Gold and Silver IS Money - Confiscation has already occurred!

[robertc190]

What happened to bit coins?

[davincij15]

@robertc190

Nothing happened to them except the value dropped and I am buying because I know it's solid.

[Habeev07]

@polygamous1 the gov't cannot CONFINSCATE CRAP from anyone. we will overthrow their asses with shear numbers. RACE WILL NOT MATTER WHEN THE GOVTS ARE DEMASKED!! Price manipulation gone too far. Expect inflation undertones with PM's backwardation for the next month. From october on??? On a side note, they REALLY need to have a Prince William look alike contest. I would win that. no joke, my birthday is on 2012 as well. Go with Gods money. Gold and silver.

[mattsaysfooey]

@Habeev07 Odd, A perjures spewing blasphemous discriminatory bastard (AKA Police) came in here a couple days ago and stole a half gram of pot I left on my desk a few weeks ago. No warrant, No explained probable cause something I paid for was stolen. If they make possessing and owning gold illegal the police stealing it and them taking it from you is in short order. Hide it well :O They will take it.

[mattsaysfooey]

@Habeev07 Just an example but you you sir are ignorant and fail with no actual real life experience in this. It's obvious because the police and government are the biggest thieves in the country and the world. You say "the gov't cannot confiscate crap from anyone" But they do year round 24-7 Wait until you spend the night in jail with money stolen from your wallet, a cop assaulting you and your car impounded. With a third of your payment check gone to liars then more taxes on gas and items

[narukofan2]

YOU ALL NEED TO SEE THIS.

Everybody please see my video on Youtube called:

VERY SOON OWNING GOLD AND SILVER WILL BE A TERRORIST ACT

Here is the link to it below:

/watch?v=rgGti0jO_rs

[rebelq1]

When the currency hyperinflates, people will turn their gold over for some cash!

[polygamous1]

@rebelq1 nope WHEN THAT HAPPENS PPL WITH GOLD N SILVER WILL BE ABLE TO BUY SOME FOOD n water with their precious matasl But BS paper money wont even be good for bog paper

[rosskstar]

@4:26 did you have to burp? ha dude, you need to take up running or something...you look like Pills. Dough Boyeeeeee

[kellerbier2]

Why would you want gold and silver? you cant eat it or drink it, no stores will take it ............. worthless.

[davincij15]

@kellerbier2

Why would anyone want stocks and bonds you can't eat or drink it and no stores will take it? Worthless.

Gold and silver is money it has been for 6000 years and will be for thousands more. Reality is an absolute, because you are human you can deny it but it does not change. Example if you eat poison thinking its food it was never food just because you ate it. Thus fiat currency is not money just because you used it.

[kellerbier2]

@davincij15 Everything you said is true. But for thousands of years those gold and silver coins were created by/for the local governing systems, just like how the dollar is today, except the dollar has no intrinsic value, like precious metals do. The federal reserve/dollar is a perpetual debt system that needs to be paid back before we destroy the dollar system and go back to actual gold and silver. Destroying the dollar now will most likely cause world war 3.

[heckler171]

WE BUY GOLD CASH the scam of the 21st century

[davincij15]

@heckler171

Modern times gold confiscation.

[polygamous1]

@davincij15 we are dealing with the devil's ppl but they can n will consfiscate everything every piece of land u can grow food every water well its going to be as Jesus said men will walk round yellow with Fear B4 He steps in they know they have little time left n want to murder n take as many of us to hell with them as they can Rejoyice my ppl Jesus said for their time is coming to an end n I THANK GOD N JESUS FOR THIS

[polygamous1]

@heckler171 n for the rest of the ppl who refuse to sell Real money for bs bits of paper we'll make another LAW to take it away from you! gold is the money of Kings silver the money of gentlemen barter the money of peasants n DEBT IS THE MONEY OF SLAVES n we want the whole world as our slaves anywhichway we can we r u r Masyers the eltist bankers we make all laws as we like we are going to screw u up ppl

[a2zhandi]

ugh, you only buy gold and silver if your a sheeple!!

My God people you'd better be thinking of food reserves for the up coming tsunami of a global financial crisis.

