How Much Gold & Silver To Own - A Guide to Minimum Ownership Needs

Рет қаралды 149,390

Күн бұрын

In this video I detail exactly how much in Gold & Silver each person should strive to own as a minimum.
Not as a percentage of your net worth - but an actual amount in ounces with a clear split between gold and silver.
I breakdown the exact reasons why I think every person should hold gold and silver, how I came to the amount that I recommend, and how low long it should take people of different income brackets to accumulate the amount I think is important to have.
In my conclusions section I also breakdown 4 key things to remember when accumulating gold and silver that everyone should consider when purchasing those assets.
Please remember that everything I present here is meant to be educational and I invite lively and respectful debate in the comments section. In addition to that, everything I say is backed up by logic or math - please remember that it is a lot of work to do these videos as I am not guessing or pulling answers out of a hat.
0:00 - Intro
1:30 - How much Gold & Silver I think people should have.
4:04 - Reason 1 of why I think people should own a certain amount of Gold & Silver.
6:18 - The path to achieving the right amount of Gold & Silver ownership broken down in time by income bracket.
7:55 - Reason 2 of why I think people should own a certain amount of Gold & Silver.
11:15 - Conclusion including the 4 key things you need to consider when investing in Gold & Silver (VERY IMPORTANT TO WATCH THIS PART!).
Links to data resources I used in this video:
Link to Gold & Silver Price Charts
goldprice.org/gold-price-char...
Link to Us Bureau of Labor Statistics Where I got income data from:
www.bls.gov/
Email: baldguymoneychannel@gmail.com
Twitter: BaldGuyMoney

Пікірлер: 992

@darykinnaman2319 2 жыл бұрын

As a single retired Man w/Dog I was able to accumulate 500 oz of silver and only 1/2 oz of gold. Because of two floods I went through I have learned to be really frugal and I can live on very little. I want to buy more gold, I am lucky to have anything. I think I will do alright in an emergency. Good video.

@baldguymoney5568 2 жыл бұрын

Thank you for watching and for your comment. Wishing you a happy day.

@MauiTheBengalCat 2 жыл бұрын

👍❤❤❤

@alexpearson8481 2 жыл бұрын

Brilliant wisdom. One of the best, most satisfying comments I have ever read on KZfaq. That’s how we live our life. Grab those gold ounces pal. 👍👍

@davidortiz3094 Жыл бұрын

500oz of silver is really good. More than good. Buy fractional gold. 1/10oz & 1/4oz of gold.

@svengieszler3317 Жыл бұрын

@@baldguymoney5568 ,, Osmium '' Rarest precious metal on Earth

@Eli-qr9hc 2 жыл бұрын

Thanks for answering what others don’t suggest, it’s nice to hear how others stack and what their own guidelines are.

@baldguymoney5568 2 жыл бұрын

Thanks for the comment and thanks for watching.

@dynatroniX86 2 жыл бұрын

“This is a marathon not a sprint.” Love it. My second time watching… need to really keep stacking. I’m getting there!

@baldguymoney5568 2 жыл бұрын

Hehe - that's me trying to spread the message without the panic. Cheers!

@andrevc75 2 жыл бұрын

So nerdy, analytical and I LOVED IT! LOL! I appreciate the thoughtfulness...I like this as a base amount, the world would be better if we could follow this.

@slapdat.byteme Жыл бұрын

Agree strongly with diversification. As much as my wife and I love stacking, which is currently 200+ oz silver and 40+ oz gold, it’s a small portion (2%) of our total assets which include real estate, individual stocks, mutual funds and cash. IMHO, each has an important place in our finances.

@mavericklewis4392 Жыл бұрын

Facts

@slapdat.byteme Жыл бұрын

@@mavericklewis4392 ??

@Silverhands Жыл бұрын

Beast

@McRuffin Жыл бұрын

You have that much silver and gold and it’s 2% of your portfolio? That’s crazy. Well done! I’m still building up my assets. All the best to you!

@slapdat.byteme Жыл бұрын

@@McRuffin Thank you. We’re in our 60’s and retired… we’ve truly been blessed, but we also found the harder we worked and the more we saved, the more blessings we received. Wish you the best too.

@icelandic_mughal2223 2 жыл бұрын

The most balanced video as regards to accumulating precious metals. I am accumulating it as insurance rather than a vehicle for financial windfall. I agree with your estimates, they are spot on.

@baldguymoney5568 2 жыл бұрын

Thanks Mughal - I hope you will check out some of my other content too. All the best.

@Eli-qr9hc 2 жыл бұрын

I shared this vid with 10 precious metal fb groups. I like that it’s YOUR option but it’s good to hear from people like you that could be a simple framework of stacking. Thanks.

@baldguymoney5568 2 жыл бұрын

Thank you so much for sharing! I am aware that many people are gold & silver maximalists - they may not fully agree with what I am saying, and that's ok. I invite discussion and dialogue. Cheers and thanks again!

@ChaplainDaveSparks 2 жыл бұрын

Yep, and not only to store but also to *bug out* with, if that scenario concerns you.

@followedd 2 жыл бұрын

Awesome video, and very useful. Great reference. Thanks a lot for sharing your strategies!

@PeacockRhino Жыл бұрын

Interesting watching from Britain. Over here the 20% tax on silver vs 0% on gold really changes the equation. We're also fortunate to have easy access to sovereigns which are affordable and desirable all over the world. The last coins with the Queen on I think will develop a nice premium over time.

@johnfadds6089 Жыл бұрын

That old hag? I'd rather have Sonic the Hedgehog.

@JohnDavis-ed5sg Жыл бұрын

Go for second hand silver with no VAT. Bullion by Post have some. There is a premium over new but it's way less than the VAT, and it's good to think the government is not getting it to waste.

@UserError7861 Жыл бұрын

Believe you guys are supposed to be able to buy the royal mint coins of .995+ purity without having to pay that tax. That might be something for you to look into further. Can’t say for certain, but have seen many comments about no taxes on royal mint silver coins. So maybe limited to buying silver Britannia coins, but may open up more options without taxes.

@PeacockRhino Жыл бұрын

@@UserError7861 There’s no capital gains tax on any Royal Mint coin because they’re legal tender but you have to pay VAT at 20% on any new silver coin. If it’s a second hand coin then you pay VAT on the seller’s premium only. Bars are taxed like any other asset so lower premium but much less desirable tax treatment.

@chrisblanc663 10 ай бұрын

I doubt the queen will develop collectors status any time soon. She is currently the monarch on more money then ANYONE else in the world. She is, after all, the longest living monarch in modern history.

