If I was rich I would buy Double eagles(Twenty dollar gold pieces/coins). I'm glad the us mint still produces gold bullion and proof gold eagles(1/10, 1/4, 1/2, and a full troy ounce of gold). They make very VERY few of the proofs only 30,000 or less of each size, silverfuturist do you think these would be a good to buy or just stick to silver and gold bullion?
I was gonna do a video response for this and another one of yours but I haven't had the time; anyway, thanks a whole bunch, Joe; I understand the 'protection of wealth' and I appreciate your perspective and information.
@farhadekoohkan baking soda is an abrasive so any kind of rubbing will wear the silver - tarn-x is like magic, you don't have to rub anything BUT if you use/put food stuff next to the silver that could be a problem
best to line it if it's a fruit bowl or if it's a pitcher, well I wouldn't drink out of it, unless it's lined in glass
tarn-x is a little costly too so if you don't soak it in a bowl you could saturate a soft cotton ball and paint it on gently - stuff works fast - wear latex gloves
Question for silverfuturist. I've seen you with other PMs. Do you own any platinum or palladium, or otherwise believe they would be good diversification for silver owners? I have some gold too, but way more silver. I realize platinum or palladium are not known as monetary metals, but wonder your thoughts on whether to own them, given that they are priced very low relative to gold, when compared with how much more rare than gold they both are. Anyone else feel free to respond. Thanks
Hey guys don't wish to spam you or anything, but i just started a blog, i am trading gold and commodities on the market, i am NOT a professional Trader! but on my blog i will share my thoughts before and after trades, i do NOT advise you to make the same trades but i know that some of you guys are better traders and read charts better then me so ONLY if you are interested please visit my blog and comment on my ideas its psychic-dominator . blogspot . com and maybe we will all learn something
Silver coins were named for the valley or "thaler"(pronounced like taller) where the SILVER was mined in Bohemia (now Czech). The word dollar came from this shortening of the name of the valley where mining was done. Fast forward over a millennium, and here we are.
____________ Join the NEW group SILVER PATRIOTS ______ Search for the video : We Are the Silver Patriots _____ join the fight with us and tell your friends ______we all get together and share information _____We the ppl create the internet buzz _____We have a true leadership _______________________________WE NEED YOU ! •••••••••••••••••••_____Check my channel under favorets for ez access _______________
(1) Artificially control the supply of public State-issued Currency, (2) Artificially impose Banking Money as the primary source of funding in the economy, (3) Promote doing everything by Debt and (4) Erect complex channels that allow privatizing profits when the Model is in expansion mode and socialize losses when the model goes into contraction mode. THE PLAN!!
silver and gold is not the solution to monetary problems. I am buying silver as a hedge against the paper dollar, but I know silver and gold can't work as money as the quantity can't be controlled. I agree with Bill Still on the matter, we need a non-debt based money such as the Lincoln Green Back issued directly by the government rather than private banks. Controlled by the people for the people through government. Wihtout government we would have monetary anarchy.
@dogbarker1981 It is possible that silver and gold are not the solution to monetary problems. I consider silver and gold to be personal solutions for what is coming at us, I think those who can think for themselves will be rewarded in that regard.
@dogbarker1981 Gold and silver do work as money precisely and only BECAUSE the quantity can't be controlled by man. The control is natural. Mining gold and silver is very arduous and expensive by any measure. That fact alone prevent kings/dictators fiddling with the money supply to enrich themselves and thus provides the only honest money that has ever worked on this planet. Not that gold is perfect. Availability can be manipulated downward, which is true of anything used as money.
@ENLIL2000 who controls the quantity is the whole problem, if we go on a gold standard only private interest who hold major supplies of gold will once again have control of the system. The Goldsmiths back in England's history is a good example of this . Once they had control of the gold supply they could manipulate the English economy as they see fit. What would happen if there was no gold available in a country to exchange? What then?
@dogbarker1981 Fair point. In the end all monetary problems are political. If manipulation of the money supply is allowed then the society can be manipulated. Rothschild had it totally correct. Gold and silver aren't perfect. They're only better than paper because they are more transparent. The criminals are easier to spot. The society still has to deal with the financial criminals no matter what sort of monetary system they use. Failure to do so means the collapse of the society.
do not polish your silver - the tarnish (sulfur) protects the metal
if you find tarnished silver don't be afraid to buy it that's a good way to tell the item has silver. If the tarnish looks green the object probably has more copper
do not polish with a cloth it rubs away some of the silver - leave the tarnish alone unless you want to display or wear it
If you must clean, use the liquid stuff (tarn-x) that will dissolve the tarnish, but don't rub it with a cloth, just let it dry in the air
"do not polish your silver - the tarnish (sulfur) protects the metal"
Learned this lesson the hard way. Once you polish it you have to keep on polishing it because the sulfur just adds up even more a few days after you have polished it.
