I missed this one when you published. For me, there's a logical nature to buying gold. It's just easier to accumulate than cash savings because there's more emotional satisfaction - so I'm more likely to stick to it, or at least I was in the less disciplined years. You touched on learned behavior - we know about the Egyptians, the Romans, the Vikings, the Saxons, the Mongols, the Spanish, the Nazis, etc. - gold was a primary motivator behind every conquest we've ever read about. We've learned to recognize it as wealth, and we want some. I think there's something inherent as well. There's a primal attraction beyond the romantic notion. Maybe the microbiota in us likes the stuff. Maybe it's passed along as instinct. Maybe our lizard brains just like the color of the sun metal. It has a mysterious magnetic quality that will pull you in and an addictive quality to make you want more. That comes from more than reading about it. Whatever it is, I like it. 🤩 Great video, Vert!
This is the comment I was waiting for. A real self-analysis, if you will, of the real reasons we do what we do. You’re right, whatever it is, it comes from more than just a good read! Thank you for thinking about this.
Couldn't have said it any better. Saving cash and just having it readily and easily available makes it a lot harder to save. Saving in the way of gold not only makes it easier to actually save but as you said it is definitely satisfying and makes you work harder to try and obtain as much gold as you can.
I like the thought that my hard work and patience is rewarded with something of real value. I also like the thought of leaving something of value behind once my time is done.
I stack gold and silver because I can see it grow right in front of me. I often wonder what I would have spent (blown) my money on had I not started with PMs. It's given me a better sense of money really and created a savings that was nonexistent before.
Isn’t that the truth. At least with PMs you have something of value! I’ve had this same convo with my family trying to get them to buy things that retain value, not instantly depreciate.
All precious metals make me feel good. I see them as a form of savings outside the control of the banks. Banks have had a lot of money out of me in my lifetime and these days revel in the pleasure of giving them zero!
@@silverking8742 Well i havent see many for a while, but it's always good to know people are looking out for themselves by checking. Funnily enough, i just responded to an enquiry for one😁
Honestly, I stack gold because owning it gives me a sense of hope and security about my financial future. We live in a society where the more money you have, the more comfortable your lifestyle will be. I'm not rich, and probably never will be. However, stacking both gold, and silver (real money) has made me more financially free. I no longer have to worry (as much) about unexpected, financial emergencies. I can liquidate some of my stack, if necessary, to see me through. That gives me peace, which in my opinion, is priceless! Stack On!
I like this response a lot. So it really does have a psychological component to it, right? It makes you feel more secure, with a sense of hope about the future. Sounds like you've got a good handle on your financial picture. Well done!
@@VerticalStacker Thank you! Stacking definitely has a psychological component to it, in my opinion. Spending my money on real money is a bonus! What else can you spend your money on and actually see that kind of an ROI? (financial - i.e. security, as well, as psychological - peace of mind). LOL, not much, in my opinion.
I like your thoughts about freedom from debt and surveillance. I, too, take great comfort in knowing that I have a store of wealth presumably beyond the reach of those who would seek to misappropriate it.
Honestly that never crossed my mind. I stack because I like the shiny, really that's it. I am a spender at heart and buying gold releases the endorphins or something like that.
For me, PMs are a storage of wealth. I have zero debt except for the house, I have maxed my investments, 403B through work, ROTH IRA, 1 year emergency fund - all expenses, 3 month quick access emergency fund - all expenses, 4 kids college paid for - 529s. So PMs are a great place to store other monies.
Yes! And those who labor(ed) to extract the gold generally wanted to be the holders of the gold, but normally were not - they were just the labor class. It's ugly, but it's a fact. To an extent, the TV show Gold Rush has changed the way people might view things like mining and the labor class, but historically, the laborers never reap the true rewards.
@@VerticalStacker indeed. And more importantly....those miners not 9nly understood the intrinsic value of which the elites reflected visually but they also understood the physical labor it represented on their bodies as a laborer which extended beyond wealth aspirations... silver and gold was and still is a life and generational wealth changer
You are right. In addition to the practical reasons to own gold, there is a psychological reason as well. I do not know what that psychological reason is.
My friend I absolutely 100% have no desire to be like or emulate any of the “upper” class of Hollywood etc etc…., in some ways you could say that those people you have described are more like the “lower” class. Success is subjective, and can only be quantified by an individuals view thereof. I totally understand your theoretical analogy in this video though and can only say that for me personally I collect gold and silver because I am a stubborn and an independent individual. I don’t want to rely on anyone (friends or family) or any entity (government) if some situation happens where society or rule of law falters. Call it preparedness, call it doomsday prophecy, whatever…..the fact is having cash, precious metals, food and water, guns and ammo, and medical supplies are those types of things that when you need them its way to late to go out and get them.
Great response and I can see that your stubbornness and independence lend to your stacking prowess. I think you're very smart to have those resources available to you, and to not put too much into any one thing. Spread it out, make it work, protect what is yours. Thanks for watching and commenting.
No question about it. I remember back in the days of elementary school and some of my earliest memories were watching documentaries of Egyptian tombs and the ornamental gold they discovered. It was fascinating to me.
I’ve never really considered that aspect of stacking, but I can absolutely see your point. I was born and raised “middle class”. The majority of my entire family was middle class or somewere in the lower middle class. I decided at a very young age that I wasn’t going to live my life from paycheck to paycheck. When I first discovered the benefits of holding precious metals, I had an epiphany (for lack of a better word). I guess I view it as a safety net for the present and a way to give my grandkids a jumpstart in life (if they ever need one) that I never had. I still live a middle class lifestyle and I always will…I’m content this way. The elitist aspect has never crossed my mind. I appreciate this thought provoking video. Keep ‘em coming brother!!✌️
Very interesting take on the subject. I don't feel like part of the elite necessarily. I do however feel separated from the rest of "normal" society that have been conditioned into forgetting the ageless value of this magical yellow metal. Holding it truly is a visceral experience. The weight, the color, the shine. 😍 Oh and it's the only way I can save any money. 🤣😉 Great video my friend. 🤙
A separation from normal society is a good take on this. Most people don’t own gold, in fact, own very little of anything but debt. It is a magical yellow!!!
Baaahahahahaha! I knew this comment was coming sooner or later. I should have know it would be from you, ya turd! You do that, hit the south side - just not in January, or they'll never find you!
It’s a long term savings account for me. holds its value unlike money in the bank and the vast majority of collectable trinkets, so it’s there if I need it… if not great my boy gets it all when I’m gone.
I've never considered myself a stacker. I buy precious metal coins because I enjoy them, and their various forms and designs. I am a relative latecomer to gold, due to my budget (or lack thereof), but lately have been putting aside a bit of money every pay to increase what I have. Eventually (In a few years' time), I want to get a St. Gaudens double eagle and a Mexican 50 pesos. I've set a goal of getting the latter by the time I turn 50 in 2026.
Good on you for setting goals. My wife taught me years ago that if we failed to plan we planned to fail. I believe that is true, unless you're really lucky! Good luck on that double eagle!
I “stack” or collect all PM’s because I feel it’s better than spending money on ridiculous stuff like lottery tickets to have a small chance of winning it. I also collect to have something to leave to my kids when I’m gone. None of my family members were wealthy and we have worked for everything we have , so this is a way for me to have a way to show my kids that when I’m gone I thought about their future and I left them something to remind them of me and hopefully they don’t get it and sell it. Who knows maybe they will continue to collect when I’m gone. To answer your main question yes it does make me feel good knowing that Gold and Silver both make me feel like I’m on a better path.
