We WILL be going back to the gold standard under Trump

@YankeeStacking

Жыл бұрын

What year is this comment from?? 😂

@evelynr.7596

Жыл бұрын

@@YankeeStacking 2022 the same year Trump will return. Save this comment so when it happens I’ll be able to say “I told you”

@YankeeStacking

Жыл бұрын

@@evelynr.7596 Give me a year that you believe you’ll be right. 2024?

@evelynr.7596

Жыл бұрын

@@YankeeStacking no 2022 Yes that means within the next six months

@YankeeStacking

Жыл бұрын

@@evelynr.7596 Oh, you are sadly SOOOOOOOO delusional. Ima keeping THIS comment!! 😂

Gold will destroy the FED

@YankeeStacking

3 жыл бұрын

Thanks for the comment! Appreciate you watching my video. 👌🏼

@YankeeStacking

3 жыл бұрын

@Kayne Fryday As I say in the video, Kayne, there IS. The PRICE would just have to spike way up to compensate. TFW.

@antoniospanayiotou8619

3 жыл бұрын

That would be nice!

@warreng3238

3 жыл бұрын

Q

@chriss4365

3 жыл бұрын

congress passed the fed act they can repeal it.

Gold Standard is like building real muscles without steroids...slow but stable and healthy

@CarnivoreNana

2 жыл бұрын

wish I could really afford to buy gold. So I will start with silver.

@StockyDude

2 жыл бұрын

The problem is that whenever gold miners find more gold, it adds to the supply and causes gold-backed currencies to lose value. Other times, a country’s economy may be doing better than others and their currency could be in high-demand, yet they don’t have as much gold as a poorer country. That throws off the global economy. In such instances, the value of gold becomes ignored.

@chupacabra4897

2 ай бұрын

Your comment shows how ignorant you are 😂 you don't understand economics . Stupidity 😂

“Gold is the standard but silver linings are pretty great too.” It’s coming.

@YankeeStacking

3 жыл бұрын

😂 Thanks for the comment! Appreciate you watching my video. 👌🏼

@timodum7542

3 жыл бұрын

White House portraits of Clinton and Bush were replaced with T. Roosevelt and William McKinley - Roosevelt was known for breaking up Monopolies and McKinley signed The Gold Standard Act of 1900 - hmmm...

@YankeeStacking

3 жыл бұрын

Tim Odum Hmm indeed!

@sharonwong6164

3 жыл бұрын

We are going back to gold standard, thank you POTUS! 🇺🇸💪💜 #NESARA #GESARA

@jaywillzxrp2691

3 жыл бұрын

Will silver hit over 4k an oz? Is it possible?

Those gold eagles are beauuutiful!

@YankeeStacking

3 жыл бұрын

Thanks! I think so too. Thanks so much for watching my video and leaving a comment! 👌🏼

I didn’t realize there was a difference between “gold standard” and “backed by gold”. Very informative video. Thanks for sharing your insight and wisdom Yankee 🤗

@YankeeStacking

3 жыл бұрын

I learned a thing or two as well, my friend! Great to see you here. 👌🏼

@chupacabra4897

2 ай бұрын

No it's not it's hype the gold standard has failed miserable everytime it was used even ancient Egypt used wheat for currency don't be a retard

gold and silver standard means fair priced silver $2,200 gold $12,000

@YankeeStacking

3 жыл бұрын

I agree!

@riteshmahajan7170

3 жыл бұрын

Why

@TR-kg9tk

3 жыл бұрын

Wouldn’t we want (silver like at least $6/7000 gold $12,000)?

@prasaddalal777

3 жыл бұрын

Silver $2,200 an ounce you mean?

@andrewbigsby9505

3 жыл бұрын

Gold: 40,000 Silver: 4,000

A gold standard would certainly adjust many hyper inflated items back to a reasonable level

@YankeeStacking

3 жыл бұрын

Possibly. Thanks so much for watching my video and leaving a comment! 👌🏼

I prepare within my limited means. I prefer gold/silver to USD, for saving.

@YankeeStacking

3 жыл бұрын

Good for you! Thanks so much for watching my video and leaving a comment! 👌🏼

@followthewhiterabbit8561

3 жыл бұрын

I want to start my own currency. It will be made out of toilet paper and fancy colors. Lets see if people will use my money.

I believe that the Gold Standard will come back this decade.

@YankeeStacking

3 жыл бұрын

It could, but I doubt it! Thanks for watching. 👌🏼

@joshspiker

3 жыл бұрын

More like this year.

@didforlove

Жыл бұрын

yeah its the end of a system

@seanoconnor1478

11 ай бұрын

Never going to happen. Gold is archaic and will never be used as currency again, unless there's an apocalypse situation and civilization is set back 2000 years. Digital currency is the future, like it or not...btc🚀

The coat and claim check analogy is the best gold standard description I’ve heard. Well done

The Nose knows. Vote, “TheNose 2020” Awesome Yankee. Get goose bumps every time I hear “gold standard.”

