Feeling better about our stacking. We’re over 4000 oz of silver. And 41 oz of gold so far. Debt free and homesteading. It’s been a lot of sacrifice along the way. But we sleep at night.
Started saving in gold in 1975. Now have 220 ounces but haven’t bought any in the past 10 years because my kids are at College. Got interested in silver about 5 years ago snd bought most of it on EBay! I’ve now got 1400 ozs. Silver is a steal. All of this is literally in a hole in the ground which is about one 1/3 of a cubic metre. I’ve got a private pension which I couldn’t opt out of. All my gold are Britannias, legal tender in the U.K. I knew inflation would come eventually so I’ll wait a couple of years and pay it off with Gold. My house cost £78000 in 1995. That’s now 50 Oz but in 1995 was 195 Oz. Gold is your friend, don’t ever doubt it. I’m due to retire in 2 years. I reckon my outstanding mortgage will be 10 Oz . I have 1400 Oz of silver all bought for next to nothing on eBay. All of it is in a 1/3 cubic metre hole in the ground. I hope tip leave it all to my kids but I know it’s there if I need it. If I get my lump sum I’ll buy a small homestead and read books until I die. Love your channel and your friendly open manner. You’re sound people a great service. Gold is your friend. The only real money as decreed not by man but nature
Thanks for sharing. It’s really appreciated by people like me! My family unfortunately are not very interested in talking about gold/silver and financial matters that are so important in these times. Just nice to read your story!
That's absoutely ridiculous! Some people are just trolls. I really appreciate your free, on demand, content, directed at my interests. Great analysis of the information, and the professionalism of your videos is A-1. I think I speak for the community at large, when I say thank you for the content.
Thank you so much for the comment. All the positive support has been really uplifting. When I started this channel, I knew there would be trolls - I just didn't anticipate how hurtful they could be. That said, comments like this keep me motivated! Cheers.
@@baldguymoneyofficial it's sad that people say such things. "Hurt people hurt people" is a fact of our lives. I sincerely appreciate your time and efforts - fascinating! And as a straight guy who's secure enough to say such things: I think you rock the bald guy look, sir. Keep up the good work!
And thank you O Bald One for keeping us mindful of where we fit in the world. It will be a hard time when the system breaks, but hopefully we'll emerge unfettered by the Federal Reserve, have money based on commodities, and return to more responsible government. Meanwhile, keep up the good work! Algebra failed my ability to identify what the USA figures for 5% and 20% silver ownership in the US would be. Should I be plotting on a curve?
I don’t think it’s correct to dismiss “jewelry” as a form of gold bullion ownership, particularly in India, since it’s not really what we have in the west; it’s pure gold and it’s traded as investment grade, and families tend to have lots of it.
@@baldguymoneyofficial It would definitely be both interesting and relevant, considering how India (and perhaps the Middle East and the rest of Asia as well) would then show different stats.
Yet, in the USA, once you walk out of the Jewelry store, your “investment” has lost 80% of your purchase price. Don’t believe me? Try reselling it! You’ll get buttkiss!
Started stacking Gold 2 years ago, currently at 6 oz. At 5g a month purchasing, looks like the 5% threshold will be crossed here within 5 years. Keep up the great content and thank you!
You’re doing an amazing job, keep it up! Just a thought - it would be more economical for you to save the 5 gms/month purchase cost, accumulate it over a period of three months, and then buy 1 @ ½ oz. coin/bar at a fraction of the premium you’re paying for gold by the gram. You’d get a lot more bang for your buck. Just a thought…
Greetings Professor! Glad you have done the research! On Saturday I am buying both gold and silver. I am well established in the top 5% and growing! My personal goal is to get to 100 oz of gold.
I own 80 oz of gold (60 coins & 20 bars) so I guess I belong in the 20% category which makes me proud of what I have accomplished. BTW I think you are a sharp looking guy!!
Regardless of the purity, each 1 oz gold coin contains one ounce of gold. It's just that 99.5% purity means that .5% of the coin is made of something other than 1 oz of gold. That's to make the coin harder and more durable. A pure 100% gold coin would be 24 karat gold. And those coins are soft and malleable.
As a fellow Aussie and gold stacker wanting more, I was thinking about paying you a visit; but your lead insurance cover has made me think again! he, he!
If I had a 3 million dollar portfolio I would have at least a third of it in gold right now if the alternative is to be in fiat dollar based investments.
Me: "I can't wait to see where I stand after I bought my first gold coin, a 2016 1/10 oz. American Gold Eagle Coin." Me after watching the video: "WHAT?!!!!" 😝
Well!! I guess I fell short at 14 oz. There was a time when i had 28 oz. of gold, but hard times fell upon me and i sold it. But in these times with the Gold i"m building now at 14oz going on 15oz. and 363 Oz. of Silver I have learned to fight to keep my Metals.
Cool video! So interesting to compare to silver. Doesn't take much to be top .2% of silver stackers... but for gold... wow! Even if I flip half my silver stack at a 1:40 ratio I still don't make the top 20% lol. Why not stack a little silver... seems like a great gamble!
Thank you BGM for making and posting this video. Your good intention and positive vibes pervade throughout your presentation. Blessings and much brotherly love.
Thank you for making these videos. I think they are great to set goals. For example, right now I am just shy of being in the 20% group, so 16 oz just became my next goal ;) Getting in the 1% will take a lot of time and effort and is probably out of my reach. But the 5% group is not impossible. Would love to see ypu take on the gold/silver price. Many in the silver community feels silver should be worth more than gold. I think the fact gold is the perfect metal for money by not degrading at all makes a big difference on it's value regardless of the mining ratio.
I am trying to get in the top 20% of gold bullion owners by the end of this year! I am already in the top 10% of silver owners. Thanks for this very interesting video.
Interesting! Doesn't take much to be top 2% on silver but then gold... Wow! Considering the recent action now on the chart, would it be right to stack up positions at the moment?
That's all up to you and what you can afford of course. I buy regularly but space my purchases setting price targets based on Technical analysis. I share all of my price targets on Patreon if you're interested. I bet some people who waited and followed me on my last targets saved enough to pay for the Patreon for at least a few months.
I am a simple man and 8 years ago I sold everything I had and purchased 185kg of silver and 11 kgs of gold and never thought it a big deal until seeing this pod cast. But besides some cash I own nothing else, no home No car. I was holidaying here in the states from New Zealand and witnessed the planned crash of 2008, Since then I have educated myself on global politics and moved to America. Everything I have shared with others is now coming true. 1/ the collapse of the petro dollar, and now pending collapse of America. 2/ Those America have terrorized and bullied rising and becoming our masters. Ever bully be it in a school yard, Bar or globally aways meets a tougher smarter bully. Please keep up the good work, I share your posts with my like minded friends around the globe. Regards Hylton. Ps Please ecuse my grammar I am at work driver my 18 wheeler around this beautiful country
Hi Trucker - I appreciate you sharing your experience with us in the comments. There is nothing to excuse as there are no grammar requirements to comment here. Your comment is common sense and I think we need more of that. I will of course encourage you to consider getting your own "castle" as real estate prices correct. Congratulations on your large stack.
