AI Predicts The Price Of Silver & Explains Silver Stacking (ChatGPT )

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  • čas přidán 13. 01. 2023
  • Join the Patreon Community: patreon.com/user?u=85209064
    It gives you: Exclusive short video content / Exclusive tools that I use for stacking / Regular updates (twice per week) on the market / Chat Community / Ability to impact the direction of the channel.
    In this video I show the results of a long conversation I had with the Artificial Intelligence (AI) ChatGPT.
    The questions I asked cover the topics of:
    - Whether or not it makes sense to stack silver.
    - How much silver should a person have a percentage of their portfolio.
    - What kind of silver is best to stack.
    - A realistic price target for silver.
    This is truly a first in the silver stacking CZcams community so be sure to watch to the very end!
    None of this advice - I am not a financial advisor - this is educational material!
    Link to ChatGPT: openai.com/blog/chatgpt/
    #silver #silverprice #silverstacking

Komentáře • 1,2K

  • @koinkollector2873
    @koinkollector2873 Před rokem +57

    No AI was harmed in the production of this video.
    Very interesting info!

  • @sstrauss6752
    @sstrauss6752 Před rokem +83

    As a long time coin collector and more recently a stacker. I like to do both. I've been collecting coins since I was 9 and I am now 70. Yes, collector coins require experience and education and took me years to finally understand what I was looking at as far as valuation, grade, etc. As a coin collector, it was relatively easy for me to become a stacker.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +4

      What kind of coins do you collect? I collect Ancient Roman coins.

    • @sstrauss6752
      @sstrauss6752 Před rokem +7

      @@baldguymoney5568 As a child I collected U.S. coins but as I got older I went through several specialized phases. The most recent, which I have been collecting since 2009 is coins and tokens of the Soho Mint. Matthew Boulton was the first person to strike coins under power (steam) and as a student of the history of technology (and a former machinist) I found it intriguing.

    • @richardhumphrys7907
      @richardhumphrys7907 Před rokem +1

      Comment above for you !

    • @shannonharris2602
      @shannonharris2602 Před rokem +1

      @@baldguymoney5568 anything thing that has silver in it

    • @trailerparkcryptoking5213
      @trailerparkcryptoking5213 Před 10 měsíci

      You know that your heirs will sell your collection for peanuts and piss away the money on frivolous junk..... I recently watched my daughters psychopath neighbor hire a giant portable dumpster and empty her elder parents lifelong home into that dumpster and didn’t care what the items were...just throw in the trash! They were 80 and going to a care facility....

  • @2008Evidence
    @2008Evidence Před rokem +67

    ‘AI’ as represented by apps like ChatGPT in this generation is nothing more than an amalgamation of current facts and opinions sorted by an algorithm written by a person, and the answers you get reflects the rules of that particular algorithm. All in all very entertaining but no more “artificial” than the app developer’s biases, and “intelligent” as what it’s been fed. Best “AI” is no AI but reliance on educating oneself and applying critical thinking to facts and data, and taking all opinions with a certain “grain of salt.”

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +4

      True. I can’t argue with that.

    • @dirtfarmer65
      @dirtfarmer65 Před rokem +2

      Agreed & A.I. Can not do a proper appreciation of tail risk..
      Because it is uncommon & infrequent....

    • @mikepurdy3952
      @mikepurdy3952 Před rokem +1

      Agreed

    • @gohrt9139
      @gohrt9139 Před rokem +2

      On the nail as we concluded

    • @martino8114
      @martino8114 Před 10 měsíci

      WELL SAID THANK YOU! There’s nothing we know of as powerful as the human brain and we only have 10% usage lol imagine what we could do if our creator thought we were responsible enough to have use of the whole damn thing lol I’m a retired defense engineer/scientist of sorts lol once I reached the peak of my education I came to a crossroads that all intelligent people come to one road is arrogance the other enlightenment I took enlightenment and realized we know nothing ….. except how to manipulate the atom

  • @SilverDragons47
    @SilverDragons47 Před rokem +173

    if the dollar gets hyperinflated we could easily see 100 Trillion dollar silver lol 🔥🐉

  • @dmsdad6866
    @dmsdad6866 Před rokem +51

    Considering Silver's all time high of $49+ in the late 70's equals almost $165 (adjusted for inflation), $160 is not unreasonable. Improbable but not unreasonable.

    • @jew_world_order
      @jew_world_order Před rokem +1

      It's not really improbable that silver will greatly surpass $200, imo. In the 70s, only the US citizens had silver for the most part since majority of other countries made precious metals illegal and their citizens were much poorer than today. We now have over 6 billion people on earth, with a lot more purchasing power than people in the 70s, and their governments are now encouraging them to hoard metals.