@NOSEMATICS

3 жыл бұрын

John Stuart Leibowitz, makes me want to wrestle with God. But my hip already hurts.

@leifc.6045

3 жыл бұрын

The global elites are in both sides in the end.

@YankeeStacking

3 жыл бұрын

HAHA Me too! Thanks so much for watching my video and leaving a comment! 👌🏼

@562Omar

3 жыл бұрын

Yankee - was that like $40K of Gold just quietly resting in the background?

@rapidservices9119

3 жыл бұрын

TRUMP 2020

Monetary financial responsibility from our elected officials. Hahaha Don't make me laugh. Good job Yankee!

@YankeeStacking

3 жыл бұрын

Thanks, my friend!!👌🏼👌🏼👌🏼

Thank you for educating on the difference between “the gold standard” & “a gold backed currency”. I never knew there was a difference.

@YankeeStacking

3 жыл бұрын

I learned TOO! Thanks so much for watching my video and leaving a comment! 👌🏼

$46,000+ in gold in front of you. Must feel pretty solid! 👍

@YankeeStacking

3 жыл бұрын

It does give some sense of security! Thanks so much for watching my video and leaving a comment! 👌🏼

@EZtech

3 жыл бұрын

And going up and up... LoL 😀

@kutaboveperfection

3 жыл бұрын

@@tho464 they weight more than an ounce so they are more durable to physically handle. when melted down there is a full ounce of .999 gold within the ASE.

@d.j.finest5598

3 жыл бұрын

@Rich Stevens That will be the value of 1 coin NEXT YEAR!🤔😳

@kutaboveperfection

3 жыл бұрын

Terence Howard no worries Brother, we are all trying to get our learn on. I’m glad I could help you on your journey. My PM fascination started a year ago and I knew nothing about coins etc. Stay sharp!

The world IS going back to Gold ... as are we ... you'll see. ;)

@leifc.6045

3 жыл бұрын

Unless cashless society comes around. Digital.

@YankeeStacking

3 жыл бұрын

We shall see! Thanks so much for watching my video and leaving a comment! 👌🏼

@leifc.6045

3 жыл бұрын

@@YankeeStacking gold will however skyrocket just like silver.

@YankeeStacking

3 жыл бұрын

Leif C. I think BOTH will skyrocket!!

@Pound_Shift

3 жыл бұрын

It might but the same thieves will be in charge of any new gold standard so it will be pointless

I think that was the most simple video I have seen on basic economics. If someone watch it, and couldn't take some knowledge from it, then it is hopeless for them. Clear, slow, and well put. That being said, there is obviously more to economics then what was put forth in this video but you broke it down better then any of my economic professors ever did in H.S. Thank you sir.

I'm commenting again as I've watched this 3 times. IMHO this is the best video you've put out to date! Keep up the good work! ✌️

@YankeeStacking

3 жыл бұрын

AW!! Thank you SO MUCH, Goldcic Vibefel. What a kind sentiment. Appreciate it!! 👌🏼

The word "fiat" as a Latin (ancient Rome) word. It means like: "let there be..." So let there be money made out of nothing - fiat money!

@albertanalyst123

3 жыл бұрын

Also let "money" be done and disappear along with dollar debasement lol

@syndicator5193

3 жыл бұрын

albertanalyst123 yeah that'll work

@YankeeStacking

3 жыл бұрын

Thanks so much for watching my video and leaving a comment! 👌🏼

@kair.5444

3 жыл бұрын

@@YankeeStacking I thank you for your great job on YT, for making precious Metals more popular and teaching and telling the whole world what real money is.👍Keep stackin' folks. Best regards from Germany

@goldcicvibefel9966

3 жыл бұрын

😸🙋

Wish I could just pile up 22.25 ounces of gold on my table haha, the value there is more than my entire silver stockpile and I've got over 1000 ounces of it... keep stacking and keep these vids coming. I love hearing your views and opinions on the gold standard

I really enjoy your content Yankee! Thank you for taking your time to make this video!

@YankeeStacking

3 жыл бұрын

Appreciate that, Ivanowski! 👌🏼

You put out so many awesome videos. Thank you bro.

@YankeeStacking

3 жыл бұрын

I appreciate that! Thanks so much for watching my video and leaving a comment! 👌🏼

Great time to be a stacker!

@YankeeStacking

3 жыл бұрын

It sure it!! Thanks so much for watching my video and leaving a comment! 👌🏼

Hi Yankee, loved this one! Super educational. I saw as well you had to do a disclaimer but whoever watches your videos regularly knows you are above all that, because you have a bigger picture in mind than what a certain politician says in a particular time. Take care mate!

