Gold & Silver Are Bad Investments - Prove Me Wrong...
Vložit
- čas přidán 9. 07. 2024
- #Gold #silver #bank
Join my newsletter by emailing: byb@backyardbullion.com
Looking to sell your gold and silver?
Get in touch - byb@backyardbullion.com
Welcome to my channel where we provide you with valuable insights and tips on selling gold and silver. If you are interested in investing in precious metals or looking to sell your gold or silver, you have come to the right place.
I cover a wide range of topics related to gold and silver, including the current gold and silver prices, gold investing, silver investing, and strategies to maximize your returns when selling gold or silver.
I provide regular updates on the gold and silver markets, so you can stay informed on the latest trends and make informed decisions. I also provide tips and advice on how to buy and sell gold and silver, including the best places to buy and sell, and how to avoid scams.
Whether you are a seasoned investor or new to the world of precious metals, my channel has something for you. So, be sure to subscribe and hit the notification bell to stay up-to-date on the latest gold and silver news and insights. Don't miss out on the opportunity to learn more about selling gold and silver and maximizing your investment returns!
If you would like to support my channel please check out our shop page for all our hand poured silver.
backyardbullion.com/product-c...
Join the channel and show your support by becoming a BYB Rambling society member today!
czcams.com/users/backyardbulli...
If you would like to support our channel please consider purchasing our T-shirts please visit this link:
teespring.com/en-GB/new-byb-h...
or have a look at our website:
backyardbullion.com/product-c...
Stay safe, stay healthy all.
Thanks also to the channel sponsor The Silver Forum!
thesilverforum.com/
A 4k Camera & close ups of coins! What more can you want!?
What do you think? Comment below!
Comments welcome below or email me at byb@backyardbullion.com
Follow me on Instagram: @ BackyardBullion
backyardbullion
Thanks for watching and I will see you next time!
Topics covered in this video:
banking, finance, gold, silver, precious metals, cash, wealth preservation, economic uncertainty, financial independence, store of value, means of exchange, alternative finance, bank withdrawal, financial strategies, personal finance, financial system, economic trends, global economy, investment, asset allocation, monetary policy, inflation, deflation, wealth management, fiat currency, currency devaluation, financial education, financial literacy, monetary history, financial freedom, financial planning, asset protection. - Zábava
Alright lets talk about gold and silver, yes prices are down this year, so why do people buy gold, I buy it to protect me against a falling currency that could continue to go down as time goes on because there is nothing backing it, I like the fact that central banks all over the world are stock piling gold as well, they use it as a means to prop up their currency and for international settlements. Gold and Silver goes up and down through cycles, in this cycle we are in a recession and maybe going into a depression which means prices on the metals could go down further and I am ok with that, they could go as low as 1200.00 for gold and 12.00 for silver and hit bottom around may of 2026, if this was to happen then it becomes a buying opportunity of a lifetime. Banks also recognize gold as a tier one asset which can be used as security to get a loan to buy what you want in life. And Silver, they say, that we will run out of Silver as demand continues to go up all around the world for different applications like solar panels, also I can go to any flea market and trade my silver for market value for food or pretty well anything I want to buy because it has value. Gold and Silver is real money that has been used for 2000 years and all the rest is just credit on borrowed time and we all know that when metals hit their low then there is only one way that they will go and that is up, end of story.
I am stacking my pantry as well as my safe! I try to keep 2 months of food in dried and canned form. In the USA we have to worry about tornadoes, earthquakes, and hurricanes. Several communities have had to go without power for weeks. Others have been completely flattened. Imagine not even having a grocery store or a way to get to one. Semper paratus! Always prepared!!
I love buying and owning gold and silver but as an investment I do agree with you. It's not the worst investment, but it certainly isn't the best either.
"No investment is the worst investment"...should put that on a T.shirt...
@@stuartmcmahon8870 not a bad idea at all 👍
During these hard times we're currently in, countries and central / regional banks are buying as much gold (and silver) as they possibly can. What do they know that we (you) don't? For now, with my extra cash, i will follow their lead 👍🏻
I'm glad you've addressed this..🙏✌👊🤙👍
If gold is such a bad investment why many people buy it and why do every nation have a gold reserve?
Insurance for if or when the currency goes to trash.
We now live in a time which can be compared to the Tulip craze. It's probably worse as many so called investments are just numbers on a computer screen. They have no intrinsic value at all. Fashion changes so quickly that value can be massive today & gone tomorrow. Metal rides the crazy times & will be there when it's all over again.
