How Much Gold & Silver You'll Need To Buy A House In The Crash

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How Much Gold & Silver You'll Need To Buy A House In The Crash - Important 2024 Update!

Рет қаралды 156,961

Күн бұрын

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In this video cover:
- How much Gold & Silver you have historically needed to purchase a median priced US home and the developing trend since the 2011 metals blow off top that could make it cheaper this time around.
- How developed real estate prices have developed differently than land prices since 2005.
- How much Gold & Silver I think will be needed to purchase a home in the real estate crash and metals blow off top.
- I answer a viewer question on the topic of why the United States isn't printing more dollar to buy Gold.
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 Sources:
Median US Home Price
fred.stlouisfe...
Average US Home Price
fred.stlouisfe...
Historical Silver Price Data
www.macrotrend...
Historical Gold Price Data
www.macrotrend...
Central Bank Gold Purchasing Data
www.gold.org/g...
US Farmland Price Data
www.statista.c...
National Gold Reserve Data
tradingeconomi...
#silver #gold #realestate

Пікірлер: 733

@baldguymoney5568 29 күн бұрын

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@MattVenezuela Ай бұрын

I'm living here in Venezuela, I'm from Canada, westerners can't comprehend how low house prices are going to be once their is no more credit, the only reason for high house prices is because of mortgages. House prices crashed 75-90% here because you can't get a mortgage, all real-estate transactions here are cash sales, I've bought real estate here for literal pocket change compared to Canada, $7k for a beach house, $17k for a town house. When the dollar collapses you're going to buy homes for a single oz of gold... the world runs on credit, once credit collapses it changes all values

@cathihargaden1608 Ай бұрын

very interesting insight for those who could not comprehend the chaos that would ensue

@baldguymoney5568 Ай бұрын

That's a good comment. Something for me dive into. Cheers!

@highlanderNC-mr8fe Ай бұрын

I lived in Brazil during hyperinflation in the 70's early 80's. Interestingly real estate did not really keep up. People wanted hard currency and metals back then.

@kocreteify Ай бұрын

Thanks Matt, very helpful information 👍

@cheeseman9967 Ай бұрын

You are 100% correct but no one will listen until the markers run out!👍

@Reaper-ml6ly Ай бұрын

During Weimar Hyperinflation people were buying houses, land, and real estate for as little as 4 ounces of gold and like 20-40 ounces of Silver, i think you might be underestimating just a little

@scottheller1379 Ай бұрын

Agree

@mrthomas41 Ай бұрын

I have seen this claim about Weimar Germany made many different times, but I have never seen the actual proof that this statement is true. Furthermore, I have also talked to a few people who migrated here from Venezuela in the last few years (admittedly this is a very unscientific strategy) and i see no actualproofof it in this case either. I'm not at all doubting what you are saying, but I'm a facts and statistics type of guy, so if you have actual proof this, I would sincerely like to see it. Thanks in advance.

@MattVenezuela Ай бұрын

@@mrthomas41 I'm a Canadian retired here in Venezuela, you wouldn't believe how cheap real estate is compared to NA, and it's going to get cheaper once the dollar collapses, no mortgages house prices will collapse 75-90% over night, cash sales only, I bought my homes here for literal pocket change, I carried the money in my pocket on the plane it was so little

@mrthomas41 Ай бұрын

@@MattVenezuela Your comment is extremely helpful to me! Thank you very much!

@James-pe1ky Ай бұрын

Agree, yeah, my mother lived through it and saw those numbers as a little girl

@ivangaeta3663 Ай бұрын

We should do a update like this once a quarter. Super valuable information.

@baldguymoney5568 Ай бұрын

I think that’s an awesome idea!!

@Noseyyyy Ай бұрын

Would be awesome if you did; these videos make home ownership seem more realistic when weighed against metal ownership. Might end up being motivational for younger viewers!

@ethancostello7023 Ай бұрын

@@Noseyyyyit’s my plan!

@mahatmadoo2566 Ай бұрын

This has been one heck of a great episode of Bald Guy money!

@Andreaoficial. Ай бұрын

New sub here all the way from Austin Texas!✌🏻 Great information! Thank you! Very much appreciated!!! How do I start saving my money in Gold and Silver and as an expert what is your recommendation on the amount to invest on each precious metal? Thank you in advance!

@fu4616 Ай бұрын

In 1924, the average price of a house was $7,720 and gold was $20.67/ounce. This means the average 1924 house cost 373.48 ounces of gold. In 2023, the average price of a house was $412,000 and gold was $1943/ounce. This means the average 2023 house cost 202.04 ounces of gold.

@cheeseman9967 Ай бұрын

Yep...he will ignore you...

@ministryoffunk3417 Ай бұрын

By 1924, the Fed was instated and had begun printing more cash than there was gold. Please find data for prior to 1913 to remove the involvement of Keynesian money printing from your data about previous metal values. If you would like to continue talking about the statutory price set by the government, let's talk about why the current statutory price of a gold ounce is set to 42. 22 dollars.

