hey everyone welcome to bald guy money in this video we're going to be talking about what an shtf scenario looks like in reality as well as how to use your gold and silver in an shtf scenario and the reason I'm covering this topic today is because I think my viewers need to really understand the fundamental reasons why I stack gold and silver and how I intend on using the metals as protection against and out of control monetary policy and why you shouldn't let fear play a role in your silver and gold purchases


because if anything these purchases should be coming from a place of confidence as always we will be jumping right into this topic but just before I do I kindly ask you to take a second right now to leave a like for this video Make some noise for the algorithm and let YouTube know that you think videos like this are more important than videos showing people playing computer games now we all have our idea of what the shtf or the ish hits the fan scenario looks like and for every one person watching this video there will probably


be a different scenario each person plays out in their head and although I do a little prepping in case the unthinkable happens as you can see by some of the books that I show on this program from time to time what shtf or ish hits the fan for me looks like is this it looks like the boring chart you see here on the right of the screen which shows massive levels of inflation in an industrialized country in this particular example it's turkey a member of NATO and a very civilized country and very interesting place to visit which


tells me that this can happen anywhere and it can happen fast and it happens without warning shtf does not look like the Hollywood shtf scenario that many stackers believe in where we're all fighting for our lives like we're in an episode of The Walking Dead but somehow somewhere there is a farmer who will still sell you a loaf of bread for a Mercury dime because he still recognizes silver as money and just before you turn off this video let me say that I understand The Walking Dead scenario of the shtf is a much more


interesting scenario to play out in your head I mean how would you deal with the situation how would you survive etc etc and I know this because I've played it out a million times in my head because I'm a huge fan of the show it's exciting to think about what you would do if Society totally collapsed but the fact is that the ish is hitting the fan on a regular basis around the world today and people who are not prepared are seriously suffering from the consequences of it especially retirees


because in a world where governments are constantly borrowing from their nation's retirement savings programs programs that most of you out there watching Pay into periods of large inflation are gifts for the politicians who run up big debts because adjustments made to retiree benefits also known as Cola in the United States a lot of my American viewers will be familiar with the cost of living adjustment that sometimes you hear talked about in the media in the United States these cost of living


adjustments never fully reflect inflation and if you don't think that's a big deal just talk to any retiree in Turkey grappling with this problem right now where the private sector has been reflecting inflation in wages whilst the government is unable to fully reflect it in retirement benefits and those people who are suffering from this right now they'll tell you that the ish has already hit the fan for them but there is a group of people in turkey that has been able to weather this storm


a lot better than others and who are those people they are gold and silver stackers and this is just a fact and it is where we will start to get into how to use gold and silver in a real shtf situation because there have been many learnings for us to take from the situation that's happened in Turkey starting with this and this is really where I say the rubber meets the road because a one million Turkish lira savings which might have been enough to live off of for a decent chunk of your retirement just a


few years ago in Turkey sadly that is now worth less than half of what it was as it now takes 2.7 million Turkish liras to buy the same amount of goods that one million Turkish liras would have bought you in 2020. and why I say this is where the rubber meets the road because there have been a lot of people leaving negative comments about buying gold and silver in some of my videos and I think that all gold and silver YouTubers see comments like that but this is a fact if you had taken that one million lira's in 2020 and purchased


gold with it not only with the value of your retirement fund had been safe but you would have significantly outperformed inflation during this period and you can see that at the bottom of the screen where that 1 million Turkish liras would have been worth today in Gold 3.8 million Turkish liras whereas in the cash example I showed earlier you need 2.7 million Turkish liras to purchase the same amount of goods that 1 million Turkish liras would have bought you in 2020 moving on and as surprising as it may


sound the story for silver is very similar because as I have stated in past videos gold and silver have proven to be valuable no matter what the prevailing economic system or preferred fiat currency is of the time and here is a modern case in point with one million Turkish liras buying you just a little over 9 000 ounces of silver back in 2020 which today would be worth a little over three and a half million Turkish liras so how does this work in reality I've been taking part of my savings and


please note that I say part of my savings this example is not to tell you to dump everything you have into gold and silver and I'll get into a little bit more as to why that is in a moment but I've taken a part of my savings and I have medals am I actually going to go and buy a loaf of bread at the store with a Mercury Dime like everyone in the Wall Street Silver Reddit group says I will well the short answer on that is no how this works in reality is that you find people likely through a coin or


