Random people don't even know what silver is. Go stand outside a college campus with free 5 dollar bills in one hand and an ounce of free silver in the other hand and watch how fast you run out of five dollar bills.
I started stacking because I wanted it as a hedge for inflation and "junk silver" to barter with. As I continued my stacking journey, I began to realize that bartering with metals was going to be difficult, if not impossible. Your video showed that. People need to understand metals; only 1% of the US population stacks. 99% probably have never seen, let alone, held a gold or silver coin. If a true SHTF scenario occurred, no one would accept my metals as payment for goods unless they happened to stack themselves. When stores reopen and potentially accept metals, is when the rest of the population will seek an understanding of their value. But in an initial collapse of government or society (Highly unlikely to occur), people will want goods and services to exchange with, not metals. Just my opinion. Truth is... no one knows. Better to prepare than not prepare at all.
Not only does the general public not know the value of silver and gold, they also don't know the value of the US$. They still think that it has the same value that it had years ago and it doesn't. Farmer's markets are more likely to be open to trading crops for silver. Flea Markets are filled with people who bought stuff on sale and want to sell it for more than they paid. It's a cash business and trading introduces another step that they aren't willing to take at this time. But they will learn when the US$ hyper-inflates or collapses that US$ has no real value and they will be needing something that does.
Knowledge is everything, it will definitely take time for others to come around but look at it this way you are still ahead of the game and imagine all the bargains that will be available to you if our lives aren’t in danger during these difficult times.
@@sailfly2869 Likely a lot more than they have, if fiat has any value whatever. Those of us who stack will be MILES ahead of the pack when they finally figure this out.
If it comes to trading 90% for groceries, a silver dime want buy much. If you can even find any groceries. Silver will be worthless. Brass, lead are probably a better stack.
@@11non-serviam11 I've stacked ammo for decades and did not ever have old ammo fail to fire. Some of it was WW-II vintage .30-06 ammo and it fired just fine. Only in the tropics would I have any concern about the age of my ammo stack. Even then one can rub a little paraffin on such ammo and store it for long periods of time.
Great episode. I expected the same result. The masses will have a huge learning curve, quickly, once the S does hit the fan. American exceptionalism at its worst. Other countries understand precious metals more
@@lorrainebell810 Hunger will be the best teacher and these people will be feeling that as their fiat debt paper is rejected for not having any value when compared to goods.
This is why cash is king for now, either way you still have to convert your PMs into a usable currency, BUT the neat thing about this is we are a very small elite group of people that when it does happen just look at your buying power.
I traded a Peace Dollar for a brick of 500 22LR Aguila ammo at a big gun show in 2017. They were asking $25. for the brick. I sold that brick at a flea market during the ammo crisis for about $50. Bought the Peace Dollar for around $15. I also traded 150 Peace Dollars for a nice restored Ford diesel 800 series tractor in October 2021 a guy was asking $7,000. for on FB Marketplace.
And he very quickly ran out of candy bars. lol But the scary part of this is that Dice often does his videos near coin shops, so someone *could* check what he's trying to give away to see if it is real and just how valuable it is. But, noooooo, they can't be bothered to do that.
What we should do is go together. You ask if they will take silver. When they say no. I standing near by, will trade your silver for paper and you can hand them their paper. Let’s educate them!
Not surprised. People don't know, what they don't know. Whether it's by choice or lack of knowledge. Most people walking around wouldn't even know if they had any silver in their pocket change. The tides will change and people will be receptive.
Wow! Good exercise! Agree, people just don't understand the situation we are in. Might as well been offering them Iraqi dinars. Maybe we should be handing out business cards with the debt clock internet address on them.
I'm not conservative except for gun issues and I would gladly trade for silver!! Also, you said most people dont know the true value of silver and gold. Agreed. Most people also dont know simple history of this country. For instance, if you asked them what was the turning point of the American Revolutionary war, most would not know (2nd Battle of Saratoga). Most would not know our government operated under the Articles of Confederation for 8 years, before the Constitution was adopted. I could go on but you get the point.
This puts to doubt on buying gold and silver for bartering purposes as for the reasons you stated. That is why preserving your wealth should be the reason to buy gold and silver.
My experience in using Silver for Barter is using it for perishable, expendable items and Services. My son got a haircut for 1 silver round, last year. A BBQ stand took Silver for a meal. A couple of Silver Morgans for a tank of gas, years ago. And so on.
