Metal vs Currency

Originally posted by AsbestosFlaygon
The thing Mark was trying to prove in the video was how shallow this generation has become, valuing gratification over actual worth. It was a social experiment that showed the flaws of American society, their lack of knowledge of the actual worth of precious metals.

It would only take a minute or two with a careful eye to see if the gold he was selling was real or not (unless you have no interest in gold whatsover, which I assume most of these civilians did.)

And the experiment is extremely flawed.

Originally posted by Time-Immemorial
?

Originally posted by Newjak
I've been reading this thread and I'm trying to find the central point of it. What are you trying to prove?

Nothing to you, don't worry, it will be ok.

Originally posted by Newjak
Are you trying to say people need to/should know what the gold exchange rate is?

I think it's this one.

Which I don't understand.

How is the value of gold relevant, outside of people randomly offering it to you on the street?

you are claiming one currency has more value than another when in objective reality, neither have any intrinsic worth, as the only thing with real worth is the products you buy with (x) form of currency, no matter what it's form. In terms of value, Metal=Paper.

Originally posted by Time-Immemorial
Nothing to you, don't worry, it will be ok.

I'm wondering what it is before trying to assume what it is.

Originally posted by krisblaze
I think it's this one.

Which I don't understand.

How is the value of gold relevant, outside of people randomly offering it to you on the street?

How is anything valuable then, if your going to take the value of gold away, then take it away from literally everything else too, because most things are made with gold, like our entire industry and world. Electronics.

Originally posted by Newjak
I'm not saying you're trying to prove anything to me, but it does seem like you are trying to prove something.

I'm wondering what it is before trying to assume what it is.

Cool

Originally posted by Lestov16
you are claiming one currency has value of another when in objective reality, neither have any intrinsic worth, as the only thing with real worth is the products you buy with (x) form of currency, no matter what it's form. In terms of value, Metal=Paper.

The value of the dollar can never go above a dollar, but the value of gold can go up against the dollar, this is common cents stuff my man.

Originally posted by Time-Immemorial
Here is an even better one.

Note this gold is actual legal tender in the US.

YouTube video

What an idiot. Anyone willing to give away something that valuable for a taco needs their head examined. Unless of course he was starving to death which I doubt.

Originally posted by Star428
What an idiot. Anyone willing to give away something that valuable for a taco needs their head examined. Unless of course he was starving to death which I doubt.

Haha, yea but I think he had his bases covered off peoples general ignorance. Hell he has a video asking people what political party Obama is in, and they said they didn't know, some said republican😂

Originally posted by Time-Immemorial
How is anything valuable then, if your going to take the value of gold away, then take it away from literally everything else too, because most things are made with gold, like our entire industry and world. Electronics.

I asked what the point is in knowing the value of gold? How is it relevant to you?

I don't know the value of any material, be it silver, wood, gold or whatever.

Originally posted by krisblaze
I didn't say it wasn't valuable.

I asked what the point is in knowing the value of gold? How is it relevant to you?

I don't know the value of any material, be it silver, wood, gold or whatever.

It would be relevant if you wanted to buy some. Much like anything else.

Originally posted by Time-Immemorial
It would be relevant if you wanted to buy some. Much like anything else.

Okay.

But if people wanted to buy some, wouldn't they look up the value?

Is that the purpose of this video, ridiculing people who do not intend to buy gold for not having preporatory knowledge used when buying gold?

Originally posted by Time-Immemorial
The value of the dollar can never go above a dollar, but the value of gold can go up against the dollar, this is common cents stuff my man.

A dollar can potentially have more buying power than an ounce of gold though.

Originally posted by krisblaze
Okay.

But if people wanted to buy some, wouldn't they look up the value?

Is that the purpose of this video, ridiculing people who do not intend to buy gold for not having preporatory knowledge used when buying gold?

You seem to be missing the point.

There was a guy that had headphones on. Mark asked him "How much where those" he said $150. The guy said he didn't have any money to buy the silver for the cheap price, but obviously had money to buy the shut out the world headphones which seemed to be more important.

Now, any idiot should know that a silver bar is worth more then 99 cents.

Also if you saw a silver bar laying on the street, would you pick it up, or just leave it?

People have been removed from the simple things.

Originally posted by Bardock42
A dollar can potentially have more buying power than an ounce of gold though.

Nope. Never.

Methinks the point of this thread is to prove that precious metals hold their value better than most forms of currency.

Originally posted by Time-Immemorial
You seem to be missing the point.

There was a guy that had headphones on. Mark asked him "How much where those" he said $150. The guy said he didn't have any money to buy the silver for the cheap price, but obviously had money to buy the shut out the world headphones which seemed to be more important.

Now, any idiot should know that a silver bar is worth more then 99 cents.

Also if you saw a silver bar laying on the street, would you pick it up, or just leave it?

People have been removed from the simple things.

But you understand that people are worried about being conned or somehow taken advantage of. Almost always, if a deal is too good to be true, there'll be a catch.

I know the ballpark price of an ounce of gold, but I don't keep up with it regularly, nor do I invest in gold or wear jewellery, so I feel unable to tell whether something is gold with certainty irl. And I would be wary as well, when someone approaches me with any sort of agenda

Originally posted by AsbestosFlaygon
Methinks the point of this thread is to prove that precious metals hold their value better than most forms of currency.

Yea, I said that in OP, however people went left. I mean thats the way it is. Headphones on an all.