Are YOU Gold Rich? - How much Gold puts you in the ELITE!
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- Опубликовано: 4 окт 2024
- Are you curious to find out how much Gold is a good amount to have Invested in? Well watch this video to get a full in-depth, easy to understand expiation on exactly the right amount to own.
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I have 130oz but I don't look down my nose at others who don't. That's because I have gone without for so long to get to this mark. It use to be 90 to100oz to be in the %1, now it's 160oz? I'd never consider aiming for this mark. I'm done with the manipulation of precious metal prices and the hype of it all going to the moon anytime soon. I ignore checking the PM charts these days. I was happier when I only had 20oz of gold to be honest. The old saying, "Don't have more than you can carry", is why I stopped buying silver.
You have 130oz of gold? Is this for real? How did you do that? How long did it take you? How much money do you make per year? How many kids do you have?
On paper doesn't mean squat
@@1CrazyDudeYobelieve me he doesn't possess it ,either on paper or some imaginary vault somewhere
You have 130 ozt of gold or silver?
130 ozt of gold is a wild amount to possess.
That's over $300k USD in physical gold.
Amazing work!!! So nice to hear someone so successful sharing your wealth. It serves as inspiration for us all. Thankyou!!
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.
That’s amazing!! Great to hear your story. Good work.
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
Silver and real estate is the base of my portfolio. I have some gold, but I believe the upside on silver is much higher.
Very wise words!
Indeed. The gold silver ratio is 78 percent at the moment.
so is downside lol
I totally agree. I watched a video like this about silver. And I found out I am in the top 1% of silver stackers. Actually well over. And silver has a huge upside compared to gold. There is still plenty of gold to be had. Silver, however, is literally going extinct...
If you own one ounce troy you have more gold reserves than six sovereign nations (including Canada!)
That’s mental if true!!
Wha-wha-what?!? I really hope that's not true. 🤣
@@neuromancer9k Didn't Canada sell all their gold years ago, and at the worst price?
@@davenetdog Good question. Not sure, but I wouldn't surprised. Sucks for them.
@@davenetdog that british PM brown solid lots of UK's gold for like $200 or so per ounce but it was all looted from India anyway.
My envious Brother asked me how much Gold I possessed, "Not enough" was my reply even while I sat on a hoard I've been accumulating since 2018.
I'm still buying in July 2024 using my pitiful little Australian military pension. Zip Faith in Western Financial Sovietised system after bank account frozen in a divorce. Never again. Don't let the same happen to you, buy Gold and defund Feudalism. No Taxation without real Representation.
Well said! Good protection gold is!!
One HUGE reason I buy physical gold is that I am in control of my wealth.. It's untraceable. My friends wife recently walked out on him, she's never worked a day in her life, yet the courts let her take pretty much every penny from his bank account.. Should the tax man ever come after me, or other such catastrophe, I can grab my modest stash of 60 odd ounces and stick my fingers up to 'the system and big brother' ' 😂👍👍
Love this. Look after No.1 because they’re all be the same!! Good for you. Same here!!
Know the feeling. I have Zip to do with any Wo man. Completely untrustworthy.
Gotta love them women.always lookin for an upgrade.
I have no gold or silver, but I I purchase 1 ounce of gold and 100 ounces of silver every year for my grandson. He is now 7 so he has 7 ounces of gold and 700 ounces of silver
That’s amazing!! Lucky boy!
You love yo grand son but have you taught him the value of these things cuz if you haven't your not doing him any favors
I’m still working on my first kilo 😉
You can do it!
A man’s got to have goals.
My boat rammed into a massive driftwood pile. Lost everything.
Buried it in my back yard. Forgot where it is. Dug up the entire lawn, no sign of it. Now stacking bullets and whiskey.
Ai?!! Am I missing something 😅
This has to be a joke, lol.
@@FutureInvestmentsBullionit is a stacker’s joke. When the tax man knocks on the door.. No one has gold, “lost it” in a boating accident or forgot where they buried it.
bald guy money is a good one to watch to see where you are at as a holder of gold and silver
I’ll have a look, thanks!
Got my newborn 4oz of gold to give her a great start in life. Will def be buying her atleast a 1oz a year on top of this up to her 21st birthday. Hopefully I can get to a kilo for her.
Love this! Great thinking ahead!!!
You might also consider percent of total wealth being held in gold.
Not just total number of ounces being held.
Good point.
@@FutureInvestmentsBullion when that percentage is “too high” is a different conversation.
My 70+ oz comprise of about 200 fractionals, the rest, half or 1oz coins.
I'm now rediscovering the beauty of platinum, now that we are or seem to be abandoning future design productions.
