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From: davincij15
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  • Gold and Silver aren't commodities. It's real money that you cannot print from thin air. Oh by the way, look at the US constitution where it said that money should be only in Gold and Silver.

  • Gold is definitely money but not silver. Silver can never be money nowaday. Gold is highly liquid, buy silver... In Taiwan (where I live), I could sell my gold in less than 5 minutes and use the money to get a car. But if I have no gold and just have tons of silver, I got nowhere to sell it to...

  • @mich65ek2

    Untrue I bet your banks accept silver and gold, most banks in the world do.

    Finally, lets point out that silver has been used as money for 6000 years! Thus if people decide that eating good food for 6000 years was bad and started eating poisonous things that killed them and did not believe the good food was good it would not change the fact that people eating poison are WRONG!

    At the end of the day lets let reality be out judge and see who gets financially killed and who does not.

  • I love my multi coloured Canadian currency. Good video sir.

  • You are very right.

  • man im gonna get a treasure chest and collect gold,silver,jewls,like a pirate

  • Ahrrrr!

  • i to high to hear what you saying but cool ron paul poster

  • Look out. Jim Cramer said today on CNBC that he likes gold.

  • That's always a bad sign thanks.

  • POST2: If you wait to do an oil change on your car until gold is used as currency your engine will be nothing but a pile of metal shavings. In fact, it will be the opposite. People in South America had a saying that went something like "It is cheaper to pay your your cab fare up front rather than pay it at the end of the ride." The currencies were so unstable that the worth of your money decreased in minutes. Slight exaggeration but when all of this printed money hits the real economy look out!

  • Please watch my video again and tell me my exact words. When it comes to saving gold. Let me know if I said I would wait for an fiat collapse or not.

  • POST1: I love your videos and I watch them all of the time. The fundamentals of what you say are ALL correct. The only problem is your predictions of "when" and your time frames you give. Wait to change the oil in my car until gold is used as currency so it will be cheaper? The engine would be a pile of metal shavings at that point. Dollar is in a death spiral but it is going to be a while before we have to worry about deferring things like regular maintenance.

  • monday morn asia

    dxy 76.51

    gold 1048

    dollar trends upward

    gold to stay under 1050

    choppy ....

  • just laughing at the absurbity of it all

    buy some silver ebay ..kinda like slumming it ..3 clicks pay pal credit card ..the silver shows up in the mail box ..too cool

    adventualy visa sends bill ..write them a chk ..a few days later write check to bank to cover visas check ..at this point no dollars at all have changed hands ..just charges checks ..at some point ..all charges checks debts credits ect work their way around and do what needs getting done ..i don't know ..too funnie ..take care

  • You are sounding foolish davinci... You look at a short time frame and say deflationsts are wrong... Just wait a little longer inflationists will be wrong... Just wait a little longer deflationists will be wrong... The point is volatility is high... Both are right some times and both are wrong some times... It is a cycle which repeats every 3 or 6 or 12 months... Ultimately I agree there will be hyperinflation followed by deflationary collapse of capitalistic system...

  • I saw the youtube vids for "Argentina's Economic Collapse".

    It was truly shocking and could be what lies ahead for us.

    I had 4 ounces of silver arrive today. My wife thinks I'm just buying frivilous stuff. I try telling her it's savings because the Pound and Dollar are dropping so much in value.

    She doesn't get it, bless her. :D

  • I have seen it too.

    My wife gets it but it's not important to her. It's important that she get it or she will take that silver and spend it because she thinks it's silly. You need to be partners not adversaries when it comes to finances.

  • The real problems will start when those dollars that foreign investors are dumping make their way back to the states. Then inflation is REALLY going to take off.

  • I just recently started buying silver, How much more do you think silver will rise I just bought one troy ounce for $19.00

  • Yes hold it don't sell until it 1 ounce of silver equals 1 ounce of gold.

  • davincii - what time frame will 1 oz silver = 1 oz gold?

  • Some time in 10 years most likely at the end of the bull market for commodities, but that's long way off don't look for it right now. There will be corrections along the way I expect silver to go to 75 then correct back to 25 in this long long bull market.

