gold news

 well when I talk about anaphorium and on obtainium uh part of what I'm talking about in that chapter is that if you wait until the very end until you absolutely need these things that's when it becomes very very difficult to get and very very expensive to get we have a goldsilver.com we've got a very high rating as far as customer service goes and and uh all of those things delivery but whenever there's a rush our rating goes down why it's a business we've got we we've got a certain number of

employees and then suddenly the business increases tenfold during a crisis and we can't ramp up we can't we can't just instantly call in 10 times more employees to service everybody it's like you know you go to your supermarket and there's parking for a hundred cars what happens if one day a thousand cars all want to show up at the same time people get in the doors there's not enough shopping carts that is the situation and so uh you you can't say oh well you know just you know people used to uh ask me

when I thought this would happen when the crisis will happen and I would try to answer well you know it could be this long could be that long and this could trigger it and so on and then a business associate took me aside after a couple of years of watching this and said Mike you know what they're really asking you and I had no clue they're asking you when it will happen so that they can say well notify me and I will buy then until then I want to stay in the stock market and gamble in this area well you know even just 10

percent of a portfolio in Precious Metals first of all uh precious metals has outperformed the S P 500 and the Dow Jones since the year 2000 by about 300 percent it's been the best performing asset class of this century uh we have been in a mid-cycle correction since 2011 though that we haven't completely gotten out of yet so it depends on when you if you want to start measuring it from 2011 it's a it's been a poor Pro performing asset if you want to measure it from the bottom in

2015 or the bottom in 2001 it's an excellent performing asset but for this Century uh it has beaten the stock market it's beaten bonds and it's also with this performance like I have a a tube of 20 Gold Eagles where I paid 325 dollars each for these things and right now they're about two thousand dollars each and and so that was a great investment and it's something that I can actually hold in my hand that has no counterparty risk uh even if the internet went out went down if there was no power if we

had a um you know a uh EMP uh bomb uh the electromagnetic pulse bomb disrupts the internet and the power grid or uh a uh solar a mass coronal ejection coronal mass ejection or whatever you call it I can't remember uh that just wiped out the power grid gold and silver still work they're still there and uh and you can put them in your pocket and you can go across borders and things like that there is you're supposed to declare anything over ten thousand dollars of value uh including gold and silver however uh

Canadian maple leaves and uh and uh US Gold and Silver Eagles have a face value on them and Customs is supposed I can't guarantee it so I'm not saying that this is the way the that each government is going to look at it but I've got a letter from the determination from the government of Canada and then the one of the coinage acts uh says that these are supposed to be respected at face value and I do know instances where people have crossed a border with like four hundred thousand dollars but the face

value of those that was the the retail value of those coins but the face value added up to less than ten thousand because a U.S gold eagle says fifty dollars on it that's worth almost 2 000. these face values are just a bunch of crap they're not real some clerk just how much should we put on this one oh slap ten dollars on that one they make it up if you look at the the US dollar it's defined as uh as uh I think it's eight I can't remember the exact weight but it's about three quarters of an

ounce of silver but then they put put one dollar on the one ounce silver eagle so you've got uh one dollar that's one ounce and one dollar the old silver dollars that are about three quarters of an ounce I think it's point seven two ounces uh and this just goes there there is the U.S trade dollar which is an old silver dollar that's another weight of silver uh that was used in trade with China and I think we were trying to cheat China and so uh it just goes on and on with all of these idiotic things I'm on the

record for many times saying gold standards suck gold is great but a gold standard where you're using a Fiat National currency to represent a certain weight of gold just opens the door for this whole scam to start all over again but there's no reason that you couldn't price things in grams of gold or nanograms of gold or grams or or or yeah it'd be better to use grams grams of silver um and trade would work just fine and you would have this thing where you're trading something of value the amount of

work and effort and time and the Rarity of it equals the value of the thing that you're buying it's a fair honest trade not dishonest and deceptive when you when the bank imagines a million dollars into your account for that house that you're going to buy and you buy a house with a million dollars you're trading nothing for something of value and that is dishonest it's fraud it's theft thanks for watching but this is by no means the whole story if you want the full story including my free online only

chapters and companion videos there's a wealth of information at ggsr21.com thanks