As a long time coin collector and more recently a stacker. I like to do both. I've been collecting coins since I was 9 and I am now 70. Yes, collector coins require experience and education and took me years to finally understand what I was looking at as far as valuation, grade, etc. As a coin collector, it was relatively easy for me to become a stacker.
@@baldguymoneyofficial As a child I collected U.S. coins but as I got older I went through several specialized phases. The most recent, which I have been collecting since 2009 is coins and tokens of the Soho Mint. Matthew Boulton was the first person to strike coins under power (steam) and as a student of the history of technology (and a former machinist) I found it intriguing.
You know that your heirs will sell your collection for peanuts and piss away the money on frivolous junk..... I recently watched my daughters psychopath neighbor hire a giant portable dumpster and empty her elder parents lifelong home into that dumpster and didn’t care what the items were...just throw in the trash! They were 80 and going to a care facility....
In the 90's I worked an hourly job down the street from a coin shop. I started buying silver rounds and eagles every pay day just for fun and kept it up for the 20 years I worked there. It would have taken 2 rounds to fill my van up with gas just as it does today. I still have that old van and all the silver I bought over the years. At 77 years old I have everything I will ever need in life so My 4 kids can split it when I'm gone. I'm sure they will pass it on too because they planned ahead and are set too. Funny how things work out.
This video is very well done. Your ideas are well thought out and relayed in a nice structured unbiassed manner. Well done. I am a coin dealer and found this video very informative.
Also, 'Is that in USD or what?' It is a bit presumptuous for it to give a figure and have the asker assume the currency it is in. To be fair, it IS usually in USD, but I am only concerned what it is valued at in local currency, since that is where I buy or sell it.
Nothing,soon as the manipulation is being removed as we WW move to a gold, commodity, precious metals back currancy under a quantum financial system. The US debt clock as of 01/27/23 has depegged the fiat currancy from gold, silver and oil.
‘AI’ as represented by apps like ChatGPT in this generation is nothing more than an amalgamation of current facts and opinions sorted by an algorithm written by a person, and the answers you get reflects the rules of that particular algorithm. All in all very entertaining but no more “artificial” than the app developer’s biases, and “intelligent” as what it’s been fed. Best “AI” is no AI but reliance on educating oneself and applying critical thinking to facts and data, and taking all opinions with a certain “grain of salt.”
WELL SAID THANK YOU! There’s nothing we know of as powerful as the human brain and we only have 10% usage lol imagine what we could do if our creator thought we were responsible enough to have use of the whole damn thing lol I’m a retired defense engineer/scientist of sorts lol once I reached the peak of my education I came to a crossroads that all intelligent people come to one road is arrogance the other enlightenment I took enlightenment and realized we know nothing ….. except how to manipulate the atom
Considering Silver's all time high of $49+ in the late 70's equals almost $165 (adjusted for inflation), $160 is not unreasonable. Improbable but not unreasonable.
It's not really improbable that silver will greatly surpass $200, imo. In the 70s, only the US citizens had silver for the most part since majority of other countries made precious metals illegal and their citizens were much poorer than today. We now have over 6 billion people on earth, with a lot more purchasing power than people in the 70s, and their governments are now encouraging them to hoard metals.
You have to also realize that today vs the early 80’s we have 55x more currency (paper bs) 56x more millionaires 200x more billionaires 220x more available consumercredit 49x Size of global stock market 39x assets under management
Buying silver or gold as an idea becomes much stronger if linked to savings generally. Acquiring small amounts of a tradable metal can be more fun than watching a bank balance grow and at the same time lose value, especially in times of high inflation.
Most advisors worth their salt will say, depending on age and circumstances, about 20% of a balanced portfolio should be Cash/Equivalent. Without getting into specialized knowledge, precious metals are often treated as a subset of that Cash/E. Holding cash for any material length of time is a losing position for an individual as the bank is making money off of you while providing, most often, less than the rate of inflation as "interest"
Gold and silver serves three basic functions. By definition, it is a medium of exchange (due to its intrinsic properties), a unit of account and as a store of value.
Lol. Das ist just the scientific definition of money. If you consider silver money, then it should fullfill those. But precious metals are different from FIAT currency. You can eat from silver plates and make silver stakes to hunt werewolves (:
@@DevineAbyssalso use one billion ounces a year I electronic, solar panels etc, only nine hundred million will be mined this year so even if industrial was the only use and it wasn't money the price still goes up
Thank you for sharing the video about ChatGPT's features, capabilities, general operation, and constraints. I wonder why AI #1 is programed NOT to predict future commodities tho. This goes to show the essence of a professionals advice or opinion. AI with the common sense........lol
I have learned that this AI can be similar to a child trying to keep a secret. If you ask multiple questions giving ChatGPT a lot of information, it will usually finally give a reasonable answer.
A huge part of my pt growth came this bear market and from Gold. I've been able to scale from $18k to 57k passively following guides from Yvonne Annette Lively. It was a swing trade by the way. Still hold longer positions. It's more about knowing when to buy or sell.
I prep as well and I would argue that gold/silver should be part of that prepping as well. I don't think it will happen because it is truly not in the best interest of the powers at be but if the banking system collapses, even a small amount of stacked silver and or gold will and could go a long way. So though I agree with your assessment of the first 4 first. I'd add a small amount of silver and gold stacked to prep. But yes, do those 1st 4 first before stacking for wealth and investment
I don’t stack collectibles either, however, agree with AI’s assessment that if the future is not all DOOM, the collectibles will have good value as they always have
I've always thought collectibles and antique silver/gold is a good inclusion. One, it diversifies your stack and two, if it makes it fun and more enjoyable to build your stack up then more power to you.
Absolutely WONDERFUL video! well WELL done!!! Hope all is GREAT in your life. Thank you for the share and have a GREAT day! Peace from the land of OZ!!!
Just to give my own context regarding your fourth question on how high of a price silver can reasonably go I' liked the $160 answer. But I would qualify that I like it given today's market conditions including today's rate of inflation. When and if market conditions change ;and they likely will at some point; another answer should be appropriated
Thank you for the video and especially exposing your viewers to ChatGPT and it's capabilities and a general overview of how it works as well as it's limitations.
