Buy Gold & Silver Now Or Wait For A Crash? This Is What I Am Doing

Рет қаралды 36,000

Ай бұрын

Join the Bald Guy Money Patreon Community for great additional content: patreon.com/user?u=85209064
Check out www.pimbex.com/ for all of your bullion needs.
Call them at 888-892-9363 for a free chat about your IRA!
In this video I talk about:
- Some current events that I think are leading towards a market correction
- Buying metals now vs. waiting for a big market crash to take advantage of lower Gold & Silver prices
- Exactly how I approach metals purchasing using data to understand the long-term benefits and returns associated with owning metals
- Where I think prices are going over the next few years
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:
Stagflation Story
fortune.com/2024/05/01/jerome...
Canada Unemployment
tradingeconomics.com/canada/u...
Germany Unemployment
tradingeconomics.com/germany/...
Jobs Report Story
www.cnbc.com/2024/05/03/jobs-...
UK Unemployment
tradingeconomics.com/united-k....
USA Unemployment
tradingeconomics.com/united-s....
Gold Price Chart
www.macrotrends.net/1333/hist...
Inflation Calculator
www.calculator.net/inflation-...
Central Bank Gold Buying Image
www.weforum.org/agenda/2023/0....
#gold #silver #goldprice

Пікірлер: 628

@baldguymoney5568 Ай бұрын

Join the “Bald Guy Money” Patreon Community for great additional content: www.patreon.com/user?u=85209064 It's only $14.99 a month (10% discount for full year subscribers)!

@laupeter4594 Ай бұрын

Yes please. I would like to see a silver analysis! There was a video by another youtuber who analyzed correlation of S&P500 index vs different assets, i.e. stocks, corporate bonds, T bills, BTC and precious metals. Turned out that BTC is positively correlated with S&P

@rickl7604 Ай бұрын

Yes, please evaluate the situation for silver.

@achillesheel1231 27 күн бұрын

“Gold moves first. Silver moves farther.” - Rick Rule

@Stacked_high 14 күн бұрын

I 64th this comment, Bald Guy Money:)

@johnfaruzzi5452 Ай бұрын

My friend, I really enjoy your videos started watching them about 3 or 4 months ago. I'm 77 years of age started saving my money and bought 10 ounces of gold and I own 5 tubes of silver that's all I can afford. Low income but I made it work for me. It was tuff but I made it happen. In good health me and my dog. Cannot afford much else because of inflation, looking forward watching your videos. God bless to you and your audience. These are tuff times for most of us.✌😊

@royharris7135 Ай бұрын

Some great purchase's well done

@syovar1 Ай бұрын

10 ounces of gold and 100-120 ounces of silver is tremendously good, whatever income! A $25,000+ hard savings account is nothing to sneer at. Very few people have that worldwide.

@Shauntay76 Ай бұрын

Great job doing better than a 48-year-old. 😊

@briansmythe3000 Ай бұрын

10 Oz of gold wohha your doing well 😮 wish I was anywhere near that 😊

@michaelsutanto2882 Ай бұрын

Careful putting what you have on social media sir. You dont know who is reading. But im happy for you

@DavidG-qe7yn Ай бұрын

Thanks BGM!😊 yes, please run the numbers for silver

@stephenbetts218 Ай бұрын

Yes I would like to see the same analysis done with silver and the stock market thank you as always for the great information

@Reaper-ml6ly Ай бұрын

If you wait for a crash then you'll be competing against all the panicking normies trying to buy in to escape the crash, good luck finding any metal at that point. The time to prepare is before you have to.

@adventureswitheddie6444 Ай бұрын

Buy when no one wants it, a few months ago…

@anthonyg.3503 Ай бұрын

Look back at the 2008 crash and you'll see it's a small window of opportunity (measured in days) before the rebound and rise up in metals occurs. The experienced buyers in the space are absolutely holding cash to take advantage when the crash happens. The on-line dealers have a strong supply of inventory as sales have decline since late 2023. If the economy crashed tomorrow and metals plunged along with every other asset, there's no chance all the metals would be bought up to the point you couldn't find any. You're kidding yourself you if believe that.

