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How Much Is $160 Of Silver Worth To The Average American? (Hint: Less Than $10)
Seemingly confirming the national new normal, dumbing-down-ness, the following clip shows Americans have absolutely no idea about the value of precious metals. When asked if they would like to purchase a 10oz silver bar (worth $160) for just ten bucks, every single one refused... one even refused to handover a half-drunk Starbucks coffee for the silver bar.
Mark Dice does it again...
Exposing the staggering ignorance of the average American even more, the clip was filmed right in front of a coin shop.
We wonder what the same interviews would be like in China or India or Russia?
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Soul Glow ~ This thread is YOURS ~ lol
This shows where true price support for silver is located if you remove price manipulation by the silver investors.
Baa baa black sheep have you any wool?
:)
First off, they don't have $10. Second, you have to admit that whole approach is almost as shady as selling speakers out of the back of a van.
First off no one has cash would could be a real problem if their ATM cards stop working one morning. Second, there was a coin shop next to them and they could have verified it was real. They missed a chance to increase their investment with a ten fold return in seconds. Day traders don't have it this good.
People in the city are always trying to sell counterfeit watches and other nonsense. They just want you to get out your wallet so they can grab it and run.
The people in the video are probably just street smart enough to blow the guy off. Telling him you don't have any money is a smart move since he's not going to mug you if he thinks you're broke.
But, there is a camera on them, he has a camera guy with him, so yes it may seem like a scam, but he was willing to let them verify the silver was real at the coin shop. The one woman would not even trade the noodle bowl or the starbucks for it, he wasn't trying to get a wallet at that point.
I would have had just one question. How many do you have?
i do enjoy these videos, and its funny how none of them have a clue how much it is worth, but a lt of it probably is just too many skeezers have tried to sell them shit out there before. Some other random dude pointing a camera at them probably doesnt help.
Although on second thought, todays americans may well be the dumbest and most self absorbed bunch of morons on the face of the planet, so fuck it, they're all just retards...
ok now that is funny
He should have asked them to name three Kardashians
These videos are kind of funny but we think Mark Dice is a shill like AJ.
Who's we?
Teh we....
Yeah he's totally a shill for the NWO. They're paying him what? A few thousand dollars to provide these videos and write books about how the NWO is using banking to control the financial system. Like that's not the truth!
I mean think about what you're saying! He's not rich! You think he's doing this for the NWO?!
You're crazier than me mayne.
mark d shows how stupid america is and i love that. keep on stacking my fellow patriots on zh.
Mark is Youtube's "family-friendly conspiracy theorist". He believes Sandy Hook really happened and he viciously attacks those who say it didn't happen or was a hoax. Every other conspiracy theorist gets their videos yanked off Youtube in hours and slammed with bogus copyright claims. Not Mark, he doesn't have that problem! What does that tell you... classic disinfo agent, mixing 1 part truth and 1 part BS!
Indeed
I love the ones that wouldn't trade a cup of noodles or a half-drank starbucks for it!
Usually with disinfo/limited hangouts it's 1 part truth and 3 parts BS! :)
A pertinent question. Americans are not noted for their educational standards.
After decades of applied protocols, we live in an idiocracy.
Misson accomplished.
& then again, most Amerikans are fucking stupid enough to have zero fucking clue what phyzz silver is worth.
Then consider the selective editing.
Mark Dice says no one took him up on the sale. I believe him.
I absolutely believe him. I've done similar things over the past few years (within my family FFS)... offered to sell phyzz silver for the equivalent value of their 'stock' positions in things like Green Mountain Coffee &, I forget that FOOD TRUCK IPO that was valued at something like a million+ dollars a food truck... I did it as a personal MUSE, btw, I didn't intend to go thru with it...
They all laughed at me... (Frankly ~ I guess they were right)... But it was all a joke on my part... NOT TO THEM...
I got my fucking brother right now... I've been warning hin for 2 years that he'd better be vigilant about reporting CAPITAL GAINS (for tax purposes) on these idiot stocks... His wife (my sister in law) is a fucking banker FFS... I guarantee you neither one is listening...
Either they'll be BROKE, or I'll be visiting them in jail in a few years...
Exactly. People don't know the value in silver. But then again they think watching the Kardsaions is a great way to spend their leisure time.
