Will Gold & Silver Keep Going Up?
15:13
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@arturobenitez4980
@arturobenitez4980 Сағат бұрын
Max out the credit card and then don't pay.. 7 years of bad credit, but who cares about credit at that point.
@arturobenitez4980
@arturobenitez4980 Сағат бұрын
Max out the credit card and then don't pay.. 7 years of bad credit, but who cares about credit at that point.
@bruce5895
@bruce5895 5 сағат бұрын
everyone talks about Gold and Silver going up, when in reality it is been held down by Gov. because they want to fatten up their central banks with gold and to do this they will probably keep interest rates high to to keep suppressing the prices and keep the currency strong at the expense of metals. The comex exchanges will do the same thing and everyone is making money in that world except the small investor that holds physical. At this point I can only see things change if the interest rates come down and we go into a major depression or there is a war, so I am hold my metals and not selling but not buying either. And I see risk in the stock market, so I am not investing there, just holding the rest in Money Market funds and GIC's at this point in time. Like to know what your take on all of this at some point in time.
@stevenrowlandson9650
@stevenrowlandson9650 6 сағат бұрын
As of February this year in Barrie ,Ontario the average home was $741,000 Cdn. $741,000 / 11.4 ounces of silver = $65,000 per ounce of silver in Canadian dollars. I could work with that.
@valeriekushner5003
@valeriekushner5003 15 сағат бұрын
I asked about what a gold diamond ring they were only going to give me $50.00 for the gold. The main diamond was gone but there were a cluster of smaller ones. They said they were not giving me anything for those diamonds.
@baldguymoney5568
@baldguymoney5568 15 сағат бұрын
Sadly that is the norm. Diamonds are not a good investment in my opinion.
@erichansen3641
@erichansen3641 19 сағат бұрын
The U.S. government has an ACE up its sleeve. 8000 tons of gold at Fort Knox which they can liquidate at any time and at any price to inundate the gold market driving the price of gold into the dirt and elevating the dollar as high as they want.
@samdooley5577
@samdooley5577 22 сағат бұрын
This week Fortuna Silver Mines issued what they call Convertible Senior Notes. The result was its stock dropped over 15%. I lost a lot of money. Can someone explain what these notes are and what the longer term effects it might have on prices? Thanks!
@baldguymoney5568
@baldguymoney5568 17 сағат бұрын
The notes basically dilute shareholders. It makes the value of one stock lower because they issue more stock if the debt holders choose to convert the debt to stock.
@samdooley5577
@samdooley5577 16 сағат бұрын
@@baldguymoney5568 Thank you Bald Guy. I'm not a very sophisticated trader but it looks like, at least on the surface, regular shareholders get screwed over when this happens. Just another hazard for traders I guess. Still, my FSM stocks have performed magnificently so I can't be too unhappy.
@teohsoonkeat3058
@teohsoonkeat3058 Күн бұрын
Silver is going to replace gold.....when home owners stack 1 kg of silver.......
@josephlim8941
@josephlim8941 Күн бұрын
You’re bang on again. Silver did dip below $30 and today it’s $31.50. After a hault at the bottom, it had a small rebound followed by $1.25 gain today. Good call
@baldguymoney5568
@baldguymoney5568 17 сағат бұрын
Thanks! I am glad somebody noticed.
@josephlim8941
@josephlim8941 16 сағат бұрын
@@baldguymoney5568The timing was a bit off. So it thru your viewers off.
@Yourtimeisnow-GG
@Yourtimeisnow-GG 2 күн бұрын
This year was the first year since 2001, that I'd travelled to Jamaica and the locals preferred their Jamaican Dollars over USD. Times are changing. The USD is becoming less and.less popular.
@Yourtimeisnow-GG
@Yourtimeisnow-GG 2 күн бұрын
I love the pullbacks. Means I can buy for cheaper. Thanks for the video Bald Guy!
@libraryofthemind
@libraryofthemind 2 күн бұрын
Bald guy money!!
@wasillastacker
@wasillastacker 2 күн бұрын
If you were my financial advisor I would pretty much be absolutely in line with what you are sort of recommending. Thank you as always Mr bald sir!🦬🦬🦬
@wasillastacker
@wasillastacker 2 күн бұрын
Always enjoy your videos sir thank you. Unfortunately last time I checked Pimbex didn't ship to the foreign country of Alaska.
@baldguymoney5568
@baldguymoney5568 2 күн бұрын
Thanks for your kind words. Sorry they don’t ship to Alaska yet.
@kennycoburn1627
@kennycoburn1627 2 күн бұрын
My mom put 2 bags of silver coins (about 5lbs) in the safe knowing what was coming. I love you mom 😢🙏❤
@aarongarcia1101
@aarongarcia1101 3 күн бұрын
I offer fair prices for all gold, silver or platinum!!!
@baldguymoney5568
@baldguymoney5568 2 күн бұрын
Are you a dealer?
