Comments by "Joseph Jones" (@drip369) on "" video.

You can't print money, yes you can print fiance paper currency that doesn't fit the definition of money because it does not hold its value over a long period of time. Gold and silver store energy where paper currencies leak energy
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@johnkeller5163 well they aren't investments, they are both savings and insurance and gold has outperformed everything on the stock market decade after decade. Obviously an increase in the amount of gold circulating in a country is where the definition of inflation started but it's still a natural balancing form of money because anytime they are shipped overseas you get a deflation. Currencies that aren't bound to anything of value have no limits which is why most of these currencies have gone far below zero but nobody wants to point it out. Platinum never became money because around the time it was discovered it was extremely hard to melt and it is still extremely hard to work with the gold and silver have always been money and they still hold their value, even if one holds it better than the other because of Highly manipulated highly unallocated paper markets. If you think gold and silver are investments then you definitely don't know that much about the financial realm because your house and your car are not assets, they are liabilities, unless you have a business vehicle or a property that brings you income through rent, because those would be considered assets.
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@johnkeller5163 well there's your issue, gold and silver are not investments, they are both savings and insurance tools. You must be one of those people that think owning a house and a car gives you assets when they are technically liabilities, unless your vehicle is a business vehicle and your housing property brings you an income with rent. Gold also has outperformed everything in the stock markets decade after decade and they will continue to hold value in the form of money that they are. Yes having an increased amount of gold circulating will decrease the purchasing power but they are natural equilibrium tools because when you store or XSport the metals, you get a natural deflation and of course when you circulate more and import more you get a natural inflation. You have so much to learn still but when the government decide they can't afford to burn any more coal because it's bad for the environment to give you enough electricity to charge your phone or even to have the internet running in the household, you will be left with nothing and that's what they want. Good thing they can't track gold and silver just like they can't print gold or silver. Even if they can afford to continue to burn coal for electricity, they might choose not to again because of the environment and people will just have to learn to go without which means your credit cards don't work which means your cryptos don't work and the country that doesn't have cash, everybody is subject to being a slave to the government just so they can eat
1
@johnkeller5163 well there's your issue, gold and silver are not investments, they are both savings and insurance tools. You must be one of those people that think owning a house and a car gives you assets when they are technically liabilities, unless your vehicle is a business vehicle and your housing property brings you an income with rent. Gold also has outperformed everything in the stock markets decade after decade and they will continue to hold value in the form of money that they are. Yes having an increased amount of gold circulating will decrease the purchasing power but they are natural equilibrium tools because when you store or XSport the metals, you get a natural deflation and of course when you circulate more and import more you get a natural inflation. You have so much to learn still but when the government decide they can't afford to burn any more coal because it's bad for the environment to give you enough electricity to charge your phone or even to have the internet running in the household, you will be left with nothing and that's what they want. Good thing they can't track gold and silver just like they can't print gold or silver. Even if they can afford to continue to burn coal for electricity, they might choose not to again because of the environment and people will just have to learn to go without which means your credit cards don't work which means your cryptos don't work and the country that doesn't have cash, everybody is subject to being a slave to the government just so they can eat Good thing I know how to copy and paste, let's see if YouTube will post my comment because third try might be the charm
1
Well there's your issue, gold and silver are not investments, they are both savings and insurance tools. You must be one of those people that think owning a house and a car gives you assets when they are technically liabilities, unless your vehicle is a business vehicle and your housing property brings you an income with rent. Gold also has outperformed everything in the stock markets decade after decade and they will continue to hold value in the form of money that they are. Yes having an increased amount of gold circulating will decrease the purchasing power but they are natural equilibrium tools because when you store or XSport the metals, you get a natural deflation and of course when you circulate more and import more you get a natural inflation. You have so much to learn still but when the government decide they can't afford to burn any more coal because it's bad for the environment to give you enough electricity to charge your phone or even to have the internet running in the household, you will be left with nothing and that's what they want. Good thing they can't track gold and silver just like they can't print gold or silver. Even if they can afford to continue to burn coal for electricity, they might choose not to again because of the environment and people will just have to learn to go without which means your credit cards don't work which means your cryptos don't work and the country that doesn't have cash, everybody is subject to being a slayve to the gov't just so they can eat
1