Rates are expected to remain high, true. Nenner, Armstrong, Simon Hunt, all project several years of higher and higher rates.

@@sftita So they all think higher rates and Bald Guy Money thinks rates are going down. Ok got it.

@@RobertLee-wi5kc THe general TREND is up overall and for years per the analysts I mentioned. There will likely be intermittent downward reductions, 1/8, 3/8 here, there. Then there are "unforseen" circumstances like a major disaster.

@@sftita Yes sir I love charts too. If you wish to look at a daily chart you will note that the "general trend" whatever that is has a high in may and since has had lower highs and lower lows. I think that means trend is down on that time frame. On a 5 year chart yes the trend is up. Sadly if silver/gold continue down my question to you is A) When would you say the trend is down? I am guessing if it breaks 20.00 B) What the hell do you do then? If you are a "Perma Bull" then you say things like It will go back up, I can't sell it now, oh I can now buy more at a lower price. I heard the same thing in Stock Market 2008. I sold, I got short, I am making money and if it takes out 31.25 then I will buy back and break even. There are always "unforseen" circumstances like major disasters which is a salesmans aid to sell silver. When banks failed it did not drive the price of silver higher!!! Call me evil as I am short but I am also a short term trader. I am here to HODL. (Hold on for dear life)

Thank you very much. I have learn a lots from your analysis

That's convoluted. Please don't tell me you homeschool your chillins.

​@@Ring0--😂 No, that's just real money doing its thing

@@Ring0-- Seems plain enough to me. In fact, this point is often made about prices vs. inflation. The currency is getting cheaper and of less and less value. No need to over-think this, IMO.

@@Ring0-- a copper penny is worth 2 1/2 cents. A gold coin has a face value of $50. Nothing convoluted about it.

How many of you own a kilo of silver?

Silver will be good for barter too. You could rent the house, ask for more because its furnished to pay the mortgage or sell now and take advantage of the higher prices then buy into a non-profit condo which will save you big bucks because all the maintenance is all included, I would get some experts in the field to advise you what your best option would be, if your unsure of what to do.

Same is true in China!

So sorry for your loss, Jayna. Just a suggestion, but I get a lot of good information from two YT channels called the economic ninja & the real estate ninja. It’s the same person and I learn a lot from him. I pray the best for you.

Jayna, Very sorry for your loss. My wife passed in April. Buy gold bars, not coins or certificates. Coins have a numismatic value, which most people do not understand, myself included. A 1oz 999.9 gold bar will always be a 1oz bar. Just a note, for every 1000 gold bars, there are 17,000 gold certificates. My opinion, certificates are for portfolio investment, gold bars have actual value. Also, gold is now a Tier 1 classification, its money, not currency. Good luck...

Well I think they have everything including the the notes. If you cant maintain your own vehicle they gotcha They want to seal the hood and have a throw away car after a period of time / mileage The illusion of freedom. You still have freedom of choice and that is it. And that is what they are coming after now.

The good news about stacking and prepping for hard times is that we aren't waiting for the last minute to get done the things that can take months or even years to get done. Those who do will be heading into disappointment due to the speed with which time will run out on them. This is a lot like Hemingway's comment on going bankrupt... very slowly and then very fast. By buying what we are likely to need ahead of time, we have the time to think and plan and not be hysterical about it... unlike those who wait until the need is upon them.

​@@edb3877masterfully said

OP... comment of the year right there... 💯

you need to touch grass

@@InappropriateShorts what?

Well done. What was the $/oz you paid in 1999?

Very similar story here. 👍

​@@jonathanm5661price in 1999 was roughly $275/ oz

@@jonathanm5661 ,I don;t remember exactly,but something around $4.50 per ounce

Congrats

Yes, it most certainly is a long game. The only PM owners out there who are disappointed in their stacking are those who had unrealistic expectations of sudden wealth from their PMs, never realizing that PMs primarily *preserve* our wealth rather than increase it. Meanwhile, inflation is robbing us all of any work-product stored in fiat currency. Congrats on your long-term stacking. I did not start stacking until 2010. But my reason for being late to the party is good: I was too busy making money in the stock market to worry about alternatives to currency. 2008 changed that considerably. I did a lot of research on this and came to the conclusion that owning PMs outside the monetary system was a good idea to protect what I had. Although I had only paper losses in 2008, by not selling any lower priced shares, I had no real losses. All too many people panicked and sold shares in 2008, thus locking in their paper losses as real losses. This also created another problem for the sellers in that many of them were unable to get back into the market at a good time, so they completely missed the large gains of 2009-2010. Jack Bogle once said that all investors should "stay the course". That went along with his company's symbol of a sailing ship and the implication that staying on course would result in us getting where we were going... and it did.

