REAL HYPERINFLATION CURRENCY, GOLD & SILVER!!!

Just a quick video on the History of Currencies, Hyperinflation, Gold & Silver.

[@HappyBirdsGlitterNest]

Very interesting! Thanks SR1!

[@Silveready1]

thanks for watching HB

[@HappyBirdsGlitterNest]

Silveready1 I did some research on my own and I have to tell you that everything you have told us is right on spot! I really appreciate your expertise. Your videos are very accurate! Thank you SR1! You have a subscriber for life!

[@Silveready1]

OneVeryHappyBird much appreciated HB.

[@bulkheadshobbies3489]

This is one of the reasons I exchange my $ to silver/gold.

[@darrellcummings5143]

Great illustration

[@Silveready1]

Darrell Cummings thanks for watching Darrell

[@marcussilveritis4385]

Very informative,thanks.

[@Silveready1]

appreciate it Marcus

[@stackingnpacking946]

Good video, thanks for sharing:)

[@Silveready1]

SilverPicker Much appreciated, thanks for watching.

[@stackingnpacking946]

Anytime buddy:)

[@101platayoro]

Fascinating! Thanks for the views..

[@Silveready1]

101platayoro Thank you.

[@mickyhovis]

great currency collection!

[@Silveready1]

Mickyhovis Browne Thank you, thanks for watching.

[@SilverSpeed]

really good video. thanks for the talk.

[@Silveready1]

Silver Speed Thanks for watching.

[@veritasfiles]

Gold & Silver are natural money. In other words, its in their essence or nature to be or to serve as money, and they always will. We may come up with money substitutes for them in order to fool and fleece the populace, but that will never change their nature as money. Money on a Gold standard and insurance on a fiat standard, but in every single case.....a store of wealth and real money in an ultimate sense. I'll be buying Gold & Silver for the rest of my life as a result. If I never need it, I'll pass it on to my family. How can I lose? So long as I don't start loving money, which I really do believe is the root of all kinds of evil, I think proper prudence makes me a buyer from here on out. Great vid!

[@Silveready1]

veritasfiles excellent comment, couldn't agree more!

[@stumpjumper9304]

Excellent video !! Just like today, I'm sure most people in those countries thought it couldn't happen to their currency if they even thought about it at all.

[@Silveready1]

Very true, normalcy bias can be dangerous. thanks for watching

[@dondesnoo1771]

That's why small denomination PM's are important cause conversion would be difficult in chrises.😎

[@dondesnoo1771]

I've been saving small clad dollars nice ones & halves as well fed dollars and treasury dollars are different rather use than silver if nothing you'll have a coin collection.😎

[@silverstreak4824]

Good video. Thanks for sharing Silveready1.

[@Silveready1]

Thanks for watching Silver Streak

[@natkruebbe]

Great education on real money! Keep them coming. Have you seen any good deals on Ebay lately? You seem to be able to find some good deals and I have taken your suggestions and done well. Thanks.

[@Silveready1]

Thanks for the nice comment I haven't seen any great deals on ebay lately ser generic silver rounds seem to be about 2 to 3 dollars over spot but I keep my eyes open and if I do find a good deal somewhere I will definitely post thanks again have a great day

[@MancunianStacker]

Got it: Governments raise interest rates to combat hyperinflation, so the prime rate would likely rise if hyperinflation occurred!

[@Silveready1]

I think eventual hyperinflation is unavoidable at this point

[@MancunianStacker]

So if I had a £100,000 mortgage and my currency hyper inflated I could potentially repay my mortgage debt in a day? What happens to interest rates during periods of hyperinflation? I think I'll google that and see! Good video - thought provoking 👍

[@Silveready1]

Mancunian Stacker I suppose that's possible in the early stages of hyperinflation if you have tangible assets to exchange for the hyper inflating currency (IE: Gold, Silver, Food, Medicine, Ammo etc.) before Government intervenes and Revalues or replaces the currency, or initiates (attempts to) Price controls similar to what's taking place in Venezuela currently. it's hard to say what scenario will manifest itself, but after 6,000 years of World-wide economic turmoil, Wars, Famine etc....Gold and Silver are still standing.Thanks for watching and commenting.

[@MancunianStacker]

Thanks for the reply SR. It's just a matter of when. Give meddling in markets is so obvious right now. Physical assets of any kind is my thing at present

[@parttimepreppers9907]

Cool vid.! All paper money is essentially IOU's ...one must ask themselves with the way the World is now would you rather have paper IOU's or real money...sleep tight!

[@Silveready1]

Couldn't agree more I sleep well at night thanks for watching

[@bubbalove765]

I didn't see any US dollars you must have done the right thing and bought real wealth.lol thanks for sharing bubba

[@Silveready1]

Bubba Love hard to imagine using bundles of 100 Dollar Bills as cooking fuel, but anything's possible.

[@Stokjockey]

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