F*#$ you Ben "Bubbles" Bernanke, F$*# the Fed, and f*$* your lap-dog "Owe"bama. You both along with the Federal Reserve as "Federal" as Federal Express are on a quest to destroy whatever little economic capacity this country has left. Get you money out before it is evaporated. Real money is gold and silver not your toilet paper dollars. The last person with any balls to try to stop you (JFK) was brutally assassinate by your criminal cabal. I am glad I fled the US.
no new information to me but a what a great way to articulate !! and i usually hate videos regarding this type of information that plays music in the backround, but you pulled it off. nice
Bernanke, Geithner and other heartless capitalistic morons are still servind under this administration.. WTF is goin on with you american people? Wake up and hit the roads!!!!!!!!!!!!!!!!!!
Bring back US treasury cerificate....burn the fiat money!
By the way we can't make gold! So screw him. The M3 money supply is out of control! So screw him again. We are in 2009 Berk! 700 billion (tarp) plus 700 bilion in stimulus plus shit load of other subsidies...[healthcare plan] another 600 billon??
Is there enough gold in Fort Knox to cover this???
He is but a servant to THE International Ruling Elite. Following orders to bring America to it's knees which = less freedoms + more control ! Hard assets !!
nice...Bernanke is not an idiot. Idiots don't score 1590 on the SAT. He knows exactly what he's doing...or at least what he's told to do. As precious metals investors we all must have cast iron stomachs to get us though these wild ass downswings. They're enough to make you go batty!
I believe that he also knows just how well his alchemists gold/silver producing knowledge would work in reverse,so rather than produce so much real gold/silver that it becomes extremely cheap,he instead produces so much paper gold,and paper silver that it becomes so cheap,that it is no longer viable to mine real gold/silver sufficiently to meet demand,and when the comex defaults?...then he'll just say 'Abrakadabra'! and our silver just turned into platinum.Know that's what I call alchemy:)
John, you've smashed another one out of the park mate, I've spent weeks slowly building the belief that deflation will be the greater threat than inflation due to all sorts of theories I've read about, and that belief has just been popped in less than 2:36 minutes. Bernanke is an expert at inflating the dollar, and he's going to prove it, and in a manner in which I think will show how vengeful he is at the insult that he was incapable to do so.
Oh, he knows economics -- Keynesian Economics. He just doesn't know that it FUCKS a monetary system.
Central banks will always cause the problems that we have now.
The diff between gold and the US dollar is monumental. One has to physically exist, and the other can be printed at a banksters will with no regard to the physical value of goods in the economy!
I think he knows the damage it does to a monetary system, in the same way a demolition team knows what damage a wrecking ball does to a building that stands in the way of another building that is desired to be built on the same spot. I think the US dollar has outlived it's purpose to them, and will be replaced with something more conducive to 'progress'
Nice sub-text John. You know the programme for the US is pretty well prescribed now for all that listen. Auz and NZ are another story as there's not much analysis here. Of course all the problems with the US will not affect us and the Schiffs etc are preaching the virtues of both our countries...Have you determined a 'playout' for us once the US goes under?
the usd has been exported around the globe - infact, thats why its been as strong as it has for this long - any other currency would have crumbled decades ago -but being the world reserve currency, they could sell it off...
if the usd collapses... the world goes down with it. sounds insane... but it fits.
If all the countries of the world that hold US dollars as a portion of their wealth have that wealth shrivel down into the paper that it is, then I would think that loss of purchasing power is going to have a serious impact alright, and any trust that country had in their own currency is as good as toast also, because when the biggest boy in the gang goes down face first into the pavement as a public example, then all the other fakers will disappear rather rapidly too, like the frauds they are
It's all perception and has been ever since the USA left the gold standard in 1971. The USD is backed by absolutely nothing of value other than the full faith and credit of the US Government, not gold or silver. As long as the world accepts it as the Reserve Currency the facade could continue indefinitely. If countries begin positioning themselves to exchange it for another reserve currency, a rush could occur to get out of the USD before it deteriorates significantly. Then, all bets are off!
But, as long as the world continues to accept the USD as the reserve currency, the facade can go on indefinitely. The reserve currency for the world is backed by nothing of tangible value, no gold, no silver. It's all politics, positioning and perception!
So, keep up the facade and nothing changes. Mathematics does not matter.
Scientists found a way to create gold in nuclear reactors or particle accelerators. Mercury 198+6.8MeV gamma ray-->1 neutron+Mercury 197 (half-life 2.7 days yields Gold 197). This requires a tremendous amounts of energy to achieve. 197 means atomic weight. Remember this is a isotope of Mercury.