You can't fix stupid
sure...I understand your point....but they aren't saying "that's not real", or "it's probably just silver plated"
The point is...every single one of these people demonstrated 100% ignorance in the value of one of the worlds most tangible assets.
Perhaps if he were selling an ounce of rodium I would understand the ignorance on the street...but it's SILVER, and I bet if he were selling a one ounce gold Eagle for $60 (with a $50 face value) they would also have walked off without asking if he would take a debit/credit card.
of course, if he were selling a gram of marijuana for $10 that would have lasted about 30 seconds.
he tried the one ounce gold (canadian) coin, but for twenty dollars. no takers shown.
i wonder how far up the economic food chain he'd have to go for different results.
ought to offer a share of facebook as an alternative. that would would be interesting. now to find an actual physical stock certificate of any corporation.
All the POS terminals and ATMs were down for 300 km on the way home a couple of months back. Gas stations were still pumping for cash and I expect would have given me some for my silver maple if I hadn't had paper. Then again probably would have sold on an honour system too. ( as in "pay the next time you come through" ) Wonder how that would turn out in the same area the video was shot.
Spot on. And I'd have loved it if Mark had TOLD them what it was actually worth after they'd all said 'No thank you'. I suspect their responses would be highly entertaining.
DavidC
Agreed. That metal could be aluminum stock for all I know. Without a way of knowing it's real silver or coming from a reputable vendor then the whole deal is suspect.
You obviously have never held a bar of bullion.
I can verify the content by pinging the bar.
the ping is unmistakable...
FFS though, Americans mostly can't tell the difference between 1000tc Egyptian cotton & 'MADE IN CHINA' synthetic thread substitute.
and j0nx has been here four years.
that seems willed ignorance.
"whole deal"? $10?
After a brilliant reply to Steaksmith, we got ANOTHER "YOU ARE NOT AUTHORIZED TO COMMENT" warning. Goodbye folks, someone is sending a clear message. Love is the answer.
free fonz
We're meeting him and francis at Las Fuentes, y'all should come!
I might be there if I knew where it was
viva la francis_sawyer
@ team depends, are you fearing the ban hammer is coming for you? it happened to me, no idea why though. Just couldn't log in anymore. All my posts are still there in the archives from my old screen name though. I am surprised fonz hasnt come back as someone else, although he may have and isn't saying so. I know this last one was already his second screen name. He may have just said fuck it. Come to think of it, I havent seen ekm around in a long time either. That was his second screen name too
It sucks that when someone gets canned their archieves can't be accessed.
Will the world forget Dr Paul Krugman?
:)
ZH have blocked me on twitter, does that count :p
I still talk with him and some others from the ZH land of misfit toys. We have our own network. Do you have a contact?
Like the creepy dude in the parking garage?
fonz was from the western LI area of NY...
One day it would be great to get together with some of these legends...
Yes. I am 'deep throat'.
It was just a question. One more and I'm done. Do you want a contact?
Beeks?
I want a contact too guys ..
Sure
All ears for a lost comms rally point here as well.
me too! I'd love to meet you guys the next time I come through NY.
You should come back as "Kim K". Do it man.
Just back up and reload the page. They'll eventually close down the comments completely since, it goes against their(ABC's) politics. No use to leave a week early.
https://m.youtube.com/watch?v=ntLsElbW9Xo
U nailed it Nodebt (21:46)
Someone offers you something for nothing, sure, happens all the time. Go for it. No worries.
And of course, we all have our handy-dandy Silver bar tester in our back pockets for just this type of rare event.
Mark Dice and his methods are dubious. Sure there are uninformed,uneducated or otherwise just simply, pre-occupied people out there. Approach them in their most vulnerable way and no doubt it is easy to make them appear particularly foolish.
And that proves exactly what?
Exactly my thoughts. If I were approached, I'd want to know it's genuine silver.
On a side note, whenever I argue the importance of PMs and of a PM-backed currency, what always wins is this line:
If there is no difference in value, how about if I trade you a brand new sacagawea dollar coin for an old beat up Morgan silver dollar?
It seems to take the approximate 22:1 ration before they start to realize how weak our fiat currency has become.
For 10 dollars, or half a fuckin starbucks, do you really have to do more than a look/feel/listen check? Grab that sucker and run.
Shit, I would have given him 10 bucks for a pretty, fake.
http://www.thestreet.com/story/13199812/1/chinese-gold-standard-could-cr...
