NORMALCY BIAS & PHYSICAL SILVER ...Happy New Year!

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Uploaded by on Dec 31, 2010

Happy New Year!!

NOTE: The normalcy bias refers to an extreme mental state people enter when facing a disaster. It causes people to underestimate the possibility of a catstrophe becuase it has not happened to them previously. ** My example is actually a form of REVERESE nromalcy bias, because a "crash" in silver IS the norm for coin guys - they are therefore "certin" it will happen agin, as it always has.

Music Courtesy Kevin MacLeod:
Titles: "Desert City"; Kevin MacLeod (incompetech.com) Licensed under Creative Commons "Attribution 3.0" http://creativecommons.org/licenses/by/3.0/"

The content in my videos and on the SGTbull07 channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

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Uploader Comments (SGTbull07)

  • it sucks for me i dont earn enough, and with bills and everything i can only afford 20oz per month on silver, i finnally woke up in aug of 10, at age of 25 to open my eyes and start buying silver. I got 150oz of silver so far, and ima keep buying as much as i can , if i just could convince my dad to buy at least 10 k worth of silver i would be a happy man, im trying im trying.

  • @cetnik03 good luck cetnik, 20 ounces per month is a LOT given how high the price is getting - and 150 ounces is a 150 more than most people have! keep stackin.

  • Here in Minnesota or around the TC metro (western WI) I would recommend going to Investment Rarities Inc. for an accurate assessment of the Ag situation at the dealer level. From what I understand, it's founder James Cook, is the guy that supported Ted Butler in his early days of uncovering the Ag market manipulation. I did business with them about 9 mos ago and was surprised that we had a local connection to this tremendous story. Pawn shops and small coin shops are oblivious.to the big picture

  • @NAVYGOLDEIGHTFOUR great tip!

Top Comments

  • type in "ski crashes" in the youtube search and click the video with stars in the title to be shocked!

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All Comments (180)

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  • I have relatives who have normalcy bias. One said, "Oh, I've been hearing the dollar is going to collapse for years."

  • It seems the tendancy is to now buy the wood rather than the furniture when it comes to precious metals...I'm thinking of trading in my high grade common date old coins for bullion. Good idea? Also, how will the spike in silver prices impact the premium on key date and high grade coins? What will happen to the numismatic value? Any thoughts would be appreciated

  • @cetnik03 I whish I could get 20oz a month...

  • Where should I store it? I am from Canada and now this year have 162 ounces. Where should I put it. In a safety deposit box. A wall, a safe, under ground what does anyone recommend?

  • @zz911wasInsideJobzz rich bastard...

  • @SGTbull07 Hey brother, Love your videos! Been following you for quite sometime...You have helped me open my eyes and Ive been buying silver like no other....sometimes to the tune of 100% of my paychecks! I thank you so much good sir! Keep stacking my Ag brother!! :O)

  • @cetnik03 great I have just had my mates over for lunch the 3 of them are now buying silver. They see the shortage created, the fraudulent shorting by the huge banks and the demand that we all know of.

    Get the old bloke to have a look at SGTbull07 channel

  • @bullsnutsoz Yes my dad finnally bought some silver, it wasnt the 10 k i hoped for but he did spend 3 k on it,last month, meanwhile im up to 260 oz, and i think by end of this summer i should be well over 300.., we will see, but with gas prices and food prices rising i have to cut back, it sucks!

  • @SGTbull07 thanx im now up to 260 oz!! yeah buddy ima keep stacking!!

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