Mike, what do you think of the Law hidden in the health care bill that forces small businesses to fill out a Form 1099 not only for services rendered but for goods purchased which exceed $600 a year, and then file the form with the Internal Revenue Service. This will hurt gold dealers and I guess buying and sellin of silver too!
How will this impact the wealth value of silver too! 1099's everywhere..lol
beginning next year, i think..or maybe 2012 not sure.
@Clarissa2424 I'm not worried about this law Clarissa. I say this because first I understand that it's under repeal. :>) Next is that I've accumulated most of my silver and gold holdings from individuals. This way, even if the law stands as is. I don't worry about my transactions being know by the feds. The most business I've ever done in a coin shop wouldn't even equate to $1000. I do part of my buying from gold and silver forums that operate on buys, sells, and trades. No 1099's....continued
@Clarissa2424 By establishing memberships on these forums you can acquire a pipeline of contacts for any gold or silver transactions. There's many forms out there but I presently am a member of bullionstackerdotcom. All of the members have ratings like eBay does. And it's monitored by administrators for any activity that may be harmful to the group members. Such as reporting a member for deceitful activity coming from the group or another forum. I have been very happy with the group. Continued..
@Clarissa2424 With that being said....by joining these groups you not only have the comfort of doing business with those that have high ratings but also the choice of not buying from those that haven't conducted enough transactions yet to satisfy you. I in fact have found better deals there than the retail internet sites have to offer. I love the fact that you can easily swap one metal for another without premiums. I've swapped metals for spot for spot. I'll continue with one more post. Continue
@Clarissa2424 Here's an example. One of my subscribers is a member of bullionstackerdotcom and he flipped (swapped) 1/2oz of gold for 33oz of silver. It was an even swap with no premiums attached. These forums give you the ability to make all of your buys, or sales private. I have been able to speak by phone to each and every person that I've dealt with there. I trust it a 100% better than I would eBay LOL! Document all phone numbers and addresses for future transactions if gov intervention. :)
Playing the stock market is like playing mumbley peg blindfolded. No matter how good you think you are, and how accurate you can stick it, you're still blind and going to get hurt. You don't have access to what is going on behind the curtain; and you never will. I heard plenty blindfolded mumbley peg players screaming in pain just a couple of years ago. We are about to be serenaded once again.
I see the dannydarias types all the time. Without looking I am willing to bet this user has ZERO video content of their own and little to no subscribers. I bet good money on that. Just ignore this type of troll.
@SilversMyGame My sincere apologies. Seems like I got over my head there. I disagree with your view but my comment is not a reflection of me. I apologize for that mistake.
@dannydarias1 Your apology is accepted :>) With only 5% of the US population buying precious metals you might expect that we get many comments such as. But I can testify to the fact that I have bought AND sold metals only to gain over 100% in profits. Danny if you would educate yourself to the fundamentals of silver you'd realize that we are on the verge of a price explosion. Simply put...there's a global shortage of silver in which an industrial demand is increasing daily. Supply and demand = $
@SilversMyGame I hear you. It could be my view and experience are different than yours, that's all. I have not been a precious metal bear all my life. I bought gold when it was $450, but I tend not to like it right here. Time will tell who is right and who is wrong.
@dannydarias1 Danny if you bought gold at $450oz. Then you already have the answer of who's right and who's wrong. The time to sell is at each's choice. Now, if gold were to drop to $449oz, then you would lose. But gold's at $1200. You have the choice to sell at declare yourself a winner without question. Or you could wait and hope it drops to $449oz and say,I told you so. I lost! We could all choose to do the same with paper stocks. If you invest in stocks, which has done better? Gold or paper?
@SilversMyGame The SP was at 666 last year. It hit 1225 a month ago. That's a 100% gain, pretty close to gold's gain. The only difference is that gold didn't do much in the last 15 years, while the stocks were rallying. I am not a total metal bear right here, but I am getting close to it. Gold hits 1450, and I am a total bear for sure. I do expect that nice shoot up to 1400-1500 soon.
@dannydarias1 Danny you say you are total bear. Now my interpretation of bear is a none buyer. What's yours? Let me ask you this Danny. Have you ever lost in the stock market? Are you an investor in the SP500? In the DOW? In the NASDAQ? There's one thing about the stock market that you can't/couldn't/wouldn't convince me to invest in.....paper stocks. I've been there and done that. Every country on earth will/would/does agree on. If you're to protect your wealth, you're going to buy gold :>)
@SilversMyGame Stocks?? No... Why would I buy stocks when I know they are overvalued by a mile. I am not going to disclose what I own, but it is not stocks, nor gold.
