This page has been archived and commenting is disabled.

How Much Is $160 Of Silver Worth To The Average American? (Hint: Less Than $10)

Tyler Durden's picture




 

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?

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 06/26/2015 - 00:02 | 6236179 Spungo
Spungo's picture

If a guy tries to sell you shit and he says you're getting a "good deal," it's your duty to kick him square in the balls.

Fri, 06/26/2015 - 00:22 | 6236215 TheObsoleteMan
TheObsoleteMan's picture

I am convinced that California will be the place to be when the dollar devaluation comes. All of those little airhead hoes you saw in the video will be on the street {and on backpage} blowing cock for peanuts. They will "speak greek" for a few dollars more.

Fri, 06/26/2015 - 00:23 | 6236216 Arthur Schopenhauer
Arthur Schopenhauer's picture

I would've said 'let me see that', and he would have handed it to me. I would have put it my shirt pocket and asked him 'ya wanna buy some silver'? Then when he stuck that microphone back in my face again I would have taken it away from him and asked 'ya wanna buy a microphone'? Etc...

Fri, 06/26/2015 - 06:48 | 6236603 basho
basho's picture

ohhh, you are so cute and clever, my, my.

Fri, 06/26/2015 - 13:25 | 6238470 Arthur Schopenhauer
Arthur Schopenhauer's picture

Mark Dice lives in California and does his videos there.

One's behavior is often dictated by the opinions and attitudes reflected by the majority of the people in the general area in which one lives.

I live in an area full of shitkickers, hardassess, and rednecks, and this is what most shitkickers, hardasses, and rednecks would do if confronted with this situation.

No. Its not cute and clever, nor funny at all, ya little faggot.

Fri, 06/26/2015 - 00:34 | 6236236 SilverFish
SilverFish's picture

Friend of mine owns a jewelry store and right in the middle of the 'cash for gold' craze a few years ago, someone brought in a little silver penis where you could pull the chain that runs through the shaft and it would go erect. Also had a loop on the top for hanging on a chain. Probably .25 oz of silver went into making that thing and I think he gave the customer 50 bucks for it, which at the time was the going price for 1 oz of silver, so he probably felt like he got a pretty good deal.

So anyway, this jeweler friend of mine calls me and tells me the story of how he paid a customer 50 bucks for what amounted to a quarter oz of silver in the shape of a penis and I called him a dumb ass for going through with the transaction. He says to me "Can you stick it on FleaBay for me and see what you can get for it?" He tells me how it's just not something his clients would appreciate. I agree. He sends it to me in the mail, I list it and lo and behold, four days later, the thing is bid up to $490.00 with one day left.........ends up selling for $530. I couldn't believe it.

Not sure what the moral of this story is, but it could be that although silver is a good investment, it's especially true if it's in penis form.

Fri, 06/26/2015 - 00:44 | 6236257 uncle_vito
uncle_vito's picture

my 10 sterling silver placesettings are worth about $22,000.   Who would have guessed!

Fri, 06/26/2015 - 05:23 | 6236511 Grouchy Marx
Grouchy Marx's picture

I'll give you my half-drunk Starbucks latte for it. 

If you don't think it is worth it, just check out Starbucks prices...

Fri, 06/26/2015 - 01:15 | 6236296 Rock and Hard Space
Rock and Hard Space's picture

My goodness.

More proof that there are millions of people that are going to lose their minds, and their asses, when the banks decide to hold their loans and not allow us our cash/plastic.

This kinda stuff never happens to me.  Not that kind of lucky, I guess. Of course I walk the other way when cameras are present.  Now that's a conundrum.

 

Fri, 06/26/2015 - 01:23 | 6236305 fel.temp.reparatio
fel.temp.reparatio's picture

I suspect this is what will happen if/when the SHTF... you won't be able to unload your PM(s) for anything near their true (or perceived) value.

Fri, 06/26/2015 - 10:08 | 6237401 BoredRoom
BoredRoom's picture

If you say so fellatio

Fri, 06/26/2015 - 03:07 | 6236413 CHX
CHX's picture

That is why the US average Joe and Anna will be left behind when the reset occurs. They will not understand what will have happened, even after it did right in front on their eyes and they will have lost their shirt and then then some. The reset will happen, but not bcs of broad US participation. That cannot be allowed. So the narrative of the "popped silver bubble" will be kept alive until "it" happens. At that point, you either hold it or you will be left in the rain. The misinformation and deception is running deep and has systemically brainwashed 3 generations of debt slaves.

Fri, 06/26/2015 - 03:30 | 6236432 Dre4dwolf
Dre4dwolf's picture

And people wonder why half the country is on Food Stamps.

No one even knows how to eat, they practically need the govt to come and spoon feed them in their living rooms lol

We are so fucked.

 

Maybe the govt is right, maybe society has degraded to the point where we should all just give up and let them take care of us.

 

For 10$ I would of taken the risk that it was fake.

10$ is like . . . a dollar ten years ago.

Fri, 06/26/2015 - 10:24 | 6237472 BoredRoom
BoredRoom's picture

We are fucked, but it's only because Americans have become so pussified while under attack

Fri, 06/26/2015 - 05:39 | 6236520 orangegeek
orangegeek's picture

The assumption here is that people actually care about their on financial security.