I just think that there is a reason why we call gold and silver PRECIOUS METALS......because they are precious and rare. Also anything can be an asset as long as you buy it for 1 and sell it for 2
I like that first majestic site thanks for alerting us to it :)
God put gold and silver on this Planet for a reason for us to use it to buy food and house our familys, and use it for electricity etc when you hold a bar of "silver" in your hands you can feel the power and positive energy it holds.
While the actual philosopher's stone does not and is obviously scientifically impossible, the fiat philosopher's stone is readily available if you've got the reich* connections.
Oh, this comment was for someone referring to the Philosopher's Stone. I totally get the vid. I've been trying to tell people that the best weapon is the shadow of incompetency; they're too intelligent to make so many 'mistakes'.
I did address you with another comment on here, though. Could you reply to it...if it's not too stupid for you(the results you and many speak of, I comprehend and agree with. Hell, this 'friend' of mine called the crash in early 2007)? Thanks, SC.
I'm sorry, I wasn't specific. I'm asking in terms of it's possible properties as 'manna' from stories of old? Gold has and is being used to treat cancer. Contrary to popular belief, it is very useful outside of the wealth factor. There are new studies going into the uses of monatomic elements. The whole alchemy thing is out of whack, I know. Again, sorry if it came out 'religious' or plain nutty. Thanks for replying.
I see what you're saying now, yeah, gold is used in all kinds of applications for biological treatments. Things like nanoparticles, markers--stuff like that.
I'm a chemist, so I have a lot of respect for my profession's roots in wizardry--and plenty of discoveries were actually made this way. Phosphorus is the first one that comes to mind.
I guess you're one of those people that lost more than 50% of their wealth betting market. Good luck, you have no clue how the Gold/Silver markets work. The central banks have no more gold to supress the markets any further.
Become more educated on the gold market before you make such dumb comments.
I bought $20,000 worth of gold in 1999 and sold it last summer. There is no such thing as free markets, Gold went from $800 in 1987 to $250 in 1999. Besides gold is a useless metal!
You made a good return then. I agree, there's no free market, but markets eventually will show their truth worth no matter how much gov'ts try to manipulate it up or down.
Athough, Gold has some industrial value, its main purpose for humanity is presavation of wealth. Gold has always won & will keep on winning against inflated paper assests.
I'll tell you what, wait and see who will be right. You put you money where you think it may be safe, I'll put money in gold & silver. Good Luck.
I don't think gold is a bad investment, but I agree that palladium and silver are much better investments right now. I think gold is undervalued, for sure, according to inflation. But if 16:1 is the historical ratio with silver, "undervalued" is about the biggest understatement one could use to describe silver. Palladium is nice too, with it's increasing uses...
Silver is a good play indeed. I have 70% of my total portfolio in silver, just bought more on the recent dip. 30% is gold. Although, palladium is a good buy, it has never been seen as a monitary metal. Although, that might change in years to come.
Well, at least you're putting your money in hard assests and getting out of anything paper, i.e. currencies, stocks, bonds, etc.
Hello nycman247... i read your post about gold...i have a question, and this might sound naive to me... but how do you sell your GOLD... do you go to the pawn shop or coin dealer... how do you sell your GOLD?
I am an owner of physical gold and silver. If you are selling a small amount you can sell it to a coin shop. If you are talking about a larger amount you could sell it to an online bullion merchant or even a bank. In the worst case scenario you can sell it to a refinery who usually can give you 95% of spot price (which is why cash4gold is a ripoff)
Congressmen know what the bankers are doing thats why they are making th US mint make palladium coins. Just type "US mint palladium" on google. Also the bankers are pushing a palladium ETF to fool people instead of buying the physical metal. Sad but the bankers will steal your wealth until you truly understand money. The video by William Still called "money masters" is the best thing I have found on the subject.
I watched the "money masters" last year. It is good documentary.
I know about the US mint producing palladium coins. But there's a reason for that. They have no more silver and gold to meet the demand. In fact, they stop shipping out gold coins a few months back. Their attempt to make other metals part of the monitary system will not work. This is because their intension is to skew the value of their fiat currencies and nations like China, Russia and India will not fall for it.
I bought $20,000 worth of gold in 1999 and sold it last summer. There is no such thing as free markets, Gold went from $800 in 1987 to $250 in 1999. Besides gold is a useless metal!
I went to a yard sale the other day and a guy was selling 10oz silver bars for $100 each. I didnt buy them because I am poor. But I was just wondering if that was a good deal?
To those that are gold / silver bugs, there's enormous head & sholder curve forming in the gold market. My perdiction is that gold will break past $1017 resistance by mid to last Aug/08. Buy Gold and Silver. Paper assests are going down. You need to own hard assests and communities.