I agree that ANYTHING is only worth what someone is willing to pay. It seems that newer generations have less interest in PMs, but there is still some kind of instinctual draw to gold. I'm banking that when people lose confidence in fiat dollars that gold will gain favor again by the masses and will gain a LOT of value. Yes, I admit it, owning gold makes me feel like I have "made it". I have enough money to join the wealthy in owning gold - even if I only own 20 ounces. I was so poor when I was young and when I was in school I couldn't afford a sandwich the day before payday. Holding some gold coins makes me feel like I have less chance of ever being that poor again. One of the first things I did when I got a good job was to buy some silver dollars and a 1/4oz gold coin - that was 1990. Now I wish I had made a yearly habit of PM purchases back then - it took the recession of 2008 to really get me stacking.
to you, owning gold really just means you know you can always buy a sandwich. 40K worth of gold hardly makes you wealthy. In the USA, the chance of people losing faith in the dollar is low, because Americans are banking on our nuclear subs and aircraft carriers to back our fiat currency.
I don't really feel like I've climbed the societal ladder since I started stacking, so if that was my objective I failed pretty miserably. As I've done this over the course of years I feel like I've become a bit of a gold bug/silver bug so it's possible that there's some of that involved. I have to say that I generally distrust the government and don't like the way that things are run and stacking gives me somewhere to put my wealth that's not in cash or the bank.
Fell off that ladder and hit every rung on the way down? :) I completely understand your feelings about mistrust, generally, of the "upper echelons," which for all practical purposes, IS the government, right? Don't blame you at all for avoiding banks!
This distance is unreachable for Mankind, since we don't possess the means for reaching the mantle and thus knowing more about it in a direct way yet, and still where does it originate? Yet we found ways into mining it, the beauty it has above all metals is one reason, (silver is my favorite) its irresistible !!!! Thats it,.. I said it. No judging 😎😂
Gold and Silver have a certain allure an unexplainable attraction that draws you in. Gold is first mentioned in the very beginning of the Bible in the story of creation. This thought that it came from the stars is ludicrous. It was made by God just as everything that exists in the Universe. It's mentioned through out the Bible the Ark of the Covenant was layered with Gold the streets in Heaven are made of it.
I agree with you. I wish everyone would consider it as such. I believe silver and gold have a spiritual influence or presence. There's nothing in Hollywood for me. I'd stick with listening to intelligent individuals.
History shows me. The previous monkey liked it, and so I like it. A collection of individuals gave gold significance. Just like a group of individuals gave "value" to Hunter Biden's crack paintings. Your statement at 5:45 or so hits the nail on the head. I sleep better at night having heavy metals in my possession. Human psychology takes over from there when the crap hits and shows me those decisions I made were founded; when the gen. pop. panics and races towards these metals. I disagree with you 100% on your premise that we get gold to aspire to be part of the elite, at least from my standpoint. Maybe others do feel this way, and I'm on an island here, but that thought or feeling has never crossed my mind, in all my years of stacking. An interesting set of questions though to ponder our motives. I hope it gives some introspection.
Thanks for the comment! Always appreciate those who agree and disagree with my thoughts on whatever the issue. The premise of aspiring to be elite (ruling class) is a deep psychoanalytical premise that is easily dismissed out of hand, but not so easily dismissed when we look at history and the interplay and development of social classes. Good for you for knowing exactly who you are and why you do what you do!
One thing that strikes me with Gold's value is that it his been independently valued across 5 continents with ancient civilizations. Europe, Egypt, Persia, India, China, Mexico, Peru, all of these ancient people all found and valued gold as money. Isn't that just fascinating? It must be in our DNA that is allured by gold. Put a lump of gold in any mans hands for the first time, and watch them change.
Ok, but what if society decides it doesn't have value anymore. That's the gist of the social construct. Tin foil hat time - Mad Max scenario. Am I gonna want your gold, or your food? Things only have as much value as society attaches to it. Society can change! Take that my mountainy mail man friend!
I missed this one when you published. For me, there's a logical nature to buying gold. It's just easier to accumulate than cash savings because there's more emotional satisfaction - so I'm more likely to stick to it, or at least I was in the less disciplined years. You touched on learned behavior - we know about the Egyptians, the Romans, the Vikings, the Saxons, the Mongols, the Spanish, the Nazis, etc. - gold was a primary motivator behind every conquest we've ever read about. We've learned to recognize it as wealth, and we want some. I think there's something inherent as well. There's a primal attraction beyond the romantic notion. Maybe the microbiota in us likes the stuff. Maybe it's passed along as instinct. Maybe our lizard brains just like the color of the sun metal. It has a mysterious magnetic quality that will pull you in and an addictive quality to make you want more. That comes from more than reading about it. Whatever it is, I like it. 🤩 Great video, Vert!
