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Common Sense Finance
United States
เข้าร่วมเมื่อ 22 ก.ค. 2020
Finance and Economics, Current Events, Gold and Silver
Disclaimer: I am not a Financial Advisor. Information is for informational and education purposes only. Please consult a qualified professional when making investment decisions. Past performance is not an indicator of future results.
Disclaimer: I am not a Financial Advisor. Information is for informational and education purposes only. Please consult a qualified professional when making investment decisions. Past performance is not an indicator of future results.
Silver and Gold Prices- What To Expect Next
Silver and Gold Prices- What to Expect Next
#silver #silverstacker #silverstacking #bullion #preciousmetals #alternativemoney #soundmoney #finance #economics #personalfinance #barter #federalreserve #endthefed #investing #junksilver #pre33gold #goldcoins #numismatic #diy #goldcoin #silvercoin #junksilver #economicdisaster #economiccollapse
#silver #silverstacker #silverstacking #bullion #preciousmetals #alternativemoney #soundmoney #finance #economics #personalfinance #barter #federalreserve #endthefed #investing #junksilver #pre33gold #goldcoins #numismatic #diy #goldcoin #silvercoin #junksilver #economicdisaster #economiccollapse
มุมมอง: 31
วีดีโอ
$40 Silver Sooner Than You Think
มุมมอง 2167 ชั่วโมงที่ผ่านมา
$40 Silver Price Coming Sooner Than You Think #silver #silverstacker #silverstacking #bullion #preciousmetals #alternativemoney #soundmoney #finance #economics #personalfinance #barter #federalreserve #endthefed #investing #junksilver #pre33gold #goldcoins #numismatic #diy #goldcoin #silvercoin #junksilver #economicdisaster #economiccollapse
The Coming Inflation “Story”- Trump Will be Blamed
มุมมอง 4412 ชั่วโมงที่ผ่านมา
The Coming Inflation “Story”- Trump Will be Blamed #silver #silverstacker #silverstacking #bullion #preciousmetals #alternativemoney #soundmoney #finance #economics #personalfinance #barter #federalreserve #endthefed #investing #junksilver #pre33gold #goldcoins #numismatic #diy #goldcoin #silvercoin #junksilver #economicdisaster #economiccollapse
Silver and Gold Price Drop: Why Real Interest Rates Matter
มุมมอง 42114 ชั่วโมงที่ผ่านมา
Silver and Gold Price Drop: Why Real Interest Rates Matter #silver #silverstacker #silverstacking #bullion #preciousmetals #alternativemoney #soundmoney #finance #economics #personalfinance #barter #federalreserve #endthefed #investing #junksilver #pre33gold #goldcoins #numismatic #diy #goldcoin #silvercoin #junksilver #economicdisaster #economiccollapse
Silver and Gold Prices Pull Back, Why I’m not Worried
มุมมอง 1.8K16 ชั่วโมงที่ผ่านมา
Silver and Gold Prices Pull Back, Why I’m not Worried #silver #silverstacker #silverstacking #bullion #preciousmetals #alternativemoney #soundmoney #finance #economics #personalfinance #barter #federalreserve #endthefed #investing #junksilver #pre33gold #goldcoins #numismatic #diy #goldcoin #silvercoin #junksilver #economicdisaster #economiccollapse
5 Economic Ideas Trump Should Implement
มุมมอง 3621 ชั่วโมงที่ผ่านมา
5 Economic Ideas Trump Should Implement
Trump Wins! What Trump Can Learn from Argentinian President Javier Milei
มุมมอง 616วันที่ผ่านมา
Trump Wins! What Trump Can Learn from Argentinian President Javier Milei
Gold and Silver Should Be Used As Money
มุมมอง 55314 วันที่ผ่านมา
Gold and Silver Should Be Used As Money
They Don’t Get It- The Fed Plans Another Rate Cut in Nov?
มุมมอง 54314 วันที่ผ่านมา
They Don’t Get It- The Fed Plans Another Rate Cut in Nov?
