Massive fraud, universal deceit, blatant corruption. These are not days for the faint of heart. Physical silver can help you to financially prepare for what is yet to come.
Silver/Gold is NOT AN INVESTMENT. The purpose to buying is not to wait for a higher price and then sell.
It is a simple and pure storage of wealth. In 1920, a $20 gold coin could buy you a nice suit while at the same time, a $20 Bill (which could be exchanged for that gold coin), would buy you the exact same suit.
Today, a $20 gold coin will STILL buy you that same nice suit whereas a $20 bill won't even buy you a nice tie.
It stores wealth. It keeps value. Fiat currency DOES NOT.I intend to acquire gold and silver (platinum? copper?), but surely the intent in doing so should not be to simply hoard it, or trade it for paper money later, but to use it to trade with other like minded people, to get off paper money like we must get off oil.I own physical silver. An interesting confirmation of this video could be seen on 12/15/2010 on 'Fast Money'. The regulars lambasted Peter Schiff and then went on to defend JP Morgan whom Schiff never mentioned. All he mentioned was buying silver and precious metals. Coincidence or damage control? Decide for yourself, I always do.
Sunday, December 19, 2010
Sterling Silver
Bernard Chapin here with Volume of Chapin's INFERNO 526 Sterling Silver..Of course silver has practical value... It is ordained as real money, and has existed as such for over 6000 years... Those who have it, will not starve as long as there is food out there..Silver It is one of the very best antibiotics on earth. You can make colloidal silver or use it as as silverware to prepare food and eat on to kill bacteria. Just something to know. Oh, and in bullet form will kill a werewolf, lol.
Hoard those women's shiny baubles, and one day sell them to an entrepreneur making solar panels or water purifiers. I grabbed 3 one ouncers today, despite the high price, to give as gifts this week. However, I'm pretty far from selling my stack, unless it's to get friends or associates into the game with a couple ounces.
Hoard those women's shiny baubles, and one day sell them to an entrepreneur making solar panels or water purifiers. I grabbed 3 one ouncers today, despite the high price, to give as gifts this week. However, I'm pretty far from selling my stack, unless it's to get friends or associates into the game with a couple ounces.
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