Gold and silver and other rare commodities are susceptible to the same inflationary and deflationary tactics as printed money.
Take diamonds, for example. If the market were suddenly flooded with diamonds their value would drop (ironically) like a stone. That diamond you paid $5000 for last week is now worth $25.
Therefore, the people who own the most rare commodities will control the market. Whereas now control of the market is at least somewhat regulated.
Let me correct you on the part about coins from 1965 being silver...most are not silver in the u.s. after 1964 ended...only the halves from 1965 to 1970 had some silver..and that was 40% silver...no regular issue 1965 to current date dimes or quarters have been made since...and in my opinion if they brought silver back we would have a better working economy..or at least have bills that say "this note backed by silver" again like they used to do.
he says, that its best to have something of worth, and will not devalue then to have abunch of Green money,
he was telling me how in eastern Germany, when the economy crashed, you could sell a wheelbarrow full of german marks, and the Wheelbarrow would be worth more then the Cash itself.
Yeah I'm in the process of saying no to the criminal banks and converting all my savings to gold and silver. So much better and worth more counterfeit dollars every day.
I'm a little disappointed, when I first saw the icon picture for this video I thought it was gold. But like your other videos it's a good one, but the way the light was it did look like gold. Maybe in the future you'll have enough money to buy gold.
Hey RedShirt, maybe you can help me out here. I have an old coin (not exactly sure how old because there is no year stamped on it) However, it says "UNITED STATES OF AMERICA ONE TROY OZ." and on that same face it says ".999 Fine Silver" On the back it has lady liberty and says "E . PLURIBUS . UNUM" Have you ever seen one like that?
Sounds like a variation of the 1 oz. liberty coin. It's worth at least 14 dollars as of today. I would hang on to it. I have quite a few very similar to it.
Wow as of today that coin is at least worth $18.48. See the price of silver people it is going to keep going up because the demand is high and the supply is low. if you had 500 oz of silver that you bought four months ago which is when you wrote this, you would of spent $14.53/oz ($7,265) and today that 500oz would be $18.48 or $9,240. See silver is a real currency. You would be able to go and cash in your silver if you wanted to and get a $1,975 profit. Wow. Im gonna buy some more Silver
good idea to buy silver an gold,-the us mint has suddenly( this year) stopped minting nickels an dimes,an may not make much more.. might be a good time to buy proof sets ,they generally go up in value every year.
I cant believe it. After I watched this video I looked in my big coin jar adjacent to me and found over 100 silver dimes. I think I'll look some more haha... =D
Wow that's pretty lucky. In the several years since I have been collecting precious metals, I have examined nearly every quarter and dime that I've recieved, and found only 1 each. Coinflation is a great website that tracks all your silver coins and their melt (silver+copper) value.
Icompletely agree with you. I've advocated returning to hard money- Constitutional money for quite a while. The only thing for me is I don't know what to tell people who say that Silver and gold prices can be manipulated by the same people who manipulate the (fake) money supply now.
Central banks of the world have a lot of gold and silver. Until they get rid of this, they could indeed flood the market whenever they wanted and drive down prices for a while. In fact, the Feds and others do this from time to time to try and discourage people from using gold and silver. It's just one of their anti-liberty policies they emply in order to promote their fiat currency. If we could force them to give up their real money though or at least most of it, we'd be pretty safe from that.
That said though, central banks can not simply produce real money the same way they can produce paper currency because there is a limited supply of metal and gold on the planet. So, while they can flood the market with what they have, they can't simply produce more and more and more of it like they can paper money.
Sit at home and make more money in 15 minutes than most make in a week. Come visit my website, just google Gold Trading Academy to learn more.
123THERollyboy 4 months ago
Gold and silver and other rare commodities are susceptible to the same inflationary and deflationary tactics as printed money.
Take diamonds, for example. If the market were suddenly flooded with diamonds their value would drop (ironically) like a stone. That diamond you paid $5000 for last week is now worth $25.
Therefore, the people who own the most rare commodities will control the market. Whereas now control of the market is at least somewhat regulated.
eleutheromaniac 6 months ago
Let me correct you on the part about coins from 1965 being silver...most are not silver in the u.s. after 1964 ended...only the halves from 1965 to 1970 had some silver..and that was 40% silver...no regular issue 1965 to current date dimes or quarters have been made since...and in my opinion if they brought silver back we would have a better working economy..or at least have bills that say "this note backed by silver" again like they used to do.
KARBOWICZ 2 years ago
Forget gold, buy silver.
TeamLibertyExpress 2 years ago
my dad just bought 2, $1000 Gold Coins.
he says, that its best to have something of worth, and will not devalue then to have abunch of Green money,
he was telling me how in eastern Germany, when the economy crashed, you could sell a wheelbarrow full of german marks, and the Wheelbarrow would be worth more then the Cash itself.
ExecutorJoe 2 years ago
Yeah I'm in the process of saying no to the criminal banks and converting all my savings to gold and silver. So much better and worth more counterfeit dollars every day.
