Watch Mark Dice fail to practically give away a 10oz bar of silver while standing right in front of a coin shop. Passersby were either too lazy or too dismissive of the silver's worth to even get the bar appraised. As Phil writes, if you think that "hoarding physical metals (gold, silver) will keep you safe in a market collapse, let this be your valuable lesson for the weekend. This is why I crack up when people tell me they keep a supply of gold coins or silver in a safe 'just in case.' If paper money becomes worthless, I advise people to have a stockpile of water filters instead."
If you can't trade a $160 bar of silver for a half drunk latte or bowl of noodles now, wait until the end of the world is really upon us.
How Much Is $160 Of Silver Worth To The Average American? (Hint: Less Than $10)
Courtesy of ZeroHedge.
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?
