When the US made silver the standard dollar, she (the US) gave silver more weight than it had with only Spain coining it. What would happen if the US went back to the Constitutional definition of the dollar?
i found palladium materials in a form of bars weighing 25 kilograms each here in the philippines since the japanese buried it in our country we could backed on 1940s. can i ask your favor if you could find markets on this. please email me at jrjoboxs@yahoo.com. around 200 pieces available in our hand. this is non magnetic materials. i have pictures please give me your email address so i could send you latest photos of it
this man has zero understanding of 1,000's of years of gold & silver ratios & what happens when empires fall. - in stabile times it can be 104 to ONE - in turmoil times it reaches 52 to one when an empire collapse is coming - WHEN collapse occurs and man made currency of the empire fails it then reaches 16 to ONE - $3200 Gold is coming soon - and so is $200 silver, when the dollar is no longer the reserve currency and the dollar fails followed by the collapse of America as a world superpower
Yes, I have been thinking, what is the indicator to sell? The price ratio? The physical supply is a factor that I dont know how to calculate in, and I cant decide how important that will be in the future.
Andrew Jackson Is my favorite president. He's the only president who had the balls to go up against the central banks and pay off our debts if I'm not mistaken.
this chart is amazing to begin with! over a period of several hundred years what inventions have we had since the turn of the century? haha! youre so money!
brady here..ill have to add that to my reading list, good stuff and it was nice meeting you the other day. it was nice the share some ideas with liked minded people.
Silver will go crazy on currency crisis!! I think. Silver is an investment for the long term or a hail mary pass when the US feels the true cost of the stimulas...
@felixdov it's not. Carbon nanowires are the best conductors. Higher amperage, higher temperature tolerance. They can carry a current that would vaporize copper, silver or gold and it's just carbon. Like a graphite sheet wrapped into a cylinder.
You know, we average people are not central banks. We dont need to be dealing in gold. If you need to go shopping, you arent gonna have someone a gold coin. You can give them silver. In some places in california you can literally do grocery shopping with silver/gold bullion. Silver will get'r done.
@labartic In America, only briefly in California (during the gold rush) did people use gold coins for commerce - they held paper notes which represented gold, which of course turned into a system of abuse where the paper now represents debt!
When silver stopped being traded as a currency and just as a commoditiy as far as I am concerned, the historical ratio ceased to be relevent.
Whilst silver is still treated by the layman as money, it's biggest value lies in it's commodity value.
Now just as silver has lost value as a money vector, there is a huge Black Swan event that isn't a Black Swan event looming (in that long term silver investors KNOW it's coming - they just don't know WHEN). That is PHYSICAL SHORTAGE!
@Austacker silverstudy (2 people, 1 channel) did a video about the historical ratio. It was mandated by law, not by markets, so it has no factual relation to the supplies then available nor available now. That's not my opinion, that's theirs. Just advising someone out there does have an alleged basis for a claim of this nature. The one bullish usage of silver I see is heating/AC solder uses. Big time.
What kind of transactions do you mean? Central banks and big money players shuffling around gold does'nt make it everybody's money. Its just rich peoples money. Silver is real peoples money. Look at history silver has been used more often than gold. Its all about semantics i guess. To me though, Silver is the populist money, i guess it depends who you are rooting for. The main criteria for money is that it can be used easily in small everyday transaction. Silver beats gold by a long shot.
@TheNick487 it's like this. If you're not rich you can use $5 but you won't use $1000 bills. (ok, they did exist, I've seen stacks of them, but apparently they're out of circulation now, just roll with this). The rich people, the businesses, that can use the big bills can also use the small ones. They are not restricted as you are. That means if you have the option to use the money they use, you won't get yanked so hard when they do yank. They only hurt themselves by hurting gold.
@TheNick487 yes, gold has been the money of banks, the rich and kings, silver has been the money of the people historically. But I can get in on their game also with gold coins.
I have read that during the Weimar Republic hyperinflation it was silver that managed to save the bacon of many Germans as they could use it to buy & sell.
