REALIST NEWS - DO NOT SELL YOUR SILVER - BUY MORE!

[EndTheFed2011]

As far as I'm concerned I will only sell some of my silver if I am desperate and need to pay for things to survive as it is an endangered precious metal and will most likely be extinct in the not to distant future. Silver will be worth a fortune in less than 10 years.

[EndTheFed2011]

"You cannot borrow money to buy silver."

I've heard that before, can someone please explain why physical silver can't be bought with borrowed money?

[DillonDee1]

Somebody told me I should maybe buy gold or silver, but on my last major investment I bought $25,000 in Ford stock at not much over $1 per share, It's now worth about $250,000.00.

Gold? Silver?  NO THANKS!!

[jsnip4]

@DillonDee1 Some people get lucky. I bought silver at $10 and it hit $50 not too long ago. The difference is that when you sell your stock, you pay taxes, whereas I do not when it comes to gold and silver. Not to mention, you should exiting your Ford stock asap and scooping up gold or silver just as fast. When the market goes, so does your stock.

[DillonDee1]

@jsnip4 -- OK, YOU WERE WISE TO SELL YOUR SILVER AT $50

[DillonDee1]

sell by Friday & you may can net $24-25

[jsnip4]

@DillonDee1 I will love nothing more than to see $10 silver so I can load the boat one last time. It will be blowing pat $50, it's just a matter of how soon. The bankers always destroy an asset's value before scooping it up for pennies on the dollar. All you and I need to do is ride thir coat tails.

[Gentilseulement]

Down we go!

[jsnip4]

@Gentilseulement Yep, see my latest video.

[TheAudiorub]

do i buy war nickels

[jsnip4]

@TheAudiorub I would buy any type of 1 oz round such as the silver eagle or the maple leaf.

[hume1234561]

love this clip. so real!

[stangGTKKK187]

im selling all my silver tomorrow....can't take this violent ride no more

[jsnip4]

@stangGTKKK187 That's what "they" want you to do. Lindsey Williams said very recently, silver is going to $75-$100 soon. He's been 100% right since 2007 on all matters he talks about. We physical holders of silver know that there will be times the price goes down. It's a move to scare people. India and China just made huge purchases very recently. They did not buy paper contracts, they bought physical silver and gold. We buy silver nkowing we will be holding it. Not a get rich quick scheme.

[Gentilseulement]

You speak fast, but you explain well.

[Gentilseulement]

No more $37. It's now below $34, so it's time to sell! I hope you did! ahaha.

[thrasher956]

@Gentilseulement look at yourself now dumbass! xD

[Gentilseulement]

@thrasher956 Did you check the price today, Mr. Dumbass? ahah.

[thrasher956]

@Gentilseulement Ag is a volatile market. I'm in it for the long term investment. Ag isa bullish market with healthy corrections through price or time. Hold on to your paper triangles, my friend.

[jsnip4]

@Gentilseulement How did selling silver work our for you now that it's above $40?

[Gentilseulement]

@jsnip4 Everybody has his own financial profile. Considering my financial situation, I had to sell. You can't always win in each investment.

[jsnip4]

@Gentilseulement Fantastic, I'm about to load the boat again next week. A dream come true.

[Gentilseulement]

@jsnip4 Well, I have to apologize to you. Another poster was very unpleasant to me, and my attitude was meant to be directed to him, not you. I will deleted some of my above comments. Silver at that price is obviously a great invest. So yes, if you have the money, buy, buy, buy!

[1Deep2424]

eventually it will be more cost efficient to wipe your ass with dollar bills rather than buying toilet paper. toilet paper will literally be more valuable than dollars.

[londonkev]

It made it to fifty because of fundamentals so why shouldn't it get there again?

[ENAIRAMA1]

If there is a financial collaps, how do you give value to silver? Each ounce is going to cost.....? What;. To much preparation and then poof! Passport? how are you going to leave? no avion.... oh god I fear more the morons without self control, people with weird believes carrying guns and making their own little story. In a same situation, everybody involve has a different destiny. Trust your guts and good luck everybody. :)

[TheRockToronto777]

Wait until it drops to $15...lol

[amptoys]

@TheRockToronto777 I hope so! Thats when I got into the market. I will jump back in if it hits 15.00 again!

[wwood14]

I wonder if when the price went up to the hight 40's that alot of people thought to themselves; "I better sell my paper silver now, while the gett'in is good, and buy physical, because I know the SLV has unbacked paper." And now the physical suppliers are busy selling physical to people who a week ago owned SLV..??

[AwakingTV]

Good advice buy it and forget about it!!! It going up lon term!! Silver is a volatile metal. LONG TERM metal is going up.

