@SilverEconomics What a bullshit video. You clearly haven't read much about the reasons for why silver is a great investment as the price of silver will go MUCH higher in a matter of years. This is not a guess but a mathematical certainty. But hey don't buy silver, more and cheaper for me to buy.
Who doesn't want to invest in precious metals? I'd rather buy gold/silver, than spend my money on something that doesn't hold value, or ONLY deceases in value over time.
If you are holding fiscal silver the day everyone holding paper e.t.f.'s goes to cash them in because the dollar just crashed and everyone starts to realize that the silver market has been over leveraged 3000-1. I just wonder how much money the people holding the stuff will make on that day.
Sure, don't buy silver unless you have a PhD in economics and a PhD in metallurgy. In short, just don't buy silver. That goes for you.... I'm stacking.
40 seconds into video he says don't buy silver thinking you're going to make a quick buck ... AND THEN... turns right around and says silver prices are very volatile.
has this guy ever heard of a species called DAY TRADERS. volatility is great for a day trader. and guess what ... THEY MAKE A QUICK BUCK.
what logical fallacy is this where you say a premise and disprove your own premise, while pretending you just supported it? oh yeah, a democrat.
@vonharringa , i respectfully disagree, for most people if they carry too much debt, they wont be able to make smart investing decision knowing the bills are due. They would make poor judgements like selling their gold/ silver at a loss to cover their bill.
Don't buy silver? So what are we going to use when the dollar collapses? And trust me its going to collapse. You can thank the Federal Reserve for that. Buy the way. Remember this. Paper money is only paper. No value whatsoever. Silver and gold have been a form of wealth for over 5000 years. If you don't learn history your doomed to repeat it.
i think you are right! Ten years ago nobody say Buy SILVER buy GOLD :) Today every bird is singing BUY SILVER BUY GOLD! At this moment a dont belive nobody only myself! For my life I need only food and water to have life :) I cant eat silver i cant eat gold :) First thing what people would have to do is to beocme a FARMER :) the most basic job in the world! 99% of people think that grocery store will take for them when food crisis will come :)
Both Gold and Silver is about the long-term investment, not the short-term. Eventually, the USD won't be worth anything, besides maybe the random rare historic bill, but Gold and Silver will always be valuable. Don't look at it as a get-rich-quick scheme, look at it as a safety-net for your grandkids.
I buy silver because I spend paper and plastic money too fast, I buy Silver to Save Money and preserve wealth, I buy Silver because I beleive that it will go up in price in the long run, I buy silver to hold on too not to sell or trade, I buy Silver because Gold it too expensive, I buy silver because it is more reliable then Fiat currency, I buy silver because it wont crash as the stock market crashes, I buy silver because its non taxable, I buy silver because it dosent burn or wear out. SILVER.
I don't not agree with this at all. As a experienced coin collector and market watcher, this is mostly false. Silver is also a hedge against inflation, this guy better look at history again. I guess he doesn't know about the 1979-1980 silver run and this current run is caused by the weak dollar and rapid rise in global demand for the metal. And silver fluxuates more than gold, can easily double in price in just months while gold rises only 25%, though is can drop more than gold as well.
t's interesting how all of a sudden, people are saying "don't buy gold, don't buy silver". Do not listen! You should know by now that the rich tries to deceive and dis-swayed the masses while they themselves do the complete opposite. Those commercials you see "we buy your gold and silver for top dollar" ask yourself, "WHY?!" I'll tell you. so that when shit hits the fan with hyper-inflation, these greedy fucks have already stockpiled every gold and silver they could buy.
you're full of shit!. Silver is much rarer than gold and it is due to it's rarity, makes it more valuable. The fiat price on paper silver has no value but the value of physical silver is immeasurable. Sounds like you're part of the deception. You're a fucking idiot and ANYONE who listens to this clown is a bigger idiot. This disapproval to NOT buy silver only shows the value it truly holds, of which, people like don't want the world to know. Your reverse psychology tactic, FAIL!
The "paper" price of silver is volatile indeed ...but the ACTUAL price you can buy coins and bars on the likes of ebay are very stable ! and in 2012 we'll see an even bigger disconnect in the physical and ETF/futures prices ....silver will be the best investment this decade. if you dont buy physical silver you will be missing out!
You can't mine silver out of the ground @ a ratio of 9-1 to gold, consume it at a rate just under oil ( silver has 10,000 uses and growing) , and keep pushing the price down as the bastard of all precious metals having the current gold/silver ratio of 56-1. Unless of coarse you have a currency and debt crisis going on and you have to keep it low, but that can only last so long.
I guess the difference in why I am buying silver is that I don't actually see it as an "investment" per se. I see it as "insurance" and never plan to sell until there is some hope for our economy.
at age 18 I'm happy to say i have saved up about $2000 in silver. My biggest reason for buying silver is history. Since the time of the greeks and Romans silver has been held as precious and worth something, so i believe down the line maybe 50 years from now silver will still be worth its weight.
This is a good video. I have been watching it for awhile and when it goes around $30 I buy an ounce here and there from a local shop that sells for $1 over spot. I don't expect to make a fortune its just something I plan to hold on to for a long time. I hear all these claims that eventually Silver will be $1000+ an ounce. I don't quite believe that. But maybe down the road it might be something I can use to help my unborn children.
@jimbox114 that road is coming soon. And silver is worth much more than gold. Don't listen to these clown who preach this bullshit. Have you not learned from history the power of manipulation? It's time to stop being a sheep and start thinking for yourself. When in world has gold and especially silver not worth more than any currency man has tried to create. Answer. NONE. When has the value of silver not meant anything, Never! Wake up
@gift2uma I just heard two Nobel Prize winning economists from Princeton University talking about how the world economies are on their way out of the economic world problems. So light is at the end of the tunnel and the worlds fiat currencies are safe . And so are the hundreds of trillions of funny money in derivatives. Print Baby Print is the bankers solution to the problem and it works according to these wizards.
Very useful guide to anyone thinking of investing in "anything". Sadly, too many investors make their money through luck rather than judgement and risks are not properly understood.