Great video and great post discussion about boullion vs jewelry. The bottom line is while jewelry is safe from confiscation, it has a more difficult exit strategy when/if that time comes. Boullion is exposed to confiscation but easier exit strategy. There's the trade off. About the corporate ownership side, keep in mind countries and corporations fudge numbers, so well never really know how much gold they're holding until they use it/ exit. Great discussion
What a great video. Thanks for your very well done work on gold. Your video on silver was good too, but this one topped it. You would make a great teacher.
Pay no attention to troll bots. I’ve yet to see any of them make meaningful contributions on anything whatsoever. Appreciate your analysis and discussion. Keep doing what you do!
Interesting analysis. To be in the top 1% of Gold, 164 oz would be about $295,000 with spot near $1800 per oz. But for Silver to be in the 1%, 406 oz would be about $8,500 with spot near $21 per oz. Well into the top 1% for Silver but not even the top 20% for Gold yet. Here's an interesting topic that would be neat to map out. How much money each age group makes, how much debt or saved they have, how many vehicles they own, average home price or rental expense, along with the amount of Silver & Gold each would typically have. VT247
I'm right there with you.. I could sell some silver and easily be in top 20% of Gold holders and remain in top 1% of silver holders... But is it worth it?.. SILVER IS DEFINITELY UNDERVALUED! I think I will stay as is and convert silver to gold later when the SILVER to Gold ratio becomes more attractive. 👍
@@SmithsnMoz I am wearing the same shoes you are . . I "could" sell off some of my Ag and increase my physical Au position . . . But that decision is delayed for now . . . I stopped my Ag purchases and now focusing on Au . . 1/4oz at a time . . . I can always find $500 at the end of the month to buy 1/4oz Au GML . . . Coming with $1,100.00 for a 1/2oz Au coin is not a doable deal for me . . so I stick with what I know and what works best for me
Your content is really incredible and well thought out. Delivery of facts seems very honest. Keep up the perspective for us who overwhelmingly appreciate you. Thanks once again!
Whenever i see or hear GSR, i immediately think gunshot residue..... the stuff the forensic cops swab your hands and clothes for to see if youve fired a gun recently...
I own 25oz of gold, in Wiener Philharmoniker coins. I think I am all set with my diversification into physical gold. That is my insurance. I also own gold stocks - Barrick gold, and some junior miners such as Erdene Resources. But I am more bullish on the green energy metals. I made pretty good profits from the Vulcan Energy and Lake Resources in lithium and these companies still can go 1000% in a couple of years, but I am also positioning into copper (Ivanhoe mines), nickel, cobalt, manganese, tin, graphite. All of those have predicted shortages in a couple of years. And I am also heavily invested into oil, and I am buying green energy stocks with great potential. For example I bought 1000 stocks of Capstone Green Energy recently. But gold is definitely nice to have. To an average guy who wants to preserve his savings, I would say buy gold and hold it, it will likely be $10.000 at the end of the decade. I am curious about bitcoin, though I do not own any. Will it survive?
@@danielcaissie1207 historically, miners have been a bad investment over the last decade, though we are entering a new commodity supercycle. The switch to green energy will be all about mining. We are now entering a recession, at the other side of the recession, commodities like metals will shine
1oz Ostrich philharmonia are so big, and beautiful, really yellow, not red like the first Krugerrand gold coins I bought, I was so disappointed I recall.
Amazing comment Dalibor. I see things much the same way you do although i stay away from mining stocks due to historical volatility. I hope everyone reads this comment because it sounds like you are way ahead of the game. Cheers!
Platinum stacking has become popular recently. I'm a stacker of platinum as well. I'd have more gold if I didn't buy some platinum. But maybe I'll have more gold in the future because of the platinum I have now, time will tell.
9 oz of gold is nothing to laugh at. Picture a global currency reset and what you have could easily skyrocket to a range from $180,000 to $360,000. That is the reality of it! You just can't remain in the U.S. for it to become a certainty: M.L., FEMA camps, etc.
In the last year ive bought 20 ounces of gold 10 ounces of platinum and 700 ounces of silver. I put mlst of my income in metal last year as i do not trust the banks. Great videos keep it up !
I’m a subscriber, I have been stacking bullion since 2004. Mostly gold now, but started with silver. I currently have 120 oz gold bullion and 250 oz silver.
Thanks for the video. Since my silver (just barely into the top 1% worldwide) and gold stacks are approximately equal at current prices, I expected my gold to put me closer to the 1% than I was. I didn't even make it into the top 20%. So where would smaller amounts of gold like 5 ozt of gold land on your scale?
Thank you for doing this! Very informative! I’m almost half way to the top 20%: not that I really care to label myself as anything. It’s just interesting to see where I stack up worldwide. I should reach 16oz in about 6-8 months.
Good your collecting precious metal.. but his calculations are very wrong.. today the western world is seen as wealthy.. tomorrow (when fiat money is no longer believed upon) most will be below the poverty line.. but.. 80% of India and china's gold is in jewellery.. so like in USA it can't be confiscated.. their holdings of precious metal jewellery is far above what he mentions..
@@mint-tedpreciousmetals7735 totally agree.. just remember.. 7 cents to 70 cents is the same returns as $1800 to $18,000.. as Brad Pitt said in big short.. maybe the future currency is food seeds.. May we cover all angles
@@paulwhite856 plenty of investment opportunities over a diverse range of areas! Times aren’t ending, they are changing. Nature is change. Cycles. Same in the economic cycles. So we all have to adapt accordingly. That’s why I like to have a portion of my portfolio which I solely am responsible for. So I can adapt and make adjustments where and as needed.
@@mint-tedpreciousmetals7735 wise words.. just many forget.. it is usually that, that costs nearly nothing that gives the best returns. .. I don't think the world will end.. but I do believe that we take for granted will rise much more in price than that, that costs a good wage
The demographics of gold stackers to silver stackers is something I have always wondered about. Your research and reasoning is very good although not including jewellery. Might be a good video on its own to talk about stackers verses jewellery. There is so much to understand about silver and gold stackers and why we do it.
Thank you Bald Guy! This is very informative. It’s hard to include jewelry, but should be easier to include paper (such as ETF). Is it possible to expand the topic with ranking to include paper gold ?
And what about goldmining stocks, how does those convert into gold? Perhaps selling them at current price and buying bullion for da money. In that case I will make it into the 5% YEEES!
@@danielcaissie1207 YES!!!!! paper gold??????? paper is not gold. paper is paper and gold is gold. with the rate of paper contracts to actual gold------each paper oz is less then 1/100 of an actual oz. Bald guy needs to understand that variable if he attempts to calculate that.
@@prestongreene7489 I've been trying to convince my family and friends to invest in physical metals, but most of them don't get it...I've been called all kinds of things but I don't really care cause, I know deep in my soul I'm doing the right thing...
I’m a 1%er for both. 😳 Always thought I needed a lot more. Started buying back when gold was sub-$700 CAD per ounce. Silver was $11 CAD at the time. Damn…should have sold a kidney to have bought more back then. 🤷🏻♂️
I really hope you see this cuz I'm really trying to understand this. Silver 541 oz $12,702 Gold 164 oz $321,440 How is the price so different. The average person I would think could be in the top 1% of silver within a year or two. But in the gold category it would take a lifetime. Is it because gold's overvalued is it because silver's manipulated. There's not too many things with precious metals that I can't wrap my head around and this is definitely one of them. I would have never guessed gold to be so many ounces? If you have a minute can you please give me something to think about. Maybe I missed it in the video. I do love your videos though.
