The Current State and Future of the Mining Industry with Pierce Carson CEO of Santa Fe Gold
Uploader Comments (visionvictory)
Top Comments
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@SuperEye2eye Paper backed by something, a stock is a certificate. How else am I going to own part of an operating mine? In my opinion, this is part of a hard asset portfolio. But hey, I understand the mistrust in the system and am certainly not going to try and change your position. I respect your idea of only owning physical. I will point out though that if you look at the history of economic collapse, deflation, and hyperinflation, the stock markets are always still around.
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Come to the FutureMoneyTrends channel to see a separate interview of Pierce Carson
Video Responses
All Comments (48)
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just buy physical , forget all paper
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If he is not buying physical gold or silver then why should I? I think its kinda funny that a CEO of a mining company doesnt even own what he does business in. Funny He only does junk silver, seems to me bullion is a rip off. Also if the dollar does become undervalued who's to say that gold and silver will be worth anything? Gold and silver are based on today's dollar prices. Food, Water, Ammo will out perform gold and silver!
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thank you daniel. excelllent vid and info.
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@visionvictory thats the one, a very 'physical' Image :) love those asian tubs. Thai?
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@stealinator You mean the desk at the office of his mining company :)
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watch?v=QJTF-Ke2oPU&context
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@SteveXnycperformance Would`nt make a difference. The bankers already have total control on all gold, cause the monitor and dictate the price(fake) for gold. The locals or gold owner should be able to bargain his price with the buyer in the world market ,but since the bankers set the price for everyone gold,you are all getting rob, and will get rob of all gold when the banker send the army to rob u. miner are dirty away so sling mud in they eyes..lol.
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@cassanoa exactly, reminds me of the photo offten used of Jim Sinclair sitting at his desk proudly displaying a measure of his real wealth.
I really am very skeptical about paper that are "backed" by anything. I' d rather own the real stuff & not paper.
nayanmalig 1 month ago
@nayanmalig Look, I totally understand your concern, but remember, stocks are backed something. They are backed by the businesses, the properties, the tools, and even the work force. It is an ownership share of a company.
visionvictory 1 month ago
Hey i know this is a dumb question but how do i get started buying stocks id like to invest in this company as well and maybe a few other, who do you use?
jake4569 1 month ago
@jake4569 I use OptionsXpress, but Etrade is better for the resource sector since Etrade does TSX companies. However, make sure you understand the situation, you need long term food storage, water, physical metal, ammo, and a plan for your family. Once you are ready for the worst case scenario, then if you feel comfortable, consider other hard asset investments like mining stocks.
visionvictory 1 month ago