@bobday44 nope i was 30 years old and thinking of my family and getting top advice from a man the system wants dead.,dont use this y tube id as an indicator of anything either. mr lmfao.folks back then laughed too,when i got my krugerrands instead of a spapool-americans call them jacoooozzzzies!-they laughed,when i bought more instead of a new car-they laughed.they are not laughing now.
Yes there will be reasons to not buy silver but if you are an investor and you need a medium to invest in then silver is where you should go. Don't buy idiotic advise from Youtube people who make dumb ass videos that clearly display a lack of knowledge of the subject matter.
silver is up today from the day you posted this video. many people made some good money buying before 2011 and selling this year so you must of misunderstood something while you were doing your research and your reading on silver or you just don't know how to read you. get your shit together and stop telling viewers your fucked up piece of shit good for nothing opinions.
Jesus all these thumbs downs...Im a huge silver bug and yet EVERYTHING he says here is on point (except maybe start a business in this climate). Like if you've got debt you're servicing and you go and buy silver(unless you're doing it in hopes of profiting from the parabolic spike in value that they say is coming), you're a maroon.
If I want your opinion, I'll give it to you. I just bought 12 houses in Vegas so I have an idea of what's going on. Did you get your 5 mins of fame with your Video?
I agree with this guy. Precious metal only go up in price (value is always the same) when economy tank or dollar sink, but if you can get higher return on dollar than what silver would since economy is not in complete shit hole, you should do that instead. If people need to invest so badly, why are people selling it? Means it's not too bad yet. Doesn't mean you shouldn't buy any silver, nor it means convert all your asset into silver
The point of owning silver / gold is because paper money is becoming worthless in value ... that's why. Paper currencies are inflationary whereas, silver /gold hold their value because they are a "true" money. Thanks for the objective information.
The point of owning silver / gold is because paper money is becoming worthless in value ... that's why. Paper currencies are inflationary whereas, silver /gold hold their value because they are a "true" money.
@PHILLYB644924 you can invest in silver you dumb fuck, and you can invest in money and valuta too. try understand what investments really are before you post dumb shit about it
@Sindretonnesen HOW MUCH PROFIT DO YOU MAKE FROM YOUR SILVER INVESTMENT ?? Me, my silver keeps up with inflation in the long run ! You are either selling your silver for fiat and calling that an investment or you have a magic wand and your silver multiplies into more silver. At best silver is a insurance policy to insure you your buying power. Now you know, FUCK HEAD
@PHILLYB644924 ever tought of buying one place, selling another? i wouldn't invest in silver myself because i don't think there is a safe market on it. but if your good you can make alot of money investing in silver, and im not talking about your grandmothers silver spoon.
I buy my first 10 x 1 silver kg coins in the year 2006 @ 7-8 Dollar / Oz..... today we are @ 32 Dollar / Oz..... 400% in 5 Years.... that`s what i call a very good investment.
My Investment Banker and many of my friends at this time say the same things you say here in your Video. Do not buy silver. And today? They are all pissed off doing not the same ;-) And I´m still buying silver because the Dollar is at the end of his lifetime ! Also the Euro.... British Pound..... only printed Paper
investing is the option with most potential(can go wrong though), silver is guaranteed to go up in price in the future. Faster than saving accounts and ISA's. In the UK they are doing quantitative easing again so im going to buy some silver hopefully before the money debaseing effect of QE kicks in. I do agree with this guy that investing can be the best option if you know about that stuff, my halifax account wouldnt let me set up an invest account so i shall buy some shiny silver instead.
I Agree 1,000% with everything this guy is saying.All he's saying is get rid of all your debt and pay your bills before you buy...This is simple mathematics.
I'm wondering why the thumbs down? All this guy is saying is don't jump in all half ass and ignorant. He's 100% correct. Educate yourself. PMs are a great wealth preservation vehicle, but for some they may not be the best choice right now for all people. Your personal finances, location, immediate needs and believe it or not your local demographics all have an impact. Like he was saying, other monetary risk mitigations might be more suitable as a priority for right now.
@WurledPeas Thank you, I dont want anyone else holding physical silver either just me, you guys (day traders ) short term gambler types should buy bonds or invest in USA housing market it should recover!
Because people love to live where there is no work or freedoms. (USA has more people in jail than Russia/China combined so land of the incarcerated more like) Silver is BAD investment stay away I need silver at 20/oz to boost my holdings STAY away from silver exit your position while you can
@WurledPeas Oh shit sorry I think I copy and pasted my responce to another dude to you by accedent I read your comment and I dont remember sending that to you another guy real aggressive day trader silver moves a pip hes freaking out I just wanted to bug the guy sorry for sending that to you I erase what I am writting half the time if I write in word I can undo so I always cut n paste responces and usually have several active you tube tabs open sorry again not at all related to what you said!
Like gambling don't buy silver or gold with scared money. But if you can afford it buy some silver the fiat paper dollar is worth nothing. No fiat currency has lasted 70 years most fail at 40 years or less. When you buy silver buy as cheap as you can and expect to hold for maybe 30 more years but when the paper dollar worth nothing fails silver and gold will still be money
A mix of good and bad advice. Learning the fundamentals is vital, and the biggest fundamental is that the US Dollar is FIAT money, 'confidence' money, and it's being debased in value via epic Inflation. Over time dollar denominated investments lose value. Prudence is to discover how to preserve one's wealth. Historically, precious metals represent 'real' money, they preserve wealth. Having a mix of PMs in a portfolio is plain wise in these times...many pundits agree.
I am investing in my retirement in the hopes that I'll actually get to in the future. I slowly acquire silver every other monthly. Even if the dollar gets threashed by the world markets the next decade my hopes are that my silver retains my savings and wealth. I'd say 90% of people investing in silver have researched it though.
Guys, he's giving cautionary advice. He knows what he's talking about, he's just concerned by what he views are people jumping head first into a shallow pool. All he's saying is to take care of your debt first, understand the market, and not to leave yourself vulnerable.
no it dus not you are stupid silver dus not go up and down buy much except a little bit every 10 years bfor it rizes. now yes it can drop do to the aconamey but with the way the world it silver is what tobuy. and with people thinking the world in ending it will keep going up. and only buy silver coins cuz thy will at least hold the value of the coin. and are usley worth more then the silver content.
