This guy is really generous with his knowledge. He really trying to do some good for the regular person.

@tweetybird3597

3 жыл бұрын

Of course he is, if everyone buys Gold the price goes up and guess who benefits, the guyz that got in when Gold was 280$.

@ChiIeboy

3 жыл бұрын

​@@tweetybird3597 Tell that to the ghosts of Wiemar Germany, Einstein. (Apologies if my point is lost on you.)

@themesnjah5665

3 жыл бұрын

Gold would have gone up without EB telling you. He didn’t create the monetary policies. He sees what those policies have caused and is warning people. You buying 50oz of gold will do nothing to the value of gold. It’s when the big money follows and hyperinflation happens and all those dollars are chasing safety. And of course he bought at 280. If I knew what I know now I would have done the same. I discovered everything EB is saying before I found him and bought what I could afford and it’s comforting knowing that there’s an expert in the field confirming my decisions.

@SmithsnMoz

3 жыл бұрын

@@themesnjah5665 ... Do you buy Silver too? Or do you prefer Gold?

@themesnjah5665

3 жыл бұрын

Smithsnmoz I won’t confirm what I actually buy but.. Gold and Silver are The Creators and paper fiat is mans. The ark of the convent was covered in Gold and Jesus was betrayed for Silver. The ark was not covered in paper currency nor would Judas have betrayed Jesus for paper IOU’s We have been lied to so that our hard earned energy that gets rewarded in currency can be stolen from us via inflation and now stimulus for the elites. Be safe and EB is not a salesperson he is a truth teller. It benefits him zero for getting you to buy gold. He knows like Venezuela that paper money can hyper inflate and goods can skyrocket. Gold/silver just hold the purchasing power. It’s not a get rich scheme. It’s just real money.

Gold is real money and since all currencies will depreciate, gold and silver will rise in value over a period of time.

@ecchen1

3 жыл бұрын

Sure, but is it going to 10x like a Tesla or shopify in a smaller time frame? If everyone in the mining and commodities community is shouting gold and silver, gold and silver, is it still a good play? If u r worried about the fiat system, does gold have the asymetrical upside of crypto? How does the market cap of gold compare to the market of bitcoin? I still believe in gold as a great store of value and as a hedge against the dollar but beyond that not sure.

@fuanchiam9281

3 жыл бұрын

Q

@jduff59

3 жыл бұрын

nothing beats having some ounces of gold and kilos of silver - I want ti be able to hold it in my hands, not have someone else tell me they have it for me

@danfoley6348

3 жыл бұрын

Have fun eating gold, I'll keep my food

@Megalyssa007

3 жыл бұрын

@@danfoley6348 The point is you can have both

E.b. tucker strikes me as someone who is genuine. Great interview, info and knowledge

@terryjones3896

2 жыл бұрын

0000000000000

@terryjones3896

2 жыл бұрын

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Hey EB Tucker knows his stuff. This is my first time hearing him and he is SPOT ON.

@ziggyc4474

3 жыл бұрын

Hes a gokd nugget himself

@bradtankersley4867

2 жыл бұрын

BULL SHEET!

I've seen a few videos with EB now and I gotta say this man is awfully smart. May have to get me some Metalla :) best royalty company huh?

I can attest to the fact that people are NOT into gold like we are. I talk to people about purchasing gold and silver and they look at me like I'm speaking a language from another GALAXY. That's too bad because I'm stacking both until I can't anymore.

@icenine135

3 жыл бұрын

Allot of times people are just afraid of doing something new. I was the same way and then just decided to open my crypto farm investments and haven't looked back. Looking to get into precious metals this year, and real estate next year.

@delav83

3 жыл бұрын

Most think they have to be filthy rich to buy it.

@JWFitness1

3 жыл бұрын

@@icenine135 excellent. We must have a plan to protect ourselves. I don't like the way things are going right now.

@beardumaw24

2 жыл бұрын

And that sums it up Jeff, we must plan to protect ourselves while having compassion for others, things are not going in a good way right now.

