It’s 1932 or 1970 – Convert to Gold and Silver now


Interview with a sitting Federal Reserve chairman Ben Bernanke www.youtube.com Jim Rickards interview. www.kingworldnews.com

25 Responses to “It’s 1932 or 1970 – Convert to Gold and Silver now”

  1. ytgv3fc7 says:

    @eatandtravel the supply of money has grown more massive in M2 than in your entire lifetime, credit is expanding, not shrinking, because base-money M1 is increasing at parabolic rates. There is more money in the system than in 2007 and in 2006 and in 2005. No money is being destroyed, only created.

  2. ytgv3fc7 says:

    @eatandtravel the velocity of money has INCREASED, it has not slowed. The supply of US dollars in the world has INCREASED, it has not decreased. your fanciful fiction is LSD.
    Credit isn’t pulling out of China and China’s housing boom is not in question; their real estate COMMERCIAL boom is in question – office buildings and such which are empty. The world will run to gold and burn dollars in trash cans.
    The US has not been able to back dollars since 1971

  3. ytgv3fc7 says:

    @JezebelDecibel You got that right – the only sustainable economic system moving forward is one of inventories, not dollars; including weights of gold, silver, uranium, oil, thorium, platinum and even helium and especially water. Helium is incredibly rare and we certainly can’t make more ; water is incredibly difficult if not clean for us to live off of (salty oceans do not help) and this will be the “new gold”. We will survive with de-centralized open-sourced socialism. We will otherwise die

  4. ytgv3fc7 says:

    @pdxeddie1111 gold/silver pull-back : we’re in it right now. I have a graph up. Please review it. You’ll see a wave-model of silver, gold and AGQ prices showing many weeks into the future the daily prices in a tight range.

  5. ytgv3fc7 says:

    @bobsr3 actually, if you look at the impact and dates of their previous shenanigans, you can indeed see what they want to do and tend to do. By looking at current events you can see what they will NOT do based on absolute fear – and then you have your answer.

  6. ytgv3fc7 says:

    @penguinistas I have produced a longer term chart for “dow / gold ratio” heading for 1. By using existing charts in my videos you can correlate a silver price, and date, to match. A good guess is 35:1 meaning if dow = 13000 and gold = 6500 on the way to 13000 then 6500/35 = 185.71.
    If I were you at that time, I’d consider thorium, uranium, water purification, hydro-electric, revenue-producing real-estate, agriculture

  7. ytgv3fc7 says:

    @RicosDomeTown What you heard is wrong. The entire future is comprised from the entire past. It’s like a machine, connecting circuits upon sheets of semi-liquid moving circuits. Like liquid origami. There is no “end of the world” coming.

  8. ytgv3fc7 says:

    @pkimrey and the irony, Wesley Snipes is actually in prison right now, just went in for refusing to be controlled by the system.
    Irony?

  9. ytgv3fc7 says:

    @debelen as a precautionary measure, if you have no gold, this suggests yes; as a practical measure if you have dollar income to support getting the gold without a loss in silver, or selling any high-gaining stock enough to get some decent amount of gold, do that instead of selling the bullion silver. I actually have gold but no silver. I have silver stocks, rapidly gaining, and I will either buy silver from income dollars or sell the stocks to cover premiums for the bullion silver. Depends

  10. ytgv3fc7 says:

    @davincij15 but 16:1 depended on prior mining methods, prior lack of known use for the silver compared to today, and legal regulations in various nations saying how much to use. The 16:1 ratio is not a reliable predictor for future value. If anything, I see silver having more use than gold and being no more common above-ground so sensibly it should be valued more. Market-trends do not agree. This will be a medical-related world-decision to follow.

  11. ytgv3fc7 says:

    @markukkerd I’ll do the market-timing for you. My video is up now – gold, silver, AGQ, wave model. You can see the data to date (minus a few days) and see the model going weeks ahead (months, actually) and see the prices SINCE my data download are still following, as well they should, the model boundaries for daily closing prices. If you can save 9% on price, why not? My charts show you how. No charge. Today is one of those such days, by the way.

