There is something about the 20 ies. There were call loans made by the banks these loans were used to buy stock. The FED called all there money the banks called there call loans to stock holders they sold there stock to other people selling t stocks and the stock market crashed. The FED caused 1929 but Kennedy was killed when he printed United States Bank Notes.
DONT READ THIS Cause It Really Works. YOU WILL GET KISSED ON THE NEAREST POSSIBLE FRIDAY BY THE LOVE OF YOUR LIFE. TOMORROW WILL BE THE BEST DAY OF YOUR LIFE. HOWEVER IF YOU DONT POST THIS COMMENT TO AT LEAST 3 VIDEOS YOU WILL DIE WITHIN 2 DAYS. NOW UV STARTED READIN DIS DUNT STOP THIS IS SO SCARY. SEND THIS OVER TO 5 VIDEOS IN 143 MINUTES WHEN UR DONE PRESS F6 AND UR CRUSHES NAME WILL APPEAR ON THE SCREEN IN BIG LETTERS. THIS IS SO SCARY But IT rEally worksnnn
The morons that are saying gold and silver are not going to be worth anything must be retarded. We have been selling weapons and hunting equipment for over 20 years and always want bullion. Why are China and India selling off their dollars and buying bullion.
I think Peter Schiff put it best when he said that buying gold and silver is reserving your current purchasing power of your dollar. Meaning the value is directly related back to the day you bought it.
I agree with you but problem is gold and silver won't be worth nothing in this country and that means fleeing this country and going to another where one can cash it in..can't do that .....Now best thing is get out now!!
Wow, how is this possible that a real thing that is rare has no value and you believe the dollar does. What amazes me more is that there a so many people like you.
For 6000 years men had to work to find and mine gold that was not easy to find, for 100 year men had to sign a document promising to pay back dollars and then dollars where created.
Clearly you are intelligent enough to know a real thing that required work to create is worth more than a piece of paper created by someones promise.
I agree my opinion Bullets Currency of the next Generation seriously not too damn easy to mass produce smokless rounds and good brass..so stock up cause with shit in Mexico and the Scum we have for Leaders ...time to stockpile for Armageddon...!
@deltaalpha21074 no because even if the dollar dies and they introduce a new form of currency...silver and gold, palladium and platinum will still be valuable....they are like a worldwide standard...any country will accept gold, silver, platinum and palladium....but not every country will accept the dollar or some other nations currency.
@zw0ecool for a very short time very short time ---USA collapses then it's utter Anarchy for every other country and no question pure starvation ---we export so much food and keep the peace with ARMIES but just take a look at Egypt and Libya...... any questions? Cash in that precious metal now --but that is just my "OPINION"?
@deltaalpha21074 First of all never bet against the United States. Even though we are in debt up to our eyeballs the United States of America is still the most powerfull country on Earth. Just like Gordon Gekko said in the 1987 film "Wall Street" "We make the rules pal, the news, war , peace, famine, upheavel, the price of a paper clip....we pick the rabbit out of the hat, while everyone sits around wondering how the hell we did it."
@deltaalpha21074 Lets just say the US does collapse, all they will do is create another form of currency. If you have gold then you have something of value I don't care what anyone tells you. Just like Jafar says in the Disney movie "Aladdin" "You've heard of the golden rule haven't you??? The one who has the gold makes the rules." This simple understanding brings the most wealth to people. Gold, Platinum, Palladium, and Silver are king end of story. Don't let the govt take ur eyes of the Gold.
@zw0ecool YOU are right but not in USA what you really think this complete failure of crap that cannot even build roads ,Bridges,or even figure out how to create petty jobs??? Think they will actually say hey let us mint yes create coins or some form of BARTER with gold and silver,yeah you see if stores convert to that BULLSH##----IF i were you and you do have gold and silver ect ect ...go and cash that in NOW!! Be smart and if you have allot of GOLD now cash that in !
@deltaalpha21074 It's not a complete failure. My roads look fine. You are just one of those anti government people, that thinks the govt is out to get you. The government has an agenda to move this country into a one world government, they know exactly what they are doing. The government knows everything, they know where we are right now in space, how many more spins for the year to end, everything they are not stupid. If they are doing it it is because they want to achieve a certain outcome.
@zw0ecool OK OK you go on thinking US GOVT... is so in control of both USA or a real future. Yeah look at how Well they are handling Health Care,Housing Crisis, --JOBS ect ect ect...keep on living in wonder land..I have to live in Reality. And no US Government did not do 9/11 they could'nt pull an operation off even 1/10 that well....HA HA HA! Try NWO did this....CIA Spooks ....which are about as Government as FED EX>?
@deltaalpha21074 As government as Fed Ex...you got that from that stupid anti government video. Government knows everything. They know what's going on, they're not stupid. If they are screwing things up it's because they want to, and have a plan for something else. The idea is to go global, kill the dollar, and introduce a new currency. Government takes care of your ass and you don't even know it. You think they don't have secret ops that no one knows about??? Everything we have is bcuz of govt.
I'd also add that David Walker also narrates an amazing documentary called I.O.U.S.A. You can check out the 30 minute 'byte' version on youtube by typing it in the search engine. If you think that inflation is a problem, check out the 57 trillion dollar meteorite in social security, medicare and other unfunded entitlement programs that are set to knee-cap the U.S. It's a wonderful eye-opener - further underscoring the necessity for personal financial/capital preservation with gold and silver.
Davincij15 I'm afraid I have to correct you - and in doing so, more than underlying your point. According to David Walker, former head of the GAO - the U.S's top accountant: "A billion dollars (not a trillion) of Grover Cleveland 1000 dollar bills stacked from the ground up, reaches 67 miles high." Type in "a billion dollars" in your Youtube search engine and see his mini-doc. A trillion dollars is a thousand times larger than that: 6,700 miles high. Or NY-LA back to NY stacked with those bills.
Phase 1 was the housing bubble that broke. So what is going to happen when phase 2 hits everyone. The retail bubble bursts. I can picture so many small businesses going under in the next 1-2 years. Tons of empty retail plazas and many more out of jobs.
Your message like Peter Schiffs will appeal to common man who has lot of frustration/anger against governments and the banks... But that doesn't help them either... I still believe 100% exposure to precious metals will bring doom on whomsoever... Even Marc Faber recommends only 10 to 20% exposure to gold...
Economics is not like mathematics... It is not 100% predictable... A lot of it depends a lot on human perception and action... It is wiser to always have an exit strategy in this field when things don't turn out as one would have reasoned out...
That is a decision each individual will have to make.
Me I am going with history, all empires end with debasement of the currencies and all governments have destroyed fiat money. I have 2000 years of history and a fed chief named helicopter Ben on my side. LOL
With all that said if the monetary system is not in a state of collapse by the end of March I will start looking for signs that it will go the opposite way.
