CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.
I understand what you are saying, the dime is real, you can take it to the grocery and purchase food with it, even if the dollar is worthless. How would you buy a gallon of milk with a silver ingot? Break part of it off? Melt it down? To what sizes? A gold bar would have the same trouble, I'm more into a barter type system, if things get that tight, I can trade 22 shells or shotgun shells far easier, people will need them for hunting food and also defense, something to think about.
@flamingoefarms Ill give you 35 dollars in worthless fiat for your ounce of silver anyday, anytime.
Silver has many qualities to it that are not being thought of. Its a antibacterial, antifungal and antiviral. Silver can be used as a preservative in foods and liquids and is fantastic when it comes to helping the body heal, as it is used in better bandages and healing creams.
Its also the best conductor of heat and electricity known to man.
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@garysquirrelreviews You would need to be blind and deaf to not see that it is completely inevitable! USA is fucked. period. They where digging a hole and they decided to dig their way to china instead of getting out. The Bankters want them to collapse.
anyone want to get 1 oz silver Morgan rounds for free? Go to h t t p (colon) //silversnowball(dot)com/3897 and get some more info on how to do it!!!! Its a lot easier than you think!
Gold and Silver are truly amazing metals, so many space age technologies, electronics, and even medicines would not exist without gold and silver hence why they have real value. Most people think gold and silver are just valuable because they are pretty. In reality, theyre beauty only relays how much of an important function Gold and Silver play in technology and Socitey. Thats why Gold/silver which have scientific applications are worth more than a paper note which has no real life applications
I look around on the prices among well known companies.(NWT, APMEX, Kitko, etc, etc..) I've noticed MANY would cost us HIGH in total. MOST has minimum order like $1000.00 or 50 oz, plus some time S/H charge. Then depending on your payment method, your bank will also charge you their service fee. Today the spot price is about $43/oz. It would cost you about $60 / oz.in total. If you buy them from eBay or flea Market, got to watch out since so many Chinese fakes are going around.
Yeah, I got the question backward. I was trying at the time to learn whether it was worth the extra money to invest in SEs instead of the cheaper private rounds.
So the question should have been, "Would you rather have 25 privately minted rounds or 24 SEs?"
@NemesisPrime1989 100 is not enough...stack more....Also, friends don't let friends buy silver at retail. I can show you how to get an unlimited amount of silver at wholesale....(dealer cost)
if the USA goes bankrupt, you really think that the inflation of silver will still be there? Silver is also only worth what people think its worth. There is no intrinsic value of silver. While you might be able to actually use it in some form of industrial process, silver is also worth what an economy will pay for it. A collapsed economy will not pay anywhere near what they pay now for silver. Infact, silver is heavy and if we go to madmax, goodluck lugging your bars of silver around.
If their was a new Financial Institution in your area that offered their depositors, gold and silver bullion savings plans, referral rewards of up to $900, residual income on your referrals of up to 5.5% and gold and silvers bullion as small as a 1/2 gram so more people can afford to own, accumulate, own and control gold and silver, would you want to know about it? Then check out my site watch the 2 videos and contact me for more info,IT DOES NOT COST TO JOIN US
I enjoyed reading these comments. Some of these guys think this guys wrong. But he wrote this three years ago and since then silver doubled. History tells the tail. My advice, yeah silver and gold may help for a while, get right with God... He's comming.
Anyname666. The only thing I can say to you and anyone who has the sence to listen is that, I can wright 1$ on a piece of paper just as your government has, and it will always be worth 1$. The thing is the product you can bye with that dollar. A loaf of bread cost 2$ today and 125$ tomorrow. nothing you can do. But you still have your dollar.
As far as land you can own and it's yours, but if the dollar is worth nothing and the govn't wants you to pay $100,000.00 tax,,,,. Gold Silver 5000 yrs?
@ferrari4sale You can buy silver at the banks, or from some reputable sorces such as Kitco. You will pay a little more for coins or bullion, but it's really the only thing that will be worth anything if the IMF comes to collect. Realistically, after the holidaysm they could say that the dollar is now worth 1/2 of what it was in 2010. An investment of 100K, now worth 50K. What could you do. A small portion of investment can't hurt, and silver has never been worth 0$. May seem high now but!!!
Great to own gold and silver, but when times are tough, I'd rather have to paper bills so when the economy drops out, I'll at least have butt wipe to use. Thats much better than a cold coin to scrape the sphincter.
@gladedbThat's a good point about the paper being the better butt wipe. Butt consider this. Although the paper dollar might be more comfortable in the duration of existence. That thick coin will be there through thick and thin. Paper has tendency to decompose, metals have a certain staying power. The Silver Coin has my vote. Cheers.
METALS ARE TO PRESERVE YOUR WEALTH. I THINK YOU SHULD NOT LOOK AT IT TO MAKE A PROFIT. IF IT IS HIGH IN PRICE BUY IT. IF ITS LOW IN PRICE, BUY IT. IT DOESNT MATTER. EVEN IF ONLY A SMALL AMOUNT YOU BUY EACH YEAR, YOU COVER YOURSELF IN CASE ANYTHING HAPPENS. AND ITS NICE TO HAVE SOME "REAL" WEALTH ABOUT YOU!!!
@earbud83 It depends on what you mean by "profit." If you buy silver/gold and its value doubles because of inflation, you have technically made a profit in dollar terms. But your purchasing power remains the same, so it's also simple preservation of wealth.
I listened to Mike Maloney's and Robert Kiyosaki's advice on owning physical silver. Robert said: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
@LIVE5FAST1DIE0FUN As of this very second, silver is trading at $21.71 / ounce. If many financial experts are correct, it is soon to explode in price. You might be saying "I wish I bought silver at $21.71!" soon. Gold is now at $1,305.90, which is unreachable for many, so they'll flock to silver because it is cheaper.
And if the "dollar" keeps losing value, gold and silver might be the only actual money we have left.
Yea, thats looks to be the current trend. I've only been getting into investing in silver earlier in the year. So far just have a few bars and a lot of "junk US coins", which i'm thinking about exchanging for more silver bars.
its all moot cos what if the elite turn round when this big currency problem happens and says lets make apples the most expensive thing on the planet why carry a heavy bulky soft metal that only might look good as long as you polish it ,so apples are now the in thing ,it matter not what from the earth you attch value to its all still just and idea because theyre rare we think there precious but their not really its just a bit of metal a pretty bit but still not worth say a conscouis life
@reksub10 And how do you live without being able to feed your family and pay your land taxes. If an apple cost $50 gold will be @ $65,000 per once. Just as an apple is now $1 and gold is $1300 pr once. They cannot devalue gold. It is what paper money is based on. We have gone passed the US paying off the dept. You have to know thisby now.It is not gold to set yourself apart from the lower class. It will let you survive, buy seed, flour, salt. The changes you wish are coming but be prepared.
@apumasterp the same way people lived thousands of years ago before we placed a value on a metal .i agree that its convienient but i could feed my family if i grew food collected food and farmed food .only people have come to take from weaker people and told them i now own the land you grow your food on so you pay me now so instead of giving him a truck full of apples you can give him a hand full of gold .place an apple and gold in front of an elephant and see what it places value on
we all have become the victoms of jewish suppresion.american presidents come from jewish freemasonary and skull and bones. only islam liberates people from slavery of tyrants. islam forbades intrests , markup etc and propmotes gold standards of dirham and dinnar.20 dinar(gold)=200 dirham(silver).you all embrace islam .deny the jewish one eyed false god in bermuda triangle which is also seen in us dollor.beleive in only and only in one almighty allah.destroy the jews everywhere in usa and europe
What one might consider is to take your check to the bank and cash it in for the coins they have available and then trade those coins to companies that sell gold ans silver for pure silver and gold. Or, I guess just use the paper money. Or, you can go to coin collectors and find beaten up coins that have reduced intrinsic value, because even though they're worth less in a collectors eye, that metal is still worth a base value.
@chaseef Brilliant comment. Nothing more to say. You have taken time and attention away from a serious matter, reserched nothing, and wasted time. I send one more spark in your direction that you may think?
