Ha! Ha! Dude when is this COMEX default going to happen? JPM has endless amounts of FIAT that will keep this thing manipulated until planet Nirubu wipes out mankind! I'd like to see it but am slowly realizing this is no win game on COMEX.
I really like APMEX and have had only good experiences.
They're fair, fast and the coins are well packaged and perfect. They email you throughout the process. Mailing packaging is discreet and secure. Nice people.
@videolover61 Actually in a sense that's a good thing because fees are tied to a set percentage. So as silver increases in value the same percent fee increses. I'm glad silver is rising but I'm upset it is because I'm not finished stocking up. : )
Good information! Your readers may wish to google "The Market Oracle" -- there is additional useful information there. Also, "Attorney General sues Northwest Territorial Mint for deceptive sales practices" -- there is a link that shows the AG's complaint against them.
Nice video davincij15, very informative. In your opinion how long before our US fiat money collapses? The way the current adminstration is spending money and the fed reserve is printing it, it can't be very long. Thanks in advance. ;)
I would not call it the final collapse but some time before the end of this year we should see the USD index at or below 50. Thus causing gold and silver to at least double.
I do not see how they can pull a rabbit out of a hat this fall like they did last fall with the TARP.
If the US Gov has something to trade foreigners with it will buy them another year. I do not believe the have any gold. But land maybe.
Thanks for your reply. Yes I agree totally. Many believe the gold reserve at Ft Knox is gone and the vaults are empty as collateral for already borrowed money over the years. Nixon taking us off the gold standard for world trade in 73 was a big mistake and its been downhill from there for the dollar. To continue to print and borrow money, what they can borrow anyway, is only making things worse not better. Some think there will be a new currency to replace the dollar, perhaps the amero?
Pay attention. The money changers work in the gold and silver market as well as the jewelry and diamond market. Many places will give you 4 to 6 percent under comex price when they buy and will sell at 4 to 6 percent above comex price.
Yes, APMEX is Excellent! No problems with delivery since I have been buying from them since September. Check your local coin dealer for 90% "junk" silver coins too, as this is the best deal going if you want a position in silver, but don't want to pay big premiums!
I am wrong about a lot of things but the Perth mint scam I can be 100% sure about. If you have a allocated account then your good, but if you have a pooled account you have nothing but a derivative. Prove it yourself switch to allocated or request your gold, also I will be glad to forward others research on this. Then decide for yourself but if you choose not to look into your investment that and it ends up bad don't blame Perth or Peter, because you made a choice.
***** I'm from Aus, I wouldn't buy certs from the Perth Mint. Silver, Gold Coins or bars from bullion dealers in your hands are the only way to go. Great clip.
The ETF is for people who don't know what they are buying. They don't trust paper money but trust paper silver produced buy the same people who gave you the paper money. OK. lol
i have over $180k in paper gold and silver. If the COMEX defaults in Dec. wouldn't that cause a panic that would shoot metals up astronomically? Sure I can only cash out for US$, but for a lot more US$ than I orignially invested.
I can tell you this if the COMEX does default you will be getting cash and the value of gold on the COMEX will be lower. Consider what's happening people are not buying COMEX and LME contracts at extended future dates and only buying immediate or 1 month delivery contracts. No I see the banks wanting to keep the scam going but man are you risking it. If you have physical you can sell it for a minimum of 10% over spot if you buy not confiscatable items like legal tender it's 40% over spot.
If you keep your eye on the LIBOR - the international lending rate set in london everyday.
When this rate gets low (it is quite high at the moment) - when it gets lower it will signal that banks are lending to each other...that will mean inflation is coming fast...all this money that has been created is NOT in the system....when it enters....look out!
Thats when my man better have some Gold and Silver to protect himself....good luck...
