I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.
I totally agree with this man. I am going to use my hard earned money and invest in gold and silver coins. Personally I will be buying the gold dinar and silver dirham. I will not take good money and spend it on dirty money, and buy out that loan. I would rather not have a loan, save on intrest and then god willing make some kosher/halal income. Thanks for making this video, i needed to hear it. Salaam,shalom,peace
I needed to see this video. In this world of silver and gold, one can easily lose their way by looking at the potential instead of staying mindful of what the scriptures say. Thank you!!!
i have absolutely no debt and alot of disposable income, would it be a good idea then to borrow money to put towards silver? the way i see it by the time ive paid off the interest and loan, my silver will have appreciated enough to outpay the loan and interest combined. this theory would indicate that the silver can only gain capital from that point and id have essentially lost nothing. opinions?
@Brambo1000 Margin is a dangerous game, after seeing silver go from $20 to $9 in 2008, now seeing silver go from $49 to $33, it is not something I would do. Silver recovers and goes higher, but it has been cruel to many people playing the margin game.
I have no moral problem whatsoever about taking problem from suckers...then I don't really have morals at all; I'm basically fed up of being exploited at my job, by the government, and by the banks. I want to take out a loan, see the money roll in, pay them back in a hugely deflated currency, then maybe by myself a house.
yes, you can borrow to buy precious metals because you are buying an appreciating asset not a depreciating asset like a house or car. so you dont lose.
Yes I would and yes I did barrow, lots, to buy gold and silver and Im making a killing! OPM, thats the way its done ! Leverage !! :) Barrow at 4 % and reap 20 %! No brainer !!
Hi I agree with the principled view of not taking another person's money. I don't agree with your logic. If I pay the interest and principle for borrowing, I have taken from no one they have gained first. Most of the time it is factional borrowing, which means it is no one's money, but a system. If I can borrow at 8% and make 30% after risk, that is called profit in Math. You are confusing two principles. But I think I know what you philosophically meant.
Because of fractional banking, you are not using someone else's money when you borrow, you are using money created by you!. The moment you sign a promissory note, you have unwittingly financed your own loan.. You have also created additional money (ten times as much as the loan) for the bank to now loan to others and collect interest.
i disagree i would/have maxed out all my credit cards to buy silver and who cares if it dont get paid back, whats a credit score anyway??? its all made up money anyway, credit card companys cant create money and they do with only your signature. lol screw chase jp morgan, if im trying to crash them, im gonna do everything in my power to!!!! and that includes not paying my credit card bills!!!!!!
@lance627 I'm in the point where I am making a decision whether or not I should tap into my line of credit to obtain silver. How is your success with such action?
I went to the bank today.. I was considering taking out a loan to buy more gold/silver.. the thing is I have savings, from which I have invested 30% into precious metals. I didnt want to put down anymore money in case I find a decent house worth buying and to put down the remainder of savings as a deposit... but my fear is Ill be missing out on buying more "cheap" silver.... im really tempted to just go for it as I have no other major financial obligations.... ADVICE PEOPLE, HELP ME!!!!
@boipinoi604 I decided not to take a loan out in the end, but since I wrote the comment I've bought double what I originally had..LOL. I was only going to invest 10% but now Im 65% invested in gold and silver.. :-) The question now is will palladium dip?? Coz that baby's on fire.. I beleieve its out perfomed all the PM's.. cheers,
Was Irwin Schiff the man who spent time in prison for not paying federal income tax? I had his book years ago. I think if you have the means to pay of fthe credit card you buy silver and gold with yes you should use credit. Why not! Where can I get one of those cartoon books you have. My server is slow so I am not able to hear youru complete video. :( I will try again tomorrow.
its funny , becasue even though i have a hard time understand you, i really want to watch your videos to fully get the important message you are giving..........................................how you speak is poor but what you are saying is better than silver, its GOLDEN. great job, keep the vids comming!
I've personally made a fair amount of money leveraging on gold in dollars (this effectively is how you short the dollar). As for it's morality, there is nothing immoral about borrowing with consent of the lender. However, it is certainly immoral that a central bank should print money and hence take a proportion of the nation's purchasing power without their consent. But this money printing is not in any way influenced by my borrowing.
I was thinking about taking out a loan and guy gold. I mean I understand your logic and moral approach to this whole thing but....I mean we aren't really in that kind of economy anymore. The government is stealing our money everyday, to the point that they are just creating money we never had. So since they are doing it, shouldn't I? I mean look at Ron Paul, hes against earmarks yet when earmarks are going to be given either way he goes ahead and puts earmarks in place. Same concept, right?
remember that the money a bank loans never exist until you and the bank sign the contract than magically the money comes into existence , so i dont think it is immoral,the banks being able to creat money out of thin air because of the fractional reserve banking system is immoral, so i say if you can get over on a bank than do it, and with the way silver is going my opinion is you will probalby be able to pay your loan off in the near future and walk away with profits, jmo. good video big dawg
How about taking your credit card the a $20,000.00 credit line at 9% interest and buying gold America eagles. Sell a coin to make the monthly payments as needed. See what you end up with by the time the $20,000.00 has been paid back. Did you have some gold left or did this experiment cost you a little cash? Nothing immoral has been done. The credit card was paid off. My bet is you'll have some profit left (gold) at the end.
2:55 "When you take out a loan you are using someone else's money."
This is a fundamental mistake in perception. Banks loan money out of thin air as a function of their prerogative from the gov't, fiat-making-fed. You are NOT using someone else's money. If anything, a consumer loan is basically using your credit score - not someone else's money.
I've also held these same beliefs for most of my life. I have always been a saver because I philosophically believe I am responsible for my own life. My business is my way of increasing my wealth. Thanks for your perspective as it reinforces my own understanding of borrowing and saving.
If you borrow money from the bank who is on the fractional reserve system, technically the bank is not loosing money because you repaying them with interest. Since we know that this money did not exist before, I can not even say that the bank is on the loosing side of this trade. Since when you are worrying about the banks? Currencies are going to get destroyed against gold, borrow fiat, buy gold and silver, paid back your dept with cheap fiat, that is how take advantage of hyper inflation.
@Alexiscom1 But if you borrow from the banks, it only feeds into the system. They then create more fiat currency. But it doesn't stop there. The paper/digital currency becomes so worthless that the banks convince the government to re-value the old currency. So now you can trade in all of your old dollars for "new" dollars at 10cent to the dollar or 1 cent to the dollar. If banks are fair, your load will transfer at the same rate, but now the interest that you pay will be in "new" dollars.
