Gold and Silver STILL Massively Undervalued! Can These Inflation Hedges EVER Back Our Dollar AGAIN?
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- Опубліковано 26 бер 2024
- Are Gold and Silver really inflation hedges? Lynette Zang says YES! And in this video, we discuss how the price of gold and silver are STILL massively undervalued. Should gold really be priced at $40,000 an ounce? Listen to Lynette as she explains how the global debt and the total amount of gold can explain the REAL value of precious metals. Can they ever back our currency again? And what would my local coin shop dealer, Tim Marschner, think of Lynette's analysis? Should we have both of them on my channel together? Lynette is an economist, a former investment banker, a chief market analyst, hard-core gold and silver stacker, passionate prepper and featured on Kitco News, Stansberry Research, and other UA-cam channels. The dollar collapse will bring in the financial "reset" the powers-that-be are already planning! Whether it's silver rounds, silver bars, silver coins, or gold coins, Lynette and I urge people to protect their wealth by stacking physical gold and silver!
/ @thelynettezang
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#Silver #Gold #WhatWouldTimSay
My mum bought her house for £3500, The house next door went for 350,000, ( easy sum). I tell the kids. Same bricks, same land, the house isn't worth more. The money that buys it is worth 100x less.
Anyone can buy my home with gold (as long as I can use a verifier). How simple to store it away. No cash to deal with especially if I don't need that money to live day to day.
That's a very dramatic and easy way to see how much our dollar has fallen, thank you for that wonderful example. I'm so glad your mother bought her house when she did!
What was the time difference in years? 20 or more?
@@JFEnterprize My home went up from 150,000 to 500,000 the course of 30 years.
It also depends upon where you live. If I lived in some areas, the value would barely go up. Other areas my home would have gone up even more
Real estate is a sitting duck for the tax collecting parasites.
I remember hearing the same thing back when gold was 200 oz...so kicking myself but we are so conditioned to trust the dollar
Salary als incrise think about
Silver is the poor man's gold.
According to the adage, it's the money of gentlemen.
Know why,.....Gold was like a 1ooo dollar bill, silver was like a 100-dollar bill most cost pennies. I am old 71 when a penny would get you 2 pretzels sticks and a bubble gum. or I'll catch you on pay day.....
@@zed332l As a kid I got a 25 cent a month allowance. When we went to town, my dad would stop at one of those new-fangled convenience stores. I would get myself a candy bar, a fountain soda and a comic book and still have a few pennies left over.
I don’t find it in rivers
Silver would be good for barter and purchases for everyday items. Gold might be hard to get change
The dollar is failing faster and faster by the day
Yep and Silver Still at 20s. Nothing going to change that
Velocity has the same effect on currecy as inflation. Read Whatever Happened To Penny Candy, The Uncle Eric Series
Look at the dollar index. Not happening
@@Maximixa that only measures the dollar against other currencies not purchasing power
@@bapi6643 I know what it measures. The statement was the dollar is failing faster and faster by the day.
In 1895 you could buy a Colt Peacemaker for a $20 double eagle. Well, guess what? You can still buy one with a $20 double eagle.
Or ten with a 1933 double eagle
So we should be storing our wealth in guns?
@@DavidNefelimSlayerhahahahahahahahah
@@richardlove4287that’s an idea.
Cash gold silver guns ammo food water clothing booze
That’s my top 8
Bill Holter says the amount of gold we have (8300 tons) to the amount of debt we have would value gold at 125k an ounce.
My math shows $113k per oz. given 8300 tons of gold and $35T in debt. Close enough. Several years ago I did one of those back of the napkin
estimates of gold's true value and got just over $67k back then. IIRC this was around 2013 when gold prices and the debt were quite a bit lower.
The number that I've read several times is 8,130 tons of gold in US vaults but since this has not been verified in over 60 years, who really knows?
@@edb3877 We are more than 35 T in debt you need to listen to interviews with Bill Holter he'll explain in great detail about how much debt we actually are in. Keep on stackin'!
@@edb3877 If we supposely have the 8300 tons? Last time it was audited was 1956.
That’s assuming we have any gold at all. On the other hand our debt is without question present and growing by the second
@@jjwatt5126 Exactly!