@dannydarias1 I don't know danny. I don't really care if you buy stocks or toilet paper. If you don't like metals then this video page isn't where you belong. So maybe you'd be happier elsewhere :>) Have a good day.....Mike
@dannydarias1 Sounds like someone is suffering from silver envy. Mike has a bigger 'stack' than poor little danny, and he can't stand it. hahahahahahaha
@dannydarias1 Keep saving that paper and digital currency. Show me a fiat currency that has stood up to time. You can't, because they ALL fail. Keep buying stocks, the DOW is doing real well being that it's at the same place it was 10 years ago. Metals have been money for thousands of years. Show me a paper currency that will hold it's value for that long. I guess that's why the Egyptian pyramids were full of paper, right? lol
@dannydarias1 you're wasting your time here, if all you offer is a critique without any better alternatives.We are fair and open minded and would love to invest for our families in the safest place, as of now this is what we have come up with.So, please if you have a better alternative or some informed info, articles, research to offer we would be very interested and if not like I said you're wasting your time because we are all very informed on the matter and decided this is our best bet.
@dannydarias1 how many people do you know that hold actual physical silver or gold ? How many people do you know who hold actual paper currency ? Which one is easier to reproduce ? which one has lost more value over the last 50 years ? The price of gold is constant the fluctuation is in the currency, you need to re-evaluate who the real sheeple are
One of those 20 dollar pieces of paper use to get you an oz of gold, way back in the day. What's changed? Not the gold. Great illustration of how inflation works.
@tuubydude I read that a few times before I finally understood what you were saying tuuby lol! Yes.....and I agree....it's just as well to be one. How about a sheet of them being placed under a dish rack for draining?
Great illustration of inflation for the masses. When I tried to explain iflation to some people they just don't understand it. A picture is worth a thousand words. Good job Mike!
Found three silver dimes today. I bought a metal detector just for this purpose. To go out and find silver change. Its amazing how much of it is out there. So, think about that people. Not only do I find silver coins all the time. but gold rings as well! And im getting it all free. There is loads of silver change out there. I even found two silver dimes in my pocket change this year. As well as a silver nickel. No halfs yet. But I know they are still out there. Especially the 40% coins.
@HeartOutOfSeason You See Guy's! Sometimes we don't think about them being right under our feet lol! Congrat's on your finds.
Hey.....you can alway's go to Customer Service at Wal-Mart, ask for the one who work's with the teller's in issuing their money for the cash register's, and kindly ask to exchange some FRN's for some roll's of Half-Dollars. :>)
@WhyMeWhySilver hey, thanks for the tip! I will give that a go. See if I can find anything. I just made these awesome silk screened T-Shirts. They have the walking liberty coin. And it says, in Silver we Trust. I am making a In Gold We Trust shirt too. They look awesome. I should send you a free one! PM me about it if you want one. Us who trust in gold and silver should have em. And thats why I made em.
That was excellent. Sometimes I try to put this point across to others, without the effect that you've achieved here. That was really graphic, it's like watching water eat away at the coastline. Feels good to be on the right path :-)
Thanks for the video Mike. I bought a pint of milk at the airport for my daughters bottle at a cost of $ 1.60. I paid with two 1$ FRN's (Fraudulent Reserve Notes), in the change that I recieved back from the purchase, was a 1928 mercury dime!! At the current spot price that equates to $1.29. That dime would almost pay for what it took 2 wallet decorations to pay for. Always look at your change lol.
sometimes people don't realize how inflation is robbing money right out from under their noses. Your video is a good example of why precious metals hold value.
These trends continue. Buy now, and be able to look back on this sort of value and wealth preservation in the future. I just wish I'd had the same kind of luck as other folks have had finding circulating silver halves. =^[.]^ =
mike,whats your facebook name ? thanks..
GHUE44 1 year ago
@GHUE44 I'll IM your inbox.
SilversMyGame 1 year ago
Mike, what do you think of the Law hidden in the health care bill that forces small businesses to fill out a Form 1099 not only for services rendered but for goods purchased which exceed $600 a year, and then file the form with the Internal Revenue Service. This will hurt gold dealers and I guess buying and sellin of silver too!
