Why Im buying silver (paper money is losing its value)

[jackgoldman1]

Sad to watch the Founding Fathers dream being destroyed by Hebrews and Western Europeans who are bleeding the 99% of their money with counterfeit bank debt notes. History is clear. This ends in a crash 100% of the time. Dow is $650 in silver coins. Gasoline is 20 cents in silver coins. It's a money bubble. Prices up 1,000%. Labor up 500%. Hebrews, government, owners, bankers, brokers win. Families are bankrupted. End the Fed or the Fed will end the U.S..

[kiddyuknot]

The price of gold from the Treasury for international transactions was thereafter raised to $35 an ounce ($587 in 2010 dollars). The resulting profit that the government realized funded the Exchange Stabilization Fund established by the Gold Reserve Act in 1934.

So like Obama, the Leftists will justify their thievery and then use the profit or loss as justification

real life examples:

[kiddyuknot]

@kiddyuknot

when hillary clinton was asked about her illegal stock transactions years back her "claim to innocence" was

But I didnt make a profit

when obama forced taxpayers to bail out his union buddies, it was justified as , Look, we made the American people a profit



[kiddyuknot]

The real value comes when you need it

if you sell it you will get usd, ironically

if you dont sell it then while you "lose" the profit

the real reason to hold gold and/or silver???

IS TO PAY THE BORDER GUARDS AS YOU GO TO ESCAPE

[kiddyuknot]

fdr actually confiscated the peoples gold

[phillisthebarbarian]

@kiddyuknot only those who left them in safety dep boxes... most ignored and held tight.

[kiddyuknot]

@phillisthebarbarian

On March 6, taking advantage of a wartime statute that had not been repealed, he forbade the hoarding 'of gold or silver coin or bullion or currency,' under penalty of $10,000 fine or ten years imprisonment or both."[2]

THAT MEANS that he/ local police had the right to enter your home to find the "illegal" goods

nice boy that leftist scum fdr was

[kiddyuknot]

Honestly

I dont think it matters

when Katrina hit, the dems forced law abiding citizens to turn over their weapons while the bg still had theirs

the good people will always follow the law and be sheep until its toooo late

history repeats

[brandonbowerstx]

If you don't HOLD it, you don't own it.

ALL paper claims are subject to counterparty risk.

This includes every fiat currency, 401K, stock, bond, contract.

[snatchbunddlez]

where did u get ur coins sir?

[mixflip]

@snatchbunddlez A coin shop in Las Vegas.

[ResistanceIsUsefull]

Hi. I have enjoyed your other videos - good work. I just wanted to comment on this video as I have read Robert Kiyosaki books in the past and attended several seminars and thought what he spoke about was the "gospel" so-to-speak. I found his ideas so "out-there" that I did a little research and came across an informative website authored by a man named JOHN T. REED. He has done an in-depth analysis on Kiyosaki and it was quite eye-opening and a great read - I suggest you, and others, read it!

[mixflip]

@ResistanceIsUsefull While I enjoy Kiyosakis books I am not a blind faith follower so to speak. I just think he has some interesting thoughts and ideas since you dont see too many multi-millionaire, pro 2nd amd, USMC Vietnam veteran, preppers. I dont agree with 100% of what he says and I dont think "every" person can duplicate his success just by reading his books. Life is like a buffet. I take what I want/need. Truth be told I read his books because he is from Hawaii lol.

[kiddyuknot]

@mixflip

you got it

good videos

[phillipgaley]

@ResistanceIsUsefull If you're buying pm's, when the Bible's: "And they shall cast there silver into the streets, and the gold shall have already been taken." proves true, you're going to be greatly surprised at how so many gold-bugs could have been so easily fooled, . . .

[armancho76]

interesting video thank you for the input .. i found it particularly funny that you mentioned jesus while displaying 30 pieces of silver ...)))))

[mixflip]

@armancho76 I need to make an update video about my thoughts on silver and gold.

