Very good brother 👊🏻 Been stacking both for years , number one thing people need to remember YOU must hold your metals physically 🤝 or you don’t own it .
@@kylecrane5751yeah that spot price is very high, but can happen in the future, since silver is way more useful than memecoins, those people doesn’t understand reality. Its sad. Unfortunately its the fastest way to make money those day.
I’ve been stacking for about 13 years now, I always buy the big dips rather than dollar cost averaging in every month. Just stacked my 13.5 k ounce last week and it feels gooooood! Keep at it guys!
Bald Guy - Kudos on 20k subs! This is well deserved as your content has a refreshing take that sets you apart from other content creators. Another great video that put a smile on my face during these uncertain times. Amazing how many confuse freedom & self reliance with tin foil. Cheers!
Great video and a good addition to your prior ones. I have the issue that no amount of silver is ever enough. So to hear what it takes to be in the one percent it really puts things into perspective.
You're not a conspiracist, BGM. This was a great vid, and I'm constantly moving you up the ranks of my favorite content creators. The "everything is fine" people will get caught with their pants down. There are even certain stacker content creators who are asleep at the wheel. Crazy. Keep up the good work, my friend!
Agreed! Everything is not fine and it hasn’t been fine since 2008 (when I started stacking)!! It’s falling apart slowly and we just don’t know when the wheels will finally fall off.
I’ve only been buying silver for about a month and from your info I’m already in the millionaire club. I hope it’s correct. Congrats on the 20k mark! Keep crushing it.
@@baldguymoneyofficial My friend you are growing on us and making us like you . Thank you for your information young fellow. God bless you richly . 👍✝️✌️
That is amazing sir! I've been aware of this phenomenon for about 10 years and yours is just another edition to the dozen or so sources that confirm that I'm doing the right thing, kudos!
I have been collecting/stacking for about 10 years, but the last three I've been buying hard. I now have 400 Silver Eagles dating from 2012 to 2019, 200 Silver Maple Leafs from 2020 to 2021, 200 Silver Britannia QEII and 201 Silver Britannia King Charles III from 2023. I think on this stack for a while to see how the market goes. So, I doubt I will ever reach $1 million.
Congratulations Bald Guy. You will be at 200K subs very soon. The Patreon content is fantastic. It's like getting Christmas present each week. Fun video today. Keep on stackin
Thank you so much Ken! I appreciate your support of the channel. I've had a tough time keeping up with replying to comments. It's a good problem to have :) Cheers!
American gold eagles are denominated as $50 dollars. If the $10,000 declaration threshold is based on denominated amount then you can travel with 200 Oz of American gold eagles. I guess the same is true for British gold coins because they are denominated in small amounts also.
@@bellydancerabiar7809 the rich get pissed when other people use their loopholes , that why they tried to publicly shame jimmy car for doing what they themselves were doing
Not exactly. It fully depends on the customs agent and I would declare any amount of bullion worth more than the $10k threshold. Don’t be silly everyone! All you have to do is fill out a paper - then you can lose it in a boating accident…
This was a really interesting breakdown. I've never looked at it that way before. International borders between western countries aren't a big deal in my experience, just don't attempt to avoid the laws. If anyone's moving that amount of money they need to take care and make certain that they know the declaration rules and follow them. Thank you for going out of your way to provide correct information!
Thanks BG for this video. I probably could look this up myself, but figured you could do another video just as easily. Same as this video topic, but for gold. Thanks.
For a long time now, i proposed to compare silver to private net wealth. Seems like no PM expert wants to do it. So i did. My est. of inv. silver holdings are : USA 2.91B oz of which 600-700M oz in ETFs India 1.34B oz Europe 1.2B oz of which 215-230M oz in ETFs China 0.3B oz How much silver there is per $10MM wealth in these nations: - USA 199 oz - India 944 oz - Europe 113 oz, but much more in Germany - China only 34.6 oz ! Silver is so strongly demonetized (trades barely above production cost) , that people with $1M in USA own 20 oz on average.
when I first started stacking.. the average house in the UK was equivalent to 1050 ounces... and $1m divided by 68 = $14705.silver price which is unrealistic, however, the average UK house price now is £300k so, divide this by 1050 and the price comes to £285.. far more realistic.. so I would suggest 3000oz as the millionaire target on a historical basis.
