1. Gold and Silver are a de facto money that can be exchanged for any fiat currency.
2. As more currency is printed, the prices of gold and silver must rise. (otherwise banks could print enough paper to buy all the gold and silver, and leave everyone else with none)
3. The price of silver has not risen this year, but enormous amounts of currency have been printed, and this will continue.
man richard docaughty got it spot on....ive been slowly investing in silver for a while now....currently i have just over 12 kilos now and only now am i slowly feelin comfortable that i have enough to protect myself and my family. but i did the whole buy a bit and then i didnt feel it was sufficient and have continued. i will do using all fiat currency i own, its worthless now and will devastate countries in the not so distant future sadly!
man richard docaughty got it spot on....ive been slowly investing in silver for a while now....currently i have just over 12 kilos now and only now am i slowly feelin comfortable that i have enough to protect myself and my family. but i did the whole buy a bit and then i didnt feel it was sufficient and have continued. i will do using all fiat currency, its worthless now and will devastate counries sadly!
@itsonelouder1 but if paper money becomes worthless, you still have something tangible with which to barter or buy, its still money, whereas money is really just numbers on a computer screen, it doesnt really exist unless you have it in your hands. the only potential threat against metals is the onset of nanotech, when they can manufacture them artificially, but even then it still doesnt tend to affect the price of the genuine article that much.
Demand and supply is an economic model of price determination in a market.
Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.
But what ya'll do not know is that you can buy gold, silver, and platinum extremely cheap through an auction I found. Go to
protoprotoss . net (remove spaces)
and there are sites listed there which actually DO have it... not some dumb ass report that wants you to buy some other crap like this idiot below me is spamming.
anyone want to get 1 oz silver Morgan rounds for free? Go to h t t p (colon) //silversnowball(dot)com/3897 and get some more info on how to do it!!!! Its a lot easier than you think!
I think the money system was messed up from the start- I mean, giving special paper/notes just to get food, and necessary supplies? AND you have to work for that paper? Come on! Things like this can't last forever..... I mean...... I think u.s. currency is like math:based off of nothing, but they also have differences within the same math:People just want answers. I mean, who came up with pi? How did they even generate such a number? Money:....?Paper? Really? How broken can that get 'nuff said.
Start here people I made £30 today on silver I have been trading for 2 weeks this is my biggest yet. I got given a free oz of silver and after playing with that I bought 5 oz and haven't lost a penny. I wish I had more money to buy more silver so im referring you lovely you tubers they have a reward scheme for introducing people.
Is this a good time to invest in silver, as a first time investor? It's something like $38.50 an ounce now, but of course, I feel like I 'missed the boat' not investing in it when it was $7 an ounce, or $15 an ounce! Comments please...
@AudiophileTubes If you plan on holding on to the silver at least five years with NO intention of spending your money, go ahead and buy at $38.50. The price will only go higher! As for the people who bought at $7 or $15 , they were smarter than you. But thats O.K. - YOU WILL MAKE MONEY, and that is what is important!
$10,000 invested in silver bullion in 2000 would now be worth in excess of $70,000. buy silver today & buy your kids a house in the future. Do your research & see it's an investment of a lifetime. NIA recently declared silver as the best investment of the next decade.
what richard Daughtry was saying at 2:00, that is exactly right, try it, buy some & ask yourself if you have enough, do it again and again until you say yes, i have enough.
I bought my first silver back in 2007 from Monex and I still have a copy fo this on DVD. That richard Daughtry is a real hoot. He ought to have his own show.
I listened to Robert Kiyosaki's advice on silver: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
I listened to Robert Kiyosaki's advice on silver: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
DON'T BUY SILVER OR GOLD as an INVESTMENT buy it as MONEY, and use it as such, you will be suprized how many merchants will pay full spot value in goods and service.
Amen to that DeeHong.When you get the silver story,there doesn't seem to be enough silver in the world.Basically The Guru is right,there is a stop-limit;if there isn't,then you will never be satisfied in life.