@davidpaul2914 2 жыл бұрын

Depends on your age, assets and goals in life. Personally at 60 I hold silver to gold 800oz to ever 1oz at present but will sell down once the gold to silver ratio drops. With no debt, debt free secure property with a RV, truck and some fiat in my hand. God Bless thank you brother 🙏👍

@baldguymoney5568 2 жыл бұрын

Thanks for watching, and thanks for commenting. Sounds like you have got something good going on. Wishing you nothing but the best moving forward!

@wlin1011 2 жыл бұрын

Great job explaining to new stackers, people really need to get educated on how important precious metals are. Keep on stacking , you got a new sub!

@baldguymoney5568 2 жыл бұрын

Thank you! More content coming on different wealth building topics. The more educated we are - and the more we support each other - the better chances we have of succeeding.

@quantumtechcrypto7080 2 жыл бұрын

History shows you are your best asset, especially when everything in the market is manipulated. Not saying don’t invest and diversify but your knowledge skills and abilities determine your success in life not necessarily manipulated assets.

@ferebeefamily 2 жыл бұрын

I agree also Winston. I just subscribed. He did a good job explaining it.

@mickeybrown9052 2 жыл бұрын

Great info. The breakdowns of how much to own, how long it should take to acquire, etc. are very useful guides.

@baldguymoney5568 2 жыл бұрын

Thank you s much for your feedback. I will certainly do more videos like it in the future. Cheers.

@richh1576 2 жыл бұрын

The quanty amount purchased is IMPORTANT. Currently the US government requires a mandatory reporting by the seller on any amount purchased that is near to the proximity of $10,000. and that is for the total purchase within a month or two. Buy your bullion on a non-structured basis and BELOW $10k lot quantities to avoid disclosing exactly how much you HOLD (outside of the bankiong system, etc.). This way there will be a minimum knowledge of how much government will be able confiscate from you. Also change your bullion dealers on a semi-regular basis - for the same reasons above.

@baldguymoney5568 2 жыл бұрын

Hi Rich - thanks for your take. Please remember that the reporting of transactions above $10 000 was a counterterrorism measure taken after the 9/11 attack (tragedy) to look into people funneling money to terrorists, or using it for other nefarious reasons. I am not saying the US government doesn't misuse this information - but what I will say is that trading Gold & Silver is such an entrenched part of the financial system these days that I am pessimistic they will confiscate gold/silver as the government acts in the interest of banks and Wall Street (sadly). That narrative has existed since 1933 as the US Government foolishly did that once - but history doesn't always repeat (it just tends to rhyme a bit). There is more likelihood from my point of view that the could come after certain types of crypto - but I am pessimistic about outright confiscation. Thank you though for your point of view - different points of view are welcome here - and I think we agree on more things than disagree. Cheers!

@EverettGRC 2 жыл бұрын

First time watching one of your videos! Good job explaining things I enjoy your perspective. 👍

@baldguymoney5568 2 жыл бұрын

Thank you so much - my next video will be dropping tomorrow. I hope you'll give it a watch too. Cheers.

@theashtonshow4163 2 жыл бұрын

Enjoyed the video. First time watching the channel. I'm at 5.5oz of silver for the year so far. Saving for a 1 oz gold coin right now.

@baldguymoney5568 2 жыл бұрын

Thanks. I am working hard on more content now - I hope you'll stick around and that you enjoy it. Cheers.

@dproulx222 2 жыл бұрын

Liked and subscribed.... I like your non biased analysis... I also see you are not a dooms day prepper and are simply out to share what you have learned. Thumbs up.

@baldguymoney5568 2 жыл бұрын

Thanks D - I am an optimist who believes that we as people are able to adapt. I am also a realist, and when I see how many people have expired waiting for the end of times I just have to ask myself "ok, how bad can this really get" - the answer has never been "end of the world".

@baseball373 2 жыл бұрын

I finally reached my goal several months ago... I have been a Silver & Gold stacker since 1998 when Silver was $3.50 per ounce... My Goal was originally 10 monster boxes of ASE and I reached that by 2008 and I upped my goal to 20 but have been struggling to get there for the last 12 years as the Monster Box price increased from $3,200. to $18,000. I am now all in and holding..

@quantumtechcrypto7080 2 жыл бұрын

Now all we need is your address. Oh wait we already have that. Thanks, The government.

@peterpete3125 2 жыл бұрын

Well done.

@johnlmchan 2 жыл бұрын

Congrats on the achievement!

@rphb5870 2 жыл бұрын

what about gold and platinum?

@hOtneO 2 жыл бұрын

Could've put that money to work since the late 90's in tech stocks & real estate. Instead gold and silver was down for much of the last 3 decades. Yeah you got silver for $X dollars, but everything has gone up to $XXX dollars, and silver is struggling at $XX dollars for the last decade? Why do you need so much? It's going to be a problem when you need to move quickly. What was something that you saw or made you think to put lots of money into this way early? I'm trying to understand how someone could think the sky is falling and to hedge inflation when the economy was really good for 30+ years. I'm assuming you're probably older than most stackers & this is more about passing to heirs than for yourself to spend and enjoy?

@snakebyte7271 Жыл бұрын

I'm currently 3 oz short of gold to meet the minimum as stated but over on the silver.I have been concentrating more on gold right now, great video.

@jduff59 2 жыл бұрын

I agree with your minimum and split. Liquidity is crucial, but not at the expense of bloated premiums. I used to stack SAE's but I switched to Britannias and Krugerands. For Gold - Sovereigns and 1/4th ounce coins are still of good value/low premium and tend to be very liquid. 10 ozt. RCM bars are excellent quality. I wait for a sale and a dip and buy 5 to save on tax.

@baldguymoney5568 2 жыл бұрын

Thank you very much for watching! All the best.

@Johnsmith46392 2 жыл бұрын

This is the smartest break down of how much a person should own that I’ve seen.

@baldguymoney5568 2 жыл бұрын

Wow - thanks for the compliment. Have a great day!

@dynatroniX86 2 жыл бұрын

Awesome video. Subbed! I’ll next watch your silver prediction video. Thanks!

@baldguymoney5568 2 жыл бұрын

Thanks for watching!

@timbennett7211 2 жыл бұрын

Great video and good common sense ideas...thank you!

@baldguymoney5568 2 жыл бұрын

Thank you! I am glad you enjoyed it. More coming. Cheers.

@FutureInvestmentsBullion 2 жыл бұрын

Great video. I believe it's relative to each persons own ability to invest.

@banteringboomer4280 2 жыл бұрын

that coin is priceless ....the history attached to it defies our current values

@jimjohngirard Жыл бұрын

Wise and prudent advise.....I've been purchasing gold since it's price was $280 per ounce.....I knew this was coming....the only surprise is how long it has taken.

@VerticalStacker 2 жыл бұрын

Very interesting. I was pleasantly surprised to see your 8% mark as that is what I do in my own stack, although my parameters are a bit different. I like the "buy the seller" point. That's very good advice!