@aarongarcia1101
@aarongarcia1101 2 күн бұрын
@@baldguymoney5568no I am not, I am just a hobby collector. I do not like bullion, I like to buy placer, and lot bundles of jewelry, look at all of it and sort it, dismantle what needs etc. I especially like large necklace and gemstone/diamond ring set in gold.
@Crypto-Possible
@Crypto-Possible 3 күн бұрын
Great content as always! Can you compare the performance of gold vs Bitcoin in a future video? This will be interesting to see. 🙂
@baldguymoney5568
@baldguymoney5568 2 күн бұрын
Haha. Not sure it makes much sense.
@Crypto-Possible
@Crypto-Possible 2 күн бұрын
@@baldguymoney5568 😃
@Ameen11437
@Ameen11437 3 күн бұрын
Real estate batter or gold ?
@baldguymoney5568
@baldguymoney5568 2 күн бұрын
Watch my last video.
@charlesfuchs
@charlesfuchs 3 күн бұрын
SELL IT NOW!!! ITS GOING TO $10!!!!
@baldguymoney5568
@baldguymoney5568 3 күн бұрын
Nah.
@t-bone7988
@t-bone7988 3 күн бұрын
I sold my 6kg of silver 1kg bars right before the rally to a lcs to acquire shares. The opposite haha the only regret I have as the price went up right afterwards
@baldguymoney5568
@baldguymoney5568 17 сағат бұрын
Sorry to hear that.
@t-bone7988
@t-bone7988 17 сағат бұрын
@@baldguymoney5568 That's alright man, cuz I plan on getting them back from the very same lcs!!
@t-bone7988
@t-bone7988 17 сағат бұрын
@@baldguymoney5568 no significant pullbacks just yet.....
@jameshutchins3081
@jameshutchins3081 3 күн бұрын
Everyone buy 1 to 10 ounces of silver every 3rd weekend every month
@josefIL
@josefIL 4 күн бұрын
Everything today is a scam of epic proportions. What 'valuations'? I am old enough to remember that we managed to buy lands and build our own house with 3~4 spared wages! There is ABSOLUTELY NO JUSTIFICATION that fckng apartment or house can be 'worth' millions! All so called 'valuations' of fiat assets and real estate in last 40 years are ABSOLUTE SCAM! The main and biggest of all is the fraudulent fiat currency!
@staytunednow2298
@staytunednow2298 4 күн бұрын
What about JP Morgan crooked silver traders keeping a lid on silver price?
@baldguymoney5568
@baldguymoney5568 3 күн бұрын
Seems there is trouble in paradise.
@Nukker95
@Nukker95 4 күн бұрын
Great video, thanks once again bald guy.
@jimjohngirard
@jimjohngirard 4 күн бұрын
You forgot to list capital gains on the sale of a house....unless you buy another house of equal or greater value, or you take the one time capital gains tax deferral. Love your channel
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Yes - you're right!
@gregburke0073
@gregburke0073 4 күн бұрын
Hey Chrome skull, How many ounces of silver will it take to buy hair plugs? Maybe we'll all chip in. I want to see what you look like in dreadlocks. Keep up the good work.❤
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
😂 that’s the meanest nice comment I’ve ever received.
@Gold_Silver.
@Gold_Silver. 4 күн бұрын
Easily top 5 best #PreciousMetals KZfaqr 👌🏼 stay #Gold my friend and thank you for delivering the valuable goods 👍🏼
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Thanks brother! What other channels do you like?
@Gold_Silver.
@Gold_Silver. 4 күн бұрын
@@baldguymoney5568 i got SilverSlayer, SilverDragons, Peter Schiff, lynnette Zang, Rick Rule, George Gammon, TedSpeaks, and Mike Maloney in no particular order.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
That's an interesting crew.
@REALJABER
@REALJABER 4 күн бұрын
A 1400 years old records from Arabia shows that sheep's price was between half ounce to one ounce of silver per sheep 🐏🐏🐏🐏🐏 ❗❗❗
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Do you have a link to that? I would love to mention it in a video.
@christophersuzor6838
@christophersuzor6838 4 күн бұрын
Im glad i own some PM but the roof over my head is my #1 asset...home owership is wealth building you pay one way or another for a place to live
@klauskarpfen9039
@klauskarpfen9039 4 күн бұрын
0:28 Please revise your numbers: 10 billion ounces of gold equal appr. 310,000 tons - whereas the consensus according to my information is that approximately a little more than 200,000 tons of gold have been mined. In addition your numbers would put the ratio of silver to gold at about 2.5, whereas currently the mining ratio is somewhere between 7 and 8 to 1 and historically the number has been closer to 15 to 1 - according to my information.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Please see the Royal Mint which I cited as my source. I think it's a good source. Thank you for your comment.
@davidhamtaro
@davidhamtaro 4 күн бұрын
Property is a gamble. If you’re unlucky and bought a house with defects, it’ll be your biggest nightmare. Repairs & renovation costs a bomb these days.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Everything comes with risk - it's best to understand that risk! Thank you so much for watching and sharing your thoughts.