Great idea for a video! Since you offered junk silver that looks like pocket change to most people, maybe try rounds next time? Rounds or ASEs might be more recognizable as silver with the .999 fine label. Also, you might show them the spot price. You might say something like “silver spot price is $27 an ounce, would you take 2 oz for these items?” For those businesses bartering goods for silver, I imagine they would the note profit made for taxes and then have silver at spot without paying a premium. Sounds like a great deal as long as the they have cash to run day-to-day needs.
Even in a currency collapse people will only see face value; the true value in metal weight and content is beyond most human comprehension. Stacking the clad shrapnel we commonly have for making change is just as important
Currency is a funny thing with people. There so use to calling it money that they have forgotten what money is and currency is. When we get deeper into geo-political dedollarization via BRICS, then gold and silver will parallel inflation in value. It's simply the only true form of ecenomic stability against inflation.
I heard the Amish down near Lancaster Pennsylvania will barter with silver. I have a outdoor flea market near me, hard to find anybody selling it. I should try what you did.
Hi, this was a very good and interesting video; you were articulate and this was well presented. Like you, I was very surprised at the lack of interest in trading for silver, I didn't expect to see that..."No, I don't do coins." I just subscribed and look forward to your videos. Thanks for making this video!
@@SilverSergeant So the premium is 56 cents per face value. Based on recent history that's a steal in my book. 27.19 x .715 = 19.44 melt value. I'm gonna bust you down to copper corporal.
You are a little bit early to the party .Most won't wake up till silver starts having 2 dollar and 3 dollar days and Gold having 150 dollar and 200 dollar days . To many still have to much confidence in the system .Inflation is certainly creeping up and eating up middle class savings . I have always said i don't care how big the barrel is there is still a bottom to it and when your out your out .They got to stop printing .
You are so right. Much of the public at large is ignorant concerning real money. But that situation is going to change overnight. I predict there will be a "panic to own" at a point in time in the near future. We are just waiting for the right event to trigger this happening.
Always have said" If it folds, it's sold" I sell ASEs and junk 90% at a small flee market. For fiat currency. People want cash. Stackers are a small percentage of the people.
That’s kind of what I expected. I think if the monetary system failed then the sheep would be switched over to a CBDC within a day. I reckon it is already planned and running in parallel. The difference is the stackers would have the advantage of having resources outside the system, which wouldn’t be an option for the sheep once the switch is flipped. Plus we’ll benefit from any revaluation if the new monetary system is metals backed.
People have been dumbed down they don't understand the difference between real money and fiat currencie gold and silver have been real money for 6000 years
Hi from Canada. As a farmer, I'd take either metals if someone wanted to do a fair exchange vs the Cdn $$ which looses power faster and faster. However, as a single income family of 6, I have to use the legal tender "money" that we all work with to get groceries/bills so I'm never able to get the beautiful metals.
There is another point you are missing. Even if a person knows the value of an ounce of silver, he probably has no idea how to verify the purity of coins or bars being offered. Most people will be suspicious if offered a counterfeit $20 bill but will have no clue about verifying gold and silver coins. If you ask around at the flea market, you may find 1% know what a touchstone is. Then, how many of that 1% could explain how to use one? If paper currency collapses, people will only be willing to trade with "stuff" they know the value of at first. Food, fuel, medicine, clothing, etc... It will take some time for people to learn the value of, and how to verify precious metals.
I have a friend who made good money in the market. Now all he sees is the market going up. Rich on paper while having minimal cash. Been trying to explain to him that the increased pricing he is seeing is not due to a value increase but as an indicator of a devaluing dollar. He only scoffs. When I mentioned diversifying into physical metals, his reply was that silver was worthless. His wake up call will be the morning the market crashes and he realizes he is dead broke and a loaf of bread costs $50. Got my silver stacked and rolled the dice on XRP & XLM. Once BRICS goes to the public blockchain, these coins will moon and this old man with be fleeing the country of his birth and never looking back.
@@RobertLee-wi5kc I'm looking at a far worse deflationary depression where there's plenty of money but it's worthless. That didn't happen in 2008, and although it happened in 1929, the government took control and artificially suppressed metal values. They will not have that power now that the globe has broken away from the dollar. Our corrupt government's only weapon was oil but those cartels are being broken. No one in this country would even consider surrendering their bullion again. I doubt a soul would willingly enlist to go die for Joe Biden's provoked wars; even if drafted. Our government is bankrupt, insolvent and will soon collapse under it's own criminality. Their fiat money will be worthless and metals will be king until we re-enact an asset backed currency. I'm even willing to bet that we will soon see the US become economically isolated from the globe. It won't take long after that to see necessities prices soar overnight and for the price of most everything else plummet when people try to liquidate all they have just to find dinner. Really look into what happened in Venezuela. When things finally bottomed out, you could buy a small house for a single oz of gold
@@danielbbq Tried. He just keep saying that the dollar will NEVER collapse because we have the biggest guns. No lie. He even said that he might buy XRP when it reaches .80 cents. I said that sounds like you want to buy a new TV but want to wait until the sale is over. I gave up. This reset won't be for everyone.
