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Silver Bullion: Economic Collapse Pt 2 Will you get Gold and Silver as change from your purchase?
Posted by admin on January 26th, 2010 filed in Gold Stock
Pt 2 In this video I give my OPINION on food and services purchased (in an Era of Depression or Economic Collapse)and change due from those purchases. Will I get gold or silver as change due? Why not!?
Duration : 0:11:0
January 26th, 2010 at 4:13 pm
But anyway…. …
But anyway….you’re entitled to your opinions…..I won’t debate your opinions. Have a nice day.
Mike
January 26th, 2010 at 4:13 pm
I think you’re a …
I think you’re a little too far into a Mad Max scenario here :>)
January 26th, 2010 at 4:13 pm
That person or …
That person or persons that may be buying your silver and gold, will be nothing less than the present typical banker or bankster. They’ll care less about what your left with. The only thing that’s going to get you back metals as change is “Regulation”, and I don’t think the government would help there. Especially if the government decides that they want it. “Only the Strong Survive my friend.”
January 26th, 2010 at 4:13 pm
Because of the …
Because of the instictive GREED of Man. I can assure you that people would try to get all the gold and silver by trade or goods and services as they possibly could from you to increase their holdings. If it’s a vital part of survival , and accepted as payment, don’t expect that instinctive greedy man to want to share it.
January 26th, 2010 at 4:13 pm
Why do you think …
Why do you think that you’d gert metals back as change? Do you actually believe that people are going to be fair? Do you actually think that people are going to do the RIGHT thing? Sorry but you comment saying that I don’t understand inflation is inaccurate. Plus…inflation is only in the fiat currency….:>) not the metals. So….I have to reverse the acusation here about inflation. I’ve been spending the crap for about 21 years longer than yourself LOL!
January 26th, 2010 at 4:13 pm
and really, aside …
and really, aside from one item being more valuable from being more scarce than others, you wouldn’t expect change from someone / store that has none, and you wouldn’t carry (advertise) amounts of cash/gold/silver on your person you can’t defend that others would have a theft-level interest in. Or anything, really.
January 26th, 2010 at 4:13 pm
I like your videos …
I like your videos and interest but seriously, you don’t understand inflation. If a person bought in gold and gets gold as change, the inflation affects all the gold equally and what you can buy with it. It makes no more sense than holding a paper dollar because it will be worth more later – because both people are using them.
You can expect honest change from honest people. No change from desperate people. Barter for those who are able. The real ratios will be scarcity of fuel or food
January 26th, 2010 at 4:13 pm
Hey mike, it is …
Hey mike, it is SovieTGoLd here in which my channel you subscribed too. I started over, check out my new channel. My fresh start
January 26th, 2010 at 4:13 pm
You go BR…..BR… …
You go BR…..BR……I REALLY liked your response video to the first part of this one. I’d like to see you post it on any video that I have. I think it’s a powerful video in the simplest of illustration.
January 26th, 2010 at 4:13 pm
@sizzlot I carry a …
@sizzlot I carry a coin bag with me and when times permit I’ll show our young people a silver coin. 9 out of 10 times that person will say they’ve never seen a silver coin. I’ve shown silver dollars at times and get the question, “What’s that?”
I purchased $140.00 in Half Dollar rolls Wed. and found (2) 40%er’s. That’s a lot of rolls but, I gained $5.00 in silver for a cost of $1.00 :>)
January 26th, 2010 at 4:13 pm
keep buying dimes …
keep buying dimes there the best form of 90% silver coinage in my opinion just remember keep it small
January 26th, 2010 at 4:13 pm
When I buy, I …
When I buy, I usually purchase 5 Mercury Dimes, 4 Silver Quarters, 3 Silver Half Dollars, 2 Silver Dollars (1 Peace, 1 Morgan), and 1 Silver Eagle. I should probably buy more Mercury dimes (10+), but that’s single purchase for me. You’re absolutely right about having larger amounts of the lower weights, and you’re one of the very few who are pointing this out. In fact, it wasn’t obvious to me really until I saw an older video of yours’. Keep givin’ people the message though. Thanks a lot!
January 26th, 2010 at 4:13 pm
Good info… …
Good info… Gresham’s Law in action… “Bad money drives out good”.
About three weeks ago, a young lady gave me five dimes as change and apologized because she didn’t have any quarters. I looked at them on the counter and noticed that one was a beautiful, shiny, silver Roosevelt. She apologized! I just smiled and said, “no problem, ma’am”. As I was walking out, I realized that this kid in her early 20s had probably never seen a silver coin in circulation…
January 26th, 2010 at 4:13 pm
Just picked up 2 …
Just picked up 2 more rolls of Mercury dimes.
January 26th, 2010 at 4:13 pm
As ALWAYS! right on …
As ALWAYS! right on the money (silver) Mike.
January 26th, 2010 at 4:13 pm
@junkyarddog47 …
@junkyarddog47 i agree keep the videos rolling.
January 26th, 2010 at 4:13 pm
As always, great …
As always, great advice. The grams sold on eBay are way over priced indeed. I did buy a few just to have some, and was lucky to only pay in the $1.65 a gram range. Still about almost 3x the silver value, though. Thanks for your sage wisdom!
January 26th, 2010 at 4:13 pm
Mike, it would be …
Mike, it would be nice if we one day return to sound money.
January 26th, 2010 at 4:13 pm
I like to buy 1/10 …
I like to buy 1/10 Ounce silver and gold rounds easy to work with as well.
January 26th, 2010 at 4:13 pm
Good stuff I like …
Good stuff I like your point of view.
January 26th, 2010 at 4:13 pm
Another Great one, …
Another Great one, Mike! Thank You my friend. I think you’re right on.
January 26th, 2010 at 4:13 pm
Thank you …
Thank you jembocc1347
January 26th, 2010 at 4:13 pm
@junkyarddog47….. …
@junkyarddog47……you’re comment is VERY much appreciated my friend. I’ve learned to remove myself from the ecstasy of silver and I’ve began to approach the value of what it presents me today. I can always flip my Tier 1 silver over to Teir 2 (investment) silver. There will never be a problem for anyone to do that . In fact…I hope that we may never face the seemed inevitable, and that in the future that I can flip it over to investment silver. :>)
January 26th, 2010 at 4:13 pm
Since the very …
Since the very first day that I heard your video, I have always appreciated your common sense approach.
January 26th, 2010 at 4:13 pm
This is good advice …
This is good advice.
Thanks Mike
January 27th, 2010 at 1:44 am
See our silver bullion coin of the United States and has several highly collectible mintings