How to Guard against Hyperinflation

How to Guard against Hyperinflation - Past and Present

Рет қаралды 18,971

Ай бұрын

In today’s video, we look at the role of gold as the world’s oldest money and a steadfast asset during economic crises. From its origins as the first minted currency in ancient Turkey to its role in today’s hyperinflation scenarios, gold has proven its enduring utility and value. We explore how gold provided a lifeline during Germany’s hyperinflation in the 1920s and how it continues to safeguard wealth in modern-day Turkey amidst economic turmoil. Join us as we uncover why gold remains the ultimate financial safety net, transcending generations and geopolitical boundaries.
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Пікірлер: 59

@danielbbq Ай бұрын

It is time that we change our thinking from price to value. Price is what you can get for dollars. Value is what you get for real money, gold. Measure Your Wealth in Ounces, Not Dollars. Something most Americans don't understand. Thanks for this video.

@Slim1962 Ай бұрын

Silver has been around a very long time too. Gold has been called the metal of kings and emperors. Silver has been called the metal of the poor working man.

@antpoo Ай бұрын

Watch the ABC of Money by Andrew Carnegie, See if you still think the same if silver

@cultureofcurrency Ай бұрын

I always thought the Mesopotamian Shekel was the first "money" and was to note the transaction value of barley. Maybe not. It would have likely been silver to my understanding, eventually leading to gold. Silver was easier to find and manufacture (unless you were in Egypt). Gold became the standard for some times as we know. It is funny to note that the scarcity of silver in Egypt led to a time where it was more valued than gold. Some experts believe that the ability to entertain and show off the building of your elite spaces led to the value of gold and silver...Things like candle holders and guided statues were a flex of the leaders of the original leaders of empires and thus adopted elite value....So many cool paths of history that got us here today!

@88amona Ай бұрын

Amen 🤙

@Disinfective_Vibes Ай бұрын

Well done! Perfect work 👍👏

@Star-Light.4- Ай бұрын

I really enjoyed this history lesson! Thank you!

@raybans8712 Ай бұрын

Agreed very interesting and well presented

@MediumDavidBaker Ай бұрын

❤ this video. I watch them all, but would like to see more like this one. Thank you APMEX!

@lawrencelatorre7447 Ай бұрын

Superb video. Great information and history lesson!

@88amona Ай бұрын

Came for the gold. Enjoyed the history lesson.

@hugohabicht9957 Ай бұрын

Well done. There is nothing to add

@sed6 Ай бұрын

Germans at 40% gold?! That's the perfect reason I need to move higher in my holdings!

@apmex Ай бұрын

Germany has gone through half a dozen different currencies since WWII. It makes a lot of sense once you realize how much change they've experienced.

@sumitomoO0O Ай бұрын

Turkish inflation has been under reported since 2021. Government replaced the people (Institute of Statistics) who measures inflation and instructed them to under report, because government has to adjust all salaries, pensions by the inflation every 6 months. This way people's salaries increased much less than inflation and it cost the ruling party of 22 years to lose the local elections. There are research groups and universities measuring turkish inflation at 130% today not 68%. The houses I bought for $42K in Turkey now sells for $120K in just 3 years, there is the real evidence

@kennethflores-hv7uf Ай бұрын

How are the food prices there? I also heard people were forced to turn in their gold, is that true?

@mikhailkalashnikov4599 Ай бұрын

Very well done.

@HaviccB Ай бұрын

The price of gold is being artificially held down though?

@eacord6499 Ай бұрын

Great video

@usptact Ай бұрын

Great and very informative video! Please do more videos like this!

@apmex Ай бұрын

You got it! We're looking for opportunities to tell these stories more often.

@kittenluvzu Ай бұрын

so is paper gold held through a fund better than physical gold?

@JUST1N888 Ай бұрын

Great video thank you

@apmex Ай бұрын

You're welcome! Thank you for joining us!

@DWMurry Ай бұрын

🎯

@Mat-zd2cn Ай бұрын

Very good documentary

@apmex Ай бұрын

Thank you! We're glad you're enjoying it!

@lowbloodprsure Ай бұрын

Kilo bars are the best from apmex.

@nicholasblakiston6297 Ай бұрын

Money forms as a natural market process to facilitate exchange, savings and investment; no government is required to instill it. Even in prisons, the most highly regulated economies in existence, money has formed in the form of cigarettes, stamps, etc. Gold has just had the best properties to serve as money and thus, it has become money over and over again. Even in times when it is not used as money, it is recognized as valuable and displayed as a signifier of wealth. Its utility as jewelry is at least as old as its utility as money. And in times when fiat currencies fail, it becomes a store of value everyone seeks until it becomes used as money again.

@v0ski Ай бұрын

Ancient Armenia = Modern day Turkey

@johnnyb3126 Ай бұрын

🥈🥇👍

@RichardPeterShon Ай бұрын

Miss direction is silver , gold is too expensive right now

@RichardKing-sx6xc Ай бұрын

History rhymes... 🙏🙏🙏

@UnknownUser-sc6jx Ай бұрын

Correction aeound the black sea closer to russia was the first gold coins

@Cassander314 Ай бұрын

There’s only one currency with intrinsic value and it’s the work of young men. You would know that if you studied history and weren’t trying to hedge your bets

@tightwad Ай бұрын

I'll bite, how is the work of young men the only currency w intrinsic value?? What age is no longer young, 30? Is young female work worthless? Young men can be out-worked/skilled by 60yr olds, so is there some quantitative value only young men add to their work ? What if a young Trans-Male does said work? I do concede that Men can do most things better, faster, and some work that no women seem capable of. And how is said work $Currency.

@juozasmartinkus8033 Ай бұрын

👍👍👍👍👍

@hedgehog_fox Ай бұрын

Gold is flawed bitcoin.

@antpoo Ай бұрын

Most if the ppl watching probably don’t even own a home, or even have a mortgage. Why would they bother with gold?

@PA_hunter Ай бұрын

Well, however much money someone does have, they could convert some of it to metals as a way to diversify.

@utubedude2842 Ай бұрын

Gold may have done that pre-technology. It does nothing for you today. Think how much currency was printed the last 6 years, yet gold hasn’t budged.

@88amona Ай бұрын

Hasn't budged? How so? I don't see anyone throwing it in the trash 😂 if anything financial institutions and governments are hording and dealing with gold.

@88amona Ай бұрын

Where all the people throwing it away. I'll take it 😂

@David-hb1ik Ай бұрын

1850 to 2350 in 5 months.