Hold on to my gold and silver I will. The bubble is really the dollar. It continues to lose its ability to store value/wealth/your days labor as they continue to print more of them. Therefore, it takes more of them to purchase an ounce of gold. The video does a good job of illustrating how gold has retained it role as a storehouse of wealth. Gold really hasn't gone up but the purchasing power of paper has gone down. All currencies today are sinking ship in an ocean of debt(they are all debt ba
@SmashActionRemix As for "the economy grossly outgrowing the value of the gold reserves", Gold is what prevents too much expansion of money (greed) which results in inflation. It does not inhibit economic expansion, it liberates it! Remember that all fiat currencies reset to their "intrinsic" value of ZERO eventually.
@gbcanuck If you don't expand the money supply, the economy will be constantly in deflation. The annual 2% inflation is done to keep up with the expansion of the money supply.
@SmashActionRemix HUH?? Deflation is a GOOD thing! I for one am happy to be paying less every year for my computers and flat screen TV's. You are obviously a Keynesian. And 2%?!?!? Dont believe the government numbers, they are lies. Go to shadowstats websites for the REAL inflation numbers.
Get out of gold before the gold bubble pops. Its value is rising because gold companies are tricking poor people into investing only in gold instead of stocks. This video even shows how bad of an investment gold is at 3:10.
@ahmedvienna Of course. It's grossly overvalued thanks to gold speculators that watch videos like this. When people regain their confidence in America the price of gold will drop sharply.
@SmashActionRemix ok friend, you can have one side of the argument, but can't have both of them to prove your point. You can't say gold is overvalued... and then come around in an earlier comment and say that gold is a bad investment (I am thinking you mean that it is a bad investment in terms of little returns).. so it's either a bad investment (I Don't think of gold as an investment), or its over-valued.. so pick one..
@ahmedvienna It's a bad investment in the long term. You can make a return on it in the short term because of the bubble, but if you don not get out of gold before the bubble bursts you're going to lose a lot of money.
@SmashActionRemix What you said can be said the same about Stocks, Homes, Bonds. Any asset that is in a bubble, you will definitely loose money if you get out too late. So you want talk long term ? 1971 gold was at 35 USD at ounce.. today it almost reached 1900 USD (54x return).. dow was at 800.. today its 13K (16x returns not counting dividends.. ) please explain to me how this is a bad investment ??????
I stress again that I don't believe gold is an investment, Nor am I saying that it's cheap.
@ahmedvienna You can make money off of gold, but you can make a lot more investing in random stocks. Warren Buffet and the other billionaire investors didn't make their fortunes investing exclusively in precious metals.
@SmashActionRemix Don't equate buying gold with investing. Do you call the dollar in your account a form of investment ? No.
Gold is a form of money. The best form of money. Money's properties is to keep it's purchasing power over long periods of time. Investing is not about keeping your purchasing power, it is about multiplying your purchasing power and provide a stream of income. Gold doesn't do that. But there are times where it can beat all investment classes like Stocks and homes.
@ahmedvienna A bubble is when a commodity's price is above its intrinsic value. The price of gold is artificially high because of videos like this. Keeping your money in gold is about as smart as keeping your money in diamonds. Your money will grow a lot more over the long term if you put your money in an established mutual fund, even during recessions.
@SmashActionRemix aah.. so its youtube videos that are making gold in a bubble.. and a few gold companies trying to make people buy gold ..? really ? come on man..
I just showed you an example of 1971 where if I bought gold, i would have 50x more dollars.. or if i bought the DOW from that same period.. i would've had only 16x more money.. Gold is def. a winner in this scenario.. and this is a long term scenario.. so your statement is wrong...
@SmashActionRemix You are not getting the big picture I think. The whole paper currency / stock market is a system that can be MANIPULATED AND CONTROLLED. Gold is rising because people are starting to figure this out. Paper currencies have NEVER survived throughout history. Gold always has. Look at the video again to understand the properties of gold as a currency (they start at 2:20).
@gbcanuck How about the dollar? It's lasted for the past 45 years as a purely fiat currency and the last 80 as a semi-fiat currency. The gold-backed dollar is what couldn't last because the economy grossly outgrew the value of gold reserves.
@SmashActionRemix Let me think, dollar lasted as a currency for 45-80 years in a pure to semi fiat form.. Gold has lasted for THOUSANDS OF YEARS as a currency. The FIAT dollar has lost so much of its value through inflation (the loaves of bread part) while gold has RETAINED its value.
@gbcanuck Economic growth was very limited under gold currencies. Even gold backed currencies weren't entirely gold backed. The government only had enough gold to account for 16% of the money supply in 1880. We finally got off of the gold standard in the 70s because the money supply and the economy had grown to the point that only 1% of the money supply was backed by gold.
@SmashActionRemix Not true sir. Check your history on how your economy flourished under a gold standard. And as for 1970, well we all know it was Nixon that closed the gold window because the very high inflation at the time and the other countries that wanted payment for their dollars in gold. Here's a link... do some reading... Google "Nixon closed gold window" to read up on it.
@gbcanuck What you don't know is that the dollar was never fully backed by gold. It was only foreign holders of dollars that could exchange dollars for gold. The reason for this was there wasn't enough gold for all of the dollars. This preceded Nixon by a century. By Nixon there was so little gold relative to the money supply that we went off of the gold standard in case of a foreign run on the dollar.
Praise the Lord! I have me some valuable info just when I was debating in my mind what to do. I kept thinking if this solar flare wipes out out electrical grid and effects technology there goes my precious little savings. I`m already expecting the technology/electricity to fail as a new system comes in, based on the prophecies of Islam. We have been forewarned and now the warnings are coming into play. Stock up on water, food and fire.
prophecy info available at harun yahya . com english
If i cant afford gold, is silver OK? Or will it just lag and be left behind? Or should i just REALLY save and get some gold? Please respond. Thank you.
There was a spike in the price of gold back in the early 1980s. After the price fell, it took over 20 years to recover. Considering how the price has spiked recently, I'll put my money elsewhere.