Anybody who bought silver at the time of this video would have doubled their money. Next year at this time we'll probably be saying the same thing. I agree with the video that you shouldn't overextend yourself to get into silver, but if you have dollars better swap them out while you can.
All are valid points and well explained. Do you want to be the only one with out any physical silver. , Why take that chance? You are way to late in the game to start with that . Sorry to tell you. You only have a few resons as why not to buy. But their are well over 9.999 resons as to buy as much as you can as soon as you can. Dammit man. sorry for any miss spellings.
This is a good video - and you're right - there are no short term financial gains to buying silver. It is a long term investment - and your mortgage and bills should be paid first.
I have a small food supply, silver, gold and a weapon, but I did become debt free first. So yeah - buy small amounts of silver, but be very clear that it's not a get rich quick scheme.
This is bull shit silver is not like copper ( wich is $2-$3 dollars per oz) silver is a high end medal ( at $40 dollars per oz). And with the bad economy silver is going to always be more then the dollar.
he his just informing you too understand your investment into silver, like anything else. He has great points, and listen closely. This is valuable info.
Demand and supply is an economic model of price determination in a market.
Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.
Very good advice. You made some good points. You are saying be an educated buyer and not just buying it based upon the hype it is generating. I have a food storage, water filter, organic seed, paid off debt, AND I have silver (small gold). You are right on all fronts. Don't buy silver unless you have other important areas in order that should come first. I get what you are saying. People just need to listen a little closer
Well I have made hefty profits since you made this video. I think you should title this as a caution....not a flat out "do not buy" Your friend who bought on an informercial and then sold to a coin dealer made two ignorant mistakes.
Some things you said were correct, but while metals may be in a bubble of sorts, if I ever see $6 silver again, I will back my truck up to the mint.
Econ 101 Buy Low Sell high or roll into gold when the Gold/silver ratio is acceptable.Don't count on seeing "historical ratios" of 17:1 or less anytime in the near future.Buy what you can afford to lose,just like you would heading to the track or a casino.
When this video was made, silver was half of what it is now.I have sold off some of my silver just to take profit and made a bundle without having to pay tax.Geologists say that silver has only 10 years left because it is used for everything,especially electronics.The Chinese will be using tons and tons more or the stuff.There is not enough.Gold is still found 2 miles down.Silver stops @200ft. /watch?v=-IiarVvZguY&feature=player_embedded
IDIOT ADVICE LIKE THIS MAKES ME WANT TO BUY SILVER EVEN MORE BECAUSE NO INTELLIGENT MAN CAN GIVE ANY GOOD RATIONAL AGAINST BUYING SILVER. ON THE BALANCE OF PROBABILITY, EXPERT ADVICE FOR BUYING SILVER OUTWEIGHS STUPID ADVICE LIKE THIS AGAINST BUYING SILVER. THAT IS MY CONCLUSION.
Reasons not to buy silver bullion/coins (in the UK) you pay 20% VAT and CGT. With dealer buy/sell costs 8-10% this gives you total spread about 30%! If you want to trade silver use an ETF like PHAG.L where you can get in and out fast with very little spread. Also you could buy FRES.L who mine millions tonnes of silver for $5 cost. UK legal gold tender coins like soverigns are VAT and CGT free and are better for hoarding because this reduces your spread to just dealer costs about 8-10%.
Are you reading off a Q card? GIVE a break - Silver, food, water, land - how can you equate not buying silver !? FOOL. How about Buying Silver with Knowledge. I don't understand this video
I think you are wrong silver is a panic money. Lets say a H Bomb blew up over the government money printing presses and you want to run paper will be useless gold silver diamonds are what you would want.
By the way a soldier was paid $17 a month during the Civil war. I believe he would be paid less today as there are more people and not much more silver.
i wanna buy silver 'cause it looks cool (hand poured bars) but im cool to live in the woods with my survival things and compound /recurve bows :) -and my silver....
I wish I had maxed out my credit cards buying silver a year ago, since then silver has doubled, I could have sold half of it, payed off the cards and had a bunch of free silver.
Hahahahahahahah! this should be an S and L skit. what's the next video go to school, get a good job and diversify and retire? okay. you make sense to a certain point. although have a solution not just what not to do.
Only thing missing here, is a video of a crowd of people chanting "DON'T BUY SILVER" along with him. Then someone downloading that video, and uploading it in reverse suggesting that there are satanic messages encoded within it.
Good video, good points. but, if you cannot buy silver, the least you could do is look for pre-1964 quarters, dimes, half-dollars, and one dollars @90% silver it's a smart and cheap way to start saving. most people out there don't think twice before using an OLD coin in vending machine or parking meter.
I do agree you need to be smart about your purchasing if you are harder off and being smart about how much you spend but I do not agree totally with it because you are never too poor to make money. It is very difficult for long term investment on precious metals to lose money. If you are poor and do not invest anything, then your very little money will turn into no money if our struggling economy goes out.
Dude Buying Silver is one of the smartest purchases one can make Silver and gold are REAL MONEY. The dollar is destined to collapse and that's when you will see the true value of gold and silver in the United States. Look at the Supply and DEMAND for silver and you will notice how undervalued it truly is. Even Arab oil countries are warning the United States of it's financial collapse. Their really isnt a reason not to buy unless one is forced to choose between food and silver at the moment
good points
johnnieace45 4 days ago
very misleading. Just keep smoking those silly cigs man.
desperatedan7777 6 days ago
THis guy is the biggest fucking retard that ever lived or the biggest fucking liar!.
Xcorgi 1 week ago
@SilverEconomics What a bullshit video. You clearly haven't read much about the reasons for why silver is a great investment as the price of silver will go MUCH higher in a matter of years. This is not a guess but a mathematical certainty. But hey don't buy silver, more and cheaper for me to buy.
TWSceptic 2 weeks ago 2
Who doesn't want to invest in precious metals? I'd rather buy gold/silver, than spend my money on something that doesn't hold value, or ONLY deceases in value over time.
Pr3lude9 2 weeks ago
This is a video I bet he wished he never made. You would have made 100% profit if you had bought silver when this clip was made.