@chaseef It's great that you had the forsite to get your hands on the physical product. Iv'e done well on the metal markets but had not even thought of the benefits of having something in your hand. And your comment on the internet info is well taken. There is a lot of material that you have to take with a grain of salt or it's just a waste of time to read. I judged your comment as coming from someone much younger?
that what happen in Germany the money was worth not allot for one so you have to lots and is work out cheaper to burn money then use wood or coal in ww1 or ww2
problem is TRY to buy slver n most dealers want to give u the certificate that u "own" so much silver to how many others they have also sold the same amount of silve u will never know
The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value!
My gut says that the U.S. will establish a legal mandate that everybody turn in their precious metals to pay off the Chinese. This may be another facet of American transfer of wealth to China. Also, as Americans are taking money out of their local banks to buy metals, this will cause the smaller banks to collapse and JP Morgan and the other big banks will buy them out. These big banks are arms of the Fed. This will strengthen the Illuminati control grid. APMEX uses JP Morgan for cust. paym
Also, maybe the price is being manipulated downward to make not cost effective to mine which satisfies the Illuminati's desire to deindustrialize the west. Add to that the fact that so much of it is in the hands of private investors and the supply is practically non-existent! Get the picture?
You can be a speculator, which means buying it and waiting for th dollar value to increase.
Or you can find someone to trade for another commodity without going through paper ("I'll give you an ounce of gold for your 1986 Chevy Nova")
Now, the dollar is the standard unit of accounting, so we conduct transactions using that as our standard. But if the dollar should become unstable and change value very quickly, we would need a new unit of account.
I think that you are missing the big picture. The ultimate purpose of switching to precious metals is because the dollar is failing, along with other major world currencies. So you put your money into a precious metal, and should monetary systems start to fail, you would have you money safely invested in a transferable currency.
The reason that gold is going up, along with silver and palladium, is because the dollar is getting weaker
Oh, BTW, I reversed that question! I meant to ask whether in your opinion it would be better to have 24 ASEs or 25 privately minted silver rounds. I'm new to this silver thing, and I wondered if in the event of a currency collapse would it be hard to use private coinage as money. Any thoughts?
@urkingod also its not all about just getting the metals. your hedging inflation. then you can sell the metal for that worthless paper money then with that useless paper money you buy land. land is the real key. it absolutely is not produced. gold and silver are constantly rising so the longer you wait the higher the price goes and the more purchasing power for land.
@urkingod Paper/fiat money is good for transferring value from one place to another, and for making purchases. Silver (and gold) are good for preserving that value between purchases.
In recent history the value of a printed dollar has remained stable vs. the price of metals, and so the printed dollar was considered a store of value. This is a myth that seems to be ready to be dispelled by events unfolding today.
Reality is that Gold sat stagnate from 1980 until just 30 months ago while inflation blasted away from gold & gold fell against the dollar. That is to say if u had bought a house in 1980 & also purchased an equal amount of gold. & sold the house in today’s low market. U would be able to buy 8 times the gold today with the money from the sale of the house. In addition u received value from living in the house 30 years. But the gold is just the gold
@urkingod I hold precious metals against the inevitable collapse of our fiat currency (dollar). Before paper money (mid 1800's) a coin was worth exactly what it said - 10 cent, 5 dollars, etc. Congress frequently changed the size of coins for a rise or fall in metal prices.
The path to a debased currency has been repeated numerous times as nations coins slowly remove the precious metal from their currency. All the while we're told - trust me. Those who do not learn history are destined.
@urkingod The key is purchasing power. If you buy gold, it maintains it's purchasing power. Money does not. If you put $20,000 cash under your mattress, in 10 years it will buy you about 3/4 of what it used to buy you; as money gets created out of thin air, it loses it's value (classic supply & demand curves). You cannot create gold out of thin air. If you put a $20,000 worth of gold under your mattress, the purchasing power remains. so, trade it in for cash as you need it I guess.
@urkingod Its abou to survive Hyperinflation. When you buy 3 oz of Silver for 100$ you have after Hyperinflation 3 oz of silver. When you have 100$ you have basically nothing after Hyperinflation.
NOW Copper is very expensive now...If you don't believe me just go to Home depot or Lowes see how much for those 8 fts..huh??? Steel is dirt cheap and Cadmium in most rechargeable batterys.
Yeah they will start melting silver down well guess waht?; Werewolves are screwed..sounds like you have enough to take on an army of Werewolves. NO!- basics will be worth alot: food, water, alcohol, definitely medicine...basics..Gold and Silver be just like 100 dollar bill.
True it will go up -I agree God I wish I could buy Gold or Tungsten...Hell Aluminum especially 7000 series went skyrocketing during Iraq war 2004 --used for Armor....Yes I say be smart buy alot now; but sell quick too!--or you will be stuck with it..
Well don't know where you are but I travel to vendor who buys tons and tons from either ALCOA or good old Kaiser 6061-T6..Aircraft grade just like at your BIG Airports on those Airliners ..tons of it. 6000 series by pound 5000 series mostly used for boats.
The trouble with YouTube is that no one ever goes back and reads the older comments so you have to keep repeating yourself
The companies buying gold on TV only give you 60% of the melt value of the gold less expenses. So it does not matter to them if the price is up or down.
If u dont have a credit card in this country..u are...well... doin pretty shitty . u cant get a car, u cant get a bank account with any interest, nor can u start a business to propagate your homogeny, u are SHIT!! so y dont u get a discover card and just cut off ur balls, cuz thats whats gonna happen when they call u back and start repoing ur shit. (most) AMERIICANS ARE IDIOTS!!!!!
#2 Here is a startling hard to live with fact of life.
A. when you buy gold you get to use your paper money to buy the shiny metal. Fun huh??
B. When you sell the shiny metal for more, less or the same price guess what you get for the shiny metal. The same Fing paper you gave them to buy it in the first place..
GOOD GLORY.. can u people see whats happening.. i dont own any credit cards and im doin pretty good...not... im so depressed i can feel the hand takin over..they want u to want more.. more money, more possessions..more BUYING into the system so they can control ur actions. the only reason to have a cred card is to CHARGE your ACCOUNT more dbt so that u have to work off ur asperations, or ur WANTS. we dont need a BMW, or a PLASMA TV, or a toilet that says "yummy" when we take a shit in it....
here;s a comment...mr. anyname...the only reason that gold and silver are down is that the companies buying the people's "junk gold" control the media, economy, and banks, dictate the sudden drop in gold standards so they can buy it back at a deflated rate whilst the people are just standing there saying< " well....i need money to buy my new ass, so i can shit ." jeez WAKE UP!!! the only reason why gold is being thrown aound on commercials is because it attracts people, but the only.....
thing that attract people more than precious metals is MONOPOLY MONEY, (fake paper money), this paper is the only accepted form of trade in this country, thus the only thing that matters is paper, not gold. SO, if the people that PRODUCE this PROPAGANDA can benefit from stating that gold and silver are down, or that the AMERICAN DREAM is still attainable , they are effing CUNTS. the gold standard and backing went out when the fed'l res'v entered the BIG PICTURE!!!! WAKE UP!!!!!!!!!!!!!!!!!!!!
its pretty scary to think that all these commercials being ran on tv: "TRADE IN YOUR GOLD FOR MONEY", have people actually trading in their precious gold for worthless paper, these companies are probably being ran by the FED'L RESERVE, giving them more clout over the US economy
@ptdatnurpipensmkit All these cash for gold ads are making a mint. I am buying precious metals myself and am not trading it in come hell or high water. Getting ready for the crash.
@ptdatnurpipensmkit ....Yeah ....and when you've taken all your savings and invested in gold @ $1000 an ounce....maybe the gov't will make owning gold illegal again...and buy it back from you at 35 bucks. lol Your right, something smells bad.
@apumasterp ...Yeah....I think the poor house is on the horizon. lol The value of paper money is based on confidence, confidence that there are enough hard assets to back it. That confidence is starting to slide driving gold prices through the roof. When a mega large holder decides to go short, and dump...hold on to your hat. But then again..who knows?
