I wonder what is the point of buying up gold or silver, if during an Economic collapse, the Government will confiscate it anyway (they have done it before, remember?).
I'm investing in SEEDS, and in KNOWLEDGE of living off the land. This, plus a sense of real community with our physical neighbors, is what will really save us in a total monetary collapse.
No they mostly took it from bank safes not at peoples homes. This would be impossible job to do anyway especially these days. Also at that time there was a gold standard, you can't compare it with the current situation. Confiscation this time would be an admission that their paper money failed and will skyrocket gold prices and take away any confidence left in the dollar. They will not do it trust me.
Most Canadian junior ming shares are still very close to the bottoms they reached in 2008. I just keep on buying more. I'm 78% mining shares, 14% physical, 6% cash. The remaining 2% is in other speculative shares.
A great example is Breakwater Resources, a highly liquid stock, hit a pre crash equivalent (10-1 consolidation took place) of $36.90 and is current near $6, still has significant upside considering none of the company's fundamentals have changed. I own lots and I'm long.
Listen to Lindsey Williams and/or read his book The Non Energy Crisis. Largest oil field in the US and probably the world is sitting in Alaska and "classified" by our own gov't as inaccessible.
All of us 'silver bugs' should have a few goals.... buy as much silver as we can afford over that of keeping 3-6 months(12 months!!!) of food storage on hand at minimum. Next should be to convince our friends and family to start migrating/investing their savings over into commodities.
SGTbull07 - what impact do you see this silver run having on numismatics? Colleagues of mine are buying AU to BU grade 20 count Morgan Dollar rolls. I was curious if you think this silver run will augment values for undervalued low mintage silver business strike coins such as the 1885 CC Morgan Silver Dollar which relatively has a lower mintage than the renowned 1889 CC Morgan Silver Dollar but is worth considerably LESS than that dollar.
I don't believe we will ever hit 500 dollar silver because at that time there isn't a dollar. 500 dollar purchasing power of today's dollar yes and it will be here by 1915 at the latest. But don't think for a minute you would be converting your silver to dollars to buy stuff.
@AEKARA27 That worries me. In other words, none of buying silver will become "rich", because silver and necessities (food, housing) will inflate at the same rate as silver relative to the dollar. That's what you're saying will be the most likely scenario, right?
@mphello it shouldn't because think about the rest of the 93% of Americans in this country (not to say the rest of the world) as they will have to deal with a new currency, exchanging the old one that is worth pennies on the dollar at best. In other words to you care if you can buy a house for 300 ounces of silver? A Ferrari that a doctor can't afford anymore for 30 ounces? In Germany in the early 20s you could buy blocks of realstate for a few ounces of gold.
@AEKARA27 I am almost ready to give up insurance on my car (I'll keep the car, it's 21 years old but still good, a Camry) and ready to purchase an electric hybrid tricycle (Currie Technology in California) while they still cost only $1000, before dwindling oil makes them extremely valuable items, since we still don't have a car-charging infrastructure in place, which we WOULD have had stupid Americans elected Ralph Nader President in 1996 and again in 2000 like they should have.
@98765432123456789000 sure, it's a hedge against inflation because it's a real asset - HOWEVER, it is not a monetary metal and it does not suffer from the same 100 to 1 paper to physical manipulation that gold and silver do, thus a very limited upside in comparison to Ag and Au, imo.
@SGTbull07 i remember john wayne in movie was facing a bandit who had stole his cattle. The bandit thought wayne was going to buy them back. The bandit saidm did you bring me gold? Wayne said nope. Did you bring me silver? nope. Well what did you bring me? Just lead.
These mining companies know that there's a shortage on silver and they are going to keep a lot of silver for themselves rather than selling it to mint companies.
What happens to the British pound and British share market when the dollar collapses? Also could you please advise some recommended mining shares I could take a look into.
BTW, I wouldn't be surprised, given criticism of QE, if the fed gets creative and does it secretly or "back door," which may be what the article you noted alludes to. What's to keep the fed from giving the money to the treasury directly, without even buying bonds? I don't believe a word Bernanke, Inc. say. I believe what I see the fed actually do. Also something that doesn't get mentioned is that the money given to the treasury can be/is spent into existence, directly into circulation.
The price of SUVs and other big ticket items may drop dramatically, but consumer goods are beginning to go up at a fast rate. Japan will begin to seek international financing, as its population is older, cashing out of Japanese bonds,, not to meniton the need to rebuild. Japan was the biggest recent buyer of treasuries, as China looks to decrease its holdings, leaving the fed as the only buyer of treasuires, which is directly inflationary. Any less borrowing and we crash, so more QE is certain.
SGT, good article. The deflationist crowd says banks aren't lending, so the reserves aren't in circulation, hence no inflation on the horizon. However, bank reserves ARE being put to use in commodities and stocks, right? They aren't sitting idle as deflationists want us to believe. Banks LOSE money if they sit earning zero while banks have to pay a small interest rate on those funds. John Mauldin, in Endgame, says we will experience deflation and inflation, but ultimately inflation.
@500ounces your comment on neighbors turning on neighbors was spot on,..best to keep your mouth SHUT!...please preppers,...stop telling people what you have,...doing so could prove fatal for you & your family!
What kind of paper money do You think s 20 ,cents on the dollar to exchange it for the new money. Also what about the loans in the old money,how would you pay that back. Thanks Greg
Great Channel SGT! Listening now for a couple of month and I have bought a lot of silver right now. I am just a poor student, but my brother and I had some experience in trading stocks and some derivatives which follow the silver spot price. The euro's we earn with this trading we put into physical silver and recently gold as well. My question is this: how do we see the enormous spike in PM as the comex defaults? Will we be able to see this on the spot price on kitco?
i dont think any type of stocks would be a good idea. When SHTF with all fiat what will be the use in owning stocks? This is going to be the biggest financial catastrophe in world history! Are you going to then convert your stock to fiat? Physical is the only way to go. Also if Lindsey Williams says the dollar will be dead by end of 2012 then the panic out of fiat and into Gold and silver will happen before the dollar dies. Sit back and enjoy peoples!
i had the silver rage for a couples of years and i stopped to buy physical,because how much is enough.but for now on my new investment is( food).and let me tell you that if the shtf come's well food will worth is weight in gold and silver.you may have a 1000 ounces or more of silver and gold and you have only 2 days of food at your house yes you can barter but at what price.so be practical don't put your eggs in the same basket.
Got out of the 401 K a few years back,(Oct,2008) converted it to silver. Already have more than tripled the net value in dollars even after taxes and penalties.
Any dips predicted in the price of silver between now and the end of April?