@YankeeStacking

3 жыл бұрын

Thanks for that! And thanks so much for watching my video and leaving a comment! 👌🏼

Wow Yankee we are identical I our thinking and more am so happy I became a member of your site.

i never thought about it like that, that for all nations to back it it would need to be 10k an oz...very informative

@YankeeStacking

3 жыл бұрын

RIGHT??? Keep stacking, Syndicator! And thanks so much for watching my video and leaving a comment! 👌🏼

Nesara gesara ,it's happening now

@YankeeStacking

3 жыл бұрын

Mmmmm, not quite. Thanks so much for watching my video and leaving a comment! 👌🏼

@nrsrchd

3 жыл бұрын

Great bunch of video that explain what is to come. kzread.info/dash/bejne/X4eFs5aGpc-wYps.html

Got my 2nd gold coin, a 1/10 Gold Eagle, my 1st one was the Kookaburra from Apmex when the price was down. God bless Yankee

@YankeeStacking

3 жыл бұрын

Good for you! Thanks so much for watching my video and leaving a comment! 👌🏼

So Bitcoin is essentially "Fiat" declared by the owners rather than the Government.

awesome video Yankee imma keep stacking as much as possible i dont put all my faith in paper money,i wud luv to use metals for transactions

@YankeeStacking

3 жыл бұрын

Thank you, frugalStacker! 👌🏼

yeah I mostly agree with what you said at the end, I do think it happens much sooner because of the current environment. I also would add you left out one of the most important things which is consumer confidence...see when the hyperinflation (that is coming in 2021) kicks in people will panic the dollar will crash the market will crash (which is being falsely held up) and gold/silver will rise (which is being falsely held down) when people realize all that they will have zero confidence in a new fiat currency unless it is backed by metals IMO. when that happens then the rest will likely happen worldwide and if you calculate the primary powers M1 money supply (as of now but they are all printing like mad right now) and take the current gold reserves held by those countries if you back currency by 40% with Gold it would need to reset to $15,000 if you backed 100% it would be 50k I suspect the former would get it done but none of us know and only time will tell and you are right just keep stacking.

@YankeeStacking

3 жыл бұрын

Great comment! Thanks. 👌🏼👌🏼

This is really interesting yankee love the info!!

@YankeeStacking

3 жыл бұрын

Thanks for the comment! Appreciate you watching my video. 👌🏼

Great video, I like that its simplified. Been learning about economics for a long time now (also just start you tube channel and stacking myself). Keynesian economics does not work imo I definitely lean towards Austrian economics myself. You probably already know this but Peter Schiff had the same analogy you advised, sounds alot alike. Peter just go in to it in way more detail. great video though you are very intelligent in your way of explaining the information that most need to understand.

@YankeeStacking

3 жыл бұрын

Glad you enjoyed it and learned something, Juice!! 👌🏼

Good vid. I too am an independent, and that’s why I voted for Trump because he wasn’t a politician. I’m glad.

@YankeeStacking

3 жыл бұрын

Trump sure wasn’t a politician! And that was definitely a big plus for him. He’s made up for lost time, however. 😏

@Eli-qr9hc

3 жыл бұрын

Yankee Stacking i’ve always understood that the presidency was like running eight of the worlds largest companies as a CEO… The governments around the world have all but turned into corporations. God bless brother

@RealMarkitosRodriguez

3 жыл бұрын

It doesnt matter what president we have the fed doesnt want to lose power, all their presidents make everything work for the Fed and the owners.

@Eli-qr9hc

3 жыл бұрын

Marco Rodriguez power was given one time and it can be taken again.

@mikeb5372

3 жыл бұрын

I don't believe the banks would allow losing their massive control which comes from the fiat system without using THEIR clandestine operatives to spark a war. If people want and try to push for a sound money system then be ready for war. People aren't going to be willing to war over monetary policy until one, they understand its importance and two, they are reduced to substinant living. People are going to be willing to accept the minimal degree of freedom and live in quiet desperation. The US as well as the rest of the world is philosophically bankrupt and there ain't no hope until a conscious objective philosophy sweeps nations into the right direction

The “trust” factor, in my opinion, will determine when the dollar is pegged to gold, in some percentage, ie. 10%, 50%, etc. and yes global currencies will have to be involved. No trust, no acceptance of fiat currencies.

@YankeeStacking

3 жыл бұрын

No trust, no hope. Thanks so much for watching my video and leaving a comment! 👌🏼

Great video Yankee, and yes I’m still stacking both Gold and Silver ;)

@YankeeStacking

3 жыл бұрын

Good for you! Thanks so much for watching my video and leaving a comment! 👌🏼

Thanks Yankee. very insightful! The education continues….

Nice amount of gold!

