Added: 2 years ago
From: keithholden
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  • dude this will take forever

    you have to look at the year and the silver content and the denomination.

    And its worth is like always changing...

  • barter system here we come! i'm gonna grow 100 pounds of marijuana...

  • Pretty soon gold and silver also will be worthless as there is not to much you can really do with gold or even with silver, shure you can make cool stuff out of gold and silver but thats as far as it gets. No gold or silver will ever grow and reep a crop field for you, my point is this will have to happen for a while but real soon everything will be on item trade once agien.I TRADE YOU MY POTATOS FOR YOUR GAS...

  • @mystic81006 Silver is an essential industrial metal, not just a precious metal. It is used in almost every piece of electronic equipment. Renewable energy technologies such as wind turbines and solar panels also require silver in their construction. Very little silver is even recycled, most is used in industrial production... I think you are mistaken...

  • @MrDbailo This might be,but when thing getreal bad no one will care for anything like you just stated,none of it,What do you think people will want to even want a pc when there is no real electricity? Do you think the worlds electricicity will last much longer the way we are using coal up? Do you think there is even a chance that we will need gold when all we will care about is food? We are already in a drout in colorado and people are getting ready to sell off alot of there live stock from it.

  • @MrDbailo You cant drink your cows with silver if the dollar goes bad,You cant eat gold if it is worthless,shure we have wind turbins and they work ok,and we also have solor but in the end, if thease idea trullyworked as well as coal we all would be using wind for electricity. Most wind turbines dont produce electricity for much at all.So when we use up all our recorses then we all will care less for gold and silver unless we want to make something out of it that is worth something.

  • @mystic81006 You are correct in stating that precious metals are rarely a source of value in a basic barter system economy (unless accepted as valuable or accepted as coinage). If a situation occurs where electricity is widely unavailable and electronic equipment is scarce, then silver will play a negligible role in society... If not, it will be highly demanded in industrial use

  • @MrDbailo You are right about that, but in a case to case living scenario I figure this, most all people will panic and most food supplys will be wiped out and no trading will be done at all with gold nore silver unless its to the people who make thease electric devices,wich will be very few. Most farmers will only accept trade like in the 1800's. Unless we find a way to use energy to make real food out of thin air,lol, this would be cool.I would buy a electric food maker.

  • this is only the start

  • Comment removed

  • this is cool, i know most want to keep it, but there may very well come a time soon that you will have to use it. that is the point of hoarding it right now.

  • Thats cool but i want to keep my silver.

  • Well lets see if they made 20 dollar silver pieces with the purity of the silver being higher. It would make sense now would it not? Paper is worth very very little. To trade your house or car for paper is nothing but stupid. It does nothing.

  • think about it, we use the face value of paper federal reserve notes and their intrinsic value is zero. so if gold is $2000 and ounce (to make the math easy) and you buy a $20,000 car, the car dealer could take $19,500 less for the car and take a loss, your sales tax is sales tax on $500 purchase, and everyone actually gets their value for the purchase but the taxman gets cut out

  • @carlokrenzelak Or how about a $300/wk salary paid in $50 gold eagles.

  • This is the future of BS. Who would carry 10 lbs bag of silver around. You just proved you are full of SHIT. I am sorry, it's just make no freaking sense taking 10 minutes just to have a transaction.

  • @bigbrightsky I am fos for saying I would take a salary of 6 gold eagles a week if it were offered?

  • the part left out is that the intrinsic value of the silver is used in teh purchase, but you can use face value for accounting purchases if you use actual legal money like these coins or eagles. so if you pay someone with a $50 gold eagle for tax purposes it is a 50 dollar transaction but the intrinsic value of the gold is way more. this is why gold and silver is the money of the elite, it is a tax hedge. and it is perfectly legal to use the face value of legal money like eagles.

  • Excellent video. Thank you.

  • always has to be an Asian (Chinese?) to start this initiative! Good on him!

    Historically it was the Chinese who invented fiat money (Emperor Wang Mang) 2000yrs ago - enforced government confiscation of gold in exchange for 'fiat' bronze tokens. Paper money was invented 1000yrs ago by the Chinese also.

  • no problem to carry gold/silver and a gun in Florida! Concealed weapon permit is the key my friends! One world government is just around the corner with the RF chips on you!

  • do not sell your silver and gold...

  • its evident you do not know what monoatomic white gold powder is. its gold in its purest form

    you must understand this.

  • He got screwed if he payed taxes!!!

  • and those are just 40% and 90% coins. better for continued use (pure is very soft), but not marked with content or weight. imagine how easy it would be for eagles and maple leafs which have percentage and weight on them to be used by regular people, and for pure silver to be used by jewelers. Having a dollar value stamped on the coin is actually a disadvantage, 'cos it causes calculation difficulties and many institutions will not take above face value for them.

  • Who Want's To lug Around Bags Of Gold? We Would Need To carry A Gun...

  • If you're talking gold, that's very small amounts for large transactions. I.E $1100 for 1 oz of gold today.

    Silver is heavier, but we're still only talking a few onces (a few maple leafs a little larger in diameterr than a quarter) will buy a weeks worth of groceries.

    Not to mention, those will good reputation and decent amounts of pure silver/gold will be able to act as small banks, and keep the local economies and barters going. This is how america functioned during the 30's.

  • @hjkmia

    And?

  • @hjkmia you already need to carry around a gun. if you want america to stay america.

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  • He makes a valid point...

  • Who would this get George taken from youtube?

  • Great video save for george4title!

    Thanks for posting!

    Peace first!

  • This could be our future

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