The Value of Gold and Silver

Everyone knows that gold (COMEX:GCZ13) and silver (COMEX:SIZ13) have value, but few people understand their real value. Some people say that the current price of gold and silver is too high after rising 12 years. Is that true? If we know the real value of gold and silver, we will have a clear answer to the question. In this article, I will decode the three main components of the value of gold and silver: Monetary value, commercial value and cultural value. Then we will know if it is worth to buy gold and silver at the current price and what to buy. This article is for all people no matter whether you own gold and silver or not.

1. Gold and silver have monetary value

The principle to estimate the monetary value of gold and silver is based on the fact that gold and silver are money. Many people account paper currency as money. That is wrong. Paper currency is just a kind of fiat currency. “The average life expectancy for a fiat currency is twenty-seven years” (Chris Mack, president of Trade Placer). Gold and silver are real money and have been used as money for 5,000 years by all countries. You can easily learn the difference between money and currency on the internet. I don’t need to reiterate here. Just remember that a currency loses its purchasing power as the currency issuer, the central bank, prints more currency. But money (such as gold and silver) will never lose its purchasing power though it may fluctuate during some short periods. No one can print one ounce of gold or silver.
http://www.futuresmag.com/2013/09/23/the-value-of-gold-and-silver?t=commodities




MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Gold edges up as U.S. scrambles to resolve budget impasse

* Premiums in India, China rise as demand picks ups

 (Adds trader comments, updates prices)
    By A. Ananthalakshmi
    SINGAPORE, Oct 16 (Reuters) - Gold edged higher on
Wednesday, turning round after falling in early Asian hours, as
U.S. lawmakers scrambled to come up with a bipartisan agreement
to increase the federal debt ceiling before a Thursday deadline.
    Despite some weak safe-haven bids, gold has not priced in a
U.S. default - which could result from failure to raise the
borrowing limit - on expectations that Congress will reach a
deal at the last minute. A default could roil global markets and
hamper economic recovery.
    Democrat and Republican leaders in the U.S. Senate were said
to be close to agreeing on a proposal to raise the debt limit
and reopen the partially shuttered government, with
consideration by the full Senate possibly coming on Wednesday.

 http://www.reuters.com/article/2013/10/16/markets-precious-idUSL3N0I60AG20131016

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Hunt Brothers History Lesson

Hunt Brothers History Lesson


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Mike Maloney Pegasus Silver: Game-Changer

 Mike Maloney's new silver round called "Pegasus" is amazing. The price and the quality should set the industry on notice. Nothing to date out of a private mint equals the quality and price point.


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Jeff Nielson ~ We are Gonna See The Price of SILVER With a Zero Behind It' $250, $350, $450

 Jeff Nielson from Bullion Bulls Canada join us for an in-depth precious metals and monetary Ponzi update. We discuss the absurdity of the CFTC declaration that there is no provable manipulation in the silver market, we discuss the near total control of THE ONE BANK which controls nearly 40% of the worldwide economy - and we discuss the accelerating collapse of the Church of Scientology which is an excellent allegory for the near total collapse of confidence in the United States government and the monetary Ponzi scheme known as Wall Street and the Dollar.


MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

"During The Last Bull Market, A Lot Of People Gave Up At $100 Gold" David Morgan

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Why I Disagree With Eric Sprott's Latest Move

What may be very good for Eric, may not be the best move for you. The Louisanna purchase one ounce of silver bought 45 acres of land. There are about 8 billion acres of arable land and only 1 billion ounces of silver. With no access to credit or capital there will be massive revaluation of debt based assets. The point of this video is that what is good for Eric is not necessarily good for you.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

HYPERINFLATION and SILVER CONFISCATION COMING? - BrotherJohnF & Chris Duane

 IF the SHTF government will simply legislate criminal status to any owner of gold or silver. It will be confiscated at gun point. The government knows the stacker community is so small no one will be outraged at creating criminals out of a million or so people. The press will simply state the stacker hoarders were the main cause of the dollar collapse and jailing and confiscating their gold and silver will allow the economy to recover. if you don't think this won't happen your deluded.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Do you have a Silver Exit Plan?

This basically means that we are all stacking silver, but why and for what? The reason for your actions has got to be strong to do something like stack silver.

I am stacking waiting for the dollar to devalue more and more and tangible assets like silver will gain value and become over-valued. When Silver becomes over valued I will be selling/trading some of my silver for other assets like farm land, supplies, businesses, gold & other metals, real estate, and income producing assets. Another option that is not talked about often is using your silver as collateral, which can help us keep our silver stack and build wealth by starting a business or investing. I will be keeping a big portion of my silver to pass down as generational wealth! Either way I will be hoping to acquire much more silver before it starts going parabolic.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Silver & Government Shut Down !

Silver & Government Shut Down !
With a government shut down looming in this October, 2013, President Barrack Obama may order the debt ceiling to be raised by Executive degree (which is totally UnConstitutional). If the "full faith and credit of the US Government to meet to obligations comes into the spotlight, we will likely see a substantial rise in gold prices even if the general equities markets fall.
Despite all the talk about collapse, by people getting wealthy by talking collapse (e.g. Alex Jones, Brother Nathaniel, etc) the United States of America is still near the top in Exports to other contries and well on it's way to being the number one oil producing nation in the world. In Libya, where the "evil banksters" toppled Qaddafi. Libya is now has the highest growth in Real GDP in the world due to massive infusion of development of infrastructure. So no matter how bad the West gets slandered, it seems they have quite a bit on the positive side when rebuilding goes in high gear.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Could Silver Become 'Radioactive'?

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

$5000 SILVER & the BIGGEST SCAM in HISTORY! - BrotherJohnF & Woody O'Brien

 


Bernanke's comments on easing QE was a test balloon. When it was shot down almost within minutes of his speech, I think they got the message that they cannot ease. BJF is the stupid one - the Feds mandate was to keep unemployment and inflation low. They have done neither.



MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

1,000 Ounces of SILVER Will Be Worth $1 MILLION or More.

 We cover 2 different perspectives on why Silver will make us RICH. The Monetary side and the Supply & Demand side.



 This video is more of an example of how the price of Silver will eventually reflect what it should be in the near future. Acquiring Silver that is available right now is the most important part of the SILVER MONEY TAKEOVER concept because it's a resource that the world needs. If we collectively own a large portion of it we now have a Full House in this poker game called the monetary system. Without controlling anything of value when the Dollar collapses, we will have NO voice at all.And, if we have no voice we can do NOTHING to stop a new monetary system from being created with whatever new scheme they want to use to control us again. Why give away control that we can have by simply acquiring a valuable resource we can ALL afford to get now? That's what SMT is really about. Get yourself a Monthly Purchase Plan, start stacking or just stack more if you do already, NEVER sell your Silver, and partner up with the concept of a Resource Based system INSTEAD of a monetary system.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

SILVER IS A TICKING TIME BOMB" -- Jan Skoyles

This is a fun one, we visit with the one and only Jan Skoyles, writer and researcher for The Real Asset Co. Jan has a degree in International Business and Economics, and she's got a great sense of humor - which is a great asset indeed in these trying times.

Jan tells us the issues with the CFTC and the manipulation in the silver market just makes silver even more of a "ticking time bomb." Jan says her personal allocation for silver and gold is 50/50, "That's how much faith I have in silver." And if you miss Jan at the Pub, you can always catch her over at SGT Report, or daily at The Real Asset Company!

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet