The only ppl panicking are those invested in paper silver, and those with no balls to hold on... Just chill. Paper *traders* need to panick, all they have is the paper, they need someone to perceive value in it. Physical *stackers* have ounces of silver, that are still needed in industry. We might be pegged price wise to the paper, but that just works in our favor at times like this. Don't sell, and only buy physical. There is a difference.
@ajgsavage sure, if your a day trader or short they called one temporary top on Ag. I'm loong and $50 is not even close to where its going to finish when the ponzi collapses, so I could care less
The basic complaint is that, for me I would like to an average monthly purchase of $200 to $300 a month to buy silver. I am not truely disciplined enough to save up $2,000 or $12,000 in 1 or 10 years and buy silver in bulk. I guess I am still new to this have baught total 50 and change oz of bothe Junk and .999 in the last 8 mo.
@schmittchen72 Nothing wrong with that plan, especially when it does dips like its doing now. Continue buying your periodic purchases and watch your returns skyrocket. If you save cash up to buy silver you'll usually see that you'll not get as much over time, so convert when you can, and keep stacking :)
@zimbotiger LOL, OMG, you're right it's a bubble being formed on USD! Run people, run for your lives
... and buy precious metals!
Seriously, where are the MSM? Any upward move for any period of time, and the MSM were all over the place with their anti Gold/Silver hype/bubble theory.
Plus, this whole recent silver drop is over exaggerated. A few Goldman insiders forced a Goldman owned CME to rise margins in order to save Goldman from bankruptcy, because of their massive short positions.
I am no jansen, but i think that people who hold onto their silver now without panicking will benefit immensely in the not too distant future. or would they?
When has silver been anything but a cheap metal used to make candlesticks and forks in the past computers and solar panels now. Not much has really changed. If you want to get rich you need to first change your definition of what rich is. Rich is a content state of mind, poor in an uncontented state of mind. Good luck.
@AryehTucci Coins, photography, jewelry, silverware, batteries, solder, catalysts, electronics, medical, mirrors, solar, water purification... How many of those uses affected your life today, I'm willing to bet atleast a few..
Excellent observation on living better than kings of the past, it can only be recognised when you realise that the benefit of others IS your benefit also, when everyone increases in abundance you increase also.
It is in your own best interest to see your brother succeed. The belief that you are separate from the rest of life is what leads you to think you can raise yourself up as opposed to other, and whenever anyone raises themselves this way by default they must put others down equally.
i cant understand the dislikes on this video, he's not abusing anyone or getting angry, he's just speaking his mind and informing people. thumbs up i say!!!!
It's real simply "The BANKERS" have a pozi scheme to manipulate markets at will with PAPER! Take away the "PAPER" and manipulation goes away. So I don't agree with Stellaconcepts last video that this pull back was healthy for silver because this run up was created by "The Bankers" to begin with! They use this EVENT to show people that holding precious metal is "RISKY". So the uneducated investor will dump their physical and go back into....... "PAPER"! Sprott is suspect for selling silver!
This is not some organic correction. Sorry. Have any other commodities had 5 margin hikes in the last week? Huh? Stop panicking and swinging your bladed weapons at the camera and think about it. Buy physical! I'm scraping together every penny I can to buy as much physical as I possibly can, and soon!
I like to think the internet was a big reason why the margins were raised . The silver market was overleveraged. Those traders got slaughtered. With a loss of cash and no metal. We still have the metal...hehehe. We didn't lose anything.
@ajgsavage or StellaConcepts too... in fact, lots of people could see it was looking toppy as every single technical indicator showed... however... this was just an intermediate top... nowhere near the ULTIMATE top.
@AgStrat people are too damn greedy, they get into a euphoria and all the sudden they think it wil go forever, this next rebound up should be well over 50 an ounce, but now youll see people sell off like crazy at 48 more than befroe because theyy'll fear another correction to 30 +. they need to understand that 50/oz imeans nothing today, silver should be in the 150-200 range on inflation alone, i hope they raise the margins duper high to weed out speculators...
You're a good man Joe. You're right about the educational system failing us... history books teach that FDR was a great US President... his first act was to steal the peoples gold and make it illegal... they ignore what Thomas Jefferson had to say about sound money in The Constitution and elsewhere... they don't mention how JFK wanted to give the people sound money and was a threat to the FED. Our media and our schools have been sold down the river.
I'll dip into my silver to buy things only after all my fiat money is gone.
Yeah - my cost avg is a lousy $37.5, but I don't care. I've got another $30,000 in fiat to live on (actually, slightly more): Ag will rise again by the time I eat that up.
Have peak oil and anthropogenic global warming (AGW) gone away? Human overpopulation? Crimes by politicians and bankers? No. Do American still give all votes and media attention to Republicrats and Demopubs? Yes.
@GTIboost5a Too late. I spent all my fiat on silver!
Price of Ag had better get to $100 by the end of this year, so I can trade it for food and water and a nice geothermal heating/cooling unit so I can get off natural gas heating.
I want to point out that EJ's analysis on silver completely left out the US fiscal picture and the USD's health condition. Assuming the Dollar is a stable measure of value, even relatively, maybe he can be right. But... the Dollar is not.
@biefapiqi Fundamentals don't Lie.. The dollar will continue its crash, just be patient.. wait this out and Buy on this dip. Keep stacking. Silver is valuable. Paper Fiat currency is worthless. My average cost is $9.50. I bought in November of 2008. National debt increases by 188 million every Hour. The world does NOT respect massive Debt. China will own us soon. All politicians are professional liars!
I do not care about a fraudulently derived silver spot price. I'm a buy now for physical and a strong buy when the fake paper silver manipu-magic drags the price down to high 20s/low 30s. Guessing 30 or 31 per oz will be our bottom...but I really don't care about price--I care about number of ounces owned.
This isnt a correction, it's a castration! Sorry guys, but this is not my idea of a good time. My nephew called today asking to borrow money, I told him he was about one week too late. Talk about bad timing!
I havent sold an ounce though, and am standing fast.
Ever seen the Movie (trading Places).? Thats whats happening now. Money and wealth are exchanging hands. There are people panicking. loosing their shirts, while others are taking profits!. Over 600 oil contracts exchanged in today alone. Now thats volumn and volatility.