@dickensssss Ай бұрын

and now is 170 ounces of gold

@RealityTrailers Ай бұрын

@@ministryoffunk3417Question our own government?? How dare you. Kidding. Great points you have here, thanks.

@Lvaladez114 Ай бұрын

You made it more simpler than this whole video. Thanks

@theraptureisnearbelieveinj448 Ай бұрын

I think the pumped-up real estate values will drop significantly, and that’s why that person you’re referring to says you’ll be able to buy a house for a few pieces of metal. 😂 The tire is gonna blow, so make sure you duck when all the pieces go flying! :)

@bobsacamano7653 Ай бұрын

Agreed.

@Doradoo-h1q Ай бұрын

BRICS can make new money back by gold , UAE can say sell oil only for gold , paper gold market can crash , all that can start in one day will be perfect storm who know the future ?!

@kevinw9073 Ай бұрын

Your weekly perspectives are great, and I enjoy how you use the value of gold and silver and the purchasing power they offer now and, in the future. Keep up up the fight!

@baldguymoney5568 Ай бұрын

Thank you so much!

@PraiseYAyoupeople Ай бұрын

I grew up in Poland and moved to US at age of 15, hopefully Polish wife is treating you well bold guy! My prediction for silver is 500 oz for a average house, when dollar fails and everyone rushes to metals some people will have to sell their homes to survive.

@baldguymoney5568 Ай бұрын

My wife is great. We’ve been married for 17 years. I am blessed to have her.

@silvercontained Ай бұрын

If the markets ate ever aloud to trade freely. Unfortunately centrel banks wont aloud that to happen.

@Lilbuddi1958 18 күн бұрын

@silvercontained the central banks are a criminal conspiracy, planned out to control who? Pretty soon the US Marines will be escorting all treasonists and conspirators to Guantanimo Bay detention center for trial.

@taylorman40x9 Ай бұрын

It aint gonna cost no 14,000 ounces of silver to buy a house. About 980 million ounces of silver are mined each year and there has been a 270 million ounce deficit each year. These mines are not gonna keep up with the industrial demand. Plus the dwindling above ground supply....

@nomadbrad6391 Ай бұрын

We are 2 years away from buying a 1,500 square brand new starter home for 1,500 troy ounces of silver and a brand new 2,500 square foot new spec home for 2,500 troy ounces.

@chesshooligan1282 Ай бұрын

I think I can see a pattern there.

@MohFit. Ай бұрын

@@nomadbrad6391really? 2500 troy ounces is wild, id never trade that in for a house unless it was a 3500sq ft house and paid off completely with it.

@intimatespearfisher 13 күн бұрын

@@nomadbrad6391is that taking in to account the tax you'll have to pay on your silver gains?

@ArthurCollette-rc2ng Ай бұрын

I can't eat gold or silver I'd rather store food and lots of it that's going to last me for years plus water in good shelter and This Disaster happens I would not want to be around any humans

@donarmando916 Ай бұрын

27561 oz of Silver for a house is an insane amount. Even 4618oz is a huge amount that very few people own.

@baldguymoney5568 Ай бұрын

That was price though. Shows you how far silver has come despite the people who are always so bearish on it.

@Bobbydazzlla Ай бұрын

I'm pretty sure it is just to be used as a ratio so you can compare apples with apples.

@JohnSmith-os7zm Ай бұрын

@@baldguymoney5568You are a Mason. I see through you and your wolves here on KZfaq. You are going to the pit soon.

@JohnSmith-os7zm Ай бұрын

Gregory Mannarino is a Freemason Google it. Lynette Zang too and Gerald all of them.

@chiil034 Ай бұрын

My 5400 ounces of silver were lost at sea.

@CarSalon Ай бұрын

Poland? That's a surprise. I was Born in Poland and just finished a 10 day tour with some German friends, who never have been there before. We went to Wrocław, Kraków, Warszawa, Gdańsk and Sopot. My friends were absolutely delighted. Beautiful cities, beautiful WOMEN 😱😻😻, good food and low prices. Enjoy my old country! Good content BTW. I've been buying gold and silver for around ten years now. Wish you all the best! 👍🏼

@baldguymoney5568 Ай бұрын

Cheers!! Thanks for the kind words.

@vanhawk1074 19 күн бұрын

Polish born here . Yes , indeed. Poland is great country , nice people and fantastic food . I still love Poland , after 38 years

@wordysmith Ай бұрын

In the UK, my 3-storey Victorian semi-detached from 1895 was originally sold for 95 Gold Sovereigns. This should give some idea of the true value of houses versus previous metals.

