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May 4, 2021 - Health Ranger - Mike Adams
23:11
Gold, silver and LAND... one of these is wildly overpriced
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Okay, this is Mike Adams here with a special financial and risk update for you.
Special podcast on that topic.
I've made a change in the advice that I'm giving people who ask me.
I'm not saying I'm giving you advice here, but this is something to consider and see if it makes sense to you.
All this time, for many years, I've been telling people To trade their dollars, which will be worthless one day soon, trade them for things that hold value, gold and silver and land.
And you've heard me say that probably many times, gold and silver and land.
And today, based on the current situation, I am changing that to removing land.
And here's why.
Now, there are some conditions to this.
But number one, you do need to own a piece of land that you live on, obviously.
So if you don't yet have that, that should be a top priority for you, in my opinion.
But again, you know, see if it works for you.
But if you already have a piece of land and you already have a roof over your head and you own your land and you own your house, then right now, investing in other pieces of land is Seems to be a bad idea because the land prices are so hyperinflated now, or at least inflated, in areas that would typically be considered desirable, which would be red states, you know, rural areas, red counties, basically free America.
Now, nobody wants to buy land near San Francisco, you know?
I mean, nobody wants land under the jurisdiction of Governor Newsom, not really, or Governor Cuomo.
So I'm talking about land that's in free America, which means it's got to be a GOP-controlled state legislature and typically a GOP governor.
So, you know, right now I wouldn't be buying land in Illinois.
I wouldn't be buying land even in Michigan, personally, until they get Governor Whitmer out of there.
Maybe she'll be going to jail soon.
We'll see.
But gold and silver are suppressed in their prices.
They are suppressed...
While land is inflated.
Everybody's trying to get out of the cities.
Everybody wants land.
And so land prices are very inflated.
Even the globalists are buying up farmland.
But gold and silver are artificially manipulated, of course, by the central banks and the globalists and so on, to keep their prices artificially low.
So the net effect of this is that if you really want to buy land, The best bang for your buck, in my opinion, is to buy gold and silver, hold on to them until the dollar collapses, and then you'll be able to buy 10 times as much land per dollar that you're spending today on gold and silver.
I'm looking at silver.
Now, this is my own personal assessment, and you can take it or leave it, whatever you think of it.
But I think silver is going to go to over $300 an ounce.
And I think that gold is going to go to easily over $15,000 an ounce.
And that's because the dollar is losing value.
It's not necessarily that gold and silver are becoming incredibly valuable intrinsically.
But rather, it's that the dollar is losing value.
But the dollars are already losing value, which is why everything is so expensive.
It's why land is costing more.
It's why lumber costs more.
It's why food costs more.
You've seen this at the grocery store.
It's not that all these things are becoming so much more valuable.
It's that the dollar is losing its inherent value very, very rapidly, which means that if gold and silver were accurately priced in dollars right now, since dollars are losing so much value, gold and silver should be at least five times what they're priced right now. gold and silver should be at least five times what I mean, if gold were $10,000 an ounce right now, that would be more reasonable.
It would be more in line with its actual value compared to the dollar that's eroding in value.
And, you know, if silver were $300 an ounce right now, that would be more in line.
That would be, in my view, reasonable.
So I think that's where it's going.
I think eventually things go to their real intrinsic value.
And that means, and by the way, I'm not the only one who says that.
Catherine Austin Fitz says that as well.
Many other people understand this same dynamic.
The dollar is going to go to zero.
And gold and silver are going to go to their inherent intrinsic value.
Which has a certain barter value.
Gold can be traded for things such as land or food or businesses.
You'll be able to, I think in the very near future, I mean, I don't know how many months or years away this is, but I think there will come a day in the not too distant future that you'll be able to buy an entire local business for a few gold coins, you know?
Or you'll be able to buy an entire ranch for a few gold coins.
Whereas today, that ranch might cost you, you know, a couple hundred thousand dollars in the future.
The gold will be worth so much in terms of dollars that you'll just be able to trade the gold straight across for the land.
In other words, the strategy as I see it right now is to put your wealth into gold and silver because they're suppressed right now, so it's cheap to buy these stores of value and then wait for the dynamics to kick in that will make gold and silver incredibly valuable in terms of being able to trade gold coins or silver coins for other physical goods that are the end products that you actually want.
