How Much Silver To Be A Top 1% & 0.1% Stacker: USA vs. The World! 2023 Update

  Рет қаралды 17,298

Bald Guy Money

Bald Guy Money

Жыл бұрын

Join the Patreon Community: patreon.com/user?u=85209064
In this video I explain exactly what the difference between top silver stackers in the USA vs. their counterparts around the world with numbers updated to reflect 2023 realities.
By watching this video you will find out what I think it takes to be in the top 1% & 0.1% of silver stackers both worldwide and in the USA!
I am also answering a viewer question on the topic of the August 22nd BRICS meeting in South Africa and its potential influence on the price of gold & silver. Don't forget to submit your questions in the comments for the chance to have it answered right here on the channel.
Be sure to watch this video to the very end because it is full of useful information!
None of this advice - I am not a financial advisor - this is educational material!
Links To My Sources:
$1000 Emergency Source of Information
fortune.com/recommends/bankin...
Top 1% Data Sources
www.bloomberg.com/news/articl...
www.knightfrank.com/research/...
www.credit-suisse.com/about-u...
BRICS Meeting Articles:
fortune.com/2023/06/25/dollar...
www.bbc.com/news/world-africa...
Princeton 0.1% Wealth Data Figures for USA
economics.princeton.edu/worki...
Global 0.1% Data
visual.ly/community/Infograph....
Top Wealth Data from Knight Frank
www.knightfrank.com/research/...
#silver #silverprice #silverstacker

Пікірлер: 235
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Help keep this channel sponsor-free and get access to all kinds of bonus content. Join the Patreon Community: patreon.com/user?u=85209064
@metalsmafia3273
@metalsmafia3273 Жыл бұрын
Please do something on platinum.
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
My latest newsletter dropped yesterday with an I depth summary of why I am nervous about the state of the market right now.
@quinnjhartnett7185
@quinnjhartnett7185 11 ай бұрын
I wieh I could I live ons/s My wife pass 2021
@h.wayneb3495
@h.wayneb3495 Жыл бұрын
Being a Millionaire and or Top 1% Silver stacker is far out of reach at this point in life, however being debt free and a minor G & S stacker is a geat feeling. Thanks for video.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
That's all you need - you don't even need to get rich slow - you can get comfortable slowly. Wishing you all the best.
@kevinw9073
@kevinw9073 Жыл бұрын
Just have a plan and stick with it.
@mxoldtimer4braaappp858
@mxoldtimer4braaappp858 Жыл бұрын
Never worry about what the other guy has. Someone always has one more or less nickel.
@johnstudd4245
@johnstudd4245 11 ай бұрын
Right now you could buy 500 silver generic rounds for about $14,000. Plenty of people could do that without batting an eye. I'm not one of them, but my steady stacking has put me well over that. When you have people making $1,500 a month payments on a $80,000 pickup truck......or I just heard a radio advertisement from a local car dealer for 10 year financing.
@FerventReminder
@FerventReminder 10 ай бұрын
@@johnstudd4245very true, if people redirected their energy they could oftentimes accomplish a lot more than they previously believed. Personally I have a flexible job and could just suck it up and work more hours instead of doing the bare minimum. Maybe time for me to take a different approach.
@TheGoldeyFamily
@TheGoldeyFamily Жыл бұрын
Man I was elated to see that I'm in the top 1% of stacking silver! That's wild, and I am forever grateful.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Congrats!
@markakira8988
@markakira8988 Жыл бұрын
Man, I ******* appreciate these videos because I wasted so many years and $$$$$$ in undergrad and grad school that did not land me a good job. The good news is I "woke up" in 2007 (Truth Never Told/Chris Duane series) and I've always been slowly stacking since, and despite my average income, I can't believe I'm in the X %. I've never seen numbers crunched like this.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Good for you man! I am of the opinion that you can get a better education on KZfaq these days. Universities have lost the plot.
@FrankLeeNacty
@FrankLeeNacty Жыл бұрын
Good point. I’m grateful to find myself in the position of buying .999 silver regularly, I’m more grateful and appreciate that my silver orders arrive via shipping with little issues and not fake from the sellers I trust.
@theraptureisnearbelieveinj448
@theraptureisnearbelieveinj448 Жыл бұрын
Yes, thank you Jesus for giving us the knowledge and the opportunity to buy silver. To even have the knowledge about it is a gift. 🙏
@mikkimikki5376
@mikkimikki5376 Жыл бұрын
Right on! ❤
@hungryjack9774
@hungryjack9774 Жыл бұрын
Is that his real name, because according to utub he is known as “Bald Guy” ?
