Talk about the goats more sometime. I love goats. Grew up in North Whittier,CA and enjoyed the family goats. Use to take them to the SanGaberial River to feed on weeds. Those were the days.
In response to how to divide your gold up into smaller pieces for trading, when you buy gold, you should buy 24 karat gold "casting grain." It is like a bunch of small pebbles or little nugetts. I've been a jeweler for 24 years and have always ordered it in that form.
industrial gold, its a side product of recycling copper from electrical appliances, 3 tones of electrical scrap makes around 4-6 kilograms of gold & silver.
I don't think w. Buffet would let silver and gold just to be made from nano-tech. Considering he owns something like 126 million ounces of physical silver.if I had that much money I would just buy the patent and never let anyone use it
Does anybody know if the federal government has a legal right to confiscate your personal funds?I know they took gold in 1933,not sure if they can claim bankruptcy and also take your paper currency.
Nothing to stop them if they wanted to. That's the thing to understand about our "rights", the gov can take them away at will if allowed. The idea of "nationalizing" people's 401K funds to make up for the lack in the social security system has already been kicked around. Unlikely to really happen, but then again, in times of extreme economic hardship, governments justify very strange measures against its own people.
Regarding using gold in daily transactions, after the 2001 collapse in Argentina, they used items such as gold link bracelets and small jewelry for small transactions. If you needed something, you'd cut off a link or turn in a small ring or something. Personally, I'd just use smaller denominations of silver instead.
What I expext during the next period of forced liquidations, is that peoples will not sell their stocks to buy us dollars... maybe gold/silver and foreing currencies. thanks for the video
The scripture says gold and silver will be worthless. It also says that 'The rapture"(the great mystery) will happen after the last trumpet. Christians will see the worst of times. Gold will skyrocket before its collapse.
On the question on physical metal, and cutting it, don't cut it. Just use smaller denominations like Mercury Dimes, which are 90% silver and only about $1.70. Or you can get silver quarters which are around $4. That's the way to go! Don't cut up your metal!
We are all kidding ourselves if we think there is no plan to mitigate wealth in the form of PMs held in private hands. My guess is that since Rothschilds controls most of the bullion wealth there will just be a 'Law' stating that no commerce shall be permitted in PMs... due to 'terrorism'.... cant you smell it coming?I own PMs. There is no better place to try and store your wealth, but they will have thought of this already. My bet is, commerce will become electronic. No Gold as wealth.
Yes, and also small-scale solar and generators. He knows what's coming, but he can't talk about it on television as he's already deemed a "nut job" by most pundits.
Someone told me to never say I believe to an absolute. 1 + 1 = 2 you don't believe it's an absolute. Gold and silver can not go to zero as long as men on this planet, that is an absolute, you don't believe it any more than you believe 1 + 1 = 2!
I think it's a good suggestion, what do you think?
Zimbabwe (or Rhodesia) was once known as the bread basket of Africa. It was a very prosperous country. It's a shame what happened there. A lot of farmers have been driven off their land by government sponsored thugs. This is my big fear.
Daniel, do you not believe that an exact repeat of the 1930s confiscation of private, physical gold is possible?
(re. your comment on ETFs and confiscation)
Is there not a possibility that gold and silver "hoarders" will be vilified by the government/media, thus "justifying" a new set of restrictions on gold ownership.
That is true. Just like when someone says that we will never have soup lines again. Come again? We've had food stamps and welfare for several decades now.
The basic premise does not change, just the outlying form.
what is gold used for other than jewlry and coins ? electronics?
i dont get why you need gold more than food and water ...i mean if the economy crashes wouldnt food and water be more valuable? and if thier unrest how are you going to sale in a WROL would thier be alot of thelfs ?
Way to go Daniel,is this your first radio interview? Interview and taking calls ,Vision Victory name is out there and people want to know your opinion.Keep up the good work. TJ
Let us start a grass root effort that requires all newly elected member of the U.S Congress must complete and pass a certification on economy matters to balance the federal debt.
To a hungry man, a can of soup is worth more than an oz. of gold. The value of anything is relative to the situation you find yourself in. I am leaning toward beans over bullion.
6:50 I'm afraid that will be not enough... New metal detectors can distinguish between different types of metal and search 10 inch in. You should bury it and cover it with reinforced concrete, or maybe some scrap metal - so it will look like some buried trash.
That's a cute shirt, good for you. I've heard goats can be unpleasant, but I'd have them, and my father-in-law, who was extremely poor and motherless . . . they never starved, having a goat!
Essentially, no one should worry about having up to ten per cent. of their assets in precious metals. I've usually done that and have done fine.
Junk silver is very easy to acquire here in France -- not easy for day to day business, of course!
Hey, the guy you were talkin gto, is gonna come round and stick a gun in your face, and say - "open your safe, break your walls, and give me the real shash " !!
