Golden Opportunity in Silver

Go to for this Exclusive Siver offer: schiffgold.com/key-gold-news/...
This special SchiffGold offer gives you a rare opportunity to invest in “junk silver.” These coins are particularly valuable for barter in times of financial crisis. But junk silver is getting harder and harder to come by. As the value of the silver in pre-1965 quarters and dimes increased, demand for the coins skyrocketed right along with it. People began holding on to them. Today, finding an old silver dime or quarter in circulation is a rare treat. Shortages of “junk silver” have kept premiums high. Over the last few years, we’ve seen the premiums rise to as high as $6.00 over spot. But we have obtained a limited quantity of these coins from one of our suppliers. You don’t want to miss this opportunity!
OFFER DETAILS
Special runs from July 11 - 5 p.m. July 19, or until limited supplies run out
Just $1.25 over spot on all orders
Minimum order two $100 face bags
$25 shipping and insurance
Free domestic shipping on orders of five or more $100 face bags
International shipping available. May incur VAT taxes and additional shipping fees
Call 1-888-GOLD-160 (1-888-465-3160) to learn more!
Here’s how to calculate price per $100 face bag.
(Current silver spot price + $1.25 premium) x number of ounces = Total price ($15.70 spot + $1.25 premium) x 71.5 oz = $1,212 per bag

[@travv88]

Raise your hand if you wish you saw this video when it was released and started stacking then.

[@anthonyg6221]

I just added 60oz to my stack this week! Love Silver!

[@anthonyg6221]

K Panda not at the rate paper money is being created. this paper money experiment is not going to last much longer. once qe4 is announced that will be the start of the final chapter in paper money

[@jameskaye9729]

look at a 100 year silver chart

[@anthonyg6221]

We're heading into a complete shitstorm of paper money. Worldwide paper game is bigger and more hideous than anyone could have ever imagined just a few years ago. This is going to end terribly and you cannot base anything on historical charts. Nothing like what the FED, BOJ, EU has done has ever been tried before to this level in history. Ask yourself, if every paper currency in history has failed, what do you think will happen this time around? You are running out of time to get all your ducks in a row. Just ask the people in Venezuela.

[@jameskaye9729]

You're not thinking about how the fractional reserve banking system works, if there were a crash caused by the perverse incentives from the central banks people will be unable to pay back loans, so banks will stop creating loans. When you make a loan with a fractional (or in many cases 0) reserve banking system you create money, so when no one is making loans you get deflation which is bad for commodities. Every crash shows this just look at the gold/silver price in 2008. Only after gold looses about 50% of its value should you buy commodities to protect yourself from the fed. The only way to profit from a deflationary crash (every crash is deflationary otherwise it isn't a crash) is to buy stock shorts or just hold cash and buy gold/silver at the bottom for when the fed tries to "fix" it

[@robbycast]

Aids Skrillex you make so much sense thank you for that breakdown of information. sound like something Harry Dent would say :) I have question, what if the fed can't fix it? Cuz schiff along with many others believe that quantitative easing won't be the solution anymore. What do u say to that?

[@charlesfuchs]

Gold Money needs its own cryptocurrency backed by silver! :)

[@edwaggonersr.7446]

Great show Peter, the audio-video is really much better than just audio. Thanks.

[@superiorseven4814]

Idiots complaining they lost money buying metals in the $30s really don't understand how investing works, hence the reason why they are most likely poor. The more people hating on this comment section the more I am reminded of the quote; *"buy when everyone wants to sell, and sell when everyone wants to buy."* If your not buying now, greed will take over and you will most likely buy from me when I will be selling at the highs. And your poor cycle repeats itself.

[@FortuneSeek3rz]

Ok, but why can't silver get any traction? The electronic age is currently at full throttle and for some reason or another silver is dead. Rather disheartening.

[@superiorseven4814]

The electronic age does not turn existing assets into redundant disposables. In fact it has created a lot of malinvestment, hence record low interest rates all around the world. Silver hasn't made traction yet for various reasons including that of the paper exchanges, and that of a perceived recovery in the west. When people no longer want yen or dollars for inflation reasons, where do you propose they put their savings?