Want to make money? Get yourself started taking advantage of the gold rush happening right now, don't let this opportunity pass you by, you can trade gold from home and make money every day, whether gold goes up or down you can easily trade it online and make money, all you need is our help to teach you how. Google "Gold Trading Academy"
Gold HAS to keep rising in price, as the population grows, and inflation inflates.
Its a pretty safe bet, to be fair. Even if it went down this week, it owul dgo back up, even if i ttook 10 yrs. Like houses - they always go up, eventually.
Its just whetehr you want gold in your house. And in the bank vault, it can be consfiscated by the next govbt who feels it needs bailing out.
That's not how you invest my friend, you actually have to understand economics. Once you do, you'll understand precious metals are the way to go right now.
Gold is $1700. You think it's overvalued please has been pretty much flat versus other commodities.and your assumption of it being overvalued is wrong. It's far undervalue when you compare it to the US dollar. Fact is no one really knows how much printed on or electronic dollars are out in the world economy. So go will probably remain fairly flat versus other commodities and will continue to go up in price versus the dollar. up $600 in one year. This time next year.it will probably be $2300
QUOTE OF THE YEAR Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves -Norm Franz, "Money and Wealth in the New Millenium"
Im sorry, i was just high and i have a sick sense of humor. No offense to you or you're family. It was kinda a moment thing like a "Thats what she said joke" So i will be the bigger man and apologize for somthing that may have come off as rude or offensive. As for my parents, My Mom. Dad, Sister and little brother died in a house fire when i was 3. So yes i'm sure they are proud of someone who one day plans to take their own life.
I'd rather have some non GMO seeds in that safe, anyway in heaven the streets are paved with this stuff, its so pure to the point were it's transparent.
It's useless outside spacecraft insulation. Sure it can be used in electronics, but there are other materials that do that job pretty well.
If the only use for it is to melt it down into small disks or bricks to trade with. what the fuck are those people going to use those discs and bricks for?
Fuck currency. I'd store materials to build a greenhouse. Least that has some uses.
People have this notion that gold and silver will never fall. I just sold 40 ounces and the guy I sold to was amazed I was selling it. He told me I was crazy. He said silver will hit 120 dollars by 2012. I told him that it's impossible to predict and he peacefully argued with me. That was 3 days ago know I feel bad for the guy and hate these snake oil salesman that sell these people BS.
1400$ oz of gold,,, ah those where the days... hello 1900$. aug 28th 2011
No one talks about silver. Hmm. Think that 42 to 1 ratio will last for ever seen as silver has 0% electrical resistance and is needed for everything high tech such as video cards or tomahawk missiles...
If you haven't dumped paper your a moron, if you haven't traded gold for silver your unopportunistic. ; )
I've been collection coins and stuff for about 6 years now and I have about 190 ounces of silver and like 5/20 worth of one ounce of gold. I only collect coins no bars or anything. I just think it's weird though because people say the US money is worthless but yet they are buying gold to so if they need too, they can sell it to get money???
@mcrfuse Hya. Peaceful reply... Actually, i look at it the other way around! Metals are the money (corney as it might sound, i really DO feel like gold and silver are the money God meant us to have,it just feels honest and real) The paper currency was the invention of greedy bankers. Not good people. Its a monster to me. But Gold is honest. Always has been. As a person who prides themselves on honour, i can feel when something is "dirty" by now. And the current system makes me shiver.
1.a precious yellow metallic element, highly malleable and ductile, and not subject to oxidation or corrosion. Symbol: Au; atomic weight: 196.967; atomic number: 79; specific gravity: 19.3 at 20°C.
2.a quantity of gold coins: to pay in gold.
3.a monetary standard based on this metal; gold standard.
4.money; wealth; riches.
5.something likened to this metal in brightness, preciousness, superiority,
@truro007 "Brilliant. However, what goes UP MUST come DOWN.....like property."
And is the dollar exempt from that? And with what you mean by property, do you mean you where in a earthquake and the property actually went down in elevation? or are you referring to the imaginary price of it compared with paper currency?
Only people with money can buy gold and that....leaves me out. i see the future, middle aged women and men, who served their family or, country all their lives sleeping in boxes on the street. Tha'ts my future.
@adnetjm Gold? Of course you can buy gold! Just buy the most you can afford, whether it be from one gram up to 50 grams. I'm poor, but I got 50 ounces now. And am saving up for another ounce.
@cooledcannon US FED lends US Treasury money @ 0.25%. How close to 0 do you need to get ? The issues with a fungible means of transaction are i) The quantity in circulation, ii) Who controls the iii) and yes because it is so prevalent iii) the interest rate. However all three of the great monotheistic religions in the world forbid charging interest on money lent. It is called usury.
The US constitution says money will only be *coined* by the *government*. Funny how it is now *papered* by a private banking cartel. In essence you could have a fixed quantity of 'means of exchange' minted by the government that is used to foster the growth of goods and services with no usury. Usury allows people who control the money supply to live for free on the back of yours and my labour. Google "Money as Debt" Video 47 mins. "Secret of Oz" by Bill Still
Every so often in a supernova gold is created, A collapsing star will forge an odd numbered atom, a real rarity gold!
After the explosion, those few gold atoms are cast deep into the universe where they sit in empty space for eons. Eventually, some of the atoms may join a cloud that cloud may condense into a planet.
Once inside a planet, some of the atoms may make it near the surface where we can dig them up.
Furthermore, inflation certainly does matter. For a start, governments have an interest in understating inflation, so people on fixed-incomes (like pensioners with inflation-index-linked benefits) find their purchasing power dwindles. Taxes on interest earned in bank accounts don't take into account inflation; and the elites at the top of the 'money tree' get the advantage of spending the newly-created currency before it has had time to trickle through the economy and inflate prices.
Although it would be ideal if our money supply grew at the same rate as the economy, the fact that since the Fed's inception the dollar has lost 97% of its value (whereas during the prior two centuries its purchasing power stayed roughly the same) shows that the people in charge of creating fiat currencies simply cannot resist political pressure and resort to creating too many units of currency.