    • @steventrojanowski3595
      @steventrojanowski3595 Před rokem +11

      You have to also realize that today vs the early 80’s we have
      55x more currency (paper bs)
      56x more millionaires
      200x more billionaires
      220x more available consumercredit
      49x Size of global stock market
      39x assets under management

    • @MultiTasker888
      @MultiTasker888 Před rokem +4

      Let's not forget the increased industrial purposes in electronics like solar panels for example.

    • @childofgod2758
      @childofgod2758 Před 5 dny

      @@jew_world_orderyes and wen bought at$ 18.45 three years ago good gain.. Gods $$$

    • @childofgod2758
      @childofgod2758 Před 5 dny

      @@jew_world_orderwasn’t aware other countries banned precious metals.. ever. WOW will research. Thank u

  • @letstalkcoins
    @letstalkcoins Před rokem +18

    This video is very well done. Your ideas are well thought out and relayed in a nice structured unbiassed manner. Well done. I am a coin dealer and found this video very informative.

  • @john316godlovesyou5
    @john316godlovesyou5 Před rokem +5

    Thank you again for such an awesome video! I always look forward to your videos because they are very informative...well presented...and very realistic! God bless!

  • @jxr232
    @jxr232 Před rokem +7

    Thank you for the video and especially exposing your viewers to ChatGPT and it's capabilities and a general overview of how it works as well as it's limitations.

    • @safffff1000
      @safffff1000 Před rokem

      It won't allow what the elite considers mis info, and since the commodity market is all lies I wouldn't expect to to accurate predicting future prices.

    • @snowyowl6892
      @snowyowl6892 Před 3 měsíci

      AI …
      (artificial intelligence) can only spit out whatever has been input by humans .
      ..obviously …. 🤗

  • @TheseusTitan
    @TheseusTitan Před rokem +22

    Gold and silver serves three basic functions. By definition, it is a medium of exchange (due to its intrinsic properties), a unit of account and as a store of value.

    • @ManiacalManiac
      @ManiacalManiac Před rokem +5

      Also industrial use.

    • @DevineAbyss
      @DevineAbyss Před 8 měsíci +2

      Lol. Das ist just the scientific definition of money. If you consider silver money, then it should fullfill those. But precious metals are different from FIAT currency. You can eat from silver plates and make silver stakes to hunt werewolves (:

    • @paulwise6856
      @paulwise6856 Před 6 měsíci

      ​@@DevineAbyssalso use one billion ounces a year I electronic, solar panels etc, only nine hundred million will be mined this year so even if industrial was the only use and it wasn't money the price still goes up

  • @nonjaninja4904
    @nonjaninja4904 Před rokem +19

    AI forgot the most important reason #4: stack it because it's pretty and shiny.

  • @dearbit8173
    @dearbit8173 Před rokem +1

    Ty you answered many questions i had trying to put it all together ❤️ i appreciate all your insight and suggestions..

  • @JohnGarcia-gt9mz
    @JohnGarcia-gt9mz Před 11 měsíci +29

    Buying silver or gold as an idea becomes much stronger if linked to savings generally. Acquiring small amounts of a tradable metal can be more fun than watching a bank balance grow and at the same time lose value, especially in times of high inflation.

    • @OniNoFro
      @OniNoFro Před 4 měsíci

      Most advisors worth their salt will say, depending on age and circumstances, about 20% of a balanced portfolio should be Cash/Equivalent. Without getting into specialized knowledge, precious metals are often treated as a subset of that Cash/E. Holding cash for any material length of time is a losing position for an individual as the bank is making money off of you while providing, most often, less than the rate of inflation as "interest"

  • @metaltracker1723
    @metaltracker1723 Před rokem +46

    You are always keeping the content fresh and interesting Bald Guy. Great questions and AI’s responses were interesting yet predictable.

  • @Troy_34
    @Troy_34 Před rokem +26

    I've always thought collectibles and antique silver/gold is a good inclusion. One, it diversifies your stack and two, if it makes it fun and more enjoyable to build your stack up then more power to you.

    • @StrangeAzz
      @StrangeAzz Před rokem +3

      I agree, there is so much more to it then simply stacking for the cheapest weight possible.

    • @andyirons7162
      @andyirons7162 Před rokem +2

      Agree...

    • @OneOut1
      @OneOut1 Před rokem +2

      I would not put any details of my stack on a any electronic device especially put it in the cloud. Kind of defeats the purpose for me.

    • @douggodfrey6521
      @douggodfrey6521 Před 9 měsíci

      Buy the type of
      silver that you like.
      That makes the best
      sense to me.

  • @dymkajulien4130
    @dymkajulien4130 Před rokem +1

    Thanks for the update
    I feel like I'm going to reach the target
    Love the chat box information

  • @Jim-ox5hv
    @Jim-ox5hv Před rokem

    I enjoyed this video. Thank you for the delivery :)

  • @TheQuickSilver101
    @TheQuickSilver101 Před rokem +18

    ChatGPT is an endless source of entertainment. It can also be surprisingly sensible which I think it was in your examples. Thanks!

