very good advice. this brings down to earth people who are easily carried away by rhetoric. but one of the foremost "physical" gold bugs was caught napping when MFG caught him off guard. people will be more reluctant to invest in companies now.
Judging by the comments here, John is 100% right. Too many precious metal investors are dogmatic about physical silver and this is too their detriment. Silver could very easily slide downwards as the paper market continues to have its influence. Diversification is finance 101 those who talk about counterparty risk must also be aware that zero counterparty risk means zero income generation and that the only way to make a profit is from capital appreciation. This is a risk in itself.
Diversification in tangible assets is good, but paper assets are garbage, whether stocks, bonds, or currency - they are going to zero because they don't have intrinsic value, and the global debt cannot be repaid. All the institutions and governments that are in charge of these paper ponzi schemes owe more money than they can ever repay. You should be ashamed of yourself for steering people into this. You know what's going on. Stop working for the evildoers.
You're deleting my video responses. I can tell because if you didnt then when I click on "create a video response" that video wouldnt be an option because it would still be in wait to be accepted or not.
This isnt the first time I've had this issue with your videos. Im starting to think that there's more to this. If you have some type of investment reason or something like that then say so, but I know that vid responses dont repeatedly disappear bro.
@TruthOverFacts Mr Suspicious... I approved your response to this video yesterday... I saw it was a video response to some other vid tho - So perhaps thats where your confusion was.
@TruthOverFacts I just checked and it was there now. I've approved it for a second time. You are aware that if you make it a response to any other vid as well, it will no longer be a response here and you will, like you had to now, re-request the response video. I don't think I've ever rejected any video responses - unless they were obviously an attempt to spam, advertise or like that.
Your proposed bond purchase does not even show a 12 month track record, hardly a fair example. If you had purcased the bond and cashed in after the 5 months you use as an example you would have got 5 oz silver return at $30/oz thats a return of $130us as its us$ its worse than this for aussies but in simple terms thats a return of 6.24% per annum. I can get better in a bank and my money is NOT leveraged many times in Bolivia!!! Its risk for reward & the bonds are a shockingly bad deal!!!!
@AllHydrogenAnswers The video uses a bond and a stock as an example. Having purchases silver at "any price" (when it was $45) as I was INSTRUCTED to do by the religious folk among us... well thats also a bad deal. The bond saved me actually 45% in 5 months when you consider the opportunity of being able to purchase silver much lower with the cash now (which I'm doing). My point is simple - its not ALL about PHYSICAL. many ways to skin a cat.
Sure Diversify into a number of hard assetes that you can hold in your hand. Buy a safe and tell no one, but dont go for these paper ponzi gimmicks where your money goes into the likes of J.P.Morgan & into an account in Bolivia, After being leverage many times over & each time the creditor has a superior claims on funds than you do in the event the scheme cant find enough suckers Opps I mean investors to keep functioning. Shame on you John for promoting these schemes, do you get a commission?
I have no idea what the average investor is going to be able to glean from this video, but it's hard to argue against diversification, so you've got a point! I only have a few thousand dollars to my name, so the amount of silver I have is quite small and manageable. If I had 50,000 or more to invest, sure, I would invest in friends' companies etc etc as you mentioned. But I don't, so I hold silver and a tiny bit of physical gold. It's not dogma, it's just all I'm able to do right now.
@drutter but your also not telling people who do divest the errors of their ways and how the only way to navigate this financial time is to hold physical silver.... THIS is what the video is addressing... not those with smaller financial influence.
Sounds like you have a recommendation for me, as a fellow YouTuber with a focus on silver. I'm sure I'm doing many things wrong! But this comment box is too small... maybe we'll chat about this at length (if it's important to you) by MSN or PMs. :)
I understand, John, that the point of your video is to diversify - not that one should invest in a bond, instead of PM's.
Like you said, invest in a business inventory - that is also tangible assets and provide income & if inflation goes wild, inventory value goes up too.
Holding some CASH would have been wise, instead of buying silver in the 40's; one who held some cash as a form of diversification would have done well.
I think people just went BLIND SIDED and focused on BOND Vs Silver issue.
I totally agree with you John, diversification is Key! But the problem is most act like they know what is best way of diversifying, especially if a few or even all of there predictions are right. Truth is no one really knows except for the those who control the markets. (ooooh conspiracy theory :P ) And while you can study the markets and even be spot on, no one really knows! Even those who are 100% on the mark, were making "Educated GUESSES!" (I love that quote, what an oxymoron!)
I understand what you're saying, but you must realize that you're not dealing with investors, right? A good number of the people that watch your channel are not investors and have no interest in becoming an investor that is in any way tied to the current fiat system. In a lot of cases, you're dealing with people that are primarily interested in protecting themselves from a financial armagedon, and in the process, they want to stay as safe and physical as is possible. Anything else is too risky.
Interesting John... I for one can not make myself diversify into the non-tangible at this time though. I personally think the risk is much to high at the moment. I'll only buy things I can touch and feel right now. I've been shaken out of the market and I'll stick with soap, land, food, fuel, bullets, and silver. I don't care if I become rich. I just want to survive. Cheers!
Reality check! ..... The great reset is imminent ( march-may 2012) and the Western governments have their loyalty to the banksters ....they're all in and they don't give a shet about you or me. Choose wisely your counter-parties in contract and hold tangibles at home, a sea change is a certainty not a maybe. Prepare yourselves mentally and stay lucid, this is not a dress rehearsal. The end of perpetual "groundhog day" is a good thing . The matrix is imploding as the Truth rides in .
the bitchin illuminati eagle symbol on that bond is awesome. Evil paper-money schemes are so awesome in their awesomeness. Fuckin awesome! Gimme some of that fuckin paper!
I tried Royal Silver last year, best silver buying experience I have had so far bar none...seriously thinking about the bond because of your previous video and this one as well. The forums were full of naysayers about this company...just proves to me that there were a lot of folks didn't know what they were talking about...bottom line: I am one of the few in the world who own 5x9's silver and I like that just fine, good video, going straight into the favorites
I cant believe John doesnt understand the concept of counterparty risk! Everyday Governments make decisions and manipulate conditions in ways that can effect lots of markets or commodities, this may effect whether an investment or a bet you make turns out to be a good investment. This is however totally different to counterparty risk which is more like your bookie declaring bankruptcy and therefore not only failing to pay you for your winning bet but you also lose all the money in your account.
You guys need to take a good long look at yourselves. There are plenty of you, I believe, that are indeed the type susceptible to joining cults and religious extremist groups.
@YouAreNotFree1 you don't think perhaps the paper bugs are a bit deluded thinking the US government is going to some how come up with 60 trillion dollars to cover its future liabilities.
John I suggest you look up counterparty risk. Diversification is only one mean of reducing counterparty risk in case just one company you invest with or in goes bust. But if there is systemic failure all the companies you invested with could go bust.In this case diversification the way you are promoting it will be useless. Never before have entire once first world nations gone broke little own half a dozen at one time. Gold/Silver has NO counterparty risk. We are buying insurance not investing.
@ChrisPCrunchy Yes Im sure many investors with M.F.Global had invested in a wide variety of the diverse assette classes that M.F.Global offered. It didn't help them when M.F.Global went belly up.