I assume your using a candlestick chart for that head and shoulders pattern? If so could you tell me what time period your using for the sticks? Hours? Days? Just so I can have a look.
I'm not using Candle Sticks. Just resistant and support lines.
Go back to the beging of 2008 until now. You can visually see the head & sholder forming. My prediction is that once gold peaks 1017, it can go as high as 1250.
Tradergee had a video recently entitled "Par Deux." He points out a very interesting theory. IT WOULD MAKE SO MUCH SENSE! Keep in mind that if Gold dissappeared off the planet, we would be fine. silver vanishes?....UH OH! The basis of his theory is that because the US itself is mostly responsible for the manipulation, they are prob stockpiling it! China gets the gold. USA gets the silver. hint: when the controlled mainstream media talks about PM, silver is never mentioned, only gold. Great vid J
Good video but it proves that Ben has always been wrong. You see, a 1000 years ago people believed in gold so even if you created a gold printer and everyone knew about it. The value of gold would not go down until newly created gold entered the economy.
JUST LIKE THE US DOLLAR.
And this guy got 1500+ on his S.A.T's and wrote that shit. I probably would have gotten 100 on my S.A.T. I feel I am 10 times smarter than Ben.
I think Ben has the coolest beard on the planet! A man with a beard that cool deserves to be in the woods, not in Washington. You make the best vids, John. Keep it up, baby!
and thanks for coming back .. Because of you I bought almost 100 troy Oz a few weeks ago. I would go and buy more of this shiny stuff, But I want to wait till the end of the month :)
good point, the answer, imo, a massive transfer of wealth from the working people to the investers "private bankters" also they didn't just create the "money" they borrowed it into exsistence on the back of the US"citizen/person."
For those of you who want to know the truth, buy a law dictionary, and look up the word you think you know, and you'll soon find out you don't know much about the MATRIX, THERE STATUTES DON'T APPLY TO THE LIVING WO/MAN
This is a common misconception... if I buy a house - i put say 300,000 into the economy... if i default... it goes as a loss on the banks balance sheet. but the original 300,000 i spent for the house doesnt get removed from the economy.
with a fiat currency system - deflation is just the slowage of money printing - cause you can't ever actually stop printing cause there are debts to be paid.
Stella, what do you think would happen to the currencies around the world if the 'pandemic' hits harder according to the new mutation found(Sao Paulo), in fall? Would the other nations' currencies also inflate along with the dollar, keeping the greenbacks level or with higher value because of a 2 billion dollar payout(possibly) by Bush&Obama to Baxter for vaccines ahead of schedule(info from NICOLEMTL)? Just wondering...a friend brought this scenario up to me.
But in the case of a global pandemic growing exponentially...wouldn't said currencies inflate so much to where they would drop in value with the dollar, but equal to what they are now in comparison to the reserve dollar, prolonging bad 'confidence'? Either way, the hard money will reign but it may take longer than we think for it to jump, maybe.
Creditor nations then? I'm in SEK, which has lost 18% (to date) to the Euro. But Sweden has been a budget surplus, trade surplus, positive savings nation for many years. Swedens net export is 15 times that of China (per capita).
Now we have 0.25% key interest rate since last Tuesday... Lol?... I'm paying less for my house than the rent for a small apartment in a suburb... (right now). Will it be Weimar here too? I have a lot of silver, but it would still be bad...
debt based fiat always inflates, the mathematics of how the money is put into circulation demand it (debt attached at inception = only creates principle = always increasing debt = always inflating the currency = yes there are times when it deflates/contracts but long term always inflates)
Nice video, John! I'm glad you've decided to keep the channel going.
Incidentally, in the latest edition of Wall Street Unspun, Peter Schiff, in response to a caller, did a nice job of summarising the deflation vs. inflation debate; it's 0:36:34 into the podcast, for anyone interested.
Love your vids. Keep producing and spreading knowlege. The people need it.
Those who are aware will thrive/survive and those who go goostep into their full on slavery will welcome their demise. Religion is a fine instrument but let us take RESPONSIBILITY
Bernanke is no dummy. Ditto Geitner, Greenspan and the Jews that control the global financial system. They know exactly what they are doing... bankrupting America and the rest of the world. Wonder where all their loot will end up? Israel???
People like to say the same of apparent 'mainstream media airheads' also. They are smart tactful well-paid people. They look after their masters and earn their money.
But I think the rest of the world will recover if they start using sound money. The US economy needs to go through serious restructuring, and the way things are going with the totalitarian plans of the state, it's only gonna get worse.
Also, there is a growing sentiment of dislike for anything US. When the dollars become worthless this isn't gonna sit too well with a lot of people. Let's hope it doesn't come to war.