@mapleleafs182 its all good its prolly the best investment you'll ever make i only spend $500 and im looking to start buy silver at least $200 every week will go to silver thas all i can afford for now!
The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value!
The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.5 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today!
The speakers should have and could have made much more compelling points. For one, the American dollar has been inflated more in the past two years than in the past ten years combined. Two, it has also been proven that the prices of precious metals have been dramatically artificially suppressed. These trends make for a dramatic correction at some time in the future.
silver is close to 30$ below gold in i980. The white metal will outpreform gold in 2010.THE BIGGEST SUPRISE WILL BE SIVER AT 100 AN OZ BY THE END OF 2010
Geez all the talk about silver shortages and how many oz are left inside the earths crust what a bunch of nonsense. If all these silver pedlers are soooo confident the future price will be soooo much higher why do they even sell it? They should just hold it and wait but nope they'll sell it to you at $20 oz today and gee they accept fiat currency in exchange for it.
Lol wow so ignorant it's there job hello how do you think they provide for there family, the house payments car payments you still need play money to play for those things. You can't show up to the grocery store at this time and give them silver coins for food or to pay bills.
Silver is even a little bit better than Gold but only because it is an industrial metal as well as a precious metal. 20 years ago the world had an above ground supply of 20 Billion,(20,000 Million) ounces of Silver. Today we have only about 400 Million left out of that amount. It's because we use it in everything. Where do you think the price will go when the amount we have left disappears? Miners just can't keep up with the demand and so the price will soar folks!
What really matters about precious metals is that unlike paper money, they retain their purchasing power no matter what the prices may be at any given point in time. Whether $230.00 an once or $2300.00 an once Gold will purchase as much as always and more. Fiat currencies will always purchase less and less until you need a wheelbarrel load just to buy a loaf of bread. Don't believe me? Just check your history books. May God bless us all with wisdom and understanding.
It's hype and salesmen pitch. Watch silver falling dramatically next stockmarket crash, very likely early 2010.
Remember all those "experts" appearing few years ago claiming that oil will only climb and hit $5/litre soon? It was all hype. Whenever media is bringing out this claims worldwide in different countries, you can be sure the ELITE is behind it........to fool you
lol, gold and silver always sky rocket in stock market crash situations. I don't know what you're talking about, main stream media is still quiet about silver.
In the 80's stock market crash, silver hit $350 an ounce (inflation adjusted).
The "elite" is fooling us to buy stocks that doesn't even outperform inflation, and that only looks good because of inflation. They don't want us to own things that are out of the reach of their dollar - in fact, they've been confiscating it before!
@clarkcolt45 I don't believe it. I think the S&P has outperformed silver over time. All this hype about real money is just hype. Silver will be back down around $5 soon.
LOL, i don't know what you are screaming about when you can't use numbers.
The FACT is that most Silver ever mined is in landfills today. The central banks was selling of huge amounts of silver in the 90's that went straight into consumption.
Most gold ever mined is still stored and owned by humans.
Silver goes in cycles, yes. That's why there's times when the stocks outperform commodities and when commodities outperform stocks. It's the key here, silver has never been this undervalued
"Buy 100 ounces" LOL I only bought one! But that's all I can really afford because I am a college student. But heck, if silver hit even 500/ounce I'd take that profit/safety.
another thing, its an industrial metal used in clothes, mobile phones, deodorants, medication etc. It is running out and is in fact currently rarer than gold. The price is suppressed by the FED also, but that won't last forever when demand far outweighs production
I do not care if it goes up now or in 5 years,the longer it takes the more I can buy at depressed prices. I have been buying Silver since 2000 and I still think it is very cheap at these prices.....when we see $200 an ounce I will stop buying=)
I just the fellow at the 2.00 minute mark. He is my favorite of the several speakers I have heard. His advise to about how much silver and gold to hold is especially valuable and sharp. My Grandma would approve.