@ChrisPCrunchy Gold and Silver also have counterparty risk - we're risking the fed prints to infinity.... now, the odds are in our favour - but the counter-party risk is there... if they are either unable to print (for political reasons) or choose to stop printing (god knows why) then gold and silver are toast. we know this - and we consider it an acceptable risk for potential return. this is how you should approach every investment. does the risk justify the potential return
@stellaconcepts That is not counterparty risk. Counterparty risk is the risk you take that the party with which you have a contract or place your funds fails to make good on their agreement with you and defaults causing you to lose your funds or investments, As physical gold or silver can be held in its physical state by the investor there is no second party involved that can default causing you to lose your investment. Sure it can go down in value but can never physically cease to exist.
very true on the counterparty risk, how about showing all my comments on that video? they were deleted, anyway i was probably a little bulldoggish on my comments regarding the silver bond stella and may have even come across as an attack, cash is trash to me but maybe not to you, good interview with mike maloney, later
John, I believe you're not factoring the risk of not getting your principal back from Royal Silver. I would rather see folks building up their cash position and then buying silver on dips.
I disagree with the message in this video. However, you can do whatever you want with your money. Thats your free will to do. My opinion: There's a difference between diversification and smarts. you can be diversified with tangible assets. Taking a chance on a bond and touting that you're right because of the "nominal" direction silver went would have meant nothing if the system tanked and you were holding on to a worthless bond. Its an unnecessary RISK not worth $5000 thats NOT diversification.
@TruthOverFacts Its not about the bond... the bond was an example. An example of how violent some people on here can get for making a decision outside of holding just physical stuff... it could have been a stock example, investing in a business etc....
@stellaconcepts I understand that. Some people are more agressive than others. As I said earlier people are able to do whatever the see fit to protect themselves and accumulate wealth. Stocks, like the bond I simply dont see as diversification because the problem isnt just the stock or just the bond or just the currency, the problem is paper and virtual credit. What im saying is that it isnt diversification, its gambling....which in my response video I did say you seem to be good at.
Owww John, You're gonna get some major league hate mail. Even if you ignore the gold bugs, major league investors like Jim Rogers and Marc Faber who are forecasting a blizzard of money printing.
The silver bond is better than sticking it in the bank but I'm not sure how it will be received due to inflationary fears. If it had an option to convert the $5,000 principle into silver upon maturity, that would attract a lot of interest (provided JP Morgan isn't the parent holding company).
@penguinistas Not sure, but in their terms of use document it is given at wire transfer information: Bank Wire Transfer Address: Please see our bank wire instructions:
Bank: JP Morgan Chase Bank
Bank address: 1040 Weston Rd, Weston, Florida, USA
Bank SWIFT: CHASUS33
ABA Number: 0214021
Routing Number: 267084131
Interestingly, in their brochure another Bolivian based bank is given for wire transfer purposes... maybe that is tied to the club membership only
We use Chase for wire transfers to Bolivia and for credit card authorizations, because they offer the best and least expensive service. Please rest assured, your money will be in Bolivia and safe with us.
Completely agree. Even though I trade options, I also own oil and agriculture stocks that pay good dividends, a few mining stocks, of course some physical precious metals, and some cash in case of a various crashes so I can take advantage of people panicking. I will probably be purchasing a foreclosure property during this year. Anyone who says only one particular asset class should be bought is making a mistake.
Im diversifying by buying gold and silver. Prior to that we just have our house and super (iron and coal miners, banks and cash). The majority of people would still be considered to be diversifying when they buy gold and silver. Seeing as the vast majority of people have practically no exposure to metals and many hundreds of thousands of dollars exposure to property (in Australia). Get what Im saying? I was less diversified when I didnt have gold and silver.
Of 2 minds on this. Someone once said "Diversification is a strategy to NOT lose" not a strategy to win. Mike Maloney would call these price movements "short term noise". These are also anything but ordinary times (MF global, bankrupt nations etc). I also agree with the investing in your own education (but not with a sky high college bill).
I am diversified (I have houses and silver.) so I won't lose, but I also won't win.
This seems like a pretty good investment at the moment, especially for non US investors. I anticipate some short term strength in the USD over the next year or two with a slow down in china on the cards and a recession in the euro zone to boot. Inflation is running high here in the UK and I don't anticipate any slow down in that with all the QE thats been going on, so for a UK investor you will probably see a capital growth on your investment due to USD appreciating agains GBP, plus 24oz AG.
Under normal circumstances I would agree with you 100%, John. Unfortunately, circumstances are anything but normal. MF Global robbed it's clients with impunity, the government is bankrupt, banks are insolvent, and the lines are blurred between all of these entities. Personally I'fe gotten to the point where I don't trust anything or anyone in the financials, except for gold and silver. I'd rather have something that I can hold in my hands and that can't be corrupted.
Opportunity cost is the real killer in this example. We as human beings are always asking ourselves, what if? what if? what if? We silver & gold bugs have to stop looking so closely at the spot price of metals and consider the purchasing power of our personal investments. In addition, we need to think about protection from inflation which robs us all of wealth and the best way to do that is to exchange currency for hard assets or at least assets that offset inflation.
Investing in your own business should be the ultimate goal of all investments. Good call about that silver bond. I would not buy that bond at the time you recommend it and I would not buy it today. This is me, each investor has to found his own way that suit his risk profile. There is not really wrong or right ways as long as you make money.
Critics are saying that they would not invest the way you recommend, that is not mean that you wont make money or it is bad advice.
Most of the rational investment advise (such as this) really only starts coming together when you have real capital to invest.
Those investing with only a few thousand need to review their most basic fiscal dealings before they worry about being savvy and trying to hit a one time super investment. This is the case with a lot of the PM speculators; who hope that the end of the world will be their pay-day. This is lazy, and no different the rest of the mainstream who CBF doing their own research.
@jlov2 This is so true. I was that person as well (hoping the end of the world would be payday) if I am to be completely honest. The best thing I did was shake that shit off...
Come on guys, Stellaconcepts is just putting the information out there , its up to you to make the final decision to invest in these instruments. I 'm grateful to him for introducing the Royal Silver Bonds paying 1 oz of silver per month, this is a new innovative idea and it works for me. In the event of a fiat ponzi currency dislocation , I will convert the bond to silver ozs. There , I'm hedged.
Once you understand all of this there is no way in hell smart money like mine will go near a bank or brokerage house, until after the system is cleansed from these shenanigans.
Now lets assume you think it's just a "liquidity problem". OK no problem but I am not depositing my wealth on what I consider insolvent.
Also as a side note the problem is a lot worse than what I have described. Derivatives make the situation worse for example in an easy to understand example lets you owned gold and silver certificates and you used those as collateral for a loan. You think you are solid but your counter party does not have the silver or the money to cover you.
@davincij15 There are right and wrong ways to invest... if you want silver, get physical, if you want stocks, get quality not penny crap, if you want to invest in your own business, do it prudently... and so on. But there WILL come times you lose on a diverse investment... it seems a lot of people are scared of losing... which is good... but they shouldnt let that stop them making wiser choices.
@davincij15 +1 for derivatives. No one seems to appreciate the extent of debt in the system that is being/has been caused by these 'financial products'. As Lehman and MF Global have shown, counterparty risk as a result of derivatives is like trying to estimate the amount of dark matter in the universe.
The banking system IS bankrupt. Let me prove it to you. Lets say you wanted to get a loan to float you threw the bad times you are having. In order to get a loan you need to post collateral but because of the bad times your asset values have dropped. No problem change the rules to allow you to mark it to model and now the asset value is what you say it is and like magic you get a loan on your asset.
BS. Complete BS. Diversification is for Millionaires (>8 in USD) who made it. If you are poor (below 100000 USD) you have to hurry if you want to make it in your lifetime. You have to risk some shots you are sure about. Diversification is only for the sheeples who believe their banc advertisor and for the really rich. Otherwise you have to fight hard, not diversifying.. Silver may be this opportunity for some of us.
Eh Stella, just admit it - you're a trader who's tooting his own horn. It's cool that you are one of the 50% of metals traders who's made money moving gracefully in and out of positions over periods of a few months, but a lot of your channel subscribers are long-term investors, and you're insulting them here. Not very classy.