Smart people don't buy to get rich, they buy to preserve what they've earned over their careers or employment.
Smart people don't buy gold and silver to preserve what they've earned over their careers or employment because gold and silver do a poor job of doing that. There are far, far better investments out there for doing that.
@@frankabler lol I don't think you know the history of gold and silver. Or else you wouldn't have said such a dumb thing. You're looking at it as trying to get rich off of gold and silver. Which is a dumb way to look at it. The right way to look at it is as a defence against inflation.
Everything was explained to you in this video. You obviously didn't understand any of it. Have fun staying poor with your gold and silver. You'll be lucky to keep pace with inflation.@@like-a-twinkie..like-a-twi5312
That's me. Though I wish I didn't have to / feel I have to
Smart people don’t buy to get rich? Are you serious?! Most wealthy people bought stocks, shares and real estate to , um… get rich.
That’s unless you are only talking about precious metals, then I agree.
Diversify with real estate, gold and tax-free savings bonds. Stocks were great in 2003 and 2008 but are now so grossly overvalued, I wouldn't invest 1p. I've literally had FTSE100 stocks go to zero. Trackers did not exist in 1900, 1950, 1980 or 1990. They emerged and proliferated in the 2000's. U.K. property has increased 4 fold since 1999 whereas FTSE100 is still at same level 24 years later. Gold is up 5.5 times same timeframe
You're looking at the wrong stock market, mate.
I buy Silver/Gold mainly for my sons future inheritance, but its also good to get the cash out of my bank account and used for something good, otherwise id just spend it...
You have to realize the banks know they have to make silver look like it is more worthless than gold because it is more important to keep the manufacturing side of things running for the economy to thrive.Its the whole point behind manipulation without trying to make it obvious to the general.
BYB believes this idea of super rich people conspiring to maintain power is a theory.
The last quote from Buffett you used, considering gold if he was less wealthy, is very interesting. He's basically saying two things. First, that your risk tolerance goes up if your wealth is way more than you'll ever need as you can afford to loose a lot before it influences your standard of living. Secondly, by subsequently mentioning gold, Buffet acknowledges that gold within a portfolio actually makes the drawdowns smaller, i.e. stabilises one's portfolio.
Not only backtesting over the past 50 years, but also doing the math with linear regressions and correlations proves this point. Stocks generally do well during times of optimism, bonds during times of declining optimism and gold during times of pessimism. If your wealth isn't as large as Buffett and you cannot take 50-80% drawdowns, you need to protect against drawdowns in stocks and bonds during pessimistic times.
Question why are some of the wealthiest people buying large quantities of gold and silver? Why are countries buying draining the comex? Why are all the central banks and large institutions buying? Follow the money....
For me precious metals only need to do one thing and that is store wealth.
I don't want to invest my earned income, I don't want third party risk. Inflation is so high that getting a return that keeps pace with inflation pushes me further up the risk curve.
I also don't want to store my earned income as fiat currency and have my purchasing power eroded over time by inflation.
I want something that obeys fundamental natural laws. I guess it costs a certain amount to mine precious metals from the ground, machinery, transportation and refining. Then minting and marketing.
So I figure if the cost of producing a gold or silver coin or bar increases due to inflation then the value of that gold or silver product should increase.
I can't imagine the energy and machinery costs increasing for any prolonged amount of time while precious metals just get cheaper.
I don't attach as much importance to the spot price so much these days. Premiums remain high regardless. Retail prices seem to have had a different trajectory from spot prices in the last year.
This is my take without me factoring in any belief in instability in bond markets, economies, fiat currencies, real estate markets global war and pandemics.
I like real assets, metals, a shovel , a tractor, sure you can speculate on other assets, but if their just a book entry, their not real.
How many Dow Jones companies in 1920, are still there today ?
Hence passive, not active, investment.
Yoooo I remember when you had like 100 subscribers, back when I still had access to the Silver Warrior channel. It's awesome to see how far you've grown!
A piece of paper is worth nothing unless it is backed up by military power.
Gold is not an investment at all, it is money... Plain money.
And gold never appreciated vs other currencies. The other currencies devaluate vs gold due to the huge monetary mass increase (much larger than the annual gold mined from earth)
Some say "gold is not money because you can not buy things with it, and you have to convert it to local currency"
Rigth. Same as I can’t buy goods in a store at Germany with dollars. Goverment (EU in my case) law settles that the ONLY money you can use in the terrritory affected by the law is €.