@MrThe1234guy

3 жыл бұрын

Quickly becoming Unattainium! Back when Yankee got his gold coins, I bet he could have never imagined he would become KZread Famous showing off his stacks 🤑

@YankeeStacking

3 жыл бұрын

I never even CONSIDERED being a YT Content Creator in 2009! 😂😂😂

Its coming, the only question is when brother!

@YankeeStacking

3 жыл бұрын

When indeed!! Thanks so much for watching my video and leaving a comment! 👌🏼

@JPLawnsMore

3 жыл бұрын

I agree!

@angelarose249

3 жыл бұрын

Wouldn't other countries hoard gold if that happens?

@ncabcabin

3 жыл бұрын

@@YankeeStacking I can't wait for the gold standard to come back. God bless Judy Shelton and QANON. "The gold will destroy the FED". Beautiful gold coins you have there.

@mixer7586

3 жыл бұрын

@@angelarose249 keep pulling on that thread buddy, you are getting warmer 👍🏻

Nice.. good video for the newbies too.

@YankeeStacking

3 жыл бұрын

Glad you think so! Thanks so much for watching my video and leaving a comment! 👌🏼

Good morning Yankee! Have a great day my friend. Markets are on the move!

@YankeeStacking

3 жыл бұрын

WHAT A RIDE!! 😂👌🏼

They def won’t just give up the dollar without a fight. The world would have to force us on it.

@syndicator5193

3 жыл бұрын

Brandon Hargis not yet not enough aware people

@Viper4ever05

3 жыл бұрын

The dollar is how they have as much power as they have. They can print as much of it as they need and buy as many weapons as they need to control assets all over the world. Returning to the gold standard would cripple their ability to tell others what to do.

@YankeeStacking

3 жыл бұрын

The fight will be HUGE!!! Thanks so much for watching my video and leaving a comment! 👌🏼

@CalCaliente

3 жыл бұрын

Luck Of The Irish basically there is no way in hell a central bank would give up control of money creation. That’s so much generational power. You essentially control the world. Having gold means you need honest spending

@Iwasherepodcast

3 жыл бұрын

The dollar is literally burning before our eyes.

Oh oh, here she comes. Watch out boy, she'll chew you up. Oh oh, here she comes. She's a Gold Standard!! Lol.

@YankeeStacking

3 жыл бұрын

HAHAHAHAHA!!!!!! Great one! Thanks so much for watching my video and leaving a comment! 👌🏼

@shawnspreciousbullyon

3 жыл бұрын

@@YankeeStacking soon as the bell goes off, I'm right there watching your newest video always. You have great content that will literally save people's life in my opinion.

Great video Yankee. Really explained the gold standard very well.

@YankeeStacking

3 жыл бұрын

Glad you enjoyed it! Thanks so much for watching my video and leaving a comment! 👌🏼

Im from Philippines and i am waiting to implement the wealth for humanity. The gold standards will return very soon.

We need to switch to the GOLDBACKS!!!!

@MrWesford

3 жыл бұрын

I was thinking about getting a set of those. The problem is I wouldn’t actually use it as currency unless they were prominent in my area. Ima just hold on to them.

@YankeeStacking

3 жыл бұрын

They're sponsoring my channel soon. Stay tuned! Thanks so much for watching my video and leaving a comment! 👌🏼

@coreyleopard2864

3 жыл бұрын

Oh yeah I wanna buy a full set so that once we do switch those instantly become historically collectible! Plus it’s a gold laced bill like how much cooler could it be!

@N8palmDeath

3 жыл бұрын

I am of the mind that goldbacks are just a shinier fiat, and against what we stack for. Not for me. Bullion is my play.

@PaintedCavern

3 жыл бұрын

@@N8palmDeath It's not fiat. It incorporates physical gold into the bills.

Wanna see what happens to GOLD and SILVER after the 2020 elections?? 🤷‍♂️ Must see THIS ➡️ kzread.info/dash/bejne/loibwbBph9OqhLw.html ‼️

@russcorbett3923

3 жыл бұрын

I don't know what will be coming ,,, I've heard the " digital dollar " ,,,, regardless ,, for every 100 ounces of silver that I get , I buy 1 ounce of gold . I've got bars rounds and coins ,,, I dabbled in platinum and palladium but I never got much of either . I don't know ,,,when it comes time to sell ,,,, what do I ask for because supposedly the dollar is going away ?? Digital dollars ?? Swedish Kronars ?? Chinese yuan ??? Or are we moving into a point in time ,,, that we can't or should never sell ??? Sorry ,,, I'm just confused and scared to lose it all .

@Jblast252

2 жыл бұрын

gold, silver and copper

@stevemiller8895

Жыл бұрын

Value and jurisdiction it's an important word gold implies common law and personal sovereignty whereas Fiat implies military jurisdiction dictatorship and Fiat currency as well as personal enslavement. Dejure in the common law defacto in the military democracy

@sixshooter4570

8 ай бұрын

​@@Jblast252 Don't forget lead.