FROM BLOOMBERG NOT SILVERDOCTORS!
They're starting to admit that this the plan for Yuan replacement of the dollar.
http://redefininggod.com/2015/01/george-soros-and-the-elites-china-front...
thats (apparently) racist. Should be 'baa baa baa sheep" nowadays.... (not kidding, check it out on youtube songs (mothergooseclub for one)
Why can't I be that random person he interviews?
The real price between this and where all the foil hatters think it should be.
Flurry of bullish metals articles on Zero Hedge followed by the fanatical rants
the best sell signal on the planet.
So sell.
The assmaggot troll doesnt own a single ounce.
Sold to you a LOOOOOOOOOONG time ago. but yeah, keep buying the dips, im sure it'll work out for you. buahahaha
lol...this is not a government run school where there is a captive audience.
Tell me, what was the price for a gallon of gas in the 50-60's in government paper vs silver?
Yes, indeed ;-)
You can still buy a gallon of gas for about the same price (.25c) if you first exchange a 1964 quarter (worth app. $2.86) for the nearly worthless fiat currency.
http://www.coinflation.com/silver_coin_values.html
The reason that Gold and Silver always re emerge as currency with Value is that they cannot be easily cheated unlike, Bond market, Stock Market, fiat currencies, LIBOR etc etc.
No economy lasts for long without real accounting. We suspended accounting a while ago, no way to track success or efficiency without real accounting. Accountablility and Responibility are missing from our current culture, imagine trying to take on any project without either of those items, A beautiful airplane that soon crashes.
bingo +100. PMs exchange value is not known to most folks. they look at it, as those did in the video as something that has no immediate use/exchange value. the $0.25 gas analogy ought to be a bit of an eye opener but, then again, most of the people in that video werent even bornwhen Nixon closed the gold window and the '73 inflation crisis ensued. they have no understanding of this, which just reaffirms to me that markets will remain irrational for a lot longer than we are solvent, or, that markets will remain ignorant for a lot longer than we are solvent.....take your pick. like somebody said earlier get long FB or TWTR, or whatever. The learning curve for these fuckers is steep.
Gold approaching 5+ year lows so ZH has to pump out the gold/silver bullshit articles to hype up the tinfoil brigade losers.
Look at the date on this gem (also another ZH post): https://www.youtube.com/watch?v=ndshbH3qZ6Y
"This shows where true price support for silver is located if you remove price manipulation by the silver investors."
Sure. And if price manipulation of the dollar by bankers was removed?
It would actually rise due to the end of money printing.
Yet still fail eventually when the debt bubble burst.
good one.
lmao you're a retard
the big joker is on mister dices, because of silver bar is not being back by anything!!
also, not can eat the silver bar, or having it to drink!
And you can't use the real silver bar in Clash of the clans, but you can buy a fake bar with fiat and use it in the game, that's all that really fucking matters anyways!!
Forgot the sarc tag, carry on...
Yeah, but I could split your stupid noggin wide open withn a 10 ouncer.
Good luck trying that with 16 Hamiltons
I could probably stuff 5 kilo bars in your Bunghole without an issue also, but that just wouldn't be a nice thing to do.
Also, banknote is in back by fox Yellen and is most good for wiping shitty ass. (Banknote, not Yellen.)
Silver bar is useless in all toilet operations. Cannot wipe ass, cannot clean teeth. Cannot use as contraceptive.
Silver bulls is never mentioning any of this, of course.
Silver bar is not being back(ed) by anything.....
Reminded me of this classic clip:
https://www.youtube.com/watch?v=BiXIs3bbETA#t=18
Uber -
exactly.
that's the clip.
and uttered with such sincerity.
bridget brown for president!
And yet we wonder how Obama got elected twice. If only it had electrolytes!
I can't eat paper dollars or drink oil either, so what?
You're missing the point dave... ELECTROLYTES are what plants CRAVE!
He should have asked me! MAN! I'd take that in a heartbeat for 10 bucks! And I wouldn't go to the coin shop to cash it in!
But you could melt it down and cast silver bullets for the coming Werewolf invasion.
@Storm - Don't make me think too hard on math! I don't need to be worrying about of my melted Ag CAPS will be enuf to offset 20,000 rds of various FMJ's...