Aside from non-name youtubers the only person I listen to who says they are not diversified is Mike Maloney (although he claims to be diversified into gold AND silver). Everyone else (Faber, Rogers, Schiff, Bass, Einhorn, etc.) owns paper investments and real estate in addition to their metals. There's a reason why they don't suggest to be in 100% metals. Many people can't stomach the volatility and many people aren't comfortable storing 100% of their wealth in a safe or buried in the backyard.
@TheSchaefReport Its Ironic that he says that he's not diversified... while he might not be diversified that much, he runs one of the biggest gold and silver dealers in the world... investing into your own business is diversification.
Guys! Holding gold and silver is not diversifying. This is a 1 shot approach by any stretch of definition in the Finance world. Diversifiying is holding Gold, Silver, Stocks from different industries, Bonds from different countries, different currencies, beeing invested in China, Europe, Latam, Real Estate .... etc. pp. Holding PM's only is the opposit of diversifying.
The guys who don't understand diversification will continually get wiped out in any an mostly all investments. Just like I believe most of the ppl who buys only gold and silver rode this market up to 50 and will ride it right back down. If silver does go back up, say over 50 - they will ride it right back down again since they r in love with their investment. Breaking up is the hardest thing to do when ur in love.
I don't love gold and silver I use it for what it is.... a LONG term store of wealth that can not go to ZERO.
Not rocket science here.
There are many ways to invest, but what if your objectives are NOT to invest but to SAVE for the long term. If you had to got to jail for 30 years and had one asset class you wish to put all your savings into what would it be?
@davincij15 U may not b, yet many love their silver since they don't know they r smitten. I agree that everyone should hold a core position in gold. Also, one should hold fiat currency too. The % is the holders choice. Richard Russell is advocating for all of his subscribers to buy gold, for he thinks Bernanke will print more. Its probably true, yet what is the timeline for inflation! I would hold both!
one of your best yet mate....thanks for the reminder about the Royal Silver bond...I looked it up again just yesterday funnily enough and plan to buy one this month.....thanks to you I will save a hundred bucks! Oh and I spun out seeing you driving around Sinnamon Park.....my folks live in Windemere Estate.....you are so right....now I have a reasonable core position in physical Au and Ag I am looking for something new this year....diamonds, rare earth, some Canadian juniors and some cheap Bigs
I took the RS opportunity and now have 6 Macaws. At spot of $30 I am getting about a 7.3 apr return and could get around twice that if I were to sell them as collectible. That kind of return is not too bad in this environment. RS seems to be a solid outfit, I talked a bit to Brian when I first bought the bond and was impressed with their service.
Thanks for pointing out this opportunity. It's a great way to not only diversify, but it monetizes Ag a bit as well. Other miners need to follow.
Most people are buying PM's for the simple reason they have lost faith in paper or any derivative...also primarily it's a loss in faith of governments and their fiscal responsibility :)):)) doubling the money supply becomes exponential !! If you are too diversified you might not have that luxury of time to move assets into PM's !! So just sit tight and wait it's a mathematical invevibility z:)):))
Good points, good vid, maybe a bit too much "I told you so" but, getting al lot of crap from fundamentalists, you may be a bit entitled to it. After you put out the vid on the RSC I was interested in buying a bond, but, being small fry, the 5.000 pricetag was, and still is, too much for me. Bugger:) As I type this, this probably will be your least liked vid ever but hey, I don' think you loose sleep on it:) Too bad you're getting pooped on for naming the benefits of diversification though.Cheers
I think many of us, I know I was scared of taken a chance. Listen, you mention some of your winners, but in all honesty, how about your losers, like Strategic Elements, the rare earth mining company you pushed in a slick way?It is worth almost nothing.That was a weird deal.
But with silver,almost all your silver gurus have always said physical silver,period,even you early on.But sure basic investing and diversify.But gold and silver,physical,no paper,but yes, good gotcha video
again, very wise words. there is no way you can construct a logical argument against being diversified (in a general sense) and yet i see people desperately trying to do this. nothing is for certain!!! it's all about being dynamic and playing it as you see. haters gon hate.
Diversification = diworsification. But it's all about the risk / reward you're looking for. More diversified = less risk. Diversifying away from the largest gainers = less reward.
This is the most non sense video you've made to-date ! these current prices will be blown away in the next 2-3 years. if you're buying physical silver for short term gain you've got it all wrong, you should be buying futures or some crap like that.
If this "royal silver" company had gone bust your are basically left with a couple of ounces of real silver and a worthless piece of paper !
Well stated. I have found that the End of the World as We Know It, "Prepper" mentality significantly affects some individuals "investment" strategy. As a small time investor, I find that attitude both humorus, and sad. I'm not in this to get rich quick, or survive the mythical total ecomonic collapse, I'm in this to have a net increase in my long term wealth using strategic diversification to weather bullish or bearish markets. Keep up the good work and remember SMART isnt always popular!
I agree with the criticism of a fundamentalist attitude regarding bullion. However, I dislike diversification. Remember, a doer of all and a master of none. You may understand silver stocks, but that means nothing with tech stocks, bonds, forex or real estate. Stick with what works and expand.
Finally what is the one thing you spend your a large part of you time doing? Trading. Everyone else here works we don't trade.
We silver and gold bugs just want to save, save, save. We don't want to worry about he is it time to get out of this asset move into another asset on a daily, weekly monthly or yearly basis.
Most of us here are workers and savers try to figure that out.
I think your advice is sound. It was insulting with the Dog thing. But that's how you are when you disagree with people.
With that said my issue is diversification into financial products when the banking system is bankrupt is like in vesting in madoff after finding out he is running a ponzi. Sure you don't know when it will end but why bother trading in and out of it.
As for cash holdings you have a limited point as it should be limited to fixed costs or cash you are willing to lose.
Diversification is not necessarily THE key to wealth creation but rather a plan for wealth preservation and security. In times of crisis and despair you want to be in THE single best asset (class) possible with ALL chips (play money) - surely not with your "core" reserves for your family. Severe economic depression is the point where the foundation of fortunes are made... Beside that growing rate of independence generally ("off-the-grid") is useful when a decadent society dies.
@janius777 Jim Rogers said something similar a couple of years ago: if you want to grow your capital you have to concentrate on few sectors. In his case, agriculture and comodities (silver being his number one).
@whippoorwillss I still scoff at them, cause I know a lot about the market - my dad was an opal miner and a mate is well versed in the diamond market. Nothing personal and if you can make a buck out of it - go for it... but its really not something I am interested in.
I understand what you are saying about diversification and I respect your opinion and track record. With that said, I'm not diversified yet I'm not a small fish, either. I'm in the US right now. The stock market (imho) is in a bear market, bonds (imho) are in a bear market, cash (imho) are in a bear market.
The only thing I feel comfortable holding right now is medal.
@stellaconcepts how is one to diversity John if your an average joe like the majority of your subscribers? Trading seems like a zero sum game for the average trader, and the lucky 2% do very well. What about the other 98% of us. How are we to protect our future purchasing power long term? I am open to your advice instead of bashing all the metal stackers here. Most of us dont have your investment savvy. Just my opinoin. Thanks!
@jamaulbrown You don't seem to understand that the dollar strength is only measured against other fiat currencies. My cost of living hasn't gone down since the dollars minute appreciation, the US dollar index could be 100, yet a barrel of oil could be $150. They don't take commodities in to account when determining the USD index, it's all an illusion.
