Silver and Gold Investing is a BAD Idea discusses the recent video Dave Ramsey published discussing whether silver and gold is a good or bad investment. Many within the stacking community view silver and gold as an investment in oneself, not so much a financial tool to earn a return. However, many believe in the precious metals as a tool for savings and hedging against inflation. But what about some financial experts like Warren Buffet or Dave Ramsey? Do silver and gold enthusiasts have it all wrong?
DAVE RAMSEY VIDEO: https://www.youtube.com/watch?v=rC097x9aNwA
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#investing #gold #silver
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@TheInfiniteMag
I mean he's kinda got a point the only thing that makes gold and silver valuable is because people want it but in a reseasion people aren't gonna chase gold specifically they'll chase whatever the trusted currency is and its not gonna be gold note has it ever been nowadays it's literally the old school crypto
@DaveAnderson-zy4qm
Who is Dave Ramsey?
@Jijhebtmijnnaamnietnodig
He probably own gold/silver Mines not the metal
@Mara8591-f4t
Buy 250 Oz Gold/Au…Living in fear of your home being invaded day and night. And people can easily find out where you live. Will need a half million dollar safe and security system. Or gang cartels find out and will track your bank Au drops and Au withdrawals. Not the way I want to live, people would slice and dice u for an Oz of Gold.
@haroldhunter4671
Go buy another house Dave.
@angelchicago007
Ramsey is a 🤡
@anthonyrude
This didn't age well
@patriotgirl1
Who “paid” him to say this? Gimme a break!
@86Disab
Hmmm.. Dave is an idiot.. gold and silver has doubled since this video…
@washingtonredskins2228
Gold has outpaced the S&P 500 since 2000. 13x vs 3x lol
@IGotsToKnow2
Cash buys metals plus cash commission.
Metals are sold for cash minus cash commission.
Cash, not metals, pays bills.
No one is legally required to buy your metals.
Cash can quickly buy and sell other assets to increase cash.
Metals are slow motion to cash.
Cash can be protected in banks/credit unions.
Credit cards can temporarily protect cash.
Physical ownership of metals can be stolen and permanently gone.
Ownership of fake metals is easier than fake cash.
Cash is king.
@Benjaminsmallwood
I think you're WAYYYYY WRONG
@ItsAllAJoke111
Dave Ramsey is Boomer POS. His stupid Jesus schtik is a game he plays on older rubes who listen to him. The guy is a bona-fide sell out. He is in the pocket of the establishment. The only good thing he says is to get out of debt… after that, he leads people off a cliff and does it on purpose.
@davidjewett112
I've said many times he's a dumbass
@AmmoMaster
Dave is a moron!!!!
@GeorgeAhhh-w1k
I call you out as a straight up liar.
@CONTENDER791
Ramsey is clueless about Gold He cost thousands of people millions will his terrible advice about precious metals
@desertcat93
Good luck with that Mr Ramsey
@davidoconnor6051
This is stupid, the dollar goes down while the gold and silver go up. Once the dollar is worth nothing Dave will have millions of worthless paper while I will be rich with my gold and silver.
@Rabi_Steve
Dave Ramsey is boomer moron that is part of the overall problem with our modern monetary system he is complicit in the BS
@BitcoinRadioKBTC
Yeah it's good for a couple years then switcheroo
@donttrustnobody
Dave Ramsey knows a lot, but he don’t know shit about collecting precious metals
@Boomer715
What you are watching is the collapse of the dollar… It’s not the price of gold going up that you’re seeing it’s the value of the dollar going down
@fhhfgj
Dave is a fool directing other people to be bigger fools.
@Trapster99
Gold and Silver : Wealth PRESERVATION.
Dave, enjoy your Fiat Currency
@durtyd9625
Simple fact: I bought silver last year = that silver has almost doubled in value = I win = Ramsey is just biased.
@euronymphingflies
Dave Ramsey also went bankrupt in 1988, tells me all I need to know
Anonymous
He is a joke.
@fifthavenuegirl
he looks 68 to me
@michaelscott4718
dave ramsey is an udder f*cking idiot and anyting he sells is bull5hit
@matthewclark8950
This didn’t age well 😂
@OPTIONALWATCH
Dave Ramsey is a fool.
@libertyforever836
Dave Ramsey does not know what real money is. And I don’t think he wants to know because it would destroy his business.
remember what his business is. He tells people to store debt, you know that paper and ink that says federal reserve note on it?
He should have people save real money that will always have intrinsic value. Not that crap paper and ink.
@TheEndtime60
Dave Ramsey is a condescending jerk!
@mikyl-fo8rh
that’s Ramsey’s problem; is he not being sued for inappropriate financial advice?
@good2goskee
DR… this has not aged well. Ray Dalio and John Tudor Jones are worth BILLIONS …not 100s of millions… and have lots of gold.
Btw…. 200M German marks was a loaf of bread in 1923
@OPTIONALWATCH
That fool forgets that he scams vulnerable people who buy his books and programs to see if they can get out of debt.
@rhcp4life697
Worth 100s of millions without precious metals. Imagine what he could be worth if he wasn’t so closed minded on precious metal investing
@alanwbutler2292
Since Nixon defaulted on the Bretton Woods agreement gold has out performed the stock market by 150%. What universe is he from? By the way, gold is not a yellow rock. it’s an element
@BSinNH
Worth hundreds of millions of fiat. Hope he is buying tangible assets with all that worth.
@thepimpingpotato8603
Dave is a Dumbass. A lot of us just won big time with precious metals.