@uzernaam A well-regulated free market is better at deciding because it is derived from real human nature and the real natural world (where resources are limited and people don't work, sacrifice, and save for nothing). Your system fails because someone would have to artificially decide who gets money & debt for what, and force people not to use better forms of money. Eventually people would be left holding worthless money that they worked for, while those close to the managers hold real assets.
@uzernaam Lending someone money entails both risk and lost opportunity over time (what you could have done with the wealth instead of lending it during that time, and the benefits you could have enjoyed in having done so). Lending money at no interest is artificial and unsustainable especially over the long-term on a large scale. You would be cheating someone either at debt creation or via currency debasement, and that requires coercion. Which is essentially how the US dollar works.
Returning to the gold standard is a TERRIBLE IDEA! As this short (sighted) clip states, gold is finite & stably valued. Our population & production isn't. The gold std would severely cap our economy & thin out wealth as the pop. expands. We print more fiat money because we have more industry to sell goods & more people to buy them. Inflation is a meaningless red herring b/c despite it (adjusted for), the standard of living increases. An economy based on gold can't facilitate such growth.
@eyeammi that's true. Without increased credit, people could not be lifted out of poverty. But if you do not retire debt, debt will retire you. Here in Australia, the inflated price of houses was brought about the extent to which the banks would lend at low interest rates and low (5%) deposit. Interest rates are still relatively low but you are required to have a 20% deposit. House prices are ~x10-15 average earnings. This is only sustained by low unemployment due to the rise of China.
The comparison between 1oz of gold and $1 is slightly silly. I think we can appreciate the comparison in loss of value but bear in mind from ure own stats 1oz of gold is worth $1400. Just a point to ponder while your watching this video
@0SamuraiSoldier0 I believe the point is what you can get with 1oz of gold not the value vs a Dollar. If I offered most anyone today in the street a 1oz Gold Coin or $500 in cash I GUARANTEE you the majority would take the cash. People are just oblivious with regards to real economics. They follow the fiat fantasy instead.
@vegaswolf True that. Money is just an idea on paper but gold is real!! The stock markets and forex markets command the worth of a currency but gold is a cold hard object. Point taken =]]]]
The whole purpose of cash is to have a temporary supply of money to use at stores. It's not supposed to be something you store up or invest in.
That's why it's printed on paper. Paper deteriorates. You don't need to go back in time, like Marty McFly, and use current day Federal Reserve notes. It's just for the present.
The value of the dollar only changed 1.6 percent between 2009 and 2010. The purpose of cash is short-term use.
Thanks everybody who liked, commented & shared the video!
Nearly 100,000 Views now :-)
We believe it is one of the best ways to educate friends and family about our modern financial and monetary system and the financial & economic challenges facing us all today.
Excellent video... this is something that the masses can read and digest. Keep making videos like this and spread the word. A silver video would be excellent.
GoldNomics reached 70K Views overnight and will reach 71,000 any second now. Long way to go if we are to challenge Spandau Ballet's painful song
'Gold' at top of YouTube charts with 5,161,561 views in 5 years but we will get there - especially with your help :-)
Thanks everybody who liked, commented & shared the video.
We believe it is one of the best ways to educate friends and family about our modern financial and monetary system and the financial & economic challenges facing us all today.
@arminho09 thank you for the kind words. the soundtrack is by a Lithuanian group called 'Metal on Metal' (no pun intended!). The track is a remix of their song 'No Front Teeth'. We have the remix as one of our favourites on our channel page. :)
@uzernaam interesting point . . . considering the scale of debt internationally which is being foisted on beleagured tax payers it would make sense to have a form of international debt forgiveness. Common sense is uncommon in these times
@usy44u Yes, we wrote about the reintroduction of gold and silver coins as a medium of exchange in Malaysia recently. Some years ago, we also wrote about ex President Mahathir bin Mohamad proposals to introduce the gold dinar as a new pan Islamic currency. Interesting concept and given Robert Zoellick's recent comment regarding the merits of a quasi gold standard his proposal my be reconsidered. . . .
@GoldCoreLimited if the gold and silver starts circulation on international level you will become a threat to American empire that is run by the money Lenders i would suggest wouldn't it be better if all the countries tried at the same time or as much as countries can, this will make it harder for money lenders to interfere ? what about zero interest ? by adding this recipe together it leaves out dirty competition.if you do not understand my question plz let me know i try to re-write it
@usy44u Yes, we wrote about the reintroduction of gold and silver coins as a medium of exchange in Malaysia recently. Some years ago, we also wrote about ex President Mahathir bin Mohamad proposals to
introduce the gold dinar as a new pan Islamic currency. Interesting concept and given Robert Zoellick's recent comment regarding themerits of a quasi gold standard his proposal my be reconsidered.
@nomoreserfs The world does not get it Nomoreserfs but hopefully this video and sterling work being done by others will help educate about the unsustainability of the modern monetary system.
@GoldCoreLimited Can't wait to see the silver video! Please put a back face on your spinning coins though. The mirror image of the front is very distracting.
There's no alternative to PM's for your savings. Savings rates are well below the real inflation rate, the stock market looks dodgy, bonds are a joke.
Hold on to my gold and silver I will. The bubble is really the dollar. It continues to lose its ability to store value/wealth/your days labor as they continue to print more of them. Therefore, it takes more of them to purchase an ounce of gold. The video does a good job of illustrating how gold has retained it role as a storehouse of wealth. Gold really hasn't gone up but the purchasing power of paper has gone down. All currencies today are sinking ship in an ocean of debt(they are all debt ba
lbatchelder 1 hour ago
@SmashActionRemix As for "the economy grossly outgrowing the value of the gold reserves", Gold is what prevents too much expansion of money (greed) which results in inflation. It does not inhibit economic expansion, it liberates it! Remember that all fiat currencies reset to their "intrinsic" value of ZERO eventually.
gbcanuck 1 day ago
@gbcanuck If you don't expand the money supply, the economy will be constantly in deflation. The annual 2% inflation is done to keep up with the expansion of the money supply.