Metals dealer who are working and earning those inflated papers people who have more of those papers than they need right now and want to preserve the value of them until things either stabilize in the economy or totally collapse and the currency is replaced just as I have shown a few times with my Fiat money life cycle chart that you can see here and in the shtf scenario what you're basically doing is you are selling off little bits of what you've stacked over time to immediately convert into the


papers that person on the other end of the transaction has too many of and then taking those papers you are going about your business and buying your loaf of bread or your bottle of milk or whatever else else it is you need to buy at that moment and that is why fractional pieces and divisibility is important when planning a proper stack and it's also why I do those ranking videos like I did last week because for example you don't want to get stuck here needing to buy some milk and have to liquidate a whole


kilogram of gold or silver and then have to sit on the rest of the cash for a while only to see it devalue where the gold and silver could have protected you or Preserve your spending power and coming back to what I said just a moment ago about why I don't dump all of my money into silver and gold waiting for this to happen and that is because the truth is we don't know exactly when this will happen we don't know how bad it's going to be and we never know how long it's going to last and that's why


for a long time on this channel I have been saying as a rule of thumb especially for those who are just starting to stack it's very important to focus on getting those five ounces of gold and 200 ounces of silver as a starting point to give you the confidence to proceed in a world where you can still strike it rich with other assets like real estate because I have been seeing tons of skepticism with respect to this part of my message a message that I have been kind of drilling on the last few weeks


and it's what I want to address for the viewer comment in this video because you can choose to ignore that part of my message if real estate's not for you don't buy it and I will of course on this channel continue talking about medals about the price of metals price targets for metals and all the stuff that has gotten me to 15 000 subscribers thank you very much you can count on me to continue talking about these topics that you love and I agree with you that our system is not perfect and that the


governments we live under wield way more power than they should but when I see comments like this and I mean no disrespect to Mr Richards by using this as an example I appreciate people who disagree with me it gives us something to talk about because we can't have our entire Financial lives focused on two things that being gold and silver and some other people maybe a little bit of platinum on the side because in reality ninety percent of the world's millionaires got to where they are by


investing in real estate that is a fact including our friends from the earlier Turkish example where property has also proven to be a safe haven hard asset that has protected wealth from there from the Turkish shtf scenario as you can see in this chart here which shows the appreciation of real estate prices since 2011 and for my America viewers who rightfully distrust the government I want to say that even in the most extreme cases where eminent domain is pursued by the government against Real Estate owners it


is extremely rare and it usually involves large tracts of land of empty land where new infrastructure projects are planned and thanks to the Fifth Amendment to the Constitution they always include compensation for the people whose land is being taken for them to pursue Investments elsewhere which can be addressed in the court of law if deemed to be unfair by the recipient and all of that is to say that no things in the current Financial system the way things are being governed right now are not perfect they are far


from it and I think we can all agree to that fact but it shouldn't stop anyone from investing in their future under the way the current system system operates as wobbly as it is while responsibly preparing for what happened in a country like turkey understanding that it absolutely can happen in a country like the United States like Canada like Australia and whatever country it is you're watching this video in and what's more is be careful to who you listen to out there that's an additional part of


what I want to get through in today's message because here's a screenshot from Wall Street Silver's official Twitter account and I know a lot of you follow them out there and this message spread the false story of the Perth Mint selling diluted gold to people and anyone out there holding a gold kangaroo that was worried about this that saw this story let it be known that this story is false it is fake news and I am very sad to see sources like Wall Street silver out there spreading proliferating


stories like this and getting people scared and in a panic for nothing and it's not just Wall Street Silver because there is a lot of bad information out there coming from people who just want you to click on their videos on their stories so they can get the Fiat money they claim to hate so much from advertisers while selling you a narrative that's built on complete fantasy and nothing more than just to make you scared and to keep clicking in order to get the answers they claim to have on how you can protect yourself


from the fake scared tactic narrative that they're selling and that's where I stand on this and that is exactly why I made today's video to show you that an shtf situation can happen it is waiting for you but it looks a lot different than what a lot of people out here on YouTube are claiming it is and don't listen to a lot of those people who are just trying to drum up fear here on Reddit or the fake narratives that a lot of people are putting out there that have proven to be false what I'm saying


is find sources that you can trust reasonable sources that show you how to reasonably build a stack and how to reasonably protect yourself against inflation which may never hit shtf levels where you're living today but they very well could and no matter what levels they hit the inflation will always be there and this kind of stuff will always be able to protect you and that's why everybody I stack medals from a place of confidence a place that this is going to be able to protect a part of my wealth no matter what happens


and even if the shtf scenario plays out I'll be able to start all over again no problem with what it is I've stacked and I don't stack this stuff out of a place of fear and if that's a message that resonates with you also please consider joining my patreon there are currently 12 videos there that you haven't seen on this YouTube channel as well as newsletters stacking tools and other updates that I regularly post on the patreon for those members and coming very soon like in the next week soon a Discord


chat where all the bald guy Club can get together and share stacking tips and discuss other financial and macroeconomic topics and link to that patreon is in the description below I will also put it in the pinned comment and that's it for this video and I really hope that you got something useful or at least an alternative point of view to some of the other things that people are saying out here on YouTube now if you do want to discuss or argue my point of view or even ask me a question please do so in the comments I


read every single comment and you never know when your comment is going to end up in one of my next videos so until the next time we see each other everybody take care of yourselves and take care of each other goodbye