Hey. I see all the comments that Google shows me and always do my best to respond. The reason it takes so much to get to the top of the gold ladder is because less people stack it in bullion form, which concentrates large amounts into smaller groups. The reason for that is the high price that attracts very wealthy people who are able to buy kilo bars. Gold is a more elite stacking group vs. Silver. I hope that clears it up a bit. If not, here’s some more info on Silver I covered: ua-cam.com/video/UXENdkmapAY/v-deo.html
Thanks for this video , very informative, I am very close to be @ 1 % in gold , i don't own any silver yet waiting for the crash to happen so i can load on it ,i will definitely share this info
Hi Bald Guy, internet is full of trolls. Don’t worry about them, they suck and will go away. Thank you for doing this video. This is very helpful fir perspective. 1% U.S. for silver. 5% world for gold. Enjoy your well deserved vacation! When you get back, is there much difference in U.S. gold numbers like there was on the silver video? Peace
Yo Yoma! Your words are like hearing Bach played on a Cello - music to my ears. Thank you! For USA vs. world on gold there are certainly some minor disparities but not as large as for silver because of the modern tradition of stacking silver that exists in the West vs. the global recognition of gold's value amongst the world's elite. As it stands now I am not planning to dive deeper into it - but I am looking into adding jewelry as an element of the calculation since there is a lot of interest in it.
@@baldguymoneyofficial Nice cello reference! Thank you for the additional info. Looking forward to more of your great content. Let us know how your vacation goes. See ya
I started buying gold about 3 years ago and have accumulated 48-50 ounces. 85% AGE's and Buffalos, the remainder Maples. Haven't made any purchases since gold was $2000.
I am almost half way the top 20% of gold owners, but I am somewhere within the 10% of the top 1% of silver owners. Think silver has so much more potential as investment. And "The major monetary metal in history is silver, not gold,” Milton Friedman
Thank you for the information. I sold most of my other investments in Dec 2021 and Jan 2022. Then purchased 100 American Eagle, 100 Buffalo, 100 Maple Leaf, 100 Krugerrand and 100 Philharmonic. All one ounce .999 gold coins. I didn't trust banks, stock market or cryptocurrency for this economy. I am in the top 1% but I just want wealth preservation.
I "could" sell off some of my Ag and increase my physical Au position . . . But that decision is delayed for now . . . I stopped my Ag purchases & now focusing on Au . . 1/4oz at a time . . . I can always find $500 at the end of the month to buy 1/4oz Au GML . . . Coming up with $1,100.00 for a 1/2oz Au coin is not a doable deal for me . . so I stick with what I know & what works best for me How do you eat an elephant - 1 small bite at a time . . Consistency & Dedication
For most of the commenter that are talking about 14 k vs 24 k, as well as how many loss incured by reselling them. Its actually easy: each karat are sold based on how many percent gold it have, just convert that and you'll know how much total 24K you have in possesion at the end. When selling price is actually the same everywhere in the world and you can check daily how much your jewelery worth. If you buy jewelery without no or low premium (it exist) then your loss is extremely small, irrelevant how much carat your gold is bec. buying a 14 k definitely differ than 24k, the same when you sell it. I don't see it relevant to say buying 24k is better than 14k.
Australian here, into gold, silver & platinum; Despite the price difference, still much better value buying gold at lower premium than silver, which takes longer to recover that premium. Best value in 1oz or better, but depending on each individuals agenda, in this country, transactions below A$10000 are not declarable, so smaller denominations are better to dispose of to avoid any CGT.
Great work! Thanks for sharing your wisdom! I started buying gold and silver 18 months ago. Now have 50 0zs of gold and 1500 ozs of silver. I think I will buy more after listening to your videos.
Welcome and congrats. My only advice is buy why you can afford and never use debt to buy metals. They are for saving money you have. All the best to you!!
@@baldguymoneyofficial absolutely! Solid advice. I only invest using spare cash. The only thing I borrowed in my life is for the house i live in but now paid off.
Thanks SO much for the very interesting and well thought out analysis. This is a unique way of answering the age-old question about how much gold or silver holdings are enough. What I would love to see is a further breakdown of how much gold and silver is privately owned in the US only, and then how that translates to your top 1%, 5%, etc. While some of us are probably feeling pretty good about ourselves based on your world-wide analysis, I suspect it will be much different story (and perhaps more important) to see how we "stack-up" against just our fellow Americans. Keep up the great work!
I have gold bracelets that are considered bullion because of their purity. I purchased them with my gold coins. They are the same purity as my coins. I did this so I could wear them and still hold an investment. My bracelets come with certificates. You have excellent videos!! Thank you!! You are intelligent and handsome!!! They are just jealous!
Thanks for the interesting video. I own both gold and silver, purchased when the cost ratio was 81:1. I divided my money in half, and used half for gold and half silver. What was my cost ratio? A disappointing 64:1. The silver market is so unstable & inflated with paper derivatives that I think it will explode with a louder pop than gold. At the end of the day, though, silver and gold as investments are like expensive lumps of coal. What do we do when the price goes up and we want to sell? Do we have the option to sell these Tier 1 assets to banks affected by Basel III? Not to my knowledge. It would be nice if gold and silver owners could use their metal to buy ETF shares that would barter with banks (afflicted with bad real estate loans) for REO’s that could yield an income stream. Just the opportunity to get something other than USD’s would be terrific.
Top 1% in gold: $318,193/£255,808 Top 5% in gold: $102,831/£82,670 Top 20% in gold: $31,043/£24,957 Top 1% in silver: $12,686/£10,199 Top 5% in silver: $4,127/£3,318 Top 20% in silver: $1,266/£1,018 I find it crazy how it’s much harder to even get to top 20% of all gold stackers than it is to get to the top 1% of all silver stackers when it comes to affordability in terms of money. Maybe you should make a video of the top 1%/5%/20% of all rhodium stackers, it’s just an video idea.
Own 6 kg of Gold instead of USD or other fiat currency in my portfolio and advise each and everyone to quote their currency against Gold the way that you will see that you need ever lower amounts of Gold to buy a unit of your currency. It’s not Gold going up, it‘s currencies going down as an OZ of Gold buys more or less the same amount of grain over centuries. To be fair one should take into account short term interest rates over the long haul but keep in mind that the average life span of a currency is about 40 years - the western fiat currency system looks overdue for a reset.
First time viewer. Interesting content and data. By your numbers I am firmly in the 1% and 5% respectively and still going. All valuted off site of course. I found it interesting that your silver 20%/5%/1% align fairly with other sites I have viewed but your Gold levels seem significant higher than some others I have seen. While certainly subjective and depented greatly of data sources and assumptions taken. Nice work and thanks for the time to share.
Thanks for your point of view. I ran the numbers a few times and kept coming to similar conclusions. It is definitely driven by the number of owners vs. silver. I am thinking about finding some "whale" data to weight this somehow for regular stackers. I will certainly address it in future videos.
Unlike silver a lot of gold is stored/stacked in form of jewelery, especially in India and Middle Eastern countries. I know some people that have a lot of 22-24k gold but none in the coin or bar form. Platinum next?
