economic collapse ( must see ) silver vs cash

[brandonholsey]

Amen. Thanks for sharing.

[aktienanleihen1]

50.000 USD per ounce of Gold and 500 USD per ounce of silver - coming soon.

[bigsashgotcash22]

Very clever example of what's going on with the dollar (and other fiat currencies)!

[cookiecrispfiend666]

I'm going to share this video. You have encouraged me to buy precious metals

[nsakic]

Well said and a very good analogy!

[MANDITO320]

I just bought 5g of gold and 2 oz of silver for $398 including $19s&h from apmex I know they made money from this around 4 bucks per gram. Btw it was my first time buying metals. Where do you buy silver/gold?

[JanRichardus]

Dont waste your time preaching and teaching ignorant idiots. I am with you: load up on silver. Keep stacking brother.

[lowpross11]

Good way to get the point across...

Get rid of all that "paper cash" on that table, buy silver!

Keep Stacking!!

Lawrence

[AdamantFlame]

when they say silver is down 95 cents i say your money is down 95%

[MrMick73]

LoL at Gods Money. Thers no friggen God. Why do people crap on about god. I bet you cant even define what GOD is.

[borderraven]

You are wise to focus on Silver, during the Iran Hostage Crisis, Gold and Platinum went up 3x or 5x, I forget, but more Silver was traded increasing it's value by 5x or 7x.

Yes, buy Silver, but also a percentage in Gold and Platinum.

I bought 2 1oz Pl coins in 1989 @ about $400 ea and sold in April 2010 @ over $1600 ea.

I also sold 15 oz Silver.

kitco*com for daily chart price.

Don't sell by mail.

Sell at reputable coin, jewelry shop or currency exchange.

[b2flyer1]

I LIKE your common sense approach.I hope Americans pull away from sports,and reality shows to see what begining to unfold in this country.

[watchherenow]

Great video for those who don't get it...

[Theshamus001]

Great video! Funny too about the trees & houses! but I got one question...... who's taking a piss in the background, and damn.... how much did they drink!!??

[Otzmatron]

What a cool video and I love your accent.

[jimGTP302]

nice video. dude what do you have 12k doing just sitting at your house, that needs to be turned into metals!! BTW try almond milk, surprisingly good and good better for you then cows milk.

[beaverbox]

good video and gr8 info for all them sleeping sheeple

but just aware of that fake silver and gold only buy from reputable gold n silver dealers

peace to you bother

[Rico8458]

God bless you because you have real hard assets money. you are a rich man.

[candon1972]

We don´t like Low fat milk, it´s just like water... Fed can keep the water.. Buy gold and silver!..

[billermiller11]

For the record, Milk is horrible for you! Especially with all the hormones, anti-biotics and traqulizers that is in it. I know it's off subject but all bets on AG for me as well. Cheers

[hathigmonorow]

Great video! I totally agree with you, when you realize what silver is (real money) it's hard not to buy it! I'm from Canada and I love the US Constitution. I think it's one of the most important documents ever written. Patriots, please take your country back from these vermin and we will do everything to help from the north!

[mcrfuse]

Think about it this way. During WW2 when the Nazi party started gaining more and more power and the people decided to flee what did they bring with them?

1.) Clothes 2.) A little food 3.) Gold 4.) silver and 5.) Diamonds. Why because Hitler was taking all the precious medals, and they knew it had value over the paper money they had. It was all so light and liquid.

[HyperInflationNation]

This is an excellent way to explain monetization of debt/QE! Good job!

[vross18]

wow 39.41 an ounce and getting higher

[KevinTantillo]

someones rich

[blackboy9573]

great fucking video

[jewls323]

were do you work at and can i get a job,

[scidhumouse]

It's called taxation without representation.

[pookypoo77]

micollision! i love this video! ive been studying silver as a newbie , will be a year this fall now and must say... this is my favorite quick down and dirty representation of what is exactly going on! i still come back to this for a sanity check and send to folks i know

[jettlesschan]

hell yes.silver

[mich65ek2]

What if the dollar do collapse, 1 dollar worths only 2 cents of value and for all

of us the silver hoarders, does'nt matter the silver price going up or not , it just

won't do a jack shit! Think about it, if a dollar does worth only 2 cents and spot

goes up to $500 per oz, we are only getting 10 dollars back if we sell it.

The reality is : dollar will never collapse and silver will remain as same as it

ever was at round about $17.00~18.50/oz for long long time....

[Torgo1969]

@mich65ek2 Those of us with fixed dollar-denominated debts will be able to settle them with ease if such a situation arises. Also, from my reading of other historical episodes of hyperinflation, prices of other assets such as real estate and stocks may plummet temporarily, and those of us with PMs will be able to "buy when there is blood in the streets" and prosper greatly after a "new normal" is established. Google "Gonzalo Lira" for interesting anecdotes from the Chilean crisis of the 1970s.