Is a crazy thing. Local money (€,$ £ ¥) is mandatory: you must USE it to buy things by law, and you MUST accepted as paid method by law (if you dont Accept It, the obligation is cancelled).
Gold is money, but no single country (group of nations like EU) use It as their local currency (but they stack it), that is why you have to convert your gold if you want yo buy food in a french grocery... You also have to do it with your dollars.
Silver and Gold are terrible investments, it's true! But they make an excellent hedge. PMs are NOT investments. They are excellent tools for wealth conveyance as well as preserving wealth through financial transitions. They were only good "investments" if bought decades ago.
I don’t need to prove you wrong- you demonstrated that yourself
How so?
Yes, how so exactly?
Toilet roll...awesome investment..✌🤙
I'm using metal as wealth preservation. Having shiny metal in my safe looks better than a negative 401k
It might not make you rich, but it's an insurance policy.
....note that the devaluation of British pound currency is about 99% a devaluation against gold. Currency is not money...its currency. PMs are money. ( Gold has averaged 10% increase in value over the last 20 years)....its the devaluation of currency that is the relevant thing right now.
If it gets to apocalypse then if you do not have lead...you are in a losing position. Tbf...beans might help....a warehouse full.
Why would you need to have lead?
Generally, you are right, speculation ("active investment") is times more profitable than passive investment in any commodity. Real productive assets (like land) retain value better, than metals. Gold and silver won't make you richer, unless you actively trade them, like others trade stock etc. But precious metals definitely can save you in some situations (my own experience), they are relatively easy to buy, sell, carry and store so it is good to have some for backup.
Buy precious metals to maintain wealth, not gain it.
Fantastic video
In general, an investment is something that you can expect to give you income; land: crops and rent, bonds: interest, stocks: dividends from value creation. Gold and silver are more "stores of wealth". Sometimes we get them confused.
Gold and silver are insurance not investments. Any more than 10% of your net worth is silly imo.
personally, i see silver and gold are long term investments. And a better one when comparing against your retirement fund.
The federal government said they are artificially keeping silver low so yes the government is keeping it from being where it should be
You buy silver, you lost 20% right off the bat.
Basically, like this. APMEX is currently selling generic silver rounds for $28.45 with the silver spot price at $22.96. Any investment that has an immediate loss of 19% of its value (sell back rounds at spot) is not a bad investment, it's a HORRIBLE investment. ($28.45 - $22.96)/$28.45 = 19% immediate loss of money. And let us not forget to mention that the spot price of silver DOES NOT even up keep the pace with inflation. You have a real loss of value every year even though the spot price of silver does slightly increase.
@@frankabler UK Royal Mint 1 ounce silver coins, £24.30 + tax equals £29.16. Thats US$37.02. Or a 63% mark up on market rate. Im buying toilet rolls…..
@davidwebb4904 Here in the US we can get 1 oz generic rounds for $1 over spot with no taxes. So that's $23.96 out the door. Purchases of G & S is not taxed here in the US. I feel for my brothers over in the UK. Good luck!
@@frankabler The price we pay for physical silver. They don’t want us doing that. They want to be selling us virtual silver, for more or less market rates. But it doesn’t exist in reality. They sell ten times more gold than actually exists, probably silver is just as bad. Making this a pyramid scheme. Like fractional reserve banking is. When this scam collapses, only those with actual physical metals in hand will have anything. And for that security, they charge a fat premium.
Yea but my roth Ira pays tax free dividends. I'm getting out of metals. It was fun but I wasted alot of $
Im keeping my 25 Sovereigns my 1oz bar, my 10 gram bar and my 1kilo silver bar for my old age.
It’s a form of wealth preservation but how do you think we will get more people to become stackers when you put out videos with titles like this it’ll turn a lot of newbies or potential stackers away
Use your head. The fewer stackers there are, the more gold for us enlightened few *rubs hands*
last year I bought some Rolls Royce shares at 80p. I held them for about 11 months and they went to 160p so I bottled it and sold them. Within a month and a half after I bailed they shot up to 206p. Do you have any idea how painful that is 😂. The joy from money I made doesn’t come close to the disappointment of selling too early.
You will never buy at the bottom, and you will never sell at the top.
Hi what site do you use to buy shares ?
@@Rigz. Hi, I use Hargreaves Landsdown .
