Why Silver is a Bargain Right Now - Robert Kiyosaki, Peter Krauth
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- Опубліковано 30 тра 2024
- In this episode of the Rich Dad Radio Show, Robert Kiyosaki and guest Peter Krauth delve into the value of silver, not only as a precious metal but also for its industrial applications. They discuss silver's significance in technology, especially in solar panels and electric vehicles, which increases its demand beyond just investment and savings.
Krauth, author of "The Great Silver Bull," shares insights into silver's current market dynamics, including its supply constraints and its potential for significant price movements due to industrial demand outpacing supply. The conversation highlights silver's role in financial history and its contemporary relevance amidst increasing digital and renewable energy technologies. They emphasize silver's affordability and argue for its importance in diversifying investments, especially in a landscape where traditional financial instruments are becoming increasingly volatile.
The discussion is wrapped up with a broader look at global financial trends, including the impact of the BRICS nations on the U.S. dollar and the potential shifts in global currency dynamics. This episode is a compelling exploration of silver's multifaceted value and its role in both historical and modern financial systems, encouraging listeners to consider the metal as part of their investment strategy.
00:00 Introduction
06:36 The Price of Silver
12:34 Silver's Industrial Demand
14:35 Solar and EVs Driving Demand
15:41 BRICS Impact on the Dollar
21:31 EVs and Silver
27:00 Silver as "Real Money"
32:53 Global Consumption Patterns
Tune in to understand why silver might just be the most undervalued asset in your investment portfolio and how it could serve as a hedge against economic uncertainty.
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
Silver has the highest electrical conductivity of all metals. In fact, silver defines conductivity - all other metals are compared against it. On a scale of 0 to 100, silver ranks 100, with copper at 97 and gold at 76.
How the hell do these guys not know that ? They wrote a book about silver??
Beat me to it...good man. IIRC, In the RF world, silver connectors are considered the best as even silver-oxide is a good conductor.
So between silver and copper there are only 3% difference in conductivity.
Why bother with the higher cost.
@@djdynieldaniel1395 idk, how about making 3% more interest on you money? Or being 5 '11" and could be 3% taller, you would be 2.1 inches more in height, a bit over 6'1".
What about aluminum? House wiring is sometimes aluminum, vs copper
No need to be condescending toward silver stackers Robert. We don't all have hundreds of millions to go and buy silver and gold mines.
One coin at a time Is all it takes to build something massive for down the road. Just keep stacking 😉
he has always been an arrogant piece of work
That's right. Robert even says that he started out stacking. Has he arrogantly dismissed his own roots and beginning? Sounds elitist, the same mentality that the common person (stacker) is trying to cope with and remain financially solvent and above a looming possible bankrupt economy. He is self defeating his own message that promotes stacking incentives.
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@@CliveBirseMind if I ask you to recommend this particular coach you using their service?
*Gertrude Margaret Quinto* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
For someone who owns a silver mine, you are illiterate on the elecrtical conductivity of the no ferrous metals. Silver is the best conductor of electricity, the best conductor of heat the most reflective metal, think mirrors. Silver is antimicrobial, antibacterial, anti fungal. Copper is the 2nd best conductor, gold is number 3, bit gold doesnt tarnish or corrode even in ocean salt water.
So is silver stacking not good enough to be considered a lover of silver? A lot of us cannot afford to buy our very own silver mine. Go easy on us Robert! 🤙
Yeah, being a stacker this was an offending comment by him
We stackers have to overlook his arrogance
Well said
Did he ever mention being a Marine..? 😏
@@crustyzimmerman3324have you ever NOT heard his life story? Lol
I love how RK just keeps simplify these topics for an average man on the street.
Still doing my Silver Bullion collection.
is there any specific silver coin good? i’ve just recently been buying silver buffalo coins
@noveshnoel I love Canadian maples. Weight and purity are clearly visible, pick your favorite and enjoy
Robert is wrong... silver is a better electrical and thermal conductor than gold.