Congrats , the long game is almost over. Well done. Those just starting 🤗👍👍 , and those that started during lock downs , kudos .

I've only just started stacking 2 months ago.i have 25oz silver 5 American eagles and 1 gram of gold. Every paycheck I try to put at least 75 to $100 towards the stack

You had no worries In The beginning ?

Word ! I've debanked as much as possible and I save in #bitcoin. After stacking PMs I got into stacking sats ! Self custody and #hodl.

​@@timothybender7383it took me two years to feel OK. 50 years of working and saving and inflation stealing it all. 2 years ago I set myself up to be my own bank. 2 years and no regrets. Zero is the only wrong allocation of NonETF bitcoin.

Thank you so much for watching! Wishing you a great day sir!

​@@baldguymoney5568You really are the best, most level headed guy out here, buddy, but I had a very disturbing thought about America losing the reserve currency status, and it's relationship to PM's. Please see my comment, it's a long one.Thank you, and,as always, great video, sir.

For some people, that's the plan. Horses for courses as they say.

If you have debt on a credit card, selling your metal will yield an immediate 22.5 percent profit(compounded) per year by paying down the debt. So there are circumstances where selling makes sense

@@nooneimportant779 Yes, there are and it is myopic not to recognize this. PMs are great tools in anyone's financial tool box. But buying them and never developing a solid plan about how to actually make the best use of them pretty much undermines the effort. My stack has these purposes and will be used for them: 1) making sure that I can pay my property taxes during hard times; 2) as a hedge against inflation; 3) as an interesting and fun hobby; 4) as a savings program; and 5) as a supplement to my retirement income. If owning PMs did any of these things, they would still be worth stacking. Agree 100% on freeing ourselves from debt, especially medium to longer term debt that compounds over time. My wife and I became debt free in 2014. We still have credit cards for convenience but pay them off every month. We have no mortgage or car payments, so our financial needs are modest. Our savings are substantial and the income from them allows us to travel, help our kids and grand kids, and buy pretty much anything we really need. Life is good, especially for those who worked hard, saved religiously, spent very carefully, and had a good plan for the future.

It depends on what you are rotating into -- a productive share of farmland is one solid option.

Thank you so much for those kind words! I wouldn't be able to do this without great supporters like you. Wishing you a great day.

The propaganda of the media and the education systems is hard to overcome even when family experience says otherwise.

Yep!

Thank you so much for your support. Wishing you a great day.

That’s great news! Wishing you all the best.

Damn, when the amount im DCA'ing in with is around $8k, i will know ive made it

Great way to look at it!

I am doing something similar, although I did buy several rolls of 1964 Kennedy halves about a month ago. Haven't bought any silver since 2021 but I have a weakness for Morgan dollars and Kennedy halves. But something I am noticing is that the dips that we used to get and the dips we're now getting don't look the same. Previous dips were usually in the 10-12% range in price while the ones we're getting now are more like 3-4%. Sometimes this makes them difficult to recognize as dips. These new dips also do not last as long, so buyers have to be quicker to grab what they can when such a modest dip does occur. 😕

Thank you Rick. You’re a pillar of what I do here.

Cheers!!

Yes, same here, although the presentation would be improved if the chart and the small window where Bald Guy is speaking did not overlap. I like to copy and paste these charts to save them on my PC for future reference. I can deal with smaller charts better than I can with losing part of the chart to the video window, especially when it covers one of the chart axes. Some charts contain some empty space where this small window could be placed, which would help by not covering anything useful.

Glad you liked it!

Thank you so much!

That’s incredible. Thank you.

Thanks for watching!

Your efforts were impressive but there is no talking to some people. Back in my early days of stacking, 2010-2011, I tried to get people interested in stacking too but the info I presented fell on deaf ears. Not only did they not know even the basics of personal finance, they didn't even want to know them. I gave up and stacked harder so that my own family would be protected from the worst of the hard times coming to us, mostly through government incompetence. I am fully prepared to reject any who failed to listen, had no interest in stacking, and who would come to me in the future when the hard times are upon us all, begging for help. Too bad, so sad. 😕

@@edb3877 House prices in Australia have hyperinflated at a starting price of $1m, In Sydney inner 10 miles you would be luck to find a stand alone house under $2m, flats are $2m (dog boxes) and yet when you take about silver or gold people look at you as you had 2 heads. Well this is great more for me to buy at a cheaper price. I paid of my house and now that mortgage money goes into fruit trees, food, and the metals.

