#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.


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


Leave a reply

Leave a reply

2 Responses to #152 – What if debt was illegal

  1. This program works out how much debt each US citizen would have to pay to get the US out of total debt – roughly $57,000 per person.


    vs. Canada at $17,000. It’s kind of staggering and the difference between the two (3x more debt in the US per person).


    I never knew what it worked out to. It is a cool amount of information, although the US debt clock has far more information. Did it cost 3x as much to code? Ha ha.

Leave a reply

Leave a reply

Leave a reply

Leave a reply

2 Responses to #148 – Eat More Of Your Pie, And Full Preparedness Report

Leave a reply

Leave a reply

Leave a reply

6 Responses to #146 – News & When Money Dies

  1. It is true that as far as I can tell, Canadian middle class does make more money, but our cost of living is also often higher. I know that when I left my last company making 50+ k a year, that I still couldn’t afford to buy a home in Toronto, especially when I had student loans.

    Only by having a wife, have we been able to save for a house, and the prices here are atrocious especially when a starter home is $500,000 minimum. In a condo, you are looking at around $350,000 to start (plus condo fees).

    Also, we do have high taxes and Toronto has a sales tax of 13% HST.

  2. What is the shirt company you were referring to? Next Level? Can you supply more information. I am interested in streamlining my apparel.

Leave a reply

Leave a reply