Go to any bank and ask for silver certificate owing you silver. That's paper silver. Another example is getting a promise of silver at a future date or buying stored silver at the perth mint.
You dont' know why you are buying it. I know people who have multimillion dollar net worth and purchased silver at an average of 38 and are not flinching. The know all the details of silver and are not interested in the day to day or month to month moves.
Try figure out that gold and silver is money and how it's manipulated once you KNOW you will buy without fear and the only regret you will have is not getting more.
@davincij15 i do know this, all i am saying is to buy it at the right time. Es[ecially when tax on it is so high, where i am 20%. Unfortunately for me i chose th eworst time last year to buy it. This year is going to be off the hook, $56 baby
I didnt mean it literally but like i mentioned before, im in the gold/silver business. I have bars and bars of .999 from 1oz bars all the way up to 100oz. And coins? Forget it lol i have tens of thousands of dollars invested in silver, so if ur lil theory here is true, ill be well off. Even at $100 an oz id be well off. Hopefully itll get there soon :)
If you take the time to study Ted Buttler's work and back check it you will see the banks are manipulating the price. There is no doubt in my mind because I checked his work, it took a long time cuz I knew nothing but it was worth the 6 months of study.
If you don't want to take that time then look at all the fraud banks have pulled off google “storage fees” for imaginary metal were “standard industry practices”.
Just look you will find MANY examples of this theft.
Then after you have found all the thievery the banks have perpetrated then come back and see if you can tell me they are not manipulating the price of silver without laughing.
There is more than sufficient circumstantial evidence to indite banks of manipulation and proof if you look at Ted Buttlers work.
It is unlikely you have more than 34,000 oz of PHYSICAL silver.
If you own any other kind of silver, ETF, Certificates or any other kind of derivative then you do not own silver, you own paper. This is part of the reason why silver will go nuclear.
MF Global proved that you can not only lose your claim on silver but the currency as well.
Im sure there are institutes that provide stats on how much silver is being recycled but there are a lot of private parties involved as well. If u melt .999 gold or silver thats pretty much all it is. Melting gold at lower purities such as 10k, 14k, etc. You end up with other metals such as silver. If u melted a ton of gold u would have plenty of silver within that gold. And gold is here to stay whether its been invested in coins, jewelry, etc. No one is gonna stop buying this stuff, melting it
Im in the business just as it sounds u are.. I could see it possibly reaching $100 or so within the next few years but $1000 i might not see that rate in my lifetime.. Im not trolling just being a bit realistic.. I understand the monetary theory but it would take quite a while.. You have to factor in all the people who are melting these metals as well, its pretty much a recycling business.. Ppl melt gold, silver, etc. And then resell gold & silver bars to whoever so that they could make these n
So you are saying people are melting silver to get cash like gold? I want you to think about that for a second.
Please show me where I can take all my silver and go to a cash for silver place... wait before I got into silver I DID NOT HAVE ANY! And the silver I had was maybe an 1 oz or 2.
Dude.. Theres no way silver will EVER b worth more than gold lol come on.. Gold is much harder to acquire.. Theres silver in gold as well.. Silver is abundant, its everywhere, which is why its cheap.. If ur poor, invest in silver.. If u got a lil extra money 2 spend, go 4 gold or platinum, palladium, etc.
The only thing you are looking at is the price, it does not tell you the whole story. Look at the data behind the price and your jaw will drop. But before you look at the data you need to understand how your paper money works or you will not understand why the price is so low.
1 billion ounces of ag with 7 billion people.... hmmm. au/ag ratio around 16 or so when "normalized." Yet normal will be no longer. Inverse ratio?? Gold must reach sky high for a gold backed currency, $5,000=$12,000? All this without taking industrial ag use and deficit mining into account. Deeper and harder to mine silver will make prices soar also. Economic collapse/currency printing will make prices soar also. The math seems easy. Stack and hold.
Silver and Gold is the best investment, but beware of what's spreading around the net. these metals will only seek its monetary value. What does it mean if silver hits $1,000 and a loaf of bread costs $100. It just means that you have not lost your asset value. You are not going to become over-nite billionaires. You will just have hedged your assets against inflation.
This is true however the way monetary assets flow is like water in a half full jug you tilt it to one side and the water rushes to that side meaning there is less water elsewhere. Once wealth stored in paper assets start rush towards hard assets it reduce the value of other assets.
There are ways around VAT just create a company selling silver and sell none and file a claim for the VAT refund and when you sell that's when you collect the VAT for the gov and pay them. :)
When israel takes over from USA as the ruling state of the world, it will enforce the currency of kingdom of solomon which was gold and silver but that doesnt mean cash and e-money will disappear rather they will remain as microcurrencies
davincij15 - the 50 to 1 ratio for silver to gold is what I'm looking at here. How much would you concoct gold to be if silver is a $1000 even an ounce - well you do the math? In all honesty disregarding the 50 to 1 ratio - silver has been supressed by the government. To suggest $1000 an ounce would simply elucidate a major economic problem for let alone the U.S. More modestly speaking I would favor $167 an ounce. You want help understanding politics - here you go - don't "buy" into it.
I would suggest you delve deeply into the silver story. I would say that silver is the most manipulated market on the exchanges, the manipulation is many moving parts that are ingenious by design.
Anyhow I don't expect you to believe me anymore than someone investing in Madoff believed he was running a ponzi. The Ponzi you are in is dollars no one will see it until it ends.
I find that amazing since this system has a 100% failure rate based on history alone.
Dam straight they are. did you know they are building your bridges and subway lines because the expertise to do so in America is gone!!! I read that and my jaw dropped to the floor.
I could not believe my eye as they said the Bay bridge upgrades was being built in China and assembled in America. WTF!
Honestly silver will never ever come close to a thousand dollars an ounce in your life time and that is to say considering that the dollar system doesn't go defunct.
The US government says they are going into debt 1.5 trillion but their debt clock has gone up 2 trillion every year you know one time expenses like war don't count. QE 2 is finishing but we all know QE by some other name will come.
60% Individuals, Cities Counties, states and are broke and in major debt.
And how is printing all this money going to keep the value of silver down?
its not the silver going up... its the currency going down... notice how the stock market is rising as the economy continues to get shittier and shittier.... debasement of the currency. So with that said. our fiat money system will be short lived and when it goes ... then dollars will be useless and silver will go up to 7x10 to the 24th dollars per ounce
its not the silver going up... its the currency going down... notice how the stock market is rising as the economy continues to get shittier and shittier.... debasement of the currency. So with that said. our fiat money system will be short lived and when it goes ... then dollars will be useless and silver with go up to 7x10 to the 24th dollars per ounce
Are you crazy? Silver will be anything from $10,000 and more when it goes rare quite higher in fact. Peon Palladium achieved this when it was rare and hasn't the importance of Silver.
Let's keep track Silver is $44 per oz Gold is $1500 per oz and gasoline (87 oct) for me 3.80 per gallon. Next month 5/3011 lets see what the Federal reserve notes will buy us.
I think $1000 is alittle too high. I can see silver making it to $100 in the next 6 months. So it's not a bad idea to get into it now for a term period. I would sell and get other things with that money. paper silver is a scam. when i buy silver....i want real silver.
davincij15, I read somewhere where banks & brokers are buying & even borrowing gold from each other because it's scarce--unlike diamonds. Forgot where I read it but it's crazy how the banks do this to maintain an appearance of supply, and also to manipulate the gold market too. Are you still making vids? Haven't seen a new one.
