I wonder if you can answer a question I have. I have heard that silver will maintain its purchasing power in an inflationary environment. But can't it go MUCH higher? Seems to me that if there is a true currency crisis, silver can go much, much higher, yet I have read blurbs in a few articles suggesting that over time, the rise will only match inflation. Thoughts? I'm asking you because I've found you to be responsive to questions. Thanks!!!
@dmger14 I was working on it. :). I think silver can go much higher because not only will it hold value during inflation but it will go up in value because of shortages or outright scarcity. Silver is needed in so many aspects of modern life and it is in demand around the world. To me that spells much higher prices.
I agree with you. It's absurd to me to believe that it will only hold its purchasing power. Not only are its uses going up and supply going down, but in a currency crisis the sheeple will rush to own it as they finally realize that fiat is trash. All of these aspects of silver bode for a rise that far exceeds simply matching inflation. Thanks
@dmger14 If you just want to hedge against inflation. put your money into gold. If you wish to hedge against inflation while also watching your moneys multiply for you, buy silver! They will BOTH protect your purchasing power but silvers price is artificially suppresed and is STILL a good deal and ON SALE now that everyone is waking up to the market rigging.
I have WAY more silver than gold for the reasons you explained. Not long ago, the US government had a lot of silver, but doesn't have any now. In only the past ten years has industrial demand for silver skyrocketed, and there isn't a lot in the ground. At the same time, millions of people from India and China are entering the middle class every week and see silver as an affordable way to invest.
@dmger14- Ur way ahead of the curve compared to most! If EVERY american wanted to buy Ag, there is enough above ground for each to own TWO oz! So the prices can and WILL go much higher! Anytime spot goes down any at all, people view it as a Ag SALE and buy more to add to their stack, thus bringing the prices right back up!
This is NOT the same old Ag market that the market players have been dealing with in the past so previous strategies FAIL!
Silver is blasting through all barriers, topping $36.5 this morning! The white bullion market is tight, and the short squeeze in the futures market is exerting a constant upward pressure on the price. If current trends persist, the all-time high of $49.45/ounce will be reached in the near future
All you people listening to this guy - DO NOT buy silver. Silver is at an ALL TIME HIGH. Its there because of PANIC BUYING which is fueled by THIS SORT OF VIDEO. The reality is that despite inflation and some devaluation of the dollar, the dollar is rock solid. The dollar is the trading currency for the most sought after commodity globally - PETROL. DO NOT fuel these price-arcs. Look at how silver has been bouncing around! Dont' Risk it
@stormbytes Sadly the dollar probably won't be the currency oil is traded in for much longer. Many are already calling for a new reserve currency. Also silver is up over $2 since you made this post and heading higher. It has not even matched its all time high yet.
@stormbytes Some Devaluation?? Russia and China are using their currencies to buy Petro..others will follow. Dollar solid..........do you know what the USD index is? Silver is scarce. Do some research.
@MrHeystupid Russia and China are using DOLLARS to buy petrol. US DOLLARS are the global reserve, backed by the US military might. THAT is what secures the currency beyond any economic factor. Petrol is priced agains the US DOLLAR. Silver on the other hand is currently valued on the PANIC of idiots like you, clearly evidenced in its PLUS OR MINUS 50% VOLATILITY - Read some charts and quit blowing hot air!
@stormbytes This is a Shit Stirrer. Channel closed. No, they just made an agreement to use their own currencies with each other. You dont know history either. All fiat currencies fail, democracies (yes we are suppose to be a republic) last on average 200 years, til 51% vote themselves a living off the working 49%,
silver has been used as currency for 5000 years, its used in industry. Look at the USDindex, faith in the Dollar is falling.
There is a great book you should read by John Mauldin entitled: Endgame - the end of the debt supercycle and how it changes everything. It explains exactly what has happened with debt explosion and implosion worldwide and how things will be different going forward. Unfortunately, logic and facts are on the side of the gold and silver bugs, and go a long way toward explaining why they've done so well in recent years and will continue to do well this decade.
Read it. It's loaded with charts, though you only need glance at them to get the point. It explains the global debt crisis, why it's interrelated, and why the problems are huge and have only been transferred from consumers, to banks, to governments before failure or long, PAINFUL recoveries. He explains problems in Europe, Asia and here. The author fully considers forces of deflation as well, so it's not like he's blind to any facts and has an agenda. It's about $9 electronic.