I had really hoped I was done buying silver (1300 oz total) about 1/4 of my of my life savings (at the time I bought it), but I see some real courageous people on here who have made the mental leap not to be emotionally attached to that amount in their fiat bank accounts, like I've been for years (e.g. hoping: don't let it go under $100K!).
@mphello you already have more physical than 99.5% of Americans, the rest is a very personal decsion to be sure. We can debate about holding mining stocks or not, but as for savings in "banks accounts" go, no way my friend - no thanks. I continue to buy physical in regular intervals regardles of price.
@SGTbull07 Thank you for the encouragement, AND the specific practical info.
That's what I really should have asked: what are you feelings about standard bank CDs and IRAs.
Can't do anything with the IRAs, unfortunately, until they come due, and then, I can take out only $10000 a year at most to keep my income below $24,000 for certain benefit purposes. I REALLY hate fucking IRAs. Wish I could cash them all out now (technically, I could) and forget about the those probably trivial benefits.
@mphello Reduced drug cost program - may be on the order of $1000 a year, and $500 per year subsidy for gas and electric utilities.
I've got another month to go before I know all my automatic deductions are transferred from my BoA account to my local community bank. Then I can be done with BoA once and for all. I keep my account with BoA, because I felt I was getting more out of them than they were out of me (free checking, ATM, no fees), but BoA is just too evil to justify doing business.
@SGTbull07 Thanks, but, I don't want to have more than 99.5% of Americans. I want enough in absolute terms- for comfortable retirement - not expecting to be stinking rich - so I don't have to agonize for 16 years about spending money/silver for one CD of music because it's a frivolous non-necessity.
Since 1995, I think I may have bought 2 cassettes and 2 CDs of music. And I consider that frivolous.
Of course, I realize, with money (real money, like PMs), having more than the average..
@mphello .. IS having more purchasing power in absolute terms.
That brings up a concern: unless I own at least as much silver and gold (or whatever money in the future hyperinflated world is used) as the top 0.1%, then what good is having any?
Because I will STILL suffer from hyperinflation along with that bottom 99.9% if the gap between the top 0.1% and bottom 99.9% is large enough.
Ok - I know I exaggerate. But, do you get what I am saying?
@mphello .. stop buying PMs, because, obviously, there ARE reasons to explain why my "model" is hardly accurate. And, obviously, one SHOULD listen - and more importantly follow - to the wisdom and experience of ZeroHedge, Max Keiser, Stacy Herbert, Mike Maloney (I think that's his name).
@mostlymichaelcanada Thank you. But, from what I've read on these YouTube channels, others who must have a LOT more. One person on the internet claims to have put all but 2-month's backup of fiat money into silver.
@mphello your only a quarter way into PM's which means your only a 1/4 sure that what your doing is the right thing to do. Keep researching........
google these websites:
zerohedge
harvey organ blogspot
MIT inflation
shadowstats
watch "the money masters" on youtube
Research what happened in Weimar Germany. They were literally burning their fiat in the furnace because it was so worthless. Research modern day Zimbabwe.
Be sure and confident you are doing the right thing. Peace.
@ChainMailArmour Fantastic response! Great way of looking at things.
Yes - I DO keep in mind Weimar and Zimbabwe. Yes - there is no logical reason the USA cannot end up like them. One question is: WILL it?
Ok - after a lot of self introspection, I know ONE thing holding me back for going all in:
the image in my mind that the graph of silver remains flat or even goes down for 5 to 10 straight years, during which time I will need my fiat money to buy things. Then, at the ten year mark,..
@mphello ... the silver shoots up to $500 - the day after I converted my silver back into fiat in order to buy things with it.
Why do I have THIS particular image of the graph of the future price of silver with time?
Because it is, in essence, the "worst-case" scenario. The one that causes MOST angst to people getting into PMs by forcing them to have the "most faith", for lack of a better metaphor. The image of the hassle of having to convert back to fiat to purchase.
@mphello Hi you have a good chunk of silver. I would just continue to accumulate say 60-120oz per year at current prices. Just reduce how much you buy as prices go up. I believe it is worth keeping some cash in the bank 15-25k this is money to pay bills buy food pay debt. Might also be worth keeping 3-5k at home in case of bank holiday.
They are a small, tight community. Some will get smashed when the SHTF, but their brothers and sisters will be there for them. That's how the world's supposed to work.
TPTB are shorting the crap out of the miners. Some will get out at the right time and others will get trapped (I hope).
The upside in miners has a tremendous upside both now and on the other side.
@SGTbull07 if somebody says he's going to liquidate a quarter of his silver for a cash generating venture at today's price hat would your personal advise be?
Metals traders know the gravy train will end....temporarily
In the meantime they take profits and convert to physical.
They are a small, tight community. Some will get smashed when the SHTF, but their brothers and sisters will be there for them. That's how the world's supposed to work.
TPTB are shorting the crap out of the miners. Some will get out at the right time and others will get trapped (I hope).
The upside in miners has a tremendous upside both now and on the other side.
Your interview style is very efficient. I get more out your 10 minutes with Bob than an hour listening to Alex Jones interview Bob. Very solid Sean and thanks for all your great work.....Again!!!
@kt9l You're right, and I mentioned that in this interview with Bob, but his take seems to be that the Dollar is weaker and would go first. It's my belief at this point that this IS all being done by design by the global elite, and that being the case, Lindsey Williams prediction will likely be proven true, because as he has said "that is the plan of the Elite." We shall see, but I've learned not to short sell Lindsey, he's often times proven correct.
Hey SGT, Is the ETF 100:1 ratio or the 45:1 ration actually legal? I've never heard that it wasn't. May be immoral, but is there a law?
RE: IRAs. Check with your accountant. I have an S corp. I cashed out my IRAs and due to losses in the S corp, my penalties were nothing. AND, even with penalties, it is far better to have the IRA money, pay the penalty and buy silver than to have the full value IRA sometime in the future in a worthless currency.
Is that how you see things going? I've read many an article that says the path of least resistance is QE because it truly is the most invisible way to keep things going for as long as possible, which means we get the inflation route that will overwhelm the deflationary forces. Japan's own people own their bonds, so they've had deflation because they didn't monetize their debt like we are doing. What are your thoughts on QE versus forced investment into treasuries until it's not enough.
Excellent interviews. You ask all the right questions.
I have a question...
Seems to me that after QE2, the government needs to either require retirement savings to go into treasuries, or enact QE to infinity because more and more liquidity is needed for the economy to just tread water, and Bernanke, Inc. doesn't want the party to end. International buyers aren't there so the fed will need to buy. Forced investment seems deflationary, at least at first, whereas QE is inflationary.