Love the videos. I'm planning on showing one or two to my family, to help them better understand this mess. I wonder- I would love to hear more of your explanation of the evidence of the banks being broke. That's a video in itself. I hope that you might do one...and perhaps use more BASIC language ( some of us are still learnin' ! ) Again, love the reports, and look forward to much more.
Wow I am kind of surprised that you don't know all the major bank are broke. I mean You dont bail out health banks and the reason banks do not want to lend to each other is because they all know they are all broke. The only think keeping them alive right now is their ability to lie or too big to fail.
Did you check out the chart links in the more info section. You should share that.
What are the chances of gold confiscation Davinci...It would have been easier in the 1930's not to many people, but now with over 300 million in the US, would it be possible...Any thoughts...anybody!
Ask this hard hitting question and have them show it to you in writing...
What happens if COMEX goes away and the price of gold is decentralized, meaning some places gold is cheap and others it is expensive? What is my price then?
Also keep in mind centralized gold mean centralized confiscation. It does not matter if he has it on an island he has no army to protect himself.
Those are the additional risks you take so it is up to you if you think it's a good idea or not.
With Goldmoney you can actually take posession, so your price is your gold. I think you are right, though, in that when gold becomes "unchained" from its current price class, the GOldmoney game changes drastically.
After reading about the London Fix it seems that it can separate form the COMEX price because it is priced in Sterling and Euro. If so and GoldMoney can get gold at that fix Price (a price is useless if you can't buy it) then thinks are looking up for GoldMoney.
Still you do have political risk as the gold is centralized.
Also keep in mind that even now the bars that he is buying for his customers are being sold at a higher premium so it's not long now before he will not be able to get any at the COMEX price. So what will he do then?
I have been using apmex for years and recommend them. gold & silver is getting harder to get and the spread is getting wider though.i like swiss 20 francs and i cant get them now
There are many many pissed with BD right now, just check out their forum. When people bring up the shitty customer service or ask questions about their orders, they get some guy named "hog" who virtually bitchslaps them. The owner didn't even bother to post updates until some customers brought up legal action. I placed my order exactly a month ago and still haven't gotten anything (and I specifically orderd stuff that was not labeled as "on delay"). -Now, it appears that the silver I ordered...
(con't) may be on some extended delay and that they'll (maybe) offer me some rounds instead. -Not even close to being equivalent (their rounds look cheap and phony)to the quality silver I ordered. -Anyhow, I can attest to how good APMEX is. I've gotten 4 orders from them in the past month. If they don't have it, they don't SELL it. Plus, they give you constant updates on your order and send it out quickly. Yes, they are more expensive, but you get what you pay for.
Thanks for the heads up on MONEX, I thought their listed prices seemed a little too good to be true. When I called an account rep there (very polite and informative by the way, didn't try to pressure me into anything) he told me they only have 1000oz bars and 90% bags of junk silver at that time, which explained their crazy low price on ASEs. I am glad I have done all my business with APMEX now and will continue to do so as well as recommend them to family and friends. APMEX is ***** with me!
He is right Monex does push to use leverage. I bought about 55 thousand dollars and the sales man kept pushing me to use leverage. I refused because I remember what my father told me as a child only stretch your legs as far as you blanket goes. Oh and I refused to leave my metal with them for safe keeping lol.
yes I do and now I know why my dad used to say to me when you get older you will know why at the time I hated that reply because it didnt make sense to me but as I reflect on a lot of things I now understand why.
Yeah I found them very nice as well. But after purchasing metal they started pressuring me to go on margin. I have had another problem with them they gave me wrong product once but I was not about to send it back for the right product.
I get my gold and silver at the place you recommend and they are reputable and usually get it to me very quickly. Their rates are usually much better than the others also. this is another great video that the sheep need to see. Good job.
Links to the charts are in the More info documentation about what I discuss will always be found there. There is a link named "more info" just below the date added.