Great stuff, sir. Exceptional skills at communications, but your gold is the real star of this show! Good job. I am skeptical about returning to the GS because human behavior of insatiable flaws is impossible to reverse. This would restrict FUTURE spending, and there in lies the catch-22. The federal government can’t control itself from printing. We are just trying to make sure our currency is stronger than the Yen, Euro, etc. if you think we can just inflate gold because inflation could explode as well.

@YankeeStacking

3 жыл бұрын

The fed can’t control itself. You’re right. And yes...I know...the gold is the real star. 😂😂

great video, very informative without upsetting some people. However, the estimated gold price should be between 15k and 50k /oz, depending on how much dollars get printed.

@YankeeStacking

3 жыл бұрын

Thanks Bart! I can see those valuations! 👌🏼👌🏼

I will just leave this comment right here. Can fix the debt IF they HAVE the gold....... currently on the books at $42.22 per oz. A revaluation to $10k would do it, or at least set the record back on a reasonable course.

@YankeeStacking

3 жыл бұрын

Thanks so much for watching my video and leaving a comment! 👌🏼

@tomisaac8388

3 жыл бұрын

Picture a revaluation with less debt. Less currency to account for

Great video 4 sure yankee

@YankeeStacking

3 жыл бұрын

Thanks for the comment! Appreciate you watching my video. 👌🏼

very good vidéo, thank you mate 👍

@YankeeStacking

3 жыл бұрын

Thanks so much for watching my video and leaving a comment! 👌🏼

Those gold coins are beautiful

I like this recent format style of videos Yankee. Great work! I do have to disagree with Tim relative to China and gold. I don’t think China has much sovereign gold at all. Besides the fact that the CCP has zero transparency, the history of Chinese industrial ventures abroad is a total disaster. Oil and gas in Venezuela and Brazil was a total wipeout for them. And I think it’s the same for resources in Africa as well. Maybe they have some production of cobalt and some quantities of REA (from African children digging in the mud with their bare hands) but gold? I don’t think so much. Those mines are not modern or efficient and the Chinese are not competent at managing third world labor in conflict zones. Additionally those African leaders are massively corrupt as are every link in the chain below them. I would be surprised if these ventures in China were breaking even. Lastly if China has so much gold then why are there numerous fake gold scandals coming to light in the mainland? Billions in fake gold representing double digit percentages of the alleged State gold reserves. Like Pompeo has said with China you must “distrust then verify”. And about a return to a gold standard. Well America had a silver standard for 100 years and it worked fine. Even into the early twentieth century you didn’t have real money unless you had a horde of silver. And way before that silver was the metal of trade commerce and trust. I vote for a silver standard because that is the one of the only ways the mass of regular people can own and trade real value. Silver has a long list of use cases. Gold has like two. Silver for the people! 💯

@YankeeStacking

3 жыл бұрын

Great comment! And I’m glad you like the new format. However, I’ve studied the use cases for both gold and silver and believe it or not, gold is actually better than Silver. I have an engineer for a brother-in-law and he says anything that Silver can do from an electronic standpoint gold can do much better. It doesn’t have the tarnishing aspects that plague Silver in that industry. However, gold is more expensive so Silver is sometimes used as a cheaper alternative. But almost anything Silver can do, Gold can do better! 👌🏼

@darlenemestas2960

3 жыл бұрын

I've questioned Chinas amount of gold ever since they sent some to other countries and the bars were fake.

@jwholmes2

3 жыл бұрын

The conductivity of silver is nearly 1.5 times higher than gold. 6.3 vs 4.5. Gold is not only too expensive to be used in most electronics it’s not necessary as corrosion is easily prevented by product design and simple things like laminating circuit boards. In the aerospace sector. (I’m an aeronautical engineer for over 20 years) the highest power density batteries are silver oxide chemistry. These batteries are super light and last a very long time. The only gold used is maybe plating on contacts (rarely). Even the bolts on the engines of every airliner are plated with silver as a low friction heat resistant coating! Additionally gold does not have the anti-bacterial or anti microbial properties that silver does. Silver is woven into the fabric of clothes to prevent bacterial growth. In Japan the Tokyo metro department is using silver spray to kill the beer bug on train cars! Silver is the best reflector of visible light so it’s used in consumer industrial and military grade reflectors exclusively. The only reflective application I can think of for gold is coating of space suit helmet visors. A very, very narrow application. Silver chemistry is essential for industrial photographic films. Yes films are still used in medicine and many other industrial imaging applications. I don’t think there would ever be a time where gold would be used in things like photovoltaics. Too expensive, less efficient and nearly twice the weight of silver. Same thing goes for solder and brazing. Yes there is gold brazing, but it’s almost exclusively used for jewelry which is gold’s main consumer application. Bottom line is that modern life on earth is as dependent on silver as it is on oil. Gold has two significant use cases; monetary metal, and jewelry. Silver was a monetary metal until 1964 and it’s use since then has enabled most of the technological progress of the modern world.

