Is There Enough Gold & Silver For Everybody? The Answer Will Shock You!

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Bald Guy Money

Bald Guy Money

3 ай бұрын

Join the Bald Guy Money Patreon Community for great additional content: patreon.com/user?u=85209064
Check out www.pimbex.com/ for all of your bullion needs.
Call them at 888-892-9363 for a free chat about your IRA!
Link To The 1 Oz. Silver Round Featured In Today's Video:
www.pimbex.com/purchase-bulli...
In this video show you exactly how much silver & gold exists for every person on the planet. This is an interesting exercise that shows exactly how rare precious metals are - but more importantly shows you how little gold & silver you need to get your "fair share".
In addition to the main topic I also answer a viewer question on Central Banks and whether they stack silver or not.
Be sure to watch to the very end because it is full of useful information.
None of this advice - I am not a financial advisor - this is educational material!
Links to data sources:
India Silver Article Link
timesofindia.indiatimes.com/b...
Gold Demand Breakdown
www.statista.com/statistics/2...
Currency Reserve Data
www.statista.com/statistics/2...
How Much Gold & Silver Has Been Mined
www.royalmint.com/articles/in....
World Population Data
www.worldometers.info/world-p...
#silver #gold #silverprice

Пікірлер: 486
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Join the “Bald Guy Money” Patreon Community for great additional content: www.patreon.com/user?u=85209064 It's only $9.99 a month (discount for full year subscribers)!
@erichansen3641
@erichansen3641 3 ай бұрын
Thanks for another well researched presentation. I am still holding to the 40:1 ratio of Silver to Gold as you recommend.
@aceofspeed4451
@aceofspeed4451 3 ай бұрын
Your message is sound, but its also common sense. Please highlight the value in paying a subscription for common sense. FYI, when the catalyst to a bank holiday resets the USD global currency, gold will be the sole peg used to restart a single global currency. The catalyst will be BTC taking down the derivative markets btw. This is the plausible deniability the elites will use to justify another global lockdown (this time financial).
@michaelmohrle1773
@michaelmohrle1773 3 ай бұрын
Silver is still valuable even if it has tarnished.
@jisskk28
@jisskk28 3 ай бұрын
Of course
@debralabarge614
@debralabarge614 3 ай бұрын
Toned not tarnished
@michaelmohrle1773
@michaelmohrle1773 3 ай бұрын
@@debralabarge614 Yes, silver can look better with some toning ! They say never clean coins.
@jimscherer8072
@jimscherer8072 3 ай бұрын
Toning is corrosion. Beautifully toned coins sometimes have a higher premium.
@fillmorehillmore8239
@fillmorehillmore8239 3 ай бұрын
@@jimscherer8072 I have a few. If the weight and size comes out on target and has a tarnish then it is genuine.
@Elle20324
@Elle20324 3 ай бұрын
This presentation is not only shocking but absolutely brilliant! This debauched financial system we live under brain washes you into thinking that you need to own paper assets that produce an income, but as Andy Schectman says "Gold & Silver is wealth and real money!" Brilliant presentation!!
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you for watching.
@jeanmurry4876
@jeanmurry4876 3 ай бұрын
Damn, Bald guy ,I don't have to do any Research. You've everything covered from Head to Toe. Excellent Job Sir. Vince Murry
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you for watching.
@doctornorth5592
@doctornorth5592 3 ай бұрын
Gold is to central banks as silver is to large manufacturing
@edb3877
@edb3877 3 ай бұрын
The thing about gold is that even central bankers recognize that it is the bedrock of the financial world. Paper currencies come and go and few lament that process, unless they live in a country that has had a currency collapse and then it means that their life savings, if any, have gone bust. This seems to be the thing about Asia because there are so many people there who either have lived through a currency collapse or someone in their family has done so. Such memories tend to be passed down to younger generations so that the effect of a currency collapse won't be forgotten.
@purpletulip6499
@purpletulip6499 3 ай бұрын
I am Chinese, so I stack gold 90%, silver 10%. Most People around me in Asia where I grow up from, value gold and not silver.
@bruce5895
@bruce5895 3 ай бұрын
Silver prices have been rising alot faster than gold prices now, each to his own
@fritzbender5050
@fritzbender5050 3 ай бұрын
keep in mind the health effects colloidal silver etc. to stop infections. You can save lives in bad situations.
@SandyMMMM
@SandyMMMM 3 ай бұрын
我金银各一半,少量铂金。
@bobsilver3983
@bobsilver3983 3 ай бұрын
The Silver Storm is coming
@sbentsen2714
@sbentsen2714 3 ай бұрын
Ah interesting
@donovanmyers7600
@donovanmyers7600 3 ай бұрын
Fiat is dying, either the US will go back to Gold And Silver money or it will cease to exist as a country.
@therooster6104
@therooster6104 3 ай бұрын
Excellent point, unfortunately it will probably be the cease to exist, at least it seems that way now 🤝
@Gold_Silver.
@Gold_Silver. 3 ай бұрын
Article 1 Section 10 Clause 1 💪🏽
@samuelnewitt6978
@samuelnewitt6978 3 ай бұрын
It's starting already with state reserves
@petertran358
@petertran358 3 ай бұрын
We are never going back to a gold standard ever again. It's just simply impossible in this modern digital age.