[rdakessian]

and today its $28 so if you bought at $40 you lost a bunch. now what?

[mixflip]

@rdakessian Yep. That is very true which is why I only bought what I was willing to lose. Every investment is a gamble. No one knew prices would adjust so radically. Will gold do the same? Possibly. Which is why any smart investor diversifies. I had a $1000 to play with and took a chance. I wont buy more any time soon. I will be buying ammo consistently though. Its amazing how folks look at a case of 5.56 or 7.62 nowadays? It might be more valuable than silver & gold?

[rdakessian]

@mixflip what would you do with a stock pile of ammo. who would you sell it to when you need to?

[mixflip]

@rdakessian If the power grid was destroyed tonight by a solar flare or man made EMP...ammo might come in handy to protect my family. The government would be in the dark and in a week or so folks might get desperate. The ugliest thing on Earth is a desperate human being regardless of their religion or socioeconomic status. Trade? I could trade ammo with my neighbors and other friends and relative that my have supplies I might need and vice verse. Of course this is an extreme example.

[ViolentKisses87]

If money is losing money then perhaps you should take out some loans so you can pay them back at likely negative interest since the money you will be paying it back with will be of less value :3.

[mixflip]

@ViolentKisses87 I only bought about a $1000 of silver. I believe that if the economy tanks and the banks lock their doors, we will need guns & bullets and sustainable food & water... more than silver.

[ViolentKisses87]

@mixflip Fair enough I suppose.

[StunnedMutha]

i know a guy who does this, smart

[Ffynn]

Just my opinion, but I think you've wasted your money. If shit hits the fan in the way you're talking about, a pack of cigarettes will hold more value than all your silver... Not suggesting you hoard cigarettes, just a slightly humorous analogy...

[mixflip]

@Ffynn I actually might agree with you. The key is not to dump "all" your money into silver. Dont dump your money "all" into anything. Diversify. I bought a $1000. And I am not afraid to sell it the second I can double my investment. Then use the profits to buy freeze dried food or ammo both of which might be better bartering tools in a depression. I have heard alcohol and cigs might be good bartering items too but I dont want to stock pile things that I wont use if nothing happens. lol

[silvermediastudio]

Kiyosaki didn't make his money from real estate, he made it from selling books. He was successful with real estate, but he hit an extremely fortunate time in a very niche market. Take his book with a grain of salt because it isn't the full story. His common sense ideas about educating yourself on the way the economy works is good, but if you don't know you need to learn and educate yourself, then you're likely not even looking at this.

[mixflip]

@silvermediastudio He and his wife were both millionaires and retired from their real estate business. (buying and renting property for cash flow-not flipping). His book Rich Dad Poor Dad made him famous because it was featured on Oprah 10 years ago. Yes his books made him alot of money but he was a self made millionaire years before the book came along. Did you even read it?

[silvermediastudio]

@mixflip Yes, I read it sometime in 2003-04, along with Cashflow Quadrant. Like I said, decent books, some good common sense. At that time I started doing real estate myself, part time, mostly flips as the rental market was not strong. Made a decent income on the side, but got out of it as the RE market started to tank. I've just gotten back into flips the last two years, with the availability of foreclosures and distressed properties.

[mixflip]

@silvermediastudio Im glad you made a profit from flipping. Flippers were some of the worst hit when the market crashed in 07. From what I gathered from Kiyosaki, he does not teach "flipping" since flippers are not true real estate investors. Flippers are essentially "retail sales" buying a product low and selling high. Thats not the mindset Kiyosaki sees as true cash flow. I like the idea of renting 10 condos. My grandmother has been in the landlord game since the 80's and its pretty stable.

[silvermediastudio]

@mixflip This is true..I say flip, I was more of a renovator. Buy a property thats distressed, needs work. Get the loan, get a few contractors in, pop it on the market and turn a quick profit. Wash, rinse, repeat. So the investment wasn't into property appreciation (old school RE investment), rather, it was identifying diamonds in the rough, doing the project management, and then getting them sold (RE Agent's job). Renting is great, if you can deal with renters. Or hire a property manager.

