Silver Price Down, Unemployment Up, Oil Price Down, Saudi Day of Rage Uncertain

[SuperCulloden]

When the United States has a REAL President looking out for Americans, first by bringing its Industrial Base back, there will be a dearth of jobs in China, and when all those millions now crowding into the new cities find that they have no jobs, Then, WATCH OUT!

There will be an uprising within China, such as cannot even be imagined. Heads will roll.

The communist millionaire 'bosses' will have to find an other country in which to hide both themselves and their families.

How about North Korea?

[Hiflyg123]

Also I wanted to say alot of your analysis is accurate, and the trend for precious metals has been 400% or more in the last 10 years or so. That is a real money inflation rate that is unheard of in the US. Will a collapse come? That seems to be the most unpredictable thing here, because funny money can play out as long as other nations keep the dollar as reserve status. Is the dollar crap? sure it appears that way until the euro is about to crash then its gold again... so who knows when it ends

[CommentaryUSA]

@Hiflyg123 Yes, James Turk was interviewing a guy the other day who had the same analysis. Its kind of a race to see which one crashes first, the Euro or the Dollar. At this point its hard to tell. I myself don't think China wants it to end for us so fast. They have a lot of leverage over us right now which they will lose if it comes to a sudden crash. I think they will drag it out as long as they can, while at the same time slowly unloading the dollars they own.

[Hiflyg123]

was looking for your Indian Chief pic, but the new pic your kid drew was A-ok...

[amwaybootcamp]

Canadian Sands - Oil Giants Cheap BQI, DEJ, DPTR

[silverexplosion]

Hey, thats a cool picture, did your child make that? It makes your videos look funner...I just can't wait till the Indian returns from vacation...I kinda miss that guy!

[CommentaryUSA]

@silverexplosion Yes my 6 year old daughter drew that for me last night.

[silverexplosion]

@CommentaryUSA Tell her Silverexplosion thinks she is a great artist! 

[CommentaryUSA]

@silverexplosion I told her. I showed her all the comments about her artwork and she went to school very happy this morning because "we're famous". Thanks.

[kiwisoft]

TIME TO BUY MORE SILVER AND GOLD......GOOD WORK JP MORGAN,YOU SCARE PEOPLE AND TRY PRESS THE PRICE OF GOLD AND SILVER..BUT I AM GOING TO BUY 5 MORE KILOS SOOOOOOONNNN....H.A....HA...HA­... YOUR OLD TRICKS WONT WORKS ON ME.

[BMWg84]

Invest  in toilets!! Where do you think all that food ends up?

[antichrist1909589]

i locked ina few oz a t$34.91

[Joe11Blue]

You're ignoring Inflation.

[CommentaryUSA]

@Joe11Blue I have talked about inflation in other videos and I believe I mentioned in this one that oil, commodities etc are priced in dollars and our dollars are now worth less.

[Joe11Blue]

@CommentaryUSA Yes, you have. I was just mentioning it as you didn't really point it out in this video. Haven't seen anyone do a comparison on how Inflation here at home effect's the economies of other nation's as yet either.

[CommentaryUSA]

@Joe11Blue Oh, I see. Thanks for the feed back.

[Joe11Blue]

@CommentaryUSA Not trying to berate you. i just think it would help with spreading awareness of how the Federal Reserve system effect's the rest of the world with our world reserve status.

[goedeck1]

Check out what Jim Chanos (big time investor) says about China and its construction and real estate development. He says 60% of their economy is construction whereas about 20% of our budget was construction during the real estate bubble.

[BluntTrauma621]

Thanks for the insight. I knew there would be a pull back in the PM's.

[solojam]

low 34 we go

[Glock27fan]

Gas went up .30 cents today. You sources are wrong.

[CommentaryUSA]

@Glock27fan I did not say gas prices didn't go up today. I said oil prices are down today, which they are even right now. Gas here is $3.34 a gal. You did not watch the whole video.

[jimbobubbadj]

@CommentaryUSA You've got a bargain. Here in Upstate NY it is $3.73/gallon.

[MrNukinFutz]

JP morgan increased their short position, some economists say that expect a 20-40% pull back in silver. Doesn't bother me I am in for the long haul.

[Rayner1234]

Isnt gold and silver inverse of the economy ?

when economy is bad silver and gold go up. from what i see there is no reason for gold and silver to drop unless JP morgan is up to something fishy .

[CommentaryUSA]

@Rayner1234 The dollar was stronger today that accounted for about $9 of the loss in gold price and probably some profit taking across the board.

[fuckyouobama1]

The picture on your wall is what IT IS ALL about! Preparing to save our children's future! Time IS NOW to buy what you can while the federal reserve note still has purchasing power!

[perfectscotty]

love your wall decor :)

[SlvrStkr2]

Thanks for the video. I have 3500 USD to turn into silver, so i'm awaiting this dip to really get low. My price point is 33! Coin shop charges 1.99 over spot so I could get an even 100 rounds for 3500 bux at that point. Come on 33 / oz!

[meatloafzombie]

I watch the USD vs the CAD daily and we were at .968 against the CAD yesterday. Have you read Patriots by JW Rawles? Bought it yesterday- so far a great read. Also don't know if you've seen the videos but LDS cannery's ROCK. 30 yr shelf life and very cheap! Thank you for making the videos and sharing your thoughts

[IronicallyVague]

Thanks for the informative video....

& I like the artwork in the background....cool :-)

[CommentaryUSA]

@IronicallyVague Wall decor provided by my 6 year old daughter.