Join the Bald Guy Money Patreon Community for great additional content: patreon.com/user?u=85209064 LINKS TO MY FREE EDUCATIONAL ARTICLES www.summitmetals.com/blogs/bald-guy-money-articles
Some stackers have started collecting copper as well. With the price of silver being over $100 they might actually find a use case for bartering with the copper on items valued at $5 or less. Now I am not suggesting anyone should go out and buy thousands of dollars worth of copper, nobody wants to walk around with a wallet full of $1 bills and they sure aren't going to go anywhere in a hurry with that much copper to move.
The problem is that the real gold and silver values are not known because the prices are controlled by futures trading. Since all fiat currencies go to zero over time, so will the dollar so pricing in dollars is not valid. When the true free market values for gold and silver are known from real free trading then the amounts may be much less than you imagine especially for silver.
It won't be 2033 and it won't be 25%. A ponzi scheme works by bringing more people in right. Well, 1. the US population is declining. Even if the immigrants come. The population is still going down. 2. Smart people of each generation are quitting. They are going off grid. You only need 1/4acre to grow your own food well. What if you boug ht 5-10 acres. You could have a small farm. As the peak boomers retire their kids went off to college and didn't come back or found some other job somewhere. They don't want to take over the small family farm. As the CDC told people in 2020 you are non essential and not to work. Many took that as a f-- off I'm not coming back. There's more waves coming and it's going to happen over the next 20 yrs. Homesteading you don't pay into the SSI system.
i think now is the best time to invest in sliver in other to make good profit from it . but hope it stays long upwards , still need more help on guidelines to know how the sliver market will turn out .
I simply can't believe how many people are willing to tell the entire Globe how many ounces of gold and silver they have. First rule of stacking. Don't tell anybody how big your stack is.
@@Bobbydazzlla you are truly an idiot. Wisdom escapes you. I'm talking about a general rule of intelligence. Let me ask you a question since you are so stupid. What advantage is there in telling people what you have? Answer that.
@@cabracove And your all assuming we're all in the USA (because everything is only in the USA) and wear foil hats like you guys all do - solid. Loosen up pal
We did not pay off our mortgage before retirement but had sufficient cash flow to handle the expense. Once our investment accounts were delivering less by percentage than the investment accounts, we paid off the last $35k on the house in cash. That was a liberating experience and one I very much recommend but it also depends on your other assets and how they are doing.
100% I'm on track to paying off my primary mortgage by my retirement age, and have other plans to supplement my income, to include prec. metals investments, traditional IRAs, and other assets. With all that, we should be set. We actually plan to lease out our home and live abroad in SE Asia. I believe people that retire need to have multiple avenues of income to survive in the future.
Wrong. The interest rate on a mortgage loan is the lowest you will probably ever get. If you have a 3 to 5% interest rate on your loan, why pay it off ? If you have enough to pay off yoir mortgage dont do it, instead Invest the money on crypto, stocks or even gold.
Really enjoyed this presentation and it’s content! You truly are helping so many with your channel and your experience! Congratulations on reaching above 50,000!!! Wishing you all the best!
I'm at 70oz gold and 2200oz silver, zero debt and still stacking. Thank God i got most of them gold oz at or below $500. 🎉😊 Thanks, BG. I love the G&S breakdown charts.
Hey BG, nobody lays it out like you do brother. You have a lot of fans and they’re even talking about you (all good stuff) in comment threads on other channels. We appreciate you! ❤👍💯
True! I promote you as much as possible on any vid that talks about prepping, inflation or any other way I can get a plug in for you. Your info is AMAZING and has helped me to see I'm on the right track--now with even better goals!
I bought 12 gold ounces when I had funds available, at a time when each one was one monthly house payment--I thought of it as a year of house payments. As time went on, I refinanced, moved, and more, and my 12 ounces still covered a higher payment. Then, I sold the house and moved, and it was equal to that monthly payment, and now each one covers one-half of my property tax payment, giving me six years of property tax coverage (I am in a reverse mortgage, so not paying monthly - will pay when I die). The reverse gave me the optionality to get more metals.
I have 40 ozs. of Gold & 1,885 ozs. of Silver right now. I'm 67, collecting $2,078 Social Security, and I'm working full time saving $3,200 (after taxes) every month
I’m 68 and working because I want to and don’t have 2. A man should be a good example to young men and have purpose!!$$!! Warren Buffets highest earning years were after ???? 56!!! He love travel, making money and having fun now and it kept Charlie in the life to 99 Smart man covers all the corners
Junk silver is still available - $1.40 equals one ounce - My nephew is now beginning to collect some without breaking the bank. Soon Stacking Silver will be the talk of the century just like digital tokens today but tokens aren't real Real money like gold and silver is not an issue around the world for its utility and value.👀
I wouldn't retire on gold. I would just give it to my kids. Gold is used to store wealth. Don't spend it. Retire on real estate and equities to generate income. Then, use a portion of it to buy gold.
Silver is good to have for barter, but remember it will take about a pickup bed full of gold to equal the same value of gold that will fit in the glovebox
Hi Bald Guy, would love to see these numbers adjusted for not owning your own home, or an adjustment including for renting rather than owning o home. Really interested in the adjustment for comfortable retirement.
