| Title | : | Silver and Gold Investing is a BAD Idea?! Dave Ramsey Says THIS About Gold and Silver! |
| Lasting | : | 8.35 |
| Date of publication | : | |
| Views | : | 435 rb |
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I quite listening to Dave Ramsey 15 years ago over this very thing He was calling people who invested in gold STUPID! He may be very good at teaching self control to people with their budgets But he is an arrogant idiot and shill for the rigged stock market! Comment from : @davidhorn5288 |
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Nonsense ‼️ EXACTLY the opposite Mr Ramsey - you are WRONG Comment from : @bevleighlange3312 |
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Are you brain dead? Comment from : @dangrotrian9113 |
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lol my gold doubled in value over the last 10 years, tell me again how is that a bad investment? Maybe it's bad because it drains money away from the stock market so the leeches struggle? Comment from : @ytfeelslikenorthkorea |
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What ever Dave Ramsey, Susi Orman, or that Jim Cramer dude says, you always know do the exact opposite and you'll be fine Comment from : @bd9434 |
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By this time im a conspiracy realist! PMs is a very effective means of saving not to mention many other benefits brbrBe your on bank! Comment from : @patriotares |
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why doesnt dave ramsey follow what his beloved bible says about gold and silver? Comment from : @Sogard69 |
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LOL Dave Ramsey? Who's that? A knucklehead talking mouthpiece? Comment from : @2quick24 |
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the gold i have bought in the last 3 months has gone up in value by £18000, good luck in getting that amount of interest with a bank account Comment from : @RATIONALSATANIST |
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Its a minimum of 5 year commitment Comment from : @fudogwhisperer3590 |
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I am doing just fine, I don't listen to Ramsey, he is full of it, 🐂🐂💩💩🐂💩💩 Comment from : @franklinmartin8103 |
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Since 2009, the approximate annualized returns (CAGR) are:brbrSilver: 36brGold: 56brBitcoin: 40brS&P 500: 145 (including dividends) Comment from : @jiujitsustl |
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Precious metals are not a good short term investment They are a good way to diversify your wealth Comment from : @TheClfurn |
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Dumbass Dave should be his new title Everything he says is from debtors anonymous Making a fortune off suckers Comment from : @LegalShield3000 |
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Dave talking about LOSS? Who has control of His stock certificates? He doesn't own anything that He doesn't have in His hand Let the drop happen and watch His paper become Vapor Who's He gonna call ? Gold is a Tier 1 asset internationally Comment from : @kelseycurtis1546 |
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imagine investing 10K 10 years ago ,,, more than triple profit Comment from : @jerryjohnson2421 |
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I believe silver is good,, in the future technology needs it and other reasons,,,,, 2027 China scaring Taiwan etc,,,many factors ,,,,supply and demand Comment from : @jerryjohnson2421 |
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He is just angry because in his past he bought some hold expecting a quick bang for the buck Who cares? Comment from : @scottishgold6595 |
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I have had silver since 1974, about 50 years ago It's gone from $5 an ounce to $29 an ounce In 50 years? Barely nothing Really not that great of an investment if one is older, which now I am Comment from : @charflorida5433 |
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Gold and silver isn't an investment, it's just a hedge against inflation Comment from : @blabla903 |
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watching this video a year later buying gold was the better option Comment from : @boredalchemist |
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I do not care about collectible aspect just the value of the gold Comment from : @williamfelts7530 |
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They can take your property by eminent domain Comment from : @williamfelts7530 |
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If Dave Ramsey says investing in Gold and Silver is a bad idea, he needs to be schooled As a professing Christian, I am surprised he is so ignorant on the subject Buffet is of the same mindset having sold his Gold or Silver way too early Gold and Silver have been money historically for the last 3000-5000 years Paper or fiat currency loses its value because governments can not restrain their spending God put Gold and Silver in the ground NOT Rockefeller Never forget that God says Gold is good in the book of Genesis Comment from : @LAStreetPreacher |
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Bad investment, huh Dave? I bought big into gold and silver in 2008 with $60k I gradually sold it all between 2010-11 and more than doubled my money in three years, especially with the silver And, these were tangible assets that I actually could hold in my hand, not numbers on a computer screen Comment from : @roywilkowski2326 |
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If he’s bought his wife a diamond ring, owns a car or cell phone he invested in precious metals ! Comment from : @945hilo |
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I've saved 10 percent of everything I've made It's now worth 41 percent of all I've made Better than the banks were paying Don't feel wrong about it Especially seeing what I see too come Comment from : @davidmccarthy5568 |