Bought our small starter home house in 1996 for $88,000. In 2021 we sold it for $476,000. We bought our beautiful rural village home on a much larger property for a little over $500,000. We're still stunned at how blessed we are. We have a large vegetable garden and grow at least 15% of what we eat. One day our daughter, with whom we bought the house, will have a home that she will own outright. Her present basement apartment is a future potential form of income for her. Right now my husband and I are her "renters" although we are joint owners on the property. It was the only way that she could become a landowner.
Glad you guys see it that way. My parents
..mom anyway, sold the farm after my dad's death, bought a smaller property. Hope it works out for her. I'm consider8ng moving out of Canada with my family at this point. It's a hard decision since my dad's side of the family came in 1647, my grandmas father being the most recent immigrant in the family tree, arrived in 1914. I work too hard for 30% of my earnings
88k appreciated annually over 25 years at 7% is about 477k
Precious metals really are true wealth.
Lynette is the best. Since she left her previous employer, the videos stopped showing up in my feed. Needless to say I was there for Lynette and only Lynette. HIGHLY recommend following her new channel that yankee linked below
I did not know this! Only followed them because of her. I was wondering what was going on, if they went "bigtime" with the Cambone stuff, the big guy interviews. Pffft. Do you know what happened?
It’s hard because you want to buy it at a “good deal” but it’s hard to believe the real value of it will ever be realized in a corrupt system where the value is able to be suppressed.
Yes but thar us also true with houses , stock, and retirement accounts.
They can only surpass it for so long. Because the dollar can only be propped up for so long. The Fed is running a Ponzi scheme. But instead of having to bring in new investors like our friend Bernie to keep it afloat, they just print up another trillion or two in “funny money”, and pump it into the banks. Sooner or later, the chickens are comin home to roost. And I’m betting on “sooner”…..
It's not an investment... It's wealth insurance. ( That phrase is gonna stick with me.)💔🇺🇲🙏
Great! That's a win, as far as I'm concerned. 🙂
As with beauty, there is much in the eye of the beholder to describe gold and silver. For me, it's many things: wealth insurance, inflation hedge, a fun hobby, and yes an investment too.
Most of my gold was purchased between $1184 and $1400, so by that metric it's quite a good investment. Anyone not wanting to look at it that way doesn't have to. But I do because
of the investing opportunity cost of owning any asset. If the money I've put into gold and silver was invested, even in the S&P 500, the returns for the past 14 years would have been
quite nice. But I am not unhappy with gold or silver because they are doing more than being just another investment. If... when?... the SHTF, having a big wad of paper in hand vs.
having a good sized stack of PMs will show the true value of both approaches to building wealth. For me, this is not a binary choice. I am happy to have a well diversified portfolio
of stocks, ETFs, mutual funds, cash and cash equivalents, AND PMs. I've never heard any investor lament that they were too well diversified. Ever. Sure, you can make or lose a
lot of money investing in other things but I really like not losing sleep over the problems in the world and their effects on my financial future. Hmmm... something about eggs and
baskets?
Someone asked when should you stop stacking. I laughed and said When they can stop printing.
A closely related issue is WHAT to stack as well as when. I started with silver and completed my silver stacking goal in 2019. For part of that time, I also stacked some gold
and I am still buying quarterly. Like a lot of stackers, I like to buy the dips, so am willing to wait a bit for a nice pullback. The last one was so short that I missed it but, oh well.
I don't need to buy *every* dip to create a nice sized stack.
@@edb3877 Im with you. I have a stacked silver and gold and now starting Palladium as well. I did my first 3 ounces just under 1
$1000 dollars... I thought that was a great deal... I dont see why anyone would stop stacking now. Especially when Central banks are adding like mad. Just means they put a floor under gold.
@@edb3877think gold go back down from this price i just need too more oz to finish half of my goal- silver goals been reached and sitting warm and safe
The GSR should have never gotten over 20 let alone over 30. Yes gold should be well over $15,000 and silver should be a small fraction of that
Be at 1000$/oz at 15:1 😮 I’d be fine at 70$ 😂 🎉
Just plain love Lynnette for years now !!! She is the real deal!!
Howdy guys. Jim here in Alberta,Canada.👍
I have some gold 17.5 oz but I’ve been seriously stacking silver for 5 years 2500 oz
Nice stack brother on both metals
Nice stack but betting on the wrong horse. I did. the same but keep track. Still 10 % down on my silver price and up 40 % in gold 🥇
I try to explain it to people like this.... When you are putting in a new kitchen, what is the absolute one thing you have to do before installing the new one? You can see people start thinking and then come up with the answer, yes you have to tear down the old kitchen to make room for the new one. And that is exactly what is going on with our monetary system. You can not have two systems running at the same time, so one have to go in order to make room for the next one. When you say it like this to people you can almost see the Matrix in their eyes, Awww fuck, we are doomed......