I have owned gold royalty stocks for many years. Last ounce of gold I bought was at $1,800 usd. My plan is to unload those royalty shares if they really start to move and turn those gains into more physical gold. I'm just going for the better usd percentage gains, physical gold is always the goal.
I count my gold jewelry in my stack I got almost 3 ozs, one oz of 14 k on one ring. I have almost another oz in bullion and the rest in random jewelry.
I own placer gold which is 21-23K pure, but can be bought for slightly below spot price. By the time you pay the refinery/ mint markup and the Credit Card surcharge (if you buy that way), you are paying above spot by a lot. An example...spot @1768 Popular gold bullion site 1839.75 Using CC 1913.34. My placer gold source (not going to be an advert for them) 1758 and no CC surcharge. Placer gold sells at close to spot price to paydirt venders who use it to seed guaranteed ROI paydirt. My plan is to stockpile and become a paydirt vender or sell to them should prices go up.
Gold nuggets are all different that's also a plus for collecting. I know a group that has some g placer gold claims (200 acres combined) They figure 2th's of a gram per cubic yard on ground that has been worked for 100 years. They laugh and say they are all millionaires... Just have to get it out of the ground. That's an accurate statement, it's there you just have to work the ground.
According to this calculation, our family belong to the top 2%. I would not have thought that. By the way: In Germany there are about 9,000 tons of gold in private hands. In a century, Germans have lost two times their assets in a currency reform, hence the distrust of currencies and the hedging with gold.
another excellent analysis... your thorough explanation backed up by data from respected authorities make your conclusions very sound to me... don't sweat the trolls... believe it or not, it's a sign of success... it's the lack of comments that's more worrisome.. in any case, thank you and have a safe and enjoyable trip with the fam..
I was looking forward to this video and again brilliant. I only have 2 oz of gold bullion but I'm still in a pretty exclusive group of people. Since the silver video I have added 1kg of pre 1947 UK silver coins, they have 50% silver content. I know it doesn't count towards the target but it's still good to stack.
Currently in top 3% and heading for top 2% sometime in 2023... barring any world-shaking disasters, of course. Good video and just as interesting as the silver version. 👍 Oh, and whoever said that you are ugly is mistaken. There is beauty in everyone but some only see the most obvious parts of it or what they want to see. This says a LOT more about them than it does about you. Cheers!
@@baldguymoneyofficial No problem. Thank you for the videos you do. I find them interesting and entertaining. 👍 I hope that one day they will discover that we are all connected in life and that being kind, sympathetic, and generous to everyone makes for a much better life experience, both for the giver and the receiver.
Feeling better about our stacking. We’re over 4000 oz of silver. And 41 oz of gold so far.
Debt free and homesteading. It’s been a lot of sacrifice along the way. But we sleep at night.
That's amazing. You should sleep very well! Cheers.
Started saving in gold in 1975. Now have 220 ounces but haven’t bought any in the past 10 years because my kids are at College. Got interested in silver about 5 years ago snd bought most of it on EBay! I’ve now got 1400 ozs. Silver is a steal. All of this is literally in a hole in the ground which is about one 1/3 of a cubic metre. I’ve got a private pension which I couldn’t opt out of. All my gold are Britannias, legal tender in the U.K. I knew inflation would come eventually so I’ll wait a couple of years and pay it off with Gold. My house cost £78000 in 1995. That’s now 50 Oz but in 1995 was 195 Oz. Gold is your friend, don’t ever doubt it. I’m due to retire in 2 years. I reckon my outstanding mortgage will be 10 Oz . I have 1400 Oz of silver all bought for next to nothing on eBay. All of it is in a 1/3 cubic metre hole in the ground. I hope tip leave it all to my kids but I know it’s there if I need it. If I get my lump sum I’ll buy a small homestead and read books until I die. Love your channel and your friendly open manner. You’re sound people a great service. Gold is your friend. The only real money as decreed not by man but nature
Thank you for sharing - it's important newer stackers see this! I assume you're also a guitar player - very cool! Wishing you all the best.
I've copied your comment to a word file so I can go through it later in detail.
Great response, thank you for sharing. This is very encouraging for a young stacker.
Thanks for sharing. It’s really appreciated by people like me! My family unfortunately are not very interested in talking about gold/silver and financial matters that are so important in these times. Just nice to read your story!
Can you provide the GPS coordinates of that hole lol
Im in my early 20's and been stacking ever since the plandemic started.
roughly 2,300 ounces of Silver
12 ounces of Gold
Wow! Impressive.
Wow your doing very good.
Alex you are a BOSS!
12 oz of yellow is VERY impressive in 2yrs.
And buddy..... you're just shy of 160 lbs of silver... Wowzers!!!
For your age, you are in the top .001 percent on both. Great job.
Excellent start. Keep it up.
That's absoutely ridiculous! Some people are just trolls. I really appreciate your free, on demand, content, directed at my interests. Great analysis of the information, and the professionalism of your videos is A-1. I think I speak for the community at large, when I say thank you for the content.
Thank you so much for the comment. All the positive support has been really uplifting. When I started this channel, I knew there would be trolls - I just didn't anticipate how hurtful they could be. That said, comments like this keep me motivated! Cheers.
@@baldguymoneyofficial Unfortunately the most educated viewers listen and ignore the comments!! Thank you Bald stay shining
@@baldguymoneyofficial it's sad that people say such things. "Hurt people hurt people" is a fact of our lives. I sincerely appreciate your time and efforts - fascinating! And as a straight guy who's secure enough to say such things: I think you rock the bald guy look, sir.
Keep up the good work!
And thank you O Bald One for keeping us mindful of where we fit in the world. It will be a hard time when the system breaks, but hopefully we'll emerge unfettered by the Federal Reserve, have money based on commodities, and return to more responsible government. Meanwhile, keep up the good work! Algebra failed my ability to identify what the USA figures for 5% and 20% silver ownership in the US would be. Should I be plotting on a curve?
I agree, great video, great content, very interesting!!!
I'm almost a 5%er for gold and a US 1%er for silver. Your videos are amazing, thank you for the great information!!
Thank you Mat - I am so happy you like them.
Now that you’ve announced that, your due for a boating accident…..
I don’t think it’s correct to dismiss “jewelry” as a form of gold bullion ownership, particularly in India, since it’s not really what we have in the west; it’s pure gold and it’s traded as investment grade, and families tend to have lots of it.
I am not dismissing it - it is just very difficult to count. If you're interested, I can try to do it including jewelry. Let me know.
@@baldguymoneyofficial I'm interested. Gold jewelry is still monetary
@@baldguymoneyofficial It would definitely be both interesting and relevant, considering how India (and perhaps the Middle East and the rest of Asia as well) would then show different stats.
@@DanijelTurina973 Not only Asia, i count my jewellery as part of my stack and I’m European. Gold is gold!
Yet, in the USA, once you walk out of the Jewelry store, your “investment” has lost 80% of your purchase price. Don’t believe me? Try reselling it! You’ll get buttkiss!
Please keep uploading, studies like these are much appreciated. Thanks
You got it!
Started stacking Gold 2 years ago, currently at 6 oz. At 5g a month purchasing, looks like the 5% threshold will be crossed here within 5 years. Keep up the great content and thank you!
That's great! Thanks for commenting. Wishing you a great day ahead.