Marc Farber the news commentator? It's funny how some people just watch TV and buy or sell based on what the guy on CNBC says. You should read Mike Maloneys' book. Do a little research, turn off your TV.
Even Mike Maloney listen to Marc Faber... :) Check out for yourselves... It is funny that some people just browse the internet and buy or sell based on what the guy on YouTube says... You should read Marc Faber's book. Do a little research, turn off your network connection... :)
this is still the time (however already somewhat late?) to get that silver and gold.
What i mean is, that it would be very strange if this relative low prizes remain like this.
The dips in the gold and silver prizes (at least in dollar terms, euros it looks like it was still going up all the time) is a message from heaven to buy (not that i am religious, but you know what i mean). It is the silence for the storm.
If you only convert 50% of your savings into precious metals and keep rest in fiat currency, you will have a balanced view towards gold and dollar. You wouldn't wish for an economic collapse... Also you are prepared in case it happens...
So your advice is to take $200,000 and bet $100,000 that the government will not print more and will actually allow the money supply to fall thus causing interest rates to rise. And take the other half and bet they will print until more to save their rich friends.
You think about that for a second as get my gold as payment in full.
The problem with all this gold/silver hoarding is that once your 100% savings (100%+ if you buy on your credit card) is in bullion form you will be constantly talking about gold/silver and wishing from the bottom of your heart for total economic collapse, hyperinflation and all all kinds of bad things...
Adviser: "Invest for the future because if you just save cash inflation will get you."
Me: "Why can't I just save cash?"
Adviser: "You can but as you can tell things are getting more expensive."
Me:"What can I invest in?"
Adviser:"Stocks have a good long term average!"
Me:"But the only thing that's up in the last 8 years is gold and silver because it's payment in full and even the dollar has lost an average of 50% against real things!"
Any one notice that 1 oz and 10 oz silver bars are hard to come by? Strange. I can find any gram weight and form (bar or round) of gold but silver is disappearing fast. And i'm not talking about the high ebay prices.
of course there can be a correction of the gold price following.
But i dont care much about the price of gold or silver. Only it would be nice to have it lower because i could buy more.
I dont care much about having a lot of fiat money, because i think it is dangerous at the moment. I will not buy big things in the near future, only food for example.
True, as manufacturing slows down, so will the consumption of resources. Silver is interesting because i hear of new uses all the time. Some of the latest are for solar nano cells and nano silver linings. The silver linings are becoming popular because they inhibit the growth of organisms on a surface. Many of the latest products such as refrigerators, toilets, toilet seats and shower stalls have these coatings to reduce surface bacteria etc.
I think a safe ratio would be 70% silver and 30% gold or 60% silver and 40% gold physical investment. I would still be a little careful about putting all your savings into these metals. Some may say to put all your savings into them but i'd be careful. Silver is far lower than it's all time high. Gold is rather high compared to past. But i still think gold will rise even more. 1500-2000 range. And i can't even guess how high silver could be. Silver does have a vast industrial use.
That's fine there is a small chance that everything will work out and the government printing more money will not lead to higher prices. I only have a small amount of money in betting on that small off chance.
With that said the worst possible outcome is the dollar amount is reduced but you purchasing power stays the same. However what is the likely hood of such an outcome? I say very slim. But who know Obama may say fuck the banks let em go under and the dollar value will rise.
Thank you Thank you Thank you Davinci! I hope you don't mind, but I'm going to use your video to help my wife understand why I have been switching to gold/silver for the last 8 months. Don't worry, I will also show videos from Peter Schiff and others. ...As long as she will keep watching. :)
Show her Marc Faber videos... His talks are the best to watch... Davinci just report others findings... Peter Schiff is not all that correct in his forecasts especially of the dollar and the asian decoupling...
Good point --- And yes, I will add Marc Faber to the list. The toughest thing is to not overload her. She is very smart (Dr.), but her attention span is very short with this financial stuff. Perhaps I should just tell her the shoe stores are going out of business??? Thanks for your help.
So are you doing like stella and hedging your PM investment in your canadian commodity currency against a possible US dollar collapse? (say to 50% of current forex rate, which would chew into PM price sold in US dollars)
we gona look at this era as the ''good old times'', now we going to move on to the era of a global slave trade and if they make a dijital currency then trust me there will never be no mass revolution, quite simple u argue you and your family get no food, this is the reality we going 2, get ready for it
Since i found out how the economy works from your video, its totaly made me rethink so much about the obviousness of an economic downfall and the world kidding there making money of debt and fake paper, building grandiose cities in dubai and vegas of money that does not exist was always a recipe for disaster, and now i know i will never be able to pop down the street and get simple things shipped from abroad such as olives, banana's grapes ect maybe a year or 2 from this very day,
the fed pay the banks in dijits not real note, then print a little latter, then give them to the banks and the banks give them out to society when loans are taken out,
By the way folks - $10 trillion US debt is $100,ooo for every single working American (assuming 100 million of them.)
$50 trillion = $500,ooo per person
$500 trillion = $5 million per person (which far exceeds average persons wealth - the deby will have to be passed on to non-US citizens. We're all gonna pay for Wall Streets fuck ups!
Breaking news.... dow down 129 pts 7650... gold 960 the dow is worth less than 8 oz of gold in nov was worth 10 oz in jan was worth 9 oz in feb is worth 8 oz .... see any patern here guys april ....will dow be worth 7 oz gold .... woof ....
here in Mexico silver libertad is like 15$ US dollars, but it's getting expensier for peso value.
DId you know that u can sell mexican silver ib the US or Canada y have family in different cities in the US and Canada and i'm thinking to go with them, but i need to know.
Thanks & keep doing what you do
Greetings from Juarez,Mexico, by the way is in the US-Mexico border near by el paso, texas
man that was a wild 4 hrs think was play out of asia as soon as london opened all hell broke loose want no part of that .. take my 13 bucks and run .. all bets off now .. get some sleep tonight 5.30 am for ny .. be an interesting morning .. take care... play hard ...
APMEX hasn't had any 10 oz silver bars on their website lately. A week ago they had some, then the next day they didn't. The very next day they had some 10 oz
A-mark brand bars and I bought some. The next day they didn't have any on there and still don't..
Do you think 10 oz bars are getting hard to come by?
What other places would you recommend buying from?
Wish I could buy more gold/silver. Can't let go of the cash I have. Need to keep enough on hand to make it through a year of tough times. Also, thinking of buying a couple of acres of land just in case.Thousand round cans of .308 cost $750. 270 & .40 cal rounds add up. Stocking up on food/clothes/essentials. Wish I could buy more. Glad Davincij15 convinced me to stock-up on silver in December, though. Just wish I had more. Batten down the hatches boys! Rough seas ahead.