It won't allow what the elite considers mis info, and since the commodity market is all lies I wouldn't expect to to accurate predicting future prices.
Just watched this about a year after you posted it to see how relevant it still is. It is very relevant and a great summary of reasons for owning gold and silver. At this writing, GOLD is $2,750.69 USD up ▲ 13.17 in the past 24 hrs. and SILVER is $33.80USD up ▲ 0.04. The price is climbing steadily due to all of the uncertainty in the world right now. Just stacked another 1/4 oz. Maple and might go for another before the US election because I have a feeling it will continue to go up no matter what happens on election day. Thanks BG for your insightful videos.
I noticed the AI didn't include the price of premiums for selection of gold or silver types for stacking. It (or you) alluded to silver bars being less expensive and very true. If I understand the AI correctly, one could ask for the premiums of gold stackers and silver stackers. As a coin collector since I was 10 years old (now 75), I've noticed the value of some "bullion" coins (Silver Eagles, Maple Leafs, British Sovereigns, et.) are a good crossover as some dates are very scarce and hold a lot more value than for mere spot prices. Back in 1996 I bought a few silver eagles and sent one in for grading to PCGS. It came back as MS70, the highest grade. I put it on eBay and there was ferocious bidding up until the last second. It sold for $5,600! That was my once in a lifetime purchase. Very interesting video. I liked and subbed! Re stacking, a helpful vid might be one that offers suggestions for how to bug out of your house when you have two safes full of bullion and collector coins. Just theoretical, not me. Dump everything in duffel bags, roll-about luggage, etc? Cheers, Bob
@@snowyowl6892 an open AI platform. You can try it for free. Some programmers have asked it to write a rather complicated program and it was 80% accurate.
It's also very moody, irrational, and biased , as it was written by leftists and libshits, in not convinced that chat gpt isn't just some 10 yr olds with Google in India, making 10cents per hr
What an interesting video! It's good to see that the AI agrees with my stacking practices and that I am meeting/exceeding minimum acquisition recommendations.
In bars and rounds I only buy Sunshine Minting products. I can quickly check that they are real silver by using the SI lens that shows the word "Valid" or at the 90 deg position a Sunburst symbol. This is a great insurance policy.
I agree with your analysis on Sunshine minting and the security feature. Their Buffalo, Morgan, Walking Liberty ,and Sunshine Eagle are the best quality Rounds you can find. Went to a local coin shop and asked for them, the guy said rounds are rounds. NOT. They also provide silver blanks to the US Mint. I buy them when they are on sale at any quantity pricing.
@@silverlion5384 I noticed that Sunshine Rounds don't linger at coin shops for very long. They seem to be the first rounds people pickup. I often find one or two in a whole tray of rounds at my shop and buy them without hesitation. :)
@@silverlion5384 rounds are rounds to a coin dealer that's buying. Silver is silver and they are going to pay around spot price. High silver or gold prices: premiums go away and rounds are rounds, so no point in paying high premiums.
On the topic of 1 ounce silver rounds, I’d be curious to know the answer between some thing ad generic as junk bin (like birthday rounds) or buffalo rounds or Ingelhart rounds or other attractive, generic rounds
Thank you again for such an awesome video! I always look forward to your videos because they are very informative...well presented...and very realistic! God bless!
Or that the hunt brothers did a very good job.For the silverprice to reach those levels again i think you would need an increase in monetary and industrial at the same time.a double whammy.a golden cross wont do the trick 😁
Greg, lol, AI actually knows about God, some channels asked Al about end times and it actually spoke about the Messiah returning, war and the new world. Exactly as the Bible states. It was interesting and scary at the same time.
Rome is our evil beast of the mark of the beast that will legislate worship and end up dead like many religio-political system government employees before them Daniel in the lions den did government legislate worship, yup did so, did Daniel die in the lions den nope, did the government die in the lions den, yup cat food government Daniel wouldn't worship the god king Darius Shadrach, Meshach, and Abednego, did they die in a firey furnace, nope did government employees die in a firey furnace yup did so, ashes government They wouldn't worship a idol god in the form of a Nebuchadnezzar the king even if government gives a death decree to those that won't worship by their laws Mordecai and Hamen did the government die, yup did so Mordecai didn't worship Hamen as a god then got a death decree of him and all his blood line yet hamen and all his family were stuck like Shish kebabs on posts, vulture food government Now for the story that is parrallelling in our time Did Moses or Pharoah die when Pharoah allowed no day of rest for the Hebrews, Pharoah died and most his government in a sea God tends to kill the ones legislating worship via miracle so who is a man standing in the place of God and legeslates zues sun worship, and lives on a city with 7 hills and wears the sungod dagons fish head hat, shockingly its the pontiff that pontificates the pope Quebec just legislated worship during the ovid without a c scare, store owners must rest on the day of the sun god, now how history unfolds would you join the Quebec government?
I did a calculation a while back based on gold and predicted rise and I think the number was $500 an ounce for silver. That's if there was no manipulation, but there is continuous manipulation of silver.
Just like manipulation of coin dealers when you want to sell. I can clearly see the people we are buying from now when we want to sell in spot goes up to see 150 announce them saying well all I can give you is 50 an ounce. So at that point if they all stick together and say 50 for any ounces coming in. We will all be screwed and again they will be making the money when they sell it to whomever after giving us $50 an ounce.
And yet silver today is a lot rarer than it was back then, with only 4 billion ounces above ground nowadays. Perhaps AI haven't taken that into account. So $200-250 seems more fairer.
thanks for this video BG, i wonder why AI #1 is programed NOT to predict future commodities. it makes you wonder if there are people who have ability to get this info rather easily and can take advantage. we are always 7 steps behind.
They've been trying to come up with a magic formula since the first markets came into being. I think there have been a few books and programs sold over the years claiming to be a sure thing! In fact, I see bots all the time in the PM comment sections claiming to have the magic sauce--
There are certainly AI trading models that loosely taking advantage of this now based on technical indicators. They are high volume trading systems intended to beat the average investor.
$160 silver could easily be reached between 2024-2028 but I can also see it reaching $200-$400 by 2032. This would give us about a $7,000-$10,000 price of Gold which is a reasonable ratio between the two precious metals.