To point at the elephant in the room: every stacker lives with at least the perspective to save money in a save way. This perspective might include some shtf scenarios so let me say, that in this case, *everything* you buy now to prepare or feed or protect you is a true gem and as cheap as it can get. A good kitchen knife is now sold in the supermarket for a low price. Do you realize, how *valuable* a kitchen knife is, when you have non? Or warm clothing or a pot to cook? Gold and Silver owners are the new Lords and Ladies of that scenario (especially because stackers are very dedicated) but keep in mind: The cheapest good is that, that you buy now with paper.
Knowing I'm a millionaire many many times over feels good to hear from you Balled Dude money. I won't disclose my total stack, but..... 68 Oz.... I just might have over 50 million..... Takes dedication to stack, and dedication pays off sometimes. Keep your heads up, and pray for lower premiums....lol... God bless..... Grow food, and enjoy the good times while they last.... very important!!!
38 yrs Gold , Silver collecting saving across the board ! 3rd generation jeweler ! 4ooo oz. 160 gold oz. ! House ,land ,car ,bike ! 12 months cash under my bed ! PHYSISICAL ONLY HJOLD IT OR BE A SHILL ! when traveling declare in smaller amounts over time ! GET YOU CASJH OUT NOW ! YOU ALREADY SHOULD OF ! THEY CAN GO SPIT ! THANK YOU !
On the point of having more than $10k in cash on you. Isn't it true that if you are found with that amount of cash in the US, it can be confiscated (read "lost") by the law enforcement?
It is not entirely true. Legally (and I am not a lawyer or law expert), the police officer would need probable cause to believe the money is not yours or illegally gained. These kinds of stories are anecdotal and don't do much to guide the average person (in my opinion). Thanks for question though!
Just save most of your salary and invest a portion into silver, among other solid investments. Wealth is more about the expenses side than the capital gain...
No worries - I am glad to do them if people find them useful. What I really like to see is that a significant portion of my audience is women now. This is a clear sign that the message is reaching more people! It used to be mostly men.
Well done BGM on 20k subs. I like your analysis & your approach to making educational & interesting video instead of a lot of others who makes video's for the sake of making video's. There's a LOT of rubbish video's out there with little to no valuable content. "Silver went up / down 20c let's do a video". Watching from Australia.
Great video! You're a smart guy and very upbeat, that's why I watch your videos. One question for you...I have been a serious silver stacker for 14 years and have built up a very large stack (according to your stats). Recently I have begun a new strategy - when silver goes very high, very quickly, such as recently, I have been selling silver to buy gold, thinking that gold is the true 'End Game'. What do you think of this strategy? Many thanks! Ewin
Hi Ewin! I like the strategy as long as you are getting a fair price for the silver with a low cost basis. Gold is a must in every stack and having a healthy ratio is important. I personally keep a 40 to 1 silver to gold ratio (not exactly - but approximately).
You deserve 250000. You are worth it sir. One question :I bought some silver mining equities in early March and the timing seems to have been good after waiting 18 months. Now I want to buy more but paradixucally it's discouraging to buy equities which have risen from 20 - 50 %. So how long does the gold and silver bear have to run. I think years. However in the interim is a recession (which I think will only wipe 15 %-25 % from silver equities as the market had abused them so badly before this Spring) or pullback more of a probability than a continuation of the the bull run? I appreciate no one knows the future but you have been remarkably accurate in timing thus far.
I am holding my mining positions - I have a mining portfolio shared on Patreon and i just made a post there today on why I am bullish on silver still and why I think it will pull up the miners too.
Just a point... I see a lot of controversial about "top 1%". Some videos tell 492 ounces, others 504 ounces, and you say after 406 ounces... I don't know anymore what we sould consider!!!