    • @snowyowl6892
      @snowyowl6892 Před rokem +2

      What IS CHATGPT

    • @JohnS-il1dr
      @JohnS-il1dr Před rokem

      @@snowyowl6892 an open AI platform. You can try it for free. Some programmers have asked it to write a rather complicated program and it was 80% accurate.

    • @GK-wn6ur
      @GK-wn6ur Před rokem +2

      I'm starting to feel like ChatGPT is this generation's version of the Magic 8 ball.

    • @johnjames5842
      @johnjames5842 Před rokem

      It's also very moody, irrational, and biased , as it was written by leftists and libshits, in not convinced that chat gpt isn't just some 10 yr olds with Google in India, making 10cents per hr

  • @jl696
    @jl696 Před rokem +10

    What an interesting video! It's good to see that the AI agrees with my stacking practices and that I am meeting/exceeding minimum acquisition recommendations.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +3

      Glad it was helpful!

    • @justanopinion7029
      @justanopinion7029 Před rokem +1

      @@baldguymoney5568 What about if you asked about crypto like what would bitcoin or eth be worth by 2030 have you tried that?

    • @bobs8005
      @bobs8005 Před rokem +1

      @@justanopinion7029 don’t ask it. Crypto will be dead by then. Not blockchain but crypto

  • @dendres95608
    @dendres95608 Před rokem

    You did an excellent job in this post! Well explained and to the point!

  • @bobhill5791
    @bobhill5791 Před rokem

    Just discovered your channel. Great subjects and content. I subscribed and have been binge watching.

  • @kscoins4787
    @kscoins4787 Před rokem +3

    Absolutely WONDERFUL video! well WELL done!!! Hope all is GREAT in your life. Thank you for the share and have a GREAT day! Peace from the land of OZ!!!

  • @Aaravpatel61519_
    @Aaravpatel61519_ Před rokem +23

    Thank you for sharing the video about ChatGPT's features, capabilities, general operation, and constraints. I wonder why AI #1 is programed NOT to predict future commodities tho. This goes to show the essence of a professionals advice or opinion. AI with the common sense........lol

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +1

      I think the creators don't want people to sue them for missed predictions.

    • @cmackscott761
      @cmackscott761 Před rokem +1

      I have learned that this AI can be similar to a child trying to keep a secret. If you ask multiple questions giving ChatGPT a lot of information, it will usually finally give a reasonable answer.

    • @Joannahunter_415
      @Joannahunter_415 Před rokem +1

      A huge part of my pt growth came this bear market and from Gold. I've been able to scale from $18k to 57k passively following guides from Yvonne Annette Lively. It was a swing trade by the way. Still hold longer positions. It's more about knowing when to buy or sell.

  • @kennyappany3805
    @kennyappany3805 Před 10 měsíci

    Thanks 👍😊 very much for explaining so briefly, giving an insight on how market prices can be for silver and gold

  • @larryblinn4350
    @larryblinn4350 Před 6 měsíci +5

    In the 90's I worked an hourly job down the street from a coin shop. I started buying silver rounds and eagles every pay day just for fun and kept it up for the 20 years I worked there. It would have taken 2 rounds to fill my van up with gas just as it does today. I still have that old van and all the silver I bought over the years. At 77 years old I have everything I will ever need in life so My 4 kids can split it when I'm gone. I'm sure they will pass it on too because they planned ahead and are set too. Funny how things work out.

  • @chriskertesz8367
    @chriskertesz8367 Před rokem +9

    I don’t stack collectibles either, however, agree with AI’s assessment that if the future is not all DOOM, the collectibles will have good value as they always have

  • @rvnmedic1968
    @rvnmedic1968 Před rokem +4

    I noticed the AI didn't include the price of premiums for selection of gold or silver types for stacking. It (or you) alluded to silver bars being less expensive and very true. If I understand the AI correctly, one could ask for the premiums of gold stackers and silver stackers.
    As a coin collector since I was 10 years old (now 75), I've noticed the value of some "bullion" coins (Silver Eagles, Maple Leafs, British Sovereigns, et.) are a good crossover as some dates are very scarce and hold a lot more value than for mere spot prices. Back in 1996 I bought a few silver eagles and sent one in for grading to PCGS. It came back as MS70, the highest grade. I put it on eBay and there was ferocious bidding up until the last second. It sold for $5,600! That was my once in a lifetime purchase.
    Very interesting video. I liked and subbed! Re stacking, a helpful vid might be one that offers suggestions for how to bug out of your house when you have two safes full of bullion and collector coins. Just theoretical, not me. Dump everything in duffel bags, roll-about luggage, etc? Cheers, Bob

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +2

      Thanks for your for your thoughtful suggestion and for sharing your wealth of experience. Wishing you a fantastic day!