I bought gold coins from a dealer and got ripped off. The company closed down because of complaints. They jacked up the price on the Coins. We all got ripped off. How can I trust any dealer?
Why do some men think it is "whipped" to love you wfe ad want to ay o
I believe this s nohing but condtioning and a harmful seed to be planting.
So greatful my brothers, father, and husband are not negitive going with the manly man crap. You too Victory. Glad you didn't disgrace your wife by buying into this unloving bs.
t-shirts like that reflect serious ballwashing which is very negative on this already fucked up sociaty , it's the same kind of ballwashing that politicians use everytime they're begging the public for votes or giving bailouts to the banks inexchange for campain contributions
here we go again with thumbs down LoL some of you libertarians here are nothing more but hypocryite republicans in disguise....constantly failing to connect the facts
Zimbabweans are paying 1/10th of a gram for a giant loaf of bread. A 1 gram ingot in the US costs roughly $35 (maybe $40 on ebay). That means that huge loaf costs about $3.50, which sounds right. However, theyre so poor over there that people spend 12 hrs of hard labor extracting that 1/10th gram. The old, young and disabled are dying.
On your comments about Ron Paul and Peter Schiff - Am I the only one who is frustrated with this truism - that these politicians literally need to hide the truth in order to have credibility? What is going on in our backwards world?
Since none of you are from my country, I'm going to tell you where my gold is hidden. Part of it is in an external USB harddrive case from which the harddrive is removed.
Trading: I have put all my gold and silver jewelry in one place. I have purchaced many mercury dimes and some other 90% silver junk coins. These will be what I will trade first. Bullion I have been buying in 1 gram up in ounces. Both bars and rounds. Also purchased a gold and silver tester. Have print ups of different bullion and coins, for what I do not recognize. And a scale that measures from 1 gram to 600 ounces. Not sure what else I can do. :)
I imagine that at some point, we'll be able to manufacture gold and silver using nanotechnology. Until then, our PMs are likely to retain a fair amount of value.
It doesn't have to be more valuable than the existing supply; it simply has to increase the existing supply (in order to decrease the value of each individual unit).
Are you familiar with how monetary inflation devalues the dollar?
Nanotechnology will make the same thing possible in terms of gold/silver. We will literally be able to replicate gold/silver on a molecular level (increase the supply).
Even if people could tell the difference, the difference wouldn't mean anything.
I don't know two much about Cubic zirconia, but I think it's safe to assume two things:
a) Cubic zirconia HAS competed with actual diamonds, and thus decreased the price/demand for diamonds, and
b) Cubic zirconia is not an exact replica of diamond. Rather, it is an imitation. Thus, it's not exactly a fitting analogy.
When we're talking about nanotechnology, we are talking about constructing things on a molecular level. Nano-gold would NOT be qualitatively different from natural gold.
Nanotechnology wont create gold and silver, it just rearranges existing atoms.
What WILL create gold and silver is nuclear fusion reactors but that takes energy input to transmute metals from one to another.
So if you input energy you can theoretically create gold and silver. When you look at it in that context, notice Gold and Oil have always held a set ratio.
In reality that is all money really is in its most basic form. Money = Energy.
I come from a Physics background and only recently started applying my mathematics knowledge to economics.
IMO money essentially just represents energy. It is a form of energy accounting. This is something I have never seen stated in texts but it really is true when you look at it.
Prices HAVE to AT LEAST cover the energy inputted into a product or services without realizing a loss, in a balanced economy that is.
Notwithstanding the money manipulation games they are playing.
If they ever truly perfect the metal transmutations in nuclear reactors, you can expect the actual price of gold and silver to be EXACTLY tied to other energy commodity prices to a fixed ratio.
So if you subscribe to idea that hard money is really gold and silver, then you can easily see the next step...
Gold and Silver can be truly tied to ENERGY in a PHYSICS sense because gold and silver can be created...
There's a sci-fi novel out called The Windup Girl, in which calories are currency. I don't know if that would interest you. I haven't read it myself, but I may.
I'm not sure I'm following your theory though. There are certain traits that a currency must have in order to be a good medium of exchange and store of value. I'm not sure how those traits (such as durability, divisibility, rarity, etc.) relate to energy. If there is a relationship, it would be interesting to hear about.
H3 fusion is possible and works just fine, the problem is there is no H3 on earth, the moon is full of it. That explains the new Moon race hype at present
h3 fusion is stable and less dangerous then using any radioactive minaral from earth with hardly any reactor wall complications or problems.
1 kilogram H3 kan powere a town of 250 k people for 1 day.
But if you can not even give your "shit" away, then you are not going to be in business selling your shit for very long...
That is why I qualified my statements earlier saying if supply and demand are not out of whack...
You would have to be a fool to waste resources to manufacture shit... Well actually up here in the pacific northwest, people do pay money for it for gardening...