Gold alone is unsuitable as a currency because you cannot easily test the purity of gold below 10 carat, so it's completely impractical to alloy gold below that purity level for coinage, thus you cannot mint gold coins of sufficient quantity for commerce. A second, lower value metal is necessary and silver does and has always fit that bill perfectly. That's the story, plain and simple.
@silverfuturist No. The only practical and inexpensive way for the layman to test a gold coin for purity is the ancient "acid test", with aqua regia - which requires rubbing the edge of the coin on a stone to get a test sample. No way to do that with a tiny amount of gold embedded in some other media - any other media. If you can't test your coins easily you have to rely on the honesty of the mint. We all know where that leads!
@ENLIL2000 I disagree. not for the coinage issue but for the currency issue. Gold is suitable in my opinion for currency. if we all deposit it in banks and obtain debit type cards for our stored wealth, it could be done.
@ThisIsRogueLiberty I should clarify by saying sell the amount of silver for gold that makes sense, maybe do a portfolio balance as the ratio gets lower. For example: if your goal was 50% gold, 50% silver and you bought when the silver:gold ratio was above 70, your current ratio has changed to 25% gold 75% silver! But don't do this often, the transaction costs are high.
@silverfuturist ...but strictly speaking, Gold is a better buy than Silver. It's more expensive, but your investment in it compared to Silver is proportionally greater as well.
So technically, Gold is a better buy than Silver. Correct?
That was the main point of my question...and my brain still hurts...LOL
Great video, Silverfuturist. You really made some excellent points about considerations for basing a currency on silver, which is unstable and consumed. I had never considered that idea, so I did learn something. Thanks!
Actually, very little silver is used in industry..the proof of that is the fact that corporations could buy all the silver they wanted for under $10 bucks an ounce just 2 years ago..silver is not worth anywhere near $50 an ounce..to say that industrial use is affecting the price in this economy cannot be proven...why even mention it?
@FXNorm w w w.resourceinvestor.c om/News/2009/11/Pages/Silver-Declining-supply-increasing-demand.a spx
silver is worth $50 / oz today because smart people know that what they hold today MUST be consumed tomorrow so trading between now and then is viable. More silver was used than was mined even 2 years ago, now the game is on. Medical advances coming: antibiotics are failing constantly, only silver can replace them long-term.
Silver is also a germicide, so when you passed your silver along it would be sterile. There was less fear of disease spreading with silver. Unlike the rumor of anthrax money scare around the time when the bankers did 9/11.
Don't be intimidated if you had the Bible thumpers bashing the mention of chakras or some other 'devil' religion. Feel free to break out of the barn :)
if u look back in history emeralds and jade have been currency longer than gold and silver. and for those who dont know the price of diamonds is artificially emeralds are rarer and in many countries theyre worth more
I love your videos, but when you are feeding me this much information, you're going to have to slow down, so I can absorb what you are saying...maybe I'm just tired from a long day out, but I couldn't focus because you spoke so, so fast...please slow down just a bit...I love your enthusiasm...thank you for your great vids...
____________ Join the NEW group Silver Patriots ______ Search for the video : We Are the Silver Patriots _____ join the fight with us and tell your friends ______we all get together and share information _____We the ppl create the internet buzz _____We have a true leadership _______________________________WE NEED YOU
Gold is also used in industry> But not nearly as much as silver. But even though gold is used industrially, is that gold really consumed? Almost all of industrial gold is reclaimed, while only a small fraction of industrial silver is reclaimed. As the silver price goes high more industrial silver will be reclaimed and not "consumed". I think that has to be considered and would be a stabilizing factor in favor of monetizing silver.
@greatlakescrow Excellent point. We need an industry expert to go over that! But silver becoming an industrial metal changes the properties of a stable supply, even if it can be recycled. During a boom the silver supply shrinks as industrial demand increases, during a recession silver is dumped on the market due to industrial slow down. Given all that, silver is much more stable than creating money out of thin air.
