Gold and Silver News 10/29/2011 EU Debt Deal
EU Debt Deal Eliminating USD US Mint Sales of Gold and Silver Eagles
Video Rating: 4 / 5
Comments (24)
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Their getting? ready to introduce the new currency in 2012.
Auf dieses Video antworten… ? thanks for your updates christian!
@solitaryairborne
well, I grew up in a socialist country. if this will come true, the best way to keep your wealth is to leave that country. you can call this geopolitical diversification so remember: you might need to use gold to get out. anyway, if the socialism rises again the things will? get a lot more complicated but owning physical will still remain a way of wealth (and under certain circumstances life) protection. take care!
I hope I won’t ruin the surprise by revealing Mikes exit strategy …
His exit strategy is to simply stop buying silver … as guess what … he has built a nice infrastructure to offload all his silver through his shops. And when he is almost through his? stock, he’ll send out an email saying “I sold it all, c’ya”. Good luck finding a buyer for all your silver.
It is sad to see you are promoting the silver ponzi scheme. Before 2000, average mintage was about 5M ounces. Between 2000-2007 average of 10M ounces. 2009 and 2010 about 30M ounces and that is eagles alone. There is a LOT of silver out there. Be wary before you buy silver. It is not as scarce as they try to make you believe.
10 years ago silver was less than $5/ounce. The fat is already off the milk. You still can make? a profit if you know when and where to sell.
C facts: 1920 it was shown that the primary chemical the skin makes from our? sun cured breast cancer in the 90′s the final chemistry the body makes from the sun was shown to reduce the mortality rate of all the cancer victims in the study group by 75%. breast,colorectal and prostate is what the study group was on. the final chemistry (D3) the? body makes from our sun is literaly responsible for the cycle of the healthy cell. cancer is nothing more then the last stage of the cell not dying.
Would love to become part of the 1%. Unfortunately because I am part? of the 99% I don’t have the capital to accumulate physical
i have been watching ur vid. thank you. keep the language simple so that lil people less? smart like us in developing countries can follow. i guess our theme song would be ‘saving our butts’ not so much on ‘gain’. well Mr. Garcia, stay focus, stay pure, keep encouraging,
love the? show, keep it coming…
It costs 7 cents to make a $1.00 really only? worth 2 cents. The coin will cost more to make still than its true intrinsic value.
Mr. Garcia, thank you for this update, great information. I love your company’s mission, so we’ll keep on following your? updates and will look forward for Mike’s exit strategy. Thanks!
@jesuswinsalways1 … But during great wars, supply of everything generally lowers, and people will prioritize much more vital things before? gold and silver. In that case you could see prices and demand fall amongst common people, as they are more interested in trading “usable” natural resources. Although silver could be such a resource in a high tech age – gold not so much. It might be a chance to accumulate gold… But it’s such a hypothetical though. Such great wars are impossible to predict.
@jesuswinsalways1 If a world war? were to break out, you can bet your a** Europe will be smack in the middle of it. If the euro falls, the EU might break apart, and when that happens, war might be right around the corner. Keep a watchful eye over Europe to see if this will be the future. Gold and silver prices could go either way. Demand for real money in world war black market trades and for securing post-war riches is substantial. Gold and silver was highly sought after during WW2. … But…
@GrahamStirlingWard?
Hi Graham Why wouldn’t you use Gold/Silver because you’re based in the UK?? I’m UK based and am planning to buy though them. Any response would be appreciated
Cheers
Hi Christian, an important question:
If hypothetically? WW3 breaks out what will happen to GOLD and SILVER prices? Celente predicts war. What will this mean?
I mean this is a valid and not a crank question.
Thankyou sir for your videos.
Canada has? been using dollar coins since 1990.
@ih8regs Oop, I? mean to say the neighbor’s bank doing the same.
I was skeptical? about this update, but have done a nice job!
@shailston2 I couldn’t wait to pay off my mother’s house, Chase started to insist she didn’t have flood insurance, correct them every year, certified mail, in person, the local insurance agent telling them, they’d always come back claiming otherwise, threatening this and that, the last time signing her up for a high cost plan of their own on top of? what she already had. Too close to paying it off to risk them using a pretext to steal the house. Neighbor’s ins. co. doing the same, a racket.
Mr. Garcia, do you think this bull market for gold and silver will have the same endurance as the last run from 1968 to 1980? ? Additionally, the NASDAQ bull market from 1988 until 2000 was also 12 years long. We are currently in the 10th year of the current precious metals secular bull market, meaning we may have two years to go until the peak. However there are many macroeconomic indicators that are vastly different, for instance the national debt to GDP ratio.
@GoldMikeMaloney I’m also in the UK. I’m accumulating, but I can only purchase in modest amounts. Your minimum order for overseas purchases is prohibitively high for me. I’m starting to feel like Joe Sixpack. It’s? not a good feeling. Is there any chance you can reduce this limit in the near future, so that I may be a GoldSilver customer? Thanks to Turk, Sprott et al, I’d already started accumulating precious metals, but it was Mike Maloney who truly made me understand why I was doing it. Kudos!
Awesome info, BTW you are starting to sound more natural, it makes the? videos easier to watch. One point of input, if you drop saying ladies and gentlemen, your presentations will be perfect.
Audio too? low !
Any predictions out there from anyone about when we may see? silver up in the 85$ to 100$ range? I’ve made up my mind that when we get to that point, I’m cashing out some of my investment to pay off my house. I’ll still have quite a bit left over for when gold and silver really explode…but man I am so antsy to get this stupid mortgage out of my life.