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This guy is just frustrated and wants others to feel about it. I do agree that the field is incredibly challenging and that not everyone is expected to succeed at it. Those who will fail are better off doing something else.
Well, some of what you're saying is true but I don't agree with silver and gold being a waste. You're saying if you only make x amount from 10,000 worth of gold it's not enough to be worth it. Well, the question is what would you make from the stock market during that same period of time with the same amount of money. Probably less. Personally, I think the best thing is to follow the money. Wherever it is. Precious metals are all high ATM.. Not a good time to buy it. Buy low. Sell high.
It's pretty obvious this guy doesn't know what he's talking about. Gold, Platinum, Palladium and Silver are the ONLY world currency that counts. Your $5 dollar bill only has a value because you were told it has value but the reality of it is that it's only a piece of paper. Good luck stacking up your paper :)
..and this guy is qualified to comment on gold & silver for what reason? Oh yeah, right.....YouTube. And this guy says he has a family. God help them.
Ron Paul has been declaring since 1971 that using gold and silver (as the U.S. Constitution states in Article I, Section 10) is the only sound currency. We are now seeing this more than ever as our Federal Reserve System currency continues to lose its value compared to the gold and silver it once contained. Currently it has lost 95% of its value.
Do you know how many people waste money? Even those who say they don't. Every time you buy something unnecessary is a waste. if you got 10 pair of sneakers and you guy purchase another 2 for $100, if you didn't NEED it, it's a WASTE. It's a want not a need, a new flat screen, Dvd player, game systems, new Dr Dre beats head phones, Ipods, Ipads, Gucci bags, Prada bags whatever. If you can buy this crap you can buy real thing that will help your life. Some people waste a $500-$2000 a month.
You;d be insane NOT to get gold and silver at all and not consider it because you think it's suppose to benefit you now, no. This is an investment process, you have to be mature about this. The only people Silver and gold are "useless" to are those who cannot afford it at all, and still it isn't like it's expensive. Instead of buying a damn Ipad for $500-$800, you cold buy some oz of gold for way less and have it gain way more later, this is ridiculous type of logic to say it's a waste.
@Shadowlooker12 I agree with you, I bought gold and silver for my retirement, at least I know that it will keep its value. I was lucky that I bought it when it was at € 1082,- oz in may last year. So my gold has gained a lot in value and what lousy interest does one get if one deposits it in the bank.
If you are a billionaire with only american currency, and the dollar falls, how much do you have? $0.00, BUT if you were a guy with $25,000 in Gold after 10 years of a little saving and still maintaining your life with the current money in this case Us dollars, when the dollar falls, you are still secured in other places around the world, you're not broke like the millionaire with no commodities at all. A man spent $200+ dollars on 16 oz of silver a few years ago, NOW it's worth $600+
Gold and silver has always been THE MONEY of earth, precious metals and materials/commodities only the earth can make keeps people from getting too much of a hold on it. If you discourage or try to prevent anyone from getting gold and silver or anything that has absolute value and not just abstract value that can just fall whenever, that's very disingenuous. Gold and silver are not to be used now or to make you rich(although it could) it is to secure you financially without repercussion.
I have had people come to my house and quote for work at three to four times the real cost based on the value of my home that they zillow to see what money i have based on my lifestyle.
I now ask for a quote on the phone for my town and let then do it based on measurements so they dont quote $27k for a $7k deck
When you have $50k the world wants it...your bank tells all those companies about you and you get junk mail by the ton, and those bills you thought were done with seem to flow twice as quick, repairs cost twice as much and the government seem to get mighty quick at wanting their slice...when people know you have money they get it as quick as possible
@BusyBeeCompany I see your point, but I don't use banks. No one would know except the guy I sold it too. I really plan on using silver if the currency fails, so it's just a back up plan. Also, I'm sure it won't go much lower than it is now, and if it does, I will just wait it out. Therefore, I plan on using my silver investment as a small time savings account.
you are disgrace to Asians and Asian Americans, most Asians know precious metals are real money than paper or digital throughout history. You sir a retard think he knows alot but still fails. Gold has been money before many civilizations and of course they drop in prices but goes back to inclining patterns. Paper dollar worshipers, you are a fool.
Failed ECON 101??...Gold is NOT a waste of time. A good investor observes that the"Smart Money"...(i.e. the wealthy) right now are buying up commodity assets, such as farm land, water, oil, gold, silver, copper, and food and crop related products, such as cotton,coffee, corn, etc.
Bet you're feeling pretty stupid since gold and silver have done better in the last 10 years than any stock, real estate, hedge fund etc. And that's with price suppression--imagine when they loose that ability and it won't be much longer.
@goldengyrl2010 do you actully have gold and silver becuase my country has had a few scandals over gold in recent weeks with mugs with not much money that have gold from there grandparents selling it and getting ripped off,,,be careful who you belive bob chapman made his money somehow i wonder how just saying think about it and mr solomon he sounds like a gangster to me he just dont look like one
This guy is right.... Gold and silver are a waste of time. In fact, I have established a free service where I will dispose of all your gold and silver. Just mail it to me. COD, at no cost to you and I will make sure that all of your gold and silver is properly disposed of so you won't waste any more of your time. Thank you. This has been a public service announcement.
This is a joke, he talks about the most important thing being "to earn money", what will all that money be worth in the future? He then talks about being the most important person in the company "so as to keep your job". Now how are you going to keep your job if the company fails due to the crisis? Save more money "so that you lose more when it becomes worthless ha ha". This guy hasn´t got a clue!
@ger1ist He totally misses the point of why people want to invest in Gold and silver recently. has nothing to do with changing your life, it's for security. And it's a no fail situation if you do it right, if no crisis occurs in your lifetime you would have secured your future generations,children,grand children and so on. All you have to do is not waste money, but get as much as you can while maintaining a balance for the time being, don't throw your life savings at Gold and silver.
gold & silver is the least time consuming of all wealth. It takes the least space & has zero maintenance cost. They never crash & go out of business like corporations bankrupting share holders. even if prices fall they always come back.
Every dollar bill is loosing value by the minute! If you want to save something, save canned foods and any other food that can be stored for at least 6 months and buy a gun. We are going to be faced with the problem of how to satisfy our most basic needs which includes water. There are going to be some very desperate people doing whatever they see as necessary to feed themselves and their children. You need to wake people up to how bad things really are.