Bankers are the Fed. This bailout bill that was fearmongered into being signed has centralized wealth into a few hands and reeks of criminality. Congress have always had the inherent power to coin money without debt or interest being attached - but we would all rather be indentured servants and let the Fed coin the money (actually they are coining debt). Thanks for the vid.
Ha! Ha! Dude when is this COMEX default going to happen? JPM has endless amounts of FIAT that will keep this thing manipulated until planet Nirubu wipes out mankind! I'd like to see it but am slowly realizing this is no win game on COMEX.
ThePMBull 9 months ago
Great video, I like to talk about Silver and Gold on my youtube channel as well.
Fitrade 10 months ago
How do you know that the order that was shipped is genuine?
healthyfitmom 1 year ago
@healthyfitmom
Buy from a well known dealer or producer like Apmex and Quality Silver Bullion.
davincij15 1 year ago
I really like APMEX and have had only good experiences.
They're fair, fast and the coins are well packaged and perfect. They email you throughout the process. Mailing packaging is discreet and secure. Nice people.
mkmason2002 1 year ago
@mkmason2002
I still like APMEX but that cost above spot is going up and up and up : (
videolover61 1 year ago
@videolover61 Actually in a sense that's a good thing because fees are tied to a set percentage. So as silver increases in value the same percent fee increses. I'm glad silver is rising but I'm upset it is because I'm not finished stocking up. : )
mkmason2002 1 year ago
@mkmason2002
yeah I still would like to get more...Matter of fact bet the "house" on silver!!!
videolover61 1 year ago
Good on you man!
TruthCracker 1 year ago
Bush, Obama, the last republican congress, the present democrat congress has declared war on the dollar. This is our only alternative.
PatriotMan09 2 years ago
Good information! Your readers may wish to google "The Market Oracle" -- there is additional useful information there. Also, "Attorney General sues Northwest Territorial Mint for deceptive sales practices" -- there is a link that shows the AG's complaint against them.
eisenhowernixon 2 years ago
Nice video davincij15, very informative. In your opinion how long before our US fiat money collapses? The way the current adminstration is spending money and the fed reserve is printing it, it can't be very long. Thanks in advance. ;)
luke19631963 2 years ago
I would not call it the final collapse but some time before the end of this year we should see the USD index at or below 50. Thus causing gold and silver to at least double.
I do not see how they can pull a rabbit out of a hat this fall like they did last fall with the TARP.
If the US Gov has something to trade foreigners with it will buy them another year. I do not believe the have any gold. But land maybe.
davincij15 2 years ago
Thanks for your reply. Yes I agree totally. Many believe the gold reserve at Ft Knox is gone and the vaults are empty as collateral for already borrowed money over the years. Nixon taking us off the gold standard for world trade in 73 was a big mistake and its been downhill from there for the dollar. To continue to print and borrow money, what they can borrow anyway, is only making things worse not better. Some think there will be a new currency to replace the dollar, perhaps the amero?
luke19631963 2 years ago
DAVINCIJ15,
Can you recommend some book titles on buying gold and silver & on surviving the upcoming collapse? Thank you for your responses.
TheSmoosh 3 years ago
Guide to gold and silver investing.
The collapse of the dollar and how to profit
are books I have read.
As for surviving I am still looking for Great depression books.
davincij15 3 years ago
Pay attention. The money changers work in the gold and silver market as well as the jewelry and diamond market. Many places will give you 4 to 6 percent under comex price when they buy and will sell at 4 to 6 percent above comex price.
Hephasteus9 3 years ago
Yes, APMEX is Excellent! No problems with delivery since I have been buying from them since September. Check your local coin dealer for 90% "junk" silver coins too, as this is the best deal going if you want a position in silver, but don't want to pay big premiums!
demensha23 3 years ago
i agree with everything you said except the nonsense about the perth mint.
what does the perth mint have to do with the Comex?
even Peter Schiff agrees.
i'm sure the mint does not play the paper game and they have all the certificates backed with 100% physical
Decebal825 3 years ago
I am wrong about a lot of things but the Perth mint scam I can be 100% sure about. If you have a allocated account then your good, but if you have a pooled account you have nothing but a derivative. Prove it yourself switch to allocated or request your gold, also I will be glad to forward others research on this. Then decide for yourself but if you choose not to look into your investment that and it ends up bad don't blame Perth or Peter, because you made a choice.
davincij15 3 years ago
test of post. I try to reply several time, but it did not show up. Maybe now.
dontblamethemessenge 3 years ago
Ok, it works.