The price of your gold when this happens will tank! They control it. Let's not forget who your dealing with.

[davincij15]

@a2zhandi

You can't put 2 million dollars into food.

[a2zhandi]

@davincij15 I see. too bad you can't because food could also be used to bartering.

[heckler171]

@a2zhandi i agree people should also invest in ood food riots have alrdy began in the world it is coming here.

[a2zhandi]

@heckler171 thanks

[MrSizzlingsilver]

They didn't confiscate it. They NEVER had it. HAHA!

[SidneyBou]

You know last time they picked up gold it was at 16 dollars a Oz. then they rased the price to 32 and I believe 36 an Oz then they closed the window. I don't believe they will take gold at $1,250.00 an OZ. and people say it will go to 4000 an oz.

[xxLIBERTYorDETHxx]

1) if you dont have material gold in you hands all you have is a worthless paper certificate.

2) There is are ones who have been buying scrap gold for 5years now & giving you %60 in return for value. Now you have gold firms selling it back to you for 100% + 10-15%. Not sure I trust any of these fuckers either. In a doomsday senario, Gold & Silver will triumph. Till then they bastards that hold it for now have been scamming us for our dollars using the above method. Who to trust? Who to trust?

[fallenangil1]

Gold is only gold if u and hold it in your hand...paper gold is worth nothing

[DeathOfTheDollar2010]

When people realize all the gold and silver they thought they owned, is not really there, and they own nothing? All hell will brake lose in this country!!!

People will be rushing in to buy gold and silver, and the prices will go to the moon!

Stock up now boys ans girls, and you will be rich beyond image will this all comes to light....

[davincij15]

@DeathOfTheDollar2010

Sorry mistakenly flagged your comment.

[DeathOfTheDollar2010]

Good job man!

[MORCOPOLO0817]

They'll under pay you just like they did during the great depression!

[Eltsacwenify]

I love the way you burst out laughing in the end.

[anuthehigh]

Don't let them take your Gold lol it holds more value that the dollar.

[tesskansas]

Great Video! - Interesting perspective. I think you are right on.

[davincij15]

Thanks did you know physical silver investing is only 1 billion dollars a year. Paper silver investing is currently at 111 billion. In 2008 it got up to 200 billion. Amazing numbers eh?

[WhyMeWhySilver]

I seem to agree with Ted Butler. If there ever were to be confiscation. It would be in the form of ETF's, not physical.

[RCinPAWA]

If you can't hold your gold in your hands you don't hold gold.

[javalily]

Don't forget to put FeverIam in your list of YT friends to add :)

[farliecharlie]

You can buy 'allocated' gold and silver from the Perth Mint. Which means they hold a real bar of bullion in your name that you own. It is true that if you buy unallocated gold you are sitting in a 'gold pool' which they could try to pay out in dollars (Unlikely) but at least it will be in Aussie dollars, which have a commodity backed economy behind them, so will not be as corrupted as US dollars.

[gamimenaki]

Great intro

[TheronDragoon]

I will point out the Perth mint certificates are backed by the state government not the federal government. The state government cant print money although they can borrow it.

[drutter]

Great video, and I loved your outburst of laughter at the end. :D

[batman551]

Any word about auditing the Gold at Fortknox? It seems to me that the IMF has too much gold and nobody knows where it comes from.. maybe from a looted country that could not pay a loan?

[davincij15]

The IMF only threatens to sell gold it never has. The gold is not in the IMF values, it's pledged gold by member nations. It will be interesting if they call in the pledge to see if they will get any.

[batman551]

something is telling me that fortKnox no longer has physical gold and magically is under control of IMF...

[Isawanangel1X]

wasn't there gold stolen from the vaults of the twin towers?

[dreadz808]

cash 4 gold is happening in the UK too strange enuff

[Larryd1001]

They (The Government) may give you dollars but the dollars would be worthless or worth less. At that time the gold value would gain at such a rate compared to the purchasing power of fiat currency you would lose immediately. Just like it happened the last time Gold went up after the nationalization. The people were left holding the bag.

