CHINA GOLD IMPORTS JUMP! 500%

[DKshad0w]

Importing gold is an act of aggression! The US demand this cease at once.

[jhchao11]

Hi VictoryIndependence, thank you for posting these great vids. I don't know a lot about economics but I'm learning.

I was wondering if I could trouble you with something.

Do you recommend buying silver coins? If yes, where do you recommend I buy them from?

Thank you so much!

[visionvictory]

@jhchao11 Silver bullion rounds or coins, check out the inflation. us bullion dealer review.

[Mr7laws]

Protecting yourself becomes profitable when the masses don't protect themselves.

[visionvictory]

@Mr7laws Good point

[silverfuturist]

Great point, gold is for protection, silver is for hitting out of the park!

[slobomotion]

I am enjoying asking my Chinese students about stuff.

[rockstar728]

@slobomotion what are some of the things they say?

[slobomotion]

@rockstar728 Please start with my videos, CHINA REPO and I OWN YOU NOW but there are more up of me talking to the students, many of whom are Chinese. I just promise not to show their faces, and they speak very softly, but you can hear me responding to them. They do like having their voices recorded. I do CUTECATFAITH and SLOBOMOTION on YouTube and on Dailymotion, I am "LisaFalour." Just got back from a week away, sorry to be so rushed!

[mja2035]

Unemployment up to 9.8. The next generation will be slaves for the Chinese.

[melliness123]

But some say (Nicole Foss-The Automatic Earth) we will have huge deflation first as economies and industries slow down during the coming depression as in 1930's land, homes ect get very cheap IF you had the money to buy them which most did not! ???

[bunsh1ch1]

@melliness123 This time we will skip over the deflation as along as the Fed continues to contain the deflation. Taking toxic debt away from the banks and putting it on their own balance sheet (out of sight out of mind) is working nicely along with keeping houses off the market.

[americanbandwidth]

WW3 has started, this is exactly the way WW2 started, only this time The USA has the lead role of Germany.

Invading other countries, Violating it's citizens, Printing money, singling out a race of people, Nationalizing..Car companies, banks, insurance, transportation et cetra, Making rules for the Government officials that are above the public, National Police(TSA), Et Cetra.

[judutchinski]

Victory knows his shit. And a few others. But it's funny how you tube has turned the average chump into an investor. What a recipe for disaster. lololololool

[TrunkMonkey3000]

Speaking of trash, the bls will be reporting unemployment data...

So true... Sad...

[Austacker]

So Asians have a brain and see what's coming, not under the thumb of a laughably corrupt media.

Kudos to them.

Got Gold? Got Silver?

[Dariuszdavi]

@Austacker chinas still fucked with all the us bonds

[bennmug]

China is becoming the next empire while all these currency wars are going on, and gold will become the currency of the world.

[medini2]

gov. purdue in nc announced she plans to cut thousands of state jobs and double the tax on gasoline. the state is broke. how does a state go broke so damned fast?

i don't get it.

[Djelomou]

@medini2 nothing fast about it...it has been broke for a while. They serve you the cool aid until the last moment. Many people are going to wake up when the economy will crash and ask: how did this happen lol ?

[kevreilly7]

Vision Victory, NIA,CSL, Victory Independance--Darn, you got more company names than a Mafia bucket shop---LOL

[bossduff]

Thanks Daniel. Thanks also for the chance with the NIA stock picks, just can't swing the fees this time around, I'm hoping for things to get a little better for me maybe in a few months. Take care

[fortherichbytherich]

this slow death sucks vision do you think down the road things will be as bad as the movie "THE ROAD" I think it could but not for years

[4casme]

@fortherichbytherich

Do you mean "The Road Warrior"?

[fasteddie847]

Holy Shit!! I went to skyline chili last night and a 4-way chili with onions was like 8$. God Damn!! 8 fucking dollars???? It never used to be that high!!!!!

[kevreilly7]

@fasteddie847 Where????---What price was it about a year ago???---just an idea, I keep a log with date, item, quantity(important), and of course, price --I noticed a 25% increase in Jarlsberg Cheese in 5 months

[magbigblock]

@fasteddie847 I've been noticing things like that as well, such as Wendy's in my town. A combo lunch-meal that used to be low $4 something is now way over $6. This happened in the last 6 months. Taco Bell has doubled on a lot of their items. Bothersome to me is (the gagged or idiots) on main stream news, they're beginning to talk about commodities rising sharply.

[erushbass]

@fasteddie847 Bought a double whopper with cheese meal yesterday, havent bought one for a while.

Cost - £7.09! I nearly fell out my car.

@ current exchange rate = $11.06!!