@@mik1967 That’s true. Wasn’t it Warren Buffet who said “ don’t get greedy, always leave enough for the next man “.
I think I’ve definitely left enough for the next man 😂
Firstly dollar will collapse either way, secondly gold and silver arent really an investment but more like a savings.
Oh please, another predicting nutter lol
First, the USD will never go to zero, although it is losing value already. That is inflation, the products aren't worth more, the dollar is over printed, which makes it lose value. I don't know if it will take ten or twenty years, but I think the value of the dollar will fall by half. Metals will have the same buying power as it does today. Actually, probably even more, because they are trying to limit mining in a lot of places.
The USD will go to a Trillion, just like in Zimbabwe . . 😂😂😂
"Metals will have the same buying power as it does today." So will all other assets. So that raises the question, why are metals the best investment for preserving wealth? Why not stocks? Why not land? Why G & S when there are so many other assets you can invest in?
@@frankabler Very few asset classes are good investments . . but the P.M's are the best of the worst . . I have seen stocks go from billions to low millions . . houses are not liquid . . farm land maybe, if you want food
Hello- and just how much debt is stacked up on your dollar money - and just how you going to explain or pay your way out - that’s right ! Your totally bankrupt ,,,, and then some . Can’t you see - really can’t you see? You’re all faffing around like oh, better invest here - better sell there , wake up why don’t you - your government is as bent as a donkey’s hind leg. If you believe the news and the feeds - get yourself some sand , and bury your head.
I can’t vote - I can’t invest and I can’t trust any of the lying cheating self serving politerati . I’m just an ordinary family man- I’m telling you - very soon we’re all screwed
@@frankablerI'd buy land if I could afford it ☹️
Will the dollar get south? Is it even possible? Well, the current system allows the US to contract as much debt as they want, without any consequences. It is not a fair game. Remember back in autumn 2023, when Liz Truss tried to contract more debt for her budget. The pound fell down, and she had to scrap her plans. Yet, when the same happens in a much larger scale in the US, almost nothing happens. The markets are twisted in favour of the US. Would you trust a manipulated currency like the Chinese yuan?
Gold and silver have stood the test of time. I'm not sure stocks will. They're not even in your name (your ownership) anymore in a nominee account. They're now IOUs too!
It's not an investment move...its savings..2 very different things.
The problem with the pet rock game is that people get into it for the first time on hype when they see things going up, buy a load of random stuff with a huge premium and then get disillusioned.
Instead of doing that, if people add when things head towards the cost of production and stop buying or sell a little back when things get pumped they’ll build a good safety net of having wealth that isn’t reliant on anything else.
I’ve bought 1oz of silver since the end of 2017 (rare coin I came across at random) as on the time scale I’m working on there hasn’t been value for me in the market despite what people think of the “price”.
The only money in metals is if you day trade them. And you need a thick skin for that
@@davidwebb4904 … I understand your sentiment but I think that people’s tolerance for timeframes changes after they’ve jumped in.
I got into things when Gordon Brown decided to flog of the UK’s gold. Apart from 1 oz of silver (numismatic reasons I saw mispriced in a countryside shop) I haven’t bought anything since 2018 (…BYB group order IIRC) and apart from 20oz of Ag bought in 2013 that’s the only thing that’s underwater.
… It just comes down to if a couple of decades of having stuff tucked away in a dusty cupboard is worth the wait for you.
Am I the only one that stacks small amounts of foreign currencies as part of my portfolio?
Tiny part for sure, not comparable to the shiny metals or the investments~
You might be the only one, but if you have a reason, it might work for your situation.
@@fin59shaw fair enough 😅 simply a further layer of protection in case the Euro suddenly starts going down, in that case I can just convert pounds or yuan back into euro.
Yeah, I have my leftover Turkish Lira from my vacation there in 2020. Since then, its lost 75% of its value. Might as well throw it in the trash.
@@Ludovico__ Believe me, I'm not trying to argue, but this is a good discussion. To me, Fiat currency issued by governments is all the same. Situations may happen to collapse one currency or another. If your own currency collapses, you can exchange Gold and Silver for whichever currency you want. I would rather have something universally accepted. If you offered me 1000 £ ¢ € ¥, whatever, I wouldn't know what to do with them. Easy is best, I think.
Everyone should know when the world ends a tin of beans is way more valuable than any currency
What happens if you need to barter and trade for those beans?
