In Hawaii - Get to the gold or silver before the rich do.

[maisecret1]

hey hey hey its andrew here got the 2009 date in hawaii, wow we got heaps of gold and sliver here buried deep inside our family home , its an endless seam of gold and silver and diamonds

[Robbob9933]

To hell with the wealthy when they need gold and silver, let them eat their paper, oops most of their wealth is in electronic form now. Funny how the woken up folks may supplant Gates, Jobs, and the like in true purchasing power in a couple years.

[cjellwood]

So you want to go back to the old testament where we all trade gold etc? Who gets paid benefits when there is no queeny gift vouchers?

[davincij15]

@cjellwood

No.  I want a free money standard where money is a free market item that anyone can create and use of their own free will.

[JTPNYC95]

Makes alot of sense.

[shtonker8]

Aloha,

This idea of gold and silver as currency in Hawai'i is a haole one. I may be wrong the Kingdom of Hawai'i might have gone to gold to back up the Hawaiian Kala.?.? Too, if the dollar collapses as some Economists predict paper money will be worthless, see Zimbabwe, better we in Hawai'i start thinking what the Kupuna would have done. Grow food, learn a trade for barter, learn to fish better, learn how to heal...Hawaiian and Haole. Hiki no!

[dodododa]

Gold and silver is only actually used for jewelery. I don't think many people will be buying jewelery during the depression.

[davincij15]

Do some more research and you will see that is an incorrect assumption.

75% of all gold in deliverable form is held by central banks. Why not oil, why not food, even silver has more uses. Why? because in all times and all places except the minds of north Americans GOLD IS MONEY.

Do some research and enlighten your self and increase your wealth or stay ignorant and struggle. The choice is yours.

[mallamoozoo]

Um - and the 1.6 tonnes used in each nuclear reactor!

[joediesel187]

google:the obama deception

[sinitskyd]

Nice shirt...

[tinafiedler1]

glad you're in Hawaii- you and your family deserve a good vacation.  Love your kids!!

[genupe9]

Ted Butler, who is on the HIGH end, suggests that there could be 1 billion oz of available silver above ground. Now, this available number counts the silver that YOU are holding!!! Is your silver AVAILABLE? LOL!!!!??? One BILLION ounces? Heck, 20 billion paper trash dollars would, in theory, buy all of the silver available. They give bankrupt companies like AIG that kind of trash..oops, cash all the time, huh? :) Folks, this is a quadrillion dollar problem. Stay tuned...

[genupe9]

USGS Frequently Asked Questions

Question: How much silver has been found in the world?

Answer:

1,740,000 metric tons of silver discovered to date. All the silver discovered thus far would fit in a cube 55 meters on a side.

[formulaprimer]

It is getting so hard to lift hundreds of pounds of silver. The only manual labor I like !!! I agree the rich are already asking for silver and gold. I'm now stocking up on whiskey from the advice of nonkelroge and Peter Schiff. My average cost per 1.75 Liter bottle of whiskey is running $29 US. I would appreciate some advice.

[tonapah141]

Beijing wants Clinton back over there again, on her hands & knees w/ her knee-pads to ...ha..ha..LoL.

[tonapah141]

BEIJING -Chinese premier Wen Jiabao expressed concern Friday about the safety of Chinas $1 trillion investment in American government debt, and urged the Obama administration to provide assurances its investment would keep value in face of a global financial crisis.

Speaking at news conference at the Chinese parliaments annual session, Mr. Wen said he was worried about Chinas holdings of Treasury bonds and other debt, and that China was watching United States economic developments closely.

[keithholden]

I heard?? hillary clinton has promised to give china all the foreclosed houses if they default.. Then the usa can burn them all down. and dig up the dirt and move it. Then use the land for the waste garbage of chinese goods that brake down.

[motret69]

2 weeks ago you said stay away from gold???????????? so wich is it??? comex didnt default like you said it was, and the bond market didnt implode in february like you said it was!

[drutter]

BANG!!!!! financialhippie nailed it!

check out his final video to youtube before he ended his account - his entry for the silver contest. It's really, really good, I had to favourite it. I think he should win!

He doesn't accept comments on his videos so I can't even tell him how awesome it was.

[genupe9]

Good point. I already know the answers to the questions I'm asking. But for grins - I ask each of you to determine the quantity of silver that exists and how many millionnaires there are in the world. When they realize their paper is worthless, it wil be like putting lake michigan into your backyard swimming pool. This will be something.. a reassignment of wealth per say that the world can't imagine right now. Can you? If so, would you REALLY trade your silver for ANY fiat currency?