I was a goldbug before the GFC and profited quite nicely from the spike in gold and silver, at least on paper. But here's the thing - if you NEVER sell your gold or silver, then what you hold is WORTHLESS. Any profits you make is only on paper. I'm now sitting on a fuctkton of precious metals doing nothing with it. Goldbugs = parasites.
Watch the video of Ron Paul asking Bernanke's opinion if gold is real money. Bernanke literally pauses and lies despite admitting that central banks carry gold reserves.
You may not need silver or gold, but you could at least invest in a better microphone. It sounds like there is a hair dryer on full blast in the background.
What could be a better investment of time then to spend an hour to buy gold and silver to make a 30% gain ?? SAVE?? for what ?? short term liquidation cash is advisable BUT saving to be saving is not wise . you need to stick to the topic @ hand !!! jobs and conspiracy theories ?? This video is a ramblings of a person with very little thought and prep ! maybe spending time to edit the video before you post it might be time well spent
10 years ago Gold was about ~$250. It's right now close to $1600 and hit close to $2000 in 2011. Silver was ~$5 and right now it's ~$28 with a high of ~$45 in mid-2011.
If you bought gold 5-10 years ago, you'd have a lot more money now. But why stop there? Hell, let's say you were around in the 1970s when Nixon traitorously removed the gold standard and you started to hoard gold then when it was 'cheap'. You could be rich even now.
You're a waste of time. Lead is the 3rd important metal.
@FortitudeOfHeaven And the U.S back then was still in debt and the housing market was on a huge bubble. Gold/silver should of been priced as high back then. However, today's high prices is just supply and demand. The real value in the metal really lies in the fact that you can't create a new supply or print it out like paper money. Paper money is just a sham. It's value lies in blind trust.
Life is waist of time then! Dollar is waist of time, real estate is waist of time. Yeah silver is waist of time but hell what is not. Silver has increased like no other bet if this guy had some 15bucks he would not spewing this crap.
@johnnykaos313 Toyota has these little problems called sudden acceleration, failed steering linkage and failing brakes. Toyota hid their quality problems for years and now while the American and European automakers are having record sales Toyota sales are down 17% for the year. Honda sales are way down too. Japan is kinda a nasty little country anyways so it's good news.
lol u did research and studying? LMAO u are one dumb asian, i thought asians are smart, i guess u are the exception. I guess you dont know how money actually works, "its based on precious metals" and not based on paper... But its cool, you know everything, good luck being broke when everything crashes.
Dude, why keep fiat money when it has a debt on it that can NEVER be paid back. Which in turn means more loans with more interest to pay off the debt. Rinse and repeat and you will see that it (being fiat money i.e. "the dollar") will be worthless in time. You can not create gold/silver out of thin air like they (the federal reserve) do with money. That's why gold/silver will do nothing but go up. RON PAUL 2012
You are an idiot. If you have $10,000 in fiat currency and you want to protect its current value, precious metals are an excellent way to do it. Their prices fluctuate, but they NEVER go to zero like stocks or fiat currency can and do. You can still save yourself some embarrassment by taking this video down now.
Gold and silver are not ment to be used like stocks. They are for what is comming. The end of the dollar. What does G.Soros have his money in?? 11 tons of gold! What do the Rothchilds have that they made the world banks with??? Gold! Ill go with what Gerald Celente has to say the 3 Gold guns and a getaway plan!!!!
what a joke buy the shit out of silver and gold this guy is a idiot silver and gold will change your life one day the price will skyrocket and you will wise you would have invested
Well, the reality is gold and silver have always been true money and will continue to be true money until money no longer matters. Our world systems are corrupted and morally weak. GET YOUR WEALTH OUT OF WORTHLESS MATERIALS LIKE PAPER! Buy yourself 1-3 months of food, including water/water purifying tablets, medical supplies building materials and automotive supplies. Then get out of debt if you can, do it ASAP and if you have money left over, put 50% of it into physical precious metals.
Saving a little bit of money in gold or silver will not make a difference to our life but if we invest instead in your business op we CAN change our life. You can avoid job loss if you are just a better employee than your coworkers. If you are not wealthy already you just have not saved enough. Gold and silver investors are such loosers! What tripe! My life has already changed as a silver and gold investor.
The goal with investing in gold and silver is not to change your life. The goal is to maintain your life when the bottom falls out of the dollar; and mark my words: the bottom WILL fall out of the dollar.
@TheRaleighRocket Agreed. The days of the dollar are numbered. When OPEC finally decides to stop selling oil in dollars, that will be the final straw that breaks the dollar's back. Countries around the world will no longer need to keep buying and hording dollars in order to buy petroleum.
@TheRaleighRocket when china cashess in all the us dollers it has for chiness currency, the us doller will bottom out, they won't do that intill us is out of debt! so it is a long way off yet. business will boom from 2012 to 2014 then, 'just mabe', the us dollers will be cashed in.
my god this dumbass is about as sharp as a bowling ball..................buy buy buy...silver an gold has been used as money since the start of civilization an it always will be an also silver is a industrial metal an silver is now more rare than gold...its only a matter of short time b4 the price will reflect how rare silver is becoming...so BUY BUY AN BUY MORE
unfortunately most ppl or uninformed or maybe he is one of the elite that rather hoard the information as not to have competition the more ppl who are informed become stiff competition and the some of the elite dont want you to know that information!
@wildmetalman what make you thinks he has any if he sayed it is a waste of time. silver aint gonbna be noting. whats it now $30 a oz. it will continue to fall more.
Investing in gold and silver isn't about gaining massive increases. It is about insuring yourself against a potential crash in the dollar or massive inflation (in which case you would have massive increases). History shows that gold and silver are a safe investment because the value stays very stable or climbs. The dollar, on the other hand, is a massive risk. Also, large investments in gold and silver don't need to be made to insure yourself. Smaller multi-thousand dollar investments are fine.
This guy was right 20 years ago hey times changed big time everything changed. Whole world is messed up and in hole. No you will not need guns only stock up with right food you will need and protect some assets with precious metals. Heck even 10oz silver is start. Stock market is waist of time
Nobody has any real answers re: the origin of the Universe or the origin / development of Life & what we as Humans are supposed to be trying to achieve.