OR... $1T is $100 bills stacked 670 miles high, the $1000 bill has not been printed in over 40 years. Anyone notice how they gave Woodrow Wilson the "honor" of being on the biggest "federal" reserve note ($100,000), after all he was the traitor who signed the federal reserve act into being while most of congress was on Christmas vacation in 1913.
anyway...I never, NEVER...NERVER wait for silver...!!... I own silver...How much?..Lots. I know what it takes to pack and ship and 8 weeks is nuts... Folks, be very careful in how long you wait..... Silver in hand is far better than send me the money and I'll get right on it... You'll understand why when the day comes and they say sorry, we have to close the shop....
guys ..want a laugh .. go check silver chart chopping 2 cent range last 12 hrs ..ridicules no one knows what to do .. waiting for geitner to open mouth then will jump to 14 .... bank plan Wednesday get read ..to load up bad banks no biscuits.... woof
Really enjoy watching your videos. Very smart and informed individual. Nice to see a black guy that did not vote for that totally inexperienced, corrupt, and a fraud of an individual, Obama. I would have voted for Ron Paul also, but he had no chance, so my only other choice was McCain. Keep up the great posts!
No, you had other choices other than MSM tells you. There was Green party, Libertarian party, an independent, and the constitutional party. Because you get you information from the MSM you did not know you had several parties to chose from and when you go to vote it's not given to you as a choice in some states you must ask for those parties.
what do you think guys think of the fed buying gov.bonds for stimulus package because asia is tired of buying? isnt that the same as me going to my friend for a loan to fix my driveway getting denied then saying "okay instead of getting a loan from you I will sell an IOU w/interest to the bank because they dont want me to go down and they think i will be better off with a new driveway."this is pure inflation.direct monetization.
nwt mint rounds are cool on back is written "silver trade unit " hope it don't get to the point of one trade unit for one loaf of bread .. guess it could be worse if you had dollars ... load up guys .... mcsilver.... quarter pounders hold the cheeze... woof ..
Man - I love your videos - its so nice to hear the voice of rationality after talking with a bunch of lemmings all day at work. Most of the dudes I work with are buying into the stock market now that "stocks are nice and cheap and were heading for a second half recovery".
...Either should take you to an article in the Emirates Business 24/7.
I originally found the article at coininfo (dotkom) on the news feed. They always have great anallytical articles, as well as a live price feed for PMs that starts at 6:00pmET Sunday with the far-eastern markets.
A thought occured to me the other night, a few trillion is loaned to the bank from the bailout funds, the bank takes the funds and runs it through the fractional reserve system thus multiplying it by 9. The bank then takes that money and anonymously buys T bills which then keeps the government from going bankrupt. Sure, it's a snake eating it's own tail, but it will keep the system alive long enough to suck every last penny of wealth from the U.S. before it collapses. Maybe I'm wrong, maybe not.
Yep even Peter Schiff pointed that out as there is a 3rd largest buy of T-Bills in the game from the Bahamas. No one know who they are so we can only speculate.
The common man is just going to get screwed, remember no matter what leader of what country ALL of the A-hole politicians on in on fleecing the sheople.
I have seen it don't agree 100% with the ending solution though, as money needs to be a free market item where anyone can accept anything as money and anyone can make an item money. This way a town, city, or state can create there one money if gold and sliver disappeared.
>I have seen it don't agree 100% with the ending solution
Davinci this is a good point, I also objected to the guy's "solution" at the end of Money Masters. The man was enamored with Lincoln because he avoided financing the civil war with debt, thus saving like 4 million in interest. So rather than return to a gold backed currency, he wants a government issued one. As if taking money control back from the Federal Reserve is the solution.
Yes they are. In fact they are going to print so much, that two months ago the goverment passed a new law allowing the Bank of England to print bills without informing to the public, as it had to before. Get ready.
yeah and the consumer debt that may not be in default aint getting paid back. People look at the BAC and Citi prices and know these banks cant make money anymore; they're government subsidized, like zombie banks. All thia debt is probably at least 75%+ consumer default debt in waiting. Silver is still priced reasonably, gold is really shining as a deflation hedge, and will benefit from inflation as well, because it has historically, where commodity prices go up. Dollars are defaulted I.O.U.'s.
I'm pleased to say I'm finally a card-carrying silver owner as my first shipment finally arrived today. :) I feel far more financially secure than I did yesterday, it's amazing how holding the physical metal in my hand can change my attitude.
Congratulations feels good doesn't it to have something of value. It's why banks hate it as money you hold on to it and save it a lot easier than paper money. People have a tendency not to gamble, I mean invest it in the market.
Definitely. I ordered it last month and was worried the economy would collapse before I got it then I'd be really screwed. I wish I had started last year, but at least I wasn't too late.
Those fnckers are stuffing their pockets as fast as they can with that cash. I guarantee you they are putting a great deal of it into PMs. Pigs!!!!!!
I'm attempting to change my wording. Instead of 'buying gold' I'm 'converting my cash to PMs". Sounds better and is a more accurate reflection of reality.
This comment has received too many negative votesshow
He is faulty in thinking that because the banks sure get that money but they are not lending it for the end consumer. The consumer does not have the credit to get the basic goods and commodities that would supposedly go up in value and so where is the inflation coming from? This guy is afraid because he owns gold or silver and want these to rise in value so he can make more money.
Sure the money is not going to you YET, it's going to the wealth to buy gold and silver. Once they load up they will tell average joe it's time to get in, increase interest rates and if the dollar does not tank they will sell the gold and silver to the average joe.
Look gold will not make you rich unless you time the market, and most people don't know how to do that gold and silver will keep your purchasing power and maintain your wealth.
No, No, and No, it's a free country I can speak my mind. And logic is teling me that gold and silver is payment in full the dollar is just a promise to pay nothing.
The Canadian 1 that has silver is First Majestic Silver Corp
925 West Georgia St.
Suite 1805
Vancouver, B.C.
Canada V6C 3L2
Phone: 604.688.3033
Toll Free: 1.866.529.2807
In the US I buy from Tulving Company 800-995-1708 US And Canada oper 27/7 (I do all my buying from them. Silver right to the US boarder in 3 day Free shipping and Insurance. Also, I pay no tax on my silver over the boader. Ask for the 3 if you want and I'll post the goverment #)
No at all. Speak your heart out I mean no harm but I doubt your logic is on the right course. It might turns out this way but again it might not.
And screw you when your assets lose all their value and you are forced to sell back at a fraction of their original cost to pay for your living expenses.
You may want to consider what happens when, Peter Schiff, Jim Rogers and Marc Faber are correct and you are not. What happens to you when prices increase and you pay does not.
And they belong to one school of thought while the rest of the world is not. They differ between each other but most people lost value betting on them and your ass will turn out the same way.
