How Much Gold & Silver You'll Need To Buy A House In The Crash - Important 2024 Update!
Vložit
- čas přidán 22. 08. 2024
- Join the Bald Guy Money Patreon Community for great additional content:
www.patreon.co...
Check out video sponsor Land of Land if you want to own some land in the easiest way possible:
www.landofland...
Telephone Number: (856) 878-8515
Direct link to their interactive US heatmap:
www.landofland...
In this video cover:
- How much Gold & Silver you have historically needed to purchase a median priced US home and the developing trend since the 2011 metals blow off top that could make it cheaper this time around.
- How developed real estate prices have developed differently than land prices since 2005.
- How much Gold & Silver I think will be needed to purchase a home in the real estate crash and metals blow off top.
- I answer a viewer question on the topic of why the United States isn't printing more dollar to buy Gold.
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 Sources:
Median US Home Price
fred.stlouisfe...
Average US Home Price
fred.stlouisfe...
Historical Silver Price Data
www.macrotrend...
Historical Gold Price Data
www.macrotrend...
Central Bank Gold Purchasing Data
www.gold.org/g...
US Farmland Price Data
www.statista.c...
National Gold Reserve Data
tradingeconomi...
#silver #gold #realestate
Join the “Bald Guy Money” Patreon Community for great additional content: www.patreon.com/user?u=85209064
It's only $14.99 a month (10% discount for full year subscribers)!
I'm living here in Venezuela, I'm from Canada, westerners can't comprehend how low house prices are going to be once their is no more credit, the only reason for high house prices is because of mortgages.
House prices crashed 75-90% here because you can't get a mortgage, all real-estate transactions here are cash sales, I've bought real estate here for literal pocket change compared to Canada, $7k for a beach house, $17k for a town house.
When the dollar collapses you're going to buy homes for a single oz of gold... the world runs on credit, once credit collapses it changes all values
very interesting insight for those who could not comprehend the chaos that would ensue
That's a good comment. Something for me dive into. Cheers!
I lived in Brazil during hyperinflation in the 70's early 80's. Interestingly real estate did not really keep up. People wanted hard currency and metals back then.
Thanks Matt, very helpful information 👍
You are 100% correct but no one will listen until the markers run out!👍
During Weimar Hyperinflation people were buying houses, land, and real estate for as little as 4 ounces of gold and like 20-40 ounces of Silver, i think you might be underestimating just a little
Agree
I have seen this claim about Weimar Germany made many different times, but I have never seen the actual proof that this statement is true. Furthermore, I have also talked to a few people who migrated here from Venezuela in the last few years (admittedly this is a very unscientific strategy) and i see no actualproofof it in this case either. I'm not at all doubting what you are saying, but I'm a facts and statistics type of guy, so if you have actual proof this, I would sincerely like to see it. Thanks in advance.
@@mrthomas41 I'm a Canadian retired here in Venezuela, you wouldn't believe how cheap real estate is compared to NA, and it's going to get cheaper once the dollar collapses, no mortgages house prices will collapse 75-90% over night, cash sales only, I bought my homes here for literal pocket change, I carried the money in my pocket on the plane it was so little
@@MattVenezuela Your comment is extremely helpful to me! Thank you very much!
Agree, yeah, my mother lived through it and saw those numbers as a little girl
We should do a update like this once a quarter. Super valuable information.
I think that’s an awesome idea!!
Would be awesome if you did; these videos make home ownership seem more realistic when weighed against metal ownership. Might end up being motivational for younger viewers!
@@Noseyyyyit’s my plan!
This has been one heck of a great episode of Bald Guy money!
New sub here all the way from Austin Texas!✌🏻
Great information! Thank you! Very much appreciated!!!
How do I start saving my money in Gold and Silver and as an expert what is your recommendation on the amount to invest on each precious metal? Thank you in advance!
In 1924, the average price of a house was $7,720 and gold was $20.67/ounce. This means the average 1924 house cost 373.48 ounces of gold.