Silver might have a pullback here if the Fed eases. If the market tanks again,I think the Fed will start up the printing presses again, and that's when it will start to skyrocket!
Wow the Mogambo Guru speaks, read his column every freakin day (EFD) first time I heard him talk. MG is right silver has been on an absolute rip, gold is sexier but silver pays better. Whee! This investing stuff is easy!
thompk12, you won't need to worry about any silver you own WHEN the dollar collapses. You can cashout your metals in other currencies at anytime. I would cashout only when you need to buy something. Don't hold large amounts of ANY currency- all countries are printing fiat money,
You want silver in many denominations because,, you will be able to buy basic essentials from either private parties or public places with smaller denomination silver. If you walk into a buying situation (if the dollar has collapsed) with super valuable gold, you will have a much harder time getting change. If the dollar fails, people will figure out a trade rate with silver very quickly. It will get you through tough times, food, medicine, etc easier than gold. Hope that helps
precious metal are tied to the dollar...when the dollal rises the price of metals go down...when the dollar falls,it takes more dollars to buy metals...i started buying silver at 8 dollars an ounce it is almost doubled that now...yes i believe people will barter with metals...when people find out what the goverment to their paper money they are going to be pissed...please check out my vid silver vs money it might help..mike
"Gross ignorance and stupidity." Very hard to tell when the masses will begin to wake up and create the silver money demand. Could be another decade away.
Do you sell silver?
Deadhawk99 1 month ago
The case for Precious metals is this.
1. Gold and Silver are a de facto money that can be exchanged for any fiat currency.
2. As more currency is printed, the prices of gold and silver must rise. (otherwise banks could print enough paper to buy all the gold and silver, and leave everyone else with none)
3. The price of silver has not risen this year, but enormous amounts of currency have been printed, and this will continue.
Community is the most important thing
wjestick 2 months ago
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man richard docaughty got it spot on....ive been slowly investing in silver for a while now....currently i have just over 12 kilos now and only now am i slowly feelin comfortable that i have enough to protect myself and my family. but i did the whole buy a bit and then i didnt feel it was sufficient and have continued. i will do using all fiat currency i own, its worthless now and will devastate countries in the not so distant future sadly!
becij13 2 months ago
man richard docaughty got it spot on....ive been slowly investing in silver for a while now....currently i have just over 12 kilos now and only now am i slowly feelin comfortable that i have enough to protect myself and my family. but i did the whole buy a bit and then i didnt feel it was sufficient and have continued. i will do using all fiat currency, its worthless now and will devastate counries sadly!
becij13 2 months ago
Still worth buying as it hasn't it triple digits yet.
MrKozee 2 months ago
Now?
khunopie 3 months ago
I buy silver, because it weights more than gold. Its practical.
hopala007 3 months ago
Buy Silver, from me, for above spot. It's a great investment! hahaa these guys really know how to fleece a fool for his money.
silvermediastudio 3 months ago
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Hi everyone! Would you like to join me earn SILVER FOR FREE MONTHLY? check out my channel. thanks! :)
tinyurl,com/silverforfree
Silverforfree 4 months ago
Like your video, but I show 170 million oz more silver excess per year
production than all combined buyers. Bad sources on internet
use bogus figures.
frankzakzak 4 months ago
The thing that worries me about silver is that in a recession or depression there'll be less need for silver because no one will be buying anything.
itsonelouder1 5 months ago
@itsonelouder1 but if paper money becomes worthless, you still have something tangible with which to barter or buy, its still money, whereas money is really just numbers on a computer screen, it doesnt really exist unless you have it in your hands. the only potential threat against metals is the onset of nanotech, when they can manufacture them artificially, but even then it still doesnt tend to affect the price of the genuine article that much.
SovereignBeing 5 months ago
Demand and supply is an economic model of price determination in a market.
Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.