This is the comment I was waiting for. A real self-analysis, if you will, of the real reasons we do what we do. You’re right, whatever it is, it comes from more than just a good read! Thank you for thinking about this.
Couldn't have said it any better. Saving cash and just having it readily and easily available makes it a lot harder to save. Saving in the way of gold not only makes it easier to actually save but as you said it is definitely satisfying and makes you work harder to try and obtain as much gold as you can.
Primal indeed
@@VerticalStacker Dopamine.
@@davidk7324 that, too!
I like the thought that my hard work and patience is rewarded with something of real value. I also like the thought of leaving something of value behind once my time is done.
Great thoughts CM! Always appreciate your perspective.
Its almost therapeutic.
Bad day? Dump out your Gold.
Its raining... play with the Gold.
Its payday...buy more.
Wait...what was the question? 😁
Exactly! Therapeutic. I like that!
🤣😂 ✌️
Trueee shopping for gold after payday is kinda therapeutic
I stack gold and silver because I can see it grow right in front of me. I often wonder what I would have spent (blown) my money on had I not started with PMs. It's given me a better sense of money really and created a savings that was nonexistent before.
Isn’t that the truth. At least with PMs you have something of value! I’ve had this same convo with my family trying to get them to buy things that retain value, not instantly depreciate.
That's right baby! Feeling good baby! Keep stacking! ✊
Awwwwww yeah!!!
First!!! That’s the first time I ever said that🤣🤣🤣
well done!
I think of it as a investment, as a store of wealth.
Fair enough! Lots of people feel the same way.
All precious metals make me feel good. I see them as a form of savings outside the control of the banks. Banks have had a lot of money out of me in my lifetime and these days revel in the pleasure of giving them zero!
Heck yea Cyber
Great thoughts about gold. Check out that sweet CCT slide!
Cyber... Do u get a rush every time u see a video with one of your magnet slides in it?
@@silverking8742 he should! They are the coolest things!
@@silverking8742 Well i havent see many for a while, but it's always good to know people are looking out for themselves by checking.
Funnily enough, i just responded to an enquiry for one😁
Lol glad I'm not the only one who looks what the price is like that,not that I'm looking to buy at the time,just something I'm used to doing,take care
Yup. Guilty as charged. It's an addiction, I guess.
Yea you see me do it,lol. I just plain love pirate treasures! The sound of metals is second to none! PREESH the video Dog
I'd love to sit in a large treasure chest someday and just have old gold coins dumped all over me. Seriously. That would be fun.
Honestly, I stack gold because owning it gives me a sense of hope and security about my financial future. We live in a society where the more money you have, the more comfortable your lifestyle will be. I'm not rich, and probably never will be. However, stacking both gold, and silver (real money) has made me more financially free. I no longer have to worry (as much) about unexpected, financial emergencies. I can liquidate some of my stack, if necessary, to see me through. That gives me peace, which in my opinion, is priceless! Stack On!
I like this response a lot. So it really does have a psychological component to it, right? It makes you feel more secure, with a sense of hope about the future. Sounds like you've got a good handle on your financial picture. Well done!
@@VerticalStacker Thank you! Stacking definitely has a psychological component to it, in my opinion. Spending my money on real money is a bonus! What else can you spend your money on and actually see that kind of an ROI? (financial - i.e. security, as well, as psychological - peace of mind). LOL, not much, in my opinion.
@@savvystacker9552 well said!
I agree, some things only have value if society says it does.
Independence is most important to me. The freedom from debt and surveillance weigh heavily on my choice to stack.
I like your thoughts about freedom from debt and surveillance. I, too, take great comfort in knowing that I have a store of wealth presumably beyond the reach of those who would seek to misappropriate it.
Honestly that never crossed my mind. I stack because I like the shiny, really that's it. I am a spender at heart and buying gold releases the endorphins or something like that.