In 2023, the average price of a house was $412,000 and gold was $1943/ounce. This means the average 2023 house cost 202.04 ounces of gold.
Yep...he will ignore you...
By 1924, the Fed was instated and had begun printing more cash than there was gold.
Please find data for prior to 1913 to remove the involvement of Keynesian money printing from your data about previous metal values.
If you would like to continue talking about the statutory price set by the government, let's talk about why the current statutory price of a gold ounce is set to 42. 22 dollars.
and now is 170 ounces of gold
@@ministryoffunk3417Question our own government?? How dare you. Kidding. Great points you have here, thanks.
You made it more simpler than this whole video. Thanks
I think the pumped-up real estate values will drop significantly, and that’s why that person you’re referring to says you’ll be able to buy a house for a few pieces of metal. 😂 The tire is gonna blow, so make sure you duck when all the pieces go flying! :)
Agreed.
BRICS can make new money back by gold , UAE can say sell oil only for gold , paper gold market can crash , all that can start in one day will be perfect storm who know the future ?!
Your weekly perspectives are great, and I enjoy how you use the value of gold and silver and the purchasing power they offer now and, in the future. Keep up up the fight!
Thank you so much!
I grew up in Poland and moved to US at age of 15, hopefully Polish wife is treating you well bold guy! My prediction for silver is 500 oz for a average house, when dollar fails and everyone rushes to metals some people will have to sell their homes to survive.
My wife is great. We’ve been married for 17 years. I am blessed to have her.
If the markets ate ever aloud to trade freely. Unfortunately centrel banks wont aloud that to happen.
@silvercontained the central banks are a criminal conspiracy, planned out to control who? Pretty soon the US Marines will be escorting all treasonists and conspirators to Guantanimo Bay detention center for trial.
27561 oz of Silver for a house is an insane amount. Even 4618oz is a huge amount that very few people own.
That was price though. Shows you how far silver has come despite the people who are always so bearish on it.
I'm pretty sure it is just to be used as a ratio so you can compare apples with apples.
@@baldguymoney5568You are a Mason. I see through you and your wolves here on CZcams. You are going to the pit soon.
Gregory Mannarino is a Freemason Google it. Lynette Zang too and Gerald all of them.
My 5400 ounces of silver were lost at sea.
Poland? That's a surprise. I was Born in Poland and just finished a 10 day tour with some German friends, who never have been there before. We went to Wrocław, Kraków, Warszawa, Gdańsk and Sopot.
My friends were absolutely delighted. Beautiful cities, beautiful WOMEN 😱😻😻, good food and low prices.
Enjoy my old country!
Good content BTW. I've been buying gold and silver for around ten years now.
Wish you all the best! 👍🏼
Cheers!! Thanks for the kind words.
Polish born here . Yes , indeed. Poland is great country , nice people and fantastic food . I still love Poland , after 38 years
I can't eat gold or silver I'd rather store food and lots of it that's going to last me for years plus water in good shelter and This Disaster happens I would not want to be around any humans
It aint gonna cost no 14,000 ounces of silver to buy a house. About 980 million ounces of silver are mined each year and there has been a 270 million ounce deficit each year. These mines are not gonna keep up with the industrial demand. Plus the dwindling above ground supply....
We are 2 years away from buying a 1,500 square brand new starter home for 1,500 troy ounces of silver and a brand new 2,500 square foot new spec home for 2,500 troy ounces.
I think I can see a pattern there.
@@nomadbrad6391really? 2500 troy ounces is wild, id never trade that in for a house unless it was a 3500sq ft house and paid off completely with it.
@@nomadbrad6391is that taking in to account the tax you'll have to pay on your silver gains?