[MrB0TT]

I like your explanation of what the fed is doing to the dollar. That's a really nice collection too. One word of caution though. In the beginning you said your friends don't understand why you buy silver. I personally don't tell anyone but my wife about what I've bought. Even a trusted friend might be overheard talking about it and the next thing you know you've got a break in.

[lividmany]

The only thought that ever occurs to these government criminals is "How can we steal from the working people." Paper money is a DELUSION.

[donnyb65]

Regardless of how rich you are... When the shit hits the fan. You better have some gold and silver. Other wise you'll be drinkin a lot of waterd down milk that tastes like shit ! Money will only be good for startin fires....I love silver. ARGENT PUR .9999

[sunburstgold]

really cool video!

[plumrdude]

Have you ever bought bags of 90% silver coins??

[Benjamin1234323]

Smart! I bought some silver! Just wait this economy is coming down! I mean really we have a black president!

[joneseastman]

very wise choice your making!

[1984IcameandIstayed]

I borrow your example to teach my kids about money.

[bigtwo1952]

right on bro!!!

[TeamLibertyExpress]

thats a great comparison

[jubelet]

Great analogy! And those Crown Royal rocks glasses are nice, too. Not as nice as your stack.....

[dave997]

precious metals are risky, when the economic collapse hit in 2008 silver went from 20 to 9, granted its back up to around 18 as of today but it still hasnt gone through 2008 highs. So you lost over half your money and tons of opportunity cost in the form of being able to buy double the amount you bought at the price of around 20$

[micollision]

i bought most of my silver for 8.85 an oz...if it falls to 15,i can sell and still make good money !! if our currancy is revalued for less, witch i see in the future i will still have my money....i see more positive than neg for metals....what about a comex default ? silver is not fiat and will not go to zero till the end...

[deathmarch5]

Still an almost untouched aspect to silvers rise is the medicinal prospect of coiloidal silver wich is 10 times better than tamaflu and antibiotics. Its dose this through suffocating single celled organisms. so resistance isnt built up like antibiotics through chemical dependence.

[r11264]

@micollision the reason for the 2008 collapse if i can recall, was a billionaire team from texas cornering the market. Silver increases in value like a broken staircase... it goes up then down, then up higher, then down, then up higher and so on. BUY IT! It is completely undervalued, and will only continue to rise. Also, it is used heavily in all electronics, and is required for almost all industries making it an invaluable resource that will only continue to rise in price.

[JanRichardus]

@micollision Keep stacking and just hold on .

[JustAnotherDisguise]

@dave997 The lows in 2008 were because the banks had to cover themselves from shorts: caused from people asking for physical. So, the banks just simply just over-leveraged again which dropped the price. Financial terrorism plain and simple. The CFTC admitted two days ago metals are leveraged 100/1...

[JRBeaman]

@dave997 YEAH, and now it's almost $50 per ounce.

Your advice sux. Accept it.

[aybesee123]

@dave997 lol at $18! So did he still lose half his money and "tons of oppurtunity"?

[dave997]

@aybesee123 well he bought it at 18 and road it down to 8$ an ounce, it took about 2+ years to get to 40. Basically all other financial assets including stocks have doubled or tripled since the 2009 lows so a double in the price of silver isnt a big deal. don't try to act smart when u arent please

[aybesee123]

@dave997 You are full of shit and clearly have shown your ignorance in finance and investing with this statement, "Basically all other financial assets including stocks have doubled or tripled since the 2009 lows". You simply missed the boat....and you will continue to miss it because of your ignorance. Your stupidity has been recorded over the last year. Thanks for the laugh!

[dave997]

@aybesee123 u are dumb and bad at finance and probably life in general, hows your silver doing lately retard? yeah i thought so

[aybesee123]

@dave997 You idiot, you can't even form a coherent sentence. My SLV puts made 600% in the last 4 days. How is living in your parents basement without a pot to piss in working out for you?

[dave997]

@aybesee123 theres nothing worse than bragging about fictitious trading profits that are probably exagerated by 1000%, i bet youre some no life troll from the yahoo finance boards, you sound like it. "Hey everyone i made 10 million dollars on my quintuple leveraged S&P etf today, everyone think im really smart" Meanwhile it's all a pathetic lie, youre probably some lonely mad basement virgin anyways.

[aybesee123]

@dave997 Yeah, It can't be that I bought slv puts in July as an insurance hedge, yeah, you're right. You've been trolling this video for a year, your a sore losing, jealous and envious person and you lack originality. Put that in your pipe and smoke it fucktard.