@@helenkessler6012 Thanks Genius boy. Did that. Wanted his take. This is all math so I guess you're saying his whole video was not needed. Did you think about the adjustments for inflation on real estate/rents. Is the assumption the same as his CPI calculations (that is what I did on my spreadsheets), but that is probably incorrect. Real estate is probably going in the opposite direction, and hence would not have the same 2 scenarios as the NPV gold prices that he presented assuming a 2x or a 3x CPI adjustment. I could go on with numerous other factors that could be considered, but what was your comment again, addition and then subtraction. OK buddy, great insight. I'm sure your analysis is quite profound.
THANK YOU Bald Guy👏👏👏👏 This would be one of your best yet and continuously getting better every podcast 👍 This one can be so useful for us to show our family and friends that simply just DON'T get it, the importance of having physical silver and gold in their own possession - thanks again 🍻
With the gold to silver ratio now at 82, it makes more sense to stack more silver than gold today. Once the price of silver increases, such that the gold to silver ratio normalizes closer to 40, at that point it would be wise to sell your silver & buy gold.
it would also alter the numbers on his charts, and if he's doing the maths based on current figures any increase in gold prices would alter his figures as well
Yes, the numbers we have today would indicate that would be the best way to go. But then, gold is a Basel III Tier 1 asset and silver is not. Central banks and sovereign wealth funds are buying gold, not silver, hand over fist. I like silver a lot and have a lot of it but at the same time, silver reminds me of people I've known who had great potential that was never actually realized. Could owning silver work the same way?
Another reason to stack fractional gold is if your thesis is that gold is rising, you actually can accumulate more gold on a monthly purchase vs. saving up over months or a year to buy 1oz worth.
@@HuFlungDung2 yes, but gold price this year has gone up so much that you end up spending about the same amount. I bought some ounces in January for $1885 an ounce. The price now is $800 more. If you spent an extra $50 per 1/10th ounce, you still are under $800.
@@HuFlungDung2 Gold in USD has gone up 37.74% in the last year, so to make it easy let's call it 36%. 36/12=3 So on average it has gone up 3% per month right? So let's say you start off with no money on 1st January and it takes you 3 months to save up for your first 1/4 ounce? And let's say for simplicity Spot is 2550, a 1/4oz costs 700, and 1oz costs 2653 (I chose these numbers because I'm in Europe and these are the current prices) So on 1st April you buy your first 1/4oz for 700 + 9% = 763 On 1st July you buy your second 1/4oz for 763+9% = 831 On 1st October buy your third 1/4oz for 831+9% = 906.52 On 31st December you buy your forth 1/4oz for 906.52+9% = 988.1 So you have your 1st ounce on Dec. 31st for 763+831+906.52+988.1 = 3488.62 You instead saved for a year and bought your 1oz coin for 2653+36% = 3608.08 So not only have you got four 1/4oz fractional gold coins which are easier to sell or trade but you've also saved yourself almost 200 (199.46) 😃
Your commentary is right on point as usual. There is an old saying, expect the unexpected. I believe once you have the lion's share of your stack in larger pieces, you should focus on the fractional pieces of precious metals. Its great to see you every Sunday!
I have been building reserves since the age of 40 and I am currently 62. I had seen this coming a long time ago. I have a little gold, and a good stack of silver. 10% of my pay , every pay period has gotten me 4500 ounces of silver to date. As you say, it is a marathon and not a sprint.
Sounds good. I'm in a similar position but have a good amount of gold and a large amount of silver. Also have a substantial 401k-->IRA rollover that has funded the past 20 years of my retirement and is larger today than it was when I retired. A good investment portfolio is about as close to a perpetual motion money-machine as there is, IMO. Life is good. 😀
And this is all it takes. This is the difference between having to scrape by on social security and being able to have a decent retirement with small luxuries. Thank you for sharing.
Excellent information! Started stacking and educating myself around 09. Over this period gold has perserved wealth...silver will be breath taking as we see financial system deteriorate. Look forward to your videos and the deals at summitmetals. Thx!
Excellent breakdown as always. I can't say for sure how many people are actively planning for their retirement but I have to think it's not nearly enough and those that do don't always save enough. This is going to be a major issue that keeps most folks from retiring when they want to and I expect will keep others from retiring entirely. I believe that most here will take this seriously enough even if others don't. As to barter I've never thought of that as likely but as you said there is a strong advantage to having some fractional pieces regardless. Thank you!
Outstanding seminar video. Great charts. TY for giving me the confidence that I have been doing the right thing at the right amounts. I am a very basic lifestyle retiree... by choice.
I bought a lot of platinum back in 2010 and still own some unfortunately. It’s worth 70% of what I paid then (nominal value). If I’d bought gold instead, I could have retired by now. Just about to ditch what remains at a loss.
Hey Bald Guy, how did you arrive at that name? Seriously though, jokes aside, enjoyed the video. I began stacking gold only just over five years ago when it was only $1,800+ When our youngest graduated college three years ago, I had more free cash for purchasing. Can't go wrong with gold! NEW SUB here from CA
In the future, if you only have for example a 1 ounce silver eagle for trade at your food store, you could make a small purchase with that eagle and any remaining balance in your favour could be put "on account" with your grocer to be used at a later time. That is assuming that there is still trade in fiat.
Really excellent and fascinating presentation! It’s given me a lot of food for thought and it’s unlike any other analysis I’ve seen from the PM community. Well done!
A lesson from Western NC, small change has more value that large bills. 1s 5s 10s rather than $100 dollar bills. Just remember, if you need a can of beans and all you have is a $20 bill, and no change is available, the can of beans is $20.
@@TheFoxisintheHouse Yes, NOW they are and that's no guarantee for the future (?) Mean time keep small denomination bills and a stock of silver coins IS excellent advice for an emergency.