I feel I have enough duplicates to keep me going without feeling the loss.
Maybe I should get some Platinum. What do you reckon?
@@FutureInvestmentsBullion Check out the designs of your preferred mint, if you can get a two for one, platinum to gold ratio and it broadens your interest. Why not.
I should advise you that platinum is very much denser than gold, making the handling always a surprise experience.
If you only have a few ounces, you probably won't need to think of parting with it.
I have a goal to reach now. Thank you! 😂
Same here!! Haha
I have no gold…..honest…😂
@@Stvn-gl3sh Hahaha! I find this very hard to believe sir 😅
@@FutureInvestmentsBullion to true…i would never le…lolol
@@Stvn-gl3sh Where’s the Una’s!!!! Haha
Hey FI I got into silver from prepping for a grid down but soon started diving into sound money that led me to Gold glad I'm here now in more an investing mindset
😃
I'm buying Gold because I have plenty of silver and it's all in my possession
That’s great! Well done :)
If your name is actually “Scott Savary” be careful what you say on the internet
Google shows(assuming you live in the US) there are only like 4-5 people with that name, finding their address wouldn’t be difficult.
Never use your real name on social media and if you must yse it, don’t tell people you have gold in your possession 😬
I have a little bit of gold. I put yearly about 20 troy ounce of poor man's gold into my savings. The average year income of a worker throughout history was about 20 troy ounce silver or 2.5 gram silver for a workday.
Wow, interesting fact!
was it 20 ounces or was it 2.5 grams? the amounts are completly different
@@DrSchor 260 workdays times 2.5 grams silver (silver dime) = 650 grams silver a year. 1 troy ounce equals 31.1 grams of silver. 31.1 grams of silver times 20 is 622 grams of silver. It's not exactly the same, but the Philharmonikers come in 20 troy ounce tubes and not in 21 troy ounce tubes. There is an article with the title "A Day's Wage for a Silver Dime Fact or Fiction?". You might want to look it up.
Interesting, since the average person today is probably earning the equivalent of 20 oz. of gold as an annual salary! ($47,760 USD today - at least that’s very close to my paltry annual income.) Taxes and expenses are there for everyone, but historically, we haven’t been doing so bad in the West.
I started buying Au in the US when it was under $600 per Troy oz. I remember $850 as a high and wondering if I was spending too much buying over that. Now I’m very glad to have ounces that were between $1100 and $1200 at the time because it’s doubled now! And the few initial purchases have quadrupled!
I don’t think I’ll ever be in the 1%. But who cares? Everyone has to go with their own plan. If someone else can set aside 5 oz. of gold a year for 32 years because they’re earning significantly more than I ever earned, good for them. If someone “only” gets to 5 oz. of gold saved over their entire life, that’s awesome too!
I cut down on silver and started buying gold about 2 years ago with an initial goal of 1 kilo. I'm well on my way with 24 1/2 ozt. Just keep on stacking and it adds up quick.
Amazing work!! Love that, keep it up 🔥
My Lake sank, took everything with it.
How so?
@@FutureInvestmentsBullion faulty drain plug; took the fish, boat, dock, and rubber ducks !
Wow helluva big Sinkhole!!😂😂
Another brilliant watch FI
Thankyou Bullionaire! Glad you enjoyed!
I reckon Mark Cuban does invest in physical gold, but won't admit it out loud in case he gets robbed (also means less people buy gold)
I buy gold and silver on a fairly regular basis, but don't broadcast that fact for obvious reasons, so wouldn't be surprised if Mark does buy physical gold (Jews, amongst others groups, love precious metals, amd i really don't blame them!)
Very true! Although.. would more people buying it increase its value, food for thought?
I bet if you dig deep enough he'll have all kinds of gold behind him
100% agree!!
Thank you for the video.
You bet!
Thanks. Definitely interesting.
Glad you enjoyed!!
Agree with you Future Investments. Nice video!
@@Yourtimeisnow-GG Thankyou! Glad you enjoyed!!
I don't have a lot. And what I have is unalocated. Stored at the business i bought it from. Zero risk of theft. Zero buy to sell spread. $30 sell fee for kilo of silver or ounce of gold. My goal is 5 oz of gold. I'm a long way off.
5 ounces of Gold is a fantastic target!!
Nowhere is zero risk of theft Trust me
@@frederickmuhlbauer9477 The business is fully insured. As far as I'm concerned there's Zero risk as far as theft is concerned. I wouldn't want it in my possession as I think it makes you a target and I don't know this for certain but I'd be surprised to see a private stack would be covered by a regular home owners house insurance.