We aren’t atheist point where people have lost all confidence in fiat money - when that changes and it will - I suspect the results would be very different
That was a smart move to go to the flea market to illustrate your points of view. You would think that a flea market would be predisposed to barter. Certainly every vendor has that discretion. Though with the age of 24/7 news, things could take a sharp turn almost overnight. Just ponder escalating printing of fiat dollars, bank failures, wars, inflation, etc. Though the big deal would be credit seizing up or freezing. Then the only thing does vendors at the flea market would take would be silver, bullets, even food or services as a barter.
This doesn't surprise me. Most people right now only want USD. Once it hyperinflates, they won't even want it then. Cash is what it takes to do business.
Yeah I would expect people to reject barter of any kind it. Although most people don’t see gold and silver as money, I would definitely take it. I think fiat has been the norm for so long that generations have not passed down the knowledge of gold and silver as the true form of value. They sure have been thoughtful enough to pass along hate and prejudice however.😳
Water, food, projectiles and metals are my investments. People tell me im crazy for not putting my money in the stock market. Rule number one of investing…if you cant touch it, you don’t own it.
Credibility is everything! I use a xrf spectrometer to analyze precious metals or any metals for that matter. And in a pinch JSP works great. And finally, I never pay anywhere near spot, my refined cost is well below spot.
If someone approached me 18 months ago to trade with silver or gold i wouldtnt of had a clue its all about been in the know and a lot of people dont yet
That was me telling people to buy bitcoin 10 years ago. Not only did no one know what it was, even after I told them they didn't want it. Now they all do.
Here's the thing, While people are still ignorant of real money... it takes people like this guy to go out and seed silver in their minds as a secondary medium of exchange. Otherwise if we just sit back and hush up about money there will not be that second medium of exchange...
If there is a major collapse or shtf scenario, bardering with gold and silver will not work until the rebuild starts, we will be trading products like food water supplies ammo and silver will be last on that list. Just something to think about but when the rebuild starts then the new currency will be silver and gold and at that point it will dominate.
To anyone who doesn't own any G or S after a dollar collapse, I would say: "The good Lord tells me he thinks he can get me out of this mess. But he's pretty sure you're f**ked." (Paraphrased quote from the Irishman in Braveheart.)
All forms of paper as values will be devalued in the ecenomic reset gold and silver will have a cycle also. Every ecenomic and political crisis in America has had a gold silver cycle also.
I'm not sure what your camera chest rig looked like, but it apparently was noticeable. I have a feeling this may be putting people off. When they see you are recording them, they are reluctant to agree to anything unusual, like bartering for metal. They might think you're some sort of government agent.
Excellent video, I’ve never tried it because I’ve never wanted to get rid of it 😂 but in SHTF times I’m afraid money won’t be the immediate trade. Food, toilet paper, and clear alcohol, I.e. vodka and gin will be the immediate currency. However, people will quickly realize true value in metals when they learn they will need it when debt collectors come knocking Great Job 👍🏻🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
I needed some extra cash once at a flea market and had silver to offload. The first person I approached was an older guy in his 60`s and he happily purchased some eagles off me at the going rate of the LCS. It all depends on who you`re dealing with and a person`s needs and desires. Maintain relationships with the locals in your town.
expected result of the experiment. There are very few collectors of silver and gold, within 2%. and second, What will the sellers of goods do with silver?
The way I see it, they are foolish for not educating themselves. I bet they would have made an extra 5 bucks or so worth of silver on top of the barter with you in the trade. For example, the guy with the mags, I bet you would have given him a one oz round in comparison for one mag. However, they are firm on their stance because they are worried about losing money in a trade and being deceived somehow. It's wild how many people don't know the current value of precious metals! They just know it's "valuable" and get excited when the news tells them it's hit a new high 😂!
Awesome video it does also go to show that if there were a collapse how many people are unprepared to take Silver more than likely because they are unable to guarantee it’s real or not or what the value of it is compared to the Services are good that they’ve got to Offer
Go to a country where the currency collapsed like Venezeula and you will find them using gold and silver for street food, hotels, fuel etc. As soon as the USD collapses people will figure it out real quick.
When it all goes down…these person will remember being offered the equivalent of over $1000 for a pair of boots. This video makes me feel good about my stacking over the last 15 years.