Love the channel BGM. Always learn so much. I wonder about one assumption in your retirement illustration though. If you base the analysis on the average life expectancy won’t half of the people outlive their stack. Shouldn’t the life expectancy be based on two standard deviations above the average? Thanks!!!
It’s very likely. Maybe more like 20 to 30%. No calculation will be perfect for everyone but it’s a topic people need to think about considering the state of Social Security and national pension plans in other countries.
Another great video brother !! I stack fractional gold for the exact reasons you cited… I just think if gold goes real high, using an ounce or more to make purchases would be almost too much. To be able to use a tenth or quarter ounce makes more sense to me..
Print money and raise the amount given to social security ! Also no tax on it or no income tax if you keep working and rcieve benefits . Additionally no property tax after age 65 . I must include that it be not legal to take someones house if they incure health care or perminent care in a facility . So basically they can leave a house to a family member no matter what the bills are .
BGM... I deal with a Vancouver bullion dealer who sells maples and bars. However, his primary clients are jewelers. He will often exchange cut gold. The best price for the jeweler is not to buy a 15g coin, nope. The best price is to take 15g of cut gold off of a kg bar. If there is a point where gold is too pricey, cut-gold is an option. At that point, the stamp of a maple, eagle, or krug will be of little consequence (see Venezuela)
I'm in Canada. Question for clarity: In your chart that says basic retirement, you are saying you need both the gold number plus the silver number, not either or. Therefore, if I want to calculate how much silver I would need if I decide not to invest in gold (for various reasons I believe the silver ratio will continue to rise against gold, right or wrong) to make these numbers work, does it make sense to simply do the math to convert the value of the gold ounces into how many silver ounces I would need to purchase to make that number work? IE 4725 ounces of silver added to silver number on the right. Sorry if this is a convoluted question.
Hi B.G, just in case I missed something, would I be correct in presuming the retirement figures (in oz) refers to either/or, and not a combination of both PM's? Now, I can't recall if you did a previous video on how you would recommend 'splitting' or calculating the ratio of holding SLV & GLD, but is there a suggested ratio, or simply judge it based upon your own circumstances?
I have 85% gold and 15% platinum. I don't waste my time or resources on silver it has done nothing throughout history and I believe it will continue that way
How are you going to make a small purchase? Let’s assume $5,000/oz gold. How are you going to buy a tank of gas, or smaller purchase? I’m not going in public flashing $5,000 as my smallest change.
@@quarter-py4nr have you heard of fractional gold? Lots of 1/10 ozs and 50 and 100 gram combi bars (these bars break into 1 gram pieces). Also have a gold claim that pulls a few grams per day when worked. So I don't gamble with silver prefer a sure thing such as gold.... Also gold will go a lot higher than $5,000 /oz
@@fringeminority5676 that is a good strategy. You could always use the gold flakes for smaller purchases. Yes I believe gold is going much higher. My concern would be even a tenth ounce at $10,000/ oz would still be roughly $1,000. Grams would definitely be an asset. Gold flakes even better. In a collapse scenario, police probably won’t exist. I personally wouldn’t want to carry anything worth getting killed. The rules will change.
Hi, great content and i like to follow and stack from last year (In canada) Question : as you showed before buying at regular intervals as fractional or buying 1 oz at one time. Better was buying in regular intervals Any suggestions as per canadian gold and silver price which is better regular and fractional or whole 1 oz and buy every quater
Absolutely correct. Stacking for retirement is a journey that requires patience, persistence & permanence. The rest is time.. All comes together in the end. Thx bald guy!
Hi BG, very provocative topic, and very important for me as I approach retirement. How do your numbers change for a married couple? Certainly less than double.
I reached a 10% level (in precious metal) of invest-able assets early this year. It was mostly a matter of conversion to pm (silver and gold) that started about mid-year last year, so I'm not a long time serious stacker, though I've owned very modest levels of silver for thirty years. I was encouraged by channels such as Bald Guy Money (the first channel of its type that I found on youtube), though I should also say that I was also encouraged by the general feeling that there is something seriously wrong with our economy and world. For me, trust in what the government or conventional media says is at an all time low. For now, I'll have to remain at the 12 to13% level that I'm currently at, but hope top convert more wealth to pm in the future. I was fortunate to convert when I did because - as we all know - prices have shot up a lot since I converted. Many thanks to Bald Guy and the other knowledge sources that helped me in the process of wealth conversion.
good morning, thanks for the information, I also came to a similar conclusion about the performance of sp 500 -3% and saw the performance of gold and silver,I really liked the retirement program and the information in it,I have come to similar conclusions without specifying the quantities,you have helped me a lot in these logical conclusions,I'm far from my goals, but on the right track, thanks.
If we get to the point where we are using barter to meet our needs, the clipping of full oz's will become the norm. I always buy with the premiums in mind. Buying in larger sizes is usually more cost effective, where you get more oz's for your dollars. So before going for the smaller amounts of PM, with their higher premiums, consider what we've seen through out history when AU and Ag become currency again.
I just bought gold and silver today and it's a strong 15% and I'm 57 and retiring at 68 I taught for 27 years retired so I'm 57 I have time Plus property
I think that regular non-silver coins will also come into play as a form of ' fractional silver'. They merely become tokens. Normal coinage is not suffering radical counterfeiting. But their value has yet to be determined.