I have 10k in gold just this year alone I'm low on silver but have a the full great engravers coins collection, half are graded and other half to be graded, I want more gold, 5kg of gold would be amazing, I'll let you know in 10 years when I get there 😉 is it worth doing stocks as its hard enough doing gold and silver alone, is it worth mixing it up a month of stocks then a month of gold and silver?
Wow! You’re smashing it. It depends on you but I like diversity. For me, Gold, Silver, S&P 500, FTSE 100, and Property. My golden investments. They work for me!
Good information.
Thanks, Glad you enjoyed!!
Wow that would be over 300k USD in physical gold😮
Mental money!!
I have a rule for me, half ounces of gold ( only elizabeth II bust & not charles ),
1 ounce of silver ( krugerrand or Canadian maple ).
Sounds like you’ve got a great stacking plan setup!!
Not Charles? He may not be around too long.
@@hulitumhansen352 Isn't that a good thing? Charles may become collectable. There will be less of them. They just started making them.
@@hulitumhansen352 it's an ugly thing to look at on a coin, I can't bring myself to buying one with an ugly mug on it.
@@FutureInvestmentsBullion sure do, slowly & surely, I shall have fortknox soon.
The dollar has crashed, look what you’re paying for everything nowadays and will only worsen
That’s why Gold is key! 🔑
Thank you, appreciate the information.
You’re very welcome!!
I have 6kg 192oz but bought it at 150 pounds an ounce in the early 80s when gold was cheap i also have 33 kg or 1.150 ounces of sterling silver cheers 🍻 mate regards from stewy Hudson and Family Birmingham city England 🇬🇧 👍 👏 😀 👌 😉 🇬🇧
Oh wow! Great work 🇬🇧
Doesn't matter if you can't use it to pay for daily goods and services.. its a hedge against banks.. and keeps up with inflation it's insurance. Doesn't create positive cash flow..
Well said!
I wish.
bought my 1st gold sov cost me 42 GBP many years ago
Wow!!!!! That’s amazing!
I don’t think it would take that many ounces to be in the top 1%. Central bank buying could be excluded in that number and are we counting jewelry?
We’re just counting Bullion.
Great video!
Aww! Thankyou!
Well i didnt have money for fractionals nor bullion but i decided to make my own gold
Amazing! That’s creative, I like it!
Don’t know if it’s a good idea to be blabbing on the Internet about the amount of gold that one holds…
No one knows my identity. But you’re correct. Best to keep quiet.
Nice video
Thanks
So if those that hold enough gold won't become poor then logic tells me that those that don't hold gold will become poor, or will it be that in time those that don't hold gold will be in a neutral financial position but those that do will become reasonably wealthy.
Good question. The answer is hold gold to cover all aspects :)
Out of interest, would you consider it wise to buy vintage gold coins, eg Victorian sovereigns? I intend to make a substantial bullion purchase and at the moment, I am going to go with 'best value' so that I get the most gold for the least money. I already have a substantial amount of silver but it's jewellery and silverware, not bullion.
160 oz is about £320k approximately. I thought you were going to name an amount in excess of £5M lol. There is a possibility that I may inherit £220K. If I do, it's going on gold. That will put me closer, but not into, the top 1 percent.
Wow, that’s a nice inheritance. In the mean time. Keep building your self Simon.
@@FutureInvestmentsBullion I will!
I have 4% of what the top 1% hold in physical metal 😅
Haha, somethings better than nothing!
@@FutureInvestmentsBullion to be fair, 160oz is like $375K 😅
I don't know exactly how much gold I own. My wife says it's enough. I buy more. She claims I'm obsessed. Same goes for silver.
I want to buy more silver but I think I have too much now.
Semi precious stones don't go down in value and I have been buying and selling gemstones for nearly 20 years now.
Amazing. It’s lovely that you both invest!
177 grams of gold. That’s where I’m calling it.
Very nice. That’s a big amount! 🔥
Burried mine...forgot where...
Ops!! 🙈
Great video
Thankyou!!
mark cuban and what not say its not an investment because its not. when youre a billionaire its hard to decrease your net worth by buying things. gold just doesn't increase as much as a business deal, real estate, or stocks cos its inflation protection. the billionaires aren't wrong for not needing gold but their lives are completely different to ours
Yes they don’t need it but the misinformation they say about it is wrong. Because we’re not all billionaires
Yes they don’t need it but the misinformation they say about it is wrong. Because we’re not all billionaires
I'm french, i'm too poor to have gold.
I believe in you!
Mark Cuban is not someone I listen to so he’s irrelevant to me. I buy fractional gold and I’ve got enough.
Same here 🙌🏻
Good information Thank you!