@stormbytes What a freakin' Shill! That or you sir are uninformed, ignorant and behind! The last 3 are not bad things to be, and can be fixed with research, but to speak out about it like you have WHILE being uninformed, ignorant or behind is a clear demonstration of your intelligence!
Anyone watching this video who wants in or is thinking about entering the physical silver market, GET IN NOW or you will only be WISHING you did soon as we go over the $40 per oz hurdle. Do not wait!
Friends and Family will have to earn their keep. There's dishes to do, firewood to cut, snow to shovel, grass to cut, dusting to do, bathrooms to clean, clothes to wash, clothes to dry, cooking to do, washing the floors, vacuuming the rugs and carpets, the dog feces in the pit to be cleaned, et al. What would I do?, I wouldn't know what to do with all the free time. This I ain't kidding around about.
THE US IS ON LIFE SUPPORT. I am surprised it has not happend yet as well. I am glad, I go back to work next week. I need to save and buy more silver etc. If our Government REALLY wanted to get out of this mess they would take action to do so, but they are not. They are pumping water into an already sinking ship. They must want it to crash, I don't know why else they would do such stupid irresponsible things! The GREED from Wall St and our politicians will change America forever, it already is.
you may vote the bastards in however there is no guarantee they will do what is best for the country.. they are only in it for themselves.. democracy is an illusion, that's all.
@navtel thats why the federal gov. power must be dismantled and given to the states and local governments respectively and the ppl must become active in the process keeping an eye on what the governments are doing!!!
if we do not we are doomed to repeat history till it destroys us all!
i been digging some old video and article , many of which predict of a great depression underway , the way they speak seems to point out that it going to happen within 1-2 years which it didn't . We are still here today. In your opinion how soon is all this going to happen?
dont get me wrong i am a believer of all this your talking about.
i been laying my hopes that all this could be saved by Ron Paul if American wakes up and vote for him.
@Rayner1234 I think it has astounded many that it has not happened already. Right now its a confidence game and I believe that as soon as the nations of the world finally lose all confidence that the dollar can be saved, and they stop lending America money, thats when it happens for America. The Fed is already the largest holder and buyer of US treasuries. Ron Paul has the solutions, but even if enacted they will be painful for America in the short term, but will save it in the long term.
@CommentaryUSA im ready for the withdraw, ill take the pain now if it means my daughter has a stable future. plus i got some painkillers they're little 1oz doses called rounds!
I am reading a book entitled Endgame, the end of the debt supercycle by John Mauldin. Great book! He says that the foundation is weak, that nobody knows what specific event will be the straw that broke the camel's back, by the important thing to know is that the system is cracked and subject to collapse. With all I've read the collapse that is already underway could speed up to where everyone knows we're not in a recovery at any time between now and 2014.
Look at the yield on 10 year treasuries to see if they rise, look at the dollar index to see if it falls and challenges the lower 70's, look at how much QE comes after QE2 and who is buying it. The important thing to know is that when the confidence is broken, things can happen very fast so it is well worth being prepared.
@Rayner1234 We are in a Depression, what do you think QE 1 and 2 and 3 are?? The system is merely being propped up! If Helicopter Ben took the training wheels off, we would crash!!
Yes, but it will not be the crash you think. You will see a complete reversal. The market will crash, gold and silver will crash, and the dollar will rise. Remember this post today and watch what is coming around July. You have been fooled by the manipulators. We are heading into a full blown Deflationary Depression. Most Americans believe the inflation B.S., and they are going to be wiped out exactly like what happened in 1930. Remember this post in july.
@drkevincampbell - Why may I ask do you think it will happen like that?...I can't see the doller rising quickly after Gold & Silver taking a dive myself
@drkevincampbell WHY? How can the dollar rise when there are so many and now unlike the last Great Depression, the Dollar is not backed by gold or silver?
@MrNukinFutz I can't tell you what to do with your money, but personally I see a benefit in knowing I would have a place to stay that the bank or landlord could not kick me out of if hard times hit and I missed some payments.