TheBrendanxyz 2 weeks ago
Don´t listen to Indiana jones;/ Buy silver!
candon1972 2 weeks ago 2
If you are holding fiscal silver the day everyone holding paper e.t.f.'s goes to cash them in because the dollar just crashed and everyone starts to realize that the silver market has been over leveraged 3000-1. I just wonder how much money the people holding the stuff will make on that day.
silverhorder1969 2 weeks ago
Sure, don't buy silver unless you have a PhD in economics and a PhD in metallurgy. In short, just don't buy silver. That goes for you.... I'm stacking.
UnitedCorpOfAmerica 2 weeks ago
40 seconds into video he says don't buy silver thinking you're going to make a quick buck ... AND THEN... turns right around and says silver prices are very volatile.
has this guy ever heard of a species called DAY TRADERS. volatility is great for a day trader. and guess what ... THEY MAKE A QUICK BUCK.
what logical fallacy is this where you say a premise and disprove your own premise, while pretending you just supported it? oh yeah, a democrat.
shakaama 3 weeks ago
Fucking clueless.
JanRichardus 3 weeks ago
Do not use paper money to pay off your debt. Use it to buy silver--and in the future you will be able to buy a house for 500 ounces of silver.
vonharringa 3 weeks ago
@vonharringa , i respectfully disagree, for most people if they carry too much debt, they wont be able to make smart investing decision knowing the bills are due. They would make poor judgements like selling their gold/ silver at a loss to cover their bill.
krillin876 3 weeks ago
@vonharringa don't pay off debts!
johnbarkand 3 weeks ago
This guy is a dip shit..He needs to buy a razor to shave his dip shit face with..He must be speaking to his dip shit retarded family..
polpotlives123 3 weeks ago
Investment IQ fail on this guy's part. I doubled my purchases this month as a result of this video.
thebryghtidea 4 weeks ago
Haaa, what ever you do, don't listen to this guy..Period.. Buy all the dam silver you can. Esp this week and next
gates403 1 month ago
Good points.
MaxZagar 1 month ago
Don't buy silver? So what are we going to use when the dollar collapses? And trust me its going to collapse. You can thank the Federal Reserve for that. Buy the way. Remember this. Paper money is only paper. No value whatsoever. Silver and gold have been a form of wealth for over 5000 years. If you don't learn history your doomed to repeat it.
mattbauer12345 1 month ago
i think you are right! Ten years ago nobody say Buy SILVER buy GOLD :) Today every bird is singing BUY SILVER BUY GOLD! At this moment a dont belive nobody only myself! For my life I need only food and water to have life :) I cant eat silver i cant eat gold :) First thing what people would have to do is to beocme a FARMER :) the most basic job in the world! 99% of people think that grocery store will take for them when food crisis will come :)
FluffyCandyGirl 1 month ago
Both Gold and Silver is about the long-term investment, not the short-term. Eventually, the USD won't be worth anything, besides maybe the random rare historic bill, but Gold and Silver will always be valuable. Don't look at it as a get-rich-quick scheme, look at it as a safety-net for your grandkids.
FuIIOfFaiI 1 month ago
Its a good vid.
Irishsilverstack 1 month ago
Don't buy a hat like this guy has.
MrShiz75 1 month ago 22
Idiot
Econofresh 1 month ago 2
I buy silver because I spend paper and plastic money too fast, I buy Silver to Save Money and preserve wealth, I buy Silver because I beleive that it will go up in price in the long run, I buy silver to hold on too not to sell or trade, I buy Silver because Gold it too expensive, I buy silver because it is more reliable then Fiat currency, I buy silver because it wont crash as the stock market crashes, I buy silver because its non taxable, I buy silver because it dosent burn or wear out. SILVER.
GerrettJihad 1 month ago
I don't not agree with this at all. As a experienced coin collector and market watcher, this is mostly false. Silver is also a hedge against inflation, this guy better look at history again. I guess he doesn't know about the 1979-1980 silver run and this current run is caused by the weak dollar and rapid rise in global demand for the metal. And silver fluxuates more than gold, can easily double in price in just months while gold rises only 25%, though is can drop more than gold as well.
ScorpioBornIn69 1 month ago
If I am an entrepreneur, can I invest in a 'Buy/Sell gold/silver' business?
audiopro316 1 month ago
you face and your aura is full of deception.
gift2uma 1 month ago
I wish I could slap the taste right out of your fucking mouth. I look into your eyes and can tell you're a fucking liar!
gift2uma 1 month ago
t's interesting how all of a sudden, people are saying "don't buy gold, don't buy silver". Do not listen! You should know by now that the rich tries to deceive and dis-swayed the masses while they themselves do the complete opposite. Those commercials you see "we buy your gold and silver for top dollar" ask yourself, "WHY?!" I'll tell you. so that when shit hits the fan with hyper-inflation, these greedy fucks have already stockpiled every gold and silver they could buy.
gift2uma 1 month ago
you're full of shit!. Silver is much rarer than gold and it is due to it's rarity, makes it more valuable. The fiat price on paper silver has no value but the value of physical silver is immeasurable. Sounds like you're part of the deception. You're a fucking idiot and ANYONE who listens to this clown is a bigger idiot. This disapproval to NOT buy silver only shows the value it truly holds, of which, people like don't want the world to know. Your reverse psychology tactic, FAIL!
gift2uma 1 month ago
i used to invest in silver...until i took an arrow in the knee
brighs 1 month ago
pay down your house or your credit cards first
anyname666 1 month ago
The "paper" price of silver is volatile indeed ...but the ACTUAL price you can buy coins and bars on the likes of ebay are very stable ! and in 2012 we'll see an even bigger disconnect in the physical and ETF/futures prices ....silver will be the best investment this decade. if you dont buy physical silver you will be missing out!
onisuk 1 month ago
You can't mine silver out of the ground @ a ratio of 9-1 to gold, consume it at a rate just under oil ( silver has 10,000 uses and growing) , and keep pushing the price down as the bastard of all precious metals having the current gold/silver ratio of 56-1. Unless of coarse you have a currency and debt crisis going on and you have to keep it low, but that can only last so long.
