Why to buy Gold and Silver

The world's financial system is under great stress. Public and private debts are nearly unservicable even with historically low interest rates. Governments around the world, whose fiscal policies have failed are resorting to currency wars in an attempt to capture what little growth can be squeezed from world trade. The global financial system is a house of cards, debt upon debt upon debt. Prosperity has been borrowed from the future time and again and now the bills are due.

Ultimately the losses must be taken by someone, via bankruptcies or via currency devaluation and a lower standard of living. The question is who will that someone be? The burden is effectively being passed around like a hot potato. When the music stops, who will be left holding the bag?

The aim of this site is to dissect this from a macro-perspective, to educate about how the banking system and national currencies operate and to suggest ways to protect yourself. Ultimately it is the belief of this writer that gold and silver are the best ways to achieve that, not least because of the lack of counterparty risk.

In these times, there are myriad reasons to own gold and silver, all converging together to make precious metal ownership a wise thing to do and a potential way to store wealth, for both the conservative saver and speculator alike. There are a lot of facets to the whole subject, many of which we touch on in this website but in essence the following assertions will be explored.

  • Paper currencies like the dollar, pound and euro aren't money.
  • Private institutions via central banks and government steal what value your currency has through inflation.
  • Public and private debt is higher now than ever before in history and the world financial system is on the brink of collapse.
  • Gold is a near perfect money

But first... to begin to understand all of this we first have to explore what money is and then look back in history to chart its evolution.