  • @patrickgrengs7594
    @patrickgrengs7594 Před rokem +2

    Excellent content BGM -- you essentially read my mind and went forth with high quality questions for the AI. Cheers.

  • @realityisfake
    @realityisfake Před rokem +5

    it's fun how warnings to avoid individual sellers contributes to liquidity risk

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +2

      Yeah. It’s absolutely silly. I suppose that’s based on stories of sellers being robbed.

  • @greganweiler557
    @greganweiler557 Před rokem +115

    Does the AI know that Silver and Gold are GOD’s money? Does the AI even know who GOD is ?

    • @bellydancerabiar7809
      @bellydancerabiar7809 Před rokem +14

      Greg, lol, AI actually knows about God, some channels asked Al about end times and it actually spoke about the Messiah returning, war and the new world. Exactly as the Bible states. It was interesting and scary at the same time.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +11

      I’m not sure this AI is friends with Robert Kiyosaki. I’ll have to look into it.

    • @itiiyt
      @itiiyt Před 11 měsíci +10

      What God? There are many gods. What's your gods name?

    • @bill8582
      @bill8582 Před 11 měsíci +24

      @@itiiyt negative ghost rider, there is one God, and He is the creator of this realm. All the rest is just confusion.

    • @craighallman2665
      @craighallman2665 Před 10 měsíci

      Rome is our evil beast of the mark of the beast that will legislate worship and end up dead like many religio-political system government employees before them
      Daniel in the lions den did government legislate worship, yup did so, did Daniel die in the lions den nope, did the government die in the lions den, yup cat food government
      Daniel wouldn't worship the god king Darius
      Shadrach, Meshach, and Abednego, did they die in a firey furnace, nope did government employees die in a firey furnace yup did so, ashes government
      They wouldn't worship a idol god in the form of a Nebuchadnezzar the king even if government gives a death decree to those that won't worship by their laws
      Mordecai and Hamen did the government die, yup did so
      Mordecai didn't worship Hamen as a god then got a death decree of him and all his blood line yet hamen and all his family were stuck like Shish kebabs on posts, vulture food government
      Now for the story that is parrallelling in our time
      Did Moses or Pharoah die when Pharoah allowed no day of rest for the Hebrews, Pharoah died and most his government in a sea
      God tends to kill the ones legislating worship via miracle so who is a man standing in the place of God and legeslates zues sun worship, and lives on a city with 7 hills and wears the sungod dagons fish head hat, shockingly its the pontiff that pontificates the pope
      Quebec just legislated worship during the ovid without a c scare, store owners must rest on the day of the sun god, now how history unfolds would you join the Quebec government?

  • @william1863
    @william1863 Před rokem +8

    Silver is Money and our CONSTITUTION says you shall have nothing but Silver and Gold as coinage for money. 👍✌️

  • @stevedunham1710
    @stevedunham1710 Před rokem +1

    Winner, great video, thank you for your great job.

  • @Bullionexchanges
    @Bullionexchanges Před rokem

    Great video, thank you for sharing!

  • @walterlyons119
    @walterlyons119 Před rokem +61

    The $160 price is the 1980 high priced for inflation in todays dollars! 😅

    • @r1oaktree461
      @r1oaktree461 Před rokem +3

      That is why i find so strange that people always use 50$ as the all time high

    • @bonnieupton4114
      @bonnieupton4114 Před rokem +1

      What does that mean?

    • @walterlyons119
      @walterlyons119 Před rokem +20

      @@bonnieupton4114 $50 dollars in 1980 is the same as $160 today in purchasing power with inflation.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +1

      Interesting how it came to that conclusion.

    • @r1oaktree461
      @r1oaktree461 Před rokem +2

      Or that the hunt brothers did a very good job.For the silverprice to reach those levels again i think you would need an increase in monetary and industrial at the same time.a double whammy.a golden cross wont do the trick 😁

  • @mikespronz8829
    @mikespronz8829 Před rokem +28

    Awesome video as usual. As far as AI $160 silver max price, a good follow up question might be. What would keep silver from appreciating above $160?

    • @Imuckinggay
      @Imuckinggay Před rokem +11

      I think you know

    • @SmithsnMoz
      @SmithsnMoz Před rokem +14

      @@Imuckinggay..What??.Manipulation...😆

    • @95rav
      @95rav Před rokem +1

      Also, 'Is that in USD or what?'
      It is a bit presumptuous for it to give a figure and have the asker assume the currency it is in. To be fair, it IS usually in USD, but I am only concerned what it is valued at in local currency, since that is where I buy or sell it.

    • @TheLarz1013
      @TheLarz1013 Před rokem +5

      Nothing,soon as the manipulation is being removed as we WW move to a gold, commodity, precious metals back currancy under a quantum financial system. The US debt clock as of 01/27/23 has depegged the fiat currancy from gold, silver and oil.