Oh boy, where to start. First, diversification is an absolute scam perpetrated upon the minion class to steal their wealth. How can one diversify in a manipulated, propped-up paper market? The true art of investing is not throwing a bunch of money at the wall and seeing what sticks, it's learning about WHY to invest in a certain asset and then doing so with conviction. You are quickly losing yourself back into the illusion of investing and markets.. John, they don't exist.. they're all FAKE!
@Eraser7622 Oh - and throwing money at a wall isn't what I call diversification. Every investment you make you naturally need to do the due diligence.
You're sincerely a fool if you believe the markets are free, genuine, or otherwise free from total manipulation. Hell, even if you only know about HFT computers and platforms, you'd know this is true. Do you deny other obvious things in your life too?
@Eraser7622 Prices go up if there are more buyers then sellers .. It's really that simple .. and regarding HFT's - I don't see how that's considered a manipulation of anything.. If you put a market order in, and get filled at a higher price then what was offered when you hit "buy", that's your fault.. Instead - use limit orders.. It's all part of the game..
@Eraser7622 I wish I could give you more than one thumb up.Very well said. I thought John also believed as you say. He gave out copies of Mike Maloney's book who believes as you say here so well. Thanks
@stellaconcepts Yes. US junk silver is my favourite. Those coins seem more real and authentic than shiny new bullion. I like silver coins that were used as actual money.
D is the key baby! Hell I still hung onto 300+ oz. of silver in the dive. I know to some that seems crazy but I still was able to move profits from my early purchases around $11 US an oz. into some cash and started trading with the remaing 15k US. I am a very small investor but what the heck. I would be stupid to keep it in the bank at less than 1% or worse yet, leave it all in one place. There are some great practice accounts out there that don't cost a thing. Go practice for free. Thanks John!
very good advice. this brings down to earth people who are easily carried away by rhetoric. but one of the foremost "physical" gold bugs was caught napping when MFG caught him off guard. people will be more reluctant to invest in companies now.
nayanmalig 1 month ago
I would have to say that this is the best video John has made to date.
ParanoidGallows 1 month ago
Judging by the comments here, John is 100% right. Too many precious metal investors are dogmatic about physical silver and this is too their detriment. Silver could very easily slide downwards as the paper market continues to have its influence. Diversification is finance 101 those who talk about counterparty risk must also be aware that zero counterparty risk means zero income generation and that the only way to make a profit is from capital appreciation. This is a risk in itself.
PLooBzor 1 month ago
Diversification in tangible assets is good, but paper assets are garbage, whether stocks, bonds, or currency - they are going to zero because they don't have intrinsic value, and the global debt cannot be repaid. All the institutions and governments that are in charge of these paper ponzi schemes owe more money than they can ever repay. You should be ashamed of yourself for steering people into this. You know what's going on. Stop working for the evildoers.
R0nPaulFan 2 months ago
John,
Good video except for the neglect of counter party risk. Gerald celente got burnt big time following paper money...
still the concept is correct to diversify and a thumbs up!
bharatabvks 2 months ago
Excellent video. Its a shame seeing all these "you don't know what you are talking about" comments.
Pullingmyselfup 2 months ago
gerald celente lost a lot of money in paper, everyone to their own, i will buy physical maybe two dimensional but safe
AIlSeeinGuy 2 months ago
You're deleting my video responses. I can tell because if you didnt then when I click on "create a video response" that video wouldnt be an option because it would still be in wait to be accepted or not.
This isnt the first time I've had this issue with your videos. Im starting to think that there's more to this. If you have some type of investment reason or something like that then say so, but I know that vid responses dont repeatedly disappear bro.
You're raising my suspicious eye.
TruthOverFacts 2 months ago
@TruthOverFacts Mr Suspicious... I approved your response to this video yesterday... I saw it was a video response to some other vid tho - So perhaps thats where your confusion was.
stellaconcepts 2 months ago
@TruthOverFacts I just checked and it was there now. I've approved it for a second time. You are aware that if you make it a response to any other vid as well, it will no longer be a response here and you will, like you had to now, re-request the response video. I don't think I've ever rejected any video responses - unless they were obviously an attempt to spam, advertise or like that.
stellaconcepts 2 months ago
This has been flagged as spam show
please subscribe to my page people and show me love im a young rapper from Melbourne Australia on the come up, #Donttrip
prothegreat 2 months ago
Your proposed bond purchase does not even show a 12 month track record, hardly a fair example. If you had purcased the bond and cashed in after the 5 months you use as an example you would have got 5 oz silver return at $30/oz thats a return of $130us as its us$ its worse than this for aussies but in simple terms thats a return of 6.24% per annum. I can get better in a bank and my money is NOT leveraged many times in Bolivia!!! Its risk for reward & the bonds are a shockingly bad deal!!!!
AllHydrogenAnswers 2 months ago
@AllHydrogenAnswers The video uses a bond and a stock as an example. Having purchases silver at "any price" (when it was $45) as I was INSTRUCTED to do by the religious folk among us... well thats also a bad deal. The bond saved me actually 45% in 5 months when you consider the opportunity of being able to purchase silver much lower with the cash now (which I'm doing). My point is simple - its not ALL about PHYSICAL. many ways to skin a cat.
stellaconcepts 2 months ago
I measure my wealth in weight
U2Berror 2 months ago
Sure Diversify into a number of hard assetes that you can hold in your hand. Buy a safe and tell no one, but dont go for these paper ponzi gimmicks where your money goes into the likes of J.P.Morgan & into an account in Bolivia, After being leverage many times over & each time the creditor has a superior claims on funds than you do in the event the scheme cant find enough suckers Opps I mean investors to keep functioning. Shame on you John for promoting these schemes, do you get a commission?
MrHydrogenpower 2 months ago 9
This video only has a 25% thumbs-down ratio, so you're headed in the right direction!
drutter 2 months ago
I have no idea what the average investor is going to be able to glean from this video, but it's hard to argue against diversification, so you've got a point! I only have a few thousand dollars to my name, so the amount of silver I have is quite small and manageable. If I had 50,000 or more to invest, sure, I would invest in friends' companies etc etc as you mentioned. But I don't, so I hold silver and a tiny bit of physical gold. It's not dogma, it's just all I'm able to do right now.
drutter 2 months ago 3
@drutter but your also not telling people who do divest the errors of their ways and how the only way to navigate this financial time is to hold physical silver.... THIS is what the video is addressing... not those with smaller financial influence.
stellaconcepts 2 months ago
@stellaconcepts
Sounds like you have a recommendation for me, as a fellow YouTuber with a focus on silver. I'm sure I'm doing many things wrong! But this comment box is too small... maybe we'll chat about this at length (if it's important to you) by MSN or PMs. :)
drutter 2 months ago
@drutter not sure what you mean drutski.
stellaconcepts 2 months ago
I understand, John, that the point of your video is to diversify - not that one should invest in a bond, instead of PM's.
Like you said, invest in a business inventory - that is also tangible assets and provide income & if inflation goes wild, inventory value goes up too.
Holding some CASH would have been wise, instead of buying silver in the 40's; one who held some cash as a form of diversification would have done well.
I think people just went BLIND SIDED and focused on BOND Vs Silver issue.
ShoppingIdiot 2 months ago
I totally agree with you John, diversification is Key! But the problem is most act like they know what is best way of diversifying, especially if a few or even all of there predictions are right. Truth is no one really knows except for the those who control the markets. (ooooh conspiracy theory :P ) And while you can study the markets and even be spot on, no one really knows! Even those who are 100% on the mark, were making "Educated GUESSES!" (I love that quote, what an oxymoron!)