Also keep in mind I am reaching .000001% of the population I think a person selling gold and silver reaches more people than I do.
No my mission is to throw as many beached fishes back into the water as I can even though there are billions of them. Why? Because it matters to the ones I save.
There is something about the 20 ies. There were call loans made by the banks these loans were used to buy stock. The FED called all there money the banks called there call loans to stock holders they sold there stock to other people selling t stocks and the stock market crashed. The FED caused 1929 but Kennedy was killed when he printed United States Bank Notes.
SidneyBou 1 year ago
@SidneyBou
Yep.
davincij15 1 year ago
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DONT READ THIS Cause It Really Works. YOU WILL GET KISSED ON THE NEAREST POSSIBLE FRIDAY BY THE LOVE OF YOUR LIFE. TOMORROW WILL BE THE BEST DAY OF YOUR LIFE. HOWEVER IF YOU DONT POST THIS COMMENT TO AT LEAST 3 VIDEOS YOU WILL DIE WITHIN 2 DAYS. NOW UV STARTED READIN DIS DUNT STOP THIS IS SO SCARY. SEND THIS OVER TO 5 VIDEOS IN 143 MINUTES WHEN UR DONE PRESS F6 AND UR CRUSHES NAME WILL APPEAR ON THE SCREEN IN BIG LETTERS. THIS IS SO SCARY But IT rEally worksnnn
cory5772 1 year ago
what do you think, or know of Monarch Precious Metals minted Silver Bars ?
urkingod 2 years ago
The morons that are saying gold and silver are not going to be worth anything must be retarded. We have been selling weapons and hunting equipment for over 20 years and always want bullion. Why are China and India selling off their dollars and buying bullion.
JohnBigBootay 3 years ago
I think Peter Schiff put it best when he said that buying gold and silver is reserving your current purchasing power of your dollar. Meaning the value is directly related back to the day you bought it.
jeffcaldwell2 3 years ago
I agree with you but problem is gold and silver won't be worth nothing in this country and that means fleeing this country and going to another where one can cash it in..can't do that .....Now best thing is get out now!!
deltaalpha21074 3 years ago
Wow, how is this possible that a real thing that is rare has no value and you believe the dollar does. What amazes me more is that there a so many people like you.
For 6000 years men had to work to find and mine gold that was not easy to find, for 100 year men had to sign a document promising to pay back dollars and then dollars where created.
Clearly you are intelligent enough to know a real thing that required work to create is worth more than a piece of paper created by someones promise.
davincij15 3 years ago
It is this basic lack of understanding is what's keeping gold and silver from getting their monetary rolls back.
davincij15 3 years ago
So, you're saying that people won't want to trade their goods for gold and silver when currency isn't worth anything?
jeffcaldwell2 3 years ago
We sell firearms and hunting equipment in the northwest and we always want bullion instead of fiat. Too many idiots in America.
JohnBigBootay 3 years ago
I agree my opinion Bullets Currency of the next Generation seriously not too damn easy to mass produce smokless rounds and good brass..so stock up cause with shit in Mexico and the Scum we have for Leaders ...time to stockpile for Armageddon...!
deltaalpha21074 3 years ago
@deltaalpha21074 no because even if the dollar dies and they introduce a new form of currency...silver and gold, palladium and platinum will still be valuable....they are like a worldwide standard...any country will accept gold, silver, platinum and palladium....but not every country will accept the dollar or some other nations currency.
zw0ecool 1 year ago
@zw0ecool for a very short time very short time ---USA collapses then it's utter Anarchy for every other country and no question pure starvation ---we export so much food and keep the peace with ARMIES but just take a look at Egypt and Libya...... any questions? Cash in that precious metal now --but that is just my "OPINION"?
deltaalpha21074 1 year ago
@deltaalpha21074 First of all never bet against the United States. Even though we are in debt up to our eyeballs the United States of America is still the most powerfull country on Earth. Just like Gordon Gekko said in the 1987 film "Wall Street" "We make the rules pal, the news, war , peace, famine, upheavel, the price of a paper clip....we pick the rabbit out of the hat, while everyone sits around wondering how the hell we did it."
zw0ecool 1 year ago
@deltaalpha21074 Lets just say the US does collapse, all they will do is create another form of currency. If you have gold then you have something of value I don't care what anyone tells you. Just like Jafar says in the Disney movie "Aladdin" "You've heard of the golden rule haven't you??? The one who has the gold makes the rules." This simple understanding brings the most wealth to people. Gold, Platinum, Palladium, and Silver are king end of story. Don't let the govt take ur eyes of the Gold.
zw0ecool 1 year ago
@zw0ecool YOU are right but not in USA what you really think this complete failure of crap that cannot even build roads ,Bridges,or even figure out how to create petty jobs??? Think they will actually say hey let us mint yes create coins or some form of BARTER with gold and silver,yeah you see if stores convert to that BULLSH##----IF i were you and you do have gold and silver ect ect ...go and cash that in NOW!! Be smart and if you have allot of GOLD now cash that in !
deltaalpha21074 1 year ago
@deltaalpha21074 It's not a complete failure. My roads look fine. You are just one of those anti government people, that thinks the govt is out to get you. The government has an agenda to move this country into a one world government, they know exactly what they are doing. The government knows everything, they know where we are right now in space, how many more spins for the year to end, everything they are not stupid. If they are doing it it is because they want to achieve a certain outcome.
zw0ecool 11 months ago
@zw0ecool OK OK you go on thinking US GOVT... is so in control of both USA or a real future. Yeah look at how Well they are handling Health Care,Housing Crisis, --JOBS ect ect ect...keep on living in wonder land..I have to live in Reality. And no US Government did not do 9/11 they could'nt pull an operation off even 1/10 that well....HA HA HA! Try NWO did this....CIA Spooks ....which are about as Government as FED EX>?
deltaalpha21074 11 months ago
@deltaalpha21074 As government as Fed Ex...you got that from that stupid anti government video. Government knows everything. They know what's going on, they're not stupid. If they are screwing things up it's because they want to, and have a plan for something else. The idea is to go global, kill the dollar, and introduce a new currency. Government takes care of your ass and you don't even know it. You think they don't have secret ops that no one knows about??? Everything we have is bcuz of govt.
zw0ecool 11 months ago
@zw0ecool its also why everythings so fucked up
mattyneckhay102 9 months ago
@mattyneckhay102 No everything is so fucked up because people here in the U.S. are spoiled and they want govt to do everything for them.
zw0ecool 9 months ago
@deltaalpha21074 no...gold and silver are universal and are accepted everywhere you go. currency is not.
zw0ecool 9 months ago
this was a really great video it was totally what i expected and i have to say that you met the standards of what i expected to see.