"Stimulus false recovery" will be morphing into hyperinflation over the next 5-10 years. Both gold and silver will be great. Impossible to predict the black swan events so just keep averaging in. When the man on the street is lined up to buy, I'll consider selling.
sell everything you own..gold, silver, house, any possessions and put a gun in your mouth........this world really isn't worth living in.....the next one will probably be alright
you should gather the youtube community together and explore a mass suicide all on camera
@KarlBrkr in physical assets at that time I'd say highly reliable water filtration systems and some good land for living on, and off of. With the coming resources boom due to this bull right now, you can expect massive increases in water consumption and contamination from various mining operations, from tar-sands processing (in the north in my nation). I'm also hearing good things about natural gas, maybe even... natural gas cars. Not sure but ...
@stellaconcepts I would like to know how much of technical analysis splits along the lines of visual-only patterns vs math-oriented patterns. I figure like in school if one can't show the work then there's some extra questions to follow about where the answers come from. How many failed patterns form, and can they disprove the utility of a given pattern-image? Can time-frames be pegged from these patterns accurately?
What worries me about gold is that, like you mentioned in a previous video, almost all of the gold ever mined is still in existence today. And central banks hoard gold. So that leaves it very vulnerable to manipulation because a rogue bank can suddenly flood the market with gold, bottom out the price and then buy it back at a cheaper rate. Who has silver reserves? Answer. NOBODY.
@nanabijou62 actually I think they pretty much already did that. And leased gold so they could claim it twice without it actually existing. That's a sign of desperation and shortage. You can't win by sellng to bottom and re-buy any more than you can do that with stocks. If others sell that's another story from an inductive chain-reaction but it doesn't work unless lots of people held physical gold to begin with. Guess what? Lots of people didn't.
@eatandtravel In my view, silver has the potential to once again be money. At the moment, no. But I am accumulating it as a way of preserving purchasing power. As a non perishable commodity so to speak. Unlike paper stocks or trading cards or oil paintings it will always have intrinsic value PLUS the value of a commodity in demand.
What you are saying is different from what you mean. You need to say what you mean, then we can understand you better, other than that, you are confusing yourself and us. Silver is money, just because they say it is not, doesn't mean so. You have to be a fool to not believe silver is money.Have they have manipulated you into believing the lie? Those are their charts(manipulating tools), not your charts.
How did you came up with 5-6 ratio for Pl and Pd ? There is internet "fact " of them being 30X rarer, but when you look at mining numbers, both produced at abou 8 mil. oz per year, while gold stands at 80 mil. oz
@rytis1 The ratio of them in the ground vs gold and the ratio of what has been mined vs gold mined are different... if you have a good link that shows what is above ground, I will show that.
LOL! I see a lot of comments expressing their views in "technicalities". It's really not important whether you consider it money or not. "Just buy some and make some money." These views really aren't important. The fact is, people want some! (What ever it is)
Gold: A highly desired yellow metal, it can make people happy, it draws women like a magnet, makes women say they love you, can buy you love(LOL)it attracts young women to old ugly men(like me), it can get you to the front of the line. :>)
A rush to commodities can leave some over priced, others priced out... so never invest more than you can afford to lose
Where is Clint Eastwood "Dirty Harry" Do you feel lucky?
At times I get the feeling the true inflation is measured in precious metals, not dollars. If silver is suppressed who gains? If gold is over valued, who gains? If we all had a 20 year head start we could all retire to our paradise, I wonder what the next 20 years will bring. Imagine holding 10% of the supply of Ag & Au
Look, didn't even MENTION the "D" word (Davinci). SF is one tough MoFo, staying on topic. Unshakeable. Outstanding educative (yes, thats a word!) material.
Gold is not "money" "money" as you put it as the gold standard was takin' off which means that gold was no longer accepted for trade on international markets a few years ago.
If I get the car fixed and the bill comes to $1,150 USD and I hand them a 1oz coin there is a good chance they will refuse it where Money is paper and digital dollars. That is because it is accepted.
However my question is for how long will it be accepted
@silverfuturist hopefully some more patterns will intersect each other soon. Mike Maloney said it's very hard (not in those words) to put prices and dates together. I think Jim Rogers implied the same thing. But the math does permit this to happen sometimes. I hope it's of some use, I sent my entire gold model spreadsheet to endlessmountain so perhaps he'll be able to re-use the math in it to find some more interesting patterns to let everyone know about.
