Silver & Gold vs. Real Estate - Everything You Need To Know!
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- čas přidán 1. 06. 2024
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In this video I talk about:
- How much Gold & Silver exists per home on the planet.
- I show you detailed performance for Silver, Gold, and Real Estate from 1987 to 2023.
- I show you which asset (from gold / silver / real estate) has performed best since 1987 using multiple metrics.
- I answer a viewer question on when I plan to sell my mining stocks.
Be sure to watch to the very end because it is full of useful information.
None of this advice - I am not a financial advisor - this is educational material!
Links to Data Sources:
Gold Price History
www.macrotrends.net/1333/hist...
Silver Price History
www.macrotrends.net/1470/hist...
S&P500 Price History
www.macrotrends.net/2324/sp-5...
Median US Home Price Data
fred.stlouisfed.org/series/MSPUS
Top Assets Ranked Nov. 2020
web.archive.org/web/202011120...
Top Assets Ranked Jun. 2024
companiesmarketcap.com/assets...
GDX Performance Data
www.tradingview.com/symbols/A...
Tin Price Data
tradingeconomics.com/commodit...
Iber American TradingView Data
www.tradingview.com/symbols/N...
This video was conducted on behalf of IberAmerican, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: portal.goldstandardir.com/dis...
#silver #silverprice #gold
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The average cost To build a 4 bedroom house in 1870 was $700 ÷ $1.40 (1 ounce of silver) = 500 ounces of silver. The average cost today to build a 4 bedroom house is $440,000 ÷ 500 ounces of silver ≈ $880 per ounce
.. and that's how undervalued and manipulated it is! 😊
Rafi was talking about 78ounces would buy a house very long time ago he thinks that will repeat
@@Wis-husker Its not just that its been manipulated, its gone through several deflationary phases. First in the mid 1850s huge supplies of Silver came online over the next 5 decades. It was mostly only used as a monetary metal, so there were huge stores of it. It wasnt until the early 1960s that Silver demand outstripped supply because of Photography and electronics. Then in the early 1980s, supply caught up with demand and the price was suppressed over the next couple of decades as globalization came to fruition and Silver losing its use in Photography. Today is a completely different story. Now for the first time ever, we've found so many uses for Silver that now the Demand is considerably outstripping supply. So much so that it will probably only take 5 years for the above ground supply to completely dry up. At that point, we may see those lofty Silver prices, especially if we cant source more Silver.
@@Main1Event Thanks for the info.! I wasn't aware of that. 👍
@@Wis-husker The reason silver is cheap right now is Belief. People value anything based on Belief. The Dollar holds value because people believe it has value. Silver has been so cheap for so long, people believe its not worth that much. However, the more precious and rare something becomes, people learn to appreciate its value. Once people cant get ahold of it, even if they want to pay $10 or $20.00 over spot, we will see people adjust their thinking. Silver is so crucial for modern society today, and future technological growth, that once Silver comes into short supply we are going to see it skyrocket in price. People are severely undervaluing and underestimating Silvers Scarcity. Total mining in the world is 800 million ounces and we are expected to use nearly 1.2 to 1.5 billion ounces in the coming years. Thats nearly 400 million to $800 million shortfalls in the years ahead. Silver mines are very rare, and take 10 years or more to come on line. Even the largest Silver mine only produces 18.5 million ounces of Silver. You'd need 20 more of these mines to come on line to make up for the future shortfall. Thats not going to happen. If you arent already buying Silver you should be because its only going to take between 2 -5 years for people to figure this out. Once a shortage develops good luck getting any silver. AI is going to consume huge amounts of Silver along with Photo Voltaic Cells.
Wow, that's a 3 to 1 ratio. With more silver being used up than gold, it brings into perspective how fudged silver numbers are. I will keep buying more silver.
I really appreciate how thoughtful (and concise, and clear, and realistic, and level-headed) your presentations are. Thanks for being Bald, Bald Guy.
Thank you so much for watching and joining the live chat today! Hope to see you again in the future.
your a smart cat bald buy and appreciate the detail and attention on your videos it simplifies everything and easy to understand, keep em coming .
Thank you so much for watching! I will keep them coming - I am going full time on CZcams very soon!
Good Morning Bald Guy Money from Ron's Basement Dweller Family
Thanks for coming! Love Ron and the Dwellers!
