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Will a gold bar buy a case of beer? — Felix TV | Gold Investment Deals

Will a gold bar buy a case of beer? — Felix TV

November 18, 2012 by  
Filed under Gold Deals


Gold bugs claim gold is better than cash, so Reuters finance blogger Felix Salmon took to the streets of New York City to try to buy something — anything — using one gram of gold. (April 27, 2012)

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Comments

24 Responses to “Will a gold bar buy a case of beer? — Felix TV”
  1. ho1810 says:

    What a bell end

  2. Bresto88 says:

    lol you’re so stupid. Do you know that since Nixon became president the Federal Reserve just creates money out of thin air! The dollar used to be pegged to gold but now it’s just a fiat currency.

  3. JakeVIZ says:

    Tradition? Do you not understand what the gold standard is? Are you serious?

  4. JakeVIZ says:

    Im self employed; I take gold as payment. Its all about purity an weight.

  5. JakeVIZ says:

    What a stupid effing video…of course business’ set p for credit debit and cash dont take gold…go to Liechtenstein and te banks still have gold windows like Switzerland. Your ignorance and misinformation to the public is wrong. Fiat currencies and their manipulation (george soros for example) are exactly why it is what it is….remember gold is the ONLY investment that is NOT simultaneously someone else liability.

  6. Epoh Hope says:

    Well now, aren’t you misinformed? Gold has industrial applications, and more and more will be consumed and end up in landfills overtime shortening the earths supply of gold. For instance, MANY diabetic test strips contain traces of gold, and millions of people test their blood AT LEAST three times a day. That’s only ONE application for gold in TODAY’S world! Silver and gold will only go up and up, as history has shown. You won’t get rich quick but it sure can help you get there.

  7. Fredway Bilsnet says:

    The economy’s based off of paper fiat. You won’t be able to buy anything with gold until the dollar becomes utterly worthless. lol

  8. Romulan112 says:

    Attention people, if you have gold sell it and put the money either in : Stocks, T bills, bonds, or savings. Stay away from gold. Its just an ancient relic. What ancient man used for money for thousands of years. You can’t buy anything with it. The only people that have it in great quantities are the central banks (Federal Reserve). They buy it only for tradition according to the Federal Reserve Chairman. LOL

  9. boy577 says:

    LOL the women thoguht he was crazy whyyyyy?

  10. masterofminecraft1 says:

    You can defend yourself with gold much better than with money. It’s heavy stuff.

  11. zaczattack says:

    They weren’t even concerned with the gold for the second two, they were concerned with the camera which had nothing to do with the gold. The first guy didn’t take the gold because he had to deliver the beer to the store. He wouldn’t of excepted cash either because he would of gotten fired for that as well.

  12. IgnoredBunion says:

    This could in fact be the dumbest video on youtube.

  13. Dutchguy74 says:

    proponents of gold money have done the same thing, one guy used a 1 ounce coin worth about $ 1500 dollars and tried to buy anything with it, at taco bell, sever shops, tried to sell it to people on the street for $ 20 no one wanted the gold coin. He then at the end of the video, called all these people brainwashed because they failed to appreciate sound money. If anything these videos prove that at the moment gold is a bad currency

  14. RedTailedTuna says:

    You have to go to independent businesses and talk to people of some authority to buy stuff with gold

  15. TheSparkjive says:

    I bet Felix is stacking like a mofo right now =)

  16. S3v3n13tt3r5 says:

    Maybe they’d take the offer if it wasnt a weirdo offering a small bag for things

  17. undeadpresident says:

    Try trading people a gram of crack I’m sure you’ll have more success with that.

  18. JPMorganMustDie says:

    What about taking it over to the Chase Money Changers, or would be we only accept real currency here.

  19. esolorzano100 says:

    Try buying a toy, beer or food with your payroll check, of course you cannot. your payroll check or gold need to be converted to cash before goods can be purchased. This does not mean that a valid payroll check or gold are not money, in short they just need to be converted prior to goods or service being obtained. This video was STUPID !!!! Buy gold and silver.

  20. CodenameOnyx says:

    proof that big corporation will collapse once the dollar collapses. if you don’t have gold and silver, you will not be able to trade.

  21. Wes T says:

    stupid wage slaves haha

  22. rallycsx says:

    Do the same video at a farmers market or any market that is not restricted by the rules of corporations. This video is garbage!

  23. Mimi Miyagi says:

    I’ll make 3 sandwiches for 1 gram of gold all day long. Wow!

  24. bigdad06 says:

    Great video! Smart businessman in New York!:))

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