The dopamine hit! Yes! I know exactly what you’re saying!
For me, PMs are a storage of wealth. I have zero debt except for the house, I have maxed my investments, 403B through work, ROTH IRA, 1 year emergency fund - all expenses, 3 month quick access emergency fund - all expenses, 4 kids college paid for - 529s. So PMs are a great place to store other monies.
You are doing it right! Right there with you on the 529s and other funds. Smart!
@@VerticalStacker thanks!
Yes of corse I feel like royalty with my gold so much so that I wear it go figure 😆
I'm just waiting for Director of Awesome to comment about his wearing gold lol
Gold and silver has always been a form of currency that has had value. That is why I stack. I mean being elite sounds nice 😆.
Sounds nice, yes, but I think we'd both rather just quietly go about our business and stack on!
Beautiful gold!
Hey there good to see you!
Don't know why im not getting ur notifications. But I've never thought about it the way you put it but you do have a very good point
Larry maybe unsub and resub - RUclips does weird stuff now and then!
@@VerticalStacker done hopefully that works thanks
Very true. The proof of work and store of labor has always been understood as well as it’s visual appeal to reflect status.
Yes! And those who labor(ed) to extract the gold generally wanted to be the holders of the gold, but normally were not - they were just the labor class. It's ugly, but it's a fact. To an extent, the TV show Gold Rush has changed the way people might view things like mining and the labor class, but historically, the laborers never reap the true rewards.
@@VerticalStacker indeed. And more importantly....those miners not 9nly understood the intrinsic value of which the elites reflected visually but they also understood the physical labor it represented on their bodies as a laborer which extended beyond wealth aspirations... silver and gold was and still is a life and generational wealth changer
I am with ya and agree! Not to mention it just feels real good and looks good in my hand! And even better as the stack grows!
No question! It’s a great feeling to have the shiny!
You are right. In addition to the practical reasons to own gold, there is a psychological reason as well. I do not know what that psychological reason is.
My friend I absolutely 100% have no desire to be like or emulate any of the “upper” class of Hollywood etc etc…., in some ways you could say that those people you have described are more like the “lower” class. Success is subjective, and can only be quantified by an individuals view thereof. I totally understand your theoretical analogy in this video though and can only say that for me personally I collect gold and silver because I am a stubborn and an independent individual. I don’t want to rely on anyone (friends or family) or any entity (government) if some situation happens where society or rule of law falters. Call it preparedness, call it doomsday prophecy, whatever…..the fact is having cash, precious metals, food and water, guns and ammo, and medical supplies are those types of things that when you need them its way to late to go out and get them.
Great response and I can see that your stubbornness and independence lend to your stacking prowess. I think you're very smart to have those resources available to you, and to not put too much into any one thing. Spread it out, make it work, protect what is yours. Thanks for watching and commenting.
Sounds like you need to buy your own nuclear aircraft carrier.
I think there is something primal about gold. Call it instinct or social or historical contract, but there is a sense of value when holding gold.
No question about it. I remember back in the days of elementary school and some of my earliest memories were watching documentaries of Egyptian tombs and the ornamental gold they discovered. It was fascinating to me.
what is a historical contract?
It’s satisfying and kinda addictive to collect gold to me, it also feels great to wear it it has health benefits people say
Addicting for sure!
name just one health benefit
I’ve never really considered that aspect of stacking, but I can absolutely see your point. I was born and raised “middle class”. The majority of my entire family was middle class or somewere in the lower middle class. I decided at a very young age that I wasn’t going to live my life from paycheck to paycheck. When I first discovered the benefits of holding precious metals, I had an epiphany (for lack of a better word). I guess I view it as a safety net for the present and a way to give my grandkids a jumpstart in life (if they ever need one) that I never had. I still live a middle class lifestyle and I always will…I’m content this way. The elitist aspect has never crossed my mind. I appreciate this thought provoking video. Keep ‘em coming brother!!✌️
Fantastic response and exactly the kind of interaction I was hoping for! I appreciate your take on this.