I agree with you.. I believe the reason so many people think you'll be able to buy an average house for such little metal is because of other countries that have gone through hyperinflation for example Weimar Germany you could buy an average mansion for 5 oz of gold during the hyperinflation.. it's because the price nominally of gold will go or stay up as other assets go down. And when the whole world wakes up to these concepts now that we are all so socially connected and realize that there's only enough physical gold on earth for each individual to hold two and a half ounces and only enough silver for each person to hold 5 to 6 oz You start to understand that a person's entire life worth should be able to be held in 2 and 1/2 oz of gold. The average person makes two and a half million dollars in their lifetime divide that by 2 and 1/2 oz of gold?
I agree with your business model having one video a week that is the most important factual data in the least amount of time! We are all busy and our time is valuable if you value our time we will value your channel 😊
im glad i have over 800 oz of silver
Why does an hypothetical equitable division of metals have to exist before assessing the appropriate value of the metals? That's where you lost me.
Shouldn't any value be invariable to possible divisions? End of the day, 2 ounces of gold is just 2 ounces of gold.
And if everyone already has gold why would they need gold? If anything. If everyone has gold that could lower its value.
@@anonymous071985 everyone today has dollars or yen or other currency, that's not what devalues it.. bringing a ton more currency into the system is what devalues it printing it out of thin air devalues faith based IOU's of insolvent entities. takes a lot of time energy and work to pull metals out of the ground. So if everyone held physical gold and silver ( which they don't) as the new hard sound physical money and got rid of currency it would absolutely hold its value as a store of wealth a medium of exchange etc. and as of today it's a very tiny percentage of the world population actually hold physical precious metals I believe somewhere between 3% and 5%. If this didn't answer your question please rephrase perhaps I misunderstood.
In the UK, my 3-storey Victorian semi-detached from 1895 was originally sold for 95 Gold Sovereigns. This should give some idea of the true value of houses versus previous metals.
Mike Maloney said 500 ounces of silver bought a single family median home in 1980, and this time around should be no different if not better, same goes with the Dow/gold ratio
Very interesting, you answered many questions I have had. Thank you for making the calculs easier to understand through your presentation. Cheers and welcome to your new (old) home.
Thanks for watching! Glad you enjoyed it.
I've sold my house a few years back due to health reasons and will no longer want a house. But I do have a fair amount of gold physical not on paper. Pluss RRSP,S IM 59 AND AM COMFORTWBLE.
Very happy to hear you’re doing well Steve! Wishing you a great day.
@@baldguymoney5568 thanks and same for you and yours!!
That’s fantastic! Are you looking for congratulations or a date? 😆😆
@davidphilips1205 lol nope! Just happy that I saw the writing ✍️ on the wall 🧱 years ago!
I bought a house with 1.25 acres land, a guesthouse and a chicken house in Sweden in 2013 for roughly 3 weeks income, what was at that time 3.5 ounces of Gold. House was build in 1986, guesthouse 1955. The bottom price will be 1-2 years rent. This price will come when the job availability is very low, interest is high and credit availability is low. And don't get fooled by the "experts" telling you price is build by location, location and location.
Those economic conditions you mention imply an economic recession or depression.
And have houses in location risen in value much ?
Hey BGM! Here is my question that has been on my mind for DECADES! I would love for you to answer this question in your next video. I have heard many, many times that in Weimar Germany you could have bought an entire house for only a few ounces of gold. Also I've heard that you could buy an entire block in downtown Berlin for 20 or 30 ounces of gold. In fact, several people in the comments section to this very video have made the same claim. I have never seen actual proof of this. My theory is that somebody said it one time, a long time ago, with no evidence, and that person has been quoted and re-quoted over and over. Now this one guy's quote is their only "proof." I would love to see actual proof that this is (or is not) actually the case.
Yup and it was called the Weimar Republic hyperinflation, the wheelbarrow full of cash for one loaf of bread don't you recall??? Versailles anybody?
Germany 1923
HYPERINFLATION, HITLER'S PUTSCH, AND DEMOCRACY IN CRISIS, a book by Volker Ullrich, a historian (Author), Jefferson Chase (Translator) - based on historical records, newspapers, memoirs, correspondence of the time.
STEFAN ZWEIG ON THE 1923 HYPERINFLATION (1943).