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Its gained 10 percent every year Cost of living has been about 11 percent Not enough markets have matched that How many times have you had you're shorts pulled up harshly? Pretty easily seen Comment from : @davidmccarthy5568 |
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you were very wrong Comment from : @KOJOSLIM007-so6cj |
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all of you guys giving prices are ignoring transaction costs in the buying and selling of the metal Comment from : @donsab-xz4so |
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Dave's advice is usually greatfor people with no financial self control Three areas I've always disagreed with him on:br1 "Never use a credit card" - Bull I play the Hell out of credit cards to maximize the cash back The key is never carry over a balance Not paying off the balance every time is what causes the fees to eat you alivebr2 "When paying off debt, put anything extra on the lowest balance to give yourself a little reward" - Naw Put it on the highest interest rate Absolutely stupid to pay off a 23 car loan early when you have a balance on a 23 credit card Giving yourself rewards is what got you into trouble in the first placebr3 "Silver and Gold investing is a bad idea" - No, it's a great idea as long as you don't panic and sell out every time the price drops a little Comment from : @johnluke4718 |
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When Paper Money becomes entirely worthless, You'll Need Gold and Silver coins and etc, to stay alive, especially if there is ever another great Depression Comment from : @terryboston3292 |
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Dave Ramsey is an idiot Comment from : @pauljacob99 |
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Was Comment from : @jamescohn247 |
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That's funny Comment from : @garyspear285 |
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If you buy precious metals just to get rich, you’re gonna have a bad time Comment from : @militantpacifist4087 |
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So according to Ramsey bank failures are close to zero possibility Interest paid by banks gets eaten up by inflation So over time you will lose enormous value with a savings account Comment from : @gy6tn |
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Gold and silver stacking is to maintain wealth or buying power over time as a hedge to inflation Not a stock to be day traded Comment from : @gy6tn |
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Holy Shit! 😁 That is some serious Goldstack! Well Done, OG! 😎 Comment from : @awowolol |
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The purity after 999 is so small at that point as to not increase the value at all because you have more gold Comment from : @julieferguson9986 |
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Dave Ramsey makes money off of paper money, he is not a true portfolio expert Any retirement expert says a part of your retirement should be precious metals Comment from : @robertbush8327 |
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Paper silver is worthless Any physical silver will be more valuable than having any ammount of US dollars(even a billion) within the next year or so US dollar is going to be more worth less than pesos Bricks will take over Comment from : @josephkenefic5086 |
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We are no longer in "normal times" and the same strategy will no longer work Comment from : @johnnyonthespot1665 |
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The problem with banks is they are losing money due to fraud and if multiple banks fail, FDIC insurance wornt cover everyone Look a the history of fiat currency, nuff said Comment from : @NorCalDubber |
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192000 when this was posted a year ago 272500 one year later 🤣 Comment from : @FredGSanford-hu1uk |
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lmao Comment from : @buyystocks |
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Sint mai bune hârtiile lor piper toilet ? Nuuuuuu Comment from : @gabrielskanda2862 |
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Well in 1994 gold was worth about $400 per troy oz, today, as of October 2024 the price is now about $2700 per troy oz, nearly 7 times what it was worth 30 years ago, the proof is as clear as day Comment from : @jfoley1987 |
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Bought 500 silver eagles a while back for $15 each Looking pretty good now, even though truth be told I bought them because they are INCREDIBLY BEAUTIFUL and I have been giving them to friends and relatives as gifts Also, how is buying PMs any different from buying stocks? Some people had all their money in Enron; others bought Apple at $050/share Comment from : @numberthree267 |
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Dave says cash is King, but what is the king of cash? Gold! Comment from : @zuffin1864 |
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Dave Ramsey is a communist brbrArticle 10 section 1 of the Constitution states all payments are to be made in gold and silver!brbrThe Federal Reserve is an illegal, unconstitutional entity and should be dissolvedbrbrRamsey is a f00l! Comment from : @freedomone776 |
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Silver is out performing the s&p 500 this year and it’s having a good year but so is silver Comment from : @pepsiccolausa8857 |
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Dave demonstrates that the rich are not always the most intelligent people Comment from : @ericfrey2866 |
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Cuz dave sells courses, thats how he makes money Not gold Also made millions in real estate, but says dont buy real estate cuz tenants wont pay and things break and youll go broke as a landlord😂 No one I know has gone broke doing either Comment from : @Crispy640 |
