Why is Gold a better metal to hold during a crisis?

by The Pro Trader on August 28, 2011


Whу іѕ Gold a surpass metal tο hold during a crisis?

{ 25 comments… read them below or add one }

shadowkk12345 August 28, 2011 at 3:02 pm

@maqsad1 lol they can take whatever they want when they want bud just keep that in mind.

shadowkk12345 August 28, 2011 at 3:36 pm

So Raw you think i should sell all my silver?

maqsad1 August 28, 2011 at 3:46 pm

The really interesting thing about gold is that it’s the only precious metal and indeed the only physical asset the that feds can confiscate from you legally in a time of emergency that they decree is an emergency period. They cannot do that with silver, platinum, diamonds or anything else. Just with gold.

pocavedon1 August 28, 2011 at 4:44 pm

500 million ounces for industrial demand in 2010 is right, but i don’t think that includes jewelry, photography, silverware, investment, and other demands. thats according to the silver institute website, but who knows they could be wrong.

rickmalone270 August 28, 2011 at 4:56 pm

Silver may not be money now but it will be whether the government says it is or not. When the dollar tanks or when people realize that paper is worthless, what will they use as a means of exchange? Gold? You better have very small gold denominations, like 1/100ths of an ounce. Silver would be the much more practical means of exchange.

X1REME August 28, 2011 at 5:13 pm

Dude, no offence, but you, yourself used to say “silver is in short” and everything else you just said that others say or said, you said yourself…. Oh, the hypocrisy. LOL

Now only if you hadn’t deleted your other videos, funny guy ;)

X1REME August 28, 2011 at 5:28 pm

GOLD, résistance is futile!

glstexas August 28, 2011 at 6:14 pm

Could any SAE have been melted? I mean it is legal currency after all and the last time I checked that was against the law. So, if any SAE’s were melted down – then somebody broke the law. I agree with you. Silver may still be overbought even after the decline. Personally, I hope it goes back to 5 an ounce. The ratio between gold and silver was actually established by the US Congress and ended under Nixon.

YTKilledRawdog August 28, 2011 at 7:11 pm

@modelmark exactly

modelmark August 28, 2011 at 7:27 pm

the reasoning that something should be 10 times as cheap because it is produced 10 times as much is flawed. Yttrium is hardly produced, so it should be super expensive. You have to take demand into consideration, without demand something is worthless.

smasila August 28, 2011 at 7:42 pm

When gold sky rockets, majority of the population will have to go to silver. Thus silver will out perform gold. Even today, silver is kicking golds ass.

SilverCitySlicker500 August 28, 2011 at 8:38 pm

@cetnik03 It’s going to happen, aint no way Gold reaches $3000 with a 40/1 ratio! The world (other metal exchanges) will not let it happen this way. Think about it you can’t manipulate Silver with other exchanges that don’t comply. Keep stackin Silver all the way.

Stay Smart, Slick and Keep Stackin!

SilverCitySlicker500 August 28, 2011 at 8:58 pm

@Romulan112 I would not, but that’s me. I don’ think people holding Rhodium would either. Silver is used for Medicines as well as industrial, and I think with countries moving away from nucleur and oil over the next 10 years should tell you they have to use something or inconjuction with something to supply not personal needs, but NATIONAL needs, and that something is SILVER! Solar, Medicines etc will be essential, and America will have to adapt and silver will be the metal that want to hoard!

RockingMrE August 28, 2011 at 9:23 pm

I’m pro gold over silver too. You don’t pay VAT on gold either and it’s a more stable investment compared to silver.

cetnik03 August 28, 2011 at 10:12 pm

@SilverCitySlicker500 well if that were to happen and its $150 an oz, my 10 k invested would equal 50,000!
right now now i have made only 3 k in profit. im planing to invest another 5 k with next 5 months, but cant afford more.

Romulan112 August 28, 2011 at 10:48 pm

I plan on selling/trading none of my silver reserves for gold. NONE , not now nor in the future no matter what ratio . Also, plan on selling my gold to pay off my ‘deficit’. :)

Romulan112 August 28, 2011 at 11:40 pm

@SilverCitySlicker500 Thanks for the messages U wrote above, all parts. I like your way of thinking. So, in your opinion, should i trade my silver for gold in the future or not?

cassanoa August 28, 2011 at 11:44 pm

thats my plan ,i have gold and silver ,i wait till silver makes me nice profit then i trade in most for gold and i keep some as spoils of war

leo00o83 August 29, 2011 at 12:27 am

Rawdog, can you please post some research links that back up your figures?
thanks

SilverCitySlicker500 August 29, 2011 at 1:04 am

Part 4

You don’t have to be a day trader, just awake to see that the old is going and the new is coming, and the problem is us Americans are shortsighted and narrow minded but that’s another argument for another day. Invest in Silver, maybe Solar and do your research because this is where the world is going, Japan 11 million solar home target of 10 million roofs by 2030, with Germany being the leaders of solar technology.

Think for yourselves, don’t let youtubers think for you!

Keep Stackin!

FocusFalcon August 29, 2011 at 1:13 am

The United States stopped producing the 90% silver coins you talk about in 1964.

SilverCitySlicker500 August 29, 2011 at 1:54 am

Part 3

So $3000 oz Gold at 40/1 to silver would not be the reality but if it were you come out ahead IF YOU BUY SILVER. I did the math and it’s clear, so let go 20/1 $150 oz SILVER, to $3000 gold what are the number now? Your $20,000 investment of 12.5 oz of gold will be worth $37,500, and my $20,000 invest of 508 oz of SILVER will be worth $76,200! I just spanked that ass! Keep listening to these guys if you want or just do the math & be like me, Staying Slick and Keep Stackin! Facts r Facts!

SilverCitySlicker500 August 29, 2011 at 2:37 am

Part 2

Rhodium will be the most valuable until it’s all gone. So let’s talk about numbers and ratios. If you had $20,000 to spend would you spend it on gold? You would be a damned fool if you did! You can choose to get 508 oz of SILVER, or 12.5 oz of Gold for that 20,000. The ratio is 40/1, so let’s say Gold goes up to $3000 oz, your 12.5 oz of gold will be worth $37,500. Let’s keep that 40/1 ratio, and SiLVER is now $75 oz, your 508 oz of SILVER will be worth $38,175!

SilverCitySlicker500 August 29, 2011 at 3:17 am

Part 1

You guys are very short-sighted and this is why you’ll lose in the end. Silver is the future Rhodium! No ifs, ands, or buts about it! Forget Ratios, that’s you guys trying to sound smart and the more I listen to you guys the more I realize how stupid you realy are. GERMANY, JAPAN, ITALY, FRANCE and BRAZIL are going solar and it takes SILVER to produce them. Rhodium has been spanking Gold’s ass for years now and it aint going to stop!

bammbamm12 August 29, 2011 at 4:14 am

Great move on Ron Paul’s part to tip off the public like that. Who else could have reached so many people so quickly and effectively? He made Bernanke look like his banker buddies were hiding or stashing gold and didn’t want the public to know their secret. Awesome.

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