@dmger14@dmger14 It's starting to look like QE2 will not only continue, but that the transition to QE3 (what's the difference, money orinitn is money printing no matter what they call it) has already begun. Google: As Adjusted Monetary Base Rises By Half A Trillion In 2011, Treasury Runs Out Of Debt Ceiling Delay Measures
Great Interview Sgt.........Bob Chapman's opinion is the only one I need. Who cares about the mainstream media's "Silver Bubble" and those attesting that the gubberment will fight past our strongholds to steal our silver......not going to happen. As Sprout says, $190/oz Silver is "baked into the cake".....all we have to do is to hold on and "let Silver take care of us". Thanks for posting this fine interview. Kaaaa-kaaaaa!
Hey SGT, I feel real good about something I did. I e-mailed a guy I know in my hometown 4 of your silver videos, and a few other videos from other guys...and he was so convinced he ordered a Monster box from Apmex! He should get it next week. Also, he has about 10 Pontiac GTO's that he is selling, and he is then buying more silver...and ALOT of it! SLA freedom fighters march on!
I'm listening to this with my daughter - right after Bob said he buys silver every two weeks no matter what the cost she said, "because when you buy silver, you get your money back."
I don't know why anyone who truly understands the precipice we are standing at would buy mining stocks. They are PAPER, just like ETFs. There is what is known as counter-party risk, which means that someone can say to you, "I can't pay you what I owe you". Or the gov't can easily confiscate it. If you have big wealth and you want to gamble a little of it on possibly big returns from the miners, have fun, but if you are of humble means, BUY PHYSICAL and HIDE IT WELL. And NOT in a safe deposit box
@MrDorkusMaximus I was a bit surprised by Bob's take on it, but as you heard he thinks the worst days for mining stocks are behind them. I'm not certain that is the case, but shoud add that a few of my favorites like GPL, NGD, EXK and CDE are up big over the last year allowing me to spin out paper profits and turn them into loads of physical metal.
@MrDorkusMaximus buying a silver or gold mining stock you really believe goes with a company that will outlast the problem - because they are producing - may be tricky. Unlike other stocks where valuations can go out the window, if you seriously own shares that are actually on paper & the company does not fold, that's the new source of physical money & you own a stake in it. Very risky proposition but with a potential reward. Not for the timid, NOT for savings.
When I make comments, typically the gist of it is anticipating what other video viewers will be wondering, (as I often do). Many of them are overwhelmed by what to do. In the case of my comment above, I am offering up basic strategy. My germane point is that miner stocks, though I'm sure the profits will be substantial, are only real profits when someone converts them to "physical" which can only be stolen by house-to-house searches by the gov't.
@WarlordMaster427 yep, I saw that vid last night and it was a good explanation, I agree it's a good view on the subject (I did this interview with Bob yesterday morning.). Having said that, margin tighteneing out of the blue, when the insiders know it's coming hours before hand, and always announced when silver is UP big, is also a useful tool for the banksters.
SGT, quite possibly the best Bob Chapman interview ever! Thanks so much...you answered my very question regarding mining stocks...have recently had the suspicion that they will be immune to a market crash and he just confirmed it...only question remains, how they will be valued under a new currency, lol.
I find bob's comments about mining shares and hedge funds rather dubious. Historically individual commodities fall to the 50th to 90th centile oft he cost curve in a bear Market. As that occurs mining shares get smacked, earnings fall etc. I would also love to see the Adrian Douglas research.
@chaise009 Hahaha, classic...my accountant looked real surprised too when I told her silver was up over 80% last year....man I love accountants, so clinically dead on sensible investing sometimes.
@Ilovehistorychannel Brilliant. Well done. Can't understand why others are not doing the same. I sold my house to buy silver @ 15.00. Best move I ever made.
@Ilovehistorychannel i did the same thing last year at 16-17$ I feel much safer knowing i have some wealth protection. my friends all think i was nuts, but now i sense a little jealousy! i keep telling em its not to late, stack em high!
@hablerz If you do not have it in your possession , it is not safe . Not even a bank safety deposit box is safe . Homeland security , the banks and the government have already stated , that they will keep guns , precious metals from safety deposit boxes . TRUST NO ONE
@tracycolorado dig a hole in your basement and bury it and cement over the top. Just one thing dont tell anyone not your kids or wife no one. It could be dangerous to your health. Like you said trust no one.
@hablerz cryptogon------com/?p=16121 rothschilds invested in them..im about to buy from monarch precious metals they have a good reputation. there are other sellers out there that are highly reputable and well priced...
@707HEALDSBURG thanks for the heads up, im only on the homepage of NWTM and their website security is several levels higher than monarch which is more reassuring
@otacon451 Thats good to hear. I didnt know they had the security on lock too. The customer service is astounding. I placed my first order with them for 9,999 dollars. They said I had to secure the order with a credit card. i said "Idont have one" they said ok no problem. AWESOME PEOPLE OVER THERE. PLUS, I changed my order around once I had already placed it, they did me a "one time courtesy" and let me change it all around. I really cant say enough about their customer service.
hi,great video,i was wondering what your opinion is with the collection sets for instance franklin mint. they are good quality silver is this a good buy ?thanks
@greenknightist I don't see anyone answering, so I'll jump in here. If you are buying strictly for an investment DON'T buy anything like that. If you sell it, you will get just the price of the silver back. Buy bullion grade silver from a reputable dealer. There are fakes out there. Any coins above bullion/junk grade will have a more mark up. You can buy silver rounds or bars and avoid those added costs. Mr. Chapman also talks about 90% silver junk coins. Those are good too.
@greenknightist I personally would not touch them. Stick with government issued bullion coins like Canadian silver maples, Australian Kookaburra's, Austrian Philharmonics, and maybe some American silver eagles too. Good luck.
How can the U.S. government default? When all they have to do to pay thier bills is print more money? They dont even need to produce anything. And to make things even better for the U.S. thier currency is backed by God! Just look on thier bills. " In God We Trust " ! How can God default?
@workwillfreeyou They can print all the money they want to print. We will be the ones to suffer. Why would they default? Because nobody in the WORLD will take the money. It has no intrinsic value. It is not tangible like gold, silver, wheat, oil, corn, and the list goes on and on. God does not back this money. "In God We Trust" was placed on the Federal Reserve Note in the 50's as propaganda against the Soviets. Our money as we use now has no place for God. Only tangibles are noted in the Bible.
my friend has silver but only of paper and i am trying to explain to him that it is a fraud and he still does not get it... what else could i tell him to make him understand
I'm new to your website, who is this Bob Chapman guy? What are his credentials?
CAngel57ful 1 week ago
What do you think of ETF's, such as DIG or AGQ?
jimbolimbo369 3 weeks ago
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PLEASE watch
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UnitedCorpOfAmerica 4 months ago
Exact opposite of what he was predicting at 4:30 in this video has happened in the last month.
duke1duke1 5 months ago
I wonder what is the point of buying up gold or silver, if during an Economic collapse, the Government will confiscate it anyway (they have done it before, remember?).