I've been duped long enough!! The game is OVER !!
mssquirrely 2 weeks ago
F*#$ you Ben "Bubbles" Bernanke, F$*# the Fed, and f*$* your lap-dog "Owe"bama. You both along with the Federal Reserve as "Federal" as Federal Express are on a quest to destroy whatever little economic capacity this country has left. Get you money out before it is evaporated. Real money is gold and silver not your toilet paper dollars. The last person with any balls to try to stop you (JFK) was brutally assassinate by your criminal cabal. I am glad I fled the US.
msungs 1 year ago
Great video..Love the new format !
cantsleep812many 1 year ago
god bless papa smurf
rolficus 1 year ago
1280 $ per GOLD ounce ...
aviomaster 1 year ago
the dollar is "fools gold" at most...
donniebrasco24 1 year ago
no new information to me but a what a great way to articulate !! and i usually hate videos regarding this type of information that plays music in the backround, but you pulled it off. nice
PatriotTom1 1 year ago
Apparently the illuminati are mining gold out of salt water. Where do I get one of those machines?
EMPIRE0FLIES 1 year ago
Bernanke, Geithner and other heartless capitalistic morons are still servind under this administration.. WTF is goin on with you american people? Wake up and hit the roads!!!!!!!!!!!!!!!!!!
stathisfull 1 year ago
Good video
toshibavoodoo 2 years ago
Good video.
JOHNNYH8STHENWO 2 years ago
Thank the jews who ruined the world; ben bernake and all the others!
sharkloaner 2 years ago 3
Lol. great video
maximusTLP 2 years ago
Bring back US treasury cerificate....burn the fiat money!
By the way we can't make gold! So screw him. The M3 money supply is out of control! So screw him again. We are in 2009 Berk! 700 billion (tarp) plus 700 bilion in stimulus plus shit load of other subsidies...[healthcare plan] another 600 billon??
Is there enough gold in Fort Knox to cover this???
sonyse2t5 2 years ago 5
fort knox is empty
read up!
GATA (gold anti trust action committee)
ik999 2 years ago 7
Comment removed
Brainman94 2 years ago
Apparently there has been absolutely nothing in Fort Knox for decades - watch "The Money Masters" (very long but very good documentary)
Brainman94 2 years ago 6
Comment removed
sonyse2t5 2 years ago
thx man!
matsutakneatche 2 years ago
Just one error I noticed in the description: It says an ounce of gold sells for about $300 but it is actually more like $900
sxr5a 2 years ago
that comment was made by Bernanke in 2002
ThebigTH 2 years ago
haha - yea its a nice pic
stellaconcepts 2 years ago
nice vid good to see someone bringing out the reality without being extreme.
Stuballs84 2 years ago
He is but a servant to THE International Ruling Elite. Following orders to bring America to it's knees which = less freedoms + more control ! Hard assets !!
Hard times are coming !
RenegadeTimes 2 years ago
Intentional Collapse - Planned Collapse - Deliberate Collapse - Premeditated Collapse - Absolutely 100%
nextdimensions 2 years ago
nice...Bernanke is not an idiot. Idiots don't score 1590 on the SAT. He knows exactly what he's doing...or at least what he's told to do. As precious metals investors we all must have cast iron stomachs to get us though these wild ass downswings. They're enough to make you go batty!
achalmers 2 years ago
He's not an idiot, but a fool.
CombineEmpire 2 years ago
This has been flagged as spam show
I believe that he also knows just how well his alchemists gold/silver producing knowledge would work in reverse,so rather than produce so much real gold/silver that it becomes extremely cheap,he instead produces so much paper gold,and paper silver that it becomes so cheap,that it is no longer viable to mine real gold/silver sufficiently to meet demand,and when the comex defaults?...then he'll just say 'Abrakadabra'! and our silver just turned into platinum.Know that's what I call alchemy:)
mlndstream 2 years ago 2
Comment removed
mlndstream 2 years ago
John, you've smashed another one out of the park mate, I've spent weeks slowly building the belief that deflation will be the greater threat than inflation due to all sorts of theories I've read about, and that belief has just been popped in less than 2:36 minutes. Bernanke is an expert at inflating the dollar, and he's going to prove it, and in a manner in which I think will show how vengeful he is at the insult that he was incapable to do so.
mlndstream 2 years ago
Oh, he knows economics -- Keynesian Economics. He just doesn't know that it FUCKS a monetary system.
Central banks will always cause the problems that we have now.
