it according to its neural network.
@mattivation_inc.
@mattivation_inc. Жыл бұрын
I really enjoyed the AI episode. Thanks very much for the different point of view.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Glad you enjoyed it!
@patienceobongo
@patienceobongo Жыл бұрын
That was a good idea, thanks.
@briancallahan5673
@briancallahan5673 Жыл бұрын
Gold and platinum next
@mikesorensen1981
@mikesorensen1981 Жыл бұрын
AI makes a lot of sense but doesn’t take into account corruption and banks controlling prices of metals artificially 🤨😱
@Venuslovefactor
@Venuslovefactor Жыл бұрын
Great video; very interesting! I'm stacking silver.
@olegpetelevitch4443
@olegpetelevitch4443 Жыл бұрын
Thank you good info !
@berndhase4399
@berndhase4399 Жыл бұрын
I have to give a 👍 just for the channel name.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thanks.
@mikezambrano2555
@mikezambrano2555 Жыл бұрын
thanks for this video BG, i wonder why AI #1 is programed NOT to predict future commodities. it makes you wonder if there are people who have ability to get this info rather easily and can take advantage. we are always 7 steps behind.
@davidk7324
@davidk7324 Жыл бұрын
They've been trying to come up with a magic formula since the first markets came into being. I think there have been a few books and programs sold over the years claiming to be a sure thing! In fact, I see bots all the time in the PM comment sections claiming to have the magic sauce--
@freedomspyder
@freedomspyder Жыл бұрын
The end is coming. We just don't know when that will be.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
There are certainly AI trading models that loosely taking advantage of this now based on technical indicators. They are high volume trading systems intended to beat the average investor.
@Arturius8
@Arturius8 Жыл бұрын
Very helpful video.
@daisyque8189
@daisyque8189 3 ай бұрын
Thank you !!
@cmackscott761
@cmackscott761 Жыл бұрын
I've been researching the same thing. Have any of you heard about the guy who bought gold through eBay over the years. When his wife became ill and needed an operation he decided to cash in his gold and learned that nearly all of it was fake. So be careful out there... I've even heard of gold bars that had been hollowed out and filled with similarly heavy low-value metal.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I talked about this on my Patreon recently.
@mycharmedunicorn8715
@mycharmedunicorn8715 Жыл бұрын
I bought a bunch of silver and gold from a company that was advertised on Facebook. Every bit of it was fake. I was blessed though because I paid for it by PayPal and they gave me my money back.
@snailsaredumb9412
@snailsaredumb9412 Жыл бұрын
Its odd the ai never mentioned casting grain as one of the best. The premium is very low and it has little demand outside jewelry making it a great asset to hold
@PHUCKyoutube689
@PHUCKyoutube689 3 ай бұрын
Limited resale market. Most people won't buy shot or bars, rounds from unknown makers. When you do find a buyer expect 10% below spot, usually a refinery are the the only ones that will touch it, and they stiol don't want it in shot form so now you have to melt it and pour bars, that costs money. It really is one of the worst options unless you are well known and have a reputation. I refine sterling as a hobby so I have some experience moving home pours.
@lcmlcm2460
@lcmlcm2460 Жыл бұрын
Definitely interesting, thanks
@carolcherry2195
@carolcherry2195 10 ай бұрын
Actually awesome learning!!!
@LAStreetPreacher
@LAStreetPreacher Жыл бұрын
$160 silver could easily be reached between 2024-2028 but I can also see it reaching $200-$400 by 2032. This would give us about a $7,000-$10,000 price of Gold which is a reasonable ratio between the two precious metals.
@mycharmedunicorn8715
@mycharmedunicorn8715 Жыл бұрын
Would be great.
@billsalcido7878
@billsalcido7878 Жыл бұрын
Why do people care so much about the value of the dollar? Value if silver stays pretty much the same, the dollar will continue to drop until it reaches zero
@williamboydsmith4773
@williamboydsmith4773 Жыл бұрын
My thought EXACTLY! With GLD=$8000...gives the average ratio of 50!
@dregga7638
@dregga7638 Жыл бұрын
@@billsalcido7878 because you can't buy much eith silver and gold, it's obvious isn't it?
@billsalcido7878
@billsalcido7878 Жыл бұрын
@@dregga7638 It’s obvious silver and gold have been used as currency for thousands of years 🤷‍♂️ paper has not. Glad I could teach you something, you bot
@Pops2
@Pops2 Жыл бұрын
Not even Chat GPT can figure how the suppression of silver value has gone on so long.