First thank you very much for the instructive videos you make. It learns me a lot, you make no nonsense stories.
dontblamethemessenge 3 years ago
This has been flagged as spam show
To learn the truth about the Atlas Account visit MonexFRAUD[dot]com
Monex rated [F] by the Better Business Bureau (BBB) Currently has ""43"" Complaints.
This number ""43"" speaks for itself!!!
You also need to complain to the FTC. It is important to file complaints with both agencies
luckyrick1950 3 years ago
Thanks.
davincij15 3 years ago
Thank you! You are doing a great service.
littleredbirdy 3 years ago
So where do you think I should buy my silver and gold. I just ordered from North West Territorial Mint. Is there any other way that would be better?
alroysh11 3 years ago
Apmex is better.
davincij15 3 years ago
will EFT's denominated in AUD be okay then?
your'll only be at risk with the USD, correct?
ltse 3 years ago
You have a problem also with this financial crisis, the problem of counter party risk. There is a lot of people between you and your money.
1. The sponsor, Barclays.
2. The custodian, JP Morgan, who is supposed to hold the silver.
3. The sub custoidans, which can have further
4. More sub custodians
5. The market making brokers who buy and sell the actual metal, futures, and/or shares in lots.
6. Your own brokerage account that holds your SLF shares for you.
click more info and read.
davincij15 3 years ago
to be honest with you.. i learned from yur videos more than i learned reading 5 books about gold... thank you
mouljran7 3 years ago
I find that difficult to believe. But if you say so.
davincij15 3 years ago
BTW thanks.
davincij15 3 years ago
***** I'm from Aus, I wouldn't buy certs from the Perth Mint. Silver, Gold Coins or bars from bullion dealers in your hands are the only way to go. Great clip.
TodMcInerney 3 years ago
Agree my man! Get physical! Period! and a good safe and then wait
eaglsups 3 years ago
Favorited & rated as 5 stars. ETF is just a trap for investors. When they find themselves trapped, it'll be too late! Go for physical, discard ETF's.
Rasmi17 3 years ago
The ETF is for people who don't know what they are buying. They don't trust paper money but trust paper silver produced buy the same people who gave you the paper money. OK. lol
davincij15 3 years ago
i have over $180k in paper gold and silver. If the COMEX defaults in Dec. wouldn't that cause a panic that would shoot metals up astronomically? Sure I can only cash out for US$, but for a lot more US$ than I orignially invested.
mongobobo 3 years ago
I can tell you this if the COMEX does default you will be getting cash and the value of gold on the COMEX will be lower. Consider what's happening people are not buying COMEX and LME contracts at extended future dates and only buying immediate or 1 month delivery contracts. No I see the banks wanting to keep the scam going but man are you risking it. If you have physical you can sell it for a minimum of 10% over spot if you buy not confiscatable items like legal tender it's 40% over spot.
davincij15 3 years ago
agree. apmex has never let me down. when they have had a delayed delivery, i've been notified immediately.
emerys94 3 years ago
Excellent Exposure!
KamikazeKoscki 3 years ago
Tell your producer we need at least a show every 2 days.
Rabbitcarebears 3 years ago
You speak the truth brother! Another great vid, keep em coming!
actop19 3 years ago
Loving the vids bro. Keep em coming!!!
TomLandrysHat 3 years ago
Thanks for the vids!
elfchimp 3 years ago
I've never had a bad experience with BullionDirect. Their delivery is a little slow, but they've always delivered.