Hop on the Treadmill, avoid thinking & get busy like the majority ? Compete with fellow Humans & fight to continue what nobody understands ? Sure - why not?
Growby10 why dont you do research on FIAT money and the history of it... It ALWAYS fails, AGAIN and AGAIN throughout the ages. Gold and Silver have been real money for over 5000 years.
The points he makes are sound. He specifically say that studying the ups and downs of gold and silver are a waste of time for some people, meaning that those people putting in a disproportionate of time trying to make some money with PM appreciation may well be better off investing their time in developing themselves, either through starting a small business or otherwise. He also clearly states that protecting your wealth is a good idea. I'm not sure why so many people dismiss his ideas.
Stupid point. Yeah sure, you may try all you want to be the best person in your "company" but in this "f'ed up" economy, most companies are taking heavy losses and cannot afford to promote. What if you're not in the corporate world? What if you're making less than the average national income? What if flipping patties is your ambition? Don't know a single job out there that is 100% secured. Buy gold people. It's your lifeline if anything goes wrong-better to be safe than sorry.
He's got a point. I have been collecting gold and silver but we do need to focus on the matters at hand today. Will we spend all of our whole lives buying gold and silver and spending all day watching the prices.
@Pragmaticalised Who watches the prices all day? There's no need, unless you're selling short., and what's the point to anyway? Gold isn't an investment anyway, it's a hedge for inflation... any person that buys gold for the purpose of making profit hasn't understood what the real purpose of holding gold is.
The point he is trying to make is simple. Enjoy learning about what ever it is you like to do. But you need to be your own book keeper and keep decent track and value your time accordingly. If I spent 3 hours a day looking and studying articles it would be for a loss as appose to if i worked a part time job and made the extra money. Look at the big picture but still enjoy your time. Time is money. How much would you pay to get time back?
I'm glad I'm not in the US anymore. But if I was there, I'd go all into Agriculture. The most secure job with tons of upside when inflation kicks in. This kind of knowledge you earn and keep. I'd use my money to accumulate gold and silver, which I'm sure will appreciate in dollar terms, but not significantly in purchasing power. But I can use this to perhaps fund my own business or use it as collateral to get a low-interest loan to do so. This country was built on farming, it's an honest job
It's not the price of wealth that counts, as illustrated by my point above. What counts is not storing the resultant effort of one's labor as money, which is manipulated by corrupt government individuals and other greedy control-freaks who manipulate the lives of others by inflating the supply of money and thereby eroding its purchasing power. If we all stop using imaginary ideas for money so it cannot be manipulated then what casts the shadow can then be seen.
You are a waste of life. Here's what I did: I opened a business, got a 10,000 line of credit and a $5,000 credit card, I maxed them out and $30,000 in personal credit cards on buying silver rounds and bars, now I'm going to file for bankruptcy. Fuck them and with all due respect, fuck you.
A worker here makes 12-15 an hr plus benefits, retirement etc and a person in china or latin america will work very hard for just 2 bucks a day, no benefits, nothing. Imbalances like this can not go forever so its time to prepare for the storm.
totally, yeah guys lets not waste time in silver sell it all to him. and yeah lets all go back to school to get in debt and earn a piece of paper for that great job market.
Truth is there has been great wage and economic imbalances the last decade or two and they have to resolve themselves. The only way probably to protect ur self is to be in metals or other physical assets. This re-balancing is liable to sweep a whole lot of us if were not prepared. And its coming-
I think this guy is right. Nothing wrong with being conservative and dont be too risky in this market. The guy isnt saying hes against investing altogether, just to be careful not to let it take up all of your time, there are other things, and play safe.
Lo this guy is hilarious. He just wasted six minutes of his life spreading ignorance on youtube. If he spent a few hours studying history and the economics of real money he would realize how much shit just came out of his mouth. I hope no one actually paid attention to him, imagine the damage he could do to people who actually took him serious and never bothered with learning about precious metals and investments, and instead concentrated their efforts on just slaving over worthless paper.
Well, when your fiat currency goes to "0", the metals will still be worth money. Its not about how much its going up, its about the US currency, going into hyper inflation. So be prepared. Stock up on canned goods, water filtration systems, and metals. But he has one point, do the best you can at what you do, but also buy metals, and be prepared for the future. Good luck.
The person that made this video is a total IDIOT. The goal for buying GOLD and SILVER is not to make money. Its to have the "REAL MONEY" which is gold and silver because it has real INTRINSIC VALUE. Paper money has no value. So to have real hard real pysical gold and silver when the economy collapses is a good thing, cause that will be the only thing u will be able to trade, plus when the antichrist comes to the eath to destroy, u will have it too. Praise jesus who is GOD and the lord ofuniverse
@FOT2010 He must be a stock broker. They won't recommend PMs no matter what. They are the most selfish type that I have known in my life. He can keep his stocks, bonds and other paper. I own no paper and never will. I get the satisfaction of denying him any commissions from me anyway.
You need to study austrian economics. If you work hard and save US dollars, you are wasting your time, because the fruits of your labor are being diminished by the federal reserve. Do you really think it is wise to earn 0.25% interest? You asked if making only 30% can change my life, well yes. I'm not cutting back on necessities.
What a clownish dumbass the author of this video is!!!!
We are looking at a future pan-handler here. LOL.
Seriously, with an ugly face, a lousy voice, and a ton of mindless BS, the author will be well-advised to stay off Youtube, considering how dumb Miss USA's get ridiculed across the country. (But at least Miss USA's have something else for us to look at.)
its not a waste of time.Its protecting your wealth.Many wealthy ppl hold atleast 1/3 of their
wealth in gold.
poortaiwanese 10 hours ago
It's called hedging against currency inflation, it doesn't necessarily mean your life will change, or you'll become rich.
elplaga45 14 hours ago
dude in an economic colapse these rare metals will be better for bargaining plus its like a hobby so stop being a bumb people do what they want!