Congratulations 🎉 on the twenty, 20 thousand subscribers bald guy 👩🏻🦲you deserve it brother... ❗🔥🇺🇸🥈🥇 Here's to another 20,000... 🍾🥂 Another fantastic video 👏🏻
Hi Bald Guy. congrats on 20k subs. Many stackers talk about how friends and family don't buy into the options of precious metals stacking when we try to explain the benefits. Have you experienced this and how do you overcome that?
I have experienced that and I've noticed that slowly some of them come around on the topic. These days I don't try to convince anyone - if it comes up I say my piece - more an more people are coming around on the topic these days with everything happening.
Hi Yendor! Remember, this is a comparison of silver to M1 money supply. You’re stack is impressive, but I just want to say it may not reach a 10.29 million dollar value in real terms. Just want to be clear on the message of the video.
One question about traveling with bullion. An American gold or silver eagle is taken at face value and the same is true for other sovereign coins. Canada will let you move tax free with gold coins except it needs to be 24K fine gold
The truth is I am very careful when it comes to cross border travel. I can’t give you a definitive answer on whether silver and gold coins with face value are taken at that (I don’t know is the answer) - I would simply flag it to customs if I had it. Worst case scenario you have to fill out a paper and they know you have it.
Nice to have a UK bent on this one BGM. There is always plenty of paperwork when dealing with HMRC (your IRS) whenever you deal with them!! With your Math on Gold and Silver ownership I'm well and truly in the 1% club, but a million in cash would be nice to add to it as well. Keep 'em coming these posts are really interesting 😉
silver spot price has 40.2x since 1923 compared to the friday close...if the next 100 years it does the same, we are looking $1018.00 / oz...If silver price was valued properly (I argue the current price is the real price with all the proper (and improper) market forces acting upon it), the multiple would be higher and therefore the future projection higher as well...Lots of people give Jeff Christian a hard time, but he started the silver institute report back in the seventies. I feel he has a handle on a lot of the silver info. I say this because he says the consumer demand is what normally changes the silver price. If you look at things right now, it looks as if consumer demand is driving the price up..
But Jeffrey Cristian s a true believer in the Petro Dollar counterfeit system, which has run out of room, hence the real value of Silver is becoming apparent.... I think around $100. So you would need 10 000 ounces of Silver to be a millionaire.....still, not a bad result.
@@johngordon880 If you use dollar devaluation (0.63 cents being the price of 1 oz silver in 1913 dollars and 3 cent for todays dollar), I get 21x 0.77 x spot price...at friday's close it would be $409.42 / .oz
Once again bald guy I love your content!! I'm guessing you two doesn't want stuff like this out there because I have subscribed to your channel twice now and then discovered later that I was not subscribed LOL I'm back on board and look forward to your next video
I think we should all think in terms of purchasing power of gold/silver/crypto. Basically, take your regular spendings and consumer habits and express them in how much of that good/service 1 oz of gold/silver etc will buy you. E.g., at the price of $2000/gold you can buy 100 lbs of steak which is today at 20 $/lb. Do the same for silver/BTC/ETH/whatever and for other goods/services you normally buy. Then track this purchasing power monthly to know the real value of gold/silver/crypto.
I wouldn’t borrow money to buy gold or silver. I take my time and buy what I can afford - been doing so for 15 years. It’s not advice, but it is my point of view. Thank you for watching.
If you expect to spend time in another country and want to use your precious metals, have it sent by a carrier to the country of your choice for pickup
On our local News here in Oklahoma I see crime stories quite often where they say; A large amount of CASH and GUNS were found in the raid! They don't want you outside their system. Just think what the headline would be if they raided your house and found Cash, Guns, Gold and Silver....... That's why our Grandfathers buried it in the yard!
Very informative and very interesting. What about companies like Sprott who own gold and silver and basically mark to market ( I think ) their holdings?
If you want exposure to gold and don't feel comfortable owning it physically, that may be the option for you. I personally prefer having custody of it myself.
If you want more content and to support this channel please join my Patreon: patreon.com/user?u=85209064
By joining my Patreon you get access to exclusive videos, tools, and my newsletter (where I share entry price points every 2 weeks).
I'm somewhere near 300 in 4 months. Living in the forest with no rent or utilities has allowed me to stack hard 1400 a month
Very good brother 👊🏻
Been stacking both for years , number one thing people need to remember YOU must hold your metals physically 🤝 or you don’t own it .