@noctilucent7396
@noctilucent7396 3 ай бұрын
Governments buying gold not bitcoin, gold backed crypto incoming
@bruce5895
@bruce5895 3 ай бұрын
You know when I was a kid spending money if I had bought 1 oz of Gold and 25 ounces of Silver when I started working every year, I would probably be a rich man today, my father bought silver but never really saw the prices go up, so that put me off metals until later on in life, now I know how important metals are to have in my life to protect wealth, I guess better late than never. I say this so all the younger generation can have a heads up and get the idea in their head and do whats right for them.
@edb3877
@edb3877 3 ай бұрын
There will be some who see the wisdom in your comment but many in the younger generations think that digital everything is the way to go. I see their attraction to this but do not share it. As a stock investor of 40+ years, I can't find any way to value the various cryptos. When researching a company, one can look at their assets in terms of plants, equipment, land, technology, patents, plans for growth, markets entered and new market potential, spending, debt, cash flow, taxes paid, etc. There's nothing like this for the cryptos, so it's basically whatever someone will pay for them. This makes them a speculation, not an investment. Sure, money can be made speculating, and there is no doubt of that. But it also can lead to a substantial loss of capital if one is not very careful. Hopefully, it will work out for them and not be too painful. But pain can be an excellent teacher.
@lamarravery4094
@lamarravery4094 3 ай бұрын
​@@edb3877I just can't believe Bitcoin is still around. I see no value in it, it isn't a tangible asset, why would anyone want it and why is it valued more than gold? Lol, doesn't make sense. I'd rather have gold.
@bruce5895
@bruce5895 3 ай бұрын
@@edb3877 The younger generation will learn a painful lesson one day when gov. start banning and owning crypto currency because their not getting their tax dollars out of it and its in direct competition to the currency of the country.
@edb3877
@edb3877 3 ай бұрын
@@lamarravery4094 I think that it is the fact that cryptos are new that make them attractive to some people. Appreciating the things that have withstood the tests of time is something that most of us have to grow into via our own life experiences. I see the prices of bitcoin and gold as being reversed. It is not bitcoin that should be $70k per oz. but gold. At some point, this is likely to become clear to one and all and when that times comes everyone will wish that they either had gold or more gold than they do. Here is a thought that ALL crypto lovers should consider: The US Gov and the Fed derive enormous power from their ability to create "money" out of thin air. These entities also do not share power easily or at all if they can avoid doing so. Currently, we see NO competing paper money in the US. Most other nations are the same and for the same reason. What is it that makes anyone think that the US Gov and / or Fed will tolerate ANY competing digital currencies once the CBDC comes out? I don't see how they would or could. At that point, what happens to the cryptos? Will they be banned, as in China? Will the US Gov simply buy them out at some fixed price, declaring them to be invalid after that time or forbid any and all commerce in them? There are multiple possibilities here but few of them will be good for cryptos holders. Note also that the central banks and most governments are not stacking cryptos. They ARE stacking gold, however, and lots of it.
@SupplementalDinner-zs4np
@SupplementalDinner-zs4np 3 ай бұрын
Well organized and thought out, well researched, and highly relevant. Bald Guy is the smartest You Tuber out there and is a treasure.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you!
@thomasbeslanovits9163
@thomasbeslanovits9163 3 ай бұрын
BALD GUY YOU DO HAVE GREAT WAYS TO LOOK AT SILVER AND GOLD MUCH IS OVER LOOKED AT HOW YOU PRESENT IT I JUST LOVE WHAT YOU BRING TO THE TABLE THANK YOU.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you for watching!
@timgibson3754
@timgibson3754 3 ай бұрын
WHAT?
@daddytheman9957
@daddytheman9957 3 ай бұрын
I started collecting coins when I was around 12, today I am 60. In 1984 I bought my first gold coin, a 1/2 ounce US commemorative. From that point on I only collected US gold and silver coins. In 2010 I lost my job and it took me 25 months to find work again. I supported a family of 6 and saved our home because of all the years I had been stacking gold and silver. I try to stack at least 3 ounces of gold and 100 ounces of silver per year. It has worked out very well for me. Formulate a goal, get started and stick to it, 40 years will go by in the blink of an eye. When you reach retirement age you’ll be set and if you pass before you can enjoy the fruit of your labor you can leave it to your children. Good luck.
@jaydemay7
@jaydemay7 3 ай бұрын
There are so many "trusted" KZfaqrs out there hawking silver that have tens of thousands of subscribers. The problem is they are not telling the truth. Then there is BG who has far fewer followers and yet is actually telling the truth! You use wise, sound methods to create content! So refreshing! Thanks for all you put into every video! Cheers!
@patrickleonard1410
@patrickleonard1410 2 ай бұрын
That sounds about right! I remember that an issue of national geographic issue titled " Silver a mineral of excellent nature" that if silver was equally divided by the worlds population,it would be 6.7 ozs,that was about 45 years ago....
@aucourant9998
@aucourant9998 3 ай бұрын
I stopped stacking when I reached 7ozs gold and 200 ozs silver. I now buy stuff I need or things I enjoy, like a new bike, lenses for my camera etc. These things should hold their value too. I notice that the price of cars here in the UK has shot up over the past few years, so even if gold does rise, the price of the things you can buy with it has also gone up. By the time silver hits $100, a loaf of bread might cost $20 or $30.
@darksauske75
@darksauske75 3 ай бұрын
Right which is why I always tell people the price of Gold and Silver don’t really matter. It’s all about purchasing power. There’s no floor to fiat so therefore no ceiling to Money (Gold/Silver) or other commodities.