Stefan Zweig's autobiography.
Best wishes for your move back to Poland. Following you from the Uk - really enjoying your content which helps to stretch my thinking
Cheers!
@baldguymoney5568 do you think gold prices will go down once trump gets bk into office what's yiur thoughts there pleasev
Regarding 12:20, the government of the United States uses two very different prices for the value of gold. The United States Mint uses the market price of gold which rose to $2,449.80 per troy once on May 20, 2024. On the other hand, the Federal Reserve ironically still uses the archaic price of gold of only $42.22 per troy ounce established since February 12, 1973.
What does that mean?
The Federal Reserve undervalues the value of gold at only $42.22 per troy ounce and does not value gold according to its market price. On the other hand, the United States Mint which is a part of the Treasury Department and uses the market price of gold to sell its gold coins for a profit to the public. Furthermore, it costs a mere 8.6 cents for the Bureau of Engraving & Printing which is another part of the Treasury Department to produce a $100 bill. Therefore the profit that the Treasury Department makes is known as "Seigniorage" and it is a lucrative $99.91 profit for every $100 bill that is printed. In other words, the BEP can print $100 Federal Reserve Notes for only 8.6 cents each and sell them to banks for $100 each.
The Federal Reserve Operations Manual says to revalue gold when national debt becomes a problem. Some estimate that revalued price at $25,000, which means that average priced $420,800 home could cost around 17 ounces of gold...assuming the fed would not only adjust the statutory price and also hand out $25k for each ounce of gold given to them (they'd reopen the gold exchange window).
@@slekziedsthis might sound a stupid qs but if trump gets bk into office lowers tax rates and cuts inflation do you think gold will devalue
The Fed is private
Thanks for the Land of Land link, BGM! Also, one video per week is one of the many reasons this channel is solid.
Hehe but you get an extra one from Patreon.
@@baldguymoney5568 😄 Truth!
What I'm saying is a fact the reason why the treasury does not print a trillion dollars and buy gold is because the people who are running our government do not have this country's best interest at hand that is a fact we're the only country that is not buying gold and silver and stacking it up the central banks may be because they are private but this government decides it's not going to stack gold and silver up but all the other major countries are even European countries are doing this now
The g0vernment is smoke and mirrors, BTW they wont be paying the debt back they never had the intention!
Obummer promised to fundamentally change the U.S. 😂
That's because USA has been collapsing this country since civil war and really went all in after civil rights movement.
Bald guy, you should have millions of followers. Well done!
Thank you for all your Videos!!! You do not scare or over value the Metals Market. My wife family comes from Poland, she asked me to ask you what City you live in?
As always please stay Healthy & please stay on CZcams!!!
FreddieB (MA)
😊😊😊😊😊
Hey Freddie - I live in Warsaw. I lived here for 10 years already before. It's great here for me.
Very realistic, and even downplayed. In fact, in the Depression, just a few gold 1 oz coins bought a house at one point (5 or 6), and 30 ounces of silver.
When food is scarce in the USA (It is coming, as a form of correction from God, from the deep and multiple sins of the USA), that's when gold and silver will be most valuable.
Stay humble. Give the same value to any honorable man or woman, regardless of where they are from. Look at the heart and not the exterior appearances.
I had always heard that 500 oz of silver would by an average 2 bedroom home. I think that is before most houses had a garage.
It’s definitely not apples to apples. What the houses were like in some of these mythical transactions matters. Quality matters.
Waaaaay less, imagine if the crowdstrike thing happens again and theres no more mortgages… way way less itll be like 50oz silver for a small home, 100oz for a medium home and probably 250oz for a big home.
greetings from Poland 4U Bald Guy - thanks for doing a great job
Cheers!
I know “no news is good news” but… thank you for keeping you video short and to the point.
Wow! I didn’t know you were in Poland! A few of my friends moved back to Croatia to escape Canada’s lockup and forced “V” during the beerdemic
I comment something every video to help your channel, but… I’ve never asked a question before because you seem to answer everything I can think of. However, I have 2…
1) why did you pick Europe and more specifically Poland to live and where did you move from? We might be moving and not sure where on earth. Croatia, Hawai’i, Florida ?