Treasury Yields Are Spiking; Why you Should Care
มุมมอง 68814 วันที่ผ่านมา
Treasury Yields Are Spiking; Why you Should Care
It’s Getting Worse: US National Debt Creeps Toward to 36 Trillion
มุมมอง 6021 วันที่ผ่านมา
It’s Getting Worse: US National Debt Creeps Toward to 36 Trillion
Palladium Price Spikes After US Threat
มุมมอง 51221 วันที่ผ่านมา
Palladium Price Spikes After US Threat
Cracks Are Starting to Form in The Fragile US Economy
มุมมอง 4821 วันที่ผ่านมา
Cracks Are Starting to Form in The Fragile US Economy
BRICS Conference 2024: Russia Proposes "Multi-Currency System"
มุมมอง 9021 วันที่ผ่านมา
BRICS Conference 2024: Russia Proposes "Multi-Currency System"
Silver Price Up Big; Reasons Silver Price Could Hit $40 in 2024
มุมมอง 10728 วันที่ผ่านมา
Silver Price Up Big; Reasons Silver Price Could Hit $40 in 2024
It’s Going to Crush Us: Why Modern Monetary Theory is so Dangerous
มุมมอง 86หลายเดือนก่อน
It’s Going to Crush Us: Why Modern Monetary Theory is so Dangerous
Americans Are Hurting Financially: Some Amazing Numbers
มุมมอง 47หลายเดือนก่อน
Americans Are Hurting Financially: Some Amazing Numbers
The Return of Inflation : It’s On Its Way
มุมมอง 351หลายเดือนก่อน
The Return of Inflation : It’s On Its Way
Israel to Limit Gold and Silver Ownership?
มุมมอง 316หลายเดือนก่อน
Israel to Limit Gold and Silver Ownership?
When Will the Mainstream embrace Silver?
มุมมอง 704หลายเดือนก่อน
When Will the Mainstream embrace Silver?
3 Reasons Why Everyone Should Stack Gold and Silver
มุมมอง 106หลายเดือนก่อน
3 Reasons Why Everyone Should Stack Gold and Silver
Central Bank Digital Currency on The Horizon
มุมมอง 62หลายเดือนก่อน
Central Bank Digital Currency on The Horizon
Hyperinflation will come; Rate Cuts Are Not Needed
มุมมอง 128หลายเดือนก่อน
Hyperinflation will come; Rate Cuts Are Not Needed
There’s No Plan To Reduce the Exploding National Debt
มุมมอง 732 หลายเดือนก่อน
There’s No Plan To Reduce the Exploding National Debt
MMT = more money today
I’m good on cull. I prefer paying extra premium for BU
Wasn't there a plan to end the Fed? Did I miss the memo?
Let’s hope! thx!
Trump increased the US debt 8 trillion in his administration. He has no reason to control spending and will cut taxes on his billionaire doners. Think you just voted against your own best interests.
Most of Trumpe spending happened under COVId which was a 1 in 100 year event. Also, the treasury balances tell a completely different story as to who spends more.
Why be worried? When the price of gold falls, that’s a good thing! Means the economy is growing. Gold is a hedge against risk. Not an investment (which earns profit based on risk). It pays no dividends. Just sits there. Costs money to store. And when it’s time to sell, you have to haggle with some guy who wants your money more than your gold. I own gold, but not as an investment. Only as a hedge. 5% of my assets.
Good points all around, many thoigh seem to panic when the price drops.
@ that’s because they treat it as an investment. My other problem with any asset are sales commissions. That seems to kill any investment. I have a Vantage S&P 500 fund. $49 a trade no matter how much your trading. $100,000? Still $49. Fees on gold sales are criminal. Gold is a nice hedge however.
The gold is not linked to dollar strength because we saw both of them rising up side by side during last period. The main reason for bull market for gold was wars and uncertainty about the election but both of them almost vanished
Yes you’re correct. Historically though, Gold typically moves inversely against the US Dollar Index. This time has been different though and that relationship appears to be breaking down due to the “fear factor”(wars, etc. ) as you mentioned. I expect we will see more relationships like this break down in the future due to loss of confidence in the US dollar. Thanks!
Actually I do believe the opposite . Gold will slump down more and more in trump’s presidency
I don’t believe even Trump can stop the economic crises we have coming, that will spike gold.
Sorry but you've mischaracterised MMT. Question for you: where does money come from?
How so? Banks loan money into existence
Excellent evaluation, I totally agree and think the billionaires are picking gold up on sale. You forgot about the war’s, very risky times.
Very true . Thanks for watching!
Can you tell me a little bit about the sasquatch coin?I've never seen it
I got it on SD bullion a few years ago. I think they stopped making the 1oz ones. Maybe they’ll start manufacturing them again down the road? They seem pretty popular. Thx!
Looks like silver is really on sale!
Canadian pipe line, border wall. deportations big time. remove everything Biden and Harris did day one. New copper mines in Arizona , and throughout the USA, Drill baby drill. Get rid of the EPA. Get government out of the auto industry totally. Balance the budget, That means cutting Four Trillion from the budget . Abolish the FED. The list goes on for ever.
Many good ideas here! I agree! Thanks for watching
大機構以期貨力量誘空, 要趁機大量購置金銀幣!!!
Very true, too much paper physical silver backed by nothing. Thanks!
