I would love some .10 ounce silvers. Been using silver dimes, but that is not an exact amount such as a .10 ounce silver. COOL. Wish someone else would start minting them too.
@TheGrayman1234 You can spend a long time in jail if and when the gov decides that you are "counterfeiting" you don't even have to be claiming that what you mint is currency for it to be "counterfeit". All because we are free.
@mrhnm What in the world are you talking about. Silver 1 ounce rounds are minted every day. There is nothing counterfeiting about them. They are silver nothing more.
@TheGrayman1234 Look up the Liberty Dollar. Those people are spending a long time in jail for minting Silver and Gold "Barter Tokens" that the government says was counterfeit...
@mrhnm I am quite aware of the liberty dollar. The problem they had is that they called it a dollar and tried to use it as a replacement currency. You can't do that. What I (and the people in this video) are talking about is minting pure silver into rounds like coins for the pure purpose of bartering. not illegal It is already being done today with several manufactures. BTW while searching some web sites I looked on APMEX and they are doing exactly what I said, in 1, .5, .25 and .1 ounces. Cool
@TheGrayman1234 Dollar is a word that comes from low German it is not an American invention. And that is awesome I think I'm going to get some of that, do ya'll ship. I live in NM.
At 1:40 - the only thing is though, buying gold and silver *right now* doesn't make much sense. Ten years ago it would have, but not today. LETSystems are the way to go.
@juliaisafilmbuff123 Yes, it was good to buy metals ten years ago, but people are now waking up. What is stopping the dollar to go down when the Fed is buying 70% of the treasuries? Gold and silver could easily go way up in terms of paper dollars, because there are few people in Washington that believe the dollar destruction will happen. Also, there is no currency in the world that is backed up by metals or commodities. I'm still buying when I get a paycheck.
@ggadguy You also have to factor in the fact that all these mining companies who were holding back from mining for new gold and silver 10 years ago due to low prices are now mining away again. They know the prices of g & s have gone up and without a doubt they're going to cash in. What this means is, there will be more g & s in circulation, and thus the stuff in circulation right now will be gradually worth less later on. Metals are commodities so the same rules of supply and demand apply.
@juliaisafilmbuff123 Yes, there should be more g & s mined. However, I know the gold supply only goes up about 2% a year, and that their energy costs are only going up, and their stock prices are lacking, so if we do go through big inflation or even hyperinflation the miners may not be able to easily mine the gold or silver that they need to find, because the energy costs may be very high. This could DERAIL their production as it has in some cases. All I know is the paper games will end.
@ggadguy Everything you're telling me is 100% speculation and guessing. These gold and silver companies will be making huge profits off their metals and will thus have the means to mine for more. They have every incentive to want to now that everyone from Glenn Beck to Pat Robertson is hyping gold. Take a look at gold prices from 1970 to now; they went way up back in '79 only to go down again during the Reagan years and stayed down up until recently.
And it's not just mining companies. Now you have all these "cash for gold" places which are buying people's scrap jewelry (albeit at scammy prices) and melting them down into gold bars and all that. Gold that was once out of the market is now back in, and thus the gold supply goes up and the overall value stalls.
@juliaisafilmbuff123 Yes, miners may have the money and profits to mine more, however, there is only so much they can mine, and the mining permits take a lot of time from the government. I would certainly sell my gold if there was a higher interest rate, but the Fed isn't doing that now. They are trying to fight deflation so during this time you should buy inflationary assets. When the Fed fights inflation it's a time to sell. That's how I play it.
Now I gotta watch that movie....
someguy6978 2 weeks ago
I didn't see a ring...
C00Ltuber 7 months ago
I would love some .10 ounce silvers. Been using silver dimes, but that is not an exact amount such as a .10 ounce silver. COOL. Wish someone else would start minting them too.
TheGrayman1234 7 months ago
@TheGrayman1234 You can spend a long time in jail if and when the gov decides that you are "counterfeiting" you don't even have to be claiming that what you mint is currency for it to be "counterfeit". All because we are free.
mrhnm 7 months ago
@mrhnm What in the world are you talking about. Silver 1 ounce rounds are minted every day. There is nothing counterfeiting about them. They are silver nothing more.