I'm investing in SEEDS, and in KNOWLEDGE of living off the land. This, plus a sense of real community with our physical neighbors, is what will really save us in a total monetary collapse.
hearts0ngs 6 months ago
@hearts0ngs "they have done it before, remember?"
No they mostly took it from bank safes not at peoples homes. This would be impossible job to do anyway especially these days. Also at that time there was a gold standard, you can't compare it with the current situation. Confiscation this time would be an admission that their paper money failed and will skyrocket gold prices and take away any confidence left in the dollar. They will not do it trust me.
Buy gold & silver and prepare for the worst
TWSceptic 3 weeks ago
@hearts0ngs What's to keep the Gov. from taking your land also?
barbados199 3 weeks ago
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goldy1011 8 months ago
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Check out my GOT SILVER? shirts on ebay!!!
GotSilver100 9 months ago
Most Canadian junior ming shares are still very close to the bottoms they reached in 2008. I just keep on buying more. I'm 78% mining shares, 14% physical, 6% cash. The remaining 2% is in other speculative shares.
A great example is Breakwater Resources, a highly liquid stock, hit a pre crash equivalent (10-1 consolidation took place) of $36.90 and is current near $6, still has significant upside considering none of the company's fundamentals have changed. I own lots and I'm long.
Ayess2008 9 months ago
Ran accross your video - friend and subscribe for wealth building videos - day trader, day trading, day trade
DayTradersWin 9 months ago
Listen to Lindsey Williams and/or read his book The Non Energy Crisis. Largest oil field in the US and probably the world is sitting in Alaska and "classified" by our own gov't as inaccessible.
ee121173 10 months ago
What now?
ljrow49 10 months ago
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GotSilver100 10 months ago
All of us 'silver bugs' should have a few goals.... buy as much silver as we can afford over that of keeping 3-6 months(12 months!!!) of food storage on hand at minimum. Next should be to convince our friends and family to start migrating/investing their savings over into commodities.
southernreign1 10 months ago
SGTbull07 - what impact do you see this silver run having on numismatics? Colleagues of mine are buying AU to BU grade 20 count Morgan Dollar rolls. I was curious if you think this silver run will augment values for undervalued low mintage silver business strike coins such as the 1885 CC Morgan Silver Dollar which relatively has a lower mintage than the renowned 1889 CC Morgan Silver Dollar but is worth considerably LESS than that dollar.
DetroitLove4U 11 months ago
Don't buy shares. Buy the coins, bars. NOT SHARES. The stock market will crash again by 2012
1thatisilluminated 11 months ago
I don't believe we will ever hit 500 dollar silver because at that time there isn't a dollar. 500 dollar purchasing power of today's dollar yes and it will be here by 1915 at the latest. But don't think for a minute you would be converting your silver to dollars to buy stuff.
AEKARA27 11 months ago
@AEKARA27 That worries me. In other words, none of buying silver will become "rich", because silver and necessities (food, housing) will inflate at the same rate as silver relative to the dollar. That's what you're saying will be the most likely scenario, right?
mphello 11 months ago
@mphello it shouldn't because think about the rest of the 93% of Americans in this country (not to say the rest of the world) as they will have to deal with a new currency, exchanging the old one that is worth pennies on the dollar at best. In other words to you care if you can buy a house for 300 ounces of silver? A Ferrari that a doctor can't afford anymore for 30 ounces? In Germany in the early 20s you could buy blocks of realstate for a few ounces of gold.
AEKARA27 11 months ago
@AEKARA27 I am almost ready to give up insurance on my car (I'll keep the car, it's 21 years old but still good, a Camry) and ready to purchase an electric hybrid tricycle (Currie Technology in California) while they still cost only $1000, before dwindling oil makes them extremely valuable items, since we still don't have a car-charging infrastructure in place, which we WOULD have had stupid Americans elected Ralph Nader President in 1996 and again in 2000 like they should have.
mphello 11 months ago
Wow this was probably the best bob chapman interview I've ever listened to
ajmprovidence 11 months ago
100 percent wrong? bob told ppl to short the stock market when the dow was around 10000
Tomta20012 11 months ago
Its up quite a bit in the last three months
huskerbird1 11 months ago
Any thoughts on a small miner in montana? RVMID?
huskerbird1 11 months ago
what about platium? would it be decent to invest in that?
98765432123456789000 11 months ago
@98765432123456789000 sure, it's a hedge against inflation because it's a real asset - HOWEVER, it is not a monetary metal and it does not suffer from the same 100 to 1 paper to physical manipulation that gold and silver do, thus a very limited upside in comparison to Ag and Au, imo.
SGTbull07 11 months ago
@SGTbull07 i remember john wayne in movie was facing a bandit who had stole his cattle. The bandit thought wayne was going to buy them back. The bandit saidm did you bring me gold? Wayne said nope. Did you bring me silver? nope. Well what did you bring me? Just lead.
1IIIIIIIIII1 10 months ago
@1IIIIIIIIII1 GREAT MOVIE LINE!!! What movie was it from?
manofreedom 10 months ago
@1IIIIIIIIII1 CHISUM. its not exactly like i wrote it. but the idea is the same.
1IIIIIIIIII1 10 months ago
Great interview S! Gold/silver/mining shares may not be a bad idea once you set your physical position.
TruthOverFacts 11 months ago
Another great interview bro! Keep stackin!
WickedHazeSilver 11 months ago
Mining Shares: SLW, SSRI, SVM, SA, GBG, PZG, These are best, recommended by porter stansberry, doug casey, & others
NewYorker991 11 months ago
These mining companies know that there's a shortage on silver and they are going to keep a lot of silver for themselves rather than selling it to mint companies.
hstone39 11 months ago
What happens to personal loans, credit card debt, etc. when the dollar collapses? Very curious but I can't seem to find an answer.
mostlymichaelcanada 11 months ago
Sean,
Great interviews lately, keep up the good (free) work!!
BTW...Would love to know where Bob Chapman can get junk silver for spot??
2200 oz silver
1000 rounds .223
2000 rounds 7.62x39
500 rounds 12g 000
900# packaged food
200# Wheat
Peace--MALT
maltman4101 11 months ago 2
No, thanks to you - both...!
;0)
felixdov 11 months ago
What happens to the British pound and British share market when the dollar collapses? Also could you please advise some recommended mining shares I could take a look into.
Thanks
RascalUKonTour 11 months ago
@RascalUKonTour SVM, SIL, GDXJ, GDX. SSRI, my favorites.
zmelli 11 months ago
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TruthOverFacts 11 months ago
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@zmelli Im into PXZRF and HLLXF.
