@kostaDez The major uptrend I'm looking at devaluation of the US dollar, which became a fiat currency in 1971 when Nixon took us off the gold standard. According to Michael Maloney of GoldSilver. com, the average life expectancy of a fiat currency is 40 - 43 years, so we're near the end. Next, the dollar has lost about 98% of its value since 1913, approx 1% of its value, on average, per year for 98 years. This indicates about 2 years left before we get to zero. What will silver be worth then?
1. He's gifted 2. he has history at his fingertips 3. he's bold enough to condemn the currency 4. he has respect for God. these are things i've got to improve in my life.
@kcuf7 Don't confuse a "means of exchange" with a "store of value." The dollar has lost 98% of its value in the last 98 years. If history holds true, that means we have about 2 years left before the dollar becomes worthless. Paper money is only worth what people BELIEVE it's worth. In reality, it isn't worth the paper it's printed on because you can no longer use the paper for anything, they destroyed its value as paper by printing on it!
@kcuf7 It's estimated that fewer than 1/10,000 know what is really going on with our economy. Please click the link in the description of this video to learn more. :)
Silver almost broke $50 today! This isn't because silver is becoming more valuable, it's because the value of the dollar is losing its purchasing power.
Experts agree, the best way to protect your savings is to put some of your money into gold and silver. The problem is, how can you afford to buy gold and silver when you need to spend more and more money just to survive?
Click Silver1up. biz so you can learn more and start earning money you can use to buy silver before it gets out of reach!
What's sad is that those who need to hear this, first don't care, and second wouldn't believe it anyway. As of March 26th, 2011, Silver is 37 dollars an ounce; still cheap enough to invest in. Most people don't know however it is vitally important for their financial future to dump their dollars or fiat currency into real money like gold and silver to hedge against inflation.
What's really sad is people think the U.S. Govt. won't allow our economy to completely collapse. Good video thank you.
@kostaDez The major uptrend I'm looking at devaluation of the US dollar, which became a fiat currency in 1971 when Nixon took us off the gold standard. According to Michael Maloney of GoldSilver. com, the average life expectancy of a fiat currency is 40 - 43 years, so we're near the end. Next, the dollar has lost about 98% of its value since 1913, approx 1% of its value, on average, per year for 98 years. This indicates about 2 years left before we get to zero. What will silver be worth then?
Silver1Up 5 months ago
Weird, Ron Paul has been saying some of this stuff for years
hitlerscow 5 months ago 13
1. He's gifted 2. he has history at his fingertips 3. he's bold enough to condemn the currency 4. he has respect for God. these are things i've got to improve in my life.
dpunisha4u 7 months ago 7
Comment removed
kcuf7 8 months ago
@kcuf7 Don't confuse a "means of exchange" with a "store of value." The dollar has lost 98% of its value in the last 98 years. If history holds true, that means we have about 2 years left before the dollar becomes worthless. Paper money is only worth what people BELIEVE it's worth. In reality, it isn't worth the paper it's printed on because you can no longer use the paper for anything, they destroyed its value as paper by printing on it!
Silver1Up 7 months ago 4
@Silver1Up Thanks for telling me, I did not know!
kcuf7 7 months ago
@kcuf7 It's estimated that fewer than 1/10,000 know what is really going on with our economy. Please click the link in the description of this video to learn more. :)
Silver1Up 7 months ago
Silver almost broke $50 today! This isn't because silver is becoming more valuable, it's because the value of the dollar is losing its purchasing power.
Experts agree, the best way to protect your savings is to put some of your money into gold and silver. The problem is, how can you afford to buy gold and silver when you need to spend more and more money just to survive?
Click Silver1up. biz so you can learn more and start earning money you can use to buy silver before it gets out of reach!
Silver1Up 10 months ago 5
I bet he went and bought a coffee after this video with that trash.
budzag 10 months ago
What's sad is that those who need to hear this, first don't care, and second wouldn't believe it anyway. As of March 26th, 2011, Silver is 37 dollars an ounce; still cheap enough to invest in. Most people don't know however it is vitally important for their financial future to dump their dollars or fiat currency into real money like gold and silver to hedge against inflation.
What's really sad is people think the U.S. Govt. won't allow our economy to completely collapse. Good video thank you.
BillionaireVlog 11 months ago