The US debt problem could be solved by reinstating the tax structure of the early 1970’s when the US was truly great. A time when the wealthy paid much much more than they do today, yet much less than the average citizen as a percentage of income. Big money in politics and a captured media has taken those with $100’s of millions and more with little to no taxes. Change this and the problem is solved. Your welcome.
The debt problem can’t be solved by taxing the rich more. For one they simply don’t have the money to pay for the massive debt. Also, if they get taxed more heavily, there will be capital flight and theg will invest more overseas. It’s a nice idea in theory, like communism, but in practice it won’t work.
@ With the Republican’s back in power, the stock market is going to rise. But for how long. With stagnant lower and middle class wages and none of the increased technology induced productivity, wealth is transferred to the ultra rich. Less and less products can be purchased by the population resulting in more and more Billionaire wealth not having anywhere to invest in. Money will look to leave the US but this rot is world wide. In years gone by South American countries ultra rich could take their money to invest abroad, leaving their citizens dirt poor…. Not so much in the world wide dystopian future that awaits us all. Climate change is another fate to starve the population….
I have said it for years - the key to solving the tax situation AND government spending is to implement a national sales tax. Every dollar gets taxed maybe 15%. Everyone pays the same thing for taxes - there is no cheating the system. In accordance, government spending must be reduced to fit within the revenue generated from this sales tax. Finally, eliminate most taxes on the individual - income, property, capital gains - everything! By doing this, it solves the whole “why do the rich pay less taxes?” argument AND prioritizes where government spending goes. You’d be surprised how effective this could be if implemented…
Without getting too wordy here I agree with your statements (for the most part). The US has taken a big hit in the last couple of years. We have come out weaker, divided and easily manipulated. The country is loosing its place as the BRICKS gain the small piece of influence we abandon.I have had several people I correspond with oversees ask me what the hell is going on here.When regular Joe's (our allies) are getting nervous and feel less safe.... there is a problem. Hate me for saying this, but I hope the new administration makes better choices then the last. We have had grandpa falling asleep in his chair while the kids are spending his retirement. I hope we don't have a pissed off 8 year old Johnny temper tantrum next.
Let’s hope Trump does do better. I voted for Trump but I also have high expectations for him. I won’t just blindly support him like many, and hopefully he can turn the ship around. Thanks!
I really like your content
Thanks for the support!
The silver has to climb to the price as yellow gold....
Hopefully the gold silver ratio narrows in the coming years
Yellow gold is yellow gold.... Silver is actually consider as white gold.....
These precious metal are very valuable........
I’ve been stacking for a while…
Gold and silver are always money.........
Yes, very true
digital dollar is just furthering the fiat scam. Need to go back to hard money only.
Very true, thanks!
That's ok guys Kamala will give 25000 to first time home owners 😂😂😂😂
Good lord, let’s really hope not…
I think that government and Debt is out of control, anf they won't even try to fix it. I like to have my own metal, and I'll just see what happens. The Digital Dollar would be a CBDC, not backed by anything. The fiat currency is a Ponzi Scheme, the people in charge won't stop.
Good points made here. Thanks for watching!
No. 1. $36T worth of debt would have to be paid off first 2. all governments want to spend uncontrollably, not encumbered by their gold reserve
Do you believe they will never or shouldn’t ? The points you made seem to indicate that you support gold and silver as money, but you never see it happening. Thanks
@commonsensefinance11 will never
I think platinum should be money. It has all the aspects of gold except can’t be faked because of its density it’s divisible, tradable, does not rust varnish, and it is limited supply, even though there is more in the ground harder to get to.
I like Platinum, also. I don't buy as much as I do Silver and Gold, but it is special.
Yep, platinum def has a place too. I wish I could get more of it. Thanks!
Find out who was kicked out of the kingdom when the debt Jubilee occured.
I agree with all you said! Thank you so much!
Sure thing! Thanks for watching!
They say, when the Gold goes up, the Dollar goes down and vice versa !? greetings from germany
Yep , historically that’s true. That’s of course the dollar index(US dollar against other currencies like Euro, Yen). It seems Germany has a number of economic issues too? VW cutting jobs and energy issues? Thanks for tuning in!
I have a 1099 job w a friend and get paid once a year, end of December. So every year I try to buy 1oz gold and stash it. I'm not sure if I am going to do that this year. My parents (mom especially) asks me to grab her something if the price goes down-she says, "get some for me and I'll pay you-" so I try to watch it. I may get some more Mercury or old Roosevelt dimes soon. I try to grab it when it "goes on sale" but also once a year. I used to be able to get the old ww2 nickels in 2016-2017 for way cheap. Now, everything is up. Happy I got what i did when i did, but still hoping we get more small dips.
That’s good you’ve been buying for a while. Prices have really shot up and its seems like I might get priced out of 1oz gold coins soon. I’mmgonna be doing the same thing I think , buying smaller amounts for the time being. Thx!