@baldguymoney5568 2 жыл бұрын

Thank you very much for watching and commenting. Buying the seller is more important now than ever. There are so many scams these days it's impossible to keep up with them all.

@daljitsingh549 2 жыл бұрын

Great video, your numbers are about right,I measured what I got and how long it took, and your chart was near enough spot on, but I'm speeding up now, I'm silver stacking more than gold.🙏🏼❤🏴󠁧󠁢󠁥󠁮󠁧󠁿

@baldguymoney5568 2 жыл бұрын

Thank you for your feedback. I take my work and image very seriously. Guessing numbers (like many KZfaqrs do) is not good enough for Bald Guy :) Wishing you success and financial freedom!

@jhurt3824 2 жыл бұрын

@Tazdingo01 2 жыл бұрын

First time viewer. Interesting take. Subscribed.

@baldguymoney5568 2 жыл бұрын

Thanks for watching and thanks for the sub!

@aucourant9998 Жыл бұрын

Brilliant. This is really excellent.

@baldguymoney5568 Жыл бұрын

Thank you!

@georgemontgomery9422 2 жыл бұрын

When I got married in 82 one of the best things, we learned to do was keep our pantry and freezer full. Countless times we didn't have enough money to handle an emergency and buy food. Just keep the stock rotated out so it's always good. Buying in bulk does pay off in the long run. We had a Sam's club card and we put it to good use.

@baldguymoney5568 2 жыл бұрын

Hey George - I absolutely agree. When Russia invaded Ukraine I immediately stocked up on flour and am happy that I did. Speaking about marriage though - it's always a tradition of mine to give a silver coin on top of a cash gift. All the best!

@DrSchor 10 ай бұрын

what do you do with a full freezer when the emergency is a blackout?

@newmissionusa Жыл бұрын

I think it’s truly fascinating to think about the hands that denarius went through and what it might have been used for. Imagine someone back then working their rear off to put food on the table, or someone that used it to pay off a debt. Need to get me one. Great video.

@baldguymoney5568 Жыл бұрын

Would you like to see a video on what a silver denarius could buy you in Roman times vs. now (based on weight)?

@newmissionusa Жыл бұрын

@@baldguymoney5568 Yes that would be interesting to hear your thoughts (at least it would be for me). I’ve made some rough calculations on wheat and work wages but I had trouble with comparing it to goods/services today.

@mmills264 2 жыл бұрын

Great presentation and really nice work.

@baldguymoney5568 2 жыл бұрын

Thank you for watching and taking the time to comment. All the best!

@thepianoappraiser Жыл бұрын

I’ve never watched a video and found myself taking screen shots before! Great general guidance dude 👍🏽

@baldguymoney5568 Жыл бұрын

That's awesome. Thanks for commenting! Glad you enjoyed it.

@jeffcauhape6880 2 жыл бұрын

It is always interesting to hear people discuss what the minimum amount of precious metal a person should hold. Regardless of what path they take to get there, most folks offering an opinion end up in the same ball park. About the premium: While there is no point in paying more than you have to, I wouldn't get hung up on it. Remember that the 'real' price of silver is spot + premium, and if the spot price is being manipulated downward, it would be natural to expect the premium to increase to fill the gap to the real price. Lynette Zang was discussing the role of gold and silver in a currency collapse, and she mentioned that during a currency collapse in Latin America you could have bought a city block of real estate -- and everything in it - in the capital city for 25 ounces of gold. I forgot which country she was talking about, but you might consider that a bench mark for worst case scenarios.

@regal953 Жыл бұрын

Not LatAm but old Prussia

@rsknickelbein8012 Жыл бұрын

Right. Agreed. And if you live in a rural small community factor in that prices are not like in the metro areas. So maybe you don't even need that much. But if you can accumulate good for you all;)

@jeffcauhape6880 Жыл бұрын

@@rsknickelbein8012 I've heard it suggested that a middle class household ought to have 5 ounces of physical gold, so that during the recovery after a dollar collapse, they will have the resources to still be middle class. This isn't money to spend during the collapse, but what to have when you come out the other side.I have also heard that if the gold/silver ration returns to historical averages, that 75 ounces of silver is the equivalent. My thinking is that it would be good to have both. Silver for during the collapse and gold for afterwards.

@teo_8666 2 жыл бұрын

Fantastic video, accurate and rational. Thank you. I have reached my goal in 4 years of stacking, 10 Oz of gold, 160 Oz of silver. As a double citizen (European Union and British) living in the UK, I store my precious metals across two different countries, in different locations, giving me edge against political instability. Although the goal has been achieved, I will never really stop adding metal. Trying to add at least a quarter ounce gold coin every one or two months.

@baldguymoney5568 2 жыл бұрын

That's fantastic! Congratulations on achieving your goal and thank you for watching.

@thedarklandsmusic Жыл бұрын

you make it sound like your in the big league..

@koinkollector2873 2 жыл бұрын

Thanks, great advice

@fazotakeiteasy 2 жыл бұрын

Nice video... good content. First time viewer- will be looking to see more of your videos.

@baldguymoney5568 2 жыл бұрын

Thanks - next video is dropping soon. I hope you enjoy it.

@silver-en7kl 2 жыл бұрын

Very fine advice. 4- 9’s fine.

@baldguymoney5568 2 жыл бұрын

Wow!! Thank you! I was just speaking to my son about the difference between 3- 9's and 4- 9's :)

@jimmyboy131 2 жыл бұрын

My split is very much the same. The majority of my silver is in 90% US circulated coins, but mostly in uncirculated condition: dimes, halves, quarters. The rest are mostly Libertads/Onzas. For gold it's largely the same: formerly circulated 90% coins, both US and Mexican, or their equivalent modern commemoratives.

@keithknechg3217 Жыл бұрын

I was just doing a stack check / spot price at todays price and found two liberty peace dollars mixed in with generic silver rounds....sloppy stacking on my end.🙄

@sickbabytroll9411 2 жыл бұрын

I like your channel. Keep it up im sure you will grow tremendously fast.

@baldguymoney5568 2 жыл бұрын

Thanks. The response from people has really overwhelmed me thus far. I didn't realize there were so many people interested in these topics. All the best! Wishing you successes.

@helgisprengjari9643 2 жыл бұрын

ten out of ten for creativity, Thanks ⭐️ ⭐️ ⭐️ ⭐️ ⭐️

@baldguymoney5568 2 жыл бұрын

Thanks - I hope that's a compliment hehe. Cheers!

@Hank_Steiner 2 жыл бұрын

I would also say make sure to have some fractional gold coins as they are more liquid in my experience. I personally like full and half sovereigns as they are readily available where I am.