@theraptureisnearbelieveinj448
@theraptureisnearbelieveinj448 Жыл бұрын
@@hungryjack9774 Jesus is your greatest asset. Believe in Him while you still have time to do so. Don’t leave earth without Him.
@TheQuickSilver101
@TheQuickSilver101 Жыл бұрын
I don't think about it often, but you're absolutely right. We should all count our blessings and be thankful that we have enough money that we can even think about being in the top 1% of silver stackers. Thanks for the perspective on that and the fresh breakdown on the top tier silver stackers! I know you no longer live here but Happy Canada Day to you too!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thank you so much! Same to you. Never say never - I may come back if they get the spending under control, clean up the streets, and introduce lower taxes.
@fillmorehillmore8239
@fillmorehillmore8239 Жыл бұрын
@@baldguymoney5568 Un-bloody-likely. What country are you in?
@jedclampett6466
@jedclampett6466 Жыл бұрын
@@povarful That's like asking a woman how old she is. BTW... didn't your mommy and daddy teach you any manners?
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Jed is a gentleman!
@irmak7990
@irmak7990 Жыл бұрын
I love these types of videos. They’re very motivating
@kevinw9073
@kevinw9073 Жыл бұрын
I always enjoy your analysis of gold and silver. I have been stacking my metals since 2008. All I can say is, I do sleep better and have peace of mind. Keep up the good fight.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thanks Kevin. Wishing you all the best.
@veritasfiles
@veritasfiles Жыл бұрын
It is interesting, and it does provide further motivation to keep moving toward my goals for Gold & Silver into the future. That's 15,000 ounces of Silver and 250 ounces of Gold. I'm a very long way from either one, but I'll continue to head in that direction for as long as I can afford to do so.
@GSmetals
@GSmetals Жыл бұрын
Good message, we need to be grateful for what we have, millions in this world dont even have food to eat
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Exactly! Sometimes we forget how lucky we are.
@janiceandreyka4902
@janiceandreyka4902 11 ай бұрын
This is helpful to us... my husband gets a major kick out of seeing exactly how much silver is needed to get on top of the game ... we love your videos ... keep stackin' !!
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Thanks Janice. Wishing you a great day!
@metaltracker1723
@metaltracker1723 Жыл бұрын
Hey BG - Nice update on silver stackers and always enjoy your content. Great question you brought up at the end of the video and agree with your response that the free market should determine the price of PM’s. Keep on keeping it real. Cheers!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Having somebody value your assets upwards sounds great today - until they keep that peg a year from now. Cheers mate.
@karltaylor5643
@karltaylor5643 14 күн бұрын
I used a 401k 2yr loan of 10k to purchase the big stuff helped a lot. My main goals is to build collateral, save for retirement, and have enough to pay house off if I lost my job. 10oz gold and about 1500oz silver. A lot is vintage rare antique silver. I don't have any quantity goal. This only my 1st year stacking.
@baldguymoney5568
@baldguymoney5568 14 күн бұрын
Amazing!! Thanks for watching and sharing.
@rakeanomander1
@rakeanomander1 Жыл бұрын
Another good report, thank you.
@bonnieupton4114
@bonnieupton4114 Жыл бұрын
Glad to see you again!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Nice to see you in the comments Bonnie.
@economy101
@economy101 Жыл бұрын
Thanks for all the great info!!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Cheers Juan!
@joethebassplayer
@joethebassplayer Жыл бұрын
I do not plan to stack more than 7500oz of Silver, I've sold a lot Silver when the premiums were super high to take profits and convert to Gold. I hope to have 100oz of Gold when my goals are met.
@loupugliese4576
@loupugliese4576 11 ай бұрын
You will soon regret that as the biggest mistake you have ever made.
@ericheisler5351
@ericheisler5351 Ай бұрын
@@loupugliese4576he’s got a lot of metal.
@Icureditwithmybrain
@Icureditwithmybrain 14 күн бұрын
@@loupugliese4576 You are right, he has no discernment.
@ronsbasement
@ronsbasement Жыл бұрын
Yet another great video from my friend Bald Guy Money! Good job.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Hey Ron! Waiting for you to dye your hair red 😆 Thanks for dropping a comment. Sending my love brother.
@michaelnoeldner379
@michaelnoeldner379 Жыл бұрын
Another great informational Video.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Glad you enjoyed it. All the best!