@silverfuturist This is not a banks fault, this is a political and not monetary issue. Like I said the bank dont lose they just create more money. From the bank point of view the inflation is not relevant they create 1000 money get back 1050. 50 is their profit they dont care how much this 50 buys.
Can you use your credit card to straight up buy Gold with out take out cash to buy the Gold?The reason I ask is many gold dealers don't allow that,they seem to perfer CASH or Cash put into their bank accounts over credit card payment
I dont entirely agree with this. Its a problem to borrow money to purchase Gold and Silver but its okay to borrow to buy a home, or borrow to get a college education?
I say that it would be morally wrong to borrow and not pay back. Its seems like its only cool for us to borrow money when we lose it and enter "debt". If u found a way to make money how is that wrong? If u borrow money, make a profit and pay back the debt that wont change the fact that the "banks" are still inflating, not you.
Ya buy stocks in goldmann, monsanto, halliburton and wackenhut. Seriosly Playing around in the etfs or futures is perpetuating the system and suppressing the price. The peoples only weapon is to get physical with these bastards. Its a constitutional and moral imperitive. They mandate what money to use what food we eat. I say we all max our credit and buy physical.
When you take a loan, you are NOT borrowing someone else's money. What you are really doing is adding and entry in the "Asset" column of some banks ledger. They in turn can lend more credit based on your promise to pay them back. When you save money in a bank, it goes into the liability column. Banks HATE savers.
If you borrow from a home equity line of credit...you borrowing your own money.. Do you think the value of your house will go up in 1 year vs Gold or Silver?? I think if you have equity in your home, use it to PM's..... it's your money.. and if you think the value of your home will go up in the next year.....well....more power to you... I am more inclined to believe that PM's will go up much more in 1 year than the value of my home....
Dang Joe. Your friend that lends you these coins for these vids is really nice! Platnium, silver, gold... Your friend seems to have a nice collection there. ;0)
I took a loan to buy silver using my bonds as collateral. The loan is @ 4% interest for 12 months. My bonds gain 8% interest, & I am "betting" that this silver purchase will increase in value greater than 4% over the year.
"Will the gains on silver be greater than the interest on the loan", "will you have more store of value after the loan is paid VS cash silver purchases over the same time period as the loan" ?
That is a pricey book- worth its weight in gold perhaps? I found an online copy. It's a bit clumsy and I haven't read it all yet, but the whole book can be found here: take life back dot com forward slash moltz
But your operating under the false assumption that when you borrow money from a bank they are lending you someone elses savings, which they don't. They create the money out of thin air through fractional reserve banking. I have bought silver on credit and I personally see no moral problem with it. And with the rate governments are devaluing peoples savings in currency even if I were using someone elses savings it would only be a drop in the ocean.
@Excidium567 i recently got a loan for $19000 and spent it all on silver.
i think it may have been the wisest thing ive done.
instead of making the banks money ,they are going to make me money and they already have it has gone up 7$ an ounce since i bought and technically made over $5000, so im pretty happy (:
Joe, here's a twist. My wife and I borrowed against our 401K to buy silver. The 401K has a rate of return of only 1.8% for the year. My rough calculations have silver up 20%. Should our speculative borrowing fail, we only hurt ourselves. However, our belief is that silver will explode in price.
@BillKville yes, that is an interesting twist, as many of those tax deferred retirement plans don't give you the option to buy gold or silver, and many doubt whether they will be there for you decades to come!
Good post. My feeling is borrowing money to buy silver is better than having no silver at all. Silver has made 23% per year for the last 10 years. It is set to do even better over the next few years. From that point of view, it is still a great investment and if borrowing is your only means of obtaining a significant amount, personally, I would be doing it. There are other considerations though like can I afford the repayments?
@LOGICvsYTIDIOTS Money can be borrowed to increase production (such as a college loan, back when college grads could get jobs and a degree meant a higher salary) consumption (want the brand new car now, don't want to drive a clunker), and speculation. Borrowing to purchase gold and silver is gambling, even though I think the price will go up a lot in the future.
As for taking out a loan meaning you're borrowing someone else's money (3:00 or so), no! Remember, a loan is DEBT. Nobody else's money was used to create that loan. It came from thin air.
"Working a job is a good thing. Without it, things could collapse."
Devil's advocate here. Is collapse bad?
Also, your statement that "saving is virtuous" really does need to be called out. I definitely don't think I can swallow that one without some more explanation.
1) don't listen to anything Robert Kiyosaki has to say. EVER. Need proof....
Type in "Robert Kiyosaki scam" into google - 40,000+ pages!!
2) Although I wouldn't either, taking out 5 credit cards and buying $50,000 worth of gold and silver and defaulting to the banks sounds like a good way to stick it to the man and increase your wealth to me!! And a great way to get back some of the trillions of dollars of our (the taxpayers) money. No love lost to the banks.
@troybr79 There is a good change those defaulted credit cards are going to be charged back to the taxpayer, our banking system and govt have become one and the same!
I borrowed someone elses money? How does fractional reserve banking work then? Maybe I missed that part of the education. If I borrow money to buy a house, I speculate the home's value will increase overtime. As a homeowner, most are underwater as home values drop. Is this immoral? Is investing in PMs with borrowed money speculating that inflation will hit, immoral? Where do banks get the money to loan in a fractional reserve system? Is this creation of money immoral? Is fiat currency immoral?
Silver won't go up in a straight line. The problem is in the short term, the price may drop a lot and if you've borrowed, you'll be under a lot of psychological and financial pressure to sell and get out. People like that won't get back in the silver market until the market is hot at the very end and by then it's too late.
Hey SV, I understand your point. However for me the question is simple: the biggest wealth transfer in History is now happening. If you are not on the winning side you'll be on the loosing side.
Furthermore, if you are taking a loan to buy silver, what's wrong with that? You are taking a risk, and if your investment goes right you become wealthier, if it goes wrong you try to learn the lesson from the failure.
@MrVocalBaby I have a feeling after the wealth transfer takes place, those who lost their wealth won't be sitting around idly, saying "oh gee shucks, they now have all our wealth too bad for us." In this age, transactions can be rolled back, and I want to make sure the future judges me as playing fair and square.