TruthOverFacts 11 months ago
Awesome as always! Keep up the good work!
MikeCREI 11 months ago
BTW, I wouldn't be surprised, given criticism of QE, if the fed gets creative and does it secretly or "back door," which may be what the article you noted alludes to. What's to keep the fed from giving the money to the treasury directly, without even buying bonds? I don't believe a word Bernanke, Inc. say. I believe what I see the fed actually do. Also something that doesn't get mentioned is that the money given to the treasury can be/is spent into existence, directly into circulation.
dmger14 11 months ago
The price of SUVs and other big ticket items may drop dramatically, but consumer goods are beginning to go up at a fast rate. Japan will begin to seek international financing, as its population is older, cashing out of Japanese bonds,, not to meniton the need to rebuild. Japan was the biggest recent buyer of treasuries, as China looks to decrease its holdings, leaving the fed as the only buyer of treasuires, which is directly inflationary. Any less borrowing and we crash, so more QE is certain.
dmger14 11 months ago
SGT, good article. The deflationist crowd says banks aren't lending, so the reserves aren't in circulation, hence no inflation on the horizon. However, bank reserves ARE being put to use in commodities and stocks, right? They aren't sitting idle as deflationists want us to believe. Banks LOSE money if they sit earning zero while banks have to pay a small interest rate on those funds. John Mauldin, in Endgame, says we will experience deflation and inflation, but ultimately inflation.
dmger14 11 months ago
My favorite part (0:40): " A loss of 50 billion dollars? That is a lot of money." Tremendous interview.
gspotjazz 11 months ago
My favorite part (0:30): " A loss of 50 billion dollars? That is a lot of money." Tremendous interview.
gspotjazz 11 months ago
I have gotten to know a VP with a leading bullion dealer and he indicates that their biggest buyer class is Federal Reserve and Treasury employees!
CrooksWithoutBorders 11 months ago
@500ounces your comment on neighbors turning on neighbors was spot on,..best to keep your mouth SHUT!...please preppers,...stop telling people what you have,...doing so could prove fatal for you & your family!
wilatemodel 11 months ago 2
the lemmings who bought and buying these days are gonna get BURNED HARD.
leepakim 11 months ago
@leepakim not the people that invest in ammo!...
wilatemodel 11 months ago
@wilatemodel what is ammo? btw both are "silver cheerleaders" LOL
leepakim 11 months ago
@leepakim "what is ammo"...really?
wilatemodel 11 months ago
What kind of paper money do You think s 20 ,cents on the dollar to exchange it for the new money. Also what about the loans in the old money,how would you pay that back. Thanks Greg
MrErspamer 11 months ago
The Best Interview of 2011. "BOTTOMLINE"
Great Work SGTBULL07
TheAppreciative1 11 months ago
Great Channel SGT! Listening now for a couple of month and I have bought a lot of silver right now. I am just a poor student, but my brother and I had some experience in trading stocks and some derivatives which follow the silver spot price. The euro's we earn with this trading we put into physical silver and recently gold as well. My question is this: how do we see the enormous spike in PM as the comex defaults? Will we be able to see this on the spot price on kitco?
dikk3tinus 11 months ago
i dont think any type of stocks would be a good idea. When SHTF with all fiat what will be the use in owning stocks? This is going to be the biggest financial catastrophe in world history! Are you going to then convert your stock to fiat? Physical is the only way to go. Also if Lindsey Williams says the dollar will be dead by end of 2012 then the panic out of fiat and into Gold and silver will happen before the dollar dies. Sit back and enjoy peoples!
rla007 11 months ago
i had the silver rage for a couples of years and i stopped to buy physical,because how much is enough.but for now on my new investment is( food).and let me tell you that if the shtf come's well food will worth is weight in gold and silver.you may have a 1000 ounces or more of silver and gold and you have only 2 days of food at your house yes you can barter but at what price.so be practical don't put your eggs in the same basket.
buggymak 11 months ago
Got out of the 401 K a few years back,(Oct,2008) converted it to silver. Already have more than tripled the net value in dollars even after taxes and penalties.
thewonderfrog 11 months ago
ABSOLUTELY INCORRECT! Don't upset the old geezer, you could stop his blood pumper.
fnyklr 11 months ago
People must stay out of all things paper! This includes stocks, bonds, treasuries, CDs, 401Ks, 403Bs, Annuities and IRAs!
jimbobubbadj 11 months ago
Any dips predicted in the price of silver between now and the end of April?
I had really hoped I was done buying silver (1300 oz total) about 1/4 of my of my life savings (at the time I bought it), but I see some real courageous people on here who have made the mental leap not to be emotionally attached to that amount in their fiat bank accounts, like I've been for years (e.g. hoping: don't let it go under $100K!).
So, I guess I ought to buy more?
mphello 11 months ago 7
@mphello you already have more physical than 99.5% of Americans, the rest is a very personal decsion to be sure. We can debate about holding mining stocks or not, but as for savings in "banks accounts" go, no way my friend - no thanks. I continue to buy physical in regular intervals regardles of price.
SGTbull07 11 months ago 4
@SGTbull07 Thank you for the encouragement, AND the specific practical info.
That's what I really should have asked: what are you feelings about standard bank CDs and IRAs.
Can't do anything with the IRAs, unfortunately, until they come due, and then, I can take out only $10000 a year at most to keep my income below $24,000 for certain benefit purposes. I REALLY hate fucking IRAs. Wish I could cash them all out now (technically, I could) and forget about the those probably trivial benefits.
mphello 11 months ago
@mphello Reduced drug cost program - may be on the order of $1000 a year, and $500 per year subsidy for gas and electric utilities.
I've got another month to go before I know all my automatic deductions are transferred from my BoA account to my local community bank. Then I can be done with BoA once and for all. I keep my account with BoA, because I felt I was getting more out of them than they were out of me (free checking, ATM, no fees), but BoA is just too evil to justify doing business.
mphello 11 months ago
@SGTbull07 Point is: if you're confident enough to do that (buy Ag at regular intervals), then I guess I will, too.
I've heard from some on the internet who keep everything in PMs, and only 2-month supply of fiat!
And, *I* was worried about risking more than 20% of my assets on PMs,
when I can get that nice "guaranteed" 1.49% interest rate from Ally bank! :)
I know now that THAT'S the risk.
mphello 11 months ago
@SGTbull07 Thanks, but, I don't want to have more than 99.5% of Americans. I want enough in absolute terms- for comfortable retirement - not expecting to be stinking rich - so I don't have to agonize for 16 years about spending money/silver for one CD of music because it's a frivolous non-necessity.
Since 1995, I think I may have bought 2 cassettes and 2 CDs of music. And I consider that frivolous.