@stevekamitsis1327
@stevekamitsis1327 Жыл бұрын
Stavros in Florida caught your video and enjoyed it thank you for the update this last year added a little more to my stack but have grown my stack to a little over 1300 Oz bought some dips
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Hey Stavros! Nice to see you in the comments. Wishing you a great holiday tomorrow!
@romulus1300
@romulus1300 Жыл бұрын
Nice. First video I’m watching today. Good morning.
@quinnjhartnett7185
@quinnjhartnett7185 11 ай бұрын
Good job and thank you for your work
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Cheers!
@maxcc9161
@maxcc9161 11 ай бұрын
Thanks I watched it again! Superb!!!
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Thanks again!
@silversliver1592
@silversliver1592 Жыл бұрын
thanks, information i like to know about.
@motoscro951
@motoscro951 Жыл бұрын
Hopefully a Bric’s gold peg will break the comex and LBMA paper scheme. Let the market set the price.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Let’s see. I keep my expectations low, but I’m ready to be pleasantly surprised if it happens.
@ericheisler5351
@ericheisler5351 Ай бұрын
It’s BRICS Brazil, Russia, India, China, South Africa. That’s a lot of trade power.
@davidgardner8364
@davidgardner8364 11 ай бұрын
Do a further breakdown Take the to1% and make that 100% then breakdown what it takes to be in the top 10% of the top1% David
@journeyman6752
@journeyman6752 11 ай бұрын
Great video and well articulated! Watching from Sydney, Australia.
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Cheers! Aussies are always welcome here.
@ILLUMINATOR49
@ILLUMINATOR49 Жыл бұрын
Nice contribution to knowledge
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Cheers!
@Knife_Collector
@Knife_Collector Жыл бұрын
If I had bought only silver (at todays spot) I would have had around 5500 ozs. But traded some for gold, and have been buying gold since, as it's easier to carry if I move, a fire, tornado or other occurrence happened. I invested some of my retirement into metals, and had been buying over the years. I am single, so I can spend as I please.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Gold is definitely a great thing to have. I hope I made that clear at the end of this video. Cheers!
@bellydancerabiar7809
@bellydancerabiar7809 Жыл бұрын
I have my 30 pieces of silver. Hence I am saved. 🙏🕊❤️
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Bless you!
@rickengman
@rickengman Жыл бұрын
Great info. BG, always appreciated. Got a little more Stacking to do before I can slide into that 0.1%...😂
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Rick!! Hope you made it to your destination safely brother. We miss you in the Discord.
@TheRealWalkingJourney
@TheRealWalkingJourney Жыл бұрын
Thank you very much
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Cheers!
@UrsaMinor2010
@UrsaMinor2010 Жыл бұрын
Good video.
@gregorystewart2732
@gregorystewart2732 4 ай бұрын
Tassieboy here just cracked the 2000 troy oz.of silver so getting close to the 0.1% top group.
@derekeano
@derekeano Жыл бұрын
6:24 I wish I could have seen your face after you read “hey baldy” and chuckled lmao
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
😂 I couldn’t help myself.
@mysterybuyer3738
@mysterybuyer3738 11 ай бұрын
Thanks for doing this video. Any plans to start talking about platinum?
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Hey - thanks for watching. Not really - I don't buy it. I will continue to talk about gold / silver and its relation to housing and the stock market.
@fanndisgoldbraid3183
@fanndisgoldbraid3183 2 күн бұрын
Right now (June 25, 2024) a superbox of 500 Silver Eagles is about $17,300 (spot silver is $29.01). That is entirely doable for most Americans, but they do not consider it important.
@baldguymoney5568
@baldguymoney5568 Күн бұрын
Let's put thing into perspective - about half of Americans cannot afford a $1000 emergency. I would say that is a lofty goal to accumulate for most.
@TimothyWhittingtonYeOldeRufus
@TimothyWhittingtonYeOldeRufus Жыл бұрын
Thanks
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
You’re a man of few words - but I appreciate you! Thanks for commenting Timothy.
@NickFortier
@NickFortier Жыл бұрын
Hey, thanks from Canada 🇨🇦 happy 4th of July America 🇺🇸 🎉
@MetalBum
@MetalBum Жыл бұрын
Nice man
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thanks!
@bengmelea8646
@bengmelea8646 9 ай бұрын
I have 4,653 Toz of silver, in both coins and bars, so make the top 0.1% of silver owners in the world, but not the USA, AND I subscribe to your channel!!!
@baldguymoney5568
@baldguymoney5568 9 ай бұрын
Thank you Pete!!
