New Friends are Silver and Old Friends are Gold

Gold

A classic song by Sue Lynch

Friends are important, they give our life meaning and bring us happiness and joy. They are there for you when times are tough and they are there for you to celebrate when times are good.

In order for you to be happy, you must share with others.

In your life you will have old and new friends. Both are worthwhile and one may be worth more than the other. New friends are Silver and old friends are Gold. They will always be there for you, never failing on you, never turning their back on your. Be humble and enjoy the new silver friends, but always cherish those golden friends.

A unique and safe way to invest in gold and silver

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JP Morgan: Money is Gold

JP Morgan Gold Money

“Gold is money. Everything else is credit.”

These have been thrown around for a while now. The quote comes from testimony in front of congress (1912) only 3 months before Morgan passed away at age 75. The real quote that the modernised versions originate from is:

“Money is gold, and nothing else.”

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7 Reasons Silver Looks Better Than Gold

30 Pieces of Silver

1. One ounce of gold is currently 61.5 times more expensive than one ounce of silver. However silver reserves (i.e. the amount of silver that mining companies estimate they can extract from the ground) only outnumber gold reserve by a factor of 10.6. Thus, it stands to reason that the gold/silver ratio should be closer to 10.6:1 than 61.5:1. With gold trading at $1,235/ounce, this would put the silver price at $116.50.

2. In 2012, total gold production from mining equaled 2,700 tonnes. Silver production reached 24,400 tonnes — a figure that is just 9 times greater. From this, it stands to reason that the gold/silver ratio should be closer to about 9:1, which, with gold trading at $1,235/ounce, would put silver at $137/ounce.

3. Most of the gold that is produced is hoarded — only about 400 tonnes goes toward industrial production. More than half of the silver produced — over 14,000 tonnes — goes towards industrial production, and this figure is growing. Trace amounts of silver can be found in virtually every modern-day electronic device, including growing markets such as smart phones and tablets. Furthermore, it is a crucial element in manufacturing photovoltaic cells that are used in solar panels. Because the amount of silver that goes into these devices is generally very small recycling is not economical at the current silver price. Further, producers of these products use so little silver per unit that they can withstand a substantial price increase.

4. Many mining companies that focus on silver production simply cannot make a profit at the current silver price. Companies from Pan American Silver (NASDAQ:PAAS) to Silver Standard Resources (NASDAQ:SSRI) have shown operating losses in this low silver price environment. It stands to reason that if the silver price remains low these companies and many of their peers will cease their operations, and this will limit the supply. On the other hand, while there are exceptions, many of the major gold mining companies can turn operating profits at the current gold price. Furthermore, even if this weren’t the case, because gold is hoarded the gold price is less sensitive to mine output than it is to the silver price.

5. Silver is more appealing to small investors than gold. I can walk into a coin shop with $1,000 and walk out with at least 40 ounces of silver (depending on which coins I buy). I can’t even buy one ounce of gold with that amount. The simple fact that investors can walk out of a coin shop with so much silver makes it far more psychologically satisfying to own.

6. Historically, silver has moved farther and faster than gold in percentage terms. For example since their 2011 peaks silver is down over 50 percent whereas gold is down just over 35 percent. Additionally, in the 1970’s bull markets in silver and gold silver rose 38-fold while gold rose 25-fold. Therefore if you believe that precious metals are going to turn higher in the near future, as I believe that they will, silver should outperform.

7. There is a long history of gold confiscation and restrictions on purchasing or importing gold, and investors may choose silver out of fear that this history could be repeated. For example, in 1934 President Roosevelt signed the Gold Reserve Act which made it illegal for Americans to own gold bullion. This legislation wasn’t rescinded until 1974. For a modern example we can look to India. The Indian government has levied a tariff on gold imports, and while it has backed off somewhat recently the high tariff may lead some Indians to favor silver.