@silverfuturist apparently it is not cost effective to recycle silver because the most effective way to recycle is by using hydrochloric acid (I think, if I can recall).....plus the process is pretty thorough, not to mention you get such a tiny amount out of a TON of recycling....
when silver hits above $100, that may change because it is in everything electronic pretty much...
@greatlakescrow most of the silver is used industrially in miniscule amounts and cannot be recovered economically. For instance, there is about 10 cents worth of silver in each cell phone. It would take way more than 10 cents worth of effort to recover it, so it is not recycled. CD's have a couple of microns of silver in each one. Again, not worth the effort to recover. But with silver being in over 10,000 the industrial use adds up.
@greatlakescrow At $49/oz, its too cheap to recycle efficiently. I've seen expert estimates say that it needs to trade above $100/oz before its actually profitable to recycle.
@greatlakescrow Silver can be recycled but the recovery process is a net-energy-sink , adding to the mean price.Simply put at this price, recovery is more expensive than the silver on the market. Plus the recovery proess is always a under unity process - you never get it all back.
@greatlakescrow poor designs of electronics & alloys has a mixture of silver that is very expensive to recycle & consumer items designed to be thrown out. If the design of such things was using more pure silver so the refining cost is lower, and not embedded in hard to reach places in machines, then it would be faster to remove. This might make the machine itself more cumbersome (your device) but cheaper to recycle (sustaining silver supply).
@greatlakescrow I read somewhere, that silver recycling from garbage landfills costs about $400,- per oz. But that was over a year ago. Maybe due to inflation it's $500,- meanwhile.
hey another good video and dont let the charkras video get u down bkus your right 1st of all and if it has to do with the truth thats all that matters.............anyway sla marches on!!!!!
As Joe said, copper pennies were representative of money not money in of themselves like gold and silver per the Constitution. Copper is much more common, I think 4% of the Earth's crust, while gold and silver do not even register in the hundredths of a percent. Unless you have a barn to house your copper for industrial purposes, copper is not an efficient store of wealth. Does not mean that some like it, but mike Maloney's book is investing in gold and silver, not gold, silver and copper.
I am only semi-prepared. I left the USSA. Diversified 85% of my money out of the Dollar into physical gold, physical silver, foreign currencies, tools, + foreign stocks. I am so paranoid that I have a contingency plan to leave the country I find myself now in (Northern Europe) in case things get bad. I will be heading towards Switzerland. I must say SF I disagree with you. Copper was real money and continues to show itself as real money as the price of a penny $0.01)pre-1982 continues to go up
@msungs copper is being driven up by inflation + JP Morgan's ETF intends to abuse that.
The most useful copper, still able to be traded, is in spools of pure copper wire. Next in line is the most common sizes of pipe/fitting. Pennies are useful BUT their value today is that they are valued wrong in fiat value vs copper material value so you can get them cheap like silver dimes in the 60's.
Get ready to grow your own food ASAP. Stock up on short term food (Groceries) long term food (dehydrated foods long term shelf life) and future food growth (non-hybrid seeds). Protect your money (buy gold and silver). Protect your ass (buy a gun and ammo)
Stop watching the train wreck and get prepared. The clock is running out. $6 gas is the instant game changer $7 gas ends the economy!
chakra is science and not religion. I think after seeing how many religions work that many of them disrespect science at large degrees. Money is religion and they refuse to acknowledge the science of what happens with fiat money.
@endlessmountain there's no science, no experiments, no evidence to do with chakras - this is not science, Derek, even if it's infinitely more moral than major religions like christianity. Money is not religion either: money is a function of trade. The power to produce everything life needs, with no help from others, is the power to have no money. For all else there is money, so that you must live amongst other humans as you can not provide for yourself. ONLY that is money, not paper.
@endlessmountain You know why "animals" don't "need money" Derek? Because their evolving abilities to withstand nature & feed directly from it are so much more capable than humans that trade is not required for survival. In our technological prowess we as humans have become biologically weak to disease & overpopulated for what nature can give us. Had we evolved more biologically than technologically this would not be so & we'd need less money - or none.
Damn dude, lay of the coke!!
rockvillesounds 7 months ago
You're hard to listen to, but you know what you're talking about...