Always Buy when things are on sale ! Never pay full price for anything. And Stop paying the Buyers premium and making those dealers rich. The sheep are panicking right now . They are selling fast as they can. Now is your opportunity. Get something of Real value . Silver bullion is what I invest in.
Personally, Im buying at 30.00. The only problem Im having is, who to buy from? The company that I usually buy from has risen its premiums to 3.00/oz. Any one know a dealer with a less expensive premium?
Tommorrow I Buy silver. The money that I am saving on gasoline, I am investing in SILVER. ! The commodities are falling, Oil, Gold, Silver Copper, natural gas. The dollar is being manipulated and held up artificially. The Dollar will be crashing in three weeks. But don't listen to me . see it for yourself. Remember the National debt rises 188 million each HOUR.
@popomp1 The Aussie version of Don Harold has "called" many things before that never happened.
Anyone with any trading experience could see this parabolic rise of Ag was going to stop/fail at some point. The jackpot question is... when will this sell off end?
I hope people are getting ready to buy because eventually, the US dollar will be toast. The 2nd greatest PM buying opportunity of all time is right around the corner.
As stocks sell off the money from the selling goes into cash. This pushes up the dollar index, which pushes down commodities. That coupled with the margin hikes add up to this big sell off. To me this is a buying oppertunity. The big firms make money by buying oversold stocks comm. ect. Then get you excited about buying them as well. Once you are excited about it they sell it to you. Getting out at the high price leaving you holding the bag. Don't let that happen this time. Buy @32 or below.
I will continue to buy physical PMs & educate my family/friends about the Fiat Ponzi. The FUNDOS haven't changed! Thanks Joe for continually making outstanding videos.
the more they drop it the better for us Silver lovers. Go buy on the cheap. I got me some from my fav dealer when it was @ $45. But I seen where it went $49.51 so no seeling for me. Just keep stacking!
I'm not sure what happen to Rawdoglet, but he bought shorts at 30 following a million dollar short at 30 done by an rich guy..... Now he closed his channel, wonder why? I wonder who the rich guy was who bought a million dollar short?. Any body know?
This is a flight to liquidity just like 2008. In 2008, silver dropped 60%. I don't think that there is even close to the same amount of energy in the flight to liquidity because there's no release valve like there was then. Interest rates cannot be lowered. MBS are alraedy bought and Fannie and Freddie are now fully backed by the Fed. The only relief valve now is for the Fed to print money to buy stuff. If they do, we will have hyperinflation and if they don't we will have system collapse.
Dollar in my case [£pound] average when buying physical silver in this type of market. little by little this way physical silver will make it's way into strong hands who cares about the price going down now {Mr Market is a Nutter} " Ben Graham" it's the fundementals of paper vs metal in the long run that count which one do you guys think will come out this crisis with the most value.
i just pulled the trigger, as did brother john. we all knew that major volatility was inevitable. don't bitch about the dip, accept it for the gift it is.
$ 36.16 silver? Wow, anyone who has dabbled in world economics knows that's a small price for a measure of security. Buy the dips- sellers (unless you bought ten years ago and/or have a bunker somewhere remote) are chumps. The USA's transition to a third world country is going to be rough. Think about it- Zimbabwe wasn't spraying their population with jumbo jets or releasing new diseases or updating wars. Relative to dollars, silver is the best buy I can think of. .
Just like many have said, the "speculators will be jumping ship." You can see who they are by their comments. People need to remember the reason why one hold's gold & silver...its a hedge against inflation. People are treating it like a stock & rushing to cash out into paper dollars, the same system we are fighting against by holding PM in the first place. Paper game is rigged, they're desperate! Same thing happened in the 20's they told people to turn in their gold, then price went up.
It is considered a strategic metal now. Gold on the other hand is not used in weapons and all these different products we use. Dont be surprised if the mint never releases the bullion silver eagle again. Im sure they will not if the "price" is too low. I would not be surprised if silver is priced where palladium is now in the next 3-18 months. Either which way, I will be buying silver while I can. If the gov calls in any metals like in 1933 it will be Ag not Au.
A few quick questions... Can silver go to zero? Is China still buying silver? If silver drops below $30.00... how many of us will buy silver? Is my money safe in the bank? Is my money safe in the markets? Food for thought.
@drac060 Silver can never go to zero, if you're paranoid which seems you are buy junk silver its government minted coinage. I'm praying it goes to $20, $10 or $5 would be better. Take your money out of the bank, if there's a financial collapse good-bye to your money and safe deposit box. Stock market is a steaming pile of manipulated shit, what do you own...nothing! Relax, corrections are normal. Back in 08' between march & Nov silver went from $21 back down to $9 that's over 100%
@D33Lux Hey thanks for the reply. I was just throwing out questions for people to ponder... lol I keep only enough money in the bank to cover my monthly living expenses, always have and always will. I have been buying silver since early 2010. I invest just enough money in the market to receive the free money from the company I work for... (matching funds contribution) People think I'm crazy for buying silver. Thanks again.
I'm in it for the long term.I've invested most of my retirement in physical,and God willing,i think i did the right thing.Inflation is climbing,along w/unemployment,while the usd,is plunging....I'll stand by the bibles predictions on silver & gold,not by the people who are the direct cause of the shape the countrys in now...
Guys, this is all manipulation. The CME is playing games by raising margin requirements. The speckies are dumping and many are getting margin calls.
This price drop is a gift. NOTHING has changed. The Fed is printing money like it's going out of style. QE3 is next. The USD is a dead cat bouncing.
Look to the gold chart for overall tech support. The 150 DMA (ie. $1400 or so) is strong support. Based on that, Ag should drop much further. Keep your powder dry and get ready to BUY.
The lesson you need to teach is the price is bogus. Dont trade buy physical. The reason you are into silver is because cash is trash. Once we default is when it will be time to cash in. Jumping in and out in a manipulated market is dumb. It isn't a free market and the price is a cartoon. Just see through this crap and wake me when the dollar crashes or we are on a gold standard...or the gold ratio is double the dow. I mean if you like roller coasters have your fun.