If a home is you're only investment...you're in trouble--Robert K. Homeowners NEVER factor in the new roof, the remodeled kitchen, all the time and maintenance costs on the home, insurance, etc. All I ever hear is I bought it at $150K, sold it for $200K. I made $50K. I have never even heard someone mention the 6% for RE Agent expenses which is HUGE! This is why you're not really allowed to be in charge of your entire retirement. People don't even understand basic expenditures of an investment.

@cheaplaughkennedy2318

4 жыл бұрын

Nick G that’s true .

@anthonyb9196

3 жыл бұрын

you're right and there is no profit unless you sell

@pauld8790

3 жыл бұрын

didn't even mention thousands and thousands of dollars in taxes

@rodwoods2108

3 жыл бұрын

The house business is nice, I love real estate but right now buy two acres of gardens and a solid garage if you can own it outright and still pay the taxes. No HOA either. 30% of the people are behind on rents and mortgages. Imgine the homeless numbers if we dont get back to work. Remember too about debt, something is going wrong every ten years or so. Just because they will loan money for nothing doesn't mean you should borrow it.

@jamespeterson2690

3 жыл бұрын

​@UCC1JM_NhYErcpaE-hEXmPVg Not really because investments in the home are relative to what a person would otherwise be paying in rent (and they contribute to quality of life, which investors don't think about much). So, if you sell a home for $50,000 over after ten years . . . sure, subtract the upkeep from the profit, but first subtract rent otherwise paid from the upkeep. Seriously, if someone bought a home in 1980 in California and sold it in 2020, they'd retire with half a million to a million minus some upkeep INSTEAD of having paid rent all those years.

GOLD and Silver will always have Purchasing Power !

@iaround

3 жыл бұрын

agreed

EB Tucker is good and decent man. His advice IS exceptional. Thank you EB

Love listening to EB Tucker!

EB Tucker is an extremely intelligent man. i appreciate his insights

Really cool video and thanks for posting. This man speaks in plain English and makes nothing but sense. I loved the story about his Grandfather getting 5 ounces of Gold for a $20- Bill. Practical way to explain inflation!

AB is correct....if gold drops to $1000.00 it still will have a strong value in comparison to any other financial asset.

@bradtankersley4867

2 жыл бұрын

IF YOU PAID LESS THAN 1,000.00 FOR IT, STOOPID. OTHERWISE, YOU ARE LOSING MONEY.

@lamarravery4094

2 жыл бұрын

Gold will never go down to 1000 again unless we quit printing money. That's why gold is valuable and will keep going up.

I just became aware of EB Tucker. Really appreciate is macro views, and his common sense.

Great talk on gold, i'm stacking!

An excellent video. I’ve been a gold bug from 2015. It is a learning curve. This is all you need to know in one video.

@FPVITTIX

2 жыл бұрын

Which website and Which coins should I be buying?

It usually takes me a week to read a book through as I have to level the boredom & enthusiasm, but read his book in literally 8 hours one go. An amazing book, much recommended

What an eye opener for me. An Eureka moment. EB is saying no matter what your economic activities are to create fiat money,real estate/stocks/overtime hrs, the absolute best place to STORE the "accumulated wealth" is in GOLD. "Accumulated wealth" as defined here are profits that you don't need to pay bills, generate more income etc with. I have this "wealth" now sitting in banks doing nothing. If only I had realized this 5 years ago ...

@ptaeiy

3 жыл бұрын

EB has multiple rental real estate properties.(from Why Gold? Why Now?) So he knows what he's talking about the real cost of owning rentals. I have one and he is right. Between property tax increases, rising insurance costs, new roof, apartments remodels, loss rents, general upkeep, I've used up all past and future appreciation.

@aedressler

3 жыл бұрын

same here. I had no confidence in funds and stocks.

@aedressler

3 жыл бұрын

@@ptaeiy Agreed. I have a rental property, too. Rent rates went up in the area. Coincidentally, so did property taxes. 3-4% has been booorrrrrinnnng. I like the metal

I wonder if he knew he was less than a month away from $2000 gold

@randomgrinn

2 жыл бұрын

And a year away from $1740 gold.

Eb Tucker , thanks man , loving your content , definitely inspiring 👍

Just finished this book EVERYONE should read it if they are confused about how to protect their money. no matter how little you have. I feel impowered after reading it. and i was already invested in silver for last 5 years

Mr. Tucker is Genuine, his giving us good and important information.