Agreed
Correct
Big facts
I know silver won’t be the only money but I like this calculation. It gives me hope that I am not a total stacking loser.
No losers are watching this channel - except the ones who leave mean comments 😂
Same, 70oz at spot today is = $1,793.4. That's almost memecoin like gains if 68oz =$1,000,000 but that would mean spot price would be ~$14,705.87.
@@kylecrane5751yeah that spot price is very high, but can happen in the future, since silver is way more useful than memecoins, those people doesn’t understand reality. Its sad. Unfortunately its the fastest way to make money those day.
You are NOT a loser. Anything in hand makes you a winner!
No bro only winners watch videos about gold and silver.. we’re already ahead of the others by investing in these physical assets
I’ve been stacking for about 13 years now, I always buy the big dips rather than dollar cost averaging in every month. Just stacked my 13.5 k ounce last week and it feels gooooood! Keep at it guys!
Good stuff! All the best Richard!
Holy shit! Good job.
How do you have that much
@Tony Alai I do live below my means and have no where close to that
It's a start, keep going!
Bald Guy - Kudos on 20k subs! This is well deserved as your content has a refreshing take that sets you apart from other content creators. Another great video that put a smile on my face during these uncertain times. Amazing how many confuse freedom & self reliance with tin foil. Cheers!
Thank you so much for taking the time watch and to regularly comment. I appreciate that! All the best.
Does that mean 4999 Silver britanias (2 pounds each face) is under that limit?
Bald Guy's ability to explain this detail is phenomenal, crisp, clear, precise, practical.
I like it....direct to the point
Great skill, well done
Thank you so much! I will repeat the same for gold soon. I hope you will enjoy that too.
Great video and a good addition to your prior ones. I have the issue that no amount of silver is ever enough. So to hear what it takes to be in the one percent it really puts things into perspective.
You make some of the best videos out there and it’s straight to the point
Thanks Nickolaus. I appreciate your comment and that you took the time watch. All the best brother.
You are Kevin as well?
Congrats on the 20,000. Keep up the good work! I like your education process on "teaching" the masses!
Thank you very much!
You're not a conspiracist, BGM. This was a great vid, and I'm constantly moving you up the ranks of my favorite content creators. The "everything is fine" people will get caught with their pants down. There are even certain stacker content creators who are asleep at the wheel. Crazy. Keep up the good work, my friend!
Agreed! Everything is not fine and it hasn’t been fine since 2008 (when I started stacking)!! It’s falling apart slowly and we just don’t know when the wheels will finally fall off.
I’ve only been buying silver for about a month and from your info I’m already in the millionaire club. I hope it’s correct. Congrats on the 20k mark! Keep crushing it.
Thanks!
@@baldguymoneyofficial My friend you are growing on us and making us like you . Thank you for your information young fellow. God bless you richly . 👍✝️✌️
Congrats on the 20,000 followers!! ☕️ here’s to the next 20,000.. keep up the good content
Thank you! I am hoping to get there soon.
That is amazing sir! I've been aware of this phenomenon for about 10 years and yours is just another edition to the dozen or so sources that confirm that I'm doing the right thing, kudos!
I have been collecting/stacking for about 10 years, but the last three I've been buying hard. I now have 400 Silver Eagles dating from 2012 to 2019, 200 Silver Maple Leafs from 2020 to 2021, 200 Silver Britannia QEII and 201 Silver Britannia King Charles III from 2023. I think on this stack for a while to see how the market goes. So, I doubt I will ever reach $1 million.
I remember the video in question from that other youtuber, thank you for the clarification on that subject. Your videos has always been professional.
Thanks for being discrete Chase. I am not trying to call anyone out here, I just want to keep things honest. All the best!
Congratulations Bald Guy. You will be at 200K subs very soon. The Patreon content is fantastic. It's like getting Christmas present each week. Fun video today. Keep on stackin
Thank you so much Ken! I appreciate your support of the channel. I've had a tough time keeping up with replying to comments. It's a good problem to have :) Cheers!