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Three Disadvantages Of Investing In Gold

Gold

It is important to understand the pros, cons, risks and rewards whenever you decide to invest in anything. Gold is not risk free and these are the three main cons and risks you need to grasp before you commit into buying gold.

Remember the golden rule: You will not get rich in one day, but one day.

Gold doesn’t earn passive income. Other investments such as stocks and bonds may derive a portion of their value from passive income in the form of interest and dividends. However, the only return you can make on gold is when the value increases and you decide to sell.

Need physical storage and insurance. If you choose to buy actual, physical gold, you will not only need to store it, but you will need to insure it as well. Otherwise, you won’t be able to replace it if it becomes damaged or stolen.

Gold can create a bubble. In turbulent economies, many people start investing in gold, but when investors start to panic, gold can become overpriced. This, in turn, means that your investment could lose value once the price corrects itself.




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Goldmember Loves Gold

Austin Powers in Goldmember was amusing, humorous and incredible all at the same time. “I Looooooove Gold!” Famous words from Goldmember himself. Everybody loves gold and having possession of it. The look of it, the taste of it, the smell of it, the texture. Mike Myers shows why he is an A-list actor in Goldmember. He even educates us on the worlds #1 investment, Gold.

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Silver is the Currency of the Future in “Looper”

Looper Silver
In the futuristic thriller “Looper” the assassins are paid in silver bars.

Plot

By 2044, the United States has suffered economic collapse, causing severe social decay and growth in organized crime. In addition, a strange mutation has occurred in 10% of the population, giving them limited telekinetic powers. In 2074 time travel is invented, but is immediately outlawed. In addition, tracking technology has rendered it nearly impossible to dispose of bodies secretly, so when crime bosses want to eliminate a target they send them back to the past to be killed by “loopers”: hired guns paid in silver to kill whomever is sent to them. When crime bosses want to end a looper’s contract, they send the looper’s future self back to be killed by his past self, called “closing the loop”, where they are given gold instead of silver pay to retire for thirty years before being sent back in time to be killed.

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Even Aliens Want Gold

Gold Battlefield Earth

“Battlefield Earth” was an enormously underrated movie. John Travolta delivered one of his most compelling performances to date. If you’ve watched this movie you know gold is a safe investment even on the planet Psychlo. Get your own gold before Terl enslaves us. L Ron Hubbard is gold’s prophet.

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The Importance of Gold and Silver

Mark Dice Gold Coin

by Mark Dice

People against the New World Order will often be interested in investing in gold and silver—particularly physical gold and silver—meaning they purchase coins or bars that they themselves take physical possession of, rather than just buying gold or silver stocks or certificates. The reason for this is because gold and silver are seen as real money, as opposed to a fiat currency like the US dollar. A fiat currency is a currency that isn’t backed by gold or silver. Before 1971 the US dollar was backed by gold which meant that for every dollar in circulation, there was one dollar worth of gold in possession by the federal government or the Federal Reserve Bank. This was a way to keep inflation low since the gold supply only slowly increased, so then would inflation.

But in 1971 President Nixon took the US dollar off the gold standard, meaning the Federal Reserve could print money and put it in circulation that was not backed by gold, so the rate of inflation was no longer connected to the amount of gold in existence, but rather to the number of dollars the Federal Reserve wanted to print.

For decades, patriots and those in The Resistance had worried that the Federal Reserve Banking System, which is controlled by a group of private banks operating as if they were a government entity, would one day make the US dollar practically worthless because it would print so many of them it would create what is called hyper-inflation, thus destroying the value of the currency as was seen in the Weimar Republic in Germany in the 1930s, and recently in Zimbabwe, Africa where the inflation rate was so high that a bunch of bananas cost literally billions of Zimbabwe dollars.

Since the year 2000 gold has went from $300 an ounce to over $1100 an ounce in the beginning of 2010. Silver has went from $5.25 an ounce to $18 an ounce in the same timeframe. Some market analysts predict that gold will hit $2000 an ounce sometime into the 2010 decade, and others are even predicting $5000 an ounce. Much of the increase in the price of gold and silver isn’t because the metals are getting more rare, but rather the price is a reflection of the weakening US dollar. Gold and silver have been seen as a hedge against inflation for decades and most financial advisers recommend that 10% of a person’s investments should be held in gold.