Yoga? hmmm maybe praying for your soul/body is a life long investment and the richest of all retirement. To whom you ask? well if the evil ones worship Satan/Lucifer with all ther Illuminati pryramids and 11,33,9's on everything, I think the one Satan hates is Ehyeh(god). Why did they(Vatican) take His name out of the Bible and put in pagan names like God,Jesus,Lord. Hmmm.
Thanks for doing what you do. Your words are always informational, educational and I'm sure it reassures many of the Silver investors that why they started investing in Silver was the right decision. We've learned so much from you and I just want to let you know WE APPRECIATE YOU! Thank you very much!
I think alot of people are buying and holding on to silver to prep for 2012. I think that silver will keep going up as long as people are worried about the future and our currency.I'm not worried about the prices because all you have to do is look on EBAY and you can tell that there is still demand for silver @ $50 an ounce...Don't panic sell, it is gonna come back, the only silver being sold is in paper form..
I don't see this pull-back being anything more than market manipulation. I am not going to unload one ounce and I am skeptical that the physical price will break $35. I see this as an attack on the little guy by Wall Street to attempt to scare people out of their metal and back into dollars so their theft can be complete.
There is something big on the horizon and I think that silver will be viewed as money by even the sheeple really soon.
@Survival4theFamily tho buying at the highs seems to be hurting me right now I am gonna trust the market forces and hold on also. I guess I should have listened to my head instead of my gut knowing that this was coming but I still needed a certain position and waiting just felt wrong. Hopefully Ill be proven right but if not then I guess Im in for a long and bitter ride.
I can think of many logical reasons that silver was near $50 an oz. I'm not sure "Correction" is the right word. Maybe Manipulation would be a better description as to what is happening with PM's
It was only 6 months ago when people were thinking silver was way high at 30. So when they are seeing 35 they are now thinking the world is caving in. As fast as this dropped it will rise. It's very hard to predict short term ups & downs. Just hold. Patience. In 4 weeks you may forget that silver ever dipped.
I sold all my silver when the gold to silver ratio hit 40 on its way down and made a swap for gold, and when the ratio goes back up I will swap back to silver. That strategy was free advice from Franklin Sanders, the moneychanger... and it paid off.
I don't mind them holding down silver for a while, but it is pissing me off to see those GD traders and JPM just keep cheating and cheating! I wish the American People just get these bastards heads on a plate soon!
@elucidative If JPM goes down, millions of Americans lose their savings. People were vocally against the bailouts, but how many of them kept their money in the big banks?
@silverfuturist I think the comex may already have defaulted by you aren't seeing in the news yet. They are stalling like crazy with deliveries. That means a fast price explosion. No one should worry about silver losing out for quite some time. I bet anyone that guessed 48 and sold is going back in silver or fishing for a bottom soon. Many guess wrong at 35 before and sold, whatever. They brag when they win. Doesn't mean they know.
Respond to this video... A comex default means a price explosion, which might have been to 70 very fast. in that case the ones that sold at 48 would be wrong. So CME raised margins 5 times. That gave a temporary slow down. China buys way more silver alone than any combination of small people on youtube or the net. Of course the vicious scammers will blame the smallest and screw them the most if you allow it. Just beware of the next steps.
@silverfuturist That is there Whole Game. Setting traps and making people do the opposite of what they should do. Like a game in a carnival. If someone bought silver at 48 , hold and be patient. It won't be a long wait. Reality has a way of catching up. They can't screw with the price forever or else it isn't coming out of the ground and then nothing gets mad. Then JPM exec can go sit in a cave and enjoy their pile of $100's. For heat or toilet paper.
@silverfuturist The problem people MAY face is that the lower the price goes, the smart people buy up. I'm noticing less and less physical available and I've been buying since 2006. I never noticed a shortage from the people I buy from, but there is. I hope it goes down to $5/oz I'd sell everything I own to buy in at that price. lol
Silver below 35 dollars a ounce is a gift. Remember people were just paying 45-48. Be patient, or don't be patient... either way you can get silver for cheap. You don't look a gift horse in the mouth.
@YouSayYouWantA I use Apmex for pricing, specifically what the dealer will pay you for silver. They will pay above spot for Eagles, but they will pay below spot for generic rounds. What a dealer is willing to pay tells me a lot.
@silverfuturist I agree with you. I am not trying to make a quick profit on silver, im trying to perserve my wealth. Im more fascinated with the idea of turning the federal reserves notes into silver to keep my money for the long run, although I am expecting it to drop some more but not dramatically to the point where I will get burned if I wait to long. I'm damned near ready to strike and I began a garden yesterday. Now where to start with adopting chickens?
@justme23 I think the lifespan of paper money will fool people... either it will expire before expected, or last longer than people anticipate. "The markets can stay irrational longer than most people can stay solvent" means people who have to pay bills will be forced to get fiat at any price.
Keep listening to the salesmen gold and silver tards. This 'correction' or whatever you want to call it, is just the beginning. Stack greenbacks not metal.
@SamuelMoralesJr I feel honored that my channel has caught the attention of professional trolls. It means I must be doing something right, for the longest time I couldn't get any shills to hassle me.
@waldentree I am still up about 280% on silver in just a few years. What has cash done for you lately? Oh yeah, now you need even more dollars to buy gas, food, etc.... Thanks for such a wise investment tip.
Over the last ten years the silver market has had many pullbacks of 15-35% ...I think this is another one of these pullbacks (imo)...why hasn't the margin been increased in other soaring futures like gas ?? Joe you are so right about the education system failing everyone...it is a neutered system that needs complete overhaul as does the regulatory officers who have turned a blind eye to all the financial corruption taking place. Im going to keep stacking and go against all conventional wisdom.
@EVRYMANaKING I agree with that . I also will continue stacking as I see this pull back as manipulation of the market. I see profit taking, which is Always good to take money off the table to lock in your gains, But I am stacking and taking posession of Physical silver Bullion. I see this as My last opportunity to Get Silver on sale! . 10% of your assets need to be in precious metals. The Dollar is still crashing in value.
