If a person is worrying about when to sell silver.... that person shouldn't be buying. Today's market is not about investing, it's about being a step or two ahead of the likely collapse. Hold until the ponzi is no longer. Then the USD/Ag measuring stick will be gone and Ag will rule! If one doesn't understand that... then... go 100% paper! The only thing we may truly own are our mistakes!
The reason why silver is so cheap today is because 'energy' is relatively very cheap... 2/3 of the world population are poor because they do not enjoy the benefits of this cheap energy...
Once oil (energy) becomes scarce and expensive to find... less 'cheap' energy will be made available to the other 1/3 of currently rich humans.
That's when 1 silver dime will again become the daily pay for EVERYONE.
I'm literally buying silver hand over fist and i urge you all to do the same. Think about all the worthless junk that you own and realise that as each day passes all of your material possessions will be worth less and less. But it doesnt have to be this way, you can still escape this consumerist trap by selling that junk and buying silver. You see, the elites want you to buy the latest iphone/ipad, plasma tv, and everyother electronic gadget. But don't fall for their trap, BUY SILVER INSTEAD!!!!
Time would be an interesting concept as a cuurency, once its used it cant be replaced, interesting dilemma approaches with the $USD, yes its paper but nothing can replace it as there isnt enough of anythng else to do it
Historical perspectives are my favourite part of being a silver bug. This is a great summary. I like to ogle my stack and imagine having that stack 500 years ago in England. Robin Hood would be robbing MY ass to distribute my stash to the 'poor'. HAHA. Whereas I am a very average punter in the 21st century. I have my stack in case history repeats.
I would like to add a few comments if you disagree then plz, I like to argue, but realize this is an argument for silver. these are three unsustainable methods silver is kept low.
Point 1 Silver mining and searching practices are good almost too good...
Point 2 3:39 we push others wages down to temporarily boaster our economy
Point 3 The silver market is artificially kept down by selling silver certificates that are not sufficiently backed in reserves
Alot of people are looking at this video from the point of living in a wealthy industrialized country. Most of the world's population merely hopes they can have food to eat each day, let alone being able to get $2 worth of a days wage through having a job. Having even one ounce of silver is worth a month's labor wage in some parts of the world, if not more.
A lot of numbers thrown at you. Silver has not held it's worth as in times past. They are hoping that the past will determine the future, which has good presidence. However, it does not guarantee that it will.
What this video is using is just basic pay only, very misleading because he bases the rest of the calculations on that. Look it up like I did.
The average salary for u.s. army soldier jobs is $54,000. Average u.s. army soldier salaries can vary greatly due to company, location, industry, experience and benefits.
It is interesting that you note one ounce of silver is worth a day of hard work and that 1000 ounces of silver would represent 10,000 days of hard work labor, but in reality, it will be impossible to live 10,000 days off 1000 ounces of silver. What if the cost for a loaf of bread will be 2 ounces of silver? You'll need a lot more than the assumption you make in your video.
People mention mining, and how easy it is. No mention of oil, the chief fuel source used. If you think oil is traded freely, you are mistaken. All things will come to pass :-) Google while you are still able.
Very well presented, but the timing could make this wait very painful.
The FIAT system has been around for 40+ years and could still have another few decades left in it. The US is still a huge exporter of a wide variety of good & services (1st or 2nd in the world actually), and it has the power to keep propping itself up
I've bought quite a bit of silver myself and it has gone up in value, I'm just not convinced that all this will eventuate in a reasonable time.
To me it's a no brainer. I always dreamed of discovering a basic truth that was right in front of everyone and using it to increase my wealth. I was shocked to find it so late in life and it amazes me how people don't get it when its so god awful simple. I kick myself sometimes for not seeing this sooner. I sorta understand your hesitation because your existence has not experienced it, but imagine living 2000 years, that's what history provides, should you choose to learn from it.
@davincij15 I hesistate just because this move to 1000 dollars or greater would be one of the most epic moves in the history of markets. If you were to apply a bell-curve to all possible prices (in dollars) of silver 5 to 10 years from now, I personally would think 1000 dollars is an outlier, but I may be underestimating the size of this ponzi. Its just that things tend to not change in a jarring manner so I have to act as tho they will stay the same until one day a big change comes.
@davincij15 I get that part of it, where and how it fails. Basically any fear that causes folks to cash out of the system can break it suddenly without warning. Has there ever been a debt based monetary system in all of history that we can compare to? Has there ever been a global debt ponzi before? Am I really so lucky/unlucky as to have stumbled upon this opportunity at this point in my life? Side note, DOW closed well above 12,800 today, the year long high.Watch for levitation to continue
@davincij15 What gets me, is that when I was 16 and making $125 a week at my part time job here in super rich America, I was spending my money on video games, dates, going shopping at the mall etc. I could have purchased a 1 oz silver eagle which at the time only cost like $8 an ounce, and done this every week and thought nothing of it.
That alone should make everyone stop and think. About 10 years ago you could buy 1 oz silver coins for $8-10, and now if you can even find them, $45...
Amazing eh? I think back to the 10 - 12 years ago wishing I know how the system worked back then my life would be different today. Ah well I am light years ahead everyone else just in my office never mind North Americans.
Shit from 1976-1979 I made going to school $60 week, had a car, burned gas at $0.52 Gallon (worked at a gas station remember the price) and silver was what $1.40 oz in 1976.
My grandfather convinced me to buy gold in early 1979 at $230 sold Jan 1980 at $750, just wish at 17 that lesson would of sunk in, but hey better late than never.
I just stumbled on your videos. I agree with most of what you say and have subscribed. I like the short vidoes that go somewhere, not boring me. Keep up the good work./..
I think he is right and have thought that for some time but it may take a long time. Silver could go to gold value or close as it is being used up and gold is still all here..
