#8 – Thoughts on Silver and Why I buy what I can… Which isnt much.

Silver Seems to be what you buy when you dont know what else to prep with your money :)

I like the Jack Spirko version of precious metals

  • 10% of investments in metals
  • No, This does not include ammo

Explaining the price of silver.

  • Value of Silver does change slightly
  • The decrease in Value of the dollar is why I am interested.

Scenerio

What if silver hits above $300 an ounce?

  • Would I sell to pay off debts?
  • Wait until the new currency takes over?

Other Metals:

  • Gold?
  • Copper?
Supply and Demand of silver:

Domand is going up, China (other developing nations)
Supply is staying the same and is unsure if it can keep up.

Gold to Silver Ratio:

Explain last 2000 years, it has always revert back to its historical average of 12 to 1. Currently its roughly 67 to 1. Meaning 12 ounces of silver would by you 1 ounce of gold. right now 66.7 ounces of silver will buy you 1 ounce of gold.

Current Gold and Silver Prices:

  • Gold=1307.60
  • Silver=19.61

Current Ratio: (kinda)

  • 66.7 : 1   – 1307.60/19.61 = 66.7 Meaning 66.7 ounces of silver to buy one ounce of gold

Historical Average Options:

  • 12 : 1  Silver staying at $19.61 an ounce would bring gold down to $235.32 an ounce.
  • 1 : 12 Gold staying at $1307.60 an ounce would bring silver up to $108.91 an ounce.

Either way silver is still a sound investment.

 

Other Facts and Quotes

The US Dollar has lost 31% of its purchasing power just since 2000. The dollar has lost a staggering 82% of its value since the US was taken off the gold standard in 1971. Since the Federal Reserve was created in 1913, the US dollar has lost 95.6% of its purchasing power.
  • All Worlds Currencies are Fiat Currencies and all Fiat Currencies Fail.
  • All these issues are adding up together and its at a global level.
“It is the most electronically conducive, thermally conductive, and reflective. Modern life, as we know it, would not exist without silver.“ -Guide To Investing In Gold And Silver

Not to mention why staying in Dollars and banks are bad. (there are other options than silver tpo go against these things but these are still reason to get silver.)

  • Like Bank Runs
  • IRS
  • Locking up funds
  • Removing money from savings

Promotions:
http://rationalsurvivor.com/
http://www.snafupodcast.com/
http://www.searchenvy.com/

Leave a reply

3 Responses to Wheres My Podcast?!

  1. Just started listnnieg to your podcast. Enjoy it a lot. I will be getting some chickens very soon, as soon as we get the coop set up. Have had a garden for years and have grapes, kiwi, apples, etc. Trying to get perennials that don’t take as much work. Glad to have a show that is close to our area. Keep up the good work. You are appreciated.LanaLambertville, MI

  2. I agree with Susan. Stay flexible! Homeschooling on the hoesatmed offers up so many opportunities if we’re just willing to put aside our own restrictive expectations and allow our children to explore, investigate, play, and learn on their own. We learn by doing and what better place to do that than on your own hoesatmed!

  3. Doomsteading, an attempt to show your neighbors that you believe all is lost and you will fight the Man. Bad OpSec. I ‘m with you, Homesteading says it all and Doomsteading is just a new word to build some new hype.

    Like your Podcast and will mention you in mine, cuz I’m old school

Leave a reply

2 Responses to #169 – Doomsteading, really?

  1. I would have to agree with the lack of CLOSE friends.

    I have friends, but few that I can actually depend on. I have a friend that walked for an hour when the subway shut down, to help me move. But that is only one person. I think it also has to do with age. My wife and I have older friends (some in their 60’s) that always show up. People my age don’t show up. There is a lack of expectations and people lack the concept of what is expected of them and what they should act like.

    I think the same goes with social media. How hard is it to comment on someone’s blog or Youtube video? I mean, content is being put out there for free and people have a hard time taking a second and putting themselves out there. Maybe they are worried about looking stupid or that they don’t have anything valuable to share.