I’m confused though Robert will encourage people to buy silver then in the same breath throw shade at stackers. I don’t understand
Its just him flexing
We’re all losers until we get a silver mine 😂
Its call pride, usually rich people dont give God the credit and being thankful to Him
He’s just saying he’s in a different league than the stackers
It’s all about Robert!! Getting kinda tired of listening to his rambling about his first silver instead of letting people speak. he should go sit in one of his mines And talk to himself.
I asked Gemini, What is the best conductor of electricity silver or gold?
Silver is the better conductor of electricity compared to gold. This is because silver has a higher number of free electrons that can move throughout the metal, allowing for easier flow of electric current. Here's a comparison of their conductivity:
Silver: 63 × 10^6 S/m (siemens per meter)
Gold: 41 × 10^6 S/m
While gold is also a good conductor, its higher cost and lower conductivity make silver the preferred choice for many electrical applications.
Silver oxidizes/tarnishes though, which probably makes it less suitable for certain applications vs gold.
@scottsehm1661and it oxides and will literally dissolve over time.
Nobody cares about all the mines that you own , stop bashing the stackers. I own oil wells, silver mines, gold mines. Average people buy what they can
Thank you! I stack what I can with an average paying job and supporting five kids.
He forgets about his listeners and all the likes they are giving him. People like him r oblivious to that fact. If, People decide not to watch his show and not to listen to his narcissistic rant,he will be in trouble. Plus I always wonder, to whom he will leave his riches? I mean, most of the rich people, have no families and have sad sad life
I am selling the silver and buying mountain house
im 90% sure he means stocks. anyone can buy stocks
@@MrLTigerNope. He also (idiotically) says that stocks are trash. He only buys entire mines, like that is practical for any real person.
Please don't be rude to your listeners Robert, anyone who owns silver and gold regardless of quantities is better off than those who don't
Exactly
Robert started off as a "Stacker"....now he owns a gold mine....exactly, gotta start somewhere Robert! You did!! ;)
@@biglance he said in his conversation something to " Don't bother me until you own a gold mine" . Robert comes across as arrogant and rude and that's just who he is. All in all I do enjoy his podcast
Yeah super lame move by him saying that. I would never insult my listeners on the Adirondack Stacker UA-cam channel ( shameless plugs) 😁 🪙🇺🇸
Me thinketh can't wait to hear yet another one of Robert's., I'm a Marine stories.........again!@!?😝😜🤪🤣🤣🤣
the 1964 Kennedy Half Dollar is 90% Silver, 10% Copper. The last true circulated constitutional coin, love em!!
correct, then 40 % silver now no silver.
And last real penny was in '82
Not to be petty but a tomahawk missile has closer to 500 oz of silver per missile... You read that correctly... 500 ounces!!
Do u want war?
So 500 oz free with free delivery, what not to like.
@jamesstewart1916 very funny. I doubt there are 500 ounces in that missile.
@@danzwiren1492 I have heard that from multiple sources.
So it turns out the US has been generously contributing to other countries' economies.
🤠👍
Rob, it's a bit harsh to dis silver and gold stackers when you yourself fortunately had the intuition to understand the importance of it from such a young age... Most are not in a position to do what you do and buy mines.. it was a little disheartening to hear you make that comment, and I think a large number would find it a little offensive.
I've always followed your teachings and valued your knowledge and input in this area on investing...I was just a bit taken back by this attitude.
Keep up the great work, I find your knowledge and interpretation of current events and how that affects the physical silver and gold sectors impressive!!
Thank you for the info on silver😊
It would be so great if you did an episode about Goldbacks!
New Silver coins and bars are taxed between 19 to 23% depending on the country (or State) in the EU. Silver stackers are now so few in Europe that RARE antique fully hallmarked sterling silver items are often so undervalued that Silver can sell sometimes at less than 10% over manipulated fiat spot price (COMEX). That's how I stack Silver and many pieces are historical and works of art in their own right, many over 100 years old and some even over 200 years old. Cannot believe such value is still available in 2024. Forgive me for wanting the manipulation to persist just a bit longer to continue to seek out and accumulate before the realisation of true value is expressed and FOMO takes hold. I reckon that silver as mined to gold at 7:1 will ultimately realise a silver price to 280 Euro ($300).