It's true that people produce things in order to make a profit. As such, people are not likely to produce things which can't be sold for a profit (cost+markup).
The price of something however, does not necessarily correlate in any way with the energy required to produce said thing. The energy required to produce something is only ONE out of MANY qualities that give something it's value.
You're chasing a Marxist pipe dream. All humans are unique in terms of genetics & circumstances (& probably some other things we don't yet understand). What people value can not be reduced to a quantifiable unit, nor can it be attributed to a single arbitrary quality that goods/services possess (i.e. "labor value" , "energy inputs", shape, size, color, etc.). You're trying to reduce humans to robots. Humans however, are unique from each other, and value different things for different reasons.
I am lost in your..ahh.. explanation? You close: "value different things for different reasons." That would be why trade exists. As long as trade has existed..PM's have been a factor. No rocket science, and no amount of ideological sorting o labeling will change it.
Unless I am misunderstanding him, he is not saying that prices are determined by the cost to produce like labor valueists.
It is that cost to produce (energy cost) put a floor under the possible price of any good.
If the value drops under the cost to produce, then people will stop producing and supply will drop until supply and demand are balanced. This will bring value back up in line with cost to produce. That or no one will produce that good any longer.
I honestly don't think it's clear what he's trying to say. However, I think he's trying to do more than state the obvious (as you have suggested). I think he should write an essay or something clarifying and expanding upon his position. He could post it on a blog or something. At this point, I believe the language he is using is too vague for us to determine what he is trying to convey. Perhaps this just isn't a suitable forum for the expression of such an idea.
Also, you shouldn't confuse economists with propagandists. The fact that most so-called "economists" simply serve their political and financial masters, says very little about real economics. It does however, say a lot about those in power, and the gullibility and apathy of the general public.
As Peter Schiff would say, Keynesian economists are to economics what witch doctors are to medical science.
I am glad to see someone else point this out. I am a mechanical engineer, and my , to use your words, energy accounting background has made understanding economics much easier for me.
25% rise of gold value in three years. more so in silver.
empires rise and fall with presence and absence of gold and silver. Gold is money. period.
akiraguy 2 years ago
american people are so dumb!!!
nalang19 2 years ago
dow 4500 haha you have no idea how markets work!!! if this scenario happens you have war in your country!!!
nalang19 2 years ago
Talk about the goats more sometime. I love goats. Grew up in North Whittier,CA and enjoyed the family goats. Use to take them to the SanGaberial River to feed on weeds. Those were the days.
tesskansas 2 years ago
nice shirt, man. It wocks!
adepsa 2 years ago
so you think Soros will make a kiling when he kills the US dollar like he did when he killed the british pound?
linwooddeaton 2 years ago
What about if your house burns down and 90% of your GOLD is in the walls???!
sjls 2 years ago
fire doesn't destroy gold...but a fireman might get a big pay day ;) LOL
RikaKazak 2 years ago
It will melt. My uncles fireproof safe was still functional - but his coins melted.
tesskansas 2 years ago
isn't it better to stock up in ammunition instead of gold?
zombiehellmonkey 2 years ago
yes and food
giroguy22 2 years ago
Gold is worthless
zombiehellmonkey 2 years ago
In Zimbabwe the use their Currency as Fish Wrap, or to hold Gold Dust in.
SATANSbankers 2 years ago
great
toshibavoodoo 2 years ago
I love your shirt. : )
Michigansnowpony 2 years ago 4
me too, where can I get one?
CardsDefense 2 years ago
in Zimbabwe it was 300 trillion to $1 before they went totally worthless
tuktukktotam 2 years ago
In response to how to divide your gold up into smaller pieces for trading, when you buy gold, you should buy 24 karat gold "casting grain." It is like a bunch of small pebbles or little nugetts. I've been a jeweler for 24 years and have always ordered it in that form.
Howouldado 2 years ago
industrial gold, its a side product of recycling copper from electrical appliances, 3 tones of electrical scrap makes around 4-6 kilograms of gold & silver.
LastReplaySC 2 years ago
Remember when President Bush wanted to let people take control of their retirement by investing in the stock market? Whew!!!!!!!!!!!!!!!
Howouldado 2 years ago 3
I don't think w. Buffet would let silver and gold just to be made from nano-tech. Considering he owns something like 126 million ounces of physical silver.if I had that much money I would just buy the patent and never let anyone use it
Johnnybluejohn 2 years ago
yep. can't trust the etf's
-Todd
ToddWentworth 2 years ago
You entertain
and you seek the truth.
