Gold's "sticker shock"

As Mark Dice has shown in his videos, most people have never held an ounce of gold. Most people will be shocked how much a gold coin is worth when they hold it. However, people handle things more valuable and precoius than a 1 oz gold coin daily, yet don't think twice about it.

Mark Dice's gold guessing game:
http://www.youtube.com/user/MarkDice#p/u/31/WAaVK5AkZzI

Mark Dice tries to sell a Canadian Maple:
http://www.youtube.com/watch?v=Gk5aRIz17fk

Category:

News & Politics

Tags:

• gold
• mark
• dice

[hatch381]

SF, if youre going to keep waving those silver and gold coins around like that, you need to conclude your videos with, When I snap my fingers you will wake up, Snap.

I always enjoy your comments and observations about the metals. Thanks for posting.

[silverfuturist]

You are welcome! Good point, I will begin next video with hypnosis...

[pookypoo77]

yes we have been conditioned.

[silverfuturist]

My hair could have used some conditioner this morning before i shot that video

[CanadianPatriot1973]

I love watching your videos. Thank you :)

[silverfuturist]

You are welcome!

[Eraser7622]

oh yes.. the first time ;) I felt like a pirate with me hands finally on me booty!

[phantomcharger]

Your are so right on this, we in this country are discouraged in holding real money

Even holding a few hundred fake dollars is discouraged

but driving a 30 thousand dollar car, thats fine.

[funkyjunkyable]

your hair is messy

[rayomans]

40-50 years ago, if you took out a $100 bill at a store and didn't look rich, it immediately raised suspicions. Some people would even call the cops.

Don't worry about the sheeple. the shepherds lead the way, alway have, always will!

[JTPNYC95]

Mr. Dice started out ok but then he started beating up on steve o and getting way over the top christian. I unsubcribed from people who have obviouse or hidden motives.

[lisajason111]

lol at the phone number, i think when depression comes, no1 will be able to use phones

[HysteriaDLX]

Fascinating insights on people's reactions.

[REOGURU]

That's funny, your video parallels exactly my experience with friends and family when I've had the same conversations with them. Talk about being programmed! LOL.

[jimbobubbadj]

jonvss, check out gata on the web. Youtube will not allow url's in the comment section. There is actually much less silver now than there used to be. Much has been used up in industry. I agree about in the last 70 yrs or so the ratio has gone way up. Based on the amount of silver now left, it should be back at its historical ratio of 16:1 or perhaps even less.

[jonvssocrates]

jimbobubbadj,

Just googled the historical ratio and if you go back to the 1300's and average it out, you might be right. But the last time that ratio was hit was in the 1700s. In the 1800s it was averaging around 20:1 and then a new silver discoveries were found in the early 1900's and the average been dropping like a rock(getting wider) since.

I'm not saying you're wrong, but to buy silver thinking the old 16:1 rule will come back seems like a bad idea.

Best,

Jon

[jimbobubbadj]

jonvss, try googling it. For gold and silver 20yrs is very short. I'm going by a time span of centuries and longer.

[jonvssocrates]

@jimbobubbadj ,

You might be right, but I'm not seeing it. I just checked the charts again. Looking at the 20 year since it's easier to eyeball. Gold is clearly averaging around $330 and silver clearly around $5.00.