How will this impact the wealth value of silver too! 1099's everywhere..lol
beginning next year, i think..or maybe 2012 not sure.
Clarissa2424 1 year ago
@Clarissa2424 I'm not worried about this law Clarissa. I say this because first I understand that it's under repeal. :>) Next is that I've accumulated most of my silver and gold holdings from individuals. This way, even if the law stands as is. I don't worry about my transactions being know by the feds. The most business I've ever done in a coin shop wouldn't even equate to $1000. I do part of my buying from gold and silver forums that operate on buys, sells, and trades. No 1099's....continued
SilversMyGame 1 year ago
@Clarissa2424 By establishing memberships on these forums you can acquire a pipeline of contacts for any gold or silver transactions. There's many forms out there but I presently am a member of bullionstackerdotcom. All of the members have ratings like eBay does. And it's monitored by administrators for any activity that may be harmful to the group members. Such as reporting a member for deceitful activity coming from the group or another forum. I have been very happy with the group. Continued..
SilversMyGame 1 year ago
@Clarissa2424 With that being said....by joining these groups you not only have the comfort of doing business with those that have high ratings but also the choice of not buying from those that haven't conducted enough transactions yet to satisfy you. I in fact have found better deals there than the retail internet sites have to offer. I love the fact that you can easily swap one metal for another without premiums. I've swapped metals for spot for spot. I'll continue with one more post. Continue
SilversMyGame 1 year ago
@Clarissa2424 Here's an example. One of my subscribers is a member of bullionstackerdotcom and he flipped (swapped) 1/2oz of gold for 33oz of silver. It was an even swap with no premiums attached. These forums give you the ability to make all of your buys, or sales private. I have been able to speak by phone to each and every person that I've dealt with there. I trust it a 100% better than I would eBay LOL! Document all phone numbers and addresses for future transactions if gov intervention. :)
SilversMyGame 1 year ago
Man i wish i wasn't 11 years old in 2001 :D
689362003 1 year ago 14
King World news interviews Andrew McGuire. a must listen
joe9083 1 year ago
I have strong believe that you have done some big good things with and throug this video again! All the good with everybody! May our stacks grow...
stermr 1 year ago 4
great vid mike,
You metion facebook, I havnt been able to locate you!!
outlawcajin316 1 year ago
great illustration mike.and i will continue to buy silver and increase my savings,
Hoping that i can have enough by the time the dollar is completely worthless!
givemesilver 1 year ago
Playing the stock market is like playing mumbley peg blindfolded. No matter how good you think you are, and how accurate you can stick it, you're still blind and going to get hurt. You don't have access to what is going on behind the curtain; and you never will. I heard plenty blindfolded mumbley peg players screaming in pain just a couple of years ago. We are about to be serenaded once again.
tuubydude 1 year ago
Excellent. Thank you.
BEGOODTOYOURDOG1 1 year ago
I see the dannydarias types all the time. Without looking I am willing to bet this user has ZERO video content of their own and little to no subscribers. I bet good money on that. Just ignore this type of troll.
Anothercoilgun 1 year ago
@Anothercoilgun LOL! You're correct on your assumptions :>)
SilversMyGame 1 year ago
@SilversMyGame My sincere apologies. Seems like I got over my head there. I disagree with your view but my comment is not a reflection of me. I apologize for that mistake.
dannydarias1 1 year ago
@dannydarias1 Your apology is accepted :>) With only 5% of the US population buying precious metals you might expect that we get many comments such as. But I can testify to the fact that I have bought AND sold metals only to gain over 100% in profits. Danny if you would educate yourself to the fundamentals of silver you'd realize that we are on the verge of a price explosion. Simply put...there's a global shortage of silver in which an industrial demand is increasing daily. Supply and demand = $
SilversMyGame 1 year ago
@SilversMyGame I hear you. It could be my view and experience are different than yours, that's all. I have not been a precious metal bear all my life. I bought gold when it was $450, but I tend not to like it right here. Time will tell who is right and who is wrong.
dannydarias1 1 year ago
@dannydarias1 Danny if you bought gold at $450oz. Then you already have the answer of who's right and who's wrong. The time to sell is at each's choice. Now, if gold were to drop to $449oz, then you would lose. But gold's at $1200. You have the choice to sell at declare yourself a winner without question. Or you could wait and hope it drops to $449oz and say,I told you so. I lost! We could all choose to do the same with paper stocks. If you invest in stocks, which has done better? Gold or paper?