    • @calvinmaestro3400
      @calvinmaestro3400 Před rokem +3

      Thought the same. See my comment about how silver could reach $600 an ounce.

  • @ddprepper5227
    @ddprepper5227 Před 4 měsíci +1

    Excellent report 👍👍👍👍👍👍👍

  • @eleeshafer7538
    @eleeshafer7538 Před rokem +1

    Excellent video - thanks

  • @4thworldwilderness390
    @4thworldwilderness390 Před rokem +4

    Food, shelter, security, supplies... and then physical silver/gold for future wealth. Don't forget the first 4.

  • @MrThe1234guy
    @MrThe1234guy Před rokem +14

    How on Earth does this AI have common sense better than so many humans. It is amazing

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +3

      Great question and awesome profile pic!

    • @jgrant5255
      @jgrant5255 Před rokem

      The ai has simply collected the "common sense" that's found online from the discussions and observations by humans. I'm not impressed.

  • @johnmcquaide9896
    @johnmcquaide9896 Před rokem +1

    Thanks for this video and the time you put into it. It would be interesting if you did the same experiment at different time intervals. 1 year from now. 5 years from now etc. Although I don’t know that the results would be much different. But who really knows what even AI will be like then.

  • @jefferykolb
    @jefferykolb Před rokem

    Love your stuff!!

  • @ewinmac3561
    @ewinmac3561 Před rokem +6

    In bars and rounds I only buy Sunshine Minting products. I can quickly check that they are real silver by using the SI lens that shows the word "Valid" or at the 90 deg position a Sunburst symbol. This is a great insurance policy.

    • @silverlion5384
      @silverlion5384 Před rokem +1

      I agree with your analysis on Sunshine minting and the security feature. Their Buffalo, Morgan, Walking Liberty ,and Sunshine Eagle are the best quality Rounds you can find. Went to a local coin shop and asked for them, the guy said rounds are rounds. NOT. They also provide silver blanks to the US Mint. I buy them when they are on sale at any quantity pricing.

    • @ewinmac3561
      @ewinmac3561 Před rokem +1

      @@silverlion5384 I noticed that Sunshine Rounds don't linger at coin shops for very long. They seem to be the first rounds people pickup. I often find one or two in a whole tray of rounds at my shop and buy them without hesitation. :)

    • @michaelfranks341
      @michaelfranks341 Před rokem

      ​@@silverlion5384 rounds are rounds to a coin dealer that's buying. Silver is silver and they are going to pay around spot price. High silver or gold prices: premiums go away and rounds are rounds, so no point in paying high premiums.

  • @jetster785
    @jetster785 Před rokem +9

    And yet silver today is a lot rarer than it was back then, with only 4 billion ounces above ground nowadays. Perhaps AI haven't taken that into account. So $200-250 seems more fairer.

  • @brettonplacefilms2033

    awesome review and I like the AI's predictions

  • @danielbeach4855
    @danielbeach4855 Před rokem

    Thanks for your work on bringing this info to us.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem

      Cheers Daniel! Thanks for watching. More content coming as soon as I get healthy (just a bit of food poisoning).

  • @spydude38
    @spydude38 Před rokem +4

    Interesting video for sure. I also disagree with the AI listing Proof Coins as one of those things to invest/stack. However, overall the responses are what one would expect if the AI is truly able to draw from information available and make realistic recommendations/predictions. The $160.00 price point is interesting as well. If for example reality was that it would be $80.00 per once, that in and of itself is encouraging for stackers and investors alike.

    • @miketyson8933
      @miketyson8933 Před rokem +1

      Oh you just watch and see!!! Silver eagles theres some rare ones that are good to have!! Watch!

  • @richarddeconcilio9127
    @richarddeconcilio9127 Před rokem +13

    Human intelligence went into making this video, good job bald guy.

  • @mattivation_inc.
    @mattivation_inc. Před rokem

    I really enjoyed the AI episode. Thanks very much for the different point of view.

  • @andriesmaritz2055
    @andriesmaritz2055 Před 3 měsíci

    Thanks & all the best. Kind regards.

  • @mitchbatten8281
    @mitchbatten8281 Před rokem +4

    When the value of the fiat currency goes to $ZERO.00, Silver won’t have a value expressed in $dollars, Silver’s value will be expressed in ounces and wealth will be determined in physical ownership.

  • @kendoglarson5419
    @kendoglarson5419 Před rokem +5

    I did a calculation a while back based on gold and predicted rise and I think the number was $500 an ounce for silver. That's if there was no manipulation, but there is continuous manipulation of silver.

    • @mycharmedunicorn8715
      @mycharmedunicorn8715 Před rokem

      Just like manipulation of coin dealers when you want to sell. I can clearly see the people we are buying from now when we want to sell in spot goes up to see 150 announce them saying well all I can give you is 50 an ounce. So at that point if they all stick together and say 50 for any ounces coming in. We will all be screwed and again they will be making the money when they sell it to whomever after giving us $50 an ounce.