Looks like we are way early. But we already know this. It's just a matter of time. Inevitable. And still cheap enough to not think twice about buying more.
Personally, I'd accept pretty much any metal on the periodic table. Plus I know value when I see it 😁 Yes, I would accept hundreds of pounds of copper! lol
Hate to say but 🐈 is prob gonna be the most widely acceptable commodity for trade for many people in the crash. An unlimited “treasure” trove. I wish I had one 😢 the WORLDS oldest bartering tool. I hope some of you guys are stocking food tho so the rest of em can use their G&S. The best stacking one can do is food, later traded for everyone’s G&S later. The DCA would be phenomenal. Lotta risk/ gamble BUT if it goes down you’ll spend a gold gram on a box of spaghetti and a jar of meat sauce to feed your fam. That’s $5/ gram 😮 get you some of that! 💪🏻😎👍🏻
I think when the dollar completely collapses people will be much more open to metals as real money. Venezuela is a good example about what happens in a currency collapse.
Both work! Heck I love the idea of a sailboat and British Columbia! Lots of game up there. And 1300 miles of nothing. Perfect! Did you say bow hunt and deer or elk jerky! Yummy!
What do you guys think? Surprised by the results?
Has anyone recognized you from your channel & your business?
Ammo is KING OF TRADE
@@chrismartinez8393I believe there is more to it than just ammo, think smart and have all the essentials.
@@chrismartinez8393 12 gauge shells will be accepted
Give it a few more months, then they will eagerly accept junk silver dimes and quarters.
Random people don't even know what silver is. Go stand outside a college campus with free 5 dollar bills in one hand and an ounce of free silver in the other hand and watch how fast you run out of five dollar bills.
lol!!
"Siri, how much is a shiny metal coin worth?"
Siri: I think you mean a quarter! They are worth 25 cents.
I started stacking because I wanted it as a hedge for inflation and "junk silver" to barter with. As I continued my stacking journey, I began to realize that bartering with metals was going to be difficult, if not impossible. Your video showed that. People need to understand metals; only 1% of the US population stacks. 99% probably have never seen, let alone, held a gold or silver coin. If a true SHTF scenario occurred, no one would accept my metals as payment for goods unless they happened to stack themselves. When stores reopen and potentially accept metals, is when the rest of the population will seek an understanding of their value. But in an initial collapse of government or society (Highly unlikely to occur), people will want goods and services to exchange with, not metals. Just my opinion. Truth is... no one knows. Better to prepare than not prepare at all.
This is my experience. I have had much more success trading in Goldbacks. I've done 120+ trades in goldbacks and 3 in silver in the last 13/m.
the country not hurting enough to barter....
I think you just nailed it.
Great experiment! Appreciate the time, effort, and money you put into this. Thanks.
Not only does the general public not know the value of silver and gold, they also don't know the value of the US$. They still think that it has the same value that it had years ago and it doesn't.
Farmer's markets are more likely to be open to trading crops for silver. Flea Markets are filled with people who bought stuff on sale and want to sell it for more than they paid. It's a cash
business and trading introduces another step that they aren't willing to take at this time. But they will learn when the US$ hyper-inflates or collapses that US$ has no real value and they
will be needing something that does.
Thanks. Seeing this just reminds me why I keep buying and stacking precious metals. Great stuff. 👍
You and me both!
Kinda what I expected. People don't know silver is Money. Keep it up.
They’re fools for turning down good silver as a barter.
In hyperinflation they’d quickly change their minds.
@@ordinaryman1904 Yep and they you could tell them give me 10 of those magazines if you want this silver to buy bread/water this isn't a charity.
Knowledge is everything, it will definitely take time for others to come around but look at it this way you are still ahead of the game and imagine all the bargains that will be available to you if our lives aren’t in danger during these difficult times.
@@ordinaryman1904 it maybe to late for many, think about how much fiat money it will take to acquire PMs if this ever happens.
@@sailfly2869 Likely a lot more than they have, if fiat has any value whatever. Those of us who stack will be MILES ahead of the pack when they finally figure this out.
Thank you for being feet on the ground on this. ...Priceless Insight Shared!
Glad you enjoyed it!
Very cool experiment nice idea and job. Thanku
Not surprised. Most people don't have a clue.
Yep
And not just about pm's
@@des_smith7658 Unfortunately true!!! Dumbed down and brainwashed.
@@MD-hd1cp this is what the internet has done, who can you believe.
I think the Federal Government would be in trouble because States are way ahead making it legal tender. 😊
People are not ready for the truth or have made options for what is coming.
The sheeple have been dumbed down and brainwashed.