My goddamned life is hard enuf!!! lol
Note: I'm NOT just a STEAKSMITH
"Would you like to make a donation to end women's suffrage?"
ask the average american to spell america and they will fail
They couldn't spell OBAMA if you spotted them all the vowels.
In all fairness, there are a lot of letters in "walking, talking piece of human feces hell bent on destroying the United States".
Some people can burp the names of the states, some people can fart the cities....
To each, according to their abilities...
S M?
Blame it on the American CURSE >>>
https://biblicisminstitute.wordpress.com/2014/07/17/is-america-cursed/
Fuck curses... On a long enough timeline...
I liked his other interview better where he got people to sign a petition to start a preemptive nuclear war against Russia. That's about 1000X more stupid than not buying an underpriced silver bar.
The petition to ban dihydrogen oxide was also approved unanimously.
Water
That was my all time favorite!
When siblings mate, you get the population of Encinitas. They would rather have Noodabowls and Starbucks. Enjoy your yeast infection, sweetheart.
Tosh had it right. The flat brimmed hat is the modern day dunce cap.
Half those cerebrally-stunted hipster fucks are flocking like roof rats to places like "trendy" Austin, Texas, to further spread this flavor of millennial stupidity. Bury those Mr. Rogers sweaters today and see what they're worth in a decade, fuckin' chillbillies.
Well, once the crash happens it is good to know that babes will take those greenbacks over my stash of silver. You can't fix stupid, but you sure can make love to it...
Silver, used as money for millenia, finite, pretty as fuck, and used industrially in technology and science due to its great conductivity and anti-microbial properties, ain't worth shit to these people. So what happens when a bullion bank can't confirm there is bullion in their vaults? WHat happens when there is a shortage of supply in the silver market?
Well these people miss the boat of course. Surpirsed these people didn't know what to do with their money?
Because I'm surprised any of these people can find their dick in their pants.
These are the same people buying houses in 2007. These are the same people buying stocks now. These are the same people who sit in front of a TV 8 hours a day, shop at Wallmart, and then eat at Burger King.
But hey, we wouldn't be getting silver at $15/ounce otherwise.
:)
In another era where they didn't have iPhones, they'd probably be buying tulips...
In China, it is very hard to find silver for less than the equivalent of $45 per ounce in coin shops.
But I suspect if you made this offer to them, they would reject it, knowing nobody would willingly offer silver at that price.
post of the day.
that could have been silver plated cement for all they know. if it's too good to be true...
If it had been silver plated chocolate someone might have bought it though.
Actually they would have probably paid more for chocolate plated silver.
only if it was labeled 'artificial chocolate food product'.
People don't buy ANYTHING from someone shoving a mic in their face.
Pathetic American shitheads
Mother fucking ignorant amerikans.
Hell, a 10oz bar of tungsten is worth more than $10 bux.
Oh well... Back to the latest installment of "Naked and Afraid."
I've seen 'em all...
Not enough nakedness & too much afraidness IMO... I hope the new season is better...
It's gay. They show naked men's butts for an hour, the broad walks away they blur it out.
Everyone in hollyweird likes it that way.
The bitches are all dirty and bugbit anyhow. Take a bath, Stella!
Just shows how screwed america really is.
People are not overly stupid nor overly ignorant of value:
Except for a small percentage, they can be accused of being honest, moral, ethical, conservative, caring and cannot relate to those who are not like them, seem a little bit off or doing things that do not make sense or might be unethical or immoral.
People do not want to transact with those who they cannot relate to.
I offered my brother in law $900 for his Colt Python. Not good enough. I waited about 1 year and he said he would do the deal. Is now worth $2500. Cash is king.
So democrazy means these are the people who get to choose who the POTUS (or whatever leaders) will be?
damn-more-crazy
Would you buy a silver bar from someone that looks like that dude?
as long as it 'pinged' in the proper note... & of course, at the PRICE that the paper commodity brokers hammered it down to on a particular day...
My son would have got him down to 50 cents.
The kid furnished his 1 bedroom apt. with a matching bedroom suite, sofa, end tables, chair and lamps, small kitchen table and chairs with an odd appliance or two for under $250. All stuff in very nice condition.
He just makes stupid offers and dumb people will take em. The kid is single, 21 and has nicer things than I had when I was first married with a kid.
He's already working on his neighbor's (getting divorced) leather couch and loveseat.
He's the yard sale, thrift store king.