WACWichita 10 months ago
Love the cat and the shop.
zekehooper 10 months ago
Poland produces 40 million ounces of silver a year, thank you very much. Greetings from Poland - the new new country after the crash:P
blackswanflea 10 months ago
If I was rich I would buy Double eagles(Twenty dollar gold pieces/coins). I'm glad the us mint still produces gold bullion and proof gold eagles(1/10, 1/4, 1/2, and a full troy ounce of gold). They make very VERY few of the proofs only 30,000 or less of each size, silverfuturist do you think these would be a good to buy or just stick to silver and gold bullion?
HitomiKagewaki 10 months ago
I was gonna do a video response for this and another one of yours but I haven't had the time; anyway, thanks a whole bunch, Joe; I understand the 'protection of wealth' and I appreciate your perspective and information.
Much Love, Shawna
GuysCallMeShawna 10 months ago
Good ideas, but you need to take two slow deep breaths before you record. :)
walktheworld 10 months ago
@farhadekoohkan watch?v=dHJrWOMq_h8
marniespeaks 10 months ago
@farhadekoohkan baking soda is an abrasive so any kind of rubbing will wear the silver - tarn-x is like magic, you don't have to rub anything BUT if you use/put food stuff next to the silver that could be a problem
best to line it if it's a fruit bowl or if it's a pitcher, well I wouldn't drink out of it, unless it's lined in glass
tarn-x is a little costly too so if you don't soak it in a bowl you could saturate a soft cotton ball and paint it on gently - stuff works fast - wear latex gloves
marniespeaks 10 months ago
Love you Joe, keep up the good work.
LOLcopter333 10 months ago
Question for silverfuturist. I've seen you with other PMs. Do you own any platinum or palladium, or otherwise believe they would be good diversification for silver owners? I have some gold too, but way more silver. I realize platinum or palladium are not known as monetary metals, but wonder your thoughts on whether to own them, given that they are priced very low relative to gold, when compared with how much more rare than gold they both are. Anyone else feel free to respond. Thanks
dmger14 10 months ago
Failed double top at $50...... CNN site home page was the kiss of DEATH for silver.... at least temporarily.
$40 next stop likely.
MrRadBee 10 months ago
Sweet guys they got Osama bin laden:)
needler267 10 months ago
This has been flagged as spam show
That's a mighty fine workshop you have there, maybe you could show us some of your favorite tools.
cupofteas1 10 months ago
Comment removed
cupofteas1 10 months ago
In Poland there is a COPPER mine... silver is just a by-product.
There were silver deposits in England (Romans used them), there are still small ones in Ireland and probably somewhere else too.
grraadd 10 months ago
Yikes a 6$ drop in silver within a few minutes, never seen that before.
Clausewitzz 10 months ago
just dropped to 42.82. what a roller coaster ride... : )
DuvallSilver 10 months ago
Comment removed
greatlakescrow 10 months ago
do you have a job? are you a farmer? Thanks for the videos.
Crow4gold 10 months ago
after watching this I'm remindered of what a fast talker you are :)
BatusaiJack 10 months ago
Hey guys don't wish to spam you or anything, but i just started a blog, i am trading gold and commodities on the market, i am NOT a professional Trader! but on my blog i will share my thoughts before and after trades, i do NOT advise you to make the same trades but i know that some of you guys are better traders and read charts better then me so ONLY if you are interested please visit my blog and comment on my ideas its psychic-dominator . blogspot . com and maybe we will all learn something
just1believer 10 months ago
bitcoinz!!! :)
FreedomAtRisk 10 months ago
Silver coins were named for the valley or "thaler"(pronounced like taller) where the SILVER was mined in Bohemia (now Czech). The word dollar came from this shortening of the name of the valley where mining was done. Fast forward over a millennium, and here we are.
thetimman00 10 months ago
Hey I'm a teacher-- I've bartered 2 hours of chemistry for a sonicare toothbrush.
Double coincidence of wants baby!
horlacsd 10 months ago
I'm addicted to silver. Really. Thanks
milestracy 10 months ago
____________ Join the NEW group SILVER PATRIOTS ______ Search for the video : We Are the Silver Patriots _____ join the fight with us and tell your friends ______we all get together and share information _____We the ppl create the internet buzz _____We have a true leadership _______________________________WE NEED YOU ! •••••••••••••••••••_____Check my channel under favorets for ez access _______________
SilverPatri0tsGeorge 10 months ago
(1) Artificially control the supply of public State-issued Currency, (2) Artificially impose Banking Money as the primary source of funding in the economy, (3) Promote doing everything by Debt and (4) Erect complex channels that allow privatizing profits when the Model is in expansion mode and socialize losses when the model goes into contraction mode. THE PLAN!!