For example, you'll be able to buy a car Like a really nice car with one gold coin.
That's probably a good standard to think about.
Now, again, this is my opinion.
I don't have a crystal ball.
I can't be 100% sure that this is the case.
But I see this happening.
I see the dollar collapsing.
I mean, look at the trillions of dollars in money printing that the Biden regime is pursuing.
I see the dollar collapsing.
I see gold and silver skyrocketing in real-world value.
I see people desperate to get their hands on gold and silver because those are things that won't be losing money Venezuela-style like the dollar will.
And I see, in the not-too-distant future, people willing to trade things of value for gold and silver, i.e.
land, vehicles, businesses, hotels, cattle, firearms, ammunition.
I mean, you won't be buying ammunition with dollars after the dollar collapses because dollars are worthless, but ammo has real value.
What will you use to buy ammo?
You'll use silver coins.
You know, you'll say, hey, okay, I need 400 rounds of 7.62 hollow point boat tail.
Let's say.308 match grade ammo.
I need 400 rounds of that.
And what's that going to cost me?
And then the other guy selling you the ammo might say, okay, that'll be 10 ounces of silver.
And you'll agree on that price.
And you'll make the trade.
And that might be about the right price for that, you know, 400 rounds of ammo for 10 ounces of silver.
But nobody's going to be trading in dollars because dollars will be pointless and worthless.
So to even talk about actually what is gold and silver worth in terms of dollars is a little bit misleading because the dollars are losing so much value.
Now, with all that said, where do you get gold and silver?
So I have for...
For decades, literally for decades, I bought gold and silver from dealers and people that I trust that send it to me via registered mail.
Now, the U.S. Postal Service has a mail, a guaranteed delivery, high security service.
I think it's called registered.
Maybe it's certified.
It's one of those two.
And I have never had anything lost by the U.S. Postal Service using that high level of service that's used to send even a case of silver coins, which, what is that?
Is it 500 silver coins, I think, in a case?
Yeah.
And I've bought that before.
And it's, yeah, it's pretty heavy.
It's like getting a box of bolts or something.
You know, it's pretty heavy.
Or a box of ammo.
I mean, a big box of ammo.
If you're getting 500 ounces of silver, you know, it's pretty hefty.
But the U.S. mail can deliver that.
And There are, of course, different gold and silver dealers out there that you can choose from.
I have a sponsor.
You've heard me mention their names before.
They're called Treasure Island Precious Coins.
You can find them.
Just go to metalswithmike.com.
Now, and I always try to clarify this, I don't earn anything on anybody's purchase there.
That's just a convenient URL. metalswithmike.com takes you to the Treasure Island Coins page.
But the reason I recommend them, and the reason I say, you know, give them, just check them out.
If you're shopping around for silver and gold, there's only a few places that really have inventory.
Make sure when you talk to those places, you also check out Treasure Island.
Because, you know, I have very high standards for who I allow to be a sponsor.
I've only got two sponsors right now on purpose.
And I have very high standards of customer service, and they have to deliver what they say.
They have to have it in stock or tell you when they're going to have it in stock, and they can't do bait and switch on you.
And I have a very firm agreement with this company for being our sponsor.
And then they provide funds that we pour into the R&D for Brighteon, which is great.
So when you support our sponsors, they provide funding that we use to invest in Brighteon.
Because Brighteon continues to lose money.
So, you know, we need all the funding support that we can get there.
And when you're buying gold and silver, just beware of bait and switch.
I've had this happen to me before.
I've had it happen.
Actually, there are a couple of things that annoy me.
About less than reputable gold and silver dealers.
One is the old bait and switch where you call them up and you say, hey, I want U.S. Mint Silver Eagles or U.S. Mint Gold Eagles, excuse me, or gold half-ounce coins or whatever.
And they say yes and they take your order.
But then what they send you is not U.S. Mint.
It's some other coin from some other mint that you've never heard of.
Now, if they tell you that up front and they say, oh, yeah, okay, we've got silver in stock, but it's from this other mint and here's how it's going to be stamped.
You know, it's like a Liberty coin or whatever.