Great session once again Robert! Thank you Peter too!
Thanks once again Robert Kiyosaki and Rich Dad Team for the great information.
I've been saying for years now that people can't wrap their minds around how high Bitcoin can go. Everyone is preaching caution right now which is interesting. The reality is that the demand is just getting started. Only a fraction of the asset managers have been buying. Plus Hong Kong still is awaiting the approval of their ETF. Then there will be retail. Things could get really serious. Those of us who were still buying the week after the FTX crash are about to be rewarded. Central to this transformative shift is Linda Wilburn, whose profound comprehension of both cryptocurrency and traditional trading has played a crucial role. her comprehensive investment strategy and dedication to staying informed about market trends position she as an invaluable ally in navigating this new era of cryptocurrency investment...managed to grow a nest egg of around 3.4BTC to a decent 16B TC in the space of a few months...
She's often interacts on Telegrams, using the user-name.
@Lindawilburn
I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.
Linda gave me the autonomy I need to learn at my own pace and ask questions when I need to she so accommodating.
Bitcoin is the way of the future, and investing in it will be the smartest decision you can do, especially with its present Price.
I stack Maples and all other silver coins. I see no point overpaying for Eagels and Buffalos. If you'r a silver stacker buy the cheapest one and not overpriced Eagels.
in Europe, Silver maples and Eagles, are priced the same! so im going for eagles ;)
Eagles ARE FAR more collectable and have the greatest demand. Eagles and junk for coins are the best. When maples are worth $110-115 when silver is $100 Eagles will be $150 or more.
@@jonathandiamond6801 you will never get back the premium/overprice on any coin you buy. A silver stacker should buy the cheapest 1 oz coins imo.
Great interview Robert!
Peter is a Great Guest and author! I have his and your books!
Thats why ,I have been buying it till now ! And gold ,platinum 35yrs ! 3rd generation jeweler ! ME TOO ! PHYSICAL ONLY !
This certainly sounds good too, but I think it's still worth considering more reliable options like copy trading platforms such as Eledator, for example.
We'll Sir, I don't own a silver mine, but I've went crazy on it. Thanks for all the incredible information.
Thank you two so much for explaining this.
No matter what silver will close the ratio between gold when fiat collapses.
Bye silver now while it's only a quarter and it's not a buck
Really appreciate this episode, this has been bugging me for a long time, why the spot price of silver has stayed flat relatively speaking, what's going on with the price. This is a perfect take and this has reignited my confidence in silver for a store of wealth
I don’t understand why they don’t go deeper on the manipulation of the metals
No audio from 10:28-10:34
Good...6 seconds ya don't have to listen to Robert talk shit!! Silver?? PM are dead!! They died decades ago!!
I just bought more gold and silver few minutes ago. Tying up money due to an apocalyptic stock market crash is also not a smart move. Life is a risk and it's better to take risks than to do nothing, you can't always expect to make huge profits all the time, people have so many opinions about a recession/depression. In just 5 months my portfolio grew by $300,000 in gross profit, the main thing is to expand your portfolio and you will see amazing results by investing smartly.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for everyone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Thank you Rbert & Peter
If gold is too expensive to use in industry, why would the price of silver be allowed to go up. Expensive silver equals expensive products.
When more people take physical possession
Great video!
I’m glad Robert talks about his mines. It sparks interest for me in mining. I assure you, Mr. Kiyosaki knows exactly who and what he is going to do with his money. Robert leads a full life w many friends. He has given so many people a hand up by educating them over the years. His writings are useful to both young and old, and many around the world, including kids, still play the cash flow game. When I think of Robert, I think of how smart and generous he has been with his audience for all these years. He could have just gone to the beach and surfed, but instead, he’s trying to lift up all of us-in spite of a very corrupt system. I love that! 😀
Robert i live in Europe. Where would you recommend to buy gold and silver from a reliable Saler if you have any recommendations please...
