Are Gold & Silver Making You Rich? (Uncut) 03-30-2025

Are Gold & Silver Making You Rich? (Plus Silver Squeeze Discussion)

Hello everyone, welcome to BaldGuyMoney. To start this one off, gold hit another all-time high this week and it’s becoming a regular occurrence at this point, but what’s not regular is that gold and even silver have been consistently strong in 2025, despite the rest of the market, which includes stocks and crypto, selling off. And that’s not normal, because usually with big names like Nvidia, Google, and Amazon selling off, we could have expected metals to fall in sympathy with the rest of the market, because when everything sells off, metals usually aren’t spared.

But as we have been tracking consistently over the past few weeks, metals are being spared. In fact, a lot of capital is rotating out of big stocks and into gold and silver, supporting something I said back on March 9th, which is, I don’t think we’re going to see a 2008-style crash in metals this time around. In fact, something I said to look out for just a week ago seems to have already started, with silver taking over the 6th position from Google on this list of top 10 investable assets, ranked by market cap, and if you remember, I said silver should reach the 5th spot by April and hit number 2 by next year.

What’s more is, when we’re looking at this data, this is happening as gold and silver for the 5th week in a row now grow their share of value amongst the top 10 assets, going from 52.4% of the total top 10 market cap assets 4 weeks ago, to more than 56% of that total market cap today. And this tells us that, at least during this moment in time, and in relation to big stocks, precious metals aren’t only holding their value. They are literally making you richer.

And that’s a topic I want to explore in this video, starting with a bit of background into the monetary reset that is shaping the price action for gold and silver right now. Once that’s covered, I will tell you if I think gold and silver are just protecting your purchasing power, which is something many people say that’s all they do, or if they’re actually making you richer. And this is a very important topic because it’s one that has polarized the precious metals community for years.

And to finish this video, I’ve chosen another controversial topic, one that’s also polarizing the community right now. That is the silver squeeze, which is a coordinated effort by silver stackers to buy physical silver on Monday, March 31st, in an effort to apply pressure to banks that manipulate the price of silver using paper derivatives. And it’s a big topic.

So be sure to watch to the end of the video to hear what I have to say about that. Now, just before we dive in, please remember to check out www.summitmetals.com if you want to buy gold and silver at a great price from a dealer you can trust. And for those of you who want to send a message to the powers that be, telling them you’re sick of the manipulation, you’re sick of currency debasement, and that gold and silver are real money, by participating in the silver squeeze, please consider the promos you see mentioned here on the screen, which you will find when you visit summitmetals.com. But be sure to watch to the end of this video before taking action.

You will not regret it. Okay, so diving in, I have said many times on this channel that gold and silver may not make you rich, but they will protect the value of your labor. And I’ve even compared gold and silver to storing the value of your labor in a battery.

And although I stand by that statement, there is a really strong argument to be made that gold and silver have actually made people richer over the past 25 years. Now, what do I mean by that? Well, right around 1990, a major shift happened in the world. Some of you are too young to properly understand it, and some of you are probably so old you’ve already forgotten about it.

And I say that as a joke, of course, but I am talking about the collapse of the Soviet Union. And that’s a period I call the Second Modern Reset, following the first reset of 1971, when Nixon took the U.S. off the gold standard, after which we saw gold price shoot up quickly, followed by a blow off top in 1980, a pullback leading into 1985, followed by a resumption of the upward movement for gold up until about 1989, when the United States of America was unofficially declared the victors of the Cold War and central banks ditched their gold in favor of U.S. dollars in a show of support for the world’s only remaining superpower and the interest they were paying on holding U.S. treasuries in reserve. And as you can see on the chart here, it was the start of a long period where all central banks did was sell their gold, year in, year out.

And while most people in the precious metals community are laser focused on 1971 and the 1980 blow off top, this period here often gets forgotten. But why we shouldn’t forget it is because it put the major precious metals rally, so movement up, that started in 1971 for both gold and silver on hold. And we saw very little change in the average prices of gold and silver for nearly 20 years as a result, as you can see in these two charts here on the screen.

Now, as I’ve marked with the text, Something Changed, the upward momentum for gold and silver that we saw from 1971 until the collapse of the Soviet Union suddenly restarted thanks to the global financial crisis and the beginning of what I like to call the third reset. And of course, we shouldn’t ignore the launch of gold and silver ETFs or the growing need for silver in industry as additional catalysts. But that was a period where so many new dollars were being created out of thin air that central bankers started to question the viability of the US dollar reserve system, because what good was earning a bit of interest on your reserves if it could all be debased with the push of a button? And with that, precious metals came back into favor again.