TheUltraNinja 2 months ago
Great video, wise counsel.
gottagetatubename 2 months ago
I understand what you're saying, but you must realize that you're not dealing with investors, right? A good number of the people that watch your channel are not investors and have no interest in becoming an investor that is in any way tied to the current fiat system. In a lot of cases, you're dealing with people that are primarily interested in protecting themselves from a financial armagedon, and in the process, they want to stay as safe and physical as is possible. Anything else is too risky.
veritasfiles 2 months ago
WOW!! GREAT VIDEO!! Probably best so far, good work.
MrTrentCharles 2 months ago
Interesting John... I for one can not make myself diversify into the non-tangible at this time though. I personally think the risk is much to high at the moment. I'll only buy things I can touch and feel right now. I've been shaken out of the market and I'll stick with soap, land, food, fuel, bullets, and silver. I don't care if I become rich. I just want to survive. Cheers!
nkbroncoii 2 months ago
Reality check! ..... The great reset is imminent ( march-may 2012) and the Western governments have their loyalty to the banksters ....they're all in and they don't give a shet about you or me. Choose wisely your counter-parties in contract and hold tangibles at home, a sea change is a certainty not a maybe. Prepare yourselves mentally and stay lucid, this is not a dress rehearsal. The end of perpetual "groundhog day" is a good thing . The matrix is imploding as the Truth rides in .
buyeyoh 2 months ago
Ignore the haters John. Diversification is one of the few "free lunches" in the market.
TheTiffanator1 2 months ago
Off topic.... but wanted to mention that Bitcoins are up 100% since mid-december when they appear to have bottomed =D
blazefury2010 2 months ago
Diversification is my favorite word!
JimbobOMG 2 months ago
the bitchin illuminati eagle symbol on that bond is awesome. Evil paper-money schemes are so awesome in their awesomeness. Fuckin awesome! Gimme some of that fuckin paper!
TadRapidly 2 months ago
I tried Royal Silver last year, best silver buying experience I have had so far bar none...seriously thinking about the bond because of your previous video and this one as well. The forums were full of naysayers about this company...just proves to me that there were a lot of folks didn't know what they were talking about...bottom line: I am one of the few in the world who own 5x9's silver and I like that just fine, good video, going straight into the favorites
CDNcatskinner 2 months ago
I am diversified, I've got silver and a little gold, water and food, and a little friend that likes to eat up lead and brass and spit it back out.
TheSilverbullet99 2 months ago
I cant believe John doesnt understand the concept of counterparty risk! Everyday Governments make decisions and manipulate conditions in ways that can effect lots of markets or commodities, this may effect whether an investment or a bet you make turns out to be a good investment. This is however totally different to counterparty risk which is more like your bookie declaring bankruptcy and therefore not only failing to pay you for your winning bet but you also lose all the money in your account.
MrHydrogenpower 2 months ago 17
Comment removed
dellbucket 2 months ago
2 words "MF Global" stay the hell away from diversity untill these phycos are beheaded.
colinjockgraham 2 months ago
Listen to these fricking PM extremists.
You guys need to take a good long look at yourselves. There are plenty of you, I believe, that are indeed the type susceptible to joining cults and religious extremist groups.
Freakin loons.
YouAreNotFree1 2 months ago
@YouAreNotFree1 you don't think perhaps the paper bugs are a bit deluded thinking the US government is going to some how come up with 60 trillion dollars to cover its future liabilities.
bruno188home 2 months ago
John I suggest you look up counterparty risk. Diversification is only one mean of reducing counterparty risk in case just one company you invest with or in goes bust. But if there is systemic failure all the companies you invested with could go bust.In this case diversification the way you are promoting it will be useless. Never before have entire once first world nations gone broke little own half a dozen at one time. Gold/Silver has NO counterparty risk. We are buying insurance not investing.
ChrisPCrunchy 2 months ago 22
@ChrisPCrunchy Yes Im sure many investors with M.F.Global had invested in a wide variety of the diverse assette classes that M.F.Global offered. It didn't help them when M.F.Global went belly up.
MrHydrogenpower 2 months ago
@ChrisPCrunchy Gold and Silver also have counterparty risk - we're risking the fed prints to infinity.... now, the odds are in our favour - but the counter-party risk is there... if they are either unable to print (for political reasons) or choose to stop printing (god knows why) then gold and silver are toast. we know this - and we consider it an acceptable risk for potential return. this is how you should approach every investment. does the risk justify the potential return
stellaconcepts 2 months ago
@stellaconcepts That is not counterparty risk. Counterparty risk is the risk you take that the party with which you have a contract or place your funds fails to make good on their agreement with you and defaults causing you to lose your funds or investments, As physical gold or silver can be held in its physical state by the investor there is no second party involved that can default causing you to lose your investment. Sure it can go down in value but can never physically cease to exist.
ChrisPCrunchy 2 months ago 2
very true on the counterparty risk, how about showing all my comments on that video? they were deleted, anyway i was probably a little bulldoggish on my comments regarding the silver bond stella and may have even come across as an attack, cash is trash to me but maybe not to you, good interview with mike maloney, later
AIlSeeinGuy 2 months ago
Thumbs up ! :)
ahmedvienna 2 months ago
John, I believe you're not factoring the risk of not getting your principal back from Royal Silver. I would rather see folks building up their cash position and then buying silver on dips.
silvermaple70 2 months ago
Agreed! I own Gold, Silver, Copper and a business; plus I invest in other small businesses. I'm moving into rental properties soon.
Jnoche 2 months ago
This vid is well thought out and explained, kinda SGTish, but it works! Good stuff!
Agbully11 2 months ago
I disagree with the message in this video. However, you can do whatever you want with your money. Thats your free will to do. My opinion: There's a difference between diversification and smarts. you can be diversified with tangible assets. Taking a chance on a bond and touting that you're right because of the "nominal" direction silver went would have meant nothing if the system tanked and you were holding on to a worthless bond. Its an unnecessary RISK not worth $5000 thats NOT diversification.
TruthOverFacts 2 months ago 2
@TruthOverFacts Its not about the bond... the bond was an example. An example of how violent some people on here can get for making a decision outside of holding just physical stuff... it could have been a stock example, investing in a business etc....
stellaconcepts 2 months ago
@stellaconcepts I understand that. Some people are more agressive than others. As I said earlier people are able to do whatever the see fit to protect themselves and accumulate wealth. Stocks, like the bond I simply dont see as diversification because the problem isnt just the stock or just the bond or just the currency, the problem is paper and virtual credit. What im saying is that it isnt diversification, its gambling....which in my response video I did say you seem to be good at.
TruthOverFacts 2 months ago
I'd never buy this bond. Bad idea.
gossety 2 months ago
I like what Michael Maloney says"I am fully diversified, I own both silver and gold." LOL
MoneyBags73 2 months ago
Owww John, You're gonna get some major league hate mail. Even if you ignore the gold bugs, major league investors like Jim Rogers and Marc Faber who are forecasting a blizzard of money printing.
The silver bond is better than sticking it in the bank but I'm not sure how it will be received due to inflationary fears. If it had an option to convert the $5,000 principle into silver upon maturity, that would attract a lot of interest (provided JP Morgan isn't the parent holding company).
penguinistas 2 months ago
@penguinistas You can sell the bond at any time.
stellaconcepts 2 months ago
@penguinistas I've read the fine print, they are actually conducting their business through JP Morgan. How ironic.
gerloczyek 2 months ago
@gerloczyek That's sounds scary. Is JP Morgan the bank that processes their checks or is JP Morgan their holding company?
penguinistas 2 months ago 2
@penguinistas Not sure, but in their terms of use document it is given at wire transfer information: Bank Wire Transfer Address: Please see our bank wire instructions:
Bank: JP Morgan Chase Bank
Bank address: 1040 Weston Rd, Weston, Florida, USA
Bank SWIFT: CHASUS33
ABA Number: 0214021
Routing Number: 267084131
Interestingly, in their brochure another Bolivian based bank is given for wire transfer purposes... maybe that is tied to the club membership only
gerloczyek 2 months ago
@gerloczyek This is their CEO's response:
We use Chase for wire transfers to Bolivia and for credit card authorizations, because they offer the best and least expensive service. Please rest assured, your money will be in Bolivia and safe with us.
gerloczyek 2 months ago
Completely agree. Even though I trade options, I also own oil and agriculture stocks that pay good dividends, a few mining stocks, of course some physical precious metals, and some cash in case of a various crashes so I can take advantage of people panicking. I will probably be purchasing a foreclosure property during this year. Anyone who says only one particular asset class should be bought is making a mistake.