@4thworldwilderness390
@4thworldwilderness390 Жыл бұрын
Hellooooo... it's because the rulers of finance stamp it down with the paper market. Lol they can make infinite paper silver contracts at the expense of anyone holding physical as long as the game of musical chairs keeps going. The game of musical chairs is about to end and we will see gold and silver reach their true values once rhe fiat currency song is ending.
@bribri6985
@bribri6985 Жыл бұрын
😂
@bonnieupton4114
@bonnieupton4114 Жыл бұрын
Interesting info! I learned a lot. The AI program was news to me!
@christophermccormick8670
@christophermccormick8670 Жыл бұрын
This was fun! Need a A.I conversation about gold.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I'll do it!
@jimtwisted1984
@jimtwisted1984 Жыл бұрын
Ai is just a fancy wheel.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Maybe.
@db5202
@db5202 Жыл бұрын
Time target would have been a good addition. I've watched the US National Debt Clock and usually it is listed in the thousands. Now, $0. Love to know what is happening with that.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I don’t know much about how the website pulls data. I suspect it’s a glitch.
@Mike-ve8gt
@Mike-ve8gt Жыл бұрын
My best guess, the site figured out the Petrodollar is dead, before the humans.
@db5202
@db5202 Жыл бұрын
@@Su-Jo Now that's the best explanation I've heard! Thank you!
@db5202
@db5202 Жыл бұрын
@@Mike-ve8gt You may be right.
@n2skcmo
@n2skcmo 7 ай бұрын
​@@db5202nesara?
@michaelporco8692
@michaelporco8692 6 ай бұрын
Outstandimg video Bald Guy! 👍😊👍
@nicolasgilbert8850
@nicolasgilbert8850 Жыл бұрын
Buying privately 1 on 1 is the only way to get dealer pricing. If the LCS can get below spot. Why can't we? That's the true cost of silver.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Good point - but it is risky sometimes.
@nicolasgilbert8850
@nicolasgilbert8850 Жыл бұрын
@@baldguymoney5568 definitely a learning curve and a thrill at times especially when starting out. Nearly impossible today. The fact premiums have been consistently high for the past 3 years encourages me that higher prices may be comming however the March is so slow at times I get skeptical that dealers are taking advantage with premiums. I am curious if dealers make the same profit in this high premium environment.
@barrymantei7795
@barrymantei7795 Жыл бұрын
Buying privately 1 on 1 increases the risk of buying fake silver.
@swinn848
@swinn848 Жыл бұрын
Too bad AI can’t calculate disgusting greed and lies that effect the price
@jamesreal7987
@jamesreal7987 Жыл бұрын
GREAT VID
@blackmetalmatters9101
@blackmetalmatters9101 Жыл бұрын
I think an interesting idea for a future video is all the high-tech uses for gold & silver that are on the horizon, such as nanoparticles & solar panels. IMO, In the future we won't be wearing gold & silver jewelry but using it instead for our supercomputers, energy needs & medicines, and that by itself is exciting because there will always be a demand for these metals.
@sitnhere
@sitnhere Жыл бұрын
Sounds like you expect this Earth Age to continue, Huh? Stack the silver for your protection to use as a source of exchange when all the other funny monies will no longer hold value.
@Sarnarath
@Sarnarath Жыл бұрын
Weird how the AI didn't recommend any products from the Perth mint, who have seen record sales this year.
@ambermichealshotkinkyjo15
@ambermichealshotkinkyjo15 Жыл бұрын
People are saying silver premiums are going down and there's not a silver shortage what do u think, if so does that mean the dollars getting stronger? And what about silver manipulation
@nicolasgilbert8850
@nicolasgilbert8850 Жыл бұрын
Demand changes weekly. There's always unlimited silver available to buy. Wholesalers and dealers collude. Buy as close to spot as possible. With enough effort you can buy at the same price a dealer would... below spot lol
@ambermichealshotkinkyjo15
@ambermichealshotkinkyjo15 Жыл бұрын
@@nicolasgilbert8850 Kool thanks
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
The dollar is on the downward march - this in itself is pushing price of metals up.
@michaelengland8299
@michaelengland8299 8 ай бұрын
Far out, being a beginner in presses metals , much appreciated
@baldguymoney5568
@baldguymoney5568 7 ай бұрын
Welcome! I have many other videos on the topic. I hope you will find them informative.
