Now It’s Going To Happen In The USA! (Uncut) 04-13-2025

Gold & Silver Did This In the Rest Of The World – Now It’s Going To Happen In The USA!

And the fact that gold is not just a pet rock, it is money, and the flight back to its safety away from the U.S. dollar, which has only just started with a lot of movement back into gold out of the U.S. dollar still to come, has gold acting more like a growth asset right now than a safety asset. Hello everyone, welcome to Bald Guy Money, and this week gold and silver, despite some major volatility on the markets and a big recovery for stocks, held their share of the top ten assets when measured by market cap at 58% with silver reclaiming the seventh spot on this list after dropping to the eighth spot last week. And what this tells us is something many of us have known for a couple years now, and that is with the future of the U.S. dollar and viability of fiat currency being thrown into question, metals is the play right now, not only for protection, but quite possibly for growth moving forward, and we’ll talk about why shortly.

But with the dollar collapsing under its own weight, there was some good news for people who are worried about what comes next, as the Federal Reserve Bank of Boston president, Susan Collins, said the Federal Reserve would be prepared to step in and stabilize financial markets if needed. Now this shouldn’t come as a surprise to anyone, especially when you consider the fact that the Federal Reserve is already building a case for themselves in the media, not only with the story about them being ready to act, but by injecting stories like this one highlighting that U.S. CPI is falling faster than expected, a story that has truth to it and has some gold and silver bulls concerned that this could bring an end to the precious metals bull run, which has been fueled in part by inflation and that an economic crash will cause deflation and a major crash in the prices of gold and silver. So with two forces seemingly working against each other, one being the Fed’s readiness to print money and the other being falling consumer price index, in this video I want to cover why a return to quantitative easing, also known as money printing, is a near certainty at this point.

Once that’s covered, if the Fed is using falling inflation as an excuse to act, I want to tell you all what that really means for gold and silver prices, and if deflation, so falling prices, really means gold and silver prices are going to crash. Then I want to quickly cover whether the pullback targets I shared last week are still in play, or if we should be looking at higher pullback targets now, and we’ll finish this video off on the topic of gold and Warren Buffett. Is he buying gold? Is he buying mining stocks? And what about gold performance versus Berkshire Hathaway? This message also has a little bit about silver in it and Warren Buffett’s previous approach to silver, where he owned silver in the late 90s and early 2000s.

I will be talking about that as well, and this is a must-see for those of you who want to know what the world’s greatest investor is doing in relation to gold and silver right now. But 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, including 5 ounces of silver at spot if you use the code newcustomer at checkout, and I will leave the link to this deal in the video description below. So jumping in, what makes me so certain that the Federal Reserve is gearing up to start the Well, other than the strategically placed stories about a falling CPI and their readiness to step in if needed, which in itself is their way of trying to manipulate the markets to go a certain way, the fact is the US bond market is getting absolutely obliterated right now, most likely because major central banks like the Bank of China have accelerated their replacement of US dollar reserves with gold and other foreign currencies in response to US tariffs.

As a consequence of that, paired with a stock market sell-off, there is less demand for US debt and less demand for US dollars, and with roughly 9 trillion dollars in US debt needing to be rolled over this year, and fewer entities willing to lend the USA the money to roll that debt over, this is a triple whammy and will, in my opinion, force the US government to turn to their lender of last resort, we’ve heard this term thrown around before, which is of course the Federal Reserve, which means money printing. So, if you think the dollar is weak now, and it’s just reached its lowest point since 2022, remember this, the dollar is going to get a lot weaker still moving forward from now. In fact, the combination of falling dollar demand and quantitative easing once it starts could put the USA in a situation like the one Japan is facing today, and it wouldn’t surprise me, it wouldn’t surprise me if this ends up being one of the last times we see the US dollar index at 100 or higher.

Now, how weak will the US dollar get in relation to other currencies? I can’t say, but as things stand right now, the dollar is about 37% stronger than it was at its low in the fallout of the global financial crisis in 2011, when gold was approaching $2,000 an ounce for the first time, and silver nearly hit $50 an ounce. But if what my friend and friend of the show, Peter Schiff, recently said is any indication of what is coming, we could see the dollar getting even weaker than it did in 2011, and considering how accurate he’s been lately, I hesitate to call him crazy for saying that. That said, I think we’ll at least match those 2011 lows, consider what’s happening on the global scale right now.