@kevinsturgeon8414 2 жыл бұрын

50% is best

@jeremyrich1215 2 жыл бұрын

I think your information makes good sense. It allows for people who have little income to achieve something worthwhile. I am not into the wealthy bragging there excessive amounts in these comments because their selfishness sux. Power to all people.😎😎😎

@baldguymoney5568 2 жыл бұрын

Thanks for watching and thanks for your comment. I simply wish everyone the best. That said, it's not in great taste to boast about wealth. We're all trying to get there, and we may not all take the same path. Just remember, it's within our reach!

@danfaller1089 2 жыл бұрын

Your the only guy ,who really gave an amount ,people should hold.

@baldguymoney5568 2 жыл бұрын

Thank you. On this channel I am trying to do things differently vs. the status quo. I hope you enjoyed it. Cheers.

@bricehawley6693 2 жыл бұрын

Subbed on the first video watched. Great content!

@baldguymoney5568 2 жыл бұрын

Thanks for the kind word words Brice. Wishing you all the best.

@ownsilver 2 жыл бұрын

About 30% of my wealth is in physical silver 45% is in real-estate 15% is in cash (US currency) and 10% is in dividend paying stock I also have no debt since 2009

@ricois3 2 жыл бұрын

No gold?

@theambiguoustruth8167 2 жыл бұрын

I have similar minus the homes. Hoping to acquire a few with my silver in a year or so.

@wildnature1881 2 жыл бұрын

30% is a large stake! I would personally allocate more into stocks, different strokes for different folks I guess.

@ricois3 2 жыл бұрын

@@wildnature1881 Depends on your net worth, your risk tolerance, your age, etc.

@theambiguoustruth8167 2 жыл бұрын

@SHY MURDERER tell me yours first!

@Alan-pv2bi 2 жыл бұрын

Been stacking since 2008, fortunate to have added RCM 100 oz bars Flat ,easy to store and conceal. Some Maples too but also "junk silver" , mostly pre 1967 🇨🇦 1/2 dollars. Not only beautiful historical coins but also recognizable currency containing 0.3 oz silver. If it hits the fan and the price of silver skyrockets, I'll go for food with 1 or 2 dollars face value

@baldguymoney5568 2 жыл бұрын

Thanks for watching and thanks for commenting. I think the poop hitting the fan will be high levels of inflation brought on by massive government spending of easily inflatable National Digital Currencies (also known as CBDCs) comes about in the not so distant future. It means FIAT currencies will remain - but holding that silver will be very important if you decide to trade it for something like real estate in the future. Cheers.

@billstrauss2754 2 жыл бұрын

Great advice we’ll diversified that’s the key to all investing

@baldguymoney5568 2 жыл бұрын

Thanks for watching - my mission is education. All the best!

@mothballjim 2 жыл бұрын

Great channel. You deserve more subs!

@baldguymoney5568 2 жыл бұрын

Thanks! I am grateful for the subs I have - hopefully more coming.

@glenh4971 2 жыл бұрын

You do a good job of expressing your opinion concerning precious metals. Thanx for that. For the novice stacker I think your initial goals of 5 oz of gold and 200 oz of silver is reasonable. Above that, I think it is a good idea to look into private vaulting. If a person can learn to live within his means and stay out of debt, precious metals is not a bad way to save. You still have to save cash and if you want you might want to buy stocks as well. There is no right way to save. There are many ways.

@baldguymoney5568 2 жыл бұрын

Thank you for that great comment! Many precious metals stackers / investors sometimes underestimate the importance of having a certain level of cash liquidity (which I personally think is important). Having that liquidity allows you to take advantage when there are crashes or corrections. I am personally keeping a large cash position right now in anticipation of a correction in the housing market. A large portion of my net worth was built in the last crash and I was able to convert some of that investment into income generating real estate. Have a great day and thanks for watching.

@11Talltree 2 жыл бұрын

Bald Guy Money .

@mysterybuyer3738 2 жыл бұрын

Private vaulting? If you don't hold it you don't own it.

@ALFAJERKBFH 2 жыл бұрын

I bought 90% of my metals from APMEX. That place has a great selection and it's easy for beginners like me. This channel helps a TON!

@baldguymoney5568 2 жыл бұрын

I am very happy to hear you are getting something out of these videos - it makes it all worthwhile. Cheers!

@jduff59 2 жыл бұрын

APMEX is the Gold Standard of bullion dealers. I've had great experiences with them.

@egyptianhebrew91 2 жыл бұрын

JMBULLION IS CHEAPER

@monkeyspeaks7258 2 жыл бұрын

Apmex is expensive compared to the others. Jmbullion/provident, bullion exchange, sdbullion, silver gold bull, etc..

@NeoAndersonReloaded 2 жыл бұрын

Go to apmex ebay. Prices lower/free ship/ rewards/rakuten

@drumdad1242 Жыл бұрын

Great video. Liked and subscribed.

@baldguymoney5568 Жыл бұрын

Thank you so much. I hope you will check some of y other videos - they may interest you.

@MetalHeadMoney 2 жыл бұрын

Good content Bald Guy - subscribed!

@SilverSergeant 2 жыл бұрын

This is my first time here. I have been stacking intermittently since 2011. I am currently sitting at 4/1285 (actual G/S weight ratio). I really need to concentrate on acquiring more gold (especially since gold premiums are much more attractive). I like what you have presented, and I just subscribed. What do you see as the role of constitutional silver in a stack?

@baldguymoney5568 2 жыл бұрын

Hi there. Thanks for watching and thanks for the sub. Although I have constitutional silver and believe in its value, I see it more as sprinkles on top of my stack if I am in a position to get it. I don’t personally go out of my way to collect it as I see more value in sovereign coins and bars from reputable dealers as they are in demand and easy to liquidate (should I need to or want to one day). All the best!

@nr.17 2 жыл бұрын

@@baldguymoney5568 constitutional is just as easy to liquidate, if not easier. Smaller premiums than sovereigns

@baldguymoney5568 2 жыл бұрын

I think it depends where you're located. I am not based in the USA, and I have witnessed issues with people liquidating constitutional silver. In the 21st century, people move around a lot, so it's something you have to consider if you're located, or may be located outside of the USA. And again, I am not saying it's impossible, just more difficult. I hope you see my point of view.

@nr.17 2 жыл бұрын

@@baldguymoney5568 That makes sense. I have lived in various areas within the USA and can say it is very liquid here in different states. Completely understand your situation though and how that may not be the case at all in many other countries

@baldguymoney5568 2 жыл бұрын

Currently I live in Dubai - the only way to liquidate it would be peer to peer sales platforms, and dealing with the people on there can be frustrating at times :)

@silverdude2053 2 жыл бұрын

Nice video! What are your thoughts on paper silver vs physical silver ?