[tradergee1]

True there is only 1 to 1.5 trillion in Silver above ground. Smaller than the national deficit!

[JRCrowley]

Thanks again DaVinci! Have a great holiday!

[Dakarah777]

Have a great time in Hawaii.

[nibelungensohn]

nice shirt

[drutter]

If you don't have physical silver on your property right now, you are poor. Anyone viewing and commenting on these videos better have put their mouth where their money is and actually own real silver. If you don't, your money is supporting the bankers and we're all ashamed of you.

[nedbeaty72]

I think the opposite. I think you will need the dollars in the future, and since they amount of dollars in the world is decreasing you will get less of them for silver and gold. Gold may have been currency once, but I don't see many shops out there that have prices set in silver or gold dude, you need cash to buy shit!!!

[davincij15]

Show me a chart where dollars in circulation decreased since 1971. That's right there is none.

Who is in charge of the printing press?

Helicopter Ben.

Why are people calling him that?

He said deflation will never happen here he will drop money from helicopters if he has to.

Ops.

Got gold?

[nedbeaty72]

Printing press is only part of the story, credit is an even larger part of the aggregate money supply caused by the fractional reserve system. Ben thinks he can cause inflation, but he can't because it is demand for credit has a much bigger impact on the money supply than base money, during the de-leveraging the money supply is reduced and hence deflation. He would need 50 times the number of helicopters he thinks he does to have an impact!!

[davincij15]

Dude if the rules where followed and there was on such thing as to big to fail, I would agree with you. However the banks are getting the money back from bad loads from the Fed and the Government.

If we could have liquidation of those big banks, man prices of everything would fall though the floor. But even in that event gold would sky rocket because of panic safe haven buying as money market accounts went to zero and everything over the FDIC limit was wiped out.

[davincij15]

Show me one chart where that is true. Show me the data. The federal reserve data showing a doubling in money supply since September could be incorrect and where they show an increase of money supply they made a mistake.

It's a valid hypothesis however no one has made such a statement, are you saying that now?

Keep in mind that when dollars disappears the government debt becomes more expensive, could you imagine 20% interest on 11 trillion?

[puapake]

The amount of dollars in the money supply has gone up exponentially! Deflation happens when bank loans disappear due to defaults, the loans are wiped clean from the banks' book entries, and their assets are wiped out. Same as money disappearing. A deposit is viewed as a liability to your bank because they owe it back to you eventually. Read Mike Maloneys' book for more info. The USD is worth 1% of it's original value, but gold and silver will be absolutely immune from inflation.

[nedbeaty72]

Yes I agree that Ben has been printing hard, but not hard enough to achieve what he wants. There is a rush to gold and silver and I have some, but intend to get rid at the top of the mania (when I see reports on the main stream media recommending precious metals I will sell!!). The prevailing debt-deflation environment will be a disaster for gold and cash will be a bigger king than now. Check out a video called 'The Hyperinflation Myth' which explains my side of the situation quite well.

[davincij15]

Hyperinflation is not impossible it's the loss in confidence of the currency. In fact it's what happened to every paper currency in history. What makes you think that "this time it's different".

How do you think that JP Morgan will get 100 trillion to pay out it's derivatives? Or do you think it will just go bankrupt and not have to pay? LOL

[Eraser7622]

Dude, that hyperinflation piece is very, very weak. We can not have deflation in the US under these circumstances because the more our assets fall in price, the more hedge funds de-leverage, the more foreign reserves sell dollars to compensate the money supply. I just don't see it happening or if so, very short and shallow, whereas hyperinflation (or at least substantial and persistent inflation) is much more likely.

[nedbeaty72]

davinci, When I see my local stores accepting a piece of metal at spot for goods I will agree that people have lost faith in currency. The US may loose it's reserve status but I still don't see PM's replacing it.

Eraser, deleveraging is deflation. You are taking money out of the economy and putting it back in a bank. Unless there is someone prepared to borrow it again there is less money in circulation. The total supply of money has decreased. That is the definition of deflation.

[kryogenikz]

Davinci !!! Good stuff...Lets rob the wealthy for once!! They have been taking from us for years ..our turn now!! HA HA

[pomnew]

I wish you and your family are having a wonderful time. Thanks for taking care of us even when you are on vacation.

Blessings.

[dontblamethemessenge]

in a few years, i will take out 1 gram of gold out of my stock, and i will go on a three weeks holiday to Hawaii. One of my dreams.

[Crow4gold]

Thanks for your videos. They are very informative...