I agree with Kiyosaki, and I have been offered (pre-approved) mulitple credit cards by Chase and B of A over the last few months. I grabbed them up and I have used the 12-month no interest feature to buy another 7 grand in silver in addition to turning all my meager bank savings into PMs. In the context of my remaining 100 grand medical crisis debt (used to be 180 grand) and 50 grand student loan debt, this is a drop in the bucket.
My days of being a chump and taken for a sucker are over.
@silverfuturist Yep. It seems like all who made a mistake or suffered misfortune lately are being bailed out...except for me. My estranged brother was very angry at me for not declaring bankruptcy after my 180 grand hospital stay 5 yrs ago, but if I had then my credit rating would be crap these days (instead of great as it is now) and I wouldn't be able to do what I'm doing to protect myself. I am eating like a refugee to be able to pay my debts back, though.
If you start a new job you work 1 weeks labour first then get paid ,or work 2 weeks to get 1 weeks pay, or work a month then get paid. You work first so your boss benefits from free labour without interest or capital outlay. If you borrow money ,you pay interest on numbers issued but not money that is earned.
@18wheeler76 ,(depends on your conditions/country) for every year you work,you are always paid in arrears,rent, food ,insurance,etc are paid in advance, wages don,t.
@goodagofilms Unless some religious figure comes down like so many prophecies are predicting, or there are aliens up there looking for some good moral people to take on their spaceship. I am just kidding... maybe not... I dunno trying to figure out silver is challening enuf :)
@stratcatavarious Trying to game it requires skill... the banks are creating the rules of this game as they go along! I can't say if the timing will work.
WOW, i have to disagree with you here joe. LOL. This is the information age, labor is old school. Is it moral? HMM, credit isnt real any ways like fiat money but worse. They make up the credit so basically the money they are giving away is made up so no moral issues should arise.
Hi Joe, I just posted your vid to my FB group called Why Buy Gold? I would often think about this when I didn't have any gold &I wanted to buy some knowing what was going on 2 yrs ago. I have asked this question to many people (incl experts in the biz) & no one has given me an answer in the same direction as you. Man and woman's labour is stored in the gold/silver. So if one borrows $ to buy it, it is skipping a step in the way a free market works. And isn't that what we are all striving for?
Joe, this year I stopped contributing to my 401k and started buying silver coins. My 401k savings is still there intact. Is this a good mindset in your opinion??? Thx Bob
hey Joe! I believe The purpose of owning Gold is to eliminate third party involvement, Take out a loan, and your paying intrerest, to me that would defeat the whole purpose.darrell
Precious metals are not investments. They are insurance against inflation. If you bought a house a hundred years ago for $500...that would be worth so many 1lb. steaks or bags of potatoes. The value of that house today should let you obtain the same value for steaks or potatoes. Yes, some people are quick and nimble and make short term profit on speculation but Gold/Silver are merely hedges against fiat currency...and fiat currency fluctuates up and down all the time but always ends up less.
One thing that most people don't realise is that when you take out a loan, you are expanding the currency supply of the planet. The bank doesn't loan you anything, they just make a book entry and currency springs into existence. In the old days, a loan would mean using other people's (the savers) money. Not any more. The vid I release on Tuesday will show some scary stuff about this...even the bankers don't understand how it works.
I was gonna say what Eraser and Gitanu said. Also, where does one go to find out the cost to produce gold and silver per ounce? Gold was about 300 bucks a decade ago. Actual cost is probably right around there still, isn't it? Am I missing something?
@4rcane you're wrong to think that somehow its immoral. The lender is actually charging you interest on the money you borrow you know. Its not like he gave it to you at 0% interest. You're taking a risk, just as the lender is
[3:130] O you who believe, you shall not take usury, compounded over and over. Observe GOD, that you may succeed.
[4:161] And for practicing usury, which was forbidden, and for consuming the people's money illicitly. We have prepared for the disbelievers among them painful retribution.
Its not others people money, it's imaginary money, when you get a loan 99% of that amount just appears out of nothing, is not taken from someone else's account. It's basically just a promise you make to produce and perpetuate the system. In that way of thinking it's immoral to make a loan to start a business.
I agree with you Joe, but w/ one caveat... if you "borrow" money from a bank, or a credit card, or a home equity line, or things of that nature, who's money are you really borrowing? Who are you transferring the wealth FROM to you if that borrowed money then results in your profit on PMs? If the money is created from nothing but your signature, aren't you really borrowing against yourself? Sure, you pay back in lesser valued fiat notes, but who is actually losing? It's only paper, not wealth
Hmm, Morality this is new :) , You're very non-political, but I was wondering if there are any topics you purposely steer clear of in your video essays ?
It seems pointless to borrow. Because you are the one assuming ALL the risk. And no matter what happens the bank will gain no matter what. Thanks for the video!!
Borrowing from a bank is never a good idea, particularly in times of strife and transition.
Consider the crime of 73, when they demonetized silver and went on the gold standard. Not only was the silver that people possessed made almost worthless but silver you borrowed from a financier or bank was owed back in the form of gold. This caused immediate deflation and a 28 year depression.
I see your point silverfuturist. What you are saying to me is don't get greedy. And greed will take people down. Isn't the old saying in investing is pigs get slaughtered?
Where did the bank get the money they might lend you anyhow? Did they lend you a pensioners life savings deposited in an account or did they just conjure it out of thin air when you entered into the loan agreement. Is it wrong to borrow against your future earnings/labour (assuming you stay employed). However I'm sticking to the rule 'nerver a borrow nor a lender be' and that includes deposing/lending to the bank..
I have a great recommendation for your next video. "Aftershock" Protect Yourself andd Profit in the Next Global Financial Meltdown by David Wiedemer, Phd. I'm reading it now and he outlines the type of financial crisis that will occur and gold and silver's role in it. I heard about Schiff, Morgan, Maloney and all those guys, but didn't hear about Wiedemer.
@silverfuturist - Interesting analysis. Do you own a credit card? Ever bought on a car on credit? Ever bought a house on credit? Is there is moral difference between borrowing for speculation versus borrowing for consumption? What if I'm borrowing/speculating in order to donate most of the money to food banks after the collapse? What if I'm borrowing/speculating to assist my friends/family/loved ones after the collapse (or at least the ones that have refused to follow your/my financial advice)?
@sparx832 I have a credit card but only I only use when cash is logistically difficult, and I pay off my balance fully before the end of the month. There is a bit of hypocrisy with me owning a credit card, but my intent is to facilitate transactions and make a financial ploy, the dollar amounts I use are so low.