MrMaineack 1 month ago
I guess the difference in why I am buying silver is that I don't actually see it as an "investment" per se. I see it as "insurance" and never plan to sell until there is some hope for our economy.
justgonnastay 1 month ago
at age 18 I'm happy to say i have saved up about $2000 in silver. My biggest reason for buying silver is history. Since the time of the greeks and Romans silver has been held as precious and worth something, so i believe down the line maybe 50 years from now silver will still be worth its weight.
neusch67 1 month ago
@neusch67 Hey I'm sixteen and I am buying silver for my future too...hope it doesn't go down!!! Good luck for you too!
mrfirelover212 1 month ago
This is a good video. I have been watching it for awhile and when it goes around $30 I buy an ounce here and there from a local shop that sells for $1 over spot. I don't expect to make a fortune its just something I plan to hold on to for a long time. I hear all these claims that eventually Silver will be $1000+ an ounce. I don't quite believe that. But maybe down the road it might be something I can use to help my unborn children.
jimbox114 1 month ago
@jimbox114 that road is coming soon. And silver is worth much more than gold. Don't listen to these clown who preach this bullshit. Have you not learned from history the power of manipulation? It's time to stop being a sheep and start thinking for yourself. When in world has gold and especially silver not worth more than any currency man has tried to create. Answer. NONE. When has the value of silver not meant anything, Never! Wake up
gift2uma 1 month ago
@gift2uma I just heard two Nobel Prize winning economists from Princeton University talking about how the world economies are on their way out of the economic world problems. So light is at the end of the tunnel and the worlds fiat currencies are safe . And so are the hundreds of trillions of funny money in derivatives. Print Baby Print is the bankers solution to the problem and it works according to these wizards.
jobedied 1 month ago
Very useful guide to anyone thinking of investing in "anything". Sadly, too many investors make their money through luck rather than judgement and risks are not properly understood.
Great video. Thansk for posting
boum62 1 month ago
Good words!
alectraproject 1 month ago
That red lettering is horrible. Why do people do that? Are they color blind?
AesopsRetreat 2 months ago
People aren't buying silver as an investment, but as a preservation of value. The fiat currencies of the world are going down.
goldbug36 2 months ago
shit another no mind online.... go away
phliperphil 2 months ago
i suppose this monkey thinks i shouldnt have invested in gold when it was 420$ an oz???
there is every reason to buy silver!!!!!!you monkey fuk!!!!!
jewkillernz 2 months ago
@jewkillernz so you where 14 years old when you bought gold because in 1980 thats when it was worth $420.00
bobday44 2 months ago
@jewkillernz lmfao buying gold at 14 years old omg what 14 year old has that kind of money and really thinks about buying gold.
bobday44 2 months ago
@bobday44 nope i was 30 years old and thinking of my family and getting top advice from a man the system wants dead.,dont use this y tube id as an indicator of anything either. mr lmfao.folks back then laughed too,when i got my krugerrands instead of a spapool-americans call them jacoooozzzzies!-they laughed,when i bought more instead of a new car-they laughed.they are not laughing now.
they are monkey fuks!!!!!!
jewkillernz 2 months ago
@jewkillernz anyone who uses "the system wants me dead" as a reason to listen to them, is full of shit.
mryellow123 1 month ago
hill billy investing by billy bob
terry9748 2 months ago
good vid but should be titled "don't buy silver till you hear this" or something along those lines
ididntmakethisname 2 months ago
This was a great video
lilbromarky1 2 months ago
Yes there will be reasons to not buy silver but if you are an investor and you need a medium to invest in then silver is where you should go. Don't buy idiotic advise from Youtube people who make dumb ass videos that clearly display a lack of knowledge of the subject matter.
Helldpdigr 2 months ago
you would have at least doubled your money if you bought when this video was made
TheCustomerAdvantage 2 months ago 30
silver is up today from the day you posted this video. many people made some good money buying before 2011 and selling this year so you must of misunderstood something while you were doing your research and your reading on silver or you just don't know how to read you. get your shit together and stop telling viewers your fucked up piece of shit good for nothing opinions.
SuperJuiceman1000 2 months ago
another dumb post by an IGNORANT HILLBILLY
bumhits 3 months ago
you are so wrong .....
GracedHellBoy 3 months ago
Knob, people are buying Silver because the Mickey mouse fiat bullshit money is going to get inflated out of existance.
MrRamraider 3 months ago
this idot is my gardner. I would listen to what he says, coz he killed my pryocantha shurb, and he always blow leaves into my pool.
thinfloyd 3 months ago
@thinfloyd lmfao
TheCustomerAdvantage 2 months ago
Jesus all these thumbs downs...Im a huge silver bug and yet EVERYTHING he says here is on point (except maybe start a business in this climate). Like if you've got debt you're servicing and you go and buy silver(unless you're doing it in hopes of profiting from the parabolic spike in value that they say is coming), you're a maroon.
AcresofAnarchy 3 months ago
This has been flagged as spam show
@AcresofAnarchy well I maybe a maroon but you just proved that you are a moron!!
thiscreepingmalaise 3 months ago
I'd say instead - do not hold fiat cash unless at least 50% of your net wealth is in PMs.
People are idiots, if people even understood DICK about paper money, no one would need to be "convinced" real money is better!
slvrizgold 3 months ago
This video's dislikes is proof that half the commentors dont even really watch the video.
drchen054 3 months ago
So what ARE you buying??
Wildman2951 3 months ago
How does one "BUY" money? I think he meant to say TRADE currency (paper) for money (silver)
KingJamesBible 3 months ago
If I want your opinion, I'll give it to you. I just bought 12 houses in Vegas so I have an idea of what's going on. Did you get your 5 mins of fame with your Video?
2305toby 3 months ago
I agree with this guy. Precious metal only go up in price (value is always the same) when economy tank or dollar sink, but if you can get higher return on dollar than what silver would since economy is not in complete shit hole, you should do that instead. If people need to invest so badly, why are people selling it? Means it's not too bad yet. Doesn't mean you shouldn't buy any silver, nor it means convert all your asset into silver
sszhao11 3 months ago
You're right. Silver is not the Forex market. I buy mine at cost, They only way to buy.
silverandgoldatcost 3 months ago
Haha, this guy's advice was the best investment decision. If you would've dumped or shorted silver you would have MADE MONEY!!
kcrone1 3 months ago
The point of owning silver / gold is because paper money is becoming worthless in value ... that's why. Paper currencies are inflationary whereas, silver /gold hold their value because they are a "true" money. Thanks for the objective information.
orbitring 3 months ago
The point of owning silver / gold is because paper money is becoming worthless in value ... that's why. Paper currencies are inflationary whereas, silver /gold hold their value because they are a "true" money.
orbitring 3 months ago
You mean I shouldn't jump into an investment without knowing jack shit about it? Thanks, so useful!