You’re doing an amazing job, keep it up! Just a thought - it would be more economical for you to save the 5 gms/month purchase cost, accumulate it over a period of three months, and then buy 1 @ ½ oz. coin/bar at a fraction of the premium you’re paying for gold by the gram. You’d get a lot more bang for your buck. Just a thought…
So my meager 10 ounces of gold puts me where?
These videos really helped me understand how undervalued precious metals are.
Greetings Professor! Glad you have done the research! On Saturday I am buying both gold and silver. I am well established in the top 5% and growing! My personal goal is to get to 100 oz of gold.
Good for you, but please do everyone a favor and don't store it in your house. Put it away in a vault somewhere.
Very ambitious!
Very nice!
A local coin shop owner I know has 200oz. gold & 400oz. silver. This is his retirement monies. Smart fella. peace-!
Um 4k oz silver...
I own 80 oz of gold (60 coins & 20 bars) so I guess I belong in the 20% category which makes me proud of what I have accomplished. BTW I think you are a sharp looking guy!!
That’s great Miguel! Thanks for the compliment.
Regardless of the purity, each 1 oz gold coin contains one ounce of gold. It's just that 99.5% purity means that .5% of the coin is made of something other than 1 oz of gold. That's to make the coin harder and more durable. A pure 100% gold coin would be 24 karat gold. And those coins are soft and malleable.
Absolutely!!! That is an important point that many people don't know. I will be sure to mention that in my next video.
Gold Buffaloes are softer than Gold Eagles.
The coin, like the South African Krugerrand, weights more than 1 Toz to compensate for the added metal to harden the coin.
We are not circulating our gold coins like we did Pre-33, so no need to harden them. They sit in tubes these days!
For 24 Karats it is 99.9% or 99.99%, not 99.5%.
Australia… we are holding over 240 ozs
Of Physical Gold as a couple.
Plus 400 ozs of Silver
Plus lead as insurance for it 👍🏾
What is your address? Also, could you please attach a picture of your faces?
i dont think you are either wise or careful telling the internet how much gold you have...
Lok
As a fellow Aussie and gold stacker wanting more, I was thinking about paying you a visit; but your lead insurance cover has made me think again! he, he!
Where do you live?
I'm going to join the 1% club. 300,000 is 10% of a 3 million portfolio which seems entirely reasonable and doable.
If I had a 3 million dollar portfolio I would have at least a third of it in gold right now if the alternative is to be in fiat dollar based investments.
Me: "I can't wait to see where I stand after I bought my first gold coin, a 2016 1/10 oz. American Gold Eagle Coin." Me after watching the video: "WHAT?!!!!" 😝
Dollar cost averaging is the key. Slow & steady.
This is what I give my kids for Christmas. Best way to teach them to invest in honest money.
It doesn't matter where you think you stand. You have 1/10th more than the average Joe.
Well!! I guess I fell short at 14 oz. There was a time when i had 28 oz. of gold, but hard times fell upon me and i sold it. But in these times with the Gold i"m building now at 14oz going on 15oz. and 363 Oz. of Silver I have learned to fight to keep my Metals.
Cool video! So interesting to compare to silver. Doesn't take much to be top .2% of silver stackers... but for gold... wow! Even if I flip half my silver stack at a 1:40 ratio I still don't make the top 20% lol.
Why not stack a little silver... seems like a great gamble!
Thank you BGM for making and posting this video.
Your good intention and positive vibes pervade throughout your presentation.
Blessings and much brotherly love.
Thank you for making these videos. I think they are great to set goals. For example, right now I am just shy of being in the 20% group, so 16 oz just became my next goal ;) Getting in the 1% will take a lot of time and effort and is probably out of my reach. But the 5% group is not impossible. Would love to see ypu take on the gold/silver price. Many in the silver community feels silver should be worth more than gold. I think the fact gold is the perfect metal for money by not degrading at all makes a big difference on it's value regardless of the mining ratio.
A lot of people have said that and I am so happy that so many viewers are goal-oriented. It's really a key to success.
I am trying to get in the top 20% of gold bullion owners by the end of this year! I am already in the top 10% of silver owners. Thanks for this very interesting video.
Congrats. You can do it!
In Physical Gold We Trust
I would really appreciate a video of how spot price relates to amount of available ounces of gold and silver.
Interesting! Doesn't take much to be top 2% on silver but then gold... Wow! Considering the recent action now on the chart, would it be right to stack up positions at the moment?
That's all up to you and what you can afford of course. I buy regularly but space my purchases setting price targets based on Technical analysis. I share all of my price targets on Patreon if you're interested. I bet some people who waited and followed me on my last targets saved enough to pay for the Patreon for at least a few months.
Great Video. I've been accruing gold bullion for about a decade now so I'm in between the 20% and 5% club.
Good stuff!
I’m 13 and I still own 5 ounces of gold
Grandpa given you gifts I see.
Well done!!! Keep at it❤
I am a simple man and 8 years ago I sold everything I had and purchased 185kg of silver and 11 kgs of gold and never thought it a big deal until seeing this pod cast. But besides some cash I own nothing else, no home No car. I was holidaying here in the states from New Zealand and witnessed the planned crash of 2008, Since then I have educated myself on global politics and moved to America.
Everything I have shared with others is now coming true.
1/ the collapse of the petro dollar, and now pending collapse of America.
2/ Those America have terrorized and bullied rising and becoming our masters.
Ever bully be it in a school yard, Bar or globally aways meets a tougher smarter bully.
Please keep up the good work, I share your posts with my like minded friends around the globe.
Regards Hylton.
Ps
Please ecuse my grammar I am at work driver my 18 wheeler around this beautiful country
Hi Trucker - I appreciate you sharing your experience with us in the comments. There is nothing to excuse as there are no grammar requirements to comment here. Your comment is common sense and I think we need more of that. I will of course encourage you to consider getting your own "castle" as real estate prices correct. Congratulations on your large stack.
Great video and great post discussion about boullion vs jewelry. The bottom line is while jewelry is safe from confiscation, it has a more difficult exit strategy when/if that time comes. Boullion is exposed to confiscation but easier exit strategy. There's the trade off.
About the corporate ownership side, keep in mind countries and corporations fudge numbers, so well never really know how much gold they're holding until they use it/ exit. Great discussion
What a great video. Thanks for your very well done work on gold. Your video on silver was good too, but this one topped it. You would make a great teacher.
Thank you for the work you put in to make this video, I appreciate the info and watch regularly 👍
Thank you for watching! I appreciate that.
Excellent video keep them coming. I would consider this to be the first step forward for gold in the $2300 see today.
I own physically 8.5 kg gold and 31 kg silver. Based in India. Also own 250 gms in Sovereign Gold Bonds
Pay no attention to troll bots. I’ve yet to see any of them make meaningful contributions on anything whatsoever. Appreciate your analysis and discussion. Keep doing what you do!
Interesting analysis. To be in the top 1% of Gold, 164 oz would be about $295,000 with spot near $1800 per oz. But for Silver to be in the 1%, 406 oz would be about $8,500 with spot near $21 per oz. Well into the top 1% for Silver but not even the top 20% for Gold yet. Here's an interesting topic that would be neat to map out. How much money each age group makes, how much debt or saved they have, how many vehicles they own, average home price or rental expense, along with the amount of Silver & Gold each would typically have.