That is exactly what I expected. Always questioned who would be willing to trade 90% silver for food or other goods.
If it comes to trading 90% for groceries, a silver dime want buy much. If you can even find any groceries. Silver will be worthless. Brass, lead are probably a better stack.
@@BillGuyHawaii I disagree 100%. Brass and lead are not storable.
@@BillGuyHawaii Have been stocking those plus other necessary components for over a decade.
@@SilverSergeant YES they are.
@@11non-serviam11 I've stacked ammo for decades and did not ever have old ammo fail to fire. Some of it was WW-II vintage .30-06 ammo and it fired just fine. Only
in the tropics would I have any concern about the age of my ammo stack. Even then one can rub a little paraffin on such ammo and store it for long periods of time.
Great episode. I expected the same result. The masses will have a huge learning curve, quickly, once the S does hit the fan. American exceptionalism at its worst. Other countries understand precious metals more
I am sure if I tried the same experiment here in Australia, I would get the same result.
@@lorrainebell810 Hunger will be the best teacher and these people will be feeling that
as their fiat debt paper is rejected for not having any value when compared to goods.
This is why cash is king for now, either way you still have to convert your PMs into a usable currency, BUT the neat thing about this is we are a very small elite group of people that when it does happen just look at your buying power.
Unless they have metal tester.......they might think metal is fake....it's a thought
I agree with this. Need a verification protocol to avoid fakes.
Fake 90% silver coins? Very unlikely.
@@SilverSergeant Roosevelt dimes have been faked.
trust is a very important factor....
I traded a Peace Dollar for a brick of 500 22LR Aguila ammo at a big gun show in 2017. They were asking $25. for the brick. I sold that brick at a flea market during the ammo crisis for about $50. Bought the Peace Dollar for around $15. I also traded 150 Peace Dollars for a nice restored Ford diesel 800 series tractor in October 2021 a guy was asking $7,000. for on FB Marketplace.
"Would you rather have a Hershey bar or a one kilo silver bar?" Mark Dice
And he very quickly ran out of candy bars. lol But the scary part of this is that Dice often does his videos near coin shops, so someone
*could* check what he's trying to give away to see if it is real and just how valuable it is. But, noooooo, they can't be bothered to do that.
@@edb3877 Hilarious videos have you seen TraxNYC trying to hand out gold bars in NYC people just have no clue or just don't care.
I've always thought 95% of the masses are clueless to the metals. Not really surprised at your results.
What we should do is go together. You ask if they will take silver. When they say no. I standing near by, will trade your silver for paper and you can hand them their paper. Let’s educate them!
I’m a manufacturer and I would trade in metal 💯👍🏻
Wait till things start to unravel, they’ll be looking for you.
Not surprised. People don't know, what they don't know. Whether it's by choice or lack of knowledge. Most people walking around wouldn't even know if they had any silver in their pocket change. The tides will change and people will be receptive.
Great video! Keep it coming!
Thanks! Will do!
dont be discouraged .....HOLD!
Wow! Good exercise! Agree, people just don't understand the situation we are in. Might as well been offering them Iraqi dinars. Maybe we should be handing out business cards with the debt clock internet address on them.
I’d take silver in a heartbeat over paper!
I'm not conservative except for gun issues and I would gladly trade for silver!!
Also, you said most people dont know the true value of silver and gold. Agreed. Most people also dont know simple history of this country. For instance, if you asked them what was the turning point of the American Revolutionary war, most would not know (2nd Battle of Saratoga).
Most would not know our government operated under the Articles of Confederation for 8 years, before the Constitution was adopted. I could go on but you get the point.
This puts to doubt on buying gold and silver for bartering purposes as for the reasons you stated. That is why preserving your wealth should be the reason to buy gold and silver.
Bartering will be rare until a fiat collapse.
People in Argentina or Venezuela would not have wanted silver either, before their currency went to crap.
Heh, it was already crap, they just didn't know it yet.
Thanks for your update about the reliability! People don’t know. I just lucky had education about real $ last 2 yrs.
Right on
Interesting video! Thank you.
Thank you too!
My experience in using Silver for Barter is using it for perishable, expendable items and Services. My son got a haircut for 1 silver round, last year. A BBQ stand took Silver for a meal. A couple of Silver Morgans for a tank of gas, years ago. And so on.
Great idea for a video! Since you offered junk silver that looks like pocket change to most people, maybe try rounds next time? Rounds or ASEs might be more recognizable as silver with the .999 fine label. Also, you might show them the spot price. You might say something like “silver spot price is $27 an ounce, would you take 2 oz for these items?”