ChristopherWalkenPUA 2 months ago
I agree with your sentiments on diversifying your investment portfolio.
Wondering what you're getting out of promoting royal silver?
Maxee76 2 months ago
Im diversifying by buying gold and silver. Prior to that we just have our house and super (iron and coal miners, banks and cash). The majority of people would still be considered to be diversifying when they buy gold and silver. Seeing as the vast majority of people have practically no exposure to metals and many hundreds of thousands of dollars exposure to property (in Australia). Get what Im saying? I was less diversified when I didnt have gold and silver.
troglodyte2084 2 months ago
Of 2 minds on this. Someone once said "Diversification is a strategy to NOT lose" not a strategy to win. Mike Maloney would call these price movements "short term noise". These are also anything but ordinary times (MF global, bankrupt nations etc). I also agree with the investing in your own education (but not with a sky high college bill).
I am diversified (I have houses and silver.) so I won't lose, but I also won't win.
7Losses 2 months ago
@7Losses Buffet would disagree with what that someone once said :)
stellaconcepts 2 months ago
@stellaconcepts Yes, but Buffet received a fair deal of "bailout" (taxpayer) money also.
7Losses 2 months ago
This seems like a pretty good investment at the moment, especially for non US investors. I anticipate some short term strength in the USD over the next year or two with a slow down in china on the cards and a recession in the euro zone to boot. Inflation is running high here in the UK and I don't anticipate any slow down in that with all the QE thats been going on, so for a UK investor you will probably see a capital growth on your investment due to USD appreciating agains GBP, plus 24oz AG.
andymholmes 2 months ago
Under normal circumstances I would agree with you 100%, John. Unfortunately, circumstances are anything but normal. MF Global robbed it's clients with impunity, the government is bankrupt, banks are insolvent, and the lines are blurred between all of these entities. Personally I'fe gotten to the point where I don't trust anything or anyone in the financials, except for gold and silver. I'd rather have something that I can hold in my hands and that can't be corrupted.
rickmalone270 2 months ago 4
@rickmalone270 So Divest outside of the markets. As i said in the video - the Markets are not the only place you can diversify!
stellaconcepts 2 months ago
Opportunity cost is the real killer in this example. We as human beings are always asking ourselves, what if? what if? what if? We silver & gold bugs have to stop looking so closely at the spot price of metals and consider the purchasing power of our personal investments. In addition, we need to think about protection from inflation which robs us all of wealth and the best way to do that is to exchange currency for hard assets or at least assets that offset inflation.
clearasvodka 2 months ago
One question, what if Morales decides to nationalize RS? Wouldn't be a first in this region of the world.
gerloczyek 2 months ago
Investing in your own business should be the ultimate goal of all investments. Good call about that silver bond. I would not buy that bond at the time you recommend it and I would not buy it today. This is me, each investor has to found his own way that suit his risk profile. There is not really wrong or right ways as long as you make money.
Critics are saying that they would not invest the way you recommend, that is not mean that you wont make money or it is bad advice.
Alexiscom1 2 months ago
LMAO @ the dog clip. It's all too true.
YouAreNotFree1 2 months ago
Most of the rational investment advise (such as this) really only starts coming together when you have real capital to invest.
Those investing with only a few thousand need to review their most basic fiscal dealings before they worry about being savvy and trying to hit a one time super investment. This is the case with a lot of the PM speculators; who hope that the end of the world will be their pay-day. This is lazy, and no different the rest of the mainstream who CBF doing their own research.
jlov2 2 months ago
@jlov2 This is so true. I was that person as well (hoping the end of the world would be payday) if I am to be completely honest. The best thing I did was shake that shit off...
stellaconcepts 2 months ago
Good video, thanks!
Casamannen 2 months ago
keep testing your own beliefs and others with evidence. Down with fundamentalism!
BTinHD 2 months ago
Great advice John! Thank you
1962Fiore 2 months ago
Great advice! I don't like rawdog, he's loud, obnoxios and very very arrogant.
wakeupitshere 2 months ago
john, ur advice kicks ass, what i have learnt from you i really should have to pay for, its that good
thanks
GSDebunked 2 months ago
@GSDebunked Feel free to send a cheque :) jk :)
stellaconcepts 2 months ago
Come on guys, Stellaconcepts is just putting the information out there , its up to you to make the final decision to invest in these instruments. I 'm grateful to him for introducing the Royal Silver Bonds paying 1 oz of silver per month, this is a new innovative idea and it works for me. In the event of a fiat ponzi currency dislocation , I will convert the bond to silver ozs. There , I'm hedged.
buyeyoh 2 months ago
@EconomicsCafe
Once you understand all of this there is no way in hell smart money like mine will go near a bank or brokerage house, until after the system is cleansed from these shenanigans.
davincij15 2 months ago
@EconomicsCafe
Now lets assume you think it's just a "liquidity problem". OK no problem but I am not depositing my wealth on what I consider insolvent.
Also as a side note the problem is a lot worse than what I have described. Derivatives make the situation worse for example in an easy to understand example lets you owned gold and silver certificates and you used those as collateral for a loan. You think you are solid but your counter party does not have the silver or the money to cover you.
davincij15 2 months ago
@davincij15 There are right and wrong ways to invest... if you want silver, get physical, if you want stocks, get quality not penny crap, if you want to invest in your own business, do it prudently... and so on. But there WILL come times you lose on a diverse investment... it seems a lot of people are scared of losing... which is good... but they shouldnt let that stop them making wiser choices.
stellaconcepts 2 months ago
@davincij15 +1 for derivatives. No one seems to appreciate the extent of debt in the system that is being/has been caused by these 'financial products'. As Lehman and MF Global have shown, counterparty risk as a result of derivatives is like trying to estimate the amount of dark matter in the universe.
DavidAKZ 2 months ago
@DavidAKZ
:)
Very few people will understand what you just said.
davincij15 2 months ago
@davincij15 can you think of a better analogy ?
DavidAKZ 2 months ago
Stella's channel has become noise. He used to be interesting.
AGbalz 2 months ago
@AGbalz then stfu and stop watching or commenting lol
Silverstack3r 2 months ago
@EconomicsCafe
The banking system IS bankrupt. Let me prove it to you. Lets say you wanted to get a loan to float you threw the bad times you are having. In order to get a loan you need to post collateral but because of the bad times your asset values have dropped. No problem change the rules to allow you to mark it to model and now the asset value is what you say it is and like magic you get a loan on your asset.
So I ask you based on that is the bank insolvent?
davincij15 2 months ago
BS. Complete BS. Diversification is for Millionaires (>8 in USD) who made it. If you are poor (below 100000 USD) you have to hurry if you want to make it in your lifetime. You have to risk some shots you are sure about. Diversification is only for the sheeples who believe their banc advertisor and for the really rich. Otherwise you have to fight hard, not diversifying.. Silver may be this opportunity for some of us.
zoggl 2 months ago 2
Wow..... the dislikes are piling up again!! FANTASTIC video and points John..... Happy New Year to you and yours!!
