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hey everyone welcome and welcome back to the over 10 000 bald guy subscribers today we need to talk about this this is an Athenian owl a silver coin from ancient Greece also known as a tetradrachma All Things Considered it's a pretty rare coin today and in decent condition this coin fetches around one thousand dollars which is pretty steep for about 17 grams of silver but this coin teaches us an amazing lesson we can apply to stacking today in an environment where premiums are going through the roof as always be sure


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to leave a like if you think this is something more people need to see and watch to the very end for the question of the week where I answer one viewer question from the comments section and we have a good one this week so with silver and gold taking a bounce in price this week I am seeing more traffic and interest in the topic of gold and silver stacking no surprise there as you can see here gold is coming back and is closing in on the 12 billion dollar market cap level again silver momentarily passed Google this


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week to take the fifth position on the list of top 10 largest assets but has now settled back into sixth position now this doesn't mean we're out of the woods yet but what I covered in my bullish indicators video is actually playing out on the market right now because as the dollar weakens and you can see that here on the Dixie index chart which measures the strength of the US dollar the price of gold and silver have inversely come up as the dollar has gone down and this is no surprise for


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the bald guy Community as to why this is happening and if you are making the decision to stack some more before prices take off specifically if you're looking at Silver you may be a bit hesitant seeing prices for American silver eagles nearing forty dollars an ounce and this here was taken just today from appmax but thankfully we have great examples from history to learn from to help us make the best decisions possible before time runs out and the price of silver really moves up quickly because


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as I've covered here before and here is my timeline as a reminder we could see a local high on Silver as soon as 14 months from now if my timeline for silver price recovery holds true and we are already seeing indications that China is easing its c19 policies so I will be monitoring that as the situation develops but what does all of this have to do with the Athenian owl coin I've shown at the beginning of this video well the reason is because there are a lot of similarities between this coin


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here on the left the American Silver Eagle and the coin on the right the Athenian tetradrachma and it goes beyond the fact that they both have a bird on them and I hope my British viewers will get the little joke I built in there it is because these two coins were the standard for silver coins in their time they were the most widely traded and most recognizable coins and the eagle is of course still on top today as I make this video and when it comes to the Athenian owl the owl design was so well known in fact


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that in its time other places simply copied the design instead of trying to issue their own brand of currency because it was easier and here's an example from India copying the Athenian design so now that we've established the fundamental similarity between these two amazing coins it's important to State the obvious the more recognizable a coin is the more universally accepted it is meaning from our point of view today it's more liquid and that is what attracts a lot of people to the American Eagle today and


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has caused many YouTubers to say it is the best thing to stack but is it anyone here who is bearish on the US dollar and fiat currency in general understands that nothing lasts forever and in the case of our Athenian owl the end game came in 42 BCE as the Romans dominated Greece and the silver tetradrachma was phased out and eventually replaced with this the Roman Denarius and what this tells me about stacking and what the point of this video is that yes it is important to stack metals that are recognizable easily traded and easy


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to liquidate but guess what else is important the actual amount of silver you have it is actually very important so when you're looking at stuff like this remember the Athenian owl coin many of which were melted down eventually to make Roman Denari and just remember that even though coins like the American Eagle may be in their Heyday now but when push comes to shove and premiums start to find an equilibrium based on demand what will matter most is how much you have not the brand of what you're stacking


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and that doesn't mean I don't stack any of these great recognizable Sovereign coins I mean I do you know that here are five eagles I I pulled out of my safe just to to illustrate that to you all for today's video but just give a thought to how much recognizability you need in your portfolio when deciding what to stack and don't forget how important weight is at the end of the day and I've also brought These Bars out to illustrate that this is also something I stat and when it comes to how I approach stacking


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I think that every person just needs to consider what the mixture between Sovereign coins are and having things like bars or even just generic rounds is going to be and what best suits their needs and their portfolio so at the end of the day don't be discouraged by people who are telling you that the only good things to stack are things that are at high premiums today remember how much silver you actually have in your stack matters so buy things you can afford and stack responsibly now to answer our


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question of the week and just to note you can drop your questions in the comments section and maybe it will be answered here in a video on bald guy money special consideration is given to Super thanks questions I will be transparent about that and I am actually working right now on a full video for a question I received from a super thanks question but here it is for this week and it comes from Jim Schweitzer and Jim Schweitzer asks Mr bald dude once again many thanks for what you do you are great thank you I forward your videos to


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a great many people thank you again I write to ask what are what your thoughts are about the federal government nationalizing precious metals namely silver since that is what I am stacking does such an idea concern you and what would you look what would that look like if it happened please discuss and advise should we be concerned what could we do in response should that occur thank you so thank you Jim for your question and for your compliments this is a very good question because a seizure of property


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by governments is not something that is unheard of in fact we've seen it many times throughout history and sadly as I see more and more socialism taking hold in the world I will answer the question like this as a person who has self-custody of their Metals properly stored in multiple locations I am not afraid of the government seizing my medal I have stated this before I am more concerned with societal breakdown resulting in lawlessness and bandits or thieves coming to me personally for my medals


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before the Fiat addicted government comes for them themselves and that's why I am a proponent of faulting part of your medals if you have a significant stack my position is that the government will assert its power digitally with cbdc's so Central uh Bank digital currencies before they consider a return to a metal standard because they're simply too greedy and too irresponsible to manage money in a responsible way that would result from having a Metal's standard type of currency that said I am


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concerned about the seizure of my real estate as a result of Western socialism movements like the end rent movement which I saw in New York City during the c19 pandemic movements like that scare me sincerely they scare me and I see my medals as one of two things that I can hide well enough that at least I can retain some wealth should property seizures and a redistribution of wealth happen as a result of growing Socialism or at least positive sentiments towards socialism in the West and that is because they will go they


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the government will go for the easiest things to take first starting with digital and paper wealth so we're talking about savings that you might have in cbdc's or stocks that you might own I think those are the those are the first things that they go for and the next in line would be real estate things that are basically impossible to hide my wife's family being from Poland had their lands taken by the communist government in exchange for bags of sugar in the 1950s bags of sugar they showed


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up they gave you a bag of sugar and they said your land is now ours luckily my wife's family was smart enough to store some of their wealth in gold which actually came in handy later on to purchase real estate once the Communist system collapsed so I know it might be anecdotal but my position is based directly on my life experiences there and I sincerely hope that answers your question with that I wish you all a great weekend and a belated Veterans Day to all of our veterans watching thank you all very much and belated happy


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Independence Day to all of our polish viewers and until next time I wish you all the best take care of yourselves and take care of the people around you goodbye