[@Veritas21000]

Who's the idiot now nine months later silver is still in the gutter and nobody wanted it then and nobody wants it now? Your quote is a false notion given to those who think they know how the game is played.

[@Veritas21000]

Really, well silver is even lower now and continues to drop you are holding an asset that continues to go down. How does wealth preservation work when the price keeps dropping, it pays no dividend and you pay a premium buying (physical) silver and selling it. Time to apologise to those you called idiots. Many people bought and held physical silver after the run-up in the inflation-fueled Carter years many of those people weren't around when the metal started to move 20+ years later. It is sheer folly to hold something that is dead in the water for decades waiting for a move upward and depriving those investments dollars to grow. A ten thousand dollar investment in the stock market in 1980 would be worth over 3/4's of a million dollars. Think about that when you are playing with your mercury dimes.

[@jackiebridges3476]

your reply is so right and my silver guy confirmed to me exsacally what you said happens like hive minds we are smart enough to step out of this nonsense pattern of thinking. I'm stacking silver on sale loving it.

[@kimhy3587]

thanks for Great Video. So Do you Think 13~15$ per 1 ounce is Bottom For Silver??? i am Considering Whether to buy Silver at a time now or buy some now and buy When it falls later

[@bobsilver3983]

I'm holding my silver for when it goes into the hundreds per ounce...then I will sell it and buy 1965-1970 GM Musclecars.

[@MetroidMan90]

Great video. Most novice investors sell during bottoms when they should be buying. I'm going all in on silver right now.

[@HenrikRClausen]

Very nice analysis, thanks! Visually, it would be nice if Peter would stand a little further from the logo. Golden Ratio is a sweet spot to be in.

[@enacku]

silver is so tempting, I keep on telling myself to save up for gold but then silver is so attractive right now.

[@pauldriveklepp]

This was a good video, Peter. I thankfully respect the advertising at the end.

[@juliekelliher8259]

thanks for the info.. i truly appericate your time and effort !

[@thatrandomchannel8589]

Thanks Peter ! Mike Maloney put out video today and didn't even mention silver it was obviously a old prerecorded video.

[@NicosMind]

I like to try and buy low and sell high, but i also dont like going against momentum. Ill wait for a turning point and jump in there. Try to maximise my profits. Im amazed at all the people who laugh when precious metals or other things drop and brag about things getting expensive. If they went to the shops and found something on sale would they ignore that and buy whats getting more expensive? Oh and look at how expensive the markets are PE wise. Its been pissing me off as its been expensive for a while but Buffet is holding something like 84 billion waiting for things to get cheaper, and last i heard was talking about paying dividends for the first time ever as he cant find something decent to do with his money.

[@edwaggonersr.7446]

Anybody that buys physical gold and silver with the idea that he is going to buy low and sell high is an idiot.

[@lineinthesandministries7873]

Hey Peter Schiff, I have a question for you. I can not seem to be able to purchase Gold because it is to much out of my reach, however, I have been purchasing silver for a while now. Will I be ok financially during this collapse with just silver?

[@petezahutt5174]

Last time spot silver was down like this premiums on your top coins like eagles, maples carried 3-4 $ premiums if you act timely yes you can get generic or bars at a low cost junk silver also.

[@unitednoobies898]

I see this as a good investment/ wealth preservation due to its thousands of years of track records. Peter is stating the facts about the JPY and his theory on its connection to PM pricing. Don't understand why people are bashing and complain about his opinion.

[@MrNeumanco]

Buying another stack of silver. Peter is a 1 percent. 1 percent regarding smartest. Invest now to not only hold against hyperinflation, but for a long investment down the road

[@excalibur3311]

As someone with a good amount of disposable money, what would be the best way to buy silver? Coins? 10 and 100 ounce bars? 1 kilo bars?