The diff between gold and the US dollar is monumental. One has to physically exist, and the other can be printed at a banksters will with no regard to the physical value of goods in the economy!
brentoneccles 2 years ago
I think he knows the damage it does to a monetary system, in the same way a demolition team knows what damage a wrecking ball does to a building that stands in the way of another building that is desired to be built on the same spot. I think the US dollar has outlived it's purpose to them, and will be replaced with something more conducive to 'progress'
mlndstream 2 years ago
Hopefully a resource-based economy.
brentoneccles 2 years ago
Nice sub-text John. You know the programme for the US is pretty well prescribed now for all that listen. Auz and NZ are another story as there's not much analysis here. Of course all the problems with the US will not affect us and the Schiffs etc are preaching the virtues of both our countries...Have you determined a 'playout' for us once the US goes under?
metaltect 2 years ago
the usd has been exported around the globe - infact, thats why its been as strong as it has for this long - any other currency would have crumbled decades ago -but being the world reserve currency, they could sell it off...
if the usd collapses... the world goes down with it. sounds insane... but it fits.
stellaconcepts 2 years ago
If all the countries of the world that hold US dollars as a portion of their wealth have that wealth shrivel down into the paper that it is, then I would think that loss of purchasing power is going to have a serious impact alright, and any trust that country had in their own currency is as good as toast also, because when the biggest boy in the gang goes down face first into the pavement as a public example, then all the other fakers will disappear rather rapidly too, like the frauds they are
mlndstream 2 years ago
It's all perception and has been ever since the USA left the gold standard in 1971. The USD is backed by absolutely nothing of value other than the full faith and credit of the US Government, not gold or silver. As long as the world accepts it as the Reserve Currency the facade could continue indefinitely. If countries begin positioning themselves to exchange it for another reserve currency, a rush could occur to get out of the USD before it deteriorates significantly. Then, all bets are off!
BeenInACaveWayToLong 2 years ago
But, as long as the world continues to accept the USD as the reserve currency, the facade can go on indefinitely. The reserve currency for the world is backed by nothing of tangible value, no gold, no silver. It's all politics, positioning and perception!
So, keep up the facade and nothing changes. Mathematics does not matter.
BeenInACaveWayToLong 2 years ago
Excellent video! Reminds me a bit of Silver Warcry. :)
Ben isn't an idiot, but he certainly hopes WE are.
drutter 2 years ago
Also alot of congressmen are duel citzens of other nations and have homes in europe to protect themselves when shit hits the fan!
nycman247 2 years ago
Scientists found a way to create gold in nuclear reactors or particle accelerators. Mercury 198+6.8MeV gamma ray-->1 neutron+Mercury 197 (half-life 2.7 days yields Gold 197). This requires a tremendous amounts of energy to achieve. 197 means atomic weight. Remember this is a isotope of Mercury.
He101A 2 years ago
Correct he101, but to my understanding it cost more to make it then it is worth.
actop19 2 years ago
u like tool too yeh?
genghis6l99 2 years ago
24 hour
Silver 16:77 +0.03
WeLoveAlexJones 2 years ago
Great video.
5*
glad you've decided to keep the channel going.
profesas 2 years ago
I agree, this is his best
bluedonkeyman 2 years ago
This one's Rockin' John!!! Your best, most concise yet!!! Great!! 5*.
axishans 2 years ago
But this isn't 1999 anymore
bluecat1122 2 years ago
I just think that there is a reason why we call gold and silver PRECIOUS METALS......because they are precious and rare. Also anything can be an asset as long as you buy it for 1 and sell it for 2
I like that first majestic site thanks for alerting us to it :)
Ubreako 2 years ago
God put gold and silver on this Planet for a reason for us to use it to buy food and house our familys, and use it for electricity etc when you hold a bar of "silver" in your hands you can feel the power and positive energy it holds.
WeLoveAlexJones 2 years ago
Gold is the real money.
The dollar is a worthless paper backed by the empty promises of the bankrupt US government.
vaporsun 2 years ago 2
this is very important... its not about wether the USD will inflate or not - its about its debt and whether the USD can even survive!
stellaconcepts 2 years ago
The fiat philosopher's stone!
While the actual philosopher's stone does not and is obviously scientifically impossible, the fiat philosopher's stone is readily available if you've got the reich* connections.
*yeah, that's intentional.
Amy31415 2 years ago
How is it scientifically impossible?
blueprophet9 2 years ago
um i think u misunderstood the video
stellaconcepts 2 years ago
Oh, this comment was for someone referring to the Philosopher's Stone. I totally get the vid. I've been trying to tell people that the best weapon is the shadow of incompetency; they're too intelligent to make so many 'mistakes'.