@TonyBianchi

3 жыл бұрын

@@jwholmes2 thanks for articulating this as I have been mostly aware of the less distinct delineations between the two metals, but knew silver had numerous points of superiority as compared to it's counterpart.

@bruce7mail122

3 жыл бұрын

@@YankeeStacking Better? Only when eyes are closed to the cost benefit ratio. absurd.

As I watch this video gold is at 2060 and Silver is at 27.19, crazy times Yankee! Returning to the gold standard is never gonna happen, especially if other countries have to adopt it as well. Not enough Gold to go around!

@rodolfomartinez319

3 жыл бұрын

@@MaMa-st2eg there is enough gold, countrys with budgets dont want gold because it means they can only spen what they have. With Fiat currency they can spend till they are broke, then print more and spend more. Gold and silver are equality and responsibility, they benefit the individual and lead to prosperity

@YankeeStacking

3 жыл бұрын

Crazy indeed! Thanks so much for watching my video and leaving a comment! 👌🏼

Wow, great video! Interesting as can be.

@YankeeStacking

3 жыл бұрын

Thanks John!! 😃👌🏼

Great analogy

@YankeeStacking

3 жыл бұрын

Thanks Joe! 👌🏼

i would love to hit 10000 an oz so we could go back to the standard but the whole world economy would collapse. Which might be good and we could start over

@YankeeStacking

3 жыл бұрын

Thanks for watching and for your support. Appreciate it! 👌🏼

I told you we was going back to the Gold Standard....

@YankeeStacking

3 жыл бұрын

Did you watch the video, Carl? 😂

@CarlESmith-uo9ww

3 жыл бұрын

Yes...I did...and we have the Gold to back it....Gold will be revalued and Silver also Platinum to back our New Currency. President Trump and with Judy Shelton already had put it into place. Check out the Gold price on July 4....all day it traded at 1776 a oz....Wealth back to the people...and he will get that tax holiday He's looking for. Trump 2Q2Q

@goldspirit1184

3 жыл бұрын

@@CarlESmith-uo9ww only after 2022, fed cherman must be changed... WWG1WGA

Thanks for the show bro keep stacking bro

@YankeeStacking

3 жыл бұрын

You bet! Thanks for the comment! Appreciate you watching my video. 👌🏼

Very informative video. I love your channel, keep em coming

@YankeeStacking

3 жыл бұрын

Thanks, Arlen! 👌🏼👌🏼

The problem with a Gold standard is he who has the Gold, sets the standard. One of the main reason's Nixon took us off the Gold standard is because of the Foreign countries exchanging the dollar for physical Gold. That started back in the late 1950's and when Nixon removed us from the Gold standard, in 1971, it was because our reserves had gone down around 50% from the exchange with Foreign countries. Also, the Governments official price of Gold is $42.22 per ounce. Kind of interesting, don't you think? Lot's of interesting history in our monetary system. We had four President's assassinated who dared to try and make changes too it.

@myes344

3 жыл бұрын

40$ in 70 is 2k today

@YankeeStacking

3 жыл бұрын

Thanks so much for watching my video and leaving a comment! 👌🏼

@triumph928

3 жыл бұрын

@@myes344 : Status Report of U.S. Government Gold Reserve - Current Report www.fiscal.treasury.gov/reports-statements/gold...

And silver has infinitely more intrinsic value than gold

@YankeeStacking

3 жыл бұрын

We’ll have to agree to disagree there. I stack both for similar yet slightly different reasons.Thanks for the comment! Appreciate you watching my video. 👌🏼

@kagura222

3 жыл бұрын

can you explain that ?

@YankeeStacking

3 жыл бұрын

Андрей Иванов Silver as a more speculative play and for small item barter. Gold for a more insurance play and larger barter. 👌🏼

@kagura222

3 жыл бұрын

@@YankeeStacking Hi Yankee, thanks for reply, but I was actually wondering what Dom1118 meant when he said Silver has more intrinsic value than Gold. If you have any thoughts, I would be curious to see what you think about that as well.

@YankeeStacking

3 жыл бұрын

@@kagura222 Well, since I disagree with Dom1118, I'll let him speak for himself! ;)

thanks for the knowledge, so.. to bring the gold standard , they will first spike the price and when people want to trade their cash for gold at the feds, people ends with paying more for what is worth ~1.8k USD/oz current market value. I would love to see gold reaching the 4k as predicted by most professionals

reject Keynes, embrace gold

I don't see us ever going back to a gold standard...and it's not a requirement of fiscal responsibility...but greatly helps to ensure it. It puts rules to the financial game! Of course...the US has a stronger hand than most, so it may not behoove us to play that game. We are in a transition period and it's going to be very rocky...end the end I think the US wins and gold/silver win. We have all the leverage, and are making moves to keep it that way...if we pack up and go home -- then everyone loses, but us the least. Having an international reserve system based on some kind of SDR is about the worst thing that could happen for the US, and we won't stand for it. We will see it coming, as in modern times a reserve is not just a denomination (like USD or Gold) but an entire system -- that takes time to build and put in place.