AHHHHHHH AIDFJAKSDJGAWEVAJLDJKFAODVJE SLOW DOWN
TheOHHHHHYA 4 months ago
32MN ounce handle in COMEX registered silver which is only $1.2BN
$500/oz for silver if you want it
When COMEX goes to ZERO oz then the holders of silver will dictate it's fiat currency price
paulrprichard 9 months ago
type MYPRIZE as opposed to YOU in youtube and then press enter
ArianeMaldonado901 9 months ago
The only ppl panicking are those invested in paper silver, and those with no balls to hold on... Just chill. Paper *traders* need to panick, all they have is the paper, they need someone to perceive value in it. Physical *stackers* have ounces of silver, that are still needed in industry. We might be pegged price wise to the paper, but that just works in our favor at times like this. Don't sell, and only buy physical. There is a difference.
mikejadoti 9 months ago
@mikejadoti agree, paper price and physical price will dislocate big time moving forward.
liveforever72 9 months ago
I missed the peak to sell. I won't miss it the next time!
spooderdoggy 9 months ago
@ajgsavage sure, if your a day trader or short they called one temporary top on Ag. I'm loong and $50 is not even close to where its going to finish when the ponzi collapses, so I could care less
ExiledOzi 9 months ago
The basic complaint is that, for me I would like to an average monthly purchase of $200 to $300 a month to buy silver. I am not truely disciplined enough to save up $2,000 or $12,000 in 1 or 10 years and buy silver in bulk. I guess I am still new to this have baught total 50 and change oz of bothe Junk and .999 in the last 8 mo.
schmittchen72 9 months ago
@schmittchen72 Nothing wrong with that plan, especially when it does dips like its doing now. Continue buying your periodic purchases and watch your returns skyrocket. If you save cash up to buy silver you'll usually see that you'll not get as much over time, so convert when you can, and keep stacking :)
mikejadoti 9 months ago
@zimbotiger LOL, OMG, you're right it's a bubble being formed on USD! Run people, run for your lives
... and buy precious metals!
Seriously, where are the MSM? Any upward move for any period of time, and the MSM were all over the place with their anti Gold/Silver hype/bubble theory.
Plus, this whole recent silver drop is over exaggerated. A few Goldman insiders forced a Goldman owned CME to rise margins in order to save Goldman from bankruptcy, because of their massive short positions.
szybkilopez566 9 months ago
*holding*
trje246 9 months ago
I am no jansen, but i think that people who hold onto their silver now without panicking will benefit immensely in the not too distant future. or would they?
nayanmalig 9 months ago
When has silver been anything but a cheap metal used to make candlesticks and forks in the past computers and solar panels now. Not much has really changed. If you want to get rich you need to first change your definition of what rich is. Rich is a content state of mind, poor in an uncontented state of mind. Good luck.
AryehTucci 9 months ago 2
@AryehTucci Coins, photography, jewelry, silverware, batteries, solder, catalysts, electronics, medical, mirrors, solar, water purification... How many of those uses affected your life today, I'm willing to bet atleast a few..
mikejadoti 9 months ago
This has been flagged as spam show
Joe, you might want to check out this guys channel. [ cedec0 ]especially the feddfraudvideo.
bastardchildofmary 9 months ago
long term holders just need to remember to count their wealth in OZ's, not in fiat.
troybr79 9 months ago 3
Excellent observation on living better than kings of the past, it can only be recognised when you realise that the benefit of others IS your benefit also, when everyone increases in abundance you increase also.
It is in your own best interest to see your brother succeed. The belief that you are separate from the rest of life is what leads you to think you can raise yourself up as opposed to other, and whenever anyone raises themselves this way by default they must put others down equally.
Danster82 9 months ago 3
@zimbotiger OMG! DOLLAR BUBBLE!! RUN!!!!
8thframe 9 months ago
i did learn something... thks
slvdarwish 9 months ago
i cant understand the dislikes on this video, he's not abusing anyone or getting angry, he's just speaking his mind and informing people. thumbs up i say!!!!
TheJourneyAgent 9 months ago 5
Hold...hold...hold...people still don't understand. This is not about profit & loss, but everyone thinks it is.
veritasfiles 9 months ago
It's real simply "The BANKERS" have a pozi scheme to manipulate markets at will with PAPER! Take away the "PAPER" and manipulation goes away. So I don't agree with Stellaconcepts last video that this pull back was healthy for silver because this run up was created by "The Bankers" to begin with! They use this EVENT to show people that holding precious metal is "RISKY". So the uneducated investor will dump their physical and go back into....... "PAPER"! Sprott is suspect for selling silver!
stelmorVH 9 months ago
"“Procrastination is the Thief of Opportunity.” I know I will be buying some this month. Another reason is to collect silver coins.
HitomiKagewaki 9 months ago
Dexter would love that shed....
TheVinceson 9 months ago
thx doooood! u still have the best silver youtube channel
solojam 9 months ago
This is not some organic correction. Sorry. Have any other commodities had 5 margin hikes in the last week? Huh? Stop panicking and swinging your bladed weapons at the camera and think about it. Buy physical! I'm scraping together every penny I can to buy as much physical as I possibly can, and soon!
ENLIL2000 9 months ago
Silver margins to 84%. WOW. the morons at cnbc are all happy about the slide. If they only did that to stocks, their would be a stock market crash.
DontMeanWell 9 months ago
Just ate some vegetable homemade soup, with extra onion, garlic and oragano.. Just had to share.
GTIboost5a 9 months ago
sell lol
charlesfuchs 9 months ago
its in the 34 range now
Enemyatthegates1 9 months ago
I like to think the internet was a big reason why the margins were raised . The silver market was overleveraged. Those traders got slaughtered. With a loss of cash and no metal. We still have the metal...hehehe. We didn't lose anything.
bobsr3 9 months ago
@ajgsavage or StellaConcepts too... in fact, lots of people could see it was looking toppy as every single technical indicator showed... however... this was just an intermediate top... nowhere near the ULTIMATE top.
AgStrat 9 months ago
@AgStrat people are too damn greedy, they get into a euphoria and all the sudden they think it wil go forever, this next rebound up should be well over 50 an ounce, but now youll see people sell off like crazy at 48 more than befroe because theyy'll fear another correction to 30 +. they need to understand that 50/oz imeans nothing today, silver should be in the 150-200 range on inflation alone, i hope they raise the margins duper high to weed out speculators...