@corbettroberts
@corbettroberts Жыл бұрын
I like the global list better lol
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Same here.
@lastlegacy3658
@lastlegacy3658 Жыл бұрын
Enjoy your video's! How about Europe? Perhaps fun to add to your collection if videos!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Might be nice to do! Thanks for the recommendation.
@DavidJames-ms6rt
@DavidJames-ms6rt Жыл бұрын
Another great video there BGM. I wasn't surprised at the low figure to get into the 20% or even the top 5%. In the western world we are conditioned to buy crap, (on Credit) buy high and sell cheap, its like a Hamster Wheel of failure for 95% of the population. I was the same but woke up one day 20 years ago and said 'why am I doing this' and broke the cycle. Its such a pity that most people never ever break this 'doom loop' and realise what they are doing!!
@__3800
@__3800 Жыл бұрын
Stupidity feeds the wealth, let them stay down there. It's all work of nature.
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Great comment here! Thanks for adding that. You’re 100% correct.
@budgetcoinhunter
@budgetcoinhunter Жыл бұрын
I mean, I see silver as 3 things: - A store of wealth. I take the fiat I have now, and park it in silver. - A layer of savings. If I need fiat later because I don't have enough, it's easy to get fiat for it. - A bridge between currencies. If all else fails and the USD shits itself the way the ZWD did, it won't be Mad Max. We'll just stop using the USD, and use another fiat currency we find valuable. Silver can easily be traded for that new fiat.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
We see it very much the same way.
@MissLibertarian
@MissLibertarian Жыл бұрын
Love the green shirt: makes your eyes green!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Why thank you!
@cb750k1974
@cb750k1974 Жыл бұрын
Mornin' Mr. Baldy. The problem with silver is the bulk and weight. Great vid!
@silverliner4894
@silverliner4894 Жыл бұрын
It does weigh alot but you would be surprised how much you can put into a small cooler
@kevinw9073
@kevinw9073 Жыл бұрын
That should NOT be a factor that should discourage you in any way from buying silver. I have stacked since 2008.
@michaoginski6220
@michaoginski6220 Жыл бұрын
Dzięki, pozdrawiam. 😉
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
🇵🇱 🥈
@paulpalomo417
@paulpalomo417 11 ай бұрын
Great job BGM, very informative especially your math calculations are very accurate. Your love of math is wonderful, well done. Got a kick with "the Whales amongst us", those in rarefied air. Those with in the 12,294 to 16,146 ounce category the 0.1 percenter's. I've heard of crypto Whales, but never Silver Whales until this video. Maybe someday, if possible devote a portion of the video to those that made the Silver Whale category. What types of backgrounds do they come from etc, I know for a fact it's possible even for an average individual to become a silver whale. With time, patience, making wise decisions or maybe shifting assets into precious metals (silver with delivery) one can achieve the whale level.
@jackkonnof4106
@jackkonnof4106 Жыл бұрын
This may be the only thing I am 1% of, in this world. Now if it would just go up to its 1980 price I might feel like I am worth something but no, I just listen to all the idiots that talked me into buying it while the price stays low for 10 years while the entire world falls apart. Amazing. I'm more convinced silver will never go up because , I own it.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Have you tried gold?
@jackkonnof4106
@jackkonnof4106 11 ай бұрын
@@baldguymoney5568 Yeah, I have about 25 % in gold and lately had to cash a little in and actually made a little versus what I would have lost if I would have sold silver. I bought the gold because it's more stable in case I ever needed to cash some in. Thank you for your work I really enjoy your channel.
@giborchayil
@giborchayil Жыл бұрын
Awesome do this with GOLD!!!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Have you seen this?: kzfaq.info/get/bejne/eLt4o8V63q6nfJc.html
@HistoricMetals
@HistoricMetals Жыл бұрын
1% - check. 0.01% - nope. I'm good with that and still growing... but also going gold, so if you do it by ratio, I'm in real good shape. Then there is my numismatic collection as well. That's a whole other situation though. THOSE are the "investments", next to the "store of wealth" piles in the safe.
@rvnmedic1968
@rvnmedic1968 Жыл бұрын
We have almost 900 oz. I'm not a millionaire but waiting and waiting for silver to be $200 an oz.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
That’s a great stack!
@williamduval9856
@williamduval9856 2 ай бұрын
Are you related to Howie Mandel 😂😂😂 regardless I love your channel.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
😆 maybe??
@firarihd4672
@firarihd4672 2 ай бұрын
Could we get a breakdown of how many oz are needed to be in the top 10% and 5% in the USA?