I started buying silver in 2017, but really stacking heavy in 2020. Buying every week, no matter the price. I am well over 1500 ounces of silver which is buried on my fathers farm. I am waiting for the gold/silver ratio to lower so I can make the switch then bury it again
It’s ok. Not my preferred method as I like to have physical. That said, doing both is something many people choose to do as to mitigate risks associated with storing metals by themselves.
Thanks, I think your numbers are reasonable. I doubt very much that I’ll see my B plan retirement or social security. I’m 55 so 2033 is just when I would start collecting 🙈
GTS ratio is meaningless if silver has higher premiums AND is taxed. However, it worked for me when i purchased my silver tax free from the EU and sold undercutting a taxed environment within the UK. I used the proceeds to buy tax free gold. My GTS ratio is now 3ag to 1au.
Whether I use them this way or not, I always think in terms of ounces and months when it comes to Silver and Gold. When thinking about my goals, I decided that on average, it would be prudent to have 150 Silver ounces per month upon which to retire, and because I don't think you should trust either metal entirely to do any single job, I thought having 2 ounces of Gold per month would prudent as well. Since I would technically have twice the amount of $ in precious metals that I would need to retire, I calculated for just 10 years of retirement, knowing that I really have 20. That's how I came up with 18,000 ounces of Silver and 240 ounces of Gold. I also thought having 1,524 of additional Junk Silver and 12 ounces of additional fractional Gold, as a reserve, would be a good idea. I don't know that I'll reach this level or not, but it's what I'm shooting for at the present time.
First time on here. I’ve got the 10% covered for the silver but I’m slowly working on gold. I started buying bullion 2 yrs ago. It’s been a tough grind so far.
The practicality of fractional is trending due to obvious signs of debasement of fiat. It all boils down to “who will buy your 1oz gold?” 50k subs almost upon us! Toga Party when we get there !
Join the Bald Guy Money Patreon Community for great additional content: patreon.com/user?u=85209064
LINKS TO MY FREE EDUCATIONAL ARTICLES
www.summitmetals.com/blogs/bald-guy-money-articles
This is the only channel I watch every week for the Precious metals aspect! Appreciate all yoi do!
Some stackers have started collecting copper as well. With the price of silver being over $100 they might actually find a use case for bartering with the copper on items valued at $5 or less. Now I am not suggesting anyone should go out and buy thousands of dollars worth of copper, nobody wants to walk around with a wallet full of $1 bills and they sure aren't going to go anywhere in a hurry with that much copper to move.
The problem is that the real gold and silver values are not known because the prices are controlled by futures trading. Since all fiat currencies go to zero over time, so will the dollar so pricing in dollars is not valid. When the true free market values for gold and silver are known from real free trading then the amounts may be much less than you imagine especially for silver.
It won't be 2033 and it won't be 25%.
A ponzi scheme works by bringing more people in right. Well,
1. the US population is declining. Even if the immigrants come. The population is still going down.
2. Smart people of each generation are quitting. They are going off grid. You only need 1/4acre to grow your own food well. What if you boug ht 5-10 acres. You could have a small farm.
As the peak boomers retire their kids went off to college and didn't come back or found some other job somewhere. They don't want to take over the small family farm.
As the CDC told people in 2020 you are non essential and not to work. Many took that as a f-- off I'm not coming back. There's more waves coming and it's going to happen over the next 20 yrs.
Homesteading you don't pay into the SSI system.
i think now is the best time to invest in sliver in other to make good profit from it . but hope it stays long upwards , still need more help on guidelines to know how the sliver market will turn out .
I simply can't believe how many people are willing to tell the entire Globe how many ounces of gold and silver they have. First rule of stacking. Don't tell anybody how big your stack is.
OK so where do they all live then? I've stacked gold and silver, at the very least tell me which country I live in then.
@@Bobbydazzlla The people you really don't want to know already know where you live. They all have 3 letter initials.
@@Bobbydazzlla you are truly an idiot. Wisdom escapes you. I'm talking about a general rule of intelligence. Let me ask you a question since you are so stupid. What advantage is there in telling people what you have? Answer that.
@@cabracove And your all assuming we're all in the USA (because everything is only in the USA) and wear foil hats like you guys all do - solid. Loosen up pal
@@Bobbydazzlla LOL, am I ? 3 letter initials are everywhere.
Paying off your primary residence before retirement is also very important to lower your monthly expenses.
Or have enough PMS back to pay it off.
We did not pay off our mortgage before retirement but had sufficient cash flow to handle the expense. Once our investment accounts were delivering less by percentage than the investment accounts, we paid off the last $35k on the house in cash. That was a liberating experience and one I very much recommend but it also depends on your other assets
and how they are doing.
100% I'm on track to paying off my primary mortgage by my retirement age, and have other plans to supplement my income, to include prec. metals investments, traditional IRAs, and other assets. With all that, we should be set. We actually plan to lease out our home and live abroad in SE Asia. I believe people that retire need to have multiple avenues of income to survive in the future.
Wrong. The interest rate on a mortgage loan is the lowest you will probably ever get. If you have a 3 to 5% interest rate on your loan, why pay it off ? If you have enough to pay off yoir mortgage dont do it, instead Invest the money on crypto, stocks or even gold.
Really enjoyed this presentation and it’s content! You truly are helping so many with your channel and your experience! Congratulations on reaching above 50,000!!! Wishing you all the best!
I'm at 70oz gold and 2200oz silver, zero debt and still stacking. Thank God i got most of them gold oz at or below $500. 🎉😊 Thanks, BG. I love the G&S breakdown charts.
why are people giving this important information open to the internet. Whats the point of owning physically when others know about it.