Alberto60717010 3 days ago
chinks in the house!!
thiscreepingmalaise 4 days ago
@thiscreepingmalaise He is a korean.
poortaiwanese 10 hours ago
tell yer mom to turn off the vacuum cleaner
thiscreepingmalaise 4 days ago
He is going to be really pissed when one day silver will hit $100 dollars an ounce
Schwarze999 5 days ago
This guy actually makes a lot of sense and I agree with him.
daobesebeast 6 days ago
@daobesebeast fat and stupid? yeah
thiscreepingmalaise 4 days ago
click on my channel and make some extra cash its LEGIT real money to be made here. Avoid scams like most of these work from home jobs. earn $5 just for joining check it out.get paid to veiw ads get paid for surfing the internet get paid for surveys get paid for reading emails get paid for posting blogs get paid for reffering get paid for doing offers and much much more 2 many 2 list the system does it all! the best thing its free! the real deal is here.click on my channel thank you
3zmoney 1 week ago
This guy is just frustrated and wants others to feel about it. I do agree that the field is incredibly challenging and that not everyone is expected to succeed at it. Those who will fail are better off doing something else.
ATB10101 1 week ago
And why the HELL would I listen to this guy? HE LOOKS POOR AS SHIT!!!
MrTokyoUbaYokai 1 week ago
Do you do what you say?
Throughout my life, I've come to conclude that NEVER trust anything CHINA
TMike293 2 weeks ago
Very good points
johnnieace45 2 weeks ago
This has been flagged as spam show
K guys you have to forget all these fools trying to sell you bull. Start making the money like the bigboys.
theonlywaytobemakingmoneyonline.ws
TheRockerLives 2 weeks ago
Gentlemen, The first thing that you all need to realize is that this man is from Red China.
He is a communist. Do you really think he believes in what he is telling you?
Think about it....
rasmann36 2 weeks ago 2
1. Click on video
2. Stop video
3. read comments
4. Realize the person in the video is an idiot.
5. Leave neg.
6. Leave
genenco1 2 weeks ago
Well, some of what you're saying is true but I don't agree with silver and gold being a waste. You're saying if you only make x amount from 10,000 worth of gold it's not enough to be worth it. Well, the question is what would you make from the stock market during that same period of time with the same amount of money. Probably less. Personally, I think the best thing is to follow the money. Wherever it is. Precious metals are all high ATM.. Not a good time to buy it. Buy low. Sell high.
Thrillcekr 2 weeks ago
I hope you have a shit ton of paper currency saved and when the dollar crashes you end up living in the streets...
thevideovlogger 2 weeks ago
I stopped listening after you 1:05.
I sincerely hope you have educated yourself over the last 2 years since you made this video.
surfacing88 3 weeks ago
It's pretty obvious this guy doesn't know what he's talking about. Gold, Platinum, Palladium and Silver are the ONLY world currency that counts. Your $5 dollar bill only has a value because you were told it has value but the reality of it is that it's only a piece of paper. Good luck stacking up your paper :)
Radmann916 4 weeks ago
lets use logic, lets store up fiat dollars which are crashing soon or store up gold and silver which has been a constant for over 5000 years
this vid is a huge fail
strongtower0914 4 weeks ago 2
..and this guy is qualified to comment on gold & silver for what reason? Oh yeah, right.....YouTube. And this guy says he has a family. God help them.
SilverRevolution1 1 month ago
This has been flagged as spam show
Ron Paul has been declaring since 1971 that using gold and silver (as the U.S. Constitution states in Article I, Section 10) is the only sound currency. We are now seeing this more than ever as our Federal Reserve System currency continues to lose its value compared to the gold and silver it once contained. Currently it has lost 95% of its value.
SilverNowPeople 1 month ago
no.it is not. china is growing their reserves of gold
ciceromatrix 1 month ago
Do you know how many people waste money? Even those who say they don't. Every time you buy something unnecessary is a waste. if you got 10 pair of sneakers and you guy purchase another 2 for $100, if you didn't NEED it, it's a WASTE. It's a want not a need, a new flat screen, Dvd player, game systems, new Dr Dre beats head phones, Ipods, Ipads, Gucci bags, Prada bags whatever. If you can buy this crap you can buy real thing that will help your life. Some people waste a $500-$2000 a month.
Shadowlooker12 1 month ago
You;d be insane NOT to get gold and silver at all and not consider it because you think it's suppose to benefit you now, no. This is an investment process, you have to be mature about this. The only people Silver and gold are "useless" to are those who cannot afford it at all, and still it isn't like it's expensive. Instead of buying a damn Ipad for $500-$800, you cold buy some oz of gold for way less and have it gain way more later, this is ridiculous type of logic to say it's a waste.
Shadowlooker12 1 month ago
@Shadowlooker12 I agree with you, I bought gold and silver for my retirement, at least I know that it will keep its value. I was lucky that I bought it when it was at € 1082,- oz in may last year. So my gold has gained a lot in value and what lousy interest does one get if one deposits it in the bank.
ger1ist 1 month ago
If you are a billionaire with only american currency, and the dollar falls, how much do you have? $0.00, BUT if you were a guy with $25,000 in Gold after 10 years of a little saving and still maintaining your life with the current money in this case Us dollars, when the dollar falls, you are still secured in other places around the world, you're not broke like the millionaire with no commodities at all. A man spent $200+ dollars on 16 oz of silver a few years ago, NOW it's worth $600+
Shadowlooker12 1 month ago
Gold and silver has always been THE MONEY of earth, precious metals and materials/commodities only the earth can make keeps people from getting too much of a hold on it. If you discourage or try to prevent anyone from getting gold and silver or anything that has absolute value and not just abstract value that can just fall whenever, that's very disingenuous. Gold and silver are not to be used now or to make you rich(although it could) it is to secure you financially without repercussion.
Shadowlooker12 1 month ago
i thought Asians were supposed to be smart?
shano4241 1 month ago
"Make sure you're one of the top people at your job" -- Is your job bullshitting?
robertmathenia 1 month ago
I have had people come to my house and quote for work at three to four times the real cost based on the value of my home that they zillow to see what money i have based on my lifestyle.
I now ask for a quote on the phone for my town and let then do it based on measurements so they dont quote $27k for a $7k deck
BusyBeeCompany 1 month ago
I'm not well off, so yeah 50,000 would change my life.
krullking 1 month ago
@krullking
When you have $50k the world wants it...your bank tells all those companies about you and you get junk mail by the ton, and those bills you thought were done with seem to flow twice as quick, repairs cost twice as much and the government seem to get mighty quick at wanting their slice...when people know you have money they get it as quick as possible
BusyBeeCompany 1 month ago
@BusyBeeCompany I see your point, but I don't use banks. No one would know except the guy I sold it too. I really plan on using silver if the currency fails, so it's just a back up plan. Also, I'm sure it won't go much lower than it is now, and if it does, I will just wait it out. Therefore, I plan on using my silver investment as a small time savings account.
krullking 1 month ago
you are disgrace to Asians and Asian Americans, most Asians know precious metals are real money than paper or digital throughout history. You sir a retard think he knows alot but still fails. Gold has been money before many civilizations and of course they drop in prices but goes back to inclining patterns. Paper dollar worshipers, you are a fool.
anothaview 1 month ago
Maybe it would not change your life.