Of course it's important to mention that all money or physical possessions are only worth what people assign to them. Gold is relatively limited and uninflatable, which makes it a stabler currency than unbacked paper monies. People buy gold because they want security, but even the security that gold can give is ultimately limited to demand.
As the kid in Empire of the Sun ultimately realized, "People will do anything for a potato".
Yes the expansion of the money supply has had an effect
BUT THE EFFECT IS MINIMAL
Inflation is still under 3 %
Back in the late 70s and early 80s it was out of control
The Gov put the interest rate so high no one could get their hands on any money and then with our buddy Regan things got back into control and inflation has not hurt anyone since.
2.5 % per year inflationary loss on savings is minimal
The gov't stopped publishing the M3 in 2006 (when the money supply increased by 8%) which is the measure of how much currency is 'out there.' According to John Williams, the money supply increased by 18% in 2008. That's a loss of 18% of a person's savings in one year, the CPI hasn't adjusted for that yet, but the adjustments always come in the form of sudden crashes. Do you really think that things are as bad as they are going to get?
@anyname666: Isn't the effect of expanding the money supply minimal because the money has not made it into hands of the consumers? What will happen when banks start lending out the expanded supply of money to the public? I think massive inflation will result.
@SevereTstormFan Part 2 of 2 Once the lease expensive product is on the market profit is made and the laborer grows uneasy. Unions demand more. Price of production goes up Price of product goes up Percentage of income to purchase the product increases Less effective net income Demand for more wages Increase in product price Less effective income More wage demand Higher prices More demand And on and on
When money is plentiful and easy to get ~ everybody begins to produce product. This puts a demand on labor & labor then demands more, under the guise of ``you are making billions and we want a piece of the action``
Labor is the key
Adam Smith dictates that the price of any product will reach equilibrium after a few battles with the competition. Each producer struggling to provide the least expensive product
Think about it. If you owe $100,000 on your $200,000 Rental (or home) and inflation is 100% in one year then your home is now worth $400,000 but you still only owe only $100,000 which is paid off twice as easily and the rents are now double.
but I keep telling you the 2.5% is due to labor and your neighbor asking for more money for the same work on the same material producing the same product.
After 25 years the government must have run out of cherries to pick
And thanks for noticing that Housing (known as Real Estate) has stayed ahead of inflation and is actually about 7.2% per year for at least the past 60 years.
@anyname666 the 2.5% is not due to increase in labour cost, cost of labour increase is due to increase in cost of living across the board which is rooted in the inflation of this credit based money. That's pretty obvious - if the value of money in real terms decreases then anyone relying on a fixed income will have to increase that income to keep the same way of life.
Why did you bite him ~ cuz he kicked me ~ why did you kick him ~cuz he bit me~ why did you bite him ~ cuz he clicked me
Inflation ultimately happens because the cost of Labor goes UP. Then the cost of the product must go up and there you have inflation. Sand from the all the beaches in the world is free. The cost to haul it to the glass foundry increases when the truck drivers want more. The cost to process the sand into refined silicone then to glass goes up with labor ~ inflation
That is false. The central bank and the federal government cherry pick the numbers and call it the core CPI, which has been steady about 2.5% since the seventies. The real number, when you include housing and energy costs, is between 4 and 8 depending on who you ask.
And even if it is 2.5%, how does it feel to have 2.5% of your savings stolen from you each year?
And having a paper currency that is not weighted to a commodity makes it worse, because the people in charge of the money can print large amounts of it at will.
That can only occur if there is a shortage of labor. If the coal mine owners can find workers to replace the strikers for less money, then they will, and they will fire the miners on strike.
When the labor requires a skill that not everyone has, they can demand more money because of supply and demand and they have every right to bargain collectively.
A strike is only immoral when the strikers are unskilled and use violence to prevent other workers from taking their place.
U SAID Dollars do not translate into Labor. U said dollars translate in to the product that is produced by the labor. And therefore people do not get paid for their labor but for the product they produce. DID YOU or DID YOU NOT say that????? Just look down a few comments.
Service providers do not produce a product. They only provide service which is LABOR
You were WRONG about conductivity and you are WRONG about labor vs product
"U said dollars translate in to the product that is produced by the labor." I did not say that.
"they translate into the value of what is produced by the labor."
"what is produced" can be a good or a service, produced by work. Should I say result instead of product? The result of the work that one does is what determines how much one receives for one's time. And once one has earned an item in exchange for their work, they want to store their wealth in a stable medium, like a precious metal.
The very start of the great debate between the haves & the have nots. The rich & the poor. The labourers & the conservatives. The blue & the white collar
The coal miner gets paid not because he is a human but because he labored in the mine. He is paid for his labor & that is it. No labor no pay
As fair as it may be or not be~the IT Tech & the Doctor r paid more for their labor because like gold their labor is worth more MD's produce nothing
The doctor doesn't get paid because he is a human either, he gets paid more because the fruits of his labor are more valuable than than the fruits of the labor of a coal miner.
It's about supply and demand, there are fewer people capable of being doctors than there are people capable of being laborers, so they are in a position to demand more money.
You think people should get paid just for being alive?
A person who works in a coal mine does a lot more labor than an IT technician, but makes less money, so dollars do not translate into labor, they translate into the value of what is produced by the labor.
Everything u have said about gold goes for copper or lead
The feds can`t print any more lead
GOLD IS NOT MONEY
Gold is a commodity, that happens to be stable & desirable. Therefore a demand.
A man goes to work & at the end of the week gets his pay in Dollars, then trades the dollars for Gold. In a while he decides to SELL the gold for some MONEY (Fed notes)
Since the price of gold is not FIXED it is an unreliable commodity in which to store your money. It might go up but it might go down
You may be accustomed to using dollars as money, because in our society, dollars are the common media of exchange. You are correct that gold is not money, but it could be if people started accepting it. The same goes for copper and whiskey and any other commodity with the properties that make for a convenient unit of account.
The value of gold might go down, but it will never reach zero. The same cannot be said for paper currencies, which as history shows, never last.
Howard: `A 1,000 men, say, go searching for gold. After 6 months, one of 'em is lucky~ out of the 1,000. His find represents not only his own labor but that of 999 others to boot. That's uh, 6,000months or 500 years scrabbling over mountains, going hungry & thirsty. An ounce of gold, mister, is worth what it is because of the human labor that went into the finding & the getting of it.`
Men labor to produce something of value, like a gold nugget or a bushel of apples. But a bushel of apples will spoil, so he trades the bushel for a gold coin to preserve his wealth which came by way of his labor.
If I trade my labor for a twenty dollar bill, and then the FED doubles the money supply, I just had half of my wealth, which I labored for, stolen from me. With gold, that cant happen because to increase the gold supply requires an equal input of labor.
Wampum BTW is a sting of beads. The beads are hand made.
First someone goes out into the desert and digs until he finds blue turquoise
Once he finds it he spends hours chipping away the rock that surrounds it.
Then he takes what is left over and carves it into small pieces and drills a hole in each piece. Then the pieces are put on a string and raked across another stone until each piece is round and uniform. The bluer, more round, more uniform & more smooth~the more the value. ALL LABOR
So u do understand then that MONEY is the certificate that represents a value.
That value by the way is LABOR. Since u can not dig it out of the ground the only way to get money is to sell something you already have or WORK for it with your labor
All certificates are fiat. Even if they are GOLD certificates they themselves are in actuality fiat. When you write a check (certificate) some merchants will take it and some will not. All merchants will take a $20 bill. as it represents your labor
When I say fiat, I mean that it cannot be exchanged for the good it is supposed to represent.
Your notion that money is the certificate that represents a good is wrong. Money is any medium of exchange. A copper penny, pieces of eight, or wampum beads, whatever people use to trade is Money.
As I said before, a good currency needs to be standardized. A mint makes coins of consistent quality that are difficult to counterfeit for that very reason. I wouldn't trust a coin made in someone's garage.