@thefireman285
@thefireman285 Жыл бұрын
I have changed my thoughts (thanks to you) from valuing PM's in $, to asset categories instead. BTW, and not making a big deal of it, We are celebrating Independence Day, not "the 4th of July." I agree it is common to say and I know you know it too, however, I am always astonished at the number of Americans who do not know.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Cheers Fireman! Happy Independence Day :)
@emills1417
@emills1417 11 ай бұрын
Great content my bro. I'd be a 1% on the chart.
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Cheers!
@mauricemartin2982
@mauricemartin2982 2 ай бұрын
64 oz
@tomchew6265
@tomchew6265 11 ай бұрын
I have 4,300 oz of silver and 7 oz of gold - feeling very good 💪
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Wow!
@MetalBum
@MetalBum Жыл бұрын
Everyone should stack
@POP80Y.8
@POP80Y.8 Жыл бұрын
Thank you Sir, A Gift from the sky,,, Buy Buy Buy physical, Any fiat left Repeat, They cant print Silver /Gold.
@geramyballard5293
@geramyballard5293 Жыл бұрын
I’m new to your channel and really enjoyed your video on what it takes to be in the top 1% silver stackers. I currently have 405 ounces of silver, I started stacking in April of 2022. What if I rolled over my IRA into a physical gold and silver IRA, would that count for the top 1%?
@mikkimikki5376
@mikkimikki5376 Жыл бұрын
Not until you "take delivery." 😊
@markakira8988
@markakira8988 Жыл бұрын
Physical is 👑, but that is just my humble opinion.
@geramyballard5293
@geramyballard5293 Жыл бұрын
@@markakira8988 I agree that physical gold and or silver is king. I got a late late start but I’m doing what I can, I don’t have the most nor do I have the least but I do have what I’m able to do. Just grateful that I at least started.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
It depends on your point of view. Some say if you don't hold it, you don't own it. I lean towards that direction but I also understand why big metals owners vault their metals - the risk is simply too high. So, I would say it's up to you what you want to count. I would not count it myself.
@sanpedrosilver
@sanpedrosilver Жыл бұрын
With the decade or two, most of us can be in the top 0.1%. ✅
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
That's true - maybe at some point you just focus on gold though.
@sanpedrosilver
@sanpedrosilver Жыл бұрын
@@baldguymoney5568 Yes! First decade was all about Ag, then transitioned to Au and a bit of Pt. Now I stack whatever is “cheapest” when in the market. Thx again 👍🏼
@atillaar421
@atillaar421 Жыл бұрын
This comparison clearly shows us how underpressure silver price is, if we could have managed to add the manipulation in numbers to the formula, we would see the number of ons needed decreasing.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Let’s see what happens over the next few months. Sending my best wishes brother. God bless!
@kylecrane5751
@kylecrane5751 Жыл бұрын
I like to buy 10oz of Ag and 1g of Au or 2g of Pt every paycheck. It's harder to liquidate for me and my overall savings has increased more than in the bank. Though, I also spilled some Au dissolved in aqua regia and coated a ring stand in gold on accident. So maybe my ring stand is worth more money now with a anti corrosive coating😅
@richarddeconcilio9127
@richarddeconcilio9127 Жыл бұрын
Love you different thinking on metal stacking. Glad you didn't sell out to a sponsor. Stay independent...
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thanks for your support. I like doing what I do and I have a great Patreon community that replace the sponsors.
@bobandmaryw4336
@bobandmaryw4336 Жыл бұрын
57% 🇺🇸 Americans can’t scrape together $1,000 ! However , those numbers who hold so much? Who are they? Certainly, not us. I’d be in the realm of those who scarcely could scrape up the thousand fiat! Having that amount of extra cash would be a blessing, honestly! I guess the Americans who have that kinda stack would be on the Robert Kiyosaki, type individuals or Jamie Dimon , JPMorgan traders! Alas for us normie Americans. The boat is sinking like the Titanic!😢 Thanks for the video. Have a blessed holiday!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
You too!! Great to see you in the comments. The wealth gap is growing and it’s not good. Have a blessed 4th of July!
@GSmetals
@GSmetals Жыл бұрын
Gold and silver is real money
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
They are certainly more real than paper.
@stevenrowlandson9650
@stevenrowlandson9650 4 ай бұрын
I am half way between the world and the USA in the .1% category. This had better be worth a 34+ year wait.