Why do people care so much about the value of the dollar? Value if silver stays pretty much the same, the dollar will continue to drop until it reaches zero
@@dregga7638 It’s obvious silver and gold have been used as currency for thousands of years 🤷♂️ paper has not. Glad I could teach you something, you bot
Interesting video for sure. I also disagree with the AI listing Proof Coins as one of those things to invest/stack. However, overall the responses are what one would expect if the AI is truly able to draw from information available and make realistic recommendations/predictions. The $160.00 price point is interesting as well. If for example reality was that it would be $80.00 per once, that in and of itself is encouraging for stackers and investors alike.
You have to join my Patreon - you get access to that tool, other tools, as well as bonus videos, and additional reports. This is the link: www.patreon.com/posts/2023-metals-for-76668741
Its odd the ai never mentioned casting grain as one of the best. The premium is very low and it has little demand outside jewelry making it a great asset to hold
Limited resale market. Most people won't buy shot or bars, rounds from unknown makers. When you do find a buyer expect 10% below spot, usually a refinery are the the only ones that will touch it, and they stiol don't want it in shot form so now you have to melt it and pour bars, that costs money. It really is one of the worst options unless you are well known and have a reputation. I refine sterling as a hobby so I have some experience moving home pours.
im looking for some advise i have just stared stacking silver i have around 60 1 oz coins and 19 1 oz bars but i also have been buying 925 stirling silver ingots .tankards, heavy chains ext is this a bad idea should i dump it and stick to coins
Not only is silver used in Solar Panels (0.6 troy ounces each panel) but silver is used in silver epoxy a highly conductive adhesive/sealant. Can you do a video on industrial applications of silver and/or silver products other than bullion, jewelry, flatware. Where is the silver going to be used up and taken out of the supply for bullion , jewelry, flatware.
Hellooooo... it's because the rulers of finance stamp it down with the paper market. Lol they can make infinite paper silver contracts at the expense of anyone holding physical as long as the game of musical chairs keeps going. The game of musical chairs is about to end and we will see gold and silver reach their true values once rhe fiat currency song is ending.
Hey BG, interesting video. I have a question for you. In a SHTF scenario, do you think the value of gold could go high enough to pay off fixed rate debt, ex. my mortgage? I could just sell some gold in scenario and pay off many bills. Curious to hear your thoughts on the matter. Thanks and have a great day!!!😁
I've been researching the same thing. Have any of you heard about the guy who bought gold through eBay over the years. When his wife became ill and needed an operation he decided to cash in his gold and learned that nearly all of it was fake. So be careful out there... I've even heard of gold bars that had been hollowed out and filled with similarly heavy low-value metal.
I bought a bunch of silver and gold from a company that was advertised on Facebook. Every bit of it was fake. I was blessed though because I paid for it by PayPal and they gave me my money back.
These are great questions, and great answers. There is one question that I just wanted to comment on. You stated that you personally do not think Proof Coins or Rare Coins are a good thing for Stacking. Stacking was not actually part of your question, "What are the 5 best physical silver products to own?" This was a great video, I enjoyed it.
@@baldguymoneyofficial definitely a learning curve and a thrill at times especially when starting out. Nearly impossible today. The fact premiums have been consistently high for the past 3 years encourages me that higher prices may be comming however the March is so slow at times I get skeptical that dealers are taking advantage with premiums. I am curious if dealers make the same profit in this high premium environment.
Time target would have been a good addition. I've watched the US National Debt Clock and usually it is listed in the thousands. Now, $0. Love to know what is happening with that.
I learn so much from your videos. Would you consider having a yearly discounted option for your Patreon? I'm a member of 2 other Patreons and they offer that for the longer commitment. 🙂
I will once it becomes available. Since my account is new, I can't offer that yet. What I can say is that I will do my best to make sure that anyone who signs up now gets their money's worth.
People are saying silver premiums are going down and there's not a silver shortage what do u think, if so does that mean the dollars getting stronger? And what about silver manipulation
Demand changes weekly. There's always unlimited silver available to buy. Wholesalers and dealers collude. Buy as close to spot as possible. With enough effort you can buy at the same price a dealer would... below spot lol
That's something many people say because they expect immediate results - you have to kind of lump it into decades. That's really where you see reaction. It's frustrating, I know - but it's the truth.
Oddball question. A lot of people use the slide test with a magnet to test silver and neodymium magnets are recommended. I want to buy one but I don't know how big or how powerful. Is it better to buy a big magnet and slide the coin off of it or a small one that's simply applied to the coin's surface? Should it have a non abrasive coating like a hard plastic? There are some offered with rubber coatings but I think the friction caused by it could mar the results. Thanks in advance for your attention.
I appreciate that you take time to answer questions. I just bought some 2023 Britannia from JD Bullion for $27.87. I love the front , but not a fan of queens or kings on the back. If I could buy more obscure coins like the Somali Elephant for close to the same price as a Britannia, would the resale be similar?
My honest advice is to ignore the old geezers on the other side of the coin and get the Britannias. They are extremely recognizable and have fantastic safety features (meaning that people can easily check their authenticity). I was born in Canada and had the Queen on my money every day of my childhood - I have never been a fan of monarchy, but I never put that feeling ahead of my own wellbeing. Hope that helps! Wishing you all the best.
Everything you conveyed as to what the AI said is precisely the same thing I hear that every other well informed stacker has said. Though, it is comforting to hear it from some-thing that is smarter than all of us stackers combined...
Hello Mr. Hamdy - I have never had a problem selling silver, but some dealers have offered low prices vs. real value. I think this is because of the low nominal margins they get from selling silver. I hope that answered your question.
@@baldguymoneyofficial what if Americans can't exchange for BRICS currency because of ww3? What if BRICS sanctions us? This is likely. The pressure will make us accept the new government headed by CCP
I would think that the classic gold and silver coins of your country are ideal for stacking. The premiums are usually the lowest (similar as bars) so you will get the most amount of metal, they come in small units, which are easy to buy and sell, and everybody in your country is familiar with it. Also the risk of counterfit may be lower, as they are more easily checked for acuracy. Collectors with a variaty of coins in different years sometimes can do it tax free too, as it is a cultural collection of classic herritage coins.