  12. ytgv3fc7 says:

    @hmuller1000 web-bot is like the “anemone” program in the sci-fi novel Maelstrom (Starfish sequel; Peter Watts). It runs off rumors. Garbage in -> garbage out. Using actual math and previous history, not rumors, you can get real results. There’s always a handful of men/women that knoweth the hour and the minute, and not all of them are responsible for causing it (some of them are)

  13. ytgv3fc7 says:

    @DivinityInside why does it matter? The same reason it matters you don’t eat rocks and pretend it’s food. In reality you have only the very small list of workable items and nothing else works. paper is not money, rocks are not food and the only thing in the world that matters is what things are made of – from protons to DNA to connective tissues to steel girders to the stability of mountain-sides (or mountain slides) to the fault lines under oceans.

  14. ytgv3fc7 says:

    @turboman8082 if you want that piece of land you’ll need the gold and silver to get it. Stored food? Unless you want to carry it all from a to b to get to the secured location, gold and silver again will get you the most. Gold and silver buy you later what you’re not carrying now, so it’s a question of timing. Timing IS the emergency. Do some rough math on paper on what you can carry, what you can buy later, and how quick you can do it. There’s your answer.

  15. ytgv3fc7 says:

    @ABOSOLUTEKNOWLEDGE I think it’s easy to calculate the collapse of the dollar. When bread costs $10/loaf people will sceam, at 20 it’s absolute collapse later that day. So expect a money-supply increase (anyone saying it’s decreasing, you are on drugs, stop drinking draino) of say, another 400% and that’s game over. Watch the rate of new money printing and you’ll have the answer.

  16. ytgv3fc7 says:

    @GuildF40 paper dollars vs silver: easy. add newspapers: hold up now, how are the aliens to manage grabbing all that heavy silver while laughing themselves nearly to death having seen what we referred to as “news” ? We’ll take’m down for sure at that moment!

  17. ytgv3fc7 says:

    @TheReallitycheck My charts infer (not 100% reliable) May is the 1500 area potentially as a sharp rise for gold and silver will be rocketing up from 40 at that level

  18. DivinityInside says:

    @ytgv3fc7
    Currency and money are two different things and both have a vital role to play. To complain currency doesn’t behave like money is stupid because that’s not it’s role. To assume either paper or PMs could serve dual roles of both currency and money is equally stupid. You are free to your convert currency to money if you wish to store value – in fact that’s the best thing to do with currency you’re not going to use in the short term so currency can keep circulating and serve it’s purpose.

  19. eatandtravel says:

    @ytgv3fc7

    The velocity of money has increased? Check your facts.

    Credit will dry up in China. Give it time.

    The world will run to gold, silver, black gold and the US dollar.

  20. ytgv3fc7 says:

    @eatandtravel fact-check: money is racing into all commodities and into bonds. Bonds hit a bubble and lit on fire. Commodities globally are on fire. That’s increased velocity of money and much of it has come from distributed printed money.
    The world will run ON gold and silver, will run the US dollar into its grave – the US dollar is not going to exist 5 years from now. CHECK YOUR FACTS. You can’t debase a dollar to a penny’s value and keep using it. It has reached the 2 penny value.

  21. ytgv3fc7 says:

    @eatandtravel xxx.youtube.com/watch?v=UMNdXldGwJM world is awash in US debts (and that’s all US dollars)

  22. eatandtravel says:

    @ytgv3fc7

    The velocity of money has increased? Oh boy. I’m done.

  23. eatandtravel says:

    @ytgv3fc7

    Collapse of the dollar? LOL! America is a gold power; America is a food power; America has vast natural gas and coal deposits. If we need to back the dollar, we have options.

  24. bweazel says:

    We will never be on a gold standard again, the idea of it is laughable.

  25. bweazel says:

    @ytgv3fc7 Dude, what is your problem? Just go look at global GDP over the last 20 years and you tell me if that’s all the US. I’ll help you, it’s not, the standard of living for the world is on the up, and no, the US didn’t do that for them, the west, sure, foreign investment helped tons, but it is in both of our interests.

    It’s ridiculous, everywhere I see you on here, you’re just talking shit. No substance, just a monkey flinging his shit everywhere.