savgal1211 10 months ago
nice. good info
Peace
ajhumour 10 months ago
More cat please.
themagus187 10 months ago
i have an 1889 morgan haha my favorite coin!
jsteel89 10 months ago
i got 10 pounds of aluminum so far and that is a head start.
when i hit $500 worth of Aluminum i buying a order of 1/2 coins. and hopefully i found alot of Junk Silver. :)
davidlee110 10 months ago
when we leave this rock gold will be consumed for electro-magnetic sheilding on spaceships
deadlizard64 10 months ago
best vid in a while
berryjs140 10 months ago
silver and gold is not the solution to monetary problems. I am buying silver as a hedge against the paper dollar, but I know silver and gold can't work as money as the quantity can't be controlled. I agree with Bill Still on the matter, we need a non-debt based money such as the Lincoln Green Back issued directly by the government rather than private banks. Controlled by the people for the people through government. Wihtout government we would have monetary anarchy.
dogbarker1981 10 months ago
@dogbarker1981 It is possible that silver and gold are not the solution to monetary problems. I consider silver and gold to be personal solutions for what is coming at us, I think those who can think for themselves will be rewarded in that regard.
silverfuturist 10 months ago 2
@dogbarker1981 Gold and silver do work as money precisely and only BECAUSE the quantity can't be controlled by man. The control is natural. Mining gold and silver is very arduous and expensive by any measure. That fact alone prevent kings/dictators fiddling with the money supply to enrich themselves and thus provides the only honest money that has ever worked on this planet. Not that gold is perfect. Availability can be manipulated downward, which is true of anything used as money.
ENLIL2000 10 months ago
@ENLIL2000 who controls the quantity is the whole problem, if we go on a gold standard only private interest who hold major supplies of gold will once again have control of the system. The Goldsmiths back in England's history is a good example of this . Once they had control of the gold supply they could manipulate the English economy as they see fit. What would happen if there was no gold available in a country to exchange? What then?
dogbarker1981 10 months ago
@dogbarker1981 Fair point. In the end all monetary problems are political. If manipulation of the money supply is allowed then the society can be manipulated. Rothschild had it totally correct. Gold and silver aren't perfect. They're only better than paper because they are more transparent. The criminals are easier to spot. The society still has to deal with the financial criminals no matter what sort of monetary system they use. Failure to do so means the collapse of the society.
ENLIL2000 10 months ago
do not polish your silver - the tarnish (sulfur) protects the metal
if you find tarnished silver don't be afraid to buy it that's a good way to tell the item has silver. If the tarnish looks green the object probably has more copper
do not polish with a cloth it rubs away some of the silver - leave the tarnish alone unless you want to display or wear it
If you must clean, use the liquid stuff (tarn-x) that will dissolve the tarnish, but don't rub it with a cloth, just let it dry in the air
marniespeaks 10 months ago 10
@marniespeaks Excellent advice! Do not polish your silver!
silverfuturist 10 months ago 3
@marniespeaks
"do not polish your silver - the tarnish (sulfur) protects the metal"
Learned this lesson the hard way. Once you polish it you have to keep on polishing it because the sulfur just adds up even more a few days after you have polished it.
BIGBKELtheGOD 10 months ago
Gold alone is unsuitable as a currency because you cannot easily test the purity of gold below 10 carat, so it's completely impractical to alloy gold below that purity level for coinage, thus you cannot mint gold coins of sufficient quantity for commerce. A second, lower value metal is necessary and silver does and has always fit that bill perfectly. That's the story, plain and simple.
ENLIL2000 10 months ago
@ENLIL2000 Very true before plastics... how about plastic coins that have a small amount of pure gold in them?
silverfuturist 10 months ago
@silverfuturist How long until they debase the plastic coins? For some reason that question leaves me in giggles.
Selling some .999 pure plastic bullion! Email me for prices!
0muffins0 10 months ago
@silverfuturist No. The only practical and inexpensive way for the layman to test a gold coin for purity is the ancient "acid test", with aqua regia - which requires rubbing the edge of the coin on a stone to get a test sample. No way to do that with a tiny amount of gold embedded in some other media - any other media. If you can't test your coins easily you have to rely on the honesty of the mint. We all know where that leads!
ENLIL2000 10 months ago
@ENLIL2000 I disagree. not for the coinage issue but for the currency issue. Gold is suitable in my opinion for currency. if we all deposit it in banks and obtain debit type cards for our stored wealth, it could be done.