Ultimately, what this translates to is higher prices for gold and silver, because even at current price levels, a weakening of the US dollar to 2011 levels would result in significantly higher prices for both metals, as you can see here on the screen. And that’s not even factoring in the major moves that are likely to come for both gold and silver in 2026, as the US economy continues to weaken and people react to the Federal Reserve starting up the printers, which is my base case assumption, and why I think we could see a 2011-style blow-off top event as soon as next year for gold and silver. But to be fair, there are people on the other side of the fence when it comes to gold and silver prices, and you need to hear this because it ties in well with the pullback numbers I shared last week.

Because there are people who say a falling CPI and falling prices will lead to deflation, and that will mark the end of the bull market for gold and silver. And much like the stock market has given up a lot of its gains recently and is poised to go much lower still, a high gold price is starting to work against gold. That is the argument these people who are talking about deflation are making, and what they’re saying is that demand will go down as a result of the high price of gold because people won’t prioritize buying gold or physical silver, for that matter, in hard economic times.

And that argument is absolutely compelling, it’s interesting, it’s even logical to a certain extent, and there are a lot of clever people out there saying it, repeating it, and using it as an argument to convince themselves and people close to them that they didn’t miss out on this rally in gold, that there will be no rally in the price of silver, and that this is just a bubble, and 2011, when it comes to precious metals, is happening right now, and that there is no more blow-off top to come. And I know this may sound counterintuitive to some of you because many people think gold and silver only do well when inflation is high, but that’s not entirely true, because the poor economic circumstances that result in debt defaults and a falling CPI also typically lead to higher metals prices, and we saw this in 2009, which is the last year we saw a negative read on the US CPI for an entire year. A year in which we saw the price of gold rise by almost 28%, followed by another almost 28% gain in 2010, and finally capped off by the 2011 move to where it almost reached $2,000 per ounce for the first time.

And it was also a year where we saw the price of silver skyrocket by more than 57%, followed by an 80% gain leading into March 2011, when it nearly reached $50 an ounce. And for those of you wondering when the last time that happened before 2009, so when the US CPI was negative for a year, the answer is 1955, so I really don’t have a lot of other data to measure this against, because it was 54 years before that happened, when the US was still officially on a gold standard. And what that tells us is the devaluation of dollars since 1913 has been a steady phenomenon that has only stopped for a breather a few times since the Federal Reserve was created, as shown in the image here on the screen, and that all we can do is expect more debasement in the future and position ourselves accordingly based on this information.

And that brings me to the pullback targets I shared with you all last week, because many people are using these targets as an excuse not to act. And I want to make it perfectly clear to everyone that I do not share these numbers on the channel for you to sit back and wait for them to come. These numbers are to manage your fear levels, especially when there’s a lot of fear in the market.

And it is to give you a clear sign if we see these pullback targets realized of when the right time to start stacking really aggressively is. That’s it. That’s why I share these numbers.

Because as I said in my video from a few weeks ago, when I correctly said that silver would go back below $30 an ounce, if you watched that video and really listened to what I said, what I said in that video was, even though I expected it to happen, I expected silver to go back below $30 an ounce, I prepare myself and I behave as if it will not happen. Because as I’ve just demonstrated, fiat currency debasement is a constant. Gold and silver have a rare setup right now that will push the prices up significantly higher over the next two years.

And waiting to try to nail a big pullback, as I’ve said here on the channel before, is a mistake that people have been making since gold broke above $2,000 an ounce at the end of 2023. And what we should all be focused on today is the fact that the U.S. dollar is going much lower. And even if prices of goods temporarily come down due to slowing economic activity, the reality of new highs for both gold and silver will happen, just as we’ve seen happening in 2025 already, when measured in other currencies like the Canadian dollar, like the Australian dollar, and like the Japanese yen.