Sure - but with the world being so “small” these days, I’d say there are a handful of sovereign bullion coins that you can stack without much liquidity risk.
Hi. That is supposed to mean 150 oz in bar form. For those who have seen the original ownership video - I explained it there. Maybe I should have clarified here too. Thanks for watching.
No AI was harmed in the production of this video.
Very interesting info!
Are you really a 1 ounce silver eagle?
@@mathiaskanuck6759 yes, i identify as an ase
As a long time coin collector and more recently a stacker. I like to do both. I've been collecting coins since I was 9 and I am now 70. Yes, collector coins require experience and education and took me years to finally understand what I was looking at as far as valuation, grade, etc. As a coin collector, it was relatively easy for me to become a stacker.
What kind of coins do you collect? I collect Ancient Roman coins.
@@baldguymoneyofficial As a child I collected U.S. coins but as I got older I went through several specialized phases. The most recent, which I have been collecting since 2009 is coins and tokens of the Soho Mint. Matthew Boulton was the first person to strike coins under power (steam) and as a student of the history of technology (and a former machinist) I found it intriguing.
Comment above for you !
@@baldguymoneyofficial anything thing that has silver in it
You know that your heirs will sell your collection for peanuts and piss away the money on frivolous junk..... I recently watched my daughters psychopath neighbor hire a giant portable dumpster and empty her elder parents lifelong home into that dumpster and didn’t care what the items were...just throw in the trash! They were 80 and going to a care facility....
In the 90's I worked an hourly job down the street from a coin shop. I started buying silver rounds and eagles every pay day just for fun and kept it up for the 20 years I worked there. It would have taken 2 rounds to fill my van up with gas just as it does today. I still have that old van and all the silver I bought over the years. At 77 years old I have everything I will ever need in life so My 4 kids can split it when I'm gone. I'm sure they will pass it on too because they planned ahead and are set too. Funny how things work out.
if the dollar gets hyperinflated we could easily see 100 Trillion dollar silver lol 🔥🐉
Haha! Yeah, me thinks you've been watching too much Silver Slayer.
nice stacking
Right. Haha. Silver stackers are stupid...
@@thomas000187 we see youre great investment ideas?
🤑 silver dragons is like 🤑
This video is very well done. Your ideas are well thought out and relayed in a nice structured unbiassed manner. Well done. I am a coin dealer and found this video very informative.
Wow - thank you. Wishing you all the best in your business.
I second that
Awesome video as usual. As far as AI $160 silver max price, a good follow up question might be. What would keep silver from appreciating above $160?
I think you know
@@Imuckinggay..What??.Manipulation...😆
Also, 'Is that in USD or what?'
It is a bit presumptuous for it to give a figure and have the asker assume the currency it is in. To be fair, it IS usually in USD, but I am only concerned what it is valued at in local currency, since that is where I buy or sell it.
Nothing,soon as the manipulation is being removed as we WW move to a gold, commodity, precious metals back currancy under a quantum financial system. The US debt clock as of 01/27/23 has depegged the fiat currancy from gold, silver and oil.
Thought the same. See my comment about how silver could reach $600 an ounce.
‘AI’ as represented by apps like ChatGPT in this generation is nothing more than an amalgamation of current facts and opinions sorted by an algorithm written by a person, and the answers you get reflects the rules of that particular algorithm. All in all very entertaining but no more “artificial” than the app developer’s biases, and “intelligent” as what it’s been fed. Best “AI” is no AI but reliance on educating oneself and applying critical thinking to facts and data, and taking all opinions with a certain “grain of salt.”
True. I can’t argue with that.
Agreed & A.I. Can not do a proper appreciation of tail risk..
Because it is uncommon & infrequent....
Agreed
On the nail as we concluded
WELL SAID THANK YOU! There’s nothing we know of as powerful as the human brain and we only have 10% usage lol imagine what we could do if our creator thought we were responsible enough to have use of the whole damn thing lol I’m a retired defense engineer/scientist of sorts lol once I reached the peak of my education I came to a crossroads that all intelligent people come to one road is arrogance the other enlightenment I took enlightenment and realized we know nothing ….. except how to manipulate the atom
Considering Silver's all time high of $49+ in the late 70's equals almost $165 (adjusted for inflation), $160 is not unreasonable. Improbable but not unreasonable.
It's not really improbable that silver will greatly surpass $200, imo. In the 70s, only the US citizens had silver for the most part since majority of other countries made precious metals illegal and their citizens were much poorer than today. We now have over 6 billion people on earth, with a lot more purchasing power than people in the 70s, and their governments are now encouraging them to hoard metals.
You have to also realize that today vs the early 80’s we have
55x more currency (paper bs)
56x more millionaires
200x more billionaires
220x more available consumercredit
49x Size of global stock market
39x assets under management
Let's not forget the increased industrial purposes in electronics like solar panels for example.
@@angry-white-menyes and wen bought at$ 18.45 three years ago good gain.. Gods $$$
@@angry-white-menwasn’t aware other countries banned precious metals.. ever. WOW will research. Thank u
You are always keeping the content fresh and interesting Bald Guy. Great questions and AI’s responses were interesting yet predictable.
Buying silver or gold as an idea becomes much stronger if linked to savings generally. Acquiring small amounts of a tradable metal can be more fun than watching a bank balance grow and at the same time lose value, especially in times of high inflation.
Most advisors worth their salt will say, depending on age and circumstances, about 20% of a balanced portfolio should be Cash/Equivalent. Without getting into specialized knowledge, precious metals are often treated as a subset of that Cash/E. Holding cash for any material length of time is a losing position for an individual as the bank is making money off of you while providing, most often, less than the rate of inflation as "interest"
Same with me I just have too much money in the bank saving up I just watching it buying nothing so I decided decided just to start buying silver
Gold and silver serves three basic functions. By definition, it is a medium of exchange (due to its intrinsic properties), a unit of account and as a store of value.
Also industrial use.