I SO enjoyed that interview. I'm new to this channel & E.B. Tucker and LOVE the direct way he talks, taking human nature into mind in his responses, making things relevant to 'me' and all the 'me's' out there. I found myself nodding and smiling so much during this interview with words harkening back to things experienced over decades of family history concerning money. Although we were often struggling, dad always said gold is the best, the surest thing you can count on. Still don't own any but intend to in some form as time goes on, knowing its worth. Will be buying the book for Christmas (though from an independent bookstore not the behemoth linked to below) to share with family members, "..incense, GOLD, and myrrh.." and all that. Looking forward to the reading thereof. All the best to both of you from Canada!

For those thinking of investing in MTA....I would hold off on. A royalty company appears to be a great concept but sadly, not for the individual investor. Perhaps EB is doing well with his salary, and I see 'certain' board members recently received 47,000 shares of stock, but investors are doing poorly even when AU is on a run. If MTA suffers when gold was down, and now suffers when 'up'....either something is screwy with this company (and other EB royalty companies as well) or the business plan is poorly explained and understood. Yesterday when gold broke 1900, MTA went up .50, and today as AU remains above the key1900 threshold, MTA goes down the same. So a lesson learned. EB has great ideas. He looks good on finance sites, he talks up a big picture...what he says makes sense. But it doesn't equate to anything with the little guy.

@FPVITTIX

2 жыл бұрын

Best comment so far. Would you recommend any KZread channels or Leaders in the space (or in other spaces)?

In Australia in 10 to 12 yrs Gold went up 3 times in terms of AUD. That is big returns for anyone who invested in GOLD

@TheJoanml

3 жыл бұрын

true! but how to acquire physcial gold in Australia?

This guy makes SOOooo much sense!!! Got to get his book. 👍🏻👍🏻

@fbbc2

2 жыл бұрын

I can recommend it 😀

In December 1997, The Financial Times ran an article entitled “The Death of Gold.” Since then, the gold price in US dollars has increased 519% from $288 to $1,780. Today, after many political events and crises we have evidence of the continuous and in many ways spectacular growth of the gold price. This confluence of many current events is creating a perfect storm for gold to increase dramatically more than we imagined.

@faizalkifli1844

2 жыл бұрын

How about silver?

@GoCanucks2011

2 жыл бұрын

@@faizalkifli1844 The unprecedented freezing of Russia's external assets, exclusion for much of its commercial transactions from the international exchange SWIFT system, and - as armed conflict rages on - the imponderable consequences for the world's actors and population from this behavior feels like a paradigm shift that could take a long time to play out. As Jim Rickards says: “Unlike a stock market crash, this kind of interbank distress does not happen all at once. It can take days or weeks to play out. Still, those ripple effects or spillovers are coming. We’re probably in the opening stages of a major global liquidity crisis. What happens in Russia doesn’t stay in Russia.” The term that comes to mind is "contagion." This is where a financial asset class like euro bonds, negative interest rate derivatives or large commodity transactions freeze up, "jump financial lanes" and cause unexpected existential issues with, say "paper gold" or silver derivatives, many of which are backed by "confidence", but little or no physical metal. What happens when international financial trading rules having predictable outcomes for all parties concerned no longer work? If Saudi Arabia, long the bastion of requiring oil to be purchased in petrodollars (for which customers globally must first exchange their own currencies before conducting business) now begins accepting gold, yuan, or rubles instead? Will the ability of the U.S. to finance its lifestyle by issuing additional petrodollars (greenbacks circulating outside the U.S.) be hobbled, resulting in still more elevated and persistent inflation? And through all of this, silver, just about the only metal on the board to do so, is trading for around one-half of its 1980 nominal price high. Priced at an 80:1 ratio, not to mention being mined at a 9:1 ratio compared to gold! Does anyone see a pricing disconnect here?

Mr. Tucker is keeping it simple but he should at least mention COMEX and price manipulation/suppression in passing and JP Morgan.

@Giverechoc

3 жыл бұрын

Yes, look up Andy Schectman. He explains it in great detail.