Would love to know what percentage Robert has in silver, gold, crypto, real estate and cash.
Thanks for this helpful information.
I heard him say he owns 70 bitcoin. His big money is oil.
Thank you for the knowledge Robert.
Robert is wrong. Silver is considered the most conductive element (6.2×107 S/m), followed by copper (5.9×107 S/m), with gold (4.5×107 S/m) being third
Don't be so dismissive of your audience, we understand far more than you think.
Ask him how many bitcoins he has. I am sure he will be happy to tell everyone.
65 he said once
What's a good recommendation - SLVR stocks, physical silver coins, or both? (I missed out on Robert's bitcoin advice when I had enough to buy a full bitcoin, I'm saying "he was right" - and now I don't want to miss the silver jump)
Physical silver coins or bars if you cant hold it you dont have control of it
Mr Robert , 2016 saw u last time . Thank you for your advice. The question why silver is still low because inc need to sell alternative energy etc .. if it jumps then oil market ll take totally over . That’s why they try to win time and keep access to buy/ sell solar panels . One of the reasons I guess
Awesome show thanx
Just keep stacking.
Robert you are incorrect...SILVER is the best electrical conductor. Gold just wont tarnish where silver will.
oxidize silver oxidizes
Well, I can't afford a mine so I am a little silver stacker.
Bought my. First Gold Buffalo 2006 fot $639.
A friend of mine just bought the 2007 buffalo proof for $2350.
Kind of insane!?@@jonathandiamond6801
I just bought 82 gold eagles random years for $2428.50 per coin. The day before it was $2419 but I couldn't buy it yet since the system still needed a day to process my incoming funds. Oh well, it's never late to buy gold now. Better now than never. I don't trust the dollar anymore. The recent $95 billion that passed through Congress to fund foreign wars motivated me to get out of the dollar. Because it's just a matter of time before the dollar gets spent to oblivion. Congress has no restraint when it comes to spending away dollars like there's no tomorrow.
question .once you have a silver pile physical silver .where do you sell it? and if the dollar crashes what would you sell it for ..or is it merely to keep for buying bartering?
Why would you sell it? Silver is money so you can’t really sell money. It’s an asset . Asset for asset
@@elantatan7 you can sell it for more worthless fiat currency which negates buying metals.
Can anybody tell me why 10 oz of silver bouillon bought 10 years ago has almost the same buying price now. The price of 2 oz of gold has doubled since (10 years).
So if the silver is “big deal” as robert says…. Let me know your thoughts Robert
Price suppression through ETFs and the futures market.
Digital digits on a screen called crypto
Kanzian economics. Look it up🤯
Do you mean Keynesian?@@paulregan2182
Imagine how expensive it would be for the green energy agenda if silver was more bullish. …just me smelling a rat.
Thanks Robert I read all your books and appreciate it. Today I got some silver.
Sh** *ng on silver stackers is wild. Way to be a role model, Robert.
Silver is now rarer than gold and will be for all of eternity. From this point forth we work from current silver production alone and, from this point forth, demand will outstrip production without exception. [Can you imagine what that means for the future price of this, indeed, precious metal? Forget about the popular expression: ‘Got gold?’ The much more important - and potentially profitable - question to ask these days is, ‘Got silver?’]
1Nope not rare , its cheap plenty poor ppl buy it even children who go to school start stack many many tons silver in hands right now ! And when it start cost 40-50 S they all run to sell it :( And price go down again ! 2 Solar bla bla electric cars bla bla month later whole world will be in recession . Do what you want but next week i change all silver to gold .
@@user-gh8oe5bt5g Interestingly, above-ground silver is actually more rare than gold. In fact, almost all the gold that has been mined to this day is still here, and its use is largely limited to currency, portable wealth, and jewelry. On the other hand, when silver gets used, it’s gone forever. Also, unlike gold, silver is used in all types of industries. In addition to being used as currency and bullion as well as to make jewelry and objects of art, silver is used in military applications, the medical field, photographic applications, water purification systems, and the electronics and tech industries. This is thanks to silver’s antibiotic and thermal conductive properties as well as the fact that it doesn’t corrode.