Any body in any country on earth can go dig for gold. Once they find some grains they can take them and sell them for some MONEY but they can not take them into the local Market and get a loaf of bread.
Such a situation might happen in a movie but not on earth as a reality.
What's taken out of the Earth is not pure, once it has been purified and standardized, any intelligent shopkeeper (of an independent business that is) would accept gold/silver if he knew what it was worth.
Whiskey used to be used as money is in the Southeast US. You don't have to fix the price of a metal to use it has money, money is any medium of exchange accepted by a community. A community agrees on a common item to make trade more convenient, but it is still the Barter System.
Mr. Murphy I can see that u r not real stupid &actually get the basics of most of what u are saying. Perhaps u and I r only arguing SEMANTICS.
When whisky was used to trade for goods it was not MONEY it was part of a barter. There were no shops that had signage stating that they sold a loaf of bread for 3 shots of whisky. A gallon of gas or any other product for any amount of whisky. Whisky had value because people wanted it, just like gold you may as well have said whisky was money.
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CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
kopellhinex 3 months ago
$12/oz.....wish I could get it that cheap now....at current $30 price level, it's still very much a bargain.
ibvocean 3 months ago
I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.
123THERollyboy 3 months ago
I understand what you are saying, the dime is real, you can take it to the grocery and purchase food with it, even if the dollar is worthless. How would you buy a gallon of milk with a silver ingot? Break part of it off? Melt it down? To what sizes? A gold bar would have the same trouble, I'm more into a barter type system, if things get that tight, I can trade 22 shells or shotgun shells far easier, people will need them for hunting food and also defense, something to think about.
flamingoefarms 3 months ago
@flamingoefarms Ill give you 35 dollars in worthless fiat for your ounce of silver anyday, anytime.
Silver has many qualities to it that are not being thought of. Its a antibacterial, antifungal and antiviral. Silver can be used as a preservative in foods and liquids and is fantastic when it comes to helping the body heal, as it is used in better bandages and healing creams.
Its also the best conductor of heat and electricity known to man.
More things to think about.
MadCanada597 3 months ago
@MadCanada597 And in vehicles. And electronics. And solar panels.
FortitudeOfHeaven 3 months ago
Wow! Are you thinking about buying Gold & Silver to build your families assets? Stop!! Don't Get Scammed.. See this first..CoinsWealthSolution(dot)com
VisionaryNetworker 4 months ago
It looks like your camera's from 1945 too.
arobbie1997 5 months ago
Wish i saw this video back in 2007, i would have spend around 5k on silver at 4-5$ an oz.
Now days,,, i only have 200 ounces and growing.... and 3k 7.62X39 ;)
TheTrueJBV3737 6 months ago
@TheTrueJBV3737 better now than when it hits $75
im in the uk and am paying $45 converted into £
garysquirrelreviews 6 months ago
@garysquirrelreviews when it hits 75$? lol... 750$ isn't even realistic.
Do you know how much Zimbabwe currency it takes to buy 1 ounce of silver?
TheTrueJBV3737 6 months ago
@TheTrueJBV3737 do you think the US will go into hyperinflation. you said $750 silver?
thank god iv started stacking
garysquirrelreviews 6 months ago
@garysquirrelreviews You would need to be blind and deaf to not see that it is completely inevitable! USA is fucked. period. They where digging a hole and they decided to dig their way to china instead of getting out. The Bankters want them to collapse.
TheTrueJBV3737 6 months ago
ughhhh why couldn't i have watched this in 2007!?!? $38 per ounce now and I'm buying!
dde0485 6 months ago
@dde0485 Man you are going to look back at silver five years from now and $38/oz is going to look cheap as hell!!
hathigmonorow 5 months ago
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1XMarksSpot 6 months ago
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1XMarksSpot 6 months ago
38$ (:
Nathan21122012 8 months ago
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anyone want to get 1 oz silver Morgan rounds for free? Go to h t t p (colon) //silversnowball(dot)com/3897 and get some more info on how to do it!!!! Its a lot easier than you think!
frankiegmh 8 months ago
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Where did you buy the silver?
Francisco9192 8 months ago
Where did you buy the sulver?
Francisco9192 8 months ago
Gold and Silver are truly amazing metals, so many space age technologies, electronics, and even medicines would not exist without gold and silver hence why they have real value. Most people think gold and silver are just valuable because they are pretty. In reality, theyre beauty only relays how much of an important function Gold and Silver play in technology and Socitey. Thats why Gold/silver which have scientific applications are worth more than a paper note which has no real life applications
Tneisnart 9 months ago
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Check out my new GOT SILVER? shirts on Ebay
GotSilver100 9 months ago
I look around on the prices among well known companies.(NWT, APMEX, Kitko, etc, etc..) I've noticed MANY would cost us HIGH in total. MOST has minimum order like $1000.00 or 50 oz, plus some time S/H charge. Then depending on your payment method, your bank will also charge you their service fee. Today the spot price is about $43/oz. It would cost you about $60 / oz.in total. If you buy them from eBay or flea Market, got to watch out since so many Chinese fakes are going around.
urkingod 9 months ago
Yeah, I got the question backward. I was trying at the time to learn whether it was worth the extra money to invest in SEs instead of the cheaper private rounds.
So the question should have been, "Would you rather have 25 privately minted rounds or 24 SEs?"
JesusDillinger 9 months ago
Thanks For the Post !!
MrSilverPieces 9 months ago
Wow 13 bucks for the one ounce of silver? I hope you bought tons of that stuff 4 years ago.
ZZMann33 11 months ago
I wish I starting purchasing Silver back in 2007. I only started in late 2010 and silver has more than doubled since then.
I got 17 Silver Eagles to my name and I'm not stopping until I get to 100 ounces of Silver minimum.
NemesisPrime1989 11 months ago
@NemesisPrime1989 100 is not enough...stack more....Also, friends don't let friends buy silver at retail. I can show you how to get an unlimited amount of silver at wholesale....(dealer cost)
kylextown24 10 months ago
focus dude focus!!
evanpg 11 months ago
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Ron Paul 2012 ! ^^
ToxinalX 11 months ago
silver is around $29 today. i should have listened sooner.
JohnnyHorton 11 months ago
@JohnnyHorton 35 dude!!!
KeshaIsHot808 10 months ago
Crazy stuff, loads of links on my channel about all this. I've looking into it for years. Thanks for sharing.
Kev.
Links on my channel to become a gold agent.
westmidsgold 1 year ago
if the USA goes bankrupt, you really think that the inflation of silver will still be there? Silver is also only worth what people think its worth. There is no intrinsic value of silver. While you might be able to actually use it in some form of industrial process, silver is also worth what an economy will pay for it. A collapsed economy will not pay anywhere near what they pay now for silver. Infact, silver is heavy and if we go to madmax, goodluck lugging your bars of silver around.
bdhcarbon 1 year ago
@bdhcarbon I feel that. every word.
SANTANA1deep 10 months ago
That one ounce bar is now worth $28. You're laughing.
Esoparagon 1 year ago
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fergsbiz 1 year ago
Gold and silver were used waaaaay before the dollar and will be waaaaay after the dollar.
woodlandcammo27 1 year ago
i like barefoot videos.
LoserMillionaire 1 year ago
I enjoyed reading these comments. Some of these guys think this guys wrong. But he wrote this three years ago and since then silver doubled. History tells the tail. My advice, yeah silver and gold may help for a while, get right with God... He's comming.
Chrdrummer 1 year ago
Paper money = The ghost of money and not money itself
dpman72 1 year ago
Anyname666. The only thing I can say to you and anyone who has the sence to listen is that, I can wright 1$ on a piece of paper just as your government has, and it will always be worth 1$. The thing is the product you can bye with that dollar. A loaf of bread cost 2$ today and 125$ tomorrow. nothing you can do. But you still have your dollar.