[silverpornUK]

nice video, and nice rounds! Keep stacking ;-)

[89schlappe]

smart people buy gold and silver. hyper inflation will come and when that happens you should get your gun ready.

btw the Vietnam war was the reason for the dollar to lose its link to gold (look it up).

the important point is not that the value of silver/gold increased but rather that the value of the dollar dropped. the high gold and silver prices give you a good image of what your paper is worth.

[mixflip]

@89schlappe Very true. Its not so much that gold/silver is going up...but more that the purchasing power of paper money is decreasing.

[silvermediastudio]

@89schlappe What will your Au and Ag be worth if/when the USD is worthless?

[89schlappe]

@silvermediastudio gold never lost its buying power

[silvermediastudio]

@89schlappe So, how much gold for a chicken? Or a dozen eggs?

[jutubaeh]

@89schlappe bingo evry silver linen lol

silver is better in your stereo etc. the way we can sea jacksons (et als) okkklux agenda with all this helloween hype etc roamin about for some ´decade´ now gold is gonna come around handy for ritualistic manners, rings, blades, armor... maybe even bullets !? though at the moment it seems to stick to the number of the grande oops opossum!?! just a trick?

maybe gold is like sugar to quickly counter unter sugarization ? apart from gold though idk much..!

[pauljourdain]

you inspiered me i already starred

[Duckyistrippin]

silver is great and all...but when currency has no value. what makes you think silver will retain any worth? its a precious metal with little use in society other than jewelry these days. You cant eat it, cant plant it. Stock up on shit you can use to get you through. Dont buy into the monetizing metals. When there are no goods to buy, all forms of money will be useless. This is the quintessential american flaw. Consumerism at its worst. PROVIDE for yourself.

[mixflip]

@Duckyistrippin While agree 100% with your comment.The fact is gold & silver has been used to trade for good and services 4000 years ago and it wil keep on being valuable.Who says I cant have both prepper supplies and PM's?We will rebuild after a solar flare or economic collapse etc etc.And if nothing happens and the economy recovers I cant pay my rent with food & bullets but I can redeem gold & silver. Its a hedge against inflation not money for the Apocalypse which I said in my video.

[silvermediastudio]

@Duckyistrippin That's my question... say the USD collapses. What is Ag and Au worth? How much silver do you trade for a chicken and a loaf of bread? A gram, an ounce, a pound? There's no telling, and it depends on your local market and how hungry you are. Why would somebody with chickens want your metals?

[Duckyistrippin]

@silvermediastudio People fail to realize when the next collapse hits, its going to be a big one. Your money will be worthless, your gold will be worthless. The next collapse is much more likely to be global as opposed to local like the depression. For t here to be a one world economy, its going to have to play out pretty much like that. And one world economy is exactly what the elite wants. Gold coins are useless as freeze dried food.....Where will you get your drinking water? ;)

[MIDWEST507REPIN]

Have you heard of Ron Paul?

[mixflip]

@MIDWEST507REPIN yep Ron Paul is very outspoken on the financial crisis and gold & silver. I like him too.

[guildwarior6]

All it takes is one smart man with an incentive to get us out of where we are. We need another Franklin Roosevelt :/

[paulde0]

thanks great vid

[2kargarage1]

Nice

[NWguy83]

buy stocks in graphene

[mixflip]

@NWguy83 Didnt you hear? The stock market crashed yesterday. August 4th 2011. Worst drop since the bubble burst of 2007.

[Duckyistrippin]

@mixflip when the stocks are down is the best time to buy. dont you understand the overall plan is to devalue america, and basically part it out. Happened in the 30's and is happening today. Offshore investors own more of our country than we do. by far.