Bugees 3 months ago
i thought i wuz gonna make profit so i took up crh got 90% silver coins for face value
ALPHATHEAWESOME 3 months ago
Why is this still up here.It has doubled since this clip.DAAAAA!
moomman89 3 months ago
lol, nice try to lower demand
GonG108 3 months ago
go for gold, it's amuch safer market with a lot of potential
Sindretonnesen 4 months ago
dont buy silver he said, you dont know how much silver he kept under his bed.
johanazmanshah 4 months ago
SILVER IS NOT AN INVESTMENT !! ITS MONEY DUMMY !
PHILLYB644924 4 months ago
@PHILLYB644924 you can invest in silver you dumb fuck, and you can invest in money and valuta too. try understand what investments really are before you post dumb shit about it
Sindretonnesen 4 months ago
@Sindretonnesen HOW MUCH PROFIT DO YOU MAKE FROM YOUR SILVER INVESTMENT ?? Me, my silver keeps up with inflation in the long run ! You are either selling your silver for fiat and calling that an investment or you have a magic wand and your silver multiplies into more silver. At best silver is a insurance policy to insure you your buying power. Now you know, FUCK HEAD
PHILLYB644924 4 months ago
@PHILLYB644924 ever tought of buying one place, selling another? i wouldn't invest in silver myself because i don't think there is a safe market on it. but if your good you can make alot of money investing in silver, and im not talking about your grandmothers silver spoon.
Sindretonnesen 4 months ago
This is a very smart guy. He wants people to make their OWN decision.
MrBloopatroopa 4 months ago
Common sense suggestions for anyone getting ready to do anything with respect to investing... not a bad video.. Thumbs up from me..
lowpross11 4 months ago
Precious metal. Buy low, sell high. NOT Rocket Science!
amiga2091 4 months ago
@amiga2091 if you go deeper into it it really is a messed up market, and it's all about knowing when it will fall and when it's at it's highest
Sindretonnesen 4 months ago
but buy silver if the industry is up.
redflamechris91 4 months ago
I buy my first 10 x 1 silver kg coins in the year 2006 @ 7-8 Dollar / Oz..... today we are @ 32 Dollar / Oz..... 400% in 5 Years.... that`s what i call a very good investment.
My Investment Banker and many of my friends at this time say the same things you say here in your Video. Do not buy silver. And today? They are all pissed off doing not the same ;-) And I´m still buying silver because the Dollar is at the end of his lifetime ! Also the Euro.... British Pound..... only printed Paper
Ang3lDust 4 months ago
investing is the option with most potential(can go wrong though), silver is guaranteed to go up in price in the future. Faster than saving accounts and ISA's. In the UK they are doing quantitative easing again so im going to buy some silver hopefully before the money debaseing effect of QE kicks in. I do agree with this guy that investing can be the best option if you know about that stuff, my halifax account wouldnt let me set up an invest account so i shall buy some shiny silver instead.
dyingtolive123 4 months ago
I Agree 1,000% with everything this guy is saying.All he's saying is get rid of all your debt and pay your bills before you buy...This is simple mathematics.
mosaicmaster1 4 months ago
I'm wondering why the thumbs down? All this guy is saying is don't jump in all half ass and ignorant. He's 100% correct. Educate yourself. PMs are a great wealth preservation vehicle, but for some they may not be the best choice right now for all people. Your personal finances, location, immediate needs and believe it or not your local demographics all have an impact. Like he was saying, other monetary risk mitigations might be more suitable as a priority for right now.
WurledPeas 4 months ago 20
@WurledPeas Thank you, I dont want anyone else holding physical silver either just me, you guys (day traders ) short term gambler types should buy bonds or invest in USA housing market it should recover!
Because people love to live where there is no work or freedoms. (USA has more people in jail than Russia/China combined so land of the incarcerated more like) Silver is BAD investment stay away I need silver at 20/oz to boost my holdings STAY away from silver exit your position while you can
CaptainZuluGamma 3 months ago
@CaptainZuluGamma Yeah, because that's exactly what I was saying. Yup. Uh huh. Day trader? Really? Where'd that come from?
WurledPeas 3 months ago
@WurledPeas Oh shit sorry I think I copy and pasted my responce to another dude to you by accedent I read your comment and I dont remember sending that to you another guy real aggressive day trader silver moves a pip hes freaking out I just wanted to bug the guy sorry for sending that to you I erase what I am writting half the time if I write in word I can undo so I always cut n paste responces and usually have several active you tube tabs open sorry again not at all related to what you said!
CaptainZuluGamma 3 months ago
@CaptainZuluGamma Gotcha.
WurledPeas 3 months ago
@AtheosRecords How much did you pay above spot for a bullion coin?
SidneyBou 4 months ago
Like gambling don't buy silver or gold with scared money. But if you can afford it buy some silver the fiat paper dollar is worth nothing. No fiat currency has lasted 70 years most fail at 40 years or less. When you buy silver buy as cheap as you can and expect to hold for maybe 30 more years but when the paper dollar worth nothing fails silver and gold will still be money
SidneyBou 4 months ago
A mix of good and bad advice. Learning the fundamentals is vital, and the biggest fundamental is that the US Dollar is FIAT money, 'confidence' money, and it's being debased in value via epic Inflation. Over time dollar denominated investments lose value. Prudence is to discover how to preserve one's wealth. Historically, precious metals represent 'real' money, they preserve wealth. Having a mix of PMs in a portfolio is plain wise in these times...many pundits agree.