@danielkurek7009 Ай бұрын

I agree with you.. I believe the reason so many people think you'll be able to buy an average house for such little metal is because of other countries that have gone through hyperinflation for example Weimar Germany you could buy an average mansion for 5 oz of gold during the hyperinflation.. it's because the price nominally of gold will go or stay up as other assets go down. And when the whole world wakes up to these concepts now that we are all so socially connected and realize that there's only enough physical gold on earth for each individual to hold two and a half ounces and only enough silver for each person to hold 5 to 6 oz You start to understand that a person's entire life worth should be able to be held in 2 and 1/2 oz of gold. The average person makes two and a half million dollars in their lifetime divide that by 2 and 1/2 oz of gold? I agree with your business model having one video a week that is the most important factual data in the least amount of time! We are all busy and our time is valuable if you value our time we will value your channel 😊

@iamwhoiam105 Ай бұрын

im glad i have over 800 oz of silver

@anonymous071985 Ай бұрын

Why does an hypothetical equitable division of metals have to exist before assessing the appropriate value of the metals? That's where you lost me. Shouldn't any value be invariable to possible divisions? End of the day, 2 ounces of gold is just 2 ounces of gold. And if everyone already has gold why would they need gold? If anything. If everyone has gold that could lower its value.

@danielkurek7009 Ай бұрын

@@anonymous071985 everyone today has dollars or yen or other currency, that's not what devalues it.. bringing a ton more currency into the system is what devalues it printing it out of thin air devalues faith based IOU's of insolvent entities. takes a lot of time energy and work to pull metals out of the ground. So if everyone held physical gold and silver ( which they don't) as the new hard sound physical money and got rid of currency it would absolutely hold its value as a store of wealth a medium of exchange etc. and as of today it's a very tiny percentage of the world population actually hold physical precious metals I believe somewhere between 3% and 5%. If this didn't answer your question please rephrase perhaps I misunderstood.

@stevelauda5435 Ай бұрын

I've sold my house a few years back due to health reasons and will no longer want a house. But I do have a fair amount of gold physical not on paper. Pluss RRSP,S IM 59 AND AM COMFORTWBLE.

@baldguymoney5568 Ай бұрын

Very happy to hear you’re doing well Steve! Wishing you a great day.

@stevelauda5435 Ай бұрын

@@baldguymoney5568 thanks and same for you and yours!!

@davidphilips1205 Ай бұрын

That’s fantastic! Are you looking for congratulations or a date? 😆😆

@stevelauda5435 Ай бұрын

@davidphilips1205 lol nope! Just happy that I saw the writing ✍️ on the wall 🧱 years ago!

@liahonafrench Ай бұрын

Very interesting, you answered many questions I have had. Thank you for making the calculs easier to understand through your presentation. Cheers and welcome to your new (old) home.

@baldguymoney5568 Ай бұрын

Thanks for watching! Glad you enjoyed it.

@mrthomas41 Ай бұрын

Hey BGM! Here is my question that has been on my mind for DECADES! I would love for you to answer this question in your next video. I have heard many, many times that in Weimar Germany you could have bought an entire house for only a few ounces of gold. Also I've heard that you could buy an entire block in downtown Berlin for 20 or 30 ounces of gold. In fact, several people in the comments section to this very video have made the same claim. I have never seen actual proof of this. My theory is that somebody said it one time, a long time ago, with no evidence, and that person has been quoted and re-quoted over and over. Now this one guy's quote is their only "proof." I would love to see actual proof that this is (or is not) actually the case.

@stevecooper9896 Ай бұрын

Yup and it was called the Weimar Republic hyperinflation, the wheelbarrow full of cash for one loaf of bread don't you recall??? Versailles anybody?

@ca6echka Ай бұрын

Germany 1923 HYPERINFLATION, HITLER'S PUTSCH, AND DEMOCRACY IN CRISIS, a book by Volker Ullrich, a historian (Author), Jefferson Chase (Translator) - based on historical records, newspapers, memoirs, correspondence of the time. STEFAN ZWEIG ON THE 1923 HYPERINFLATION (1943). Stefan Zweig's autobiography.

@irelandsailor Ай бұрын

I bought a house with 1.25 acres land, a guesthouse and a chicken house in Sweden in 2013 for roughly 3 weeks income, what was at that time 3.5 ounces of Gold. House was build in 1986, guesthouse 1955. The bottom price will be 1-2 years rent. This price will come when the job availability is very low, interest is high and credit availability is low. And don't get fooled by the "experts" telling you price is build by location, location and location.

@andyirons7162 Ай бұрын

Those economic conditions you mention imply an economic recession or depression.

@Mpg972 21 күн бұрын

And have houses in location risen in value much ?

@rorydryburgh4060 Ай бұрын

Best wishes for your move back to Poland. Following you from the Uk - really enjoying your content which helps to stretch my thinking

@baldguymoney5568 Ай бұрын

Cheers!