DocWog 6 months ago
This has been flagged as spam show
But what ya'll do not know is that you can buy gold, silver, and platinum extremely cheap through an auction I found. Go to
protoprotoss . net (remove spaces)
and there are sites listed there which actually DO have it... not some dumb ass report that wants you to buy some other crap like this idiot below me is spamming.
FreakyAnalGirl 6 months ago
Look at that Silver at 40.53 and Gold at 1605.00 oh sorry can't sleep lol
001MeTaBoLiC100 7 months ago
That guy is right I can't sleep at night, I don't have enough Silver :(
001MeTaBoLiC100 7 months ago
@liammateer I believe we are headed above $ 50 in the next year or two
ub30f 7 months ago
@ub30f Above 50 in the next year or two? At the rate its climbing it'll be way over 100... im still buying...
trnqlChaos 7 months ago
@trnqlChaos Could be.
ub30f 7 months ago
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anyone want to get 1 oz silver Morgan rounds for free? Go to h t t p (colon) //silversnowball(dot)com/3897 and get some more info on how to do it!!!! Its a lot easier than you think!
frankiegmh 9 months ago
SILVER = FOOLS GOLD. SILVER IS HEADED FOR A HUGE TUMBLE, DOWN TO ABOUT $20 TO $25 AN OUNCE. SELL SELL SELL!
AudiophileTubes 9 months ago
@AudiophileTubes Someone is mad because they dont have any silver...
just4show4 9 months ago
I wish I had watched this in August of 09, I would be a rich man
jowen034 10 months ago 6
@jowen034 same here....
punkkimiko 8 months ago
@jowen034 you just keep on wishing
yellow6100 1 month ago
$47 Silver. $1500 Gold. YEE FUCKING HAW!
GOLDSILVERDUDE 10 months ago
Hmmm. when the video was released it was $14.13
Crazy stuff!
FrankT11113 10 months ago
Comment removed
urkingod 10 months ago
I think the money system was messed up from the start- I mean, giving special paper/notes just to get food, and necessary supplies? AND you have to work for that paper? Come on! Things like this can't last forever..... I mean...... I think u.s. currency is like math:based off of nothing, but they also have differences within the same math:People just want answers. I mean, who came up with pi? How did they even generate such a number? Money:....?Paper? Really? How broken can that get 'nuff said.
MrSuperHeatran 10 months ago
This has been flagged as spam show
Send an email to lance.locke26@gmail.com for my free eBook on how to buy Gold and Silver at wholesale price!
kylextown24 10 months ago
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Start here people I made £30 today on silver I have been trading for 2 weeks this is my biggest yet. I got given a free oz of silver and after playing with that I bought 5 oz and haven't lost a penny. I wish I had more money to buy more silver so im referring you lovely you tubers they have a reward scheme for introducing people.
free silver cant be bad ;)
wwwbullionvaultcom /# picklesmesilvers
GoldenWinning 11 months ago
Is this a good time to invest in silver, as a first time investor? It's something like $38.50 an ounce now, but of course, I feel like I 'missed the boat' not investing in it when it was $7 an ounce, or $15 an ounce! Comments please...
AudiophileTubes 11 months ago
@AudiophileTubes If you plan on holding on to the silver at least five years with NO intention of spending your money, go ahead and buy at $38.50. The price will only go higher! As for the people who bought at $7 or $15 , they were smarter than you. But thats O.K. - YOU WILL MAKE MONEY, and that is what is important!
hamzah938 11 months ago
2:48 the guy is looking into my soul .... the eyes man, the eyes
jackdorward 11 months ago
I'm addicted to buying it, i need help.
Mikebenal 1 year ago
@Mikebenal My Brother, the only help you need is someone to help carry it home with you! KEEP BUYING!
hamzah938 11 months ago
Why Gold? Why Now?
LightingChildren 1 year ago
THE SILVER BUBBLE IS ABOUT TO BURST
wastedwasted3 1 year ago
@wastedwasted3 cool, can i have yours?