  • my question is God forbid if we get hit by terrorist again will the dollar take a dive and does that mean that precious metals will shoot up

  • The terrorist card as already played by government they can't do that one again.

  • The forefathers were wise men. Stock up. The metals are out there.

  • With interest rates at 20 to 30% there will be no economy, only barter and then gold and silver will be king and queen. Better get some!

  • Let's live in reality please. If the government raises interest rates to 20% - 30% then it's over for the gold and silver market.

    That is reality.

    Now that's not going to happen for a long, long time but it will happen and we will need to evaluate then if we should sell gold for government bonds.

  • gold 1060.$ .plus change

    silver 17,87 $

    dxy sub 76.

    keep an eye on the door guys ..

    remember

    it opens in ..

    take care ...

  • 1053 now

  • dxy getting spanked tonight 75.97 gold heading toward eleven hundred .. silver heading toward 18 dollar per oz think we are beyond the event horizon now .. remember ..on a shaky stick you got to point the nose to the ground regain speed.. then control .. totaly contrary to survival instincts .. push stick forward ..... see what happens ... ..
  • I sometimes wonder if the news drop on the secret meeting was a way to pump the metals to someones short. Alot of people were shorting for Fall/October thinking market was going to mirror 2008. I sometimes feel a little reluctant to jump in when everyone else is. I actually sold about 200 rounds the day before the nes came out. Then went back in the next night and made it all back. But at higher costs. If someone at the NY TImes wanted to drop some conspiracy info to raise prices who stops?

  • That is right - if you save in Silver and Gold - there is no inflation - things get cheaper.

  • People stop treating gold as your savior, its the Anti-Christ.

  • What do yo u mean by that? Gold is real money - if there is such a thing as the anti-christ it's FIAT currency. Gold IS the saviour!!!

    (Or are you quoting some bible crap from a different era when the finance economic system wasn't even 1% as complicated as now - and thus has become irrelevant?)

  • I remember the article talking about "the demise of the euro," just before it had a 50% rally.

    It's fairly simple... if 90% of the market is selling then the number of people left to sell isn't enough to keep it moving much lower so it reverses.

    Everyone is pretty much a dollar bear... in fact record numbers. It's much more likely that we have a second and final deflationary rally than the currency collapsing now.

    I don't find the timing of that article a coincidence. Time will tell.

  • Once more countries stopbuying the Dollar it will go down like the inside job on 911

    Global wars, financed over the shoulders of American people................and foreign investors.

    Sad.

  • It is very sad, but even saddest is that we the hard working people always have to paid the bill (and the greedy scam bags who did this to us are just sitting pretty)

  • Yes, like sitting ducks...................

    You will see people standing up to the greedy ones in power within a year

  • I think that looking after your car is a good idea.......Don't hold back on service..

    Mine is my life line. If I neglect it, it will neglect me.......

  • A tragedy is a representation of an action that is whole and complete and of a certain magnitude. A whole is what has a beginning and middle and end.

    Aristotle

    The tragedy began in 1913 (Federal Reserve)

    Middle 1971 (Nixon ended the gold backing of US dollar)

    End any day now... sad to witness

  • The people which own gold will not make any profit.

    They just won't loose anything. ;)

  • parsnip logic ..101

    there is a difference between deflation and devaluation

    some of the symptoms are the same

    yet the out comes can be quite varied..

  • morning guys ...the fools on the tools ...that determine monetary policy on this planet have decided ,,actually necessitate has decided for them ...that a strong dollar is

    imperative for survival of life as we know it

    now this is gonna hurt a little ..the best way to strengthen dollar is to flog commodities ..ie oil and metals basically

    with that thought ..deflation backs the way to a strong dollar lotz of smoke and mirrors in play now ..look over there while i do some thing under your nose

  • Come on, Dollar down 15% from March. You take the high to make your point. I could say this, Gold up only 15% in the last 30 years while stock market up 900 %.

  • It's what all gold haters do and all I am doing is arguing with the same way.

    BTW that 900% is dropping take a look at a dow/gold ratio chart. ;)

    Stocks where up 4400% from the peak of 2000 now it's up only 900%, yes what a deal. lol

  • thanks Big D. can you explain the silver for retirement verse the gold for making possible future buying? I am a small time investor of currently silver and just want the best bang for my buck? any suggestions? and its really true, its like the song but replace cowboys with deflationist , "where have all the deflationist gone, oooohhh." lol. davincj has real common sence back up buy his investigation. unlike glen beck who is an insaine person, trying to pass as a person with common sence.