But an overnight hyperinflation most certainly will do.Gold is just an insurance in the event that that happens.
rxantos 1 month ago
lol wow this guy is a moron....everyone knows the dollar is going under and silver/gold are hedges against it
Teglove2 1 month ago
I hope the "Regular Joe" does not listen to your Propaganda! Kim Jong il from the grave wants his Bitch Back!
imgottie 1 month ago
Rice.
ttrompeter11 1 month ago
Failed ECON 101??...Gold is NOT a waste of time. A good investor observes that the"Smart Money"...(i.e. the wealthy) right now are buying up commodity assets, such as farm land, water, oil, gold, silver, copper, and food and crop related products, such as cotton,coffee, corn, etc.
Archangel0804 1 month ago
stop picking on this guy he dont look that bad actully he looks a push over and a true good bloke just leave him alone ok
markjoachen 1 month ago
zzzzzzzzzzzzzzzzzzzzzzzzzzzz
brianmenendez 1 month ago
booooo
dallasinnyc 1 month ago
Bet you're feeling pretty stupid since gold and silver have done better in the last 10 years than any stock, real estate, hedge fund etc. And that's with price suppression--imagine when they loose that ability and it won't be much longer.
goldengyrl2010 1 month ago
@goldengyrl2010 do you actully have gold and silver becuase my country has had a few scandals over gold in recent weeks with mugs with not much money that have gold from there grandparents selling it and getting ripped off,,,be careful who you belive bob chapman made his money somehow i wonder how just saying think about it and mr solomon he sounds like a gangster to me he just dont look like one
markjoachen 1 month ago
This guy is right.... Gold and silver are a waste of time. In fact, I have established a free service where I will dispose of all your gold and silver. Just mail it to me. COD, at no cost to you and I will make sure that all of your gold and silver is properly disposed of so you won't waste any more of your time. Thank you. This has been a public service announcement.
BourneAccident 1 month ago
@BourneAccident I'll come pick it up from you at absolutely to cost.
goldengyrl2010 1 month ago
@goldengyrl2010 - No no no.... the idea is that I will take all your worthless gold and silver off your hands.... as a free public service of course!
BourneAccident 1 month ago
if i had bought gold 4 years aga the money i have would not loose half of its purchasing power... this is a waste of money not time mate!
gatheringwithin 1 month ago
This is a joke, he talks about the most important thing being "to earn money", what will all that money be worth in the future? He then talks about being the most important person in the company "so as to keep your job". Now how are you going to keep your job if the company fails due to the crisis? Save more money "so that you lose more when it becomes worthless ha ha". This guy hasn´t got a clue!
ger1ist 1 month ago
@ger1ist He totally misses the point of why people want to invest in Gold and silver recently. has nothing to do with changing your life, it's for security. And it's a no fail situation if you do it right, if no crisis occurs in your lifetime you would have secured your future generations,children,grand children and so on. All you have to do is not waste money, but get as much as you can while maintaining a balance for the time being, don't throw your life savings at Gold and silver.
Shadowlooker12 1 month ago
gold & silver is the least time consuming of all wealth. It takes the least space & has zero maintenance cost. They never crash & go out of business like corporations bankrupting share holders. even if prices fall they always come back.
nayanmalig 1 month ago
100 years from now Gold and Silver will still be money. Doesn't look like I'll be able to say the same for the dollar.
Blackgam3r 1 month ago
Your perspective is SHIT!!!!!!!
tullyman82 1 month ago 2
I just sit by the river all day and put dirt in my sluice box, and make 400 a day. I enjoy sleeping in my car, and never having to deal with idiocy
caessarion 1 month ago
Every dollar bill is loosing value by the minute! If you want to save something, save canned foods and any other food that can be stored for at least 6 months and buy a gun. We are going to be faced with the problem of how to satisfy our most basic needs which includes water. There are going to be some very desperate people doing whatever they see as necessary to feed themselves and their children. You need to wake people up to how bad things really are.
lafleurplumeria 1 month ago
spend one minute stacking them up real nice then you have the rest of the day to yourself, no? LOL
ACIMpsychology 2 months ago
I was a goldbug before the GFC and profited quite nicely from the spike in gold and silver, at least on paper. But here's the thing - if you NEVER sell your gold or silver, then what you hold is WORTHLESS. Any profits you make is only on paper. I'm now sitting on a fuctkton of precious metals doing nothing with it. Goldbugs = parasites.
MrDrogosan 2 months ago
Oh, this guy believes the dollar is forever. LOL
Not worth listening to.
VotePaineJefferson 2 months ago
watching this video is a waste of time!
nsakic 2 months ago
Watch the video of Ron Paul asking Bernanke's opinion if gold is real money. Bernanke literally pauses and lies despite admitting that central banks carry gold reserves.
zzap999 2 months ago
you try to fuck on meeee!!!
copenhagenmarine808 2 months ago
whatever drugs he's on is some good sh...it, obviously its helped him to enter the gone zone. he's right u should invest in weed and ganja!!!
toofanibreeze 2 months ago
You may not need silver or gold, but you could at least invest in a better microphone. It sounds like there is a hair dryer on full blast in the background.
I cannot take you seriously.
FuriousFreeze 2 months ago
What could be a better investment of time then to spend an hour to buy gold and silver to make a 30% gain ?? SAVE?? for what ?? short term liquidation cash is advisable BUT saving to be saving is not wise . you need to stick to the topic @ hand !!! jobs and conspiracy theories ?? This video is a ramblings of a person with very little thought and prep ! maybe spending time to edit the video before you post it might be time well spent
1100tech 2 months ago
10 years ago Gold was about ~$250. It's right now close to $1600 and hit close to $2000 in 2011. Silver was ~$5 and right now it's ~$28 with a high of ~$45 in mid-2011.