[helpendthefed]

Cash 4 Gold is a deviant PM confiscation program backed by the Private Federal Reserve.

[ZoZem]

All the gold paper being sold and owned adds up to way more than the total amount of physical metal. So buying paper supposedly backed by metal, is in a way a new fiat currency.

[xcitingtimes]

Great intro!!!

[fal2grace]

thanks davinci

[yogiudo]

like the intro hehe..

[binky4647]

interesting point.

[superchink28]

Do you think the fed that stupid!? They will confiscate your gold BEFORE run-away inflation hits!

[superchink28]

Gold nationalization is a phony name for the actual confiscation. During 1930s Gold "Nationalization", citizens were only paid a fraction of spot price. NOT the full spot price amount. At that time Dollars was still on Gold standard, which means the dollars in exchanged of your gold was as good as gold!

Today, if the fed "nationalize" your gold, and give you worthless paper instead, are you suppose to be happy!???

[Chicagodogs0]

The price of gold was around $15 and they paid $20. That's why they turned it in, it seemed like a good deal. But a few years later they set the price to $35.

[Doenietmeermee]

forced vaccination means confiscation for the ones who refuse the flu shot of all value, you will not be able to protect your wealth when you are in isolation...

[lukeedwardsimmons]

Good thing me and my bro only went for the REAL THING. I mean, why invest in just ANOTHER PIECE OF PAPER (sorry for caps but their isn't a bold font choice) which is the entire point of getting rid of the Federal Notes to begin with? Kind of circular reasoning going on there.

[charlesfuchs]

This will never happen as we the people will riot the streets with guns in our hands.

[vention4wh]

I do have some concern that they may confiscate precious metals. In an inflating currency, people will want to escape the inflation by using local currencies, precious metals and barter. The owners of the currency (the ones who benefit from the rampant inflation) will want to keep everyone using it, so they can continue to inflate it and continue stealing from the citizens. It may benefit them to confiscate precious metals, not just to get those metals, but to keep everyone using their dollars.

[vention4wh]

2. I put 10 or 15 thousand in silver and a few thousand in gold. I only paid cash of course. Anyway if confiscation occurs I'll put into deep long term storage until it's legal to use again. Recently I've stopped buying metals and have been concentrating on knocking my debt down instead. I have 3800 left to pay on my big 4wd diesel bug out vehicle and 23 thousand left to pay on my home. I could be totally debt free in 2 years if the economy holds up. That's the plan.

[Raycheetah]

Just an interesting article on "paper silver"; Google:

"Want to Own Silver? Forget About SLV"

Once again, why those who want to own silver should shun ETFs! =^[.]^=

[buttonmonkey01]

Get a ticket to Singapore or KL then a cheapo flight to Perth. Have your certificates and stay at the closest hotel to the mint with a safe.

Collect your gold and post it back to your home via UPS or whatever. You are allowed to take out $10,000AUD of good when you leave the country as well.

Either way you can collect your Perth Mint Certificates easily. Dont beleive the false information as the mint now has got plenty of stocks. The hard thing is leaving the country with your precious metals

[looopandlooop]

is there a good way to store silver without it getting tarnished? i am new to this silver thing and bought some 10oz bars today but have no idea to store. (container type, translucent envelope?, silica gel packets inside storage containers?)

any help would be really appreciated

[InTheSticks1881]

Dessicant would be the most important and oxygen absorbers such are use to preserve food, may help.

[jspark311]

looop:

I don't have a problem with my metals tarnishing in a safe with a desiccant pack. Silver, like most metals, forms a protective oxide layer on the surface of the metal that prevents further oxidation. If you want to store it away from oxygen, store it in an airtight container that has been flushed with argon or nitrogen. This procedure is also useful for long-term storage of food.

[looopandlooop]

thanks for the big heads up! you too sticks1881

[becauseicare2]

I truly don't care about day to day or week to week movements anymore. The majority of Americans will not get it until its too late. What a pathetic bunch! Stand up..shout out..be heard! I'm tired of the lies, the slavery, the needless taxes and poverty. I truly am preaching to the choir here...I should be doing this on a pro-obama vid.