  • Actually, the dollar is going down. An ounce of gold is still an ounce of gold; it just takes more dollars to buy it...

  • It will come down but not before it goes way up.

  • "the broke ass consumer economy". you said it. well done.

  • sweet intro

  • I probably save a fortune by changing my car oil myself. Takes less than an hour including the time taking the old oil to the rubbish tip.

    A cam belt takes about 3-4 hours to change using a workshop manual as a guide. £20 belt and some beer is a lot cheaper than £200+ labour charge at a garage.

    I always say that tools are free! They pay for themselves when you do the work yourself.

  • Yes, I use to be a mechanic but I hated it. One side would come off easy the other would not, striping bolts, getting the wrong part from the dealer, difficult angles to reach bolts, hours would go by and the job would still not be done. I could not take it anymore.

    I could not take it.

  • gold 1040 +, now the manipulators (govt) will go everthing to try and supress it....

  • you are not thinking. like you say they are printing so much money omg, uuuummm wait are they really printing money or just transferring money to their accounts. ok yes the money is coming out of no where, but it's not like they made it in the mint they made it over the computer and with all the online banking how much money is really just online and real cash.

  • I say printing because it's visual comprehension most people can not think of money as a virtual construct and it's also why they do not understand we can not have a physical bank run. Only a virtual one but the government will just make more and give it to the banks.

  • Thanks davinci!

  • I think we're going to see deflation is useful items and hyperinflation in need items.

  • BTW great idea to put other YTers into the message box!

    Only that i miss Mr. Karl Denninger from Niceville Florida.

    cheers from yurop

  • $1,047.40 right now.

  • I read of this news last night - and I saw somewhere that gold is at a record high.

    Anyone know the effect this will have on GBP?

    My businesses are based in the UK but I live in a USD dollar pegged currency country (Caribbean - yeah..."tax haven"). Should I be smiling like the joker are will all the major global currencies (Euro / GBP / Yen) eventually suffer the same fate of the USD?

  • The GBP was a downward leader lately.

    Volatility´ll increase that´s for sure. Hedging against that´ll be a sound move.

    There has been some talk about the GBP needing to depreaciate further to "stimulate" export growth i.e. a ~25% debasement from winter last year isn´t enough.

  • :o)

    Thanks psycho!

  • The final destination of all FIAT ,debt backed currencies is the same but the GDP/debt ratio´s are different. Hence the way down is spread unequally.

    The cash for clncker programme in euroland fades out quicker thus the repercussions of this demand distortion´ll surface quicker.

    It seems to me that the EUR/USD´ll regain somewhat in favor of the USD.

    After all roughly 500 billion EUR´s are due to rollover or refinancing this fall (eastern yurop´s smiling).

  • I bet the next big move´ll be from the EUR. Suddenly they´ll relize the EUR has some downward pressure due to Austria´s east yurop exposure.

    The USD won´t crumble in weeks. It´s adversary will ignite a new debasement round. The volatility in crrencies increased and will continue to increase. That´s how they dillute and prolong the USBond default.

    Eventually a new carry trade´ll emerge and maybe this time the USD´ll be the carry currency.

  • Playing Vabanque hasn´t been a great idea.

    I neither think it´s clever to put EVERYTHING into precious metals nor to buy it at any price.

    Don´t forget they´re just comodities and prone to speculation.

    There´s no final solution, no endgame in any sense.

  • If i start to believe in something i´ll fix my framework yet it ought to remain flexible.

    If you own real estate without any debt attached that´s great too! And upgrading it (solar panels, insulation) thus reducing operating cost and dependency is way more clever than putting your whole wealth in comodities.

  • The AUD has staged a huge rally lately. IF everybody else debases his currency that´s the only way to sve some purchasing power.

  • There is deflation in Europe.. CPI is droppping approximatelu 0,7 % p.a.

    In USA it is not deflation since the interest rates are low + other FED interventions..