@adventureswitheddie6444 Ай бұрын

@@anthonyg.3503 metals can’t crash it’s real money lol

@joshl5658 Ай бұрын

@anthonyg.3503 Crash in price for a few days maybe... but the premiums will be high to counter the price. You think the Bullion Dealers won't know what's going on 😂

@haplindsey5444 Ай бұрын

I can yell from my experience then, the first 3 months after the prices dropped, not only could you not get the metals at the spot price (premiums went off the hook) it was very difficult to find places selling them except in larger increments. Everything at an ounce and below was very limited and cost spot plus 15 to 20 percent. Some places it was as high as 30%. It wasn't until march/April 2009 that I could get an oz at around 10 to 12% over spot. Silver was worse than that. I think the response this time is going to be even worse.

@john316godlovesyou5 Ай бұрын

Thanks Bald Guy Money for another outstanding video! The information you professionally provide is much more detailed, informative, and unbiased than what the mainstream media provides! Thanks again and God bless you!

@TsquareTalk Ай бұрын

🦍Silver too! Yes I would love to see do this analysis with silver because I've heard this numerous times and I've actually experienced that after his COVID I could not find any silver for 11 12 13 really anything under 20 everybody wanted 20 bucks even though the spot price was low. It was like the people that had it knew what it was It was worth and it wasn't the spot price. Thank you for posting great video as always 👍

@lucianedelaney-sp6ku Ай бұрын

bald guy money Yes, please evaluate the situation for silver

@josephjames259 Ай бұрын

Shanghai has been closed for 5 days. Tonight should be interesting when they reopen.

@briancunningham2870 Ай бұрын

Please do it. You are the best out there. The metals, especially silver, needs a public spokesman exactly like you. Please, Stay front and center. Thank you for all you do.

@baldguymoney5568 27 күн бұрын

Kind words! Will do it very soon. I have a special surprise first.

@RobertHowell-en2qv Ай бұрын

Great information and presentation. A silver follow-up in the same format would be great as well.

@baldguymoney5568 27 күн бұрын

Coming soon!

@DonnaCouture Ай бұрын

Yes, please do the same analysis for silver. Thanks.

@baldguymoney5568 27 күн бұрын

You got it!

@DonnaCouture 27 күн бұрын

@@baldguymoney5568 Thank You!

@Asia-dr4yj Ай бұрын

Great analysis BG - please follow-up with similar silver presentation - thank you!

@baldguymoney5568 27 күн бұрын

Sure thing!

@cphipps1969 Ай бұрын

Thank you Bald Guy, I too would like to see a similar video for silver.

@kevinbelcher5241 Ай бұрын

Silver video please . . . If you like Gold, you'll love Silver.

@SupplementalDinner-zs4np Ай бұрын

Metals analysis vs. stock market would be most interesting. Incredible video with great takeaways. Thank you!

@viennaweiss8470 Ай бұрын

Thanks Bald Guy, I really appreciate the sensible and calm analysts you do, there are so many others out there who spout out incredible and seriously unrealistic forecasts/warnings. I've become a regular buyer/stacker of 50g gold bars, for the loooong term, and only started around a year ago. Since I got into it, the rollercoaster nearly wrecked my nerves, but seeing your commentary really calmed me. Thanks again.

@baldguymoney5568 27 күн бұрын

Cheers! I’ve been at it for 16 years. I have lived around the world and have been conditioned to remain calm in uncertain times. Thank you so much for watching.

@free2be22 Ай бұрын

Yes, please analyze silver as well! Thank you for your great work!

@ct87gn25 Ай бұрын

GREAT video BGM! I myself would love to see you do the charts for silver over the last 15 years or so. Really enjoy your thought out, educational videos on the metals markets and performance BGM and look forward to the next. Have a great weekend!

@baldguymoney5568 27 күн бұрын

Thanks you!! The video will be done soon. I’m having a great weekend and you’ll love my next video. Cheers!

