Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (90)

Sign In or Sign Up now to post a comment!
  • Great video. Plus you can't cut an oz of gold w scissors:D

  • The ultimate insult is that even if you earn interest on your savings to hedge against inflation, your interest earned is considered taxable income. So they keep taxing your savings for a lifetime which is unfair.

  • @novicemilk Paper money is just a promise to pay, an instrument to transfer debt. Think of it like an IOU. It's not an asset. However many people put blind trust into these paper certificates. Today, nations are devaluating their currency so their debt shrinks in relative terms against assets. For consumers, the resulting inflation will eat up savings and when there is no more profits to tax, central banks will then raise interest rates.

  • Concise and to the point. thanks!

  • Great Video! Good job.  Keep posting more please!!

  • Great, you are doing a great public service, I like being reinforced with your common sense.

    Ciao

  • learn to move your body when you talk

    you look like a robot

  • Definitely Gold will continue to rise!! But hey do you know that Gold, Oil and the whole entire Futures Market are all controlled by a computer program? Skeptical if its true or not? Come view my profile, visit my website and watch my videos for you to see the truth!

  • Dealers paying 50%?!?! That's pretty good for a dealer 30-40% is industry standard unless demand is super high.

  • @patrick258181 thx for updating that stat. dealers used to pay 50% from what I understand many many years ago. it now has dropped to 30% to 40%? wow. makes the diamond scam seem even greater

  • @smartknowledgeu From what I was told on diamonds. The market is flooded with "lab Diamonds" so no one trusts a diamond that is too clear. They also told me when the economy down turned every one wanted to cash in so they have more than they can handle. If you have paperwork and can prove it to be a high quality brand name or a very unique stone they will go around 50%.

  • If we went to the gold standard, governments would find a way to manipulate that.

  • I do understand how the monetary system works but the way how you describe it will make it very easy for someone to understand. We need more and more people to understand this so after the collapse of the dollar we the people of this country will be able to restructure the monetary system and the government. Government exists because of the people but if the people are not smart about it then we will lose our freedom to the politician again like how we are right now. Thanks again.

  • Nice dude

  • Up, up, up went Silver. And then it fall over. Down, down, down again. So.... when will this great rise occur?

  • Thanks Mate. BRILLIANT!!!!! Will be showing this to my parents! WoooHooo

  • Since beginning of 2010 I have been following the development around gold and silver and the imminent collapse of the dollar. videos like this are very useful to help us all and especially those who still want to wake up to today reality.thanks a lot

  • NOT the Swiss Franc...It's backed by Gold.

  • @paolinosk8 not since 2004

  • @paolinosk8 Swiss Franc diverges from gold.It is the same fiat currency like others.Unless they come up with a Gold Swiss Franc

  • The super evil have figured out that most people are simple and don't think outside of what they are told. All of history is a complete lie and many are live well off of the lie. Very few people can handle that fact that others can tell such enormous lies as to fool 99% of all people.

  • I wish I was more educated on this subject a few years ago .However all is not lost due to great videos like this one ! Thank you John for your keen and easy to understand insight into a very complex subject..It has helped the layman understand things a bit more. I will continue to watch .

  • BRAVO!@

  • you all are at the right time to start securing your assets..check this link educated your self and take action check this link

    g l o b a l f r e e d o m p o w e r t e a m(dot)com/

  • "Living just got more difficult." (The 3d cut, the inflation effect.)

    1. 33% of salary in Income Tax

    2. 9% in State tax

    3. 50% loss in value of dollar 2000-2008.

    4. 1/2 of what's left taken at death.

    What bugs me about this is that that #3 is arbitrary. If you looked over a 1 year period, it would be much less. If you looked over an 80 year period, it would be much much higher.

    I feel that inflation, which is highly important and grossly minimized should be dealt with separately.

  • Should you have perhaps ended with the 3d cut, the 8 years where half of it is gone?

    We shouldn't confuse devaluation over time with how much of your money is taken from you in any year. (If you go back to 1930, you'd cut 98%[or whatever] of the bill off.)

    It seems you should either start with that devaluation cut or end with it. To make this clearer, add the devaluation in at the end. Then, you can go over different scenarios or time periods of devaluation. Does this make sense?

    

  • WOW!! AWESOME VIDEO!! Keep up the great work! Learned more from this short video than I have with several others! Beautifuly done!!

  • Good job thank you for the info

  • Very nice work.

  • Beautiful! Thank you!!! 

  • This is why the super rich want THEIR tax cuts. It's their money. Just like I want MY money!!!! What a corrupt system!