@silverfuturist I hope to make my own videos soon to clarify what the model does and does not do, and to further take the error levels calculated and put bands around the graph line. It would look much like the Bollinger Bands charting indicator many sites offer, but the central line would not come from the same kind of calculation (that one is a moving average)
@endlessmountain Hi mate, I like your vids a lot and am a subscriber. However, I believe gold is money and paper is just currency :-) Gold and silver have been money for thorusands of years, well before paper currency came into use. Gold and silver can be used as a medium of exchange in many places and converted to currency quite easily. If someone refuses to take a gold coin does not mean it is not money at all. Mike Moloney explains this well in his book.
@liveforever72 That is why I made the vid "Investing in Real Assets" in '09. Because my views on MONEY as auto acceptance should change. In reality anything that can be bartered is money and therefore buying 1,000 pens at a cheap wholesale price is an investment for this can be traded.
Gold has been money for thousands of years and for more than thousands of years we thought the world was flat. Things will never stay the same on a macro level. I am not bullish on gold for 2020 + beyond.
the stock market is of course manipulated and so are the PM's market hence the reason most of us are buying Physical Gold&Silver coins.However the silver market is more manipulated than the gold stocks are which is the reason why the Chinese Gov. suddenly started offering Silver bullion directly in the Banks to customers and the same day they Banned all exports of silver.
The Chinese are also aware the silver market is deeply manipulated and are sure it's about to end in July/August said Webbot
here's a few of the latest Web bot reports,I can't remember which one warns of the PM's market exploding at the end of July/August but i'm sure it's one one of these videos.
All the Web bot videos are in my favorites on my channel,good luck Bro!
and by now!..AMPEX has 4 day special right now on silver at $0.77 over spot!!
This is a great video because people also need to do there own research on everything they do. History does repeat itself but today is way different. Back then, they didn't have credit cards or derivatives. I think the ratio may get as low as 10 to 1 because Silver is an industrial item and must be needed these days with its limited supply. It may even get to 5 to 1 ... or 1 to 1, that be crazy but that what I see at the end of the decade.
Joe, you oughta be on CNBC! In the "what is money" debate, maybe we should substitute with the word "currency". To me, currency is whatever is generally (currently) accepted as "money", and it also represents the "current" (as in a river current), which is generally regulated by its "banks". Sometimes we have floods, sometimes we have drought. The trick then lies in predicting how much "precipitation" we'll get, don't it?
@asbestosicould Thanks! Yes, currency is the things running through our hands. On the gold standard, a paper representation of gold ran through our hands, while the actual gold was in Fort Knox. It is all still there, right? Right?
@silverfuturist LOL Nobody (at least none of us) knows what's in Fort Knox. For all I know, it could be the carcasses of aliens who perished in area 51;) All I'm saying is that this is a really old game we play, and we can't predict the "weather", 'cause we don't control it. The central banks do.
@doobsta They manipulate markets within the framework of technical analysis... the sophisticated programs edge up or down the price at key points of support from what I gather.
If they look at a chart and they know everyone is going to go long at a certain pricepoint "X", that may be exactly when they collude to take the price down hard so it never makes it to "X" price point.
@doobsta no, they pump the market up on purpose to bring in sheep who buy as prices rise instead of dip. They wait for the option expiry strikes. Then they smash the price down long enough to ensure all the options are expired. Then they can let the price rise up on its own. They can lose money doing this. JPMorgan, doing this, then gets profits in kickbacks as printed US Fed money as their fraud-monkey-servant.
@silverfuturist no, they do much more than that. They read off all the intended sales and make projections of precise patterns of split-second buy/sell profit/loss and use AI to predict the series of buy & sell volumes to use to gain profit yet keep the market from being controlled by anyone else. Technical analysis in the human-video non-mathematical form we've seen commonly on the tubez doesn't cut it. There are no support points. None.
@silverfuturist or rather, to be more precise, for each moment in time of the desired resolution a particular goal price can be calculated, and a list can be built, but this won't be any single line, curve or point. It will be a list of prices just like looking at another regular chart, seemingly noisy, but in relation to the account-holder's positions will yield profits (which of course is why so much has to be secret about the code of Goldman's toy!)
The whole breakdown of value into money vectors and commodity vectors is fascinating - it explains so much of the price movement of the various metals.