@@baldguymoney5568Us Basement dwellers like to hang out where we get truthful information, and great personalities, that's why we hang out with you, too, Bald Guy, you are awesome.I love all the common sense, and logic I get from both of you.😊
Excellent video today, I do have a couple of comments. First, real estate has annual costs - property taxes, insurance and maintenance costs are currently in the 1.5 to 2.5% of the evaluation of the home. If there is a mortgage on the property you also have interest. If you consider that you need shelter, then you should consider these costs versus rent. Second, capital gains on gold is not an issue if you don’t plan to sell and are holding as “insurance” against financial catastrophes.
Very good points! Thanks for sharing them.
I would also add con that real estate take a lot of time to maintain. Between agents, tenants, attorneys, upkeep, and contractors, its a big time suck.
True!
If you have an opportunity when you go out food shopping or getting gas , say hello to people . Most of the people appreciate it especially the older folks . Yeah sometimes the old guys can start talking when you don’t have much time to spare but sometimes they need that . I know it’s off-topic i’m just saying.
I do that all the time. Respect for others is important to me.
Yes, I’m one of those old guys (77) that tend to talk too much, lol 😝!
@@langjr0 Ain't nothing wrong with that.
SMILE AT EVERYONE
❤❤❤
I’m way over on silver and a little short on gold
Thank you for your videos! So many others send out emotional videos about silver going to $1K, but your analyses are thorough, measured, and realistic.
Thank you for watching!!
Yeah like 500 ounces of Silver in a middle 🤣😂🤣
Storing 200k of gold in a coffee can well hidden costs very little storage. Secrecy has a very low premium.
I, too, will seriously consider disposing my PMs in such a way that Trudeau gets squat.
If I cash in USD from a vacation and turn it back into CAD, I do not declare a cap gain/loss. In principle, I will also not consider cap gain/loss when trading maples for other money. My coins say $5 and $50=money.
Gold comes out of mines and goes in vaults....silver is used and doesn't get recycled much
That has a lot of truth in it!
not quite true. A lot of gold is used in electronics making IC chips and plating electrical contacts/components. There is a huge industry in extracting recycled gold.
@@cjoe1950 not quite true but mostly true.
Thank you for all your content. I would love to see you cover 2 topics.
1. Where you get your data as well as how you navigate through it.
2. As an addition to your latest video silver and gold vs real estate. From 1987 through current time, how many dollars were in circulation compared to the average cost of assets such as gold, silver, and property. This will prove the case for an asset price correction/bull run for the physical assets.
Thank you so much,
Alex
Property is a gamble. If you’re unlucky and bought a house with defects, it’ll be your biggest nightmare. Repairs & renovation costs a bomb these days.
Everything comes with risk - it's best to understand that risk! Thank you so much for watching and sharing your thoughts.
Once the greatest commodities are no longer tied to the paper price, Gold will buy large purchases and Silver would be a great way to replace fiat or replenish your Gold supply.
I've been talk8ng about this metric for a few years. Those of us that have some, and these numbers are small, are way better off than those that have none. Thanks for focusing on this.
Great point!
Excellent analysis as always! I know when I click to watch a Bald Guy video I will always get well researched analysis.
That’s really nice of you. Thanks!
I can think of several counterparty risks for gold and silver off the top of my head (1) government confiscation (outright, windfalls profit tax, regulation) (2) Crime (robbery, burglary, theft), (3) Perception (people might not perceive the value of gold and silver and want other items or paper currency instead, even in a SHTF or hyper-inflationary economy).
Keep metals out of country, sell when you want at auction, keep metals in an insured facility, use silver as barter for food, goods and services or to trade and use gold to trade for what ever currency your using, all kinds of place by gold and pay cash for it along with silver.
(1)the country isn’t on a gold standard anymore so only a small percentage of people own it. most states are doing away with taxing metals when you sell. (2)an ounce of gold is $2300 today so you can literally hold a big sum of cash in a small amount of gold and stash it where nobody can find it. a robber would steal cash before gold. don’t tell anyone you got it. (3) it is wise to be diversified and hold cash as well but all throughout history you see the hyper inflated currencies thrown out in the streets and little kids playing with it because it will be worthless.
gold is and always will be real money. there is NO counter party i.e bank or institution that has the ability to take it away from you because you own it and hopefully its in your possession. people think they own the dollars in their wallet or bank but its the federal reserve who owns it. they are the counter party.