[@nightraker]

Either the junk coins mentioned here or American Silver Eagles or Canadian Maple Leafs (1 oz rounds). The Maple Leafs are about a dollar cheaper premium than the Eagles each. Any of those 3 are easily recognizable and spendable after that day without the concern of making change. Come the crash, trillions and trillions of value will disappear, poof, and the pennies left will charge into precious metals with a vengeance. Also, look into goldmoney.com to store metals offshore with an attached MasterCard to convert/spend in fiat.

[@Skeptic100100]

Thanks Peter, stacking silver while I can

[@DimitrisAndreou]

Fun fact: In Greece, what banks offer with regards to gold is the following: an ETF tracking gold mining companies (not gold itself but ok, it's a proxy, not that bad).... with a total expense ratio (TER) of ~2%. Per year. Like, holding metal that every year 2% of it gets trimmed. Defeats the point!

[@tinfoildavy5135]

Sorry Mr. Schiff, CMI has junk at .99 over and SD Bullion has generic rounds at .49 any quantity. It pays to shop around!

[@derrickcoggins323]

Great analysis from Mr.Peter Schiff,great author, great books(Crashproof and Crashproof 2.0.

[@CPRATTBOSTON]

Question: I just listened to Dr Paul Craig Roberts. If the paper market is manipulated and controls the metal prices why invest if you cannot get fair price?

[@dutes6668]

Its manipulated downwards. Manipulation never holds long run. So the manipulation works in the buyers advantage.

[@xcvsdxvsx]

It's true you wont pay a fair price. But its unfair the other way! Unfair in your advantage!

[@CPRATTBOSTON]

Ok, I hope so. I bought the metals in physical and mutual funds so Fr I am way down. I have no intention in selling what I have any time soon. However, I question buying more rounds and bars. I was thinking GRADE 70 coins.

[@grantwartnik4572]

Thanks for sharing how to tell the difference between a real silver coin and a counterfeit.

[@jedi_mario]

I agree with you. I bought some last week.

[@FortuneSeek3rz]

Has silver ever not been a buy?

[@non-sense7084]

7/14/2018 silver under $16.That's Schiff advice.

[@DemocracyDoctor1]

The issue is not so much the current price of your investment, BUT, how well does it store value over the long haul?

[@josem6761]

4/14/19: Silver back at $15oz USD; from $14oz USD in 2018. GSR at about 86.

[@pacearrow4620]

I bet you wish you backed up the truck!

[@AndreMcclendon]

Are you still working with GoldMoney? Do you know any company that does what goldmoney does but with silver?

[@LacusTheDestroyer]

*Why Silver Is A Buy Now* - Peter Schiff, Published on Oct 2, 2012 (Silver at $34.85/oz)

[@LacusTheDestroyer]

+Holocaust-Denying Flat Earther Strawman. I never mentioned Cramer or any other CNBC host, and I am certainly not defending them. When I present you with something Peter Schiff got wrong, the only valid way to rebut me is to present facts and/or data as to why he was not actually wrong. Presenting a completely different thing that a completely different person also got wrong is always a strawman and never a valid argument. In other words, if you talk about anything other than Peter Schiff's 2012 silver forecast in this thread, it is automatically off-topic.

[@geneeverett7855]

Ur point ?

[@geneeverett7855]

Snd will leave many broke

[@xillian344]

He sells silver so of course every day is a buying opportunity - he makes money on each sale. Asking him if its time to buy is like asking a car salesman if its a good time to buy a car. The answer will never be no. Not saying that silver is a bad investment, you just can't rely on a salesman to tell you when to buy.

[@RR-js9kl]

LacusTheDestroyer.......what do you suggest we buy.

[@MaSTAChO87]

you mentioned historic average of silver to gold is 16:1. where can I go to check if this is true?

[@PCMechanic]

The internet.

[@bolivardigriz8847]

I wish I could've bought $30k, but at least I was able to buy a little a few days ago!

[@joem.7621]

Nice choice of tie for this video Peter.

[@gcg8821]

and no price manipulation?