That’s stupid 😂
@@user-gh8oe5bt5g dont do it. I plead with you and your children and grandchildrens sake. Silver will overtake gold and I expect that to be within 12 months. By then Gold may be $10G or more but Silver will become unobtainable by then once surpassing gold. It will come to a point in time where humanity will be pleading for silver for technology beyond our understanding at present. Any mined silver will go staight into the ................program because the people as a whole will expect it to be so. Silver will eventually become something you pass to your children.......Listen to Cliff High
That’s what you got out of this ? To go all in on gold ? 😂
Robert this is awesome, thank you. Be careful about the pollution from the solar panels in a few years. I've researched this and would not buy a home with solar panels on it (only maybe away from the house).
Someone just last week who knows firemen Said they do not like to hose a house roof on fire that has solar panels. Anyone else hear that?
His EV will end up in the city dump In a few years
You own a gold and a silver mine and you say addios to stackers? Who buys what you mine? In 1964 a kennedy half dollar was 90 percnt siver , so how did you see copper? And Kennedy half dollars from 1965 to 1969 were 40 percnt silver.
Silver is $24 an ounce
It'll be south of 40 by end of year
@@JohnQPublic345 not $200 not release my silver~
Silver Eagles are like $30 atm
still garbage
Robert include the price of premium
Silver is the most used and useful commodity after oil.
Stackers pay closer to spot than what you pay to mine it. That C+ average is showing itself again Robert.
Let me keep it simple for Robert. Silver the best conductive metal. Gold non corrosive
Great video, thank you.
At 12:15 Rich Dad says silver is about $35 an ounce. Was that a mistake? I know this is about a week old from the date posted on the gold chart he brought up, but even so, silver hasn't been at $35 for a while. Funny things was Kraus didn't check him on that.
Cost of an American eagle coin $8-$12 premium
Yes the most recognized silver and gold money is the one ounce American Eagle try and buy one for under $35. Even when I buy monster boxes they still require full premium zero discounts.
silver not money any more thats why CB dont buy it !@@notgunnadoit7461
@@notgunnadoit7461that’s the reason it’s bad you can’t cover the premiums when you sell in your lifetime 😂
@@notgunnadoit7461 They are $570-590 on Ebay for a roll of 20
YOU CALLED US STACKERS WHAT..THEN YOU SAY OWN GOLD MINE.. WHAT A MESSED UP DUDE
.......thank-you gentlemen !
My annoyancce is that in the UK, you have to pay VAT at 20% on your purchase of silver. This straight away means your silver needs to rise by at least 20%, just to break even on your purchase. I'm not sure if you have to pay tax on your sale as well. The only way to avoid this, is to buy it and keep it in a vault outside of the UK, but again, you don't have posession of your silver and have to pay vault fees and insurance. Surely there is a better way to buy and physically retain silver, without being subject to VAT or other tax fees. Any ideas anyone?
Great video Mr.kiyosaki.
Thanks Robert, thanks Kum, thanks Peter.
Thats great
It's very hard to say when silver will go up in price. If gold goes parabolic, silver will follow. It's better to buy your silver now because when people start buying in panic mode, you won't be able to get silver since the inventory is very low.
Bingo! All the attention is on gold right now . People should be looking at silver
Gold is not more conductive than silver ! Silver is the most conductive of any metal.
Then why all high end sound systems and equipment use gold plating on jacks and adaptors and not silver?
@@77vavavoom Probably because they believe that since gold is more expensive it must be better, aka marketing.
@@michaelmohrle1773i think its actually because gold doesnt tarnish over time, like silver does then. makes sense
@@77vavavoom Possible.
@@77vavavoomgold doesn't corroded that's way it's plated. Not a better conductor.
My question is let’s say you have a 1oz gold coin that u purchased at let’s say $1700 and then it’s worth $4000. Why would you sell it, I mean would you sell it for dollars? If gold is valued that high that means the dollar value would be really low. Can you please provide info as to why you would sell and what would you buy instead?
