Mark Dice tries to sell $1100 one ounce gold coin for $50; no takers

well informed people

LOL

Stupid mutts.

What it shows me is people are broke and carry no money but credit cards

If he approached me, I would think the coin was fake. I don't think this video really proves anything.

I really doubt it's that they don't have the cash, I'd say it's more they are thinking that the strange looking guy with a camera nearby is trying to pull a fast one on them.

good point

And more to the point, cash has value now. No one accepts gold as currency at it's value, if you need food or water or other supplies that gold coin is worthless, especially if TSHTF. This guy has a hard enough time selling it for far below it's actual value, when the dollar becomes worthless this is just another hunk of metal, it won't mean crap.

I kinda laugh at the people hoarding gold, thinking it's gonna save them when times get tough. When those times arrive people will be trading in good, not worthless "precious" metals.

Good luck during the recovery...

I think that that the people that Mark is asking, are not so much apathetic towards what he is selling, but cannot
rationalize the value and the methods behind attaining it.

As Mark mentions half way through the video, you can take
the coin into a gold shop for it's market price.

However, even though some are versed in the price, and some are not, they are unaware to where the gold shop is located, who else would be interested in the coin, and even if they
had 50 dollars on them, how could they appraise the gold?

Yes, they could use their eye. Fair enough. However, a street vendor in 21st century America, with a microphone and a camera, whose goal it is to make people look apathetic, is apathetic in his own estate, because he is apathetic
towards the reasoning behind their distrust in his sales.

It's shocking to hear that this piece of gold is only
worth thirty dollars, and he has a smile on his face
while he selling the product, unlike a business man
who is confident in his or her sales, her customers
and the value of the product and the reason behind selling it.

Mark is conducting a comedy sketch, not a business pitch.

Mike Burry, the 8B dollar man who profited from the collapse of subprime mortgages in the consumer loan market in short positions and long inverse index' most likely, told Bloomberg that he is buying gold and land. Perhaps he is beginning a bank. All I can guess is he is buying paper gold, until it crashes. Like the silver market. When it's 22.54 in 2014

Sure it has perceived value, which was born from its original intent of being a paper coupon which would be exchanged for actual gold or silver within local economies.

Thousands of years of silver and gold use, regardless if you like them or not, have already defined them as real currencies. These metals are "goods". While you can't eat them they are accepted as units for trade and thus become recognized as money. Carrying rotting fish around looking to trade with a blacksmith isn't exactly going to be much of a trade.

Anyway, judging by your comment I'm probably just wasting my time but it was worth a shot.

Physical is becoming more "expensive" in dollar terms. I've also noticed that the quality of numismatic coins has fallen but prices are going higher. Modern minted coins still have some premium assigned but are almost always priced on the paper

at least they could have asked if it was a canadian maple or otherwise and asked to examine it.

i know shysters might pull that. but noone even asked to look at it.

my first thought is how can you tell if its real or not...

NOT everyone is a gold digger K

you cant eat gold you cant buy with gold either..

-Some good comments here.

I too wouldnt trust some guy with a camera and his (potentially fake) coin for $50...Not one bit.

Fucking scams everywhere these days. Hell, I sold a PS3 on Craigslist and someone tried to scam me by telling me they could only pay direct deposit to my bank account (and wanted my details)

It seems like everyone is out to scam these days and if random guy with a camera makes me out to be a fool for not taking a 1 oz Gold Coin for $50...So be it. Maybe next week I will try to go to that same spot with an iron Pyrite (fools gold) Coin and see how quick people jump on it for a mere $50...Personally, I think anyone who took the deal would have been foolish unless they had a keen knowledge of testing Gold (which is quite complex)

About 2 years old, but still entertaining.

I did this 2006 with a once once golden buffalo coin at a flea market I offerd the $50 gold piece to a woman and man for some used clothes, everything they had on the table. I gave them the gold coin to hold, the delcined the ovver so I gave them $4 instead for some pants and shirts.

Ultilmately I three the coin off the I55 bridge In Saint Louis in the Mississippi River.....

American sheeple are about the dumbest people on earth when it comes to the true value of REAL money.

They'd suck a dick for $100 bill that costs the gov't four cents to make but wouldn't pay $50 for a 1 ounce US Gold coin worth $1750 in cash (today's price).

Same dumb asses sell their gold jewelry to Cash 4 Gold for $16 - $145 per ounce.




HAHAHAHAHA

Its a hedge for savings dumbass.

look it up.

Jesus H tapdancin christ. If you are too stupid to go into a shop with it.. ask to use the internet to look up the weights and measurements and check them.. you deserve to get fuckin scammed.

not ONE of those fuckin dolts even had a passing thought about checking it.. not one.

He was intentionally deceptive. Laughing like it's a joke. Saying it's worthless Canadian money. He wanted people to respond that way and it looks like he's been highly trained.

It's because when someone comes up to you on the street trying to sell an $1100 item for $50 they're generally trying to rip you off.If someone did buy this I'd call them a gullible dumb ass buying a fake.

NITWITZ

The "elite" have done their job.

people are so stupid, that they don't even WANT gold.

And that is just FINE with the "elite".

for the nitwitz

Mark dic is a cointelpro shill

He was given all the evidence on host from Texas and stew Webb and of course played the ignore game and ignored tons of emails to his fb and site

He's a big fake just like rudowsi and host from austin

He also lied about John Todd and said he was a fake which is just what a satanist or or somebody working against Christ would do.

Mark dic is a cointelpro shill

He was given all the evidence on host from Texas and stew Webb and of course played the ignore game and ignored tons of emails to his fb and site

He's a big fake just like rudowsi and host from austin

He also lied about John Todd and said he was a fake which is just what a satanist or or somebody working against Christ would do.