Not to invalidate any of the points here in this video, but there was a time in recent US when the currency was hard(er) and people were paid more than 1/10th of an ounce of silver/day. In 1964, a minimum wage worker making $1.25/hr would make $15 day for a 12 hr day. In 1964, both quarters and dimes were made of 90% silver. Once silver dime consisted of 0.07234 ounces of silver. Therefore, 150 dimes ($15) would be 10.85 ounces of silver. A far cry from 1/10 once of silver for a days labor.
True but this was a rich country in which everybody did far better than the historic norm. That dime a day is the historic pay back when people had maybe one set of clothes and maybe a pair of shoes if they were lucky. That is why liberty & the american freedom experiment proved so popular. It raised mostly everybody eventually (non white christian males had a lot of catching up to do, still do in some cases) to greater wealth than ever before.
there is less physical silver available than there is gold. Plus silver has industrial use much more so than gold. Both PM's are excellent investments, hands down.
I just tire of all the crazy stuff about precious metals going to ridiculous numbers, the currency falling apart and all of it.. This is crazy stuff, and it's all over the internet.
@sleat I'm not a troll, and I have returned. I am always interested in the silver market, having held silver for 30 years in varying amounts. There are good reasons why silver is a good commodity in which to speculate. It is an industrial metal. It makes pretty objects. It might some day go to $50 and stay there, and in twenty or thirty years, much higher. Maybe $150. But Salt, too - whence the word "salary" comes, used to be paid to workers too. Does that mean $100 / lb. salt?
@MiserableOldFart Im with you. I have PMs but Im noticing what seems to be bit of a push to get silver going up again. Some of these videos promising $500 - $5000 silver are all to slick.
@TubeDeviant Silver basically flatlined from the backside of the Hunt Mess in the early '80's for over 20 years. It went from around 12 bucks to the 40's last year and settled back to around 30. It might - repeat, - MIGHT - go back to 50 or so over the next few years, but it very well might flatline at around 30 for a decade or more. $900 silver is the kind of prediction that pump-and-dumpers make.
Thanks for this video. I buy all the silver I can, and understand the importance, but your point of value in terms of 12 hours hard labor is a very good one.
This is one of the best silver videos. I just don't really know when things will pop. It's easy to be premature and expect that societal collapse is just around the corner, but I think it could be a while. The masses are mostly asleep, hard to awaken or distract from their routines, though the unemployed or those that haven't had a job in so long they aren't even counted have perked their ears. The pre-FED dollar is now worth 4 cents. When do millions of slowly boiling frogs jump out of the pot?
Oh NO!..Stellaconcepts won't like this video also, he hates everyone calling for silver over $25/oz as this is how low he predicted it would go.
He attacked me when I put my video out from the Web bot report which said in future it would reach $600/oz as USD collapsed, so he attacked and then others like Max Keiser,Eric Sprott said it should be $500 & Bob Chapman aid $400.Stella made a video calling me Webbot Douchebag yet I made a Vid with $200 Bet that silver wouldn't reach $25 in 2011..I won!
Thanks for the video ... I bought as much as i could for my age last year ... iv told over 10 people to buy some silver too .. only 2 people out of 10 listened to me ... rest laughed and said im crazy and don't care ... i feel bad for them when the paper trash collapses and Precious metals sky rocket ..
Eventually fiat currency divided by the amount of gold is the worth of the currency. I read if you took the dollars in circulation (just the printed stuff) divided by the known gold reserves in 2007 gold would be worth $20,000. Silver is more rare than gold above ground and is about 15 times more abundant in the earth so silver should have easily been worth $2000 in 2007. I will trade my silver for real estate when 200 ounces buys a median priced home.
How exactly do we purchase these ounces of silver? I have been learning so much from your video series, YouTube shutdown majority of the other good video series that I had been learning from since 2008 and yours is hands down the best one out right now.
Okay, for instance you could go to w/w/w///apmex///com which is one of the more popular sites. There is also gainsville coins which is w/w/w///gainsvillecoins///com and you could also try w/w/w///scottsdalesilver///com There are many many sites, just make sure you cross check with others to find out which charges the cheapest above spot and keep doing your home work. There are a few other sites but those are the main ones for the most part.
@martinbelmont Mining silver now takes less human effort, but the overall amount of energy expended is still enormous. That's the important part that guarantees silver's value. The intrinsic value of something is the amount of effort (energy) expended to procure it. watch?v=t0dODJGm3dM
@MyOwnYTAccount "..The intrinsic value of something is the amount of effort (energy) expended to procure it...." No. Be careful there. All value is subjective. I mean e.g. I could spend a week doing a painting, but it wouldn't sell for as much as the mona liza. If there was 1 trillion tons of silver available, the price would be lower. Supply & demand affects price, and value is an individual assessment.
@MyOwnYTAccount I understand but we also have more energy now than before so you cant quite compare. We have oil and technology which makes it easier to get it out and requires less human effort. But the energy storage is the same yes.
@martinbelmont That we have effeciency gains through technology is irrelevant as those gains are spread across all industries. The reality is that it takes the same amount of energy to mine 1 oz of silver as it did 2000 or 5000 years ago. The same is true of harvesting crops, creating irrigation, or growing and collecting firewood.
@martinbelmont The problem is that societies have been forced to use as a representation of the finite goods and services that is out of wack with the supply realities them. Thus, the valuation of those goods and services is out of wack. That can't last, as in this system, intrinsic value is not what determines the prices, and that creates all kinds of unsustainable market conditions. When this system collapses, everything will be priced according to it's intrinsic value.
@martinbelmont ...when that happens, it will be how much energy (both human and technological) expended to procure an item that will determine it's price, as this is the real supply dynamic for it. This is exactly why silvers price should easily go to the moon when this happens.
The value of silver is nicely illustrated in these videos. But we also need to remind ourselves that true wealth is the person's ability to respond to any given situation, whether they have silver or not. The videos state that we are faced with mathematical inevitability of the destruction of all paper assets. Here's where we all get blinded by silver, and are not thinking of other unknown external factors that could change how we value silver or gold for that matter.
