Tomas
Gold & Silver is the best storage of wealth.
USD $1 1908 = 2-3 cents 2008.
1 troy ounce gold or silver 1908 = 1 troy ounce gold or silver 2008.
Gold & Silver have an intrinsic value since its rare and highly demanded in the industry, as jewellery and as an investment.
There can be no inflation in Gold & Silver since the quantity of Gold & Silver is constant. Some Gold & Silver has been mined and circulates above ground and some is left below ground waiting to be mined. The total amount is however constant.
Paper money comes and goes but Gold & Silver persists. No paper money has ever survived more than a couple of decades. The value of Gold & Silver has persisted for thousands of years. The amount of paper money is increasing rapidly. The current increase rate for money supply is 19% in the US, 13% in Great Britain and 10% in Sweden. Most every country has similar high inflation rates. The amount of Gold & Silver in the world doesn't increase at all. The result being that there is more paper money for each unit of Gold & Silver. The price of Gold & Silver will therefore increase over time.
Gold & Silver is measured in weight. Paper money is measured by a printed number. These numbers are set by politicians, banks and consumers. Paper money is created by debt or political decisions and creates "bubbles" due to debt consumption.
Today there are "assets" for € 600 000 000 000 000 in the world. These take different forms of derivatives, bonds and paper money. A yearly increase of merely 10 % results in an increase of € 60 000 000 000 000 per year. In comparison only 20 839 metric tons of silver was mined last year. 18 137 tons where used for industrial supply.
http://libertysilver.se/pages.php/page/silver_as_investment
USD $1 1908 = 2-3 cents 2008.
1 troy ounce gold or silver 1908 = 1 troy ounce gold or silver 2008.
Gold & Silver have an intrinsic value since its rare and highly demanded in the industry, as jewellery and as an investment.
There can be no inflation in Gold & Silver since the quantity of Gold & Silver is constant. Some Gold & Silver has been mined and circulates above ground and some is left below ground waiting to be mined. The total amount is however constant.
Paper money comes and goes but Gold & Silver persists. No paper money has ever survived more than a couple of decades. The value of Gold & Silver has persisted for thousands of years. The amount of paper money is increasing rapidly. The current increase rate for money supply is 19% in the US, 13% in Great Britain and 10% in Sweden. Most every country has similar high inflation rates. The amount of Gold & Silver in the world doesn't increase at all. The result being that there is more paper money for each unit of Gold & Silver. The price of Gold & Silver will therefore increase over time.
Gold & Silver is measured in weight. Paper money is measured by a printed number. These numbers are set by politicians, banks and consumers. Paper money is created by debt or political decisions and creates "bubbles" due to debt consumption.
Today there are "assets" for € 600 000 000 000 000 in the world. These take different forms of derivatives, bonds and paper money. A yearly increase of merely 10 % results in an increase of € 60 000 000 000 000 per year. In comparison only 20 839 metric tons of silver was mined last year. 18 137 tons where used for industrial supply.
http://libertysilver.se/pages.php/page/silver_as_investment