If you use that mindset, though, you have to look at the current price as if you were to buy it with your money to make that decision. Don't think it would only be a good deal ONLY if you buy it on credit.
Hey, SF, I'm glad you mentioned Peter because I've been meaning to ask you about him. Peter's advice has been to get into precious metals, mining stocks, and conservative foreign stocks.
Precious metals are pretty accessible for lower income people but managed portfolios aren't so much. Peter's mutual funds require $2,500 start-up and $250 minimum purchases after that.
So what do you think the best advice is for someone just starting out with little to work with? PMs? Stocks? Both?
@AngryPenguin27 In the 70s to 80s bull run, silver and gold bullion outperformed mining stocks, and it didn't have a counter party risk. If Mike Maloney is right, then bullion is more than likely to outperform other ways of playing gold and silver.
I think of it this way - it takes more effort to own physical as it does for a managed portfolio, and in my experience taking control yourself often works out better.
@silverfuturist Isn't it true that mining stocks out-performed bullion 40:1 in the 1978-1980 mania phase? Bob Chapman's newsleter espouses same & I have several articles documenting that if you would like me to send you the links. I am in both bullion & shares for leverage when the T-bill
This is exactly what happens in real estate investing. Who buys a house cash to either flip or rent? Get a loan and either rent it out for more than your mortage or sell it for more than you bought it after you fix it up and pay off the remaining loan. There's investing and then there's POWER investing. If someone is willing to give you the money, use it to your advantage. No moral dilema in my book.
@ottaibi I was in a hurry so I used my iPhone, the camera takes a lot longer to make videos. The video is still processing, quality should improve later.
This guy talks real SENSE!
k0201297 4 weeks ago
I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.
123THERollyboy 5 months ago
isnt that what the paper traders already do? Dont they borrow when they short or go long?
pdxeddie1111 5 months ago
I totally agree with this man. I am going to use my hard earned money and invest in gold and silver coins. Personally I will be buying the gold dinar and silver dirham. I will not take good money and spend it on dirty money, and buy out that loan. I would rather not have a loan, save on intrest and then god willing make some kosher/halal income. Thanks for making this video, i needed to hear it. Salaam,shalom,peace
wess2583 6 months ago
I needed to see this video. In this world of silver and gold, one can easily lose their way by looking at the potential instead of staying mindful of what the scriptures say. Thank you!!!
fieryphoenixe 8 months ago
i have absolutely no debt and alot of disposable income, would it be a good idea then to borrow money to put towards silver? the way i see it by the time ive paid off the interest and loan, my silver will have appreciated enough to outpay the loan and interest combined. this theory would indicate that the silver can only gain capital from that point and id have essentially lost nothing. opinions?
Brambo1000 9 months ago
@Brambo1000 Margin is a dangerous game, after seeing silver go from $20 to $9 in 2008, now seeing silver go from $49 to $33, it is not something I would do. Silver recovers and goes higher, but it has been cruel to many people playing the margin game.
silverfuturist 9 months ago
I have no moral problem whatsoever about taking problem from suckers...then I don't really have morals at all; I'm basically fed up of being exploited at my job, by the government, and by the banks. I want to take out a loan, see the money roll in, pay them back in a hugely deflated currency, then maybe by myself a house.
theMAXILOPEZpsycho 11 months ago
yes, you can borrow to buy precious metals because you are buying an appreciating asset not a depreciating asset like a house or car. so you dont lose.
Rico8458 1 year ago
i bought 30K worth of gold and silver coins from Petter S Firm, 30% gold and 70% silver.
ownerowner100 1 year ago
Yes I would and yes I did barrow, lots, to buy gold and silver and Im making a killing! OPM, thats the way its done ! Leverage !! :) Barrow at 4 % and reap 20 %! No brainer !!
bob78145 1 year ago
Yes I would and yes I did barrow, lots, to buy gold and silver and Im making a killing! OPM, thats the way its done ! Leverage !! :)
bob78145 1 year ago
good advice, not to mention the interest you would have to pay is probably higher than the inflation rate you are trying to beat.
Good advice inregards to speculation,
82snowball 1 year ago
Hi I agree with the principled view of not taking another person's money. I don't agree with your logic. If I pay the interest and principle for borrowing, I have taken from no one they have gained first. Most of the time it is factional borrowing, which means it is no one's money, but a system. If I can borrow at 8% and make 30% after risk, that is called profit in Math. You are confusing two principles. But I think I know what you philosophically meant.
SocsMcSocrates 1 year ago
Because of fractional banking, you are not using someone else's money when you borrow, you are using money created by you!. The moment you sign a promissory note, you have unwittingly financed your own loan.. You have also created additional money (ten times as much as the loan) for the bank to now loan to others and collect interest.
Watthiman 1 year ago
i disagree i would/have maxed out all my credit cards to buy silver and who cares if it dont get paid back, whats a credit score anyway??? its all made up money anyway, credit card companys cant create money and they do with only your signature. lol screw chase jp morgan, if im trying to crash them, im gonna do everything in my power to!!!! and that includes not paying my credit card bills!!!!!!
lance627 1 year ago
@lance627 I'm in the point where I am making a decision whether or not I should tap into my line of credit to obtain silver. How is your success with such action?
boipinoi604 1 year ago
I went to the bank today.. I was considering taking out a loan to buy more gold/silver.. the thing is I have savings, from which I have invested 30% into precious metals. I didnt want to put down anymore money in case I find a decent house worth buying and to put down the remainder of savings as a deposit... but my fear is Ill be missing out on buying more "cheap" silver.... im really tempted to just go for it as I have no other major financial obligations.... ADVICE PEOPLE, HELP ME!!!!
sidkings 1 year ago
@sidkings Follow the price going up and when it dips, buy. Btw, have you used your loan to buy more silver yet?
boipinoi604 1 year ago
@boipinoi604 I decided not to take a loan out in the end, but since I wrote the comment I've bought double what I originally had..LOL. I was only going to invest 10% but now Im 65% invested in gold and silver.. :-) The question now is will palladium dip?? Coz that baby's on fire.. I beleieve its out perfomed all the PM's.. cheers,
sidkings 1 year ago
@sidkings Only way to have a good decision is educate yourself about palladium. Happy investing.
boipinoi604 1 year ago
Was Irwin Schiff the man who spent time in prison for not paying federal income tax? I had his book years ago. I think if you have the means to pay of fthe credit card you buy silver and gold with yes you should use credit. Why not! Where can I get one of those cartoon books you have. My server is slow so I am not able to hear youru complete video. :( I will try again tomorrow.
wheetypeedy 1 year ago
@wheetypeedy Yes, that was Irwin!
silverfuturist 1 year ago
its funny , becasue even though i have a hard time understand you, i really want to watch your videos to fully get the important message you are giving..........................................how you speak is poor but what you are saying is better than silver, its GOLDEN. great job, keep the vids comming!