911truthfarmer 1 year ago
see, you have been warned almost 1,5 years ago
vomit55 1 year ago
2:40 reptiles just cant hide their real face
kontoman 1 year ago
$10,000 invested in silver bullion in 2000 would now be worth in excess of $70,000. buy silver today & buy your kids a house in the future. Do your research & see it's an investment of a lifetime. NIA recently declared silver as the best investment of the next decade.
09SRILANKA 1 year ago
at 2:00 minutes that guy is 100% correct
GONECRUISING72 1 year ago
what richard Daughtry was saying at 2:00, that is exactly right, try it, buy some & ask yourself if you have enough, do it again and again until you say yes, i have enough.
whtswrngwthupeople 1 year ago
I bought my first silver back in 2007 from Monex and I still have a copy fo this on DVD. That richard Daughtry is a real hoot. He ought to have his own show.
whtswrngwthupeople 1 year ago
Buy physical silver, mass silver buy day 11th December 2010.
09SRILANKA 1 year ago
This has been flagged as spam show
I listened to Robert Kiyosaki's advice on silver: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
ManufactureBelief 1 year ago
This has been flagged as spam show
I listened to Robert Kiyosaki's advice on silver: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
ManufactureBelief 1 year ago
Comment removed
Ernster86 1 year ago
I got 16 ounces
kirbyman1kanden7pf 1 year ago
DON'T BUY SILVER OR GOLD as an INVESTMENT buy it as MONEY, and use it as such, you will be suprized how many merchants will pay full spot value in goods and service.
OrganicDrew 1 year ago
I am a Doctor...you can trust me.....the guy at 2:54 is suffering from a serious eye disease called Silverbullioutis.....which cannot be cured.
However there are rumours that an eyeball wash of 'Colloidal Silver' might help.
dojufitz 1 year ago
i agree with you now. you made things clear sir.
Rico8458 1 year ago
Amen to that DeeHong.When you get the silver story,there doesn't seem to be enough silver in the world.Basically The Guru is right,there is a stop-limit;if there isn't,then you will never be satisfied in life.
Hellserch 1 year ago
i wish I wasn't so poor, he said buy 100 oz.
I just bought 20 oz and that took most of my money.
mapleleafs182 1 year ago
@mapleleafs182 its all good its prolly the best investment you'll ever make i only spend $500 and im looking to start buy silver at least $200 every week will go to silver thas all i can afford for now!
cetnik03 1 year ago
This has been flagged as spam show
The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value!
Heidelager 2 years ago
The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.5 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today!
Heidelager 2 years ago
This has been flagged as spam show
and should be melted down and made into something better
OrganicDrew 1 year ago
black obama will do nothing to save our economy. dont look to the first kenyan african negro president to save our nation.
Rico8458 2 years ago
You can't save what is already screwed up. Check it out, don't believe the hype dude
junkyarddog47 1 year ago
@Rico8458 LOL Who is Obama really taking orders from ols, rich, satanic, "white" men!!! You are an ignorant racist that will burn in hell! LOL
0Ellie25 1 year ago
@Rico8458
PLEASE SIR,YOU SEEM SOMEWHAT CORRECT IN YOUR MILDLY IGNORANT COMMENTS..LOL
NO OFFENCE ,I MEAN IGNORANT AS IN ,THE TRUE MEANING ,NOT KNOWING/NAIVE.
THE MAN KNOWN AS BARRACK OBAMA
IS ACTUALLY
BARRY SOETORO.
GOOGLE IT,WIKI IT,WHATEVER IT, RESEARCH IS IMPORTANT NOWADAYS.
BARRY SOETORO IS AN AGENT OF THE CIA ,WORKING FOR THE HOUSE DE ROTHSCHILDS ZIONIST CARTEL.
everythingisfake1973 1 year ago
The speakers should have and could have made much more compelling points. For one, the American dollar has been inflated more in the past two years than in the past ten years combined. Two, it has also been proven that the prices of precious metals have been dramatically artificially suppressed. These trends make for a dramatic correction at some time in the future.
hmorganman 2 years ago
Ich bin geilll auf Silber! Es gab Zeiten, da kostete Silber mehr als Gold.
