This is just another bubble! It's going to burst like the real estate market. I have to check it out, but the reserve hasn't been backed by precious metals since the 1970's. The only thing backing our country now is our national parks which are being held as collateral. Soon other countries will come collecting and then we won't even own our national parks.
Those investing are betting on everyone jumping in out of fear. Until the magin is enough for the few to make a "mint"
@makeitcountUSA What gold/silver bubble is there? Whenever precious metals had too big of a rise and significantly lowered in recent years, skeptics said "the bubble burst". Silver rose to $50 an oz in April 2011 and then dropped down to $33. However, that was still significantly higher than the $19 an oz price of June 2010. On July 13, 2011 gold rose to $1580. It reached a high of 1900's before dropping. However, the price retained higher value at the 1700's. It is now at the 1800's again!
@stangGTKKK187 It's not too late. My estimated peak silver price is around 75. I'm sure spikes can take it higher but in terms of reliability if gold hits the 2250 level silver could reach 55to 75. There's some variability there. Think of what you want it for: a) sell for paper later b) use for silver consumption/industrially but PERSONALLY do it c) hold for barter money, goods for goods/silver for rice/silver for tools/metals for home etc.
@stangGTKKK187 here's a hint: the Royal Canadian Mint (RCM) issued a $20 silver coin. It has just enough silver that if the $20 face value is equal one day to market value, that market value would be $78/oz. Mints tend to be fairly forward looking at capping circulation-coins (which it is) vs the amount of metals they put in (and are removing from nickels, pennies, did remove silver from quarters and so on).
Americans could sell the rope to the condemned man! Gold & silver are just another investment vehicle for the elite, how will you get to buy gas & food with gold coins & when it all falls apart they will totally control Govt and they will have them haul in and confiscate everyone's gold paying a derisory amount in compensation! also they will do the same with farmers crops paying cents on the $ for their crops as its a National Emergency gold & silver will not save you from what is coming
@jim1a2a Thanks for your message. With all due respect I know that silver & gold coinage WILL save me because goods will be for sale but paper won't be money. These transitions go in cycles but paper currencies do not last. Confiscation is impossible: The most efficient confiscation attempt was from the Nazis & they still failed to get the job done.
@megatrollwarlock no, it's not a bubble. Bonds + currencies are in a bubble. Gold can't be over-valued until it exceeds the pricing of all the currency around the world, not just US dollars. That's in the area of 20,000 to 50,000. We're not in any bubble except for paper.
@megatrollwarlock There won't be any. Due to the way premiums are charged on gold at all times for physical handling/delivery it's impossible to flip it. It's called a bid/ask spread. You can do it with paper derivatives like futures & options but you can't do it with physical gold. Can't ever.
@megatrollwarlock but NOT gold. You can't do it with gold because it doesn't work that way. Gold can't be made new like a new home. Homes are not made from rare things & are not themselves rare. Homes are not priced based on the money supply. Gold is rare & is priced based on the money supply. Gold is charged a premium to buy or sell which negates any flipping on the spot. AND an entire leveraged, margin-boosted paper market already exists for metals to do it. So no, they won't ever.
@megatrollwarlock It's not that volatile. A person who's not loaded wouldn't be able to play the show more than 10 minutes of video for all their mistakes. Maybe Gene Simmons could do it. He knows money and has plenty of it.
@kcrone1 when the economy turns around as you imagine then unicorns will be flying all our planes & leprechauns will be running all our banks. In other words, stop smoking the Hopium. The economy is dead and not able to survive. Period. Too many people, too few resources, carved in stone death. It's a done deal.
She's probably the hottest CEO, ever.
gnarlytats 3 weeks ago
Good Info!
ArgentPure 5 months ago
This is just another bubble! It's going to burst like the real estate market. I have to check it out, but the reserve hasn't been backed by precious metals since the 1970's. The only thing backing our country now is our national parks which are being held as collateral. Soon other countries will come collecting and then we won't even own our national parks.
Those investing are betting on everyone jumping in out of fear. Until the magin is enough for the few to make a "mint"
makeitcountUSA 6 months ago
@makeitcountUSA What gold/silver bubble is there? Whenever precious metals had too big of a rise and significantly lowered in recent years, skeptics said "the bubble burst". Silver rose to $50 an oz in April 2011 and then dropped down to $33. However, that was still significantly higher than the $19 an oz price of June 2010. On July 13, 2011 gold rose to $1580. It reached a high of 1900's before dropping. However, the price retained higher value at the 1700's. It is now at the 1800's again!
MONOPOLY35 6 months ago
Our lines are lit up... just giving our followers an update. Think we are at $1.5 million for the day...
Go2thebeach69 6 months ago
lol the "CEO" is that dumb sounding bimbo...who the hell would want to deal with them.
DuncanL7979 6 months ago
This has been flagged as spam show
@DuncanL7979 Hater... she makes a whole lot more than you lol!!!!
