LOVE THIS VIDEO GREAT MAN GREAT WISODM! VERY ACCURATE VERY TRUE. SILVER HAS TRIPLED THE AMOUNT IT WAS FROM LAST YEAR! THE PAY HAS NOT INCREASED IN PEOPLES WORK CHECKS. GREAT SPEECH.
@beltdrivecliff you can barter and buy what you want but your right food, water, protection , land. Im guessing you already heard the silver arguments so I wont bore you lol.
If the United States Dollar were to fail, it would create a massive worldwide domino effect. For example, the world relies on the U.S.A. and China to pretty much set the tempo for the rest of the world economy. If the U.S. Dollar crashes, then you can bet that China will have a collapse of their system. The U.S. Dollar won't crash, but instead you will start to see some serious decline in the commodity markets. Gold will fall to under 1,000 an ounce but I do think silver will hold firm.
I been buying coins (junk silver) for a 2 years. I believe it will out perform gold. But I advise beginners to get advice from various book and video sources and dealers. I made a silly little mistake when I first bought $100. worth of coins, I thought I was buying silver dollars, the following month I went back to buy more coins and found out they were only half dollar coins. I was upset and shocked because I was so naive. Also buy from a trustworthy source, you don't want to buy fake silver.
Great Video Alex! Now instead of just all buying get into the metals business and buy / sell and you can get your metals at a greatly reduced price. Great business opportunity! Help me spread the word in Canada!
Good points. The USA and other Western countries have been living an artificially high standard of living compared to what is realistic in the long term. Reality is about to set in again back to a more austere no excesses way of life.
Hey Alex..I'm not a rich girl but I am buying some American Silver Eagle's, in your opinion should I be buying smaller incriments of gold as well like 1/10 or 1/4 Gold Eagle coins ?
@ThePinkCustard I like silver, but gold is good too. I think silver will outperform the gold. The only reason I dont like gold that is too expansif what makes it more difficult to trade.
@Alexiscom1 Thanks for your reply. I recently stared buying American silver eagles, I only have 20 so far, seems like like so little when others have so much more ! I also have some junk silver coins, Morgans and 90% coinage-mercury dimes etc. I guess its a start though :-)
@Alexiscom1 Thanks for your reply. I recently stared buying American silver eagles, I only have 20 so far, seems like like so little when others have so much more ! I also have some junk silver coins, Morgans and 90% coinage-mercury dimes etc. I guess its a start though :-)
I think that the majority of American's don't realize how they are being robbed by the government by devaluation of currency. They are sheep that just watch TV, watch sports and spend more money then they make on credit like good consumer sheeple.
gold and silver dont need to be control by the government. Gov just need to not interfere who cares how much gold they have they wont have any power after the paper currency collapse any way.
I agree that metals will be very useful, I'm going to keep buying them, but I do feel that if there is a food shortage, everyone will want food, but of course, your right, what would I barter it for? I do think that a food shortage is due here this year, maybe sometime later in the year, but I can tell that there are a LOT of items missing in the grocery stores already. (no one else even notices)
I like that you make me think of things differently, I really enjoy your videos. Thank you.
First let me say that I do buy silver, however, there is not enough silver or gold in the world, to create a silver or gold monitary system. People can buy gold, and if all did, it wouldn't take much for it to be gone.
I know it's going to crash here, but maybe a BARTER system is the money of the future, you can't eat silver, you can eat a smoked ham, a dozen eggs, or things like that. Self sufficiency is still the answer. Raise chickens, grow food, with enough left over to Barter with.
Metals can be used more then ones for the trade so we shouldnt run out . Beside gold and silver we also have copper paladium platin and rodium.
Bater can also be used the inconviniance is that if i wont to barter i need to look for same one that has what i need and he also need what i have. That why the money have been created to fasilited the trade.
Marc Faber said in a video, if we went back to gold standard, Gold would be reevalutated at S1,000,000 per ounce. A few grams could make you very well off.
I watched that too on the RT video blog. I think the value of precios metal will sinificantly rise but don't take this millon number literally. You have to understand that the marker forces also are applying to gold as they are applying to everything else.
Hi Alex, what do think of the proposition that there has to be deflation rather than inflation ? My reasoning is because of the amount of debt in the system no amount of money printing is able to cancel the debt, that is why there is no increase in GDP despite the amount of 'Quantitative Easing '
The best information about inflation deflation scenario is on the misesmidea channel. I just figure it out that i cant post the links in the comments.
Yes people do not see the repalancing of wealth that is coming. $20 = 16 hours of a China's labor?
This does not make any sense how does most of the world work for so little when we work for so much?
I can see it if we produced most of the capital goods we consume but we don't they make it.
HA I see! because they are not accepting capital for the exchange of goods the are accepting debt notes. That's not capital if they can't buy anything over here.