Oh damn. I been accumulating in between 2-20oz/month. That’s it, I’m buying a few mines/month from now…
Does it have to be silver eagles? Can it be just bars or rounds of apex
Silver is silver any is fine
This man does not only speak to “poor people” but he constantly advise everyone repeating what
to do and sharing what he does! Thank you
How can one invest in the silver mine in Argentina
30 pounds (14 kg of Silver) in Tomahawk Missiles. The LBMA is owned by the Chinese... Just got myself a gold lease in Australia. Robert, give me a call...😊
It would be great podcasts like this one but in Spanish 🙏🙌. Thank you Robert so much!
Sorry robert only speaks rich dad 😂
There is up to over 1/2 ounce of silver in the average-sized solar panel. I looked it up today. interesting. Didn't know there is that much in a panel. Technology is reducing the amount of silver used in a solar panel today versus older solar panels.
Wow, pretty dismissive of stackers. Though I drop in to watch now and then, there's always been something about Robert that kept me from subbing to his channel. I see what it is now.
Robert is more about cash flow. Owning a gold/silver mine is potential cash flow whereas stacking the metals only preserves wealth. He is a risk taker. That doesn't mean the gold/silver stackers are wrong or anything...they are just playing it safe trying to preserve their wealth.
@@Ziegfried82 Thanks for the explanation. It's nice to get some context for that statement.
@@Ziegfried82Buying a mine in ultra unstable countries like China and Argentina seems pretty stupid to me.
China was a dumb mistake on his part
Buy Silver, get rid of those Federal Reserve NOTES!! BACKED BY NOTHING!! Quit saving non-tangible paper and worthless coins that cost more to make then they are worth.
Bought bunch of silver few years back, made 0.7% profit if that. If I would of bought BTC I'd be up600% now. Even gold would of been a better play.
You should’ve bought art if you were looking to invest. Or traded stocks. Silver is a savings account. Not the S&P 500.
If you were looking for profit you could have done way better doing what I did: APPL, MSFT, XOM, PSX. Of course catching NVIDIA would have been even better but I missed that one. Can't catch em all this ain't Pokemon.
now you can sit in your seat and have your popcorn enjoy three days of BS then watch you TV and phone go on the blink for 10 days then the military will allow you to watch the Worlds lies since 1917. Meanwhile over those 3 days of BS your silver was rising ($27 today) Wall St crashing and bitcoin blown to the wind as tho it was never there. Forget Gold silver will surpass it. Put up a reply at months end and tell me how you feel then.......................I expect silver $75 to 100 by end of April
Hope silver does rise considerably more in the future
You had me at when you own a Mining stock come talk to me . I am a silver stacker and gold stacker myself and I couldn't help but just think to myself wow how cocky that he has to say this to us so often while in fact we are buying the gold and silver he's mining anyways I love you and still watch your videos but geez dude
Agree, besides a stock is a derivative. I’d rather have physical then a stock or a mine that can be taken away from you after all your investment into it
i know he shouldn’t have said the thing about the stackers. talk to me when you buy a mine. i think he was joking. but still came across wrong. but i will also say he’s selling some of that silver and what does he want. he wants dollars. now silver has changed my life. and it did come from watching Mr Kiyosaki.
Sorry I disagree .. He doesn’t want dollars he wants assets .. He just has to go through the medium of exchange to do that
Well we stackers know it was July 23, 1965 when the U S took silver out of our coins Mr. Kiyosaki! Not 1964
picky picky
Silver is used in the melting process of aluminum before pouring castings. All motorcycle engines, atv's, jet boats ect. 30 to 40 pound ingots per pot.
As someone who is rather compulsive, and has a MAJOR problem saving, with the issue of the proverbial 'money burns a hole in my pocket', and is a compulsive collector, I have NEVER collected money as in cash/money in the bank scenario. I have notes that are no longer in circulation. Using my funds to buy 'something' has always been an overriding 'compulsion'. That said, I have been into numismatics most of my life, but did not until the past 12 months or so, come to realise that 'collecting' SLV or GLD BULLION was a practical addition, and enjoyable prospect. It was unfortunate that this was at the same time I stopped working from an injury. How ironic, the first time in my life I start to have a very practical approach into wealth building...and I stop working! As an fyi, a 1/10 oz gold has increased $100 AUD since. How much I would have made in the meantime. It pisses me off!