  • @Josephine-sm2db
    @Josephine-sm2db Před 3 měsíci

    Thanks, good questions and answers

  • @gernotfrohlich6978
    @gernotfrohlich6978 Před rokem +1

    HAHA - i made a quite ident excell tab for my personal use to track and get en overview of my stacks :D ... luv it!

  • @gilavalos2400
    @gilavalos2400 Před rokem +7

    Not too farfetched because silver once reached 50 dollars in 1980, adjusted to inflation that's about 177.58 per troy ounce.

    • @EVDiscGolf_and_fitness
      @EVDiscGolf_and_fitness Před rokem

      It reached 50$ about 10 years ago to. I kick myself in the butt for not selling

  • @LAStreetPreacher
    @LAStreetPreacher Před rokem +21

    $160 silver could easily be reached between 2024-2028 but I can also see it reaching $200-$400 by 2032. This would give us about a $7,000-$10,000 price of Gold which is a reasonable ratio between the two precious metals.

    • @mycharmedunicorn8715
      @mycharmedunicorn8715 Před rokem

      Would be great.

    • @billsalcido7878
      @billsalcido7878 Před rokem +4

      Why do people care so much about the value of the dollar? Value if silver stays pretty much the same, the dollar will continue to drop until it reaches zero

    • @williamboydsmith4773
      @williamboydsmith4773 Před rokem

      My thought EXACTLY! With GLD=$8000...gives the average ratio of 50!

    • @dregga7638
      @dregga7638 Před rokem

      @@billsalcido7878 because you can't buy much eith silver and gold, it's obvious isn't it?

    • @billsalcido7878
      @billsalcido7878 Před rokem

      @@dregga7638 It’s obvious silver and gold have been used as currency for thousands of years 🤷‍♂️ paper has not. Glad I could teach you something, you bot

  • @bonnieupton4114
    @bonnieupton4114 Před rokem +1

    Interesting info! I learned a lot. The AI program was news to me!

  • @olegpetelevitch4443
    @olegpetelevitch4443 Před rokem

    Thank you good info !

  • @mikezambrano2555
    @mikezambrano2555 Před rokem +8

    thanks for this video BG, i wonder why AI #1 is programed NOT to predict future commodities. it makes you wonder if there are people who have ability to get this info rather easily and can take advantage. we are always 7 steps behind.

    • @davidk7324
      @davidk7324 Před rokem +1

      They've been trying to come up with a magic formula since the first markets came into being. I think there have been a few books and programs sold over the years claiming to be a sure thing! In fact, I see bots all the time in the PM comment sections claiming to have the magic sauce--

    • @freedomspyder
      @freedomspyder Před rokem +2

      The end is coming. We just don't know when that will be.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem

      There are certainly AI trading models that loosely taking advantage of this now based on technical indicators. They are high volume trading systems intended to beat the average investor.

  • @berndhase4399
    @berndhase4399 Před rokem +4

    I have to give a 👍 just for the channel name.

  • @fv7421
    @fv7421 Před rokem +2

    I learn so much from your videos. Would you consider having a yearly discounted option for your Patreon? I'm a member of 2 other Patreons and they offer that for the longer commitment. 🙂

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +1

      I will once it becomes available. Since my account is new, I can't offer that yet. What I can say is that I will do my best to make sure that anyone who signs up now gets their money's worth.

  • @patienceobongo
    @patienceobongo Před rokem

    That was a good idea, thanks.

  • @cmackscott761
    @cmackscott761 Před rokem +5

    I've been researching the same thing. Have any of you heard about the guy who bought gold through eBay over the years. When his wife became ill and needed an operation he decided to cash in his gold and learned that nearly all of it was fake. So be careful out there... I've even heard of gold bars that had been hollowed out and filled with similarly heavy low-value metal.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +2

      I talked about this on my Patreon recently.

    • @mycharmedunicorn8715
      @mycharmedunicorn8715 Před rokem +2

      I bought a bunch of silver and gold from a company that was advertised on Facebook. Every bit of it was fake. I was blessed though because I paid for it by PayPal and they gave me my money back.

  • @Pops2
    @Pops2 Před rokem +17

    Not even Chat GPT can figure how the suppression of silver value has gone on so long.

    • @4thworldwilderness390
      @4thworldwilderness390 Před rokem +4

      Hellooooo... it's because the rulers of finance stamp it down with the paper market. Lol they can make infinite paper silver contracts at the expense of anyone holding physical as long as the game of musical chairs keeps going.
      The game of musical chairs is about to end and we will see gold and silver reach their true values once rhe fiat currency song is ending.

    • @bribri6985
      @bribri6985 Před rokem +1

      😂

  • @Venuslovefactor
    @Venuslovefactor Před rokem

    Great video; very interesting! I'm stacking silver.