[mixflip]

@Duckyistrippin Yep I already know. America has been devalued since the creation of the Federal Reserve which is owned by the worlds richest non-American world bankers and is immune to govnt audit. Then its devaluation got increased with Nixon taking us off the gold standard in 1971. We are experiencing today what Germany experienced in 1936 when the Mark suffered hyper inflation and a million Marks could barely buy bread. We need to get back on the Gold standard and off the debt backed dollar.

[Duckyistrippin]

@mixflip you ever heard of Stansburry Investment Research? they have some interesting videos.

[mixflip]

@Duckyistrippin I'll check them out.

[TheHomeDefender]

Mr Kiyosaki is also reported to be a prepper. I will pm you the link. Aloha, J.

[mixflip]

@TheHomeDefender I wouldnt be surprised. Any person smart enough to follow the world US and world economy knows that every fiat currency in history will eventually fail at some point. Maybe he thinks it could happen sometime in his lifetime? Everybody should prep for emergencies...rich or poor. Pls he was raised in Hawaii where everybody is used to SHTF situations like hurricane Iniki back in the 90's that destroyed Kauai. No power, no water, no phones, no emergency services.

[videosbymike]

If SHTF today I don't think I would trade my food,water,guns or ammo for silver or gold. When all of my food,water,guns,ammo run out then what do I do with the silver&gold? I can not eat, drink,protect,wear it etc. But someone will want some ammo for their gun to protect what other resources they still have left.

The rich oil nations can not drink the oil,but we will trade them water for it so we can run our generators and vehicles. They know that they can not drink oil.

Glock n Load,

Mike

[mixflip]

@videosbymike Anything can happen and none of can say exactly how a SHTF situation will play out? My thing is that at some point we will rebuild. Just like Japan rebuilt after living through their own SHTF (living through a couple nuclear bombs) At some point we will rebuild and if I am lucky enough to still be alive, those with silver & gold will have the advantage. It was valuable 1000 years ago and should have value 1000 years into the future I hope? Whats better 1 bullet or 1 silver coin?

[mixflip]

@videosbymike It would be different if 1 bullet will be worth 1 silver coin but in reality I think it will take a whole ammo can of bullets to compare to 1 silver coin? Logistically you'd have to have ALOT of ammo on hand. And how much ammo can you carry in your pocket? You can carry alot of gold and silver coins. The Greeks and Romans used gold & silver as money. I have no reason to think it wont have intrinsic value in the future if we get sent back to the stone age? (no oil or electricity)

[Itachi810]

This is a great video. Thank you for sharing.

[mixflip]

@Itachi810 Thanks for watching.

[jmmurdy]

Nice read rich dad poor dad....its great if you can do it and stick with it....good video

[mixflip]

@jmmurdy I just read his newest book "unfair advantage" and it was a really great read. The current commentary and opinions on things as recent as this year 2011 in this book are very eye opening. Rich Dad was written 14 years ago and ironically still has relevance today and has returned to #1 best seller for some reason? I guess alot of folks have been recommending it?

[TacticalSoleSurvivor]

If you really want to invest in something, buy more ammo. At today's prices, I have "made" 50% to 100% on my "investment". I actually believe that what you are saying is true. Real estate, stocks, bonds, futures, IRA's, pensions, social security and such are all going downhill with the economy. People should invest in themselves and their family. Self sufficience is the key. Don't trust "markets" or the government to sustain your wealth.

[m15a1nv]

@TacticalSoleSurvivor i also agree.

[mixflip]

@TacticalSoleSurvivor I agree ammo is nice to have but I am not ready to invest $1000 in bullets right now. I am more concerned with my savings losing its value due to inflation and the Fed printing a billion dollars a day making my paper money worth less and less every day. I still buy bullets though.

[Saltycrabs]

I buy myself a 1oz silver bullion coin every month. its not much but its all I can afford right now.

[MrSaber152]

@Saltycrabs it adds up fast. were do you sudjest buying silver from?

[Saltycrabs]

@MrSaber152, I buy mine off ebay after midnight. People don't bid when there asleep.