The $20 loaf of bread analogy example doesn't hold water and here's why. Two guys have $100,000. One puts it in the bank, the other buys 2500 oz's silver @40, In 5 years, the dollar tanks and is devalued by 90%. The guy with the money in the bank now has $10,000. The guy with 2500 oz's of silver @ the then current price of $1000 an oz has $2,500,000, traded in @ 10-1 for $250,000 of new currency. Which guy do you want to be? It's a real no-brainer, isn't it.
Extinct? I hardly think so...as the price goes up - silver will start coming out of the woodwork, just like it did when the Hunt brothers tried to buy it all back in the 80's. Go get grandma's silverware.
90% of all silver ever mined is in a landfill. Growth in the technology sector will cause a ten fold demand in silver. The math does not lie, we are going to see silver rise beyond any expectation and those holding bullion will see their stars change.
Help me out here... if and when gold & silver take this "Leap of unheard of value.. what then do you do with it..? sell it back for what..? dollars & euros etc. that now have no value..?? pay my rent with it..? why would I do that if the rental dollar is no longer a trading tool... ? I am really lost as to what and how to use my little stash of these metals as far as living my life.. Does my question make any sense or am i as much of a moron as I think I am..
@OLDERBLUE I would use your currency for living but invest in metals (as in buy the metals with any surplus cash you have). Currency can fall, but assets (like certain metals, etc) will always hold value (or increase in value if currency falls).
You have to make your own plan of action. Take advantage of the fact that silver prices a suppressed. There are 3 considerations when buying silver for the future:
1. Sell some while prices are increasing as a hedge against inflation.
2. Sell some when the market has totally collapsed for big items like houses, cars and boats, etc.
3. Hold some until long after the depression because silver is never coming back down. this is the only time we can afford it.
@OLDERBLUE No you are not a moron for questioning anything. The moron goes along with anything they are told. This is just what I'm doing. Traditionally silver had a 1:12 ratio with gold. Now if gold was to be at it 's1980 inflation adjusted price it would be $2400. That would put silver at $200 an ounce. Historically 1000 Oz of silver would buy a house. So if you can accum silver now you may in 10 years have a mortgage free house for life. There is alot more to it but hope this helps you.
The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value
It depends on what inflation is like at that time. If a loaf of bread goes up to $20.00, $1000.00 worth of silver does not sound as good as it does now.
You guys are talking about nickels and dimes. Buy it and hold it for a longer period. Silver is being used up. There will be a massive shortage as industry has been using up stockpiles for years. $13.50? Try ten times that. Easily. Gold preserves wealth, but silver can make you rich.
Don't you think there is going to be a big push down by the shorts right now on Silver and Gold. I've been told to get out of my longs and possibly short it until it gets to 13.50.
You could have made $70,000 in this gold move in the past YEAR starting with only $2k - $3k. If not more. Don't sleep on GOLD
Math4GReignEnt 5 months ago
Silver is a precious metal but I cant find their sources about "extinction"
Sounds like a pump and dump scheme.
drosas85 6 months ago
The $20 loaf of bread analogy example doesn't hold water and here's why. Two guys have $100,000. One puts it in the bank, the other buys 2500 oz's silver @40, In 5 years, the dollar tanks and is devalued by 90%. The guy with the money in the bank now has $10,000. The guy with 2500 oz's of silver @ the then current price of $1000 an oz has $2,500,000, traded in @ 10-1 for $250,000 of new currency. Which guy do you want to be? It's a real no-brainer, isn't it.
riffmaster56 7 months ago
Hard to beat gold for investment.
Doctoratkins 7 months ago
Please cite your USGS source. Its nowhere else to be found but here.
mik3TV 11 months ago
Extinct? I hardly think so...as the price goes up - silver will start coming out of the woodwork, just like it did when the Hunt brothers tried to buy it all back in the 80's. Go get grandma's silverware.
GRdeveny 1 year ago
Ok, but when a prime is extinct, even is value is extinct. It's considered non existant, right?
evadidio 1 year ago
I'm a silver bull, but this quote "extinct by 2020" is complete BS. The USGS never made any such claim.
Don't believe me? Post a link to this USGS quote....
osbornej76 1 year ago
@osbornej76 history tells us that when a thing is extinct, man searches for substitutes...
evadidio 1 year ago
90% of all silver ever mined is in a landfill. Growth in the technology sector will cause a ten fold demand in silver. The math does not lie, we are going to see silver rise beyond any expectation and those holding bullion will see their stars change.