2) what is the best way to exchange metals to buy a house one day? Do metals get taxed when you cash out? Will they think it’s a shady when someone cashes out a big lump sum? As for capitol gain, how would anyone know what the metals were purchased for Etc etc
Thanks from Vancouver Canada! 🍻
Great questions Tony and thanks for commenting so regularly. On your first question, I moved from Dubai (no tax jurisdiction) to Poland simply to slow my life down and focus on what's most important to me - my family and my health. As for using metals to get a house - I think the absolute best way is to secure a loan against the precious metals which solves the issue of gains (there are no gains because you not selling) and you still benefit from price increases as you pay back the loan as the metals are still technically yours. i spoke about it with Rick Rule - it's near the end of that video - maybe check it out again.
Great idea video, so if central banks are stockpiling Gold, there doing it for a reason, to increase their bottom line which would be their wealth, now at some point in time I would expect that they all would get together and set a new world higher price on Gold and Silver which of course would be to their advantage as well to the stackers out there. When they increase prices, at that point buying a house or land with gold or silver could become very advantageous and save buyers big bucks. You continue to surprise me.
I've been doing this for years, it's nice to know that I'm not the only one!😊
I'm Polish, so I just subscribed. Good job. Thank you.
Thanks for the sub!
The problem will not be how much gold or silver you pay for a house - it's whether the house will have access to infrastructure - gas, electric, sewerage, water etc . . . otherwise it's just a Squat . . .
Surely you could also pay to install utilities with gold and silver on the cheap as well.
@@caryphillips4885
Yes exactly
Highly doubt any of those factors would change, that would mean game over for the government
I would like to see you do a video about how much they have manipulated the paper, gold assets, and how that has made a big difference in the price of gold and silver now as compared to how it was years ago. Because they have sold way more gold paper assets than they really have in gold. Which makes physical gold and silver that much more valuable.
hi love the content I am a long way of buying a house I have a lowly 300 ounces of Silver but I am glad and grateful I have it
I have 50 oz of silver. That is not too much
Bravo ! you are so clear and precise. Thank you!
Cheers.
The lurking problem is that you will have to pay taxes on your "capital appreciation" on your gold when you try to redeem your gold into fiat to make the purchase. Where did you get the money to buy that gold? The government in a fashion analogous to civil asset forfeiture will require you to prove where you got the money to buy that big ticket item, and will not only assess the usual property tax on your property, but also your gold.
Remember the three axioms of governbemt=nt:
1.) It always gets bigger (expands control)
2.)There is never enough money
3.) They will do whatever it takes to get more money
Now silver paid under the table for small purchases like food, a bicycle, a some hand tools or small job is different but gold is too concentrated a form of wealth and thus is useful for acquiring big ticket items like cars, homes- things that the govt can track and follow the money pedigree through present methods of registration and taxes. This is all a derivative of central bank digital currency.
This what they call “a known, known” - everyone should certainly take their local tax situation into account and actively try to get to a place where the bill is reduced.
@@baldguymoney5568 Yours is a BS cop out reply. You are a wimp if you passively accept the "right" for the goverment to tax you on nominal gains of money that has been inflated because of their reckless deficit spending and printing.
Your very helpful math-models, for the little guy ....is simply put .... precious!
Hi Bald Guy, I have so far stacked up 17.6 kilo of silver bullion. There are some CZcams video's with economists forecasting in the coming crash that the price of gold and silver will rise by 600 times, due to being suppressed through the release of gold and silver paper shares deliberately to suppress the prices as the fiat currency loses value through printing so people don't notice. If the price of silver is suppressed by as much as 600 times its value and the economy hits rock bottom the price of metals will spring back to their normal value, example: what would 17.6 kilo of fine silver be equivalent to in assets 100 years ago? Can you speak on this please?