I did address you with another comment on here, though. Could you reply to it...if it's not too stupid for you(the results you and many speak of, I comprehend and agree with. Hell, this 'friend' of mine called the crash in early 2007)? Thanks, SC.
blueprophet9 2 years ago
Do I really have to explain how magic isn't science in YouTube comments?
Amy31415 2 years ago
I'm sorry, I wasn't specific. I'm asking in terms of it's possible properties as 'manna' from stories of old? Gold has and is being used to treat cancer. Contrary to popular belief, it is very useful outside of the wealth factor. There are new studies going into the uses of monatomic elements. The whole alchemy thing is out of whack, I know. Again, sorry if it came out 'religious' or plain nutty. Thanks for replying.
blueprophet9 2 years ago
I see what you're saying now, yeah, gold is used in all kinds of applications for biological treatments. Things like nanoparticles, markers--stuff like that.
I'm a chemist, so I have a lot of respect for my profession's roots in wizardry--and plenty of discoveries were actually made this way. Phosphorus is the first one that comes to mind.
Have a great weekend! Gotta go barbecue...
Amy31415 2 years ago
Stella is back : )
askmeif 2 years ago
Gold will collaspe and then people will cry
nycman247 2 years ago
I guess you're one of those people that lost more than 50% of their wealth betting market. Good luck, you have no clue how the Gold/Silver markets work. The central banks have no more gold to supress the markets any further.
Become more educated on the gold market before you make such dumb comments.
codematrix 2 years ago
I bought $20,000 worth of gold in 1999 and sold it last summer. There is no such thing as free markets, Gold went from $800 in 1987 to $250 in 1999. Besides gold is a useless metal!
nycman247 2 years ago
You made a good return then. I agree, there's no free market, but markets eventually will show their truth worth no matter how much gov'ts try to manipulate it up or down.
Athough, Gold has some industrial value, its main purpose for humanity is presavation of wealth. Gold has always won & will keep on winning against inflated paper assests.
I'll tell you what, wait and see who will be right. You put you money where you think it may be safe, I'll put money in gold & silver. Good Luck.
codematrix 2 years ago 2
I am putting my money now on palladium and silver! Gold is dead to me.
nycman247 2 years ago
I don't think gold is a bad investment, but I agree that palladium and silver are much better investments right now. I think gold is undervalued, for sure, according to inflation. But if 16:1 is the historical ratio with silver, "undervalued" is about the biggest understatement one could use to describe silver. Palladium is nice too, with it's increasing uses...
REDEMPTIONthreadz 2 years ago
Silver is a good play indeed. I have 70% of my total portfolio in silver, just bought more on the recent dip. 30% is gold. Although, palladium is a good buy, it has never been seen as a monitary metal. Although, that might change in years to come.
Well, at least you're putting your money in hard assests and getting out of anything paper, i.e. currencies, stocks, bonds, etc.
codematrix 2 years ago
Only to the ignorant is gold useless.
edmack4me 2 years ago 2
Hello nycman247... i read your post about gold...i have a question, and this might sound naive to me... but how do you sell your GOLD... do you go to the pawn shop or coin dealer... how do you sell your GOLD?
jasondaytrading 2 years ago
I am an owner of physical gold and silver. If you are selling a small amount you can sell it to a coin shop. If you are talking about a larger amount you could sell it to an online bullion merchant or even a bank. In the worst case scenario you can sell it to a refinery who usually can give you 95% of spot price (which is why cash4gold is a ripoff)
sxr5a 2 years ago 4
Congressmen know what the bankers are doing thats why they are making th US mint make palladium coins. Just type "US mint palladium" on google. Also the bankers are pushing a palladium ETF to fool people instead of buying the physical metal. Sad but the bankers will steal your wealth until you truly understand money. The video by William Still called "money masters" is the best thing I have found on the subject.
nycman247 2 years ago 2
I watched the "money masters" last year. It is good documentary.
I know about the US mint producing palladium coins. But there's a reason for that. They have no more silver and gold to meet the demand. In fact, they stop shipping out gold coins a few months back. Their attempt to make other metals part of the monitary system will not work. This is because their intension is to skew the value of their fiat currencies and nations like China, Russia and India will not fall for it.
codematrix 2 years ago
i guess history has proven you right time and time again - oh wait - no it hasnt.
stellaconcepts 2 years ago
This has been flagged as spam show
I bought $20,000 worth of gold in 1999 and sold it last summer. There is no such thing as free markets, Gold went from $800 in 1987 to $250 in 1999. Besides gold is a useless metal!
nycman247 2 years ago
i wish ppl would stop marking dissenting views as spam.
fact is - you made a good trade.
problem is - you think gold is a worthless metal.
that comment flies in the face of thousands of years of history.
when there is government and fiscal uncertainty - gold acts as the currency of last resort. it is far from worthless.
stellaconcepts 2 years ago
I went to a yard sale the other day and a guy was selling 10oz silver bars for $100 each. I didnt buy them because I am poor. But I was just wondering if that was a good deal?
scutter4christ 2 years ago
Yes, it was a very good deal.
stagflation2010 2 years ago
put it on a credit card and resell them for minimum 40% higher...
stellaconcepts 2 years ago
LOL, well that would be great if I had credit cards but I dont use them.
scutter4christ 2 years ago 2
Wise decision scutter.