@@pat2430 you barter with the tins of soup
(invests in nitric acid, copper and pyrex lab equipment)
Invest in Opium seeds…
If you buy at high prices factor in the premiums it may take a lifetime to recover those losses, the truth is at some point you have to convert back to cash so in my opinion it only makes sense to buy very low prices. For me I'll wait for years for gold to drop at least 500 dollars till I'm buying again
On the button friend!
10-15% of your investments in precious metals is a d good way to think about it.
Sell it then. Should call you Jack, seems like you are in dire need of a beanstalk. The desire for precious metals in my opinion will never cease, bullion is bullion if you just have a one dimensional view of it.
Gold and silver have uses in technology to which we are still quite in the infancy of and if we want to make more machines/gadgets we will need the metals.
The metals can be turned into jewellery/art, which is always changing to suit the time period. You can turn silver into flatware and tableware, this hasn't stopped for thousands of years. Silver can also be used in various medicines and is naturally anti viral, Gold is also used in medicine/dentistry due to it being so inert and nonallergenic. The metals are heavily used in multiple religions in different ways.
Even after the fall and upheaval of empires precious metals have always been used because they are stable, predictable and trusted. Before Russia invaded Ukraine they were stockpiling Gold for years, they knew sanctions would be implemented on them but their economy is still stable, partly due to the Gold.
I could go on. Yes I understand if a SHTF situation happened things would drastically change for the metals but it would change everything non-physical.
Sometimes I feel like we put too much weight on the monetary value of the metals, I buy them more for the pleasure because I am a collector.
I feel like you are the pot calling the kettle black, precious metals are your business are they not? You invested in them, built a social following around them, built a business around them and reaped a healthy living from them. Such a bad investment 🤡
Where do you live they are still using gold in dentistry?
You're saying he's a bad person because he's honest? G & S are bad investments, just look at the charts. Listen to the video.
@@frankabler Never said he was a bad person. All I am saying is it is about perspective. Is it a bad investment if you need a crown on your tooth and you want gold as its material? Is it a bad investment if you need silver cutlery if you have a nickel allergy when it comes to other cutlery? Is it a bad investment if you want to celebrate an occasion with gold/silver jewellery?
The precious metals won't make you rich in monetary means in the short term. I have bought many uk sterling items over the years and they have increased in value by silver slowly increasing but I get more enjoyment out of using them.
Its wealth and money.
Yes, there is a place for gold and silver, the only part that people don't understand is the fact that gold and silver will not help you while the crap is hitting the fan, they are better used for when the crap that hit the fan has settled. Of course it is obvious that you can't eat silver, and that is their biggest argument, if not their only argument aside from not everyone knows what precious metals are, but that doesn't mean you shouldn't have them. If you are able to weather the storm and everything settles down, you are going to be far ahead of everybody else.
I'd rather buy baked beans, but at 50p a can my garage would be full with just 2K . . #onekruggerand
At no point in human history were the wealthy rich because they owned a lot of gold - it was productive land and today it's still land and assets that generate an income. Get sorted with property and productive assets before you dip into gold. Buffet doesn't like gold because it just sits there and isn't productive (doesn't generate an income) - that doesn't mean you shouldn't own some it just means it shouldn't form the lion's share of your net worth. As for silver well that never made anyone rich (ever) apart from the merchants charging the premiums and before that those selling pick axes during a mining craze
Every fiat currency that has existed throughout time has eventually expired, this is well known, and accepted as inevitable because it has the fundamental flaw of not being a finite resource, extra money can be printed at will, and overtime this waters down its perceived value, this tin can is kicked down the road until its no longer viable to keep doing so, then a reset of all debt will be agreed. This will cause genuine hardship for all but then another currency will be deemed as an acceptable replacement.
I would agree that they are bad investments, simply because they are not investments. They are money and money itself brings no yield, all it does is store real wealth which is your time and energy. Investments require risk and return, and a lot of that return comes from profits. An ounce of gold doesn't yield a profit because an ounce of gold is just an ounce of gold. Even if it's currently extraordinarily undervalued, and then you compare it to silver where the ratio should be below 30, making silver even much much more so extraordinarily undervalued
Well said
If it's money why can't I spend it at any stores? I have to sell it to a dealer at a loss for real $ before I can buy anything.
Because gold & silver are not money in the United States. Not since August 15, 1971.@@privatecitizen4001
Same as I can’t buy goods in a store at Germany with dollars. Goverment (EU in my case) law settles that the ONLY money you can use in the terrritory affected by the law is €.