@@VerticalStacker I appreciate videos that make me stop and think. My thinking isn’t what it used to be, but I usually get there in the end🤣✌️
@@cyclopsstaxx2849 I can relate!
It is amazing the work put in to find and extract it, especially in times past.
Very destructive process for the most part. Always has been. Not sure how it could be done any differently though!
Very interesting take on the subject. I don't feel like part of the elite necessarily. I do however feel separated from the rest of "normal" society that have been conditioned into forgetting the ageless value of this magical yellow metal. Holding it truly is a visceral experience. The weight, the color, the shine. 😍 Oh and it's the only way I can save any money. 🤣😉 Great video my friend. 🤙
A separation from normal society is a good take on this. Most people don’t own gold, in fact, own very little of anything but debt. It is a magical yellow!!!
You nailed it! I sometimes dream to be like you! By the way, I’m not above a feudal contract! I can cover the south-side of the mountain! 😀
Baaahahahahaha! I knew this comment was coming sooner or later. I should have know it would be from you, ya turd! You do that, hit the south side - just not in January, or they'll never find you!
It’s a long term savings account for me. holds its value unlike money in the bank and the vast majority of collectable trinkets, so it’s there if I need it… if not great my boy gets it all when I’m gone.
Sounds like a great plan, really! The fact that gold is highly liquid is a good thing.
Just more reasons to hold physical gold (and silver)
You bet!
I've never considered myself a stacker. I buy precious metal coins because I enjoy them, and their various forms and designs. I am a relative latecomer to gold, due to my budget (or lack thereof), but lately have been putting aside a bit of money every pay to increase what I have. Eventually (In a few years' time), I want to get a St. Gaudens double eagle and a Mexican 50 pesos. I've set a goal of getting the latter by the time I turn 50 in 2026.
Good on you for setting goals. My wife taught me years ago that if we failed to plan we planned to fail. I believe that is true, unless you're really lucky! Good luck on that double eagle!
Gold. We all love it. We stack it. What is it about GOLD that is so captivating to us? Tell me your thoughts!
I “stack” or collect all PM’s because I feel it’s better than spending money on ridiculous stuff like lottery tickets to have a small chance of winning it. I also collect to have something to leave to my kids when I’m gone. None of my family members were wealthy and we have worked for everything we have , so this is a way for me to have a way to show my kids that when I’m gone I thought about their future and I left them something to remind them of me and hopefully they don’t get it and sell it. Who knows maybe they will continue to collect when I’m gone. To answer your main question yes it does make me feel good knowing that Gold and Silver both make me feel like I’m on a better path.
Great, thoughtful response! Thank you for taking the time to think through it.
What’s wrong with scratch offs?
@@investingsouthflorida1131 they're a great investment! /sarc off :)
Ditto Clinton 👊✌️
Don't you think your kids would be better off off if you left them appreciated stocks or real estate?
I agree that ANYTHING is only worth what someone is willing to pay. It seems that newer generations have less interest in PMs, but there is still some kind of instinctual draw to gold. I'm banking that when people lose confidence in fiat dollars that gold will gain favor again by the masses and will gain a LOT of value. Yes, I admit it, owning gold makes me feel like I have "made it". I have enough money to join the wealthy in owning gold - even if I only own 20 ounces. I was so poor when I was young and when I was in school I couldn't afford a sandwich the day before payday. Holding some gold coins makes me feel like I have less chance of ever being that poor again. One of the first things I did when I got a good job was to buy some silver dollars and a 1/4oz gold coin - that was 1990. Now I wish I had made a yearly habit of PM purchases back then - it took the recession of 2008 to really get me stacking.
to you, owning gold really just means you know you can always buy a sandwich. 40K worth of gold hardly makes you wealthy. In the USA, the chance of people losing faith in the dollar is low, because Americans are banking on our nuclear subs and aircraft carriers to back our fiat currency.
I don't really feel like I've climbed the societal ladder since I started stacking, so if that was my objective I failed pretty miserably. As I've done this over the course of years I feel like I've become a bit of a gold bug/silver bug so it's possible that there's some of that involved. I have to say that I generally distrust the government and don't like the way that things are run and stacking gives me somewhere to put my wealth that's not in cash or the bank.
