Silver Price Over $40 Gold $1603, Economic Collapse in West, Building Mega Cities in the East

[torontobills]

Hey your a dreamer if you think gold and silver is going through the roof. Feds will pass a law to keep gold and silver down. You will be a old man before it skyrockets. look at silver today $29. I bet your losing your shirt.

[ShikamaruTKD]

@torontobills supply and demand especially silver. do your homework

[IJustLikeToPlay]

Love it! Nice job. Certainly with worlds population rising at a rate of 1.8 % and resources/precious metals being limited, over the long term the demand will be enormous with less supply...JACKING Silver/Gold PRICES UPWARD! =)

[dragonflyboy4321]

Great comments brother.

[truro007]

During the recent surge in gold price to $1800, silver didn't move and remained stable at $40. I always believed silver 'piggy-backed' gold but not on this occasion. Why was this? The price of silver seems ludicrously low at $40. Even with a ratio of 20:1 the price should be more than double at $90. People all over the world appear to be buying physical silver and yet the price remains static. My gut feeling is that the price is being depressed, possibly by ETFs manipulating the market.

[sporky69]

in preparation for collapse of the dollar what kind of gold would you buy idealy? any kind such as nuggets or coins?

[CommentaryUSA]

@sporky69 Coins or bullion. You can buy 1/5 and 1/10 ounce coins if you want to start small or obviously one ounce bullion if you have the cash.

[sporky69]

@CommentaryUSA Thanks for responding to my comment. I'll start with silver one ounce coins. :)

[CommentaryUSA]

@sporky69 Good choice. I buy 1 once silver bullion and also pre 1965 us silver coins. Don't forget food and fuel.

[sporky69]

@CommentaryUSA Yes talked to Mom going to be buying a lot of canned food and sacks of rice.

[jasperpaws24]

@sporky69 any form of gold or silver really. nuggets are sold on ebay for less than premium coins. generic silver rounds and gold grams are a good way to start. they are certified and one doesnt have to pay a high premium for them. Best Blessings..

[kernel16]

Good luck feeding themselves: they're presently suffering a food crisis, and on top of that they're destroying more farm lands for those very ghost cities, in which they want their farmers to move in.

[CommentaryUSA]

@kernel16 219,000 people a day being added to world population, there is and will be for some time to come, a great need for farm land.

[Dport7674]

Good stuff in this video

[CommentaryUSA]

@Dport7674 Thank you!

[jayangli]

empty cities in china, no that cannot be true. I been to china and the population is as impressive as the land size. An empty city in china is not possible

[dannydarias1]

I think you are a bit confused. First you say there are cities, bigger than NYC, empty. Totally empty. If people start moving into these cities, why would they have to build more of these if they already have them? I think these cities will fill, once real estate prices collapse. Commodities are at the tail end of their rally. Of course nobody is going to jump out and say this when these are booming, but i think their rally is over.

[jayangli]

i mean there are 1.3 billion people in china. greek just had another bailout. it looks like there could be more bailouts across the EU. When the fed starts to print again, then that means gold and silver will rise.

[jayangli]

there is around 1.3, the most. up to 1.4. not 1.6. I am not going to pay attention to silver prices anymore. should we sell, should we buy. We are still early in this bull market. But to be a great investor, we have to learn to wait. I want to forget bout silver for now.

[2011rcm]

Very good points, all of them. Right now I have an investment in a potash mining company, there is not enough potash across the world for all the farms plus there are cartels in potash that have made deals strictly with the Chinese, what about the other countries? Long term on the Copper is forecast at $8 to $12 dollars a pound, regardless of what happens in the United States.

[CruisinDaNap]

watch?v=OSAogqqLYAk <-- Cory C and Rawdog are creating the NWO

[ytgv3fc7]

hey, if they build 20 of these cities a year, they'll run out of farm land to feed the people IN the cities, won't they?

Running low now, aren't they?