@@dreamwalks8200 get motivated 💪
Right on brother! Keep stacking.
Wow! Awesome
Sound like u set for life
Hey BG, nobody lays it out like you do brother. You have a lot of fans and they’re even talking about you (all good stuff) in comment threads on other channels. We appreciate you! ❤👍💯
Oh wow! Is that true? Would love to see that. Cheers.
True! I promote you as much as possible on any vid that talks about prepping, inflation or any other way I can get a plug in for you. Your info is AMAZING and has helped me to see I'm on the right track--now with even better goals!
I bought 12 gold ounces when I had funds available, at a time when each one was one monthly house payment--I thought of it as a year of house payments. As time went on, I refinanced, moved, and more, and my 12 ounces still covered a higher payment. Then, I sold the house and moved, and it was equal to that monthly payment, and now each one covers one-half of my property tax payment, giving me six years of property tax coverage (I am in a reverse mortgage, so not paying monthly - will pay when I die). The reverse gave me the optionality to get more metals.
They dont have to cut any SS. Just use the money sent to Ukraine!
Exactly! lol.
Or inflate without cost of living increases.
Not to worry, Ukraine will pay back🙄
Amen
I think you need to go back to school and retake some math classes, along with history classes possibly.
I have 40 ozs. of Gold & 1,885 ozs. of Silver right now. I'm 67, collecting $2,078 Social Security, and I'm working full time saving $3,200 (after taxes) every month
You should enjoy it
Start spending it on your bucket list.
life is fun when having fun
Bummer still working at 67
I’m 68 and working because I want to and don’t have 2.
A man should be a good example to young men and have purpose!!$$!!
Warren Buffets highest earning years were after ????
56!!!
He love travel, making money and having fun now and it kept Charlie in the life to 99
Smart man covers all the corners
Junk silver is still available - $1.40 equals one ounce - My nephew is now beginning to collect some without breaking the bank.
Soon Stacking Silver will be the talk of the century
just like digital tokens today but tokens aren't real
Real money like gold and silver
is not an issue around the world for its utility and value.👀
I wouldn't retire on gold. I would just give it to my kids. Gold is used to store wealth. Don't spend it. Retire on real estate and equities to generate income. Then, use a portion of it to buy gold.
@@fookbia8875 this makes sense.
Great video BGM! Restores my confidence in ability to do 100% retirement. "It's a marathon, not a sprint." Well I sprint marathons 😄
I am at 3400 oz silver and 53 oz of gold, 2 oz platinum and 1 oz palladium.
Buying and storing gold & silver on a regular basis makes total sense. And it's flipping exciting!
True!
Silver is good to have for barter, but remember it will take about a pickup bed full of gold to equal the same value of gold that will fit in the glovebox
A pickup bed full of silver?
I am blessed and have x3 of your 100% targets. Makes me sleep better
Congratulations, Roger, it indicates you have 50,000 subscribers!
Thank you Ed!
Hi Bald Guy, would love to see these numbers adjusted for not owning your own home, or an adjustment including for renting rather than owning o home. Really interested in the adjustment for comfortable retirement.
Ugh. Math. Add rent to expenses. Deduct expense.
Same here 👍
@@helenkessler6012 Thanks Genius boy. Did that. Wanted his take. This is all math so I guess you're saying his whole video was not needed. Did you think about the adjustments for inflation on real estate/rents. Is the assumption the same as his CPI calculations (that is what I did on my spreadsheets), but that is probably incorrect. Real estate is probably going in the opposite direction, and hence would not have the same 2 scenarios as the NPV gold prices that he presented assuming a 2x or a 3x CPI adjustment. I could go on with numerous other factors that could be considered, but what was your comment again, addition and then subtraction. OK buddy, great insight. I'm sure your analysis is quite profound.
THANK YOU Bald Guy👏👏👏👏
This would be one of your best yet and continuously getting better every podcast 👍
This one can be so useful for us to show our family and friends that simply just DON'T get it, the importance of having physical silver and gold in their own possession - thanks again 🍻
Cheers Steve.
With the gold to silver ratio now at 82, it makes more sense to stack more silver than gold today. Once the price of silver increases, such that the gold to silver ratio normalizes closer to 40, at that point it would be wise to sell your silver & buy gold.
it would also alter the numbers on his charts, and if he's doing the maths based on current figures any increase in gold prices would alter his figures as well
Yes, the numbers we have today would indicate that would be the best way to go. But then, gold is a Basel III Tier 1 asset and silver is not.
Central banks and sovereign wealth funds are buying gold, not silver, hand over fist. I like silver a lot and have a lot of it but at the same time,
silver reminds me of people I've known who had great potential that was never actually realized. Could owning silver work the same way?
@@edb3877 silver a store of value and used for trade, Gold for wealth preservation
Another reason to stack fractional gold is if your thesis is that gold is rising, you actually can accumulate more gold on a monthly purchase vs. saving up over months or a year to buy 1oz worth.
Fractional gold has a much higher premium on a per ounce basis.
Silver is currently so undervalued that it should cost nearly $60/oz spot price right now today.
@@HuFlungDung2 yes, but gold price this year has gone up so much that you end up spending about the same amount. I bought some ounces in January for $1885 an ounce. The price now is $800 more. If you spent an extra $50 per 1/10th ounce, you still are under $800.
@@HuFlungDung2 Gold in USD has gone up 37.74% in the last year, so to make it easy let's call it 36%.
