These Gold & Silver Facts Will Blow Your Mind
Gold & Silver markets have been on a tear for the last decade. The last 12 months have seen tremendous growth in the USD (and every other currency) price of each. Yet in the last two months, each has given back a small (gold) or large (silver) portion of their price gains. Today, we’ll focus on some supply & demand issues. We’re continuing a series of videos which can be found here.
Gold & Silver are true money. They have always been true money. From time to time throughout history, Man likes to get away from the use of them as money because governments don’t like to be constrained by the actual amount of money they can siphon away from their citizenry. Instead, they like to create money out of thin air by borrowing or in some other way “printing” it into existence. This can not be done with silver or gold (although many have tried with the classic example of the Roman empire continually diluting the amount of precious metal in their coins as the empire crumbled.)
The stats presented in this video on silver (especially) and gold should give you a firm foundation on where the price is headed. Here’s the video…
We hope you enjoy this video. If you have not seen The Coming Storm video, you should do so immediately to have a fuller understanding of what lies ahead. You can do so for free by going here. Please let us know what you think of this presentation or if you have any questions, leave them in the comment section below.
Some previous economic update videos we did can be found at 1) Hyperinflation in the US?, 2) Hyperinflation signs worldwide, 3) Stock Market & Economy Update, 4) Gold & Silver, and at 5) Government Horrors. If you are receiving this post as an email or in a reader, you might have to click the post title to take you to the internet to watch the video. thanks for watching!