Money could be anything in the future,anything people value.Most likely a valueless currency not based on debt issued directly from the gov.Silver has been easy to mine and you dont even need to find the classic vein of ore it can be leached etc so there is really an incalculable amount. I have read up to 25 bil oz's above ground in other forms not just bullion. Either way as energy goes up so will the price of mining.At some point people will recognize silver as a PM right now they simply dont.
You can learn from Nicole's characters mistake: Her silver was stolen (confiscated) because she blabbed to some stranger on the ship that she had the silver. He stole it & that is why she ended up working a very hard 12 hours a day in a messy disgusting job.
I Re watched Far and Away several months ago.. It is Telling! I do alot of canning of meats and veggies and we have alot of stored food.. I love watching The Waltons again.and it can be seen 5 nights a week on 3 different channels!! Many lessons to be reminded of!!
@savgal1211 Ya, The Walton's is a TRUE representation on how families THRIVED with little but love and determination. Even the elderly were cherished for their knowledge, and their ability quell family disputes. I will be doing a lot pf preserving as well, and am looking forward to my own gardening. With over 20 acres of land, that should be no problem. Have 24 laying hens to boot. It's time that people were re-introduced to MOTHER NATURE.
@ajfelix67 Wonderful!! I am looking at land with WATER up in ahigher elevation near my home state. We do have friends with land in several spots to go, if needed.. Buying more Silver still!! I have a model 921 All American pressure canner that I LOVE!! Check out Wendy Dewitt here on Y tube for great canning and food storage tips!!
@savgal1211 I think canning is great, right now, my preserves will be in mason jars. The beauty of it.... you can reuse the jars and lids, so this reduces waste. I would like to invest in a crank meat grinder though, with sausage making attachments. A smoker would be nifty too. I will keep my eye out on yuoutube for how to build stuff. You should look up "poly tunnels". It would increase your growing season. Good luck.
@ajfelix67 I think I have seen the poly tunnels, but I wil look again.. Do you sub Southern Prepper 1 ? He is great.. and survivalblog dot kom. You probably know that site!!
@savgal1211 I live in Newfoundland, and the growing season is much shorter then anywhere south of here. Add to the fierce winds we get, it makes growing a bit tough. But many small farms do quiet well. I guess you have to grow what the soil allows you to do. But I did attach a 19 X 10 green house to my barn. The winter winds took care of the cheap plastic, but I will order some good quality plastic shortly. Want to grow tomatoes, peppers, cucumbers, etc. With plenty of root veg.
@savgal1211 What I like about this area, LOW population and plenty of wild game. Rabbits, moose, partridge, sea birds, and fish. Though the fish stocks have been decimated, (mostly cod, lobster, haddock etc.) there are still plenty of mackerel, herring, squid. Once BIG boats cannot make a living, smaller boats will thrive and could never take more fish then they can hold. The fish stocks will rebound. HOPEFULLY.
I love this series of videos you've been putting out! This one in paticular I found to be very refreshing to be reisured of our investment choice we've made. Thanks and keep up the good work!
I love the historical perspective. Surely, silver is hilariously undervalued right now. If you just look at the historic gold to silver ratio (16:1) and look at it right now (55:1), HOLY CRAP! Then if you look at the ratio of all the fiat crap in the world to all the precious metals (10^78:1, I made up this ratio, but it's enormous.), you realize that after this Ponzi scheme ends, people holding precious metals will be incredibly rich.
If I buy £4000 of silver in the UK today,£800 of that is tax.... F*ck this Govenment.
Yeah and the romans started 'clipping' there coins too,dodgy bastards ! :)
Might as well fly to Canada to buy some silver and see my sister while I am at it,smuggle the stuff back into the UK.Our border agency is WANK.£800 is better spent on that, rather then tax to feed to the Banksters.
I believe in storing up lots of food, hunting gun and ammo, silver and gold.
I have not been able to store any coins and I understand food does not last forever. A hunting gun will provide food, but coins are also needed for a large portion in the future. I only hope my choices make out the best for me.
Actually, the major complaint of a Roman soldier in the time of the Caesars was that there were too few wars to fight. Most of their time was spent training for war, using equipment that was 2x heavier than what they fought with. They also never lost, except in a very few (though spectacular) cases. The 3rd century's inflation brought not only a reduction in the quality of money, but great increase in the number and power of their enemies. The later "barbarians" recognized only a gold standard.
@Black99Fox Coins would be the way to go, as it is easily recognizable and would be commonly accepted for trade. Bars would be have to be melted down, unless you were making a HUGE purchase. But in any case, ANY silver is a BOON. I would not turn up my nose if someone offered me a 100 oz bar. Just get some.
I believe this video series on silver to be the best on youtube - or anywhere for that matter. A tremendous amount of research, understanding, and perspective that surpasses anything you would watch on the Discovery channel or TLC. Very Impressive!!!
What about copper? ten 95% real copper pennies (pre oct. 1982) was worth the same as that 1/10 oz of silver dime. In the victorian era in london 2-3 pennies was the price for both a prostitute (street hooker, no hotel room involved) & a large loaf of bread. Many poor women would hook a few nights a week when their kids were hungry for that large loaf of bread. Nobody in their neighborhood thought the worse of them, they knew they had to do it. If you can't afford silver, stack real pennies
@dishesdealer417 I understand what you mean man. I have been to Latin American, and seen real poverty right in my face. Those same conditions will be found throughout the world. I think places such as China and India will be fine though as they are acquring precious metals. It is crazy when you go to a bar to get some chick's phone number. Next, you take them out to a date, and they have a bitch shield. It will be ironic that one day she will be throwing thricks in the streets once reality hits.
I'm not a man, so no, I don't know anything about trying to get a chick's number. I know about unattractive males trying to get my number & then getting pissed off and nasty when they don't get laid, like that would ever happen most of the time. Maybe you know, is a street hooker about $20 - $30 dollars now because that would be in line with 2-3 pennies back then.