Amy31415 2 years ago
Hit it right on!
To those that are gold / silver bugs, there's enormous head & sholder curve forming in the gold market. My perdiction is that gold will break past $1017 resistance by mid to last Aug/08. Buy Gold and Silver. Paper assests are going down. You need to own hard assests and communities.
codematrix 2 years ago
Think you meant "commodities" at the end there.
I assume your using a candlestick chart for that head and shoulders pattern? If so could you tell me what time period your using for the sticks? Hours? Days? Just so I can have a look.
Excidium567 2 years ago
Yes, commodities.
I'm not using Candle Sticks. Just resistant and support lines.
Go back to the beging of 2008 until now. You can visually see the head & sholder forming. My prediction is that once gold peaks 1017, it can go as high as 1250.
codematrix 2 years ago 2
owning communities is probably not a bad thing - if you can afford 1 or 2 ;)
stellaconcepts 2 years ago
Outstanding!
abedanger 2 years ago
Tradergee had a video recently entitled "Par Deux." He points out a very interesting theory. IT WOULD MAKE SO MUCH SENSE! Keep in mind that if Gold dissappeared off the planet, we would be fine. silver vanishes?....UH OH! The basis of his theory is that because the US itself is mostly responsible for the manipulation, they are prob stockpiling it! China gets the gold. USA gets the silver. hint: when the controlled mainstream media talks about PM, silver is never mentioned, only gold. Great vid J
REDEMPTIONthreadz 2 years ago
John, that video is tight!
gOOD jOB.
SystemEvolve 2 years ago
Good video but it proves that Ben has always been wrong. You see, a 1000 years ago people believed in gold so even if you created a gold printer and everyone knew about it. The value of gold would not go down until newly created gold entered the economy.
JUST LIKE THE US DOLLAR.
And this guy got 1500+ on his S.A.T's and wrote that shit. I probably would have gotten 100 on my S.A.T. I feel I am 10 times smarter than Ben.
davincij15 2 years ago
I think Ben has the coolest beard on the planet! A man with a beard that cool deserves to be in the woods, not in Washington. You make the best vids, John. Keep it up, baby!
sphindog 2 years ago
i have to agree - hes sporting a great beard... very bankster gansta
stellaconcepts 2 years ago
Good video...
and thanks for coming back .. Because of you I bought almost 100 troy Oz a few weeks ago. I would go and buy more of this shiny stuff, But I want to wait till the end of the month :)
ahmedvienna 2 years ago
Bernanke-Dollar like gold-Spin me another fairy tale!
meikagirl 2 years ago
Right on brother, keep up the good work.
samsterlok 2 years ago
Very well put. Alchemy is magic, a slight of hand. Dont change they property of metal, change the property of mental capacity.
BendoverBernanke 2 years ago
the question is - WHY? - why did he ( or they ) do this ? Only the mentally strong will survive IMHO
stratcatavarious 2 years ago
good point, the answer, imo, a massive transfer of wealth from the working people to the investers "private bankters" also they didn't just create the "money" they borrowed it into exsistence on the back of the US"citizen/person."
For those of you who want to know the truth, buy a law dictionary, and look up the word you think you know, and you'll soon find out you don't know much about the MATRIX, THERE STATUTES DON'T APPLY TO THE LIVING WO/MAN
PEACE
hiphopsocnroc 2 years ago
yes statutes are not laws, they apply only to fictitous entities
Rob Menard, John Harris, Marc Stevens, etc
nextdimensions 2 years ago
hey have you seen Rob's "Anddensum" film?
nextdimensions 2 years ago
Not that I can recall, send me private mess. to start networking, peace
hiphopsocnroc 2 years ago
freeman menard ROCKS
ManFaded 2 years ago
Yeah but when debts are paid off or defaulted on doesn't that make it cease to exist anymore as money?
howitzer24 2 years ago
Very well put!
sealhunter5 2 years ago
This is a common misconception... if I buy a house - i put say 300,000 into the economy... if i default... it goes as a loss on the banks balance sheet. but the original 300,000 i spent for the house doesnt get removed from the economy.
with a fiat currency system - deflation is just the slowage of money printing - cause you can't ever actually stop printing cause there are debts to be paid.
stellaconcepts 2 years ago
Nice job mate!
tradergee1 2 years ago
independence for our country means we must depend on one another
in a society raised on lies . Thank you for exposing the lie.