@JohnMDiLiberto Ай бұрын

Thank you, Bald Guy! Yes, please apply your analyses to silver.

@stevenpalamarchuk3302 Ай бұрын

Thank you for all of your input and your thoughts on the topics you cover

@ChampionCreed Ай бұрын

yes please. I would be very interested in seeing the silver evaluation.

@caryboren2051 Ай бұрын

I appreciate your analysis! Thanks guy

@baldguymoney5568 27 күн бұрын

My pleasure!

@szybkieiproste Ай бұрын

Amazing as always!

@croatia-oprtalj Ай бұрын

Thanks for your opinion. I would like to see the same kind of program but with silver. Super fun and clear videos.

@ludwigchurr7744 Ай бұрын

Will be interesting to hear your view on silver. Thanks for your info.

@baldguymoney5568 27 күн бұрын

Sure thing!

@rickengman Ай бұрын

Great Video BG, as usual...I do appreciate the fact that we are able to get this kind of Info Weeks and sometimes Months ahead of the Curve on Patreon and Discord. I've recouped my Yearly Patreon membership Costs more than 10x with just the early discussions and Alerts on Miners alone not to mention your target Buy alerts for PM's... Keep up the great work, my Net Worth appreciates it. 😁

@baldguymoney5568 Ай бұрын

Rick - thank you so much for that comment. I appreciate all the support you’ve given.

@markbarnaart2381 Ай бұрын

You are right on the money Bald Guy as always ! Keep stacking Baldites !

@baldguymoney5568 27 күн бұрын

Thanks Mark.

@ddprepper5227 Ай бұрын

Excellent report

@Bobbydazzlla Ай бұрын

Of course we'd love to see your take on the silver prices holding their value. It's pretty much a given though seeing a silver coin that was produced 2000 years ago still holds up as having the same "buying power" to this very day. History tells us the answer to that question.

@robertsavage677 Ай бұрын

Silver analysis: yes please

@user-ql7yi1vt9g Ай бұрын

Enjoy all your information , Well done.

@markyp1135 Ай бұрын

Please do a similar video for silver. Thx.

@ricardoguerra6668 Ай бұрын

Thanks for all this awesome data! so much work done just for your viewers, and its appreciated. would love that video on the silver.

@baldguymoney5568 28 күн бұрын

You got it!

@bobsilver3983 Ай бұрын

My small silver purchase yesterday was a 1974 USSC "Camel Rentals" one ounce silver art bar.

@pally867 Ай бұрын

Good tips. Thanks.

@ChuckFinlan Ай бұрын

An analysis of both silver and stock markets would be appreciated. I appreciate your method of delivery of the data and the lack of data manipulation that is done sometimes by other sites.

@user-pc4wb6md6p 25 күн бұрын

Good job on those tables fren, God bless ya!!❤❤

@mitcheldavis8953 Ай бұрын

Yes! Very interested in the silver numbers.

@Evan-fu8uv Ай бұрын

Great breakdown love the show

@mikecardillo6281 Ай бұрын

Yes, I’d like to see your take on silver

@AdamHill-qh3mq Ай бұрын

Love you BG! Silver and Stock Market breakdown would be fantastic.

@baldguymoney5568 27 күн бұрын

Love you too bro! Thanks for the support.

@FrozenInCanada Ай бұрын

Thank you very much for your work on this. regards

@baldguymoney5568 27 күн бұрын

You are welcome!

@oldone58 Ай бұрын

BGM I would be interested in a silver breakdown as well. Appreciate the work put into your videos. Stay blessed amigo.

@tareqeh Ай бұрын

Great! Thank you for answering my question with a video! 😊

@baldguymoney5568 Ай бұрын

Cheers brother!

@edinnorthcarolina--ovelhog5786 Ай бұрын

Yes to a silver analysis.

@jean-louislalonde6070 Ай бұрын

Bald Guy Money deserves way more followers!

@baldguymoney5568 Ай бұрын

Thanks!!