Build Back Better. What does that imply? You have to tear down before you can "build back".
@@RussCR5187
Well, it’s clear that they’re tearing it down, but not so sure they plan on building it back better for us.
@@williampeterson2952 Exactly. They couldn't care less about the well-being of "we the people".
Happy Easter gentlemen! Love the channel
Miss Zang is probably the smartest lady in the world.
Yes, it is the currency going away. As an example, here in Texas, about 40 years ago, a burger fries and drink was $1.99. Today the same burger joint sells the same burger, fries and drink, but now it's around $10. The burger, fries and drink never changed, the dollar lost 80% of it's value.
How figure she has been wrong on silver price for decades!
Thank you.
Always love to hear what's on Lynette's mind.
Read the recently released World Bank ‘Gold investing handbook for asset managers’ and you’ll see just how good holding gold is!
Notice the Money Gun is Gold! LOL
Thanks for the information, and yes notification worked.
Bill Holder said put into PMs what you don't want to lose.
Yes, Bill Holter has a way with words alright but I have to say that as a retiree since 2004, I've made over $600k in the US stock market, so continue with that while also
continuing to stack gold. I like being diversified and as an old guy I also like a much smoother ride while investing. One of THE worst methods of investing is to go "all in".
Historically, this has not done well for most people. Being diversified does work for a lot of people and PMs make a great balance in one's financial life to stocks, bonds,
real estate, and commodities other than PMs. Going all in means that you have to pick the right investments at the right time OR risk losing a lot in the markets. As one
ages, they don't have as much time to recover from large losses, so need to be diversified to avoid being blindsided by adverse and unpredictable events. If we really do
get the worst things possible, such as a US$ collapse, UST paper collapse, global war, or some super-bug pandemic, the PMs will cover the paper losses. If not, then
the paper investments continue to churn out distributions and dividends. For the most part, this will be a financial win regardless of most events happening. Note that
this does not include devastation from which none of us can survive.
How about you, Lynette and Tim at a fireside chat. THAT would be great!
Yankee, been trying to share this message for well over a decade. Wish I took the red pill in 2000 when I could get gold for ~$300/oz. Have also been watching Lynette for years (BTW, looks like she lost some weight. Looking good Lynette), and although I agree with her, I wonder how long it will take. I do not see gov'ts or the FED capitulating easily.
"I do not see gov'ts or the FED capitulating easily."
No, that simply is not in their nature. Their current financial plans are not working, so it's a matter of them becoming financially responsible adults (not likely) OR some great
calamity taking it out of their hands. Right now, it is looking like the latter, so a managed crash seems unlikely to happen, which makes an unmanaged one almost certain.
Gold I understand, Silver bothers me a little bit. Since Silver is used as an industrial metal and more than half of mined silver goes to industrial use, what happens in a global meltdown, Industry will be severely curtailed because people wont have the money to buy things. Wont silver then be plentiful and lose value. Maybe it will be used as money again and the market will not be industrial I just don't know.
Great video thanks
But you'd have to include not just our debt but the debt of every country divided by the amount of gold
I'm afraid of metals going up to fast
Thanks Yankee! Lynette is always fun! and Serious!
I would love to see a pullback in gold and silver. Gold $1600 and silver $17 like it was not long ago.
Soooo all of us who have a large amount of pm's lose money just because you can't keep up ?????? You new stackers amaze me !!!! Just because you're late to jump on the bandwagon IS NOT OUR FAULT!!!! SUCK IT UP BUTTERCUP !!! LET US MAKE BANK ,YOU SNOOZED AND YOU LOOZED,NOT OUR FAULT!!!!!!!....JEEEEZZ
2018
You’ll never see gold that cheap again. If it goes back to 2,000 consider that lucky. Silver will probably go back to 22-23 at some point.
agree 100%@@dorian1761
@@dorian1761 Probably true. It would take a major sell off. I remember in March 2009 then the market dove to the bottom, everything fell, including gold. It was about $900 per ounce, as I recall, not long before the final crash of stocks. It went down to about $600 when the market hit bottom, but it wasn't there long.
Yes indeed.
Question is what will they revalue gold and silver at?
It will be revalued in weight. Not dollar amount
Enough to cover their crazy deficit they have created. My guess.