[@adriantyler1820]

If 2 dimes bought a gallon of gas in the 30s and 2 dimes weight of silver sold at $16 / oz buys a gallon of gas in 2017, what is the strong argument for silver being under valued? There is a remarkable correlation of buying power between the 2. What am I missing?

[@organicflatearthprepper7498]

I cant believe we are in Mid 2017 and we are still trying in this nightmare economy with $15 silver. If you would of told me this in 2011, I would say, "no way".

[@jameskaye9729]

silver/gold is always a buy for Peter because he makes his money by getting people to buy.

[@edwaggonersr.7446]

Ford and GM sell cars and advertise them all the time. What the hell is your point. You are a dumb ass.

[@jameskaye9729]

Ford don't tell you the value of your car is going to increase after you buy it.

[@edwaggonersr.7446]

Aids, Peter believes that the price of gold and silver will rise as the value of the dollar declines. As he has demonstrated many times, it took a silver quarter to buy a gallon of gas circa 1950 and you can still buy a gallon of gas for a silver quarter today. How is this saying that the "value" of precious metals is going to increase? If you wanted to maintain the purchasing power of your retirement savings, what would you buy? Maybe you have a better plan than Mr. Schiff.

[@jameskaye9729]

Look at a 100 year inflation adjusted chart of gold or silver, the values are very high at the moment. Inflation is the increase of the amount of money in circulation so you can protect yourself from it by buying commodities, including gold and silver at the right price. Peter was saying to buy Silver at $35 oz You would be better holding an inflating currency than making a loss in an inflating currency. I keep my money in short term investments of a few weeks to a few months, I've been in a short gold ETF for over a month now and I'm pretty sure it's been more profitable who have been long metals. Follow trends don't just hope it will go up.

[@edwaggonersr.7446]

Aids: Not everybody "invests" in physical gold and silver with the idea of buying low and selling high, for one thing the commissions are too high. Most people who, unless they are fools, buy physical gold and silver purchase small amounts over time (dollar cost averaging) with the intention of holding it over the long term. These people don't care an iota about making a profit, they are buying insurance. Many of these same people trade paper (electronic) gold and silver, just as you do, hoping to make a short term profits. A few of those who buy and hold physical gold and silver watch for changes in the price ratio between the two metals, which historically is in the range of 15-30 to one; since the 1970s the ratio has usually been about 30 to1. Today the ration is about 77 to 1; making silver very cheap relative to gold, if history is any indicator. A lot of people are risk averse and haven't the iron stomach necessary to trade precious metals like you do, the thought of having to be on constant alert and the real threat of margin calls is too much for most "investors"; these are the people that buy physical an hold. These are also the people who like Peter Schiff a lot, he is their man because he understands their desires. Lots of guys my age have been dollar cost average buying small purchases since 1973 when silver was about $1.50 and gold was less than $100 an ounce. There is more than one way to skin the cat and not everybody has the same desires.

[@nohobob]

I HAVE TWO ITEMS TO BE ANSWERED. I bought during that dip. i wish people would learn to stick to their guns.. it took a while because most places were asking a high premium. my question is if there is a collapse and a 3 month bank holiday who will set the prices of the silver and gold.

[@russellsaturley533]

the market will, and it will be high because no one has any cash.

[@zanaris-falador]

There are many technical factors that moved silver to $50/oz. We need fundamental changes in the way silver is used in the industrial complex. Unfortunately, silver is being used less and less in electronics, computing, mobile communications BUT being used more and more in photovoltaic applications (i.e. solar energy). If solar energy experiences any type of significant demand increase over the next 10-20 years, silver just may be a good investment. Short of a dramatic industrial complex demand spike, Silver will be up and down for the unforeseeable future.

[@brianhanley3649]

What is silver worth in Venezuela?

[@wwadkwona]

Captain B I read an oz of Silver in Venezuela could buy you 3 months worth of food

[@brianhanley3649]

Thanks.One oz. paid to whom ?

[@edwaggonersr.7446]

Gosh, how dumb can you be. It is paid to the guy that has food to sell,, probably on the black market.