@user-pc4wb6md6p 25 күн бұрын

Agree!!🎉🎉🎉

@HelmHarthGalley 18 күн бұрын

Thank you for your thorough assessment of the current market. Really enjoyed your in-depth knowledge and breakdown of what could be realistic expectations for gold. Truly informative. Thanks again for your input, research, and passion. Whenever you have time, I would love a comparison for silver, stocks, real estate, and pretty much any other investment vehicle. Love your channel! It feels real and not overreaching.

@baldguymoney5568 14 күн бұрын

Glad you enjoyed it! Thanks for watching and commenting. I have done silver this past Sunday - on stocks on Tuesday. Check them out.

@lesliefraze9685 Ай бұрын

Yes on the physical silver comparison! Thanks

@AudioNumeric Ай бұрын

Lol, as I begin to read all the plethora of comments, it has become apparent that we are WAY BEYOND 50 comment encouraging Bald Guy to give us his Poor Man’s Gold analysis…. 😂😂😂

@baldguymoney5568 28 күн бұрын

😂 I have to do it now.

@billysmith6284 Ай бұрын

I’m 50/50 gold and silver.. by weight, lead is what I have the most of

@user-ne6vg8gn6m Ай бұрын

i agree i think the krazies in office are going to start some drama at the end of the year.

@matthewmallan1995 Ай бұрын

Did you know?... You can actually use lead as a protective coating FOR gold and silver...if you add it to something called 'a gun'. Ain't chemistry great 😂 ✝️

@aidenfreedom Ай бұрын

I am all in on Gold, silver in UK is a dead dodo due to 20% VAT on ALL transactions, have only lost value on British silver over past 17 years, never yet made a penny, only on Gold, only wish I knew about real money=Gold when I was a kid in the 1950s, would have put every shilling in!!! You people in US are lucky not to have to pay such a premium on silver? You buy at almost spot!! Jammy dodgers

@antonioalford-el6208 Ай бұрын

They are trying to supress the silver. Can't tax p2p transactions and won't matter if the paper money has a reset@aidenfreedom

@royharris7135 Ай бұрын

@@aidenfreedomcheckout europabullion i always get my silver from them vat is very low worth a look

@consultaglobalbroker6273 Ай бұрын

Silver, please

@TheQuickSilver101 Ай бұрын

When metals take a large dip I'm happy to buy more than normal but waiting for that dip may take longer than you'd think and as the comment mentioned you might not get as good of a deal as you'd hope for. Still, we all hope for them because it's exciting to think you're going to get a great deal. It's funny how the mind plays tricks on you like that. Thanks as always!

@SIGP365 Ай бұрын

Thank you Bald Guy for a great video. Yes, please do the analysis for silver too. Love your channel.

@baldguymoney5568 Ай бұрын

You got it!

@GRNdave Ай бұрын

It also depends on whether you want paper or physical. In the 2020 market drop the premium on physical went way up and more people were trying to buy. Buy now while the premiums are low and then wait for the minimum 4X (for silver), in my opinion. Please review the silver expectation. Thanks

@MR-MasterLuna2020 Ай бұрын

Good day BG. Metals to real estate and silver as well. Thanks great channel. 👍🏻

@baldguymoney5568 27 күн бұрын

I did one on real estate recently. Will reshare soon.

@olegpetelevitch4443 23 күн бұрын

Im their ! Thank you !

@midamericaaviation1648 Ай бұрын

great video. Thank you!

@baldguymoney5568 Ай бұрын

Glad you liked it!

@brucegaskill3284 Ай бұрын

I really enjoy your content. Thank you

@baldguymoney5568 Ай бұрын

Glad to hear it!

@CommanderCody5533 Ай бұрын

This was great info once again. Yes, please do the same for silver. Thank you BMG.

@BudgieBob Ай бұрын

BGM, thank you for another great video! Please do this same analysis for silver. Thanks!