@YankeeStacking

3 жыл бұрын

Thanks so much for watching my video and leaving a comment! 👌🏼

so why didn't you vote for Trump if you're a patriot and wanted this nation to succeed? I feel like the only reason you wouldn't vote for Trump is if you were anti-Trump. Otherwise, everything he stood for is exactly for the nation to succeed...

Problem is the FED is not owned by or part of the US govt it is a private bank.

@YankeeStacking

3 жыл бұрын

You are RIGHT!

@rsahota5325

3 жыл бұрын

Illuminati devil worshippers that sank the titanic because it had politicians who opposed there takeover

Sorry I didn't pay much attention to what you said was distracted by the gold on the table.LOL!JKD! Another great video

@YankeeStacking

3 жыл бұрын

😂😂😂👌🏼

Cute masks there, "men!" Conformists.

@YankeeStacking

3 жыл бұрын

I conform to intelligence. I’ll continue to wear my N95 respirator (not a next to useless “mask”) as I see fit. 😏👌🏼

@leifc.6045

3 жыл бұрын

The ruling class wins in the end. They fund both sides and we're just the helpers.

@syndicator5193

3 жыл бұрын

as a biz owner he may feel some esp older and aware folks wouldn't do biz with him if he didn't wear it. thankfully my lcs doesn't require it

@syndicator5193

3 жыл бұрын

Terence Howard not a trumper. i have my opinions and should have the right to behave how i see fit according to them, but you support govt overreach and you think anyone who thinks different than you is a trumper you are not worth my time.

@biblebookclub668

3 жыл бұрын

@@syndicator5193 👏👏👏

I've started stacking 1oz silver coins not for a long term investment at the moment as they're rather expensive, but rather for something to barter/trade if Sterling (UK) crashes in the next year or so.

@YankeeStacking

3 жыл бұрын

Good move! 👌🏼

Thanks Yankee!

@YankeeStacking

3 жыл бұрын

Thank you for watching! 👌🏼

Finally a KZread video that shows there is a difference between gold backed money and the gold standard! One thing to add, the standard was an exchange rate mechanism that worked because gold did not back the currency, it was the currency. One last point, to return to any form of monetised gold would require that governments regulate the supply and price of gold. Think what that means for stackers.........

@YankeeStacking

3 жыл бұрын

Glad you enjoyed it, Simon! Thanks so much for watching my video and leaving a comment! 👌🏼

I think you got the balance of info and opinion just right 👍 it's always interesting to hear Tim's views too 🙂👁

@YankeeStacking

3 жыл бұрын

Thanks, man! Appreciate that. Thanks so much for watching my video and leaving a comment! 👌🏼

If/when we lose the dollar how much will an ounce of gold cost then if it is now based on the dollar? Is there another form of currency to back up gold or silver?

Great topic, Yankee! As they say, "history repeats itself" and our cash is going the way of the continental dollar, however, this time, unfortunately, instead of a silver and gold backed currency, I tend to believe the move toward digital currencies. The move toward digital currencies supports many of the theories about the fed, etc, but that's a whole other topic!

@YankeeStacking

3 жыл бұрын

I totally agree! Thanks so much for watching my video and leaving a comment! 👌🏼

@wongpansung7652

2 жыл бұрын

Digital currency is no different with fiat as long as it is not back by gold! How can digital currency be back by gold or silver because it is not tangible at all. If the world accept digital currency, that means all countries government can self create $$$ as they wish so no difference with fiat currency except that you can’t hold it at all, it is for your eyes ONLY! Wtf!

thanks again yankee love the videos buddy

@YankeeStacking

3 жыл бұрын

Thanks Randy! 👌🏼

What is the highest you’ll pay for a generic gold gram? I picked one up today for 65$ which is right around melt price. Thoughts?

@YankeeStacking

3 жыл бұрын

I only buy gold and silver coins as a rule (with some rare exceptions). Thanks for watching and leaving a comment! 👌🏼

Great explanation!

@YankeeStacking

3 жыл бұрын

Thanks! Glad you enjoyed it! 👌🏼

Gold, Silver and XRP thats what I'm stacking

If gold hits 10,000 then what would the gsr be set at? Or would silver still fluctuate? Love your content Yankee u da man! U make me proud to be a a stacker and a patriot. We live in exciting times right now for sure.

@YankeeStacking

3 жыл бұрын

Idk. Silver to the 🌝 Thanks for the comment! Appreciate you watching my video. 👌🏼

@JOHNRMECH

2 жыл бұрын

Could go 20:1

It all comes down to confidence. Confidence from both the people and markets.