  • @blackmetalmatters9101
    @blackmetalmatters9101 Před rokem +2

    I think an interesting idea for a future video is all the high-tech uses for gold & silver that are on the horizon, such as nanoparticles & solar panels. IMO, In the future we won't be wearing gold & silver jewelry but using it instead for our supercomputers, energy needs & medicines, and that by itself is exciting because there will always be a demand for these metals.

    • @sitnhere
      @sitnhere Před rokem

      Sounds like you expect this Earth Age to continue, Huh? Stack the silver for your protection to use as a source of exchange when all the other funny monies will no longer hold value.

  • @garyrogers6977
    @garyrogers6977 Před rokem +5

    AI doesn't "think" anything. It sorts through a tremendous amount of human-generated and other data and summarizes it according to its neural network.

  • @snailsaredumb9412
    @snailsaredumb9412 Před rokem +4

    Its odd the ai never mentioned casting grain as one of the best. The premium is very low and it has little demand outside jewelry making it a great asset to hold

    • @PHUCKyoutube689
      @PHUCKyoutube689 Před 3 měsíci

      Limited resale market. Most people won't buy shot or bars, rounds from unknown makers. When you do find a buyer expect 10% below spot, usually a refinery are the the only ones that will touch it, and they stiol don't want it in shot form so now you have to melt it and pour bars, that costs money. It really is one of the worst options unless you are well known and have a reputation. I refine sterling as a hobby so I have some experience moving home pours.

  • @rosebud3971
    @rosebud3971 Před rokem

    Right on target, my friend.

  • @christophermccormick8670

    This was fun! Need a A.I conversation about gold.

  • @mikesorensen1981
    @mikesorensen1981 Před rokem +6

    AI makes a lot of sense but doesn’t take into account corruption and banks controlling prices of metals artificially 🤨😱

  • @db5202
    @db5202 Před rokem +5

    Time target would have been a good addition. I've watched the US National Debt Clock and usually it is listed in the thousands. Now, $0. Love to know what is happening with that.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +1

      I don’t know much about how the website pulls data. I suspect it’s a glitch.

    • @Mike-ve8gt
      @Mike-ve8gt Před rokem +4

      My best guess, the site figured out the Petrodollar is dead, before the humans.

    • @db5202
      @db5202 Před rokem

      @@Su-Jo Now that's the best explanation I've heard! Thank you!

    • @db5202
      @db5202 Před rokem

      @@Mike-ve8gt You may be right.

    • @n2skcmo
      @n2skcmo Před 7 měsíci

      ​@@db5202nesara?

  • @Arturius8
    @Arturius8 Před rokem

    Very helpful video.

  • @carolcherry2195
    @carolcherry2195 Před 10 měsíci

    Actually awesome learning!!!

  • @briancallahan5673
    @briancallahan5673 Před rokem +4

    Gold and platinum next

  • @nicolasgilbert8850
    @nicolasgilbert8850 Před rokem +4

    Buying privately 1 on 1 is the only way to get dealer pricing. If the LCS can get below spot. Why can't we? That's the true cost of silver.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem

      Good point - but it is risky sometimes.

    • @nicolasgilbert8850
      @nicolasgilbert8850 Před rokem

      @@baldguymoney5568 definitely a learning curve and a thrill at times especially when starting out. Nearly impossible today. The fact premiums have been consistently high for the past 3 years encourages me that higher prices may be comming however the March is so slow at times I get skeptical that dealers are taking advantage with premiums. I am curious if dealers make the same profit in this high premium environment.

    • @barrymantei7795
      @barrymantei7795 Před rokem

      Buying privately 1 on 1 increases the risk of buying fake silver.

  • @Eli-qr9hc
    @Eli-qr9hc Před rokem +2

    Excellent point !! Can you revisit and, according to its information, ask AI when it sees the events happening that would result in $160.

  • @davemi00
    @davemi00 Před rokem +1

    Nice presentation !

  • @jimtwisted1984
    @jimtwisted1984 Před rokem +3

    Ai is just a fancy wheel.

  • @swinn848
    @swinn848 Před rokem +4

    Too bad AI can’t calculate disgusting greed and lies that effect the price

  • @peterpagliaro1835
    @peterpagliaro1835 Před 5 měsíci +2

    Just to give my own context regarding your fourth question on how high of a price silver can reasonably go I' liked the $160 answer. But I would qualify that I like it given today's market conditions including today's rate of inflation. When and if market conditions change ;and they likely will at some point; another answer should be appropriated

  • @Sarnarath
    @Sarnarath Před rokem +3

    Weird how the AI didn't recommend any products from the Perth mint, who have seen record sales this year.

