Prepare to be captivated by this thrilling YouTube video as we delve into the question: “What’s the minimum amount of silver or gold you must own?” The insatiable desire for more is an eternal struggle, but today we uncover the power of logic and budgeting in finding the answer. Brace yourself as we reveal that holding six months’ worth of living expenses in silver and gold is the key to financial security. When faced with challenging times, one can always reduce expenses while witnessing the astonishing rise in the relative value of these precious metals. Beware the perilous path of using credit cards to acquire silver and gold, as a floating rate during hyperinflation could lead to catastrophe. Discover the wisdom in owning silver bars or rounds, ranging from one ounce to the exhilarating ten ounces. Join us on this suspenseful journey and unlock the secrets of safeguarding your wealth and conquering financial uncertainty.

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    Paid Promotion Disclosure: RONS BASEMENT YouTube channel is sponsored by First Mining Gold. Any information shared in this video should not be construed as investment advice or a recommendation to buy or sell the company stock (informational purposes only). Ron does own a significant number of First Mining Gold shares, which were purchased years before the commencement of this sponsorship arrangement.

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    Livestream every Tuesday at 10 a.m. Central Standard Time come join us in the basement, everyone is welcome!

    Silver, silver price, wall Street Silver, Gold and silver, silver and gold, silver stacking, gold vs silver, housing market, crypto crash, stock market crash

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    Informational purposes only. Do not buy or sell anything, make any type of investment decision, adopt a puppy, get engaged or do anything based upon the information I share with you.

    My current portfolio:
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    ALSO hold positions in:
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    I follow Andy Schectman, Rick Rule, Keith Neumeyer, Frank Giustra, Michael Gentile, Eric  Sprott, Larry Lepard, Kitco, Stansberry, Brent Cooke, Peter Grandich, David Hunter, Daniela Cambone, John Feneck, Bill Powers, Stansberry Research, Rafi Farber, Charles Nenner, Greg Hunter,  Goldman Sachs, Tucker Carlson, Joe Rogan, Peter Schiff, Andy Schectman, Michael Oliver, Kai Hoffman, Steven Van Metre, Jim Rickards, Russel Brand, Gerald Celente, Ed Steer, Ron Paul, J Bravo, Michael Pento, Gregory Mannarino, Lyn Alden, Heresy Financial, Sorelle Amore, I LOVE PROSPERITY, Gareth Soloway, Graham Stephan, Parker Schnabel, Jeffrey Gundlach, Michael Maloney, Alasdair Macleod, Bill Holter

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    33 Comments

    1. I just added another 300 ozs. Yesterday. Soon I will be in excess of 16,000 ozs. after near 47 years. Debt FREE now for 23 years.

    2. Good morning Ron. i am on a pauper's budget, but i have made the effort to stash a nice sized hoard of silver and even an ounce of gold. my net worth is small, but my metals position is over half of my total net worth. while i am still adding, i am comfortable with my metals position at this late stage in the game.

    3. MY DAUGHTERS WALL-MART IN AL. (JASPER) PUT A NOTE ON THE FRONT DOOR CREDIT CARDS ONLY NO CASH IS ACCEPTED . Wow !!!!😮

    4. Hi Ron! The concept that caught my attention was parabolic growth. Even a small stash of physical silver plus well-placed mining and royalty company investments can yield just such an outcome. Solid holdings in PSLV (fully backed by silver in a vault) are also accessible .

    5. Since you haven't discussed one silver dime being equal to a day's wage, that would be 2.5 g I am just going to go ahead and value my silver at that price.
      Do you think that's a good idea?

    6. Every household in America should have 100 oz's of silver as a minimum to survive. At least 50 OZ's of silver per person. Good luck in your stacking everyone…

    7. Ron…everyone is entitled to their opinion, but I don't agree with your answer. What you described is more of what people should have for an emergency fund NOT what people should have for their gold and silver stack. Silver and gold is for wealth preservation and shouldn't be use in place of fiat unless its a dire situation with NO options.

    8. I bought $700 worth of dimes and quarters from my local coin shop about wiped them out I paid 22 times face value, I paid $30.80 an ounce for the coins

    9. You will NEVER have enough. I saw today in a Sound Money group an image of a man struggling to hold a drawer of 2 1-kg bars, several 10-oz bars, and several 100-gm bars. You can only hope that he is not your enemy in some way (Hindū versus Christian, Republican versus Democrat, people versus government, people versus Fed Reserve System, Native American versus European stock, etc.). Me, I choose to STAY OUT. However, just keep stacking!

      We're getting ready to lease farm land long-term here in India, where we can build sustainable relocatable housing in the event we have to shift to another farm location. The leasing of land, like 5 bigha or about 3 acres runs about 1,50,000 rupees or about $1,830 TOTAL for FIVE YEARS! Here, we can farm on it and have animals on it as well, and live much more cheaply than in the cities, which for me is already only about 1/4 to 1/5th the cost of living of Houston. Imagine bringing that down to about 1/6 to 1/8th of Houston's level! This way, I'm able to afford heading south for the winter and heading north for the summer.

    10. I have noticed, when I got heavy i to coin collecting and gold and silver hoarding, i find myself spending less on the hopes to getting the next largest bar 😂

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