Look at Hotel owners, and commercial real estate owners walking away from there land and buildings in San Francisco.. a 1/4oz is more than what they get from just walking away..
Well, they are walking away from obligations that would cost way more than 1/4 oz of gold. I get what you mean - but I want to keep things as realistic as possible here. Thanks for watching and commenting Fred. I appreciate it.
I think it will be possible (maybe not very probably, but possible) to buy a house in US or Europe for several ounces of gold (or maybe about 250 ounces of silver). Than price of gold (and silver) has to be revaluated (chodzi mi o to, że wcześniej musi nastąpić rewaluacja cen złota i srebra). If 1 oz. of gold will be for 20.000 USD and GSR 20-30, than what I wrote before, it will be possible.
I am counting on demand driving prices higher rather than a revaluation. But I know what you mean.
We are 2 years away from buying a 1,500 square brand new starter home for 1,500 troy ounces of silver and a brand new 2,500 square foot new spec home for 2,500 troy ounces.
Low purchase prices of homes will depend upon how bad it gets and how many homes that person owns. A vacation home may just go for a low sum of Gold or Silver.
and how many people died inside the house.
Thank you! In the economic crisis that's drawing nearer by the day, precious metals (especially Silver) will be the "Last man left standing".
I plan on using my Silver to buy real estate when that time comes.
Hi Baldy, I do not blame you for living in Poland, I live in Czech Republic instead of Canada and enjoying it. How far do you live from the Czech town Nachod? We are shopping in Poland fairly often.
Canada is simply unlivable. I am in Warsaw, but am planning to make a trip to Czech soon.
Also have 40 acres of Nebraska farmland, inherited the original homestead.
That's awesome!!
Do you need a wife
@@hm-od5zp have a great one, going on 50 year's
@@hm-od5zp lol, no, one is more than enough. Already have one.
Stumbled upon your channel. I subscribed right away. Very good information you share.
Good stuff BGM
I appreciate the quality of your videos, very unique.
Liked and shared as always
Thank you so much. I hope you have an amazing day!
Hi BGM. I appreciate that you are not joining the put out a lot of videos group. Others that I like put out so much and I pick and choose what to watch as they are not all good. YOURS however, I not only watch each one but I look forward to them. Thanks again!!!
Thanks for watching! Quality is more important than quantity!
Hi Bald Guy! Thanks for the informative videos. Question: Per the pricing of houses per value of gold, are you taking into account taxes one must pay when cashing in to buy those houses? Thanks.
As always, a very reasonable assumption to a topic which has been a greatly exaggerated topic.
Question 1. Do you think a silver infused fuel is being used in the Pulse Detonation Engine which has been developed by the USA?
Question 2. Do you think the Silver price has been surpressed to support the US and British military structures, with an emphasis on the production of Silver Acetylene type explosives?
it is so great to have you here in Poland 😊 i hope to see you on a silver event in a near future😊 what Polish city have chosen to live in? have a wonderful time in our beautiful country 🥂👍
You may see me around. Possibly in Wrocław later this year.
I was thinking the same thing, your answer makes sense.
Thank you Bald Guy for this valuable information.
During the hyperinflation of the Weimer Republic, a single family home could be purchased for 5 ounces of gold. If the worst case scenario happens here in the US, might we see comparable ratios for metals and real estate?
I don't think we'll see numbers like that - and those stats do not take into account the types of transactions made back then. They might not be the types of places people really wanted to live (below median quality).
@@baldguymoney5568
I think we will see numbers like that. Only when is the question. Great reset remember, they will make everthing you own worthless. That's when PM come in. I'll wait till we see half an ounce for a free standing home with decent ground here in the Netherlands.
It won't happen
@@almarkowbender
I n the 1600's here in the Netherlands you could buy a 'house' called 'grrachtenpand' in the centre of Amsterdam for half an ounce. I don't see any reason why we couldn't return to that. Only reasons it will.
@@smobach Definitely not in our lifetime
Here in the UK, you could have bought an above average home for 1000 oz. of silver in January 1980.