[wwood14]

commodities are taking a hit while the dollar is rising!! How are these connected?? Are commodity investors being sacraficed for the sake of the dollar?? I don't know how the mechanics of this would work, but I'm suspicious..

[jpbonard]

Just checked today and all maples are sold out in my area, BC

And they want us to believe there are more sellers than buyers now

[T4L0NNL]

btw, Great video!

[T4L0NNL]

(at my dealer...) Nice coins like the grizzly's and Libertads are already gone at this pricerange, bought some when they were more expensive. Bought some maples today to even out the price. No stumoch ache here, if the price goes down even more I'll order more, if they take it below 20 dollars I will take out a loan. :P

Keep stacking people!

[slobomotion]

Web bot hit? Mississippi River flowing in reverse?

[Nathan21122012]

gold 1495 - silver 35

[limitedplay]

sonds good but like you are trying to convince yourself not listeners.

[hakbib]

I'm 15 and after watching this vid I want to invest so if I c thts it's smart then u should too. I'm gonna get rich bietchhhh

[Zimba9810]

can anyone recommend some website for buying silver? im canadian thanks!!

[BiggerThinking1]

@Zimba9810 davincij15 and drutter are canadian - introduce urself to them

[roddiero]

BTW, I was buying silver ETF, in this case, SLV. That's the best way to ride a commodity and maintain liquidity. Just open a TDAmer or Scott Trade account, put some funds in there, and as a commodity move (SLV, IAU etc), buy in the ETF. It's cake. I use Ishares, and they have several funds. I also bought a few thousand in silver coins--but only coins sold at silver value. Don't buy 'rare' coins. Keep those handy, gold and silver but trade ETFs.

[roddiero]

If you buy in late, and it goes red, sell immediately. Cut your losses. I rode silver from $27 and sold at $42 thinking it was losing steam--made a good profit in just a matter of months. However, when it rose above $47, I got back in. Bought up a lot. Before long, that went south on me, and I was at a loss. Rather than 'wait for it to go back up' I sold quickly, retaining my original profit, plus a small loss. Buy in after it starts to move up. If it goes red, sell immediately..

[Zimba9810]

where should one store their silvers? in their home or bank safe?

[BiggerThinking1]

@Zimba9810 either in a really good safe at home (not a $300 hardware shop gunsafe - a proper safe - a jewellers safe if possible. And only if you are prepared to use guns against anyone who might break in and force u to open it at gunpoint. If you're not - hide it somewhere creatively - a hole in the ground that only you can find (and 1 person u trust in case u die).

Most of all - research this well before you decide - spend a week getting info about it.

[slobomotion]

@Zimba9810 Neither.

[jsnip4]

@Zimba9810 In your house in a certified true burgular safe, not a "fire safe" for $200. Expend to spend $400-$700 on a good safe. It must also be able to bolt to the floor.

[Trox118]

They always say "when your barber starts giving you stock tips its time to sell" .... well... random people posting investing advice on youtube driving around in cars and in shanty homes from a webcam is barber enough for me. I'll take my silver profits and put them into some other undervalued market like bank stocks, I like BAC and Citi, JPM... low P/E ratios and the barbers are still a long ways away.

[jsnip4]

@Trox118 And how has the experts on TV, and financial advisors been treating everyone over the years pushing them into bogus paper assets? In 10 years, the stock market (paper assets) have gone virtually nowhere. Now you're about to get into bank stocks? Silver even 7 years years ago was $4-$5. It just hit $50 last week. Compare any and I mean ANY of your paper assets/stocks/bonds/and bank stocks. Are you pulling my leg or are you serious? Even at $35 an ounce I'm up around 400%. How bout stock?

[Trox118]

@jsnip4 Im in silver 6 bucks an oz and 5 years ago when I was 19 and started buying people said buy stocks because they were going up that was an overvalued bubble and I bought when the market crashed. Silver is an overvalued market and I am selling 5% stakes at a time. Bought my first passive income rental home owned by fannie mae with silver money. Housing is undervalued, banks too. I hope it works out for you but 5 years from now bac and jpm and citi are going to be kicking ass.

[Trox118]

@jsnip4 I mean... do you really think the people posting all kinds of rants on youtube about the silver boom have more than a million dollar net worth or are an accredited investor or sophisticated investor? Do these doomsayers even know what those things are? Do any of these silver bugs know the difference between capital gains and cashflow assets? My thought, the general public is making their run with money signs in their eyes just like they did with owning houses and...

[Trox118]

@jsnip4 we all know what that means... when the people are fearful be greedy and when the people are greedy be fearful. People are greedy right now, im not saying the climb is over... Im just saying the volatility is most obviously here it is overvalued and Im slowly moving in the other way to undervalued investments but I will always own precious metals.

