Silvers on sale today. Gold is holding strong. Stack while you can, but keep enough cash for future deals. Dollar Cost averaging is a good way to not over think. 5-20% of every paycheck —-> into the vault. Become your own bank!
The bank run will come the day the whales will stand for delivery of 10% of their futures, it might be in July, it might be next year, but the rumours of unsecured paper is spreading and big consumers (like LG and Tesla) are starting to get cold feet.
If I.eTesla wants to secure 5 years worth of silver for the current low, low price of only $21, for their products (some 1000 options), all hell will break loose.
Agreed; today's value would not be tomorrow's value if either the central banks collapse or return to metals backed currency happens, assuming the artificial manipulation of metals prices ceases.
By 1% he's talking in terms that the majority of people on the planet have no silver at all. He's not talking about fiat net worth, he's talking about physical possession. It's estimated that there's currently only enough silver mined for like 1.5 oz per person of the entire human population, by the way a good amount of that is in landfills trapped inside scrapped electronics. Yet another reason why these green deal projects are DOA.
Yall better get some before it's too late. I've secured my spot in better than the top 1%. It is getting low on supply where I'm buying. Almost bare shelves for the last month or so.
Interesting way of looking at it, and maybe a initial gauge .... as this calculation is based on the current situation.
A very good way of gauging how much Silver you would need is to look at prices of goods and services over time, like year: 1300, 1400, 1500, 1600, etc AD.
Then you calculate your spending habits and your potential to earn a payment for your goods and services. Then you divide this in a couple of sections:
certain goods and services can be exchanged directly for other goods and services (barter)
certain goods and services will need the exchange of gold and silver = money.
a certain amount can be used to create credit based on your assets, because without credit, business will become difficult when it is outside your direct region of operations.
Some people will not have to pay any rent, or mortgage. Others will. Some will live another 10 years, others maybe 50 or more. So, the amount may vary from human to human.
Much of it will depend on what you are stocking up on and your skills-set you are able to exchange for values.
Follow-on thought. Watching the above video, I THINK he may be talking about silver / gold as an investment, with the thought of buying low and selling high. I've never seen metals in that way... I am a hoarder, and I try to forget it's there at all. It will only come out when there is no other medium of exchange, when currency is worthless. That's not an "investment" IMHO, it's a hedge against economic disaster.
There might be room for "investment" as silver is so manipulated to such a low price that when it snaps back to where it should be one could make a "profit".
That being said people have been saying silver is too cheap for decades.
So I wonder what real value could be attached to silver when TSHTF? What, for example, could pre-1964 silver US coins, could be used to buy a week's worth of groceries? One silver troy ounce? Two? Or fractions thereof? Of course we cannot know the value until the actual event occurs, as the market -- buyers and sellers -- will set the value, not some metals speculator or manipulator in some far-off city. I suspect that local realities will prevail and a troy ounce in east Tennessee will have a different value from Long Island, NY.... or Sacramento, CA.
I've consistently seen for several years from finance people that once the paper fails and silver finds its true price, it will revalue at $300-600 an ounce.
Very good overview, and I concur. Although I have collected silver in small batches and discreetly over the years, one of the things I'm concerned about that period in between a fiat currency collapse (Day 0) and when a barter-silver-gold-asset economy will spring up (Day ?).
That period could be anywhere from several weeks to several months. During that uncertain time a lot of desperate people, those who have NOT prepared, will start doing desperate things. I don't even have to bring up examples; we've seen them on TV almost weekly for the last decade.
It that in-between civilization and Brave New World time where maximum Mad Max behavior can (and probably will) occur. We all need to be able to defend ourselves and become willing to do whatever is necessary to make it through to the next economic age.
Shop around and remember that the 'spot' price is manipulated and fake, and that's not the actual price you will pay.
You will pay 'spot' + a premium that covers shipping, profit, insurance, etc.
So, compare sources using the actual price.
Note that 'spot' and the actual price have widened greatly, and premiums are higher now.
I've had flawless experiences with APMEX.com but there are several good sources.
Good luck and happy stacking!
LOLS. Watched the video after posting prior comment and realized that was MANECO64.
I've been watching him for over a year on Rumble. Mario provides unbiased information about the central bankers, precious metals and explains the daily markets. He's dry but provides great information which was somehow skipped during my business school education.
I strongly recommend him as an unbiased and highly informative voice during this economic collapse. While he operates from his home outside London, he covers the US and world markets.
Honest news.
Go to your local coin dealer or pawn shop. I use online bullion dealers and order enough to get free shipping. I have never had an issue. Just make sure it is an established online dealer. I use silvergoldbull.com
I buy several silver dollars each month, after awhile this is real money
Silvers on sale today. Gold is holding strong. Stack while you can, but keep enough cash for future deals. Dollar Cost averaging is a good way to not over think. 5-20% of every paycheck —-> into the vault. Become your own bank!
Silver will sooner or later become unobtanium.
The bank run will come the day the whales will stand for delivery of 10% of their futures, it might be in July, it might be next year, but the rumours of unsecured paper is spreading and big consumers (like LG and Tesla) are starting to get cold feet.