36/12=3 So on average it has gone up 3% per month right?
So let's say you start off with no money on 1st January and it takes you 3 months to save up for your first 1/4 ounce? And let's say for simplicity Spot is 2550, a 1/4oz costs 700, and 1oz costs 2653
(I chose these numbers because I'm in Europe and these are the current prices)
So on 1st April you buy your first 1/4oz for 700 + 9% = 763
On 1st July you buy your second 1/4oz for 763+9% = 831
On 1st October buy your third 1/4oz for 831+9% = 906.52
On 31st December you buy your forth 1/4oz for 906.52+9% = 988.1
So you have your 1st ounce on Dec. 31st for 763+831+906.52+988.1 = 3488.62
You instead saved for a year and bought your 1oz coin for 2653+36% = 3608.08
So not only have you got four 1/4oz fractional gold coins which are easier to sell or trade but you've also saved yourself almost 200 (199.46) 😃
Exactly! A major downside.
I think the gem of stacking is the fact that we are saving in something ajusted for inflation. Thanks for a good program.
Thanks for the screen shot B.Guy
Your videos get better and better, brilliant breakdown on strategy and advice.
Glad you like them!
You're videos are the best on UA-cam. You always slay.
99%of the rest of my fellow Americans need to see and hear this immediately. 👍
Excellent work Bald Guy ,as always. Thank you.
Your commentary is right on point as usual. There is an old saying, expect the unexpected. I believe once you have the lion's share of your stack in larger pieces, you should focus on the fractional pieces of precious metals. Its great to see you every Sunday!
Love love love this topic !!!!
I have been building reserves since the age of 40 and I am currently 62. I had seen this coming a long time ago. I have a little gold, and a good stack of silver. 10% of my pay , every pay period has gotten me 4500 ounces of silver to date. As you say, it is a marathon and not a sprint.
Sounds good. I'm in a similar position but have a good amount of gold and a large amount of silver. Also have a substantial 401k-->IRA rollover that has funded the past 20 years
of my retirement and is larger today than it was when I retired. A good investment portfolio is about as close to a perpetual motion money-machine as there is, IMO. Life is good. 😀
Jesus, how do you store that much silver if you had to pack up and move that would be excruciating
And this is all it takes. This is the difference between having to scrape by on social security and being able to have a decent retirement with small luxuries. Thank you for sharing.
Excellent information! Started stacking and educating myself around 09. Over this period gold has perserved wealth...silver will be breath taking as we see financial system deteriorate. Look forward to your videos and the deals at summitmetals. Thx!
Great Video one again BG, thanks for keeping us updated on the latest figures...
😉
Great video and great advice !!
Really appreciate your perspective and analysis on these topics.
Love these Excel charts you put up makes a lot of sense when you see it laid out like that.
As always, you bring up interesting points of view! Thanks.
Great video. It is helpful to go over this topic sat regular intervals as repetition is a great teacher.
Yes - and keeps people on track!
@@baldguymoneyofficial exactly! Thank you, sir. 👍
Excellent report 👍👍👍👍👍👍
Y'all will learn much from this man. Listen up.
Excellent content! I'm glad I found your channel , great education!
Glad you enjoy it! Wishing you a great day sir.
Excellent breakdown as always. I can't say for sure how many people are actively planning for their retirement but I have to think it's not nearly enough and those that do don't always save enough. This is going to be a major issue that keeps most folks from retiring when they want to and I expect will keep others from retiring entirely. I believe that most here will take this seriously enough even if others don't.
As to barter I've never thought of that as likely but as you said there is a strong advantage to having some fractional pieces regardless. Thank you!
...veći dio penzija se isplaćuje zaduženjima...tako da je penzioni fond poluprazan...u velikoj većini svjetskih država....
The strong advantage is growing food.
I’m 42 years old and currently at the 10% comfortable retirement level…next up 25% !!!
This is the correct approach! Congrats!
Outstanding seminar video.
Great charts.
TY for giving me the confidence that I have been doing the right thing at the right amounts.
I am a very basic lifestyle retiree... by choice.
So glad I took your advice back in April to dump my platinum stash and buy gold with it! I've done extremely well since!
I bought a lot of platinum back in 2010 and still own some unfortunately. It’s worth 70% of what I paid then (nominal value). If I’d bought gold instead, I could have retired by now. Just about to ditch what remains at a loss.
Hey Bald Guy, how did you arrive at that name? Seriously though, jokes aside, enjoyed the video. I began stacking gold only just over five years ago when it was only $1,800+ When our youngest graduated college three years ago, I had more free cash for purchasing. Can't go wrong with gold! NEW SUB here from CA
Good job with the charts BG.
I got the Silver but am quite short on gold.
Me too, that's why I'm hoping silver keeps moving up. Maybe I can fill some of that gap with silver.
Same haha
In the future, if you only have for example a 1 ounce silver eagle for trade at your food store, you could make a small purchase with that eagle and any remaining balance in your favour could be put "on account" with your grocer to be used at a later time. That is assuming that there is still trade in fiat.
Really excellent and fascinating presentation! It’s given me a lot of food for thought and it’s unlike any other analysis I’ve seen from the PM community. Well done!
💯
A lesson from Western NC, small change has more value that large bills. 1s 5s 10s rather than $100 dollar bills. Just remember, if you need a can of beans and all you have is a $20 bill, and no change is available, the can of beans is $20.
Or you buy a 5kg sack of dried beans for $20...😏
'NC'...North Carolina (?).
