You're NOT BUYING Silver. PERSPECTIVE
I had a really good conversation with an acquaintance today. He has some silver and gold and has followed a lot of the information that I have provided. But that isn't important.
What is important, is the "Perception" the he and his wife have about Silver and gold. The mentioned at least a dozen times about how much they SPENT, BUYING silver. I caught what they were saying, but I waited until they repeated it a couple times. I was hoping that they were simply using semantics and "Meant" the right thing. But they weren't.
Ok Mike.... What are you trying to say? Their perspective on Silver and Gold, was that they were BUYING a Product. Just like they were buying food, clothing, a car, an Iphone, or anything else. I tried to explain to them, that they WEREN'T BUYING silver and gold. See, their perspective, was that they saw this as MONEY SPENT...... WAS GONE! Just like you buy clothing or a tv; the money is gone. And sooner or later, the item you spent the money on, is also gone. Either it was consumed, or it wore out or was no longer functional.
Now, these this individual and his wife are/were somewhat worldly people. They have traveled to a number of countries. I first met them when I worked and lived in the Netherlands. I asked them: When you landed in Amsterdam, and got off the plan, before you left the airport, you took some of your dollars, and you (FILL IN THE BLANK) for Guilders? (Guilders was dutch currency before the Euro). Well, they BOTH blurted out that they "EXCHANGED" their dollars for Guilders.
AHA!!!!!!!!!
When they EXCHANGED their dollars (One type of currency), for guilders (Another type of currency), they didn't LOSE their money. They simply converted it to a DIFFERENT FORM. All things being equal, whatever they could buy with one dollar PRIOR to EXCHANGING it, was what they could buy with the equally exchanged amount of Guilders. They hadn't SPENT their money; simply EXCHANGED IT!!!
Now, as soon as you realize, that you ARE NOT BUYING SILVER or GOLD, but that you are EXCHANGING DOLLARS for SILVER AND GOLD; then you will be way ahead of the game. The difference is, you're EXCHANGING one currency, (Which is very devalued) for a currency that ALWAYS maintains it's value. Matter of fact, until 40 years ago, the DOLLARS were backed by gold and prior to 50 years ago, most American money was made out of SILVER and GOLD. And even with all the manipulation that has been going on, you can still pretty much buy for goods or services, about the same thing today with an ounce of silver or gold, that you could buy 100 years ago. More importantly; if you exchange $1,000 for approximately 60 ounces of silver (Today's values); and placed that silver along with anoth $1,000 in cash, in your dresser...... in the future, that silver will be able to purchase MORE than the $1,000 in cash will be able to. I'm not talking about 100 years from now. I'm talking generally, ANY TIME in the future. Even just a couple of years.
So, you can put away $100, $200, etc. per month away in the bank; making literally NO INTEREST AT ALL..... or....... you could EXCHANGE that $100, $200, etc. per month for Silver or Gold and put that in a safe place in your house or on your property. When you need it; to cover hyperinflation or to supplement your income or retirement, which one do you think will be worth MORE? Come on.... don't be shy..... you know the right answer.
Some will say, you should be investing in the stock market, in a 401K, in mutual funds, bonds, etc. I am not arguing any of that. I have said a million times, and numerous times on my blog and sites; you need to be DIVERSIFIED. I have real estate, 401K, bonds, stocks, etc. But I also have silver and gold. Silver and gold maintain VALUE. Because that's what everything else's value has been based on for thousands of years. And in some countries, it still is. And if the SHTF or there's hyperinflation, it will be again. An ounce of silver, 100 years ago, could buy you a decent meal. Today, if silver to gold ratio wasn't so inflated and it was averaged at 40:1, silver should be about $25-$30 an ounce.... that TOO could buy an individual a pretty decent meal. Even at the $15 an ounce it is at, you can still buy a lot more than a "McDonald's Value Meal". Same with Gold.
So this is how you must look at it. You are NOT BUYING SILVER or GOLD. You are simply EXCHANGING dollars for Silver and/or gold. And you're doing such, because you know that the silver and gold will MAINTAIN it's value. See, with silver and gold, you aren't trying to "Make a Profit". This isn't an investment. People who say you shouldn't "BUY" silver or gold, because it doesn't pay interest, don't know what they Hell they are talking about. You INVEST, in the hopes of being paid back INTEREST on LOANING your money to a company, corporation, bank, etc. You EXCHANGE dollars for Silver and Gold, because this is the money you are putting aside for savings. Saving for a "Rainy Day". Saving in case SHTF. Savings to supplement your income, retirement, or in case of a period of hyperinflation. If you had $5,000 in DOLLARS put aside, you'd think that's good. But during hyperinflation, like in Germany during WWII; a Wheelbarrow would be needed just to buy some food to feed your family. Yet, a few ounces of silver in germany during this same time period, could have bought you an entire house. A few hundred ounces could have bought an entire block of homes.
So, I've mentioned in many of my blog posts, the numerous reasons for having silver and gold. And I've even used the word "BUY" silver and gold. I've used it inappropriately, but I "ASSUMED" that most people understood. I didn't realize how so many people really did have the wrong perception of what they were doing with their MONEY. That they weren't BUYING.... simply EXCHANGING. Once I explained this to my acquaintance and his wife, it was like the BURDEN was lifted from them. They realized that they STILL HAD THEIR MONEY (Wealth). It was simple EXCHANGED or CONVERTED to a DIFFERENT currency. Matter of fact; as we were departing company, the wife told the husband that she wanted to take about HALF of the DOLLARS that they had in the bank, and EXCHANGE it for silver or gold.