@stevenrowlandson9650
@stevenrowlandson9650 4 ай бұрын
I also live in my minivan as I have been priced out of the real estate market...
@shadowbanned4days
@shadowbanned4days Жыл бұрын
Man,..im on the cusp of 2,000 oz of ag. I only have a tube of 20 gold buffaloes though. Im a silver BULL
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
That’s awesome! Great stack.
@user-si9pq1lm5u
@user-si9pq1lm5u Жыл бұрын
Hey Baldguy,, first of all I would like to say I’m a big fan of your podcast. Thank you and keep up the good work! Next, in regard to “crypto experience’s” question and your response to his question regarding the pegging of gold by the BRICS nations in August, I must say I strongly disagree with your response. I believe that the best thing that could happen for us stackers would be if they went ahead and pegged gold to their cumulative M-1 money supply ( or whatever each country in the BRICS nations calls their equivalent to ours here in the U. S. ) in order to get a fair value And fair and strong backing to their new payment currency! They can use a 40% backing to gold like we had in the US when we were on a gold standard. If they do indeed use this as a yardstick to what they would need the price of gold to be, I believe, even if cumulatively their combined M1 money supply is 1/2 of our M1 money supply and they would have to peg the price of gold to at least $7500 an ounce! The reason I use that number is James Rickards uses the M1 money supply in the US as an example of what the price of gold would be at a 40% gold backed standard, and he says we would have to be at around $15,000 an ounce and half of $15,000.. is $7,500.,…now that makes sense. I also would like you to know that I agree with you 100% about “letting te free market determine the price of gold”. However, as we’ve seen over the last decade or more, that that is certainly not the case! We are all aware of, the gold, and silver markets being two of the most manipulated markets at the CME and the LBME. How long would it take for the price of gold to reach the $7,500. level under these manipulated conditions? Probably 20 years or more and none of us want to wait for that! Andy LaPenta The P.M. Rant
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
That sir is how you respectfully disagree with someone. Thank you very much for disagreeing and then stating why. This are my favorite kind of comment. My only rebuttal is that historically pegs have not been adjusted frequently enough to reflect the real value vs. money supply increases. Let's see how things play out. You are 100% correct on the issues with Comex & the London Metals Exchange - I am not sure this new currency will do much to change them, but time will tell.
@albing1397
@albing1397 Жыл бұрын
Many people stack PM to avoid counterparty risk. However, if you think about redeeming your stack (you can't eat or wear it!), you rely on other party's to pay you a "fair" value. Will the LCS be able to get cash from a bank? Who will set the "fair" value after a reevaluation of the currency? Even barter may see speculation, and black markets are always over priced. Silver will be more valued than a paper dollar in such Mad Max situations, but its' value is unknown for now.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
The question is - should we expect a Mad Max situation? In general, we are becoming more civilized - not less civilized. I am not saying bad things don't or won't happen - but Mad Max is Hollywood, we have to stay firmly grounded in reality.
@FerventReminder
@FerventReminder 10 ай бұрын
@@baldguymoney5568I don’t know if we are becoming more civilised. I feel it’s the opposite to be honest.
@rickraybourn7456
@rickraybourn7456 Жыл бұрын
I have around 1100.oz of Silver
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
That’s a great stack!
@Joel-ut7vi
@Joel-ut7vi Жыл бұрын
Been a horrible hedge against inflation. Will that ever change? Just disastrous, and will get worse in short term.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I’ve done some videos on that. Here’s the best one: kzfaq.info/get/bejne/bKmIeNtoxJuqqHk.html
@jedclampett6466
@jedclampett6466 Жыл бұрын
You're speaking to the choir regarding delayed gratification. 16 years holding a sizeable pile of uncirculated IQD.
@silverbushman
@silverbushman Жыл бұрын
Sum total 5000yrs mining gold is saved silver used up world debt 333trillion reality 888trillion ❤ freewill is freedom!
@markgotschall2914
@markgotschall2914 Жыл бұрын
If and I say if I converted my G for S I would be in the top 0.1%, does that count?
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Sounds like you're doing very well!
@__3800
@__3800 Жыл бұрын
Why don't you? I don't think it works that way. If I convert my half a mill boat for S...
@alanvancleave1068
@alanvancleave1068 Жыл бұрын
Almost a 0.1 %er . Close but no cigar .😁
@letsfixit1594
@letsfixit1594 Жыл бұрын
Btc Au Ag
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Yes!!!!!