5 kimbo slices out of 5
jabmalassie 2 years ago 2
Does anybody know if the federal government has a legal right to confiscate your personal funds?I know they took gold in 1933,not sure if they can claim bankruptcy and also take your paper currency.
mcap52 2 years ago
Nothing to stop them if they wanted to. That's the thing to understand about our "rights", the gov can take them away at will if allowed. The idea of "nationalizing" people's 401K funds to make up for the lack in the social security system has already been kicked around. Unlikely to really happen, but then again, in times of extreme economic hardship, governments justify very strange measures against its own people.
onemindonespirit 2 years ago
Regarding using gold in daily transactions, after the 2001 collapse in Argentina, they used items such as gold link bracelets and small jewelry for small transactions. If you needed something, you'd cut off a link or turn in a small ring or something. Personally, I'd just use smaller denominations of silver instead.
GrabTheApple 2 years ago 2
What I expext during the next period of forced liquidations, is that peoples will not sell their stocks to buy us dollars... maybe gold/silver and foreing currencies. thanks for the video
vince4782 2 years ago
Bravo Daniel!
Lexi8888 2 years ago
I am happy I am from Texas- a lot of people are prepared down here
popomp1 2 years ago
...i'm in tennessee...folks still have their head up their asses...!
yedon68 2 years ago
we have silver shops popping up all over here also google 93.7 the arrow walton and johnson in the morning have helped out big time
popomp1 2 years ago
Metal detectors can determine the difference between gold, silver, copper, scrap metal, etc..
BendoverBernanke 2 years ago 2
The scripture says gold and silver will be worthless. It also says that 'The rapture"(the great mystery) will happen after the last trumpet. Christians will see the worst of times. Gold will skyrocket before its collapse.
BendoverBernanke 2 years ago
Another victory for Kontext-away (tm)
foolcow1976 2 years ago
I think you mean that the gold and silver will be "cankered" (basically "worthless") but until that time precious metals will be worth something.
Many people are saying that people should diversify (ie. guns, ammo, seeds, tools, etc.)
Think about how they survived in Argentina.
yinghonghaohan319 2 years ago 3
On the question on physical metal, and cutting it, don't cut it. Just use smaller denominations like Mercury Dimes, which are 90% silver and only about $1.70. Or you can get silver quarters which are around $4. That's the way to go! Don't cut up your metal!
ggadguy 2 years ago
How did we miss this?
SilverWealth23 2 years ago
VV, weak interview. hope the others are better.
CSPAN
Saturday, 9:15pm (ET)
Approx. 44 min.
In Fed We Trust: Ben Bernanke's War on the Great Panic
David Wessel
911truthncDotOrg 2 years ago
where's part 2&3? Everybody click on the ads!
steelhorses2004 2 years ago
Im coming to smash the walls in your house and find the pot o' gold :)
collegeboy477 2 years ago
UPDATE Zimbabwe now uses the USD for trading. Mugabe is working alongside the opposition party and things are a better for now.
residentzombie 2 years ago
Gold is a store of wealth for the exact sam reasons that FIAT Currency is a store of wealth; because we say so.
Gold has a better track record though.
Silver has some uses in industry ext so its not so clear cut, but the same concept applies.
We suggest intrinsic labour and manufacturing costs as a measure of 'value', but that only applies if we say so.
I do own metals but only because the chances are better that more folk will consider it Value-able.
Where else put your wealth?
ccharlie100 2 years ago
@ccharlie - the main difference between gold and fiat currency of course is that you can't just print gold.
MarionWeller 2 years ago 3
We are all kidding ourselves if we think there is no plan to mitigate wealth in the form of PMs held in private hands. My guess is that since Rothschilds controls most of the bullion wealth there will just be a 'Law' stating that no commerce shall be permitted in PMs... due to 'terrorism'.... cant you smell it coming?I own PMs. There is no better place to try and store your wealth, but they will have thought of this already. My bet is, commerce will become electronic. No Gold as wealth.
ccharlie100 2 years ago
If that happened then commerce using PM's will just go underground.
CelticReject 2 years ago
Hey! Whyd you turn it off lol
alikokos 2 years ago
Schiff on his radio show did several times mention buying food and ammunition etc...
InTheSticks1881 2 years ago
Yes, and also small-scale solar and generators. He knows what's coming, but he can't talk about it on television as he's already deemed a "nut job" by most pundits.
Trazom24 2 years ago
Good job!
Someone told me to never say I believe to an absolute. 1 + 1 = 2 you don't believe it's an absolute. Gold and silver can not go to zero as long as men on this planet, that is an absolute, you don't believe it any more than you believe 1 + 1 = 2!
I think it's a good suggestion, what do you think?
davincij15 2 years ago
visionvictory is my hero.
Dansrides 2 years ago
Zimbabwe (or Rhodesia) was once known as the bread basket of Africa. It was a very prosperous country. It's a shame what happened there. A lot of farmers have been driven off their land by government sponsored thugs. This is my big fear.
jc7622 2 years ago
Note to self: When robbing V V, don't be fooled by the first find. The big score is in the wall :)
jc7622 2 years ago 3
Glad you're talking to radio stations outside of Calif.- spread the word!
whiskerchild 2 years ago
Are bank safety deposit boxes safe?