  • davincij15,

    Enjoy you vids.  Am curious as to why you say hold silver over gold for retirement, sorry am a relative newbie to the PM market.

  • Long term, silver will appreciate much more than gold. If gold doubles, silver may triple or better. It may take a while, but silver is the better investment in the long term, but it ain't bad short term, either! Go to coininfo (dot com) and watch the silver to gold ratio. It's been hovering around 60/1, but historically has been as low as 15/1 (15 oz silver buys 1 oz gold). When the true scarcity of silver is revealed, it could approach parity, or even surpass gold in value. =^[.]^=

  • oh yea

  • Yep

  • Bring on the Silver shortage... well maybe in a few months so I can get my hands on some more 1st! Where are the shorts now?? lol

  • You still got it buddy!

  • Good info.

  • What, me hoarder? :O

    ;D

  • You may be right for the wrong reasons.

    I'm in the deflation camp and I have also been buying gold for years.

    I think we are in deflation mode now.

    History shows that gold has been a better deflation hedge than an inflation hedge and many argue both sides.

    Nobody knows what is going to happen for sure, so don't bet the whole farm on hyper-inflation and gold saving you from it just because of a price blip.

    Check out Mish Shedlocks' blog. He has been 100% right so far.

  • Mish is wrong there will be deflation priced in gold not dollars in the markets.

    Last time I check the government is never going to default on it's debt and now has guaranteed 5 trillion of freddie and fannie debt on top of it's own debt. What that means is if you have any government bond it's as good as cash.

    Also Mish is a belligerent asshole.

    It is you who will be right for the wrong reasons my friend, people on fixed incomes are not going to see their standard of living rise.

  • Houston, we have liftoff

  • That is funny, Swfive :> Horders John Denver had a big problem back in the 70ds because he had 10 gallons of gas on his acrage in colorado. the commies called him a horder and the sheeple boo hood him. Its ok Ted Turner ownes half of the western states thow. Stock up now He He.

  • Can someone explain to me why being born means you must pay to continue to exist?

  • amen

  • if you don't want to hunt or find your own food or stuff then you gotta pay others something to do it or make it for you?

  • Yes, but if you make something and trade it for money then who says you have the right to take any of it from me?

    If anyone has the right to take from me then I have the right to to take from them.

  • to the moon!!!  Davinci, you are one of the reasons I bought metals and i am indebted to you for the awesome advice. thank you!

  • Yes, and I am indebted to Ron Paul who showed me the light.

  • Are you suggesting we become the nemesis of all socialists ?......HOARDERS !!!! Oh, the horrors of it all.

  • Stagflation is what is happening... That is a lot worse...

  • I think we have combinations of deflation and inflation..inflation on items you need and deflation on luxury items.

  • Amen da vinci ,

    But stocks keep going up ! But gold to da MOON !

  • I think that if this countries don't get out of the dollar their stupid. why would you keep a currency that is being printed like crazy and loosing value daily?

  • i meant to say "if these countries".

  • It's hard to sell $1 trillion dollars.

  • if gold was alive, i think it made this HUGE push upwards becasue it feels that it is tired of being below 1,000 dollars. we all know and is thinking to ourselves, why the hell is GOLD still 900 anything???with all this inflation just everything gold 100% needs to be AT LEAST if all fails above 1k an ounce and now i think it made its mark to stay above 1k for a long time, im sure its about to get hit hard soon, but not hard enough to drip it back to 9??dollars anymore, to much inflation for that

  • Our forefathers knew their shit, man.

  • boring same old same old

    please come with new innovative videos

  • I will, I have something, I am just want it to be accurate.

  • Do another drunk vid hehe.j/k

  • Metals Baby!!!! METALS!!!!

    : )

  • Mmmm...sweet sexy shiny metals!!!

  • AU reaches record lows in Australia tinyurlDOTcom / l2e4m8

  • I think there are a few more landmarks yet to reach before the dollar completely fails. Just know that if you play against the dollar you face the "possibility" that you might end up having to barter and deal under the table. With their dying breath politicians and lawmakers will easily place blame on minority groups, such as people who hoarded gold & silver and bought stocks denominated in foreign money. They will be soo dumb as to pass laws to punish you for protecting yourself.

    my .02

  • There'll be legal and social penalties for "hoarding" food, too.