And this will happen as the Federal Reserve prints money to fund a government that’s, let’s be honest, running out of financing options, that will force interest rates down, that will reignite inflation, and it will cause the dollar to plummet relative to other currencies, making their reality, their reality today, the one where silver is already higher than it was in 2011 in Australian dollars, that will become an American reality. And in my opinion, the best place to find refuge as the money printers start to work, as money supply balloons again, and inflation takes off, just like it did in 2020 and 2021, will be in hard assets, things that can’t be printed like gold and silver. Now, just before we discuss Warren Buffett’s current approach to gold, which you don’t want to miss, please remember that if you want to diversify your hard asset portfolio into land, visit channel partner landofland.com. They have beautifully located lots like this one here in Arkansas for $2,495, which is less than the price of one ounce of gold, or this one here in New Mexico for people looking to speculate on undeveloped areas for $995, which, as you can see, is about the price of 31 ounces of silver today.

So check them out at landofland.com, and remember to use code BALDGUY to get $300 off your purchase and get something that can’t be printed by the Federal Reserve, and get it before the Federal Reserve starts printing. Okay, so with that covered, it’s now time to answer this video’s viewer question, and remember, I answer one viewer question in every video I do. All you have to do is leave it in the comments section for me, and you never know, I may pick your question to appear in my next video.

And this week’s question comes from a viewer who calls themselves KShane, and he asked me about a stat I discussed with Eric Roach in Thursday’s video, and what Eric said in our chat in that video, if you haven’t seen it, was, since 2000, the performance of gold has tracked very closely with the performance of Berkshire Hathaway, which is, of course, actively managed by arguably the greatest investor of our time, Warren Buffett. Now, we’ll come back to that data in a second, but what KShane asked was if that includes dividends. That was his original question, and I answered it, and then I saw he edited the question to change the timeline to be measured from 1985, which was not discussed in the video, followed by a sarcastic question.

Now, I will engage with all viewers in the comments section of my videos, but if you want to increase your chances of being engaged with, I always appreciate respectful comments, including respectful disagreement, made in good faith, whether you agree with me, by the way, or not. But this week, I’m going to make an exception. Because K’s original question was not, do they pay a dividend? It was, does that include dividends? And I suspect Shane edited his question after I responded to him the first time, as he may have felt silly not knowing the fact that Berkshire Hathaway, like gold, does not pay a dividend, which means, in a way, gold is competition for Berkshire Hathaway, with both being regarded as generally safer than most other investments.

Neither pay you an income, and any gains you get are materialized from the sale of the asset in order to exchange it for something else, if you want to exchange those gains in order to buy a house, or shoes, or a watch, or whatever it is you might want to get. But there is one major difference between Berkshire Hathaway and gold that we have to recognize, and that is the fact that Berkshire Hathaway is a company that owns shares in other companies. And we’re going to talk about some of the companies they’ve owned, and some of the assets they’ve owned in the past shortly, but that very fact means that owning the stock comes with counterparty risk, in that the value of your investment greatly relies on the people and processes in place at those companies that Warren Buffett has decided to take your money and invest in.

And as we’ve seen at Disney, and I know Berkshire Hathaway is not involved in that, but I’m just using this as an example, as we’ve seen at Disney over the last few years, toxic ideological policies can lead to a loss of your investment, whether you agreed with what they were doing or not. Gold, on the other hand, is money. It has no counterparty risk or risk of default.

There is no CEO that can suddenly cause its value to drop because they mismanaged it. Gold is gold, and the world is starting to remember that. Now, before we move on to what Buffett is doing as it pertains to gold and silver right now, to answer K. Shane’s second question on his preferred timeline, the answer is no.