@baldguymoney5568 2 жыл бұрын

Hi - thank you for watching and thanks for the question. I did another video where I go over what I think the price of silver will be in 5 years - please check it out. In it I very briefly touch on the topic. With respect to ownership, I think it's important to own physical gold and silver (whether you store it yourself or in a vault). My opinion of paper silver is that it is not going to be as prevalent moving forward due to some high profile court cases, and the concept of Basel III. That said, we should achieve some level of normalcy (not total) over the next 5 years as demand for physical silver in industry is set to surpass annual physical supply / production.

@silverdude2053 2 жыл бұрын

@@baldguymoney5568 Thanks for the reply. Will watch the other video you mentioned.

@Virtueformula 2 жыл бұрын

Hahaha sorry for the bad question. I found this video 30 seconds after asking my question. I love this type of concept.

@TheGilbalfas Жыл бұрын

This is good quality information.

@harryzero1566 2 жыл бұрын

Iv been down many paths in my stacking journey. The answer is quite simple, as much silver as you can carry on your back, and as much gold as you can carry in your pockets. You need your hands free to carry and operate the tools to stop them being being taken off you. So that's about 20kg silver and 2 to 4kg of gold, Curiously the 10 - 1 ratio.

@baldguymoney5568 2 жыл бұрын

Hi there. Thanks for watching and commenting.

@thomasmacdonald1946 2 жыл бұрын

I'm so close to that goal. I'm at just over 200oz silver and 3.5oz gold. I keep most of my gold in different size fractional pieces nothing over 1/4. It give me a little more Premium and a larger amount of buyers versus 1oz pieces

@baldguymoney5568 2 жыл бұрын

Great work! Thank you for sharing. All the best.

@88amona 2 жыл бұрын

Just subbed. Thanku for your view points 😎🤙

@baldguymoney5568 2 жыл бұрын

And thank you for the sub! Have a wonderful day ahead :)

@christophermccormick8670 9 ай бұрын

Sound fundamental advice. Ratio makes sense to me. Thanks for your work Bald Guy. Cheers 🥃

@baldguymoney5568 9 ай бұрын

Cheers Chris! Hope you had a great Labor Day Weekend.

@DrSchor 5 ай бұрын

too bad no one advised you on how to spell advice

@Tammy10018 2 жыл бұрын

Good video thanks. I disagree with you regarding property being a better investment. In South Africa, the government is trying to confiscate private citizens property. They call it expropriation without compensation. They are also looking at state custodianship of all property. We are not sure if this includes all of our assets. Very stressful times that we are going through

@baldguymoney5568 2 жыл бұрын

Thank you for watching, and very sorry for your experience. I have many friends from South Africa and Zimbabwe and I am very familiar with the practice. Many of my South African neighbors either have another passport or are in the process of getting another passport. Sadly for people with corrupt governments, getting another passport seems to be a must these days. Wishing you a bright future! Cheers.

@alexpearson8481 2 жыл бұрын

Sad to hear mate. I worry about my small troubles and you just gave me a reality check. You know there was a story of a family that left SA, (the son is now a prof at MIT) they were in dentistry. They moved to the US and exported their wealth via diamonds. They shipped the x-ray photographs for processing in the United States and put the diamonds in with those. Then, they had a family member receive them at the other end. Also a dentist. Apparently the density similarity between x-rays and diamonds the machines can’t see them. Best of luck my friend. I hope things settle down for you.

@phoenixmichaels Жыл бұрын

As a hedge against currency collapse, one has to have enough gold/silver in hand to be able to start over without living under a tarp on the sidewalk. My standards for that are high... but for the average person 500 ounces of silver and 10 ounces of gold have to be the bare minimum. If one considers the amount of crap they purchased over the last 10 years, you will quickly see how this could have been achieved even by a regular working stiff. Did you buy a new TV screen or phone with your tax refund? Should have bought an ounce of gold and some silver to boot. Have you been making payments on a nice car, rather than drive a paid-for older vehicle? That $600 a month would have purchased 4 or 5 ounces of gold in a single year back then. To make this happen, one has to prioritize it.... or else you are sitting on a small handful of junk silver and somehow satisfied you at least did something. Not nearly enough.

@ferebeefamily 2 жыл бұрын

Thank you for the information.

@baldguymoney5568 2 жыл бұрын

Hey Farmer - my pleasure. Have a great day!

@gregg.scarlato5630 10 ай бұрын

Fantastic Video

@baldguymoney5568 10 ай бұрын

Thank you very much!

@stevesilver7437 2 жыл бұрын

It seems with the higher price of #silver . It has made silver mines kick in. The silver mines are getting way more output in the last 5 months. Miners are still selling silver easy at $25 ounces.

@baldguymoney5568 2 жыл бұрын

Thanks for the comment - I agree with you. That is why I personally will not pay $33 for Silver Eagles!

@commodityjane 2 жыл бұрын

I think a good point would be that you would need a lot less of pm's to equal the value of all the fiat money you think you are worth. Maybe 8% of what your net worth is in gold and silver, would be enough to cover perhaps a total loss of wealth in fiat when runaway inflation takes hold.

@baldguymoney5568 2 жыл бұрын

Excellent point! That's a great exercise to run - I will have to look into it.

@exiledmonastic4650 Жыл бұрын

Can you elaborate on that? Doesn't make sense to me. This might have worked at lower prices but with the current ones? Lets's assume someone has 10.000 $ and buys gold for 1.000$, so like half an ounce or whatever. How would that be enough to give back the equivalent of 10.000 $ after a currency collapse or a new currency?

@commodityjane Жыл бұрын

@@exiledmonastic4650 The definition of inflation is the over printing of fiat currency. The more inflation takes hold, the less the dollar is worth. This makes the value of gold, a stable store of wealth, look like it has gone up in value nominally, especially at a point of runaway inflation, when everyone actually stops having faith in the dollar as a store of value, and turns to gold and silver, and other commodities. Gold has intrinsic value; dollars are IOU nothings, backed by nothing because every time they print more of it, the debt increases. This is why they cannot indefinitely do this, although they want you to believe they can, this is to discourage you from purchasing gold as insurance against the dollar losing value. Hope that helps

@exiledmonastic4650 Жыл бұрын

@@commodityjane hi, thanks for taking the time! all of this makes sense to me, but how does it explain that you only need 8% of your net worth in gold to 'restore' your full net worth at a later time? sure, when hyper inflation happens, you can restore the same numbers relatively quickly, depending on how quickly the currency loses its value, but then you only restored the number, and not what it was originally worth, since everything around you loses value too, right?

@commodityjane Жыл бұрын

@@exiledmonastic4650 In a hyperinflationary scenario, which is hard to imagine as we've never actually been in one, while currency loses its value, gold holds on to value. It would probably be good as an item of trade, but in very small amounts. This is why silver becomes a more practical mode of every day transaction. The nominal value of metal, or any commodity, would be hard to pin down due to money losing value every hour of every day. It's conceivable that you could buy a house with a few coins, for example, but maybe fewer coins the next day. Percentages are hard to pin down in a case like that. The point being, gold and silver are real money, always have been, and back the currency. Or it should. When they can't spoof the prices anymore, gold and other metals should increase in price very quickly. It won't make you rich, but it is a kind of insurance for your wealth.