@Fredrikwatchesandartwork
@Fredrikwatchesandartwork 6 ай бұрын
Silver and Gold going skyrocket 🚀🚀💯👍
@daniel51404
@daniel51404 Жыл бұрын
A.I. is like a parrot it only repeats everything we already know.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Maybe that's what it looks like today - but it is in its infancy.
@colemarsh13
@colemarsh13 Жыл бұрын
True...but this parrot 🦜 never forgets and can manipulate you with words.
@ttotto2958
@ttotto2958 Жыл бұрын
chatgpt told me to sell my wife , my house and my dog to buy silver
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Hahahaha! Don't do it! Dogs are man's best friend.
@R3DALJNOB07
@R3DALJNOB07 Жыл бұрын
🤣🤣🤣🤣
@fv7421
@fv7421 Жыл бұрын
I learn so much from your videos. Would you consider having a yearly discounted option for your Patreon? I'm a member of 2 other Patreons and they offer that for the longer commitment. 🙂
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I will once it becomes available. Since my account is new, I can't offer that yet. What I can say is that I will do my best to make sure that anyone who signs up now gets their money's worth.
@user-cg6tc9ne4j
@user-cg6tc9ne4j 6 ай бұрын
Great video
@philipvalka1006
@philipvalka1006 10 ай бұрын
Thank you
@gailcorley6888
@gailcorley6888 Жыл бұрын
Finally .... someone bold enough to put a number on it stackers can measure against: 5oz gold and 200oz silver. Solid guidelines
@vincentsubmarinismo774
@vincentsubmarinismo774 Жыл бұрын
Somone bald enough?
@gailcorley6888
@gailcorley6888 Жыл бұрын
@@vincentsubmarinismo774 did it read 'bald' to you?
@gailcorley6888
@gailcorley6888 Жыл бұрын
@@vincentsubmarinismo774 did you mean somone or someone??
@peterpagliaro1835
@peterpagliaro1835 5 ай бұрын
Just to give my own context regarding your fourth question on how high of a price silver can reasonably go I' liked the $160 answer. But I would qualify that I like it given today's market conditions including today's rate of inflation. When and if market conditions change ;and they likely will at some point; another answer should be appropriated
@mistagregory
@mistagregory Жыл бұрын
I love your Hot Ones interviews, but this is interesting too.
@Eli-qr9hc
@Eli-qr9hc Жыл бұрын
On the topic of 1 ounce silver rounds, I’d be curious to know the answer between some thing ad generic as junk bin (like birthday rounds) or buffalo rounds or Ingelhart rounds or other attractive, generic rounds
@davemi00
@davemi00 Жыл бұрын
Nice presentation !
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Glad you liked it!
@bill20166
@bill20166 Жыл бұрын
Okay thanks for the answer.
@Fatal_Error_Gaming
@Fatal_Error_Gaming Жыл бұрын
Awesome stuff Bald Guy.
@bluerockalot
@bluerockalot 9 ай бұрын
Everything you conveyed as to what the AI said is precisely the same thing I hear that every other well informed stacker has said. Though, it is comforting to hear it from some-thing that is smarter than all of us stackers combined...
@baldguymoney5568
@baldguymoney5568 9 ай бұрын
It is certainly an aggregate of common opinions.
@usaalways1869
@usaalways1869 Жыл бұрын
Love ❤️ your channel
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thank you!
@TruthLivesNow
@TruthLivesNow Жыл бұрын
These are great questions, and great answers. There is one question that I just wanted to comment on. You stated that you personally do not think Proof Coins or Rare Coins are a good thing for Stacking. Stacking was not actually part of your question, "What are the 5 best physical silver products to own?" This was a great video, I enjoyed it.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I have a series that I am developing to answer that question. Please take a look: kzfaq.info/get/bejne/gcpggtuDtazSk4E.html
@wouter4730
@wouter4730 Жыл бұрын
I would think that the classic gold and silver coins of your country are ideal for stacking. The premiums are usually the lowest (similar as bars) so you will get the most amount of metal, they come in small units, which are easy to buy and sell, and everybody in your country is familiar with it. Also the risk of counterfit may be lower, as they are more easily checked for acuracy. Collectors with a variaty of coins in different years sometimes can do it tax free too, as it is a cultural collection of classic herritage coins.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Sure - but with the world being so “small” these days, I’d say there are a handful of sovereign bullion coins that you can stack without much liquidity risk.
@ericjurgensen9233
@ericjurgensen9233 Жыл бұрын
Great!! THANKS!!!!
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