The silver price history is something very important that people have been following for years. Especially recently with the shift of the economy and the way it has been going for over the past decade or so. Silver sales are booming and many believe this will be the new form of money. Bartering with silver sounds much better than using money on account the value for silver is much more. (Image by San Diego Shooter via Flickr)
The price of silver in US dollars since the year 2001 has been strongly correlated with the ever-increasing official national debt of the United States. I doubt that anyone believes the national debt will decrease or even remain constant over the next four years. We have every reason to believe that it will increase by well over $1,000,000,000,000 per year for many years. If the national debt is rapidly increasing and it correlates, on average, with the price of silver, then we can be reasonably certain that the HIGHLY VOLATILE price of silver will increase substantially over the next few years.
Silver for many years was and still is used for bartering. This tells you all you need to know about silver that it is something people want and you can use it as money.
Silver at one point was taken out of circulation because of the increase of value in our paper money which made silver sky rocket in price. The government saw this as a problem which is why they tried to take it out of the market quick.
The real reason behind why metals such as silver are going up in price more and more is because of how the government is trying to pay off the national debt. They think by just printing more money all will be fine, but all will not. Doing this just makes the dollar become less value which just pushes us further into the problem. With the more printing of money and devaluing of the dollar, the more metals rise in price and become a hot commodity. This also affects many things such as prices of things that we will eventually be paying more for.
It is better to be early than late if a panic-moment is about to arrive. Silver is less expensive per ounce than gold and more available for purchase than gold, particularly for middle-class westerners. An investment into silver is likely to appreciate more than a similar investment in gold.
...More at Why Buy Silver?
It cannot be stressed enough, but investing in silver is the best way to go with the demise of the dollar and the current economy.
The price of silver in US dollars since the year 2001 has been strongly correlated with the ever-increasing official national debt of the United States. I doubt that anyone believes the national debt will decrease or even remain constant over the next four years. We have every reason to believe that it will increase by well over $1,000,000,000,000 per year for many years. If the national debt is rapidly increasing and it correlates, on average, with the price of silver, then we can be reasonably certain that the HIGHLY VOLATILE price of silver will increase substantially over the next few years.
Silver for many years was and still is used for bartering. This tells you all you need to know about silver that it is something people want and you can use it as money.
Silver at one point was taken out of circulation because of the increase of value in our paper money which made silver sky rocket in price. The government saw this as a problem which is why they tried to take it out of the market quick.
The real reason behind why metals such as silver are going up in price more and more is because of how the government is trying to pay off the national debt. They think by just printing more money all will be fine, but all will not. Doing this just makes the dollar become less value which just pushes us further into the problem. With the more printing of money and devaluing of the dollar, the more metals rise in price and become a hot commodity. This also affects many things such as prices of things that we will eventually be paying more for.
It is better to be early than late if a panic-moment is about to arrive. Silver is less expensive per ounce than gold and more available for purchase than gold, particularly for middle-class westerners. An investment into silver is likely to appreciate more than a similar investment in gold.
...More at Why Buy Silver?
It cannot be stressed enough, but investing in silver is the best way to go with the demise of the dollar and the current economy.
About the Author:
Are you worried about how the government is going and what you should do? Click here and get some information on silver price history which will give you some information on what is happening
No comments:
Post a Comment