Enemyatthegates1 9 months ago
You're a good man Joe. You're right about the educational system failing us... history books teach that FDR was a great US President... his first act was to steal the peoples gold and make it illegal... they ignore what Thomas Jefferson had to say about sound money in The Constitution and elsewhere... they don't mention how JFK wanted to give the people sound money and was a threat to the FED. Our media and our schools have been sold down the river.
AgStrat 9 months ago 2
I'll dip into my silver to buy things only after all my fiat money is gone.
Yeah - my cost avg is a lousy $37.5, but I don't care. I've got another $30,000 in fiat to live on (actually, slightly more): Ag will rise again by the time I eat that up.
Have peak oil and anthropogenic global warming (AGW) gone away? Human overpopulation? Crimes by politicians and bankers? No. Do American still give all votes and media attention to Republicrats and Demopubs? Yes.
Hang onto Ag.
mphello 9 months ago
@mphello Get rid of that fiatttt, buy food and water.
GTIboost5a 9 months ago
@GTIboost5a Too late. I spent all my fiat on silver!
Price of Ag had better get to $100 by the end of this year, so I can trade it for food and water and a nice geothermal heating/cooling unit so I can get off natural gas heating.
mphello 9 months ago
Love your tool shed.
1beinki 9 months ago
BUY ON THE DIP #LOL
KhmerD0g 9 months ago
AAAmen That was totally awesome. I totally agree about pubEd. Dr,s of Phylosophy w/o Phylosophy. What a scam. Your show is the best. Thanks.
milestracy 9 months ago
I want to point out that EJ's analysis on silver completely left out the US fiscal picture and the USD's health condition. Assuming the Dollar is a stable measure of value, even relatively, maybe he can be right. But... the Dollar is not.
biefapiqi 9 months ago
@biefapiqi Fundamentals don't Lie.. The dollar will continue its crash, just be patient.. wait this out and Buy on this dip. Keep stacking. Silver is valuable. Paper Fiat currency is worthless. My average cost is $9.50. I bought in November of 2008. National debt increases by 188 million every Hour. The world does NOT respect massive Debt. China will own us soon. All politicians are professional liars!
merlinspower 9 months ago
@merlinspower [hi-five] my average cost was $11ish, bought in Sept-Nov 2008!
biefapiqi 9 months ago
I do not care about a fraudulently derived silver spot price. I'm a buy now for physical and a strong buy when the fake paper silver manipu-magic drags the price down to high 20s/low 30s. Guessing 30 or 31 per oz will be our bottom...but I really don't care about price--I care about number of ounces owned.
Aceload 9 months ago 20
@Aceload wow 31 huh?
GTIboost5a 9 months ago
I'm a buy now for physical and a strong buy when the fake paper silver manipu-magic drags the price down to high 20s/low 30s.
Aceload 9 months ago
You need balls to be in the silver game , having big hairy ones also helps .
BIGHAIRYSILVERBALLS 9 months ago
Fuck silver is done.
theUSER101 9 months ago
LOL Way to whack it! Thanks for the vid. SILVER IS ON SALE. I'm buying!!!!
hejira11 9 months ago
This isnt a correction, it's a castration! Sorry guys, but this is not my idea of a good time. My nephew called today asking to borrow money, I told him he was about one week too late. Talk about bad timing!
I havent sold an ounce though, and am standing fast.
tikiduck 9 months ago
good vid well said,
billy123174 9 months ago
Ever seen the Movie (trading Places).? Thats whats happening now. Money and wealth are exchanging hands. There are people panicking. loosing their shirts, while others are taking profits!. Over 600 oil contracts exchanged in today alone. Now thats volumn and volatility.
merlinspower 9 months ago
Always Buy when things are on sale ! Never pay full price for anything. And Stop paying the Buyers premium and making those dealers rich. The sheep are panicking right now . They are selling fast as they can. Now is your opportunity. Get something of Real value . Silver bullion is what I invest in.
merlinspower 9 months ago
well... at least you did mention the chickens.....
CelticReject 9 months ago
As soon as it hits 30 bucks I am buying 500 oz. I have been waiting for a few months for this. Dummies keep selling :)
81mrsmitty 9 months ago 2
Personally, Im buying at 30.00. The only problem Im having is, who to buy from? The company that I usually buy from has risen its premiums to 3.00/oz. Any one know a dealer with a less expensive premium?
jat1668 9 months ago
Oil fell by $10.52 today alone, and Gold fell over $47.00 !
merlinspower 9 months ago
Tommorrow I Buy silver. The money that I am saving on gasoline, I am investing in SILVER. ! The commodities are falling, Oil, Gold, Silver Copper, natural gas. The dollar is being manipulated and held up artificially. The Dollar will be crashing in three weeks. But don't listen to me . see it for yourself. Remember the National debt rises 188 million each HOUR.
Do your own research and Good Luck everyone
merlinspower 9 months ago
stella concepts called this on youtube
popomp1 9 months ago
@popomp1 The Aussie version of Don Harold has "called" many things before that never happened.
Anyone with any trading experience could see this parabolic rise of Ag was going to stop/fail at some point. The jackpot question is... when will this sell off end?
I hope people are getting ready to buy because eventually, the US dollar will be toast. The 2nd greatest PM buying opportunity of all time is right around the corner.
JP5466 9 months ago
As stocks sell off the money from the selling goes into cash. This pushes up the dollar index, which pushes down commodities. That coupled with the margin hikes add up to this big sell off. To me this is a buying oppertunity. The big firms make money by buying oversold stocks comm. ect. Then get you excited about buying them as well. Once you are excited about it they sell it to you. Getting out at the high price leaving you holding the bag. Don't let that happen this time. Buy @32 or below.
TheDeathbycancer 9 months ago
I will continue to buy physical PMs & educate my family/friends about the Fiat Ponzi. The FUNDOS haven't changed! Thanks Joe for continually making outstanding videos.
constant56 9 months ago
the more they drop it the better for us Silver lovers. Go buy on the cheap. I got me some from my fav dealer when it was @ $45. But I seen where it went $49.51 so no seeling for me. Just keep stacking!