@jonh8125
@jonh8125 3 ай бұрын
Suggest you try following Lynette Zang. Alasdair macleod & Andrew Maguire @ Kinesis money... Used prices on cars in the UK are coming down . I couldn't sell one for the same as auto trader prices (same specs and mileage as others) and had to drop price slowly by 2k until it went . Took about 4/5 months to shift it .
@lamarravery4094
@lamarravery4094 3 ай бұрын
Gold went from $35 to $700 in the 1970s. Bread didn't go up 2000% during the 1970s.
@aucourant9998
@aucourant9998 3 ай бұрын
@@jonh8125 I wanted to buy a Ford Connect back in 2022, the price then was £21,000. I was waiting for gold to go up before buying. I hung on and now a Ford Connect is £26,400.
@jonh8125
@jonh8125 3 ай бұрын
Remember guys. Vehicles ..... Houses do not go up in value, it just takes more of that devaluing fiat currency to buy the same thing. Gold / silver is being manipulated through ETFs. Andrew Maguire has spoken about the market manipulations .
@martinstallard6173
@martinstallard6173 3 ай бұрын
this video keeps it all in perspective.. gold and silver are rare commodities.. we all should have some.
@domatthew1666
@domatthew1666 3 ай бұрын
Thank you for the clarification about central banks not stacking silver. I was getting confused why Silver slayer and other metal promoters keep saying that central banks are buying silver.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
They are either lying or are just wrong. In the case mentioned - I think he’s just wrong. Be careful who you follow.
@faxbullog8361
@faxbullog8361 3 ай бұрын
Word is ib Morgan has ag
@dpirkl4560
@dpirkl4560 3 ай бұрын
Are they talking paper silver? Not the same thing.
@Spirit-FilledMindset
@Spirit-FilledMindset 3 ай бұрын
Silver slayer is a known scammer, spammer, and click baiter.
@domatthew1666
@domatthew1666 3 ай бұрын
@@Spirit-FilledMindset I'll take it that they are over enthusiastic.
@TheQuickSilver101
@TheQuickSilver101 3 ай бұрын
That's more than I would have thought. Of course it's not actually that much if you think about it. I appreciate the research. It's good to see how fortunate you are sometimes. Thanks, Bald Guy!
@johnrolavs6794
@johnrolavs6794 3 ай бұрын
I hold silver, gold and bitcoin, but out of the three I still prefer silver. It's a physical asset that doesn't rely on the banking system to extract its value. It has so many industrial uses it is ridiculous. At three points in the 20th century it got to the 16 to 1 ratio with gold... It hasn't done that once this century yet. Yes there's a major new discovery in Poland, but it will take them years to even start getting it out of the ground and even when it's developed it won't happen over night. Sure bitcoin might go higher, but it might get cut out of the banking system too if it's seen as a threat to CBDC's. Or if the web gets taken out in a conflict it could be decimated. Not financial advice, just my opinion. No matter how much I like something I never put all my eggs all in one basket.
@edb3877
@edb3877 3 ай бұрын
"Sure bitcoin might go higher, but it might get cut out of the banking system too if it's seen as a threat to CBDC's." My very thought as well. The creation of "money" by the central banks and governments of the world confer upon them enormous power and this is the one thing above all else that neither central banks nor governments share willingly, if at all. We don't see any competing paper currencies within nations, so why would they allow a competing digital currency?
@ComicLover-oj5sv
@ComicLover-oj5sv 3 ай бұрын
100% agree with this comment. Silver is my favorite too. I own 1/10 of a BTC. Enough to have a hedge, but not enough to hurt me in case we get a worst-case scenario. Only 2% of the world's population can own 1/10 of a coin assuming even distribution, so it's a much more significant position than it sounds.
@Cali_cruzin
@Cali_cruzin 3 ай бұрын
Well done! I think your breakdown simplifies this for many people who are new.
@williamfender661
@williamfender661 3 ай бұрын
Back in 1967, you could exchange a $1 silver certificate for one silver dollar. Hence, the $1 denomination. A $20 gold certificate could be exchanged for a $20 pre-33 gold coin. So the ratio back then was 20 to 1. Now, the gold coins have a denomination of $5, 10, 25, and 50. So technically, 50 silver dollars should get you a $50 gold piece. Somehow, it doesn't work that way now.
@treasuretim3
@treasuretim3 3 ай бұрын
50 eagles with a $1 denomination at ($28 each) is $1400 1 gold buffalo with a $50 denomination is currently $2200 or so So if it’s better to stack actual federally spendable bullion, than eagles are currently the go-to
@kenderosa8528
@kenderosa8528 3 ай бұрын
Well done. I never get tired of these gold/silver scarcity videos.
@MassEntrainment
@MassEntrainment 3 ай бұрын
India just bought a whole bunch of silver for some reason. Maybe included in the BRICS basket of commodities to be tokenized on the blockchain.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Please watch the start of my video - I address it. India did not buy any silver. Private dealers in India bought silver from the UAE because they were able to expose a tax loophole. So many KZfaqrs are spreading bad information. I’m not trying to come down on your comment - just trying to make sure people are properly informed.
@dpirkl4560
@dpirkl4560 3 ай бұрын
​@@baldguymoney5568so silver was bought, just not by the government or central banks?
@bowman243
@bowman243 3 ай бұрын
@@dpirkl4560. That’s correct.
@isabellaschopper8988
@isabellaschopper8988 3 ай бұрын
India nobody interest that corupt country
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
It was bought by private dealers looking to skirt some of the taxes. Look it up guys - the information is out there.