@@junbug2427 Right on, Gold and Silver are Real Money, all the rest is just Credit on borrowed time.
Should we be saving our food cans? Something the poor folk can do besides collecting per 83 penny's? This is a sincere question.
I really enjoy your work on this channel. Analysis is not my forte, so hearing your perspective is always helpful.
Glad you find it useful.
A very balanced look at the diversification of assets
Thank you!
Really enjoy your insight and knowledge, BG. Super interesting content. I love learning.
Thank you so much Timothy. You are a valued viewer.
@@baldguymoney5568 Honored. Semper Fi
Putting your money in a primary residence has to consider the rent you are not paying. A big chunk of money.
Yes I was thinking the same thing. It's a big deal. If I were buying in the US now I would steer clear of cities and areas with high property taxes and focus more on the size of the land than the house. Keep overheads to a minimum. Then you have a roof over your head, land to grow food, lower property taxes, lower overheads generally and could even grow your own firewood.
Good afternoon Bald Guy,Detroit Grand Prix yaaaaaaaaa! Thanks for all your hard work 😊
Ooooooh yeah!
Wow!!! So interesting!! Thank you for all your work!!! It is appreciated!!!
Glad you enjoyed it!
I love you show, you show the numbers and they don't lie! Thanks man
Your videos are extremely informative. Thank you.
Thanks for watching!
Great Info BG, thanks for all you do....
Gold an silver market is tiny. It will not take much for it to rocket some day.
Only once Folk demand delivery for their paper gold and silver
Thank you for starting with the number it’s very much appreciated, solid work on the percentage needed for silver and goal on your previous videos bald guy
Good work Bald Guy! Question: can you do pre-33 Gold performance (bullion + numismatic value)? Maybe just do $20 St Gaudens non-key dates to make it easier? Thanks.
Good morning Bald guy looking forward to today's show keep up the great work 👍
Good morning. Looking forward to the live chat.
Another great video. The annual appreciation was eye opening, seems like a super safe investment.
Missed your live today but enjoyed your content as always. All the best.
Thank you! You too!
Real Estate has a lot of planning risk. Unless you can figure out a way to eliminate taxes, deferred taxes can bite you if you need to sell in older age. Even if you’re family leaves you real estate, bad planning can lead to major hit in taxes.
Rental income is taxed way lower than earned income.
Thanks for the practical approach as always, Bald Guy!
Cheers!
Easily top 5 best #PreciousMetals CZcamsr 👌🏼 stay #Gold my friend and thank you for delivering the valuable goods 👍🏼
Thanks brother! What other channels do you like?
@@baldguymoney5568 i got SilverSlayer, SilverDragons, Peter Schiff, lynnette Zang, Rick Rule, George Gammon, TedSpeaks, and Mike Maloney in no particular order.
That's an interesting crew.
Great content!
I've had a duplex since 2000. Rent one side and live in the other. The rent has help many times. It's not perfect. Lots of bills. Expensive bills. Only 32k left to pay off. Started at 75k, current value around 135k. I'm going to try and use the rent for gold and silver purchases. This is my retirement place. Too old to restart a mortgage.
Thank you so much for sharing that!! I am big believer in real estate for the reasons you shared.
Those numbers really put the gold/silver ratio in perspective.
They sure do!!
When I sell my G&S. I'll make sure this government will get nothing. FJB
Not a Yank, Singaporean & proven veteran foeman of the FRBNY but not other Feds. Pray tell me how? When that Bradley or Abrams turn up at your home? Got any ATGM (like a Javeline or AT4 spigot or Milan) or 3rd gen low light night vision kit or 155 mm howitzers on call ready to rain down a shite load of shite. Resistance is futile, your hard earned Gold & maybe even the silver might be taken away. Nope. To reduce the risk of them ijits drunken sailors taking it away, stick to US Fed Mint US Soverign legal tender coins. Like silver & Gold bullion Eagles. Your Scotus will almost certainly take exemption to confiscation of US Soverign Legal Tender Monies. Through it will not hurt to exercise hard your Consitutionally protected 2nd A rights. Capiche Yankee 😊
Baseball cards were huge when i was a kid. They got overproduced and are worthless now. If silver gets popular it could be impossible to find quickly.