Now, this hits the proverbial SPOT! 😊❤
Haha. I say that all the time. Thanks!
The aG spot.
Congratulations on 20 000 Sub's. Keep up the great job.
Thanks Ian!!
American gold eagles are denominated as $50 dollars. If the $10,000 declaration threshold is based on denominated amount then you can travel with 200 Oz of American gold eagles. I guess the same is true for British gold coins because they are denominated in small amounts also.
That’s exactly why they put a nominal value on them! (But we all know the intrinsic value is exponentially larger!).
We can use the same loop hole as the rich. Few understand this.
@@bellydancerabiar7809 the rich get pissed when other people use their loopholes , that why they tried to publicly shame jimmy car for doing what they themselves were doing
@@bellydancerabiar7809 The rich just buy super duper expensive art and ship it overseas to move money. much easier.
Not exactly. It fully depends on the customs agent and I would declare any amount of bullion worth more than the $10k threshold. Don’t be silly everyone! All you have to do is fill out a paper - then you can lose it in a boating accident…
This was a really interesting breakdown. I've never looked at it that way before.
International borders between western countries aren't a big deal in my experience, just don't attempt to avoid the laws. If anyone's moving that amount of money they need to take care and make certain that they know the declaration rules and follow them. Thank you for going out of your way to provide correct information!
Now imagine with other pm's which are rarer
Thank you for your great support QuickSilver!
Always interesting
Thank you!
In the movie Snatch, the man was asked if you have anything to declare. He said"Don't go to England!"
That’s a great line. I didn’t get British cheeky humor until I started hanging out with some British guys. Now I love the banter.
Just started stacking silver since 18th May. I am in 120 oz till now.
That's great Masud!
Great update.
Always enjoy your content! A very unique channel talking about real money! Congrats on 20k.
Thanks Keith!
Thanks BG for this video. I probably could look this up myself, but figured you could do another video just as easily. Same as this video topic, but for gold. Thanks.
I will do it!
For a long time now, i proposed to compare silver to private net wealth. Seems like no PM expert wants to do it. So i did. My est. of inv. silver holdings are :
USA 2.91B oz of which 600-700M oz in ETFs
India 1.34B oz
Europe 1.2B oz of which 215-230M oz in ETFs
China 0.3B oz
How much silver there is per $10MM wealth in these nations:
- USA 199 oz
- India 944 oz
- Europe 113 oz, but much more in Germany
- China only 34.6 oz !
Silver is so strongly demonetized (trades barely above production cost) , that people with $1M in USA own 20 oz on average.
Hi BG, Awesome video! Thanks for reminding us how much more precious is the true value of silver.
This is one of the best Silver channels I. RUclips 👍
Thanks Bob! I appreciate that.
Awesome, and great that it coincided with your silver percentage targets!
Bought a 10 ounce bar at my LCS today, got a good deal, $290 no tax.
Nice deal.
@@baldguymoneyofficial and it was the Provident Prospector from about 5 years ago...checked eBay completed and they range from $330-$455 each
when I first started stacking.. the average house in the UK was equivalent to 1050 ounces... and $1m divided by 68 = $14705.silver price which is unrealistic, however, the average UK house price now is £300k so, divide this by 1050 and the price comes to £285.. far more realistic.. so I would suggest 3000oz as the millionaire target on a historical basis.
Well dang I'm a millionaire multiple times over then lol cool video brother!!
Always happy when I see a video up from you, Bald Guy. Currently working my way through your playlist 🙂
Thanks Glyn! Feel free to ask some questions or share your thoughts as you watch the videos.
Congrats on reaching 20K subscribers! Keep up the great work! 🥳
Thank you so much!!
Some noise for you :) i am bald too.. I tell my children that im bald because i think so much
The grass doesn’t grow on a busy street.
@@baldguymoneyofficial ha ha ha
@@baldguymoneyofficial ha ha ha
To point at the elephant in the room: every stacker lives with at least the perspective to save money in a save way. This perspective might include some shtf scenarios so let me say, that in this case, *everything* you buy now to prepare or feed or protect you is a true gem and as cheap as it can get. A good kitchen knife is now sold in the supermarket for a low price. Do you realize, how *valuable* a kitchen knife is, when you have non? Or warm clothing or a pot to cook?