If you bought gold 5-10 years ago, you'd have a lot more money now. But why stop there? Hell, let's say you were around in the 1970s when Nixon traitorously removed the gold standard and you started to hoard gold then when it was 'cheap'. You could be rich even now.
You're a waste of time. Lead is the 3rd important metal.
FortitudeOfHeaven 2 months ago
@FortitudeOfHeaven And the U.S back then was still in debt and the housing market was on a huge bubble. Gold/silver should of been priced as high back then. However, today's high prices is just supply and demand. The real value in the metal really lies in the fact that you can't create a new supply or print it out like paper money. Paper money is just a sham. It's value lies in blind trust.
zzap999 2 months ago
Well sir, I guess you'll have more than enough toilet paper when this thing collapses!
xTheHampster 2 months ago
Life is waist of time then! Dollar is waist of time, real estate is waist of time. Yeah silver is waist of time but hell what is not. Silver has increased like no other bet if this guy had some 15bucks he would not spewing this crap.
superhawkn 2 months ago
dont buy silver buy a toyota ^_^
johnnykaos313 2 months ago
@johnnykaos313 Toyota has these little problems called sudden acceleration, failed steering linkage and failing brakes. Toyota hid their quality problems for years and now while the American and European automakers are having record sales Toyota sales are down 17% for the year. Honda sales are way down too. Japan is kinda a nasty little country anyways so it's good news.
Toyota = unsafe at any speed!
CrazyChitTV 2 months ago
30% up is better than 30% down
johnnykaos313 2 months ago
lol u did research and studying? LMAO u are one dumb asian, i thought asians are smart, i guess u are the exception. I guess you dont know how money actually works, "its based on precious metals" and not based on paper... But its cool, you know everything, good luck being broke when everything crashes.
comrade86 2 months ago
Watching this video is a WASTE OF YOUR TIME!!!!!
torkjoy1 2 months ago
You should delete your page.
markreginald 2 months ago
Why is anyone taking this Chinese spy seriously is beyond me.
TurboRonin83 2 months ago
This has been flagged as spam show
Dude, why keep fiat money when it has a debt on it that can NEVER be paid back. Which in turn means more loans with more interest to pay off the debt. Rinse and repeat and you will see that it (being fiat money i.e. "the dollar") will be worthless in time. You can not create gold/silver out of thin air like they (the federal reserve) do with money. That's why gold/silver will do nothing but go up. RON PAUL 2012
STRIKERZ3R0 2 months ago
Comment removed
STRIKERZ3R0 2 months ago
What an idiot you should learn before you post videos, your a complete fool. RON PAUL 2012
matteo132000 2 months ago
You are an idiot. If you have $10,000 in fiat currency and you want to protect its current value, precious metals are an excellent way to do it. Their prices fluctuate, but they NEVER go to zero like stocks or fiat currency can and do. You can still save yourself some embarrassment by taking this video down now.
ShockL0ver 2 months ago
@ShockL0ver That was well said!!!!
ger1ist 1 month ago
Silver and gold is fun!
superhawkn 2 months ago
You are a FUCKING MORON, BUDDY!!! :)
skabenga101 2 months ago
Watching this channel is definitely a waste of your time.
TWSceptic 2 months ago
I am sorry you are not very informed about the state of the affair. US dollar is THE RISK........
zeistermeist 2 months ago
Gold and silver are not ment to be used like stocks. They are for what is comming. The end of the dollar. What does G.Soros have his money in?? 11 tons of gold! What do the Rothchilds have that they made the world banks with??? Gold! Ill go with what Gerald Celente has to say the 3 Gold guns and a getaway plan!!!!
collo121 2 months ago
what a joke buy the shit out of silver and gold this guy is a idiot silver and gold will change your life one day the price will skyrocket and you will wise you would have invested
Flashtone08 2 months ago
Well, the reality is gold and silver have always been true money and will continue to be true money until money no longer matters. Our world systems are corrupted and morally weak. GET YOUR WEALTH OUT OF WORTHLESS MATERIALS LIKE PAPER! Buy yourself 1-3 months of food, including water/water purifying tablets, medical supplies building materials and automotive supplies. Then get out of debt if you can, do it ASAP and if you have money left over, put 50% of it into physical precious metals.
miketonon 2 months ago
@miketonon finally somebody who knows what he is talking about!!!!!
ger1ist 1 month ago
FRAUD!!!
Dave23788 2 months ago
Saving a little bit of money in gold or silver will not make a difference to our life but if we invest instead in your business op we CAN change our life. You can avoid job loss if you are just a better employee than your coworkers. If you are not wealthy already you just have not saved enough. Gold and silver investors are such loosers! What tripe! My life has already changed as a silver and gold investor.
rangergord1000 2 months ago
This has been flagged as spam show
Stop wasting time on youtube and get a job so you can buy some :)
ashwadhwani 2 months ago
The goal with investing in gold and silver is not to change your life. The goal is to maintain your life when the bottom falls out of the dollar; and mark my words: the bottom WILL fall out of the dollar.
TheRaleighRocket 2 months ago 34
@TheRaleighRocket Agreed. The days of the dollar are numbered. When OPEC finally decides to stop selling oil in dollars, that will be the final straw that breaks the dollar's back. Countries around the world will no longer need to keep buying and hording dollars in order to buy petroleum.
josephc28 2 months ago
@TheRaleighRocket when china cashess in all the us dollers it has for chiness currency, the us doller will bottom out, they won't do that intill us is out of debt! so it is a long way off yet. business will boom from 2012 to 2014 then, 'just mabe', the us dollers will be cashed in.
adrianwillis360 1 month ago
my god this dumbass is about as sharp as a bowling ball..................buy buy buy...silver an gold has been used as money since the start of civilization an it always will be an also silver is a industrial metal an silver is now more rare than gold...its only a matter of short time b4 the price will reflect how rare silver is becoming...so BUY BUY AN BUY MORE
PAprepper1 2 months ago
growby10 is an asshole
jaggafeen 3 months ago
thank you for every one that wrote back on my comment
Migueliphone3gs 3 months ago
The only thing that will shut this guy up is an arrow to the knee
xxkramerxx 3 months ago
Idiot
snowmobileracer69 3 months ago
fuckin triad. go buy silver
djwizard2010 3 months ago
@djwizard2010 hahahahaha
xxkramerxx 3 months ago
unfortunately most ppl or uninformed or maybe he is one of the elite that rather hoard the information as not to have competition the more ppl who are informed become stiff competition and the some of the elite dont want you to know that information!