Msjluv2010 9 months ago
Hey Joe, where you goin with that weed whacker in yo hand? :D
whygoldandsilver 9 months ago
I'm not sure what happen to Rawdoglet, but he bought shorts at 30 following a million dollar short at 30 done by an rich guy..... Now he closed his channel, wonder why? I wonder who the rich guy was who bought a million dollar short?. Any body know?
btigtime2 9 months ago
My wife said I can put two hundred into Silver if it goes down to 25.... Please sell your silver, I need it.
btigtime2 9 months ago
@btigtime2 You're joking right?
GTIboost5a 9 months ago
This is a flight to liquidity just like 2008. In 2008, silver dropped 60%. I don't think that there is even close to the same amount of energy in the flight to liquidity because there's no release valve like there was then. Interest rates cannot be lowered. MBS are alraedy bought and Fannie and Freddie are now fully backed by the Fed. The only relief valve now is for the Fed to print money to buy stuff. If they do, we will have hyperinflation and if they don't we will have system collapse.
FlipThatBond 9 months ago
Dollar in my case [£pound] average when buying physical silver in this type of market. little by little this way physical silver will make it's way into strong hands who cares about the price going down now {Mr Market is a Nutter} " Ben Graham" it's the fundementals of paper vs metal in the long run that count which one do you guys think will come out this crisis with the most value.
MrGmoneyez 9 months ago
I think you ought to not do videos with farming equipment in your hands, especially a high energy guy like yourself.
doc7474 9 months ago
You know I always thought it would be nice to meet up with you if I ever went to US, but Im thinking twice esp with all your weapons ;)
RenkoTrader 9 months ago
Is there a tool for Chicken Whacking? lol
TheSilverWatch 9 months ago
@TheSilverWatch
a traffic cone and a knife. Put chicken in the cone so the head sticks out the small hole then SLICE
FuriousPixel 9 months ago
You have all been played! with the old band wagon scam. The banks are laughing. there ass off. Free market made me LOL.
goodagofilms 9 months ago
i just pulled the trigger, as did brother john. we all knew that major volatility was inevitable. don't bitch about the dip, accept it for the gift it is.
chiefjusticecoke 9 months ago
just got 40 libertads at 37.. :D
dcblyke 9 months ago
Silver @ 35.56 : O
zimwk 9 months ago
dude, I hope u r right...I have 18yrs till I retire, and I'm sitting on an assload of silver....**nervous**
Johnnyrockva 9 months ago
Buy time at $32.00
GenesisChiropractic 9 months ago
$35.78
GenesisChiropractic 9 months ago
$ 36.16 silver? Wow, anyone who has dabbled in world economics knows that's a small price for a measure of security. Buy the dips- sellers (unless you bought ten years ago and/or have a bunker somewhere remote) are chumps. The USA's transition to a third world country is going to be rough. Think about it- Zimbabwe wasn't spraying their population with jumbo jets or releasing new diseases or updating wars. Relative to dollars, silver is the best buy I can think of. .
hozayamz 9 months ago
@hozayamz blah blah blah blah ........... what do you know about Zimabwe. Blah blah blah blah
cray32 9 months ago
This has been flagged as spam show
@hozayamz blah blah blah blah ........... what do you know about Zimbabwe. Blah blah blah blah
cray32 9 months ago
no more tools
roccotaco10 9 months ago
Russia, Mexico & Thailand increased metals Feb & March. Thats all you need to know. Keep stackin
PatriotWatchUSA 9 months ago
@christinaandzack LMAO
D33Lux 9 months ago
Just like many have said, the "speculators will be jumping ship." You can see who they are by their comments. People need to remember the reason why one hold's gold & silver...its a hedge against inflation. People are treating it like a stock & rushing to cash out into paper dollars, the same system we are fighting against by holding PM in the first place. Paper game is rigged, they're desperate! Same thing happened in the 20's they told people to turn in their gold, then price went up.
D33Lux 9 months ago
The tool actually looks like the ten-year silver chart.
Zervic 9 months ago
Off with Rockies head!
airconditionerking 9 months ago
Well done.
32937isready 9 months ago
if this is all about silver why are gold, plat, pallad...all falling???
therealcraqerjaq 9 months ago
@therealcraqerjaq All commodities are falling
PatriotWatchUSA 9 months ago
YOU'RE GOING TO POKE YOUR EYE OUT KID!!!!
IDLER223 9 months ago
It is considered a strategic metal now. Gold on the other hand is not used in weapons and all these different products we use. Dont be surprised if the mint never releases the bullion silver eagle again. Im sure they will not if the "price" is too low. I would not be surprised if silver is priced where palladium is now in the next 3-18 months. Either which way, I will be buying silver while I can. If the gov calls in any metals like in 1933 it will be Ag not Au.
4cowboy4 9 months ago
One more post for this video... the chart I just looked at has silver up 18.1% since January, 2011 and silver up 96.7% since May, 2010.
drac060 9 months ago
Is Adrian broody? When will we see little Rocky,s
milestracy 9 months ago
Long Term baby, don't let the Bull buck you off, hold tight.
Dillingerescplan 9 months ago
A few quick questions... Can silver go to zero? Is China still buying silver? If silver drops below $30.00... how many of us will buy silver? Is my money safe in the bank? Is my money safe in the markets? Food for thought.
silverfuturist thnx for the video
drac060 9 months ago
@drac060 Silver can never go to zero, if you're paranoid which seems you are buy junk silver its government minted coinage. I'm praying it goes to $20, $10 or $5 would be better. Take your money out of the bank, if there's a financial collapse good-bye to your money and safe deposit box. Stock market is a steaming pile of manipulated shit, what do you own...nothing! Relax, corrections are normal. Back in 08' between march & Nov silver went from $21 back down to $9 that's over 100%
D33Lux 9 months ago
@D33Lux Hey thanks for the reply. I was just throwing out questions for people to ponder... lol I keep only enough money in the bank to cover my monthly living expenses, always have and always will. I have been buying silver since early 2010. I invest just enough money in the market to receive the free money from the company I work for... (matching funds contribution) People think I'm crazy for buying silver. Thanks again.
drac060 9 months ago
you are a good man joe... thank you for taking us along on your journey of learning... :-)
skybirdbird 9 months ago
You are a cool person, sir.
blackswanflea 9 months ago
euro going down hard now
sinterminator 9 months ago
Would be nice to see silver in the teens, then I can back up the truck and laugh, HARD!
