Silver and Gold: Isn't it money? If it is....why aren't we using it as money? Good Question?

http://www.qualitysilverbullion.com/
Use the following code for free s/h on your purchase of $500.00 or more. (ase)

https://silversaver.com/share/GLZZ8/

In this video I try to focus on metals being real money. And if it is....why aren't we treating it as such. Why do we have to wait on the Government to make it happen. WE CAN! Especially in the silver market with the volatility as it is. Do we really need a bill like Utah to act on our wishes. Isn't it staring us in the face to use it as real money? I'm just trying to use a little horse sense here to realize that we can use our metals as money now. We don't need to wait for our states to pass a bill to make it work. A quick source of liquidity can enable us to catch our buys and sells at the right time in order to make it work. The volatility is there right now, and that volatility is made available to us by the big traders at the COMEX. WHY AREN'T WE TAKING ADVANTAGE OF THIS? Why are we just focusing on the extra buying power from our pay checks to utilize this benefit that these metals are offering to us. We are continuing to use fiat cash that is so highly inflated to buy all else that we need. Why not work our metals in a way that we benefit from ALL of our money's earned?

Category:

Education

Tags:

• silver
• gold
• bullion
• coins
• banks
• finances
• shopping
• market
• stock
• forex
• network
• trading
• federal
• reserve
• bank
• central
• money
• dollar
• american
• eagle
• canadian
• maple
• leaf
• philharmonic
• pesos
• economy
• business
• stocks
• analysis
• story
• news
• technical
• financial
• investment
• bloomberg
• futures
• currency
• markets
• options
• euro
• dow
• government
• system
• economic
• crisis
• morgan
• stanley
• hsbc
• of
• america
• chase
• daytrade

[TalonNL999]

Using gold as payments in small increments doesn't pay off, because of the crazy premiums on 1gram bars. And silver, silver is way too undervalued, I have a job that supports me and allows me to stack more silver, once the comex and lbma go bust and silver has skyrocketed, then I will start spending silver. : )

[WhyMeWhySilver]

@TalonNL999 Why not make it work for you now? Instead of waiting.

[TalonNL999]

@WhyMeWhySilver People are still accepting my Euro's, and like in Germany, most of the dutch don't see the economic collapse that's ahead, they still think we're on our way to recovery..

in reply to your long comment: True, we don't really know what things will be worth then, for that reason I have also stored decks of cards, tobacco and whiskey, still expanding on that as well. : )

[WhyMeWhySilver]

@TalonNL999 I have a few bottles of Gentleman Jack put back myself :>)

[VotePaineJefferson]

Good question: The US Constitution says ONLY gold and silver can be legal tender.

The ruling elite have, over time, swindled the American people out of their real wealth in order to easier manipulate and control the working class. The problem with using silver as currency today (at least for me) is that I don't want paper for change. So I'll continue to hoard my silver until we're using at least GOLD again as legal tender.

[WhyMeWhySilver]

@jefferyratcliff79 Just because something has a great value doesn't necessarily mean that it's value would continue to be if there were to be a collapse. People are even convinced now that copper will be a metal to barter with if a collapse occurred.Not me, there's simply an abundant supply of copper above and under the ground. The retail markets are making a killing off of these people that think that way. If that comes to be true. I'll just jerk some copper wiring out of my walls if I need to.

[goldenthroat86]

@VotePaineJefferson Not quite. "The congress shall have power to coin money; regulate the value thereof ..." It says nothing about only gold and silver being legal tender. You are confusing this with "No STATE shall coin money..." or "...make anything but gold and silver coin a tender in payment of debts..." Individual states can't coin money, but they can use gold and silver coin as payment of debts. The US used paper money (along with gold and silver) since its earliest days.

[BatusaiJack]

i would use up my bullion coin collection in my retirement or when a collapse happens.

[Dasdfjkl]

Would you buy this coin for 5 dollars? 'No' What if I told you that this coin was worth 20 dollars. Then would you buy it for 5 dollars? "No' How come? 'I only have four dollars and fifty cents'

[stuff123995]

I feel that a major problem with using silver or gold as money today is that the government would need control over the precious metals market to prevent dramatic fluctuations in the price of the metal. Not only would I not like that, but it would ruin the dollar value that so many people have invested in say an oz. of silver. After all, we can't mint 90% dimes or quarters if silver is still $36 an oz.

[WhyMeWhySilver]

@jefferyratcliff79 Hi jeff....I'm not savvy when it comes to platinum or palladium. Yes silver is also an industrial metal but lets not compare it to any of the other metals ok. I think that we could certainly do without platinum to the greatest extent. Not silver.....even though it's a cheaper metal.......which do you think is the most important or most vital? Which can we do without? Platinum of course. As for platinum dropping in an economic collapse....I think I agree. Continued---->