When the US made silver the standard dollar, she (the US) gave silver more weight than it had with only Spain coining it. What would happen if the US went back to the Constitutional definition of the dollar?
senses2000 4 months ago
no gold or silver with hit the price for a simple bottle of clean water in the future. . .
Coomesification 5 months ago
Nice hair Joe.......Hahahahaha
rtydingco 8 months ago
i found palladium materials in a form of bars weighing 25 kilograms each here in the philippines since the japanese buried it in our country we could backed on 1940s. can i ask your favor if you could find markets on this. please email me at jrjoboxs@yahoo.com. around 200 pieces available in our hand. this is non magnetic materials. i have pictures please give me your email address so i could send you latest photos of it
jrjoboxs 9 months ago
Man, such a good video!
lilbromarky1 11 months ago
@silverfuturist silver is a good invest ment, cause silver is going up, like in a year or 2 i think silver will be $100 an ounce
cred1616 1 year ago
this man has zero understanding of 1,000's of years of gold & silver ratios & what happens when empires fall. - in stabile times it can be 104 to ONE - in turmoil times it reaches 52 to one when an empire collapse is coming - WHEN collapse occurs and man made currency of the empire fails it then reaches 16 to ONE - $3200 Gold is coming soon - and so is $200 silver, when the dollar is no longer the reserve currency and the dollar fails followed by the collapse of America as a world superpower
charles43110 1 year ago
Yes, I have been thinking, what is the indicator to sell? The price ratio? The physical supply is a factor that I dont know how to calculate in, and I cant decide how important that will be in the future.
brizzlekizzle 1 year ago
your information is awsome.... you are in my eyes a genious. . may god bless you for all the truth you share
7jimmy777 1 year ago
Andrew Jackson Is my favorite president. He's the only president who had the balls to go up against the central banks and pay off our debts if I'm not mistaken.
Silverbuzzsuccess 1 year ago
gold is "money money"
i like that conclusion !!!
milxl 1 year ago
Fantastic video mate. Keep it up!
FinancialTraffic 1 year ago
Many have probably heard this before, but it bears repeating:
Gold is the money of kings; silver is the money of gentlemen;
Barter is the money of peasants; but debt is the money of slaves.
sizzlot 1 year ago
this chart is amazing to begin with! over a period of several hundred years what inventions have we had since the turn of the century? haha! youre so money!
pookypoo77 1 year ago
@pookypoo77 Thanks! You are money also, sound money!
silverfuturist 1 year ago
brady here..ill have to add that to my reading list, good stuff and it was nice meeting you the other day. it was nice the share some ideas with liked minded people.
nieldsb 1 year ago
@nieldsb Nice meeting you also Brady - thanks for letting me know who you are!
silverfuturist 1 year ago
Thanks! That was a great comparison of the metals at the end of your video.
JDLindskog 1 year ago
This has been flagged as spam show
here's three videos and they all mention silver in the future according to the Web bots.
" 4/24/10 P 6/8 Webbot Clif High with Mel Fabregas at Special Veritas Show "
/watch?v=KeTqX_Ro6wg
"p4/8 4/20/10 Webbot Clif High on One Radio "
/watch?v=YQvsHMfGKPw
"p5/8 4/20/10 Webbot Clif High on One Radio "
/watch?v=FsqVgc8wNcg
enjoy !
connectingdots1 1 year ago
Great video, thanks!
facethesouth 1 year ago
Silver will go crazy on currency crisis!! I think. Silver is an investment for the long term or a hail mary pass when the US feels the true cost of the stimulas...
toshibavoodoo 1 year ago
Great stuff! :)
Airave 1 year ago
So the $ is real money?
Silver is the best electrical conductor in the world... that is a real quality...
Good work
felixdov 1 year ago
@felixdov it's not. Carbon nanowires are the best conductors. Higher amperage, higher temperature tolerance. They can carry a current that would vaporize copper, silver or gold and it's just carbon. Like a graphite sheet wrapped into a cylinder.
ytgv3fc7 1 year ago
@felixdov The $ is real currency, made out of fake money!
silverfuturist 1 year ago
You know, we average people are not central banks. We dont need to be dealing in gold. If you need to go shopping, you arent gonna have someone a gold coin. You can give them silver. In some places in california you can literally do grocery shopping with silver/gold bullion. Silver will get'r done.
labartic 1 year ago
@labartic In America, only briefly in California (during the gold rush) did people use gold coins for commerce - they held paper notes which represented gold, which of course turned into a system of abuse where the paper now represents debt!
silverfuturist 1 year ago
When silver stopped being traded as a currency and just as a commoditiy as far as I am concerned, the historical ratio ceased to be relevent.