@Urlyourthoughts Ай бұрын

@baldguymoney5568 do you think gold prices will go down once trump gets bk into office what's yiur thoughts there pleasev

@mikeyriley8959 Ай бұрын

Mike Maloney said 500 ounces of silver bought a single family median home in 1980, and this time around should be no different if not better, same goes with the Dow/gold ratio

@jamesianno Ай бұрын

What I'm saying is a fact the reason why the treasury does not print a trillion dollars and buy gold is because the people who are running our government do not have this country's best interest at hand that is a fact we're the only country that is not buying gold and silver and stacking it up the central banks may be because they are private but this government decides it's not going to stack gold and silver up but all the other major countries are even European countries are doing this now

@maccjw Ай бұрын

The g0vernment is smoke and mirrors, BTW they wont be paying the debt back they never had the intention!

@oliveoil7642 Ай бұрын

Obummer promised to fundamentally change the U.S. 😂

@raakmore4443 12 күн бұрын

That's because USA has been collapsing this country since civil war and really went all in after civil rights movement.

@ContrastWithSepiaPrince Ай бұрын

Thanks for the Land of Land link, BGM! Also, one video per week is one of the many reasons this channel is solid.

@baldguymoney5568 Ай бұрын

Hehe but you get an extra one from Patreon.

@ContrastWithSepiaPrince Ай бұрын

@@baldguymoney5568 😄 Truth!

@brucethemoose3627 Ай бұрын

Bald guy, you should have millions of followers. Well done!

@gregburke0073 Ай бұрын

I had always heard that 500 oz of silver would by an average 2 bedroom home. I think that is before most houses had a garage.

@baldguymoney5568 Ай бұрын

It’s definitely not apples to apples. What the houses were like in some of these mythical transactions matters. Quality matters.

@MohFit. Ай бұрын

Waaaaay less, imagine if the crowdstrike thing happens again and theres no more mortgages… way way less itll be like 50oz silver for a small home, 100oz for a medium home and probably 250oz for a big home.

@jadenephrite Ай бұрын

Regarding 12:20, the government of the United States uses two very different prices for the value of gold. The United States Mint uses the market price of gold which rose to $2,449.80 per troy once on May 20, 2024. On the other hand, the Federal Reserve ironically still uses the archaic price of gold of only $42.22 per troy ounce established since February 12, 1973.

@yeboscrebo4451 Ай бұрын

What does that mean?

@jadenephrite Ай бұрын

The Federal Reserve undervalues the value of gold at only $42.22 per troy ounce and does not value gold according to its market price. On the other hand, the United States Mint which is a part of the Treasury Department and uses the market price of gold to sell its gold coins for a profit to the public. Furthermore, it costs a mere 8.6 cents for the Bureau of Engraving & Printing which is another part of the Treasury Department to produce a $100 bill. Therefore the profit that the Treasury Department makes is known as "Seigniorage" and it is a lucrative $99.91 profit for every $100 bill that is printed. In other words, the BEP can print $100 Federal Reserve Notes for only 8.6 cents each and sell them to banks for $100 each.

@slekzieds Ай бұрын

The Federal Reserve Operations Manual says to revalue gold when national debt becomes a problem. Some estimate that revalued price at $25,000, which means that average priced $420,800 home could cost around 17 ounces of gold...assuming the fed would not only adjust the statutory price and also hand out $25k for each ounce of gold given to them (they'd reopen the gold exchange window).

@Urlyourthoughts Ай бұрын

@@slekziedsthis might sound a stupid qs but if trump gets bk into office lowers tax rates and cuts inflation do you think gold will devalue

@atfarmerbrown 8 күн бұрын

The Fed is private

@FreddieB-MA Ай бұрын

Thank you for all your Videos!!! You do not scare or over value the Metals Market. My wife family comes from Poland, she asked me to ask you what City you live in? As always please stay Healthy & please stay on KZfaq!!! FreddieB (MA) 😊😊😊😊😊

@baldguymoney5568 Ай бұрын

Hey Freddie - I live in Warsaw. I lived here for 10 years already before. It's great here for me.

@wojtekossolinski6382 Ай бұрын

greetings from Poland 4U Bald Guy - thanks for doing a great job

@baldguymoney5568 Ай бұрын

Cheers!

@hotrod639 Ай бұрын

I've been doing this for years, it's nice to know that I'm not the only one!😊

@hombreenbusca1532 Ай бұрын

Very realistic, and even downplayed. In fact, in the Depression, just a few gold 1 oz coins bought a house at one point (5 or 6), and 30 ounces of silver. When food is scarce in the USA (It is coming, as a form of correction from God, from the deep and multiple sins of the USA), that's when gold and silver will be most valuable. Stay humble. Give the same value to any honorable man or woman, regardless of where they are from. Look at the heart and not the exterior appearances.