@YankeeStacking

3 жыл бұрын

And confidence in BANKS! Did you read what BOA is going through RIGHT NOW? ZERO balance displayed on online accounts. Rather scary, Fergie!

I saw the headline and thought to myself damn! Now thats something exciting. I knew I wasn't the only one wondering what would happen. I don't remember which silver stacker posted it, but I remember seeing that if the US were to go back to where the currency was backed by gold and silver, inorder to bCk every dollar ever created it would bring the value of silver up to almost $2000? Can't remember exactly but this video was an excellent perspective, especially with your LCS input.

@YankeeStacking

3 жыл бұрын

Thanks, Lorenzo! 👌🏼

Wow that’s amazing!! Love your collection of golden eagles! It’s definitely coming soon !!

@YankeeStacking

3 жыл бұрын

Thanks for watching and leaving a comment! 👌🏼

Countries currency directly linked to Gold and silver. Not only gold. That's gold standard

Great video Yankee. I just got a great deal on junk silver 25 per ounce CND. I bought 19.75 for 494.00 I think I am running away with it.

@YankeeStacking

3 жыл бұрын

Good for you! 😃👌🏼

Here's a Q for you Yankee: in my state (MN) there is sales tax on sovereign metals assigned a monetary value but no tax on generic bullion. In that case which would you stack? Obviously you'll accumulate more weight with generic bullion and not face steep premiums, but you'll realize less return when it's time to sell.

@YankeeStacking

3 жыл бұрын

That would be HARD for me to execute on “Stacking the Yankee Way”. Hmmm. IDK. probably generics, but I wouldn’t like it. Thanks for the comment! Appreciate you watching my video. 👌🏼

Another awesome video man. I'm curious if you still think a pullback is coming? Silver is over $27 an ounce today. Getting a little nervous over here cause I certainly don't have enough of either metals. Tempted to buy now!

@YankeeStacking

3 жыл бұрын

I hear ya! And if you don't have much, I can see why you should. HOWEVER, I'm waiting a few more weeks. You do you!! Thanks so much for watching my video and leaving a comment! 👌🏼

@thestackattacker8789

3 жыл бұрын

@@YankeeStacking always man. I'm a supporter of your channel and the info you put out!

I’m curious where Tim got the idea of the mixed currency concept. Did he come up with that or read it somewhere? It makes total sense.

@YankeeStacking

3 жыл бұрын

I actually don't know. There is a LOT of knowledge in that man's head! Thanks so much for watching my video and leaving a comment! 👌🏼

For the U.S. to revert back to the gold standard it would have to devalue the dollar making all imports much, much more expensive and not desired by other countries as it is today.

love this conversation....

@YankeeStacking

3 жыл бұрын

Thanks!

In today’s episode,Yankee rolls out the cannon ( big guns ) 👍

@YankeeStacking

3 жыл бұрын

LOL!!! Thanks so much for watching my video and leaving a comment! 👌🏼

Great exposè. Keep it coming.

@YankeeStacking

3 жыл бұрын

Thanks William! Appreciate it. 👌🏼

Yes Sir. I am an Independent as Well. I wish whomever Well if they gone do it Right and Gold Standard is Respect even though I’m More Silver stacked on my Ranch. This Storm gone be Ruff.

@YankeeStacking

3 жыл бұрын

Thanks for watching! 👌🏼

ty

We can do it. But instead of troy oz measures would need to do metric with grams. The traditional pennyweight of gold was 1.56 grams. 156 grams to a dollar... Make it electronic.... Might need to adjust weights and measures a bit but it can happen

@YankeeStacking

3 жыл бұрын

Thanks for the comment! Appreciate you watching my video. 👌🏼

Just a clarification Yankee, the Bretton Woods agreement of 1944 established the US dollar as the world’s reserve currency based on 40% of the nominal value of an ounce of gold

@YankeeStacking

3 жыл бұрын

Thanks for that clarification, Gary! 👌🏼

six months later, still printing, borrowing, stimulating. I buy metals with my stimmies.

I love your videos!! I never learned about money in school and I’ve been trying to catch up. You’ve taught me so much and I love the claim check for your coat analogy!!! 🇺🇸🇺🇸❤️🇺🇸🇺🇸

@YankeeStacking

3 жыл бұрын

Thanks so much, Katerina!! I can't say I came up with that analogy, but I do try to keep my videos educational and entertaining! 👌🏼

On a British note and I quote it reads just under where it says bank of England" I promise to pay the bearer the sum of". However much the note is valued at Im curious as to what you would receive by trying to cash it in? We have 1 pound coins that aren't worth the materials used

@YankeeStacking

3 жыл бұрын

I have no idea! Interesting. Thanks so much for watching my video and leaving a comment! 👌🏼