Daniyoyo 1 year ago
I've personally made a fair amount of money leveraging on gold in dollars (this effectively is how you short the dollar). As for it's morality, there is nothing immoral about borrowing with consent of the lender. However, it is certainly immoral that a central bank should print money and hence take a proportion of the nation's purchasing power without their consent. But this money printing is not in any way influenced by my borrowing.
93msinclair 1 year ago
I was thinking about taking out a loan and guy gold. I mean I understand your logic and moral approach to this whole thing but....I mean we aren't really in that kind of economy anymore. The government is stealing our money everyday, to the point that they are just creating money we never had. So since they are doing it, shouldn't I? I mean look at Ron Paul, hes against earmarks yet when earmarks are going to be given either way he goes ahead and puts earmarks in place. Same concept, right?
theUSER101 1 year ago
remember that the money a bank loans never exist until you and the bank sign the contract than magically the money comes into existence , so i dont think it is immoral,the banks being able to creat money out of thin air because of the fractional reserve banking system is immoral, so i say if you can get over on a bank than do it, and with the way silver is going my opinion is you will probalby be able to pay your loan off in the near future and walk away with profits, jmo. good video big dawg
littlegiantkennel 1 year ago
How about taking your credit card the a $20,000.00 credit line at 9% interest and buying gold America eagles. Sell a coin to make the monthly payments as needed. See what you end up with by the time the $20,000.00 has been paid back. Did you have some gold left or did this experiment cost you a little cash? Nothing immoral has been done. The credit card was paid off. My bet is you'll have some profit left (gold) at the end.
budb11 1 year ago
2:55 "When you take out a loan you are using someone else's money."
This is a fundamental mistake in perception. Banks loan money out of thin air as a function of their prerogative from the gov't, fiat-making-fed. You are NOT using someone else's money. If anything, a consumer loan is basically using your credit score - not someone else's money.
sunyatajack 1 year ago
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LEARN THE INSIDER SECRETS OF THE SUPER WEALTHY !!!
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Steventk26 1 year ago
One of your best videos. Borrowing OTHER PEOPLES MONEY.
nmreich 1 year ago
Peter wasn't "shorting" treasuries. His thinking is going long Gold IS shorting the USD and BONDS.
helpendthefed 1 year ago
Irwin Schiff 2012 !!!!!!!!!!!!!!!1
helpendthefed 1 year ago
I've also held these same beliefs for most of my life. I have always been a saver because I philosophically believe I am responsible for my own life. My business is my way of increasing my wealth. Thanks for your perspective as it reinforces my own understanding of borrowing and saving.
hooverdog1957 1 year ago
If you borrow money from the bank who is on the fractional reserve system, technically the bank is not loosing money because you repaying them with interest. Since we know that this money did not exist before, I can not even say that the bank is on the loosing side of this trade. Since when you are worrying about the banks? Currencies are going to get destroyed against gold, borrow fiat, buy gold and silver, paid back your dept with cheap fiat, that is how take advantage of hyper inflation.
Alexiscom1 1 year ago
@Alexiscom1 But if you borrow from the banks, it only feeds into the system. They then create more fiat currency. But it doesn't stop there. The paper/digital currency becomes so worthless that the banks convince the government to re-value the old currency. So now you can trade in all of your old dollars for "new" dollars at 10cent to the dollar or 1 cent to the dollar. If banks are fair, your load will transfer at the same rate, but now the interest that you pay will be in "new" dollars.
nanabijou62 1 year ago
@Alexiscom1 The banks losses go right to the taxpayer, and I am a taxpayer
silverfuturist 1 year ago
@silverfuturist This is not a banks fault, this is a political and not monetary issue. Like I said the bank dont lose they just create more money. From the bank point of view the inflation is not relevant they create 1000 money get back 1050. 50 is their profit they dont care how much this 50 buys.
Alexiscom1 1 year ago
@silverfuturist It's all Ponzi. So if your goal is to be 'moral' then take as many bullets out of the exploiters guns as possible.
sunyatajack 1 year ago
@Alexiscom1
horah, i don't know if the spelling is correct. But enjoy my salutation of you view. well said my man!
SocsMcSocrates 1 year ago
@Alexiscom1
Can you use your credit card to straight up buy Gold with out take out cash to buy the Gold?The reason I ask is many gold dealers don't allow that,they seem to perfer CASH or Cash put into their bank accounts over credit card payment
NYWAORCANZ 2 months ago
I dont entirely agree with this. Its a problem to borrow money to purchase Gold and Silver but its okay to borrow to buy a home, or borrow to get a college education?
I say that it would be morally wrong to borrow and not pay back. Its seems like its only cool for us to borrow money when we lose it and enter "debt". If u found a way to make money how is that wrong? If u borrow money, make a profit and pay back the debt that wont change the fact that the "banks" are still inflating, not you.
TruthOverFacts 1 year ago
you are not just a smart man... you are a good man...((hugs))
skybirdbird 1 year ago
Ya buy stocks in goldmann, monsanto, halliburton and wackenhut. Seriosly Playing around in the etfs or futures is perpetuating the system and suppressing the price. The peoples only weapon is to get physical with these bastards. Its a constitutional and moral imperitive. They mandate what money to use what food we eat. I say we all max our credit and buy physical.
TheNick487 1 year ago
When you take a loan, you are NOT borrowing someone else's money. What you are really doing is adding and entry in the "Asset" column of some banks ledger. They in turn can lend more credit based on your promise to pay them back. When you save money in a bank, it goes into the liability column. Banks HATE savers.
nanabijou62 1 year ago
@nanabijou62 RE: Banks HATE savers.
Its crazy but true.
rllang01 1 year ago
If you borrow from a home equity line of credit...you borrowing your own money.. Do you think the value of your house will go up in 1 year vs Gold or Silver?? I think if you have equity in your home, use it to PM's..... it's your money.. and if you think the value of your home will go up in the next year.....well....more power to you... I am more inclined to believe that PM's will go up much more in 1 year than the value of my home....
duper241 1 year ago
@duper241 If your house goes up or down it is irrelevant, as long as the money lose their value against gold you win.