Lol. Das ist just the scientific definition of money. If you consider silver money, then it should fullfill those. But precious metals are different from FIAT currency. You can eat from silver plates and make silver stakes to hunt werewolves (:
@@DevineAbyssalso use one billion ounces a year I electronic, solar panels etc, only nine hundred million will be mined this year so even if industrial was the only use and it wasn't money the price still goes up
Thank you for sharing the video about ChatGPT's features, capabilities, general operation, and constraints. I wonder why AI #1 is programed NOT to predict future commodities tho. This goes to show the essence of a professionals advice or opinion. AI with the common sense........lol
I think the creators don't want people to sue them for missed predictions.
I have learned that this AI can be similar to a child trying to keep a secret. If you ask multiple questions giving ChatGPT a lot of information, it will usually finally give a reasonable answer.
A huge part of my pt growth came this bear market and from Gold. I've been able to scale from $18k to 57k passively following guides from Yvonne Annette Lively. It was a swing trade by the way. Still hold longer positions. It's more about knowing when to buy or sell.
Food, shelter, security, supplies... and then physical silver/gold for future wealth. Don't forget the first 4.
Don't forget clean water.
I prep as well and I would argue that gold/silver should be part of that prepping as well. I don't think it will happen because it is truly not in the best interest of the powers at be but if the banking system collapses, even a small amount of stacked silver and or gold will and could go a long way. So though I agree with your assessment of the first 4 first. I'd add a small amount of silver and gold stacked to prep. But yes, do those 1st 4 first before stacking for wealth and investment
I don’t stack collectibles either, however, agree with AI’s assessment that if the future is not all DOOM, the collectibles will have good value as they always have
AI forgot the most important reason #4: stack it because it's pretty and shiny.
Hehe! Definitely.
That's why I do it...pure Love 💫💖💫🥰
yes, robots are jealous of rounds' minty shine
Exactly! Thousand years ago that was its only purpose I'd think. Its my only purpose and investment obviously haha
I've always thought collectibles and antique silver/gold is a good inclusion. One, it diversifies your stack and two, if it makes it fun and more enjoyable to build your stack up then more power to you.
I agree, there is so much more to it then simply stacking for the cheapest weight possible.
Agree...
I would not put any details of my stack on a any electronic device especially put it in the cloud. Kind of defeats the purpose for me.
Buy the type of
silver that you like.
That makes the best
sense to me.
Silver is Money and our CONSTITUTION says you shall have nothing but Silver and Gold as coinage for money. 👍✌️
Have you commented on pre-1965 junk silver yet? If so, which video is it in? Thank you. Jim
Hi Jim. I did it in my last video where I ranked precious metals products.
Absolutely WONDERFUL video! well WELL done!!! Hope all is GREAT in your life. Thank you for the share and have a GREAT day! Peace from the land of OZ!!!
Just to give my own context regarding your fourth question on how high of a price silver can reasonably go I' liked the $160 answer. But I would qualify that I like it given today's market conditions including today's rate of inflation. When and if market conditions change ;and they likely will at some point; another answer should be appropriated
Thank you for the video and especially exposing your viewers to ChatGPT and it's capabilities and a general overview of how it works as well as it's limitations.
It won't allow what the elite considers mis info, and since the commodity market is all lies I wouldn't expect to to accurate predicting future prices.
AI …
(artificial intelligence) can only spit out whatever has been input by humans .
..obviously …. 🤗
Just watched this about a year after you posted it to see how relevant it still is. It is very relevant and a great summary of reasons for owning gold and silver. At this writing, GOLD is $2,750.69 USD up ▲ 13.17 in the past 24 hrs. and SILVER is $33.80USD up ▲ 0.04. The price is climbing steadily due to all of the uncertainty in the world right now. Just stacked another 1/4 oz. Maple and might go for another before the US election because I have a feeling it will continue to go up no matter what happens on election day. Thanks BG for your insightful videos.
I noticed the AI didn't include the price of premiums for selection of gold or silver types for stacking. It (or you) alluded to silver bars being less expensive and very true. If I understand the AI correctly, one could ask for the premiums of gold stackers and silver stackers.
As a coin collector since I was 10 years old (now 75), I've noticed the value of some "bullion" coins (Silver Eagles, Maple Leafs, British Sovereigns, et.) are a good crossover as some dates are very scarce and hold a lot more value than for mere spot prices. Back in 1996 I bought a few silver eagles and sent one in for grading to PCGS. It came back as MS70, the highest grade. I put it on eBay and there was ferocious bidding up until the last second. It sold for $5,600! That was my once in a lifetime purchase.
Very interesting video. I liked and subbed! Re stacking, a helpful vid might be one that offers suggestions for how to bug out of your house when you have two safes full of bullion and collector coins. Just theoretical, not me. Dump everything in duffel bags, roll-about luggage, etc? Cheers, Bob
Thanks for your for your thoughtful suggestion and for sharing your wealth of experience. Wishing you a fantastic day!
ChatGPT is an endless source of entertainment. It can also be surprisingly sensible which I think it was in your examples. Thanks!
What IS CHATGPT
@@snowyowl6892 an open AI platform. You can try it for free. Some programmers have asked it to write a rather complicated program and it was 80% accurate.
I'm starting to feel like ChatGPT is this generation's version of the Magic 8 ball.
It's also very moody, irrational, and biased , as it was written by leftists and libshits, in not convinced that chat gpt isn't just some 10 yr olds with Google in India, making 10cents per hr
What an interesting video! It's good to see that the AI agrees with my stacking practices and that I am meeting/exceeding minimum acquisition recommendations.
Glad it was helpful!
@@baldguymoneyofficial What about if you asked about crypto like what would bitcoin or eth be worth by 2030 have you tried that?
@@justanopinion7029 don’t ask it. Crypto will be dead by then. Not blockchain but crypto
well you're probably the first to do a video like this, well done, thank you
I thought so - but somebody mentioned that another UA-camr has done it. I don’t know who though.
@@baldguymoneyofficial Silver Dragons posted about 6 days ago. It is the one I was thinking of -- -- my comment disappeared.
I don't follow Silver Dragons, but thanks for the heads up. I haven't deleted any comments - strange.
Thanks for letting me know by the way. I appreciate it.