Whilst silver is still treated by the layman as money, it's biggest value lies in it's commodity value.
Now just as silver has lost value as a money vector, there is a huge Black Swan event that isn't a Black Swan event looming (in that long term silver investors KNOW it's coming - they just don't know WHEN). That is PHYSICAL SHORTAGE!
Austacker 1 year ago
@Austacker But don't tell everyone cobber...I'm not done stacking yet :)
OzClawhammer 1 year ago
@Austacker silverstudy (2 people, 1 channel) did a video about the historical ratio. It was mandated by law, not by markets, so it has no factual relation to the supplies then available nor available now. That's not my opinion, that's theirs. Just advising someone out there does have an alleged basis for a claim of this nature. The one bullish usage of silver I see is heating/AC solder uses. Big time.
ytgv3fc7 1 year ago
@Austacker If it all happens at once, as in the Comex busting, that could be a black swan event.
silverfuturist 1 year ago
What kind of transactions do you mean? Central banks and big money players shuffling around gold does'nt make it everybody's money. Its just rich peoples money. Silver is real peoples money. Look at history silver has been used more often than gold. Its all about semantics i guess. To me though, Silver is the populist money, i guess it depends who you are rooting for. The main criteria for money is that it can be used easily in small everyday transaction. Silver beats gold by a long shot.
TheNick487 1 year ago
@TheNick487 it's like this. If you're not rich you can use $5 but you won't use $1000 bills. (ok, they did exist, I've seen stacks of them, but apparently they're out of circulation now, just roll with this). The rich people, the businesses, that can use the big bills can also use the small ones. They are not restricted as you are. That means if you have the option to use the money they use, you won't get yanked so hard when they do yank. They only hurt themselves by hurting gold.
ytgv3fc7 1 year ago
@TheNick487 yes, gold has been the money of banks, the rich and kings, silver has been the money of the people historically. But I can get in on their game also with gold coins.
silverfuturist 1 year ago
You are a great teacher.
exquisiteinvestment 1 year ago
@exquisiteinvestment Thanks!
silverfuturist 1 year ago
I have read that during the Weimar Republic hyperinflation it was silver that managed to save the bacon of many Germans as they could use it to buy & sell.
Liam1304 1 year ago
@Liam1304 Yes, silver did quite well during that hyperinflation... and gold went ballistic.
silverfuturist 1 year ago
"Stimulus false recovery" will be morphing into hyperinflation over the next 5-10 years. Both gold and silver will be great. Impossible to predict the black swan events so just keep averaging in. When the man on the street is lined up to buy, I'll consider selling.
HysteriaDLX 1 year ago
Photoshop, lol!!
Thanks for the links. I'm gonna have the check that out. Gotta learn what I can.
JOHNNYH8STHENWO 1 year ago
sell everything you own..gold, silver, house, any possessions and put a gun in your mouth........this world really isn't worth living in.....the next one will probably be alright
you should gather the youtube community together and explore a mass suicide all on camera
HumanAccount 1 year ago
always an education.....:-)
skybirdbird 1 year ago
Best time to sell will be when Dow & Gold ratio are pretty close to 1:1.
Then get out of Gold/Silver and invest in real estate or Dividend paying stocks.
KarlBrkr 1 year ago
@KarlBrkr in physical assets at that time I'd say highly reliable water filtration systems and some good land for living on, and off of. With the coming resources boom due to this bull right now, you can expect massive increases in water consumption and contamination from various mining operations, from tar-sands processing (in the north in my nation). I'm also hearing good things about natural gas, maybe even... natural gas cars. Not sure but ...
ytgv3fc7 1 year ago
The chart you showed says to me that when the masses panic, they buy gold first.
drutter 1 year ago 4
@drutter Yes - gold appears to get bought first, and then silver takes up the rear.
silverfuturist 1 year ago
@silverfuturist
I SO want to twist that around a little and make it dirty, but I think you did a good enough job at that, so we'll just leave it there. :D
drutter 1 year ago
@drutter lol dirty minds think alike
westwaytv 1 year ago
@drutter If you consider technical analysis on that GOLD:SILVER chart, then you have what we call a double top.