@X1REME Ok, the digital money analogy is the first I heard of in the youtube or internet. I first heard it from you. I've hypothesized this long ago when I heard of the RFID chip. I believe those pushing for this tech. will use fear mongering & other tactics. Imagine? Lowers crime rate, nothing tangible to carry. Your medical info is there so paramedics can help quicker. You can open door locks, cars, etc with a swipe of the hand. No card carrying. RFID right into the skin. Great concept. Scary.
The U.S. government had been planning to topple the Egyptian President for the past three years - that's according to diplomatic cables released by Wikileaks. The files show Washington had been secretly backing leading figures behind the uprising. Reportedly some fifty people have died and hundreds .
even with silver U can buy it as an ETF etf's are just receipts which says U own this amount. also if there's ever a crash gold silver will then be arbitrarily reset to value; the fed sets the trend. gold silver is no different then any other commodity it's all about going short or long. this is all fear based nonsense which reminds me of Y2K. the dollar will never be allowed to crash. dollar will only be allowed to lose value , but never to crash that's a fact.
false silver per oz will never go to 1000$ the fed controls prices of gold & silver they set the trend,so they decide the price value; not the individual. the individual doesn't have a say in the matter.even if silver is more rare then gold, the speculators still has the call at the end of the day, it's false about gold there's still not enough gold to cover all the debt of the world that is why the fed created ETFs
listen ive worked as a stock broker , so I know the deal; most of the buy gold silver ads we are hearing about is just hype. also dont forget they all charge 15% commission fee . also if U notice all them ads suddenly pooped up, where were they then? so it's all about making money off the fear mentality; there wasn't money in gold @ 200 bucks but now suddenly gold is @1400 now there's money to be made.
People should not pay more than 6% over spot for gold and silver or they are getting ripped off. Caveat Emptor.
The ponzi scam is the dollar, it's created out of debt thus require someone else to go into more debt so others can pay off their debt.
Look we are not going to see eye to eye on this issue and I am cool with that. Since you are a broker you can easily take the other side of the bet of gold and silver buying.
right there's a diffrence between price value,bid,& spot,spot & bid tend to be 5$ diffence.nah the dollar isnt a ponzi scam.the dollar for many many years have been stable,but it's the fed that fucks up the dollar value.
as far as debt well; i blame the american people we spend money which we dont haveWE ARE THE PONZI SCAM U & ME; even if we go back to the gold standard;it's still not gonna fix this mess.the stupid reblicans & demoncats did alot of damage though deregulation.
If scum bags have unlimited money to lend and no one want's to borrow, last time I checked they would lie to people and tell them they can afford it because they are SCUM bags.
We are arguing here if people should not have fallen into the trap of borrowing but why the heck can we not ask the question why was unlimited borrowing available in the first place? Is it logical to have virtually unlimited lending to humans who have unlimited desires?
I agree we live in a world of scum bags & selfish people.& lenders who exploit greedy people who have a need for things they dont need. I wouldnt ever borrow from anyone ,because I know the game; it's a fixed game; even if I borrow money from U the banker U know there's a chance I cant pay it back ,so what U do is U sell my defaulted debt . so U as the lender still make money off buying & selling of debt.
everyone wins in the short term ,but the person who defaults.
oh by the way I dont have a problem with you buying metals ,i think it's a good idea, but I also believe folks should also buy dryed food goods; food that can last a long time with out going bad but my question to you is why do you trust & have so much faith in the market ? you know it's a ponzi scheme
gold sliver will crash rise in value just like anything .
$1000 per oz for silver will never happen till the end of the world. You' must be dreaming or getting way too stoned. Btw, there's never a trace of evidence shows that silver is more rare than gold above ground or under ground.
Hey man I can see you have studied and know better than me. How do I know? Well you called me stoned and dreaming so that's enough evidence to any intelligent person to see that you are correct and I am wrong.
silver will never reach 1000$ that's BS. the buy gold /silver companies know the average guy on the street cant afford gold at 1400, because gold @1400 is risky even for the big guys,so they have to sucker in the silver folks,cause the little guy is easy pickings he can afford silver,so then they will charge high commission fees on silver.
as a broker myself we have a saying dont pitch the bitch..
Davin your the man. I had to laugh when you said the price was $16 when this was made. :) Someone made a profit. Im going out to get some this week. For those of you that dont know look closely at JP Morgan Chase and their silver manipulation. Max Keiser Report on youtube goes over this in detail with every episode. If you think silver is high right now at $30 you are going to shoot yourself when you see it go over $1000 and eventually $5000 in the coming years. It is SO RARE!
Ron Paul touched on something the other day I thought was awesome! "Allow for a competing currency." This way if the Dollar goes to sht, were not stuck holding the bag. We have a way out.
We know the Federal Reserve would fight that tooth and nail, they need that monopoly on the dollar & would NOT allow it. I say screw them! Put it to a vote!!
If people want to use Dollars (OR) Gold/Silver to buy goods and services....why not? Because the Feds know in time.,it would Render them irrelevant.....
soVun & tonyifinity. (1) soVun, obviously you cant understand the concept of $. If you had a clue, you never would've written such an uninformed comment. My uninformed cyber-neighbor U will be 1 of many with barrels of paper $ & starving. (2) tonyinfinity. You probably were not around when Ag. circulated. He uses the dollar as a gauge so people like you can understand. When Ag. is re valued It will again be money & the dollar that you were brainwashed into believing was money will be GONE!
@soVun a couple years ago 1000$ gold would have been "dumbest thing i've ever seen on youtube" ... buy some silver and if he is right, your a winner :)
F*** man i love your downloads and look forward to your next..I am an englishman living in Spain,the austerity measures and the backlsh that this will bring is only the start of it ,i just wonder how much longer they can manipulate the price of this precious commodity,keep up your great work ,you and many others have awoken me to silver 3 months ago and hey its unbeleivable the increase in price since then ,although we didn,t have a great amount in the bank at least our investment now is 47% up.
I'm Holding it's early paper money has value for pay off debts and the government will print as much as it needs to pay it's debts.
I'm basing my investments on 6000 years of historical evidence not 30 years in that time all 100% of all paper money have gone to zero and 100% of the time silver and gold have never gone to zero.
Good luck may you be able to buy back in at a lower price.
True, we are consuming more than we are MINING, but about 100 million ounces are recycled. Supply has actually EQUALED demand for the past 10 years, because the government is selling off ETF's. Why would the guv want to keep the silver price down??? Becuase it attracts you away form their WONDERFUL federal reserve notes.
look at zimbabwe.. i dont think silver will be around 1000 dollars an ounce.. no way.. it will go millions.. per ounce >.> if i look at zimbabwe.. and look at money supply all around the world.. its going through the roof anyways xD 30 trillion yen bailout last month.. and trillions of dollars stolen by banks.. goldman sachs etc.. xD! if you calculate literally everything 1000 dollars an ounce silver is just a really small number..
Here's what i don't understand, if the US dollar is collapsing, and you use your money to buy silver, and hope that it goes to $1000, then you have to sell it to get the US dollar "that is crap" back in your pocket. So when the US dollar collapses, what are you going to sell your silver for, $1000 dollars that is now worth nothing?