SmashActionRemix 1 day ago
@SmashActionRemix HUH?? Deflation is a GOOD thing! I for one am happy to be paying less every year for my computers and flat screen TV's. You are obviously a Keynesian. And 2%?!?!? Dont believe the government numbers, they are lies. Go to shadowstats websites for the REAL inflation numbers.
gbcanuck 1 day ago
@gbcanuck You make less in wages and unemployment rises
SmashActionRemix 1 day ago
Get out of gold before the gold bubble pops. Its value is rising because gold companies are tricking poor people into investing only in gold instead of stocks. This video even shows how bad of an investment gold is at 3:10.
SmashActionRemix 1 day ago
@SmashActionRemix so u say gold is in a bubble now ?
ahmedvienna 1 day ago
@ahmedvienna Of course. It's grossly overvalued thanks to gold speculators that watch videos like this. When people regain their confidence in America the price of gold will drop sharply.
SmashActionRemix 1 day ago
@SmashActionRemix ok friend, you can have one side of the argument, but can't have both of them to prove your point. You can't say gold is overvalued... and then come around in an earlier comment and say that gold is a bad investment (I am thinking you mean that it is a bad investment in terms of little returns).. so it's either a bad investment (I Don't think of gold as an investment), or its over-valued.. so pick one..
ahmedvienna 1 day ago
@ahmedvienna It's a bad investment in the long term. You can make a return on it in the short term because of the bubble, but if you don not get out of gold before the bubble bursts you're going to lose a lot of money.
SmashActionRemix 1 day ago
@SmashActionRemix What you said can be said the same about Stocks, Homes, Bonds. Any asset that is in a bubble, you will definitely loose money if you get out too late. So you want talk long term ? 1971 gold was at 35 USD at ounce.. today it almost reached 1900 USD (54x return).. dow was at 800.. today its 13K (16x returns not counting dividends.. ) please explain to me how this is a bad investment ??????
I stress again that I don't believe gold is an investment, Nor am I saying that it's cheap.
ahmedvienna 1 day ago
@ahmedvienna You can make money off of gold, but you can make a lot more investing in random stocks. Warren Buffet and the other billionaire investors didn't make their fortunes investing exclusively in precious metals.
SmashActionRemix 1 day ago
@SmashActionRemix Don't equate buying gold with investing. Do you call the dollar in your account a form of investment ? No.
Gold is a form of money. The best form of money. Money's properties is to keep it's purchasing power over long periods of time. Investing is not about keeping your purchasing power, it is about multiplying your purchasing power and provide a stream of income. Gold doesn't do that. But there are times where it can beat all investment classes like Stocks and homes.
ahmedvienna 1 day ago
@ahmedvienna A bubble is when a commodity's price is above its intrinsic value. The price of gold is artificially high because of videos like this. Keeping your money in gold is about as smart as keeping your money in diamonds. Your money will grow a lot more over the long term if you put your money in an established mutual fund, even during recessions.
SmashActionRemix 1 day ago
@SmashActionRemix aah.. so its youtube videos that are making gold in a bubble.. and a few gold companies trying to make people buy gold ..? really ? come on man..
I just showed you an example of 1971 where if I bought gold, i would have 50x more dollars.. or if i bought the DOW from that same period.. i would've had only 16x more money.. Gold is def. a winner in this scenario.. and this is a long term scenario.. so your statement is wrong...
ahmedvienna 15 hours ago
@ahmedvienna Hold onto your gold if you insist. I'm just here to help.
SmashActionRemix 4 hours ago
@SmashActionRemix & why do you say gold is in a bubble ? how do you define a bubble ?
ahmedvienna 1 day ago
@SmashActionRemix You are not getting the big picture I think. The whole paper currency / stock market is a system that can be MANIPULATED AND CONTROLLED. Gold is rising because people are starting to figure this out. Paper currencies have NEVER survived throughout history. Gold always has. Look at the video again to understand the properties of gold as a currency (they start at 2:20).
gbcanuck 1 day ago
@gbcanuck How about the dollar? It's lasted for the past 45 years as a purely fiat currency and the last 80 as a semi-fiat currency. The gold-backed dollar is what couldn't last because the economy grossly outgrew the value of gold reserves.
SmashActionRemix 1 day ago
@SmashActionRemix Let me think, dollar lasted as a currency for 45-80 years in a pure to semi fiat form.. Gold has lasted for THOUSANDS OF YEARS as a currency. The FIAT dollar has lost so much of its value through inflation (the loaves of bread part) while gold has RETAINED its value.
gbcanuck 1 day ago
@gbcanuck Economic growth was very limited under gold currencies. Even gold backed currencies weren't entirely gold backed. The government only had enough gold to account for 16% of the money supply in 1880. We finally got off of the gold standard in the 70s because the money supply and the economy had grown to the point that only 1% of the money supply was backed by gold.
SmashActionRemix 1 day ago
@SmashActionRemix Not true sir. Check your history on how your economy flourished under a gold standard. And as for 1970, well we all know it was Nixon that closed the gold window because the very high inflation at the time and the other countries that wanted payment for their dollars in gold. Here's a link... do some reading... Google "Nixon closed gold window" to read up on it.
gbcanuck 1 day ago
@gbcanuck What you don't know is that the dollar was never fully backed by gold. It was only foreign holders of dollars that could exchange dollars for gold. The reason for this was there wasn't enough gold for all of the dollars. This preceded Nixon by a century. By Nixon there was so little gold relative to the money supply that we went off of the gold standard in case of a foreign run on the dollar.
SmashActionRemix 1 day ago
In this case, I must get started with gold investment right away!
rainboyzzzz 2 weeks ago
again......in ten years this video will show gold prices that are steal.....
k31rifleman 1 month ago
Praise the Lord! I have me some valuable info just when I was debating in my mind what to do. I kept thinking if this solar flare wipes out out electrical grid and effects technology there goes my precious little savings. I`m already expecting the technology/electricity to fail as a new system comes in, based on the prophecies of Islam. We have been forewarned and now the warnings are coming into play. Stock up on water, food and fire.
prophecy info available at harun yahya . com english
makemelaughwhydontu 1 month ago
Good info, terrible taste of music.