Romulan112 10 months ago
What do you do as a career?
Doublejoe321 10 months ago
Gold rarity and durability make it the most sound money backing item.
Buy physical gold and silver for preservation of wealth and brass and lead as insurance.
D33Lux 10 months ago
Awesome looking shop!
tesskansas 10 months ago
Thanks, you're always educational, informative AND comical. Especially love slays including your animal friends too. : )
stchrismusic 10 months ago
@Silverfuturist I know you don't tell folks what to do, and your reply will not be taken that way, BUT:
The general idea seems to be to buy and hold Silver now, then sell it for Gold when it is most advantaged to do so...GOLD seems to be the end result.
...So why not skip buying the Silver now and just go for the Gold now? Because it seems Gold will always be worth more than Silver.
Help Silverfuturist...my brain hurts...LOL
ThisIsRogueLiberty 10 months ago
@ThisIsRogueLiberty I should clarify by saying sell the amount of silver for gold that makes sense, maybe do a portfolio balance as the ratio gets lower. For example: if your goal was 50% gold, 50% silver and you bought when the silver:gold ratio was above 70, your current ratio has changed to 25% gold 75% silver! But don't do this often, the transaction costs are high.
silverfuturist 10 months ago
@silverfuturist ...but strictly speaking, Gold is a better buy than Silver. It's more expensive, but your investment in it compared to Silver is proportionally greater as well.
So technically, Gold is a better buy than Silver. Correct?
That was the main point of my question...and my brain still hurts...LOL
ThisIsRogueLiberty 10 months ago
This has been flagged as spam show
@ThisIsRogueLiberty
1 KILO silver bar in 2008 = £350.00
Same silver bar 2011 = £1150.00 or so
As silver becomes depressed its values is rising....so that kilo bar from 2008
can now buy me a lovely ounce of gold... for 350.00 What a bargain ; )
Precious-Metal-Investment(dot)blogspot(dot)com
PreciousMetalinvest 10 months ago
Silver selloff monday.
asubliminalmessanger 10 months ago
RawdogsTRUTH? :)
pepintheshort100 10 months ago
Krusty is the Star of this Video !!!
Stokjockey 10 months ago
He said he was sharpening the axe up in preparation to eat rocky lol..j/k geeeze
FXNorm 10 months ago
are you a blacksmith or leathersmith or something dude?
trje246 10 months ago
Great video, Silverfuturist. You really made some excellent points about considerations for basing a currency on silver, which is unstable and consumed. I had never considered that idea, so I did learn something. Thanks!
hargieboo 10 months ago
do you think a silver standard is possible
rolficus 10 months ago
Actually, very little silver is used in industry..the proof of that is the fact that corporations could buy all the silver they wanted for under $10 bucks an ounce just 2 years ago..silver is not worth anywhere near $50 an ounce..to say that industrial use is affecting the price in this economy cannot be proven...why even mention it?
FXNorm 10 months ago
@FXNorm w w w.resourceinvestor.c om/News/2009/11/Pages/Silver-Declining-supply-increasing-demand.a spx
silver is worth $50 / oz today because smart people know that what they hold today MUST be consumed tomorrow so trading between now and then is viable. More silver was used than was mined even 2 years ago, now the game is on. Medical advances coming: antibiotics are failing constantly, only silver can replace them long-term.
ytgv3fc7 10 months ago
We thought you said "Chakra the Cat>"!! : }
savgal1211 10 months ago
Silver is also a germicide, so when you passed your silver along it would be sterile. There was less fear of disease spreading with silver. Unlike the rumor of anthrax money scare around the time when the bankers did 9/11.
elucidative 10 months ago
Gold & Silver Jewelery was only invented to prevent theft of their PM while they were sleeping.
USBankruptcy 10 months ago
Don't be intimidated if you had the Bible thumpers bashing the mention of chakras or some other 'devil' religion. Feel free to break out of the barn :)
ford7777777 10 months ago
This has been flagged as spam show
@ford7777777 Hope the demons do not visit you tonight!
mattandpatti222 10 months ago
Hey I thought you only had one gold and silver coin in total! :D
geniusmarketing08 10 months ago
You hit the nail on the head.
tuubydude 10 months ago
I never knew the background behind the "cross of gold" demonetisation speech...thanks for that!