@JohnAdams-rm7zm Жыл бұрын

New subscriber ✊ I love your point of view and enjoy your videos.. After 2mo stacking I’m at 9.1/292 gold to sliver, I would like to get to 10/500 sometime soon.

@JohnAdams-rm7zm Жыл бұрын

Update getting closer to my goal, now I’m at 9.1/452 ✊

@Patriot1777 2 жыл бұрын

I am with you on stacking silver, the future demand will be around the corner.

@baldguymoney5568 2 жыл бұрын

Going to post a video about this soon. I have done some analysis of price charts showing manipulation and think I have a time frame of when we can expect a breakout (most likely to the upside). Look out for it soon.

@josephl6896 2 жыл бұрын

Alternate answer: If you have a Federal Reserve Note, and you don't want it to lose its purchasing power over a long period of time, buy PMs with it. You can apply this to any FRN you don't need sitting in your bank account to pay bills.

@williamlackey123 2 жыл бұрын

What is FRN?

@DJChrisArgueta 2 жыл бұрын

@@williamlackey123 I'm going to take a guess: federal reserve note, I think.

@josephl6896 2 жыл бұрын

@@DJChrisArgueta Yes! Acronyms FTW!

@manthing1467 2 жыл бұрын

When you have 2 kilos of silver sitting next to 1 oz of gold it really makes ya feel that silver is undervalued.

@baldguymoney5568 2 жыл бұрын

Absolutely. That's why I think securing a 40:1 ratio is better than a 71:1 ratio. Thank you so much for watching and commenting. Wishing you all the best.

@kostadinustavalkov1902 2 жыл бұрын

Awesome content 👏 👌 subbed

@baldguymoney5568 2 жыл бұрын

Thank you. The next video will come out today. Cheers.

@getx1265 2 жыл бұрын

New sub here. I enjoyed your thoughts and explanations.

@baldguymoney5568 2 жыл бұрын

Thanks! More coming soon. Cheers.

@helenbrooks4787 Жыл бұрын

I had 3 ounces of gold, but the recent gold silver ratio being so ridiculous being over 90, I decided to trade in 2 ounces of gold for silver.I think silver is massively undervalued, and I believe, as do many You Tubers, that silver will rise more than gold. It's a gamble, but I know that silver is manipulated more than gold, so it should go up more than gold.Good luck to all, I think we are all going to need it in the very near future.I also took into consideration the U.S. Debt Clock's value of both gold and silver, and silver blows gold away in this category, with $12,000 gold, and $900 silver, which is a 13.3 gold silver ratio.Thirteen ounces of silver, will cost, maybe $300, one ounce of gold is $1,750, which makes it very obvious, if the Debt Clock is correct, which metal is the best value right now.

@Johanneke2024 Жыл бұрын

Have you seen the debt clock lately? The values on AG and AU are gone…. I think above 1/40 on gold silver ratio always stack silver since that ratio has to decline in the future..

@DevineAbyss Жыл бұрын

@@YBehri My gut feeling sais that Silver may very well outperform the MSCI world at some point. Silver is just so undervalued right now. Gold is "just" a safehaven, but I view Silver as a decent safehaven and great chance in the same investment.

@DevineAbyss Жыл бұрын

@@YBehri I am aware that this is speculation. But the chances with silver are objectively higher to have heavy gains. Current market cap is tiny. Also paper-silver ratio is extreme. Also silver is generally more volatile than gold, which means more risk but also more chances.

@SilverBritches 2 жыл бұрын

The gouging from the major bullion dealers has made me switch exclusively to gold. Dealers pay $2.35 premium for one silver eagle then sell them for $10 premium each. With 30 million plus sold last year I don't think it was a supply issue at all. Demand surge equates to greed. They did the same thing during the great recession.

@baldguymoney5568 2 жыл бұрын

Thanks for your comment. You may have a point there. Back during the Great Recession though the spot price jumped up to $50 per ounce. Truly wild times - but it will retrace to that level in my opinion. It's only a matter of time. Have a really great day!

@SilverBritches 2 жыл бұрын

@@baldguymoney5568 it took multiple years to achieve that price. It only lasted weeks. I have enough for the speculation run but I'm not into making dealers richer. I touched on this myself in my own way 👍🏼

@drjones762 2 жыл бұрын

Premiums on ASE’s have always been a bit high.

@JALRML1251 2 жыл бұрын

I have over 2,300 ounces of silver. I will probably never need to sell it but my kids will really appreciate it. My issue with gold is how would you use it for smaller purchases. I have junk, rounds and bars. I also buy nickels and collect copper penneys, why not, they are worth more than their face value. I'm not a paranoid prepper but it never hurts to have it. Three months of savings is nothing if a big crash hits. Gold has a lower premium but silver is really worth more than spot. Spot refers to the silver paper market which is just paper and a game played by JP Morgan and others. My feeling silver is the most undervalued commodity there is. I realize I can be wrong so feel free to pile on.

@mulvenna100 Жыл бұрын

@@JALRML1251 nope- no piling on. very well said

@bonnieupton4114 Жыл бұрын

Great video

@baldguymoney5568 Жыл бұрын

Thanks!

@keithknechg3217 Жыл бұрын

Intelligent and well explained. Some may find the vid a pretty bold and generalized statement ,but i get it.silver is barter gold is a physical hedge fund.

@owenbanks3675 2 жыл бұрын

IMHO silver is the single best bargain asset on the planet now considering it has 0 third-party risk. with gold being a close 2nd place. If you have the capacity to store the silver I think you will make more, in the long run, considering Silvers dual-use case(Monetary & Industrial). That being said I also believe that the power brokers have a much greater incentive to suppress the prices of silver precisely because of its dual-use case.

@baldguymoney5568 2 жыл бұрын

I would personally disagree and put Bitcoin in 1st because of how divisible it is, how easy it is to store, and the algorithm that determines the price based on supply on demand which is impossible to tamper. That said Silver is certainly in 2nd place if you ask me and I personally don't think the history of price tampering is sustainable. Thanks for watching and thanks for sharing your point of view.

@dark_winter8238 2 жыл бұрын

@@baldguymoney5568 Bitcoin has to much of a chance of going to 0 to be above gold. Much greater chance of reward with a much greater risk.

@judgestacker9472 2 жыл бұрын

@@dark_winter8238 it's also far to easy for governments to turn off access to crypto in general for it to be number 1. I'm in the middle on crypto. I think its just as dumb to place it first as it is to not invest anything in crypto.