@nakclahan6445

3 жыл бұрын

Don’t worry about jp n COMEX I want the Price to stay low so n can get more gold n silver matter of face I want the price to go back in the 80 when 1oz of gold is 350$ :-) I will buy so much not not even worry about if price drop more The more it drop the more I buy

Great interview, I love how you challenged his opinion on gold stocks. If the price of gold keeps going up, quality mining companies with high grade deposits will make a mint.

@chipcity3016

3 жыл бұрын

Quality being the appropriate word.

@frankvanalthuis1867

3 жыл бұрын

Exactly. But EB is about the average guy being able to safely get in without having in depth knowledge or doing in depth research.

EB Tucker is a great guy. Love the book, if you need a wake up a family member or friend send them his book. I liked to hear his story best of all.

Good interview. Enjoyable and informative. Book definitely worth a look.

I love the book, bless you Mr EB

This person is hilarious with his refreshing reality of not just his opinions but putting his mouth where he's putting money! For all of us to judge his authentication. I think for the most part he's genuine. And whats true is taking a piece of the pie w/out having to buy the ingredients, build the pie, own the stove, pay the electric bill, but instead just lease the apples for a % of each pie made & guaranteed so many pies must be sold. The more u have to be directly involved vs just taking royalties is a Wisemans game where when your young u want it to run every aspect until u drop & have to sell because they've over leveraged the farm to keep growing or competing. The game has its players & I want to watch the race from the nice seats not the horse. Already ran that race, no regrets. Just learn from your experience that's the real value.

Great interview Kerry. I follow EB and Metalla quite closely. One question though, and you might be able to answer this, and that is that the value of gold could benefit signifigantly from a crash in the USD - this seems like a strong possibility depending upon who you follow. If this is the case, i.e. USD falling and gold price soaring, then what is the implication for gold in AUD terms. I am assuming that if the USD crashes then the AUD gains in value (as it has been doing recently). Cheers.

@ptaeiy

3 жыл бұрын

I believe gold will "trump" over any man made currency. In the long run any currency will lose out to gold. I believe gold has out-gained all other major currencies (AUD included) except the USD... until now. Yes, the AUD might gain against USD initially for like a sec, then comes the realization that devoid of a strong dominant reserve currency the whole world economies will be in an upheaval.

Great interview ! Thanks !

I got MS but I try to physically do this - A) There's a way to communicate with others beyond the SILENCING & LOCKDOWNS I go to rail stations, supermarkets & AFFIX TO telegraph poles & shop windows (where legal) WORD PROCESSOR DOCUMENTS I PRINTED!

A STORAGE of WEALTH !! Period ! Had I learned this earlier in my life !

Straight forward E.B Tucker

EB Tucker has a point, real estate rarely yields more than 5% if you deduct all taxes and unexpected expenditures. Yet you can buy it with a credit which gives you torque. The only thing is to remain reasonable and always apply large safety margins in terms of your mid to long term cash resources.

The best explanation given by anyone on this topic. Gold and silver is real money everything else will depreciate.

In ounces of Gold Housing prices in Australia have been in decline for years.

"Credit score is only good for borrowing more"

Great interview! Thank you! Really like his style and insights. Looking forward to getting and reading his book :)

Fabulous interview, all the right questions asked, just subscribed to the channel.

I can't wait to read his book

Owning gold takes discipline. It's a long term investment as the presenter mentioned it's one way to preserve your wealth. It's also a form of collateral because you can burrow against it instead of selling it.

Smart guy overall but he said something which was a bit shortsighted 11:43 "some people buy 1 gram of gold, which isn't really worth it after you pay a dealers premium".....OK that may be an argument for todays prices but if hyperinflation ever kicked in and gold were to rise to $5000, $10,000, $25,000, $50,000 an ounce, how are you going to do any form of exchange for goods and services with a single 10 or $25,000 1 ounce coin? Are you going to shave off some gold, cut it with a saw, chip some off and then you'd need accurate scales etc etc.....at such a point grams and small links from a gold chain may be the best option. If the SHTF ever happens hold loads of smaller easy to transport pieces of precious metals.