    Remember the grasshopper and the ant. You're the ant. Only this time, Uncle Nanny is on the side of the grasshopper. Or should I say, locust. ='[.]'=

  • Yes, however keep in mind the dollar would have collapsed if they had not of printed the money to give to the banks last year.

    America would have looked like Iceland if they had not of guaranteed freddie and fannie and AIG.

    Thus a systemic collapse they can not paper over will end the US dollar like it did iceland. That's all it takes.

  • so is this all new world order stuff?

  • Euphimisticly it´s called "special interest group" in finance or gov.

    You know it´s more like the Scoreceses & Gambinies, not really a closed group.

  • It's reality stuff.

    If you print money the less it's worth. See how easy it is to understand without added a agenda?

    New World Order is IMF becoming a world bank and the UN becoming a world government you pay taxes to and controls your life with laws that you do not agree with.

  • Well, at least in America we still have our guns and can go down with a fight. I love lost causes, once I know they're truly lost.

  • Some parks have rules and laws that apply to UN. Strange. Anyways, I dont see how the gov can recover. If they raise interest rates they collapse the system if they keep them low then we continue to compound debt. Its the People who need to show some control and stop spending. We also need to reorganize government and only vote for those who want reorganization. Every company in America has been required to cut the fat, its time for the buerocrats to join the unemployment line.

  • moooooooooooo.....

    cow noises

    before stampede....

  • ...hahahahahahaha!

  • I was thinking, more like Baaaa...

    Pass the parsnips. ='[.]'=

  • If the dollar goes bust like you say can you think how crazy your own town would get? I am sorry I just don't see this happening

  • The dollar will only go bust if the government continues to act as they are today. Once they change, the dollar can be saved.

    Right now it's full steam a head to hyperinflation. I'll let you know when they slam on the breaks.

  • no offense, but I just can't stand it when somebody uses the logic you just did. "i can't see it happening". Really? WHY? Because you can't imagine, or bring yourself to imagine, how life would be? What you would do? How you would survive? So, instead you just bury your head in the sand and keep saying over and over, "don't worry, i can't see this happening"? That is the only case that you won't see it happening b/c it is already happening friend. Could you imagine the twin towers falling?

  • People not being able to imagine it is why so much is going wrong in the US. They can't imagine that an ineligible candidate may have been elected POTUS; they can't imagine that Congress would actually sell us all out to a socialist form of government; they can't imagine that health care reform might actually result in rationing of care to the elderly... If you can't imagine it, you can't fight it.

    Anyway, when the market crashed in '29, it got crazy. Imagine it, nowadays. ='[.]'=

  • I can't imagine that.

  • So you believe that the world will indefinitely allow us to run up trillions in deficits to finance wars, Medicare, Medicaid, and Social Security? Sorry, I don't think they will. So when we can't continue to expand our debt, what do you think the consequences will be? Ludwig Von Mises described them decades ago as a "crack-up boom" ...it leads to the end of the currency. system.

  • EquilibriumTheory:

    Other than talk the talk what action has the government taken the make you think they will stop spending and return to fiscal sanity?

  • None. I think we are in agreement here. I was asking therealfreddyp why a crack-up phase is so unbelievable.

    Von Mises said "Continuous inflation (credit expansion) must finally end in the crack-up boom and the complete breakdown of the currency system."

    Von Mises has history on his side. To ignore history is simply willful ignorance by freddyp. PI am preparing for the crack-up phase

  • ...i just love watching my savings grow while sitting in a chair, relaxing, and enjoying life.

    btw, the cnbc heads looked a little spooked today. i always watch it on mute (the B.S. drives me crazy).

    freedom awaits us.

  • I only watch it on YouTube when Peter, Jim or Mark is on and the BS they tell the public is unbelievable.

  • Comment removed

  • spot plus 4.5%

    heavy..

  • DJ.....who knew? .......YOU knew!

    Thanks for the great research and reporting for those who care to listen in advance of desperate circumstances.

  • Thanks once again, for everything you do for us.