I am all into silver and stuff, but $960 is far too high in my opinion. We have machines to pull it out of the gorund which have lowered the mining cost massively. I could go for $75 silver maybe $100. If the USD collapses then price in USD will be irrelevant too.
@Robonza there are more dollars in existence now than ever before. when the dollar collapses those same dollars will be chasing gold&silver. the same way they trample themselves for the latest gadget thyll trample themselves for silver.
Excellent video! I only got started the middle of last year but better late than never in getting some silver. It isn't much but it's better than nothing.
If a person is worrying about when to sell silver.... that person shouldn't be buying. Today's market is not about investing, it's about being a step or two ahead of the likely collapse. Hold until the ponzi is no longer. Then the USD/Ag measuring stick will be gone and Ag will rule! If one doesn't understand that... then... go 100% paper! The only thing we may truly own are our mistakes!
UnitedCorpOfAmerica 3 hours ago
where do i buy silver?
Firepower357 19 hours ago in playlist Uploaded videos
@Firepower357 Craigslist, gun shows, local coin dealers are the best for small purchases.
You can check out ConstitutionalSilver . com for larger purchases for the best deals.
TruthNeverTold 5 hours ago
@Firepower357 Westminster Mint, Gainesville Silver, Scottsdale Mint, Provident Metals.
All are online dealers. Do a google search.
Lengarces 4 hours ago
The reason why silver is so cheap today is because 'energy' is relatively very cheap... 2/3 of the world population are poor because they do not enjoy the benefits of this cheap energy...
Once oil (energy) becomes scarce and expensive to find... less 'cheap' energy will be made available to the other 1/3 of currently rich humans.
That's when 1 silver dime will again become the daily pay for EVERYONE.
Castorios 1 day ago
Very well thought-out video.
dlmaniac 1 week ago
Yes, but isn't comparing silver of old and silver of new two totally different things, just based on ease of extraction and refining methods alone?
kcrone1 1 week ago
Comment removed
earningbaranaba 1 week ago
I'm literally buying silver hand over fist and i urge you all to do the same. Think about all the worthless junk that you own and realise that as each day passes all of your material possessions will be worth less and less. But it doesnt have to be this way, you can still escape this consumerist trap by selling that junk and buying silver. You see, the elites want you to buy the latest iphone/ipad, plasma tv, and everyother electronic gadget. But don't fall for their trap, BUY SILVER INSTEAD!!!!
M0rbidlyObese 1 week ago
Time would be an interesting concept as a cuurency, once its used it cant be replaced, interesting dilemma approaches with the $USD, yes its paper but nothing can replace it as there isnt enough of anythng else to do it
MrkBO8 2 weeks ago
I REALLY relate to the WORK DAY! AND don't sell as long as fiat exists, nice.
caessarion 2 weeks ago
Historical perspectives are my favourite part of being a silver bug. This is a great summary. I like to ogle my stack and imagine having that stack 500 years ago in England. Robin Hood would be robbing MY ass to distribute my stash to the 'poor'. HAHA. Whereas I am a very average punter in the 21st century. I have my stack in case history repeats.
troglodyte2084 2 weeks ago
@troglodyte2084 Not to fear.. Robin Hood would not have robbed you but the tax collectors to give to the poor. I too and still stacking.
fmagalhaes1521 2 weeks ago
I would like to add a few comments if you disagree then plz, I like to argue, but realize this is an argument for silver. these are three unsustainable methods silver is kept low.
Point 1 Silver mining and searching practices are good almost too good...
Point 2 3:39 we push others wages down to temporarily boaster our economy
Point 3 The silver market is artificially kept down by selling silver certificates that are not sufficiently backed in reserves
aaronmoravek 2 weeks ago
@aaronmoravek that so true. I can never buy silver on eBay for price of silver market. eBay is free market so price floats freely.
spark300c 2 weeks ago
@spark300c Ive never checked ebay, im always worried about fraud
aaronmoravek 1 week ago
Alot of people are looking at this video from the point of living in a wealthy industrialized country. Most of the world's population merely hopes they can have food to eat each day, let alone being able to get $2 worth of a days wage through having a job. Having even one ounce of silver is worth a month's labor wage in some parts of the world, if not more.
HermannTheGreat 2 weeks ago
@HermannTheGreat
There are more people making $2 a day saving 35% of that in silver or gold waiting for the day the west gets fucked by reality.
davincij15 2 weeks ago
A lot of numbers thrown at you. Silver has not held it's worth as in times past. They are hoping that the past will determine the future, which has good presidence. However, it does not guarantee that it will.
mattsmoski3737 3 weeks ago
Most people work an 8 hour day.
mattsmoski3737 3 weeks ago
What this video is using is just basic pay only, very misleading because he bases the rest of the calculations on that. Look it up like I did.
The average salary for u.s. army soldier jobs is $54,000. Average u.s. army soldier salaries can vary greatly due to company, location, industry, experience and benefits.
mattsmoski3737 3 weeks ago
It is interesting that you note one ounce of silver is worth a day of hard work and that 1000 ounces of silver would represent 10,000 days of hard work labor, but in reality, it will be impossible to live 10,000 days off 1000 ounces of silver. What if the cost for a loaf of bread will be 2 ounces of silver? You'll need a lot more than the assumption you make in your video.
Mdv8611 3 weeks ago
When people are pricing silver in USD that is when confusion starts because it means that paper USD is money.
If I know that silver is money the right question to ask what is the correct price of today paper USD in silver?
Alexiscom1 3 weeks ago in playlist More videos from TruthNeverTold
People mention mining, and how easy it is. No mention of oil, the chief fuel source used. If you think oil is traded freely, you are mistaken. All things will come to pass :-) Google while you are still able.
frobley93 3 weeks ago
Very well presented, but the timing could make this wait very painful.