@aedressler

3 жыл бұрын

That's a good point. Silver would probably be the first option for purchasing smaller things

@themesnjah5665

3 жыл бұрын

I have 1 ounce in 1/10 and a will have a 1 more ounce in grams 1,2.5,5,10 gram bars. After that 1oz pieces. Only for that purpose. Gold goes to 10k and those 1/10 are worth 1k. A little diversity helps.. Good point dude

@dboi4952

3 жыл бұрын

If an ounce of gold goes to $50,000, finding a way to spend it is gonna be the least of my problems 😂

Zen: "When poor I drink tea. Now riich I drink tea. When poor I sit still noticing nothing. Same when rich. Yet still I buy silver."

@danielcarson5651

3 жыл бұрын

Your Spot on

Here in NZ we have a big delay time in receiving gold and silver from the US and Australia. We are not big players and the delivery costs are very very high especially from the US. Trust is the mist important factor. Look around for a smaller dealer who has “stock”. Alternatively, go with one of the big dealers but expect an 8 week wait for delivery.

@ptaeiy

3 жыл бұрын

Here in the US, the lower premium dealers have about a 3-6 weeks wait time for delivery- called pre-sale. You can get them in abt a week if you don't mind paying higher premiums from other dealers. Now silver premiums are outrageous no matter what.

@stevenmcvey7363

2 жыл бұрын

Shaun, You posted an interesting comment regarding purchasing gold. My question to you is it difficult to find “the small dealer selling gold?” I live in the U.S and not too familiar with where to start, and avoid the high premiums..

Has E.B Tucker a KZread Channel ?

I live in the states and I’m trying to start acquiring more quarter ounce gold coins, but the gold American eagles are a bit high I was wondering what your thoughts are on buying the 1/4oz war of 1812 gold coins (being below 490)

@HDDynalowrider

2 жыл бұрын

Canadian gold coins are second best to american gold eagles

Excellent interview. Over here in the states, specifically NJ, property taxes are astronomical and IMO will only go higher.

Gold is a great asset. If you buy something with 2oz of gold today you will be able to buy the equivalent item in 50 years with 2oz. That is the nature of precious metal. There is only a limited supply! Unlike money which is printed!

Excellent interview as usual. The next time you get EB please ask why Berkshire sold off its tiny tiny position in Barrick only to add to their mountain of US Treasuries. Are US Treasuries better than Barrick on a risk-adjusted basis?

Buying gold is stupid for one reason and that reason is Silver.

@MikeSmith-ul4iw

2 жыл бұрын

@Paul Bedard raw silver is not rare. Only formed coins and bars are in shorty supply.

@MikeSmith-ul4iw

2 жыл бұрын

@Paul Bedard Has everything to do with your comment. Why stack a industrial metal that has plenty of inventory ? Gold is the cash of kings ! Silver is not even good for jewelry- it tarnishes. It’s industrial metal all the way.

@MikeSmith-ul4iw

2 жыл бұрын

Sorry Paul. Both of my replies were meant for Charlie.

@silverback7783

2 жыл бұрын

@@MikeSmith-ul4iw it up to you I believes in gold if you want.

A house completely depreciates in 30 years?! I just stayed in a B&B that was built in 1890 and it certainly doesn't look like it's depreciated 5 times over.

@creativity.studio4967

3 жыл бұрын

The physical house 🏠 depreciates, but the land its on skyrockets! So you can rebuild on the profits..

Is there a downloadable version of this book,where?

This is crazy that there are like a half million views on such a small channel! What a hit!

Interesting video. Thanks.

This is the first time I have watched your video. Isn't saving gold silver and on. I been doing it for about 5 years or more. I just love it. If you can't save forget it. If you spend what your trying to make money on its not going to work. Habbit. Won't work. I have made a bunch in the last 5 or so years. Love it.

House depreciates for taxes purposes. The value of the real estate increases over time and is also a good tax break.

Great information.

I own several royalty stocks and junior mining company stocks. Of the over 20 that I own Metalla Royalty has performed the worst over a 18 month period.

@nonokodog622

3 жыл бұрын

Yeah me too ! Glad I didn't buy NOVA. Will hold for a while though.

This is the greatest gold counciling session ever. I play the lattory to save money . I haven't been successful yet , so iam on my way to play again.

What are your thoughts on double eagles, common grade and date that are going maybe 5-10% above gold? I don't see that as being terribly risky and has some downside protection.