@MrNukinFutz Definitely would NOT cash in my silver. Just rent a cheaper place, but hold on to your silver because you WILL be kicking yourself when it hits $100/oz.
@MrHeystupid Everything is relative and peace of mind is subjective. Peace of mind to me is knowing that my money is safe so that I can afford to buy things in a hyperinflationary environment. Gold and silver give me that peace of mind.
@MrNukinFutz I think its a great idea. You would be better off to get a few acres in the country and a smaller house. Try to get a few acres with a spring. Guess it depends on where you live. What a relief it would be to own a place and still have a little silver or supplies on hand.,
Where's the "silver breaks $38 video!" LOL
I wonder if you can answer a question I have. I have heard that silver will maintain its purchasing power in an inflationary environment. But can't it go MUCH higher? Seems to me that if there is a true currency crisis, silver can go much, much higher, yet I have read blurbs in a few articles suggesting that over time, the rise will only match inflation. Thoughts? I'm asking you because I've found you to be responsive to questions. Thanks!!!
dmger14 11 months ago
@dmger14 I was working on it. :). I think silver can go much higher because not only will it hold value during inflation but it will go up in value because of shortages or outright scarcity. Silver is needed in so many aspects of modern life and it is in demand around the world. To me that spells much higher prices.
CommentaryUSA 11 months ago
@CommentaryUSA
I agree with you. It's absurd to me to believe that it will only hold its purchasing power. Not only are its uses going up and supply going down, but in a currency crisis the sheeple will rush to own it as they finally realize that fiat is trash. All of these aspects of silver bode for a rise that far exceeds simply matching inflation. Thanks
dmger14 11 months ago
@dmger14 GREAT QUESTION
MrHeystupid 11 months ago
@dmger14 If you just want to hedge against inflation. put your money into gold. If you wish to hedge against inflation while also watching your moneys multiply for you, buy silver! They will BOTH protect your purchasing power but silvers price is artificially suppresed and is STILL a good deal and ON SALE now that everyone is waking up to the market rigging.
Get Physical!!!
Brasscos 11 months ago
@Brasscos
I have WAY more silver than gold for the reasons you explained. Not long ago, the US government had a lot of silver, but doesn't have any now. In only the past ten years has industrial demand for silver skyrocketed, and there isn't a lot in the ground. At the same time, millions of people from India and China are entering the middle class every week and see silver as an affordable way to invest.
dmger14 11 months ago
@dmger14- Ur way ahead of the curve compared to most! If EVERY american wanted to buy Ag, there is enough above ground for each to own TWO oz! So the prices can and WILL go much higher! Anytime spot goes down any at all, people view it as a Ag SALE and buy more to add to their stack, thus bringing the prices right back up!
This is NOT the same old Ag market that the market players have been dealing with in the past so previous strategies FAIL!
Thumbs UP my reply to the SHILL to help others!
Brasscos 11 months ago
watch?v=BSCiNOIr8Mk
uRn1diot 11 months ago
Silver is blasting through all barriers, topping $36.5 this morning! The white bullion market is tight, and the short squeeze in the futures market is exerting a constant upward pressure on the price. If current trends persist, the all-time high of $49.45/ounce will be reached in the near future
savgal1211 11 months ago
All you people listening to this guy - DO NOT buy silver. Silver is at an ALL TIME HIGH. Its there because of PANIC BUYING which is fueled by THIS SORT OF VIDEO. The reality is that despite inflation and some devaluation of the dollar, the dollar is rock solid. The dollar is the trading currency for the most sought after commodity globally - PETROL. DO NOT fuel these price-arcs. Look at how silver has been bouncing around! Dont' Risk it
stormbytes 11 months ago
@stormbytes Sadly the dollar probably won't be the currency oil is traded in for much longer. Many are already calling for a new reserve currency. Also silver is up over $2 since you made this post and heading higher. It has not even matched its all time high yet.
CommentaryUSA 11 months ago
@stormbytes Some Devaluation?? Russia and China are using their currencies to buy Petro..others will follow. Dollar solid..........do you know what the USD index is? Silver is scarce. Do some research.
You are stupid.