Gold hasn’t outperformed Berkshire Hathaway since 1985, as Berkshire A shares, Berkshire Hathaway A shares, those are those most expensive ones, are up 61,390% over that period, which is a testament to what a great investor Warren Buffett is, and he absolutely deserves respect for that. But coming back to this chart showing how well gold has done since 2000 versus the greatest investor of our time, this is in itself a testament to the fact that people are waking up to gold again, and the fact that gold is not just a pet rock, it is money, and the flight back to its safety away from the US dollar, which has only just started with a lot of movement back into gold out of the US dollar still to come, has gold acting more like a growth asset right now than a safety asset. And as impressive as Berkshire Hathaway’s performance has been, remember, it didn’t suffer through a coordinated sell-off by central banks at the end of the Cold War that lasted from 1989 to 2009, a period I call the dark ages of gold, where people literally forgot that gold is money and also forgot that paper currency always returns to its intrinsic value, which is zero, or the value of the paper that it’s printed on.

But once again, people are remembering that, and it’s why central banks, which started buying gold again in 2010, stepped their buying up in 2022, and as more of them get on board with what’s happening, especially those that have very little gold, yes, UK, I’m looking at you, or those central banks that have no gold at all, Canada, yeah, that’s you, we can in the least expect this trend to hold steady, if not accelerate. And this is why we’re hearing so many rumors about Warren Buffett becoming interested in gold, and gold miners, and even physical silver. So what is the truth about that? Because I have seen comments mentioning these rumors as of late, and the truth may surprise you.

So let’s start from silver, because although it is true that Warren Buffett and Berkshire Hathaway owned a large amount of silver from 1997 to 2006, leading into the launch of the first silver ETFs, which he is rumored to have sold his silver to, by the way, as things stand today, Berkshire Hathaway has no silver holdings, and that includes silver miners themselves. Now, does Warren Buffett himself personally own silver? Well, he publicly claims he doesn’t, and although I suspect he must own some silver, there’s no way he doesn’t have any. I have to bust the myth on Buffett being a big silver bull, and Berkshire Hathaway investing in silver and silver miners, because there is nothing to substantiate that claim as things stand right now.

But what about gold? I mean, he started aggressively selling out of his stocks last year when the S&P 500 was at $5,250, which tells me that at $5,300 today, it’s still overpriced, and he moved that money, that cash that he got from selling the stocks, almost entirely into short-term U.S. bonds, where he’s been earning interest on it as the stock market has justified his move and started to pull back. While gold, on the other hand, has soared, and this has fueled rumors that Buffett and Berkshire Hathaway are now looking to acquire a gold miner. Now, for those of you who may not know this, this move wouldn’t be unprecedented as he purchased shares in Barrick Gold back in 2020, but quickly sold out of them at a loss in early 2021.

And although there are no substantiated rumors of him wanting to do this again, so don’t believe the fake posts claiming he is ready to buy Newmont, that’s the rumor that I’ve heard circulating on the internet, Warren Buffett publicly remains against gold, and it’s doubtful he’d invest in something that he publicly says he doesn’t like. Even in a stock market where the only obvious deal today is mining stocks, which, as you can see here, are still two to three times lower than what they were in 2011, despite the high price of gold and recent crash in oil prices, which is precisely why I continue to hold my mining stocks, even if Warren Buffett doesn’t want to get on board. So with that said, that’s it for this video.

I want to thank everybody for watching it in its entirety and making it this far. Please remember, if you like this video, leave a like below, leave a comment or a question for me that I may cover in a future video. But please remember, we are on the precipice at the edge of a major financial event.

This crash, this correction, this market event is only just beginning. There is a lot that’s going to happen between today and the end of the year, which means that there’s going to be a lot of volatility. So please just remember those pullback targets that I’ve shared in case we see that significant pullback in metal still.

If a liquidity event happens in the market, don’t be afraid. Make sure that you’re taking advantage of those levels should we reach them. But remember to stay on a schedule as the most important thing you can do, because as I said in a past video, this is not an opportunity of price.

This is an opportunity of time. There is a window of opportunity open right now, and it is our responsibility, just like in 2022, as rates were going up and metals prices were going down to take advantage of it and not be afraid of what’s happening. Because what happens next, as I’ve covered in this video, most likely money printing and a crashing U.S. dollar relative to other world currencies are going to make their reality, as I said, an American reality, which means still much higher precious metals prices from where we are today.

So as I end all of my videos, I just want to say, please remember to take care of yourselves and take care of each other. Please remember to like and subscribe for more content, and I’ll see you all in the next video. Goodbye.