Gold and Silver owners are the new Lords and Ladies of that scenario (especially because stackers are very dedicated) but keep in mind: The cheapest good is that, that you buy now with paper.
Long time watcher...first time commenter 😆. Great video. Thanks!
Thank you for massaging the algorithm for a bald guy. Cheers!
Congrats on 20k. Like always, a fun video.
Thanks Rick!
Thank you, sir
Cheers Timothy. Hope you’re doing well.
Congratulations on 20,000 subscribers! Always enjoy watching. Have a nice weekend!
Thanks Mark. All the best to you.
Way to go! I appreciate your attention to details!
Thank you so much for watching!
Knowing I'm a millionaire many many times over feels good to hear from you Balled Dude money. I won't disclose my total stack, but..... 68 Oz.... I just might have over 50 million.....
Takes dedication to stack, and dedication pays off sometimes.
Keep your heads up, and pray for lower premiums....lol...
God bless.....
Grow food, and enjoy the good times while they last.... very important!!!
I recently found your channel! I’m impressed to see you actually answer questions! Great content!
Hi Betty! I am so glad you’re enjoying my videos. Wishing you a great day!
@@baldguymoneyofficial Same to you!!
38 yrs Gold , Silver collecting saving across the board ! 3rd generation jeweler ! 4ooo oz. 160 gold oz. ! House ,land ,car ,bike ! 12 months cash under my bed ! PHYSISICAL ONLY HJOLD IT OR BE A SHILL ! when traveling declare in smaller amounts over time ! GET YOU CASJH OUT NOW ! YOU ALREADY SHOULD OF ! THEY CAN GO SPIT ! THANK YOU !
On the point of having more than $10k in cash on you. Isn't it true that if you are found with that amount of cash in the US, it can be confiscated (read "lost") by the law enforcement?
It is not entirely true. Legally (and I am not a lawyer or law expert), the police officer would need probable cause to believe the money is not yours or illegally gained. These kinds of stories are anecdotal and don't do much to guide the average person (in my opinion). Thanks for question though!
Great video you broke this down very well sum total 5000yrs mining!
Thanks!! I have an important dropping today.
Totally government over reach is out of control, Bald Guy keep up the great work 👍.
Semper Fi Brother.
Heck Gerard! Thanks for watching my man!
Just save most of your salary and invest a portion into silver, among other solid investments. Wealth is more about the expenses side than the capital gain...
Thank you for the video, Bald Guy. Congratulations on the 20k subscribers.
Thank you kindly!
Always look forward to your content and those great shirts
Thank you!
Great video, Thank you!
Australia I'm 60 n only just opened up my mind ❤
Welcome Greg! Australians are most welcome here!
Thanks for all of your videos
No worries - I am glad to do them if people find them useful. What I really like to see is that a significant portion of my audience is women now. This is a clear sign that the message is reaching more people! It used to be mostly men.
Thank you Bald Guy for another great video! You are a true patriot! God bless you!
Thank you!
Awesome! I am excess of of being a silver millionaire, but I don't have 200 oz yet.
That’s the rule leaving any country 10k or more must be declared
Thank you for your research!! 🤗
Cheers Jen!
I was in the 1% range according to your silver stacking video.
Awesome!
Congratulations on 20K! Here for the ride!
Thank you!!
@@baldguymoneyofficial What can I say, I like smart stuff, even though I mostly come for that fantastic shirt.
Never In my wildest dream would I have thought that the 1500 oz that I have stacked would have even been in the top 10% let alone in the top 1%
When you compare the supply of silver to total money supply - it really opens your eyes, doesn't it?
Excellent content as always. New Subscriber. Thank you BGM.
Thanks Patrick! All the best.
Very interesting 🤔
Would be interested to see a video on platinum millionaire status
I can take a peak into that - no promises though.
Congrats on hitting 20K!
Thanks!
Interesting - good and clear information
Thank you Ismail! I hope you had a great Iftar and wishing you a lovely Sohoor.