TWSceptic 1 month ago
Excellent, thank you.
highandwired 1 month ago
This has been flagged as spam show
Everyone read the following book to understand inflation more and why Gold wins over paper money.
"The Case for Gold: A Minority Report of the United State Gold Commission"
by Ron Paul
fiscalconservative76 1 month ago
Comment removed
fiscalconservative76 1 month ago in playlist Liked videos
dollars are worthless, dollars just represent gold and gold backs up dollars, so it makes more sense to have gold than paper.
ilovedogsandguns 1 month ago
If i cant afford gold, is silver OK? Or will it just lag and be left behind? Or should i just REALLY save and get some gold? Please respond. Thank you.
WAKEUPNOWDAMMIT 2 months ago
this is why we should go back to the gold standard.
justin20111000 2 months ago
This is why we should all hold gold in our portfolio's.
InstantGreenPower 2 months ago
BRAVO MAVO!!!!!!!
lissacaldina 2 months ago
Banks suck
k31rifleman 2 months ago
Oh great now all people who watched this video will keep all the gold. T_T
MrLumierre 2 months ago
There was a spike in the price of gold back in the early 1980s. After the price fell, it took over 20 years to recover. Considering how the price has spiked recently, I'll put my money elsewhere.
swissoligarch 2 months ago
@swissoligarch Notice the timeline for the graph showing the historic value of gold started in 1987
swissoligarch 2 months ago
Want to make money? Get yourself started taking advantage of the gold rush happening right now, don't let this opportunity pass you by, you can trade gold from home and make money every day, whether gold goes up or down you can easily trade it online and make money, all you need is our help to teach you how. Google "Gold Trading Academy"
mortzz3876 3 months ago
Like houses!? OMG You don't understand gold......or houses
k31rifleman 3 months ago
I would fill it with molybdenum...
carminecar 3 months ago
In ten years, will this video be a joke? Look around you, Are you willing to take that bet?
k31rifleman 3 months ago
@k31rifleman:
Gold HAS to keep rising in price, as the population grows, and inflation inflates.
Its a pretty safe bet, to be fair. Even if it went down this week, it owul dgo back up, even if i ttook 10 yrs. Like houses - they always go up, eventually.
Its just whetehr you want gold in your house. And in the bank vault, it can be consfiscated by the next govbt who feels it needs bailing out.
AnnoyingTypoSyndrome 3 months ago
@k31rifleman 'Look around you'
That's not how you invest my friend, you actually have to understand economics. Once you do, you'll understand precious metals are the way to go right now.
TWSceptic 1 month ago 2
Take a chart of the USA debt in the last ten years and a ten year chart of gold.....hint hint......they match. Whats a bubble again?
k31rifleman 3 months ago
Gold is $1700. You think it's overvalued please has been pretty much flat versus other commodities.and your assumption of it being overvalued is wrong. It's far undervalue when you compare it to the US dollar. Fact is no one really knows how much printed on or electronic dollars are out in the world economy. So go will probably remain fairly flat versus other commodities and will continue to go up in price versus the dollar. up $600 in one year. This time next year.it will probably be $2300
nickknight3232 3 months ago
how about silver?
MarcosMora 3 months ago
QUOTE OF THE YEAR Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves -Norm Franz, "Money and Wealth in the New Millenium"
k31rifleman 3 months ago
i didnt understand a crap. yao ming face xD
insimilcupitre 3 months ago
an ounce of gold is USD 1700 today. how the fuck a nice suit costs USD 1700?? Gold is overvalued.
johanazmanshah 4 months ago
@DannyWilsonsLaundry
Im sorry, i was just high and i have a sick sense of humor. No offense to you or you're family. It was kinda a moment thing like a "Thats what she said joke" So i will be the bigger man and apologize for somthing that may have come off as rude or offensive. As for my parents, My Mom. Dad, Sister and little brother died in a house fire when i was 3. So yes i'm sure they are proud of someone who one day plans to take their own life.
BURMTIC 4 months ago
@DannyWilsonsLaundry
Your mom's pussy is all we need to make Yeast.
BURMTIC 4 months ago
I'd rather have some non GMO seeds in that safe, anyway in heaven the streets are paved with this stuff, its so pure to the point were it's transparent.
RespectMyHate 4 months ago
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90% accuracy trading is now a reality. If you want to get rich invest in gold! Come visit my website, just google Gold Trading Academy to learn more.
THERollyboy123 4 months ago
What program was used to make this video?
MaitKDR2 4 months ago in playlist Liked
What am I supposed to use gold for?
It's useless outside spacecraft insulation. Sure it can be used in electronics, but there are other materials that do that job pretty well.
If the only use for it is to melt it down into small disks or bricks to trade with. what the fuck are those people going to use those discs and bricks for?
Fuck currency. I'd store materials to build a greenhouse. Least that has some uses.
mg03nma 4 months ago
People have this notion that gold and silver will never fall. I just sold 40 ounces and the guy I sold to was amazed I was selling it. He told me I was crazy. He said silver will hit 120 dollars by 2012. I told him that it's impossible to predict and he peacefully argued with me. That was 3 days ago know I feel bad for the guy and hate these snake oil salesman that sell these people BS.
THEINVENTABLETHREAT 5 months ago
@THEINVENTABLETHREAT Haha, silver will still explode, this is just temporary, BTFD!!!
TalonNL999 5 months ago in playlist TalonNL999's Favorited Videos
@TalonNL999 Not as much as you might think. there is a a lot of silver.
THEINVENTABLETHREAT 5 months ago
Watch this video and more on the Silver Bullet page on Facebook. Peace!
MysteryManagement 5 months ago
Nice video peeps.
Otzmatron 5 months ago
1400$ oz of gold,,, ah those where the days... hello 1900$. aug 28th 2011
No one talks about silver. Hmm. Think that 42 to 1 ratio will last for ever seen as silver has 0% electrical resistance and is needed for everything high tech such as video cards or tomahawk missiles...