As far as land you can own and it's yours, but if the dollar is worth nothing and the govn't wants you to pay $100,000.00 tax,,,,. Gold Silver 5000 yrs?
apumasterp 1 year ago
Aweso
E
maidenamerica814 1 year ago
I wish silver was still that cheap
pep1player 1 year ago
If you buy 100lb of silvers where do you store it? Where do you buy silver in California.
ferrari4sale 1 year ago
@ferrari4sale You can buy silver at the banks, or from some reputable sorces such as Kitco. You will pay a little more for coins or bullion, but it's really the only thing that will be worth anything if the IMF comes to collect. Realistically, after the holidaysm they could say that the dollar is now worth 1/2 of what it was in 2010. An investment of 100K, now worth 50K. What could you do. A small portion of investment can't hurt, and silver has never been worth 0$. May seem high now but!!!
apumasterp 1 year ago
Comment removed
ferrari4sale 1 year ago
Thats when I started buying at $12 my silver has doubled in 3 years not bad
sljs1010 1 year ago
You cannot destroy you own money, That`s unlawful!
xmoroseguyx 1 year ago
damn doing good today man almost 26$ my local coin store is selling troy oz for 30 i wish i had jumped in back at 13$
drinkmoresoda 1 year ago
Great to own gold and silver, but when times are tough, I'd rather have to paper bills so when the economy drops out, I'll at least have butt wipe to use. Thats much better than a cold coin to scrape the sphincter.
gladedb 1 year ago
@gladedbThat's a good point about the paper being the better butt wipe. Butt consider this. Although the paper dollar might be more comfortable in the duration of existence. That thick coin will be there through thick and thin. Paper has tendency to decompose, metals have a certain staying power. The Silver Coin has my vote. Cheers.
LibertiesDefender 1 year ago
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Hey guys, take a look at my site to see the best silver investment opportunity: silversaverinvest at wordpress
czhao9089 1 year ago
you sound pretty young daniel but youve got alot of wisdom when it comes to silver.
Its good to see that the youth arent lost when it comes to important economic survival topics.
well done.
Kroenen117 1 year ago
METALS ARE TO PRESERVE YOUR WEALTH. I THINK YOU SHULD NOT LOOK AT IT TO MAKE A PROFIT. IF IT IS HIGH IN PRICE BUY IT. IF ITS LOW IN PRICE, BUY IT. IT DOESNT MATTER. EVEN IF ONLY A SMALL AMOUNT YOU BUY EACH YEAR, YOU COVER YOURSELF IN CASE ANYTHING HAPPENS. AND ITS NICE TO HAVE SOME "REAL" WEALTH ABOUT YOU!!!
earbud83 1 year ago
@earbud83 It depends on what you mean by "profit." If you buy silver/gold and its value doubles because of inflation, you have technically made a profit in dollar terms. But your purchasing power remains the same, so it's also simple preservation of wealth.
ATL45 1 year ago
Food is more valuable than coins.
Flesketbrinner 1 year ago
I listened to Mike Maloney's and Robert Kiyosaki's advice on owning physical silver. Robert said: "I believe this is the biggest investment anyone can make in the next 100yrs" I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did.... Visit: goldsave.co/
ManufactureBelief 1 year ago
man i wish i would've bought loads of silver back then when it was at $12
LIVE5FAST1DIE0FUN 1 year ago
@LIVE5FAST1DIE0FUN As of this very second, silver is trading at $21.71 / ounce. If many financial experts are correct, it is soon to explode in price. You might be saying "I wish I bought silver at $21.71!" soon. Gold is now at $1,305.90, which is unreachable for many, so they'll flock to silver because it is cheaper.
And if the "dollar" keeps losing value, gold and silver might be the only actual money we have left.
Rayven10 1 year ago
@Rayven10
Yea, thats looks to be the current trend. I've only been getting into investing in silver earlier in the year. So far just have a few bars and a lot of "junk US coins", which i'm thinking about exchanging for more silver bars.
LIVE5FAST1DIE0FUN 1 year ago
its all moot cos what if the elite turn round when this big currency problem happens and says lets make apples the most expensive thing on the planet why carry a heavy bulky soft metal that only might look good as long as you polish it ,so apples are now the in thing ,it matter not what from the earth you attch value to its all still just and idea because theyre rare we think there precious but their not really its just a bit of metal a pretty bit but still not worth say a conscouis life
reksub10 1 year ago
@reksub10 And how do you live without being able to feed your family and pay your land taxes. If an apple cost $50 gold will be @ $65,000 per once. Just as an apple is now $1 and gold is $1300 pr once. They cannot devalue gold. It is what paper money is based on. We have gone passed the US paying off the dept. You have to know thisby now.It is not gold to set yourself apart from the lower class. It will let you survive, buy seed, flour, salt. The changes you wish are coming but be prepared.
apumasterp 1 year ago
@apumasterp the same way people lived thousands of years ago before we placed a value on a metal .i agree that its convienient but i could feed my family if i grew food collected food and farmed food .only people have come to take from weaker people and told them i now own the land you grow your food on so you pay me now so instead of giving him a truck full of apples you can give him a hand full of gold .place an apple and gold in front of an elephant and see what it places value on
reksub10 1 year ago
Good video! Very informative!
iam4u2cl8er 1 year ago
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we all have become the victoms of jewish suppresion.american presidents come from jewish freemasonary and skull and bones. only islam liberates people from slavery of tyrants. islam forbades intrests , markup etc and propmotes gold standards of dirham and dinnar.20 dinar(gold)=200 dirham(silver).you all embrace islam .deny the jewish one eyed false god in bermuda triangle which is also seen in us dollor.beleive in only and only in one almighty allah.destroy the jews everywhere in usa and europe
aamirabdulsalam 1 year ago
Awesome for you being able to get started earlier investing in silver. I just started this year.
da1cbiz 1 year ago
lmao back then it was how much? did he say 12 bucks? its like 22 now...
bobjoemagee 1 year ago
glad i saved silver coins:}
cooldog61593 1 year ago
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if you need silver let me know, i'll give you the info. its a very good investment
lobsterbale 1 year ago
lol the 4th thing looks like a mr t with a dog snout lmao! xD
sasukedemon888888888 1 year ago
What one might consider is to take your check to the bank and cash it in for the coins they have available and then trade those coins to companies that sell gold ans silver for pure silver and gold. Or, I guess just use the paper money. Or, you can go to coin collectors and find beaten up coins that have reduced intrinsic value, because even though they're worth less in a collectors eye, that metal is still worth a base value.
Cstrife234 1 year ago
I'll gladly take all of your worthless $1 bills!
jjay801 1 year ago
i wish it was still 12.70/oz LOL
ForTehNguyen 1 year ago
Euro=Worthless
Dollar = More worthless
Gold and Silver are the only things with intrinsic value.
Use lead to protect your gold cap those that try and take it.
ArcyTheFurryArcanine 1 year ago
@ArcyTheFurryArcanine haha, or steel.
Cstrife234 1 year ago
Our GOLD and SILVER Coins Will Pay Your BILLS!!!
JUST Add Me On Facebook ("Danny Noorian") And i'll Gladly Give You More Info!!!
DannyNoorian 1 year ago
I pushed ctrl+alt+a+g and a 1 oz silver maple came out of my cd drive!
chaseef 1 year ago
@chaseef Brilliant comment. Nothing more to say. You have taken time and attention away from a serious matter, reserched nothing, and wasted time. I send one more spark in your direction that you may think?
apumasterp 1 year ago
@apumasterp
lol son, ive been stacking silver for years. Have a sense of humour.
By the way, watching bullshit youtube videos doesnt constitute "research".
chaseef 1 year ago
@chaseef It's great that you had the forsite to get your hands on the physical product. Iv'e done well on the metal markets but had not even thought of the benefits of having something in your hand. And your comment on the internet info is well taken. There is a lot of material that you have to take with a grain of salt or it's just a waste of time to read. I judged your comment as coming from someone much younger?
apumasterp 1 year ago
Watch: "Investor Watch" for expert advice on gold and commodity investing. You can find Investor Watch on EvenKeelMedia 's channel
EvenKeelMedia 1 year ago
Basically things of actual value don't lose value if the government does something retarded.