  • Your reality test comparing diamond buyback offers to bullion buyback offers is brilliant. It might trip people up if they consider palladium, but palladium is a tiny market still in its infancy compared to the much larger and well established diamond market that should have much narrower margins if in fact diamonds are scarce.

  • John, I don't know who you are, but now I do , and my eyes have really been opened up. Can you say something about silver in a video. I have heard recently that China is attempting to corner the silver market and suppress the price. I am personally invested in Silver myself. Can you give your insight on this in a video? Thanks in advance.

  • lol

  • If  you want the best way to acquire silver go to: easysilver.info

  • Yep, we are all slaves. However, the Jews are getting mega rich off this system.

    Excellent video. In the UK we work from January to July to pay direct taxes in the form of income tax and National insurance. Then there are the dozens of indirect taxes. We are being fucked. In my opinion, turn to crime. No tax and if you get caught, you live for free.

  • Great video with illustrations that show how the fiat diminishes before our eyes.

  • Do you think after qe2 the silver prices will drop for a little while but then go back up to reach new highs?

  • I'm impressed with this video. Nice work. Excellent introduction.

  • So what you are saying is, gold and silver have real value that cannot be duplicated or manipulated in it's physical state and when all else fails they will still have trading value, and that their prices are not going up as much as the value of paper as a gauge of value is going down. I would also add that as long as interest rates as paid on savings are below the rate of inflation, gold and silver will remain a source of financial refuge.

  • Great video.

  • Youre wrong about gold. Ive dealt with dealers who WILL pay the current spot for the metal. If I buy an oz of gold/silver, whatever, whether it be the next day or next week, I know dealers who will pay current spot for the metal at that time. There are plenty of dealers who will not. Some dealers will pay, usually, 2-5% below spot. My main point is , if you look for awhile and do your homework, you can find good honest dealers. While I agree with the diamond theory, youre metals theory is wrong.

  • i just heard that england is abouut to cut 390000 government jobs , that the way to do it !

  • on the SSDI or SSI it is soo true. I was applying for SSDI because of a disability and came across the 2006 Deficit Act for Social Security where they don't pay out all back pay benefits in a lump sum payment, they bread it up in 3 installments 6 months apart, Wow!!! Seems like they spent our money in the wars over the last 20 yrs of 1.4 Trillion dollars all freakin gone.Oh by the way Social Security is only 75 yrs old so it didn't even last 100 yrs. Now they need to do away with Taxes, Peace

  • You say that all central banks are " in a race to the bottom" to devalue their own currency, but you don't explain why. Please elaborate. What is the benefit?

  • @frodyu2b Because if I can pay you with a piece of paper that says:

    $12,000,000,000,000 , and you accept it as paid, I've just paid off the national debt.

    Because the paper says its $12,000,000,000,000, its that much.  The problem is that intrinsically its only worth the value of the paper.

    Tell me, is it beneficial if you (have any debt) you could just write a piece of paper that says "All my debts paid." and hand it off?

    This devalues both the trust and value of the paper.

  • @frodyu2b thx malusDiaz for your answer. Also, JS has been addressing this question now for 5 years on his blog. you can visit his blog theundergroundinvestor and read all the posts under the category "financial crisis, dollar crisis, recession proof" that he has posted for the last five years and you should find some good info there. thx.

  • @frodyu2b what malusDiaz aid is correct for US as their debt in in USD and they can print it (or borrow from Fed Reserve to be precise) but other nations are more protective about their exports than their currencies and therefore want a relatively weak currency. Given that US has MUCH more debasing ahead, it is reasonable to expect other countries to continue weakening their currencies as well. The result can very well be hyperinflation pretty much on a global scale.

  • @frodyu2b The benifit is that when the FED takes over all the banks for defaulting they also take possession of all assets ( aka real estate-LAND!!!) rIGHT NOW THE uk IS SELLING ALL THEIR FORESTRY LAND to the elite to repay the paper they borrowed...This has been in the works for a long time---they are called the illuminatti--they have already bought the greek islands, Columbia efaulted to the IMF and signed over rights to all land and mineral rights...they are stealing America with fake money.

  • @frodyu2b The society based on debt needs to have debt for increasing the production.Inflating the currency is a perverse way to re-start a stagnant production inserting more quantitative of currency in the society, so the enterprises make investments and with a weak money become competitive in exports outside country. Of course is only a palliative.

  • @frodyu2b

    Cuz they need to do away with the paper. All currencies are following the dollar now. So when the dollar goes down, imports are more expensive and we buy less. So then, China devalues the Yuan so we can afford 25 cent plastic goodies again. But then imports to Japan are too cheap so then Japan devalues the dollar. A cycle to the bottom. Those holding real assets will win. Every dollar will eventually go to zero and all the currencies follow. Maybe SDR's? Who knows.