[@brianhanley3649]

How many B's for an oz. of silver

[@abe1026p]

What is a dollar, a pound, a yen, a euro, a loaf of bread, an apple worth in Venezuela? Your comparing an inflated currency to things outside of it everything is more expensive when compared to it.

[@ww9952]

lady at the insurance company said the computer can't be wrong. it was. the butterfly effect!

[@squishyplums2415]

I would avoid junk silver but I am all in on 999 silver bullion now. Great video Peter. Thumbs up.

[@pacearrow4620]

Boy were you wrong avoiding junk silver. 😮

[@squishyplums2415]

@@pacearrow4620 Nah. I still prefer bullion over junk.

[@pacearrow4620]

@@squishyplums2415 I just checked and apmex wants $19 over spot for 90% junk silver! Holy cow and they are sold out of everything except half dollars...

[@Cryptoversity]

Diversify between self-sustaining/off-grid real estate, weapons/ammo, silver, BitCoin/BTC (20% of which, convert evenly between LTC, KORE, NEO, XEM, VTC, XVC, QRL, PIVX)

[@chobson8602]

thanks peter just put my life savings in silver

[@jeffuehrer]

If nothing else you can workout with your stacks of silver and gold.

[@1stNeoSpartan]

My only regret is that I didn't have more cash to buy more silver than I did yesterday.

[@notsurenone2199]

thanks

[@nicolasfat]

I think commodities in general are cheap. Just the commodity price-to-unit-cost alone makes them attractive. Oil may be an even better buy on this basis. There are small cap oil stocks that are currently at 15 year lows and extremely cheap by almost any measure. Agri. fertilizers are also so cheap and out of favor. Look at ESV:nyse or RIG:nyse; UAN:nyse.

[@chrismass9761]

As of today...Japanese Yen 1.00 = .00094 US Dollar. you make the correlation between the yen and the cost of silver if the yen goes up...so on the day of this video silver spot was 15.20...as of today March 7, 2018 the price is 16.54...confusing to me but you were correct around the fluctuating price of silver....confusing

[@hanssortti3314]

SILVER IS CHEAP NOW. I'M STOCKING UP AND HAVE BEEN STOCKING UP FOR LAST 10 YEARS.

[@MrMarkEdward]

Hans Sortti from today: Over the last 10 years Silver is up 8.5%. Since this video over the last 2 years silver is up 6.25%. This sucks!! I own some silver but crypto currencies are killing it!!!

[@tz1494]

whats the average life span of a world reserve currency?

[@NN-hq7fx]

Omg peter talking about silver instead of gold?! finally!!

[@matthewm9261]

Call now operators are standing by!

[@michaelpadgett8729]

Did anybody else pick this up as a huge pitch for him to dump his own silver?? Silver is such a great buy right now that if you have gold, we'll buy it and give you our amazing investment. We'll also sell you our "Junk Silver" over spot because it's that great of an investment right now.

[@EBIRCSBUS33]

it is a buying opportunity buy silver but im stingy im waiting for it to go cheaper when it goes high trade it for currency buy land/food/truck/silver is way more volative then gold.

[@alan30189]

Now down to $14 spot! 😳😯😦😧😮😲

I love silver and keep stacking it. Would rather sit on silver than paper.

[@gurbirsinghkhalsa3909]

Just bough silver on sale

[@YoutubeSucksEggs]

One world currency does exist it's called gold and silver.

[@garzax25]

I know silver is manipulated, but if it was not, the price will be more than 50 dls, but all products that use silver, will increase 50% or more.

[@pacearrow4620]

Hi Peter I am from the future, it is 2023 AND YOU WERE RIGHT! That was a great deal on silver.🎉

[@kashifgul5110]

Silver mining cost is about 9- 11 usd. please tell us why the price should sky rocket?

[@dutes6668]

Demand.

[@sethgreenman]

source? Most silver comes as a byproduct of gold and silver mines, so claiming that cost is pretty bunk.