1220 now just looked
oh wow thanks for the heads up! I’ ve been so busy today I forgot to check…
If the national debt was a real problem, the Presidential candidates would talk about it and have a plan to fix it. OK, I will now stop trolling.
Haha, yep just like social security too. Thx!
Nice vid Common.
Appreciate it!
Gotta slam to 0 so national debt can be refinanced. They are out of option$$$--
I have a good chunk of platinum with premium. I paid 1050. And every time it gets to that point it drops to 850 then gos back to 1050 and repeat… I’ve had it for 3 years and it very accurate,….
Good to hear! Thanks for sharing and watching too!
Thanks!
We don't know how much gold we hold
That’s true we might not actually have the 8,000 metric tons we say we do. Thanks!
@@commonsensefinance11 Seems funny they won't let an audit be done and they drag there feet on returning the gold there holding for other countries
Excellent shit
Much appreciated!
Every 100 days interest payments for usa debt is 1 TRILLION usa Dollars.😭😭😭😭😭😭😭😭😭😭😭😭
Yep soon it will be 1 trillion dollars every thirty days, then every two weeks, etc.
Excellent 🎉🎉
Thanks!
If they cut spending their system dies.
No question about that, thx!
The best way to determine how gold and silver will perform in a crisis, is to look at countries such as Venezuela. I'm pretty sure most people would have loved to of had more since it was very useful.
Oh yeah definetly, I agree. Thanks!
We need hard money society 🙏
Absolutely , couldn’t agree more. Thanks!
They are building a world that will be unsustainable for future generations. Everything will be empty and decaying, it is already happening. In the next twenty years a quarter of the world's population will just disappear and there will be no new people to replace them. Combine that with hyperinflationary policies and our grandchildren ( a tiny part of us will actually have them) will have a party on this planet.
Things are probably going to get worse before they get better, sadly. Thanks for the comments!
Excellent tips. TY for sharing.
Thanks for watching!
It will save you in a fiat currency crisis.
Today Oct. 15th Gold hit an all time high on the London market. I can't see anything to stop it going higher. I rate gold a hold.
Yep, I see it hitting $3000 this year or early next year. Thanks!
Today Oct. 16th it went even higher topping £2063 per Oz. Looks like I'm right this time. I'm still holding.
Whats you whatnot auction name ? It amazing over there i watch several coin and bullion dealers make thousands every day last week , this week is looking the same way come check it out its the nicest community on the internet
Let me tell you, silver and gold is as useless as lead during a power outage after a hurricane. I am in Augusta Georgia after Helene came through we are destroyed. No one knows what to do with gold or silver. I am a silver stacker. No one would trade any thing for silver even just doing work. Stores wouldn’t take any. Coin shops where closed, banks where closed. We were without power for 12 days. FEMA was useless. Luckily I had keep some cash in the house, it all gone, but we done ok. I love stacking and will continue for inflation reasons, but it’s all just useless during a hurricane recovery. Keep some case at home.
Absolutely right! I didn't start stacking until my home and finances were in order including food, water and off grid power. I dont know if its worth the effort in a extreme catastrophic event. Time will tell.
@@octogames6823 thanks, what I learned was water, food, a generator, and CASH. I was better prepared than I knew. Had to drive 50 mile to get gas, it was ok. I will Keep on stacking.
Thanks for sharing. That’s a bit surprising to me and I wonder if the power outage had gone on longer and people eventually used up their cash, they would have started accepting it. Shocking people wouldn’t take gold either. Appreciate the comments!
Gold will move you to the front of the line in all circumstances.
I practice the "Rule of 3" in May aspects of life. For a power outage on the scale they are seeing in Florida at the moment. 1. Assume 3 days of supplies should be in your home at any given time. 2. $300 In cash for emergency... no power then that credit card and tap payments won't work. 3. Assume 3 weeks for service to return properly - the various trades are out trying to sort it out but, unless you live near a Hospital or such... you could have sporadic power/water supply for a few weeks. Gold nice to have if you can afford it. Silver is in reach of the majority of people, a 1oz Silver Coin will but you the essentials. Not many places can or would break a 1 Oz Gold Coin.... FYI, look up the Rule of 3. 3 is 2. 2 is 1 and 1 is none. Always have a plan, a back up plan and a back up to the back up.
Yep , multiple back up plans is great idea and especially for multiple scenarios too. I would have more than 3 days supplies in your home thoigh? I would go with about a month’s worth at least, including water and food of course. Thanks!
@@commonsensefinance11 the are minimums. We have 3 month supply easily at home. I also have a camper and a slip tank in my truck...
Good to hear, sounds like your well prepared and know what you’re doing. Best of luck