Of course, I realize, with money (real money, like PMs), having more than the average..
mphello 11 months ago
@mphello .. IS having more purchasing power in absolute terms.
That brings up a concern: unless I own at least as much silver and gold (or whatever money in the future hyperinflated world is used) as the top 0.1%, then what good is having any?
Because I will STILL suffer from hyperinflation along with that bottom 99.9% if the gap between the top 0.1% and bottom 99.9% is large enough.
Ok - I know I exaggerate. But, do you get what I am saying?
Not saying what should in any way...
mphello 11 months ago
@mphello .. stop buying PMs, because, obviously, there ARE reasons to explain why my "model" is hardly accurate. And, obviously, one SHOULD listen - and more importantly follow - to the wisdom and experience of ZeroHedge, Max Keiser, Stacy Herbert, Mike Maloney (I think that's his name).
mphello 11 months ago
@mphello I've only got 200 oz. I hope its enough. 1300 oz., you've earned my admiration.
mostlymichaelcanada 11 months ago
@mostlymichaelcanada Thank you. But, from what I've read on these YouTube channels, others who must have a LOT more. One person on the internet claims to have put all but 2-month's backup of fiat money into silver.
mphello 11 months ago
@mphello your only a quarter way into PM's which means your only a 1/4 sure that what your doing is the right thing to do. Keep researching........
google these websites:
zerohedge
harvey organ blogspot
MIT inflation
shadowstats
watch "the money masters" on youtube
Research what happened in Weimar Germany. They were literally burning their fiat in the furnace because it was so worthless. Research modern day Zimbabwe.
Be sure and confident you are doing the right thing. Peace.
ChainMailArmour 11 months ago
@ChainMailArmour Fantastic response! Great way of looking at things.
Yes - I DO keep in mind Weimar and Zimbabwe. Yes - there is no logical reason the USA cannot end up like them. One question is: WILL it?
Ok - after a lot of self introspection, I know ONE thing holding me back for going all in:
the image in my mind that the graph of silver remains flat or even goes down for 5 to 10 straight years, during which time I will need my fiat money to buy things. Then, at the ten year mark,..
mphello 11 months ago
@mphello ... the silver shoots up to $500 - the day after I converted my silver back into fiat in order to buy things with it.
Why do I have THIS particular image of the graph of the future price of silver with time?
Because it is, in essence, the "worst-case" scenario. The one that causes MOST angst to people getting into PMs by forcing them to have the "most faith", for lack of a better metaphor. The image of the hassle of having to convert back to fiat to purchase.
mphello 11 months ago
@ChainMailArmour I've been to zerohedge many times, thanks to Max Keiser.
But, I'd not heard of shadowstats before. VERY informative! Thank you!
mphello 11 months ago
@mphello Hi you have a good chunk of silver. I would just continue to accumulate say 60-120oz per year at current prices. Just reduce how much you buy as prices go up. I believe it is worth keeping some cash in the bank 15-25k this is money to pay bills buy food pay debt. Might also be worth keeping 3-5k at home in case of bank holiday.
kckmkq 11 months ago
They are a small, tight community. Some will get smashed when the SHTF, but their brothers and sisters will be there for them. That's how the world's supposed to work.
TPTB are shorting the crap out of the miners. Some will get out at the right time and others will get trapped (I hope).
The upside in miners has a tremendous upside both now and on the other side.
beachboy8995 28 minutes ago
Explain further please?????
brianpaxtonPT 11 months ago
Yet another surprise and treat. It's very nice to have serious talent and golden hearts all on one mic. Thanks again.
InTheSticks0001 11 months ago
Hi Sean,
I can't thank you enough for your vids! Your sage advice will literally save lives in the coming months/ years!
MattN47 11 months ago
@MattN47 wow appreciated. Thanks for tuning in Matt.
SGTbull07 11 months ago
@SGTbull07 if somebody says he's going to liquidate a quarter of his silver for a cash generating venture at today's price hat would your personal advise be?
nayanmalig 11 months ago
Metals traders know the gravy train will end....temporarily
In the meantime they take profits and convert to physical.
They are a small, tight community. Some will get smashed when the SHTF, but their brothers and sisters will be there for them. That's how the world's supposed to work.
TPTB are shorting the crap out of the miners. Some will get out at the right time and others will get trapped (I hope).
The upside in miners has a tremendous upside both now and on the other side.
beachboy8995 11 months ago
Your interview style is very efficient. I get more out your 10 minutes with Bob than an hour listening to Alex Jones interview Bob. Very solid Sean and thanks for all your great work.....Again!!!
Motoicon 11 months ago 3
Lindsey Williams said that the Euro would fall FIRST and the US dollar would fall two to three weeks later; any thoughts SGTbull07?
kt9l 11 months ago
@kt9l You're right, and I mentioned that in this interview with Bob, but his take seems to be that the Dollar is weaker and would go first. It's my belief at this point that this IS all being done by design by the global elite, and that being the case, Lindsey Williams prediction will likely be proven true, because as he has said "that is the plan of the Elite." We shall see, but I've learned not to short sell Lindsey, he's often times proven correct.
SGTbull07 11 months ago
AWESOME AS USUAL! You are indeed PEERLESS!
Hey SGT, Is the ETF 100:1 ratio or the 45:1 ration actually legal? I've never heard that it wasn't. May be immoral, but is there a law?
RE: IRAs. Check with your accountant. I have an S corp. I cashed out my IRAs and due to losses in the S corp, my penalties were nothing. AND, even with penalties, it is far better to have the IRA money, pay the penalty and buy silver than to have the full value IRA sometime in the future in a worthless currency.
lumberjak5010 11 months ago
Fantastic interview.. Thank you.
oztiks1 11 months ago
@oztiks1 thanks oz!
SGTbull07 11 months ago
Fantastic interview...thank you.
oztiks1 11 months ago
Is that how you see things going? I've read many an article that says the path of least resistance is QE because it truly is the most invisible way to keep things going for as long as possible, which means we get the inflation route that will overwhelm the deflationary forces. Japan's own people own their bonds, so they've had deflation because they didn't monetize their debt like we are doing. What are your thoughts on QE versus forced investment into treasuries until it's not enough.
dmger14 11 months ago
Excellent interviews. You ask all the right questions.
I have a question...