I use to trade 2 Willie Mays for 1 Mickey Mantle in the late 60's...
@@silversleuth007 Ya Mickey Mantle is very expensive now. I bet you wish you bought a ton of them back in the day. You'd be on your own island right now.
@@curtdulle642 ... I sold all MM but one. Ungraded. Most on Ebay. They were hard to get out of the packs, so I chewed the gum and traded with others in my itsy bitsy town. One diehard Willie Mays fan, Cinn Reds fans, and a couple indians fans. One year, I think 1969, Topps included some decals. Those did very well on EbAY.
Thank you BG. Always look forward to your analysis..
You’re bang on again. Silver did dip below $30 and today it’s $31.50. After a hault at the bottom, it had a small rebound followed by $1.25 gain today. Good call
Thanks! I am glad somebody noticed.
@@baldguymoney5568The timing was a bit off. So it thru your viewers off.
Time has to be given for these things to develop always - I certainly wasn't expecting what happened last Friday though. I don't think anyone was.
@@baldguymoney5568well JP Morgan and associates take any weakness and smash it down. Although these short positions cost $, Feds will compensate. US government will go to great lengths to protect the petrodollar.
Allways great info.
Im glad i own some PM but the roof over my head is my #1 asset...home owership is wealth building you pay one way or another for a place to live
Thanks again bald guy. Giving us all lots to think about
Thanks for watching.
Great video, thanks once again bald guy.
Thank you brother for passing on your wisdom, greatly appreciated 🤝
Be well sir
Excellent! Thank you!
Glad you enjoyed it!
Great content, BG$$! (snuck over from The Basement 👍)
Thanks for coming.
Excellent report 👍👍👍👍👍
Many thanks!
Thank you, as always! 👏
Great Alalysis sir!
Thanks for watching!
Great info!!
Thanks for watching!
GREAT INFO!!!
Glad you think so!
My mom put 2 bags of silver coins (about 5lbs) in the safe knowing what was coming. I love you mom 😢🙏❤
Thank you for the video, Bald Guy.
Food, Property taxes and homeowner's insurance are my only involuntary expenses.
My truck, gas, and maintenance are my luxuries.
Frugal is fun.
Lead, brass, silver, and gold for the win.
Heck yeah brother!!
Gold is the best unit of account to ascertain the relative value of any asset as its value remains constant in relation to fiat currencies. Real estate is the wool pulled over everyone's eyes to ignore the fact that excess money creation has destroyed the spending power of Fiat over time. Ironic that a house is the only asset that appreciates in cost as it depreciates in value over time.
Another great video, thank you sir
Thanks brother!
Thanks for this great analysis. I will stick to gold.
Thx bald guy
SPOT ON!!!!🎯
Real estate, as an investment, should also generate income while you hold it. Gold/silver don't. If I see an opportunity I will convert my metals into an investment property. For now, I'm stacking!
100% agreed, my sisters invested in rental properties, the value double at least and they make small profit every mth. My stack still here doing nothing only recently start to increase in value. I m glad they did not listen to me. Holding anything is still better than fiat.
Please do a video like this one but include other things like the Dow, nasdaq, s&p and bonds/treasuries as far as performance during this same period, along with dialing in more specifically on things like metals to other commodities rations (gold:housing, gold or silver to cars etc)
I appreciate the analysis. You really break out important concepts that can help people break free from the experts that sell their products to the willing. You highlight many key points that I learned after investing in gold, silver and real estate.
Thank you very much for those kind words.
The Australian house prices are still going up, Brisbane alone has double in the past year. The average Sydney home price is $1.6m. The great Australia dream now is to live in a tin garden shed of a rich person. In 1998 the prices started to go stupid and when leveraging with loans in such a market if it goes down it will take all your assets no knows when the bubble will burst.
You can make money off your metal stack loaning it out for an interest rate. That is if you trust your counterparty
There are many issues with that - namely what they give you back.
TY
Just a question for when we decide it’s time to trade in part of our stack.. which location is best to go to for selling for the best price ? Coin deals ? On line companies ( SD,Bullion Exchange, monument, pimbex )? Local coin dealers and pawn shop folks were buying for less than spot ! How long does that last ? Which place is the best… The Vatican ? Hahaha - just a joke about the riches - but yes selling is a whole new world . Please let us know!