For those businesses bartering goods for silver, I imagine they would the note profit made for taxes and then have silver at spot without paying a premium. Sounds like a great deal as long as the they have cash to run day-to-day needs.
Even in a currency collapse people will only see face value; the true value in metal weight and content is beyond most human comprehension. Stacking the clad shrapnel we commonly have for making change is just as important
So I guess you have what I do, old large coffee cans full of clad dimes, nickels and quarters.
Currency is a funny thing with people. There so use to calling it money that they have forgotten what money is and currency is. When we get deeper into geo-political dedollarization via BRICS, then gold and silver will parallel inflation in value. It's simply the only true form of ecenomic stability against inflation.
Cool vid thanks. Would appreciate if you can do more of this. Ask if they will trade for gold.
That’s the next idea
Correct: Most are clueless re the value of silver (in particular). Hence, bartering is a tough sell! Regrettable.
I heard the Amish down near Lancaster Pennsylvania will barter with silver. I have a outdoor flea market near me, hard to find anybody selling it. I should try what you did.
Lets you just know how much the Amish know they're not dummies
Hi, this was a very good and interesting video; you were articulate and this was well presented. Like you, I was very surprised at the lack of interest in trading for silver, I didn't expect to see that..."No, I don't do coins." I just subscribed and look forward to your videos. Thanks for making this video!
Glad you enjoyed it!
I'm not too surprised, but it was an interesting experiment. It all depends on running into the right type of person I guess. Thanks for the video.
Junk silver is an absolute steal right now, barely selling over spot.
Point me to it.......20 times face value is well over spot.
@@SilverSergeant So the premium is 56 cents per face value. Based on recent history that's a steal in my book. 27.19 x .715 = 19.44 melt value. I'm gonna bust you down to copper corporal.
You are a little bit early to the party .Most won't wake up till silver starts having 2 dollar and 3 dollar days and Gold having 150 dollar and 200 dollar days . To many still have to much confidence in the system .Inflation is certainly creeping up and eating up middle class savings . I have always said i don't care how big the barrel is there is still a bottom to it and when your out your out .They got to stop printing .
You are so right. Much of the public at large is ignorant concerning real money. But that situation is going to change overnight. I predict there will be a "panic to own" at a point in time in the near future. We are just waiting for the right event to trigger this happening.
Agreed!
Always have said" If it folds, it's sold" I sell ASEs and junk 90% at a small flee market. For fiat currency. People want cash. Stackers are a small percentage of the people.
This was a great idea- looks like a flea market I frequent. Which flea market was it?
Litchfield
That’s kind of what I expected. I think if the monetary system failed then the sheep would be switched over to a CBDC within a day. I reckon it is already planned and running in parallel. The difference is the stackers would have the advantage of having resources outside the system, which wouldn’t be an option for the sheep once the switch is flipped. Plus we’ll benefit from any revaluation if the new monetary system is metals backed.
Ah sounds like you've been busy doing you homework,💯👍🇺🇲🤔🤣
My plan is to trade a % of my silver for a sailboat and head into British Columbia and or the Gelapicos islands. Either way, lots of game!
Try the same experiment at a farmer’s market where people are growing local produce. It would be interesting to see if it is the same outcome.
I don't do farmers markets but I have a beef farm. I would take gold and silver as long as it could be verified to be real. Lots of fakes out there.
People have been dumbed down they don't understand the difference between real money and fiat currencie gold and silver have been real money for 6000 years
⭐ Most people are fooIs...
90 some percent don't have a clue to whats going on with geo-political matters let alone fiat currency matters and BRICS!
Hi from Canada.
As a farmer, I'd take either metals if someone wanted to do a fair exchange vs the Cdn $$ which looses power faster and faster.
However, as a single income family of 6, I have to use the legal tender "money" that we all work with to get groceries/bills so I'm never able to get the beautiful metals.
There is another point you are missing. Even if a person knows the value of an ounce of silver, he probably has no idea how to verify the purity of coins or bars being offered. Most people will be suspicious if offered a counterfeit $20 bill but will have no clue about verifying gold and silver coins. If you ask around at the flea market, you may find 1% know what a touchstone is. Then, how many of that 1% could explain how to use one?
If paper currency collapses, people will only be willing to trade with "stuff" they know the value of at first. Food, fuel, medicine, clothing, etc... It will take some time for people to learn the value of, and how to verify precious metals.
Good points made esp with the Touchstone. As far as purity that`s where constitutional coins would come in handy.
this is great thank you
Glad you like it!