Makes a Dad proud.
Had a yard sale last year.
2 of the first 10 or so people that stopped by when I opened around 6:30 asked a variation of the same question: "Do you have any old coins, silverware or jewelry?"
When the answer was a simple "no" (because I'm not selling the good stuff!), they got back in their car to head off to the next yard sale. I bet they pick up quite a few such items from the less informed sellers. ;)
Is that offer still good? If it is, contact me.
True - most Americans don't know anything about silver or it's worth...BUT...ask them any question you want about who Sally is fucking or what Kim Kardashian is up to - they'll be all over you with pure bullshit information that no one but them gives a fuck about.
at work the only person who knows about the value of silver or gold is someone who is around the age of 68
he is the only one i can talk to about these things...
The way of selling is wierd. How can people trust this guy. If they sell this stuff in the coin shop, people will take it immediately. If it is solid silver not silver plated, I will take as many as they have as long as they can prove it is real. This is a matter of trust instead of anything else.
The seller's ascertion that it's "pure silver" is deceptive at best, fraudulent at worst.
If it sounds too good to be true...
This is the inherent problem in conducting business with people you don't personally know (i.e. virtually everyone in society)....you don't know if you can trust them or what they say to be true. So you must either make a leap of faith, or you look for a third party moderation of some kind (which is how we ended up with government in our business, unfortunately), or a publicly reputable enterprise (i.e. a coin store or brokerage/exchange/trade house).
So......according to ZH posters we should be going all in on silver right now when the richest people in the richest nation on Earth value it near $0 an ounce? Hmm.....better double down on my Facebook and Apple positions and short SLV and PSLV and GDXJ some more.
Having difficulty getting over the ever-present statement:
I'm Good !
No, don't want the silver bar, I'm good. I'ts OK, I'm good ... and on and on and on. WTF !!!
yeah 'i'm good'
...for what?
I don't know whether to laugh or cry. In those other country's Mr Dice would be sent to an insane asylum for trying to sell an 10 Oz bar of Silver for $10. Over there they have an education system.
What a fucing goof . !
No takers at 99 cents ! Makes me wonder if he could have given it away for nothing at all, probably not.
I find it increasing difficult to understand young Americans.
The word "like" is either a verb that means you have affinity for something/someone or its a 'simile' used in literature for comparisons.
Those young women said "like" about 20 times over 30 seconds......
What does that mean? Its absolute garbage coming out of their mouths.
Watching the decline from abroad doesn't make it any prettier.
Squid
ppl just think it is cool and that they are cool when they say like ....
i used to do it back in high school
it is just a phase that they will grow out of some day.
They're nervous because the guy seems like an aggressive pan handler.
Like it or not.. It's like... you know ...like it is. "Like" it is, that is.
...and like she probably can't like even spell it. lol
The Stupidity of the General Public never ceases to amaze me.
True story:
Mom goes to the gas station early one morning to fill up. Young guys walks out as mom is walking in. Cashier seems a little pissed off. Mom asks what's wrong. Cashier says that guy just paid for ten dollars worth of gas in 50 cent pieces. I don't have anywhere in my drawer to put them. Mom says, my son and husband like coins, I will give you ten bucks for them. Thank you so much ma'am.
Mom comes home, me and dad sitting at the table drinking coffee.
I hear a very distinct sound when her bag hits the counter. There is only one thing that makes that gorgeous sound. What's in your bag mom? (Should not have tipped my hand that easily, stupid tell) She gives me and dad her story, we are both salivating. Mom says, maybe you can look them up on line and see if they are worth anything. I told mom, I will give you fifty bucks for the whole lot as dad kicks me under the table. (damnit why could I have not played it any cooler) No, show me online what they are worth. Totally busted. Mom did take us out for a nice dinner though after she cashed in at the local silver dealer.
Unreal that three grown ass human beings had no idea the true value of those twetny coins.( I think silver was around 23 an ounce at that time)
So yes, this video is a bit stupid, but most people (my mom include sometimes) is even more stupider.
Hmmmm wonder if by the end of the year knowledge about gold and prices will be known by a few more Americans.
China announces they will be setting new gold price by end of year
http://www.examiner.com/article/china-announces-they-will-be-setting-new-gold-price-by-end-of-year
Dovie'andi se tovya sagain (It's time to toss the dice)
Got Karatbars?