If I.eTesla wants to secure 5 years worth of silver for the current low, low price of only $21, for their products (some 1000 options), all hell will break loose.
60 oz of silver won't get you in the top 10 percent of pharma employees.
Not when the dollar hyperinflates and the only thing left standing is real money [Gold and Silver].
Agreed; today's value would not be tomorrow's value if either the central banks collapse or return to metals backed currency happens, assuming the artificial manipulation of metals prices ceases.
The whole diseased corrupt system [Central Banks] is about to come down. When it does we will be going back to sound money [Gold and Silver].
Don't you get it yet?
You know the Globalists are losing control, right?
Executive order #13818
Q post #2619
By 1% he's talking in terms that the majority of people on the planet have no silver at all. He's not talking about fiat net worth, he's talking about physical possession. It's estimated that there's currently only enough silver mined for like 1.5 oz per person of the entire human population, by the way a good amount of that is in landfills trapped inside scrapped electronics. Yet another reason why these green deal projects are DOA.
I'm old. I missed it. :)
Yall better get some before it's too late. I've secured my spot in better than the top 1%. It is getting low on supply where I'm buying. Almost bare shelves for the last month or so.
Once we have got rid of the current top 1% I assume.
Interesting way of looking at it, and maybe a initial gauge .... as this calculation is based on the current situation.
A very good way of gauging how much Silver you would need is to look at prices of goods and services over time, like year: 1300, 1400, 1500, 1600, etc AD.
Then you calculate your spending habits and your potential to earn a payment for your goods and services. Then you divide this in a couple of sections:
Some people will not have to pay any rent, or mortgage. Others will. Some will live another 10 years, others maybe 50 or more. So, the amount may vary from human to human.
Much of it will depend on what you are stocking up on and your skills-set you are able to exchange for values.
Follow-on thought. Watching the above video, I THINK he may be talking about silver / gold as an investment, with the thought of buying low and selling high. I've never seen metals in that way... I am a hoarder, and I try to forget it's there at all. It will only come out when there is no other medium of exchange, when currency is worthless. That's not an "investment" IMHO, it's a hedge against economic disaster.
There might be room for "investment" as silver is so manipulated to such a low price that when it snaps back to where it should be one could make a "profit".
That being said people have been saying silver is too cheap for decades.
So I wonder what real value could be attached to silver when TSHTF? What, for example, could pre-1964 silver US coins, could be used to buy a week's worth of groceries? One silver troy ounce? Two? Or fractions thereof? Of course we cannot know the value until the actual event occurs, as the market -- buyers and sellers -- will set the value, not some metals speculator or manipulator in some far-off city. I suspect that local realities will prevail and a troy ounce in east Tennessee will have a different value from Long Island, NY.... or Sacramento, CA.
I've consistently seen for several years from finance people that once the paper fails and silver finds its true price, it will revalue at $300-600 an ounce.
WHOA! Really? Well then, I feel a lot better about my strategy. Hoard the stuff and never touch it until it's the only thing left with value.
They've really proven it by showing how big players automatically move in and intercede when the price starts to climb
Very good overview, and I concur. Although I have collected silver in small batches and discreetly over the years, one of the things I'm concerned about that period in between a fiat currency collapse (Day 0) and when a barter-silver-gold-asset economy will spring up (Day ?).
That period could be anywhere from several weeks to several months. During that uncertain time a lot of desperate people, those who have NOT prepared, will start doing desperate things. I don't even have to bring up examples; we've seen them on TV almost weekly for the last decade.
It that in-between civilization and Brave New World time where maximum Mad Max behavior can (and probably will) occur. We all need to be able to defend ourselves and become willing to do whatever is necessary to make it through to the next economic age.
So, 60 pieces of silver to get there, 1700 rounds of brass to stay there? Haha, sort of...
Well if that is the standard, then I have overachieved on both counts. I'll just leave that there.
Lol great work, pede! I just wanted to use the number 17! Also maybe should have noted, per gun.
Still, no problem.
If shit falls apart I guarantee I will not be paying any mortgage and living in my house...
That’s only about $1,300
jmbullion.com is where I buy. They are reputable, and shipping is fast.
Shop around and remember that the 'spot' price is manipulated and fake, and that's not the actual price you will pay. You will pay 'spot' + a premium that covers shipping, profit, insurance, etc. So, compare sources using the actual price. Note that 'spot' and the actual price have widened greatly, and premiums are higher now. I've had flawless experiences with APMEX.com but there are several good sources. Good luck and happy stacking!
LOLS. Watched the video after posting prior comment and realized that was MANECO64. I've been watching him for over a year on Rumble. Mario provides unbiased information about the central bankers, precious metals and explains the daily markets. He's dry but provides great information which was somehow skipped during my business school education. I strongly recommend him as an unbiased and highly informative voice during this economic collapse. While he operates from his home outside London, he covers the US and world markets. Honest news.
Go to your local coin dealer or pawn shop. I use online bullion dealers and order enough to get free shipping. I have never had an issue. Just make sure it is an established online dealer. I use silvergoldbull.com