  • @ambermichealshotkinkyjo15

    People are saying silver premiums are going down and there's not a silver shortage what do u think, if so does that mean the dollars getting stronger? And what about silver manipulation

    • @nicolasgilbert8850
      @nicolasgilbert8850 Před rokem +1

      Demand changes weekly. There's always unlimited silver available to buy. Wholesalers and dealers collude. Buy as close to spot as possible. With enough effort you can buy at the same price a dealer would... below spot lol

    • @ambermichealshotkinkyjo15
      @ambermichealshotkinkyjo15 Před rokem

      @@nicolasgilbert8850 Kool thanks

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +1

      The dollar is on the downward march - this in itself is pushing price of metals up.

  • @TruthLivesNow
    @TruthLivesNow Před rokem +1

    These are great questions, and great answers.
    There is one question that I just wanted to comment on. You stated that you personally do not think Proof Coins or Rare Coins are a good thing for Stacking.
    Stacking was not actually part of your question, "What are the 5 best physical silver products to own?"
    This was a great video, I enjoyed it.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +1

      I have a series that I am developing to answer that question. Please take a look: czcams.com/video/Kd0OxRPFncM/video.html

  • @lcmlcm2460
    @lcmlcm2460 Před rokem

    Definitely interesting, thanks

  • @daniel51404
    @daniel51404 Před rokem +3

    A.I. is like a parrot it only repeats everything we already know.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +2

      Maybe that's what it looks like today - but it is in its infancy.

    • @colemarsh13
      @colemarsh13 Před rokem

      True...but this parrot 🦜 never forgets and can manipulate you with words.

  • @ttotto2958
    @ttotto2958 Před rokem +5

    chatgpt told me to sell my wife , my house and my dog to buy silver

  • @mistagregory
    @mistagregory Před rokem

    I love your Hot Ones interviews, but this is interesting too.

  • @jamesreal7987
    @jamesreal7987 Před rokem

    GREAT VID

  • @user-cg6tc9ne4j
    @user-cg6tc9ne4j Před 7 měsíci

    Great video

  • @daisyque8189
    @daisyque8189 Před 3 měsíci

    Thank you !!

  • @Chisca22
    @Chisca22 Před rokem +2

    Great creative content

  • @FarangbanNok420
    @FarangbanNok420 Před rokem +2

    Great work Bald guy , as usual :)

  • @michaelengland8299
    @michaelengland8299 Před 8 měsíci

    Far out, being a beginner in presses metals
    , much appreciated

    • @baldguymoney5568
      @baldguymoney5568  Před 8 měsíci

      Welcome! I have many other videos on the topic. I hope you will find them informative.

  • @wouter4730
    @wouter4730 Před rokem +2

    I would think that the classic gold and silver coins of your country are ideal for stacking. The premiums are usually the lowest (similar as bars) so you will get the most amount of metal, they come in small units, which are easy to buy and sell, and everybody in your country is familiar with it.
    Also the risk of counterfit may be lower, as they are more easily checked for acuracy.
    Collectors with a variaty of coins in different years sometimes can do it tax free too, as it is a cultural collection of classic herritage coins.

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +1

      Sure - but with the world being so “small” these days, I’d say there are a handful of sovereign bullion coins that you can stack without much liquidity risk.

  • @buttheadmcge9400
    @buttheadmcge9400 Před rokem

    Interesting video, without even knowing about this video, i asked it this morning what its predictions of silver and it told me its bit allowed to predict such things…

  • @matthewlewis-zw3tf
    @matthewlewis-zw3tf Před rokem

    I liked the video. Thank you for your public education and outreach!!! I hope silver goes back up soon, but I think that we are entering a period of deflation. This could hurt metal prices, but it makes a great opportunity to buy cheap silver and gold. Buy low. Don't sell now. Hold and buy in the current bear market while prices are dropping!!!!

    • @baldguymoney5568
      @baldguymoney5568  Před rokem +1

      Thanks so much for watching Matthew. Wishing you a great day.

  • @michaelporco8692
    @michaelporco8692 Před 6 měsíci

    Outstandimg video Bald Guy! 👍😊👍

  • @gailcorley6888
    @gailcorley6888 Před rokem +2

    Finally .... someone bold enough to put a number on it stackers can measure against: 5oz gold and 200oz silver. Solid guidelines

  • @bluerockalot
    @bluerockalot Před 10 měsíci

    Everything you conveyed as to what the AI said is precisely the same thing I hear that every other well informed stacker has said. Though, it is comforting to hear it from some-thing that is smarter than all of us stackers combined...

  • @edwardtucker8219
    @edwardtucker8219 Před rokem

    Thank you, Mr. Bald Guy Money! I am sending this to Andy Schectman from Miles Franklin. He is a guest on other shows. You should invite him to be on. I would love to watch that, especially with your AI focus. No one who has had him on - Robert Kiyosaki, Jay Martin, SilverSlayer, etc. - has had this artificial intelligence aspect. Please consider Andy for a guest!

  • @Saint696Anger
    @Saint696Anger Před rokem

    Cool video, subscribed