One ounce gold coin for a handmade suit, correct?
The #1 best selling author on Gold and Silver, Mike Maloney, explains why gold bull market is only beginning by explaining why one gold coin is not yet worth a handmade man's suit. Find out more at: goldsilver.com
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to LCABOU: yes, but……what about the hand made shoes and belt…..that would be at least another 300 dollars
to Exposethefrauds: “Eight Thousand” ? for a hand made suit, belt and shoes? I am no expert on suits but that seems a bit much (unless you are Paul McCartney or Donald Trump)……
Inkey, have you ever priced a handmade suit? I can’t imagine that a quality handmade suit could be purchased for less than $2,000. A great many are sold every day for far more.
I don’t know what a handmade belt would cost.
Handmade shoes? EASILY more than $2k per pair. Easily. Look up “bespoke shoes” sometime and find out what’s involved.
I don’t know if the whole thing would be $8k. but I can easily see it being $6k+
@clarkcolt45 You might not want to wear it though because being from the 80′s it would almost certainly look dreadful!
Maybe I am wrong, but everything was hand made back in the days
so their value is different than today “hand made”.
I looooove this video
new colt revolver was 25 silver dollars, today A new ruger black (modernized copy of colt) is approx 500.00.. by the way 25 american silver eagles (solver dollar) will cost you about $500.00 US ! prices do not go up. your money is going down!
@Exposethefrauds silver is the same way. new colt revolver cost 25.00 back in 1889 today a new ruger revolver( MODRNINZED COLT COPY) IS APPROX 500.00 what is the same 25 american silver dollars worth today? approx 500.00 . prices dont go up our money has been going down!
In acient time, all whas hand made, no machines back then
@daPerik hahha so true.
@Exposethefrauds But he’s wrong in the sense that a “handmade” suit in those days didn’t carry the same premium that it would today–since everything in those days was hand made. I think you could make more appropriate comparisons (comparisons, BTW, that I love to see as I am someone who believes in what he says) with other products (e.g. groceries).
this guys a genius
Also the gold is not gaining its value from now. Its happening since 9/11
@JohnLeeMD I agree with you. Although I also believe that gold is tremendously undervalued, it’s hard to compare something handmade today with something in the old days. And especially togas – very loose cloths that don’t need to be as precisely measured and cut as a suit of today – are not a good comparison. I guess the best way to tell the future is still by looking at inflation just over the past 100 years or so.
wow… glad you straightened THAT conundrum! NO WAY!!! I suppose it depends on who makes the suit and what it is made out of… and the shoes… and the belt… and I guess it depends on who’s making it and where you’re buying it… no?
As far as I know great handmade shoes with belt will cost max 1,000-1,500 $,but the cost of the suit varies a lot…a very good handmade suit would cost something from 1,000 up to even 25,000 $ or EVEN more.
this guy is so right! And that is just 1 of many many facts. Another fact is that Banks are selling gold and silver they do not have, the banks have 1 ozt of gold, they make 50-100 certificates that own that exact piece of gold and throw it into a “Pool” and sell all the certificates. When people realize this and request physical, gold price will temporally go above 100k oz before the dollar completely collapses. silver will reach 10k oz. no kiddin. look up facts, theres lots of facts.
Not correct.
Go to China or India. Full hand made clothes will you about $100.
I purchased a handmade suit in Shanghai in 2008 for about a thousand dollars. Picked out the fabric, had 2 fittings and it was mailed to me after that. No belt or shoes however
@daPerik good 1
Where are you buying your shoes??
@lextalionis2001 Enjoy your dodgy suit. Where is the cotton made? Is it hand woven? Is it premium quality? Is the lining pure silk? I suggest no and no and no. You got ripped off BRO!
@EndTheResistance troll
@lextalionis2001 Troll? Haha. That’s the pot calling the kettle black.
How long have you been a halios worshiper?
@MultiTUFTUF aman. just depends on where you buy it.