[dave997]

@aybesee123 i win, just deal with it

[aybesee123]

@dave997 yea, your "winning"

[dave997]

@aybesee123 u mad fag ? yeah u mad

[aybesee123]

@dave997 How old are you little dave? Your writings suggest you are in early grade school? If this is not the case you should take an English class. My slv puts are deep in the money, I know you dont understand that, but I am anything but mad. The smart money plays the ups and the downs, then there are the longterm sit and hold investors who are also making money. Then there are those that will never have anything because the cant even form legible sentences let alone grasp the art of investing.

[lowpross11]

@dave997 I'm curious if you still feel the same way about precious metals since you posted this 2yrs. ago?

Best Regards,

Lawrence

[sootch00]

Most excellent! Yes, buy silver and get rif of the fiat currency! Guns and ammo are also a great idea to invest in :) Thanks!

[Mr2wings]

great video...we are all drinking skin milk for now.

[pookypoo77]

lol so true! i hate skinny cow sheeit! i need full fatty milk! haha

[sootch00]

Great Video :) Thanks!

[davfritz]

What I want to know is this- If I buy a government minted silver coin, when I go to trade it, the buyer should surely be confident of its purity and content. But if I buy non-government silver "rounds" such as the common 1oz silver buffalos, would a buyer feel confident, or wonder if its fake? If they suspect its fake, they might insist on assay, which is a problem. Opinions please. Good video btw.

[micollision]

@davfritz hey thanks for the comment, silver can be checked very easy with acid..i try not to buy government coins they cost more...one oz is one oz ,get the bang for your buck...try to stay with apmex or another well known bullion if it bothers you..silver has it's own sound too....you take a file and file on the silver and put a acid on the cut if it's silver it turns a cream color, this is how they check silverware to see if it's solid or plated...your friend mike

[Muziqstar]

Great Video.

[WhyMeWhySilver]

Mike, you might want to take note on buying large bars of Ag. I think we can agree that silver is WAY under valued. IMO we need to think ahead and protect ourselves from having to report our future sells of our Metals to the Government. Or our information being typed in to a computer by a Dealer. Example: If you purchase a 100oz bar at a cost of $2000 and silver spikes to $250oz. If then sold, you've have to fill out a Government Form 8300 for a transaction over $10,000. Taxation? Don't know?!

[MrSkaramanga]

Yeah there could be a pullback, but just to be on the safe side, I'm still buying anyway just not as much. It could break out soon and go past 20 bucks an ounce so keep an eye.

[MrSkaramanga]

Hey man, I been doing what you said (lately anyway) and been buying some silver, a bit at a time. About trustedbullion (that company i told you about) they are still the best in price. They charge a bit more over spot then others (tiny bit more) but their shipping is FREE, so I wind up saving 10 bucks on each order , (10 0z) when all is said and done.

[pookypoo77]

@NewOrleansWoman laymens terms is all we need for the common man, for silver is the common man's gold

[NewOrleansWoman]

@NewOrleansWoman LOL tried to comment back but hit the wrong button again LOL great vid.... enjoyed it ....

[WhyMeWhySilver]

You're definitely speaking the truth my friend.

[micollision]

always nice to have somebody of your caliber commenting on my vids,thanks

[WhyMeWhySilver]

My caliber??? LOL! Even a dummy that just bought Silver for Dummies 101 could say that. But I do appreciate your nice compliment. Now....take the rest of that fiat cash on the table and buy some more. Your analogy is a very basic, but a VERY effective one.

[daPerik]

that is a good example with the milk, that is a good way to let people know how it works!

[laurieannek]

Good example

Gold and silver has always been used for money.

Paper..comes and goes with government.

[prettylyricsmarie]

good analogy for paper money and milk. how our system is watered down and corruption kills. smart.

[samsterlok]

Loved the milk & water example, I'll be sure to share it with my nephews.

[montanaangel64]

that's an interesting analogy. 

Gona show it to my children.

[ugotknockedthefugout]

heres a pointer...

see that cash on the table? convert it to silver!!! haha

very nice stack =)

[sarge1775usmc]

Hell, if the economy crashes...the US dollar is ALREADY going down... paper has no value....gold and silver CAN be used to get your family food!!!!

The value is way down over the years as compared to precious metals!!!!!

Paper is currency, gold and silver is money. People need to know ... great for you to get the word out!!!!

[lizadfuel]

Keep on buying silver! Silver is 63 to 1 with gold and thru history is tends to have a ratio of 10 to 1 with gold, so if I'm right, silver has a lot of potential to make some sizable gains. Foremost; it will protect your wealth and this is what we all want. The dollar has had a life of 96 yrs and should have died yrs ago but Breton Woods gave it added yrs, so I believe the dollar it will die like all fiat currencies for fiat currencies have a life span of a human.