If you haven't dumped paper your a moron, if you haven't traded gold for silver your unopportunistic. ; )
TheTrueJBV3737 6 months ago
I've been collection coins and stuff for about 6 years now and I have about 190 ounces of silver and like 5/20 worth of one ounce of gold. I only collect coins no bars or anything. I just think it's weird though because people say the US money is worthless but yet they are buying gold to so if they need too, they can sell it to get money???
mcrfuse 6 months ago
@mcrfuse Hya. Peaceful reply... Actually, i look at it the other way around! Metals are the money (corney as it might sound, i really DO feel like gold and silver are the money God meant us to have,it just feels honest and real) The paper currency was the invention of greedy bankers. Not good people. Its a monster to me. But Gold is honest. Always has been. As a person who prides themselves on honour, i can feel when something is "dirty" by now. And the current system makes me shiver.
WAKEUPNOWDAMMIT 2 months ago
gold [gohld]
noun
1.a precious yellow metallic element, highly malleable and ductile, and not subject to oxidation or corrosion. Symbol: Au; atomic weight: 196.967; atomic number: 79; specific gravity: 19.3 at 20°C.
2.a quantity of gold coins: to pay in gold.
3.a monetary standard based on this metal; gold standard.
4.money; wealth; riches.
5.something likened to this metal in brightness, preciousness, superiority,
etc.: a heart of gold.
msa0709 6 months ago
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msa0709 6 months ago
Brilliant. However, what goes UP MUST come DOWN.....like property.
truro007 6 months ago
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@truro007 "Brilliant. However, what goes UP MUST come DOWN.....like property."
And is the dollar exempt from that? And with what you mean by property, do you mean you where in a earthquake and the property actually went down in elevation? or are you referring to the imaginary price of it compared with paper currency?
TheTrueJBV3737 6 months ago
well buy gold if you want, though better make Dough. You can't eat gold.
CTR831 6 months ago
@CTR831 actually you can. gold is harmless to consume
jracine9210 5 months ago
@jracine9210 :) Worlds most expensive belly ache though...
WAKEUPNOWDAMMIT 2 months ago
still the best gold vid on youtube, I've watched it over and over, its cool :)
wesleytarbuck 7 months ago
Gold is money and nothing else and the same applys for silver, In Gold we Trust.
dominicprofessional 7 months ago
Only people with money can buy gold and that....leaves me out. i see the future, middle aged women and men, who served their family or, country all their lives sleeping in boxes on the street. Tha'ts my future.
adnetjm 7 months ago
@adnetjm Gold? Of course you can buy gold! Just buy the most you can afford, whether it be from one gram up to 50 grams. I'm poor, but I got 50 ounces now. And am saving up for another ounce.
ytrogergt 7 months ago
@DannyWilsonsLaundry let them eat cake ;-)
DavidAKZ 7 months ago
@uzernaam Have you seen Secret of Oz by Bill Still ?
DavidAKZ 7 months ago
Go Gold!!! Check out my collection!
SilverGoldCollection 7 months ago
Great video! Very educational.
gruppenfuhrer0 7 months ago 13
@gruppenfuhrer0 Thanks a lot, we made the video to educate people who dont know much about Gold...
GoldCoreLimited 7 months ago
@uzernaam no one will lend it with zero interest.... at least some interest is necessary so people have an incentive to lend...
cooledcannon 7 months ago
@cooledcannon government for the people by the people ?
DavidAKZ 7 months ago
@DavidAKZ i dont understand? no one will lend money at zero interest except to a friend cause you lose oppurtunity value of the money...
cooledcannon 7 months ago
@cooledcannon US FED lends US Treasury money @ 0.25%. How close to 0 do you need to get ? The issues with a fungible means of transaction are i) The quantity in circulation, ii) Who controls the iii) and yes because it is so prevalent iii) the interest rate. However all three of the great monotheistic religions in the world forbid charging interest on money lent. It is called usury.
DavidAKZ 7 months ago
The US constitution says money will only be *coined* by the *government*. Funny how it is now *papered* by a private banking cartel. In essence you could have a fixed quantity of 'means of exchange' minted by the government that is used to foster the growth of goods and services with no usury. Usury allows people who control the money supply to live for free on the back of yours and my labour. Google "Money as Debt" Video 47 mins. "Secret of Oz" by Bill Still
DavidAKZ 7 months ago
@DannyWilsonsLaundry Cool! It would be funny to hear the ridiculous reasons why people would not want the gold.
vegaswolf 8 months ago
I have the answer Do you know where the gold actually comes from ?
I will tell u but guess 1st
PreciousMetalinvest 8 months ago
@PreciousMetalinvest God ?
DavidAKZ 7 months ago
@DavidAKZ
Every so often in a supernova gold is created, A collapsing star will forge an odd numbered atom, a real rarity gold!
After the explosion, those few gold atoms are cast deep into the universe where they sit in empty space for eons. Eventually, some of the atoms may join a cloud that cloud may condense into a planet.
Once inside a planet, some of the atoms may make it near the surface where we can dig them up.
So Gold is Eons old and existed before earth.
PreciousMetalinvest 7 months ago
@PreciousMetalinvest that's interesting. So I wasnt far off !
DavidAKZ 7 months ago
@DavidAKZ
Not far off at all ; )
PreciousMetalinvest 7 months ago
@eyeami
Furthermore, inflation certainly does matter. For a start, governments have an interest in understating inflation, so people on fixed-incomes (like pensioners with inflation-index-linked benefits) find their purchasing power dwindles. Taxes on interest earned in bank accounts don't take into account inflation; and the elites at the top of the 'money tree' get the advantage of spending the newly-created currency before it has had time to trickle through the economy and inflate prices.
BrotherDevious 8 months ago
@eyeami
Although it would be ideal if our money supply grew at the same rate as the economy, the fact that since the Fed's inception the dollar has lost 97% of its value (whereas during the prior two centuries its purchasing power stayed roughly the same) shows that the people in charge of creating fiat currencies simply cannot resist political pressure and resort to creating too many units of currency.