Australia housing has become a nightmare, for a nation of just 27million people house prices of the top 3 cities of 7 are in the top 10 most expensive in the world. It is not that the value of the house are more it is that the AUD is losing it value and now takes 20 years to save for a deposit for a house. In Japan in the 1990 house were $5m but lucky to be one tenth of that now. The problem is people here are getting suck in with $700,000 to $1m mortgages. We are just waiting for the music to stop.
Thankyou! So many stacking channels bemoaning the low price of silver! I’m like “ keep it down so I can afford to buy,”
Great video.
Hi Yankee! I just finally was able to buy my first 1oz gold eagle. You got me into stacking a year ago roughly and i started out with just buying silver but then i got to that "i need to diversify" stage and i made that jump. I must gotta say, this thing is absolutely beautiful...
AWESOME! And I'm super honored. Thanks.
@@YankeeStackinghey you think gold will go back down by end of year or dont mind the highs and continue on buying meeting your goals, or wait for a drop but what if it doesnt come, i know its surpressed but its showing its power and i just want to make up my mind and ask people who into it will it go down or just buy it and be hapoy that its still cheap
*Trigger warning* I'd be careful listening to Lynette. She has made lots of predictions/claims that haven't come true. I feel like it's fear mongering. If you're a full market cycle early, you're just wrong. It's not a problem to be wrong. We all are at times. But being too early is just as costly as not taking advantage of opportunity. It means you lose the cost of opportunity elsewhere. There's always an opportunity if you look in the right place. I have been a net seller since the squeeze with silver. But I can still buy it back cheaper than where I sold, and I made a lot reinvesting the profit. Its the lcost of opportunity that crushes people financially. That's why (generally) you should invest most savings. The cost of opportunity destroys people financially. I do appreciate how you specified that gold and silver are just to maintain wealth. You definitely are not the fear mongering type. I have a lot of respect for you, Yankee!
Great advice great video great channel 😊👍
Just watched a video here on U Tube. The guy was calling dealers, not all in his town or state to price junk silver, 90%. Out of 7 dealers none would pay spot, even if $1000.00 was brought in. prices were 14 to 17.5 times face.
I am gathering silver for exactly that reason . live in Ak and when crap hits the fan, I will use it to barter for heating oil, maint, gas etc
Thought provoking!
Keep on Stacking
Theres another utuber out there saying coin shops won't buy 1 oz silver Buffalo's right now there on sale anyone have any opinions on this,???
A Great Video Yankee
Stoneham Mass here
It's not the gold going up, it's the currency going away..........yes.
Broski Yankee u got me started Im Getting metals from the bank cause i dont trust ppl much(sad) Do you know any shops in Toronto? Ill drive over 2hrs if you gotta link up here
Gold is valuable as money for as long as large scale trading exists. If you can only trade at a small scale then water is more valuable as money if worst comes to worst.
Lynette Zang Rocks! Excellent Guest! Right On Yankee!
Yes please do a 3 way conversation... please please please 🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾...
Umm, I'm still waiting to talk Polo with Tim...we gonna blow your mind...we gonna have everyone coming to the coin shop rockin Polo 😅... surprised they haven't started...
Hello Brother Yankee 🤝 great to see Lynette .
1% of us are at a certain point 👍
Blessings brother 🙏🏼🕊️
Good show
I would love to see you Lynette and Tim have a round table talk!
Lmao. The word Still, yep that says it all and still will be
Excellent report 💯😺😺😺😺😺😺
I wish to God I would have met a coin collector as a kid and not a sports card collector...
LOVE LYNETTE - Im in the Zang Gang 10 years
The value of major fiat currencies will be defenistrating with increasing momentum by Q4/2024.
What is the value and power of PMs at that time?
Nice Video
Would love all three!!!!!
Looking for bill the butcher coins and bars anybody seen those anywhere before
Stock Market Crashed Hard 1929--1934 or so.. What do you want to be Holding if It Were to Crash amid a Serious Supply Chain disruption , Power Grid Down. Limited War with China or Russia. Real Estate, Gold, Silver BTC, ETH. Some Cash. You can't cut a bit of a house off for Money to travel and live on. You Need , == Cash USD , Silver, Gold and Solid High Demand / Utility Crypto. Stuff could Hit the Fan and U need a Mix.
So Right !!!!!!!!!!
Love Lynette! I watch her you tube channel. I love Tim too! Have them on together Yankee!! And TY for the videos!