TeunisD 9 months ago
I like the fact that my cost to average will get better if silver keeps dropping. Other then that FUUUUCCKKK!!!
TheShadowShow00 9 months ago
I AM RICK JAMES
BMWg84 9 months ago
@BMWg84 I am Prince, and i just stole your girlfriend. Ow-wa !
raspberrybaggio 9 months ago
My 2 local shops have no silver, its completely sold out
lilbromarky1 9 months ago
@lilbromarky1 there's one born every minute
waldentree 9 months ago
I'm in it for the long term.I've invested most of my retirement in physical,and God willing,i think i did the right thing.Inflation is climbing,along w/unemployment,while the usd,is plunging....I'll stand by the bibles predictions on silver & gold,not by the people who are the direct cause of the shape the countrys in now...
1dabirdman 9 months ago
36.5 ATM
frenchy137 9 months ago
Guys, this is all manipulation. The CME is playing games by raising margin requirements. The speckies are dumping and many are getting margin calls.
This price drop is a gift. NOTHING has changed. The Fed is printing money like it's going out of style. QE3 is next. The USD is a dead cat bouncing.
Look to the gold chart for overall tech support. The 150 DMA (ie. $1400 or so) is strong support. Based on that, Ag should drop much further. Keep your powder dry and get ready to BUY.
JP5466 9 months ago
The lesson you need to teach is the price is bogus. Dont trade buy physical. The reason you are into silver is because cash is trash. Once we default is when it will be time to cash in. Jumping in and out in a manipulated market is dumb. It isn't a free market and the price is a cartoon. Just see through this crap and wake me when the dollar crashes or we are on a gold standard...or the gold ratio is double the dow. I mean if you like roller coasters have your fun.
slampiece99 9 months ago 3
I think you'll run out of chickens before you run out of tools
U2Berror 9 months ago
It's not only silver gettning hammered, gold/plat/plad is getting hit as well.
smasila 9 months ago
@smasila I think its commodities across the board
pdxeddie1111 9 months ago
@smasila oil too...
skybirdbird 9 months ago
Have you had a stroke recently or are you just nervous in this video?
mysql0 9 months ago
@mysql0 welcome newbie. He's just that. Just hear what he said.
LumpSumBoy 9 months ago
@talkwars
Seriously, they could probably make Tepco's value go up if they wanted
talkwars 9 months ago
Yoga? hmmm maybe praying for your soul/body is a life long investment and the richest of all retirement. To whom you ask? well if the evil ones worship Satan/Lucifer with all ther Illuminati pryramids and 11,33,9's on everything, I think the one Satan hates is Ehyeh(god). Why did they(Vatican) take His name out of the Bible and put in pagan names like God,Jesus,Lord. Hmmm.
mattandpatti222 9 months ago
@mattandpatti222 You would enjoy Dan Winters lectures, watch "Esoteric Knowledge IV" its quite interesting.
gibbo675 9 months ago
@apg2369 one day you'll be dead..
waldentree 9 months ago
Thanks for doing what you do. Your words are always informational, educational and I'm sure it reassures many of the Silver investors that why they started investing in Silver was the right decision. We've learned so much from you and I just want to let you know WE APPRECIATE YOU! Thank you very much!
-Mavenproject
MavenProject 9 months ago 19
I don't mind having bought silver even at $50.
The lessons I learnt at that price are still cheaper than signing up for some financial education courses or hiring a financial advisor.
MyOwnYTAccount 9 months ago 3
I think alot of people are buying and holding on to silver to prep for 2012. I think that silver will keep going up as long as people are worried about the future and our currency.I'm not worried about the prices because all you have to do is look on EBAY and you can tell that there is still demand for silver @ $50 an ounce...Don't panic sell, it is gonna come back, the only silver being sold is in paper form..
mechanisto1832 9 months ago 2
SLA troops, get int here and buy, buy, buy! Empty out the bank vaults! SIlver Keisers are SOLD OUT!
andreatung 9 months ago
I don't see this pull-back being anything more than market manipulation. I am not going to unload one ounce and I am skeptical that the physical price will break $35. I see this as an attack on the little guy by Wall Street to attempt to scare people out of their metal and back into dollars so their theft can be complete.
There is something big on the horizon and I think that silver will be viewed as money by even the sheeple really soon.
Survival4theFamily 9 months ago 3
@Survival4theFamily tho buying at the highs seems to be hurting me right now I am gonna trust the market forces and hold on also. I guess I should have listened to my head instead of my gut knowing that this was coming but I still needed a certain position and waiting just felt wrong. Hopefully Ill be proven right but if not then I guess Im in for a long and bitter ride.
pdxeddie1111 9 months ago
Correction - To rectify an illogical state.
I can think of many logical reasons that silver was near $50 an oz. I'm not sure "Correction" is the right word. Maybe Manipulation would be a better description as to what is happening with PM's
MsLondonLock 9 months ago
@MsLondonLock I'm with you on that one.
thrasher956 9 months ago
It was only 6 months ago when people were thinking silver was way high at 30. So when they are seeing 35 they are now thinking the world is caving in. As fast as this dropped it will rise. It's very hard to predict short term ups & downs. Just hold. Patience. In 4 weeks you may forget that silver ever dipped.
syyenergy7 9 months ago 3
Silver is perfect canary in the coal mine.
mayo705 9 months ago
I sold all my silver when the gold to silver ratio hit 40 on its way down and made a swap for gold, and when the ratio goes back up I will swap back to silver. That strategy was free advice from Franklin Sanders, the moneychanger... and it paid off.
iFreedom4ever 9 months ago
I don't mind them holding down silver for a while, but it is pissing me off to see those GD traders and JPM just keep cheating and cheating! I wish the American People just get these bastards heads on a plate soon!
elucidative 9 months ago 3
@elucidative If JPM goes down, millions of Americans lose their savings. People were vocally against the bailouts, but how many of them kept their money in the big banks?
