What is a "Commodity", What makes something have value?

Oil is but 1 of hundreds of ways to create a valuable commodity. I give a few examples throughout history of civilizations who used items as currency that were not coins or oil.

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[TheBullionBoy]

They used several types of shellfish but mainly murex to make tyrian purple still used by royalty today

[barnone11967]

@TheBullionBoy good job. thanks for the info

[savgal1211]

In the century since the creation of the Federal Reserve, the ratio's been all over the place. The key is that it's bottomed at or around 16 three times in the last century — 1919, 1968 and 1980.Silver is headed back toward 16. Sixteen was the ratio for centuries before massive silver discoveries in the Americas in the 1800s

[barnone11967]

@savgal1211 you always give the best comments :)

[futureworksexpress]

how can you be suspect of SLA intentions when you make all these videos always at least a few a day with the click adds on them? what are barnone's intentions? youtube is just a source of income?

[barnone11967]

@futureworksexpress you seem to judge me a lot these days. If you are not happy with my channel then why be here? You do not make sense. If you do not agree with the fact that the ads I place ( Which I NEVER TELL ANYONE TO CLICK ON THEM) Are allowing me to earn a small income then do not follow my channel. TO nit pick about that is just being petty.

[raven8699]

@futureworksexpress Why do you even care? Chris is doing a great job in here. You know, I was in a pinch and needed that "special something" for all of my employees last Easter. Guess what I did Future? I clicked. Yup. And you know what I learned from that one click? "That it does not matter if you are looking to celebrate a special milestone, express sympathy, encouragement or profess undying devotion, flowers are the perfect ambassadors for any tender emotion." So relax. ;)

[davidlee110]

@martinzwanenburg Yuan is dropping faster then all.

[martinzwanenburg]

@davidlee110

EURO is dropping too,...

watch last upload!

get any silver investor to see this one!!!

/watch?v=XLe1OBbRAW8

[davidlee110]

@martinzwanenburg Dude, the dollar is not picking up shit!

it still under 75

[martinzwanenburg]

@davidlee110

that won`t scare me!

it would scare me way more if they start selling 1000 Oz bars for that money :P

out of stock are GOOD signs! banks are buying back!

gonna upload new vid about it in 5 minutes!

[futureworksexpress]

@barnone11967 -- Im responding to your comment about SLA and Mike Maloney Max Kiser. You also have other motives and its hypocritical for you to make the statements you did. Im not judging or nit picking, but stating the obvious. When you put yourself out there for people to view you will get their opinions. If you cant deal with it, then maybe you shouldnt make videos