China still can buy oil with US dollars. Bravo you are the first that mantion 20$ = 16 hours of a China's labor. Now do you understand that the gold standard will permanently remove this advantage from us? Unless we say ye China one oz of our silver worth 20 oz of your silver.
@freepress... Explain please...how is the republic system going to conquer and how is it that gold or silver will be as worthless as paper..I though we already had a republic system....I pledge allegiance to the USofA and to the republic for which it stands....
any country that has a fiat currency is bankrupted, and has been a long time ago, its the system of control that is failing right now, money dose not exist, money was destroyed by a promise to pay, now all you can do is discharge the debt, you don't need gold or silver it is worthless as paper money, there is wave coming that will conquer this system, and its the republic system.
I am not sure why you got thumbed down so many times as what you are saying in essence is true.
America took 20 years to be bankrupted, from 1913 to 1933.
Your also correct that you can discharge the debt by accepting for value the charges pending against you.
Saying gold an silver is worthless is not correct, true you don't need them but they are far from worthless. Quite the contrary, they are priceless. There is not enough of it to even have it back our money. most is paper silver and gold
I cant debate with you because I agree with everything you said. Can someone find me one case in all of history where a fiat currency DID NOT return to its intrinsic value? I see people comment that theres a gold bubble, how can a real value be in a bubble against zero value? Is it true that gold and silver are the values which all currencies are measured against, gold and silver values do not fluctuate, but rather, the values of currencies fluctuates against the value of gold and silver?
Alexis are you based in the U.S or Canada, since you are using the Canadian dollar as an example? Good ideas, good points, however you may want to find an native speaker to help you edit your material because you are not good at transitioning from one thought to another to build your case, thus reducing your effectiveness. However, congratulations for your effort despite some of your handicaps.
Who knows? I put away food and purchased gas masks for Y2K, and it never happened. Families are divided on this issue. Do we buy a house at low interest rates and watch the values increase or do we buy metals to hedge inflation? We could have bought B of A stocks for 4 dollars in Sept 2008 and quadrupled our money.
When the goverment plan the bank hollyday they wont tell us inadvanse. Then once finally you have acces to your investement account there is a big chance that you loose 90-95% of perchasing power. Systhemic risk is really hight. I am also betting on the real state prices will fall compare to gold and silver.
@lonestarskywatcher You said it "Who knows?" are you willing to gamble knowing the possibilities. Take New Orleans for example after hurricane Katrina. Now multiply that by 1 million! Simple as this, take paper money in one hand ANY metal in the other burn both at high temperatures what do you have? In fact, invest in tools, food, everyday items...what loss is there? You buy food now 2 yrs from now you avoid inflation, you saved money! Better to have it & not need it, then need it & not have it
It will be possible to trade on the international market by using gold and silver. Even the situation gets too caotique in USA some countries arround the wold will have same excesses to trade with.
I agree with you that no one is willing to "go broke". I've been saying all along that people if they thought very simply about the problems, they would know what the right thing to do was, but they wouldn't do it. Government workers are not going to voluntarily quit their jobs for the betterment of this country. The Unemployed will not not accept unemployment checks to help our deficit. People will take from the till till there's nothing left.
3:19 im sorry if we abolish what?? lol
reduvio 3 weeks ago
LOVE THIS VIDEO GREAT MAN GREAT WISODM! VERY ACCURATE VERY TRUE. SILVER HAS TRIPLED THE AMOUNT IT WAS FROM LAST YEAR! THE PAY HAS NOT INCREASED IN PEOPLES WORK CHECKS. GREAT SPEECH.
peteman000 10 months ago
Silver and gold is of no use to me.
I can not eat it.
I can not build a house from it.
It will not keep me warm when it gets cold.
You should exchange your money in for someting more usefull.
Some thing you use or some thing you need to live.
Be Well.
beltdrivecliff 11 months ago
@beltdrivecliff you can barter and buy what you want but your right food, water, protection , land. Im guessing you already heard the silver arguments so I wont bore you lol.
lilboyblue3000 4 months ago
If the United States Dollar were to fail, it would create a massive worldwide domino effect. For example, the world relies on the U.S.A. and China to pretty much set the tempo for the rest of the world economy. If the U.S. Dollar crashes, then you can bet that China will have a collapse of their system. The U.S. Dollar won't crash, but instead you will start to see some serious decline in the commodity markets. Gold will fall to under 1,000 an ounce but I do think silver will hold firm.
