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Views : 12,993
Genre: People & Blogs
Uploaded At Oct 4, 2023 ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 4.947 (12/898 LTDR)
98.68% of the users lieked the video!!
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User score: 98.02- Masterpiece Video
RYD date created : 2023-10-25T12:45:56.722994Z
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Top Comments of this video!! :3
This step has taught me a thing or two. I tend to panic a little bit, now. I don't run around. Screaming my head off and freaking out, but I do a lot of thinking. Resellers are not happy right now, they're not getting what they used to and they are giving away product at about 15 to 20% off. When gold was at 1930ish and silver at about 24, I sold a few things and I got pretty good money, way over spot. Here's an example, when gold was at $1930-1935 and you're selling a quarter ounce gold eagle for 650, people bought it. Now, You have called that 1820 which is about 110 to 120 dollars down. That same quarter eagle that you were getting 650 for is now only worth about 585. In short, people are afraid that gold is going to go down even further, below 1800 and into the 1700s. What people are forgetting is gold has intrinsic value, it's real money, God's money, a fantastic store of wealth, what's the difference between buying a quarter eagle at 650 when gold is at 1935 and buying that same quarter eagle at 585 with gold being at 1820? People are thinking too much about the numbers and not the important things that gold offers. Intrinsic value, inherent wealth, beauty, real money, God's money. People need to stop thinking about quibbling, people need to stop thinking about spot price, people should be thinking about what they are going to be able to barter and trade when the hammer comes down, that is my point. Spa price is irrelevant in a time of irreversible chaos, when the supermarkets are emptied out, when the pharmacies are out etc. I'm sorry to say that time is coming, refer back to Venezuela 2016. Venezuelans woke up and realized that their currency was worth nothing. People scrambled to find gold and silver so they can buy food and services or whatever they needed to survive. It happened overnight, The Venezuelan bolivar went valueless literally overnight and chaos ensued. You can bribe people with gold, you can buy or hire people for extra security, gold can literally save your life. You can't put a spot price on that!
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@homesteadaquarius
11 months ago
Great advice. That hold off period to build cash is important!
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