If they tell you that up front and they explain this is cheaper than a U.S. mint because the U.S. mint coins are out of stock.
If they explain this up front, I have no problem with that because you're agreeing to that on purpose.
You're agreeing to, I mean, it's full disclosure.
It's just, I have an issue with dealers that say they're selling you U.S. Mint and then when you get delivery, it's not U.S. Mint.
I've had that happen.
In fact, I had one shipment one time from one company that I never bought from again that sent me all kinds of weird, random, like trash-looking silver coins.
I was like, what on earth is this?
They're not even from the same mint.
It's like a random grab bag of slightly tarnished, like, did these come out of somebody's basement somewhere?
Like, where did you even find these?
So just be careful.
You know, you gotta say, look, I want new coins.
You know, give me new coins.
They should be shiny.
Make sure, no, seriously, they should be shiny.
And the second thing that annoys me about gold and silver dealers, and this is where some of them get into some bad ethics, is when you call up, And you know you want to buy silver, let's say.
You just want silver.
Give me the best price for raw silver, maybe even a 100-ounce silver bar or several bars or whatever.
You just want silver.
And then the salesperson at that company starts saying, well, hey, have you heard about numismatic coins, you know, collector's editions?
And you're like, what's numismatic coins?
And then they try to steer you into these collector's coins that are five times the price per ounce.
But as they explain, they'll say, yeah, but this is like a 1927 gold coin.
It was licked by Wild Bill Cody or something.
And they try to sell you on it.
It comes with some certificate.
It's a museum-quality piece.
Basically, they're just bullshitting you.
I mean, in many cases.
I'm sorry to use the profanity.
They're just bullshitting you.
And you need to stop them and say, no, I just want silver.
Just shiny, clean, new silver rounds.
That's what I want.
And so I don't work with companies that do this numismatic bait and switch.
Because truth be told, I wouldn't even know what numismatic coins to buy.
I don't even know their value.
Unless you're a coin collector, you're not going to know.
Now, maybe some of you listening, you are a coin collector, and so for you, that's different.
Yeah, sure, you can invest in numismatic coins because you know what you're doing.
It's kind of like if you know the world of art and you want to buy and sell paintings that you think are worth a million dollars and you know that realm, go for it.
For me, I walk into an art museum and I'm like, ah, it looks like a cat jumped on a bag of paint and it bursted.
And it splattered the canvas.
That's not worth a million dollars.
I can make that in my backyard with goats and wild hogs with paintbrushes strapped to their feet and tails.
I can do that myself.
You know, that's my view of so-called fine art.
So I don't know anything about fine art.
But I don't pretend to, you see?
I don't pretend to.
If I walk in somewhere and somebody says, hey, you want to buy some fine art?
And this piece is an amazing, you know, avant-garde, super spatula, flinging, zero gravity, painted by an AI robot, transhumanist, whatever.
And it's going to be worth billions.
I'm like, no, thank you.
I didn't come here to buy your weird crappy art.
Actually, I'm looking for silver coins.
Do you know?
Like, where can I find silver?
Because at least I can recognize that.
I know what silver is.
So those are my two things about buying silver and gold.
Okay, so now, sorry I spent so long on that, but it's very important.
Some people are nervous about buying gold and silver from dealers online.
You don't have to be nervous if you go to a reputable dealer and you follow what I just mentioned here.
Just tell them straight up what you want.
Don't get steered into some weird thing like numismatic coins unless you know what collector's coins really are.
By the way, it's the same thing with firearms.
You can go to a firearms show And I've been in firearm shows, and I've seen, you know, there's like new practical AR-15s that should have a certain price based on their features, you know, a certain kind of bolt carrier group, certain kind of stock, you know, certain kind of red dot sight, whatever.
You can get an idea of what the price should be.
But then they have old firearms.
It's like, this one was featured in a John Wayne movie, and it's a six-shooter with a 12-inch barrel.
And you're like, what?
And then they're trying to say, that's worth $5,000.
And in my mind, I'm like, I don't know that that's worth five.
That's not worth anything to me.
You know, I'm not a firearms collector.
So I don't know what any of this stuff is worth beyond my ability to pick it up and use it for self-defense on my ranch, you know?