TheGreekMan1981 1 year ago
I been buying coins (junk silver) for a 2 years. I believe it will out perform gold. But I advise beginners to get advice from various book and video sources and dealers. I made a silly little mistake when I first bought $100. worth of coins, I thought I was buying silver dollars, the following month I went back to buy more coins and found out they were only half dollar coins. I was upset and shocked because I was so naive. Also buy from a trustworthy source, you don't want to buy fake silver.
menderfire9 1 year ago
Great Video Alex! Now instead of just all buying get into the metals business and buy / sell and you can get your metals at a greatly reduced price. Great business opportunity! Help me spread the word in Canada!
Keep producing the great videos!!
Greg
ScrapGoldBusinessSchool
ScrapGoldBusiness 1 year ago
Good points. The USA and other Western countries have been living an artificially high standard of living compared to what is realistic in the long term. Reality is about to set in again back to a more austere no excesses way of life.
jimbobubbadj 1 year ago
Hey Alex..I'm not a rich girl but I am buying some American Silver Eagle's, in your opinion should I be buying smaller incriments of gold as well like 1/10 or 1/4 Gold Eagle coins ?
ThePinkCustard 1 year ago
@ThePinkCustard I like silver, but gold is good too. I think silver will outperform the gold. The only reason I dont like gold that is too expansif what makes it more difficult to trade.
Alexiscom1 1 year ago
@Alexiscom1 Thanks for your reply. I recently stared buying American silver eagles, I only have 20 so far, seems like like so little when others have so much more ! I also have some junk silver coins, Morgans and 90% coinage-mercury dimes etc. I guess its a start though :-)
ThePinkCustard 1 year ago
@Alexiscom1 Thanks for your reply. I recently stared buying American silver eagles, I only have 20 so far, seems like like so little when others have so much more ! I also have some junk silver coins, Morgans and 90% coinage-mercury dimes etc. I guess its a start though :-)
ThePinkCustard 1 year ago
Very good video.....I also collect silver
bigtwo1952 1 year ago
I think that the majority of American's don't realize how they are being robbed by the government by devaluation of currency. They are sheep that just watch TV, watch sports and spend more money then they make on credit like good consumer sheeple.
Dumbed down society here in USA.
KarlBrkr 2 years ago 2
America sold off all it's gold. We couldent reinstitute the standard even if we wanted.
Limeisback2012 2 years ago
gold and silver dont need to be control by the government. Gov just need to not interfere who cares how much gold they have they wont have any power after the paper currency collapse any way.
Alexiscom1 2 years ago 2
Hate to sound like Rod serling here but...
"They shall cast their silver in the streets, and their gold shall be removed from them"
IronicallyVague 2 years ago
This has been flagged as spam show
@IronicallyVague What's the point that you are trying to make?
jimbobubbadj 1 year ago
@jimbobubbadj
My comment was what I believe, Buy gold not silver
Wasn't me that marked you as spam btw jimbob
IronicallyVague 1 year ago
@IronicallyVague Sorry Bro. Peace out.
jimbobubbadj 1 year ago
I agree that metals will be very useful, I'm going to keep buying them, but I do feel that if there is a food shortage, everyone will want food, but of course, your right, what would I barter it for? I do think that a food shortage is due here this year, maybe sometime later in the year, but I can tell that there are a LOT of items missing in the grocery stores already. (no one else even notices)
I like that you make me think of things differently, I really enjoy your videos. Thank you.
Sheila6325 2 years ago
First let me say that I do buy silver, however, there is not enough silver or gold in the world, to create a silver or gold monitary system. People can buy gold, and if all did, it wouldn't take much for it to be gone.
I know it's going to crash here, but maybe a BARTER system is the money of the future, you can't eat silver, you can eat a smoked ham, a dozen eggs, or things like that. Self sufficiency is still the answer. Raise chickens, grow food, with enough left over to Barter with.
Sheila6325 2 years ago
Metals can be used more then ones for the trade so we shouldnt run out . Beside gold and silver we also have copper paladium platin and rodium.
Bater can also be used the inconviniance is that if i wont to barter i need to look for same one that has what i need and he also need what i have. That why the money have been created to fasilited the trade.
Alexiscom1 2 years ago
Marc Faber said in a video, if we went back to gold standard, Gold would be reevalutated at S1,000,000 per ounce. A few grams could make you very well off.
MYAR15SaysImFree 2 years ago
I watched that too on the RT video blog. I think the value of precios metal will sinificantly rise but don't take this millon number literally. You have to understand that the marker forces also are applying to gold as they are applying to everything else.
Alexiscom1 2 years ago
Hi Alex, what do think of the proposition that there has to be deflation rather than inflation ? My reasoning is because of the amount of debt in the system no amount of money printing is able to cancel the debt, that is why there is no increase in GDP despite the amount of 'Quantitative Easing '
DavidAKZ 2 years ago
The best information about inflation deflation scenario is on the misesmidea channel. I just figure it out that i cant post the links in the comments.