  • Yeeeee-Haaaaa!!!! Beautiful day to be a metals holder! :-D And where ARE those deflationists anyway? It's good to see you so happy Davinci; you look like a Buddha when you smile like that. :)

    Naturally the Arabs are denying the article, but to me that only means four things: 1) they are trying to save face, 2) the article was based on poor info/research 3) the article was based on disinformation or 4) the article was a means to force market events with it's publication (by an "invisible hand")

  • True or not, there are secret meetings going on about the dollar.

  • Oh I have NO doubts there are secret deals and meetings going on. I'd be very surprised if there weren't. Personally, I think that number one is the right choice. Like John is saying, the Arabs don't want to spook too many in the market while they still have so much invested in it (with the dollar/bonds). No, what they're doing -or were trying to do is to act covertly and slowly so as to maximize profits and also form a consensus since the US can't be at war with everyone (world).

  • AfterTheFox75:

    No doubt also there is a plan to make the dollar bounce once again so they can sell that rally. So although there are meeting on dumping it there are meetings on pumping it.

  • Ah, you're probably right there. It makes sense for them to pump/inflate as much as they can so as to make more profits for those top elites....but the big question is how much further can they go on doing that when other nations are dropping the dollar as soon as they can? Surely that flat tire called the dollar can't be patched any more and will have to be replaced.

  • AfterTheFox75:

    The market, has this feature that allows individuals to leverage this causes them to create wide swings in assets including the dollar.

    Thus you can bet you bottom silver dollar that after a big drop in the dollar it will jump back up fast.

    It's end is inevitable though.

  • Right. I get cha. I just still wonder at how long they can keep the game up. Have you seen the latest vid from fal2grace? The rise in gold and imminent death of the dollar actually made it onto MSNBC! -Isn't that the network of Cramer?! Man, if the truth is getting that far, then you know it won't be long now before things blow.

  • I have a question. As long as the US still takes dollars the dollars will have value. There is no doubt that the US can build and create some of the best technologies and machinery in the world. The dollar therefore will not ever go to zero as long as our country accepts it. It will drop, but not zero like some want to believe. Normal everyday people dont import export but the stores where we shop do. The value of the dollar will be part of the basket. I am considering Euros for hedge too

  • What causes a currency to go to zero is confidence. Confidence that if you sell item a for $10 and production cost is $9, confidence that you can make a long term contract based on those numbers.

    Without confidence no item has value even gold.

  • So the true question is not value going to zero but confidence. US will never have a zero confidence level unless we are all killing eachother. It wouldnt matter if our US currency was spray painted bullets. I just think people need to understand that. Thanks for the Reply D.

  • Well actually the question is what causes loss in confidence? How about when the market is flooded with it?! Yeah bushels of cash make it possible for people to manipulate everything and that is why people lost in real estate and lost in the stock market. Too many dollars. But if you buy metals you have a store of wealth. They can go up and down but they don't go to zero because they exist as a hard asset. will at east double over the next 3 years.

  • So give me an example of how you would pump it? I just don't see how without investing in it.

  • The easiest way to do it is lip service, mmm... I have not seen that interesting.

    Then there is currency swap with a low interest rate currency to buy USD when short sellers have gone all in. A big enough bounce if timed right can help unwind your plot and allow you to sell more dollars at a profit.

    Your only problem is other central banks, thus a coordinated agreement must be made and planned out. And you know what they say about honor amongst thieves.

  • It is so refreshing to see another economic conservative or libertarian of African descent.

  • But your right- inflation should be coming. And the founding fathers were not perfect people by far- no one is- but they new a few things about history. Jefferson I think said one of my favorite quotes which is "paper is not money; it is the ghost of money."

  • USA Today, LMAO. On the front page news they are hyping up the Swine Flu -- it actually said that HALF of Americans have reported Swine Flu (?????) Then there was a little note from the vendor saying that they "clean the handles for the newspaper machine every day to prevent Swine Flu." LMAO. As if people with Swine Flu are going to just go out and buy newspapers and "contaminate" everything.

  • Hey, they should plate the handles with silver, given it has natural antibacterial properties. Then I'll steal those handles. LOL

  • Shitty deal is i bought silver almost a year ago at $12 and $14 but my CND dollars were worth 3/4 of the USD, oh well

  • Back in June I was expecting huge moves upwards in July. It took a few more months than I expected to get to this point.

