hey everyone and welcome to a special installment of bald guy money in 1997 Warren Buffett bought 3 500 tons of silver that's nearly 130 million ounces and why did he do that well he bet that shrinking stockpiles of silver would force the price of the metal up and for a lot of us in 2022 that story sounds awfully familiar and although he claims he doesn't have silver anymore he doesn't hold it anymore this old story got me thinking who are some of the famous gold bugs and silver stackers in the world today and


why is it important that they put their money into Metals before I start I want to wish all of my American viewers a Happy Thanksgiving and don't forget to drop a like And subscribe if you like this content and now let's get into it starting with famous actors and actresses who stack medals now this one may come as a surprise but the first person on our list is Nicole Kidman who is allegedly a prolific gold bug born in Hawaii raised in Australia and famous for movies such as Eyes Wide Shut


in Cold Mountain as well as being married to country music star Keith Urban Nicole's preferred goal to stack is said to be in coin form and she is rumored to have some rare American gold coins in her collection another celebrity who is said to be a big gold coin stacker is Night Court actor John Larroquette apparently he has been spotted at multiple coin shows and seen picking up a variety of gold coins it's nice to see he learned something from his days on the set of Richie Rich now this next celebrity is an author a


very well-known author and has recently called Silver a fantastic buying opportunity and has added that his price target for silver is between 100 and 500 US dollars per ounce so who is it well it's none other than Robert Kiyosaki and here's his tweet with the price prediction a lot of us know Robert from Rich Dad Poor Dad but if his silver price prediction is as accurate as his call for a stock market crash maybe we'll see three-digit silver which could crush my sixty dollar price Target


and since we're talking about crazy price targets let's give a proper shout out to Robert's very good friend Peter Schiff who thinks silver can hit four digits to one thousand dollars per ounce because it wouldn't be a list of famous stackers if I didn't mention Peter now getting down to the nitty-gritty moving on to Wall Street and to Silicon Valley and we've got some profiles of some very intelligent people people that we would Define as being smart money so people who you definitely want to pay


attention to when they invest money into something and listen as much as I liked the movie Australia and as much as I liked episodes of Night Court these people are the people you really want to watch and the people you want to learn from so I mentioned Warren Buffett earlier in the video but do you recognize this guy granted it's a bit of an older picture but this is Peter Thiel co-founder of PayPal with Elon Musk the first outside investor in Facebook a guy who has a really good track record of


picking winners in Silicon Valley and as of May 2022 his fortune is estimated to be more than 7 billion dollars now what I think is interesting about Peter Thiel is that a guy who understands firsthand exactly how much money you can make investing in Technologies he still understands what hard money is now Mr teal is the co-founder of the company palantir Technologies and is still chairman of the board of that company and as you can see here back in 2021 palantir invested 50 million dollars in gold bars


and the reason will shock you because Peter Thiel and I have a few things in common number one we both believe in the power of disruptive Technologies to create wealth we both believe in the potential of Bitcoin and we both believe that gold is the absolute best hedge or insurance against all of that if things go terribly wrong which in finance is often referred to as a block up as a Black Swan event so from my point of view if I was ever on the fence on whether or not gold is a good investable commodity I


would just personally look at Peter Thiel here is a guy who is a major proponent of technology and has made a massive Fortune technology that said he also sees the value in holding gold again as an insurance policy which I think a lot of viewers out there just like myself see gold as the ultimate insurance policy against a very unstable system other well-known investors who are putting their money where their mouth is when it comes to Precious Metals especially gold are billionaire head hedge fund managers and Veteran


investors Ray dalio who is a Harvard MBA and founder of Bridgewater Associates and John Paulson who correctly foresaw the housing crash of 2008 and made billions betting against the housing market and by the way now he has a significant amount of his money in Gold expecting a major rise in the price once the Federal Reserve pivots or reverses course on raising interest rates to close out the list we're going to take a look at a few political figures who believe in the power of gold and silver


as money and the first one on our list is a surprise entry and here he is and that's former head of the Federal Reserve Alan Greenspan who apparently wanted to return the United States to a gold standard and has the following quote from 1966 attributed to him under a gold standard the amount of credit that an economy can support is determined by the economy's tangible assets since every credit instrument is ultimately a claim on some tangible asset the abandonment of the gold standard made it possible for the


welfare statists to use the banking system as a means to an unlimited expansion of credit and I'd say that's an absolutely fantastic take by Alan Greenspan now in addition to him you have former presidential candidate Ron Paul who has been preaching to End the Fed for many years now as well as Judy Shelton who was a former Trump economic advisor who also wants by the way a return to the gold standard now I'm going to give an honorable mention to these guys the brics countries and let me be clear on


this I am a patriot through and through but these countries are stacking Metals at a prolific rate and could mount a challenge to the US dollar if the U.S doesn't repair its relationship with Saudi Arabia and that is absolutely my point of view on whether or not they're going to be successful with their challenge to the US dollar just before I wrap up I want to answer a viewer question just as I'm doing in all of my videos now and please don't forget to submit your questions in the comments


section of any of my videos always special preference given to Super thanks questions and for this video this question comes from my bad and my bad asks you do realize that backyard Boolean has to send his pieces off to be a Sade and it gets a Hallmark before it is sent back to him prior to sale right just thought I would point that out now in in one of my previous videos I think it was now two videos ago I did mention backyard Boolean and say and I said that those are the kinds of silver pieces I


don't stack and of course I stick by that that said I'm not saying anything bad about the backyard Boolean Channel or the gentleman who's behind it again as I I stated in that video I'm sure he's a fantastic guy I don't want that to come across as I'm talking badly about other YouTubers who again I don't know anything about them my only concern is and it still is that poured pieces like what I've seen on that channel before are not necessarily high demand items and you may have difficulty if you


buy a product like that selling it on to somebody else should you need to do that so that was my only concern there and again if backyard bullion sees this please man nothing against you personally uh wishing you all the best video thank you all for watching Happy Thanksgiving once again to all of my American viewers and until I see you in the next video take care