Mayer Amschel Bauer, founder of the Rothschild dynasty, has been reported to have said,
"Give me control of the nation's money and I care not who makes its laws."
When confidence in the US Dollar declines, people in the know buy gold and silver on the world market and the price of gold and silver goes up. Notice how the pawn shops are eager for gold?
we need inflation-proof REAL MONEY backed by silver and gold
The US Dollar is printed under the control of the Federal Reserve which is not Federal and has no reserves. It is backed by nothing but the full faith and credit of the United States Corporation, the government of the USA. It's never been audited and now they won't even reveal how much money is in circulation. They can run the printing presses day and night and we would not know why prices are going up all the time. It's not inflation proof.
gold and silver appreciate in value while the value of paper money goes down. because its real and tangible only a 'limited' supply it doesnt rely on faith its fact, not something that comes out of thin air like paper money and has no backing.
look at these statistics
Gold has out performed traditional bank savings accounts available in the USA by 844% since 1999. In other words, $1000 invested in gold on 21 May 1999 would have appreciated in value by 53.15% by 22 May 2005 whereas the same amount placed in a passbook savings account would have grown by just 6.3% assuming monthly compound interest. Over the past five years, gold has been more than eight times better for the average American than interest from a Federal Reserve bank.
silver became an industrial metal. Let's face it, there's no way the world's best conductor of electricity and heat, the best reflector of light for photographic material and a biocide agent could not become a vital industrial material. Since silver is all of those things, plus many more, we've used it up.
Meanwhile gold has been used very sparingly and the supply has increased every year for thousands of years. "This means that all the gold in the world is priced 250 times more than all the silver." Read The Real Gold by Ted Butler:
I'm explaining why the price of silver doesn't reflect its rarity, compared to gold. Not enough people know the real story yet. That's what creates the lifetime opportunity. If enough people already knew how rare and valuable silver was, it would be reflected in the price. So, it comes down to waiting for people to learn just how bullish silver is. In this day and age of instant communications, that can happen in a flash.
