hey everyone welcome to bald guy money and a special welcome to all of those of you out there who helped make my last video such a big success thank you so much in this video I am going to share the results of another chat I had with the chat GPT artificial intelligence and this time it covers gold and platinum it will include definitive answers on why the AI thinks they're good to own which one the AI thinks is better to own and I actually got the chat GPT to give me a three-year price prediction for


both metals in addition to that I also asked it to answer a couple questions about gold and platinum in the style of some of my favorite comedians and you'll be shocked at how good a job it did and not wasting any time I asked chat GPT what are the two best reasons to own gold and platinum and this is what it said not shockingly it gave me one shared answer and two unique answers so starting with gold the AI said that the best reasons to own it are as a hedge against inflation and as a way to


diversify your investments in what is called a non-correlated asset meaning that it is not tightly connected to the volatility of stocks and bonds now when it comes to platinum although the AI says it is a hedge against inflation like gold it does list the top reason as being its use in industry and it's specifically referred to something I've covered here on the channel before and that is the use of platinum in catalytic converters in automobiles now we're going to break away a little


bit from the formula I used in the silver AI video and that's because a lot of the risks associated with stacking gold and platinum were the exact same risks that we covered in that video for silver and as you can probably guess the AI also prefers Sovereign coins and Boolean bars when it comes to types of gold and platinum to stack so I didn't want to cover those points twice and to make things a little more exciting this time around I asked the AI which of the two metals gold or platinum is better to


own and how much of a portfolio should be made up of each of the metal and here's what I've got when it comes to which metal the AI thinks is better to stack the answer was gold and it listed a lot of reasons I have mentioned in past videos when discussing my personal apprehension to stacking physical platinum and that is mainly lower liquidity so because less people want to buy physical Platinum it could make it more difficult to sell and the strong history of gold as a recognized store of wealth something


that Platinum simply Lacks and when it comes to how much of each metal someone should have in their portfolio at least according to the AI this is where I thought it actually put forward some good stacking fundamentals that make sense for the average person because when I asked it how much of a portfolio should be made up of gold and of platinum it said five to ten percent for gold and one to five percent for platinum and after giving it a little bit of thought I said to myself if someone really insisted on stacking


Platinum maybe a 10 to 1 gold to platinum weight ratio would be reasonable to get a little exposure to platinum meaning for every 10 ounces of gold you stack maybe try to have one ounce of platinum at the maximum and that's just some food for thought that I was considering when going through this chat data and of course I encourage everyone to do what's best for them but I thought that would be worth sharing with all of you out there watching this video that said I also wanted to take this


opportunity talking to chat GPT to address my own personal skepticism with respect to stacking platinum as well as some of the skepticism that is out there with respect to stacking gold especially amongst people who are very focused on stacking silver now to do that I wanted to explore the possibilities of this AI a little bit so I asked the AI to try to convince me to buy Platinum but using the style of comedian Jerry Seinfeld from the popular 90s TV show Seinfeld and I'll read the first bit of


what it said have you ever heard of platinum it's like the George Costanza of metals it's the opposite of gold while gold is the Golden Boy of the metals Market Platinum is the dark horse that always gets overlooked but just like George Platinum has its own unique charm and appeal Platinum like George is a rarer metal and has industrial uses such as catalytic converters and Automobiles it's like George's unique fashion sense and his ability to make something out of nothing if you believe in the long-term


growth of the economy especially the automotive industry Platinum could be a great addition to your portfolio and for those of you who are skeptical about gold I asked the AI to do the exact same thing kind of a sales pitch for gold but instead of asking it to do it in the voice of Jerry Seinfeld I asked it to do it in the voice of Kevin Hart and here's what I got yo listen up I know you might be thinking gold is old-fashioned and outdated but let me tell you it's still the MVP of the investment game


gold is like that little voice in your head that tells you to make the Smart Choice it's always there to protect you from the craziness of the market it's like having Kevin Hart in your corner always got your back so I hope you found that as amusing as I did and and if you go to chat GPT you can do that yourself and you can choose whatever comedians or whoever you want to hear kind of give those pitches or whatever you want them to say it is really a lot of fun to do but now I want to give you all what you came for well


at least what I assumed you can't you you've come for and why you clicked on this video and that is the price predictions and these are actually pretty interesting because the AI was very specific this time and I'm not talking about that backup AI that we had to use in the silver video this time I got the price predictions directly from the chat GPT Ai and it gave me a three year price prediction stating some prices it thinks gold and platinum can reach in that time frame now just before


I show it to you I just want to say this is the opinion of the AI it's not my opinion but when asked what price Plus Platinum could realistically hit within the next three years the AI gave an upwards price range between one thousand two hundred dollars per ounce to one thousand five hundred dollars per ounce and for gold that range was between two thousand dollars per ounce and two thousand five hundred dollars per ounce so pretty realistic on both counts but definitely less upside in percentage


terms versus the numbers we had on Silver albeit that number came without a time frame overall I have to say that I was much more satisfied with this conversation than I was the conversation that I had with the AI about silver and I suppose it boils down to the fact that this AI is actually learning from the more conversation chats it has now I know there's some skepticism out there but that is how I see it and at least how they explain this product and how I can explain why at least this time


around it was able to give some pretty accurate price predictions at least you know when I think about my understanding of how the market could develop I would say those are some pretty reasonable price predictions and now if we take everything the AI said here about gold and platinum I really think it's worth highlighting the following points number one that the AI thinks gold is a tried and true store of wealth and this is something I absolutely agree with number two is that Platinum is more volatile


and speculative versus gold and it's more tied to Industrial demand and again this is something I have spoken about on the channel at length and I was really happy to see that the AI echoed a lot of my sentiments with respect to Platinum Number Three the AI thinks it is better to stack gold than platinum and it thinks Sovereign coins and Boolean are the best way to go for physical stacking so again for all the season stackers out there that really doesn't come as a surprise when it comes to what the AI thought


about how much of a person's portfolio could reasonably be allocated to gold and platinum for gold it said between five and ten percent of your portfolio and for platinum it said from one to five percent of your portfolio again kind of consistently echoing the fact that it does prefer gold over platinum and the final learning here that I want to cover is actually the three-year price targets the AI quoted us for gold and platinum for gold that's between two thousand and two thousand five hundred


dollars per ounce within the next three years and for platinum that is 1200 to 1 500 per ounce and actually when I look at what the prices of gold and platinum are today the fact of the matter is actually you get more of a percentage upside on Platinum that said I think the AI made it abundantly clear that this is more of a speculative investment whereas the gold might be a safer vehicle to get there with a higher percentage chance of hitting those targets and again these are just kind of assumptions I'm


extrapolating from the conversation that I had with the AI before I sign off I just want to remind everybody that I have launched a patreon where you can get more bald guy video content you can actually vote on what kind of videos I do here on the YouTube channel so what topics I cover as well as this which is my Metals tracker and there are now two files covering this one that allows you to track all of your purchases over time which I added at the behest of Mal who is a patron as well as the original 2023


tracker both in the form of a downloadable Excel file for private use on your personal computer and contrary to some of the stranger comments I got last week I do do not see what you put in this file and I am not collecting data to share with the government that is just BS and if you're interested in joining the patreon the link to join is in the description of this video so please check it out with that I thank you for watching please like And subscribe if you like these videos that I'm doing and until next time I'm


wishing you all the best take care of yourselves and take care of each other bye