Central banks became net buyers of gold again. And as I presented to you all last week, the median price of a US home when priced in silver has fallen by more than 50% since 2007 when measured versus the period from 1990 to 2006, making a strong argument, apart from recent growth amongst the top 10 assets measured by market cap that I showed you at the beginning of the video, that metals on a longer-term horizon starting from the end of the Soviet Union have been making people relatively richer. And when we take a look at the same data for gold, you can see that the same thing applies, as the median US home went from being 457 oz of gold from 1990 to 2006, all the way down to an average of 217 oz of gold from 2007 to today, and in fact it’s currently at one of its lowest points ever with a median US home, according to prices reported by the Federal Reserve, costing about 134 oz of gold today.

And it doesn’t stop at home prices, because as I demonstrated in last week’s video, it’s happening relative to stocks too, and this is the data I prepared for silver that shows the S&P 500 cost an average of 161 oz of silver from 1990 to 2006, and only 124 oz of silver from 2007 to today. And once again, this data shows the exact same thing for gold, relative to the S&P 500, which went from an average of 2.5 oz of gold to buy the index from 1990 to 2006, to 1.7 from 2007 to 2025, indicating that when we benchmark versus two major asset classes, those being US homes and the S&P 500, which let’s say that represents the US stock market, gold and silver are growing their value in relation to them, as the third modern reset accelerates, making long-time gold and silver stackers objectively richer, not just standing in place. And just before we move to the silver squeeze bit, let me make sure to highlight the fact that I said richer, and not rich.

Gold and silver are not lottery tickets, but they reward good behavior and diligence over a long period of time, and that’s what this data here on the screen is telling us. So please let me know what you think about this analysis and my takeouts about gold and silver actually making people richer in the comments section below. But with that said, I promised you all I would talk about the silver squeeze that is scheduled for Monday, March 31st.

It’s a topic I’ve been vocal about in the past, but a topic I want to revisit as viewers like David Brinkerhoff, sorry for massacring your name, David Brinkerhoff, want to know if I think it’s a waste of time or not. Now, just to be clear, I’ve gone on the record as saying one day of retail silver buying will do little to impact the big banks that everyone wants to take down, and considering the massive short-selling we’re currently seeing on the PSLV ETF, I am even skeptical that a GameStop-style squeeze can do much to stem the systemic manipulation of silver, as retail is competing with big banks on this one whose pockets are much deeper than the hedge funds that were squeezed back in the 2021 GameStop squeeze. And I stand by that point of view today.

But I also said three weeks ago on X before any silver squeeze idea had been thrown out there that if ever retail could apply some pressure to the market, I think it’s now. And I stand by that statement too, and it’s why I said I’d participate in the silver squeeze this time around. Because despite my skepticism about taking the banks down in one day, a perfect storm is forming, and it’s one that I first mentioned when I analyzed silver’s supply and demand dynamics in July 2021 in one of my very first YouTube videos, where I said I expect to see silver reach $60 an ounce by 2026 as supply deficits start to have a greater impact on price.

And for those of you who have always been wondering where does that 2026 target of $60 come from, that is where it comes from. It comes from that July 2021 video. Now, coming back to the silver squeeze itself, the precious metals community seems to be extremely torn on this topic.

And I know personally, because I’ve attracted a lot of negative energy on X as well as in the comments of a recent YouTube video I did about the topic. Because on one side, you have people who say all this does is it allows dealers to raise their premiums and rip off stackers. And on the other side of the coin, you have people who say, we know this isn’t going to take down the banks, but it sends a message to them about our dissatisfaction with the manipulation that’s going on and the currency debasement that’s been favoring the wealthy.

And this allows us to build awareness around the topic and attract new people to precious metals. And to be perfectly honest, I understand and I sympathize with both sides. Because the 2021 squeeze undoubtedly attracted some new blood to silver and gold.

And I think that’s a great thing because gold and silver are important to own if you want to have a properly balanced portfolio and protect yourself from uncertainty in the financial system full stop. But the truth is, in 2021, a lot of dealers jacked up their prices during the silver squeeze. And those of us who were around remember how high the premiums got.