Gold is a hedge against inflation, that's all it really is. Why? because governments and central banks can't print it

@bycracky22

3 жыл бұрын

But can confiscate it. How is this az hedge?

@pulsarlights2825

3 жыл бұрын

@@bycracky22 Store some of it over seas in off shore accounts? Hide it in places they can't find it? Or by the time they do confiscate it, you will be way ahead of the idiots who only have cash, if you do decide to comply.....will that work?

Great Channel

I understand the relation, that was a very smart comparison. this is exactly the same stuff the silver stackers says, they say never buy fractions of Oz and never buys premiums or collectibles. You never buy jewellery crap, you buy spot bullion coins with the metal value and that's it. Thats a good advice.

" I cant invest 1,000,000 in physical silver " yes you can and by the time your done you'll personally change the IRL premium all around the world.

Great vid. Loved the info. I live in the USA and want to buy more gold. 3 years ago I bought some 1/10oz AGE ( yes, the premium was high, but I bought in a budget) But I want to buy 1/4 oz’s now. The AGE are a bit expensive, but are buying British sovereigns ok to buy and hold? Gold is gold, yes? Thoughts? Thanks.

@margaretplatt5752

3 жыл бұрын

Get a kilogram

Thank you 😁

Loved this! Cheers from Chile!,

I really like this guy, EB Tuker

I like proof coins with the box and booklet. The extra cost is worth the confirming authenticity

Gotta get his book!

What company was he talking about that is poised to focus on royalties in other metals like copper and nickel etc? Did he say its name and if its listed?

@cocoab88

3 жыл бұрын

MTA ticker on US/Canadian markets

I enjoy the tours of California - I love California, many of those places I've been to.

Thanks Tucker . 👍

I enjoy gold...so am a gold bug, but someone asked a question 'way down in the comments' about what would happen if you invested that same $20 bill in the SP500 in 1920. Now, I just googled it and found out this. Take it for what it is worth. Again, I think of myself as a gold bug.The average inflation rate of 2.60% has a compounding effect between 1920 and 2021. As noted above, this yearly inflation rate compounds to produce an overall price difference of 1,235.27% over 101 years.

great stuff thanks

Thx, great video! Is it possible to wish Euro Sun Mining (final BFS Q1 and Sprott invested) to be highlighted on your show?

Gold is no longer following fundamentals or technical patterns.its being held down to make us cash out.this could go on for years.

As a Canadian, how do I get involved in royalties? Ive been doing research on a few companies however they are listed on several exchanges (TSX, Nasdaq, LSE) how do i go about buying?

@postmodgent1499

3 жыл бұрын

Uh, open a trading account?

@lostchild488

3 жыл бұрын

@@postmodgent1499 is there a right way to do it? a better way to do it? how do i do it? where do i do it? So far I've got Wealthsimple, Questrade and BMO as potential platforms. I dont know where to go from here.

If you're keeping your head above water when everybody else is drowning, then you're ahead of the curve.

She's great!

Only seeing this 8 months later but thanks and I'm going to buy a lot

Stocks are wonderful. - You can make small fortune ...of a big one.

Great info 👍.

Gold is ok, but reality is... The supply keeps growing or maintained. So... Prices will not go up much.

I just bought the book.

Any safe way to buy Precious metals from individuals, coin shops without double premiums. Can you name a few?Ie: Silver is $26 but JM Bouillon sells counts cheapest $33.40

@themesnjah5665

3 жыл бұрын

That’s who I buy from. We’re just late to the party and 33 is just what the teal price of silver is. Paper value is not the actual value of Silver. Is you want silver for that price your stuck buying SLV. Which if you don’t hold it you don’t own it.

Gold pricing is VERY dependent on the industries of jewellery (fashion) and industrial uses (phones and other electronics). When people decide to sell their jewellery (such as in a depression), they will SELL in a big way and that could mean hundreds of tonnes appearing (eventually) on the gold market. Gold is not immune to falling dramatically in price.

@ef7480

3 жыл бұрын

But the selling on mass makes the price drop and people who know gold will buy the dip.

@whysoseriousiamnot9772

3 жыл бұрын

@@ef7480 then maybe it is wiser to buy at that time... during crisis there is always a dip in the gold market, big ones sometimes. Why not just buy at tht time..