The naysayers will be dumbfounded someday when they are left holding their worthless fiat dollars.
Well said!! Glad you enjoyed!!
I have like 1.25 kilos
Probably selling in February 30oz to buy another property tho. But then I'll have 12.5k free cashflow it will take me about a year to get the 30oz back but I'll continue going after
I'm at 9k free cashflow right now but I make high income additionally
Time to loose weight
That’s incredible!! Well done!!
Wow, that’s the dream for most! Well done!
So how much gold is required to be in the top 5% and the top 20%?
You gave those other numbers for silver.
Did I not give them in this? Im uploading a video tonight on more percentages :)
0:29 160 OZ only ?
How do you mean?
@@FutureInvestmentsBullionThought a lot more might be needed
I live under the poverty line, but hold more gold than most of my fellows. I refuse to be at the complete mercy of the poor management of my country. Got a bad feeling about the direction of the western world. Many of or countries will likely be demoted to 2nd world. I predict there’ll be a new term coming regarding devolving nations, appose to developing nations.
Good work for covering yourself but also everything in moderation too. Don’t forget to enjoy life! Thanks for watching!!
Buffet also does not like gold, so what? My stack is up over 25% for the year and I hold it. The key word is "invest". They may be 100% correct as far as investment goes FOR THE SHORT TERM, but gold has outperformed the market over the past 20 years. The dollar is worth nothing right now. I believe the 160 ozt per person as the quantity needed is about right for the average older middle class couple. Medical needs will drain your savings quickly as you get older.
Gold is so so important. Especially in the world right now for sure!!
Cuban also said he would rather buy bananas than bitcoin.
True!
85oz
Amazing work!
I love gold in uk
What about aluminium?
Cutting tops and bottom off and save them 😅
Aluminium is also good for investment that is unless you find someone whos willing ti pay full price for it.I used to hoard that years ago and someone from my home throwed it into trash...
Never thought about it!
Five kilos works for me
Same here 🤣
Why hasn't the dollar crashed .. Keith weiner on rafi faber podcast excellent content
Whether it does or not. I’m covered because of Gold!
Buying Vancouver property would be best
For me, being in the Uk that makes it difficult.. but never impossible 😅
@@FutureInvestmentsBullion you can buy
TOP IS 0.1% . AND NO AMOUT OF ANYTHING WILL PUT U THERE IF U DONT GET THE TICKET :)
What ticket? Aha
@@FutureInvestmentsBullion APROVAL TICKET
Me? Gold rich? 😂🤣😂 Not yet
Me neither, but we’ll get there SS! Haha
@@FutureInvestmentsBullion 🍻 To being gold rich some day
Are you serious... Wth is that about $384 thousand dollars .. How the hell does that make you gold rich ? Another plug commenting on never doing any math...
Thanks for the view and comment!
1 kilo goes for around 70k thats still huge amount
@@kayllenstarships9009 For some yes and for others no.. Look up how many Millionaires there are World wide.. Then to REALLY Scare you look up how many Billionaires there are world wide... Lots of Fiat out there and to these people 500 k is a drop in the bucket...
OMFG ten minutes of BS
Average American owns about 2 ounces of gold.
Think he means highest amount, not the average which is probably a couple..
Got 75 oz's I wonder what % I am
About the percentage listed pretty damn good...@@johnpower8356
I bet the average American owns a few grams in jewelry & that's it.
Thanks for the view and comment none the less!!
What are you doing eating dog food and living in a ditch to own that much gold. I’m glad I have life a family and a home. I own gold but not anything like you. And I’m glad.
Theres nothing wrong with doing something you love,you love your family and a home but this guy loves gold and some other pms.Everyone is different.I personally dont like when people force me to ditch the habits i lovd
I share my German Shepards Dog Food. He’s very generous like that.
Well said. Thankyou for standing up 🏴
Silver is $shit.. gold is money
Golds better but I do like both.
Why buy Gold, when you can buy Silver instead!?
We can also make gold out of charcoal feel free to ask me more if you want i also like silver but cant keep up with the prices sadly
Why not have both?
Don't buy any! A waste of money. Invest in an SP 500 fund and you will become much richer over time.
I have both 🙏🏻
I live in a corrupted country so if i invest in that i can kiss goodbye to my money
Gold has kept up with absolutely fvcking nothing of late.
Well done gold bugs.
It’s not designed for making colossal amounts of money it’s used to preserve your money when everything goes to 💩
It’s designed to keep you rich, Not make you rich. Keep that in mind.
Well said!!
@@FutureInvestmentsBullion
By not keeping up with inflation?
It's only outperformed the S&P 500 this century.
Bitcoin is better
WRONG
Debatable.