SilversMyGame 1 year ago
@SilversMyGame The SP was at 666 last year. It hit 1225 a month ago. That's a 100% gain, pretty close to gold's gain. The only difference is that gold didn't do much in the last 15 years, while the stocks were rallying. I am not a total metal bear right here, but I am getting close to it. Gold hits 1450, and I am a total bear for sure. I do expect that nice shoot up to 1400-1500 soon.
dannydarias1 1 year ago
@dannydarias1 Danny you say you are total bear. Now my interpretation of bear is a none buyer. What's yours? Let me ask you this Danny. Have you ever lost in the stock market? Are you an investor in the SP500? In the DOW? In the NASDAQ? There's one thing about the stock market that you can't/couldn't/wouldn't convince me to invest in.....paper stocks. I've been there and done that. Every country on earth will/would/does agree on. If you're to protect your wealth, you're going to buy gold :>)
SilversMyGame 1 year ago
@SilversMyGame Stocks?? No... Why would I buy stocks when I know they are overvalued by a mile. I am not going to disclose what I own, but it is not stocks, nor gold.
dannydarias1 1 year ago
@dannydarias1 I don't know danny. I don't really care if you buy stocks or toilet paper. If you don't like metals then this video page isn't where you belong. So maybe you'd be happier elsewhere :>) Have a good day.....Mike
SilversMyGame 1 year ago
@dannydarias1 Make a video response of what you 'invested' in.
tuubydude 1 year ago
Comment removed
dannydarias1 1 year ago
@dannydarias1 its nice to be a idiot troll...criticize yet offer no solutions means you are a LOSER!!
TheSilverbullet99 1 year ago
@dannydarias1 Sounds like someone is suffering from silver envy. Mike has a bigger 'stack' than poor little danny, and he can't stand it. hahahahahahaha
tuubydude 1 year ago
@tuubydude I wouldn't be so sure.
dannydarias1 1 year ago
@dannydarias1 Keep saving that paper and digital currency. Show me a fiat currency that has stood up to time. You can't, because they ALL fail. Keep buying stocks, the DOW is doing real well being that it's at the same place it was 10 years ago. Metals have been money for thousands of years. Show me a paper currency that will hold it's value for that long. I guess that's why the Egyptian pyramids were full of paper, right? lol
daveg1311 1 year ago
@dannydarias1 you're wasting your time here, if all you offer is a critique without any better alternatives.We are fair and open minded and would love to invest for our families in the safest place, as of now this is what we have come up with.So, please if you have a better alternative or some informed info, articles, research to offer we would be very interested and if not like I said you're wasting your time because we are all very informed on the matter and decided this is our best bet.
polarbeach 1 year ago
@dannydarias1 how many people do you know that hold actual physical silver or gold ? How many people do you know who hold actual paper currency ? Which one is easier to reproduce ? which one has lost more value over the last 50 years ? The price of gold is constant the fluctuation is in the currency, you need to re-evaluate who the real sheeple are
polarbeach 1 year ago
@polarbeach Bad taste of words on my part. I think we will soon see gold reverse hard.
dannydarias1 1 year ago
Great video
videokid001 1 year ago
Great video! I'm sure glad I've bought silver, and I'm gonna keep on buyin' for as long as I can.
veritasfiles 1 year ago
makes sense too me
thefabulousbugman 1 year ago
Great explanation Mike. Really wish I could have bought some in 2001. Too bad I was too young to even comprehend inflation then :/
Agsilverspoon 1 year ago
One of those 20 dollar pieces of paper use to get you an oz of gold, way back in the day. What's changed? Not the gold. Great illustration of how inflation works.
daveg1311 1 year ago
That cupboard shelf liner does not go as far as it used to!
tuubydude 1 year ago
@tuubydude I read that a few times before I finally understood what you were saying tuuby lol! Yes.....and I agree....it's just as well to be one. How about a sheet of them being placed under a dish rack for draining?
SilversMyGame 1 year ago
The best horse-sense on YouTube!
TheSilverHolder 1 year ago
I would not be surprised if it took $20 to buy one 40% half someday.