@tonyt.5316 Ай бұрын

I know “no news is good news” but… thank you for keeping you video short and to the point. Wow! I didn’t know you were in Poland! A few of my friends moved back to Croatia to escape Canada’s lockup and forced “V” during the beerdemic I comment something every video to help your channel, but… I’ve never asked a question before because you seem to answer everything I can think of. However, I have 2… 1) why did you pick Europe and more specifically Poland to live and where did you move from? We might be moving and not sure where on earth. Croatia, Hawai’i, Florida ? 2) what is the best way to exchange metals to buy a house one day? Do metals get taxed when you cash out? Will they think it’s a shady when someone cashes out a big lump sum? As for capitol gain, how would anyone know what the metals were purchased for Etc etc Thanks from Vancouver Canada! 🍻

@baldguymoney5568 Ай бұрын

Great questions Tony and thanks for commenting so regularly. On your first question, I moved from Dubai (no tax jurisdiction) to Poland simply to slow my life down and focus on what's most important to me - my family and my health. As for using metals to get a house - I think the absolute best way is to secure a loan against the precious metals which solves the issue of gains (there are no gains because you not selling) and you still benefit from price increases as you pay back the loan as the metals are still technically yours. i spoke about it with Rick Rule - it's near the end of that video - maybe check it out again.

@wygibuswygibus3033 Ай бұрын

I'm Polish, so I just subscribed. Good job. Thank you.

@baldguymoney5568 Ай бұрын

Thanks for the sub!

@jameswilde3203 28 күн бұрын

hi love the content I am a long way of buying a house I have a lowly 300 ounces of Silver but I am glad and grateful I have it

@edwardmiller9611 21 күн бұрын

I have 50 oz of silver. That is not too much

@mustaphasoufia7956 Ай бұрын

Bravo ! you are so clear and precise. Thank you!

@baldguymoney5568 Ай бұрын

Cheers.

@hzilla5550 Ай бұрын

The lurking problem is that you will have to pay taxes on your "capital appreciation" on your gold when you try to redeem your gold into fiat to make the purchase. Where did you get the money to buy that gold? The government in a fashion analogous to civil asset forfeiture will require you to prove where you got the money to buy that big ticket item, and will not only assess the usual property tax on your property, but also your gold. Remember the three axioms of governbemt=nt: 1.) It always gets bigger (expands control) 2.)There is never enough money 3.) They will do whatever it takes to get more money Now silver paid under the table for small purchases like food, a bicycle, a some hand tools or small job is different but gold is too concentrated a form of wealth and thus is useful for acquiring big ticket items like cars, homes- things that the govt can track and follow the money pedigree through present methods of registration and taxes. This is all a derivative of central bank digital currency.

@baldguymoney5568 Ай бұрын

This what they call “a known, known” - everyone should certainly take their local tax situation into account and actively try to get to a place where the bill is reduced.

@hzilla5550 Ай бұрын

@@baldguymoney5568 Yours is a BS cop out reply. You are a wimp if you passively accept the "right" for the goverment to tax you on nominal gains of money that has been inflated because of their reckless deficit spending and printing.

@fredhills2979 Ай бұрын

Look at Hotel owners, and commercial real estate owners walking away from there land and buildings in San Francisco.. a 1/4oz is more than what they get from just walking away..

@baldguymoney5568 Ай бұрын

Well, they are walking away from obligations that would cost way more than 1/4 oz of gold. I get what you mean - but I want to keep things as realistic as possible here. Thanks for watching and commenting Fred. I appreciate it.

@moonlakeposse7511 Ай бұрын

I would like to see you do a video about how much they have manipulated the paper, gold assets, and how that has made a big difference in the price of gold and silver now as compared to how it was years ago. Because they have sold way more gold paper assets than they really have in gold. Which makes physical gold and silver that much more valuable.

@Bufford2024 Ай бұрын

Your very helpful math-models, for the little guy ....is simply put .... precious!

@realtyguruadamanderson8727 28 күн бұрын

Hi Bald Guy, I have so far stacked up 17.6 kilo of silver bullion. There are some KZfaq video's with economists forecasting in the coming crash that the price of gold and silver will rise by 600 times, due to being suppressed through the release of gold and silver paper shares deliberately to suppress the prices as the fiat currency loses value through printing so people don't notice. If the price of silver is suppressed by as much as 600 times its value and the economy hits rock bottom the price of metals will spring back to their normal value, example: what would 17.6 kilo of fine silver be equivalent to in assets 100 years ago? Can you speak on this please?

@zerosumequation Ай бұрын

The problem will not be how much gold or silver you pay for a house - it's whether the house will have access to infrastructure - gas, electric, sewerage, water etc . . . otherwise it's just a Squat . . .

@caryphillips4885 Ай бұрын

Surely you could also pay to install utilities with gold and silver on the cheap as well.

@islesanctum833 Ай бұрын

@@caryphillips4885 Yes exactly

@MohFit. Ай бұрын

Highly doubt any of those factors would change, that would mean game over for the government

@nomadbrad6391 Ай бұрын

We are 2 years away from buying a 1,500 square brand new starter home for 1,500 troy ounces of silver and a brand new 2,500 square foot new spec home for 2,500 troy ounces.

@bartoszchudzinski8830 Ай бұрын

I think it will be possible (maybe not very probably, but possible) to buy a house in US or Europe for several ounces of gold (or maybe about 250 ounces of silver). Than price of gold (and silver) has to be revaluated (chodzi mi o to, że wcześniej musi nastąpić rewaluacja cen złota i srebra). If 1 oz. of gold will be for 20.000 USD and GSR 20-30, than what I wrote before, it will be possible.