Ich bin megastgeilll!
eufibu123 2 years ago
silver is close to 30$ below gold in i980. The white metal will outpreform gold in 2010.THE BIGGEST SUPRISE WILL BE SIVER AT 100 AN OZ BY THE END OF 2010
judedre 2 years ago
Awesome, I've been loading up on the Scottsdale Stackers Silver Bars !
pinup22 2 years ago
awesome
judedre 2 years ago
ive got as much silver as u want and can beat anyones price interested? amgsfdotcom ask for andy
judedre 2 years ago
Silver is worth $1,000,000 a micro ounce so get to buying NOW.
spunright 2 years ago
BUY NOW!!! YIKES BUY IT NOW!!!
Geez all the talk about silver shortages and how many oz are left inside the earths crust what a bunch of nonsense. If all these silver pedlers are soooo confident the future price will be soooo much higher why do they even sell it? They should just hold it and wait but nope they'll sell it to you at $20 oz today and gee they accept fiat currency in exchange for it.
spunright 2 years ago
Lol wow so ignorant it's there job hello how do you think they provide for there family, the house payments car payments you still need play money to play for those things. You can't show up to the grocery store at this time and give them silver coins for food or to pay bills.
Instrumentally 2 years ago
Silver is even a little bit better than Gold but only because it is an industrial metal as well as a precious metal. 20 years ago the world had an above ground supply of 20 Billion,(20,000 Million) ounces of Silver. Today we have only about 400 Million left out of that amount. It's because we use it in everything. Where do you think the price will go when the amount we have left disappears? Miners just can't keep up with the demand and so the price will soar folks!
anthonymellado 2 years ago 2
@anthonymellado Wonder if it will be in your life time.
steve5123456789 2 months ago
What really matters about precious metals is that unlike paper money, they retain their purchasing power no matter what the prices may be at any given point in time. Whether $230.00 an once or $2300.00 an once Gold will purchase as much as always and more. Fiat currencies will always purchase less and less until you need a wheelbarrel load just to buy a loaf of bread. Don't believe me? Just check your history books. May God bless us all with wisdom and understanding.
anthonymellado 2 years ago 16
@anthonymellado ah!! I see u have read Robert Kiyosakis Conspiracy of the Rich and i totally agree
yazafara 1 year ago
@anthonymellado What about during deflation. With people losing their jobs and thus spending less, the dollar will itself increase.
Cheema0113 7 months ago
WHO IS PAYING THESE FUCKIN LIARS ?
ANTIDALLARD 2 years ago
Comment removed
seppundfritz 2 years ago
It's hype and salesmen pitch. Watch silver falling dramatically next stockmarket crash, very likely early 2010.
Remember all those "experts" appearing few years ago claiming that oil will only climb and hit $5/litre soon? It was all hype. Whenever media is bringing out this claims worldwide in different countries, you can be sure the ELITE is behind it........to fool you
seppundfritz 2 years ago
lol, gold and silver always sky rocket in stock market crash situations. I don't know what you're talking about, main stream media is still quiet about silver.
In the 80's stock market crash, silver hit $350 an ounce (inflation adjusted).
The "elite" is fooling us to buy stocks that doesn't even outperform inflation, and that only looks good because of inflation. They don't want us to own things that are out of the reach of their dollar - in fact, they've been confiscating it before!
clarkcolt45 2 years ago
gold and silver has been outperforming stocks for a long time now - silver outperforming gold with 350% profit since 2002...
If you want to argue, go look up some numbers and come back then... now, you look like a fool ;)
clarkcolt45 2 years ago
@clarkcolt45 I don't believe it. I think the S&P has outperformed silver over time. All this hype about real money is just hype. Silver will be back down around $5 soon.
spunright 2 years ago
LOL, i don't know what you are screaming about when you can't use numbers.