Interesting commentary for people that are not in the know and need reassurance that purchasing metals indeed is the right thing to do over the long run. I would be interested in your view on how crypto is going to preform when the next big crash comes, some say it is cash based and will falter when the bubble bursts, what do you think, personally I would never own any but do think its a question that many would like to get an answer to before that time comes. Maybe you can convince some of the holders of crypto to sell and buy metals, just think of what that would do to metal prices if the majority switched their investment to physical metals instead of numbers on a screen.
In real life - I have considered a major Bitcoin bull to buy Gold. He purchased 10 ounces as a result of my persuasion. I also hold Bitcoin by the way. That was not hard to be convinced to either.
@@baldguymoney5568 When the real crash comes in Real Life, my feeling is its 50/50 on whether crypto will crash completely along with it and probably never come back to the highs that it ounce was, where I would place the odds of Gold going to zero value not going down to less than half of it value in the worse case scenario, but would bounce back to all time highs when it is reset by the central banks of the world, and don't forget the central banks are stockpiling gold for a reason not bitcoin. Thank you for your views on that subject, but I am still not going to hold any bitcoin and if I were holding it, I would exchange it for gold, silver, copper and Art. Now one more thing, maybe you should mention to your viewers is that another great form of investment is Art with Auction history, I personally have been in Art investment most of my life and there will be lots of bargains coming on to market in the auction houses very shortly, as I expect prices to be a lot lower than they are right now.
As of Friday, I think it is time to sell off my equities but keeping all the mines and Sofi. Mines for now are HODL or until you call the top :). Great video
Interesting statistics.
One flaw with the analysis is that most people buy houses with down payments and thus the return is amplified when you have a low interest rate like mine which is around 3%. For example, your house appreciate only 30% over 10 years (lets say from 100k to 130k, and lets say you put down 10k as down payment, that means you appreciate 40k (130 k - 90 k), which is 400% appreciation since your input is only 10k (this is a simplify calculation). You cannot get that 3% interest rate to buy gold. But if the house prices goes down, then you get hit much harder too.
You don’t pay any interest when you buy gold and silver with cash. But I appreciate your comment. Thanks for watching.
Always enjoy your videos sir thank you. Unfortunately last time I checked Pimbex didn't ship to the foreign country of Alaska.
Thanks for your kind words. Sorry they don’t ship to Alaska yet.
There is as much as needed for those few remaining ones that can afford any...
What do you think about platinum? I read it's mined at a ratio of 1.25 platinum to 1 gold, yet it's less than half the price of gold.
I am known platinum hater - maybe I don’t hate it - I just don’t own it and am not bullish on it.
I saw those silver/platinum ratio charts. I just don’t think platinum gets enough attention for it to fly, it would have to fly on industry alone. If this were looked at like a horse race for performance from here on for the next 10-15 years, silver 1:2 gold 2:1 and platinum 7:1 odds.
This number depends on the culture and knowledge of each household. Like cultures like Asia and India have pure jewelry passed down in family. According to my knowledge then you have people who are poor who don’t have anything nor care to save or have anything nice then you have people who are stackers Americans and people who just like 10k 14 k jewelry. But I would say 10% of house holds have gold and silver
I think you may have misinterpreted the numbers I showed - the amount of gold per house is not how much they own - it's how much exists divided by the number of houses in the world. I hope that clears it up! Thanks for watching.
Wouldn't you need to back out the industrial/military usage of silver used from the total silver mined to make a better ratio of what is truly available?
If you have accurate numbers prepared, I'd like to look at them. These are the most reliable and realistic numbers I have available to me.
Really depends on what time range you select. PMs were low in 1987. Over the last 20 years real estate has far outperformed PMs. A better analysis would be to take it a step further and remove that factor.
The analysis shows that housing has not outperformed metals. It is measured every single year from 1987 to today. Please take another look - you may have misunderstood the methodology.
Best metals channel 🎉🎉🎉❤
Thank you.
@@baldguymoney5568 It's true 👍
oh no, the tin guys have gotten to you too. 😂
Thanks to their generosity I will be able to make more videos for you all as I go full time soon. Thank you for watching!!