The FIAT system has been around for 40+ years and could still have another few decades left in it. The US is still a huge exporter of a wide variety of good & services (1st or 2nd in the world actually), and it has the power to keep propping itself up
I've bought quite a bit of silver myself and it has gone up in value, I'm just not convinced that all this will eventuate in a reasonable time.
LibertyDownUnder 3 weeks ago
Amazing information I knew but said in a different way as to remind me.
davincij15 3 weeks ago
@davincij15 Yea Dav I remember your older videos of Ag at 1000 dollars. I was skeptical but I guess time will tell the tale :)
lilbromarky1 3 weeks ago
@lilbromarky1
To me it's a no brainer. I always dreamed of discovering a basic truth that was right in front of everyone and using it to increase my wealth. I was shocked to find it so late in life and it amazes me how people don't get it when its so god awful simple. I kick myself sometimes for not seeing this sooner. I sorta understand your hesitation because your existence has not experienced it, but imagine living 2000 years, that's what history provides, should you choose to learn from it.
davincij15 3 weeks ago
@davincij15 I hesistate just because this move to 1000 dollars or greater would be one of the most epic moves in the history of markets. If you were to apply a bell-curve to all possible prices (in dollars) of silver 5 to 10 years from now, I personally would think 1000 dollars is an outlier, but I may be underestimating the size of this ponzi. Its just that things tend to not change in a jarring manner so I have to act as tho they will stay the same until one day a big change comes.
lilbromarky1 3 weeks ago
@lilbromarky1
The greatest amount of change occurs quickly, a ponzi scam works one day and the next it does not. Explosion quickly changes it's surroundings.
You do not die from falling you are very much alive while still in the air but to say there is no problem is stupid.
davincij15 3 weeks ago
@davincij15 I get that part of it, where and how it fails. Basically any fear that causes folks to cash out of the system can break it suddenly without warning. Has there ever been a debt based monetary system in all of history that we can compare to? Has there ever been a global debt ponzi before? Am I really so lucky/unlucky as to have stumbled upon this opportunity at this point in my life? Side note, DOW closed well above 12,800 today, the year long high.Watch for levitation to continue
lilbromarky1 3 weeks ago
@lilbromarky1
The DOW is controlled by HFT and the PPT.
davincij15 3 weeks ago
@davincij15 Im sorry I dont know what those acronyms are?
lilbromarky1 3 weeks ago
@lilbromarky1
High Frequency Trading and Plunge Protection Team
davincij15 3 weeks ago
@davincij15 What gets me, is that when I was 16 and making $125 a week at my part time job here in super rich America, I was spending my money on video games, dates, going shopping at the mall etc. I could have purchased a 1 oz silver eagle which at the time only cost like $8 an ounce, and done this every week and thought nothing of it.
That alone should make everyone stop and think. About 10 years ago you could buy 1 oz silver coins for $8-10, and now if you can even find them, $45...
HermannTheGreat 2 weeks ago
@HermannTheGreat
Amazing eh? I think back to the 10 - 12 years ago wishing I know how the system worked back then my life would be different today. Ah well I am light years ahead everyone else just in my office never mind North Americans.
davincij15 2 weeks ago
@HermannTheGreat
Shit from 1976-1979 I made going to school $60 week, had a car, burned gas at $0.52 Gallon (worked at a gas station remember the price) and silver was what $1.40 oz in 1976.
My grandfather convinced me to buy gold in early 1979 at $230 sold Jan 1980 at $750, just wish at 17 that lesson would of sunk in, but hey better late than never.
moviematcanada 2 weeks ago
I just stumbled on your videos. I agree with most of what you say and have subscribed. I like the short vidoes that go somewhere, not boring me. Keep up the good work./..
Romulan112 3 weeks ago
Well I'll Google calender this, get ready, it's coming sooner than you people think?
ElCajoia 4 weeks ago
I think he is right and have thought that for some time but it may take a long time. Silver could go to gold value or close as it is being used up and gold is still all here..
pb765 4 weeks ago
Not to invalidate any of the points here in this video, but there was a time in recent US when the currency was hard(er) and people were paid more than 1/10th of an ounce of silver/day. In 1964, a minimum wage worker making $1.25/hr would make $15 day for a 12 hr day. In 1964, both quarters and dimes were made of 90% silver. Once silver dime consisted of 0.07234 ounces of silver. Therefore, 150 dimes ($15) would be 10.85 ounces of silver. A far cry from 1/10 once of silver for a days labor.
marcdevon 4 weeks ago in playlist Uploaded videos
@marcdevon
True but this was a rich country in which everybody did far better than the historic norm. That dime a day is the historic pay back when people had maybe one set of clothes and maybe a pair of shoes if they were lucky. That is why liberty & the american freedom experiment proved so popular. It raised mostly everybody eventually (non white christian males had a lot of catching up to do, still do in some cases) to greater wealth than ever before.
dishesdealer417 3 weeks ago
there is less physical silver available than there is gold. Plus silver has industrial use much more so than gold. Both PM's are excellent investments, hands down.
DemonDik 4 weeks ago
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A real opportunity to make part time income and share something really heathly with others.
No better satisfaction.
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louisbrassyyy 4 weeks ago
I just tire of all the crazy stuff about precious metals going to ridiculous numbers, the currency falling apart and all of it.. This is crazy stuff, and it's all over the internet.
MiserableOldFart 4 weeks ago
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What a total crock of shit. You PM metal wackos just never stop laying it on. Get a grip on reality, and get a life.
MiserableOldFart 1 month ago in playlist The Silver Bullet and The Silver Shield
p.s. I'm long silver, but short on bullshit.
MiserableOldFart 1 month ago in playlist The Silver Bullet and The Silver Shield 6
@MiserableOldFart Now I am confused?
TruthNeverTold 4 weeks ago
@MiserableOldFart What, exactly, offends you in this vid to make such a sweeping statement?
Motoicon 4 weeks ago
Comment removed
lilbromarky1 3 weeks ago
@MiserableOldFart Can you describe the crock?