Skudgeboy 2 months ago
Eh Stella, just admit it - you're a trader who's tooting his own horn. It's cool that you are one of the 50% of metals traders who's made money moving gracefully in and out of positions over periods of a few months, but a lot of your channel subscribers are long-term investors, and you're insulting them here. Not very classy.
SpykerSpeed 2 months ago
@SpykerSpeed absolutely NOT. This has nothing to do with trading.
stellaconcepts 2 months ago
@SpykerSpeed Well said!!!!
Romulan112 2 months ago
Good advice diversification reduces risk. And the spirit of dog one was funny.
1silverBug 2 months ago
@8chxBLhJDy9 If I was a silver/gold dealer I wouldn't be advocating stocks and bonds either.
hotrodguitar1 2 months ago
Aside from non-name youtubers the only person I listen to who says they are not diversified is Mike Maloney (although he claims to be diversified into gold AND silver). Everyone else (Faber, Rogers, Schiff, Bass, Einhorn, etc.) owns paper investments and real estate in addition to their metals. There's a reason why they don't suggest to be in 100% metals. Many people can't stomach the volatility and many people aren't comfortable storing 100% of their wealth in a safe or buried in the backyard.
TheSchaefReport 2 months ago
@TheSchaefReport Its Ironic that he says that he's not diversified... while he might not be diversified that much, he runs one of the biggest gold and silver dealers in the world... investing into your own business is diversification.
stellaconcepts 2 months ago
@stellaconcepts Isn't the real issue the extent of liquidity and counter party risk regardless of what you choose to invest in ?
DavidAKZ 2 months ago
@stellaconcepts ps barnhardt . biz
DavidAKZ 2 months ago
Finally! Finally you guys are giving actual investment advice. Good for you, stella.
bweazel 2 months ago
i diversify, i own both gold and silver
colinjockgraham 2 months ago 9
Guys! Holding gold and silver is not diversifying. This is a 1 shot approach by any stretch of definition in the Finance world. Diversifiying is holding Gold, Silver, Stocks from different industries, Bonds from different countries, different currencies, beeing invested in China, Europe, Latam, Real Estate .... etc. pp. Holding PM's only is the opposit of diversifying.
zoggl 2 months ago
@colinjockgraham
duuuuurrrrrrhhhh
YouAreNotFree1 2 months ago
rawdog? why?
colinjockgraham 2 months ago
Comment removed
colinjockgraham 2 months ago
The guys who don't understand diversification will continually get wiped out in any an mostly all investments. Just like I believe most of the ppl who buys only gold and silver rode this market up to 50 and will ride it right back down. If silver does go back up, say over 50 - they will ride it right back down again since they r in love with their investment. Breaking up is the hardest thing to do when ur in love.
lizadfuel 2 months ago 5
@lizadfuel
I don't love gold and silver I use it for what it is.... a LONG term store of wealth that can not go to ZERO.
Not rocket science here.
There are many ways to invest, but what if your objectives are NOT to invest but to SAVE for the long term. If you had to got to jail for 30 years and had one asset class you wish to put all your savings into what would it be?
davincij15 2 months ago
@davincij15 U may not b, yet many love their silver since they don't know they r smitten. I agree that everyone should hold a core position in gold. Also, one should hold fiat currency too. The % is the holders choice. Richard Russell is advocating for all of his subscribers to buy gold, for he thinks Bernanke will print more. Its probably true, yet what is the timeline for inflation! I would hold both!
lizadfuel 2 months ago
Thumbs up here mate!
lizadfuel 2 months ago
one of your best yet mate....thanks for the reminder about the Royal Silver bond...I looked it up again just yesterday funnily enough and plan to buy one this month.....thanks to you I will save a hundred bucks! Oh and I spun out seeing you driving around Sinnamon Park.....my folks live in Windemere Estate.....you are so right....now I have a reasonable core position in physical Au and Ag I am looking for something new this year....diamonds, rare earth, some Canadian juniors and some cheap Bigs
swbarb1 2 months ago
I took the RS opportunity and now have 6 Macaws. At spot of $30 I am getting about a 7.3 apr return and could get around twice that if I were to sell them as collectible. That kind of return is not too bad in this environment. RS seems to be a solid outfit, I talked a bit to Brian when I first bought the bond and was impressed with their service.
Thanks for pointing out this opportunity. It's a great way to not only diversify, but it monetizes Ag a bit as well. Other miners need to follow.
NAVYGOLDEIGHTFOUR 2 months ago
Most people are buying PM's for the simple reason they have lost faith in paper or any derivative...also primarily it's a loss in faith of governments and their fiscal responsibility :)):)) doubling the money supply becomes exponential !! If you are too diversified you might not have that luxury of time to move assets into PM's !! So just sit tight and wait it's a mathematical invevibility z:)):))
Jerbear112266 2 months ago
Do your thing John!
organicheed 2 months ago
i take it your now in again on silver?
wesleytarbuck 2 months ago
Good points, good vid, maybe a bit too much "I told you so" but, getting al lot of crap from fundamentalists, you may be a bit entitled to it. After you put out the vid on the RSC I was interested in buying a bond, but, being small fry, the 5.000 pricetag was, and still is, too much for me. Bugger:) As I type this, this probably will be your least liked vid ever but hey, I don' think you loose sleep on it:) Too bad you're getting pooped on for naming the benefits of diversification though.Cheers
Hoepsakee 2 months ago
Hi John, You have one of the best track records that I am aware of on youtube.
Going forwards please put less focus on the negative comments.
YOU CANNOT KEEP EVERYONE HAPPY - ESPECIALLY WHEN YOU GOING AGAINST THE MAINSTREAM.
bankai7771 2 months ago
I think many of us, I know I was scared of taken a chance. Listen, you mention some of your winners, but in all honesty, how about your losers, like Strategic Elements, the rare earth mining company you pushed in a slick way?It is worth almost nothing.That was a weird deal.
But with silver,almost all your silver gurus have always said physical silver,period,even you early on.But sure basic investing and diversify.But gold and silver,physical,no paper,but yes, good gotcha video
nld1960 2 months ago
I agree 100%. I always advocated diversifying. Some Silver, Gold, etf's, stocks, real estate, cash etc....
KarlBrkr 2 months ago
again, very wise words. there is no way you can construct a logical argument against being diversified (in a general sense) and yet i see people desperately trying to do this. nothing is for certain!!! it's all about being dynamic and playing it as you see. haters gon hate.
MattyS54 2 months ago
Diversification = diworsification. But it's all about the risk / reward you're looking for. More diversified = less risk. Diversifying away from the largest gainers = less reward.
thesilverjournal 2 months ago
Good work, mate.
crubeo 2 months ago
How much are you being paid to promote this company?
JOConnor100 2 months ago
@JOConnor100 he probably owns it ! lol
onisuk 2 months ago
Diversification is one lesson I learnt from 2008. Lost over £30k. An expensive lesson.
ubikist 2 months ago
Excellent advice, and yet, here come the negatives. People have forgotten how to think critically.
1kings1918 2 months ago
RAWDAWG ISNT GONNA BE TOO HAPPY ABOUT THIS VIDEO. LOL!
lowebb8 2 months ago
This is the most non sense video you've made to-date ! these current prices will be blown away in the next 2-3 years. if you're buying physical silver for short term gain you've got it all wrong, you should be buying futures or some crap like that.