They don’t make tinfoil hats so they?
everyone talks about Gold and Silver going up, when in reality it is been held down by Gov. because they want to fatten up their central banks with gold and to do this they will probably keep interest rates high to to keep suppressing the prices and keep the currency strong at the expense of metals. The comex exchanges will do the same thing and everyone is making money in that world except the small investor that holds physical. At this point I can only see things change if the interest rates come down and we go into a major depression or there is a war, so I am hold my metals and not selling but not buying either. And I see risk in the stock market, so I am not investing there, just holding the rest in Money Market funds and GIC's at this point in time. Like to know what your take on all of this at some point in time.
Do you still consider it wise to maintain a gold to silver ratio of 1 to 30? If you would lean towards one more than the other, and if so what direction would you go? Thank you BG!
My stacking ratio was traditionally 40 to 1 and I am still moving towards a total 30 to 1 ratio. How am I doing that? By purchasing now at a ratio of 20 to 1.
Copper is Money also
As of February this year in Barrie ,Ontario the average home was $741,000 Cdn. $741,000 / 11.4 ounces of silver = $65,000 per ounce of silver in Canadian dollars. I could work with that.
That's insane. Totally unsustainable.
Home prices are the variable by geography vs. the determined rate for G&S.
So, some markets could have a better return over the period of time you showed.
I get it though that you are showing an average.
Also, you could have included the mortgage interest, property taxes and maintenance costs as considerations, which could further reduce the realized return on RE comparatively.
I liked your analysis and info. Thank you.
Thanks for the comments and your valid points!
Hello Bald Guy, I always hear people talk about how much money you need to earn in the United States to live comfortably. I always thought it would be a great idea if someone would make a video about how much it would cost to live comfortably if a person was debt-free. And make that comparison in a few different countries or states.
Great idea! Mark was talking about that recently in the Discord. How you been?
@@baldguymoney5568
Doing well, have you completed your move to Poland? Hoping the best for you and your family
Not yet. Happening very soon. I have been so busy. I’ll be there in July.
Everyone buy 1 to 10 ounces of silver every 3rd weekend every month
What GSR would you trade at?
I would be looking for 60 to 1 with the possibility to go to 40 to 1 in an extreme situation.
Can you comment on the physical metal ETF vs Loyalty stock?
Thanks again
Do you mean Royalty stocks?
Yes, please
If people globally buy silver how long will the banks last?
I think they can survive without Silver - as long as they keep getting cheap fiat liquidity.
Banks are super leveraged on the short side regarding silver, so as to distracte the masses and dissuade them from owning REAL money and instead focus on the fugazi fiat that banks create out of thin air.
If the price of silver went to $40 or $50 this year, those banks that are heavily naked shorting selling silver contracts would be DEEP into the red and most would fail immediately because of the spike in the price of silver.
Information from The Silver Institution and CPM looking like the books are cooked for years on silver (over 100 years) (since the opium war) Britain and China
You forgot to list capital gains on the sale of a house....unless you buy another house of equal or greater value, or you take the one time capital gains tax deferral. Love your channel
Yes - you're right!
So if the silver House hold Owner holds 11 oz average globally what will be the sell price per house in silver oz in the future be, I personally think it will drop to 5 oz per house as everyone will own nothing and be really pissed off, just looking for a rough time estimate on this one?.
I looked at the last three months charts of NVIDIA, WPM and Hecla/HL . The mining stocks beat Nvidia.
True! I was in NVidia. Bought in October of 2022.
Bald guy money!!
BALD guy You like Charts and I'm Surprised You don't see this 45 yr chart of Cocoa and SILVER THEY are the same 45 yrs SILVER didn't break $36 is it and Cocoa $3600 45 yrs . Now Coco is $13k I bet 100% SILVER follows how about You My Brother. MINES will be Nationalized okay Be Careful My Brother
Real estate prices are going to coreect. Silver/Gold ratio will go to 20 or 30 /1. When that happens it is time to buy some property!
i hv some doubt abt the correction, mayb small correction. depend on area too. For the time being there is just not enf houses. Who knows what happen few years later.
Hey BGM, what happens to our gold and real estate when we are told by 2030 we will own nothing and be happy?
Haha I wish I could tell you. We need to fight that idea.