JOConnor100 1 year ago 13
Great illustration of inflation for the masses. When I tried to explain iflation to some people they just don't understand it. A picture is worth a thousand words. Good job Mike!
Bigoldjeff1956 1 year ago
Found three silver dimes today. I bought a metal detector just for this purpose. To go out and find silver change. Its amazing how much of it is out there. So, think about that people. Not only do I find silver coins all the time. but gold rings as well! And im getting it all free. There is loads of silver change out there. I even found two silver dimes in my pocket change this year. As well as a silver nickel. No halfs yet. But I know they are still out there. Especially the 40% coins.
HeartOutOfSeason 1 year ago
@HeartOutOfSeason You See Guy's! Sometimes we don't think about them being right under our feet lol! Congrat's on your finds.
Hey.....you can alway's go to Customer Service at Wal-Mart, ask for the one who work's with the teller's in issuing their money for the cash register's, and kindly ask to exchange some FRN's for some roll's of Half-Dollars. :>)
WhyMeWhySilver 1 year ago
@WhyMeWhySilver hey, thanks for the tip! I will give that a go. See if I can find anything. I just made these awesome silk screened T-Shirts. They have the walking liberty coin. And it says, in Silver we Trust. I am making a In Gold We Trust shirt too. They look awesome. I should send you a free one! PM me about it if you want one. Us who trust in gold and silver should have em. And thats why I made em.
HeartOutOfSeason 1 year ago
Hey Mike,
That was excellent. Sometimes I try to put this point across to others, without the effect that you've achieved here. That was really graphic, it's like watching water eat away at the coastline. Feels good to be on the right path :-)
Madcash67 1 year ago
I love those 40% ers! I will save every one that I can find!
hedge313 1 year ago
Makes sense to me.
TheChiefSteel 1 year ago
Great point !
artdeco101010 1 year ago
Nice vid Mike,thanks ;)
psychosn4ke 1 year ago
cool demonstration Mike ..Thanks !
mikeysback70 1 year ago
Thanks for the video Mike. I bought a pint of milk at the airport for my daughters bottle at a cost of $ 1.60. I paid with two 1$ FRN's (Fraudulent Reserve Notes), in the change that I recieved back from the purchase, was a 1928 mercury dime!! At the current spot price that equates to $1.29. That dime would almost pay for what it took 2 wallet decorations to pay for. Always look at your change lol.
maynard700t 1 year ago
We silverbugs do it one at a time. One once, one round, one roll, one monster box at at time. Does not matter which, just keep stacking.
Anothercoilgun 1 year ago
Very nice demonstration, simple & easy to see & understand!!!!
This is why we do what we do.....
740roadking 1 year ago
Excellent... excellent... excellent... video----- Great visual example of how the Federal Reserve steals your money through inflation.....
frontier1701 1 year ago
great vid thanks Mike
GuildF40 1 year ago
I have "Hedged" - hahahaha!
hedge313 1 year ago
sometimes people don't realize how inflation is robbing money right out from under their noses. Your video is a good example of why precious metals hold value.
thaboomer53 1 year ago
Very impressive demonstration, really drives home the point...
I once read something where a guy said that a mouse and an elephant are both miracles of biology, but the elephant is just so much BIGGER!
sizzlot 1 year ago
Very good video!
Silveracity 1 year ago
It's a shame the UK moved to the decimal standard, if they didn't; silver coins could still be in circulation today like they are in the US.
AnnoyedDragon 1 year ago
very nice video mike KEEP THEM COMING ! = )
pringle959 1 year ago 8
first time i have seen you with a real 20 dollar bill
010countryboy010 1 year ago
@010countryboy010 Hah! I went to the bank to get that $20.00 just for this video LOL!
SilversMyGame 1 year ago
@010countryboy010 Yeah haah you said you got cash out the bank for a diff vid before and they acted like they had no clue who you was :P
010countryboy010 1 year ago
Ron Paul, as awesome as he may seem to be, is a Jesuit.
daos77 1 year ago
@daos77 If he's a Catholic..........it's not an issue for me.
SilversMyGame 1 year ago
These trends continue. Buy now, and be able to look back on this sort of value and wealth preservation in the future. I just wish I'd had the same kind of luck as other folks have had finding circulating silver halves. =^[.]^ =
Raycheetah 1 year ago
Good video Mike. Keep'em coming.
denmason 1 year ago