@tonyinfinity its as much a means of investment as it is a means for survival its at $21 now but as it moves with hyper in flation it could be worth thousands in the paper market therefore your investment has costed you less but has kept its inflationary value to keep you with true purchasing power you cash it in and you will have more than those that didnt invest in silver in other words you will keep ontop of inflation
@tonyinfinity if you spend $1000 to get 50 ounces of silver, then you'd have $50,000 when you trade it instead of the $1000 you started with. Keep in mind that the time is coming when a loaf of bread might cost $400....how much will you eat with 50 ounces of silver versus the $1000 you saved in the bank now?
not too mention that many assets will also be severely undervalued while other commodities like PM's become overvalued due to demand from the public.. Eg real estate and shares in companies. So though food may go higher it doesnt necessitate that other products may go up along with inflation. This is what makes buying into commodities so brilliant.
@tonyinfinity 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.
@davincij15 So gold going from 285 to 1300 , and silver from 4 to 20 is not enough ehhh... Seems to me like a nice hefty profit for the last 10 years don't you think? And the bull market has already been running for 10 years by the way. Good luck dude.
@davincij15 You are talking to someone who was asking people to sell their real estate properties back in 2003-2005 my friend. I sold all my stocks in mid 2007 and shorted the market into 2008. It's not a matter of listening, it's a matter of having the balls to see the truth before the masses do. The masses see gold going higher.
Right I live in Canada ALL banks sell gold and silver coins and bars, I went to the mall and asked where do you buy your gold and silver coins and bars.
I don't know is the answer, if I ask do you have any bars or coins every single person said no. EVERYONE.
Finally, Jim Rogers asked a group of money managers managing trillions amongst them all and 88% had no gold or silver exposure most of them couldn't even spell gold.
@davincij15 And you think this is all good right. Let me just give you an analogy and you will see I have a point. You know why those people at the mall did not have any coins or bars right? Everyone has been buying them. Also, Jim Rogers is a very astute investor. If he went around telling people what he did for free, he would not be as rich as he is. I don't think I have to explain about the MM's. Seems to me gold is way overbought and has been showing it as of late. Another spike up and done.
@Jay123u Did homes get replaced by something else after dropping 30%? Did oil get replaced by something else after it dropped from 150 to 50 bucks? Remember peak oil and how oil was about to run out? The issue is credit has caused ALL these assets to inflate. Call it hyperinflation or whatever, but it has been happening for 30 freaking years. The credit bubble has popped and all you guys are thinking we will see hyperinflation when in reality it's the opposite. My bet is on deflation.
@dannydarias1 Negative dude. The system is built on debt, if the money system doesnt expand the system fails. The only deflation we are having is in the housing market, which will last for a 3 to 4 more years. Banks are hoarding money right now, wait in 3 to 4 years when the tsunami of cheap lending dollars hits the market. INFLATION. I dont think silver will hit $1000 (thats nuts), but $250 is very possible.
@TheEarthGerm I dont discount inflation at all. But reading your OWN comment. If the system is built on debt (credit) and that system fails (collapse in credit), than tell me what will replace the inflation that that debt has induced? Let me guess, the Fed will print right? Wrong, they know that printing and rates is all they've got. Again, there may be inflation, but I dont see it anytime soon.
@davincij15 I've been around for a while dude. Let's just say that the pioneers of this were the housing bubble heads which I've been following since 2003. And on top of that, I was buying gold hand over fist back then. I am not a newby.
If inflation keeps going the sky is the limit for the price of metals especially silver. If silver does surpass gold this time versus last time's peak in 1980 silver could hit $2,250 an ounce at least.
This is a ridiculous video. Im not sure if u fell on your head because I used to watch your videos with an open mind. This is absurd, if you were to make an argument for gold doing whatever its going to, look at the historical ratio. Gold is real money and there is no shortage of silver, research how Maloney/Kioyaski are making this up.
You have made up your mind that's fine I will not try to change your mind. All I can say is that reality will be our judge jury and financial executioner.
I believe you, when it is first widely known, then accepted, that silver is THE most powerful medicine on the PLANET, then you will see a 70-1 ratio again but it will be gold in relationship to silver, shoot, if the shit really hits the fan ala global pandemic then silver WILL be on the verge of being priceless, 9999 silver as opposed to 999 silver which is 10x more pure for those who count, just look up the term colloidal silver and see for yourself
It's sad when people lose all sense. Do you REALLY want silver to go to $1000/oz? That means the absolute end of the US and rising chaos. Where will you be when that happens. If silver ever went beyond $50/oz, you wouldn't want to be in the US.
Gold and silver bugs, please actually think about what you are saying. Betting against the dollar is fun, until you're caught in the middle of it.
I'm not betting on against the dollar. I am saving real assets and I hope the dollar last as long as they can hold it together and they manipulate the price of silver and gold stays low as possible.
Why?
Because at the end of the day a Ponzi scam always ends badly.
You can hope and pray it will not end all you want but end result will be the same as Madoff investment. I did not make up the rules of gravity just I live with it. :)
@llmasterkll No one wants silver to go that high. But whether you like it or not, it is going that high because the federal reserve and the illuminati are going to crash the dollar on purpose. If you havent forgotten, money is SUPPOSED to be backed by gold and silver. Gold and silver is TRUE money. Cash just represents fractions of gold and silver. When the dollar crashes and you have no gold or silver, you have no money at all. If you have gold and silver, you can cash it in for gold and silver
The USD is the reserve currency and we have billions of them at our central bank. If they lose value so does the value of our currency because it's based on the value of all our assets including the USD we own.
BTW because every country has USD or USD debt this makes the collapse world wide but also makes country want to keep the ponzi going for as long as possible.
This means the timing is difficult to predict as resources can be thrown at it to keep the ponzi going until the every day guy like you and me figure it out.
Dog gone it having technical diffs posting just search (withdrawal to deposit ratio comex silver dealer inventories) and you should find a lot of corroborting info. I learned about it a couple of months ago.
The withdrawal to deposit ratio over at the comex on silver dealer inventories has been an average of 14:1 for over 7 months now. We have about 16 months at that rate before we realize an unprecedented economic event. That is no inventory to draw down upon. Things should start to happen fast then. Thanks for all the detailed info.
Buy silver now, dont miss out., just buy a little every week or month. Sure silver/gold ratio will correct itself at some time soon and will be worth much more than it is today.
For sure. Over the last few months I have built up enough money to buy over 500 oz silver. By the end of the year I will have about 1500 oz. I'm sure you will agree with me that by paying a little premium on 1 oz coins now, it will make for very easy liquidity of that silver for spending cash in the future!
Do you really want to live through an economic time when silver price hits $1000/oz? At that point, guns and ammos, seeds and land to plant your own food will be more valuable. I own both silver and gold btw.
@soundzero that is not true. Look at paladium for example, and you could have said the same thing. The bottom line is without silver the world as we know it doesn't exist. Its used in just small amounts that even 1K per ounce will not add that much to the price of a finish product but silver HAS to be available for that product to be finished. I believe in the next 5 to 10 years time, no matter what the ecomony is doing silver will move to these levels because of its properties along.
I'm sorry davincij15 but you confuse me. You provide a thoroughly convincing argument as to why silver is underpriced and that the price will eventually explode. Then you say that the price is manipulated down and the current price has nothing to do with market forces, so which is it, price manipulation or market forces? You can't have both.
"Then you say that the price is manipulated down and the current price has nothing to do with market forces, so which is it, price manipulation or market forces?"
What are you talking about the explosion will occur once market forces are set free. Right now the price is artificial like madoff returns.
davinci what do you think on the silver electrobes used for medical use. Those are .99999 pure or somthing. would it be worth buy a bunch of them or .9999 silver bar.