MrHeystupid 11 months ago
@MrHeystupid Russia and China are using DOLLARS to buy petrol. US DOLLARS are the global reserve, backed by the US military might. THAT is what secures the currency beyond any economic factor. Petrol is priced agains the US DOLLAR. Silver on the other hand is currently valued on the PANIC of idiots like you, clearly evidenced in its PLUS OR MINUS 50% VOLATILITY - Read some charts and quit blowing hot air!
stormbytes 11 months ago
@stormbytes This is a Shit Stirrer. Channel closed. No, they just made an agreement to use their own currencies with each other. You dont know history either. All fiat currencies fail, democracies (yes we are suppose to be a republic) last on average 200 years, til 51% vote themselves a living off the working 49%,
silver has been used as currency for 5000 years, its used in industry. Look at the USDindex, faith in the Dollar is falling.
MrHeystupid 11 months ago
@stormbytes
There is a great book you should read by John Mauldin entitled: Endgame - the end of the debt supercycle and how it changes everything. It explains exactly what has happened with debt explosion and implosion worldwide and how things will be different going forward. Unfortunately, logic and facts are on the side of the gold and silver bugs, and go a long way toward explaining why they've done so well in recent years and will continue to do well this decade.
dmger14 11 months ago
@dmger14 back in 1992 two leading economist wrote The Great Reckoning.
I underlined it like a school book I was so interestsed. I will have to get Endgame.
They suggested people learn to live like a Korean immigrant then.
MrHeystupid 11 months ago
@MrHeystupid
Read it. It's loaded with charts, though you only need glance at them to get the point. It explains the global debt crisis, why it's interrelated, and why the problems are huge and have only been transferred from consumers, to banks, to governments before failure or long, PAINFUL recoveries. He explains problems in Europe, Asia and here. The author fully considers forces of deflation as well, so it's not like he's blind to any facts and has an agenda. It's about $9 electronic.
dmger14 11 months ago
@stormbytes What a freakin' Shill! That or you sir are uninformed, ignorant and behind! The last 3 are not bad things to be, and can be fixed with research, but to speak out about it like you have WHILE being uninformed, ignorant or behind is a clear demonstration of your intelligence!
Anyone watching this video who wants in or is thinking about entering the physical silver market, GET IN NOW or you will only be WISHING you did soon as we go over the $40 per oz hurdle. Do not wait!
Brasscos 11 months ago 2
Friends and Family will have to earn their keep. There's dishes to do, firewood to cut, snow to shovel, grass to cut, dusting to do, bathrooms to clean, clothes to wash, clothes to dry, cooking to do, washing the floors, vacuuming the rugs and carpets, the dog feces in the pit to be cleaned, et al. What would I do?, I wouldn't know what to do with all the free time. This I ain't kidding around about.
jimbobubbadj 11 months ago
backing currency with gold and silver get almost no airtime - great video!!
junksilverman 11 months ago
@junksilverman Thank you!
CommentaryUSA 11 months ago
Make sure you have plenty of silver, water, food, and ammo. Then you can sleep easy at night.
numag1 11 months ago
THE US IS ON LIFE SUPPORT. I am surprised it has not happend yet as well. I am glad, I go back to work next week. I need to save and buy more silver etc. If our Government REALLY wanted to get out of this mess they would take action to do so, but they are not. They are pumping water into an already sinking ship. They must want it to crash, I don't know why else they would do such stupid irresponsible things! The GREED from Wall St and our politicians will change America forever, it already is.
stixin2000 11 months ago
you may vote the bastards in however there is no guarantee they will do what is best for the country.. they are only in it for themselves.. democracy is an illusion, that's all.
navtel 11 months ago
@navtel thats why the federal gov. power must be dismantled and given to the states and local governments respectively and the ppl must become active in the process keeping an eye on what the governments are doing!!!
if we do not we are doomed to repeat history till it destroys us all!
antichrist1909589 11 months ago
@antichrist1909589 TOTALLY AGREE
MrHeystupid 11 months ago
i been digging some old video and article , many of which predict of a great depression underway , the way they speak seems to point out that it going to happen within 1-2 years which it didn't . We are still here today. In your opinion how soon is all this going to happen?
dont get me wrong i am a believer of all this your talking about.
i been laying my hopes that all this could be saved by Ron Paul if American wakes up and vote for him.