[@kashifgul5110]

Well you can google the major silver miners around the world and you can check their financial statements. Right from the horses mouth. Most of them have an AISC (all in sustained cost) of around 9 - 11 USD per ounce. Even if the cost was few dollars higher than this. I dont see how the prices of silver should skyrocket like these interviews are trying to make us believe.

[@rockthestrand]

Wow, more who would have thought Peter would be here to say buy silver and/or gold......

[@user-gx8mr1gq1n]

$ilver will be the next only biggest thing.

[@floydrosinithejourneymanss1766]

Great message Peter. Love your tie!

[@marsirinco6100]

Okey sir 80,m Philippines peso, thank

[@murphycanada]

Coin silver not junk silver. Silver is never junk

[@DeeegerD]

I don't even pay spot on junk silver.

[@LibertarianRF]

reminder Peter owns many assets not just PM....

[@jamesbetker6862]

U.S. Constitution - Article 1 Section 10 Article 1 - The Legislative Branch Section 10 - Powers Prohibited of States No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility. Where has there ever been an amendment to the Constitution to change Article 1, Section 10 to reflect any change in the coinage?

[@KB-vv8gr]

I'm not saying not to own silver, but if we ever had a crisis where the price skyrocketed, say $500 an ounce ( could be much more) silver dimes would be too valuable to use to buy small items like a cup of coffee. I guess at that point copper pennies would be used to buy those types of goods.

[@xcvsdxvsx]

Look up rydell penny sorter. I have one it's great. Stack all the things!

[@Jdog1668]

Yeah I followed Peter's buy recommendation to buy silver near $20, $25, $30... still holding my nearly 50% losses for few years now.. thanks Peter. :(

[@nono-mk7jg]

Its on sale right now here on Schiff gold and silver. Ha ha sell your gold for silver to me!

[@marnus9809035]

I would sell my gold for silver. but i listened to you last year October and I bought gold. So if I sell my gold i will lose 30 %

[@MrThiefHater]

I buy PMs to give to my children in 20 years...

[@striker890trewq7]

What about Copper Peter? Wouldnt Copper be more Volatile than Silver and even more than Gold? Copper may be better than junk silver. Because its cheaper but its not Junk. Wont be as much as Silver but Its Copper.

[@michaelhanover941]

Peter, any chance Goldmoney will have an option to buy silver?? You could call it... Silvermoney!

[@nightraker]

Goldmoney will allow you NOW to buy silver and store it in an offshore vault of your choice.

[@budiman-kx8dt]

JPY one of the worst affected of hyperstagflation

[@justinhunstad]

A year later silver is trying to break the 14 support levels.....

[@joewger]

I have a Yen for Silver and Gold. Cryptos are on the Rocks and Bitcoin may not survive the August Fork Split if it happens.

[@geneeverett7855]

Man how many people commenting are losers in there parents basement! So many Trolls

[@gavinburger9435]

Gene Everett, so true. How many times does Peter have to be right before they start listening. Everyone wants to believe he is wrong but in reality he is just trying to warn everyone what is coming.

[@Xatos1337]

Peter, how are we supposed to sell our silver when the day comes to cash in? Let's say it hits $500 or $1,000, who is gonna have the capital to buy all of the stacked supply? How will we all unload? Who will buy?

[@rileyredhot5411]

the reason it is 500$ an ounce is because people want it. Tiny supply of silver if demand spikes slightly price will explode to fair value

[@Xatos1337]

riley redhot That doesn't answer the question. Where will the trillions of dollars in capital come from to make that happen. I want Peters answer, not yours.

[@chrismares1851]

you "cash in" by spending the silver on real stuff.

[@anthonyg6221]

When Silver hits new highs, $50, $500, or even higher, people will be clamoring for it. And you probably will not want to sell for paper fiat. I will only sell silver when I can trade Silver for land. If I have to move into fiat for the transaction so be it. I will never hold large amounts of fiat but trade fiat for something else that is proven to hold value. I think you will be surprised how much land you will be able to buy with small amounts of silver when it moves. I'm hoping to get rural acreage in WI so I can be away from the cities when this paper sham game falls apart.