In a video that got several hundred thousand views on YouTube, this author offered to sell random strangers walking along a boardwalk on a beach a one ounce gold coin for $50, and in some cases, $20, and once tried to trade it for a cup of coffee, but nobody expressed any interest. Some didn’t want the coin because it was Canadian and didn’t think it had much value in America, not realizing that a one ounce gold coin stamped with a picture of Mickey Mouse is still an ounce of gold and can be sold at any coin shop for whatever the spot price of gold is going for that day.

(Excerpt from The New World Order: Facts & Fiction by Mark Dice – Available on Amazon.com, Kindle and Nook.)

Some of the comments on the video by the viewers said they thought the people I approached thought it was a fake coin and that was why they didn’t want to buy it for fifty bucks. These people missed the point of the video which was to show that very few people have any clue whatsoever about what the value of gold is, so I shot another video to clearly illustrate this.

In the follow up video I offered random passer-bys the coin for free if they knew or could guess how much gold was trading for that day within 25%. You have to see the video to really grasp the impact of it, and if you watch it you will see that adults over the age of 30 guessed as low as thirty-eight cents and as high as $245. At the time the video was shot, gold was trading for $1150 per ounce. After the “contestants,” as I called them, gave me their answer, I told them how much the coin was actually worth and captured their reactions on the video.

People concerned with the New World Order are especially interested in owning physical gold and silver because they are aware of the elite’s ultimate goal of establishing one currency for the whole world, and in order to accomplish this it is likely that the United States dollar will have to be made practically worthless through hyper-inflation at which point the solution for this currency crisis will be the introduction of a new regional currency or an adoption of a global currency.

Another reason for physically holding a collection of silver coins (usually one ounce coins which is the standard weight) is the possibility that a community barter system or an underground economy may have to be used for a period of time during a hyper-inflation scenario. In the event of a hyper-inflationary depression and the US dollar becomes practically worthless, or loses 90% of its value in a short time frame, small mom and pop stores, as well as neighborhoods and perhaps entire communities may start using one ounce silver coins as money to exchange goods and services. A small local bakery may only sell loaves of bread for a one ounce silver coin, or someone with a large farm or garden may sell their produce to others in their community, but only for silver. If this sounds far-fetched you should be aware that during the hyper-inflation in Zimbabwe, street vendors stopped taking the country’s currency because of the massive daily inflation, and would only accept grams of gold for payment.#

Since a one ounce gold coin has a fairly high value, it is advised that you purchase and hold onto at least a small amount of one ounce silver coins because their value can be matched with various products or services. In the event of this kind of a black market economy arising, very few transactions would need to be made in gold because one ounce of gold is worth approximately 50 times what an ounce of silver is worth. If a loaf of bread is selling for one ounce of silver, and all you have is one ounce gold coins (or even half ounce or quarter ounces) then you’re going to have to buy way more bread than you could possibly need at the moment. This would be like shopping at a Dollar Store with only $100 dollar bills and the store wouldn’t be able to give you any change.

(Excerpt from The New World Order: Facts & Fiction by Mark Dice – Available on Amazon.com, Kindle and Nook.)

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Exter’s Golden Pyramid

Exter's Inverted Pyramid

Exter is known for creating Exter’s Pyramid (also known as Exter’s Golden Pyramid and Exter’s Inverted Pyramid) for Extervisualizing the organization of asset classes in terms of risk and size. In Exter’s scheme, gold forms the small base of most reliable value, and asset classes on progressively higher levels are more risky. The larger size of asset classes at higher levels is representative of the higher total worldwide notional value of those assets. While Exter’s original pyramid placed Third World debt at the top, today derivatives hold this dubious honor.

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