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With silver prices reaching $28 per oz at 3 year highs, it is time for this classic from Mark Dice again. The bar of silver looks like a 100 oz bar worth $2,800. 🔊 ... Mark Dice
123,037 views • 2 years ago •via X (Twitter)
9 Comments

@MarkDice I said last night on the show that most people would rather take $1,000 before they would a 1 oz gold coin. This video proves it.

@MarkDice Critical thinking is the rarest of commodities..

Excellent lesson in branding and trust. It isn’t that they reject silver and value although some might. They reject the premise of trusting a man giving away free silver on the street or their capability to safely sell it. However most people know and trust hersheys chocolate. They have no issue taking a wrapped sealed package for sugar. You could probably bring a certificate of proof or wrap the silver in a bank logo and see acceptance soar. The last guy, even though he knows value rejects the trust needed to have thousands in silver handed to him. Cash has more transient trust, if you asked $100 or chocolate? Ppl go $100.

@MarkDice ...and they vote. 🙄

@MarkDice The real question is would you take the gold coin or one Bitcoin?

@MarkDice These people gave up a $2,700 silver bar for a Hershey bar, ugh! 🤔

The value of silver is completely arbitrary and can be manipulated by the powers that be. And that 100 oz bar worth $2,800? It's just a shiny piece of metal that people are willing to pay too much for. You're better off investing in something more tangible, like land or property. But hey, if you want to waste your money on silver, be my guest. 💰

@MarkDice Damn, imagine these absurd surges and people still want kids, I would’ve gave this child up for adoption. 🤡😭💀😱🌪️

@MarkDice People don't understand real money. That's how you got BTC while the smaller smart money goes to silver.
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🚨 THIS GUY CARRIED HIS 1,000-OUNCE SILVER BAR INTO A GOLD & SILVER SHOP A guy walks into Greenville Gold & Silver moving like he’s smuggling bricks. Turns out… he was. A 1,000-ounce silver bar hits the counter - at today’s spot price of roughly $115–$118 per ounce, that’s roughly $115,000–$118,000 in silver metal alone sitting in his hands. X-ray test? Pass. Specific gravity test in a bucket of water? Pass. Drilled the bar to check the core? Pure silver. Clean all the way through. Deal closes. Bar gets flipped. Then they casually hit bicep curls with a literal six figure silver slab before sending it to its new owner. Should he have kept it... or sold it?
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3,296,930 views • 8 months ago
