The most sound way to look at "buying" gold and silver is to think of it as trading in worthless paper for REAL money, while you still can for next to nothing.* Though silver and gold could very well become the investment of a lifetime over the next 5 years (?+), the reason to buy it now is that regardless of when the mob decides to leave the burning building that is the house of fiat currencies, or who is the last out, the dollar (and with it the fiat currency system) is burning itself down AS HAS ALWAYS HAPPENED IN ALL MODERN HISTORY with fiat currency "experiments." But it will be worse this time, not b/c this is the first time a govt has pulled this fraud on its people, but b/c this time almost ALL (if not all) of the largest (and even the smaller) industrialized countries' govts have done this to their people ALL AT THE SAME TIME!!
......................... *Some have gone thru the math and come up with a number >$50,000/oz just to back up the number of FRNs out there with gold, but that doesn't even begin to monetize all the derivative debt out there that is turning into real debt faster than the Fed and our Treasury can give our great grandkid's money away to their bankster. Looking at silver...with an historical ratio of silver:gold of ~1:15-20...at a ratio of now >1:60...we already need silver to triple compared to gold. Then consider that 80% of all silver mined is consumed in industry, that all known above ground hoards, including the govt's, have already been sold into the market, the numbers say silver is rapidly approaching the scarcity of gold (and remember, gold for the most part is not destroyed in use, as the majority of silver is...in industry, the amounts used are too small to warrant salvage, but billions upon billions of tiny amts are constantly used up in electronics et al, for example). .........................
The dollar, the euro, and the yen will all collapse. And then?...what will take its place? Same thing that always does...when the impostor is run out of the kingdom, the REAL king is given back his scepter and a new era begins...with King Gold on the throne once again, with silver as prince. What's it gonna look like?...hard to know, but likely there will be a gold standard with paper certificates backed by gold with price of gold set at so many of those certificates per oz, or said the other way around, fractional oz of gold per varying certificates. Same with silver.
As far as "elected politicians"...they've been bought and sold a long time ago. Thru trickery and deceit and lame-session timing and the lack of cajones of our elected officials in 1913, the Fed (against which the Founding Fathers had warned in no uncertain terms) and thus the banking houses of Europe weaseled their way in until they finally completely took over control of the money supply of this country, and thus of the government of this country. Elected officials no longer make the important decisions...just as Nathan Mayer (Bauer) Rothschild (and his father and grandfather before him) said, and I paraphrase, "I care not who sits on the throne of England. He who controls the money supply controls the throne, and I control the money supply."
And so it is today. This election is a joke...we are given the choice by the powers that be (TPTB) the choice of two unacceptable candidates, and if we vote, it will be for the one we believe to be the lesser of two evils, not someone who has ANY plan whatsoever to stop this destruction of our economy and country, clean up the mess, and set us on a solid footing...all of which would have to begin with shutting down and cutting of the Fed's powers and taking back the power held by TPTB, the Shadow Govt, and giving them back to the people and their representatives (after kicking out the fatcat paid off aristocratic wimpy "representatives" currently feasting on our dollar in DC). jt
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
Well said, Kelly. User 30121, it is frustrating, but don't give up. Every person has his/her tipping point, or reallife encounter, where all of a sudden the lightbulb goes on. Often the staunchest naysayer then becomes the staunchest proponent for the position s/he was just lambasting. Such is human nature, I'm afraid--"if i don't know it, it's not true." Most don't consider the possibility that they're ignorant...and I've found that the strongest opinions are put forward by the most ignorant. So keep putting out the facts for those who WILL read and think. Don't get stopped out by the naysayers...they will always be there...and those who actually KNOW as always will be in the minority. Some will have to learn the hard way...and it could get VERY hard very quickly now. jt
Freddie's Loss is Gold's Gain [View article]
.........................
*Some have gone thru the math and come up with a number >$50,000/oz just to back up the number of FRNs out there with gold, but that doesn't even begin to monetize all the derivative debt out there that is turning into real debt faster than the Fed and our Treasury can give our great grandkid's money away to their bankster. Looking at silver...with an historical ratio of silver:gold of ~1:15-20...at a ratio of now >1:60...we already need silver to triple compared to gold. Then consider that 80% of all silver mined is consumed in industry, that all known above ground hoards, including the govt's, have already been sold into the market, the numbers say silver is rapidly approaching the scarcity of gold (and remember, gold for the most part is not destroyed in use, as the majority of silver is...in industry, the amounts used are too small to warrant salvage, but billions upon billions of tiny amts are constantly used up in electronics et al, for example).
.........................
The dollar, the euro, and the yen will all collapse. And then?...what will take its place? Same thing that always does...when the impostor is run out of the kingdom, the REAL king is given back his scepter and a new era begins...with King Gold on the throne once again, with silver as prince. What's it gonna look like?...hard to know, but likely there will be a gold standard with paper certificates backed by gold with price of gold set at so many of those certificates per oz, or said the other way around, fractional oz of gold per varying certificates. Same with silver.
As far as "elected politicians"...they've been bought and sold a long time ago. Thru trickery and deceit and lame-session timing and the lack of cajones of our elected officials in 1913, the Fed (against which the Founding Fathers had warned in no uncertain terms) and thus the banking houses of Europe weaseled their way in until they finally completely took over control of the money supply of this country, and thus of the government of this country. Elected officials no longer make the important decisions...just as Nathan Mayer (Bauer) Rothschild (and his father and grandfather before him) said, and I paraphrase, "I care not who sits on the throne of England. He who controls the money supply controls the throne, and I control the money supply."
And so it is today. This election is a joke...we are given the choice by the powers that be (TPTB) the choice of two unacceptable candidates, and if we vote, it will be for the one we believe to be the lesser of two evils, not someone who has ANY plan whatsoever to stop this destruction of our economy and country, clean up the mess, and set us on a solid footing...all of which would have to begin with shutting down and cutting of the Fed's powers and taking back the power held by TPTB, the Shadow Govt, and giving them back to the people and their representatives (after kicking out the fatcat paid off aristocratic wimpy "representatives" currently feasting on our dollar in DC). jt
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]