So from a PURE technical analysis point of view, silver will continue to outpace gold... rationally speaking.
(not that I necessarily agree - that is a pure TA analysis)
stellaconcepts 1 year ago
@stellaconcepts I would like to know how much of technical analysis splits along the lines of visual-only patterns vs math-oriented patterns. I figure like in school if one can't show the work then there's some extra questions to follow about where the answers come from. How many failed patterns form, and can they disprove the utility of a given pattern-image? Can time-frames be pegged from these patterns accurately?
ytgv3fc7 1 year ago
What worries me about gold is that, like you mentioned in a previous video, almost all of the gold ever mined is still in existence today. And central banks hoard gold. So that leaves it very vulnerable to manipulation because a rogue bank can suddenly flood the market with gold, bottom out the price and then buy it back at a cheaper rate. Who has silver reserves? Answer. NOBODY.
nanabijou62 1 year ago 7
@nanabijou62 actually I think they pretty much already did that. And leased gold so they could claim it twice without it actually existing. That's a sign of desperation and shortage. You can't win by sellng to bottom and re-buy any more than you can do that with stocks. If others sell that's another story from an inductive chain-reaction but it doesn't work unless lots of people held physical gold to begin with. Guess what? Lots of people didn't.
ytgv3fc7 1 year ago
@nanabijou62
In your view, silver is money?
eatandtravel 1 year ago
@eatandtravel In my view, silver has the potential to once again be money. At the moment, no. But I am accumulating it as a way of preserving purchasing power. As a non perishable commodity so to speak. Unlike paper stocks or trading cards or oil paintings it will always have intrinsic value PLUS the value of a commodity in demand.
nanabijou62 1 year ago
my opinion is that silver got hit really hard in 2008 b/c of JPM. Those days are over. Just my 2 cents
ksabin711 1 year ago 2
@ksabin711 Palladium, copper, nickel, etc got hit worse than silver in 2008. JPM is helping it be kept down with their naked short position.
silverfuturist 1 year ago
What is the ISBN of the Jackson book? Looked it up on amazon and couldnt find it. Thanks. or the author. thanks again
zappos49 1 year ago
@zappos49 1-56852-436-6
silverfuturist 1 year ago
Good topic thank you for the vid
THESHADOWATCHER 1 year ago
What you are saying is different from what you mean. You need to say what you mean, then we can understand you better, other than that, you are confusing yourself and us. Silver is money, just because they say it is not, doesn't mean so. You have to be a fool to not believe silver is money.Have they have manipulated you into believing the lie? Those are their charts(manipulating tools), not your charts.
kbdory 1 year ago
I am glad to see another history buff. :)
RUBuyingSilver 1 year ago
How did you came up with 5-6 ratio for Pl and Pd ? There is internet "fact " of them being 30X rarer, but when you look at mining numbers, both produced at abou 8 mil. oz per year, while gold stands at 80 mil. oz
rytis1 1 year ago
@rytis1 The ratio of them in the ground vs gold and the ratio of what has been mined vs gold mined are different... if you have a good link that shows what is above ground, I will show that.
silverfuturist 1 year ago
great vid :o)
Gave you fonzi number 50 :o)
GuildF40 1 year ago
Gold and silver are acting like canaries in a coal mine.
davincij15 1 year ago
Gold is priced higher than the other precious metals because it is the most popular. Women certainly prefer gold jewelry to silver.
JOConnor100 1 year ago
Very good
larnem 1 year ago
LOL! I see a lot of comments expressing their views in "technicalities". It's really not important whether you consider it money or not. "Just buy some and make some money." These views really aren't important. The fact is, people want some! (What ever it is)
Gold: A highly desired yellow metal, it can make people happy, it draws women like a magnet, makes women say they love you, can buy you love(LOL)it attracts young women to old ugly men(like me), it can get you to the front of the line. :>)
WhyMeWhySilver 1 year ago
Good video. Smart shirt.