And it wasn’t because mints stopped producing coins or bars, despite that being used as an excuse of why the prices went up. Because the U.S. mint produced more in 2020 and 2021 than any other time in history. And the reality is, yes, retail supplies were crunched for a while that got the premiums moving up.

But once dealers caught wind of a coordinated buying effort, they tested to see how high they could take those premiums and just how much they could profit off of it. And they amplified the urgency to participate in the silver squeeze by using FOMO, using outrageous claims like the one in the image you see on the screen here, preying on people’s hopes of being able to use precious metals like a lottery ticket, which I just said a moment ago, they are most certainly not. And hopeful claims like, again, the one you’re seeing on the screen, which actually uses data from about five trading days in 1980, not the entire year, led to people selling off assets, borrowing money to buy silver because the expectations were set so high.

And that’s why I use long term data built on pricing averages to make the points I make in these videos, not picking specific moments in time to create unrealistic expectations. But as I just demonstrated, something is happening with metals. Supply deficits for silver are real and people are starting to reap the rewards of long term ownership.

And to take part in building awareness of what’s going on, I have decided to participate in this silver squeeze, not because I think it will take the banks down on Monday, but because I stand with people bringing attention to the illnesses that exist within the current financial system. And for that reason, I don’t think it’s a waste of time. Now, for anyone who is planning on participating in the silver squeeze this Monday, please consider these points, starting with buy what you can afford.

Don’t make the same mistake that some people made in 2021 by overstretching yourself. And remember, you don’t need to buy a lot to make a difference. Even just a few ounces is enough to send the message.

The second point on the list here is if your preferred dealer starts pricing shenanigans or games on Monday, shop around. Let them know you’re not happy about it and take your business elsewhere if you have to. The worst thing we can do is reward bad actors in the space who see profit in the message we are trying to send.

The final point is just because I’m participating and that I’ve said, you know, I’ve named my reasons for participating because I want to stand with the silver stacker community, it doesn’t mean you have to participate. Especially if you’re skeptical about the movement, I am sure we still agree on a ton of other things. Even if you don’t agree with me participating in the silver squeeze itself, you can always sit this one out and disagree with me.

That’s not a problem. But if you decide to participate in the silver squeeze and you’re on a budget or you’re worried about premiums, remember that first time buyers at Summit Metals get five ounces of silver at spot. Their first five ounces.

And I’m not saying this because of my affiliation with Summit Metals. I’m saying if you’re skeptical about what’s going on with the silver squeeze, but you want to participate somehow and you haven’t bought from them, why not take advantage of buying silver at spot with no premium at all? They lose money on the transaction. The only reason they have it is to prove to people like you who are stacking precious metals anyhow that they’re a good dealer and that they can deliver to you in line with your expectations.

And if you want to top your order off to get above the $299 needed for free shipping, I spoke to Eric yesterday. Some of you will remember him. I did a video with him in Germany back in February.

He is the founder of Summit Metals. I asked him for something good at a discounted premium, and he’s agreed to offer these 2025 Canadian Maple Leaf coins at a reduced premium while the stocks last. As you can see, the price is flat.

You don’t need to buy a bunch to get that lower price locked in. You don’t need to start from 25 or 100 pieces. You can order as little as one piece and get this price.

But of course, there’s no pressure involved in this message. If you decide to sit the silver squeeze out, you’ll still be able to buy silver on April 1st, and only a fool would believe that’s not true. So in summary, although I love the energy around the silver squeeze, and because I’m super grateful to the community, and again, I want to stand with the community to participate in it this time around, we have to keep our expectations grounded in reality, and we have to make sure we don’t repeat some of the mistakes of 2021.

Because although I agree that silver is real money, the U.S. dollar price we pay impacts how much of it we can get. And for now, although I remain firmly based in reality with respect to my expectations, I am also optimistic that our efforts over the long term by staying on a schedule as the U.S. dollar is constantly being debased will have the intended effect which is protecting us, but it will just take longer than one day, this Monday, March 31st, to happen. With that said, that’s it for this video.

I thank you all for taking the time to watch. If you enjoyed it, please don’t be shy and leave a like below. That helps this message reach more people, and if you think there’s anybody specific in your life that needs to hear this message, please don’t be shy.

Share this video with them as it helps me grow my viewer base. Now, as I say at the end of all of my videos, please take care of yourselves, but more importantly, take care of each other. I’m wishing you all a fantastic day and week ahead.

Goodbye, and see you in the next one.