@baldguymoney5568 2 жыл бұрын

Only time will tell. In the meantime there are people making life changing wealth from crypto - and that's a fact I cannot and will not ignore. I agree there is a chance that Bitcoin could go to zero - but I assess that risk to be literally less than 1% (no joke). If you'd like me to make a video explaining why, please let me know. Cheers! Thanks for getting involved in the comments section, and I hope you check out my latest video on Bitcoin.

@quantumtechcrypto7080 2 жыл бұрын

Silver also keeps the funk down in your cpap machine too! Cheers.

@gaugeray7462 2 жыл бұрын

I have 800oz of silver, and 1oz of gold. Gold sells at all time high, while silver is at all time low. We buy undervalued assets.

@harryzero1566 2 жыл бұрын

Im a contrarian, I think gold is the most undervalued asset, As much silver as you can carry on your back, the rest gold. I am convinced that central banks are so far behind the curve with block chain currency technology, governments have little room to choose an alternative asset other than gold to regain the confidence of their populations As most economies are run on the debt based keynsian system, most people have debt, NOT GOLD. The price of gold? It doesn't matter, if few people have any.

@jdb2722 2 жыл бұрын

How is silver at an all time low? It was dirt cheap a few years ago. It hasn’t been this high in 9 years.

@RCruz 2 жыл бұрын

@@jdb2722 I was so lucky to start stacking silver when it was $15/ozt. I loaded up back then. I wish I started doing it when it was $5/ozt!

@jdb2722 2 жыл бұрын

@@RCruz nice work! I think silver is sort of a rip off right now. But to each their own.

@RCruz 2 жыл бұрын

@@jdb2722its great if you already own. Trying to acquire right now is insane with +$12 premiums. You’re looking at $40/ozt right now. Great if you already have, not so great if you are trying to acquire. Same can be said for bitcoin, and so many other assets. It’s all pointing to the same thing: the weakening (US) dollar

@lafflaff2676 2 жыл бұрын

That is a different approach, very interesting. I started in 2017 and I buy 200/oz of silver every year. I buy and sell gold as needed keeping 10oz as an emergency fund.

@baldguymoney5568 2 жыл бұрын

Nice - thanks for watching.

@harlemkid144 2 жыл бұрын

Great video bro

@baldguymoney5568 2 жыл бұрын

Thanks for the compliment - more on the way :)

@charlesdidonato5478 2 жыл бұрын

As people have learned through this pandemic, three months of emergency funding doesn’t cut it. I would much rather see people build a twelve month emergency fund. I have a two year emergency fund that I have built up over the past ten years. Please think people! This is only the first pandemic of many more to come over the next couple decades. Be safe!

@baldguymoney5568 2 жыл бұрын

I see what you mean - please remember, 3 months is a minimum. Everybody should certainly strive to have more. Thanks for watching! Cheers :)

@Metal_Stacking 2 жыл бұрын

@Kids For Drugs most who carry gold and silver also carry many guns be careful you could die trying to get their silver much easier than successfully getting their silver/gold. And if you are buying your 1st gun with silver after a collapse you probably shouldn't try armed robbery it would not be a good move. I must say very disappointed in your comment.

@quantumtechcrypto7080 2 жыл бұрын

How about we just rid the world of Marxism seems like a more reasonable goal than taking our own money back. Bwaaahahahaha

@josealejandro6602 2 жыл бұрын

Lmao, 90%+ of people have less than 6 month's worth of expenses. The system is designed for people to live pay check to pay check...

@charlesdidonato5478 2 жыл бұрын

@@josealejandro6602 and that is why you want to be one of the 10% who are not in that position. Saving and investing for the long term takes commitment and sacrifice, just like anything else of value worth having. I started years ago and encourage others to do the same. You will sleep better at night knowing you have prepared for your and your Family’s well being. Good luck to you Ricky.👍

@monkeyspeaks7258 2 жыл бұрын

My number is more like 2000 oz silver, 10 oz gold... it's a lot, but if hard times hit, I don't want to drain the entire stack to get through...

@baldguymoney5568 2 жыл бұрын

I understand and respect that. My guide is more of a minimum I think people should strive to get. I also think keeping a rolling 8% of your net worth in precious metals is a good practice (more if you are more risk averse). Thank you so much for watching!

@mrmc2465 2 жыл бұрын

Everything is relative my friend

@josephcollins7393 2 жыл бұрын

If you can afford that much that’s great

@RCruz 2 жыл бұрын

The idea of keeping a rolling 8% of net worth sounds so great to me. It just tells me I get to buy more gooolddd

@Dakiniwoman 2 жыл бұрын

Wow... I find that a very interesting ratio Monkey... I have 350 silver and 12 gold... very different from yours. I like the fact that the gold is easy to transport in case of an emergency... I have only been stacking for a very short time on a very limited income... I wish I had understood about PM's early in my life instead of as a Senior.

@connormonnery6998 2 жыл бұрын

Great video!! 👍🏽🤩

@baldguymoney5568 2 жыл бұрын

Thanks you very much for the compliment.

@connormonnery6998 2 жыл бұрын

Your Very Welcome! I am new to your channel & ❤️ your videos. 👍🏽🤩

@epauloconnor 2 жыл бұрын

Cool! I'm one of the first 1,000 subscribers! Remember me in 5-10 years when you have 5 million subscribers!

@baldguymoney5568 2 жыл бұрын

Will do man! Thanks for your confidence in me :)

@lonnieporter8566 2 жыл бұрын

There's no such thing as "enough." Buy as much as you can whenever you can without putting yourself in jeopardy.

@baldguymoney5568 2 жыл бұрын

Thanks for watching. I personally think there is such thing as too much. I know of people who have most of their savings in Gold & Silver and as a result are not able to properly build their wealth in other areas (or enjoy their money) as they're waiting for a collapse of the system. Some of those people have been waiting 20+ years... how long do you want to wait before you realize you also have to live in the here and now? You only get one shot at this life.

@demogadget 2 жыл бұрын

@@baldguymoney5568 Great advice. Some people died after decades of collecting. You have to find a balance for investing like metals, stocks, crypto en hold some cash to buy the dips. Also learning to take profit and just enjoy what you do is way more satisfying than look at some "paper profit" With a total collapse even gold, silver will be useless. Ground, food a crossbow etc will be much more worth. Greetings from holland

@Roses78 2 жыл бұрын

What is the brand of those I think ten ounce bars? I’m interested in finding for myself.

@baldguymoney5568 2 жыл бұрын

Those bars are 1/2 kilo bars produced by Emirates Gold out of Dubai. Thanks for watching, and thanks for your question.

@well.thy.one. 2 жыл бұрын

Get some royal canadian mint 10oz bars, they are exquisite

@Roses78 2 жыл бұрын

@@well.thy.one. they are i now own two but working to have five. I also love maples personally over eagles.