@baldguymoney5568 Ай бұрын

I am counting on demand driving prices higher rather than a revaluation. But I know what you mean.

@eddysmith568 Ай бұрын

I was thinking the same thing, your answer makes sense.

@Chisca22 Ай бұрын

Good stuff BGM I appreciate the quality of your videos, very unique. Liked and shared as always

@baldguymoney5568 Ай бұрын

Thank you so much. I hope you have an amazing day!

@robertklemm10 Ай бұрын

Hi BGM. I appreciate that you are not joining the put out a lot of videos group. Others that I like put out so much and I pick and choose what to watch as they are not all good. YOURS however, I not only watch each one but I look forward to them. Thanks again!!!

@baldguymoney5568 Ай бұрын

Thanks for watching! Quality is more important than quantity!

@annacomnena217 Ай бұрын

Here in the UK, you could have bought an above average home for 1000 oz. of silver in January 1980.

@baldguymoney5568 Ай бұрын

Yes - the 1980 blow off top is a statistical anomaly - I don’t include it in my content because of the circumstances surrounding it. Will do a video on it soon.

@PracticalPreps Ай бұрын

Congrats on the move back home! I really enjoyed the “oz of gold to buy a house” logic. I am very intrigued by the land of land page. Will check it out.

@sambell8655 Ай бұрын

Congrats on the move, thanks for everything.

@baldguymoney5568 Ай бұрын

Thank you Sam!

@bazm1786 Ай бұрын

it is so great to have you here in Poland 😊 i hope to see you on a silver event in a near future😊 what Polish city have chosen to live in? have a wonderful time in our beautiful country 🥂👍

@baldguymoney5568 Ай бұрын

You may see me around. Possibly in Wrocław later this year.

@RBAILEY57 Ай бұрын

Thank you! In the economic crisis that's drawing nearer by the day, precious metals (especially Silver) will be the "Last man left standing". I plan on using my Silver to buy real estate when that time comes.

@randomvoid5232 Ай бұрын

Stumbled upon your channel. I subscribed right away. Very good information you share.

@ericparde8070 Ай бұрын

As always, a very reasonable assumption to a topic which has been a greatly exaggerated topic. Question 1. Do you think a silver infused fuel is being used in the Pulse Detonation Engine which has been developed by the USA? Question 2. Do you think the Silver price has been surpressed to support the US and British military structures, with an emphasis on the production of Silver Acetylene type explosives?

@jimpalsson4147 Ай бұрын

Just keep doing what you are doing. Your channel is a success. There's an old saying, "If it isn't broke, don't fix it".

@baldguymoney5568 Ай бұрын

Thank you so much!

@samdooley5577 Ай бұрын

During the hyperinflation of the Weimer Republic, a single family home could be purchased for 5 ounces of gold. If the worst case scenario happens here in the US, might we see comparable ratios for metals and real estate?

@baldguymoney5568 Ай бұрын

I don't think we'll see numbers like that - and those stats do not take into account the types of transactions made back then. They might not be the types of places people really wanted to live (below median quality).

@smobach Ай бұрын

@@baldguymoney5568 I think we will see numbers like that. Only when is the question. Great reset remember, they will make everthing you own worthless. That's when PM come in. I'll wait till we see half an ounce for a free standing home with decent ground here in the Netherlands.

@almarkowbender Ай бұрын

It won't happen

@smobach Ай бұрын

@@almarkowbender I n the 1600's here in the Netherlands you could buy a 'house' called 'grrachtenpand' in the centre of Amsterdam for half an ounce. I don't see any reason why we couldn't return to that. Only reasons it will.

@almarkowbender Ай бұрын

@@smobach Definitely not in our lifetime

@greyballer1671 Ай бұрын

Id live in Poland except for my love of my 2A rights here in South Dakota.

@helenbrooks4787 Ай бұрын

Hey Bald Guy, you are the best.I learn a lot from your videos, keep up the great work.

@mikespence4722 Ай бұрын

In Spain Galicia we can still buy a stone house for renovation for 3000 to 5000 euro

@hombreenbusca1532 Ай бұрын

I want to buy one. Please tell me how. Thanks.

@mikespence4722 Ай бұрын

@@hombreenbusca1532 just look for houses for renovation in aldea Galicia Spain thair are abandoned villages as well

@mikespence4722 Ай бұрын

Is this your email address I can send info and pictures for you

@Bufford2024 Ай бұрын

How about a handy, dandy, crib or Bald Dude cheat sheet ... that we can carry around in our vest pocket as a referance card that visually tracks the optimum and anticipated price of pm's into timely strategic conversion assets. In other words something we can look at as an investor valuation target .. when it is best to reverse stacking ... into other revalued hard assets. Price, time, ratio, graph, map or crystal bald guy ball ? Love your content ... even if I have to start learning Polish for the content. In simple terms ... gold for dummies.