MLPeebles27 3 months ago
What a dumbass. I feel sorry for this guys family.
djherich 3 months ago
ur a fucking idiot! tell u what u leave the gold n silver 4 me!
wildmetalman 3 months ago
@wildmetalman what make you thinks he has any if he sayed it is a waste of time. silver aint gonbna be noting. whats it now $30 a oz. it will continue to fall more.
gringosmasher1 3 months ago
cant harly hear this mo fo
mysticker11 3 months ago
@mysticker11 Don't worry, he's talking shit anyway.
55LanceBriggs 3 months ago
Investing in gold and silver isn't about gaining massive increases. It is about insuring yourself against a potential crash in the dollar or massive inflation (in which case you would have massive increases). History shows that gold and silver are a safe investment because the value stays very stable or climbs. The dollar, on the other hand, is a massive risk. Also, large investments in gold and silver don't need to be made to insure yourself. Smaller multi-thousand dollar investments are fine.
jonnynite 3 months ago
COME BACK IN A FEW YEARS TIME AND TELL ME BUYING SILVER WAS A WASTE OF TIME !!!!!!!!!!! NOOB.
hexstaticleon 3 months ago
@hexstaticleon i will tell u now gringo when the silver becomes worfhless, all u greedy pigs gonna cry like a bitch
gringosmasher1 3 months ago
What a dumb shit! Shut the fuck up Chang.
youkeith805 3 months ago
This guy needs to be worried about losing his great job and learning how to invest!!!
what a fucking stupid zipperhead!!!
chukknorrris 3 months ago
This guyis a waste of time
TheSocrates04 3 months ago 15
He's a gook, of course he doesn't want you to invest wisley.
cheekstc 3 months ago
Your first point about the job is very good advice, and the side income! However, I would put the savings in metals, not cash.
MrApplewine 3 months ago
THIS KIM JUNG IL GUY WILL ONLY INVEST IN FOOD .
marcemuzic 4 months ago
sir, YOUR WASTING YOUR TIME AND YOUR VOICE
DELETE THIS PIECE OF SHIT PLZ!
JPMorganSuckBalls 4 months ago
kim jong-il speaks english?
Takeokoro 4 months ago
You have no clue what you are talking about. Sorry, a bunch of male bovine feces.
judithnarz 4 months ago
you speak as if u are above everyone else and highly nobel, but the jokes is on you as time will tell
anothaview 4 months ago
your a retard
RJAE100 4 months ago
This guy was right 20 years ago hey times changed big time everything changed. Whole world is messed up and in hole. No you will not need guns only stock up with right food you will need and protect some assets with precious metals. Heck even 10oz silver is start. Stock market is waist of time
superhawkn 4 months ago
Life is a waste of time.
Nobody has any real answers re: the origin of the Universe or the origin / development of Life & what we as Humans are supposed to be trying to achieve.
Hop on the Treadmill, avoid thinking & get busy like the majority ? Compete with fellow Humans & fight to continue what nobody understands ? Sure - why not?
PhilbyDorro 4 months ago
Growby10 why dont you do research on FIAT money and the history of it... It ALWAYS fails, AGAIN and AGAIN throughout the ages. Gold and Silver have been real money for over 5000 years.
michcool1012 4 months ago
are you serious? really???
zurriagazo71 4 months ago
I think most just buy a core position as insurance and go about their business .... but 99% of US residents dont own PM's .
33commonsenseguy 4 months ago
The points he makes are sound. He specifically say that studying the ups and downs of gold and silver are a waste of time for some people, meaning that those people putting in a disproportionate of time trying to make some money with PM appreciation may well be better off investing their time in developing themselves, either through starting a small business or otherwise. He also clearly states that protecting your wealth is a good idea. I'm not sure why so many people dismiss his ideas.
ouruhuru 5 months ago
I like how your helping educate people but theres a constant lable saying YOU DONT KNOW SHIT.... Obviously you dont know shit
blai745 5 months ago
STFU ! your face is waste of time
marcemuzic 5 months ago
Year 2010 :
24 Sept : Silver Price : USD21.46 – RM66.35 (rate : 3.0917)
Year 2011 :
24 Sept : Silver Price : USD30.93 – RM97.53 (rate : 3.1532)
Who said it is wasting time waiting for 46.99% increment per year???
katakdlmkotak 5 months ago
Stupid point. Yeah sure, you may try all you want to be the best person in your "company" but in this "f'ed up" economy, most companies are taking heavy losses and cannot afford to promote. What if you're not in the corporate world? What if you're making less than the average national income? What if flipping patties is your ambition? Don't know a single job out there that is 100% secured. Buy gold people. It's your lifeline if anything goes wrong-better to be safe than sorry.
MrTheDominonator 5 months ago
He's got a point. I have been collecting gold and silver but we do need to focus on the matters at hand today. Will we spend all of our whole lives buying gold and silver and spending all day watching the prices.
Thanks Growby
Pragmaticalised 5 months ago
@Pragmaticalised Who watches the prices all day? There's no need, unless you're selling short., and what's the point to anyway? Gold isn't an investment anyway, it's a hedge for inflation... any person that buys gold for the purpose of making profit hasn't understood what the real purpose of holding gold is.
MrTheDominonator 5 months ago
@Migueliphone3gs dude no way! I just started collecting and Im fifteen! :0
MrWahoodles 5 months ago
The point he is trying to make is simple. Enjoy learning about what ever it is you like to do. But you need to be your own book keeper and keep decent track and value your time accordingly. If I spent 3 hours a day looking and studying articles it would be for a loss as appose to if i worked a part time job and made the extra money. Look at the big picture but still enjoy your time. Time is money. How much would you pay to get time back?
xchris109x 5 months ago
I'm glad I'm not in the US anymore. But if I was there, I'd go all into Agriculture. The most secure job with tons of upside when inflation kicks in. This kind of knowledge you earn and keep. I'd use my money to accumulate gold and silver, which I'm sure will appreciate in dollar terms, but not significantly in purchasing power. But I can use this to perhaps fund my own business or use it as collateral to get a low-interest loan to do so. This country was built on farming, it's an honest job
lh2000 5 months ago
When this video was made on 10/05/2010
Silver = $22.85
Gold = $1,346
Almost a year later on 9/10/2011
Silver = $41.38
Gold = $1,858
Growby10 = Fail
Sojournia 5 months ago 52
@Sojournia LMAO. this kid was WRONG.
anonismorefun 3 months ago
@Sojournia
17/12/2011
Gold = AUD 1,602.08
Silver = AUD 29.96
I get it, just sayin...
mryellow123 2 months ago
@Sojournia
I'm not backing up Growby10, but when the prices changes back down, then according to your standards, FOT2010 will = FAIL.