WaxAwnWaxOff 3 years ago
Davinci - keep up the good work - you seem to be the only one who is talking about this subject.....
dojufitz 3 years ago
If you keep your eye on the LIBOR - the international lending rate set in london everyday.
When this rate gets low (it is quite high at the moment) - when it gets lower it will signal that banks are lending to each other...that will mean inflation is coming fast...all this money that has been created is NOT in the system....when it enters....look out!
Thats when my man better have some Gold and Silver to protect himself....good luck...
dojufitz 3 years ago
I've used bulliondirect and they are pretty good. Expect to wait about 2 weeks for delivery.
dbztiki 3 years ago
Hey Davinci-
Love the videos. I'm planning on showing one or two to my family, to help them better understand this mess. I wonder- I would love to hear more of your explanation of the evidence of the banks being broke. That's a video in itself. I hope that you might do one...and perhaps use more BASIC language ( some of us are still learnin' ! ) Again, love the reports, and look forward to much more.
CLv
Clavius3 3 years ago
Wow I am kind of surprised that you don't know all the major bank are broke. I mean You dont bail out health banks and the reason banks do not want to lend to each other is because they all know they are all broke. The only think keeping them alive right now is their ability to lie or too big to fail.
Did you check out the chart links in the more info section. You should share that.
davincij15 3 years ago
What are the chances of gold confiscation Davinci...It would have been easier in the 1930's not to many people, but now with over 300 million in the US, would it be possible...Any thoughts...anybody!
SAHARA1155 3 years ago
I personally see it as a possibility. Why?
WMD in Iraq
Sub-prime is contained
The financial system is sound
The second they say they will not confiscate gold it's time to hide and make arrangements.
davincij15 3 years ago
Hey davincij15, what's your opinion of GOLDMONEY the company?
wonsdor 3 years ago
Ask this hard hitting question and have them show it to you in writing...
What happens if COMEX goes away and the price of gold is decentralized, meaning some places gold is cheap and others it is expensive? What is my price then?
Also keep in mind centralized gold mean centralized confiscation. It does not matter if he has it on an island he has no army to protect himself.
Those are the additional risks you take so it is up to you if you think it's a good idea or not.
davincij15 3 years ago
With Goldmoney you can actually take posession, so your price is your gold. I think you are right, though, in that when gold becomes "unchained" from its current price class, the GOldmoney game changes drastically.
hermease 3 years ago
London Fix?
pixaloop 3 years ago
After reading about the London Fix it seems that it can separate form the COMEX price because it is priced in Sterling and Euro. If so and GoldMoney can get gold at that fix Price (a price is useless if you can't buy it) then thinks are looking up for GoldMoney.
Still you do have political risk as the gold is centralized.
davincij15 3 years ago
Also keep in mind that even now the bars that he is buying for his customers are being sold at a higher premium so it's not long now before he will not be able to get any at the COMEX price. So what will he do then?
davincij15 3 years ago
I have been using apmex for years and recommend them. gold & silver is getting harder to get and the spread is getting wider though.i like swiss 20 francs and i cant get them now
ThirdProverb 3 years ago
Thanks for the heads up. Very useful info.
nibelungensohn 3 years ago
great info/video thanks
apmex is the best. they have been 100% for me. monex has been OK for me so far 3 for 3 but but now im hanging a bit with the delivery times...
psbyowner 3 years ago
great info man, and those crazy charts are just wonderful to look at..
hsuehc 3 years ago
What about Coinsplus in Spokane? They seem to be of high character from what I've heard.
trbrcb 3 years ago
I've ordered from Bulliondirect and they delivered withing 7 weeks. They aren't cheap, but at least you get your stuff(for now).
TTBurner 3 years ago
I guess I did not mention in my video 7 weeks is way to long. You will most likly get your stuff but they keep your money for way to long.