OzClawhammer 10 months ago
if u look back in history emeralds and jade have been currency longer than gold and silver. and for those who dont know the price of diamonds is artificially emeralds are rarer and in many countries theyre worth more
Arkimedes999 10 months ago
I love your videos, but when you are feeding me this much information, you're going to have to slow down, so I can absorb what you are saying...maybe I'm just tired from a long day out, but I couldn't focus because you spoke so, so fast...please slow down just a bit...I love your enthusiasm...thank you for your great vids...
javagator001 10 months ago
What do you make in that shop anyway?
MrPhajlee 10 months ago
looks like a pretty good tooshed you have setup there !
wesleytarbuck 10 months ago
Wow....I REALLY did learn something today. Thank you Joe.
notpcone 10 months ago 2
always learn something from you Joe,Thanks
silverjunky999 10 months ago
____________ Join the NEW group Silver Patriots ______ Search for the video : We Are the Silver Patriots _____ join the fight with us and tell your friends ______we all get together and share information _____We the ppl create the internet buzz _____We have a true leadership _______________________________WE NEED YOU
SilverPatri0tsGeorge 10 months ago
Why not just dump the dollar and replace it with gold and/or silver and not tie it anything?Just count it by weight and call it gold/silver.
eurohim 10 months ago
a lot of info in this vid... tkx joe...
skybirdbird 10 months ago
Is that an axe for cutting off chicken heads?
eurohim 10 months ago
Fascinating! Thanks.... ; )
terilooney 10 months ago
Gold is also used in industry> But not nearly as much as silver. But even though gold is used industrially, is that gold really consumed? Almost all of industrial gold is reclaimed, while only a small fraction of industrial silver is reclaimed. As the silver price goes high more industrial silver will be reclaimed and not "consumed". I think that has to be considered and would be a stabilizing factor in favor of monetizing silver.
greggh 10 months ago
You say silver is consumed. However cannot silver also be recycled? Or perhaps recovered as well?
greatlakescrow 10 months ago
@greatlakescrow Excellent point. We need an industry expert to go over that! But silver becoming an industrial metal changes the properties of a stable supply, even if it can be recycled. During a boom the silver supply shrinks as industrial demand increases, during a recession silver is dumped on the market due to industrial slow down. Given all that, silver is much more stable than creating money out of thin air.
silverfuturist 10 months ago 2
@silverfuturist What do you keep looking at? Watching out for chicken-hawks?
ytgv3fc7 10 months ago
@silverfuturist apparently it is not cost effective to recycle silver because the most effective way to recycle is by using hydrochloric acid (I think, if I can recall).....plus the process is pretty thorough, not to mention you get such a tiny amount out of a TON of recycling....
when silver hits above $100, that may change because it is in everything electronic pretty much...
negadelph 10 months ago
@greatlakescrow most of the silver is used industrially in miniscule amounts and cannot be recovered economically. For instance, there is about 10 cents worth of silver in each cell phone. It would take way more than 10 cents worth of effort to recover it, so it is not recycled. CD's have a couple of microns of silver in each one. Again, not worth the effort to recover. But with silver being in over 10,000 the industrial use adds up.
1thusnelda 10 months ago
@greatlakescrow At $49/oz, its too cheap to recycle efficiently. I've seen expert estimates say that it needs to trade above $100/oz before its actually profitable to recycle.
yuppyguitar1 10 months ago
@greatlakescrow Yes it is recycled, but the rate of recovery is never 100%. It also takes energy to recover industrial silver.
simonty1811 10 months ago
@greatlakescrow Silver can be recycled but the recovery process is a net-energy-sink , adding to the mean price.Simply put at this price, recovery is more expensive than the silver on the market. Plus the recovery proess is always a under unity process - you never get it all back.
florin604 10 months ago
@greatlakescrow poor designs of electronics & alloys has a mixture of silver that is very expensive to recycle & consumer items designed to be thrown out. If the design of such things was using more pure silver so the refining cost is lower, and not embedded in hard to reach places in machines, then it would be faster to remove. This might make the machine itself more cumbersome (your device) but cheaper to recycle (sustaining silver supply).
ytgv3fc7 10 months ago
@greatlakescrow I read somewhere, that silver recycling from garbage landfills costs about $400,- per oz. But that was over a year ago. Maybe due to inflation it's $500,- meanwhile.
toddi1971 10 months ago
MEOW
OurTimeIsOut 10 months ago
Hee Joe, tell us more about your(?) amazing workshop. Who is the blacksmith? Love your vids!