In bars and rounds I only buy Sunshine Minting products. I can quickly check that they are real silver by using the SI lens that shows the word "Valid" or at the 90 deg position a Sunburst symbol. This is a great insurance policy.
I agree with your analysis on Sunshine minting and the security feature. Their Buffalo, Morgan, Walking Liberty ,and Sunshine Eagle are the best quality Rounds you can find. Went to a local coin shop and asked for them, the guy said rounds are rounds. NOT. They also provide silver blanks to the US Mint. I buy them when they are on sale at any quantity pricing.
@@silverlion5384 I noticed that Sunshine Rounds don't linger at coin shops for very long. They seem to be the first rounds people pickup. I often find one or two in a whole tray of rounds at my shop and buy them without hesitation. :)
@@silverlion5384 rounds are rounds to a coin dealer that's buying. Silver is silver and they are going to pay around spot price. High silver or gold prices: premiums go away and rounds are rounds, so no point in paying high premiums.
Excellent report 👍👍👍👍👍👍👍
it's fun how warnings to avoid individual sellers contributes to liquidity risk
Yeah. It’s absolutely silly. I suppose that’s based on stories of sellers being robbed.
On the topic of 1 ounce silver rounds, I’d be curious to know the answer between some thing ad generic as junk bin (like birthday rounds) or buffalo rounds or Ingelhart rounds or other attractive, generic rounds
Thank you again for such an awesome video! I always look forward to your videos because they are very informative...well presented...and very realistic! God bless!
Cheers!
The $160 price is the 1980 high priced for inflation in todays dollars! 😅
That is why i find so strange that people always use 50$ as the all time high
What does that mean?
@@bonnieupton4114 $50 dollars in 1980 is the same as $160 today in purchasing power with inflation.
Interesting how it came to that conclusion.
Or that the hunt brothers did a very good job.For the silverprice to reach those levels again i think you would need an increase in monetary and industrial at the same time.a double whammy.a golden cross wont do the trick 😁
Does the AI know that Silver and Gold are GOD’s money? Does the AI even know who GOD is ?
Greg, lol, AI actually knows about God, some channels asked Al about end times and it actually spoke about the Messiah returning, war and the new world. Exactly as the Bible states. It was interesting and scary at the same time.
I’m not sure this AI is friends with Robert Kiyosaki. I’ll have to look into it.
What God? There are many gods. What's your gods name?
@@itiiyt negative ghost rider, there is one God, and He is the creator of this realm. All the rest is just confusion.
Rome is our evil beast of the mark of the beast that will legislate worship and end up dead like many religio-political system government employees before them
Daniel in the lions den did government legislate worship, yup did so, did Daniel die in the lions den nope, did the government die in the lions den, yup cat food government
Daniel wouldn't worship the god king Darius
Shadrach, Meshach, and Abednego, did they die in a firey furnace, nope did government employees die in a firey furnace yup did so, ashes government
They wouldn't worship a idol god in the form of a Nebuchadnezzar the king even if government gives a death decree to those that won't worship by their laws
Mordecai and Hamen did the government die, yup did so
Mordecai didn't worship Hamen as a god then got a death decree of him and all his blood line yet hamen and all his family were stuck like Shish kebabs on posts, vulture food government
Now for the story that is parrallelling in our time
Did Moses or Pharoah die when Pharoah allowed no day of rest for the Hebrews, Pharoah died and most his government in a sea
God tends to kill the ones legislating worship via miracle so who is a man standing in the place of God and legeslates zues sun worship, and lives on a city with 7 hills and wears the sungod dagons fish head hat, shockingly its the pontiff that pontificates the pope
Quebec just legislated worship during the ovid without a c scare, store owners must rest on the day of the sun god, now how history unfolds would you join the Quebec government?
Excellent point !! Can you revisit and, according to its information, ask AI when it sees the events happening that would result in $160.
I did a calculation a while back based on gold and predicted rise and I think the number was $500 an ounce for silver. That's if there was no manipulation, but there is continuous manipulation of silver.
Just like manipulation of coin dealers when you want to sell. I can clearly see the people we are buying from now when we want to sell in spot goes up to see 150 announce them saying well all I can give you is 50 an ounce. So at that point if they all stick together and say 50 for any ounces coming in. We will all be screwed and again they will be making the money when they sell it to whomever after giving us $50 an ounce.
And yet silver today is a lot rarer than it was back then, with only 4 billion ounces above ground nowadays. Perhaps AI haven't taken that into account. So $200-250 seems more fairer.
thanks for this video BG, i wonder why AI #1 is programed NOT to predict future commodities. it makes you wonder if there are people who have ability to get this info rather easily and can take advantage. we are always 7 steps behind.
They've been trying to come up with a magic formula since the first markets came into being. I think there have been a few books and programs sold over the years claiming to be a sure thing! In fact, I see bots all the time in the PM comment sections claiming to have the magic sauce--
The end is coming. We just don't know when that will be.
There are certainly AI trading models that loosely taking advantage of this now based on technical indicators. They are high volume trading systems intended to beat the average investor.
Thanks for the update
I feel like I'm going to reach the target
Love the chat box information
$160 silver could easily be reached between 2024-2028 but I can also see it reaching $200-$400 by 2032. This would give us about a $7,000-$10,000 price of Gold which is a reasonable ratio between the two precious metals.
Would be great.
Why do people care so much about the value of the dollar? Value if silver stays pretty much the same, the dollar will continue to drop until it reaches zero
My thought EXACTLY! With GLD=$8000...gives the average ratio of 50!
@@billsalcido7878 because you can't buy much eith silver and gold, it's obvious isn't it?
@@dregga7638 It’s obvious silver and gold have been used as currency for thousands of years 🤷♂️ paper has not. Glad I could teach you something, you bot
Silver and Gold going skyrocket 🚀🚀💯👍
How on Earth does this AI have common sense better than so many humans. It is amazing
Great question and awesome profile pic!
The ai has simply collected the "common sense" that's found online from the discussions and observations by humans. I'm not impressed.
It doesn't it reading a script really
I live in Europe and my stack was purchased in Euros. Can your excel spreadsheet change currencies?