I believe silver will double in value in the next year. I'm not sure why you think silver will be $1000 an ounce. Maybe you are factoring in the complete devaluation of the dollar. If you buy silver with money that is almost worthless, it takes more.
@kellianneharper simple. According to geological data silver will be the first commodity we run out of at current use rate. Some data show as early as 2016. if that is the case does it matter what fiat money is being used at the time?
this man is correct with is views of shadow government, market manipulations, ect. he is correct that silver is under valued also. one point he misses is inflation from printing money. if you print money it waters down the purchasing power of each dollar...SO BASICALLY...THE PRICE OF GOLD HASNT GONE UP AT ALL....THE VALUE OF THE DOLLAR HAS GONE DOWN. WAKE UP.
What's paper silver?
jjdelg 2 weeks ago
@jjdelg
Go to any bank and ask for silver certificate owing you silver. That's paper silver. Another example is getting a promise of silver at a future date or buying stored silver at the perth mint.
davincij15 2 weeks ago
@jjdelg i think its the manipulation everyone talks about
JohnWayneee1y 2 weeks ago
If people wouldve bought when you made this video they wouldve double up already
Jierongk 3 weeks ago
@Jierongk
Yep but most people would sell today because they think dollars is money.
davincij15 3 weeks ago
hey davincij15 watch this bro: the american dream - understanding money and the banking system
TheBako23 1 month ago
@TheBako23 He has already watch Zeitgeist Addendum he knows how it works.
jjdelg 2 weeks ago
This has been flagged as spam show
pan american lithium..... next best penny stock 2012 ........ thank me in nov. when its 2 bucks
ash11271000 1 month ago
im feeling like a bit of a dope because silver has dropped $150 a kilo since i bought it same for gold, they dropped like a stone the very next day.
JohnWayneee1y 2 months ago
@JohnWayneee1y
You dont' know why you are buying it. I know people who have multimillion dollar net worth and purchased silver at an average of 38 and are not flinching. The know all the details of silver and are not interested in the day to day or month to month moves.
Try figure out that gold and silver is money and how it's manipulated once you KNOW you will buy without fear and the only regret you will have is not getting more.
davincij15 2 months ago
@davincij15 i do know this, all i am saying is to buy it at the right time. Es[ecially when tax on it is so high, where i am 20%. Unfortunately for me i chose th eworst time last year to buy it. This year is going to be off the hook, $56 baby
JohnWayneee1y 2 weeks ago
I didnt mean it literally but like i mentioned before, im in the gold/silver business. I have bars and bars of .999 from 1oz bars all the way up to 100oz. And coins? Forget it lol i have tens of thousands of dollars invested in silver, so if ur lil theory here is true, ill be well off. Even at $100 an oz id be well off. Hopefully itll get there soon :)
cjkone978 2 months ago
@cjkone978
If you take the time to study Ted Buttler's work and back check it you will see the banks are manipulating the price. There is no doubt in my mind because I checked his work, it took a long time cuz I knew nothing but it was worth the 6 months of study.
If you don't want to take that time then look at all the fraud banks have pulled off google “storage fees” for imaginary metal were “standard industry practices”.
Just look you will find MANY examples of this theft.
davincij15 2 months ago
@cjkone978
Then after you have found all the thievery the banks have perpetrated then come back and see if you can tell me they are not manipulating the price of silver without laughing.
There is more than sufficient circumstantial evidence to indite banks of manipulation and proof if you look at Ted Buttlers work.
davincij15 2 months ago
I really hope this is correct cuz i have tons of .999 lol
cjkone978 2 months ago
@cjkone978
It is unlikely you have more than 34,000 oz of PHYSICAL silver.
If you own any other kind of silver, ETF, Certificates or any other kind of derivative then you do not own silver, you own paper. This is part of the reason why silver will go nuclear.
MF Global proved that you can not only lose your claim on silver but the currency as well.
davincij15 2 months ago
Im sure there are institutes that provide stats on how much silver is being recycled but there are a lot of private parties involved as well. If u melt .999 gold or silver thats pretty much all it is. Melting gold at lower purities such as 10k, 14k, etc. You end up with other metals such as silver. If u melted a ton of gold u would have plenty of silver within that gold. And gold is here to stay whether its been invested in coins, jewelry, etc. No one is gonna stop buying this stuff, melting it
cjkone978 2 months ago
Im in the business just as it sounds u are.. I could see it possibly reaching $100 or so within the next few years but $1000 i might not see that rate in my lifetime.. Im not trolling just being a bit realistic.. I understand the monetary theory but it would take quite a while.. You have to factor in all the people who are melting these metals as well, its pretty much a recycling business.. Ppl melt gold, silver, etc. And then resell gold & silver bars to whoever so that they could make these n
cjkone978 2 months ago
@cjkone978
So you are saying people are melting silver to get cash like gold? I want you to think about that for a second.
Please show me where I can take all my silver and go to a cash for silver place... wait before I got into silver I DID NOT HAVE ANY! And the silver I had was maybe an 1 oz or 2.
davincij15 2 months ago
@cjkone978
Then there are reports from the silver institute about how much silver is recycled. Go look it up.
davincij15 2 months ago
Dude.. Theres no way silver will EVER b worth more than gold lol come on.. Gold is much harder to acquire.. Theres silver in gold as well.. Silver is abundant, its everywhere, which is why its cheap.. If ur poor, invest in silver.. If u got a lil extra money 2 spend, go 4 gold or platinum, palladium, etc.
cjkone978 2 months ago
@cjkone978
The only thing you are looking at is the price, it does not tell you the whole story. Look at the data behind the price and your jaw will drop. But before you look at the data you need to understand how your paper money works or you will not understand why the price is so low.
davincij15 2 months ago
How long did it take you to finish the painting behind you davinci? do you have ANY idea what its worth?????
TheDonovan68 2 months ago
1 billion ounces of ag with 7 billion people.... hmmm. au/ag ratio around 16 or so when "normalized." Yet normal will be no longer. Inverse ratio?? Gold must reach sky high for a gold backed currency, $5,000=$12,000? All this without taking industrial ag use and deficit mining into account. Deeper and harder to mine silver will make prices soar also. Economic collapse/currency printing will make prices soar also. The math seems easy. Stack and hold.
UnitedCorpOfAmerica 4 months ago
@UnitedCorpOfAmerica
Silver is a metal that stays at the top of the earths crust so 70% of exists above sea level.
davincij15 4 months ago
Silver and Gold is the best investment, but beware of what's spreading around the net. these metals will only seek its monetary value. What does it mean if silver hits $1,000 and a loaf of bread costs $100. It just means that you have not lost your asset value. You are not going to become over-nite billionaires. You will just have hedged your assets against inflation.
trubornagain 4 months ago
@trubornagain
This is true however the way monetary assets flow is like water in a half full jug you tilt it to one side and the water rushes to that side meaning there is less water elsewhere. Once wealth stored in paper assets start rush towards hard assets it reduce the value of other assets.
davincij15 4 months ago
you are talking about a world where a big mac would be 200 dollars
ajgolfer1 6 months ago
the VAT ON SILVER IN UK GB ENGLAND IS PREPOSTEROUS
WHY VAT ON SILVER IN UK ?
IS IT THE SAME IN USA ?
zeb120 6 months ago
@zeb120
I don't know for sure.