@baldguymoney5568 Ай бұрын

Looks like I got a lot of takers on that offer! :)

@hellokitty100ful1 Ай бұрын

Thank you so much for educating us. Would love to understand from you metal vs stocks investments and silver as well. 😊❤️

@baldguymoney5568 Ай бұрын

Noted!

@seninamak289 Ай бұрын

Yes. Please do an analysis for silver too.Much appreciated.

@user-jx4om8yp7e Ай бұрын

Yes, please do a Silver analysis. Thank you!!!

@paulmcclure7905 Ай бұрын

I'd like to see your silver data analysis. The more you know, you know! Thx

@tommaloney676 Ай бұрын

The silver analysis would be great, thank you!

@tjoslin53 Ай бұрын

Hello Bald Guy! Yes, please do the silver version of this video. Most people I know stack silver and knowing the data in this area would be helpful. Thanks

@keithdavis4457 Ай бұрын

Thanks Bald guy Your silver analysis would be appreciated too

@drumbummpops7618 Ай бұрын

Buy the dips and cost average. Silver and gold will become "unobtainium" at a certain point.

@WeeG-bwc77 Ай бұрын

Gold is likely that for most people even now. How many "average" work-a-day people do you know that can drop 200+ on even the smallest fraction of Gold on the regular?

@DrSchor Ай бұрын

how do you know a dip will come how do you know a dip is deep enough to buy If a proper dip does not come, will you never buy again gold can never be unobtanium because the price is always what people can pay for it.

@Cablelib Ай бұрын

Why would they become unobtanium?? These metals are found in nature and several million ounces are being yearly extracted and added to the worldwide stock of gold and silver

@SandwichKing-lj4ej Ай бұрын

True, I tried buying physical metal on dip around March 2020 and places sold out till price went higher

@davidhunter5062 Ай бұрын

⁠@@CablelibThey are not “found in nature” in the sense of trees, cows, grains, etc. …which are renewable resources. You cannot ‘grow’ or ‘raise’ more silver. It is a limited resource that is being continually depleted. While an ounce of silver still technically exists that was used in a warhead to blast “the enemy”, it becomes realistically nonexistent because it has now become unrecoverable. Each year silver becomes scarcer and the “easy to find veins” are not there like they once were. When the cost to mine them at current prices becomes unprofitable, the mining has to stop from a real world perspective. The scramble for what is available will result in empty shelves, hoarding, prices going parabolic, etc. You’d find it easier to find the “can’t find toy of the year” at Christmas (think cabbage patch dolls years ago) than to find a willing seller of silver at any sub-$50 price (just a randomly selected price). Unaffordable first, (feasibly) unobtainable afterward.

@jy9200 Ай бұрын

Thanks for a very informative video. Yes on the silver analysis.

@baldguymoney5568 27 күн бұрын

You got it!

@EclipesCinema Ай бұрын

Hey Bald Guy, first time commenting but have been watching your videos for quite a while, It would be really cool to see Gold and Silver compared to the DJI. This was a really interesting perspective and I am quite young so even really recent data is nice to me.

@baldguymoney5568 Ай бұрын

Thanks for watching.

@jammystarfish Ай бұрын

Please provide the same analysis for silver. Thank you

@NN-hq7fx Ай бұрын

Yes to silver analysis please and ty!😊 Enjoying your channel. Your presentation is very professional with clear and concise speaking skills

@baldguymoney5568 Ай бұрын

Thank you for the kind words.

@GOLDnSILVERStacker Ай бұрын

Hey BG great video, making me think if I should start buying a bit of gold instead of waiting for a dip. Another note, I just came back from Cuba, all the businesses there will not accept CAD$ or their own currency, or they’ll rip you off if they accept their own. Everything is priced in US$ and Euros are accepted at par. They say the Canadian dollar is worthless to them, $1 = .86 pesos and a US $ fetches around 300 pesos.

@mv504 Ай бұрын

Thank you.