Plus with Chinese mining methods which are entirely unclean, that's ruining countryside to live off of too, isn't it?

[CommentaryUSA]

@ytgv3fc7 China has been aquiring farmland in Africa and Latin America. In Brazil they would not sell them any land so China "lent" the farmers 7 billion dollars to triple their Soy Bean crop so China could send it back home to feed livestock. China is very active in securing whatever it needs by buying abroad.

[ytgv3fc7]

@CommentaryUSA ah, interesting trick, but best to be rid of dollars while they can. However, securing transport of food will require military force with America not far behind trying to do the same and/or stop China from getting food - another seige like Israel over Palestine - but this one will surely involve Russia's navy too against America. Very dangerous having all your food come in from other nations.

[mccoya2]

very good analysis. Thank you. I think you may be a little naive to think that the west will allow China/India to hoover up resources in such quantities. I think there will be war long before demand reaches the heights you talk about - which will yield very different long term outcomes.

[CommentaryUSA]

@mccoya2 There will be a war over resources and we won't have the money or resources to fight it. China is already securing resources around the world such as oil, minerals, food and coal. America has allowed itself to fall behind the eightball. They even purchased rights to the shale oil and gas down in Texas. The race is on right now for securing resources for the future and we are lagging way behind, unfortunately.

[brown55061]

@CommentaryUSA

The scary part about the looming war(s) is if America does implode like the Soviets we'll have a revolution. Then we'll likely face attacks from the outside from Russia, China or an Arab state due to our instability and weakness because of our farming area and resource rich properties.

[silverexplosion]

Long time no see!

[choctawindian7473]

I believe that when China opens it's commodities exchange market in September, we will see a tremendous rise in the price of physical silver. 

[jayangli]

@choctawindian7473 which exchange market is this?

[mrzack888]

i can't post dotcom sit urls here so do a google search on "a guide to china's rising urban areas new geography", great article list on the growing cities in China.

[mrzack888]

i like ur style. i appreciate your far foresight comments on China. u must be smart.

[ss11s]

pull pre-1982 copper pennies and put them in a jar

[CommentaryUSA]

@ss11s My kids do that all the time.

[BMWg84]

@ss11s

Yeah.. or in giant burlap bank bags...

[BMWg84]

Excellent video

[CommentaryUSA]

@BMWg84 Thank you!

[mobilefreek]

They will not go back to the farms..but become unhinged and thus the instability begins...

[smasila]

You made made a point that today's peep should listen too is infrustructure. If the electrical grid went down due to an economic collapse, how are you able access to any digital money? If that did happen, I think digital money is the last thing you want.

More reason why real gold/silver is important.

[Therighttotruth]

You bring up some good points. But the cities that are vacant and are being built are a part of a larger command and control system. The cities will be designed to house different class of humans based on genetics. This is an end game position for complete dominance over the human race. The cities will be broken down into specialties. One for slaves class and their indoctrination process of that class. Others for mid level humans that have an affinity to sciences and other specialties.

[drewstarr71]

Bang cock China has roaming browns now....if those vacant cities EVER do get populated there will be BIG power problems.

[Choumi123]

In China they will live in the empty cities, but not before the price go down for at least 50%

[Plum369]

I can't believe you spent so much time explaining the obvious. These countries are going through the "industrial age" cycle that the US has already been through.

[Eraser7622]

@Plum369

Nonsense. There are little similarities between what China is going through and what the US went through during the industrial revolution. The contrasts couldn't be starker, yet you ridicule somebody for discussing them. Perhaps you should spend a little time learning before making statements of fact?

[IronicallyVague]

@Plum369 - I'd say he spends less time explaining the obvious then you do boosting your ego :)

[TadRapidly]

who would have ever thought that tangible assets would be worth something??? HUH!! Live and learn... lol ;-)

[GOLDSILVERDUDE]

Good video. I enjoy getting your perspective on things. BUY PHYSICAL, HOLD PHYSICAL.