[davincij15]

Do your own videos show your friends and family. Then show them the community most sheep just follow the heard.

[Raycheetah]

If folks don't know by now to hold physical PMs only, they're either very new to this, or just not paying attention.

As for the potential US situation, I supposed it'd be a silver lining to the utter destruction of our way of life for our illegally-held PMs to be worth so much more on the black market.

I'd really rather return to a Constitutional Republic, just the same. ='[.]'=

[mrzack888]

China is your friend.

[medulalumosa9]

(con't) it seems to me that someone could easily "lift" it somewhere along the way. Going overseas may not even be possible in the future for US citizens. Heck, odds are they won't even allow us into Canada! You know how the conservatives of this country think of and treat Mexicans...well that'll be how we are viewed by the world.

Perth Mint, well with recent developments, it looks like Australia as a nation has put a stop to bullion going outside it's national borders. So, how ya gonna get it?

[medulalumosa9]

Great, looks like YT "lost" the first bit of my comment. Wonderful. Here's the gist:

Thanks Davinci!

Seems to me it all boils down to whether you have the metals physically. If you don't you ain't got it. Simple as that.

Gold Money may be great but the way I see it, there's only two ways to get possession, 1) to have it mailed to you and 2) to go there in person to claim it. The problems with one are obvious ... (continued with above)

[TheronDragoon]

Where did you get the idea Australia has stopped bullion going over seas? I mean the perth mint is a supplier to the US mint for silver blanks so they can make american silver eagles!

Australia is a free market. If you want to buy bullion we will sell it to you for the right price.

[medulalumosa9]

watch:

watch?v=DY-iHBTN7IU

John/stella has looked into it and has confirmed it.

[TheronDragoon]

Oh now i see what you are talking about. I will point out it has always been illegal to send currency through the australian post. People still do it anyway. It is not a ban on exporting bullion it is a ban by the australian postal service due to i imagine them being sued. You are still free to use a courier or private postal service.

[medulalumosa9]

True, it's always been illegal...the difference now seems to be that they are actually enforcing it (that is, if it's outside the country). You're probably still ok posting it inside the boarders.

[psbyowner]

bleedin' now in asia

[1mealperday]

so the dollar went from silver dollar to silver certificate paper dollar to reserve note dollar a promise to pay dollar became a lie . and on the story goes...

[kenandjasha]

silver is being hammered over seas right now down .45, gold down 5.50, usd up .12 as we speak...looks like this may be an ugly week.

[davincij15]

It bounced at a strong resistance level so that's good if it can hold it's bullish if does not hold 15.30 is the next stop and it may not hold that line.

[tinslatee]

its option epiration week so the U.S Government will try and screw the option holders by driving down the price til Thursday. Then things should start to fly again

[TilveranNavarre]

I watched the tribute earlier and it was very cool. I was very amused to find I that was already subscribed to most of the people in it! haha :D

Perth Mint should be ok for savings. It's off shore gold don't forget, so if you need some gold outside the country... think about it. I know Peter Schiff uses them.

For spending in the nearer future, silver sounds nice for everyday use. A 1Ozt gold coin is like a thousand bucks, which is a bit much for buying groceries y'know! ;p

[silverjunky999]

never looked at it that way, but yes your wright again

[Packman850]

ouch

[ang60]

IMF to sell 403 tons of gold.

[davincij15]

The IMF is always saying they are going to sell gold. They have always said that google it.

The issue they have is they do not have the gold on them it's pledged gold from central banks. When they request that gold let's see if central banks will hand it over.

LOL

[KarlBrkr]

I'm pretty sure China is ready to buy it all up. Not to worry.

[BackBurnerNews]

Thanks man!

[MengersDisciple]

"Comex can now deliver GLD ETF instead of physical gold"

Search for that on google and read the story on chrismartenson(dot)com

BTW, as of June 23, 2009, goldmoney delivers gold in 100g and 1000g bars, but 100g is still a big unit... 1-ounce would have been really nice. Fractionals even better.

[davincij15]

I know, just like I said in my original videos on the COMEX default.

[usernamepasscode]

thats a neat intro