@wvhaugen Ай бұрын

Another good video. I buy gold and silver so I have something to trade with after collapse. The saving aspect is secondary but has become a nice bonus the more I understand the current situation. Another diversification ploy that is underappreciated is gardening. Few people realize how much money can be saved or how beneficial it can be to put some capital and labor into your soil. Gold/silver is just part of my approach.

@mikelee2583 Ай бұрын

Sure, analysis of silver would be appreciated, thanks

@baldguymoney5568 27 күн бұрын

Noted!

@brittanyh8581 Ай бұрын

great video as always. i would like to see that for silver as well.

@user-oz6nd2bi5e Ай бұрын

Please do the analysis on silver and the stock market. Keep up the great work on these topics!

@fasteddy6170 Ай бұрын

Plus until there is an Audit of The GOLD held by all its impossible to obtain a Price . At the Moment GOLD & SILVER coin are Free

@youtubesucks2575 Ай бұрын

Good morning baldguy! I appreciate any content you want to discuss with us I learn every time you open your mouth.

@matzitroester7636 27 күн бұрын

Yes, please do the Siler review!

@davidduraes7773 Ай бұрын

Yes on both suggestions silver and stock market

@larapisicoli9614 Ай бұрын

Yes please do silver as well. Thank you very informative

@baldguymoney5568 27 күн бұрын

Will do!

@fliesarenegade Ай бұрын

Yes, please do the silver evaluation. Thanks!

@baldguymoney5568 Ай бұрын

Coming soon!

@mlangbert Ай бұрын

Good discussion.

@baldguymoney5568 Ай бұрын

Thanks for watching.

@richardchiriboga4424 Ай бұрын

I would love to see the analysis of silver!!!

@DavidJames-ms6rt Ай бұрын

Another great analysis BGM and yes please if you can do a Silver comparison next week. That would be great!! 😁

@baldguymoney5568 Ай бұрын

Seems that many want it - my hand is forced :)

@ericreen6168 Ай бұрын

Yes Baldguy do the Silver analysis 👍

@modelflyer2003 Ай бұрын

Yes do the silver analysis. Thank you.

@stanwells8217 Ай бұрын

yes, please. I would like to see the silver charts, also

@tomguu8569 Ай бұрын

Yes, please do analysis on silver and stock. Thanks

@MaddogJoe100 Ай бұрын

Yes, please. Silver analysis next week thanks.

@Tennyson138 Ай бұрын

Yes please do the silver comparison, Thanks

@goodwind6256 Ай бұрын

Yes please, do the same analysis for silver ! Thank you !

@quarter-py4nr Ай бұрын

Metals price will drop during the summer. Great video Sir. Extremely easy to understand, and informative.

@baldguymoney5568 27 күн бұрын

They could - a lot hinges on the July rate decision.

@bentexbenoit4020 22 күн бұрын

Yes, please do this same analysis for silver as you did for gold in this video. Thank you.

@baldguymoney5568 20 күн бұрын

Tomorrow!

@triggerfinger2607 Ай бұрын

Thank you BGM! Yes . . . please do the same for silver.

@NorthGAPrepper Ай бұрын

The stock market doesn’t move based on fundamentals. It wants cheap money. Lower rates is cheap money that would prop asset prices up.

@WeeG-bwc77 Ай бұрын

*currency, not money. Money has actual value, unlike the 1913 fiat ponzi

@rodpanhard Ай бұрын

The Fed is going th have to lower rates, the US government debt is too massive to see rates rise an additional trillion every 100 days. Rates go down and treasury bond rates won't sell so they are going to have to buy them themselves so the "money" for this has to come from somewhere so it's back to QE we go. The can gets kicked a little further down the road but the road is rapidly running out.

@edb3877 Ай бұрын

@@rodpanhard Unfortunately for the Fed, the US Gov is not helping them tame inflation, rather it insists on making the problem worse via its *massive* spending programs. Somehow, some way, we have GOT to convince those in power in DC that the fate of this nation is at stake and the issue is whether or not they will commit to reducing spending ASAP. If not, then the nation as we now know it is doomed by our own ambivalence. We are fresh out of quick or easy solutions to this massive problem.