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Dave needs to a 2024 update video Comment from : @Watchingtheparadegoby |
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I’m not sure how much value gold lost over time because I’ve seen it double Comment from : @Mona-s2e |
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😂 Comment from : @larryharvey7709 |
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They couldn’t be that precious if you want dollars for them Comment from : @Bon-q8p |
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These metals have monetary value since ancient times for humanity, but whose to say people will use these metals for currency in extreme situations like nuclear winter or other apocalyptic events? People in the gold and silver echo chambers seem to always chant that these metals are "God's money" and will have value in the apocalypse, but can't seem to make strong arguments about why anyone would care about it in such extreme situations Comment from : @Constellasian |
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Percious metals are tied to the dollar value Comment from : @donniedotzler7387 |
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They do not want you to have a Savings Must be a Fiat Slave chasing the dollar and being paycheck to paycheck You would be smart if you had time to relax Comment from : @Fortnutterking |
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Ramsey is an idiot He said gold isn't money it's just a rock Well I have a question for Ramsey, if gold isn't money why does every big bank and every country hold gold as reserves? Comment from : @takenbyn |
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I hate to say this, but coins themselves don't pay dividends (though buying stock in gold or silver mining companies might) So buying precious metals calls for a strategy of "buy low, sell high", right? So I have to be a "market timer" This is discouraged for stocks / mutual funds, why should I engage in market timing for precious metals? Comment from : @williamjones7821 |
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The best part about gold and silver is no one knows you have it Comment from : @christopherpeery7436 |
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Who's Dave Ramsey, IS HE ANYBODY ? 😂😂😂 Comment from : @MegaHitman666 |
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PLEASE talk to people and tell them to STOP saying metals arent an investmentbrInvestment: "An investment is an asset or item acquired to generate income or gain appreciation"brbrYESmetals ARE an investmentbrif you bury a $100 bill today along with $100 worth of gold, silver or any other PMwhat happens when you dig them up 50 years later?brThe $100 is worth far less and the metals are valued much higher"gain appreciation"brbrYESmetals ARE an investmentbrWe need to stop denying that fact just because some crypto or real estate sort said they aint lol Comment from : @JohnnySilverfoot |
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i BOUGHT A BUNCH OF FRENCH ROOSTERS FOR $380 EACH A WHLE BACKbrRIGHT NOW THEYRE SPOTTING ABOUT $100 MORE AT $480ISHbrDAVE RAMSEY IS A MORON LOL Comment from : @JohnnySilverfoot |
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Yeah, it's clear to me the global money is ruined so that gold can walk away winning day after day year after a year Comment from : @beginnereasy |
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As a Christian man I believe that the gold and silver are Gods currency Comment from : @Idc350 |
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When the infrastructure collapses, Dave Ramsey will be sitting on a pile of worthless paper We'll be sitting on precious metals that humans have valued over thousands of years This makes Ramsey lose a bit of credibility, in my eyes Comment from : @SierraJuliet87 |
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How can you trust this expert? Comment from : @catdaddy5192 |
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Ramsey is the chief moron idiot! Comment from : @georgebaber681 |
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loser ramsey finally hit one u don't invest in metals for the apocolypse, u invest to sell high just before metals crashbrtrading a silver coin for food? youll lose out Comment from : @misfitty-vd6kv |
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Ramsey is in lala land Working the hold silver ratios from just 1978 to 1987 $2,000 invested you could have × 16 times and the $ devalued from 2 to $45 That would give you way over $60,000 in 9 yearsbr The $ is one of the worst holdings you could have Comment from : @rogerball3384 |
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Metal is a good long-term investment However, shortterm it's trash Comment from : @dickmcnigglin4201 |
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Every one your comments are awesome and correct go by what you see I wouldn't listen to him buy when low simple happy stacking and also invest in precious metals by lead and brass Comment from : @GeneNowicki |
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Great comment 👍 Comment from : @GeneNowicki |
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If you put money in silver a decade ago, you could sell it at roughly twice the price today, don’t listen to a guy that helps people making 209k a yr to get outta debt, we could all do that job Comment from : @nunzioification |
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lol clown … people really hate history Gold and silver obviously has had value for THOUSANDS of years and it always will If Gold and silver wasn’t valuable tell these countries to stop stock piling it Good video Comment from : @royal_on3 |
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lol its at all time highs today $2500 oz Comment from : @ClikKlack |
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Ramsey prefers being a landlord Good luck with that in the coming socialist utopia 😂 Comment from : @davidw5185 |
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