    Right now I'm watching for gold to reach $1100/oz. I figure that once we hit that price we could see an $80-$90 move in one day that could spark the major breakout that all the gold and silver bugs have been waiting for.

    Don't wait anymore if you've been hesitant. I feel we're closing in on the time to max out on our gold and silver positions.

  • i love my paper dollars. see? they have pictures of presidents who specifically opposed central banks! they make me feel patriotic! andrew jackson, abe lincoln fought the central bankers, so paper money must be constitutional tender! i love the system: dont let it collapse! that would brak my fukcing heart.

  • The face on the "King of the Federal Reserve Notes" (100,000 dollar note) is Woodrow Wilson! Of course he was bestowed with such an honor by the Fed Bank for all the great work he did for them while screwing us and the rest of the world all at the same time.

  • oh I know they did that on purpose. Only a few exist and are used between banks...

  • lots of irony of Fed notes...that's for damn sure...

    almost like they are making fun of the people holding it....

  • I wish I had some 1/10 oz-ers of Gold. They could come in handy:)

  • I have quite a few of them. I like the small coins, they will have higher premiums once the fools rush in.

  • NOOOO! i dont want the federal slave unit to implode! i love working at shittly dead end jobs and never getting ahead... i love my mundane existence as a wage slave working for the banks!

  • LMAO, yeah me too, I just love working all my life just to barely pay the government taxes and creditors. What a life huh? Wow. To think most of us have been living these lives of "quiet desperation."

  • great day for silver bugs...

  • Apparently, the article this video is based on wasn't true. The countries who apparently were reporting this have said they never did.

    Google "Will dollar be replaced for oil pricing?"

  • Of course they're not going to admit that such a plan is exists. These were all secrect meetings. They want to be the first ones to dump their dollars before anyone else beats them to the exits. Max Kaiser's contacs have confirmed the plan. Watch Max's video linked in the sidebar.

  • drutter - if they came out and said it was true the dollar would collapse overnight.

    when you are planning on selling something you own on the market - you do not let it be known until AFTER you've sold it... that is - if you want to get maximum returns.

    The author of the article did a YT vid stating that he was told by an insider that people will know its true when the denials come out in full force.

  • Yes, Yes, it's not true. The dollar is valuable they will keep taking more and losing purchasing power they don't mind. They liked losing 15% since march on their money's purchasing power.

    America can print away and everything will be find, in fact the dollar will go up.

    -Sarcasm-

    You think it's not a stretch of the imagination that their are secret meetings on how to best exit the dollar going on around the world?

  • Everybody knows there are secret meetings.

    My point is that there was one article saying it happened and one that says it didn't. And we (the gold bugs) only believe the one that says it happened. The fiat bugs only believe the one that says it didn't happen. Coincidence? No.

    Nice strawman argument there J. You are well known on YT for that. It's why people don't like to debate with you - because you debate dirty. Even with people who share your opinions! Oh well.

  • Drutter

    OK, no strawman then.

    Your previous statement was not argument but a statement of fact that the article was denied with no other comment. This left people to assume you agreed that no such meets ever took place.

    You have now stated that was not your intentions and deleted the comment. The sarcasm was in fun because I know you buy gold and silver but others reading your now deleted comment may not.

    So take the stick out and laugh. :)

  • I'll laugh J, no worries there. But I didn't delete the comment I left. As for it being simply a statement of fact and no other comment, such as my opinion, you're right. I preferred to simply give the facts and let others decide what to do with them.

    I wonder where my comment with the link went?

  • what are your thought on .90 silver coins like kennedy and franklin halves or even Morgan dollars. Or is it better to go .999 like silver eagles?

    I allready have alot of of .90 coins and want more what do you think i should get for myself?

  • @limitedplay

    Both are great. Get some of each!

  • great i just wanted to make sure the 50 lbs i have under my bed arent worthless if the worst case happens.

    Im going to be stupid and wait until the 25th for more silver. Or I should say wait for a pullback until then and hope I get one so I can get back in this.

  • They are all good but I personally believe that Eagles are the best buy because the American government will stop making them shortly after the silver shortage becomes mainstream news.