Sign up for Marjory's FREE Weekly Newsletter at: http://try.thegrownetwork.com/free-me...
Hi, this is Marjory Wildcraft. In this edition of Homesteading Basics, we’re going to veer off topic from homesteading to answer your questions about silver.
Historically, Gold and Silver Have Held Their Value
What you may or may not know about me is that in a previous part of my life, I was a professional money manager. As a professional investor, I stumbled across some information about the metal silver.
Of course, precious metals are something you’re going to want to know about. Historically, gold and silver have been precious metals and held their value. If you’re looking at different changes in the economy, it’s definitely something you want to have in your portfolio.
Until the 1950s, Silver Stayed in Circulation
I had mentioned on a previous edition of Homesteading Basics that, after I’d gotten bitten by a snake, I started to wear a bracelet to help me remember to breathe. I really enjoy wearing a little bit of jewelry when I’m working on the homestead. I like to dress up a little bit even though there’s nobody out here.
I’d mentioned that silver was an important thing for me. Theodore Butler was the original researcher who turned me on to these ideas.
As I said, for 5,000 years or more, silver and gold have been precious metals.
All the way up until the 1950s, pretty much every bit of silver and gold that we had ever mined on the planet was still around in the form of bullion or jewelry or useful items like silverware.
The Industrial Uses of Silver
In the 1950s and 1960s, something happened that caused a big deviation between the two metals. Silver actually has an unbelievable number of industrial uses.
It’s amazing.
You can stretch it. It’s malleable—that’s the technical word. It’s very, very highly reflective. It was used a ton in the photographic industry for developing pictures, and it was used in mirrors. It’s used in the medical industry for its antibiotic properties. It’s highly conductive and used electrically.
There are just tons and tons of uses.
It’s Becoming More and More Precious
What’s happened is we’ve been using up bits and bits and bits and bits of that silver. There are small amounts of silver now all over landfills across the United States and the world.
Actually, the store of silver has been depleting over many, many decades.
Gosh, I know people are going to scream conspiracy theory, but the truth is that all of our markets are manipulated. If you really look into it honestly, that’s just the bottom line. The price of silver has been manipulated down.
The bottom line is that silver is actually way more precious than gold. The way the whole thing is structured with all these different short contracts—literally, trillions of dollars of short contracts—is that if silver ever reached its true market value, it would destroy the largest banks and insurance companies on the planet.
It would basically be the end. It would be financial collapse of the global economy.
Representing Something Magical
It’s probably never going to reach much more value than what it really should, but to me, it represents something magical and real. Really, between silver and gold, gold is a more masculine metal, and silver is a more feminine one. I like it.
I know this is a little bit of a long pitch, but as I said, it’s an off-topic rant.
Okay, I’ll catch you on the next Homesteading Basics. This is Marjory Wildcraft, and we’ll get back to practical skills.
Информация по комментариям в разработке