@Volkswagenplanet
@Volkswagenplanet Жыл бұрын
Here is a great question to answer. If the U.S. dollar is collapsing and the advice that everyone is pushing to go into gold. Why would you buy gold eagles or buffalo? If gold is gold, why pay the extra premium on a failling country. I only buy eagles , but I live in the U.S. WOULDNT it be wise to buy the same quality .999 or .9999 fine from other top counties. I think everyone is just repeating each other. When the truth is not being told. Just my 2 cents. Thank you for all you do for the community. Stay safe.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
People buy them because of the recognizability & liquidity (Internationally & in the USA) - I on the other hand do not. I find the premiums to be illogical. I focus my stacking on Britannias, Maple Leafs, and Pamp Suisse bars.
@Volkswagenplanet
@Volkswagenplanet Жыл бұрын
@@baldguymoney5568 I agree with your pattern. Once I hit my goal with gold at the end of the year with gold eagles, I will be switching to others. Thank you for responding. As a KZfaq creator I feel we owe it to anyone who takes the time to watch and comment.
@Volkswagenplanet
@Volkswagenplanet Жыл бұрын
This has nothing to do with this topic of your video, but how do you feel about the other metals. Plat and plad are several times scarce than gold or silver. I know they are used for cats in gas powered cars. These used to be twice the price if gold a few years ago. Makes you wonder if this is the time if a lifetime to buy. Once the war started in Ukraine, these metal talk went silent. I have a few ounces if each. I can't stop thinking " what if ". What do you think. Maybe a future video topic? Thank you again, for your time
@timrader1260
@timrader1260 Жыл бұрын
Well they are going away from gas vehicles aren't they?
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Hi! Thanks for the question. I am agnostic to those metals in the sense that I don’t stack them and don’t think much about their performance. The fact is - they are not performing well and as I see it, will be needed less and less in the future.
@colingrant9177
@colingrant9177 9 ай бұрын
It is certainly a thought experiment for sure. What kind of value would you see from a Platinum Eagle if it is worth 100 ASE or 10 AGE and who is going to enforce that price ratio or does it all go to melt value with no regard to what is stamped on the coin? The former would make the Platinum Eagle the most undervalued coin that is minted in the US.
@Volkswagenplanet
@Volkswagenplanet 9 ай бұрын
@@colingrant9177 you are correct. Plat is a lot scarcer than gold. Plat was always priced over gold til the last few years. That is one thing i cant or nobody else can explain. Most will say plat is not used as much due to catalytic converters going electric cars. Russia is the leader of plat. They own there mines.and will not export. I think plat and plad are going to outshine gold one day. I have bought a few ounces of each every year since it dropped below gold price. The biggest thing you have to rember about plat and plad that they are industrial metals like silver. Keep that in mind. Gold is the storage of wealth. Hope the info hepls you out. If i missed any part let me know. I will answer it for you. The truth, not like all these other guys who just watch this video and make there video saying the same word for word. I physically hold all five metals including Rhodium.
@Volkswagenplanet
@Volkswagenplanet 9 ай бұрын
@@colingrant9177 remember in the end its worth melt when sold. Doesnt make a differece where its from. U.S. has a premium because its easier to sell here in the states. Some coin shops wont even buy them
@TexSilverFarmer
@TexSilverFarmer Жыл бұрын
What would the top 0,001% be?
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
lol A ton!
@bonnieiker3640
@bonnieiker3640 Жыл бұрын
I want to make sure at our age being 70 and 73 we can live warm, dry with bellies full. LOL. However when we pass wants to be sure we actually leave something of real value to our children. We have 5 acres on a lake small retirement home no bills. What is best way to keep our home warm, belly full and leave for our kids?
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Thanks for watching. As I don’t know your situation in detail; it’s hard for me to say what I would do. Best way to leave something behind is to stay out of debt - that’s my motto.
@bbustin1747
@bbustin1747 Жыл бұрын
What those numbers tell me… I shouldn’t consider the USA 1% and to live here 😂. the best deal for millionaires is definitely delayed gratification outside the USA
@oledog8391
@oledog8391 Жыл бұрын
The air’s so thin I’m turning blue…
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
A silvery blue?
@oledog8391
@oledog8391 11 ай бұрын
@baldguymoney5568 Did you know that those who drink too much colloidal silver turn blue?
@ownsilver
@ownsilver Жыл бұрын
I hear that silver is in deficit what says you
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
You know what I say - it’s true!
@bluecollarbullionballer4269
@bluecollarbullionballer4269 Жыл бұрын
I'm the 1 percent yeeahhhh!!!!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Woohoo!!!