Snookynibbles 4 months ago
this guy stacks... great vid i think the title prob scared people away but a very strong message..
coketimemdear 5 months ago
This guy's advice is legit.
instantsiv 5 months ago
What a Dumb ass. Simply BUY SILVER after you do your research. how's that .
robertquentincobb 5 months ago
I am investing in my retirement in the hopes that I'll actually get to in the future. I slowly acquire silver every other monthly. Even if the dollar gets threashed by the world markets the next decade my hopes are that my silver retains my savings and wealth. I'd say 90% of people investing in silver have researched it though.
brown55061 5 months ago
I agree! Great video!
patellaman 5 months ago
what a shit head !!!!!
jimme2020 5 months ago
Guys, he's giving cautionary advice. He knows what he's talking about, he's just concerned by what he views are people jumping head first into a shallow pool. All he's saying is to take care of your debt first, understand the market, and not to leave yourself vulnerable.
burntham113 5 months ago
no it dus not you are stupid silver dus not go up and down buy much except a little bit every 10 years bfor it rizes. now yes it can drop do to the aconamey but with the way the world it silver is what tobuy. and with people thinking the world in ending it will keep going up. and only buy silver coins cuz thy will at least hold the value of the coin. and are usley worth more then the silver content.
vorkev1 5 months ago
I agree with the way you can invest money for other things.I only use what I can afford to buy even more silver now.
silverkingukable 5 months ago
Got silver?
Mr2wings 5 months ago
Anybody who bought silver at the time of this video would have doubled their money. Next year at this time we'll probably be saying the same thing. I agree with the video that you shouldn't overextend yourself to get into silver, but if you have dollars better swap them out while you can.
R0nPaulFan 5 months ago
Comment removed
R0nPaulFan 5 months ago
what's with all the haters? THink for yourselves, the guy in the video has a right to express his own opinion
I've invested heavily in bullion, I don't hate for his POV though.
lh2000 5 months ago
dude is a dum ass bear
561neko 5 months ago
All are valid points and well explained. Do you want to be the only one with out any physical silver. , Why take that chance? You are way to late in the game to start with that . Sorry to tell you. You only have a few resons as why not to buy. But their are well over 9.999 resons as to buy as much as you can as soon as you can. Dammit man. sorry for any miss spellings.
MrJAYCRASH 5 months ago
yes you shouldnt buy silver go watch your reality tv where it actually show reality...sarcasm??
MrBigEnchilada 5 months ago
...IDIOT
Roksteady33 5 months ago
This is a good video - and you're right - there are no short term financial gains to buying silver. It is a long term investment - and your mortgage and bills should be paid first.
I have a small food supply, silver, gold and a weapon, but I did become debt free first. So yeah - buy small amounts of silver, but be very clear that it's not a get rich quick scheme.
SuperSpidey25 5 months ago
Buy 20 Australian 2012 silver 1oz Lunar Dragon coins and you'll change your mind.
Buy 5 Australian 2012 gold 1oz Lunar Dragon coins and you'll also change your mind.
Here's a tip work out why the Australian, 2011, 5oz Lunar Rabbit coin is going to be worth big dollars?
Buying silver "bullion" coins that turn into numismatic treasures are exactly why you should buy silver coins.
Holidats 5 months ago
So what does he suggest to buy?
Aud.$ perhaps
candymagic68 5 months ago
lol imagine if this guy has a huge stack of silver himself
carbine51 5 months ago
@teg598 20 dollars? really!? I cant fucking wait!
heldenkatze 5 months ago
@teg598
You keep thinking that, it's fun to dream.
What I mean is that it fluctuates, but never in silver's past 10 year history or more has it actually halved in value.
Then again, it's fun to dream.
jcrowley1985 5 months ago
I'm buying silver because NOBODY is buying it.
weelgunny 5 months ago
This is bull shit silver is not like copper ( wich is $2-$3 dollars per oz) silver is a high end medal ( at $40 dollars per oz). And with the bad economy silver is going to always be more then the dollar.
blackjacklover70 6 months ago
he his just informing you too understand your investment into silver, like anything else. He has great points, and listen closely. This is valuable info.
TheAvailable43 6 months ago
i bought silver at $5.25 an oz. now its $41.65 an oz 8 27 11 . Boy was i dumb!
angryagain68 6 months ago
@SilverEconomics - regarding @mundenez comment : perhaps you should adjust the video's title slightly (ie include "IF") to prevent confusion.
jezait2 6 months ago
This has been flagged as spam show
Demand and supply is an economic model of price determination in a market.
Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.
DocWog 6 months ago
now is this with the knowledge of the upcoming economic collapse? or?
lostd00d 6 months ago
Thank you for your advise............
pete22us 6 months ago
People told me not to buy 45 ozs of gold back in 93 well look at me now.
steamingpoopfart 6 months ago
@steamingpoopfart would have been nicer if you bought silver when it was 80 to 1 with gold eh? hehe.
Great video btw! i agree with all of it, stack is and forget about its its a TRUE RRSP, ITS FOR YOUR RETIREMENT!
TheTrueJBV3737 6 months ago
Very good advice. You made some good points. You are saying be an educated buyer and not just buying it based upon the hype it is generating. I have a food storage, water filter, organic seed, paid off debt, AND I have silver (small gold). You are right on all fronts. Don't buy silver unless you have other important areas in order that should come first. I get what you are saying. People just need to listen a little closer
Volcano2014 6 months ago
Well I have made hefty profits since you made this video. I think you should title this as a caution....not a flat out "do not buy" Your friend who bought on an informercial and then sold to a coin dealer made two ignorant mistakes.
Some things you said were correct, but while metals may be in a bubble of sorts, if I ever see $6 silver again, I will back my truck up to the mint.
kreeetin 6 months ago
Econ 101 Buy Low Sell high or roll into gold when the Gold/silver ratio is acceptable.Don't count on seeing "historical ratios" of 17:1 or less anytime in the near future.Buy what you can afford to lose,just like you would heading to the track or a casino.
20fltrk 6 months ago
When this video was made, silver was half of what it is now.I have sold off some of my silver just to take profit and made a bundle without having to pay tax.Geologists say that silver has only 10 years left because it is used for everything,especially electronics.The Chinese will be using tons and tons more or the stuff.There is not enough.Gold is still found 2 miles down.Silver stops @200ft. /watch?v=-IiarVvZguY&feature=player_embedded
nld1960 6 months ago
For the Retarded and Negative boys and girls: This man is simply advising you to educate yourself before leaping into the silver market.