SPYK3O 1 year ago
that what happen in Germany the money was worth not allot for one so you have to lots and is work out cheaper to burn money then use wood or coal in ww1 or ww2
matthewjv12345 1 year ago
problem is TRY to buy slver n most dealers want to give u the certificate that u "own" so much silver to how many others they have also sold the same amount of silve u will never know
polygamous1 1 year ago
Good video. Wish it were higher quality though...
AngryPenguin27 1 year ago
so you're trying to tell me all these "greenbacks" i have are eventually gonna be good for nothing but wiping my ass with??
HARDMANALIVE 1 year ago
Yes
mattyoz0 1 year ago
great vid
OGdank13 1 year ago
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The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value!
Heidelager 1 year ago
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My gut says that the U.S. will establish a legal mandate that everybody turn in their precious metals to pay off the Chinese. This may be another facet of American transfer of wealth to China. Also, as Americans are taking money out of their local banks to buy metals, this will cause the smaller banks to collapse and JP Morgan and the other big banks will buy them out. These big banks are arms of the Fed. This will strengthen the Illuminati control grid. APMEX uses JP Morgan for cust. paym
MORCOPOLO0817 1 year ago
Also, maybe the price is being manipulated downward to make not cost effective to mine which satisfies the Illuminati's desire to deindustrialize the west. Add to that the fact that so much of it is in the hands of private investors and the supply is practically non-existent! Get the picture?
MORCOPOLO0817 1 year ago
OK, what do you do once you obtain physical metals?
Hold on to them as long as you can ? then what?
Would you sell it back to fake (paper/ink) money in time? Then what ?
urkingod 1 year ago
@urkingod
You can be a speculator, which means buying it and waiting for th dollar value to increase.
Or you can find someone to trade for another commodity without going through paper ("I'll give you an ounce of gold for your 1986 Chevy Nova")
Now, the dollar is the standard unit of accounting, so we conduct transactions using that as our standard. But if the dollar should become unstable and change value very quickly, we would need a new unit of account.
DanielMurphy007 1 year ago 17
@DanielMurphy007
I think that you are missing the big picture. The ultimate purpose of switching to precious metals is because the dollar is failing, along with other major world currencies. So you put your money into a precious metal, and should monetary systems start to fail, you would have you money safely invested in a transferable currency.
The reason that gold is going up, along with silver and palladium, is because the dollar is getting weaker
maccarrooon 1 year ago
Comment removed
JesusDillinger 1 year ago
@JesusDillinger
When gold was worth $500 dollars I would have taken that deal! Nowadays...
DanielMurphy007 1 year ago
@DanielMurphy007
lol
Oh, BTW, I reversed that question! I meant to ask whether in your opinion it would be better to have 24 ASEs or 25 privately minted silver rounds. I'm new to this silver thing, and I wondered if in the event of a currency collapse would it be hard to use private coinage as money. Any thoughts?
JesusDillinger 1 year ago
@JesusDillinger
When gold was worth $500 dollars I would have taken that deal! Nowadays...
DanielMurphy007 1 year ago
@JesusDillinger You mean with the same amount of fiat? 25 oz of silver eagles, because that's more silver than 24 oz of privately minted rounds.
DominateKiller6 9 months ago
You hold it till SHTF and use it in exchange for food and ammo.
Earlykhyler 1 year ago
@urkingod also its not all about just getting the metals. your hedging inflation. then you can sell the metal for that worthless paper money then with that useless paper money you buy land. land is the real key. it absolutely is not produced. gold and silver are constantly rising so the longer you wait the higher the price goes and the more purchasing power for land.
berryjs140 1 year ago
@urkingod Paper/fiat money is good for transferring value from one place to another, and for making purchases. Silver (and gold) are good for preserving that value between purchases.
In recent history the value of a printed dollar has remained stable vs. the price of metals, and so the printed dollar was considered a store of value. This is a myth that seems to be ready to be dispelled by events unfolding today.
theduke460 1 year ago
@theduke460
Could u be a little more clear?
Reality is that Gold sat stagnate from 1980 until just 30 months ago while inflation blasted away from gold & gold fell against the dollar. That is to say if u had bought a house in 1980 & also purchased an equal amount of gold. & sold the house in today’s low market. U would be able to buy 8 times the gold today with the money from the sale of the house. In addition u received value from living in the house 30 years. But the gold is just the gold
anyname666 1 year ago
@urkingod I hold precious metals against the inevitable collapse of our fiat currency (dollar). Before paper money (mid 1800's) a coin was worth exactly what it said - 10 cent, 5 dollars, etc. Congress frequently changed the size of coins for a rise or fall in metal prices.
The path to a debased currency has been repeated numerous times as nations coins slowly remove the precious metal from their currency. All the while we're told - trust me. Those who do not learn history are destined.
smb12321 1 year ago
@urkingod The key is purchasing power. If you buy gold, it maintains it's purchasing power. Money does not. If you put $20,000 cash under your mattress, in 10 years it will buy you about 3/4 of what it used to buy you; as money gets created out of thin air, it loses it's value (classic supply & demand curves). You cannot create gold out of thin air. If you put a $20,000 worth of gold under your mattress, the purchasing power remains. so, trade it in for cash as you need it I guess.
Bawbster1 1 year ago 2
@urkingod Its abou to survive Hyperinflation. When you buy 3 oz of Silver for 100$ you have after Hyperinflation 3 oz of silver. When you have 100$ you have basically nothing after Hyperinflation.
Notizbloc 11 months ago
@urkingod Hang on to it dude. If the whole thing falls apart you'll still have value.
pauldonovan08 9 months ago
NOW Copper is very expensive now...If you don't believe me just go to Home depot or Lowes see how much for those 8 fts..huh??? Steel is dirt cheap and Cadmium in most rechargeable batterys.
deltaalpha21074 1 year ago
If the government goes bankrupt, I want STEEL, as in a saber. He who has the steel makes the rules.
tallswede68 1 year ago
OK you carry a saber while all other blowing each other away with guns...? I want land to live on and protect ....
deltaalpha21074 1 year ago
Just wait till people run out of bullets.
tallswede68 1 year ago
Yeah they will start melting silver down well guess waht?; Werewolves are screwed..sounds like you have enough to take on an army of Werewolves. NO!- basics will be worth alot: food, water, alcohol, definitely medicine...basics..Gold and Silver be just like 100 dollar bill.
deltaalpha21074 1 year ago
Silver will go up because it is needed in industrial markets like technology. There is a limited amount.
jingling30 1 year ago
True it will go up -I agree God I wish I could buy Gold or Tungsten...Hell Aluminum especially 7000 series went skyrocketing during Iraq war 2004 --used for Armor....Yes I say be smart buy alot now; but sell quick too!--or you will be stuck with it..
deltaalpha21074 1 year ago
@deltaalpha21074 How do you buy Aluminum? Or, what's the best way?
jingling30 1 year ago
Well don't know where you are but I travel to vendor who buys tons and tons from either ALCOA or good old Kaiser 6061-T6..Aircraft grade just like at your BIG Airports on those Airliners ..tons of it. 6000 series by pound 5000 series mostly used for boats.
deltaalpha21074 1 year ago
@tallswede68 No, no, no. You got it all wrong. Who fights with swords? He has the BRASS has the power as in bullets.
oxelrondxo 1 year ago
@ptdatnurdumbkit
#1.
The trouble with YouTube is that no one ever goes back and reads the older comments so you have to keep repeating yourself
The companies buying gold on TV only give you 60% of the melt value of the gold less expenses. So it does not matter to them if the price is up or down.
GET IT
anyname666 1 year ago
YEA I WAS PRETTY DRUNK LAST NITE ...
SORRY just felt like going on a personal tirade, but i still mean most of what i said nothing towards u
ptdatnurpipensmkit 1 year ago
ptdatnurpipensmkit
well good luck in your life
don't drink or smoke too much as it clouds your thought process and hampers your ability to move forward to a better life
being loaded feels good but it isn`t better
later dude
anyname666 1 year ago
If u dont have a credit card in this country..u are...well... doin pretty shitty . u cant get a car, u cant get a bank account with any interest, nor can u start a business to propagate your homogeny, u are SHIT!! so y dont u get a discover card and just cut off ur balls, cuz thats whats gonna happen when they call u back and start repoing ur shit. (most) AMERIICANS ARE IDIOTS!!!!!
ptdatnurpipensmkit 1 year ago
@ptdatnurpipensmkit
#2 Here is a startling hard to live with fact of life.