Where is Tim?
Once a week. That's what it's been for years now.
i love lynette. always breaks things down so we can make good decisions.
love the video!!! Lynette lets make this a weekly thing lol
Why 40K, why stop there..... I say $1M/oz heck $1B/oz. All in?
LMAO 40Million Yen !!!
Why go to 40k in the first place? I like gold but it costs an average of $1,500 per ounce to mine and refine so until there is a collapse there's no way it's going to be close to that
We need a link for her money gun!
Wait until stackers are blamed for hoarding metals instead of holding debased fiat and the resulting Depression. Once anyone knows you have a little, the bigger the target on your back gets. Know your neighborhood and neighbors.
I love Lynette.!
Gold is going crazy!!!
What would Lynette say the intrinsic value of silver should be if gold is worth $40k ?
$5555
$2667 at a historic ratio of 1/15.
Moving from silver to gold
Love silver!!!
For me … the real value of gold is simple. Take a peek at the Armani suit prices, on their website. The average price is maybe $4k. An ounce of gold bought a nice suit 2000 years ago, and that is still true today … 🤷🏻♂️
Who's going to buy gold at 40k an oz? Not my LCS. That's for sure.
Lynette 👏👍
I will never sell unless I have to
That be Venezuela. Correct.
Gold has inflated at 2% a year on average since it's all time high in real dollar terms in 1980. Sure, that's better than the inflation rate now, but just barely, and that used to be the inflation rate of USD for decades.
Still there's as much silver according to Google. 3 billion ounces in circulation. Cheap cheap
Why are SDBULLION spot prices higher than Kitco?
Be sure you're looking at bid vs. ask price. It gets me some things. :)
Dealers pay kitco and buy at theapmex or jm bullion prices. Kitco averages 15 to 16.00 below all others. And I found that none of the shops around me will pay spot of any kind. They average 55.00 below kitco spot tipoff but I have only 3 shops I can use.
Kitco is not a full-loaded price for PHYSICAL metals. It's a contract price only and they add quite a bit when you got to buy your metals.
@@YankeeStacking thanks Yankee for the clarification!
@@AaaA-on1jq thank you for clarifying!
I remember when I bought Silver Eagles for $5 , Gold double eagles were $450.in the 90's, Inflation much?
I am planning on paying off my mortgage when this happens
People need to also understand is that if all the world switched to a gold standard and this covered the present time debt, whether it's 35 grand an ounce or 50 grand an ounce, It will still only buy what money can buy now.
On the other hand, cash won't buy a loaf of bread. This is where people will starve out
The harsh reality of it is that in a severe economic / financial disaster, not everyone will survive. When one looks at the amounts of gold and silver in this world, the amount per
person is very low. Most stackers have WAY more than this. Some would try to tell us that we have "more than our fair share". I would tell them that harsh reality has very little
to do with "fairness" and a great deal to do with "foresight".
So just for giggles .. 40 K gold And we still using the Dollar What would interest rates be at for the Dollar ? 150 % LOL
Yep, pretty much. In venezuela the interest rate is 187 %.
@@darrellklassen2559 HAHA.. I guessed pretty Close then...
💯
I swear Lynette is getting younger.
Oh boy!!! I’m already popping my popcorn. Coming soon-Tim and Lynette discussing a point they don’t agree on. I can’t wait! Should be awesome. Way to go, Yankee!! Great show of great minds coming. 😀
interesting thumbs up
I enjoy your channel more and more. Especially when you invite guests like Lynette
Im buying what I can when I can
Bought my 4 bdr first home with 10 ac, with hay field horse pasture and twenty eight newly producing fruit trees. 1969. ,$19k. Last time it sold was in the middle 8o's for $240k. Price today? $450-500k? Nobody in that old neighborhood with land packages even come for sale. Im about to be 75. So $40k gold when thing fall apart? Don't thing it will exchange for dollars. I think it will exchange for real-estate or large ticket items.
It will be viewd as real money again.
So $40k
One of these days……. anyone can say that’s
The hypsters.
Banks cannot stop gold from going higher.
If and when poo hits the fan (WW 3), and gold and silver increase x2, x5 or x10, food and energy will also increase x2, x5 or x10. Right now bread costs $5 a loaf where I shop. One silver ounce coin could be bartered for 5 loaves of bread. When the same silver coins is valued at $250, I will still be able to barter it for only 5 loaves of bread.