Once I discovered the true value of silver, I quickly adopted this slogan:
Buy as much silver as you can carry, and as much gold as you can afford.
Basically, once you’ve completed your preparations, take any money left over and buy as much silver as you could carry in your bug-out bag. Then, buy as much gold as you can – with what’s left of your fake fiat dollars. And, if you don’t intend to ‘bug out’, forget the gold and just buy silver.
Silver is vital to industry, in incredibly short supply and tremendously undervalued. I can’t think of a better deal, right now, than silver.
Oh, and as I talked about yesterday, it may crash our financial system.
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Silver – Miracle Metal of the Apocalypse
When I was in the investment industry in the ’90s, I was like every other investment manager out there:
a precious metals skeptic
Well, I stopped being a skeptic when I realized the danger of our current situation. We are in it deep, and sinking fast. If we are to have ANY future, we must check out of the fake financial system, and get into something real.
Now, that doesn’t need to be precious metals. It could be anything like farmland, copper ingots, or really pretty rocks. If you have special knowledge in such areas, and feel that it would hold value in the midst of chaos… go for it.
My own knowledge is pretty much limited to the Bible, finance, technology and war. So, don’t take my silver recommendation as gospel truth. In fact, take EVERYTHING that I say to the Lord in prayer. There’s no hope for any of us without God’s direction.
Silver – The Miracle Metal
But, why do I call silver a miracle metal?
Well, take a look at this picture:
The above picture comes from:
If you want a closer look, here’s a direct link to the picture itself:
Silver Is More Rare Than Gold
Never in the history of mankind have we consumed so much silver. And, when I say ‘consume’, it literally is being devoured by industry. Very little of the silver that we use to produce our electronics, solar panels and other products is recoverable. This means that it is disappearing.
Did you know that there is ten times more gold in the world, than silver?
It used to be the other way around.
According to the Silver Institute, inventories of silver are declining by about 100 million ounces a year. And, last I checked, we only had 450 million ounces in our inventories. (And, that’s assuming that JP Morgan, et al., aren’t lying about their inventories.)
Compare that with the five BILLION ounces of gold in precious metals inventories, and you see that silver is… interesting.
Silver Inventories Rapidly Tightening
But, don’t take my word for it. Take a look at a few articles that have appeared recently:
One of the biggest reasons why silver inventories are being depleted is price suppression. Eventually, this manipulation of the price of silver will fail, and I talked about that in yesterday’s article:
The question, of course, is all about WHEN. Well, that shouldn’t matter to you. The time to prepare is NOW.
The End of Silver Manipulation
Oh, and let me add this video to emphasize the idea that the end of precious metals manipulation is on the horizon:
YouTube shortlink: http://youtu.be/1eOSUWUTfgA
However, what Bill doesn’t add in that interview, is what would happen if/when silver manipulation is forced to end. It would come about as a result of a default in silver contracts. As I wrote yesterday, it would cause a tsunami of derivative contract failures. Banks would fail and financial value would be wiped out in just minutes.
And THAT is why I call silver, a:
Miracle Metal of the Apocalypse
I truly hope that you’ll be ready for this
(That’s a link. There’s not much time left.)
A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished. – Proverbs 22:3
note – I am not offering financial or disaster preparation advice in a professional capacity. These are merely my own thoughts on what I would do in these situations.
If you find a flaw in my reasoning, have a question, or wish to add your own viewpoint, leave a comment on the website. Your input is truly welcome.
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