A. when you buy gold you get to use your paper money to buy the shiny metal. Fun huh??
B. When you sell the shiny metal for more, less or the same price guess what you get for the shiny metal. The same Fing paper you gave them to buy it in the first place..
GET IT
Fish and other living things like shiny metal
anyname666 1 year ago
GOOD GLORY.. can u people see whats happening.. i dont own any credit cards and im doin pretty good...not... im so depressed i can feel the hand takin over..they want u to want more.. more money, more possessions..more BUYING into the system so they can control ur actions. the only reason to have a cred card is to CHARGE your ACCOUNT more dbt so that u have to work off ur asperations, or ur WANTS. we dont need a BMW, or a PLASMA TV, or a toilet that says "yummy" when we take a shit in it....
ptdatnurpipensmkit 1 year ago
Funny thing Dan
Now that GOLD is down from $1,212 in Dec. 2009 to $1,065 today 2-7-2010
I can not get anyone to BEAT UP ON ME in these commenet boxes! ! !
I have sent out about 20 youtube comments and NO ONE and I mean NO ONE has come back with a SMARTY PANTS comment.
really and truly I hope you are not overyly invested in metal.
buy a rental - pay cash - collect rent
don`t even pay any attention to gold unless one of your tenants wants to pay you in gold.
good luck
anyname666 1 year ago
here;s a comment...mr. anyname...the only reason that gold and silver are down is that the companies buying the people's "junk gold" control the media, economy, and banks, dictate the sudden drop in gold standards so they can buy it back at a deflated rate whilst the people are just standing there saying< " well....i need money to buy my new ass, so i can shit ." jeez WAKE UP!!! the only reason why gold is being thrown aound on commercials is because it attracts people, but the only.....
ptdatnurpipensmkit 1 year ago
thing that attract people more than precious metals is MONOPOLY MONEY, (fake paper money), this paper is the only accepted form of trade in this country, thus the only thing that matters is paper, not gold. SO, if the people that PRODUCE this PROPAGANDA can benefit from stating that gold and silver are down, or that the AMERICAN DREAM is still attainable , they are effing CUNTS. the gold standard and backing went out when the fed'l res'v entered the BIG PICTURE!!!! WAKE UP!!!!!!!!!!!!!!!!!!!!
ptdatnurpipensmkit 1 year ago
What happened 2-4-2010
Gold Down
Silver Down
DOLLAR UP
Dow under $10,000
anyname666 2 years ago
its pretty scary to think that all these commercials being ran on tv: "TRADE IN YOUR GOLD FOR MONEY", have people actually trading in their precious gold for worthless paper, these companies are probably being ran by the FED'L RESERVE, giving them more clout over the US economy
ptdatnurpipensmkit 2 years ago
All you conspiracy guys need to go back to 1981 and pull out a copy of the movie ROLLOVER with Kris Kristofferson and Jane Fonda
The end of the movie there is worldwide panic and rioting as people discover all of their money is now worthless.
Actually it is a good flick (far fetched but good)
anyname666 2 years ago
@ptdatnurpipensmkit All these cash for gold ads are making a mint. I am buying precious metals myself and am not trading it in come hell or high water. Getting ready for the crash.
MiddletownDreamz 2 years ago
you may be just in the nick of time
gold has crahshed 150 points in a month
good luck
anyname666 2 years ago
@ptdatnurpipensmkit ....Yeah ....and when you've taken all your savings and invested in gold @ $1000 an ounce....maybe the gov't will make owning gold illegal again...and buy it back from you at 35 bucks. lol Your right, something smells bad.
vachief 1 year ago
@vachief Ask yourself why the govn't would do that, and you will have the answer your seek.
apumasterp 1 year ago
@apumasterp ...Yeah....I think the poor house is on the horizon. lol The value of paper money is based on confidence, confidence that there are enough hard assets to back it. That confidence is starting to slide driving gold prices through the roof. When a mega large holder decides to go short, and dump...hold on to your hat. But then again..who knows?
vachief 1 year ago
Of course it's important to mention that all money or physical possessions are only worth what people assign to them. Gold is relatively limited and uninflatable, which makes it a stabler currency than unbacked paper monies. People buy gold because they want security, but even the security that gold can give is ultimately limited to demand.
As the kid in Empire of the Sun ultimately realized, "People will do anything for a potato".
May we live in a future full of potatoes.
Hibryd7 2 years ago
Dan
Yes the expansion of the money supply has had an effect
BUT THE EFFECT IS MINIMAL
Inflation is still under 3 %
Back in the late 70s and early 80s it was out of control
The Gov put the interest rate so high no one could get their hands on any money and then with our buddy Regan things got back into control and inflation has not hurt anyone since.
2.5 % per year inflationary loss on savings is minimal
anyname666 2 years ago
The gov't stopped publishing the M3 in 2006 (when the money supply increased by 8%) which is the measure of how much currency is 'out there.' According to John Williams, the money supply increased by 18% in 2008. That's a loss of 18% of a person's savings in one year, the CPI hasn't adjusted for that yet, but the adjustments always come in the form of sudden crashes. Do you really think that things are as bad as they are going to get?
DanielMurphy007 2 years ago 4
@DanielMurphy007 Yes
turboz1k 1 year ago
@DanielMurphy007 you said that 8 months ago, and guess what? it is worse
earbud83 1 year ago
@anyname666: Isn't the effect of expanding the money supply minimal because the money has not made it into hands of the consumers? What will happen when banks start lending out the expanded supply of money to the public? I think massive inflation will result.
SevereTstormFan 1 year ago
anyname666 1 year ago
STF
Part 1 of 2
Yes you are right
The money has not reached those that will use it
When money is plentiful and easy to get ~ everybody begins to produce product. This puts a demand on labor & labor then demands more, under the guise of ``you are making billions and we want a piece of the action``
Labor is the key
Adam Smith dictates that the price of any product will reach equilibrium after a few battles with the competition. Each producer struggling to provide the least expensive product
anyname666 1 year ago
Inflation is the FRIEND of the property owner.
Think about it. If you owe $100,000 on your $200,000 Rental (or home) and inflation is 100% in one year then your home is now worth $400,000 but you still only owe only $100,000 which is paid off twice as easily and the rents are now double.
anyname666 2 years ago
but I keep telling you the 2.5% is due to labor and your neighbor asking for more money for the same work on the same material producing the same product.
After 25 years the government must have run out of cherries to pick
And thanks for noticing that Housing (known as Real Estate) has stayed ahead of inflation and is actually about 7.2% per year for at least the past 60 years.
who what
anyname666 2 years ago
So you don't think that the huge increase in the money supply has had any effect? Stop drinking the kool-aid
DanielMurphy007 2 years ago 3
@DanielMurphy007
90,955 views
So it has been over 6 months on my diet of Kool-Aid.
I must have missed the big sudden crash.
Gold is today (8-12-2010) is below where it was at the beginning of Dec 2009, 9 months ago.
Stock market has not moved much
Real Estate is stable (down but stable)
I keep waiting for the floor to fall out like you dooms day guys are talking about but nothing happened so far. What do you think now??
anyname666 1 year ago
@anyname666 the 2.5% is not due to increase in labour cost, cost of labour increase is due to increase in cost of living across the board which is rooted in the inflation of this credit based money. That's pretty obvious - if the value of money in real terms decreases then anyone relying on a fixed income will have to increase that income to keep the same way of life.
arumdevil 1 year ago
@arumdevil
Why did you bite him ~ cuz he kicked me ~ why did you kick him ~cuz he bit me~ why did you bite him ~ cuz he clicked me
Inflation ultimately happens because the cost of Labor goes UP. Then the cost of the product must go up and there you have inflation. Sand from the all the beaches in the world is free. The cost to haul it to the glass foundry increases when the truck drivers want more. The cost to process the sand into refined silicone then to glass goes up with labor ~ inflation
anyname666 1 year ago
YES YES
IF IF IF IF
the paper money it printed out of control the inflation is out of control above the normal run of the mill Labor caused inflation
IN the USA the inflation rate has not been over 3% in 25 years
anyname666 2 years ago
That is false. The central bank and the federal government cherry pick the numbers and call it the core CPI, which has been steady about 2.5% since the seventies. The real number, when you include housing and energy costs, is between 4 and 8 depending on who you ask.