I have a friend who made good money in the market. Now all he sees is the market going up. Rich on paper while having minimal cash. Been trying to explain to him that the increased pricing he is seeing is not due to a value increase but as an indicator of a devaluing dollar. He only scoffs. When I mentioned diversifying into physical metals, his reply was that silver was worthless. His wake up call will be the morning the market crashes and he realizes he is dead broke and a loaf of bread costs $50.
Got my silver stacked and rolled the dice on XRP & XLM. Once BRICS goes to the public blockchain, these coins will moon and this old man with be fleeing the country of his birth and never looking back.
You may wish to look back at history. In 2008 stock market crashed but metals went down as well, not as bad but down non the less.
@@RobertLee-wi5kc I'm looking at a far worse deflationary depression where there's plenty of money but it's worthless. That didn't happen in 2008, and although it happened in 1929, the government took control and artificially suppressed metal values. They will not have that power now that the globe has broken away from the dollar. Our corrupt government's only weapon was oil but those cartels are being broken. No one in this country would even consider surrendering their bullion again. I doubt a soul would willingly enlist to go die for Joe Biden's provoked wars; even if drafted. Our government is bankrupt, insolvent and will soon collapse under it's own criminality.
Their fiat money will be worthless and metals will be king until we re-enact an asset backed currency. I'm even willing to bet that we will soon see the US become economically isolated from the globe. It won't take long after that to see necessities prices soar overnight and for the price of most everything else plummet when people try to liquidate all they have just to find dinner. Really look into what happened in Venezuela. When things finally bottomed out, you could buy a small house for a single oz of gold
Share some history with him. Weimar Germany the market melted up as things crashed. We're doing the same.
@@danielbbq Tried. He just keep saying that the dollar will NEVER collapse because we have the biggest guns. No lie. He even said that he might buy XRP when it reaches .80 cents. I said that sounds like you want to buy a new TV but want to wait until the sale is over.
I gave up. This reset won't be for everyone.
@ewetoo...
Good plan
We aren’t atheist point where people have lost all confidence in fiat money - when that changes and it will - I suspect the results would be very different
Good vid...thanks...
Excellent video. We are way ahead of the masses. Interesting times are upon us.
That was a smart move to go to the flea market to illustrate your points of view. You would think that a flea market would be predisposed to barter. Certainly every vendor has that discretion. Though with the age of 24/7 news, things could take a sharp turn almost overnight. Just ponder escalating printing of fiat dollars, bank failures, wars, inflation, etc. Though the big deal would be credit seizing up or freezing. Then the only thing does vendors at the flea market would take would be silver, bullets, even food or services as a barter.
This doesn't surprise me. Most people right now only want USD. Once it hyperinflates, they won't even want it then. Cash is what it takes to do business.
Yeah I would expect people to reject barter of any kind it. Although most people don’t see gold and silver as money, I would definitely take it. I think fiat has been the norm for so long that generations have not passed down the knowledge of gold and silver as the true form of value.
They sure have been thoughtful enough to pass along hate and prejudice however.😳
What you've said is true! There will be millions of people in trouble sometime in the near future!
What a great experiment.😊
Thank you 🤗
Great video presentation thank you
Glad it was helpful!
what About Gold Bro Did you Try That too; Say Grams or some such ?
Were Got a Butcher up the Road that will Take silver , But he Knows its Value
Most people don't know about silver but when they do watch the price explode.
Good episode, through I wasn't surprised with the reactions you received, which is a shame
Water, food, projectiles and metals are my investments. People tell me im crazy for not putting my money in the stock market. Rule number one of investing…if you cant touch it, you don’t own it.
There's always the suspicion that the silver could be fake.
I brought my sigma with me
Only a stacker would even think that. That would never cross 95% of non-stackers minds.
@@11non-serviam11 I got burned once buying fake silver. The second time, my magnet saved me.
Credibility is everything! I use a xrf spectrometer to analyze precious metals or any metals for that matter. And in a pinch JSP works great. And finally, I never pay anywhere near spot, my refined cost is well below spot.
Great job sir!
Thank you kindly!
If someone approached me 18 months ago to trade with silver or gold i wouldtnt of had a clue its all about been in the know and a lot of people dont yet
That was me telling people to buy bitcoin 10 years ago. Not only did no one know what it was, even after I told them they didn't want it. Now they all do.
I am kind of surprised....as in Canada, get out into the rural area flea's and people will DEFINITELY trade for real money (silver and gold).
Here's the thing, While people are still ignorant of real money... it takes people like this guy to go out and seed silver in their minds as a secondary medium of exchange. Otherwise if we just sit back and hush up about money there will not be that second medium of exchange...
