[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Parody ... Jump / Trump --- van Halen jump

"The Democrat Meltdown Continues"

"Yes, We Need Deportations Without Due Process"

"Trump's Tariff Play Smart, Strategic, Working"

"Leftists Make Desperate Attempt to Discredit Photo of Abrego Garcia's MS-13 Tattoos. Here Are Receipts"

"Trump Administration Freezes $2 Billion After Harvard Refuses to Meet Demands"on After Harvard Refuses to Meet Demands

"Doctors Committing Insurance Fraud to Conceal Trans Procedures, Texas Children’s Whistleblower Testifies"

"Left Using '8647' Symbol for Violence Against Trump, Musk"

KawasakiÂ’s new rideable robohorse is straight out of a sci-fi novel

"Trade should work for America, not rule it"

"The Stakes Couldn’t Be Higher in Wisconsin’s Supreme Court Race – What’s at Risk for the GOP"

"How Trump caught big-government fans in their own trap"

‘Are You Prepared for Violence?’

Greek Orthodox Archbishop gives President Trump a Cross, tells him "Make America Invincible"

"Trump signs executive order eliminating the Department of Education!!!"

"If AOC Is the Democratic Future, the Party Is Even Worse Off Than We Think"

"Ending EPA Overreach"

Closest Look Ever at How Pyramids Were Built

Moment the SpaceX crew Meets Stranded ISS Crew

The Exodus Pharaoh EXPLAINED!

Did the Israelites Really Cross the Red Sea? Stunning Evidence of the Location of Red Sea Crossing!

Are we experiencing a Triumph of Orthodoxy?

Judge Napolitano with Konstantin Malofeev (Moscow, Russia)

"Trump Administration Cancels Most USAID Programs, Folds Others into State Department"

Introducing Manus: The General AI Agent

"Chinese Spies in Our Military? Straight to Jail"

Any suggestion that the USA and NATO are "Helping" or have ever helped Ukraine needs to be shot down instantly

"Real problem with the Palestinians: Nobody wants them"

ACDC & The Rolling Stones - Rock Me Baby

Magnus Carlsen gives a London System lesson!

"The Democrats Are Suffering Through a Drought of Generational Talent"

7 Tactics Of The Enemy To Weaken Your Faith

Strange And Biblical Events Are Happening

Every year ... BusiesT casino gambling day -- in Las Vegas

Trump’s DOGE Plan Is Legally Untouchable—Elon Musk Holds the Scalpel

Palestinians: What do you think of the Trump plan for Gaza?

What Happens Inside Gaza’s Secret Tunnels? | Unpacked

Hamas Torture Bodycam Footage: "These Monsters Filmed it All" | IDF Warfighter Doron Keidar, Ep. 225

EXPOSED: The Dark Truth About the Hostages in Gaza

New Task Force Ready To Expose Dark Secrets

Egypt Amasses Forces on Israel’s Southern Border | World War 3 About to Start?

"Trump wants to dismantle the Education Department. Here’s how it would work"

test

"Federal Workers Concerned That Returning To Office Will Interfere With Them Not Working"

"Yes, the Democrats Have a Governing Problem – They Blame America First, Then Govern Accordingly"

"Trump and His New Frenemies, Abroad and at Home"

"The Left’s Sin Is of Omission and Lost Opportunity"

"How Trump’s team will break down the woke bureaucracy"

Pete Hegseth will be confirmed in a few minutes

"Greg Gutfeld Cooks Jessica Tarlov and Liberal Media in Brilliant Take on Trump's First Day"


Status: Not Logged In; Sign In

Satans Mark/Cashless
See other Satans Mark/Cashless Articles

Title: Silver: The People’s Money
Source: [None]
URL Source: http://etfdailynews.com/2011/11/08/ ... oney-pslv-slv-agq-zsl-gld-slw/
Published: Nov 9, 2011
Author: Jeff Nielson
Post Date: 2011-11-09 12:27:52 by Capitalist Eric
Keywords: None
Views: 559

In my writing a couple of themes occur with regularity: how “fractional-reserve banking” (with purely fiat currencies) is nothing less than serial stealing from the general population; and how gold and silver can protect people from this cycle of theft. With respect to fractional-reserve banking, the theft is obvious. The bankers print up vast quantities of their paper currencies ‘out of thin air’, at no cost to themselves – but with the full benefit of that money. Thus their own “wealth” increases exponentially, and without the bankers earning a single penny of it. However, by diluting our currencies in this reckless manner they drive down the value of our money – reflected in higher prices (i.e. reduced purchasing power). We get poorer and poorer; they get richer and richer.

Given that we have a corporate propaganda machine which has spent more than forty years trying to disguise this serial stealing, it is no surprise that it often takes a long time for this reality to sink into peoples’ minds. Sadly, even once people understand the stealing which is taking place, they often aren’t able to piece together how precious metals are the “cure” for this chronic condition.