I can add that functionality if that's something you want. Please let me know if you're considering joining. If so, I will make the update.
Not too farfetched because silver once reached 50 dollars in 1980, adjusted to inflation that's about 177.58 per troy ounce.
It reached 50$ about 10 years ago to. I kick myself in the butt for not selling
Finally .... someone bold enough to put a number on it stackers can measure against: 5oz gold and 200oz silver. Solid guidelines
Somone bald enough?
@@vincentsubmarinismo774 did it read 'bald' to you?
@@vincentsubmarinismo774 did you mean somone or someone??
Interesting video for sure. I also disagree with the AI listing Proof Coins as one of those things to invest/stack. However, overall the responses are what one would expect if the AI is truly able to draw from information available and make realistic recommendations/predictions. The $160.00 price point is interesting as well. If for example reality was that it would be $80.00 per once, that in and of itself is encouraging for stackers and investors alike.
Oh you just watch and see!!! Silver eagles theres some rare ones that are good to have!! Watch!
Hiw do we get the spreadsheet tyhat automatically updates you talked about in this video?
You have to join my Patreon - you get access to that tool, other tools, as well as bonus videos, and additional reports. This is the link: www.patreon.com/posts/2023-metals-for-76668741
Its odd the ai never mentioned casting grain as one of the best. The premium is very low and it has little demand outside jewelry making it a great asset to hold
Limited resale market. Most people won't buy shot or bars, rounds from unknown makers. When you do find a buyer expect 10% below spot, usually a refinery are the the only ones that will touch it, and they stiol don't want it in shot form so now you have to melt it and pour bars, that costs money. It really is one of the worst options unless you are well known and have a reputation. I refine sterling as a hobby so I have some experience moving home pours.
im looking for some advise i have just stared stacking silver i have around 60 1 oz coins and 19 1 oz bars but i also have been buying 925 stirling silver ingots .tankards, heavy chains ext is this a bad idea should i dump it and stick to coins
stick to .999 silver, 50% coins and 50% on bars, need 5oz, 10oz bars to reduce premium.
😮
I have to give a 👍 just for the channel name.
Thanks.
Not only is silver used in Solar Panels (0.6 troy ounces each panel) but silver is used in silver epoxy a highly conductive adhesive/sealant. Can you do a video on industrial applications of silver and/or silver products other than bullion, jewelry, flatware. Where is the silver going to be used up and taken out of the supply for bullion , jewelry, flatware.
Human intelligence went into making this video, good job bald guy.
Thank you!
Silver rounds might be cheaper at times, but good luck trying to resale them vs a minted coin with security features!!
Not even Chat GPT can figure how the suppression of silver value has gone on so long.
Hellooooo... it's because the rulers of finance stamp it down with the paper market. Lol they can make infinite paper silver contracts at the expense of anyone holding physical as long as the game of musical chairs keeps going.
The game of musical chairs is about to end and we will see gold and silver reach their true values once rhe fiat currency song is ending.
😂
ask JP Morgan
Hey BG, interesting video. I have a question for you. In a SHTF scenario, do you think the value of gold could go high enough to pay off fixed rate debt, ex. my mortgage? I could just sell some gold in scenario and pay off many bills. Curious to hear your thoughts on the matter. Thanks and have a great day!!!😁
I just released this video, maybe it will help: ua-cam.com/video/8mw4qX7FCzw/v-deo.html
I've been researching the same thing. Have any of you heard about the guy who bought gold through eBay over the years. When his wife became ill and needed an operation he decided to cash in his gold and learned that nearly all of it was fake. So be careful out there... I've even heard of gold bars that had been hollowed out and filled with similarly heavy low-value metal.
I talked about this on my Patreon recently.
I bought a bunch of silver and gold from a company that was advertised on Facebook. Every bit of it was fake. I was blessed though because I paid for it by PayPal and they gave me my money back.
So what was the free backup AI chat app on the App Store ?
It’s somewhere in the comments. I can’t remember it now. Sorry.
AI makes a lot of sense but doesn’t take into account corruption and banks controlling prices of metals artificially 🤨😱
These are great questions, and great answers.
There is one question that I just wanted to comment on. You stated that you personally do not think Proof Coins or Rare Coins are a good thing for Stacking.
Stacking was not actually part of your question, "What are the 5 best physical silver products to own?"
This was a great video, I enjoyed it.
I have a series that I am developing to answer that question. Please take a look: ua-cam.com/video/Kd0OxRPFncM/v-deo.html
Gold and platinum next
Buying privately 1 on 1 is the only way to get dealer pricing. If the LCS can get below spot. Why can't we? That's the true cost of silver.
Good point - but it is risky sometimes.
@@baldguymoneyofficial definitely a learning curve and a thrill at times especially when starting out. Nearly impossible today. The fact premiums have been consistently high for the past 3 years encourages me that higher prices may be comming however the March is so slow at times I get skeptical that dealers are taking advantage with premiums. I am curious if dealers make the same profit in this high premium environment.
Buying privately 1 on 1 increases the risk of buying fake silver.
Ty you answered many questions i had trying to put it all together ❤️ i appreciate all your insight and suggestions..
Time target would have been a good addition. I've watched the US National Debt Clock and usually it is listed in the thousands. Now, $0. Love to know what is happening with that.
I don’t know much about how the website pulls data. I suspect it’s a glitch.
My best guess, the site figured out the Petrodollar is dead, before the humans.
@@Su-Jo Now that's the best explanation I've heard! Thank you!
@@Mike-ve8gt You may be right.
@@db5202nesara?
I learn so much from your videos. Would you consider having a yearly discounted option for your Patreon? I'm a member of 2 other Patreons and they offer that for the longer commitment. 🙂
I will once it becomes available. Since my account is new, I can't offer that yet. What I can say is that I will do my best to make sure that anyone who signs up now gets their money's worth.
People are saying silver premiums are going down and there's not a silver shortage what do u think, if so does that mean the dollars getting stronger? And what about silver manipulation
Demand changes weekly. There's always unlimited silver available to buy. Wholesalers and dealers collude. Buy as close to spot as possible. With enough effort you can buy at the same price a dealer would... below spot lol
@@nicolasgilbert8850 Kool thanks
The dollar is on the downward march - this in itself is pushing price of metals up.