BrotherDevious 8 months ago
@BrotherDevious that's right. Debasing the fiat currency debased the value of debt
DavidAKZ 7 months ago
who needs so much bread????
leepakim 8 months ago
@uzernaam A well-regulated free market is better at deciding because it is derived from real human nature and the real natural world (where resources are limited and people don't work, sacrifice, and save for nothing). Your system fails because someone would have to artificially decide who gets money & debt for what, and force people not to use better forms of money. Eventually people would be left holding worthless money that they worked for, while those close to the managers hold real assets.
momentinpassing 8 months ago
@uzernaam Lending someone money entails both risk and lost opportunity over time (what you could have done with the wealth instead of lending it during that time, and the benefits you could have enjoyed in having done so). Lending money at no interest is artificial and unsustainable especially over the long-term on a large scale. You would be cheating someone either at debt creation or via currency debasement, and that requires coercion. Which is essentially how the US dollar works.
momentinpassing 8 months ago
Two thumbs up for the background music.
rklemaster 8 months ago
Returning to the gold standard is a TERRIBLE IDEA! As this short (sighted) clip states, gold is finite & stably valued. Our population & production isn't. The gold std would severely cap our economy & thin out wealth as the pop. expands. We print more fiat money because we have more industry to sell goods & more people to buy them. Inflation is a meaningless red herring b/c despite it (adjusted for), the standard of living increases. An economy based on gold can't facilitate such growth.
eyeammi 8 months ago
@eyeammi that's true. Without increased credit, people could not be lifted out of poverty. But if you do not retire debt, debt will retire you. Here in Australia, the inflated price of houses was brought about the extent to which the banks would lend at low interest rates and low (5%) deposit. Interest rates are still relatively low but you are required to have a 20% deposit. House prices are ~x10-15 average earnings. This is only sustained by low unemployment due to the rise of China.
DavidAKZ 7 months ago
@guitarbridgecleaner I went on the Website and found individual bullion products, coins, bars, etc?
Nathan21122012 9 months ago
This has been flagged as spam show
@Nathan21122012 Thanks I will check this out (: Have a good day man.
Nathan21122012 9 months ago
The comparison between 1oz of gold and $1 is slightly silly. I think we can appreciate the comparison in loss of value but bear in mind from ure own stats 1oz of gold is worth $1400. Just a point to ponder while your watching this video
0SamuraiSoldier0 9 months ago
@0SamuraiSoldier0 I believe the point is what you can get with 1oz of gold not the value vs a Dollar. If I offered most anyone today in the street a 1oz Gold Coin or $500 in cash I GUARANTEE you the majority would take the cash. People are just oblivious with regards to real economics. They follow the fiat fantasy instead.
vegaswolf 8 months ago
@vegaswolf True that. Money is just an idea on paper but gold is real!! The stock markets and forex markets command the worth of a currency but gold is a cold hard object. Point taken =]]]]
0SamuraiSoldier0 8 months ago
Comment removed
msa0709 9 months ago
$1,400? You mean $1,500... $2,500... $10,000... yeah, and so on.
"Gold is money and nothing else" J.P. Morgan
TheZoider 10 months ago
@TheZoider, that is true !!!
GoldCoreLimited 8 months ago
Who his the group that plays the background music?
tippyparrish 10 months ago
The whole purpose of cash is to have a temporary supply of money to use at stores. It's not supposed to be something you store up or invest in.
That's why it's printed on paper. Paper deteriorates. You don't need to go back in time, like Marty McFly, and use current day Federal Reserve notes. It's just for the present.
The value of the dollar only changed 1.6 percent between 2009 and 2010. The purpose of cash is short-term use.
dickinson1027 10 months ago
When is SilverNomics coming out?!
samsam5886 10 months ago 2
@samsam5886, Soon, we are working on that at the moment :)
GoldCoreLimited 8 months ago
@GoldCoreLimited what is SilverNomics?
hexstaticleon 8 months ago
@samsam5886 I created one. Its not as good as something like this but...meh....i had some free time (: Just type silvernomics
Nathan21122012 7 months ago
Thank you for posting.
blackswanflea 11 months ago
Thanks everybody who liked, commented & shared the video!
Nearly 100,000 Views now :-)
We believe it is one of the best ways to educate friends and family about our modern financial and monetary system and the financial & economic challenges facing us all today.
GoldCoreLimited 11 months ago
Nice 1 uncle haha
MrFinnypo 1 year ago
impressive insight into the world of gold, there seems to be no stopping the interest in it.
chobbesrules 1 year ago
Excellent video... this is something that the masses can read and digest. Keep making videos like this and spread the word. A silver video would be excellent.
RmcAZ 1 year ago
Thanks for posting.
williamsfilms1 1 year ago
Excellent video with wondereful visuals,
thanks 4 sharing & may we enjoy Gold in abunDance .:.
joyisaware 1 year ago
we traded in the perfect money for paper. Its like trading in a Ferrari for a bus ticket
roger767 1 year ago
Cool Video!
yaahme 1 year ago
Gold... best way to save your money.
l1xx3r 1 year ago
One of the best Gold vid I've seen to date! ... making one for Silver? :P
vidsurf88 1 year ago
Great video thanks for posting.
SWMMI 1 year ago
If you would like to receive our award winning daily research please sign up on GoldCore.com and we can be found on LinkedIn, Facebook and Twitter.
GoldCoreLimited 1 year ago
GoldNomics reached 70K Views overnight and will reach 71,000 any second now. Long way to go if we are to challenge Spandau Ballet's painful song
'Gold' at top of YouTube charts with 5,161,561 views in 5 years but we will get there - especially with your help :-)
Thanks everybody who liked, commented & shared the video.
We believe it is one of the best ways to educate friends and family about our modern financial and monetary system and the financial & economic challenges facing us all today.