Go2thebeach69 6 months ago
@DuncanL7979 Never saw a CEO trying to sell gold coins with pink highlights and a nose piercing!! LOL>>>>>>>
kcrone1 6 months ago
when gold/silver goes "mainstream" that is when you can see a peak
theanduo 6 months ago
when you have to set up a booth and stick a pretty blond at the table to attract business...I say run !
bigjacdaddy 6 months ago
is it too late to get in now at about $41...it use to be just $10
stangGTKKK187 6 months ago
@stangGTKKK187 It's not too late. My estimated peak silver price is around 75. I'm sure spikes can take it higher but in terms of reliability if gold hits the 2250 level silver could reach 55to 75. There's some variability there. Think of what you want it for: a) sell for paper later b) use for silver consumption/industrially but PERSONALLY do it c) hold for barter money, goods for goods/silver for rice/silver for tools/metals for home etc.
ytgv3fc7 6 months ago
@stangGTKKK187 here's a hint: the Royal Canadian Mint (RCM) issued a $20 silver coin. It has just enough silver that if the $20 face value is equal one day to market value, that market value would be $78/oz. Mints tend to be fairly forward looking at capping circulation-coins (which it is) vs the amount of metals they put in (and are removing from nickels, pennies, did remove silver from quarters and so on).
ytgv3fc7 6 months ago
Americans could sell the rope to the condemned man! Gold & silver are just another investment vehicle for the elite, how will you get to buy gas & food with gold coins & when it all falls apart they will totally control Govt and they will have them haul in and confiscate everyone's gold paying a derisory amount in compensation! also they will do the same with farmers crops paying cents on the $ for their crops as its a National Emergency gold & silver will not save you from what is coming
jim1a2a 6 months ago
@jim1a2a Thanks for your message. With all due respect I know that silver & gold coinage WILL save me because goods will be for sale but paper won't be money. These transitions go in cycles but paper currencies do not last. Confiscation is impossible: The most efficient confiscation attempt was from the Nazis & they still failed to get the job done.
ytgv3fc7 6 months ago
Gold going mainstream? The bubble phase has begun.
megatrollwarlock 6 months ago
@megatrollwarlock no, it's not a bubble. Bonds + currencies are in a bubble. Gold can't be over-valued until it exceeds the pricing of all the currency around the world, not just US dollars. That's in the area of 20,000 to 50,000. We're not in any bubble except for paper.
ytgv3fc7 6 months ago
@ytgv3fc7 When they have TV shows about flipping your gold then gold is in a bubble.
megatrollwarlock 6 months ago
@megatrollwarlock There won't be any. Due to the way premiums are charged on gold at all times for physical handling/delivery it's impossible to flip it. It's called a bid/ask spread. You can do it with paper derivatives like futures & options but you can't do it with physical gold. Can't ever.
ytgv3fc7 6 months ago
@ytgv3fc7 They do it with real-estate all the time. That's what happened during the real-estate boom leading up to the 2008 crash. Flip that home!
megatrollwarlock 6 months ago
@megatrollwarlock but NOT gold. You can't do it with gold because it doesn't work that way. Gold can't be made new like a new home. Homes are not made from rare things & are not themselves rare. Homes are not priced based on the money supply. Gold is rare & is priced based on the money supply. Gold is charged a premium to buy or sell which negates any flipping on the spot. AND an entire leveraged, margin-boosted paper market already exists for metals to do it. So no, they won't ever.
ytgv3fc7 6 months ago
@ytgv3fc7 But gold is volatile. Buy the dips, sell the highs. Good idea for a TV show.
megatrollwarlock 6 months ago
@megatrollwarlock It's not that volatile. A person who's not loaded wouldn't be able to play the show more than 10 minutes of video for all their mistakes. Maybe Gene Simmons could do it. He knows money and has plenty of it.
ytgv3fc7 6 months ago
Did you say...*EPIC* ? yup, you did ! Sounds like a World of Warcraft Failed Raid. lulz
But the FAIL is the USA Greenback. GOLD and SILVER Bullion will be the undisputed Winner in my opinion.
TheSilverWatch 6 months ago
Yeah BUT what happens when the economy turns around and no one wants these paper weights any more??? Kaboom,,,,TIMBERRRRR!!
kcrone1 6 months ago
@kcrone1 The economy isn't coming back form this one. Only a new economy can come out of this.
sniper6081 6 months ago
@kcrone1 Not going to happen. The infinite growth economic model is collapsing for good.
megatrollwarlock 6 months ago
@kcrone1 The economy turn around? I don't think that's going to happen.
Iconoclast444 6 months ago
@kcrone1 when the economy turns around as you imagine then unicorns will be flying all our planes & leprechauns will be running all our banks. In other words, stop smoking the Hopium. The economy is dead and not able to survive. Period. Too many people, too few resources, carved in stone death. It's a done deal.
ytgv3fc7 6 months ago