@fillmorehillmore8239
@fillmorehillmore8239 3 ай бұрын
I think some confuse (not saying your viewer comment) central banks with commercial banks. JPM has silver and is a commercial bank.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Could be - but it’s an important distinction.
@stevenmontplaisir3541
@stevenmontplaisir3541 3 ай бұрын
Warren Buffet is a billionaire admitted to having a billion dollars worth of silver. I am fairly sure that is not all physical . Although One reported addition to his stack was a 130 million oz.buy. He is a stacker not a slacker.
@edb3877
@edb3877 3 ай бұрын
He also sold that 130M worth of silver and somehow, coincidentally I'm sure, got a seat at the elites Big Boy table. We just can't have anyone with BIG bucks fooling around with a VERY profitable scam like manipulating the silver market.
@therooster6104
@therooster6104 3 ай бұрын
Thanks brother much appreciated 🤝 Glad I started buying at the very much cheaper prices 35 years ago.
@GLang-kq5lw
@GLang-kq5lw 3 ай бұрын
@@nooneimportant779 still paying all bills with the fiat money until governments require digital, nobody will accept silver as payments
@kennethwilliams4874
@kennethwilliams4874 3 ай бұрын
Another excellent and informative presentation, with, as usual, very wise advice. Thanks Bald Guy.
@GenChanger
@GenChanger 3 ай бұрын
Excellent informative video and good advice RE fiat money. Concise, to the point, and backed by cited crrdible sources. Thank you! Subbed.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you so much. Too many metals KZfaqrs out there pull opinions out of the air - I don’t do that here.
@925inder2
@925inder2 3 ай бұрын
Thanks Bald guy. I think once silver reaches 40:1 ratio a lot of advantages gold has will be minimized. Central banks don't need to buy silver, silver is people's money so people will create the increased value plus industrial demand. Great video.
@GLang-kq5lw
@GLang-kq5lw 3 ай бұрын
and governments will only allow digital money no more cash
@isabellaschopper8988
@isabellaschopper8988 3 ай бұрын
@@GLang-kq5lwwrong it newer wil be
@adamday2067
@adamday2067 3 ай бұрын
All your videos are fantastic. If only I had heard about you before 2020. Keep posting your videos very helpful. Thank you so much.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Glad you like them!
@skyhighstax
@skyhighstax 3 ай бұрын
glad u retouched this topic, thanks
@kevinw9073
@kevinw9073 3 ай бұрын
Well done! Your perspective is always realistic.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
I appreciate that!
@rickengman
@rickengman 3 ай бұрын
Great Vid. BG., lots of useful info as usual. Thanks for all you do.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Much appreciated Rick!
@bruceyantis4287
@bruceyantis4287 3 ай бұрын
Great video, I took this very serious a few years ago and am luckily sitting pretty well. Good luck everyone!
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Cheers!
@samuelnewitt6978
@samuelnewitt6978 3 ай бұрын
There's any easy way to tell when Central Banks and the elite wealthy are about to get very interested in silver - UK VAT on Silver will disappear overnight. The banking system taxation and the wealthy are so intrinsically incestuous here, it couldn't happen any other way
@ddprepper5227
@ddprepper5227 3 ай бұрын
Excellent report
@silverman5707
@silverman5707 3 ай бұрын
BG, how much weight does the fact that silver price is easily manipulated at the world market level and industry has a huge interest in not wanting high silver prices?
@ct87gn25
@ct87gn25 3 ай бұрын
Came in too late to watch the livestream, ugh! Oh well, next week. Great topics today BGM! Considering a HUGE portion of the total silver mined is no longer available, the number of oz's available for each person on Earth is MUCH lower IMO. Silver will have a brite future and that means MUCH higher prices for the metal in the near future, again IMO. And at it's current price, I believe it's a bargain!
@dougashton2607
@dougashton2607 3 ай бұрын
As far as I understand, Steve St Angelo makes the argument: Silver/Gold ratio is based on the energy required to bring the metal to market. The value is not based on the elemental ratio in the ground. It takes 86x less energy to bring an Oz of Silver than an Oz of Gold, hence the price. This is not to say the markets aren't manipulated. In the end, If i worked 30 days to get 1 oz gold and 1 day to get 1 oz silver, the fair ratio would be 30:1 IMHO
@lepton31415
@lepton31415 3 ай бұрын
the energy ratio is irrelevant.
@darksauske75
@darksauske75 3 ай бұрын
You make an excellent point. I never thought of it that way. Mike Maloney always talks about how Gold and Silver as money and a medium of exchange make sense because at the EOD you’re doing the work required to get the metal into your hands. People have to keep in mind the pay from your job was never supposed to be a way for you to profit necessarily. It’s an enhanced form of barter. Instead of directly doing the job someone needs you can do a job you’re good at instead and we’ll do the math of the value you’re producing and give it in the medium of exchange. You can buy a house even flipping burgers or bussing tables but it’ll take much longer than someone performing surgery or fixing plumbing. Thanks for the insight. I hope you learned something too.
@rodneybarington4483
@rodneybarington4483 3 ай бұрын
You have a great show, your very grounded, keep up the good work. Silver will revert to the mean sooner than!!!! later!!!
@TimothyWhittingtonYeOldeRufus
@TimothyWhittingtonYeOldeRufus 3 ай бұрын
Well said. Thanks
@carlsitler9071
@carlsitler9071 3 ай бұрын
Available silver ratio is closer to 1 to 1. More than half of mined silver has been used up and is no longer available (in land fills, industrial products, vaporized in bombs, etc).