GoldCoreLimited 1 year ago
@ernunnos @YouTheory SilverNomics is coming soon :-)
Will sort out out the spinning coin mirror image on the 2011 U.S. Silver Eagles :-)
GoldCoreLimited 1 year ago
Dont forget Silver is right behind gold!
YouTheory 1 year ago
@YouTheory SilverNomics will rock :-)
GoldCoreLimited 1 year ago
@GoldCoreLimited Amen Brother!
angelmtza 1 year ago
very nice video which should have effect on people to get gold! I also like the song, what is it called?
arminho09 1 year ago
@arminho09 thank you for the kind words. the soundtrack is by a Lithuanian group called 'Metal on Metal' (no pun intended!). The track is a remix of their song 'No Front Teeth'. We have the remix as one of our favourites on our channel page. :)
GoldCoreLimited 1 year ago
Marvelous.. I thoroughly enjoyed that... spread this video wide and far. :-)
sidkings 1 year ago
@sidkings thank you :) we'll do our best RE the spreading far and wide :)
GoldCoreLimited 1 year ago
Good vid you did there....
warisbs 1 year ago
@warisbs thanks :)
GoldCoreLimited 1 year ago
Nice video educate the masses!
davincij15 1 year ago
@davincij15 thanks :)
GoldCoreLimited 1 year ago
Great vid!
Macpartyvids 1 year ago
@Macpartyvids thanks :)
GoldCoreLimited 1 year ago
@uzernaam interesting point . . . considering the scale of debt internationally which is being foisted on beleagured tax payers it would make sense to have a form of international debt forgiveness. Common sense is uncommon in these times
GoldCoreLimited 1 year ago
@GoldCoreLimited +1. I believe a certain hedge fund manager (Hugh Hendry) is of that opinion
DavidAKZ 7 months ago
We just hit 50,000 views with GoldNomics: a big 'thank you' to all users for viewing, liking and commenting! :)
GoldCoreLimited 1 year ago
Malaysia has already got gold and silver coins circulating but not on a big scale yet.
usy44u 1 year ago
@usy44u Yes, we wrote about the reintroduction of gold and silver coins as a medium of exchange in Malaysia recently. Some years ago, we also wrote about ex President Mahathir bin Mohamad proposals to introduce the gold dinar as a new pan Islamic currency. Interesting concept and given Robert Zoellick's recent comment regarding the merits of a quasi gold standard his proposal my be reconsidered. . . .
Thanks for your input.
GoldCoreLimited 1 year ago
@GoldCoreLimited if the gold and silver starts circulation on international level you will become a threat to American empire that is run by the money Lenders i would suggest wouldn't it be better if all the countries tried at the same time or as much as countries can, this will make it harder for money lenders to interfere ? what about zero interest ? by adding this recipe together it leaves out dirty competition.if you do not understand my question plz let me know i try to re-write it
usy44u 1 year ago
@usy44u Yes, we wrote about the reintroduction of gold and silver
coins as a medium of exchange in Malaysia recently. Some years ago, we
also wrote about ex President Mahathir bin Mohamad proposals to
introduce the gold dinar as a new pan Islamic currency. Interesting
concept and given Robert Zoellick's recent comment regarding the
merits of a quasi gold standard his proposal my be reconsidered. .
. . Thanks for your input.
GoldCoreLimited 1 year ago
@usy44u Yes, we wrote about the reintroduction of gold and silver coins as a medium of exchange in Malaysia recently. Some years ago, we also wrote about ex President Mahathir bin Mohamad proposals to
introduce the gold dinar as a new pan Islamic currency. Interesting concept and given Robert Zoellick's recent comment regarding themerits of a quasi gold standard his proposal my be reconsidered.
. . Thanks for your input.
GoldCoreLimited 1 year ago
America still doesn't get it. Great video! You can't have a sound economy without sound money. Enough said.
nomoreserfs 1 year ago
@nomoreserfs The world does not get it Nomoreserfs but hopefully this video and sterling work being done by others will help educate about the unsustainability of the modern monetary system.
GoldCoreLimited 1 year ago
cont... Nobel Laureate Milton Friedman, said of silver 'The major monetary metal in history is silver, not gold.”
Silver is an important diversification and essential financial
insurance in these uncertain times.
We have focussed on gold in this video but will look at silver in another video.
GoldCoreLimited 1 year ago
@GoldCoreLimited Can't wait to see the silver video! Please put a back face on your spinning coins though. The mirror image of the front is very distracting.
ernunnos 1 year ago
@ernunnos You will love SilverNomics. Will sort out the mirror images on the 2011 U.S. Silver Eagles. :-)
GoldCoreLimited 1 year ago
Thanks for the comments RE silver guys.
We agree that silver may outperform gold in the coming years. People
need to be diversified and own gold and silver.
Gold and silver has been used as money in more regions and countries
and for longer periods of time than the relatively modern use of paper
currencies. Interestingly, silver has been used in more regions and
countries and for longer periods of time as money than gold. cont...
GoldCoreLimited 1 year ago
very good video but silver is more practical for trade imo
INFOWARforYourMind 1 year ago
There's no alternative to PM's for your savings. Savings rates are well below the real inflation rate, the stock market looks dodgy, bonds are a joke.
0muffins0 1 year ago 2
What a great video. :)
ThePayges 1 year ago
@ThePayges thanks :)
GoldCoreLimited 1 year ago
What's your website, GCL?
cocomaan 1 year ago
@cocomaan our website is GoldCore.com - and additional inforamtion can be found on our Channel Page.
GoldCoreLimited 1 year ago
A truthfull commercial, how about that. ;-)
Great video and a very catchy tune!
T4L0NNL 1 year ago 6
@T4L0NNL thanks :)
GoldCoreLimited 1 year ago
Comment removed
gazialankus 8 months ago
@T4L0NNL
Nesakyk Mamai - No Front Teeth
gazialankus 8 months ago 3
excelente Video, se podría subtitular en español?
elegregor 1 year ago
@elegregor We are currently working on Spanish subtitles. Thank you for the compliment.
GoldCoreLimited 1 year ago