No there is no VAT.
davincij15 6 months ago
@zeb120
There are ways around VAT just create a company selling silver and sell none and file a claim for the VAT refund and when you sell that's when you collect the VAT for the gov and pay them. :)
davincij15 6 months ago
@zeb120 move to the united states no vat here
ajgolfer1 6 months ago
@ajgolfer1
thanks
but id rather buy gold which is smaller in volume hence easier to handle
USA is dying out plus Armageddon is coming up by December 2012 so UK seems to be the safest as of yet
zeb120 6 months ago
@zeb120 wanna put some money down on that?
ajgolfer1 6 months ago
@ajgolfer1
I already have sir
When israel takes over from USA as the ruling state of the world, it will enforce the currency of kingdom of solomon which was gold and silver but that doesnt mean cash and e-money will disappear rather they will remain as microcurrencies
thanks
hope u learn something
zeb120 6 months ago
........ and their women now are coming over here working small jobs and together with relatives are buying property.
DetroitLove4U 8 months ago
davincij15 - the 50 to 1 ratio for silver to gold is what I'm looking at here. How much would you concoct gold to be if silver is a $1000 even an ounce - well you do the math? In all honesty disregarding the 50 to 1 ratio - silver has been supressed by the government. To suggest $1000 an ounce would simply elucidate a major economic problem for let alone the U.S. More modestly speaking I would favor $167 an ounce. You want help understanding politics - here you go - don't "buy" into it.
DetroitLove4U 8 months ago
@DetroitLove4U
I would suggest you delve deeply into the silver story. I would say that silver is the most manipulated market on the exchanges, the manipulation is many moving parts that are ingenious by design.
Anyhow I don't expect you to believe me anymore than someone investing in Madoff believed he was running a ponzi. The Ponzi you are in is dollars no one will see it until it ends.
I find that amazing since this system has a 100% failure rate based on history alone.
davincij15 8 months ago
@davincij15 All I believe is that China is in the driver's seat.
DetroitLove4U 8 months ago
@DetroitLove4U
Dam straight they are. did you know they are building your bridges and subway lines because the expertise to do so in America is gone!!! I read that and my jaw dropped to the floor.
I could not believe my eye as they said the Bay bridge upgrades was being built in China and assembled in America. WTF!
davincij15 8 months ago
@DetroitLove4U That's never been true. Bankers > Politicians > U.S > Euro > Everyone else.
TumisHumis 5 months ago
Honestly silver will never ever come close to a thousand dollars an ounce in your life time and that is to say considering that the dollar system doesn't go defunct.
DetroitLove4U 8 months ago
@DetroitLove4U
Help me understand....
The US government says they are going into debt 1.5 trillion but their debt clock has gone up 2 trillion every year you know one time expenses like war don't count. QE 2 is finishing but we all know QE by some other name will come.
60% Individuals, Cities Counties, states and are broke and in major debt.
And how is printing all this money going to keep the value of silver down?
Please help me understand that.
davincij15 8 months ago
What computer program do you use?
QWERTYEXOTIC72 9 months ago
I'm rich, if silver is a $1,000 a ounce.
QWERTYEXOTIC72 9 months ago
@QWERTYEXOTIC72
Well it would depend on how much a loaf of bread costs.
davincij15 9 months ago
This has been flagged as spam show
@davincij15 I didn't take that into consideration.
QWERTYEXOTIC72 9 months ago
Most of the lost silver goes to landfill as trash E-waste computer keyboards calculators.
Tones of precis metal of different types go to landfill every year.
FightClimateChange 9 months ago
More like $10000 an ounce. Dumbass.
FuckinGuitarHero 10 months ago
@FuckinGuitarHero
At that point the currency is worthless.
davincij15 10 months ago
This has been flagged as spam show
its not the silver going up... its the currency going down... notice how the stock market is rising as the economy continues to get shittier and shittier.... debasement of the currency. So with that said. our fiat money system will be short lived and when it goes ... then dollars will be useless and silver will go up to 7x10 to the 24th dollars per ounce
smokalot5100 10 months ago
its not the silver going up... its the currency going down... notice how the stock market is rising as the economy continues to get shittier and shittier.... debasement of the currency. So with that said. our fiat money system will be short lived and when it goes ... then dollars will be useless and silver with go up to 7x10 to the 24th dollars per ounce
smokalot5100 10 months ago
Are you crazy? Silver will be anything from $10,000 and more when it goes rare quite higher in fact. Peon Palladium achieved this when it was rare and hasn't the importance of Silver.
anunnaki2006 10 months ago
My Dear Davincj, I hope you are right, but 1000$ in how many years? Not surely in the next two or three... we have to be patient.
evadidio 10 months ago
@X1REME yeah my friend, but what about if the online currency will be backed by gold or silver?
evadidio 10 months ago
4/19/2011
Let's keep track Silver is $44 per oz Gold is $1500 per oz and gasoline (87 oct) for me 3.80 per gallon. Next month 5/3011 lets see what the Federal reserve notes will buy us.
Mr2wings 10 months ago
I think $1000 is alittle too high. I can see silver making it to $100 in the next 6 months. So it's not a bad idea to get into it now for a term period. I would sell and get other things with that money. paper silver is a scam. when i buy silver....i want real silver.
dougluvn 11 months ago
@dougluvn
Thats a long term objective research silver and see why.
davincij15 11 months ago
davincij15, I read somewhere where banks & brokers are buying & even borrowing gold from each other because it's scarce--unlike diamonds. Forgot where I read it but it's crazy how the banks do this to maintain an appearance of supply, and also to manipulate the gold market too. Are you still making vids? Haven't seen a new one.
pitolove71 11 months ago
@X1REME Ok, the digital money analogy is the first I heard of in the youtube or internet. I first heard it from you. I've hypothesized this long ago when I heard of the RFID chip. I believe those pushing for this tech. will use fear mongering & other tactics. Imagine? Lowers crime rate, nothing tangible to carry. Your medical info is there so paramedics can help quicker. You can open door locks, cars, etc with a swipe of the hand. No card carrying. RFID right into the skin. Great concept. Scary.
pitolove71 11 months ago
@X1REME
What happens when someone borrows money and does not pay it back? Are they able to borrow that money from the same person?
NO.
Why?
Because confidence is lost.
I see... And what gives the dollar its value?
Full faith and CREDIT of the united states.
Soooo what will happen if the faith and credit is zero will the be able to get it back the next day?
davincij15 1 year ago 2
This has been flagged as spam show
GET CAT FISH MONEY TO BUY SILVER!
w w w . my cat fish money . com
Get 6 meals to try for FREE !
Survive The collapse ! Help for your Family!
GET AN INCOME !
w w w . virgil . my e foods . com
EAT HEALTHY - EAT SAFE !
TheDigitalWeb 1 year ago
this just in
The U.S. government had been planning to topple the Egyptian President for the past three years - that's according to diplomatic cables released by Wikileaks. The files show Washington had been secretly backing leading figures behind the uprising. Reportedly some fifty people have died and hundreds .
xspettacolare 1 year ago
even with silver U can buy it as an ETF etf's are just receipts which says U own this amount. also if there's ever a crash gold silver will then be arbitrarily reset to value; the fed sets the trend. gold silver is no different then any other commodity it's all about going short or long. this is all fear based nonsense which reminds me of Y2K. the dollar will never be allowed to crash. dollar will only be allowed to lose value , but never to crash that's a fact.
xspettacolare 1 year ago
false silver per oz will never go to 1000$ the fed controls prices of gold & silver they set the trend,so they decide the price value; not the individual. the individual doesn't have a say in the matter.even if silver is more rare then gold, the speculators still has the call at the end of the day, it's false about gold there's still not enough gold to cover all the debt of the world that is why the fed created ETFs
xspettacolare 1 year ago
@xspettacolare
Well then I guess you are right just like the people who said that gold will be always held at $35 because the government and controls it.