BEGOODTOYOURDOG1 1 year ago
Do you own Due Diligence!
Hendo1974 1 year ago
A rush to commodities can leave some over priced, others priced out... so never invest more than you can afford to lose
Where is Clint Eastwood "Dirty Harry" Do you feel lucky?
At times I get the feeling the true inflation is measured in precious metals, not dollars. If silver is suppressed who gains? If gold is over valued, who gains? If we all had a 20 year head start we could all retire to our paradise, I wonder what the next 20 years will bring. Imagine holding 10% of the supply of Ag & Au
CTOL1 1 year ago
Look, didn't even MENTION the "D" word (Davinci). SF is one tough MoFo, staying on topic. Unshakeable. Outstanding educative (yes, thats a word!) material.
kensho3 1 year ago
the comex default is the next black swan event. when will it come? no one knows.
jonald77 1 year ago
@jonald77 SOMEone knows. ;-)
kensho3 1 year ago
Gold is not "money" "money" as you put it as the gold standard was takin' off which means that gold was no longer accepted for trade on international markets a few years ago.
If I get the car fixed and the bill comes to $1,150 USD and I hand them a 1oz coin there is a good chance they will refuse it where Money is paper and digital dollars. That is because it is accepted.
However my question is for how long will it be accepted
Were able to learn any tech analysis from me?
endlessmountain 1 year ago
@endlessmountain Your analysis made a lot of sense - but I don't know how to recognize the patterns and their significance.
silverfuturist 1 year ago
@silverfuturist hopefully some more patterns will intersect each other soon. Mike Maloney said it's very hard (not in those words) to put prices and dates together. I think Jim Rogers implied the same thing. But the math does permit this to happen sometimes. I hope it's of some use, I sent my entire gold model spreadsheet to endlessmountain so perhaps he'll be able to re-use the math in it to find some more interesting patterns to let everyone know about.
ytgv3fc7 1 year ago
@silverfuturist I hope to make my own videos soon to clarify what the model does and does not do, and to further take the error levels calculated and put bands around the graph line. It would look much like the Bollinger Bands charting indicator many sites offer, but the central line would not come from the same kind of calculation (that one is a moving average)
ytgv3fc7 1 year ago
@endlessmountain that depends on who you go to. I've traded car repairs for computer repairs, no cash involved.
ytgv3fc7 1 year ago
@endlessmountain Hi mate, I like your vids a lot and am a subscriber. However, I believe gold is money and paper is just currency :-) Gold and silver have been money for thorusands of years, well before paper currency came into use. Gold and silver can be used as a medium of exchange in many places and converted to currency quite easily. If someone refuses to take a gold coin does not mean it is not money at all. Mike Moloney explains this well in his book.
liveforever72 1 year ago
@liveforever72 That is why I made the vid "Investing in Real Assets" in '09. Because my views on MONEY as auto acceptance should change. In reality anything that can be bartered is money and therefore buying 1,000 pens at a cheap wholesale price is an investment for this can be traded.
Gold has been money for thousands of years and for more than thousands of years we thought the world was flat. Things will never stay the same on a macro level. I am not bullish on gold for 2020 + beyond.
endlessmountain 1 year ago
what % is your portfolio?
turboredcart 1 year ago
i think you hit the nail on the head. your freakin awesome joe. keep the videos rolling! thumbs up!
berryjs140 1 year ago
i did learn something, thanks!
MrSilverEye 1 year ago
the stock market is of course manipulated and so are the PM's market hence the reason most of us are buying Physical Gold&Silver coins.However the silver market is more manipulated than the gold stocks are which is the reason why the Chinese Gov. suddenly started offering Silver bullion directly in the Banks to customers and the same day they Banned all exports of silver.
The Chinese are also aware the silver market is deeply manipulated and are sure it's about to end in July/August said Webbot
connectingdots1 1 year ago
@connectingdots1 I want to see that Webbot report! I can't find the video on your channel.
silverfuturist 1 year ago
@silverfuturist
here's a few of the latest Web bot reports,I can't remember which one warns of the PM's market exploding at the end of July/August but i'm sure it's one one of these videos.