  2. I think that Linkedin is an analogy for the modern employee. Before, people could just go out and have a career for 40 years. Now you have to be on the constant lookout for the next thing because your current situation is never sure. You have to constantly have to update your resume, make connections in the business world and stay in the game.

Leave a reply

Leave a reply

Leave a reply

Leave a reply

Leave a reply

Leave a reply

9 Responses to #165 – With Every Disaster There is Opportunity, and News

  1. Felt the need to respond to a couple of things that were said in this podcast. #1. It’s an FFL, federal firearms license or lincensee. #2. What’s termed a loophole now was a compromise made initially to get the federal requirement passed to have background checks. #3. Any time that a firearm crosses state lines, an FFL is required to be involved. Passing a firearm from one family member to another does not require an FFL, unless the family members live across state lines from each other. So, I have a hard time imagining any time that a firearm is “purchased online” an FFL isn’t required to be involved. Also, any time an FFL sells a firearm, they are required to run a background check. Doesn’t matter if they’re selling it at a gun show

    Sorry for the rant. You hit on a topic that I’ve learned quite a bit about, and people misspeaking, even unintentionally, tends to bother me a lot.

    • I’m not sure what I misspoke on for the FFL. I believe I said that you do need to get the background check or have a FFL ran.

      Either way I don’t remember which part I misspoke and agree with what you said sorry if it didn’t come out that way. I have not co host to ask questions for me to clarify or correct me.

      Thanks for writing in!

      • I don’t remember exactly what you misspoke about now (almost a week after listening to the podcast). A lot of things that I wrote about are the rantish type things, that I continually hear wrong from people. (Sorry, I tend to get on a soap box about this occasionally.)

  2. This is my first time listening to your podcast and I am a little surprised at some of your commentary.

    I am not a fan of the ranchers’ methods, but you are completely off base on your analysis of what the Oregon people are doing.

    They are protesting some ranchers who were thrown in jail when their controlled burn got out of hand and burned some federal land. These ranchers were thrown in prison, then after they were released, the federal government got a judge to send them back to prison because their sentence was incorrectly too short. These guys are protesting the double jeopardy inflicted on these guys by the feds.

    There have been one or two interviews with these guys and they are clearly not wanting to “die fighting” today. They are trying to make a point. Even though their methods are probably off, they really do have real grievances with the federal government and the feds have certainly hurt most of these ranchers in unjust ways.

    There has also been a lot of federal agencies who are restricting things on ranches that are vital to their existence. Many of these places are being told they cannot drill (or sometimes even fix) wells on their land. This is done to the point that ranchers cannot survive and they cannot sell their land for a reasonable price. Then the feds come in and “save” them by purchasing their land for pennies on the dollar.

    • Hey sally thanks for listening and trying out my podcast. I will look into it further and talk about it on the next episode. Some of these facts i didnt know but i really think they are going about it absolutely wrong

  3. Apparently we are all domestic terrorists. I was a Junior NRA member when I was a kid.

    I wouldn’t want to be a person who would rather live in white condition (Jeff Cooper).

Leave a reply

Leave a reply

2 Responses to #164 – A.I. Took our Jobs, Basic Income Scares Me, Housing Market News

  1. Maybe people need to re-evaluate how they spend their money. I was looking at apartment rentals and the place that I had is still listed at $900 a month. Granted it is a bachelor apartment, but maybe you don’t really need a one bedroom place.

    In the 80’s my parents had dinners with friends rather than going out, to save money. Do you really need to go out and have an ok dinner, or would your money go way farther by creating a home experience? It is the difference between a $50 bottle of wine at a restaurant and the same bottle at home for $20

    • I always loved house parties more than going out. Everyone wants to go out though. still have rent inflation no matter the place

Leave a reply

Rational Survivor Family