VT247
this could be done as an anonymous survey really easily...
I'm right there with you.. I could sell some silver and easily be in top 20% of Gold holders and remain in top 1% of silver holders... But is it worth it?.. SILVER IS DEFINITELY UNDERVALUED! I think I will stay as is and convert silver to gold later when the SILVER to Gold ratio becomes more attractive. 👍
@@SmithsnMoz I am wearing the same shoes you are . . I "could" sell off some of my Ag and increase my physical Au position . . . But that decision is delayed for now . . . I stopped my Ag purchases and now focusing on Au . . 1/4oz at a time . . . I can always find $500 at the end of the month to buy 1/4oz Au GML . . . Coming with $1,100.00 for a 1/2oz Au coin is not a doable deal for me . . so I stick with what I know and what works best for me
Your content is really incredible and well thought out. Delivery of facts seems very honest. Keep up the perspective for us who overwhelmingly appreciate you. Thanks once again!
Thank you Ryan!! Positive comments like this make it all worth it.
Thank you Bald Guy. Please do cover the gold/silver ratio and why it is the way it is. Also, if you could get to XRP that would be very good as well.
please do the video you mentioned at the beginning of this video: how much silver/silver ratio chart!
Can you please make a GSR video. I enjoyed the silver version of this video and thought this video was very interesting too. Thanks from Australia.
Whenever i see or hear GSR, i immediately think gunshot residue..... the stuff the forensic cops swab your hands and clothes for to see if youve fired a gun recently...
Hi Betty! I will definitely do that video.
Good job putting this content together, now I know I have a ways to go to get in the top 1%, but now I know where I stand...
Thanks for presenting your study - good and useful gauge for the stacking community.
Glad it was helpful!
Love to see my fellow stackers. Top 5% on both assets
I own 25oz of gold, in Wiener Philharmoniker coins. I think I am all set with my diversification into physical gold. That is my insurance. I also own gold stocks - Barrick gold, and some junior miners such as Erdene Resources. But I am more bullish on the green energy metals. I made pretty good profits from the Vulcan Energy and Lake Resources in lithium and these companies still can go 1000% in a couple of years, but I am also positioning into copper (Ivanhoe mines), nickel, cobalt, manganese, tin, graphite. All of those have predicted shortages in a couple of years. And I am also heavily invested into oil, and I am buying green energy stocks with great potential. For example I bought 1000 stocks of Capstone Green Energy recently. But gold is definitely nice to have. To an average guy who wants to preserve his savings, I would say buy gold and hold it, it will likely be $10.000 at the end of the decade. I am curious about bitcoin, though I do not own any. Will it survive?
Any metals are good investments
@@danielcaissie1207 historically, miners have been a bad investment over the last decade, though we are entering a new commodity supercycle. The switch to green energy will be all about mining. We are now entering a recession, at the other side of the recession, commodities like metals will shine
1oz Ostrich philharmonia are so big, and beautiful, really yellow, not red like the first Krugerrand gold coins I bought, I was so disappointed I recall.
Amazing comment Dalibor. I see things much the same way you do although i stay away from mining stocks due to historical volatility. I hope everyone reads this comment because it sounds like you are way ahead of the game. Cheers!
@@daliborbobr6331 I agree 👍 💯
Love it. Top 1% in silver, top 5% in gold.
I'd like to see one for Platinum bullion; very curious about how that would pan out.
likewise
Platinum stacking has become popular recently. I'm a stacker of platinum as well. I'd have more gold if I didn't buy some platinum. But maybe I'll have more gold in the future because of the platinum I have now, time will tell.
AT MY CURRENT RATIO 50/50/5000 I FEEL WELL DEVERSIFIED, SO DOES THE DEEP WHOLE IN A STATE PARK, I REALLY HOPE THAT DEER DOESNT LEARN TO TALK.
Thank you very much for taking the time to put your presentation together. Well done and presented. Your new name for me is the “the deep dive guy.”
Wow, now I realize I am poor. I only have 9 ounces of gold and 388 ounces of silver. I should have stacked more when I had the chance.
9 oz of gold is nothing to laugh at. Picture a global currency reset and what you have could easily skyrocket to a range from $180,000 to $360,000. That is the reality of it! You just can't remain in the U.S. for it to become a certainty: M.L., FEMA camps, etc.
You won’t need it for long.
@@petercrone3524why?
In the last year ive bought 20 ounces of gold 10 ounces of platinum and 700 ounces of silver. I put mlst of my income in metal last year as i do not trust the banks. Great videos keep it up !
Thanks. And to you too - you’re doing very well!!
This is fascinating. Thanks for doing the research. Could you make a video like this and the silver one but for platinum, please?
I will be doing a video on platinum soon - I hope you look out for it.
@@baldguymoneyofficial Great, I'll definitely watch it. Thanks, Bald Guy Money! :)
@@baldguymoneyofficial sweet !
I am definitely not in the top tiers but I feel very blessed to own the gold that I do. Interesting video. Thanks
Would love to see this figures for Platinum.
I will do something for platinum soon.
@@baldguymoneyofficial very cool! Thanks!
@@baldguymoneyofficial We look forward to that. And subscribed!
I’m a subscriber, I have been stacking bullion since 2004. Mostly gold now, but started with silver.
I currently have 120 oz gold bullion and 250 oz silver.
Thanks for subscribing.
Thanks for the video. Since my silver (just barely into the top 1% worldwide) and gold stacks are approximately equal at current prices, I expected my gold to put me closer to the 1% than I was. I didn't even make it into the top 20%. So where would smaller amounts of gold like 5 ozt of gold land on your scale?
Just off the top of my head I'd say that's likely top 40% and it's a nice amount to have.
A light snack!
Any amount of precious metals you own is good.
@@danielcaissie1207 send me some to get me started
Great channel...always learn something. Can you do this same breakdown on Platinum?
I can't promise I will do it for platinum, but I will be talking about it again soon.
Thank you for doing this! Very informative! I’m almost half way to the top 20%: not that I really care to label myself as anything. It’s just interesting to see where I stack up worldwide. I should reach 16oz in about 6-8 months.
Good your collecting precious metal.. but his calculations are very wrong.. today the western world is seen as wealthy.. tomorrow (when fiat money is no longer believed upon) most will be below the poverty line.. but.. 80% of India and china's gold is in jewellery.. so like in USA it can't be confiscated.. their holdings of precious metal jewellery is far above what he mentions..
Just highlights the importance of investing in physical gold.
@@mint-tedpreciousmetals7735 totally agree.. just remember.. 7 cents to 70 cents is the same returns as $1800 to $18,000.. as Brad Pitt said in big short.. maybe the future currency is food seeds.. May we cover all angles
@@paulwhite856 plenty of investment opportunities over a diverse range of areas! Times aren’t ending, they are changing. Nature is change. Cycles. Same in the economic cycles. So we all have to adapt accordingly. That’s why I like to have a portion of my portfolio which I solely am responsible for. So I can adapt and make adjustments where and as needed.
@@mint-tedpreciousmetals7735 wise words.. just many forget.. it is usually that, that costs nearly nothing that gives the best returns. .. I don't think the world will end.. but I do believe that we take for granted will rise much more in price than that, that costs a good wage
this shows that gold is power.