Yes - the 1980 blow off top is a statistical anomaly - I don’t include it in my content because of the circumstances surrounding it. Will do a video on it soon.
Thank you. Very insightful.
Hi Bald guy,
As we know, gold rises during wars and crises. What about silver? To be completely honest, it is a precious metal and is used in industry in particular, but during crises and wars, industrial consumption decreases. Is it possible that we will see gold rise and silver fall during crises and wars?
Thank you for this information Bald Guy!
Hey Bald Guy, you are the best.I learn a lot from your videos, keep up the great work.
Congrats on the move, thanks for everything.
Thank you Sam!
In Spain Galicia we can still buy a stone house for renovation for 3000 to 5000 euro
I want to buy one. Please tell me how. Thanks.
@@hombreenbusca1532 just look for houses for renovation in aldea Galicia Spain thair are abandoned villages as well
Is this your email address I can send info and pictures for you
Just keep doing what you are doing. Your channel is a success. There's an old saying, "If it isn't broke, don't fix it".
Thank you so much!
Id live in Poland except for my love of my 2A rights here in South Dakota.
Thanks so much for sharing your knowledge it really helps!!! Quick question on one of your old videos about how much silver it takes to be in the top 20, 5 and 1%. To be in the top 1% is that 492 oz or Troy oz?
If memory serves me right - that is correct.
@@baldguymoney5568 You said that is correct but which one is correct? 492 oz or 492 troy oz?
Reason I am asking is 448.5 troy oz = 492 oz. I currently have 386.04 Troy oz. I had only 4 oz until April this year.
Everything is counted in Troy ounces for gold and silver. Apologies. Getting a lot of comments and questions these days.
Congrats on the move back home! I really enjoyed the “oz of gold to buy a house” logic.
I am very intrigued by the land of land page. Will check it out.
Thanks good thoughts I’ll check out your sponsor
Excellent report thank you sir😊🎉❤ thumbs up 👍👍👍👍👍😎
Thank you kindly!
Congrats on the move to Poland!
Do you think you could please do a video breakdown of what type of gold and silver you recommend (e.g. 1 ozt sovereigns, 100 ozt bars, etc.), and where you recommend selling when the time comes (big dealers like PIMBEX, local coin shops, private party, etc.)?
Thanks, and congrats again!
How about a handy, dandy, crib or Bald Dude cheat sheet ... that we can carry around in our vest pocket as a referance card that visually tracks the optimum and anticipated price of pm's into timely strategic conversion assets. In other words something we can look at as an investor valuation target .. when it is best to reverse stacking ... into other revalued hard assets. Price, time, ratio, graph, map or crystal bald guy ball ? Love your content ... even if I have to start learning Polish for the content. In simple terms ... gold for dummies.
I like your perspective on focusing on the quality of your videos instead of quantity. Keep up the good work! I enjoy watching your videos and I always learn something new from them. God bless!
I really like your joint ventures between today's topics and what the average stacker can learn to better themselves as a stacker
Thank you so much! Sending my best wishes.
Bald Guy you are the best on this channel
Thank you so much!!!
BGM packs in more relevant info. with less words than any other PM CZcamsr. Thanks, BGM and congrats on your new place.
Very inspiring bald guy money thank you for this great information u da man 😊😊😊
Hey Bald Guy, enjoy the thought experiment. Personally I believe 2492 oz is a conservative number compared to the 1000 oz per house in the 1980s silver highs. It sounds like it could play out in a number of scenarios...
A. Median housing price COULD possibly drop to $75K based on silver at todays pricing.
B. Based on your silver (I believe mid 60's) prediction... Median US house prices could potentially drop to roughly $160k
C. If Median house prices stayed the same Silver prices could indeed reach a potential $168.72.
What are your thoughts on how silver and housing will meet?
I don’t think silver will crack $100 - but housing will come down to meet it in the middle where we may see my numbers become reality.