TruthNeverTold 4 weeks ago
@MiserableOldFart Drive-by troll has driven by...never to return. ;-)
sleat 4 weeks ago
@sleat I'm not a troll, and I have returned. I am always interested in the silver market, having held silver for 30 years in varying amounts. There are good reasons why silver is a good commodity in which to speculate. It is an industrial metal. It makes pretty objects. It might some day go to $50 and stay there, and in twenty or thirty years, much higher. Maybe $150. But Salt, too - whence the word "salary" comes, used to be paid to workers too. Does that mean $100 / lb. salt?
MiserableOldFart 3 weeks ago
@MiserableOldFart Yes. Moderation in everything. And take all advice with that $100 a pound grain of salt!
sleat 3 weeks ago
@MiserableOldFart Im with you. I have PMs but Im noticing what seems to be bit of a push to get silver going up again. Some of these videos promising $500 - $5000 silver are all to slick.
ANTIDALLARD 3 weeks ago
@MiserableOldFart If you are going to call this "a total crock of shit", at least tell us how you came to that conclusion..
TubeDeviant 6 days ago
@TubeDeviant Silver basically flatlined from the backside of the Hunt Mess in the early '80's for over 20 years. It went from around 12 bucks to the 40's last year and settled back to around 30. It might - repeat, - MIGHT - go back to 50 or so over the next few years, but it very well might flatline at around 30 for a decade or more. $900 silver is the kind of prediction that pump-and-dumpers make.
MiserableOldFart 5 days ago
why silver lol um gold?
superhawkn 1 month ago
@superhawkn Look at video #3 and I have more coming...
TruthNeverTold 1 month ago
I was referring to the banks
TheSilverAgeHasCome 1 month ago
Can you imagine the power that will have then? There sitting on tons of gold
TheSilverAgeHasCome 1 month ago
I'm at just over 550oz's
syprix 1 month ago
Thanks for this video. I buy all the silver I can, and understand the importance, but your point of value in terms of 12 hours hard labor is a very good one.
michcool1012 1 month ago in playlist Uploaded videos 2
This is one of the best silver videos. I just don't really know when things will pop. It's easy to be premature and expect that societal collapse is just around the corner, but I think it could be a while. The masses are mostly asleep, hard to awaken or distract from their routines, though the unemployed or those that haven't had a job in so long they aren't even counted have perked their ears. The pre-FED dollar is now worth 4 cents. When do millions of slowly boiling frogs jump out of the pot?
MrAntonLucas 1 month ago 2
Love your analogy to roman times. after all, all roads lead to Rome
SuperTripps 1 month ago 2
I think that this might just be the video to convince the people that silver is the investment of this decade.
grimygrime 1 month ago
Oh NO!..Stellaconcepts won't like this video also, he hates everyone calling for silver over $25/oz as this is how low he predicted it would go.
He attacked me when I put my video out from the Web bot report which said in future it would reach $600/oz as USD collapsed, so he attacked and then others like Max Keiser,Eric Sprott said it should be $500 & Bob Chapman aid $400.Stella made a video calling me Webbot Douchebag yet I made a Vid with $200 Bet that silver wouldn't reach $25 in 2011..I won!
connectingdots1 1 month ago 4
@connectingdots1 you must have been a bit nervous when silver dipped below 27, but great call! Keep putting out those radiation updates!
sscam2001 1 month ago
Thanks for the video ... I bought as much as i could for my age last year ... iv told over 10 people to buy some silver too .. only 2 people out of 10 listened to me ... rest laughed and said im crazy and don't care ... i feel bad for them when the paper trash collapses and Precious metals sky rocket ..
YouTheory 1 month ago 2
@YouTheory Try them again with these videos...
They work.
TruthNeverTold 1 month ago 2
GReat VIDEO!!!!!!!!!
1imtrying 1 month ago
Eventually fiat currency divided by the amount of gold is the worth of the currency. I read if you took the dollars in circulation (just the printed stuff) divided by the known gold reserves in 2007 gold would be worth $20,000. Silver is more rare than gold above ground and is about 15 times more abundant in the earth so silver should have easily been worth $2000 in 2007. I will trade my silver for real estate when 200 ounces buys a median priced home.
bthegood 1 month ago 2
$960 Silver will be 90 € silver =)
Mikahopea 1 month ago
@TruthNeverTold
you forgot to mention that after Judas hang himself, the chief priests took the 30 silver pieces, and bought a field to burry him =)
socustrocus 1 month ago
Very well done. Physical Silver is my primary investment vehicle. Stop by my page. your Rare Metals Guy
hm2ski 1 month ago
By far the best video you have done!!!
THANK YOU
UDAMAN!
LuminousViews 1 month ago
How exactly do we purchase these ounces of silver? I have been learning so much from your video series, YouTube shutdown majority of the other good video series that I had been learning from since 2008 and yours is hands down the best one out right now.
MrSirBo 1 month ago
@MrSirBo
You mean how do you purchase physical silver MrSirBo?
ZyPhReX 1 month ago
@ZyPhReX Exactly
MrSirBo 1 month ago
@MrSirBo
Okay, for instance you could go to w/w/w///apmex///com which is one of the more popular sites. There is also gainsville coins which is w/w/w///gainsvillecoins///com and you could also try w/w/w///scottsdalesilver///com There are many many sites, just make sure you cross check with others to find out which charges the cheapest above spot and keep doing your home work. There are a few other sites but those are the main ones for the most part.