So I don't buy guns as a collector just because I don't know what they're worth as a collector.
Same reason I don't buy paintings as a collector.
Same reason I don't buy old cars as a collector.
I have no clue what that stuff is worth.
So keep it practical unless you have expertise in those areas.
Now, okay, back to my main theme here.
The scenario that I see playing out is that, again, right now gold and silver are suppressed, artificially suppressed, so they're basically a value deal.
Even at $30 to $35 an ounce for silver right now, let's say, which is not even close to that, but if you had to pay that to get physical delivery, still a deal, in my opinion.
Same thing with gold.
Even if you paid, you know, $1,800, $1,900, $2,000 an ounce, still a deal, in my opinion.
Versus where it's going to be in a couple of years or maybe sooner, depending on what happens.
Now, I'm not saying overpay for these things.
Get a good competitive price for sure.
And I demand that as well.
If I'm going to buy, and sometimes I've bought from my own sponsor, you know, Treasure Island.
If I'm going to buy from Treasure Island, say, you know, give me the best price, obviously, that you can have, that you can offer today for, you know, whatever, $10,000 worth of silver, whatever it is.
And they will quote me a price.
Same price they're going to quote you, by the way.
I don't get any, like they're not going to lose money selling to me either.
I mean, it's the same price.
But don't overpay, but also recognize that almost no matter what you pay, within reason, it's still a bargain compared to where this is going.
So again, the scenario that I see is that as this dollar collapse plays out, you're going to see gold and silver just skyrocket in value and especially in utility.
And then the challenge becomes, how do you safely use gold and silver to engage in barter transactions?
And that's another topic.
That's another podcast.
It's a very real thing.
Because if you show up somewhere, like at a local, I don't know, trading post or something, and you've got silver coins, you're trading silver for ammo, you also want to be discreet, because you don't want bad guys to be looking at you, you're flashing silver around, and they're like, hey, I bet this person has more silver, and then they try to follow you home and take your silver.
Right?
So this is why in order to protect silver, you need lead, which means you need to have a concealed carry.
You know, you need to be armed legally, of course, but you need to know how to use a pistol and be trained with a pistol.
And you need to have the magazines on you to be able to defend yourself because think about how crazy it's going to get when the dollar collapses.
It's going to be lawless.
If you think the lack of police is bad now, wait until a post-collapse scenario where the government's bankrupt and no government can even pay local police.
There will be no police.
It'll be every person for themselves.
And that's going to be a very, very dangerous situation.
You're going to have community level law and order.
It's going to be you and your neighbors defending each other.
And you're all going to need to be armed.
And you're all going to need to barter with each other.
So the economy at that time is going to be ammunition, silver coins, firearms, you know, beef from a local slaughtered cow or something.
Fresh water.
I mean, radios.
Anything you've got of value.
Fuel.
Gasoline.
Diesel.
A tractor.
A truck.
A car.
These things of value that you'll be trading along your local community.
And then your community members will also be involved in your common defense.
You might have...
Kind of a neighborhood defense group with AR-15s and AK-47s at the entrance to your neighborhood.
Checking IDs of everybody that's coming in, you know?
And setting up defenses against marauders and so on.
I'm not joking.
This is how this stuff can play out.
Or if you live in an apartment building, it might be security on the ground floor to get into the apartment building.
And you might have a security force there with some overwatch snipers on the roof, you know, looking down.
And who's going to pay those snipers?
Well, guess what?
You're going to need to contribute to that with some silver.
Will snipers work for silver in a collapse?
Oh, you bet they will.
They will absolutely work for silver.
But you need to be safe with your assets and you need to We're good to go.
The opportunities will appear, hey, I'll sell you my Dodge Ram truck for one gold coin or something like that, you know?
Or, hey, I'll sell you 100 acres of land for five gold coins.
Those kinds of opportunities are, I think, what will start to pop up.
And that's where your gold and silver will really be leveraged in terms of their long-term value.
That's the way I see it.
That's my assessment.
I might be wrong, might be early on the timing, but that's how I see it.
So take it for what it's worth and make your own choices, but be ready.
Be ready for a collapse.
I'm Mike Adams, the Health Ranger, naturalnews.com, brighteon.com.
Thank you for listening.
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