TheChadWork2001 2 months ago
It's not the price of wealth that counts, as illustrated by my point above. What counts is not storing the resultant effort of one's labor as money, which is manipulated by corrupt government individuals and other greedy control-freaks who manipulate the lives of others by inflating the supply of money and thereby eroding its purchasing power. If we all stop using imaginary ideas for money so it cannot be manipulated then what casts the shadow can then be seen.
TheChadWork2001 2 months ago
Buy and hold your silver and gold for life.
17seventySIX 6 months ago
You are a waste of life. Here's what I did: I opened a business, got a 10,000 line of credit and a $5,000 credit card, I maxed them out and $30,000 in personal credit cards on buying silver rounds and bars, now I'm going to file for bankruptcy. Fuck them and with all due respect, fuck you.
jonhdoehe1 6 months ago
@jonhdoehe1 beautiful i like it :)
corggi1 6 months ago
cont from above:
A worker here makes 12-15 an hr plus benefits, retirement etc and a person in china or latin america will work very hard for just 2 bucks a day, no benefits, nothing. Imbalances like this can not go forever so its time to prepare for the storm.
mezonesxbox 6 months ago
totally, yeah guys lets not waste time in silver sell it all to him. and yeah lets all go back to school to get in debt and earn a piece of paper for that great job market.
Truth is there has been great wage and economic imbalances the last decade or two and they have to resolve themselves. The only way probably to protect ur self is to be in metals or other physical assets. This re-balancing is liable to sweep a whole lot of us if were not prepared. And its coming-
mezonesxbox 6 months ago
He's right, if you do nothing but look at price quotes and spend all your time on Kitco forums, it is a waste of time
ytiroirp 6 months ago
I think this guy is right. Nothing wrong with being conservative and dont be too risky in this market. The guy isnt saying hes against investing altogether, just to be careful not to let it take up all of your time, there are other things, and play safe.
tigerlilly2012 6 months ago
Lo this guy is hilarious. He just wasted six minutes of his life spreading ignorance on youtube. If he spent a few hours studying history and the economics of real money he would realize how much shit just came out of his mouth. I hope no one actually paid attention to him, imagine the damage he could do to people who actually took him serious and never bothered with learning about precious metals and investments, and instead concentrated their efforts on just slaving over worthless paper.
fictionweaver81 6 months ago
Uhh... if my family put it's $50,000 savings into gold in say 2005, now we would have $200,000.
'Is that going change your liiiife??'
Yes asshole it would have.
thelister4910 6 months ago
Well, when your fiat currency goes to "0", the metals will still be worth money. Its not about how much its going up, its about the US currency, going into hyper inflation. So be prepared. Stock up on canned goods, water filtration systems, and metals. But he has one point, do the best you can at what you do, but also buy metals, and be prepared for the future. Good luck.
TheAvailable43 6 months ago
The person that made this video is a total IDIOT. The goal for buying GOLD and SILVER is not to make money. Its to have the "REAL MONEY" which is gold and silver because it has real INTRINSIC VALUE. Paper money has no value. So to have real hard real pysical gold and silver when the economy collapses is a good thing, cause that will be the only thing u will be able to trade, plus when the antichrist comes to the eath to destroy, u will have it too. Praise jesus who is GOD and the lord ofuniverse
michaelmyers23 6 months ago
Gold & Silver is a waste of my time????
No son... THIS VIDEO IS A WASTE OF MY TIME.
FOT2010 6 months ago 40
@FOT2010 He must be a stock broker. They won't recommend PMs no matter what. They are the most selfish type that I have known in my life. He can keep his stocks, bonds and other paper. I own no paper and never will. I get the satisfaction of denying him any commissions from me anyway.
jimbobubbadj 6 months ago
@FOT2010 too right bro!! we both wasted our time watching this stupid video.
hexstaticleon 3 months ago
I'm speechless. My advice to all is to simply observe, note and come to your own conclusions.
GoldGoneWild 6 months ago
You need to study austrian economics. If you work hard and save US dollars, you are wasting your time, because the fruits of your labor are being diminished by the federal reserve. Do you really think it is wise to earn 0.25% interest? You asked if making only 30% can change my life, well yes. I'm not cutting back on necessities.
puapake 6 months ago
i pity this young man, lol....you don't need to spend much time investing in gold broski! just buy it, hide it, and you're good to go
giggitygiggity890 6 months ago
What a clownish dumbass the author of this video is!!!!
We are looking at a future pan-handler here. LOL.
Seriously, with an ugly face, a lousy voice, and a ton of mindless BS, the author will be well-advised to stay off Youtube, considering how dumb Miss USA's get ridiculed across the country. (But at least Miss USA's have something else for us to look at.)
napper6162 6 months ago
Hey man you need to learn a few things. this is why Gold & Silver are a must watch?v=CAjKzi_puzA&feature=share
nashvilleoutlaw 6 months ago
businesses will get destroyed, jobs will be erased..and dollars will fall..the only thing you have left is your goddamn gold and silver..
morgall 6 months ago
awlgul Jeenja Kuh Dah!!! Sal Jjom Beh!
koreanpeoples 6 months ago
this video is a WAST OF TIME!!!!!!
philipeusa 7 months ago
You're talking about investing... Yet you say a better idea is to work well at your company so that you don't get fired?
Bonehead.
Duskworker 7 months ago
This has been flagged as spam show
You have to start somewhere and, you need to learn. If you enjoy it, it's not a waste of time.
MrPotatoesLatkie 7 months ago
If you can get 30% on your investments, you made a pretty nice profit. This guy is clueless.
WorldEffigy 7 months ago
Hahaha , pretty amusing that I