[Trox118]

"You cannot borrow money to buy silver. Thus, silver is NOT in a bubble."

Ever hear of a margin call? Bullion banks are leveraging certificates at 35:1.... Lehman brothers at their peak was I believe 33:1 in the housing market lending. The comex had to raise their silver margin buys by 84% to weed out the weaker speculators even.

[jsnip4]

@Trox118 Margin calls are only good if you're playing the paper game in which you just got cleaned out and left with an empty bag considering silver was at $50 and it now at $35. If you owned physical silver, you can ride out this little bump in the road by to and well beyond $50.

[noetherianring]

Good point about the margin calls, I didn't even think of that. It must be insane right now for a lot of people.

[SuperEye2eye]

I'm on a roll HAHA! nice work.

[dave0z96]

Dont Sell ! I sold at $46, and going to buy back in at $29 . Im going to make bank on this . I wouldnt sell at this time because its to late now .

[dave0z96]

Dont SEll! I sold at the 45$ range, and I will buy back in at the 29$ range . Im going to make bank .

[WCNYBC]

Just did another 20 oz nibble @ 34.94. I'm still waiting to back the truck up if it does go down into the 20's. Until then I will pluck what I can on the way down.

[BLynchCAN]

Hundreds of pounds of silver in the back !

[SchiffRadiodotcom]

On Monday, CME margin goes up for the 5th time...

[TheMorningCoffee]

Ive run out of ginger beer and doom juice AND my silver is crashing :(

[SuperB776]

5 stars...Good advice...b

[4Th3Truthful]

They killed the price to get people to sell physical before they make it illegal to own, buy, or sell after the false flag soon to come. We are going to have major spikes down and up while it goes hyperbolic and hit $3000 or more by DEC 2012. Lindsey Williams stated by the end of 2012 the dollar will be dead. So maybe 1oz = 1500 IMF bancors?

[Clarissa2424]

@4Th3Truthful I am no expert, but, I think the price of silver was brought down by margins by the influence of the money center banks and "Corporate America." Corporations and Big Banks do not want Commodities at high prices..simply because high commodity prices would derail the "Economic Recovery" that they are promoting. Silver, i hear, is always the first commodity to lead other commodities down. Oil went down right after. Cheaper silver and oil for better profit by the Corporations.

[silverunderground]

you got dead bodies back there?

[jsnip4]

@silverunderground LOL, 3 car seats. Can't drive around in a very real looking ex police car with car seats visible in the back. =)

[silverexplosion]

Buy Physical only, no ETF's!

[ENAIRAMA1]

Now, what about you have so much silver and no food to buy and you have to evacuate and never return? No car, just your precious feet and what you are wearing. Are you going to schlep all the gold and silver with you? Mmmmm, I am investing in a nice good quality tent, seeds, light sleeping bag, water filter, dried food, and other to go stuff you might need in case of castastrophe. No place for silver and gold. Oh, and my vortex of positivity!

[jsnip4]

@ENAIRAMA1 I have a year suupply of food as well. Your tent will do nothing. How are you giong to survive for any reasonable length of time? We all live in the city for the most part. Why live in a tent where there are houses all over? If you move out of the city, how do you stay alive? My plan is to weather through whatever comes and hope that a 1 year supply of food is enough.

[PHenry500]

@jsnip4 The point of a 1 year supply is to get you through until your crops come in.

[jsnip4]

@PHenry500 I have a hydroponic system outside as well. Can grow up to 240 crops at once or staggered.

[PHenry500]

@jsnip4 I meant edible crops. ;)

[slobomotion]

@ENAIRAMA1 It takes about three years of trying to get seeds and a garden growing and really producing, if you are lucky. Enough to be worth it, anyway. It's easier to leave the country with silver than food. Hope you've got your passport ready! I think Americans will soon be restricted and quarantined. Hope I am wrong. Good comment.

[syyenergy7]

So they are buying 1,000 ounce bars of silver. That's cool. I could melt some lead and spray it with some mag wheel paint. That's better than the US sht paper they give out. Oy vey

[SilverbladeVI]

It's gonna go through the roof. lololol

[syyenergy7]

You're right about the stops too. All the smart money knows that most will use stops and they use that to their advantage too. A very fast dip and then followed by a much bigger rise. I'm mainly in physical but also have electronic too.

[1971Armageddon]

You will be lucky if you can get your hands on canned dog food jsmythib!

[je99na2]

I hope it gets back down to $15

[cbr6864]

the markets are "controlled" there was no real reason for the panic selling of commodities at all.