ZyPhReX 1 month ago
Nice vid but it forget to mention that we have tachnology now and it is easiers to get silver out of the ground. So you cant completely compare.
martinbelmont 1 month ago
@martinbelmont Mining silver now takes less human effort, but the overall amount of energy expended is still enormous. That's the important part that guarantees silver's value. The intrinsic value of something is the amount of effort (energy) expended to procure it. watch?v=t0dODJGm3dM
MyOwnYTAccount 1 month ago
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@MyOwnYTAccount "..The intrinsic value of something is the amount of effort (energy) expended to procure it...." No. Be careful there. All value is subjective. I mean e.g. I could spend a week doing a painting, but it wouldn't sell for as much as the mona liza. If there was 1 trillion tons of silver available, the price would be lower. Supply & demand affects price, and value is an individual assessment.
zalida100 1 month ago
@MyOwnYTAccount I understand but we also have more energy now than before so you cant quite compare. We have oil and technology which makes it easier to get it out and requires less human effort. But the energy storage is the same yes.
martinbelmont 1 month ago
@martinbelmont That we have effeciency gains through technology is irrelevant as those gains are spread across all industries. The reality is that it takes the same amount of energy to mine 1 oz of silver as it did 2000 or 5000 years ago. The same is true of harvesting crops, creating irrigation, or growing and collecting firewood.
MyOwnYTAccount 1 month ago
@martinbelmont The problem is that societies have been forced to use as a representation of the finite goods and services that is out of wack with the supply realities them. Thus, the valuation of those goods and services is out of wack. That can't last, as in this system, intrinsic value is not what determines the prices, and that creates all kinds of unsustainable market conditions. When this system collapses, everything will be priced according to it's intrinsic value.
MyOwnYTAccount 1 month ago
@martinbelmont ...when that happens, it will be how much energy (both human and technological) expended to procure an item that will determine it's price, as this is the real supply dynamic for it. This is exactly why silvers price should easily go to the moon when this happens.
MyOwnYTAccount 1 month ago
The value of silver is nicely illustrated in these videos. But we also need to remind ourselves that true wealth is the person's ability to respond to any given situation, whether they have silver or not. The videos state that we are faced with mathematical inevitability of the destruction of all paper assets. Here's where we all get blinded by silver, and are not thinking of other unknown external factors that could change how we value silver or gold for that matter.
MrVegiita 1 month ago
Money could be anything in the future,anything people value.Most likely a valueless currency not based on debt issued directly from the gov.Silver has been easy to mine and you dont even need to find the classic vein of ore it can be leached etc so there is really an incalculable amount. I have read up to 25 bil oz's above ground in other forms not just bullion. Either way as energy goes up so will the price of mining.At some point people will recognize silver as a PM right now they simply dont.
Fullrubberman 1 month ago
Execellent. Thx.
Truthsabre777 1 month ago
wicked!
azerovc 1 month ago
You can learn from Nicole's characters mistake: Her silver was stolen (confiscated) because she blabbed to some stranger on the ship that she had the silver. He stole it & that is why she ended up working a very hard 12 hours a day in a messy disgusting job.
dishesdealer417 1 month ago
Congratulations of this video it's a great historic valuation of silver & labor.
SilverLadyBug999 1 month ago
Excellent video!!
u27driver 1 month ago
The day is coming when we will not be able to buy physical silver. I hope people are waking up.
buyred 1 month ago
I Re watched Far and Away several months ago.. It is Telling! I do alot of canning of meats and veggies and we have alot of stored food.. I love watching The Waltons again.and it can be seen 5 nights a week on 3 different channels!! Many lessons to be reminded of!!
savgal1211 1 month ago
@savgal1211 Ya, The Walton's is a TRUE representation on how families THRIVED with little but love and determination. Even the elderly were cherished for their knowledge, and their ability quell family disputes. I will be doing a lot pf preserving as well, and am looking forward to my own gardening. With over 20 acres of land, that should be no problem. Have 24 laying hens to boot. It's time that people were re-introduced to MOTHER NATURE.
ajfelix67 1 month ago
@ajfelix67 Wonderful!! I am looking at land with WATER up in ahigher elevation near my home state. We do have friends with land in several spots to go, if needed.. Buying more Silver still!! I have a model 921 All American pressure canner that I LOVE!! Check out Wendy Dewitt here on Y tube for great canning and food storage tips!!
savgal1211 1 month ago
@savgal1211 I think canning is great, right now, my preserves will be in mason jars. The beauty of it.... you can reuse the jars and lids, so this reduces waste. I would like to invest in a crank meat grinder though, with sausage making attachments. A smoker would be nifty too. I will keep my eye out on yuoutube for how to build stuff. You should look up "poly tunnels". It would increase your growing season. Good luck.
ajfelix67 1 month ago
@ajfelix67 I think I have seen the poly tunnels, but I wil look again.. Do you sub Southern Prepper 1 ? He is great.. and survivalblog dot kom. You probably know that site!!
savgal1211 1 month ago
@savgal1211 I live in Newfoundland, and the growing season is much shorter then anywhere south of here. Add to the fierce winds we get, it makes growing a bit tough. But many small farms do quiet well. I guess you have to grow what the soil allows you to do. But I did attach a 19 X 10 green house to my barn. The winter winds took care of the cheap plastic, but I will order some good quality plastic shortly. Want to grow tomatoes, peppers, cucumbers, etc. With plenty of root veg.
ajfelix67 1 month ago
@savgal1211 What I like about this area, LOW population and plenty of wild game. Rabbits, moose, partridge, sea birds, and fish. Though the fish stocks have been decimated, (mostly cod, lobster, haddock etc.) there are still plenty of mackerel, herring, squid. Once BIG boats cannot make a living, smaller boats will thrive and could never take more fish then they can hold. The fish stocks will rebound. HOPEFULLY.
ajfelix67 1 month ago
I love this series of videos you've been putting out! This one in paticular I found to be very refreshing to be reisured of our investment choice we've made. Thanks and keep up the good work!
HopelesslyEnslaved 1 month ago
outstanding video!!!
vanityrose12 1 month ago
I love the historical perspective. Surely, silver is hilariously undervalued right now. If you just look at the historic gold to silver ratio (16:1) and look at it right now (55:1), HOLY CRAP! Then if you look at the ratio of all the fiat crap in the world to all the precious metals (10^78:1, I made up this ratio, but it's enormous.), you realize that after this Ponzi scheme ends, people holding precious metals will be incredibly rich.