Alexiscom1 1 year ago
That book is online on scribe.
davincij15 1 year ago
Dang Joe. Your friend that lends you these coins for these vids is really nice! Platnium, silver, gold... Your friend seems to have a nice collection there. ;0)
SurvivalWithBushcraf 1 year ago
Not only are you betting gold will go up, you are betting it will go up enough to overcome the interest you will pay on the borrowed money as well.
62636263c 1 year ago
To take a loan for PM purchase you must be willing to take the risk and be prepared to accept a loss...
To minimize your exposure to interest rates, use your own savings as leverage to buy silver & gold...
rllang01 1 year ago
I took a loan to buy silver using my bonds as collateral. The loan is @ 4% interest for 12 months. My bonds gain 8% interest, & I am "betting" that this silver purchase will increase in value greater than 4% over the year.
"Will the gains on silver be greater than the interest on the loan", "will you have more store of value after the loan is paid VS cash silver purchases over the same time period as the loan" ?
These are the questions you have to ask yourself.
Weigh the risks carefully
rllang01 1 year ago
That is a pricey book- worth its weight in gold perhaps? I found an online copy. It's a bit clumsy and I haven't read it all yet, but the whole book can be found here: take life back dot com forward slash moltz
timetrader57 1 year ago 2
@timetrader57 I got the book for free when I helped out at Schiff's senate campaign office.
silverfuturist 1 year ago
But your operating under the false assumption that when you borrow money from a bank they are lending you someone elses savings, which they don't. They create the money out of thin air through fractional reserve banking. I have bought silver on credit and I personally see no moral problem with it. And with the rate governments are devaluing peoples savings in currency even if I were using someone elses savings it would only be a drop in the ocean.
Everyone should borrow to buy silver.
Excidium567 1 year ago 7
@Excidium567 So they are diluting the money supply when you take a loan out, you are participating in the creation of inflation it seems!
silverfuturist 1 year ago
@silverfuturist Like i said, a drop in the ocean compared to what governments are doing.
Excidium567 1 year ago
This has been flagged as spam show
@silverfuturist if u can't beat 'em, join 'em lol
preciousmetals168 1 year ago
@Excidium567 i recently got a loan for $19000 and spent it all on silver.
i think it may have been the wisest thing ive done.
instead of making the banks money ,they are going to make me money and they already have it has gone up 7$ an ounce since i bought and technically made over $5000, so im pretty happy (:
dhockkilla 1 year ago
Could you answer my previous question, Joe? I'd really like to get your opinion.
AngryPenguin27 1 year ago
Joe, here's a twist. My wife and I borrowed against our 401K to buy silver. The 401K has a rate of return of only 1.8% for the year. My rough calculations have silver up 20%. Should our speculative borrowing fail, we only hurt ourselves. However, our belief is that silver will explode in price.
BillKville 1 year ago 2
@BillKville yes, that is an interesting twist, as many of those tax deferred retirement plans don't give you the option to buy gold or silver, and many doubt whether they will be there for you decades to come!
silverfuturist 1 year ago
Good post. My feeling is borrowing money to buy silver is better than having no silver at all. Silver has made 23% per year for the last 10 years. It is set to do even better over the next few years. From that point of view, it is still a great investment and if borrowing is your only means of obtaining a significant amount, personally, I would be doing it. There are other considerations though like can I afford the repayments?
dowhatuwill 1 year ago
@LOGICvsYTIDIOTS Money can be borrowed to increase production (such as a college loan, back when college grads could get jobs and a degree meant a higher salary) consumption (want the brand new car now, don't want to drive a clunker), and speculation. Borrowing to purchase gold and silver is gambling, even though I think the price will go up a lot in the future.
silverfuturist 1 year ago
As for taking out a loan meaning you're borrowing someone else's money (3:00 or so), no! Remember, a loan is DEBT. Nobody else's money was used to create that loan. It came from thin air.
drutter 1 year ago 2
"Working a job is a good thing. Without it, things could collapse."
Devil's advocate here. Is collapse bad?
Also, your statement that "saving is virtuous" really does need to be called out. I definitely don't think I can swallow that one without some more explanation.
drutter 1 year ago
@drutter Good questions, those will require videos for each one!
silverfuturist 1 year ago
@silverfuturist
Sweet! A future filled with silverfuturist is a good future :)
drutter 1 year ago
test
bewell777 1 year ago
1) don't listen to anything Robert Kiyosaki has to say. EVER. Need proof....
Type in "Robert Kiyosaki scam" into google - 40,000+ pages!!
2) Although I wouldn't either, taking out 5 credit cards and buying $50,000 worth of gold and silver and defaulting to the banks sounds like a good way to stick it to the man and increase your wealth to me!! And a great way to get back some of the trillions of dollars of our (the taxpayers) money. No love lost to the banks.
troybr79 1 year ago
@troybr79 There is a good change those defaulted credit cards are going to be charged back to the taxpayer, our banking system and govt have become one and the same!
silverfuturist 1 year ago
I borrowed someone elses money? How does fractional reserve banking work then? Maybe I missed that part of the education. If I borrow money to buy a house, I speculate the home's value will increase overtime. As a homeowner, most are underwater as home values drop. Is this immoral? Is investing in PMs with borrowed money speculating that inflation will hit, immoral? Where do banks get the money to loan in a fractional reserve system? Is this creation of money immoral? Is fiat currency immoral?
johnboysrevenge 1 year ago
You should read the updated version by peter schiff its a 1 day read, with pictures. How an economy grows and why it crashes.
theUSER101 1 year ago
KIyosaki is so full of s*it.
He magically gets out of RE at the perfect time (which still pushing his RE investment "system") on late night TV.
And of course he magically bought silver at $3.
Dont borrow to buy any PM.
Just buy what you can each month.
cpgone 1 year ago
You should never borrow
more then you are willing to lose,
if you can at all avoid it.
Great vids, Joe! Ta. :)
Airave 1 year ago
1. So true! 2. Not only no, but HELL NO! We're in trouble because of the backside of borrowing!
chop98 1 year ago
Silver won't go up in a straight line. The problem is in the short term, the price may drop a lot and if you've borrowed, you'll be under a lot of psychological and financial pressure to sell and get out. People like that won't get back in the silver market until the market is hot at the very end and by then it's too late.
bewell777 1 year ago
Some kind soul has put The Kingdom of Moltz into a video on YouTube!
watch?v=Hi-P-pLO0vY
Thanks for yet another gem!
