Hold until Gold $1100 or lower and sliver $17.40 or lower
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Uploader Comments (davincij15)
Top Comments
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...my advice is two flip a coin:
heads is a buy
tails is buy more.
2 years ago 5
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Most central banks around the world are buying gold at record amounts. A majority of countries are following our lead with low interest rates/money printing, devaluing thier currencies to collapse. Before collapse, governments in tandem with the US raise interest rates. Giving an illusion of a stronger currency. Deflating perceived gold value drastically. They buy up the cheap gold. The high interest kills whats left of our collapsing economy and currency. Usher in a gold backed world currency.
2 years ago 4
All Comments (102)
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What everyone forgets... Gold does not change in value, the DOLLAR does, it just takes more dollars to buy an ounce of gold because the dollar keeps falling in value!
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I think one important thing to remember here is that we shouldn't try TOO hard to time the market. Growing up I was always told to put the same amount into savings/stocks or whatever the investment was and I think the same should apply to gold/silver. Just buy the same $ value each month and your stash will be huge before you know it.
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Im waiting for you to be right about 1 thing in your vids.
I love how you say "The stock market has gone up for a long time now...about 9 months." That's not a long time....
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I understand your fear, its real and justified since your hole life all you have ever known is paper money.
By reading history I have the opposite feeling I'm afraid to have any paper money at all.
Picture this you live 2000 years and in that time you saw 3800 paper money come and go. What would be your conclusion?
All I can suggest you do is start reading, it took me months and 100s of hours of reading to have the confidence I have today.
Gold and silver IS money, Its an absolute.
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I think that $1000 is the new floor for gold from this point on. Once it hit that landmark and stayed nearly all investors in gold will jump heavily on $999 and under sending the value back up over 1k. Can anyone give me a scenario where this is not the case?
sinnersavedbygrace7 2 years ago
$1100 now became the new floor.
davincij15 2 years ago
Thank u Davinci!!! Where can I purchase gold and siver safely,,,I am going to convert a good amount but have two little ones and not enough time to research .
fleurbrun 2 years ago
This may or may not be the bottom so scale in 10% to 25% at a time.
Best place to buy is Apmex, ask VisionVictory for a coupon code I'm sure he has one as he as spoken to the VP.
BTW I have to kids and I did not buy gold and silver for 2 months after I read all about it. It made me feel secure that I made the right choice since all other financial advice has been false.
Take the time to read "Guide to Investing In Gold and Silver" If you have any questions, just ask no mater how basic.
davincij15 2 years ago
dude........why dont you talk about things like the collapse of the Greece economy ?
This has a bearing on the dollar. This is why I cannot give much credence to the doomsdayers on youtube, you dont understand how everything is interconnected.
Did the EU or UK have any major loans to Greece ?
Is Greece going to default on loans ?
jmallton 2 years ago
-Its a nail in the coffin for the Euro.
That's nice don't watch.
-Yes.
-Yes unless they get a secret bailout like Goldman sucks did via AIG.
davincij15 2 years ago