The demographics of gold stackers to silver stackers is something I have always wondered about. Your research and reasoning is very good although not including jewellery. Might be a good video on its own to talk about stackers verses jewellery. There is so much to understand about silver and gold stackers and why we do it.
I might do a follow up including jewelry - there seems to be demand for it.
Thank you for posting these percentages of gold ownership.
Well I'm in the 20% in gold, but that's not bad cause I'm the 1% of the silver stacker's
Congrats!
@@baldguymoneyofficial just waiting for the silver to gold ratio to chang so I can get more gold ..
Ps ...I love gold 💛 ✨️
I stand here today . . And I'm VERY proud to say . . I'm in the the top 20% in Au ownership . . .
Congrats!
@@baldguymoneyofficial THNX
Thank you Bald Guy! This is very informative. It’s hard to include jewelry, but should be easier to include paper (such as ETF). Is it possible to expand the topic with ranking to include paper gold ?
If you can't hold it you don't own it
And what about goldmining stocks, how does those convert into gold? Perhaps selling them at current price and buying bullion for da money. In that case I will make it into the 5% YEEES!
I can consider that!
@@danielcaissie1207 YES!!!!! paper gold??????? paper is not gold. paper is paper and gold is gold. with the rate of paper contracts to actual gold------each paper oz is less then 1/100 of an actual oz. Bald guy needs to understand that variable if he attempts to calculate that.
@@prestongreene7489 I've been trying to convince my family and friends to invest in physical metals, but most of them don't get it...I've been called all kinds of things but I don't really care cause, I know deep in my soul I'm doing the right thing...
awesome work dawg, not too many like u out there man hats off to ya for this. #Gold & #Silver to the 🌕 baby we out 🚀 #EndTheFed
I’m a 1%er for both. 😳
Always thought I needed a lot more. Started buying back when gold was sub-$700 CAD per ounce. Silver was $11 CAD at the time. Damn…should have sold a kidney to have bought more back then. 🤷🏻♂️
Congrats!
I remember silver at $3/oz.
My intelligence was way off at that time, though.
you are greedy and keep your kidney healthy by drinking no sodium mineral water
I like the way you breakdown this interesting topic in terms that are easy to understand.
Glad you liked it.
Feels good to be in a pretty exclusive club 😎👍👍
What's your address? Oh wait, found it!
I really hope you see this cuz I'm really trying to understand this.
Silver 541 oz $12,702
Gold 164 oz $321,440
How is the price so different. The average person I would think could be in the top 1% of silver within a year or two.
But in the gold category it would take a lifetime. Is it because gold's overvalued is it because silver's manipulated. There's not too many things with precious metals that I can't wrap my head around and this is definitely one of them. I would have never guessed gold to be so many ounces? If you have a minute can you please give me something to think about. Maybe I missed it in the video. I do love your videos though.
Hey. I see all the comments that Google shows me and always do my best to respond. The reason it takes so much to get to the top of the gold ladder is because less people stack it in bullion form, which concentrates large amounts into smaller groups. The reason for that is the high price that attracts very wealthy people who are able to buy kilo bars. Gold is a more elite stacking group vs. Silver. I hope that clears it up a bit. If not, here’s some more info on Silver I covered: ua-cam.com/video/UXENdkmapAY/v-deo.html
My family belongs to the 5 % (per Person)! In gold we trust.
You are your own Swiss bank and immune to nefarious world banking fiat currency manipulations. Congrats!
Thanks for this video , very informative, I am very close to be @ 1 % in gold , i don't own any silver yet waiting for the crash to happen so i can load on it ,i will definitely share this info
Hi Bald Guy, internet is full of trolls. Don’t worry about them, they suck and will go away. Thank you for doing this video. This is very helpful fir perspective.
1% U.S. for silver. 5% world for gold. Enjoy your well deserved vacation! When you get back, is there much difference in U.S. gold numbers like there was on the silver video?
Peace
Yo Yoma! Your words are like hearing Bach played on a Cello - music to my ears. Thank you! For USA vs. world on gold there are certainly some minor disparities but not as large as for silver because of the modern tradition of stacking silver that exists in the West vs. the global recognition of gold's value amongst the world's elite. As it stands now I am not planning to dive deeper into it - but I am looking into adding jewelry as an element of the calculation since there is a lot of interest in it.
@@baldguymoneyofficial
Nice cello reference! Thank you for the additional info. Looking forward to more of your great content. Let us know how your vacation goes. See ya
Thanks brother! I really appreciate your videos!! God bless all who reads this!!!
Cheers Ron!
Boat sank at 160
That happens so often these days.
I started buying gold about 3 years ago and have accumulated 48-50 ounces. 85% AGE's and Buffalos, the remainder Maples. Haven't made any purchases since gold was $2000.
I am almost half way the top 20% of gold owners, but I am somewhere within the 10% of the top 1% of silver owners. Think silver has so much more potential as investment. And "The major monetary metal in history is silver, not gold,” Milton Friedman
I managed to just scrape into the top 0.1% for silver but only around top 10% in gold. Time to start adding more yellow shiny stuff I think.
I will cover the gold to silver ratio soon. I think will provide a little food for thought. Thanks for watching.
Thank you for the information. I sold most of my other investments in Dec 2021 and Jan 2022.
Then purchased 100 American Eagle, 100 Buffalo, 100 Maple Leaf, 100 Krugerrand and
100 Philharmonic. All one ounce .999 gold coins. I didn't trust banks, stock market or
cryptocurrency for this economy. I am in the top 1% but I just want wealth preservation.
Good job!
Why did you pick Philharmonic over Brittanias?
Looking sharp as always, BG!
Thank you!
I "could" sell off some of my Ag and increase my physical Au position . . . But that decision is delayed for now . . . I stopped my Ag purchases & now focusing on Au . . 1/4oz at a time . . . I can always find $500 at the end of the month to buy 1/4oz Au GML . . . Coming up with $1,100.00 for a 1/2oz Au coin is not a doable deal for me . . so I stick with what I know & what works best for me
How do you eat an elephant - 1 small bite at a time . . Consistency & Dedication
For most of the commenter that are talking about 14 k vs 24 k, as well as how many loss incured by reselling them. Its actually easy: each karat are sold based on how many percent gold it have, just convert that and you'll know how much total 24K you have in possesion at the end. When selling price is actually the same everywhere in the world and you can check daily how much your jewelery worth. If you buy jewelery without no or low premium (it exist) then your loss is extremely small, irrelevant how much carat your gold is bec. buying a 14 k definitely differ than 24k, the same when you sell it. I don't see it relevant to say buying 24k is better than 14k.
I have a video on the topic of jewelry.
I personally enjoy your content, especially breaking down analytics through mathematics!
Thank you so much. You’ll love my next video if that’s the case. I’ll be releasing it today.
Australian here, into gold, silver & platinum; Despite the price difference, still much better value buying gold at lower premium than silver, which takes longer to recover that premium. Best value in 1oz or better, but depending on each individuals agenda, in this country, transactions below A$10000 are not declarable, so smaller denominations are better to dispose of to avoid any CGT.
I'm closing in on my next goal, great video & thanks for your videos!
Great work! Thanks for sharing your wisdom! I started buying gold and silver 18 months ago. Now have 50 0zs of gold and 1500 ozs of silver. I think I will buy more after listening to your videos.