Alexiscom1 2 years ago
cool video dude
Myrmidon717 2 years ago
Even when fully paid you do not own the home.
You have what is called "allodial title" to it.
You can verify this easily by not paying your "taxes" on said property.
Same thing for a car or anything else you have to "register".
Its a word game they play and you get tricked into it because no one knows any better.
Research "freeman on the land" status to learn more about holding full title.
doobsta 2 years ago
Yes people do not see the repalancing of wealth that is coming. $20 = 16 hours of a China's labor?
This does not make any sense how does most of the world work for so little when we work for so much?
I can see it if we produced most of the capital goods we consume but we don't they make it.
HA I see! because they are not accepting capital for the exchange of goods the are accepting debt notes. That's not capital if they can't buy anything over here.
davincij15 2 years ago
China still can buy oil with US dollars. Bravo you are the first that mantion 20$ = 16 hours of a China's labor. Now do you understand that the gold standard will permanently remove this advantage from us? Unless we say ye China one oz of our silver worth 20 oz of your silver.
Alexiscom1 2 years ago
test
Alexiscom1 2 years ago
Very good points Alexis, keep up the good work!
pseabury 2 years ago
sorry, I forgot the part about the flag in our pledge....
lonestarskywatcher 2 years ago
@freepress... Explain please...how is the republic system going to conquer and how is it that gold or silver will be as worthless as paper..I though we already had a republic system....I pledge allegiance to the USofA and to the republic for which it stands....
lonestarskywatcher 2 years ago
any country that has a fiat currency is bankrupted, and has been a long time ago, its the system of control that is failing right now, money dose not exist, money was destroyed by a promise to pay, now all you can do is discharge the debt, you don't need gold or silver it is worthless as paper money, there is wave coming that will conquer this system, and its the republic system.
freepress666 2 years ago
I am not sure why you got thumbed down so many times as what you are saying in essence is true.
America took 20 years to be bankrupted, from 1913 to 1933.
Your also correct that you can discharge the debt by accepting for value the charges pending against you.
Saying gold an silver is worthless is not correct, true you don't need them but they are far from worthless. Quite the contrary, they are priceless. There is not enough of it to even have it back our money. most is paper silver and gold
doobsta 2 years ago
I cant debate with you because I agree with everything you said. Can someone find me one case in all of history where a fiat currency DID NOT return to its intrinsic value? I see people comment that theres a gold bubble, how can a real value be in a bubble against zero value? Is it true that gold and silver are the values which all currencies are measured against, gold and silver values do not fluctuate, but rather, the values of currencies fluctuates against the value of gold and silver?
hatch381 2 years ago
Right observation most of the people dont understand that it is the dollar that is going down but not the metals that are rising in price.
Alexiscom1 2 years ago
Alexis are you based in the U.S or Canada, since you are using the Canadian dollar as an example? Good ideas, good points, however you may want to find an native speaker to help you edit your material because you are not good at transitioning from one thought to another to build your case, thus reducing your effectiveness. However, congratulations for your effort despite some of your handicaps.
Billtimmick 2 years ago
Well put! I like your ideas. More people need to see your channel. Especially if they like silver and gold. Thanks!!
Howouldado 2 years ago
Who knows? I put away food and purchased gas masks for Y2K, and it never happened. Families are divided on this issue. Do we buy a house at low interest rates and watch the values increase or do we buy metals to hedge inflation? We could have bought B of A stocks for 4 dollars in Sept 2008 and quadrupled our money.
lonestarskywatcher 2 years ago
When the goverment plan the bank hollyday they wont tell us inadvanse. Then once finally you have acces to your investement account there is a big chance that you loose 90-95% of perchasing power. Systhemic risk is really hight. I am also betting on the real state prices will fall compare to gold and silver.
Alexiscom1 2 years ago
@lonestarskywatcher You said it "Who knows?" are you willing to gamble knowing the possibilities. Take New Orleans for example after hurricane Katrina. Now multiply that by 1 million! Simple as this, take paper money in one hand ANY metal in the other burn both at high temperatures what do you have? In fact, invest in tools, food, everyday items...what loss is there? You buy food now 2 yrs from now you avoid inflation, you saved money! Better to have it & not need it, then need it & not have it
D33Lux 2 years ago
It will be possible to trade on the international market by using gold and silver. Even the situation gets too caotique in USA some countries arround the wold will have same excesses to trade with.
Alexiscom1 2 years ago
good video comrade.
jhi1947 2 years ago
I agree with you that no one is willing to "go broke". I've been saying all along that people if they thought very simply about the problems, they would know what the right thing to do was, but they wouldn't do it. Government workers are not going to voluntarily quit their jobs for the betterment of this country. The Unemployed will not not accept unemployment checks to help our deficit. People will take from the till till there's nothing left.
dabruin2 2 years ago 3