I still invest, as in a worst case scenario, selling my inventory at a loss of 20% or so, is still 100% more than I would have had I not purchased, and spent it instead!
I picked up another 3 ounces of silver today....3 Engelhard Prospector rounds.
Don't talk till you own a gold or silver mine.
good on you...........well done
@@therealhawkeyeii7888😂
People seem not to mention that silver looks beautiful, more so in stacks.
I saw on the news, an armed guard at the dock in Rio de Janero, Brazil. It was at the end of the say and a reporter was asking him why he was there. He said it was bean harvest time in Brazil. He was hired by the dock worker to stay there all night and guard those beans because the beans are considered the same as cash in their country. A huge food shortages are coming. FOOD WILL BE THE SAME AS CASH.
I've heard that too and have stocked up on a lot of canned goods, packaged foods and water just in case.
FOOD WILL BE THE SAME AS CASH..................maybe for a week or two as people will panick unessarily. There is food stored that can feed 8 billion people for one hundred years. This food is the best quality stored by the Elite and have lost the right to it
Just bought some silver eagles on my way home
Stacking eagles and bars, how much is too much to be paying? I wasn't going to stavk eagles when they were $7-14 over spot last year when everything else was only $3-4 but if theyre at par weith everything else im working on filling monster boxes. I may not own or be able to afford to own a mine but when im the only serious Stacker i know (in person) i feel more prepared than most.
If you can still purchase today ....do it quickly its on its way up. Today $27
How can I purchase that ?
Lookup your local Bullion dealer. You can go in store and purchase on the day or you can also lock in the spot price and collect your metals, have them delivered (incurs shipping fees) hold it in your possession. Get creative about how your store it. Remember if you can hold it you don’t own it.
I bought a roll of silver a month ago, now look at it! To the moon!
You said to your guest “ you gotta keep it simple for the rich dad / poor dad audience”. That’s soooo rude! You’re basically saying we’re idiots.
Come talk to me about idiots when you buy a silver mine 😂
Nice you are so intelligent. Too bad not everyone is in your flow.
Why not invest in silver? The reason is simple. A silver coin worth $24 costs $35, which is a 45% premium! Not to mention that there will be further discounts when selling in the future. An investment will lose 50% at the beginning. You don’t know when you will make money. Normal people will not invest! When investing in silver, only dealers make real money, just like during the gold rush, the real money was made by merchants selling jeans and shovels.
The theory goes you pay $35 now, in 20 years you sell for $90. Your fiat loses 60% purchasing power in that time.
@@shaunsprogressthat didn’t happen in the past she’s right
the trick is to buy in kilo or pound lots Can I say this....Will it matter what you paid for it if it is worth $75 to $100 by the end of this month. Its value at present is $27 ........... Wall St and Bitcoin crashing this Monday or the next If you have silver I congradulate you for holding on
It’s called price fixing by the commercial banks playing games
What should I buy as an investment to sell at a later time? 5 silver coins, 5 silver rounds, or a 5 oz bar of silver?
You should buy bitcoin
What ever you can get for the lowest premium and closest to spot.. silver is silver
Silver is not a “investment” it’s real money. You want assets dear
Precious metals exchanges offer discount if paying with bitcoin, tells you something 😉
They also accept other fiat currencies as well 😂
Yeah Robert, not all of us are in that position. Yes we can buy shares in mines and own physical not etfs. Saw you live 20 years ago in Australia. Love your work, lot of respect. But a little snobbish with that comment bro.
Silver is crushed by Naked Short Selling period.
Silver is the best known conductor of electricity. Copper is next then gold. Gold has different corrosion factors than silver or copper. That is the reason gold is used in some applications. If gold, copper, and silver were all the same price and there isn't a major corrosion issue, they would use silver.