Chick6517 3 years ago
I'd also add that David Walker also narrates an amazing documentary called I.O.U.S.A. You can check out the 30 minute 'byte' version on youtube by typing it in the search engine. If you think that inflation is a problem, check out the 57 trillion dollar meteorite in social security, medicare and other unfunded entitlement programs that are set to knee-cap the U.S. It's a wonderful eye-opener - further underscoring the necessity for personal financial/capital preservation with gold and silver.
sandorjohn 3 years ago
Davincij15 I'm afraid I have to correct you - and in doing so, more than underlying your point. According to David Walker, former head of the GAO - the U.S's top accountant: "A billion dollars (not a trillion) of Grover Cleveland 1000 dollar bills stacked from the ground up, reaches 67 miles high." Type in "a billion dollars" in your Youtube search engine and see his mini-doc. A trillion dollars is a thousand times larger than that: 6,700 miles high. Or NY-LA back to NY stacked with those bills.
sandorjohn 3 years ago
I correct myself. Just watched David Walker's video and it's 63 miles high for one billion dollars. Not '67' miles high - but you get my point.
sandorjohn 3 years ago
@Sandorjohn: :) I'm afraid I have to correct you.
Davinci was almost exactly correct(the exact number is 67.866).
He mentioned clearly 1 trillion dollars in "thousand dollar bills". That makes 1 billion BILLS of $1,000.
The vid you mentioned contains a mistake as well.
And 1 billion of those BILLS (meaning 1 trillion DOLLARS) will be 67.866 miles.
Not that it matters much how high is the pile, though.
Debt is shit, and a stack of 68 miles of shit is an awful lot of it.
sunamori6765 3 years ago
the dow is worth.... 7.7 oz of gold today
chena3 3 years ago
I want the silver and gold gap to close
aktlc123 3 years ago
Phase 1 was the housing bubble that broke. So what is going to happen when phase 2 hits everyone. The retail bubble bursts. I can picture so many small businesses going under in the next 1-2 years. Tons of empty retail plazas and many more out of jobs.
phsinvent 3 years ago
Your message like Peter Schiffs will appeal to common man who has lot of frustration/anger against governments and the banks... But that doesn't help them either... I still believe 100% exposure to precious metals will bring doom on whomsoever... Even Marc Faber recommends only 10 to 20% exposure to gold...
me98321 3 years ago
Question is there a 20% chance that an expansion in the money supply will occur in the future?
How about 50%?
My felling you would say 95% chance that the money supply will increase. Helicopter Ben will make sure of that! Let the printing begin!
davincij15 3 years ago
Economics is not like mathematics... It is not 100% predictable... A lot of it depends a lot on human perception and action... It is wiser to always have an exit strategy in this field when things don't turn out as one would have reasoned out...
me98321 3 years ago
That is a decision each individual will have to make.
Me I am going with history, all empires end with debasement of the currencies and all governments have destroyed fiat money. I have 2000 years of history and a fed chief named helicopter Ben on my side. LOL
With all that said if the monetary system is not in a state of collapse by the end of March I will start looking for signs that it will go the opposite way.
davincij15 3 years ago
Marc Farber the news commentator? It's funny how some people just watch TV and buy or sell based on what the guy on CNBC says. You should read Mike Maloneys' book. Do a little research, turn off your TV.
puapake 3 years ago
Even Mike Maloney listen to Marc Faber... :) Check out for yourselves... It is funny that some people just browse the internet and buy or sell based on what the guy on YouTube says... You should read Marc Faber's book. Do a little research, turn off your network connection... :)
me98321 3 years ago
I hope the prize of silver does not get too high, because who could i sell those 5 kilo bars i have?
Noone could aford it.
Oh well, i will just buy a bigger house, or pay off the mortgage, problem solved :)
dontblamethemessenge 3 years ago
How much silver should you feel comfortable with?
ObamaBiladen 3 years ago
gold 970 ...
a thou
by friday ...??
chena3 3 years ago
this is still the time (however already somewhat late?) to get that silver and gold.
What i mean is, that it would be very strange if this relative low prizes remain like this.
The dips in the gold and silver prizes (at least in dollar terms, euros it looks like it was still going up all the time) is a message from heaven to buy (not that i am religious, but you know what i mean). It is the silence for the storm.
dontblamethemessenge 3 years ago
If you only convert 50% of your savings into precious metals and keep rest in fiat currency, you will have a balanced view towards gold and dollar. You wouldn't wish for an economic collapse... Also you are prepared in case it happens...
me98321 3 years ago
So your advice is to take $200,000 and bet $100,000 that the government will not print more and will actually allow the money supply to fall thus causing interest rates to rise. And take the other half and bet they will print until more to save their rich friends.
You think about that for a second as get my gold as payment in full.
davincij15 3 years ago
The problem with all this gold/silver hoarding is that once your 100% savings (100%+ if you buy on your credit card) is in bullion form you will be constantly talking about gold/silver and wishing from the bottom of your heart for total economic collapse, hyperinflation and all all kinds of bad things...
me98321 3 years ago
How about we listen to our financial advisers..
Adviser: "Invest for the future because if you just save cash inflation will get you."
Me: "Why can't I just save cash?"
Adviser: "You can but as you can tell things are getting more expensive."
Me:"What can I invest in?"
Adviser:"Stocks have a good long term average!"
Me:"But the only thing that's up in the last 8 years is gold and silver because it's payment in full and even the dollar has lost an average of 50% against real things!"
davincij15 3 years ago
You should do a video on the gold confiscation in the 30s.
quietdisdain 3 years ago
Any one notice that 1 oz and 10 oz silver bars are hard to come by? Strange. I can find any gram weight and form (bar or round) of gold but silver is disappearing fast. And i'm not talking about the high ebay prices.
phsinvent 3 years ago
of course there can be a correction of the gold price following.
But i dont care much about the price of gold or silver. Only it would be nice to have it lower because i could buy more.
I dont care much about having a lot of fiat money, because i think it is dangerous at the moment. I will not buy big things in the near future, only food for example.
dontblamethemessenge 3 years ago
the industrial part in the future of silver is not that great i think. Because how many factories will disappear for example?
So maybe that is actually a good thing (some gut feeling).
It might be more treated as gold, because gold is also hardly used so people think it might remain value.
It means it is not so dependable on use in things. It makes it more value.
dontblamethemessenge 3 years ago
True, as manufacturing slows down, so will the consumption of resources. Silver is interesting because i hear of new uses all the time. Some of the latest are for solar nano cells and nano silver linings. The silver linings are becoming popular because they inhibit the growth of organisms on a surface. Many of the latest products such as refrigerators, toilets, toilet seats and shower stalls have these coatings to reduce surface bacteria etc.
phsinvent 3 years ago
I think a safe ratio would be 70% silver and 30% gold or 60% silver and 40% gold physical investment. I would still be a little careful about putting all your savings into these metals. Some may say to put all your savings into them but i'd be careful. Silver is far lower than it's all time high. Gold is rather high compared to past. But i still think gold will rise even more. 1500-2000 range. And i can't even guess how high silver could be. Silver does have a vast industrial use.
phsinvent 3 years ago
That's fine there is a small chance that everything will work out and the government printing more money will not lead to higher prices. I only have a small amount of money in betting on that small off chance.