SILVERSPOON999 10 months ago
Very informative, but you should have made it into two videos instead of one, so you wouldn't have had to rush, i.e., speak so fast.
MyNameIsChrisR 10 months ago
@MyNameIsChrisR
Thats how he is.
If you want fast try the Hyper report.
divermike2009 10 months ago
hey another good video and dont let the charkras video get u down bkus your right 1st of all and if it has to do with the truth thats all that matters.............anyway sla marches on!!!!!
jbzy077 10 months ago
As Joe said, copper pennies were representative of money not money in of themselves like gold and silver per the Constitution. Copper is much more common, I think 4% of the Earth's crust, while gold and silver do not even register in the hundredths of a percent. Unless you have a barn to house your copper for industrial purposes, copper is not an efficient store of wealth. Does not mean that some like it, but mike Maloney's book is investing in gold and silver, not gold, silver and copper.
ArgentPur 10 months ago
Is that a zero hedge T-shirt?
kenmorgan1984 10 months ago
what happened to rawdoglet?
thefink68 10 months ago
@thefink68 now called rawdogstruth
silverfuturist 10 months ago
Comment removed
pepintheshort100 10 months ago
@thefink68 he had his period and deleted all his videos because he couldn't handle trolls
therealcraqerjaq 10 months ago
@thefink68 He was abducted by the NWO and now the NWO has created a clone called rawdogstruth which, you'll, notice, is just not the same...
Luiyi385 10 months ago
@pfcwar5150
i learn something new everyday :)
great videos silverfuturist
keep em comming
@silverfuturist
OH YEAH - ur videos's on max keiser's blog/website again :)
metalmadnessTV 10 months ago
Joe, you've got a very well stocked workshop, what do you make in there? Just curious.
ruthheasman 10 months ago
I am only semi-prepared. I left the USSA. Diversified 85% of my money out of the Dollar into physical gold, physical silver, foreign currencies, tools, + foreign stocks. I am so paranoid that I have a contingency plan to leave the country I find myself now in (Northern Europe) in case things get bad. I will be heading towards Switzerland. I must say SF I disagree with you. Copper was real money and continues to show itself as real money as the price of a penny $0.01)pre-1982 continues to go up
msungs 10 months ago
@msungs copper is being driven up by inflation + JP Morgan's ETF intends to abuse that.
The most useful copper, still able to be traded, is in spools of pure copper wire. Next in line is the most common sizes of pipe/fitting. Pennies are useful BUT their value today is that they are valued wrong in fiat value vs copper material value so you can get them cheap like silver dimes in the 60's.
ytgv3fc7 10 months ago
I always learn something,..thats why i subscribed
pfcwar5150 10 months ago
Comment removed
metalmadnessTV 10 months ago
...upon this cross of debt !
artdeco101010 10 months ago
Get ready to grow your own food ASAP. Stock up on short term food (Groceries) long term food (dehydrated foods long term shelf life) and future food growth (non-hybrid seeds). Protect your money (buy gold and silver). Protect your ass (buy a gun and ammo)
Stop watching the train wreck and get prepared. The clock is running out. $6 gas is the instant game changer $7 gas ends the economy!
Non-hybrid seeds watch?v=-IwLEkpd610
Dehydrated foods watch?v=EPZMpMpHAnE
Survival4theFamily 10 months ago
You da man!
PlanetEarthAwakens01 10 months ago
thats some shop, aways wanted to try blacksmithing
pfcwar5150 10 months ago
chakra is science and not religion. I think after seeing how many religions work that many of them disrespect science at large degrees. Money is religion and they refuse to acknowledge the science of what happens with fiat money.
Go silver Go!
endlessmountain 10 months ago
@endlessmountain there's no science, no experiments, no evidence to do with chakras - this is not science, Derek, even if it's infinitely more moral than major religions like christianity. Money is not religion either: money is a function of trade. The power to produce everything life needs, with no help from others, is the power to have no money. For all else there is money, so that you must live amongst other humans as you can not provide for yourself. ONLY that is money, not paper.
ytgv3fc7 10 months ago
@endlessmountain You know why "animals" don't "need money" Derek? Because their evolving abilities to withstand nature & feed directly from it are so much more capable than humans that trade is not required for survival. In our technological prowess we as humans have become biologically weak to disease & overpopulated for what nature can give us. Had we evolved more biologically than technologically this would not be so & we'd need less money - or none.
ytgv3fc7 10 months ago