SSanf 2 years ago
They generally are, but DHS has authority to open them and seize your items during instances of national emergency. Ask your bank about this policy.
juicyjoo 2 years ago
Excellent !!!
ray12970 2 years ago
Great vid Dan. I like these interview type videos. Keep spreading the message man. Good job keep up the great work.
LibertyResolute 2 years ago
Daniel, do you not believe that an exact repeat of the 1930s confiscation of private, physical gold is possible?
(re. your comment on ETFs and confiscation)
Is there not a possibility that gold and silver "hoarders" will be vilified by the government/media, thus "justifying" a new set of restrictions on gold ownership.
neemz2000 2 years ago
Confiscation is already happening its called "Cash for Gold" a modern day confiscation for paper.
jonnysport89 2 years ago
That is true. Just like when someone says that we will never have soup lines again. Come again? We've had food stamps and welfare for several decades now.
The basic premise does not change, just the outlying form.
Trazom24 2 years ago
Of course it's possible, they did it before so why not again. Remember though, it's for "the good of the people" that you turn in your gold.
john5246 2 years ago
metal detectors can differentiate gold from steel or copper. create an underground safe at least 3 ft deep and bury it.
dynobreath 2 years ago
sorry couldn't watch, you were nervous and that made me nervous.
0urGaia 2 years ago
God establish gold and silver as money and it will always remain as such in value.
ang60 2 years ago
To answer the question about "cutting gold".
Gold is sold in different sizes: 1 gram, 10 grams, instead of 1 OZ.
And you can use those grams to buy smaller items.
cowboy219 2 years ago
5 stars
dominicjan 2 years ago
Good interview. Thanks.
budb11 2 years ago
Excellent interview V.V !!!!!!!!!!
catdog262 2 years ago
this a cool show waiting for part 2 disagree or not disagree we are american people talking ...better than a main stream news channel
gasdorf 2 years ago
Keep up the good fight Vision Victory
burningred2121 2 years ago
So awesome.
The radio guys pause and "woah" after VV suggested hiding your gold in your walls.
Hahahahaha!
We're so freaking doomed!
redmolotail 2 years ago
Excellent vid! Thanks for posting!
krunchyberries 2 years ago
what is gold used for other than jewlry and coins ? electronics?
i dont get why you need gold more than food and water ...i mean if the economy crashes wouldnt food and water be more valuable? and if thier unrest how are you going to sale in a WROL would thier be alot of thelfs ?
gasdorf 2 years ago
I heard someone recommend having two safes in your house, and one is the decoy safe.
jinessesea 2 years ago
decoys:
same thing true with ANYTHING.
(guns, food, computers, surveillance).
If people know that you are a prepper, then you will be a target.
Do you want to kill those you know over stupid physical possessions?
Easier to just show them 'everything' and show them you are as clueless as they are.
I watched this Twilight zone episode last week, very relevant:
watch?v=9ei7Gr-0uNU
jcwitness 2 years ago
Excellent episode! Thanks for recommending - it was a real eye opener!
jinessesea 2 years ago
love the shirt.....
tario26 2 years ago
You are whipped... lol that tshirt is proof. just messing with ya.
Jbreed2011 2 years ago
Maybe she said I could buy more silver if I put on the shirt :)
VictoryIndependence 2 years ago
And maybe he is simply following the Bible where it says women submit to your husbands and husbands love your wives as Christ loved the church.
I think his shirt is cool! And I am a girl.
4evrMT 2 years ago 3
Way to go Daniel,is this your first radio interview? Interview and taking calls ,Vision Victory name is out there and people want to know your opinion.Keep up the good work. TJ
tommyyjayy 2 years ago
3rd one, will do more soon. I'm also going to interview Ron Paul and Peter Schiff soon.
VictoryIndependence 2 years ago
Wow, Interviews with Paul & Schiff thats awesome.
burningred2121 2 years ago
Those should be very exciting.
Jbreed2011 2 years ago
there is more to life
than asset inflation ..
parsnips any one ..
chena3 2 years ago
gold silver and paper are the same =slavery freedom for you is slavery for some one else
gold is not stable NO MONEY IS STABLE
GUNS ARE STABLE
radiantfluxify 2 years ago
Let us start a grass root effort that requires all newly elected member of the U.S Congress must complete and pass a certification on economy matters to balance the federal debt.
junkyarddog47 2 years ago
To a hungry man, a can of soup is worth more than an oz. of gold. The value of anything is relative to the situation you find yourself in. I am leaning toward beans over bullion.
prescottbill 2 years ago 3
true, best not to hide the gold behind the water bottles.
VictoryIndependence 2 years ago
6:50 I'm afraid that will be not enough... New metal detectors can distinguish between different types of metal and search 10 inch in. You should bury it and cover it with reinforced concrete, or maybe some scrap metal - so it will look like some buried trash.