SilverEconomics 1 year ago
Watch: "Investor Watch" for expert advice on gold and commodity investing. You can find Investor Watch on EvenKeelMedia 's channel
EvenKeelMedia 1 year ago
Help me out here... if and when gold & silver take this "Leap of unheard of value.. what then do you do with it..? sell it back for what..? dollars & euros etc. that now have no value..?? pay my rent with it..? why would I do that if the rental dollar is no longer a trading tool... ? I am really lost as to what and how to use my little stash of these metals as far as living my life.. Does my question make any sense or am i as much of a moron as I think I am..
OLDERBLUE 1 year ago
@OLDERBLUE I would use your currency for living but invest in metals (as in buy the metals with any surplus cash you have). Currency can fall, but assets (like certain metals, etc) will always hold value (or increase in value if currency falls).
cuckingfuntshit 1 year ago
@OLDERBLUE: Good question!!!
You have to make your own plan of action. Take advantage of the fact that silver prices a suppressed. There are 3 considerations when buying silver for the future:
1. Sell some while prices are increasing as a hedge against inflation.
2. Sell some when the market has totally collapsed for big items like houses, cars and boats, etc.
3. Hold some until long after the depression because silver is never coming back down. this is the only time we can afford it.
PremierLegend 1 year ago
@OLDERBLUE No you are not a moron for questioning anything. The moron goes along with anything they are told. This is just what I'm doing. Traditionally silver had a 1:12 ratio with gold. Now if gold was to be at it 's1980 inflation adjusted price it would be $2400. That would put silver at $200 an ounce. Historically 1000 Oz of silver would buy a house. So if you can accum silver now you may in 10 years have a mortgage free house for life. There is alot more to it but hope this helps you.
Kontaktt 1 year ago
vid is almost a year old, wish utube would move these oldes so the newer ones would appear at the top...
no collapse yet, nothing coming in the next couple months
cds162 1 year ago
This has been flagged as spam show
The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value
Heidelager 1 year ago
rhodium actually crashed from 10000 to 2000
flagship21 2 years ago
"If gold dissapeared from the planet tommorrow,life would still go on, if that were the case with silver, life would not go on."
Glsfutrs 2 years ago
@Glsfutrs hahhahahhahahhahahahhahahahhahahah
flaviusoad 1 year ago
@Glsfutrs idiot
flaviusoad 1 year ago
I can't wait for silver to go up to $1000 an ounce, it will be a glorious day for those who prepared.
a230845 2 years ago 4
It depends on what inflation is like at that time. If a loaf of bread goes up to $20.00, $1000.00 worth of silver does not sound as good as it does now.
MORCOPOLO0817 2 years ago
@MORCOPOLO0817
except if you have that ounce of silver, you will be able to buy that 20$ loaf of bread......
go buy and hold...
cds162 1 year ago
The German mark or the dollar you make the call.
golfprobro4eagles 2 years ago
Jan. 1923 Silver 23,277 Gold 372,447
May. 1923 Silver 44,397 Gold 710,355
June 5, 1923 Silver 80,953 Gold 1,295,256
July 3, 1923 Silver 207,239 Gold 3,315,831
Aug. 7, 1923 Silver 4,273,874 Gold 68,382,000
golfprobro4eagles 2 years ago
Jan. 1922 Silver 249 Gold 3,976
May. 1922 Silver 375 Gold 6,012
Sept. 1922 Silver 1899 Gold 30,381
golfprobro4eagles 2 years ago
Sept. 1921 Silver 80 Gold 2,175
golfprobro4eagles 2 years ago
Over the past few months I've bought about 9 troy pounds.
Lots of Eagles, boxes of 1 oz bars, some 10 oz bars, and quite a few old (and very nice) Morgan and Peace dollars.
APMEX is a great place to order your silver,
I hope these guys are right. By then I'll be swimming in silver.
davematherly 2 years ago
Today, 17.50 per once
Hendo1974 2 years ago
Seems to good to be true! I've got a little bit but this video makes me want to put everything in silver!
Vertedism 2 years ago
You guys are talking about nickels and dimes. Buy it and hold it for a longer period. Silver is being used up. There will be a massive shortage as industry has been using up stockpiles for years. $13.50? Try ten times that. Easily. Gold preserves wealth, but silver can make you rich.
lukemagers 2 years ago 8
Silvers at $13.42 today.
helpendthefed 2 years ago
Don't you think there is going to be a big push down by the shorts right now on Silver and Gold. I've been told to get out of my longs and possibly short it until it gets to 13.50.
PorscheB06 2 years ago
Maybe the periodic table of elements will be amended to include to include a now extinct metal referred to as "unobtainium".
Frequencitee 2 years ago 10
I heard a rumour that that found a huge deposit it Western Australia!
DirtyHarry000 2 years ago
I love silver!!!
Excidium567 2 years ago 3
Great info. Thx
NewAmericanOrder 2 years ago
Looks like I'm the first person to view and rate this video, nice. Price of Silver = $15.82.
samsterlok 2 years ago