Last time I checked the government can't change reality.
davincij15 1 year ago
@davincij15
listen ive worked as a stock broker , so I know the deal; most of the buy gold silver ads we are hearing about is just hype. also dont forget they all charge 15% commission fee . also if U notice all them ads suddenly pooped up, where were they then? so it's all about making money off the fear mentality; there wasn't money in gold @ 200 bucks but now suddenly gold is @1400 now there's money to be made.
it's a ponzy scam! they don't care about U.
xspettacolare 1 year ago
@xspettacolare
People should not pay more than 6% over spot for gold and silver or they are getting ripped off. Caveat Emptor.
The ponzi scam is the dollar, it's created out of debt thus require someone else to go into more debt so others can pay off their debt.
Look we are not going to see eye to eye on this issue and I am cool with that. Since you are a broker you can easily take the other side of the bet of gold and silver buying.
This way we can let REALITY be our judge.
davincij15 1 year ago
@davincij15
right there's a diffrence between price value,bid,& spot,spot & bid tend to be 5$ diffence.nah the dollar isnt a ponzi scam.the dollar for many many years have been stable,but it's the fed that fucks up the dollar value.
as far as debt well; i blame the american people we spend money which we dont haveWE ARE THE PONZI SCAM U & ME; even if we go back to the gold standard;it's still not gonna fix this mess.the stupid reblicans & demoncats did alot of damage though deregulation.
xspettacolare 1 year ago
@xspettacolare
If scum bags have unlimited money to lend and no one want's to borrow, last time I checked they would lie to people and tell them they can afford it because they are SCUM bags.
We are arguing here if people should not have fallen into the trap of borrowing but why the heck can we not ask the question why was unlimited borrowing available in the first place? Is it logical to have virtually unlimited lending to humans who have unlimited desires?
davincij15 1 year ago
@davincij15
I agree we live in a world of scum bags & selfish people.& lenders who exploit greedy people who have a need for things they dont need. I wouldnt ever borrow from anyone ,because I know the game; it's a fixed game; even if I borrow money from U the banker U know there's a chance I cant pay it back ,so what U do is U sell my defaulted debt . so U as the lender still make money off buying & selling of debt.
everyone wins in the short term ,but the person who defaults.
xspettacolare 1 year ago
@davincij15
oh by the way I dont have a problem with you buying metals ,i think it's a good idea, but I also believe folks should also buy dryed food goods; food that can last a long time with out going bad but my question to you is why do you trust & have so much faith in the market ? you know it's a ponzi scheme
gold sliver will crash rise in value just like anything .
xspettacolare 1 year ago
@xspettacolare
Gold and silver is money. That statement has no meaning to you and probably never will.
davincij15 1 year ago
@davincij15
hmm is that a fact? well who is the one who sets the value of the gold silver?
how long do U think your little stash of gold silver gonna last?
xspettacolare 1 year ago
$1000 per oz for silver will never happen till the end of the world. You' must be dreaming or getting way too stoned. Btw, there's never a trace of evidence shows that silver is more rare than gold above ground or under ground.
mich65ek2 1 year ago
@mich65ek2
Hey man I can see you have studied and know better than me. How do I know? Well you called me stoned and dreaming so that's enough evidence to any intelligent person to see that you are correct and I am wrong.
LOL
davincij15 1 year ago
@davincij15 What do you think about copper?
lexlaw007 1 year ago
@lexlaw007
Copper will go up but you will need a lot of it to see profit.
davincij15 1 year ago
@lexlaw007
copper is a good investment ,because copper is still in high demand . copper is up around 5 bucks.
it has been making high gains on the commodities front plus it's in high demand..
we just heard last week china is putting caps on exporting rare minerals cobalt etc.
keep in mind gold silver are still speculative stocks.
xspettacolare 1 year ago
@mich65ek2
silver will never reach 1000$ that's BS. the buy gold /silver companies know the average guy on the street cant afford gold at 1400, because gold @1400 is risky even for the big guys,so they have to sucker in the silver folks,cause the little guy is easy pickings he can afford silver,so then they will charge high commission fees on silver.
as a broker myself we have a saying dont pitch the bitch..
xspettacolare 1 year ago
@NakenKenguruTiss I would love to see Walmart get buttfucked!
spiff2003 1 year ago
Davin your the man. I had to laugh when you said the price was $16 when this was made. :) Someone made a profit. Im going out to get some this week. For those of you that dont know look closely at JP Morgan Chase and their silver manipulation. Max Keiser Report on youtube goes over this in detail with every episode. If you think silver is high right now at $30 you are going to shoot yourself when you see it go over $1000 and eventually $5000 in the coming years. It is SO RARE!
NuclearSiege 1 year ago
@NuclearSiege
We did not profit yet because we did not buy anything with silver and the price of everything else went up as well.
davincij15 1 year ago
Ron Paul touched on something the other day I thought was awesome! "Allow for a competing currency." This way if the Dollar goes to sht, were not stuck holding the bag. We have a way out.
We know the Federal Reserve would fight that tooth and nail, they need that monopoly on the dollar & would NOT allow it. I say screw them! Put it to a vote!!
If people want to use Dollars (OR) Gold/Silver to buy goods and services....why not? Because the Feds know in time.,it would Render them irrelevant.....
Tanarus20 1 year ago
How do you know if the silver you buy is the real deal. Is there a test you can do w/out screing up the metal??
Tanarus20 1 year ago
@Tanarus20
Ping test is a good one. Just hold it on your finger and hit it with another coin it should have ringing ping.
davincij15 1 year ago
@davincij15 thanx
I got a bunch of silver eagles & they do have a ping sound to them.
Tanarus20 1 year ago
@NakenKenguruTiss
They will get a bailout with the new dollar.
davincij15 1 year ago
soVun & tonyifinity. (1) soVun, obviously you cant understand the concept of $. If you had a clue, you never would've written such an uninformed comment. My uninformed cyber-neighbor U will be 1 of many with barrels of paper $ & starving. (2) tonyinfinity. You probably were not around when Ag. circulated. He uses the dollar as a gauge so people like you can understand. When Ag. is re valued It will again be money & the dollar that you were brainwashed into believing was money will be GONE!
nyanga4338 1 year ago
@soVun
Clearly you think it will be my fault if it does happen so I'll delete your rude comments and block you. Good day.
davincij15 1 year ago
@davincij15 get rid of him, why can't he just disagree!
Vambo1958 1 year ago
@Vambo1958
I don't mind people who disagree only those that name call and swear.
davincij15 1 year ago
dumbest thing i've ever seen on youtube
soVun 1 year ago
@soVun
I will not delete this video if I'm wrong will you delete you comment?
davincij15 1 year ago
@soVun What was so dumb about it...I'd sat the man was mostly Spot On !
You know what's dumb- all of the people who just don't care until it's too late !
Glsfutrs 1 year ago
This has been flagged as spam show
@soVun a couple years ago 1000$ gold would have been "dumbest thing i've ever seen on youtube" ... buy some silver and if he is right, your a winner :)
silveraustralia14 1 year ago
F*** man i love your downloads and look forward to your next..I am an englishman living in Spain,the austerity measures and the backlsh that this will bring is only the start of it ,i just wonder how much longer they can manipulate the price of this precious commodity,keep up your great work ,you and many others have awoken me to silver 3 months ago and hey its unbeleivable the increase in price since then ,although we didn,t have a great amount in the bank at least our investment now is 47% up.
benytink 1 year ago
Great videos. You make a lot of sense. Right now at these high prices of silver I am cashing out, I was curious as to what your are doing with yours?
starwarscary 1 year ago
@starwarscary
I'm Holding it's early paper money has value for pay off debts and the government will print as much as it needs to pay it's debts.