Luigi84289 2 years ago
I'm a little disappointed, when I first saw the icon picture for this video I thought it was gold. But like your other videos it's a good one, but the way the light was it did look like gold. Maybe in the future you'll have enough money to buy gold.
Well take care and God Bless.
nbenicewicz 2 years ago
I do have a little gold, though probably not enough to make for an interesting video, sadly. lol
RedShirtArmy 2 years ago
Hey RedShirt, maybe you can help me out here. I have an old coin (not exactly sure how old because there is no year stamped on it) However, it says "UNITED STATES OF AMERICA ONE TROY OZ." and on that same face it says ".999 Fine Silver" On the back it has lady liberty and says "E . PLURIBUS . UNUM" Have you ever seen one like that?
Joseph565112 2 years ago
Sounds like a variation of the 1 oz. liberty coin. It's worth at least 14 dollars as of today. I would hang on to it. I have quite a few very similar to it.
RedShirtArmy 2 years ago
Ah, yeah I had it looked at years ago in a coin shop and they told me it was worth about $10 at the time.
Joseph565112 2 years ago
Wow as of today that coin is at least worth $18.48. See the price of silver people it is going to keep going up because the demand is high and the supply is low. if you had 500 oz of silver that you bought four months ago which is when you wrote this, you would of spent $14.53/oz ($7,265) and today that 500oz would be $18.48 or $9,240. See silver is a real currency. You would be able to go and cash in your silver if you wanted to and get a $1,975 profit. Wow. Im gonna buy some more Silver
branman055 2 years ago
Ya I got a camera that takes Micro shot.
I took my coins, and got great close ups, the reflections bitch.
I used white light and f**k around a lot and got it right I sold Several photos to Coin stores.
The gold Fooled me to.
DarkMonkArt 2 years ago
good idea to buy silver an gold,-the us mint has suddenly( this year) stopped minting nickels an dimes,an may not make much more.. might be a good time to buy proof sets ,they generally go up in value every year.
vmpslr2 2 years ago
I cant believe it. After I watched this video I looked in my big coin jar adjacent to me and found over 100 silver dimes. I think I'll look some more haha... =D
63rdNCV 2 years ago
Wow that's pretty lucky. In the several years since I have been collecting precious metals, I have examined nearly every quarter and dime that I've recieved, and found only 1 each. Coinflation is a great website that tracks all your silver coins and their melt (silver+copper) value.
porcupine07 2 years ago
Wow! Very nice.
RedShirtArmy 2 years ago
those silver dimes cost about two Fed Reserve notes
maskedwalnut 2 years ago
It's been a cool video. We must turn to real, backed, hard money. I've liked the fasces metaphor too... :D
P.D.: right now I'm roaming at the Virginian Rebel...
TioDonTomas 2 years ago
Icompletely agree with you. I've advocated returning to hard money- Constitutional money for quite a while. The only thing for me is I don't know what to tell people who say that Silver and gold prices can be manipulated by the same people who manipulate the (fake) money supply now.
anyone?
porcupine07 2 years ago
Central banks of the world have a lot of gold and silver. Until they get rid of this, they could indeed flood the market whenever they wanted and drive down prices for a while. In fact, the Feds and others do this from time to time to try and discourage people from using gold and silver. It's just one of their anti-liberty policies they emply in order to promote their fiat currency. If we could force them to give up their real money though or at least most of it, we'd be pretty safe from that.
RedShirtArmy 2 years ago
That said though, central banks can not simply produce real money the same way they can produce paper currency because there is a limited supply of metal and gold on the planet. So, while they can flood the market with what they have, they can't simply produce more and more and more of it like they can paper money.
RedShirtArmy 2 years ago
Thanks, TioDonTomas. Glad you liked it and checked out the Virginian Rebel site. Take it easy.
RedShirtArmy 2 years ago
I keep 158 grams of silver around my neck ;)
803honda 2 years ago
lol... Nice. Wonder how much Mr T has around his neck?!
RedShirtArmy 2 years ago
Then again, he's a strictly gold man, isn't he? Not sure.
RedShirtArmy 2 years ago
Yes, Mr. T is strictly gold. lol. I would guess hes pushin around 5 lbs.
actually mine is only 1 big chain. Ive had it since I was 16. Ill be 25 this Friday. Im plannin a nice campin trip to Edisto ;)
803honda 2 years ago
Hope you have a good birthday and a nice trip to the beach.
RedShirtArmy 2 years ago
thanks. I always do. the best part is at 25 my auto insurance goes down.
803honda 2 years ago
now could you put this in a bank and build an intrest rate off it
gonzo361 2 years ago
Thanks to the Federal Reserve, the interest rate is basically zero. They are punishing people who want to save with their go-out-and-spend policies.
RedShirtArmy 2 years ago
Comment removed
803honda 2 years ago
Hope y'all enjoy this and pick up some silver for yourselves.
RedShirtArmy 2 years ago