@bluecollarbullionballer4269
@bluecollarbullionballer4269 Жыл бұрын
@@baldguymoney5568 lol
@MrMoss786
@MrMoss786 Жыл бұрын
The brics settlement currency will be inaccessible to any non brics country and will be assigned an agreed value within brics. Sort of like a gold bar with a unique brics serial number. All brics countries will honor a specific value in grams of gold for specific commodity weights forever.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Yes - you get it!!
@steveg6512
@steveg6512 Жыл бұрын
Can you go a bit further? 0.05% 0.01% Perhaps as a comment.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Haha. That’s as far as I can go. Wish I could do more though.
@nicolasgilbert8850
@nicolasgilbert8850 Жыл бұрын
Bitcoin will do better than PM's (both good) since you dont need a sense of reality and it is easily traded and identified. Market cap 1 billion peanuts lol
@silverman5707
@silverman5707 Жыл бұрын
I am in the US and am an older person, other than a coin dealer or two I don’t know anyone that has a 2k + oz stack.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
That's why they are the 1% & 0.1%. They are rare! Thank you so much for watching.
@dannygonzales7923
@dannygonzales7923 Жыл бұрын
BRICKS HAVE THE BIGGEST GOLD MINES !! THEY HAVE THE RESOURCES TOO !!!!!!! DONT THEY !!!
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Sure - but they struggle with productivity and innovation.
@dannygonzales7923
@dannygonzales7923 Жыл бұрын
@@baldguymoney5568 NONOSENSE THEY ARE THE BIGGEST PRODUCERS IN FACT THEY HAVE THE BIGGEST SURPLUS BUT ITS LOOTED VIA THE DOLLAR DEBT TRAP AND WAR AGAINST THEM CHINA HAS MOVE INNOVATION THAN ALL THE G7 AND G7 CANT COMPETE WITH MILLONS OF SKILLED WORKERS IN CHINA !!!! NOW THE BRICKS ARE UNITING AND FREEING THEMSELVES FROM DOLLAR CONTROL !!! SO TRY AGAIN LMK
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Funny - if China is so good at innovation, why do they steal so much tech from western companies? India struggles with productivity because of the hierarchical management systems and processes in place. I did not imagine these things.
@fooey9013
@fooey9013 11 ай бұрын
Bald Guy........ Are gold IRAs safe or scam?
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Depends which one.
@MrLewis-lk8us
@MrLewis-lk8us 11 ай бұрын
What is this BTC fascination? I love crypto but BTC’s corporate organization, corporate officers, creators, board members and statements of financial accounting are an absolute and complete mystery. In the future all monies (crypto or fiat) will have to publicly release the hard assets backing them and a confirming balance sheet. What on earth makes you think BTC will publicly disclose this information? BTC is going to zero.
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Bitcoin is not centralized - it does not have a corporate organization. It's like gold in that way. That is what attracted me to it. I have heard theories about the genesis of Bitcoin, but serious friend of mine who know computer code have assured me that Bitcoin is beyond the control of any government / organization.
@Handle_number_7
@Handle_number_7 Жыл бұрын
I can see collecting/stacking 2500 ounces. Perhaps even a bit more. But 12K? The idea of 800 pounds of silver is unappealing to say the least lol Now if a side business of melting/casting were really booming, perhaps there'd be periods of time where I might have large quantities laying around. But that would be unnerving without extreme security measures.
@fillmorehillmore8239
@fillmorehillmore8239 Жыл бұрын
The knock on silvers weight is also its asset. Its much harder to steal 100K worth of silver than it is 100K in gold, even though it is harder to store due to its volume.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I agree - at some point enough is enough. You have to move to gold at some point.
@lowbloodprsure
@lowbloodprsure 11 ай бұрын
More like Crapto-experience
@baldguymoney5568
@baldguymoney5568 11 ай бұрын
Be nice.
@Terry-zr6ys
@Terry-zr6ys Жыл бұрын
Hey baldy!!! Lol. That was funny. That's what my children say to me.
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
I laughed.
@hughmungus6838
@hughmungus6838 Жыл бұрын
0.5 % here
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
Impressive!
@scottthomas7147
@scottthomas7147 Жыл бұрын
I only have 1750 oz of silver, does that put me in the Top 2 percent? 🙂
@baldguymoney5568
@baldguymoney5568 Жыл бұрын
That makes you a worldwide top 1% owner 3 times over.
@scottthomas7147
@scottthomas7147 Жыл бұрын
@@baldguymoney5568 Thank you! Love your videos!
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