I'm basing my investments on 6000 years of historical evidence not 30 years in that time all 100% of all paper money have gone to zero and 100% of the time silver and gold have never gone to zero.
Good luck may you be able to buy back in at a lower price.
Cheers
davincij15 1 year ago
you're going mad you are! it takes a loony to know one!
CelticReject 1 year ago
True, we are consuming more than we are MINING, but about 100 million ounces are recycled. Supply has actually EQUALED demand for the past 10 years, because the government is selling off ETF's. Why would the guv want to keep the silver price down??? Becuase it attracts you away form their WONDERFUL federal reserve notes.
lXlRIVERlXl 1 year ago
look at zimbabwe.. i dont think silver will be around 1000 dollars an ounce.. no way.. it will go millions.. per ounce >.> if i look at zimbabwe.. and look at money supply all around the world.. its going through the roof anyways xD 30 trillion yen bailout last month.. and trillions of dollars stolen by banks.. goldman sachs etc.. xD! if you calculate literally everything 1000 dollars an ounce silver is just a really small number..
L0cAlEconomy 1 year ago
I NEVER LIKED GOLD I HAVE SILVER CHAINZ AND CHRAMS
ALMIGHTYIGZ 1 year ago
If silver ever gets to a $1000, that must buy you nothing.
Flagstaff12 1 year ago
Here's what i don't understand, if the US dollar is collapsing, and you use your money to buy silver, and hope that it goes to $1000, then you have to sell it to get the US dollar "that is crap" back in your pocket. So when the US dollar collapses, what are you going to sell your silver for, $1000 dollars that is now worth nothing?
tonyinfinity 1 year ago
@tonyinfinity
The point is you or the person you want to trade with can easily trade the silver for dollars if that's what you need to pay debt.
davincij15 1 year ago 2
@tonyinfinity its as much a means of investment as it is a means for survival its at $21 now but as it moves with hyper in flation it could be worth thousands in the paper market therefore your investment has costed you less but has kept its inflationary value to keep you with true purchasing power you cash it in and you will have more than those that didnt invest in silver in other words you will keep ontop of inflation
rolficus 1 year ago
@tonyinfinity if you spend $1000 to get 50 ounces of silver, then you'd have $50,000 when you trade it instead of the $1000 you started with. Keep in mind that the time is coming when a loaf of bread might cost $400....how much will you eat with 50 ounces of silver versus the $1000 you saved in the bank now?
jdjbarnat 1 year ago
@jdjbarnat
not too mention that many assets will also be severely undervalued while other commodities like PM's become overvalued due to demand from the public.. Eg real estate and shares in companies. So though food may go higher it doesnt necessitate that other products may go up along with inflation. This is what makes buying into commodities so brilliant.
Russian2Kangaroo 1 year ago
This has been flagged as spam show
@tonyinfinity 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
6 months. Still waiting.
dannydarias1 1 year ago
@dannydarias1
Try 5 to 10 years dude that's how long this bull market will take to play out.
davincij15 1 year ago
@davincij15 So gold going from 285 to 1300 , and silver from 4 to 20 is not enough ehhh... Seems to me like a nice hefty profit for the last 10 years don't you think? And the bull market has already been running for 10 years by the way. Good luck dude.
dannydarias1 1 year ago
@dannydarias1
There is more to it than that but don't let me catch you buying at the end like a tech stock. Or I will be sell to you.
Fear not I will be here on YouTube tell people not to buy and warning of pending doom years in advance but you will not listen ether.
davincij15 1 year ago
@davincij15 You are talking to someone who was asking people to sell their real estate properties back in 2003-2005 my friend. I sold all my stocks in mid 2007 and shorted the market into 2008. It's not a matter of listening, it's a matter of having the balls to see the truth before the masses do. The masses see gold going higher.
dannydarias1 1 year ago
@dannydarias1
Right I live in Canada ALL banks sell gold and silver coins and bars, I went to the mall and asked where do you buy your gold and silver coins and bars.
I don't know is the answer, if I ask do you have any bars or coins every single person said no. EVERYONE.
Finally, Jim Rogers asked a group of money managers managing trillions amongst them all and 88% had no gold or silver exposure most of them couldn't even spell gold.
Bubble? LOL
davincij15 1 year ago
@davincij15 And you think this is all good right. Let me just give you an analogy and you will see I have a point. You know why those people at the mall did not have any coins or bars right? Everyone has been buying them. Also, Jim Rogers is a very astute investor. If he went around telling people what he did for free, he would not be as rich as he is. I don't think I have to explain about the MM's. Seems to me gold is way overbought and has been showing it as of late. Another spike up and done.
dannydarias1 1 year ago
@dannydarias1
Then let us let reality be our judge, jury and financial executioner.
I will buy on any major weakness.
davincij15 1 year ago
@dannydarias1 i kinda agree. but i have a question.. cant't silver be replaced by another metal, like how coal industry was replaced by oil industry?
Jay123u 1 year ago
@Jay123u Did homes get replaced by something else after dropping 30%? Did oil get replaced by something else after it dropped from 150 to 50 bucks? Remember peak oil and how oil was about to run out? The issue is credit has caused ALL these assets to inflate. Call it hyperinflation or whatever, but it has been happening for 30 freaking years. The credit bubble has popped and all you guys are thinking we will see hyperinflation when in reality it's the opposite. My bet is on deflation.
dannydarias1 1 year ago
@dannydarias1 Negative dude. The system is built on debt, if the money system doesnt expand the system fails. The only deflation we are having is in the housing market, which will last for a 3 to 4 more years. Banks are hoarding money right now, wait in 3 to 4 years when the tsunami of cheap lending dollars hits the market. INFLATION. I dont think silver will hit $1000 (thats nuts), but $250 is very possible.
TheEarthGerm 1 year ago
@TheEarthGerm I dont discount inflation at all. But reading your OWN comment. If the system is built on debt (credit) and that system fails (collapse in credit), than tell me what will replace the inflation that that debt has induced? Let me guess, the Fed will print right? Wrong, they know that printing and rates is all they've got. Again, there may be inflation, but I dont see it anytime soon.
dannydarias1 1 year ago
@davincij15 I've been around for a while dude. Let's just say that the pioneers of this were the housing bubble heads which I've been following since 2003. And on top of that, I was buying gold hand over fist back then. I am not a newby.
dannydarias1 1 year ago
ho my God people will be in tears when the time come cause this is so true so so true
if you don't believe him do your own research, I did my own research and those in the circle are buy silver like crazy.
Buffet,bill gate,the Saudis,the chines, and the list goes on.
armellabe 1 year ago
true I'm a specialist in the commodities ETF and you are 100% right. Buy all the silver you can because it will happen very soon.
armellabe 1 year ago
If inflation keeps going the sky is the limit for the price of metals especially silver. If silver does surpass gold this time versus last time's peak in 1980 silver could hit $2,250 an ounce at least.