[clayvessel]

Have a great time in Hawaii-- if you have a chance --get to Kauai--it is fabulous!

[donharlan1]

Good point, Davinci. When hyper-inflation begins, the rich will want to protect their wealth. The question right now is when will that occur and will we have deflation first? For those of us who still have a job, the best thing to do is average in.

[Eraser7622]

Won't have deflation first.. not possible given our situation of the greenback being the world reserve currency coupled with the Fed having already blown their wad with rates at zero. Thus, no way to reign in the money in circulation (sanitize in econ speak) and no way to stop back flow of dollars from foreign reserves. Double wammy! Look out, seriously. Buy gold and silver today, not tomorrow. Do it and be regretful only that you didn't buy more when you had the chance.

[donharlan1]

Unless the "back flow" of dollars goes into the hands of the consumer, how can their be inflation?

[hrosemd]

Book em' Danno!

[clearasvodka]

Hawaii Five-O !!!!

[Raycheetah]

Nice Alohawear, dude! Did you buy that coin there, or did you have to get it past customs and security?

Guessing you're on O'ahu. If you have two weeks, might make the time to visit the Big Island, at least, get the "touristy" stuff outta your system, and see some truly beautlful country. Kauai and Maui are nice, too.

Aloha! A hui hou! =^[.]^=

[btbking]

the kid XD

[Stealth0031]

Have fun surfing on those gold and silver bars!

[becauseicare2]

I'm sorry can you tell me where you are again Davinci...I didn't hear you the first 5 times you rubbed it in that you are in Hawaii!! LOL!! Chris from Michigan, where it is a balmy 25 degrees.

[suki2011]

Hey davincij15do a video on the beach that would be cool!!

[blessone48021]

Where do I buy this gold you talking about. Please let me know.

[aarythmic]

If you have a USA address, check out APMEXdotCOM. Study their terms-conditions carefully before ordering. Also note if a product is in stock or back-ordered. Research the pros-cons of each product, and choose what's best for your situation, (e.g., budget, recognition, resale). If you are just starting a collection on a small budget, I recommend American Silver Eagles, if in stock. There is a stiff premium on them, (price over "spot"), but, for Americans, they have advantages over other silvers.

[Powdermonkey99]

Hes got his Gold with him  - in Hawaii

LOL

[ds4081]

If you have money and a stable job, now is a great time to go to Hawaii or other places cheaply.

[turboredcart]

uncanny. I have more gold/silver then the rich do. :-)

Believe me- my stack isnt very heavy.  But Oh man...it does feel good.

[chrisbeer]

i was just in waikiki a few months ago. Kid sounds super cute

[janien37]

Hawaii!!!! Yaaaay! Good times!!!!!!!!!! I hope you and your family are having a great time! :o)

[SAHARA1155]

Daddyy....Daddyyy...Daddyyy...­....LMAO

[DavidAKZ]

Bring back your kid ! (please)

[drutter]

lol! J posting from Hawaii! :D

this episode is definitely going on the "best of" disc when it comes out! instant classic!

[linux23dragon2008]

Yea the rich are always last to step into the party. Soo true

[stshell]

thanks for your thoughts. have a great time!!

[PlatinumGordon]

The metals are real money also, the government can not start pringint gold. Good vid update. Thanks

[BazzleDog]

Heck, I might go on a holiday to Hawaii, seems like everyone else is there what's a name of a good resort?

[lokir]

Have a great holiday Davincij

[justjacqueline2004]

Anyone have a retailer of Gold in the UK.

[dvnwnd07]

Enjoy hawaii

[tyronebiggums3]

I'm on Kauai right now. Poipu area. Went to Waimea Brewpub for dinner tonight; ordered at 7:30, had nothing in 8:45, and left. Very pathetic. Tomorrow it'll be Duke's over in Lihue.

[stellaconcepts]

love the shirt ;)

[Jasper50]

Your in Hawaii?!  I live on Maui. The state uspsa pistol match is going to be on Maui this year on March 14 and 15. Stop by for a quick look if you can. It will be at Ukumehame shooting range just past the pali going towards Lahaina. You will need eye and ear protection to watch. Take care and have fun;)

[POSSUMTOHIDE]

Paper money is fiat money. The only real value is in gold and silver. Thank you for the video.

[bunkermunk]

sounds like your kid is having fun in Hawaii too!

[motret69]

2 weeks ago you said to stay away from gold?????????????? the comex didnt default and the bond market didnt implode!!????? should be more careful about making predictions of that magnitude!!