With that said the worst possible outcome is the dollar amount is reduced but you purchasing power stays the same. However what is the likely hood of such an outcome? I say very slim. But who know Obama may say fuck the banks let em go under and the dollar value will rise.
davincij15 3 years ago
all depends on how much they print if they print mad amounts then he lets the banks go under still to late the dollar will still be under valued
ramp31 3 years ago
Apparently they have already printed mad amounts - davincij has some charts in an earlier video
Brainman94 3 years ago
Which one are you currently favoring the most, gold or silver??
IT WAS ILLEGAL TO BUY GOLD UNTIL THE 70's
so confiscation is not an unwarranted worry
TheFlex21 3 years ago
And you told the last video i thought that people already know, or they dont listen.
So for example some weeks ago somebody i knew bought stocks of fricking banks! I fell from my chair when i heard that, how can you be so stupid.
Because i told him few weeks before that to buy gold, but he said that was too risky, and he had to pay a few percent extra money to get the gold!
dontblamethemessenge 3 years ago
I dont believe that people still are in the stockmarkets!
dontblamethemessenge 3 years ago
well said. Good that you warn the people!
Continue this good work, you will be rewarded at the end.
dontblamethemessenge 3 years ago
Thank you Thank you Thank you Davinci! I hope you don't mind, but I'm going to use your video to help my wife understand why I have been switching to gold/silver for the last 8 months. Don't worry, I will also show videos from Peter Schiff and others. ...As long as she will keep watching. :)
Take care.
Stealth0031 3 years ago
Show her Marc Faber videos... His talks are the best to watch... Davinci just report others findings... Peter Schiff is not all that correct in his forecasts especially of the dollar and the asian decoupling...
me98321 3 years ago
Good point --- And yes, I will add Marc Faber to the list. The toughest thing is to not overload her. She is very smart (Dr.), but her attention span is very short with this financial stuff. Perhaps I should just tell her the shoe stores are going out of business??? Thanks for your help.
Stealth0031 3 years ago
Silver just touched the $14.10 point, I was surprised (but also not at all surprised, if you know what I mean). Gold's at $970 now!
drutter 3 years ago
So are you doing like stella and hedging your PM investment in your canadian commodity currency against a possible US dollar collapse? (say to 50% of current forex rate, which would chew into PM price sold in US dollars)
Brainman94 3 years ago
Loved the vid. I only have 2 ounces of gold but with the help and inspiration from video's like these i'm gonna try and get it to 10 ounces.
chrisbeer 3 years ago
Don't forget to get some silver it's cheep at any price under $20 USD.
davincij15 3 years ago
we gona look at this era as the ''good old times'', now we going to move on to the era of a global slave trade and if they make a dijital currency then trust me there will never be no mass revolution, quite simple u argue you and your family get no food, this is the reality we going 2, get ready for it
ramp31 3 years ago
100 worthless dollars says silver will go past 14 dollars mark at some point today
ramp31 3 years ago
betcha $10,ooo worthless dollars for a bar of silver ;)
Brainman94 3 years ago
ok were is my 10 thousand
ramp31 3 years ago
whatcha mean dow down to 7650?
isnt the Dow closed today for the president's Holiday?
Brainman94 3 years ago
futures....
duhhhh
chena3 3 years ago
You win come collect your roll of toilet paper. LOL
davincij15 3 years ago
Since i found out how the economy works from your video, its totaly made me rethink so much about the obviousness of an economic downfall and the world kidding there making money of debt and fake paper, building grandiose cities in dubai and vegas of money that does not exist was always a recipe for disaster, and now i know i will never be able to pop down the street and get simple things shipped from abroad such as olives, banana's grapes ect maybe a year or 2 from this very day,
ramp31 3 years ago
RON PAUL!
2012Ronpaul2012 3 years ago
guys this is spooky
every thing across the board
is red....
except
gold and silver...
woof..
bad doggie
digging deep hole
in the yard...
chena3 3 years ago
have you ever seen it like that meoooow
ramp31 3 years ago
the fed pay the banks in dijits not real note, then print a little latter, then give them to the banks and the banks give them out to society when loans are taken out,
ramp31 3 years ago
By the way folks - $10 trillion US debt is $100,ooo for every single working American (assuming 100 million of them.)
$50 trillion = $500,ooo per person
$500 trillion = $5 million per person (which far exceeds average persons wealth - the deby will have to be passed on to non-US citizens. We're all gonna pay for Wall Streets fuck ups!
String them up!
Brainman94 3 years ago
hey man have you hedge ur silver in canada dollars against a crashing US dollar (see stella's vid on hedging against non-US currencies)
Brainman94 3 years ago
THE SKY IS FALLING THE SKY IS FALLING check denningers blog
RED ALERT ...RED ALERT ....
chena3 3 years ago
at the beginning u look very dangerous.. but when u start talking its over^^
Mongodelight 3 years ago
Hey - people thought that about Mike Tyson.
Capiche!
Brainman94 3 years ago
chena3 3 years ago
woof...
chena3 3 years ago
Comment removed
chena3 3 years ago
missed that call ..
look at ticks 9.27 to 9.32 AST
chop down like that is a heavy play to drop price
before major buy on the next down leg
which didn't go as deep as was ment to go
still 6 dollar play ..nice ..misread it ..
and missed it ...well shat happens ..
gold 960 ..just got to love that ...
later ..polish them bars players ...
chena3 3 years ago
here in Mexico silver libertad is like 15$ US dollars, but it's getting expensier for peso value.
DId you know that u can sell mexican silver ib the US or Canada y have family in different cities in the US and Canada and i'm thinking to go with them, but i need to know.
Thanks & keep doing what you do
Greetings from Juarez,Mexico, by the way is in the US-Mexico border near by el paso, texas
c12mex 3 years ago
chena3 3 years ago
out 957...
getting volatile..
2 $ swings
960 another day ...
wasn't ment to be ..
chena3 3 years ago
Silver is $14 now....
GoldSilver588 3 years ago
959.10
come on dogface ...
woof like you mean it ...
960 ..bring it on ...
soup for every bodie...
chena3 3 years ago
back to 958
3rd run at 960
see if it works this time
3rd time is a charm ...
play hard ...
woof..
chena3 3 years ago
APMEX hasn't had any 10 oz silver bars on their website lately. A week ago they had some, then the next day they didn't. The very next day they had some 10 oz
A-mark brand bars and I bought some. The next day they didn't have any on there and still don't..
