Should I Buy Silver or Savings Bonds???
Tuesday, November 22nd, 2011 at
7:27 am
In 1997, I paid for this Savings Bond…and even though it is worth today, I have LOST purchasing power. That same in 1997 could have bought me 5 ounces of Silver, and MULTIPLIED my purchasing power. Thanks for watching!
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Filed under: Gold
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Very well done
Thanks for the vid
really puts things into perspective
@misterpants666 Thanks for the insight on the status of things across the pond. Very interesting to hear that silver is so cheap on this side of the world…hope you are able to acquire as much as you need.
I just ordered my first ever Panda this past week, I paid under $37 for it…can’t wait to get it! Thanks again for sharing your point of view
@Silverfreak831 Yes, I have been thinking the same thing. I can get about 1 and 1/4 ounces for this today. If I hold onto it much longer, it will be nothing more than a worthless conversation-piece relic.
I now keep an old 1 ounce Morgan in my pocket wherever I go……..the funny thing is that very soon you realize how the cheap coins minted today are SO INCREDIBLY LIGHT. I fished a quarter out of my pocket, and at first thought it was a dime since it was so darn light. If todays coins had been introduced back in the late 1800′s, Americans would have had nothing to do with it. Keep stackin, and preparing for the dollar crash.
It would be interesting if you did this video on an Annual basis for a yearly comparative of the 2 investments. My bet is that each year form now on, the difference will be even more significant. But you already know that
@misterpants666 check out bullion-investor com/price and you will always get the best prices availlable in europe, your panda is at 38$ now and eagles at 35 incl VAT
Good thing i got 393 ounces of silver and 5 ounces of gold!
The price for an ounce of bullion on Scotia Mocatta is $34 while silver is $30.
When I started buying it was $18 an ounce and the same bar was $20.
A snapback to the upside is coming and it’s coming soon.
I agree, dump the bond and buy silver. LOL Great vid.
ALL FIAT CURRENCY WILL EVENTUALLY RE-VALUE TO WHAT IT’S WORTH : ZERO
DO NOT SELL THAT BOND!!!! You have crystalized the silver arguement better than anybody I’ve seen. That bond is more valuable as a teaching intrument than the cash you paid for it. Thank you SO much for posting this video. I have favorited it and will now use this video as my main arguement/talking point. Best wishes, Bill
@BillKville Bill, considering all the wise people out there who spend tons more time than I do researching the Silver story (and to whom I am indebted for all their work and knowledge), that is very high praise and I thank you for it. I hope and pray that you are able to help the people you care about protect themselves from what is about to happen, and what a humbling thing it is to be a small part in helping those people.
Great video bro !
Awsome video bro ! Thanx for sharing it !
Man, you took all the info you’ve gathered and condensed it into a coherent, easily understandable presentation. Thank you fo doing it, and God bless.
Bill
Great video, an excellent explanation of the declining purchasing power of our dollars.
I think what people fail to realize is that ” IF ” the United States Dollar every collapsed to be worth nothing…..which many people on this very page are indicating, then silver or gold won’t help you. The Bible says that people will cast their gold and silver in the streets. I agree that right now, as an investment gold and silver seem sound but I do personally believe this is a bubble that will eventually burst. I can assure you that silver won’t hit 100.00 an ounce. It will burst!
Also what people fail to realize is that while that savings bond is worth a little less in purchasing power, if everyone in the United States bought 100.00 worth of savings bonds per month, it would give the people leverage over the Gov’t. Instead of our country being indebted to foreign countries, it would be indebted to its own citizens. This is always a good thing. When you buy savings bonds, that money is used to operate the Gov’t which keeps our Gov’t from borrowing or printing money.
Yea don’t delete this video I have it linked to a forum that is full of morons. They need good examples of smart thinking. Sadly they are so stupid. Oh well.
Buy Gold and Silver – sign up for free…get paid on referrals… Too cool!
@greekman1981
Your very funny, people in Zimbabwe will gladly take your gold and silver if you should decide to throw away any!! You must work for your Government.
That really puts it in perspwctive. I wish I would have bought my waight in silver when it was at $5 an ounce!!!! Now I can’t aford it.
what makes it dirt cheap?
@saywhatchloe Watch my latest vid on what the Ancient Romans valued silver at…I tell you why silver is dirt cheap even around $50/oz:
One thing you have to worry about though. In 1988 or whatever year it was I don’t recall off hand. Silver was $50 a TOz and in 1997 it was $4. Once the market peaks for metals and it stabilizes the prices drop. Yes it may go higher but there is a good chance the metal prices may drop back down too and your $36 a TOz purchases may only be worth 5 or $10 TOz but that is the risk of investment.