@patchrat1 Ай бұрын

Thanks good thoughts I’ll check out your sponsor

@markgotschall2914 Ай бұрын

Also have 40 acres of Nebraska farmland, inherited the original homestead.

@baldguymoney5568 Ай бұрын

That's awesome!!

@hm-od5zp Ай бұрын

Do you need a wife

@markgotschall2914 Ай бұрын

@@hm-od5zp have a great one, going on 50 year's

@markgotschall2914 Ай бұрын

@@hm-od5zp lol, no, one is more than enough. Already have one.

@russelbrown6275 Ай бұрын

Low purchase prices of homes will depend upon how bad it gets and how many homes that person owns. A vacation home may just go for a low sum of Gold or Silver.

@wilecoyote8167 Ай бұрын

and how many people died inside the house.

@thewitness4090 Ай бұрын

Thank you for this information Bald Guy!

@FelipeValdez-og2tg Ай бұрын

Just the video I was looking for . Wow. I’m stacking silver and Gold and not selling until I’m able to buy a house cash

@user-is8xz6mi6l 17 күн бұрын

I don't think anyone would even imagine getting a house for a quarter oz of gold,they might hope that would be the case,but it would only be wishful thinking.

@leroymorris6036 Ай бұрын

Real money value probably will be realized in our future, I agree those who hold metals will most likely benefit more than others!

@Madridftw Ай бұрын

Hi Bald guy, As we know, gold rises during wars and crises. What about silver? To be completely honest, it is a precious metal and is used in industry in particular, but during crises and wars, industrial consumption decreases. Is it possible that we will see gold rise and silver fall during crises and wars?

@ownsilver Ай бұрын

Your videos reinforces why I buy silver, been buying silver since 2002 and I will continue to buy going forward. Thank you

@baldguymoney5568 Ай бұрын

Glad you found it useful.

@merlinsreturn Ай бұрын

Thank you. Very insightful.

@Eli-qr9hc Ай бұрын

I really like your joint ventures between today's topics and what the average stacker can learn to better themselves as a stacker

@baldguymoney5568 Ай бұрын

Thank you so much! Sending my best wishes.

@rudyroedling188 Ай бұрын

Hi Baldy, I do not blame you for living in Poland, I live in Czech Republic instead of Canada and enjoying it. How far do you live from the Czech town Nachod? We are shopping in Poland fairly often.

@baldguymoney5568 Ай бұрын

Canada is simply unlivable. I am in Warsaw, but am planning to make a trip to Czech soon.

@zbigniewdenys6661 17 күн бұрын

in poland my grand parents told me ,,you can buy house for a pig,,150 kg 3 story brick,,,,,when is no food gold becomes worthles,, gold have value when all is in order

@scottboyington9768 Ай бұрын

Bald Guy you are the best on this channel

@baldguymoney5568 Ай бұрын

Thank you so much!!!

@wisconsinchristian Ай бұрын

BGM packs in more relevant info. with less words than any other PM KZfaqr. Thanks, BGM and congrats on your new place.

@christophermccormick8670 Ай бұрын

39.9k !!! Almost at 40k! Patreon is so worth it🤙🏽

@baldguymoney5568 Ай бұрын

Hey!!!!!! We made it brother. I have so many comments it's hard to keep up with them.

@CommonSenseIsAVirtue Ай бұрын

Thank you Bald Guy for this valuable information.

@brucepyeatt5571 Ай бұрын

Land where I live in NW Missouri is selling from $8000 to $12500/acre

@user-ol5rj8qn9o Ай бұрын

You're right, you have to do some due diligence. I'll be looking into that service to see what it's about. I moved to Florida in 2010 so I know some things about their real estate transactions and property purchases. You definitely have to look out for yourself here, there's no consumer protection. Buyer beware. Congrats on your move.

@ddprepper5227 Ай бұрын

Excellent report thank you sir😊🎉❤ thumbs up 👍👍👍👍👍😎

@baldguymoney5568 Ай бұрын

Thank you kindly!

@mysterybuyer3738 Ай бұрын

This is the topic that really gets deep with me. I always feel precious metals should have superior purchasing power over real estate. If I had my way a house would cost a 1/10th ounce gold coin.

@baldguymoney5568 Ай бұрын

If you owned a nice home - would you sell it for so little?

@blackdeath2741 Ай бұрын

Thank you man. Agree with you on the 1 video per week

@baldguymoney5568 Ай бұрын

You mean you don't want to see me read news articles 5 times a day? Thanks for watching!

@DavidG-qe7yn Ай бұрын

Thanks BGM!😎

@baldguymoney5568 Ай бұрын

Thanks for watching.

@jonathanlunglo Ай бұрын

Congrats on the move to Poland! Do you think you could please do a video breakdown of what type of gold and silver you recommend (e.g. 1 ozt sovereigns, 100 ozt bars, etc.), and where you recommend selling when the time comes (big dealers like PIMBEX, local coin shops, private party, etc.)? Thanks, and congrats again!