Is a crazy thing. Local money (€,$ £ ¥) is mandatory: you must USE it to buy things by law, and you MUST accepted as paid method by law (if you dont Accept It, the obligation is cancelled).
Gold is money, but no single country (group of nations like EU) use It as their local currency (obviously), that is why you have to convert it if you want yo buy food in a french grocery... You also have to do it with your dollars.
Didn't the man make Warren Buffett sell his silver ?
No argument here, here are some facts!! In 1920 on average you could buy an acre of land for 3 1/2 ounces of silver!! Today on average that same acre would cost you 7 1/2 ounces of gold!! If you bought one thousand announces of silver January 1, 1980!! You would’ve had $39,950. If you had that same 1000 ounces of silver today. You would have $22,830!! If you have no problem losing $17,120?? In just 43 short years. not a bad return!! CASE CLOSED!!! 😂😂😂
Indeed it would smell 😁👍beans beans the musical fruit
Yeah silver and gold might be all that. Clue #1. Maybe you should pay attention to what is backing the BRICS Nations currency, as well as Centersl Banks. Governments are buying record amounts of Gold, and one of the largest financial institutions in the world has been buying tons of silver. Who would you rather follow, this guy, or the ones I just mentioned?? Blahhhblahhhblahhblahh.
Gold and silver are the only way I can get rich. Its the only way to save that actually works. I been scammed in stocks and have seen the declines, crypto caused massive losses. My family was ruined by property taxes and having a what they call " vacation home" so we could not get any financial help. Bonds pay well below the real rate of inflation, annuities depend on a counter party actually being solvent and still around in the future.
Gold and silver is literally the only thing that does not screw me over.
My understanding is that gold has, on average, returned more than 9% per annum for the last 50 years, I could be wrong. Gold is not an investment it's savings and not something to hold to compete with the best performing investments at any particular time. Gold is money.
Lol, put down the crack pipe haha!
@@bobsibert1968 If you don't have anything to actually say your comment is nothing more than a meaningless troll. Why not contribute rather than be pointless.
Buy Bitcoin. The apex predator of money.
Buy toilet paper and toothpaste……
Bottles of whiskey is better
Spat my dinner out laughing at that one - I hope it’s humour David x
Agreed. It’s loosely akin to whole life insurance. You eventually have an annuity of sorts. In a perfect world you would buy investments that pay dividends and use the dividends to buy physical metal.
1970 in the uk a ounce of gold was £100 now £1.900 not a bad return especially now fiat is next to worthless
Have you read the book of Revelation in the Holy Bible....?
I don't have to prove you wrong. Reality has already done that. But you and Normal C. Bias just keep telling yourself everything will be fine.
ID rather save silver or gold than fake money.
In 100 years gold went 40x its value ($47 to $1920). Stocks that lasted until now have gone up 160x value. The only loser is paper cash. Right now my investment has been in copper, brass, nickel in the form of new plumbing and water filtration, worth more than gold and stocks right now!
Clickbait
How? Not clickbait at all....
@@BackyardBullion Gold and silver are a bad investment?
Yes, they are.
@@BackyardBullion Well I thought you were being sarcastic, my apologies on the Clickbait comment, and I agree they are not a good investment
@@BackyardBullionAPMEX is currently selling generic silver rounds for $28.45 with the silver spot price at $22.96. Any investment that has an immediate loss of 19% of its value (sell back rounds at spot) is not a bad investment, it's a HORRIBLE investment. ($28.45 - $22.96)/$28.45 = 19% immediate loss of money. And let us not forget to mention that the spot price of silver DOES NOT even up keep the pace with inflation. You have a real loss of value every year even though the spot price of silver does slightly increase.
All the youtube silver guys are hilarious !! Making content for clicks when they don't have a clue what the future holds.
What are you accusing me of exactly? CZcams commenters can be vile
Nobody knows the future. That seems like a worthless comment
It's not your fault he's an idiot. Carry on, mate.@@BackyardBullion
@@BackyardBullion These people are very envious that some people can afford to stack silver and gold.
@backyardbullion just another jealous troll ignore the negatives, if they don’t like the content, easy they switch channels
Silver and gold are not for investment purposes. It's a hedge. Protection. Insurance. Another way to preserve your wealth. Nice video. Love that Dutch accent of yours. Ha ha. ✌ ❤
Its all sleepy Joe's fault