If this "royal silver" company had gone bust your are basically left with a couple of ounces of real silver and a worthless piece of paper !
onisuk 2 months ago
You oversold it with "exquisite"
lilbromarky1 2 months ago
Well stated. I have found that the End of the World as We Know It, "Prepper" mentality significantly affects some individuals "investment" strategy. As a small time investor, I find that attitude both humorus, and sad. I'm not in this to get rich quick, or survive the mythical total ecomonic collapse, I'm in this to have a net increase in my long term wealth using strategic diversification to weather bullish or bearish markets. Keep up the good work and remember SMART isnt always popular!
watcherdg72 2 months ago
I agree with the criticism of a fundamentalist attitude regarding bullion. However, I dislike diversification. Remember, a doer of all and a master of none. You may understand silver stocks, but that means nothing with tech stocks, bonds, forex or real estate. Stick with what works and expand.
siggyboss 2 months ago
Its only money folks. I'd just keep a core position in food, the metals and maybe the shares too and blow the rest enjoying yourself
ford7777777 2 months ago
;-)
skybirdbird 2 months ago
@Eraser7622 Dude just one thing, Ok if are invested in 1 thing and you think it will go up.
BUT, just have some investment in other things too, So that if first goes wrong , the others can make you living :)
gitansharora 2 months ago
one of the best vids about silve ive seen in awhile. thanks
argentcipher 2 months ago
Finally what is the one thing you spend your a large part of you time doing? Trading. Everyone else here works we don't trade.
We silver and gold bugs just want to save, save, save. We don't want to worry about he is it time to get out of this asset move into another asset on a daily, weekly monthly or yearly basis.
Most of us here are workers and savers try to figure that out.
davincij15 2 months ago
I think your advice is sound. It was insulting with the Dog thing. But that's how you are when you disagree with people.
With that said my issue is diversification into financial products when the banking system is bankrupt is like in vesting in madoff after finding out he is running a ponzi. Sure you don't know when it will end but why bother trading in and out of it.
As for cash holdings you have a limited point as it should be limited to fixed costs or cash you are willing to lose.
davincij15 2 months ago 6
@davincij15 You were one of bitcoins biggest proponents and you're trying to tell me about ponzis? :)
stellaconcepts 2 months ago
@stellaconcepts
There you go again. You insult people with false statements, thinking it's funny and wonder why they get angry.
davincij15 2 months ago
come on bro, haven't you heard silver is the new apple
IrradiateTheNWO 2 months ago
LMAO Spirit of Dog. LMAO.
Diversify SON... Diversify...
(thumbs up).
-TEW
theeastwatch 2 months ago
Diversification is not necessarily THE key to wealth creation but rather a plan for wealth preservation and security. In times of crisis and despair you want to be in THE single best asset (class) possible with ALL chips (play money) - surely not with your "core" reserves for your family. Severe economic depression is the point where the foundation of fortunes are made... Beside that growing rate of independence generally ("off-the-grid") is useful when a decadent society dies.
janius777 2 months ago
@janius777 Jim Rogers said something similar a couple of years ago: if you want to grow your capital you have to concentrate on few sectors. In his case, agriculture and comodities (silver being his number one).
MrVocalBaby 2 months ago
You scoffed at me once for mentioning precious gems.
whippoorwillss 2 months ago
@whippoorwillss I still scoff at them, cause I know a lot about the market - my dad was an opal miner and a mate is well versed in the diamond market. Nothing personal and if you can make a buck out of it - go for it... but its really not something I am interested in.
stellaconcepts 2 months ago
I understand what you are saying about diversification and I respect your opinion and track record. With that said, I'm not diversified yet I'm not a small fish, either. I'm in the US right now. The stock market (imho) is in a bear market, bonds (imho) are in a bear market, cash (imho) are in a bear market.
The only thing I feel comfortable holding right now is medal.
chuska8383 2 months ago
@chuska8383 As I said in the vid - they aren't the only ways you can diversify.
stellaconcepts 2 months ago
@stellaconcepts how is one to diversity John if your an average joe like the majority of your subscribers? Trading seems like a zero sum game for the average trader, and the lucky 2% do very well. What about the other 98% of us. How are we to protect our future purchasing power long term? I am open to your advice instead of bashing all the metal stackers here. Most of us dont have your investment savvy. Just my opinoin. Thanks!
charronfamilyconnect 2 months ago
@chuska8383 US dollar in a bear market? The US dollar has been going up since May 2011 ..
I guess it's all about what 'time frame' you're referring too ..
jamaulbrown 2 months ago
@jamaulbrown And what is the dollar's strength tied to? last I checked the USD strength is measured purely against other FIAT currencies.
DreadeddLion 2 months ago
@DreadeddLion measured against Silver, it's doing a lot better .. measured against Gold - it's flat to slightly negative ..
US Dollar has be an huge out performer vs most other assets in 2011
jamaulbrown 2 months ago
@jamaulbrown You don't seem to understand that the dollar strength is only measured against other fiat currencies. My cost of living hasn't gone down since the dollars minute appreciation, the US dollar index could be 100, yet a barrel of oil could be $150. They don't take commodities in to account when determining the USD index, it's all an illusion.
DreadeddLion 2 months ago
@chuska8383 What medal are you holding, war medals??
kcrone1 2 months ago
Oh boy, where to start. First, diversification is an absolute scam perpetrated upon the minion class to steal their wealth. How can one diversify in a manipulated, propped-up paper market? The true art of investing is not throwing a bunch of money at the wall and seeing what sticks, it's learning about WHY to invest in a certain asset and then doing so with conviction. You are quickly losing yourself back into the illusion of investing and markets.. John, they don't exist.. they're all FAKE!
Eraser7622 2 months ago 7
@Eraser7622 Yeap OK. Diversification is a scam. Your arguments are bullet proof.
stellaconcepts 2 months ago 2
@Eraser7622 Oh - and throwing money at a wall isn't what I call diversification. Every investment you make you naturally need to do the due diligence.
stellaconcepts 2 months ago
@Eraser7622 Markets are not fake (that statement alone is very ignorant) .. your knowledge on how to profit from them is lacking..
jamaulbrown 2 months ago
@jamaulbrown
You're sincerely a fool if you believe the markets are free, genuine, or otherwise free from total manipulation. Hell, even if you only know about HFT computers and platforms, you'd know this is true. Do you deny other obvious things in your life too?
Eraser7622 2 months ago
@Eraser7622 Prices go up if there are more buyers then sellers .. It's really that simple .. and regarding HFT's - I don't see how that's considered a manipulation of anything.. If you put a market order in, and get filled at a higher price then what was offered when you hit "buy", that's your fault.. Instead - use limit orders.. It's all part of the game..
jamaulbrown 2 months ago
@Eraser7622 I wish I could give you more than one thumb up.Very well said. I thought John also believed as you say. He gave out copies of Mike Maloney's book who believes as you say here so well. Thanks
nld1960 2 months ago
I'm diversified. I have all US dollar denominations.
waldentree 2 months ago
@waldentree You watch every silver video on youtube - i see your comments everywhere - surely you have some shiny stacked under the pillow?
stellaconcepts 2 months ago
@stellaconcepts Yes. US junk silver is my favourite. Those coins seem more real and authentic than shiny new bullion. I like silver coins that were used as actual money.
waldentree 2 months ago
@waldentree - Federal Reserve Notes -
waldentree 2 months ago
sounding a little obi-wan kenobi there john ;-)
ilovejimrogers 2 months ago
D is the key baby! Hell I still hung onto 300+ oz. of silver in the dive. I know to some that seems crazy but I still was able to move profits from my early purchases around $11 US an oz. into some cash and started trading with the remaing 15k US. I am a very small investor but what the heck. I would be stupid to keep it in the bank at less than 1% or worse yet, leave it all in one place. There are some great practice accounts out there that don't cost a thing. Go practice for free. Thanks John!
thegbpackers284 2 months ago