When I speak of precious metals being our salvation from the bankers’ world of debauched paper, for the average person what I mean specifically is that silver is their primary protection from the banksters’ stealing-via-dilution. In referring to silver as “the people’s money” I am not saying anything new here. Rather I am simply reiterating one of the oldest economic truths of our species.

To understand this first requires understanding two more of the most ancient concepts of humanity. To begin with, people must know the answer to the question “what is money?”. Once they have a clear understanding there, it becomes crystal-clear why gold and silver are the best “money” our species has ever known – and the only “good money” in existence today.

Next readers need to understand the historic price ratio between gold and silver, or in other words they need to understand the 5,000 year old price relationship between the Metal of the Sun (gold) and the Metal of the Moon (silver). This historic 15:1 ratio is absolutely reinforced by the fact that this is also the approximate relative proportions of gold and silver in the Earth’s crust. Thus 15:1 is the “natural” price ratio between gold and silver, and over the long term gold and silver prices must revert to that ratio.

Given that 15:1 ratio (and the much greater, current ratio today), this leads to an obvious inference. Gold, by virtue of being less common and thus more valuable is the “money” of the wealthy and governments. Conversely, by virtue of being more plentiful (but still “precious”) silver has always been the Money of the People.

Once these preliminary concepts are understood, readers should be ready to absorb how and why silver can protect the ordinary person from the serial stealing of the bankers. Remembering how the bankers “steal” by diluting the paper (i.e. fiat currencies) we are holding, the obvious solution to that problem is to avoid holding the bankers’ paper.

If we take the fruits of our labours and convert it into silver as quickly as possible, then suddenly the bankers must do most of their stealing from the other paper-holders – not us. And if every ordinary person converted their wealth to silver as quickly as possible, soon the bankers (and the ultra-wealthy for whom the bankers “front”) would have no one to steal from but each other.

People need to divorce their minds from the notion of “buying silver”, and rather simply think of themselves as doing their “saving” with silver rather than with the banksters’ ever more diluted paper. Indeed, the worst thing we can possibly do with our wealth is to deposit it in a bank – since that simply allows the banksters to ratchet-up their “leverage” even further (i.e. steal from us even faster).

Put another way, every dollar which ordinary people convert to silver (or gold) weakens the intensity/effects of this stealing-via-dilution. This also explains the extreme aversion which the bankers have to a “gold standard”, and why they have disseminated millions of pieces of propaganda over recent decades attempting to portray a gold standard as either being archaic or simply “impractical”.

A gold standard is “impractical” indeed if one is a banker because when it comes to the banksters’ efforts to steal-via-dilution, a gold standard functions like an “economic straitjacket”, preventing the banksters from conjuring any “money” out of thin air. With the absolute refusal of our corrupt and servile politicians to “regulate” these financial crime syndicates, a gold standard would impose fiscal/monetary discipline (and sanity) on both bankster and politician alike.

Lacking a gold standard and lacking any financial regulation of these multinational banks, as individuals we have been left with absolutely no recourse but to “insure” our wealth by converting it to silver. Holding silver will not/cannot “fix” our economies by itself. However, with the self-destructive greed of the banksters and the shameless corruption of our political leaders, the destruction of our economies is now inevitable – and we must protect ourselves individually, since we have been abandoned by our own governments.

As it has done for nearly a hundred years, the corporate media defines such behavior as “hoarding”. Strangely, when we (collectively) hold several billion dollars of silver the propaganda machine calls this “hoarding”, yet these same media talking-heads never mention the word “hoarding” when it comes to the $10’s of trillions in paper wealth being hoarded by these ultra-wealthy (ultra-greedy) misers.

As I have demonstrated in numerous previous commentaries, it is the “hollowing out” of our economies through the hoarding of all these $trillions which is one of the primary causes of our imminent economic collapse. In other words, it was bad enough to have the ultra-wealthy steal $trillions of our wealth, but they have compounded that economic harm by refusing to spend their ill-gotten hoards. If the “other 99%” greatly increase their “saving with silver” (or gold), this will also serve to slow down this hollowing-out process, and will at least help to delay our complete economic collapse.

Our economies remain in desperate need of a total overhaul of our entire monetary system, our tax systems, and our labour markets. Given the saturation level of corruption in our governments, it seems likely that most Western nations must also have radical reforms in their political systems as well.

Holding silver solves none of those other problems. At best, it will “buy us the time” to actually fix our broken economies (and broken political systems). At worst, it will make it a little easier to rebuild our societies from the economic “rubble” left behind by the banksters and their political servants.

Related: Sprott Physical Silver Trust (NYSEARCA: PSLV), ProShares Ultra Silver (NYSEARCA: AGQ), SPDR Gold Trust (NYSEARCA: GLD), ProShares UltraShort Silver (NYSEARCA: ZSL), iShares Silver Trust (NYSEARCA: SLV).

Post Comment   Private Reply   Ignore Thread  


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com