hey everyone welcome to bald guy money this past weekend I appeared on Ron's basement where I compared a silver coin to a battery here's what I said exactly people need to think of this as a battery Ron it's a battery that's great working today I'm spending energy today and I'm storing that energy in this and the point of having this is to be able to get the same amount of energy out of it that I put into it because if I'm putting it in a piece of paper well forget it and I was really happy


that message resonated with people because it's the absolute truth all paper currencies even the almighty dollar lose their value over time as a result of inflation and I'm sure many of you watching this video right now know exactly what I'm talking about because inflation is biting people all around the world today now there are always naysayers who say that gold and silver are relics of the past and that they are not a good investment so with the new iPhone coming out very soon I wanted to present a


little data to you all for both gold and silver to show you exactly why when I say gold and silver coins are batteries that store the fruits of your labor that I absolutely mean it and let's start with the silver Roosevelt dime a real beauty of a coin made in 90 silver right up until 1964. it was worth 10 cents back on the day it was minted but the silver in it today is worth about 1.75 so to prove my point on silver coins being a battery I checked out a website that has historic prices and I looked at


prices from 1964. the last year these silver dimes were made and I will link that site up in the description for all of you who want to check that out after the video but what I found was that a dime would buy you 0.85 pounds of sugar back in 1964. a five pound bag back then cost 59 cents but that same dime worth 1.75 today will buy you 1.43 pounds of sugar and that price I took from Target's website so here is one great example of the battery not only keeping the charge but the charge becoming even more powerful with time


another example I looked at was peanut butter a favorite of mine and back in 1964 that dime could buy you almost 5 ounces of peanut butter since a three pound jar cost 99 cents but that same dime today will buy you 10 ounces of Jif peanut butter also from the same website I checked the price for for sugar so this is yet another example of the charge getting stronger with time now of course we've all heard some twit say at least once in our lives but silver was fifty dollars back in the 1980s silver is a loser so instead of


reminding that person what their sister used to behave like in high school I just show them this chart and here we can see exactly what that looks like on inflation adjusted data a momentary Spike to what would be 140 today quite amazing but what we have to remember is that the circumstances were also quite extraordinary it was a flash in the pan and it returned to normal quickly and what happened to Silver is something also not unheard of for other large stable assets and that is to have such blow-off tops but what I really want you


to notice on this chart is just how different it looks versus the one of the US dollar I showed a moment ago there is no consistent devaluation over time in fact as silver has become a more important component in consumer electronics since 2007 the value in real inflation-adjusted terms is as you can see here trending up and if you're a silver stacker who didn't get carried away with the hype of the 2011 blow off top then I can make the safe assumption that the majority of your stack has been purchased for under


20 dollars per ounce in inflation adjusted terms as denoted by the red line on this chart and that's great because it means your batteries are already holding some extra charge for you to take advantage of someday in the future now coming back to the topic of the iPhone this is a great way in my opinion to look at how Metals act as a battery storing the energy of your labor over time and for this example we're going to look at both gold and silver now if we price the iPhone in gold from


2007 versus the new basic model being released by Apple shortly you can see here that you need much less gold to buy an iPhone today than you need it back in 2007. in fact it's exactly 43 percent less and keep in mind you're also getting a lot more iPhone a lot more features a lot better quality today than you did back in 2007. and if we do the same exercise for silver which sold at an average spot price of 13.38 cents an ounce back in 2007 you can see it took roughly 45 ounces of silver to purchase the first


iPhone whereas today you can get the latest one again with all the bells and whistles for only 33 ounces which all supports my argument that gold coins like this this is an Australian kangaroo hello to all my Australian viewers out there and silver coins like this American Eagle or I have some silver krugerrands here it all supports my argument that these need to be looked at as batteries that store the value of the energy you're putting into your work today batteries that overall despite some


exceptions I am sure I am going to see in the comments shortly uh protect the value of the energy you spend to acquire them for you to use maybe when you're gonna need the value of 200 hours of Labor all at once but don't have the energy or time to actually do the work now on to this video's viewer question and remember if you want your question answered on my channel submit it right now in the comments section you never know your question may be the next one to be answered on an episode of bald guy


money and this question comes from James Oliver and referring to some recent statements I made on mining stocks James asks if one expects the stock market to go down I do expect the stock market to go down why not wait to buy mining stocks and that's a fantastic question so to answer it and also encourage you all to join my patreon for more related content I want to give you all a very small taste of something I talked about a couple weeks ago on the patreon as I started to scale into some of these


mining related stocks and what I said to my patrons is when you pair the fact that minerals are needed more and more to meet the demands of our modern Lifestyles with the sad reality that every amateur retail investor with an investing app is buying sexy high return AI related stocks like Tesla Nvidia meta and Microsoft it's really not a surprise that we're seeing an under investment in mining today and much like we saw with energy as you can see here on these charts represented by how the QQQ performed versus the


Invesco energy ETF during the c19 market Boom at some time in the not so distant future reality is going to set in for the market lack of these resources is going to drive mineral prices up profits for these mining companies will soar and as a result it will start attracting new investors seeking opportunity in mining and I'm convinced that this will play out much in the same way it did for energy because what we need to remember is that as the market topped out in December 2021 investors started to


realize that the green energy and Tech narratives were still years away from fully materializing and as under investment in energy caused prices to spike it created a rush into energy stocks and I expect something similar to happen in mining and in this patreon video I shared exactly what mining stocks I have bought as well as a percentage of allocation to each one as a percentage of my total budget that I have to invest in these it's information that is forward-looking I am not some cranky guy who comes on the internet


either on my YouTube or patreon complaining about what happened last week what I'm trying to do here and what I'm trying to accomplish is I'm trying to arm you all with the best information Nation possible to look forward and position yourselves to succeed in the future should you decide to do some of the things that I'm doing and if you want to join my patreon link is in the description and the pinned comment just click on it and it will take you right there with that said that's it for this


YouTube video I thank you all for watching if you've enjoyed this content please leave a like sadly YouTube is not recommending my videos to people as much as it used to I don't know whether I've run a foul of some of the uh of the algorithms rules I I hear regularly now in tech people say freedom of speech not freedom of reach I do just want to say that your like makes a huge difference in more people getting this video recommended to them and I think it's a message that people really need to see


so I would appreciate if you would leave a like and until the next time we see each other everybody take care of yourselves and take care of each other I'm wishing you all a fantastic weekend ahead goodbye