Jones on Gold and Silver
Veteran gold and silver trader comments on coming economic collapse and the need to own gold and silver coins in lieu of paper money.
china, coin, currency, davidwinstead, gold, hommel, inflation, iran, iraq, jason, Jones, money, paper, silver, war
In the past Fiat money has been used as fire kindling during times of depression-PM’s last forever;)
That $100 is NOT money, it’s a debt note. It’s ok to say it’s currency but it’s not money.
By definition a Constitutional Dollar is
Coin = 371.25 grains of pure silver
Coin = 24.75 grains of pure gold
Look around for Silver and Gold certificates they’re still around. Although since 1968 they’re no longer redeemable for silver/gold.
Look at the bills printed in the early 20th century, on those bills is printed redeemable for silver.
Money is ANYTHING that acts as a medium of exchange for goods/services. It could be gold, silver, copper, iron, stone wheels, jade, fiat decree, etc as history has clearly shown. Fiat currencies are obviously bad forms of money created by the state, but still money. If $100 isn’t money, then why does every merchant in the world take US dollars for goods/services? Why do people care about the value of gold in US dollars? Why don’t you just throw your US dollars in the trash?
The note is not money, it is “faith in credit”. Do you have faith in the US gov?
Gold and silver transcends all boundaries, races and religions. Although a muslim or an athiest might hate your guts! He will trade for your gold and silver. Dont be fooled by disinformation . THIS IS MONEY WORLD WIDE, ALWAYS HAS, ALWAYS WILL. Trade paper for the real bling. YOU WILL BE SOOOOO GLAD YOU DID!!! GOD BLESS AMERICA
Better get it while you can……….
Time is short
Won’t be long before this finds its way as the only stable wealth control in the western world. Get on it. While you can.
The best part was when he said “383 tons flew to Baghdad”— and he laughed while he said it.
let’s spread the word people
let’s keep saving our wealth with real, honest money
Sounds like the truth to me.
this post help change my life over a year ago
Quite possibly my favorite all time youtube video on the subject.
Buy Gold
Gold is a stable investment that rises in value when times are turbulent. But listening to talk radio ads, you’d think it was the fastest way to obscene riches. Every host has their own degree of enthusiasm when it comes to their pitch, with most tending toward hoping society collapses so their coins will earn them more squirrel meat in the post-apocalyptic farmer’s market.
Time is running out people! Learn about real money and you will learn a lot about the ‘real world’ and not the loan paper money celebrity wanna be world!
buy silver & gold.. buy all you can… convert your savings to gold/silver
if possible convert a part of your 401K
then sit back and watch it grow
This video never gets old,
One of the classics on youtube in this field.
I love it every time!
good advice, but what if they make it illegal to own? seems the better investment is buying things to barter with…like food, supplies, etc….the dumbed down public believes paper is money, and it probably wont change
amen brother
The truth stands on its on!!
Well technically, money is anything used for an exchange of goods, so if you and the person you are trading with both accept paper money, or really anything, then it works out, but yeah, it is probably better to have metal
Never get tired of this video. Wish he’d do a follow-up. I have really gotten a great deal of encouragement from this one.
The main reasons gold and silver are real money are durability, divisibility and rarity. Paper money has none of these characteristics, plus it relies on the continued existence of the nation-state that issues it. Gold and silver money of any nation past or present has value.
Yes you can use anything for money, but it will only retain value relative to scarcity.
Good Point! There’s certaintly no scarcity in paper and ink!
this one man has spoke the honest turth. obama please see this video before you destroy our nation.
Everytime gold and silver takes a hammering, I just watch this video to remind me what “REAL” money is…
And the music in the background, it’s like you are in some Chinese Royal Court..
@Video, it would of been nice if you actually told us where we could trade our currency for real money..
Out of all of the videos on gold and silver I have watch, not one person has ever gave any suggestions on where you can actually purchase gold or silver at. Not one. And I must say it is freaking frustrating. (there have been a few that mentioned ebay) but I’d rather go brick and mortar if available.