The FACT is that most Silver ever mined is in landfills today. The central banks was selling of huge amounts of silver in the 90's that went straight into consumption.
Most gold ever mined is still stored and owned by humans.
Silver goes in cycles, yes. That's why there's times when the stocks outperform commodities and when commodities outperform stocks. It's the key here, silver has never been this undervalued
clarkcolt45 2 years ago
@seppundfritz Sorry but you're wrong. When an economy crashes people generally only trust two things precious metals and God.
Check out history. Of course this is a commercial but it is the truth.
A great website for this info is vision victory manifesto. I wish you well.
mkmason2002 2 years ago
"Buy 100 ounces" LOL I only bought one! But that's all I can really afford because I am a college student. But heck, if silver hit even 500/ounce I'd take that profit/safety.
SevereTstormFan 2 years ago
another thing, its an industrial metal used in clothes, mobile phones, deodorants, medication etc. It is running out and is in fact currently rarer than gold. The price is suppressed by the FED also, but that won't last forever when demand far outweighs production
Seano71 2 years ago
Poor man's gold? It'll be worth more than gold in about 10-15 years
Seano71 2 years ago 3
I do not care if it goes up now or in 5 years,the longer it takes the more I can buy at depressed prices. I have been buying Silver since 2000 and I still think it is very cheap at these prices.....when we see $200 an ounce I will stop buying=)
js1112111 2 years ago 5
do i have enough????
naaaaaaaaaaa.. i need to go buy another 5 ounces
thats what i have been doing for the past 18 months
cds162 2 years ago
@cds162 Smart! Sock it away.
mkmason2002 2 years ago
I wish i can say i have enough silver wouldn't anyone?
DeeHong 2 years ago 13
these guys remind me the heads of corporate security... after 20-30 years in fire dept or police...
ComancheChiefSD 2 years ago
All these guys are wearing bad suits.
jgpenate 2 years ago
good point
ComancheChiefSD 2 years ago
I just the fellow at the 2.00 minute mark. He is my favorite of the several speakers I have heard. His advise to about how much silver and gold to hold is especially valuable and sharp. My Grandma would approve.
tesskansas 2 years ago 2
Silver might have a pullback here if the Fed eases. If the market tanks again,I think the Fed will start up the printing presses again, and that's when it will start to skyrocket!
meikagirl 2 years ago
Nice David Morgan a Silver investment guru, an easy place to find all his comments, that I follow can be found on davidmorganblog. blogspot. com
natemcdo 2 years ago
Wow the Mogambo Guru speaks, read his column every freakin day (EFD) first time I heard him talk. MG is right silver has been on an absolute rip, gold is sexier but silver pays better. Whee! This investing stuff is easy!
lintburger 2 years ago 2
thompk12, you won't need to worry about any silver you own WHEN the dollar collapses. You can cashout your metals in other currencies at anytime. I would cashout only when you need to buy something. Don't hold large amounts of ANY currency- all countries are printing fiat money,
tim3687 2 years ago
You want silver in many denominations because,, you will be able to buy basic essentials from either private parties or public places with smaller denomination silver. If you walk into a buying situation (if the dollar has collapsed) with super valuable gold, you will have a much harder time getting change. If the dollar fails, people will figure out a trade rate with silver very quickly. It will get you through tough times, food, medicine, etc easier than gold. Hope that helps
jclemens1970 2 years ago
5of5 thank you
micollision 2 years ago
precious metal are tied to the dollar...when the dollal rises the price of metals go down...when the dollar falls,it takes more dollars to buy metals...i started buying silver at 8 dollars an ounce it is almost doubled that now...yes i believe people will barter with metals...when people find out what the goverment to their paper money they are going to be pissed...please check out my vid silver vs money it might help..mike
micollision 2 years ago
"Gross ignorance and stupidity." Very hard to tell when the masses will begin to wake up and create the silver money demand. Could be another decade away.
h050911 2 years ago