I really enjoy an interview with E.B.

Bought the book, listening to your bologna, it's June 23, still waiting.

Gold is God's money. It's value will never go down. It already reached all time High in terms of all currencies of the world

@jamespeterson2690

3 жыл бұрын

I agree that gold is natural money, but to call it God's money makes a complete mockery of what God said about it.

@Serendipity-gj2me

3 жыл бұрын

@@jamespeterson2690 No it isn't. Gold is God's money, it comes from the earth. It is unchanging and pure. Perfect like the creator with energy incredibly powerful. It does no harm, it is a manifestation of the divine in precious metal form.

@jamespeterson2690

3 жыл бұрын

​@@Serendipity-gj2me If gold is God's money, then why did it require wars of empire (you know, murder, envy, rape), etc.) for nations to obtain it for use as money? If it's God's money, why does God tell us over and over in the Bible not to concern ourselves with it. There's nothing in the Bible more warned AGAINST than desiring gold. It's good to have, but calling it God's money is nonsense.

@jamespeterson2690

3 жыл бұрын

@@Serendipity-gj2me "It's a manifestation of the divine in precious metal form" is exactly what God condemns in all those warnings against idolatry, by the way. That's exactly the kind of thing an idol maker would say to sell his wares. There is no divine form within anything on earth. God doesn't manifest in rocks and stones, nor do rocks and stones reflect his nature. That's a plain, straightforward Biblical teaching.

@Serendipity-gj2me

3 жыл бұрын

​@@jamespeterson2690 Calling it the devil's money is also nonsense. Humans are the problem here, not the metal itself.

17:38 information about mining companies and the owner of of royalties

gold is king 👑 always

Watching in 2022..prophetic

I disagree with 1 point, gold/silver doesn't just "preserve your wealth" it is actually an income source because nominal inflation actually outpaces nominal pay raises, inflation is about 10% per year average but pay raises are only about 3% so this means assets/labor is cheaper year after year compared to the value of hard currencies such as gold/Bitcoin as it applies to the world economy. It's hard to illustrate, but one example might be that gold was already at all time highs in other countries before the US caught up, so I could always buy a house with my gold/silver in another country but now I can buy 2 or 3 houses with that same investment, although the labor costs rise in currency value, rising faster than gold/silver wealth retention, the nominal barter value of gold/silver greatly outpaces the costs of production for goods/services when priced in hard assets despite the fact that the currency cost for those assets appears to increase faster as a percentage. Mathematically percentage increases are irrelevant on charts which compare 2 items that are not directly correlated to each other, it's like comparing apples to metal, makes no sense at all. You can compare percentage gains of 2 cellphone companies such as Apple versus Samsung because they are directly related, but currencies have no direct correlation to precious metals anymore because that was made illegal. The only direct correlation of currencies should be to debts, the more debt a country has the less their currency should be worth, because currency is in fact a debt. Gold/Silver can only correlate in charts to other metals which have similar properties, uses, and rarity, so Palladium could compare to Platinum for example on a percentage based chart but any decent stats math expert should have enough common sense to never compare gold to money, it is nonsense. Metals become more scarce as time passes while cash becomes easier to obtain, so two totally different unrelated items.

@InterestPattern

3 жыл бұрын

It is impossible to return to the Gold Standard. See video: kzread.info/dash/bejne/m51_1I-iYJWYnbw.html

He should have done the cash example with a basket of stocks.

@mannybruce8950

2 жыл бұрын

It depends on what stock his grandfather had purchased . Some companies in the past went bust . If I had bought a bunch of dot Com stocks in the 90s I would have lost my shirt and nothing to past to my future generations . A regular person don't have to be knowledgeable about companies financial forecast or about the latest investment trend when buying physical Gold and Silver . Even a bum in the street panhandling for his next drink knows about real Gold and what he/she can do with it at the local pawnshop if they happened to receive some...it's gulp , gulp , gulp . But give that same person one share of Amazon stock and they will look at you as if you had given them a Christian pamphlet...useless towards what they are trying to attain . The point is that Gold and Silver has global monetary value for even the bums on the streets to the kings in their palaces so how can a well known commodity as that be considered a foolish purchase , even if a person did spend their entire savings on it .