Well done BGM on 20k subs. I like your analysis & your approach to making educational & interesting video instead of a lot of others who makes video's for the sake of making video's. There's a LOT of rubbish video's out there with little to no valuable content. "Silver went up / down 20c let's do a video". Watching from Australia.
Cheers mate! Thanks for the kind words. I agree with you totally in the topic of some of the junk out there - it’s rubbish.
nice.. love these vids
Great video! You're a smart guy and very upbeat, that's why I watch your videos. One question for you...I have been a serious silver stacker for 14 years and have built up a very large stack (according to your stats). Recently I have begun a new strategy - when silver goes very high, very quickly, such as recently, I have been selling silver to buy gold, thinking that gold is the true 'End Game'. What do you think of this strategy? Many thanks! Ewin
Hi Ewin! I like the strategy as long as you are getting a fair price for the silver with a low cost basis. Gold is a must in every stack and having a healthy ratio is important. I personally keep a 40 to 1 silver to gold ratio (not exactly - but approximately).
@@baldguymoneyofficial Thanks so much for your input my friend! ;-)
20,100. Plus sent you link to all my kids.
You deserve 250000. You are worth it sir. One question :I bought some silver mining equities in early March and the timing seems to have been good after waiting 18 months. Now I want to buy more but paradixucally it's discouraging to buy equities which have risen from 20 - 50 %. So how long does the gold and silver bear have to run. I think years. However in the interim is a recession (which I think will only wipe 15 %-25 % from silver equities as the market had abused them so badly before this Spring) or pullback more of a probability than a continuation of the the bull run? I appreciate no one knows the future but you have been remarkably accurate in timing thus far.
I am holding my mining positions - I have a mining portfolio shared on Patreon and i just made a post there today on why I am bullish on silver still and why I think it will pull up the miners too.
From one bald guy to another, absolutely awesome videos and information! Love your stuff! The best! 😊
Thank you!
Just a point... I see a lot of controversial about "top 1%". Some videos tell 492 ounces, others 504 ounces, and you say after 406 ounces... I don't know anymore what we sould consider!!!
I think my numbers are the best ones out there because I was really the first RUclipsr (that I know of) to go in depth on the topic the way I did.
Awesome, thanks bald guy,you put a smile on my face today 👍
That makes me happy to hear! I hope it stays there the entire week ahead. All the best.
My goal was to stack 1k ounces of silver but only have 200 ounces right now.
Great progress!
Congratulations 🎉 on the twenty,
20 thousand subscribers bald guy 👩🏻🦲you deserve it brother... ❗🔥🇺🇸🥈🥇
Here's to another 20,000... 🍾🥂
Another fantastic video 👏🏻
Thanks Zayne! I appreciate you brother! Cheers.
I'm loving this alot
Hi Bald Guy. congrats on 20k subs. Many stackers talk about how friends and family don't buy into the options of precious metals stacking when we try to explain the benefits. Have you experienced this and how do you overcome that?
so true
How about the USD is now officially worth .03 and going down or inflation is high and PMs offset inflation.
I have experienced that and I've noticed that slowly some of them come around on the topic. These days I don't try to convince anyone - if it comes up I say my piece - more an more people are coming around on the topic these days with everything happening.
I have just over 700 ounces of silver. That gives me 10.29 million! I’ll take an even seven million for it.
Hi Yendor! Remember, this is a comparison of silver to M1 money supply. You’re stack is impressive, but I just want to say it may not reach a 10.29 million dollar value in real terms. Just want to be clear on the message of the video.
Thanks baldbuy. AMy wife and I just just bump swapped our silver tubes. Thought id let you know !
Thank you so much. I will inform Robert Kiyosaki that it has been done.
@@baldguymoneyofficial he will be proud of us !!
One question about traveling with bullion. An American gold or silver eagle is taken at face value and the same is true for other sovereign coins. Canada will let you move tax free with gold coins except it needs to be 24K fine gold
The truth is I am very careful when it comes to cross border travel. I can’t give you a definitive answer on whether silver and gold coins with face value are taken at that (I don’t know is the answer) - I would simply flag it to customs if I had it. Worst case scenario you have to fill out a paper and they know you have it.