SuperZed21 1 year ago
This is a ridiculous video. Im not sure if u fell on your head because I used to watch your videos with an open mind. This is absurd, if you were to make an argument for gold doing whatever its going to, look at the historical ratio. Gold is real money and there is no shortage of silver, research how Maloney/Kioyaski are making this up.
tg4nfl 1 year ago
@tg4nfl
You have made up your mind that's fine I will not try to change your mind. All I can say is that reality will be our judge jury and financial executioner.
davincij15 1 year ago
I believe you, when it is first widely known, then accepted, that silver is THE most powerful medicine on the PLANET, then you will see a 70-1 ratio again but it will be gold in relationship to silver, shoot, if the shit really hits the fan ala global pandemic then silver WILL be on the verge of being priceless, 9999 silver as opposed to 999 silver which is 10x more pure for those who count, just look up the term colloidal silver and see for yourself
efreeme7 1 year ago
Who on earth will BUY your $1000/oz silver??
It's sad when people lose all sense. Do you REALLY want silver to go to $1000/oz? That means the absolute end of the US and rising chaos. Where will you be when that happens. If silver ever went beyond $50/oz, you wouldn't want to be in the US.
Gold and silver bugs, please actually think about what you are saying. Betting against the dollar is fun, until you're caught in the middle of it.
llmasterkll 1 year ago
@llmasterkll
I'm not betting on against the dollar. I am saving real assets and I hope the dollar last as long as they can hold it together and they manipulate the price of silver and gold stays low as possible.
Why?
Because at the end of the day a Ponzi scam always ends badly.
You can hope and pray it will not end all you want but end result will be the same as Madoff investment. I did not make up the rules of gravity just I live with it. :)
davincij15 1 year ago
@llmasterkll No one wants silver to go that high. But whether you like it or not, it is going that high because the federal reserve and the illuminati are going to crash the dollar on purpose. If you havent forgotten, money is SUPPOSED to be backed by gold and silver. Gold and silver is TRUE money. Cash just represents fractions of gold and silver. When the dollar crashes and you have no gold or silver, you have no money at all. If you have gold and silver, you can cash it in for gold and silver
Metallicafan6611 1 year ago
where can you buy the cheapest silver ( which can also be sended to holland cheap)?
jemoeder9090 1 year ago
@jemoeder9090
I have no idea for your location.
davincij15 1 year ago
@davincij15 how about for Canada?
rzpaintball 1 year ago
@rzpaintball
The USD is the reserve currency and we have billions of them at our central bank. If they lose value so does the value of our currency because it's based on the value of all our assets including the USD we own.
davincij15 1 year ago
@davincij15 ohh. so where abouts do u buy your silver ?
rzpaintball 1 year ago
@rzpaintball
Apmex mostly.
BTW because every country has USD or USD debt this makes the collapse world wide but also makes country want to keep the ponzi going for as long as possible.
This means the timing is difficult to predict as resources can be thrown at it to keep the ponzi going until the every day guy like you and me figure it out.
davincij15 1 year ago
you look like mike tyson..way cool. I think you are absoloutly right. I only wish I was a millionaire and could buy like a million ounces of silver
dunneoh 1 year ago
@dunneoh
Same here.
davincij15 1 year ago
Dog gone it having technical diffs posting just search (withdrawal to deposit ratio comex silver dealer inventories) and you should find a lot of corroborting info. I learned about it a couple of months ago.
drewzillasaurusrex 1 year ago
The withdrawal to deposit ratio over at the comex on silver dealer inventories has been an average of 14:1 for over 7 months now. We have about 16 months at that rate before we realize an unprecedented economic event. That is no inventory to draw down upon. Things should start to happen fast then. Thanks for all the detailed info.
drewzillasaurusrex 1 year ago
@drewzillasaurusrex
Where did you get this info? How can I verify it?
davincij15 1 year ago
@davincij15
drewzillasaurusrex 1 year ago
i have a lot of silver bars man i will be rich bitch
nate6474 1 year ago
@nate6474
not tomorrow or the next day but in 5 to 10 years yes.
davincij15 1 year ago
Buy silver now, dont miss out., just buy a little every week or month. Sure silver/gold ratio will correct itself at some time soon and will be worth much more than it is today.
09SRILANKA 2 years ago
For sure. Over the last few months I have built up enough money to buy over 500 oz silver. By the end of the year I will have about 1500 oz. I'm sure you will agree with me that by paying a little premium on 1 oz coins now, it will make for very easy liquidity of that silver for spending cash in the future!
ToyMaster83 2 years ago
Do you really want to live through an economic time when silver price hits $1000/oz? At that point, guns and ammos, seeds and land to plant your own food will be more valuable. I own both silver and gold btw.
soundzero 2 years ago
@soundzero that is not true. Look at paladium for example, and you could have said the same thing. The bottom line is without silver the world as we know it doesn't exist. Its used in just small amounts that even 1K per ounce will not add that much to the price of a finish product but silver HAS to be available for that product to be finished. I believe in the next 5 to 10 years time, no matter what the ecomony is doing silver will move to these levels because of its properties along.
AEKARA27 1 year ago
I'm sorry davincij15 but you confuse me. You provide a thoroughly convincing argument as to why silver is underpriced and that the price will eventually explode. Then you say that the price is manipulated down and the current price has nothing to do with market forces, so which is it, price manipulation or market forces? You can't have both.
booktop 2 years ago
"Then you say that the price is manipulated down and the current price has nothing to do with market forces, so which is it, price manipulation or market forces?"
What are you talking about the explosion will occur once market forces are set free. Right now the price is artificial like madoff returns.
davincij15 2 years ago
Gold is understood as a monetary mental more than any other thus like a currency it's moves are smaller.
davincij15 2 years ago
Davinci you are a Sage.
Silverstampede d0tc0m
09Silverbull 2 years ago
sweet stop motion intro!
phaseless 2 years ago
I made it myself thanks!
davincij15 2 years ago
davinci what do you think on the silver electrobes used for medical use. Those are .99999 pure or somthing. would it be worth buy a bunch of them or .9999 silver bar.
FridaySternShow 2 years ago
If it was cheap then buy.
davincij15 2 years ago
I believe silver will double in value in the next year. I'm not sure why you think silver will be $1000 an ounce. Maybe you are factoring in the complete devaluation of the dollar. If you buy silver with money that is almost worthless, it takes more.
kellianneharper 2 years ago
@kellianneharper simple. According to geological data silver will be the first commodity we run out of at current use rate. Some data show as early as 2016. if that is the case does it matter what fiat money is being used at the time?
AEKARA27 1 year ago
come check out the merchandise on my website! :)
EChic611 2 years ago
I'm stock piling silver myself.
seka1986 2 years ago
I've seen a few, trying to call silver prices lol,.... If ANY of us could call the spot prices, we'd all be RICH!
profesas 2 years ago
You can call the spot price 60% of the time with technical analysis. It's just not perfect or we would be rich.
Some day traders have gotten up to 98% accuracy but they are multi millionaires.
I can tell you that silver WILL go to 1 to 1 with gold $1000 is an irrelevant quantity to get viewers who think in dollars.
$1000 40 years ago was 30 oz of gold and a price of a new car, what's gold and the price of new car today?
davincij15 2 years ago
" can tell you that silver WILL go to 1 to 1 with gold "
i hope your right,....
means i'll be able to get a descent small house with my silver stockpile,....
profesas 2 years ago
this man is correct with is views of shadow government, market manipulations, ect. he is correct that silver is under valued also. one point he misses is inflation from printing money. if you print money it waters down the purchasing power of each dollar...SO BASICALLY...THE PRICE OF GOLD HASNT GONE UP AT ALL....THE VALUE OF THE DOLLAR HAS GONE DOWN. WAKE UP.
jasonxb 2 years ago