Welcome and congrats. My only advice is buy why you can afford and never use debt to buy metals. They are for saving money you have. All the best to you!!
@@baldguymoneyofficial absolutely! Solid advice. I only invest using spare cash. The only thing I borrowed in my life is for the house i live in but now paid off.
Thanks SO much for the very interesting and well thought out analysis. This is a unique way of answering the age-old question about how much gold or silver holdings are enough. What I would love to see is a further breakdown of how much gold and silver is privately owned in the US only, and then how that translates to your top 1%, 5%, etc. While some of us are probably feeling pretty good about ourselves based on your world-wide analysis, I suspect it will be much different story (and perhaps more important) to see how we "stack-up" against just our fellow Americans. Keep up the great work!
Thank you. I will be revisiting this topic soon. Cheers.
@@baldguymoneyofficial did you every do a top 1% usa gold stack video?
I have gold bracelets that are considered bullion because of their purity. I purchased them with my gold coins. They are the same purity as my coins. I did this so I could wear them and still hold an investment. My bracelets come with certificates. You have excellent videos!! Thank you!! You are intelligent and handsome!!! They are just jealous!
That’s great! I like jewelry too. Thank you so much for watching. Wishing you a great day.
Thanks for the interesting video. I own both gold and silver, purchased when the cost ratio was 81:1. I divided my money in half, and used half for gold and half silver. What was my cost ratio? A disappointing 64:1. The silver market is so unstable & inflated with paper derivatives that I think it will explode with a louder pop than gold. At the end of the day, though, silver and gold as investments are like expensive lumps of coal. What do we do when the price goes up and we want to sell? Do we have the option to sell these Tier 1 assets to banks affected by Basel III? Not to my knowledge. It would be nice if gold and silver owners could use their metal to buy ETF shares that would barter with banks (afflicted with bad real estate loans) for REO’s that could yield an income stream. Just the opportunity to get something other than USD’s would be terrific.
Appreciate your work. Please ignore those nasty comments. You're doing good and a young nice man.
Thank you Lydia!
I was hoping you would do this. Sure glad I found your channel at this time. Saw your silver video. That's why I joined. Many thanks.
Cheers! Very happy that you found the videos.
Top 1% in gold: $318,193/£255,808
Top 5% in gold: $102,831/£82,670
Top 20% in gold: $31,043/£24,957
Top 1% in silver: $12,686/£10,199
Top 5% in silver: $4,127/£3,318
Top 20% in silver: $1,266/£1,018
I find it crazy how it’s much harder to even get to top 20% of all gold stackers than it is to get to the top 1% of all silver stackers when it comes to affordability in terms of money. Maybe you should make a video of the top 1%/5%/20% of all rhodium stackers, it’s just an video idea.
Amazing observation! It lends some credibility to the "silver is undervalued" narrative.
I only have gold in the form of a few collectibles. I do have some electrum through.
Own 6 kg of Gold instead of USD or other fiat currency in my portfolio and advise each and everyone to quote their currency against Gold the way that you will see that you need ever lower amounts of Gold to buy a unit of your currency. It’s not Gold going up, it‘s currencies going down as an OZ of Gold buys more or less the same amount of grain over centuries. To be fair one should take into account short term interest rates over the long haul but keep in mind that the average life span of a currency is about 40 years - the western fiat currency system looks overdue for a reset.
First time viewer. Interesting content and data. By your numbers I am firmly in the 1% and 5% respectively and still going. All valuted off site of course. I found it interesting that your silver 20%/5%/1% align fairly with other sites I have viewed but your Gold levels seem significant higher than some others I have seen. While certainly subjective and depented greatly of data sources and assumptions taken. Nice work and thanks for the time to share.
Thanks for your point of view. I ran the numbers a few times and kept coming to similar conclusions. It is definitely driven by the number of owners vs. silver. I am thinking about finding some "whale" data to weight this somehow for regular stackers. I will certainly address it in future videos.
Unlike silver a lot of gold is stored/stacked in form of jewelery, especially in India and Middle Eastern countries. I know some people that have a lot of 22-24k gold but none in the coin or bar form. Platinum next?
great job you give a safe path to someone who is new to stacking precious metals hello from hellas
Kalimera! Thank you for watching.
I have owned gold royalty stocks for many years. Last ounce of gold I bought was at $1,800 usd. My plan is to unload those royalty shares if they really start to move and turn those gains into more physical gold. I'm just going for the better usd percentage gains, physical gold is always the goal.
I count my gold jewelry in my stack I got almost 3 ozs, one oz of 14 k on one ring. I have almost another oz in bullion and the rest in random jewelry.
Hi! That's ok - I am not saying that jewelry is not gold. It is just not counted in this calculation. Cheers.
@@baldguymoneyofficial fasho CHEERS!
I own placer gold which is 21-23K pure, but can be bought for slightly below spot price. By the time you pay the refinery/ mint markup and the Credit Card surcharge (if you buy that way), you are paying above spot by a lot. An example...spot @1768 Popular gold bullion site 1839.75 Using CC 1913.34. My placer gold source (not going to be an advert for them) 1758 and no CC surcharge. Placer gold sells at close to spot price to paydirt venders who use it to seed guaranteed ROI paydirt. My plan is to stockpile and become a paydirt vender or sell to them should prices go up.
Gold nuggets are all different that's also a plus for collecting.
I know a group that has some g placer gold claims (200 acres combined)
They figure 2th's of a gram per cubic yard on ground that has been worked for 100 years.
They laugh and say they are all millionaires... Just have to get it out of the ground.
That's an accurate statement, it's there you just have to work the ground.
According to this calculation, our family belong to the top 2%. I would not have thought that.
By the way: In Germany there are about 9,000 tons of gold in private hands. In a century, Germans have lost two times their assets in a currency reform, hence the distrust of currencies and the hedging with gold.
another excellent analysis... your thorough explanation backed up by data from respected authorities make your conclusions very sound to me... don't sweat the trolls... believe it or not, it's a sign of success... it's the lack of comments that's more worrisome.. in any case, thank you and have a safe and enjoyable trip with the fam..
Thank you so much for watching and for your kind comments. Have a wonderful week ahead.
I was looking forward to this video and again brilliant. I only have 2 oz of gold bullion but I'm still in a pretty exclusive group of people. Since the silver video I have added 1kg of pre 1947 UK silver coins, they have 50% silver content. I know it doesn't count towards the target but it's still good to stack.
Good stuff! Having 2 ounces of gold is pretty good - remember, there is only 0.3oz per person.
I had to subscribe to you today I like your feel-good videos on gold and silver made some of us feel very rich 01 percenters
Currently in top 3% and heading for top 2% sometime in 2023... barring any world-shaking disasters, of course.
Good video and just as interesting as the silver version. 👍
Oh, and whoever said that you are ugly is mistaken. There is beauty in everyone but some only see the most
obvious parts of it or what they want to see. This says a LOT more about them than it does about you. Cheers!
Hi Ed - thank you for your kind words. There are all kinds in this world - I sincerely hope they find happiness.
@@baldguymoneyofficial No problem. Thank you for the videos you do. I find them interesting and entertaining. 👍
I hope that one day they will discover that we are all connected in life and that being kind, sympathetic, and
generous to everyone makes for a much better life experience, both for the giver and the receiver.
55 oz and climbing. Buying more today