Do you think 10 oz bars are getting hard to come by?
What other places would you recommend buying from?
rydaug79 3 years ago
what is PM's..??
mexxx8732 3 years ago
957.20
howling at the moon ..
woof
chena3 3 years ago
tested 951.... resistance solid
bounced 954.80
looking good ...
woof
chena3 3 years ago
silver up 26 cents in an hour 13.86
following gold
is all good ..
enjoy...
chena3 3 years ago
954...
get on the boat players
this could develope momentum ..
some thing is up
europe maybe ...
chena3 3 years ago
Comment removed
eternalevolve78 3 years ago
952. 940 consolidated ...confirmed
moving up ..next stop
980...we can hope
woof ...
biscuits for every bodie
chena3 3 years ago
would you buy gold or silver at these prices?
formulaprimer 3 years ago
Wish I could buy more gold/silver. Can't let go of the cash I have. Need to keep enough on hand to make it through a year of tough times. Also, thinking of buying a couple of acres of land just in case.Thousand round cans of .308 cost $750. 270 & .40 cal rounds add up. Stocking up on food/clothes/essentials. Wish I could buy more. Glad Davincij15 convinced me to stock-up on silver in December, though. Just wish I had more. Batten down the hatches boys! Rough seas ahead.
BeenInACaveWayToLong 3 years ago
950.20
new high for year
rock on players ..
chena3 3 years ago
the bear is buying
gold 948.60
maybe the word is out
950. will tell
woof
chena3 3 years ago
Remember when a trillion was not even in our vocabulary, and a billion was HUGE! WOW have times changed for the worst!!!!!
lizadfuel 3 years ago 2
Yep - and the numbers seem to be going up as fast as computer harddrive space - 250 mb in 95, 250 gb in 05.
(At $500 trillion in derivatives, the next multiple of 1000 is $1 quadrillion)
Brainman94 3 years ago
thanks for the post! DEMCAD recommended u! 5 star subscribe
hermbilliamherm18 3 years ago
OR... $1T is $100 bills stacked 670 miles high, the $1000 bill has not been printed in over 40 years. Anyone notice how they gave Woodrow Wilson the "honor" of being on the biggest "federal" reserve note ($100,000), after all he was the traitor who signed the federal reserve act into being while most of congress was on Christmas vacation in 1913.
DontTread0nMe1776 3 years ago
anyway...I never, NEVER...NERVER wait for silver...!!... I own silver...How much?..Lots. I know what it takes to pack and ship and 8 weeks is nuts... Folks, be very careful in how long you wait..... Silver in hand is far better than send me the money and I'll get right on it... You'll understand why when the day comes and they say sorry, we have to close the shop....
gete0 3 years ago
Comment removed
chena3 3 years ago
Toilet paper maybe worth more than the dollar.
And yes, the bank will be taken care of. The common man will get screwed.
DEMCAD 3 years ago
haha...."hooked up large"....thats t-dot slang
(t-dot = toronto)
661966 3 years ago
Great vid, davinci... as usual!
kevinarmstrong1 3 years ago
chena3 3 years ago
chena 3:
what bank plan is that? You're making me nervous
tinafiedler1 3 years ago
Really enjoy watching your videos. Very smart and informed individual. Nice to see a black guy that did not vote for that totally inexperienced, corrupt, and a fraud of an individual, Obama. I would have voted for Ron Paul also, but he had no chance, so my only other choice was McCain. Keep up the great posts!
searching4doug 3 years ago
No, you had other choices other than MSM tells you. There was Green party, Libertarian party, an independent, and the constitutional party. Because you get you information from the MSM you did not know you had several parties to chose from and when you go to vote it's not given to you as a choice in some states you must ask for those parties.
Isn't democracy great? lol
I know all of this and I am not American.
davincij15 3 years ago
I wonder just how much of the bail out money that was suppose to go to the banks, instead actually went to some off shore account
pieater53 3 years ago
Eventually - probably almost all of it.
Brainman94 3 years ago
the system is totally phuk'd !!!!
thirstybullet 3 years ago
what do you think guys think of the fed buying gov.bonds for stimulus package because asia is tired of buying? isnt that the same as me going to my friend for a loan to fix my driveway getting denied then saying "okay instead of getting a loan from you I will sell an IOU w/interest to the bank because they dont want me to go down and they think i will be better off with a new driveway."this is pure inflation.direct monetization.
marcosxag 3 years ago
silver gold lead and steel ...... gonna need them all.
thirstybullet 3 years ago
chena3 3 years ago
woof woof woof !!!!
thirstybullet 3 years ago
its very interesting seeing the dollar go up against other currencies ang gold gains anyhow.
marcosxag 3 years ago
Man - I love your videos - its so nice to hear the voice of rationality after talking with a bunch of lemmings all day at work. Most of the dudes I work with are buying into the stock market now that "stocks are nice and cheap and were heading for a second half recovery".
artdeco101010 3 years ago
Chris Martenson - The Crash Course
davincij15 3 years ago
I just read in an article that "[T]here is news that Japan has just given a huge aid to Sri Lanka and the amount has been paid in gold."
That's right. Japan had granted Sri Lanka an undisclosed but LARGE sum of aid... Not in Yen, but in GOLD.
What does that tell you about their faith in fiat currencies?
=^[.]^=
Raycheetah 3 years ago
interseting ...
links please....
chena3 3 years ago
Google either the quote, or:
Gold to continue its bullish show
...Either should take you to an article in the Emirates Business 24/7.
I originally found the article at coininfo (dotkom) on the news feed. They always have great anallytical articles, as well as a live price feed for PMs that starts at 6:00pmET Sunday with the far-eastern markets.
=^[.]^=
The URL is hellishly long and complex.
=^[.]^=
Raycheetah 3 years ago
thanx..
keep the faith..
chena3 3 years ago
I will research this if so it is big news in a fiat world.
davincij15 3 years ago
A thought occured to me the other night, a few trillion is loaned to the bank from the bailout funds, the bank takes the funds and runs it through the fractional reserve system thus multiplying it by 9. The bank then takes that money and anonymously buys T bills which then keeps the government from going bankrupt. Sure, it's a snake eating it's own tail, but it will keep the system alive long enough to suck every last penny of wealth from the U.S. before it collapses. Maybe I'm wrong, maybe not.
fishingthewatershed 3 years ago
fishing thewatershed
figured out the game did ya ...
good job ..pass the word...
chena3 3 years ago
Thanks Chena,
woof back at ya.
fishingthewatershed 3 years ago
Yep even Peter Schiff pointed that out as there is a 3rd largest buy of T-Bills in the game from the Bahamas. No one know who they are so we can only speculate.
davincij15 3 years ago
Thats probably the plan - already happening. thats why peter Schiff, Jim Rogers and others say "get out of the IS dollar"
Brainman94 3 years ago
The common man is just going to get screwed, remember no matter what leader of what country ALL of the A-hole politicians on in on fleecing the sheople.