TheGrayman1234 7 months ago
@TheGrayman1234 Look up the Liberty Dollar. Those people are spending a long time in jail for minting Silver and Gold "Barter Tokens" that the government says was counterfeit...
mrhnm 7 months ago
@mrhnm I am quite aware of the liberty dollar. The problem they had is that they called it a dollar and tried to use it as a replacement currency. You can't do that. What I (and the people in this video) are talking about is minting pure silver into rounds like coins for the pure purpose of bartering. not illegal It is already being done today with several manufactures. BTW while searching some web sites I looked on APMEX and they are doing exactly what I said, in 1, .5, .25 and .1 ounces. Cool
TheGrayman1234 7 months ago
@TheGrayman1234 Dollar is a word that comes from low German it is not an American invention. And that is awesome I think I'm going to get some of that, do ya'll ship. I live in NM.
mrhnm 7 months ago
@mrhnm I do not mint coins, but you ought to look at APMEX's web site also the folks in this vid have a web site too. Yes, both of them ship.
TheGrayman1234 7 months ago
@TheGrayman1234 Sweet thanks man.
mrhnm 7 months ago
Nice information..... I love this movement!
stephenabm 7 months ago
Man I have a crush on Megan....oops did I say that out loud???
jusstapatriot 7 months ago 7
At 1:40 - the only thing is though, buying gold and silver *right now* doesn't make much sense. Ten years ago it would have, but not today. LETSystems are the way to go.
juliaisafilmbuff123 7 months ago
@juliaisafilmbuff123 Yes, it was good to buy metals ten years ago, but people are now waking up. What is stopping the dollar to go down when the Fed is buying 70% of the treasuries? Gold and silver could easily go way up in terms of paper dollars, because there are few people in Washington that believe the dollar destruction will happen. Also, there is no currency in the world that is backed up by metals or commodities. I'm still buying when I get a paycheck.
ggadguy 7 months ago
@ggadguy You also have to factor in the fact that all these mining companies who were holding back from mining for new gold and silver 10 years ago due to low prices are now mining away again. They know the prices of g & s have gone up and without a doubt they're going to cash in. What this means is, there will be more g & s in circulation, and thus the stuff in circulation right now will be gradually worth less later on. Metals are commodities so the same rules of supply and demand apply.
juliaisafilmbuff123 7 months ago
@juliaisafilmbuff123 Yes, there should be more g & s mined. However, I know the gold supply only goes up about 2% a year, and that their energy costs are only going up, and their stock prices are lacking, so if we do go through big inflation or even hyperinflation the miners may not be able to easily mine the gold or silver that they need to find, because the energy costs may be very high. This could DERAIL their production as it has in some cases. All I know is the paper games will end.
ggadguy 7 months ago
@ggadguy Everything you're telling me is 100% speculation and guessing. These gold and silver companies will be making huge profits off their metals and will thus have the means to mine for more. They have every incentive to want to now that everyone from Glenn Beck to Pat Robertson is hyping gold. Take a look at gold prices from 1970 to now; they went way up back in '79 only to go down again during the Reagan years and stayed down up until recently.
juliaisafilmbuff123 7 months ago
And it's not just mining companies. Now you have all these "cash for gold" places which are buying people's scrap jewelry (albeit at scammy prices) and melting them down into gold bars and all that. Gold that was once out of the market is now back in, and thus the gold supply goes up and the overall value stalls.
juliaisafilmbuff123 7 months ago
@juliaisafilmbuff123 Yes, miners may have the money and profits to mine more, however, there is only so much they can mine, and the mining permits take a lot of time from the government. I would certainly sell my gold if there was a higher interest rate, but the Fed isn't doing that now. They are trying to fight deflation so during this time you should buy inflationary assets. When the Fed fights inflation it's a time to sell. That's how I play it.
ggadguy 7 months ago
Outstanding!
Coffeeandasmoke 7 months ago
I like his singing.
FDanisPianoPlayer 7 months ago
THE SWAT TEAM IS ON IT'S WAY, YOU TERRORISTS.
PostToastie 7 months ago
She's an inspiration. Great interview, very cool movie. Real money rocks.
slewofdamascus 7 months ago 3