What a concept:
CYA: SE:
What is important, is the "Perception" the he and his wife have about Silver and gold. The mentioned at least a dozen times about how much they SPENT, BUYING silver. I caught what they were saying, but I waited until they repeated it a couple times. I was hoping that they were simply using semantics and "Meant" the right thing. But they weren't.
Ok Mike.... What are you trying to say? Their perspective on Silver and Gold, was that they were BUYING a Product. Just like they were buying food, clothing, a car, an Iphone, or anything else. I tried to explain to them, that they WEREN'T BUYING silver and gold. See, their perspective, was that they saw this as MONEY SPENT...... WAS GONE! Just like you buy clothing or a tv; the money is gone. And sooner or later, the item you spent the money on, is also gone. Either it was consumed, or it wore out or was no longer functional.
Now, these this individual and his wife are/were somewhat worldly people. They have traveled to a number of countries. I first met them when I worked and lived in the Netherlands. I asked them: When you landed in Amsterdam, and got off the plan, before you left the airport, you took some of your dollars, and you (FILL IN THE BLANK) for Guilders? (Guilders was dutch currency before the Euro). Well, they BOTH blurted out that they "EXCHANGED" their dollars for Guilders.
AHA!!!!!!!!!
When they EXCHANGED their dollars (One type of currency), for guilders (Another type of currency), they didn't LOSE their money. They simply converted it to a DIFFERENT FORM. All things being equal, whatever they could buy with one dollar PRIOR to EXCHANGING it, was what they could buy with the equally exchanged amount of Guilders. They hadn't SPENT their money; simply EXCHANGED IT!!!
Now, as soon as you realize, that you ARE NOT BUYING SILVER or GOLD, but that you are EXCHANGING DOLLARS for SILVER AND GOLD; then you will be way ahead of the game. The difference is, you're EXCHANGING one currency, (Which is very devalued) for a currency that ALWAYS maintains it's value. Matter of fact, until 40 years ago, the DOLLARS were backed by gold and prior to 50 years ago, most American money was made out of SILVER and GOLD. And even with all the manipulation that has been going on, you can still pretty much buy for goods or services, about the same thing today with an ounce of silver or gold, that you could buy 100 years ago. More importantly; if you exchange $1,000 for approximately 60 ounces of silver (Today's values); and placed that silver along with anoth $1,000 in cash, in your dresser...... in the future, that silver will be able to purchase MORE than the $1,000 in cash will be able to. I'm not talking about 100 years from now. I'm talking generally, ANY TIME in the future. Even just a couple of years.
So, you can put away $100, $200, etc. per month away in the bank; making literally NO INTEREST AT ALL..... or....... you could EXCHANGE that $100, $200, etc. per month for Silver or Gold and put that in a safe place in your house or on your property. When you need it; to cover hyperinflation or to supplement your income or retirement, which one do you think will be worth MORE? Come on.... don't be shy..... you know the right answer.
Some will say, you should be investing in the stock market, in a 401K, in mutual funds, bonds, etc. I am not arguing any of that. I have said a million times, and numerous times on my blog and sites; you need to be DIVERSIFIED. I have real estate, 401K, bonds, stocks, etc. But I also have silver and gold. Silver and gold maintain VALUE. Because that's what everything else's value has been based on for thousands of years. And in some countries, it still is. And if the SHTF or there's hyperinflation, it will be again. An ounce of silver, 100 years ago, could buy you a decent meal. Today, if silver to gold ratio wasn't so inflated and it was averaged at 40:1, silver should be about $25-$30 an ounce.... that TOO could buy an individual a pretty decent meal. Even at the $15 an ounce it is at, you can still buy a lot more than a "McDonald's Value Meal". Same with Gold.
So this is how you must look at it. You are NOT BUYING SILVER or GOLD. You are simply EXCHANGING dollars for Silver and/or gold. And you're doing such, because you know that the silver and gold will MAINTAIN it's value. See, with silver and gold, you aren't trying to "Make a Profit". This isn't an investment. People who say you shouldn't "BUY" silver or gold, because it doesn't pay interest, don't know what they Hell they are talking about. You INVEST, in the hopes of being paid back INTEREST on LOANING your money to a company, corporation, bank, etc. You EXCHANGE dollars for Silver and Gold, because this is the money you are putting aside for savings. Saving for a "Rainy Day". Saving in case SHTF. Savings to supplement your income, retirement, or in case of a period of hyperinflation. If you had $5,000 in DOLLARS put aside, you'd think that's good. But during hyperinflation, like in Germany during WWII; a Wheelbarrow would be needed just to buy some food to feed your family. Yet, a few ounces of silver in germany during this same time period, could have bought you an entire house. A few hundred ounces could have bought an entire block of homes.
So, I've mentioned in many of my blog posts, the numerous reasons for having silver and gold. And I've even used the word "BUY" silver and gold. I've used it inappropriately, but I "ASSUMED" that most people understood. I didn't realize how so many people really did have the wrong perception of what they were doing with their MONEY. That they weren't BUYING.... simply EXCHANGING. Once I explained this to my acquaintance and his wife, it was like the BURDEN was lifted from them. They realized that they STILL HAD THEIR MONEY (Wealth). It was simple EXCHANGED or CONVERTED to a DIFFERENT currency. Matter of fact; as we were departing company, the wife told the husband that she wanted to take about HALF of the DOLLARS that they had in the bank, and EXCHANGE it for silver or gold.
What a concept:
CYA: SE:
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