$500K into physical Silver. if silver goes to 40/oz... i will be millionaire in Silver.
Fingers crossed for you.
Nice to have a UK bent on this one BGM. There is always plenty of paperwork when dealing with HMRC (your IRS) whenever you deal with them!! With your Math on Gold and Silver ownership I'm well and truly in the 1% club, but a million in cash would be nice to add to it as well. Keep 'em coming these posts are really interesting 😉
Cheers David. I want to try to cover these International topics more often. I appreciate you taking the time to watch.
Great video
You are a good guy Bald guy. You are choosing interesting topics I hope your channel flourishes.
Thank you for the kind words!
Let's beat Peter Schiff, he has about 500 some-odd thousand. (LOL) You will do it!
Good Info as usual... When it comes to Silver I guess I could take a seat next to Elon Musk...🤣
lol He'd be lucky to sit next to you Rick!
cool, congrats on your 20k plus Sub
Thanks!
silver spot price has 40.2x since 1923 compared to the friday close...if the next 100 years it does the same, we are looking $1018.00 / oz...If silver price was valued properly (I argue the current price is the real price with all the proper (and improper) market forces acting upon it), the multiple would be higher and therefore the future projection higher as well...Lots of people give Jeff Christian a hard time, but he started the silver institute report back in the seventies. I feel he has a handle on a lot of the silver info. I say this because he says the consumer demand is what normally changes the silver price. If you look at things right now, it looks as if consumer demand is driving the price up..
But Jeffrey Cristian s a true believer in the Petro Dollar counterfeit system, which has run out of room, hence the real value of Silver is becoming apparent.... I think around $100. So you would need 10 000 ounces of Silver to be a millionaire.....still, not a bad result.
@@johngordon880 He seems to have an insiders knowledge of things I do agree
@@johngordon880 If you use dollar devaluation (0.63 cents being the price of 1 oz silver in 1913 dollars and 3 cent for todays dollar), I get 21x 0.77 x spot price...at friday's close it would be $409.42 / .oz
Once again bald guy I love your content!! I'm guessing you two doesn't want stuff like this out there because I have subscribed to your channel twice now and then discovered later that I was not subscribed LOL I'm back on board and look forward to your next video
How strange! Glad to have you back Michael. Thank you for taking the time to watch and leave a comment.
Keep the price down I’m only at 11 lbs atm.
I think we should all think in terms of purchasing power of gold/silver/crypto. Basically, take your regular spendings and consumer habits and express them in how much of that good/service 1 oz of gold/silver etc will buy you. E.g., at the price of $2000/gold you can buy 100 lbs of steak which is today at 20 $/lb. Do the same for silver/BTC/ETH/whatever and for other goods/services you normally buy. Then track this purchasing power monthly to know the real value of gold/silver/crypto.
0% interest @ 18 months worth a buy of silver? If we have none?
I wouldn’t borrow money to buy gold or silver. I take my time and buy what I can afford - been doing so for 15 years. It’s not advice, but it is my point of view. Thank you for watching.
Cash Rules in my book
Horses for courses. I am not a fan unless I am collecting it in rent.
If you expect to spend time in another country and want to use your precious metals, have it sent by a carrier to the country of your choice for pickup
It's easier for them to track unless you're moving billions from Malaysia into politicians' coffers.
On our local News here in Oklahoma I see crime stories quite often where they say; A large amount of CASH and GUNS were found in the raid! They don't want you outside their system. Just think what the headline would be if they raided your house and found Cash, Guns, Gold and Silver.......
That's why our Grandfathers buried it in the yard!
Very informative and very interesting. What about companies like Sprott who own gold and silver and basically mark to market ( I think ) their holdings?
If you want exposure to gold and don't feel comfortable owning it physically, that may be the option for you. I personally prefer having custody of it myself.
@@baldguymoneyofficial Thanks, I like both but think the liquidity of a stock is a definite advantage.
Holding gold and silver stock will get you in a bind! Stock market is going to crash and all stocks will be worthless.
Another great job
Thank you! Cheers!