Cheers
grraadd 2 years ago
Well done Daniel
aybesee123 2 years ago
That's a cute shirt, good for you. I've heard goats can be unpleasant, but I'd have them, and my father-in-law, who was extremely poor and motherless . . . they never starved, having a goat!
Essentially, no one should worry about having up to ten per cent. of their assets in precious metals. I've usually done that and have done fine.
Junk silver is very easy to acquire here in France -- not easy for day to day business, of course!
slobomotion 2 years ago
Our Pastor wears that T-shirt!! I love it how sweet!
homeandstable 2 years ago
I love my wife too! Where did you get that shirt?
Maynardsat 2 years ago
lifeway christian bookstore has them
kenandjasha 2 years ago
family christian store has them too
kenandjasha 2 years ago
Have no clue. Haven't been shopping for clothes in 11 years.
VictoryIndependence 2 years ago
Hey, the guy you were talkin gto, is gonna come round and stick a gun in your face, and say - "open your safe, break your walls, and give me the real shash " !!
Be careful man !
mikeybrumbrum 2 years ago
V,
I bought gold coins from a dealer and got ripped off. The company closed down because of complaints. They jacked up the price on the Coins. We all got ripped off. How can I trust any dealer?
loveguitars 2 years ago
your t-shirt = *whip whipping sound
mrzack888 2 years ago
What???? :) lol
VictoryIndependence 2 years ago
yes, ok ok, I'm joking. wish your wife and child the best.
mrzack888 2 years ago
I guarantee his wife likes the shirt.....
and he has to live with her.
4evrMT 2 years ago 3
Why do some men think it is "whipped" to love you wfe ad want to ay o
I believe this s nohing but condtioning and a harmful seed to be planting.
So greatful my brothers, father, and husband are not negitive going with the manly man crap. You too Victory. Glad you didn't disgrace your wife by buying into this unloving bs.
:))
Kashmir2000is 2 years ago 3
t-shirts like that reflect serious ballwashing which is very negative on this already fucked up sociaty , it's the same kind of ballwashing that politicians use everytime they're begging the public for votes or giving bailouts to the banks inexchange for campain contributions
dudebud007 2 years ago
here we go again with thumbs down LoL some of you libertarians here are nothing more but hypocryite republicans in disguise....constantly failing to connect the facts
dudebud007 2 years ago
Very proud of you Daniel! Keep up the good work!
fox20012 2 years ago
Zimbabweans are paying 1/10th of a gram for a giant loaf of bread. A 1 gram ingot in the US costs roughly $35 (maybe $40 on ebay). That means that huge loaf costs about $3.50, which sounds right. However, theyre so poor over there that people spend 12 hrs of hard labor extracting that 1/10th gram. The old, young and disabled are dying.
pairunoyd 2 years ago 3
Looks like you been working out. LOL
Hopefl1 2 years ago
On your comments about Ron Paul and Peter Schiff - Am I the only one who is frustrated with this truism - that these politicians literally need to hide the truth in order to have credibility? What is going on in our backwards world?
Synthetikrose 2 years ago
Baby steps, 98% are DEEP inside the matrix.
VictoryIndependence 2 years ago
I agree.
Most won't wake up until it is too late...
In fact many won't wake up even when they are starving and living on the streets...
sublimetrance 2 years ago 2
Good points made on gold, especially where you mention 'distractionary gold'. Awesome.Looking forward to part 2 and 3.
chiyerano 2 years ago
I love my wife, too!
robertmcmc 2 years ago
great vid!
Annihilate3275 2 years ago
Comment removed
kancerzx 2 years ago
Hey VV don't you worry about Bad guys hunting your location down? be careful brother.
mysacredhonor 2 years ago
IMO, you are giving away too mcuh info about how/where you are hiding your gold and silver.
JP5466 2 years ago 2
I never said where
VictoryIndependence 2 years ago
Since none of you are from my country, I'm going to tell you where my gold is hidden. Part of it is in an external USB harddrive case from which the harddrive is removed.
KOPYMEH 2 years ago
the value of a 1$ 1 ounce silver dollar buys the same number of loafs of bread now as it did in 1925.
jsmythib 2 years ago
Are you giving too much info? Someone might break in and take any gold being hidden away.
VexRiot 2 years ago
My metal is hidden well, it would take weeks to extract.
visionvictory 2 years ago
What a crappy shirt haha
Cmon man
UnfamousJames 2 years ago 2
the audio is hard to hear :(
R6bbie 2 years ago
Trading: I have put all my gold and silver jewelry in one place. I have purchaced many mercury dimes and some other 90% silver junk coins. These will be what I will trade first. Bullion I have been buying in 1 gram up in ounces. Both bars and rounds. Also purchased a gold and silver tester. Have print ups of different bullion and coins, for what I do not recognize. And a scale that measures from 1 gram to 600 ounces. Not sure what else I can do. :)
Kashmir2000is 2 years ago
I imagine that at some point, we'll be able to manufacture gold and silver using nanotechnology. Until then, our PMs are likely to retain a fair amount of value.