  • @frodyu2b By devaluing currencies faster makes countries competitive on imports and so more money will be chasing your goods.

  • @silverkingukable Sorry meant to say country exports not imports.

  • HI John, well said. I now have a better understanding why it is so hard for me to save money.

  • @mpoonpipat Right on. Glad it helped!

  • almost 5,000 views, 46 thumbs up and 1 thumbs down. hmmm. wonder if the ONLY person that gave this vid a thumbs down was a banker?

  • Just one comment regarding the somewhat mixed up conclusion.A gold standard does not necessarily equal no tax. You can have large gov and a gold standard and as a result pay any percentage in taxes, whether it be income tax or in other forms of taxes like say a sales tax. It doesn't even prevent gov from borrowing. A classical goldstandard however prevents debasement of the currency less gold is appreciated to reflect the new amount of currency in cisculation.

  • @PeaknikMicki thx for your comments but history shows that income taxes are non-existent or minimal under sound monetary systems. the first US income tax imposed was in 1861. 3% on income above $800. In 1862, this increased to 5% on all income above $100,000. But the gov't soon removed income taxes completely. FROM 1862 to 1900 THERE WERE NO INCOME TAXES. When the US Federal Reserve came into existence, the top tax bracket skyrocketed from 7% to 77% in just 5 years from 1913 to 1918!

  • Do a search for GATA (Gold Anti Trust Action committee) to see why the gold price has not been rising with inflation, and why it will soon go MUCH higher.

    Buy land and grow food and watch all the gold holders line up to trade you for it.

  • Diamond is not rare at all!! There is a cartel that control the flow of diamond to the consumers, which they control the price.

    There are gems that are rarer than diamond, such as tanzanite.

  • great video

  • Where is your proof of the diamond scam? Where can I read up on what you claim?

  • @knuddel123 there are many newspaper articles that documented the massive discoveries of many tonnes of diamonds discovered by the diamond cartel in south africa in the 1870s. either search microfilm or even google it and you are bound to find these facts.

  • @knuddel123 here's one article that explains part of the diamond scam. Google "The Atlantic, Have you ever tried to sell a diamond" and you will find good info. there are many other articles in addition to this one.

  • @knuddel123 read up on Cecil Rhodes and the always shadowy backing of Rothschilds. From a more fictional angle I like to remember the movie Blood Diamond covered this as well. Basically that most diamonds were simply taken off the market in order to create an artificial supply shortage thus artificially propping up the prices. One can almost draw the parallel to drugs where laws supress supply to maximise profits for thos who actually can bring it in.

  • @PeaknikMicki where can i read about cecil and the rothchilds ?

  • @throwerofturds you will have to do a bit of research on your own. But for the basics simply google cecil rhodes diamonds for instance.

    You can read in wikipedia for instance how he was financed by the Rothschields and his company De Beers pretty much took over the diamond industry in Africa.

    I think I have a scanned book (pdf) on the history as well but would be lucky to find it as I am drowning in files and have copied much to dvd's.

  • @PeaknikMicki many thanks 

  • Great job Mr Kim, thanks!

  • Well said, I will favor this video and send it to my friends who still don't get it. You put a new and fresh way of exposing this fraud. Thanks

  • zerohedge bitches

  • well done. Thank you. Am sending this to my family and friends, hoping they get it before its too late.

  • Good stuff. Check out theweeklytelegram site. Great info on the metals and funny too.

  • Brilliant!! Thanks so much

  • I love this video. It presents the message so well. Thanks Mr. Kim!

  • @magichandpuppet You're welcome. Thx for commenting.

  • The ending of the video where you give the scenario of a gold standard is the most powerful part. Keep the videos coming! Do you feel a stock market crash is coming or will it continue to be artificially propped up?

  • @MrSilverovergold timing is so difficult to predict now because all western markets are so egregiously rigged. all efforts will be made to keep US markets going at least sideways until after November mid-term elections, but they are fighting an uphill struggle to do that right now and US markets look real toppy.

  • @smartknowledgeu

    I completely agree with "all western markets are so egregiously rigged" a symphony of lies.

    There is no safe ground on which to stand, only hold in ones hand. Even possession of, has an uneasy feeling.

  • I coulda used that dollar to buy some silver damn it!!

  • @JOHNNYH8STHENWO they look like photocopies

  • @chrysos101 actually it's a real US dollar bill. JS cut up a couple to make this video. he said that he couldn't have bought much with it anyway!

Loading...
Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more