TheHolySpirit 1 year ago
Hey SV, I understand your point. However for me the question is simple: the biggest wealth transfer in History is now happening. If you are not on the winning side you'll be on the loosing side.
Furthermore, if you are taking a loan to buy silver, what's wrong with that? You are taking a risk, and if your investment goes right you become wealthier, if it goes wrong you try to learn the lesson from the failure.
MrVocalBaby 1 year ago
@MrVocalBaby I have a feeling after the wealth transfer takes place, those who lost their wealth won't be sitting around idly, saying "oh gee shucks, they now have all our wealth too bad for us." In this age, transactions can be rolled back, and I want to make sure the future judges me as playing fair and square.
silverfuturist 1 year ago
I agree with Kiyosaki, and I have been offered (pre-approved) mulitple credit cards by Chase and B of A over the last few months. I grabbed them up and I have used the 12-month no interest feature to buy another 7 grand in silver in addition to turning all my meager bank savings into PMs. In the context of my remaining 100 grand medical crisis debt (used to be 180 grand) and 50 grand student loan debt, this is a drop in the bucket.
My days of being a chump and taken for a sucker are over.
Torgo1969 1 year ago
@Torgo1969 The system gave you the wrong end of the stick and now you are trying to get some back it seems, I made my video without judgment :)
silverfuturist 1 year ago
@silverfuturist Yep. It seems like all who made a mistake or suffered misfortune lately are being bailed out...except for me. My estranged brother was very angry at me for not declaring bankruptcy after my 180 grand hospital stay 5 yrs ago, but if I had then my credit rating would be crap these days (instead of great as it is now) and I wouldn't be able to do what I'm doing to protect myself. I am eating like a refugee to be able to pay my debts back, though.
BTW, I always enjoy your vids!
Torgo1969 1 year ago
If you start a new job you work 1 weeks labour first then get paid ,or work 2 weeks to get 1 weeks pay, or work a month then get paid. You work first so your boss benefits from free labour without interest or capital outlay. If you borrow money ,you pay interest on numbers issued but not money that is earned.
Savings or credit,we lose out, because we serve.
itneverrains4me 1 year ago
@itneverrains4me um,but then when u quit the boss disbenefits cause he has to pay you the last week,but you didnt work,,,,correct?
18wheeler76 1 year ago
@18wheeler76 ,(depends on your conditions/country) for every year you work,you are always paid in arrears,rent, food ,insurance,etc are paid in advance, wages don,t.
itneverrains4me 1 year ago
@itneverrains4me Great food for thought there!
silverfuturist 1 year ago
Morals will make you dead. In a collapse.
goodagofilms 1 year ago
@goodagofilms Unless some religious figure comes down like so many prophecies are predicting, or there are aliens up there looking for some good moral people to take on their spaceship. I am just kidding... maybe not... I dunno trying to figure out silver is challening enuf :)
silverfuturist 1 year ago
Should I sell my gold to buy a car cash and avoid a loan?
Or take out a loan and when gold takes off just pay off the loan ?
Timing IS critical ( Like, before inflation )
stratcatavarious 1 year ago
@stratcatavarious Trying to game it requires skill... the banks are creating the rules of this game as they go along! I can't say if the timing will work.
silverfuturist 1 year ago
Lend from the banks? Never. If you can't afford it you don't own it.
Mort = Death
Gage = Pledge.
Romance languages will reverse the words; thus, Pledge of Death or Pledge to Death... you get the meaning :)
TheReallitycheck 1 year ago 2
@TheReallitycheck goede
Doenietmeermee 1 year ago
@TheReallitycheck Dang never thought of the literal meaning, that is scary!
silverfuturist 1 year ago
will it work sure. is it moral, who gives a shit.
labartic 1 year ago
WOW, i have to disagree with you here joe. LOL. This is the information age, labor is old school. Is it moral? HMM, credit isnt real any ways like fiat money but worse. They make up the credit so basically the money they are giving away is made up so no moral issues should arise.
charlesfuchs 1 year ago
@charlesfuchs But work is labor, labor of the brains! Zombies eat brains.
silverfuturist 1 year ago
Hi Joe, I just posted your vid to my FB group called Why Buy Gold? I would often think about this when I didn't have any gold &I wanted to buy some knowing what was going on 2 yrs ago. I have asked this question to many people (incl experts in the biz) & no one has given me an answer in the same direction as you. Man and woman's labour is stored in the gold/silver. So if one borrows $ to buy it, it is skipping a step in the way a free market works. And isn't that what we are all striving for?
KURDYPEIN 1 year ago
@KURDYPEIN Insightful opinion! I don't have a hard answer for this.
silverfuturist 1 year ago
is paper money not a fiat currency?
the banks lend money out of thin air,then charge interest on air money.
if you do not pay,they then in turn take hard assets,ie cars,land,homes.
buy gold and silver with thin air while you can.
everythingisfake1973 1 year ago
too bad he is in prison still eh?
odin422 1 year ago
Joe, this year I stopped contributing to my 401k and started buying silver coins. My 401k savings is still there intact. Is this a good mindset in your opinion??? Thx Bob
boob1019 1 year ago
hey Joe! I believe The purpose of owning Gold is to eliminate third party involvement, Take out a loan, and your paying intrerest, to me that would defeat the whole purpose.darrell
silverjunky999 1 year ago
Precious metals are not investments. They are insurance against inflation. If you bought a house a hundred years ago for $500...that would be worth so many 1lb. steaks or bags of potatoes. The value of that house today should let you obtain the same value for steaks or potatoes. Yes, some people are quick and nimble and make short term profit on speculation but Gold/Silver are merely hedges against fiat currency...and fiat currency fluctuates up and down all the time but always ends up less.