Fell off that ladder and hit every rung on the way down? :) I completely understand your feelings about mistrust, generally, of the "upper echelons," which for all practical purposes, IS the government, right? Don't blame you at all for avoiding banks!
This distance is unreachable for Mankind, since we don't possess the means for reaching the mantle and thus knowing more about it in a direct way yet, and still where does it originate? Yet we found ways into mining it, the beauty it has above all metals is one reason, (silver is my favorite) its irresistible !!!! Thats it,.. I said it. No judging 😎😂
Hard to argue with you. Maybe someday I will, but not yet! 😉
@@VerticalStacker At least someone gets me. 😊😅
Gold and Silver have a certain allure an unexplainable attraction that draws you in.
Gold is first mentioned in the very beginning of the Bible in the story of creation.
This thought that it came from the stars is ludicrous.
It was made by God just as everything that exists in the Universe.
It's mentioned through out the Bible the Ark of the Covenant was layered with Gold the streets in Heaven are made of it.
Couldn’t have said it better myself! It is so alluring isn’t it?
@@VerticalStacker very true.
Paused...it's beautiful, been currency for ever and the premiums are as bad as silver.
I agree with you. I wish everyone would consider it as such. I believe silver and gold have a spiritual influence or presence.
There's nothing in Hollywood for me. I'd stick with listening to intelligent individuals.
Sooooo appreciate your perspective!
@@VerticalStacker meant to say that premiums weren't as bad as silver
History shows me. The previous monkey liked it, and so I like it. A collection of individuals gave gold significance. Just like a group of individuals gave "value" to Hunter Biden's crack paintings. Your statement at 5:45 or so hits the nail on the head. I sleep better at night having heavy metals in my possession. Human psychology takes over from there when the crap hits and shows me those decisions I made were founded; when the gen. pop. panics and races towards these metals. I disagree with you 100% on your premise that we get gold to aspire to be part of the elite, at least from my standpoint. Maybe others do feel this way, and I'm on an island here, but that thought or feeling has never crossed my mind, in all my years of stacking. An interesting set of questions though to ponder our motives. I hope it gives some introspection.
Thanks for the comment! Always appreciate those who agree and disagree with my thoughts on whatever the issue. The premise of aspiring to be elite (ruling class) is a deep psychoanalytical premise that is easily dismissed out of hand, but not so easily dismissed when we look at history and the interplay and development of social classes. Good for you for knowing exactly who you are and why you do what you do!
One thing that strikes me with Gold's value is that it his been independently valued across 5 continents with ancient civilizations. Europe, Egypt, Persia, India, China, Mexico, Peru, all of these ancient people all found and valued gold as money. Isn't that just fascinating?
It must be in our DNA that is allured by gold.
Put a lump of gold in any mans hands for the first time, and watch them change.
Very good point. It is a global phenomena and the allure is for the most part impossible to ignore.
I stack gold because IT HAS and ALWAYS WILL have value ☠️💀☠️
Ok, but what if society decides it doesn't have value anymore. That's the gist of the social construct. Tin foil hat time - Mad Max scenario. Am I gonna want your gold, or your food? Things only have as much value as society attaches to it. Society can change! Take that my mountainy mail man friend!
@@VerticalStacker you really know how to depress a guy🥺
@@skullstaxx fortunately for you, I’m not a believer in the Mad Max scenario. Stack on.
@@VerticalStacker Right. In Mad Max, it was gas that had value, never gold.
Gold is real and it's God's money!
And has been for a very long time!
It makes me feel like a pirate when I hold a coin in my hand 😎
Aye matey!
why do you enjoy feeling like a thief?
I like to spoil my self with nice and expensive things
My ancestors are Viking it’s in my blood
Nice! I mean, as long as you don’t do as the Vikings did to get the gold! 😏
It’s how the aliens engineered us.
I must have had good engineering then!
I was a goblin in my previous life
No way! Me too!