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
The numbers from the Royal Mint try to account for that partially.
@patriotares
@patriotares 3 ай бұрын
Great video! Interesting topic.
@billgrant4857
@billgrant4857 3 ай бұрын
Excellent presentation 👍
@bruce5895
@bruce5895 3 ай бұрын
Other banks in North America do stock pile Silver and in the States is J P Morgan Chase Bank at 600 million ounces, as of April 20/2023. Also in Canada a number of big banks stock pile both gold and silver, examples would be TD, Bow Valley Credit Union, CIBC, RBC and BMO. And there are a number of countries also hold Silver Reserves which you can look at on your computer if you wish.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Private banks - yes. Big difference vs. Central Banks.
@bruce5895
@bruce5895 3 ай бұрын
@@baldguymoney5568 Yes and they also buy and sell what they stock, just another revenue source for them.
@dpirkl4560
@dpirkl4560 3 ай бұрын
Is it physical or paper? Makes a difference which.
@bruce5895
@bruce5895 3 ай бұрын
@@dpirkl4560 When private banks stock pile metals, they stock physical metals, the same goes for Central Banks, the differences would be banks would stock smaller amounts, where as Central banks would stock piles would be in larger quantities.
@isabellaschopper8988
@isabellaschopper8988 3 ай бұрын
Banks are all criminal gangster
@brandonso
@brandonso 3 ай бұрын
Fantastic video. Thank you so much.
@GLang-kq5lw
@GLang-kq5lw 3 ай бұрын
@brandonso: great video, but no value only illusion, future is cashless
@KristinaBakerSmith
@KristinaBakerSmith 3 ай бұрын
I have brought this to the attention of many channels and I have yet to see anyone address it. I looked at the legislation for gold and silver for where I live and it clearly states that we will be able to deposit gold and silver federally produced COINS in a STATE BANK or credit union. This tells me that bars and rounds will be a lot harder to convert to cash. There is no plan yet for a depository and when there is, it will likely be in a large city that is more than two hours away. Everyone is pushing the value of silver rounds but you need to look at your state legislation and consider where you live and what your needs will be.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
I don’t live in the United States - but everyone should research before buying any home or silver to determine what’s best for them.
@edb3877
@edb3877 3 ай бұрын
@@baldguymoney5568 Agreed and I would add that state laws tend to be flexible, thus prone to being changed. One must research them annually to be sure that what they know is still correct.
@Main1Event
@Main1Event 3 ай бұрын
When it comes to Silver, sure we can talk about a ratio for Gold to Silver coming out of the ground, but what its not taking into consideration is demand for its use in commercial applications, and then using it as a store of wealth. Eventually that is going to come into play. I personally believe its just a matter of time, with these record deficits of silver, which are not going away at these price levels, a shortage is going to develop, when all above ground stores are exhausted. Iv'e heard some analysts say that will happen in 3-5 years time. When that happens, good luck trying to source any physical. I do know that very soon ASE's will sell out and premiums will go up, when the Gold market, spills into the Silver market.
@MK7779-
@MK7779- 3 ай бұрын
Great advice, thank you.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Glad it was helpful!
@attila2a746
@attila2a746 3 ай бұрын
Thanks Bald Guy ! Another great video !
@patjolly
@patjolly 3 ай бұрын
Excellent video! Well done.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you very much!
@erichansen3641
@erichansen3641 3 ай бұрын
There is sooooo much gold and silver out there for sale by the large bullion dealers right now that I can't imagine it ever being sold out especially as prices continue to rise. Supply definitely exceeds the demand. As the price goes up more investors will sell their hoards to cash out, increasing the available supply. Silver and Gold premiums are low right now even though the price of Silver and Gold is going up. If premiums rise, that indicates a temporary shortage of Silver and Gold until investors cash in.
@zuke5432
@zuke5432 3 ай бұрын
Awesome video BG. Keep 'em coming.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thanks! Will do!
@shadowvendor1157
@shadowvendor1157 3 ай бұрын
My blood pressure went down 20 mm/hg in 20 minutes. Thanks for the reality check BGM!
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Cheers! These are the facts.
@DarthPreciousMetals
@DarthPreciousMetals 3 ай бұрын
Great insights, very interpretationaly to some extent, but yes , the numers might be very close to reality. Thanks gor sharing 😊
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Link to sources in the video description - I do not want to mislead anyone :)
@Knife_Collector
@Knife_Collector 3 ай бұрын
I agree what you mentioned that people should have if they need to start over is a great starting point, BUT.. only if they are younger and have years of working ahead of them. For older people past the retirement age, any social security, or an IRA they may have, might not be there after a major collapse, and these older people may need a lot more to last them, or to supplement what they might receive in the senior years.
@markminister2599
@markminister2599 3 ай бұрын
Love it! Keep it up.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thanks, will do!
@bobsilver3983
@bobsilver3983 3 ай бұрын
I talked to major silver coin/silver rounds/bar collector yesterday. I asked him what silver items are the best to be buying right now. He told me many things but focused on Engelhard stuff especially the 1982-1987 Engelhard Prospector rounds. These are cheap right now, most of the time you can get them under $35 per ounce. So, if you guys are at coins shows, pawn shops, local coin shops, antique consignment stores, be on the hunt for Engelhard Prospectors. This is the same guy that told me to buy 1970's one ounce art bars back in 2010. Back then you could buy them for maybe a buck over spot. These bars have medium to massive premiums now. Some of the rare ones can be $200 plus. The thing with these bars is that they are rare because most were melted down in 1980. So, if by chance you see these art bars for a few bucks over spot somewhere....get em! I have actually found a few at "consignment antique shops".