@arafatbukhari8845 2 жыл бұрын

Thanks bald guy, Appreciate it 🙏 💯 percent. Agree bro. Gold stacking policy must be there

@baldguymoney5568 2 жыл бұрын

Thanks bro! If only I could buy some hair with it! Wishing you all the best man. Cheers.

@arafatbukhari8845 2 жыл бұрын

@@baldguymoney5568 Don't worry you looking 😉 cool 😎. Can you make videos about third world currency issue. Should they save in Gold Or US dollars currency

@calvincooper1122 2 жыл бұрын

I make $31-35:000 per year reached it after 7 years of stacking still stacking first time watching also subscribed 😀👍😄

@baldguymoney5568 2 жыл бұрын

Thanks for the sub Calvin. Very happy for you! Wishing you all the best.

@terryannblack5189 2 жыл бұрын

I am on disability and lucky to be living in geared to income housing. I have saved 33 oz of silver and about an ounce of gold in the last 15 months. Most of my gold is in jewelery as to avoid confiscation.

@baldguymoney5568 2 жыл бұрын

Hi Terryann - that's nice that you have built up some savings - congrats. I am not a huge fan of gold jewelry as an investment due to the high premium and fact it is not pure gold. Congrats all the same. Thank you for watching.

@terryannblack5189 2 жыл бұрын

@@baldguymoney5568 I buy my jewelry at estate auctions and the price is never more than scrap prices.

@LibertyWarrior68 2 жыл бұрын

I wouldn't buy any gold at current gold:silver ratio. Storage is not an issue, buy silver.

@SilverSergeant 2 жыл бұрын

Really? Are you basing that ratio on spot price or purchase prices? You would rather paid the high silver premiums?

@SilverSergeant 2 жыл бұрын

Until you want to sell.....then they become the water mark.

@allegro70 2 жыл бұрын

One Word: secondary markets for purchasing Ag. Not Au.

@jimmyboy131 2 жыл бұрын

The best time to buy gold is today. The price will only go up, generally. So if you're wanting to buy gold at all, start now. You don't need to buy 1 ounce gold coins or bars. You can buy fractions like 1/4 ounce, 1/10 ounce, etc. But do it if you're gonna do it.

@charlesstevens3297 Жыл бұрын

I found your video very interesting as: I had a small collection of silver coins; Kennedy 50 cents, 50 quarters and dimes, 3 silver eagles 5 Morgans, and 4 odd ball coin and 1 10 dollar 1909 gold coin. But I never considered myself to be a "stacker" two years Christmas my wife gave me 10 1 oz silver bars and I decided to become a stacker (inflation and all) and I now have "541" oz of NEW silver and another oz of gold. So I was truly surprised that this put me in the top 1% of stackers in the world!!!!!!!! I personally would not consider anyone to be a "STACKER" If they didn't have moor than 20 oz. and looking to have a lot moor like over a 100 oz. ..... some what like calling yourself a car collector with only one car.

@baldguymoney5568 Жыл бұрын

Thanks for sharing and thanks for watching. I understand your point of view when it comes to collecting - what I should have been clearer about is ownership vs. stacking. I will be more diligent in the future.

@skyhighstax Жыл бұрын

Listen to what this guy has to say, he knows what he is talking about! This is a great target. Don’t let it stress you out though. Regardless of what you can afford, a little is better than none and having a small seat at the table is better than having no seat at all!

@baldguymoney5568 Жыл бұрын

Couldn’t agree with this more!!

@codycast 2 жыл бұрын

I’m up to: 2000 apartment units 300oz gold 20,000oz silver

@baldguymoney5568 2 жыл бұрын

That's fantastic! I wish you many more successes to come. As you are a seasoned investor, I am curious what you thought about my Guide to Minimum Ownership of Gold & Silver.

@Eli-qr9hc 2 жыл бұрын

@@baldguymoney5568 ^^ agreed, I’d like to hear as well

@baldguymoney5568 2 жыл бұрын

@El Parca - I agree with you. It is risky to hold major real estate positions on borrowed money. It's just as risk as opening large stock or crypto trades on huge amounts of leverage. My motto is: Don't bite off more than you can chew.

@mytinfoilhat9801 2 жыл бұрын

If your not really leveraged..good for u...

@lamarravery4094 2 жыл бұрын

Holy cow, you are there, dude.

@STB921 2 жыл бұрын

Silver is the poor man’s gold. I’d rather hold gold than silver but being a poor man I’ve only been able to accumulate 55 oz. My safe is spilling over with silver because as a poor man, it is attainable and affordable

@baldguymoney5568 2 жыл бұрын

People who stay focused and have a vision don't stay poor forever. All the best!

@theambiguoustruth8167 2 жыл бұрын

You must have a small safe if 55 oz is filling it up. Most safes can hold at least 1000 oz a big safe can hold 5 to 10k

@josephbrown3647 2 жыл бұрын

Subscribed. Nice video. My goals monthly is 5grams of gold and 10oz of silver. Im 30 so plan on doing this till 60 so fingers crossed I'll have some extra funds available for retirement

@baldguymoney5568 2 жыл бұрын

Hi Joseph! Thanks for watching - wishing you nothing but success!

@markcameroon6613 2 жыл бұрын

you have a perfectly round head with a lot of knowledge thank you sir

@baldguymoney5568 2 жыл бұрын

Hahaha! Thanks Mark, and thanks for watching and leaving a comment. More content coming. Cheers!

@streamer1884 2 жыл бұрын

🤣wtf

@Jerry-me1fy 2 жыл бұрын

I'm so poor i stack steel coins😂

@baldguymoney5568 2 жыл бұрын

hehe - stay focused - you'll get there!

@markbarnaart2381 2 жыл бұрын

I have a way to go but I’m still stacking !

@baldguymoney5568 2 жыл бұрын

That's fantastic. Just remember - it's not a sprint :) I am sure you'll get to where you need to be. All the best.

@ThatOneGuy-gb2tv 2 жыл бұрын

We all have to start somewhere

@ThatOneGuy-gb2tv 2 жыл бұрын

@@baldguymoney5568 could we get a video looking more into real estate and land as an investment. I enjoy the silver and gold talk aswell.

@baldguymoney5568 2 жыл бұрын

Sure thing - it may take a couple weeks, but I can put one together. Would you like to know how I select Real Estate for investment and what kind of returns I look for? That's what I was thinking about.

@drnickcage1225 2 жыл бұрын

@@ThatOneGuy-gb2tv I don't trade, I invest with a professional assigned by a crypto company that trades for us and returns profits weekly for me and you can invest your capital and get weekly Returns of investment (ROI) without any extra fees attached The professional is Mrs. TINA TURNER