@EricRobertson-vx3lr Ай бұрын

Bald guy I watch your videos quite a lot. I value your insight. Great minds think alike and I appreciate. You sharing with us your opinions. I may not agree with everything you have to say, but I do watch your videos and should say a lot. God bless you and yours.

@baldguymoney5568 Ай бұрын

Hi Eric! We don’t have to agree on everything. Sometimes it’s good to just talk about ideas. Wishing you all the best!!

@breadbasket37 Ай бұрын

Thanks for the video. I like the one video a week - quality over quantity approach.

@hr8052 Ай бұрын

You’re working hard Bald guy! The one man army. Would you ever show your full precious metals collection or just partial in the future?

@baldguymoney5568 Ай бұрын

I may think about that - but it's hard because I have it in multiple locations now. I'm not keeping any of it in my home as I did in Dubai. Thanks for the comment!

@victorearly1215 Ай бұрын

I hope to visit Poland over Christmas 🎄

@darknightofthesoul7628 Ай бұрын

Hi Bald Guy! Thanks for the informative videos. Question: Per the pricing of houses per value of gold, are you taking into account taxes one must pay when cashing in to buy those houses? Thanks.

@JB-ou6fl Ай бұрын

I like your perspective on focusing on the quality of your videos instead of quantity. Keep up the good work! I enjoy watching your videos and I always learn something new from them. God bless!

@intimatespearfisher 13 күн бұрын

In most Western countries, the house prices have never changed. The same amount of gold that bought you a home in the ninties, still buys the same home now. It's just that the currency is worth-less

@baldguymoney5568 13 күн бұрын

They do fluctuate.

@user-nx8yj3iu1z Ай бұрын

Very inspiring bald guy money thank you for this great information u da man 😊😊😊

@tryolegend Ай бұрын

I think its going to be much less simply because the price of metals would have to go up much more when they are in demand and used to hedge on money. We simply do not have enough silver for 4000oz to equal a house. Just imagine everyone who has a house now has 4000 oz of silver

@davedaddy101 Ай бұрын

You have to take into consideration that there is a very high probability that banks will fail. If this happens, people will need to start buying homes with gold and silver. Over Simplified, yes but true. imagine that people could only pay what they have available to them and not get into debt to buy a home. What would that do to real estate prices? What would that do to the price of precious metals relative to the real estate market?

@billdobbin-hb3ot 29 күн бұрын

Other than Gold and Silver, what other metals would benefit from interest rate cuts?

@56585656587 Ай бұрын

I love this, it hasn’t even been 15 years since this song was on the radio last. Gold is going to the moon, you’ll be able to buy a house for 2 1/2 pieces of gold, anybody holding gold will be billionaires. 15 years later same people are holding the same gold barely keeping up with inflation. The only one making money today and the last 15 years are the sellers and brokers. 👍👍👍👍

@JB73691 Ай бұрын

the hype is real !

@baldguymoney5568 Ай бұрын

Thanks for watching.

@JB73691 Ай бұрын

@@baldguymoney5568 You are very welcome ! Cheers.

@hamidjafari5995 29 күн бұрын

Houses can get very cheap as much as an ounce since in a hyperinflated economy people will need money to buy food and other nececities that will be extremly expensive. Agree with me mr Bald ?

@corwind3888 Ай бұрын

Here in the US, the IRS will require you to pay 28% capital gains tax on your PMs, so you will need more PMs than you've figured on to then invest the proceeds on a house.

@baldguymoney5568 Ай бұрын

Not if you borrow against the metals.

@pally867 Ай бұрын

Would you put it past the US govt to institute a new anticipated gains tax? Would such a law be unconstitutional?

@corwind3888 Ай бұрын

@@pally867 If they were to tax you on unrealized gains one year, what would they do the next year -- tax you again? And, what if at a later date those gains became a loss? No, taxing unrealized gains doesn't make any sense -- well, unless you are with the MMT crowd...

@ejbh3160 Ай бұрын

So basically somewhere between $6500 & $9000 per ounce for gold depending on whether house prices fall 40% or not... and between $168 & $235 for silver? With a 38-1 ratio for silver to gold.

@KEG-zf8yp Ай бұрын

Hey Bald Guy, enjoy the thought experiment. Personally I believe 2492 oz is a conservative number compared to the 1000 oz per house in the 1980s silver highs. It sounds like it could play out in a number of scenarios... A. Median housing price COULD possibly drop to $75K based on silver at todays pricing. B. Based on your silver (I believe mid 60's) prediction... Median US house prices could potentially drop to roughly $160k C. If Median house prices stayed the same Silver prices could indeed reach a potential $168.72. What are your thoughts on how silver and housing will meet?

@baldguymoney5568 Ай бұрын

I don’t think silver will crack $100 - but housing will come down to meet it in the middle where we may see my numbers become reality.