Seems to me that after QE2, the government needs to either require retirement savings to go into treasuries, or enact QE to infinity because more and more liquidity is needed for the economy to just tread water, and Bernanke, Inc. doesn't want the party to end. International buyers aren't there so the fed will need to buy. Forced investment seems deflationary, at least at first, whereas QE is inflationary.
dmger14 11 months ago
@dmger14 @dmger14 It's starting to look like QE2 will not only continue, but that the transition to QE3 (what's the difference, money orinitn is money printing no matter what they call it) has already begun. Google: As Adjusted Monetary Base Rises By Half A Trillion In 2011, Treasury Runs Out Of Debt Ceiling Delay Measures
SGTbull07 11 months ago
Bob is ripping! Hell yeah!!!
apox2011now 11 months ago
They won't default as long as people are still buying dollars...they'll just settle in cash as long as someone still thinks the dollar isn't crap....
coldkidc 11 months ago
Great Interview Sgt.........Bob Chapman's opinion is the only one I need. Who cares about the mainstream media's "Silver Bubble" and those attesting that the gubberment will fight past our strongholds to steal our silver......not going to happen. As Sprout says, $190/oz Silver is "baked into the cake".....all we have to do is to hold on and "let Silver take care of us". Thanks for posting this fine interview. Kaaaa-kaaaaa!
crazeyspivey 11 months ago
Hey SGT, I feel real good about something I did. I e-mailed a guy I know in my hometown 4 of your silver videos, and a few other videos from other guys...and he was so convinced he ordered a Monster box from Apmex! He should get it next week. Also, he has about 10 Pontiac GTO's that he is selling, and he is then buying more silver...and ALOT of it! SLA freedom fighters march on!
silverexplosion 11 months ago
@silverexplosion holy cow, sounds like you've had more luck convincing friends with 4 videos than I've had with 137! kudos sir.
SGTbull07 11 months ago
I'm listening to this with my daughter - right after Bob said he buys silver every two weeks no matter what the cost she said, "because when you buy silver, you get your money back."
Wealth protection described by a 7 year old.
:)
continuityofliberty 11 months ago 21
@continuityofliberty
Get her a newsletter started now! lol
Toa41587 11 months ago
@continuityofliberty That was too cute.
You may wanna ask her where to hide it.
mkmason2002 11 months ago
LOVE THESE INFORMATIVE VIDEOS!! THANK YOU FOR THE TIME SPENT PRODUCING THEM FOR US!
notpcone 11 months ago
@notpcone it is my passion and my pleasure, thanks for tuning in!!
SGTbull07 11 months ago
@SGTbull07 No, THANK YOU !!! Always eager for another vid! Keep up the great work!
notpcone 11 months ago
Very very good. Well done & thanks for the effort.
GuildF40 11 months ago
My favorite forecaster! Their is no other! Awesome work SGT
stelmorVH 11 months ago
I don't know why anyone who truly understands the precipice we are standing at would buy mining stocks. They are PAPER, just like ETFs. There is what is known as counter-party risk, which means that someone can say to you, "I can't pay you what I owe you". Or the gov't can easily confiscate it. If you have big wealth and you want to gamble a little of it on possibly big returns from the miners, have fun, but if you are of humble means, BUY PHYSICAL and HIDE IT WELL. And NOT in a safe deposit box
MrDorkusMaximus 11 months ago 3
@MrDorkusMaximus I was a bit surprised by Bob's take on it, but as you heard he thinks the worst days for mining stocks are behind them. I'm not certain that is the case, but shoud add that a few of my favorites like GPL, NGD, EXK and CDE are up big over the last year allowing me to spin out paper profits and turn them into loads of physical metal.
SGTbull07 11 months ago
@MrDorkusMaximus buying a silver or gold mining stock you really believe goes with a company that will outlast the problem - because they are producing - may be tricky. Unlike other stocks where valuations can go out the window, if you seriously own shares that are actually on paper & the company does not fold, that's the new source of physical money & you own a stake in it. Very risky proposition but with a potential reward. Not for the timid, NOT for savings.
ytgv3fc7 11 months ago
@ytgv3fc7 I agree, you are absolutely correct.
When I make comments, typically the gist of it is anticipating what other video viewers will be wondering, (as I often do). Many of them are overwhelmed by what to do. In the case of my comment above, I am offering up basic strategy. My germane point is that miner stocks, though I'm sure the profits will be substantial, are only real profits when someone converts them to "physical" which can only be stolen by house-to-house searches by the gov't.
MrDorkusMaximus 11 months ago
Its great to hear that Bob likes the pre 65 coins like I do ! But I love the Eagles too !
Uwiluz60 11 months ago
Bob Chapman = gracious and brilliant ! Thanks SGT !!
RenegadeTimes 11 months ago
@WarlordMaster427 yep, I saw that vid last night and it was a good explanation, I agree it's a good view on the subject (I did this interview with Bob yesterday morning.). Having said that, margin tighteneing out of the blue, when the insiders know it's coming hours before hand, and always announced when silver is UP big, is also a useful tool for the banksters.
SGTbull07 11 months ago
SGT, quite possibly the best Bob Chapman interview ever! Thanks so much...you answered my very question regarding mining stocks...have recently had the suspicion that they will be immune to a market crash and he just confirmed it...only question remains, how they will be valued under a new currency, lol.
geniusmarketing08 11 months ago
Great interview.. Thanks!
vidsurf88 11 months ago
If the paper market falls apart, then the price of the paper silver might drop.
The paper is not backed by anything, it states so in the contracts/arrangements that there is no real silver deliverable.
This market is just an online casino, like online poker etc.... its a VIDEO GAME.
When the video game dies, the value of those "assets" will be zero and the banks will owe nothing, but the investors would of been EVISCERATED.
Dre4dwolf 11 months ago 2
@Dre4dwolf yes, thats why gold and silver has been the real money since the egyptians right.. what an idiot you are
ShikamaruTKD 4 months ago
You're getting better. You should join up with Alex Jones. I think your show is top quality. I prefer your commentary to Max keiser. Keep it up!
chaise009 11 months ago
@chaise009 I second that
xxHANNONxx 11 months ago
@chaise009 wow, taking that with a grain of salt so it doesn't go to my head. But thanks for watching!
SGTbull07 11 months ago
Great, great interview. You are the best on youtube SGTbull07! I only trust the physical.......
argentummolonlabe 11 months ago
I find bob's comments about mining shares and hedge funds rather dubious. Historically individual commodities fall to the 50th to 90th centile oft he cost curve in a bear Market. As that occurs mining shares get smacked, earnings fall etc. I would also love to see the Adrian Douglas research.
paulmcmillan 11 months ago
does anyone know how to find the Adrian Douglas research mentioned at 1:20 ?
otacon451 11 months ago
@otacon451 Yes, google marketforceanalysis(dot)com and look for "latest articles" on the left hand side. They'll keep you busy for a while...