You can see why the French Revolution happened.
boots920 3 years ago
Let them eat Cake!
davincij15 3 years ago
Over 88 Trillion total in debt (private, federal, state, local..etc)
vinny1010 3 years ago
Self Reliance - learn it today, because you will need it tomorrow.
Thanks davincij
shouldlistentoronpau 3 years ago
Your jsmineset link (Jim Sinclair) is broken, I think you want to change the 14 to a 15.
dashxdr 3 years ago
Fixed thanks.
davincij15 3 years ago
"No soup for you!" I love the Seinfeld reference.
dashxdr 3 years ago
I think the Seinfeld reference was itself a reference to soup lines in Nazi germany. (but i may be wrong)
Brainman94 3 years ago
It was from the soup nazi episode. Have you seen the show?
dashxdr 3 years ago
Dude, are you kidding me???
Davinc, are you saying, that you've never seen/watch the film, "Money Masters" on google video?
If that's true; you really need to watch that film man. Just invest an afternoon sit down and watch it. You won't be sorry.
Signzit 3 years ago
I have seen it don't agree 100% with the ending solution though, as money needs to be a free market item where anyone can accept anything as money and anyone can make an item money. This way a town, city, or state can create there one money if gold and sliver disappeared.
davincij15 3 years ago
>I have seen it don't agree 100% with the ending solution
Davinci this is a good point, I also objected to the guy's "solution" at the end of Money Masters. The man was enamored with Lincoln because he avoided financing the civil war with debt, thus saving like 4 million in interest. So rather than return to a gold backed currency, he wants a government issued one. As if taking money control back from the Federal Reserve is the solution.
But we can't trust government either. Only PM's.
dashxdr 3 years ago
Yes they are. In fact they are going to print so much, that two months ago the goverment passed a new law allowing the Bank of England to print bills without informing to the public, as it had to before. Get ready.
hugolp 3 years ago 3
YOu make some really good sense. Swap those cents for gold and silver hey. Thanks for the update man. Thanks mate.
PlatinumGordon 3 years ago
yeah and the consumer debt that may not be in default aint getting paid back. People look at the BAC and Citi prices and know these banks cant make money anymore; they're government subsidized, like zombie banks. All thia debt is probably at least 75%+ consumer default debt in waiting. Silver is still priced reasonably, gold is really shining as a deflation hedge, and will benefit from inflation as well, because it has historically, where commodity prices go up. Dollars are defaulted I.O.U.'s.
psbyowner 3 years ago
I'm pleased to say I'm finally a card-carrying silver owner as my first shipment finally arrived today. :) I feel far more financially secure than I did yesterday, it's amazing how holding the physical metal in my hand can change my attitude.
lukeedwardsimmons 3 years ago 4
Congratulations feels good doesn't it to have something of value. It's why banks hate it as money you hold on to it and save it a lot easier than paper money. People have a tendency not to gamble, I mean invest it in the market.
davincij15 3 years ago
psychological and social value
DavidAKZ 3 years ago
Definitely. I ordered it last month and was worried the economy would collapse before I got it then I'd be really screwed. I wish I had started last year, but at least I wasn't too late.
lukeedwardsimmons 3 years ago
Those fnckers are stuffing their pockets as fast as they can with that cash. I guarantee you they are putting a great deal of it into PMs. Pigs!!!!!!
I'm attempting to change my wording. Instead of 'buying gold' I'm 'converting my cash to PMs". Sounds better and is a more accurate reflection of reality.
jfooj 3 years ago 3
Right on brother Gold is money cash is trash.
davincij15 3 years ago
This comment has received too many negative votes show
He is faulty in thinking that because the banks sure get that money but they are not lending it for the end consumer. The consumer does not have the credit to get the basic goods and commodities that would supposedly go up in value and so where is the inflation coming from? This guy is afraid because he owns gold or silver and want these to rise in value so he can make more money.
leovainsh 3 years ago
Sure the money is not going to you YET, it's going to the wealth to buy gold and silver. Once they load up they will tell average joe it's time to get in, increase interest rates and if the dollar does not tank they will sell the gold and silver to the average joe.
Look gold will not make you rich unless you time the market, and most people don't know how to do that gold and silver will keep your purchasing power and maintain your wealth.
davincij15 3 years ago
Are you an economist? are you licensed financial analyst? shut your trap door.
leovainsh 3 years ago
No, No, and No, it's a free country I can speak my mind. And logic is teling me that gold and silver is payment in full the dollar is just a promise to pay nothing.
davincij15 3 years ago
The Canadian 1 that has silver is First Majestic Silver Corp
925 West Georgia St.
Suite 1805
Vancouver, B.C.
Canada V6C 3L2
Phone: 604.688.3033
Toll Free: 1.866.529.2807
In the US I buy from Tulving Company 800-995-1708 US And Canada oper 27/7 (I do all my buying from them. Silver right to the US boarder in 3 day Free shipping and Insurance. Also, I pay no tax on my silver over the boader. Ask for the 3 if you want and I'll post the goverment #)
gete0 3 years ago
No at all. Speak your heart out I mean no harm but I doubt your logic is on the right course. It might turns out this way but again it might not.
And screw you when your assets lose all their value and you are forced to sell back at a fraction of their original cost to pay for your living expenses.
leovainsh 3 years ago
Leovinsh:
You may want to consider what happens when, Peter Schiff, Jim Rogers and Marc Faber are correct and you are not. What happens to you when prices increase and you pay does not.
Good Luck.
davincij15 3 years ago
And they belong to one school of thought while the rest of the world is not. They differ between each other but most people lost value betting on them and your ass will turn out the same way.
leovainsh 3 years ago
Leovainsh: I bet small amounts of money on the stocks they recomended in november like TBT, DBP, CGLD, AUY, DROOY
All of them are up over 50% some 200%.
Peter, Jim and Marc, where so wrong on gold what is it now 965 and silver at 14 today.
Me I have most of my money in silver and gold. Why? Because that is cash. I don't trust the banks they have changed the rules before in 1933 and 1971.
Good luck with paper money.
davincij15 3 years ago
Also keep in mind I am reaching .000001% of the population I think a person selling gold and silver reaches more people than I do.
No my mission is to throw as many beached fishes back into the water as I can even though there are billions of them. Why? Because it matters to the ones I save.
davincij15 3 years ago
Comment removed
leovainsh 3 years ago
A person that uses profanity to get their point across does not have a point. Only hated and anger to share with people that have enough already.
Why don't you sell crazy somewhere else we are all stocked up here.
"Gold is mo