@winstonsmiths2449
@winstonsmiths2449 3 ай бұрын
"Collector" being the operative word. FORGET any collectibles. Weight and purity are key. If you want to collect silver and retain value above its weight, buy numismatic silver coins. That also applies for gold.
@bobsilver3983
@bobsilver3983 3 ай бұрын
The art bars increased by $50 and sometimes $100 per bar. A buffalo/Indian round has barely increased. Its best to find silver with cool designs. For instance...why would you buy a Buffalo round when you can buy a Dead men tell no tales Pirate round for about the same price. The Pirate round when discontinued will blow away the Buffalo in years to come. @@winstonsmiths2449
@Schmootzidootz
@Schmootzidootz 3 ай бұрын
I'm liking you more and more, the more I watch you
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you!
@pietdutoit3517
@pietdutoit3517 3 ай бұрын
Good job. Appreciate.
@gabrielh7718
@gabrielh7718 3 ай бұрын
It would be nice to see a reflection on this Gold to Silver ratio topic in regards to how energy intense is the refining process. I think the big disparity is because of this reason.
@Lyzaaarnew
@Lyzaaarnew 2 ай бұрын
Large part of silver will be part of solar panels or used and destroyed, so the Ratio will not be 2-1 in terms of actual metals for investments held by individuals
@stackboy4691
@stackboy4691 3 ай бұрын
Great content
@martingoodwin56
@martingoodwin56 3 ай бұрын
Thank you for this video, you have a new sub.
@user-pi4fq1bv8n
@user-pi4fq1bv8n 3 ай бұрын
I am a minimalist. I don't need much. Measuring how much PM you need could be compared to your salary. I just want a supplement for my retirement emergencies taxes. A couple rent houses and gardens helps. I just want to survive the storm. Forecast calls for pain.
@overseas_demogod
@overseas_demogod 3 ай бұрын
I disagree with your assumption that central banks are not stacking silver. Who are the central banks? They're a conglomeration of banks. These banks control hundreds of millions, if not billions of ounces of silver. They set the price of silver. They're the custodian of SLV, which holds around 500 million ounces of silver. Central banks through their proxy enterprises control almost all the available silver on Earth, including most of the mining companies.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
It's not an assumption - it's a fact. Don't believe me if you don't want to - there are plenty of KZfaqrs who will tell you what you want to hear.
@ecftoggs
@ecftoggs 3 ай бұрын
Great video! 👍
@alexrichards24
@alexrichards24 3 ай бұрын
This analysis is good as it shows how much gold and silver is available instead of how much gold and silver comes out of the ground in a given year - this should be a major factor in the price of silver - BUT, perhaps the amount of silver that is available is not easy to calculate. It would be great if you could also consider other sources of gold and silver, such as mining deep sea vents or nodules as robotic technologies are improving dramatically each year.
@markpatzner9862
@markpatzner9862 3 ай бұрын
Dear Bald Guy How much silver is in the landfills? What would be the cost to get silver out of the landfills ? Yes silver is the most critical metal to mankind, compared to gold? Would 0:04 love you to expand on silver. I look forward to your video on KZfaq every Sunday
@joerive7163
@joerive7163 3 ай бұрын
When is a good time to trrade silver in to gold. Let. Use know.
@bruce5895
@bruce5895 3 ай бұрын
When Silver prices reach the top, I would feel would be the best time to change silver into gold
@bartoszchudzinski8830
@bartoszchudzinski8830 3 ай бұрын
What % of budget US gov spend for debt? Are there any forecast how it will look in next several years?
@bruce5895
@bruce5895 3 ай бұрын
Gold and Silver are real money, all the rest is just credit on borrowed time.
@GLang-kq5lw
@GLang-kq5lw 3 ай бұрын
@bruce5895: still paying all bills including taxes with dollars
@bruce5895
@bruce5895 3 ай бұрын
@@GLang-kq5lw I get your point, but one day when the fiat dollar is worthless or almost worth nothing and the stores will not except digital currency as payment, I can offer them real money like silver to get the things that I need. In fact I could do it right now if I wanted to, because I have asked, example, the next time my car needs a brake job, now, what do you think a farmer would say if you wanted to do a trade his vegetables or livestock for silver, I already know what they would say, do you ? One more point, if you went to one of those poor countries and tried to buy something with their currency that's worthless like Venezuela and offered them a choice, do you want physical silver or your currency what do you think that they would say ? Anyway the trading aside, I store metals to protect my wealth, as the currencies of the world go down in value and inflation goes up, I know that my metals will counter react to the value of the currency going down, in fact they would go up in value, Silver and Gold go up in value every year about 7% can you say the same about your investments. Why do you think all the central banks of the world stock pile gold because its real money.
@Numistack
@Numistack 3 ай бұрын
5 Ounces of gold is equal to 155.5 grams of the metal. In another video I saw that the tendency of present day market is favouring 24 karat pieces vs the old .900 coins, as these needs refining in case they are melted, which gives better liquidity or price for the seller to the 24 K coins/rounds (we are leaving potential numismatic value aside). Do you think this is true? Considering present-day gold prices, I think many people, like me, can buy now just fractional pieces in our way to the 5 Ounce target; and I wonder if it would be better to invest in 24 K rather than old .900 pieces, or if this really doesn't matter at all, "just buy gold". Greetings and excellent video, BGM.