D4Shawn 2 years ago
A fake is not going to be more valuble then the real thing. Cubic Zirconia is a fake diamond...it's not worth as much or more...enough said...
videolover61 2 years ago
It doesn't have to be more valuable than the existing supply; it simply has to increase the existing supply (in order to decrease the value of each individual unit).
Are you familiar with how monetary inflation devalues the dollar?
Nanotechnology will make the same thing possible in terms of gold/silver. We will literally be able to replicate gold/silver on a molecular level (increase the supply).
Even if people could tell the difference, the difference wouldn't mean anything.
D4Shawn 2 years ago
I don't know two much about Cubic zirconia, but I think it's safe to assume two things:
a) Cubic zirconia HAS competed with actual diamonds, and thus decreased the price/demand for diamonds, and
b) Cubic zirconia is not an exact replica of diamond. Rather, it is an imitation. Thus, it's not exactly a fitting analogy.
When we're talking about nanotechnology, we are talking about constructing things on a molecular level. Nano-gold would NOT be qualitatively different from natural gold.
D4Shawn 2 years ago
Nanotechnology wont create gold and silver, it just rearranges existing atoms.
What WILL create gold and silver is nuclear fusion reactors but that takes energy input to transmute metals from one to another.
So if you input energy you can theoretically create gold and silver. When you look at it in that context, notice Gold and Oil have always held a set ratio.
In reality that is all money really is in its most basic form. Money = Energy.
Prices reflect energy input (plus supply&demand)
sublimetrance 2 years ago
Yeah... It looks like you're right about that. I stand corrected.
There's a wikipedia article entitled "Synthesis of precious metals". It has some relevant information, if anyone is interested/curious.
D4Shawn 2 years ago
I come from a Physics background and only recently started applying my mathematics knowledge to economics.
IMO money essentially just represents energy. It is a form of energy accounting. This is something I have never seen stated in texts but it really is true when you look at it.
Prices HAVE to AT LEAST cover the energy inputted into a product or services without realizing a loss, in a balanced economy that is.
Notwithstanding the money manipulation games they are playing.
sublimetrance 2 years ago
If they ever truly perfect the metal transmutations in nuclear reactors, you can expect the actual price of gold and silver to be EXACTLY tied to other energy commodity prices to a fixed ratio.
So if you subscribe to idea that hard money is really gold and silver, then you can easily see the next step...
Gold and Silver can be truly tied to ENERGY in a PHYSICS sense because gold and silver can be created...
sublimetrance 2 years ago
Some people call OIL "Black Gold"...
Viewing money as just a form of energy accounting gives that phrase literal meaning.
sublimetrance 2 years ago
There's a sci-fi novel out called The Windup Girl, in which calories are currency. I don't know if that would interest you. I haven't read it myself, but I may.
I'm not sure I'm following your theory though. There are certain traits that a currency must have in order to be a good medium of exchange and store of value. I'm not sure how those traits (such as durability, divisibility, rarity, etc.) relate to energy. If there is a relationship, it would be interesting to hear about.
D4Shawn 2 years ago
"I'm not sure how those traits (such as durability, divisibility, rarity, etc.) relate to energy."
Labor (machine or man) creates goods and services. All labor requires energy. No energy, nothing gets done.
All I am saying is, when you view money (prices) in its most basic form in a balanced economy, it is fundamentally just a form of energy accounting.
If supply and demand are not out of whack, prices of different products will generally reflect the energy input into them.
sublimetrance 2 years ago
BTW the ONLY thing that will destroy the value of Gold and Silver is if there is a major scientific breakthrough with nuclear fusion.
Currently fusion is not a net energy gain.
If they ever perfect nuclear fusion, then you will have basically free energy and transmutation of metals all in one.
That will destroy the value of ALL metals.
Won't matter anyway because if we get reliable nuclear fusion then it will solve just about every other problem we have now.
It will be a golden age.
sublimetrance 2 years ago
H3 fusion is possible and works just fine, the problem is there is no H3 on earth, the moon is full of it. That explains the new Moon race hype at present
h3 fusion is stable and less dangerous then using any radioactive minaral from earth with hardly any reactor wall complications or problems.
1 kilogram H3 kan powere a town of 250 k people for 1 day.
welcome to the 21st century
LastReplaySC 2 years ago
h3 is extracted from heavy water which is taken from the ocean around hawaii.
sitesprocketdotcom 2 years ago
I think you're barking up the wrong tree. You're trying to do what the Marxists and Objectivists are so desperate to do: Discover intrinsic value.