[@rileyredhot5411]

the trillions will come from the paper the fed has printed over the past 104 years

[@kingjamesviscotland241]

Silver prices may be low, but there freaking premiums on sites such as APMEX is sky high. That's why I not buying silver.

[@xcvsdxvsx]

That's how you know you are reaching a bottom. Go to comparesilverprices.com, find the cheapest price on the internet for 1oz medallions and ask schiffgold to price match. They will.

[@asabovesobelow8901]

also if you're end game is cashing out in $ you can just buy the etfs. bought uslv this morning and already up 2%

[@alexanderbjerkvik]

BTFD? Or just wait for the bottom?

[@Grady00683]

Make sure you don't buy fraction silver because boy does it get

[@CBUCK1994]

Peter since your bank failed maybe you should try to start a bullion dealer id order silver and gold from you

[@geneisxincuenta9447]

Remember the golden rule, we at this situation because of it. Don’t be fooled!!

[@moriendus]

maneco64 has been saying the same thing about the yen/PMs prices correlation for a few months now

[@veriappelsiini]

What is your opinion about bitcoin? Do you think it will replace gold as a reserve currency of the central banks?

[@chrisl8131]

Correct me if I'm wrong - don't think I am - but weren't you saying junk silver was a scam like 2-3 years back?

[@noblelies]

Actually, remember reading the exact opposite in his book Crash Proof 2-3 years back.

[@wokenews7336]

Schiff like a boss

[@NicosMind]

How do you price cryptos? What percentage of people are buying for speculation vs buying then because they actually think theyre a good currency? What percentage of cryptos are being used for currency? And how can you use something as a currency when its value fluctuates so much? Nothing is prices in bitcoin for example and its about the only "coin" accepted for goods. So that puts the demand down to 100% speculation for just about every crypto that exists, and for bitcoin only a small percentage of it is ever exchanged for goods, and when that happens its never for a set amount of bitcoins. So when governments turn on cryptos, as they have always done on local and competing currencies (just look at the history) what percentage of the market is left then? The few people who do peer to peer transaction now will shrink as many if them are speculators, what percentage of them will survive who actually want to continue using them? I dont know when governments will turn on cryptos, or even the reasoning. They want to tax everything that movies. Theyve demonised gold buyers in the past if cryptos get as big as many speculate they will certainly be attacked by a few countries and thats already happened in Venezuela. And you dont even need a negative policy from a country just a politician or two screaming a storm and that would do damage in America or Europe etc.

[@markzajac]

Wait. Cash in my losses in gold and buy silver???? So buy high and sell low? What is this a Seinfeld bizzaro world?

[@hOtneO]

Cyprus was Japan's canary in the coalmine...and Japan is the canary in the coalmine for the US...it is a gradual staged breakdown of the system.

[@richarduk679]

SchiffGold must be the kindest most generous firm on the planet. Still, tell me why would SciffGold take gold for silver when it recommends replacing gold with silver? Duh...

[@pacearrow4620]

😂 because Gold is the most liquid market in the world. And Metal dealers charge fees DUH SO YES YOU CAN EXCHANGE ONE METSL FOR ANOTHER

[@nomoreserfs]

Lots of negative sentiment on the precious metals even among the alternative media who have jumped on the crypto train. Great time to stack.

[@george4vIogging]

2 years later. How is that working out for you?

[@nomoreserfs]

@@george4vIogging 😂😂 👍😎 Working out great!

[@george4vIogging]

@@nomoreserfs My man! Gotta be diversified in these times!

[@mr.rothstein461]

Gold and BTC for inflation, Gold, BTC, Silver for extreme hyperinflation. I’d rather BTC and have all 3. Valuable Lightning fast digital online transactions in an Internet world. Let’s be real. The world conducts businesses vastly different than in 2008. Malls were still a huge thing. Smartphones were new. Amazon just began selling shit other than books, Netflix was through mail only, etc...

[@abialo2010]

man selling silver is saying buy silver... seems legit