@zatnikatel1472
@zatnikatel1472 3 ай бұрын
When the day come that all worldwide fiat currency defaults to zero, how long would you guess that the government will take to go to precious metals to use as money? I am under the impression that it will a long time before they think of that…and let not think of CBDC…
@isabellaschopper8988
@isabellaschopper8988 3 ай бұрын
It newer be happen dream on jou cane still buy many white fiat money I mean cahs many wrong Ami
@joelogan4260
@joelogan4260 3 ай бұрын
Why are central banks not buying silver?
@bruce5895
@bruce5895 3 ай бұрын
Gold is used by the Central Banks and their countries as a means of international settlement for transactions of Trade or to establish good credit for their currency. There is really no need for them to buy Silver because the countries have their own Silver Reserves.
@GLang-kq5lw
@GLang-kq5lw 3 ай бұрын
@@nooneimportant779 they keep buying up gold, but then they will stop cash and introduce digital for payments
@pam7022
@pam7022 3 ай бұрын
Luv this channel !!!
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you!
@jedclampett6466
@jedclampett6466 3 ай бұрын
If everybody had a sizeable pile. How could it reach a substantial value? It's called a precious metal for a reason. Many die hard stackers have sacrificed much to invest in a brighter future.
@blackboy4520
@blackboy4520 3 ай бұрын
Great video 👍
@Coin_Tales
@Coin_Tales 3 ай бұрын
Exciting update! The presence of Rose number [404] embodies the spirit of collaboration within our creative garden here at Cointales. Let's keep cultivating this shared space together! 🌹🌷🌼 Thank you for being a vital part of it! 😊💖
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
I don’t think I understand.
@user-to8pl4bt4n
@user-to8pl4bt4n 3 ай бұрын
The problem is that market isn't free
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
It is manipulated to a certain degree.
@vfc1860
@vfc1860 3 ай бұрын
Great analysis. I think that silver now shines in my mind far more than in the past. Why do you think the premiums are so high for silver?
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Lower price - need to cover the cost of doing business. Premiums are on the rise as people are only now regaining some interest.
@sarge27271
@sarge27271 3 ай бұрын
BGM, I think it was Andy Schectman who said that only 1/2 % of Family Trust Funds and Investment money was into metals.....What happens if 3% of that money jumps in? 3 things come to mind: 1) Better be a decade early than a day late. 2) "First, Unobtainium. Then Unaffordium!" 3) If It Ain't In Your Grubby Little Hands, It Ain't Yours!! Period. As always, informative and interesting! Thanks for the hard work. Cheers
@markbarnaart2381
@markbarnaart2381 3 ай бұрын
I have a question how do feel about silver art specificity statues small of course ?
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Little known fact about me - I collect art. Not a fan of silver - I prefer Bronze.
@emills1417
@emills1417 3 ай бұрын
Gold atoms hardened when hit by laser. Can be very useful for protection in vacuum enviroinments and engineering applications. Also futute medical applications. Silver is being used quite a bit in the push for greener tech such as solar power. Both metals seem very useful at the moment. "FEBRUARY 15, 2024 Researchers capture strange behavior of laser-excited gold By Ali Sundermier When certain materials, such as silicon, are subjected to intense laser excitation, they quickly fall apart. But gold does the opposite: it gets tougher and more resilient. This is because the way the gold atoms vibrate together - their phonon behavior - changes."
@HJohn-xn9ub
@HJohn-xn9ub 3 ай бұрын
Question for you: If the US ever returned to a silver backed currency with silver certificate notes, do you think a twenty or fifty dollar bill would be convertible to one ounce of silver since that is more in line with current prices? Or would dollars be revalued (deflationarily with more buying power once again) so that basically one dollar would be exchangeable for one silver dollar as it was in the past? I feel a gold standard might be too difficult. But could the US (post FED) stabilize the currency with Constitutional silver once again?
@lilrockfromga5092
@lilrockfromga5092 3 ай бұрын
This was a very informative video as usual. I didn't think about 5 ounce of gold and the silver will put you in some what of a safe place.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you for watching.
@DreamWarden-nb2uq
@DreamWarden-nb2uq 3 ай бұрын
I want to get as close to silver spot as possible so I like to buy American Eagles, Canadian Maples, and Australian Kangaroos with the Maples and Kangaroos usually being offered closer to spot than the Eagles via Monster Boxes. 10 oz bars are good option too.
@paulfay357
@paulfay357 3 ай бұрын
Thanks BGM! I have a question. Due to rampant money printing I have radically altered my opinion on personal debt. I have acquired a piece of real estate using a small mortgage. This property is outside of my personal home, which is paid for. My reason for this is because I believe that the money printing will accelerate over the next decade at such a pace that it may render the fixed rate loan I have on this property virtually worthless. It is possible that I may be able to pay this thing off at some point in the future with a sack of silver. What do you think?
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
I think it’s a totally sound approach. I do things a bit differently - I buy my properties cash - but your approach is ok too and something a lot of the wealthy do themselves.
@DavidG-qe7yn
@DavidG-qe7yn 3 ай бұрын
Thanks BGM 😊
@myobboy9973
@myobboy9973 3 ай бұрын
Forget the silver that has already been mined and sold, only think of current annual production (because you can actually bid for that). I don't know exactly of course, but if the mine production ratio is say 8:1 and gold production is about 3000 tons, then silver annual production is say 24,000 tons or 24 billion grams. How much silver would be your share of new annual production basis 8 billion savers on Earth? Easy, it would be three grams per year. The poorest workers on Earth earn about $700 per year, so why is their silver-share of what they could buy for their savings selling for only 0.3% of the annual income of the poorest people on the Planet? Easy, everybody has been smoking something very silly indeed.