@metaltracker1723
@metaltracker1723 4 күн бұрын
Missed your live today but enjoyed your content as always. All the best.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Thank you! You too!
@blaccsilverstaff5484
@blaccsilverstaff5484 4 күн бұрын
This number depends on the culture and knowledge of each household. Like cultures like Asia and India have pure jewelry passed down in family. According to my knowledge then you have people who are poor who don’t have anything nor care to save or have anything nice then you have people who are stackers Americans and people who just like 10k 14 k jewelry. But I would say 10% of house holds have gold and silver
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
I think you may have misinterpreted the numbers I showed - the amount of gold per house is not how much they own - it's how much exists divided by the number of houses in the world. I hope that clears it up! Thanks for watching.
@ColeDedhand
@ColeDedhand 4 күн бұрын
Those numbers really put the gold/silver ratio in perspective.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
They sure do!!
@patchrat1
@patchrat1 4 күн бұрын
I’m way over on silver and a little short on gold
@micll3229
@micll3229 4 күн бұрын
Can you comment on the physical metal ETF vs Loyalty stock? Thanks again
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Do you mean Royalty stocks?
@micll3229
@micll3229 4 күн бұрын
Yes, please
@silversleuth007
@silversleuth007 4 күн бұрын
Thank you for the video, Bald Guy. Food, Property taxes and homeowner's insurance are my only involuntary expenses. My truck, gas, and maintenance are my luxuries. Frugal is fun. Lead, brass, silver, and gold for the win.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Heck yeah brother!!
@GregJones-df1ge
@GregJones-df1ge 4 күн бұрын
Thank you BG. Always look forward to your analysis..
@michaelmccotter4293
@michaelmccotter4293 4 күн бұрын
Between 1970-1980 Stock Market was basically flat. Real Estate was basically flat. Gold returned 25 X. Silver returned 41 X. We are about to see the PM Bull run wild. Silver will outperform Gold once again. Physical in your possession has no counter party risk. If you dont have the key to the vault, you dont own it. Period!
@iancassie9840
@iancassie9840 4 күн бұрын
still feel EGONS mantra , is still correct how much gold and silver SHOULD YOU OWN ? whatever you can NOT afford to loose in YOUR BANK ACCOUNT
@beaversstumpgrinding3352
@beaversstumpgrinding3352 4 күн бұрын
Interesting statistics.
@fasteddy6170
@fasteddy6170 4 күн бұрын
BALD guy You like Charts and I'm Surprised You don't see this 45 yr chart of Cocoa and SILVER THEY are the same 45 yrs SILVER didn't break $36 is it and Cocoa $3600 45 yrs . Now Coco is $13k I bet 100% SILVER follows how about You My Brother. MINES will be Nationalized okay Be Careful My Brother
@fasteddy6170
@fasteddy6170 4 күн бұрын
Expect a Black Swan Event 🔐 Up just like THEY 🔒 🔐 Us Down Now its THEIR Turn
@fasteddy6170
@fasteddy6170 4 күн бұрын
Copper is Money also and Real estate will be given for free if you can Maintain it for the Banks that's if any remain. Could be Squatters rights
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Interesting.
@fasteddy6170
@fasteddy6170 4 күн бұрын
Copper is Money also
@fasteddy6170
@fasteddy6170 4 күн бұрын
When he says Metals it's Money he speaks of when he says .only its fiat he speaks of and You are not buying money Your changing fiat currency or counterfeit for real Money . Please Understand GOLD & SILVER are Not investments cuz investments lose and THEY are Not Assets cuz Assets wither and require energy/ Calories GOLD & SILVER are Money & Tech
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
I have to keep the content simple for people to understand. Thanks for watching.
@dsauce223
@dsauce223 4 күн бұрын
Another great video. The annual appreciation was eye opening, seems like a super safe investment.
@matthewlewis-zw3tf
@matthewlewis-zw3tf 4 күн бұрын
Best metals channel 🎉🎉🎉❤
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Thank you.
@matthewlewis-zw3tf
@matthewlewis-zw3tf 3 күн бұрын
@@baldguymoney5568 It's true 👍
@frankmosses9121
@frankmosses9121 4 күн бұрын
You need to tell David Ramsey. He hates Gold and silver.
@attila6344
@attila6344 4 күн бұрын
Hello Bald Guy, I always hear people talk about how much money you need to earn in the United States to live comfortably. I always thought it would be a great idea if someone would make a video about how much it would cost to live comfortably if a person was debt-free. And make that comparison in a few different countries or states.
@baldguymoney5568
@baldguymoney5568 4 күн бұрын
Great idea! Mark was talking about that recently in the Discord. How you been?
@attila6344
@attila6344 3 күн бұрын
@@baldguymoney5568 Doing well, have you completed your move to Poland? Hoping the best for you and your family
@baldguymoney5568
@baldguymoney5568 3 күн бұрын
Not yet. Happening very soon. I have been so busy. I’ll be there in July.