GREAT ADVICE !
Thanx for sharing.
yaahme 6 months ago
Don't buy siIver unIess you want to DoubIe your MONEY since this guy posted.
Because we AII know that doubIing ones money CAN'T be good, IoI.
This guys a JOKER ! ! !
bRadicalmagic1 6 months ago
IDIOT ADVICE LIKE THIS MAKES ME WANT TO BUY SILVER EVEN MORE BECAUSE NO INTELLIGENT MAN CAN GIVE ANY GOOD RATIONAL AGAINST BUYING SILVER. ON THE BALANCE OF PROBABILITY, EXPERT ADVICE FOR BUYING SILVER OUTWEIGHS STUPID ADVICE LIKE THIS AGAINST BUYING SILVER. THAT IS MY CONCLUSION.
UnitedKorean 6 months ago
This has been flagged as spam show
FUCK YOU IDIOT!
UnitedKorean 6 months ago
Sound advice.
davidlory 6 months ago
Reasons not to buy silver bullion/coins (in the UK) you pay 20% VAT and CGT. With dealer buy/sell costs 8-10% this gives you total spread about 30%! If you want to trade silver use an ETF like PHAG.L where you can get in and out fast with very little spread. Also you could buy FRES.L who mine millions tonnes of silver for $5 cost. UK legal gold tender coins like soverigns are VAT and CGT free and are better for hoarding because this reduces your spread to just dealer costs about 8-10%.
sang3Eta 6 months ago
@sang3Eta when you come to sell in the uk, you sell including the vat
colpward 6 months ago
I love all precious metals, silver, gold and lead!
SCLARK2112 6 months ago
you are full of shit
what are u smoking ?
desperatedan7777 6 months ago
Great Video 2 reasons not to buy 500 reasons to buy. C'mon! Feed the people good food not waste.
spiritartman 6 months ago
You are reading off a Qcard - who's paying you? are yu kidding Silver is the best investment today.
spiritartman 6 months ago
Are you reading off a Q card? GIVE a break - Silver, food, water, land - how can you equate not buying silver !? FOOL. How about Buying Silver with Knowledge. I don't understand this video
spiritartman 6 months ago
Check out this watch?v=kRq6NZQvFLM
I've only ever made a profit with silver. Buy low & sell high.
vidbid1 6 months ago
I think you are wrong silver is a panic money. Lets say a H Bomb blew up over the government money printing presses and you want to run paper will be useless gold silver diamonds are what you would want.
By the way a soldier was paid $17 a month during the Civil war. I believe he would be paid less today as there are more people and not much more silver.
SidneyBou 6 months ago
think you missed the boat on this . ive paid off student loans with the rise of silver.
paid off my debt and increased my investiment in silver. today its sits at 40.
ive surpased my 401k of 10 years, with silver.
beerun1 6 months ago
Well don't you feel silly considering the current spot price!
sbscottw 6 months ago
i wanna buy silver 'cause it looks cool (hand poured bars) but im cool to live in the woods with my survival things and compound /recurve bows :) -and my silver....
zackrowe1 7 months ago
I agree with NOT BUYING SILVER through an online scam. Buy through ebay (bid, not highly inflated buy it now)
mahammadabba 7 months ago
I wish I had maxed out my credit cards buying silver a year ago, since then silver has doubled, I could have sold half of it, payed off the cards and had a bunch of free silver.
mahammadabba 7 months ago
Buy silver ! Buy all that you can afford to buy !!
PTTHOR 7 months ago
did any one actually listen to guy? A lot people are missing the point badly.
GhostFishSlayer 7 months ago
i bought a 3 ounce bar over spot for 21 dollars. i made 100 bucks for having a chunk of metal sit under my mattress. winning!
MrWahoodles 7 months ago 11
great little video, i bought a lot of silver 3 years ago but if fools like LostFREEDOM are in on the market maybe it is time to sell lol
gerryboy3699 7 months ago
yeah, the video is fine, people just don't like it cause it has been titled inappropriately. it has lots of good advice.
neobadandy 7 months ago
Hahahahahahahah! this should be an S and L skit. what's the next video go to school, get a good job and diversify and retire? okay. you make sense to a certain point. although have a solution not just what not to do.
takenote77 8 months ago
Only thing missing here, is a video of a crowd of people chanting "DON'T BUY SILVER" along with him. Then someone downloading that video, and uploading it in reverse suggesting that there are satanic messages encoded within it.
speedfingers1234 8 months ago
have you any idea what is coming with the collapse of the dollar?? unless you understand that - then your point of view is not valid.
SovereignBeing 8 months ago
Good video, good points. but, if you cannot buy silver, the least you could do is look for pre-1964 quarters, dimes, half-dollars, and one dollars @90% silver it's a smart and cheap way to start saving. most people out there don't think twice before using an OLD coin in vending machine or parking meter.
cymshah 8 months ago
I do agree you need to be smart about your purchasing if you are harder off and being smart about how much you spend but I do not agree totally with it because you are never too poor to make money. It is very difficult for long term investment on precious metals to lose money. If you are poor and do not invest anything, then your very little money will turn into no money if our struggling economy goes out.
TakronRust 8 months ago
You needed to make a distinction between *buying* and *trading*.
The man you cited as losing 3.5K is a "trader", not a BUYER.
Bought for the WRONG reason.
Buying now and holding it for the future is still a fantastic move.
If I substitute the word "trade" for every time you say "buy", this video makes perfect sense.
If a person buys 100oz now, expecting to turn a profit later this Summer, you are in fact very correct.
If you're young and want a real savings, BUY SILVER NOW, and go very long.
davematherly 8 months ago
Nice video, thanks for your thoughts!
TheSlowThinker 8 months ago
Dude Buying Silver is one of the smartest purchases one can make Silver and gold are REAL MONEY. The dollar is destined to collapse and that's when you will see the true value of gold and silver in the United States. Look at the Supply and DEMAND for silver and you will notice how undervalued it truly is. Even Arab oil countries are warning the United States of it's financial collapse. Their really isnt a reason not to buy unless one is forced to choose between food and silver at the moment
wmarcus1203 9 months ago
thank you for this post!
Masteroftuba3 9 months ago