@cabbagesoup7879
@cabbagesoup7879 3 ай бұрын
When the silver to gold ratio do get closer together say 60 to 1 do you think it will be because silver goes up in price or gold goes down?
@fillmorehillmore8239
@fillmorehillmore8239 3 ай бұрын
If we hit a 60-1 that means the plebs are awake to the fiat scam. More holders of the cheaper metal will drive ratios closer...IMO.
@bruce5895
@bruce5895 3 ай бұрын
I believe that the price of Silver will have to go up if the ratio of Silver to Gold goes down, that's simple math.
@cabbagesoup7879
@cabbagesoup7879 3 ай бұрын
Silver is so undervalued it has to go up at some point right? Keep hoping this paper silver on the market will get exposed for what it is and the masses will catch on them I think it’s to the moon with silver.
@kryshnajai2417
@kryshnajai2417 Ай бұрын
Well ✔️ Done 😊
@happyactivehealthy100years4
@happyactivehealthy100years4 3 ай бұрын
🎉 For each person on the world there is about 1 ounce of gold and about 10 ounces of silver. At the current price, that means that for each person on the earth there is an equivalent of about $2,500 in gold and silver. I think that is too little. Therefore, the VALUE of precious metals will increase by factors 2 to 5 during the next years. The PRICE in fiat currencies will increase much more than that, because of the inflation of fiat currencies. Note: The current market capitalization of the gold market is about 10 times higher than that of the silver market. Therefore, I would assume that silver will perform even better than gold. Notes: The precious metals market is huge. Huge markets move slowly. Also, the market players manipulate the price down in order to stack physical gold (and silver) at lower prices AND to keep the precious metals unattractive for small investors. At a certain point in time, this sandbagging strategy can not been continued. When that happens, the prices of precious metals will rise very fast. In addition to a fast rise, the gold dealers will be sold out on PHYSICAL gold. Sheets of paper or digital numbers on account statements for the VIRTUAL possession of gold and silver will not survive a REAL financial crisis.
@doubledoverfishing67
@doubledoverfishing67 3 ай бұрын
Gold and silver are different but the same in how they work and what they are used in. Gold is the ultimate hedge, thats why banks love it. Silver can still work as a monetary metal but has massive potential because its used heavily in technology. So silver to me has more potential as far as an investment. Not to mention its never taken into consideration how much silver the military industrial complex uses every year. Im not saying silver is gonna blow up soon but silver isnt getting any easier to find and the demand for it is only going up. I think both silver and gold are a necessary investment as far as a hedge especially now that everyone can see that its not gonna get any easier on inflation in the next year or 2. If the banks are buying gold on the DL and nobody from the media is covering it, you should probably get some ha.
@endraharimurti7190
@endraharimurti7190 3 ай бұрын
Question: On the next bust and just like 2008, precious metals for a short time goes down. If I sold physicals before the bust, would it be easier or harder to get them back during the bust?
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Great question. I always say time in the market beats timing the market - especially if you are subject to capital gains. Could you rebuy? Sure.. but look at a chart of gold and think about where we’re likely going - if your answer is up, why play with fire?
@valerieprice1745
@valerieprice1745 3 ай бұрын
Great analogy (raft). Gold and silver are both used to build modern weapons, and they have been since the confiscation in the 1930s. There's no way to know how much still exists in aquireable form, because the metals blown up in bombs is not recoverable. It would be interesting to know how much has been blown up in wars and weapons testing.
@markbarnaart2381
@markbarnaart2381 3 ай бұрын
Happy St. Patrick’s day Bald guy have a 🎉 day ! Jees hope I have enough silver lol ! Nice video eye opening !
@richardlove4287
@richardlove4287 3 ай бұрын
Hi Bald guy, thanks for the video. I’ve been staking for the last 15 years and have just over 10kg of gold and 17000 oz of silver. Not boasting, just showing people that YOU CAN DO IT if you put your mind to it. I always saved my fiat and bought on the big dips, but dollar cost averaging works ok too. My question for you Bald guy is…..at what gold to silver ratio will you start exchanging silver for gold and what percentage will you swap of your stack as the gold to silver ratio percentage gets lower. Thanks mate.
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Thank you for the great comment. I do not play the silver to gold ratio. I do not plan to swap - but to those who do, I’d say start around 60 and see if it gets to 40.
@TrustGodsmoney
@TrustGodsmoney 3 ай бұрын
Like, comment, and shared!! Thanks bald guy I have a question. Why do you think J.P Morgan has a big stockpile of silver in their vault? Thanks!
@baldguymoney5568
@baldguymoney5568 3 ай бұрын
Your guess is as good as mine. I have to assume it’s a hedge play for their financially risky activities. If the system blows up - the bank may endure. That’s just a wild guess though.
@GhostDiZ
@GhostDiZ 3 ай бұрын
Best video so far
@keemo63301
@keemo63301 2 ай бұрын
So doing some calculations. 10 billion ounces of gold takes up about 520,000 cubic feet. That would fill about 6 olympic size swimming pools.
@baldguymoney5568
@baldguymoney5568 2 ай бұрын
Thanks for sharing.
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