Only buy from people who will send you it in 2 - 3 days or 2 weeks at the very most.
davincij15 3 years ago
There are many many pissed with BD right now, just check out their forum. When people bring up the shitty customer service or ask questions about their orders, they get some guy named "hog" who virtually bitchslaps them. The owner didn't even bother to post updates until some customers brought up legal action. I placed my order exactly a month ago and still haven't gotten anything (and I specifically orderd stuff that was not labeled as "on delay"). -Now, it appears that the silver I ordered...
medulalumosa 3 years ago
(con't) may be on some extended delay and that they'll (maybe) offer me some rounds instead. -Not even close to being equivalent (their rounds look cheap and phony)to the quality silver I ordered. -Anyhow, I can attest to how good APMEX is. I've gotten 4 orders from them in the past month. If they don't have it, they don't SELL it. Plus, they give you constant updates on your order and send it out quickly. Yes, they are more expensive, but you get what you pay for.
medulalumosa 3 years ago
Aw, you took my previous comment about my order at NWT and put it into your video as a negative. Now I'm sad... waaa.
conquesimo 3 years ago
true there's no silver out there right now
johnnyr55556 3 years ago
Comex won't default.
Dec is 200,000 contracts = 2 mil oz.
Comex has 8 mil oz. No one will ask for delivery and if they do, comex will still have 6mil oz.
clearcutting 3 years ago
I would like to validate your data please msg me with where you got that info.
thanks.
davincij15 3 years ago
so? did he msg you for the info? was he bull shitting us?
KhmerD0g 3 years ago
yeah if dollar tanks certificates mean nothing. money will be useless in the future. but i digress.
mungcray 3 years ago
Thanks for the heads up on MONEX, I thought their listed prices seemed a little too good to be true. When I called an account rep there (very polite and informative by the way, didn't try to pressure me into anything) he told me they only have 1000oz bars and 90% bags of junk silver at that time, which explained their crazy low price on ASEs. I am glad I have done all my business with APMEX now and will continue to do so as well as recommend them to family and friends. APMEX is ***** with me!
corvettedude346 3 years ago
He is right Monex does push to use leverage. I bought about 55 thousand dollars and the sales man kept pushing me to use leverage. I refused because I remember what my father told me as a child only stretch your legs as far as you blanket goes. Oh and I refused to leave my metal with them for safe keeping lol.
suki2011 3 years ago
thumbs up!As we get older..Don't we realize our fathers were always right?
AngriestAmerican 3 years ago
yes I do and now I know why my dad used to say to me when you get older you will know why at the time I hated that reply because it didnt make sense to me but as I reflect on a lot of things I now understand why.
suki2011 3 years ago
Yeah I found them very nice as well. But after purchasing metal they started pressuring me to go on margin. I have had another problem with them they gave me wrong product once but I was not about to send it back for the right product.
davincij15 3 years ago
great
jimjaas 3 years ago
I get my gold and silver at the place you recommend and they are reputable and usually get it to me very quickly. Their rates are usually much better than the others also. this is another great video that the sheep need to see. Good job.
nikto2000 3 years ago
I use midas to buy. And stay away from these ETF's. So word is maybe jail time? LOL! We'll see.
lonwitness 3 years ago
i cant read the labels for the x y axis and i cant read the legend.
jlmiller77 3 years ago
Links to the charts are in the More info documentation about what I discuss will always be found there. There is a link named "more info" just below the date added.
davincij15 3 years ago
Bankers are the Fed. This bailout bill that was fearmongered into being signed has centralized wealth into a few hands and reeks of criminality. Congress have always had the inherent power to coin money without debt or interest being attached - but we would all rather be indentured servants and let the Fed coin the money (actually they are coining debt). Thanks for the vid.
drcloak 3 years ago
Thanks for the info however you are preaching to the choir. So preach on, My PEOPLE!
davincij15 3 years ago