Just discovered your channel. Great subjects and content. I subscribed and have been binge watching.
Hi Bob. Thank you and welcome.
$40/ounce 2026
What did it say about Gold
Here you go: ua-cam.com/video/JVM9T9_tsY8/v-deo.html
Ai is just a fancy wheel.
Maybe.
How can it protect your wealth if inflation is going higher but the price of silver and gold have pretty much remained the same since 2020?
That's something many people say because they expect immediate results - you have to kind of lump it into decades. That's really where you see reaction. It's frustrating, I know - but it's the truth.
Weird how the AI didn't recommend any products from the Perth mint, who have seen record sales this year.
You did an excellent job in this post! Well explained and to the point!
Thanks Don!
AI doesn't "think" anything. It sorts through a tremendous amount of human-generated and other data and summarizes it according to its neural network.
Oddball question. A lot of people use the slide test with a magnet to test silver and neodymium magnets are recommended. I want to buy one but I don't know how big or how powerful. Is it better to buy a big magnet and slide the coin off of it or a small one that's simply applied to the coin's surface? Should it have a non abrasive coating like a hard plastic? There are some offered with rubber coatings but I think the friction caused by it could mar the results. Thanks in advance for your attention.
Here is a cool video from another UA-camr that I think will give you a great idea of how to do it: ua-cam.com/video/pvsSEkb87YY/v-deo.html
Thanks for the video recommendation. It is a great project. But, I think I will also buy a small handheld magnet too, to take to coin shows.
I do that by the way - it's the best "first check" you can do - is this thing magnetic? You're spot on!
A.I. is like a parrot it only repeats everything we already know.
Maybe that's what it looks like today - but it is in its infancy.
True...but this parrot 🦜 never forgets and can manipulate you with words.
I just asked chatgpt a question of the price of silver and gold and it said it wasn't able to predict and see a financial advisor.
chatgpt told me to sell my wife , my house and my dog to buy silver
Hahahaha! Don't do it! Dogs are man's best friend.
🤣🤣🤣🤣
Question what is the name of backup chat bot you use
PocketAI Chat
Do you know what is the price on a gold buffalo coin is
About $2160
I appreciate that you take time to answer questions. I just bought some 2023 Britannia from JD Bullion for $27.87. I love the front , but not a fan of queens or kings on the back. If I could buy more obscure coins like the Somali Elephant for close to the same price as a Britannia, would the resale be similar?
My honest advice is to ignore the old geezers on the other side of the coin and get the Britannias. They are extremely recognizable and have fantastic safety features (meaning that people can easily check their authenticity). I was born in Canada and had the Queen on my money every day of my childhood - I have never been a fan of monarchy, but I never put that feeling ahead of my own wellbeing. Hope that helps! Wishing you all the best.
Thanks…much appreciated!!
That old Lady is German not English if that helps, still royalty though... Saxe-Coburg-Gotha became 'The House of Windsor'
They are $23 now 😂
Buying opportunity soon, we'll see what the Fed does.
What was the name of AI Chat it from the Apple Store?
I honestly don’t remember as I deleted it. I searched for chatgpt and it was the first result.
HAHA - i made a quite ident excell tab for my personal use to track and get en overview of my stacks :D ... luv it!
What about AI on Junk silver? Seems to be not directly covered.
Great question for a follow up.
Very interesting. I am concerned about confidentiality of your metals records keeper in Patreon.
It’s a private tracker for you to keep on your computer. Nobody sees it but you.
Thanks 👍😊 very much for explaining so briefly, giving an insight on how market prices can be for silver and gold
I got mine from Lear Capitol & they have the Queen on them. Are those safe ?
Sounds like they’re on the level - just be careful about the prices that places like Lear charge.
What is the Apple ai chat? It is not linked
I mentioned it in the comments somewhere. I don’t remember off the top of my head.
Everything you conveyed as to what the AI said is precisely the same thing I hear that every other well informed stacker has said. Though, it is comforting to hear it from some-thing that is smarter than all of us stackers combined...
It is certainly an aggregate of common opinions.
Hope you answer that question
Why silver has liquidity issues despite gold hasn't?
Throughout cash problems sure
Hello Mr. Hamdy - I have never had a problem selling silver, but some dealers have offered low prices vs. real value. I think this is because of the low nominal margins they get from selling silver. I hope that answered your question.
What is the value of it in the new currency
Ooooh. Good question.
@@baldguymoneyofficial what if Americans can't exchange for BRICS currency because of ww3? What if BRICS sanctions us? This is likely. The pressure will make us accept the new government headed by CCP
I would think that the classic gold and silver coins of your country are ideal for stacking. The premiums are usually the lowest (similar as bars) so you will get the most amount of metal, they come in small units, which are easy to buy and sell, and everybody in your country is familiar with it.
Also the risk of counterfit may be lower, as they are more easily checked for acuracy.
Collectors with a variaty of coins in different years sometimes can do it tax free too, as it is a cultural collection of classic herritage coins.
Sure - but with the world being so “small” these days, I’d say there are a handful of sovereign bullion coins that you can stack without much liquidity risk.
I have the same question as I do with all silver predictions
Can we get to 30 first?
Great comment! I agree.
I enjoyed this video. Thank you for the delivery :)
Glad you enjoyed it!
I'm confused. You say I should own 200 oz of silver. But the picture at 13:16 shows 4,872.5 oz of silver. One kilo is 32.15 oz. Please clarify.
Hi. That is supposed to mean 150 oz in bar form. For those who have seen the original ownership video - I explained it there. Maybe I should have clarified here too. Thanks for watching.
Ask it if ftx is a good investment?
Hehe. Do I have to?
Winner, great video, thank you for your great job.
Thanks for watching!
Great video. Learned a lot!
Nice presentation !
Glad you liked it!
This man is smart. I searched, "why should i not invest in silver. 😂😂😂this is the closest i got to that answer.
What's the timeliness for this? 200 years or 2 years?
Hi - I mentioned in the video that it did not give a precise timeline.
Excellent content BGM -- you essentially read my mind and went forth with high quality questions for the AI. Cheers.