If there is a major collapse or shtf scenario, bardering with gold and silver will not work until the rebuild starts, we will be trading products like food water supplies ammo and silver will be last on that list. Just something to think about but when the rebuild starts then the new currency will be silver and gold and at that point it will dominate.
They will want your silver once when they realize the gig(fiat) is up.
To anyone who doesn't own any G or S after a dollar collapse, I would say: "The good Lord tells me he thinks he can get me out of this mess. But he's pretty sure you're f**ked." (Paraphrased quote from the Irishman in Braveheart.)
One of the great lines from that movie. Well done.
All forms of paper as values will be devalued in the ecenomic reset gold and silver will have a cycle also. Every ecenomic and political crisis in America has had a gold silver cycle also.
I'm not sure what your camera chest rig looked like, but it apparently was noticeable. I have a feeling this may be putting people off. When they see you are recording them, they are reluctant to agree to anything unusual, like bartering for metal. They might think you're some sort of government agent.
Which one is this? I’m not familiar? I live in the same area
In Switzerland where i live silver coins etc. in flea markets are usually quite expensive. Mostly no chance for a bargain.
Excellent video, I’ve never tried it because I’ve never wanted to get rid of it 😂 but in SHTF times I’m afraid money won’t be the immediate trade. Food, toilet paper, and clear alcohol, I.e. vodka and gin will be the immediate currency. However, people will quickly realize true value in metals when they learn they will need it when debt collectors come knocking
Great Job 👍🏻🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Not surprised.
I needed some extra cash once at a flea market and had silver to offload. The first person I approached was an older guy in his 60`s and he happily purchased some eagles off me at the going rate of the LCS. It all depends on who you`re dealing with and a person`s needs and desires. Maintain relationships with the locals in your town.
expected result of the experiment. There are very few collectors of silver and gold, within 2%. and second, What will the sellers of goods do with silver?
At the flea market! Like mother like son 😂😂!
Its trial and error, eventually you would find someone willing to trade
The way I see it, they are foolish for not educating themselves. I bet they would have made an extra 5 bucks or so worth of silver on top of the barter with you in the trade. For example, the guy with the mags, I bet you would have given him a one oz round in comparison for one mag. However, they are firm on their stance because they are worried about losing money in a trade and being deceived somehow. It's wild how many people don't know the current value of precious metals! They just know it's "valuable" and get excited when the news tells them it's hit a new high 😂!
Awesome video it does also go to show that if there were a collapse how many people are unprepared to take Silver more than likely because they are unable to guarantee it’s real or not or what the value of it is compared to the Services are good that they’ve got to Offer
The hat gave it that real world touch!
Incognito
I've heard the Amish like silver. I've never tried using silver with them, so I don't know how true that is.
It’s called clueless wait until the banks and cash is no good
Go to a country where the currency collapsed like Venezeula and you will find them using gold and silver for street food, hotels, fuel etc. As soon as the USD collapses people will figure it out real quick.
When it all goes down…these person will remember being offered the equivalent of over $1000 for a pair of boots. This video makes me feel good about my stacking over the last 15 years.
In Canada gold and silver is legal tender
Alaska and a few Midwestern states here in the US consider it fair trade in commerce
Looks like we are way early. But we already know this. It's just a matter of time. Inevitable. And still cheap enough to not think twice about buying more.
Personally, I'd accept pretty much any metal on the periodic table.
Plus I know value when I see it 😁
Yes, I would accept hundreds of pounds of copper! lol
This flea market is really spread out; tables so far apart from what I’m used to. Do love the flea market though to buy or sell.
Hate to say but 🐈 is prob gonna be the most widely acceptable commodity for trade for many people in the crash. An unlimited “treasure” trove. I wish I had one 😢 the WORLDS oldest bartering tool. I hope some of you guys are stocking food tho so the rest of em can use their G&S. The best stacking one can do is food, later traded for everyone’s G&S later. The DCA would be phenomenal. Lotta risk/ gamble BUT if it goes down you’ll spend a gold gram on a box of spaghetti and a jar of meat sauce to feed your fam. That’s $5/ gram 😮 get you some of that! 💪🏻😎👍🏻
I think when the dollar completely collapses people will be much more open to metals as real money. Venezuela is a good example about what happens in a currency collapse.
Do you take trades in silver for gold?
Sad but not suprising
From NE Ohio.
Would you rather have silver, gold coins or an AR 15 with a couple thousand rounds of ammo in case of WSHTF?
Both work! Heck I love the idea of a sailboat and British Columbia! Lots of game up there. And 1300 miles of nothing. Perfect! Did you say bow hunt and deer or elk jerky! Yummy!
I'm not surprised Jeep man!