Rayner1234 11 months ago
@Rayner1234 I think it has astounded many that it has not happened already. Right now its a confidence game and I believe that as soon as the nations of the world finally lose all confidence that the dollar can be saved, and they stop lending America money, thats when it happens for America. The Fed is already the largest holder and buyer of US treasuries. Ron Paul has the solutions, but even if enacted they will be painful for America in the short term, but will save it in the long term.
CommentaryUSA 11 months ago 3
@CommentaryUSA im ready for the withdraw, ill take the pain now if it means my daughter has a stable future. plus i got some painkillers they're little 1oz doses called rounds!
antichrist1909589 11 months ago
@Rayner1234
I am reading a book entitled Endgame, the end of the debt supercycle by John Mauldin. Great book! He says that the foundation is weak, that nobody knows what specific event will be the straw that broke the camel's back, by the important thing to know is that the system is cracked and subject to collapse. With all I've read the collapse that is already underway could speed up to where everyone knows we're not in a recovery at any time between now and 2014.
dmger14 11 months ago
@Rayner1234
Look at the yield on 10 year treasuries to see if they rise, look at the dollar index to see if it falls and challenges the lower 70's, look at how much QE comes after QE2 and who is buying it. The important thing to know is that when the confidence is broken, things can happen very fast so it is well worth being prepared.
dmger14 11 months ago
@Rayner1234 We are in a Depression, what do you think QE 1 and 2 and 3 are?? The system is merely being propped up! If Helicopter Ben took the training wheels off, we would crash!!
savgal1211 11 months ago
By the way, we did not elect the FED. They are not part of the government.
drkevincampbell 11 months ago
@drkevincampbell Obviously we did not elect the Fed. But we did elect the clowns who appointed Bernanke.
CommentaryUSA 11 months ago
Yes, but it will not be the crash you think. You will see a complete reversal. The market will crash, gold and silver will crash, and the dollar will rise. Remember this post today and watch what is coming around July. You have been fooled by the manipulators. We are heading into a full blown Deflationary Depression. Most Americans believe the inflation B.S., and they are going to be wiped out exactly like what happened in 1930. Remember this post in july.
drkevincampbell 11 months ago
@drkevincampbell - Why may I ask do you think it will happen like that?...I can't see the doller rising quickly after Gold & Silver taking a dive myself
IronicallyVague 11 months ago
@drkevincampbell LOL it would not happen anymore. Just see Japan crisis didn't help US$ even a bit ha ha..
We Asians are wise enough to park money in what makes sense. US$ is nonsense.. Same is our fiat currency
evergreensing 11 months ago
@drkevincampbell WHY? How can the dollar rise when there are so many and now unlike the last Great Depression, the Dollar is not backed by gold or silver?
MrHeystupid 11 months ago
Been thinking of selling my silver to buy a home cash. What do you think??? I currently rent and can reduce my bills a ton by buying a home outright.
MrNukinFutz 11 months ago
@MrNukinFutz I can't tell you what to do with your money, but personally I see a benefit in knowing I would have a place to stay that the bank or landlord could not kick me out of if hard times hit and I missed some payments.
CommentaryUSA 11 months ago
@MrNukinFutz Definitely would NOT cash in my silver. Just rent a cheaper place, but hold on to your silver because you WILL be kicking yourself when it hits $100/oz.
numag1 11 months ago
@numag1 well, I also believe houses will go down much further and silver up lots more. but wouldnt the guy have peace of mind now.
MrHeystupid 11 months ago
@MrHeystupid Everything is relative and peace of mind is subjective. Peace of mind to me is knowing that my money is safe so that I can afford to buy things in a hyperinflationary environment. Gold and silver give me that peace of mind.
numag1 11 months ago
@numag1 so True.
MrHeystupid 11 months ago
@MrNukinFutz I think its a great idea. You would be better off to get a few acres in the country and a smaller house. Try to get a few acres with a spring. Guess it depends on where you live. What a relief it would be to own a place and still have a little silver or supplies on hand.,
MrHeystupid 11 months ago
DXY is now 75.50, 3 cents from the 52 week low. I noticed the Yen went right back up despite G7 intervention
OwlWatchman 11 months ago