Imagine how much gold they'd have if they used the money for that instead of lotto tickets.

Come on, DIP! Dry powder awaits!! lol

Glad you enjoyed it.

I wear it too - some call me fancy - I call it being practical.

My mother said that during the 1920s all the women in the family got heavy gold bracelets that were soldered so that they were not removable except by cutting them off. These bracelets helped the family survive the great depression.

Interesting.... all I have is some jewelry passed down to me. Times are really scary.

@@bonnieupton4114I agree 🙏

​@@bonnieupton4114kup fizyczne srebro.

Retired with no debt! i just joined the club and it feels good.

Yes sir!

Glad you enjoyed it!

Thank you!

Thank you!

A gold backed currency will be the very last thing that the politicians will try and that only after all other attempts have failed miserably. As you can see, I have given up on the US Gov ever adopting a gold / silver standard for money. So, I put myself on just such a standard. I keep enough cash to pay my bills but that's all. When my checking account, which receives my retirement income, gets to a certain amount, it's time to go shopping for more PMs.

@@edb3877 The smart money will have metals that are their protection and security against a falling fiat currency and also a digital currency in the future

Thank you very much!

Thank you so much for watching! I like the Netherlands very much. I spent a week in Noordwijk once on vacation.

Just make sure that they understand what PMs are all about, so that your wonderful efforts in this are not wasted.

@@edb3877 I'll make sure 😊 Thanks for your reply

Thank you so much for your kind words. I have spent many days and weeks in Germany over the past 10 years. Wishing you a great evening.

@@baldguymoney5568 In case your coming again to good old Germany, it would be great to meet and have a drink. I am located about 180km east of Frankfurt in a quitd country side village..

Thanks brother!

Thank you for the kind words and I agree with you. It is frustrating when I work so hard to put out credible videos and I see people asking me about stories that have been debunked or wild ideas about Silver and Gold reaching price parity. I think what I am doing here is important to get people seeing straight. All the best to you!

Thank you!

Thanks Danny! I appreciate that.

@@baldguymoney5568 You're welcome! I wish you much success in all your endeavors 🙂

Bald Guy is truly excellent... but then, so is the 2is1 Gold channel. These two are my must-watch channels for great PM info and no hype.

Oh yes. I listen to his too🙂​@@edb3877

Thank you! I may do a special intro for my first video there.

@@baldguymoney5568 I would appreciate it and I'm thinking the same thoughts based on leveraging the USD in the international real estate market. The US is too expensive now.

Darn tootin’

It feels good for sure. I worked with some great people and my company was very good to me over the years - but sometimes I man needs to set sail on his own.

Good idea!

Great comment! And for those who did stack metals 10 years ago because of those guys you mentoned, well they're doing pretty good because of the huge price increase in metals over that time. Wish I listened to them back then...

Thank you so much and God bless you!

Hi! I am moving from the Middle East to Europe.

Thank you!! 😊

Thanks Mark - seems I'll hit that level soon.

This is one of the great uses for PMs, IMO. They are a financial tool, not something to which we are married for life. A tool is only of use when it is USED. 👍

Exactly! We are only just warming up.

We have been “warming up” for for decades….

@@smiley8881239 If the big move happens in the last 10%...AND we've been warming up for decades....wouldn't that suggest a multi-year run?

@@smiley8881239 it depends when you started and how you look at gold? I started buying gold regularly in my early twenties, 20 years ago. Today the average price of my gold ounce I purchased is 747$ It looks good to me and I’m looking forward to what will happens in the future because I know that all fiat currencies are going to be destroyed.

Smiley - over decades Gold has more than beaten inflation. Maybe it’s a matter of your expectations? I am trying to set realistic expectations here.

Maybe this is like how earthquakes work? Nothing for a long time as the pressure builds and builds and then a real ripper happens that surprises almost everyone? In some places, we get minor shocks fairly regularly... things in the area of 3-4 on the Richter Scale come to mind. Enough to feel and maybe enough to make the hanging lamps move a bit but not enough to do any real damage. Small but frequent movements are much preferred to a very few really big ones. I was in a 6.5 quake years ago. I ran out of the building I was in and could see the ground rippling like ocean waves. Scared the heck outta me... and I don't scare easily.

Cheers!

Cheers! Thanks for the sub.

Yeah - I’ve touched in a bit before, but I can do it again! Thanks for the recommendation.