silverfuturist 9 months ago 8
@silverfuturist I think the comex may already have defaulted by you aren't seeing in the news yet. They are stalling like crazy with deliveries. That means a fast price explosion. No one should worry about silver losing out for quite some time. I bet anyone that guessed 48 and sold is going back in silver or fishing for a bottom soon. Many guess wrong at 35 before and sold, whatever. They brag when they win. Doesn't mean they know.
syyenergy7 9 months ago
Respond to this video... A comex default means a price explosion, which might have been to 70 very fast. in that case the ones that sold at 48 would be wrong. So CME raised margins 5 times. That gave a temporary slow down. China buys way more silver alone than any combination of small people on youtube or the net. Of course the vicious scammers will blame the smallest and screw them the most if you allow it. Just beware of the next steps.
syyenergy7 9 months ago
@syyenergy7 That could be a scenario, just when people lose hope on silver it explodes up, and they can't buy it back cheap.
silverfuturist 9 months ago 5
@silverfuturist That is there Whole Game. Setting traps and making people do the opposite of what they should do. Like a game in a carnival. If someone bought silver at 48 , hold and be patient. It won't be a long wait. Reality has a way of catching up. They can't screw with the price forever or else it isn't coming out of the ground and then nothing gets mad. Then JPM exec can go sit in a cave and enjoy their pile of $100's. For heat or toilet paper.
syyenergy7 9 months ago 2
@silverfuturist The problem people MAY face is that the lower the price goes, the smart people buy up. I'm noticing less and less physical available and I've been buying since 2006. I never noticed a shortage from the people I buy from, but there is. I hope it goes down to $5/oz I'd sell everything I own to buy in at that price. lol
D33Lux 9 months ago
@silverfuturist Buy your guns, can foods, silver, and gold.
desertstorm21 9 months ago
Silver below 35 dollars a ounce is a gift. Remember people were just paying 45-48. Be patient, or don't be patient... either way you can get silver for cheap. You don't look a gift horse in the mouth.
dispersingweight 9 months ago
@silverfuturist If someone has their money in JPM they are part of the problem.
elucidative 9 months ago
I know why silver, and gold are correcting, and declining, because they are rushing to bitcoins. DaVinci created a bitcoin rush.
SamuelMoralesJr 9 months ago
@SamuelMoralesJr guessing that the silver and gold bugs are transforming into "bitcoins bugs" is crazy, where are the numbers Mr. Morales?
bezant1971 9 months ago
I'm in for the long haul, wealth preservation is the ultimate goal.
GOO SILVERFUTURIST
PurpleHeart1 9 months ago
Physical is still selling for over 40 on ebay.
YouSayYouWantA 9 months ago
@YouSayYouWantA I use Apmex for pricing, specifically what the dealer will pay you for silver. They will pay above spot for Eagles, but they will pay below spot for generic rounds. What a dealer is willing to pay tells me a lot.
silverfuturist 9 months ago
another very informative post. each video you do, shows what high moral character you have. keep up the good work ! misterc437
misterc437 9 months ago
"But those who expect to buy when it goes down to a certain price will probably lose out." why joe?
justme23 9 months ago
@justme23 The madness of crowds... I am generalizing, if everybody was able to buy at the right price then the price would be flat all the time.
silverfuturist 9 months ago
@silverfuturist I agree with you. I am not trying to make a quick profit on silver, im trying to perserve my wealth. Im more fascinated with the idea of turning the federal reserves notes into silver to keep my money for the long run, although I am expecting it to drop some more but not dramatically to the point where I will get burned if I wait to long. I'm damned near ready to strike and I began a garden yesterday. Now where to start with adopting chickens?
justme23 9 months ago
@justme23 I think the lifespan of paper money will fool people... either it will expire before expected, or last longer than people anticipate. "The markets can stay irrational longer than most people can stay solvent" means people who have to pay bills will be forced to get fiat at any price.
silverfuturist 9 months ago
@silverfuturist I agree with you, but only when the fiat money remain at same quaitities, and the production of silver remains estable
bezant1971 9 months ago
Great video thanks!
mikeashley24 9 months ago
Keep listening to the salesmen gold and silver tards. This 'correction' or whatever you want to call it, is just the beginning. Stack greenbacks not metal.
waldentree 9 months ago
@waldentree you joking right? Lol.
SamuelMoralesJr 9 months ago
@SamuelMoralesJr I feel honored that my channel has caught the attention of professional trolls. It means I must be doing something right, for the longest time I couldn't get any shills to hassle me.
silverfuturist 9 months ago 2
@SamuelMoralesJr ...no
waldentree 9 months ago
@waldentree I could use more toilet paper now that you mention it.
Joe11Blue 9 months ago
@waldentree
I facepalmed so hard reading your comment I broke my nose.
TheAsfaloth 9 months ago
@waldentree I am still up about 280% on silver in just a few years. What has cash done for you lately? Oh yeah, now you need even more dollars to buy gas, food, etc.... Thanks for such a wise investment tip.
Lengarces 9 months ago 2
@waldentree Have Fun!!
savgal1211 9 months ago
@savgal1211 I am :) thankyou
waldentree 9 months ago
GO SILVER! Its reaching its low, go buy!
TylerThrashPeace 9 months ago
Great video as always. Thank you. :-)
Musique3579 9 months ago
Over the last ten years the silver market has had many pullbacks of 15-35% ...I think this is another one of these pullbacks (imo)...why hasn't the margin been increased in other soaring futures like gas ?? Joe you are so right about the education system failing everyone...it is a neutered system that needs complete overhaul as does the regulatory officers who have turned a blind eye to all the financial corruption taking place. Im going to keep stacking and go against all conventional wisdom.
EVRYMANaKING 9 months ago 2
@EVRYMANaKING I agree with that . I also will continue stacking as I see this pull back as manipulation of the market. I see profit taking, which is Always good to take money off the table to lock in your gains, But I am stacking and taking posession of Physical silver Bullion. I see this as My last opportunity to Get Silver on sale! . 10% of your assets need to be in precious metals. The Dollar is still crashing in value.
merlinspower 9 months ago