 

In Greece, they're dropping like flies.  When it hits the fan here, same should occur.

Fri, 06/26/2015 - 06:11 | 6236560 ramgold2206
ramgold2206's picture

Maybe thats why my gold bulion business is confined to Zero Hedger's - who by the way are accepting me...and one or two have joined me because they get it!!!  thanks guys, I appreciate it.

Karatbars have desgined a system whereby people can acquire Bullion for free, by paying them very well just to refer customers to the kararbar website.. and the General Public still dont get it... I initially though these people were simply suspicious and going to research more... however in fact most as just are as dumb as a bag of hammers..and useless (which is depressing and worrying in equal measure)

 

www.teamramgold.com

 

 

 

Fri, 06/26/2015 - 06:20 | 6236576 Panic Mode
Panic Mode's picture

Unlimited Slaves of America

Fri, 06/26/2015 - 06:21 | 6236577 fiftybagger
fiftybagger's picture

The good news is that it's not going to be up to 300 million broke American retards to determine what the true value of silver is.  2.5 billion Chindians will be making that decision instead.  And just one ounce for each of them is 2 plus years of total mining supply or 10 years of total investment demand.  Americans will be flat broke besides, so it won't mean squat what they think anymore.

Silver For The People

Fri, 06/26/2015 - 06:26 | 6236583 Dr. Bonzo
Dr. Bonzo's picture

Wouldn't be so quick to judge these people. Man-on-the-street format is misleading. Most people are going from A-B have other stuff on their mind and being approached by a camera crew is like "what the fuck" situation. I know. It happened to me. Some mainstream camera crew trapped me on a downtown corner and threw a question at me and I just drew a blank and was thinking get-the-fuck-out-of-my-face. Maybe in a different setting this would have more validity.

Fri, 06/26/2015 - 06:47 | 6236600 basho
basho's picture

yeah, let them know a day ahead of time. the ones that can read and remember lmao

dumber than dirt

Fri, 06/26/2015 - 07:26 | 6236684 Pullmyfinger
Pullmyfinger's picture

Sir! Do you have a moment? --What's your opinion of the extraterrestrial presence on this planet?

Fri, 06/26/2015 - 06:45 | 6236597 basho
basho's picture

dumber than dirt.

tick tock

clowns

Fri, 06/26/2015 - 07:09 | 6236641 chubakka
chubakka's picture

why not at least play along for the cameras at least? "yeah sure here's my coffee haha."  was it that they didnt believe its real silver?  this is like the wow level of stupid and its really contemptible.  does anyone else here want to bitch slap these people?  

Fri, 06/26/2015 - 07:11 | 6236647 1033eruth
1033eruth's picture

I'm tired of this guys cherry picking and editing of responses.  He doesn't show a single one where the respondant says, Yeah, I'll take it.  Plus you're the dude on the internet demonstrating how ignorant americans are.  I know all about your crap and how you're an expert at editing your program to illustrate your bias.

Fri, 06/26/2015 - 09:35 | 6237200 semperfi
semperfi's picture

<--  I would buy gold & silver from a "street vendor"

<--  I would NOT buy gold & silver from a "street vendor"

most people would think its a too-good-to-be-real scam and not trust the dude - who would trust a precious metals street vendor?  hell i don't even trust many so called "legit" PM dealers - trust & honesty are in short supply today and most people know that, no matter how dumb we think we are as a society - this was a bad test - I would say that anyone who DOES buy from this dude is the idiot

Fri, 06/26/2015 - 07:40 | 6236715 Tegrat
Tegrat's picture

You DO NOT want silver compared to Gold!$2.75/oz post silver. Better to own TP. Check fofoa's latest article on http://fofoa.blogspot.com.

 

 

Fri, 06/26/2015 - 08:44 | 6236975 all-priced-in
all-priced-in's picture

I would have told the guy to go fuck himself with a 1,000 ounce silver bar.

 

I only buy my silver from this guy -   

 

https://www.youtube.com/watch?v=7WxgqK3-5Dw

 

 

/s/

Fri, 06/26/2015 - 09:27 | 6237167 ArtOfLife
ArtOfLife's picture

"We wonder what the same interviews would be like in China or India or Russia?"

 People have no problem there buying precious metals from some douche out of the back of a van. If that's a good thing, you tell me.

Fri, 06/26/2015 - 10:01 | 6237363 BoredRoom
BoredRoom's picture

BEHOLD THE POWER OF THE SOCIALIST JEW MEDIA......

Fri, 06/26/2015 - 10:02 | 6237371 fedupwhiteguy
fedupwhiteguy's picture

NODebt said it first. The old adage of "If it sounds too good to be true, it probably is" applys with MD's approach. Out here in SOCal, we have down and outs in our faces daily. Pitching this and that or just asking for handouts. And the camera doesn't add anything to the trust factor.

Fri, 06/26/2015 - 10:17 | 6237435 A is A
A is A's picture

Proof that gold and silver are in a bubble.... lol

Fri, 06/26/2015 - 11:39 | 6237933 Al Bendova
Al Bendova's picture

While there may be plenty of ignorance in this video, I would probably seem ignorant as well.  But, I don't buy anything from people that walk up to me on the street with prices that are too goo to be true and I'm not walking into a shop where his friend will verify what he's saying.

Do NOT follow this link or you will be banned from the site!