And even if it is 2.5%, how does it feel to have 2.5% of your savings stolen from you each year?
DanielMurphy007 2 years ago
Dan
IF IF IF IF IF IF
Reality is ~~~~
Inflation is here to stay and has been here for 1,000s of years
Inflation is caused by increase in the cost of Labor
No one spoke of morals or rights or collective bargaining, or unions, or etc
only the way it is and always has been
you can not control labor so inflation is on going
forever
anyname666 2 years ago
And having a paper currency that is not weighted to a commodity makes it worse, because the people in charge of the money can print large amounts of it at will.
DanielMurphy007 2 years ago
Irrespective of the semantics
The person offering his service gets an item in exchange for his work (LABOR)
~~~~ your words
but none the less correct~o
1 guy (the doctor) charges more for his labor
The coal miner sees this
The coal miner has aspirations
The coal miner rouses his fellow workers & they STRIKE for more items for their work (labor)
Soon Coal cost everybody more items per ton & then they need a raise of more items per hour where they work.
Inflation is on once again
anyname666 2 years ago
That can only occur if there is a shortage of labor. If the coal mine owners can find workers to replace the strikers for less money, then they will, and they will fire the miners on strike.
When the labor requires a skill that not everyone has, they can demand more money because of supply and demand and they have every right to bargain collectively.
A strike is only immoral when the strikers are unskilled and use violence to prevent other workers from taking their place.
DanielMurphy007 2 years ago
DAN stop talking in circles
Stick to the topic that you start
U SAID Dollars do not translate into Labor. U said dollars translate in to the product that is produced by the labor. And therefore people do not get paid for their labor but for the product they produce. DID YOU or DID YOU NOT say that????? Just look down a few comments.
Service providers do not produce a product. They only provide service which is LABOR
You were WRONG about conductivity and you are WRONG about labor vs product
anyname666 2 years ago
"U said dollars translate in to the product that is produced by the labor." I did not say that.
"they translate into the value of what is produced by the labor."
"what is produced" can be a good or a service, produced by work. Should I say result instead of product? The result of the work that one does is what determines how much one receives for one's time. And once one has earned an item in exchange for their work, they want to store their wealth in a stable medium, like a precious metal.
DanielMurphy007 2 years ago
Boy oh boy Dan
Are you ever naïve or what?
The very start of the great debate between the haves & the have nots. The rich & the poor. The labourers & the conservatives. The blue & the white collar
The coal miner gets paid not because he is a human but because he labored in the mine. He is paid for his labor & that is it. No labor no pay
As fair as it may be or not be~the IT Tech & the Doctor r paid more for their labor because like gold their labor is worth more MD's produce nothing
anyname666 2 years ago
The doctor doesn't get paid because he is a human either, he gets paid more because the fruits of his labor are more valuable than than the fruits of the labor of a coal miner.
It's about supply and demand, there are fewer people capable of being doctors than there are people capable of being laborers, so they are in a position to demand more money.
You think people should get paid just for being alive?
DanielMurphy007 2 years ago
a $20 bill then Chris is a LABOR certificate
anyname666 2 years ago
A person who works in a coal mine does a lot more labor than an IT technician, but makes less money, so dollars do not translate into labor, they translate into the value of what is produced by the labor.
DanielMurphy007 2 years ago
Everything u have said about gold goes for copper or lead
The feds can`t print any more lead
GOLD IS NOT MONEY
Gold is a commodity, that happens to be stable & desirable. Therefore a demand.
A man goes to work & at the end of the week gets his pay in Dollars, then trades the dollars for Gold. In a while he decides to SELL the gold for some MONEY (Fed notes)
Since the price of gold is not FIXED it is an unreliable commodity in which to store your money. It might go up but it might go down
anyname666 2 years ago
You may be accustomed to using dollars as money, because in our society, dollars are the common media of exchange. You are correct that gold is not money, but it could be if people started accepting it. The same goes for copper and whiskey and any other commodity with the properties that make for a convenient unit of account.
The value of gold might go down, but it will never reach zero. The same cannot be said for paper currencies, which as history shows, never last.
DanielMurphy007 2 years ago
gold = labor
FROM: The Treasure Of The Sierra Madre 1948
Howard: `A 1,000 men, say, go searching for gold. After 6 months, one of 'em is lucky~ out of the 1,000. His find represents not only his own labor but that of 999 others to boot. That's uh, 6,000months or 500 years scrabbling over mountains, going hungry & thirsty. An ounce of gold, mister, is worth what it is because of the human labor that went into the finding & the getting of it.`
That's it Chris~the Human Labor
same as a $20 bill
anyname666 2 years ago
So what is your point?
Men labor to produce something of value, like a gold nugget or a bushel of apples. But a bushel of apples will spoil, so he trades the bushel for a gold coin to preserve his wealth which came by way of his labor.
If I trade my labor for a twenty dollar bill, and then the FED doubles the money supply, I just had half of my wealth, which I labored for, stolen from me. With gold, that cant happen because to increase the gold supply requires an equal input of labor.
DanielMurphy007 2 years ago
Wampum BTW is a sting of beads. The beads are hand made.
First someone goes out into the desert and digs until he finds blue turquoise
Once he finds it he spends hours chipping away the rock that surrounds it.
Then he takes what is left over and carves it into small pieces and drills a hole in each piece. Then the pieces are put on a string and raked across another stone until each piece is round and uniform. The bluer, more round, more uniform & more smooth~the more the value. ALL LABOR
anyname666 2 years ago
So u do understand then that MONEY is the certificate that represents a value.
That value by the way is LABOR. Since u can not dig it out of the ground the only way to get money is to sell something you already have or WORK for it with your labor
All certificates are fiat. Even if they are GOLD certificates they themselves are in actuality fiat. When you write a check (certificate) some merchants will take it and some will not. All merchants will take a $20 bill. as it represents your labor
anyname666 2 years ago
When I say fiat, I mean that it cannot be exchanged for the good it is supposed to represent.
Your notion that money is the certificate that represents a good is wrong. Money is any medium of exchange. A copper penny, pieces of eight, or wampum beads, whatever people use to trade is Money.
As I said before, a good currency needs to be standardized. A mint makes coins of consistent quality that are difficult to counterfeit for that very reason. I wouldn't trust a coin made in someone's garage.
DanielMurphy007 2 years ago
Any body in any country on earth can go dig for gold. Once they find some grains they can take them and sell them for some MONEY but they can not take them into the local Market and get a loaf of bread.
Such a situation might happen in a movie but not on earth as a reality.
anyname666 2 years ago
What's taken out of the Earth is not pure, once it has been purified and standardized, any intelligent shopkeeper (of an independent business that is) would accept gold/silver if he knew what it was worth.
Whiskey used to be used as money is in the Southeast US. You don't have to fix the price of a metal to use it has money, money is any medium of exchange accepted by a community. A community agrees on a common item to make trade more convenient, but it is still the Barter System.
DanielMurphy007 2 years ago
Mr. Murphy I can see that u r not real stupid &actually get the basics of most of what u are saying. Perhaps u and I r only arguing SEMANTICS.
When whisky was used to trade for goods it was not MONEY it was part of a barter. There were no shops that had signage stating that they sold a loaf of bread for 3 shots of whisky. A gallon of gas or any other product for any amount of whisky. Whisky had value because people wanted it, just like gold you may as well have said whisky was money.
anyname666 2 years ago