SilverLib

Category: Metals

  • 7 stages of an empire

    The seven stages every single empire has gone through…

    Stage 1: A country starts out with good money, which is either gold or backed by gold.

    Stage 2: As it develops economically and socially, it begins to take on more and more economic burdens, adding layer upon layer of public works and social programs.

    Stage 3: As its economic affluence grows so does its political influence, and it increases expenditures to fund a massive military.

    Stage 4: Eventually it puts its military to use, and expenditures explode.

    Stage 5: To fund the war, the costliest of man’s endeavors, it steals the wealth of its people by replacing their money with currency that can be created in unlimited quantities. (Fiat currency does not adhere to the “gold standard.”) It does this at the outbreak of war, as in the case of WW I, during the war as in Vietnam, or as a perceived solution to the economic ravages of previous wars.

    Stage 6: Finally, the wealth transfer caused by expansion of the currency supply is felt by the population as severe consumer price inflation, triggering a loss of faith in the currency.
    (This is where we stand today).

    Stage 7: An en masse movement out of the currency into precious metals and other tangible assets (commodities) take place, the currency collapses, and massive wealth is transferred to those who had enough foresight to position their money into the right asset class before hand…

    For more info, see http://www.theelevationgroup.net/

  • Don’t bet against the Silver

    Talk about timing: I found a mention of silver that picked the exact short-lived peak of an alternative:

    “I bet you did not think of this. Forget silver and gold. Now that the nuke industry is on its knees, carbon is the market beater.” … then shows a chart of GRN which … “depicts the action of the iPath Global Carbon Fund (GRN:NYSE). Essentially, it acts as a measurement of carbon credit prices across the planet.

    Now that coal and natural gas are looking like the last politically viable options for the world’s energy needs, the government-created boondoggles known as carbon credits are seeing strong demand.

    The fund has been one of the market’s biggest gainers over the past week. But I would still rather own a pile of coal.”

    I’d rather own silver. Note: Taipan Publishing Group is a great group, and the above was taken out of context was clearly intended to be casually sardonic. Especially since the article was entitled Howard Stern is dangerous by Andrew Snyder, Managing Editor, Taipan Insider. Apparently the article itself requires a member login, so just go here and poke around: http://www.taipanpublishinggroup.com/

    P.S. in case you aren’t among the 4 million people who’ve already seen this nerdy fun video at http://www.youtube.com/watch?v=PTUY16CkS-k “Quantitative Easing Explained” [rated MP for Mild Profanity] –there’s a no-cursing edition if you prefer.

  • Surprising new video: Which is the right precious metal for you? (Gold or Silver)

    Here is a simple question for you: which would you rather buy right now,
    gold or silver?

    Gold has incredible amounts of emotional baggage attached to it, while
    silver is in a different league – at least for the moment. The below video
    will show you two indicators that can help you capture either market
    when and if the upward trend decides to resume.

    With all of the world’s troubles, there are plenty of reasons why one
    would think that both of these markets should be much higher. The
    question is, why aren’t they? I think that the video you’re about to
    watch     will help answer some of those questions: (more…)

  • fun new payment: real money (silver coins)

    I had the pleasure of attending a lecture given by Michael Badnarik on U.S. Constitutional history and law. He was visionary enough to accept silver as tuition payment. Below he blogs about the hazards of embarking upon silver coinage. (more…)

  • More Details About Investing With Gold And Silver

    As you can tell, my interest in this blog is two-fold: understanding economic principles, learning how Silver can help stabilize my portfolio. Nay, a third: preparing for hard times (or preventing them, depending on outlook.)

    My brief blog posts don’t have time or space to go into all the details, so here are a couple of recommendations I have for more info. These are paid products, but worth it.

    How to Buy Gold And Silver Online

    Food 4 Wealth (preparedness)

    As a special bonus for my readers, I will send you a related MP3 and PDF if you order from one of the links above.

    Thanks.

  • Buying Silver as Activist Investing for JP Morgan Crash

    According to the National Inflation Association, JP Morgan is “short 30,000 silver contracts representing 150 million ounces of silver. This is one of the largest concentrated short positions in the history of all commodities, representing 31% of all open COMEX silver contracts.” This could leave JP Morgan exposed if people go out and buy physical silver in large numbers.

    Mike Krieger and Max Keiser have an idea for attacking the weak underbelly of the seemingly invincible too big to fail banks and market manipulators … all at the same time.

    Specifically, they say that if everyone buys just 1 ounce of silver, it will force JP Morgan – a giant manipulator of the silver market – to cover its short positions, and drive it out of business.

    Explanation of how silver buys might hurt JP Morgan Chase
    :     http://www.washingtonsblog.com/2010/11/crash-jp-morgan-buy-silver-show-too-big.html

  • Is Mercury A Danger In CFL bulbs?

    Questions about compact fluorescent light bulbs:

    1. how much mercury is in a CFL bulb vs. how much is safe exposure, vs. how much may be generated by electrical power plants

    2. how to dispose of a CFL bulb when it is burnt out or broken?

    non-mercury-related, but still important questions:

    3. isn’t it wasteful to throw away the transformer along with the CFL bulb?

    4. when does the increased cost of a CFL (upfront manufacturing costs) break-even with the energy savings?

    5. should CFL vs. incandescent usage/sales be regulated and/or mandated? Or should we simply allow the competition in the free market economy to decide?

    More reading: 5 Ways to Stay Safe from Mercury in CFLs at http://www.thedailygreen.com/green-homes/eco-friendly/cfl-mercury-safety-460124

  • silver/gold ratio says buy silver

    Good article at SilverSeek.com about the historical ratio between gold and silver.

    http://news.silverseek.com/SilverSeek/1257377703.php