ArmednSafe 1 month ago
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ArmednSafe 1 month ago
If I buy £4000 of silver in the UK today,£800 of that is tax.... F*ck this Govenment.
Yeah and the romans started 'clipping' there coins too,dodgy bastards ! :)
Might as well fly to Canada to buy some silver and see my sister while I am at it,smuggle the stuff back into the UK.Our border agency is WANK.£800 is better spent on that, rather then tax to feed to the Banksters.
Black99Fox 1 month ago in playlist The Silver Bullet and The Silver Shield 4
@Black99Fox They charge you tax on MONEY??? Now that's corruption.
highandwired 3 weeks ago
I believe in storing up lots of food, hunting gun and ammo, silver and gold.
I have not been able to store any coins and I understand food does not last forever. A hunting gun will provide food, but coins are also needed for a large portion in the future. I only hope my choices make out the best for me.
Xmokko 1 month ago
Hmm. I have 9.3 years of hard labor stored away. It's not a lot, but it's more then 98% of global population has.
ajfelix67 1 month ago
Awesome video. Way to put it in perspective.
wafdawg 1 month ago
so buy silver now?
optionsupdate 1 month ago
Actually, the major complaint of a Roman soldier in the time of the Caesars was that there were too few wars to fight. Most of their time was spent training for war, using equipment that was 2x heavier than what they fought with. They also never lost, except in a very few (though spectacular) cases. The 3rd century's inflation brought not only a reduction in the quality of money, but great increase in the number and power of their enemies. The later "barbarians" recognized only a gold standard.
fleetcenturion 1 month ago 3
Any advantage in choosing bullion over coins or vice-versa?
Black99Fox 1 month ago
@Black99Fox Coins provide easier liquidity and portability
rossm123456 1 month ago
@Black99Fox Coins would be the way to go, as it is easily recognizable and would be commonly accepted for trade. Bars would be have to be melted down, unless you were making a HUGE purchase. But in any case, ANY silver is a BOON. I would not turn up my nose if someone offered me a 100 oz bar. Just get some.
ajfelix67 1 month ago
I believe this video series on silver to be the best on youtube - or anywhere for that matter. A tremendous amount of research, understanding, and perspective that surpasses anything you would watch on the Discovery channel or TLC. Very Impressive!!!
videodude123XYZ 1 month ago
Wow, this is profound!
stfanciscainta 1 month ago
Keep them coming Chris! Can't wait for the next installment!
ArgentPure 1 month ago
Great video. Far and Away is one of my favorite movies. Coach David
FREEMMASCHOOL 1 month ago
1000 oz of Silver would equal 27.7 years of *days wages*....food shelter etc. Think on that !
TheSilverWatch 1 month ago 33
Nice vid, brother! Thanks for your work :)
Petros7373 1 month ago
excellent video.
dishesdealer417 1 month ago
Gosh your silver videos are so well done! I love watching them!
krazykobe8 1 month ago 5
I would condemn the Bernank for an ounce.
grapecrusher 1 month ago 24
@grapecrusher
Are you kidding? He isn't worth that. I would do it for an american penny, and for one dated after 1982.
whowantsit456 1 month ago
What about copper? ten 95% real copper pennies (pre oct. 1982) was worth the same as that 1/10 oz of silver dime. In the victorian era in london 2-3 pennies was the price for both a prostitute (street hooker, no hotel room involved) & a large loaf of bread. Many poor women would hook a few nights a week when their kids were hungry for that large loaf of bread. Nobody in their neighborhood thought the worse of them, they knew they had to do it. If you can't afford silver, stack real pennies
dishesdealer417 1 month ago 4
@dishesdealer417 I understand what you mean man. I have been to Latin American, and seen real poverty right in my face. Those same conditions will be found throughout the world. I think places such as China and India will be fine though as they are acquring precious metals. It is crazy when you go to a bar to get some chick's phone number. Next, you take them out to a date, and they have a bitch shield. It will be ironic that one day she will be throwing thricks in the streets once reality hits.
Bravesfan4500 1 month ago
@Bravesfan4500
Women are a waste of money. Silver & gold aren't. Better yet, find a woman who like to buy silver & gold, then you will be happy.
ThePatriotMuckraker 1 month ago
@Bravesfan4500
I'm not a man, so no, I don't know anything about trying to get a chick's number. I know about unattractive males trying to get my number & then getting pissed off and nasty when they don't get laid, like that would ever happen most of the time. Maybe you know, is a street hooker about $20 - $30 dollars now because that would be in line with 2-3 pennies back then.
dishesdealer417 1 month ago
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apeman462 1 month ago
Yo Robo! There's less Ag then Au einstein
silvernail6 1 month ago
But William Wallace was a Scottish soldier, not Roman.
All joking aside, thank you for the informative video.
ZeerosFate 1 month ago
20 years old, got over 500 ounces of silver, a shotgun, a chainsaw, and seed bank. Lets get this show on the road. bring it, zombies!
milestoned91 1 month ago 4
I am all into silver and stuff, but $960 is far too high in my opinion. We have machines to pull it out of the gorund which have lowered the mining cost massively. I could go for $75 silver maybe $100. If the USD collapses then price in USD will be irrelevant too.
Robonza 1 month ago
@Robonza there are more dollars in existence now than ever before. when the dollar collapses those same dollars will be chasing gold&silver. the same way they trample themselves for the latest gadget thyll trample themselves for silver.
apeman462 1 month ago
Betrayed for 495$ I don't think he was that stupid! What is the average sell out in congress you think?
SIR1CHIA 1 month ago
Excellent video! I only got started the middle of last year but better late than never in getting some silver. It isn't much but it's better than nothing.
6happydude3 1 month ago 3
"Keep stacking" from France ;)
psychosn4ke 1 month ago 2
Well Done ! Thanks !!
ray12970 1 month ago