THE REAL TRUTH ABOUT FIAT CURRENCY V/S GOLD

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Uploaded by on Jan 20, 2012

Gold has ben valuable for thousand of years. Fiat currency continues to decline in value. Which is a better tool to store wealth?

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  • @MrSilverHound There is 5-10 x more silver above ground than gold. The problem is that most silver can't be bought as investment since it's already used for production. So gold is still more rare but in the future this may change.

  • Gold is NOT very rare - it's simply horded. SILVER is more rare than gold. The reason it's so much cheaper is due to silver paper manipulation in the market.

  • @eyewarnedyou I agree. Gold is a good investment. Silver is far better. Dollars are terrible. Long term, we will be proven right.

  • Nice find, thanks Greg. Yes, metals will be the next bubble methinks.

  • That was awesome!

  • @JustABitchyCancer Good point

  • @Johnnyrockva What about some of each?

  • great vid....ez to understand. But I still think silver is a better investment. would like to see a similar silver video

  • Well this video is straight to the point.

  • Very interesting. I'd heard a fact before, I think on Modern Marvels, that said that all the gold ever mined would fit in two and a half Olympic sized swimming pools. There's about 3125 cubic meters in an Olympic sized swimming pool. There are 620,509 troy ounces in 1 cubic meter, do the math :)

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