Let me give you a counter example:
The price of a pile of shit is exactly $0. However, manufacturing piles of shit requires both resources and energy (and yet the price remains at $0).
An extreme example, I know, but it helps demonstrate why the Labor Theory of Value (in whatever form people concoct) is bullocks. Value is subjective.
D4Shawn 2 years ago 2
*bollocks (I mean)
D4Shawn 2 years ago
True...
But if you can not even give your "shit" away, then you are not going to be in business selling your shit for very long...
That is why I qualified my statements earlier saying if supply and demand are not out of whack...
You would have to be a fool to waste resources to manufacture shit... Well actually up here in the pacific northwest, people do pay money for it for gardening...
But I get what you are saying...
sublimetrance 2 years ago
It's true that people produce things in order to make a profit. As such, people are not likely to produce things which can't be sold for a profit (cost+markup).
The price of something however, does not necessarily correlate in any way with the energy required to produce said thing. The energy required to produce something is only ONE out of MANY qualities that give something it's value.
D4Shawn 2 years ago
I understand that D4Shawn...
That is why I said at its MOST BASIC LEVEL prices will reflect at least energy inputs costs.
If they don't then such a product or service will not be sold for very long unless it is subsidized some other way.
Your average businessman would call this covering costs and would understand exactly what I am saying.
Yes money and prices do indeed in a very basic way reflect energy inputs.
Economists might argue otherwise but look at the mess they have created.
sublimetrance 2 years ago
You're chasing a Marxist pipe dream. All humans are unique in terms of genetics & circumstances (& probably some other things we don't yet understand). What people value can not be reduced to a quantifiable unit, nor can it be attributed to a single arbitrary quality that goods/services possess (i.e. "labor value" , "energy inputs", shape, size, color, etc.). You're trying to reduce humans to robots. Humans however, are unique from each other, and value different things for different reasons.
D4Shawn 2 years ago
great comment !!
bebop54 2 years ago
I am lost in your..ahh.. explanation? You close: "value different things for different reasons." That would be why trade exists. As long as trade has existed..PM's have been a factor. No rocket science, and no amount of ideological sorting o labeling will change it.
rexoid 2 years ago
Unless I am misunderstanding him, he is not saying that prices are determined by the cost to produce like labor valueists.
It is that cost to produce (energy cost) put a floor under the possible price of any good.
If the value drops under the cost to produce, then people will stop producing and supply will drop until supply and demand are balanced. This will bring value back up in line with cost to produce. That or no one will produce that good any longer.
hankhktulu 2 years ago
I honestly don't think it's clear what he's trying to say. However, I think he's trying to do more than state the obvious (as you have suggested). I think he should write an essay or something clarifying and expanding upon his position. He could post it on a blog or something. At this point, I believe the language he is using is too vague for us to determine what he is trying to convey. Perhaps this just isn't a suitable forum for the expression of such an idea.
D4Shawn 2 years ago
Yeah its not really... I know I never seem to be able to clearly communicate my ideas in youtube comments.
500 Characters is just too few to respond to another person and expand on the idea. Then there are the language barriers on top of that.
Whatever... the whole conversation train here is one of the best I have seen in youtube. Daniel has some of the most intellegent viewers out there.
hankhktulu 2 years ago
Also, you shouldn't confuse economists with propagandists. The fact that most so-called "economists" simply serve their political and financial masters, says very little about real economics. It does however, say a lot about those in power, and the gullibility and apathy of the general public.
As Peter Schiff would say, Keynesian economists are to economics what witch doctors are to medical science.
D4Shawn 2 years ago
Well, if pricing is based on energy, that would put the patent-portfolio companies (Microshaft and Pharma) out of business.
jcwitness 2 years ago
beautiful. This makes a lot of sense.
what is the formula for work again?
work = force X distance?
chews4life 2 years ago
I am glad to see someone else point this out. I am a mechanical engineer, and my , to use your words, energy accounting background has made understanding economics much easier for me.
hankhktulu 2 years ago
Great so far!
SiCoFgOvErNmEnT 2 years ago
ha ha One of the reasons I left California was due to the weather.
Love your shirt. How far out are you!
Now seriously, great report. How exciting for you.
Good news with Gold. I just recently started buying more. And no, I wouldn't touch an etf.
5***** all around.
Peace lol
Kashmir2000is 2 years ago
I love your shirt. If only 50% of guys who have been married would just say the same thing. God bless you and the work you do. Keep it up man.
psxwarrior 2 years ago 2
:) thx
visionvictory 2 years ago
keep them coming.
psbyowner 2 years ago
Part 2 and 3 will upload on Sunday.
Part 2 will be on visionvictory
Part 3 will be on VictoryIndependence
visionvictory 2 years ago
SUNDAY! I can't wait until Sunday!!
ha ha looking forward to it (what a tease)
Kashmir2000is 2 years ago