[angelmtza]

@erushbass got fries and soda with that? LOL XD

[magbigblock]

Daniel, as always I appreciate the effort and time you've put into educating people. You will most likely find yourself rich after this "transformation" of the world. I'm just glad I got into metals when I did. :)

[thereallurker]

Actually, palladium has done better than silver or gold.

[DoYouThinkForUrselF]

@thereallurker you can't buy anything with a stock if the shit hits the fan. Physical silver or gold may have some value if the currencies are worth nothing. BUT FOOD WILL BE KING. Everyone gets excited ooooo 500 dollar silver 10000 dollar gold buy buy buy. If that happen it would mean economic chaos in such a mass level it would shut society down. Who can afford 20 dollar a gallon gas to transport your food to you. Inflation will be a biatch. People don't see it coming though.

[thereallurker]

@DoYouThinkForUrselF Food's going to valuable but not for the reasons commonly stated. So I'm working on land purchase. Row crops will be farmed on the land. Personally, I think we should back our currency with soybeans, but no one in New York would agree with me on that.

[BMWg84]

when the gov. finally acknowledges inflation imagine where silver prices will be!!!

[BMWg84]

when the gov. finally acknowledges inflation imagine where silver prices will be!!!

[karenbcz22]

"Gold is for protection; Silver you're gonna hit outta the park" ...

Uh?

Didn't get your analogy about Silver.

[waypastprime]

@karenbcz22 You will soon! :) Just buy it. You will be declared a genius with a modest investment... but time is running short. It will explode in a very very fast pace. What harm will it do you to buy some???

[gwapolaub]

@karenbcz22 There is greater upside potential than with Gold.

[magbigblock]

@karenbcz22 I felt compelled to reply...I'm fairly new with all this metal stuff, but before I bought some silver in Feb '09, I did some research on it. Silver is used in about every electronic item you can think of. Plus, it has medicinal qualities in killing bacteria. There are bandaids with silver in it to kill bacteria. Silver is not only a precious metal, but it has huge industrial demands...and it gets used up. Gone every time that bandaid or computer part is thrown away.

[MathewsWire]

If it moves even towards 20%, gold will be at five grand per.  OMG

[MathewsWire]

My Uncle told me yesterday prices went up at all Aldi food stores. 5%-38% per item. One item we use regularly went from $1.98ea. to 2.95ea. Luckily I bought 48 2wks ago.

[NicosMind]

So wait! You fancy gold over silver? I thought silver had a lot more to travel than gold, seeing as the supply has dried up and that gold is hardly used for anything other than a store of value :S

[visionvictory]

@NicosMind- It does, silver is a better investment than gold, but I still like gold too.

[NicosMind]

@visionvictory Cool i thought so. I guess if and when gold is used to back currencies its value will jump up with that, but im hoping they will use silver too. Have you heard Wikileaks are gonna be releasing documents on a corrupt US bank? Could be any bank with that description but if its JPM imagine how much precious metals will jump! watch?v=W5FuHS9J_y0

[STOPPUCKNOW]

im about half way threw the creature from jekal island and I must say so far it is the best book ever written...

[visionvictory]

@STOPPUCKNOW Best book I've ever read.

[NovusChaoMundi]

What else is China going to buy with its US dollars before it becomes toilet paper?

[mikebius]

Daniel: So how much "profit" do you think we might make in gold? For instance, let's say you bought at $1,000 (which is $1300 less than the inflation adjusted high) and it goes to $6,000..... A lot of that $5,000 will be just inflation. Might it be fair to say that, in this scenario, the "profit" is around $1300 and the balance is just 'protection' as it holds its value during hyperinflation, with prices for everyday living expenses also doubling?

[visionvictory]

@mikebius Inflation will bring the price up, but after this fiat crisis I believe gold will be restored as a safe haven. Their will be a new permanent demand that we haven't seen since pre-1980.

[neemz2000]

@mikebius It's not about "profit", it's about not being wiped out like everyone else.

Even if you only save say 20% of your wealth from destruction, that's a far better position to be in that someone who's lost 100%.

[dunneoh]

it must be all that gold the Chinese government was buying

[neemz2000]

500%, hells bells.

Even describing that as a major change sounds like an understatement.

[DeathOfTheDollar2010]

FuckJPMorgan .  com

[TeMpTeK1]

I cant deny nor confirm this .....But spoke to my metals broker.. he said China has ordered 1500 tons of gold for immediate delivery..

[aaronbasile]

I absolutely did not believe it when I first heard you say 500%. I checked it, and it was right there on Bloomberg... 209 tonnes in the last 10 months over 45 all of 2009.

[chena3]

china gold imports

up 500 %

my rice holdings

up 700 %

long silver

up the wazoo...

take care

[visionvictory]

@chena3 Love it :)