Bald guy I watch your videos quite a lot. I value your insight. Great minds think alike and I appreciate. You sharing with us your opinions. I may not agree with everything you have to say, but I do watch your videos and should say a lot. God bless you and yours.
Hi Eric! We don’t have to agree on everything. Sometimes it’s good to just talk about ideas. Wishing you all the best!!
Your videos reinforces why I buy silver, been buying silver since 2002 and I will continue to buy going forward. Thank you
Glad you found it useful.
Just the video I was looking for . Wow. I’m stacking silver and Gold and not selling until I’m able to buy a house cash
Thanks BGM!😎
Thanks for watching.
Thank you man. Agree with you on the 1 video per week
You mean you don't want to see me read news articles 5 times a day? Thanks for watching!
So do banks take actual gold and silver as a down payment,.. or cash it in at $2400 for gold per ounce and $30.00 for silver??
Depends on the bank. Most will take possession of the metals as collateral (if we’re talking about borrowing against metals as I understand).
Real money value probably will be realized in our future, I agree those who hold metals will most likely benefit more than others!
Last time it was the housing market crash that led to the recession which made the house very cheap compared to gold. Don't you think you will need housing market crash this time to repeat the same scenario?
It may be commercial real estate to lead the way this time around. That or sovereign debt.
@@baldguymoney5568 Will this lead to the same effect for residential housing? I think the effect is less from commercial real estate but there are no more asian buyer this time and in fact China real estate can be part of that crash too. So the recovery will take longer IMO.
Thanks for the video. I like the one video a week - quality over quantity approach.
I'm very interested in your sell strategy if your 3 year metal price predictions come true. How much will you sell, at what prices, and where will you rotate into?
You’re working hard Bald guy! The one man army. Would you ever show your full precious metals collection or just partial in the future?
I may think about that - but it's hard because I have it in multiple locations now. I'm not keeping any of it in my home as I did in Dubai. Thanks for the comment!
Thank you
This is the topic that really gets deep with me. I always feel precious metals should have superior purchasing power over real estate. If I had my way a house would cost a 1/10th ounce gold coin.
If you owned a nice home - would you sell it for so little?
You're right, you have to do some due diligence. I'll be looking into that service to see what it's about. I moved to Florida in 2010 so I know some things about their real estate transactions and property purchases. You definitely have to look out for yourself here, there's no consumer protection. Buyer beware. Congrats on your move.
39.9k !!! Almost at 40k!
Patreon is so worth it🤙🏽
Hey!!!!!! We made it brother. I have so many comments it's hard to keep up with them.
Thank you for the video.
Hey it's Sean Evans again. With a pink cushion behind this time.
For the youtube algorithm 😎👍 #DCAandCHILL
Glad the move went smoothly for you.. Take care boss😎✌️
Thank you boss!
Land where I live in NW Missouri is selling from $8000 to $12500/acre
Hey Bald Guy, awesome and very informative video as always. I know you probably don't want to dive into politics on this channel, but after this weekends events, to me anyway, it seems like a candidate has a way better shot than the other. With the perception that it would bring a better economy. My question is do you think the election at all will play into an effect on if/when we will see the next crash and have metals revalued to a legitimate price? What would it mean for gold/silver if the economy does turn around?
Uhm, that’s ALOT of gold and silver! As they are going up, that will be VERY hard to accumulate
It still cuts the cost of a home significantly. Metals can also be used to fund a down payment.
I love this, it hasn’t even been 15 years since this song was on the radio last. Gold is going to the moon, you’ll be able to buy a house for 2 1/2 pieces of gold, anybody holding gold will be billionaires. 15 years later same people are holding the same gold barely keeping up with inflation. The only one making money today and the last 15 years are the sellers and brokers. 👍👍👍👍
the hype is real !
Thanks for watching.
@@baldguymoney5568 You are very welcome ! Cheers.
Excellent video
Thank you very much!
You are giving me great ideas for the future.
That's great to hear!!!
Thanks, BG
I see ya!! Thanks man. Wishing you a great day.