SGTbull07 11 months ago
I cashed out IRA and took the hit. Used it to buy ass-ton of silver @ $20. Best move I ever made
Ilovehistorychannel 11 months ago 26
@Ilovehistorychannel i did the same thng with my 401k when silver was 15. got called stupid. who's smiling now
MYAR15SaysImFree 11 months ago 4
@MYAR15SaysImFree My acountant asked me a few times, with a smirk, "how's your silver?". He doesn't ask anymore. Haha!
chaise009 11 months ago
@chaise009 Hahaha, classic...my accountant looked real surprised too when I told her silver was up over 80% last year....man I love accountants, so clinically dead on sensible investing sometimes.
geniusmarketing08 11 months ago
@chaise009 yeah cuz he's stacking now too
MYAR15SaysImFree 11 months ago
@Ilovehistorychannel Brilliant. Well done. Can't understand why others are not doing the same. I sold my house to buy silver @ 15.00. Best move I ever made.
dowhatuwill 11 months ago 3
@dowhatuwill I would have done the same, but couldn't sell. Good on yah!!!!!
chaise009 11 months ago
@Ilovehistorychannel SMART !!!
notpcone 11 months ago
@Ilovehistorychannel i did the same thing last year at 16-17$ I feel much safer knowing i have some wealth protection. my friends all think i was nuts, but now i sense a little jealousy! i keep telling em its not to late, stack em high!
TheCattracker 11 months ago
SGT, sounds like you were irritated/frustrated by this interview. Maybe that's just me.
lilbromarky1 11 months ago
Wonderful Interview SGT.
Best channel on the tube.
m72mc 11 months ago 11
@m72mc wow, thanks so much!!
SGTbull07 11 months ago
I have my silver in Bullionvault - i believe thats connected to the LBMA , can anyone tell me if my silver is safe ?
hablerz 11 months ago
@hablerz If you do not have it in your possession , it is not safe . Not even a bank safety deposit box is safe . Homeland security , the banks and the government have already stated , that they will keep guns , precious metals from safety deposit boxes . TRUST NO ONE
tracycolorado 11 months ago 15
@tracycolorado dig a hole in your basement and bury it and cement over the top. Just one thing dont tell anyone not your kids or wife no one. It could be dangerous to your health. Like you said trust no one.
sopark434 11 months ago
@hablerz cryptogon------com/?p=16121 rothschilds invested in them..im about to buy from monarch precious metals they have a good reputation. there are other sellers out there that are highly reputable and well priced...
otacon451 11 months ago
@otacon451 For silver NWTM. Gold, Bullion Direct or Gainsfield Coins.
707HEALDSBURG 11 months ago
@707HEALDSBURG thanks for the heads up, im only on the homepage of NWTM and their website security is several levels higher than monarch which is more reassuring
otacon451 11 months ago
@otacon451 Thats good to hear. I didnt know they had the security on lock too. The customer service is astounding. I placed my first order with them for 9,999 dollars. They said I had to secure the order with a credit card. i said "Idont have one" they said ok no problem. AWESOME PEOPLE OVER THERE. PLUS, I changed my order around once I had already placed it, they did me a "one time courtesy" and let me change it all around. I really cant say enough about their customer service.
707HEALDSBURG 11 months ago
@hablerz Its not.. if you can't touch it you don't own it. Get it out now.
SIERRAHPBT 11 months ago 2
@hablerz Get it into your hand Bro. When the collapse comes it will be overnight.
707HEALDSBURG 11 months ago 2
@hablerz Not safe at all LBMA is as bad as it get , you have no silver
YVRSURF 11 months ago 2
@hablerz get it delivered to you now. you dont have alot of time IMO
MYAR15SaysImFree 11 months ago 2
@hablerz If you can't touch it, you don't own it my friend. Get possesion urgently, if you can.
Get a safe or get creative and hide it well. Just get it in your hands.
dowhatuwill 11 months ago
Good thing I added 100 shares of SIL to my Silver position.
GOLDSILVERDUDE 11 months ago
You know, I can see the govt confiscating "wealth" - which may end up being gold and silver.
megawavez 11 months ago
@megawavez how are they going to do that? They have been stealing your "wealth" through inflation from the FED for the past 100 years.
SIERRAHPBT 11 months ago
Another great interview SGT.
totalfloat 11 months ago
its not enough "not to sell" gold and silver and get the higher prices! its also necessary that someone BUYS!
redhotbits 11 months ago
@redhotbits the industrial demand fills that need .
TheSilverGypsy 11 months ago
hi,great video,i was wondering what your opinion is with the collection sets for instance franklin mint. they are good quality silver is this a good buy ?thanks
greenknightist 11 months ago
@greenknightist I don't see anyone answering, so I'll jump in here. If you are buying strictly for an investment DON'T buy anything like that. If you sell it, you will get just the price of the silver back. Buy bullion grade silver from a reputable dealer. There are fakes out there. Any coins above bullion/junk grade will have a more mark up. You can buy silver rounds or bars and avoid those added costs. Mr. Chapman also talks about 90% silver junk coins. Those are good too.
pmarie2003 11 months ago
@greenknightist I personally would not touch them. Stick with government issued bullion coins like Canadian silver maples, Australian Kookaburra's, Austrian Philharmonics, and maybe some American silver eagles too. Good luck.
SGTbull07 11 months ago
Excellent comment from Bob about mining shares not going down because of hedge funds.
alycephoto 11 months ago 3
Yup its going to $50
charlesfuchs 11 months ago 2
Excellent work yet again, SGT. :)
chop98 11 months ago
Great interview with my friend, Bob Chapman. I wish that Max Keiser would have Bob on one of his many many shows.
slhines7 11 months ago 2
How can the U.S. government default? When all they have to do to pay thier bills is print more money? They dont even need to produce anything. And to make things even better for the U.S. thier currency is backed by God! Just look on thier bills. " In God We Trust " ! How can God default?
workwillfreeyou 11 months ago 2
@workwillfreeyou They can print all the money they want to print. We will be the ones to suffer. Why would they default? Because nobody in the WORLD will take the money. It has no intrinsic value. It is not tangible like gold, silver, wheat, oil, corn, and the list goes on and on. God does not back this money. "In God We Trust" was placed on the Federal Reserve Note in the 50's as propaganda against the Soviets. Our money as we use now has no place for God. Only tangibles are noted in the Bible.
chop98 11 months ago
JP MORGAN DEFAULT "WATCH"
/watch?v=U0Br2qymufc
CP91311 11 months ago
my friend has silver but only of paper and i am trying to explain to him that it is a fraud and he still does not get it... what else could i tell him to make him understand
GONECRUISING72 11 months ago
@GONECRUISING72 Have him watch this video on TheWeeklyTelegram YT channel. watch?v=_-dBQd16cvg
73cupcake 11 months ago
@73cupcake thanks..... i will i have physical silver so at least i have something... his piece of paper is worthless...
GONECRUISING72 11 months ago
SGT...great interview. Many thanks for all your efforts!