1mealperday 2 years ago
Stella, what do you think would happen to the currencies around the world if the 'pandemic' hits harder according to the new mutation found(Sao Paulo), in fall? Would the other nations' currencies also inflate along with the dollar, keeping the greenbacks level or with higher value because of a 2 billion dollar payout(possibly) by Bush&Obama to Baxter for vaccines ahead of schedule(info from NICOLEMTL)? Just wondering...a friend brought this scenario up to me.
blueprophet9 2 years ago
pandemic or no pandemic... the currencies must inflate (around the world) to pay their debts.
stellaconcepts 2 years ago
But in the case of a global pandemic growing exponentially...wouldn't said currencies inflate so much to where they would drop in value with the dollar, but equal to what they are now in comparison to the reserve dollar, prolonging bad 'confidence'? Either way, the hard money will reign but it may take longer than we think for it to jump, maybe.
blueprophet9 2 years ago
Creditor nations then? I'm in SEK, which has lost 18% (to date) to the Euro. But Sweden has been a budget surplus, trade surplus, positive savings nation for many years. Swedens net export is 15 times that of China (per capita).
Now we have 0.25% key interest rate since last Tuesday... Lol?... I'm paying less for my house than the rent for a small apartment in a suburb... (right now). Will it be Weimar here too? I have a lot of silver, but it would still be bad...
kricke243 2 years ago
debt based fiat always inflates, the mathematics of how the money is put into circulation demand it (debt attached at inception = only creates principle = always increasing debt = always inflating the currency = yes there are times when it deflates/contracts but long term always inflates)
nextdimensions 2 years ago
Yeah, that's how it works. Are you replying to me?
blueprophet9 2 years ago
This is why Keynesian economic theory is ridiculous.
CombineEmpire 2 years ago
Excellent.
RAGNARREDBEARD14 2 years ago 2
Nice video, John! I'm glad you've decided to keep the channel going.
Incidentally, in the latest edition of Wall Street Unspun, Peter Schiff, in response to a caller, did a nice job of summarising the deflation vs. inflation debate; it's 0:36:34 into the podcast, for anyone interested.
ClapsyPlapsy 2 years ago
Wise words from Helicopter Hypocrite Bernanke. ='[.]'=
Raycheetah 2 years ago 2
great vid
Annihilate3275 2 years ago 3
Excellent, John.
Thanks for sharing that.
Airave 2 years ago 2
One of your best vids so far . (yeah, i watched again) Happy Independence day everyone, as politicians spit on the graves of our founding fathers!
stealinator 2 years ago 2
Love your vids. Keep producing and spreading knowlege. The people need it.
Those who are aware will thrive/survive and those who go goostep into their full on slavery will welcome their demise. Religion is a fine instrument but let us take RESPONSIBILITY
RenegadeTimes 2 years ago 2
John, that was AWSOME, hell of a good job on choice of pics and music. Very emotional. ( who sings that song anyways?)
stealinator 2 years ago
Perfect Circle
hotrodguitar1 2 years ago
first song is A perfect circle: Judith, remixed by Nine inch nails, then it goes into the original version.
bryandenehy76 2 years ago
Bernanke is no dummy. Ditto Geitner, Greenspan and the Jews that control the global financial system. They know exactly what they are doing... bankrupting America and the rest of the world. Wonder where all their loot will end up? Israel???
notdeceived 2 years ago 3
People like to say the same of apparent 'mainstream media airheads' also. They are smart tactful well-paid people. They look after their masters and earn their money.
halfasheep 2 years ago 2
Great vid, John. Thanks!
fal2grace 2 years ago 3
Today is our last "Independence Day"
slavery continues
143DREWID 2 years ago 4
This has been flagged as spam show
I agree, it's coming down.
But I think the rest of the world will recover if they start using sound money. The US economy needs to go through serious restructuring, and the way things are going with the totalitarian plans of the state, it's only gonna get worse.
Also, there is a growing sentiment of dislike for anything US. When the dollars become worthless this isn't gonna sit too well with a lot of people. Let's hope it doesn't come to war.
NoCryingNowYes 2 years ago
This has been flagged as spam show
I meant worldwide dislike for anything US
NoCryingNowYes 2 years ago
True to form, Stella, you are right on the money! (Hard money, that is.)
Today is our Independence Day.
May God Help America.
MzProgressive 2 years ago 4