There's often no choice in an emergency bro🤣 you don't get to 'shop around'.
Q
Organizations are handing out free food and free clothing.
No money required!
Keep your powder dried and use your mind.
Q❤
@@TheFoxisintheHouse Yes, NOW they are and that's no guarantee for the future (?)
Mean time keep small denomination bills and a stock of silver coins IS excellent advice for an emergency.
Love BGM! If you fail to plan, you've planned to fail. Stack tall & deep!
Congrats on almost 50K subscribers. You deserve it!🙂
Thank you!
You're welcome!
I wonder if there will ever be a day when you can go to a car dealership and buy with silver and gold
Never
Love the channel BGM. Always learn so much.
I wonder about one assumption in your retirement illustration though. If you base the analysis on the average life expectancy won’t half of the people outlive their stack. Shouldn’t the life expectancy be based on two standard deviations above the average?
Thanks!!!
It’s very likely. Maybe more like 20 to 30%. No calculation will be perfect for everyone but it’s a topic people need to think about considering the state of Social Security and national pension plans in other countries.
I’ve heard Germany after the war the mark inflated and 25 oz of gold would buy an entire city block including property.
That was a price of small hotel in Wiemar republic 25oz
I had read where an ex waiter of a German hotel that survived allied bombings in WW2 was able to buy the hotel with 5 ounces of gold!
Thank you BGM......sorry I slept in again. 👍👍👍👍
Thanks for the information. I will never get there but its helpful to actually have numbers. Peace.
I agree
I wish that I could keep up AND understand your message!
Enjoy and find your knowledge and information useful.
All the best regards from Australia 🦘
Love my Aussie viewers! Cheers!
Great topics, very important, thanks for covering this!
Another great video brother !! I stack fractional gold for the exact reasons you cited… I just think if gold goes real high, using an ounce or more to make purchases would be almost too much. To be able to use a tenth or quarter ounce makes more sense to me..
Excellent video BG!
Print money and raise the amount given to social security ! Also no tax on it or no income tax if you keep working and rcieve benefits . Additionally no property tax after age 65 . I must include that it be not legal to take someones house if they incure health care or perminent care in a facility . So basically they can leave a house to a family member no matter what the bills are .
How much do you think a copper penny will be worth. Thanks Fred
BGM... I deal with a Vancouver bullion dealer who sells maples and bars. However, his primary clients are jewelers. He will often exchange cut gold. The best price for the jeweler is not to buy a 15g coin, nope. The best price is to take 15g of cut gold off of a kg bar.
If there is a point where gold is too pricey, cut-gold is an option. At that point, the stamp of a maple, eagle, or krug will be of little consequence (see Venezuela)
I'm in Canada.
Question for clarity:
In your chart that says basic retirement, you are saying you need both the gold number plus the silver number, not either or. Therefore, if I want to calculate how much silver I would need if I decide not to invest in gold (for various reasons I believe the silver ratio will continue to rise against gold, right or wrong) to make these numbers work, does it make sense to simply do the math to convert the value of the gold ounces into how many silver ounces I would need to purchase to make that number work? IE 4725 ounces of silver added to silver number on the right. Sorry if this is a convoluted question.
Another good job on looking at the bigger picture, BG
Hi B.G, just in case I missed something, would I be correct in presuming the retirement figures (in oz) refers to either/or, and not a combination of both PM's? Now, I can't recall if you did a previous video on how you would recommend 'splitting' or calculating the ratio of holding SLV & GLD, but is there a suggested ratio, or simply judge it based upon your own circumstances?
Hi! Thanks for the question. It’s both. As stated - “80% dollar allocation to gold / 20% dollar allocation to silver”. Cheers.
I have 85% gold and 15% platinum. I don't waste my time or resources on silver it has done nothing throughout history and I believe it will continue that way
I agree.
How are you going to make a small purchase? Let’s assume $5,000/oz gold. How are you going to buy a tank of gas, or smaller purchase? I’m not going in public flashing $5,000 as my smallest change.
@@quarter-py4nr have you heard of fractional gold? Lots of 1/10 ozs and 50 and 100 gram combi bars (these bars break into 1 gram pieces). Also have a gold claim that pulls a few grams per day when worked. So I don't gamble with silver prefer a sure thing such as gold.... Also gold will go a lot higher than $5,000 /oz
@@fringeminority5676 that is a good strategy. You could always use the gold flakes for smaller purchases. Yes I believe gold is going much higher. My concern would be even a tenth ounce at $10,000/ oz would still be roughly $1,000. Grams would definitely be an asset. Gold flakes even better. In a collapse scenario, police probably won’t exist. I personally wouldn’t want to carry anything worth getting killed. The rules will change.
You're not gonna buy any fuel with gold. You just go sell one ounce.And live off the five grand.
Impressive, thanks for the info sir
very interesting information here BG this is the video many of us needed
Glad it was helpful!
Hi, great content and i like to follow and stack from last year (In canada)
Question : as you showed before buying at regular intervals as fractional or buying 1 oz at one time.
Better was buying in regular intervals
Any suggestions as per canadian gold and silver price which is better regular and fractional or whole 1 oz and buy every quater
Absolutely correct. Stacking for retirement is a journey that requires patience, persistence & permanence.
The rest is time..
All comes together in the end. Thx bald guy!
Great goals. Tough, but great.
Love your show! When you said “100% metal retirement “ is it presumed there is no pension? Thanks
It is presumed you don’t own any stocks or real estate. All in on metals.
Most people have no pension. Some have private means such as IRA's or 401k's and government social security ( we don't consider it a pension)
Social Security is a government pension. That is why I made sure to group them together at the very start of the video.
Thank you so much for this!!!
Thanks Bald Guy. This was very helpful.
Congrats on 50k subs!
Thank you so much 😀
Hi BG, very provocative topic, and very important for me as I approach retirement. How do your numbers change for a married couple? Certainly less than double.
I reached a 10% level (in precious metal) of invest-able assets early this year. It was mostly a matter of conversion to pm (silver and gold) that started about mid-year last year, so I'm not a long time serious stacker, though I've owned very modest levels of silver for thirty years. I was encouraged by channels such as Bald Guy Money (the first channel of its type that I found on youtube), though I should also say that I was also encouraged by the general feeling that there is something seriously wrong with our economy and world. For me, trust in what the government or conventional media says is at an all time low. For now, I'll have to remain at the 12 to13% level that I'm currently at, but hope top convert more wealth to pm in the future. I was fortunate to convert when I did because - as we all know - prices have shot up a lot since I converted. Many thanks to Bald Guy and the other knowledge sources that helped me in the process of wealth conversion.
good morning, thanks for the information, I also came to a similar conclusion about the performance of sp 500 -3% and saw the performance of gold and silver,I really liked the retirement program and the information in it,I have come to similar conclusions without specifying the quantities,you have helped me a lot in these logical conclusions,I'm far from my goals, but on the right track, thanks.
If we get to the point where we are using barter to meet our needs, the clipping of full oz's will become the norm. I always buy with the premiums in mind. Buying in larger sizes is usually more cost effective, where you get more oz's for your dollars. So before going for the smaller amounts of PM, with their higher premiums, consider what we've seen through out history when AU and Ag become currency again.
Thanks for the Australia comments 🇦🇺 appreciated 🦘✌️
Good Sunday morning from Arkansas . Thank you
I just bought gold and silver today and it's a strong 15% and I'm 57 and retiring at 68 I taught for 27 years retired so I'm 57 I have time Plus property
This only makes me more depressed... Struggled my whole life and was never able to save for retirement. I'm screwed as I go into my early 60's
Pretty much agree with most of this content, my calculations were for 75oz of fractional gold for 25yrs of retirement (taking us upto 90yrs of age).
I think that regular non-silver coins will also come into play as a form of ' fractional silver'. They merely become tokens. Normal coinage is not suffering radical counterfeiting. But their value has yet to be determined.
I started buying silver in 2017, but really stacking heavy in 2020. Buying every week, no matter the price. I am well over 1500 ounces of silver which is buried on my fathers farm. I am waiting for the gold/silver ratio to lower so I can make the switch then bury it again
Hi BG…thanks for your videos! What is your opinion on holding physical gold via sprott physical gold trusts in ira or 401k?
It’s ok. Not my preferred method as I like to have physical. That said, doing both is something many people choose to do as to mitigate risks associated with storing metals by themselves.
Thanks!
Thanks, I think your numbers are reasonable. I doubt very much that I’ll see my B plan retirement or social security. I’m 55 so 2033 is just when I would start collecting 🙈
Currently stacking silver is 40 ounces a month a good start?
GTS ratio is meaningless if silver has higher premiums AND is taxed.
However, it worked for me when i purchased my silver tax free from the EU and sold undercutting a taxed environment within the UK.
I used the proceeds to buy tax free gold.
My GTS ratio is now 3ag to 1au.
Whether I use them this way or not, I always think in terms of ounces and months when it comes to Silver and Gold. When thinking about my goals, I decided that on average, it would be prudent to have 150 Silver ounces per month upon which to retire, and because I don't think you should trust either metal entirely to do any single job, I thought having 2 ounces of Gold per month would prudent as well. Since I would technically have twice the amount of $ in precious metals that I would need to retire, I calculated for just 10 years of retirement, knowing that I really have 20. That's how I came up with 18,000 ounces of Silver and 240 ounces of Gold. I also thought having 1,524 of additional Junk Silver and 12 ounces of additional fractional Gold, as a reserve, would be a good idea. I don't know that I'll reach this level or not, but it's what I'm shooting for at the present time.
First time on here. I’ve got the 10% covered for the silver but I’m slowly working on gold. I started buying bullion 2 yrs ago. It’s been a tough grind so far.
P.S. I just checked out your videos and you now have a new subscriber👍🏻
Thanks for subscribing. Sounds like you're doing well. Keep it brother.
Good info. Thanks for sharing this 🙌 🙏🏿
BG: please do a video on The Great Taking by David Rogers Webb
Stacking at the rate of 20 maple lief 1 oz coins per year with about 8K of silver on hand at avg price $23 oz.
I got the 10% but feel like I’m so behind for my age of 48
Most every valuation of gold and stocks are backwards. The stock or gold to shrinking currencies ratio. The actual correct point of view.
The practicality of fractional is trending due to obvious signs of debasement of fiat. It all boils down to “who will buy your 1oz gold?”
50k subs almost upon us!
Toga Party when we get there !
Got fired last Thursday, everyone asking what I'll do...its not me, it's what my precious metals will do for me...
😂😂 u dont have 6 months cash ? Finance 101
@@cultleader3572 nope, but I also run my own business...and itll pay all my bills...
@cultleader3572 not currently, running my own business will pay all of my bills for the next 2-3months until I get rehired...lol
Thats why u saved for a rainy 🌧️, u did what most wont do.
Just remember they dnt wait till 2035 .