All the Web bot videos are in my favorites on my channel,good luck Bro!
and by now!..AMPEX has 4 day special right now on silver at $0.77 over spot!!
good luck / bonne chance everyone!
connectingdots1 1 year ago
@silverfuturist
here's three videos and they all mention silver in the future according to the Web bots.
" /24/10 P 6/8 Webbot Clif High with Mel Fabregas at Special Veritas Show "
/watch?v=KeTqX_Ro6wg
"p4/8 4/20/10 Webbot Clif High on One Radio "
/watch?v=YQvsHMfGKPw
"p5/8 4/20/10 Webbot Clif High on One Radio "
/watch?v=FsqVgc8wNcg
enjoy !
connectingdots1 1 year ago
This is a great video because people also need to do there own research on everything they do. History does repeat itself but today is way different. Back then, they didn't have credit cards or derivatives. I think the ratio may get as low as 10 to 1 because Silver is an industrial item and must be needed these days with its limited supply. It may even get to 5 to 1 ... or 1 to 1, that be crazy but that what I see at the end of the decade.
charlesfuchs 1 year ago
Joe, you oughta be on CNBC! In the "what is money" debate, maybe we should substitute with the word "currency". To me, currency is whatever is generally (currently) accepted as "money", and it also represents the "current" (as in a river current), which is generally regulated by its "banks". Sometimes we have floods, sometimes we have drought. The trick then lies in predicting how much "precipitation" we'll get, don't it?
asbestosicould 1 year ago
@asbestosicould Thanks! Yes, currency is the things running through our hands. On the gold standard, a paper representation of gold ran through our hands, while the actual gold was in Fort Knox. It is all still there, right? Right?
silverfuturist 1 year ago
@silverfuturist LOL Nobody (at least none of us) knows what's in Fort Knox. For all I know, it could be the carcasses of aliens who perished in area 51;) All I'm saying is that this is a really old game we play, and we can't predict the "weather", 'cause we don't control it. The central banks do.
asbestosicould 1 year ago
Fictitious manipulated markets where timed take downs are the norm, charting will not and does not mean anything.
For everything else it may be useful.
Of course, consider this...is there a market today where blatant manipulation is not apparent?
PPT, HFT, metal market manipulation oil take downs ect...it is all a joke by now, no?
doobsta 1 year ago
@doobsta They manipulate markets within the framework of technical analysis... the sophisticated programs edge up or down the price at key points of support from what I gather.
silverfuturist 1 year ago
@silverfuturist
exactly what I mean.
If they look at a chart and they know everyone is going to go long at a certain pricepoint "X", that may be exactly when they collude to take the price down hard so it never makes it to "X" price point.
Black swan event not considered of course.
doobsta 1 year ago
@doobsta no, they pump the market up on purpose to bring in sheep who buy as prices rise instead of dip. They wait for the option expiry strikes. Then they smash the price down long enough to ensure all the options are expired. Then they can let the price rise up on its own. They can lose money doing this. JPMorgan, doing this, then gets profits in kickbacks as printed US Fed money as their fraud-monkey-servant.
ytgv3fc7 1 year ago
@silverfuturist no, they do much more than that. They read off all the intended sales and make projections of precise patterns of split-second buy/sell profit/loss and use AI to predict the series of buy & sell volumes to use to gain profit yet keep the market from being controlled by anyone else. Technical analysis in the human-video non-mathematical form we've seen commonly on the tubez doesn't cut it. There are no support points. None.
ytgv3fc7 1 year ago
@silverfuturist or rather, to be more precise, for each moment in time of the desired resolution a particular goal price can be calculated, and a list can be built, but this won't be any single line, curve or point. It will be a list of prices just like looking at another regular chart, seemingly noisy, but in relation to the account-holder's positions will yield profits (which of course is why so much has to be secret about the code of Goldman's toy!)
ytgv3fc7 1 year ago
Great info as always.Thanks
fnkgdamned 1 year ago
Check out the IraEpsteinFutures channel on YT
Is a good channel for basic charting and he puts out a daily metal report video.
stealthcupcake 1 year ago 2
Your videos are really great my friend. Excellent job! Thank you. D
adventuresineurope 1 year ago
The whole breakdown of value into money vectors and commodity vectors is fascinating - it explains so much of the price movement of the various metals.
artdeco101010 1 year ago 2