[NowisEvollovetion]

I very much enjoyed how you explained how FIAT currencies are dilluted/devalued through the process of inflation/quantitative easing.

I just have one question for you though,

Did you drink the milk placed with the cash after you had added all that 'shitty' water to it?

I bet NOT.

Cheer's.

[Larrye123]

Hello friend, I want to tell you and everyone else that shows their possessions on YouTube that you are setting your butts up to be robbed, SHOT, and killed! DO NOT show your guns, vast ammo supplies, MONEY, GOLD, SILVER, etc. People are executed in other countries for $100! That can happen here, too!  Wake up. Your an intelligent guy-just show ONE gun and a container of Russian ammo.

MENTION gold/silver. Do NOT show what you have. Your asking for abuse. Thnx for getting the word out!

[tdawgee]

thanks ----5 stars  !!!

[Danster82]

The current problem with silver is that its an industrial metal and NOT money, gold is money, that is its majority use as banks still use it to store wealth hence why it is money.

Silver is not used to store wealth the only place silver is used as money to store wealth is people like us with our collections but on a larger scale silver is purely for industrial use, so what I am saying is we need to change the status of silver to once again being money and a store of wealth.

[buzzz1213]

We used to be the Land of Milk and Honey! Great Video easy to understand for us dummies!

[ABOSOLUTEKNOWLEDGE]

owsome video

so even a retards or shall we say mentally chanlenged people can get it:)

great video

[elgriton832]

Good job! Finally a great way to explain it to my wife.

Thank You!

[bryanpepperell]

Interesting video. Like the way you explain what is happening. How about we get both inflation and unemployment and deflation with some consummables like the price of manufactured items- Cars, electronic goods. I'm not sure many people really understand what is happening.

Cheers

Bryan

[dave777blaster]

One thing the US govt is good at lately is deflating bubbles.

the gold and silver bubble is no exception

that's is something to remember.

Like diamonds and other rarities the reserves are in the ground and held back to regulate the price

Canada has now made the 100 kilogram

gold coin

I think it's 33 grams or 29 grams per oz gold

troy

there is plenty of silver and gold in the ground held in reserve in Canada.

I have gold and silver but am very wary of a new currency .

[dave777blaster]

The USD is what the metals are priced in

as the USD falls the price of the metals should go up

but if they manage to bring out a new currency and that currency maintains the world $ hegemony,then no one can determine the price of the metals but them.

They may decide to take out of circulation

vast amounts of USD and trade the USD 1:1

for the N/A Dollar.

yet the N/A dollar may be backed by silver at 5 N/a $ per oz lets say for an example.

So be careful

[dave777blaster]

that's a very good question

they can print money but they can take money out of circulation as well you know.

So when the time comes for the North American dollar what they will do is any ones guess.

If they decide its 1 USD per NA $

and they do not take out of circulation the vast amounts of USD

I am certain Canadians will be demanding 5 North American dollars for every Can Dollar.

As the Can Dollar is held down artificially

to facilitate trading with the USA

[dixiegirl999]

Appreciate your video. I started collecting silver yr ago just to collect coins and I have many. Being out of a job, I can't buy any right now. As soon as I get a job, I will start back. I took what ever money I had out of my bank months ago due to bank holidays coming and corruption. Whatever I have, I want it in my hands not in a bank. We all need to get ready because our fiat money will crash soon intentionally. Everyone get ready.

[dave777blaster]

As the USD sets the value of silver and gold

when the North American dollar comes what will the new price be for silver and gold.

The Canadian dollar has been hald down so

trade is facilitated

once the north American dollar comes be careful

as silver and gold can have quite a setback

as in 1 oz silver worth only 5 North American dollars for example.

yet the American dollar can be used as an exchange of 1 for 1.

all bets are off when you redefine the money that sets the price of the metals.

[keithholden]

From memory, the price of gold, silver is set in england, and traded in usa dollars.

Least thats how it use to be

[dave777blaster]

Great video 5 *

as usual

Well the idea is to bring the value of the USD down to 1/10 maybe 2/10 it's value

this has the effect of devaluing all foreign debts down to 1/10 or 2/10

at which time American can pay it's debts.

Then the USD will be deemed worthless and

will no longer be considered currency except

it may be used in exchange for the new currency the North American dollar.

When the North American dollar comes

what will silver be worth and what exchange will be allowed for USD

[morningmayan]

very nice way of explaining this! I buy silver too:)

[MrSkaramanga]

Wow that's an impressive amount of silver you got there man. I started buying some back in 94-95 and then stopped. Then i began buying some again a few months back through trustedbullionDOTcom. I think that company gives the best prices there is.

[piegrylls]

great video mahn 5/5

[camathes]

hope you got a deep hole to hide that in.... good vid