AgouraMo 1 year ago
One thing that most people don't realise is that when you take out a loan, you are expanding the currency supply of the planet. The bank doesn't loan you anything, they just make a book entry and currency springs into existence. In the old days, a loan would mean using other people's (the savers) money. Not any more. The vid I release on Tuesday will show some scary stuff about this...even the bankers don't understand how it works.
whygoldandsilver 1 year ago
gold and silver MAY go up (and down),,,, appears to) BUT paper ALWAYS goes down.
itneverrains4me 1 year ago
I was gonna say what Eraser and Gitanu said. Also, where does one go to find out the cost to produce gold and silver per ounce? Gold was about 300 bucks a decade ago. Actual cost is probably right around there still, isn't it? Am I missing something?
asbestosicould 1 year ago
if you borrow money and succeed in your speculation, the lender benefit from it
if you fail, then the lender suffer. The lender knew that risk already based on the interest rate they charge you
4rcane 1 year ago 2
@4rcane you're wrong to think that somehow its immoral. The lender is actually charging you interest on the money you borrow you know. Its not like he gave it to you at 0% interest. You're taking a risk, just as the lender is
4rcane 1 year ago 6
[3:130] O you who believe, you shall not take usury, compounded over and over. Observe GOD, that you may succeed.
[4:161] And for practicing usury, which was forbidden, and for consuming the people's money illicitly. We have prepared for the disbelievers among them painful retribution.
ik999 1 year ago
Its not others people money, it's imaginary money, when you get a loan 99% of that amount just appears out of nothing, is not taken from someone else's account. It's basically just a promise you make to produce and perpetuate the system. In that way of thinking it's immoral to make a loan to start a business.
Gitanu07 1 year ago
I agree with you Joe, but w/ one caveat... if you "borrow" money from a bank, or a credit card, or a home equity line, or things of that nature, who's money are you really borrowing? Who are you transferring the wealth FROM to you if that borrowed money then results in your profit on PMs? If the money is created from nothing but your signature, aren't you really borrowing against yourself? Sure, you pay back in lesser valued fiat notes, but who is actually losing? It's only paper, not wealth
Eraser7622 1 year ago 2
Hmm, Morality this is new :) , You're very non-political, but I was wondering if there are any topics you purposely steer clear of in your video essays ?
OzClawhammer 1 year ago
It seems pointless to borrow. Because you are the one assuming ALL the risk. And no matter what happens the bank will gain no matter what. Thanks for the video!!
greatlakescrow 1 year ago
Borrowing from a bank is never a good idea, particularly in times of strife and transition.
Consider the crime of 73, when they demonetized silver and went on the gold standard. Not only was the silver that people possessed made almost worthless but silver you borrowed from a financier or bank was owed back in the form of gold. This caused immediate deflation and a 28 year depression.
chocomalk 1 year ago
I see your point silverfuturist. What you are saying to me is don't get greedy. And greed will take people down. Isn't the old saying in investing is pigs get slaughtered?
bewell777 1 year ago
Where did the bank get the money they might lend you anyhow? Did they lend you a pensioners life savings deposited in an account or did they just conjure it out of thin air when you entered into the loan agreement. Is it wrong to borrow against your future earnings/labour (assuming you stay employed). However I'm sticking to the rule 'nerver a borrow nor a lender be' and that includes deposing/lending to the bank..
ford7777777 1 year ago
I have a great recommendation for your next video. "Aftershock" Protect Yourself andd Profit in the Next Global Financial Meltdown by David Wiedemer, Phd. I'm reading it now and he outlines the type of financial crisis that will occur and gold and silver's role in it. I heard about Schiff, Morgan, Maloney and all those guys, but didn't hear about Wiedemer.
bewell777 1 year ago
@silverfuturist - Interesting analysis. Do you own a credit card? Ever bought on a car on credit? Ever bought a house on credit? Is there is moral difference between borrowing for speculation versus borrowing for consumption? What if I'm borrowing/speculating in order to donate most of the money to food banks after the collapse? What if I'm borrowing/speculating to assist my friends/family/loved ones after the collapse (or at least the ones that have refused to follow your/my financial advice)?
sparx832 1 year ago 2
@sparx832 I have a credit card but only I only use when cash is logistically difficult, and I pay off my balance fully before the end of the month. There is a bit of hypocrisy with me owning a credit card, but my intent is to facilitate transactions and make a financial ploy, the dollar amounts I use are so low.
silverfuturist 1 year ago
If you use that mindset, though, you have to look at the current price as if you were to buy it with your money to make that decision. Don't think it would only be a good deal ONLY if you buy it on credit.
DennyDFW 1 year ago
Just to add to that. Yes, I bought bullion low on a credit card and paid it back on time (when silver was higher LOL).
DennyDFW 1 year ago
Hey, SF, I'm glad you mentioned Peter because I've been meaning to ask you about him. Peter's advice has been to get into precious metals, mining stocks, and conservative foreign stocks.
Precious metals are pretty accessible for lower income people but managed portfolios aren't so much. Peter's mutual funds require $2,500 start-up and $250 minimum purchases after that.
So what do you think the best advice is for someone just starting out with little to work with? PMs? Stocks? Both?
AngryPenguin27 1 year ago
@AngryPenguin27 In the 70s to 80s bull run, silver and gold bullion outperformed mining stocks, and it didn't have a counter party risk. If Mike Maloney is right, then bullion is more than likely to outperform other ways of playing gold and silver.
I think of it this way - it takes more effort to own physical as it does for a managed portfolio, and in my experience taking control yourself often works out better.
But I could be wrong :)
silverfuturist 1 year ago
@silverfuturist Isn't it true that mining stocks out-performed bullion 40:1 in the 1978-1980 mania phase? Bob Chapman's newsleter espouses same & I have several articles documenting that if you would like me to send you the links. I am in both bullion & shares for leverage when the T-bill
CoinsFreedom 1 year ago
@CoinsFreedom Aha, I think that Mike did his analysis from a different start date than 1978.
silverfuturist 1 year ago
This is exactly what happens in real estate investing. Who buys a house cash to either flip or rent? Get a loan and either rent it out for more than your mortage or sell it for more than you bought it after you fix it up and pay off the remaining loan. There's investing and then there's POWER investing. If someone is willing to give you the money, use it to your advantage. No moral dilema in my book.
DennyDFW 1 year ago 2
worked for me but not pushing my luck. Max Keiser says everyone should max out their credit cards and buy it
ford7777777 1 year ago 2
@ford7777777 Cool. I'm glad to be on the same page as Max. Good company.
Torgo1969 1 year ago
@ottaibi I was in a hurry so I used my iPhone, the camera takes a lot longer to make videos. The video is still processing, quality should improve later.
silverfuturist 1 year ago
I have wondered about this but don't trust banks funny enough
GuildF40 1 year ago
@GuildF40 Great point, if you can't trust the banks, then the decision is easier :)
silverfuturist 1 year ago