How Much Silver Should I Own In Case of Emergency.
Hi, I just wanted to write this quick note for my fellow countrymen and also for the people of the world who fear that there is a financial meltdown on the horizon. Being that most people reading this can’t afford to buy gold I am first going to tell people how much silver coins they need to have. The amount I am quoting is the minimal amount you will need.
80 ounces of silver should last 1 person around 6 month’s
For the record that number(80 Ounces) is the minimum amount each individual should have, for those of you confused and looking at things from the point of fiat currency you must remember Inflation does not exist with silver and gold, there is only deflation when talking about silver and gold. The first great depression in America was caused by Deflation because if you remember the American dollar was backed by Gold. Now on the other hand the German depression if you remember was caused by Inflation because they printed too much money against their gold.
Will The United States Dollar Inflate or Deflate
What people need to understand is that the great depression was caused mainly because dollars were backed by gold. In this day and age that is no longer the case so if the world suffers another great depression it won’t come in either of the two forms. In this day and age money is valued by a nation’s ability to repay debt. If a country can not pay back its debt that country has to print more money, which depending on the country can lower its credit rating. Fiat Currency which is the system we’re using worldwide basically means that money is a debt which is why investing in the future is encouraged.
In this modern world Hoarding(or holding onto) money is considered a bad practice. Market crashes happen whether money is backed by Gold or not but when crashes happen with a Gold-backed currency both governments and poor people are basically at the mercy of the rich people, who then can decide or decline to invest back into the markets if you think rich businessmen are ruthless now you should read about them in past. This is one of the lessons the entire planet learned from the last great depression. Some consider fiat currency a bad thing I consider it a genius idea that kept the filthy rich people from fully exploiting poor people.
If America’s Money Printing Becomes a major problem what I think might happen?
The reason why America is able to print so much money is that as it stands now America has both the world’s reserved currency and the largest nation of consumers. The argument can be made however that Ben Bernanke or “helicopter Ben” is selling out future generations to save America now but to say what we’re experiencing now will be anything like what they suffered in the 1930s is just unlikely. So to answer the question will the United States dollar inflate or deflate the answer is it will most likely inflate which could only lead to one thing in the future… The Amero
The coming effects of the Amero and why you should have some Silver and Gold
As some of you might have guessed the United States dollar most likely will not be returning to its once great state and because of the emergence of both India and China America will need to compete Globally, this is when we will start hearing more and more about the Amero(Canadian, American and Mexican dollar) which will most likely rival the “euro” in terms of purchasing power. Because remember the 2 largest producers of Crude Oil Imports is actually Canada and Mexico, not Saudi Arabia as the press would like you to believe.
Silver and Gold in this day and age is used in case of emergency or complete societal collapse. If society as we know it today or our monetary system as we know it today collapses silver and gold will be used to exchange goods, the main issue with using silver and gold to exchange goods is that people will start printing their own money which leads to a host of other problems mainly FRAUD because there will be those that dilute both the silver and the gold and because this is impossible to monitor it just causes a bunch of other problems personally I hope it never comes to that.
How Much Silver should I buy?
If you have a family of 4 as I do I recommend owning at least 320 oz/20 pounds of silver coins which should keep you for at least a year. I have to add that one of the reasons I’m personally not a fan of the silver and gold market is because most of the people who thrive of this market want societal collapse because remember people if the currency as we know it collapses all those pawnshop owners become the new RICH.
Where should I buy Gold and Silver Coins?
Last thing I want to say is don’t be stupid if you’re going to invest in silver or gold for emergency make sure you have the silver or gold coins in your possession.
Please share this article with a friend because most people have no idea of why they should physically own Silver and/or Gold.
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