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 and the United States national debt goes hand in hand. The more in debt that we go, the more silver will be worth. The reason for this is because people will start turning towards precious metals instead of money since it will decrease in value. Money as it is has already decreased in value which does us no good to really just be paying more for stuff in the long run.
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.
There was a point in time when silver was used as money (coins). The reason it came to a stop in the 60s was because money had gained value which also pushed up the value of silver making it worth more than a dollar. Of course the government could not have this and rushed to get rid of silver.
Government spending is out of control and will not be voluntarily reduced. "Printing money" or debt monetization (QE) is necessary and inevitable in order to continue funding the excess spending of the US government. More money in circulation means a declining purchasing power for the dollar. The decline is likely to accelerate at some time in the future. The real value of our savings and retirement diminishes as the dollar declines in value. People will panic and shift into real assets to preserve their purchasing power. That panic will cause gold, silver, and many other real assets to drastically increase in price, as measured in devalued dollars.
So as you see investing in silver is wise with the history of the economy and the history of silver. To save yourself from the economy, investing in silver now would be wise so that you can get it while it is still cheap.
...Find out more about silver price history Why Buy Silver?
As you have learned, silver is one of the best investments that you could possibly do because of how the economy is. You have nothing to lose at all.
The price of silver and the United States national debt goes hand in hand. The more in debt that we go, the more silver will be worth. The reason for this is because people will start turning towards precious metals instead of money since it will decrease in value. Money as it is has already decreased in value which does us no good to really just be paying more for stuff in the long run.
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.
There was a point in time when silver was used as money (coins). The reason it came to a stop in the 60s was because money had gained value which also pushed up the value of silver making it worth more than a dollar. Of course the government could not have this and rushed to get rid of silver.
Government spending is out of control and will not be voluntarily reduced. "Printing money" or debt monetization (QE) is necessary and inevitable in order to continue funding the excess spending of the US government. More money in circulation means a declining purchasing power for the dollar. The decline is likely to accelerate at some time in the future. The real value of our savings and retirement diminishes as the dollar declines in value. People will panic and shift into real assets to preserve their purchasing power. That panic will cause gold, silver, and many other real assets to drastically increase in price, as measured in devalued dollars.
So as you see investing in silver is wise with the history of the economy and the history of silver. To save yourself from the economy, investing in silver now would be wise so that you can get it while it is still cheap.
...Find out more about silver price history Why Buy Silver?
As you have learned, silver is one of the best investments that you could possibly do because of how the economy is. You have nothing to lose at all.
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Are you worried about how the government is going and how you should handle it? Click here and get some information on silver price history which will give you some insight on what is happening
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