[cbr6864]

we are seeing a drop in oil and metals because of a sudden faith in the US $ tied with lower jobless numbers. The dollar was at three-year lows, inflating prices of most raw materials that trade on the greenback. I believe we might be seeing a correction in the market or at the least a stabilization. Commodities took a massive hit, confidence of most investors has been shaken. I do not see silver rising any higher or even returning to its past levels

[1370rivera]

good video man...i appreciate it.

[dAsterum]

I went on ebay earlier today. 2 canadian maple leaves went for 50 dollars each (shipping not included).

theire shaking the tree right now for monkeys to fall, dont let fear lead u. inflation cant be manipulated. silver will rise 100%. patience.

"Inflation also becomes disruptive when at some point

citizens flee into real values and the monetary system is in

danger of collapse."

THE TRAGEDY OF THE EURO

Philipp Bagus

[je99na2]

Every 20 days  Mayan Colander

[chriscraftstyle]

Joe, I agree with you on just about every topic you speak about in your vids thank you for your giving us your daily take. The first video of yours I ever saw was REALIST NEWS - YOU GET NO PROOF OSAMA IS EVEN awsome vid all the way! I have watched it several times I bust up laughing everytime you give the example of the kid on the glass table. It's so true. Jobs report comes out tomorrow are you planning on giving your take?

Listen Joe people buy physical silver and not the fear

[lk804]

You should be on the radio! I enjoy your videos. Keep stackin'!



[DancingWithEagles]

Whoever made a ton by selling off their silver will make a ton more by rolling it back into more silver.

[DancingWithEagles]

This fire sale on silver an awesome opportunity to buy more. I bought near peak but bought again at 40. If it continues to drop I will max my cc to get 25 more silver maple leafs. Get in while the low prices are still active. The next bull run will be huge. woohoo. enjoy the ride!!!

[agibsonallan]

joe I was a sales manager for years and yes I would give you a job in a minute take care,

 a fan

[agibsonallan]

we need to remember why we bought silver in the first place as a insurance, forget the price and remember what is coming, and stop thinking as a trader in the past

keep the faith or you will live to regret it

[ownerowner100]

i am in for the long haul 2 to 3 years, I have $60K in PM and I don't need the money so I will wait. Cause I know it will be at least 55 for silver by end of 2011, and 80 by the end of 2012. All my PM is physical maples and eagles, and I just recently bought 10K of silver for $47. It sucks that I didn't wait to buy, that is ok, I am not worrying about it, I wish I had some extra money now to buy more phy silver.

[kriszab]

Originally Bob Chapman was saying not to worry, the manipulation was coming to an end. Now after this smack down he is saying to contact your congressman and tell them to stop the the crooked government manipulation. Did some thing happen that he fears if we do not stop the manipulation, they will have reign to steal forever???

[luxuryglow]

Keep the videos coming!!!!

Thanks Dr. Doom!!!

[jsmythib]

I would rather save canned dog food than US Dollars.

[brown55061]

@jsmythib

Well dog food tastes better than US Dollars. Ever think of how many sweaty old men's wallets your dollars have been in? And it's soaking up the sweet aroma of bean burrito farts and sweat. MMMmm! Yup, dog food is a win! But I prefer silver lol.

[fursatali]

Somebody mentioned somewhere that the comex has already defaulted two weeks ago. Only the big shots know about it and it hasn't been made official.

[Silvergolds1]

i really like your video thank! you woke me up and i just add an extra 300 ounce of junk silver thank again! keep it up.

[emilypel1977]

Thanks for your calm perspective.

[endlessmountain]

wow. better than expected... ummm a lot better than expected. This is the best video I think you have done and I think says a lot. It makes a lot of sense as they try to do the same things we are doing, and I like 50% rule and that brings us down $25.00. However, silver is more volatile and lost over 60%. A move that low would be to $20.00 and the range of $18 area was so powerful even there is possible. Given the disconnect I think the only way they can do it is if they do it fast.....

[endlessmountain]

@jsnip4 Final - they are doing it fast which would make logic state they get it to 24ish very fast and buy 'em out and then dollar is closer to having the R.I.P. label.

Thank you very much for the video.

[endlessmountain]

80 seconds in i have Favorited your video and most likely will put it on my blog later tonight.

[a10fjet]

bought 12 more ounces and got my parent to buy 1000 dollars worth.

[jbzy077]

great video......and yes we all need to keep our physical and buy more as it goes lower......thanks again

[1971Armageddon]

Big boys squeezing the little guy out of the paper market, lower prices the better for us :)

[emilypel1977]

Thanks for your insight it's really useful.

[tuubydude]

Ha!  I can see you're on planet Earth. Narrowing it down now.